Openjobmetis S p A : The Board of Directors approves the half-yearly financial report as at 30 June 2021

PRESS RELEASE

THE BOARD OF DIRECTORS APPROVES

THE HALF-YEARLY FINANCIAL REPORT AS AT 30 JUNE 2021

REVENUE UP +35.7% COMPARED TO 1H 2020 AND VOLUMES GREATER THAN

PRE-COVID LEVELS +15.4% VS 1H 20191

SECOND AND FIRST QUARTER REVENUES BEST EVER

DEFINITE GROWTH IN HIGH MARGIN SERVICES

RECRUITMENT AND SELECTION +76.7% COMPARED TO 1H 2020 AND +45% COMPARED

TO 1H 2019

FAMILY CARE APL CONSIDERABLE EXPANSION CONTINUES AT +39.4% VS 1H 2020

NET PROFIT AT €5.7 MILLION +141.7% COMPARED TO 2.4 MILLION 1H 2020 AND

+21% COMPARED TO 4.7 MILLION 1H 2019

• Total Revenue: EUR 320.0 mln vs. EUR 235.9 mln in the first half of 2020
• EBITDA: € 11.4 mln vs. € 6.7 mln in the first half of 2020 - (Adj. EUR 12.2 mln vs. EUR 6.8 mln)
  EBIT: EUR 7.8 million vs. € 3.5 million in the first half of 2020 - (Adj. EUR 8.6 mln vs. EUR
  3.7 mln)
• Net profit: EUR 5.7 mln vs. EUR 2.4 mln in the first half of 2020 - (Adj. EUR 6.3 mln vs.

EUR 2.5 mln)

• Net debt: EUR 43.0 million compared to EUR 17.4 million as at 31 December 2020

(as at 30 June 2021 approximately EUR 4 million net of the extraordinary transaction)

Milan, 5 August 2021 - The Board of Directors of Openjobmetis S.p.A. (Borsa Italiana: OJM), one of the leading Employment Agencies, listed on the STAR segment of the Stock Market - operated by Borsa Italiana, approved the Interim Financial Report as at 30 June 2021.

The Managing Director Rosario Rasizza commented, "the Openjobmetis Group achieved certainly encouraging results in the first half of 2021, also considering the difficult historical period that we have dealt with, and that we are still experiencing. In terms of revenue, we recorded the best quarter and half- year in the history of Openjobmetis (also net of the recent acquisition). We are also clearly satisfied with the performance of the revenue from high margin services such as Recruitment and Selection, which posted +76.7% compared to 2020. The positive rising course of Family Care S.r.l. - Employment Agency continues, which grew almost 40% in the period. Also recognised in the half-year was the first

1 +31.1% and +11.5%, respectively, net of consolidation of Quanta

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Openjobmetis S.p.A. - AGENZIA PER IL LAVORO (EMPLOYMENT AGENCY) - Prot. Auth. No. 1111-SG of 26/11/2004 HEADQUARTERS AND OFFICES: Via Marsala, 40/C - Centro Direzionale Le Torri - 21013 Gallarate (VA) REGISTERED OFFICE: Via Generale Gustavo Fara, 35 - 20124 Milan

Tax Code - VAT No. and Reg. No. in the Milan Register of Companies 13343690155 - Share Capital EUR 13,712,000.00 = fully paid-in

Telephone No. [phone] - Fax No. [phone] - [e-mail] - www.openjobmetis.it

contribution by the newly acquired Quanta, although limited only to the month of June; we are already working to attain the synergies that we have anticipated and that will be fully executed within the first half of 2022".

MAIN CONSOLIDATED ECONOMIC AND FINANCIAL RESULTS AS AT 30 JUNE 2021

thousands of EUR	1H 2021	1H 2020	Change %
Revenue	320,024	235,883	35.7%
First contribution margin	41,218	28,979	42.2%
EBITDA	11,382	6,679	70.4%
EBIT	7,788	3,532	120.5%
Profit (loss) for the period	5,716	2,365	141.7%
thousands of EUR	30/06/2021	31/12/2020	Change %
NFP	42,981	17,375	147.4%
Equity	131,163	122,086	7.4%

