Elevator Pitches, Company Presentations & Fina

eDreams ODIGEO Q3 FY26 Financial Results: Subscription Powerhouse Accelerating Toward €270M Cash EBITDA Target Presented by CFO David de la Elizaga David de la Elizaga, CFO of eDreams ODIGEO, presented the company’s Q3 FY26 results (nine months ending 31 December 2025), outlining a business undergoing a structural transition — but from a position of operational strength. Strong Underlying Profitability Adjusted EBITDA increased 74% year-on-year to €138.4 million, demonstrating the resilience of the core business. This metric excludes the temporary cash timing impact resulting from the shift from annual upfront Prime subscriptions to annual subscriptions paid in monthly instalments. Cash EBITDA reached €126.7 million (+2% YoY), despite: Investments in new products and geographies Temporary instability in Ryanair content Subscription payment timing effects Importantly, profitability per transaction improved: Cash Marginal Profit rose to €207.8 million (+3%) Cash Marginal Profit Margin expanded to 42% Cash EBITDA margin improved to 26% This signals increasing operating leverage as the Prime member base matures. Prime Membership: The Core Growth Engine Prime subscribers reached 7.7 million (+13% YoY), increasing to 7.8 million in January. Management reaffirmed the FY26 target of 7.9 million members. Prime-related revenue now represents 75% of Cash Revenue Margin, confirming the structural shift from transactional OTA to subscription-led travel platform. Higher customer lifetime value and improved loyalty metrics (+10% increase in NPS) further support the long-term model. Strategic Transition: Short-Term Cash Timing, Long-Term Value Creation The move to annual subscriptions paid monthly causes a temporary “one-time unwind” in cash metrics. However, the cash remains contractually secured and is collected over 12 months rather than upfront. This shift expands total addressable market, accelerates subscriber growth and diversifies revenue streams. By FY30, management targets: 13+ million Prime members €270+ million Cash EBITDA 1.5–2.0 million net adds annually (FY28–FY30) Cash EBITDA margin dip to ~15% in FY27 (investment year) Margin recovery to 23% by FY30 By FY30, 66% of volume will be diversified away from core European flight exposure. Valuation Disconnect At current share prices, the company trades at: 4.4x FY26 Cash EBITDA 4.0x Adjusted EBITDA This compares with: ~8.3x Global OTA average ~11.0x B2C subscription average Management believes the market significantly undervalues the structural improvement in business quality and long-term cash generation. Capital Allocation & Shareholder Returns eDreams reinforces confidence through aggressive capital return: €23M shares repurchased this quarter €100M buyback commitment through September 2027 12M shares already amortised (9.4% of share capital) ~24% of market capitalization pending repurchase at current prices This implies an exceptional yield profile rarely seen in growth-phase companies. Investment Thesis eDreams ODIGEO is transitioning into a high-margin, recurring revenue travel subscription leader. Despite temporary cash timing headwinds, operational profitability, subscription growth and strategic diversification remain intact. ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is for informational purposes only and does not constitute investment advice. Using this website, you agree to our terms and conditions outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

JOST Werke SE delivered a resilient performance in FY 2025 despite a mixed macroeconomic backdrop across global commercial vehicle markets. While freight volumes and trailer registrations normalized in parts of Europe and North America, structural demand drivers such as fleet renewal, efficiency requirements, and regulatory standards remained intact. Revenue remained stable, supported by geographic diversification and a broad product portfolio spanning truck and trailer systems, axle solutions, and agricultural components. The company maintained a solid adjusted EBITDA margin, demonstrating strong pricing discipline and cost control. Operating and free cash flow generation remained robust, underlining JOST’s structural cash-generative profile. Margin stability in a moderating demand cycle reflects operational improvements implemented in recent years, including supply chain optimization, procurement efficiencies, and production flexibility. Agricultural and aftermarket activities provided additional resilience, while strong OEM relationships across Europe, North America, and Asia supported global positioning. The balance sheet remains solid, with controlled leverage, a healthy equity ratio, and continued deleveraging. Capital allocation stays disciplined, prioritizing organic growth, selective M&A, and sustainable shareholder returns. Strategically, JOST focuses on efficiency programs, digitalization, lightweight components, and sustainability-driven innovation. Electrification and evolving safety standards in commercial transport represent long-term growth opportunities. Overall, FY 2025 confirms JOST’s ability to navigate cyclical fluctuations while protecting margins and cash flow — reinforcing its positioning as a structurally improved, financially disciplined industrial supplier within global transport supply chains. ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

eDreams ODIGEO's Deep Dive: Key Takeaways Presented by CFO David Elizaga eDreams ODIGEO is entering what management describes as a decisive inflection point in its corporate development. In this deep dive, David Elizaga, Chief Financial Officer, outlines why the company’s recent strategic shift represents not a defensive adjustment but a high-conviction move designed to unlock a significantly larger addressable market and a more predictable earnings profile over the long term. A Strategic Reset Focused on Long-Term Value Creation Management begins by directly addressing the sharp share price correction of roughly 60 percent following the November 2025 strategy update. The market reaction was driven primarily by the decision to introduce a monthly payment option for Prime subscriptions alongside the existing annual model. This change results in a one-time cash unwind in the short term, temporarily depressing reported Cash EBITDA and free cash flow in FY26 and FY27. Crucially, CFO David Elizaga stresses that this is a timing effect rather than a loss of value. The cash is still contractually secured but received over twelve months instead of upfront. In essence, eDreams is deliberately trading near-term cash acceleration for structurally higher market penetration, faster subscriber growth, and a more diversified revenue base. Why the Monthly Model Is a Growth Catalyst The introduction of monthly Prime subscriptions materially lowers the entry barrier for customers and significantly expands the total addressable market. Management now targets more than 13 million Prime members and over €270 million in Cash EBITDA by FY30. Beyond scale, the business mix improves meaningfully. The Prime platform becomes less dependent on European flights and increasingly diversified across geographies and travel products. By FY30, more than two thirds of volumes are expected to be generated outside the traditional European flight segment. Importantly, this transition is not theoretical. eDreams has already demonstrated its ability to scale Prime from roughly two million to over seven million members, giving management strong confidence in execution. Track Record of Delivering on Long-Term Plans A central pillar of the investment case is credibility. Since David Elizaga became CFO, eDreams has executed three long-term strategic plans, each time delivering on the guidance provided. The current strategy is framed as a continuation of this disciplined approach. Management highlights that the 2021 strategic plan involved significantly higher risk and was delivered successfully despite severe external shocks including the pandemic aftermath, geopolitical conflicts, inflation, and weak consumer sentiment. Against this backdrop, the CFO argues that the current valuation reaction does not reflect execution reality. Valuation Disconnect and Market Assumptions Management identifies a pronounced disconnect between internal expectations and sell-side valuation frameworks. Analysts are currently applying conservative assumptions across multiple dimensions.... ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Presented by CFO Michael Schneiders Brain Biotech AG has concluded the 2024/25 financial year with a clear strategic signal to capital markets: the company is increasingly translating its technology platform into tangible financial results through disciplined monetization, operational focus, and strict cost control. In the FY 2024/25 results presentation, Michael Schneiders, Chief Financial Officer, outlines how Brain Biotech is progressing from a technology-driven innovation platform toward a more cash-generative, scalable industrial biotechnology group. Strategic Focus: From Innovation to Monetization The 2024/25 financial year marked an important transition phase for Brain Biotech. Management placed a strong emphasis on monetizing selected assets and projects while maintaining technological leadership in enzyme innovation and industrial biotechnology. Rather than pursuing broad expansion, the company focused on converting prior R&D investments into measurable economic outcomes. This included milestone payments, licensing income, and structured partnerships, particularly within the enzyme and biocatalysis segments. These initiatives underline Brain Biotech’s ability to extract value from its technology portfolio without diluting strategic optionality. Cost Discipline and Margin Stabilization A defining feature of FY 2024/25 was the company’s strict cost discipline. Brain Biotech implemented targeted efficiency measures across the organization, prioritizing high-value activities while reducing structural overhead. This disciplined approach helped stabilize margins despite a challenging macroeconomic environment for biotechnology and life sciences companies. Management made clear that profitability and cash preservation are now core steering metrics, reinforcing investor confidence in Brain Biotech’s financial governance. Core Segment: Enzyme and Industrial Biotechnology Growth The enzyme business remains the operational backbone of Brain Biotech. The company continues to benefit from long-term structural demand for sustainable, energy-efficient, and biodegradable solutions across food, life sciences, and industrial applications. Brain Biotech’s integrated platform—combining biodiversity libraries, AI-supported enzyme discovery, and proprietary strain engineering—provides a competitive advantage in addressing customer-specific applications. Importantly, the company is increasingly shifting toward higher-margin, proprietary enzyme products rather than purely project-based revenues. AI as a Competitive Accelerator Artificial intelligence plays a growing role in Brain Biotech’s operating model. Management emphasized that AI is not a standalone strategy but a productivity and speed enhancer across enzyme discovery, optimization, and commercialization. By integrating AI-driven tools into its R&D and development processes, Brain Biotech shortens time-to-market, improves success rates, and strengthens customer value propositions—an increasingly relevant differentiator in industrial biotechnology. Financial Position and Capital Allocation From a balance sheet perspective, Brain Biotech remains focused on financial resilience. Cash management, selective capital allocation, and disciplined investment decisions underpin the group’s medium-term strategy. Management reiterated that future growth will be driven primarily by organic expansion in the enzyme segment, complemented by selective monetization of non-core or mature assets. M&A remains opportunistic rather than mandatory, ensuring financial flexibility in volatile markets... .. T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Daldrup & Söhne AG Company Presentation: Key TakeawaysDaldrup & Soehne AG: Specialized Drilling Services for Europe’s Energy Transition and Infrastructure MarketsDaldrup & Soehne AG presents itself as a leading, highly specialized drilling service provider in Europe, with a strong focus on geothermal energy, infrastructure-related drilling, and raw materials exploration. CEO Andreas Toennies highlights the company’s deep engineering expertise, diversified service portfolio, and supportive regulatory environment as the key pillars of a resilient and scalable business model.Company Background and Comprehensive Service PortfolioDaldrup is a family-owned company with more than four decades of experience in technically demanding drilling projects. It operates across four core segments: geothermal energy, water extraction, raw materials and exploration, and environmental and infrastructure drilling. Unlike most competitors, Daldrup covers the full drilling depth spectrum—from near-surface applications to deep geothermal wells reaching depths of up to 6,000 meters—allowing the company to address a broad range of customer requirements across the DACH region and beyond.Strategic Positioning in Geothermal EnergyA central differentiator is Daldrup’s strong positioning in medium-depth and deep geothermal energy, which is becoming a cornerstone of Europe’s heat transition. The company supports municipalities, utilities, industrial clients, and infrastructure operators in developing district heating systems, industrial heat supply, and low-carbon thermal energy solutions. Geothermal energy is increasingly recognized as a scalable, baseload-capable renewable heat source, where Daldrup’s technical expertise and long operating track record create substantial barriers to entry.Regulatory Tailwinds and Improved Project EconomicsDaldrup benefits from favorable regulatory developments, particularly in Germany and Switzerland. Recent legislation accelerates geothermal project development, streamlines approval processes, and formally classifies geothermal energy as being in the public interest, improving planning security and shortening timelines. Newly introduced exploration-risk hedging instruments, supported by public institutions and reinsurance markets, significantly reduce financial risks for municipalities. Together, these measures improve financing conditions and are expected to expand the addressable project pipeline over the coming years.Operational Scale and Asset BaseThe company operates a diversified fleet of approximately 45 drilling rigs capable of executing nearly all drilling applications, including geothermal wells, infrastructure stabilization, groundwater monitoring, gas extraction, and exploration projects. Continuous investment in modern, high-capacity equipment ensures high utilization rates, operational efficiency, and the ability to manage multiple large-scale projects in parallel. Management notes that the majority of the fleet is booked on a long-term basis, underlining strong and sustained market demand.....▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Daldrup & Söhne AG Elevator Pitch 2025 | Geothermal Drilling & Energy Transition Growth Daldrup & Söhne AG Elevator Pitch: Key Takeaways This elevator pitch introduces Daldrup & Soehne AG as a specialized, family-run drilling services provider focused on geothermal energy and sustainable infrastructure. CEO Andreas Toennies highlights the company’s business model, operational strengths, and growth drivers, positioning Daldrup as a key enabler of Europe’s energy and heat transition. Business Areas and Operational Scope Daldrup & Soehne operates in four business areas: geothermal energy, raw materials and exploration, water extraction, and EDS (environmental, development, and special drilling services), mainly in the DACH and Benelux regions. With nearly 80 years of history and over 40 years of CEO experience, the company stands out for its unmatched drilling capabilities in Europe, covering depths from near-surface to deep geothermal projects up to 6,000 meters. Scale, Workforce, and Asset Base In 2024, Daldrup reported total output of approximately EUR 54.5 million and employs about 160 specialists. To meet growing demand, the company recently hired 30 additional drilling professionals and continues to invest in its assets. Daldrup operates 45 drilling rigs, all maintained for high utilization and efficiency. Recent investments include two advanced universal drilling rigs with a 65-ton hook load, both fully booked long-term and enhancing capacity for medium-depth geothermal and infrastructure projects. Market Visibility and Project Selection Discipline Daldrup’s strong market visibility and disciplined project selection are key value drivers. The company uses a probability-weighted approach to evaluate projects, ensuring resources are directed to the most attractive opportunities. Despite securing two major geothermal contracts, Daldrup’s processed market volume is about EUR 325 million, reflecting sustained demand and a strong growth pipeline. Geothermal Energy as a Structural Growth Market The pitch emphasizes geothermal energy as a structural growth market. Recent German legislation, especially the Geothermal Acceleration Act (GeoBG), has improved the regulatory framework by shortening approval times and prioritizing geothermal projects. Combined with exploration-risk insurance and public financing, these measures reduce project risk and are expected to accelerate geothermal deployment across municipalities and utilities. Strategy, Profitability Targets, and Capital Allocation Strategically, Daldrup aims to translate these factors. Daldrup’s strategy is to leverage favorable market conditions by maintaining a streamlined corporate structure and investing in drilling capacity and personnel. The company targets a sustainable EBIT margin above 10% plus X and aims for outsized growth as geothermal energy and specialized drilling services expand. profitability, a strong equity ratio, and solid cash generation. The company’s share price performance since early 2025 has significantly outperformed major indices, reflecting growing investor confidence. Shareholders also participated directly in this success, with a dividend payout ratio of 45%—the first in a decade—underscoring Daldrup’s commitment to capital market credibility and disciplined capital allocation. ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Carl Zeiss Meditec AG FY 2024/25: Key Takeaways Carl Zeiss Meditec FY 2024/25 Financial Results Strategic Realignment Drives Resilient Growth and Sets the Stage for Margin Expansion In its FY 2024/25 financial results presentation, Carl Zeiss Meditec Group demonstrates that it remains firmly positioned in structurally attractive global healthcare technology markets, while simultaneously acknowledging the need for sharper execution and strategic focus to unlock its full earnings potential. The year was marked by solid revenue growth, robust order intake, and the first tangible effects of a broader strategic realignment aimed at restoring profitability momentum over the medium term. Solid Top-Line Growth and Strong Order Momentum Carl Zeiss Meditec delivered reported revenue of approximately €2.23 billion in FY 2024/25, reflecting solid growth compared with the prior year. On a foreign-exchange adjusted basis, revenue growth was clearly positive, supported by a combination of organic demand and the full-year consolidation of DORC in Ophthalmology. Order intake developed particularly strongly, increasing at a double-digit rate year-on-year on a constant-currency basis, resulting in a healthy order backlog that underpins revenue visibility into the new fiscal year. Growth was broad-based across regions. EMEA and the Americas showed especially strong momentum, while Asia-Pacific continued to contribute meaningfully despite a more challenging environment in China. Importantly for investors, order entry growth outpaced revenue growth, signalling ongoing demand strength across key product categories and geographies. Earnings: Stable EBITA Amid Headwinds, Adjusted Margin Improvement On the profitability side, EBITA increased slightly year-on-year, landing broadly in line with management guidance. Reported EBITA margin declined modestly compared with the prior year, reflecting a combination of adverse foreign exchange effects, US tariff-related headwinds, and a prior-year one-off gain related to the Topcon settlement. On an adjusted basis, however, EBITA margin improved, underlining the underlying progress in operating efficiency. A key positive driver was the reduction in underlying operating expenses excluding DORC effects, particularly through lower R&D spending and reduced integration costs. This demonstrates early discipline in capital allocation and cost management, even as the company continues to invest selectively in future growth areas. Segment Performance: Ophthalmology Strengths Offsets Microsurgery Transition Ophthalmology remained the group’s core earnings pillar. Consumables, premium intraocular lenses, and the full-year contribution from DORC drove revenue growth in this segment. Margin expansion in Ophthalmology was supported by operating leverage and improved cost discipline, reinforcing the segment’s role as the primary value driver within the portfolio. Microsurgery, while showing a recovery in revenue momentum toward year-end, continued to face margin pressure due to product mix effects, delayed ramp-up of new systems, and ongoing investments in commercialization and market development. Management clearly positioned this as a transitional phase, with expectations of improved profitability as new products scale and operational measures take effect. .... ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Amadeus Fire AG Deep Dive: Q&A Building AI-Literate Organisations: A Strategic Framework In this deep dive, Amadeus Fire Group’s Chief Operating Officer, Monika Wiederhold, outlines a comprehensive framework for building AI-literate organisations, addressing one of the most pressing structural challenges in today’s corporate landscape. However, organizations may face barriers such as resource constraints, resistance to change, or skill gaps that could hinder implementation. Recognizing these challenges upfront enables leaders to develop targeted strategies for overcoming them. Wiederhold emphasizes that AI is no longer a specialised skill for data scientists but a shared responsibility across all levels, from supervisory boards to trainees. Recognizing this can foster a sense of collective purpose and motivate every employee to engage in AI learning quickly and continuously. The Three-Layer Learning Model Wiederhold introduces a structured, three-layer learning model that companies must adopt to remain competitive: 1. Horizontal Learning (AI fundamentals for everyone) The foundational layer focuses on universal AI knowledge, including responsible AI use, prompting, AI basics, legal obligations, and workplace tools such as Microsoft Copilot. These skills must be mandatory and company-wide to create a shared understanding of AI’s applications and risks. Horizontal learning provides the organisational baseline that enables fast adoption and prevents knowledge silos. 2. Vertical Learning (AI skills tailored to each function) Different functions require specialised AI training to enhance productivity and decision-making in their respective domains. Examples include: – Accounting: AI-supported financial workflows, automated reconciliation, and specialised certifications created within the Amadeus Fire Group. – Marketing: Creative AI tools, generative content systems, text-to-image/video technologies, and performance optimisation. – HR: Recruiting agents, interview support tools, talent analytics, and skills-matching agents. This vertical layer ensures that AI is embedded in day-to-day business processes. 