Informazione Regolamentata n. 20204-18-2025	Data/Ora Inizio Diffusione 29 Maggio 2025 12:42:26
Societa'	:	PLANETEL

Identificativo Informazione Regolamentata	:	206357
Utenza - referente	:	PLANETELN03 - MICHELE PAGANI
Tipologia	:	3.1
Data/Ora Ricezione	:	29 Maggio 2025 12:42:26
Data/Ora Inizio Diffusione	:	29 Maggio 2025 12:42:26
Oggetto	:	PLANETEL SIGNS THE FRAMEWORK CONTRACT FOR THE ACQUISITION OF A DIVISION OF THE ONE- PERSON BUSINESS "AREATECH DI COLETTA JOSEF"

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PRESS RELEASE

PLANETEL SIGNS THE FRAMEWORK CONTRACT FOR THE ACQUISITION OF A DIVISION OF THE ONE-PERSON BUSINESS "AREATECH DI COLETTA JOSEF"

OBJECTIVE:

TO REINFORCE THE SALE OF IT AND TLC SERVICES IN THE LOMBARDY AND VENETO REGIONS, ESPECIALLY AROUND LAKE GARDA

THE OPERATION IS WORTH €300,000

CLOSING EXPECTED BY 30 JUNE 2025

Treviolo (Bergamo), 29 May 2025 – Planetel S.p.A., (the "Company" or "Planetel"), the parent company of the group of the same name operating nationwide in the telecommunications sector, listed on Euronext Growth Milan, the multilateral trading system organised and run by Borsa Italiana S.p.A., announced that today it signed a binding contract (the "Contract") for the acquisition of a division of the one-person business "Areatech di Coletta Josef" with registered office at Castelnuovo del Garda (Verona, Italy), active in the sale of IT and TLC services and CCTV systems and the maintenance and installation of telephone and electronic systems (the '"Transaction").

The Transaction is expected to be closed by 30 June 2025 (the "Closing Date").

The Transaction involves about 700 business customers who are supplied with connectivity services, radio and cable connectivity contracts, web space registration and allocation services, and annual maintenance contracts for telephone switchboards and CCTV, networking and TLC systems; one employee will also be transferred (the "Business Division").

The management of "Areatech di Coletta Josef" will continue to collaborate with Planetel to ensure a smooth transition and full benefits from the expertise built up over time.

In 2024 the Business Division generated a value of production of about €485,000 with an estimated EBITDA of €70,000.

Bruno Pianetti, Chair and CEO of Planetel, commented: "Through this acquisition we aim to strengthen our commercial coverage of the Veneto and Lombardy regions with the aid of a business with strong local relationships and expertise in the provision of digital services to companies. Its flexible contractual structure and loyal customer base will enable us to speed up our development plan in the sector of integrated solutions for connectivity and TLC services."

Rationale of the operation

The acquisition of the Division enables Planetel to expand and diversify its offering within a broader growth strategy that sets out to reinforce its market share in northern Italy through the integration of local businesses with a loyal customer portfolio and expertise in every stage of the provision of digital services to companies. The addition of new services is another step towards the consolidation of Planetel's positioning as a supplier of complete, integrated ITC and connection solutions for the business world.

Procedures and details of the Operation

Under the Contract, Planetel will acquire the Division against payment of a Price of €300,000 (the "Price"), payable in two instalments: €200,000 Euro at the Closing Date (with any debts of the transferred employee subtracted) and €100,000 within the next 120 days, subject to adjustments as specified in the Contract.

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PRESS RELEASE

The closing of the Operation is expected to be completed, further to compliance with, or waiver by Planetel of, the conditions precedent, by 30 June 2025.

Planetel will fund the operation totally from equity.

The Contract includes the usual safeguarding clauses for operations of this kind, including: (i) conditions relating to the correct, prudent interim management of the Business Division until the Closing Date; (ii) the issue of declarations and guarantees on the financial, operating and contractual status of the division sold, together with the relative compensation undertakings; (iii) a non-competition undertaking on the part of the vendor covering the Lombardy and Veneto regions for a period of 5 years.

The completion of the Operation is absolutely conditional, amongst other terms, on: (i) issue of the necessary tax and welfare contribution certifications; (ii) the absence of significant changes in the Business Division's economic-financial or trading position, or any substantial interruption in its operations with regard to the current conduct of its business; (iii) with regard to the contracts integral to the Business Division that provide a specific right of withdrawal or early termination in the event of transfer of the Business Division, obtaining by the Vendor of written confirmation from the counterparties to these contracts that they will not exercise the said right further to the transfer of the Business Division.

These conditions must be met or specifically waived by three working days prior to the Closing Date.

It is also stated that the Acquisition does not constitute a significant transaction for the intents and purposes of art. 12 of the Euronext Growth Milan Issuers' Regulations, since the significance indicators provided in table Three of the Euronext Growth Milan Issuers' Regulations, calculated on the basis of the Planetel and "Areatech di Coletta Josef" financial reporting data, give a value of less than 25%

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.

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For further information:

Michele Pagani Alantra Capital Markets CFO and Investor Relations Manager Milan, Via Borgonuovo 16 +39 035.204094 +39 334.6267243 [email protected] [email protected]

Investor Relations Media Relations POLYTEMS HIR POLYTEMS HIR Bianca FERSINI MASTELLONI - Silvia MARONGIU Paolo SANTAGOSTINO +39 06.69923324 – 06.6797849 +39 349.3856585 [email protected] [email protected]

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

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PRESS RELEASE

Specialist MIT SIM S.p.A. +39 02.30561270 [email protected]

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

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