CY4GATE S.p.A. — Earnings Release 2023

Jul 4, 2023

Press Release

OVER THE PAST TWO WEEKS, CY4GATE GROUP HAS WON NEW CONTRACTS WITH LEADING CORPORATE AND INSTITUTIONAL CLIENTS IN THE CYBER SECURITY AND INTELLIGENCE SEGMENT WITH A TOTAL VALUE OF APPROXIMATELY 6.3 MILLION EURO AND A DURATION OF 1 YEAR

Rome, 4th July 2023 - CY4GATE (CY4.MI) – a group operating in the all-encompassing cyber security and cyber intelligence market – was awarded several contracts for the supply of cyber security and forensic intelligence products predominantly in Italy, with a total value of some 6.3 million euro over a 12-month period, following a series of business development campaigns in Italy.

About 70% of the total contract value comes from agreements with corporate clients on cyber security projects and products, whilst the remainder stems from orders with institutional clients on cyber intelligence.

The contractual activities in the cyber security segment in Italy and an important corporate client in the hightech sector are a continuation of a project that is already underway to customise proprietary technologies that – duly integrated and verticalised on the specific needs of the end user – provide a complex platform that will be used to the benefit its client portfolio.

Also for the cyber security market, a contract was signed for the acquisition of a hybrid cyber digital twin (hybrid because it will work on and support both IT and OT networks). The digital twin is intended to integrate the client company's IT/OT network infrastructure, creating a clone of the network itself for testing and validation of new technologies, training the red and blue teams and for the establishment of a "honey net" to attract and isolate potential attackers from the real network, thereby containing or avoiding the resulting risks.

Contracts with national institutional clients, on the other hand, concern the supply of proprietary technologies for forensic intelligence and data analysis within the cyber intelligence market segment.

Emanuele Galtieri, CEO and General Manager of Cy4Gate, states, "These new successes also represent confirmation of the value of an industrial project, that of Cy4Gate, which has been able to conceive and realise over time a mix of technologies and products in the all-round cyber world that is in demand and appreciated by our clients today. This success, coming just a few days after the announcement of yet another important contract abroad, shows how the company – with its international vocation – has also consolidated a significant national footprint. As such, I am satisfied with these recent successes that confirm the important growth trend initiated by Cy4Gate in recent years, as a prerequisite for consolidating its position as a cyber competence centre in Italy and Europe."

This Press Release is available from Borsa Italiana, under the "****" () storage mechanism and on the Company's website www.cy4gate.com.

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About CY4Gate S.p.A.

The Company was founded in 2014 to meet an unconventional demand for cyber security. Listed on Euronext Growth Milan in June 2020, CY4Gate S.p.A. has also been listed on the Euronext Milan Star segment since June 2023. CY4Gate S.p.A. was conceived to design, develop and manufacture technologies and products, systems and services that meet the most stringent and modern "Cyber Intelligence & Cyber Security" requirements expressed by Law Enforcement Agencies, Armed Forces, Institutions and Companies, both at home and abroad. Representing a unique Italian industrial project, CY4Gate S.p.A. operates in all facets of the cyber market, with proprietary products that meet both information collection and analysis and security needs: QUIPO and AMICO in the world of Cyber Intelligence along with RTA, Diateam, CTI and Pronto Cyber in the world of Cyber Security.

For more information:

Marco Clerici +39 335 775 0702 m.clerici@equita.eu

Specialist Investor Relations CY4Gate S.p.A.

Equita SIM S.p.A. Marco Latini CFO and Investor Relations Manager investors@cy4gate.com

Investor Relations and Media Relations

CDR Communication

Silvia Di Rosa:	+39 335 786 4209	silvia.dirosa@cdr-communication.it
Luca Gentili:	+39 348 292 0498	luca.gentili@cdr-communication.it
Angelo Brunello:	+39 329 211 7752	angelo.brunello@cdr-communication.it
Marianna Tremolada: +39 348 242 3039		marianna.tremolada@cdr-communication.it