Slide 1: Earnings Call FY 2025 Readcrest Capital AG
EARNINGS CALL FY 2025 READCREST CAPITAL AG READCREST CAPITAL AG 8 June 2026 5 WEN: AOLE3J - Ticker: EXJ0 : Frankfurt Stock Exchange : General Standard
Slide 2: FY 2025 / 2026 YTD Overview
FY 2025 / 2026 YTD Overview FY 2025 established the operating base; 2026 is focused on project execution and a clearer growth path. FY 2025 KEY FIGURES OUTLOOK 2026 ADJUSTED EBITDA casH €10 €10.2m cash and avsusreesitoa € 8-OM KEY ACHIEVEMENTS 2026 YTD run-rarecsiron §€11-12m uk Partial UK healthcar
Slide 3: Why Readcrest Capital AG?
INVESTMENT HIGHLIGHTS Why Readcrest Capital AG? 01 02 Dual-Track Diver ation Government-Backed Revenue in the UK ‘Stable cash flow from Grosvenor UK Healthcare (£11m EBITDA, with a path to £15m+) Grosvenor healthcare revenue is nearly fully funded by local authorities in the UK, combined with growth
Slide 4: Stock Listing & Liquidity
Stock Listing & Liquidity Readcrest Capital AG is listed on the Regulated Market (General Standard) of the Frankfurt Stock Exchange and provides institutional and private investors access to a diversified investment portfolio. CALE TS SHARE PRICE SINCE TAKEOVER OFFER +22.1% €1.60 28 Aug 2025 to 4 Ju
Slide 5: Portfolio Overview
REAL ESTATE DEVELOPMENT GERMANY Portfolio Overview Five German development projects combine residential-led neighborhoods with mixed-use and income-producing commercial components. Fiirstenwalde/Spree Halle (Saale) Dresden Magdeburg Schwerin Quartier Autbauschule Halle Riebecks Garten Neustidter Bog
Slide 6: Fürstenwalde/Spree
REAL ESTATE DEVELOPMENT GERMANY Furstenwalde/Spree Quartier Aufbauschule Aufbauschule 1847, Gusower Allee 1 / Dr.-Wilhelm-Killz-StraBe, 15517 Fiirstenwalde/Spree PROJECT KEY FACTS PLOT SIZE 57,401 m? RENTAL AREA 58,870 m? PROJECT PROFILE USE MIX Large residential-led mixed-use quarter in the Berlin
Slide 7: Fürstenwalde/Spree
x REAL ESTATE DEVELOPMENT GERMANY Furstenwalde/Spree Quartier Aufbauschule Aufbauschule 1847, Gusower Allee 1 / Dr.-Wilhelm-Killz-StraBe, 15517 Fiirstenwalde/Spree 7 7 rm re Location y a, Nysusie | + Directly adjacent to Daiwa House Modular Europe and 1.2 km from Fiirstenwalde station. Obere Be at M
Slide 8: Project 2: Halle (Saale)
REAL ESTATE DEVELOPMENT GERMANY Project 2: Halle (Saale) Halle Riebecks Garten NiemeyerstraSe 12 / Willy-Brandt-StraBe 50-52 / Rudolf-Breitscheid-StraGe 73-79 / Ernst-Toller-StraBe, 06108 Halle (Saale) PROJECT KEY FACTS PLOT SIZE 9,778 m? RENTAL AREA 25,230 m? PROJECT PROFILE PARKING Modern inner-ci
Slide 9: Project 2: Halle (Saale)
x REAL ESTATE DEVELOPMENT GERMANY Project 2: Halle (Saale) Halle LOCATION becks Garten NiemeyerstraBe 12 / Willy-Brandt-StraBe 50-52 / Rudolf-Breitscheid-StraBe 73-79 / Ernst-Toller-StraBe, 06108 Halle (Saale) + Central location at Riebeckplatz, within walking distance of the main station. + The fut
Slide 10: Project 3: Dresden
* REAL ESTATE DEVELOPMENT GERMANY Project 3: Dresden Neustadter Bogen crofenhainer StraBe 1-3, 01097 Dresden PROJECT PROFILE Urban mixed-use quarter in Dresden Neustadt with office, serviced apartments, retail and a granted building permit. Readcrest Capital AG PROJECT KEY FACTS PLOT SIZE 7,966 m? R
Slide 11: Project 3: Dresden
REAL ESTATE DEVELOPMENT GERMANY Project 3: Dresden Neustadter Bogen crofenhainer StraBe 1-3, 01097 Dresden T amcnTen] Location Grobniundort + Dresden Neustadt location at the start of GroBenhainer StraBe. } + Four-minute walk to Dresden-Neustadt station, tram stop at the site and direct Ad access. v
Slide 12: Project 4: Magdeburg
