AlgoWatt S p A : Strategic partnership with Siemens in the building technologies sector launched

Press Release

Milan, 10 september 2021

algoWatt: strategic partnership with Siemens in the building technologies sector launched. Authorized Technical Partner qualification obtained

algoWatt S.p.A., GreenTech Solutions Company listed on the Italian Stock Exchange (MTA), announces to have obtained the status of Authorized Technical Partner by Siemens Building Technologies Division, an initiative within the qualified partnership program wanted by the multinational leader in the design, production and implementation of supervision and control systems for technological systems and subsequent maintenance of these systems.

As an Authorized Technical Partner, algoWatt has demonstrated its expertise in the entire field of bulding automation systems, including the approvals and authorizations required by the regulations in force and so on. required by Siemens to verify technical and professional suitability, as well as the ability to provide value to customers throughout the entire life cycle of the infrastructure, through services of application development, programming, commissioning and maintenance of software packages for different processes.

Within the scope of the partnership, Siemens and algoWatt will encourage collaboration and proactivity in the relationship. In this sense, improvement proposals put forward by the Technical Partner for the improvement of plant functionality, extension or integration of services on third party plants/equipment present on the site, as well as the possibility to explore the application of algoWatt solutions aimed at the market of efficient energy use and building automation technologies, will be taken into consideration.

This new status of algoWatt strengthens the partnership with Siemens and completes the company's position as a highly qualified operator in the most technologically intensive sectors of automation systems, in terms of comfort, safety and energy efficiency of both new and existing buildings for residential, commercial and industrial use.

"The recognition of algoWatt as an Authorized Technical Partner of Siemens testifies to the depth of our experience in Building Technologies," said Massimo Mannori, General Manager of algoWatt. "This new recognition allows us to be even closer to our customers and to open new markets for our solutions as well, ensuring that our skills and technical processes meet the standards set by a leading partner in the sector and of international standing such as Siemens, whose quality standards we share as a company."

This press release is available on the Company's website www.algowatt.com

algoWatt (ALW), greentech solutions company, designs, develops and integrates solutions for energy and natural resource management in a sustainable and socially responsible manner. The Company provides management and control systems that integrate devices, networks, software and services with a clear sector focus: digital energy and utilities, smart cities & enterprises and green mobility. algoWatt is the result of the merger of TerniEnergia, a leading company in the renewable energy and environmental industry, and Softeco, an ICT solutions provider with over 40 years of experience for customers operating in the energy, industry and transport sectors. The company, with more than 200 employees located in 7 locations in Italy and investments in research and innovation for more than 12% of turnover, operates with an efficient corporate organization, focused on the following markets: Green Energy Utility: renewable energy,

www.algowatt.com	1

Press Release

Milan, 10 september 2021

digital energy, smart grids; Green Enterprise&City: IoT, data analysis, energy efficiency, building and process automation; Green Mobility:

electric, shared and on demand. Different markets, a single focus: sustainability. algoWatt is listed on the Mercato Telematico Azionario (MTA) of Borsa Italiana S.p.A..

For further info:

Investor Relations	Press Office	Investor & Media Relations
algoWatt SpA	algoWatt SpA	Domenico Gentile, Pietro Autelitano
Filippo Calisti (CFO)	Federico Zacaglioni	Via Bigli, 19 - 20121 Milano
Tel. [phone]	Tel. [phone]	Tel. [phone]
[e-mail]	Mobile [phone]	[e-mail]
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