Notification of share capital changes

Milan, 2 July, 2019 – MailUp S.p.A. – MAIL (the “Company” or “MailUp”), a company admitted to trading on the multilateral trading facility AIM Italia / Alternative Investment Market and operating in the marketing technology field, hereby notifies that as of today – following the share capital increase for the purposes of the stock option plan known as “Piano 2016” (the “Plan”), as resolved by the Company's Board of Directors on 29 March 2016 (for more information please see the press release published on the same date) – 30,000 shares that will have a lock-up period equal to 12 months have been effectively assigned following the exercise of the respective stock options by the Plan’s beneficiaries.