Alfa Gomma S.p.A. in liquidazione – Granting an exclusivity period to Danfoss A/S (“Danfoss”)

The Board of Receivers of Alfa Gomma S.p.A. in Liquidazione (“Alfa Gomma”, the “Company”) announces that, today, it convened to examine the binding offers received in the context of the competitive process initiated for the valorization of the Group.

Following its assessment of the offers received, the Board of Receivers resolved to grant an exclusivity period to Danfoss for the purpose of finalizing the terms and conditions of the transaction.

The Board of Receivers notes that the offer received is particularly well aligned with the objectives of the liquidation procedure, as it envisages, among other things, the continued industrial development of the Alfa Gomma business, with a clear long-term commitment to strengthen the operations, support the industrial base, and ensure stability, growth, and continued investment in the people, capabilities, and operations of Alfa Gomma.

It should be noted that Danfoss, founded in 1933 and headquartered in Denmark, is a global group specializing in the design and manufacture of advanced components and systems for the Mobile & Industrial Hydraulics, Power Electronics & Drives, and HVACR & Climate Technologies sectors. In 2025, Danfoss generated revenues of €9.4 billion and employed approximately 39,000 people worldwide. Danfoss already has a significant presence in Italy, with an established industrial and commercial platform and numerous manufacturing facilities, offices, and operational centers across the country. This presence has been further strengthened in recent years through a number of acquisitions, including Palladio Compressors and Hydro Holding. Danfoss is a family-controlled company with a concentrated and stable ownership structure. Its controlling shareholders, the Bitten & Mads Clausen Foundation and the Clausen family, collectively hold more than 99% of the company’s share capital.

The Company will provide any further updates in due course.

Lazard is acting as exclusive financial advisor to the Company, while Studio Legale Giliberti Triscornia e Associati is acting as legal counsel.

THE BOARD OF RECEIVERS

Dott. Claudio Roberto Calabi

Prof. Enrico Cotta Ramusino

Prof. Andrea Amaduzzi