Interpump Group — AGM Information 2026

Apr 30, 2026

teleborsa

Informazione Regolamentata n. 0159-28-2026	Data/Ora Inizio Diffusione 30 Aprile 2026 14:06:17	Euronext Star Milan

Societa': INTERPUMP GROUP

Utenza - referente : INTERPUMPN01 - Poletti Giovanni

Tipologia : REGEM

Data/Ora Ricezione : 30 Aprile 2026 14:06:17

Oggetto : IP-AGM 2026 - 30 April 2026

Testo del comunicato

Vedi allegato

---

INTERPUMP GROUP

emarket

with storage

CERTIFIED

THE SHAREHOLDERS' MEETING OF INTERPUMP GROUP APPROVED:

THE 2025 STATUTORY FINANCIAL STATEMENTS

THE DISTRIBUTION OF A DIVIDEND OF EURO 0.35 PER SHARE

THE APPOINTMENT OF THE NEW CORPORATE BODIES

Fulvio Montipò was confirmed as Executive Chairman

AUTHORISATION GRANTED FOR THE PURCHASE AND DISPOSAL OF TREASURY SHARES

THE NEWLY APPOINTED BOARD OF DIRECTORS HAS:

confirmed Giovanni Tamburi as Deputy Chairman

confirmed Fabio Marasi as Chief Executive Officer

appointed the members of the Board Committees

confirmed Mauro Barani as Manager in charge of preparing the Company’s financial reports

Executive Chairman Fulvio Montipò:

“Interpump has once again demonstrated its extraordinary resilience and strength.

Diversification is a key to protection and stability: thanks to diversification, the Group has met its

2025 targets and achieved a record level of cash generation.

I would like to take this opportunity to welcome the new Board of Directors, which will operate in

the spirit of continuity of values and strategy.”

From the 2025 Consolidated Financial Statements:

Revenue: Euro 2,070.7 million, -0.4% overall and

-2.7% on a like-for-like basis compared to 2024

EBITDA: Euro 462.0 million, +1.2% compared to 2024, with a margin of 22.3%

(22.0% in the previous year)

Consolidated net profit: Euro 209.7 million, -8.2% compared to 2024

---

INTERPUMP GROUP

emarket
Fair Storage
CERTIFIED

Sant'Ilario d'Enza (RE), 30 April 2026 – The Shareholders’ Meeting of Interpump Group S.p.A., held today in ordinary and extraordinary session¹ under the chairmanship of Fulvio Montipò, in ordinary session², resolved as follows:

1. APPROVAL OF THE FINANCIAL STATEMENTS AS AT 31 DECEMBER 2025

In 2025, the Parent Company Interpump Group S.p.A. recorded revenues of Euro 117.5 million (Euro 115.5 million in 2024), with EBITDA of Euro 23.6 million (Euro 25.2 million in the previous year). Net profit amounted to Euro 124.7 million (Euro 101.3 million in 2024).

2. PRESENTATION OF THE CONSOLIDATED RESULTS FOR 2025

In 2025, net sales amounted to Euro 2,070.7 million, essentially in line (-0.4%) with Euro 2,078.4 million in the previous year (down 2.7% on a like-for-like basis³, with the decrease narrowing to 0.7% on an organic basis).

EBITDA for the year amounted to Euro 462.0 million, up 1.2% compared to Euro 456.2 million in 2024, with a margin of 22.3% (22.0% in 2024).

Operating profit (EBIT) was broadly in line with the previous year at Euro 336.6 million (Euro 337.8 million in 2024), with a margin of 16.3% in both years.

Consolidated net profit amounted to Euro 209.7 million, down 8.2% compared to Euro 228.5 million in 2024.

At 31 December 2025, invested capital stood at Euro 2,486.2 million (Euro 2,495.5 million at 31 December 2024).

