the resolution of the board of directors of the Company held on March 21, 2024 (the “Board Resolution”), in partial exercise of the delegation, pursuant to Article 2443, of the Italian Civil Code, of authority to increase the Company’s share capital, with exclusion of the existing shareholders’ pre-emptive right pursuant to Article 2441, Paragraph 4, second sentence, of the Italian Civil Code, resolved upon by the extraordinary shareholders’ meeting of the Company held on October 4, 2023 (the “Shareholders Resolution”);

the underwriting agreement dated March 21, 2024 (the “Underwriting Agreement”), by and among the Company, the Selling Shareholder and the underwriters named in Schedule I therein;

the registration statement on Form F-3 (File No. 333-278107) (the “Registration Statement”) filed with the U.S. Security and Exchange Commission (the “SEC”) on March 20, 2024, under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder, pursuant to which the Offered Shares are registered;

the prospectus, which forms a part of and is included in the Registration Statement dated March 20, 2024 (the “Base Prospectus”); and

the prospectus supplement, dated March 21, 2024 (together with the Base Prospectus, the “Prospectus”).

the Board Resolution;

the Shareholders Resolution;

the Underwriting Agreement;

the Registration Statement;

the Prospectus;

the by-laws (“statuto”) of the Company currently in force;

the certificate of registration of the Company filed with the Chamber of Commerce of Padua dated March 26, 2024.

the genuineness of all signatures, stamps and seals, the legal capacity of natural persons, the authenticity, the exhaustiveness and completeness of all documents submitted to us as originals, the exhaustiveness, completeness and conformity to the original documents of all specimen and/or all documents submitted to us as certified or photocopies or transmitted to us by fax or e-mail, and the authenticity of the originals of such latter documents;

that where a document has been examined by us in draft or specimen form, it will be or has been executed in the form of that draft or specimen;

the truthfulness, accuracy, completeness and reliability of any statements, of any directors, officers, employees and/or representatives of the Company, certifying or disclosing or otherwise dealing with any matter or fact which is material to the opinions expressed herein;

that there are no facts, documents, circumstances or matters which may be material to the opinions set out herein and which have not been disclosed to us;

that the copies of the organizational documents (i.e., “atto costitutivo” and “statuto”) of the Company and other documents provided to us, that we have examined for the purposes of this opinion, (i) are true and complete as of the date of this opinion and (ii) are in full force and effect as of the date of this opinion; and

that no law (including, without limitation, any public policy) of any jurisdiction outside the Republic of Italy is relevant to or affects the opinions herein or the conclusions stated in this opinion.

the opinions expressed herein are based on our best interpretation and analysis of the relevant legal or contractual provision and of the rules of interpretation applicable to contracts and legal matters normally applicable in the Republic of Italy;

Italian courts may refuse to apply the law of another jurisdiction if it is deemed to be contrary to public policy (ordine pubblico) or if submission to a foreign law is deemed to have been made with the purpose of avoiding provisions of Italian law of mandatory application (norme imperative);

by issuing this opinion we do not assume any obligations to notify or inform you of any facts or circumstances, or changes in applicable law, occurring, or if which we learn, subsequent to its date that may render its content untrue or inaccurate in whole or in part.