The Board of Directors has approved the results as at 30 June 2026

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The Board of Directors has approved the results as at 30 June 2026 | Phynwire

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Informazione

Regolamentata n.

20053-133-2026Data/Ora Inizio Diffusione 30 Luglio 2026 12:38:19Euronext Star Milan

Societa' :TINEXTA

Utenza - referente :TINEXTANSS01 - Mastragostino Josef

Tipologia :1.2

Data/Ora Ricezione :30 Luglio 2026 12:38:19 Data/Ora Inizio Diffusione :30 Luglio 2026 12:38:19 Oggetto :The Board of Directors has approved the results as at 30 June 2026 Testo del comunicato

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PRESS RELEASE

The Board of Directors has approved the results as at 30 June 2026

THE BOARD OF DIRECTORS UPDATES FY 2026 GUIDANCE

Results 1H 2026

• Revenues

1: €214.3 million, -0.2% vs 1H 20252 • Adjusted EBITDA: €33.7 million, -2.8% vs 1H 2025 • EBITDA: €27.8 million, -3.7% vs 1H 2025 • Adjusted Operating Profit: €11.4 million • Operating profit: -€40.9 million • Net Profit from continuing operations: -€42.8 million • Adjusted Net Profit from continuing operations: €1.9 million • Adjusted Free Cash Flow from continuing operations: €52.4 million vs €37.6 million as at 30 June 2025 (€85.1 million in the last twelve months to 30 June 2026) • Net financial indebtedness: €343.3 million (vs €239.8 million as at 31 December 2025) 2026 Guidance Updated • Consolidated revenues: +0- 2% vs 2025 • Adjusted EBITDA: + 2-4% vs 2025 • The debt ratio (NFP/Adjusted EBITDA) is expected to be between 3.3x and 3.4x at year -end 2026.

30 July 2026 - The Board of Directors of Tinexta S.p.A., a leading provider of Digital Trust, Cybersecurity and Business Innovation services, listed on the Euronext Star Milan segment, organised and managed by Borsa Italiana, which met today under the chairmanship of Mr Enrico Salza, has approved the Half -Yearly Financial Report as at 30 June 2026.

During the first six months of the year, Revenues amounted to €214.3 million ( -0.2% compared to the previous year), Adjusted EBITDA to €33.7 million ( -2.8%) and Adjusted Net Profit from continuing operations was €1.9 million.

1Revenues are shown before non -recurring components.

2The comparative figures for the first half of 2025 have been restated in relation to:

• the completion, in the third quarter of 2025, of the fair value measurement of the assets and liabilities of Defence Tech Hol ding S.p.A. Società Benefit (then Tinexta Defence S.p.A. Società Benefit), and its subsidiaries (the "Defence Group"), fully consol idated from 1 August 2024 to 30 December 2025;

• the reclassification of the contribution of Tinexta Defence Holding S.r.l. and its subsidiaries to the Profit (loss) from dis continued operations, as better specified in Note 15. Assets available for sale and Discontinued Operations of the Notes to the Consolidated Financial Statements as at 31 December 2025;

• the correction of an error relating to the recognition of Assets for costs for the fulfilment of the contract pursuant to IFR S 15 at the French subsidiary ABF Décisions as at 31 December 2025 with retrospective recognition as at 1 January 2025, as better specified in Note 3. Changes in accounting policies and correction of errors in the Notes to the Consolidated Financial Statements as at 31 December 2025.

CONSOLIDATED GROUP RESULTS AS AT 30 JUNE 20263

Summary income statement results (Amounts in thousands of Euro) 1st Half 2026 1st Half

2025

Restated4 Change Change % Adjusted revenues 214,278 214,807 (529) -0.2% Revenues 215,852 214,807 1,045 0.5% Adjusted EBITDA 33,714 34,670 (956) -2.8%

EBITDA 27,794 28,854 (1,059) -3.7%

Adjusted operating profit (loss) 11,424 15,303 (3,879) -25.3% Operating profit (loss) (40,906) (21,737) (19,169) -88.2% Adjusted net profit (loss) from continuing operations 1,898 6,652 (4,754) -71.5% Net profit (loss) from continuing operations (42,757) (9,073) (33,684) -371.3% Profit (loss) from discontinued operations 0 1,303 (1,303) -100.0% Net profit (42,757) (7,770) (34,988) -450.3% Adjusted free cash flow from continuing operations 52,383 37,612 14,771 39.3% Free cash flow from continuing operations 43,281 32,843 10,438 31.8% Free cash flow 43,281 42,589 692 1.6% Earnings (Loss) per share (in Euro) (0.94) (0.20) (0.75) 380.6% Earnings (Loss) per share from continuing operations (in Euro) (0.94) (0.22) (0.72) 319.8%

Revenues for the first half of the year amounted to €214.3 million, essentially in line with the same period of the previous year.

