IT S A BENETTI. GIOVANNI BIZZARRI Head of R&D Azimut Benetti Head of Benetti Engineering Basic Design

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1 IT S A BENETTI GIOVANNI BIZZARRI Head of R&D Azimut Benetti Head of Benetti Engineering Basic Design

2 THE PILLARS CRAFTSMANSHIP & INDUSTRY PRODUCT SUPREMACY CUSTOMER FIRST

3 THE PILLARS

4 GROWTH & LEADERSHIP 2018 RANK COMPANY TOTAL (m) N OF PROJECTS AVG LENGTH (m) N OF PROJECT RANK 18 YEARS SINCE 1 Azimut Benetti SOURCE BOAT INTERNATIONAL

5 300,000 SQM OF PRODUCTION FACILITIES 2,200 WORKERS A DAY

6 PRODUCT RANGE CLASS COMPOSITE MATERIAL SUPERYACHTS FROM 29 M TO 45 M CUSTOM STEEL AND ALUMINIUM SUPERYACHTS FROM 45 M. TODAY: DELFINO 95 MEDITERRANEO 116 CLASSIC SUPREME 132 DIAMOND 145 FAST 125 NEW PRODUCTS COMING: OASIS 110 OASIS 135 MEGA FULL CUSTOM SUPERYACHTS FROM 45 TO 80 M. BUILT FROM A BLANK SHEET. CUSTOM NOW THE PROJECT SATISFIES DEMAND FROM OWNERS FOR CUSTOM YACHTS COMBINED WITH REDUCED DELIVERY TIME. BNOW 50M BNOW 55M BNOW 63M BNOW 68M GIGA FULL CUSTOM SUPERYACHTS OVER 80 M. N LENGTH

7 360 SERVICES

8 REFIT & REPAIR STYLING LOUNGE BROKERAGE, CHARTER, YACHT MANAGEMENT FOR YACHTS FROM 20 TO 120 METRES. CUTTING EDGE TECHNICAL ASSISTANCE WITH ADVANCED TECHNOLOGY STRUCTURES, TECHNICAL KNOW-HOW AND SPECIALISED HUMAN RESOURCES. FOR OWNERS WHO WANT TO PLAN AND SELECT EVERY DETAIL OF THEIR YACHT S INTERIOR AND EXTERIOR DESIGN, CHOOSING FROM THE WORLD S TOP BRANDS. EXCLUSIVE SERVICES DEDICATED TO THE SUPERYACHT OWNERS. AS A WORD-LEADER IN YACHT CHARTERING, BROKERAGE, YACHT MANAGEMENT AND NEW BUILDS, OUR EXPERIENCE, TRACK RECORD AND PORTFOLIO ARE UNCHALLENGED.

9 Livorno Shipyard

10 Livorno Shipyard SHIPYARD S AREA m 2 11 Capacity 8 Mega 3 Giga TOTAL AREA m 2 COVERED AREA m Benetti Resources External Resources UNCOVERED AREA t SHIPLIFT 10

11 Livorno Shipyard OUR NUMBERS FROM m 11 YACHTS BUILT LENGTH BUILT YACHTS IN DEVELOPMENT AND UNDER CONSTRUCTION 11

12 Livorno Shipyard TODAY PRODUCTION ACTIVITIES ENGINEERING MANUFACTURING QUALITY TRIAL TESTS SERVICE PROJECT MANAGEMENT SHIPYARD SERVICES 50 M. 8 HULLS UNDER 63 M. 90 M. CONSTRUCTION FROM 48 TO 100m+ 3 GIGAYACHTS UNDER CONSTRUCTION 2 YACHTS DELIVERED IN AUG-SEP YACHTS TO BE DELIVERED BEYOND AUGUST

13 Viareggio Shipyard

14 Viareggio Shipyard OUR NUMBERS FROM 1873 DARSENA ITALIA DARSENA LUCCA MARINA AZIMUT-BENETTI m WORKING YEARS YACHTS BUILT LENGTH BUILT YACHTS UNDER CONSTRUCTION 14

15 Viareggio Shipyard SHIPYARD S AREA Marina Azimut-Benetti m 2 16 Capacity 2 Basins TOTAL AREA m Benetti Resources 620 External Resources COVERED AREA m 2 UNCOVERED AREA 650 t TRAVEL LIFT 15

16 Viareggio Shipyard TODAY PRODUCTION Delfino 95 Fast HULLS UNDER CONSTRUCTION FROM 29 TO 48m 14 YACHTS DELIVERED IN AUG-SEP 2018 FB800 ACTIVITIES ENGINEERING MANUFACTURING QUALITY TRIAL TESTS SERVICE PROJECT MANAGEMENT SHIPYARD SERVICES

17 Market Trends: Design & Style

18 Market: Design Trends Design trends: - On semi - custom (pre - engineered platform) yachts, trend of more knowledgeable customers is to ask for very rational arrangements and high technical specifications. The challenge is to pack a huge list of features in smaller yachts, which requires a very methodical approach to product development. - On full custom yachts, owners feel more and more free to build their own yacht according to their lifestyle rather than following a consolidated scheme. This shift has been happening for some years now, with the trend having started with large gigayachts and now waterfalling down to smaller builds.

19 Market: Style Trends Style trends: - Simplicity is now a key factor for style. Clean lines with more continuity and "flow" are the current trend, and as yachts grow higher and more voluminous it is an interesting challenge to see the Designers deal with details of each mark to achieve nice proportions. - Home-like interiors, with loose furniture and decoration pieces being more important than the fixed furniture box, are a long standing trend which won't fade away soon. Owners like more and more to build a neutral box that can change and evolve in time along with their taste. FB800

20 CLASS COMPOSITE MATERIAL SUPERYACHTS FROM 29 M TO 45 M TODAY: DELFINO 95 MEDITERRANEO 116 CLASSIC SUPREME 132 DIAMOND 145 FAST 125 NEW PRODUCTS COMING: OASIS 110 OASIS 135 CUSTOM STEEL AND ALUMINIUM SUPERYACHTS FROM 45 M. MEGA FULL CUSTOM SUPERYACHTS FROM 45 TO 80 M. BUILT FROM A BLANK SHEET. CUSTOM NOW THE PROJECT SATISFIES DEMAND FROM OWNERS FOR CUSTOM YACHTS COMBINED WITH REDUCED DELIVERY TIME. BNOW 50M BNOW 55M BNOW 63M BNOW 68M GIGA FULL CUSTOM SUPERYACHTS OVER 80 M. N LENGTH

21 Market: Innovation and Technology

22 Market: Innovation and Technology Key features: - Focus on efficiency : integration of hydrodynamic studies to get new efficient hull shapes; extensive use of simulations (computer as design tool), in order to speed up time to market and design process. - Focus on comfort : improve noise and vibration figures, improve stabilization underway and at anchor, improve marine quality of the yacht (seakeeping, maneouvrability, course keeping, etc ; - Focus on integration : Shipyard as system integrator, able to study and design different propulsion systems (conventional shaftline, pods, hybryd, diesel electric) according to specific performance targets. FB800

23 Teechnology: Hydrodynamic Efficiency FB800

24 Technology: Improved Comfort FB800

25 Technology: System Integration FB800

26 THANK YOU

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