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doValue PRESS RELEASE BOARD OF DIRECTORS APPROVES THE CONSOLIDATED HALF - YEAR REPORT AS AT 30 JUNE 2021 Main consolidated results and KPIs , as at June 30th , 2021 , compared to June 30th , 2020 : • • • • • • • • • Gross Book Value growing to Euro 159.5 billion , from Euro 157.7 billion at the end of 2020 New servicing contracts in 2021 YTD worth approximately Euro 5.2 billion of Gross Book Value ( excluding Project Frontier ) , on track to achieve , and possibly exceed , the targets set for 2021 of Euro 7-9 billion Project Frontier : consortium composed by doValue , Bain and Fortress chosen by NBG as the preferred bidder for a landmark Euro 6 billion HAPS securitization which would allow doValue to exceed targets for 2021. Signing expected in the month of August Inflows from long - term forward flow agreements in 2021 YTD worth approximately Euro 2.0 billion , already meeting the Euro 2 billion target set for 2021 Gross revenues of Euro 254.2 million , + 54 % compared to Euro 165.3 million in H1 2020 EBITDA excluding non - recurring items of Euro 72.9 million , + 104 % compared to Euro 35.7 million in H1 2020 ; EBITDA margin excluding non - recurring items at 29 % ( 22 % in H1 2020 ) Net profit excluding non - recurring items of Euro 13.5 million , compared to a negative result of Euro 8.1 million in H1 2020 Net Debt of Euro 387.8 million , improving from Euro 410.6 million at the end of 2020 ; operating cash flow of Euro 36.8 million ( 51 % of EBITDA ) and free cash flow at Euro 21.4 million ( 29 % of EBITDA ) Pro Forma Leverage¹ ( net debt divided by EBITDA LTM ) equal to 2.4x , compared to 2.6x at the end of 2020 Successfully refinanced Senior Facility Agreement of Euro 249 million through the issuance of a Euro 300 million Senior Secured Notes achieving greater flexibility in the financing structure 1 Pro Forma to include the effects of the FPS ( now doValue Greece ) acquisition . 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 .