El.En.

Earnings Release • May 16, 2024

COMPANY PRESENTATION

Conference Call Q1 2024 Financial results

May 16th , 2024

DISCLAIMER ²

Certain statements in this slide show, including those addressing the Company's beliefs, plans, objectives, estimates or expectations of possible future results or events, are forward-looking statements. Forward-looking statements involve known or unknown risks, including general economic and business conditions, and conditions in the industry we operate and may be affected should our assumptions turn out to be inaccurate. Consequently, no forward-looking statement can be guaranteed and actual future results, performance, or achievements may vary materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation about the contents nor to update the forward-looking statements to reflect events or circumstances that may arise after the date hereof.

INCOME STATEMENT – Q1 2024 ³

'000 Euro	31/03/23	%	31/03/24	%	% Var
	unaudited		unaudited
Medical	96 812	0% 60 ,	91 704	3% 61 ,	3% -5 ,
Industrial	64 543	0% 40 ,	57 812	7% 38 ,	4% -10 ,
Revenues	161 355	0% 100 ,	149 516	0% 100 ,	3% 7 - ,
Gross margin	61 123	37 9% ,	62 400	7% 41 ,	2 1% ,
Operating Expenses	066 14	8 7% ,	914 15	10 6% ,	13 1% ,
Staff espenses	26 123	16 2% ,	27 269	18 2% ,	4 4% ,
EBITDA	20 934	13 0% ,	19 217	12 9% ,	8 2% - ,
accruals Depr amort ., .,	3 902	4% 2 ,	4 901	3% 3 ,	6% 25 ,
EBIT	17 032	6% 10 ,	14 316	6% 9 ,	9% 15 - ,
income(charges) financ Net	(459)	0 3% - ,	187	0 1% ,
(expense) Other income net	36	0 0% ,	(107)	0 1% - ,
EBT	16 608	10 3% ,	14 396	9 6% ,	13 3% - ,
	31/12/23		31/03/24 unaudited
financial position Net	54 586		46 148

Cash Flow – Q1 2024 ⁴

Revenue Breakdown by Business ⁵

Revenue Breakdown by Area ⁶

-46% -5%

+32%

2024 Guidance ⁷

Revenue 2024 > Revenue 2023

EBIT 2024 > EBIT 2023

CONTACTS

El.En. S.P.A. Enrico Romagnoli Investor Relations Manager tel. +39 055-8826807 E-mail: finance@elen.it

POLYTEMS HIR

Financial Communication, IR and Press Office Bianca Fersini Mastelloni - b.fersini@polytemshir.it Silvia Marongiu - s.marongiu@polytemshir.it Tel. +39 06-69923324