Digital Value S p A : January 26, 2022 – Turnover 2021 at about 544 Mln euros with a growth of over 23%

PRESS RELEASE

TURNOVER 2021 AT ABOUT 544 MLN EUROS WITH A GROWTH OF OVER 23%

Rome, January 26, 2022 - Digital Value S.p.A., a company listed on the Euronext Growth Milano market (Ticker: DGV), announces that consolidated revenues as of December 31, 2021, unaudited, are approximately €544 million with an increase of +€102 million compared to the previous year (+23.1%).

DGV announces that TT Tecnosistemi S.p.A., a newly acquired company in which Digital Value holds a majority stake not yet consolidated, has generated revenues as at December 31, 2021, unaudited, of approximately € 51 million with an increase of € 6 million compared to the previous year.

Digital Business Transformation was the main growth driver, generating revenues of €138 million, with an annual increase of €44 million (+43%) and accounting for 25% of consolidated revenues. The Line of Business includes Edge Computing, Big Data analytics and Cloud and Software Platforms (delivered in PAAS-SAAS mode), as well as Integration and secure Video Communication services.

Next Generation Data Center activities, which represent the historical market of Digital Value, grouping together recurring and evolutionary activities relating to both physical and virtual Data Center infrastructures, evolved Networks and their security, generated revenues of €259 million, + €49 million compared to the previous year, confirming their 48% share of the Group's total revenues.

Smart Workplace Transformation solutions contributed to consolidated revenues for 147 Million €, with an increase of 12 Million €. DGV continued to support and implement the digital transformation of workstations and personal productivity of its customers, including end-point security.

With reference to the main markets addressed, Digital Value generated 34% of revenues in the Large Public Administration sector, 28% in the Telco & Media sector, 26% in Industry & Finance and 12% in Local Public Administration.

Digital Value S.p.A.

Sede Legale Via della Maglianella, 65/E - 00166 Roma (RM) - Tel. [phone]

Sede Operativa Via Galileo Galilei, 7 - 20124 Milano (MI) - Tel. [phone]

C.F. - P. IVA e Numero Registro Imprese di Roma 10400090964 - REA RM 1554887

Capitale Sociale i.v. 1.554.957,60€

The 2021 results are the result of the growing strategic positioning to support the multi-year investment plans of the Clients on which the Group Companies operate.

Preliminary results for 2021 were not affected by the potential incremental effects deriving from the implementation of the projects outlined in the National Recovery and Resilience Plan (NRP).

Massimo Rossi - President of Digital Value - comments: "Digital Value Group with its proforma 2021 results doubled its turnover compared to 2018, the year of first listing, thanks to the confirmation of its positioning in the areas with the highest added value in the Italian ICT market and the greatest future prospects.

Digital Value's 2021 growth was significantly higher than that of the reference market and achieved through continuous innovation and attention to the end customer.

This important result represents a further incentive to continue the organic growth through the development of new markets and new services.

The recent acquisition of TT Tecnosistemi represents the first step in the path of aggregator of entrepreneurial realities, which in 2022 we intend to accelerate and develop further."

The overall results will be disseminated following the Board of Directors' meeting called to approve the draft financial statements as at December 31, 2021, on 30TH march 2022.

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Digital Value SpA

Digital Value S.p.A., with headquarters in Rome and Milan and operations throughout Italy, is the head of a Group that is one of Italy's leading operators in the IT solutions and services sector, with consolidated revenues of EUR 442 million and over 230 employees (source: consolidated financial statements as at 31 December 2020). The Group carries out research, design, development and marketing of ICT solutions and services for the digitalisation of large account customers operating in the strategic sectors of the country's economy - Telecommunications, Transport, Utilities, Finance, Industry and Public Administration - which represents the leading segment of the ICT market (over 50% of total national demand). Digital Value consolidates unique and specialised skills, able to offer a complete coverage of the technological innovation needs of key market segments, as a result of a steady and significant growth path. The Group's success is based on the unique skills, know-how and specialisation of its human resources, as well as on its acknowledged ability to plan, implement and manage innovative and functional project solutions for the digitalisation of its customers.

Digital Value S.p.A.

Sede Legale Via della Maglianella, 65/E - 00166 Roma (RM) - Tel. [phone]

Sede Operativa Via Galileo Galilei, 7 - 20124 Milano (MI) - Tel. [phone]

C.F. - P. IVA e Numero Registro Imprese di Roma 10400090964 - REA RM 1554887

Capitale Sociale i.v. 1.554.957,60€

Digital Value has been listed on the Euronext Growth Milan market since November 2018 (insert ISIN code IT0005347429

For Information:
Digital Value S.p.A.	CFO SIM S.p.A.	Spriano Communication & Partners
Via Della	Maglianella	Via dell'Annunciata	Via Santa Radegonda 16, 20121 Milano
65/E,		23/4,
00166 Roma	20121 Milano
Tel. [phone]	Tel. [phone]	Tel. [phone]
E-mail		[e-mail]	[e-mail]
[e-mail]			[e-mail]
Riccardo	Benedini, IR	Euronext	Growth	Corporate and finance communication
Manager		Advisor e Specialist	advisor

Digital Value S.p.A.

Sede Legale Via della Maglianella, 65/E - 00166 Roma (RM) - Tel. [phone]

Sede Operativa Via Galileo Galilei, 7 - 20124 Milano (MI) - Tel. [phone]

C.F. - P. IVA e Numero Registro Imprese di Roma 10400090964 - REA RM 1554887

Capitale Sociale i.v. 1.554.957,60€