Exor NV

Exor N.V. announces the settlement of the previously announced offering of Euro 650 million notes priced on 7 February 2024 with a fixed annual coupon of 3.750% and due on 14 February 2033.

The notes have been listed on the Luxembourg Stock Exchange, admitted for trading on the Euro MTF Market and assigned a credit rating of A- by Standard and Poor’s rating agency.

Exor N.V. (rated A- with stable outlook by Standard & Poor’s) announces the pricing of Euro 650 million notes due on 14 February 2033, with an issue price of 99.371% and a fixed annual coupon of 3.75%.

The purpose of the issue is to raise new funds for Exor’s general corporate purposes and refinance debt maturing in 2024.

The notes will be listed on the Luxembourg Stock Exchange, admitted for trading on the Euro MTF Market, and the settlement of the issue will take place on 14 February 2024.

EXOR N.V. announced today the following Corporate Calendar for 2024:

• 10 April 2024: Board of Directors Meeting for the approval of the Company’s 2023 Annual Report

• 28 May 2024: Annual General Meeting of Shareholders for the adoption of the Company’s 2023 Financial Statements

• 25 September 2024: Board of Directors Meeting for the approval of the Company’s 2024 Half-Year Financial Report

Exor will hold its 2023 Investor Day event today in Turin, Italy. The event will be hosted by Exor’s CEO John Elkann, together with the Company’s leadership team. Attendance in person is by invitation only.

EXOR N.V. (AMS: EXO) (“Exor) starts today the process of the implementation of the Board resolution to cancel 13,008,289 ordinary shares or 5.6% of Exor's ordinary issued share capital.

These ordinary shares have been acquired as part of the Tender Offer completed on 12 October 2023 (for a total of 8,873,452 ordinary shares) and the share buyback program announced in 2022 (for a total of 4,134,837 ordinary shares).

Exor announces that S&P Global Ratings (S&P) communicated today that it has upgraded Exor’s long-term corporate credit rating to A- from BBB+, keeping a “stable” outlook.

The short-term rating of Exor is A-2.

Exor N.V. (“Exor” or the “Company”) announces the results of the Tender Offer set out in the Offer Memorandum published by the Company on 13 September 2023 (the “Offer Memorandum”). The Tender Offer closed at 17:40 CET on 12 October 2023.

On 10 October 2023, the reported closing price of the Ordinary Shares on Euronext Amsterdam was EUR 84.20 per Ordinary Share.