LUXURY FASHION, THE GROUP GENTILI MOSCONI BASED IN COMO, ENTERS THE STOCK MARKET A family story of innovation and sustainability

An entrepreneurial success story born in 1988. An adventure full of challenges overcome and studded with important decisions. The latest of which is certainly the debut on the Stock Exchange that took place in February. In fact, the listing on Piazza Affari represented a new milestone for "Gentili Mosconi" and, at the same time, a starting point to build an increasingly solid future for the group, which operates in the luxury fashion market by offering design, transformation, printing and customization services of raw fabrics at the service of international players. And so in February "Gentili Mosconi" announced that it had successfully concluded an institutional placement aimed at the company's admission on Euronext Growth Milan. The debut took place on February 7 with a market capitalization of 71.3 million euros. The IPO process (Initial Public Offering - Initial Public Offering of equity securities by which a company places part of these securities on the stock market for the first time, offering them to the investing public) ended with 23 million raised and a price of 3.75 euros per share. As part of the placement, Palladio Holding S.p.A and Mahrberg AG acted as Cornerstone Investor with total commitments of €5 million. Strong market interest, evident in the bookbuilding process, resulted in significantly higher demand than supply and enabled an allocation focused on long-only investors, largely international. Equita's Investment Banking and Global Markets teams acted as Sole Global Coordinator, Joint Bookrunner and Euronext Growth Advisor. The deal constitutes the largest IPO in Italy since August 2022 in terms of value raised, and helps reopen the domestic listing market in 2023 - as well as representing the ninth IPO completed by Equita since 2020. The Gentili Mosconi Group should be emphasized as a strategic partner for the most iconic and representative realities of the world of luxury and international high fashion in translating the ideas and needs of its customers into fabrics or finished products, with personalized and exclusive designs and prints, combining artisan skills and tradition with innovation. The Company controls the entire value chain, outsourcing intermediate stages of the production process to external partners, with about 70 percent of printing needs handled through the in-house Emme print shop, acquired in 2015. Another outstanding feature at Gentili Mosconi is represented by the utmost attention paid to the concept of "sustainability," interpreted in all its forms. The company has indeed fully understood the importance of being a "benefit" company, that is, of making sure that the entire business process is the success of positive effects generated on people, community, territory and environment. Benefit companies therefore pursue these goals in a responsible, sustainable and transparent way, and their management requires managers to balance the interest of shareholders with the interest of the community. Such attention, just to give a simple example, to the reduction of energy, water and material consumption. This allows high flexibility in responding to customer demands and rapid time to market. Thus, an increasingly international company that nevertheless maintains strong territorial and family ties. “It was created by me and my wife Patrizia Mosconi and we still run it in harmony today," says Francesco Gentili President and CEO as well as major shareholder, "Now my daughter Giulia is also with us and, when she feels like it, she can be the one to carry on the family tradition. I have always believed that one has to love this work deeply, otherwise it would become complex and painful to do." And in the family history there are many curiosities and episodes that, in some ways, have marked an era as well as having characterized a flourishing economic period for the Como area, suffice it to say that accountant Bruno Gentili "who was my uncle, was the one who technically contributed to creating the prerequisites for the listing of what was the first Como company on the stock exchange, namely Ratti Spa. And now, 30 years later, it's our turn," says Francesco Gentili.