Strong and Resilient Growth Path

Q1 2022 Q1 2023 Q1 2022 Q1 2023 Key financial highlights - another quarter of solid results Net Revenues New Yachts¹ / (€m) EBITDA (Єm and % on Net Revenues New Yachts) 164.4 Q1 2022 25.7 15.8% +11.8% +21.2% 183.7 Q1 2023 31.2 17.0% EBIT/ (Єm and % on Net Revenues New Yachts) 19.8 12.1% Q1 2022 +22.0% 24.2 13.2% Q1 2023 Group net profit / (Єm and % on Net Revenues New Yachts) 14.0 8.5% +23.0% 17.2 9.4% Investments2 / (Єm and % on Net Revenues New Yachts) Net financial position³/ (€m) Q1 2022 6.3 3.9% 31-Dec-22 100.3 -5.1% +€7.8m Q1 2023 6.0 3.3% 31-Mar-23 108.1 1. Calculated as the sum of revenues from contracts with customers relating to new yachts (recognised over time with the cost-to-cost method) net of commissions. In accordance with IFRS standards, revenue calculation includes the difference between the value contractually attributed to the pre-owned boats traded in and their relative fair value 2. Increases in property, plant and equipment and intangible assets with a finite useful life, net of the carrying amount of related disposals (sale of office building in Massa for a net book value of €2.1m in Q1 2022) 3. Calculated in accordance with ESMA document 32-382-1138, 4 March 2021. A positive figure indicates a net cash position. IFRS 16 liabilities accounting for €8.7m as of 31 March 2023 and €7.8m as of 31 December 2022 23 23

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