INCOME STATEMENT

Revenue from sales for the first six months of 2021 amounted to EUR 320,024 thousand compared to EUR 235,883 thousand in the same period of 2020. During the half year, turnover volumes showed a complete recovery compared to the pre-Covid period, even exceeding them: in fact, there was a significant increase of 15.4% compared to the first half of 2019. Net of the "Quanta" transaction, which brought in higher revenues of EUR 10,810 thousand (relating only to the month of June) mainly in the supply area, an increase of 11.5% compared to the first half of 2019 is reported. The good performance of volumes affected all areas of activity of the Group: a) contract work + 34.8% compared to the first six months of 2020 and + 15% compared to the same period of 2019, b) Recruitment and Selection +76.7% compared to the first six months of 2020 and + 45% compared to the same period of 2019 c) revenues for other activities + 117.1% compared to the first half of 2020 and + 37.5% compared to the same period of 2019.

The second quarter of 2021 was the best quarter in the history of the Group, with revenues of approximately EUR 167 million net of the "Quanta" transaction.

Finally, the excellent performance of the contract work of caregivers for the elderly and non-self- sufficient people through the subsidiary Family Care S.r.l. - Employment Agency was confirmed, with continued steady growth (+39% compared to the first six months of 2020).

The EBITDA came to EUR 11.4 million, compared with EUR 6.7 million in the first half of 2020.
TheEBIT of the first half of 2021 amounted to EUR 7.8 million compared to EUR 3.5 million of the
first half of 2020.
The Net profit for the period closed at EUR 5.7 million, compared to EUR 2.4 million in the first
half of 2020.	9
	Page 2 of

Openjobmetis S.p.A. - AGENZIA PER IL LAVORO (EMPLOYMENT AGENCY) - Prot. Auth. No. 1111-SG of 26/11/2004 HEADQUARTERS AND OFFICES: Via Marsala, 40/C - Centro Direzionale Le Torri - 21013 Gallarate (VA) REGISTERED OFFICE: Via Generale Gustavo Fara, 35 - 20124 Milan

Tax Code - VAT No. and Reg. No. in the Milan Register of Companies 13343690155 - Share Capital EUR 13,712,000.00 = fully paid-in

Telephone No. [phone] - Fax No. [phone] - [e-mail] - www.openjobmetis.it

BALANCE SHEET

Equity as at 30 June 2021 amounted to EUR 131.2 million, compared to EUR 122.1 million as at 31 December 2020.

The Net financial position was negative for EUR 43.0 million, compared with EUR 17.4 million as at 31 December 2020. It should be noted that net of the value of the net financial indebtedness of Quanta S.p.A. and Quanta Human Resources S.p.A. and the payment of EUR 20 million for the acquisition of the same, the net financial indebtedness would have been around EUR 4 million.

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MAIN SIGNIFICANT EVENTS OCCURRING DURING THE FIRST SIX MONTHS OF THE
YEAR AND SUBSEQUENT TO 30 JUNE 2021
On 25 January 2021, Openjobmetis S.p.A. announced that it had signed an agreement to acquire 100%
of the capital of Quanta S.p.A. and 100% of the share capital of Quanta Ressources Humaines SA,
indirectly acquiring the respective Italian and foreign subsidiaries. On 26 May 2021, Openjobmetis SpA
announced that, following the authorisation from the Antitrust Authority, as well as the spin-off of the
real estate business unit in favour of the seller, on that same day it completed the acquisition of 100% of
the share capital of Quanta S.p.A. and indirectly of 100% of the subsidiary Quanta Human Resources
S.p.A. With respect to the preliminary agreement signed on 25 January 2021 (see the press release
published on 25 January 2021), the parties have by mutual agreement excluded all of the foreign
companies from the scope of the transaction, whose ownership remains with the seller. The agreed
consideration is made up by a cash portion of EUR 20 million and by 528,193 shares, equal to 3.85% of
the Company's share capital and assigned in exchange to the seller in place of the original 685,600
following the exclusion from the scope of acquisition of all the foreign companies belonging to the
Quanta group and remaining in the hands of the seller.
On 23 June 2021, the Board of Directors of Openjobmetis S.p.A. approved the 100% merger by
incorporation into Openjobmetis S.p.A. (Merging Company) of the subsidiary Quanta S.p.A. (Merged
Company). The merger project, filed with the Register of Companies on 28 June 2021, envisages that the
actual effects of the same will take effect from 1 January 2022, as well as the accounting and tax effects.
By means of a deed dated 19 April 2021 and effective from 26 April 2021, Jobdisabili S.r.l. was merged
into Seltis HUB S.r.l. The transaction was carried out in order to reorganise the Openjobmetis Group,
centralising the high added value HR services within Seltis HUB S.r.l.
On 30 April 2021, the Shareholders' Meeting approved the financial statements as at 31 December 2020,
resolving to allocate the profit for the year and distribute a dividend per share of EUR 0.11 for each
entitled share. The Shareholders' Meeting then appointed the new Board of Directors and Board of
Statutory Auditors for the 2021-2023 period. Furthermore, the Shareholders' Meeting resolved to
authorise the Board of Directors to buy back and dispose of treasury shares, subject to revocation of the
previous authorisation granted by the Shareholders' Meeting of 21 April 2020, up to a maximum of shares	9
not exceeding 5% of the share capital of Openjobmetis S.p.A.	3 of
	Page

