THE BOARD OF DIRECTORS APPROVES THE SIX MONTHLY FINANCIAL REPORT AS OF JUNE 30, 2026

THE BOARD OF DIRECTORS APPROVES THE SIX MONTHLY FINANCIAL REPORT AS OF JUNE 30, 2026 | Phynwire

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PRESS RELEASE

THE BOARD OF DIRECTORS APPROVES THE SIX MONTHLY FINANCIAL

REPORT AS OF JUNE 30, 2026

2026: A Year of Transition — 1H 2026 in line with expectations Industrial & Infrastructure solutions : sequential growth confirmed, thanks to the increase in the volume of data center applications E-mobility solutions: early signs of a recovery in global order intake Profitability: quarterly margin improvement thanks to efficiency actions 2026 Guidance has been confirmed • Revenue s of € 396.5 million, down 7.6% YoY ( -4.8% at constant

exchange rates):

o E-mobility solutions revenue s of € 224.0 million, down 15.5% YoY ( -13.3% at constant exchange rates), reflecting the weakness of the North American automotive market and the reduction of the steel price , while maintaining a solid competitive positioning o Industrial & Infrastructure solutions revenue s of € 172.5 million, up 5.0% YoY (+9.0% at constant exchange rates), primarily driven by higher volumes in Europe and North America • Adjusted EBITDA of € 36.1 million (€ 44.8 million in H1 2025). Adjusted EBITDA margin of 9.1% (10.4% in H1 2025) • Adjusted EBIT of € 8.3 million (€ 17.3 million in H1 2025), after depreciation, amortization and impairment charges of € 27.8 million.

Adjusted EBIT margin of 2.1% (4.0% in H1 2025) • Net loss of € 12.2 million (net profit of € 1.3 million in H1 2025), including approximately € 7 million of non -recurring expenses, mainly related to the corporate reorganization • Capex of € 20.8 million , down year -on-year (€ 40.1 million in H1 2025) • Net Financial Position (post -IFRS 16) of € 280.1 million as of 30 June 2026 (€ 219.4 million as of 31 December 2025 and € 288.3 million as of 31 March 2026)

Baranzate (Milan), 3 August 2026 – EuroGroup Laminations S.p.A. ("EuroGroup Laminations", "EGLA" or the "Company") – a global leader in the design, manufacture and distribution of laminations and cores for electric motors, generators and transformers – today reviewed and approved its Six Mont hly Financial Report as of 30 June 2026.

Marco Arduini, Chief Executive Officer of EuroGroup Laminations, commented: "2026 remains a year of transition . The first half of the year closed in line with our budget and showed a progressive improvement in volume growth across both business segments. In particular, the second quarter delivered double -digit growth in our Industrial & Infrastructure solutions segment, mainly driven by applications (electricity generation and cooling) serving the data center market.

The E -mobility solutions segment continues to be affected by the shift in the U.S. policy environment; however, we are beginning to see encouraging signs of recovery, reflected in the growth of both order intake and our commercial pipeline, particularly in the Chinese market, whe re we plan to launch further 4 new projects with Chinese OEMs – Tier 1 suppliers , as well as in North America. In the second half of the year, we expect to see further tangible benefits of our Performance Improvement program, which during the first six months included the reorganization of our tooling operations in Italy and the simplification of our corporate structure in Mexico. The recent appointment of Renzo Argenti n as Group Chief Operating Officer represents another important step in accelerating improvements in the efficiency of our industrial processes, reducing costs, and strengthening our ability to support long -term growth. We look to the future with confidence, supported by the ramp -up of new projects and by our ability to serve , not only the automotive sector, but also the wide range of applications linked to the macro trends driving the electrification process ."

KEY CONSOLIDATED ECONOMIC AND FINANCIAL RESULTS AS OF JUNE 30 , 2026

in thousands of euro H1 2026 H1 2025 Var % Revenues 396,478 429,172 (7.6%) EBITDA Adj usted 36,133 44,838 (19.4%) EBIT Adjusted 8,328 17,269 (51.8%) Profit /(Loss ) for the p eriod (12,196) 1,260 n.a.

in thousands of euro H1 2026 FY 2025

NFP 280,134 219,423

Net Equity 441,614 443,965

In the first half of 2026, Revenue s amounted to € 396.5 million, compared with € 429.2 million in the first half of 2025. At constant exchange rates, Revenue s would have amounted to € 408.7 million, representing a 4.8% decrease year -on-year. The performance for the period confirms the stabilizing contribution of the Industrial & Infrastructure solutions segment, whose growth partially offset the cyclical weakness in the E -mobility solutions segment.

