TraWell Co: New Criteria for Independent Director.

PRESS RELEASE

TRAWELL CO S.P.A. BOARD OF DIRECTORS (i) APPROVES THE CRITERIA FOR ASSESSING DIRECTORS' INDEPENDENCE (ii) CONFIRMS THE INDEPENDENCE REQUIREMENTS OF INDEPENDENT DIRECTOR DR. PAOLO NATALINI AS PER ARTICLE 148, PARAGRAPH 3, OF THE TUF

Gallarate, June 13, 2024 - The Board of Directors of TraWell Co S.p.A. (Borsa Italiana, Ticker: TWL, OTCQX New York, Ticker: TRWAF), a global leader in luggage protection, storage services, and ancillary products and services for travelers, convened today and, in response to regulatory changes to the Euronext Growth Milan Issuers' Regulations introduced by Borsa Italiana S.p.A. with Notice No. 43747 published on November 17, 2023, has: (i) decided to revoke the "Procedure for Obtaining the Prior Opinion of the Euronext Growth Advisor (EGA) Regarding the Proposal for the Appointment of Independent Directors of TraWell Co S.p.A." adopted on April 3, 2023; (ii) established the quantitative and qualitative criteria for assessing the significance of relationships potentially affecting the independence of its directors. These criteria are detailed in the "Procedure for the Evaluation of the Independent Director pursuant to Article 6-bis of the Euronext Growth Milan Issuers' Regulations," approved today by the Board of Directors and provided below in this press release.

During the same meeting, the Board of Directors, following Article 6-bis of the Euronext Growth Milan Issuers' Regulations and the "Procedure for the Evaluation of the Independent Director according to Article 6-bis of the Euronext Growth Milan Issuers' Regulations," evaluated the independence requirements prescribed by Article 148, Paragraph 3, of the TUF for the independent director Dr. Paolo Natalini. Following this evaluation, conducted using the abovementioned criteria, the Board of Directors confirmed that the independence requirements prescribed by Article 148, Paragraph 3, of the TUF are met by the company's independent director, Dr. Paolo Natalini.

This press release, along with the "Procedure for the Evaluation of the Independent Director under Article 6-bis of the Euronext Growth Milan Issuers' Regulations," is published and available on

the company's website www.trawellco.com, in the dedicated section https://www.trawellco.com/it/investors/

About TraWell Co.

TraWell Co is the global leader in luggage protection and storage services, as well as ancillary products and 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 129 stores in 44 airports across 13 countries, with over 200 employees and 4 million customers served worldwide. TraWell Co. offers unique exposure to a portfolio of commercial activities and services for travelers. With 25 years of experience, TraWell benefits from the growth in air travel and the increasing demand for wellness and security services.

For more information
TraWell Co. S.p.A.	EGA
Investor Relations	Baldi Finance S.p.A.
Rudolph Gentile	Luca Carra
[e-mail]	[e-mail]
www.trawellco.com