TISG Announces Simona Del Re's Resignation as Chairwoman

Although she is stepping down from the Board, she will continue to serve as Investor Relations & ESG Director until January 15, 2025, at which point she will conclude her tenure at TISG.

The Italian Sea Group (TISG), known for its luxury yacht brands including Admiral, Tecnomar, and Perini Navi among others, has announced the resignation of Ms. Simona Del Re from her role as Chairman of the Board of Directors. Her decision, attributed to personal reasons, will take effect on November 12, 2024.

Ms. Del Re, who served as a non-executive and non-independent director, was not part of any board committee and does not currently own any TISG ordinary shares. Despite stepping down from the Board, she will retain her position as Investor Relations & ESG Director until January 15, 2025, after which she will conclude her tenure at TISG.

The Italian Sea Group's CEO, Mr. Giovanni Costantino, along with the Board of Directors, expressed their gratitude to Ms. Del Re for her valuable contributions to the company.

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