The Board of Directors of DHH S.p.A. has examined and approved the consolidated financial statements report for the first half of 2022

Another semester of double-digit growth (+26%) in revenue, with EBITDA margin above 30% despite the macroeconomic situation and the increase in energy and related costs. Stable cash generation, thanks to the business model grounded on recurring revenue and automatic payments FINANCIAL HIGHLIGHTS ▪ REVENUE EQUAL TO EUR 12,1 MILLION VERSUS EUR 9,6 MILLION AS OF 30 JUNE 2021 (+26%) ▪ RECURRING REVENUE EQUAL TO 96% OF THE TOTAL REVENUE ▪ EBITDA EQUAL TO EUR 3,7 MILLION VERSUS EUR 3,5 MILLION AS OF 30 JUNE 2021 ▪ OPERATING CASH FLOW EQUAL TO EUR 2,8 MILLION VERSUS EBITDA EQUAL TO EUR 3,7 MILLION - CASH CONVERSION EQUAL TO 76% ▪ EARNING BEFORE TAXES EQUAL TO EUR 1,7 MILLION VERSUS EUR 1,8 MILLION AS OF 30 JUNE 2021 ▪ NET CASH EQUAL TO EUR 0,9 MILLION, IMPROVED BY CA. EUR 1,9 MILLION DURING THE FIRST SEMESTER OF 2022