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Novabase © 2023 | All Rights Reserved

NEXT-GEN

IT SERVICES COMPANY

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1H23

CONSOLIDATED RESULTS

July 28, 2023

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Disclaimer

This presentation contains sector and forward-looking statements concerning the development of Novabase's business. While these

statements are based on Novabase's current projections, judgments and future expectations, a number of risks and uncertainties

could cause actual data to differ materially from those expressed or implied by such statements. Such risks and uncertainties relate

to factors that are beyond Novabase' ability to control or estimate precisely, and include but are not limited to, general economic

conditions, macroeconomic factors, regulatory, political or government guidelines and trends, credit markets, among others.

Statements in this release relate only to this presentation date. Except when required by law or specific regulation, Novabase

assumes no obligation to update the information or to notify in the event that any matter stated herein changes or becomes

inaccurate. Thus, neither Novabase, nor any of its subsidiaries, its administrators, members of the other corporate bodies or

employees, make any declaration or commitment on the accuracy or completeness of the information and do not assume, therefore,

any type of obligation or responsibility.

Comparative information (1H22) in this presentation shows Value Portfolio segment including Shared Services, as its merger

with Celfocus (Next-Gen segment) in 2022 was recorded in August 2022. The contribution of Shared Services to Turnover and

EBITDA in 1H22, included in Value Portfolio, is disclosed here: Turnover 0 M€ and EBITDA 1.0 M€. Throughout this presentation

LFL comparisons are included, as well as additional commentary whenever useful.

Financial reporting terms used in this Report are mostly in accordance with International Financial Reporting Standards (IFRS) but

will include certain non-IFRS financial measures of our performance (APMs). APMs used by Novabase are intended to provide

additional information, more comprehensive and relevant to users, and are applied consistently in all periods reflected in this

release. Reconciliation of each of these APMs to its most directly comparable IFRS financial measure can be found in the end of this

Report. All amounts in this presentation are expressed in million Euros, except otherwise stated. The financial information here

reported is unaudited.

This presentation is provided for informational purposes only and does not constitute a document for the offer of securities, and its

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distribution or use by any person or entity is forbidden without prior authorization from Novabase.

1H23 Outlook

Message from Luís Paulo Salvado

Chairman and CEO

"Novabase's first half 2023 results validate the successful execution of our strategy and our ability to capitalize on the current market conditions.

Global turnover has increased by 17%, driven by a remarkable growth of 33% in our international operations, which now account for nearly two-thirds of our business.

EBITDA and Net Income have grown by 10% and 4% respectively, influenced by larger- scale internationalization, wage inflation, and investments in key offerings.

The first half was also marked by a Public Offer for the Acquisition of our own shares, with the purchase of 11% of the capital and

the payment of a dividend of €0.42 per share. Together, these operations represented an investment of €28 million,

placing our net cash position at €17 million. Discounting the previous effect, operations

generated €6 million during this period.

The outlook for this year continues to be shrouded in considerable uncertainty, and we have been witnessing a deterioration in expectations. While we cannot predict what will happen in the market, we trust in the value of our team, to whom I extend my gratitude for their dedication and hard work."

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Novabase SGPS SA published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2023 15:47:21 UTC.