Digital Value S p A : Separate and Consolidated Financial Statements as of December 31, 2025

It is noted that the audit of the financial statements included in this press release has not yet been completed.

The Annual Financial Report will be published within the deadlines required for participation in the Shareholders' Meeting, complete with the reports of the independent auditors and the Board of Statutory Auditors, in the dedicated sections of the Company's institutional website.

KEY FIGURES FOR 2025

Consolidated net revenues amounted to €640.3 million.

The performance of consolidated revenues was impacted (-€175.5 million compared to the previous financial year) by judicial events that occurred between 14 and 15 October 2024, involving Mr. Massimo Rossi (former Chairman and Chief Executive Officer of the Company and former Sole Director of Italware S.r.l.) and Digital Value itself (as well as its subsidiaries Italware S.r.l., ITD Solutions S.p.A. and Dimira S.r.l.), in addition to the persistent uncertainty affecting the macroeconomic environment and the relevant market sector.

An analysis of Consolidated Revenues by Business Line shows:

• Next Generation Data Center, with revenues of €341.4 million, down €87 million compared to the previous year. This business line includes numerous activities related to the development and maintenance of next-generation networks, platforms, and data centers.

• Digital Business Transformation, with revenues of €147 million, down €86 million compared to the previous financial year. The activities within this segment show a growing share of projects and services in the Cyber Security domain, in response to the increase in cyberattacks and the resulting demand from customers for preventive and corrective solutions.

• Smart Workplace Transformation, with revenues of €151.9 million, substantially in line with the

Headquarter ROMA:

Via della Maglianella 65/E

MILANO:

Via Galileo Galilei 7

Altre sedi:

Ancona, Bologna, Napoli,

C.F. - P. IVA e Numero Registro Imprese di Roma:

00166 Roma, Italia

Tel. +39 06 66411156

20124 - Milano (MI) Italia Tel. +39 02 62610400

Prato

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previous financial year. Within this business line, dedicated to workplace management solutions, Digital Value stood out for the competitiveness of its offering, characterized by innovative solutions and an efficient, widespread distribution and delivery model.

EBITDA* amounted to €62 million (9.7%), down €29.8 million compared to 2024.

EBIT amounted to €26.4 million (4.1%), down €30 million compared to 2024

.

Total net profit was €11.9 million (- €23.7 million compared to 31 December 2024) of which €-1.6 million attributable to minority interests.

Net financial position showed net cash of €114.6 million, improving by €120.4 million compared to the end of the previous financial year.

Investments amounted to €9.4 million.

With reference to Financial Management, Digital Value, considering the decline in Sales and Services Revenues recorded during the year, reflects the resulting dynamics of Net Working Capital. In summary, it benefited positively from the acceleration in the deployment of inventories and from the combined and offsetting effects of trade receivables and payables dynamics.

* EBITDA is defined as profit/(loss) for the year before (i) income taxes, (ii) net financial expenses and foreign exchange gains/(losses),

(iii) depreciation and amortization; and (iv) income and costs that are significant in nature and not representative of ongoing operating activities.

The separate financial statements of the Parent Company, Digital Value, as at 31 December 2025, show a net profit of €31.8 million.

The Board of Directors has resolved to propose to the Shareholders' Meeting that this net profit be carried forward.

Sustainability Statement

Starting from the 2025 financial year, the Digital Value Group prepares its Consolidated Sustainability Reporting in compliance with the obligations set forth by Legislative Decree No. 125/2024, implementing Directive (EU) 2022/2464 (the so-called "CSRD").

The Sustainability Statement as at December 31, 2025, also approved by the Board of Directors, includes information on ESG strategy, governance, and environmental and social performance, contributing to transparency and accountability towards all stakeholders.

The manager in charge of preparing the corporate financial documents, Alessandro Pasqualin, pursuant to Article 154-bis, paragraph 2, of the Consolidated Law on Finance, declares that the accounting information contained in this press release corresponds to the underlying documentary evidence, accounting books, and records.

Other Information

The Board of Directors, which met today, resolved to convene the Ordinary Shareholders' Meeting on 12 and 13 May 2026, on first and second call respectively, to resolve on: (i) the financial statements as at 31 December

Headquarter ROMA:

Via della Maglianella 65/E

MILANO:

Via Galileo Galilei 7

Altre sedi:

Ancona, Bologna, Napoli,

C.F. - P. IVA e Numero Registro Imprese di Roma:

00166 Roma, Italia

Tel. +39 06 66411156

20124 - Milano (MI) Italia Tel. +39 02 62610400

Prato

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2025 and the allocation of the net profit for the year; (ii) the Second Section of the Remuneration Report; (iii) the appointment of the Board of Directors; and (iv) the appointment of the Board of Statutory Auditors.

