A5_Company Profile MinervaHub_EN

MINERVAHUB | COMPANY PROFILE | 1

COMPANY PROFILE

English Edition

MINERVAHUB | COMPANY PROFILE | 2

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ABOUT US

OUR ROOTS, OUR VISION

THE COMPANIES OF THE GROUP

BUSINESS UNITS

DISTRIBUTION ACROSS THE TERRITORY

SUSTAINABLE AND RESPONSIBLE INNOVATION

ENVIRONMENTAL, SOCIAL AND COMPANY HIGHLIGHTS

PRECIOUS LEATHER BUSINESS UNIT

ZUMA PELLI PREGIATE, AUDASIT

METAL ACCESSORIES BUSINESS UNIT

MH METAL - GALVANICA FORMELLI

MH METAL - ZETACATENE

OROPLAC

MH METAL - MA.GUI

ELETTROGALVANICA SETTIMI

KOVERLUX

NON-METAL ACCESSORIES BUSINESS UNIT

INTERLINEA2

NEW AND BEST

SP PLAST CREATING

GRUPPO MECCANICHE LUCIANI

ORNAMENTS BUSINESS UNIT

JATO 1991, JATO GARMENTS PVT LTD

QUAKE

GORETTI

ARTELIER

MABEL

DEADEMA

TRAPUNTATURA BELPUNTO

ITTTAI

TERAWAL

LADY SHOES COMPONENTS BUSINESS UNIT

LTM

CONTACTS

MINERVAHUB | COMPANY PROFILE | 6

ABOUT US

MinervaHub is a new Italian industrial company specialising in cutting-edge

fi nishes, materials and processes for high-end fashion accessories.

The aim is to aggregate, strengthen and evolve the design and production chain

of highly innovative components, creating an ecosystem of Italian manufacturing

excellence.

A network that collaborates with the most important fashion houses, offering

integrated solutions where craftsmanship blends with technological innovation and

industrial solidity.

Thanks to the ability to integrate creativity, flexibility and production diversifi cation,

MinervaHub confi rms its position as a strategic partner capable of serving,

inspiring and enhancing the entire global fashion industry.

OUR ROOTS,

OUR VISION

MinervaHub - a new industrial enterprise in the fashion sector, specialising in fi nishes

and materials for luxury products - was established in 2022 from the merger of the

companies Ambria Holding and XPP Seven. Since June 2023 it has been headed

by San Quirico S.p.A., one of Italy’s leading industrial holding groups.

Today the MinervaHub Group is led by Matthew Marzotto and Alessandro Corsi,

respectively President and CEO.

A group conceived with a clear vision: to create a structured ecosystem that

preserves and enhances Italian manufacturing excellence and amplifi es its potential

on a global scale.

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MINERVAHUB | COMPANY PROFILE | 7

THE COMPANIES

OF THE GROUP

A union of uniqueness and skills

The Group's companies mainly operate in the sector of

fashion and luxury accessories, but also in the design,

automotive, cosmetics and jewellery areas.

Technical skills and haute couture approaches meet: each

company brings with it valuable and distinctive know-how,

excellent production expertise and an innovation-oriented

vision.

The Group is organised into fi ve Business Units, each

specialising in a key segment of production, to ensure

innovation and absolute quality of product and process and

to offer an exclusive and personalised service.

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BUSINESS UNITS

LTM

ELETTROGALVANICA

SETTIMI

GRUPPO

MECCANICHE

LUCIANI

QUAKE

ZUMA

GORETTI

ARTELIER

ITTTAI

TRAPUNTATURA BELPUNTO

INTERLINEA2

NEW AND

BEST

SP PLAST CREATING

KOVERLUX

OROPLAC

MH METAL

ZETA CATENE

PELLI PREGIATE

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JATO 1991

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AUDASIT

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11

15

18

20

21

DEADEMA

MABEL

13

TERAWALL

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22

12

JATO 1991

JATO GARMENTS PVT LTD

GALVANICA

FORMELLI

MA.GUI

14

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LADY SHOES

COMPONENTS

Metal

components

for heels and

women's

footwear.

NON-METAL

ACCESSORIES

Transformation

of plastic

materials for

the fashion,

accessories and

footwear sectors.

