Pirelli, Chinese shareholders appeal to the Tar against Golden Power

Pirelli's Chinese shareholders appeal against Golden Power. China National Tire & Rubber Corporation and Marco Polo International Italy, have notified two separate appeals, but with identical content, to the Lazio Regional Administrative Court (TAR) against, among others, the Prime Minister's Office, the Ministry of Enterprise and Made in Italy and other ministries, to request the annulment of the Prime Minister's decree of 10 April 2026 by which, at the conclusion of proceedings 66/2026 and 73/2026 (Golden Power proceedings), conditions and prescriptions were imposed on Marco Polo and CNRC in relation to the shareholding held in Pirelli's share capital.

The Italian company specifies that the appeals "do not affect the regular course of the shareholders' meeting scheduled for next 25 June" that will renew the board of directors. Pirelli reserves the right to intervene "to protect its legal and economic position in the interest of the company itself and all its shareholders and, if necessary, before all the competent jurisdictional authorities".