BUYBACK COMPLETED AT WEIGHTED AVERAGE OF €46.87 PER SHARE

Leonardo S.p.A. has published its scheduled disclosure relating to share repurchase activity conducted under the buyback programme authorised at the company’s Annual General Meeting held on 7 May 2026, with the programme formally initiated on 19 May 2026. In the three-day period from 29 June to 1 July 2026, Leonardo purchased 880,000 ordinary shares on the Euronext Milan market at a weighted average price of €46.867 per share, net of commissions, for a total consideration of €41,242,994.80.

The transactions were executed across three sessions: 420,000 shares were acquired on 29 June at a weighted average of €46.0543 per share (€19,342,793.40); 220,000 shares on 30 June at €46.6317 per share (€10,258,963.00); and 240,000 shares on 1 July at €48.5052 per share (€11,641,238.40). The per-share price rose across the three sessions, with the 1 July average notably higher, consistent with broader market movement in the stock during the period.

TREASURY SHARE POSITION AND PROGRAMME PURPOSE

Following the transactions disclosed in this update, and taking into account treasury shares already held, Leonardo now holds 1,264,525 treasury shares in total, equivalent to approximately 0.2187% of the company’s share capital. The shares acquired under the programme are intended to serve Leonardo’s Long-Term Incentive Plans and Employee Share Ownership Plans, as well as any other share-based incentive arrangements that may be implemented in future. Leonardo is required under Italian market regulations and the EU Market Abuse Regulation to publish periodic disclosures of buyback activity, with detailed transaction-level information appended to each announcement.