Slides
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Circle Group: high-growth, high-margin, scalable tech player enabling a connected logistics ecosystem October 5th, 2026 INVESTOR PRESENTATION
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Agenda • CIRCLE Group Overview • CIRCLE Business Overview • 2026 H1 Financials Data • «Connect 4 Agile Growth» Strategic Roadmap • 2026 Updated Guidance and 2030 C4AG Plan abstract Copyright Circle Group 2026 – All rights reserved
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CIRCLE Group Overview
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CIRCLE Group: Enabling a connected logistics ecosystem Copyright Circle Group 2026 – All rights reserved OUR PRODUCTS • Milos®: focused on intermodal logistic operations • Extended Port Community System: connecting all players & processes in port • MasterSped®: evolutive platform for freight & customs operators • Milos® Federative Services • Milos® GSCV & TAP for industrial & distribution • Milos® eCustoms • Milos® Intelligence • StarTracking®: airport tracking • eXyond GOS - Nodes Gate Automation • KMaster® | Truck telematics • InfoBlu®NewGen: infomobility • Milos® Synapse: orchestration Business Process Reengineering EU Affairs&Funding EU Funding Accelerator: developing successful applications for funding Strategic Communication & Advocacy Visual & Brand Identity, Social Media Management, Events, PR/Press, Roadshows, Advocacy and representation in Brussels International Consultancy Policy making and strategic technical orientations in the port, maritime and transport field SERVICES & EXPERTISE • 51% of Info.Era (extended PCS) • 100% NEXT Freight • 51% of Magellan Circle • 51% of NEXT Customs • 86% of Cargo Start • 20% of ACCUDIRE (e-CMR) • 92% of eXyond • 55% of Circle Garage • 100% of QMAP (infomobility) 9 successful M&As since end of 2017 GROWTH & ECOSYSTEM Listing OCT 2018 Euronext Growth Milan Over 175 direct employees and network of professionals Around 18% REVENUES generated outside Italy, strong focus on Central-East Europe, Mediterranean, Black Sea region and Middle East 9 M&A since end 2017
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H1 2026: Strong growth & execution Copyright Circle Group 2026 – All rights reserved VALUE OF PRODUCTION € 15.8 mln, up 34 % vs. H1 2025 MILOS® FEDERATIVE SERVICES € 1.6 mln, up 75% vs. H1 2025 PROPRIETARY SOFTWARE PRODUCTS € 4.6 mln, up 11% vs. H1 2025 BACKLOG € 36.7 vs € 34.1 mln as of 31 December 2025 NET FINANCIAL POSITION € 4.8 mln H1-26 vs € 1 mln FY25 Cash positive
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Solid H1 2026: growth & margin Copyright Circle Group 2026 – All rights reserved EBITDA € 3.8 mln H126, up 46 % vs. H125 NET PROFIT € 1.7 mln H126, up 65 % vs. H125 NET FINANCIAL POSITION € 4.8 mln H126 vs € 1 mln FY25 margin 24,3% Cash positive INTERNATIONAL REVENUES € 2.8 mln 18% of total revenues VALUE OF PRODUCTION € 15.8 mln, up 34 % vs. 1H25 margin 11%
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M&A as a Growth Accelerator Copyright Circle Group 2026 – All rights reserved Building Scale Through Strategic Integration
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Corporate overview Group Structure
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Copyright Circle Group 2026 – All rights reserved Circle Group footprint ITALY Genoa|Milan |Catania Rome | Villanova d’Asti Trieste BELGIUM Brussels PORTUGAL Oporto ROMANIA Bucarest Iași (partner) TURKEY (partner) Istanbul GREECE (partner) Athens Circle Spa | Info.era | Cargostart eXyond Magellan Circle 9 Official Sites & 3 Partner Desks
