Kofola Ceskoslovensko As · PSECZ:KOFOL
Kofola Ceskoslovensko As — Q1 2026 Earnings Presentation
53 slides from Kofola Ceskoslovensko As's earnings presentation, Jun 2, 2026
Slide 1: Kofola Group Investor Presentation
2 JUNE 2026 KOFOLA GROUP INVESTOR PRESENTATION
Slide 2: Kofola Group
KOFOLA GROUP Is today one of the most important beverage producers in Central and Eastern Europe. CZK 2.38 bn ° Revenue 3M 2026 ® « e. 6) CZK 187.4 m vy EBITDA 3M 2026 ws 14 Production plants g Headquarters Ae @) Production 4,000+ Sa plants Employees 2i CZK per share = BoD proposal of dividend for 2
Slide 3: Our roots are in Czechoslovakia
OUR ROOTS ARE IN CZECHOSLOVAKIA . Production plants @ Offices Mnichovo Hradisté B. Ondragovka ‘ + - - & waa | Moravsiey Beroun ® Agricultural sites Straz “6. Hanugovice wh Krnov KORUNNi Frehal a Slatifiany mg @ ae Ostrava Libina fe] a satin cg . — * w — LITOVEL @ Novy sein zen Pierov amie, alta Raje
Slide 4: The Group's long-term ambition
THE GROUPS LONG-TERM AMBITION IS TO BE THE MARKET LEADER a, oO ® w wo Ea - CZECHIA SLOWAKIA SLOWENIA CROATIA Vv VY VY ¥ 2 1 2 Soft drinks market position
Slide 5: Our beverage portfolio covers all categories
OUR BEWERAGE PORTFOLIO COVERS ALL CATEGORIES Distributed and license brands S wm & O Category Most important own brands Carbonated Beverages AAd a Waters eVian _ VINCENTKA Non-carbonated Beverages ‘JuPIK NASTE DOMOWE Syrups @ Fresh & Salad Bars & Beers & Ciders odie HOBA InOVEL PRAGER’S @ . Other se
Slide 6: Long-term development
LONG-TERM DEWELOPMENT Revenue* (CZKm) EBITDA* (czkm) = Excl. acquisitions -®-EBITDA margin 16.7% 17.0% 16.7% 16.9% 16.7% 14.4% e 2. 14.1% - e ~ e 7 10.2% ———————_,, 1,851 igi6 1, 844 1,253 1,128 1,110 - 1,840 1,030 1,551 saaeg & Ra Y Vy s & vw Grey chart represents an acquisition effect between two
Slide 7: What's new
WHAT'S NEI The Rajec brand is entering the fast-growing functional water category with its new "Rajec 321" line, specifically designed to meet the needs of modern consumers. Inspired by professional sports but developed for everyday life, this product responds to the rising demand for beverages that
Slide 8: Sustainability report is part of the Annual report
Our Sustainability report is a part of the Annual report, which is available at our website.
Slide 9: Our mission
~S OUR MISSION If you love nature and the people around you, there’s nothing to worry about. You’ll always find a way.
Slide 10: Protection of water sources and local materials
0” La SOS Protection of i ~taa 0% water sources We believe in Local materials Waste utilization Smart packaging solution y=: friendly production processes Ag A
Slide 11: We strive to preserve water
= He WWESTRIVETOPRESERVEWATER. =~ RESOURCES FOR FUTURE GENERATIONS 54 ¥ = $a® ; é ts ee & In Rajecka Lesna and around OndraSov, : : together with local authorities and farmers, we are creating BIO certified sites. We take ? ies care of nature wherever we are at home. 4) SS In Slovakia, we establishe
Slide 12: Quality ingredients, which we learn to grow ourselves
QUALITY INGREDIENTS, WHICH WE Ve WE LOOK FOR DIRECT SOURCES OF LEARN T0 GROW OURSELWES WW We grow our own herbs We’re breaking into apple In 2023, we acquired a share and use them in our drinks. growing. We planted in the coffee plantations in We prefer local ingredients a special variety for Colomb
Slide 13: Modern technologies that ensure quality and healthiness
