2026

Disclosure on the purchase of treasury shares in the period 12 – 19 january 2026

Conclusion of the Performance Share purchase Programme

Arnoldo Mondadori Editore S.p.A. (LEI Code 815600049A1F9AFE6666) announces the purchase on the Euronext Milan regulated market, in the period 12 – 19 January 2026, of 488,860 ordinary shares (equal to 0.1869% of the share capital) at an average unit price of €2.144598474000736 for a total amount of €1,048,408.41.

These transactions were made under the authorization to purchase treasury shares approved by the Shareholders’ Meeting of 16 April 2025, and as part of the purchase programme to service the Performance Share Plans underway (the “Programme”), the start of which was approved by the Board of Directors on 13 November 2025 (as per the disclosure made on the same date also pursuant to Article 144 bis of CONSOB Regulation 11971/99, and to Article 5 of EU Regulation 596/2014).

The following table details the purchases made per day in the above period of Arnoldo Mondadori Editore S.p.A. ordinary shares, ISIN Code IT0001469383, on a daily basis:

Date Quantity Average price (euro) Amount (euro)
12/01/2026                           75,841                     2.13096                   161,614.14
13/01/2026                           87,232                     2.14911                   187,471.16
14/01/2026                           92,525                     2.1602                   199,872.51
15/01/2026                           102,110                     2.16374                   220,939.49
16/01/2026                           65,576                     2.13515                   140,014.60
19/01/2026                           65,576                     2.112                   138,496.51

The purchases were made through the authorized intermediary Intesa Sanpaolo S.p.A. (LEI Code 2W8N8UU78PMDQKZENC08), independently and with no influence from the Issuer as regards the timing of the purchases.

Following the purchases made so far, Arnoldo Mondadori Editore S.p.A. holds no. 1,460,697 treasury shares, equal to 0.5586% of the share capital, of which 700,000 were purchased in execution of the Programme, which was completed on 19 January 2026 following the attainment of the total number of shares for the Programme.

Purchases in detail in the complete pdf.

Mondadori Group: acquisition of Edilportale.com S.p.A. finalised

The Mondadori Group announces that, pursuant to the contract signed and disclosed to the market on 29 December 2025, Arnoldo Mondadori Editore S.p.A. has completed today the acquisition of a 58.84% stake in Edilportale.com S.p.A., a company with international operations in the development of content, services and platforms across the architecture, design and construction markets, including through the Archiproducts brand.

The consideration for the transaction – paid entirely in cash today – amounts to € 31.2 million and reflects an Enterprise Value (100%) of € 50 million and an average NFP that is currently estimated to be positive at € 3 million.

The acquisition of Edilportale.com – consolidated as of 1 January 2026 – also includes an earn-out of approximately € 2.9 million payable to the sellers conditional upon achievement of predefined profitability growth targets for the 2027 financial year.

As previously announced, under the terms of the agreement, in the course of 2027 the selling shareholders and the Mondadori Group will transfer their respective shareholdings in the company to Mondadori Digital S.p.A., which will consequently hold 100% of Edilportale.com.
Following these transactions, Arnoldo Mondadori Editore S.p.A.’s stake in Mondadori Digital is expected to be approximately 89% of the share capital, with the remaining 11% held by the founders of Edilportale.com, marking the first time that new shareholders have joined Mondadori Digital.

The acquisition of Edilportale.com forms part of a strategy to strengthen Mondadori Digital’s position as Italy’s leading publisher in social media and digital content and helps to extend leadership in the vertical segments with the greatest growth potential, such as food, wellness and lifestyle, as well as into the architecture and design sector, and to enhance the service offering with new products and innovative solutions, including those aimed at international market.

The transaction enables Edilportale.com to enter a new phase of growth, supported by significant synergies with Mondadori Digital’s assets, including:

  • an acceleration in the development of AI-based services, also leveraging PLAI, the Mondadori Group’s artificial intelligence accelerator;
  • an expansion of the range of services offered to design companies through collaborations with AdKaora and Mondadori Digital’s social agencies;
  • a strengthening of its international presence in cooperation with AdKaora Iberia and GialloZafferano US.

As previously announced, including Edilportale.com’s activities, Mondadori Digital’s pro-forma revenues for 2025 would amount to approximately € 110 million, with an EBITDA margin of between 18% and 20%.

Under the terms of the agreement, Ferdinando Napoli, Marilde Longo, Vincenzo Maiorano and Maurizio Alfieri – who founded and have successfully managed Edilportale.com to date – will retain management responsibility for the company. In particular, Ferdinando Napoli has been confirmed as Managing Director and Andrea Santagata, Managing Director of Mondadori Digital, has been appointed Chairman.

INTERNI: 2026 opens with the international issue “Sport&Design”

and the volume “Milano Design Hub&Spoke”

Preview presentation on 14 January at the Italian Cultural Institute in Paris, in collaboration with the Italian Trade Agency

INTERNI kicks off 2026 by celebrating the excellence of Italian design worldwide and the major upcoming event of the Milan Cortina 2026 Winter Olympic and Paralympic Games (6–22 February and 6–15 March), with a double editorial launch: the international issue Sport&Design and the new volume in the Gold Series Milano Design Hub&Spoke.

