Aquafil

Investor Presentation • Sep 30, 2024

Investor Presentation [ECNL:IM] - [ECNLF: OTCQX] Lytham Partners Fall 2024 Investor Conference

October 1, 2024

Aquafil is Market Leader in Nylon

% on 1H 2024 REVENUES

Carpet yarn

• Contract
• Residential
• Automotive

Textile yarn

• Apparel

70 % 8 %

• Swimwear

• Sportwear

Polymers

• Industrial Molding 72% 16% 12%
  • Extrusion

  • Compounding

And Market Leader Worldwide

% on 1H 2024 REVENUES

Company Strengths

A successful Business Model. Proprietary technology with continuous R&D innovation.

Approx. 2% of revenues in R&D

Pioneer of Circularity with the ECONYL® Regeneration System, producing sustainable fibers and polymers from nylon 6 waste.

Approx. 53% of fiber turnover

Glocal. A Global Company with local productions.

19 Plants, 8 Countries on 3 Continents Ca. 2,400 Employees

Infinitely Recyclable, Endless Possibilities

100% regenerated & regenerable nylon.

Unique proprietary technology.

Same quality and performance as standard nylon without using new resources.

WASTE IN

ECONYL® nylon is made from waste otherwise destined for the landfill

NO WASTE OUT

Our Main ESG Targets

Generate 60% of our fibers revenues from ECONYL® and other regenerated fibers

Collect 35,000 tons of post-consumer waste

Join the SBT initiative and set GHG reduction target

Monitor Group's key suppliers through audits and/or due diligence (in line with the European Supply Chain Act)

20% women in top and senior management positions within 3 years to assure gender equality

Draft a succession plan for our top management

Our Top ESG Achievements

1 st ranked company in the "Textiles" subindustry according to Morningstar Sustainalytics ESG Risk Rating

and

Silver Medal according to EcoVadis.

• Environmental Policy approval
• Scope 3 emissions reporting
• •Development, validation and issuance of ISO 4484-2 standard on microplastics
• Climate Change Risk and Vulnerability Assessment and Biodiversity Assessment

• •DE&I Policy definition
• Approval of Human Rights Policy
• Approval of Green Procurement Policy
• 45 thousand hours of training (+35% vs 2022)
• Launch of the talent management project

• Approval of new ESG Policy and establishment of an ESG Committee
• New remuneration and incentive policy with ESG parameters
• •Anti-Corruption Policy
• •Update of the Code of Ethics and Whistleblowing Procedure

Key figures 1H 2024

€ 288,1 Million of Revenues

€ 32,6 Million EBITDA

€ 243,0 Million NFP

52,8% ECONYL® fiber turnover

Industrial plan 2024 – 2026

• New 2024 –2026 industrial plan designed to:
  • further strengthen the Group's competitive positioning through volumes increase
  • accelerate the growth path, also through additional investments, partly leveraging on the €40m capital increase
  • support selected initiatives for:
    • technological improvement
    • increase in efficiency and automation of the production process, and
    • cost rationalization.

Industrial plan 2024 – 2026 - Expected volumes by business lines

	BCF - Carpet yarn	NTF - Textile yarn	Polymers
'24E vs '23E	Substantially stable	Substantially stable	40%
'25E vs '24E	From +7% to +9%	From +15% to +18%	From +45% to +55%
'26E vs '25E	From +2% to +4%	From +4% to +7%	From 1% to +2%
CAGR '23-'26	+4%	+7%	+30%

All the expected results include the effects of the proposed capital increase of €40 mln.

Industrial plan 2024 – 2026 - Key indicators

Expected results 2024

• EBITDA target: ca. 65 €/mln
• NFP*: ca. 207 €/mln

Expected results 2025

• EBITDA target: 80 87 €/mln
• NFP*: 185 195 €/mln

Expected results 2026

• EBITDA target: 90 96 €/mln
• NFP*: 157 167 €/mln

All the expected results include the effects of the proposed capital increase of €40 mln.

* Positive means debt

www.aquafil.com www.econyl.com www.dryarn.com