Bittium Corporation · OMXHEX:BITTI
Bittium — Non-Deal Roadshow (January 2026)
34 slides from Bittium's roadshow presentation, January 2026
Slide 1: Shaping the Future with Technology
Shaping the Future with Technology • London Roadshow January 2026 with Cantor Fitzgerald Europe • Petri Toljamo, CEO Karoliina Malmi, Vice President, Communications & Sustainability
Slide 2: Introduction
Introduction Previous Work History • HT Growth Partners Oy, CEO, 2022–2025. • Keysight Technologies Inc., NEMO Wireless Network Testing, Vice President and Keysight Technologies Finland Oy, Managing Director and Chairman of the Board, 2017–2022. • Anite Finland Oy, Managing Director and Anite Networ
Slide 3: About Bittium
About Bittium Headquarters Listed in Founded in Employees Offices in Bittium offers high-technology in Nasdaq Helsinki Finland, UK, products and services worldwide. We 1985 500+ Oulu Germany, operate in growing markets, where Finland USA BITTI advanced technology provides a competitive advantage. Wi
Slide 4: Business Segments
Business Segments Engineering Services Bittium net sales in 2024 Defense & Security 17% Medical 23% 60% Defense & Security Medical Engineering 4 © Bittium 2026
Slide 5: Group Financial Development January-September
Bittium Corporation | 3Q 2025 Review Group Financial Development January-September 70,0 15,0 % 9,0 60,0 +25.7% 7,0 10,0 % 50,0 1-9/2025 5,0 5,0 % 40,0 Net Sales Y-on-y 3,0 0,0 % 30,0 1,0 20,0 -5,0 % -1,0 10,0 -10,0 % -3,0 0,0 1-9 2023 1-9 2024 1-9 2025 -5,0 -15,0 % 1-9 2023 1-9 2024 1-9 2025 Service
Slide 6: Updated Financial Outlook for 2025
Bittium Corporation | Outlook Updated Financial Outlook for 2025 On 29 December 2025, Bittium Corporation raised its financial outlook for 2025. The reason for the change is the realization of larger than anticipated deals in the Defense & Security Business Segment at the end of the year, driven by
Slide 7: Seamless Communication Architecture Across the Battlefield
Defense & Security Seamless Communication Architecture Across the Battlefield Partner for the Finnish Defence Forces - a key solution supplier for their M18 C5 system 7 © Bittium 2026
Slide 8: Solutions for Seamless & Resilient Communications
Solutions for Seamless & Resilient Communications Bittium TAC WIN Bittium Tough VoIP Broadband & mobile IP Voice over IP and network as backbone routing in tactical networks Waveforms for tactical Bittium Tough SDR communications Next-generation • Bittium TAC WIN tactical radios • Bittium NBWF • ESS
Slide 9: Seamless MANET from Edge to Core as the Foundation for Hybrid Networking
Seamless MANET from Edge to Core as the Foundation for Hybrid Networking Homeland Support Area HOMELAND | STRATEGIC CORE SUPPORT AREA | TACTICAL CORE COMBAT ZONE | TACTICAL EDGE C MOBILE NETW PUBLI OR K 5G/6G UNMANNED 5G/6G VEHICLES 5G/6G BRIGADE/DIVISION MOBILE NAVAL COMMAND POST COMMAND POSTS AIR
Slide 10: Shaping Tomorrow's Defense – Together
Shaping Tomorrow’s Defense – Together Finnish Defence Forces Estonian Defence Forces Croatian Armed Forces Lockheed Martin European country Cooperation since 1989 Modernization of Land Navy and Land communications Two framework agreements as new customer and in partnership since communications start
Slide 11: Bittium Licenses Its Tough SDR Technology to Spanish Indra Group
Defense & Security Bittium Licenses Its Tough SDR Technology to Spanish Indra Group • Bittium and Spanish Indra Group signed an agreement for licensing of Bittium Tough SDR technology to Indra. • First purchase order of EUR 50 million according to the agreement has been placed, causing also a positi
Slide 12: Secure Mobile Communications on All Platforms
• Secure Mobile Communications on All Platforms 12 12 © Bittium 2026
Slide 13: Bittium Tough Mobile 3
Defense & Security Bittium Tough Mobile 3 The most secure phone in the market Product introduction • 5G smart phone based on AndroidTM • Featuring Bittium’s quantum-safe security technology and applications • EU R&D and manufacturing • Designed for EU and NATO certifications • Deliveries of the phon
Slide 14: Defense & Security: Financial Development and Main Events
Defense & Security Business Segment Financial Development and Main Events MEUR 50,0 Bittium Tough Mobile 3 launched +123.5 % Bittium TAC WIN Smartlink 360 launched 3Q/2025 Finland – Finnish Defence Forces 40,0 net sales y-on-y • NEW order in December for Bittium Tough SDR radios, and for further dev
Slide 15: Growth Drivers
Growth Drivers Increasing geopolitical tensions Digitalization of command-and-control systems NATO countries increasing defense funds Automation, AI, unmanned platforms Need for air defense modernization More demand for mobility and data throughput 6G 5G/6G/satellite hybrid networking Cybersecurity
Slide 16: Remote Monitoring and Diagnostics
