PRESS RELEASE
MYBEST GROUP S.P.A.: ORDINARY SHAREHOLDERS' MEETING

• Authorisation to purchase and dispose of treasury shares;
• Appointment of Deloitte & Touche S.p.A. as independent auditors for the financial years 2018, 2019 and 2020;
• Appointment of the members and the Chairperson of the Board of Statutory Auditors; definition of the Statutory Auditors' remuneration.

Milan, Italy, 23 October 2018 - MyBest Group S.p.A. ("MyBest Group" or the "Company") (Symbol: ALMBG - ISIN code: IT0005119109), omni-channel platform enabling savings on electricity, gas and telecommunications, notifies that the Shareholders' Meeting met today, in first call, chaired by Fabio Regolo.

The Shareholders' Meeting resolved to authorise the purchase and disposal of treasury shares. The reasons behind this choice are the following:
(i) to implement share incentive plans for the directors, employees and collaborators of MYBEST GROUP or its subsidiaries, foreseeing the allocation of purchase options or free allocation of shares;
(ii) to intervene on the market, in compliance with laws in force, to support share liquidity, without prejudicing equal treatment of shareholders.
The request to authorise the purchase of treasury shares is not aimed at transactions to reduce share capital by cancelling treasury shares purchased. The Company may purchase shares in one or more tranches, to an extent freely determined by the Board, up to a maximum number of shares not exceeding 10% of the share capital. Purchase must take place within the limits of distributable profits and/or available reserves resulting from the latest and duly approved financial statements. Moreover, only fully paid-up shares may be purchased. The authorisation will also imply the right for the Board of Directors to dispose of shares in portfolio. For each treasury share purchase or disposal transaction, the Company shall maintain appropriate accounting records, in accordance with art. 2357-ter, last paragraph, of the Italian Civil Code and the relevant accounting standards. The authorisation is granted for 18 (eighteen) months from today's date. With no prejudice to negotiation constraints pursuant to European Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016. As regards the minimum and maximum price of the treasury shares to be purchased, the treasury share purchase price will be identified each time considering the method chosen to perform the transactions and in accordance with regulatory provisions or market practices allowed. Purchase must be carried out in compliance with negotiation conditions established in art. 3 of Regulation 2016/1052, implementing the MAR; therefore, at a price that is no higher than the highest between the price of the last independent transaction and the price of the current independent bid on the trading venues where the purchase is carried out. The disposal of treasury shares may be carried out at the price or, in any case, based on the criteria and conditions determined by the Board of Directors, with regard to the implementation methods used, the trend of share prices in the period prior to the transaction and the Company's best interests.

The Shareholders' Meeting confirmed the appointment of Deloitte & Touche S.p.A. to perform the independent audit of accounts for financial years 2018/2020, defining the relative fee. Following approval of the financial statements as at 31 December 2017, the independent auditing assignment to the company Deloitte & Touche S.p.A., granted by the shareholders on 17 September 2015 until approval of the financial statements as at 31 December 2017, had expired. Pursuant to art. 13 of Legislative Decree 39 of 27 January 2010, the Shareholders' Meeting, based on a motivated proposal made by the Board of Statutory Auditors, assigned again the independent auditing of accounts to Deloitte for the financial years 2018/2020.

The Shareholders' Meeting has appointed the new Board of Statutory Auditors.
During today's ordinary Shareholders' Meeting, the new standing and alternate members of the Board of Statutory Auditors were appointed, following resignations handed in by the members of the previous Board of Statutory Auditors for personal reasons.
The Shareholders' Meeting therefore appointed the Board of Statutory Auditors as follows:
Alfredo Fossati (appointed as Chairperson), Francesco Gianluca Pecere (Standing Auditor) and Roberto Giannella (Standing Auditor). The alternate Auditors are Nicola Tufo and Pierluigi Pipolo. The appointment will last for three years, until approval of the financial statements as at 31 December 2020.

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MyBest Group
MyBest Group is an omni-channel "saving platform" allowing users to identify the best offers and the products that best suit their needs. The Group provides users with a free service to compare the prices and products offered by the main utilities operating in Italy in the electricity, gas, and telephone sectors. Over the last 3 years, more than 1 million Italians have saved on their bills thanks to MyBest Group, receiving free and customised advice either by phone or directly at home. MyBest Group was founded in 2003 and ended 2017 with more than €26 million in consolidated revenues, up 7% year-on-year.

For more information:
Be Media - MyBest Press Office

Serena Battiloro
M: +39 3401869091
E: s.battiloro@bemedia.it

Alberto Murer
M: +39 334 6086216
E: a.murer@bemedia.it

Investor Relations
Anna Barbara Assegnati
E: ir@mybestgroup.it

Symbol: ALMBG
ISIN code: IT0005119109
https://www.mybestgroup.it/

MyBest Group S.p.A                                                                          Atout Capital, Listing Sponsor
Fabio Regolo, CEO & Charmain                                                        Cédric Beudin, Managing Partner
Phone: +39 022413441                                                                         Phone: +33 1 56 69 61 83
Mail: fabio.regolo@mybestgroup.it                                             
Mail: cedric.beudin@atoutcapital.com
Website: Website: http://www.atoutcapital.comMyBest Group