Reway Group

M&A Activity • Feb 27, 2025

PRESS RELEASE

REWAY GROUP: to subsidiary Gema new 97-million-euro contract for extraordinary maintenance work on railways

The company was awarded a tender issued by Rete Ferroviaria Italiana (RFI), covering the Ancona, Palermo and Rome routes

Licciana Nardi (MS), February 27th, 2025 - 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"), announces that its subsidiary Gema - among the main operators active in the maintenance of infrastructure and civil works in the railway sector - has acquired a new contract worth 97 million euros for extraordinary maintenance works in the railway sector.

In detail, Gema was awarded the contract for Lot 1 Ancona, Lot 13 Palermo and Lot 16 Rome, within a tender issued by Rete Ferroviaria Italiana - RFI, for the maintenance of tunnels and railway spaces. Specifically, Gema will carry out structural maintenance works on the railway tunnels of the sections involved. The company will operate within three temporary associations of enterprises (ATI), of which it is the leader, with a 99.80% share for Lot 1 Ancona and Lot 16 Rome, and 48.50% for Lot 13 Palermo, respectively.

All works are scheduled to start in the first half of 2025, with an expected duration of two years, engaging a total of 62 highly skilled workers.

The new order brings Reway Group's order backlog to 1.338 billion euros, gross of the invoiced portion since the beginning of 2025, and is composed as follows: 39% rail work, 25% highway tunnel work, 12% highway viaducts, 9% safety and noise barriers, 13% other highway work, and 2% civil engineering.

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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. Reway Group was formed in December 2021 via the assignment of the shares held by M.G.A. S.r.l., Soteco S.r.l. and TLS S.r.l. companies operating in Italy in the road and highway infrastructure maintenance and rehabilitation sector, which are currently operational and 100% controlled by Reway Group. The Group was created to provide its subsidiaries with a unified corporate and managerial structure, in order to best address the evolution of a sector that is markedly expanding and growing, both in Italy and abroad. The Group's subsidiaries also includes Gema, a leading player in the maintenance of infrastructure and civil works in the railway sector, and Vega Engineering, a multidisciplinary engineering company whose core business includes the engineering design of road and rail infrastructure, civil and industrial works, support services to R.U.P. and works management. 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 500 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 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