Reway S p A : Presentazione giugno 2023

Investor Presentation

June 2023

Flight to Quality

The status of Strategic infrastructures mirror the near future.

Reway is the pillar that allows them to be preserved and made efficient, guaranteeing the safety and speed of people and goods, placing quality at the center of its value proposition

Paolo Luccini -

Chairman and CEO, Reway Group

2 Investor Presentation

Today's Speakers

Paolo Luccini - Chairman and CEO, Reway Group

He graduated in Economics and Commerce in 1993 at the University of Parma and soon after started working at an accounting firm where he remained for 2 years. In 1994 he founded MGA where he took on the role of Sole Director (until 2021) and Technical Director. In 2014 he founded TLS. In December 2021, he established Reway Group, where he holds the position of Chief Executive Officer and Chairman of the Board of Directors

Federico Della Gatta - CFO, Reway Group

He obtained a Bachelor's Degree in Management in 2017 at the Luigi Bocconi Commercial University and, after an internship at a consulting company, he obtained a Master in Global Commerce at the University of Virginia and a Master in Global Strategic Management at ESADE Business School in 2018. Immediately afterwards he began a 3-year work experience at Johnson & Johnson. In November 2021, he joined the AFC of the Reway Group

Investor Presentation

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We Are Mission Critical

ReWay Group is the Italian reference company for motorway infrastructure rehabilitation

Thanks to the 30 years of experience gained, ReWay Group combines operational and organizational expertise to deliver optimal and safe structures that have been strictly supervised. In fact, Reway is one of the only sector operators able to cover all stages of the process end-to-end. Furthermore, the certifications gained over the years guarantee the group an important competitive barrier.

The Italian motorway network extends for c. 7.000 km and represents only a part of the entire critical infrastructure system (also made up of the railway, port and data sectors).

The investment plans allocate budgets for ordinary maintenance and investments in transferable assets, in modernization, and extraordinary maintenance. The Group estimates that the total market over the next 5 years can reach a value of about € 8 billion.

All companies within the Group have a strong focus on research, in particular in the field of innovative materials, with the aim of achieving ever higher objectives of efficiency and sustainability. Research activities can be carried out both internally or in partnership with the Group's customers and suppliers.

Reway intends to perfect its strategic path mainly through external growth lines. In particular, the three streams on which growth prospects are reviewed are: (i) Vertical integration, (ii) Expansion into new markets (iii) Technological innovation

4 Investor Presentation

Financial Snapshot | FY 20221

Total Revenues | ~ € 110 m , + 20% YoY EBITDA | ~ € 19,6m , + 16% YoY

Net Income | ~ € 10m , + 16% YoY Cash Conversion Ratio (2022)| ~ 57%

Business Update | April 2023

People| ~ 400

Gross Backlog| + € 485m

Backlog Visibility | ~ 5 Years

Stock Update | Today2

Stock Price| € 4,25

From the IPO| +37%

1 All comparatives YoY have been made with 2021 FY pro-forma 2 Data as of Friday 23 June 2023

Corporate Structure

Paolo Luccini			Alex Luccini		Maryna Syvtsova
71%		25%			4%

Market	Luccini S.r.l.	Patrizia
Casillo
	16,75%			64,93%				7,33%

Elocyn Ltd

10,99%

Board of Directors

Paolo Luccini	Francesco Dell'Elmo
Chair	Vice Chair
Alex Luccini	Maryna Syvtsova
Director	Director
Galliano di Marco	Federico Della Gatta
Director	Director
Giuseppe Vegas
Independent Director

Reway Group S.p.A.

MGA S.r.l.		Soteco S.r.l.		TLS S.r.l.
100%			100%		100%

Board of Statutory Auditors

Stefano Lunardi	Mauro Zavani
President	Auditor
Barbara Alemanni	Sergio Vento
Auditor	Alternate Auditor
Stefano Montanari
Alternate Auditor
Auditing Firm*

*Until the approval of the financial statements as of 31/12/2023

Investor Presentation

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