Gpi

Report Publication Announcement • Mar 20, 2024

PRESS RELEASE

FINALISATION OF THE SALE OF ARGENTEA S.R.L.

Trento, 20 March 2024

Following the press releases of 23 November, 5 February and 15 March, GPI S.p.A. (GPI:IM), a company listed on the Tech Leaders segment of the Euronext Milan market, announces that today the sale of 100% of Argentea S.r.l. to Zucchetti Hospitality S.r.l., a wholly-owned subsidiary of Zucchetti S.p.A., was formalised.

The consideration paid is approximately EUR 99 million, based on an equity value of Argentea of approximately EUR 105 million. An earn-out clause is also provided for, whereby the buyer undertakes to pay GPI S.p.A. an additional amount of EUR 6 million, on the sole condition that Argentea S.r.l.'s FY 2024 EBITDA, to be calculated in continuity with previous management criteria, is at least equal to that of FY 2023.

The capital gain generated by the purchase and sale of Argentea is approximately EUR 83 million.

The proceeds from the sale of Argentea will be used to increase the Group's financial strength after the major acquisitions in 2022 and 2023 by contributing to the support of the working capital. The Company continues its strategy of developing software solutions for the digital transformation and sustainability of healthcare systems, in Italy and abroad.

GPI GROUP

Gpi's mission is to make healthcare systems sustainable so that, through the digital transformation of healthcare, everyone can receive quality care.

Sustainability and social impact are the Group's inspiring principles and an integral part of its strategic and investment assessments, driven by an awareness that the solutions and services it provides to the community affect people's quality of life. For 35 years, guided by a patient-centric vision, Gpi has been working passionately to support healthcare systems with the skills and innovative tools needed to improve prevention and treatment processes, through the use of advanced software and technologies and cutting-edge services.

The Group's strategy is designed to meet the needs of a constantly changing healthcare sector and to enable expansion into international markets.

In 2022 the constant efforts of 7,000 employees yielded €360 million in revenues, an EBITDA of €54 million and more than 3,000 customers in 70 countries.

Gpi SpA is listed on the Euronext Tech Leaders segment of the Italian stock exchange. ISIN ordinary shares: IT0005221517

Press release available on 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