Successful closing of the Email Service Provider business sale to TeamSystem

Milan, 13 July, 2023 – 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, following the press releases issued on 3 February 2023, 18 May 2023 and 30 June 2023 announces that the sale of the MailUp business unit via the holdings in MailUp S.p.A. (former Contactlab S.p.A.), Acumbamail S.L., MailUp Nordics A/S and its wholly owned subsidiary Globase International A.p.S. (collectively the "Email Service Provider" business) to TeamSystem S.p.A. ("TeamSystem") (the “Deal”) was closed today.