PRESS RELEASE

THE ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING OF UNIDATA S.p.A. APPROVED:

THE DRAFT BUDGET AND NOTED THE 2ND SUSTAINABILITY REPORT AS OF DECEMBER 31, 2021; THE ALLOCATION OF THE NET INCOME FOR 2021; THE AMENDMENTS TO THE ARTICLES OF ASSOCIATION RELATING TO THE NEW ISSUERS' REGULATIONS AND THE TRANSFORMATION INTO A BENEFIT COMPANY.

Rome April 28, 2022 - Unidata S.p.A. (EGM: UD), operator of Telecommunications, Cloud and IoT services, listed on the Euronext Growth Milan market of the Italian Stock Exchange, announces that today the Ordinary and Extraordinary Shareholders' Meeting was held, under the chairmanship of Renato Brunetti.

ORDINARY PART

APPROVAL OF THE DRAFT FINANCIAL STATEMENTS AND THE 2ND SUSTAINABILITY REPORT AS AT DECEMBER 31, 2021

The Ordinary Shareholders' Meeting unanimously reviewed and approved the Financial Statements as of December 31, 2021. The main Economic and Financial Results as at December 31, 2021 are shown below:

Total revenues: € 37.0 million (€ 23.4 million in 2020), + 58% YoY
EBITDA: € 14.1 million (€ 8.6 million in 2020) + 63% YoY; EBITDA Margin: 38.1%.
EBIT: € 9.1 million (€ 4.9 million in 2020) +86% YoY; EBIT Margin 24.6%.
Net profit: € 7.8 million (€ 3.4 million in 2020) +131% YoY
Net Financial Position (NFP): € 2.2 million (cash positive € 3.4 million in 2020)
Total capital expenditure: € 13.9 million
Number of customers: +31% compared to 2020

On the same occasion, the Shareholders' Meeting took note of the Sustainability Report for 2021, the second in the company's history. The Sustainability Report is conceived as a tool to present the commitments, strategies, organizational management methods and results of the company, declined in their threefold economic, environmental and social aspect that qualifies the Company in the ESG area.

¹ UNIDATA S.p.A. T +39 06 404041 N. REA 956645 Viale A. G. Eiffel 100 F +39 06 40404002 Share capital €. 2.464.642 i.v. Commercity M26 [email protected] Codice Fiscale/Partita Iva

ALLOCATION OF NET INCOME FOR 2021

The Ordinary Shareholders' Meeting approved the allocation of the net income for the year 2021, amounting to 7,843,688 euros, as follows:

47,738 euros to increase the legal reserve;
246,464 euros to be allocated as a dividend (0.10 euros per share);
7,549,486 euros to be carried forward to the following year;

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EXTRAORDINARY PART

APPROVAL OF AMENDMENTS TO THE ARTICLES OF ASSOCIATION

The Extraordinary Shareholders' Meeting approved the proposed amendments to the Articles of Association, with the inclusion of the provisions relating to the Benefit Companies and, in particular, the amendments to art. 1 (Company name), 2 (Corporate purpose), 12 (Takeover bid), 12bis (Withdrawal from trading), 14 (Powers of the Ordinary General Meeting) and 29 (Appointment and replacement of the administrative body), as described in the narrative and described in detail in the Board of Directors' report, and approved the new Articles of Association as amended.

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FILING OF DOCUMENTS

The Minutes of the Shareholders' Meeting and the Summary Voting Report will be made available to the public within the terms of the law at the registered office in Rome, as well as by publication on the institutional website www.unidata.it and on the authorized storage mechanism .

00148 Roma unidata.it IT06187081002

² UNIDATA S.p.A. T +39 06 404041 N. REA 956645 Viale A. G. Eiffel 100 F +39 06 40404002 Share capital €. 2.464.642 i.v. Commercity M26 [email protected] Codice Fiscale/Partita Iva

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This press release is available at Borsa Italiana, on the storage mechanism () and on the company's website www.unidata.it in the Investors/Press releases section.

For further information:

Unidata S.p.A. Euronext Growth Advisor Roberto GIACOMETTI EnVent Capital Markets Ltd 329 2478696 +39 06 896841 [email protected] [email protected]

Investor Relations Advisor Media Relations

CDR COMMUNICATION CDR COMMUNICATION Silvia DI ROSA Angelo BRUNELLO +39 335 78 64 209 +39 329 21 17 752 [email protected] [email protected] Eleonora NICOLINI Elena MAGNI +39 333 97 73 749 +39 345 48 07 885 [email protected] [email protected]

CFO ed Investor Relations Officer Londra, Berkeley Square 42, W1J54W +39 +39

Specialist

BANCA FINNAT EURAMERICA SPA Palazzo Altieri, Piazza del Gesù 4906.699331

Unidata S.p.A. Telecommunications, Cloud and IoT Operator. The Company was founded in 1985 by 3 partners still in the Company. With a fiber optic network of 4,239 km in continuous expansion, a wireless network and a proprietary data center, provides over 12,500 business, wholesale and residential customers with ultra-wideband connectivity services with FTTH (Fiber to the Home) network architectures, wireless connectivity, VoIP services, cloud services and other dedicated solutions, with a high level of reliability and security. Other activities in the operational start-up phase concern the Internet of Things (IoT), with the development and supply of solutions for the home automation market and Smart City.

Unidata S.p.A. ISIN CODE: IT0005338840 (Reuters UD MI - Bloomberg UD IM) is listed on the Euronext Growth Milan Italia Market of the Italian Stock Exchange.

³ UNIDATA S.p.A. T +39 06 404041 N. REA 956645 Viale A. G. Eiffel 100 F +39 06 40404002 Share capital €. 2.464.642 i.v. Commercity M26 [email protected] Codice Fiscale/Partita Iva

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