Siili Solutions Oy · OMXHEX:SIILI
Siili Solutions Oy — H1 2025 Earnings Presentation
27 slides from Siili Solutions Oy's earnings presentation, 2025
Slide 1: Measures to improve profitability continue, strategy implementation proceeds
Measures to improve profitability continue, strategy implementation proceeds
Slide 2: End-to-end AI partner
End-to-end Al partner et /\ hy ia . < Our key markets Key client sectors Ai-po® Finland Services pete Platforms Al-powered software US Industry evommere’ development & engineering UK Public Germany Finance Automotive Specialized SIILI companies Continuous solutions Advisory G) Sec. SILI AUTO Innovat
Slide 3: Strong and diversified client base
Strong and diversified client base // PRIVATE SECTOR // PUBLIC SECTOR 3 Kone] ise € VARMA yle WGRVERO Valmet > HE Microsoft DAIMLER © Wa FINAVIA TEOSTO UAMITAPIOWA S) el Fey _ . waEn E> ZF uk water utilities posi 4 ? Ww Ab SSAB G otpbank VAISALA a Fintraffic A? poe
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Slide 5: Siili's strategy
Siili’s strategy TARGET CUSTOMERS KEY MARKETS FOCUS INDUSTRIES Large and medium-high digital maturity org Finland, UK, Germany Finance, Industry, Public, Automotive We build on our values: Ambition, Humane, Joy, Responsibility
Slide 6: Siili's strategy x PRIVEN
Siili’s strategy x PRIVEN MAKE Al REAL a1-po (2) (3) Significant growth in Pioneer in Al-powered Data and Al business development Community of top talent We ensure solid financial foundation and growth TARGET CUSTOMERS KEY MARKETS FOCUS INDUSTRIES Large and medium-high digital maturity org Finland,
Slide 7: Changes announced today
Changes announced today
Slide 8: Planned key changes
Planned key changes 1. Simplify the structure 2. Sales emphasis 3. Client need 4. Competence on substance based organization profile alignment We are planning to We are planning to Emphasis more on We continue to adjust our simplify the organization organize ourselves three substance matter competen
Slide 9: Making AI Real – through structure and capability renewal
Making AI Real – through structure and capability renewal Identified growth New operating model in place pockets and strategic and technical competencies focus areas realigned Aug 2024 H2 2024 H1 2025 Sep 2025 Oct 2025 AI & Data-driven Internal functions (excluding Full adoption in daily strategy la
Slide 10: We help our clients become AI leaders in their business and redefine their industries
We help our clients become Al leaders in their business and redefine their industries Client’s New revenue + opportunities and business business models Pd value of Al & oe “ digital —™ “a investments ™ a Improving current a“ / offering and client aX experience via Al a \ _ a \ oa \ Efficiency & NS \
Slide 11: We help our clients become AI leaders in their business and redefine their industries
We help our clients become Al leaders in their business and redefine their industries Identified client needs 4 Client’s New revenue (4) Growth through new revenue business epportunities and streams and solutions value of Al & ye! digital “a Speed, process innovation and investments oN (2) . a“ scal
Slide 12: Client goal and Siili's competitive edge
Generate new revenue through Deliver digital solutions with speed and Ensure reliability, efficiency, and Client goal services or features quality peace of mind Solution sales – end-to-end Competence sales – teams or experts SLA-based – long-term service Client buying model delivery onboarded and ma