Two special publications exploring the dialogue between sport, culture and design will be previewed on January 14 at the Italian Cultural Institute in Paris, in collaboration with ITA (Italian Trade Agency), during a talk involving French designers and Italian companies. This will be followed,on January 28, by a presentation at Triennale Milano together with its president Stefano Boeri and all those who, in different roles, have taken on the challenge of addressing a complex and crucial theme: rethinking the future of the planet with a clear-eyed and responsible approach, using design as a compass to imagine new ways of living, practising and protecting the mountains.

What will become of winter sports when there is no longer any snow? Will we ski on sand, or chase the last surviving glaciers at unreachable altitudes? As the climate crisis reshapes Alpine landscapes, the way we experience them is also changing: equipment, facilities, architecture and entire ski resorts must be rethought, suspended between utopian and dystopian scenarios.

“Our January–February issue, traditionally published in English, provides answers to these questions,” explains Gilda Bojardi, Editor-in-Chief of INTERNI. “Starting from the topical relevance of Milan Cortina 2026 and from the exhibition White Out. The Future of Winter Sports (28 January – 29 March), curated by Konstantin Grcic and Marco Sammicheli at Triennale Milano. The exhibition, of which INTERNI is media partner, explores the role of design in the extreme conditions of the mountains and shows how, amid the climate transition, design intelligence is being called upon to redefine practices, equipment and imaginaries.”

The magazine also analyses winter tourism; sport as an advanced research laboratory for materials and functions; and architecture as a new ‘climatic skin’ capable of enveloping the body and generating comfort, quality and energy efficiency. This perspective also extends to urban regeneration projects, where innovation becomes a cultural and social value as well as a technical one.

The INTERNI Sport&Design issue (January–February) is enriched by two major supplements: the volume Milano Design Hub&Spoke and the Design Index Guide 2026. Available in both print and digital formats, the Guide features over 8,000 addresses from the world of design: who produces and what they produce, where to buy and what to buy, who designs, photographs, advertises, publishes, teaches, organises and exhibits. A complete list of showrooms and retail spaces of the companies featured in the Guide, with their respective brands, will also be available for digital download.

The magazine will be on newsstands and available via the app from 22 January. It is entirely in English, with an Italian translation included at the end of the issue.

Distribution of this special edition and its supplements is planned in Paris at hotels, art galleries, design and fashion boutiques, major showrooms and architecture studios, in the hospitality areas and at the Maison&Objet kiosk, as well as at the main newsstands in the city centre.

The volume “Milano Design Hub&Spoke”

Milano Design Hub&Spoke is the sixth chapter in INTERNI’s Gold Series, which celebrates the leading figures of Italian design and the companies that have played a decisive role in establishing Italian Design as a global benchmark for quality, vision and manufacturing excellence. In this new edition, the focus shifts to the territory, specifically to Milan, a city that has become a system in itself, an international hub for design, communication and, more broadly, project culture.

Over recent decades, the Lombard capital has taken on the role of a platform where skills, languages and disciplines converge, and where design finds its most fertile ground. This centrality is manifested through an increasingly articulated network of dedicated places: not simple commercial spaces, but environments that become points of encounter, discussion and exchange. Flagship stores, showrooms and retail spaces are transformed into cultural venues, recognised by international audiences as key nodes within the design supply chain. Here, products are not merely displayed but also interpreted, narrated and placed within immersive experiences that enhance visitors’ awareness and understanding.

The volume was conceived with the aim of interpreting Milan precisely as the beating heart of this complex ecosystem. The city is portrayed through a map of physical locations that embody contemporary design in all its expressions: ever-larger exhibition spaces, rich in content and distinguished by constantly evolving aesthetic and museographic quality. From this perspective, Milano Design Hub&Spoke becomes a valuable tool for navigating the excellences of Made in Italy and discovering where to encounter them, understand them and purchase them.

“If Milan represents the Hub – the nucleus that concentrates and amplifies the narrative of Italian design – the Spokes are the many productive realities that sustain this system,” explains Gilda Bojardi, Editor-in-Chief of INTERNI. “It is in the dialogue between city and territory that the strength of Italian design develops: a widespread heritage made up of companies, districts and supply chains that preserve centuries-old manufacturing traditions while at the same time embracing technological innovation and sustainability. It is a mosaic of complementary skills that reflects the value of Made in Italy and fuels a continuous flow between creativity, technique, research and production.”

The narrative of the volume is accompanied by a rich photographic gallery that juxtaposes the architectural icons of historic Milan with the buildings that, in recent years, have transformed its skyline. The images portray a city in evolution, where symbolic places of tradition coexist with new districts shaped by urban regeneration projects that have positioned Milan among the world’s most dynamic international metropolises.