Consolidate d Revenues by operative s egment

in thousands of Euro H1 2026 H1 2025 Var % Net FX %1 E-mobility solutions 223,989 264,970 (15.5%) (13.3%) Industrial & Infrastructure solutions 172,489 164,202 +5.0% +9.0% Total R evenues 396,478 429,172 (7.6%) (4.8%)

In the first half of 2026, the E-mobility solutions segment generated Revenue s of € 224.0 million, down 15.5% from € 265.0 million in the first half of 2025. At constant exchange rates, Revenue amounted to € 229.7 million, representing a 13.3% decline year -on-year. The decrease in revenue was primarily attributable to the downturn in the North American automotive market, while volumes in the EMEA region remained broadly stable and volumes in Asia recorded a sl ight decline.

Revenue s was also affected by lower selling prices, mainly reflecting the decline in steel prices and the related price adjustment mechanisms applied to customers.

In the first half of 2026, the Industrial & Infrastructure solutions segment generated Revenue s of € 172.5 million, up 5.0% from € 164.2 million in the first half of 2025. At constant exchange rates, Revenue would have amounted to € 179.0 million, representing 9.0% growth year -on-year.

Revenue s growth was primarily driven by higher volumes in Europe and North America, while volumes in Asia remained broadly stable.

Consolidated revenues by geographical area2

in thousands of euro H1 2026 H1 2025 Var % Net FX%1

EMEA 220,678 226,235 (2.5%) (2.2%)

- of which in Italy 43,735 35,175 +24.3% +25.1%

- of which in Germany 71,897 99,916 (28.0%) (27.8%)

- others 105,046 91,144 +15.3% +15.3%

AMERICA 124,728 141,234 (11.7%) (6.3%)

- of which in Mexico 14,529 35,890 (59.5%) (56.8%)

- of which in US A 110,090 104,805 +5.0% +11.4%

- others 109 539 (79.8%) (79.8%)

ASIA 51,072 61,703 (17.2%) (10.8%)

- of which in China 26,017 31,964 (18.6%) (17.7%)

- of which in India 24,098 25,712 (6.3%) +8.1%

- others 957 4,027 (76.2%) (76.0%) Total Revenues 396,478 429,172 (7.6%) (4.8%)

EMEA revenu es in the first half of 2026 amounted to € 220.7 million (€ 226.2 million in the first half of 2025), representing a slight 2.5% year -on-year decline , mainly due to weaker demand in Germany, partially offset by higher revenue in Italy and other countries.

America revenue s in the first half of 2026 amounted to € 124.7 million, down from € 141.2 million in

1 Percentage change at constant exchange rates 2 Geographical revenue allocation is based on the location of the end customer.

EuroGroup Laminations S.p.A. 4 Via Stella Rosa, 48 20021 Baranzate (M I) Ital ia | Tel +39 02 35000.1 | www.eglagroup.com | Cap. Soc. € 6.111.941,00 i.v. P.IVA, C.F. e N. Iscriz. Reg. delle Imprese di Milano | Monza Brianza Lodi 05235740965 | REA MI 1805877 the first half of 2025 ( -11.7%). This performance was primarily attributable to lower steel prices, reduced volumes, the unfavorable EUR/USD exchange rate, and the uncertainty arising from the global macroeconomic environment and the introduction of tariff s. In particular, revenue s generated in Mexico amounted to € 14.5 million (€ 35.9 million in the first half of 2025), down 59.5% year -on-year. Revenue in the United States amounted to € 110.1 million, compared with € 104.8 million in the first half of 2025.

Asia revenue s reached € 51.1 million, down 17.2% from € 61.7 million in the first half of 2025, primarily due to lower steel prices and adverse foreign exchange effects, which only partially offset higher volumes. At constant exchange rates, Kumar delivered a strong double -digit performance, with revenue increa sing 10.1% year -on-year.