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Solid Shareholders structure Share capital % Capital structure Total shares outstanding 4,781,865 Shareholders % of share capital n° shares Innotech 45.1% 2,157,276 Own shares 0.2% 8,670 Eiffel Investment Group 12.8% 611,490 Algebris Investments Limited 5.1% 245.520 Alkemia Capital Partners 5.5% 261,360 Market 31.3% 1,497,549 Total shares 100% 4,781,865 (1) Company associated with Luca Abatello Data as of 18.08.2026 Copyright Circle Group 2026 – All rights reserved
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CIRCLE Group Business Overview
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Nodes | Transport actors | Industries & Freight Copyright Circle Group 2026 – All rights reserved
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Nodes ecosystem Copyright Circle Group 2026 – All rights reserved
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Top clients Copyright Circle Group 2026 – All rights reserved
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CIRCLE Group H1 2026 Financial results Copyright Circle Group 2025 – All rights reserved
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H1 Financial highlights 2026
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Circle Group: P&L as of June 30th, 2026 Copyright Circle Group 2026 – All rights reserved Value of Production € 15.8m +34% Software Products € 4.6m +11% EBITDA € 3.8m +44% EBIT € 2.2m +80% € mln H1 2025 H1 2026 change % Value of Production 11.8 15.8 +34% Proprietary Software Products 4.1 4.6 +11% EBITDA 2.7 3.8 +44% EBITDA MARGIN % 22.6% 24.3% EBIT 1.2 2.2 +80% Net income 1.1 1.7 +65% Highlights +11% Software products strongest growth 24.3% EBITDA margin up from 22.6% +65% Net income to €1.7m
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Eight Years of H1 Revenues Growth Copyright Circle Group 2026 – All rights reserved €15.8 €11.8 €7.3€7.2 €4.2 €3.2€2.6 Strong top-line growth with 26% CAGR (H1 2018–2026) - in €ml *€2.4 €5.2
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Significant Group EBITDA Expansion Copyright Circle Group 2026 – All rights reserved €3.8ml 24% €1.8ml 25% €2.0ml 29% €0.7ml 18%€0.4ml 13% €0.6ml 27% H1 EBITDA grew at a CAGR of 26% (2018–2026) - in €ml €0.7ml 27% €0.9ml 17% €2.7ml 23%
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H1 2025 vs 1H 2026 - Proprietary products Copyright Circle Group 2026 – All rights reserved
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2026 vs 2025 H1 Federative services revenues Milos® +75% Proprietary Products revenues +11% H1 2026 Proprietary products evolution Products revenues 2025 H1 € 4.1 ml 2026 H1 € 4.6 ml Copyright Circle Group 2026 – All rights reserved
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BU & LOB evolution 2026 vs 2025 Copyright Circle Group 2026 – All rights reserved UP 34% € 15.8 mlnUP 34% € 11.8 mln €3.8 ml 32% €5.4 ml 34% €4.6 ml 39% €6.1 ml 39% €1.5 ml 9% €1.7 ml 10% €1.4 ml 12% €1.3 ml 11% € 706 k 6% € 1.1 ml 7%
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Group Revenues split by services Copyright Circle Group 2026 – All rights reserved € 25.1 mln € 14.6 mln Year-on-year growth UP 72% €2.8 mln 19% €5.5 mln 38% €0.5 mln 3% €3,2 mln 22% €2.8 mln 11% €10.2 mln 41% €1.1 mln 4% €7.5 mln 30% €3.5 mln 14% €2.5 mln 17% UP 34% € 11.8 mln € 15.8 mln €1.4 ml 12% €1.3 ml 8% €7.8 ml 49% €4.6 ml 29% €1.6 ml 10% € 650 k 4% € 580 k 5% €4.1 ml 34% €4.3 ml 37% €1.4 ml 12%
