Investor Presentaiton

Total Net Sales and Adj. Ebitda trend NET SALES TREND (M€) ADJ. EBITDA TREND (M€) Total Base IFRS 16 49/51 48,4 38,7 32,9 31,3 41,8 39,2 41/43 1.040/1.060 40,4 1.005,7 1.041,5 28,9 33,2 36,1 937,8 952,8 788,7 789,0 31,3 32,9 9,8 8,0 8,0 6,0 FY 2017 pro- forma FY 2018 FY 2019 FY 2020 Guidance 2021 Rev. 9M 2020 5,7 9M 2021 (*) May 21 +0,04% Ebitda Margin 3,3% 3,4% 3,8% 4,6% 4,8%(**) 5,0% 5,3% FY 2017 pro- forma (*) FY 2018 FY2019 FY 2020 Guidance 2021 Rev. May 21 9M 2020 9M 2021 Total y.o.y +36,9% +1,6% +5,6% +3,6% +1,8% (**) • Steady Sales growth over the last years - Total growth +3,6% Cagr 2017-2020 - 9M 2021 sales are in line with LY • Robust Adj. Ebitda growth - - All in all Cagr 2017-2020 stands at +15,6% Excl. IFRS 16 Cagr 2017-2020 is equal to +8,8% • In 9M 2021 achieved an remarkable Adj. Ebitda growth, +6,6%, and Margin to sales at 5,3% (*) 2017 Pro forma data take into account all the effects of the acquisition carried on during the year 2017. Limited to this purpose, the acquired companies have been assumed fully controlled from Jan. 1,2017. (**) maximum value Filli Orsero QUALITA GRUPPO ORSERO 32

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