Cembre S p A : RESULTS OF FIRST HALF 2025

Investor presentation

Results of First Half 2025

CONTENTS

• CEMBRE at a glance

• Group team

• Main product lines & applications

• Results of First Half 2025

• Stock data & shareholding structure

• Contact

  CEMBRE | Investor relations

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  CEMBRE AT A GLANCE

  • CEMBRE is Europe's leading manufacturer of electrical crimp type connectors and related installation tools.

  • The Group has grown its revenues by a CAGR of 6.5% in the last 20 years, from 65.1 M€ in 2004 to 229.7 M€ in 2024. In the last 5 years the Group has grown by a CAGR of 9.4% from 146.3 M€ in 2019 to 229.7 M€ in 2024.

  • It is a dividend payer with a 20 years average dividend payout ratio of 51.9%, and an average dividend yield of 3.8% (2005-2024). The average dividend yield in the last 5 years has been of 4.4% (2020-2024).

  • In 2024, the Group invested 29.5 M€; the total amount of investments made by the company in the last five years (2020-2024) is 73.3 M€; at December 31, 2023 investments amounted to 14.6 M€.

  • The product mix (a total of around 18K end products sold during 2024) is offered to around 5K single clients around the world, with 10-biggest clients' purchases corresponding to approximately 23.2% of the consolidated turnover.

3

2025/06 CEMBRE | Investor relations

MISSION

CEMBRE cooperates with the users of its products to search the best technical and economical solutions related to electrical connection applications

2021/02 CEMBRE | Investor relations 4

GROUP STRUCTURE

CEMBRE

S.p.A.

Employees: 595

CEMBRE Ltd UK

CEMBRE Sarl Francia

CEMBRE BV

Paesi Bassi

CEMBRE

Electrical Connections Shanghai Ltd

CEMBRE Slu

Spagna

CEMBRE

GmbH G a

ermani

CEMBRE Inc USA

100%

100%

100%

100%

100%

100%

100%

Employees: 134 Employees: 41 Employees: 2 Employees: 5 Employees: 53 Employees: 61 Employees: 39

Manufacturing and trading unit Trading unit

The Group employs

930 employees worldwide

(average data at June 30, 2025)

HUMAN RESOURCES

(Number of employees by segment, at June 30, 2025)

R&D

• 30

Manufacturing & logistics

• 530

CEMBRE has extensive know-how in its operating field and its strong R&D team allows it to respond quickly to market demands.

Sales & Marketing

• 262

Administration & services

• 108

Sharp focus on customer needs and the efficient international sales network (153 salesmen) are significant competitive advantages for CEMBRE.

MAIN PRODUCT LINES

CEMBRE is Europe's leading manufacturer of electrical crimp type

connectors and related installation tools

Electrical

connectors Tools

Railway products

Identification systems

Cable glands, accessories & other

APPLICATIONS INDUSTRY & AUTOMATION

Connectors

Tools

Labelling

POWER DISTRIBUTION

2021/02

Cable glands 8

Rail drilling machine

Sleeper drilling machine

APPLICATIONS: RAILWAY

9

NUMBERS

18,162 different products sold in one year*

4.8 Millions electrical connectors sold by CEMBRE Group on average each working day*

21,893 different products ready for immediate delivery*

*12/2024

CEMBRE | Investor relations 10

CEMBRE has been established in 1969 and manufactures its products in its state-of-art production facility located in Brescia.

The facility covers an area of 60,000 m2 on a total land area of 121,000 m2.

MADE IN BRESCIA

CEMBRE S.p.A. - Headquarter in Brescia (Italy)

In addition, CEMBRE has a production facility in the UK which operates on a 16,300 m2 land.

This plant in Birmingham manufactures mainly for the local market.

The sales generated in the UK are 13,6% of the consolidated turnover of the first half of 2025.

… AND MADE IN UK

CEMBRE Ltd. - Factory in Curdworth Birmingham (UK)

CEMBRE is present all over the Italian territory through a network of salesmen and representatives who are able to offer fast and constant technical assistance.