During the first half of 2026, EBITDA – including non- recurring costs – amounted to €27.8 million, a decrease of 3.7% compared with the same period last year.

Adjusted EBITDA

5 for the first half of the year stood at €33.7 million, a decrease of 2.8% compared with the same period last year, entirely attributable to the organic decline recorded in the Cybersecurity ( -59.1%) and Business Innovation ( -36.3%) BUs, despite the growth recorded in the Digital Trust (+13.4%) BU.

The Operating Result was negative and equal to €40.9 million, compared to a negative Operating Result of €21.7 million during the first half of last year.

The item Amortisation and depreciation, provisions and impairment amounted to €68.7 million (€50.6 million during the first half of 2025) and includes:

• €35.2 million relating to Impairment of non- financial assets allocated to the ABF CGU (of which €23.1 million relates to a non- recurring impairment of goodwill and €12.1 million

3The results for the period include the contribution from acquisitions of Strategy Innovation S.r.l., consolidated from 1 January 2026 and merged into Lenovys S.r.l. on 4 May 2026 (with retroactive accounting and tax effect from 1 January 2026), and TiSviluppo S.r.l., consolidated from 1 January 2026 and merged into Visura S.p.A. on 30 June 2026 (with retroactive accounting and tax effect from 1 January 2026).

4The comparative figures for the first half of 2025 have been restated in relation to:

• the completion, in the third quarter of 2025, of the fair value measurement of the assets and liabilities of Defence Tech Holding S.p.A. Società Benefit (now Tinexta Defence S.p.A. Società Benefit), and its subsidiaries, fully consolidated from 1 August 2024 to 30 December 2025;

• the reclassification of the contribution of Tinexta Defence Holding S.r.l. and its subsidiaries to the Profit (loss) from discontinued operations, as better specified in Note 15. Assets available for sale and Discontinued Operations of the Notes to the Consolidated Financial Statements as at 31 December 2025;

• the correction of an error relating to the recognition of Assets for costs for the fulfilment of the contract pursuant to IFRS 15 at the French subsidiary ABF Décisions as at 31 December 2025 with retrospective recognition as at 1 January 2025, as better specified in Note 3. Changes in accounting policies and correction of errors in the Notes to the Consolidated Financial Statements as at 31 December 2025.

For more details on the impacts of the restatements, please refer to the Information on the Comprehensive Income Statement section of the Notes to the Condensed Interim Consolidated Financial Statements.

5Adjusted EBITDA excludes non- recurring components, amounting to €5.8 million and Long -Term Incentive Plan (LTIP) costs of €0.1 million.

to Other intangible assets from consolidation);

• €10.9 million attributable to Amortisation of other intangible assets from consolidation, down compared to the first half of 2025 due to the completion of the amortisation process of some intangible assets allocated to the Cybersecurity BU.

Net financial charges amounted to €5.2 million (compared to Net financial income of €11.1 million in the first half of 2025).

The item Financial income for acquisitions decreased by €18.3 million, mainly due to lower Income from the adjustment of liabilities for the purchase of minority interests . The decrease of €1.8 million in Financial charges for acquisitions includes Charges for negative adjustments of liabilities for the purchase of minority interests for €0.6 million.

The balance of Interest income/expense in the first half of the year was negative for €5.6 million (essentially in line with the same period of 2025).

Income taxes, calculated on the basis of the rates envisaged for the year by current legislation, were positive in the amount of €3.3 million, compared to a Loss before tax of €46.1 million.

The main tax adjustment to the Loss before tax was the non- relevance for tax purposes of the Impairment of Goodwill of €23.1 million; excluding this item, the Loss before tax relevant for tax purposes would be equal to €23.0 million.

The Net Loss from continuing operations during the first half of 2026 amounted to €42.8 million (compared to the Net Loss from continuing operations of €9.1 million in the same period of 2025).

Adjusted free cash flow from continuing operations generated during the first half of 2026 amounts to €52.4 million, up from €37.6 million during the first half of the previous year. The Free cash flow from continuing operations generated during the first half of 2026 amounted to €43.3 million. Cash flow from non- recurring components during the first half of 2026 amounted to €9.1 million and included €4.6 million relating to Long- Term Incentive Plans (LTIP), of which €3.2 million was attributable to the conversion to cash- settled amounts of the 2023- 2025 Performance Shares Plan.

