Wiit S p A : Acquisition of Econis AG completed WIIT enters the Swiss Market

PRESS RELEASE

ACQUISITION OF ECONIS AG COMPLETED

WIIT ENTERS THE SWISS MARKET

Milan, 6 May, 2024 - Following the press release on March 26, 2024, WIIT S.p.A. ("WIIT" or the "Company"; ISIN: IT0005440893; WIIT.MI), one of the leading European players in the enterprise cloud computing services market, focused on the provision of continuous Hybrid and Hosted Private Cloud services for critical applications, announces that, in performance of the agreement entered into on March 26, 2024, the purchase of 100% of Econis AG, a Zurich-basedcompany active in the Swiss market, has been completed.

Following the completion of the transaction WIIT enters into the new market of the German Switzerland, which is highly synergetic and promising in terms of both organic and external growth opportunities.

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This press release contains forecasts and estimates that reflect the current views of the Group's management regarding future events. Forecasts and estimates are typically identified by expressions such as "it is possible", "it should be", "it is forecast", "it is expected", "it is estimated", "it is believed", "it is intended", "it is planned", "objective" or by the negative use of these expressions or other variations of these expressions or by the use of comparable terminology. These forecasts and estimates include, but are not limited to, all information other than factual information, including, without limitation, that relating to the Group's future financial position and operating results, strategy, plans, objectives and future developments in the markets in which the Group operates or intends to operate. As a result of such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking information as a prediction of actual results. The Group's ability to achieve its expected results depends on many factors beyond management's control. Actual results may differ significantly from (and be more negative than) those predicted or implied by the forecast data. These forecasts and estimates involve risks and uncertainties that could have a material impact on expected results and are based on basic assumptions. The forecasts and estimates made therein are based on information available to the Group as of today. The Group does not undertake any obligation to publicly update and revise forecasts and estimates as a result of the availability of new information, future events or otherwise, except as provided by applicable laws.

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WIIT S.p.A.

WIIT S.p.A., a company listed on the Euronext Star Milan ("STAR") segment, is a leader in the cloud computing market. The company has a pan-European footprint and is present in key markets, such as Italy and Germany, positioning itself among the leading players in the supply of innovative Hosted Private and Hybrid Cloud technology solutions. WIIT operates its own data centres in 6 regions - 4 in Germany and 2 in Italy - of which 2 are Premium Zone-enabled, i.e. with Tier IV data centres certified by the Uptime Institute and with the highest levels of security in the design phase. WIIT has 6 SAP certifications at the highest level of specialisation. Its end-to-end approach enables the company to provide its partner businesses with customised, high value-added services with the highest security and quality standards for the management of critical applications and business continuity, while guaranteeing maximum reliability in the implementation of the main international application platforms (SAP, Oracle and Microsoft). Since 2022, the WIIT Group has joined the United Nations Global Compact.

(www.wiit.cloud)

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