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Business Units margins 2026 Copyright Circle Group 2026 – All rights reserved *Contribution Margin in % on Value of Production
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2026 h1 Circle Group International VoP Copyright Circle Group 2026 – All rights reserved International revenues: AROUND 18%
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ADJ NFP 30/06/2026 - Financial flows NFP (cash positive) = € -4.8 mln & EU credit € -2.5 mln = NFP ADJ (cash positive) € -7.3 mln - Acq. of subsid. payment: including Exyond (€800k) and QMap (€864k) payments - Δ W.C.: improvement mainly driven by more efficient collections, with an additional positive impact from Login Business payment terms. - Capital increase: related to treasury shares sold in February 2026 - Taxes: cash flow adjustment for taxes accrued but not yet paid - Δ Grants: NFP adjustment related to grants receivable not yet collected Copyright Circle Group 2026 – All rights reserved
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Circle Group: Sustained Backlog Expansion Copyright Circle Group 2026 – All rights reserved Order Book Trajectory FY20–H126: €9 ml to €36.7 ml
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Strategic Roadmap «Connect 4 Agile Growth» UPDATES
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Turning Vision into Action Connect 4 Agile Growth EXPANSION to Area MED (Morocco - Egypt - Greece - Turkey) & Nord | Center EU Fortify the Group's PRESENCE in existing MARKETS and access NEW ONES (Industries) More EFFICIENCY & to end customers means GREATER INVESTMENTS, REVENUES & ROI COST REDUCTION & SCALABILITY of products means MORE REVENUES & MORE VOLUMES Working environment to attract SKILLED TALENT & INCREASED VALUE Investments in distinctiveness recovered by CONTRIBUTIONS meaning LOWER BUDGETARY COSTS Copyright Circle Group 2026 – All rights reserved
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Global Economic Volatility: Competitive scenario UNCERTAINTY NEARSHORING SAFETY STOCK GEOECONOMIC BLOCK REGIONAL DINAMYCS & NEARSHORING GEOECONOMICS RESILIENCE & SECURITY Copyright Circle Group 2026 – All rights reserved
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Copyright Circle Group 2026 – All rights reserved Increase of potential market size for Circle Group 2029 Market size segments & geography
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Added Value & Margin Digital & Green Virtuous cycle Copyright Circle Group 2026 – All rights reserved
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Development Opportunities & Goals Copyright Circle Group 2026 – All rights reserved Advanced Planning Models Forecast models & Data Driven Approach, Standards, solutions aimed at flexibility and adaptability Innovative Technologies & Optimisation models Automation - Robotic - AI –Generative AI – IoT – Blockchain - Machine Learning Human Capital & Sustainability Protect and ecosystems, foster collaborations REAL-TIME VISIBILITY FORECASTIN G & DINAMIC ADJUSTMENT COST & RISK REDUCTION DECARBONISATIO N & INFRASTRUCTURE S HUMAN SUSTAINABILITY FORECASTING & COST REDUCTION SECURITY & COLLABORATIVE LOGISTIC REAL TIME VISIBILITY \ Copyright Circle Group 2026 – All rights reserved
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Distinctive Positioning versus competition Copyright Circle Group 2026 – All rights reserved Our distinctive competitive positioning spans the entire supply chain ecosystem, delivering comprehensive solutions across multiple sectors and business types.