The introduction includes the interventions of the main institutions of the Project System — Salone del Mobile.Milano, Triennale Milano, ADI and Politecnico di Milano-School of Design — which offer an authoritative point of view on the evolution of the sector. Particular attention is given to the theme of distribution, analysing how the physical space in which products meet consumers is changing in response to new needs, new contexts of use and transformations in global markets. The challenges faced by the sector clearly emerge: the need to rethink relationships with audiences, to enhance experience, to incorporate digital tools, while at the same time maintaining a strong connection with the material identity of the product.

Each company featured in the volume tells its own story, vision and the spaces that best represent it within the Milan ecosystem: flagship stores, urban showrooms, headquarters, museums and exhibition spaces. These are environments where relationships are built, ideas are developed and future projects are imagined. What emerges is a panorama of companies that safeguard Italy’s great artisanal heritage, capable of integrating it with advanced industrial processes and the most innovative digital tools, without sacrificing a strong commitment to sustainability.

The publication aspires to be a Who’s Who of Made in Italy: an authoritative and comprehensive guide for Italian and international professionals interested in discovering leading manufacturing companies, their expertise and the places where they can be encountered. The book also includes data and in-depth insights illustrating production capacity and evolution, offering an up-to-date and accessible tool for understanding the complexity of the sector.

The volume is distributed not only in Milan – through bookshops, newsstands and major design hubs – but also in the capitals most actively engaged in the international design debate: Paris, New York, Copenhagen, London, Dubai, Riyadh, Shanghai and Miami. These are cities where creativity, production, distribution and communication interact to bring design to a global audience, making it increasingly accessible, recognisable and shared.

The Paris event

In collaboration with ITA (Italian Trade Agency Paris) and the Italian Cultural Institute of Paris, INTERNI will present the January–February issue Sport&Design and the book Milano Design Hub&Spoke on Wednesday 14 January at 5.30 pm in the French capital, at 50 rue de Varenne.

Following the welcome addresses by Antonio Calbi, Director of the Italian Cultural Institute of Paris, and Luigi Ferrelli, Director of the Paris Office of the Italian Trade Agency, an exclusive talk will bring together leading voices to discuss the affinities between Sport&Design, practices, behaviours and disciplines. Speakers will include Giovanni Del Vecchio, CEO of the Giorgetti Group; Giulia Molteni, Marketing Director of the Molteni Group; Mathieu Lehanneur, designer and founder of Mathieu Lehanneur; Dominique Perrault, founder of DPA Architecture; and Carlo Ratti, Director of the MIT Senseable City Lab and co-founder of CRA–Carlo Ratti Associati. The discussion will be introduced and moderated by Gilda Bojardi, Editor-in-Chief of INTERNI.

Recent Olympic Games have further strengthened the connection between sport and design, involving leading designers in the creation of stadiums, athlete facilities and even Olympic torches – from the Paris 2024 torch designed by Mathieu Lehanneur to the Milano Cortina 2026 torch by Carlo Ratti. Dominique Perrault will outline the key principles of sports architecture, while Giovanni Del Vecchio and Giulia Molteni will explore competitiveness and discipline as shared values between sport and business in the design world.

The evening will conclude with a reception, offering participants the opportunity to continue discussions and delve deeper into the themes addressed.
Special thanks go to Agence 14 Septembre, Villa Marquis – Meliá Collection, Masciarelli Tenute Agricole and Eataly.

Disclosure on the purchase of treasury shares in the period 7 – 9 january 2026

Arnoldo Mondadori Editore S.p.A. (LEI Code 815600049A1F9AFE6666) announces the purchase on the Euronext Milan regulated market, in the period 7 – 9 January 2026, of 211,140 ordinary shares (equal to 0.0807% of the share capital) at an average unit price of €2.116209339774557 for a total amount of €446,816.44.

These transactions were made under the authorization to purchase treasury shares approved by the Shareholders’ Meeting of 16 April 2025, and as part of the purchase programme to service the Performance Share Plans underway, the start of which was approved by the Board of Directors on 13 November 2025 (as per the disclosure made on the same date also pursuant to Article 144 bis of CONSOB Regulation 11971/99, and to Article 5 of EU Regulation 596/2014).

The following table details the purchases made per day in the above period of Arnoldo Mondadori Editore S.p.A. ordinary shares, ISIN Code IT0001469383, on a daily basis:

Date Quantity Average price (euro) Amount (euro)
07/01/2026                           67,132                     2.10586                   141,370.59
08/01/2026                           70,222                     2.10783                   148,016.04
09/01/2026                           73,786                     2.1336                   157,429.81

The purchases were made through the authorized intermediary Intesa Sanpaolo S.p.A. (LEI Code 2W8N8UU78PMDQKZENC08), independently and with no influence from the Issuer as regards the timing of the purchases.

Following the purchases made so far, Arnoldo Mondadori Editore S.p.A. holds no. 971,837 treasury shares, equal to 0.372% of the share capital.

Purchases in detail in the complete pdf.