Slide 1: Solid progress in 2025
Solid progress in 2025 2025 Full-Year Results Zurich, March 9, 2026
Slide 2: Agenda
Agenda 1. Business Update Michael Reitermann, Delegate of the Board and CEO a.i. (Sep. 2025 – Feb. 2026) 2. Financial Review Kalina Scott, CFO and Head of Investor Relations 3. Looking Ahead David Hale, CEO (since Feb. 2026) 4. Proposals for Annual General Meeting Michael Reitermann, Delegate of the
Slide 3: Business Update
Business Update Michael Reitermann, Delegate of the Board of Directors and CEO ad interim
Slide 4: 2025 at a glance
2025 at a glance Key data 2025 vs. 2024 Improved operational Net revenue Incoming Orders performance in all CHF 292.1 million CHF 311.1 million segments and regions + 3.8% at CC + 3.2% at CC + 1.9% at AC + 1.2% at AC EBITDA: CHF 34.3 million Net profit Equity ratio: 40.0% + 60.7% vs. 2024 + 0.8%pts
Slide 5: Positive secular market trends continue
Positive secular market trends continue Demographic Change Care anywhere Aging population with increasing Care delivery anywhere and demand for care at any time Staff Shortages Healthcare Healthcare digitalization Leading to disruptions in Data capture, integration and megatrends care activities uti
Slide 6: Acute Care segment vision
Acute Care segment vision Ascom’s ambition to address market dynamics in Acute Care segment Major market dynamics • Aging population, caregiver shortage and consumerization drive need for mobile workforce, workflow efficiencies and virtual nursing environments Recovery • Clustering of hospitals to s
Slide 7: Long-Term Care segment vision
Long -Term Care segment vision Ascom’s ambition to address market dynamics in Long-Term Care segment Major market dynamics • Aging population increases demand for healthcare services • Caregiver shortage drives need for mobile workforce, workflow efficiencies Care Home and virtual nursing environmen
Slide 8: Enterprise segment vision
Enterprise segment vision Ascom’s ambition to address market dynamics in Enterprise segment Major market dynamics • Staff shortages and remote work increase safety, security concerns • Demand for efficiency, price sensitivity • Demand grows for cloud-based, integrated systems Manufacturing Maritime,
Slide 9: Building innovative solutions – Becoming enabling platform
Building innovative solutions – Becoming enabling platform Integrated solutions, driving outcomes for healthcare & enterprise customers Ascom Core Platform API Highly scalable and reliable platform (Patient) Increased availability through self-healing and rolling upgrades 3rd party (cloud) Optimized
Slide 10: Major operational improvements & risks
Major operational improvements & risks Improvements 2025 External impacts 2025 / 2026 Project margin up >5% ’24 ’25 • Geo-political situation (Trade war, tariffs) Ascom’s Billable utilization increased Operational • Memory chip shortage by >10% ’24 ’25 Performance • Continued financial pressure on h
Slide 11: Consistent market success and reliable solution delivery enables continuous innovation and growth
Consistent market success and reliable solution delivery enables continuous innovation and growth Net Revenue in CHFm by segment in % 5 | Innovation 1 | Customer Acquisition +2% CHF / Learn from customer relation- Continue to grow our customer base +4% CC ships and feed innovation pipeline by focusi
Slide 12: Selected customer projects in 2025
Selected customer projects in 2025 Shaping the future of healthcare & enterprise Acute Care Long-term Care Enterprise Region USA & Canada Region North Region South Ochsner Health, USA Nourish Care, United Kingdom Secure establishments, Zurich, Switzerland • Ascom Healthcare Platform with Telligence
Slide 13: Financial Review
Financial Review Kalina Scott, CFO
Slide 14: Substantial operational improvement achieved in 2025
Substantial operational improvement achieved in 2025 FY 2025 Key Figures vs. 2024 at actual rates, in CHFm Incoming Orders Order Backlog (1) Net Revenue +1% +3% +2% 307.4 311.1 301.5 310.7 286.7 292.1 (+3% at CC) (+6% at CC) (+4% at CC) 2024 2025 2024 2025 2024 2025 EBITDA Free Cash Flow Capital Exp
Slide 15: Incoming Orders increased by 3.2% at constant currencies
Incoming Orders increased by 3.2% at constant currencies Incoming Orders by category and region vs. 2024 at actual rates, in CHFm +1% CHF / +1% CHF / • Incoming Orders increased by 3.2% +3% CC +3% CC at constant currencies (+1.2% in CHF) 307.4 311.1 307.4 311.1 • Maintenance and support saw +8% in C
Slide 16: Order Backlog growth of 5.9% in 2025 at constant currencies
Order Backlog growth of 5.9% in 2025 at constant currencies Order Backlog development by category at actual rates, in CHFm +4% CAGR / +6% CC1 +3% CHF / +9% CHF / +6% CC4 0% CHF / +7% CC3 310.7 +6% CC2 301.5 276.5 276.4 +7% in CHF 153.7 (+11% at CC) 143.6 116.0 130.6 -1% in CHF 160.5 (+1% at CC) 145.
