Slide 1: Investors Presentation FY 2025
Investors Presentation FY 2025 March 30, 2026
Slide 2: Speakers: Key managers
SPEAKERS Key managers Henri Seydoux Founder, chairman, CEO & controlling shareholder Chris Roberts SVP, Chief Revenue Officer since 2006 Anne-Sophie Herelle Marie Calleux SVP, Group CFO, Investor relations & corporate since 2024 communications since 2008 Elise Tchen Thebault SVP, Chief Industry Offi
Slide 3: European Professional Micro-UAV Leader
EUROPEAN PROFESSIONAL MICRO-UAV LEADER PARROT GROUP €80m +6% 2025 Revenue vs 2024 at constant FX Photogrammetry Professional UAVs software for 3D 2025 revenue: modeling and mapping €48 million +2% 2025 revenue: 60% of the Group €32 million +11% revenues 40% of the Group revenues Created in 1994 by H
Slide 4: Parrot today
3 complete Micro-UAV systems +60 partners 8 BtoB software 1 open source Parrot today solutions SDK PROVIDING INTELLIGENCE, SURVEILLANCE & RECONNAISSANCE THROUGH AUTONOMOUS FLYING & HIGH-PRECISION IMAGING FOR DEFENSE AND SECURITY INSTITUTIONS AND PROFESSIONALS Investors Presentation – FY 2025 – March
Slide 5: From consumer success to tactical readiness: a 15-year journey
FROM CONSUMER SUCCESS TO TACTICAL READINESS A 15-YEAR JOURNEY DISRUPTING THE DRONE INDUSTRY As a global leader in connected device Launching some of the As the consumer drone market In 2019, Parrot was selected by In 2020, Parrot launched the for the Automotive industry, Parrot first major successes
Slide 6: 2025 Highlights & Financial Results
2025 HIGHLIGHTS & FINANCIAL RESULTS
Slide 7: 2025 Key Highlights
2025 KEY HIGHLIGHTS MICRO-UAVs PHOTOGRAMMETRY GROUP Progressive launch of ANAFI UKR Continuous improvements of the Continuous R&D investments, and and CHUCK 3.0, revealed in June cloud and mobile offer, making 3D supply chain ramp up. 2025 at Paris Air show. visualization more powerful and easier to
Slide 8: Quarterly Revenue Evolution 2023 > 2025
QUATERLY REVENUE EVOLUTION 2023 > 2025 35.0 Photogrammetry Software revenues Micro-UAV revenues 30.0 25.0 20.0 19.9 19.4 15.0 13.6 9.8 10.5 9.4 6.0 5.7 7.5 9.9 8.0 9.3 10.0 5.0 8.9 9.1 9.2 7.2 7.1 8.5 7.4 7.9 7.7 7.1 6.4 7.0 0.0 T1 2023 T2 2023 T3 2023 T4 2023 T1 2024 T2 2024 T3 2024 T4 2024 T1 2025
Slide 9: Diversified Geographical Revenues
DIVERSIFIED GEOGRAPHICAL REVENUES Group revenues 2025 2024 Micro-UAV Top 5 in €m distributors 12.8 2024 2025 22.2 21.3 22.8 1.2 Lithuania USA 3.4 France France 4.2 USA Canada 1.8 Undisclosed 4.3 1.0 Sweden new Europe 9.0 2.9 4.9 10.7 Germany Sweden 7.6 5.0 7.8 0.33.5 4.2 1.8 5.0 Etats-Unis France Ca
Slide 10: H2 2025 EBIT positive for the 2nd year despite strong R&D and product launch expenses
H2 2025 EBIT POSITIVE FOR THE 2ND YEAR DESPITE STRONG R&D AND PRODUCT LAUNCH EXPENSES Micro-UAV Photogrammetry Group €m FY 2024 FY 2025 Var. €m FY 2024 FY 2025 Var. €m FY 2024 FY 2025 Var. Revenues 48,1 47,9 0% Revenues 30,0 31,8 6% Revenues 78,1 79,8 2% OPEX 36,5 42,5 16% OPEX 29,3 29,2 -1% OPEX 65
Slide 11: Revenue change in 2025: successful transition from ANAFI USA to ANAFI UKR
REVENUE CHANGE IN 2025: SUCCESSFUL TRANSITION FROM ANAFI USA TO ANAFI UKR ANAFI UKR PHOTOGRAMMETRY NEW SOLUTIONS PHOTOGRAMMETRY ANAFI AI ANAFI USA LEGACY SOLUTIONS €78.1m €79,8m 4000 €78,1m €79.8m Micro-UAV systems sold in 2025 ANAFI UKR PHOTOGRAMMETRY NEW ANAFI AI 2024 ANAFI USA SOLUTIONS PHOTOGRAM
