Mare Engineering Group — Capital/Financing Update 2025

Jan 9, 2025

MARE GROUP: €8 MILLION IN FINANCING

TOTAL LIQUIDITY PACKAGE OF €23.5 MILLION IN EQUITY AND NEW FINANCING FULLY ALLOCATED FOR GROWTH

Pomigliano d'Arco (NA), January 9, 2025

Mare Group S.p.A. (ticker MARE.MI), a digital engineering company listed on Euronext Growth Milan and active in Italy and internationally in innovation through enabling technologies ("Mare Group," the "Company," or the "Group"), announces the achievement of a total funding package of €23.5 million. This includes €15.5 million in equity, subscribed during the recent ABB operation, and €8 million in new financing.

This funding will enable the Group to further strengthen its growth strategy through targeted acquisitions, expanding its scope towards larger companies, including internationally.

The financing agreements include €5 million from Cassa Depositi e Prestiti ("CDP") and €3 million from BPER Banca S.p.A. ("BPER"). Both loans are supported by the SACE "Garanzia Futuro" program, have a five-year term (including a nine-month grace period), offer favorable interest rates, and feature a quarterly constant principal amortization schedule. These funds are allocated to the Group's R&D initiatives and external growth opportunities.

Details on the outcome of the ABB operation can be found in the press releases dated December 20 and 28, 2024.

These operations mark another significant step in the optimization of the Issuer's financial management, a process already underway, resulting in a substantial improvement in the Group's Net Financial Position and overall financial structure, in line with the Guidance values communicated on November 7, 2024. Mare Group's solid equity base forms the foundation for its continued scouting of potential targets to integrate into the Group and for supporting internal growth during the Company's expansion journey.

Antonio Maria Zinno, CEO of Mare Group, added: "Growth through strategic and scalable business models and financial solidity has always been and will remain our priority. Mare Group is now ready to embark on a new and more ambitious growth path through M&A operations with larger and internationally relevant companies. These acquisitions aim to further strengthen our leadership in technological innovation and in increasingly mission-critical sectors."

This press release is available on the company's website at www.maregroup.it/investor-relations and on the authorized regulated information transmission and storage system at .

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About the Company

Founded in 2001, Mare Group, a digital engineering company listed on the Euronext Growth Milan market, operates across the entire value chain of technological innovation. With over 2,000 clients, more than 300 employees, and 16 operational and commercial locations, Mare Group is a key player in the Italian innovation ecosystem. Significant investments in R&D and the 11 acquisitions completed since 2019, followed by subsequent mergers, demonstrate the Group's strong ability to integrate complementary resources and technologies to expand its product portfolio and increase market presence

Contacts

Emittente - Mare Group S.p.A. Gennaro Tesone (Investor Relations Manager) Via Ex Aeroporto SNC, 80038 Pomigliano d'Arco T. +39 081 803 6677 - E-mail investor-relator@maregroup.it

Euronext Growth Advisor – illimity Bank S.p.A. Via Soperga 9, 20124 Milano T. +39 0282849699 – E-mail maregroup@illimity.com Investor & Media Relations Advisor - IRTOP Consulting Via Bigli, 19 - 20121 Milano T. +39 0245473883 - E-mail ir@irtop.com (investors) mediarelations@irtop.com (media)

Specialist – MIT SIM S.p.A. Corso Venezia 16, 20121 Milano T. +39 0230561270 – E-mail investor.relations@mitsim.it

Tel. +39 081 8036677 Fax +39 081 3177513 www.maregroup.it info@maregroup.it