Aramis Group Sa · EURONEXT:ARAMI
Aramis Group Sa — H1 2026 Earnings Presentation
33 slides from Aramis Group Sa's earnings presentation, May 20, 2026
Slide 1: H1 2026 Results
Go ARAMIS GROUP H1 2026 RESULTS MAY 20, 2026
Slide 2: Executive summary
Executive summary H1 performance in line with expectations — FY26 objectives adjusted, medium-term targets confirmed Deployment of the Key performance indicators strategy(1) Outlook - FY 2026 adjusted Middle East conflict accelerating EV demand 56,444 B2C units and €1,134M in revenues, at Convergenc
Slide 3: Market & business highlights
Market business highlights 01 3 01 Market & business highlights 3
Slide 4: Market-share gains in France and Italy, transitions in the UK and Austria
Market & business highlights Market-share gains in France and Italy, transitions in the UK and Austria Below 8 years used passenger car registrations Aramis Group market share for < 8 years old used cars (Aramis Group 6 geographies, in millions of units) (in %) On its domestic market (6 countries) O
Slide 5: New cars | French EV penetration surged to 28%, limited pre-registered sourcing
Market & business highlights New cars | French EV penetration surged to 28%, limited Aramis' pre-registered sourcing as eco-bonus(1) ineligibility eliminates the price advantage on EVs Aramis Group new car market | Pre-registered cars France new car market penetration by energy type ILLUSTRATIVE % 1
Slide 6: A unique value proposition driving record customer satisfaction
Market & business highlights A unique value proposition driving record customer satisfaction 1 Vertical integration 2 Aramis Operating System 3 Aramis Performance Engine through the value chain From sourcing to delivering Fine-tuned over the years, enriched People, Teams and Enterprise cars to the c
Slide 7: Two strategic pillars to drive us towards our goals
Market & business highlights Two strategic pillars to drive us towards our goals First Converge 1 pillar Leverage our European platform at scale Second Raise the bar 2 pillar Improve our model across all 25 MARS 2022 dimension H1 2026 RESULTS | MAY 20, 2026 7
Slide 8: Clustering our markets to accelerate European convergence
Convergence Clustering our markets to accelerate European convergence Romain Boscher Alejandro Garcia-Mella In the Group since 2016 In the Group since 2010 + + Capitalizing on the Group's most experienced leaders to drive transformation 2 5 M AAccelerating R S 2 0 2 2 the deployment of the Group's p
Slide 9: Case study: Scaling C2B sourcing across the Group
Convergence Case study : Scaling C2B sourcing across the Group through shared expertise, teamwork and technology Clicars – C2B penetration Polaris C2B Module C2B2C deliveries as % of total refurbished volumes +113% Proprietary technology to drive structural competitive edge 25 MARS 2022 Cross-border
Slide 10: Successful rollout of our new unified brand identity across Europe
Raise the bar Successful rollout of our new unified brand identity across Europe, Austria remains the final step 5/6 markets rebranded 25 MARS 2022 Strengthening value proposition and marketing efficiency Improved and new unified brand platform Synergies in marketing costs through and visual identit
Slide 11: Introducing Aramis FlexiFi: Extending PCP-like financing
Raise the bar Introducing Aramis FlexiFi: Extending PCP-like financing to most of our vehicle portfolio BALLOON CREDIT Available in Pay for Usage Duration 36–60 Seamless Vehicle & ownership months Renewal cycle KEY BENEFITS Broader Customer Eligibility Enhanced Affordability Reaching buyers underser
Slide 12: Raising the bar on customer experience: pioneering AI integration
Raise the bar Raising the bar on customer experience: pioneering AI integration in the used- car journey X Navi: AI-Powered Car Expert ChatGPT Agent Empowering customers through real-time assistance First French automotive player to launch a ChatGPT integrated application Personalized & seamless 1 I
Slide 13: Financial performance
Financial performance 02 9 02 Financial performance 13
Slide 14: As expected, revenue decreased by -7% in H1 2026
Financial performance As expected, revenue decreased by -7% in H1 2026 Revenue per segment (in millions of euros) -7% 1,213 1,134 • B2C refurbished -10% • B2B -5% ›Volumes -8% ›Prices / mix -2% 806 728 • B2C pre-registered +1% • Services +2% 272 274 ›Volumes -3% 2 5 M A R S 2 74 022 ›Prices / mix +4
Slide 15: France and Italy outperforming the market, transitions in UK and Austria
Financial performance France and Italy outperforming the market, while transition phases are under way in the UK and Austria Revenue per country (in millions of euros) -7% 1,213 1,134 • France +4% • Belgium -9% ›Volumes +1% ›Volumes -9% 520 539 • Spain -3% • United Kingdom -22% 165 151 ›Volumes -3%
Slide 16: UK focus – On track to profitable growth
