Arteche approves its 2025 financial statements at its Annual General Meeting, reporting record sales of €508 million

• Arteche closed 2025 exceeding its guidance, with €508.4 million in revenue, €80.5 million in EBITDA, and €45.3 million in net profit. The Board has proposed distributing 50% of net profit as a dividend, equivalent to €0.3969 per share—a 140% increase over the previous year
• The Meeting also approved, among other resolutions, the renewal of the authorization to repurchase treasury shares, as well as the appointment of Ms. Aurora Gracia de los Ríos as a shareholder representative, thereby raising the percentage of women on the Board to 36%.

Mungia (Bizkaia), April 22, 2026 – Arteche, a global leader in equipment and solutions for the electrical sector, held its first Ordinary General Shareholders’ Meeting today since its listing on the Main Market of the Stock Exchange on February 2, during which all items submitted for a vote in accordance with the meeting’s agenda were approved.

First, the Meeting approved the annual financial statements and management report of the Company and its consolidated group for the 2025 fiscal year, as well as the Board of Directors’ performance during that fiscal year. Shareholders also approved the proposed appropriation of 2025 net income, in accordance with the terms proposed by the Board of Directors.

Looking ahead to 2026, Arteche reiterated its confidence in the business’s performance, supported by solid demand in its key markets and progress in automation, digitalization, and AI to enhance efficiency. In this context, the company has confirmed its 2026 guidance, with revenue projected between 555 and 585 million and EBITDA between 87.7 and 95.4 million, maintaining an EBITDA margin between 15.8% and 16.3%.

During the session, the Group also reviewed the key milestones of fiscal year 2025, in which Arteche maintained strong growth and profitability momentum, exceeding the guidance provided to the market. Among the year’s key figures, highlights include revenue of 508.4 million euros (+15.3%), new orders of 590.1 million (+16.0%), EBITDA of 80.5 million (+43.6%), and net income of 45.3 million (+93.4%), along with a strengthened financial position, with net financial debt at 0.3 times EBITDA (compared to 0.5x at the end of 2024).

Regarding shareholder remuneration, and in line with its commitment to sustainable value creation, Arteche’s Board of Directors has proposed distributing 50% of the 2025 net profit as a dividend. This translates to a distribution of €0.3969 per share, 140% more than the previous year.

Regarding sustainability, the Meeting approved the consolidated Non-Financial Information Statement and the Group’s sustainability information for 2025, in line with Arteche’s commitment to responsible management based on ESG criteria (environmental, social, and governance).

The Meeting also approved revoking the previous authorization and granting a new authorization to the Board of Directors for the derivative acquisition of treasury shares, either directly or through Group companies, as well as a capital reduction for the redemption of treasury shares, delegating to the Board the powers necessary for its execution, under the terms set forth in the proposal.

In the area of corporate governance, shareholders approved the ratification and appointment of Finkatze Kapitala Finkatuz, S.A. as a shareholder representative director for the statutory term of four (4) years, as well as, in anticipation of the resignation of director Mr. Pablo Ramallo Taboada, the appointment of Ms. Aurora Gracia de los Ríos as a proprietary director for the same term. With this appointment, the percentage of women on Arteche’s Board of Directors now stands at 36%, thus making progress toward the goal of reaching 40% by the year 2030.

Finally, the Meeting approved the setting of the maximum amount of remuneration for directors in their capacity as such for the current fiscal year and the delegation of powers for the formalization, interpretation, rectification, implementation, and execution of the resolutions adopted.