Slide 1: Madrid Midcap Event
Madrid Midcap Event June 11th 2026 1
Slide 2: Company Overview
Company Overview Energy Time, founded in 2008, operates in the renewable energy market throughout Italy as a D-EPC-OM operator (Development, Engineering, 2008 €125 mn Procurement, Construction, Operation and Maintenance), with a focus on the Backlog Year of foundation photovoltaic segment. as of D
Slide 3: Integrated Business Model – D-EPC-OM
Integrated Business Model – D-EPC-OM Energy Time bases its business model on D-EPC-OM activities, encompassing the development, design, and construction of photovoltaic plant, up to the provision of maintenance services. • Energy Time has obtained approximately 70 MW of permits for photovoltaic plan
Slide 4: Industry Business System
Industry Business System SUPPLIERS CUSTOMERS Over the years, the Group has The Group operates as D-EPC-OM for B2B Customers: Industrial companies established strong relationships with its the construction of renewable energy aiming to become energy independent. suppliers, which are leading companies
Slide 5: Group History
Group History 2008 - 2012 2013 - 2021 2022-2025 Start-up e interazionalization Focus on the Italian market Comeback to the core business 2008 2013 2022 Establishment of Arco Energy S.r.l. and Repurchase of the shares of Premier Acquisition of the subsidiary ET WIND start of operations in the provinc
Slide 6: Evolution of Production Value
Evolution of Production Value € / mln 25,3 17,8 8,7 9,0 5,4 5,3 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Energy Time’s Production Value as of December 31, 2025, increased by approximately €7.5 million, with a +42% growth compared to the same period in 2024 (€17.8 million), reaching a value of €25
Slide 7: Revenue Model – Utility Scale
Revenue Model – Utility Scale The activities and phases of design, engineering, procurement, and construction of a photovoltaic system are similar regardless of size and power. Energy Time offers different revenue models depending on whether the plants have a capacity up to 1.5/2 MW or higher. Both
Slide 8: Revenue Model – Plants 1,5/2 MW
Revenue Model – Plants 1,5/2 MW The activities and phases of design, engineering, procurement, and construction of a photovoltaic system are similar regardless of size and power. Energy Time offers different revenue models depending on whether the plants have a capacity up to 1.5/2 MW or higher. Bot
Slide 9: Investment Highlights
Investment Highlights Backlog & Portfolio of Oversight of the entire Authorizations process Operational flexibility Meeting customer & innovation needs Customized financial Multi-year know-how solutions and track record Rapidly growing Sustainability Market Source: Management processing 9
Slide 10: Certifications and attestations
Certifications and attestations In the course of its activities, the Energy Time Group holds the following certifications and attestations: ISO 9001:2015 The Energy Time Group has been certified according to the ISO 9001 quality management standard since 2020, with the certificate renewed in 2023 an
Slide 11: Customers Diversification
Customers Diversification The Group serves different types of clients, mainly B2B customers such as industrial companies, IPPs, utilities, and specialized investment funds, as well as B2C retail customers. Energy Time does not maintain ongoing relationships with main clients, except for possible lon
Slide 12: Main Drivers of the Photovoltaic Market
Main Drivers of the Photovoltaic Market Reference Legislation The RePowerEU Plan (May 2022), based on the implementation of the "Fit for 55" package and part of the broader European Green Deal framework, refers to a set of proposals aimed at reducing net greenhouse gas emissions by at least 55% by 2
Slide 13: FY2025: Revenue and margin growth confirmed
FY2025: Revenue and margin growth confirmed Production Value EBITDA EBITDA margin 4,6 25,2 3,1 17,7 17,7% 18,4% 9,0 1,2 13,7% FY2023 FY2024 FY2025 FY2023 FY2024 FY2025 EBIT EBIT margin Net Profit Net Profit margin 4,4 3,0 2,7 1,6 17,5% 11,9% 15,4% 9,0% 1,2 0,5 12,7% 5,8% FY2023 FY2024 FY2025 FY2023
Slide 14: FY2025: Financial strength and cash generation
FY2025: Financial strength and cash generation Fixed Asset NWC Funds Net Debt (Cash) Net Equity 12,5 14,7 7,7 6,9 6,7 4,6 5,1 3,6 4,3 3,4 1,8 2,2 -0,13 -0,21 -0,20 FY2023 FY2024 FY2025 FY2023 FY2024 FY2025 Cash generation 1,83 2,30 0,32 0,46 0,15 Net Cash Flow Net Cash Flow Cash FY23 FY24 Cash FY24
Slide 15: IPO on Euronext Growth Milan
IPO on Euronext Growth Milan IPO INFORMATIONS Data July 24, 2025 Offering 100% OPS Investor book orders ~2.5x the offer Capital increase €5.0 mn Free float 23.81% Price per share €3,20 Equity Value €25.0 mn (€21.0 mn on ord. shares) ISIN IT0005660219 First day performance 18.8% ON ORDINARY SHARES SH
Slide 16: Stock performance
Stock performance *Only considering listed shares. The company also owns 1,250,000 multiple-voting shares in addition to the 6.562.500 listed shares. Considering all the 7.812.500 shares, the market cap is €54.7 million 16 Source: FactSet as of June 9, 2026
Slide 17: Strategic Guidelines
Strategic Guidelines 1 2 3 Implementation of the Expansion of M&A transactions €124 mln backlog operational capacity and strategic (as of Apr ‘25) & (staff and specialized partnerships new orders acquisition machinery) Adoption of new governance models in line with ESG strategies (231 Model, Code
Slide 18: Madrid Midcap Event
Madrid Midcap Event June 11th 2026 18