The Board of Directors of DHH S.p.A. has examined and approved the consolidated financial statements report for the first half of 2018

Double-digit growth on all the main financial KPIs (net sales, EBITDA, net profit) Cashflow before NWC changes up 31% Continuing growth in sales across all subsidiaries Improved EBITDA margin, as operating expenses scale with revenue Strong net cash position and almost zero debt Robust cash conversion - OCF/EBITDA = 100% FINANCIAL HIGHLIGHTS: NET SALES EQUAL TO EUR 2,9 MILLION VERSUS EUR 2,3 MILLION AS OF 30 JUNE 2017 (+24%) EBITDA EQUAL TO EUR 277 THOUSAND VERSUS EUR 215 THOUSAND AS OF 30 JUNE 2017 (+29%) NET RESULT EQUAL TO EUR 103 THOUSAND VERSUS EUR 85 THOUSAND AS OF 30 JUNE 2017 (+21%) NET FINANCIAL POSITION EQUAL TO EUR 2,68 MILLION, OF WHICH: EUR 2,73 MILLION (CASH AND CASH EQUIVALENT); EUR 39 THOUSAND (CURRENT FINANCIAL DEBT) AND EUR 8 THOUSAND (NON-CURRENT FINANCIAL DEBT)