Robyg S.A. · GPW:ROB
Robyg — Q1 2026 Earnings Presentation
64 slides from Robyg's earnings presentation, June 2026
Slide 1: Financial Results 1Q 2026
Financial Results 1Q 2026 Warsaw, June 2026
Slide 2: Agenda
AGENDA PART 01 Summary PART 02 Sales results and revenue perspective PART 03 Financial results PART 04 Plans of ROBYG Group PART 05 ESG PART 06 Appendices 2
Slide 3: Part 01 Summary 1Q 2026
ROBYG PART O01 Summary 1Q 2026
Slide 4: Summary 1Q 2026: revenues, cash, operating cash flow
01. Summary 1Q 2026 Financial Results 1Q 2026 Revenues Strong cash position* Operating cash flow 316 mln PLN 268 mln PLN 99 mln PLN (excl. purchases of new plots) 4 * Including amounts kept on individual escrow accounts.
Slide 5: Summary 1Q 2026: units presold, on offer, land bank
01. Summary 1Q 2026 Developer and preliminary Number of units Units presold: agreements signed: under construction: app. 620 * app. 650 * app. 7 110 ** Net debt ratio: (net after cancellations) (net after cancellations) Number of units recognised 0,25 Units on offer: in revenues: Total land bank uni
Slide 6: Activities for other entities within TAG Rent Poland
01. Summary 1Q 2026 ROBYG Group’s activities for other entities within TAG Rent Poland* General contractor services General contractor services Revenue from services provided to Number of units completed Number of units under construction TAG Rent Poland as of 31.03.2026 : as of 31.03.2026: in 1Q 20
Slide 7: Material acquisitions: new plots
01. Summary 1Q 2026 Gdynia Gdansk ROBYG Group – material acquisitions Warsaw Warsaw NEW PLOTS approx. 215 mln PLN Area of plots [ha] Type of contracts Locations 1,2 Final Warsaw, Targowek Krakow 2,2 Final Krakow, Pradnik Bialy 0,01 Final Gdansk, Wrzeszcz 4,7 Final Iwiny, near Wroclaw Wroclaw Wroclaw
Slide 8: Part 02 Sales results & revenue perspective
P A R T 02 Sales results & revenue perspective 8
Slide 9: Developer and preliminary agreements signed
02. Sales results & revenue perspective D e v e l o p e r a n d p r e l i m i n a r y a g r e e m e n t s s i g n e d i n 1 Q 2 0 2 6 : 650* 4308 17% 100% -5 0 % 3471 -27% 27% 2957 2% 31% 2 8 0 9 -3 3 % 10% 2 5 6 9 -16% 2520 33% 2 507 22% 2333 2118 2156 2144 56% 1731 1891 9% 1019 1113 650 2011 2012
Slide 10: Pre-sold units in 1Q 2026 by city
02. Sales results & revenue perspective 244 UNITS 39% GDANSK & GDYNIA Pre-sold units in 1Q 2026: 620* 78 241 UNITS UNITS 13% POZNAN 13% 12 39% UNITS 7% WROCLAW POZNAN WARSAW 2% 45 39% GDANSK &GDYNIA UNITS LODZ 7% 39% WARSAW WROCLAW 2% LODZ 10 * I n c l . 82 agreements in jointly controlled projects.
