Franchetti S.p.a. · MIL:FCH
Franchetti — Investor Presentation (October 2026)
36 slides from Franchetti's investor presentation, October 2026
Slide 1: Franchetti Spa Investor Presentation
Franchetti Spa Investor Presentation October 2026 1
Slide 2: Today Speakers
Today Speakers Paolo Jacopo Nembro Alexandre Franchetti Head of Finance Dittert CEO & Partner GM Brazil • Experienced civil • Experienced • Civil Engineer with 25+ engineer, financial manager, years of expertise in specialized in the specialized in debt infrastructure, port, dynamics of structuring
Slide 3: Index
Index Group Overview Growth Strategy 1H2026 Financial Results Outlook & 2026-2028 Business Plan Annex 3
Slide 4: Group Overview
GROUP OVERVIEW 4
Slide 5: Who we are
Who we are Franchetti Franchetti is a multinational engineering and technology group specialised in predictive maintenance for critical infrastructure, supported by proprietary software solutions with high technological content. The Group operates in a market underpinned by strong long-term structur
Slide 6: End to end capability
Strategic Positioning Life cycle of infrastructure and services provided • Design and inspection of bridges, buildings and roads Infrastructure Design and • BIM design with a dedicated team • Automated quantity take-offs to optimise the design testing • Optimisation of site organisation Construction
Slide 7: Investment Highlights
Investment Highlights Strong positioning in a structurally growing infrastructure monitoring market Proprietary software suites and algorithms Solving major pain points for infrastructure managers High profile B2B customers Large operators and global infrastructure funds Large addressable market 1,0
Slide 8: Proprietary software for structural & infrastructure assets
Proprietary software for structural & infrastructure assets • Digitalization of the inspection • Simulation of deterioration processes, • Technical audit of inspections and of • Analysis and management of real process for civil infrastructure and development of predictive the structural and infrastr
Slide 9: Large B2B customers
Large B2B customers Leading public and private infrastructure operators, both domestic and international: Partner * Served indirectly *Key clients of Franchetti & Merola (excluding ECR) 9
Slide 10: Large addressable market
Large addressable market Report McKinsey «The Infrastructure Moment» (September 2025) Analysis of trends in the global infrastructure market Range of opportunities for Estimated global investment Potential share for Category Franchetti Examples of activities relevant to Franchetti (1.000 billion USD
Slide 11: Large addressable market
Large addressable market Report McKinsey «The Infrastructure Moment» (Settembre 2025) Geographical breakdown of opportunities • Asia: (66%)– driven by urbanisation and megacities. • Americas: (15%) – focus on infrastructure and digital renewal. • Europe: (12%) – strong demand for renovation and clim
Slide 12: Growth Strategies
GROWTH STRATEGIES 12
Slide 13: Clear growth model
Clear growth model Investment and endogenous growth Acquisition and exogenous growth strategy • Proprietary industrial and technological platform: built on • Targeted M&A to scale operations and access larger strong engineering know-how, the main drivers of organic contracts. growth for the next pha
Slide 14: Companies acquired over the years
Companies acquired over the years Completed transactions DATE MARKETS CONTRIBUTION TO THE GROUP AREA Technologies for large structures and public Therapy March 2023 Italy and private buildings maintenance December Engineering skills and design of steel Therapy Italy 2024 structures maintenance Europ
Slide 15: 1H2026 Financial Results
1H2026 FINANCIAL RESULTS 15
Slide 16: 1H 2026 – A Step Change in Scale and Quality of Growth
1H 2026 – A Step Change in Scale and Quality of Growth Strong business expansion combined with improved revenue conversion, better working capital efficiency and controlled financial leverage • Revenues increased more than 5x to €12.7m, while VoP reached €14.5m (+155%), marking a significant step ch
Slide 17: Financial Highlights
Financial Highlights Value of Production (in €m) Ebitda (in €m) Ebit (in €m) 14.5 3.8 3.0 +155% vs 5.7 1H2025 +112% vs 1.8 1H2025 +196% vs 1.0 1H2025 Net Financial Debt (in €m) NFD/Ebitda Net result (in €m) 1.6 8.4 1.1x vs 2.1 as 31 Dec. ‘25 on an annualized basis vs 0.3 1H2025 The acquisition of EC
Slide 18: Value of Production – Significant evolution of the VoP
Value of Production – Significant evolution of the VoP Value of Production (in €k) Breakdown Value of Production (in €k) CAGR 23-26: +71.5% 16,000 14,545 14,000 +154.5% 12,000 10,000 8,000 5,715 6,000 4,000 3,520 2,885 2,000 - 30.06.2023 30.06.2024 30.06.2025 30.06.2026 • Revenues from sales (12.8 €
Slide 19: Profit & Loss
