Planetel

AGM Information • Apr 24, 2025

Informazione Regolamentata n. 20204-16-2025	Data/Ora Inizio Diffusione 24 Aprile 2025 12:36:49		Euronext Growth Milan
Societa'	:	PLANETEL
Identificativo Informazione Regolamentata	:	204619
Utenza - referente	:	PLANETELN03 - MICHELE PAGANI
Tipologia	:	REGEM
Data/Ora Ricezione	:	24 Aprile 2025 12:36:49
Data/Ora Inizio Diffusione	:	24 Aprile 2025 12:36:49
Oggetto	:	ORDINARY GENERAL MEETING OF PLANETEL SPA
Testo del comunicato

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PRESS RELEASE

ORDINARY GENERAL MEETING OF PLANETEL SPA

Financial statements at 31 December 2024 are approved Distribution of a dividend of 0.12 Euro per share is decided

Treviolo (Bergamo), 24 April 2025 – Planetel S.p.A., ("the Company" or "Planetel"), the parent company of the group that bears its name, operating nationwide in the telecommunications sector, listed on the Euronext Growth Milan multilateral trading system organised and run by Borsa Italiana S.p.A., announces that the Ordinary General Meeting, held today at first calling and chaired by Bruno Pianetti, approved the financial statements as of 31 December 2024 and the allocation of the profit for the year, deciding to pay a dividend of Euro 0.12 per share.

The General Meeting of Planetel also approved the financial statements of the incorporated company Net-Admin S.r.l., the merger by incorporation of which was concluded on 11 December 2024 to take effect for accounting, fiscal and legal purposes from 1 January 2025, while for civil law purposes it took effect on the date when the deed of merger came into force, i.e. the final date of entry in the Register of Companies as required by article 2504, para. 2 of the Italian Civil Code, said date being 31 December 2024 (as specified in the press release published on 24 March 2025 reporting the Planetel Board of Directors' approval of the draft financial statements at 31 December 2024).

Summary of the financial statement data approved by the General Meeting and allocation of the profit

Planetel recorded turnover from its core business of 25 million Euro, an increase of 1.4 million (+6%) compared to the 23.2 million Euro of the previous year.

The value of production amounted to 26.5 million Euro, compared to 24.7 million Euro in 2023 (+7%).

EBITDA was 6.8 million Euro, compared to 6.4 million Euro in 2023 (+6.5%).

EBIT was 1.3 million Euro compared to the 1.5 million Euro of 2023 (-13.3%)

Net profit was 2.2 million Euro, compared to 1.7 million Euro in 2023 (+29%).

Net Equity as of 31 December 2024 was 22.0 million Euro, compared to 21.8 million Euro for year 2023.

The Net Financial Position was cash negative by 17.7 million Euro, compared to the cash negative NFP of 13.1 million Euro as of 31 December 2023.

The Board of Directors resolved to allocate the profit for the 2024 financial year, of 2,159,340 Euro, as follows:

• Euro 107,967 to the legal reserve;
• Euro 789,570 to ordinary dividends, amounting to a gross dividend of 0.12 Euro per share, with the exclusion of treasury shares, with ex-dividend date 5 May 2025, record date 6 May 2025 and payment date 7 May 2025.
• the difference of Euro 1,261,803 to an extraordinary reserve.

The General Meeting also examined the Group's consolidated financial statements for FY 2024.

As of 31 December 2024 the Group recorded turnover from its core business of 37.2 million Euro, an increase of 12% YoY.

The value of production was 39.5 million Euro, an increase of 13% YoY compared to 35.1 million Euro for

year 2023.

EBITDA was 9.3 million Euro, an increase of +14% over the 8.2 million Euro of 2023 (Ebitda Margin 24%).

EBIT was 2.1 million Euro, an increase of +10% over the 1.9 million Euro of 2023 (EBIT Margin 5%).

The Adjusted EBIT amounted to 2.7 million Euro (+4%)

The Net Result for the period showed a profit of 1.3 million Euro (4% of the value of sales), compared to the result of 1.4 million Euro for the same period of 2023.

The Adjusted Net Result amounted to 3.2 million Euro (+28%)

The Group recorded Net Equity of 21.5 million Euro, compared to 22.1 million Euro for FY 2023.

The Net Financial Position as of 31 December 2024 was cash-negative by 16.8 million Euro, compared to a cash-negative position of 13.3 million Euro for FY 2023.

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The documentation required by current regulations regarding today's General Meeting is made available to the public at the Company's registered office, through Borsa Italiana S.p.A., on the website www.planetel.it, and through the authorised storage mechanism , within the legal terms. *****

The minutes of the General Meeting (also containing information regarding the number of shares represented at the General Meeting and the results of the votes) will be made available to the public in accordance with the legal terms and procedures and will be posted for consultation on the Issuer's website www.planetel.it (Inverstitori/Investor Relations/Shareholders' Meeting section). *****

This press release is available from Borsa Italiana S.p.A., from the company's registered office and in the Investitori/Investor Relations/Price sensitive Press Releases section of the website www.planetel.it. For its compulsory reporting, Planetel uses the eMarket SDIR circuit managed by Teleborsa S.r.l., with registered office at Piazza Priscilla 4, Rome.

*****

For further information:

Michele Pagani Alantra Capital Markets CFO and Investor Relations Manager Milan, Via Borgonuovo 16 +39 035204094 +39 334.6267243 ir@planetel.it ega@alantra.com

Investor Relations Media Relations POLYTEMS HIR POLYTEMS HIR Bianca FERSINI MASTELLONI - Silvia MARONGIU Paolo SANTAGOSTINO 06.69923324-066797849 +393493856585 s.marongiu@polytemshir.it p.santagostino@polytemshir.it

PLANETEL S.p.A. Euronext Growth Advisor and Corporate Broker

Specialist MIT SIM S.p.A. 02.30561270 info@mitsim.it

Holding company of the Group of the same name that offers telecommunication services at national level, Planetel S.p.A. has developed a proprietary fibre optic network for the ultra-broadband connectivity of about 296 municipalities and provides TLC/IT services to over 54,200 customers in Lombardy, Veneto and Campania, through a multi-channel approach. Among the first Italian Internet Service Providers (ISP and WISP) to gradually develop its position in the telecommunication and system integration market, the company has been able to stand out on the territory as a single player offering integrated digital solutions, ASP / Cloud services and other IT solutions. Planetel, formerly a national phone operator, can now provide Business, Wholesale and Residential customers with fibre optic network connections, with the most advanced ultra-broadband connectivity and integrated communication solutions with FTTH-FTTP (Fibre to the Home – Fibre to the Premises) network architectures; its offer covers the entire value chain of ICT services that allows companies to accelerate their digitization process and time-to-market. Planetel's primary assets include a fibre optic network of approximately 3,310 Km. – CLOUD infrastructure in 4 Datacentres – 127 Planetel Points in 106 Municipalities – 1,234 Cabinets on the ground, etc.

Planetel's main goal is the strategic development of a high-speed Backbone – up to 1.4Tb/s proprietary backbone – which will allow more stable, faster and more secure connections with a guarantee of greater continuity of service for its customers.

Ticker: PLN - ISIN Code of ordinary shares: IT0005430951

Fine Comunicato n.20204-16-2025	Numero di Pagine: 5