4ig Nyrt. · BET:4IG
4ig Nyrt — 4iG — FY2025 Earnings Presentation
36 slides from 4ig Nyrt's earnings presentation, Feb 27, 2026
Slide 1: Forward Looking Statements / Data Processing
FORWARD LOOKING STATEMENTS THIS INFORMATION SHEET WAS PREPARED BY 4IG NYRT. (HEADQUARTERS: BUDAPEST 1013, KRISZTINA KÖRÚT 39.). THIS INVESTOR PRESENTATION CONTAINS FORWARD-LOOKING STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS ABOUT OUR BELIEFS AND EXPECTATIONS, ARE FORWA
Slide 2: Investor Presentation Q4 & FY 2025 Results
INVESTOR PRESENTATION Q4 & FY 2025 RESULTS 27 FEBRUARY 2026 BUDAPEST
Slide 3: Speakers
SPEAKERS Péter Fekete Barna Gáspár Vice Chairman, Group Head of International Investor Relations Business Affairs and Capital Markets 3
Slide 4: Earnings Call Agenda
EARNINGS CALL AGENDA 1 EXECUTIVE SUMMARY 2 INTRODUCTION – MACROECONOMICS AND MARKET 3 KEY EVENTS AND NEWS 4 SHARE PERFORMANCE 5 FINANCIAL PERFORMANCE (Q4, FY) 6 SEGMENTS, GEOGRAPHIES (DEEP DIVE) 7 AMBITIONS 8 CREDIT RATINGS, ESG 9 Q&A 4
Slide 5: Executive Summary
EXECUTIVE SUMMARY 4iG Group presents its strong results as an IT, Telco and Space&Defence champion in the region: Net sales revenues increased by 6.8% to HUF 733.9bn, while EBITDA rose by 19% YoY to HUF 275bn on a 1 normalised basis in 2025 YoY. Net Debt/LTM EBITDA ratio at 3.2x which underpins the
Slide 6: Introduction, Macroeconomics, Market Share
INTRODUCTION MACROECONOMICS MARKET SHARE
Slide 7: Macroeconomic Environment
MACROECONOMIC ENVIRONMENT STATISTICS OF HUNGARY INTEREST RATES • MNB base rate (HUF): 6.25% (changed 25 February 2025 from 6.50%). Decreasing interest rate path is envisaged. • ECB base rate (EUR) : The European Central Bank (ECB)’s 2025–2026 forecasts envisage a slowing but cautious path of interes
Slide 8: Leading Market Positions in Core Geographies
LEADING MARKET POSITIONS IN CORE GEOGRAPHIES Headquarters (Budapest) Market positions Hungary 1 ICT 2 Telco 1 Space & Defence Montenegro 1 Telco(1) Albania 1 Telco North Macedonia Telco Israel Egypt Presence in Israel through Subsea cable Spacecom (Space & Satellite) Source: Company information, bas
Slide 9: Key Events Since the Last Earnings Call
KEY EVENTS SINCE THE LAST EARNINGS CALL
Slide 10: Group Transformation and New Governance Structure
GROUP TRANSFORMATION AND NEW GOVERNANCE STRUCTURE Gellért Jászai Chairman of the Board; Chief Executive Officer László Blénessy Péter Fekete István Sárhegyi Csaba Thurzó Gábor Tomcsányi Béla Tóth Vice Chairman, Vice Chairman, Vice Chairman, Vice Chairman, Vice Chairman, Vice Chairman, International
Slide 11: Key Domestic Events: Update Since the Q3 Earnings Call
KEY DOMESTIC EVENTS: UPDATE SINCE THE Q3 EARNINGS CALL 9th December* 4iG Informatikai Zrt. entered into a 23rd December SPA to acquire the business quota 4iG Plc. agreed with its bond investors to 5th January representing 90% of the registered change the repayment schedule of the 4iG SDT and TATRA T
Slide 12: Key Foreign Events: Update Since the Q3 Earnings Call
KEY FOREIGN EVENTS: UPDATE SINCE THE Q3 EARNINGS CALL 8th December 4iG SDT and Aselsan Elektronik 2nd February Sanayi Ve Ticaret A.Ş. have signed a 16th December 4iG SDT and ATS GROUP signed a non-binding MoU non-binding Term Sheet laying the 4iG SDT and Northrop Grumman in which the Parties express
