ERSEL ASSET MANAGEMENT SOCIETA' DI GESTIONE DEL RISPARMIO S.P.A. O IN FORMA ABBREVIATA ERSEL ASSET MANAGEMENT S.G.R. S.P.A. O IN BREVE ERSEL A.M. S.G.R. S.P.A.

A CNXT 1-of-1 edition of ERSEL ASSET MANAGEMENT SOCIETA' DI GESTIONE DEL RISPARMIO S.P.A. O IN FORMA ABBREVIATA ERSEL ASSET MANAGEMENT S.G.R. S.P.A. O IN BREVE ERSEL A.M. S.G.R. S.P.A., a real GLEIF Legal Entity Identifier (LEI) Golden Copy record (LEI 815600139A1BDADE0A62). Identity is verbatim from the source registry; the web+usd:// address doubles as the edition's settlement rail — reserved until minted.