Slide 11: Units on offer
02. Sales results & revenue perspective ROBYG Group – units on offer Number of units on offer FINISHED 2314 GOODS ON O F F E R : 3% 2060 1949 1948 1777 79 112 1847* 23 1579 75 58 60 39 58 58 58 1981 2 202 1926 1873 1719 1 787 1540 1719** 1719** 1719** 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025
Slide 12: Revenue recognition
02. Sales results & revenue perspective R O B Y G G r o u p – r e v e n u e r e c o g n i t i o n ( a s a t March 31st, 2026) Recognition potential of units in revenues: Number of units recognized in revenues (quarterly) Units not presold and not r e c o g n i z e d *: 1 847 Completed : 60 2071 U n
Slide 13: Units to be completed in 2026-2027
02. Sales results & revenue perspective Number of units to be completed in 2026-2027 and also (contracted) until March 31st 2026 2026 2027 T o t a l & c o n t r a c t e d 2026+ 2 0 2 7 T o t a l units Contracted T o t a l units Contracted T o t a l units Contracted R y t m M o k o t o w a , W e n d
Slide 14: Units to be completed in 2026
02. Sales results & revenue perspective Number of units to be completed in 2026 G d a n s k & Gdynia Warsaw Wroclaw & Poznan Total no. of units to be Total no. of units to be Total no. of units to be Project Project Project completed in 2026 completed in 2026 completed in 2026 Nadmotławie 235 Modern
Slide 15: Units to be completed in 2027
02. Sales results & revenue perspective Number of units to be completed in 2027 G d a n s k & Gdynia Warsaw Wroclaw & Poznan Total no. of units to be Total no. of units to be Total no. of units to be Project Project Project completed in 2027 completed in 2027 completed in 2027 Lawendowe Wzgorze 53 M
Slide 16: Part 03 Financial results
ROBYG PART Financial results 16
Slide 17: Financial results
03. F i n a n c i a l r e s u l t s (PLNk) 1Q 2026 1Q 2025 Change 2025 Revenues 316 070 171 902 83,87% 1 546 114 Sales of residential and commercial units 203 800 99 725 104,36% 1 100 345 Revenues from sales to related parties 108 895 68 566 58,82% 405 104 Other revenues 3 375 3 611 (6,54%) 40 665 C
Slide 18: Financial condition
03. F i n a n c i a l r e s u l t s Financial condition (PLNk) 1Q 2026 2025 Change Total assets, including: 4 436 713 4 317 708 2,76% Non-current assets, including: 1 248 927 1 208 784 3,32% Investment properties and investment properties under construction 933 430 902 635 3,41% Loans granted to rel
Slide 19: Statement of cash flow
03. F i n a n c i a l r e s u l t s Statement of cash flow (PLNk) Q1 2026 Q1 2025 2025 Net cash flows from operating activities, including: 3 998 (46 138) (146 354) Expenditures for the purchase of new plots (94 692) 0 (408 847) Net cash flows from investing activities, including: (26 787) (159 448)
Slide 20: Debt financing
03. F i n a n c i a l r e s u l t s Debt financing Nominal value and maturity of bank credit facilities and bonds as at March 31st 2026 (PLNm). DEBT - Aging <1 year 1-2 years 2-3 years 3-4 years Over 4 years Total BANK CREDIT FACILITIES 0 196 0 0 0 196 BANK CREDIT FACILITIES - JV Projects 0 49 29 0
Slide 21: Leverage and collections
03. F i n a n c i a l r e s u l t s Leverage and collections as at March 31st 2026 Net debt ratio: N e t D e b t * / E q u i t y = 0,25 N e t d e b t * / ( E q u i t y + N e t D e b t * ) = 0,20 * N et d e b t = in t e re st b e a rin g lia b ilit ie s + d e riva t ive s + g u a ra nt e e s g ra n t
Slide 22: Part 04 Plans of ROBYG Group
PART 04 Plans of ROBYG Group 22
Slide 23: Strategic goals
04. Plans of ROBYG Group Strategic goals Residential sales in 2026 at the level of approx. 2.8-3.0k units*. Progressively scale annual pre-sales to reach a target of approx. 4.5-5k units* in the mid term Maintaining of margins Expansion of operations in major Polish cities, including Krakow Maintain
Slide 24: New co-operation scheme
04. Plans of ROBYG Group New co-operation scheme Strategy for the operational and business activities of the ROBYG Group agreed with TAG Immobilien AG (hereinafter: "TAG") for all TAG activities on the Polish residential market, i.e. for the activities of the ROBYG Group and Vantage Development S.A.
Slide 25: Planned changes regarding landbank
04. Plans of ROBYG Group Planned changes regarding Landbank Total Landbank units Landbank Units to be number of units to be purchased ROBYG sold to from units to be VANTAGE VANTAGE completed TOTAL by ROBYG 19 322 2 905 1 407 17 824 25
Slide 26: Total land bank by city and district
04. Plans of ROBYG Group Total land bank 17 824** units + 1 847 units on offer = 19 671 units Gdansk&Gdynia Warsaw Wroclaw Poznan District Number of units % District Number of units % District Number of units % District Number of units % Zaspa 431 11% Wilanow 586 7% Krzyki 249 12% Piatkowo 442 18% S
Slide 27: Commercial potential
04. Plans of ROBYG Group Commercial potential = 71 500 sqm of usable area WROCLAW WARSAW GDANSK 24 000 17 500* 30 000* TOTAL: 71 500 sqm 27 * Usable area to be sold to Vantage Group.
