Veolia Environnement Sa · EURONEXT:VIE
Veolia Environnement Sa — Veolia — Finance presentation webinar: multi-faceted performance and value creation (March 2026)
34 slides from Veolia Environnement Sa's conference presentation, Mar 23, 2026
Slide 1: Monday, 23 March 2026 Finance webinar
= Monday, 23 March 2026 -from 10:00 a.m. to 11:00 a. ‘A aye
Slide 2: Agenda
AGENDA 1 Veolia’s Performance in Environmental Security 2 Focus #1: Decarbonization Achievements Zoom on Harbin 3 Focus #2: Regeneration & Depollution Achievements 4 Focus #3: An Engaged Team 5 Key Takeaways
Slide 3: Veolia's Performance in Environmental Security
1 VEOLIA’S PERFORMANCE IN ENVIRONMENTAL SECURITY Estelle BRACHLIANOFF Chief Executive Officer, Veolia
Slide 4: Very Strong 2025 Results, Exceeding Annual Guidance
Very Strong 2025 Results, Exceeding Annual Guidance 2025 Key Figures Key Takeaways Revenue: €44,396M, up +2.8%(1) ● Revenue growth fueled by International and Boosters ● Organic EBITDA growth above +5% to +6% annual EBITDA: €7,050M, up +6.3%(2) guidance, with an acceleration in Q4 EBITDA margin: 15.
Slide 5: 2 out of 3 of our GreenUp Objectives Already Achieved
2 out of 3 of our GreenUp Objectives Already Achieved GreenUp Strategy Multifaceted Performance Environmental Impact a Compass for Value Creation Decarbonization +23.6% CO2e erased(a) (Scope 4) vs 2023 +30% in 2027 vs 2023 & Net Zero 2050 Regeneration 1.57bn m3 of fresh water saved in 2025 1.5bn m3
Slide 6: All Multi-Faceted Performance KPIs on Track or Already Achieved
All Multi-Faceted Performance KPIs on Track or Already Achieved ○ Environmental ○ Human Resources 1,574 bn m3 of fresh water saved 88% Engagement rate 18.6% Scopes 1 & 2 GHG emissions reduction (vs 2021) 37.1% of Group Management Committee €141m decarbonization capex(1) made up of women 80% deployme
Slide 7: ESG Ratings Validating Veolia's Leadership in 2025
ESG Ratings Validating Veolia's Leadership in 2025 General ESG Climate > ESG rating of A in 2025 > Climate change: A rating, Leadership band(5) > ESG Risk Rating of 19.9, Low risk(4) > Net Zero 2050 validation(6) > Certified 1.5°C > Sustainability Yearbook 2025 (Top 5%)(2) > NZ-2 rating “Advanced”(7
Slide 8: Main Extra Financial Achievements in 2025
Main Extra Financial Achievements in 2025 Extra-Financial Ratings Governance Employee Engagement Recognition of our Ecological transformation Reinforcing employee leadership in climate acceleration with the shareholders and water “Future Generations management Council” The highest "A"rating from CDP
Slide 9: Creating Value while Delivering Environmental Security
Creating Value while Delivering Environmental Security Veolia, Proprietary Solutions Clients’ Challenges Environmental Security for Critical Needs License to Operate Scarcity of natural resources Decarbonization Climate Change Mitigation WATER & Adaptation WASTE Resource Regeneration Affordability E
Slide 10: Focus #1: Decarbonization Achievements
FOCUS #1: 2 DECARBONIZATION ACHIEVEMENTS Zoom on Harbin Emmanuelle MENNING Deputy CEO Finance and Purchasing, Veolia Christophe MAQUET CEO, Asia-Pacific Zone, Veolia
Slide 11: Uniquely Positioned to Tackle Climate Change for Our Clients
Uniquely Positioned to Tackle Climate Change for Our Clients Climate Change VEOLIA SOLUTIONS FOR CUSTOMERS Challenges Climate Change Mitigation Water Scarcity Transformation of Methane capture and Energy efficiency heating and cooling energy from waste of assets networks Extreme Weather Events Clima
Slide 12: Scopes 1&2: Veolia Carries on Massive Decarbonization Plans
Scopes 1&2: Veolia Carries on Massive Decarbonization Plans Ahead of our decarbonization trajectory 2021(1) 24.3 Mt CO2e Main decarbonization levers Planned trajectory ● Methane capture plan Actual trajectory especially in Latin America 2032 ● Energy efficiency plan over Veolia assets 2025 -50% vs.
