Neodecortech S p A : Presentazione societaria

DISCLAIMER

This document has been prepared by Neodecortech S.p.A. ("NEODECORTECH") solely for use in connection with the pres-entation of the Company to potential investors and shareholders and may not be used for any other purposes.

The information contained in this document has not been inde-pendently verified and no representation or warranty express or implied is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained herein.

Certain information contained in this presentation may contain forward - looking statements which involve risks and uncertainties and are subject to change. Actual results may differ materially from those contained in any forward-looking statement due to a number of significant risks and future events which are outside NEODE-CORTECH's control and cannot be estimated in advance such as the future economic environment and the actions of competitors and others involved on the market. These forward-looking state-ments speak only as at the date of this presentation. NEODECORTECH cautions you that forward looking-statements are not guarantees of future performance and that its actual financial position, business strategy, plans and objectives of management for future operations may differ materially from those made in or suggested by the forward-looking statements contained in this presentation.

In addition, even if NEODECORTECH's financial position, business strategy, plans and objectives of management for future operations are consistent with the forward-looking statements contained in this presentation, those results or developments may not be indicative of results or developments in future periods. NEODECORTECH expressly disclaims any obligation or undertak-ing to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in NEODE-CORTECH expectations with regard thereto or any change in events conditions or circumstances on which any such statement is based.

The information and opinions contained in this document are provided as at the date of this presentation and are subject to change without notice. The recipient will be solely responsible for conducting its own assessment of the information set out in this presentation and for any underlying business decision. NEODE-CORTECH has not made an independent evaluation or appraisal of its own shares, assets or liabilities (contingent or otherwise).

None of NEODECORTECH, its shareholders, or any of their respec-tive affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document.

The information contained in this presentation may constitute inside information pursuant to EU Regulation n. 596/2014, therefore the recipient undertakes to comply with the applicable regulations and, in particular, to not disclose them (i.e. by transmitting, circulating or publishing) in any way.

By accepting this presentation, you acknowledge and agree to be bound by the foregoing limitations and restrictions.

TABLE OF CONTENTS

1. Neodecortech at a glance

The Vision Group structure Confalonieri, Plana, Texte Cartiere di Guarcino S.p.A. Bio Energia Guarcino S.r.l. Plants and Operations Vertical integration benefits Intercompany flows Product lines Group figures 2019

Revenues 2019 breakdown by SBU Management Team

Company Governance Shareholders

Neodecortech: main historical milestones

2. Market

Total paper and paperboard market Focus on selected niches

Décor paper market

Global supply and demand of décor paper Neodecortech: geographical reach Strategic positioning

3. Financials

Consolidated revenues Revenues breakdown Costs breakdown P&L EBITDA analysis NET INCOME - analysis NWC & cash flow analysis Cash flow analysis 2019 Net financial position Debt maturity Income statement Balance sheet statement

4. Growth strategy

Key investment highlights Investment Opportunities

5. Neodecortech's sustainability approach

Strategy

The stakeholders ESG approach Materiality matrix & SDGs Environment

Social Governance Certifications Certifications history Key contacts

1. NEODECORTECH AT A GLANCE

5

1. Neodecortech Group at a glance

THE VISION

Neodecortech, a group 100% Made in Italy.

3 companies sharing the same vision and a clear industrial strategy:

"Providing the interior design industry with high-end products enhanced by distinctive Italian flair"