Notification of share capital changes

Milan, 16 September, 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, 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) and following the attribution of 9,880 shares (with a 12-month lock-up period) on 15 July, 2019 (for more information please see the press release published on 16 July, 2019), hereby notifies the new share capital composition (subscribed and paid-up). The declaration of the completed share capital increase was submitted to the Company Register of Milan on 9 September, 2019.