SaaS Annual Recurring Revenues up 4.4% - Beefree up 15.4% - CPaaS Sales down 4.2%

Milan, 10 October, 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 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 12.7M EUR as of September 2023, growing 4.4% vs the same period in 2022; - as per the CPaaS business line, gross sales decreasing by 4.2% in Q3 2023 at 17.2M EUR, vs 17.6M EUR in Q3 2022.