RESULTS BY BUSINESS SEGMENT

The table below shows the economic results of the Business Units, adjusted for non- recurring components.

Adjusted condensed Income Statement by business segment 1st Half

2026 EBITDA

MARGIN

1st Half

2026 1st Half

2025 EBITDA

MARGIN

1st Half

2025 Change Change % (In thousands of Euro)

Adjusted revenues

Digital Trust 111,990 107,851 4,139 3.8% Cybersecurity 37,485 45,296 (7,811) -17.2% Business Innovation 68,716 66,758 1,958 2.9% Other segments (Parent Company) 5,591 4,548 1,043 22.9% Intra-segment (9,504) (9,646) 142 1.5% Total adjusted revenues 214,278 214,807 (529) -0.2%

Adjusted EBITDA

Digital Trust 33,860 30.2% 29,863 27.7% 3,997 13.4% Cybersecurity 1,963 5.2% 4,796 10.6% (2,833) -59.1% Business Innovation 5,791 8.4% 9,096 13.6% (3,305) -36.3% Other segments (Parent Company) (6,945) N/A (7,876) N/A 931 11.8% Intra-segment (955) N/A (1,209) N/A 254 21.0% Total Adjusted EBITDA 33,714 15.7% 34,670 16.1% (956) -2.8%

Digital Trust

During the first half of 2026, the BU recorded Revenues of €112.0 million, an increase of 3.8% compared to the same period of the previous year. The performance of revenues was driven by the sale of LegalMail solutions (+3%), with particular reference to the Public Administration and large companies markets and by the resale of LegalCert services (+7%).

In the Enterprise segment, Trusted Onboarding Platform solutions recorded an 18% increase, due to the effect of recurring revenues from fees and consumption by loyal customers who increase their use of the platforms year after year following periods of targeted tests.

Revenues related to Business Information services (+6%), the Telematic Civil Process (+7%) and Telematic Transactions (+3%) also increased due to higher consumption recorded in the period; this growth was partially slowed by the contraction in revenues from Digital Advantage solutions ( -28%, attributable in part to the sale of the Confidi and Financial Intermediaries corporate branch), as well as the decrease in the Management Software segment ( -18%) which had experienced an impact from NRRP -related revenues in 2025.

The growth in sales of the e- commerce channel continued in the first half of 2026 (+15%), confirming the positive trend seen in 2025.

During the first half of 2026, the BU made investments of €6.6 million, essentially in line with the first half of the previous year.

The Adjusted EBITDA of the BU amounted to €33.9 million, up 13.4% compared to the previous

year and with an EBITDA margin of 30.2% (compared to a margin on revenues of 27.7% recorded in the same period of 2025). The growth in revenues was accompanied by an increase in personnel costs (+7.3%) and a simultaneous reduction in production costs ( -4.8%) and G&A expenses ( -8.3%), giving rise to an increase in margins.

Cybersecurity

During the first half of 2026, the BU reported revenues of €37.5 million, down 17.2% compared with the same period of the previous year, mainly attributable to the services component across both business areas (Technology Solutions and Security Solutions).

Specifically:

• Performance in the services component within the Technology Solutions area, down 9.3%, is attributable to the gradual phase- out of certain System Integration activities with a lower contribution value, as well as the slowdown of some major projects;

• The decline in services in the Security Solutions area ( -27.6%) is attributable to the negative performance of the Advisory (-33.4%), Managed Security Services (-28.0%) and Implementation Services ( -15%) segments, impacted by lower commercial effectiveness in the segment.

Revenues from the Resale of Third Party Products ( -36.1%) in the Security Solutions area declined.

During the first half of 2026, the BU made investments of €2.4 million (up compared with €1.7 million in the first half of the previous year), mainly relating to the development of proprietary products.

The Adjusted EBITDA of the BU as at 30 June 2026 amounted to €2.0 million, a significant decrease compared with the same period in 2025, with a margin on revenues of 5.2% (compared with 10.6% in the first half of 2025). The decline is attributable to lower revenues of the company and increased use of third- party products, factors only partially offset by savings in SMG&A costs (-€0.8 million).

Business Innovation

During the first half of 2026, the BU's Revenues amounted to €68.7 million, an increase of 2.9% compared to the same period of the previous year.

During the first half of 2026, the Subsidised Services segment on the Italian market recorded an increase of 27.8%, mainly due to the combined effect of the following:

• the positive performance of Investment Credit (+€5.2 million), which benefited from the conclusion of the Transition 5.0 measure and the recognition of the credit requested;

• growth in advisory services for loans on large Strategic Projects (+€1.1 million);

• decrease in revenues from Research & Development Credit ( -€0.9 million) and from advisory relating to European Funds ( -€0.2 million).

