Wiit S p A : Four-year renewal for a value of Euro 3.3 million of the “Smart Working as a Service” contract and extension of the scope of services to the Cyber Security platform with a leading Credit Management services enterprise

PRESS RELEASE

WIIT:

Four-year renewal for a value of Euro 3.3 million of the "Smart Working as a Service" contract and extension of the scope of services to the Cyber Security platform with a leading Credit Management services enterprise

March 11, 2021 - Wiit S.p.A. ("WIIT" or the "company"; ISIN IT0004922826; WIIT.MI), a leading European player in the Cloud Computing market for enterprises demanding uninterrupted Hybrid Cloud and Hosted Private Cloud services for critical applications, has signed the four-year renewal of the contract with a leading Credit Management services enterprise for a value of approx. Euro 3.3 million.

The scope of the contract, in addition to the renewal of the "Smart Working as a Service", has also been extended to WIIT's Cyber Security platform. In particular, the Customer has adopted innovative Data Governance services for its Hybrid Cloud environments that will also enable controlled access to proprietary confidential information. This extension confirms that Cyber Security is now a key element that customers recognize as an integral part of the Hybrid and Private Cloud model.

The Customer has embarked on a major expansion and together with the growth of the business has seen an increase in the number of users needed to meet market demands, which have increased in the three-year period from less than 100 to around 400. WIIT's ongoing services - based on a consolidated governance model which meets and combines business and operational needs - has allowed users to operate at full capacity even amid the COVID-19 pandemic.

"The renewed trust of such a prestigious Customer confirms both our credibility and the strength of WIIT's premium services solutions for critical applications and information, and its crucial ability to enable and support the operations of our Customers, both centrally and locally, regardless of the restrictions imposed by the health emergency," stated Alessandro Cozzi, CEO of WIIT, "We are proud that WIIT's Cyber Security platform is increasingly recognised by our customers as an indispensable guarantee for the continuity of critical business processes."

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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. This company specialises in Hosted Private and Hybrid Cloud services for enterprises requiring critical application and business continuity management, with all the main international application platforms managed (SAP, Oracle and Microsoft) using an end-to-end approach. WIIT manages proprietary data centers, with the main center Tier IV level certified by the Uptime Institute LLC of Seattle

(USA). This is the highest possible level of reliability, while the company is also among the world's most certified SAP partners. For further details, reference should be made to the company website (wiit.cloud).

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