Slide 1: Q1 2026 Investment Into Broad European Growth Acceleration
Q1 2026 Investment Into Broad European Growth Acceleration 13 May 2026
Slide 2: Disclaimer
Disclaimer Disclaimer Please read the following before continuing. The following applies to this presentation, any written, oral or video presentation of the information by InPost S.A. a public limited liability company (société anonyme), incorporated and existing under the laws of the Grand Duchy o
Slide 3: Agenda
Agenda Group Key Messages Poland Update International Update Financial Highlights Outlook 3
Slide 4: Group Key Messages
Group Key Messages Strong Growth Powered by International Expansion Q1 2026 Group Key Numbers Revenue Split Parcel volumes Revenue 53% 359.2m PLN 3.9bn of International revenue +32% YoY +31% YoY Adjusted EBITDA Capex PLN 902m PLN 360m -4% YoY +6% YoY Poland UK Eurozone Source: Company data. 4
Slide 5: Accelerated Rollout of the #1 APM Network
Group Key Messages Accelerated Rollout of the # APM Network Position #1 APM Network 31 Mar 2026 LTM #1 UK #1 Poland InPost OOH points 94,868 +11.7k APMs 64,680 +14.9k Poland 28,965 +3.0k #1 France Eurozone 21,092 +7.3k UK 14,623 +4.6k PUDOs 30,188 (3.2k) Poland 3,227 (0.5k) #2 Italy Eurozone 22,912
Slide 6: Poland Update
INPOST GROUP Poland Update
Slide 7: Consistent Volume Trends, Led by International and Domestic Merchants
Poland Consistent Volume Trends, Led by International and Domestic Merchants Growth in non-marketplace Q1 2026 Parcel volume [m] channels Parcel volume [m] +8% +13% 188.1 174.2 To-door volume driven by demand from international marketplaces -1% 141.6 Robust growth from domestic 143.2 merchants, part
Slide 8: Dense Nationwide Network Backed by Exceptional Consumer Preference
Poland Dense Nationwide Network Backed by Exceptional Consumer Preference Continued APM expansion A Locker Around Every Corner +12% +9% 28 965 90% % population within 7 mins walk from InPost APMs – urban areas #1 APM network in Poland 94% 25 949 66% % population within 7 mins walk from InPost APMs o
Slide 9: InPost most loyal users – the engine for testing new services
Poland InPost most loyal users – the engine for testing new services App Loyalty APM and Loyal APM users programme to-door users users users 17m 26m 21m App rating 4.9/5.0 14m ~100% of Polish e- commerce population More than half of the Polish population uses our APMs App users order 90% of volume i
Slide 10: International Update
INPOST GROUP International a, Update > H
Slide 11: Strong B2C Growth and Robust APM Adoption
Eurozone Strong B2C Growth and Robust APM Adoption Q1 2026 Parcel volume [m] #1 APM network across Eurozone +28% +8% 94.2 44,004 34% YoY B2C volume growth 40,664 in Q1 2026 +53% 46% APM / OOH flow rate 73.5 +48% +38% (up from 36% last year) Outpacing e-commerce in every Eurozone market Q1 2025 Q1 20
Slide 12: Building a Trusted European Love Brand
Eurozone Building a Trusted European Love Brand 9m Mobile app +107% YoY downloads #1 NPS and APM network awareness 4.4/5 91% Mondial Relay brand total awareness Rating on Avis Vérifiés Top 50 Mondial Relay among the most valuable French brands 1 App downloads (cumulative) from Sept 2022 to Mar 2026
Slide 13: Volumes Triple as B2C Surges and OOH Shift Accelerates
UK Volumes Triple as B2C Surges and OOH Shift Accelerates Parcel Volume [m] Yodel / InPost UK transformation on track +220% ✓ Transformation restart in January 2026 76.9 +53% YoY more volumes in ✓ Focus on CPP optimization OOH - consumer shift accelerating ✓ Logistics network consolidation 11.5x 11.
