Alumil Aluminium Industry S.A.

Investor Presentation • Oct 3, 2025

Group Presentation Who we are

• Strategy & Growth Pillars
• ESG Commitment
• Financial Performance

A global leader in architectural aluminium systems providing advanced engineering & integrated architectural solutions worldwide

Who we are

• We study, design, develop, certify, produce & supply aluminium architectural systems
• We focus on large-scale buildings with high technical requirements & specifications
• We collaborate with internationally renowned architectural firms, developers, consultants and construction companies
• We provide technical solutions by analysing applications & certifying high technical standards

ALUMIL at a Glance

More than 3.200 employees All over the world	Sales in 2024 €455,14 M Architectural systems 84,2% Industrial profiles 15,8%	Industrial Premises 230.000 m 2 Vertical production	We sell in over 60 countries in every continent	We operate 34 subsidiaries around the world	We operate 33 sales & distribution warehouses In 15 countries
Robust engineering teams in Greece, USA, Romania, Serbia, UAE, India, Turkey	We exhibit our products in 23 Corporate Showrooms In 14 countries	Design, Development, Production Architectural Systems Certification,	We focus on Large scale Projects with demanding technical requirements and	Presence in 12 factories in 6 countries Greece, Serbia, Romania, Bosnia & Herzegovina,	Production Capacity Extrusion 87 Κtons Foundry 55 Κtons Coating 58 Κtons Anodizing 22 Κtons
			Supply	advanced specifications	Albania, Egypt

Products

PRODUCT SOLUTIONS FOR EVERY NEED

Management & Product Certifications

• Quality Management System in accordance with the international standard ISO 9001:2015
• Factory Production Control (FPC) in accordance with the international standard EN ISO 15088:2015
• Occupational Health & Safety Management System in accordance with the international standard ISO 45001:2018

Management & Product Certifications

• Qualicoat certification for powder coating
• GSB International certification for powder coating quality
• Qualanod certification for anodizing process quality
• QB Certification for thermal insulated aluminium profiles
• Qualideco
• In-house Testing Center in collaboration with ift Rosenheim

Management & Product Certifications

• Energy Management Systems in accordance with ELOT EN ISO 50001:2018 (certified by TÜV HELLAS)
• Environmental Management System in accordance with ELOT EN ISO 14001:2015 (certified by TÜV NORD CERT)
• OK Recycled (TÜV AUSTRIA)
• Cradle to Cradle Certified® Silver
• Environmental Product Declaration (EPD)
• Life Cycle Assessment

Energy Performance

High energy performance through advanced thermal insulation aluminum systems and shading systems.

Renewable energy solutions through the integration of photovoltaic systems into building elements.

Ensuring easy & safe access with concealed or low tracks

High level of security and protection from break-ins and burglaries.

High Aesthetics

High aesthetics in line with the latest architectural trends.

Weather Protection

High level of safety and protection from fire, smoke, earthquakes, and severe weather conditions.

Business Model

Large-scale projects

Retail (residences, luxury villas, small businesses)

Industries

Target Groups

Investors Contractors Architects Consultants Aluminium Fabricators Individuals

Value Chain

Value Chain

From recycled aluminium to global architectural excellence. Our vertically integrated structure ensures high quality, innovation and services at every step, in a sustainable way.

Empowered by our people. Driven by circular economy.

High Flexibility in LSPs

High Flexibility

Our operational structure allows us to approach each project with a tailored mindset, ensuring optimal results based on regional specificities and partner needs.

Through a flexible & modular project management, we dynamically adjust our supply chain in key areas :

• Frames fabrication
• Glass fabrication
• Glazing process

Profiles & accessories production Engineering support Installation

This adaptability ensures seamless coordination across multiple countries and continents.

High Flexibility

Thanks to our infrastructure and our global network of aluminium fabricators and suppliers, we can mobilize products and services from and to any part of the world.

