Wiit S p A : Five-yearly renewal and extension of the scope of services to the WIIT Smart Working as a service Cloud platform

PRESS RELEASE

WIIT:

Five-yearly renewal and extension of the scope of services to the WIIT Smart Working as a

service Cloud platform for a value of approximately € 6.9 million with one of the most important international Groups leaders in the Business Process Outsourcing market

Milan, January 21, 2021 - Wiit S.p.A. ("WIIT" or the "Company"; ISIN IT0004922826; WIIT.MI), a leading Italian player in the Cloud Computing market for enterprises demanding uninterrupted Hybrid Cloud and Hosted Private Cloud services for critical applications, signed a five-yearly renewal, for a total value of approx. Euro 6.9 million, with a leading international Group in the Business Process Outsourcing services sector. The new perimeter of services also includes access to the WIIT Smart Working as a Service Platform for over 1000 people.

The Group has reconfirmed its confidence in WIIT by extending and expanding the existing contract through a five-year agreement for services related to the management of the critical environments. All services are managed and governed centrally with active support 7 days a week, 24 hours a day, and seek to ensure the usability and continuity of the customer's main critical business processes, internationally. The structured and resilient management model is based on Private Cloud technologies capable of ensuring the scalability necessary to support future growth in a fast and secure way.

The new contract reflects the growing need in the Professional Services sector for agile and resilient Cloud platforms to support digital transformation processes.

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"The renewal and the extension of this contract show how, even in Italy, the Cloud increasingly represents the enabler of digital transformation, not only for companies, but also for all companies that in turn provide services to customers". Alessandro Cozzi, CEO of WIIT stated - "The renewed confidence of such a prestigious customer, and in a segment with high potential, confirms the growing credibility and original offer of WIIT in the world of continuous Hybrid and Hosted Private Cloud services for critical applications and the ability of the entire team to meet increasingly complex needs, flanking the growth of our customers in a changing world".

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WIIT S.p.A.

WIIT S.p.A., listed on the STAR segment of the Italian Stock Exchange organised and managed by Borsa Italiana S.p.A (WIIT.MI), is a leading European Cloud Computing market player, focused particularly on the Hybrid Cloud and Hosted Private Cloud for enterprises market. The company focuses and specialises in Hosted Private and Hybrid Cloud services for enterprises requiring critical application management and business continuity and manages all the main international platforms (SAP, Oracle and Microsoft), providing an end-to-end approach. WIIT manages its own data centers, with the main center "Tier IV" certified by the Uptime Institute LLC of Seattle (United States) - the highest level of reliability possible - and is among the SAP's best certified partners. For further details, reference should be made to the company website (wiit.cloud).

For further information:

Investor Relations WIIT S.p.A.:

Stefano Pasotto - CFO & Investor Relations Director Francesca Cocco - Lerxi Consulting - Investor Relations

1. +39.02.3660.7500 Fax [phone] [e-mail] www.wiit.cloud

Media Relations:

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