Unidata

Regulatory Filings • Jun 22, 2022

PRESS RELEASE

UNIDATA UNDERTAKES AN INVESTMENT AGREEMENT WITH THE INFRASTRUCTURE FOR GROWTH FUND - ESG FOR THE CREATION OF A TIER IV LEVEL GREEN DATA CENTER IN ROME, WITH A POWER OF ABOUT 16 MW AND WITH 3,200 RACK CAPACITY, FOR A TOTAL AREA OF 20,000 SQM

- Unidata S.p.A. and the "Fondo Infrastrutture per la Crescita – ESG / Infrastructure for Growth Fund;

- ESG " established and managed by Azimut Libera Impresa SGR S.p.A., have signed an agreement to build a green data center through the newly formed UniCenter S.p.A.

- UniCenter S.p.A. will be 25% owned by Unidata and 75% owned by the "Infrastructure for Growth Fund - ESG"

Rome June 22, 2022 - Unidata S.p.A. (EGM: UD), operator of Telecommunications, Cloud and IoT services, with shares traded on the Euronext Growth Milan market of Borsa Italiana S.p.A, following up on what has already been communicated to the market on July 13, 2021, announces that today an investment agreement was signed with the closed-end infrastructure alternative investment fund under Italian law, reserved for professional investors, called "Fondo Infrastrutture per la Crescita - ESG," (the "Fund") established and managed by Azimut Libera Impresa SGR S.p.A, for the construction - through a special purpose company named UniCenter S.p.A. - of a green and neutral Tier IV level data center with domestic and international customer base using renewable energy sources to the maximum extent possible.

In this context, UniCenter will operate on a wholesale-only basis while Unidata will continue to provide services and/or carry out activities in the data center sector in favor of customers requiring data center services with a power of less than 30kw.

The newly formed UniCenter S.p.A. will be 75% owned by the Fund and 25% owned by Unidata S.p.A. The initial investment expected for the creation of the green data center will be 5.7 million euros from Unidata and 51.3 million euros from the Fund, with an option to double the project.

This investment will be made by the partners through equity contributions, equity financial instruments or other so-called "equity-like" instruments as well as through the use of leverage.

The investment agreement, stipulates that Unidata S.p.A. will have the operational management of UniCenter S.p.A. The agreement also contains lock-up clauses and restrictions on the transfer of equity investments in line with market practice.

On the date of the closing, Unidata S.p.A. and UniCenter S.p.A. will sign a service agreement under which Unidata will provide its services to UniCenter S.p.A. on market terms.

00148 Roma unidata.it IT06187081002

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 info@unidata.it Codice Fiscale/Partita Iva

The legal profiles of the transaction were handled by Chiomenti for Unidata and Gianni & Origoni for the Fund.

Renato Brunetti, CEO & President of Unidata S.p.A., said, "We are proud of this agreement to build what will be one of the first green data centers in the country, an ambitious project that renews our commitment to sustainability, enabling national and international customers who will use it for their cloud and storage needs to minimize their environmental impact. I would like to emphasize how our role in this project, which is possible thanks to the collaboration with the Fund, is as an industrial partner and enabler of the technology behind the data center, dealing firsthand with the operational management part and the development of the business plan."

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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:

Roberto GIACOMETTI EnVent Capital Markets Ltd 329 2478696 +39 06 896841 r.giacometti@unidata.it gdalessio@enventcapitalmarkets.uk

Investor Relations Advisor Media Relations

CDR COMMUNICATION CDR COMMUNICATION Silvia DI ROSA Angelo BRUNELLO +39 335 78 64 209 +39 329 21 17 752 silvia.dirosa@cdr-communication.it angelo.brunello@cdr-communication.it Eleonora NICOLINI Elena MAGNI +39 333 97 73 749 +39 345 48 07 885

Specialist

BANCA FINNAT EURAMERICA SPA Palazzo Altieri, Piazza del Gesù 4906.699331

Unidata S.p.A. Euronext Growth Advisor

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

eleonora.nicolini@cdr-communication.it elena.magni@cdr-communication.it

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 info@unidata.it Codice Fiscale/Partita Iva

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 4,590 km in continuous expansion, a wireless network and a proprietary data center, provides over 13,500 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 info@unidata.it Codice Fiscale/Partita Iva