In the first half of 2026, Adjusted EBITDA , excluding non -recurring costs3, amounted to € 36.1 million, compared with € 44.8 million in the first half of 2025. Adjusted EBITDA margin was 9.1%, compared with 10.4% in the first half of 2025. In particular:

• Adjusted EBITDA of the E -mobility solutions segment amounted to € 17.0 million, compared with € 28.7 million in the first half of 2025 ( -40.7%), with an Adjusted EBITDA margin of 7.6%, down from 10.8% in the first half of 2025.

• Adjusted EBITDA of the Industrial & Infrastructure solutions segment amounted to € 19.1 million, compared with € 16.1 million in the first half of 2025 (+18.5%), with an Adjusted EBITDA margin of 11.1%, up from 9.8% in the first half of 2025.

In the first half of 2026, Reported EBITDA amounted to € 29.2 million, compared with € 42.5 million in the first half of 2025. The decrease was primarily attributable to lower operating leverage and personnel costs related to the corporate reorganization carried out under the Performance Improvement program. The result was also affected by u nfavorable foreign exchange movements, the indirect impact of tariff policies and duties on North American sales across both business segments, and higher aluminium, energy and transportation costs, partly driven by tensions in international markets follow ing the closure of the Strait of Hormuz.

Adjusted EBIT , excluding non -recurring costs3, amounted to € 8.3 million in the first half of 2026, compared with € 17.3 million in the first half of 2025. Adjusted EBIT margin was 2.1%, compared with 4.0% in the first half of 2025.

Reported EBIT amounted to € 1.4 million in the first half of 2026, compared with € 14.9 million in the first half of 2025.

Net finance costs for the first half of 2026 amounted to approximately € 15.7 million, compared with € 12.7 million as of 30 June 2025. The increase was primarily attributable to the early repayment of all outstanding financing facilities, the resulting write -off of the related amortized cost, and the impact of derivatives following the execution of the new financing agreement entered into to streamline and optimize the Group's financial structure. These costs include a one -off charge of € 1.4 million related to the early termination of the existing financing agreements.

Net loss for the first half of 2026 amounted to € 12.2 million , compared with a net profit of € 1.3 million in the first half of 2025 .

Order Book4 and Pipeline5 as of 30 June 2026 : the E -mobility solutions segment's Order Book amounted to € 2.7 billion, improving from € 2.6 billion at the end of the first quarter of 2026. The Pipeline stood at approximately € 2.2 billion, up from € 1.9 billion in April 2026.

Balance Sheet

In the first half of 2026, net capital expenditures (Capex) amounted to € 20.8 million, representing a 48.2% decrease compared with € 40.1 million in the same period of the previous year. The

3 Non -recurring costs primarily related to strategic advisory services, M&A transactions, IT -related expenses, organizational efficiency initiatives, and the Stock Option Plan .

4 An estimate of expected revenues from programs awarded to the Group over the next 70 months, based on management best estimates subject to changes, delays, cancellations and other factors that may affect actual revenues 5 Refers to quotations submitted for potential new customer orders.

EuroGroup Laminations S.p.A. 5 Via Stella Rosa, 48 20021 Baranzate (M I) Ital ia | Tel +39 02 35000.1 | www.eglagroup.com | Cap. Soc. € 6.111.941,00 i.v. P.IVA, C.F. e N. Iscriz. Reg. delle Imprese di Milano | Monza Brianza Lodi 05235740965 | REA MI 1805877 reduction in capital expenditures reflects the completion and consolidation of projects initiated in previous years.

As of 30 June 2026, trade net working capital amounted to € 274.9 million, compared with € 207.4 million as of 31 December 2025, primarily reflecting the combined effect of an increase in trade receivables and a reduction in trade payables, partially offset by a decrease in inventories.

As of 30 June 2026, Net Financial Debt (post -IFRS 16) amounted to € 280.1 million, compared with € 219.4 million as of 31 December 2025, while decreasing from € 288.3 million as of 31 March 2026, with a net leverage ratio of 3.5x (compared with 2.5x as of 31 December 2025). The increase versus year -end was mainly driven by capital expenditures during the period and the increase in net working capital, partially of fset by operating cash flow generation.

