Salcef Group

Transaction in Own Shares • Oct 2, 2023

Informazione Regolamentata n. 20176-106-2023		Data/Ora Inizio Diffusione 02 Ottobre 2023 14:28:41	Euronext Star Milan
Societa'	:	SALCEF GROUP
Identificativo Informazione Regolamentata	:	181814
Nome utilizzatore	:	SALCEFGROUPN02 - Salciccia
Tipologia	:	2.4
Data/Ora Ricezione	:	02 Ottobre 2023 14:28:41
Data/Ora Inizio Diffusione	:	02 Ottobre 2023 14:28:41
Oggetto	:	Information on treasury share purchase transactions
Testo del comunicato

Vedi allegato.

Investor Relations & Sustainability - Alessio Crosa

Email: investor.relations@salcefgroup.com - Ph: +39 06 416281

Press Release

Information on treasury share purchase transactions

Rome, 2 October 2023 – With reference to the second tranche of the share buyback programme approved by the Board of Directors on 3 August 2023 in partial execution of the resolution of the Shareholders' Meeting held on 27 April 2023, Salcef Group S.p.A. (the "Company") announces that it has purchased on Euronext Milan (EXM) in the period between 25 September 2023 and 29 September 2023 inclusive, no. 18,893 ordinary treasury shares (ISIN: IT0005388266) for a total amount of Euro 416,524.99.

The purchases were made under the coordination of Banca Akros, the intermediary appointed in full independence and autonomy to implement the ordinary shares buy-back programme.

As already communicated to the market, the purpose of the purchases, for a maximum amount of 400,000 shares, is to: (i) have treasury shares to be devoted to the "2021-2024 Stock Grant Plan", to the "2022-2025 Stock Grant Plan", to the "2023-2026 Stock Grant Plan", to the "2022-2023 Performance Shares Plan" as well as to potential future incentives plans; (ii) execute transactions such as the sale and/or exchange of treasury shares to acquire direct or indirect participations, and/or real estate, and/or to conclude agreements with strategic partners, and/or to implement industrial projects or extraordinary financial transactions, which fall within the expansion objectives of the Company and the Group; (iii) make subsequent purchase or disposal of shares, within the limits set by the accepted market practice; (iv) execute, directly or through intermediaries, any transactions aimed at stabilizing and/or supporting the liquidity of the Company's stock in compliance with allowed market practices; (v) create a so-called "securities warehouse", useful for any future extraordinary financial transactions; (vi) make a medium-long term investment or in any case seize the opportunity to make a good investment, also in consideration of the risk and expected return of alternative investments and also through the purchase and resale of shares whenever appropriate; (vii) use excess cash.

According to the information provided by the above appointed intermediary, the following is a summary of the purchase transactions carried out on Euronext Milan (EXM) on a daily basis here reported in aggregate and detailed in the annex:

Date	Number of Ordinary Shares Purchased	Avrg price (Euro)	Total value (Euro)
25/09/2023	4,298	22.3279	95,965.31
26/09/2023	3,978	22.0523	87,724.05
27/09/2023	1,928	22.0754	42,561.37
28/09/2023	4,422	21.9006	96,844.45
29/09/2023	4,267	21.8959	93,429.81

The Salcef Group has been operating for over 70 years in the development and innovation of sustainable mobility infrastructures. It is a global player in the maintenance, renewal, construction and electrification of railway and urban transport infrastructure, as well as in the construction and sale of railway machines and the production of reinforced concrete structures. Maintenance and renewal of railway and urban infrastructure form the core business and account for 71% of volumes. Established in 1949, Salcef has been controlled by the Salciccia family since 1975 and it is currently led by brothers Gilberto and Valeriano Salciccia, in the roles of Chairman and Chief Executive Officer respectively. The Group has 7 Operative Business Units and is present on 4 continents. It employs more than 1,900 highly specialized resources and in 2022 recorded revenues for 565 million euro. The Salcef Group is based in Italy and since October 2021 is listed on the STAR segment of the Euronext Milan market of the Italian Stock Exchange (Borsa Italiana: SCF; Reuters: SCFG.MI; Bloomberg: SCF:IM).

