PRY-CAMHOME

PRESS RELEASE

PRYSMIAN GROUP TO ENTER THE "INTELLIGENT HOME" MARKET

THE NEWTECHNOLOGY PROMOTES INCREASED ACTIVE POWER SAFETY IN HOMES

PILOT LAUNCH IN THE NETHERLANDS WITH SONEPAR SUCCESSFULLY COMPLETED

Milan, 26 May 2021. Prysmian Group, world leader in the energy and telecom cables systems industry is entering for the first time the "intelligent home" market with the innovative PRY-CAM HOME technology, aimed at managing and increasing active power safety in homes. Following the pilot launch that has been successfully completed in The Netherlands in collaboration with Sonepar, PRY-CAM HOME is ready to be launched globally. Currently on sale at Technische Unie retailers, PRY-CAM HOME will soon be available in all major European markets and then expand into the rest of the world.

PRY-CAM HOME is designed to support electricians in carrying out the required checks during commissioning, maintenance and periodic controls. Also, PRY-CAM HOME allows homeowners to monitor the efficiency of their electrical systems and actively increase their safety. More a primary good rather than a luxury accessory, PRY-CAM HOME is a unique and cost-effective solution that meets a need identified on the market, resulting from years of know-how and expertise developed in HV & MV power systems' monitoring and deployed to the residential market.

"Thanks to the strong collaboration between Technische Unie, a Sonepar company, and Draka a brand of Prysmian Group in The Netherlands, we have seized the opportunity to introduce PRY-CAM HOME on the Dutch market. We strongly believe in this innovative monitoring and testing tool for electrical installations in the home that is extremely easy to use both by electrical installers and by homeowners", said Bas Schröder, Sales Director Technische Unie The Netherlands. "Together we will demonstrate the great value of PRY-CAM HOME and we expect this solution to be part of all future electrical installations. Because safety is important for us all", he added.

"PRY-CAM HOME marks a milestone for Prysmian Group that enters a new niche consumer market and completes our full product offer for the construction industry", remarks Francesco Fanciulli, Energy Business Executive VP, Prysmian Group. "With PRY-CAM HOME we promote greater energy awareness and a more sustainable use of electric power in homes", he added.

More than 80% of domestic fires are due to power system failures. The electrical installation is an invisible component of the home and it is rarely considered subject to wear and aging. As a consequence, its maintenance may be limited, none at all or carried out only following a fault. The need to responsibly monitor residential power safety and efficiency has become, therefore, a fact and PRY-CAM HOME is the ideal solution and the perfect complement to an outstanding product range for the construction sector,

Developed by Prysmian Electronics, the division within the Group and fully dedicated to electronics-based solution for power systems' monitoring, PRY-CAM HOME combines innovation and technology primacy into an easy to install, manage and use solution that provides extensive and straight-forward information, as well as real-time response, to improve work procedures for electricians and make power safety and efficiency easier for homeowners.

Prysmian Group

Prysmian Group is world leader in the energy and telecom cable systems industry. With almost 140 years of experience, sales of over €10 billion, about 28,000 employees in over 50 countries and 104 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.

Media Relations

Investor Relations

Lorenzo Caruso

Cristina Bifulco

VP Communication & Non-Financial Reporting

Chief Sustainability Officer and Group Investor Relations

Director Ph. 0039 02 6449.1

Ph. 0039 02 6449.1

lorenzo.caruso@prysmiangroup.com

mariacristina.bifulco@prysmiangroup.com

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Prysmian S.p.A. published this content on 26 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2021 10:34:05 UTC.