Slide 28: Part 05 ESG
PART 05 ESG Creating people and planet friendly spaces 28
Slide 29: Mission, values and directions
05. ESG FOR SOCIETY AND ENVIRONMENT MISSION OUR VALUES DIRECTIONS “Our goal at ROBYG is to build homes and suitable surroundings for our clients. We develop homes CARE and housing developments for entire communities The protection of natural resources and that are integrated with the surrounding car
Slide 30: The biggest ESG successes in 2025
05. ESG FOR SOCIETY AND ENVIRONMENT The biggest ESG successes in 2025 Development of a consolidated 96% of the usable floor area sustainability report in Launch of 2 pilot projects (UFA) of multi-family Life cycle assessment (LCA) cooperation with TAG, in aimed at meeting the residential buildings c
Slide 31: Environmental dimension: ROBYG for Planet
05. ESG – Environmental dimension ROBYG FOR PLANET ROBYG for the Planet means that we lead a sustainable development process, and we fully respect the natural environment on all our projects. Strategic Goals 1. 100% of electricity used in the construction process at ROBYG to come from renewable ener
Slide 32: The Green Standard
05. ESG – Environmental dimension ROBYG FOR PLANET THE GREEN STANDARD The audit conducted in 2025 confirmed 100% compliance of ROBYG projects with the Green Standard guidelines. It is an internal regulation that defines how construction works should be designed and carried out to ensure greater envi
Slide 33: Social dimension: ROBYG for People
05. ESG – Social dimension ROBYG FOR PEOPLE For us, construction is part of the process of Strategic Goals creating new communities, which includes erecting buildings, developing infrastructure, shaping green areas, and creating spaces for 1. ROBYG Zero Accidents: zero serious and fatal accidents on
Slide 34: Governance dimension: ROBYG for Sustainable Business
05. ESG – Governance dimension ROBYG FOR SUSTAINABLE BUSSINES We act responsibly by choosing to partner with local businesses, caring for the natural environment and managing the company responsibly while delivering strong financial results. Sustainable governance also means that we communicate abou
Slide 35: ESG commitment
05. ESG All of us at ROBYG acknowledge how important sustainable development is for the envirnomnent and society. So far we have done a lot, but we treat this is a journey that will involve over time. Thus, we are committed to continuing our work to constantly improve our performance and disclose it
Slide 36: Part 06 Appendices
ROBYG PART Appendices 36
Slide 37: Senior Management Team
06. Appendices Senior Management Team Oscar Kazanelson Artur Ceglarz Dariusz Pawlukowicz Eyal Keltsh Marta Hejak Chairman of the Supervisory Vice President, Vice President, President of the Board, CEO Vice President, CFO Board Head of Business Dev. Head of HR and ESG Years at ROBYG: 20+ Years at ROB
Slide 38: Ownership structure
06. Appendices Ownership structure TAG Immobilien AG holds indirectly 100% of ROBYG S.A. shares. TAG Immobilien AG is a MDAX-listed (Frankfurt Stock Exchange) real estate company. 38
Slide 39: TAG Immobilien AG consolidated financials
06. A p p e n d i c e s TAG Immobilien AG consolidated financials (EURm) Financial data (EURm) 1Q 2026 2025 2024 2023 2022 Assets 8 934,3 8 951,2 7 750,3 7 299,8 8 214,6 Equity 3 335,6 3 322,0 3 099,9 2 964,5 3 307,7 EBITDA (adjusted) rental business 64,3 247,6 238,5 236,4 233,5 EBITDA (adjusted) fr
Slide 40: Projects under construction (1)
06. Appendices Description of investments – under construction (1) Lawendowe Wzgorza / Osiedle Kameralne City Sfera Stacja Nowy Gdansk City: Gdansk City: Warsaw City: Warsaw District: Jasien District: Bemowo District: Wlochy No. of stages: 37 No. of stages: 7 No. of stages: 14 Stages completed: 36 S
Slide 41: Projects under construction (2)
