TREVI Finanziaria Industriale S p A : ADDITIONAL INFORMATION ON THE FIRST QUARTER OF 2024 - MAY 14, 2024

PRESS RELEASE

Additional information on the first quarter of 2024

ORDER INTAKE AT EURO 128.3 MILLION, IN LINE WITH Q1 2023.

ORDER BACKLOG AT EURO 755 MILLION, INCREASING BY EURO 202 MILLION (UP

BY 37%) COMPARED TO 31 MARCH 2023

BUSINESS PERFORMANCE IN LINE WITH EXPECTATIONS

NET FINANCIAL DEBT AT EURO 203.4 MILLION, SUBSTANTIALLY UNCHANGED

COMPARED WITH 31 DECEMBER 2023

Cesena, 14 May 2024 - Today, the Board of Directors of Trevi - Finanziaria Industriale S.p.A. ('Trevifin' or the 'Company'), chaired by Paolo Besozzi, reviewed the business performance in the first quarter of 2024.

Business performance

During the first quarter of 2024, continuing the positive trend of the previous year, the Trevi Group acquired new orders worth Euro 128.3 million. Thanks to these latest acquisitions, at the end of March 2024, the Group's order backlog increased to Euro 755 million (up by 4.9% compared to 31 December 2023).

Trevi Division

In the first quarter of 2024, the Trevi Division acquired several projects for a total of 98,5 million of Euro. Among the main orders acquired are:

• in the United Arab Emirates ('U.A.E.'), Trevi will perform the island foundation works for the development of the innovative oil and gas project of the Hail and Ghasha fields; also in the U.A.E., Trevi was awarded a contract by Dubai Multi Commodities Centre to carry out the foundations for the second phase of the Uptown Dubai project, which involves the construction of two medium-sized towers within the district of the same name, in the heart of the new Dubai, at the southern end of the city; in Italy, Trevi was awarded the foundation works for the new plant of a major Italian car manufacturer.

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Soilmec Division

In the first quarter of 2024, the Soilmec Division acquired orders for approximately Euro 36.2 million of Euro, an increase of 20% compared to the same period in 2023.

Group Performance

The Group's Net Financial Debt at 30 March 2024 amounted to Euro 203.4 million, substantially in line with Euro 202 million recorded at 31 December 2023.

The Group's performance in the first quarter of the year in terms of order intake and backlog was in line with the forecast for the year 2024.

In addition, the Trevi Group received further recognition for its commitment to ESG. In fact, for the third year running, it was included in the list of 'The most climate-conscious companies' devised by Statista, a company specialising in market research ranking and analysis of company data, and the Italian newspaper Corriere della Sera. The research by Statista and Corriere della Sera/Pianeta 2030 was based on CO2 consumption, divided into Scope 1 and 2 about the turnover for 2020-2022 reported in the Non-Financial Statement 2022.

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The C.F.O., Massimo Sala, in his quality as Manager in charge of financial reporting, hereby declares, pursuant to Article 154-bis, paragraph 2 of the Italian Consolidated Law on Finance, that the information contained in this press release accurately represents the figures contained in the Company's accounting records.

Disclaimer: this press release contains forward-looking statements. These statements are based on the Group's current estimates and projections of future events and, by their nature, are subject to an intrinsic component of risk and uncertainty. Actual results may differ materially from those contained in such statements due to a variety of factors, including continued volatility and further deterioration in capital and financial markets, changes in macroeconomic conditions and economic growth and other changes in business conditions, as well as other factors, most of which are beyond the Group's control.

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The Trevi Group is a world leader in all-round subsoil engineering (special foundations, soil consolidation and recovery of polluted sites) in the design and marketing of specialised technologies in the sector.

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Born in Cesena in 1957, the Group has about 65 companies and, with its dealers and distributors, is present in 90 countries. Among the reasons for the success of the Trevi Group are the internationalisation, integration and continuous interchange between the two divisions: Trevi, which carries out special foundations and soil consolidation works for large infrastructural interventions (subways, dams, ports and docks, bridges, railway and motorway lines, industrial and civil buildings) and Soilmec, which designs, manufactures and markets machinery, systems and services for subsoil engineering.

The Parent Company Trevi - Finanziaria Industriale S.p.A. has been listed on the Milan stock exchange since July 1999 in Euronext Milan.

For further information:

Investor Relations: Massimo Sala - e-mail:[e-mail]

Group Communications Office: Franco Cicognani - e-mail:[e-mail]

Press Office: Mailander Srl - Phone: [phone]

Carlo Dotta - Phone: [phone] - [e-mail]

Federico Unnia - Phone: [phone] - [e-mail]

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