Tesmec

Capital/Financing Update • Sep 27, 2025

Informazione Regolamentata n. 1155-39-2025	Data/Ora Inizio Diffusione 27 Settembre 2025 15:10:02		Euronext Star Milan
Societa'	:	TESMEC
Identificativo Informazione Regolamentata	:	210348
Utenza - referente	:	TESMECN06 - Turani Angela
Tipologia	:	REGEM
Data/Ora Ricezione	:	27 Settembre 2025 15:10:02
Data/Ora Inizio Diffusione	:	27 Settembre 2025 15:10:02
: Oggetto		Tesmec S.p.A.: Pool financing operation of Euro 55 milion, aimed at refincing existing debt and supporting the industrial growth plan, resulting in an extension of the average debt duration

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TESMEC S.P.A.: POOL FINANCING OPERATION OF EURO 55 MILLION, AIMED AT REFINANCING EXISTING DEBT AND SUPPORTING THE INDUSTRIAL GROWTH PLAN, RESULTING IN AN EXTENSION OF THE AVERAGE DEBT DURATION

Grassobbio (Bergamo), 27 September 2025 – Tesmec S.p.A. (EURONEXT STAR MILAN: TES), ("Tesmec" or "Company"), a company at the head of a leading group in the market of technologies dedicated to infrastructure (overhead, underground and rail networks) for the transport of electricity, data and materials, as well as technologies for quarrying and surface mining, announces that today completed the signing of a pool financing operation for a total amount of Euro 55 million, structured through four distinct financing agreements with several leading financial institutions. In the context of the operation, Banca Finint acted as Agent Bank and SACE Agent.

The operation marks a significant milestone in the Group's development trajectory, supporting a balanced growth strategy focused on profitability and financial soundness. This initiative is fully consistent with Tesmec's long-term strategy, which leverages strong technological positioning and core markets with solid growth potential.

The financing operation is composed of four lines, structured as follows:

• Line A1 and Line A2, amortizing, respectively of Euro 39,150,000 and Euro 5,850,000, both aimed at the partial early repayment of existing medium-to-long-term debt and at supporting the Group's needs related to the industrial plan;
• Line B and Line C, amortizing, of Euro 5 million each, aimed at supporting the Group's industrial plan and investments.

The final maturity date is set for December 31, 2031, with quarterly principal repayments starting from December 31, 2026, for Line A1, Line A2, and Line B, and from September 30, 2028, for Line C. Line A1 and Line A2 are partially guaranteed by SACE Growth on 70% of the amount. The financing agreements include standard undertakings and financial covenants in line with market practice.

The disbursement, subject to the fulfilment of the conditions' precedent, in line with market practice for similar transactions, is expected on Monday, September 29, 2025.

In the context of the operation, Tesmec S.p.A. was assisted by the law firm Chiomenti, while the financing banks were advised by PedersoliGattai.

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For further information:

Tesmec S.p.A. Fjorela Puce Investor Relations Manager Tel: +39 035 4232911– Fax: +39 035 3844606 E-mail: ir@tesmec.com

Image Building - Media Relations Alfredo Mele, Carlo Musa, Federica Sivelli Tel: +39 02 89011300 E-mail: tesmec@imagebuilding.it

This press release is available in the section: http://investor.tesmec.com/en/Investors/PressReleases

Tesmec Group

Tesmec Group is active in the design, production and marketing of systems and integrated solutions for the construction, maintenance, and diagnostics of infrastructures (overhead, underground and railway networks) for the transport of energy, data and materials, as well as technologies for quarries and surface mining. The Group operates in the following sectors: - Energy. Tesmec Group designs, manufactures, and markets machines and integrated systems for the construction and maintenance of overhead and underground power lines, fiber optic networks (Stringing segment), as well as advanced equipment and systems for the automation, efficiency, management and monitoring of high, medium and low voltage electrical networks and substations (Energy Automation Segment); - Trencher. Tesmec Group carries out the design, production, sale and rental of trencher machines functional to four types of activities (excavation and mines, excavations for the installation of pipelines, for the construction of telecommunication and optical fiber infrastructures, excavations for the construction of underground power networks), as well as the provision of specialized excavation services. The trencher machines are rented by the Group both with the operator (hot rental or wet rental) and without the operator (cold rental or dry rental); - Railway. The Group designs, manufactures and markets machines and integrated systems for the installation and maintenance of the railway catenary, devices for the diagnostics of the railway catenary and track, as well as customized machines for special operations on the line.

Born in Italy in 1951, the Group counts on more than 900 employees and has its production sites in Grassobbio (Bergamo), Sirone (Lecco), Monopoli (Bari) and Bitetto (Bari) in Italy, Alvarado (Texas) in the USA and Durtal in France. It relies on three research and development units in Fidenza (Parma), Padua and Patrica (Frosinone). Listed on the EURONEXT STAR MILAN of the Euronext Milan market of the Italian Stock Exchange, the Group boasts a global commercial presence through foreign subsidiaries and sales offices in the USA, in South Africa, West Africa, Australia, New Zealand, Russia, Qatar and China. In its development strategy, the Group intends to consolidate its position as a solution provider in the three abovementioned business areas, by exploiting the trends of energy transition, digitalization, and sustainability.