Pluxee N.v. · EURONEXT:PLX
Pluxee — Q1 2026 Earnings Presentation
27 slides from Pluxee's earnings presentation, Jan 7, 2026
Slide 1: Q1 Fiscal 2026 Revenues
Q1 Fiscal 2026 Revenues January 7, 2026
Slide 2: Presentation Speakers
Aurélien Sonet Chief Executive Officer Presentation Speakers Stéphane Lhopiteau Chief Financial Officer ©Pluxee – All rights reserved 2
Slide 3: Highlights & Key Figures
01 Highlights & Key Figures Financial Performance Outlook Appendices ©Pluxee – All rights reserved 3
Slide 4: Robust start in Q1 FY26, delivering on expectations
Steady topline Ongoing Employee Benefits business momentum, growth sustained in line with the Group’s low double-digit track record Well-oriented Robust commercial performance driven by strong new commercial trajectory client acquisition and healthy net retention Robust start Two additional bolt-on
Slide 5: Steady topline growth sustained in Q1 Fiscal 2026
Steady topline growth sustained in Q1 Fiscal 2026 Total Revenues Operating Revenue Ongoing revenue organic growth in Q1 €308m €268m Supported by strong Operating revenue performance and continued positive contribution from Float revenue +9.0% organic growth +9.1% organic growth Positive scope impact
Slide 6: Quarterly commercial trajectory firmly on track
Quarterly commercial trajectory firmly on track Healthy net client retention Continuously strong momentum Commercial performance amid challenging environment in new client acquisition Q1 Fiscal 2026 in business volume issued Client loyalty continued at a high level Ongoing robust trend across region
Slide 7: Financial Performance
Highlights & Key Figures 02 Financial Performance Outlook Appendices ©Pluxee – All rights reserved 7
Slide 8: Business volumes growth sustained by Employee Benefits
Business volumes growth sustained by Employee Benefits Sustained Employee Benefits business volumes trend Business volumes issued (BVI) Employee Benefits business volumes growth supported by: • low double-digit growth in Latin America and Rest of the World €6.5bn €6.3bn driven by strong commercial d
Slide 9: Robust business growth fueling Total revenues performance
Robust business growth fueling Total revenues performance Total revenues up +9.0%, sustaining strong growth momentum Total Revenues by nature Operating Revenue consistent +9.0% organic growth growth driven by robust Employee +6.6% reported Benefits performance across regions, with Continental Europe
Slide 10: Growth dynamics in Operating Revenue sustained by Employee Benefits
Growth dynamics in Operating Revenue +11.6% Employee Benefits sustained by Employee Benefits operating revenue organic growth sustaining strong trajectory Operating revenue by line of services Low double-digit growth delivered in Employee Benefits supported by a solid business +9.1% organic growth t
Slide 11: Consistent regional contribution to Operating revenue growth
Consistent regional contribution Continental Europe to Operating revenue growth Sustained growth despite a challenging macroeconomic context, temporary headwinds in Public Benefits and a deferred ordering in a large program in €268m All regions €110m Cont. Europe Romania 41% Organic growth +9.1% Org
Slide 12: Outlook
Highlights & Key Figures Financial Performance 03 Outlook Appendices ©Pluxee – All rights reserved 12
Slide 13: Outlook: Fiscal 2026 financial objectives
Outlook: Fiscal 2026 financial objectives Fiscal 2026 before PAT reform in Brazil Fiscal 2026 after PAT reform in Brazil Total Revenues Stable like-for-like High-single digit organic growth(1) including stable Float revenue like-for-like including slightly decreasing Float revenue like-for-like Recu
Slide 14: Pluxee's action plan for navigating regulatory changes in Brazil
Pluxee’s action plan for navigating regulatory changes in Brazil Group’s action plan around 3 core workstreams Anticipated reform in Brazil as of early January 2026 assuming presidential decree full implementation within the announced timeframe • Launch of next-generation open-loop solutions, Operat
Slide 15: Concluding Remarks
Concluding Remarks Aurélien Sonet Chief Executive Officer ©Pluxee – All rights reserved 15
Slide 16: Appendices
Highlights & Key Figures Financial Performance Outlook 04 Appendices ©Pluxee – All rights reserved 16
Slide 17: Appendix #1: Q1 Fiscal 2026 Total Revenues breakdown
Appendix #1 Q1 Fiscal 2026 Total Revenues breakdown Unaudited Total Revenues Q1 Fiscal Q1 Fiscal Organic Scope Currency Reported by reported operating segment 2026 2025 growth impact effects growth in million euros in % change in % change in % change in % change Operating revenue 268 249 9.1% 1.4% (
Slide 18: Appendix #2: Q1 Fiscal 2026 Operating Revenue breakdown
Appendix #2 Q1 Fiscal 2026 Operating Revenue breakdown Unaudited Operating Revenues Q1 Fiscal Q1 Fiscal Organic Scope Currency Reported by region and line of services 2026 2025 growth impact effects growth in million euros in % change in % change in % change in % change Operating Revenues 268 249 9.
