Approval of the consolidated half-yearly report as of March 31, 2025

• CONSOLIDATED REVENUES amounted to € 63.7 million (€34 million as of March 31, 2024), derived from:
  • €8.7 million in sales revenues mainly from the deeds of the remaining real estate units of Porta Naviglio Grande and Trilogy Towers (€9.9 million as of March 31, 2024);
  • €10.5 million in inventory variation for the purchase of new real estate complexes, related to the acquisition of the area located in the Greco district (€2.7 million as of March 31, 2024);
  • €28.3 million in positive inventory variation for work in progress, net of inventory discharge due to the delivery (following the deed of sale) of apartments to customers (positive variation of € 18.1 million as of March 31, 2024). Production progress amounted to € 36.7 million (€ 26.6 million as of march 31, 2024).
  • €16.2 million in other revenues (€3.3 million as of March 31, 2024), including mainly:

    • Increases in ongoing tangible assets related to investments in properties intended for lease in the form of co-living held by subsidiaries Smartcity Siinq S.r.l. and Deametra Siinq S.r.l. respectively for an amount of € 3.7 million and € 8.3 million;

    • Contribution from building bonuses amounting to €2.2 million

    • Other service revenues to third parties related to pre and post-sales services held by the holding company AbitareIn for an amount of €0.92 million.

• CONSOLIDATED EBITDA € 6.5 million (€ 6.2 million as of March 31, 2024)
  • CONSOLIDATED EBT € 2.2 million (€3.3 million as of March 31, 2024)
• CONSOLIDATED GROUP EQUITY € 108.3 million (€107.3 million as of September 30, 2024)
• CONSOLIDATED NET FINANCIAL DEBT € 125.5 million (€ 89.1 million as of September 30, 2024)
• CONSOLIDATED GROUP NET PROFIT € 1.1 million (€ 1.1 million as of March 31, 2024)

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan - Operating Headquarters: Viale Umbria 32, 20135 Milan

Company listed on Euronext Milan, Euronext STAR Milan segment (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550

info@abitareinspa.com - abitareinspa.pec@legalmail.it

Share capital Euro € 133,003.90 fully paid in - Share premium reserve: Euro 41,080,488

• PIPELINE, PROPERTY UNDER DEVELOPMENT: 223,000 1 SALEABLE SQUARE METRES FOR 2,440 EQUIVALENT APARTMENTS2

• AVERAGE NET SALEABLE AREA PURCHASE COST: EURO 645/SQM
• ORDER BOOK: 420 EQUIVALENT APARTMENTS2FOR EURO 193 MILLION
• DOWN PAYMENTS/DEPOSITS BASED ON PRELIMINARY CONVEYANCE AGREEMENTS SIGNED: EURO 56.7 MILLION

• UNITS DELIVERED3: 8644FOR EURO 326 MILLION

• MORTGAGE LOANS APPROVED: € 184.4 MLN, OF WHICH USED: € 90.6 MLN

Milan, 12 June 2025 - The Board of Directors of AbitareIn S.p.A. ("AbitareIn" or "the Company"), a Milan based leading company in residential development, listed on the MTA market, STAR segment, of Borsa Italiana S.p.A., today approved the half-yearly consolidated financial report of the AbitareIn Group ("AbitareIn Group") as at 31 March 2025.

Luigi Gozzini, Chairman of the Company, comments: " The urban planning context in Milan is going through a phase of marked complexity, which - as is well known - has long had a significant impact on the performance of our Company. The local regulatory developments and the new guidelines recently approved by the Municipality of Milan, which introduce new rules for the issuance of authorizations also in light of the prospects of the Milanese judiciary, will, on the one hand, potentially increase the complexity of obtaining such permits and raise the related costs (which we have prudently already accounted for). On the other hand, we hope they will offer an opportunity to gain greater clarity and stability in the planning of our future projects, within a market context that continues to be characterized by strong demand and limited supply."

‌1Of which 17,000 sqm to be built by the subsidiary Homizy for the built-to-rent in the co-living formula and 19,900 sqm to be built under affordable and/or social housing

‌2No. of apartments, considering an average surface area of 92 m2 for the marketing in unrestricted building and 82 m2 for social housing. The actual number of apartments built and for which contracts have been signed - without prejudice to the combined floor area (m2) -may vary depending on the level of customisation of the surface area of the real estate units.

‌3Number of apartments recalculated based on the average size of the 'standard units'

‌4Cumulative data of all apartments delivered by the Group

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan - Operating Headquarters: Viale Umbria 32, 20135 Milan

Company listed on Euronext Milan, Euronext STAR Milan segment (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550

info@abitareinspa.com - abitareinspa.pec@legalmail.it

Share capital Euro € 133,003.90 fully paid in - Share premium reserve: Euro 41,080,488

by falling interest rates and renewed access to credit. Milan, in particular, continues to stand out for its attractiveness and resilience, with demand remaining focused on new properties, for which there is still a strong shortage of supply."