06. Appendices Description of investments – under construction (2) Young City 2/ Osiedle Życzliwa Praga Modern City Metro Life Apartamenty City: Warsaw City: Warsaw City: Warsaw District: Bemowo District: Tarchomin District: Bemowo No. of stages: 4 No. of stages: 8 No. of stages: 9 Stages completed:
Slide 42: Projects under construction (3)
06. Appendices Description of investments – under construction (3) Porto Nadmotlawie Estate Szumilas City: Gdansk City: Gdansk City: Gdansk (Kowale) District: Nowy Port District: Srodmiescie No. of stages: 6 No. of stages: 9 No. of stages: 9 Stages completed: 5 Stages completed: 4 Stages completed:
Slide 43: Projects under construction (4)
06. Appendices Description of investments – under construction (4) Apartamenty Krakowska Rosa Residence Poczatek Piatkowo City: Wroclaw City: Gdansk City: Poznan District: Krzyki District: Ujescisko District: Piatkowo No. of stages: 3 No. of stages: 2 No. of stages: 8 Stages under construction: 2 St
Slide 44: Projects under construction (5)
06. Appendices Description of investments – under construction (5) Sady Ursynow Rytm Mokotowa Apartamenty Lira House City: Warsaw City: Warsaw City: Lodz District: Ursynow District: Mokotow District: Srodmiescie No. of stages: 3 No. of stages: 4 No. of stages: 2 Stages completed: 2 Stages completed:
Slide 45: Projects under construction (6)
06. Appendices Description of investments – under construction (6) Wendy Kobieli Leszczynskich 2 City: Gdynia City: Gdansk City: Gdansk District: Srodmiescie District: Ujescisko District: Brzezno No. of stages: 5 No. of stages: 1 No. of stages: 1 Stages under construction: 3 Stages under constructio
Slide 46: Projects under construction (7)
06. Appendices Description of investments – under construction (7) Foresteria Nowa Walowa Elektrovnia Garbary City: Gdynia City: Gdansk City: Poznan District: Wielki Kack District: Srodmiescie District: Ostrow Tumski No. of stages: 7 No. of stages: 4 No. of stages: 12 Stages under construction: 3 St
Slide 47: Projects under construction (8)
06. Appendices Description of investments – under construction (8) Dobre Miejsce City: Gdynia District: Obluze No. of stages: 1 Stages under construction: 1 No. of units: 127 units Total sellable area: ca 6.4 k sqm Start of construction : Q1 2026 Planned completion date: Q1 2028 47
Slide 48: Completed projects (1)
06. Appendices Description of investments – completed (1) Szczesliwy Dom Osiedle Zdrowa Nowa Rezydencja Krolowej Marysienki City: Warsaw City: Warsaw City: Warsaw District: Ochota District: Wilanow District: Wilanow No. of stages: 3 No. of stages: 5 No. of stages: 10 No. of units: 304 units No. of u
Slide 49: Completed projects (2)
06. Appendices Description of investments – completed (2) City Apartments Osiedle Krolewskie Albatross Towers City: Warsaw City: Warsaw City: Gdansk District: Żoliborz District: Wilanow District: Przymorze No. of stages: 6 No. of stages: 6 No. of stages: 5 No. of units: 1 190 units No. of units: 640
Slide 50: Completed projects (3)
06. Appendices Description of investments – completed (3) Krolewski Park Park Wola Residence Modern Żoliborz City: Warsaw City: Warsaw City: Warsaw District: Wilanow District: Wola District: Żoliborz No. of stages: 6 No. of stages: 1 No. of stages: 1 No. of units: 528 units No. of units: 317 units N
Slide 51: Completed projects (4)
06. Appendices Description of investments – completed (4) Young City Mlody Wilanow Mila Baltica City: Warsaw City: Warsaw City: Gdansk District: Bemowo District: Wilanow District: Zaspa No. of stages: 9 No. of stages: 3 No. of stages: 2 No. of units: 1 302 units No. of units: 257 units No. of units:
Slide 52: Completed projects (5)
06. Appendices Description of investments – completed (5) Apartamenty Villa Nobile Sloneczna Morena MoreNova City: Warsaw City: Gdansk City: Gdansk District: Wilanow District: Piecki-Migowo District: Piecki-Migowo No. of stages: 3 No. of stages: 22 No. of stages: 3 No. of units: 637 units No. of uni
Slide 53: Completed projects (6)
