Unidata

M&A Activity • Feb 28, 2023

PRESS RELEASE

UNIDATA: FINALIZED THE CLOSING TO ACQUIRE 100% OF THE TWT GROUP ONE OF THE PRIMARY PLAYERS IN THE FIELD OF TELCO AND ICT SERVICES WITH A FOCUS ON THE B2B SEGMENT BASED IN MILAN

UNIDATA BECOMES A NATIONAL TLC OPERATOR, THE SECOND COMPANY WITH A COMPLETELY ITALIAN CONTROL

FULLY SUBSCRIBED THE CAPITAL INCREASE TRANCHE RESERVED TO MRS MICHELA COLLI THAT, THROUGH THE WHOLLY-OWNED SUBSIDIARY UPPERHAND SRL, BECOMES UNIDATA'S SECOND SHAREHOLDER WITH A SHAREHOLDING ABOUT 6.2% OF THE SHARE CAPITAL

Roma, 28 February 2023 – Unidata S.p.A. (EGM: UD) ("Unidata" or the "Company"), an operator in telecommunications, cloud and IoT services, listed on the Euronext Growth Milan market of Borsa Italiana, following what communicated on 25 November 2022, announces that on today's date it was completed the assignment in favour of Unidata of the entire share capital of Berenix S.r.l. (jointly Berenix and its subsidiaries, the "TWT Group") important player in the field of telecommunications and connection and communication services based in Milan, by Mrs Michela Colli and Mr Marco Rodolfi.

For the purpose of completing the acquisition of the TWT Group, Unidata signed a loan agreement at market conditions with a pool of lending banks for a total amount of about Euro 40 million.

In the context of the acquisition, Mrs Michela Colli fully subscribed, through the wholly-owned subsidiary Upperhand S.r.l., the tranche of the capital increase for an amount equal to Euro 8 million reserved to her through the resolution of the Board of Directors of Unidata of last 20 February, thus reaching a shareholding about 6.2% of the share capital. In the context of the acquisition of the TWT Group, Upperhand S.r.l. has undertaken lock-up commitments with a duration of 6 months starting from today's date concerning all of the Unidata shares held; similar commitments have been undertaken by Mrs Colli with regard to all the shares of Upperhand S.r.l..

On today's date, the corporate bodies of the TWT Group were renewed. In particular, the new Board of Directors of TWT S.p.A. is composed by Mr Renato Brunetti, Chairman, Mrs Michela Colli and Mr Roberto Giacometti.

For more information about the main terms of the acquisition as well as about the TWT Group, please refer to the press release issued by the Company on 25 November 2022.

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UNIDATA S.p.A. T +39 06 404041 N. REA 956645 00148 Roma unidata.it IT06187081002

Viale A. G. Eiffel 100 F +39 06 40404002 Capitale Soc. €. 2.538.185 i.v. Commercity M26 info@unidata.it Codice Fiscale/Partita Iva

Renato Brunetti, Chairman and CEO of Unidata commented: "We are very satisfied to have reached the final stage of the acquisition of the TWT Group, a strategic operation that will allow us to enrich our offer with complementary services to the infrastructural ones that we already provide and to establish ourselves as a national operator, achieving to be present in new markets, with a particular focus in Lombardy and Northern Italy, thus favoring the acceleration of our path of growth and affirmation among the first 10-12 companies in the sector, the second reality with a completely Italian control".

ADVISORS

Unidata has been assisted by Intermonte S.p.A. as financial advisor, by Chiomenti as legal and tax advisor, by EY S.p.A. for financial due diligence and by Eurokleis S.r.l. for tax and business due diligence. Unidata has also been supported by EnVent Capital Markets Ltd as Euronext Growth Advisor.

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The sellers have been assisted by Equita S.p.A. as financial advisor, by BonelliErede as legal and tax advisor, by Masotti Casella as legal advisor and by PwC for financial vendor due diligence.

Grimaldi Alliance assisted the pool of banks for the legal aspects related to the loan agreement.

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This press release is available from Borsa Italiana, the storage mechanism () and the company's website www.unidata.it under Investors/Press Releases.

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For further information: UNIDATA S.p.A. Euronext Growth Advisor Roberto GIACOMETTI EnVent Capital Markets Ltd CFO ed Investor Relations Officer Londra, Berkeley Square 42, W1J54W +39 329 2478696 +39 06 896841 r.giacometti@unidata.it gdalessio@enventcapitalmarkets.uk

Investor Relations Advisor Media Relations CDR COMMUNICATION CDR COMMUNICATION Silvia DI ROSA Angelo BRUNELLO +39 335 78 64 209 +39 329 21 17 752 silvia.dirosa@cdr-communication.it angelo.brunello@cdr-communication.it

Eleonora NICOLINI Stefania TREVISOL +39 333 97 73 749 +39 347 87 82 490 eleonora.nicolini@cdr-communication.it stefania.trevisol@cdr-communication.it

Specialist BANCA FINNAT EURAMERICA SPA Palazzo Altieri, Piazza del Gesù 4906.699331

Unidata S.p.A. Telecommunications, Cloud and IoT Operator. The Company was founded in 1985 by 3 partners still in the Company. With a fiber optic network of over 5,450 km in continuous expansion, a wireless network and a proprietary data center, provides over 16,000 business, wholesale and residential customers with ultra-wideband connectivity services with FTTH (Fiber to the Home) network architectures, wireless connectivity, VoIP services, cloud services and other dedicated solutions, with a high level of reliability and security. Other activities in the operational start-up phase concern the Internet of Things (IoT), with the development and supply of solutions for the home automation market and Smart City. Unidata S.p.A. ISIN CODE: IT0005338840 (Reuters UD MI - Bloomberg UD IM) is listed on the Euronext Growth Milan Italia Market of the Italian Stock Exchange.

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