Marzocchi Pompe S p A : 1H-2021 Results Presentation - October 05, 2021

1H-2021 RESULTS PRESENTATION

5 October 2021

Disclaimer

Privacy

Information

General terms & conditions

The document, drafted by the management of Marzocchi Pompe S.p.A., is strictly confidential, therefore none of its contents may be shared with third parties or used for purposes different from those specified in it. Furthermore, this Document shall not be copied or reproduced without the written consent of Marzocchi Pompe S.p.A., either wholly or partially. It is therefore explicitly agreed that, by accepting this presentation, the recipient implicitly gives his consent to be bound by the limitations it contains.

If the recipient at any time disagreed with this constraint, he would kindly and immediately return the document to Marzocchi Pompe S.p.A..

The document does not represent in its entirety neither Marzocchi Pompe S.p.A. nor the project that Marzocchi Pompe S.p.A. aims to achieve and, therefore, there may be some omissions concerning information related to it. Marzocchi Pompe S.p.A. is not obliged to provide the recipient with any updates or additions to the document, even if it contains errors, omissions or inaccuracies.

The document was produced with due care and diligence; nevertheless, Marzocchi Pompe S.p.A. gives no warranty as to both the completeness, accuracy and correctness of the information and the forecasts or opinions expressed therein. Some parts of the document contain statements which are long-term forecasts, which represent then estimates subject to risks and uncertainties and, therefore, may differ, even substantially, from any future results.

Neither Marzocchi Pompe S.p.A. nor its employees assume responsibility for the content of the document, even in cases where the recipient may suffer, even implicitly, any damages or losses caused by the omission of information, data and analysis.

The document has been prepared by the management of Marzocchi Pompe S.p.A..

The document is not to be construed as an offer or solicitation to buy or subscribe shares issued by Marzocchi Pompe S.p.A. or the respective managers, directors, employees or agents. It is agreed that, if you were to make an offer or invitation to purchase or subscribe shares or related financial instruments issued by Marzocchi Pompe S.p.A., the same would be carried out in compliance with the applicable regulations and with the use, when applicable, of an admission document.

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Agenda

• Company at a Glance
• 1H 2021 Results & Outlook
• Achievements
• Market & Competitive Positioning
• Appendix
• • Business Overview

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Marzocchi Pompe at a Glance: market leader on a global basis

Company

Key

Success

Factors

Main

Consolidated

Financials

Strategy

Marzocchi Pompe is a leading world player in the design, production and marketing of high performance external gear pumps and motors, which are used in sectors like: industrial (textile machines, machine tools, plastic injection machines, medical equipment, energy, etc.), mobile (agricultural machines, forklift trucks, etc.) and automotive (transmissions, power steering, attitude adjusters,..).

MP boasts a wide range of products well known for its high performance and great reliability, covering most of the market needs in terms of displacements and interfacing. The Company is focused on the production of very small displacement pumps, particularly suitable for automotive applications. A key feature is the continuous investment in R&D aimed at satisfying the customer demand for high performance products.

The production of the historical brand «Marzocchi Pompe» is entirely carried out in Italy, in two locations nearby Bologna: Zola Predosa and Casalecchio di Reno, through an extremely verticalized process that allows to keep the product quality under control.

	€/000		2018	2019	2020	1H 2021		1H 2021 Revenues by Business Line		1H 2021 Revenues by geographic area
	Net Sales		42.719	39.171	34.143	19.928
					0,3%
	EBITDA		7.516	5.422	4.129	3.877
	EBITDA Margin		17,6%	14,4%	12,2%	17,6%				15,6%
	Net Income		2.926	203	229	1.034			18%
				29,5%
									35%
	Net Equity		10.984	18.676	18.444	19.136
				25%
	Net Financial Debt		19.217	12.535	9.252	8.452			28,7%
				22%
		• Nearly 1,0 mln pumps produced		26,0%
	2020 KPI	•	More than 800 active clients
		•	Average employees number: 243	Sales Network	Automotive
								Industrial	Mobile		AMERICA		EUROPA		ITALIA		ASIA		RoW

Marzocchi Pompe aims to continue:

• to upgrade the production plant in order to expand its capacity and improve efficiency
• to invest in R&D in order to enlarge the product range, consolidating its position in the reference market
• to increase penetration on Mobile and Industrial applications such as the forklift trucks (mobile) and plastic injection machines (ind.)
• to develop innovative products for the Automotive market, as witnessed by the important award from a leading world player

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Shareholders & Top Management: full aligment of interest

TOP MANAGEMENT

BOARD OF DIRECTORS		SHAREHOLDERS

Paolo MARZOCCHI

Main Shareholder,

Executive Chairman

Gabriele

BONFIGLIOLI

CEO e General Manager

Paolo MARZOCCHI

Executive Chairman

Carlo MARZOCCHI TABACCHI

Vice Chairman

Gabriele BONFIGLIOLI

CEO

Guido NARDI

CFO, Executive Director

Valentina CAMORANI SCARPA

Board Member

Matteo TAMBURINI

Board Member

Giuseppe ZOTTOLI

Independent Board Member

Free Float 23,19%

Crosar Capital SpA	Abbey Road S.r.l.
6,73%
	(Paolo
Andrea Zucchini *	Marzocchi)
59,63%
1,57%
Marco Minghetti *
1,57%
Aldo Toscano *
1,57%	Urban 90 S.r.l. (Gabriele Bonfiglioli)
Guido Nardi * 1,57%	* 4,19%

Note: * Marzocchi Pompe's Key Managers (Mr Bonfiglioli, Mr Nardi, Mr Toscano, Mr Minghetti and Mr Zucchini) just renewed the Stability Pact until June 2023

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