3. Continuous Micro-Learning (staying up-to-date with rapid AI evolution) Given the pace of AI innovation, traditional annual or quarterly learning formats are insufficient. Wiederhold emphasises the need for high-frequency learning routines—daily or weekly micro-learning modules that update employees on new tools, techniques, regulations, and best practices. Monthly learning cycles are already too slow for AI’s development curve. Operationalising the AI Learning Architecture Once these three content layers are defined, organisations must address the critical question of how to operationalise them. Wiederhold highlights several structural enablers that determine whether AI learning can scale: A Dedicated Digital Learning Platform Companies need an integrated platform capable of: – distributing learning content at scale, – personalising training paths, – adapting to different skill levels, – surfacing relevant micro-learning content, – enabling horizontal, vertical, and continuous learning simultaneously. This platform becomes the organisational backbone for developing AI capabilities. ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Matador AG Elevator Pitch: Key Takeaways Overview of Matador Secondary Private Equity AG Matador Secondary Private Equity AG is a Swiss-listed investment company focused exclusively on the secondary private equity market, offering shareholders access to an asset class that has reliably delivered stable, double-digit returns for more than two decades. Founded in 2005 in Sarnen, Switzerland, the company invests in mature private equity fund stakes acquired at discounts to NAV, typically in the fund’s years 4–6. This approach reduces blind-pool risk, accelerates cash distributions, and provides consistent visibility on portfolio quality. Investment Strategy and Market Positioning Matador’s strategy is built on acquiring fund positions from high-quality private equity managers, often from sellers such as pension funds, family offices, or institutional investors who need liquidity or must rebalance portfolios. Because more than 50% of committed capital in these funds is typically already invested, Matador benefits from immediate exposure to existing portfolios, early distributions, and lower risk than primary private equity commitments. Portfolio Diversification Across Regions and Strategies The company’s portfolio is broadly diversified across regions, vintages, sectors, and investment styles, with exposure to more than 1,000 underlying companies. The core allocation focuses on U.S. mid- and small-cap buyouts, where operational improvements, buy-and-build strategies, and more resilient M&A activity drive steady value creation. The portfolio is complemented by selective exposure to large buyout, growth equity, and technology-oriented funds to ensure balanced long-term performance. Compounding Effect Through Continuous Reinvestment A key differentiator of Matador’s model is the continuous reinvestment of cash flows from underlying fund distributions, enabling ongoing portfolio expansion without additional capital outflows. Over time, this creates a powerful compounding effect. The company structure also eliminates redemption pressure or forced exits, allowing the investment horizon to remain fully long-term. Long-Term Track Record and Shareholder Alignment Matador’s track record reflects this disciplined approach: since inception in 2005, the company has generated more than 12% annual performance in CHF, supported by the stability and structural advantages of secondary private equity. Management, as the largest shareholder, is deeply aligned with investors, fostering trust and shared commitment. Costs remain lean and performance-driven, reinforcing the company’s scalability and reliability. Investor Takeaway For shareholders, Matador offers transparent and liquid access to an institutional-grade private equity strategy with a proven return profile, broad diversification, limited cyclicality, and attractive long-term compounding. This approach aims to make private equity more understandable and accessible, fostering confidence in the investment process. ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Mutares SE Deep Dive: Key Takeaways Overview of Mutares SE Mutares SE is one of Europe’s most recognised specialists for turnarounds, special situations, and complex corporate carveouts, operating in an environment where operational execution, speed, and disciplined risk management determine long-term value creation. In this deep dive, CIO Johannes Laumann provides a direct, transparent look at the strategic mechanics behind Mutares’ model — addressing the questions institutional investors ask most frequently. Investors are particularly interested in how Mutares approaches restructuring, manages cyclical risks, generates distributable income, and sustains its rapid growth. Throughout the conversation, Laumann highlights one recurring theme: Mutares succeeds because it is an operational machine, built around hands-on transformation rather than financial engineering. 1. Restructuring Approach: Turning Distress into Value Laumann begins by outlining Mutares’ core operating principle: identify risks, quantify them, and actively eliminate them through a structured transformation plan. The heart of Mutares’ value creation is its 160-person operations team. These experts are embedded inside portfolio companies on the ground. They execute restructuring, stabilise operations, redesign processes, reduce costs, fix supply chains, professionalise management, and ultimately return the company to sustainable profitability. Unlike many private equity firms, Mutares does not rely on financial structuring as a driver of turnaround. Its edge lies in industrial know-how and day-to-day involvement — “hands dirty” ownership. The main risks? * The depth of operational damage at acquired companies * The pace required to stop financial leakage * Market environments that may slow demand recovery * Management resistance or cultural inertia But Mutares mitigates this through granular risk plans, rapid execution, and team-based pressure. Structurally, Mutares buys at low valuations. This creates a strong asymmetry between risk and upside. 2. How Cycles Affect Mutares — and Why They Create Opportunity Investors often worry about cyclicality. Laumann explains that Mutares’ portfolio is intentionally diversified across economic cycles: • Automotive → early cycle * Engineering & Technology → late cycle * Infrastructure & Defense → late cycle, stable demand * Goods & Services → non-cyclical This allows weakness in one segment to be offset by strength in others. But the more important dynamic is this: economic uncertainty is good for Mutares. • During downturns → more distressed sellers → better buying opportunities * During boom phases → higher demand for assets → better exit valuations Therefore, Mutares benefits in both phases of the cycle. This is unusual for a private equity model. 3. Dividend Strategy and Shareholder Returns Mutares follows a simple, transparent payout philosophy: Base dividend: €2 per share Performance dividend: paid when exits and results exceed expectations This aligns shareholder rewards directly with operational and exit success. Laumann reiterates that Mutares distributes its earnings. It only distributes what it earns, ensuring a clean and sustainable capital return policy. 4. How Mutares Generates Income and Cash Flow Mutares’ financial architecture is unique and easy to understand. It has three income streams, directly tied to its business model: 1. Consulting income Fees charged to portfolio companies for on-site operational work. 2. Dividends from portfolio companies Once stabilised, companies’ upstream liquidity back to the holding. 3. Exit proceeds The largest value driver is exit proceeds. Mutares buys cheap and sells into strong markets. T&C  This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

