Cembre

Investor Presentation • Sep 17, 2025

Investor presentation Results of First Half 2025

CONTENTS

CEMBRE | Investor relations 2

CEMBRE at a glance Group team Main product lines & applications Results of First Half 2025 Stock data & shareholding structure

Contact

CEMBRE AT A GLANCE

• CEMBRE is Europe's leading manufacturer of electrical crimp type
• connectors and related installation tools. The Group has grown its revenues by a CAGR of 6.5% in the last 20 years, from 65.1 M€ in 2004 to 229.7 M€ in 2024. In the last 5 years the Group has grown by a CAGR of 9.4% from 146.3 M€ in 2019 to 229.7 M€ in 2024. It is a dividend payer with a 20 years average dividend payout ratio of 51.9%, and an average dividend yield of 3.8% (2005-2024). The average dividend yield in the last 5 years has been of 4.4% (2020-2024). In 2024, the Group invested 29.5 M€; the total amount of investments made by the company in the last five years (2020-2024) is 73.3 M€; at December 31, 2023 investments amounted to 14.6 M€.
• The product mix (a total of around 18K end products sold during 2024) is offered to around 5K single clients around the world, with 10-biggest clients' purchases corresponding to approximately 23.2% of the consolidated turnover.

CEMBRE cooperates with the users of its products to search the best technical and economical solutions related to electrical connection applications 2021/02 CEMBRE | Investor relations ⁴

GROUP STRUCTURE

The Group employs 930 employees worldwide

HUMAN RESOURCES (Number of employees by segment, at June 30, 2025)

R&D •30

Manufacturing & logistics •530

Sales & Marketing •262

Administration & services •108

CEMBRE has extensive knowhow in its operating field and its strong R&D team allows it to respond quickly to market demands. Sharp focus on customer needs and the efficient international

sales network (153 salesmen) are significant competitive advantages for CEMBRE.

CEMBRE is Europe's leading manufacturer of electrical crimp type connectors and related installation tools

APPLICATIONS: RAILWAY

18,162 different products sold in one year*

4.8 Millions electrical connectors sold by CEMBRE Group on average each working day*

21,893 different products ready for immediate delivery*

NUMBERS

*12/2024

CEMBRE | Investor relations 10

MADE IN BRESCIA

m2 land. local market.

2025.

VERY STRONG IN EUROPE

assistance.

Main importers

Group companies

… PRESENT ALL OVER THE WORD

CEMBRE has a network of importers and agents who provide technical and commercial assistance and rapid delivery worldwide

1st Half 2025

REVENUES BREAKDOWN before commercial rebates by product family (€'000)

1st Half 2024

Others	Electrical	Tools	Railway	Marking	Cable	Others
	connectors		Products	Systems	Glands

Electrical connectors	Tools Railway Products	Marking Cable Systems Glands	Others	Electrical connectors	Tools	Railway Marking Products Systems	Cable Others Glands
	Electr. connectors	Tools	Railway products	Marking systems	Cable glands	Others	Total
st 1 Half	60,454	17,436	16,244	27,308	10,262	4,447	136,151
2025	44.40%	12.81%	11.93%	20.06%	7.54%	3.27%	100%
st 1 Half	57,782	17,387	14,213	25,980	9,666	4,016	129,044
2024	44.78%	13.47%	11.01%	20.13%	7.49%	3.11%	100%
Change	4.62%	0.28%	14.29%	5.11%	6.17%	10.73%	5.51%
2025/06			CEMBRE Investor relations				15

GEOGRAPHICAL REVENUES BREAKDOWN

				GEOGRAPHICAL REVENUES BREAKDOWN
			Italy	1st Half 2025	1st Half 2024	Change %
			Sales	53.0 mln	54.7 mln	(3.2%)
			% on total	42.6%	45.8%
Europe	st
(Italy excluded)	1 Half 2025	1st Half 2024	Change %
Sales	59.3 Mln	53.5 Mln	10.8%
% on total	47.7%	44.8%
			Rest of the World	1st Half 2025	1st Half 2024	Change %
			Sales	12.0 Mln	11.3 Mln	6.4%
			% on total	9.7%	9.4%

