El.En. — Investor Presentation 2024

Nov 15, 2024

COMPANY PRESENTATION

Conference Call 9M 2024 Financial results

Nov. 15th , 2024

DISCLAIMER ²

Certain statements in this slide show, including those addressing the Company's beliefs, plans, objectives, estimates or expectations of possible future results or events, are forward-looking statements. Forward-looking statements involve known or unknown risks, including general economic and business conditions, and conditions in the industry we operate and may be affected should our assumptions turn out to be inaccurate. Consequently, no forward-looking statement can be guaranteed and actual future results, performance, or achievements may vary materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation about the contents nor to update the forward-looking statements to reflect events or circumstances that may arise after the date hereof.

HIGHLIGHTS – 9M 2024 ³

Euro '000
P&L	30/09/23	%	30/09/24	%	Var.%
	unaudited		unaudited
Revenues	493.011		466.225		-5,4%
EBIT	51.778	10,5%	50.881	10,9%	-1,7%
Revenues	30/09/23	%	30/09/24	%	Var.%
Medical	287.954	58,4%	294.013	63,1%	2,1%
Industrial	205.057	41,6%	172.212	36,9%	-16,0%

INCOME STATEMENT – 9M 2024 ⁴

'000 Euro	30/09/23	%	30/09/24	%	% Var
	unaudited		unaudited
Medical	287 954	58 4% ,	294 013	63 1% ,	2 1% ,
Industrial	205 057	41 6% ,	172 212	36 9% ,	-16 0% ,
Revenues	493 011	100 0% ,	466 225	100 0% ,	4% 5 - ,
margin Gross	187 211	38 0% ,	190 282	40 8% ,	1 6% ,
Operating Expenses	44 393	9 0% ,	45 167	9 7% ,	1 7% ,
Staff espenses	80 938	16 4% ,	83 123	17 8% ,	2 7% ,
EBITDA	61 880	12 6% ,	61 992	13 3% ,	0 2% ,
accruals Depr amort ., .,	10 102	2 0% ,	11 111	2 4% ,	10 0% ,
EBIT	51 778	10 5% ,	50 881	10 9% ,	1 7% - ,
income(charges) financ Net	(866)	0 2% - ,	(1 621)	0 3% - ,	87 2% ,
(expense) Other income net	(42)	0 0% ,	4 551	1 0% ,
EBT	50 870	10 3% ,	53 810	11 5% ,	8% 5 ,
	31/12/23		30/09/24 unaudited
financial position Net	54 586		73 872

5

INCOME STATEMENT – Q3 2024

'000 Euro	Q3 2023 -	%	Q3 2024 -	%	% Var
	unaudited		unaudited
Revenues	147 386	100 0% ,	153 263	100 0% ,	0% 4 ,
margin Gross	55 738	8% 37 ,	61 476	1% 40 ,	3% 10 ,
Operating Expenses	13 772	3% 9 ,	13 773	0% 9 ,	0% 0 ,
Staff espenses	25 741	17 5% ,	27 103	17 7% ,	3% 5 ,
EBITDA	16 226	0% 11 ,	20 601	13 4% ,	27 0% ,
accruals Depr amort ., .,	3 322	3% 2 ,	3 900	5% 2 ,	4% 17 ,
EBIT	12 903	8 8% ,	16 700	10 9% ,	29 4% ,
income(charges) financ Net	162	0 1% ,	(1 153)	0 8% - ,
Other (expense) income net	(38)	0% 0 ,	(234)	2% 0 - ,	8% 522 ,
EBT	13 028	8 8% ,	15 313	10 0% ,	17 5% ,

Cash Flow – 9M 2024 ⁶

**D&A= Depreciation, Accruals and Devaluation

***NWC= Net Working Capital

Revenue Breakdown by Business ⁷

Revenue Breakdown by Area ⁸

2024 Guidance ⁹

EBIT 2024 > EBIT 2023

CONTACTS

El.En. S.P.A. Enrico Romagnoli Investor Relations Manager tel. +39 055-8826807 E-mail: finance@elen.it

POLYTEMS HIR

Financial Communication, IR and Press Office Bianca Fersini Mastelloni - b.fersini@polytemshir.it Silvia Marongiu - s.marongiu@polytemshir.it Tel. +39 06-69923324