Kreate Group Plc · OMXHEX:KREATE
Kreate — Investor Presentation (June 2026)
23 slides from Kreate's investor presentation, June 2026
Slide 1: Kreate – Stable and Profitable Infrastructure Company
KREATE – STABLE AND PROFITABLE INFRASTRUCTURE COMPANY KREATE GROUP PLC June 2026
Slide 2: Specialist in Demanding Infrastructure Construction
SPECIALIST IN DEMANDING INFRASTRUCTURE CONSTRUCTION FINLAND ~ 85% OF REVENUE SWEDEN ~ 15% OF REVENUE 2 Bridge construction and renovation Foundation and engineering construction Rock construction Concrete construction Rock construction Earth construction Road and street construction Railway construc
Slide 3: Agile and Selective Specialist
AGILE AND SELECTIVE SPECIALIST ▪ We execute over 300 projects annually ▪ We operate with a light balance sheet ▪ We are agile: short lead times from offer to execution with a flexible cost structure ▪ Profitable: We have endured the global crisis years of 2020– 2024 14 6% 12 5% 10 4% 8 3% 6 2% 4 2 1
Slide 4: Large Project Opportunities Well Aligned with Kreate
LARGE PROJECT OPPORTUNITIES WELL ALIGNED WITH KREATE STRONG GROWTH DRIVERS BEHIND THE DEVELOPMENT INDUSTRIAL INVESTMENTS TRANSPORT INVESTMENTS CLASSIFIED PROJECTS Data centre construction investments The public sector is investing in Confidential projects related to in Finland estimated at EUR 12 bi
Slide 5: We Will Grow into a New Size Category in 2026
WE WILL GROW INTO A NEW SIZE CATEGORY IN 2026 Revenue guidance 2026: 510–550 M€ ENABLERS OF THE GROWTH LEAP 550 500 ▪ A strong foothold in underground rock construction 450 through an acquisition 400 ▪ A significant position in large multi-year projects such as 350 the Tampere passenger rail yard an
Slide 6: Strong Position in Underground Rock Construction
STRONG POSITION IN UNDERGROUND ROCK CONSTRUCTION KREATE ACQUIRED SRV INFRA OY ON 31 DECEMBER 2025 ▪ The market outlook for the coming years is strengthened by security, preparedness and security-of-supply considerations related to the geopolitical situation ▪ Expansion into a new business area for K
Slide 7: Profitability Through Disciplined Project Selection
PROFITABILITY THROUGH DISCIPLINED PROJECT SELECTION RISK MITIGATION, PERSONNEL AND THE ABILITY TO SERVE EVEN THE MOST DEMANDING CLIENTS 22 The applicable market for 20 EBITA guidance 2026: Kreate in Finland and Sweden 18–22 M€ → ~ 10 billion euros 18 16 14 12 We are interested in 10 < 40% 8 6 We bid
Slide 8: Non-Residential Building Construction Has a Significant Impact on Kreate
NON-RESIDENTIAL BUILDING CONSTRUCTION HAS A SIGNIFICANT IMPACT ON KREATE 4.0 8.2 15.6 7.2 bn€ bn€ bn€ bn€ Residential construction Non-residential building Renovation construction infrastructure construction construction 2024: -33,0 % 2024: -11,1 % 2024: -3,0 % 2024: -1,0 % 2025: 5,2 % 2025: -9,9 %
Slide 9: Predictable Underlying Demand from the Public Sector
PREDICTABLE UNDERLYING DEMAND FROM THE PUBLIC SECTOR 9
Slide 10: Major Cities Are Increasing Their Investments
MAJOR CITIES ARE INCREASING THEIR INVESTMENTS Cities’ infrastructure investments 2026, MEUR 550 In addition, 220 MEUR for 500 metro and rail investments 450 400 350 300 250 200 Vantaa light rail 150 100 180M€ 50 0 Helsinki Turku Espoo Tampere Oulu Vantaa 10
Slide 11: The Data Centre Market Is Growing Strongly
