Olidata S p A : Press release prepared pursuant to Article 114 paragraph 5 of Legislative Decree 58 of 1998

Pievesestina di Cesena, August 31, 2021

Press Release

Press release prepared pursuant to art. 114, paragraph 5, of

the d. lgs. n. 58/98

Following a specific request by CONSOB made to Olidata S.p.A. (hereinafter also "the Company"), by letter dated April 22, 2010, pursuant to art. 114, paragraph 5, of Legislative Decree no. 58/98 and relating to the monthly publication of relevant information on the economic, equity, and financial situation of the Company, the following is specified.

1. Net financial position of the Company, highlighting the short-term components separately from the medium-long term ones

The Company's net financial position on July 31, 2021, is negative by Euro 188 thousand and has remained substantially unchanged compared to June 30, 2021.

Below is the detail of the financial changes in the last reporting period:

PFN	07.31.2021	06.30.2021	Variat.
Liquid assets	45	94	(49)
Current financial debt	188.152	188.128	24
Net current financial debt	188.107	188.034	73
Non-current financial debt	-	-	-
Net financial debt	188.107	188.034	73

2. Overdue debt positions broken down by nature (financial, commercial, tax, social security, and towards employees)

As of July 31, 2021, the following overdue debt positions are broken down by nature:

Debt positions by nature	07.31.2021	06.30.2021	Variat.
Financial	187.033	187.033	-
Commercial	3.062.778	2.987.938	74.840
Tax	830.500	829.030	1.470
Social security	141.382	138.974	2.408
Towards Employees	219.437	217.845	1.592
Towards Directors	298.758	288.758	10.000

3. Relations with related parties of the Company and of the group to which it belongs to

With reference to transactions with related parties, the following summary table shows the relationships existing on July 31, 2021:

Data Polaris S.r.l. in liquidation	Euro
* Credits	42.057
Debts	375
Revenues	-
Costs	-

Olidata Energy S.r.l. in liquidation	Euro
* Credits	169.832
Debts	214
Revenues	-
Costs	-

• Receivables entirely written down in the financial statements as a company in liquidation

Italdata S.p.A.	Euro
Credits	-
Debts	-
Revenues	-
Costs	-

As announced in the press release dated June 29, 2018, Olidata S.p.A. finalized on June 28, 2018, the purchase of the entire share capital of Italdata S.p.A.. As of July 31, 2021, there were no economic/financial transactions with the aforementioned company.

Redifin S.p.A.Euro

Credits	-
Debts	116.360
Revenues	-
Costs	3.537
Le Fonti Capital Partner S.r.l.	Euro
Credits	15.000
Debts	-

Revenues

-

Costs

-

4. Further Information.

1. Domanda di concordato prenotativo

It should be noted that, on May 10, 2021, in the presence of Dr. Marcello Porfiri - Notary in Cesena - a report was issued, pursuant to art. 2436 of the Italian Civil Code, of the decision of the Chairman of the Board of Directors to approve the application for admission to the preliminary arrangement with creditors of Olidata S.p.A. pursuant to art. 152 and 161, sixth paragraph, of the Bankruptcy Law, as amended by Law n.134 / 2012 and by Law Decree n. 69/2013.

We also inform you that the company presented on May 14, 2021 the application for admission to the precomposition with creditors procedure at the Court of Forlì.

And again it is noted that on May 20, 2021, the Court of Forlì granted OLIDATA SPA, a deadline until 07/12/2021 for the presentation of a definitive proposal for an arrangement with creditors (complete with a plan and complete documentation as per paragraphs two and three of this rule) or an application for homologation of debt restructuring agreements.

In the same resolution, the Judicial Commissioner was appointed in the person of Prof. Dr. PAOLO BASTIA with office in Bologna.

And again it is noted that on 12/07/2021 the Court of Forlì granted an extension of the term of the arrangement with creditors until September 10, 2021. The duties and obligations borne by the company remain the same as the original provision for admission to the agreed, with the new deadlines set for July 30th and August 30th for the purpose of filing the financial and information reports as usual.

.

The Manager in charge of preparing the corporate accounting documents, Dr. Giuseppe Basso, declares pursuant to paragraph 2 of art. 154-bis of the Consolidated Law on Finance that the accounting information contained in this press release corresponds to the documentary results, books, and accounting records.

For more information on the Company, you can consult the website at: www.olidata.com- Investor Relations

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