Teixeira Durate

Earnings Release • Apr 22, 2025

- Insider information -

RESULTS FOR 2024

(Unaudited)

"Teixeira Duarte, S.A." informs that, as part of the process of closing accounts for the year 2024, it has already found some consolidated figures deemed appropriate to disclose to the market in anticipation of the final approval of the financial statements for that year, whose publication is scheduled to occur on April 30th, together with the documents of the supervisory bodies and other elements for the annual General Meeting.

The amounts set out below were calculated in accordance with International Financial Reporting Standards (IFRS).

In this context, "Teixeira Duarte, S.A." informs that:

• Turnover stood at 775 million euros, 8 million euros more than in 2023, with the domestic market accounting for 42%; the Construction sector contributed 56% to Turnover;
• EBITDA increased by 36% compared to 2023, reaching 105 million euros;
• EBIT amounted to 70 million euros, 32 million euros more than in the previous year;
• In 2024, the Group achieved Net Income Attributable to Capital Holders of 26 million euros, compared to a negative result of 12 million euros in 2023;
• Operating Income reached the amount of 843 million euros, which corresponds to a drop of 30 million euros, recording a decrease of 3% compared to 2023;
• Net Financial Debt stood at 643 million euros at the end of 2024, which translates into a decrease of 4 million euros compared to the previous year, with Gross Bank Financing reducing 16 million euros;
• Financial Autonomy stood at 11,5% on December 31st 2024, an increase of 1,7 p.p. compared to the end of 2023;
• The Group's Order Portfolio for the Construction sector reached 1.540 million euros, which corresponds to a growth of 43% compared to December 31st 2023.

Porto Salvo, April 17th 2025 The Market Relations Representative, Sérgio Paulo Reis Pereira