Société Azimut Holding S.p.A.

AZ Quest Investimentos Ltda. (AZ Quest) is the Brazilian asset management subsidiary of AZ Brasil Holdings Ltda., ultimately held by Azimut Holding SpA (BIT: AZM, ADR: AZIHY) in Italy. The firm was founded by Luiz Carlos Mendonça de Barros in 2001. Headquartered in Sao Paulo, AZ Quest offers investors a diversified platform of high quality products in Equities, Macro, Private Credit and Arbitrage strategies.

CGM Italia SGR SpA provides asset management services. It engages in financial consulting and analysis, risk management, and client portfolio reporting. The company was founded in 2006 and is headquartered in Milan, Italy.

CGM – Azimut Monaco SA is a wealth management firm headquartered in Monaco, Monaco. It was founded in 2000 by three individual shareholders (Sergio Bindi, Alessandro Cavalli, and Andrea Salerno) and the institutional shareholder BSI Bank. The firm is a subsidiary of AZ International Holdings SA, which is owned by Azimut Holding SpA (BIT: AZM; OTCMKTS: AZIHF) in Italy. CGM – Azimut Monaco offers tailor-made financial services at a global level, targeted at high net worth individuals (HNWI).

AZ Investment Management Singapore Ltd. (AZIM) is the Singapore-based investment management subsidiary of AZ International Holdings SA, ultimately held by Azimut Holding SpA (BIT: AZM, ADR: AZIHY), an asset management company headquartered in Italy. The firm was founded by Madeleine Lee in 1999 and formerly known as Athenaeum Ltd. AZIM manages discretionary funds and portfolios with a focus on Asian equities for endowments, family offices, foundations and high-net-worth individuals.

Part of Azimut Holding SpA, Azimut Life DAC is an Irish company that helps individuals invest their money. The private company is based in Dublin, Ireland. Azimut Life DAC is a subsidiary of Azimut Holding SpA, and has been providing investment guidance for over 25 years.

Más Fondos SA de CV (Más Fondos) is the Mexican fund management subsidiary of Azimut Holding SpA (MIL: AZM; OTCMKTS: AZIHF) in Italy. The firm was founded by Álvaro Mancera Corcuera in 2002. Headquartered in Mexico City, Más Fondos is dedicated exclusively to the analysis, management and distribution of funds.

Azimut Portföy Yönetimi AS (Azimut Portföy) is an investment management firm headquartered in Istanbul, Turkey. The firm is a subsidiary of AZ International Holdings SA, which is owned by Azimut Holding SpA (MI: AZM; OTCMKTS: AZIHF) in Italy. Azimut Portföy offers a wide range of investment strategies that consists of mutual funds regulated by the Capital Market Board. They also serve as a product center for international investors that seeks exposure to Turkish and MENA capital markets.

Part of Azimut Holding SpA, AZ Swiss & Partners SA is a financial investment company founded in 2012. The private company is based in Lugano, Switzerland. AZ Swiss & Partners works to guide investors towards the right investment path and offers an investor kit to help with the process.

Azimut Enterprises Holding SRL engages in the management of its investments in other firms. The company is headquartered in Milan, Italy.

Azimut (DIFC) Ltd. (Azimut DIFC) is an investment management firm headquartered in Dubai, UAE. The firm was founded in 2013 and is owned by Azimut Holding SpA (BIT: AZM) in Italy. Azimut DIFC acts as an investment manager of Al Mal MENA Equity.

Azimut Corporate Cash, invests in small and medium enterprises located in Italy. The fund provides debt financing for corporate bonds, investing between EUR 0.25 million to EUR 1 million.

Finance for Food One, invests in small and medium enterprises located in Italy. The fund invests in the consumer non durables, commercial services , technology services sector and utilities with particular focus on food, distribution, alternative power generation and and IT services. It provides equity financing for buyouts and seeks to acquires a controlling stake in the portfolio company. It also takes majority and minority investments.

Part of Azimut Holding SpA, Elpis 1 is a private equity fund. The private company is located in Italy.

Part of Azimut Holding SpA, Elpis 1 - Institutional is a private equity fund. The private company is located in Italy.

Azimut Capital Management SGR SpA is the wholly-owned asset management subsidiary of Azimut Holding SpA (BIT: AZM, ADR: AZIHY) in Italy. Headquartered in Milan, the firm was founded in 2004 and manages Italian mutual funds, Italian hedge funds, and investment portfolios on behalf of third parties.