The Board of Directors of Reply [EXM, STAR: REY] has approved the consolidated financial report as of 30 September 2025. The Group’s consolidated turnover for the first nine months of the year reached €1,819.8 million, representing a 9.0% increase compared to €1,669.6 million recorded during the same period in 2024. Performance indicators for the period remain strong, with consolidated EBITDA amounting to €335.5 million, or 18.4% of consolidated revenues—up from €275.5 million in the same period of 2024. EBIT for the nine-month period totaled €281.0 million, equivalent to 15.4% of revenues, compared to €224.2 million in 2024. Pre-tax profit reached €268.1 million, or 14.7% of revenues, compared to €216.0 million in the prior-year period. For the third quarter alone, the Group delivered positive results with consolidated turnover of €598.5 million, up from €553.8 million in the same quarter of 2024. EBITDA for July to September 2025 was €111.8 million, EBIT reached €92.7 million, and pre-tax profit amounted to €88.7 million. As of 30 September 2025, the Group’s net financial position stood at a positive €423.1 million, compared to €362.5 million as of 30 June 2025. “In the first nine months of 2025, our Group has achieved growth across all market segments we operate in, driven by our unique ability to adapt to the rapidly evolving integration of artificial intelligence into enterprise operations,” said Mario Rizzante. He added, “Agentic architectures are opening a new frontier for digital enterprises—marking the natural evolution beyond today’s AI models. We are moving beyond systems that merely analyze data or generate outputs, toward intelligent systems capable of interaction, collaboration, and autonomous decision-making, seamlessly integrating into business processes.” “While many companies are experimenting with agentic solutions, only a few have succeeded in scaling them effectively,” Rizzante noted. “This transition demands more than advanced technology—it requires a new architectural mindset: bringing data closer to agents, enabling intelligent orchestration, and ensuring the highest standards of security and integrity in autonomous systems. This is the critical shift from experimentation to true transformation.” He concluded, “In the coming months, we will continue to invest in building truly agentic AI ecosystems—distributed, context-aware, adaptive in real time, and capable of safe collaboration. Our mission is to help clients transform their organizations so that artificial intelligence becomes not just a tool, but a native, active component of decision-making and operations. This is the dawn of a new era in software engineering, where every system evolves into a dynamic, intelligent part of the enterprise.” Giuseppe Veneziano, the manager responsible for preparing the company’s financial reports, confirms, in accordance with Paragraph 2 of Article 154-bis of the Consolidated Finance Act, that the financial information presented in this release is consistent with the company’s official records, ledgers, and accounting entries. Reply [EXM, STAR: REY, ISIN: IT0005282865] specializes in designing and implementing solutions based on emerging communication channels and digital media. As a network of highly specialized companies, Reply supports major industrial groups in the telecom and media, industry and services, banking and insurance, and public sectors in defining and developing business models enabled by AI, cloud computing, digital media, and the internet of things. The company’s services include consulting, system integration, and digital services. For more information, visit www.reply.com. This press release is a translation; the Italian version remains the official document.