Reway Group

Earnings Release • Jul 31, 2025

PRESS RELEASE

REWAY GROUP: THE BOARD OF DIRECTORS REVIEWED THE MAIN CONSOLIDATED KPIs AS OF JUNE 30th, 2025

Reway Group continues to grow, reaching a backlog of €1,157 million, a historic record for the Group

• Value of Production of €134.8 million (+16% compared to €116.2 million as of June 30th, 2024), of which €99.3 million in the road and highway sector, €32.7 million in the railway sector and €2.8 million related to engineering design
• Net financial debt (NFD) of €67.6 million compared to €67.0 million as of December 31st, 2024
• Backlog of €1,157 million (€1,044 million as of December 31st, 2024), linked to €245 million in new orders acquired and over €132 million in work performed in the first half of 2025

Licciana Nardi (MS), July 31st, 2025 – The Board of Directors of Reway Group S.p.A. (EGM: RWY) Italy's largest operator specialized in rehabilitation and maintenance of road and highway infrastructures, as well as the only in Italy to also have in its core business the maintenance of the railway network (the "Company" or "Reway Group"), has reviewed certain key consolidated KPIs as of June 30th, 2025, which have not been audited.

Consolidated Key Perfomance Indicators (KPIs) as of June 30th, 2025

Value of Production recorded significant growth, reaching €134.8 million, up 16% compared to €116.2 million as of June 30th, 2024. In detail, €99.3 million refer to the business of road and highway infrastructure maintenance and rehabilitation, €32.7 million are related to railway maintenance, and 2.8 million euros refer to engineering design and are attributable to the activity generated by the subsidiary Vega Engineering S.r.l., which was acquired at the end of 2024.

Net financial debt (NFD) amounted to €67.6 million, compared to €67.0 million as of December 31st, 2024.

The backlog reached at €1,157 million (approximately €1,044 million as of December 31st, 2024, approximately €913.3 million as of June 30th, 2024), linked to €245 million in new orders acquired and over €132 million in work performed in the first half of 2025, confirming the Reway Group's leadership position in the rehabilitation of road, motorway, and railway infrastructure in the first half of the year as well. It should be noted that the backlog as of June 30th, 2025, will have an impact on the next five financial years.

At the business level, in the first half of the year, through its subsidiaries, the Reway Group acquired contracts worth a total of over €245 million for the renovation and maintenance of road and motorway infrastructure, the railway network, and port facilities. The half-year was also marked by the entry into the port railway maintenance sector, thanks to two contracts awarded by the Port System Authority of the Eastern Ligurian Sea.

Paolo Luccini, President and CEO of Reway Group, commented: "The first six months of 2025 have confirmed our role as a key player in the modernization of the country's road, highway, and railway infrastructure. We have been awarded new major contracts worth a total of €245 million, including the contract for the extraordinary maintenance and renovation of the Florence Santa Maria Novella and Bologna Centrale stations, two key hubs for national mobility. These economic and financial results further consolidate the growth path of the Reway Group, which since its listing on the stock exchange in March 2023 has increased the value of its shares by around 205%".

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This press release is available on the Company's website https://www.rewaygroup.com/ under Investor Relations - Press Releases and at .

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Reway Group, the Parent Company of the Group of the same name — is Italy's largest operator specialised in rehabilitation and maintenance of road and highway infrastructures, as well as the only organisation in Italy capable of handling all the activities related to the chain of restoration of bridges, tunnels and viaducts, and to also have in its core business the maintenance of the railway network.

• Established in 2021 from the contribution of the shares of several major companies active in Italy in the maintenance and rehabilitation of road and highway infrastructure, Reway Group now operates through three subsidiaries:
• M.G.A. S.r.l., which specializes in the maintenance and rehabilitation of road tunnels and viaducts, and, following the incorporation of Soteco and TLS, in the installation of safety and sound-absorbing barriers, and special works such as, for example, seismic retrofitting of viaducts, bridges and tunnels;
• Gema S.p.A., among the leading operators active in the maintenance of infrastructure and civil works in the railway sector;
• Vega Engineering S.r.l., a multidisciplinary engineering company that has in its core business the engineering design of road and rail infrastructures, civil and industrial works, support services to R.U.P. and management of orders.

The company provides services for its subsidiaries, including financial planning and strategy, procurement of goods and services, and technical accounting management. Reway Group has a workforce of 600 people and has a modern fleet with over 300 operating vehicles.

Contacts

Reway Group S.p.A.

Company | Federico Della Gatta – Investor Relations Manager| ir@rewaygroup.com

Integrae SIM S.p.A.| T +39 02 80506160

Euronext Growth Advisor & Specialist | info@integraesim.it | Piazza Castello 24 - 20121 Milano

Barabino & Partners – Media e Investor Relations

Stefania Bassi E-mail: s.bassi@barabino.it mob: +39 335 6282667 Jacopo Pedemonte E-mail: j.pedemonte@barabino.it mob: +39 347 0691764 Elena Magni E-mail: e.magni@barabino.it mob: +39 348 4787490