Kofola Ceskoslovensko As · PSECZ:KOFOL
Kofola Ceskoslovensko As — Q1 2025 Earnings Presentation
50 slides from Kofola Ceskoslovensko As's earnings presentation, Jun 10, 2025
Slide 1: Kofola Group Investor Presentation 3M 2025
3M 2025 10 JUNE 2025 KOFOLA GROUP INVESTOR PRESENTATION
Slide 2: Kofola Group
KOFOLA GROUP . ’ Is today one of the most important beverage producers in Central and Eastern Europe. CZK 2.09 bn ° Revenue 3M 2025 ® « e. a) CZK 162.7 m y EBITDA 3M 2025 ww 14 Production plants g Headquarters e @) Production 3,300+ a plants Employees 21 CZK per share BoD proposal of dividend for 20
Slide 3: Our roots are in CzechoSlovakia
OUR ROOTS ARE IN CZECHOSLOWAKIA StrazZ nad Ohfi oe her KORUNNi a Plzeti & . Production plants @ Offices Mnichovo Hradisté a & we Monawelay Reroun ® Agricultural sites Hanugovice — oe eo a Slatifiany Libina @ os ea Novy Jiéin Pierov *Smixa, -@- Rajecka Lesna KlaStor pod Znievom ®e ° JaZlovice cg KoSi
Slide 4: The Group's long-term ambition is to be the market leader
THE GROUPS LONG-TERM AMBITION IS TO BE THE MARKET LEADER a, oO ® w wo Ea - CZECHIA SLOWAKIA SLOWENIA CROATIA vy ¥ VY X Cue Soft drinks market position
Slide 5: Our beverage portfolio covers all categories
OUR BEVERAGE PORTFOLIO COWERS ALL CATEGORIES Distributed and license brands wt Q Category Most important own brands Carbonated Beverages AAd a hk @ & he BO Waters RAJEC. Peleg KLASTORNA a studena. KoRUNNi Ondrdgovl evian — vincenna Non-carbonated Beverages wi NASTE Syrups @ Fresh & Salad Bars € Beer
Slide 6: Long-term development
LONG-TERM DEWELOPMENT Revenue* (czKm) EBITDA* (czkKm) mExcl. acquisitions -®-EBITDA margin 16.7% 17.0% 16.7% 15.8% 71.9% Y —_ Se 1,082 ti,la4 8,690 7 42% 7,875 1852 1755 8, 6OOmmmm O88 Logo «28.0 bess : 1,551 Boss | 1,117 HE 1,110 [253 > Ds oO ce) » > Ds oO Ra v wa ve s Y iv Y # & & § & Se & Ss Reo
Slide 7: Highlights
HIGHLIGHTS Dil | ) Dilmah | Die I i tea This year's Beats for Love will rewrite the festival's history and open up a whole new dimension to this iconic celebration of electronic music. And Kofola will be there. We have become an official partner of the festival, to which it will bring a number of ne
Slide 8: Our Sustainability report is part of the Annual report
Our Sustainability report is a part of the Annual report, which is available at our website.
