PSI with Significant Growth in Financial Year 2023 and Stabilization of the
Result in the Final Quarter

EQS-News: PSI Software SE / Key word(s): Annual Results/Preliminary Results
PSI with Significant Growth in Financial Year 2023 and Stabilization of the
Result in the Final Quarter

21.03.2024 / 10:06 CET/CEST
The issuer is solely responsible for the content of this announcement.

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PSI with Significant Growth in Financial Year 2023 and Stabilization of the
Result in the Final Quarter
Publication of the audited annual financial statements postponed to the end
of May 2024 at the latest

Berlin, March 21, 2024 - According to preliminary figures, the PSI Group has
grown significantly in the financial year 2023. New orders increased by
17.2% to 296 million euros. Group sales grew by 8.9% to 269.9 million euros
due to a strong 4th quarter. The operating result, which was burdened by
one-off effects, stabilized within the planned corridor at 5.6 million
euros.

'After the negative effects in the Electrical Grids business in 2022 and
2023, we stabilized the situation in the second half of 2023. At the same
time, PSI's growth momentum is intact and the entire team is working hard to
gear the company towards profitable growth,' says Robert Klaffus, CEO of PSI
Software SE.

The PSI Group has been affected by the consequences of a cyberattack since
February 15 and continues to work on the gradual restart of the IT systems
and operations. PSI will not publish the complete and audited annual
financial statements as planned on March 28, 2024, but probably by the end
of May 2024 at the latest.

The PSI Group develops software products for optimizing the flow of energy
and materials for utilities and industry. As an independent software
producer with more than 2,200 employees, PSI has been a technology leader
since 1969 for process control systems that ensure sustainable energy
supply, mobility and production by combining AI methods with industrially
proven optimization methods. The innovative industry products are sold both
directly and via the cloud-based PSI App Store. www.psi.de

Contact:

PSI Software SE
Karsten Pierschke
Head of Investor Relations and Corporate Communication
Dircksenstraße 42-44
10178 Berlin
Germany

Tel. +49 30 2801-2727
Email: KPierschke@psi.de


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21.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        PSI Software SE
                   Dircksenstraße 42-44
                   10178 Berlin
                   Germany
   Phone:          +49 (0)30 2801-0
   Fax:            +49 (0)30 2801-1000
   E-mail:         ir@psi.de
   Internet:       www.psi.de
   ISIN:           DE000A0Z1JH9
   WKN:            A0Z1JH
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1864115

End of News EQS News Service
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1864115 21.03.2024 CET/CEST