Slide 1: Results for 6 months of 2026
RESULTS FOR 6 MONTHS OF 2026 24/08/2026
Slide 2: INVL Technology overview
2 „INVL Technology“ overview On 14 July 2016, the Bank of Lithuania granted INVL Technology a permit to operate as a CEF for 10 years with a possible extension for 2 more years. On 5 INVL Technology operates as a closed- February 2026, the Extraordinary General end fund (CEF) which invests in and IN
Slide 3: Structure of the portfolio companies of INVL Technology (30 June 2026)
3 Structure of the portfolio companies of INVL Technology (30 June 2026)* * NRD Bangladesh Ltd. is in the process of liquidation.
Slide 4: Members of INVL Technology Investment Committee
Members of INVL Technology Investment Committee Kazimieras Tonkūnas Vytautas Plunksnis Vida Tonkūnė Nerijus Drobavičius Co-founder & managing Member of the Board and Head Partner of INVL Technology, Member of the Investment partner of INVL Technology of the Private Equity Unit of Member of the Inves
Slide 5: INVL Technology shareholder structure
5 INVL Technology shareholder structure 30 June 2026, a total of 3,783 shareholders owned shares of INVL Technology. Shareholders who held title to more than 5% of INVL Technology’s authorized capital and/or votes as of 30 June 2026 Number of shares held Share of the Own shares Name of the sharehold
Slide 6: INVL Technology timeline
6 INVL Technology timeline Period of investment Period of value creation Period of exit 2016-2021 2021-2024 2024-2028 2015 2016 2019-2021 2024 2026*-2028 • INVL Technology and BAIP Group merge and • INVL Technology obtains • INVL Technology completes • Start of exit • *The term has been continue ope
Slide 7: Net asset value and stock information of INVL Technology
7 Net asset value and stock information of INVL Technology 6 5,4 5,52 5 4,29 3,61 4,96 4 2,99 3,17 2,77 3,86 3 2,3 2,38 1,99 1,96 1,96 3,22 2 1,62 2,74 2,01 2,08 2,16 1,8 1,76 1,76 1,9 1 1,51 1,43 0 Stock price in the market, EUR Net asset value per share, EUR 08-07- 31-12-2015 14-07-2016 31-12-2016
Slide 8: History of shares trading
History of shares trading Share price, Eur 6 months of 2024 6 months of 2025 6 months of 2026 Open price, EUR 1.90 3.22 3.88 High price, EUR 3.78 4 5.05 Low price, EUR 1.80 3.12 3.84 Average price, EUR 2.58 3.52 4.41 Last price, EUR 3.22 3.86 4.96 Turnover, units 224,749 133,920 78,546 Turnover, EUR
Slide 9: Key financial figures of INVL Technology
9 Key financial figures of INVL Technology NAV, EUR 31-12-2024 31-12-2025 30-06-2026 NAV 51,432,175 64,624,072 66,106,720 NAV per share 4.2896 5.4013 5.5188 Key figures, thous. EUR 6 months of 2024 6 months of 2025 6 months of 2026 Change in the fair value of financial assets (446) 92 (23) Dividends
Slide 10: Financial assets of managed companies
10 Financial assets of managed companies Financial asset, thous. Eur Company 31-12-2025 30-06-2026 NRD Cyber Security (includes CTI Balanced, UAB) 23,748 22,851 NRD Companies (includes Norway Registers Development AS, NRD Digital) 16,935 16,776 Novian (includes Novian Technologies, Novian Systems, N
Slide 11: Dynamics of financial assets, thous. EUR
11 Dynamics of financial assets, thous. EUR Dividends(-)/ Company 31-12-2016* 30-06-2026 Internal rate of return** Investments (+) NRD Cyber Security 1,908 (6,300) 22,851 37.1% NRD Companies 2,870 (810) 16,776 21.0% Novian 11,665 (2,020) 30,471 12.1% Of which Technology and digitization area 6,691 (
Slide 12: Aggregated financial indicators of INVL Technology portfolio companies
12 Aggregated financial indicators of INVL Technology portfolio companies, thous. EUR Aggregated EBITDA** Aggregated revenue 8 000 90 000 7 000 80 000 6 000 70 000 60 000 5 000 50 000 4 000 40 000 3 000 30 000 2 000 20 000 10 000 1 000 0 0 2022 2023 2024 2025 2026 -1 000 2022 2023 2024 2025 2026 H1
Slide 13: INVL Technology companies' activities geography
13 INVL Technology companies‘ activities geography In first half of 2026 INVL Technology companies carried out projects in 65 countries around the world
Slide 14: Revenue by country of INVL Technology
14 Revenue by country of INVL Technology 6 MONTHS OF 2025 6 MONTHS OF 2026 19% Lithuania 20% Lithuania Other European Other European 59% countries 59% countries 22% 21% Non-European Non-European countries countries
Slide 15: Financial results of managed companies for 6 months of 2026
15 Financial results of managed companies for 6 months of 2026
Slide 16: NRD Companies Group
INU TECHNOLOGY NRD Companies Group
Slide 17: Key profit (loss) items, thous. Eur
Key profit (loss) items, thous. Eur NRD Companies* 6 months of 2025 6 months of 2026 Revenue 5,589 6,424 Gross profit 2,373 3,005 EBITDA 680 1,070 EBIT 519 891 Net profit (Loss) 264 651 * The unaudited consolidated results of NRD Companies group are presented. The audits of standalone financial stat
