Investor presentation
Results of First Half 2026
CONTENTS
CEMBRE | Investor relations 2 CEMBRE at a glance
Group team
Main product lines & applications Results of First Half 2026 Stock data & shareholding structure
Contact
CEMBRE AT A GLANCE
CEMBRE is Europe’s leading manufacturer of electrical crimp type connectors and related installation tools.
The Group has grown its revenues by a CAGR of 6.4% in the last 20 years, from 70.0 M€ in 2005 to 244.3 M€ in 2025. In the last 5 years the Group has grown by a CAGR of 10.0% from 166.8 M€ in 2021 to 244.3 M€ in 2025.
It is a dividend payer with a 20 years average dividend payout ratio of 53.7%, and an average dividend yield of 3.8% (2006-2025). The average dividend yield in the last 5 years has been of 4.1%(2021-2025).
In 2025, the Group invested 24.3 M€ ; the total amount of investments made by the company in the last five years (2021-2025) is 89.7 M€ ; at December 31, 2024 investments amounted to 29.5 M€.
The product mix (a total of around 18K end products sold during 2025) is offered to around 5K single clients around the world, with 10-biggest clients’ purchases corresponding to approximately 22.5% of the consolidated turnover.
CEMBRE | Investor relations 3 2026/06
MISSION
CEMBRE cooperates with the users of its products to search the best technical and economical solutions related to electrical connection
applications
2021/02 CEMBRE | Investor relations 4
GROUP STRUCTURE
CEMBRE | Investor relations 5Manufacturing and trading unit Trading unitThe Group employs 991 employees worldwide (at June 30, 2026) 2026/06CEMBRE S.p.A.
CEMBRE Ltd
UK
100%CEMBRE
S.A.R.L.
France
100%CEMBRE B.V.
Netherlands
100%CEMBRE
Electrical
Connections
Shanghai Ltd.
China
100%CEMBRE S.L.U.
Spain
100%CEMBRE
GmbH
Germany
100%CEMBRE INC.
USA
100%CEMBRE IE
Ltd.
Republic of
Ireland
100%
Employees: 657
Employees: 128Employees: 40Employees: 3Employees: 6Employees: 52Employees: 61Employees: 40
Employees: 4
CEMBRE has extensive know-
how in its operating field and its strong R&D team allows it to respond quickly to market demands.
Sharp focus on customer needs and the efficient international sales network (156 salesmen) are significant competitive advantages for CEMBRE.HUMAN RESOURCES (Number of employees by segment, at June 30, 2026) R&D •30 Manufacturing & logistics
•577
Sales & Marketing
•264
Administration & services
•120
CEMBRE | Investor relations 6 2026/06
MAIN PRODUCT LINES
CEMBRE is Europe’s leading manufacturer of electrical crimp type connectors and related installation tools CEMBRE | Investor relations 7Railway
productsIdentification
systemsCable glands,
accessories &
otherElectrical
connectors
Tools
2026/06
Cable glandsConnectors
Tools
Labelling
INDUSTRY & AUTOMATION
2021/02 8POWER DISTRIBUTIONAPPLICATIONS
Rail drilling
machine
Sleeper drilling
machineAPPLICATIONS : RAILWAY
9
NUMBERS
CEMBRE | Investor relations 10
18,068 different
products sold in one
year*
21,795 different
products ready for
immediate delivery*
4.9 Millions electrical connectors sold by CEMBRE Group on average each working
day*
*12/2025
MADE IN BRESCIA
CEMBRE has been established in 1969 and manufactures its products in its state-of-art production facility located in Brescia.
Production, warehouses and offices cover a covered area of 75,000 m2on atotal land area of 155,000 m2.
CEMBRE | Investor relations 11CEMBRE S.p.A. – Headquarter in Brescia (Italy)
2026/06
… AND MADE IN UK
In addition, CEMBRE has a production facility in the UK which operates on a 16,300 m2land.
This plant in Birmingham manufactures mainly for the local market.
The sales generated in the UK are13,4% of the consolidated turnover of the first half of 2026.
CEMBRE | Investor relations 12CEMBRE Ltd. – Factory in Curdworth Birmingham (UK)
2026/06
VERY STRONG IN EUROPE
CEMBRE is present all over the Italian territory through anetwork of salesmen and representatives who are able to offer fast and
constant technical
assistance.
Abroad, it operates through 6 subsidiaries in Europe (UK, France, Spain, Germany, Netherlands and Republic of Ireland), 1 in the USA and 1 in China.
