THE BOARD OF DIRECTORS APPROVES THE INTERIM REPORT AT SEPTEMBER 30, 2014

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1 THE BOARD OF DIRECTORS APPROVES THE INTERIM REPORT AT SEPTEMBER 30, 2014 Revenues: EUR million, 9,1% more than the same period of the previous year; Q3 2014, 34.5 million, 11.7% more on Q Net revenues: EUR 99.2 million, 8.5% more than the same period of the previous year; Q3 2014, 33.6 million, 11.9% more on Q EBITDA: EUR 8.8 million, 12.3% on revenues, 3.4% more than same period of the previous year when it was 8.5 million EBIT: 5.7 million, 9.3% on revenues, 5.3% more than same period of the previous year when it was 5.4 million Profit before tax: 3.9 million, 7.3% on revenues, 19.2% more than same period of the previous year when it was 3.3 million November, The Board of Directors of Exprivia SpA approved today the interim report at 30 September 2014, prepared in accordance with International Accounting Standards (IAS / IFRS) and in particular with the requirements of IAS 34. "In the third quarter of the year we have recorded the growth of the Italian business perimeter, which have consolidated its position and continues the recovery of margins. Overseas business, though showing a decrease in revenues and profitability in the first nine months of the year, records, however, signs of turnaround in the third quarter, says Domenico Favuzzi, president and CEO of Exprivia, who continues, "In particular, activities in the fields of banking, healthcare, energy and utilities hold well despite the continuing difficult situation of the Italian economy, while our group continues investment in overseas markets, through of Exprivia IT Solutions Shanghai subsidiary in China. " Consolidated figures of Q Gruppo Exprivia closed the third quarter of 2014 with Revenues to EUR 34.5 million, an increase of 11.7% compared to the same period of 2013 (30.9 million), including the contribution of Exprivia Telco&Media which has been consolidated from the 1 st April The consolidated Net Revenues amount to EUR 33.6 million and are up 11.9% over the same period of 2013 (30.0 million). 1

2 Consolidated EBITDA in the third quarter of 2014 amounts to EUR 4.2 million (3.5 million in the third quarter of 2013), 12.3% on revenues, significant growth compared to the same period of last year. Consolidated EBIT in the third quarter of 2014 amounts to EUR 3.2 million, also up 32.6% compared to the same period of the previous year (2.4 million). Profit before tax amounts to EUR 2.5 million, equivalent to 7.3% on revenues, and with a significant improvement compared to the same period of In the first nine months of the year the Group highlight a recovery in margins, both as per the same period of 2013, and as per the progressive growth in the single quarters. Revenues increased by 9% compared to the same period in 2013, thanks to the contribution of Exprivia Telco & Media which has an effect 8%. Good growth in the Energy market which grew by 9%, Healthcare Services and Utilities grew by 8%. Decrease in revenues generated abroad, but in a trend of recovery in the third quarter yet. The mix of revenues, 78% in the Private Markets, 22% in the Public Market, remains unchanged from last year. The share of revenues recorded in foreign markets remains more than 10% The improvement in earnings parameters is particularly noticeable in the performance of the parent company, which recorded an EBITDA of EUR 3.1 million, an increase compared to the same period of 2013 when it stood at 2.7 million. It should be noted that the subsidiary Exprivia Healthcare IT Ltd. issued the last 17 th October a bond for EUR 5 million, according to the law 134/2012 signed by Anthilia Bond Impresa Territorio (Anthilia BIT) - fund investing in minibond, specially created by Anthilia Capital Partners SGR for Italian SMEs - and Banca Popolare di Bari. Furthermore, it should be noted that during the third quarter the was completed the investment, started at the end of 2012, approximately for EUR 5.5 million, for the new office building and the renewal of the existing buildings. Consolidated figures at 30 September 2014 Consolidated revenues at 30 September 2014 amount to EUR 102,9 million, better than the value of same period of 2013 when amounted to 94.3 million. Consolidated net revenues amount to EUR 99.2 million, better than the value of the same period of Consolidated EBITDA amounts to EUR 8.8 million, 12.3% on revenues, growing over to the same period of last year (8.5 million). Consolidated EBIT amounts to EUR 5.7 million, 9.3% on revenues, also up over the value of the previous year (5.4 million). Profit before tax amounts to EUR 3.9 million, 7.3% on revenues, significantly better compared to the same period of 2013, when it was 3.3 million. Net Financial Position at 30 September 2014 is negative by EUR 37.2 million, better compared to 31 December 2013 when it was negative by 37.4 million (+0.2 million). 2

3 Group shareholders equity at 30 September 2014 amounted to Euro 71.1 million, an increase of 1.8 million compared to 31 December Revenues by Business Area Exprivia Group (value in K ) Variazioni % Banks and Financial Istitutions % Industry and Aerospace % Energy % Telcom and Media % Health and Healthcare % Utilities % Public Administration % International Business % Other % Total ,51% Results of the parent company Exprivia Spa Revenues in the first nine months of 2014 amount to EUR 58.1 million, more than the value of same period of 2013, in growth of 9.3% more than the same period of the previous year when amounted to 53.1 million. Net revenues amount to EUR 55.0 million, in growth than the same period of 2013 when amounted to 50.4 million. EBITDA amounts to EUR 3.1 million, 5.3% on revenues, significantly growing over to the same period of last year (2.7 million). EBIT amounts to EUR 1.6 million, 2.8% on revenues also up over the value of the previous year (1,0 million). Profit before tax amounts to EUR 2.5 million, 4.3% on revenues, (4.4 million lower compared to the same period of 2013). Net Financial Position at 30 September 2014 is negative by EUR 27.2 million, better compared to 31 December 2013 when it was negative by 30.7 million (+3.5 million). 3

4 Shareholders Equity at 30 September 2014 amount to EUR 70.1 million, in growth compared to 31 December 2013 ( 67.5 milion). The manager responsible for preparing the company s financial reports, Gianni Sebastiano, declares pursuant to the paragraph 2 of the Article 154-bis of the Consolidated Low on Finance, that the accounting information contained in this press release corresponds to the document result, books and accounting records. EXPRIVIA Exprivia S.p.A. is a company specialised in the design and development of innovative software technologies and in supplying IT services for the banking, financial institution, industry, energy, telecommunications, utilities, healthcare and public administration markets. The company today is listed on the Borsa Italiana MTA, Star segment (XPR), and it is subject to the direction and coordination of Abaco Innovation Spa. The company numbers a total of approximately 1800 resources, and has head offices in Molfetta, Bari, Milan, Rome, Piacenza, Padua, Trento, Vicenza, Genoa, Madrid, Barcelona, Las Palmas, Mexico City, Monterrey, Guatemala City, Lima, Sao Paulo do Brazil, Bejing and Hong Kong. CONTACTS Exprivia SpA Marketing & Communication Alessia Vanzini alessia.vanzini@exprivia.it Tel Fax Investor Relations Gianni Sebastiano gianni.sebastiano@exprivia.it Tel Fax

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9 CONSOLIDATED PROFIT AND LOSS 9

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11 CONSOLIDATED FINANCIAL STATEMENT 11