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Regulatory Filings • Sep 28, 2023

Informazione Regolamentata n. 1967-61-2023		Data/Ora Inizio Diffusione 28 Settembre 2023 17:11:55	Euronext Star Milan
Societa'	:	DOVALUE
Identificativo Informazione Regolamentata	:	181588
Nome utilizzatore	:	DOVALUEN10 - Songini
Tipologia	:	REGEM
Data/Ora Ricezione	:	28 Settembre 2023 17:11:54
Data/Ora Inizio Diffusione	:	28 Settembre 2023 17:11:55
Oggetto	:	BILLION	SUCCESSFUL ONBOARDING OF SKY PORTFOLIO IN CYPRUS FOR EURO 2.3
Testo del comunicato

Vedi allegato.

PRESS RELEASE

SUCCESSFUL ONBOARDING OF SKY PORTFOLIO IN CYPRUS FOR EURO 2.3 BILLION

Rome, September 28, 2023 – doValue S.p.A. ("doValue", or the "Company") is pleased to announce the successful completion of the SKY transaction, including the onboarding by doValue Cyprus of the Sky portfolio awarded by an affiliate of Cerberus Capital Management ("Cerberus") for a total value of approximately €2.3 billion of Non-Performing Exposures ("NPEs") originated by Alpha Bank Cyprus, of which €2.1 billion represent new assets under management.

The transaction reflects doValue's strategy to expand its customer base, with the inclusion of new clients like Cerberus, leveraging on its core banking platform, launched in Italy and rolled out in Greece and Cyprus as part of the doTransformation project. Thanks to this transaction, which includes a material real estate component, doValue Group is able to further differentiate its revenue base.

With the onboarding and servicing of the Sky portfolio, doValue confirms its role and market leadership position in the Hellenic Region and the Cypriot market in particular.

doValue is the main operator in Southern Europe in the management of credit and real estate for banks and investors. With more than 20 years of experience and approximately €120 billion of assets under management (Gross Book Value) across Italy, Spain, Portugal, Greece and Cyprus, doValue Group's activities contribute to the economic growth by promoting the sustainable development of the financial system. With its 2,800 employees, doValue Group offers an integrated range of services: management of Non-Performing Loans (NPL), Unlikely To Pay (UTP), Early Arrears, performing credit, real estate management, master servicing, data processing and other ancillary services for credit management. The shares of doValue are listed on the STAR segment of Euronext Milan (EXM) and, in 2022, the Group reported Gross Revenues of €558 million and EBITDA excluding non-recurring items of €202 million.

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