The Digital Marketing services provided by Queryo Advance S.r.l. saw an increase of 4.3%, mainly attributable to the growth of the Advertising component; the Digitalisation and rental services provided by Forvalue S.p.A. increased by 7.2% in the first half of the year.

The ESG , Export and Digital & Innovation business lines reported a slight decline compared with the previous year ( -1.6%).

In the French market, revenues from the Subsidised Finance segment (mainly relating to ABF, which recorded revenues of €3.9 million) declined by 38.2% due to lower success rates compared with 2025, also reflecting the ongoing political instability in the country since 2024.

During the first half of 2026, the BU made investments of €2.0 million, essentially in line with the €1.7 million recorded during the first half of the previous year.

The BU's Adjusted EBITDA amounted to €5.8 million, representing a significant decrease ( -36.3%) compared with the same period of the previous year.

The positive contribution from Subsidised Services in the Italian market — which led to an increase in margins in absolute terms — was offset by weaker performance across the remaining product lines and by the decline in revenues at the ABF Group, which were in turn impacted by a deterioration in weighted success rates (24% compared with 33% previously). The EBITDA margin was 8.4%, compared with 13.6% in the same period of 2025.

SUMMARY OF SECOND QUARTER 2026 RESULTS

The Group achieved Revenues 6 of €108.1 million. EBITDA amounted to €14,1 million. Adjusted EBITDA equal to €18.5 million (corresponding to 17.1% of Revenues).

The Operating Result was negative for €38.4 million due to the effect of non- recurring impairment of intangible assets recognised during the quarter. The Net Loss from continuing operations is equal to €37.9 million.

Summary income statement results (Amounts in thousands of Euro) 2nd

Quarter

2026 2nd

Quarter

2025

Restated7 Change Change % Adjusted revenues 108,136 108,296 (160) -0.1% Revenues 109,050 107,963 1,087 1.0% Adjusted EBITDA 18,489 16,917 1,572 9.3%

EBITDA 14,104 12,675 1,429 11.3%

6Revenues are shown before non -recurring components.

7The comparative figures for the second quarter of 2025 have been restated in relation to:

• the reclassification of the contribution of Tinexta Defence Holding S.r.l. and its subsidiaries to the Profit (loss) from discontinued operations, as better specified in Note 15. Assets available for sale and Discontinued Operations of the Notes to the Consolidated Financial Statements as at 31 December 2025;

• the correction of an error relating to the recognition of Assets for costs for the fulfilment of the contract pursuant to IFRS 15 at the French subsidiary ABF Décisions as at 31 December 2025 with retrospective recognition as at 1 January 2025, as better specified in Note 3. Changes in accounting policies and correction of errors in the Notes to the Consolidated Financial Statements as at 31 December 2025.

Adjusted operating profit (loss) 6,858 7,134 (277) -3.9% Operating profit (loss) (38,363) (21,920) (16,443) -75.0% Adjusted net profit (loss) from continuing operations 1,370 2,831 (1,462) -51.6% Net profit (loss) from continuing operations (37,897) (12,712) (25,185) -198.1% Profit (loss) from discontinued operations 0 1,071 (1,071) -100.0% Net profit (37,897) (11,641) (26,256) -225.5% Adjusted free cash flow from continuing operations 17,710 6,703 11,007 164.2% Free cash flow from continuing operations 11,767 2,818 8,948 317.5% Free cash flow 11,767 9,959 1,808 18.1% Earnings (Loss) per share (in Euro) (0.83) (0.25) (0.57) 225.5% Earnings (Loss) per share from continuing operations (in Euro) (0.83) (0.28) (0.55) 198.1%

GROUP NET FINANCIAL INDEBTEDNESS

Net financial indebtedness as at 30 June 2026 amounted to €343.3 million, an increase of €103.5 million compared with 31 December 2025 and €42.3 million compared with 30 June 2025.

The change in net financial indebtedness compared to the first half of 2025 and the last twelve months (to 30 June 2026) is shown below.