CEMBRE | Investor relations 13Group companies
Regional offices
Main importers
2026/06
Brescia
MadridMünchen
LyonBirmingham
Eindhoven
Dublin
Stuttgart
… PRESENT ALL OVER THE WORD
CEMBRE has a network of importers and agents who provide technical and commercial assistance andrapid delivery worldwide CEMBRE | Investor relations 14
Edison
Group companies
Main importers
2026/06
Shanghai
REVENUES BREAKDOWN
before commercial rebates by product family (€’000) CEMBRE | Investor relations 15Total OthersCable
glandsMarking
systemsRailway
productsToolsElectr.
connectors
155,145 4,668 11,233 29,786 16,562 18,441 74,455
1stHalf 2026
100% 3.00% 7.24% 19.20% 10.68% 11.89% 47.99% 136,151 4,447 10,262 27,308 16,244 17,436 60,454
1stHalf 2025
100% 3.26% 7.54% 20.06% 11.93% 12.81% 44.40% 13.95% 4.97% 9.46% 9.07% 1.96% 5.76% 23.16% Change
2026/06
1stHalf 2026
Electrical
connectors
Tools
Railway
Products
Marking
Systems
Cable
Glands
Others
1stHalf 2025
Electrical
connectors
Tools
Railway
Products
Marking
Systems
Cable
Glands
Others
GEOGRAPHICAL REVENUES BREAKDOWN
CEMBRE | Investor relations 16Change % 1stHalf 2025 1stHalf 2026 Italy 12,1% 53.0 Mln 59.4 Mln Sales 42.6% 42.1% % on total Change % 1stHalf 2025 1stHalf 2026 Rest of the World 47.1% 12.0 Mln 17.6 Mln Sales 9.7% 12.5% % on totalChange % 1stHalf 2025 1stHalf 2026Europe
(Italy excluded)
8.1% 59.3 Mln 64.1 Mln Sales 47.7% 45.4% % on total
2026/06
CONSOLIDATED RESULTS OF THE FIRST HALF OF 2026
CEMBRE | Investor relations 17 2026/061stHalf 2024 Change % 1STHalf 2025 1STHalf 2026 € Millions 119.5 13.6% 124.3 141.2 Sales
34.922.8%38.5 47.3 EBITDA
29.2% 31.0% 33.5% % of sales
28.425.4%31.5 39.6 EBIT
23.7% 25.4% 28.0% % of sales
28.626.2%31.3 39.4 EBT
23.9% 25.1% 27.9% % of sales 20.827.1%22.6 28.8 Net profit 17.4% 18.2% 20.4% % of sales 27.1% 27.6% 27.1% Tax rate %
GROUP’S COMPANIES TURNOVER* OF THE FIRST HALF OF 2026
CEMBRE | Investor relations 181stHalf
2024Change %1stHalf
20251stHalf
2026Company
(Euro thousands)
66,716 10.0% 63,795 70,181 CEMBRE S.p.A. (Italy)
14,171 11.9% 16,904 18,908 CEMBRE Ltd. (UK)
8,040 (5.6%) 8,450 7,978 CEMBRE S.a.r.l. (France)
11,470 13.1% 12,859 14,545 CEMBRE S.L.U. (Spain)
11,591 18.1% 12,239 14,456 CEMBRE GmbH (Germany)
7,525 54.3% 7,852 12,114 CEMBRE Inc. (USA)
- 23.9% 1,625 2,014 CEMBRE BV. (Netherlands) **
- 26.8% 544 690 CEMBRE EL.CON.LIM. (China) **
- - - 283CEMBRE IE. Ltd. (Republic of
Ireland) ***
119,513 13.6% 124,268 141,169 CEMBRE Group
* net of intragroup sales ** operating company in 2025 *** operating company in 2026
2026/06
Jun. 30,
2024Jun. 30,
2025Jun. 30,
2026€ Millions
90.4 103.2 114.5 Net operating working capitala 40.5% 44.9% 46.9% % of sales 114.5 131.9 146.5 Net fixed assetsb
- - - Assets available for salesc 1.7 1.6 1.5 Employees’ severance indemnitiesd 0.2 0.4 0.6 Provisions for risks and charges e 0.3 (0.3) (0.5) Deferred taxesf 203.3 232.8 259.3 Net invested capital (a+b+c-d-e+f) 197.1 209.0 228.1 Equityg 6.2 23.8 31.2 Net financial positionh
203.3 232.8 259.3 Total sources (g+h)JUNE 30, 2026 CONSOLIDATED BALANCE SHEET
CEMBRE | Investor relations 19 2026/06
70,0 84,1 93,4 94,3 76,0 93,9 103,0 103,9 104,5 112,9 121,4 122,6 132,6 144,1 146,3 137,1 166,8 198,8 222,6 229,7 244,3
0306090120150180210240270
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025REVENUES EVOLUTION CEMBRE | Investor relations 20Global
Economic
Crisis€ Millions
2026/06COVID
CEMBRE’S REVENUES AND PROFITABILITY TREND
(€ ‘000)
CEMBRE | Investor relations 21 2026/06
14.718
19.131
21.710
19.273
13.412
20.170
20.228
20.108
20.407
24.352
28.537
30.025
33.434
35.650
37.098
36.297
45.597
54.593
66.569
66.177
73.864
21,0%
22,7%23,2%20,4%
17,7%21,5%19,6%19,4%19,5%21,6%23,5%
24,5%25,2%
24,7%25,4%
26,5%27,3%
27,5%29,9%
28,8%30,2%
0,0%10,0%20,0%30,0%40,0%50,0%60,0%70,0%80,0%90,0%100,0%110,0%
