Sesa Group presentation - 3 months FY 2027 Group’s Results

1Q 2027 Results Corporate Presentation | September 14, 2026

2▪ Group’s Business Model and Strategy ▪ Group’s Financial Results 1Q 2027 ▪ Group’s Industrial Plan FY 2027 -2028 ▪ Annexes Financial StatementsAgendaAlessandro Fabbroni Group’s Chief Executive Officer

Jacopo Laschetti

Head of Stakeholder Relations and Sustainability

3Purpose,

Mission and

StrategyInnovation and

Sustainable

Growth for the benefit of all

StakeholdersLeading Digital

Integrator for

Enterprises and

Organizations

▪Successful business model oriented to emerging digital trends as Artificial Intelligence and Automation, Data Management , Cloud Computing, Cyber Security, Digital Platforms and Vertical Applications ▪Continuous long -term growth (CAGR 2012 -2026: Revenues +11.2%, Ebitda +14.1%, Group EAT Adjusted +14.1%), with increasing value -added for clients (Group Ebitda margin improving from 4.8% in FY 2019 to 7.2% in FY 2026) ▪New Industrial Plan 2027 -28 targets increasing cash flow generation and organic growth of +5% | +7.5% in Revenues, +5% | +10% in EBITDA, + 7.5% | 12.5% in Group EAT Adjusted for FY27 and FY28 ▪Successful achievements in FY 2026: Group revenues +7.9%, Ebitda +8.2%, EAT Adjusted +10.7% Y/Y vsPro-forma1 2025 (revenues +10,6%, Ebitda +10,6%, Group EAT adjusted +13,3% vs Reported 2025)Sesa Group Overview ▪Leading player for the digital integration ( Technology, Digital Platforms and Vertical Applications) of corporates and organizations: consolidated revenues ofEu 3,621 million (+7. 9% Y/Y vs Pro -forma1, +10.6% Y/Y vs Reported ) and 6,770 people as of 30 April 2026 ▪Operations mainly focused in Italy with headquarters in Empoli (Florence), main offices in Northern Italy and presence in several foreign European countries as Spain, Germany, France, Switzerland with a customer base of 40,000 clients , including

4,000 abroad

▪Purpose: Create long -term, sustainable value for all stakeholders promoting innovation, including digital innovation, within businesses and organizations, as well as the well -being of people ▪Mission: Enable sustainable growth, innovation, including digital innovation, and the ability of the Group's companies to compete on the digital market ▪Strategy: Sesa is a digital platform for enabling sustainable growth of enterprises and organisations, data -driven, market -oriented, and inspired by people (1) FY 2025 includes the pro forma contribution of the GreenSun acquisition (finalised on November 2024), with half -year pro forma revenues of Eu 83.7 mn, EBITDA of Eu 5.2m, and Group EAT Adjusted of Eu 2.1 mn

4AI adoption opportunity

AI Driven

Market Growth▪Italian digital market annual growth expected at 3.6% in 2026 -2029, supported by increasing demand for Artificial Intelligence and Automation, up 40% Y/Y, and data driven technologies, up 10% Y/Y ▪Private and vertical AI deployed within companies own infrastructure and processes ▪Digital investments in transformation, cybersecurity and data governance ▪Sesa Group growth higher than twice the market rate

Data Sovereignty

and Data

Management▪AI adoption requires creation, aggregation, management and control of large volumes of data ▪Data management increase driven by demand for data lakes and advanced data management platforms ▪Sovereign AI infrastructures, data centers and secure data environments to support AI workloads ▪Governance and security in line with regulatory and national compliance requirements

Renewable

Energy Demand ▪Green VAS supports customers in building digital infrastructures and developing photovoltaic energy solutions ▪Renewable energy demand supported by data centers, data management platforms and private AI solutions

AI Adoption

and Human

Capital

Enhancement▪Strategic opportunity to enhance customer solutions and act as a catalyst for internal efficiency and workforce development ▪People impact: continuous upskilling, productivity gains and efficient knowledge sharing across the organization ▪People Evolution journey supports operational efficiency and development of competencies in AI, automation and digital platforms, enhancing talent and enabling Group transformationAI does extend the Sesa digital integrator role, combining technology, digital platform and vertical applications with AI adoption

5Group Industrial Plan FY 2027 -2028 Strategic Targets1

Group

Business

Transformation

Journey▪Group evolution as digital integrator, combining technology, digital platform and vertical applications, to enable the digital transformation and AI adoption of companies and organizations ▪Focus on organic growth on core businesses ICT and Green VAS, Business Services, Software & System Integration ▪Ongoing organization streamlining with significant reduction of legal entities and process re -engineering, withdevelopment of digital platforms and adoption of digital enablers to support the evolution of business and operations (1) Main strategic targets of the new industrial plan 2027 -2028 approved by Sesa BoD on July 16, 2026; Italian digital market trend according to “Il Digitale in Italia 2026”: source Assintec /Assinform July 2026 (2) Organic Growth, compared to pro -forma figures as of April 30, 2025 including the pro -forma consolidation of GreenSun in the 1H 2025Market

overview Key

Technology

Domains▪Italiandigital market (Eu 84.4 bnin 2025 +3.4% Y/Y) is expected to grow at approximately 3.6% annually through 2029, driven by AI adoption, cloud computing, cybersecurity and data management •Cloud Computing: Eu8.7 bn market in 2025 (+16.9% Y/Y), supported by strong Public Cloud adoption (+22.5% Y/Y) •Cybersecurity: Eu2.2 bn market in 2025 (+12.2% Y/Y), driven by increasing cyber threats and regulatory requirements •Big Data & Analytics : Eu2.1 bn market in 2025 (+10.4% Y/Y ),with Data Governance a priority for 86 % of companies •AI: Eu 1.4 bn market in 2025 (+46.7% Y/Y), with 30% annual expected growth

AI and

Automation

adoption▪Growing demand for control, governance, and protection of data and critical infrastructures driven by AI and Automation

adoption

▪Strategic role as leading Italian digital integrator , combining technology, digital platforms and vertical applications, and enabling AI and automation adoption

Implementation

of the 2026 –27 Industrial Plan▪Successful achievements of 2026 -27 industrial plan targets for FY 2026: Group revenues +7.9%, Ebitda +8.2%, EAT Adj +10.7% Y/Y2reaching the upper range of the FY26 guidance provided in the 2026 -27 Industrial Plan ▪FY 2026 Results driven by the 2H26 acceleration, with Revenues up 9.8% Y/Y (+9.0% in 4Q26) and EBITDA up 9.9% Y/Y (+8.2% in 4Q26). Reported NFP improved to Eu 17.5 mn(Net Debt) from Eu 74.7 mnas of April 2025, up by Eu 57.2 mnY/Y ▪Pay-out ratio improved to 40% from FY 2026 (Dividend distribution of Eu 15.5 mnand Eu 25 mnbuy-back) thanks to growing cash flow from the operations

6New Industrial Plan :

moving from a bolt -on M&A approach toward a strategy focused on Organic Growth and

Group Transformation

as Digital Integrator

1973

n.s.1980 -90

5-10 Mn1994

20 Mn2008

0.5 Bn2012

0.81 Bn2013

0.83 Bn2020

1.7 Bn2020 -25

3.4 Bn2026 -28E

4.1 Bn

IPO Listing on Italian Stock exchange. Sesa is currently included in the FTSE Italia Mid Cap and FTSE Italia STAR indices of EuroNext MilanSesa Group Strategic Path

IBM services,

infrastructure &

software

Partnership with IBM to support the technological evolution of customers, expanding the offering to include IBM infrastructure

and software

Computer Gross

Foundation

Distribution of value -added ICT solutions of leading International Vendors for the business segment Establishment of Sesa

Foundation

Social, cultural and

educational initiatives

supporting community

development and

employee well -being Base Digitale Group

Foundation

Digital platforms, software solutions and digital innovation for the financial services industry Growth acceleration

through M&A

Strong acceleration in revenues and profitability driven by strategic M&A across SSI, VAS and

Business Services,

strengthening market and

position

Industrial Plan 2026 -2027 and

2027 -2028

Focused on core business and organic growth as a Digital Integrator, leveraging digital enablers and skills developmentSesa Foundation Sesa began its activity in 1973, providing IT services to companies operating in the industrial districts of Tuscany regionVar Group Foundation System integrator and software solutions for SMEs and Enterprise with progressive focus on business integration and

consulting

7Business Model and Organization Software and System Integration

(SSI)

4,463Revenues

Eu 909mn

187Revenues

Eu 23 mn Corporate Governance & Corporate Services Business Services (BS)

980Revenues

Eu 159 mn Value Added Solutions (VAS)

