MAPS

Major Shareholding Notification • Oct 21, 2024

Informazione Regolamentata n. 20153-52-2024		Data/Ora Inizio Diffusione 21 Ottobre 2024 19:45:02	Euronext Growth Milan
Societa'	:	MAPS
Identificativo Informazione Regolamentata	:	197021
Utenza - Referente	:	MAPSN03 - Ciscato
Tipologia	:	3.1; 2.5
Data/Ora Ricezione	:	21 Ottobre 2024 19:45:02
Data/Ora Inizio Diffusione	:	21 Ottobre 2024 19:45:02
Oggetto	:	MAPS GROUP: CHANGE IN THE SHAREHOLDER STRUCTURE
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MAPS GROUP: CHANGE IN THE SHAREHOLDER STRUCTURE

Notice pursuant to the Transparency Regulation and Article 17 of the EGM Italy Issuers' Regulation

Parma, 21th October 2024

MAPS (MAPS: IM; IT0005364333), an Innovative SME listed on Euronext Growth Milan and active in the digital transformation sector, pursuant to the Transparency Regulation and Article 17 of the EGM Italy Issuers' Regulation, announces that on 18 October 2024, it received notice from the shareholder Eiffel Investment Group of the reduction of its shareholding below the 10% significant threshold. Therefore, as of today, the shareholder Eiffel Investment Group holds 1.215.631 ordinary shares, equal to 9.15% of the Share Capital.

The new shareholding structure of MAPS as of today is as follows:

Shareholder	No. Shares	% of Share Capital
Marco Ciscato*	1.954.341	14,71%
Maurizio Pontremoli*	1.647.201	12,40%
Domenico Miglietta*	1.183.001	8,91%
Paolo Ciscato*	790.966	5,96%
Gian Luca Cattani*	740.913	5,58%
Giorgio Ciscato*	189.000	1,42%
Fabrizio Biotti*	101.610	0,77%
Andrea Gherardi*	27.350	0,21%
Cristiano Colaluca*	36.330	0,27%
Luigi Ambrosini*	40.459	0,30%
Maurizio Bonatti*	40.459	0,30%
Maps S.p.A.	171.700	1,29%
Eiffel Investment Group	1.215.631	9,15%
Mercato	5.143.230	38,72%
Total	13.282.191	100%

(*) Shareholder participating in the Shareholders' Agreement

MAPS GROUP

Maps S.p.A., founded in 2002 and listed on the EGM segment of Borsa Italiana since 2019, is an Innovative SME at the head of Maps Group, with over 300 employees, headquartered in Parma, and 12 offices across Italy. The company operates in the context of Digital Transformation, focusing on the Healthcare, Energy, and ESG sectors. Through its products, it enables clients to extract value from data to make better decisions and innovate their Business and Operative Models.

Thanks to the "Maps Healthcare" Business Unit, it oversees the innovative trends of Patient Experience and Telehealth, as wel l as providing Diagnostic and Hospital Information Systems to public and private entities. With the "Maps Energy" Business Unit, it offers solutions for monitoring, optimizing, and controlling complex energy systems and Energy Communities. Finally, through the "Maps ESG" Business Unit, it makes solutions capable of measuring the achievement of corporate and personal goals, managing risks, and sharing non-financial performance. Additionally, with "MapsLab" Business Unit, it operates in an Open Innovation context, outside the strategic markets of the Group (Healthcare, Energy, ESG), to meet specific needs through tailor-made products or solutions for Best in Class clients in their respective markets. The Group is also strongly committed to Research and Development. The "Research & Solutions" division is responsible for identifying market needs and evolving the products.

Maps Group ended 2023 with consolidated revenues of 27.5 million euros (+11% compared to 2022), an EBITDA of 5.0 million

euros (18% EBITDA Margin), and a Net Financial Position of 12.5 million euros (13.8 million euros in 2022).

Confirming the transformation of its business model, over the last five years Maps Group has almost quintupled its revenues from products (22.3 million in 2023, representing 83% of consolidated revenues) and more than quadrupled its recurring revenues (11.3 million in 2023, accounting for 41% of consolidated revenues), consolidating scalability and diversification, at the expense of a decrease in tailor-made projects that previously characterized the revenue structure.

The organic growth has always been complemented by significant M&A activity. Over the years, several companies have been acquired: IG Consulting S.r.l. (2011), Artexe S.p.a. (2018), Roialty S.r.l. (2019), SCS Computers S.r.l. (2020), IASI S.r.l. (2021), I-Tel S.r.l. (2022), and Energenius S.r.l. (2022).

This press release is available at and www.mapsgroup.it.

CONTACTS

MAPS GROUP

Marco Ciscato – Investor Relations Manager Matteo Gasparri – Investor Relations Specialist

T: (+39) 0521 052300 ir@mapsgroup.it

EURONEXT GROWTH ADVISOR

BPER Banca T: (+39) 0272 74 92 29 maps@bper.it