TataTu SpA: PROPOSED CAPITAL INCREASE WITH NO PRE-VOICE RIGHTS THAT MAY BE OFFERED TO ANIVAD CONSULTING LTD FOR AN AMOUNT OF EURO 2,650,000

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TATATU SPA: PROPOSED CAPITAL INCREASE WITH NO PRE-VOICE RIGHTS THAT MAY BE OFFERED TO ANIVAD CONSULTING LTD FOR AN AMOUNT OF EURO 2,650,000

In line with the company’s strategies, this capital increase opens up the company’s stake to Eduardo Teodorani Fabbri, a person of great international renown who is already a member of the Board of Directors of Tatatu SpA

Annual General Meeting is to be convened for December 20, 2022.

Rome, November 11, 2022 Tatatu SpA (the “Company”), which owns TaTaTu, an entertainment platform built on data sharing and circular economy and listed on Euronext Growth Paris (stock exchange symbol: ALTTU) through a direct listing of shares, announces that its Board of Directors has approved the Proposal decided to the shareholders, a Capital increase excluding subscription rights pursuant to article 2441, paragraph 5 of the Italian Civil Code to be offered to Anivad Consulting Ltd, amounting to 2,650,000.00 euros including premium (two million six hundred fifty thousand.00) (the “Capital Increase”). The transaction was completed in fulfillment of obligations assumed by and between the Company under the service agreement dated March 2, 2020 (as amended September 8, 2022). Andrea Iervolino, CEO of Tatatuand the current director of the company Eduardo Teodorani Fabbri (both on its own behalf and on behalf of Anivad Consulting Ltd.) (the “Services Agreement”). The content of the service agreement was disclosed to the market as part of the information document published in connection with the direct listing.

The capital increase, which is expected to take place on December 20, 2022, will increase the company’s stake Eduardo Teodorani Fabbri, a well-known professional of great international renown. He will also support the company in relationships with the financial sector to contribute to its development continue on the path you have taken and achieve the strategic goals set as part of the direct listing.

In addition, Eduardo Teodorani Fabbri and Anivad Consulting Ltd. committed to the company that Anivad Consulting Ltd. the shares to be subscribed for as part of the capital increase will not be sold for a period of 3 years (lock-up) on the respective subscription date.

The capital increase provides for the exclusion of shareholders’ subscription rights in accordance with § 2441 Para. credits accruing to the company in return for the activities carried out in the performance of the service contract. Accordingly, and as disclosed in the information document, the Board of Directors has proposed a subscription price for the new shares of EUR 2.00,

The shares to be issued in consummation of the capital increase will be Tatatu common stock and will carry the same dividend rights as the Company’s existing common stock.

About Eduardo Teodorani Fabbri

Born in Rome Eduardo Teodorani Fabbri Degree in Economics from La Sapienza University. During his studies he gained work experience Lazard & Freres Bank in New York and at Safic Alcan in London. After more than 30 years of experience within the FIAT Group, he currently holds the post of Advisor to the WRM group and board member of AON Italia Srl, HippoGroup Cesenate SpA, Margherita Distribuzione SpA and uFirst Srl He is also the director of Italian Chamber of Commerce and Industry in the United Kingdom of Great Britain and Ireland and a member of ConsiUSA, Council for the United States of America and Italy, Managing Director of Anivad Consulting Ltd and Senior Advisor to the WRM Group. From the date of the admission of Tatatu SpA shares to trading on Euronext Growth Paris, Teodorani Fabbri will be a member of the Board of Directors of Tatatu SpA

About TaTaTu

TaTaTu is the first entertainment platform based on data sharing economy and circular economy. The company is the first social media platform to reward users with TTU coins for viewing content and social media activity. Users can post photos and videos and earn even more TTU Coins when someone likes, comments, views or shares a post or when users invite a friend. Available worldwide in BETA version, TaTaTu offers its community auctions that give users the opportunity to win unmissable products and experiences by bidding with TTU coins. In addition, users can redeem TTU Coins for products in e-commerce.

The direct listing took place on October 20, 2022 through the admission to trading of No. 814,265,232 shares with a reference price of EUR 2.00, which corresponds to the subscription price of a pre-listing private placement. https://corporate.tatatu.com/en/.

For more informations:

Investor Relations Contacts

TWIN for TaTaTu

Mara Di Giorgio | [email protected] | +39 335 7737 417

Simona D’Agostino | [email protected] | +39 335 7729 138

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