05.00010.00015.00020.00025.00030.00035.00040.00045.00050.00055.00060.00065.00070.00075.00080.00085.000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025Ebitda (valueand margin% on sales)
CEMBRE’S REVENUES AND PROFITABILITY TREND
(€ ‘000)
CEMBRE | Investor relations 22 2026/06
11.023
15.941
18.420
16.221
10.581
17.379
17.291
16.456
15.838
19.433
22.836
24.095
27.036
28.496
27.181
25.200
34.188
42.572
53.964
52.804
59.784
15,7%18,9%
19,7%17,2%
13,9%18,5%16,8%
15,8%15,1%17,2%18,8%19,7%20,4%19,8%
18,6%18,4%20,5%21,4%24,2%
23,0%24,5%
0,0%10,0%20,0%30,0%40,0%50,0%60,0%70,0%80,0%90,0%100,0%
5.00010.00015.00020.00025.00030.00035.00040.00045.00050.00055.00060.00065.00070.000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025Ebit(value and margin % on sales)
CEMBRE’S REVENUES AND PROFITABILITY TREND
(€ ‘000)
CEMBRE | Investor relations 23 2026/066.6059.32711.89610.857
6.88711.340
11.40011.507
10.50313.54215.93316.92722.72722.73621.690
18.97525.32131.91840.82842.59046.645
5,0%5,9%9,4%11,1%12,7%
11,5%9,1%12,1% 11,1%11,1%10,0%12,0%13,1%13,8%17,1%15,8%14,8%13,8%15,2%16,1%18,3%
0,0%10,0%20,0%30,0%40,0%50,0%60,0%70,0%
5.00010.00015.00020.00025.00030.00035.00040.00045.00050.000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025Net result (value and margin % on sales)
14,18%17,80%18,85%
16,60%
10,79%15,56%13,90%
12,40%
11,64%13,26%14,66%14,72%15,85%
14,62%
13,37%
11,41%14,38%17,64%21,65%
19,47%19,89%
8,00%10,00%12,00%14,00%16,00%18,00%20,00%22,00%24,00%
29,45%
29,05%
23,39%
15,01%24,34%
21,23%
17,12%
15,45%18,35%20,61%21,49%23,13%
21,25%
18,11%
16,26%22,01%25,90%29,90%
26,06%26,49%
8,00%12,00%16,00%20,00%24,00%28,00%32,00%
15,69%17,83%
15,19%
9,06%13,23%
12,24%
11,28%
9,59%11,29%12,15%12,30%15,88%
14,87%13,52%
11,60%14,37%16,97%19,85%
19,38%20,01%
4,00%8,00%12,00%16,00%20,00%24,00%
18,95%19,72%
17,20%
13,93%18,50%
16,78%
15,84%
15,15%17,21%18,81%19,65%20,38%
19,78%
18,58%18,38%20,49%21,41%24,25%
22,99%24,48%
8,00%12,00%16,00%20,00%24,00%INDEX ANALYSIS
CEMBRE | Investor relations 24ROI (EBIT/Investments) ROACE (EBIT/Average Net Capital Employed) ROE (Net profit/Equity) ROS (EBIT/Net Sales)
2026/06
05.00010.00015.00020.00025.00030.00035.000
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Investments in tangible assets Investments in intangible assets Total investmentsINVESTMENTS TREND CEMBRE | Investor relations 2520252024202320222021202020192018201720162015201420132012201120102009 € ‘000 23,09328,17813,16211,5348,0727,181 10,60917,77511,7327,0646,5348,7596,802 12,59116,1833,8634,815 Investments in tangibleassets 1,2121,3411,407750919793 1.057691 1.101569601477573597418169182 Investments in intangibleassets 24,30529,51914,56912,2848,9917,974 11,66618,46612,8337,6337,1359,2367,375 13,18816,6014,0324,997 Total investments 2026/062011: purchase of industrial complex close to headquarters for 9.4mln/€2018: construction of new industrial building of 9,600m² for 5.9mln/€ 2012: creation of an automated warehouse in a new industrial building of 4,800 m2for 6.0 mln/€2024: construction in progress of two new industrial buildings of 15,000 m² for 16.2 mln/€ in 2024 2025: construction of industrial
buildingscompleted, galvanic
plant, industrial furnaces and various works for 18.2 mln/€
2026 AND ONWARDS
CEMBRE focused on these targets:
Business development thanks to:
Astrengthening of CEMBRE competitive advantage by developing new products and continuous product range renewing by anintense
R&D activity
Improvement of the distributor channel in foreign countries Ahigher penetration in the foreign markets , especially in the US and
Germany
A commercial commitment focus on high growing potential products Cost management by a better operative efficiency obtained from economies of scale and process innovations Enforcing the manufacturing structure by investing in high-tech, highly-
automated machinery.
