So last April in Milano, the picture that you will see here, that you see on this slide, is our participation to Milano fair last April. The reason why we, and since the COVID, we haven't participated to fairs because unlikely, you know, retailers, they were not traveling. So after six years, we decided to attend again this fair in Milano and was really a success.

Nov 20, 2025 / receipt, needs a key / Pascual Natuzzi, CEO | earnings call 2025-11-20 | transcript a806adf3-d3ae-4839-aa50-5ad08ef4ccd3 | chars 6920-7286 | segment 6

We created with a very strong manager and maybe one of the next goal, I will introduce him to you, Raimondo Volpe, a contract division. Here we're talking about more large B2B opportunity in the space of hotel, in the space of retail and let's say travel infrastructure like B airport. Or, which is very interesting, in a dynamics which is emerging in the Middle East, but in other geography, which are branded buildings.

Jun 24, 2024 / receipt, needs a key / Antonio Achille, CEO | earnings call 2024-06-24 | transcript 004420cb-d42b-4517-914d-e2315202c23d | chars 41142-41563 | segment 40

However, in 2025 the Group reported a €0.8 million reduction in other administrative expenses (in particular, travel expenses, general maintenance and other costs).

filing / May 15, 2026 / receipt

Travel expenses 1,957 2,279 2,677 Mail and Phone 490 509 552 Printing and Stationery 361 295 519 Car costs 312 443 661 Impairment of non-financial assets 1,900 - - Government grants related to PPE ( 66 ) ( 1,333 ) ( 145 ) Other 2,011 1,428 2,158 Total 40,773 35,994 37,607 F- 77 Table of Contents Natuzzi S.p.A.

filing / May 15, 2026 / receipt

These efforts enabled the sites to offset the impact of local inflationary pressures, including significant increases in minimum wage levels, ensuring continued cost control and production sustainability.

filing / May 15, 2026 / receipt

free market, combining cost efficiency and production flexibility. In addition, in 2025, the Group opened a new proprietary facility in Vietnam, intended to serve the Indian market and the U.S.

filing / May 15, 2026 / receipt

In the current operating context, and with the aim of addressing both external challenges and Company-specific structural issues, management has prepared a comprehensive restructuring plan.

filing / May 15, 2026 / receipt

Notwithstanding the foregoing, the Company continues to operate in the ordinary course of business and any nominal reduction of its share capital is not expected to affect the Company’s ability to pursue its objectives or implement its restructuring plan.

filing / May 15, 2026 / receipt

Ferdinando Parente | Chairman

filing / May 15, 2026 / receipt

Francesco Campobasso | Member

filing / May 15, 2026 / receipt

Alberto Longo | Member

filing / May 15, 2026 / receipt

Michele Loizzo | Alternate

filing / May 15, 2026 / receipt

Vito Plantone | Alternate

filing / May 15, 2026 / receipt