Slide 14: #1 OOH Network in the UK – And Still Pulling Away
UK #1 OOH Network in the UK – And Still Pulling Away #1 APM Network Footprint Secured Unmatched APM Footprint +45% 18,672 Number of APMs (#) +70 weekly APM deployment in Q1 14 623 12,859 +100 weekly APM deployment in Q2 +45% 75% Users in top 3 UK cities within a 7-minute walking distance to InPost +
Slide 15: Better UX and Quality Driving Higher Consumer Satisfaction and Adoption
UK Better UX and Quality Driving Higher Consumer Satisfaction and Adoption InPost stands out as the one of the leaders in NPS… … and the leader in Trust Pilot score Amazon 4.7 > 70% B2C parcels 27 NPS 1.4 Royal Mail delivered D+1 FedEx 4.1 > 90% B2C parcels DHL 4.4 delivered D+2 UPS DPD 3.2 Evri 4.0
Slide 16: Financial Highlights
‘pb Inpost Group Financial Highlights
Slide 17: Summary of Group Performance
Financial highlights PLN m, unless otherwise stated Q1 2026 Q1 2025 YoY Summary Parcel volumes (million) Revenue reported 359.2 3,862.4 271.7 2,951.9 32% 30.8% of Group Operating EBITDA 847.9 907.4 (6.6%) Performance Operating EBITDA margin 22.0% 30.7% Adjusted EBITDA1 902.2 940.2 (4.0%) Adjusted EB
Slide 18: Summary of Segments Results
Financial highlights Summary ofSegments PLN m, unless otherwise specified Q1 2026 Q1 2025 YoY Results Parcel volume (m) Poland 359.2 188.1 271.7 174.2 32% 8% Eurozone 94.2 73.5 28% UK + Ireland 76.9 24.0 220% Segment Revenue 3,862.4 2,951.9 30.8% Poland 1,804.3 1,652.1 9.2% Eurozone 1,110.4 870.7 27
Slide 19: Poland: Strong results driven by volume growth and cost control
Financial highlights Poland Strong results driven by volume growth and cost control APM Volume APM Parcel volume [m] To-door Volume Revenue [PLN m] To-Door +9% Other +8% 1,804.3 174.2 -1% 188.1 1,652.1 +1% +50% + 35 % 141.6 1 266.5 143.2 1 258.3 46.5 354.8 480.4 31.0 39.0 57.4 Q1 2025 Q1 2026 Q1 202
Slide 20: Eurozone: B2C Expansion and Higher APM Adoption with Stable Margins
0 Financial highlights Eurozone B2C Expansion and Higher APM Adoption with Stable Margins Parcel volume [m] Revenue [PLN m] +28% +28% 94.2 1,110.4 73.5 870.7 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Adjusted EBITDA & Margin Adjusted EBITDA Adjusted EBITDA Margin Q1 2026 highlights [PLN m or %] 1. 2. 3. +28%
Slide 21: UK+Ireland: Strong Volume Growth with EBITDA reflecting transformation
Financial highlights UK+Ireland Strong Volume Growth with EBITDA reflecting transformation Parcel volume [m] Revenue [PLN m] UK Parcel Newstrade +220% +121% 76.9 947.7 429.1 3.3x 738.4 24.0 221.6 207.5 209.3 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Adjusted EBITDA & Margin Adjusted EBITDA Adjusted EBITDA Mar
Slide 22: Adjusted EBITDA to Adjusted Net Profit
Financial highlights Adjusted EBITDA to Adjusted Net Profit Q1 2026 Q1 2025 Diff. Change Adjusted EBITDA 902.2 940.2 (38.0) (4.0%) 1 Incentive programmes set up by Margin % 23.4% 31.9% shareholders: MIP and Earn-Out Incentive programmes set up by Shareholder (16.0) (16.6) 0.6 (3.6%) (non-cash impact
Slide 23: Poland delivers strong FCF — Group impacted by international expansion and integration
Financial highlights Poland delivers strong FCF — Group impacted by international expansion and integration Q1 2025 Q1 2026 PLN million PLN million POLAND POLAND INTERNATIONAL GROUP 940.2 32% 22% 849.4 PL Adjusted PL 7% EBITDA Adjusted conversion EBITDA Group 460.4 conversion Adjusted EBITDA 389.0 c
Slide 24: Financial discipline with net leverage at 2.4x
Financial highlights Financial discipline with net leverage at 2.4x PLN million, unless otherwise stated 3M 2026 12M 2025 Difference % change (+) Gross debt 10,469.4 10,053.3 416.1 4.1% Borrowings & financial instruments Cash down QoQ, driven 6,523.7 6,255.2 268.5 4.3% 1 at amortised cost primarily
Slide 25: Outlook
5D INPost GRouP =~ fe) O J =) O 5D inpost Group
Slide 26: Outlook for FY 2026 (unchanged)
Outlook for FY 2026 (unchanged) Group volume We expect InPost to increase market share and we expect YoY Group volume in the mid to high teens level, coming from a mix of: i) mid single-digit volume growth in Poland, ii) high 20s InPost volume growth in Eurozone markets, iii) low 30s InPost volume g
Slide 27: Thank you!
