MAPS

Share Issue/Capital Change • May 29, 2024

Informazione Regolamentata n. 20153-24-2024		Data/Ora Inizio Diffusione 29 Maggio 2024 08:51:32	Euronext Growth Milan
Societa'	:	MAPS
Identificativo Informazione Regolamentata	:	191442
Utenza - Referente	:	MAPSN02 - Ciscato
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	29 Maggio 2024 08:51:32
Data/Ora Inizio Diffusione	:	29 Maggio 2024 08:51:32
Oggetto	:	MAPS GROUP: OPENING OF THE TENTH AND FINAL EXERCISE PERIOD FOR "MAPS S.P.A. WARRANTS 2019-2024"
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MAPS GROUP: OPENING OF THE TENTH AND FINAL EXERCISE PERIOD FOR "MAPS S.P.A. WARRANTS 2019-2024"

The exercise period will last from June 3 to June 28, 2024

Parma, 29 May 2024

MAPS (MAPS:IM; IT0005364333), an innovative SME listed on Euronext Growth Milan and active in the digital transformation sector, announces that the holders of "MAPS S.P.A. WARRANTS 2019-2024", ISIN code IT0005364325, may request their exercise from June 3, 2024, to June 28, 2024, inclusive (the "Tenth Exercise Period").

Warrant holders shall be entitled to subscribe the Conversion Shares, at a ratio of 1 Conversion Share for every Warrant held, at a price per Conversion Share ("Strike Price") of Euro 2.00.

Subscription requests can be made on any any bank working day during the Tenth Exercise Period and must be submitted to the intermediary affiliated with Monte Titoli S.p.A. where the Warrants are deposited.

It is understood that if Warrant holders do not request to subscribe to the Convertion Shares by the end of the Tenth Exercise Period, they will lose the related right.

The issuance and availability for trading, through Monte Titoli S.p.A., of the Convertion Shares subscribed by Warrant holders during the Tenth Exercise Period, will take place on the first settlement day following the end of the last day of the Tenth Exercise Period.

The Convertion Shares will have the same rights as the MAPS Ordinary Shares traded on Euronext Growth Milan as of the issuance date of the Convertion Shares.

For more information, please refer to the "Regulation of MAPS S.P.A. WARRANTS 2019-2024" available on the company's website www.mapsgroup.it.

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.

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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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