Auto1 Group Se · XETR:AG1
Auto1 — Q4 2025 Earnings Presentation
37 slides from Auto1's earnings presentation, Feb 25, 2026
Slide 1: Trading Update Q4 2025 & FY 2025
Trading Update Q4 2025 & FY 2025 25 February 2026
Slide 2: Disclaimer
Disclaimer IMPORTANT NOTICE For the purposes of this notice, “Presentation” means this document, its contents or any part of it. This Presentation does not, and is not intended to, constitute or form part of, and should not be construed as, an offer to sell, or a solicitation of an offer to purchase,
Slide 3: Highlights
[AUTOfJ|GROUP Highlights
Slide 4: 2025 Was a Record Year for AUTO1 Group
Highlights 2025 Was a Record Year for AUTO1 Group Group Units Sold Group Gross Profit EUR Million Group Adj. EBITDA EUR Million K Units Group GPU EUR Group Adj. EBITDA Margin % +22% +37% +81% YoY YoY YoY 991 2.4% 842 800 900 1,172 1,245 200 2% 1.7% 198 1,049 800 1,080 150 1.5% 700 690 650 700 899 725
Slide 5: Our Vertically Integrated Business Model Maximizes Value For Our Customers
Highlights Our Vertically Integrated Business Model Maximizes Value For Our Customers Lower Buying Higher Prices Lower Selling Processing Prices Cost Competitive Greater Financing Selection Rates Fast And Reliable Greater Delivery Convenience Increased Highly Trust Motivated Staff 5
Slide 6: AI + Used Car Market = AUTO1
Highlights AI + Used Car Market = AUTO1 Proprietary Unmatched Outstanding Pricing Data & AI Physical Trading Models Infrastructure Capabilities Europe’s largest private Market-Leading Robust balance sheet transaction dataset Supply, Logistics, Production and real-time capital and Delivery Network ma
Slide 7: Merchant Update
Merchant Update
Slide 8: Our Merchant Business Surges Ahead with Strong Unit and Profitability Growth
Merchant Update Our Merchant Business Surges Ahead with Strong Unit and Profitability Growth Merchant Units Sold Merchant Gross Profit EUR Million Merchant Gross Profit EUR Million K Units Merchant GPU EUR Merchant GPU EUR +7 % +5 % +20% YoY YoY YoY €976 €986 800 300 800 200 €942 741 188 +23% +17% €914
Slide 9: Our Active Merchant Base Continues to Break Records
Merchant Update Our Active Merchant Base Continues to Break Records Buying Merchants on AUTO1.com Average Basket # Unique Buyers, K # Purchased Cars Per Buyer +22% YoY 60 16 54.4 13.8 13.6 45 +23% 12 44.6 YoY 30 33.7 8 27.5 5.9 5.7 15 4 FY 2024 FY 2025 Q4 2024 Q4 2025 FY 2024 FY 2025 Q4 2024 Q4 2025
Slide 10: Our Pan-European Sourcing Footprint Continued to Grow
Merchant Update Our Pan-European Sourcing Footprint Continued to Grow Current Drop-off Network Number Newly Added Drop-Off Locations, Q4 2025 Existing Drop-Off Locations of Branches FY 2024 547 FY 2025 725 +178 Branches Added in FY 2025 10
Slide 11: Our Pan-European Logistics Network Enables Seamless Transactions Across Geographies
Merchant Update Our Pan-European Logistics Network Enables Seamless Transactions Across Geographies Total Cars Sold with Share of Cars Sold with Share of Cars Sold Cross Border Transport Services Transport Services with Transport Service K Units % % +29% YoY +11% +7% YoY 358 YoY 300 50% 55% 60 48 54
Slide 12: Merchant Financing Surged to a New High of Over €1bn
Merchant Update Merchant Financing Surged to a New High of Over €1bn Merchant Sales Financed # of Units Financed Merchant Financing EUR million K Units Availability Germany, France, Spain, +74% Austria, the Netherlands, YoY +73% Belgium, Poland, Sweden YoY 1,360 Markets Launched 124 +34% +38% 1,200
Slide 13: Retail Update
Retail Update
Slide 14: Outstanding Retail Business Growth Trajectory Since Launch
