Slide 1: FY 2026 Results and Industrial Plan 2027-2028
FY 2026 Results and Industrial Plan 2027-2028 Corporate Presentation | July 16, 2026
Slide 2: Agenda
Alessandro Fabbroni Agenda Group’s Chief Executive Officer Jacopo Laschetti Head of Stakeholder Relations and Sustainability ▪ Group’s Business Model and Strategy ▪ Group’s Financial Results FY 2026 ▪ Group’s Industrial Plan FY 2027-2028 ▪ Annexes Financial Statements 2
Slide 3: Sesa Group Overview
Sesa Group Overview ▪ Leading player for the digital integration (Technology, Digital Platforms and Vertical Applications) of corporates and Leading Digital organizations: consolidated revenues of Eu 3,621 million (+7.9% Y/Y vs Pro-forma1, +10.6% Y/Y vs Reported) and 6,770 Integrator for people as o
Slide 4: AI adoption opportunity
AI adoption opportunity AI does extend the Sesa digital integrator role, combining technology, digital platform and vertical applications with AI adoption ▪ Italian digital market annual growth expected at 3.6% in 2026-2029, supported by increasing demand for Artificial Intelligence and Automation,
Slide 5: New Group Industrial Plan FY 2027-2028 Strategic Targets
New Group Industrial Plan FY 2027-2028 Strategic Targets1 ▪ Italian digital market (Eu 84.4 bn in 2025 +3.4% Y/Y) is expected to grow at approximately 3.6% annually through 2029, Market driven by AI adoption, cloud computing, cybersecurity and data management overview Key • Cloud Computing: Eu 8.7 b
Slide 6: Sesa Group Strategic Path
New Industrial Plan: Sesa Group Strategic Path moving from a bolt-on M&A approach toward a strategy focused on Organic Growth and Group Transformation as Digital Integrator IBM services, Growth acceleration infrastructure & Var Group Foundation Establishment of Sesa through M&A software System integ
Slide 7: Business Model and Organization
Business Model and Organization ▪ Leading Digital Integrator (Technology, Digital Platform and Vertical Applications), with focus on key digital enablers as AI and Automation, Cloud, Cyber Security and Digital Platforms; the Group operates through Vertical Business Units and Business Platforms ▪ Eu
Slide 8: Experienced Management Team committed to the Group
Experienced Management Team committed to the Group Key people equity and long-term commitment Group Long-term track record achievements Sesa Group equity partners focus on long-term development growth: REVENUES FY12 Eu 812.0 mn Group EAT Adj FY12 Eu 16.8 mn • Chairman and Sesa Founder in 1973 Paolo
Slide 9: Continuous and Sustainable Growth
Continuous and Sustainable Growth ▪ Revenues FY 2026 +7.9% Y/Y vs Pro-forma1 ▪ 6,770 people as of April 2026 (+3.6% Y/Y) ▪ Revenues CAGR 2012–2026 equal to 11.2% ▪ FY 2026 People Highlights 3,621 3,357 +7.9% 3,210 +4.6% 2,908 +10.4% ~𝟕𝟎0 ~20% +21.7% New People 2,390 Hires below 30 y/o 2,037…
Slide 10: Sustainability as a strategic driver and core part of Corporate Vision
Sustainability as a strategic driver and core part of Corporate Vision Purpose to create long-term, sustainable value for all stakeholders promoting innovation, including digital innovation, within businesses and organizations, as well as the well-being of people ESG as a strategic driver and core p
