Unidata

Transaction in Own Shares • Sep 6, 2021

PRESS RELEASE

COMMUNICATION OF THE START OF THE SHARE BUYBACK PROGRAMME

Rome, September 6, 2021 - Unidata S.p.A., operator of Telecommunications, Cloud and IoT services, listed on the AIM Italia market of the Italian Stock Exchange, announces that today it has started the share buyback program in execution and according to the terms and conditions provided by the resolution of the Ordinary Shareholders' Meeting of May 14, 2021.

The Shareholders' Meeting authorized the plan for the purchase and disposal of treasury shares in strict compliance with current EU and national legislation including Regulation (EU) 596/2014 (the "MAR Regulation") and Delegated Regulation (EU) 1052/2016 (the "Delegated Regulation") as well as, to the extent applicable, Legislative Decree 58/98 (the "TUF") and the Consob regulation adopted with resolution no. 11971 of 14 May 1999 (the "Issuers' Regulation"), and the accepted market practices with the purpose of supporting the liquidity of the stock, providing the Company with a stock of treasury shares that it can dispose of in the context of any future extraordinary transactions, operating on the market with a view to medium- and long-term investment. The authorisation to purchase is granted for 18 months as from the date of the Shareholders' Meeting's resolution.

Shares may be purchased, in one or more tranches, up to a maximum number not exceeding one fifth of the Company's share capital, pursuant to art. 2357 of the Italian Civil Code, or any other maximum amount envisaged by current law.

The transactions for the purchase of treasury shares, in accordance with the provisions of the Shareholders' Meeting of Unidata, will be carried out at a price that may not deviate, downwards or upwards, by more than 25% from the official price of Borsa Italiana S.p.A. recorded on the day preceding the day on which the individual transaction will be carried out and, in any case, in compliance with the terms and conditions established by Delegated Regulation (EU) 1052/2016 and the further applicable regulations (including those of a European or supranational nature) and the aforementioned permitted practices (where applicable), without prejudice to the possibility of exceeding these limits in the event of extremely low liquidity in the market always under the conditions mentioned by the aforementioned regulations.

Purchases of treasury shares will be made within the limits of distributable profits and available reserves resulting from the financial statements for the year ending December 31, 2020.

The Company has given a mandate to Banca Akros, as an independent intermediary, to execute the share buyback programme, which will carry out the purchases in full independence and in compliance with the constraints arising from applicable regulations, as well as within the limits of the resolution passed by the General Meeting mentioned above.

1

For further information on the terms and conditions of the authorisation to purchase and dispose of own shares, please refer to the website www.unidata.it Investors/shareholders' meeting section.

* * * * * *

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. Nomad Roberto GIACOMETTI EnVent Capital Markets Ltd 329 2478696 +39 06 896841

Investor Relations Advisor Media Relations POLYTEMS HIR POLYTEMS HIR Bianca FERSINI MASTELLONI Paolo SANTAGOSTINO Silvia MARONGIU +39 349 3856585 s.marongiu@polytemshir.it

CFO ed Investor Relator Officer Londra, Berkeley Square 42, W1J54W +39 +39 r.giacometti@unidata.it gdalessio@enventcapitalmarkets.uk

06.69923324-06.6797849 p.santagostino@polytemshir.it

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 3,350 km in continuous expansion, a wireless network and a proprietary data center, provides over 10,400 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 AIM Italia Market of the Italian Stock Exchange.