Somec S p A : Mid&Small - Milano 3 dicembre 2025

03 December 2025

Chief Corporate Officer

Group CFO

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1. COMPANY OVERVIEW

2. H1 2025 FINANCIAL RESULTS

3. Q&A ANNEX

SOMEC GROUP

IS ONE OF THE WORLD'S LEADING EXPERTS IN THE CONSTRUCTION OF COMPLEX TURNKEY PROJECTS

Somec Group encompasses an ecosystem of expert companies specialised in engineering, design and deployment of complex turnkey projects in both civil and naval engineering.

Our companies excel through integrated and synergistic operations, strictly adhering to quality and safety standards while offering high levels of customization and expertise in processing various materials-essential for high value-added projects.

With over 40 years of history, Somec Group's presence spans 12 countries and 3 continents, boasting 18 production plants and more than 1,000 people. Somec SpA has been listed

on the Italian Stock Exchange since 2018.

We are reputable and reliable partners of excellence, thanks to our functional engineering and design management abilities,

our competence in materials

and the expertise we bring to our projects.

We serve as the hub

of Italian construction quality, aggregating corporate and knowledge resources from extraordinary and globally recognised competencies,

all dedicated to complex and highly specialised construction projects.

Our Group firmly believes in freedom as a core value for every individual

- be it an engineer, skilled

worker or craftsperson.

We continuously seek innovative

solutions and processes

to ensure the best outcome

for every project.

Year of foundation Somec enters the

marine glazing business

The company adds another

challenging business:

the marine refitting

Oscar Marchetto acquires the majority stake of Somec. Giancarlo Corazza and Alessandro Zanchetta, members of the board, become shareholders

With the acquisitions of Oxin and Inoxtrend, the company becomes a Group and enters the segment dedicated to professional kitchen systems and product, in the naval

and civil sectors

Listing on the Italian stock

exchange (AIM)

The Group acquires Fabbrica, entering the architectural envelopes business in the US

Hysea is born and the Group enters the naval interiors industry

The expansion strategy continues through the acquisitions of TSI, GICO, Primax,

Pizzagroup, Skillmax and

the launch of Fabbrica Works

The Group acquires Bluesteel and, as an extension of its bespoke interiors division, establishes Mestieri and completes the acquisition

of Budri and Lamparredo

It strengthens its presence in the United States by creating Pizzagroup USA and Mestieri USA

The Group acquires Gino Ceolin company through its direct subsidiary Mestieri

It continues its

business and geographic

diversification strategy

FLORIDA

TEXAS

NEW YORK

CONNECTICUT

CANADA

GERNANY

SWITZERLAND

FRANCE

UK

ITALY

Somec Group HQ

NORWAY

FINLAND

SLOVAKIA

RONAN

CHINA

PORTUGAL

Horizons: eng ineered systems for bui Talenta: professional kitchen system Mestieri: design and production of b

eriors

SPECIALISING IN THREE MACRO SEGMENTS

Consistent Growth in Passenger Volume.

The cruise industry is expected to exceed 37 million passengers globally in 2025 (+7% compared to 2024) and 42 million passengers are forecast to sail in 2028.

Top companies like Royal Caribbean, Carnival Corporation, and Norwegian Cruise Line Holdings are spearheading Innovation with eco-friendly ships and personalized travel experiences.

2025 will see various cruise ships undergoing significant refurbishments with the return of big drydock programs.

The luxury cruise travel market has tripled since 2010.

The cruise industry increasingly requires ships with innovative, personalized interior solutions that enhance onboard comfort and luxury. This trend is driving companies to develop high-value-added materials, designs, and technologies.

Source s

Main cruise operator statements

FOCUS ON MARINE & CRUISE INDUSTRY

Investments in boutiques and flagship stores with high aesthetic and technological standards are enhancing customer experiences.

Growth of turnkey contracting in both public and private building: the interior design

market is experiencing significant growth at a CAGR of 4.5% between 2024 and 2029, due the increase in construction, as more buildings are being constructed and renovated, rising demand for integrated solutions that reduce execution time while ensuring quality and cohesive design.

The professional kitchen sector is growing and evolving rapidly due to technological innovation, sustainability, and the increasing demand for high-quality catering.

This market includes equipment and solutions for restaurants, hotels, catering services, canteens, food trucks, and cruise ships. The global commercial kitchen appliances market was valued at USD 98.34 billion in 2024 and is projected to grow

at a CAGR of 7.3% from 2025 to 2030.

Source s

Bain-Altagamma Luxury Good s Worldwide Market Study, 2 025

Technavio, Interior Design Service s Market An alysis, 202 5

FOCUS ON LAND-BASED AREA

"People are the greatest asset in a company. The continuous innovation at customer's service and the constant enhancement of performances are the objectives reached by working in team."

Oscar Marchetto

Attracting, retaining and valuing talent is pivotal in the Group's strategy to maintain a constant and high level of competitiveness.

Only through human capital can innovation be pursued,

practising an approach and process method that links experience, creative effort and experimentation, in partnership with customers. All the design, research and development departments of the various companies of the Group work in synergy to develop unique solutions of excellence, able to respond to the constant technical and aesthetic challenges that the market demands.

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