2025 03 28 TPS The Board Approves 2024 Sustainability Report

Technical Publications Service S.p.A.

• ● PRESS RELEASE ●

TPS GROUP: THE BOARD APPROVES THE 2024 SUSTAINABILITY REPORT WITH OF

GENDER EQUALITY SYSTEM CERTIFICATION

Gallarate (VA), 28 March 2025 - TPS S.p.A. (TPS: IM), operational holding of the TPS Group, leading company in technical services and engineering for the aeronautical and automotive industry ("TPS", or "Company" or "Issuer") would like to inform you that on this day, the Board of Directors approved the 2024 Sustainability Report.

With the publication of the Sustainability Report, the TPS Group has set itself the aim of continuing its commitment to involving everyone who works within the group or for the group, so as to bring a sustainability-focused strategy alongside the current aims of improving the organisation, quality, and the level of service provided to customers.

The Sustainability Report for the period 1st January - 31st December 2024, certified by auditing form Audirevi, was drawn up based on GRI Universal Standards using specific indicators according to the approach "with reference to the GRI" and the relevant conformity level "reporting with reference to the GRI Standards", as set down in requirement a-ii of point 3 of the standard "GRI 1 Basic Principles 2021".

To summarize, in terms of social and environmental sustainability, the TPS Group has operated along three lines:

• - economic and financial benefits: the most significant stakeholders continue, by far, to be employees (56% of the economic value for the financial period); they are followed by suppliers (32%, also including depreciation under this item); then Public Administration (3% of the economic value distributed).

• - environmental benefits: in the light of its specific business activities, the TPS Group is not configured as a company with a high impact on the environment. In 2024, TPS Group has managed all its company sites except Biella, Collesalvetti, Faggiano and Pisa using electricity that comes 100% from renewable sources, according to a specific declaration by the operators.

• - social benefits: the TPS Group promotes, stimulates and encourages the professional growth of all its employees, guaranteeing equal opportunities regardless of gender, ethnicity, sexual orientation or company classification. Policies are adopted for this purpose that promote access to employment opportunities in a fair and non-discriminatory manner. The year 2024 shows a substantial stability of the workforce compared to the previous year. For some time, the TPS Group has been implementing a stabilisation strategy regarding its human resources, due to which, even in 2024, about 95% of the total workforce had been employed in permanent contracts.

-www.tps-group.it -

In 2024, 28% of staff were under the age of 30.

Female personnel account for 21% of the total company workforce and 27% occupy key roles within the organisation, a figure that is up from the previous two years.

Finally, in February 2025, TPS achieved UNI/PdR 125:2022 certification on the Gender Equality Management System.

The TPS Group places the utmost importance on the skills of its personnel and on seeking out new professional outlets. In 2024, in fact, the Group provided 15,606 hours of training for an average of 25.83 hours per capita to update workers' skills.

Documentation will be deposited at the registered offices of the Company and at the same time, made available in the Investor Relations, Sustainability Report section of the Issuer's websitewww.tps-group.it within the terms set by law.

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This press release is available on-line atwww.tps-group.it (Investor Relations/Press Releases section)

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TPS S.p.A. is the operating holding company of TPS Group, a leader in technical and engineering services for the aeronautical industry, with a particular focus on the helicopter segment. TPS has been a Borsa Italiana "Elite" company since 2016.

TPS Group operates in the aeronautical, automotive, defence, railway, naval and cable transport systems sectors, providing Technical Publishing & Training, Engineering, Design and Cost Engineering, Avionic Software Development and Systems Integration, Digital Content Management TPS Group's clients include leading businesses in the design and production of aircraft and aeronautical components, as well as leaders in the automotive, railway, defence and cable transport systems manufacturing sector.

ISIN code for ordinary shares: IT0005246142 - Ticker for ordinary shares: TPS:

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