4 IMPACT: Going beyond the numbers In 2005, when Goldman Sachs sold its stake, the company was valued at € 300 million euros; today it is worth more than €10 billion. What is your priority, at this point? We must continue to work on building value, and especially in distributing the value we create. Prysmian is a widelyheld public company. I want the Group's more than 31,000 employees to share the benefits of our performance as much as possible, together with the large shareholders. This is why last year we launched the first three-year plan that allows our workers and employees in 35 countries around the world to convert their performance bonus into shares, and which the company will match, therefore doubling it. The plan provides for a maximum award of 3 million shares worth about €110 In this interview Battista explains why management focus is centered on investments to increase production capacity needed to meet growing demand, with about €500 million in annual spending planned for the next three years, especially in the Projects business unit. M&A will proceed in small steps, with targeted acquisitions. THIS IS HOW WE Prysmian CEO Valerio Battista led the cable manufacturer to a record performance in 2022, with cash flow of €559 million (+53% over 2021), revenues of €16 billion, and adjusted EBITDA of about €1.5 billion. create value.
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