06. Appendices Description of investments – completed (6) Ogrody Wilanow Green Mokotow Stacja Nowy Ursus City: Warsaw City: Warsaw City: Warsaw District: Wilanow District: Mokotow District: Ursus No. of stages: 3 No. of stages: 9 No. of stages: 5 No. of units: 221 units No. of units: 673 units No. o
Slide 54: Completed projects (7)
06. Appendices Description of investments – completed (7) Forum Wola Praga Arte Lesna Przystan City: Warsaw City: Warsaw City: Wroclaw District: Wola District: Praga Poludnie District: Osobowice No. of stages: 4 No. of stages: 1 No. of stages: 1 No. of units: 880 units No. of units: 250 units No. of
Slide 55: Completed projects (8)
06. Appendices Description of investments – completed (8) Willa Nad Potokiem Uroczysko Zajezdnia Wrzeszcz City: Wroclaw City: Wroclaw City: Gdansk District: Fabryczna District: Psie Pole District: Wrzeszcz No. of stages: 1 No. of stages: 3 No. of stages: 14 No. of units: 13 units No. of units: 309 u
Slide 56: Completed projects (9)
06. Appendices Description of investments – completed (9) Wiecej Park Poludnie Apartamenty Krolewskie City: Gdansk City: Gdansk City: Warsaw District: Lostowice District: Lostowice District: Wilanow No. of stages: 2 No. of stages: 8 No. of stages: 2 No. of units: 378 units No. of units: 565 units No
Slide 57: Completed projects (10)
06. Appendices Description of investments – completed (10) Praga Deco Wojszyckie Alejki Mlode Stogi City: Warsaw City: Wroclaw City: Gdansk District: Praga Poludnie District: Krzyki District: Stogi No. of stages: 1 No. of stages: 2 No. of stages: 1 No. of units: 192 units No. of units: 210 units No.
Slide 58: Completed projects (11)
06. Appendices Description of investments – completed (11) Kameralna Olszowka VISTA (Mysliwska) Wisniowa Aleja City: Wroclaw City: Gdansk City: Gdansk District: Krzyki District: Piecki-Migowo District: Ujescisko No. of stages: 1 No. of stages: 1 No. of stages: 2 No. of units: 55 units No. of units:
Slide 59: Completed projects (12)
06. Appendices Description of investments – completed (12) Sea Salt Dożynkowa 43 Osiedle nad Widawa City: Gdansk City: Wroclaw City: Wroclaw District: Zaspa District: Krzyki District: Psie Pole No. of stages: 1 No. of stages: 1 No. of stages: 1 No. of units: 118 units No. of units: 11 units No. of u
Slide 60: Completed projects (13)
06. Appendices Description of investments – completed (13) Moment Lagom Nowa Letnica City: Gdansk City: Gdansk City: Gdansk District: Ujescisko District: Ujescisko District: Letnica No. of stages: 2 No. of stages: 1 No. of stages: 9 No. of units: 207 units No. of units: 41 units No. of units: 2 197
Slide 61: Completed projects (14)
06. Appendices Description of investments – completed (14) Moj Ursus Jutrzenki 92 Praga Piano City: Warsaw City: Warsaw City: Warsaw District: Ursus District: Wlochy District: Praga Poludnie No. of stages: 8 No. of stages: 1 No. of stages: 1 No. of units: 2 293 units No. of units: 142 units No. of u
Slide 62: Completed projects (15)
06. Appendices Description of investments – completed (15) Royal Residence Jagodno Przystanek Tarnogaj City: Warsaw City: Wroclaw City: Wroclaw District: Wilanow District: Krzyki District: Krzyki No. of stages: 7 No. of stages: 11 No. of stages : 1 No. of units: 1 112 units No. of units: 854 units N
Slide 63: Disclaimer
Disclaimer ROBYG S.A. endeavours to ensure that the information in the presentation is complete and up-to-date, however, we do not make any guarantees in this respect. ROBYG S.A. accepts no liability for the any errors and inaccuracies of this presentation. This presentation has been prepared solely
Slide 64: Summary 1Q 2026 and contact
Summary 1Q 2026 Please contact us: Units pre-sold: 620 (net after cancellations) Investor Relations ROBYG S.A. ri@robyg.com.pl Units on offer: 1 847 (out of which 3% are finished goods) (22) 419 11 00 Revenues: PLN 316 million Strong cash position*: PLN 268 million Operating cash flow: PLN 99 millio