Slide 1: HY Results 2026
HY RESULTS 2026 17 SEPTEMBER 2026
Slide 2: Disclaimer
DISCLAIMER This presentation, the presentation materials and discussion may contain certain forecasts, projections and forward-looking statements – that is statements related to future, not past, events – in relation to, or in respect of, the financial condition, operations or businesses of Solution
Slide 3: Today's Presenters
TODAY’S PRESENTERS Gianbeppi Fortis Amaury Boilot Chief Executive Officer Group General Secretary 3
Slide 4: H1 2026 Highlights
H1 2026 HIGHLIGHTS Gianbeppi Fortis, CEO 4
Slide 5: H1 2026 Highlights
H1 2026 HIGHLIGHTS Revenue Exit from a major telecom framework contract in France ▪ Representing 13% of 2025 Group revenue and 38% of France’s revenue €400m -11.1% decrease, -13.6% organic1 ▪ Eliminating Group’s main source of losses, refocusing French operations on Energy and Technology ▪ A deliber
Slide 6: Group transformation started in 2024 and will be completed by the end of 2026
GROUP TRANSFORMATION STARTED IN 2024 AND WILL BE COMPLETED BY THE END OF 2026 2024: selectivity became the rule 2025: streamlining the portfolio 2026: the final step ✓ Margins > volumes ✓ Spain: disposal of mature telecom activities, ✓ Exiting a major framework contract in French refocusing in Energ
Slide 7: H1 2026 Financial Results
H1 2026 FINANCIAL RESULTS Amaury Boilot, Group General Secretary
Slide 8: Income Statement Highlights
INCOME STATEMENT HIGHLIGHTS € millions H1 2026 H1 20251 Change 25/26 Organic: -13.6% Scope: +2.6% Revenue 400.3 450.2 -11.1% Operational costs 348.2 381.3 -8.7% As % of turnover 87.0% 84.7% Central org. costs 35.1 38.6 -9.1% As % of turnover 8.8% 8.6% Adjusted EBITDA2 17.0 31.6 -46.3% As % of revenu
Slide 9: Benelux: Resilient Activity and Structurally High Profitability
BENELUX: RESILIENT ACTIVITY AND STRUCTURALLY HIGH PROFITABILITY H1 Revenue H1 Adjusted EBITDA ▪ Largest contributor to Group revenue (42%) -6.7% with resilient activity and structurally high -11.2% profitability 181.4 169.2 Energy ▪ Adjusted EBITDA margin of 11.2%, sustainably 31,1 -36.7% 19,7 ancho
Slide 10: France: Withdrawal from Major Telecom Framework Contract
FRANCE: WITHDRAWAL FROM MAJOR TELECOM FRAMEWORK CONTRACT AN IMPORTANT STEP TO RESTORE PROFITABILITY H1 Revenue H1 Adjusted EBITDA -21.9% n.m. ▪ Exit from major telecom framework contract, representing 38% of French revenue in 2025 (13% at Group level) and loss-making 154.3 10,0 11,0% 8,0 7,0 9,0% ▪
Slide 11: Germany: Repositioning of Client Base Temporarily Impacting Performance
GERMANY: REPOSITIONING OF CLIENT BASE TEMPORARILY IMPACTING PERFORMANCE H1 Revenue H1 Adjusted EBITDA ▪ Revenue decrease reflecting exit from FiberCo contract partly offset by ramp-up with -14.0% n.m. Deutsche Telekom and Vodafone 16,0% ▪ Repositioning client base towards historical 4,0 3,7 14,0% te
Slide 12: Other Countries: Transformation Complete
OTHER COUNTRIES: TRANSFORMATION COMPLETE CONFIRMING TRAJECTORY OF PROFITABLE GROWTH H1 Revenue H1 Adjusted EBITDA ▪ Transformation complete: UK market exited, +4.0% +13.6% Spanish Connectivity sold, Italy performance strongly improved, Poland diversified into Energy 6,0 9,0% ▪ H1 results confirming
Slide 13: Net Income Group Share
NET INCOME GROUP SHARE Financial result: € millions H1 2026 H1 2025 ▪ Interest expense from bank debt: €3.3m (€3.9m in H1 2025) ▪ Interest expense from IFRS 16 lease debt: €1.2m (€1.5m in H1 Adjusted EBIT -6.3 5.2 2025) Amortisation of intangibles -5.1 -6.1 Non-recurring items : Financial result -5.
