Tallinna Vesi As Class A · OMXTSE:TVE1T
Tallinna Vesi As Class A — AS Tallinna Vesi — Q4 2025 Earnings Presentation
13 slides from Tallinna Vesi As Class A's earnings presentation, Feb 6, 2026
Slide 1: Results for the 4th quarter of 2025
AS TALLINNA VESI Results for the 4th quarter of 2025 6 Februrary u
Slide 2: Presenters
‘\ Presenters Aleksandr Timofejev Taavi Groon CEO CFO Member of the Management Member of the Management Board Board — . Tallinn i " r
Slide 3: Q4 2025 key figures
Sales Investments Tap water Net profit €18.92 million into assets quality €4.51 million €18.6 million 99.9% 83% of all CHP energy Wastewater 0 work customers production effluent quality accidents have smart 2,145 MWh 100% meters
Slide 4: Investment projects
. Dea! 1) Ah c ~ Investment projects Investments into network: We have reconstructed and built 45.1 km’s of pipeline in 12 months and 22 km of it was reconstructed by trenchless method. Ongoing projects: reconstruction of water and wastewater pipelines in Lauteri Str, Endla and Tehnika Str crossroad
Slide 5: Operations update
+ Ae ! € E Z t ( ". Operations update Tap water quality E » Leakage rate 4: 99.9% (2024: 99.5%) 6 Q4: 11.87% (2024: 12.67%) Effluent quality C5 Average duration of water Q4: 100% compliant (2024: 100%) ™{ J] interruption per property Wj Q4: 21h 10 m (2024:4h 5 m) Customer satisfaction Rehabilitation
Slide 6: Water & wastewater volumes
- ( i a ‘) c c ss ~ { ( \ Water & wastewater volumes (m? million) . 8.0 8.0 35 31.6 31.7 ( 7 Ath quarter 30 12 months 6 25 ' 5 20 4 ¥ 15 4 . eS) 99 9.8 2 18 2.0 10 72 8.0 a os a os 0 0 Private customer Business customer Outside area Private customer Business customer Outside area W&WW WaWW W&WW W&WW
Slide 7: Water & wastewater revenues
ui - ( q paaes.. a) c { 6 »\ Water & wastewater revenues (€ million) 9 8.4 35 31.8 ( 8 74 7 4th quarter ES 26.9 12 months P 25 5 43 43 20 16.8 17.2 } 4 15 ‘ 20 21 10 WD ag a a 0 0 Private customer Business customer Outside area Private customer Business customer Outside area waww waww waww waww waww
Slide 8: Direct production costs
• Direct production costs • • •
Slide 9: Financial highlights Q4 2025
vata € a { ; A Financial highlights Q4 2025 (€ million) 6.0 * Total sales revenues increased by 5.9% ( . amounting to €18.9 million. * The cost of goods and services sold f amounted to €10.98 million in the 4*» quarter of 2025, being higher by 5.0% or €0.52 million compared to the equivalent period
Slide 10: Cash position
\ 25 € Million N 6 15 10 a CF end Q1'24 / open Q2'24 ) : Cash position + 2 ) Ped B bl ra owes we wT yew I we ww 2 Bw Eseeseeenecerenhercenerecene EN EE BECn ee SCT ESE SCRE SEER EE Sm S355 = cies so ee cS ee ems Sse lmnr & B-zegsatFeg eee SF BFECREE FA £g ae eae. OO & F OMe. s 0 ae oO a § $ & § S S
Slide 11: Investments
»\ Investments 2025 investments ( Customer Total Investments by year (€ million) Stormwater — connections 70.0 “= %' network new: 5% : development. / 60.0 ee ee @) Stormwater B . 16% 50 network ze? reconstruction > Waterand 40.0 35 1% % ~ wastewater 30.0 25 Water network treatment reconstruction 20.
Slide 12: Operational and IR questions
Operational questions IR & financial questions Aleksandr Timofejev Taavi Gröön CEO CFO Member of the Management Board Member of the Management Board
Slide 13: Subscribe to stock exchange releases
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