Slide 1: Company Presentation
COMPANY PRESENTATION November 2022
Slide 2: Innovation-Driven Work Culture: Vision, Mission, Values
INNOVATION-DRIVEN WORK CULTURE VISION MISSION VALUES The world has been The companies in Many companies have recognising the history and SOMEC Group strive for practical project management culture of Italian construction and place innovative tailored and engineering capability, solutions for more th
Slide 3: From Local Company to International Group (2013-2017)
FROM LOCAL COMPANY TO INTERNATIONAL GROUP 2013 2014 2015 2016 2017 YEAR OF FOUNDATION NEW WHERE SKY BUOYANT SOMEC TAKES SOMEC TAKES OVER AND SPECIALISATION MANAGEMENT AND SEA MEET SHIPBUILDING OVER OXIN INOXTREND AND IN MARINE GLAZING INDUSTRY CREATES HYSEA In 1978, in the north-east of The sharehol
Slide 4: From Local Company to International Group (2018-2022)
FROM LOCAL COMPANY TO INTERNATIONAL GROUP 2018 2019 2020 2021 2022 STOCK MARKET SOMEC TAKES OVER TSI THE GROUP EXPANDS SOMEC LAUNCHES DEVELOPMENT OF LISTING AND AND COMPLETES ITS AND CONSOLIDATES A NEW GROUP MESTIERI AND THE NEW TAKEOVERS SEASCAPE STRATEGY ITS CENTRALISATION IDENTITY AMERICAN MARKET
Slide 5: Segments and Companies
SEGMENTS AND COMPANIES TOTAL REVENUES (€m) 1H 2022 152 1H 2021 128 SUSTAINABILITY SOMEC has made a commitment to sustainability, a responsibility shared by every business area. The SOMEC Group’s business operations are reported through an ESG (Environmental, Social & Governance) evaluation. In 2021
Slide 6: Segments and Companies: three macro segments
SEGMENTS AND COMPANIES Buoyed by a reputation built on the results of corporate growth and development, the SOMEC Group has become a world of companies specialising in three macro segments: * * Non-binding LOI 6
Slide 7: Group Companies
GROUP COMPANIES 3.0 PARTNERS USA INC. Easancs WA SQMec SQUADRA frets ; WASOMEC A bluesteel VA SQMEC Bluestee! Group UK LTD ; Bluestee! Group USA INC, VWANAVALTECH MAsotRabE Sotrade Italy Sotrade Finland sGiICO st INOXTREND 89 PRIMAX $2 PIZZAGROUP PIZZA GROUP USA LLC um (lif MESTIERI MESTIERI USA INC
Slide 8: Global Delivery
GLOBAL DELIVERY * Non-binding LOI 8
Slide 9: Together for a Successful Business
TOGETHER FOR A MANAGEMENT SHAREHOLDING STRUCTURE OF SOMEC SPA SUCCESSFUL BUSINESS 0.33% Treasury shares 24.28% Free float Since 2013 the SOMEC Group management team have been committed to a long-term growth strategy, with a shared vision 0.39% Oscar of maintaining the company’s standing as a hub of
Slide 10: Project Cycle
PROJECT 1 3 5 CYCLE PRE-SALES SELECTING MATERIALS INSTALLATION The most complex phase, The SOMEC Group works With more than 300 major which includes references, with different materials projects delivered, tested preliminary engineering depending on the sector. and approved, the SOMEC Group with the
Slide 11: Total Internal Management
TOTAL INTERNAL MANAGEMENT 14% 14% The SOMEC model sets itself apart thanks ADMINISTRATION RESEARCH, to the development of original systems AND STAFF Creating a profitable DEVELOPMENT AND ENGINEERING and the in-house management of the business Focusing on design, 126 128 engineering and entire produc
Slide 12: Engineered Systems of Naval Architecture and Building Façades
ENGINEERED SYSTEMS OF NAVAL ARCHITECTURE AND BUILDING FAÇADES The SOMEC Group is one of the major players in North America and Europe when it comes to the design, procurement, production, installation and maintenance of innovative solutions and original building and ship construction systems charact
Slide 13: The Companies
ENGINEERED SYSTEMS OF NAVAL ARCHITECTURE AND BUILDING FAÇADES THE COMPANIES Innovative, high-performance Façade systems for all types Construction and installation glass enclosures for cruise of buildings, encompassing of curtain walls, doors and ships, quality endorsed by the idea of architects, wi
