Call Notice Publication and Filing of the Documents for the Ordinary Shareholders’ Meeting May 8, 2024

Call Notice Publication and Filing of the Documents for the Ordinary Shareholders’ Meeting

Milan, 23rd April 2024 — Datrix S.p.A. (“Datrix” or the “Company”), a leader in the development of Augmented Analytics solutions and services based on Artificial Intelligence and Machine Learning Models for the data-driven growth of companies, listed on Euronext Growth Milan, ISIN code IT000546837, hereby announces that the call notice of ordinary shareholders’ meeting of the Company convened for 8 May 2024, at 2:30, at the Company’s offices at Foro Buonaparte, 71, 20121 – Milan (MI), has been published on the Company’s website at https://investors.datrixgroup.com/en/assemblee-e-documenti-assembleari/, at the dissemination system (SDIR) “eMarket Storage” available at www.emarketstorage.com and, in excerpts, in the daily newspaper “Italia Oggi”.

Furthermore, it is hereby announced that the annual financial report for the financial year 2023, which includes, inter alia, the draft financial statements for the year ended 31st December 2023, the consolidated financial statements, the management report of the Board of Directors, as well as the reports of the Board of Statutory Auditors and the Independent Auditors, the forms for granting proxies and sub-delegations to the designated representative and the illustrative report of the Board of Directors on the items on the agenda, are available to the public at the Company’s registered office and on the Company’s website at https://investors.datrixgroup.com/it/report/.

The Company reminds shareholders that participation in the meeting will take place exclusively through the designated representative Monte Titoli S.p.A. with registered office in Piazza Affari 6, 20213, Milan.

Annexed to this press release are the reclassified balance sheet, income statement and cash flow statement updated with reference to both the issuer’s and the consolidated figures.

This press release is available on the company’s website at https://investors.datrixgroup.com/en/press-releases/, as well as at the “eMarket Storage” dissemination system (SDIR) available at www.emarketstorage.com.

About Datrix

Datrix is an international Group listed on Euronext Growth Milan that develops Artificial Intelligence solutions and applications to accelerate data-driven growth of companies through highly specialized tech companies in vertical markets.

The Group is active with AI-Based solutions in 2 business areas: AI for Data Monetization (to maximize growth opportunities in the Martech, AdTech and FinTech sectors by transforming data into tangible value) and AI for Industrial/Business Processes (to optimize the efficiency of industrial and business processes including e.g. power plants, transportation infrastructure, manufacturing and logistics processes).

Since 2019 Datrix has also accelerated its growth path through acquisitions in Italy and abroad. The following brands are now part of the Datrix Group: Adapex, Aramix, ByTek, FinScience.

Datrix is also a technology partner of international consortia for important R&D projects (funded by the European Union and Italy) based on Artificial Intelligence algorithms in Lifescience/Healthcare, Social Well-being, Cybersecurity.

Datrix operates in Italy, the United States and UAE.

Read more at www.datrixgroup.com

For more information:

• Investor Relations: Giuseppe Venezia, tel. +39 0276281064 — ir@datrixgroup.com
• Investor Relations Consultant: Francesca Cocco (Lerxi Consulting) — ir@datrixgroup.com
• Euronext Growth Advisor: Alantra / Stefano Bellavita, tel. +39 0263671601 — stefano.bellavita@alantra.com
• Marketing & Communication: Martina Costa (CMO Datrix) — martina.costa@datrixgroup.com
• Ufficio Stampa: Spriano Communication & Partners
  Matteo Russo, mob. +39 3479834881 — mrusso@sprianocommunication.com
  Jacopo Ghirardi, mob. +39 3337139257 — ufficiostampa@sprianocommunication.com