Abroad, it operates through 5 subsidiaries in Europe (UK, France, Spain, Germany and Netherlands), 1 in the USA and 1 in China.

VERY STRONG IN EUROPE

Birmingham

Eindhoven

München

Paris

Brescia

Madrid

Group companies

Regional offices

Main importers

… PRESENT ALL OVER THE WORD

CEMBRE has a network of importers and agents who provide technical and commercial assistance and rapid delivery worldwide

Edison

Shanghai

Group companies

Main importers

1st Half 2025

REVENUES BREAKDOWN

before commercial rebates by product family (€'000)

1st Half 2024

Electrical connectors

Tools Railway Products

Marking Systems

Cable Glands

Others

Electrical connectors

Tools Railway Products

Marking Systems

Cable Glands

Others

GEOGRAPHICAL REVENUES BREAKDOWN

Italy

Sales

% on total

1st Half 2025

53.0 mln

42.6%

1st Half 2024

54.7 mln

45.8%

Change %

(3.2%)

Europe

(Italy excluded)

Sales

% on total

1st Half 2025

59.3 Mln

47.7%

1st Half 2024

53.5 Mln

44.8%

Change %

10.8%

Rest of the World

Sales

% on total

1st Half 2025

12.0 Mln

9.7%

1st Half 2024

11.3 Mln

9.4%

Change %

6.4%

CONSOLIDATED RESULTS OF THE FIRST HALF OF 2025

GROUP'S COMPANIES TURNOVER* OF THE FIRST HALF OF 2025

* net of intragroup sales ** operating company in 2025

JUNE 30, 2025 CONSOLIDATED BALANCE SHEET

240

€ Millions

REVENUES EVOLUTION

229,7

210

Global Economic Crisis

COVID

198,8

222,6

180

150

120

90

60

65,1 70,0

84,1

93,4

94,3

76,0

93,9

103,0 103,9 104,5

112,9

121,4 122,6

144,1 146,3

132,6 137,1

166,8

30

0

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

CEMBRE'S REVENUES AND PROFITABILITY TREND

(€ '000)

80.000

75.000

70.000

65.000

60.000

55.000

50.000

45.000

40.000

35.000

30.000

25.000

20.000

15.000

10.000

5.000

0

Ebitda (valore e margine % sulle vendite)

18,7%

22,7%

23,2%

24,5% 25,2%

29,9%

26,5%27,3% 27,5% 28,8%

21,0

20,4%

21,5% 19,6%

17,7%

19,4%

19,5 21,6% 23,5%

%

24,7% 25,4%

18,0%

18,2%

%

10.253

10.892

12.187

14.718

19.131

21.710

19.273

13.412

20.170

20.228

20.108

20.407

24.352

28.537

30.025

33.434

35.650

37.098

36.297

45.597

54.593

66.569

66.177

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

110,0%

100,0%

90,0%

80,0%

70,0%

60,0%

50,0%

40,0%

30,0%

20,0%

10,0%

0,0%

CEMBRE'S REVENUES AND PROFITABILITY TREND

(€ '000)

60.000

55.000

50.000

45.000

40.000

35.000

30.000

15.941

18.420

25.000

7.656

11.023

20.000

15.000

10.000

Ebit (valore e margine % sulle vendite)

19,7%

18,9%

11,8% 15,7%

17,2%

18,5%

16 % 15,1%

15,8%

13,9%

18,8% 19,7% 20,

17,2%

,6%

20,5

18,4

%

23,0%

4% 18

19,8%

,8

%

21 %

24,2%

,4

53.964

52.804

100,0%

90,0%

42.572

80,0%

70,0%

34.188

60,0%

50,0%

40,0%

30,0%

20,0%

10,0%

16.221

10.581

17.379

17.291

16.456

15.838

19.433

22.836

24.095

27.036

28.496

27.181

25.200

5.000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

0,0%

CEMBRE'S REVENUES AND PROFITABILITY TREND

(€ '000)

45.000

40.000

35.000

30.000

25.000

20.000

15.000

10.000

5.000

Net Result (value and margin % on sales)