REAL ESTATE DEVELOPMENT GERMANY Project 4: Magdeburg M1 - Magdeburger Tor oWvenstedter Strate / Maxim-Gorki-StraGe / Werner-Priegnitz-StraBe, 39108 Magdeburg PROJECT KEY FACTS GFA TOTAL RENTAL AREA 40,000 m? 31,700 m? m 25,900 m? e200 Three-part mixed-use quarter in Stadtfeld Ost, combining office,
Slide 13: Project 4: Magdeburg
REAL ESTATE DEVELOPMENT GERMANY Project 4: Magdeburg M1 - Magdeburger Tor oWvenstedter Strate / Maxim-Gorki-StraGe / Werner-Priegnitz-StraBe, 39108 Magdeburg LENE LOCATION iccensucoen ransisien Barleber und sawewecen eee + Stadtfeld Ost location near the city center and the main station. + Less than
Slide 14: Project 5: Schwerin
REAL ESTATE DEVELOPMENT GERMANY Project 5: Schwerin Quartier am Zoo Pilaer StraBe, 19063 Schwerin-Neu Zippendorf PROJECT KEY FACTS PLOT SIZE 9,853 m? RENTAL AREA 8,435 m? PARKING PROJECT PROFILE Residential quarter in Neu Zippendort near Schweriner Zoo and Zippendorf beach, with 109 spaces building
Slide 15: Project 5: Schwerin
REAL ESTATE DEVELOPMENT GERMANY Project 5: Schwerin Quartier am Zoo Pilaer StraBe, 19063 Schwerin-Neu Zippendorf + Green Neu Zippendorf location, within walking distance of Schweriner Zoo and Zippendorf Leezen f “s ce beach. togm Boumarkt sghucin @) | ‘Lange Britz \ WINSTON + Part of the Hamburg met
Slide 16: UK Healthcare Business
UK HEALTHCARE BUSINESS Grosvenor Health & Social Care A dedicated UK home-care platform with scalable acquisition-led growth potential. FINANCIAL SNAPSHOT BUSINESS MODEL Regulated service platform, not a property- heavy operator £11m EBITDA BASE NET DEBT / EBITDA EBITDA TARGET £15m+ Current run-rate
Slide 17: Growth Strategy
GROWTH STRATEGY Strategic Priorities 2026+ The growth strategy focuses on two central pillars: Grosvenor growth in UK home care and selective project development in German growth regions with disciplined execution as a competitive advantage. Grosvenor Expansion Development Pipeline Grosvenor Expansi
Slide 18: To Sum Up: What Is Readcrest Capital?
READCREST CAPITAL AG To Sum Up: What Is Readcrest Capital? GERMAN PROJECTS ATTRIBUTABLE GFA HEALTHCARE EBITDA GROSVENOR LEVERAGE 5 ~150k m? £11m <2.5x Active residential-led development proje: Readcrest share; Flirstenwalde counted at 50% Grosvenor 2025 EBITDA base Net debt / EBITDA after care-home
Slide 19: Earnings Call FY 2025 Appendix
EARNINGS CALL FY 2025 READCREST CAPITAL AG APPENDIX 8 June 2026 c WEN: AOLE3J - Ticker: EXJO : Frankfurt Stock Exchange 2 General Standard
Slide 20: Market Opportunity
MARKET OPPORTUNITY Macro Trends: Housing Supply & Ageing Care Demand Readcrest's two pillars are supported by structural supply constraints in German housing and long-term demographic demand for UK home care. Germany: permits, completions and rent index UK: population aged 65 and over wating alaceoc
Slide 21: Team
TEAM Management & Supervisory Board Extensive expertise in real estate, finance and healthcare investments MANAGEMENT Rolf Elgeti Dr. Marcus Kiefer Sonja Petersen chit xeeutve oer chit racial oie chet vetmentofcer Nad. » NN SUPERVISORY BOARD Friedrich Thiele Florian Lanz Philipp Preuss eo poerotmen
Slide 22: Strategic Opportunity: Joint Venture with KFK
STRATEGIC OPPORTUNITY Joint Venture with KFK av stRUCTURE FIRST PROJECT PLANNED VOLUME 975 Residential units in Furstenwalde/Spree near Berlin ~€300m Project development volume over the next twelve months 50/50 Readcrest Capital AG x KFK Hol WHY Now PARTNER LOGIC German project developers face restr
Slide 23: Address
ADDRESS Readcrest Capital AG Hermannstrasse 40 20095 Hamburg Germany se Readcrest Capital AG aS INVESTOR RELATIONS We look forward to the dialogue with you. INVESTOR RELATIONS. Dr. Marcus Kiefer Chief Financial Officer info@readcrest.com +49 403 688 12677 08.06.2026 STOCK LISTING Frankfurt Stock Exc