COMPANY PROFILE

2005 COMPANY PROFILE

Milano, 2-3 /3/2005

PRIMA Group at a glance

Global player in laser systems for industrial applications:•3rd player in Europe3rd player in Europe•6th player Worldwide

World leader in multi-axis systems for automotive & aerospace:•Estimated 45% market share in Europe•Estimated 30% market share in North America

Over 2,000 laser systems installed in over 40 countries

Over 1,000 customers in automotive, aerospace and in a wide range of other sectorsrange of other sectors

Consolidated sales over 110 M€, with 73% export to 40 countries

6 Manufacturing facilities in Italy (2), USA (2) and China (2)

PI.C.GB.06.09.03 2

E U R O P E

Group Structure

E U R O P E

AMERICA A S I A

100%

PRIMA INDUSTRIETORINO - Italy

100%

PRIMA INDUSTRIEBEIJING OFFICEBEIJING - China

PRIMA ELECTRONICSTORINO - Italy

50%

SMTCL PRIMA60%*PRIMA

NORTH AMERICA

C

ySMTCL-PRIMA

SHENYANG - China

CONVERGENT LASERS DIVISION

NORTH AMERICASPRINGFIELD (MA) - USA

PRIMA RESEARCH CENTREBARI 27,5%

PRIMA FRANCEPARIS

PRIMA GMBH FRANKFURT

DIVISION(MA)

PRIMA LASER TOOLS DIVISION

UNITY PRIMASHANGHAI - ChinaFRANKFURT

PRIMA INDUSTRIE UKBIRMINGHAM

PRIMA ESPAÑA

50%DIVISION

(MA)

LASERDYNE SYSTEMSDIVISION PRIMA ESPAÑA

BARCELONA

PRIMA SCANDINAVIAGÖTEBORG

SNK-PRIMAOSAKA - Japan

DIVISION(MN)

PI.C.GB.06.09.03 3

GÖTEBORG

Prima Group today

HIGH TECH LEADER IN LASER SYSTEMS FOR HIGH POWER INDUSTRIAL APPLICATIONS

2D Laser cutting

3D laser cutting

Laserdrilling

Laserwelding

CNC &CP laser

generator

CNC &software AutomationCutting

head

OVER 25 YEARS OF EXPERIENCE AND FULLY INTEGRATED

PI.C.GB.06.09.03 4

OVER 25 YEARS OF EXPERIENCE AND FULLY INTEGRATED KNOW-HOW

Mission

Wide range of industries served:

PI.C.GB.06.09.03 5

Mission

Wide range of industries served:

AGRICULTUREMACHINES

CONSTRUCTION MACHINES

INDUSTRIALMACHINES

VENDINGMACHINES

HEATING AND

CONDITIONINGLIFTS

CASH TEXTILE FOOD &CHEMICALS

PORTABLE TABLEWAREELECTROMECHANICAL

DISPENSERS MACHINERY CHEMICALS TOOLS COMPONENTS

METAL SHELVES& FURNITURE WHITE GOODS MOTORCARS

TRUCKS AND

TRAILERS

TRAINS AND

WAGONSBIKES

SHIPS AND AIRCRAFT LAND BASED OILLIGHTINGAND

BOATS

AIRCRAFTENGINES AIRCRAFTS

LAND BASEDTURBINES

OILPLANTS

LIGHTINGINDUSTRY

PI.C.GB.06.09.03 6

…we are ready for new challenges.

Selected Customers

automotive

aerospaceaerospace

othe sothers

PRIMA Main Laser Solutions

High dynamics and productivity in a compact 2D cutting machine

PRIMA Main Laser Solutions

The2D machine with 3D performance for the highest flexibility on the market

PRIMA Main Laser Solutions

High quality and productivity in a workhorse machine for cutting andHigh quality and productivity in a workhorse machine for cutting and welding

PRIMA Main Laser Solutions

The largest working volume with all the unique capabilities of PRIMA 3D machines

PRIMA Main Laser Solutions

PRIMA Main Laser Solutions

PRIMA Main Laser Solutions

ULTRA FASTULTRA FASTAcceleration > 6g in real cutting

conditions

-----------------------------------------------

ULTRA RELIABLE AND ACCURATEACCURATE

Innovative active vibration-free system Constant beam path

throughout the work area(1500x3000 mm)

