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The Board of Directors examines and approves the consolidated financial statements as of 31 December 2016

San Donato Milanese, 24 February 2017 – The Board of Directors of Cerved Information Solutions S.p.A. (MTA: CERV) – parent holding company of the Cerved Group, the largest information provider and credit servicer in Italy – today examined and approved the Consolidated Financial Statements as of 31 December 2016.

Marco Nespolo, Chief Executive Officer of the Group, commented:

“2016 was a rich year in terms of changes and achievements, with the completion of our process of transformation into a true public company and the appointment of a new Board of Directors, and with financial results which rewarded our efforts and are aligned with our ambitions in the medium and long term.”

“The continuous focus on growth, both organic and via acquisitions, has permitted us to grow Revenues by +6.6%, Adjusted EBITDA by +5.4% and Adjusted Net Income by +34.2%. Also cash flow generation was strong, with Operating Cash Flow growing +5.8% which resulted in the ratio between net financial debt and Adjusted EBITDA falling to 2.9x.”

“The Board of Directors has proposed to distribute total dividends of Euro 48.2 million which represents an increase of +7.4% compared to last year.”

“In conclusion, I consider that the results achieved by the Group are positive, and together with the entire management team we remain focused on pursuing the success story for the Group, its employees and shareholders. Within the context of the presentation of our Q1 2017 results we’ll provide the markets with an update on our guidance for the medium term.”