No securities are beneficially owned.
In connection with an internal reorganization, Nogra Group SICAF SIF MGG Strategic, a holder of 23,390,000 shares of Class A Ordinary Shares of the issuer, was transferred to a new entity, MGG Strategic SICAF SIF S.A. ("MGG SICAF") and renamed MGG Strategic SICAF S.A. - MGG Strategic ("MGG Strategic"). MGG Strategic is a sub-fund managed and administered by MGG SICAF. A board of directors consisting of M. Germano Giuliani, Achille G. Severgnini, Marco Sterzi and Franco Toscano has voting and dispositive power over the securities managed by MGG SICAF. Each member of the board disclaims beneficial ownership over such shares. MGG Strategic is owned by the MGG Trust, of which M. Germano Giuliani is the beneficiary. M. Germano Giuliani disclaims beneficial ownership over the shares beneficially owned by MGG Strategic. The trustee of the MGG Trust is GISEV Trustees Limited. The protector of the MGG Trust is Achille G. Severgnini, who has the power to remove and replace the trustee of the MGG Trust.