Planetel

M&A Activity • Jul 1, 2025

Informazione Regolamentata n. 20204-20-2025	Data/Ora Inizio Diffusione 1 Luglio 2025 10:35:43		Euronext Growth Milan
Societa'	:	PLANETEL
Identificativo Informazione Regolamentata	:	207566
Utenza - referente	:	PLANETELN03 - MICHELE PAGANI
Tipologia	:	3.1
Data/Ora Ricezione	:	1 Luglio 2025 10:35:43
Data/Ora Inizio Diffusione	:	1 Luglio 2025 10:35:43
Oggetto	:	PLANETEL: CLOSING OF ACQUISITION OF THE DIVISION OF THE ONE-PERSON BUSINESS AREATECH DI COLETTA JOSEF
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PRESS RELEASE

PLANETEL: CLOSING OF ACQUISITION OF THE DIVISION OF THE ONE-PERSON BUSINESS AREATECH DI COLETTA JOSEF

Treviolo (Bergamo), 1 July 2025 – Further to the press release issued on 29 May 2025, Planetel S.p.A., (the "Company" or "Planetel"), the parent company of the group of the same name operating nationwide in the telecommunications sector, listed on Euronext Growth Milan, the multilateral trading system organised and run by Borsa Italiana S.p.A., has announced that it closed the acquisition of a division of the one-person business Areatech di Coletta Josef with registered office at Castelnuovo del Garda (Verona, Italy) (the Vendor), active in the sale of IT and TLC services and CCTV systems and the maintenance and installation of telephone and electronic systems (the Transaction).

The Transaction, worth a total of €297,293.79, was finalised through payment, on the Closing Date, of €200,000.00 via bank transfer. The remainder of €97,293.79 will be paid within 120 days after the Closing Date, subject to possible price adjustments as per contract. The Transaction was entirely funded with Planetel's own funds.

The business division acquired includes about 700 active business customers, provided with services including connectivity (via radio and cable), Web solutions, technical service on TLC systems, videosurveillance and networking (the Business Division). The Business Division also includes transfer of the employment contract with one employee. In 2024 the Business Division generated a value of production of about €485,000.00 with an estimated EBITDA of €70,000.00.

The Vendor has issued specific declarations and guarantees with regard to the Business Division, supported by obligations to compensate Planetel.

The Transaction forms part of Planetel's growth strategy intended to reinforce its market share in northern Italy through the integration of local businesses with loyal customer portfolios and expertise in every stage of the provision of digital services to companies.

The Areatech management will continue to collaborate with Planetel to ensure a smooth transition and full benefits from the know-how built up over time.

It is also stated that the Transaction does not constitute a relevant Transaction for the intents and purposes of art. 12 of the Euronext Growth Milan Issuers' Regulations, since the relevance indicators provided in Table Three of the Euronext Growth Milan Issuers' Regulations, calculated on the basis of the Planetel and Areatech di Coletta Josef financial reporting data, give a value of less than 25%.

Further information about the Transaction is available in the press release issued on 29 May 2025, available to the public from Borsa Italiana S.p.A., from the company's registered office and in the Investors/Investor Relations/Financial Press Releases section of the website www.planetel.it.

PRESS RELEASE

Advisors

The Transaction was handled by LCA Studio Legale as legal advisor and by Studio Marangi & Associati as tax advisor.

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This press release is available from Borsa Italiana S.p.A., from the company's registered office and in the Investors/Investor Relations/Financial Press Releases section of the website www.planetel.it. For its compulsory reporting, Planetel uses the eMarket SDIR circuit managed by Teleborsa S.r.l., with registered office at Piazza Priscilla 4, Rome.

For further information:

PLANETEL S.p.A. Michele Pagani CFO and Investor Relations Manager +39035.204094 ir@planetel.it

Investor Relations

POLYTEMS HIR Bianca FERSINI MASTELLONI - Silvia MARONGIU +39 06.69923324 - 06.6797849 s.marongiu@polytemshir.it

Specialist MIT SIM S.p.A. +39 02.30561270 info@mitsim.it

Euronext Growth Advisor and Corporate Broker Alantra Capital Markets Milan, Via Borgonuovo 16 +39334.6267243 ega@alantra.com

Media Relations

POLYTEMS HIR Paolo SANTAGOSTINO +39349.3856585 p.santagostino@polytemshir.it

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PRESS RELEASE

Holding company of the Group of the same name that offers telecommunication services at national level, Planetel S.p.A. has developed a proprietary fibre optic network for the ultra-broadband connectivity of about 296 municipalities and provides TLC/IT services to over 54,200 customers in Lombardy, Veneto and Campania, through a multi-channel approach. Among the first Italian Internet Service Providers (ISP and WISP) to gradually develop its position in the telecommunication and system integration market, the company has been able to stand out on the territory as a single player offering integrated digital solutions, ASP / Cloud services and other IT solutions. Planetel, formerly a national phone operator, can now provide Business, Wholesale and Residential customers with fibre optic network connections, with the most advanced ultra-broadband connectivity and integrated communication solutions with FTTH-FTTP (Fibre to the Home – Fibre to the Premises) network architectures; its offer covers the entire value chain of ICT services that allows companies to accelerate their digitization process and time-to-market. Planetel's primary assets include a fibre optic network of approximately 3,310 Km. – CLOUD infrastructure in 4 Datacentres – 127 Planetel Points in 106 Municipalities – 1,234 Cabinets on the ground, etc.

Planetel's main goal is the strategic development of a high-speed proprietary backbone – up to 1.4Tb/s – which will allow more stable, faster and more secure connections with a guarantee of greater continuity of service for its customers.

Ticker: PLN - ISIN Code of ordinary shares: IT0005430951