Slide 1: Financial Results Q4 & FY 2025
FINANCIAL RESULTS Q4 & FY 2025 February 26, 2026 viridiengroup.com cgg.com
Slide 2: 2025: Delivering growth and disciplined deleveraging
2025: Delivering growth and disciplined deleveraging FY 2025 performance Key takeaways Profitability Seg. Revenues GEO EDA library $1,165m Seg. adj. EBITDAs $551m market share up witnessing strong traction +21% +4% $71m IFRS Net Income +40% Net Cash Flow Above $107m SMO restructuring plan Successful
Slide 3: Key business highlights
Q4 & FY 2025 3 Key business highlights cgg.com 3
Slide 4: Geoscience: Solid revenue growth, alongside further productivity gains
GEOSCIENCE Solid revenue growth, alongside further productivity gains Segment revenue ($M) Backlog ($M) +10% 136 351 216 227 256 128 184 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec. 31, 2025 +3% 444 404 Total production / employee ($k) 35 43 107 111 387 Q4 2024 Q4 2025 FY 2024 FY 2025 34
Slide 5: A differentiated business model powered by elite talent and world-class computing
GEOSCIENCE A differentiated business model powered by elite talent and world-class computing Fueling a diversified and resilient Structural competitive advantages revenue mix Highest expertise 34% 36% 32% ▪ 8,000+ post-graduate applicants (2025) 66% <1% acceptance rate 32% (1) ▪ 77 peer-reviewed tec
Slide 6: Earth Data: Excellent year supported by high-quality projects and a strong existing library
EARTH DATA Excellent year supported by high-quality projects and a strong existing library Segment revenue ($M) Library net book value $494m (at end-December 2025 - IFRS) +6% Split by age 8% 1% Work in progress 13% Up to 1 year old Up to 2 years old 16% 62% Up to 3 years old Up to 4 years old -23% 4
Slide 7: Strong Cash EBITDA and returns driven by a disciplined asset-light approach
EARTH DATA Strong Cash EBITDA and returns driven by a disciplined asset-light approach and diversified portfolio $178m Cash EBITDA 2.4x Revenues/Capex Share of 2025 Project EDA capex examples Extracting new value from legacy data ▪ NVG South reprocessing through reprocessing ▪ Offshore Côte d’Ivoire
Slide 8: Resilient land activity, despite deferral of some deliveries to 2026
SENSING & MONITORING Resilient land activity, despite deferral of some deliveries to 2026 Segment revenue ($M) Land +2% -5% -62% 157 160 55 21 Q4 2024 Q4 2025 FY 2024 FY 2025 330 -34% 315 Marine -19% -6% 117 100 94 66 29 28 Q4 2024 Q4 2025 FY 2024 FY 2025 Q4 2024 Q4 2025 FY 2024 FY 2025 8
Slide 9: Robust core, accelerating in new markets and disciplined execution
SENSING & MONITORING Robust core, accelerating in new markets and disciplined execution Largest installed based globally ~50% global market share Robust core business Targeted new product launches Accel drop node ~80% of SMO revenue Increasing services revenues c.15% of core revenue New markets Infr
Slide 10: Financial performance review
Q4 & FY 2025 10 Financial performance review cgg.com 10
Slide 11: Segment revenue up +4% YoY, fueled by Data, Digital & Energy Transition
Segment revenue(1) up +4% YoY, fueled by Data, Digital & Energy Transition Segment revenue ($M) +4% 1,165 1,117 • Data, Digital & Energy Transition 315 330 +8% year-on-year vs FY 2024 -18% • Sensing & Monitoring 339 277 787 850 -5% year-on-year vs FY 2024 100 66 238 211 Q4 2024 Q4 2025 FY 2024 FY 20
Slide 12: Segment adjusted EBITDAs up +21% YoY, with efficiency gains across all business lines
Segment adjusted EBITDAs(1) up +21% YoY, with efficiency gains across all business lines Segment adjusted EBITDAs ($M) +21% • Data, Digital & Energy Transition 551 65% adj. EBITDAs margin, +640 bps 32 ▪ GEO: higher revenue, continued employee productivity gain 455 ▪ EDA: higher revenue, no remaining
Slide 13: IFRS Net income up +40% YoY, despite a significant negative IFRS15 impact
IFRS Net income up +40% YoY, despite a significant negative IFRS15 impact Segment (in millions of $) Q4 2025 Q4 2024 FY 2025 FY 2024 Revenue 277 339 1,165 1,117 Adjusted EBITDAs 135 157 551 455 EBITDAs 139 128 556 422 IFRS (in millions of $) Q4 2025 Q4 2024 FY 2025 FY 2024 IFRS15 timing effect Reven
