Slide 1: H1 2026 Results
SEPTEMBER 10, 2026 H1 2026 RESULTS VISIOCONFERENCE
Slide 2: Disclaimer
DISCLAIMER This presentation does not constitute or form part of and should not be construed as any offer for sale of or solicitation of any offer to buy any securities of Ateme, nor should it, or any part of it, form the basis of or be relied on in connection with any contract or commitment whatsoe
Slide 3: Speakers
SPEAKERS Michel ARTIÈRES Véronique COULMANN Founder & Chief Executive Officer Chief Financial Officer Degree in Engineering from SUPELEC, PARIS, with Degree from Sup de Co (Poitiers) a specialization in signal processing MBA from Seattle University and telecommunications D.E.S.C.F - Certified Public
Slide 4: Who we are
~~ Whe we are
Slide 5: The Video Delivery Leader
THE VIDEO DELIVERY LEADER Listed since 2014 Ateme enables content providers, service providers and streaming platforms to captivate their audiences with a superior Quality of Experience, so they can boost €95.6m in 2025 viewership engagement, acquire new customers, and unleash new monetization poten
Slide 6: Quickly evolving market: from traditional TV to streaming
QUICKLY EVOLVING MARKET: FROM TRADITIONAL TV TO STREAMING Streaming platforms SVOD, AVOD, virtual video distributor Digital Experience & E-commerce OTT streaming services to multiscreen CDN, cDVR 5G Broadcast Viewers Pay-TV services Contribution Distribution to set-top box Content provider Service P
Slide 7: Ateme unique position with end-to-end stack
ATEME UNIQUE POSITION WITH END-TO-END STACK Broadcast OTT Contribution DVR Storage Ad Insertion Delivery Headend Headend x x x x x x x x x x x MediaKind completes merger with Harmonic’s video business x x x x x (source: Mediakind, June 2026) x Lumine Group Enters into an x x x x x Agreement to Acqui
Slide 8: Ateme Advisory Board
ATEME ADVISORY BOARD Mission: help Ateme reinvent the video consumption Anne Schelle Mike Kralec Phil Layton Stuart Baillie Weidong Mao Sebastian Audoux Jeff Lowe Pascal Crochemore Anna Lockwood Dave Van Hoy Will Law Andy Beach Anil Jain James Pearce Sergey Fedorov Confidential & proprietary
Slide 9: Ateme engaged in CSR
ATEME ENGAGED IN CSR “ Make the entertainment and video experience captivating, greener, and accessible to everyone ” A CSR policy led by the COO in direct contact with the Executive Committee and fully integrated into the company’s overall strategy Already achieved >>>>>>>>>>>>>>>>>>>>>>>> Commitme
Slide 10: H1 2026 Results
H1 2026 Results Confidential & proprietary
Slide 11: Activity H1 2026
ACTIVITY H1 2026: €100.0m €50.4m (vs. €41.9 m €93.5m €95.6m in H1 2025) €90.6m €78.8m +20% 32.8 €70.1m +25% €66.3m at constant exchange rate & perimeter €56.5m €48.6m 20.9 €50.4m Q2 2026: +29% €37.5m +34% at constant 30.4 exchange rate €28.6m 23.5 & perimeter Q1 2026: +8% +14% at constant 18.4 19.9
Slide 12: Revenue split and growth by region
REVENUE SPLIT AND GROWTH BY REGION H1 2026 REVENUE H1 2026 REVENUE SPLIT BY REGION GROWTH BY REGION LATAM €5.9m 12% EMEA EMEA +12% APAC USA/CAN +35% €6.9m €21.8m +45% +15% 14% 43% (at constant exchange rate) (at constant exchange rate) LATAM +25% APAC +12% +33% +16% (at constant exchange rate) (at c
Slide 13: Building lasting growth, one recurring dollar at a time
BUILDING LASTING GROWTH, ONE RECURRING DOLLAR AT A TIME +20% +8% Multi-Year 3,245 investment SaaS and Maintenance MRR, 2,999 3,135 subscription 2,954 Contracts in € thousands 2,708 2,712 2,735 2,443 2,470 Monthly Recurring Revenue (MRR) 1,960 1,500 Increased visibility with secured revenues 880 High
Slide 14: P&L (1/3)
P&L (1/3) Consolidated data – IFRS In thousands of euros FY 2025 H1 2025 H1 2026 Change Revenue 95,577 41,948 50,368 +20% • Margin rate on direct costs: 75.1% of Margin on direct costs 71,863 32,205 37,840 +17% +17% revenue in H1 2026, stable vs. FY 2025 Margin 75.2% 76.8% 75.1% Fixed sales costs (1
