CY4GATE S.p.A.

Investor Presentation • May 20, 2025

Cy4Gate Northern MidCap Event 2025

May 21, 2025

AGENDA

• ➢ Cy4Gate at a Glance
• ➢ Addressable Markets
• ➢ Strategy & Outlook
• ➢ Q1 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

Domitilla Benigni CHAIRMAN

Emanuele Galtieri CEO & General Manager

Arianna Ciccolella CFO

Board of Directors

Paolo Izzo Member

Strategic and M&A Committee

Alessandra Bucci Independent Member

Member

Sangiovanni Vincentelli

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

12

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

1. Includes Penetration testing, Vulnerability management and related services

Source: IDC, industry reports and expert interviews

Our growth Strategy: Actions

2025-2026

• Consolidate our relationships with ELT by working to acquire orders in a thriving business
• Take part to international consortia or JVs for pluriannual defence programs
• Capture EU funds (NATO, EDA, ESA) for R&D in the cyber also through industrial partnership
• Continue scouting for M&A opportunitiesin cybersecurity sector
• Further strengthen the company in the domestic market by focusing on proprietary products for telematics
• Progressively gain relevant shares and presence in the more stable European region
• Ensure stable growth in the Spanish market leveraging on our pluriannual presence in the Country , to maintain and develop Cy4 second domestic market for revenues after Italy.
• Continue scouting for M&A opportunities in cybersecurity sector
• Increase Italian Market position leaveraging an already created brand awarness, dedicated sales force and channels to expand pipline and its conversion rate
• Expand business to new geographies in E.U. mainly in Western Europe, partnering with foreign channels and fostering development of an international sales team
• Continue scouting for M&A opportunities in cybersecurity sector

Defence

Security & Law Enforcement

Corporate

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

• Increasing internal and external security threats and undergoing military network-centric modernization;
• Market CAGR 8% predicted to grow to 1350B\$ in 2030 from 750B\$ (2022).
• Extra boost thanks to the new "Readiness 2030" Plan
• Digital crime via digital/electronic devices is LEAs biggest challenge; AI is a key enabler;
• Market is globally growing at 9% CAGR up to 2028;
• Need for cases management, track evidences, data gathering and correlation, creation of reports.
• Double digit growth for digital transformation market (around 20% CAGR to 2027);
• Cyber security market is underpenetrated in terms of for SMEs, targets of massive attacks.

Products involved

• 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

Q1 2025 Highlights

The results of the first quarter of 2025 confirm the soundness of the CY4Gate Group. It continues on its path of consolidation driven only by organic growth. 2025 As of March 31, 2025 New orders acquired amounts to €32.2 million, + 115% vs Q1 2024. As of May 12, 2025, Total Backlog stands at €73 million.

The Value of Production compared to the first quarter of 2025 grows by 11% thanks to the forensic intelligence and cybersecurity business lines. Defence sector, driven by the current conflict conditions, will continue to contribute significantly to institutional business. Profitability up significantly to 7.5% (+7.2 pp vs LY)

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 in the range of €84-87 million

Q1 2025 Economic Key Data

• Revenues amounted to € 16.3 million, + 11% compared to 31 March 2024 (€ 14.7 million), mainly driven by the excellent performance of the Forensic Intelligence and Cybersecurity segments.
• Sound profitability (7.5% on turnover; +7.2 pp vs LY) mainly thanks to top line growth
• Net Loss equal to € 5.3 million, slightly better compared to the Q1 2024 Loss (€ 5.5 million)

• R&D Costs approximately -8% vs Q1 2024

• 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 7.5% vs 0.3% in Q1 2024 (+7.2 pp)

Q1 2024 Restated for PPA of XTN

Q1 2025 Revenues Breakdown

By business line By geographical area

Q1 2025 People Investment

Total personnel increased in the first quarter of 2025 by a total of 5 resources:

• +3 resources in engineering
• +2 resources in commercial & staff

Q1 2025 Financial Key Data

• Fixed Assets decreasing due to lower investments (mainly intangible assets)
• Net Working Capital reduction due to the positive collections and payments dynamics over the time
• Net Financial Position improvement of €1.3 million mainly due to the positive cash generation, net of payments for investments
• Equity decreasing mainly due to the negative Net Result Q1 2025

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.

25

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 investors@cy4gate.com

Investor Relations Advisor CDR Communication silvia.dirosa@cdr-communication.it luca.gentili@cdr-communication.it