Growens — Share Issue/Capital Change 2021

Nov 23, 2021

Informazione Regolamentata n. 20054-107-2021		Data/Ora Ricezione 23 Novembre 2021 19:06:25	Euronext Growth Milan
Societa'	:	GROWENS
Identificativo Informazione Regolamentata	:	154496
Nome utilizzatore	:	MAILUPN03 - Capelli
Tipologia	:	REGEM; 3.1; 2.2
Data/Ora Ricezione	:	23 Novembre 2021 19:06:25
Data/Ora Inizio Diffusione presunta	:	23 Novembre 2021 19:25:03
Oggetto	:	Exercise of rights	Stock Option Plan BEE Content Design –
Testo del comunicato

Milan, 23 November, 2021 – Growens S.p.A. – GROW (the "Company" or the "Issuer" or "Growens"), a company admitted to trading on the multilateral trading facility Euronext Growht Milan and operating in the cloud marketing technology field, hereby notifies that Mr. Massimo Arrigoni, Chief Executive Officer of the subsidiary BEE Content Design Inc. (formerly MailUp Inc.) (the "Subsidiary" or "BEE Content Design"), beneficial owner of a stock option plan issued by the Subsidiary in 2011, exercised the options to subscribe n. 250,000 BEE Content Design newly issued shares, for a total consideration of USD 2,500.

As a consequence of the above-mentioned shares issue, the share capital of BEE Content Design amounts to n. 5,250,000 shares. Mr. Arrigoni owns 4,76%, whereas the balance is owned by Growens S.p.A..

PRICE SENSITIVE

PRESS RELEASE

Stock Option Plan BEE Content Design – Exercise of rights

Milan, 23 November, 2021 – Growens S.p.A. – GROW (the "Company" or the "Issuer" or "Growens"), a company admitted to trading on the multilateral trading facility Euronext Growht Milan and operating in the cloud marketing technology field, hereby notifies that Mr. Massimo Arrigoni, Chief Executive Officer of the subsidiary BEE Content Design Inc. (formerly MailUp Inc.) (the "Subsidiary" or "BEE Content Design"), beneficial owner of a stock option plan issued by the Subsidiary in 2011, exercised the options to subscribe n. 250,000 BEE Content Design newly issued shares, for a total consideration of USD 2,500.

As a consequence of the above-mentioned shares issue, the share capital of BEE Content Design amounts to n. 5,250,000 shares. Mr. Arrigoni owns 4,76%, whereas the balance is owned by Growens S.p.A..

Growens (GROW) is a vertically integrated player in the field of Cloud Marketing Technologies, with a combined SaaS and CPaaS offer. Its growing suite of data-driven solutions allows SMEs and large corporations globally to master the evolving ways of communicating with customers. Starting from the parent company, which includes the MailUp business unit (Email marketing technology), the group boasts a steady growth path both organically and through acquisitions: Acumbamail (Spanish and LatAm markets), Agile Telecom (wholesale SMS market) and Datatrics (artificial intelligence). The brand portfolio is completed by BEE, an email editor launched in 2017 as a complementary business line, already covering thousands of customers worldwide. Today, Growens is a leading European player in the field of Cloud Marketing Technologies, serving ca. 26,000+ customers in 100+ countries.

The company is admitted to trading on the Euronext Growth Milan (EGM) market managed by the Italian Stock Exchange, with a free float of ca. 37%.

ISIN IT0005040354 - Reuters: GROW.MI - Bloomberg: GROW IM

Media & Guidelines: https://growens.io/en/media-guidelines

For further information please contact: Growens Investor Relations Micaela Cristina Capelli +39 02 71040485 investor.relations@growens.io

Growens Press Office Maria Giulia Ganassini

+39 02 89603080 press@growens.io growens.io

Euronext Growth Advisor BPER Banca +39 051 2756537 growens@bper.it

iCorporate - Growens Press Office

Danja Giacomin +39 334 2256777 Alberto Colombini +39 346 6016675 growens@icorporate.it

Arrowhead Business and Investment Decisions, LLC

Thomas Renaud +1 212 619 6889 enquire@arrowheadbid.com arrowheadbid.com