Summary of the main consolidated financial results as at 31 March 2025

The first half of the fiscal year closed with CONSOLIDATED REVENUES amounting to € 63.7 million

(€34.0 million as of March 31, 2024, primarily derived from::

• €8.7 million in sales revenues mainly from the deeds of the remaining real estate units of Porta Naviglio Grande and Trilogy Towers (€9.9 million as of March 31, 2024);
• €10.5 million in inventory variation for the purchase of new real estate complexes, related to the acquisition of the area located in the Greco district (€2.7 million as of March 31, 2024);
• €28.3 million in positive inventory variation for work in progress, net of inventory discharge due to the delivery (following the deed of sale) of apartments to customers (positive variation of € 18.1 million as of March 31, 2024). Production progress amounted to € 36.7 million (€ 26.6 million as of march 31, 2024).
• €16.2 million in other revenues (€3.3 million as of March 31, 2024), including mainly:

  • Increases in ongoing tangible assets related to investments in properties intended for lease in the form of co-living held by subsidiaries Smartcity Siinq S.r.l. and Deametra Siinq S.r.l. respectively for an amount of € 3.7 million and € 8.3 million;

  • Contribution from building bonuses amounting to €2.2 million

  • Other service revenues to third parties related to pre and post-sales services held by the holding company AbitareIn for an amount of €0.92 million.

The EBT figure was negatively impacted by €0.1 million due to the impairment of investments in other companies, resulting from fair value assessment as of the closing date of the reporting semester.

The GROUP FINANCIAL DEBT amounts to Euro 125.5 million (Euro 89.1 million as at 30 September 2024) of which €23.3 million relates to the subsidiary Homizy SIIQ.

The increase is primarily attributable to the progress of construction works, with total investments amounting to €40.1 million, the payment of deposits for the future acquisition of new land totaling €1.2 million, and the purchase of new land for €5.5 million (net of deposits paid in previous fiscal years).

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan - Operating Headquarters: Viale Umbria 32, 20135 Milan

Company listed on Euronext Milan, Euronext STAR Milan segment (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550

info@abitareinspa.com - abitareinspa.pec@legalmail.it

Share capital Euro € 133,003.90 fully paid in - Share premium reserve: Euro 41,080,488

These outflows were partially offset by cash inflows mainly from notarized deeds related to the Trilogy Towers and Porta Naviglio Grande projects, totaling €6.8 million, and from deposits and down payments received on preliminary agreements for commercialized projects, totaling approximately €3.6 million.

Development Pipeline Overview

As of today, the Group's development pipeline consists of 20 areas, excluding projects already completed and delivered, totaling approximately 223,0005 square meters of commercial space, corresponding to about 2,450 standard apartments6, located in various semi-central and semi-peripheral areas of the city of Milan, in high-growth potential contexts.

‌5Of which 17,000 sqm to be built by the subsidiary Homizy for the built-to-rent in the co-living formula and 19,900 sqm to be built under affordable and/or social housing g

‌6No. of apartments, considering an average surface area of 92 m2 for the marketing in unrestricted building and 82 m2 for social housing. The actual number of apartments built and for which contracts have been signed - without prejudice to the combined floor area (m2) -may vary depending on the level of customisation of the surface area of the real estate units.

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan - Operating Headquarters: Viale Umbria 32, 20135 Milan

Company listed on Euronext Milan, Euronext STAR Milan segment (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550

info@abitareinspa.com - abitareinspa.pec@legalmail.it

Share capital Euro € 133,003.90 fully paid in - Share premium reserve: Euro 41,080,488

Of the apartments in the pipeline, 4206units have been sold (on a preliminary basis) as of today, for a total value of approximately €193 million, with contractual advances (guaranteed by an insurance surety policy) totaling €56.7 million. Currently, 3486apartments are under construction.

To date, the Group has delivered 8647apartments, divided among the projects Abitare In Poste, Abitare In Maggiolina, Olimpia Garden, Milano City Village, Palazzo Naviglio, Trilogy Towers and Porta Naviglio Grande, for a total value of almost € 326 million.

Outlook

In the current fiscal year, AbitareIn will continue its commercial activities for authorized projects, the construction of projects already on the market, as well as the scouting of new opportunities.

Notarized deeds for the Porta Naviglio Grande project will continue, and deeds for other ongoing construction projects will begin, with expected sales revenues totaling approximately €140 million.

As previously announced, the Company is also expanding its business model through partnerships with other operators. Within these collaborations, AbitareIn contributes its technological platform and its expertise in marketing and sales, product optimization and floorplan design, apartment customization, and customer care services.

It is noted that, starting from 13 June 2025, the Half-Yearly Financial Report as at 31 March 2025 will be made available to the public at the company's registered office, on the Company's website https://www.abitareinspa.com under the Investors Section and on the authorised storage mechanism 1 Info Storage (https://www.1info.it/PORTALE1INFO).

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The Manager in charge of preparing the accounting and corporate documents Cristiano Contini declares, pursuant to paragraph 2 of article 154 bis of the Consolidated Law on Finance (Legislative Decree 58/1998), that the accounting information contained in this press release corresponds to the documentary results, accounting books and records.

It should also be pointed out that in this press release, in addition to the conventional financial indicators provided for by IFRS, some alternative performance indicators are presented in order to allow for a better assessment of the economic and financial performance. These indicators are calculated according to the usual market practices.

‌7Cumulative data of all apartments delivered by the Group

Abitare In S.p.A.

Registered office: Via degli Olivetani 10/12, 20123 Milan - Operating Headquarters: Viale Umbria 32, 20135 Milan

Company listed on Euronext Milan, Euronext STAR Milan segment (ticker ABT.MI) - VAT no. 09281610965 - Tel. +39 / 02 - 67 02 550

info@abitareinspa.com - abitareinspa.pec@legalmail.it

Share capital Euro € 133,003.90 fully paid in - Share premium reserve: Euro 41,080,488