Draft individual and consolidated financial statements as of 31 December 2022

Key info: • Consolidated REVENUES of EUR 103.4M, +45% versus 31 December 2021 • Consolidated foreign REVENUES of EUR 65.8M, +72% versus 31 December 2021 • Consolidated EBITDA of EUR 4.1M, -21% versus 31 December 2021 • Consolidated NET RESULT of EUR -2.6M, -35% versus 31 December 2021, due to Contactlab’s acquisition costs and investments on BEE • NET FINANCIAL POSITION of EUR 66k cash versus EUR 6.5M cash on 31 December 2021 • SUSTAINABILITY REPORT: The Board of Directors reviewed the fourth edition for the FY2022, posting Economic Value Distributed ca. EUR 102M • Email Service Provider sale for a total consideration of EUR 70M: closing expected in June 2023 Milan, 21 March, 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, has announced today that the Board of Directors passed a resolution to approve the draft individual and consolidated report for the full year ended on 31 December 2022, prepared in compliance to international accounting standards (IAS/IFRS). The approved data will be submitted to BDO and to the Board of Statutory Auditors for their review. Consolidated figures show a significant growth, 45.1% for FY2022 revenues at 103.4M EUR vs. 71.2M EUR in FY2021; and -21.2% for FY2022 EBITDA at 4.1M EUR (+5% at 5.4M EUR adjusted for one-offs) vs. 5.2M EUR in FY2021.