FIERA MILANO: THE BOARD OF DIRECTORS APPROVES THE CONSOLIDATED RESULTS AS AT 30 SEPTEMBER 2023

• Revenues of Euro 177.8 million, up 10% (+ Euro 16 million) compared to the first nine months of 2022
• EBITDA of Euro 56.2 million, an improvement of 13% (+ Euro 6.3 million) compared to the first nine months of 2022
• EBIT of Euro 17.8 million, an improvement of 27% (+ Euro 3.7 million) compared to the first nine months of 2022
• Net profit of Euro 23.7 million, a strong improvement compared to Euro 0.9 million recorded in the first nine months of 2022
• Net Financial Position before IFRS 161 effects: net financial availability as at 30 September 2023 equal to Euro 61.5 million, an improvement on the net financial availability of Euro 29.8 million as at 31 December 2022

2023 GUIDANCE UPGRADE: EBITDA OF EURO 85-90 MILLION COMPARED TO THE PREVIOUS RANGE OF 70-80 MILLION; NET FINANCIAL AVAILABILITY OF EURO 55-60 MILLION COMPARED TO EURO 30 MILLION REGISTERED IN DECEMBER 2022

BUYBACK PLAN LAUNCHED FOR THE REPURCHASE OF 350,000 TREASURY SHARES

EXPANSION OF THE PHOTOVOLTAIC SYSTEM: AMONG THE LARGEST ON ROOF IN EUROPE. FIERA MILANO RECEIVED THE “SUSTAINABILITY AWARD TOP ESG SCORE” RECOGNITION

The Chief Executive Officer and General Manager of Fiera Milano, Francesco Conci, commented: “In the first nine months of the year the Group recorded results above expectations with double-digit growth in Revenues and Ebitda and a Net Profit significantly improving compared to 2022. In light of the excellent performances achieved, and in consideration of the visibility on the fourth quarter - which confirms results above expectations - the Group is able to revise the Ebitda target upwards in the new range of Euro 85-90 million for the 2023 financial year, compared to the previous forecast of Euro 70-80 million. The strong cash generation achieved in the period also allows us to set an improved Net Financial Availability target of Euro 55-60 million at the end of the year, compared to Euro 30 million recorded as at 31 December 2022. These projections for 2023 are in line with the forecasts that were outlined in 2021 as part of the CONN.E.C.T. 2025 Strategic Plan, confirming the business model solidity and Fiera Milano's ability to properly manage negative impacts on prices and costs deriving from the macro and socio-economic dynamics that have characterized the period from 2021 to today. Looking to the future, we are proud to confirm that Fiera Milano was chosen to host in 2024 – for the second time in three years – the next edition of CPHI, the largest global event dedicated to the pharmaceutical industry, for which we expect more than 50 thousand visitors and 2,500 exhibitors from over 170 countries. Alongside the economic-financial objectives, the Group's commitment to develop an increasingly sustainable business model continues. To strengthen the governance and monitoring of ESG issues, the internal committee "Sustainability Committee" is working to define the strategic guidelines of a new sustainability plan. Finally, to confirm the Group's ever-increasing commitment to these issues, we are proud to share that Fiera Milano was awarded with the “Sustainability Award Top ESG score” recognition by ELITE (Borsa Italiana) and Forbes”.