Tallinna Vesi As Class A · OMXTSE:TVE1T
Tallinna Vesi As Class A — AS Tallinna Vesi — Q3 2025 Earnings Presentation
13 slides from Tallinna Vesi As Class A's earnings presentation, Oct 31, 2025
Slide 1: Results for the 3rd quarter of 2025
AS TALLINNA VESI Results for the 3rd quarter of 2025 31 October 2025 | if
Slide 2: Presenters
al FF SY Fa aii Presenters Aleksandr Timofejev Taavi Groon CEO CFO Member of the Management Member of the Management Board Board Tallinna Vesi ae
Slide 3: Highlights of the Q3 2025
on ghlights of the Q3 2025 an a= JA A | Tap water quality om By < Sales €19.4 million Net profit Investments €4.96 million intolassets €11.3millio 78.8% of all customers CHP energy Wastewater production 2,795MWh 2 work MINA TooDAN REOVEEST ELEKTRIT effluent quality 100% accidents have smart . meters
Slide 4: Investment projects
~~ CE | o fy ae Investment projects fA Investments into network: * We have reconstructed and built 32 kms of pipeline in 9 months and 14 km of it was reconstructed by trenchless method. * Ongoing projects: Paljassaare Road, Nélvaku str, Kolde road, Varvi str, Peterburi, E.Bornhohe str, Retke str, Tu
Slide 5: Operations update
Pr. ei ~~ FS : ‘\ _ Operations update Tap water quality E Leakage rate Q3: 98.0% (2024: 98.9%) © 03: 12.24% (2024: 12.47%) "la — > Effluent quality (5s Average duration of water >= = G3: 100% compliant (2024: 100%) f | Ulla oath per property aS Q3: 2h 09 m(2024:2hOm) 2 Customer satisfaction Rehabili
Slide 6: Water & wastewater volumes
FF Y> Fy : Water & wastewater volUMeS (m: mittion) 9 rd 8 78 7.8 3" quarter 25 23.7 ne ; 7 © 6 20 5 15 4 10 74 73 Z 25 24 17 18 ; 5 E 54 5.9 am (|: a = Private customer Business customer Outside area Private customer Business customer Outside area Waww Waww W&Ww Wé&ww W&Ww Wé&ww 92025 52024 52025 52
Slide 7: Water & wastewater revenues
Be ao rey : Water & wastewater revenues (€ mittion) 8.2 3°¢ quarter 2 23.4 9 months 9 8 7 Tel 20 19.5 : 6 15 12.9 2 5 4A 4.2 Gee ee ¢ 10 3 19047 5 5.7 46 _ : = ; Private customer Business customer Outside area Private customer Business customer Outside area W&WW. W&WW Wé&WW W&WWw Wwéaww Wwaww m2025
Slide 8: Direct production costs
• Direct production costs • • •
Slide 9: Financial highlights Q3 2025
on es » Fa : Financial highlights Q3 2025 (€ mition) ae 6.0 18 * Total sales revenues increased by 10.8% amounting to €18.2 million. 5.0 || 0.2 5.0 re 08 “9. 700 * The cost of goods and services sold ‘af ae amounted to €10.3 million in the 3° ' quarter of 2025, being higher by 8.8% or €0.8 million c
Slide 10: Cash position
on es SS wa : Cash position * Compared to the end of last quarter, the cash balance has increased by €2.8 million, due to \ additional loan withdrawal. € Million 20 15 * Investing outgoing cash flows in Q3 63 had an impact of €12.3 million on [. A 8.1 cash balance. Tangible assets 74 10 amounted up
Slide 11: Investments
— OF mo 9 : Investments Total Investments by year (€ million) 2025 investments 70.0 Stormwater network new development 11% 60.0 50.0 50.0 Stormwater 39 40.0 35.0 network i reconstruction i fastewater 30.0 25.0 Water aaRwreatment plant 20. 10. lopment 44% 0.0 Water treatment plant fe 6% Customer conn
Slide 12: Operational questions, IR & financial questions
Operational questions IR & financial questions Aleksandr Timofejev Taavi Gröön CEO CFO Member of the Management Board Member of the Management Board
Slide 13: Thank you!
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