MODERN TECHNOLOGIES THAT Ve BEWERAGES ARE PRODUCED USING ENSURE uUALITY AND HEALTHINESS Thanks to High Pressure Pascalization, UGO juices do not lose their colour, taste or vitamins and last The filling of beverages on the aseptic line takes place in a sterile environment. As aresult, no preservativ
Slide 14: Reduce-reuse-recycle approach to packaging
WE TAKE A REDUCE-REUSE-RECYCLE APPROACH TO PACKAGING REDUCE We don’t pack We lighten XQ 75 million draft PET wachaci pints at all. [Pel Sele ileye REUSE We prefer We use returnable 1g reusable bottles and porcelain () packaging. tableware in HoReCa. POVRATNA tZ) (bos! RECYCLE Thanks to deposit retur
Slide 15: Waste is not the end for us, but often the beginning
er WASTE IS NOT THE END FOR US, (> BUT OFTEN THE BEGINNING The best waste is the waste Together with Biopekarna We give new life to old that does not happen. We use Zemanka, we can bake parasols. We can make reusable transport packaging healthy biscuits from the practical bags out of them. as well a
Slide 16: Energy, water, waste savings and Eko Gardens
Energy Water Waste Eko Gardens saving saving products
Slide 17: Vision 2030
VISION 2030 . YQ ways Sustainability Healthy Ce) Support for localities and agriculture products ® 09 o OV0lid = householder Customer’s first choice Independent and happy people
Slide 18: Kofola Group Results
KOFOLA GROUP RESULTS _— Ye
Slide 19: Kofola Group key 3M 2026 financial indicators
KOFOLA GROUP KEY 3M 2026 FINANCIAL INDICATORS" Revenue (CZKm) Revenue per main business segments (CZKm) 13.7% 2,380 —3M26 ™3M25 2,093 19.0% 5.3% ° (6.1%) 19.5% 1,421 1194 s Ff 317 301 281 296 361 302 —_ 3M26 3M25 CzechoSlovakia Adriatic Beers & Ciders Fresh & Herbs EBITDA (CZKm) EBITDA per main busi
Slide 20: Revenue development
REWENUE DEVELOPMENT Revenue by product line YTD (czkm) 19.2% ” 765 2.5% m3M26 @3M25 642 617 602 Carbonated beverages Waters Non-Carbonated Syrups Beers & Ciders Fresh&Salad bars Other* beverages Revenue by countries YTD (czkKm) ™3M26 &3M25 2.8% 1,362 1,325 64.1% 576 9.7% tgpCzech Republic Slovakia S
Slide 21: Key messages
KEY MESSAGES" ness ¢ Group‘s revenue increased by 287 CZKm (13.7%). ¢ Group‘s EBITDA higher by 24.7 CZKm (15.2%). ¢ Volumes higher by 11.9% (CS segment), 9.5% (Adriatic segment) and lower by 6.5% (Beers & Ciders segment). COSTS DEVELOPMENT ¢ Allmajor costs developed according to expected trends. * B
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Slide 23: Our business consists of four main segments
OUR BUSINESS CONSISTS OF FOUR MAIN SEGMENTS CzechoSlovakia S Fresh & Herbs Beers & Ciders Mhofola wRadenska BS vain
Slide 24: Revenue YTD | CzechoSlovakia
REVENUE YTD | CZECHOSLOWAKIA Revenue by packaging formats* (czkm) Sales in litres ("000) mAthome S&Onthego sOnpremise CZECHIA 3M26 3M25 Change 1,265 1,166 On premise 7 5,339 5,012 6.5% On the go 7 12,046 11,970 0.6% At home 7 74,216 71,303 41% Total 7 91,601 88,285 3.8%) SLOVAKIA 3M26 3M25 Change On
Slide 25: Revenue and EBITDA | CzechoSlovakia
REVENUE AND EBITDA| CZECHOSLOVAKIA @ Adjusted EBITDA (czkKm) Long-term view | Adjusted EBITDA (czkm) EBITDA EBITDA margin CoRevenue mmEBITDA -®-EBITDA margin 19.6% 19.4% 9 17.0% y 9 15.5% 15.1% — ° 8.4% 7.7% S an —e— 6,848 119 6,209 6,334 6,562 5,641 93 875 938 1,165 1,240 1,274 3M26 3M25 2022 2023
Slide 26: Revenue YTD | Adriatic
REWENUE YTD | ADRIATIC Revenue by packaging formats* (czkm) Sales in litres (‘000) mAthome mOnthego #On premise 305 On premise 7 4,259 3,776 12.8% On the go 7 3,542 3,189 11.1% At home 7 13,942 13,379 4.2% Total 21,743 20,344 6.9% On premise 7 1,201 1,097 9.5% On the go 7 1,215 1,177 3.2% At home 7