In thousands of Euro 1st Half 2026 1st Half 2025 Last 12 months to 30 June 2026 Total financial indebtedness - opening balance 239,839 321,809 301,020 Adjusted free cash flow from continuing operations (52,383) (37,612) (85,133) Non-recurring components of Free cash flow from continuing operations 9,103 4,769 15,040 Free cash flow from discontinued operations 0 (9,746) 2,835 Net financial (income) charges 5,218 5,469 11,889 Approved dividends 1,189 18,899 1,189 New leasing contracts and adjustments to existing contracts 1,620 3,467 4,579 Acquisitions (Disposals) 139,091 8,312 102,300 Adjustment of Put options 85 (16,707) (4,582) Adjustment to contingent considerations (41) 237 (2,409) Non-ordinary investments (Disinvestments) in Property, plant and equipment and Intangible assets 0 0 (1,020) OCI derivatives (982) 908 (1,721) Other residual 550 1,217 (696) Total financial indebtedness - closing balance 343,291 301,020 343,291

The increase compared to 31 December 2025 is mainly attributable to the item Acquisitions , equal to €139.1 million, which reflects:

• The recognition of the estimated liability for the acquisition of the stake in Tinexta Infocert (arising from the exercise of the call option on the 16.09% interest held by Bregal Milestone), amounting to €137.0 million;

• The acquisition of Strategy Innovation S.r.l. for €2.4 million;

• The acquisition of TiSviluppo S.r.l. for €1.3 million;

• The sale of a corporate branchof the subsidiary Sixtema for €1.6 million.

The item Acquisitions/(Disposals) over the last 12 months to 30 June 2026, amounting to €102.3 million, mainly reflects:

• The deconsolidation of Tinexta Defence Holding Società Benefit S.p.A. and its subsidiaries for a total benefit of €89.1 million;

• The recognition of the liability for the acquisition of a 9.52% stake in Tinexta Innovation Hub (arising from the change of control of Tinexta and the consequent exercise by Intesa Sanpaolo of the related Put option), amounting to €48.3 million.

Adjusted free cash flow from continuing operations amounted to €52.4 million (€37.6 million in the same period of the previous year). The Free cash flow from continuing operations came to €43.3 million, of which €54.2 million of Net cash and cash equivalents generated by operations gross of €10.9 million of investments in Property, plant and equipment and Intangible assets for continuing operations (in line with the previous year).

In thousands of Euro 1st Half 2026 1st Half 2025 Last 12

months to

30 June

2026

Cash and cash equivalents generated by continuing operations 57,751 44,818 102,432 Income taxes paid on continuing operations (3,563) (1,619) (6,648) Net cash and cash equivalents generated by continuing operations 54,187 43,199 95,784 Investments in Property, plant and equipment and Intangible assets for continuing operations (10,907) (10,356) (24,670) of which Non- ordinary investments (Divestments) in Property, plant and equipment and Intangible assets (1,020) Free cash flow from continuing operations 43,281 32,843 70,094 Cash flow from non- recurring components 9,103 4,769 15,040 Adjusted free cash flow from continuing operations 52,383 37,612 85,13 3 New leasing contracts and adjustments to existing contracts during the first half of 2026 resulted in an increase in debt of €1.6 million.

Outlook

In the light of the results for the first half of the year, the Board of Directors examined the current forecasts, with particular attention to the elements that negatively affected the results of the Cybersecurity BU and the subsidiary ABF, which estimate a decrease in Adjusted EBITDA compared to expectations at the start of the year.

Growth expectations

8 for consolidated Revenues in 2026 are between 0% and 2% compared with 2025 (vs an estimated growth of between 3% and 4% communicated to the market on 5 March 2026), with Adjusted EBITDA expected to grow by between 2 % and 4% compared with 2025 (vs an estimated growth of between 6% and 7% communicated to the market on 5 March 2026), partly through the implementation of effective measures to contain operating costs.

At the end of 2026, the debt ratio (NFP/Adjusted EBITDA) is estimated to be between 3.3x and 3.4x (compared with an estimated debt ratio of between 3.1x and 3.3x communicated to the

8 It is important to note that these forecasts are based on different assumptions, expectations, projections and provisional data relating to future events and are subject to a number of uncertainties and other factors that are out of the control of the Tinexta Group. There are numerous factors, which may generate results and performances that are notably different with respect to the implicit or explicit contents of the previsional information and, therefore, this information is not a reliable guarantee of future performances.

market on 5 March 2026).

****

The Manager responsible for preparing the company's financial reports, Oddone Pozzi, declares, pursuant to paragraph 2 of Article 154 -bis of the Consolidated Law on Finance, that the accounting information contained in this press release corresponds to the document results, books and accounting records.

The Interim Report as at 30 June 2026 will be made available to the public within the legal deadlines, at the Company's registered office (Piazzale Flaminio, 1/B - 00196 Rome), on the eMarket STORAGE authorised storage mechanism (www.emarketstorage.com) and on the Company's website: https://tinexta.com/en/investor -relations/calendario- e-dati-finanziari .

CONFERENCE CALL

The Company will present the Results of the first half of 2026 in the Conference Call to be held on today's date, at 3:00 p.m .

