Digital Bros S p A : Interim Report at September 30th, 2021

Interim Report at September 30th, 2021

(1st quarter of the financial year 2021/2022)

Digital Bros S.p.A.

Via Tortona, 37 - 20144 Milan, Italy

VAT Number and Tax Number 09554160151

Share capital: Euro 6,024,334.80 of which Euro 5,704,334,80 subscribed

Milan Companies House No. 290680-Vol. 7394 Chamber of Commerce 1302132

This report is available in the Investors section of the Company's website at www.digitalbros.com

Please note that this is an Italian to English translation and that the Italian version shall always prevail

in case of any discrepancy or inconsistency.

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Digital Bros Group Interim Report at September 30th, 2021

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Contents
Board of Directors and Governance Structure
Q1 REPORT..........................................................................................................................	6
1.	Group organization .......................................................................................................	6
2.	Video games market ...................................................................................................	10
3.	Results indicators........................................................................................................	12
4.	Seasonality effects ......................................................................................................	12
5.	Significant events of the reporting period...................................................................	14
6.	Consolidated Statement of Profit and Loss at September 30th, 2021..........................	15
7.	Consolidated Financial Statement at September 30th, 2021........................................	19
8.	Performance indicators ...............................................................................................	20
9.	Segment reporting.......................................................................................................	21
10.	Contingent assets And liabilities.................................................................................	30
11.	Significant events occured after September 30th, 2021...............................................	30
12.	Business outlook.........................................................................................................	30
13.	Other information .......................................................................................................	32
FINANCIAL STATEMENTS ............................................................................................	36
Consolidated financial statement September 30th, 2021 ....................................................	36
Consolidated statement of profit and loss at September 30th, 2021 ...................................	37
Consolidated statement of comprehensive income at September 30th, 2021 .....................	38
Consolidated cash flow statement at September 30th, 2021 ...............................................	39
Consolidated statement of changes in equity at September 30th, 2021 ..............................	40
Notes to the condensed consolidated financial statements at September 30th, 2021 ...........	41
STATEMENT PURSUANT TO ART. 154- BIS (5) OF THE T.U.F.................................	52

Digital Bros Group Interim Report at September 30th, 2021

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Board of Directors
Sylvia Anna Bartyan	Independent Director
Lidia Florean	Non - Executive Director
Abramo Galante	Chairman and Chief Executive Officer
Davide Galante	Non - Executive Director
Raffaele Galante	Chief Executive Officer
Susanna Pedretti	Indipendent Director
Stefano Salbe	Executive Director (1)
Laura Soifer	Indipendent Director (2)
Dario Treves	Executive Director

1. Financial reporting manager pursuant to Art. 154 bis of Legislative Decree 58/98
2. Lead Independent Director

Control and Risk Committee

Sylvia Anna Bartyan

Susanna Pedretti

Laura Soifer (Chairman)

Remuneration Committee

Sylvia Anna Bartyan

Susanna Pedretti (Chairman)

Laura Soifer

Board of Statutory Auditors
Gianfranco Corrao	Statutory Auditor
Carlo Hassan	Chairman
Maria Pia Maspes	Statutory Auditor
Daniela Delfrate	Substitute Statutory Auditor
Stefano Spiniello	Substitute Statutory Auditor

The Shareholders' Meeting held on October 28th, 2020 appointed the Board of Directors and Board of Statutory Auditors. The terms of the Directors and the Statutory Auditors will end within the Shareholders' Meeting which will approve the financial statements as at June 30th, 2023.

On October 28th, 2020, the Shareholders' Meeting appointed Abramo Galante as Chairman of the Board of Directors. On the same date, the Board of Directors appointed Abramo Galante and Raffaele Galante as Chief Executive Officers. The CEOs received appropriate powers of attorney.

On August 7th, 2007, the Board of Directors appointed Executive Director Stefano Salbe as Financial Reporting Manager pursuant to Art. 154 bis of Legislative Decree 58/98 with appropriate powers.

Digital Bros Group Interim Report at September 30th, 2021

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Auditors

EY S.p.A.

On October 27th, 2021, the Shareholders' Meeting appointed EY S.p.A., Via Meravigli 12, Milan as corporate auditors until the approval of the financial statements as at June 30th, 2030.

Other information

The publication of Digital Bros Group's Interim Report at September 30th, 2021 was authorized by a resolution of the Board of Directors on November 11th, 2021.

Digital Bros S.p.A. is incorporated and operating in Italy. It is listed on the STAR segment of the Euronext Milan market operated by Borsa Italiana S.p.A..

Digital Bros Group Interim Report at September 30th, 2021

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