Gpi

M&A Activity • Feb 5, 2024

PRESS RELEASE

DIVESTMENT OF ARGENTEA S.R.L. EXCLUSIVE NEGOTIATIONS INITIATED WITH ZUCCHETTI S.P.A.

Trento, 5 February 2024

Gpi S.p.A. announces that its Board of Directors, having considered the binding offers received regarding the divestment of its subsidiary, Argentea s.r.l., decided yesterday to initiate exclusive negotiations with Zucchetti S.p.A. for the sale of its stake.

The offer received from Zucchetti demonstrates how two important Italian industrial entities, despite operating in different sectors, can find convergences that allow both of them an important opportunity for growth and development.

The two Companies are working with their consultants and collaborators to finalize the operation, ideally by the first quarter of 2024.

The financial resources resulting from the disvestment of Argentea s.r.l. will allow Gpi S.p.A. to consolidate the Group's strategy, which envisages increasing focus on the development of software for the digital transformation and sustainability of healthcare systems, in Italy and abroad, while simultaneously strengthening its equity and financial position for the benefit of shareholders.

As part of the Argentea s.r.l. divestment process, Gpi S.p.A. is assisted by Equita as financial advisor, EY-Parthenon as industrial advisor, and Studio Legale Pavia e Ansaldo as legal advisor.

GPI GROUP

Gpi's mission is to make the healthcare systems sustainable through their digitisation, so that everyone can receive high-quality care.

Sustainability and social impact are the guiding principles and play a crucial role in the strategic and investment assessments of the Group, aware that the solutions and services provided to the community have an impact on the quality of life of individuals.

For 35 years, driven by a patient-centric vision, Gpi has been working to support healthcare systems by providing the skills and innovative tools necessary to improve prevention and treatment processes. This is achieved through the strategic use of advanced software, technologies, and cutting-edge services.

The Group's strategy is designed to meet the evolving requirements of the constantly changing healthcare sector and to facilitate entry into international markets.

The unwavering commitment of its 7,000 employees and a customer base of more than 3,000 across 70 countries, yielded €360 million in revenue, an EBITDA of €54 million in 2022.

Gpi S.p.A. is listed on the Euronext Tech Leaders segment of Borsa Italiana, the Italian stock exchange.

ISIN ordinary shares: IT0005221517

This press release is also available at www.gpigroup.com and

CONTACTS

Investor Relations

GPI | Fabrizio Redavid, Lorenzo Giollo | investor.relations@gpi.it | T: +390461381515 | Via Ragazzi del '99, 13 - 38123 Trento

Media Relations

GPI | Daniela Filbier, Enrico Orfano| media.relations@gpi.it | T: +390461381515 | Via Ragazzi del '99, 13 - 38123 Trento

Specialist

Banca Akros | Bruno Mestice | bruno.mestice@bancaakros.it | T. +3902434441 | Viale Eginardo, 29 – 20149 Milan