Fincantieri

Regulatory Filings • Dec 15, 2025

.2

Data/Ora Ricezione : 15 Dicembre 2025 22:36:20

Oggetto : FINCANTIERI AGREES EXTENSION OF THE

MATURITY OF THE LOAN GRANTED TO

VIRGIN CRUISES

Testo del comunicato

Vedi allegato

FINCANTIERI AGREES EXTENSION OF THE MATURITY OF THE LOAN GRANTED TO VIRGIN CRUISES

Fincantieri announces that it has agreed to extend the maturity date of a collateralized loan granted to VC Ship Four Ltd, a subsidiary of Virgin Cruises Intermediate Ltd. , in connection with the delivery of a vessel in December 2023 . The loan was originally due to be repaid by December 2025.

The extension constitutes a key element of a series of financial transactions concluded by the ship owner following the significant improvement in the group's operating performance , which had initially been affected by the consequences of Covid19 pandemic .

Fincantieri has granted an extension of the final maturity to September 2030, in exchange for (i) an immediate payment which, together with the amortization instalments collected in 2024 and 2025, reduces the outstanding amount to €495 million , with partial amortization for €120 million between 2027 and 2029, (ii) an enhancement of the security package backing the credit facility , and (iii) the adjustment to other terms and conditions of the loan, including the interest rate.

The extension of the maturity date entails the reclassification of the receivable from current to non-current. Nevertheless , the Company confirms its 2025 guidance regarding the Net debt/EBITDA ratio between 2.7x and 3.0x .

* * *

Fincantieri is one of the world's largest shipbuilding groups, the only player active in all high complexity marine industry sectors. The Group is a leader in the construction of cruise ships, naval and offshore vessels, and stands out for its extensive experience in the development of underwater solutions, thanks to its integrated industrial structure capable of managing and coordinating all activities related to the commercial, defense, and dual -use sectors. It holds a strong presence in key markets also thanks to the internalization of high value-added, distinctive technologies; it is also a leader in sustainable innovation and in the digital transformation of the shipbuilding sector. The company is active in the field of mechatronics, electronics, and digital naval systems, as well as in cybersecurity, artificial intelligence, and marine interiors solutions. It also offers a wide range of after-sales services, including logistic support and fleet assistance. With over 230 years of history and more than 7, 000 ships built, Fincantieri is a global player with a production network of 18 shipyards worldwide and over 23,000 employees. It maintains its know-how, expertise and management centers in Italy, where it directly employs over 12,000 workers and creates around 90,000 indirect jobs.

www.fincantieri.com

FINCANTIERI

Press Office Investor Relations Tel. +39 040 3192111 Tel. +39 040 3192111 press.office@fincantieri.it investor.relations@fincantieri.it

1