CEMBRE | Investor relations 26 2026/06
The automated warehouse, located in a 4,800 m2industrial building built in 2012, with a storage capacity of 60,000 boxes (box size 60*40*32), has been operating from January, 2013.2026 AND ONWARDS CEMBRE | Investor relations 27
2026/06 CEMBRE | Investor relations 282026 AND ONWARDS In 2025 two new industrial buildings, for a total of 15,000 m2, were completed. The electrical connectors production line was relocated to these new buildings at the beginning of 2026; the project required an investment of €42mln with no-repayable grants totaling €4.9mln.
STOCK DATA & SHAREHOLDING STRUCTURE
CEMBRE | Investor relations 29CEMBRE has been listed since December 1997 , and is a part of theStar Index since September 2001.
Share Shareholders
51.57% LYSNE Spa
8.65% Sara Rosani 8.53% Giovanni Rosani 0.70% Anna Maria Onofri
30.55% Others
202520242023202220212020201920182017201620152014201320122011201020092008200720062005
2.061.881.801.401.200.900.900.900.800.700.460.360.260.160.160.260.120.160.260.220.15 Dividend per share (€) 74%74%74%74%79%79%69%66%59%70%49%45%42%24%24%39%30%25%37%40%39% Payout Ratio1 3.0%4.5%4.8%4.5%3.5%4.8%4.8%3 4.4%3.7%5.0%3.3%3.5%2.9%2.5%2.9%4.2%2.6%4.8%4.2%3.6%3.2% Dividend Yield2CEMBRE data updated at September 11, 2026 1Using consolidated profit 2Using the year-end share price
2026/06
SHARE PRICE EVOLUTION
CEMBRE | Investor relations 30Total return* 2006-2026
+14.4%
CAGR
Performance** 2006-2026
+13.8%
CAGR
* Total Return is the average ‘Share return’ growth in
the period
** Performance is the average ‘Share price’ growth in the period 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 81.82 68.20 41.70 37.20 30.70 34.20 18.85 24.0020.25 21.60 13.90 13.90 10.218.99 6.34 5.45 6.254.66 3.30 6.25 6.12 A) Share price1 19.9% 63.6% 12.0% 21.2% -10.2% 81.4% -21.5%18.5%-6.3% 55.4%0.0% 36.1% 13.6% 41.8% 16.3% -12.8%34.1%41.2% -47.2%2.1% 28.8% Change in share price 2.06 1.88 1.80 1.40 1.20 0.90 0.90 0.900.80 0.70 0.46 0.36 0.26 0.16 0.16 0.26 0.120.16 0.26 0.22 0.15 Received dividend 15.46 13.40 11.529.72 8.32 7.12 6.22 5.324.42 3.62 2.92 2.46 2.10 1.84 1.68 1.52 1.261.14 0.98 0.72 0.50B) Accrued received
dividends
97.26 81.60 53.20 46.92 39.02 41.32 25.07 29.3224.67 25.22 16.82 16.36 12.31 10.838.02 6.97 7.515.80 4.28 6.97 6.62 Share return (A+B) 84.1% 83.6% 78.4% 79.3% 78.7% 82.8% 75.2% 81.9%82.1% 85.6% 82.6% 85.0% 82.9% 83.0% 79.1% 78.2% 83.2%80.3% 77.1% 89.7% 92.4% Price quota 15.9% 16.4% 21.7% 20.8% 21.3% 17.2% 24.8% 18.1%17.9% 14.4% 17.4% 15.0% 17.1% 17.0% 20.9% 21.8% 16.8%19.7% 22.9% 10.3%7.6% Dividend quota 2026/06¹ at the end of the year ²at September 10, 2026
06121824303642485460667278849096102Share Price
Claudio Bornati
CFO & IR
Via Serenissima 9 • 25135 Brescia (BS) ITALY ph. +39 030 36921
claudio.bornati@cembre.com
cembre.comThe manager responsible for preparing the Company’s financial reports, Claudio Bornati, declares, pursuant to paragraph 2 of Article 154 bis of the Consolidated Law on Finance, that the accounting information contained in this presentation corresponds to the document results, books and accounting records.
CEMBRE | Investor relations 31CONTACTS