PRESS RELEASE

EXERCISE ANNOUNCEMENT OF "WARRANT TRAWELL

CO 2021-2024"

Gallarate, 2nd October 2023 - TraWell Co S.p.A. (Borsa Italiana, Ticker: TWL, OTCQX New York, Ticker TRWAF), a global reference company in protection services, luggage storage, products, and additional services for travelers ("TraWell" or the "Company"), announces that during the month of September 2023, 1,000 "Warrant Trawell Co 2021-2024" (ISIN IT0005446726) were exercised, and consequently, 1,000 ordinary shares of Trawell ISIN IT0005378325 (the "Compendium Shares") were subscribed at a price of Euro 8.00 for each Compendium Share subscribed, for a total value of Euro 8,000.00. The Compendium Shares, listed on the Euronext Growth Milan market, have no nominal value, are fully entitled, and have the same characteristics as the ordinary shares of Trawell Co S.p.A. in circulation as of the issue date. Consequently, 3,683,569 Trawell Warrants remain in circulation and can be exercised continuously until 16th December 2024, as per the "Warrant Trawell Co 2021-2024" regulation ("Warrant Regulation"). Following the above, the new share capital of Trawell Co S.p.A. will amount to Euro 16,252,382.26, consisting of 2,516,181 ordinary shares with no nominal value. The certification of the capital increase will be deposited with the relevant registry on Monday, 2nd October 2023. For further information, please refer to the Warrant Regulation available in the Investor section of the website www.trawellco.com

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About TraWell Co

TraWell Co is the global leader in protection services, luggage storage, products, and ancillary services (including the Lost Luggage Concierge service for lost luggage provided by Sostravel.com). Listed on Euronext Growth Milan (ticker: BIT:TWL) and OTCQX New York (ticker: TRWAF), the company operates 133 stores in 38 airports across 13 countries, with over 200 employees and 4 million customers served worldwide. TraWell Co. offers a unique exposure to a portfolio of commercial activities and services for travelers. With 25 years of experience, TraWell benefits from the growth in the air travel sector and expenditure on wellness and safety services.

For more information

TraWell Co. S.p.A.

EGA Investor Relations

Investor Relations

Baldi Finance S.p.A

Rudolph Gentile

Luca Carra

investor.relations@trawellco.com

lcarra@baldiandpartners.it

www.trawellco.com

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TraWell Co. S.p.A. published this content on 02 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2023 06:44:15 UTC.