LEG Immobilien SE Elevator Pitch: Key Takeaways Overview of LEG Immobilien SE LEG Immobilien SE is one of Germany’s largest and most focused residential real estate companies, dedicated entirely to affordable housing and long-term, cash-driven value creation. In this elevator pitch, Head of Investor Relations & Strategy Frank Kopfinger provides institutional investors with a clear, structured, and transparent overview of LEG’s business model, portfolio characteristics, financial positioning, and the strategic levers that will drive earnings growth in the years ahead. Portfolio Scale and Regional Focus With 172,000 apartments housing roughly 500,000 tenants, LEG is the second-largest listed residential landlord in Germany—yet uniquely concentrated on one region and one asset class. Around 80% of the portfolio is located in North Rhine-Westphalia (NRW), Germany’s most populous state and an economic powerhouse responsible for 22% of national GDP. This regional focus gives LEG deep operating expertise, stable structural demand, and a consistent ability to deliver affordable housing at scale. Affordable Housing and Social Responsibility LEG’s portfolio is positioned at the core of the German social housing ecosystem. Average rents amount to just €7 per sqm—or around €450 per apartment per month—well below national averages, ensuring consistently high occupancy and strong tenant retention. Approximately 17% of units are rent-restricted, providing predictable cash flows supported by state subsidies for low-income households. This is complemented by a disciplined asset valuation of roughly €1,700 per sqm, far below replacement cost levels of €4,000–5,000 per sqm, resulting in a substantial valuation buffer and a highly attractive 4.9% portfolio yield. Valuation, NTA, and Market Discount Based on these valuations, LEG’s NTA (NAV) per share stands at around €131, while the share price trades at a deep discount. This highlights market concerns about interest rates, as well as the potential upside as fundamentals normalise. Frank Kopfinger will explain how LEG managed the interest-rate shock remarkably well: by placing strict focus on cash, liquidity and AFO (Adjusted Funds from Operations), the company’s key free-cash-flow metric since 2023. Cash Preservation Measures Over the past two years, LEG executed a series of disciplined measures to safeguard cash generation:   • ~6,000 non-core units sold for over €550 million   * Scrip dividends offered in 2023 and 2024   * Wind-down of the development pipeline, with the last new units completed in 2025 Combined, these initiatives generated around €1 billion in cash, strengthening the balance sheet and allowing LEG to return earnings to pre-crisis levels as early as 2025—even amid high interest rates. Future Earnings Momentum Looking ahead, LEG expects earnings momentum to continue. Based on the 2025 guidance, AFO per share is set to increase by around 10%, followed by an additional ~5% in 2026. Multiple structural drivers support this outlook:   • Severe housing shortage due to collapsing construction volumes   * Ongoing market rent growth supported by strong demand   * Cost-rent adjustments for subsidised units beginning in 2026   * 16,000 regulated units coming off restriction in 2028, enabling rent increases toward market levels ▶️ Other videos:  Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/  Company Presentation: https://seat11a.com/investor-relations-company-presentation/  Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/  Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/  ESG Presentation: https://seat11a.com/investor-relations-esg/  T&C  This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Kontron AG 9M 2025: Key Takeaways Overview of Kontron AG Performance Kontron AG, one of Europe’s leading technology and IoT solution providers, delivered another strong reporting period under the leadership of CFO Clemens Billek, who presents the company’s latest financial results and strategic progress. The update highlights Kontron’s continued transformation into a pure-play Internet of Things (IoT) and software-driven technology group, underscoring the company’s ability to scale profitably while sharpening its portfolio for long-term growth. Strong Momentum Driven by IoT, Software & High-Margin Solutions As Kontron continues to reap the benefits of its strategic repositioning as an IoT-first company, it underscores the company’s adaptability and future potential. CFO Clemens Billek emphasizes that the structural shift away from legacy IT services and toward embedded computing, software, and high-value IoT solutions has meaningfully lifted margins and earnings quality. Growth was driven by: strong demand across industrial automation and smart infrastructure, continued international orders in transportation, avionics and communication systems, and rising revenue contributions from proprietary IoT software platforms. The improved mix of recurring revenues, embedded systems, and specialized IoT hardware has significantly bolstered Kontron’s financial strength and growth potential. Geographic Diversification Strengthens the Revenue Base Kontron’s performance was broad-based across Europe, North America and Asia. Key highlights include: Europe delivering stable, high-quality industrial IoT demand, North America showing sequential improvement in aviation and defense technology, Asia benefitting from strategic partnerships and demand for smart-city and smart-factory systems. This diversified footprint allows Kontron to balance regional cycles while capitalizing on multi-year digitalization trends. Portfolio Focus & High-Impact M&A Clemens Billek reiterates that Kontron’s portfolio optimization remains a core pillar of its equity story, reaffirming the company’s commitment to enhancing its equity story. Recent divestments of non-core segments — together with targeted bolt-on acquisitions in IoT, connectivity, and software — have sharpened the group’s profile and delivered meaningful improvements in both profitability and capital efficiency. The company continues to evaluate M&A opportunities in: intelligent connectivity, industrial edge computing, transportation automation, and cybersecurity for IoT environments. These acquisitions are designed to reinforce Kontron’s technology leadership and expand its recurring revenue base. Balance Sheet Strength Enables Further Growth Kontron maintains a solid financial position, characterized by: strong equity ratios, disciplined working-capital management, and robust cash generation. The improved financial flexibility allows the company to finance future acquisitions, invest in R&D, and return capital to shareholders through an attractive dividend policy.... ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

LEG Immobilien SE FY 2024: Key Takeaways LEG Immobilien SE 9M 2025 Financial Overview LEG Immobilien SE — one of Germany’s largest pure-play residential real estate companies with more than 172,000 units and a strong footprint in North Rhine-Westphalia (NRW) — has shown remarkable resilience and strategic discipline in the first nine months of 2025. Despite the challenges posed by elevated interest rates, persistent supply shortages, rising construction costs, and structurally tight housing markets, the company has delivered a solid performance, demonstrating cash discipline and predictable earnings quality. In this video, Head of Investor Relations Frank Kopfinger walks investors through the operational and financial highlights that have shaped the first three quarters of 2025 and outlines how LEG is positioning itself for sustainable, long-term AFFO growth. Strong AFFO Growth and Predictable Cash Flows At the core of LEG’s 2025 performance is strong growth in Adjusted Funds From Operations (AFFO) — the company’s key steering metric. The 9M period saw LEG report an AFFO increase of approximately 10%, a significant achievement given current market conditions. This growth was underpinned by stable occupancy, continued rent growth in regulated and free-financed units, and