Slide 1: Q2 2025 Results
INVESTOR PRESENTATION Q2 2025 Results September 2025 1
Slide 2: Agenda
Agenda KEY BUSINESS HIGHLIGHTS Group & Regional financial results Closing remarks and Q&A FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements, which include estimates of financial performance and targets. These statements are not guarantees of future performance and invo
Slide 3: Q2 performance affected by market uncertainty
01 | KEY BUSINESS HIGHLIGHTS Q2 performance affected by market uncertainty Revenue Organic growth Operating profit Operating margin DKKm % excl. special items, DKKm excl. special items, % Q2 2025 462.2 -1.7% 22.9 5.0% (-2.5% growth vs LY) (11.0% Q2 24) (DKK 32.0m Q2 24) (6.7% Q2 24) SEP 2025 | NNIT
Slide 4: Early signs of improvement despite soft performance
01 | KEY BUSINESS HIGHLIGHTS Early signs of improvement despite soft performance Continued slowdown Early signs of Won important Region US returning Full-year financial in the IT Life Science improvement contracts during Q2 to growth outlook unchanged consultancy industry SEP 2025 | NNIT | Q2 2025 R
Slide 5: Solid strategic progress has continued
01 | KEY BUSINESS HIGHLIGHTS Solid strategic progress has continued IMPORTANT STRATEGIC MILESTONES REACHED… …AND CONTINUED FOCUS ON STRATEGIC PROGRESS New organizational Integration of SL Controls Refining the operating Go-to-market plan structure & Excellis model reassessed Transformational journey
Slide 6: Fragmented regional performance in the second quarter
01 | KEY BUSINESS HIGHLIGHTS Fragmented regional performance in the second quarter REGION EUROPE REGION US REGION ASIA REGION DK Q2 2025 Q2 2025 Q2 2025 Q2 2025 Organic growth Reg. OP margin Organic growth Reg. OP margin Organic growth Reg. OP margin Organic growth Reg. OP margin -13.7% 16.8% 4.1% 2
Slide 7: Full-year outlook unchanged – expected in the low end
01 | KEY BUSINESS HIGHLIGHTS Full-year outlook unchanged – expected in the low end OUTLOOK 2025 (5 May 2025) OUTLOOK 2025 (18 Feb 2025) Organic growth 0% to 5% 7% to 10% Group operating profit margin excl. SI 7% to 9% 7% to 9% SEP 2025 | NNIT | Q2 2025 RESULTS | INVESTOR PRESENTATION 7
Slide 8: Agenda
Agenda Key business highlights GROUP & REGIONAL FINANCIAL RESULTS Closing remarks and Q&A SEP 2025 | NNIT | Q2 2025 RESULTS | INVESTOR PRESENTATION 8
Slide 9: Improved profitability amid negative growth due to market uncertainty
02 | GROUP & REGIONAL FINANCIAL RESULTS Improved profitability amid negative growth due to market uncertainty Q2 2025 FINANCIAL HIGHLIGHTS, DKKm & % REVENUE ORGANIC GROWTH GROSS MARGIN REGIONAL OP MARGIN excl. SI GROUP OP MARGIN excl. SI 462.2 -1.7% 23.5% 16.2% 5.0% (-2.5% vs Q2 24) (11.0% in Q2 24)
Slide 10: Special items of DKK 46m YTD mainly due to restructuring
02 | GROUP & REGIONAL FINANCIAL RESULTS Special items of DKK 46m YTD mainly due to restructuring SPECIAL ITEMS Q2 2025 BRIDGE, DKKm Up to DKK 69m ~3 Up to DKK 15m Q1 2025 Q2 2025 46 ~5 19 25 1 1 20 3 2 Earn-out New IT Restructuring Special items, Earn-out New IT Restructuring Special items, Earn-out
Slide 11: Regional and corporate overhead to be further reduced
02 | GROUP & REGIONAL FINANCIAL RESULTS Regional and corporate overhead to be further reduced COST REDUCTIONS & EFFICIENCY GAINS, DKKm 1 Cost savings on IT consumption & services driven by optimized Azure consumption, insourcing of services and termination of contracts ~ -5-10 2 Facility savings rel
Slide 12: Full-year outlook unchanged – expected in the low end
02 | GROUP & REGIONAL FINANCIAL RESULTS Full-year outlook unchanged – expected in the low end FY 25 OUTLOOK IMPLIED H2 2025 OUTLOOK UNCHANGED ORGANIC GROWTH GROUP OPERATING PROFIT MARGIN EXCL. SPECIAL ITEMS Low end of 0-5% Low end requires ~1.5% Low end requires ~10% Low end of 7-9% ORGANIC GROWTH L
