Bertolotti — Regulatory Filings 2021

Jul 13, 2021

Informazione Regolamentata n. 0469-55-2021		Data/Ora Ricezione 13 Luglio 2021 08:30:21	MTA - Star
Societa'	:	BE
Identificativo Informazione Regolamentata	:	149863
Nome utilizzatore	:	SERVICEN03 - Cornini
Tipologia	:	REGEM
Data/Ora Ricezione	:	13 Luglio 2021 08:30:21
Data/Ora Inizio Diffusione presunta	:	13 Luglio 2021 08:30:22
Oggetto	:	Luxembourg and Czech Republic	Be_PR13072021_Multi-year assignment
Testo del comunicato

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Shaping the future

INVESTORS INFORMATION

INVESTORS INFORMATION

13 July 2021 // Milan

Be new openings in Luxembourg and Czech Republic following a multi-year assignment worth 8 ml/€ with an important German Financial Institution

Be Shaping The Future (Be) has been awarded a new multi-year assignment by a major German Financial Institution with a "systemic" role in the financial services market in Germany and Europe.

Under the agreement, Be will provide organizational and IT consulting services for a total minimum value of €8 million over three years. The scope of the project is to provide hands-on management of some operational systems of the Client with higher criticality, and to support it in a rapid transition to state-of-the-art IT processes and technologies.

The agreement requires services to be provided in Luxembourg and in the Czech Republic. This allows Be Group an opportunity to expand its activities - through the creation of two new subsidiaries - into two high-potential markets, leveraging on the contract won as a starting point.

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Market cap. (Eur mln): 250.4 Varsaw Floating (%): 45.7 Bucharest Floating (Eur mln): 114.4 Kyiv Main Shareholder: T.I.P. Zurich

STOCK DATA GROUP DATA (as of 31.12.2020) HEADQUARTER MAIN OFFICES Reuters code: BEST.MI Total Revenues (Eur mln): 178.8 Rome Milan Bloomberg code: BEST.MI EBITDA (Euro mln): 28.4 London EBIT (Euro mln): 14.6 Munich SHAREHOLDERS DATA EBT (Euro mln): 13.3 Frankfurt No. of ordinary shares (mln): 134.9 Net Profit(Eur mln): 7.9 Madrid Total no. of shares (mln): 134.9 Net Financial Position (Eur mln): (3.29) Wien

Be S.p.A. Investor Relations | Claudio Cornini | +39 06 54 24 86 24 | IR.be@be-tse.it

Luxembourg, is today the largest asset management center in the Eurozone as well as an important location in the insurance and reinsurance sector, where most of the large international financial groups are present, including many of the Be Group's clients. The Czech Republic is one of the most interesting markets in Central-Eastern Europe, also covered by institutions - that are already clients of Be Group - with a high potential for the development of nearshoring services for markets such as Austria and Germany.

About Be

Be Group, listed on the STAR segment of Borsa Italiana, is one of the leading Italian players in the Consulting sector. The Company provides Business Consulting, Information Technology and Digital Engagement services. A combination of specialist skills, advanced proprietary technologies and a wealth of experience enable the Group to work with leading financial, insurance and industrial clients to create value and boost business growth. With over 1,400 employees and operations in Italy, United Kingdom, Germany, Austria, Switzerland, Spain, Romania, Poland and Ukraine, in 2020 the Group revenues stood at Euro 178.8 million.

This press release is available on the Company's website www.be-tse.it and on the centralized storage mechanism "eMarket STORAGE" at .