KEY CONSOLIDATED ECONOMIC AND FINANCIAL RESULTS AS OF Q2 2026

in thousands of euro Q2 2026 Q2 2025 Var % Revenues 192,961 208,054 (7.3%) EBITDA Adj usted 19,082 21,312 (10.5%) EBIT Adj usted 4,935 7,374 (33.1%) Profit /(Loss ) for the p eriod (9,066) 3,341 n.a.

In the second quarter of 2026, Revenue s amounted to € 193.0 million, compared with € 208.1 million in the second quarter of 2025. The quarterly performance was driven by the continued strong momentum of the Industrial & Infrastructure solutions segment, which delivered growth of nearly 10% and further strengthened its role as the Group's main growth driver.

Consolidate d Revenues by operative s egment

in Thousand of euro Q2 2026 Q2 2025 Var % Net FX %1 E-mobility solutions 106,138 129,063 (17.8%) (17.6%) Industrial & Infrastructure solutions 86,823 78,991 +9.9% +12.2% Total Revenues 192,961 208,054 (7.3%) (6.3%)

In the second quarter of 2026, the E-mobility solutions segment generated Revenue s of € 106.1 million, down 17.8% from € 129.1 million in the second quarter of 2025. The decline in revenue s continued during the quarter and was primarily attributable to the downturn in the North American automotive market.

In the second quarter of 2026, the Industrial & Infrastructure solutions segment generated Revenue of € 86.8 million, up 9.9% from € 79.0 million in the second quarter of 2025. Revenue s growth was driven by higher volumes, primarily in Europe and North America.

Consolidated revenues by geographical area2

In thousands of euro Q2 2026 Q2 2025 Var % Net FX%1

EMEA 103,862 109,491 (5.1%) (5.4%)

- of which in Italy 22,367 15,355 +45.7% +46.2%

- of which in Germany 28,445 48,242 (41.0%) (41.7%)

- others 53,050 45,894 +15.6% +15.7%

AMERICA 65,905 67,197 (1.9%) (0.1%)

- of which in Mexico 7,366 22,465 (67.2%) (65.9%)

- of which in US A 58,521 44,648 +31.1% +32.3%

- others 18 84 (78.6%) (78.4%)

ASIA 23,194 31,366 (26.1%) (22.8%)

- of which in China 12,549 17,298 (27.5%) (29.6%)

- of which in India 10,109 11,292 (10.5%) +1.9%

- others 536 2,776 (80.7%) (81.3%) Total Revenues 192,961 208,054 (7.3%) (6.3%)

In the second quarter of 2026, Adjusted EBITDA , excluding non -recurring costs3, amounted to € 19.1 million, compared with € 21.3 million in the second quarter of 2025 . Adjusted EBITDA margin was 9.9%, compared with 10.2% in the second quarter of 2025. In particular:

• Adjusted EBITDA of the E -mobility solutions segment amounted to € 8.5 million, compared with € 13.8 million in the second quarter of 2025 ( -38.1%), with an Adjusted EBITDA margin of 8.0%, down from 10.7% in the second quarter of 2025.

• Adjusted EBITDA of the Industrial & Infrastructure solutions segment amounted to € 10.6 million, compared with € 7.6 million in the second quarter of 2025 (+39.9%), with an Adjusted EBITDA margin of 12.2%, up from 9.6% in the second quarter of 2025.

SIGNIFICANT EVENTS DURING THE PERIOD

On 16 February 2026 , EGLA issued a press release pursuant to Article 114 of Italian Legislative Decree No. 58/1998, at the request and on behalf of E.M.S. Euro Management Services S.p.A. ("EMS"), the Company's controlling shareholder, and Ferrum Investment (the "Investor"), a newly incorporated investment vehicle owned by funds managed by FountainVest. The press release announced that EMS and FountainVest had acknowledged that the condition precedent relating to the receipt of the foreign direct investment (FDI) approval in Ind ia could not be satisfied and, consequently, that the transaction described in the press release dated 28 July 2025 could not be completed.

Accordingly, all agreements entered into on that date were mutually terminated.

