• The Italian Sea Group chairman-CEO Giovanni Costantino resigned as director.
• Non-executive director Gianmaria Costantino also resigned.
• The resignations triggered the full board’s resignation, leaving it in place to run day-to-day operations until a new board is appointed.
• A board meeting will be called to set a shareholder vote to appoint a new board.
• Giovanni Costantino holds an indirect 53.6% stake via GC Holding, equal to 28,410,000 ordinary shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Italian Sea Group S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 2378-51-2026_TELEBORSA.pdf), on July 20, 2026, and is solely responsible for the information contained therein.