-----------------------------------------------

ULTRA LIGHT AND EFFICIENTExtreme lightness of moving masses requiring 3 times lower power than

th b h k hithe benchmark machines

Laser systems market

LASER SYSTEMS SECTOR GROWTH vs PRIMA INDUSTRIE GROUP GROWTH

STRONG GROWTH

Laser Macro Processing SystemsCAGR 05-10

STRONG GROWTH

DRIVERS AS

COMPARED TO

(Billion €) +10,7%+10,7%

Optechestimates Nov. 2005

CAGR 95-05

+11,6%+11,6%5,5

5

6

TRADITIONAL

TECHNOLOGIES1 1

3,1 2,9 2,83,3 3,3

2

3

4

5

• PRODUCT QUALITYSource: Optech Consulting, November 2005 - Macro Processing systems

1,1

0

1

1995 2001 2002 2003 2004 2005 2010

• PROCESS FLEXIBILITY

• COST EFFICIENCY

Source: Optech Consulting, November 2005 Macro Processing systems

Prima Industrie consolidated sales

CAGR 95-05

•TIME TO MARKET

REDUCTION(Million €)

90112

101 95 97111

100120

CAGR 95 05

+17,05%+17,05%

• ENERGY/FUEL SAVINGS

(Million €)

2333 39 46

60

020406080

PI.C.GB.06.09.03 15* = sales are calculated in compliance with IAS/IFRS

01995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005* *

Group Facilities

ITALY USA CHINAUSA CHINAITALY USA CHINAUSA CHINA

Shanghai, Chinal

COLLEGNO (TO), ITALYCO2 2D laser systemfor cutting andScribing.

Chicopee, MA (USA)CO2 and Nd: YAG lasers.

( ),CO2 2D and 3D laser systems for cutting and welding.

Moncalieri (To), ItalyCNC servodrives and

Champlin, MN (USA)Nd: YAG and CO2 2D and 3D laser systems for

Shenyang, ChinaCO2 2D laser system

PI.C.GB.06.09.03 16

CNC, servodrives and custom electronic products.

3D laser systems for drilling, cutting and welding.

2 yfor cutting

Worldwide Network

EuropeEurope

WorldWorld

Headquarters

Direct presence (subsidiaries, branch offices, JVs)

q

PI.C.GB.06.09.03 17

Distributors and Agents

Effective after-sales customer service

Hi hl t i d d kill d t h i i• Highly trained and skilled technicians assure real proximity to the customer and quick response

• 24-hour hotline service

• TELEPRIMACH: remote diagnostics

• Delivery of consumables and spare parts for regular maintenance assured in 8 to 24 hoursin 8 to 24 hours

• e-commerce for consumables and spare parts

PI.C.GB.06.09.03 18

Strong commitment in R&D and product innovation

• 80 Engineers in R&D.

• R&D centers in:

It l (T i d B i)•Italy (Torino and Bari)•USA (Chicopee – MA)

R&D expenses to P/L

7000

8000

9000

7,0%

8,0%

9,0%

4000

5000

6000

k€

4,0%

5,0%

6,0%

% o

n sa

les

0

1000

2000

3000

0 0%

1,0%

2,0%

3,0% %

PI.C.GB.06.09.03 19

01997 1998 1999 2000 2001 2002 2003 2004 2005

0,0%

PNA 2000-2005 financial overview

SALESSALESSALES

40 000

50.000

SALES

40 000

50.000

20.000

30.000

40.000S

ale

s (

K$

)

SalesTrend

20.000

30.000

40.000S

ale

s (

K$

)

SalesTrend

0

10.000

2000 2001 2002 2003 2004 2005

S

0

10.000

2000 2001 2002 2003 2004 2005

S

Source: PNA reporting prepared in accordance with US Gaap. Amounts in K$

2000 2001 2002 2003 2004 2005

Source: PNA reporting prepared in accordance with US Gaap. Amounts in K$

2000 2001 2002 2003 2004 2005

EBIT AND NET INCOME EBIT AND NET INCOME

0

2.000

4.000

su

lt (

K$

)

0

2.000

4.000

su

lt (

K$

)

(4.000)

(2.000)

0

an

d N

et

res

EBITNet IncomeEBIT trend

(4.000)

(2.000)