Slide 17: Net Revenue increased by 3.8% at constant currencies
Net Revenue increased by 3.8% at constant currencies FY 2025 vs. FY 2024 Net Revenue at actual rates, in CHFm Total variance: CHF +5.4m (+1.9%) 297.7 -5.6 292.1 11.0 286.7 Revenue 2024 Higher Revenue Revenue at Currency Effect Revenue 2025 Constant Currencies +3.8% -1.9% Recurring revenue amounted t
Slide 18: Net Revenue development slow in H1 with acceleration in H2
Net Revenue development slow in H1 with acceleration in H2 FY 2025 vs. FY 2024 Net Revenue by category and H1/H2 vs. 2024 at actual rates, in CHFm +5% +2% -1% 152.1 • Projects, products and services grew 292.1 142.1 144.6 by 3.8% at constant currencies, 286.7 140.0 44.8 +6% in CHF supported by good
Slide 19: 2025 P&L reflects strong operational improvement
2025 P&L reflects strong operational improvement FY 2025 vs. FY 2024 Profit and Loss Statement at actual rates, in CHFm 2025 % 2024 % Variance Variance Comments %-cc %-CHF • 2025 Cost of Sales impacted negatively by CHF 1.1 million write-off of obsolete components and CHF 0.5 million for US tariffs
Slide 20: Reduction in CAPEX due to completion of building refurbishment
Reduction in CAPEX due to completion of building refurbishment FY capital expenditure (CAPEX) at actual rates, in CHFm 16.2 15.5 • The office refurbishment in Sweden, was 13.4 completed at the end of 2024, reducing the tangible CAPEX 11.1 • Investments in intangible assets includes 11.7 11.1 capital
Slide 21: Robust operating cash flow, CHF 10.4m returned to shareholders
Robust operating cash flow, CHF 10.4m returned to shareholders FY 2025 cash flow at actual rates, in CHFm • Operating cash flow of CHF 32.6 million -11.1 was strong due to good operational performance and improved management of Net Working Capital -6.8 32.6 -3.6 29.6 • CHF 10.4 million cash was retu
Slide 22: Solid Balance Sheet with strong Net Cash position
Solid Balance Sheet with strong Net Cash position 2025 Balance Sheet with half-yearly comparison at actual rates, in CHFm 2025 2025 2024 2024 • Robust Net Cash position, with CHF 11.0 million cash increase year on year 31-Dec 30-Jun 31-Dec 30-Jun • Net Working Capital was improved Cash & Cash Equiva
Slide 23: Looking ahead
Looking ahead David Hale, CEO
Slide 24: Positive secular market trends continue
Positive secular market trends continue Demographic Change Care anywhere Aging population with increasing Care delivery anywhere and demand for care at any time Staff Shortages Healthcare Healthcare digitalization Leading to disruptions in Data capture, integration and megatrends care activities uti
Slide 25: Positive secular market trends continue
Positive secular market trends continue Example: Demographic change in US healthcare system Nominal change CAGR in US population, 2022-2030, by age group Margin improvement opportunities for US healthcare provider (in %-pts.) Low scenario High scenario Ascom solutions impact lever 8% 6% 6% Corporate
Slide 26: Underlying market dynamics by key segments
Underlying market dynamics by key segments Forecasted global market size in USD, CAGR (%) until 2030 in Ascom’s key market segments* Market growth expectation* 13% 12% 11% 10% 10% 4-7% 9% 9% Combined market 8% growth expectation 7% 7% 7% 6% 6% 6% 6% 5% 5% 5% 4% 4% 3.8% Net Revenue growth, 2025 4% at
Slide 27: Focus in 2026 – Taking next steps in our strategy execution
Focus in 2026 – Taking next steps in our strat egy execution Plan for 2026 • Deliver profitable growth • Continue to exploit benefits of new organizational setup • Focus on further operational improvements • Accelerate innovation pipeline Ascom 2025 Full-Year Results Conference | 9 March 2026 | ©202
Slide 28: Guidance 2026
Guidance 2026 Guidance 2026*: Ascom targets for fiscal year 2026 are: • Low to mid-single -digit revenue growth at constant currencies • EBITDA margin of 10 -12% *Ascom’s 2026 guidance is based on the current market and economic environment, current visibility and at constant currencies Ascom 2025 F
Slide 29: Proposals for Annual General Meeting
Proposals for Annual General Meeting Michael Reitermann, Delegate of the Board of Directors and CEO ad interim
Slide 30: Dividend proposal & share buyback
Dividend proposal & share buyback Significant distribution of profit to shareholders Dividend proposal Share buyback program* The Board of Directors is proposing a dividend of As of 31 December 2025: CHF 0.20 per share to the Annual General Meeting. • 1.8 million shares bought back for total of CHF
Slide 31: Proposal to Shareholders for Annual General Meeting 2026
Proposal to Shareholders for Annual General Meeting 2026 Elections to the Board of Directors • Dr. Valentin Chapero, Chairman of the Board, does not stand for re-election at the AGM 2026 • All other Board members stand for re-election • Board of Directors will be reduced to 5 members Proposal of Boa
Slide 32: Laurent Dubois
Laurent Dubois New Chairman to be elected at Annual General Meeting 2026 Member of the Board of Directors since 2020 | Nationality: Belgium | Born 1969 | Place of residence: Wollerau SZ, Switzerland since 2020 CEO, member of the Board of ADB Safegate BV, Zaventem (Belgium). 2014–2019 CEO GE Healthca
Slide 33: Q&A
Q&A
Slide 34: Thank you for your attention
Thank you for your attention Upcoming events: Half-Year Results 2026, 29 July 2026
Slide 35: Legal Disclaimer
Legal Disclaimer This document contains specific forward-looking statements, e.g. statements including terms like “believe”, “expect” or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties, and other factors which may result in a substantial div