Growens announces sale of Email Service Provider business to TeamSystem Group for a total consideration of 70 million Euro

Focus on acceleration of future growth and development of BEE Key info: • Deal perimeter: MailUp, Contactlab, Acumbamail, MailUp Nordics and Globase • Call of the general shareholders’ meeting, ordinary and extraordinary session, to approve the transaction and subsequent amendments to the By-Laws, on 9 March 2023 • Right of withdrawal at 4.39 Euro per share • Closing: tentatively within June 2023 Milan, 3 February, 2023 – Growens S.p.A.