Slide 14: H1 2026 Change in Gross Cash Position
H1 2026 CHANGE IN GROSS CASH POSITION Net free cash-flow: € -41.3m Free cash-flow: € -25.5m 7 73 Reclassification from WC €14.1m Interest paid €-3.1m -28 15 0 46 -4 Decrease in factoring €-16.0m -16 0 Reclassification to Other LT liabilities €-14.1m Gross cash as at Dec. 2025 CFFO Change in WC (1) I
Slide 15: Financial Structure
FINANCIAL STRUCTURE Equity 46.9 Provisions & other LT Equity 24.7 €67.1m liabilities 38.3 Net Financial debt at end June 2026 Fixed assets 176.7 (excluding IFRS 16 lease debt) Provisions & other LT vs. IFRS 16 Lease Debt 57.3 liabilities 49.7 €36.3m at end Dec. 2025 Fixed assets Debt on future earn
Slide 16: Outlook
OUTLOOK Gianbeppi Fortis, CEO
Slide 17: Group Transformation to Be Completed by End 2026
GROUP TRANSFORMATION TO BE COMPLETED BY END 2026 2026 2027 Going forward A 3-year transformation to be Smaller revenue base, significantly Solutions30 refocused on completed by year-end improved margin profile attractive growth markets ✓ France refocused on Energy and ✓ Substantially more favorable
Slide 18: Strategic Webinar
NEXT EVENT Strategic Webinar Beginning of October 2026 Date to be advised shortly Connection details will be communicated together with the date actionnaires@solutions30.com 18
Slide 19: Appendix
Appendix Solutions30 Solutions for New Technologies
Slide 20: H1 Revenue Bridge by Activity
H1 REVENUE BRIDGE BY ACTIVITY In millions of euros € -49.9 m (-11.1%) H1 2026 revenue by activity Organic: -13.6% Technology 13% 450.2 -34 -15.6 (H1 2025: 11%) -0.3 400.3 Energy 18% (H1 2025: 20%) -11% -0.6% -17% Connectivity 69% (H1 2025: 69%) H1 2025 Connectivity Tech Energy H1 2026 H1 2025 Connec
Slide 21: H1 Revenue Bridge by Geography
H1 REVENUE BRIDGE BY GEOGRAPHY € -49.9 m (-11.1%) Organic change: € -61.4 m (-13.6%) 450.2 -12.2 -44.3 +11.5 0.0 400.3 -6.6 +1.8 -6.7% -28.7% -14.0% +2.6% Benelux - Organic Germany Acquisitions Revenue - 2026 H12025 H1 2025 Benelux France France - Organic Germany Other Other Countries -… Acquisition
Slide 22: H1 Revenue by Geography and by Activity
H1 REVENUE BY GEOGRAPHY AND BY ACTIVITY -11.1% -11.1% 450.2 450.2 400.3 Energy 400.3 89,4 France -17.4% 154,3 73,8 -21.9% 120,6 Technology 51,5 -0.6% 51,2 Benelux 181,4 169,2 -6.7% Connectivity 309,3 -11.0% 275,3 Germany 47,3 -14.0% 40,7 Other Countries 67,2 +4.0% 69,9 H1 2025 1 H1 2026 H1 2025 1 H1
Slide 23: Q2 Revenue by Geography and by Activity
Q2 REVENUE BY GEOGRAPHY AND BY ACTIVITY -13.6% -13.6% 228.1 228.1 197.1 Energy 197.1 49,3 -29.5% 78,0 France -34.9% 34,8 50,8 24,2 Technology -1.5% 23,9 93,3 Benelux 87,6 -6.0% 154,6 Connectivity -10.4% 138,5 Germany 25,4 -14.4% 21,7 Other Countries 36,9 31,5 +17.3% 1 1 Q2 2025 Q2 2026 Q2 2025 Q2 20
Slide 24: Q2 Revenue by Activity – Benelux, France, Germany
Q2 REVENUE BY ACTIVITY – BENELUX, FRANCE, GERMANY BENELUX FRANCE GERMANY -6.0% 93.3 87.6 -34.9% 17,5 Energy 10,8 -38.2% 78.0 6,2 4,5 -14.4% Technology -27.3% 28,9 Energy 25.4 -33.7% 50.8 21.7 1,1 Energy 14,7 19,2 +53.1% 1,7 69,5 72,3 Technology Connectivity +6.7% +4.0% 15,6 24,3 20,0 34,4 Connectivi
Slide 25: Q2 Revenue Bridge
Q2 REVENUE BRIDGE € -31.0 m (-13.6%) Organic change: € -36.3 m (-15.9%) 228.1 -5.6 -31.9 +5.3 0.0 197.1 -3.7 +4.9 -6.0% -40.9% -14.4% +15.5% Benelux - Organic Germany Acquisitions Q2 2026 Q22025 Q2 2025 Benelux France France - Organic Germany Other Other Countries -… Acquisitions FX FX Q2 2026 reven
Slide 26: www.solutions30.com
21 rue du Puits Romain L-8070 Bertrange, Grand Duchy of Luxembourg Investor.relations@solutions30.com Solutions 30 is listed on Euronext Paris Mnemo: S30 www.solutions30.com