Slide 9: g) water sources
©” La SOS Protection of i ~taa g) water sources We believe in Local materials Waste utilization Smart packaging solution y=: an friendly production processes Ag a
Slide 10: We strive to preserve water
we. WESTRIVETOPRESERVEINATER. =” RESOURCES FOR FUTURE GENERATIONS - a4 : In Rajecka Lesna and around OndraSov, together with local authorities and farmers, : we are creating BIO certified sites. We take ; , care of nature wherever we are at home. 4) = Say 5 In Slovakia, we established an organisatio
Slide 11: We grow our own herbs
We grow our own herbs and use them in our drinks. We prefer local ingredients from proven sources. WE LOOK FOR DIRECT SOURCES OF QUALITY INGREDIENTS, WHICH WE LEARN T0 GROW OURSELVES |» We’re breaking into apple growing. We planted a special variety for F. H. Prager ciders. In 2023, we acquired a sh
Slide 12: Beverages are produced using modern technologies
BEWERAGES ARE PRODUCED USING MODERN TECHNOLOGIES THAT ENSURE QUALITY AND HEALTHINESS Thanks to High Pressure Pascalization, UGO juices do not lose their colour, taste or vitamins and last fresh for up to six weeks. D The filling of beverages on the aseptic line takes place ina sterile environment. A
Slide 13: We take a reduce-reuse-recycle approach to packaging
WE TAKE A REDUCE-REUSE-RECYCLE APPROACH TO PACKAGING REDUCE Cs We don’t pack 75 million draft pints at all. We lighten PET packaging. REUSE We prefer We use returnable ay reusable bottles and porcelain packaging. tableware in HoReCa. ZY el a | tZ NAKNADA 501 J RECYCLE Thanks to deposit return 4) We
Slide 14: Waste is not the end for us
e WASTE IS NOT THE END FOR US, (> BUT OFTEN THE BEGINNING The best waste is the waste Together with Biopekarna We give new life to old that does not happen. We use Zemanka, we can bake parasols. We can make reusable transport packaging healthy biscuits from the practical bags out of them.. as well a
Slide 15: Vision 2030
VISION 2030 SY Healthy products Sustainability Ce) Support for localities and agriculture ofola g-... . lowenske- CeskeS Customer’s first choice Independent and happy people
Slide 16: Kofola Group Results
KOFOLA GROUP RESULTS _ Yo
Slide 17: Kofola Group key 3M 2025 financial indicators
KOFOLA GROUP KEY 3M 2025 FINANCIAL INDICATORS” Revenue (CZKm) Revenue per main business segments (CZKm) 2,093 2,051 tics oe m3M25 0 §3M24, 301 308 296 302 264 ee a 3Mes 34 CzechoSlovakia Adriatic ~~‘ Beers & Ciders Fresh & Herbs Other ** EBITDA (CZKm) EBITDA per main business segments (CZKm) Profit/
Slide 18: Revenue development
REWENUE DEVELOPMENT Revenue by product line YTD (czkm) 727 m3M25 ™3M24 642 602 6it Carbonated beverages Waters Non-Carbonated Syrups Beers & Ciders Fresh bars & Salads Other beverages Revenue by countries YTD (czKm) wSe5 1,178 m3M25 =3M24 kp Czech Republic @® Slovakia @ Slovenia s Croatia w Poland O
Slide 19: Key messages
KEY MESSAGES" maT © Group‘s revenue increased by 41.7 CZKm (2.0%). © Group‘s EBITDA lower by 95.6 CZKm (37.0%). © Volumes lower by 9.3% (CS and Adriatic segment). COSTS DEVELOPMENT ¢ All major costs developed according to expected trends. * Based on results adjusted for one-offs. ¢ New own brand of
Slide 20: Business segments
Slide 21: Our business consists of four main segments
OUR BUSINESS CONSISTS OF FOUR MAIN SEGMENTS CzechoSlovakia Fresh & Herbs Beers & Ciders Mkofola *w*Radenska S |
Slide 22: Revenue YTD | CzechoSlovakia
REWENUE YTD | CZECHOSLOVAKIA Revenue by packaging formats* (czKm) Sales in litres (‘000) mAthome SOnthego mOnpremise 1,360 CZECHIA 3M2e5 3M24 Change On premise \ 5,012 5,433 (7.7%) On the go “11,970 12,634 (5.3%) At home \ 71,303 72,911 (2.2%) Total \ 88,285 90,978 (3.0%) 3M25 3M24 * Excludes revenu