Slide 18: Key balance sheet items, thous. Eur
18 Key balance sheet items, thous. Eur NRD Companies* 31-12-2025 30-06-2026 Tangible assets 428 329 Intangible assets 103 59 Other non-current assets 21 21 Current assets 6,348 7,329 Of which cash 1,137 2,405 Total assets 6,900 7,738 Equity 3,079 2,844 Non-current liabilities 165 195 Of which financ
Slide 19: NRD Companies key financial results, thous. Eur
19 NRD Companies key financial results, thous. Eur Consolidated revenue Consolidated EBITDA* 3 000 14 000 2 500 12 000 2 000 10 000 1 500 8 000 6 000 1 000 4 000 500 2 000 0 -500 2022 2023 2024 2025 2026 0 2022 2023 2024 2025 2026 -1 000 H1 H2 H1 H2 Thous. EUR 6 months of 2022 6 months of 2023 6 mon
Slide 20: NRD Companies revenue by country, sector and line of business
20 NRD Companies revenue by country, sector and line of business 6 MONTHS OF 2026 6 MONTHS OF 2026 6 MONTHS OF 2026 5% 5% Registry Lithuania Software 12% authorities 13% Solutions 24% Government 47% 49% Other European institutions countries IT & 20% Professional Financial Non-European institutions 8
Slide 21: NOVIAN Group
Offices operate in 6 countries Norway Estonia Latvia Lithuania Moldova NOVIAN Group Rwanda
Slide 22: Key profit (loss) items, thous. EUR
Key profit (loss) items, thous. EUR Novian* 6 months of 2025 6 months of 2026 Revenue 12,503 18,686 Gross profit 3,890 4,844 EBITDA 1,155 1,980 EBIT 645 1,570 Net profit (Loss) 202 1,043 * The unaudited consolidated results of Novian group are presented. The standalone financial statements for 2025
Slide 23: Key balance sheet items, thous. EUR
23 Key balance sheet items, thous. EUR Novian* 31-12-2025 30-06-2026 Tangible assets 1,020 693 Intangible assets 5,223 5,204 Other non-current assets 520 335 Current assets 12,758 16,106 Of which cash 2,322 3,442 Total assets 19,521 22,338 Equity 6,131 7,170 Non-current liabilities 1,941 1,538 Of wh
Slide 24: Novian group main financial figures, thous. EUR
24 Novian group main financial figures, thous. EUR Consolidated revenue Consolidated EBITDA* 50 000 4 500 45 000 4 000 40 000 3 500 35 000 3 000 30 000 2 500 25 000 2 000 20 000 15 000 1 500 10 000 1 000 5 000 500 0 0 2022 2023 2024 2025 2026 2022 2023 2024 2025 2026 H1 H2 H1 H2 Thous. EUR 6 months
Slide 25: Novian group revenue by country, sector and line of business
25 Novian group revenue by country, sector and line of business 6 MONTHS OF 2026 17% 6 MONTHS OF 2026 6 MONTHS OF 2026 10% Software B2B* solutions 17% Lithuania 9% 21% B2G* 37% IT & 21% 62% Other European Professional Finance countries Services 5% 48% IT solutions 48% Academic Non-European countries
Slide 26: NRD Cyber Security
($) NRD Cyber Security Ay Pon ($) NRD Cyber Security NRD Cyber Security Africa ee eel PE] +i a ee oe OG | —
Slide 27: Key profit (loss) and key balance sheet items, thous. EUR
27 Key profit (loss) and key balance sheet items, thous. EUR NRD Cyber Security* 6 months of 2025 6 months of 2026 Revenue** 6,002 6,197 Gross profit** 2,085 2,387 EBITDA 871 1,064 EBIT 798 1,003 Net profit (Loss) 827 903 * The unaudited results of NRD Cyber Security are presented. The financial sta
Slide 28: Key Balance Sheet Items, thousand EUR
28 Key Balance Sheet Items, thousand EUR NRD Cyber Security* 31-12-2025 30-06-2026 Tangible assets 182 169 Intangible assets 3 - Other non-current assets 69 70 Current assets 4,826 5,580 Of which cash 2,567 2,377 Total assets 5,080 5,819 Equity 1,952 1,053 Non-current liabilities 18 18 Of which fina
Slide 29: Key financial figures of NRD Cyber Security, thous. EUR
29 Key financial figures of NRD Cyber Security, thous. EUR Consolidated revenue Consolidated EBITDA** 18000 2500 16000 14000 2000 12000 1500 10000 8000 1000 6000 4000 500 2000 0 0 2022 2023 2024 2025 2026 2022 2023 2024 2025 2026 H1 H2 H1 H2 Thous. EUR 6 months of 2022 6 months of 2023 6 months of 2
Slide 30: NRD Cyber Security revenue by country, sector and line of business
30 NRD Cyber Security revenue by country, sector and line of business 6 MONTHS OF 2026 6 MONTHS OF 2026 1% 6 MONTHS OF 2026 Software solutions 17% 16% Lithuania B2B* 21% 21% IT & Professional B2G* 31% 15% Other European Services 69% IT solutions countries Finance 62% 47% Non-European Managed IT coun
Slide 31: Important information for closed-end investment company (CEF) INVL Technology
31 Important information for closed-end investment company (CEF) INVL Technology Investments in the shares of closed-end investment companies (hereinafter You should also carefully read closed-end investment company‘s ’s may be referred as “CEF“) are associated with investment risk and others Prospe
Slide 32: Thank you for your attention
THANK YOU FOR YOUR ATTENTION INVL TECHNOLOGY Gynėjų Str. 14, 01110 Vilnius, Lietuva www.invltechnology.lt info@invltechnology.lt