Profit & Loss EBITDA (in €k) EBIT (in €k) Net Result (in €k) +112% +196% • EBITDA margin approx. 26% of VoP, remaining at high levels during a phase of strong expansion in size and integration of the new perimeter (margins reflect a natural consolidation phase, while the commercial, industrial and t
Slide 20: Balance Sheet
Balance Sheet Net Working Capital (in €k) Assets (in €k) 16.684 17.388 12.981 11.329 • Net Working Capital increase mainly the inclusion of the • Intangible assets increase mainly due to the ECR Group’s working capital within the perimeter. consolidation of the new perimeter and investments in At th
Slide 21: Net Financial Debt
Net Financial Debt Net Financial Debt (in €k) Equity (in €k) 25.510 22.029 • Net Financial Debt increase but remains largely sustainable, with leverage (NFD/EBITDA) of 1.1x 21
Slide 22: Outlook & 2026-2028 Business Plan
OUTLOOK & 2026-2028 BUSINESS PLAN 22
Slide 23: Outlook
Outlook • The Group expects positive operating performance for fiscal year 2026, in line with the targets of the 2026-2028 Consolidated Business Plan • Management will focus on integrating the ECR Group, progressively realizing commercial, industrial and technological synergies and executing the agg
Slide 24: Guidelines underlying the 2026–2028 Business Plan
Guidelines underlying the 2026–2028 Business Plan • Evolution of the software • Leveraging the suite and integration of integration of engineering advanced technologies expertise, proprietary (e.g. AI, digital twin and technologies and advanced data analytics) operational capacity • Continuous inves
Slide 25: 2026–2028 Financial Targets
2026–2028 Financial Targets Value of Production EBITDA Leverage (NFD/EBITDA) ≈1.5x CAGR ≈40% CAGR >40% at the end of the Plan 2025A 2026F 2027F 2028F 2025A 2026F 2027F 2028F * The average growth rates were calculated using the 2025 financial statements as the starting point (which does not consolida
Slide 26: Thank you
Thank you 26
Slide 27: Annex
ANNEX 27
Slide 28: Franchetti's History
Franchetti’s History 2005 2013 2015 2022 2023 2024 2025 Specialization Foundation Contract for IPO on EGM: Acquisition • Strengthening Closing of the in the field of of Franchetti the Rio-Niterói EUR 2.5 million of Gallo of management acquisition of existing and brazilian Bridge, of capital Technics
Slide 29: Management Team
Management Team Paolo Franchetti Michele Frizzarin Gianluca Del Fabbro Omar E. Salustri Alexandre Dittert Ashley Langfod CEO & Partner R&D Director, Partner GM Italy CFO - Franchetti Italy GM Brazil Country Manager Canada -US • Experienced civil • Structural engineer, • Management engineer • Civil E
Slide 30: Listed group with a strong international presence
Listed group with a strong international presence Group structure chart Board of Directors Paolo Franchetti Chairman and CEO FRANCHETTI AXON PARTNERS ALGEBRIS MARKET HOLDING S.R.L. GROUP INVESTMENTS LTD Michele Frizzarin Director 54.1% 26.3% 11.8% 7.8% Rony Hamaui Director Ordinary shares Davide Cro
Slide 31: Consolidated Profit & Loss
Consolidated Profit & Loss (€) 30/06/26 30/06/25 Change Change % Revenues 12,755,260 2,568,524 10,186,736 397% Changes in inventories 1,669,471 3,146,003 -1,476,532 -47% Increases in fixed assets for internal works 120,000 0 120,000 100% VALUE OF PRODUCTION 14,544,731 5,714,527 8,830,204 155% Raw ma
Slide 32: Consolidated Balance Sheet
Consolidated Balance Sheet (€) 30/06/26 31/12/25 Change Change % Inventories 11,006,366 9,180,982 1,825,384 20% Trade Receivables 12,389,224 9,303,040 3,086,184 33% Trade payables -4,181,767 -3,440,278 -741,489 22% Trade Working Capital 19,213,822 15,043,744 4,170,078 28% Other assets 6,062,350 2,60
Slide 33: Consolidated Net Financial Debt
Consolidated Net Financial Debt (€) 30/06/26 31/12/25 Change Change % A) Cash and cash equivalents 3,589,432 6,883,586 -3,294,154 -48% B) Cash equivalents 0 0 0 0 C) Other current financial assets 0 0 0 0 C’) Other short-term assets 0 0 0 0 D) Liquidity (A+B+C) 3,589,432 6,883,586 -3,294,154 -48% E)
Slide 34: Consolidated Cash Flow
Consolidated Cash Flow Cash flow statement, indirect method 30/06/2026 30/06/2025 A. CASH FLOWS FROM OPERATING ACTIVITIES 1. Net income/(loss) for the year before income taxes, interest, dividends and gains/losses on disposals 2,617,909 1,001,764 Total adjustments for non-cash items with no balancin
Slide 35: Disclaimer
Disclaimer “This presentation and the information contained herein (unless otherwise indicated), are In all cases, the interested parties must carry out their own investigations and analyses of provided by Franchetti S.p.A. (“Franchetti”) solely for informational purposes. Franchetti which may inclu
Slide 36: Contacts
Contacts Investor Relations Manager Paolo Franchetti ir@franchetti.it IR Advisor T.W.I.N. franchetti@mytwincommunication.com Certified by: 36