Slide 1: Corporate Presentation
Corporate Presentation 31/12/2025 www.flexopack.com
Slide 2: Company Information
Company Information Founded in 1979. Publicly Traded in Athens Stock Exchange since 1996. Leading European producer of flexible barrier films for the meat, cheese, seafood industries and non-barrier shrink films for the bottling industry. Production plants in Greece, Poland and Australia. Over 90% o
Slide 3: Product Portfolio
Product Portfolio ✓ Shrink films for bottling industries ✓ Lamination films ✓ Thermoforming films ✓ Vacuum Pouches and Tubing ✓ Shrink Bags ✓ Vacuum Skin Packaging films ✓ Barrier and high barrier FFS films ✓ Barrier and high barrier films for Liners ✓ Customized film structures 3
Slide 4: Highlights
Highlights Thous. € 12M-2025 D Sales 163.768 4,6% EBITDA 25.861 25,2% EBT 15.375 9,3% EAT 11.217 5,1% Shareholders Equity 139.510 6,4% Total Assets 221.209 -1,2% 4
Slide 5: 2025 Overview
2025 Overview Important milestones of the year 2025: ❑ 91% of our business is outside of Greece ❑ Continuous product development ❑ Further expansion of sales team and distribution network ❑ Investments in fixed assets of EUR 8,5 Mil. for the Group ❑ Incorporation of a new trading company in Spain un
Slide 6: Subsidiaries
Subsidiaries FLEXOPACK TRADE FLEXOPACK FLEEXOPACK POLSKA AND SERVICES DOO INTERNATIONAL Sp.z.o.o. BEOGRAD LIMITED Poland Serbia Cyprus (100%) (100%) (100%) FLEXOPACK IRELAND FLEXOPACK USA INC. FLEXOPACK FRANCE FLEXOPACΚ FLEXOPACK PTY LTD FLEXOPACΚ TRADE FLEXOPACK SPAIN SL LIMITED SARL PROPERTIES PTY
Slide 7: Affiliates
Affiliates AFFILIATES Progressive Plastics Limited Inova S.A. VLACHOS S.A. Manufacturing of plastic Rigid Packaging – Bag-in-Box Rotogravure Printer packaging Greece Greece New Zealand (50%) (47,71%) (34%) 7
Slide 8: Consolidated Financials
TURERS = PACKAGING SOLUTIONS hay CONSOLIDATED FINANCIALS a9 Oo 8
Slide 9: Income Statement
Income Statement GROUP COMPANY Thous. € 12M-2025 12M-2024 D 12M-2025 12M-2024 D Sales 163.768 156.593 4,6% 117.973 119.085 -0,9% Gross Profit 45.578 39.338 15,9% 24.349 27.775 -12,3% Gross Profit Margin 27,8% 25,1% 20,6% 23,3% EBITDA 25.861 20.658 25,2% 14.599 17.711 -17,6% EBITDA Margin 15,8% 13,2%
Slide 10: Country Turnover Breakdown
Country Turnover Breakdown GROUP Thous. € 12M - 2025 12M - 2024 % Greece 14.625 15.643 -6,5% % of total sales 8,9% 10,0% Europe 68.599 67.207 2,1% % of total sales 41,9% 42,9% Other Countries 80.544 73.743 9,2% % of total sales 49,2% 47,1% Total Exports 149.143 140.951 5,8% % of total sales 91,1% 90
Slide 11: Cash Flow
Cash Flow Thous. € 12M-2025 12M-2024 Earnings before taxes 15.375 14.063 Adjustements 10.741 7.134 Gross Cash Flow 26.116 21.197 Change in Working Capital (10.642) (7.317) Income tax paid (3.633) (3.204) Operating Cash Flow 11.841 10.676 Cash Flow from Investment (9.865) (19.968) Net Cash Flow Befor
Slide 12: Capital Management
Capital Management GROUP COMPANY Thous. € 12M-2025 12M-2024 12M-2025 12M-2024 Long-term debt obligations 37.295 43.055 34.138 38.829 Short-term bebt obligations 8.319 8.110 6.391 6.148 Total bank debt 45.615 51.165 40.529 44.977 Liabilities for Leases 934 1.169 612 751 Total Debt 46.548 52.334 41.14
Slide 13: CAPEX
B FLEXG? INNOVATORS = MANUFACTURERS = PACKAGING SOLUTIONS GROUP Thous. € 2021 2022 2023 2024 2025| TOTAL Sales 114.181 151.012 153.091 156.593 163.768] 738.645 CAPEX 3.187 13.490 15.923 22.054 8.456] 63.111 % On Sales 2,8% 8,9% 10,4% 14,1% 5,2%|__8,5% : a9 Oo 8
Slide 14: Statement of Financial Position
Statement of Financial Position Thous.€ 12M-2025 12M-2024 D ASSETS Tangible & Intangible Assets 89.626 89.021 0,7% Investments in Associate Companies 9.910 8.320 19,1% Other L.T.assets 1.587 2.260 -29,8% Total Non Current Assets 101.123 99.601 1,5% Inventories 61.774 54.942 12,4% Trade Debtors 21.75
Slide 15: Disclaimer
Disclaimer This presentation contains public available information, serves only informative purposes and it does not form or can either be referred as a buy, sell or hold encouragement for shares. Investors must decide upon their investments based on their own investing preferences, financial status
Slide 16: www.flexopack.com
FLEXOPACK S.A. Ifestou 36, Thesi Tzima, Koropi, 19400 GREECE T +30 21 0668 0000, F +30 21 0662 6583 info@flexopack.com FLEXOPACK POLSKA SP. z.o.o. Tragamin 17, Malbork, 82-200, Polska T +48 (55)2720048, F +48 (55)2731806 FLEXOPACK PTY LTD 17 Dixon Street, Yatala, QLD, 4207 AUSTRALIA T +61 73386 2999