Revenues

Eu 2,255 mn695

Revenues

Eu 412mn101

Digital Ecosystem1

344Revenues

Eu 44 mn 100% 100% 100% 100% Software and Digital Integration for European Mid Corporate and EnterprisesDigital Platform, Security Solutions and Vertical Software Solutions for Financial Services Industry (banks, insurance, financial intermediaries, digital payment)Digital Services and Customer Experience integrating technology, data and omnichannel touchpointsICT and Digital Green Value Added Solutions, integration and ecosystem orchestrationCorporate services: Group Governance, M&A, HR, Finance & Control, ICT & Digital, Cybersecurity, Legal & Compliance▪Leading Digital Integrator (Technology , Digital Platform and Vertical Applications), with focus on key digital enablers as AI and Automation, Cloud, Cyber Security and Digital Platforms ;the Group operates through Vertical Business Units and Business Platforms ▪Eu 3.6 Bn consolidated revenues in FY 2026 (+ 7.9% Y/Y vs Pro -forma, +10.6% Y/Y vs Reported) and 6,770 people . Outstanding growth since the 2013 IPO: revenues CAGR (+12.6% 2020 -26, +11.2% 2012 -2026), Ebitda CAGR (+ 18.4% 2020 -26, +14.1% 2012 -2026) and Group EAT adjusted CAGR (+17.1% 2020 -26, +14.1% 2012 -2026) ▪Industrial Plan 2027 -28 targets an annual organic growth of +5.0% | +7.5% in Revenues and +5.0% | +10.0% in EBITDA , supported by the positive contributions of all Group’s sectors (1) The Digital Ecosystem figures are included and reported within the Corporate Sector in the view by Sector presented later in thepresentation

8Eu 812.0 mn Eu 3,621 mnEu16.8mn

Eu 106.1mn

Eu41.3mn

Eu 260.4 mnExperienced Management Team committed to the Group

REVENUES FY12

REVENUES FY26Sesa Group equity partners focus onlong-term development growth :

•Chairman and Sesa Founder in1973 Paolo Castellacci ,Vice-Chairman andSesa partner since 1978 Giovanni Moriani ;

•Group CEO andpartner since 2008 ,Alessandro Fabbroni ;

•SSISector Managing Partner since 2014 ,Francesca Moriani ;

•BSSector Managing Partner since 2020 ,Leonardo Bassilichi ;

•VAS Sector Managing Partner since 2014 ,Duccio Castellacci .

Sesa Holding S.p.A.(Chairman P.Castellacci ,CEO A.Fabbroni) isthe majority shareholder ofSesa with a57.11%,recently increased from 52.8%,withstable control since theIPOin2013 .

Sesa Group key people (founders and managers) holds around 75%of Sesa Holding share capital, while theresidual 23.8%stake isheld by Tamburi Investment Partners SpA long-term industrial partner since 2019 FY 12 FY 26 FY 12 FY 26Ebitda Revenues 812 41.3Group EAT AdjFY12 Group EAT AdjFY26

EBITDA FY12

EBITDA FY26

Sesa

Holding1

57.05%Treasury

Shares

0.07%

Floating

Shares

42.88%Sesa share capital 15,185,590 ord. shares CAGR 2020 -26

+17.1%CAGR 2020 -26

+12.6%

(1) Sesa share capital owned by Sesa Holding increased from 52.8% in 2024 to the current 57.1% as a result of the last 18 months actions: i) cancellation of 151,478 Sesa treasury shares on August 27, 2025 and of 157,522 Sesa shares on December 18, 2025, as well as ii) Sesa Holding purchase of around 372,000 Sesa shares since January 2025EBITDA margin FY12 EBITDA margin FY2 65.1%

7.2%

260.4

+8.2%

Y/Y vs

Pro-

Forma3,621

+7.9%

Y/Y vs

Pro-

Forma

CAGR 2012 -26

+11.2%CAGR 2012 -26

+14.1%Key people equity and long -term commitment Group Long -term track record achievements

9Geographical coverageContinuous and Sustainable Growth 6,770 employees of which 600abroad (1) FY 2025 results include the pro -forma financials of Greensun for 1H 25 and actual results for 2H 25, following the inclusion in the perimeter of consolidation starting from 3Q 25~𝟕𝟎0 New

Hires

97%

Permanent

Contract~20%

People

below 30 y/o

11.4%

Entry Turn

Over7.8

Years

Average

Seniority▪Revenues FY 2026 +7.9% Y/Y vs Pro -forma 20251 ▪Revenues CAGR 2012 –2026 equal to 11.2% 812

FY12832

FY13948

FY141,060

FY151,230

FY161,271

FY171,363

FY181,551

FY191,776

FY202,037

FY212,390

FY222,908

FY233,210

FY243,357

FY253,621

FY26

Revenues Eu Mn and Y/Y growth in the FY+2.5%+13.9%+11.8%+16.0% +3.3%+7.2%+13.8%+14.5%+14.7%+17.3%+21.7%+10.4%+4.6%+7.9% Revenue Continuous Growth –FY26 revenues reached Eu 3.6 21 Bnwith +7.9% Y/Y vs Pro -forma.

–Continuous expansion confirmed by +11.2% CAGR over 2012 –2026.

–Growth path supported by organic development in FY 2026, with a full achievement of the target for the first Year of the Industrial Plan 2026 -2027People and Talent Management Programs –Focus on inclusion, engagement and skills development of ourtalented people.

–Internal hiring and bolt -on M&A add diverse backgrounds, perspectives and skills.

–Welfare, inclusion and digital skills programs strengthen wellbeing and work -life balance.

–About 125,000 training hours in FY26 (+ 6% Y/Y); 2 0% of people below 30 y/o.▪6,775 people as of 31 July,2026 (+2.7% Y/Y, flat vs 30

April, 2026)

▪People Highlights

10Sustainability as a strategic driver and core part of Corporate Vision

Human

Resources and

WelfareEnvironmental

Sustainability▪Carbon Neutrality program in line with EU Agenda ▪Environmental performance in FY 2026:

-Electricity consumption per capita 1,944 kWh ( 4% reduction Y/Y) -Natural gas consumption per capita 71.77 Smc (5% reduction Y/Y) -Green electricity program adoption (97% of total supplies FY 2026) ▪Lines of business dedicated to sustainability and digital green (technology and consulting) Sustainability Governance▪Sustainable growth in corporate bylaws as strategic target of Sesa BoD (since Jan 2021) ▪Sesa Group certifications : SA 8000 (Social Accountability Int. Std); UNI Pdr125/2022 (Gender Equality); Environmental certification ISO 14001; UN Global Compact membership ▪ESG Rating : Ecovadis CSR rating: Platinum medal; MSCI ESG rating: BBB; CDP rating: B ▪ESG Targets disclosed in Group Integrated Annual Report

Social and

economic

development

▪Continuous enforcement of welfare programs for well -being of co -workers:

-Benefits for employees' children (nursery, scholarships, study vacations and digital vouchers) -Sustainable mobility programs -Work -life balance and well -being programs

-Education programs

-Diversity & Inclusion programs ▪Inclusion of ESG targets in the MBO of the Group key people ▪Value generation in a responsible way for social communities and all stakeholders ▪Improving quality life of people, organizations and environment through digital transformation ▪Sesa Foundation : no-profit organization committed to charity, welfare and social community programs ▪Stakeholder Relations Team dedicated to stakeholder engagement Purpose to create long -term, sustainable value for all stakeholders promoting innovation, including digital innovation, within b usinesses and organizations, as well as the well -being of people ESG as a strategic driver and core part of Sesa Corporate Vision

11Evolution from bolt-on M&A expansion to organic growth From massive acquisition sto selected M&A : fewer deals starting from FY2026 84

M&A transactions

completed FY2015 –FY2026Eu 848million annual revenue added at acquisition date4 selected M&A in FY2026 (Eu 18million revenue added) M&A cadence and contribution by period Bars = number of acquisitions Values below = M&A contribution at acquisition date (Eu mn) 5

FY15 –174

FY18 –196

FY2013

FY2113

FY2216

FY2313

FY2410

FY254

FY26FY2026 focus onselection over volume 4Bolt on M&A sharper focus on strategic fit 4 SSI acquisitions: Visicon (Germany) , Delta TI (Spain) , 4IT SAGL (Switzerland ) and Albasoft (Italy) Plan -aligned: supports the industrial Plan priorities International growth: expands presence in high -value

markets

Disciplined structure: key-people retention and ~5 xEBITDA

±NFP

(1) Revenues in Eu mnand headcount of target companies at the acquisition date (last 12 months before acquisition) (2) FY2025 includes Greensun pro-forma for 1H25 and actual results for 2H25M&A contribution (Eu mn) 56 82 88 76 152 79 112 186 18 FY202 7focus onselection over volume , no M&A executed in Q1 27

12 SSI: Partner for European Enterprises Digital Transformation Vertical Business Platform focused on business applications and digital integration:

Cloud Technology Services, Cyber Security, Proprietary ERP & Vertical Solutions, Enterprise International Platform, Digital Experience, Digital Workspace, Data Science/AILeading System Integrator and Software Solutions provider with growing focus on Business Integration and Consultancy, Cloud and Data Science/AI, Cyber Security, with outstanding growth over the past sixyears (CAGR 2020 -2026 Revenues +14.8%, Ebitda +16.9%) improving by two times revenues and market shareCustomer base of around 10,000 enterprises and mid -sized corporates, including 2,000 abroad , with growing international presence (Spain, France, Germany, Austria, Switzerland and Central Eastern Europe)At a Glance Business Platforms Customer base Cloud Tech.

Services ;

47.0%

Cyber

Security ; 7,0%Proprietary ERP & Vertical Solutions ;

21.0%Enterprise Int.