5 10 15 20 25 30 Q 1 20 Q 20 2 K Units 20 Q 20 3 20 Q 20 4 20 Q 20 Retail Update 1 20 Q 21 2 20 Q 21 3 20 Q 21 4 20 Q 21 Autohero Units Sold 1 20 Q 22 2 20 Q 22 3 20 Q 22 4 20 Q 22 1 20 Q 23 2 20 Q 23 3 20 Q 23 4 20 Q 23 1 20 Q 24 2 20 Q 24 3 20 Q 24 4 20 Q 24 21 1 20 Q 25 2 20 Q 25 3 20 Q 25 + 4 20
Slide 15: Autohero Surpasses the 100K Units Sold Milestone
Retail Update Autohero Surpasses the 100K Units Sold Milestone Autohero Units Sold Autohero Gross Profit EUR Million Autohero Gross Profit EUR Million K Units Autohero GPU EUR Autohero GPU EUR +36% YoY +20% +14% +40% YoY YoY YoY €2,605 €2,632 100 101.5 32 300 100 28.7 €2,163 268 €2,318 +65% 78 +61% Yo
Slide 16: We Are Growing Our Brand while Keeping Customer Satisfaction High
Retail Update We Are Growing Our Brand while Keeping Customer Satisfaction High Autohero Brand Awareness 67 % AUTOHERO NPS 33 32 30% 28 25% 26 20% Q1 Q2 Q3 Q4 2025 2025 2025 2025 Source: Nielsen Brand Tracker Weighted by population aged 18-64. Average for 9 Autohero markets 16
Slide 17: We Are Scaling AI-powered Damage Detection Technology
Retail Update We Are Scaling AI-powered Damage Detection Technology to Enhance the Effectiveness and Efficiency of Our Vehicle Inspections 5 of 12 ~90 % Refurbishment Instant Automatic Detection Centers of Exterior Damages Countries of Operation ● State-of-the-art AI powered CAT Scanners in Operation d
Slide 18: We Are Expanding Our Fulfillment Network to Maximize Convenience
Retail Update We Are Expanding Our Fulfillment Network to Maximize Convenience for Our Customers Pick-up Locations Average Delivery Time Days Express pick-up Cars are available within 72h 13% Faster Standard pick-up 11.5 YoY 10.0 153 Pick-up Points Total, at year end 2025 Q4 2024 Q4 2025 Average deli
Slide 19: Our Long Term Goals
Our Long Term Goals [AUTOfJ|GROUP
Slide 20: We Are Accelerating Towards Our Long Term Market Share Target
Our Long Term Goals We Are Accelerating Towards Our Long Term Market Share Target 219 220K Group Adj. EBITDA EUR Million 200K 180K 10 % Long Term Group Adj. EBITDA Margin % 5-9 % Adj. EBITDA 160K Market Share Margin Target Target 140K 2.4% 120K 198 3.1 % 100K 1.7% 80K 2025 60K 2.6 % AUTO1 Market Sha
Slide 21: Q4 2025 Financial Figures And FY 2026 Guidance
Q4 2025 Financial Figures And FY 2026 Guidance 21
Slide 22: Q4 & FY 2025 Financial Figures
Financials Q4 & FY 2025 Financial Figures Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 YoY FY2024 FY 2025 FY YoY Units Sold 183,083 204,046 200,498 218,617 219,110 19.7% 689,773 842,271 22.1% Revenue (€m) 1,699.9 1,942.9 1,970.6 2,124.8 2,134.3 25.6% 6,271.9 8,172.6 30.3% Average Selling Price (€) 9,2
Slide 23: Our Strong Profit Generation Outpaces Investments in Brand, Logistics and Talent
Financials Our Strong Profit Generation Outpaces Investments in Brand, Logistics and Talent EUR Million +107.0 +158.9 -54.9 -19.4 -74.8 -28.5 197.5 109.2 Adj. EBITDA Gross Profit Gross Profit Marketing Internal Employee Adj. EBITDA Other FY 2024 Unit Uplift GPU Uplift Costs Logistics Cost pre SDI FY 20
Slide 24: We Maintain a Strong Balance Sheet
Financials We Maintain a Strong Balance Sheet Total Cash No Corporate Inventory Financed through Captive Finance Financed through EUR Million Debt EUR Million our Inventory Assets Captive ABS ABS Facility Facilities EUR Million 852 630 1,200 900 78% 1,058 303 Merchant ABS LTV Merchant 83% Loans Inve
Slide 25: 2026 Guidance
2026 Guidance 2026 Guidance Unit Guidance Financial Guidance Units Group 940 - 1,000k Gross Profit EUR 1.1 - 1.2 bn Units Merchant 815 - 865k Adj. EBITDA EUR 250 - 275 m Units Autohero 125 - 135k 25
Slide 26: Appendix
Appendix [AUTOfJ|GROUP 26
Slide 27: Outstanding Growth Trajectory Since Foundation