Slide 23: Revenue and EBITDA | CzechoSlovakia
REVENUE AND EBITDA| CZECHOSLOVAKIA @ Adjusted EBITDA (czkm) Long-term view | Adjusted EBITDA (czkm) MEBITDA ° EBITDA margin CoRevenue mm EBITDA -®-EBITDA margin 19.6% 15.5% 15.1% 17.0% 16.3% . °*——__* fe _e- > 18% 6,848 6,664 7.7% 6,209 . 172 5,641 4,796 92 940 875 938 1,165 1,085 3M25 3M24 2021 202
Slide 24: Revenue YTD | Adriatic
a REVENUE YTD | ADRIATIC Revenue by packaging formats* (czkm) Sales in litres (‘000) mAthome mOnthego #On premise SLOVENIA 3M25 3Me24 Change 288 297 On premise \ 3,776 3,871 (2.5%) On the go ‘\ 3189 3,339 (4.5%) At home \ 13,379 18,511 (1.0%) Total \ 20,344 20,721 (1.8%) 1,097 1,050 4.5% CROATIA 3Me
Slide 25: Revenue and EBITDA | Adriatic
REVENUE AND EBITDA | ADRIATIC Ss Adjusted EBITDA (czkm) Long-term view | Adjusted EBITDA (czkm) CoRevenue mm EBITDA -®-EBITDA margin HEBITDA- ¢ EBITDA margin 15.9% 9 g 14.4% 13.5% 15.1% ~_ 12.9% 35% __* —e- a3 1,681 1,674 5 1,410 - 9.4% 1,232 4.7% 29 14 20ea1 2022 2023 2024 LTM 31-03- 3M25 3M24 2025
Slide 26: CS F&H B&C
CS Adriatic F&H B&C 23 Salad bars 35 Fresh bars
Slide 27: Fresh & Herbs | Leros and Premium Rosa
FRESH & HERBS* | LEROS AND PREMIUM ROSA Revenue (czKm) m Premium Rosa Leros 138 120 * Fresh & Herbs segment further includes PRAGEROVY SADY LIBINA (not disclosed separately in the presentation due to immateriality) (( PREMIUM ROSA )] Producer of premium natural products such as syrups, juices and ja
Slide 28: Fresh & Herbs revenue and EBITDA
CzechoSlovakia Fresh & Herbs Beers & Ciders Adjusted EBITDA (czkm) Long-term view | Adjusted EBITDA (czkm) =SEBITDA e@EBITDA margin CoRevenue @BEBITDA -®-EBITDA margin 9) 11.4% 12.4% 11.9% 11.8% 5 9.7% S Lex 6.5% oa - 6 8% 1,157 1,197 29 st 968 824 609 3M25 3Me4 2021 2022 2023 2024 LTM 31-03- 2025 2
Slide 29: Performance YTD | Beers & Ciders
PERFORMANCE YTD* | BEERS & CIDERS Bec Revenue by packaging formats (czkm) Sales in litres (‘000) = CZ brand m Export ™ Other Breweries 3M25 3M24 Change CZ Brand \ 10,000 10,800 (7.4%) 326 Export \ 5,410 7,410 (27.0%) aga Other 7 600 90 566,7% Total \ 16,010 18,300 (12,5%) Adjusted EBITDA (czkm) EBIT
Slide 30: Consolidated financial performance indicators
oO ~ ; ° ° . 5 CONSOLIDATED FINANCIAL PERFORMANCE INDICATORS i> Pw ar
Slide 31: Selected financial performance indicators
SELECTED FINANCIAL PERFORMANCE INDICATORS Net debt (czKm) Net debt / adjusted LTMEBITDA __ Gross and net debt calculation (czkm) e@ Net debt /LTM 31-03-25 31-12-24 adjusted EBITDA 4,582 Cap L/T bank loans 3,907.1 3,692.1 L/T lease liabilities 317.4 299.4 S/T bank loans 737.7 1,077.0 3.5x S/T lease l
Slide 32: M&A
Slide 33: M&A strategy | Where we invest?
M&A STRATEGY | WHERE WWE INVEST? Authentic healthy raw materials Extension of our portfolio Mineral water =O KORUNN Strong love brands q \ Synergies with current business | Geographic expansion European countries up to 10 million inhabitants No.ior2
Slide 34: Goals
Slide 35: Goals 2025
3 GOALS 0 0 2025 EBITDA CZK 1.9-2.0 bn Revenue growth 3% Max CAPEX (% of EBITDA) 60% Dividend per share 213.5 CZK Net debt / EBITDA En me 35
Slide 36: Revenue development
— REWENUE DEVELOPMEN Period April, May 2025 vs April, May 2024 - Value April, May 2025 vs April, May 2024 - Volume 36
Slide 37: More about Kofola
MORE ABOUT KOFOLA
Slide 38: Our work is also appreciated by our surroundings
OUR WORK IS ALSO APPRECIATED BY OUR SURROUNDINGS vy LEMUR PR Awards The KlaStorna Kalcia brand won three medals at the LEMUR PR Awards - two golds and one ZLATY POHAR bronze. The jury appreciated not only the LewurR long-term reputation and brand-building PIVEX, efforts but also the PR project "Cast