40.828

31.918

25.321

22.727

22.736

21.690

18.975

15.933

16.927

11.896

11.340

13.542

9.327

10.857

11.400

11.507

10.503

8,5%

6.605

3.830

9,4%

11,1% 12,7%

1%

,5%

9,1%

1%

1% ,1% 10,0%

5,9%

11

11,

12,

11

,2% 16,1%

8%

15

13,

8%

8%

1% 15,

13,8%

0% 13,

12,

6.887

18,3% 1

14,

17,

42.590

70,0%

60,0%

50,0%

40,0%

30,0%

20,0%

10,0%

0

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

0,0%

INDEX ANALYSIS

24,00%

22,00%

20,00%

18,00%

16,00%

14,00%

12,00%

10,00%

8,00%

ROI (EBIT/Investments) ROACE (EBIT/Average Net Capital Employed)

21,65%

18,85%

17,80%

17,64%

19,47%

16,60%

15,56%

13,90%

13,26%

14,72%

15,85%

14,18%

14,38%

14,66%

14,62%

13,37%

10,79%

12,40%

11,41%

11,64%

9,80%

29,45%

29,05%

29,90%

25,90%

22,24%

24,34%

23,13%

26,06%

23,39%

21,49%

21,23%

18,35%

17,12%

21,25%

22,01%

20,61%

15,01%

18,11%

15,59%

16,26%

15,45%

32,00%

28,00%

24,00%

20,00%

16,00%

12,00%

8,00%

24,00%

20,00%

16,00%

12,00%

8,00%

ROE (Net profit/Equity) ROS (EBIT/Net Sales)

19,85%

17,83%

16,97%

19,38%

15,69%

15,19%

15,88%

14,87%

12,54%

13,23%

13,52%

12,24%

14,37%

11,29%

12,30%

12,15%

11,60%

9,06%

11,28%

9,59%

8,13%

24,25%

21,41%

20,38%

22,99%

19,72%

18,95%

18,50%

17,20%

19,65%

18,81%

17,21%

19,78%

18,38%

20,49%

18,58%

15,75%

16,78%

15,84%

13,93%

15,15%

11,75%

24,00%

20,00%

16,00%

12,00%

4,00%

2025/06

8,00%

CEMBRE | Investor relations 24

35.000

30.000

INVESTMENTS TREND

2024: construction in progress of two new industrial buildings of 15,000 m² for 18,6 mln/€ in 2024

25.000

20.000

15.000

2011: purchase of industrial complex close to headquarters for 9.4mln/€

2012: creation of an automated warehouse in a new industrial building of 4,800 m2 for 6.0 mln/€

2018: construction of new industrial building of 9,600m² for 5.9mln/€

10.000

5.000

0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Investments in tangible assets Investments in intangible assets Total investments



CEMBRE focused on these targets:

2025 AND ONWARDS

Business development thanks to:

• A strengthening of CEMBRE competitive advantage by developing new products and continuous product range renewing by an intense R&D activity

• Improvement of the distributor channel in foreign countries

• An higher penetration in the foreign markets, especially in the US and Germany

• A commercial commitment focus on high growing potential products

Cost management by a better operative efficiency obtained from economies of scale and process innovations; Enforcing the manufacturing structure by investing in high-tech, highly-automated machinery.

2025 AND ONWARDS

The automated warehouse, located in a 4,800 m2 industrial building built in 2012, has been operating from January, 2013.

2021/02 CEMBRE | Investor relations 27

In January 2023, the project to expand the production capacity of "Electrical Connectors" at the Cembre SpA headquarters was approved for a maximum investment of

€42 million, which provides for non-repayable contributions for a maximum of €4.9 million.

2025 AND ONWARDS

Future facilities for the production of electrical connectors

Automated

warehouse

28

2025/06 CEMBRE | Investor relations

2025 E OLTRE

In 2023, work began on the construction of two new industrial buildings for a total of 15,000 m2.

Image dated September 17, 2025

Cembre

FTSE Italia Star

data updated at September 3, 2025

STOCK DATA & SHAREHOLDING STRUCTURE

Cembre has been listed since December 1997, and is a part of the Star Index since September 2001.

1 Using consolidated profit 2 Using the year-end share price