Medical Remote Monitoring and Diagnostics
Slide 17: Core Product in Remote EKG Monitoring Market
Medical Business Segment Core Product in Remote EKG Monitoring Market • Approximately 2/3 of all arrhythmias are atrial Holter/remote EKG monitoring Bittium Faros fibrillation (AF) and there are 59.7 million market size 3 Among the top-3 remote EKG monitoring diagnosed sufferers worldwide.1 The numb
Slide 18: Strong Market Potential in Sleep Apnea
Medical Business Segment Strong Market Potential in Sleep Apnea Bittium Respiro Sleep apnea prevalence is very HSAT market size8-9 Home Sleep Apnea Testing (HSAT) Solution high4-7 USD 2.9 billion • 9–13% of general adult population • 30–60% of adults over 60–65 years • 50–70% of obese adults (BMI >3
Slide 19: Medical: Financial Development and Main Events
Medical Business Segment Financial Development and Main Events MEUR 14 +4.2 % Strategic decision to focus on 2 commercially ready product business areas: Cardiac and Sleep. 12 3Q/2025 net sales 10 y-on-y Cardiac 8 • Cooperation with Boston Scientific continued with new 6 -0.6 % • agreement for the n
Slide 20: Medical: Growth Drivers
Medical Business Segment Growth Drivers Medical Business Segment Digitalization and secure IoT The market of remote diagnostics and remote monitoring is growing Artificial Intelligence ECG devices market growth CAGR n. 8% HSAT market growth CAGR n. 14% 6G Technology development Superior quality in b
Slide 21: Wireless Embedded Solutions
Engineering Services Wireless Embedded Solutions
Slide 22: Productized services
Engineering Services Business Segment Productized services Bringing value to our customers 22 © Bittium 2026
Slide 23: Engineering Services: Financial Development and Main Events
Engineering Services Business Segment Financial Development and Main Events MEUR 12 • Ongoing customer projects are proceeding well, and new extension projects won 10 +11.5% • Cooperation with TerreStar continued regarding 3Q/2025 the satellite terminal concept based on the latest 8 net sales 3GPP s
Slide 24: Engineering Services: Growth Drivers
Engineering Services Business Segment Growth Drivers Bittium Engineering Services Embedded wireless devices Expertise wireless technologies and end2end product development Increasing number of connected devices Forerunner In complex entities 6G Continuous technology development Design and Life-Cycle
Slide 25: Shares and Shareholders
Shares and Shareholders
Slide 26: Share Price Development
Bittium Corporation | Shares and Shareholders Share Price Development Bittium Share Price & Volume 35,00 350000 CHANGE 300000 on 12.1.2026 30,00 250000 1mth……….+58 % 25,00 200000 3mth……….+129 % 20,00 6 mth………+275 % 150000 1 yr….........+392 % 15,00 5 yrs………..+440% 100000 10,00 50000 5,00 0 12.1.2026
Slide 27: Shareholders
Bittium Corporation | Shares and Shareholders Shareholders 10 LARGEST SHAREHOLDERS Shares % of shares 31.12.2025 and votes 31.12.2025 Shareholders……………….…… 27 147 1 Erkki Veikkolainen 1 825 243 5.11 Private ownership………….……69.1% 2 Ponato Oy 1 501 300 4.21 Pension and Insurance………... 9.6% 3 Juha Hulk
Slide 28: Accelerating International Growth
Accelerating International Growth
Slide 29: Towards Accelerated International Growth
Bittium Strategy 2026-2028 | The Journey Towards Accelerated International Growth Restoring Accelerating R&D Phase Current State Profitability International Growth 2015–2023 2025 2023–2024 2026 – • R&D in the center of the • Profitability • Strong momentum and • Accelerating International growth bus
Slide 30: Strong Position to Accelerate International Growth
Bittium Strategy 2026-2028 Strong Position to Accelerate International Growth 4 Pillars of the Growth Strategy Accelerating Technological Expanding to new Transformation to a international sales forerunner - markets and verticals data-driven, scalable and developing Strengthening in defense and prod
Slide 31: Long-term Financial Targets
Bittium Corporation Long-term Financial Targets On 23 September 2025, Average annual revenue growth the Board of Directors of Bittium 20–30 % Corporation approved the company's (revenue growth 13.2 % in 2024) updated long-term financial targets. The update is driven by the strong growth in the defen
Slide 32: Why to Invest in Bittium
Why to Invest in Bittium Significant short and long-term growth potential Strong megatrends driving market expansion Presence across all Business Segments in large, rapidly growing markets World-class next generation products and services Technological leadership in next generation, software-defined
Slide 33: Investor Calendar in 2026
Financial Statement 2025 19.2.2026 Investor 3Q 2026 29.10.2026 Annual Report 31.3.2026 Calendar in 2026 2Q 2026 AGM 7.8.2026 22.4.2026 1Q 2026 29.4.2026 33 © Bittium 2026
Slide 34: Where Trust Meets Innovation
Where Trust Meets Innovation