El.En.

Investor Presentation • May 16, 2025

COMPANY PRESENTATION

Conference Call Q1 2025 Financial results

May 16th , 2025

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.

HIGHLIGHTS – Q1 2025 ³

emarket sdir scorage
CERTIFIED

P&L	31/03/2024	%	31/03/2025	%	Var.%
	unaudited		unaudited
Revenues	129.555		140.900		8,8%
EBIT	15.544	12,0%	17.410	12,4%	12,0%

	31/03/2024	%	31/03/2025	%	% Var
Medical	91	70	99	70	8
	704	8%	204	4%	2%
		,		,	,
Industrial	37	2%	41	6%	2%
	850	29	696	29	10
		,		,	,

INCOME STATEMENT – Q1 2025 ⁴

'000 Euro	31/03/2024	%	31/03/2025	%	% Var
	unaudited		unaudited
Medical	91 704	70 8% ,	99 204	70 4% ,	8 2% ,
Industrial	37 850	29 2% ,	41 696	29 6% ,	10 2% ,
Revenues	129 555	100 0% ,	140 900	100 0% ,	8 8% ,
margin Gross	680 57	44 5% ,	62 947	44 7% ,	9 1% ,
Operating Expenses	368 14	1% 11 ,	132 15	10 7% ,	3% 5 ,
Staff espenses	23 395	1% 18 ,	26 088	5% 18 ,	5% 11 ,
EBITDA	19 917	4% 15 ,	21 726	4% 15 ,	1% 9 ,
accruals Depr amort ., .,	4 372	3 4% ,	4 316	3 1% ,	1 3% - ,
EBIT	15 544	12 0% ,	17 410	12 4% ,	12 0% ,
income(charges) financ Net	423	0 3% ,	(1 111)	0 8% - ,
(expense) Other income net	(14)	0 0% ,	19	0 0% ,
EBT	15 954	3% 12 ,	16 318	6% 11 ,	3% 2 ,
	31/12/24		31/03/25
			unaudited
financial position Net	110 559		107 558

Cash Flow – FY 2024 ⁵

**D&A= Depreciation, Accruals and Devaluation

***NWC= Net Working Capital

Revenue Breakdown by Business ⁶

Revenue Breakdown by Area ⁷

2025 Guidance ⁸

Revenues 2025 > Revenues 2024

EBIT 2025 > EBIT 2024

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