Platforms

18.0%Digital Experience ; 1.0%Digital Workspace ; 3,5% Data AI ; 2,5%

Total revenue

Eu 909 MnGeographic footprint FY26 revenue by Business PlatformSSI Business Platforms

CLOUD TECHNOLOGY

SERVICES

•Hybrid Cloud services (SaaS, PaaS, IaaS) and Multi Cloud •Integration between public cloud and

datacenter services

•Applications modernization

DIGITAL EXPERIENCE

•Marketing & Digital Strategy •Omnichannel e -commerce

•Experience Technology

•Data driven Intelligence •Design & Creative communicationCYBER SECURITY •Leader in Cyber Security consulting •Security Operation Center (SOC) •Cyber Threat Intelligence •European market presence: Italy, DACH, Spain with 300 headcount

DIGITAL WORKSPACE

•Unified Communication

•Digital workspace and Collaboration •Digitalization of workstations •Workspace booking and management •Digital EventsDATA SCIENCE/AI •Applied and Generative AI, Advanced

Analytics

•Data Intelligence Platform for Predictive Corporate Performance Management

ENTERPRISE INTERN. PLATFORMS

•Business Consulting and Integration •ERP Solutions on International platforms (SAP, Microsoft, Siemens) •Smart Industry solutionsPROPRIETARY ERP & VERTICAL

SOLUTIONS

•Proprietary ERP & Vertical Applications for SMEs and Enterprises •Client main industries: Mechanics, Automotive, Pharma, Retail, Fashion Key Financials FY26

People

4,463

EBITDA (%)

10.6%

Revenues

Eu 909mn

# Customers

10,000

EBITDA CAGR

2020 -26

16.9%

Revenue CAGR

2020 -26

14.8%

13VERTICAL APPLICATIONS

•HC 325

•Vertical Banking Applications Treasury, Finance, Derivatives •Wealth Management and Capital markets Software Solutions •Banking supervision services •Banking regulatory procedures

pplicationDIGITAL PLATFORMS

•HC 655

•Digital Platforms for process automation, customer experience, master securitization and cash management •Reference player in Italy in integrated security management solutions for Financial Services Industry •Open -PSIM (Physical Security Information Management) and open -

BMS (Building Management System) solutions

latform

60%Business Services: Partner for Financial Services Digital Transformation Dual Market Focus: Finance and Enterprise •Financial Services (BDA): solutions for fintech, banks, insurers and digital payment players, enabling innovative financial operations.

•Enterprise (BDP): digital transformation and financial services platforms for utilities, retail, asset management, improving efficiency and process integrationBusiness Services started on February 2020 and focused on Digital Platforms, Vertical Banking Applications and Security for Financial Services Industry, achieving a CAGR 2020 -26 of +63.9% in Revenues and + 94% in Ebitda .

Outstanding growth expected in FY 2027 -28 reaching Eu 200 mnrevenues by 2028E and 19% Ebitda %Extensive presence with more than 900 clients;

a customer -centric approach that puts client experience at the core, offering innovative and tailored solutions ; over 40 proprietary platforms used by clients across all industries .

Native digital business powered by Data, AI and Automation, delivering Eu 50 mn revenues and a 350 skilled team in FY26At a Glance Financial Services and Enterprise Market Presence and Digital Excellence Key Financials FY26

People

980

EBITDA (%)

18.8%

Revenues

Eu 159 mn

# Customers

900

EBITDA CAGR

2020 -26

94.1%

Revenue CAGR

2020 -26

63.9%

Banking, Capital Market & Insurance Vertical Digital Platforms for the banking, financial, and insurance

segmentsBusiness Process

Automation and Management for the Financial Services Industries (process automation,

securitization)

Customer Experience & Digital Evolution Application:

Digital platform solutions to transform the customer experience, with data enhancement and AI adoptionIntegrated Security Solution:

Advanced data protection and security integrating data and physical protection Base Digitale Group Offering Trading value chain Value -added servicesFront -end

Core Banking

Credit Value ChainRegtechPayments and Collections Value ChainFinancial Ecosystem Base Digitale Group Vertical Strategic Business Units 40%

As % FY26

revenueAs % FY26

revenue

Powered by proprietary platforms and partner technologies, delivering integrated, scalable solutions that combine innovation andexpertise

14Cloud, Security,

DC Solutions ;

63.8%

Networking &

Collaboration ; 13.5%Data Science AI Solutions; 6.4%Devices, Digital Workspace ;

16.3%Organized into specialized units managing partnerships with over 165 major IT vendors.

Its offering covers Cloud (SaaS, IaaS, XaaS ), Data & AI, and Security Solutions, driving recurring revenue growth. Leading role in AI enablement, as the first European Competence Center for IBM and the leading Italian Microsoft partner focused on AI Copilot and Data/AI integration in Cybersecurity.Value -added Technology Integrator and Solutions aggregator , providing consulting, marketing, and training to accelerate the adoption of emerging technologies across the ICT ecosystem. Leader in the Italian VAD market1with ~48% share (64% in Cloud & Enterprise Software). Double -digit growth over the past 6 years (CAGR 2020 -26: Revenues +7.6%, EBITDA +11.3%).ICT VAS serves a solid and diversified ecosystem of approximately 20,000 business partners, including corporate reseller, software houses, system integrators, MSPs, and CSPs with growing focus on strategic consultant, digital integrator, corporate service players, managed service provider.At a Glance Business Units Customer base FY26 revenue by competence centers ICT VAS Competence centers

CLOUD, SECURITY, DC

SOLUTIONS

•Public and Hybrid Cloud

•Datacenter Solutions

•Cyber Security technology: SIEM, End Point Security, Software Encryption DataKey Financials FY26

People

695

EBITDA (%)

4.5%

Revenues

Eu 2,255 mn # Bus. Partners

20,000

EBITDA CAGR

2020 -26

11.3%

Revenue CAGR

2020 -26

7.6%ICT VAS: Digital Integration of ICT ecosystems

DEVICES, DIGITAL WORKSPACE

•Devices and peripherals

•Printing equipment

•Digital Workspace for Multi -Cloud & Hybrid organizations •Smarter add -on and IoT

DATA SCIENCE/AI SOLUTIONS

•Advanced Analytics, Data

Management

•Applied and AI in partnership with main international vendors •In-house team leading AI project .NETWORKING &

COLLABORATION

•Networking and connectivity •Installation and setup support for all systems and devices •Free Replacement of damaged products .Italian Market share ICT VAS1

Total revenue

Eu 2,255 mn The ICT VAS sector continues to evolve, driven by the growing demand for digital integration of AI, data management and data protection and the dynamic trend of Cloud, Datacenter , Security Segments .

Expansion is supported by the ability to attract new Vendors and partnerships, and by the opening of opportunities with emerging System Integrators, MSPs and CSPs.Computer Gross ; 45.1%

Competitor 1;

17.3%Competitor 2;

8.8%Competitor 3;

5.5%Others ;

23.3%

(1) Source Sirmi, April 2026. CG market share on total Italian Value Added Distribution market (networking, software enterprise, customized services, server, storage), including the subsidiaries ICOS and Altinia Distribuzione

15Photovoltaic panels,

modules ; 42% Energy storage ; 31%Other equipment ; 3%Inverters , 24%FY2026 marks a year of strong organic growth and market consolidation. Revenues reached Eu 412.2 million (+19.9% Y/Y vs Pro-Forma1), benefiting from the full -year contribution of GreenSun and supported by growing demand for renewable energy solutions from the business segment, further driven by the increasing adoption of data management, data governance and private AI solutions.Joined the Group in 2021 through the acquisition of PM Service (Eu 30 mn revenues at the time). The sector focuses on technologies and services supporting renewable energy production, through a value -added offering of photovoltaic systems, panels, inverters, and storage , along with tailored solutions in partnership with leading global vendors, with 2,000 business partners The PV market is gradually evolving towards a greater contribution from inverters, batteries and energy storage systems, supporting a more diversified and value -added offering.

During FY2026, the integration between PM Service and GreenSun was completed under the One Company model, with expected benefits in terms of operating efficiencies, process integration and commercial effectiveness.At a Glance Financial Evolution Future Expectations FY26 revenue by competence centers Green VAS competence centers

PHOTOVOLTAIC PANELS,

MODULES

•Photovoltaic Panels

•ModulesKey Financials FY26

People

101

EBITDA (%)

7.0%

Revenues

Eu 412mn

# Bus. Partner

2,000

Green VAS Services & EducationGreen VAS: Digital Partner of environmental sustainability

ENERGY STORAGE

•Battery

•Energy StorageOTHER EQUIPMENT •Photovoltaic and electric

equipment

•Electric Vehicles equipment

INVERTERS

•Inverters

•Partner of leading inverter brandsSupply & logistics:

three Italian warehouses ensure efficient storage, shipping, and timely

deliveries

Seminars &

workshops :

technical training and webinars across Italy led by expert engineersPre-sales technical support: guidance on product selection and

system configuration

Post -sales technical support : ongoing

assistance, installation

guidance, and on -site support if needed

Total revenue

Eu 412mn

Revenue CAGR

2021 -26

141.5%

EBITDA CAGR

2021 -26

146.9%

1) FY 2025 results include for the H1 2025 the pro-forma data of Greensun , company whose acquisition was formalized in November 2024;

16▪ Group’s Business Model and Strategy ▪ Group’s Financial Results 1Q 2027 ▪ Group’s Industrial Plan FY 2027 -2028 ▪ Annexes Financial StatementsAgendaAlessandro Fabbroni Group’s Chief Executive Officer

Jacopo Laschetti

Head of Stakeholder Relations and Sustainability

17(1) EBIT Adjusted and Group EAT Adjusted are presented after minorities and before amortisation of intangible assets (client list s and know -how) arising from PPA, and before costs related to the Stock Grant Plan, all net of the tax effect.