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Strategy – Drivers & KPI Copyright Circle Group 2026 – All rights reserved
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Strategic Positioning Strategic Market Positioning Copyright Circle Group 2026 – All rights reserved
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Strategy – Drivers & KPI Connect 4 Agile Growth Document Digitization: reducing paper usage by 99% and management time by 50% Simplified Processes: reduced manual errors in transport documentation by 20% / 30% RESILIENT & ADAPTIVE Supply Chain Builiding Driving MODULAR & SCALABLE ARCHITECTURE Compliancy with EU NORMATIVE Exploiting ARTIFICIAL INTELLIGENCE & BUSINESS INTELLIGENCE Accelerating & Increasing DEMATERIALISATION End-to-End Visibility Score improved by 30%) Interoperability with 3rd party systems: 95% Customer Adoption Rate: increased by 25% Copyright Circle Group 2026 – All rights reserved Root Cause Analysis to identify the deep root causes of supply chain delays with 95% accuracy. Predictive Insights to anticipate and resolve 70% of supply chain disruptions before they occur. Precise Information: collect and analyze real-time data to ensure total visibility of goods, improving delivery accuracy by 20%. Compliance: support companies in adhering to European regulations (e.g., e- CMR, Single Window). Collaboration: developed public-private collaboration platforms that have reduced customs clearance times by 20%. Digital ecosystem that guarantees data traceability and security, with 99% compliance with privacy regulations Scenario planning tools: Developing tools that use AI and data to simulate different disruption scenarios and their impact. Alternative route planning: Automatically suggesting alternative transportation routes based on real-time and predicted disruptions. Supplier diversification intelligence: Providing insights to clients on the resilience and risk of their supplier base
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Strategic Roadmap «Connect 4 Agile Growth» Product innovation and strategy: - - Nodes interoperability - - Digital documents & AI dematerialisation - - Truck OBU real time federative services - - Digital ecosystem for industries - - Milos Synapse, Milos Intelligence & AI tools - - Infomobility enabling Collaborative Logistics
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Copyright Circle Group 2026 – All rights reserved
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Beyond Nodes Copyright Circle Group 2026 – All rights reserved
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Truck & strong EU coverage
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Milos® TFP: e-CMR & eFTI Platform Copyright Circle Group 2026 – All rights reserved In Spain important MILESTONE in october 2026 with e-CMR / DeCA mandatory.
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Linking Platforms, Driving Process for Industries Copyright Circle Group 2026 - All Rights Reserved 73 Global Supply Chain Visibility – Integrated Ecosystem
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Industry Recognition Our products inside Gartner Vendor Guide Copyright Circle Group 2026 – All rights reserved Our competitive edge is validated by industry-leading analysts. Our comprehensive product portfolio has earned recognition in the prestigious Gartner Vendor Guide, positioning us among the top-tier solutions providers in the supply chain technology space. This recognition validates our commitment to innovation and demonstrates our ability to deliver enterprise-grade solutions that meet the evolving needs of global supply chain leaders. The Gartner inclusion reflects our comprehensive approach to supply chain digitization, combining advanced technology with deep industry expertise. This third-party validation strengthens our position in competitive evaluations and enhances our credibility with decision makers across multiple verticals.
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Collaborative intermodal transport Copyright Circle Group 2026 – All rights reserved This service brings together the three key players: ● Nodes: optimising planning thanks to accurate advance notices, proactively managing operations and reducing wasted time. The result? A tangible increase in efficiency. ● Road Hauliers: avoiding unnecessary waiting times and penalties by communicating the arrival of goods in real time and ensuring full compliance with regulations. This translates into savings in time and resources. ● Freight Forwarders / Industries: having full control over every stage of the process. Thanks to complete traceability, they can monitor goods from the moment they leave and quickly resolve any disputes with accurate and verifiable data. Circle Group has developed a service that goes beyond simple regulatory compliance. The goal is to create a truly collaborative ecosystem that leverages digital and innovative tools to connect and add value to every player in the logistics chain (Terminal & Ports – Road Transport – Freight Forwarders & Industries), not just solving a problem, but aiming to transform the entire process into a competitive advantage for everyone. >>> MILOS WIN WIN 9.0
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Milos Intelligence Ecosystem & AI tools Copyright Circle Group 2026 – All rights reserved
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Technological pillars & core features of Circle Group ecosystem Copyright Circle Group 2026 – All rights reserved Multi-language Interface localised in multiple languages to operate globally without barriers. Multi-Company Centralised management of multiple legal entities with instant data consolidation. Scalable Modular architecture that integrates seamlessly, ensuring consistent performance at all times. Cloud-Based Access from anywhere via a highly reliable native SaaS infrastructure. Single Sign-On Secure single sign-on via integrated standard protocols (OIDC/SAML). Onboard CybersecurityBuilt-in protection for maximum data resilience against cybersecurity threats. NIS 2 Compliant Full compliance with the requirements of the European Directive on risk/security management. Microservices Maximum modularity through microservices and on- demand modules.
