Indústrias Romi S A : Earnings Release

1Q22

Earnings Release

April 26, 2022

March 31, 2022

Share price at 04/25/2022

ROMI3 - R$13.93 per shareMarket value R$1,022 million US$209.7 million

Number of shares

Common: 73,333,922

Total: 73,333,922

Free float = 50.8%

Earnings Conference Call broadcast over the web in Portuguese, with simultaneous translation into English

April 27, 2022

11 a.m. (São Paulo) | 3 p.m. (London) | 10 a.m. (New York)

https://us02web.zoom.us/webinar/register/WN_gSh9hzAoSLejQ6j03-MIcQ

ID Zoom: 819 7909 3207

Dial-in number: +55 (11) 4632-2236

International dial-in numbers:https://us02web.zoom.us/u/kszWE5ZfN

Santa Bárbara d'Oeste - São

Paulo, March 31, 2022

Romi S.A. ("Romi" or "Company") (B3: ROMI3),

domestic market leader in the Machine Tools and Plastic Processing Machines markets, as well as an important producer of Rough and Machined Cast Iron Parts, announces its results for the first quarter of 2022 ("1Q22"). Except where otherwise stated, the

Company's operating and financial information is presented on a consolidated basis, in accordance with the International Financial Reporting Standards (IFRS).

Statements contained in this release related to Romi's business outlook, projections of operating and financial results and references to the Company's growth potential are mere forecasts and have been based on Management's expectations regarding its future performance. These expectations are highly dependent upon market behavior, the economic situation in Brazil, the industry and international markets. Therefore, they are subject to changes.

Investor Relations Contact Fábio B. Taiar

Investor Relations Officer +55 (19) 3455-9418dri@romi.com

Highlights

Net Operating Revenue of R$285.3M in 1Q22 (+28.2% over 1Q21);

Order backlog reaches R$791.3M at the end of 1Q22 (+14.1% over 1Q21)

• ▪ Consolidated net operating revenue for 1Q22 reached R$285.3 million, an increase of 28.2% compared to 1Q21.

• ▪ At the Romi Machines Unit, net operating revenue increased by 34.4% in 1Q22 compared to 1Q21, due to the consolidation of the success of the new product lines and the resumption of orders in the domestic and foreign markets; The increase in revenue, coupled with an effective control over operating expenses, resulted in an increase of 21.3% in operating profit compared to 1Q21;

• ▪ At the end of 1Q22, the Company's order backlog reached R$791.3 million, an increase of 14.1% in comparison to 1Q21, with highlights to the Romi Machines and Raw and Machined Cast Iron Parts business units; and

• ▪ In addition to the Material Fact published on March 29, 2022, the wholly-owned subsidiary Rominor Empreendimentos Imobiliários S.A. launched, in April of that year, the closed subdivision Vila Romi Residence, which has 352 lots from 300 m² to 884m². So far, sales are indicating that the total GSV (General Sales Value) estimated at around R$137 million proved to be adequate. Rominor Empreendimentos' interest in this project is 50% of GSV.

(1) Of the investments made in 1Q21, 4Q21, and 1Q22, the amounts of R$8.6 million, R$10.2 million and R$14.3 million refer to machines manufactured by the Company that were allocated to the machinery rental business, a new solution launched in 3Q20.

Corporate Profile

Romi, founded in 1930, is the leader in the Brazilian industrial machinery and equipment market, and an important manufacturer of rough and machined cast iron parts.

The Company is listed on B3's "New Market", which is reserved for companies with a higher level of corporate governance. Romi manufactures machine tools (Conventional Lathes, Computerized Numerical Control (CNC) Lathes, Lathing Centers, Machining Centers, Vertical and Horizontal Heavy and Extra-Heavy Lathes and Drilling Mills), Plastic Injection or Blow Molding Machines and ductile or CDI gray cast iron parts, either in raw or machined form. The Company's cutting-edge products and services, which feature Industry 4.0 technologies, enable the smart use of the data generated, whether through built-in artificial intelligence or through the transfer of big data over the networks (connectivity) to a central analysis site. The Company's equipment is sold all globally and used by a number of industrial segments, such as the agricultural machinery, capital goods, consumer goods, packaging, tooling, hydraulic equipment, sanitation, automotive and wind power industries, among many others.

The Company has thirteen manufacturing units, four of which for final assembly of industrial machinery, two foundries, four units for machining of mechanical components, two units for manufacture of steel sheet components, and a unit for assembly of electronic panels. Of these, eleven are located in Brazil and two in Germany. The Company has an installed production capacity of approximately 2,900 industrial machines and 50,000 thousand metric tons of castings per year.

Current Economic Scenario

2022 ended indicating the continuity of a favorable environment for investments, as started in mid-2020. This important recovery in business volume can be noticed in all units, both in businesses in the domestic market and in exports and at the Burkhardt Weber business unit. Although the current level of real interest rates and the prospects indicate its increase and the current exchange rate level represents new challenges to competitiveness of the national industry, the costs and the global logistics availability continue stimulating the country in general to allocate a greater portion of production to Brazil, as well as to seek greater productivity and preservation of competitiveness. In view of the more concrete signs of this resumption that took place in 2020, the Company prepared itself, especially in relation to orders for raw materials and components along the supply chain, which have allowed us to serve customers in an appropriate and competitive period. Romi is prepared to continue to support its customers by providing high-technology products, within deadlines suitable to the market's needs.

In the foreign market we have also noted a recovery of machine orders, not only for Romi Machines, but also for BW Machines, the latter with relevant orders placed in 2021. These orders reflect the economic recovery and, consequently, the growing volume of opportunities both in the Asian continent and in Europe.

The Industrial Entrepreneur Confidence Index (ICEI) also shows a strong recovery of confidence throughout 2021, and in recent months this index remained stable at a level considered highly favorable for new investments.

Industrial Entrepreneur Confidence Index - ICEI

Source: CNI-ICEI, April 2022

Having suffered the impact of the pandemic, the Installed Capacity Utilization (UCI) index of the domestic industry in general, released by the National Confederation of Industries (CNI), is currently at normal levels, and continues to stimulate investments.

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