The Extraordinary Shareholders’ Meeting of SIA, which met today under the chairmanship of Federico Lovadina with the participation of 96.1% of the Company’s capital, approved the merger project by incorporation of SIA SpA into Nexi SpA The closing of the merger is conditional upon the occurrence of certain standard conditions precedent for transactions of this type, including obtaining the relative authorizations, including that of the competent Antitrust Authority. The transaction represents a strategic opportunity to integrate the activities of SIA and Nexi, thus creating a new leading Italian paytech in Europe, capable of covering the entire digital payment value chain and serving all market segments with more complete and innovative range of solutions. The transaction follows the merger deed of Nets into Nexi. The new group aims to be the leading PayTech in Europe for distinctive skills, for the scope of the distribution network, for the breadth of the offer and with a market space that expands to become four times larger than the Italian one. The merger will allow Nexi to cover the most attractive, fast growing and still under-penetrated European markets. Nexi operates in three market segments: Merchant Services & Solutions in which it serves approximately 900,000 merchants, Cards & Digital Payments in which, together with partner Banks, it manages approximately 43 million payment cards and Digital Banking Solutions managing 12,800 ATMs, approximately 480,000 e-banking stations and around 900 million transactions.