Slide 1: Significant jump in H1 2026
Significant jump in H1 2026: ► Order intake +17% ► Revenues +45% ► Positive Group EBIT: temporary shift in revenues / profit Investor Presentation August 2026
Slide 2: Highlights H1 2026
Highlights H1 2026 Order intake Orders on hand Revenues Again, further strong growth in order intake and revenues €361.7m €835.0m €342.9m +17.0% vs. H1’25 +9.3% vs. H1’25 +44.8% vs. H1’25 Orders on hand ensure Entirely organic good capacity utilisation growth H1’26 positively influenced by temporary
Slide 3: Order intake and project highlights
Order intake and project highlights Air Traffic Management Air Traffic Management Public Safety & Civil Defence Transport 15,000 IP-based air-to-ground Modernisation of military Mission-Critical Services – MCX: protocol converter units produced; communication systems for Austrian Frequentis ex
Slide 4: Order intake and orders on hand
Order intake = confirmed orders Orders on hand H1 2025: 52% ATM, 48% PST H1 2025: 57% ATM, 43% PST H1 2026: 73% ATM, 27% PST H1 2026: 61% ATM, 39% PST in € m in € m +14% p.a. 835 764 +9% 621 329 547 331 498 +22% p.a. 243 203 362 178 309 +17% 97 208 228 506 149 432 161 82 378 75 320 344 43 264 118 13
Slide 5: Revenues and revenue split
Revenues Revenue split H1 2025: 70% ATM, 30% PST in € m H1 2026: 77% ATM, 23% PST 343 +20% p.a. 79 +45% 237 23% 206 187 72 167 61 64 54 263 77% 145 165 113 123 H1 H1 H1 H1 H1 2022 2023 2024 2025 2026 Public Safety & Transport (PST) Air Traffic Management (ATM) 5 | Investor Presentation August 2026 ©
Slide 6: Revenues by region
Revenues by region Revenue split in € m 165 Stable business model fosters growth 144 Australia/ Pacific/Africa Low cyclical exposure 132 Asia H1’26 6% >90% government 7% customers H1’25 9% 7% Strong European 48% home market 23% 61% 54 Europe 39% Americas 18 21 21 24 Australia / Asia Americas
Slide 7: EBITDA and EBIT
EBITDA EBIT Comments in € m H1’ 26 positively influenced by temporary shift in revenues and profit from H2 to H1 Several key project milestones 66.9 originally planned for H2 2026 were successfully achieved in 54.1 45.6 H1 2026 earlier-than- 44.2 46.8 expected recognition of 26.8 32.1 revenues
Slide 8: Vision: #1 in control centre solutions through innovations
Vision: #1 in control centre solutions through innovations 5G-based critical communications (MCX) Drone management Future communications R&D and tower infrastructure about 6%1) AI assistance systems €3.8bn p.a. €14.0bn p.a. addressable total market size market today Cloud solutions New dep
Slide 9: Outlook and management agenda for 2026
Outlook and management agenda for 2026 Orders Aim to on hand Aim to EBIT margin increase increase €835m of about order intake revenues by as at 7.0% about 15% 30 June ’26 Capex of about €15m. Company-funded R&D expenses of about 6% of revenues. Note: Expectations may be affected by inflation, shorta
Slide 10: Appendix
Appendix
Slide 11: Annual view: Revenues and EBIT margin development
Annual view: Revenues and EBIT margin development Group Air Traffic Management Public Safety & Transport 580 480 427 401 386 334 338 293 258 8.7% 220 8.1% 179 6.7% 134 142 6.5% 5.3% 4.9% 114 128 6.2% 5.7% 14.6% 15.0% 11.7% 12.4% 10.0% 47 4.0% 3.4% 29 25 27 32 18 20 27 12 10 10 17 15 17 14 2021 2022
Slide 12: Components of working capital
Components of working capital Comments Net working capital in Net working capital fell to 18.8% 20.5% 21.4% 21.8% 18.9% % of LTM (last twelve 18.9% of LTM revenues months) revenues Total working capital stable in € m 126.4 129.8 despite revenue increase of 109.5 51.8 64.5 Inventories more than E
Slide 13: We are the only company focusing solely on safety-critical control centres
We are the only company focusing solely on safety-critical control centres Air Traffic Management Public Safety and Transport Civil Defence Public Safety Public Transport Maritime Air navigation service Air force Police forces Heavy rail Coast guard / navy providers Army Fire services Urban rail Off
Slide 14: Mission-critical, prioritised communication via 5G networks
Mission-critical, prioritised communication via 5G networks Replacement of TETRA by MCX Control room 5G network First responders Replacement of GSM-R Frequentis by FRMCS solutions & services Control room Voice Video Data Inter- Apps for MCX delivers enhanced working mobile phones safety throug
Slide 15: Drone market is growing continuously
Automated control Drone market is Standardised airspace management for Information systems for all participants system for rescue Friend / enemy detection growing continuously air traffic control in the airspace missions and inspection flights for drone defence It is estimated that the total drone
