MAPS

Share Issue/Capital Change • Jul 4, 2024

Informazione Regolamentata n. 20153-36-2024		Data/Ora Inizio Diffusione 4 Luglio 2024 18:10:43	Euronext Growth Milan
Societa'	:	MAPS
Identificativo Informazione Regolamentata	:	193075
Utenza - Referente	:	MAPSN03 - Ciscato
Tipologia	:	3.1; 2.5
Data/Ora Ricezione	:	4 Luglio 2024 18:10:43
Data/Ora Inizio Diffusione	:	4 Luglio 2024 18:10:43
Oggetto	:	MAPS GROUP: NOTICE OF CHANGE IN SHARE CAPITAL
Testo del comunicato

Vedi allegato

MAPS GROUP: NOTICE OF CHANGE IN SHARE CAPITAL

Parma, 04th July 2024

MAPS (MAPS:IM; IT0005364333), an innovative SME listed on Euronext Growth Milan and active in the digital transformation sector, announces the new composition of its share capital following the assignment of 896.642 newly issued ordinary shares, following the exercise of 896.642 Warrants during the tenth and final exercise period of the "MAPS S.P.A. Warrants 2019-2024", covering the period from 3 st June to 28th June 2024, at a ratio of 1 ordinary share for every 1 warrant exercised (refer to the 28th June 2024 press release).

The table below shows the new composition of the share capital (fully subscribed and paid in) following the certification of the change filed with the Parma Companies Register:

	Current subscribed and paid-up share capital		Previous subscribed and paid-up share capital			Change
	Euro	no. Of Shares	Unitary nominal value	Euro	no. Of Shares	Unitary nominal value	Euro	no. Of Shares	Unitary nominal value
Total	1.536.891,68	13.282.191	No nominal value	1.447.227,48	12.385.549	No nominal value	89.664,20	896.642	No nominal value
Of which ordinary Shares	1.536.891,68	13.282.191	No nominal value	1.447.227,48	12.385.549	No nominal value	89.664,20	896.642	No nominal value

	No. of warrant converted	No. Outstanding adn expired warrant
Warrant Maps 2019-2024	896.642	70.288

Please note that this release is available in English for informational purposes only. Should there be any discrepancies or inconsistencies between this version and the Italian one, the Italian version shall prevail and be regarded as the official and legally binding document.

***

MAPS GROUP

Maps S.p.A., founded in 2002 and listed on the EGM segment of Borsa Italiana since 2019, is an Innovative SME at the head of Maps Group, with over 300 employees, headquartered in Parma, and 12 offices across Italy. The company operates in the context of Digital Transformation, focusing on the Healthcare, Energy, and ESG sectors. Through its products, it enables clients to extract value from data to make better decisions and innovate their Business and Operative Models.

Thanks to the "Maps Healthcare" Business Unit, it oversees the innovative trends of Patient Experience and Telehealth, as well as providing Diagnostic and Hospital Information Systems to public and private entities. With the "Maps Energy" Business Unit, it offers solutions for monitoring, optimizing, and controlling complex energy systems and Energy Communities. Finally, through the "Maps ESG" Business Unit, it makes solutions capable of measuring the achievement of corporate and personal

goals, managing risks, and sharing non-financial performance. Additionally, with "MapsLab" Business Unit, it operates in an Open Innovation context, outside the strategic markets of the Group (Healthcare, Energy, ESG), to meet specific needs through tailor-made products or solutions for Best in Class clients in their respective markets. The Group is also strongly committed to Research and Development. The "Research & Solutions" division is responsible for identifying market needs and evolving the products.

Maps Group ended 2023 with consolidated revenues of 27.5 million euros (+11% compared to 2022), an EBITDA of 5.0 million euros (18% EBITDA Margin), and a Net Financial Position of 12.5 million euros (13.8 million euros in 2022).

Confirming the transformation of its business model, over the last five years Maps Group has almost quintupled its revenues from products (22.3 million in 2023, representing 83% of consolidated revenues) and more than quadrupled its recurring revenues (11.3 million in 2023, accounting for 41% of consolidated revenues), consolidating scalability and diversification, at the expense of a decrease in tailor-made projects that previously characterized the revenue structure.

The organic growth has always been complemented by significant M&A activity. Over the years, several companies have been acquired: IG Consulting S.r.l. (2011), Artexe S.p.a. (2018), Roialty S.r.l. (2019), SCS Computers S.r.l. (2020), IASI S.r.l. (2021), I-Tel S.r.l. (2022), and Energenius S.r.l. (2022).

This press release is available at and www.mapsgroup.it.

CONTACTS

MAPS GROUP

Marco Ciscato – Investor Relations Manager Matteo Gasparri – Investor Relations Specialist

T: (+39) 0521 052300 ir@mapsgroup.it

EURONEXT GROWTH ADVISOR

BPER Banca T: (+39) 0272 74 92 29 maps@bper.it

2