Invibes Advertising : 6% growth in Q1 2024 sales.

Invibes Advertising NV / Key word(s): Quarter Results/Quarter Results
Invibes Advertising : 6% growth in Q1 2024 sales.

25.04.2024 / 17:45 CET/CEST

---------------------------------------------------------------------------

Press release

6% growth in Q1 2024 sales

London, 25 April 2024 - Invibes Advertising (Invibes), an advanced
technology company specialising in digital advertising, announces its sales
figures for the first quarter of 2024.

Q1 2024, Invibes has recorded sales of EUR5.5m, up 6% on the same period in
2023 (1) .

Throughout the quarter, Invibes continued to benefit from the sustained
momentum of markets in the scale-up phase (Germany, UK, Italy, and Belgium),
following on from the already double-digit growth, recorded in 2023.

During the quarter, a number of major international retailers chose Invibes'
to run their advertising campaigns, including Hewlett Packard Entreprise and
Intel with cross-markets campaigns, and Gillette (Procter & Gamble).

To solidify its cross-market offering and to meet the demand from
international key clients for a global offering, Invibes plans to expand its
geographical footprint with the opening of 3 new markets - the United
States, Mexico, and Singapore.

During the first quarter of 2024, Invibes has already appointed two
managers, one for the United States and the other in Singapore:

Nathan Stallard has been appointed US Country Director. Over the past 10
years, Nathan has developed considerable expertise in the advertising
sector. Until 2020, he was National Sales Manager for the German advertising
group Edgar Ambient Media Group. In 2021, Stallard joined Invibes
Advertising as Sales Manager and rose to Head of Sales for Germany before
becoming Sales Director Germany. Nathan is a US citizen.

Elsa Trang has been appointed Commercial Director Singapore. Elsa has almost
10 years' experience in marketing and sales. Trang began her career at
Invibes Advertising as Sales Manager for France before becoming Team Leader
and then Head of Sales.

"We are thrilled that Nathan and Elsa will be taking over the development of
the USA and Singapore, where we have strong ambitions. Both already have a
proven track record with Invibes. As individuals they have contributed to
the successful development of sales in Germany and France respectively. With
their experience and expertise, we are giving ourselves the best possible
chance of success in these two countries," Kris Vlaemynck and Nicolas
Pollet, co-CEOs of Invibes Advertising.

On the strength of its ability to model the ROI of launching a new country,
Invibes expects these new markets to contribute to business within a few
months following launch, and to the group's profitability within 2 years.

Next publication: Q2 2024 sales, on 24 July 2024 (post-market).

About Invibes Advertising

Invibes Advertising (Invibes) is an international technology company
specialising in digital advertising innovation.

Founded on the philosophy that advertising efficiency comes from being truly
innovative and naturally engaging to users, Invibes has developed an
integrated technology platform for brands to reach consumers through
impactful in-feed advertising.

Invibes delivers advertising that creates positive attention by harnessing
the power of big data, innovative in-feed formats, wide reach and extensive
intelligence services.

Pioneering the way in sustainable advertising, Invibes also offers a unique
solution to offset campaign emissions through its Carbon-Neutral label.

In order to partner with some of the greatest brands in the world, like
Amazon, Bacardi, Dell, IKEA and Toyota, we rely on even greater people. At
Invibes we strive to maintain an energetic, open environment that fosters a
culture of ideation, growth and #GoodVibes, that shines straight through to
our clients.

Want to hear more about Invibes? Visit: www.invibes.com

Invibes Advertising is listed on the Euronext Stock Exchange (Ticker: ALINV
- ISIN: BE0974299316)

Read our latest press releases at:

https://www.invibes.com/investors.html

Follow the latest news about Invibes Advertising on:

LinkedIn @Invibes AdvertisingX @Invibes_adv

Financial & Corporate Contacts:

Kris Vlaemynck, co-CEO

kris.vlaemynck@invibes.com

(1) For comparison purposes, sales for the 1er quarter of 2023 have been
restated to include sales by ML2Grow, which was sold on 15 March 2024, with
retroactive deconsolidation from 1st January 2024.


---------------------------------------------------------------------------

Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=c1bebaa6551eeada04f1c16e39dbaa3a
File description: 2024 04 25 - PR - Invibes Advertising_EN_final

---------------------------------------------------------------------------

End of Media Release

---------------------------------------------------------------------------

   Language:       English
   Company:        Invibes Advertising NV
                   Reigerstraat 8
                   9000 Gent
                   Belgium
   E-mail:         audrey.mela@invibes.com
   ISIN:           BE0974299316
   Listed:         Paris
   EQS News ID:    1889873

End of News EQS News Service
---------------------------------------------------------------------------

1889873 25.04.2024 CET/CEST