Investors and analysts interested in participating are invited to register at the following link: Call

link

For further information please contact the Investor Relations Office: investor@tinexta.com .

TINEXTA S.p.A.

Tinexta is an industrial Group that offers innovative solutions for the digital transformation and growth of companies, profe ssionals and institutions.

Listed on the Euronext STAR Milan (MIC: MTAA), it is included in the European Tech Leader index as a high -growth tech company. Based in Italy with representatives in 12 countries spread across Europe and Latin America and over 3,000 employees, Tinexta is active in the strategic Digital Trust, Cybersecurity and Business Innovation sectors. As at 31 December 2025, the Group reported consolidated revenues of €457 million, Adjusted EBITDA of €103 million and Adjusted Net profit of €35 million.

www.tinexta.com | Stock ticker: TNXT, ISIN Code IT0005037210

Corporate Communication

Alessandra Ruzzu

Tel. +39 06 42 01 26 31 alessandra.ruzzu@tinexta.com Press Office Carla Piro Mander Tel. +39 06 42 01 26 31

carla.piro@tinexta.com

Barabino & Partners

Stefania Bassi

Tel. +39 335 6282 667 s.bassi@barabino.it Investor Relations

Josef Mastragostino

Tel. +39 06 42 01 26 31

investor@tinexta.com

STATEMENTS

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Six months ended 30 June Amounts in thousands of Euro

2026 2025

Restated9

Revenues 215,852 214,807 of which vs. related parties 79 1,546 Costs of raw materials (9,506) (9,738) Service costs (73,658) (70,859) of which vs. related parties (737) (898) Personnel costs (99,247) (98,917) Contract costs (4,138) (4,204) Other operating costs (1,508) (2,237) Amortisation and depreciation (30,486) (30,138) Provisions (971) (837) Impairment of trade receivables (2,015) (1,758) Impairment of non- financial assets (35,228) (17,857) Total Costs (256,758) (236,544)

OPERATING PROFIT (LOSS) (40,906) (21,737)

Financial income 1,713 20,546 of which vs. related parties 24 30 Financial charges (6,956) (9,439) of which vs. related parties (3) (16) Net financial income (charges) (5,243) 11,108 Share of profit of equity -accounted investments, net of tax effects 48 58

PROFIT (LOSS) BEFORE TAX (46,102) (10,572)

Income taxes 3,344 1,499

NET PROFIT (LOSS) FROM CONTINUING OPERATIONS (42,757) (9,073)

Profit (loss) from discontinued operations 0 1,303

NET PROFIT (42,757) (7,770)

9The comparative figures for the first half of 2025 have been restated in relation to:

• the completion, in the third quarter of 2025, of the fair value measurement of the assets and liabilities of Defence Tech Holding S.p.A. Società Benefit (then Tinexta Defence S.p.A. Società Benefit), and its subsidiaries, fully consolidated from 1 August 2024 to 30 December 2025.

• the reclassification of the contribution of Tinexta Defence Holding S.r.l. and its subsidiaries to the Profit (loss) from discontinued operations, as better specified in Note 15. Assets available for sale and Discontinued Operations of the Notes to the Consolidated Financial Statements as at 31 December 2025.

• the correction of an error relating to the recognition of Assets for costs for the fulfilment of the contract pursuant to IFRS 15 at the French subsidiary ABF Décisions as at 31 December 2025 with retrospective recognition as at 1 January 2025, as better specified in Note 3. Changes in accounting policies and correction of errors in the Notes to the Consolidated Financial Statements as at 31 December 2025.

Six months ended 30 June Amounts in thousands of Euro 2026 2025

Restated

Other components of the comprehensive income statement Components that will never be reclassified to profit or loss Change in fair value of equity investments measured at fair value through OCI (182) 6 Total components that will never be reclassified to profit or loss (182) 6 Components that may be later reclassified to profit or loss:

Exchange rate differences from the translation of foreign financial statements 378 (1,489) Profits (losses) from measurement at fair value of derivative financial instruments 982 (908) Tax effect (236) 218 Total components that may be later reclassified to profit or loss 1,124 (2,178) Total other components of comprehensive income for the period, net of tax effects 942 (2,172) Total comprehensive income for the period (41,815) (9,942) Net profit attributable to:

Group (43,309) (9,012) Minority interests 552 1,243 Total comprehensive income for the period attributable to:

Group (42,390) (10,920) Minority interests 575 978

Earnings per share Basic earnings per share (in Euro) (0.94) (0.20)

- of which from continuing operations (0.94) (0.22)

