The tender offer price represents a premium of approximately 20% over the 60-day volume weighted average price of the Shares as of March 24, 2026, the last full trading day prior to Beretta Holding's announcement regarding a potential partial tender offer for the Shares, and a premium of approximately 21% over the closing price of the Shares on September 16, 2026, the last full trading day before the commencement of the tender offer.

The tender offer is currently scheduled to expire at one minute after 11:59 p.m., New York City time, on October 15, 2026, unless the tender offer is extended pursuant to the terms set forth in the Offer to Purchase, dated September 17, 2026 (the "Offer to Purchase").