CONSOLIDATED RESULTS OF THE FIRST HALF OF 2025

		CONSOLIDATED RESULTS OF THE FIRST HALF OF 2025
€ Millions	1ST Half 2025	1st Half 2024	Change %	1st Half 2023
Sales	124.3	119.5	4.0%	117.6
EBITDA % of sales	38.5 31.0%	34.9 29.2%	10.4%	38.6 32.9%
EBIT % of sales	31.5 25.4%	28.4 23.7%	11.3%	32.4 27.6%
EBT % of sales	31.3 25.1%	28.6 23.9%	9.5%	32.5 27.6%
Net profit % of sales	22.6 18.2%	20.8 17.4%	8.6%	23.9 20.3%
Tax rate %	27.6%	27.1%		26.4%

GROUP'S COMPANIES TURNOVER* OF THE FIRST HALF OF 2025

	GROUP'S COMPANIES TURNOVER* OF THE FIRST HALF OF 2025
Company (Euro thousands)	st 1 Half 2025	st 1 Half 2024	Change %	st 1 Half 2023
CEMBRE S.p.A. (Italy)	63,795	66,716	(4.4%)	64.251
CEMBRE Ltd, (UK)	16,904	14,171	19.3%	13.412
CEMBRE S.a.r.l. (France)	8,450	8,040	5.1%	7.475
CEMBRE S.L.U. (Spain)	12,859	11,470	12.1%	11.318
CEMBRE GmbH (Germany)	12,239	11,591	5.6%	13.519
CEMBRE Inc. (USA)	7,852	7,525	4.3%	7.667
CEMBRE BV. (Netherlands) **	1,625	n.a.	n.a.	n.a.
CEMBRE EL.CON.LIM. (China) **	544	n.a.	n.a.	n.a.
CEMBRE Group	124,268	119,513	4.0%	117.642
* net of intragroup sales ** operating company in 2025

JUNE 30, 2025 CONSOLIDATED BALANCE SHEET

	JUNE 30, 2025 CONSOLIDATED BALANCE SHEET
	€ Millions	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2023
a	Net operating working capital	103.2	90.4	90.5
	% of sales	44.9%	40.5%	42.0%
b	Net fixed assets	131.6	114.5	106.2
c	Assets available for sales	-	-	-
d	Employees' severance indemnities	1.6	1.7	1.7
e	Provisions for risks and charges	0.4	0.2	0.7
f	Deferred taxes	(0.3)	0.3	(0.2)
	Net invested capital (a+b+c-d-e+f)	232.5	203.3	194.1
g	Equity	209.0	197.1	188.9
h	Net financial position	23.8	6.2	5.2
	Total sources (g+h)	232.8	203.3	194.1

REVENUES EVOLUTION

CEMBRE'S REVENUES AND PROFITABILITY TREND (€ '000)

Ebitda (valore e margine % sulle vendite)

CEMBRE'S REVENUES AND PROFITABILITY TREND (€ '000)

Ebit (valore e margine % sulle vendite)

CEMBRE'S REVENUES AND PROFITABILITY TREND (€ '000)

23,13%

18,11%

21,25%

16,26%

25,90%

22,01%

26,06%

29,90%

21,49%

INDEX ANALYSIS

ROE (Net profit/Equity) ROS (EBIT/Net Sales)

INVESTMENTS TREND

€ '000								2008 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2022 2024
Investments in tangible ossets 4,064 4,815 3,863 1,6,12,59 6,534 7,064 1,732 17,775 10,699 7,181 8,072 11,534 13,162 28,78
Investments in intongible asses 544 82 597 573 47 601 569 1.01 89 1.057 793 919 750 1,07 341
Total investments								4,608 4,997 4,032 1,6,01 3,188 7,135 7,633 12,833 8,466 1,666 7,974 8,99 12,284 4,569 9,519

2025 AND ONWARDS

• Business development thanks to: ^A strengthening of CEMBRE competitive advantage by developing new products and continuous product range renewing by an intense R&D activity Improvement of the distributor channel in foreign countries An higher penetration in the foreign markets, especially in the US and A commercial commitment focus on high growing potential products Cost management by a better operative efficiency obtained from economies of scale and process innovations; Enforcing the manufacturing structure by investing in high-tech, highlyautomated machinery.
  -

  - Germany

2025 AND ONWARDS

The automated warehouse, located in a 4,800 m2 industrial building built in 2012, has been operating from January, 2013.

