Press Release

CET 12.11 Rome, 5 October 2022 – Today’s meeting of the Board of Directors of Atlantia SpA (the “Company”), chaired by Ambassador Giampiero Massolo, has approved the statement (the “Issuer’s Statement”) pursuant to article 103, paragraph 3 and 3-bis of Legislative Decree 58 of February 24, 1988, as amended (the “Consolidated Finance Act”) and article 39 of the Regulation adopted with CONSOB resolution 11971 of May 14, 1999, as amended (the “CONSOB Regulation”). The Issuer’s Statement contains the Board of Directors’ assessment of (i) the voluntary tender offer launched by Schema Alfa SpA (the “Offeror”) on the Company’s shares, pursuant to articles 102 and 106, paragraph 4 of the Consolidate Finance Act (the “Offer”) and (ii) the fairness of the related consideration, equal to €23.00 for each share tendered in acceptance of the Offer (the “Consideration”). In preparing the Issuer’s Statement, the Board of Directors noted the Offer and the terms and conditions described in the offer document, approved by the CONSOB on 3 October 2022 in resolution 22.464 (the “Offer Document”). The Board also took into account the opinion provided on 4 October 2022 by the independent directors pursuant to article 39-bis of the CONSOB Regulation (the “Independent Directors’ Opinion”), the fairness opinion approved by Equita SIM, acting as financial advisor appointed by the independent directors for the purposes of their assessment, and the fairness opinions issued by BNP Paribas and Morgan Stanley, acting as financial advisors appointed by the Board of Directors (the “Fairness Opinions of the Financial Advisors”). As a result of the meeting, the Board of Directors, after also considering the content of the Fairness Opinion of the Financial Advisors and the Opinion of the Independent Directors - unanimously with the sole abstentions of the Directors, Christian Coco (Investment Director at Edizione SpA and a member of the boards of Schemaquarantadue SpA and Schema Alfa SpA) and Valentina Martinelli (Head of Financial Accounting and Compliance at Edizione SpA) – deemed the Consideration to be fair from a financial point of view. For further details and the observations expressed by the Board of Directors, please refer to the Issuer’s Statement that will be attached to the Offer Document, together with the Independent Directors’ Opinion and the Fairness Opinion of the Financial Advisors. All the above documentation will be published pursuant to the applicable laws and regulations.