Slide 27: Revenue and EBITDA | Adriatic
REWENUE AND EBITDA | ADRIATIC Ss Adjusted EBITDA (czkKm) Long-term view | Adjusted EBITDA (czkm) . CoRevenue mm EBITDA -®-EBITDA margin HEBITDA- e EBITDA margin . 15.9% 15.4% 16.1% 12.9% 13.5% —e —~e- —e e o— % 1,681 8.9% 4.7% Lsi3 1,651 1,666 28 . 1,410 . 182 205 268 255 269 2022 2023 2024 2025 LTM
Slide 28: Fresh & Herbs: salad bars and fresh bars
CS Adriatic F&H B&C 25 Salad bars 34 Fresh bars
Slide 29: Fresh & Herbs | Leros and Premium Rosa
FRESH & HERBS* | LEROS AND PREMIUM ROSA Revenue (czKm)** mPremium Rosa m®Leros ™Pragerovy sady 144 a 138 3M26 3Me25 (( PREMIUM ROSA )} Producer of premium natural products such as syrups, juices and jams. Certified producer of medical-grade herbal teas with history dating back to 1954. Owner of the
Slide 30: Fresh & Herbs revenue and EBITDA
CzechoSlovakia Adriatic Fresh & Herbs Beers & Ciders Adjusted EBITDA (czkm) Long-term view | Adjusted EBITDA (czKkm) SEBITDA e@EBITDA margin CoRevenue @BEBITDA -®- EBITDA margin 5 11.4% 12.4% 10.9% 10.3% 9.7% 6.5% o— . 5 7.3% e —_— e 29 1,329 1,388 26 1,157 968 824 54 itt 144 146 143 3M26 3M25 2022
Slide 31: Performance YTD | Beers & Ciders
PERFORMANCE YTD* | BEERS & CIDERS BE Revenue by packaging formats (czkm)** Sales in litres (‘000) mOnTrade sm OffTrade Export Breweries 3M26 3M25 Change 264 OnTrade \ 4,190 4,510 (7.1%) 247 OffTrade 7 6712 6,322 6.2% Export \ 4,032 5,143 (21.6%) Total \ 14,934 15,975 (6.5%) Adjusted EBITDA (czkm) EB
Slide 32: Consolidated financial performance indicators
—<S 2 oO ~~ .° © . ; CONSOLIDATED FINANCIAL PERFORMANCE INDICATORS (- rw ar
Slide 33: Selected financial performance indicators
SELECTED FINANCIAL PERFORMANCE INDICATORS Net debt (czkm) Net debt / LTM adjusted EBITDA © Net debt / LTM adjusted EBITDA Cay 6,459 P cores Long-term goal 5,485 4,582 3.50x® 3.5% 3.02x® 2.61 @ voces eseseseseseseseseseseseseseseees 20x 31-03-26 31-12-25 31-03-25 31-03-26 31-12-25 31-03-25 Gross and
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Slide 35: M&A strategy | Where we invest?
M&A STRATEGY | WHERE WE INVEST? Authentic healthy raw materials Extension of our portfolio Mineral water A cm eds KORUNA od Strong love brands q \ Synergies with current business | Geographic expansion European countries up to 10 million inhabitants No. lore
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Slide 37: Goals 2026
9 GOALS 0 f° 2026 EBITDA CZK 1.8 - 1.9bn Revenue development 10%* Max CAPEX (% of EBITDA) 45 - 50%** Dividend per share paid out in 2026 CZK at Net debt / EBITDA 3.0 Ww. * 10% revenue growth including new acquisitions. Goal for organic revenue growth for FY 2026 is 4%. * The 2026 CAPEX goal - depend
Slide 38: Revenue development
— REWENUE DEVELOPMENT Period April 2026 vs April 2025 - Value April 2026 vs April 2025 - Volume 38
Slide 39: More about Kofola
MORE ABOUT KOFOLA
Slide 40: Our work is also appreciated by our surroundings
OUR WORK IS ALSO APPRECIATED BY OUR SURROUNDINGS LEMUR PR LEMUR Awards Kofola received the highest award, GRAND PRIX Golden Lemur, for its flood communication campaign "Let’s Bring the Barrels Home" and the #zlasky project for localities, as well as ist place in the Crisis Communication category. wy
Slide 41: We maintain a family spirit
WE MAINTAIN A FAMILY SPIRIT EWEN THOUGH WWE HAVE ACTIVITIES IN 6 COUNTRIES ON 2 CONTINENTS Slovenia “™ ! I Croatia = « I 4 Colombia
Slide 42: We are not afraid to enter new segments and learn new things
