Slide 1: 2025 nine months results
2 0 2 5 n i n e m o n t h s re s u l t s INVESTORS LIVE STREAMING PR ESEN TA TION
Slide 2: Disclaimer
disclaimer This presentation has been prepared by Eurotech S.p.A. (or “Eurotech”) and has to be read in conjunction with its oral presentation. The information contained in this presentation does nor purport to be comprehensive. Neither Eurotech nor any of its officers, employees, advisers or agents
Slide 3: Business update
@eurotech business update UNLEASHING THE POWER OF THE EDG
Slide 4: Financial highlights
financial highlights Q3-25 EBITDA almost @ breakeven vs Q3-24 EBITDA @ -0.8M€ with comparable revenues 9 months Revenues down YoY -18.2% improving from -26.6% on H1 Gross Profit Margin @ 49.3%, stable over quarters in 2025 confirming a good mix of products sold & purchasing cost control Net OPEX dow
Slide 5: Work in progress: a strategic plan for next two years
work in progress a strategic plan for next 3 to 5 years Pillars of our #rethink initiative: Reclaim Engineering Excellence Combine hardware and software building blocks into customer-focused unique solutions that leverage our core DNA. Leverage Cybersecurity Capabilities Strengthen our position as p
Slide 6: Road ahead in the short term: back to positive EBITDA
road ahead in the short term: back to positive EBITDA H2 >> H1 on revenues H2-25 > H2-24 confirming trend inversion Order intake +25% YoY sustaining positive trend FY25 vs FY-24: revenues slightly below YoY due to H1 performance, but… FY-25 EBITDA materially better than FY-24 due to H2-25 revenue re
Slide 7: Financial update 9M 2025
financial update 9M 2025 #7
Slide 8: Revenues are recovering
revenues are recovering trend inversion in Q3 but nine months impacted by weak H1 All values in € million 43.0 -0.3 -2.2 35.2 #Legacy embedded business -5.3 impacted by contraction in US #Edge AIoT contracting mainly due to economic crisis in Germany in H2 2024 but recoveing in Q3 9M FX Delta edge D
Slide 9: EU area consolidates first place
EU area consolidates first place revenues breakdown by end-customer location other other 7.4 9.7 #Europe confirmed as first market % % JP 24.7 #Japan consolidating second place % 9M 9M 2024 JP 29.9 % 2025 54.9 EU #US showing different distribution % of revenues between quarters in 2025 54.1 13.8 % v
Slide 10: EBITDA helped by lower break-even point
EBITDA helped by lower break-even point opex reduction almost compensates top line weakness All values in € thousand 5,035 990 -41 -3,305 -739 -3,751 -4,254 -1,593 -5,344 -3,905 -837 EBITDA Non Fx rate EBITDA ADJ Lower Lower Opex Capex EDITDA ADJ Non EBITDA 9M 24 Act recurring effect 9M 24 Act Volum
Slide 11: Balance sheet affected by reduction of NWC
balance sheet affected by reduction of NWC NFP improving 1.0M€ vs year-end 2024, sustained NWC down 4.3M€ vs year-end 2024 driven by collection by Emera capital injection of trade receivables 0.7 All values in € million 14.7 -0.5 5.9 -0.5 -19.4 -2.9 -0.2 -20.4 -0.3 10.4 -1.3 -2.0 -2.1 FY FX Cashflow
Slide 12: Key takeaways
@eurotech key takeaways UNLEASHING THE POWER OF THE EDG
Slide 13: Key takeaways
key takeaways Q3 revenues flat YoY Good order intake, with significant 9M revenues down 18.2% YoY improvement YoY and book-to-bill >1 but improving vs -26.6% in H1 since April GPM stable over quarters and Net Opex (running costs) down Updated strategic plan in progress 5.0M€ YoY mitigating impact of