DIGITAL360: registration of capital increase resolutions

PRESS RELEASE

DIGITAL360: registration of capital increase resolutions

Milan, 27 October 2021 - DIGITAL360 S.p.A. ("DIGITAL360" or the "Company"), an innovative SME listed on the Euronext Growth Milan market (formerly AIM Italy), referring to the press release published on 14 October 2021 concerning the partial exercise by the Board of Directors of the proxy conferred by the Extraordinary Shareholders' Meeting on 23 January 2020 to resolve on (i) a paid capital increase, in divisible form, for an amount, including share premium, of equal to Euro 399,996.00, by issuing no. 97.560 ordinary shares, with no indication of nominal value, having the same characteristics as the ordinary shares in circulation at the issue date, with the exclusion of option rights pursuant to Art. 2441, Paragraph 5, of the Italian Civil Code, at an issue price of Euro 4.10 per share, of which Euro 0.10 to be allocated to capital and Euro 4.00 as a share premium, and reserved for subscription by Maria Grazia Bruschi and Marco Franceschi, as sellers of a stake representing 51% of the share capital of Imageware S.r.l. and Hi-Comm S.r.l. ("Imageware Capital Increase") and (ii) to increase the share capital for cash, in a divisible manner, for an amount, including share premium, equal to Euro 326,999.60, through the issue of 79,756 ordinary shares, with no indication of nominal value, having the same characteristics as the ordinary shares in circulation at the issue date, excluding option rights pursuant to art. 2441, paragraph 4, of the Italian Civil Code, at an issue price of Euro 4.10 per share, of which Euro 0.10 to be attributed to capital and Euro 4.00 as share premium, and reserved to G.M.S. 83 - General Management Services S.r.l. ("GMS") and to be paid through the contribution of 10% of the share capital of ICT LAB S.r.l. ("ICTLab"). ("ICTLab") held by GMS ("ICTLab Capital Increase"), informs that, today, the aforementioned resolution of the Board of Directors has been registered.

Upon completion of filing the certificate pursuant to Article 2444 of the Italian Civil Code, the company will notify pursuant to Article 25 of the Regulation on Issuers Euronext Growth Milan(formerly AIM Italy), the new composition of the Issuer's share capital. This is in reference to the Imageware Capital Increase.

With reference to the ICTLab Capital Increase, please note that today starts the period of 30 days in favour of the shareholders who represented at the date of the Resolution, and represent at today's date, at least one twentieth of the share capital (in the amount prior to the aforementioned increase), pursuant to Art. 2443, Paragraph 4, of the Italian Civil Code, to request to proceed to a new assessment of the contribution of the share representing 10% of the share capital of ICT LAB held by GMS. The effectiveness of the ICTLab Capital Increase is subject to the above. In the absence of

such request within the above term, the Company will proceed to file, together with the certificate pursuant to Art. 2444 of the Civil Code, the declaration provided for in Art. 2343 quater, third paragraph, letter D).

For more information, please refer to the press release dated October 14, 2021 available on the Company's website at www.digital360.it, Investor Relations section.

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This press release is available on the Company's website at www.digital360.it.

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DIGITAL360

DIGITAL360, a company listed on the Euronext Growht Milan Market, has the objective of accompanying companies and public administrations in the understanding and implementation of digital transformation and favoring their encounter with the best technological suppliers. DIGITAL360 pursues this objective through two business units: one, called "Demand Generation" supports technology companies (vendors, software houses, system integrators, startups, etc.) in communication activities, storytelling, event management, and generation of business opportunities. The other, called "Advisory & Coaching" is aimed at all companies and public administrations that want to undertake any kind of digital transformation. NetworkDIGITAL360, transversal to both Business Units, is the largest network of online publications dedicated to all topics of Digital Innovation. DIGITAL360 integrates a multidisciplinary and multicultural mix of professionalism̀ and skills thanks to analysts, journalists, consultants and experts in the digital world, united by a great passion and mission: digital innovation as an engine for the growth and modernization of our country. For further information: www.digital360.it

Contact

Investor relations

Emilio Adinolfi

Email: [e-mail]

Tel: [phone]

Press Office DIGITAL360: d'I communication

Piero Orlando

Email: [e-mail]

Tel: [phone]

Euronext Growth Advisor

CFO SIM S.p.A.

Email: [e-mail]

Phone: [phone]

This press release is for information purposes only and does not constitute an offer to the public or an invitation to subscribe for or purchase any securities in Italy or in any other country in which such an offer or solicitation would be subject to restrictions or authorisation by local authorities or otherwise prohibited by law. This press release may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. The shares referred to in this press release may not be offered or sold in Italy, the United States or any other jurisdiction without registration under the applicable laws or an exemption from registration under the applicable laws. The shares referred

to in this press release have not been and will not be registered under the U.S. Securities Act of 1933 or under applicable laws in Italy, Australia, Canada, Japan or any other jurisdiction. There will be no public offering of the Company's shares in Italy, the United States, Australia, Canada, Japan or elsewhere.