Slide 12: Strong Product Mix & Gross Margin
STRONG PRODUCT MIX & GROSS MARGIN REVENUE & GROSS MARGIN – 2018 TO 2024 Consolidated, IFRS, audited 90.0 200.0% 78.1 79.8 80.0 180.0% 71.9 160.0% 70.0 65.0 140.0% 60.0 54.3 120.0% 50.0 100.0% 40.0 77.8% 72.3% 74.1% 75.4% 80.0% 30.0 72.0% 60.0% 20.0 40.0% 10.0 20.0% 0.0 0.0% 2021 2022 2023 2024 2025
Slide 13: Maintaining Innovation Capacity & Cost Control
MAINTAINING INNOVATION CAPACITY & COST CONTROL OPEX PER FUNCTION - 2018 TO 2025 Consolidated, IFRS, audited, €m €99,7m 9.1 17.0 €76,9m €76,7m €73,3m €75,0m €74,3m €72,7m 6.6 6.1 5.4 5.5 4.7 €65,9m 4.7 13.4 13.7 13.7 14.8 11.8 5.0 11.5 36.5 10.8 16.7 11.1 12.3 11.7 21.7 14.0 10.4 40.2 40.2 43.6 45.5
Slide 14: Cash Evolution 2024-2025
CASH EVOLUTION 2024-2025 CASH ITEMS (IFRS, €m) 2025 H2 2025 2024 EBITDA -9,4 7,5 Change in working capital 1,8 12,1 Positive working capital impact: €3.1 million decrease in inventory; Equity accounted affiliate -0,3 0,5 Income taxes paid 0,0 0,7 Foreign exchange effects -0,7 0,3 Capex -2,1 2,2 Purc
Slide 15: Consolidated P&L 2024-2025
CONSOLIDATED P&L 2024-2025 CONSOLIDATED INCOME 2025 2024 H1 2025 H2 2025 Change STATEMENT (IFRS, €m) (12 months) (12 months) (6 months) (6 months) Revenues 79.8 78.1 +2% 33.6 46.2 Cost of sales (19.7) (20.2) -3% (8.5) (11.2) Gross margin 60.1 57.9 +4% 25.1 35.0 % of revenues 75.4% 74.1% 74.8% 75.8%
Slide 16: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Dec 31, Jun 30, Dec 31, SHAREHOLDERS’ EQUITY AND LIABILITIES Dec 31, Jun 30, Dec 31, ASSETS (IFRS, €m) 2025 2025 2024 (IFRS, €m) 2025 2025 2024 Non-current assets 15.8 16.7 22.2 Shareholders' equity 30.5 29.4 49.7 Goodwill 4.6 4.6 4.6 Share capital 4.7 4.7 4.7 Other intang
Slide 17: Parrot Group Ownership & Legal Structure
PARROT GROUP OWNERSHIP & LEGAL STRUCTURE Ownership Other / public 28.5% Horizon Simplified legal structure (Henri Seydoux) Moneta AM 61.9% PARROT SA (holding) 7.3% Bpifrance(1) 100% Parrot Drones S.A.S (France) 2.3% 100% Parrot Korea (South Korea) (2) As March 18, 2025 (threshold crossing declaratio
Slide 18: 2026 Outlook
2026 OUTLOOK
Slide 19: Ramping up Micro-UAV supply chain & production
RAMPING UP MICRO-UAV SUPPLY CHAIN & PRODUCTION Fabless model with established EMS partner Ramping up production capacity in South Korea ▪ Built on non-Chinese, NDAA-compliant components Reach 10000 200 micro-UAV ▪ High-grade components sourced from the smartphone 150 supply chain production Industri
Slide 20: 2025-2026 Outlook
2025-2026 OUTLOOK Strong Solid The Group Supported by its momentum and Photogrammetry continues to invest, main shareholder high visibility in business with in R&D and supply Horizon, and an Micro-UAVs, 2026 revenue growth chain resilience. offering that is current sales + slowed by effectively orde
Slide 21: Parrot's strategic edge in the evolving defense ecosystem
PARROT’S STRATEGIC EDGE IN THE EVOLVING DEFENSE ECOSYSTEM Best in class Sovereign- Strong Trusted Clear strategic technologies by-design supply chain software & execution in micro-UAV architecture expertise ecosystem path Advanced onboard AI, NDAA-compliant, Proven design, Open-source DNA A defense
Slide 22: Thank you - Q&A session
THANK YOU Q&A session 174 quai Jemmapes 75010 Paris INVESTORS & ANALYSTS contact: marie.calleux@parrot.com www.parrot.com www.pix4d.com