Openjobmetis S.p.A. - AGENZIA PER IL LAVORO (EMPLOYMENT AGENCY) - Prot. Auth. No. 1111-SG of 26/11/2004 HEADQUARTERS AND OFFICES: Via Marsala, 40/C - Centro Direzionale Le Torri - 21013 Gallarate (VA) REGISTERED OFFICE: Via Generale Gustavo Fara, 35 - 20124 Milan

Tax Code - VAT No. and Reg. No. in the Milan Register of Companies 13343690155 - Share Capital EUR 13,712,000.00 = fully paid-in

Telephone No. [phone] - Fax No. [phone] - [e-mail] - www.openjobmetis.it

On 10 May 2021, Openjobmetis S.p.A. announced that it had received an ESG Rating of 12.5 points from the company Sustainalytics, corresponding to the "Low Risk" level, on a scale from 0 (zero risk) to 40 (very high risk). The rating obtained positions Openjobmetis among the top ten companies in the world in the HR Service area (source: Sustainalytics).

On 14 May 2021, the Board of Directors of Openjobmetis S.p.A. identified the beneficiaries of the first tranche of the 2019- 2021 LTI Performance Shares Plan approved at the Shareholders' Meeting of 17 April 2019, including the Chairman of the Board of Directors Marco Vittorelli, the Managing Director Rosario Rasizza and directors and key management personnel of Openjobmetis, as well as the number of rights assigned to each beneficiary. For further information, please refer to the relevant press release.

No significant events occurred after 30 June 2021.

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COVID 19 PANDEMIC IMPACTS

The impacts of the spread of Covid-19, still present in the economy and consequently in the labour market, even though less evident than in the previous months, in the first half of the year did not negatively affect the results that the Openjobmetis Group achieved in the year. In fact, the Group recorded revenues higher than those before the pandemic, recording the best first half (+ 35.7% compared to the first half of 2020 and + 15.4% compared to the first half of 2019) and the best second quarter ever (+ 67.7% compared to Q2 2020 and + 21.3% compared to Q2 2019).

As at 30 June 2021, Openjobmetis benefited from the contract worker salary top-up scheme (Trattamento di Integrazione Salariale - TIS) for €1,730 thousand (compared to €16,117 thousand as at 30 June 2020). This amount is reimbursed by Forma.Temp and is recognised in the income statement for the period as a direct reduction in employment costs. The total residual credit for TIS as at 30 June 2021 is equal to EUR 4,906 thousand (including Quanta for EUR 221 thousand).

As in the recent past, there are no particular situations of solvency risk for customers of the Openjobmetis Group compared to the pre-Covid period. This is demonstrated by the average collection times (DSO) which as at 30 June 2021, net of the effects deriving from the consolidation of Quanta, are at 73 days, compared to 76 days as at 31 December 2020 and 74 days as at 31 December 2019. In addition, financial indebtedness, net of the effects of the acquisition (about EUR 20 million) and consolidation of Quanta (about 19 million), was also down as at 30 June 2021 (approximately EUR 4 million compared to EUR 17.4 million as at 31 December 2020).