Financial performance UK focus – On track to profitable growth CarSupermarket.com – Retail volumes B2C deliveries evolution (in units) CarSupermarket.com – EBITDA(1) -18% EBITDA (in €m) +74% H1 2025 H1 2026 CarSupermarket.com – GPU Gross profit per unit (in €) +18% 25 MARS 2022 H1 2025 H1 2026 H1 20
Slide 17: Austria focus – Strengthening fundamentals to drive profitability
Financial performance Austria focus – Strengthening fundamentals to drive profitability Onlinecars: Benefiting from group C2B purchasing know-how Onlinecars: GPU evolution C2B deliveries evolution (in units) Gross profit per unit (in €) +24% +47% Q1 2026 Q2 2026 Q1 2026 Q2 2026 C2B as a % of total s
Slide 18: Italy focus - Priority on reaching scale and profitability
Financial performance Italy focus - Priority on reaching scale and profitability in the short term brumbrum – Retail volumes brumbrum - GPU B2C deliveries evolution (in units) Gross profit per unit (in €) +51% +29% 25 MARS 2022 H1 FY 2025 H1 FY 2026 H1 FY 2025 H1 FY 2026 H1 2026 RESULTS | MAY 20, 20
Slide 19: Maintained discipline on GPU and SG&A
Financial performance Maintained discipline on GPU and SG&A GPU SG&A (in euro per B2C vehicle sold) (in m€) Marketing costs Downstream logistics costs Labor costs in SG&A Other costs 2 317 2 332 108 108 20 20 15 14 56 56 25 MARS 2022 17 18 H1 FY 2025 H1 FY 2026 H1 FY 2025 H1 FY 2026 H1 2026 RESULTS
Slide 20: GPU and SG&A well under control in the context of volume decrease
Financial performance GPU and SG&A well under control in the context of volume decrease Adjusted EBITDA bridge (in millions of euros) 32.8 10.3 23.3 0.8 0.0 25 MARS 2022 H1 FY 2025 Volumes GPU SG&A H1 FY 2026 H1 2026 RESULTS | MAY 20, 2026 20
Slide 21: Positive cash generation from disciplined control of inventory and working capital
Financial performance Positive cash generation resulting from disciplined control of inventory and working capital Operating Working Capital requirements(1) Change in net debt (2) (in days of revenue) (in millions of euros) Cash-flow generation: +€3m 37 -2 -6 27 23 24 -10 22 -6 -3 -34 -40 -1 -2 2 5
Slide 22: Outlook
Outlook 03 14 03 Outlook 22
Slide 23: Updated guidance
Outlook Updated guidance FY 2026 (updated on May 12th) Mid-term High single-digit Total B2C volumes At least 110,000 units organic CAGR growth Adjusted EBITDA Between €35 and €45 million c.5% of revenues 25 MARS 2022 H1 2026 RESULTS | MAY 20, 2026 23
Slide 24: Conclusion
Outlook Conclusion H1 performance in line with expectations, with 1 first positive signs from UK and Austria transitions A strong core business model: France significantly 2 outperforming, solid dynamics in Spain and Italy FY26 objectives revised reflecting the 3 impact of the Middle East conflict o
Slide 25: Q&A
Q&A ARAMIS GROUP 25
Slide 26: Appendices
Appendices 18 Appendices 26
Slide 27: Financial calendar
Appendices Financial calendar January 27, 2026 (after market) May 19, 2026 (after market) Q1 2026 revenues H1 2026 results July 23, 2026 (after market) November 25, 2026 (after market) 25 MARS 2022 Q3 2026 results FY 2026 results H1 2026 RESULTS | MAY 20, 2026 27
Slide 28: Our purpose and ambition
Appendices Our purpose and ambition PURPOSE Provide affordable, sustainable individual mobility to all Europeans AMBITION Be the preferred platform for buying 2 5 Mused A R S cars 2 0 2 in 2 Europe H1 2026 RESULTS | MAY 20, 2026 28
Slide 29: One North Star
Appendices One North Star 2 To delight customers NPS Delivering sustainable mobility Refurbishing used cars and 6 1 3 To grow Refurbished car growth embracing electric Engaged vehicles teams e-NPS Profitably 5 4 With fast-paced operations 2 5 MAdjusted A R S 2 0EBITDA 22 Operating Working Capital H1
Slide 30: Governance bodies that combine operational excellence with sustainable development
Appendices Governance bodies that combine operational excellence with a sustainable development approach Board of Directors composition Specialized committees Delphine Mousseau Board of Directors Sonia Barrière Independent director Independent director Head of Nominations and Head of CSR committee R
Slide 31: Shareholding structure with deep car market expertise and insights
Appendices Shareholding structure with deep car market expertise and insights As of March 31, 2026 O U T S TA N D I N G S H A R E S T H E O R E T I C A L V O T I N G R I G H T S (1) 12,7% 21,6% 19,9% 60,5% 17,9% 67,4% 82,856,671 148,847,427 outstanding theoretical shares voting rights(1) 25 MARS 202
Slide 32: Legal Disclaimer
Appendices Legal Disclaimer Certain information included in this presentation is not historical data but forward-looking statements. These forward-looking statements are based on current beliefs and assumptions, including, but not limited to, assumptions about current and future business strategies
Slide 33: Go ARAMIS GROUP
Go ARAMIS GROUP