Press release

The subsidiary Cerved Group S.p.A. has acquired a 55% stake in Major 1 S.r.l.

Milan, 25 July 2016 – Cerved Information Solutions S.p.A. (“CIS”; MTA: CERV), parent holding company of the Cerved group, the leading player in Italy in credit information and credit management, has today completed – via its subsidiary Cerved Group S.p.A. – the acquisition of a 55% stake in Major 1 S.r.l..

Major 1 has been operating in Italy for the last 25 years in the development and sale of software for the management and monitoring of credit exposures, the last 12 years alongside Cerved which represents its largest client. In 2015 Major 1 reported revenues of Euro 1.7 million and an EBITDA of Euro 0.5 million.