Slide 1: Continued solid progress
Continued solid progress 2026 Half -Year Results of Ascom Holding AG 29 July 2026
Slide 2: Disclaimer
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 divergenc
Slide 3: Agenda
Agenda 1. Highlights H1/2026 David Hale 2. Financial results H1/2026 Kalina Scott 3. Strategic Update David Hale 4. Outlook David Hale 5. Q&A David Hale & Kalina Scott 2026 Half-Year Results Conference | 29 July 2026 | ©2026 ASCOM 3
Slide 4: Highlights H1/2026
Highlights H1/2026 David Hale, CEO
Slide 5: Continued progress reflected in growth and a strong order intake
Highlights H1/2026 Continued progress reflected in growth and a strong order intake • Orders and Revenue increased at constant currencies vs. H1/2025, in all regions • Continued strong focus on cost discipline and margin • EBITDA & EBITDA Margin improved vs. H1/2025 • Structural demand drivers remai
Slide 6: Continued progress and focus on disciplined execution
Highlights H1/2026 Continued progress and focus on disciplined execution H1/2026 financials at a glance Focused on profitably capturing market demand • Incoming orders up 15% at • Market demand remains solid - Rising costs and productivity constant currencies over needs driving customers towards eff
Slide 7: Market Development: Demand remains strong across all regions
Highlights H1/2026 Market Development Demand remains strong across all regions 1 Region North • Hospital modernization and a strong installed base Region North1 support ongoing upgrades. • Digital health and interoperability drive software demand. • Virtual care and public safety modernization expan
Slide 8: Financial results H1/2026
Financial results H1/2026 Kalina Scott, CFO
Slide 9: CFO Key Messages
Financial Results H1/2026 CFO Key Messages • Incoming Orders increased by 14.6% at constant currencies, bringing Order Backlog to CHF 345 million with a healthy book -to-bill ratio of 1.25x • Revenue increased by 2.6% vs. H1/2025 at constant currencies and flat in CHF • Continued cost discipline and
Slide 10: Incoming Orders increased by 14.6% at constant currencies
Financial Results H1/2026 Incoming Orders increased by 14.6% at constant currencies Incoming Orders by category and region vs. 2025 at actual rates, in CHFm • Strong growth in Projects, +11% CHF +11% CHF +3% CC +15% CC +15% CC Products and Services across all regions, while Maintenance & 174.5 174.5
Slide 11: Order Backlog growth of 11.8% in 2026 at constant currencies
Financial Results H1/2026 Order Backlog growth of 11.8% in 2026 at constant currencies Around 67% converting to revenue beyond 2026 +6% CAGR +11% +7% -1% 344.6 311.5 309.6 289.8 +10% in CHF 162.6 +10% at CC 148.7 147.8 134.3 +12% in CHF 182.0 +13% at CC 155.5 162.8 161.8 30 June 2023 30 June 2024 30
Slide 12: Net Revenue increased by 2.6% at constant currencies
Financial Results H1/2026 Net Revenue increased by 2.6% at constant currencies Translation into CHF results in a negative impact of 2.7% Total variance: CHF -0.2m (-0.1%) 143.7 3.7 -3.9 140.0 139.8 Revenue H1 2025 Higher Revenue Revenue at Currency Effect Revenue H1 2026 Constant +2.6% Currencies -2
Slide 13: Net Revenue grew in every region at constant currencies
Financial Results H1/2026 Net Revenue grew in every region at constant currencies Revenue flat at actual currency • Projects, products and services grew by 2% at constant currencies, supported by good 0% CHF 0% CHF +3% CC delivery in Region South and Region USA & +3% CC Canada, while Region North wa
Slide 14: 2026 P&L reflects continuous cost management
Financial Results H1/2026 2026 P&L reflects continuous cost management H1/2026 vs. H1/2025 Profit and Loss Statement at actual rates, in CHFm Variance Variance H1 2026 % H1 2025 % %-cc %-CHF • 2026 Gross Profit margin with small negative impact due to product mix with less Mobility Net Revenue 139.8
Slide 15: Strong operating cash flow, CHF 13.3m returned to shareholders
Financial Results H1/2026 Strong operating cash flow, CHF 13.3m returned to shareholders H1/2026 cash flow at actual rates, in CHFm CHF 13.3m • Operating cash flow of CHF 14.0 -5.0 million represents cash conversion 0.0 of 104%, based on a mix of good 14.0 operational performance and -6.7 29.6 effic
