TP ICAP MIDCAP Conference

May 15, 2025

10 Pillars

Market Overview Positioning Strategy

Vertical Industries C EidenAI Suite

Unique Value Proposition

Technology

Group Key Financial

4 Achieved Work in progress

• Reached positive EBITDA (+€3.4M) in 2024 and target of positive EBITDA cash in 2025 (+€1-5M)

• OPEX savings, excluding classified restructuring costs, of €10.3M vs 2023

• Successful renegotiation of debt terms (extended duration +2 years) with majors financing banks. These measures free up over € 3.5M in 2024 and over € 3M in 2025.

• In 2024, reduction of €3.3M of loans & bonds (from €20.5M in 2023 to €17.2M)

  • Authorized capital increase for €50 M

  • Successful capital increase of ca. € 30 M in July 2024

  • In order to support the expansion of replicable solutions, new project management approaches, new organization and new incentives on customer satisfaction and profitability has been introduced

  • New organizational structure in the sales and technical team

  • New sales leaders in USA and south Europe

  • Work in progress about processes analysis and optimization, new operative tools, new policies.

    
    
    10 Pillars - preparing the ground for the growth New solutions roadmap New business model & strategy Partnerships M&A New Foundation

    5 Achieved Work in progress

• EidenAI suite finalized, proposing solutions for specific use cases in selected verticals

• Integration of GenAI technologies inside our solutions

• Growth strategy and go-to-market plan defined

• Selection of verticals market where to focus

• Defined sales approach (direct sales vs indirect and partnerships)

• Customer success program started

• First partnerships activated

• Differentiated approach defined by type of partners

• New partnerships in evaluation

• 7 new customers acquired (acquisition in Dec 2024)

• Screening and evaluation of potential targets in the Italian and European market (evaluated 8-10 possible targets in a shortlist of 70-80 companies)

• First joint venture about offering strategic AI consulting (in progress), other JVs in evaluation

• New company as a tech hub (in progress)

• First collaborations with Universities established