Whether we are delivering aluminium profiles from our factory in Greece, sourcing glazing from Central Europe, or partnering with certified fabricators in Asia, we always focus on:

Efficient Supply Chain Management

Quality of execution

This flexibility enhances our performance and enables us to participate in major international projects.

High Flexibility

Strategy & Growth Pillars

Maintain a leading position in the markets we operate in, by developing and producing aluminium systems for architectural applications sustainably through:

Market expansion through geographical diversification and strategic partnerships

Customer centric approach by providing exceptional service and support

Diversification through product portfolio

Profitability increase, combined with efficiency increase of subsidiaries

Growth Pillars in Greece

• We integrate A.I. technologies, increase production capacity and add specialized production lines
• We introduce robotics into production and distribution processes
• We fully automate our warehouses for products and accessories, enhancing logistics and service

• Aluminium profile production from thirdparty extruders in other countries
• Lower production costs, fast deliveries, no customs delays

Partners in:

• Dubai
• Saudi Arabia
• Oman
• Kenya
• Thailand
• Turkey
  • Egypt
  • India

Growth Pillars

India

Emerging as the Group's hub for Asia

Joint Venture for new extrusion plant & Service Center in India

Growth Pillars

Growth Pillars

Egypt

Production hub for Africa and Europe – new press at our Egypt factory

Kenya

Service Center for Eastern Africa

Growth Pillars

USA

Supply of units from Greece, the Balkans, and international partners

Support provided by ALUMIL Fabrication in New York and ALUMIL USA in Austin Texas

USA & Canada

Partnerships with major aluminium window and door manufacturers

U.S.A. Supply Chain Strategy

U.S.A. Supply Chain Strategy

We remain agile and fully committed to serving the U.S. market, even amid the complex trade environment.

Our adaptability is reflected in a wellstructured, forward-thinking approach based on four strategic pathways.

U.S.A. Supply Chain Strategy

• Supplying ALUMIL systems to certified fabricators within the U.S., enabling local manufacturing.
• Exporting fully assembled aluminium frames directly from ALUMIL, ensuring complete quality control and streamlined delivery.
• Delivering ready-to-install aluminium products through our global network of trusted fabricators.
• Localized production through partnerships with America-based extrusion companies, reducing lead times and avoiding potential import tariffs.

ESG Commitment

Commitment to Green Aluminium

ESG Goals 2030

Society

• Employee training in sustainability, safety, and technology.
• Strengthening of social programs and inclusion/diversity efforts.
• Zero-accident target through safety standards.
• Partnerships with people with disabilities, foundations, and academic institutions for innovation.

Governance

• Enhancing transparency and ethics through new compliance policies.
• Implementation of ESG data systems for indicator monitoring.

Environment

• CO₂ emissions reduction: -55% for the parent company (based on 2022), -30% for the Group (based on 2024).
• Photovoltaic systems in Albania & Serbia (starting in 2025).
• Increase of recycled aluminium content (above Loop 60).
• 25% of the new vehicle fleet to be electric/plug-in hybrid

ESG Achievements 2024

Recognition of Group practices through inclusion in the ATHEX ESG Index

CO₂ Emissions Reduction: 7% reduction in direct emissions and 16.7% reduction in indirect emissions in 2024 compared to 2023.

Water Reuse Efficiency: 58.7% of water used by the Parent Company recycled and reused during operations

Key CSR Partnerships: Collaborations with Médecins du Monde, the Galilee Palliative Care Centre and The Smile of the Child

Advanced ESG Data Management: Reinforcing transparency and traceability in ESG performance

Financial Indicators

Sales & EBITDA Evolution

Group sales grew by 89% over five years, while EBITDA increased by 102%.

The years 2021 to 2023 were impacted by significant aluminum price fluctuations.