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Supply Chain Ecosystem: Integration Architecture Copyright Circle Group 2026 – All rights reserved
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Copyright Circle Group 2026 – All rights reserved Generate Aimed at A modular and scalable ecosystem for optimising ports and logistics hubs. Using the ‘Paper to Action AI’ approach, the platform combines AI, predictive modelling and machine learning to guide strategic supply chain decisions TARGET Intermodal Nodes Airport, Port, Terminal Logistics & Warehouses Storage & Distribution Industry Manufacturing Operators Trucks, Rail, Air, Maritime INPUT SOLUTIONS POWERED BY Rail Shunting Optimisation Road Planning Optimisation Node Flow Predictions Rail Cycle Optimisation Logistic Node Simulation & Digital Twin Rail Cycle Optimisation Paper 2 Action AI Focus on the AI Power & Milos Intelligence Modules
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Copyright Circle Group 2026– All rights reserved
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MILOS® Intelligence - Optimization and Digital Twin Innovative solutions for supply chain transports and logistics PLANNING SUGGESTION Scheduling & Re-Scheduling RAIL SHUNTING OPTIMIZATION CAPACITY SIMULATION STATUS MONITORING RAIL SHUNTING SIMULATION & DIGITAL TWIN MTO PLANNING OPTIMIZATION VOYAGES AUTOMATIC COMBINATION Efficient planning Copyright Circle Group 2026 – All rights reserved
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MILOS® Intelligence - Machine Learning & AI Road & Rail Prediction Modules Employing predictive models and algorithms, this road transportation prediction module dynamically adjusts projected timing and facilitate seamless flow management through the node. Furthermore, it prevents congestion, optimizes resource allocation and enhances operational efficiency, empowering both node managements and trucking companies to deliver exceptional service. Railway operators and logistics companies operating within the node benefit greatly from a comprehensive analysis of the projected flow of trains, which allows for the optimization of resource allocation and the enhancement of operational efficiency . These invaluable forecasts are made possible by leveraging advanced predictive models and algorithms, which are meticulously fueled by a large amount of historical data and the planned train schedule. historical data PORT NODE TERMINAL NODE Copyright Circle Group 2026 – All rights reserved
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MILOS® Intelligence - Machine Learning & AI Road & Rail Prediction Modules
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MILOS® Intelligence – Synchronised Traffic Flow Copyright Circle Group 2026 – All rights reserved Forecast of arrival and departure peaks around the node WHEN – TIME & FLOW Forecasting Supply Chains for Smooth, Seamless Logistics Maximizing terminal capacity with or without congestion + SPATIAL EFFICIENCY - TIME CONGESTION Detailed data for quick and targeted decisions + OPERATIONAL PRECISION Real-time diagnostics on capacity and destination WHERE - DETAILS & SATURATIONS WHERE – SPACE & ALLOCATION Dynamic allocation based on predefined schedules and prediction Milos® Intelligence enables efficient, comprehensive control over the 3 dimensions of logistics hubs (Optimization, Analysis and Dimensions) to guarantee important KPIs
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MILOS Intelligence - Traffic flow prediction Trailer arrival and departure pattern: based on the vessel’s scheduled arrival/departure time and the volume of import/export trailers, the system predicts the distribution of trailer arrivals and departures around the vessel’s call. OUTPUT INPUT
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MILOS Intelligence - terminal space allocation optimization Dynamic yard allocation: using the weekly vessel arrival and departure schedule and the initial yard occupancy, the model determines the optimal assignment of vessels to yard areas. OUTPUT INPUT
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Conversational quotation request interpreter LLM based Copyright Circle Group 2026 – All rights reserved Quotations requests
