Slide 1: Q1 2026 Trading update
SOFTWAREONE Q1 2026 Trading update 12 May 2026
Slide 2: Disclaimer
Q1 2026 TRADING UPDATE Disclaimer THIS PRESENTATION AND ITS CONTENTS ARE NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURIS
Slide 3: Disclaimer (continued)
Q1 2026 TRADING UPDATE Disclaimer (continued) Forward-looking statements This Presentation may contain certain forward-looking statements relating to the Company and/or the Group and its future business, development and economic performance. Forward-looking statements concern future circumstances an
Slide 4: Agenda and speakers
Q1 2026 TRADING UPDATE Agenda and speakers 1 Q1 2026 business update 2 Q1 2026 financial update Melissa Mulholland Raphael Erb Co-CEO Co-CEO 3 2026 outlook & final remarks 4 Q&A Hanspeter Schraner CFO 4
Slide 5: Q1 2026 business update
Q1 2026 TRADING UPDATE Q1 2026 business update Melissa Mulholland and Raphael Erb Co-CEOs 5
Slide 6: Revenue growth and margin improvement reflecting disciplined execution
Q1 2026 BUSINESS UPDATE Revenue growth and margin improvement reflecting disciplined execution Combined like-for-like(1) IFRS reported and MDPMs(2) CHFm Q1 2026 % YoY % YoY Revenue(3) 387.7 12.9% ccy 67.4% Contribution margin 267.9 19.0% ccy 81.2% Adjusted EBITDA 79.4 32.8% ccy 72.8% Adjusted EBITDA
Slide 7: Strong growth across all business lines
Q1 2026 BUSINESS UPDATE Strong growth across all business lines Software & Cloud Direct Software & Cloud Channel Software & Cloud Services Combined like-for-like(1) revenue, CHFm, % YoY ccy Combined like-for-like(1) revenue, CHFm, % YoY ccy Combined like-for-like(1) revenue, CHFm, % YoY ccy Adjusted
Slide 8: Broad-based momentum with NORAM back to growth
Q1 2026 BUSINESS UPDATE Broad-based momentum with NORAM back to growth Revenue by region, CHFm, % YoY ccy On a combined like-for-like basis(1) NORAM WEMEA Nordics DACH Q1 2026 Q1 2026 Q1 2026 Q1 2026 42.8 79.2 68.4 86.8 +10.0% +11.1% +32.7% +8.4% LATAM CEE APAC Q1 2026 Q1 2026 Q1 2026 23.7 19.3 67.0
Slide 9: SoftwareOne enables AI-driven citizen services for the public sector
Q1 2026 BUSINESS UPDATE SoftwareOne enables AI-driven citizen services for the public sector An AI-powered chatbot from SoftwareOne makes administrative information at the District Office of Waldshut, Germany, available at all times, relieving both citizens and specialist departments. Location: Germ
Slide 10: Q1 2026 financial update
Q1 2026 TRADING UPDATE Q1 2026 financial update Hanspeter Schraner CFO 10
Slide 11: Substantial uplift in reported EBITDA margin
Q1 2026 FINANCIAL UPDATE Substantial uplift in reported EBITDA margin Income statement summary Crayon consolidated from 1 July 2025 • Q1 2026 income statement CHFm Q1 2026 Q1 2025 %Δ includes Crayon, which significantly shapes year over year Gross sales 3,659.1 2,709.6 35.0% comparisons. Revenue 387
Slide 12: Continuing to narrow the reported to adjusted EBITDA gap
Q1 2026 FINANCIAL UPDATE Continuing to narrow the reported to adjusted EBITDA gap Reported to adjusted EBITDA bridge Crayon consolidated from 1 July 2025 CHFm Q1 2026 Q1 2025 Δ • Q1 2026 adjustments mainly relate to Crayon Reported EBITDA 71.0 26.7 44.3 integration and Reported EBITDA margin, restru
Slide 13: PEX inflation and increase in variable compensation partially offset by in-year synergies
Q1 2026 FINANCIAL UPDATE PEX inflation and increase in variable compensation partially offset by in-year synergies Adjusted OPEX bridge(1), in CHFm On a combined like-for-like basis(2) 6 10 3 308.3 9 (17) 301.0 11 (14) Adjusted In-year PEX inflation PEX variable 3rd party One-offs (3) Other (4) FX A
Slide 14: Further improving Services profitability
Q1 2026 FINANCIAL UPDATE Further improving Services profitability Business line P&L On a combined like-for-like basis(1) Software & Cloud Software & Cloud Software & Cloud Direct Channel Services Corporate costs CHFm Q1 2026 % YoY ccy Q1 2026 % YoY ccy Q1 2026 % YoY ccy Q1 2026 % YoY ccy Revenue 153
Slide 15: 2026 outlook & final remarks
Q1 2026 TRADING UPDATE 2026 outlook & final remarks Melissa Mulholland Co-CEO 15
Slide 16: 2026 revenue outlook raised – on track across all metrics
2026 OUTLOOK & FINAL REMARKS 2026 revenue outlook raised – on track across all metrics FY Guidance • Revenue growth LTM 2025 2026 outlook raised from mid-single digit to Revenue growth, YoY ccy Mid to high-single 1.4% 5.2% mid to high-single On a combined like-for-like basis(1) digit digit. Adjusted
Slide 17: Sustained growth momentum through consistent delivery
2026 OUTLOOK & FINAL REMARKS Sustained growth momentum through consistent delivery Strategic execution is translating into strong growth Profitability improvement is led by growth and operating leverage, while we maintain strong commitment to continuous cost discipline Integration is well on track t
Slide 18: Q&A
Q1 2026 TRADING UPDATE Q&A www.softwareone.com
Slide 19: Appendix
Q1 2026 TRADING UPDATE Appendix www.softwareone.com
Slide 20: Management-defined performance measures
Q1 2026 TRADING UPDATE Management-defined performance measures SoftwareOne has defined a set of non-IFRS, or management-defined financial measures, which reflect the company’s internal approach to analyzing its performance and which are also disclosed externally. These measures allow key decision ma
Slide 21: Reported to adjusted EBITDA
Q1 2026 TRADING UPDATE Reported to adjusted EBITDA Crayon consolidated from 1 July 2025 in CHFm Q1 2026 Q1 2025 Reported EBITDA 71.0 26.7 Revenue recognition adjustment IFRS 15 - 0.5 Crayon acquisition - transaction expenses - - Crayon acquisition - integration expenses 7.4 - Other integration, M&A