Net cash generated from operations amounted to Euro 347.5 million (Euro 307.2 million in the previous year), an increase of 13.1%. Free cash flow in 2025 amounted to approximately Euro 220.4

¹ It should be noted that the Company, making use of the option provided under Article 106 of Decree Law No. 18/2020 (the so-called “Cura Italia Decree”), as last extended until 30 September 2026 pursuant to Article 4, paragraph 11, of Decree Law 200/2025, resolved that attendance at the Meeting and the exercise of voting rights shall take place exclusively through the Designated Representative pursuant to Article 135-undecies of Legislative Decree No. 58/1998, without physical participation by shareholders. Therefore, the Company has appointed the law firm Trevisan & Associati – with registered office in Milan, Viale Majno 45, 20122 (the ‘Designated Representative’) – to represent shareholders pursuant to Article 135-undecies of Legislative Decree No. 58/1998 and the aforementioned legal provisions.

² Approximately 78.05 % of the Company’s share capital was represented at the Ordinary Meeting.

³ Changes in scope compared to the previous year mainly relate to 10 acquisitions (6 in 2024 and 4 in 2025). The acquisitions completed in 2024 concerned PP China Co., Ltd., YRP Shanghai Flow Technology Co., Ltd., Alfa Valvole S.r.l., Alltube Engineering Ltd., H.S. S.r.l. and Hidrover Equipamentos Hidraulicos Ltda. The first three were consolidated in the Water Division (from April for the first two, from June for the third), while the latter three were consolidated in the Oil Division from May, July and December respectively. The 2025 acquisitions, all relating to the Oil Division, concerned Padoan S.r.l. (consolidated from July), Tutto Hidraulicos Ltd. and Borghi Assali S.r.l. (both consolidated from November), and Farma S.r.l. (consolidated from December, balance sheet only).

---

INTERPUMP GROUP

emarket
Fair Storage
CERTIFIED

million (Euro 205.1 million in 2024), increasing despite ongoing investment programmes and working capital absorption.

Net financial position at 31 December 2025 was Euro 291.1 million (Euro 409.0 million at 31 December 2024), mainly affected by investments of Euro 98.8 million, treasury share purchases of Euro 16.6 million, net outlays for acquisitions of equity investments⁴ and residual minority interests of Euro 52.4 million, and dividend payments of Euro 36.2 million. As at 31 December 2025, the Group had commitments for the acquisition of equity investments in subsidiaries valued at a total of Euro 85.0 million, compared to Euro 67.1 million as at 31 December 2024.

3. APPROVAL OF PROFIT ALLOCATION AND DIVIDEND DISTRIBUTION

The Shareholders’ Meeting approved the distribution of a portion of the profit for the year, as a dividend to shareholders, at a rate of Euro 0.35 per share (Euro 0.33 in the previous year), gross of withholding taxes. The dividend will be paid on 20 May 2026, with ex-dividend date 18 May 2026 of coupon no. 33 (record date 19 May 2026).

4. AUTHORISATION OF THE PROPOSAL FOR THE PURCHASE AND DISPOSAL OF TREASURY SHARES

The Shareholders’ Meeting approved, subject to the revocation, for the unused portion, of the existing authorisation granted on 29 April 2025 and valid until 29 October 2026, a new authorisation for the purchase and disposal of treasury shares, the main features of which are set out below:

(i) it concerns the purchase of the maximum number of ordinary shares permitted under the legislation in force from time to time;
(ii) purchases may be carried out on the market or through a public purchase or exchange offer, in accordance with the procedures provided by law;
(iii) the purchase price shall be between €0.52 (zero/52) and €65.00 (sixty-five/00);
(iv) the minimum price per share for the disposal of treasury shares held by the Company shall be €0.52 (zero/52);
(v) the authorisation shall have a maximum duration of 18 months from the date of approval by the Shareholders’ Meeting, i.e. until 30 October 2027;
(vi) the purchases and disposals covered by the request for authorisation shall be carried out for investment purposes, to stabilise the share price in situations of low liquidity, for exchanges in connection with acquisitions and/or commercial agreements with strategic partners, and in support of existing incentive plans and any incentive plans that may be adopted by the Company in the future.