Following the purchases indicated in this press release, on 29 September 2023 the Company held 1,258,899 treasury shares, equal to 2.017% of the Share Capital.

This press release is available on the Salcef Group website https://www.salcef.com, in the Investor Relations/Price Sensitive Press Releases section.

ANNEX

TRADE DATE	TRADE TIME	SIDE	QUANTITY	GROSS PRICE
25/09/2023	09:23:47	BUY	180	22.55
25/09/2023	09:23:47	BUY	20	22.55
25/09/2023	09:58:07	BUY	200	22.5
25/09/2023	10:34:09	BUY	200	22.55
25/09/2023	10:35:08	BUY	77	22.55
25/09/2023	10:52:03	BUY	200	22.5
25/09/2023	10:52:03	BUY	200	22.45
25/09/2023	11:53:28	BUY	106	22.25
25/09/2023	11:58:39	BUY	90	22.4
25/09/2023	11:58:39	BUY	110	22.4
25/09/2023	11:58:45	BUY	200	22.4
25/09/2023	11:58:57	BUY	200	22.35
25/09/2023	12:07:04	BUY	200	22.3
25/09/2023	13:33:31	BUY	92	22.35
25/09/2023	13:33:31	BUY	108	22.35
25/09/2023	13:33:31	BUY	200	22.4
25/09/2023	13:51:25	BUY	200	22.3
25/09/2023	14:18:51	BUY	73	22.25
25/09/2023	14:18:51	BUY	127	22.25
25/09/2023	14:23:27	BUY	63	22.2
25/09/2023	14:24:38	BUY	200	22.2
25/09/2023	14:46:22	BUY	200	22.2
25/09/2023	15:08:53	BUY	91	22.2
25/09/2023	15:08:53	BUY	109	22.2
25/09/2023	15:26:53	BUY	200	22.15
25/09/2023	16:02:26	BUY	200	22.2
25/09/2023	16:17:26	BUY	200	22.2
25/09/2023	16:38:07	BUY	52	22.15
25/09/2023	16:38:14	BUY	200	22.15
26/09/2023	09:26:38	BUY	200	22
26/09/2023	09:53:29	BUY	200	22.1
26/09/2023	09:53:29	BUY	200	22.05
26/09/2023	10:34:04	BUY	200	22.1
26/09/2023	11:10:38	BUY	183	22
26/09/2023	12:03:50	BUY	4	21.95
26/09/2023	12:06:23	BUY	200	21.95
26/09/2023	15:14:16	BUY	97	21.85
26/09/2023	15:14:16	BUY	90	21.85
26/09/2023	15:14:16	BUY	13	21.85

Press Release

26/09/2023	15:35:14	BUY	200	21.95
26/09/2023	15:35:14	BUY	17	21.9
26/09/2023	15:51:04	BUY	200	22
26/09/2023	16:10:03	BUY	200	22
26/09/2023	16:14:57	BUY	200	21.85
26/09/2023	16:16:00	BUY	90	21.95
26/09/2023	16:17:39	BUY	70	22
26/09/2023	16:17:39	BUY	90	22
26/09/2023	16:17:40	BUY	90	22
26/09/2023	16:17:41	BUY	16	22
26/09/2023	16:30:02	BUY	199	22.1
26/09/2023	16:41:58	BUY	40	22.2
26/09/2023	16:41:58	BUY	110	22.2
26/09/2023	16:46:19	BUY	13	22.25
26/09/2023	16:46:19	BUY	14	22.25
26/09/2023	16:52:51	BUY	186	22.25
26/09/2023	16:52:51	BUY	56	22.2
26/09/2023	16:53:06	BUY	200	22.2
26/09/2023	16:53:58	BUY	200	22.15
26/09/2023	16:53:58	BUY	26	22.2
26/09/2023	16:53:58	BUY	174	22.2
26/09/2023	17:00:17	BUY	200	22.1
27/09/2023	10:24:45	BUY	56	22
27/09/2023	10:24:47	BUY	5	22.05
27/09/2023	10:24:51	BUY	187	22.1
27/09/2023	10:25:13	BUY	200	22.15
27/09/2023	10:25:13	BUY	63	22.2
27/09/2023	10:25:13	BUY	90	22.2
27/09/2023	10:25:13	BUY	47	22.2
27/09/2023	12:07:46	BUY	200	22.1
27/09/2023	14:29:32	BUY	146	21.95
27/09/2023	14:29:34	BUY	20	22.05
27/09/2023	14:39:10	BUY	200	22.05
27/09/2023	15:45:47	BUY	200	22.05
27/09/2023	15:53:51	BUY	200	22.05
27/09/2023	16:36:22	BUY	1	22.05
27/09/2023	16:40:24	BUY	200	22.05
27/09/2023	17:16:27	BUY	30	22
27/09/2023	17:16:27	BUY	1	22
27/09/2023	17:16:27	BUY	26	22
27/09/2023	17:16:27	BUY	2	22
27/09/2023	17:23:36	BUY	54	22.05
28/09/2023	10:20:30	BUY	200	22.05

