Page 1 of 1 For important disclosure information, please refer to the disclaimer page of this report  Avio Sponsored Research Italy | Industrial Goods & Services INDUSTRIAL GOODS & SERVICES Avio (Buy) VV27 successful. Reliability is back. Higher multiples justified. Analyser 28 July 2025 Company Profile Corporate Events Buy Recommendation unchanged Share price: EUR 26.85 closing price as of 25/07/2025 Target price: EUR 32.00 from Target Price: EUR 20.00 Upside/Downside Potential 19.2% Reuters/Bloomberg…

OHS-490 AVIO S.P.A. VIA LEONIDA BISSOLATI, 76 00187 ROMA (RM) ITALIA VIA LATINA, SNC - SP 600 ARIANA KM 5,2 COLLEFERRO 00034 (RM) ITALIA VIA I MAGGIO 56/108 10040 RIVALTA DI TORINO (TO) ITALIA VIA CARACCIANO SNC 82011 AIROLA (BN) ITALIA BS OHSAS 18001:2007 RESEARCH AND DESIGN, DEVELOPMENT AND TESTING, CONSTRUCTION, ASSEMBLY AND TESTING OF LIQUID AND SOLID PROPELLANT MOTORS FOR ROCKETS, STADIUMS AND PROPULSION SYSTEMS, NAVIGATION SYSTEMS AND CONTROL SYSTEMS FOR MISSILES, SPACE LAUNCHERS AND ATTITUDE CONTROL…

Company Note Equity MID CORPORATE See page 12 for full disclosure and analyst certification Banca IMI is Specialist to Avio 24 April 2020: 08:00 CET Date and time of first circulation Avio A Resilient Business We believe that Avio’s medium-term business outlook is intact and the company is well placed to manage the current health emergency. We confirm our positive stance on the stock. FY19 and Covid-19 emergency FY19A sales declined slightly yoy mostly due to the slowdown of the Vega manufacturing activity…

Consolidated Non-Financial Statement 2017 Pursuant to Italian Legislative Decree 254/2016 Avio Group Index MESSAGE TO THE STAKEHOLDERS ...................................................................................................................................... 1 NOTE ON METHODOLOGY .................................................................................................................................................. 3 1. AVIO Group …

Consolidated Non-Financial Statement 2017 Pursuant to Italian Legislative Decree 254/2016 Avio Group Index MESSAGE TO THE STAKEHOLDERS ...................................................................................................................................... 1 NOTE ON METHODOLOGY .................................................................................................................................................. 3 1. AVIO Group …

AVIO S Avio S.p.A. Registered office in Rome, via Leonida Bissolati No. 76 Administrative offices in Colleferro (Rome), via Ariana Km 5.2 Share Capital Euro 90,964,212 fully paid-in Rome (RM) Companies Registration Office No.: 09105940960 2023 HALF-YEAR FINANCIAL REPORT Contents 2 CONTENTS HIGHLIGHTS 4 LETTER TO THE SHAREHOLDERS 5 DIRECTORS’ REPORT 7 The Avio Group 8 Profile 9 Corporate Boards and Committees 11 Recent History 12 Business areas 14 Group structure and international presence 14 Strategy 15…

Avio Equity MID CORPORATE See page 8 for full disclosure and analyst certification Intesa Sanpaolo is Specialist to Avio 20 September 2024: 13:00 CET Date and time of first circulation Positive Business Cycle Ahead, Focus on Execution Avio’s 1H24 results met our estimates, full-year guidance was confirmed and looks feasible. Strategic initiatives have started to bear fruits and we believe that all the pieces of the puzzle for a new expansion cycle are in place. Now it is a matter of execution. Focus should…

Company Flash Equity MID CORPORATE See page 4 for full disclosure and analyst certification 6 December 2019: 09:25 CET Date and time of first circulation Avio 2019 Reported EBITDA Guidance Confirmed Following the conclusion of the ESA 2019 Ministerial Council last week, Avio expects to be assigned contracts for research, development and support to operations higher than EUR 400M starting from 2020. The 2019 reported EBITDA and net income guidance were confirmed. Event Avio said this morning that following…

AVIO S Avio S.p.A. Registered office in Rome, via Leonida Bissolati No. 76 Share Capital Euro 90,964,212 fully paid-in Rome (RM) Companies Registration Office No.: 09105940960 2018 HALF-YEAR REPORT Contents 2 CONTENTS HIGHLIGHTS 4 LETTER TO THE SHAREHOLDERS 5 DIRECTORS’ REPORT 7 The Avio Group 8 Profile 9 Corporate Boards and Committees 12 Recent History 13 Business divisions 15 International presence 15 Strategy 16 Shareholders 18 H1 2018 19 Significant events 20 Market performance and operations 24 Group…

IV Avio Group - Consolidated Non-Financial Statement 2018 CONSOLIDATED NON-FINANCIAL STATEMENT 2018 Pursuant to Italian Legislative Decree 254/2016 Avio Group Avio Group - Consolidated Non-Financial Statement 2018 Index Message to the stakeholders 2 Note on methodology 5 Applicative Standards 5 Reporting Boundary 5 Reporting Process 6 1. AVIO Group 7 1.1. The Group’s architecture 10 2. The prioritization of relevant topics: Avio’s materiality matrix 12 2.1 The Sustainable Development Goals and Avio’s…