WE ARE NOT AFRAID TO ENTER NEIN SEGMENTS AND LEARN NEI THINGS 1990 2000 2010 2020
Slide 43: Overview of key acquisitions
WE SEEK AND UTILIZE OPPORTUNITIES AROUND US Overview of key acquisitions 2000 2010 2020 EE) © kofola’ Ea © ° | 2020 eae er | 2014 | imangaloy & | 2021 | pr feruiciet [201s | Poleghe | 2023 | Apple plantations | 20s | Fe aa ed Coffee Plantations ed 2017 | Fe) affe unove ® rm @ «2. ns (PES) semtex © P
Slide 44: What we have achieved in the last three years
WHAST INE HAWE ACHIEWED IN THE LAST THREE YEARS Through acquisitions, we We introduced our own new have entered two new brand of fruit juices and nectars, segments: brewing and Curiosa. vending machines. In addition to herbs, we are also learning how to grow ees and coffee. We have launched the cons
Slide 45: Stable ownership structure
STABLE OWNERSHIP STRUCTURE ALLOWS US TO FOCUS ON THE WW specoinse DEVELOPMENT OF THE GROUP | 672% Pe Free float (others) Radenska D, 4.98% d.o.o. Free float 118% (key management persons - excl. Lykos alfa owners) Currently 0.2 million shares at Prague Stock Exchange. Majority shares in hands of: ge
Slide 46: Shares owned by key management persons
SHARES OWNED BY KEY MANAGEMENT PERSONS Development in years by type of transaction Increase mDecrease 26,844 — 36,997 6,503 | | 37.884 — <— | 16,542 6,486 23,265 22,615 || = 19,064 3,861 = 22,321 — = 9.109 12,235 15,059 | , + Entitlement from Option scheme. 46
Slide 47: Appendix
APPENDIX
Slide 48: Results of Kofola Group | 3M 2026
RESULTS OF KOFOLA GROUP | 3M 2026 Revenue 2,380.1 - 2,380.1 Cost of sales (1,346.1) - (1,346.1) Gross profit 1,034.0 - 1,034.0 Selling, marketing and distribution costs (792.2) - (792.2) Administrative costs (271.2) - (271.2) Other operating income/(costs), net 20.1 (18.9) 12 Operating profit/(loss)
Slide 49: Group results comparison 3M
GROUP RESULTS COMPARISON 3M" (CzKm) 3M26 3M25 Change Change (%) Revenue 2,380.1 2,093.1 287.0 13.7% Cost of sales (1,346.1) (1,229.8) (116.3) 9.5% Gross profit 1,034.0 863.3 170.7 19.8% Selling, marketing and distribution costs (792.2) (729.3) (62.9) 8.6% Administrative costs (271.2) (162.6) (108.6)
Slide 50: Consolidated income statement
CONSOLIDATED INCOME STATEMENT* (CZKm) 3M26 2025** 2024% 2023"* 2022** 2021** 2020** Revenue 2,380.1 10,754.3 11,082.0 8,690.1 7,875.3 6,636.2 6,171.5 Cost of sales (1,346.1) (5,675.0) (6,037.1) (4,802.7) (4,564.0) (3,710.2) (3,349.5) Gross profit 1,034.0 5,079.3 5,044.9 3,887.4 3,311.3 2,926.0 2,822
Slide 51: Refinement of EBITDA for the impacts of share-based payments
REFINEMENT OF EBITDA FOR THE IMPACTS OF SHARE- BASED PAYMENTS (SBP) 2021 2022 2023 2024 2025 2026 - goal Reported EBITDA 1,154 1,068 1,288 1,917 1,925 1,800 - 1,900 Adjusted EBITDA - excluding the SBP impact 1,134 1,108 1,432 1,948 1,816 1,850 - 1,950 Comment This slide presents our alternative EBIT
Slide 52: Contact
CONTACT Should you have any question related to Kofola Group do not hesitate to contact our investor relations office: Jifi Rypar + 420 737 118 957 http://investor.kofola.cz/en Kofola CeskoSlovensko a.s. Nad Porubkou 2278/31a 708 OO Ostrava - Poruba Czech Republic » kofola
Slide 53: Authorization
AUTHORIZATION This presentation has been authorized by the Board of Directors of Kofola CeskoSlovensko a.s. on 2 June 2026. This presentation (“the Presentation”) has been prepared by Kofola EeskoSlovensko a.s. (“the Company”). The Company has prepared the Presentation with due care, however certain
Kofola CeskoSlovensko a.s. — Q1 2026 Earnings Presentation on 6ix