Kamux Oyj · OMXHEX:KAMUX
Kamux Oyj — Shareholder Meeting (April 2026)
18 slides from Kamux Oyj's shareholder meeting presentation, Apr 23, 2026
Slide 1: CEO's Review
CEO’S REVIEW Juha Kalliokoski, CEO Kamux Corporation Annual General Meeting April 23, 2026 CEO’S REVIEW 23.4.2026 1
Slide 2: Group Management Team
GROUP MANAGEMENT TEAM Juha Kalliokoski Enel Sintonen Niklas Eriksson Marcus Mezödi CEO CFO Managing Director, Sweden Managing Director, Germany Joni Tuominen Aino Hökeberg Jarkko Lehtismäki Managing Director, Finland Chief Business Development and Chief Digital Officer Transformation Officer CEO’S R
Slide 3: 2025 in Brief
2025 IN BRIEF Revenue by country Cars sold by country Average number of employees A total of 66 showrooms* in 2025 in 2025 in 2025 in three operating countries 9.4% 0 % 432 39 4,906 80 40 showrooms 18.4% 7,778 In total In total In total 128 875.9 M€ 57,518 cars 820 17 showrooms (1,010.2) (66,548) (9
Slide 4: Kamux Has Sold Over 600,000 Used Cars
KAMUX HAS SOLD OVER 600,000 USED CARS Revenue (MEUR) Cars sold (1,000) Showrooms at year-end 1,010 1,002 68,5 68,3 78 79 78 78 937 969 62,9 66,5 71 69 68 60,7 876 55,4 57,5 61 724 46,6 53 659 41,0 47 36,3 41 528 455 28,5 34 405 27 310 20,3 20 14,2 16 215 10,5 13 152 5,0 6,9 7 9 112 53 74 1,8 2,6 3,6
Slide 5: Weak New Car Sales in 2025 Kept the Used-Car Market Tight
WEAK NEW CAR SALES IN 2025 KEPT THE USED-CAR MARKET TIGHT Finland* Sweden* Germany* BEV Petrol BEV Petrol BEV Petrol PHEV Diesel PHEV Diesel PHEV Diesel Hybrid without PHEV Others Hybrid without PHEV Others Hybrid without PHEV Gas 120 114 400 4 000 110 353 3 607 98 350 100 96 3 500 90 88 300 289 297
Slide 6: The Shift in Power Sources Is Also Progressing in the Used-Car Market
THE SHIFT IN POWER SOURCES IS ALSO PROGRESSING IN THE USED-CAR MARKET Finland Sweden Germany PHEV BEV PHEV BEV PHEV BEV Hybrid without PHEV Others Hybrid without PHEV Others Hybrid without PHEV Others 800 735 1 400 7 000 6 512 708 6 480 700 678 1 250 1 254 653 1 194 1 201 6 031 1 200 6 000 5 642 600
Slide 7: 2025 Was a Challenging Year for Kamux
2025 WAS A CHALLENGING YEAR FOR KAMUX (MEUR) 1-12/2025 1-12/2024 Change, % Revenue 875.9 1,010.2 -13.3% Gross profit 85.3 96.8 -11.9% as percentage of revenue, % 9.7% 9.6% Operating result (EBIT) 0.6 7.9 -92.8% as percentage of revenue, % 0.1% 0.8% Adjusted operating result 3.3 11.6 -71.2% as percen
Slide 8: Focus on Profitable Deals Continued in a Challenging Operating Environment
FOCUS ON PROFITABLE DEALS CONTINUED IN A CHALLENGING OPERATING ENVIRONMENT… Sold cars (pcs) 70 000 68,429 68,257 66,548 5 408 62,922 5 603 5 836 60 000 14 361 4 885 12 777 57,518 10 618 13 739 4 906 50 000 7 778 48 660 49 877 50 015 40 000 44 298 44 402 30 000 20 000 10 000 0 2021 2022 2023 2024 202
Slide 9: Revenue from Integrated Services Remained Stable
REVENUE FROM INTEGRATED SERVICES REMAINED STABLE Revenue from integrated services 60 10% 55,2 52,9 53,0 53,2 9% 50 8% 42,8 7% 40 6,1% milj. euroa 5,5% 5,5% 6% 5,3% 30 4,6% 5% 4% 20 3% 2% 10 1% 0 0% 2021 2022 2023 2024 2025 Kamux Plus Finance fees and insurance commissions Integrated services, % of r
Slide 10: Operating Cash Flow at a Historically Strong Level
OPERATING CASH FLOW AT A HISTORICALLY STRONG LEVEL, DRIVEN BY ACTIVE INVENTORY MANAGEMENT Operating cash flow (MEUR) Inventories (MEUR) 60 140 132,8 131,0 50,4 117,2 120 114,1 50 100,2 100 40 80 30 26,1 25,2 60 20 40 10 7,3 20 2,5 0 0 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 CEO’S REVIEW 23
Slide 11: Key Actions and Events in 2025
KEY ACTIONS AND EVENTS IN 2025 1 Customer satisfaction improved across all markets. The Group’s 2 The Jyväskylä flagship showroom was opened in the Autumn. The property is owned 3 Reassessment of country organization structures and efficiency, with gradual full-year NPS was 61 by Kamux and was purpo
Slide 12: Tracking Progress Towards Our Long-Term Targets
TRACKING PROGRESS TOWARDS OUR LONG-TERM TARGETS LONG-TERM TARGET FY 2022 FY 2023 FY 2024 LTM(1 FINANCIAL Sold cars, pcs 100,000 / year 62,922 68,257 66,548 57,518 Revenue, MEUR 1,500 / year 969 1,002 1,010 876 Adj. EBIT margin, % 4% 1.8% 1.8% 1.1% 0.4% NON-FINANCIAL Q4/25 NPS(2 60 50 51 65 eNPS(3 40
Slide 13: Outlook for 2026
OUTLOOK FOR 2026 Kamux expects its adjusted operating profit for 2026 to increase from the previous year. CEO’S REVIEW 23.4.2026 13
Slide 14: Kamux Is Europe's 5th Largest Used Car Retailer
KAMUX IS EUROPE’S 5TH LARGEST USED CAR RETAILER Largest used car retailers in Number of operating Cars sold in Europe in 2026 Home country countries 2025, pcs Aures Holdings (AAA Auto) Czech Republic 3 111 000 Autohero Germany 9 101 000 Aramis France 6 89 000 OcasionPlus Spain 1 ~70 000* Kamux Finla
Slide 15: Become the #1 Used Car Retailer in Europe
OUR VISION BECOME THE #1 USED CAR RETAILER IN EUROPE CEO’S REVIEW 23.4.2026 15
Slide 16: M&A to Accelerate Growth
CUSTOMER PROMISE OPERATIONAL EFFICIENCY Become the most friendly, Industrialize convenient and standardize operations and trustworthy used car across value chain retailer M&A TO ACCELERATE GROWTH Customer-centric Global and local purchasing offering for consumers teams to utilize power of and profes
Slide 17: One Kamux – Productivity Improvement
ONE KAMUX – PRODUCTIVITY IMPROVEMENT Optimizing volume and Data-driven profitability pricing and S&OP PASSIONATE AND CAPABLE EMPLOYEES One Kamux way, Inventory and showrooms, Consistent way of working, fit selection, no lazy capital clear standards and controls CEO’S REVIEW 23.4.2026 17
Slide 18: Thank You!
KAMIX 6-3 THANK YOU!