FNM S p A : IH 2025 CONSOLIDATED RESULTS

FNM GROUP

1H 2025 RESULTS

1 August 2025

Financial Highlights - REPORTED1

+7.0%

305.6 327.1

+7.8%

34.9%

106.0 114.3

34.7%

1H 2024 1H 2025 1H 2024 1H 2025

30.3

+38.3%

41.9

+7.8%

668.5 720.4

1H 2024 1H 2025 31/12/24 30/06/25

1 - Including the effects of the consolidation of Viridis and its subsidiaries from 23 February 2024, and Nordcom from 15 July 2024. Pro forma figures,

including the effects of Viridis results fully consolidated as if the company had been acquired since January 1, 2024, are provided on slide 24. 2

Operating Highlights | Sustainable mobility

+2.2%

1,567.6

1,602.8

1H 2024

1H 2025

Light vehicles

Heavy vehicles

321.1

316.4

+1.3%

103.2

104.5

-1.7%

35.3

34.7

1H 2024

1H 2025

Trenord

Bus transport

3

Operating Highlights | Renewable energy

71.9

48.1

+23.8

MW

69.9

46.1

30/06/24

30/06/25

Solar-PV

Biogas

60,166

39,770

+51.3%

1H 2024

1H 2025

Solar-PV

Biogas

8,560

8,686

31,084

51,606

4

Overview

Economic & Financial Results

Outlook

Appendix