(2) Sesa Shareholders’ Meeting as of 28 August 2020 resolved not to distribute dividends considering the pandemic emergency (3) NFP gross of IFRS Liabilities to minorities for Earn Out and Put Option M&As and IFRS16 debt.

(4) Consolidated NFP reported atJuly 31, 2026includes Eu 173.3 mnof IFRS Debt (of which Eu 1 22.5 mnrelated to deferred liability towards minorities for M&As and Eu 50.8 mnrelated to IFRS 16) compared to Eu 213.6 mnatJuly 31, 2025Group’s actual results 1Q 2027 as of July 31, 2026 ▪In 1Q 2027, the Group continued its solid growth trajectory, with consolidated revenues reaching Eu 901.1 million, up 6.5% Y/ Y, entirely driven by organic growth across the Group’s core business sectors.

▪Ebitda reached Eu 65.3 million, up 7.6% Y/Y, outpacing revenue growth, with EBITDA margin stable at 7.2%. EBIT Adjusted increased by 6.2% Y/Y to Eu 50.2 million, with EBIT Adjusted margin at 5.6%, confirming the Group’s solid operating profitability.

▪Group Adjusted EAT reached Eu 30.1 million, up 7.1% Y/Y, while Reported EAT increased by 8.1% Y/Y to Eu 25.4 million. Net fin ancial charges amounted to Eu 7.5 million compared to Eu 7.2 million in 1Q 2026, mainly reflecting the upward trend in interest rates, while showing a solid improvemen t compared to Eu 8.5 million in 4Q 2026.

▪As of July 31, 2026, reported NFP including IFRS 16 strongly improved to Eu 23.4 million from Eu 64.9 million in as of July 3 1, 2025.Eu million FY 2020 FY 2026CAGR

FY12 -26CAGR

FY20 -261Q 26 1Q 27 Variance Revenues 1,776.0 3,620.8 11.2% 12.6% 845.7 901.1 6.5% Ebitda 94.5 260.4 14.1% 18.4% 60.7 65.3 7.6% Ebitda Margin 5.3% 7.2% 7.2% 7.2%

EBIT Adj170.0 197.5 13.1% 18.9% 47.3 50.2 6.2%

EBIT Adj Margin 3.9% 5.5% 5.6% 5.6% Amortisation of client lists/know how and stock grant²(6.1) (45.6) 16.0% 39.8% (8.7) (8.7) 0.4%

EBIT 63.9 152.0 13.0% 17.9% 38.6 41.4 7.5%

Financial income / (charges) (5.0) (34.6) n.a. 37.9% (7.3) (7.6) Income / (loss) on equity investments 1.7 0.9 n.a. (10.1%) 0.1 0.1 Net financial income and expense (3.7) (33.7) 17.0% 44.5% (7.2) (7.5) 4.7% EAT reported 42.2 80.6 12.3% 11.4% 23.5 25.4 8.1% EAT Reported Margin 2.4% 2.2% 2.8% 2.8% EAT Adjusted145.4 115.0 15.2% 16.7% 30.0 32.1 7.2% Group EAT Adj141.2 106.1 14.1% 17.1% 28.1 30.1 7.1% Group EAT Adj Margin 2.3% 2.9% 3.3% 3.3% Headcounts 2,547 6,770 15.9% 17.7% 6,593 6,775 2.7% Dividend per share20.00 1.33 1.00 1.33 +33.0% Total dividend 0.0 20.6 NFP debt /(cash)3(110.3) (182.1) (148,8) (149,8) (1,0) NFP reported (incl. IFRS)4(54.7) 17.5 64,9 23,4 (41,4)

181Q 2027 Group’s actual results by Sector ▪1Q2027 consolidated revenues reached Eu901.1million, up6.5%Y/Y, driven bysolid organic growth across theGroup’s core business sectors, with ICTVAS up8.1%Y/Y, Green VAS up 14.4%Y/YandBusiness Services up10.7%Y/Y, while Software andSystem Integration recorded a3.2%Y/Ydecline, mainly reflecting ongoing Business Unit re-engineering activities, the disposal ofselected non-strategic assets andchanges intheperimeter ofcertain legal entities, withexpected growth recovery starting from Q22027 .

▪1Q2027 consolidated EBITDA amounted toEu65.3million, up7.6%Y/Y, with EBITDA margin stable at7.2%.Profitability growth was supported bythedouble -digit EBITDA growth ofICT VAS (+10.7%Y/Y), Green VAS (+23.1%Y/Y) andBusiness Services (+17.6%Y/Y).Software &System Integration EBITDA declined by2.5%Y/Y(flatY/YnetoftheFY2026 disinvestments of non-strategic assets) ,withEBITDA margin increasing to10.8%,reflecting theinitial benefits ofBusiness Unitre-engineering activities, also aimed atenhancing operational efficiency .

▪1Q2027 Group Adjusted EAT reached Eu30.1million, up7.1%Y/Y, driven byGroup Adjusted EAT growth inICTVAS (+12.6%Y/Y), Green VAS (+20.3%Y/Y) andBusiness Services (+11.4%Y/Y) andsubstantially stable trend inSoftware &System Integration (-1.3%Y/Y, +1,0%Y/YnetoftheFY2026 disinvestments ofnon-strategic assets) .REVENUES EBITDA GROUP EAT ADJUSTED Eu million 1Q 19 1Q 20 1Q 21 1Q 22 1Q 23 1Q 24 1Q 25 1Q 26 1Q 27 1Q 19 1Q 20 1Q 21 1Q 22 1Q 23 1Q 24 1Q 25 1Q 26 1Q 27 1Q 19 1Q 20 1Q 21 1Q 22 1Q 23 1Q 24 1Q 25 1Q 26 1Q 27 Software System Int. 82.2 95.0 106.3 129.5 153.2 183.9 213.9 219.9 212.9 5.9 8.1 12.5 16.7 19.1 23.2 24.2 23.5 22.9 1.8 2.2 3.1 6.3 6.7 8.2 10.0 7.2 7.1 Change Y/Y 15.6% 11.9% 21.8% 18.3% 20.0% 16.3% 2.8% (3.2%) 38.9% 53.6% 33.3% 14.8% 21.4% 4.1% (2.7%) (2.5%) 22.2% 42.1% 100.0% 6.9% 22.4% 21.9% (27.4%) (1.3%) Margin on revenues 7.1% 8.6% 11.8% 12.9% 12.5% 12.6% 11.3% 10.7% 10.8% 2.2% 2.3% 2.9% 4.8% 4.4% 4.4% 4.7% 3.3% 3.4% ICT VAS 288.8 366.8 390.2 400.4 445.1 508.3 510.6 496.8 536.9 9.6 13.1 14.4 16.7 19.1 20.9 22.4 22.2 24.6 5.1 7.6 8.8 9.7 11.5 12.3 11.5 13.4 15.1 Change Y/Y 27.0% 6.4% 2.6% 11.2% 14.2% 0.5% (2.7%) 8.1% 36.0% 10.1% 15.8% 14.7% 9.0% 7.3% (0.9%) 10.7% 49.0% 15.4% 11.0% 18.0% 6.9% (6.5%) 16.7% 12.6% Margin on revenues 3.3% 3.6% 3.7% 4.2% 4.3% 4.1% 4.4% 4.5% 4.6% 1.8% 2.1% 2.2% 2.4% 2.6% 2.4% 2.2% 2.7% 2.8% Green VAS 29.1 77.4 86.3 89.3 111.4 127.4 2.6 6.8 7.5 5.3 6.2 7.7 2.5 4.6 4.4 3.3 3.5 4.2 Change Y/Y n.s.165.9% 11.5% 3.5% 24.7% 14.4% n.s.158.4% 10.3% (29.8%) 17.9% 23.1% n.s. 83.0% (5.5%) (24.8%) 5.0% 20.3% Margin on revenues 9.1% 8.8% 8.7% 5.9% 5.6% 6.0% 8.7% 6.0% 5.1% 3.7% 3.1% 3.3% Business Services 11.9 13.9 18.4 28.2 35.8 36.9 40.8 0.7 1.7 1.6 3.1 5.9 7.3 8.6 0.0 0.6 0.1 1.1 2.6 3.5 3.9 Change Y/Y 16.3% 33.1% 53.0% 26.8% 3.0% 10.7% 163.9% (9.9%) 97.8% 89.7% 25.0% 17.6% n.s. n.s.682.4% 143.2% 34.5% 11.4% Margin on revenues 5.5% 12.5% 8.5% 10.9% 16.4% 19.9% 21.1% 0.3% 4.4% 0.7% 3.8% 7.2% 9.4% 9.5% Group Cons. results 349.6 440.2 487.8 552.8 669.9 776.4 827.6 845.7 901.1 15.7 21.8 28.3 38.5 47.6 55.8 58.4 60.7 65.3 7.0 9.8 13.5 19.5 23.9 27.4 27.2 28.1 30.1 Change Y/Y 25.9% 10.8% 13.3% 21.2% 15.9% 6.6% 2.2% 6.5% 38.8% 30.2% 35.7% 23.7% 17.2% 4.7% 4.0% 7.6% 40.9% 37.3% 44.5% 22.4% 14.7% (0.5%) 3.1% 7.1% Margin on revenues 4.5% 4.9% 5.8% 7.0% 7.1% 7.2% 7.1% 7.2% 7.2% 2.0% 2.2% 2.8% 3.5% 3.6% 3.5% 3.3% 3.3% 3.3%

19Group’s Net Financial Charges quarterly trend •Netfinancial charges amounted toEu7.5million inQ127compared toEu7.2million in1Q2026 ,mainly reflecting theupward trend in interest rates, while showing asolid improvement compared toEu8.5million in4Q2026 ,inlinewiththe2027 Industrial Plan.

