Bertolotti

Regulatory News Service • Nov 19, 2024

PRESS RELEASE

BERTOLOTTI:

A RAIL CONTRACT WORTH €4.9 MILLION SIGNED WITH ALSTOM TRANSPORT S.A. THAILAND

THE GROUP'S INTERNATIONAL CONSOLIDATION CONTINUES FOR THE SUPPLY OF LIFTING JACKS, SANDING SYSTEMS, BOGIE TURNTABLE, BOGIE DIMENSION, CHECK STAND AND OTHER LIFTING DEVICES FOR A VALUE OF ABOUT €4.900,000.00

The contract will provide for the supply of a traverser, dummy bogies, bogie drop systems and other lifting devices.

Figline and Incisa Valdarno (FI), 19/11/2024 - Bertolotti S.p.A. - Plants for the iron and steel industry and mining ("Bertolotti" or the "Company"), a company specializing in the creation of advanced systems for material handling and railway maintenance, listed on Euronext Growth Milan - Professional Segment, announces that it has signed a contract with Alstom Transport S.A. Thailand, for a value of approximately Euro 4,900,000.00, following a tender issued by the Department of Transportation of the Republic of the Philippines, with which the company Mitsubishi Corporation has been awarded a contract for the Malolos-Clark railway project and the North South Railway-South Line project, Bertolotti Rail S.r.l. has been selected among the suppliers of equipment for the railway maintenance depots.

The aforementioned contract will allow us to achieve a fundamental objective of Bertolotti's corporate strategy, namely consolidation of the Group's presence on international markets.

Luca Barneschi, Chairman of the Board of Directors and Chief Executive Officer of Bertolotti commented: "I am proud to announce that today we have formally concluded a strategic agreement that marks a milestone in our growth path. This contract strengthens our position in the market, in line with our objectives of innovation, sustainability and long-term success. We are excited to start this new phase of collaboration with Alstom Transport S.A. A special thanks goes to all our team for their tireless work and dedication to a shared successful future"

This achievement represents a clear example of value creation through the Group's consolidated assets, such as: excellent references from primary standing customers, structure and corporate philosophy, experience in the field of manufacturing equipment for maintenance depots, intellectual property and know-how to evaluate the project requirements and implement the solution best suited to the project and stand out from the competition for responsiveness and uniqueness.

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This press release is available on the Company's website at www.bertolottispa.com, in the Investor Relations section."

For the transmission and storage of regulated information, Bertolotti uses the "" circuit available at managed by Computershare S.p.A. with registered office in Via Lorenzo Mascheroni 19, Milan.

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Contacts

Investor relator

Luca Barneschi Località San Antonio SNC, 50063 Figline e Incisa Valdarno (FI) +39 055 8335441 investor-relations@bertolottispa.it l.barneschi@bertolottispa.it

The Company

Bertolotti S.p.A. is a Company specialized in the design and production of complex and cutting-edge systems for the handling of materials and the maintenance of rolling stock, mainly serving the steel and railway industries. The Company's operations are divided into three business lines: (i) Industries, focused on the design and construction of material handling systems and tools, which include AGVs (automated guided vehicles) and crains systems; (ii) Railway, focused on the design and construction of railway maintenance systems; (iii) Automation and Robotics, focused on the development of software and the creation of robotic systems through the use of Artificial Intelligence. In recent years, with the aim of expanding into the railway markets and successfully applying the technology developed in the steel sector, the Company has undertaken an internationalization process, expanding the commercial network in foreign markets, mainly in Europe and the United States.