Sostravel: Share capital increase following excercise of warrants

PRESS RELEASE

Share capital increase following excercise of warrants.

Gallarate, June 1 2023 Sostravel.com S.p.A. (Euronext Growth Milan, ticker: SOS e OTCQB New York, ticker SOSAF), a digital travel operating the sostraveland flioapps, and www.sostravel.com& www.amareitalia.complatforms. A digital tour operator and travel-tech company, it develops proprietary digital travel solutions, such as the Lost Luggage Concierge for luggage protection and recovery, and Dr. Travel, a telehealth service designed for travelers, ("SosTravel" or the "Company"), communicates the new composition of the share capital following the filing with the Varese Company Register of the certification of the capital increase pursuant to art. 2444, paragraph 1, of the Italian Civil Code civ., carried out on 1 June 2023, following the exercise of the Sostravel Warrants 2021-2024 - ISIN IT0005446718 - (hereinafter also the "Sostravel Warrant") until 31 May 2023.

The change in the share capital occurred following the issue of no. 240 Sostravel ordinary shares (ISIN IT0005338675), with no par value, resulting from the exercise of no. 240 Sostravel Warrants occurred during the month of May. The T1 model envisaged by the Euronext Growth Milan procedures for capital transactions is shown below:

	Capitale sociale attuale	Capitale sociale precedente		variazione
	Euro	n. Azioni	Valore	Euro	n. Azioni	Valore	Euro	n. Azioni	Valore
	nominale	nominale	nominale
Totale di	1.308.877,00	13.088.770	s.v.n.	1.308.853,00	13.088.530	s.v.n.	24,00	240	s.v.n.
cui:
Azioni
ordinarie
(godiment
o regolare:	1.308.877,00	13.088.770	s.v.n.	1.308.853,00	13.088.530	s.v.n.	24,00	240	s.v.n.
1/1/22)
numero
cedola in
corso: 2

	N. titoli esercitati	N. titoli residui in circolazione
Warrant Sostravel 2021-2024	240	21.806.648

Once the updated Articles of Association have been registered, the Company will make

them available on the website https://www.sostravel.com/en/investor-relators, Information for Shareholders section.

The effect of the aforementioned changes in the share capital of Sostravel on the company's shareholding will be reported on the Company's website in the Shareholding section.

For more information:
SosTravel.com S.p.A.	Euronext Growth Advisor
Investor Relations	Banca Finnat S.p.A.
Rudolph Gentile	Alberto Verna
[e-mail]	[e-mail]
www.sostravel.com	Palazzo Altieri Piazza del Gesù, 49
Tel: [phone]	00186 Roma, Italia
Fax: [phone]	Tel:[phone]
	Fax:[phone]