•Netfinancial charges showed anoverall improving trend, declining from Eu9.8million in2Q2026 toEu8.3million in3Q2026 ,Eu8.5 million in4Q2026 andEu7.5million in1Q2027 ,supporting theGroup’s netprofitability .Eu million 1Q 25 2Q25 3Q 25 4Q 25 1Q 26 2Q 26 3Q 26 4Q 26 1Q 27 Financial income / (charges) (7.7) (11.5) (10.4) (11.0) (6.8) (9.8) (8.9) (8.6) (7.6) FX gains / (losses) 0.1 (0.3) (0.2) (1.1) (0.5) (0.2) 0.2 (0.1) (0.0) Income / (loss) on equity method investments 0.1 0.2 0.2 0.4 0.1 0.2 0.4 0.2 0.1 Financial charges, net (7.4) (11.6) (10.4) (11.7) (7.2) (9.8) (8.3) (8.5) (7.5) Financial income / (charges) -Var % Y/Y 5.1% 32.1% 13.6% (7.5%) (11.6%) (15.0%) (14.1%) (22.1%) 12.2% Financial income / (charges) -Var % Q vs Q (35.3%) 50.0% (9.8%) 5.7% (38.2%) 44.3% (8.8%) (4.1%) (11.1%) Financial charges, net -Var % Y/Y 16.9% 48.3% 3.5% 6.5% (3.0%) (15.5%) (19.9%) (27.8%) 4.7% Financial charges, net -Var % Q vs Q (32.7%) 55.9% (10.4%) 13.3% (38.7%) 35.8% (15.0%) 2.1% (11.1%)

20Group Financial Results (NFP, IFRS 16, IFRS 3 and NWC) April 2020 -July 2026 ▪AsofJuly31,2026 ,Reported NFP (including IFRS liabilities) waspassive (netdebt) atEu23.4million, strongly improved compared toEu64.9 million (netdebt) asofJuly31,2025 ,reflecting theGroup’s continued financial discipline while supporting itsorganic growth trajectory .

▪IFRS 3liabilities, mainly related toDeferred prices andPutOptions from M&A transactions, decreased toEu122.5million asofJuly31,2026 , from Eu143.2million asofApril 30,2026 and Eu159.8million asofJuly 31,2025 ,confirming theprogressive settlement ofdeferred consideration andPutOptions .

▪NFP before IFRS liabilities waspositive atEu149.8million ,improving byEu1.0million compared toEu148.8million asofJuly31,2025 .

▪Shareholders’ Equity further increased toEu547.1million asofJuly31,2026 ,from Eu529.2million asofApril 30,2026 andEu521.5million asofJuly31,2025 ,after Eu40million ofdividend distribution andbuyback over last12months .The table opposite presents the Net Financial Position reported (including IFRS 16and IFRS 3 liabilities) from Apr20toJul26.

Wealso presented thetrend ofNet financial position excluding the IFRS liabilitiesNet Financial Position (April 2020 –July 2026) Currency : €'m Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24Oct24

Pro-

formaApr25 Jul25 Oct25 Apr26 Jul26 Shareholders Equity 253.9 272.3 297.4 286.6 335.2 352.1 424.1 442.8 477.3 499.1 500.8 521.5 501.9 529.2 547.1 NFP debt /(cash) (110.3) (101.7) (197.4) (170.9) (245.3) (189.5) (239.5) (153.4) (211.0) (88.1) (158.4) (148.8) (89.4) (182.1) (149.8) IFRS 16 liabilities 38.6 41.3 43.9 41.3 44.9 45.1 50.1 39.4 48.1 42.3 57.2 53.8 57.6 56.4 50.8 IFRS 3 liabilities 17.0 37.2 58.8 96.0 108.4 133.9 155.7 171.4 160.2 167.8 176.0 159.8 150.8 143.2 122.5 Of which deferred prices 5.6 14.1 17.2 18.4 19.2 27.6 34.8 41.8 25.1 49.7 25.6 17.1 15.2 26.8 21.6 NFP reported (incl. IFRS) (54.7) (23.1) (94.7) (33.6) (92.0) (10.5) (33.7) 57.4 (2.7) 122.1 74.7 64.9 119.0 17.5 23.4 Net Working Capital (April 2020 –July 2026) Currency: €'m Apr 20 Oct 20 Apr 21 Oct 21 Apr 22 Oct 22 Apr 23 Oct 23 Apr 24Oct 24

Pro-

formaApr 25 Jul25 Oct25 Apr26 Jul26 Net working capital 54.7 76.7 (2.7) 24.1 (32.5) 20.3 (17.1) 36.1 (13.4) 101.2 28.1 38.7 61.5 (31.4) 9.9 NWC as % of LTM revenues 3.1% 3.6% (0.1%) 1.1% (1.4%) 0.8% (0.6%) 1.2% (0.4%) 3.1% 0.8% 1.1% 1.8% (0.9%) 0.27%

21 NFP reported (incl. IFRS) bridge from July 31, 20 25 to July 31, 20 26 Thereported NetFinancial Position (NFP) asofJuly 31,2026 ,shows anetdebt ofEu23.4million, improving from Eu64.9million (netdebt) asofJuly 31,2025 ,reflecting LTM investments ofEu121million (netofdisposals ofnon-core assets), withEu59million allocated toM&A andMinorities Acquisitions, LTM share buy-backs anddividend distributions ofEu41million, andFree Cash Flow before CapEx ofEu203million .

FCF before Capex for Eu 203 million Investments LTM amounted to Eu 121 mnof which Eu 59mn allocated to M&A and acquisition of minority interestsShare buybacks and dividends in the LTM amounts to Eu 41 mn Increase Decrease Total

22Industrial Plan FY 2027 -FY 2028

Eu million FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 251FY26 FY 27E FY 28E

Revenues 1,363.0 1,551.0 1,776.0 2,037.4 2,389.9 2,907.6 3,210.4 3,356.8 3,620.8 3,802.0 -3,892.0 3,992.0 -4,184.0 Change Y/Y 13.8% 14.5% 14.7% 17.3% 21.7% 10.4% 4.6% 7.9% 5.0% -7.5% 5.0% -7.5%

EBITDA 63.1 74.3 94.5 126.0 167.7 209.4 239.5 240.7 260.4 274.0 -287.0 287.5 -315.0

Change Y/Y 17.7% 27.2% 33.3% 33.1% 24.9% 14.4% 0.5% 8.2% 5.0% -10.0% 5.0% -10.0% Margin on revenues 4.6% 4.8% 5.3% 6.2% 7.0% 7.2% 7.5% 7.2% 7.2% 7.2% -7.4% 7.2% -7.5% Group EAT Adj ³ 28.6 31.4 41.2 57.8 82.7 102.3 106.4 95.8 106.1 114.0 -119.0 123.0 -134.0 Change Y/Y 9.8% 31.2% 40.3% 43.1% 23.7% 4.0% (9.9%) 10.7% 7.5% -12.5% 7.5% -12.5% Margin on revenues 2.1% 2.0% 2.3% 2.8% 3.5% 3.5% 3.3% 2.9% 2.9% 3.0% -3.1% 3.1% -3.2% (1) Pro -forma FY2025 results include GreenSun contribution in 1H25; Italian digital market trend according to “Il Digitale in Italia 2026”, Assintec /Assinform, July 2026Strategic objectives ofthe FY2027 –FY2028 Industrial Plan ▪Digital integrator model: combine technology, digital platforms and vertical applications to enable client digital transformation and AI adoption ▪Focus on core businesses and organic growth ▪AI & Automation adoption : capture accelerating demand for governance, data protection and critical infrastructure resilience ▪Operational streamlining : reduce legal entities, re -engineer processes and scale digital platforms / enablers ▪Eu 4.1 Bn revenues, over Eu 300 million Ebitda and Eu 130 million Group Adj EAT in FY 2028E targeting an operating cash flow of around 200 million

per Year

▪Plan enablers: ~Eu 100mn annual investments in digital enablers and people skills, completion of minority -interest acquisitions, selective M&As with shareholder returns payout confirmed at 40%.