Slide 13: Scopes 1&2: Creating Value with Decarbonization, Coal Exit
Scopes 1&2: Creating Value for the Group with Decarbonization Focus on Coal Exit in Europe by 2030 5 networks already transformed (Coal Exit) IRR>10% +€250M Poznań switching generation of power Additional Germany Poland & heat from coal to a mix of gas, biomass, EBITDA waste heat (geothermal to come
Slide 14: Scope 3: Tashkent District Heating Network, Uzbekistan
Scope 3: Supporting our Clients’ Decarbonization Trajectory Focus on Tashkent District Heating Network, Uzbekistan IMPACT OF VEOLIA SOLUTIONS Scope 1&2 For the client -46% (-621 kt CO2) 1.2M inhabitants connected to the District heating network owned by the city and operated by Veolia since mid-2022
Slide 15: Scope 4: Solutions to Boost Erased Emissions for our Clients
Scope 4*: Solutions to Boost Erased Emissions for our Clients IMPACT OF VEOLIA SOLUTIONS Scope 1&2 For the client -637 kt CO2 Example: WENT Landfill operated by Veolia vs 2021 for Hong Kong By deploying methane capture solutions at client sites, Veolia reduces its clients’ direct emissions or scope
Slide 16: Zoom: Urban Heating Network Harbin, China
ZOOM: URBAN HEATING NETWORK HARBIN, CHINA Christophe MAQUET CEO, Asia-Pacific Zone, Veolia
Slide 17: Harbin: A Challenging Context for Decarbonization
Zoom: Urban Heating Network Harbin, China A Challenging Context for Decarbonization ● Essential service for population: top asset to support 6 months heating season with an average temperature of -20°C in winter ● Veolia has been operating the network since 2007 serving a population of 600,000+ inha
Slide 18: Harbin: Veolia Best in Class in Reducing CO2 Emissions
Zoom: Urban Heating Network Harbin, China Veolia Best in Class in Reducing CO2 Emissions MAIN LEVERS ALREADY DEPLOYED PREPARING THE FUTURE ● Improving heating plant efficiency with flue gas waste heat recovery system ● Replacing a share of coal with biomass: From 2028 to 2030, ~10% of CHP's coal ● I
Slide 19: Focus #2: Regeneration & Depollution Achievements
FOCUS #2: 3 REGENERATION & DEPOLLUTION ACHIEVEMENTS Sébastien DAZIANO Senior Vice President, Strategy, lnnovation & Development, Veolia
Slide 20: Resource Regeneration: Fighting Water Scarcity
Ensuring Environmental Security with Resource Regeneration Fighting Water Scarcity For long-term industrial resilience What we offer & resource preservation ● Water consumption & distribution efficiency, Where: Vitória Water Reclamation Station, Brazil leakage reduction to reduce water extraction Wh
Slide 21: Depollution: Protecting People's Health
Ensuring Environmental Security with Depollution Protecting People’s Health Setting a new industry standard What we offer for environmental performance Where: Port Arthur, U.S. ● License to operate for industries What: PFAS management in Water & in Waste How: ● Regulatory compliance requiring innova
Slide 22: Nature-Based Solutions: Protecting Biodiversity
Protecting the water resource with Nature-Based Solutions Protecting Biodiversity For long-term industrial resilience What we offer & resource preservation Where: Sucre, Colombia ● Developing nature-based solutions What: By planting trees in specific geological outcrops to manage the water resource
Slide 23: Focus #3: An Engaged Team
4 FOCUS #3: AN ENGAGED TEAM Isabelle QUAINON Senior Vice President, Human Resources, Veolia
Slide 24: Fostering Employee Engagement as a Differentiating Factor
Fostering Employee Engagement as a Differentiating Factor Boosting employee engagement Engagement rate maintained at a high level Always acting for a safe and secure work environment Continuously building trust among our employees Creating and developing local impact ● Participation rate constantly
Slide 25: Always Acting for a Safe and Secure Work Environment
Always Acting for a Safe and Secure Work Environment Taking care of our employees Workplace accident frequency(1) with a special focus on: continuous decrease Workplace accident frequency ● Newly hired employees ● Waste recycling and biomass plants, -5.08% most prone to accidents 2025 vs 2024 -75% i
Slide 26: Continuously Building Confidence Among our Employees
Continuously Building Confidence Among our Employees Growing employee shareholding Maintaining our equal opportunities Expanding Veolia Cares initiatives year by year commitments 16 Sequoia shareholding Signing of the European Over 11,400 employees plans so far, Diversity and Inclusion engaged 45% s
Slide 27: Creating and Developing Local Impact
Creating and Developing Local Impact Volunteering Day 2025 3 Pillars of Employee Engagement Environmental preservation ● Volunteering initiatives: 11,400 employees involved Mobilizing teams to clean natural in 2025, with actions deployed across all Veolia spaces and restore local ecosystems entities
Slide 28: Key Takeaways
5 KEY TAKEAWAYS Estelle BRACHLIANOFF Chief Executive Officer, Veolia
Slide 29: Sustainability Embedded in a Robust Value Creation Model
Sustainability Embedded in a Robust Value Creation Model for Environmental Security Record financial results in 2025 above guidance A COHERENT MULTI-FACETED PERFORMANCE STRATEGY KPIs impacting variable Already ahead in our multi-faceted remuneration of 25,000 people performance targets ExCo members
Slide 30: Appendix
| APPENDIX Q@veoua
Slide 31: Multi-faceted Performance 2025 Results in Line With GreenUp 2027 targets
All Multi-faceted Performance 2025 Results in Line With GreenUp 2027 targets GreenUp Dimensions Objectives Indicators 2025 Sponsors 2023 baselines 2025 targets 2025 results Status 2025 2027 targets Customer satisfaction rate calculated using the Customer and consumer NPS = 57 with 84% score ≥ 30 wit
Slide 32: Alignment Ratio with the EU Green Taxonomy
The Alignment Ratio with the EU Green Taxonomy Demonstrates Veolia’s Engagement with Ecological Transformation Alignment Continues to Improve in 2025 Alignment rate with EU Green Taxonomy in 2025 ● Aligned turnover of 46% in 2025 vs 44% in 2024 ● 73% of eligible scope is aligned in 2025 vs 71% in 20
Slide 33: Find our Publications at veolia.com
Find our Publications at veolia.com NEW REPORTS Human Resources Universal Registration and Social Performance Document 2025 Report-2025 English will be published on March 26th ANNUAL PUBLICATIONS Integrated Report Climate Report Biodiversity Report 2024-2025 Multifaceted Performance & Value Creation
Slide 34: Veolia contact details
Q@veoua Veolia 30, rue Madeleine-Vionnet - 93300 Aubervilliers - France Tel.: +33 (0)1 855770 00 www.veolia.com