Terveystalo Oy Class A · OMXHEX:TTALO

Terveystalo Oy Class A — Jefferies Healthcare Conference Nov 2025

13 slides from Terveystalo Oy Class A's conference presentation, November 2025

1. Slide 1: Terveystalo is a leading hybrid outpatient healthcare platform

   Terveystalo is a leading hybrid outpatient healthcare platform LTM REVENUE COMPREHENSIVE SERVICES AND FLUENT CARE PATHS DIGITAL SERVICES SITES 1,303 M€ 24/7 360 USERS HOSPITALS 6% Healthcare services 15% -2% Portfolio businesses GP 2.6 M 17 Sweden Other Post care Diagnostics 77% CUSTOMER VISITS PROF

2. Slide 2: Long-term structural trends continue to support the growth of the private healthcare market

   Long-term structural trends continue to support the growth of the private healthcare market Finnish population aged 65+ expected to grow Growing demand for healthcare, Aging by 170K over next 10 years2); spend average especially specialties related to aging; population 3x on healthcare vs. under 653

3. Slide 3: All three of our business areas have a defined plan for improvement aimed at generating value

   All three of our business areas have a defined plan for improvement aimed at generating value Healthcare Services Portfolio Businesses Sweden  LTM revenue EUR 1,046 million.  LTM revenue EUR 201 million.  LTM revenue EUR 77 million.  LTM adj. EBIT margin 14.4%  LTM adj. EBIT margin 5%  LTM adj

4. Slide 4: Our value creation is increasingly powered by our proprietary digital platform

   Our value creation is increasingly powered by our proprietary digital platform, improving both efficiency and customer value Individual customers Professionals Digital front door for individuals Professional UIs Occupational Health Individual care Patient & customer Appointment booking Digital triag

5. Slide 5: Ella, enhanced with AI Care capabilities, is already demonstrating a significant boost in productivity

   Ella, enhanced with AI Care capabilities, is already demonstrating a significant boost in productivity The number of patients seen by a professional in a Avg. time spent by the professional in the clinic day in the digital channel for each appointment 25 1 225 2 2 7 2 -28% -3 4 18 2 1 -4 +400% 12 +3

6. Slide 6: A direct channel with individuals offers both commercial opportunities and increased efficiency

   A direct channel with individuals offers both commercial opportunities and increased efficiency Self-Service Rate, Remote vs. On-site % of the market utilising Appointment Booking* Appointments* digital channels +177% +150% +161% 83% 25% 47% 36% 30% 10% 18% European average Terveystalo EU avg. <10%

7. Slide 7: A strong financial foundation enables us to implement our strategy and pursue disciplined growth

   A strong financial foundation enables us to implement our strategy and pursue disciplined growth Strong profit growth has led to significant cash flow conversion and deleveraging Operating cash flow (LTM) 224 3.5 Net Debt to EBITDA 3.4 3.3 202 211 3.2 3.1 190 196 198 174 171 2.6 158 2.3 2.1 Q3 Q4 Q1

8. Slide 8: Our financial targets and dividend policy emphasise profitable growth and shareholder value

   Our financial targets and dividend policy emphasise profitable growth and shareholder value FINANCIAL TARGET YTD/2025 2024 Earnings per share, Earnings per share, PROFITABLE EPS to grow on average by EPS, increased by 36% EPS, increased to EUR GROWTH 10% p.a.*(1) to EUR 0.57 0.57 (2023: -0.33) MODER

9. Slide 9: Guidance for 2025

   Guidance for 2025 (unchanged) Terveystalo expects its full-year 2025 adjusted EBIT to be EUR 155-165 million (2024: EUR 140.5 million). • The estimates are based on the current demand environment, employment levels, and morbidity rates. • The estimates account for a decrease of approximately EUR 30

10. Slide 10: We are delivering results and are well-positioned for continued value creation

    We are delivering results and are well-positioned for continued value creation 1. We have fundamental strengths as a business 2. and medical quality We have delivered our plan: Record strong financials, customer satisfaction, employee engagement 3. We focus on creating value to our stakeholders thro

11. Slide 11: Q&A

    1 Q&A Terveystalo

12. Slide 12: Terveystalo – Meaningful matters

    Terveystalo MEANINGFUL MATTERS

13. Slide 13: We invest in organic and disciplined inorganic growth

    We invest in organic and disciplined inorganic growth 59 CAPEX (MEUR) • Our investment strategy prioritises organic growth and disciplined inorganic expansion. 43 45 30 41 • We focus on digital investments to improve user 40 experience and productivity for healthcare 34 33 professionals. 21 4,7 25 3

Terveystalo — Jefferies Healthcare Conference Nov 2025 on 6ix