Announcement under art. 17 of Euronext Growth Milan Rules

Milan, 7 April, 2023 – Growens S.p.A. – GROW (the “Company” or the “Issuer” or “Growens”), a company admitted to trading on the multilateral trading facility Euronext Growth Milan and operating in the cloud marketing technology field, has announced today that on 4 April they were notified that BMC Holing B.V. (“BMC” – or the company owned by Datatrics’ sellers which owns a share of 6.6% in the Company’s capital following 2018 acquisition and 2022 amendments) reduced their stake under the relevant threshold of 5% according to article 17 of Euronext Growth Milan Issuers Regulations and article 15 of the ByLaws, owning n. 769,056 GROW shares, equal to 4.996% of the share capital.

The number of shares owned by BMC currently under lock-up is 710,017, or 4.6% of the share capital.

As per the above, estimated free float amounts to ca. 36.4%.

Growens’ capital structure is now as per the below:

Shareholder	NoS	%
Gorni Nazzareno	1,607,355	10.442%
Miscia Alberto	1,606,054	10.433%
Monfredini Matteo	1,592,884	10.348%
Azzali Luca	1,546,212	10.045%
Bettoni Matteo	1,510,300	9.811%
Gianluca Pronti (also via Zoidberg S.r.l.)	912,766	5.930%
BMC Holding B.V.*	769,056	4.996%
CL Selling Shareholders	188,822	1.227%
Treasury Shares	62,583	0.407%
Free Float	5,389,884	36.362%
Total	15,393,343	100.000%

* o/w 710,017 subject to lock-up

Download the press release