METAL

ACCESSORIES

Processing

and fi nishing

for metal

accessories and

chain production

ORNAMENTS

Hand

embroidery,

automatic

embroidery

and fashion

applications.

PRECIOUS

LEATHER

Tanneries

specialised in

the production

of exotic

leathers.

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DISTRIBUTION

ON THE TERRITORY

Company contacts on page 64

Company contacts on page 64

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Cagliari

Catanzaro

Potenza

Naples

L’Aquila

Perugia

Bologna

Turin

Trieste

Venice

Trento

Campobasso

Rome

Florence

Genoa

Milan

Ancona

Bari

VALLE D’AOSTA

PIEDMONT

TRENTINO

ALTO ADIGE

FRIULI

VENEZIA

GIULIA

VENETO

EMILIA ROMAGNA

TUSCANY

WALK

UMBRIA

LAZIO

ABRUZZO

MOLISE

CAMPANIA

PUGLIA

BASILICATA

CALABRIA

SARDINIA

LIGURIA

LOMBARDY

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AUDASIT - TEXAS (US)

JATO 1991

JATO GARMENTS PVT LTD

NEW DELHI (INDIA)

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Foreign companies:

Palermo

SICILY

MINERVAHUB | COMPANY PROFILE | 10

SUSTAINABLE AND

RESPONSIBLE

INNOVATION:

OUR LUXURY

CONCEPT

MinervaHub aims to be the point of reference for transformation of the

high-end fashion accessories sector, adopting a responsible approach that

integrates technological innovation and sustainability.

From the very beginning, we designed a business model that places

sustainability at the heart of our strategy.

The Group's commitment translates into a strategic ESG plan, which

integrates best practices to create value while fully respecting the planet.

In particular, it is concretely committed to:

• Reducing environmental impact with low-resource production processes.

• Ensuring traceability and the sustainability of the supply chain, from

materials to fi nished products.

• Investing in people's well-being and in the development of skills.

Sustainability for us means looking beyond the present, innovating with

ethics and responsibility to create a positive impact on people, on the

environment and on the supply chain.

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51%

RENEWABLE ENERGY TO TOTAL ENERGY CONSUMPTION

(MWH)

159,4

GHG EMISSIONS SCOPE 1, 2 & 3

MARKET-BASED / PRODUCTION VALUE (TCO2E/€M)

5.377

TOTAL WASTE PRODUCTION (T)

28.136

CTOTAL ENERGY CONSUMPTION (MWH)

7.135

TOTAL SCOPE 1 AND 2 GHG EMISSIONS

411.366

TOTAL WATER CONSUMPTION (M3)

1.310

TOTAL WASTE SENT FOR RECOVERY(T)

1.341

EMPLOYEES

43,9%

FEMALE EMPLOYEES

94,9%

PERMANENT EMPLOYEES

5.615

HOURS OF TRAINING PROVIDED

10,7

HOURS OF TRAINING PER CAPITA

4,55

OCCUPATIONAL ACCIDENT RATE

1500

OVER 1500 CUSTOMERS

Source: MinervaHub Social Report 2024

COMPANY HIGHLIGHTS

CERTIFICATIONS

N. 44, IN COMPLIANCE WITH NATIONAL

AND INTERNATIONAL STANDARDS.

WHISTLEBLOWING

IN COMPLIANCE WITH LEGISLATIVE

DECREE 24/2023, SAFEGUARDING

INTEGRITY AND TRANSPARENCY.

MODEL 231/01

OF ORGANIZATION, MANAGEMENT, AND

CONTROL PURSUANT TO LEGISLATIVE

DECREE 231/01

SOCIAL HIGHLIGHTS

ENVIRONMENTAL HIGHLIGHTS

CODE OF CONDUCT

VALUES AND RULES OF CONDUCT THAT

DEFINE THE GROUP’S OPERATIONS.