Openjobmetis S.p.A. operated regularly during the year, continuing to guarantee normal support to the businesses that use it. The Company Protocol of the measures adopted to combat and contain the spread of the Coronavirus SARS-Cov-2, adopted by the Company from the early stages of the spread of the virus, has been progressively refined and adjusted to the regulations in force in the various phases of the pandemic. To protect the health of its employees, the Company has maintained an active Agile Work plan for all those activities that can be carried out from the worker's home, compatibly with business needs and in compliance with the duties and activities, also based on the size of the work environments. Other preventive measures that the Company has adopted and maintained include the obligation to

measure the temperature and hand sanitation at each entry into the company, the supply of daily PPE to	of 9
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Openjobmetis S.p.A. - AGENZIA PER IL LAVORO (EMPLOYMENT AGENCY) - Prot. Auth. No. 1111-SG of 26/11/2004 HEADQUARTERS AND OFFICES: Via Marsala, 40/C - Centro Direzionale Le Torri - 21013 Gallarate (VA) REGISTERED OFFICE: Via Generale Gustavo Fara, 35 - 20124 Milan

Tax Code - VAT No. and Reg. No. in the Milan Register of Companies 13343690155 - Share Capital EUR 13,712,000.00 = fully paid-in

Telephone No. [phone] - Fax No. [phone] - [e-mail] - www.openjobmetis.it

all employees, careful organization and management of the common areas, as well as careful and precise cleaning and sanitation of the premises.

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OUTLOOK

After a good start to the year, the Openjobmetis Group also achieved positive results in the second quarter, the best ever in terms of turnover (EUR 166.8 million), net of the impact of the Quanta transaction.

The Company's results were supported by an initial economic recovery from the Covid crisis, however if on the one hand the vaccination plan is progressing, with about 60%2 of the Italian population covered, on the other "the pandemic continues to cast a shadow over the prospects of economic recovery. Especially the Delta variant of the virus is a big source of uncertainty", as stated by the Chairman of the ECB Christine Lagarde in July. Without prejudice to these considerations, one can think of a positive continuation of 2021, as Openjobmetis has demonstrated a strong resilience and good ability to adapt to changed external conditions in the recent past.

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It should be noted that the figures provided are currently being verified by the independent auditors.

Lastly, it should be noted that the Interim Financial Report of Openjobmetis S.p.A. as at 30 June 2021 will be available on the Company's website www.openjobmetis.it(Investor Relations section) in accordance with the applicable laws and regulations, as specified in Art. 2.2.3, paragraph 3, letters b) and f), of the Regulation of the Markets organised and managed by Borsa Italiana S.p.A.

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Pursuant to paragraph 2 of Article 154 bis of the Consolidated Law on Finance (TUF), Alessandro Esposti, in his capacity as Manager responsible for the corporate financial documents, hereby states that the financial information contained in this press release corresponds to the documented results, books and accounting records.

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Disclaimer

Certain statements contained in this press release could represent forecasts. These statements concern risks, uncertainties and other factors that could cause actual results to differ, even substantially, from expectations. These risks and uncertainties include, but are not limited to, the ability to manage the effects of the macroeconomic cycle, and to acquire new business and integrate it effectively, the ability to acquire new contracts, the ability to effectively manage relationships with customers, the ability to achieve and manage growth, currency fluctuations, changes in local conditions, IT systems issues, risks related to inventories, credit and insurance risks, changes in the tax regime, as well as other political, economic and technological factors and other risks and uncertainty.

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2 Soure: Il Sole 24 Ore of 3 August 2021

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Openjobmetis S.p.A. - AGENZIA PER IL LAVORO (EMPLOYMENT AGENCY) - Prot. Auth. No. 1111-SG of 26/11/2004 HEADQUARTERS AND OFFICES: Via Marsala, 40/C - Centro Direzionale Le Torri - 21013 Gallarate (VA) REGISTERED OFFICE: Via Generale Gustavo Fara, 35 - 20124 Milan

Tax Code - VAT No. and Reg. No. in the Milan Register of Companies 13343690155 - Share Capital EUR 13,712,000.00 = fully paid-in

Telephone No. [phone] - Fax No. [phone] - [e-mail] - www.openjobmetis.it