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Investor Presentaiton

Energy, Signalling & Telecommunication SALCEF GROUP Activities > Railway catenary, signalling, substations, telecommunication construction, ordinary & extraordinary maintenance (renewal activities) Construction and maintenance of infrastructure for high and medium voltage electricity transmission (aerial and underground) Strenghts High barriers to entry Clients' PQ and certifications ➤ Highly demanding working conditions Huge Italian and European investment plan (Terna 2023 Plan with € 21.0 Bn investments, + 17% vs. previous Plan) Served Markets FY 2022 operational update > 2022 Revenues at € 87.3 MIn, up 51.1% YoY mainly due to: . • • Activities within the new 3-year framework agreements with RFI Consolidation of the railway business unit acquired by PSC Group Growing contribution from Germany and from the new contracts acquired in 2021 Signalling activities increasing their weight in the business, now at approx. 9% of the total 2023 will benefit from the full contribution of the new business unit REVENUES BY BUSINESS SEGMENT 1,1% 9,4% 25,9% 63,6% Catenary Power Transmission (HV & MV) Signalling Substations 17
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