Long Term Growth Dynamics Outstanding Growth Trajectory Since Foundation Group Units Sold 20% + Gross Profit 32% + YoY K Units YoY EUR Million 265 219 220 260 200 240 18 3 180 220 201 200 160 180 140 160 120 140 100 120 80 100 60 80 40 60 20 40 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Q4 Q4
Slide 28: 90% Of All Cars AI-Priced
AUTO1 Sourcing Advantages Our C2B Products Generate Superior Value For Our Selling Customers Our Brand Promises Brand Recognition by country Brand Trustpilot ● Hassle-free and fast online car appraisal Awareness Score ● Optimal prices based on Pan-European DE 65% 4.6 demand aggregation FR 56% 4.5 ●
Slide 29: AUTO1.com is the Most Compelling Sourcing Channel for Our Partners
Merchant AUTO1.com is the Most Compelling Sourcing Channel for Our Partners THE #1 PLATFORM FOR DEALERS ● >30,000 Cars in Stock ● Dedicated sales support ● Cars Immediately Available ● AI-based Recommendation Tools ● 24/7 Purchasing Experience ● Uniform quality standards ● Premium Return Right Super
Slide 30: Autohero Strengthens Its Footprint Across Europe
Retail Autohero Strengthens Its Footprint Across Europe By Offering An Outstanding Product To Customers A TRUSTED BRAND ● Highest Transparency Standards ● Large Multi Brand Selection of backed by In-house Refurbishment ● Standard 1 Year Warranty Immediately Available Inventory ● Return Guarantee (>16
Slide 31: We Benefit from Network Effects, Accelerating Unit and GPU Growth
Highlights We Benefit from Network Effects, Accelerating Unit and GPU Growth, While Scale Economies Drive Operating Leverage In-House Refurbishment Inventory & Selection Branch Network & Fulfilment Strong Balance Sheet Network Scalable Centralised Proprietary HQ Functions Transactional Data Effects Unit
Slide 32: Segment: Merchant (AUTO1.com)
Merchant: Financials Segment: Merchant (AUTO1.com) Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 YoY Q4 QoQ FY 2024 FY 2025 FY YoY Units Sold 162,530 182,062 176,674 191,632 190,364 17.1% (0.7%) 615,335 740,732 20.4% Revenue (€m) 1,347.5 1,560.5 1,555.2 1,656.6 1,641.2 21.8% (0.9%) 5,037.8 6,413.6 27.3
Slide 33: Segment: Retail (Autohero)
Retail: Financials Segment: Retail (Autohero) Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 YoY Q4 QoQ FY 2024 FY 2025 FY YoY Units Sold 20,553 21,984 23,824 26,985 28,746 39.9% 6.5% 74,438 101,539 36.4% Revenue (€m) 352.5 382.4 415.3 468.2 493.1 39.9% 5.3% 1,234.1 1,759.0 42.5% Average Selling Price (
Slide 34: Captive Finance Non-Recourse Funding: Step 1, Funding Assets
Captive Finance Captive Finance Non-Recourse Funding: Step 1, Funding Assets Financing SPVs External Lenders Senior + Junior Notes Mezzanine Notes ● Autohero Funding AUTO1 Group ● AUTO1 Car Funding ● Banks ● Merchant Finance ● Asset Management ● Finance Hero ● Funds ● Assets: Captive Finance Receiva
Slide 35: Captive Finance Non-Recourse Funding: Step 2, Debtors Pay
Captive Finance Captive Finance Non-Recourse Funding: Step 2, Debtors Pay Junior Notes / Financing SPVs Senior + External Lenders Risk Retention Mezzanine Notes ● Assets: Captive Finance Receivables AUTO1 Group ● Liabilities: ● Banks ● Senior notes ● Asset Management Servicing Fees + ● Mezzanine Not
Slide 36: Captive Finance Non-Recourse Funding: What is AUTO1 Group Exposure?
Captive Finance Captive Finance Non-Recourse Funding: What is AUTO1 Group Exposure? ● AUTO1 provides funds upfront to allow SPV to purchase receivables but has no subsequent obligation to commit further cash ● Base case is that AUTO1 Group makes a good return on captive finance structures: ● AUTO1 en
Slide 37: Investor Relations Contacts
Contacts Investor Relations Contacts Address Philip Reicherstorfer Bergmannstr. 72 Group Treasurer 10961 Berlin Tel. +49 170 556 9259 Maria Shevtsova E-Mail Head of Investor Relations ir@auto1-group.com 37