DRIVING HUMAN AUDIO EXPERIENCE

DRIVING HUMAN AUDIO EXPERIENCE

CREATORS OF THE WORLD'S FINEST AUDIO TECHNOLOGY.

Corporate Presentation

16-04-2024

POWERSOFT AT THE GLANCE

Since 1995, Powersoft channeled the obsession for innovation by redefining standards in the professional audio industry.

The technologies and patents developed through the years venture beyond the world of audio amplification and are now found in multiple industries and products, allowing Powersoft to solidify its reputation as a

reliable technological partner and innovator.

* 5 production plants are in outsourcing

CORPORATE PRESENTATION

29

YEARS OF SUCCESS

  • 70.3 M

REVENUES

+44% YoY

44

INTERNATIONAL

PATENTS

28.5%

EBITDA MARGIN

+59.7% YoY

6

PRODUCTION

PLANTS*

167

HEADCOUNTS

(today)

€ 12.1 M

NET PROFIT

+90% YoY

€ 0.85

DIVIDEND

Ordinary

3

(1) Revenues, EBITDA Margin and Net Profit as of 31 Dec 2023

(2) Dividends as of the approval of FY 2023 financial statements

STRONG INTERNATIONAL PRESENCE

FY 2023 REVENUES

BREAKDOWN

EU 51.7%

NAM 25.3%

APAC 18.3%

POWERSOFT ADV. TECH. CORP

Flanders, NJ, USA

MEA 2.7%

CALA 2.0%

67 DISTRIBUTORS

27 SERVICE CENTERS

POWERSOFT

HEADQUARTER

Scandicci, FI, Italy

POWERSOFT R.O.

Tokio, Japan

POWERSOFT R.O.

Beijing, China

AROUND 110

COUNTRIES COVERED

CORPORATE PRESENTATION

4

DIVERSIFIED AND EFFICIENT BUSINESS MODEL

CORE STRENGTHS

  • R&D Dept. with a strong focus on Innovation and product design to address market requirements
  • Purchasing Dept. with high-level technical capabilities and smart supply chain management skills to overcome shortage of components
  • Internal «Lean» Production Large production allows capacity potential to address time to market requirements
  • Diversified sales network to better enter each market segment

RESEARCH

ITALYIN

DESIGN

DEVELOPMENT

MADE

PRODUCTION

RACK

AMP

TRANSDUCERS

SERVICES

AMP

MODULES

SALES AND MARKETING

POWERSOFT

POWERSOFT R.O.

OFFICIAL

KEY

AUDIO

E-COMMERCE

US

(CHINA & JAPAN)

DISTRIBUTORS

CLIENTS MANUFACTURERS

MULTI-BRAND AGENTS

CORPORATE PRESENTATION

5

MADE IN ITALY

PRODUCTION OF

ELECTRONIC

BOARDS

Vicenza

HEADQUARTERS & FINAL

ASSEMBLY

Firenze

PRODUCTION OF

ELECTRONIC

BOARDS

Cortona

CORPORATE PRESENTATION

PRODUCTION SITE AMP

MODULES

Gorizia

PRODUCTION OF

ELECTRONIC

BOARDS

Modena

PRODUCTION OF

ELECTRONIC BOARDS

Bologna

6

A HISTORY

OF CONSISTENT

GROWTH

Specialized in design, production and marketing of high-endpatented technologies for professional audio applications.

Pioneers in switch-mode technology, worldwide credited as a standard setter and industry innovator.

1995-1998

BIRTH AND

DEVELOPMENT

CORPORATE PRESENTATION

TOWARDS A

MULTINATIONAL

GROUP

DEC 17-2018

IPO

2008-2018

CONSOLIDATION

AND DIVERSIFICATION

1998-2008

COMPANY

GROWTH

7

REDEFINING

THE PRO AUDIO INDUSTRY

BY SETTING NEW BENCHMARKS SINCE THE BEGINNING

WHAT'S

NEXT?

2021

SYSTEM SOLUTIONS

2005

AMPLIFICATION

MODULES

1995

CLASS D

POWER AMPS

CORPORATE PRESENTATION

IMMERSIVE SOUND

44

44

3.1M

INTERNATIONAL

R&D PERSONNEL

~ 4.5% OF REVENUES

PATENTS

(27% OF EMPLOYEES)

INVESTED IN R&D IN

FY 2023

Powersoft's own growth accelerator to support new projects and innovative technologies.

8

(1) € 3.1 Million of investments in FY 2023

SPHERE

LAS VEGAS

IMMERSIVE SOUND AND HAPTIC SEATING

"Sphere Immersive Sound has set a new standard in every aspect of live audio, and tens of thousands have already been immersed in its crystal-clear, individualized sound…"

"Powersoft's cutting edge and energy efficient technology made them the perfect partner to help achieve our sustainability goals without compromising audio or haptic quality."

David Dibble, CEO, MSG Ventures

CORPORATE PRESENTATION

9

ESTABLISHING PARTNERSHIPS WITH STRATEGIC PLAYERS

FORGING ALLIANCES WITH STRATEGIC STAKEHOLDERS STANDS AS A PIVOTAL TACTIC FOR EXPANDING INTO NEW MARKETS.

Powersoft announced a technology partnership with Ferrari S.p.A., bringing together Italian excellence in acoustic innovation and automotive engineering.

"We're overjoyed by the technology partnership with Powersoft, which will enable us to deliver exceptional audio experiences. Our goal is to develop cutting edge solutions and offer superior sound quality".

Ernesto Lasalandra, Ferrari Chief Research & Development Officer

CORPORATE PRESENTATION

10

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Powersoft S.p.A. published this content on 16 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 April 2024 08:20:04 UTC.