Slide 1: Q1 2026 Sales
\Jusion Q1 2026 Sales t April 21, 2026)
Slide 2: Agenda
Agenda 01 02 03 04 Introduction Business Outlook Q&A Highlights Olivier Gernandt Thierry Gadou Thierry Gadou Thierry Gadou & Investor Relations Chairman & CEO Chairman & CEO Thierry Lemaitre Officer 2
Slide 3: Disclaimer
Disclaimer This presentation contains unaudited financial information. In addition, this presentation includes performance indicators restated for the IFRS accounting impact of the Walmart US contract. The Group presents these restated performance indicators to allow investors to better understand t
Slide 4: Q1 2026 Revenue
Record Q1 2026 Continued FY 2026 Q1 2026 Revenue VAS Increase Outlook Revenue €294m Adjusted Revenue €51m VAS Sales +15% to +20% +26% YOY (+36% at (+53%; 17% of sales) Adj. Revenue Growth constant FX& Tariff) (at constant FX & Tariff) €28m Recurring VAS €316m Order Entries (+73%; 9.5% of sales) +40%
Slide 5: Business Highlights
Business Highlights Q1 2026 Sales
Slide 6: Strong Q1 activity
Strong Q1 activity Sales in €m • Strong growth at +26% in adjusted revenue 294 • IFRS Revenue of €289m (+34%) • At constant exchange rates and tariffs, adjusted +26% revenue growth stood at +36% 233 • Q1 2026 order intake of €316m in line with expectations • VAS Sales at €51m (+53%) Q1 2025 Q1 2026
Slide 7: Q1 Sales growth in North America and Europe
Americas/APAC EMEA Q1 Sales growth in North €m America and Europe 294 233 +26% • AMERICAS/APAC: 66% of adjusted sales 99 (€195m) for +37% growth mainly driven by the United States. 90 • EMEA: 34% of adjusted sales (€99m) generated in EMEA, up +10%. The increase does not yet reflect the high 195 leve
Slide 8: The strategic partner of the digital transformation of Carrefour
The strategic partner of the digital transformation of Carrefour 1,300 Hyper & Supermarkets in France to be deployed with EdgeSense, Captana and the Vusion Cloud platform 3-year exclusivity in Europe Joint Innovation Center with Carrefour Next Retail Experience Center 8
Slide 9: Expansion of the Walmart Strategic Partnership into Mexico
Expansion of the Walmart Strategic Partnership into Mexico All Walmart Express stores fully deployed by the end of 2026 Expansion planned to all Walmart Supercenters A pilot deployment meant to take place in the Bodega format. 9
Slide 10: Strong growth in VAS
Strong growth in VAS Q1 annualized recurring +53% in €m revenue at €111m per year (+60%) 51 +53% growth in 2025 at €51m (17% of sales) Recurring VAS at €28m, up +60% vs. Q1 2025, 23 +46% 33 driven by strong momentum in Vusion Cloud 16 Non-recurring VAS at €23m, up +46% vs. Q1 2025, supported by soli
Slide 11: Strong adoption of our Cloud platform
Strong adoption of our Cloud platform In millions of Cloud Devices 435m ESLs are now connected to +131% the Vusion platform, vs. 188m in Q1 2025 (+131%) 435 Strong growth driven by: New large-scale rollouts 188 Migration of the installed based in existing markets Select Cloud customers Q1 2025 Q1 20
Slide 12: Outlook FY 2026
\/usion Outlook FY 2026
Slide 13: 2026 Outlook
2026 Outlook Adj. Revenue (€m) +15 to +15 to +20% Group Adjusted Revenue growth expected in FY +20% 2026 at constant Forex and Tariffs H1 ≃ H2 (€800-900m each), with 1,527 growth expected to be stronger in the first half 1,010 VAS Revenue to grow 2x faster 805 than total Group Revenue 621 Profitabil
Slide 14: Approval of 2025 Consolidated Financial Statements
Approval of 2025 Consolidated Net income in IFRS in €m Consolidated Financial Statements +€58m Following the completion of the analysis of unrealized foreign exchange positions and the audit work, an additional unrealized foreign exchange gain of €58 million was recognized in the consolidated financ
Slide 15: Q&A
Q&A Q1 2026 Sales
Slide 16: Appendix: Note on the IFRS Restatements related to the Walmart contract
Appendix: Note on the IFRS Restatements related to the Walmart contract Adjusted figures reflect the reported financials before adjusting for certain non-cash IFRS restatements related to the Walmart contract. These adjustments only impact the Americas & Asia-Pacific region. Several IFRS restatement