Unidata

Investor Presentation • Mar 20, 2025

FY2024 RESULTS

MARCH 20TH, 2025

Roberto Giacometti

CFO & Investor Relations Officer

TODAY'S SPEAKERS

Renato Brunetti

Chairman & CEO

Expert in Administration, Finance, Planning and Control. He held the position of General Manager in several Italian and foreign companies and was Director of the National Secretariat of Agesci.

In 2019, he joined Unidata and followed the listing process on EGM, the extraordinary operations and the translisting on EXM - STAR Segment

Expert in IT systems and software projects. In 1985, he founded Unidata together with two partners, guiding the company towards its new core business, sensing the potential offered by the Internet. President of the NaMeX Consortium and of Unifiber S.p.A. and CEO of Unitirreno S.p.A..

ACHIEVEMENTS FY2024

Unitirreno made significant progress towards completing the work, including obtaining environmental permits in strategic project locations

Unidata reorganizes its strategy and corporate identity and presents the new logo, mission and vision

MAIN ACHIEVEMENTS FY2024 (1/2)

Unidata is awarded in Temporary Grouping of Companies of the tender for the IoT system managing water meters for Basilicata Region

Unidata is awarded in Temporary Grouping of Companies of the tender for the IoT system managing water meters for Molise Region

Unitirreno signed a partnership agreement with Fastweb establishing the purchase by Fastweb of a section of the submarine fiber network Unidata signed an agreement with CEBF for the acquisition of a minority share in ClioFiber, wholesale operator that deals with the creation of the FTTH network in the gray areas of Puglia Unifiber signed a collaboration agreement with Open Fiber that will allow Open Fiber to reuse the infrastructure network owned by Unifiber in Lazio to extend the FTTH network

November 18 October November 13th th 28th December 19

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MAIN ACHIEVEMENTS FY2024 (1/2)

Unidata announced that UniCredit will support the development plan of UniFiber thanks to a 10 million Euro ESGlinked loan, lasting 10 years

KEY FINANCIALS

FINANCIAL HIGHLIGHTS UNIDATA GROUP FY 2024

101.3 M€	27.4 M€
Revenues +9%	Adjusted EBITDA +12%
(93.3 M€ in FY2023)	(24.4 M€ in FY2023)
27,593	7,600 km
Direct Customers	Optical Fiber
+19% vs FY 2023	+800 km
34,170 and Active lines	(6,800 in FY 2023)
through resellers

Optical Fiber +800 km (6,800 in FY 2023)

27.4 M€

Total Investments in tangible, intangible and financial assets

14.5 M€

476,399 households covered 3

NFP (47.9 M€ in FY 2023) Adj. NFP 41.4 M€ 43.8 M€ 1 2

Adjusted EBITDA +12% (24.4 M€ in FY2023) 1

1) The values in brackets as of 31 December 2023 refer to the reported economic data as of 31 December 2023, i.e. including the TWT Group in the consolidation for the 10 months of Unidata's competence; 2) Adjusted NFP for the secured deposit of € 2.4 million; 3) Including Unifiber network.

FINANCIAL HIGHLIGHTS – REVENUES & CUSTOMERS

The values as of 31 December 2023 refer to the reported economic data as of 31 December 2023, i.e. including the TWT Group in the consolidation for the 10 months of Unidata's competence.

Unidata Group's consolidated revenues strongly increased in FY2023, because of the inclusion of the acquired TWT Group in the perimeter, doubling the size of the Group.

In FY2024, the Group recorded slightly increasing revenues confirming the inversion of the revenues mix with an increase in the percentage weight of Revenues with high added value.

UNIDATA GROUP - CUSTOMERS FY2024

34,170

Active lines at national level through a network of about 370 partners

27,593

Unidata Group Consumer and Business Customers

61,763

FINANCIAL HIGHLIGHTS – EBITDA

• The improvement in EBITDA is essentially linked to the increase in Revenues with high added value, the reduction in the Cost of Goods quarter of 2024.

Sold linked to Infrastructure Revenues and the execution of important highly profitable projects that entered the Group's scope in the first

Adjusted EBITDA & Margin EBITDA Bridge

The values as of 31 December 2023 refer to the reported economic data as of 31 December 2023, i.e. including the TWT Group in the consolidation for the 10 months of Unidata's competence.

