Earnings release
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1 SALES GROWTH IN Q4 2025 (+10.2%) OUTPERFORMED LONG-TERM GUIDANCE Uboldo, January 13, 2026 - LU-VE Group announces the highlights results as of December 31, 2025: • In Q4-25, the sales of products reached € 163.3 million, 10.2% versus Q4-24. • The order book as of December 31, 2025, stands at € 233.7 million, marking an + 34.2% increase compared December 2024. * * * The Manager responsible for preparing the financial reporting, Eligio Macchi, declares, pursuant to Art. 154- bis, paragraph 2 of the Consolidated Law on Finance, that the accounting disclosure contained in this press release corresponds to the results of the accounting documents, books and entries. LU-VE Group is one of the world’s major industrial companies specializing in design and production of heavily engineered air heat exchangers and high- efficiency cooling systems for commercial, industrial, and technological applications. Founded in 1986, the company has grown to become a global player in the HVACR sector, known for its strong commitment to innovation. LU -VE Group operates a network of 20 production facilities (in 9 countries) and 35 sales offices across Europe, Asia, and North America, serving customers in over 100 countries. The company’s portfolio includes air heat exchangers, condensers, dry coolers, ventilated units and glass doors for refrigerated counters and cabinets, with applications ranging from food preservation and data center cooling to industrial refrigeration, power generation, nuclear, mobile applications and air conditioning. The strength of LU-VE Group lies in over 4,000 skilled people. The company is strongly focused on R&D and collaborates actively with many universities worldwide, to drive innovation and deliver advanced thermal exchange solutions. LU-VE Group is listed on the Italian Stock Exchange, since 2015. www.luvegroup.com