• ICOP is pursuing a share-exchange offer for all Trevi ordinary shares, offering 0.133 newly issued ICOP shares per Trevi share.
• Capital increase set at up to EUR 8.72 million, issuing up to 8,721,903 new ordinary shares to settle the exchange.
• Minimum acceptance threshold lowered; the offer now requires at least 66.67% of Trevi voting rights.
• Financing condition revised to allow lender waivers on change-of-control prepayment rights, including in a potential Trevi delisting scenario.
• ICOP may waive the financing condition if alternative refinancing is secured with maturity no earlier than 2031.

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. ICOP S.p.A. Socità Benefit published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 1936-43-2026_TELEBORSA.pdf), on August 20, 2026, and is solely responsible for the information contained therein.