• In FY2024, Unidata recorded an EBIT of € 15.9 million (+29% vs FY2023), with an EBIT Margin equal to 15.7%, and a Net Profit of €

• 8.6 million (+28% vs FY2023).
• Highest Net Profit in Unidata track record, equal to € 8.6 million.

The values as of 31 December 2023 refer to the reported economic data as of 31 December 2023, i.e. including the TWT Group in the consolidation for the 10 months of Unidata's competence.

NET FINANCIAL DEBT BRIDGE (ESMA)

(1.5)	(0.3)	(0.3)
			(3.0)	(1.0)	(1.2)	(43.8)
assets	Buyback	Dividends	Interest payable	Unitirreno barren investment	Secured Deposit	Net Cash/ (Net debt) Dec '24

BUSINESS PLAN 2025 - 2027

KEY POINTS OF THE STRATEGY

To be a strong player in a growing market using innovation as strategic driver

IoT & Smart City

Connectivity Cloud & CyberSec

Artificial Intelligence

Datacenter

IoT & Network based Smart City & Smart Areas

• LoraWan: Smart metering killer IoT application Unidata is the largest player in Italy

• Roma5G: Smart City & 5G Neutral Hosting Unidata as operating Partner

• PPP: strategic tool, acquired Know-How
• Strategic alliances with major players in Italy

Infrastructure Maker

The digital infrastructure is not finished. - Unidata continues the construction of fiber networks, expands the network with Unifiber – further >50 mln€ Investment >3 years of activity; strategic agreement with Openfiber for sales on the Unifiber network

- Unitirreno - 80 mln€ investiment. Unidata has acquired submarine fiber know-how, one of the few in Italy and Europe; Commitment to sales, operation and maintenance, ready for service in 2025

A.I. technology is must

Operational efficiency and cost savings among the main benefits. Unidata focuses on process efficiency and internal and external solutions

Growth with innovation

• 1 > 10 > 100 Gigabit & Wi-Fi 7 Network as a Service Cloud based - Embedded Cybersecurity - Cloud: IaaS & SaaS, Storage, Private Cloud Infrastructure

Datacenter Business grows in volume

• Current Edge Datacenters in Rome and Milan - Unicenter - Rome Datacenter Colocation starts in 2025 with 13,000sqm up to 16MW >2000

• Unidata will sell and manage Colocation and

-

- racks

• connectivity services

2027 FINANCIAL TARGET

CUMULATED CAPEX 2025-27 NET FINANCIAL DEBT

2027 REVENUES BREAKDOWN

REVENUES MIX by Business Line

Over time the Mix of contribution to Total Revenues changes in favour of a greater weight of Revenues deriving from the SERVICE business line (Fiber & Connectivity, Cloud, Datacenter & IoT)

REVENUES MIX by Type

Q&A SESSION

APPENDIX

TARGET & COMPETITORS

companies by 3.1%. Growth was higher for medium-sized companies (+3.9%).

Target Competitors

CORPORATE GOVERNANCE & ORGANIZATION

1) Equally owned by R. Brunetti, M. Vispi and C. Bianchi; 2) Entirely owned by M. Colli; 3) Including treasury shares.

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This document has been prepared by UNIDATA S.p.A. (the "Company") solely for information purposes. It contains summary information only and is therefore preliminary in nature. It has also been prepared without any intention of being exhaustive. THIS PRESENTATION AND THE ASSOCIATED VERBAL DISCUSSIONS DO NOT CONSTITUTE A PUBLIC OFFER OR AN INVITATION TO SUBSCRIBE, PURCHASE OR OTHERWISE ACQUIRE FINANCIAL PRODUCTS UNDER ARTICLE 1(1)(T) OF LEGISLATIVE DECREE NO 58 OF 24 FEBRUARY 1998 (AS AMENDED). This document is not therefore an advertisement and does not in any way constitute a proposal for execution of a contract, an offer or an invitation to purchase, subscribe or sell securities and neither does this document or part of this document constitute a basis to be relied upon in relation to any contract or undertaking or investment decision. The Company has not prepared and will not be preparing a prospectus for the purposes of an initial public offering of shares. 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CONTACTS

Unidata S.p.A.

ROBERTO GIACOMETTI CFO & Investor Relations Officer

+39 329 2478696 r.giacometti@unidata.it

CDR Communication S.r.l. Investor Relations Consultant

SILVIA DI ROSA +39 335 7864209 silvia.dirosa@cdr-communication.it

ELEONORA NICOLINI +39 333 9773749 eleonora.nicolini@cdr-communication.it