• Landi Renzo board set a corporate reorganization combining a merger of wholly owned Metatron into the parent with a partial spin-off.
• Green Transportation unit to be carved out into a newly formed, wholly owned Srl, with no share exchange or parent capital reduction.
• Plan ties to the April 29, 2026 industrial integration with Westport Fuel Systems Italia, launched alongside the group’s crisis-negotiation process.
• Sequence: Metatron merger effective immediately before the spin-off; parent then contributes NewCo to WFS Italia; NewCo to be merged into WFS Italia.
• Closing gated by creditor-bank agreements, labor consultation, antitrust clearance, golden power approval; accounting and tax effects of the merger from Jan. 1, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landi Renzo S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0915-13-2026_TELEBORSA.pdf), on May 28, 2026, and is solely responsible for the information contained therein.