MINERVAHUB | COMPANY PROFILE | 12

BUSINESS UNIT

PRECIOUS LEATHER

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BUSINESS UNIT | PRECIOUS LEATHER

Year of foundation

2016

Site

Pisa

Addition of the MH Group

2019

Specialisation

Exotic leather tannery

Application sectors

Clothing

Furniture

Footwear

Leather goods

Year of foundation

2022

Site

Texas U.S.A

Addition of the MH Group

2022

Specialisation

Alligator farming

MINERVAHUB | COMPANY PROFILE | 14

BUSINESS UNIT | PRECIOUS LEATHER

Zuma Pelli Pregiate is an Italian tannery specialised in the production of exotic leathers both

subject to CITES documentation (alligator, crocodile, python and lizard), and non-CITES

documentation (ostriches, ayers, karung, etc.), with the aim of creating unique raw materials

destined for the most prestigious fashion and luxury brands.

Latest generation technologies, tanning tradition, artisanal experience and constant creative

drive are integrated into a single formula to achieve the highest quality standards on the product

while simultaneously guaranteeing maximum flexibility, responsiveness and customisation.

Research and development, continuous improvement, and constant investment in production

from the earliest stages of procurement, combined with awareness and transparency, play a key

role in ensuring a complete, robust and traceable supply chain.

Processing of fi ne leathers for international luxury

It is an alligator farm located in Texas, USA, managed according to the highest “cruelty-free”

sustainability standards, certifi ed by ICFA. In the breeding, traceability and safety activities, all

federal and state compliance requirements governing restocking and the trade of harvested hides

are met. From an animal welfare perspective, Audasit has established a shared policy that is

strictly followed by all farm personnel.

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BUSINESS UNIT | PRECIOUS LEATHER

The industrial structure is based on two

strategic departments:

Tanning

The operational heart of the company, it

manages leather treatments with sartorial

attention, anticipating the needs of luxury

brands.

Finishing

A key stage that gives the leather its fi nal

appearance, defi ning the unique character of

each item.

Zuma Pelli Pregiate's corporate project is

based on clear ethical principles.

The company is committed to ensuring

traceability, quality and high performance,

in full compliance with the most restrictive

regulations regarding health, safety and

environmental protection.

The aim is to offer international luxury brands

a product that meets universally recognised

certifi cations.

PROCESSING AND TECHNOLOGIES

SUSTAINABILITY AND CERTIFICATIONS

ISO 5000

14001

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BUSINESS UNIT

METAL ACCESSORIES

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In December 2025, Galvanica Formelli and Zeta Catene

were involved in a merger by incorporation, under the new

company name MH Metal.

Year of foundation

1999

Site

Arezzo

Addition of the MH Group

2022

Specialisation

Cataphoresis Treatments

Galvanic Treatments

Treatments for ageing

Application sectors

Clothing

Accessories

Footwear

Jewellery, Bijoux and Watches

Leather goods

Year of foundation

1990

Site

Arezzo

Addition of the MH Group

2022

Specialisation

Steel Chains

Silver Chains

Aluminium Chains

Bronze Chains

Brass Chains

Application sectors

Clothing

Footwear

Jewellery, Bijoux and Watches

Leather goods

Year of foundation

2016

Site

Arezzo

Addition of the MH Group

2022

Specialisation

Cataphoresis Treatments

Galvanic Treatments

Treatments for ageing

Application sectors

Clothing

Accessories

Footwear

Jewellery, Bijoux and Watches

Leather goods

Year of foundation

2016

Site

Arezzo

Addition of the MH Group

2022

Specialisation

Cataphoresis Treatments

Galvanic Treatments

Treatments for ageing

Application sectors

Clothing

Accessories

Footwear

Jewellery, Bijoux and Watches

Leather goods

Year of foundation

1983

Site

Macerata

Addition of the MH Group

2023

Specialisation

Galvanic Treatments

Treatments for ageing

Protective Painting

Application sectors

Clothing

Accessories

Footwear

Leather goods

Year of foundation

2001

Site

Bergamo

Addition of the MH Group

2019

Specialisation

Diamond work

Lasering

Enamelling

Sputtering

Digital printing

Painting

Application sectors

Clothing

Accessories

Footwear

Jewellery, Bijoux and Watches

Leather goods

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BUSINESS UNIT | METAL ACCESSORIES

Galvanica Formelli is a company of excellence in automated electroplating for the high-end

market. Initially specialising in the treatment of precious surfaces on gold and silver items, it

expanded its range to include the finishing of metal fashion accessories, quickly becoming a

strategic partner for the largest players in the sector.

