Unidata

Regulatory Filings • Jul 13, 2021

PRESS RELEASE

POTENTIAL JOINT VENTURE OPERATION WITH AZIMUT LIBERA IMPRESA SGR S.P.A.

Rome, 13 July 2021 - Unidata S.p.A., operator of Telecommunications, Cloud and IoT services, listed on the AIM Italia market of Borsa Italiana (the "Company") announces that it has signed a non-binding letter of intent with Fondo Infrastrutture per la Crescita - ESG, managed by Azimut Libera Impresa SGR S.p.A. (the "Investor"), an instrument dedicated to infrastructure investments in Italy with a strong imprint of environmental, social and governance sustainability, in order to define some preliminary and indicative terms and conditions under which the parties would be willing to put in place, subject, among other things, to the necessary and appropriate verifications and the signing of a binding agreement (the "Agreement"), a potential joint venture operation, in order to create, among other things, a green data center to support Cloud Providers, OTT and operators in the sector, which would include:

(i) Maximum possible use of renewable energy sources (through the advanced use of photovoltaics and geothermal);

(ii) minimum possible environmental impact.

In particular, the potential transaction would provide for the establishment of a NewCo, majority owned by the Investor and minority owned by Unidata, which will manage its operations, for the purchase of infrastructure works in order to create a green data center (technical infrastructure, services and sales according to the different methods typical of the sector) with national and international customer base.

The precise amount of the Company's investment and the overall amount of the transaction will be defined in the Agreement.

The non-binding agreement also provides for the possibility of creating - in the context of the potential operation and in support of the green data center - a new submarine fiber backbone in the Mediterranean with a junction point in Rome/Fiumicino.

The non-binding letter of intent provides for exclusivity between the Parties through the third quarter of 2021.

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This press release is available at Borsa Italiana, on the storage mechanism () and on the company's website www.unidata.it in the Investors/Press releases section.

For further information:

Unidata S.p.A. Nomad Roberto GIACOMETTI EnVent Capital Markets Ltd 329 2478696 +39 06 896841

CFO ed Investor Relator Officer Londra, Berkeley Square 42, W1J54W +39 +39 r.giacometti@unidata.it gdalessio@enventcapitalmarkets.uk

Investor Relations Advisor Media Relations

POLYTEMS HIR POLYTEMS HIR Bianca FERSINI MASTELLONI Paolo SANTAGOSTINO Silvia MARONGIU +39 349 3856585 s.marongiu@polytemshir.it

Specialist

BANCA FINNAT EURAMERICA SPA Palazzo Altieri, Piazza del Gesù 4906.699331

06.69923324-06.6797849 p.santagostino@polytemshir.it

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 3,350 km in continuous expansion, a wireless network and a proprietary data center, provides over 10,400 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 AIM Italia Market of the Italian Stock Exchange.