Slide 39: We maintain a family spirit
WE MAINTAIN A FAMILY SPIRIT EWEN THOUGH WE HAWE ACTIVITIES IN 6 COUNTRIES ON 2 CONTINENTS ° ’ ? 7 y o 77 7 77 > a re I Czechia “™ 99) ---~_~___---7"7--- oe a y 1 : s i? Uo 2? —~ Pa --7 I oowe-7e slovakia \*") i) @ > Sm Pe “cot F -- y / ! Poland @ _ 1 oo “7 - ¢ 7 . a Slovenia “7 I ; I . ? ! Croatia "
Slide 40: We are not afraid to enter new segments and learn new things
WE ARE NOT AFRAID T0 ENTER NEW SEGMENTS AND LEARN NEIN THINGS 1990 2000 2010 2020
Slide 41: We seek and utilize opportunities around us
WE SEEK AND UTILIZE OPPORTUNITIES AROUND US Overview of key acquisitions 2000 2010 2020 EXE) © kofola fzote I ° FEE) onda St PRAGER Ex) ez. fraskewtes moines As ESS) Stoenke | 2017 | PREMIUM ROSA | 2011 | SEXTEX 20x | © whe Apple plantations
Slide 42: What we have achieved in the last three years
WHAT WE HAVE ACHIEVED IN THE LAST THREE YEARS We introduced the Cirkulka returnable bottle system. (ry, <. Through acquisitions, we entered two new segments - brewing and beverage vending machines. After herbs, we also learn to grow apples and coffee. We started Q We have launched developing startup
Slide 43: Stable ownership structure
STABLE OWNERSHIP STRUCTURE ALLOWS US TO FOCUS ON THE FE os ites. DEVELOPMENT OF THE GROUP Free float (others) Currently 6.1 million shares at Prague Stock Exchange, Majority shares in hands of: Jannis Samaras Niky and René Sommer 1.60% Radenska d.o.o. RADENSKA is considering the sale of its whole sh
Slide 44: Shares owned by key management persons
SHARES OWNED BY KEY MANAGEMENT PERSONS Development in years by type of transaction mIncrease m™ Decrease 26,844 235,578 36,997 — ° 2,422 a |__| 6,250 19,064 3,861 — 22,321 — = 9,109 12,235 15,059 | ’ * Entitlement from Option scheme. 44
Slide 45: Appendix
APPENDIX
Slide 46: Results of Kofola Group | 3M 2025
RESULTS OF KOFOLA GROUP | 3M 2025 Revenue 2,093.1 - 2,093.1 Cost of sales (1,229.8) - (1,229.8) Gross profit 863.3 - 863.3 Selling, marketing and distribution costs (729.3) - (729.3) Administrative costs (162.6) - (162.6) Other operating income/(costs), net (4.8) 14.3 9.5 Operating profit/(loss) (33
Slide 47: Group results comparison 3M
GROUP RESULTS COMPARISON 3M” (CZKm) 3M25 3M24 Change Change (%) Revenue 2,093.1 2,051.4 41.7 2.0% Cost of sales (1,229.8) (4,178.0) (81.8) 4.4% Gross profit 863.3 873.4 (10.1) (1.2%) Selling, marketing and distribution costs (729.3) (593.9) (435.4) 22.8% Administrative costs (162.6) (173.2) 10.6 (6.
Slide 48: Consolidated income statement
CONSOLIDATED INCOME STATEMENT* (CZKm) 3M25 2024** 2023** 2022** 202i** 2020** Revenue 2,093.1 11,082.0 8,690.1 7,875.3 6,636.2 6,171.5 Cost of sales (1,229.8) (6,037.1) (4,802.7) (4,564.0) (3,710.2) (3,349.5) Gross profit 863.3 5,044.9 3,887.4 3,311.3 2,926.0 2,822.0 Selling, marketing and distribut
Slide 49: Contact
CONTACT Should you have any question related to Kofola Group do not hesitate to contact our investor relations office: Jiti Rypar + 420 737 118 957 http://investor.kofola.cz/en Kofola CeskoSlovensko a.s. Nad Porubkou 2278/31a 708 OO Ostrava - Poruba Czech Republic » kofola
Slide 50: Authorization
AUTHORIZATION This presentation has been authorized by the Board of Directors of Kofola CeskoSlovensko a.s. on 10 June 2025. This presentation (“the Presentation”) has been prepared by Kofola CeskoSlovensko a.s. (“the Company”). The Company has prepared the Presentation with due care, however certai
Kofola ČeskoSlovensko a.s. — Q1 2025 Earnings Presentation on 6ix