Strategic objectives by Group’s Sectors ▪VAS (ICT & Green VAS): mid-to-high single digit Revenues, EBITDA and EAT growth, driven by demand for data management, cybersecurity, private AI and di gital sovereignty and energy from renewables sources ▪Business Services: expected to achieve double -digit growth (~10%) in both revenues and EBITDA, driven by the development of vertical applications a nd digital platforms for the Financial Services industry, alongside increasing market penetration.

▪SSI: expected to deliver low single digit growth in revenues and profitability, supported by a strategic focus on higher value -added activities and lower labour -

intensive business area

23Group long -term growth path: FY 2026 Actual Results and FY 2027 -28 Expected Results In the table above we presented the FY 2027 and FY 2028 according to the industrial plan approved by Sesa BoD in the meeting of July 16, 2026 (1) Ebit Adjusted before amortisation of intangible assets (client lists and know -how) arising from PPA, and before costs relate d to the Stock Grant Plan, all net of the tax effect (2) Group EAT Adjusted is presented after minorities and before amortisation of intangible assets (client lists and know -how) ar ising from PPA, and before costs related to the Stock Grant Plan, all net of the tax effect (3) Net Financial Position gross of IFRS Liabilities to minorities for Earn Out and Put Option M&As and IFRS 16 debt34,441,3 44,249,5 51,6 54,0 57,963,174,394,5126,0167,7209,4239,5 240,7288-

315 4,6% 5,1% 5,3% 5,2% 4,9% 4,4% 4,6% 4,6% 4,8% 5,3% 6,2% 7,0% 7,2% 7,5% 7,2% 7.2%7.2% -

7.4%

Apr

2011Apr

2012Apr

2013Apr

2014Apr

2015Apr

2016Apr

2017Apr

2018Apr

2019Apr

2020Apr

2021Apr

2022Apr

2023Apr

2024Apr

2025Apr

2026Apr

2027EApr

2028E747812 8329481.0601.230 1.2711.3631.5511.7762.0372.3902.9083.2103.3573,992 -

4,200

Apr

2011Apr

2012Apr

2013Apr

2014Apr

2015Apr

2016Apr

2017Apr

2018Apr

2019Apr

2020Apr

2021Apr

2022Apr

2023Apr

2024Apr

2025Apr

2026Apr

2027EApr

2028E3,621

7.9%

11,516,819,9 20,7 21,824,8 26,128,631,441,257,882,7102,3106,4

95,8106.1114 -

119 1,5% 2,1% 2,4% 2,2% 2,1% 2,0% 2,1% 2,1% 2,0% 2,3% 2,8% 3,5% 3,5% 3,3% 2,8% 3.0% 3.1% Apr

2011Apr

2012Apr

2013Apr

2014Apr

2015Apr

2016Apr

2017Apr

2018Apr

2019Apr

2020Apr

2021Apr

2022Apr

2023Apr

2024Apr

2025Apr

2026Apr

2027EApr

2028E10.7%Sales and other Revenues (Eu mn) EBITDA (Eu mn)

CAGR 2012 -2026 +11.2%

42,5

(5,9)

(30,4)

(43,6)(51,3)(59,4)(68,9) (72,3)(67,3)

(110,3)

(197,4)

(245,3)(239,5)(211,0)(158,4)

(182,1)

(192,0)

(205,0)

Apr

2011Apr

2012Apr

2013Apr

2014Apr

2015Apr

2016Apr

2017Apr

2018Apr

2019Apr

2020Apr

2021Apr

2022Apr

2023Apr

2024Apr

2025Apr

2026Apr

2027EApr

2028EFeb 2013 IPOCAGR 2012 -2024 +16.6%

CAGR 2020 -2026 +17.1%25,635,3 3640,6 42,1 44,9 46,3 48,855,768,591,8125,9167,7192,7185,4197.5

Apr

2011Apr

2012Apr

2013Apr

2014Apr

2015Apr

2016Apr

2017Apr

2018Apr

2019Apr

2020Apr

2021Apr

2022Apr

2023Apr

2024Apr

2025Apr

2026Apr

2027EApr

2028E6.5%218-

239EBIT Adjusted1(Eu mn) 818 863 912 9741.150 1.2151.4271.6421.9002.5473.4414.1634.7205.6916.532 Apr

2011Apr

2012Apr

2013Apr

2014Apr

2015Apr

2016Apr

2017Apr

2018Apr

2019Apr

2020Apr

2021Apr

2022Apr

2023Apr

2024Apr

2025Apr

2026E6,770CAGR 2012 -24 +17.0%CAGR 2020 -2026 + 12.6%

Industrial Plan 2027 +10.0% | +12.5%CAGR 2012 -2026 +14.1%

CAGR 2020 -2026 + 18.4%CAGR 2012 -2026 +13.1%

CAGR 2020 -2026 + 18.9%

Industrial Plan 2027 +5.0% | +10.0% Industrial Plan 2027 +5.0% |+7.5% Industrial Plan 2028 +5.0% | +10.0% Industrial Plan 2028 +10.0% | +12.5%Industrial Plan 2028 +5.0% | +7.5% Var%Y /Y 20.1% 7.0%12.0% 4.2% 4.7% 7.2%17.8%27.1%33.3%33.1%24.9%14.4% 0.5%

9.0%

3.4% 4.3% 4.3% 4.3% 4.0% 3.7% 3.6% 3.6% 3.9% 4.5% 5.3% 5.8% 6.0% 5.5%5.5% -

5.6%5.5% -

5.7% 3.6%

Group EAT Adjusted2(Eu mn) Net Financial Position3(Eu mn) Headcount (Nr)37.9% 2.0%12.8%3.7% 6.7% 3.1%14.1%23%34%37.1%33.2%14.9%(3.8)%

5.4%

5.5% 5.7%6.8%18.1% 5.7%17.4%15.7%34.1%35.1%21.0%13.4%20.6%14.8%3.6%

15.1%8.7% 2.5%13.9%11.8%16.0%3.4%13.8%14.5%14.7%17.3%21.7%10.4%4.6%5.0%

-7.5%

7.2%

47.0%18.2%3.8% 5.5%13.7%5.2%9.8%31.2%40.3%43.1%23.7%4.0%

(9.9)%

9.6%5.0% -

7.5%3,802-

3,892

Industrial Plan 2027 +5.0% | +10.0% Industrial Plan 2028+5.0% | +10.0%8.2%5.0% -

10.0%260.4274 -

287

CAGR 2012 -2026 +14.1%

7.5% -

12.5%7.5% -

12.5%5% -

10%5% -

10%207–

217 % on revenues 5.0% -

10.0%

5.5%

123-

134

24▪ Group’s Business Model and Strategy ▪ Group’s Financial Results 1Q 2027 ▪ Group’s Industrial Plan FY 2027 -2028 ▪ Annexes Financial StatementsAgenda

25Group Reclassified Income Statement 1 Q 2027 vs 1Q2026 Variances Y/Y % Eu million1Q 27 Reported% on revenues1Q 26 Reported% on revenues 1Q 27 vs 1Q 26 Reported Revenues 886.7 829.1 6.9% Other Income 14.4 16.6 (13.5%) Revenues and other income 901.1 100.0% 845.7 100.0% 6.5% Costs for purchasing products (662.0) (73.5%) (613.9) (72.6%) 7.8% Costs for services and use of third -party assets (69.2) (7.7%) (71.6) (8.5%) (3.3%) Personnel costs (102.7) (11.4%) (97.8) (11.6%) 5.0% Other operting expenses (1.9) (0.2%) (1.7) (0.2%) 11.1% Total COGS and Operating Costs (835.8) (92.8%) (785.1) (92.8%) 6.5%

EBITDA 65.3 7.2% 60.7 7.2% 7.6%

Depreciation/Amortisation of tangible and intangible (14.1) (1.6%) (12.7) (1.5%) 10.5% Provisions (1.0) (0.1%) (0.7) (0.1%) 48.7% EBIT Adjusted 50.2 5.6% 47.3 5.6% 6.2% PPA Amortisation and other non -monetary costs (8.7) (1.0%) (8.7) (1.0%) 0.4% Stock grant - 0.0% - 0.0% -

EBIT 41.4 4.6% 38.6 4.6% 7.5%

Net Financial Charges (7.6) (0.8%) (6.8) (0.8%) 12.2% FX gains / (losses) (0.0) (0.0%) (0.5) (0.1%) (96.1%) Income / (loss) on equity method investments 0.1 0.0% 0.1 0.0% (1.0%)

EBT 33.9 3.8% 31.4 3.7% 8.1%

Income taxes (8.5) (0.9%) (7.9) (0.9%) 8.1%

EAT 25.4 2.8% 23.5 2.8% 8.1%

Net result attributable to the Group 23.3 2.6% 21.6 2.6% 8.1% Net result attributable to non -controlling interests 2.1 0.2% 1.9 0.2% 8.2% EAT Adjusted 32.1 3.6% 30.0 3.5% 7.2% Group EAT Adjusted 30.1 3.3% 28.1 3.3% 7.1%

