Dexelance · MIL:DEX
Dexelance — Q1 2024 Earnings Presentation
23 slides from Dexelance's earnings presentation, May 13, 2024
Slide 1: Interim Financial Information as of 31 March 2024
DE XELANCE CRAFTING DESIGN FOR EXCELLENCE INTERIM FINANCIAL INFORMATION AS OF 31MARCH 2024 13 May 2024 48.00 (CET)
Slide 2: Disclaimer
Disclaimer This presentation (the “Presentation’) has been prepared by Dexelance S.p.A. (the “Company” and together with its subsidiaries, the “Group’) for information purposes only and should not be reproduced or redistributed. The Presentation does not constitute an offer to sell or a solicitation
Slide 3: Corporate Development & IR Manager, CEO, Managing Director, CFO
Corporate Development & IR Manager Chief Executive Officer Managing Director Chief Financial Officer BDEXELANCE
Slide 4: (Full Adjusted EBITDA – CAPEX)/Full Adjusted EBITDA.
• • (1) Full 1Q 23 data prepared including 3 months of Cubo Design, despite exact acquisition date. (2) Computed as Reported EBITDA + non-recurring costs + M&A transaction costs + IPO costs. (3) Income Adjusted for EBITDA Adjustments, change in estimate of put&call options/earnouts, PPA amortization
Slide 5: We strongly believe that today's living should be an experience
WE STRONGLY BELIEVE THAT TODAY’S LIVING SHOULD BE AN EXPERIENCE • • • 5
Slide 6: Source: areapress.salonemilano.it
Source: areapress.salonemilano.it 6
Slide 7: Davide Groppi opened a new flagship store in Milan
In the occasion of Salone del Mobile, Davide Groppi opened a new flagship store in Milan: a place of meeting, experience and seduction, where light is the true protagonist. Lucio Fontana Concetto Spaziale, Natura, 1959/60 ——‘sDiscover more on the opening event @ Spazio Davide Groppi Milan BDEXELANCE
Slide 8: Meridiani presented a special installation for its René armchair
~and Meridiani presented a special installation fully dedicated to its iconic René armchair, realized in three tripled volume “maxi pieces” covered with a brand signature fabric BDEXELANCE
Slide 9: Full 1Q 2023 data including Cubo Design
| (1) Full 1Q 2023 data prepared including 3 months of Cubo Design, despite exact acquisition date. (2) Includes holding costs. 9
Slide 10: (1) Full 1Q 2023 data prepared including 3 months of Cubo Design, despite exact
Δ | (1) Full 1Q 2023 data prepared including 3 months of Cubo Design, despite exact acquisition date. 10
Slide 11: (1) Full 1Q 2023 data prepared including 3 months of Cubo Design, despite exact
Δ | (1) Full 1Q 2023 data prepared including 3 months of Cubo Design, despite exact acquisition date. 11
Slide 12: (1) Full 1Q 2023 data prepared including 3 months of Cubo Design, despite exact
Δ | (1) Full 1Q 2023 data prepared including 3 months of Cubo Design, despite exact acquisition date. 12
Slide 13: Net working capital, capex and net financial position
NWC shows small quarterly swings, overall confirming its negligible impact on the Group’s size. Capex below 5% of revenue, confirming the business as non-capital intensive NET WORKING CAPITAL | €m Dexelanoe 8.3 = (3,8) (9,7) 1Q3 2Q3 3Q3 FY 23 1Q 24 CAPEX | €m po totalFY23capexe7.6 f (©4,2 growth cap
Slide 14: 1Q 2024 order intake in line with revenue
1Q 2024 order intake evolved in line with revenue, confirming the announced normalization for the first half of the year " |] F1Q 23 FAQ 24 Residential ml Luxury Contract BDEXELANCE
Slide 15: 2024 Financial Calendar
2024 FINANCIAL CALENDAR: Next key dates 9 September e — | Approval of the Half-year Financial Report as of 30 June 2024 412 November e@ — | Approval of the Interim Financial Information as of 30 September 2024 BDEXELANCE
Slide 16: Q&A Session
Q&A SESSION BE XELANCE
Slide 17: BDEXELANCE
BDEXELANCE
Slide 18: BDEXELANCE
BDEXELANCE
Slide 19: Dexelance@Salone del Mobile.Milano | Saba
DEXELANCE@Salone del Mobile.Milano | Saba BDEXELANCE
Slide 20: Dexelance@Salone del Mobile.Milano | Gamma & Dandy Home
DEXELANCE@ Salone del Mobile.Milano | Gamma & Dandy Home BDEXELANCE
Slide 21: Dexelance@Salone del Mobile.Milano | Turri
DEXELANCE@Salone del Mobile.Milano | Turri BDEXELANCE
Slide 22: Dexelance@Salone del Mobile.Milano | Binova
DEXELANCE@Salone del Mobile.Milano | Binova fi ai — — 1 ‘ VE BDEXELANCE
Slide 23: Dexelance brands and locations
DE XELANCE Headquarter China Branch UK Branch USA Branch DBEXELANCE TURRI FLEXALIGHTING davide groppi LN GERVASONI 1882 saba Axelight _Binova wooD MERIDIANI we GAMMA