EuroGroup Laminations S p A : at Cop28 for an even more sustainable electric mobility supply chain

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PRESS RELEASE

EuroGroup Laminations at Cop28 for an even more sustainable electric mobility supply chain

Leonardo Franchini, CEO Automotive Business, spoke at the United Nations Climate Change Conference in Dubai

Dubai (UAE), 1 December 2023 - EuroGroup Laminations, a world leader in the design, manufacture and distribution of stators and rotors (motor cores), key components of electric motors and generators, listed on Borsa Italiana's EuroNext Milan, is participating in the United Nations Conference on Climate Change (COP28), Nov. 30 to Dec. 12, 2023, in Dubai, United Arab Emirates. The annual event is a key time to assess progress in implementing the Paris Agreement and outline the future of global efforts to combat climate change.

In line with its "E-motionfor the Planet" payoff, EuroGroup Laminations is at the forefront of addressing climate change through its role as a strategic supplier to major global automakers committed to the electrification of mobility.

Together with Siemens -the world's leading provider of technology services-, TyssenKrupp -among the world's leading producers of electrical steel-, and ZF -a German multinational supplier of systems for the automotive industry-, EuroGroup Laminations presented at Cop28 the application of its innovative SiGreen software to a pilot case.

SiGreen enables the calculation of PCF (Product Carbon Footprint) by tracking the amount of CO2 emitted per component throughout the supply chain. It also uses the innovative Catena X standard, the first open and collaborative data ecosystem developed for the automotive industry and promoted by major manufacturers. SiGreen represents a concrete step toward further reducing CO2 emissions related to the life cycle of the electric-powered car.

Leonardo Franchini, CEO Automotive of EuroGroup Laminations, at the panel "Exploring technology's role in industrial decarbonization: Insights from industry leaders," said: "Eurogroup Laminations' participation in COP28 and the adoption of SiGreen represents an operational step in addressing the urgency of decarbonization and the necessary assumption of responsibility by major manufacturing industries to collectively address the challenges of climate change. Transparency among companies in the electric motor supply chain, ensures the possibility of having reliable and timely CO2 data exchange and measuring the success of decarbonization efforts. The PCF will

EuroGroup Laminations S.p.A.

Via Stella Rosa, 48 20021 Baranzate (Mi) Italy | Tel +39 02 35000.1 | euro-group.it| Cap. Soc. € 6.111.941,00 i.v. P.IVA, C.F. e N. Iscriz. Reg. delle Imprese di Milano | Monza Brianza Lodi 05235740965 | REA MI 1805877

in the future be one of the items that will make up the Digital Product Passport, in addition to the technical characteristics of the product itself it will contain data on the associated emissions and any CO2 offsets that have occurred. We are making progress, but it is only the beginning of the journey toward a sustainable future for the planet."

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FOR MORE INFORMATION

EUROGROUP LAMINATIONS - INVESTOR RELATIONS

Matteo Picconeri | Investor Relations Manager | ir@euro-group.it

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About EuroGroup Laminations

EuroGroup Laminations is a world leader in the design, production and distribution of the motor core (stators and rotors) for electric motors and generators. The Group's business is organized along two segments: (i) EV & AUTOMOTIVE, which designs and produces the motor core of electric motors used in electric vehicle traction, as well as a wide range of non-traction automotive applications; and (ii) INDUSTRIAL, which designs and manufactures products used in various applications including among others industrial applications, home automation, HVAC equipment, wind energy, logistics and pumps. With registered office in Baranzate (MI), EuroGroup Laminations recorded revenues of approximately € 851 million in 2022, currently has a workforce of approximately 2,800 employees, 7 production plants in Italy and 5 abroad (Mexico, United States, China and Tunisia) and an Order Book for the EV & AUTOMOTIVE segment with an estimated value of approximately € 6.4 billion, and a pipeline of orders under discussion at approximately € 4.1 billion.