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Copyright Circle Group 2026 – All rights reserved eXyond's infomobility business line (including Qmap): from FCD and FTD data on vehicles circulating to accurate, continuous, and nationwide mobility information. All services are natively integrated with Circle Group products. INFOBLU TRAFFIC PLATFORM Traffic Live Real-time traffic information: traffic conditions, alerts, and contextual information (roadwork, events). Traffic Edge Historical analyses: origin- destination matrices, isochronous curves, route service levels. Specialized API Dedicated services to integrate mobility data into customers' systems and processes. Specialised services to support mobility and logistics innovation , and, through the Circle Group, access to European funding. EVERY DAY ON ITALY'S ROAD NETWORK 2 mld Processed FCD data points, including data from ~100,000 heavy-duty vehicles 220,000 km of roads monitored throughout the country ~400,000 speed data for 500-meter segments every 3 minutes WHO WE SERVE • Public Administrations • Road Authorities • Mobility Operators • Ports and Logistics Operators Innovation Consultancy Infomobility
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The EU budget (EC proposal) – Trends Copyright Circle Group 2026 – All rights reserved Policy / Theme Main shifts & implications Total size / Overall envelope A substantial increase in size especially for strategic and emerging priorities; more pressure for new “own resources” to fund this. Structural organisation of headings / programmes Fewer, larger headings (four major ones + special instruments). Programmes are being merged. Stronger cross-cutting funds (e.g. European Competitiveness Fund). National & Regional Partnership Plans bundle many currently separate funds (cohesion + agriculture + other shared management funds). Risks: loss of visibility for some smaller programmes; negotiations on which parts are merged will matter. Competitiveness / Innovation / Digital / Industrial Policy In 2028-34, a new European Competitiveness Fund (ECF) brings together many of these: digital leadership, clean transition, defence & space, bioeconomy etc . More strategic investment in fewer priority fields; more scale; faster funding expected. Also potential trade -offs: less funding for non-priority areas. Defence, Security, Resilience Significant increase. Specific envelope for “resilience & security / defence & space”. New crisis / resilience mechanisms. Stronger EU-level role in security, defence; more investment in dual-use & resilience; possibly more centralized decision-making and stricter conditionality. Climate, Environment, Green Transition Green transition remains central, but there will likely be negotiation about how much gets earmarked, how “do no significant harm” is applied, etc. But some observers note that in “real terms” the climate -earmarked proportion may decline or not increase as much as needed Programme simplification & conditionality More emphasis on partnership plans, pre-agreed reforms/investments, stricter conditionality / results orientation; simpler / harmonised rules for access If implemented, could reduce administrative burdens; but will require strong capacity in MS to plan and deliver; risk that conditionality becomes a sticking point in negotiations.
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Strategic Roadmap «Connect 4 Agile Growth» 2026 Strategy & Financials
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2026 - 2027 Ongoing strategic evolution Copyright Circle Group 2026 – All rights reserved
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Copyright Circle Group 2026 – All rights reserved
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«CONNECT 4 AGILE GROWTH» ROADMAP • Strategic Objective & Expansion Model Global consolidation under the CONNECT 4 AGILE GROWTH roadmap via a flexible, multi-channel approach: local partnerships, direct product penetration, international trade fairs, and targeted M&A operations. • Middle East (MENA) & IMEC Corridor Priority focus on the UAE and Saudi Arabia to deploy the Milos Suite and integrated customs corridors (IFSTL). Key positioning as a primary tech partner along the India- Middle East-Europe Economic Corridor. • North Africa & Mediterranean (Turkey & North Africa) Expansion across Turkey (2026 intermodal/customs hub), Morocco, Tunisia, and Egypt through IFSTL customs platform pilot projects, with planned extension into Libya and Algeria (2027–2029). • Central Europe & Iberian Peninsula Market penetration in Germany, Poland, Romania, and Hungary / Czech Republic to boost Kmaster telematics (eXyond). Target growth in Spain and Portugal focusing on airport/air cargo solutions and e-CMR / DeCA document digitalization. 2029 Geographical Expansion International Activities & Projects Copyright Circle Group 2026 – All rights reserved Ongoing projects Preliminary project proposals and lead generation activities (2026-H1 2027) Countries for future developments (H2 2027-2029) Clients/Projects ports
