Unidata

Investor Presentation • Dec 1, 2025

BUSINESS PLAN 2026-2028

DECEMBER 1ST, 2025

TODAY'S SPEAKERS

Renato Brunetti

Chairman & CEO

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..

Roberto Giacometti CFO & Investor Relations Officer

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

UNIDATA AT A GLANCE

UNIDATA AT A GLANCE

VALUE PROPOSITION

Unidata is a Fiber Company, leader in Telecommunications, Cloud & IoT

Fiber & Networking

Cloud & Datacenter

IoT & Smart Solutions

KEY OPERATIONAL DATA

8,150 km optical fiber laid 1

over 30,000 directcustomers 1

about 508,000 houses covered 1

34,336Active lines through resellers 1

2 Datacenter 800 sqm and 650 sqm

210 Employees

FINANCIAL TRACK RECORD

MARKET TRENDS

THE DIGITAL MARKET IN ITALY

Retail market, 2024 (€bn)

Addressed market 25.0 €bn

• In 2024, the value of the digital market was over 87 €bn.
• The market addressed by Unidata represents 29% of this value (25.0 €bn).
• Fixed Network Services include voice and data services and amount to 9.4 €bn, of which 3.7 €bn refer to the business market.
• ICT services, amounting to 15.6 €bn, include Cloud Computing, Datacenter, Cybersecurity and IoT services and solutions.

FIXED NETWORK AND ICT SERVICES

Addressed retail market, 2022-2028 (€bn) Driving role of ICT

• The targeted retail market will grow from 25.0 €bn in 2025 to 34.3 €bn in 2028 (CAGR +7.9%).
• Growth will continue to be driven by ICT services (CAGR +10.9%).
• The dynamics of fixed network services will remain limited (CAGR +1.7%) and focused on ultrabroadband connectivity.

UNIDATA'S PLAYING FIELD

3 Focus Markets 3 Fields Data Center IoT Network Fiber Network Cloud & Digital Trasformation Connectivity & Convergence Smart Cities Water Solutions IoT Retail Services Wholesale Services Infrastructure

TARGET & COMPETITORS

Retail Wholesale

Source: ISTAT/CNEL 2023/24

Wholesale

STRATEGY & GROWTH PILLARS

UNIDATA'S MISSION AND VISION

Being an excellence in the digital ecosystem to give momentum and value to our future

VISION

MISSION

We passionately accompany customers into the digital future, facilitating the adoption and management of competitive innovations.

Satisfaction is the common foundation on which we build the relationship with customers, our colleagues and the community of which we are ^a part

STRATEGIC GOALS AND GUIDELINES

Pursue sustainable long-term growth

Both organically and through M&A, creating value for stakeholders in the medium to long term

Focus on Growth

Transform the company into a TechCo

Focus on the integration of digital technologies and on the B2B and

Innovative 4C Services

Leverage the know-how of infrastructure projects

B2B2B markets

Best in Class Network & Datacenter

Transform the Company's offering and revenue mix

New growth trajectory thanks to the know-how gained in innovative infrastructure projects

E2E and AI Digital Processes

In line with market evolution towards high value-added ICT services and the centrality of digital transformation processes

• People Engagement
• Strategic Financial Management

UNIDATA'S FUTURE

From TelCO to TechCO

THE EVOLUTION OF UNIDATA'S POSITIONING

Evolution 2026-2028

Retail Services

• B2B focus with a consolidated presence in Lazio and Lombardy
• Relevance of fiber connectivity on your own network
• Provider of integrated ICT solutions (4C: Connectivity, Communication, Cloud, Cyber) to support customers' digital transformation
• Partnerships for the implementation of value-added projects

Wholesale Services

• Consolidated leadership in the reseller market
• Relevance of mature and shrinking markets (voice)
• Evolution towards Telco as a Service (NOC/SOC) model
• Management of the impact of regulatory and institutional scenarios (digital and switch-off)

Infrastructure

• Proven ability to design, build, operate and maintain fiber optic networks
• Development of synergies with Unifiber (Fiber), UniCenter (DataCenter) and Unitirreno (Submarine Cable)
• Enhancement of system integration skills

«DIGITAL HUB» OMNICHANNEL SERVICE PLATFORM

UNIDATA Digital Hub

• The development of a common platform for all sales channels is a key element.
• Overcome the fragmentation of internal platforms and integrate it all into a single CRM.
• Artificial Intelligence is a distinctive element for the optimization of:
• Analytics generation
• Sales Process Analysis (Business Process Flow)
• UniHub will allow access to services through a common marketplace in:
• "Push" Channels Salesforce, Business Partner, Reseller
• "Pull" Channels digital funnel (Telco, Cloud, Cyber, ...)
• HostBill, as an "all-in-one billing, automation and client management" solution, it is an enabling factor for the development of a true marketplace common to all channels, capable of offering a seamless eCommerce experience.