Slide 14: Focus on USA / Focus on Europe
FOCUS FOCUS EPFL ME BÂTIMENT DES NEUROPROSTHÉTIQUES ON USA ON EUROPE Ecublens - Lausanne NEW YORK’S CLIMATE CHANGE FACADES MARKET TRENDS LEGISLATION IS RESULTING IN EUROPE: SOCIAL ASPECTS, IN THE CITY CHANGING FACE SAFETY AND SUSTAINABILITY AND SHOWING A NEW LOOK ARE THE KEY DRIVERS The City of New
Slide 15: Project references: ships and buildings
COSTA SMERALDA ENCHANTED PRINCESS 2050 M STREET Costa Crociere Princess Cruises Washington, DC TWA FLIGHT CENTER HOTEL THE SUDBURY NORWEGIAN PRIMA Jamaica Queens, NY Boston, MA Norwegian Cruise Line
Slide 16: Professional Kitchen Systems and Products
PROFESSIONAL KITCHEN SYSTEMS AND PRODUCTS The SOMEC Group designs integrated, bespoke systems for professional kitchens, which harmoniously combine high-end aesthetics and superior performance levels. Turnkey solutions for the catering and hospitality industry, characterised by endorsed standards of
Slide 17: The Companies
PROFESSIONAL KITCHEN SYSTEMS AND PRODUCTS THE COMPANIES Turnkey ship catering solutions, Bespoke professional kitchens with management of the entire with high performance and product cycle, from customised reliability characteristics, design through to production supporting international chefs and i
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Slide 19: Mestieri: Design and Production of Bespoke Interiors
MESTIERI: DESIGN AND PRODUCTION OF BESPOKE INTERIORS The SOMEC Group delivers bespoke interior design projects. Fluid settings, characterised by sophistication and attention to detail, which emphasise the beauty in that detail, and understand and satisfy customer requirements. High-calibre expertise
Slide 20: The Made-in-Italy Ability to Create the Overall Growth of the Group
THE MADE-IN-ITALY ABILITY TO CREATE THE OVERALL GROWTH OF THE GROUP 20
Slide 21: The Companies
DESIGN AND PRODUCTION OF BESPOKE INTERIORS THE COMPANIES Fully personalized interior design solutions for various high-end settings, made with noble materials expertly processed using cutting-edge techniques. Sophisticated creations that make an impact, perfectly blending perfectionism and genius. A
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Slide 23: SOMEC S.p.A. 1H 2022 Key Figures
SOMEC S.p.A. 1H 2022 KEY FIGURES
Slide 24: Order Backlog Analysis
ORDER BACKLOG ANALYSIS 923 €m Backlog (30.06.2022) 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 1 .2 % 2 8 .5 % 2 6 .5 % 1 2 .4 % 1 0 .4 % 6 .6 % 2 .8 % 1 .4 % 0 .2 % 1H 2022 TOTAL BACKLOG 1H 2022 BACKLOG BY BUSINESS DIVISIONS €m - IAS/IFRS BY CRUISE OPERATOR 93 €m Mestieri: design and production
Slide 25: Key Figures
KEY FIGURES 1H 2022 1H 2022 TOTAL REVENUES 1H 2022 TOTAL REVENUES RESULTS €m - IAS/IFRS BY GEOGRAPHICAL AREA BY BUSINESS DIVISIONS 21.6% 9.2% Mestieri: design and production Rest of the World of bespoke interiors 32.1% Italy 20.3% Professional kitchen systems and products 39.1% North America 58.1% 1
Slide 26: Operating Performance
OPERATING PERFORMANCE RECLASSIFIED CONSOLIDATED INCOME STATEMENT RECLASSIFIED CONSOLIDATED STATEMENT OF FINANCIAL POSITION 26
Slide 27: Operating Performance
OPERATING PERFORMANCE CONSOLIDATED NET FINANCIAL POSITION RECLASSIFIED CASH FLOWS CONSOLIDATED STATEMENT Net financial position as defined by the new ESMA Guidelines dated 4 March 2021 (see Consob Notice no. 5/21 of 29 April 2021) is shown in the explanatory notes to the Interim Consolidated Financi
Slide 28: Disclaimer
DISCLAIMER This document has been prepared by SOMEC S.p.A. (the ‘Company’) solely for the purposes of this presentation. This document may not be reproduced or distributed in whole or in part by any other person with any way than the Company. The Company takes no responsibility for the use of this d