26Group Reclassified Income Statement FY 2026 vs FY 2025 (1) FY 25 includes the pro forma contribution of the GreenSun acquisition (finalised in November 2024)Variances Y/Y % Eu millionFY 26 Reported% on revenuesFY 25 Reported% on revenuesFY 25 Pro-forma1% on revenuesFY 26 vs FY 25 ReportedFY 26 vs FY 25

Pro-forma

Revenues 3,565.3 3,214.6 3,298.2 10.9% 8.1% Other Income 55.526 58.6 58.6 (5.2%) (5.3%) Revenues and other income 3,620.8 100.0% 3,273.1 100.0% 3,356.8 100.0% 10.6% 7.9% Costs for purchasing products (2,653.2) (73.3%) (2,360.3) (72.1%) (2,434.1) (72.5%) 12.4% 9.0% Costs for services and use of third -party assets (301.0) (8.3%) (307.3) (9.4%) (310.7) (9.3%) (2.0%) (3.1%) Personnel costs (395.6) (10.9%) (358.8) (11.0%) (360.1) (10.7%) 10.2% 9.9% Other operting expenses (10.6) (0.3%) (11.2) (0.3%) (11.2) (0.3%) (5.2%) (5.2%) Total COGS and Operating Costs (3,360.4) (92.8%) (3,037.6) (92.8%) (3,116.1) (92.8%) 10.6% 7.8%

EBITDA 260.4 7.2% 235.5 7.2% 240.7 7.2% 10.6% 8.2%

Depreciation/Amortisation of tangible and intangible (54.8) (1.5%) (50.1) (1.4%) (50.2) (1.4%) 9.2% 9.1% Provisions (8.1) (0.2%) (5.2) (0.1%) (5.2) (0.1%) 57.8% 57.8% EBIT Adjusted 197.5 5.5% 180.2 5.5% 185.4 5.5% 9.6% 6.5% PPA Amortisation and other non-monetary costs (37.5) (1.0%) (32.3) (0.9%) (32.6) (0.9%) 16.1% 15.1% Stock grant (8.0) (0.2%) (7.2) (0.2%) (7.2) (0.2%) 12.1% 12.1%

EBIT 152.0 4.2% 140.7 4.3% 145.7 4.3% 8.0% 4.3%

Net Financial Charges (34.0) (0.9%) (40.8) (1.1%) (40.5) (1.1%) (16.5%) (16.0%) FX gains / (losses) 0.9 0.0% 1.0 0.0% 1.0 0.0% (5.9%) (5.9%) Income / (loss) on equity method investments (0.6) (0.0%) (1.4) (0.0%) (1.4) (0.0%) (60.9%) (60.9%)

EBT 118.3 3.3% 99.5 3.0% 104.6 3.1% 18.9% 13.1%

Income taxes (37.7) (1.0%) (32.1) (0.9%) (33.4) (0.9%) 17.5% 12.8%

EAT 80.6 2.2% 67.4 2.1% 71.2 2.1% 19.5% 13.2%

Net result attributable to the Group 71.7 2.0% 62.2 1.7% 64.2 1.8% 15.3% 11.6% Net result attributable to non -controlling interests 8.9 0.2% 5.2 0.1% 7.0 0.2% 70.3% 27.4% EAT Adjusted 115.0 3.2% 98.8 3.0% 102.8 3.1% 16.3% 11.8% Group EAT Adjusted 106.1 2.9% 93.6 2.9% 95.8 2.9% 13.3% 10.7%

27Reclassified Balance Sheet July 31, 2026 vs July 31, 2025 Eu million Jul 26 Jul 25 Intangible Assets 530.5 532.6 Property, plant and equipment 170.2 163.6 Investments valued atequity 14.4 17.5 Other non -current receivables and deferred tax assets 46.2 42.8 Total non -current assets 761.4 756.5 Inventories 195.5 194.7 Current trade receivables 658.6 623.4 Other current assets 199.2 143.6 Current operating assets 1,053.3 961.7 Payables to suppliers 701.5 (655.8) Other current payables 341.9 (267.2) Short -term operating liabilities 1,043.4 (923.0) Net Working Capital 9.9 38.7 Non-current provisions and other tax liabilities (138.3) (142.6) Employee benefits (62.5) (66.3) Non-current liabilities (200.8) (208.9) Net Invested Capital 570.5 586.4 Shareholders Equity 547.1 521.5 Liquidity (540.0) (514.6) Financing current and not current 390.1 365.8 Net Financial Position (149.8) (148.8) IFRS 16 liabilities 50.8 53.9 Liabilities to minorities shareholders and Earn Out for M&A 122.5 159.8 Net Financial Position Reported 23.4 64.9 Total Shareholders Equity and Net Financial Position 570.5 586.4

28Reclassified Balance Sheet April 30, 2026 vs April 30, 2025 Eu million Apr26 Apr 25 Intangible Assets 551.1 531.0 Property, plant and equipment 175.7 167.9 Investments valued atequity 14.5 17.5 Other non -current receivables and deferred tax assets 47.0 39.3 Total non -current assets 788.4 755.7 Inventories 145.3 147.6 Current trade receivables 650.8 604.6 Other current assets 163.1 158.5 Current operating assets 959.1 910.7 Payables to suppliers (672.3) (595.1) Other current payables (318.2) (287.6) Short -term operating liabilities (990.5) (882.6) Net Working Capital (31.4) 28.1 Non-current provisions and other tax liabilities (146.9) (143.4) Employee benefits (63.3) (64.9) Non-current liabilities (210.2) (208.3) Net Invested Capital 546.8 575.5 Shareholders Equity 529.2 500.8 Liquidity (584.1) (576.9) Financing current and not current 402.0 418.5 Net Financial Position (182.1) (158.4) IFRS 16 liabilities 56.4 57.2 Liabilities to minorities shareholders and Earn Out for M&A 143.2 176.0 Net Financial Position Reported 17.5 74.7 Total Shareholders Equity and Net Financial Position 546.8 575.5

29The Corporate segment includes the consolidation of Digital EcosystemReclassified Income Statement by sector 1Q 2027 vs 1Q2026 Eu million 1Q 2027 1Q 2026 ICT VAS Green SSIBusiness

ServicesCorporate &

Dig. EcosystemGroup ICT VAS Green SSIBusiness

ServicesCorporate &

Dig. EcosystemGroup

Total Revenues and Other Income 536.9 127.4 212.9 40.8 18.1 901.1 496.8 111.4 219.9 36.9 16.2 845.7 Change Y/Y 8.1% 14.4% (3.2%) 10.7% 11.8% 6.5% Gross Margin 46.8 14.4 135.1 37.6 16.7 239.1 44.0 12.1 139.0 34.1 14.8 231.8 Opex (22.3) (6.8) (112.1) (29.0) (15.2) (173.9) (21.9) (5.9) (115.5) (26.8) (13.4) (171.1) Ebitda 24.6 7.7 22.9 8.6 1.5 65.3 22.2 6.2 23.5 7.3 1.4 60.7 Ebitda Margin 4.6% 6.0% 10.8% 21.1% 8.3% 7.2% 4.5% 5.6% 10.7% 19.9% 8.7% 7.2% Change Y/Y 10.7% 23.1% (2.5%) 17.6% 6.9% 7.6%

D&A (1.3) (0.4) (9.2) (2.7) (0.6) (14.1) (1.3) (0.2) (8.8) (2.0) (0.5) (12.7)

Provisions (0.2) (0.0) (0.5) (0.2) (0.0) (1.0) (0.1) (0.0) (0.5) (0.0) (0.0) (0.7) Ebit Adjusted 23.1 7.3 13.2 5.7 0.9 50.2 20.8 6.0 14.3 5.3 0.9 47.3 Ebit Adjusted Margin 4.3% 5.7% 6.2% 14.0% 5.2% 5.6% 4.2% 5.4% 6.5% 14.5% 5.6% 5.6% Change Y/Y 11.1% 21.5% (7.4%) 7.0% 3.1% 6.2% PPA Amortisation and other non -

monetary costs(0.5) (0.2) (5.1) (2.8) (0.3) (8.7) (0.5) (0.2) (5.1) (2.7) (0.2) (8.7) Ebit 22.6 7.1 8.2 2.9 0.7 41.4 20.3 5.8 9.1 2.6 0.7 38.6 Ebit Margin 4.2% 5.6% 3.8% 7.1% 3.8% 4.6% 4.1% 5.2% 4.2% 7.0% 4.4% 4.6% Net Financial Charges (3.5) 0.0 (1.9) (1.1) (0.2) (7.5) (3.4) (0.0) (2.6) (1.0) (0.2) (7.2) Income Taxes (4.2) (1.9) (2.2) (0.1) (0.1) (8.5) (3.7) (1.5) (2.4) (0.1) (0.1) (7.9)

EAT 14.9 5.2 4.0 1.6 0.4 25.4 13.2 4.3 4.2 1.5 0.4 23.5

PPA Amortisation and other non -

monetary costs (net of taxes)0.4 0.2 3.8 2.3 0.2 6.7 0.4 0.2 3.8 2.0 0.1 6.5 EAT Adjusted 15.2 5.4 7.8 3.9 0.6 32.1 13.5 4.5 7.9 3.5 0.5 30.0 Change Y/Y 12.6% 20.8% (1.5%) 11.4% 4.2% 7.2% Net profit attributable to non -

controlling interests0.2 1.2 0.7 (0.0) 0.1 2.1 0.1 1.0 0.7 (0.0) 0.1 1.9 Group EAT adjusted 15.1 4.2 7.1 3.9 0.5 30.1 13.4 3.5 7.2 3.5 0.5 28.1 Group EAT adj Margin 2.8% 3.3% 3.4% 9.5% 2.8% 3.3% 2.7% 3.1% 3.3% 9.4% 3.0% 3.3% Change Y/Y 12.6% 20.3% (1.3%) 11.4% 5.0% 7.1%

30(1) Consolidated Adjusted Net Income attributable to the Group, before the amortization of intangible assets (Customer lists an d Know-how) (2) 1H 25 includes the pro forma contribution of the GreenSun acquisition (finalised in November 2024) (3) The Corporate segment includes the consolidation of Digital EcosystemReclassified Income Statement by sector FY 2026 vs FY 2025 Eu million FY 2026 FY 2025 Pro -forma2 ICT VAS Green SSIBusiness ServicesCorporate & Dig.

