Leonardo Leonardo: Cessazione Carica Prof. Roberto Cingolani / Leonardo: Term of Office of Prof. Roberto Cingolani: management transactions · Italy · Consob

About Leonardo Leonardo: Cessazione Carica Prof. Roberto Cingolani / Leonardo: Term of Office of Prof. Roberto Cingolani

Leonardo S.p.A. is one of Europe’s leading industrial groups in defense, aerospace and security, listed on Borsa Italiana (FTSE MIB) in Italy. The company draws on Italy’s long-standing defense engineering tradition and has evolved through the restructuring of the Italian state-controlled industrial landscape into its current form. Headquartered in Rome, Leonardo operates an extensive industrial footprint across Italy and other European countries, while also maintaining a meaningful international commercial and operational presence, notably in the United Kingdom and the United States. The group positions itself as a global provider of integrated technologies that support safety, mission continuity and critical infrastructure protection. Leonardo’s business model is built around several complementary divisions: Helicopters, Defence Electronics & Security, Cyber & Security Solutions, Aeronautics, Space and related activities. In practical terms, the company designs and supplies platforms, mission systems, sensors, radars, secure communications, command-and-control solutions, and maintenance, support and upgrade services. It also participates in major international cooperative programs, which provides long-duration revenue visibility but exposes the group to the long investment and procurement cycles typical of large government and institutional contracts. From a competitive standpoint, Leonardo holds a strong position in Europe, particularly in defense electronics, radar systems, military and parapublic helicopters, and selected aerospace, cyber and space niches. Its scale, backlog and long-term customer relationships with governments are important strategic strengths. At the same time, competition remains intense from major U.S. and European peers, which makes execution discipline, cost control and technological differentiation essential. Recent developments underline the group’s positive momentum. Leonardo released preliminary 2025 results showing strong order intake of €23.8 billion and continued growth in its core businesses. In May 2026, the company also announced the end of Professor Roberto Cingolani’s term of office, which ran from 9 May 2023 to 7 May 2026. In addition, 2025 was marked by organizational changes, capacity-enhancement initiatives and targeted industrial actions, all consistent with a strategy focused on technology upgrading and portfolio reinforcement. For international investors, Leonardo remains a benchmark defense and aerospace name in Europe, supported by a robust backlog and structural exposure to rearmament, technological sovereignty and security spending.