For more detailed information, reference should be made to the Report of the Board of Directors to the Shareholders’ Meeting pursuant to Article 125-ter of the TUF.

It should be noted that the resolutions authorising the purchase of treasury shares were approved without the decisive vote of the shareholder Gruppo IPG Holding S.p.A. and, therefore, such purchases will fall within the exemption regime referred to in Article 44-bis, paragraph 2, of

⁴ Acquisition of equity investments, including financial debt received and net of treasury shares sold.

---

INTERPUMP GROUP

emarket
Fair Storage
CERTIFIED

CONSOB

Regulation

No.

11971/1999.

The treasury shares currently held by the Company amount to No. 3,705,087, corresponding to approximately 3.4029 % of the share capital.

5. APPOINTMENT OF THE NEW BOARD OF DIRECTORS

A Board of Directors composed of nine members was appointed. The Board will remain in office until the Shareholders' Meeting called to approve the financial statements for the year ending 31 December 2028. The Company's new Directors are:

• drawn from the list (List No. 1) submitted by Gruppo IPG Holding S.p.A., which obtained 61.34 % of the votes in favour: Federica Menichetti, Fulvio Montipò, Giovanni Tamburi, Fabio Marasi, Roberta Pierantoni, Rita Rolli, Anna Chiara Svelto and Elena Iotti⁷.
• drawn from the list (List No. 2) submitted by a group of shareholders⁸, which obtained 38.59 % of the votes in favour: Nicolò Dubini.

Fulvio Montipò was appointed Chairman of the Board of Directors with delegated powers.

The Directors Federica Menichetti, Roberta Pierantoni, Rita Rolli, Anna Chiara Svelto, Elena Iotti and Nicolò Dubini declared that they meet the independence requirements provided for by Article 148, paragraph 3, of Legislative Decree No. 58/1998, as referred to by Article 147-ter, paragraph 4, of the same decree, by the Articles of Association, and by the Corporate Governance Code promoted by Borsa Italiana S.p.A..

The curricula vitae of the Directors are available to the public at the Company's registered office, Via E. Fermi No. 25, 42049 Sant'Ilario d'Enza, through the authorised storage mechanism eMarket STORAGE, in the "Documents" section, and in the "Governance - Shareholders' Meeting" and "Governance - Board of Directors and Committees" sections of the Company's website www.interpumpgroup.it.

It should be noted that the composition of the Board of Directors fully complies with the gender balance criterion set out in Article 147-ter, paragraph 1-ter, of Legislative Decree No. 58/1998.

Finally, in accordance with Article IA.2.6.7, paragraph 3, of the Instructions to the Stock Exchange Rules, the Directors declared the following shareholdings in Interpump Group S.p.A. at the time of their appointment:

1. Fulvio Montipò: No. 1,555,233 shares, equal to 1.428% of the share capital of Interpump Group S.p.A.
2. Fabio Marasi: No. 1,607 shares, equal to 0.001% of the share capital of Interpump Group S.p.A.

⁷ With reference to the candidate Director Elena Iotti, included in List No. 1, it should be noted that the shareholder Gruppo IPG Holding S.p.A. submitted a draft resolution together with the related explanatory report pursuant to Article 126-bis of the TUF, and that the Shareholders' Meeting resolved to authorise, pursuant to Article 2390 of the Italian Civil Code, Dr Elena Iotti to maintain her office as Independent Director of Emak S.p.A. and to continue the related activities for the entire duration of her mandate at Interpump Group S.p.A.
⁸ It should be noted that these shareholders have submitted a list representing a total of 4.56394% of the share capital.

