Energy Time S.p.a. · MIL:ET
Energy Time — IRTOP Lugano Investor Day 2025
11 slides from Energy Time's conference presentation, Oct 10, 2025
Slide 1: IRTOP Lugano Investor Day
IRTOP Lugano Investor Day October 10th 2025 1
Slide 2: Group Overview
Group Overview ❑ Energy Time, founded in 2008, operates in the renewable energy market throughout Italy as a D-EPC-OM operator (Development, Engineering, 2008 €124 Mln Procurement, Construction, Operation and Maintenance), with a focus on the Backlog Year of foundation photovoltaic segment. as of Se
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: Evolution of Production Value – Energy Time S.p.A.
Evolution of Production Value – Energy Time S.p.A. CAGR 2024 2020- 3 % +34,3 ❑ Energy Time’s Production Value as of December 31, 2024, increased by approximately €8.8 million, representing a 97.2% growth compared to the same period in 2023 (€9.0 million), reaching a value of €17.7 million. This confi
Slide 5: 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 Market Sustainability Source: Management processing 5
Slide 6: 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 long
Slide 7: 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 8: Solid Financials and High Margin
Solid Financials and High Margin FY2023 vs FY2024 (Energy Time S.p.A., in €Mln) 17,7% margin 13,7% 15,4% margin 12,7% margin margin 9,0% 5,8% margin margin 1H2024* vs 1H2025 (Energy Time S.p.A. vs Consolidated data, in €Mln) 6,1% margin 4,6% margin 3,8% margin Source: Financial Statement at June 30,
Slide 9: IPO on Euronext Growth Milan
IPO on Euronext Growth Milan IPO INFORMATIONS ANALYST COVERAGE Data July 24, 2025 Broker Integrae SIM S.p.A. Offering 100% OPS Issue data October 6, 2025 Investor book orders ~2,5x the offer Target Price €5,25 Capital increase €5,0 millions Potential upside* +54,87% Free float 23,81% Price per share
Slide 10: Strategic Guidelines
Strategic Guidelines 1 2 3 Initiating Backlog of Expansion of operational M&A transactions and €124 million & capacity strategic partnerships acquisition of new (staff and specialized orders machinery) 10
Slide 11: IRTOP Lugano Investor Day
IRTOP Lugano Investor Day October 10th 2025 11