On 14 May 2026 , EGLA entered into a five -year Sustainability -Linked term loan facility, supported by a SACE guarantee, for a total amount of up to € 375 million. The lending banks are BNP Paribas Italian Branch and BNL BNP Paribas, Intesa Sanpaolo (IMI Corporate & Investment Banking Division), UniCredit S.p.A., Crédit Agricole Italia, Cassa Depositi e Prestiti S.p.A., Banco BPM S.p.A., and Deutsche Ban k S.p.A. The financing forms part of the Group's broader strategy to streamline and optimize its financial structure by replacing a fragmented debt profile with a single syndicated financing facility aligned with market standards, thereby improving operati onal efficiency, transparency and financial flexibility.

On 26 June 2026 , EuroGroup Laminations S.p.A. completed the acquisition of the shares held by

EuroGroup Laminations S.p.A. 7 Via Stella Rosa, 48 20021 Baranzate (M I) Ital ia | Tel +39 02 35000.1 | www.eglagroup.com | Cap. Soc. € 6.111.941,00 i.v. P.IVA, C.F. e N. Iscriz. Reg. delle Imprese di Milano | Monza Brianza Lodi 05235740965 | REA MI 1805877 Simest S.p.A. in Eurotranciatura Tunisie. As a result of the transaction, EuroGroup Laminations increased its ownership interest in Eurotranciatura Tunisie from 57.78% to 100%.

In June 2026 , the Group also completed the rationalization of its corporate structure in Mexico through the merger of Euro High Tech México S.A. de C.V. and Euro Management Services México S.A. de C.V. into Eurotranciatura México S.A. de C.V., followed by a MXN 865 mill ion capital increase subscribed by EuroGroup Laminations S.p.A. through the conversion of shareholder loans. These transactions simplified the Group's local corporate and operating structure while strengthening the financial position of the surviving entit y. Following completion of the transactions, Eurotranciatura México S.A. de C.V. is owned 55.45% by Eurotranciatura S.p.A., 39.14% by EuroGroup Laminations S.p.A., and 5.41% by MISI, while the Group's indirect interest in Eurotranciatura USA L.L.C. stands at 85.13%. In parallel, the Group launched an efficiency program in Italy aimed at reorganizing its tooling facilities , optimizing the manufacturing footprint, improving resource allocation and enhancing overall operational efficiency.

SIGNIFICANT EVENTS AFTER THE PERIOD

On 2 July 2026 , EGLA announced that it had been selected as one of the 100 companies included in the Intermonte Valore Italia Index, which comprises Italian companies listed on Borsa Italiana with a market capitalization below € 1 billion and not included in the FTSE MIB index. The Index recognizes Italy's leading entrepreneurial companies and includes businesses selected on the basis of rigorous criteria relating to liquidity, transparency, corporate governance, analyst coverage and financial strength. The initiative is part of Banca Generali's PMI2Change project, which aims to support the growth, competitiveness and visibility of Italian listed SMEs by fostering a more efficient connection between companies and the capital market s.

On 29 July 2026 , the Company announced the appointment of Renzo Argentin as Senior Vice President and Group Chief Operating Officer (COO). His appointment represents a strategic step in the Group's strengthening process and, in particular, in the implementation of EGLA's Performance Improvement program, with the objective of further enhancing an increasingly integrated and efficient operating model capable of supporting the Group's long -term growth in an increasingly complex and competitive global environment.

OUTLOOK

Against a backdrop of heightened geopolitical and economic uncertainty, inflationary pressures, restrictive monetary policies and increasing trade barriers, the Group will continue to focus on operational resilience and strategic flexibility. In the E-mobility solutions segment , the persistent weakness of the market and the growing adoption of hybrid and electrified powertrains will continue to support the gradual evolution of the Group's portfolio toward higher value -added mechatronic solutions. At the same time, encouraging si gns of recovery are beginning to emerge, as reflected in the growth of both order intake and the commercial pipeline, particularly in the Chinese market, where the launch of further 4 new projects is planned, as well as in North America.

