ILBE (Iervolino and Lady Bacardi Entertainment) – a company active in the production of film and television content (Euronext Growth Milan – IT0005380602 – IE and Euronext Growth Paris – IT0005380602 – ALIE) – annouces that as of today, the five-year period starting form the Initial Trading Date, during which IA Media had the right to exercise multiple
voting rights on a total of 11,000,000 shares, has expired.

Accordingly, the corporate organizational chart of the major shareholders has been updated as follows: