Approval of the interim report as at June 30, 2026

Approval of the interim report as at June 30, 2026 | Phynwire

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Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan – Operating Headquarters: Viale Umbria 32, 20135 Milan Company listed on Euronext Milan, (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 – 6702 550 info@abitareinspa.com – abitareinspa.pec@mypec.eu Share capital Euro € 133, 074. 795 fully paid in

PRESS RELEASE

ABITAREIN APPROVES THE INTERIM MANAGEMENT REPORT AS AT 30 JUNE 2026 (THIRD QUARTER)

(RESULTS NOT AFFECTED BY THE DISPOSAL TRANSACTION COMPLETED ON 30 JULY 2026)

CONSOLIDATED REVENUES € 55.3 MILLION

CONSOLIDATED EBITDA € 5.5 MILLION

KEY FIGURES (consolidated data as at 30 June 2026 – prepared in accordance with IFRS international

accounting standards)

• CONSOLIDATED REVENUES € 55.3 MILLION (€ 84.6 million at 30 June 2025)

• CONSOLIDATED EBITDA € 5.5 million (€ 9.6 million at 30 June 2025) • CONSOLIDATED EBT NEGATIVE BY € 2.9 million (positive by € 2.0 million at 30 June 2025)

• CONSOLIDATED SHAREHOLDERS' EQUITY ATTRIBUTABLE TO THE GROUP € 106.2 MILLION (€ 107.7 million

at 30 September 2025) • NET FINANCIAL DEBT € 142.6 MILLION (€ 150.8 million at 30 September 2025)

• CONSOLIDATED NET PROFIT ATTRIBUTABLE TO THE GROUP NEGATIVE BY € 1.4 MILLION (positive by € 1.2

million at 30 June 2025) Milan, 6 August 2026 – The Board of Directors of AbitareIn S.p.A. (AbitareIn or the Company), a Milan -based company and a leader in residential development, listed on the Euronext Milan market, today approved the consolidated interim management report of the AbitareIn Group as at 30 June 2026 (third quarter of the financial year).

Luigi Gozzini, Chairman of AbitareIn, commented on the results as follows: “ The first nine months, the results of which do not reflect the Techbau transaction, confirm how profoundly the Milan context has changed: the slowdown in the permitting cycle, which has lasted almost three years, is not a temporary phase but a structural change in the conditions in which we operate. It is against this backdrop that the disposal to Techbau, completed this past 30 July, must be read: a transaction that has enabled us to secure today the value built up over these years and to significantly str engthen our capital and financial structure. The transaction, already with the collection of the second tranche of Euro 50.8 million received on 30 July, thus brings about a significant reduction in the Group's net financial debt, to which the contribution of the ordinary management of the construction sites being completed will be added. Our conviction remains firm that national legislation on urban regeneration is needed; in the meantime, we have acted responsibly to ensure continuity and stability for the Group.

Abitare In S.p.A.

Marco Grillo, CEO of the Company, added: “ From an operational standpoint, in the first nine months we prioritised the completion of already -authorised projects and the notarial deeds of sale of completed projects.

We remain focused on the construction sites under way and being delivered — currentl y around 100 apartments — while, with the closing of the Techbau transaction, we are accelerating the evolution of our model: partnerships with other industrial and financial operators and service contracts that reduce the capital deployed per individual i nitiative, leveraging the know -how built up over the years. ” Summary of the main consolidated economic and financial results as at 30 June 2026 The third quarter of the financial year closed with CONSOLIDATED REVENUES of € 55.3 million (€ 84.6 million at 30 June 2025), mainly deriving from:

- € 73.4 million of sales revenues mainly deriving from the notarial deeds of sale of the property units of completed projects (€ 10.6 million at 30 June 2025);

- € 4.3 million of c hange in inventories for the purchase of new property complexes , relating to the definitive purchase of an area in Milan (€ 10.5 million at 30 June 2025);

- € 28.9 million of negative change in inventories for work in progress , net of the release from inventory due to delivery (following the notarial deed of sale) of the apartments to customers (positive change of € 40.3 million at 30 June 2025).

Production progress amounting to € 48.2 million.

- € 6.0 million of Other Revenues (€ 23.1 million at 30 June 2025) mainly include:

• The increases in property, plant and equipment in progress relating to investments in properties intended for lease under the co -living formula held by the subsidiaries Smartcity S.r.l. and Deametra S.r.l. for a total of 4.8 million;

• Other revenues for services to third parties relating to pre - and post -sale services provided by the holding company AbitareIn for an amount of approximately € 1.0 million.

CONSOLIDATED EBITDA € 5.5 MILLION (€ 9.6 million at 30 June 2025)

CONSOLIDATED EBT is negative by € 2.9 million (positive by € 2.0 million in the third quarter of 2025).

Margins are strongly affected by the urban -planning standstill in the Municipality of Milan, with the consequent failure to launch new projects, by the adoption of the new guidelines of the Municipa lity of Milan on the new rules for the issuance of building permits, as well as by the increased incidence of fixed structural costs, which the Company chose to preserve in order to maintain the full operational capacity needed to resume activity once the phase of permitting uncertainty is overcome. Furthermore, the figure is negatively affected, by Euro 2.0 million, by the amortisation and charges connected with the entry into service of the two co -living buildings of the subsidiary Homizy, in the process of being progressively leased.

Abitare In S.p.A.

The EBT figure is also negatively affected, by € 0.4 million, by the write -down of equity investments in other companies, arising from the fair value measurement at the reporting period -end date.

The GROUP'S NET FINANCIAL DEBT amounts to € 142.6 million (€ 150.8 million at 30 September 2025), of which Euro 28.9 million relating to the holding company Abitare In S.p.A., Euro 39.6 million relating to the Homizy Group and Euro 74.2 million relating to the operating vehicles.

The change is mainly attributable to the absorption deriving from ordinary operations for a total of Euro 60 million, against collections deriving mainly from the notarial deeds of sale of the property units for a total amount of approximately Euro 60 million and from the deposit paid by Techbau upon signing of the preliminary agreement.

Financial Debt

Change 30.06.2026 30.06.2026 30.09.2025 amounts in Euro units A. Cash and cash equivalents 7,265 ,248 4,900 ,576 2,364 ,672 B. Means equivalent to cash and cash equivalents - -

C. Other current financial assets 3,027 ,192 3,004 ,692 22,500 D. Liquidity (A) + (B) + (C) 10,292 ,440 7,905 ,268 2,387 ,172 E Current financial payables 5,756 ,311 2,452 ,795 3,303 ,516 F. Current portion of non -current debt 61,505 ,961 51,046 ,867 10,459 ,094 G. Current financial debt (E) + (F) 67,262 ,271 53,499 ,662 13,762 ,609 H. Net current financial debt (G) - (D) 56,969 ,831 45,594 ,394 11,375 ,437 I. Non -current financial payables 85,640,980 105 ,190 ,031 (19,549 ,051) J. Debt instruments - - -

K. Trade payables and other non -current payables - - -

L. Non -current financial debt (I) + (J) + (K) 85,640 ,980 105 ,190 ,031 (19,549 ,051) M. Total financial debt (H) + (L) 142 ,610 ,812 150 ,784 ,425 (8,173 ,613)

Events after 30 June 2026 On 30 July 2026, the disposal to Techbau New Living S.r.l. (designated by Techbau S.p.A.) of the equity investments representing 100% of the share capital of 14 special- purpose vehicles was completed, relating to the same number of residential development initiatives still awaiting the relevant building permits. The

Abitare In S.p.A.

overall enterprise value of the target companies was determined at Euro 141.1 million and the consideration for the disposal amounts to Euro 101.3 million, paid as to Euro 8 million on 12 June 2026, as to Euro 50.8 million on 30 July 2026 (at closing) and as to Euro 42.5 million by 9 September 2027, with the deferral assisted by a first -demand autonomous guarantee.

As a result of the completion of the transaction and the collection of the consideration, together with the transfer to the buyer of the project debt attributable to the target companies, the Group's consolidated net financial debt records a significant re duction.

Also on 30 July 2026, the Board of Directors resolved to request Borsa Italiana S.p.A. to exclude the Company's ordinary shares from STAR status, pursuant to Article 2.5.7 of the Rules of the Markets organised and managed by Borsa Italiana S.p.A. The decis ion is primarily motivated by the change in the Group's size profile, which makes certain requirements characterising the STAR segment — including the publication of quarterly data — of limited significance. The Company's shares will continue to be traded on Euronext Milan.

On 5 August 2026, the Company signed a service contract with a leading asset management company (SGR) for a residential project of approximately 80 apartments in Milan, which provides for the conservation and renovation of the existing building through a p rocess of regenerating currently unused spaces.

Foreseeable evolution of operations Notwithstanding a downsizing of the development pipeline perimeter resulting from the completion of the disposal transaction to Techbau, the Group will continue its activity in the residential development sector.

Bearing in mind that the evolution of the Milan urban -planning situation will be a determining factor, in the coming months the Company will focus on: (i) the continuation and completion of the construction sites under way, with the delivery of the apartme nts of the already -authorised initiatives; (ii) the optimisation and lightening of the Company's financial structure; (iii) the assessment, by the Board of Directors, of the best ways to enhance the value of any excess liquidity, in the interest of the Com pany and its shareholders; and (iv) the assessment of investment opportunities in new initiatives, also in partnership with other operators, further developing the Company's business model through service contracts and other forms of collaboration that lim it the deployment of own capital, leveraging the know -how built up over time.

As of today, an agreement is under way for the development, in partnership, of a project of more than 200 apartments in Rome, in addition to a further service contract in favour of a third -party operator, for the construction of approximately 80 apartments in Milan. These transactions are governed by service contracts, with an average four- year duration, which provide for remuneration comprising a fixed component and a

Abitare In S.p.A.

variable component linked to the economic results of the project, as well as to the amount of equity invested by Abitare In in the initiative.

*** The interim management report as at 30 June 2026 is available to the public at the registered office, on the Company's website www.abitareinspa.com in the Investors Section and at the authorised storage mechanism 1 Info Storage (www.1info.it/PORTALE1INFO).

*** The Manager responsible for preparing the Company's financial reports, Cristiano Contini, declares, pursuant to paragraph 2 of Article 154 -bis of the Consolidated Law on Finance (Legislative Decree 58/1998), that the accounting information contained in thi s press release corresponds to the documentary results, books and accounting records.

It is also noted that this press release presents, in addition to the conventional financial indicators provided for by IFRS, certain alternative performance measures in order to allow a better assessment of the trend in economic and financial management. Such indicators are calculated in accordance with usual market practice.

*** AbitareIn S.p.A. represents innovation and a paradigm shift in the residential development sector, guided by its democratic vision of living that combines urban regeneration, affordability and the needs of today's families.

Efficiency, industrialisation and the creation of a distinctive brand are the foundations of a continuous and sustainable gro wth of the business model, which places at its centre the person and the home as an “aspirational” consumer product.

AbitareIn is thus committed to renewing the city's disused building stock and to bringing its urban fabric back to life, investing in projects of great aesthetic, environmental and social value and dedicating itself to responsible and far -sighted action; a ware, first of all, of the essential nature of its new role as #stilistiurbani (urban stylists). In April 2016 the company was listed on the AIM Italia market of Borsa Italiana; since 1 March 2021 it has been listed on the Euronext Milan market (ticker: AB T.MI).

Alphanumeric code for the shares: ABT

ISIN Code: IT0005445280

Conta cts:

Investor relations

AbitareIn

Eleonora Reni

ereni@abitareinspa.com

Press Office

Barabino&Partners

Federico Vercellino – 3315745171

f.vercellino@barabino.it

Alice Corbetta – 3404557565

a.corbetta@barabino.it

Abitare In S.p.A.

Consolidated Income Statement

30.06.2026 30.06.2025

Sales revenues 73,432,939 10,642,779 Rental revenues 545,023 Change in inventories for work in progress -28,970,769 40,345,761 Change in inventories for the purchase of new areas 4,270,000 10,500,000 Other revenues 6,024,304 23,068,084

TOTAL REVENUES 55,301,497 84,556,624

Property purchases for development for sale 4,270,000 10,500,000 Property purchases for development for lease - -

Purchases of raw materials, ancillary materials, consumables and goods 20,128 35,707 Costs for services 39,653,507 58,332,075 Rentals and other 454,867 769,201 Personnel costs 2,915,244 2,837,952 Amortisation and depreciation 2,463,451 857,614 Write -downs and provisions - 133,809 Other operating costs 2,532,888 2,515,338

TOTAL OPERATING COSTS 52,310,085 75,981,696

OPERATING RESULT (EBIT) 2,991,412 8,574,928

Financial income 41,824 233,655 Financial expenses (5,977,805) (6,797,889)

PROFIT BEFORE TAXES (EBT) -2,944,570 2,010,694

Taxes 812,555 (901,201)

PROFIT (LOSS) FOR THE YEAR -2,132,015 1,109,493

Of which:

Net result attributable to non -controlling interests (710,360) (124,369) Net result attributable to the Group (1,421,655) 1,233,862

Abitare In S.p.A.

Consolidated Statement of Comprehensive Income

30.06.2026 30.06.2025

Profit (loss) for the year -2,132,015 1,109,493 Other components of comprehensive income That will not be subsequently reclassified to profit or

loss

Employee benefits 14,977 (31,278) Tax effect (3,594) 7,543 Total 11,383 (23,735) That will be subsequently reclassified to profit or loss Hedging instruments 55,724 (21,868) Tax effect (13,374) 5,249 Total 42,350 (16,619) Total change in OCI reserve 53,733 (40,354) Comprehensive result for the period (2,078,282) 1,069,139

Of which:

Net result attributable to non -controlling interests (710,360) (124,369) Net result attributable to the Group (1,367,922) 1,193,508

Abitare In S.p.A.

Consolidated Statement of Financial Position

30.06.2026 30.09.2025

Property, plant and equipment 70,175,095 61,994,085 Intangible assets 1,551,017 1,765,978 Financial assets - -

Equity investments in other companies 844,050 1,288,294 Deferred tax assets 1,447,603 3,808,132

TOTAL NON-CURRENT ASSETS 74,017,766 68,856,489

Inventories 238,537,237 260,699,958 Financial assets measured at fair value 3,027,192 3,004,692 Trade receivables 1,304,372 4,124,892 Other current assets 8,728,603 18,824,578 Current tax assets 8,763,875 8,486,607 Cash and cash equivalents 7,265,248 4,900,576

TOTAL CURRENT ASSETS 267,626,527 300,041,303

TOTAL ASSETS 341,644,292 368,897,792

Share capital 133,075 133,075 Reserves 46,551,502 46,480,798 Retained earnings/(losses) 60,984,786 60,668,696 Profit/(loss) for the year -1,421,655 384,038

GROUP SHAREHOLDERS' EQUITY 106,247,709 107,666,607

Profit and reserves attributable to non-controlling inte 2,651,984 3,391,396

SHAREHOLDERS' EQUITY 108,899,693 111,058,003

Non-current financial liabilities 85,640,980 105,190,031 Employee benefits 597,923 379,231 Other non-current liabilities 805,703 630,938 Non-current deposits and advances from customers 9,481,615 37,671,461 Deferred tax liabilities 5,664,982 5,914,876

TOTAL NON-CURRENT LIABILITIES 102,191,203 149,786,537

Current financial liabilities 67,262,271 53,499,662 Trade payables 21,334,695 29,552,365 Other current liabilities 15,527,672 12,555,763 Current deposits and advances from customers 26,239,471 11,284,762 Current tax liabilities 189,288 1,160,700

TOTAL CURRENT LIABILITIES 130,553,397 108,053,252

TOTAL LIABILITIES 232,744,600 257,839,789

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 341,644,292 368,897,792

Abitare In S.p.A.

Consolidated Cash Flow Statement (indirect method)

30.06.2026 30.06.2025

Operating activities

Profit (loss) for the year (2,132,015) 1,109,493 Income taxes (812,555) 901,201 Financial income (27,365) (233,655) Financial expenses 4,143,760 6,797,889 Net provisions 238,075 Amortisation, depreciation and write-downs of property, plant and equipme 2,463,451 857,614 Cash flow before changes in net working capital 3,635,276 9,670,617 Decrease/(increase) in inventories 22,162,721 (50,845,761) Increase/(decrease) in trade payables (8,217,670) 13,162,312 Decrease/(increase) in trade receivables 2,820,520 1,731,845 Changes in other current/non-current assets and liabilities 1,095,957 (4,895,059) Net financial expenses/income paid/collected (3,699,395) (6,728,679) Taxes paid (47,882) Use of provisions (87,348) Cash flow generated/(absorbed) by operating activities (A) 17,797,410 (38,039,955)

Investing activities

Investments in property, plant and equipment (126,912) Property investments (10,429,501) (18,650,003) Investments in intangible assets (358,827) Cash flow generated/(absorbed) by investing activities (B) (10,429,501) (19,135,742)

Financing activities

Drawdown of bank loans 28,078,592 49,630,220 Repayment of bank loans (30,343,250) (15,394,192) Change in current/non-current financial liabilities (2,716,081) 5,587,677 Net changes in current financial assets (22,500) 9,782,274 Change in consolidation scope (82,500) Cash flow generated/(absorbed) by financing activities (C) (5,003,239) 49,523,479 Net cash flow for the period (A)+(B)+(C) 2,364,670 (7,652,218) Cash and cash equivalents at beginning of period 4,900,576 13,776,733Increase/(decrease) in cash and cash equivalents from 1 October to 30

June2,364,670 (7,652,218)

Cash and cash equivalents at end of period 7,265,246 6,124,515