Slide 14: Net Cash Flow nearly doubled YoY
Net Cash Flow nearly doubled YoY in millions of $ Q4 2025 Q4 2024 FY 2025 FY 2024 FY 2024 to FY 2025 Net Cash Flow bridge Segment EBITDAs 139 128 556 422 Incl. EDA payables Incl. the end of vessel Incl. lower phasing penalties, Income taxes -2 -2 -16 -12 EDA capex and PEMEX receivables the 2024 Indi
Slide 15: Strong deleveraging momentum across recent quarters
Strong deleveraging momentum across recent quarters -$230 m YoY at constant FX vs Dec. 2024 2025 deleveraging actions 1,080 ▪ March: bond refinancing at reduced principal 31 908 ▪ Q4: $97m USD-equivalent bond principal redemption 849 13 13 ▪ December: $28m asset-backed facility repayment 601 496 $58
Slide 16: Outlook
OUTLOOK 16 cgg.com 16
Slide 17: 2026 perspectives: $100m Net Cash Flow
2026 perspectives Outlook Financial Objective ▪ Short-term, energy price volatility may lead to Assuming a comparable temporary industry caution - softer activity business environment expected in H1, with recovery in H2 $100m Net Cash Flow including planned Phase 1 US HPC ▪ Mid and long term, struct
Slide 18: Appendices
APPENDICES 18 cgg.com 18
Slide 19: Financial calendar
Financial calendar May 5, 2026 (after market) June 3, 2026 Q1 2026 results 2026 AGM July 30, 2026 (after market) November 3, 2026 (after market) Q2 2026 results Q3 2026 results 19
Slide 20: Shareholding Structure (end of December 2025)
Shareholding Structure (end of December 2025) Total number of shares FIL Investments Retail International 7,184,962 investors 10% 32% 58% Other institutional 90% Free float investors 20
Slide 21: Resilient, cycle-proof revenue performance
GEOSCIENCE Resilient, cycle-proof revenue performance Low historic volatility ($M) ✓ Well diversified client base, both geographically and by type (~17%) peak to trough adjusted for disposals ✓ Significant exposure to resilient development and production revenues 444 396 385 404 351 328 335 269 284
Slide 22: Premier sub-surface imaging capabilities with a global footprint
GEOSCIENCE Premier sub-surface imaging capabilities with a global footprint Global footprint of imaging centers Computing power (PFLOPS) Stavanger x2 Moscow Oslo Calgary London Paris Pau Vienna Beijing Cairo Houston Abu Dhabi Mumbai Villahermosa Oman Kuala Lumpur 690 Singapore Brunei Jakarta 510 520
Slide 23: Technologically advanced, up-to-date data library in the most prolific basins globally
EARTH DATA Technologically advanced, up-to-date data library in the most prolific basins globally ~$0.5bn net book value 1.4m km² 3D seismic data 17,522 km² OBN 3D seismic data Explore Viridien’s Geostore https://earthlibrary-geostore.viridiengroup.com/#/ 23
Slide 24: Key segment P&L figures
Key segment P&L figures (in millions of $) Q4 2025 Q4 2024 Change (%) FY 2025 FY 2024 Change (%) €/$ exchange rate 1.12 1.09 +3% 1.12 1.09 +3% Segment revenue 277 339 -18% 1,165 1,117 +4% DDE 211 238 -11% 850 787 +8% Geoscience 111 107 +3% 444 404 +10% Earth Data 100 131 -23% 406 383 +6% SMO 66 100
Slide 25: Other KPIs
Other KPIs (in millions of $) Q4 2025 Q4 2024 Change (%) FY 2025 FY 2024 Change (%) Geoscience backlog 256 351 -27% 256 351 -27% Total capex 35 81 -57% 207 285 -27% Earth Data library net book value 494 456 +8% 494 456 +8% 25
Slide 26: Reconciliation IFRS vs Segment
Reconciliation IFRS vs Segment (in millions of $) Q4 2025 FY 2025 IFRS 15 IFRS 15 Segment IFRS Segment IFRS adjustments adjustments Revenue 277 35 312 1,165 -94 1,071 EBITDAs 139 35 174 556 -94 461 Non-recurring charges and gains -4 -4 -4 -4 Adjusted EBITDAS 135 35 170 551 -94 457 Operating Income 6
Slide 27: Disclaimer
Disclaimer This presentation contains forward-looking statements, including, without limitation, statements about Viridien (“the Company”) and its plans, strategies, and prospects. These forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, th
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