- of which from discontinued operations 0.00 0.03 Diluted earnings per share (in Euro) (0.94) (0.19)

- of which from continuing operations (0.94) (0.22)

- of which from discontinued operations 0.00 0.03

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

Amounts in thousands of Euro 30/06/2026 31/12/2025

ASSETS

Property, plant and equipment 50,438 55,257 Intangible assets and goodwill 515,238 559,797 Equity -accounted investments 2,104 2,051 Other equity investments 3,597 3,616 Other financial assets, excluding derivative financial instruments 4,138 3,683 of which vs. related parties 1,398 1,168 Derivative financial instruments 1,204 527 Deferred tax assets 7,609 9,256 Trade and other receivables 3,599 3,512 Contract cost assets 5,811 5,928

NON- CURRENT ASSETS 593,738 643,627

Inventories 1,822 2,754 Other financial assets, excluding derivative financial instruments 5,224 5,055 of which vs. related parties 1,663 1,700 Derivative financial instruments 10 168 Current tax assets 6,524 4,562 Trade and other receivables 143,782 178,596 of which vs. related parties 365 366 Contract assets 38,572 30,412 of which vs. related parties 3 1 Contract cost assets 4,726 5,192 Cash and cash equivalents 40,153 41,838 of which vs. related parties 5 7 Assets held for sale 79,708 81,485

CURRENT ASSETS 320,522 350,062

TOTAL ASSETS 914,260 993,689

Amounts in thousands of Euro 30/06/2026 31/12/2025

SHAREHOLDERS' EQUITY AND LIABILITIES

Share capital 47,207 47,207 Treasury shares -22,775 -22,775 Share premium reserve 55,439 55,439 Other reserves 77,278 233,582 Shareholders' equity attributable to the Group 157,149 313,452 Minority interests 3,424 30,311

TOTAL SHAREHOLDERS' EQUITY 160,573 343,763

LIABILITIES

Provisions 3,716 3,996 Employee benefits 21,836 21,991 Financial liabilities, excluding derivative financial instruments 180,734 210,979 of which vs. related parties 24 162 Derivative financial instruments 392 1,018 Deferred tax liabilities 17,498 23,127 Contract liabilities 21,134 20,167 of which vs. related parties 0 1 Deferred income 43 174

NON- CURRENT LIABILITIES 245,354 281,452

Provisions 1,060 760 Employee benefits 165 1,402 Financial liabilities, excluding derivative financial instruments 288,465 155,310 of which vs. related parties 498 496 Trade and other payables 122,569 116,496 of which vs. related parties 391 474 Contract liabilities 91,067 87,278 of which vs. related parties 73 70 Deferred income 2,573 3,324 Current tax liabilities 2,435 3,136 Liabilities held for sale 0 768

CURRENT LIABILITIES 508,334 368,474

TOTAL LIABILITIES 753,687 649,926

TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES 914,260 993,689

CONSOLIDATED STATEMENT OF CASH FLOWS

Amounts in thousands of Euro six months ended 30 June

2026 2025

Restated10

Cash flows from operations Net profit (42,757) (7,770)

Adjustments for:

- Amortisation and depreciation 30,486 32,068

- Impairment (Revaluations) 37,243 19,615

- Provisions 971 837

- Provisions for share- based benefit plans (13) 616

- Net (proceeds) financial charges 5,243 (10,727)

- of which vs. related parties (22) (14)

- Share of profit of equity -accounted investments (48) (58)

- Loss (Profit) from the sale of fixed assets (636) (23)

- Income taxes (3,344) (769)

- Cash -settled share- based payment transactions (3,180) 0

Changes in:

- Inventories 932 501

- Contract cost assets 583 (140)

- Trade and other receivables and Contract assets 25,421 18,444

- of which vs. related parties 0 (61)

- Trade and other payables 5,542 4,116

- of which vs. related parties (83) 455

- Provisions and employee benefits (2,487) 342

- Contract liabilities and deferred income, including public contributions 3,794 (98)

- of which vs. related parties 3 (22) Cash and cash equivalents generated by operations 57,751 56,955 Income taxes paid (3,563) (1,839) Net cash and cash equivalents generated by operations 54,187 55,116 of which discontinued operations 0 11,917

10The comparative figures for the first half of 2025 have been restated in relation to:

• the completion, in the third quarter of 2025, of the fair value measurement of the assets and liabilities of Defence Tech Holding S.p.A. Società Benefit (then Tinexta Defence S.p.A. Società Benefit), and its subsidiaries, fully consolidated from 1 August 2024 to 30 December 2025.