tight cost management. With regulated units representing 17% of the portfolio, LEG benefits from predictable cash flows and embedded rent-adjustment mechanisms, including the cost rent adjustment scheduled to support earnings from 2026 onwards. High-Quality Portfolio and Valuation Buffer Portfolio quality remains high, with a valuation of €1,656 per sqm, significantly below replacement cost levels in German metropolitan regions. This deep valuation buffer not only supports capital preservation but also positions LEG attractively for future revaluations once interest-rate cycles ease. Importantly, the company continues to narrow the spread between contractual in-place rents and market rents, enabling multi-year organic rental growth within regulatory boundaries. Capital Discipline and Balance Sheet Strength Balance-sheet strength remains a strategic priority for LEG. Over the last 24 months, the company has executed a series of proactive capital-preservation measures, including asset disposals of non-core units, a scrip dividend, tight cost control, and a reduction of new development activities. These actions have collectively generated roughly €1 billion in cash and materially improved liquidity and leverage levels. LEG’s commitment to 100% AFFO-based dividends, supplemented by proceeds from disposals, ensures a transparent and sustainable framework for shareholder returns, instilling confidence in our investors. Favorable Market Fundamentals The underlying housing fundamentals in Germany continue to strengthen LEG’s long-term outlook: structurally low construction rates, a persistent supply-demand gap, demographic tailwinds, rising household numbers, and an undersupplied affordable housing segment. LEG’s exclusive focus on affordable living, combined with deep regional expertise and efficient operations, ensures a resilient demand profile across cycles. ▶️ Other videos:  Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/  Company Presentation: https://seat11a.com/investor-relations-company-presentation/  Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/  Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/  ESG Presentation: https://seat11a.com/investor-relations-esg/  T&C  This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

JOST Werke SE 9M 2025: Key Takeaways Overview of JOST Werke SE Performance JOST Werke SE, one of the world’s leading suppliers of safety-critical components and systems for commercial vehicles, delivered a resilient performance in the first nine months of 2025. In this in-depth presentation, Romy Acosta, Head of Investor Relations, outlines the company’s financial developments, market dynamics, regional trends and strategic outlook as JOST continues to strengthen its global competitive position. Solid Performance Despite a Mixed Market Environment The first nine months of 2025 were marked by significant volatility in the global commercial vehicle industry. Despite this, JOST demonstrated resilience, with OEM production levels returning to normal after two years of post-pandemic surge, and certain markets softening due to macro conditions, destocking cycles, and shifting order patterns. Against this backdrop, JOST delivered a stable revenue base and maintained strong profitability in its core business lines — particularly in Trailer Solutions and Components for the agricultural sector. Romy Acosta explains that JOST’s diversified portfolio once again acted as a stabilizer. The company’s broad regional footprint, balanced mix of OEM and aftermarket business and deep global customer relationships helped offset temporary demand weakness in selected geographies. Regional Trends Highlight JOST’s Balanced Exposure Performance varied significantly across regions, reflecting different economic and industry cycles: Europe remained the company’s strongest platform, supported by solid trailer demand, resilient aftermarket activity and continued adoption of JOST’s safety technologies. North America experienced a softer market environment, particularly on the truck-OEM side, where destocking and lower Class 8 build rates weighed on volumes. Asia and emerging markets provided selective growth impulses, particularly in India and Southeast Asia, where infrastructure spending and demand for agricultural machinery supported order patterns. Agricultural Solutions remained a relative outperformer, benefiting from structurally high demand for modern farming equipment and increasingly sophisticated coupling and hydraulic systems. This strategic balance across regions and segments is a key advantage for JOST Werke SE. It not only cushions against cyclical fluctuations but also paves the way for long-term growth, instilling confidence in our investors and stakeholders. Operational Discipline Supports Profitability Throughout the period, JOST’s operational discipline was a consistent theme, ensuring strong financial management and cost control. JOST maintained strong cost control, optimised working capital, and continued to realise efficiency gains from prior footprint adjustments and automation investments. In addition, the company benefitted from a healthier product mix with a larger share of value-added systems and electronically controlled components — areas where JOST enjoys strong pricing, margin resilience and technological leadership. The combination of disciplined execution and portfolio quality supported robust EBIT margins despite softer top-line momentum in individual markets. ] ▶️ Other videos:  Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/  Company Presentation: https://seat11a.com/investor-relations-company-presentation/  Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/  Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/  ESG Presentation: https://seat11a.com/investor-relations-esg/  T&C  This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Mutares SE 9M 2025: Key Takeaways Strong Performance Overview for 9M 2025 Mutares SE, the listed turnaround investor headquartered in Munich, delivered strong, strategically meaningful performance in the first nine months of 2025. In this comprehensive update, CIO Johannes Laumann provides investors with a transparent view of operational progress, portfolio dynamics, exit activity, and the outlook for year-end results. Strong Net Income Growth Driven by Transformation & Exits Strong Net Income Growth Driven by Transformation & Exits The holding company has demonstrated a substantial increase in net income during the reporting period, reflecting Mutares’ robust business model. This model involves acquiring underperforming companies, stabilizing operations, implementing deep restructuring programs, and ultimately exiting them at significant value creation. Laumann highlights that both supported the surge in profitability: solid operational improvements within major platform investments, and higher exit activity and bargain-purchase effects from newly consolidated entities. These drivers underscore the scalability of the Mutares playbook and the maturity of the existing portfolio. Portfolio Expansion Across Four Segments Portfolio Expansion Across Four Segments During the first nine months of 2025, Mutares continued to diversify its portfolio across its four strategic segments, each with its unique investment opportunities: Automotive & Mobility – characterized by large industrial carve-outs, metal and plastics processing, and platform strategies aimed at operational consolidation. Engineering & Technology – benefiting from secular investment trends in energy infrastructure, power systems, and industrial equipment, driven by global re-industrialization and public-sector modernization. Infrastructure & Special Industries – supported by strong demand in logistics, road infrastructure, and defense-related applications, all of which remain high-priority investment categories in Europe. Goods & Services – stable, recurring cash-flow businesses such as industrial services, technical maintenance, and specialized workforce solutions. Across