SaaS Annual Recurring Revenues up 33.3% - CPaaS Sales up 52.4%

Milan, 11 July, 2022 – Growens S.p.A. –GROW (the “Company” or the “Issuer” or “Growens”), a company admitted to trading on the multilateral trading facility Euronext Growth Milan and operating in the cloud marketing technology field, has announced today certain data from management accounts, related to the business lines SaaS (Software as a Service) and CPaaS (Communication Platform as a Service). Data show the following results: - as per the SaaS business line, an ARR of 27.7M EUR as of June 2022, growing 33.3% vs the same period in 2021 (or 19% organic); - as per the CPaaS business line, gross sales growing 52.4% in Q2 2022 at 16.4M EUR, vs 10.7M EUR in Q2 2021. The Board of Directors appointed Luca Azzali as Corporate Development Director and passed an amendment to the purchase agreement of Datatrics