Press Release

28/09/2023	11:25:21	BUY	4	22.05
28/09/2023	11:29:22	BUY	200	22.05
28/09/2023	13:11:21	BUY	200	22.05
28/09/2023	13:11:21	BUY	90	22.05
28/09/2023	14:23:48	BUY	48	21.9
28/09/2023	14:23:48	BUY	76	21.9
28/09/2023	14:23:48	BUY	76	21.9
28/09/2023	14:23:48	BUY	200	21.85
28/09/2023	14:23:50	BUY	200	21.85
28/09/2023	14:23:53	BUY	200	21.85
28/09/2023	14:23:54	BUY	200	21.85
28/09/2023	14:23:55	BUY	162	21.9
28/09/2023	14:23:55	BUY	38	21.9
28/09/2023	14:23:55	BUY	178	21.9
28/09/2023	14:23:55	BUY	22	21.9
28/09/2023	14:23:55	BUY	185	21.9
28/09/2023	14:23:55	BUY	200	21.9
28/09/2023	14:23:57	BUY	200	21.85
28/09/2023	14:23:58	BUY	22	21.9
28/09/2023	14:23:58	BUY	90	21.9
28/09/2023	14:41:42	BUY	200	21.95
28/09/2023	14:41:42	BUY	200	22
28/09/2023	15:27:19	BUY	4	21.9
28/09/2023	15:35:28	BUY	200	21.9
28/09/2023	15:35:28	BUY	200	21.85
28/09/2023	15:35:42	BUY	62	21.75
28/09/2023	15:35:50	BUY	168	21.9
28/09/2023	15:35:51	BUY	200	21.85
28/09/2023	15:35:51	BUY	32	21.9
28/09/2023	16:30:39	BUY	9	21.8
28/09/2023	16:58:34	BUY	200	21.8
28/09/2023	16:58:56	BUY	156	21.7
29/09/2023	09:07:03	BUY	200	21.85
29/09/2023	09:07:03	BUY	200	21.8
29/09/2023	09:56:53	BUY	200	21.6
29/09/2023	10:35:01	BUY	200	21.7
29/09/2023	10:58:41	BUY	200	21.7
29/09/2023	11:02:37	BUY	200	21.85
29/09/2023	11:02:37	BUY	200	21.8
29/09/2023	12:09:37	BUY	4	21.75
29/09/2023	12:09:37	BUY	196	21.75
29/09/2023	12:09:37	BUY	90	21.8
29/09/2023	12:43:14	BUY	200	21.75

Press Release

29/09/2023	12:45:14	BUY	200	21.75
29/09/2023	12:47:30	BUY	200	21.75
29/09/2023	13:22:34	BUY	200	21.75
29/09/2023	13:33:01	BUY	200	21.75
29/09/2023	13:56:08	BUY	200	21.75
29/09/2023	14:23:07	BUY	200	21.75
29/09/2023	14:53:28	BUY	200	22.05
29/09/2023	15:07:35	BUY	200	22.05
29/09/2023	16:16:46	BUY	165	22.05
29/09/2023	16:16:46	BUY	35	22.05
29/09/2023	16:28:30	BUY	31	22
29/09/2023	16:28:30	BUY	169	22
29/09/2023	17:04:05	BUY	200	22.05
29/09/2023	17:24:45	BUY	177	22.1