---

INTERPUMP GROUP

emarket
with storage
CERTIFIED

The Board of Directors, which met after the Shareholders’ Meeting under the chairmanship of Dr Fulvio Montipò:

(i) assessed the independence of:

a. the Directors Federica Menichetti, Roberta Pierantoni, Rita Rolli, Anna Chiara Svelto, Elena Iotti and Nicolò Dubini pursuant to Article 148, paragraph 3, of the TUF, applicable to Directors pursuant to Article 147-ter, paragraph 4, of the TUF, the Articles of Association and the Corporate Governance Code. With reference to the position of Federica Menichetti as regards the requirement concerning a term of office exceeding nine years under Recommendation 7 of the Corporate Governance Code, the Board of Directors — considering that: (i) all the other independence requirements under the Corporate Governance Code continue to be met;

(ii) Federica Menichetti served for one term as Statutory Auditor and for the following two terms as Independent Director of the Company and, during her most recent term, as Chair of the Control and Risk Committee and Chair of the Related Party Transactions Committee; and

(iii) she has demonstrated full autonomy of judgement and independent assessment of management’s conduct — considers that the expiry of the nine-year period is not such as to affect Federica Menichetti’s independence and objectivity of judgement, but rather gives her in-depth knowledge and the ability to understand and assess the issues and any critical matters concerning the Company and the Interpump Group. It should be noted that the Board of Directors assessed the existence of the independence requirements under the Corporate Governance Code by applying the relevant assessment criteria. The Board of Statutory Auditors subsequently verified the correct application of the criteria adopted;

b. the Statutory Auditors pursuant to Article 148, paragraph 3, of the TUF and the Corporate Governance Code;

(ii) confirmed Giovanni Tamburi as Deputy Chairman of the Board of Directors;

(iii) appointed Fabio Marasi as Chief Executive Officer of the Company;

(iv) appointed the independent Director Federica Menichetti as Lead Independent Director, pursuant to Recommendation 13 of the Corporate Governance Code;

(v) established, in compliance with the Corporate Governance Code and the applicable legislation and regulations, the following Board Committees: the Control and Risk Committee, the Appointment Committee, the Related Party Transactions Committee and the Remuneration Committee. The Board of Directors also appointed the Sustainability Committee, in continuity with the previous year;

(vi) appointed the members of the Committees as follows:

a. Control and Risk Committee: Federica Menichetti (Chair); Roberta Pierantoni and Nicolò Dubini;

b. Related Party Transactions Committee: Federica Menichetti (Chair); Roberta Pierantoni and Nicolò Dubini;

c. Remuneration Committee: Rita Rolli (Chair), Federica Menichetti and Giovanni Tamburi;

d. Appointment Committee: Rita Rolli (Chair), Federica Menichetti and Giovanni Tamburi;

---

INTERPUMP GROUP

emarket
with storage
CERTIFIED

e. Sustainability Committee: Anna Chiara Svelto (Chair), Fabio Marasi and Rita Rolli;

(vii) confirmed, subject to the favourable opinion of the Board of Statutory Auditors, the appointment of Mauro Barani, Group CFO, as the Manager in charge of preparing the Company’s financial reports pursuant to and for the purposes of Article 154-bis of the TUF, having verified that he meets the requirements set out in the Articles of Association. He was also confirmed as the person responsible for overseeing the administrative and control processes relating to the Company’s sustainability reporting, pursuant to Legislative Decree No. 125/2024 and Article 154-bis of the TUF, with specific responsibility for overseeing the attestation of the compliance of sustainability reporting with European reporting standards. The curriculum vitae of Mauro Barani, who, on the basis of the information available to the Company, does not hold any shares in Interpump Group S.p.A., is available in the “Governance – Manager in charge pursuant to Article 154-bis of Legislative Decree No. 58/1998” section of the Company’s website www.interpumpgroup.it

6. APPOINTMENT OF THE NEW BOARD OF STATUTORY AUDITORS

A Board of Statutory Auditors composed of three standing members and two alternate members was appointed. The Board will remain in office until the Shareholders’ Meeting called to approve the financial statements for the year ending 31 December 2028. The Company’s new Statutory Auditors are:

