Page 1

Sesa .... PRESS RELEASE APPROVAL OF THE INTERIM REPORT FOR THE FIRST QUARTER AS OF JULY 31 , 2021 First Quarter results as of 31 July 2021 ( comparison with results as of 31 July 2020 ) - - Consolidated Revenues and Other Income : Eu 552.8 million ( + 13.3 % ) Consolidated Ebitda : Eu 38.5 million ( + 35.7 % ) Ebitda margin equal to 7.0 % vs 5.8 % in the first quarter of the previous Fiscal Year Consolidated Adjusted Net profit attributable to the Group¹ : Eu 18.9 milioni ( + 46.1 % ) Consolidated management NFP² active ( cash & liquidity ) equal to Eu 137.2 million vs Eu 34.0 million The investments in human resources continue reaching the threshold of 3,567 employees ( vs 2,842 + 25.5 % Y / Y ) In light of the quarterly results , favourable outlook and increase in profitability guidance are confirmed for the Fiscal Year as of April 30 , 2022 Empoli ( FI ) , September 14 , 2021 The Board of Directors of Sesa S.p.A. , reference player in Italy in technological innovation and digital services for the business segment , today approved the consolidated Interim Report as of July 31 , 2021 relative to the first quarter of the Fiscal Year ending April 30 , 2022 , prepared in accordance with EU - IFRS accounting standards . The profitability of the Group in the first quarter of the current Fiscal Year grows above expectations and increases by about 2.5 times compared to the average annual growth recorded in the period 2011- 2021 ( CAGR Ebitda + 13.9 % and CAGR EAT + 17.5 % ) . The Group further strengthens its positioning in the sector of services and solutions for the digital transformation of companies , in the current phase of recovery from the pandemic emergency characterized by the acceleration of the demand for digitalization , with growth forecasts for the Information Technology reference market equal to annual average of 7.2 % for the three - year period 2021-2023 . In the quarter considered , the Group benefited from the contribution deriving from external growth , equal to approximately 50 % of the growth in the period , developing skills and human capital which reaches a total of 3,567 employees compared to 2,842 as of July 31 , 2020 . At consolidated level , Revenues and Other Income in the first quarter grow by 13.3 % and amount to Eu 552.8 million , with a significant development of all sectors of the Group : VAD sector achieves Revenues and Other Income equal to Eu 429.5 million ( + 10.1 % Y / Y ) favoured by the development in the Security , Cloud and Digital Green segments ; SSI Sector achieves Revenues and Other Income equal to Eu 129.5 million ( + 21.8 % Y / Y ) thanks to the development in the areas with the greatest growth of digital transformation ( Cloud , Digital Security , Software and Vertical Applications , Managed Services , Digital Engineering ) ; 1 Adjusted Net Profit attributable to the Group before amortisation and depreciation of intangible assets ( client lists and know - how ) recorded following the Purchase Price Allocation ( PPA ) relating to corporate acquisitions , net of the related tax effect , equal to Eu 1,743 thousand as of July 31 , 2021 2 Management Net Financial Position , calculated gross of liabilities to minorities shareholders and Earn Out for M & A for Eu 89,241 thousand , compared to Eu 24,883 thousand as of July 31 , 2020. Total NFP Reported as of July 31 , 2021 active for Eu 47,975 thousand , vs Eu 9,164 thousand as of July 31 , 2020 SeSa S.p.A. headquarters in Empoli ( Florence ) , Via della Piovola 138 , Share Capital Euro 37,126,927.50 f.p. , VAT number , Fiscal and number on the Florence Company Register 07116910964 Ph . Number : 00 39 0571 997444 ; website www.sesa.it