Slide 16: Solid Balance Sheet with strong Net Cash position
Financial Results H1/2026 Solid Balance Sheet with strong Net Cash position 2026 Balance Sheet with half-yearly comparison at actual rates, in CHFm 2026 2025 2025 2024 • Solid Net Cash position despite 30-Jun 31-Dec 30-Jun 31-Dec shareholder payout being CHF 8.8 million higher compared to H1/2025 Ca
Slide 17: Capital Allocation – Share Buyback
Financial Results H1/2026 Capital Allocation – Share Buyback Share Buyback • Announced on March 12, 2025 • Launch in May 2025 on a second trading line on the SIX Swiss Exchange • Closed June 19, 2026 The shares were repurchased for the purpose of a subsequent capital reduction. The Board of Director
Slide 18: Continued operational improvement achieved in 2026
Financial Results H1/2026 Continued operational improvement achieved in 2026 Key Figures: H1/2026 vs. H1/2025 Incoming Orders Order Backlog (1) Net Revenue +11% CHF +11% CHF 0% CHF +15% CC +12% CC +3% CC 174.5 344.6 140.0 139.8 156.6 309.6 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 EBITDA Net W
Slide 19: Strategic Update
Strategic Update David Hale, CEO
Slide 20: Key Messages
Strategic Update Key Messages • Software as a proportion of revenue continues to grow • Vendor -neutral integration and an open platform is a differentiator • Mobility remains strategic in mission -critical deployments. 2026 Half-Year Results Conference | 29 July 2026 | ©2026 ASCOM 20
Slide 21: Focus on our competitive advantages and on execution to create value
Outlook Focus on our competitive advantages and on execution to create value Healthcare budgets strained and compounded by workforce shortage Ascom’s solutions address productivity, workflow efficiency. Ascom has a clear position in a mission-critical communication niche Our vendor-neutral platform,
Slide 22: Helping healthcare and critical organizations respond faster and improve outcomes
Strategic Update Helping healthcare and critical organizations respond faster and improve outcomes when seconds count Integrate Orchestrate Communicate Enable Acute Care Longterm Care Enterprise 2026 Half-Year Results Conference | 29 July 2026 | ©2026 ASCOM 22
Slide 23: Orchestrating data and workflow critical near real-time communication
Strategic Update Orchestrating data and workflow critical near real -time communication Integrate Orchestrate Communicate Enable Connect and integrate, Unify operational and Alarm delivery and Decision support alarms, medical clinical workflow layer response, mobile team systems with data, devices,
Slide 24: Refining the strategy in each segment – focus and disciplined execution
Strategic Update Refining the strategy in each segment – focus and disciplined execution with clear priorities Acute Care Longterm Care Enterprise Strengthen Development & Solution - Focus on SaaS / Focusing where value Go -To -Market Partners Cloud based solution – proposition “lone worker • Key Me
Slide 25: Organization: New Member of the Executive Committee
Strategic Update Organization: New Member of the Executive Committee Lisa Reck Head of Marketing New Member of the Executive Committee Nationality: Swedish Start: September 1, 2026 2026 Half-Year Results Conference | 29 July 2026 | ©2026 ASCOM 25
Slide 26: Building long-term value through strategic customer and partner relationships
Strategic Update Building long -term value through strategic customer and partner relationships Ascom’s scale, vendor neutrality, cross -system interoperability and ability to tailor solutions support project wins and productive partner collaboration. South -East Health Authority, Norway Cooperation
Slide 27: Outlook
Outlook
Slide 28: Focus on our competitive advantages and on execution to create added value
Outlook Focus on our competitive advantages and on execution to create added value • Geopolitical tensions will remain a challenge in the second half of the Guidance 2026* confirmed year. • Strong order backlog marks a good Ascom targets for fiscal year 2026: start to the second half of 2026. • Low
Slide 29: Thank you for your attention
Thank you for your attention ascom