Compagnia Dei Caraibi

Earnings Release • Jan 30, 2025

COMPAGNIA DEI CARAIBI S.p.A. SB

CONSOLIDATED ECONOMIC AND FINANCIAL MANAGEMENT DATA AS AT 31 DECEMBER 2024

Consolidate revenues range between Euro 56.1 million and euro 57.1 million, equal to a growth between + 6.2% and + 8.1% compared to 31 December 2023 (euro 52.8 million)

Turin (Italy), 30 January 2025 - Compagnia dei Caraibi S.p.A. Benefit Company (ticker TIME) ("Compagnia dei Caraibi" or the "Company"), a Piedmont leader company in the import, development, brand building and distribution of premium and over premium spirits, wines and soft drinks from all over the world, as well as Italian craft beers, reports that today's Board of Directors examined some of the consolidated operating economic-financial figure as at 31st December 2024, not subject to auditing.

Consolidated revenues as at 31 December 2024 are in a range between approximately €56.1 million and €57.1 million, up between 6.2% and 8.1% compared to 31 December 2023 (euro 52.8 million).

Edelberto Baracco, Chairman of the Board of Directors and CEO of Compagnia dei Caraibi, commented:

"The fourth quarter of 2024, similarly to the previous three quarters, has seen a revenues growth compared to the same period of the previous year. Having achieved significant growth during the year when compared to the market context which sees a general contraction in consumption, further demonstrates how dynamic can be our model. As we face 2025, we remain focused on continuing the path started in recent months and aimed at refocusing the Group on our core business, the B2B and B2C distribution, which complements our historic brand building activity, areas in which we know we are able to generate the real value. Having to face the reorganization of the spirits portfolio, it becomes particularly important to continue our activity aimed at attracting new brands to be exclusive distribution, as well as accelerating the growth of the owned brands".

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This press release is available on the Company's website www.compagniadeicaraibi.com in the "Investors Relations/Press Releases" section, as well as on the dissemination system (SDIR) available at .

Compagnia dei Caraibi S.p.A. Benefit Company (ticker: TIME, ISIN: IT0005453235) established in Vidracco (TO) in 2008, is the leading company in the import, development, brand building and distribution of premium and over-premium spirits, wines and soft drinks from all over the world, as well as of Italian craft beers. Listed on the stock exchange since July 2021, the Company is one of the most dynamic on the market, with a total catalogue of over 1,200 references exclusively imported and distributed in Italy. The Company currently operates in 34 countries with a direct presence in Italy, Spain and the United States. The Company extended its business model with Dispensa, a project that directly caters for end consumers with an online and offline omnichannel concept. Increasingly, the distribution model is focusing on the national and international consolidation of owned and co-owned brands: vermouth, liqueurs, gin, and beer. As of July 2021, Compagnia dei Caraibi is a Benefit Company; there are four permanent areas of responsible business practice (ESG): environment, culture, people and gender equality. In September 2023, Compagnia dei Caraibi was awarded the B Corp® certification, joining the international community of companies leading a global movement to promote an inclusive, equitable and regenerative economic paradigm.

For additional information:

Compagnia dei Caraibi: Investor Relator Fabio Torretta +39 0125 791104 investors@compagniadeicaraibi.com

Euronext Growth Advisor illimity Bank +39 02 82849699 compagniadeicaraibi@illimity.com