Italian Exhibition Group (IEG) Investor presentation summary

Company overview and business model

• Operates as an international leader in the trade fair industry, connecting companies globally through events, services, and world-class venues in Rimini and Vicenza.

• Over 70 years of history, with 187 total events and 119 congress events in FY 2024.

• Core business is organized events (62% of revenues), complemented by services (26%), congresses (8%), and hosted events (2%).

• Diversified portfolio spans food, jewellery, green technology, tourism, wellness, and more, with both physical and digital platforms.

• Owns and operates major exhibition and convention centers, with ongoing investments to expand capacity.

Market position and strategy

• Ranks among the top 20 global exhibition companies by revenue and event organizing revenue.

• Global exhibition market valued at over €37bn in 2023, with a forecast CAGR of 4.0% (2024-2030).

• Strategic plan focuses on portfolio growth, international expansion, and value creation, including M&A and ESG integration.

• Recent execution includes double-digit growth in visitors and exhibitors, new event launches, and expansion into new sectors and geographies.

• Digital offerings and high-margin services are growing rapidly, exceeding plan targets for revenue and profitability.

Financial performance

• Revenues grew from €103M in 2020 to €250M in 2024, with a CAGR of 24% (2022-2024).

• Adjusted EBITDA margin improved from 3% in 2020 to 26% in 2024, with a CAGR of 91% (2022-2024).

• Net result rebounded from losses during the pandemic to €33M in 2024.

• Market capitalization reached €245M as of November 2025, with a 21.8% YTD increase.

• Net financial position improved, with guidance for continued revenue and EBITDA growth through 2028.