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doValue Press release THE BOARD OF DIRECTORS APPROVES THE CONSOLIDATED INTERIM REPORT AT MARCH 31 , 2021 Main consolidated results and KPIs at March 31 , 2021 compared to March 31 , 2020 : • • • • • • • • • Portfolio under management of € 161.2 billion ( Gross Book Value ) , increasing from € 157.7billion at the end of 2020 ( € 134.8 billion at the end of March 2020 ) ; New servicing contracts worth over € 2.0 billion ( Gross Book Value ) , in line with the targets set for the whole year , in addition to the onboarding of the Icon portfolio for € 2.6 billion ; Inflows from long - term ( " forward flow agreement " ) of € 1.0 billion , reaching half of the € 2.0 billion target set for 2021 ; Gross revenues of € 123.7 million , up 47 % from € 84.3 million ; EBITDA excluding non - recurring items reached € 35.8 million , + 83 % compared to € 19.5 million ; EBITDA margin excluding non - recurring items at 29 % ( 23 % in Q1 2020 ) ; Net profit attributable to the shareholders of the Parent Company excluding non - recurring items is equal to € 5.5 million , compared to a negative result of - € 0.7 million in the first quarter 2020 ; Net financial position ( net debt ) negative for € 376.5 million , improving from € 410.6million at the end of 2020 ; operating cash flow generation of approximately € 18.8 million , a record level both in relative terms ( cash conversion rate ) and in absolute terms in a generally weak quarter due to seasonality ; Pro Forma Leverage¹ ( net financial position as a ratio of EBITDA ) equal to 2.5x , compared to 2.7x at the end of 2020 ; € 1.5 million minority investment in the Brazilian fintech Quero Quitar , a platform for the digital management of small unsecured tickets NPL with a 10 % stake acquisition . *** E - MARKET SDIR CERTIFIED 1 Pro Forma to include the effects of Altamira Asset Management and FPS ( now doValue Greece ) acquisitions . doValue S.p.A. già doBank S.p.A. Viale dell'Agricoltura , 7-37135 Verona ( VR ) T : 800 44 33 94- F : +39 045 8764 831 Mail : infodvl@dovalue.it dovalue.pec@actaliscertymail.it Sito web : www.dovalue.it Sede Legale in Verona , Viale dell'Agricoltura , 7- Iscrizione al Registro Imprese CCIAA di Verona CCIAA / NREA : VR / 19260 Codice Fiscale n ° 00390840239 e Partita IVA nº 02659940239 - Capitale Sociale € 41.280.000 interamente versato .