Slide 11: Evolution from bolt-on M&A expansion to organic growth
Evolution from bolt-on M&A expansion to organic growth From massive acquisitions to selected M&A: fewer deals starting from FY2026 84 Eu 848 million 4 M&A transactions annual revenue added selected M&A in FY2026 completed FY2015–FY2026 at acquisition date (Eu 18 million revenue added) M&A cadence an
Slide 12: SSI: Partner for European Enterprises Digital Transformation
SSI: Partner for European Enterprises Digital Transformation Key Financials FY26 At a Glance Business Platforms Customer base People Revenues Leading System Integrator and Software Vertical Business Platform focused on 4,463 Eu 909 mn Solutions provider with growing focus on business applications an
Slide 13: Business Services: Partner for Financial Services Digital Transformation
Business Services: Partner for Financial Services Digital Transformation Key Financials FY26 At a Glance Financial Services and Enterprise Market Presence and Digital Excellence Dual Market Focus: Finance and Enterprise Extensive presence with more than 900 clients; People Revenues Business Services
Slide 14: ICT VAS: Digital Integration of ICT ecosystems
ICT VAS: Digital Integration of ICT ecosystems Key Financials FY26 At a Glance Business Units Customer base People Value-added Technology Integrator and Organized into specialized units managing Revenues 695 Eu 2,255 mn Solutions aggregator, providing consulting, partnerships with over 165 major IT
Slide 15: Green VAS: Digital Partner of environmental sustainability
Green VAS: Digital Partner of environmental sustainability Key Financials FY26 At a Glance Financial Evolution Future Expectations Joined the Group in 2021 through the FY2026 marks a year of strong organic The PV market is gradually evolving towards a People Revenues acquisition of PM Service (Eu 30
Slide 16: Agenda
Alessandro Fabbroni Agenda Group’s Chief Executive Officer Jacopo Laschetti Head of Stakeholder Relations and Sustainability ▪ Group’s Business Model and Strategy ▪ Group’s Financial Results FY 2026 ▪ Group’s Industrial Plan FY 2027-2028 ▪ Annexes Financial Statements 16
Slide 17: Group’s actual results FY as of April 30, 2026
Group’s actual results FY as of April 30, 2026 Variance CAGR Eu million FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025¹ FY 2026 2H 25 2H 26 Variance 4Q 25 4Q26 Variance FY 25/26 FY12-26 Revenues 1,776.0 2,037.2 2,389.8 2,907.6 3,210.4 3,356.8 3,620.8 7.9% 11.2% 1,839.4 2,020.5 9.8% 839.9 915.6 9.0%
Slide 18: FY 2026 Group’s actual results by Sector
FY 2026 Group’s actual results by Sector REVENUES EBITDA GROUP EAT ADJUSTED Eu million FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 251 FY26 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 251 FY26 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 251 FY26 Software & System Integ. 343.0 396.3 481.9 572.2 702.6 822.8 875.7 90
Slide 19: Q4 2026 Group’s actual results by Sector
Q4 2026 Group’s actual results by Sector REVENUES EBITDA GROUP EAT ADJUSTED Eu million 4Q 19 4Q 20 4Q 21 4Q 22 4Q 23 4Q 24 4Q 25 4Q 26 4Q 19 4Q 20 4Q 21 4Q 22 4Q 23 4Q 24 4Q 25 4Q 26 4Q 19 4Q 20 4Q 21 4Q 22 4Q 23 4Q 24 4Q 25 4Q 26 Software & System Integ. 89.3 87.8 126.7 152.9 200.8 213.5 228.9 246.
