Azúr A.S. has announced that the Italian Presidency of the Council of Ministers granted a formal authorization, without additional conditions, to KKCG Maritime’s voluntary conditional partial public tender offer for up to 52.13 million shares of Ferretti (Stock Code: 09638). These shares represent 15.40% of Ferretti’s subscribed and paid-in share capital.

According to the announcement dated 4 March 2026, the Italian Presidency of the Council of Ministers determined that the conditions for exercising special powers under the Golden Power Legislation were not met with regard to KKCG Maritime’s potential increase in Ferretti’s shareholding. As a result, the relevant condition in Section A.2(ii) of KKCG Maritime’s tender offer document has been satisfied.

Further updates regarding the status of the partial tender offer will be provided as developments arise.