Nocivelli ABP, Shareholders’ meeting approves annual financial statement at June 30, 2024 and a dividend of Euro 0.06 per share. Amendment of Articles 8.3 and 8.15 of the By-Laws also approved.

PRESS RELEASE

Nocivelli ABP, Shareholders' meeting approves annual financial statement at June 30, 2024 and a dividend of Euro 0.06 per share

Amendment of Articles 8.3 and 8.15 of the By-Laws also approved

Castegnato (Brescia), October 28, 2024 - The Shareholders' Meeting of A.B.P. Nocivelli S.p.A., an Esco Company specialized in building technological systems and facility management services, and a nationwide Public-PrivatePartnership clinic and hospital construction leader, listed on the Euronext Growth Milan's segment (ISIN Code IT0005439861, Ticker ABP:IM), met today in ordinary and extraordinary session.

IN ORDINARY SESSION

1) APPROVAL OF THE FINANCIAL STATEMENTS AT JUNE 30, 2024

The Shareholders' Meeting noted the Consolidated Financial Statements and approved the Statutory Financial Statements at June 30, 2024.

FY 23/24 consolidated annual financial highlights:

• Value of Production: Euro 76.5 million, +1.9% (Euro 75.1 million in FY 22/23)
• Revenues: Euro 71.1 million (Euro 73.9 million in FY 22/23)
• EBITDA: Euro 15.2 million, EBITDA margin 19.9% (Euro 15.3 million in FY 22/23, EBITDA margin 20.4%)
• EBIT: Euro 13.0 million, EBIT margin 17.0% (Euro 13.4 million in FY 22/23)
• Net Profit: Euro 10.7 million, Profit Margin 14.0% (Euro 10.6 million in FY 22/23)
• Net cash position of Euro 47.7 million (cash position of Euro 40.1 million at June 30, 2023)
• Shareholders' Equity: Euro 72.0 million, +14.6% (Euro 62.8 million at June 30, 2023)

FY 23/24 financial highlights of the parent company Nocivelli A.B.P. S.p.A.:

1. • Value of Production: Euro 75.8 million (Euro 74.2 million in FY 22/23), increasing 2%
   • EBITDA: Euro 15.1 million, +1.3% (Euro 14.9 million in FY 22/23). The EBITDA Margin is 19.9%
   • EBIT: Euro 13.0 million (Euro 13.1 million in FY 22/23), confirming the strong revenue margin
   • Net income: 10.6 million Euro (10.3 million Euro at June 30, 2023)
   • Net Financial Position cash positive for Euro 46.5 million, with a significant increase (+20.8%) compared to the previous year (cash positive for Euro 38.5 million at June 30, 2023)
   • Shareholders' equity: Euro 69.7 million (Euro 60.6 million at June 30, 2023)
2. ALLOCATION OF THE NET PROFIT

The Shareholders' Meeting approved the following allocation of the net profit of Euro 10,633,410.00:

• Euro 1,827,000 as dividend, equal to Euro 0.06 per share;
• Euro 8,806,410 to the extraordinary reserve;

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The coupon detachment is scheduled for 18/11/2024, with a record date of 19/11/2024, and payment on the following 20/11/2024.

IN EXTRAORDINARY SESSION

1) AMENDMENT OF ARTICLES 8.3 AND 8.15 OF THE BY-LAWS

The Extraordinary Shareholders' Meeting of Nocivelli A.B.P. S.p.A. resolved to amend, within its By-Laws, Article 8.3 concerning the publication of the abstract of the notice concerning the convocation of the Shareholders' Meeting and Article 8.15 concerning the representation of persons entitled to vote at the Shareholders' Meeting, also following the entry into force of law no. 21 of March 5, 2024.

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This Press Release is available on the company website at www.abpnocivelli.com, in the "Investor Relations/Press Releases" section and at www.1info.it.

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The Nocivelli ABP Group was founded in Castegnato (Brescia) in 1963 and initially traded in petroleum products and lubricants. In 1988 it diversified into the construction of technological, mechanical and electrical systems, in addition to civil and industrial construction and Facility Management. The Nocivelli Group comprises the parent company ABP Nocivelli S.p.A. and the wholly-owned subsidiary RPP srl Run Power Plants, acquired in 2016, specializing in the design, manufacture, supply, installation and maintenance of LED lighting. The Group is headquartered in Castegnato (BS) and has operations in Brescia, Chieti Scalo and Ponderano (Biella). RPP is based in Castenedolo (BS). Bruno Nocivelli is the Chairperson of the Board of Directors, while Nicola Turra serves as Chief Executive Officer. The Group's Value of Production in 2024 was Euro 76.5 million, with EBITDA of Euro 15.2 million and a net profit of Euro 10.7 million.

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