Pirelli & C. SPA: management transactions · Italy · Consob

About Pirelli & C. SPA

Pirelli & C. S.p.A. is a leading Italian industrial company listed on Borsa Italiana (FTSE MIB) in Italy, focused on the design, manufacturing and sale of high-value tyres. Founded in Milan in 1872, Pirelli has evolved into a globally recognized brand associated with performance, innovation and the premium/prestige segment. Its headquarters remain in Milan, which also serves as a key hub for research and development. Today, Pirelli positions itself as a pure consumer tire company with a strong focus on the High Value market. Its core offering is centered on tyres for passenger cars, SUVs and high-performance vehicles, alongside specialty and super-specialty applications. The company also supplies tyres for motorcycles and bicycles, and works closely with leading automotive manufacturers on bespoke fitments. Pirelli’s competitive edge stems from a combination of product innovation, strong technology content and exposure to premium segments, which tend to offer better pricing power and profitability than the mass market. Pirelli’s geographic footprint is truly global, supported by a diversified industrial and commercial base and a broad presence across Europe, the Americas and Asia. The group leverages an international network of technology centers, material R&D capabilities and close collaboration with original equipment manufacturers. Motorsport remains a major brand pillar: Pirelli is strongly identified with Formula 1 and other racing series, reinforcing its performance credentials and brand visibility. Recent disclosures indicate solid operating execution. In 2025, Pirelli confirmed its targets, posting organic revenue growth, an improvement in adjusted EBIT margin and higher net profit. The company also highlighted the continued increase in the High Value share of sales and a meaningful reduction in net financial debt. Among the latest noteworthy developments are the ongoing premiumization of the portfolio, sustainability progress, and product innovation using bio-based and recycled materials, including in ultra-high-performance applications. For investors, Pirelli combines a premium global brand, significant technology leverage and a focused exposure to the attractive high-end tyre market.