Investor Presentaiton

Revenues by Geography € Mln Domestic revenues materially growing 51.4% (28.8% organic) ➤ Strong performance in North America leading to a 34.3% organic growth outside Italy SALCEF GROUP 1Q 2023 1Q 2022 A (%) Italy 139.6 92.2 51.4% 87.0% Italy (85.6% in 1Q 2022) Europe [Excluding Italy] 6.9 7.4 (7.9%) 4.3% 7.4% North America 11.8 5.2 127.0% Europe (excl. Italy) (6.9% in 1Q 2022) North America (4.8% in 1Q 2022) 1.3% Middle East (0.7% in 1Q 2022) Middle East 2.1 0.7 190.3% 0% North Africa (1.9% in 1Q 2022) North Africa 0 2.1 n.m. Total 160.4 107.7 49.0% 38

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