As of 13 May 2026

Rai Way confirms the outlook for fiscal year 2026 announced during the presentation of its 2025 annual results.

Excluding the potential effects of the international geopolitical context on energy prices, Rai Way forecasts the following, compared to 2025:

• an Adjusted EBITDAi substantially in line, with underlying business growth offset by a negative impact related to the level of non-core items;
• stable maintenance capex, thus remaining above the recurring average level due to certain cyclical or non-recurring activities;
• higher development capex, primarily reflecting activities related to the photovoltaic project, the extension of the DAB network and the further upgrading of the CDN networl