Slide 1: Esprinet Group
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation may contain forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. Forward-looking statements may include, in particular, statements
Slide 3: FY 2025 Results
| esprinet FY 2025 RESULTS
Slide 4: 2025 Industry Insights
2025 Industry Insights ICT ACCELERATING AND DISTRIBUTION STRENGTHENING. EXPANDING MARKET DRIVEN BY AI, CLOUD, CYBERSECURITY AND ENERGY TRANSITION. The global economy, despite an initial scenario marked by geopolitical tensions, The progress of artificial intelligence, the refresh cycle of devices, t
Slide 5: FY 2025 Esprinet Group Highlights
FY 2025 Esprinet Group Highlights STRENGTHENED COMPETITIVE POSITIONING IN TECHNOLOGY - INTENSIVE MARKETS, CAPITALISING ON LONG - TERM STRUCTURAL TRENDS AND CONSOLIDATING ROLE AS A STRATEGIC HUB IN THE KEY SEGMENTS OF DIGITALISATION AND GREEN TECH. SALES DYNAMICS PROFITABILITY INDICATORS OUR VALUE ST
Slide 6: FY 2025 Sales Evolution
FY 2025 Sales Evolution Sales distribution trend in Southern Europe Italy Screens Devices Solutions & Green Tech 5% 5% 4% ICT DEMAND REBOUNDED AND SPAIN AND PORTUGAL POSTED TOP GROWTH IN THE EUROPEAN DISTRIBUTION PANEL. AI INFRASTRUCTURE AND SOFTWARE, TOGETHER WITH THE PC REFRESH CYCLE WERE THE STAN
Slide 7: P&L Q4 & FY 2025 of the Three Dimensions
P&L Q4 & FY 2025 of the Three Dimensions Revenues EBITDA Adj . EBITDA Margin Adj . 57.5 4% 2.1 6% 100% Q4 2025 Q4 2024 Delta Δ% Q4 2025 Q4 2024 Delta Δ% Q4 2025 Q4 2024 Delta 281.7 20% 80% 10.3 Screens 796.0 757.5 38.5 5% 19.8 10.3 9.5 92% 2.49% 1.36% 1.13% Devices 263.6 304.4 -40.8 -13% 0.3 6.3 -6.
Slide 8: Q4 & FY 2025 P&L Summary
Q4 & FY 2025 P&L Summary SOLID OPERATING PERFORMANCE: GROSS FROFIT MARGIN STABLE, COSTS UNDER CONTROL WITH FUTHER IMPROVEMENTS IN Q4 - 25, FINANCIAL EXPENSES DECREASING. • In FY-25 gross profit grew by 3% compared to the same period last year, thanks (M/€) 2025 2024 Var. % Q4 2025 Q4 2024 Var. % to
Slide 9: FY 2025 BS Summary
FY 2025 BS Summary NET FINANCIAL DEBT SLIGHTLY HIGHER THAN LAST YEAR'S CLOSING, OPERATING NET WORKING CAPITAL DYNAMICS UNDER CONTROL. • Net Invested Capital as of December 31, 2025 stands at 433.3 M€ and is covered by: (M/€) 31/12/2025 31/12/2024 30/09/2025 o Shareholders’ equity for 389.5 M€ (389.2
Slide 10: Working Capital Metrics - quarter average
Working Capital Metrics 4 - qtr average 100 35 32 31 90 30 29 30 28 28 28 27 27 80 26 26 26 23 24 24 25 70 22 22 22 21 60 20 20 17 50 88 87 88 87 15 40 13 13 13 84 84 83 84 12 78 77 77 80 72 75 75 73 69 70 68 70 68 66 66 30 62 62 9 59 57 58 58 59 57 58 5654 5754 5756 5655 10 8 8 52 54 54 53 54 55 55
Slide 11: Working Capital Metrics - quarter end
Working Capital Metrics quarter - end 100 50 44 90 41 39 36 37 40 35 35 80 33 33 31 32 29 29 70 26 30 25 22 60 16 20 15 16 14 50 12 89 90 88 89 90 85 34 85 86 83 10 40 82 81 79 82 77 76 4 2 70 73 72 72 73 68 66 68 69 66 66 -2 65 3 62 30 59 60 61 60 59 4 6060 56 58 55 -8 57 54 5759 59 55 5856 0 52 50
Slide 12: ROCE Evolution Up To Q4 2025
ROCE Evolution Up To Q4 2025 30.0% 25.0% 25.1% 23.2% 20.5% 20.0% 19.7% 17.6% 15.7% 16.2% 15.2% 15.8% 15.0% 14.0% 12.9% 13.3% 11.4% 14.4% 13.1% 10.9% 11.0% 10.0% 9.8% 11.6% 10.8% 9.4% 9.6% 8.1% 8.4% 10.2% 9.1% 8.0% 8.3% 8.6% 8.6% 8.2% 8.3% 8.2% 7.3% 6.9% 6.4% 7.1% 7.9% 7.6% 7.1% 6.5% 6.4% 8.0% 6.7% 6
Slide 13: Sustainability: Concrete Results and New Perspectives
Sustainability : C oncrete Results and New Perspectives 2025 MARKED THE CONSOLIDATION OF THE GROUP'S SUSTAINABILITY PATH. WHILE WE LOOK TO ACHIEVE EVER - GREATER RESULTS IN KEEPING WITH OUR VISION, WE KNOW THAT OUR JOURNEY STILL REQUIRES DETERMINATION AND PERSEVERANCE. IN THE CHALLENGE OF CLIMATE CH
Slide 14: Final Remarks
FINAL REMARKS
Slide 15: What to expect
What to expect TECHNOLOGY AND THE LANDSCAPE: THE FORCES RESHAPING MARKETS Geopolitical Scenario • Rapid deterioration of the geopolitical scenario with the conflict in the Middle East and impacts difficult to assess due to uncertainty about the duration and evolution of hostilities. • Possible energ
Slide 16: Looking Forward Into 2026
Looking Forward Into 2026 A SOLID, DIVERSIFIED AND FUTURE - ORIENTED GROUP READY TO TURN VOLATILITY INTO OPPORTUNITY DIVERSIFICATION DRIVING SUSTAINABLE GROWTH CREATING LASTING VALUE FOR ALL STAKEHOLDERS • Despite a complex geopolitical and macroeconomic • Diversification across its three divisions—
Slide 17: CEO Succession Process Underway
CEO Succession Process Underway GIOVANNI TESTA, GROUP CEO STARTING IN MAY 2026. The appointment of Mr. Testa completes the succession process for Alessandro Cattani, who served as Group CEO for over 25 years. Born in 1968, with a degree in Law, before taking on the role of Chief Operating Officerin
Slide 18: Q&A
Q&A 18
Slide 19: Upcoming Events
Upcoming Events EVENT DATE Attendance at Mid & Small | Paris Conference, March 17, 2026 organized by Virgilio IR Attendance at Euronext Milan STAR Conference, March 24, 2026 organized by Euronext Borsa Italiana Ordinary Shareholders’ Meeting April 23, 2026 Attendance at TP ICAP Midcap Conference, or
Slide 20: Thank you
Thank you GRAZIE GRACIAS OBRIGADO DANKE MERCI 4A} iat jit @ essenost