all segments, the company emphasises operational improvements through its 160-person in-house consulting and task force team — a key differentiator in the European turnaround landscape. Exit Pipeline Positioned for a Strong Q4 Exit Pipeline Positioned for a Strong Q4 A central theme of Laumann’s 9M update is the robust exit pipeline, which is expected to contribute materially in the fourth quarter. Mutares traditionally delivers a disproportionate share of holding-company earnings near year-end, as exits crystallize value. The current pipeline includes: mature platform assets ready for divestment, strategic buyers engaged in advanced stages of negotiation, and selected IPO preparations where public markets offer an attractive valuation path. Laumann reiterates that Mutares remains disciplined in its approach to exits. Exits are executed only when the internal value-creation targets are met, not when the calendar dictates. This approach ensures that every exit is strategically sound and contributes to the company’s long-term success. ▶️ Other videos:  Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/  Company Presentation: https://seat11a.com/investor-relations-company-presentation/  Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/  Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/  ESG Presentation: https://seat11a.com/investor-relations-esg/  T&C  This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Palfinger AG Deep Dive: Key Takeaways In this session, PALFINGER CEO and CFO leadership unveil the company’s bold next chapter — “Reach Higher – Strategy 2030+.” CFO Felix Strohbichler leads the discussion, explaining how PALFINGER is adapting to global change and positioning itself for long-term, sustainable growth. Why a New Strategy Now? Strohbichler makes clear that the world has changed significantly in recent years — from geopolitical instability to accelerating digitalisation, climate change, and supply chain disruptions. With these shifts in mind, PALFINGER’s new Strategy 2030+ is designed to reinforce its technology leadership, boost resilience, and drive profitable growth in an evolving environment. Financial Ambition & Targets Under Strategy 2030+, key financial targets have been raised for 2030: Revenue: Over €3 billion EBIT Margin: 12% ROCE (Return on Capital Employed): 15% These targets reflect PALFINGER’s confidence that its refined business model — combining hardware, software, services and global reach — will deliver a step-change in performance. Three Strategic Directions Strohbichler emphasises three core pillars guiding execution, each with a clear rationale: Lifting Customer Value PALFINGER’s relentless focus on delivering integrated solutions, innovation, and productivity gains for customers is a testament to the company’s commitment to their success. This approach not only enhances customer satisfaction but also deepens relationships and recurring revenue streams, making stakeholders feel valued and integral to the company’s success. Balanced Profitable Growth Leveraging PALFINGER’s broad product range and global service footprint to grow measurably and profitably. Execution Excellence This pillar focuses on driving cultural, process, and digital transformation. PALFINGER is focusing on leaner global supply chains, end-to-end planning, and adoption of AI & data analytics to ensure it remains at the forefront of innovation and efficiency. These strategic directions are underpinned by five must-win action fields and 13 strategic programs, each designed to ensure systematic execution and measurable progress. Let’s delve into these in more detail. Key Themes & Market Implications Customer Closeness PALFINGER is emphasising service networks, spare parts and high-end lifting solutions (e.g., aerial work platforms) to deepen customer relationships and recurring revenue streams. Digitalisation & Solutions Transitioning from a hardware-only mindset to offering smart, connected lifting solutions, combining sensors, IoT, autonomous operation and data services. Global Supply Chain & Efficiency With end-to-end logistics optimisation, inventory control, and a global manufacturing footprint, PALFINGER aims to boost resilience and delivery reliability in volatile markets. What This Means for Investors PALFINGER has set clear, ambitious, measurable targets that go well beyond incremental improvement — signalling a strong commitment to uplift performance. The strategy shifts the company into higher-value realms — service, digital platforms, customer experience, and integrated solutions — rather than pure machine manufacturing. ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Palfinger AG Elevator Pitch: Key Takeaways In this short and focused Elevator Pitch, Felix Strohbichler, CFO of Palfinger AG, provides investors with a clear overview of the company’s equity story, growth potential, and strategic direction. Palfinger AG: A Trusted Global Leader in Lifting Solutions Palfinger AG is a worldwide leader in innovative lifting and handling solutions for industries such as construction, transport, maritime, forestry, and infrastructure. With over €2.4 billion in revenue (FY 2024) and 12,000 employees, the group combines engineering excellence, product innovation, and a strong global service network. Its portfolio includes loader cranes, marine cranes, aerial platforms, hooklifts, and digital fleet systems, used by customers in more than 130 countries. Broad Diversification and Global Footprint As Felix Strohbichler explains, Palfinger’s strength lies in its broad industrial diversification and global presence. With 30 production sites, technology centres across Europe, Asia, and North America, and a comprehensive service network, Palfinger is positioned to serve customers quickly, reliably, and with proximity. This worldwide footprint makes Palfinger one of the most resilient and customer-centric players in the sector. Growth Drivers and Strategic Focus Three pillars drive Palfinger’s growth: Innovation Leadership Continuous investment in smart lifting, connected cranes, and automation technologies. Geographical Expansion Accelerated growth in North America, APAC, and Marine markets. Service Excellence A rapidly expanding aftermarket and digital service business, ensuring long-term revenue stability and customer retention. Felix Strohbichler emphasises that Palfinger’s future profitability is built not only on sales growth but also on digitalisation, standardisation, and footprint optimisation — initiatives that unlock significant cost savings and scalability. Financial Highlights: A Testament to Palfinger’s Stability Key Takeaway Felix Strohbichler concludes: “Palfinger stands for innovation, reliability, and global reach. With our broad product portfolio, strong service business, and global footprint, we are well equipped for sustainable and profitable growth.” ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Hypoport SE 9M 2025: Key Takeaways Hypoport SE 9M 2025 Financial Results – CEO Ronald Slabke Presents Strategic Update Strong Financial Performance Reflecting Platform Resilience In a still-challenging real estate and financing environment, Hypoport SE delivered profitable growth and structural margin expansion, underscoring the resilience and scalability of its digital platform ecosystem. For the first nine months of 2025, the company achieved: - Revenue of approximately €459 million, up 12 % year-on-year - Gross profit of around €197 million, a 16 % increase - EBIT nearly doubled compared to 9M 2024 - Strong cash position with continued cost discipline This performance reflects Hypoport’s long-term value strategy, which continues to outperform short-term market fluctuations. Business Segments Overview Real Estate Platform (Europace AG) The Europace mortgage platform — Germany’s largest B2B real estate financing marketplace — delivered strong double-digit growth in transaction volume. The number of active financial institutions and partners increased, reinforcing the platform’s central role in the housing finance ecosystem. - Mortgage volume growth exceeded overall market trends - Greater digital automation and data usage improved efficiency - Market share gains among cooperative and private banks lifted profitability Housing and Mortgage Distribution The Dr Klein network for private clients experienced stable refinancing demand and early signs of consumer sentiment recovery. While the pace of new loan growth remained moderate, corporate and institutional financing remained resilient, particularly in commercial property funding. Insurance and Other Platforms The Insurance Platform and SME Financing units advanced steadily, increasing integration with Hypoport’s overall ecosystem. These divisions support recurring income and enhance customer lifetime value across the network. Strategic Outlook: Platform Scalability and Market Normalization CEO Ronald Slabke highlighted the platform model’s readiness for scalable growth as market conditions normalize. Hypoport’s ecosystem of integrated services — spanning financing, insurance, and data — is positioned to benefit from fixed-cost leverage as transaction volumes rise again. Key strategic priorities include: - Expanding participation across banks, savings banks, and independent advisors - Increasing digital integration across all platform components - Investing in AI-driven underwriting and data analytics - Scaling recurring revenues through SaaS and value-added data services Structural Tailwinds Support Hypoport’s Long-Term Equity Story Germany continues to face significant housing undersupply, while demographic and urbanization trends reinforce mortgage demand. Simultaneously, digital transformation across financial services boosts demand for Hypoport’s integrated technology solutions. This combination supports the company’s long-term growth trajectory and operational leverage. CEO Ronald Slabke Concludes “Our 9M results show that Hypoport’s platforms are delivering scalable growth, even in a challenging environment. We will continue to invest in innovation, deepen our ecosystem, and drive sustainable value for customers and shareholders alike.” ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Palfinger AG 9M 2025: Key Takeaways In this update, Felix Strohbichler, CFO of Palfinger AG, presents the financial results for the first nine months of 2025 and outlines the key strategic initiatives driving the company’s future growth under its new Reach Higher 2030 plus strategy. Global Leader in Lifting Solutions Palfinger AG remains a worldwide leader in innovative lifting solutions for construction, marine, logistics, and infrastructure industries. With 2024 revenue of around €2.4 billion, 12,000 employees, and 30 production sites, Palfinger is synonymous with engineering excellence, innovation, and customer reliability. The company’s broad industrial diversity and global presence not only ensure resilience even amid macroeconomic volatility but also provide a sense of stability and security to stakeholders. Key Financial Highlights for 9M 2025 - Revenue: €1.7 billion (-3.5% year on year) - EBIT: €131 million (-17.6%) - Equity: €885 million (41% equity ratio) - Net Debt: €577 million — significantly improved - Free Cash Flow: €54 million vs -€2 million last year Palfinger achieved a major balance-sheet strengthening in 2025 through the sale of treasury shares for €100 million and ongoing working-capital discipline. The company remains on track to deliver more than €100 million in free cash flow for the full year 2025. Regional Performance - EMEA: Strong order intake continued from Q4 2024; European infrastructure spending yet to fully materialize but momentum is positive. - North America: Tariff measures (Section 232) weighed on profitability but structural demand remains solid. - LATAM: Record sales driven by strong growth in Brazil. - APAC: India and Southeast Asia continued to expand. - Marine: Sustained profitability and healthy backlog. - Russia: Sharp economic slowdown reducing sales and earnings contribution. Strategic Update — Reach Higher 2030 plus In 2025, Palfinger introduced its long-term strategy Reach Higher 2030 plus, focusing on three core pillars: Lifting Customer Value Enhancing customer experience through digital services and data solutions. Balanced Profitable Growth Expanding geographically and across business segments while preserving margins. Execution Excellence Driving process efficiency through digitization, automation, and supply-chain optimization. The strategy defines 18 programs to strengthen future profitability and positions the group for a new phase of scalable growth. Five “Must-Win” Action Fields - Customer-centric technology leadership - Expansion of services and spare parts business - Growth in aerial work platforms as a core pillar - Supply-chain optimization - Process, system and data efficiency - Financial Targets and Outlook Under Reach Higher 2030 plus, Palfinger aims for by 2030: - Revenue: > €3 billion (organic) - EBIT margin: ~ 12% - ROCE: ~ 15% - Free Cash Flow: > €150 million annually Near-term (2027) targets remain unchanged: €2.7 billion revenue, 10% EBIT margin, and > €100 million free cash flow. ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

ZEAL Network SE 9M 2025: Key Takeaways ZEAL Network SE 9M 2025 Update: Profitable Growth and Upgraded Guidance Presented by Andrea Behrendt, CFO of ZEAL Network SE In this update, Andrea Behrendt, CFO of ZEAL Network SE, presents the highlights of the first nine months of 2025, reflecting another strong period of profitable growth and the confirmation of ZEAL’s upgraded full-year guidance. Continued Profitable Growth ZEAL Network — Germany’s leading online lottery platform — once again demonstrated its resilient business model and scalable profitability in 2025. The group’s key financial metrics show steady improvement across all areas: - Billings: Increased further year-on-year, driven by sustained player activity and product expansion. - Revenue: Rose in line with higher customer demand and strong cross-selling into instant games. - EBITDA: Significantly above last year’s level, confirming continued operational leverage. - Cash Generation: Robust, reflecting ZEAL’s high-margin digital model. This performance underlines ZEAL’s remarkable resilience and ability to achieve profitable growth even in a fiercely competitive online entertainment landscape. Customer and Product Momentum ZEAL continues to strengthen its position in the German online lottery market through continuous innovation, data-driven marketing, and customer retention initiatives. - Customer numbers grew steadily, with an increasing share of mobile app users. - Average billings per active user remained healthy, highlighting high engagement and trust. - Instant Games continued to expand as a second growth pillar, attracting new audiences beyond traditional lottery players. Upgraded Full-Year Guidance On the back of strong 9M results, ZEAL raised its full-year guidance for 2025, now expecting: - Higher revenue and EBITDA ranges than previous forecasts. - Sustained positive cash flow and further margin improvement. - Continued disciplined cost management alongside marketing efficiency gains. This upgrade confirms ZEAL’s long-term growth trajectory and reflects both the scalability of its digital platform and the effectiveness of its strategic initiatives. Strategic Focus: Innovation and Sustainability ZEAL continues to focus on product innovation, responsible gaming, and sustainable growth: - Expansion of social and charity lotteries that support community causes. - Strong adherence to regulatory compliance and player protection standards. - Increased investment in AI-based customer analytics and personalization tools. CFO Andrea Behrendt Concludes “ZEAL continues to deliver on its promise of profitable, sustainable growth. Our upgraded outlook reflects strong customer trust, operational efficiency, and strategic clarity.” ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.