GPI S p A : Acceleration condition met for “GPI S.P.A. Warrants”

PRESS RELEASE

ACCELERATION CONDITION MET FOR "GPI S.P.A. WARRANTS"

Expiry Date for the exercise of the Warrants set for 30 July 2021.

Warrants not exercised by that date will forfeit all rights,

becoming invalid for all intents and purposes.

Trento, 1 July 2021

The Gpi Group (GPI:IM), a company listed on the MTA market that is a leading provider of Information Systems and Services for Health and Social Care, reports that the "Acceleration Condition", as defined in the "Gpi S.p.A. Warrant" Regulations (the "Regulations") has been met, since the "Monthly Average Price"1of Gpi shares in June 2021 exceeded the "Threshold Price" of Euro 13.30.

It bears recalling that, as disclosed in the notice published in the newspaper "Il Sole 24 Ore" on 30 March 2017, on 29 March 2017 GPI's Board of Directors, exercising the faculty provided for in Art. 3.3 of the Regulations, definitively established that the Subscription Price of each share arising from the exercise of the GPI S.p.A. Warrants was Euro 9.5 with effect from 1 April 2017. Due to the foregoing, the Exercise Ratio has thus definitively been set at 1:1 (one exchange share per each warrant exercised).

As expressly provided for in the Regulations, holders of Warrants may present their requests for exercise to the intermediary belonging to Monte Titoli, with which the Warrants have been deposited, with effect from 26 July 2021 (the coupon dividend detachment date) and no later than 30 July 2021, the final exercise date, on pain of forfeiture of the right of exercise of the Warrants, as provided for in Article 6 of the Regulations.

The exercise of the Warrants will take effect from the tenth open Market day of the month after that in which the request is submitted, by which time the Company will issue the Exchange Shares subscribed for by making them available to the shareholders through Monte Titoli.

The Exchange Shares will have exchange dividend enjoyment to the Shares in issue at the effective date of exercise of the Warrants. The Subscription Price must be paid in full by the date of submission of the exercise requests, without any additional fees and expenses.

1 Definitions from Art. 1 of the Regulations:

Monthly Average Price= Arithmetic mean of the Daily Average Prices in the calendar month prior to the date of

exercise of a Warrant.

Daily Average Price= Average price weighted for the quantities of a day of trading on the Market.

| GPI SPA | Via Ragazzi del '99, 13 - 38123 Trento |

PRESS RELEASE

For further information, see the Regulations and the notices of amendment available on the issuer's website at the addresses https://www.gpi.it/investors/governance/(Statuto e Regolamenti) and https://www.gpi.it/investors/gpi-investor-relation-documenti/(Warrant), respectively.

GPI GROUP

GPI is the preferred partner for software, technologies and services for healthcare, social services and the public administration. Founded more than 30 years ago in Trento, GPI has grown through significant investments in M&A (in Italy and abroad) and R&D, which it carries out in partnership with leading Italian research centres and universities to share scientific, technological, functional and process knowledge applied to the e-health,e-welfare,well-being sectors.

Also drawing on the solutions and know-how gained from the companies that have joined its ecosystem, the Group has masterfully translated the needs of the healthcare industry into cutting-edgehigh-tech solutions and new service models that optimise prevention, diagnosis and care processes, improving people's lives.

The offer combines specialised IT expertise with advisory and design capabilities enabling it to operate in a range of business areas: Software, Care, Automation, ICT and Payment services.

The Company reported consolidated revenues of €271 million in 2020, with over 6,100 employees at year end and more than 2,400 customers in over 60 countries.

GPI was listed on Borsa Italiana in 2016 (AIM segment) and moved to the MTA market in 2018. ISIN ordinary shares: IT0005221517 - ISIN "Warrant GPI SpA": IT0005221475

Press release available at www.gpi.it and www.1info.it

CONTACTS

Investor Relations

GPI | Fabrizio Redavid, Lorenzo Giollo | [e-mail] | T: [phone] | Via Ragazzi del '99, 13 - 38123 Trento

Media Relations

GPI | Daniela Filbier, Enrico Orfano| [e-mail] | T: [phone] | Via Ragazzi del '99, 13 - 38123 Trento

Specialist

Banca Akros | Bruno Mestice | [e-mail] | T. [phone] | Viale Eginardo, 29 - 20149 Milano

| GPI SPA | Via Ragazzi del '99, 13 - 38123 Trento |

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