Slide 19: Appendix #3: Q1 Fiscal 2026 Exchange Rates
Appendix #3 Q1 Fiscal 2026 Exchange Rates Closing rate as Closing rate as Variation Average rate for Average rate for Variation compared to euro of Nov. 30, 2026 of Nov. 30, 2025 (%) Q1 Fiscal 2026 Q1 Fiscal 2025 (%) Brazilian real (BRL) 6.18 6.44 4.2 % 6.25 6.15 (1.6)% Pound sterling (GBP) 0.88 0.8
Slide 20: Appendix #4: Key business & financial terms
Appendix #4 Key business & financial terms CLIENT COMMISSIONS PORTFOLIO GROWTH DEVELOPMENT Commissions billed to clients on Business Increase in the number of final end-users Annualized business volumes issued volume issued, when cards, digitally from an existing client for a given product generated
Slide 21: Appendix #5.1: Key Alternative Performance Measures (APM)
Appendix #5.1 Key Alternative Performance Measures (APM) RECURRING OPERATING PROFIT REVENUE AND RECURRING ADJUSTED NET PROFIT (RECURRING EBIT) EBITDA ORGANIC GROWTH Adjusted net profit serves as the basis Operating profit (EBIT) before Other Growth in the current period, calculated for calculating d
Slide 22: Appendix #5.2: Key Alternative Performance Measures (APM)
Appendix #5.2 Key Alternative Performance Measures (APM) RECURRING FREE CASH FLOW RECURRING LIQUIDITY GENERATED FLOAT-RELATED CASH BY OPERATIONS Measure of the net cash generated from Cash collected from clients in relation to operations that is available for strategic Recurring liquidity generated
Slide 23: Fiscal 2026 financial calendar
Fiscal 2026 financial calendar April 16, July 3, October 29, December 17, 2026 2026 2026 2026 First half Fiscal Third quarter Fiscal Annual Fiscal Annual Shareholders' 2026 results 2026 revenues 2026 results Meeting ©Pluxee – All rights reserved 23
Slide 24: About Pluxee
€24 bn Business volume issued About Pluxee as of Fiscal 2025 5,626 Employees as at August 31, 2025 Pluxee is a global leader in Employee Benefits and Engagement that operates in 28 countries. 28 Pluxee shapes the world of employee Powered by leading technology and Countries benefit and engagement by
Slide 25: IR, Communication and Press contacts
IR, Communication and Press contacts Head of investor relations Chief communication officer Pauline Bireaud Cécilia de Pierrebourg pauline.bireaud@pluxeegroup.com cecilia.depierrebourg@pluxeegroup.com 16, rue du Passeur de Boulogne investors@pluxeegroup.com 92130 Issy-Les-Moulineaux www.pluxeegroup.
Slide 26: Forward-looking statements
Forward-looking statements This presentation contains forward-looking statements. These forward-looking statements reflect the Group's intentions, current beliefs, expectations and assumptions, including, without limitation, assumptions regarding the Group's future business strategies and the enviro
Slide 27: pluxee
pluxee