Franchetti

Business and Financial Review • Dec 4, 2023

Franchetti S.p.A.: the value of the backlog as of 30 November 2023 exceeds Euro 32 million

Arzignano (VI), December 4, 2023 – Franchetti S.p.A. ("Franchetti" or the "Company" or the "Group", Ticker BIT: FCH), company listed on the Euronext Growth Milan segment of the Italian Stock Exchange and head of the multinational software development and engineering design group of the same name, pioneer in planning, diagnosis and therapy of interventions aimed at safety and predictive scheduling of maintenance activities on infrastructure network structures, in particular bridges and viaducts, communicates the update of the backlog¹ which, as of November 30, 2023, amounts to approximately Euro 32.6 million. In particular, the value of the backlog for Italy is equal to Euro 30.6 million while the value relating to Brazil is equal to Euro 1.9 million.

Paolo Franchetti, Chairman and CEO of Franchetti S.p.A., declared: "The infrastructure sector, and related maintenance, is experiencing a moment of strong expansion, driven in Italy also thanks to the funds allocated by the NRRP. This growth is reflected in our backlog which, to date, has exceeded the threshold of 30 million Euro. At a global level there is a need to control and maintain the existing infrastructure assets. Also for this reason our team, that is growing with the arrival of new talents, can count on a wealth of historical data and the experience gained in over 25 years of work, at the basis of which stands the desire to improve the infrastructure of our country. This desire represents still today the mission that we pursue with passion and dedication, and which allows us to build a Franchetti even more oriented and dedicated to professionally assisting our customers' needs."

This press release is available on https://www.franchetti.tech/en-gb/investorrelations#Pressandfiancialreleases and on .

1 The backlog includes orders with a signed contract.

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Franchetti S.p.A.

Franchetti S.p.A. heads the Franchetti Group, a pioneer in the field of management, diagnostics and predictive maintenance of infrastructures, bridges and viaducts in particular. Founded in 2013 in Arzignano (VI) with subsidiaries in Brazil and Canada, operations in the USA and in India, Franchetti is an innovative SME that has operated on over 40,000 equivalent motorway and railway bridges worldwide. The Group boasts a technical and scientific curriculum that places it among the leading international experts in the sector. The activity is divided into two main business lines: diagnosis and therapy services for infrastructure maintenance with inspections and assessments, intervention planning and construction management and ICT services for predictive programming of infrastructure maintenance. Franchetti has in fact developed two proprietary software that exploit the potential of artificial intelligence and predictive data analysis: Argan® which allows you to estimate the life cycle of the infrastructure and therefore automatically obtains the trend of the level of security over time in different scenarios and maintenance contexts and Pathwork© which allows for optimized management of road and motorway infrastructure construction sites and for sustainable mobility. With a workforce of 70 professionals, over 90% of whom have engineering degrees, the Group achieved a Value of Production of 2.9 million euros in 1H2023, of which 82% was generated in Italy and 18% in Brazil.

Contacts:

Issuer

Franchetti S.p.A. Investor Relations ir@franchetti.tech Tel. +39 0444 671443

Investor & Media Relations Advisors

Mara Di Giorgio Tel. +39 335 7737417 mara@twin.services

Federico Bagatella Tel. +39 331 8007258 federico@twin.services

Chiara Bortolato Tel. +39 347 8533894 chiara@twin.services

Euronext Growth Advisor & Specialist

Integrae Sim S.p.A. Tel: + 39 02 96 84 68 64 Piazza Castello, 24 – 20121 Milano