Exor Investor Day

WE HAVE CONTINUED TO DELIVER ON OUR TARGETS OBJECTIVES Our Targets 2023YTD1 NAV/Share growth % Outperform MSCI World Index -28% vs. MSCI: ~13% Last 5 years² ~63% vs. MSCI: ~51% TSR CAGR % 8% ~32% -8% FCF³/ Dividend paid Above 1.0x -7.0x -3.0x EXOR KPIs Holding cost4 / GAV Below 10bps ~7bps ~6bps Loan To Value ratio % Below 20% ~10% ~8% 7237 1) 2) As of 23 November. KPI figures related to FCF and holding cost are annualized. Last 5 years as presented in the November 2022 presentation. 3) 4) FCF defined as dividend inflow - net general expenses - net financial income (expenses). Cash based holding cost. Exor 25 25

View entire presentation