Slide 15: P&L (2/3)
P&L (2/3) Consolidated data – IFRS In thousands of euros FY 2025 H1 2025 H1 2026 Change Total operating expenses slight increase by +€0.9m in H1 2026 (after decrease Gross profit 58,223 25,384 30,969 +22% -€2.7m in H1 2025) due to G&A expenses • R&D: -€0.2 million (-1%) including credit of CIR ANEVI
Slide 16: P&L (3/3)
P&L (3/3) Consolidated data – IFRS In thousands of euros FY 2025 H1 2025 H1 2026 Change Operating profit 3,899 (1,067) 3,644 +€4.7m Decrease in financial expenses: repayment of financial debt and no new bank borrowings Financial loss (1,515) (775) (698) in H1 2026 Financial profit 122 92 89 Exchange
Slide 17: Balance Sheet
BALANCE SHEET Consolidated data – IFRS In thousands of euros 2025/12/31 2026/06/30 Non-current assets 30,449 31,201 o/w Goodwill 12,886 12,886 o/w Intangible assets 7,858 7,482 o/w Deferred tax assets 1,274 0,701 ASSETS Current assets 81,910 79,133 Trade receivables down -23% due to seasonality patt
Slide 18: Adjusted Net Financial Debt
ADJUSTED NET FIN AN CIAL DEBT Consolidated data – IFRS In thousands of euros 2025/12/31 2026/06/30 • Financial debt repayment, with no new borrowings Cash & cash equivalents 5,340 7,081 • €7.5 m of various bank loans, o/w financial debt over 1 year : €5.9m Financial debt1 9,693 8,701 o/w bank loans
Slide 19: Cash-Flow Statement
CASH - FLOW STATEMEN T Consolidated data – IFRS In thousands of euros H1 2025 H1 2026 Working capital evolution: decrease of Gross cash-flow 116 6,876 receivables higher than stock increase (-) Change in Working Capital (990) 2,162 and trade payable decrease Cash-flow from operations (874) 8,934 €9.
Slide 20: Recent business & market news
Recent business & market news
Slide 21: Ateme & Comcast collaboration for premium live video services
ATEME & COMCAST COLLABORATION FOR PREMIUM LIVE VIDEO SERVICES Collaboration with Comcast Technology Solutions (CTS) to combine leading managed services and media technologies for live video delivery CTS will leverage Ateme’s TITAN video compression, NEA OTT delivery and monetization solutions Packag
Slide 22: Other recent business & market news
OTHER RECENT BUSINESS & MARKET NEWS Read press release Read press release Read press release Confidential & proprietary
Slide 23: Outlook
Outlook
Slide 24: Ateme @ IBC: see what end-to-end really means
AT E M E @ I B C 2 0 2 6 : S E E W H AT “ E N D -TO - E N D ” R E A L LY M E A N S ! IBC2026 AI put to work for Sport and Streaming Show AI built into the media workflow and for live sports: identify key moments, create highlights, build continuously updated event chapters for live sports One stream
Slide 25: Recipe for profitable growth in and beyond
R E C I P E F O R P R O F I TA B L E G R O W T H I N 2 0 2 6 & B E YO N D Keep growing while optimizing our productivity Increase investment and focus on sports Deploy AI tools/agents in R&D, presales, and streaming in US & EU support, finance, etc. with the target of sustained growth at stable head
Slide 26: H2 EBITDA always exceeds H1
H2 EBITDA ALWAYS EXCEEDS H1 +€6.2m +€9.6m +€2.4m +€2.7m €7.7m +€2.1m €6.3m €5.3m €4.3m €3.7m €2.7m €2.1m €1.3m €1.5m €0.0m H1 2021 H2 2021 H1 2022 H2 2022 H1 2023 H2 2023 H1 2024 H2 2024 H1 2025 H2 2025 H1 2026 Change H2 vs. H1 -€4.3m EBITDA: earnings before interest, tax, depreciation and amortisat
Slide 27: On track with our objectives
ON TRACK WITH OUR OBJECTIVES 2026 2027 Management target EBITDA €15 million €22 million MRR - €4 million 27
Slide 28: Capital markets snapshot
CAPITAL MARKETS SNAPSHOT Shareholder structure Stock price (€) 1 year period +10-year period Number of shares : 11,734,619 Potential dilution : 7.1% as of 7 September 2026 Concert Artières 10,5% Mont Blanc Alpen Stock 5,8% Float Proloc 62,9% 5,7% Positano 5,4% Otus Capital 4,9% Market data Financial
Slide 29: Thank you
AT=Mz THANK YOU Captivate your audience