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Investor Presentaiton

Group Structure HOLDING ⚫ Listed Euronext Milan Market, STAR segment ⚫ 64.77% controlled by Finhold S.r.l. - 35.23% Floating & Treasury shares SALCEF GROUP EURONEXT MILAN STAR COMMERCIAL BRANCHES OPERATING COMPANIES SALCEF GROUP SALCEF 100% SALCEF S.p.A. EUROFERROVIARIA FRANCESCO VENTURA SALCEF CHOUP 44 (RS-TITL GALEEF ROUP KOT 1 FEVRIE 100% EURO FERROVIARIA S.r.l. 100% FRANCESCO VENTURA 100% 55% Consorzio Stabile Contese 96% Consorzio Stabile Itaca S.c.a.r.l. COSTRUZIONI FERROVIARIE S.r.l. COGET IMPIANTI 100% COGET IMPIANTI S.r.l. SALCEF GROUP RECO srt Overail SALCEF SALDEF GROUP ALMAN 211E:KISB HALU HANY 4. SALCEF GROUP DEUTSCHLAND SALCEF LISA SALCEF GROUP SALCEF GROUP 100% RECO S.r.l. 100% SRT S.r.l. 100% OVERAIL S.r.l. 100% SALCEF DEUTSCHLAND GmbH 100% SALCEF USA Inc. 100% 100% 100% 100% Salcel Bau GmbH TCP 10. BAHNBAUNORD SCHWE SOTCAM NORD BAHNAICHERUNG NORD SALCEF GROUP SALCEF EGYPT CONSTRUCTION 99.48% SALCEF EGYPT CONSTRUCTION SALCEF DELTA SMACEP GROUP 100% Salcef Railroad Services Inc. 90% Delta Railroad Construction Inc. CROATIA NORWAY UAE ROMANIA SWITZERLAND AUSTRALIA EGYPT ROMANIA SAUDI ARABIA EGYPT LO 5 60% Salcef Nordic AS 100%
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