Sabaf

Investor Presentation • May 31, 2022

Sabaf Group

Financial Presentation

31 st May 2022

www.sabafgroup.com

Sabaf Group: our growth path

Sabaf Group: Revenues and EBITDA evolution

REVENUES EBITDA

Sabaf Group: industrial footprint

SABAF S.P.A. Valves and thermostats Standard burners Special burners

ARC S.R.L. Professional burners

FARINGOSI-HINGES S.R.L. Oven hinges Dishwasher hinges

CMI ITALY

Oven hinges Dishwasher hinges

CMI POLAND

Dishwasher hinges

• 2021: 9 production plants
• By 2022: 13 production plants (5 in Italy and 8 abroad)
• 1,510 employees

SABAF TURKEY Burners, valves, hinges and Electronics

OKIDA ELEKTRONIK Electronics for household appliances

SABAF APPLIANCE COMPONENTS (KUNSHAN) Wok burners

SABAF INDIA Valves and burners

NEW

Today: since 2018 diversification in 3 divisions

SALES by division GAS

EBITDA by division

HINGES

ELECTRONICS

Extract form Business Plan 2021-2023 released in March 2021

Business Plan 2021-2023 - Widening product range

Sabaf Induction

The Sabaf Group enters the Induction cooking sector

and

becomes a global manufacturer in all cooking technologies:

▪ Gas

▪ Traditional electric (radiant)

▪ Induction

Diversification in 4 divisions

Research and development activities

• Sabaf has developed its own project know-how internally by filing proprietary patents, software and hardware
• Creation of innovative products which better meet manufacturers' needs and new consumer trends
• The Group benefits from the expertise gained from the acquisition of Okida the Turkish company of Sabaf Group already designated to electronics and where part of the induction cooking components will be produced
• Team of more than 50 electronic engineers

The project technological flexibility will enable Sabaf to offer to its clients customised products

• Production will start by the first half of 2023
• Sabaf network for sales and distribution
• Very positive customer feedback (agreements with some important players have been already signed)
• Objective: at least 5% of the non-captive European market by 2025, further expansion in the following years

Sabaf Group: technological evolution and widening of the industrial footprint

Sabaf Group designs its FUTURE through the technological evolution and the widening of the industrial footprint

The starting point is our history, a solid and strong base, mainly in metalworking, which continues with an electronical evolution:

• 2018: Electronics (Okida acquisition)
• 2020: production of radiant cooktops components (vitroceramic)
• 2022: design, development and sale of induction cooktops components

Investments and projects to become a global company, able to offer cooking systems for every market

• Emerging countries: gas cooking (evolution of the industrial footprint: after Turkey and Brazil also China, India and Mexico)
• Western countries (mainly Europe): electric cooking (radiant and induction)

Next steps: hydrogen

Hy4Heat trial project (UK) which is going on with the starting of Phase 2

DISCLAIMER

Certain information included in this document is forward looking and is subject to important risks and uncertainties that could cause actual results to differ materially.

The Company's business is in the domestic appliance industry, with special reference to the gas cooking sector, and its outlook is predominantly based on its interpretation of what it considers to be the key economic factors affecting this business. Forward-looking statements with regard to the Group's business involve a number of important factors that are subject to change, including: the many interrelated factors that affect consumer confidence and worldwide demand for durable goods; general economic conditions in the Group's markets; actions of competitors; commodity prices; interest rates and currency exchange rates; political and civil unrest; and other risks and uncertainties.

Pursuant to Article 154/2, paragraph 2 of the Italian Consolidated Finance Act (Testo Unico della Finanza), the company's Financial Reporting Officer Gianluca Beschi declares that the financial disclosure contained in this financial presentation corresponds to the company's records, books and accounting entries.

For further information, please contact

Gianluca Beschi - +39.030.6843236 gianluca.beschi@sabaf.it