Slide 13: Agenda
Agenda Key business highlights Group & Regional financial results CLOSING REMARKS AND Q&A SEP 2025 | NNIT | Q2 2025 RESULTS | INVESTOR PRESENTATION 13
Slide 14: Closing remarks
03 | CLOSING REMARKS & Q&A Closing remarks MARKET UNCERTAINTY EARLY SIGNS OF SOLID STRATEGIC FULL-YEAR OUTLOOK REMAINS IMPROVEMENT PROGRESS CONTINUES UNCHANGED SEP 2025 | NNIT | Q2 2025 RESULTS | INVESTOR PRESENTATION 14
Slide 15: Q&A
Q&A SEP 2025 | NNIT | Q2 2025 RESULTS | INVESTOR PRESENTATION 15
Slide 16: Appendix
APPENDIX SEP 2025 | NNIT | Q2 2025 RESULTS | INVESTOR PRESENTATION 16
Slide 17: The NNIT investment case
The NNIT investment case NNIT will grow its existing business utilizing its core assets alongside increasing profitability. Further opportunities to grow through M&A supported by robust balance sheet 01 | GROWTH 02 | PROFITABILITY 03 | BALANCE SHEET 04 | M&A Well-positioned in Leveraging existing Po
Slide 18: Our future state
Our future state In 2026, we are an industry leading employer and solution provider specialized in international life science and the Danish Public market Industry-leading employer A truly international A commercially savvy with strong attraction, retention company driven by strong company where eve
Slide 19: Business approach
Business approach Together with our customers and partners, we bring digital transformation to life and make a mark. We target industries where regulatory demands, high complexity and quality of life is at play Our solutions portfolio delivers a strong value proposition to specific customer needs wi
Slide 20: Focus towards 2026
Focus towards 2026 OUTGROWING THE MARKET DOMAIN FOCUS REPEATABILITY INTERNATIONAL MINDSET ACQUISITIONS We aspire to grow Building domain Continued New organization Focused M&A faster than the and tech investments in catering to approach to market i.e. take competencies in bringing new regional suppo
Slide 21: Group P&L
Group P&L NNIT A/S Quarterly performance FY performance DKKm Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 FY24 FY23 Revenue 462.2 464 470 445 474 1,851 1,728 Production cost 353.5 344 352 330 353 1,372 1,283 Gross profit 108.7 120 117 115 121 479 445 Gross margin 23.5% 25.8% 25.0% 25.8% 25.5% 25.8% 25.7%
Slide 22: Region Europe P&L
Region Europe P&L Region Europe Quarterly performance FY performance DKKm Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 FY24 FY23 Revenue 116.4 119 124 127 135 512 465 Production cost 90.8 92 92 101 101 391 330 Gross profit 25.6 27 33 25 34 121 135 Gross margin 22.0% 22.7% 26.2% 19.9% 25.1% 23.6% 29.0% Re
Slide 23: Region US P&L
Region US P&L Region US Quarterly performance FY performance DKKm Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 FY24 FY23 Revenue 89.2 87 80 85 88 346 387 Production cost 59.6 50 37 52 61 207 252 Gross profit 29.6 37 43 33 27 139 135 Gross margin 33.2% 42.5% 54.0% 39.0% 30.8% 40.0% 34.9% Regional overhead
Slide 24: Region Asia P&L
Region Asia P&L Region Asia Quarterly performance FY performance DKKm Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 FY24 FY23 Revenue 37.9 37 44 36 37 149 144 Production cost 31.2 30 40 28 27 123 135 Gross profit 6.7 7 4 7 11 26 9 Gross margin 17.7% 18.3% 9.5% 20.9% 28.4% 17.2% 6.3% Regional overhead cost
Slide 25: Region Denmark P&L
Region Denmark P&L Region DK Quarterly performance FY performance DKKm Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 FY24 FY23 Revenue 218.7 221 221 197 214 844 732 Production cost 171.9 172 184 148 164 651 566 Gross profit 46.8 49 38 49 49 193 166 Gross margin 21.4% 22.2% 17.0% 24.8% 23.0% 22.9% 22.7% Re
Slide 26: | NNIT | Q2 2025 RESULTS | INVESTOR PRESENTATION
SEP 2025 | NNIT | Q2 2025 RESULTS | INVESTOR PRESENTATION 26