Slide 13: Share Performance
SHARE PERFORMANCE
Slide 14: Shareholder Information of 4iG Plc
SHAREHOLDER INFORMATION OF 4iG PLC KEY SHAREHOLDERS OF 4IG PLC. SHARE PRICE PERFORMANCE AS OF 31 DECEMBER 2025 (HUF) 6 000 5 000 52.76% 25.12% *KZF Vagyonkezelő Zrt. 4 000 *iG COM Magántőkealap *iG TECH Invest Kft. Bartolomeu ICT Kft. 3 000 5.72% 2 000 3.13% 1 000 4iG Plc and consolidated 13.27% sub
Slide 15: Financial Performance
FINANCIAL PERFORMANCE
Slide 16: 4iG Group Financials: Q4 2025
4iG GROUP FINANCIALS: Q4 2025 4iG Group Non Realised Normalised Non Realised Normalised Q4 2024* PPA1 One off2 Q4 2025 PPA1 One off2 % change (HUF Mn) FX difference3 Q4 2024 FX difference3 Q4 2025 Net Revenues 188,519 - - - 188,519 195,799 - - - 195,799 4% Other operating income 1,712 - - - 1,712 27
Slide 17: 4iG Group Financials: FY 2025
4iG GROUP FINANCIALS: FY 2025 4iG Group Non Realised Normalised Non Realised Normalised FY 2024* PPA1 One off2 FY 2025 PPA1 One off2 % change (HUF Mn) FX difference3 FY 2024 FX difference3 FY 2025 Net Revenues 687,176 - - - 687,176 733,884 - - - 733,884 7% Other operating income 4,567 - - - 4,567 30
Slide 18: 4iG Segment Net Sales Revenue Growth Journey
4iG SEGMENT NET SALES REVENUE GROWTH JOURNEY 800 000 22 820 7 347 4 223 733 884 32 214 -19 896 700 000 687 176 600 000 500 000 400 000 300 000 200 000 100 000 0 Reported 2024 12M Telecommunication IT/SI Space & Defence Holding Eliminations Act 2025 12M Data in HUF million 18
Slide 19: 4iG Profitability Growth EBITDA Bridge
4iG PROFITABILITY GROWTH EBITDA BRIDGE 350 000 300 000 26 823 6 325 275 000 16 106 459 -22 093 250 000 15 163 231 055 1 161 232 216 200 000 150 000 100 000 50 000 0 FX Windfall tax Inorganic Organic personnel expenses Act 2025 12M Reported 2024 12M Restated 2024 12M One-off Organic gross margin Othe
Slide 20: Segments, Geographies Deep Dive
SEGMENTS GEOGRAPHIES DEEP DIVE
Slide 21: 4iG Space & Defence: Expanding Capabilities
4iG SPACE & DEFENCE: EXPANDING CAPABILITIES Weapons & Space Aero Land Systems Cyber & Digital Ammunition Offering Offering Offering Offering Offering Satellites / Space Equipment (DMAT) UAV Mortar IT & Network Infra (Fiberization, DC) Armoured Vehicles (Lynx, Gidrán) Geodata C-UAV Small Firearm R&D
Slide 22: 4iG Space & Defence: Expanding Capabilities
4iG SPACE & DEFENCE: EXPANDING CAPABILITIES Ggarragfafga Weapons & Space Aero Land Systems Cyber & Digital Ammunition • Secured geostationary • Partnership agreement • Acquisition of a controlling • Successful acquisition • Extensive orbit and licence signed with Aeronautics stake in Rába (74.3%) of
Slide 23: 4iG Hungary Telecommunication
4iG HUNGARY TELECOMMUNICATION ONE 2CONNECT • Positive churn rate at ONE resulting in positive • 2Connect became the largest Hungarian net customer base growth throughout the year network infrastructure company • Voluntary price-freeze in Hungarian retail market is MARKET • EU subsidies boost network
Slide 24: 4iG Western Balkans Telecommunication
4iG WESTERN BALKANS TELECOMMUNICATION ALBANIA MONTENEGRO • Proposed legislation has been published to • Q4 saw intensified customer acquisition introduce “Roam Like at Home” between Albania campaigns across the market, with and the European Union from 2026, which would competitors offering device di
Slide 25: 4iG Information Technology and System Integration