Slide 16: Remote Digital Tower
Remote Digital Tower Rethinking airport operations Deployable Tower 16 | Investor Presentation August 2026 © Frequentis AG 2026
Slide 17: Split by category and revenue type
Split by category Split by revenue type 2025 3% 3% <10% 3% 2024 >35% 43% 41% ~20% 56% 54% 30% Follow-on business for installed In-project services systems and solutions Maintenance (IBB/installed base business) Software New products for established customers and existing products Hardware for new cu
Slide 18: Consistent M&A strategy: Expansion of product and technology portfolio
Consistent M&A strategy: Expansion of product and technology portfolio 7 years listed on the stock exchange: 10 acquisitions ATRiCS Nemergent Orthogon ATC C4i Regola Aviamaps FRAFOS GuardREC Groiss Germany ATC Informatics Spain Germany Canada Australia Italy Finland Germany Norway Austria ATM PST AT
Slide 19: Financial policy framework
Financial policy framework Maintain net cash Equity ratio Capex of about Company-funded position at a of > 35% €15m in 2026 R&D expenses minimum level of (2025: €13.8m) in 2026 at about about 10% of 6% of revenues Group revenues 19 | Investor Presentation August 2026 © Frequentis AG 2026
Slide 20: Reasons to invest in Frequentis
Reasons to invest in Frequentis Growing faster Largely Growth drivers than the market independent fully intact of macroeconomic trends Av. 15% p.a. revenue growth Stability Security in past 4 yrs for decades Mobility Av. 4-5% p.a. market growth Technology 20 | Investor Presentation August 2026 © Fre
Slide 21: Earnings data 2013-2025
All figures in € m unless otherwise stated. +/- in Earnings data 2025 2024 +/- in % 2023 2022 2021 2020 20191) 2018 2017 2016 2015 2014 2013 €m Revenues 580.1 480.3 +20.8% 99.8 427.5 386.0 333.5 299.4 303.6 285.8 266.9 241.2 220.2 204.0 186.3 EBITDA 66.9 54.1 +23.7% 12.8 44.2 45.6 46.5 41.9 30.2 21.
Slide 22: Our experts for a safer world
Our experts for a safer world. We build solutions that enable our customers to make the world a safer place. 7.4 yrs 10.3yrs av. length av. length of employment of employment Group HQs 4.5% 63 staff turnover 2,900 nationalities Global Employees 1,300 43 Austria Strong employer brand av. age Focusi
Slide 23: Customers are increasing investments in infrastructure and defence
Customers are increasing investments in infrastructure and defence Investment in Defence: Defence orders from infrastructure changed circumstances around the globe Frequentis is part of national Increasing investment in military Australia: Secure voice comm. safety-critical infrastructures sec
Slide 24: Journey to mission critical services (MCX)
Journey to mission critical services (MCX) Order for emergency First prioritised Best MCX Product of the services network communication on public Year 2025 based on MCX mobile networks Industry Recognition Frequentis partnering with IBM Safety-critical communications on Customers: to deliver c
Slide 25: Current ESG achievements & agenda
Current ESG achievements & agenda ENVIRONMENT SOCIAL GOVERNANCE Initial certification under May 2026: First MSCI ISO 50001 Energy Management “Beruf & Familie” certification as a ESG rating Vienna HQs family-friendly employer SBTi commitment Binding greenhouse gas targets to be defined by year-end 20
Slide 26: With hubs for added customer proximity
with hubs for added customer proximity 550+ customers 150 countries 150+ Active channel partners for 125 countries Regional offices Channel partners Frequentis Hubs 1947 1955 1983 1990 - 1999 2000 - 2009 2010 - 2019 SVK UK GER CAN USA AUS ROU BRA CHI NOR UAE Frequentis FRA Vienna, Austria Subsidiari
Slide 27: Executive board and supervisory board
Executive board Norbert Haslacher Monika Haselbacher Peter Skerlan Karl Wannenmacher CEO COO CFO CTO Strategy, Global Sales, Project Management & PMO, Finance, Human Resources, Technology Management, Strategic Business Units, Corp. Customer Services, Occupa- IT, Legal, Facility Management, Productio
Slide 28: Shareholder structure
Shareholder structure Core shareholder H. Bardach about 68% B&C Holding Österreich about 8% Free float about 24% 13,280,000 Listed on Frankfurt and Vienna shares outstanding stock exchanges ATFREQUENT09 ISIN FQT Ticker symbol 14 May 2019 www.frequentis.com/en/ir Investor relations website Initial li
Slide 29: Investor Relations contact and Financial Calendar
Investor Relations contact Financial Calendar Stefan Marin, Head of Investor Relations Financial Calendar / Conference / roadshow dates at +43 1 81150 - 1074 www.frequentis.com/financialcalendar investor@frequentis.com www.frequentis.com/en/ir Innovationsstrasse 1, 1100 Vienna, Austria ISIN: ATFREQU