Dear Employees, Subcontractors, and Suppliers,

I write on behalf of myself, the Shareholders, and the Board of Directors of Cantiere delle Marche.

After years of editorials dedicated to our clients, professionals, yacht enthusiasts, and fans of Cantiere delle Marche, this year we want to express our heartfelt gratitude to everyone whose daily efforts contribute to making this incredible success story a reality.

As we approach the end of another transformative year, we actually feel compelled to share our great satisfaction with you, our CdM Tribe. This year has tested our resilience and commitment, and we are immensely proud of how we've come together to tackle challenges and achieve remarkable success.

Celebrating and sharing our Achievements

While our journey has always been guided by passion and dedication, 2024 stands out for its extraordinary accomplishments. We are thrilled to share some outstanding results with all of you:

• Order Book 2024: Doubled compared to 2023 = + 100%
• Production Value: Increased by an impressive + 21%.
• Contracts Signed: 12 new contracts secured this year, representing 25% of our total order book since CdM was founded in 2010 (12 out of 49 contracts).

These results are a testament to your hard work, unwavering enthusiasm, and exceptional commitment. Thanks to you, Cantiere delle Marche has solidified its position as a global leader in quality, reliability, and forward-thinking engineering and design.

A Collective Effort

Your hard work, dedication, and unwavering spirit have been nothing short of inspiring. Despite the obstacles we encountered, you have shown remarkable perseverance and teamwork, which has led us to achieve significant success. Each of you has played a vital role in our accomplishments, and I want you to know that your efforts have not gone unnoticed. Whether through groundbreaking projects or exceptional customer service, your contributions have elevated CdM to new heights. You have set industry benchmarks and earned the trust of superyacht owners worldwide.
This trust, built on a foundation of unparalleled quality and reputation, is why CdM is recognized as a key reference point in our field.

Staying Grounded

As we celebrate these achievements, we must also remain true to the values that define us. Success is not just about reaching new heights, it's about staying grounded, supporting one another, and embracing continuous growth. We are proud to call ourselves a Tribe. This identity, rooted in unity and shared purpose, is our greatest strength. Let's continue to avoid self-referential attitudes, focusing instead on collaboration and excellence. This mindset has made CdM the shipyard we could only have dreamed of: a place where passion meets purpose.

Looking Ahead

The challenges we faced have only made us stronger, and I am confident that we will continue to thrive together as a team, or even better – as they all now recognize us to be – as a TRIBE. As we carry the lessons of this year into the future, we are excited for the opportunities and challenges that lie ahead. Together, we will continue to redefine success, setting new standards for the industry while staying true to our values. Thank you for your dedication, talent, and passion. You are the driving force behind our success, and we are honored to work alongside such an exceptional group of individuals. Here's to an even brighter future, filled with innovation, growth, and continued success.

Best wishes