In the Industrial & Infrastructure solutions segment , the main growth opportunities are expected to be driven by automation, digitalization, energy efficiency and the development of infrastructure supporting Artificial Intelligence, including power grids, data centers, HVAC systems and automated logistics. The strong performance delivered in the second quarter, with improvements in both volumes and profitability, confirms the segment's ongoing recovery. Over the medium to long term, additional growth opportunities are expected to arise from further advanceme nts in robotics and advanced motion systems. The Group will also continue to execute its Performance Improvement program through initiatives aimed at enhancing industrial efficiency, optimizing its manufacturing footprint and procurement activities, transforming the supply chain and strengthening cro ss-functional governance.

In light of the above, the Company confirms its 2026 guidance:

• Group Revenue expected to be in the range of € 700–750 million;

• Group Adjusted EBITDA margin expected to be around 11%;

• Positive operating cash flow, including Capex of approximately € 45 million.

The outlook remains subject to the evolution of the global macroeconomic and geopolitical environment.

*** The manager responsible for preparing the Company's financial reports, Matteo Perna, hereby certifies, pursuant to Article 154 -bis, paragraph 2, of the Italian Consolidated Law on Finance (Testo Unico della Finanza), that the accounting information contain ed in this press release corresponds to the Company's accounting records, books and supporting documentation.

*** In addition to the financial measures required under the International Financial Reporting Standards (IFRS), this document includes certain measures not defined by IFRS (Non -GAAP Measures), prepared in accordance with the ESMA Guidelines on Alternative Per formance Measures (ESMA/2015/1415), adopted by CONSOB through Communication No. 92543 of 3 December 2015 and published on 5 October 2015. These measures are presented to provide a better understanding of the Group's operating performance and should not be considered as a substitute for, or superior to, the measures required under IFRS.

*** This document contains forward -looking statements relating to future events and the future operating, economic and financial performance of EuroGroup Laminations S.p.A. By their nature, these statements involve risks and uncertainties, as they depend on th e occurrence of future events and developments. Actual results may therefore differ, including materially, from those expressed or implied in such forward -looking statements due to a number of factors, most of which are beyond the control of EuroGroup Laminations S.p.A.

*** ATTACHMENTS : The Consolidated Statement of Financial Position, Consolidated Income Statement, and Consolidated Cash Flow Statement as of 30 June 2026 are attached to this press release.

***

This press release is available on the Group’s website https://www.eglagroup.com, in the Investor Relations/Presentations section, and on the authorized storage system 1Info (www.1info.it).

FOR FURTHER I NFORMATION

EUROGROUP LAMINATIONS – INVESTOR RELATIONS

PRESS OFFICE | COMMUNITY – COMMUNICATION ADVISORS

EGLA: EuroGroup Laminations is a global leader in the design, manufacture, and distribution of stators and rotors for electric motors and generators. The Group operates through two business units: (i) E -mobility solutions, dedicated to the design and manufacture of motor cores (i.e., stators and rotors) for electric motors used in the propulsion systems of electric vehicles, as well as a wide range of non -propulsion automotive applications; and (ii) Industrial & In frastructure solutions, dedicated to the design and manufacture of stators and rotors for various industrial applications, home automation, HVAC equipment, wind energy, logistics, and pumps. The Group is also active in the transformer sector. Headquartered in Baranzate (MI), EuroGroup Laminations generated revenues of approximately € 831 million in 2025 and currently employs approximately 2,900 people (excluded temporaries employees) , with 8 production facilities in Italy and 7 abroad ( 1 in Mexico, 2 in China, 1 in the United States, 2 in India, and 1 in Tunisia), and an order backlog for the E-mobility solutions segment with an estimated value of approximately € 2.7 billion and a pipeline of € 2.2 billion.

Consolidated Statement of Financial Position as of 3 0 June 2026

(Amounts in thousands of Euro) 30 June 2026 31 December

2025

Goodwill 25,283 25,599 Intangible assets 12,354 12,387 Tangible assets 358,502 355,667 Rights of use 49,222 49,037 Non -current financial assets and receivables 3,733 1,549 Deferred tax assets 20,214 19,033 Other non -current assets 604 1,136 Total non -current assets 469,912 464,408 Inventories 346,903 351,659 Trade receivables 163,070 139,508 Cash and cash equivalents 156,960 201,204 Other current assets and receivables 41,854 48,491 Current financial assets and receivables 20,168 27,036 Tax receivables 3,720 6,424 Total current assets 732,675 774,322

