Reway Group

Regulatory Filings • Nov 29, 2024

PRESS RELEASE

REWAY GROUP: to subsidiary Gema new orders in railways worth a total of 56 million euros

The works, awarded by Rete Ferroviaria Italiana (RFI), concern the construction of acoustic mitigation activities in Abruzzo (45.6 million euros) and extraordinary maintenance interventions in Rome and Cagliari (10.4 million euros)

Licciana Nardi (MS), November 29th, 2024 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 organization in Italy capable of handling all the activities related to the restoration of bridges, tunnels and viaduct (the "Company" or "Reway Group") announces that its subsidiary Gema--among the leading operators active in the maintenance of infrastructure and civil works in the railway sector--has been awarded two new contracts in the railway sector with a total value of 56 million euros.

The first order, awarded entirely to Gema by Rete Ferroviaria Italiana (RFI) and worth a total of about 45.6 million euros, concerns the executive design and construction of acoustic mitigation works along the Bologna - Lecce railway line in the municipality of Tortoreto (Teramo). The works will have a duration of five years with start-up scheduled in the first half of 2025. In detail, about 20 workers will be engaged in the reinforced concrete works necessary for the execution of retaining curbs and the subsequent installation of sound-absorbing barriers.

The second award concerns executive design and extraordinary maintenance works related to the removal of architectural barriers in Lot 8 (Rome and Cagliari). About 10.4 million euros is the value for Gema of the contract awarded by Rete Ferroviaria Italiana (RFI) to an ATI of which the Reway Group subsidiary is part with a 20 percent share. The work, lasting five years with start-up scheduled by the first quarter of 2025, will see about 20 workers engaged.

As a result of the two newly acquired contracts, Reway Group's order backlog rises to 1.131 billion euros, gross of the portion invoiced in the fourth quarter of 2024, and is composed as follows: 29% highway tunnel work, 28% railway work, 14% highway viaducts, 11% safety and noise barriers, 16% other highway work, and 2% civil engineering.

"Reway Group's growth path in the area of rail network maintenance in the national territory continues decisively," said Paolo Luccini, President and CEO of Reway Group. "These new orders," Luccini continued, "represent an important step toward balancing the work portfolio between the road/highway and rail sectors, a strategic goal we aim to achieve in the short to medium term".

For the dissemination of regulated information, Reway Group makes use of the dissemination system (), managed by Computershare S.p.A. with registered office in Milan, via Lorenzo Mascheroni 19 and authorised by CONSOB

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

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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 include Gema, a leading player in the maintenance of infrastructure and civil works in the railway sector. To this end, the Company provides services to its subsidiaries, including planning and financial strategy, procurement of Reway Group has a workforce of 500 overall and has a modern fleet with over 300 operating vehicles.

Contacts

Reway Group S.p.A.

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Barabino & Partners – Media e Investor Relations

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Elena Magni    E-mail: e.magni@barabino.it mob: +39 348 4787490