The Board of Directors of DHH S.p.A. has examined and approved the consolidated financial statements report for the first half of 2020

Double-digit organic growth on revenue despite Covid-19, EBITDA margin as a percentage of sales more than doubled passing from 7% to 15%, cash conversion from operating cashflow to EBITDA equal to 117%, debt to equity ratio equal to zero, EPS grown by 559% to EUR 0,145, recurring revenue close to 100% FINANCIAL HIGHLIGHTS IMPORTANT NOTE: THESE ARE THE ORGANIC RESULTS OF DHH. THEY DON’T TAKE INTO ACCOUNT THE DEAL WITH SEEWEB APPROVED ON 30 JUNE 2020 SINCE THE TRANSACTION WILL BE EFFECTIVE STARTING FROM THE END OF OCTOBER 2020. FURTHER DETAILS ABOUT THE CONSOLIDATED RESULTS INCLUDING SEEWEB ARE PUBLISHED IN THE PRESS RELEASE ▪ OPERATING REVENUES EQUAL TO EUR 3,7 MILLION VERSUS EUR 3,4 MILLION AS OF 30 JUNE 2019 (+10%) ▪ EBITDA EQUAL TO EUR 547 THOUSAND VERSUS EUR 242 THOUSAND AS OF 30 JUNE 2019 (+126%) ▪ NET RESULT EQUAL TO EUR 215 THOUSAND VERSUS EUR 31 THOUSAND AS OF 30 JUNE 2019 (+601%) ▪ NET FINANCIAL POSITION EQUAL TO EUR 2,41 MILLION, OF WHICH: EUR 2,66 MILLION (CASH EQUIVALENT); EUR 13 THOUSAND (CURRENT FINANCIAL ASSETS); EUR 98 THOUSAND (CURRENT FINANCIAL DEBT) AND EUR 168 THOUSAND (NON-CURRENT FINANCIAL DEBT) ▪ OPERATING CASHFLOW EQUAL TO EUR 640 THOUSAND VERSUS EBITDA EQUAL TO EUR 547 THOUSAND - CASH CONVERSION EQUAL TO 117% ▪ EPS EQUAL TO EUR 0,145 VS EUR 0,022 AS OF 30 JUNE 2019 (+559%)