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doValue PRESS RELEASE BOARD OF DIRECTORS APPROVES CONSOLIDATED INTERIM REPORT AS OF SEPTEMBER 30th , 2021 SECURED € 14.0 BILLION OF NEW GBV SINCE THE BEGINNING OF THE YEAR ACCELERATION OF COLLECTION ACTIVITY ( RATE INCREASING BY 90 BPS TO 4.0 % ) GROWTH IN REVENUES ( + 37 % ) , EBITDA ( + 49 % ) AND INCREASE IN MARGIN TO 30 % NET INCOME EXCLUDING NON - RECURRING ITEMS OF € 22.7 MILLION Gross Book Value • Gross Book Value stable at € 150.3 billion as of September 30th , 2021 Inflows from new clients of € 5.6 billion ( vs target of € 7.0-9.0 billion for 2021 ) • • • Inflows from existing clients of € 2.7 billion ( surpassed target of € 2.0 billion for 2021 ) Project Frontier important new mandate in Greece for € 5.7 billion , acquired for € 35 million Considering Project Frontier , secured Gross Book Value for € 14.0 billion since beginning of 2021 Collections equal to € 4.0 billion , + 43 % vs 9M 2020 Collection rate equal to 4.0 % , +90 bps vs end of 2020 and close to pre - COVID levels Income Statement Growth driven by normalisation of market conditions and acquisition of doValue Greece Gross Revenues equal to € 385.9 million , + 37 % vs 9M 2020 EBITDA excluding non - recurring items equal to € 116.1 million , + 49 % vs 9M 2020 • • • Net Revenues equal to € 338.8 million , + 36 % vs 9M 2020 • • • Net Income equal to € 12.8 million ( vs loss of € 4.8 million in 9M 2020 ) • Net Income excluding non - recurring items equal to € 22.7 million EBITDA Margin ( excluding non - recurring items ) at 30 % ( +2.5 p.p. vs 9M 2020 ) Balance Sheet and Cash Flow Generation • • Net Debt as of September 30th , 2021 , at € 432.0 million ( € 411.6 million as of December 31st , 2020 ) Financial Leverage stable as of September 30th , 2021 , vs December 31st , 2020 ( equal to 2.6x ) Normalisation of Financial Leverage to 2.4x already in mid - October 2021 Operating Cash Flow equal to € 48.2 million , Free Cash Flow equal to € 17.8 million Guidance for 2021 • • • Gross Revenues € 565-575 million , EBITDA excluding non - recurring items € 190-195 million Financial Leverage 2.0-2.2x by year end Dividend of at least € 0.50 per share , subject to Board of Directors approval Others • • Investment in prop - tech company BidX1 for € 10 million accelerates diversification strategy MSCI ESG Ratings increases valuation of doValue to AA level ( from A level ) 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 .