Slide 20: Group’s Net Financial Charges quarterly trend
Group’s Net Financial Charges quarterly trend Eu million 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q26 3Q 26 4Q 26 Financial income / (charges) (7.7) (11.5) (10.4) (11.0) (6.8) (9.8) (8.9) (8.6) FX rate income / (loss) 0.1 (0.3) (0.2) (1.1) (0.5) (0.2) 0.2 (0.1) Income / (loss) on equity method investments 0.1
Slide 21: Group Financial Results (NFP, IFRS 16, IFRS 3 and NWC) April 2020-April 2026
Group Financial Results (NFP, IFRS 16, IFRS 3 and NWC) April 2020-April 2026 Net Financial Position (April 2020 – April 2026) Oct24 The table opposite presents the Currency: €'m Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Apr25 Oct25 Apr26 Pro-forma Net Financial Position reported Sharehol
Slide 22: NFP reported bridge from April 30, 2025 to April 30, 2026
NFP reported (incl. IFRS) bridge from April 30, 2025 to April 30, 2026 The reported Net Financial Position (NFP) as of April 30, 2026, shows a net debt of Eu 17.5 million, improving from Eu 74.7 million as of April 30, 2025, reflecting LTM investments of approximately Eu 110 million (net of disposal
Slide 23: New Industrial Plan FY 2027 - FY 2028
New Industrial Plan FY 2027 - FY 2028 Eu million FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 251 FY26 FY 27E FY 28E Revenues 1,363.0 1,551.0 1,776.0 2,037.4 2,389.9 2,907.6 3,210.4 3,356.8 3,620.8 3,802.0 - 3,892.0 3,992.0 - 4,184.0 Change Y/Y 13.8% 14.5% 14.7% 17.3% 21.7% 10.4% 4.6% 7.9% 5.0% - 7.
Slide 24: Group long-term growth path: FY 2026 Actual Results and FY 2027-28 Expected Results
Group long-term growth path: FY 2026 Actual Results and FY 2027-28 Expected Results Sales and other Revenues (Eu mn) EBITDA (Eu mn) EBIT Adjusted1 (Eu mn) 3,990- CAGR 2012-2026 +11.2% 3,802 - 4,200 CAGR 2012-2026 +14.1% CAGR 2012-2026 +13.1% 274 - 288- CAGR 2020-2026 +12.6% 3,892 5.0% - CAGR 2020-20
Slide 25: Agenda
Agenda ▪ Group’s Business Model and Strategy ▪ Group’s Financial Results FY 2026 ▪ Group’s Industrial Plan FY 2027-2028 ▪ Annexes Financial Statements 25
Slide 26: Group Reclassified Income Statement FY 2026 vs FY 2025
Group Reclassified Income Statement FY 2026 vs FY 2025 Variances Y/Y % FY 26 FY 25 FY 25 FY 26 vs FY 25 FY 26 vs FY 25 Eu million % on revenues % on revenues % on revenues Reported Reported Pro-forma1 Reported Pro-forma Revenues 3,565.3 3,214.6 3,298.2 10.9% 8.1% Other Income 55.526 58.6 58.6 (5.2%)
Slide 27: Reclassified Balance Sheet April 30, 2026 vs April 30, 2025
Reclassified Balance Sheet April 30, 2026 vs April 30, 2025 Eu million Apr 26 Apr 25 Intangible Assets 551.1 531.0 Property, plant and equipment 175.7 167.9 Investments valued at equity 14.5 17.5 Other non-current receivables and deferred tax assets 47.0 39.3 Total non-current assets 788.4 755.7 Inv
Slide 28: Reclassified Income Statement by sector FY 2026 vs FY 2025
Reclassified Income Statement by sector FY 2026 vs FY 2025 Eu million FY 2026 FY 2025 Pro-forma2 Business Corporate & Dig. Business Corporate & Dig. ICT VAS Green SSI Group ICT VAS Green SSI Group Services Ecosystem3 Services Ecosystem3 Total Revenues and Other Income 2,254.7 412.2 908.8 158.5 67.5
Slide 29: Sesa Group M&As FY 2020-26
Sesa Group M&As FY 2020-26 SSI Business Services ICT VAS Green VAS Company Revenues Company Revenues Company Revenues Company Revenues GENCOM Eu 10 mn CLEVER CONSULTING Eu 6 mn 6 M&As FY 20201 YARIX Eu 4 mn BASE DIGITALE GROUP Eu 45 mn PICO Eu 20 mn ZERO12 Eu 2.5 mn Rev: Eu 88 mn ADIACENT CHINA Eu 2
Slide 30: www.sesa.it
www.sesa.it This document has been prepared by Sesa SpA (“SeSa” or the “Company”) solely for this presentation and does not represent any investment research, recommendation, consulting or suggestion, concerning the Company or its shares or any other securities/financial instruments issued by the Co