Cy4Gate Investor Access Event 2025

October 7, 2025

AGENDA

➢ Cy4Gate at a Glance
➢ Addressable Markets
➢ Strategy & Outlook
➢ H1 2025 Financial Results
➢ Sustainability

EMANUELE GALTIERI ALESSIA PISONI

CEO & General Manager

Head of Group FP&A & Investor Relator

Cy4Gate at a Glance

360° CYBER VENDOR

Robust technology engine with proprietary solutions

UNIQUE POSITIONING

Unique positioning in the cyber space with presence in all the 3 market segments

TAILORMADE SOLUTIONS

Tailormade proprietary solutions to suit customer needs

GLOBAL PRESENCE Extensive coverage of the domestic and foreign markets

HUGE TARGET ADDRESSABLE MARKET

Governments – Big Corporation & SME in the cyberintelligence and cybersecurity markets

TALENT AND PEOPLE "AT THE CORE" Investments in human capital and talent development

PARTNERSHIP & M&A GROWTH

Expand our business through excellent partnership and M&A activity

LISTED ON THE STAR MARKET

Listed since June 2023 on the STAR Market of the Italian Stock Exchange

+10 Years of Growth

Group & Shareholders

Enrico Peruzzi CHAIRMAN

Arianna Ciccolella CFO

Board of Directors

Strategic and M&A Committee

Addressable Markets

Portfolio overview

CYBER INTELLIGENCE CYBER SECURITY

Cyber Intelligence products and services collect and analyze information available online and generated through the use of digital and electronic devices

Decision Intelligence

QUIPO is a Decision Intelligence platform, based on artificial intelligence technology, able to mix and match several data sources, analytical capabilities, visualization functions in order to offer a better prediction for timely and effective reaction to events and boosting the decision making processes.

Forensic Intelligence Support law enforcement and int. agencies providing customizable and easy-to-use forensic intelligence & data analysis solution covering virtually any type of telecom network and electronic communications services.

Cyber security solutions and services protect clients' information systems, enabling the detection of anomalies and generating response actions

Cyber Threat Hunting, leverages behavioural AI and a proactive approach to threat detection, including security automation skills (SOAR).
Cyber Range and Hybrid Digital Twin for cyber training, prototyping, testing and validation.
XTN Cognitive Security enhanced behavioural analysis based on biometrics analytica enabling app protection, fraud management and smart auth.

Cybersecurity Products

Pool of strong High-value Cyber Security services covering the following topics:

Cyber Assessment Services
Incident Response Services
Security Consulting Services
Security Implementation Services
Training Services
Education & Awareness

Cybersecurity Services

Cyber Intelligence

Source: Markets & Markets; industry reports and expert interviews

Double digit growth 11

Cyber Security

Cyber security solutions protect clients' information systems, enabling the detection of anomalies and generating response actions

Cybersecurity Products

Global Cybersecurity Products¹ Market

Enduring growth 1. Includes Security Operations products such as SIEM, SOAR, UEBA, Threat Intelligence and related products

Includes Penetration testing, Vulnerability management and related services

Source: IDC, industry reports and expert interviews

Our growth Strategy: Actions

2025-2026

Defence

Security & Law Enforcement

Deepen relationships with Italian prime contractors (ELT among others) to secure long-term, high-value programs
Participate in international consortia to capture significant opportunities arising from newly established EU Defence Funds
Capture EU and NATO-related funds (NATO, EDA, ESA) to fuel R&D and enhance technological edge
Consolidate domestic market position through proprietary product evolution in cyber and decision intelligence
Expand presence in stable European regions, with Spain as a strategic "second home market" after Italy
Ensure recurring growth through long-term contracts with law enforcement agencies
Explore synergistic M&A to strengthen positioning in security and intelligence markets
Strengthen Italian market leadership by leveraging brand recognition, dedicated salesforce, and established channels to accelerate pipeline conversion
Expand into new European geographies, mainly through partnerships and channels
Actively scout for strategic M&A opportunities to broaden technology and market footprint

Our growth Strategy: Market

Cy4Gate Group portfolio – cyber intelligence & cyber security products - perfectly fits with the following 3 fast growing markets, both in Italy and abroad:

Defence

Security & Law Enforcement

Corporate

Rising internal/external threats and network-centric military modernization driving strong demand
Global defence cyber market forecasted to grow from \$750B (2022) to \$1.35T (2030), CAGR 8%
Additional momentum from the EU's "Readiness 2030" plan
Digital crime via connected devices is the #1 challenge for LEAs globally
Market growing at ~9% CAGR to 2028, with strong demand for case management, digital forensics, and AI-enabled investigations
Digital transformation market expanding at ~20% CAGR through 2027, creating sustained double-digit growth opportunities
- Cybersecurity adoption among SMEs remains underpenetrated, despite being primary targets of largescale cyberattacks.