The notice of call of the above Shareholders' Meeting will be published within the terms set by law and made available on the Company's website (www.digitalvalue.it, section "Investor Relations - Shareholders' Meetings") and on the authorised storage mechanism "eMarket STORAGE" (www.emarketstorage.com).

The documentation relating to the Shareholders' Meeting - including the explanatory reports on the items on the agenda with the full text of the proposed resolutions and the slates submitted by shareholders for the renewal of the corporate bodies - will be made available to the public, within the terms set by law, at the Company's registered office (via della Maglianella, 65/E - 00166 Rome), as well as on the Company's website (www.digitalvalue.it, section "Investor Relations - Shareholders' Meetings") and on the authorised storage mechanism "eMarket STORAGE" (www.emarketstorage.com).

Further to what was disclosed on 26 February and 5 March 2026 regarding the acceleration of the "Digital Value

S.p.A. 2025-2027 Incentive Plan" approved by the Shareholders' Meeting of 26 June 2025 (the "Plan"), please note that - following the change of control of the Company that occurred on 5 March 2026 - pursuant to the Plan, a total of 92,423 rights to receive an equal number of Company shares have vested early in favour of 20 beneficiaries of the Plan (of which 17,620 are treasury shares held by the Company and the remaining 74,803 are newly issued shares). Among the aforementioned beneficiaries is the Chief Executive Officer, Paolo Vantellini, to whom no. 27,485 shares will be granted, Riccardo Benedini, to whom 17,620 shares will be granted, as well as other no. 3 Key Managers with Strategic Responsibilities of the Company, to whom an aggregate of no. 21, 497 shares will be granted.

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This press release is also available on the company's website https://www.digitalvalue.it , and on the authorized storage system eMarket Storage at https://www.emarketstorage.com

***

Annex No. 1 - Consolidated Income Statement as of December 31, 2025 Annex No. 2 - Consolidated Balance Sheet as of December 31, 2025 Annex No. 3 - Consolidated Cash Flow Statement as of December 31, 2025

Annex No. 4 - Income Statement of Digital Value S.p.A. as of December 31, 2025 Annex No. 5 - Balance Sheet of Digital Value S.p.A. as of December 31, 2025

Digital Value S.p.A. is the parent company of a Group that is a leading player in the Italian IT solutions and services market. It reported consolidated revenues of €640.3 million and has over 530 employees (source: consolidated financial statements as of December 31, 2025). The Group engages in research, design, development, and commercialization of ICT solutions and services for the digital transformation of large

Headquarter ROMA:

Via della Maglianella 65/E

MILANO:

Via Galileo Galilei 7

Altre sedi:

Ancona, Bologna, Napoli,

C.F. - P. IVA e Numero Registro Imprese di Roma:

00166 Roma, Italia

Tel. +39 06 66411156

20124 - Milano (MI) Italia Tel. +39 02 62610400

Prato

[email protected]

10400090964

Rea: RM 1554887

enterprise clients in strategic sectors-Telecommunications, Transportation, Utilities, Finance, Industry, and Public Administration-which drive the ICT market. Digital Value offers comprehensive solutions to meet the technology innovation needs of key market segments, thanks to its continuous and significant growth path and consolidated specialized expertise. Its success is based on the uniqueness of its know-how, the specialization of its human capital, and its recognized ability to plan, implement, and manage innovative digitalization projects.

Digital Value has been listed on the Euronext Milan market since May 2023.

Info

Via Della Maglianella 65/E, 00166 Roma

E-mail [email protected]

Alessandro Pasqualin

Headquarter ROMA:

Via della Maglianella 65/E

MILANO:

Via Galileo Galilei 7

Altre sedi:

Ancona, Bologna, Napoli,

C.F. - P. IVA e Numero Registro Imprese di Roma:

00166 Roma, Italia

Tel. +39 06 66411156

20124 - Milano (MI) Italia Tel. +39 02 62610400

Prato

[email protected]

10400090964

Rea: RM 1554887

Annex No. 1 - Consolidated Income Statement as of December 31, 2025

Headquarter ROMA:

Via della Maglianella 65/E

MILANO:

Via Galileo Galilei 7

Altre sedi:

Ancona, Bologna, Napoli,

C.F. - P. IVA e Numero Registro Imprese di Roma:

00166 Roma, Italia

Tel. +39 06 66411156

20124 - Milano (MI) Italia Tel. +39 02 62610400

Prato

[email protected]

10400090964

Rea: RM 1554887

00166 Roma, Italia Tel. +39 06 66411156 20124 - Milano (MI) Italia Tel. +39 02 62610400 Prato [email protected] 10400090964 Rea: RM 1554887 Cap. Soc. i.v. 1.588.885,60€