PRESS RELEASE

NOCIVELLI ABP WINS NEW TENDER WORTH ABOUT EURO 7 MILLION

In less than a month, Nocivelli has secured awards for works towards the PA worth over 30 million Euro

The subject of works pertaining to Nocivelli in this latest contract are construction and plant works aimed at

health care facilities and community houses in several provinces of Lombardy, falling under the NRRP

Castegnato (Brescia), June 28, 2023 - Nocivelli ABP S.p.A. (ABP:IM), an ESCo Company specialised in building technological systems and facility management services, and a nationwide Public-Private Partnership clinic and hospital construction leader, as part of a temporary consortium ("RTI, Raggruppamento Temporaneo di Imprese", Temporary Consortium) has been awarded as the Group Leader together with the company Pavoni SpA, with four lots of a tender concerning the assignment of the execution of construction and plant engineering works for the construction and/or adaptation of facilities to be used as Community Hospitals and Community Homes in the provinces of Brescia and Lodi. The amount of works of a plant engineering nature under Nocivelli ABP's responsibility (all falling under the NRRP-National Recovery and Resilience Plan, such as plumbing, kitchens and laundries, heating and air conditioning systems, electrical, telephone, radio and television systems) is about Euro 7,0 million. The works will be carried out over the next 3 years.

This is the third tender won by NocivelliI in less than a month. Together, the three public tenders won - two of them related to projects under the NRRP - total over 30 million Euro.

Nicola Turra, CEO of Nocivelli ABP, said: "This third consecutive award allows us to bring attention back to Nocivelli's unique business model. Thanks to a relevant solidity, an absence of debt, and above all an industry know-how that is recognized by stakeholders, we have been able to win tenders that add value and marginality to our backlog. At the same time, we address the big issue that Italy has today, which is to find a way to appropriately use the NRRP resources on projects that improve the environmental impact, by efficiently improving the energy performance of public places and buildings."

Bruno Nocivelli, President of Nocivelli ABP, added: "Our role in supporting the Public Administration is not only as a provider of energy efficiency services but also as a partner for the whole supply chain, capable of proposing valuable financial transactions that can attract the NRRP funds that have not yet been allocated, particularly in the Healthcare sector."

Overview of Nocivelli ABP

The ABP Nocivelli 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, specialising 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 Half-Year Results at December 31, 2022 report a value of production of Euro 40.8 million, EBITDA of Euro 9.2 million and a net profit of Euro 5.9 million.

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Contacts:

ABP Nocivelli S.p.A.

Investor Relations Manager

Strada Padana Superiore

Alessandra Perego

n. 67 25045 Castegnato (BS)

Tel: + 39 030 2142011

www.abpnocivelli.com

Email:investor.relations@abpnocivelli.com

IR Advisor and Corporate Media Relations

TWIN Srl

Mara Di Giorgio

Chiara Bortolato

Tel: +39 335 7737417

Tel: +393478533894

Email:mara@twin.services

Email:chiara@twin.services

Euronext Growth Advisor

Banca Mediolanum SpA

Tel. 02.9049.2525

Email:ecm@mediolanum.it

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Disclaimer

Azienda Bresciana Petroli Nocivelli S.p.A. published this content on 28 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2023 07:34:07 UTC.