THE DATA CENTRE MARKET IS GROWING STRONGLY EXPECTED GROWTH IN DATA CENTRE OPERATIONAL CAPACITY BASED ON KNOWN FINAL INVESTMENT DECISIONS Data Centre Capacity Is Growing Rapidly – and the Real Potential Is Much Greater Based on investment decisions already made, Finland’s data centre capacity is expe
Slide 12: Balanced Customer Mix
BALANCED CUSTOMER MIX THE PUBLIC SECTOR GENERATES OVER HALF OF KREATE’S REVENUE KREATE’S CUSTOMER GROUPS (SHARE OF 2025 REVENUE) 37 % 46 % 17 % Government Cities and municipalities Private sector
Slide 13: Kreate as an Investment
KREATE AS AN INVESTMENT. a £ th . ee ee KREATE ‘THE FUTURE IS BUILT TODAY
Slide 14: Order Backlog at a Record Level and Market Outlook Strengthening
ORDER BACKLOG AT A RECORD LEVEL AND MARKET OUTLOOK STRENGTHENING Order backlog Q1/24 – Q1/26, EUR million 339* 150* 141* * Expected to be realised during the financial year 2026 14
Slide 15: Core Projects Secured for Years Ahead
CORE PROJECTS SECURED FOR YEARS AHEAD STRONG ORDER BACKLOG DEVELOPMENT IN 2026 Image: Finnish Transport Infrastructure Agency Illustration: city of Vantaa TAMPERE PASSENGER RAIL YARD KURKELA–KUUSISTO VANTAA LIGHT RAIL, EASTERN JUNATIE METRO BRIDGE SECTION ~ EUR 200 million ~ EUR 80 million Approxima
Slide 16: Order Backlog Development in January–May
ORDER BACKLOG DEVELOPMENT IN JANUARY–MAY Announced additions Unannounced Q1 revenue 31 March 2026: in April–May: additions* 98 MEUR 689 MEUR 133 MEUR 136 MEUR • 79 M€: Eastern part of the Vantaa tram line (phase 2) • 28 M€: Viinikankatu and Announced underground access road contract additions in Q1:
Slide 17: KFS Finland Oy Reported as a Subsidiary as of April 2026
KFS FINLAND OY REPORTED AS A SUBSIDIARY AS OF 1 APRIL 2026 ▪ KFS Finland Oy is the market leader in specialist foundation construction in Finland, and it is owned equally by Kreate and Keller ▪ Kreate will have financial control of KFS Finland Oy going forward because of changes to the shareholders’
Slide 18: Good Return on Equity Despite Rapid Growth
GOOD RETURN ON EQUITY DESPITE RAPID GROWTH ▪ Light operating model and balance sheet NET WORKING CAPITAL 30 ▪ Net working capital is on a low level 25 20 17,0 ▪ Net working capital is managed through 15 systematic work at all project stages 10 MEUR 6,9 3,8 3,6 4,7 5,6 ▪ Growth has been made mainly o
Slide 19: Financial Goals for the Strategy Period 2024–2027
FINANCIAL GOALS FOR THE STRATEGY PERIOD 2024–2027 1. PROFITABILITY 2. GROWTH 3. INDEBTEDNESS EBITA margin Increasing revenue Net debt/EBITDA annually starting from 2024 >5% 5–10 % < 2.5 D IVID EN D PO L IC Y Kreate’s target is to distribute at least half of Kreate’s annual net result as dividends, t
Slide 20: Dividend Has Increased Five Years in a Row
DIVIDEND HAS INCREASED FIVE YEARS IN A ROW Dividend policy: Kreate’s target is to distribute at least half of Kreate’s annual net result as dividends, considering Kreate’s financial position, cash flows and growth opportunities EUROS DIVIDEND 2025 dividend of EUR 0.60 per share → 4.8% dividend yield
Slide 21: We Are Committed and Persistent – We Believe in What We Do
WE ARE COMMITTED AND PERSISTENT – WE BELIEVE IN WHAT WE DO
Slide 22: The Future Is Built Today
THE FUTURE IS BUILT TODAY
Slide 23: Kreate's Shareholders on 31 May 2026
KREATE’S SHAREHOLDERS ON 31 MAY 2026 SHAREHOLDERS BY SECTOR Shareholder Shares % of shares 1 Harjavalta Oy 1 783 689 19.85 2 Tirinom Oy 1 000 000 11.13 Public org. 3 Keskinäinen Eläkevakuutusyhtiö Ilmarinen 425 000 4.73 13,2 % 4 Valtonen Seppo Timo Johannes 361 526 4.02 International 5 Keskinäinen t