• the reclassification of the contribution of Tinexta Defence Holding S.r.l. and its subsidiaries to the Profit (loss) from discontinued operations, as better specified in Note 15. Assets available for sale and Discontinued Operations of the Notes to the Consolidated Financial Statements as at 31 December 2025.

• the correction of an error relating to the recognition of Assets for costs for the fulfilment of the contract pursuant to IFRS 15 at the French subsidiary ABF Décisions as at 31 December 2025 with retrospective recognition as at 1 January 2025, as better specified in Note 3. Changes in accounting policies and correction of errors in the Notes to the Consolidated Financial Statements as at 31 December 2025.

Amounts in thousands of Euro six months ended 30 June

2026 2025

Cash flows from investments Interest collected 378 632

- of which vs. related parties 0 61 Collections from sale or repayment of financial assets 1,254 1,142

- of which vs. related parties 61 0 Investments in equity -accounted investments (5) 0 Disinvestments in equity -accounted investments 5 24 Investments in unconsolidated equity investments (163) (172) Divestments in unconsolidated equity investments 0 65 Investments in other financial assets (1,317) (1,817)

- of which vs. related parties (230) (230) Investments in property, plant and equipment (749) (1,205) Investments in intangible assets (10,158) (11,346) Increases in the scope of consolidation, net of liquidity acquired (1,676) (7,911) Decreases in the scope of consolidation, net of liquidity sold 1,137 0 Net cash and cash equivalents generated/(absorbed) by investments (11,294) (20,589) of which discontinued operations 0 (2,079) Cash flows from financing Purchase of minority interests in subsidiaries 0 (34) Interest paid (5,766) (5,630)

- of which vs. related parties (3) 3 Medium/long- term bank loans taken out 920 0 Repayment of medium/long- term bank loans (46,638) (30,324) Short -term bank loans taken out 27,000 12,000 Repayment of short -term bank loans (12,000) (2,000) Repayment of price deferment liabilities on acquisitions of equity investments (894) (1,444) Repayment of Liabilities for contingent considerations (1,726) (4,550) Change in other current bank payables 484 (4,847)

- of which vs. related parties 48 262 Change in other financial payables 629 (499)

- of which vs. related parties (27) 35 Repayment of lease payables (5,288) (4,244)

- of which vs. related parties (101) (107) Dividends paid (1,571) (18,617) Net cash and cash equivalents generated/(absorbed) by financing (44,849) (60,189) of which discontinued operations 0 (6,580) Net increase (decrease) in cash and cash equivalents (1,955) (25,662) Cash and cash equivalents as at 1 January 41,838 72,765 Exchange rate effect on cash and cash equivalents 270 (543) Cash and cash equivalents at the end of the period 40,153 46,560

TOTAL FINANCIAL INDEBTEDNESS OF THE GROUP

In thousands of Euro 30/06/2026 Comparison with 31 December 2025 Comparison with 30 June 2025 31/12/2025 Δ % Δ 30/06/2025 Δ % Δ A Cash 40,153 41,838 (1,685) -4.0% 42,094 (1,941) -4.6% C Other current financial assets 84,932 84,948 (16) 0.0% 25,783 59,149 229.4% D Liquidity (A+B+C) 125,085 126,786 (1,701) -1.3% 67,877 57,208 84.3% E Current financial debt 227,397 71,737 155,660 217.0% 71,608 155,789 217.6% F Current portion of non- current financial debt 61,058 83,419 (22,361) -26.8% 94,382 (33,324) -35.3% G Current financial indebtedness (E+F) 288,454 155,156 133,298 85.9% 165,990 122,464 73.8% H Net current financial indebtedness (G -D) 163,369 28,370 134,999 475.9% 98,113 65,257 66.5% I Non -current financial debt 179,922 211,470 (31,548) -14.9% 202,908 (22,986) -11.3% L Non- current financial indebtedness (I+J+K) 179,922 211,470 (31,548) -14.9% 202,908 (22,986) -11.3% M Total financial indebtedness (H+L) (*) 343,291 239,839 103,452 43.1% 301,021 42,270 14.0% N Other non- current financial assets 4,138 3,683 454 12.3% 3,661 477 13.0% O Total adjusted financial indebtedness (M -N) 339,153 236,156 102,997 43.6% 297,360 41,794 14.1%

(*) Total financial indebtedness calculated in accordance with the provisions of CONSOB Communication no. 6064293 of 28 July 2006 and in compliance with the Warning Notice no. 5/21 issued by CONSOB on 29 April 2021 with reference to the Guideline ESMA32-382- 1138 dated 4 March 2021.

Fine Comunicato n.20053-133-2026 Numero di Pagine: 18