Exor NV

Exor announces the launch of an Italy-focused seed initiative to support the country’s most promising entrepreneurs building the next generation of great companies. Exor Seeds (early stage venture arm of Exor) will invest in pre-seed and seed stage startups offering a €150K investment with an efficient diligence process, founder-friendly terms, and no board seat.

The Exor Board of Directors’ meeting, chaired by John Elkann, approved today the 2021 Annual Report, which will be submitted for adoption to the Annual General Meeting of Shareholders on 24 May 2022.

EXOR N.V. (“the Company”) announces today that it will launch a share buyback program (“the Program”). The Company expects that the Program will involve the repurchase from time to time of up to €500mn of ordinary shares by 2024, in line with the disclosure made at the 2021 Investor Day.