• drawn from the list (List No. 1) submitted by Gruppo IPG Holding S.p.A., which obtained 83.14 % of the votes in favour: Mirco Zucca and Mario Tagliaferri (Standing Auditors) and Andrea Romersa (Alternate Auditor);
• drawn from the list (List No. 2) submitted by a group of shareholders⁹, which obtained 16.52 % of the votes in favour: Anna Maria Allievi, Chair of the Board of Statutory Auditors (Standing Auditor) and Massimo Gambini (Alternate Auditor).

The curricula vitae of the Statutory Auditors are available to the public at the Company’s registered office, Via E. Fermi No. 25, 42049 Sant’Ilario d’Enza, through the authorised storage mechanism eMarket STORAGE, in the “Documents” section, and in the “Governance – Shareholders’ Meeting” and “Governance – Board of Statutory Auditors” sections of the Company’s website www.interpumpgroup.it.

It should be noted that the composition of the Board of Statutory Auditors fully complies with the gender balance criterion set out in Article 148, paragraph 1-bis, of Legislative Decree No. 58/1998.

Finally, in accordance with Article IA.2.6.7, paragraph 3, of the Instructions to the Stock Exchange Rules, the Statutory Auditors declared that they did not hold any shares in Interpump Group S.p.A. at the time of their appointment.

Lastly, it should be noted that, at today’s Ordinary Shareholders’ Meeting, the Shareholders did not approve Section II of the “Report on Remuneration Policy and Remuneration Paid” prepared by the Board of Directors for the financial year 2025, as referred to in item 3 on the agenda. It should be noted that, pursuant to Article 123-ter (6) of the Consolidated Law on Finance, the Shareholders’ vote on Section II is not binding.

⁹ It should be noted that these shareholders have submitted a list representing a total of 4.59815% of the share capital.

---

INTERPUMP GROUP

emarket
with storage
CERTIFIED

For further information on the vote, please refer to the summary report on the votes and the minutes of the Shareholders’ Meeting, which will be made available in the manner and within the time limits provided for by applicable legislation.

In extraordinary session¹⁰, the Shareholders’ Meeting:

APPROVAL OF THE RENEWAL OF THE DELEGATION TO THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL WITH EXCLUSION OF PREEMPTION RIGHTS, PURSUANT TO ARTICLES 2443 AND 2441, PARAGRAPH 4, OF THE ITALIAN CIVIL CODE

Article 5, paragraph 3, of the Company’s Articles of Association was amended accordingly.

Sant’Ilario d’Enza (RE), 30 April 2026

On behalf of the Board of Directors
The Chair
Fulvio Montipò

The summary report on the votes and the minutes of the Shareholders’ Meeting held today will be made available in the manner and within the time limits provided for by applicable legislation.

---

The documentation required by applicable legislation in relation to the matters described above and the related resolutions of the Shareholders’ Meeting has been filed at the Company’s registered office together with the 2025 Consolidated Financial Statements and the Report on Corporate Governance and Ownership Structure. The documentation is also available on the website www.interpumpgroup.it, as well as in the “Documents” section of eMarket Storage.

---

Pursuant to paragraph 2 of Article 154-bis of the Consolidated Law on Financial Intermediation, the Manager in charge of preparing the Company’s financial reports, Mauro Barani, declares that the accounting information contained in this press release corresponds to the Company’s accounting documents, books and records.

Media Relations:

Moccagatta Associati
Tel. 02 8645.1695 - Fax 02 8645.2082
segreteria@moccagatta.it

Investor Relations:

Tel. 0522-904311
ir@interpumpgroup.it

¹⁰ Approximately 78.05 % of the Company’s share capital was represented at the Extraordinary Meeting.

---

Fine Comunicato n.0159-28-2026	Numero di Pagine: 9