Today it boasts the first automatic system in the world for the finishing of chains and accessories

with three processing lines (2 nickel-free and one nickel).

Masters in finishing precious metals

PROCESSING AND TECHNOLOGIES

Galvanica Formelli combines craftsmanship

and automation to offer highly precise galvanic

treatments. The company is able to create

finishes on fashion accessories in precious

metals and innovative materials, guaranteeing

luxury brands quality, durability, customisation

and impeccable aesthetics.

Preparation of the raw material

The preparatory phase consists of cleaning

operations and surface refinement, to ensure

compatibility with subsequent treatments and

to obtain uniform and long-lasting finishes.

Technical galvanic treatments

Before the deposition of precious metals, we

conduct essential treatments such as copper

plating, nickel plating and bronzing which act

as a technical and chromatic base.

Galvanic treatments with precious metals

We apply precious coatings with techniques

that ensure brightness and durability over time.

Precise control of the deposited thickness

ensures chromatic uniformity and protection

against corrosion and wear, complying with

current regulations on precious metals.

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Treatments for ageing and oxidation

We offer a wide range of standard antique

finishes such as burnishing, antique bronzing,

oxidation and custom finishes.

The treatments are stabilised with invisible

protectors that preserve their appearance

without altering their original colour.

Cataphoresis

An

electrochemical

process

which

guarantees full protection of the accessory.

The polymer coating is deposited uniformly

over the entire surface, even in the most

hidden cavities, creating a protective barrier

against chemicals and abrasions.

Analysis laboratory

Our facility houses a modern analysis centre

dedicated to the continuous monitoring

of production processes. The laboratory

conducts systematic checks in order

to evaluate the corrosion resistance and to

precisely determine the composition

of the deposited layers.

BUSINESS UNIT | METAL ACCESSORIES

Galvanica Formelli integrates innovation and

environmental responsibility at every stage

of production, adopting solutions to reduce

energy impact and to ensure sustainable

processes.

Energy efficiency

Installation

of

high-efficiency

systems,

including heat pumps, gas cogenerators and

low-energy LED lighting.

Responsible resource management

Optimising water consumption with storage

tanks and advanced air treatment systems.

Controlled and safe processes

Monitoring

the

chemical

composition

of

galvanic

finishes,

integrating

digital

infrastructure

for

Industry

4.0,

and

technological systems for lower environmental

impact.

PROCESSING AND TECHNOLOGIES

SUSTAINABILITY AND CERTIFICATIONS

MINERVAHUB | COMPANY PROFILE | 20

BUSINESS UNIT | METAL ACCESSORIES

Thanks to its vision, creative ability and constant focus on innovation, Zeta Catene is an ideal

partner for the creation of exclusive accessories for bags, shoes and jewellery for the most

prestigious international fashion brands.

The vertical integration of the production chain - from wire processing to diamond cutting and

chain production and mass production - means being able to optimise time and costs, ensuring

a high level of customisation and flexibility, customised prototypes and mass or limited edition

production.

Metal chains for high-end fashion

SUSTAINABILITY AND CERTIFICATIONS

PROCESSING AND TECHNOLOGIES

Zeta Catene integrates sustainability into

every stage of production, investing in

innovative

technologies

and

low-impact

processes.

Renewable energy

Use of a photovoltaic system to reduce

energy consumption.

Responsible resource management

Control of the use of raw materials and

reduction of waste.

Material safety

Use of low-lead brass (≤80PPM) and nickel-,

lead- and cobalt-free galvanic treatments,

compliant with the REACH regulations.

Social responsibility

Adherence to a Code of Ethics that promotes

sustainable practices, worker protection and

the fight against corruption, in line with the

ESG principles.

Zeta Catene follows the entire production

process of the chain through the following

services:

Design and custom prototyping;

Knitwear and brass, bronze and aluminum

wire processing;

High precision finishes, including

diamond cutting and welding;

Supply of complete surface treatment

chains, performed in close collaboration with

companies specialising in galvanic and paint

finishing of the MinervaHub group;

Custom and mass production, with over

2000 types of accessory chains.

Zeta Catene is constantly committed to

innovation,

implementing

Industry

4.0

technologies to increase productivity and to

expand the range of available materials and

finishes.

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BUSINESS UNIT | METAL ACCESSORIES