Thank you! Contact for Investors Investor Relations ir@inpost.eu 27
Slide 28: Appendix
BD INPOST GROUP Appendix
Slide 29: Definitions and numerical reconciliations of Alternative Performance Measures (1/2)
Appendix Definitions and numerical reconciliations of Alternative Performance Measures (1/2) PLN m, unless otherwise stated Net profit/(loss) from continuing operations Q1 2026 108.1 Q1 2025 183.7 Adjusted facilitates the comparison of the Group’s operating results from period to period and between
Slide 30: Definitions and numerical reconciliations of Alternative Performance Measures (2/2)
Appendix Definitions and numerical reconciliations of Alternative Performance Measures (2/2) Capex is defined as the total of Purchase of property, plant, and equipment and Purchase of intangible assets, presented in the Statement of cash flows. This measure is used to assess the total amount of cas
Slide 31: Profit and Loss and Other Comprehensive Income Statement
PLN m, unless otherwise specified Q1 2026 Q1 2025 Appendix Revenue 3,862.4 2,951.9 Cost of sales (3,053.6) (1,977.3) Profit and Loss Gross profit General & administrative expenses 808.8 (506.4) 974.6 (421.3) and Other Selling & marketing expenses Impairment gain/(loss) on trade and other receivables
Slide 32: Cash Flow Statement
Appendix PLN m, unless otherwise specified Q1 2026 Q1 2025 Cash Flow Cash flows from operating activities Net profit 108.1 183.7 Adjustments: 772.0 766.7 Statement Income tax expense Financial cost/(income) 99.9 3.7 60.4 217.3 Depreciation and amortisation 638.7 445.9 Impairment losses 8.5 8.2 Group
Slide 33: Balance Sheet Statement
PLN m, unless otherwise specified 31.03.2026 31.12.2025 Goodwill 2,074.4 2,040.1 Appendix Intangible assets Property, plant and equipment 1,829.8 5,047.5 1,760.7 4,888.8 Balance Sheet Right of use assets Long term financial assets Long term investments in associates 3,930.7 101.3 92.3 3,845.6 100.8
Slide 34: InPost Group out-of-home points
Appendix InPost Group out-of-home points Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Out-of-home points 83,172 88,050 89,945 94,536 94,868 of which APMs 49,808 53,287 56,757 61,196 64,680 of which Poland 25,949 26,807 27,567 28,165 28,965 of which France 7,542 8,255 8,948 10,045 10,749 of which UK 10,06
Slide 35: Glossary
Appendix Glossary APM Automated Parcel Machine B2C Business-to-customer C2C Customer-to-customer ETR Effective tax rate Heavy user APM user who received 13–39 APM parcels within the last 12 months KPI Key Performance Indicator L2D Locker-to-door, delivery from an APM to the address Net Leverage Calc