FY 2025 Consolidated Revenues Up 6.8% (+9.2% at Current Perimeter)

Regulatory News:

Kaleon S.p.A., a company owned by the Borromeo family specialising in the management and enhancement of important artistic, natural and museum assets for tourism purposes, listed on Euronext Growth Milan (Ticker: KLN) and Euronext Growth Paris (Ticker: ALKLN) (the “Company”), announces its consolidated unaudited revenues as at 31 December 2025, as approved today by the Board of Directors.

Vitaliano Borromeo Arese Borromeo, Chairman of Kaleon’s Board of Directors, commented: “2025 marks an acceleration in our growth, driven by the expansion of services and the evolution and diversification of the quality experience offered in all our destinations.

Kaleon had a transformative year, marked by its listing on Euronext Growth Milan and Euronext Growth Paris, which has strengthened the Group's structure, expanded its international visibility by providing us with the necessary tools to support our development plans. It has also offered many individual shareholders the opportunity to join our journey.

Attractiveness and growing reputation of Isola Bella, the beating heart of our system, and the inauguration of the Castelli di Cannero, after more than ten years of investment and restoration, fueled our growth. This Castelli di Cannero project, of great cultural value, has broadened our scope of action and contributed to increased revenues, thereby strengthening the group's position in quality tourism."

CONTINUED GROWTH THROUGH CONSTANT STRENGTHENING OF THE OFFERING AND IMPROVEMENT IN EFFICIENCY

€million	As of 31 Dec. 2025	As of 31 Dec. 2024	Variation (YoY)
Consolidated revenues	23.2	21.7	+6.8%
Ticketing	17.6	16.0	+10.0%
Food & Beverage	3.3	2.9	+12%
Retail	1	0.9	+7.4%
Other Services*	1.3	1.8