0

an

d N

et

res

EBITNet IncomeEBIT trend

(8.000)

(6.000)

2000 2001 2002 2003 2004 2005

EB

IT a

(8.000)

(6.000)

2000 2001 2002 2003 2004 2005

EB

IT a

PI.C.GB.06.09.03 20

Source: PNA reporting prepared in accordance with US Gaap. Amounts in K$

2000 2001 2002 2003 2004 2005

Source: PNA reporting prepared in accordance with US Gaap. Amounts in K$

2000 2001 2002 2003 2004 2005

CONSOLIDATED FIGURES

AS AT

DECEMBER 31 2005DECEMBER 31, 2005

(IFRS/IAS compliant)

2005 – Consolidated Figures

INCOME STATEMENT (*)INCOME STATEMENT ( )

Dec. 31, 2005 Dec.31, 2004K€

SALES 110,885 97,106

Value of production 115,851 102,773

EBITDA 9,124 6,205

% f l 8 2% 6 4%as a % of sales 8.2% 6.4%

EBIT 7,916 4,991

as a % of sales 7.1% 5.1%

EBT 7 113 3 431EBT 7,113 3,431

as a % of sales 6.4% 3.5%

NET RESULT 5,108 1,043

as a % of sales 4 6% 1 1%

(*) Data are prepared / restated in accordance with IAS/IFRS

as a % of sales 4.6% 1.1%

2005 – Consolidated Figures

BALANCE SHEET

Dec. 31, 2005 Dec.31, 2004K€

NON-CURRENT ASSETS 10,431 9,523

CURRENT ASSETS 87,541 83,435CURRENT ASSETS 87,541 83,435

NET FINANCIAL POSITION 7,733 15,419

NET EQUITY 30,839 25,680

NON-CURRENT LIABILITIES 4,965 7,127

DEBT / EQUITY 0 25 0 60

CURRENT LIABILITIES 54,435 44,732

DEBT / EQUITY 0.25 0.60

(*) Data are prepared / restated in accordance with IAS/IFRS

2005 – Consolidated Figures

SALES BREAKDOWN BY MARKET

Dec. 31, 2004Dec.31, 2005

Other4%

Sheet metal processing

49%Electronic compon.

12%

Other4%

Sheet metal processing

50%Electronic compon.

12%

AerospaceAerospace & Energy

13% Automotive22%

Aerospace & Energy

8%

Automotive26%

2005 – Consolidated Figures

SALES BREAKDOWN BY GEOGRAPHIC AREA

Dec 31 2004Dec 31 2005 Dec.31, 2004Dec.31, 2005

Italy27%

U.S.A.21%

R.O.W.16%

Italy27%

U.S.A.19%

R.O.W.13%

Europe36%

Europe41%

Stock price trend

PI.C.GB.06.09.03 26

Shareholders’ structure & Board of Directors

BOARD OF DIRECTORSSHAREHOLDERS’ STRUCTURESHAREHOLDERS’ STRUCTURESHAREHOLDERS’ STRUCTURE

CHAIRMAN & C.E.O. Gianfranco CARBONATO

SHAREHOLDERS STRUCTURE

Erste I t ti l

SHAREHOLDERS STRUCTURESHAREHOLDERS STRUCTURE

Erste I t ti l

BOARD MEMBERS Sandro D’ISIDORO

Fabrizio LUGARESI

MARKET42,61%

Helios

International Holding S.A.

25,85%MARKET42,61%

Helios

International Holding S.A.

25,85%

Mario MAURI

Domenico PEIRETTI

Pio PELLEGRINI (*)

Helios Private

Equity S.A. & Partners

9,04%

Helios Private

Equity S.A. & Partners

9,04%

( )

Marco PINCIROLI (*)Management

4,03%

Lestri Holding B.V.

4,49%Lemanik SICAV2,55%Arcipelagos

SICAVCarbonato Gianfranco (& f il )

Peiretti Domenico (& family)

4,53%

Management4,03%

Lestri Holding B.V.

4,49%Lemanik SICAV2,55%Arcipelagos

SICAVCarbonato Gianfranco (& f il )

Peiretti Domenico (& family)

4,53%2,21%(& family)

4,69%2,21%(& family)

4,69%

(*) = independent director

PI.C.GB.06.09.03 27