FINANCIAL TARGETS

2028 FINANCIAL TARGETS

CUMULATED CAPEX 2026-28 NET FINANCIAL DEBT

JOINT VENTURES

JOINT VENTURES

KPIs

• Roll-out of the FTTH access network in "grey areas" located in the Lazio and Puglia regions.
• Unifiber owns the passive FTTH network. Objectives
• Design, construction and maintenance of the fiber network.
• Develop the FTTH fiber network in the Lazio area.
• The role of Sale of the network to wholesale operators.

UNIFIBER UNITIRRENO

• Development of submarine cable infrastructure in the Tyrrhenian Sea (from Mazara del Vallo, Olbia, Rome and Genoa).
• The project is officially operational from November 2025
• Development of infrastructure links in Europe and Africa.
• Operational Management through Cable Landing Station, Network & Security Operation Centers.
• Sale of services to domestic customers.

JOINT VENTURES

UNICENTER (2026-2028)

• Construction of a green and neutral Tier IV Data Center of about 20 MW and 3.200 racks of capacity (total area 20.000 m2) with a target of national and international customers. Renewable energy sources usage to the maximum extent possible.
• Data Center design and construction support.
• Operational management of UniCenter.
• Provide its services to UniCenter at market prices to enable them to be sold to other B2B operators.

ESG

ESG: 3 STRATEGIC OBJECTIVES AND 19 SPECIFIC OBJECTIVES

• Promoting the right to connection for all people as a lever for social inclusion 1
• 4
• 1. UI in gray areas
• 1. 100% fiber
• 1. Cloud computing
• 1. Smart metering

Promote employee and employee satisfaction 2

6

9

• 1. Assessment and Skills
• 1. Training
• 1. Corporate Climate
• 1. Mobility Management
• 1. ESG Incentives
• 1. Gender Equality

Implement a progressive evolution of its business and operating model towards a zero-emission economy 3

• 1. Vehicle fleet
• 1. Consumption reduction
• 1. PSCL
• 1. Monitoring
• 1. Renewables
• 1. Photovoltaic
• 1. CRM
• 1. Paper use
• 1. Supplier selection

APPENDIX

CORPORATE GOVERNANCE & ORGANIZATION

Public Affairs & Institutional

Relations

Federico Bottura

Chief Financial and Legal Officer

Roberto Giacometti

Procurement & General Affairs

Roberto Monaldi

Chief Operating Officer

Giovanni De Nichilo

Patrizio Pisani

DISCLAIMER

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. Any decision to purchase, subscribe or sell securities must be taken independently of this Presentation. No provision of this Presentation will therefore create any binding liability or obligation for the Company and its subsidiaries and for their consultants or representatives. The Presentation is not intended for distribution in the United States of América, Canada, Australia, Japan or in any jurisdiction in which such distribution is illegal (as defined in Regulation S under the United States Securities Act 1933, as amended (the 'Securities Act'). Neither this Presentation nor any copies thereof may be used or transmitted in the United States of America or in its territories or possessions, or distributed, directly or indirectly, in the United States of America or in its territories or possessions or to any American person. Failure to comply with this restriction may constitute a breach of United States securities laws. 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The recipient will be the sole party responsible for its own assessment of the information contained in the Presentation. Neither the Company and its subsidiaries nor their consultants or representatives, will be obliged to provide or update any information or to provide notification of or correct any inaccuracies in any information. Neither the Company and its subsidiaries nor any of their consultants or representatives will have any liability vis-à-vis the recipient or any of its representatives as a consequence of the use of or reliance on the information contained in this document. Some information may contain forward-looking statements that present risks and uncertainties and are subject to change. In some cases, these forward-looking statements may be identified by the use of words such as 'believe', 'anticipate', 'estimate', 'objective', 'potential', 'hope', 'forecast', 'draft', 'could', 'should', 'may', 'intention', 'plan', 'purpose', 'seek' and similar expressions. The forecasts and forward-looking statements included in this document are necessarily based on a series of assumptions and estimates that are intrinsically subject to significant economic, operational and competitive uncertainties and unforeseen events, and on assumptions relating to future corporate decisions that are subject to change. By their nature, the forward-looking statements present known and unknown risks and uncertainties, because they refer to events and depend on circumstances that might occur in the future. Furthermore, the actual results may differ substantially from those contained in any forwardlooking statement because of a series of significant risks and future events that are outside the control of the Company and cannot be estimated in advance, such as the future economic context and the actions of competitors and other entities involved in the market. These forward-looking statements refer only to the date of this presentation. The Company advises that the forward-looking statements are not guarantees of future benefits and that its current financial position, corporate strategy, plans and management objectives for future operations may differ substantially from those stated in or suggested by the forward-looking statements contained in this Presentation. Furthermore, even if the Company's financial position, company strategy, plans and management objectives for future operations are consistent with the forward-looking statements contained in this Presentation, these results or developments might not be indicative of the results or developments in future periods. The Company expressly disclaims any obligation or undertaking to disclose updates or revisions of any forward-looking statement contained in this document to reflect any change in the Company's expectations in relation to that document or any change in events, conditions or circumstances on which such statements are based. By receiving this Presentation, the user acknowledges and accepts that it is bound by the terms, conditions and restrictions stated above.

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CONTACTS

UnidataS.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