Press release

Cerved Group via a subsidiary purchases 50.1% of Quaestio Cerved Credit Management S.p.A.

San Donato Milanese, 30 January 2020 – Cerved Group S.p.A. (MTA: CERV, the “Company”), the largest information provider and credit servicer in Italy, today announces that the direct subsidiary Cerved Credit Management Group S.r.l. ("CCMG") has acquired from Quaestio Holding S.p.A, at a price of Euro 43,250,000, 50.1% of the capital of Quaestio Cerved Credit Management S.p.A. ("QCCM").