4iG INFORMATION TECHNOLOGY AND SYSTEM INTEGRATION • Increasing demand for software as a service (SaaS) solutions • International IT service providers are increasingly active in the region, maintaining a competitive market environment MARKET • The business remains seasonally weighted towards the four
Slide 26: International Investor Confidence in 4iG Telecommunication
INTERNATIONAL INVESTOR CONFIDENCE IN 4iG TELECOMMUNICATION • 4iG Távközlési Holding Zrt. and 4iG InfraCo Holding Zrt., have signed a non-binding term sheet with e& PPF Telecom Group on a potential share swap. • Under the planned transaction, 4iG Távközlési Holding could acquire up to 49% in CETIN Hu
Slide 27: Breakdown by Segments: Q4 2025
BREAKDOWN BY SEGMENTS: Q4 2025 Net Revenue Split (HUF Mn) Q4 2024 Q4 2025 S egment (a ctua l)* (a ctua l) % cha nge Net Revenue Split4 (% of total) IT 3 3 ,79 0 3 1,428 -7% Q4 2024 Q4 2025 (actual)1 1% (actual) 3% 15% Telco 155,3 70 16 6 ,047 7% 18% S pa ce 2,43 0 5,9 84 146 % Holding 2 17,208 18,29
Slide 28: Breakdown by Segments: FY 2025
BREAKDOWN BY SEGMENTS: FY 2025 Net Revenue Split (HUF Mn) FY 2024 FY 2025 S egment (a ctua l)* (a ctua l) % cha nge Net Revenue Split4 (% of total) IT 101,73 7 109 ,084 7% FY 2024 FY 2025 (actual)1 (actual) 2% 14% Telco 6 04,719 6 3 6 ,9 3 2 5% 1% 14% S pa ce 8,044 12,26 7 52% Holding 2 25,807 48,6
Slide 29: Q4 2025 Financial Debt and Capitalisation
Q4 2025 FINANCIAL DEBT AND CAPITALISATION FINANCIAL DEBT HUF Mn CAP ITALISATION as of 30 Dec 2025 (31 DEC 2025) Credits & loans & bonds 777,251 Share Price (HUF) 4,170 (long-term) Other long-term financial liabilities 27,043 Total Number of Shares 299,074,974 Financial lease liabilities MARKET CAP 1
Slide 30: Financial Guidance
FINANCIAL GUIDANCE • Continued integration across divisions (both organic growth and large-scale M&A), combined Outlook with accelerating demand for digital infrastructure and defence capabilities, supports confidence in next year’s performance • Revenues are expected to grow above 10% in 2026, refl
Slide 31: Credit Ratings, ESG
CREDIT RATINGS ESG
Slide 32: Stable Affirmed Third-Party Credit Rating BB-/Stable
STABLE AFFIRMED THIRD-PARTY CREDIT RATING BB-/Stable Issuer rating BB- Outlook Stable Long-term senior BB- unsecured debt rating Last review January 2026, affirmation Last change December 2024 Outlook revised to Stable https://scoperatings.com/announcements/rating- announcement/EN/179876 32
Slide 33: Key ESG Factors and Undertakings
KEY ESG FACTORS AND UNDERTAKINGS THE 4iG GROUP LATEST RESULTS IN THE ESG FIELD ENVIRONMENT SOCIAL GOVERNANCE • The 4iG Group has prepared the 2025 bi- • The 4iG Group received the 2. place in • The 4iG Group has 20 Subsidiaries / annual Consolidated Sustainability the II. Large Enterprises category
Slide 34: Q&A 4iG Group Investor Relations
Q&A 4iG GROUP INVESTOR RELATIONS 4IG.HU/FOR-INVESTORS IR@4IG.HU
Slide 35: Investor Relations
e 2 gi@ nyrt. | 1013 Budapest, = INVESTOR RELATIONS, A aysvadich I ae.
Slide 36: Disclaimer
DISCLAIMER WE CAUTION YOU THAT A NUMBER OF IMPORTANT FACTORS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN ANY FORWARD-LOOKING STATEMENT. IN ADDITION TO FIGURES PREPARED IN ACCORDANCE WITH IFRS, 4IG ALSO PRESENTS OTHER FINANCIAL PERFORMANCE MEASURES, INCLUDING, AMONG OTHERS