Consolidated Financial Statement — Profit & Loss

Profit & Loss	31/12/2023	31/12/2022
Revenues from sales and services	14,645,012	16,163,706
R&D Grants	643,705	655,491
Total operating revenues	15,288,717	16,819,197
Increases in fixed assets	2,100,583	2,881,024
Other revenues	53,803	—
Total value of production	17,443,103	19,700,221
Cost of raw materials, consumables and merchandise	-20,290	-33,813
Cost of services	-10,942,300	-13,054,908
Cost of rents and leases	-370,211	-421,020
Personnel costs	-6,244,728	-6,673,143
Other operating expenses	-134,861	-165,717
Total operating costs	-17,712,390	-20,348,600
EBITDA Adjusted	-269,287	-648,379
% on revenues	-2%	-4%
Extraordinary items	366,737	110,425
EBITDA	97,450	-537,954
% on revenues	4.6%	-18.7%
Amortizations and depreciations	-3,580,744	-3,021,028
Difference between production value and costs	-3,483,294	-3,558,982
% on revenues	-22.8%	-21.2%
Financial Income (Expenses)	-95,985	54,553
Adjustments to the value of current financial assets	-78,171	-43,483
Pre-tax profit (loss)	-3,657,450	-3,547,912
% on revenues	-23.9%	-21.1%
Income taxes, current, deferred and prepaid	40,192	855,047
Profit (loss) for the year	-3,617,258	-2,692,865
% on revenues	-23.7%	-16.0%
Minorities result	5,757	—
Consolidated profit (loss)	-3,611,501	-2,692,865

Consolidated Financial Statement — Balance Sheet

Balance Sheet	31/12/2023	31/12/2022
Intangible Assets	11,963,156	11,918,971
Tangible Assets	103,651	132,367
Financial Assets	235,549	247,061
Total Fixed Assets	12,302,356	12,298,399
Trade Receivables	7,849,798	8,140,328
Tax Receivables	912,675	1,107,070
Deferred and prepaid Taxes	3,049,622	3,023,789
Other receivables	189,500	51,395
Total Receivables	12,001,595	12,322,582
Current financial assets	982,014	2,555,196
Deposit accounts	8,969,657	5,486,190
Cash on hand	496	430
Total cash and cash equivalent	9,952,167	8,041,816
Total Current Assets	21,953,762	20,364,398
Accruals and Prepayments	196,727	336,923
TOTAL ASSETS	34,452,845	32,999,720
Share Capital	167,378	165,780
Reserves	24,190,094	23,849,420
Retained earnings (losses)	-6,754,181	-4,051,394
Current earnings (losses)	-3,611,501	-2,692,865
Minorities	562	—
Total consolidated net equity	13,992,352	17,270,941
Provision for taxes, even deferred	265,775	335,432
Financial derivative liabilities	—	—
Other provisions	180,995	562,535
Total provisions	446,770	897,967
Employees’ termination benefit provision	756,593	700,289
Shareholders’ financing	3,575,835	—
Financial liabilities	3,222,368	1,944,828
Trade Payables	6,225,968	6,438,827
Tax Payables	485,783	464,004
Payables to social security and welfare institutions	355,152	324,410
Other payables	4,059,152	3,907,189
Total Payables	17,924,258	13,079,258
Accruals and Deferrals	1,332,872	1,051,265
TOTAL LIABILITIES	34,452,845	32,999,720

Consolidated Financial Statement — Cash Flow Statement

Cash Flow Statement	31/12/2023	31/12/2022
Consolidated Profit (Loss)	-3,611,501	-3,547,912
Non cash items	3,957,837	3,404,423
Change in working capital	689,859	-947,524
Other changes	-599,350	-917,634
Cash flow from operating activities	436,845	-2,008,647
Cash flow from investing activities	-3,291,979	-3,617,562
Capital increases	10,411	609,631
Change in financial liabilities *	4,968,984	-951,062
Equity investments	-213,910	—
Cash flow from financial activities	4,765,485	-341,431
Cash flow of the year	1,910,351	-5,967,640
Initial available cash	8,041,816	14,009,456
Year end available cash	9,952,167	8,041,816

* With reference to 2023, the item includes 3,575,835 Euros related to advances received for the funded project “Better”, which Datrix S.p.A., as the lead partner, will distribute to the other research project partners.

