Slide 1: 2026 Half Year Results
2026 Half Year Results 05 August 2026 Enabling the capture and sharing of exceptional content.
Slide 2: Agenda
Agenda ▪ Overview ▪ Significant events ▪ Financial review ▪ Strategic and operational priorities ▪ Summary and outlook 2 | Videndum plc
Slide 3: Overview
Overview ▪ Difficult trading conditions in H1 ▪ Like-for-like revenue in line with prior year on a constant currency basis (excluding £4.3m from discontinued brands in H1 2025 and £0.4m in H1 2026) ▪ Increase in adjusted EBITDA* to £3.0m ▪ £2.3m adjusted operating cash flow* despite an adjusted oper
Slide 4: Significant Events
Significant Events ▪ The new Manfrotto ONE production line failures at the Feltre manufacturing facility caused sales of the Manfrotto ONE range to be significantly lower than anticipated. A proportion of sales have been deferred into H2 ▪ Conflict in the Middle East impacted large contracts with st
Slide 5: Revenue
Revenue Bridge of Revenue from Continuing Operations (£m) ▪ Discontinued the JOBY and National Geographic brands in 2025 (4.3) 5.5 (5.3) ▪ Winter Olympics held in Italy; FIFA World Cup held in the US, Canada and Mexico (1.4) ▪ The new Manfrotto ONE production line 115.4 failures in Feltre resulted i
Slide 6: Financial review
Financial review Capture. Share.
Slide 7: Comprehensive refinancing
Comprehensive refinancing ▪ Successfully completed the Group refinancing, creating a stronger and more sustainable capital structure ▪ Reduced net debt by £109.9m ▪ Secured £46.5m of ongoing debt facilities with an appropriate covenant structure ▪ Materially improved leverage ratios, significantly s
Slide 8: P&L Summary
P&L Summary Continuing operations* % H1 26 H1 25 ▪ Revenue lower than H1 2025, which included £m Change £4m revenue from discontinued brands Revenue 109.9 115.4 (5)% Gross profit 40.1 40.8 (2)% ▪ Restructuring savings and lower depreciation Gross margin 36% 35% +1%pts driving increase in gross margi
Slide 9: EBITDA*
EBITDA* Bridge of EBITDA* (£m) ▪ Restructuring savings from actions taken in 2025 as well as continued actions in 2026 ▪ Partly offset by wage and materials inflation (2.2) 3.5 (0.7) 3.0 2.4 H1 2025 Restructuring Inflation Other H1 2026 Savings Increased EBITDA* year-on-year 9 | Videndum plc * Befor
Slide 10: Adjusting items
Adjusting items £m H1 26 H1 25 ▪ Adjusting items of £14.2m profit mainly in Debt forgiveness 16.9 - Impairment of assets - (0.9) respect of £16.9m debt write-off Amortisation of intangible assets that are ▪ Other adjusting items: (0.1) (1.4) acquired in a business combination Restructuring costs (0.
Slide 11: Cash Flow
Cash Flow £m H1 26 H1 25 ▪ Strong trade working capital performance EBITDA* 3.0 2.4 driven by collection of receivables and Trade Working Capital* 5.5 4.7 continued decrease in inventories Capex (4.6) (5.4) Other OCF (1.6) (2.3) ▪ Positive OCF offset by interest and lease OCF* 2.3 (0.6) payments Int
Slide 12: Net Debt
Net Debt £m Jun-26 Dec-25 Jun-25 ▪ £103.0m decrease in net debt Closing Net Debt (39.3) (142.3) (137.7) predominantly driven by the refinancing Cash 11.1 11.0 11.4 Gross Borrowings (33.0) (132.4) (124.6) ▪ £33.0m gross borrowings Leases (24.2) (25.2) (28.1) Unamortised loan fees 6.8 4.3 3.6 ▪ £31.5m
Slide 13: Strategic and operational priorities
Strategic and operational priorities 13 | Videndum plc
Slide 14: Strategic and operational priorities
Strategic and operational priorities ▪ Strategic focus on professional content creation ▪ Accelerate innovation in core categories ▪ Strengthen go-to-market execution and geographic reach ▪ Focus on product cost ▪ SKU rationalisation and portfolio simplification ▪ Improve operational efficiency Reve
Slide 15: Appointment of Jan Peter Tewes
Appointment of Jan Peter Tewes ▪ Jan Peter Tewes appointed Group Chief Executive Officer, effective 17 August 2026 ▪ Brings extensive international leadership experience ▪ Strong track record in brand and channel management with proven ability to drive operational improvement ▪ Ideally suited to lea
Slide 16: Summary and outlook
Summary and outlook 16 | Videndum plc
Slide 17: Recap of key achievements
Recap of key achievements ▪ £85m equity raise on 30 March 2026, combined with c.£39m of debt equitisation and write-off ▪ Strengthened go-to-market execution and geographic reach, expanding aggressively in Asia ▪ Continued progress on cost saving initiatives. c.£3.5m achieved in H1 2026 and expected
Slide 18: Outlook
Outlook Trading conditions during the first half of the year were difficult. Performance suffered due to production line failures in Feltre as well as disruption arising from the conflict in the Middle East. Management has continued to take self-help actions to improve commercial execution, optimise
Slide 19: Appendix
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Slide 20: Select financial guidance items
Select financial guidance items H1 H2 FY D&A £8m £9m £17m EBITDA £3m £12m-£15m £15m-£18m Capex £(5)m £(5)m £(10)m Cash interest £(5)m £(2)m £(7)m Lease payments £(3)m £(3)m £(6)m FY EBITDA to be between £15m and £18m 20 | Videndum plc
Slide 21: Where we operate
Where we operate Manufacturing sites R&D sites ▪ c.1,200 employees. Sites in 8 countries; sell into Procurement centre Distribution sites 100+ countries ▪ Well-invested manufacturing facilities in Italy, Costa Rica, US Germany US ▪ R&D centres in UK, Italy, US Italy Japan China ▪ Far East Procuremen
Slide 22: Product portfolio
Product portfolio Audio capture Distribution, rental Mobile power Supports Audix & services Anton/Bauer Avenger Rycote Camera Corps Gitzo The Camera Store Monitors Manfrotto Backgrounds SmallHD OConnor Colorama IP Video Sachtler Savage Teradek Prompters Vinten Superior Autocue Lens control systems A
Slide 23: Important notice
Important notice Forward-looking statements This presentation contains forward-looking statements with respect to the financial condition, performance, position, strategy, results and plans of Videndum plc (the “Group”, “Videndum”, or the “Company”) based on Management’s current expectations or beli