REGULATIONS FOR THE MANAGEMENT OF TRANSACTIONS WITH PARTIES IN CONFLICT OF INTEREST

On 18 June 2026, the Board of Directors of Kruso Kapital S.p.A. (the “Company” or “Kruso Kapital”) with the favourable opinion of the Related-Party Transactions Committee, approved the “Procedure for Related-Party Transactions” (the “Procedure”), which came into force on the date on which trading in Kruso Kapital’s ordinary shares commenced on Euronext Milan, a market organised and managed by Borsa Italiana S.p.A. The Procedure is intended to define, within the context of the Company’s operations, the principles and rules to be observed in order to manage the risks arising from the conduct of related-party transactions by the Company and its subsidiaries. The Board of Directors shall, at least every three years and subject to the favourable opinion of the Related-Party Transactions Committee, review the Procedure, taking into account, amongst other things, any changes that may have occurred in the ownership structure, as well as the effectiveness demonstrated by the Procedure in its application. In particular, the provisions set out in the Procedure shall apply to transactions carried out by Kruso Kapital, either directly or through companies controlled by Kruso Kapital (“KK Subsidiaries”), with Related Parties within the meaning of the “Regulations on Transactions with Related Parties” adopted by CONSOB by Resolution No. 17221 of 12 March 2010, as subsequently supplemented and amended.