INSIGHT ISSUE 3 | 2023

15 What is your strategy for this segment? This market is booming, and our strategy on this front is simple: we want to remain the market leader, holding our historical 35-40% share. Leveraging technological leadership, not just in cables but also in installation, is the key to success here, along with our consistent track record. We need to execute the backlog, as we are sitting on €20 billion worth of orders in hand. We will also build on our operational excellence, learning from mistakes and introducing more robust production tests to pre-empt problems. Turning to the Power Grid segment, what are your plans on this front? This market is growing fast due to the surge in electrification demand, and our customers are rushing to secure cables availability, often through advance payments and pre-booking capacity fees. Our strategy here is to grow our market share, which currently ranges from 40 to 60%, while consolidating our position as a solution provider. We will invest in innovative and sustainable products, capitalize on strong partnerships with utilities and distribution system operators, and selectively expand capacity in the most profitable markets. And regarding Electrification, how is Prysmian going to exploit the growing opportunities in this space? Firstly, by leveraging our global scale and the operational proximity to our distributors' partners to provide a fast and efficient service level. Secondly by continuing to innovate in cables for wind towers and solar panels and deploying EcoCable products across all geographies. We will also leverage our relationship large scale distributors to have access to large industrial projects. What is your strategy going forward finally for the Digital Solutions segment? Here we are seeing demand for high-quality and high-performing communication cables because the challenges presented by the data boom are significant. In our strategy, we are determined to maintain leadership in the optical space, with a strong focus on North America, and working selectively in the EU. Our next moves will be about capitalizing on our unique fibers portfolio and on optical cables breakthroughs. INSIGHT | Focus On The pillars Balanced and innovative portfolio People empowerment Balanced portfolio and continued innovation to support technological leadership and sustainability Best people, know how and capabilities to grow the business Business segmentation Segments redesigned to seize market trends and opportunities Self-funded capacity expansion Investment to support organic growth through consistent cash flow generation

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