Slide 1: Exchange filing cover letter for Q1 FY26 investor presentation
August 11, 2025 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot no. C/l Dalal Street, Mumbai- 400 001 G Block, Bandra-Kurla Complex Fax: 022-2272 2037/2039/2041/3121 Bandra (E), Mumbai - 400 051 BSE Scrip Code
Slide 2: Subex Limited Investor Presentation
Subex Limited Investor Presentation 11 August 2025 investor.relations@subex.com
Slide 3: Agenda of the meeting
Agenda of the meeting • Financial Updates • Business Highlights
Slide 4: FY26 Quarterly Results
FY26 Quarterly Results • Revenue : Q1 Revenue declined by 6% to ₹6,640 lakhs compared to ₹7,060 lakhs in Q4. primarily due to deal spillover and elimination of non telco revenues. On year- on- year basis, Telco revenue remained almost flat. • Normalised EBITDA : Declined to ₹428 lakhs from ₹526 lakh
Slide 5: Revenue Metrics - Q1 FY26
Revenue Metrices - Q1 FY26 Revenue By Region Revenue By Service 27% 27% . - “ ~ QiuFY25 Q4FY25 QIFY25 Q4FY25 @ Managed Service License implementation and Customization = Americas EMEA India mAPAC and ROW m Support and others
Slide 6: Business Highlights
Business Highlights Reimagine & Grow • Won Tier 1 opportunity in Middle East G • MS continues to be a strong business • Renewed Tier 1 MS contract in Africa Launched FraudZap, a light-weight Fraud Detection platform Growth • • HS is now embedded with GenAI • PAT turned positive, driven by non-core g
Slide 7: Quarter 1 Order Intake Snapshot
Quarter 1 Order Intake Snapshot Won a new deal from a tier-1 operator in Middle East for HyperSense Fraud management Renewed AI MS contract for a tier-1 operator in Africa Tier-1 operator in Americas renewed Managed Services for 1 year Tier-1 Indian operator renewed their Product License Tier-1 Oper
Slide 8: The Subex Advantage
The Subex Advantage 01 Strong Tailwinds in AI - Almost all RFPs ask for AI use cases - Fraud Management a top AI & GenAI Use Case amongst Telcos 02 Few Players with Data Access - 150+ customer base with data connectors processing 500bn+ records per day - High switching costs 03 Telco Domain Expertis
Slide 9: Global Marquee Customer Base
Global Marquee Customer Base 150+ Global customers 100+ Countries 8
Slide 10: Thank you
Thank you investor.relations@subex.com 9