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Technogym Investor Presentation 2024

Oct 30, 2024

4494_ir_2024-10-30_cac87975-26a4-424f-9f08-9cf85682c2da.pdf

Investor Presentation

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Q3 2024 Revenue Results

Investor Presentation

Cesena, October, 30th 2024

Strictly private & confidential 1

Speakers

William Marabini Chief Financial Officer

Michele Bertacco Investor Relations Director

Disclaimer

This presentation is being furnished to you solely for your information and may not be reproduced or redistributed to any other person.

This presentation might contain certain forward-looking statements that reflect the Company's management's current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward-looking statements are based on Technogym S.p.A.'s current expectations and projections about future events. Because these forward-looking statements are subject to risks and uncertainties, actual future results or performance may differ materially from those expressed in or implied by these statements due to any number of different factors, many of which are beyond the ability of Technogym S.p.A. to control or estimate. You are cautioned not to place undue reliance on the forward-looking statements contained herein, which are made only as of the date of this presentation. Technogym S.p.A. does not undertake any obligation to publicly release any updates or revisions to any forward-looking statements to reflect events or circumstances after the date of this presentation.

Any reference to past performance or trends or activities of the Technogym Group shall not be taken as a representation or indication that such performance, trends or activities will continue in the future.

This presentation does not constitute an offer to sell or the solicitation of an offer to buy Technogym's securities, nor shall the document form the basis of or be relied on in connection with any contract or investment decision relating thereto, or constitute a recommendation regarding the securities of Technogym.

Technogym's securities referred to in this document have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

William Marabini, the Manager in charge of preparing the corporate accounting documents, declares that, pursuant to art. 154-bis, paragraph 2, of the Legislative Decree no. 58 of February 24, 1998, the accounting information contained herein correspond to document results ,books and accounting records.

Some figures related to previous periods were reclassified for a better representation of balance sheet and the profit and loss statements.

"In a macroeconomic environment that is challenging for many industries, Technogym continues to outpace the market in the third quarter of the current year, driven by substantial investments in innovation. This reaffirms the success of our long-term strategy, centered on our digital ecosystem powered by artificial intelligence, which was utilized and appreciated by 15,000 athletes from around the world at the recent Paris 2024 Olympic and Paralympic Games.

Today, on a global scale, wellness and health are top priorities for consumers, and Technogym is positioning itself as "sustainable medicine" capable of treating, preventing, and promoting healthy longevity. In a market where strength training is on the rise, Technogym has leveraged its 40+ years of experience with the introduction of Biostrength, the first product line that integrates AI into strength training, delivering users a 30% improvement in results with the same time commitment.

Technogym also continues its ESG commitment; Ecovadis has awarded us the Gold Medal for sustainability, a recognition that further strengthens our mission to improve people's quality of life: healthy people, healthy planet".

- Nerio Alessandri

Sustainable Sustainable Growth

A Summary from Olympics Games, Paris 2024

Technogym Centers

Olympic and Paralympic Athletes

260

Customers, partners, athletes, PR & influencers

Champions train with Technogym

the Future 9 Olympic games

Summer of Sport

Innovation and Development

Connected Training Experience

Technogym Ecosystem

Connected Dumbbels

Technogym App native in all new Samsung TV

Timeless Icon

Technogym Unica awarded, again

Unica has been awarded the 2024 edition of the prestigious Wallpaper* Smart Space Award for Fittest Fitness Kit. The Smart Space Award by Wallpaper* is an accolade that recognizes innovative designs and technologies that enhance living or working spaces.

London October Opening

Technogym has been upgraded to the Gold Medal by Ecovadis

First step for Milano Wellness City 2030: Technogym Outdoor

As part of the Milano Wellness City 2030 project — a social initiative promoted by the Wellness Foundation to foster a new culture of well-being in Milan — Technogym has installed its first Technogym Outdoor island in the Indro Montanelli Gardens, near Porta Venezia.

Revenue growth at constant F/X +10.4%

264.8 (46.9%) 86.7 (15.3%) 86.4 (15.3%) 70.8 (12.5%) 56.4 (10.0%) 9M 2023 293.7 (47.2%) 95.7 (15.4%) 86.4 (13.9%) 81.2 (13.1%) 64.5 (10.4%) 9M 2024 EUROPE (EXCL. ITA) AMERICAS* APAC MEIA ITA 565.2 621.6 +10.0% 2024 vs Y-1 +10.9% +10.4% +0.0% +14.6% +14.4% Strong growth in MEIA, Europe and Americas

* includes North America and Latam

Growth in both segments

* includes E-Commerce and Teleselling channels

2024 vs Y-1

+9.5%

+12.1%

+0.9%

+35.0%