2023-2025 Business Plan

FY 2022 RESULTS Investments in new production capacity to fuel long term growth Net capex at €59.0m, of which €9.0m related to acquisitions Capex at €59.0m, of which €9.0m related to new entities in the consolidation perimeter¹ Investments in new production capacity at €34.3m supporting expected revenue increase, including over 10,000 sqm of production areas acquired in Q2 and Q3 . Accelerating on product development and R&D with investments increasing 11.9% YoY at €19.5m mostly in Q4 Breakdown by nature/ (reported figure) Quarterly evolution / (Єm, reported figure) 17.3 15.4 YoY comparison / (Єm and % on Net Revenues New Yachts) 19.9 59.0 59.0 8.4% 8.0% 49.2 50.0 6.7% 58.2% New industrial capacity €34.3m +28.4% 4.3% Recurring industrial €2.6m +2.1% 6.3 33.1% R&D and product development €19.5m +11.9% Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 FY 2021 FY 2022 FY 2022 4.4% Other investments €2.6m +1.6% at costant perimeter reported figure Investments refer to increases in property, plant and equipment and intangible assets, 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). Polo Nautico Viareggio S.r.I., I.C.Y. S.r.I. and Equinoxe S.r.l. 1. 17

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