Circle Group

Regulatory Filings • Sep 8, 2025

PRESS RELEASE

Circle GROUP announces a new contract with one of Italy's leading transport companies for advanced interoperability, sustainability and digitalisation of intermodal logistics, worth almost €200,000.

Milan, September 8, 2025

Circle S.p.A. ("CIRCLE" or the "Company") - an Innovative SME listed on the Euronext Growth Milan market, heading the Group specialized in the process analysis and the development of solutions for the digitalisation of the port and intermodal logistics sectors, as well as in the international consultancy on Green Deal and energy transition topics – announces a new agreement to drive innovation in intermodal logistics through the MILOS® federated ecosystem, with a new project for one of Italy's leading intermodal transport companies, worth approximately €200,000 and lasting 12 months. The initiative stands out for its high level of interoperability, integration with key logistics hubs and full compliance with European regulations on transport digitalisation.

The project is part of an ongoing management evolution process, which involves the progressive integration of TMS and management systems with the MILOS® TFP platform. This platform enables the exchange of digital information between logistics operators, ports, terminals and transport partners, facilitating simplified interconnection with the main Italian port and intermodal hubs.

The initiative will enable the digitalisation of transport documents through the integration of the e-CMR/e-DDT connector (Accudire ExAc) – the digital versions of the consignment note and transport documents, respectively – as well as the provision of the eFTI Platform, in accordance with the European eFTI Regulation (EU 1056/2020). These services will ensure fully electronic management of document flows between management systems, logistics partners and control authorities, enabling not only regulatory compliance but also effective operational efficiency throughout the supply chain.

The project also includes integration with partners already interoperable within the MILOS® ecosystem, such as shipowners and shipping agencies, and railway companies for efficient and digital management of intermodality. Interconnection with vehicle monitoring systems (primarily KMaster) will extend control to vehicles in motion, including sub-carriers and third-

party suppliers.

A distinctive feature of this modernisation will be the possible future use of federated infomobility services, which will make it possible to obtain qualified ETAs based on real-time road traffic, improving the planning and execution of transport and logistics missions, even during the operational phase.

At the same time, by June 2026, PNRR programmes and projects will continue to support the digitalisation and interoperability of ports, freight villages and airports throughout the country. This systemic context provides a further stimulus for the adoption of federative platforms such as MILOS, designed to harmonise dialogue between public and private operators, with open, scalable solutions that comply with the main international standards (EDIFACT, EDIGES, e-CMR, H30, TAF TSI, e-CIM, etc.).

Circle Group therefore provides the entire logistics ecosystem with a complete suite of interoperable digital tools, designed to maximise efficiency, reduce waiting times, increase the transparency of operations and provide concrete support for the digital and sustainable transition of the supply chain.

"Digital interoperability is the key to sustainable, efficient logistics that complies with European regulations and is in line with the "Connect 4 Agile Growth" industrial plan. The federative approach of MILOS® enables concrete synergies between operators, systems and infrastructures, also leveraging the opportunities offered by public co-financing to accelerate the adoption of advanced solutions for the benefit of the entire logistics ecosystem. The participation of major players in our roadmap makes us extremely happy and proud of a path that we believe will radically transform European intermodal transport over the next two years." commented Luca Abatello, CEO of Circle Group.

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This press release is available in the Investor Relations section of the website www.circlegroup.eu and at .

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Founded in Genoa in 2012, Circle S.p.A. is the Innovative SME at the head of the CIRCLE Group, the Group

specialising in the analysis and development of products for the innovation and digitalisation of the port and intermodal logistics sectors and in international consultancy on Green Deal and energy transition issues.

The Group includes the software houses Info.era, NEXT Freight and Cargo Start, the consulting companies Magellan Circle and Magellan Circle Italy, NEXT Customs, as well as the subsidiaries ACCUDIRE and eXyond.

In the Circle Group's sphere of innovation activities, Milos® Intelligence offers a series of advanced solutions that exploit AI technologies for optimisation, simulation and the Digital Twin to support the transformation of decision-making processes by promoting the digitalisation of systems. These include the Extended Port Community System, the MasterSPED® and Milos® Global Supply Chain Visibility solutions for shipping, logistics, trade and industry, respectively, as well as StarTracking®, an airport-to-airport tracking solution. Completing the Supply Chain offering are 'Federated Services', offered in cloud mode, which can make customers' migration to a digital business model more efficient.

Through Magellan Circle and Magellan Circle Italy, the Group operates in the field of advocacy at European institutions, working alongside public bodies and companies, identifying their positioning at European level (Strategic Communication and Advocacy) and funding opportunities (Eu Funding Accelerator), with a vertical focus on Green Deal and energy transition issues.

With the acquisition of Cargo Start, a company specialised in the development and sale of innovative technological products and services for air cargo, Circle has also strengthened its offer in a rapidly expanding and strategic segment with respect to the Connect 4 Agile Growth industrial path.

Through its subsidiary eXyond (92%), it is active in advanced traffic monitoring and management services on the Italian road and motorway network (Infomobility), and in the provision of telematic services (TRUCK), based on proprietary technology platforms, to companies operating in the logistics, transport and insurance sectors.

Circle also owns 21% of the share capital of ACCUDIRE, an innovative startup from Verona that provides a Collaborative Digital Platform capable of helping players along the global supply chain in the exchange of information and the management of document flows, starting with the e-CMR (or electronic waybill).

Finally, through NEXT Customs, active in customs optimisation digital services and functional to the continuation of initiatives aimed at the harmonisation of customs processes, Circle has entered a strongly strategic sphere for the evolution of the Connect 4 Agile Growth path.

Circle S.p.A. has been listed on the Euronext Growth Milan market of Borsa Italiana since October 26, 2018 (alphanumeric code: CIRC; ISIN code ordinary shares: IT. 0005344996).