Ediliziacrobatica

Earnings Release • Aug 6, 2021

PRESS RELEASE

EDILIZIACROBATICA S.p.A.:

PRELIMINARY DATA FOR THE FIRST SIX MONTHS OF 2021 SHOW STRONG GROWTH

• Consolidated revenues as at 30 June 2021 equal to €37.5 million, +113.3% compared to €17.6 million as at 30 June 2020
• Total volume of services provided in Italian construction sites up 127.1%

Genoa, 3 August 2021 – Riccardo Iovino, CEO of EdiliziAcrobatica S.p.A. ("Company" or "EDAC"), informed the Board of Directors meeting today of the preliminary figures for the first half of 2021 relating to the Company's sales and performance.

Revenues for the first half amounted to approximately €37.5 million, an increase of 113.3% compared to the corresponding figure of the previous year, equal to €17.6 million.

"As I have already noted", Riccardo Iovino recalls, "the development of our business in Italy has certainly been favoured by incentives such as the 90% Façade Bonus included in the Relaunch Decree, which aims to encourage building improvement and safety works".

Moreover, the Company also saw a positive trend in the total volume of services provided in Italian construction sites, which saw an increase of approximately 127.1%. Riccardo Iovino further observed: "This result is another confirmation of how the business model of EdiliziAcrobatica can be effective even in a complex and delicate moment such as the one we're experiencing now, with a period of initial uncertainty caused by the pandemic in the first months of 2021. An uncertainty that never prevented us from continuing to create value for our internal and external customers. In contrast to the indiscriminate redundancies of other businesses, EdiliziAcrobatica has continued to hire personnel, thus contributing to the Italian economy".

Moreover, the Company also saw a positive trend in the total volume of services provided to Italian construction sites by its franchise network, which enjoyed a result of €9.7 million, an increase of 94% compared to the previous period, equal to €5 million.

As at 30 June, direct job sites in Italy numbered 69, with an increase of 10 compared to 59 as at 31 December 2020.

As for the French subsidiary EdiliziAcrobatica France Sas, revenues from sales and services recorded by the company in the first half of 2021 amounted to €1.7 million, an increase of 21.4% compared to the corresponding figure of the previous year, which amounted to €1.4 million.

In France the Group reached 74 employees in the cities of Lyon, Narbonne, Toulouse, Perpignan, Nice, Montpellier and Marseille.

This press release is available on the company's website at: www.ediliziacrobatica.com.

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EdiliziAcrobatica SpA is the leading company in Italy in the building renovation sector. Founded in Genoa in 1994 by Riccardo Iovino, the company now has over 1200 employees and 100 operating areas in Italy and France. The technique it employs allows working without scaffolding or aerial platforms, thus offering end customers a quality service and the elimination of scaffolding costs. The rope access that EdiliziAcrobatica is specialised in is particularly well suited to ordinary and extraordinary maintenance of buildings and apartment complexes, hotels and historical monuments. In fact, the technique developed by EdiliziAcrobatica ensures numerous benefits both in terms of accessibility for apartment complex residents and hotel guests and safety for tenants and access to monuments that always remain accessible even during restoration and maintenance works.

Listed on the AIM Italia stock exchange since November 2018 and on the Euronext Growth market in Paris since February 2019, EdiliziAcrobatica closed 2020 – the year of the pandemic and the stoppage of construction sites – with € 44.7 million in revenues, up about 14% compared to 2019. During the year the company also inaugurated a new business line dedicated to cleaning and disinfection and released EAcondominio, the first app in Italy for condominium administrators to facilitate the holding of remote tenant meetings.

For info: www.ediliziacrobatica.com

Contacts:

Investor Relator EdiliziAcrobatica S.p.A. Maria Virginia Concu investor.relator@ediliziacrobatica.com C: +39 340 951 0894

Communications Manager EdiliziAcrobatica S.p.A. Deborah Dirani ufficiostampa@ediliziacrobatica.com C: +39 393 8911364

Financial Press Office Close to Media Luca Manzato +39 335 8484706 Lidy Casati +39 349 2332555