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November 10, 20259M 2025 Results Presentation
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INNOVATION BEGINS WITH US Disclaimer This proprietary presentation (including any accompanying oral presentation, question and answer session and any other document or materials distributed with or in connection with this presentation) (collectively, the “Presentation”) has beenprepared by Technoprobe S.p.A. (the “Company” and together with its subsidiaries, the “Technoprobe Group”) for information purposes only. This Presentation should not be used for any other purpose. The Presentation is not intended to form thebasis of any investment activity or decision and does not, and is not intended to, constitute or form part of, and should not be construed as, an offer to sell, a solicitation to buy, an invitation or a solicitation of an offer, to buy, sell or subscribe for orotherwise acquire, any securities of any kind in any jurisdiction where such an offer, solicitation or sale should require registration, qualification, notice, disclosure or application in the United States or in any other jurisdiction, nor shall it or any partof it form the basis of or be relied upon in connection with or act as any inducement or recommendation to enter into any contract or commitment or investment decision whatsoever.This Presentation may not be distributed, reproduced, or used in whole or in part without the express consent of the Company or for any purpose other than those for which it has been prepared by the person to whom this document has beendelivered.Mr.Stefano Beretta, the officer in charge of preparing the corporate accounting documents of Technoprobe S.p.A. declares that, pursuant to paragraph 2, Art. 154 bis of the Consolidated Law on Finance, to the best of his knowledge, theaccounting information contained in the Presentation corresponds to the documental results, accounting books and records.The financial information set forth herein has been derived by the information set out in the Company’s interim condensed consolidated financial statements as of and for the period ended on September 30, 2025, prepared in accordance with theInternational Financial Reporting Standards issued by the International Accounting Standards Board and endorsed by the European Union (“IFRS”) had been subject to review. The Presentation has been independently verified and containssummary information only and does not purport to be comprehensive and is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation. No representation or warranty (express or implied) is made as to, and noreliance should be placed on, the accuracy, completeness, quality, relevance, sufficiency or fairness for any purpose whatsoever of any of the information contained in the Presentation, including projections, estimates, targets and opinions,contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein relating to, or resulting from, the Presentation, its inaccuracy or incompleteness, or the use of, or reliance upon, thePresentation. To the extent applicable, the industry, market and competitive position data contained in the Presentation has come from official or third party sources. Third-party industry publications, studies and surveys generally state that thedata contained therein have been obtained from sources believed to be reliable, but that there is no guarantee of the fairness, quality, accuracy, relevance, completeness or sufficiency of such data. While the Technoprobe Group believes that eachof these publications, studies and surveys has been prepared by a reputable source, the Technoprobe Group has not independently verified the data contained therein. In light of the foregoing, no reliance may be or should be placed on any of theindustry, market or competitive position data contained in the Presentation.The information in the Presentation may include statements that are, or may be deemed to be, forward-looking statements regarding future events and the future results of the Technoprobe Group that are based on current expectations, estimates,forecasts and projections about the industry in which the Technoprobe Group operates and the beliefs, assumptions and predictions about future events of the management of the Technoprobe Group. In particular, among other statements, certainstatements with regard to management objectives, trends in results of operations, margins, costs, return on equity, risk management are forward-looking in nature. Forward-looking information and forward-looking statements (collectively, the“forward-looking statements”) are based on the Technoprobe Group’s internal expectations, estimates, projections assumptions and beliefs as at the date of such statements or information including management’s assessment of the TechnoprobeGroup’s future financial performance, plans, capital expenditures, potential acquisitions and operations concerning, among other things, future operating results from targeted business and development plans and various components thereof or theTechnoprobe Group’s future economic performance. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks, assumptions, uncertainties and other factors which maycause the Technoprobe Group’s actual performance and financial results in future periods to differ materially from any estimates or projections contained herein. When used in the Presentation, the words “expects,” “believes,” “anticipate,” “plans,”“may,” “will,” “should”, “scheduled”, “targeted”, “estimated” and similar expressions, and the negatives thereof, whether used in connection with financial performance forecasts, expectation for development funding or otherwise, are intended toidentify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements and the risk thatthe future benefits and operating activity by the Technoprobe Group may be adversely impacted. These forward-looking statements speak only as of the date of the Presentation and are subject to change without notice and do not purport tocontain all information that may be required to evaluate the Technoprobe Group. In the view of the Technoprobe Group’s management, the Presentation was prepared by management on a reasonable basis, reflects the best currently availableestimates and judgements, and presents, to the best of management’s knowledge and belief, the expected course of action and the expected future performance and results of the Technoprobe Group. However, such forward-looking statementsare not fact and should not be relied upon as being necessarily indicative of future results. The Technoprobe Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions of the information, opinions or anyforward-looking statement contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any forward-looking statement is based except as required by applicablesecurities laws.The Presentation contains non-International Financial Reporting Standards (“IFRS”) industry benchmarks and terms, such as EBITDA, EBITDA Margin, Gross Operating Margin, Gross operating margin percentage, Research and developmentexpense ratio, Capital expenditures, Net Financial Position. The non-IFRS financial measures do not have any standardized meaning and therefore are unlikely to be comparable to similar measures presented by other companies. TheTechnoprobe Group uses the foregoing measures to help evaluate its performance. As an indicator of the Technoprobe Group’s performance, these measures should not be considered as an alternative to, or more meaningful than, measures ofperformance as determined in accordance with IFRS. The Technoprobe Group believes these measures to be key measures as they demonstrate the Technoprobe Group’s underlying ability to generate the cash necessary to fund operations andsupport activities related to its major assets. By reading or accessing the Presentation you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Technoprobe Group and that you willconduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Technoprobe Group’s business. Recipients should not construe the contents of the Presentation as legal, tax, regulatory,financial or accounting advice and are urged to consult with their own advisers in relation to such matters. Unless as otherwise stated herein, the Presentation speaks only as of September 30, 2025 and the information and opinions contained inthe Presentation are subject to change without notice and do not purport to contain all information that may be required to evaluate the Technoprobe Group. The information included in the Presentation may be subject to updating, completion,revision and amendment and such information may change materially. No person is under any obligation to update or keep current the information contained in the Presentation and any opinions expressed relating thereto are subject to changewithout notice. To the fullest extent permissible by law, the Technoprobe Group disclaims all and any responsibility or liability, whether arising in tort, contract or otherwise, which it might otherwise have in respect of the Presentation.2
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Technoprobe at a glance 1996Year of Foundation+600Proprietarypatents~3,300Worldwide Employees €5,8bnMarket Cap
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INNOVATION BEGINS WITH US 9M 2025 market drivers 4Revenues at466.6€mdown 16.6% QoQup 20.6% YoYSlight increase in Consumer marketSoftness in Automotive and Industrial Consistent growth in AI
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INNOVATION BEGINS WITH US Financial Highlights 5 Revenueswere 140.7€mdown 3.5% YoY, down 16.6% QoQ Q3 2025Gross Profitwas 56.7€mdown 4.6% YoY, with a margin of 40.3% Ebitdawas 39.8€mup 15.0% YoY, with a margin of 28.2% Revenueswere 466.6€mup 20.6% YoY9M 2025Gross Profitwas 207.3€mup 29.5% YoY, with a margin of 44.4% Ebitdawas 146.1€mup 53.3% YoY, with a margin of 31.3%
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INNOVATION BEGINS WITH US 9M 2025 results 6 466.6+20.6%146.131.3%% margin+53.3%207.3% margin 44.4%+29.5%386.995.324.6%160.141.4%9M 2025Revenues (€m)Gross Profit (€m)Ebitda (€m)Net Financial Position (€m)9.30.2025 9M 2024 12.31.2024 YoY%Notes 665.7 656.3 •Organic growth: rising trend in AI and slight increase in consumer, partially offset by shrinkage in auto and industrial•Change in perimeter (DIS contributed for 9 months in 2025 vs 4 months in 2024)•FX negative impactfor €12m•Recovering in production efficiency•Operating leverage •Ebitda margin benefited,in addition to the above, also from US reorganization positive impact, terminated in H1 2025Variance mainly attributable to solid cash flow from operatingactivities (+114€m) and the disposal of Santa Clara building (+26€m), partially offset by Capex(-51€m), the acquisition of a minority stake in Yee Wei Inc. (-20€m) and Innostar Service Inc. (-7€m), together with shares buy back program (-32€m) and the unrealized fx impacton foreign currency bank accounts (-23€m)+670 bps+300 bps
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INNOVATION BEGINS WITH US Q4 2025 Guidance 7 Revenues: 160€m(+/-3%) Ebitda Margin: 34.7% (+/-200 bps) Gross Margin: 46%(+/-200bps) 1,0861,0811,0871,0821,0521,0931,1191,1331,0401,0501,0601,0701,0801,0901,1001,1101,1201,1301,1401,1503M 6M 9M 12MEUR/USD - Accumulated Average by Quarter2025 Av. 2024 Av. Average Q1 '24 Q2 '24 Q3 '24 Q4 '241,086 1,077 1,098 1,0683M1,0866M9M12M1,0811,0871,082Q1 '25 Q2 '25 Q3 '25Q4 '25*1,052 1,134 1,1681,1751,052*Estimate1,0931,1191,133
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Q&A