Campodarsego (Padua), January 18, 2021 – In the frame of the project to reorganize the management model of the Group's financial operations, already announced in March and July 2020, today, Carraro
Finance SA, a company incorporated under Luxembourg law and wholly owned by Carraro International SE, confirmed and approved at the Extraordinary General Meeting the contribution in kind by Carraro
International SE of the going concern related to its financial management and treasury activities for the benefit of the Group and including the two bonds issued (financial going concern). The completion of the
contribution will also entail the signing of the necessary documentation formalizing the role of Carraro Finance as issuer of the two aforementioned bonds.
Carraro Finance will therefore contribute - starting from the effective date - to the financial management and will carry out all treasury activities for the benefit of the Group.
This transaction anticipates and accelerates the original plan to transfer the registered office of Carraro International SE, allowing an immediate operativity in Luxembourg and it is presented in detail in the
contribution project published on December 17, 2020 in compliance with Luxembourg law.
The transfer will be effective as from h. 24.00 of January 31, 2021, subject to registration in the Luxembourg and Italian company registers.