Unidata

Related Party Transaction • May 14, 2021

PRESS RELEASE

A TRANSACTIVE AGREEMENT SIGNED BETWEEN UNIDATA AND SHAREHOLDER ROBERTO VENERUCCI

Rome, 14 May 2021 - Unidata S.p.A., (the "Company" or "Unidata") a Telecommunications, Cloud and IoT operator, listed on the AIM Italia market of Borsa Italiana, announces that today a settlement agreement (the "Private Writing") was signed, which provides for the resolution, in an amicable manner, of the existing relationships with the director Roberto Venerucci and Alev S.r.l., a company wholly owned by the latter. As of today, Roberto Venerucci directly holds 60,000 ordinary shares of Unidata S.p.A., corresponding to 2.45% of the Issuer's share capital.

Pursuant to the Private Writing, the parties have agreed to the consensual termination of all existing relationships and, in particular:

(i) Roberto Venerucci's resignation from his position as Director of the Company's Board of Directors and the transfer of the powers relating to Unidata's "Sales Department" granted to him;

(ii) the consensual termination of the existing agency relationships;

(iii) the assumption by Roberto Venerucci of certain non-competition commitments vis-à-vis the Company;

(iv) Roberto Venerucci's undertaking to provide Unidata with assistance and support for the proper execution of certain contracts entered into by the Company for a maximum period of 36 months; (v) certain other transactions and waivers.

In execution of the Private Deed, Roberto Venerucci tendered his resignation from his position as Director of Unidata and the transfer of his proxies with effect from today's date.

In light of the foregoing, in consideration of (i) the office held by Roberto Venerucci and the related proxies he held and (ii) the equity investment he holds in Unidata, as well as the total amount paid by Unidata pursuant to the Private Deed (equal to € 360,000.00), the signing of the Private Deed is considered by Unidata as a related party transaction of lesser importance pursuant to the "Procedure for regulating related party transactions" approved by the Board of Directors of the Company on 27 February 2020.

Therefore, in this regard, today, the Related Parties Committee of the Company unanimously rendered its opinion in favor of the signing between the Parties of the Private Letter, as well as on the convenience and substantial correctness of the related conditions.

The Board of Directors thanks Roberto Venerucci for his commitment to the Company over the years, as well as for the competence, professionalism and dedication shown.

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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 Auditor 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.