Vistin Pharma Asa · OSL:VISTN
Vistin Pharma Asa — Redeye Theme Event Diabetes 2026
19 slides from Vistin Pharma Asa's conference presentation, May 6, 2026
Slide 1: Redeye Theme Event Diabetes
Redeye Theme Event Diabetes Stockholm - 6 May 2026 Magnus Tolleshaug – CEO
Slide 2: Norwegian pharmaceutical company producing Metformin Hydrochloride
Norwegian pharmaceutical company producing Metformin Hydrochloride.
Slide 3: Introduction Vistin Pharma
Introduction Vistin Pharma – Long and successful track record of producing high quality API Vistin is a dedicated metformin pharmaceutical company with a current installed production capacity of Revenues Vistin Metformin (MNOK) 500 >6 000 metric tons 452 450 439 430 Metformin API (Active Pharmac
Slide 4: Vistin Pharma locations
Vistin Pharma locations Manufacturing Plant Oslo headquarter Site Fikkjebakke, Kragerø Østensjøveien, Oslo • ~75 employees • 6 employees • Opened 2002 • Administration • Manufacturing of Metformin • Finance HCl and DC • Regulatory Affairs • QC laboratory and release center (QA) • Sales • Procurement
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Slide 6: 590 million adults living with diabetes, expected to increase 45% by 2050
590 million adults in the world today is living with diabetes, this is expected to increase by 45% within 2050 Number of people living with diabetes / Source International Diabetes Federation, IDF Diabetes Atlas, eleventh edition, 2025
Slide 7: Global Metformin API demand expected to grow to 104,000MT by 2030
Global Metformin API demand expected to grow by approximately 28.000MT to 104.000MT by 2030 GLOBAL SALES DEVELOPMENT BY PRODUCT (METRIC TONS) 2019 - 2030 QTR RESEARCH 2024 120000 100000 80000 60000 40000 20000 0 2019 2020 2021 2022 2023 2024E 2025F 2026F 2027F 2028F 2029F 2030F Metformin DC Metformi
Slide 8: Vistin Pharma world wide sales footprint – 100% export out of Norway
Vistin Pharma - world wide sales footprint – 100% export out of Norway
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Slide 10: Average annual revenue growth ~10%, EBITDA growth ~27%
Average annual revenue Average annual EBITDA growth ~10% growth ~27% Revenue MNOK EBITDA MNOK 500 140 452 450 438 430 120 115 400 104 350 100 305 86 300 279 80 250 60 200 44 150 40 100 20 50 6 0 0 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 2025: Preliminary results 2022 EBITDA affected by ins
Slide 11: Committed to predictable annual returns to the shareholders
Committed to predictable annual returns to the shareholders Earnings per share increased by ~200% from 2021-2025 1,80 1,69 Dividend 2023. NOK 0.75 (paid out in 2024) 1,60 1,42 1,40 1,20 Dividend 2024: NOK 1 per share 1,03 1,00 0,80 Dividend 2025: NOK 1.25 per share 0,56 0,60 0,40 Proposed di
Slide 12: Strong balance sheet
Strong balance sheet Assets 31.12.2025 31.12.2024 Total non-current assets 235 909 241 757 Non-current assets mainly buildings and machines Total current assets 203 524 143 187 related to manufacturing site Total Assets 439 432 384 945 Strong balance sheet with an equity ratio of 75% Equity and
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Slide 14: Vistin Pharma – Uniquely positioned
Vistin Pharma – Uniquely positioned – A leading global supplier of Metformin Independent and dedicated Premium Quality Integrity in a Metformin producer competitive market • Provide high flexibility and exeptional • High quality Metformin API reduce brand delivery performance to customers and patien
Slide 15: Strategic intent: optimize and grow current business
Strategic intent: Optimize and grow our current business, strengthen our premium metformin supplier position… Build a >7000 metformin business through world class operations and strategic customer partnerships Make our manufacturing plant in Norway the most technology advanced and environmentall
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Slide 17: Vistin Pharma
— Vistin Pharma
Slide 18: Metformin is used in 1st-line treatment for T2D
Metformin is used in 1st-line treatment for T2D Metformin used to lower glucose Metformin combined with other (blood sugar) levels APIs are second- and third-line treatments, often high-priced • Reduces the liver’s production of patent-protected fixed dose glucose Medical rationale combination produ
Slide 19: Number of people living with diabetes
Number of people living with diabetes / Source International Diabetes Federation, IDF Diabetes Atlas, eleventh edition, 2025