DIGITAL360: opening of the fifth and final conversion period for the of the convertible bond named “DIGITAL360 CONVERTIBLE 4.5% 2017 – 2022”

PRESS RELEASE

DIGITAL360:

OPENING OF THE FIFTH AND FINAL CONVERSION PERIOD FOR THE "DIGITAL360

CONVERTIBLE 4.5% 2017-2022" CONVERTIBLE BOND LOAN

Milan, 26 April 2022 - DIGITAL360 S.p.A. ("DIGITAL360" or the "Company"), an innovative SME listed on the Euronext Growth Milan (formerly AIM Italy) market in Milan, announces that from 1 May 2022 to 31 May 2022, the fifth and last conversion period ("Fifth Conversion Period") of the bond convertible into DIGITAL360 shares, named "DIGITAL360 CONVERTIBLE 4.5% 2017-2022", ISIN code IT0005254484, will take place.

During the Fifth Conversion Period, each bondholder has the right to convert some or all of the bonds held in exchange for shares ("Conversion Right") on the basis of a conversion ratio of 1,000 Shares for each bond presented for conversion ("Conversion Ratio") and therefore at a unit price per share of Euro 1.60 ("Conversion Price").

In addition, interest accrued at the date of conversion and not yet paid will be paid in cash for each bond carried in conversion. The accrued coupon accrued at the conversion date from 13 June 2021 to 31 May 2022 for each bond being converted is EUR 69.44.

Bondholders may exercise their Conversion Right by submitting a request to the intermediary where the bonds are held.

The Conversion Shares resulting from the Conversion Right and the accrued coupons will be available to those entitled thereto after the closing of the Fifth Conversion Period, without any expenses and fees to the bondholder by the Issuer.

If conversion for bonds has not been requested by 31 May 2022, they will be redeemed for an amount equal to 100% of their Nominal Value, together with accrued and unpaid interest on each Bond, on 13 June 2022 (the "Maturity Date").

Finally, it should be noted that Borsa Italiana will arrange for the cancellation of the listing of the Bonds from the Euronext Growth Milan market in accordance with the timing and procedures provided for by the regulations in force.

For further details, please refer to the relevant Bond Regulations, which can be consulted on DIGITAL360's websitewww.digital360.it, Investor Relations - Information for Bondholders section.

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DIGITAL360

DIGITAL360, a company listed on the Euronext Growth Milan Market, has the objective of accompanying companies and public administrations in the understanding and implementation of digital transformation and encouraging their encounter with the best technological suppliers. DIGITAL360 pursues this objective through two business units: one, called "Demand Generation" supports technology companies (vendors, software houses, system integrators, startups, etc.) in communication, storytelling, event management, and generating business opportunities; the other, called "Advisory & Coaching" is aimed at all companies and public administrations that want to undertake any kind of digital transformation. NetworkDIGITAL360, transversal to both Business Units, is the largest network of online publications dedicated to all topics of Digital Innovation. DIGITAL360 integrates a multidisciplinary and multicultural mix of professionalism̀ and skills thanks to analysts, journalists, consultants and experts in the digital world, united by a great passion and mission: digital innovation as an engine for the growth and modernization of our country. For further information:http://www.digital360.it/.

Contact

Investor relations

Emilio Adinolfi

Email:emilio.adinolfi@digital360.it Tel: +39 0292852801

DIGITAL360 press office: d'I comunicazione Piero Orlando

Email:po@dicomunicazione.it Tel: +39 3351753472

Euronext Growth Advisor CFO SIM S.p.A.

Email:ecm@cfosim.com Tel: +39 02303431

This press release is for information purposes only and does not constitute an offer to the public or an invitation to subscribe for or purchase any securities in Italy or in any other country in which such offer or solicitation would be subject to restrictions or authorisation by local authorities or otherwise prohibited by law. This press release may not be published, distributed or broadcast in the United States, Canada, Australia or Japan. The shares referred to in this press release may not be offered or sold in Italy, the United States or any other jurisdiction without registration under applicable laws or an exemption from registration under applicable laws. The shares referred to in this press release have not been and will not be registered under the U.S. Securities Act of 1933 or under applicable provisions in Italy, Australia, Canada, Japan or any other jurisdiction. There will be no public offering of the Company's shares in Italy, the United States, Australia, Canada, Japan or elsewhere.