2023-2025 Business Plan

4E Closing remarks • Strong acceleration of UHNWIs matched with low penetration in the potential market Leaders in the sustainable journey to carbon neutrality in yachting Progressive expansion in industrial capacity to support growth • Solid visibility of future performances • Strategic decisions driven by profitability. • Confirmed resilience of the excellent business model in a new scenario • Robust cash conversion • Sound use of cash: • 30-40% dividend pay-out expected, excluding extraordinary capex and M&A M&A based on selected criteria consistent with our brand positioning Infrastructure capex to further develop the High-end Services business © 2023 SANLORENZO S.P.A. 62 62

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