Slide 1: Basic-Fit Investor Presentation
BASIC-FIT INVESTOR PRESENTATION March 2026
Slide 2: Table of Contents
TABLE OF CONTENTS 1. RECAP FY 2025 RESULTS 2. CLEVER FIT ACQUISITION 3. FRANCHISE OFFER 4. FINANCIALS
Slide 3: Group Highlights FY 2025 Including Clever Fit
GROUP HIGHLIGHTS FY 2025 INCLUDING CLEVER FIT Underlying Clubs Memberships Revenue EBITDA less rent 2,151 5.8 million €1,420 million €348 million Up 37% year-on-year Up 36% year-on-year Up 17% year-on-year Up 11% year-on-year Highlights include Basic-Fit owned clubs, Clever Fit owned clubs and Cleve
Slide 4: Highlights FY 2025 Basic-Fit Owned Clubs
HIGHLIGHTS FY 2025 BASIC-FIT OWNED CLUBS Underlying Clubs Memberships Revenue EBITDA less rent 1,660 4.82 million €1,410 million €345 million Up 5% year-on-year Up 13% year-on-year Up 16% year-on-year Up 10% year-on-year Highlights exclude Clever Fit acquisition
Slide 5: Continued Strong Growth Through Owned and Franchise Clubs
CONTINUED STRONG GROWTH THROUGH OWNED AND FRANCHISE CLUBS 246 Netherlands 444 Germany Strong growth: organic and acquired 236 Belgium 49 Austria Basic - Fit owned clubs: 85 net growth 10 Luxembourg 1 Czech Republic Clever Fit owned clubs: 56 acquired 894 France 2 Romania Clever Fit franchise clubs:
Slide 6: 4.82 Million Basic-Fit Memberships
4.82 MILLION BASIC-FIT MEMBERSHIPS 13% YOY MEMBERSHIP GROWTH Basic-Fit membership development 2016 to 2025 Increased membership base by 564K versus FY millions 2024 5.0 4.0 Avg membership per club increased by 201 from 2,701 to 2,902 3.0 2.0 Yield per member increased to €24.91 (2.8% increase YoY) 1
Slide 7: Continued Delivery of Strong Growth
CONTINUED DELIVERY OF STRONG GROWTH ALL KPI’S HAVE DOUBLE DIGIT CAGRS (2016 – 2025) # of clubs # of memberships ('000s) 4.82 2,000 5.00 4.25 1,660 1,575 1,600 4.00 1,402 3.35 1,200 1,200 3.00 1,015 905 2.22 2.22 2.22 2.00 784 1.84 2.00 1.52 800 629 521 1.21 419 1.00 400 0.00 0 2016 2017 2018 2019 20
Slide 8: Outlook 2026
OUTLOOK 2026* CONTINUED STRONG GROWTH IN REVENUE AND UNDERLYING EBITDA LESS RENT Continued growth of Revenue between Underlying EBITDA Significant net 50 Basic-Fit €1.64 - €1.69 billion less rent €405 - improvement in owned clubs €445 million positive free cash flow *outlook includes Clever Fit owne
Slide 9: Clever Fit Acquisition
CLEVER FIT ACQUISITION
Slide 10: Clever Fit
CLEVER FIT GERMAN LEADER AND LARGEST FITNESS FRANCHISOR IN EUROPE ACQUISITION INTEGRATION 493 clubs 1 acquired of which 437 franchise Profitability increasing due to synergies clubs 17 clubs acquired from DE franchisee 7 geographic locations Conversations about rebranding first Strong footprint in D
Slide 11: Franchisee Offer
FRANCHISEE OFFER
Slide 12: The Value for Basic-Fit: Great Strategic & Embedded Value
THE VALUE FOR BASIC-FIT GREAT STRATEGIC & EMBEDDED VALUE 1 2 3 STRATEGIC EMBEDDED OWNED CLUBS Reduced time to 2024: 11-12 times 56 owned clubs – to be achieve scale in DE by underlying EBITDA less rebrand Basic-Fit in several years rent 2026 Immediate leader in 2027: 3 – 6 times ~2,000 memberships p
Slide 13: Utilising Our Capabilities
13 UTILISING OUR CAPABILITIES WILL INCREASE REVENUE AND PROFIT FOR ALL 1 2 3 MORE MORE REVENUE HIGHER FEE MEMBERS AND LESS INCOME FOR OPERATING COST BASIC-FIT FOR FRANCHISEES
Slide 14: Franchisee Offer
FRANCHISEE OFFER OPTION 1: REBRANDING OPTION 2: REBRANDING + 24/7 STAFFLESS MODEL BRANDING : €125k BRANDING & 24/7 : €250k Engaging look and feel Tech-enabled operations In-store signageEngaging look In-store signage and feel Outdoor signage In-store signage Smart camera system Outdoor signage Brand
Slide 15: Financials
FINANCIALS
Slide 16: Income Statement Full Year 2025
INCOME STATEMENT FULL YEAR 2025 P&L 2025 2024 % (Key line items; in € millions ) Total revenue includes €10.8 million Clever Fit contribution Revenue 1,420.5 1,215.2 17% Club costs increase was 15% excluding Club costs 899.6 750.1 20% 24/7 staffed / extended opening hours Overhead incl. 157.4 147.9
Slide 17: Capex Overview
CAPEX OVERVIEW Expansion Capex €1.33 million (2024: €1.30 milion) spent on average per newly built club Maintenance capex €60 thousand per club (2024: €58 thousand) Anticipate similar costs per club in 2026 Other capex €31.0 million (2024: €19.3 million) Increase driven by new club design & wellness
Slide 18: Free Cash Flow
FREE CASH FLOW CAPITAL ALLOCATION STRATEGY AND CASH FOCUS YIELD POSITIVE FREE CASH FLOW 2025 2024 Underlying EBITDA less rent 348.3 312.9 Exceptionals (12.6) (12.3) Changes in working capital 7.8 (48.1) Interest , tax and other non - cash corrections (51.5) (48.9) Maintenance capex (99.2) (86.2) Oth
Slide 19: Well Financed Until 2029
WELL FINANCED UNTIL 2029 Maturity of debt 800 €474 MILLION AVAILABLE LIQUIDITY 730 600 OFFER OUTSTANDING FOR LOCK - UP PUT OPTION CONVERTIBLE BOND ( €113M COMMITTED) 400 70 330 304 304 €290 MILLION BANK FACILITY IN PLACE TO MEET 200 POTENTIAL REMAINING DEMAND 0 MAIN SYNDICATE BANK FACILITY TO MATURE
Slide 20: Outlook 2026
OUTLOOK 2026* CONTINUED STRONG GROWTH IN REVENUE AND UNDERLYING EBITDA LESS RENT Continued growth of Revenue between Underlying EBITDA Significant net 50 Basic-Fit €1.64 - €1.69 billion less rent €405 - improvement in owned clubs €445 million positive free cash flow *outlook includes Clever Fit owne
Slide 21: Thank You!
THANK YOU! Name speaker 11 MARCH 2026
Slide 22: Disclaimer
DISCLAIMER This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of Basic Fit N.V. and its subsidiaries (referred to as 'the company') and certain of the plans and objectives of the company with respect to these item