TOTAL ASSETS 1,202,587 1,238,730

Share capital 6,112 6,112 Share premium reserve 264,590 264,590 Other reserves (32,081) (42,615) Retained earnings 157,153 170,393 Total Group’s equity 395,774 398,480 Total minority interests 45,840 45,485 Total equity 441,614 443,965 Non -current payables and financial liabilities 342,314 196,375 Non -current financial liabilities from rights of use 30,714 34,349 Employee benefits 3,815 4,098 Provisions for risks and charges 251 251 Deferred tax liabilities 17,531 20,933 Other non -current liabilities 11,964 10,618 Total non -current liabilities 406,589 266,624 Current financial liabilities 75,025 208,428 Current financial liabilities from rights of use 9,209 8,511 Trade payables 235,090 283,793 Tax liabilities 2,643 -

Other current liabilities 32,417 27,409 Total current liabilities 354,384 528,141

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 1,202,587 1,238,730

Consolidated Income Statement as of 30 June 2026

(Amounts in thousands of Euro) 30 June 2026 30 June 2025 Revenues 396,478 429,172 Other revenues and income 1,596 4,111 Changes in inventories of finished and semi -finished products (14,324) 5,233 Raw material costs (239,252) (279,710) Costs for services (50,313) (52,284) Personnel costs (62,689) (62,412) Other operating expenses (2,336) (1,660) Depreciation and amortisation of non -current assets (27,805) (27,569) Operating profit 1,355 14,881 Financial expenses (15,709) (12,704) Financial income 3,155 3,182 Exchange gains (losses) (599) (2,545) Profit (loss) before tax (11,798) 2,814 Taxes (398) (1,554) Profit (loss) for the period (12,196) 1,260 Result attributable to the Group (13,240) 688 Result attributable to third parties 1,044 572 Earnings (Loss) per share (0.081) 0.004

Consolidated Cash Flow Statement as of 30 June 2026

(Amounts in thousands of Euro) 30 June 2026 30 June

2025

Profit/(Loss) for the period (12,196) 1,260 Income taxes 398 1,554 Depreciation and amortisation of non -current assets 27,805 27,569 Difference between pension contributions paid and pension charges (16) 103 Financial income (3,155) (3,182) Financial expenses 15,709 12,704 Capital (gains)/losses from the disposal of non -current assets (429) (478) Net changes in provisions for risks and charges - 28 Provision for bad debts 477 775 Inventory write -down 5,693 2,986 Share -based compensation expenses 325 625 Cash flow before changes in Net Working Capital 34,611 43,944 (Increase)/decrease in trade receivables (24,020) (22,524) (Increase)/decrease in inventories (696) 6,655 Increase/(decrease) in trade payables (48,126) (19,848) Increase/(decrease) in tax payable 1,460 22,296 (Increase)/decrease in other receivables 5,651 (325) Increase/(decrease) in other payables 7,688 9,900 Cash flow after changes in Net Working Capital (23,432) 40,098 Income taxes paid (1,911) (2,978) Cash flow from operating activities (A) (25,343) 37,120 (Investments) in tangible assets (20,181) (40,324) Realisation price, or reimbursement value, of tangible assets 6,320 1,022 (Investments) in intangible assets (1,164) (497) (Investments)/divestments in current financial assets 6,616 (6,022) (Investments) in other medium or long -term assets (6,151) (736) Collection of assets held for sale - 2,913 Business combination - (13,170) Interest collected 625 3,825 Dividends received 8 20 Cash flow from investing activities (B) (13,927) (52,969) New bank loans and other lenders 337,673 73,009 Repayment of bank loans and other lenders (250,846) (38,525) Increase in current financial liabilities 13,511 27,338 Repayment of current financial liabilities (80,975) (22,925) Repayments of financial liabilities arising from rights of use (6,263) (5,450) Dividends paid (950) (7,773) Interest paid (13,894) (9,906) Cash flow from financing activities (C) (1,744) 15,768 Increase (decrease) in cash and cash equivalents (A+B+C) - (41,014) (81) Cash and cash equivalents at the beginning of the period 201,204 187,223 Effect of changes in exchange rates (3,230) (23,442) Cash and cash equivalents at the end of the period 156,960 163,700