Azienda Bresciana Petroli Nocivelli S p A : A.B.P. Nocivelli is attending KT&Partners Annual Investors Summit Day at 5 June 2024

NOCIVELLI ABP

KT&Partners Annual Investors Summit Day 2024

5th June 2024

AGENDA

1. COMPANY AT A GLANCE
2. FINANCIAL HIGHLIGHTS H1 '23/'24
3. KEY TAKEAWAYS & FUTURE OUTLOOK
4. Q&A

ANNEX

ABP | KT&Partners Annual Investors Summit Day 2024

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AGENDA

1. COMPANY AT A GLANCE
2. FINANCIAL HIGHLIGHTS H1 '23/'24
3. KEY TAKEAWAYS & FUTURE OUTLOOK
4. Q&A

ANNEX

ABP | KT&Partners Annual Investors Summit Day 2024

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LEADER IN SUPPLYING PA WITH ENERGY SERVICES

Nocivelli ABP is specialised in supplying public administrations with energy services thanks to a solid know-

how gained over the last 60 years, which includes the promotion of PPP projects (involving the building of hospitals and the supply of energy and facility management services).

Listed on Euronext Growth Milan since 2021, Nocivelli ABP

is an ESCo - Energy Service

Company

Core activities:

• Supply of technical and commercial services necessary for the implementation of interventions of energy efficiency

v Financing of the improvement intervention of energy efficiency

v Project Financing: proposals for interventions aimed to the energy efficiency of plants or buildings public

ABP | KT&Partners Annual Investors Summit Day 2024

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MORE THAN 60 YEARS OF SUCCESSFUL ACHIEVEMENTS

Business diversification.

The company enters new businesses switching to natural gas in heating systems. Realisation of technological, mechanical and electrical systems, in the construction of civil and industrial buildings and in facility management.

1963 19882000

Renovation and expansion of the Brescia hospital "Spedali Civili". This focus on "PPPs" enabled the company to achieve noteworthy know-howin the sector and a competitive edge on its competitors.

2010

-2016 2015

IPO AIM Italia - Now Euronext Growth Milan.

Award for the supply of diagnostic systems for the Alessandria hospital in RTI*.

20212022

Awarded tender in RTI*

• Energy efficiency and seismic upgrading of a school building in Vobarno (BS).
• Plant engineering works concerning healthcare facilities and community houses in Lombardy (Euro 21.8mln)
• construction and plant works aimed at health care facilities and community houses in several provinces of Lombardy. (Euro 7mln)

20232024

Nocivelli ABP set up in the province of Brescia (Lombardy) initially involved in the trade of oil products and lubricants (distribution of oil for heating).

Entry into the public concession market.

Winning the concession for the construction and management of a part of the Brescia hospital "Spedali Civili di Brescia", marking the ingress in the hospital field.

Acquisition of RPP S.r.l. "Run	Awarded Consip
Power Plants" - Involved in the	tenders in RTI* for facility
design, construction supply,	management services for
installation and maintenance of	Public Sector properties in
LED lighting.	Liguria, Piedmont and
	Valle d'Aosta.
	Achievement of
	"SUPPLIER" qualification
	from Terna with a plafond
	of Euro 25 million.

Starting the works for

the modernization and safety of the Gavardo

Hospital in Brescia worthing 18 million

(execution of a number of lots of a previously-awarded tender)

ABP | KT&Partners Annual Investors Summit Day 2024

*RTI (Raggruppamento Temporaneo di Imprese - Temporary Consortium)

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KEY FACTORS FOR SUCCESS

Integrated Offer

Know-how

Certifications

Long-lasting	Solid BS and	High visibility
experience	financial growth	with over
		800 m backlog

ABP | KT&Partners Annual Investors Summit Day 2024

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BUSINESS UNITS

1SERVICESTechnological and facility management services focused on energy and heating solutions

2CONSTRUCTION

Construction and management of public and private buildings, particularly hospitals

3PETROLEUM PRODUCTS

ABP | KT&Partners Annual Investors Summit Day 2024

• Energy: supply of goods and services aimed at maintaining the "comfort conditions" of buildings, while focusing on the optimised use of resources
• Heat: management of the entire cycle of technological systems, energy supply, ordinary maintenance, day-by-day management and upgrades in compliance with the safety and energy-efficiency law
• Facility management: design, implementation and management of all the ancillary functions needed by the clients to run their infrastructures
• Civil and industrial utility systems, including traditional and innovative systems, such as electrical, thermomechanical and sanitary systems, as well as heating and ventilation systems;
• Building works, including the renovation and expansion of hospitals, as well as civil and industrial buildings.

v Residual activity, once used to be its core business. The company stores and sells petroleum products for heating and traction

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PPPs SPONSORED BY PRIVATE COMPANIES

PPP

Public-Private Partnership

Public Tenders

Turnover by client

• Public bodies and private companies cooperate to fund, design, build and

manage public infrastructure or services with a long-term view

• The company's interest is aligned to the PA' through long-termagreements

(average length 25Y)

• Revenue stream usually guaranteed by a steady fee or royalties

• PA backs all the funding needed, bearing the risks. The tender winner only

takes on operating risks. Timeframe of a contract: usually between 2 to 9

years

• PA entirely defines the subject matter - call for tenders and contract terms

are not negotiable

90%

PA

10%

Private hospitals

• Public entities (municipalities and provinces)
•	Public hospitals and nursing homes; Private hospitals and nursing homes
•	Private companies

ABP | KT&Partners Annual Investors Summit Day 2024

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AGENDA

1. COMPANY AT A GLANCE
2. FINANCIAL HIGHLIGHTS H1'23/'24
3. KEY TAKEAWAYS & FUTURE OUTLOOK
4. Q&A

ANNEX

ABP | KT&Partners Annual Investors Summit Day 2024

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VALUE OF PRODUCTION KEEP GROWING

VALUE OF PRODUCTION

42.6M

YOY GROWTH+4.5%

(40.8M as 31.12.2022)

40.842.6

29.9

H1 2021-2022

H1 2022-2023

H1 2023-2024

Values in €mln

REVENUES

39.6M

-5.2%

(41.8 M as 31.12.2022)

BACKLOG as 2031

800M

(Not including revenues as 31.12.2023)

Revenues slightly decreasing manly due to the delay accumulated by the public administration in approving the preliminary design necessary for

the execution of works subject to significant contracts, causing a

temporal shift of the works to the

first semester of 2024

Exclusively includes contracts

already secured and ready to be

executed

ABP | KT&Partners Annual Investors Summit Day 2024

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