Technogym — Investor Presentation 2025

May 8, 2025

Q1 2025 Revenue

Cesena – 8 th May, 2025 Investors Presentation

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.

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

Index

Technogym Statement CEO remarks

Latest events

"Healthness Launch", "The Art of Wellness" and Milano Design Week

Product Innovation

Technogym Reform, Personal Tools, Artis Luxury

Financials

Our Performance

Nerio Alessandri

Technogym Founder and CEO key comments

Following a strong double-digit growth in 2024, Technogym continues to perform well across all geographic regions.

In a global context where poor habits, pollution, and technology overuse are threatening both individual health and the planet's sustainability, scientific studies confirm that physical exercise is the most effective driver of prevention and well-being.

Technogym's long-term journey of sustainable and profitable growth in the long term—driven by 40 years of continuous innovation- is delivering results. Today, Technogym is a true Lifescience Company, with our pioneering vision of Healthness answering the strong demand for health and healthy longevity.

Building on the many innovations launched in 2024, such as Technogym Checkup, product innovation continues. In recent weeks, Technogym introduced Technogym Reform—a breakthrough in the Pilates space.

LATEST EVENTS HealthnessTM Launch, "The Art of Wellness" and Milano Design Week

Technogym launches HealthnessTM Cesena, February 15th

After 40 years of Wellness, Technogym launches Healthness and becomes a Life Science Company

GENETICS ACCOUNT FOR ONLY 20% OF HEALTH WHILE LIFESTYLE FACTORS CONTRIBUTE 80%

Physical exercise is considered a true medicine, and Healthness represents preventive healthcare, to improve physical performance and ensure healthy longevity.

HEALTHNESSTM Era

Technogym disruptive innovations towards HealthnessTM

"The Art of Wellness" book by Assouline New York, March 7th

Technogym, in partnership with the prestigious publishing house Assouline, presents the book "The Art of Wellness"

THIS PHOTOGRAPHIC VOLUME CELEBRATES TECHNOGYM'S DESIGN AND THE VISION OF THE BRAND THAT HAS TRANSFORMED THE FUNCTIONAL CONCEPT OF FITNESS INTO AN EMOTIONAL EXPERIENCE BY MAKING ITS PRODUCTS GENUINE WORKS OF ART AND LEVERAGING SCIENCE AND DIGITAL INNOVATION.

The art of Wellness Exhibition Milano Design Week

TECHNOGYM KICKED OFF MILAN DESIGN WEEK 2025 WITH AN UNFORGETTABLE EVENT TO INAUGURATE THE ART OF WELLNESS - AN EXHIBITION CELEBRATING THE EVOLUTION OF WELLNESS DESIGN.

FROM THE ANCIENT POMMEL HORSE AND EARLY EXERCISE BIKES TO TODAY'S AI-POWERED TECHNOGYM ECOSYSTEM, EQUIPMENT, DIGITAL SERVICES, AND ON-DEMAND TRAINING.

PRODUCT INNOVATION Reform, Personal Tools, Artis Luxury

Technogym Personal Tools

The new ARTIS LUXURY product line

FINANCIALS Revenue –Q1 2025

Revenue growth +14.7%

Up everywhere

	+14.7%
	215.0		2025 vs Y-1
187.5
88.5 (47.2%)	103.9 (48.3%)	EUROPE (EXCL. ITA)	+17.5%
27.8 (14.8%)	35.7 (16.6%)	AMERICAS*	+28.3%
25.4 (13.6%)	28.1 (13.1%)	MEIA	+10.5%
26.0 (13.9%)	26.5 (12.3%)	APAC	+1.9%
19.7 (10.5%)	20.7 (9.6%)	ITA	+5.0%
Q1 2024	Q1 2025

* includes North America and Latam

Growth of both BtoB and BtoC

Strong increase by field sales and retail

* includes E-Commerce and Teleselling channels