PRESS RELEASE

AXÉLERO S.P.A.: PRELIMINARY CONSOLIDATED FIGURES FOR 20161 Significant acceleration in consolidated net revenues amounting to € 45 million, more than doubled compared to financial year 2015 Strategic investments to support growth continue

Milan, 18 April 2017 - The Board of Directors of axélero S.p.A., Internet Company listed on the AIM Italia market (Ticker: AXEL), met on the date hereof and reviewed the Group's preliminary figures for the financial year that ended 31 December 2016. The Board of Directors will approve these results on 29 May 2017.

Leonardo Cucchiarini, Chairman and Chief Executive Officer of axélero, commented: "2016 was the first year in a five-­year strategy aiming at a significant growth in the medium to long term sustained by investments in innovation, products, and people. The significant acceleration in terms of revenues, which more than doubled compared to the previous financial year, resulted in 2016 being another year of growth for our Group, demonstrating the development ability of axélero and the importance of a supporting investment policy. A year packed with initiatives -­ continues Cucchiarini -­ where we launched innovative products to support the digitalisation of SMEs, from Ristoranti.it, the cutting-­edge platform dedicated to the world of catering, to mysuite, a solution that makes omni-­channel marketing also accessible to small businesses. Besides,we initiated a process to promote a more effective and transparent communication to stakeholders, with the adoption of the international accounting standards. These results were achieved thanks to our extraordinary team of high-­profile managers and the digitally talented professionals who are part of our steady growing staff".

In 2016, axélero achieved consolidated net revenues of € 45 million, more than doubled compared to approximately € 20 million achieved in financial year 2015.

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1 Unaudited preliminary consolidated results under ITAGAAP

Net Financial Position of axélero at 31 December 2016 was € -­19 million, compared to cash and cash equivalents of € 7.4 million at 31 December 2015. This change reflects the investments made during the year.

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axélero S.p.A., listed on the AIM Italia market since December 2014, is an Internet Company founded in 2008 by Leonardo Cucchiarini and Stefano Maria Cereseto. The Company is an Italian media, marketing and digital advertising operator, supporting the digitalisation of businesses and Public Administrations. Specifically, axélero provides effective and innovative digital advertising and digital marketing solutions, tailor-­made for small, medium and large enterprises and national and local institutions to gain greater visibility, useful contacts and concrete business results.

Ticker: AXEL, ISIN code: IT0005069809

http://www.axelero.it/

axélero contacts

Maria Grazia Andali

Chief Communication Officer mariagrazia.andali@axelero.it Tel +39 02 84259800

IR contacts

Francesca Cocco fcocco@lerxiconsulting.comIR@axelero.it

Tel +39 02 84259800

NOMAD contacts

Banca Popolare di Vicenza S.p.A. Tel +39 051 4850992

axelero@popvi.it

Image Building

Simona Raffaelli, Emanuela Borromeo, Vanessa Corallino axelero@imagebuilding.it

Tel +39 02 89011300

axélero S.p.A. published this content on 18 April 2017 and is solely responsible for the information contained herein.
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