MAPS

Share Issue/Capital Change • Nov 1, 2023

Informazione Regolamentata n. 20153-76-2023		Data/Ora Inizio Diffusione 01 Novembre 2023 07:55:03	Euronext Growth Milan
Societa'	:	MAPS
Identificativo Informazione Regolamentata	:	182802
Nome utilizzatore	:	MAPSN03 - Ciscato
Tipologia	:	3.1
Data/Ora Ricezione	:	01 Novembre 2023 03:16:47
Data/Ora Inizio Diffusione	:	01 Novembre 2023 07:55:03
Oggetto	:	"MAPS S.P.A. WARRANTS 2019-2024": RESULTS OF THE NINTH EXERCISE PERIOD
Testo del comunicato

Vedi allegato.

"MAPS S.P.A. WARRANTS 2019-2024": RESULTS OF THE NINTH EXERCISE PERIOD

Parma, 1 st November 2023

MAPS (MAPS:IM; IT0005364333), an Innovative SME listed on Euronext Growth Milan and operating in the digital transformation sector, hereby reports the close of the ninth exercise period of the "MAPS S.p.A. Warrants 2019-2024" (the "Warrants"), ISIN code IT0005364325, running between 01 October 2023 and 31 October 2023, both inclusive.

During this period, 43.500 Warrants were exercised and consequently subscribed at the price of Euro 2.00 per share (at a ratio of 1 ordinary share for every 1 Warrant exercised), 43.500 newly issued MAPS ordinary shares, with no par value, regular dividend rights and the same characteristics as the MAPS ordinary shares in circulation at the issue date (the "Conversion Shares"), for a total value of Euro 87.000.

Pursuant to the Regulation of the "MAPS S.P.A. Warrants 2019-2024", the issue and the provision, through Monte Titoli S.p.A., of the Conversion Shares subscribed by the Warrant holders during the Exercise Period will take place on the settlement day following the end of the last day of said exercise period.

As a result of the above, at the current date there are 966.930 Warrants in issue.

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

The Company will publish the notice of change in share capital after the capital increase has been filed with the Parma Companies Register within the terms of the law.

MAPS GROUP

Maps, a company founded in 2002, is an Innovative SME, at the head of a group of companies, Maps Group, with headquarters in Parma and over 300 employees. It operates in the Digital Transformation sector, with a specific focus on the Healthcare, Energy and ESG sectors. Since 2019, it is listed on the Italian Stock Exchange segment, Euronext Growth Milan, formerly AIM Italia. Through its solutions, Maps Group enables customers to extract value from data in order to make better decisions and innovate their business models.

With the Maps Healthcare Business Unit, the Group covers the innovative trends of Patient Experience and Telehealth, as well as providing Diagnostic and Hospital Information Systems to public and private customers. The Maps Energy business unit supports the changes taking place for the energy transition, first and foremost those of flexibility and energy communities, as well as energy efficiency. In the field of sustainability, the Maps ESG Business Unit commercialises solutions that measure the achievement of corporate and employee goals, manage risks and report on non-financial performance. Lastly, through the Maps Lab Business Unit, the Group operates in an Open Innovation context, responding to large companies' specific needs through tailor-made products or solutions. The Group is also strongly committed to Research and Development activities. The Research & Solutions division is responsible for identifying market needs and evolving Maps' products.

The Group closes 2022 with consolidated revenue of Euro 24.7 million (+15% compared to 2021) - with revenue growth from Maps Healthcare (+26%) and a significant contribution from the newly founded Maps Energy - and EBITDA of Euro 5.9 million (EBITDA Margin 23.8%).

Over the past four years, Maps Group has quadrupled its revenues from products (EUR 20.2m in 2021, or 84% of consolidated revenues) and more than tripled its revenues from recurring fees (EUR 9.4m in 2022, or 39% of consolidated revenues), consolidating its business model based on high-margin, scalable products, replacing the previous business model based on non-scalable, tailor-made solutions. The Group's organic growth is accompanied by significant M&A activity. Over time, the Group has 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).

Comunicato disponibile su * e su *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 749229 maps@bper.it

2