Datrix S.p.A. Financial Statement — Profit & Loss

Profit & Loss	31/12/2023	31/12/2022
Total operating revenues	1,500,394	2,063,090
Increases in fixed assets	288,797	297,230
Other revenues	131,010	204,887
Total value of production	1,920,201	2,565,207
Cost of raw materials, consumables and merchandise	-4,657	-10,366
Cost of services	-2,010,546	-2,618,111
Cost of rents and leases	-136,938	-172,953
Personnel costs	-1,950,284	-2,030,373
Other operating expenses	-72,602	-42,067
Total operating costs	-4,175,027	-4,873,870
EBITDA	-2,254,826	-2,308,663
% on revenues	-780.8%	-776.7%
Amortizations and depreciations	-589,622	-483,070
Difference between production value and costs	-2,844,448	-2,791,733
% on revenues	-189.6%	-135.3%
Financial Income (Expenses)	-17,691	36,429
Adjustments to the value of current financial assets	-2,535	-28,005
Pre-tax profit (loss)	-2,864,674	-2,783,309
% on revenues	-190.9%	-134.9%
Income taxes, current, deferred and prepaid	30,537	694,344
Profit (loss) for the year	-2,834,137	-2,088,965
% on revenues	-188.9%	-101.3%

Datrix S.p.A. Financial Statement — Balance Sheet

Balance Sheet	31/12/2023	31/12/2022
Intangible Assets	1,623,263	1,436,716
Tangible Assets	44,811	55,606
Financial Assets	10,304,792	9,378,333
Total Fixed Assets	11,972,866	10,870,655
Trade Receivables	4,353,409	2,971,610
Tax Receivables	196,276	111,196
Deferred and prepaid Taxes	2,400,366	2,369,829
Other receivables	12,579	11,289
Total Receivables	6,962,630	5,463,924
Current financial assets	982,014	2,554,987
Deposit accounts	5,980,790	3,328,994
Cash on hand	224	70
Total cash and cash equivalent	6,963,028	5,884,051
Total Current Assets	13,925,658	11,347,975
Accruals and Prepayments	113,945	232,190
TOTAL ASSETS	26,012,469	22,450,820
Share Capital	167,378	165,780
Reserves	23,956,152	23,576,950
Retained earnings (losses)	-4,579,744	-2,490,779
Current earnings (losses)	-2,834,137	-2,088,965
Minorities	—	—
Total consolidated net equity	16,709,649	19,162,986
Employees’ termination benefit provision	224,426	260,526
Other financial liabilities	3,575,835	—
Bank liabilities	2,343,950	929,940
Trade Payables	465,448	486,578
Tax Payables	1,017,383	994,649
Payables to social security and welfare institutions	113,447	121,442
Other payables	1,188,473	190,259
Total Payables	8,704,536	2,722,868
Accruals and Deferrals	373,858	304,440
TOTAL LIABILITIES	26,012,469	22,450,820

Datrix S.p.A. Financial Statement — Cash Flow Statement

Cash Flow Statement	31/12/2023	31/12/2022
Profit (Loss)	-2,834,137	-2,088,965
Non cash items	672,365	425,751
Change in working capital	81,623	-1,386,829
Other changes	-159,506	-694,344
Cash flow from operating activities	-2,239,655	-3,744,387
Cash flow from investing activities	-1,681,643	-1,852,614
Capital increases	10,429	609,631
Change in financial liabilities *	4,989,846	-554,708
Equity investments	—	-136,280
Cash flow from financial activities	5,000,275	-81,357
Cash flow of the year	1,078,977	-5,678,358
Initial available cash	5,884,051	11,562,409
Year end available cash	6,963,028	5,884,051

* With reference to 2023, the item includes 3,575,835 Euros related to advances received for the funded project “Better”, which Datrix S.p.A., as the lead partner, will distribute to the other research project partners.