Portfolio fit:

Decision Intelligence & AI (Quipo) for C2 platforms
▪Cyber security products and services bundle (RTA, Diateam, CTI, customization services)
Decision Intelligence & AI (Quipo & Mito) for data gathering and correlation ▪Forensic Intelligence suite
Decision Intelligence & AI (Quipo)
Cyber security products and services bundle (RTA, Diateam, CTI, XTN, Services) for a 360° capabilities coverage

Outlook 2025

H1 2025 Highlights

The result of the first half of 2025 confirms its positive trend and consolidates its position in the sector. As of September 11, 2025, Orders acquired amounts to €68 million and Total Backlog stands at €76.6 million.

The Value of Production compared to the first half of 2025 grows by 30% thanks to the forensic intelligence and Decision Intelligence business lines. Defence and Corporate sector will increase their contribution on business. EBITDA stands at €3.5 million (+47% vs LY) with a profitability up to 8.6% (+1.0 pp vs LY). Net Financial Position improving by approximately 2.5 million.

The Group continues to pursue its strategy to deseasonalize the business, also thanks to the creation of an important backlog with the closing of significant contracts in terms of amount and profitability, with multi-year duration. Guidance 2025 confirmed in the range of €84-87 million

H1 2025 Economic Key Data

Revenues equal to € 40.6 million, + 30% compared to 30 June 2024 (€ 31.1 million), mainly driven by the excellent performance of the Forensic Intelligence and Decision intelligence segments.
EBITDA at € 3.5 million (+47.4% YoY) with an EBITDA margin equal to 8.6% (+1.0 pp vs LY)
Net Loss equal to € 8.7 million, improved by 0,6 compared to H1 2024 Loss (€ 9.3 million)
R&D CapEx Costs -34% vs H1 2024 due to a portion of R&D investments expensed in P&L
Including other operating revenues

19 2. EBITDA: calculated by adjusting the result for the year to exclude the effect of taxes, net financial income (expenses), depreciation, amortisation, write-downs and value adjustments of financial assets, as well as charges deemed by the Group to be non-recurring and extraordinary, mainly related to M&A activities; EBITDA Margin equal to 8.6% vs 7.6% in H1 2024 (+1.0 pp) H1 2024 Restated for PPA of XTN

H1 2025 Revenues Breakdown

By business line By geographical area

H1 2025 People Investment

Total personnel decreased in the first half of 2025 by a total of 4 resources:

-3 resources in engineering
-1 resources in commercial & staff

H1 2025 Financial Key Data

Fixed Assets decreasing due to lower capitalized investments
Net Working Capital reduction due to the positive collections and payments dynamics over the time
Net Financial Position improvement of €2.5 million mainly thanks to the positive cash generation
Equity decreasing mainly due to the negative Net Result

Sustainability

Our committment for a greater sustainability

UN Global Compact & SDGs

By joining the United Nations Global Compact, CY4GATE shares, supports and applies the fundamental Ten Principles of the Global Compact in its sphere of influence and actively contributes to the achievement of the United Nations Sustainable Development Goals.

CY4GATE has included in 2025- 2029 business plan actions for greater sustainability structured around CSRD and taxonomy.

And, we will contribute to the achievement of the following 7 of the 17 goals of the 2030 Agenda for Sustainable Development.

To ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Goal 7 & 12 Goal 16 Goal 5

To ensure sustainable production and consumption patterns

To promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Relating to Peace, justice and strong institutions. Defence is a crucial component of security, and security constitutes the prerequisite for peace, prosperity, international

cooperation, economic and social development.

To build resilient infrastructure, and to promote inclusive and sustainable industrialization and foster innovation

25 To achieve gender equality and empower all women and girls, for operational efficiency and social inclusiveness, actively promoting the implementation of the Women Empowerment Principles.

ESG – Environmental, Social, Governance

Climate positive actions ▪ 100 trees planted to reduce 17 tons of Co2 ▪ GHG emissions intensity (Scope 1 and 2) 20.93 tCO₂/€ million* ▪ Energy consumption MWh 1,775.69 ▪ Always looking to improve energy efficiency and we joined the project «M'illumino di meno» Employees and community ▪ 98.4% of employees have permanent contracts ▪ Health Plan Regulation to all permanent employees and specific rules to enhance smart working ▪ Support to non-profit association In&Aut (Inclusion and Autism) and participation in charity events ▪ Completed the Gender Certification Process PdR 125:2022 in the largest company of the Group Robust governance and responsible business conduct ▪ Double materiality assessment Anti corruption policy & Code of Ethics ▪ Confidential and GDPR compliance ▪ ESG-ES Rating Ethifinance 82/100 above the average of the 264 companies assessed in IT sector

▪ AGCM legality rating by the Italian Competition Authority with 3 stars, the maximum achievable

Headquarter

Via Coponia, 8 00131 Rome - Italy

Investor Relations Officer Alessia Pisoni [email protected]

Investor Relations Advisor CDR Communication [email protected] [email protected]

AI Terminal

CY4GATE S.p.A.

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