• The Italian Sea Group will file a court-supervised restructuring proposal today to transfer operations to a third party, preserving business continuity.
• SRI Group Global Limited's EUR 220 million offer for the entire business forms the plan's provisional basis, subject to improved bids.
• A Florence court hearing is scheduled for November 11, 2026; a business lease could be signed in the first week of December.
• The plan provides full repayment for preferential creditors, approximately 10% for unsecured creditors and no recovery for subordinated creditors or shareholders.
• Court confirmation would trigger liquidation of the listed company, which would cease owning the business and conducting operations directly following plan execution.

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: 2378-119-2026_TELEBORSA.pdf), on November 02, 2026, and is solely responsible for the information contained therein.