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Corticeira Amorim Consolidated sales total € 446 million PRESS RELEASE Highlights • Amorim Cork Solutions showed sales resilience , supported by growth of 5.3 % in the second quarter • EBITDA margin remained stable , despite the impact of operating deleveraging and a less favourable product mix • Reduction of Net Debt to € 64 million Message from António Rios de Amorim Chairman and CEO " Corticeira Amorim's performance in the first half of 2026 again demonstrated the resilience of its business model and the strength of its balance sheet . In a challenging market environment , marked by changing consumption habits and declining global wine consumption , we remain focused on strengthening the value proposition of cork through innovation , diversification and the enhancement of its technical and sustainability credentials . Throughout the year , we implemented important initiatives to Corticeira Amorim's sustainable growth . We strengthened our presence in the US through the creation of the joint venture Scott Premium Closures and acquired minority stakes in Group companies , transactions that will enable us to increase organisational flexibility , simplify decision - making structures and enhance operational efficiency . We also continued to implement restructuring measures in the final flooring business , including development of the product portfolio , with an offer focused on differentiated , more cork - centred products with greater added value . We believe cork's potential extends far beyond the wine sector and that its industrial applications offer opportunities for future growth , differentiation and value creation . We are prepared to allocate resources to strengthening our capabilities and we are open to collaboration with international partners , particularly in the US and Asia , partners who can contribute knowledge , scale and access to new markets and accelerate the development of innovative cork solutions . " Consolidated Performance and Results In the first six months of 2026 , Corticeira Amorim's consolidated sales totalled € 445.8 million , a decrease of 5.8 % compared with the same period last year . Sales performance was affected by the depreciation of the US dollar - excluding this effect , the decline would have been 4.6 % . AMORIM Corticeira Amorim , SGPS , S.A. Edifício Amorim I Rua Comendador Américo Ferreira Amorim , 380 4535-186 Mozelos , Portugal www.corticeiraamorim.com IRO : Ana Negrais de Matos , CFA T : +351227475423 F : +351 227475407 ana.matos@amorim.com Listed Company Share Capital : € 133 000 000,00 A company incorporated in Santa Maria da Feira - Portugal Registration and Corporate Tax ID No. PT500077797 instagram : amorimcork