Slide 13: Highlights H1 & Q2 2025
H1 & Q2 2025 Highlights
Slide 14: Enhancing our overall offering to be in line with the market demand
Enhancing our overall Launching the new AI Concluding the offering to be in line with Advisory business acquisition of a majority the market demand stake in Integrations Group Oy Updating our Strengthening our data competence profile to and AI expertise, with better support our over 400 Siili employ
Slide 15: H1 2025 key figures
H1 2025 key figures / // /// Revenue Adj. EBITA Share of international revenue / ”_ 57.5 M£€ (H1 2025) 2.6 M£€ (H1 2025) 26.1% (H1 2025) Adj. EBITA % 4.5
Slide 16: Q2 2025 key figures
Q2 2025 key figures / // /// Revenue Adj. EBITA Share of international revenue / ”_ 2/. 6 Mi £ (Q2 2025) 1 . 3 Mi £ (Q2 2025) 2 5 c 1% O (22025) Adj. EBITA % 4.7
Slide 17: Financials H1 2025
H1 2025 Financials
Slide 18: Revenue growth H1
Revenue growth H1 Siili group revenue (MEUR) H1-H2 / 2016 - 2025 70 -2.8% -4.8% 59,2 60 57,5 Total Organic 50 40 • Revenue 57.5 MEUR 30 20 • More stable development compared to 10 last year H1 0 H2 2020 H1 2016 H2 2016 H1 2017 H2 2017 H1 2018 H2 2018 H1 2019 H2 2019 H1 2020 H1 2021 H2 2021 H1 2022 H
Slide 19: International revenue H1
International revenue (MEUR) and % of group revenue H1-H2 / 2016 - 2025 18 35% 28,0 % 16 26,1 % 30% International revenue H1 -9.6% 26.1% 14 25% 12 Growth Share of group 10 20% 8 15% • Revenue H1 15.0 MEUR 6 10% • International revenue share ca. 26% 4 5% 2 0 0% H1 2016 H2 2016 H1 2017 H2 2017 H1 2018
Slide 20: Adj. EBITA H1
Adj. EBITA H1 Siili Group Adj. EBITA (MEUR) and Adj. EBITA % H1-H2 / 2016 - 2025 7,0 12,0 % 4.5% -1.1 pp 6,0 10,0 % Ebita margin Margin change 5,0 8,0 % 4,0 5,6 % 6,0 % 3,0 4,5 % • Adjusted EBITA 2.6 MEUR 3,3 4,0 % 2,0 2,6 • Adjusted EBITA margin 4.5% 1,0 2,0 % • Improvement from H2 last year 0,0 0,
Slide 21: Personnel and subcontractor development H1-H2 / 2016 - 2025
Personnel and subcontractor development H1-H2 / 2016 - 2025 1400 1200 138 1000 132 800 966 600 900 400 200 0 H1 2025 H1 2016 H2 2016 H1 2017 H2 2017 H1 2018 H2 2018 H1 2019 H2 2019 H1 2020 H2 2020 H1 2021 H2 2021 H1 2022 H2 2022 H1 2023 H2 2023 H1 2024 H2 2024 Headcount end of period Subcontractor F
Slide 22: Strong balance sheet maintained
Strong balance sheet maintained Siili Group key figures H1 2025 H1 2024 Cash and cash equivalents 15.9 17.5 Net debt / EBITDA, X* 0.45x 0.44x Equity Ratio % 49.9 % 46.6 % ROI % 5.1 % 9.3 % Gearing %* 7.8 % 10.6 % EPS, EUR 0.09 0.22 *) including contingent consideration related to acquisitions and IF
Slide 23: Going forward
Going forward
Slide 24: Siili's two priorities in 2025: Scale up AI and Improve profitability
Siili’s two priorities in 2025: Scale up Al and Improve profitability 1/ 2/ PRIORITY OBJECTIVES SCALE UP Al Grow Data & Al business significantly Capturing share of data & Al market growth Pioneer in Al-Powered Position Siili as an Al thought leader development for in our field of expertise innovati
Slide 25: Guidance for 2025
Guidance for 2025
Slide 26: Guidance for 2025
Guidance for 2025 The financial guidance of revenue for 2025 is estimated to be EUR 108-130 million and adjusted EBITA EUR 4.7-7.7 million. External guidance assumptions + Macro demand environment remains unchanged compared to 2024 * Al revolution will continue ofitability EBITA margin of 12% sustai
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