2025 AND ONWARDS

Future facilities for the production of electrical connectors

Automated warehouse

Connectors" at the Cembre SpA headquarters was approved for a maximum investment of €42 million, which provides for non-repayable contributions for a maximum of €4.9 million.

In January 2023, the project to expand the

production capacity of "Electrical

2025 E OLTRE

In 2023, work began on the construction of two new industrial buildings for a total of 15,000 m² .

STOCK DATA & SHAREHOLDING STRUCTURE

Cembre FTSE Italia Star data updated at September 3, 2025

Cembre has been listed since December 1997, and is a part of the Star Index since September 2001. Shareholders Share

STOCK DATA & SHAREHOLDING STRUCTURE 2001.
Shareholders	Share
LYSNE Spa	51.57%
Sara Rosani	8.65%
Giovanni Rosani	8.53%
Anna Maria Onofri	0.70%
Others	30.55%

												2001.
	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Dividend per share (€)	0.10	0.15	0.22	0.26	0.16	0.12	0.26	0.16	0.16	0.26	0.36	0.46	0.70	0.80	0.90	0.90	0.90	1.20	1.40	1.80	1.88
Payout Ratio1	41%	39%	40%	37%	25%	30%	39%	24%	24%	42%	45%	49%	70%	59%	66%	69%	79%	79%	74%	74%	74%
Dividend Yield2	3.3%	3.2%	3.6%	4.2%	4.8%	2.6%	4.2%	2.9%	2.5%	2.9%	3.5%	3.3%	5.0%	3.7%	4.4%	4.8%3	4.8%	3.5%	4.5%	4.8%	4.5%
1 Using consolidated	profit			2			Using the year-end share price
2025/06										CEMBRE Investor relations										30

SHARE PRICE EVOLUTION

Total return* 2005-2025 +14.5% CAGR

Performance** 2005-2025 +13.8% CAGR * Total Return is the average 'Share return' growth in the period ** Performance is the average 'Share price' growth in the period

dividends 0.35 0.50 0.72 0.98 1.14 1.26 1.52 1.68 1.84 2.10 2.46 2.92 3.62 4.42 5.32 6.22 7.12 8.32 9.72 11.52 13.40 Share return (A+B) 5.10 6.62 6.97 4.28 5.80 7.51 6.97 8.02 10.83 12.31 16.36 16.82 25.22 24.67 29.32 25.07 41.32 39.02 46.92 53.20 76.4 Price quota 93.1% 92.4% 89.7% 77.1% 80.3% 83.2% 78.2% 79.1% 83.0% 82.9% 85.0% 82.6% 85.6% 82.1% 81.9% 75.2% 82.8% 78.7% 79.3% 78.4% 82.5% Dividend quota 6.9% 7.6% 10.3% 22.9% 19.7% 16.8% 21.8% 20.9% 17.0% 17.1% 15.0% 17.4% 14.4% 17.9% 18.1% 24.8% 17.2% 21.3% 20.8% 21.7% 17.5% ¹ at the end of the year ² at September 1st, 2025

Via Serenissima 9 • 25135 Brescia (BS) ITALY The manager responsible for preparing the Company's financial reports, Claudio Bornati, declares, pursuant to paragraph 2 of Article 154 bis of the Consolidated Law on Finance, that the accounting information contained in this presentation corresponds to the document results, books and accounting records.

Claudio Bornati

CFO & IR

ph. +39 030 36921 claudio.bornati@cembre.com cembre.com