Income Statement

Profitability increase in 2024 is not only due to price stabilization, compared to 2023, but also driven by higher sales volumes

	2024	2023	Variance
Turnover	455	403	13%
Gross Profit	120	91	33%
Gross Profit Margin	26%	22%
EBIT	35	18	89%
EBIT Marqin	8%	5%
EBITDA	50	32	58%
EBITDA Marqin	11%	8%
EBT	22	б	257%
EBT Margin	5%	2%
EAT	19	ব	394%
EAT Margin	4%	1%
EPS	0,455	0,0518

Balance Sheet

	2024	2023
Fixed Assets	208	142
Other NC Assets	ਹ ਤ	15
Non Current Assets	223	157
Inventories	116	108
Receivables	119	88
Cash & Cash Equivalents	18	16
Other Current Assets	13	14
Current Assets	265	226
Total Assets	487	383
Bank Loans	155	152
Liabilities from Leases	10	10
Payables	100	75
Other Liabilities	52	42
Total Liabilities	317	279
Equity	170	104
Equity + Liabilities	487	383

Key Ratios	2024	2023
Total Debt	165	162
Cash & Cash Equivalents	18	16
Net Debt	147	145
Net Debt / EBITDA	2,93	4,56
Net Debt / Sales	0,32	0,36
Net Debt / Equity	0,87	1,39
Operating WC	134	121
OWC / Sales	29%	30%

In 2024 the group reassessed its Land & Buildings at fair value, resulting in a significant increase in both assets and equity.

Net Debt / EBITDA declined further up to 2,9x

Operating working capital remained stable as a percentage of sales.

Working Capital

Focus on minimizing Cash Conversion Cycle days.

DSO increased due to higher sales of products that have higher margins but longer payment terms.

Effective inventory management reduced DIO.

Negotiated extended payment terms, boosting DPO.

Net Debt

The group reduced the Net Debt/EBITDA ratio by 54%, from 6.41 in 2020 to 2.93 in 2024.

The Sales increased by 89% from 2020 while Net Debt decreased by 8%

2024 Cash Flow

Stock Price History (2018-2025)

Share price has increased by over 500% compared to 2020 levels

Financial Performance H1 2025

H1 2025 Financial Review

Turnover increased by 16% and EBITDA by 15% in H1 2025, in line with our long-term growth strategy

Income Statement

Operating Profit up 17% and Earnings After Tax up 72%, highlighting our focus for Value Creation

	2025 H1	2024 H1	Variance
Turnover	749	215	16%
Gross Profit	64	58	11%
Gross Profit Margin	25%	27%
EBIT	22	19	17%
EBIT Marqin	9%	9%
EBITDA	30	26	15%
EBITDA Marqin	12%	12%
EBT	17	12	44%
EBT Margin	7%	6%
EAT	16	0	72%
EAT Margin	6%	4%
EPS	0,2695	0,2038

Balance Sheet

	30/6/2025	31/12/2024
Fixed Assets	207	208
Other NC Assets	18	14
Non Current Assets	224	222
Inventories	120	116
Receivables	137	119
Cash & Cash Equivalents	20	18
Other Current Assets	16	14
Current Assets	292	266
Total Assets	516	487
Bank Loans	157	155
Liabilities from Leases	11	10
Payables	104	100
Other Liabilities	65	52
Total Liabilities	337	317
Equity	179	170
Equity + Liabilities	516	487

Key Ratios	30/6/2025	31/12/2024
Total Debt	168	165
Cash & Cash Equivalents	20	18
Net Debt	148	147
Net Debt / Equity	0,83	0,87

Seasonality led to higher Working Capital, aligned with the company's operating cycle

H1 2025 Cash Flow

Cash flow remained strong, while supporting the Investment program

Our Global Presence

Vancouver House

Vancouver, Canada

1550 Alberni Vancouver, Canada

The Crown Sydney, Australia

Desert Rock Resort Saudi Arabia

The Butterfly Vancouver, Canada

W Hotel Dubai, UAE

The Element Athens, Greece

Event Center Ayia Napa, Cyprus

Ring Tower Sofia, Bulgaria

Google Headquarters New York, USA

The Wave Athens, Greece

Regnum Sky Tower Ankara, Turkey

Ncaved House

Serifos, Greece