Sicily By Car and Industrial Stars of Italy Announce the Candidacy of Valeriano Salciccia as Independent Director

Industrial Stars of Italy 4, special purpose acquisition company Listed in Euronext Growth Milan, E Sicily by carA leading company in the field of car rental Rest Short Term, founded in 1963 by Tommaso Dragotto, declares that Dr. Valeriano Salciccia has been identified as a candidate for the position of Independent Director of Sicily by CAR.

The application will, without prejudice to regulatory requirements, be presented at the Sicilian By Car shareholders meeting to be convened on 20 June 2023. The effectiveness of the appointment will be subject to the Sicilian stock exchange listing by CAR. Please note that it is expected that business combinations to be completed by July 2023 and that the effective date business combinations The CAR will coincide with the start of trading of Sicily by warrants on ordinary shares and Euronext Growth Milan.

Dr. Valeriano Salciccia is the Chief Executive Officer of Salsafe Group S.p.A., a multinational company active for more than 70 years in the maintenance, refurbishment, construction and electrification of railway and urban transport infrastructure. Salcef Group is listed on the STAR segment of the Euronext Milan market of Borsa Italiana with a capitalization of approximately €1.4 billion, employs over 1,900 highly specialized resources and has recorded consolidated revenues of €565 million in 2022.

Board of Directors of Sicily by Car Post business combinations

It will consist of a total of 5 members, including an independent director and Eng. Giovanni Cavallini as Non-Executive Director representing the Promoters.