Ecosystem3Group ICT VAS Green SSIBusiness ServicesCorporate & Dig.

Ecosystem3Group

Total Revenues and Other Income 2,254.7 412.2 908.8 158.5 67.5 3,620.8 2,075.5 343.8 875.7 153.5 62.1 3,356.8 Change Y/Y 8.6% 19.9% 3.8% 3.2% 8.8% 7.9% Gross Margin 190.9 55.0 568.4 146.4 64.8 967.6 181.1 46.3 543.6 141.6 55.9 922.7 Opex (89.6) (26.0) (471.8) (116.6) (59.4) (707.2) (91.1) (21.8) (448.8) (114.2) (51.8) (682.0) Ebitda 101.3 29.0 96.6 29.7 5.4 260.4 90.0 24.5 94.9 27.3 4.1 240.7 Ebitda Margin 4.5% 7.0% 10.6% 18.8% 8.0% 7.2% 4.3% 7.1% 10.8% 17.8% 6.7% 7.2% Change Y/Y 12.6% 18.4% 1.8% 8.8% 30.2% 8.2%

D&A (5.3) (1.2) (37.9) (8.4) (2.0) (54.8) (5.0) (1.0) (35.7) (7.2) (1.2) (50.2)

Provisions (1.0) (0.5) (4.3) (1.5) (0.7) (8.1) (1.2) (0.7) (1.9) (0.8) (0.5) (5.2) Ebit Adjusted 95.0 27.3 54.3 19.8 2.7 197.5 83.7 22.8 57.2 19.3 2.5 185.4 Ebit Adjusted Margin 4.2% 6.6% 6.0% 12.5% 4.0% 5.5% 4.0% 6.6% 6.5% 12.5% 4.0% 5.5% Change Y/Y 13.6% 19.6% (5.1%) 2.7% 9.7% 6.5% PPA Amortisation and other non -monetary costs(3.7) (0.6) (24.6) (11.4) (5.4) (45.6) (2.7) (0.9) (18.7) (11.0) (6.4) (39.8) Ebit 91.3 26.6 29.7 8.3 (2.7) 152.0 81.0 21.9 38.5 8.3 (4.0) 145.7 Ebit Margin 4.1% 6.5% 3.3% 5.3% (4.0%) 4.2% 3.9% 6.4% 4.4% 5.4% (6.4%) 4.3% Net Financial Charges (23.9) (0.2) (11.9) (3.6) 5.9 (33.7) (25.6) (0.6) (11.7) (2.9) (0.2) (41.0) Income Taxes (20.8) (7.4) (8.7) (0.7) (0.2) (37.7) (16.3) (6.2) (11.5) 0.2 0.3 (33.4)

EAT 46.7 19.0 9.1 4.0 3.0 80.6 39.1 15.1 15.3 5.6 (3.9) 71.2

PPA Amortisation and other non -monetary costs (net of taxes)4.1 0.5 17.7 8.2 4.0 34.4 3.0 0.7 15.3 7.8 4.7 31.6 EAT Adjusted 50.7 19.5 26.8 12.2 7.0 115.0 42.1 15.8 30.6 13.4 0.8 102.8 Change Y/Y 20.5% 23.1% (12.4%) (9.0%) 772.5% 11.8% Net profit attributable to non -controlling interests0.7 1.1 3.3 (0.2) 0.3 8.9 0.6 3.9 2.0 (0.8) (0.0) 7.0 Group EAT adjusted150.1 18.4 23.6 12.4 6.8 106.1 41.5 11.9 28.6 14.2 0.8 95.8 Group EAT adj Margin 2.2% 4.5% 2.6% 7.8% 10.0% 2.9% 2.0% 3.5% 3.3% 9.3% 1.4% 2.9% Change Y/Y 20.6% 54.1% (17.7%) (12.7%) 699.6% 10.7%

31GENCOM Eu 10 mn CLEVER CONSULTING Eu 6 mn

YARIX Eu 4 mn BASE DIGITALE GROUP Eu 45 mn PICO Eu 20 mn

ZERO12 Eu 2.5 mn

ADIACENT CHINA Eu 2 mn

ANALYTICS NETWORK -SPS Eu 6 mn

DI.TECH Eu 20 mn ELMAS Eu 2 mn

INFOLOG Eu 4.2 mn DIGITAL STORM Eu 4.2 mn SERVICE TECHNOLOGY Eu 6 mn

MERSY Eu 4 mn IFM INFOMASTER Eu 9 mn

PALITALSOFT Eu 5 mn TECNIKE' Eu 1 mn

PRAGMA Eu 7 mn

WSS Eu 5 mn

ADACTO Eu 4.5 mn

ADDFOR INDUSTRIALE R&D

AIDA Eu 1 mn APLUS Eu 1 mn BRAINWORKS Eu 15 mn

CADLOG Eu 15 mn CITEL Eu 5 mn KOLME Eu 50 mn PM SERVICE Eu 30 mn

CIMTEC Eu 2 mn OMIGRADE Eu 10 mn

DATEF Eu 12 mn

NGS Eu 6.5 mn

ALBALOG Eu 2.5 mn

ALFASAP Eu 2 mn

ALDEBRA Eu 4.5 mn

AMAECO Eu 1.5 mn BDY Eu 20 mn

ASSIST INFORMATICA Eu 2.5 mn DVR Eu 2 mn

CYRES Eu 5.5 mn EMMEDI Eu 2 mn

DURANTE Eu 16.5 mn EURO FINANCE Eu 1.5 mn

EUROLAB Eu 4 mn EVERGREEN Eu 4 mn

MEDIAMENTE Eu 5 mn

NEXT STEP SOLUTION Eu 1.5 mn

YOCTO IT Eu 4 mn

ANALYSIS Eu 2.2 mn

ESSEDI CONSULTING Eu 1.5 mn

INFORMETICA Eu 6 mn

SANGALLI TECNOLOGIE Eu 7 mn CENTOTRENTA SERVICING Eu 15 mn ALTINIA Eu 50 mn

SMARTCAE Eu 3 mn DATACOREX Eu 3 mn MAINT SYSTEM Eu 4 mn

SOFT SYSTEM Eu 2.5 mn

TRIAS Eu 3 mn

VISUALITICS Eu 4 mn

WISE SECURITY GLOBAL Eu 10 mn

REAL -TIME Eu 1.7 mn

PV CONSULTING Eu 1.5 mn ATS Eu 14 mn

BOOT SYSTEMS –LBS Eu 5.5 mn METODA Eu 8 mn GREENSUN Eu 130 mn

SMART ENGINEERING Eu 2 mn

METISOFT Eu 15 mn

IT PAS Eu 3 mn

INNNOFOUR Eu 6 mn

DELTA INFORMACIONES

VISICONEu 2 mn

Eu 5.3 mn 4IT Eu 9 mn ALBASOFT Eu 2.2 mnSSI Business Services ICT VAS Company Revenues Company Revenues Company Revenues 17 M&As Eu 147 mn 56 M&As Eu 32 2mn 8M&As Eu 213 mn75 M&As Rev: Eu 711mnSesa Group M&As FY 2020 -26

Green VAS

Company Revenues

3 M&As Eu 166 mn1) Revenues of target companies at acquisition time (LTM before acquisition)FY 20211FY 20201

FY 20221

FY 20231

FY 20241

FY 20251

FY 202616 M&As

Rev: Eu 88 mn

13 M&As

Rev: Eu 76 mn

13 M&As

Rev: Eu 152 mn

16 M&As

Rev: Eu 79 mn

13 M&As

Rev: Eu 112 mn

10 M&As

Rev: Eu 186 mn

4 M&As

Rev: Eu 18.2 mn Between 2015 and 2019, 9M&A transactions were completed, totaling Eu 137 million in revenues at the time of acquisition.

Among the most significant for the SSI sector were Apra, Tech Value, and Var BMS (with revenues of Eu 16 million, Eu 16 milli on,and Eu 14 million, respectively), while for the ICT VAS sector, ICOS stood out with Eu 50 million in revenues at the time of acquisition

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