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Business Goals 2026-2029 Copyright Circle Group 2026 – All rights reserved
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C4AG 2026 Guidance Copyright Circle Group 2026 – All rights reserved 2025 2026** Value of Production (€) 25.1 mln 27.2 - 28.8 mln EBITDA (€) 6.1 mln 6.3 - 7.1 mln EBITDA margin % 24% ** 2026 new range based on current perimeter and 2025 results. 2026 Qmap to be added 24.5%
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C4AG 2026 updated Guidance Copyright Circle Group 2026 – All rights reserved NEW 2026* Value of Production (€) 29.4 – 31 mln EBITDA (€) 6.8 - 7.4 mln EBITDA margin % * 2026 new range based on current perimeter (including Qmap) and 2026 H1 results ≃24.6% OLD 2026** 27.2 - 28.8 mln 6.3 - 7.1 mln 24.5%
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Strategic Roadmap «Connect 4 Agile Growth» Systematic M&A
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2018-19 2020-23 2024-25 2026-27 AI & Digital Twin Rail Bloackchain Logistic LaSs Machine Learning & Drone Equipment Automation Visibility & Demand Planning Document Blockchain Decision Support System AI & Augmented Reality Export/Import evoluted & notarised Data Analytics Robotics & Semantic Predictive Multimodal appointment Automation & IFSTL Logistics Synchromodality Performance & Cyber Machine Learning Federative Services & Multimodal Chain IoT & IFSTL Intelligent gate Optimisation Customs Corridors Import Procedures eCustoms Intermodal Triangulation 5g mobility Robotic Process Automation Rail Fed Serv 2026-2030 Multimodal Visibility M&As, Alliances, Innovation focuses LOGISTICS PORT TERMINAL INLAND NODES Waste, Fresh Food Dang. goods Logistics 2028-30 FUTURE OPERATIONS ALLIANCE INNOVATION FOCUS M&A Transport Documents Infomobility Passengers security Data Driven Port of The Future Copyright Circle Group 2026 – All rights reserved Port Maritime eMSW EU Customs Hub
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M&A 2026-2027 and systematic M&A Copyright Circle Group 2026 – All rights reserved Main segments focus: • Node interoperability connections • Intelligent Nodes • Truck & intermodality Geographical focus: • Middle East • Est Europe Preliminary infos: • IT small complementary & vertical software • International mid target with also local focus • Historical trend: around +15% on top on average organic growth • 2030 target considering also some M&A
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Copyright Circle Group 2026 – All rights reserved 2030 Growth Trajectory
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• «Free allocation of shares» - 1 free stock each 10 - May 20th, 2019 • Buy back ongoing - now 8.670 own shares (0,18%) • CIRCLE is an Innovative SME • Average monthly volume (from IPO) +€ 1.3 mln (last 5m +2mln€) Stock growth Upside from IPO 2026 Upside potential +585%* +77%* +20/40%* *Stock price September 25th, 2026Copyright Circle Group 2026 – All rights reserved
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BELGIUM PORTUGAL TURKEY BALKAN REGION ARABIAN REGION MAGHREB REGION ITALY www.circlegroup.eu Circle Group Copyright Circle Group 2025 – All rights reserved Contacts Brussels Rond Point Schuman 6/7 B-1040 Brussels – BELGIUM circlebelgium@circletouch.eu Porto Av. da Boavista, 1588 7 4100-115 Porto - PORTUGAL circleportugal@circletouch.eu Turkey turkey@circletouch.eu Maghreb Region maghreb@circletouch.eu Balkan Region balkans@circletouch.eu Arabian Region circlearabia@circletouch.eu Genoa Piazza Borgo Pila 40 16129 Genoa - ITALY info@circletouch.eu Trieste Via San Nicolò 4 34121 Trieste ITALY Milan Via Giovanni B. Pergolesi 26 20124 Milan ITALY Rome Via Ofanto, 18 00198 Rome ITALY Catania SS Primosole Angolo V Strada 95100 Catania ITALY