Commercial property, 2140 m²

San Giovanni Ilarione, Verona (province)

Footwear Manufacturing Company at auction in San Giovanni Ilarione (VR).

NOTICE OF PUBLICATION OF A PURCHASE OFFER
AND INVITATION TO SUBMIT EXPRESSIONS OF INTEREST AND/OR IMPROVED OFFERS
Stil Tre S.r.l., with registered office in San Giovanni Ilarione (VR), Viale dell’Industria no. 2, VAT No. 02906120239, registered with the Verona Companies Register no. 00598420073, represented by the Chairman of the Board of Directors Dr. Stefano Danese

WHEREAS:

1. the company is currently involved in a corporate crisis management process במסגרת which a negotiated settlement procedure pursuant to
Art. 12 of the CCII has been initiated;
2. Stil Tre S.r.l. owns a business complex operating in the sector of footwear manufacturing for third parties, located in San Giovanni Ilarione (VR), Viale dell’Industria no. 2, including tangible and intangible assets, contractual relationships and goodwill, as well as the property instrumental to the exercise of the activity;
3. this procedure for collecting expressions of interest and/or offers concerns a compendium articulated into two distinct and mutually autonomous components:
(i) the operating business and (ii) the instrumental real estate complex (iii) individual assets and rights included in the business compendium, including trademarks, intangible assets and specific legal relationships, where capable of autonomous enhancement;
4. in particular:
a) the business is an organized and functioning production structure, active for over 30 years in third-party footwear manufacturing, with experience in the mid-to-high segment and in the production of sneakers, characterized by:
• consolidated technical and industrial know-how;
• trademarks and distinctive signs used in the activity;
• specialized workforce;
• ability to manage the entire production cycle (prototyping, cutting, stitching,
assembly and finishing);
• integration between in-house processing and outsourcing;
• plants, machinery and equipment suitable for production;
• production organization, goodwill and operating relationships; with an estimated production capacity of about 480 pairs/day, up to 100,000 pairs/year; the business is currently operating under a business lease arrangement, a circumstance that has ensured continuity of operations and preservation of industrial value, which is mainly linked to operational continuity, organized production capacity and know-how;
b) the real estate compendium, owned by the Company, consists of an autonomous and functional industrial complex located in San Giovanni Ilarione (VR), Viale dell’Industria no. 2, including:
• production warehouse of approximately 1,600 sqm;
• office building of approximately 540 sqm over multiple levels;
• external areas and appurtenances functional to the activity;
the complex is in good condition, is immediately usable for production or logistics activities and represents an asset that can be enhanced independently, even regardless of the business activity;
5. on 10 December 2025 a business lease agreement currently in force was executed, aimed at business continuity and preservation of the
value of the compendium;
6. said agreement provides, among other things, that, in the event of award to third parties through a competitive procedure, it shall be deemed terminated by operation of law, with an obligation on the lessee to transfer without delay the availability of the business to the successful bidder;
7. the company intends to ensure maximum transparency and openness to the market, encouraging the participation of potentially interested parties;
8. appraisals relating to both the property and the business, as well as other business assets, are available to potential bidders. These may be made
available to interested parties in a dedicated Virtual Dataroom, upon execution of a specific confidentiality agreement;
9. Stil Tre S.r.l. is available to consider:
• the sale as a single lot of the business and the property;
• the separate sale of the individual components;
• the transfer of the business and goodwill separately from the property, with the purchaser undertaking to relocate the activity to another site.