Update on the acquisition of Perimeter B.1 of the Tessellis Group – The Court of Cagliari authorizes the sale to DHH of the B2B business unit of GO Internet S.p.A., including the equity interest held in X-Stream S.r.l.

Milan, 14 July 2026. DHH S.p.A. (DHH.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005645541) (“DHH” or “Company”), following the press releases dated May 20, 2026, May 22, 2026, and July 1, 2026 – to which reference is made for further details – announces that, by decree dated July 13, 2026, the Court of Cagliari, pursuant to Art. 22, paragraph 1, letter d) of the CCII (Code of Business Crisis and Insolvency), authorized the sale of the B2B business unit of GO Internet S.p.A. – including the equity interest held in X-Stream S.r.l. – to DHH, exempting the latter from joint and several liability under Art. 2560, paragraph 2, of the Civil Code for debts related to the operation of the transferred business unit incurred prior to the transfer.

This measure is part of the broader transaction relating to Perimeter B.1, which also includes the equity interest held by Tiscali Italia S.p.A. in Aetherna S.r.l., as previously disclosed to the market. The total consideration for the transaction remains Euro 4.200.000,00, payable in full upon the transfer, in accordance with the original offer structure reinstated by DHH.

In the decree, the Court found that the requirements set forth in Article 22, paragraph 1, letter d) of the CCII had been met; specifically, the transfer was necessary for business continuity, the transaction was designed to best satisfy creditors, and the principle of competitiveness was observed in the selection of the purchaser. The completion of the transaction remains subject to the fulfillment or waiver of any additional applicable conditions precedent, the Expert’s approval, and the signing of the final contractual documentation.

Finally, please be advised that the parties have agreed to extend the deadline for the fulfillment of the conditions precedent and for the completion of the sale of Perimeter B.1 from July 15 to July 31, 2026.

For further information regarding the terms and conditions of the transaction, please refer to the press releases dated May 20, 2026, May 22, 2026, and July 1, 2026.