Piteco è presente all’INVESTOR ACCESS EVENT: Parigi 4-5 Aprile 2022

INVESTOR PRESENTATION

INTERNATIONAL GROUP ACTIVE IN TREASURY & BANKING SOFTWARE MARKET

FY2021 RESULTS

Index

Section 1	Executive Summary	3
Section 2	Group Presentation	5
Section 3	PITECO	22
3.1 Software and clients
Section 4	JUNIPER	33
4.1 Software and clients
Section 5	MYRIOS	41
5.1 Software and clients
Section 6	RAD	47
6.1 Software and clients
Section 7	Listing on the Stock Exchange	53
Section 8	Financial Results	55
Key contacts	61

Executive Summary

Executive Summary

PITECO GROUP is an important player active in the Financial Software market, offering Risk, Treasury & Banking software solutions.

The GROUP is listed on the MTA managed by Borsa Italiana.

It is developing a challenging internationalization and diversification process, driven by 4 business lines:

• 1. PITECO Spa, the leading Italian Software House for Corporate Cash Management and Financial Planning serving more than 650 large industrial groups active in a highly diversified number of business sectors.

• 2. JUNIPER PAYMENTS LLC, Software House leader in the USA with proprietary solutions for digital payments and clearing house services to approximately 3.300 American Banks, It can be considered one of the largest US interbank networks.

• 3. MYRIOS Srl, an Italian Software House offering Risk Management, Capital Markets and Compliance software dedicated to Banks (60% of revenues) as well as to the manufacturing and service industries (40%).

4.

RAD informatica Srl, the leading Italian Software House for the Credit recovery process software of non-performing loans for Banks and Financial Institutions, managing approximately 70% of the aggregate amount of Italian NPLs.

PITECO GROUP FINANCIAL STATEMENTS FY2021:

• • Revenues: € 39.0 million, +58% (FY2020: € 24.7 million)

• • EBITDA: € 17.6 million, +78% (FY2020: € 9.9 million)

• • EBITDA margin: 45% (FY2020: 40%)

• • Pre-tax Profit: € 12.4 million, +71% (FY2020: € 7.3 million)

• • Net Profit: € 11.9 million, +67% (FY2020: € 7.1 million)

• • Operating cash flow: € 14.2 million (80% Ebitda)

• • Net Financial Position: € 35.0 million (FY2020: € 40.3 million)

• • Net Financial Position including Put option: € 58.0 million (FY2020: € 65.0 million)

SIGNIFICANT EVENTS SUBSEQUENT 31 December 2021

Piteco Spa on February 9, 2022 acquired a 0.60% stake in RAD Informatica Srl. It currently holds 80.60% of the company.

Group Presentation