MAPS

Share Issue/Capital Change • Jun 28, 2024

Informazione Regolamentata n. 20153-28-2024		Data/Ora Inizio Diffusione 28 Giugno 2024 19:26:28	Euronext Growth Milan
Societa'	:	MAPS
Identificativo Informazione Regolamentata	:	192837
Utenza - Referente	:	MAPSN02 - Ciscato
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	28 Giugno 2024 19:26:28
Data/Ora Inizio Diffusione	:	28 Giugno 2024 19:26:28
Oggetto	:	MAPS GROUP: RESULTS OF THE TENTH AND FINAL EXERCISE PERIOD "WARRANT MAPS S.P.A. 2019-2024"
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MAPS GROUP: RESULTS OF THE TENTH AND FINAL EXERCISE PERIOD "WARRANT MAPS S.P.A. 2019-2024"

Converted 896,642 warrants for a total value of Euro 1,793,284.00

Parma, 28 June 2024

MAPS (MAPS:IM; IT0005364333), an Innovative SME listed on Euronext Growth Milan active in the digital transformation sector, announces that today marks the conclusion of the tenth and final exercise period of the "Warrant MAPS S.P.A. 2019-2024" ("Warrant"), ISIN code IT0005364325, which was included from June 1, 2024, to June 28, 2024.

During this period, 896,642 Warrants were exercised and consequently 896,642 newly issued MAPS ordinary shares, with no indication of nominal value, having regular rights and the same characteristics as the MAPS ordinary shares in circulation on the issuance date (the "Settlement Shares"), were subscribed at a price of Euro 2.00 per share (at the ratio of 1 ordinary share every 1 Warrant exercised), for a total value of Euro 1,793,284.00.

According to the "Warrant MAPS S.P.A. 2019-2024" Regulations, the issuance and availability, through Monte Titoli S.p.A., of the Settlement Shares subscribed by Warrant holders during the exercise period will take place on the settlement day following the end of the last day of the exercise period.

Considering the above, 70,288 warrants were not converted. It is noted that, according to the "Warrant MAPS S.P.A. 2019-2024" Regulations, warrants that were not exercised during the tenth and final exercise window are considered expired and void in all respects.

For more information, please refer to the "Warrant MAPS S.P.A. 2019-2024 Regulations" available on the website www.mapsgroup.it, section Investors / Other information / Warrant.

The Company will publish the notice of change in share capital following the filing of the execution of the capital increase with the Parma Companies Register in accordance with legal terms.

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Please note that this release is available in English for informational purposes only. Should there be any discrepancies or inconsistencies between this version and the Italian one, the Italian version shall prevail and be regarded as the official and legally binding document.

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 well 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

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Fine Comunicato n.20153-28-2024	Numero di Pagine: 4
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