2025 STATUTORY FINANCIAL STATEMENTS AND GROUP CONSOLIDATED FINANCIAL STATEMENTS APPROVED

2025 STATUTORY FINANCIAL STATEMENTS AND GROUP CONSOLIDATED FINANCIAL STATEMENTS APPROVED

2025 STATUTORY FINANCIAL STATEMENTS AND GROUP CONSOLIDATED FINANCIAL STATEMENTS APPROVED

The Shareholders' Meeting of Ferrotramviaria S.p.A. has approved the Company's Financial Statements and the Group's Consolidated Financial Statements for the 2025 financial year.

2025 was a particularly significant year for our company, marked by the renewal of the Board of Directors, the appointment of a new Chairman, and changes in the executive management team, all within a framework of continuity and a forward-looking vision. Guided by responsibility and renewal, the shareholders strengthened their leadership role in shaping the Group's future strategies, while a major internal reorganization was implemented to enhance operational efficiency, streamline decision-making processes, and strengthen the company's ability to address the challenges arising from the evolving mobility sector.

The 2025 results further confirm Ferrotramviaria's strength and growth potential, with the value of production increasing by more than €4.2 million compared to 2024, revenues up by 6.4%, and more than 5.5 million passengers transported. The parent company, Ferrotramviaria S.p.A., also closed the financial year with a positive EBITDA, in line with the previous year's performance.

Further demonstrating the Group's industrial and financial strength, more than €16 million in investments were made during the year through internally generated resources and self-financing. These investments were directed towards improving services, infrastructure, and mobility across the territories served.

Behind these achievements are, above all, our people: a team of 626 employees, an increase compared to the previous year thanks to the recruitment plan implemented throughout 2025. With an average age of under 40 and increasingly specialized professional profiles and high-level technical expertise, our workforce represents one of the Group's key drivers of growth, innovation, and competitiveness.

On the same day, the 2025 Sustainability Report was also approved, marking the third consecutive year of voluntary sustainability reporting. The report provides tangible evidence of the Group's commitment to environmental, social, and governance (ESG) principles, as well as its determination to measure and transparently report the value created for stakeholders, the communities it serves, and the territories in which it operates.

Growth, investment, responsibility, sustainability, and a long-term vision continue to guide the development path of the Ferrotramviaria Group.

FERROTRAMVIARIA