The Board of Directors of DHH S.p.A. examined and approved the consolidated financial statements report for the first half of 2023

Another semester of double-digit growth (+38%) in revenues, with profitability increased by 44%. Strong cash generation, thanks to the business model grounded on recurring revenues and automatic payments. Industrial focus on the development of cloud GPU products for AI, Machine Learning and Deep Learning applications CONSOLIDATED FINANCIAL HIGHLIGHTS - 30 JUNE 2023 VS 30 JUNE 2022 NET SALES EQUAL TO EURO 16,5M VS EURO 12,1M +37% RECURRING REVENUES EQUAL TO 94% OF THE TOTAL REVENUES EBITDA ADJ EQUAL TO EURO 5,4M VS EURO 3,7M +44% EBIT ADJ EQUAL TO EURO 2,6M VS EURO 1,8M +40% NET PROFIT ADJ EQUAL TO EURO 1,4M VS EURO 1,2M +16% OPERATING CASH FLOW EQUAL TO EURO 5,6M VS EBITDA ADJ EQUAL TO EURO 5,4M – CASH CONVERSION EQUAL TO 104% NET FINANCIAL POSITION EQUAL TO EURO 5,6M (DEBT), INCLUDING CASH AVAILABILITIES EQUAL TO EURO 10,9M