Impala and Exor will partner through a new joint holding company, TagHolding, which will become TagEnergy’s largest single shareholder

Impala, the investment firm controlled by Jacques Veyrat and his family, and Exor N.V. (“Exor”), the diversified holding company controlled by the Agnelli family, announced today that they have joined forces to further develop TagEnergy, a fast-growing company operating in the renewables and energy storage sectors.

EXOR N.V. (“Exor” or the “Company”) announces that all the resolutions proposed by the Board of Directors to the Annual General Meeting of Shareholders (the “AGM”) held in Amsterdam were approved.

The Chairman and Senior non-executive director of Exor, Ajay Banga, has submitted his resignation today following his nomination as the next President of the World Bank.

As previously announced, Nitin Nohria will be proposed as Exor's new Chairman at the next Annual General Meeting of the Company which will take place on Wednesday 31st May 2023.

Exor CEO John Elkann will act as interim Chairman until Mr. Banga's successor is nominated.

NITIN NOHRIA NOMINATED NEW CHAIRMAN, SUCCEEDING AJAY BANGA

EXOR N.V. announced today the following Corporate Calendar for 2023:

•   17 April 2023: Board of Directors to approve the Company’s 2022 Annual Report

Exor N.V. (“Exor”) has been informed that Andrea Agnelli, a Non-Executive Director of Exor, will not stand for re-election at this year’s annual general meeting of shareholders (the “2023 AGM”). Andrea Agnelli was re-appointed on 20 May 2020 for a term of three years, which term will expire at the close of the 2023 AGM.

Exor expresses its sincere thanks to Andrea Agnelli for his valuable contribution to Exor’s Board of Directors.