18 slides from Construcciones Y Auxiliar De Ferrocarriles's earnings presentation, May 7, 2026
Slide 1: Results First Quarter 2026
RESULTS FIRST QUARTER 2026 www.cafmobility.com 7 May 2026
Slide 2: Legal Notice
LEGAL NOTICE THIS DOCUMENT HAS BEEN PREPARED FOR INFORMATION PURPOSES ONLY The information contained in this document has not Therefore, at no time should this document be Any decision made by third parties as a result of the been verified by independent third parties; construed as advice or a recom
Slide 3: Contents
www.cafmobility.com CONTENTS 1/ Q1 2026 HIGHLIGHTS 2/ FINANCIAL INFORMATION 3/ OUTLOOK 4/ APPENDICES TRUST IN MOTION 3 3
Slide 4: 1/ Q1 2026 Highlights
1/Q1 2026 HIGHLIGHTS www.cafmobility.com 4
Slide 5: The Group's results and commercial success reflect continued positive momentum
1. Q1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.1 KEY FIGURES THE GROUP’S RESULTS AND COMMERCIAL SUCCESS REFLECT CONTINUED POSITIVE MOMENTUM Order intake Revenue Book-to-bill Backlog / Record-breaking and strategic order €2,883m €1,158m 2.5x €17,960m intake for the Gr
Slide 6: Record-high order intake in a quarter
1. Q1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.2 ORDER INTAKE RECORD-HIGH ORDER INTAKE IN A QUARTER TOTAL (€m) ORDER INTAKE DISTRIBUTION BY ACTIVITY LINE (%) / Driven by the award of the largest rail contract in CAF’s Q1 2026 history, in Belgium, together with orders
Slide 7: Signing of strategic contracts for the future of the Group
1. Q1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.2 ORDER INTAKE SIGNING OF STRATEGIC CONTRACTS FOR THE FUTURE OF THE GROUP / Main orders announced and signed in Q1 2026 TRAINS FOR SNCB (BELGIUM) CBTC SIGNALLING SYSTEM FOR ELECTRIC BUSES FOR THE ELECTRIC BUSES FOR HELSI
Slide 8: Record backlog, with high visibility of future activity
1. Q1 2026 HIGHLIGHTS / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 1.3 ORDER BACKLOG RECORD BACKLOG, WITH HIGH VISIBILITY OF FUTURE ACTIVITY TOTAL (€m) / 11% backlog growth driven by strong order intake, particularly in the railway business. Buses Increase % / Excellent visibility, with a
Slide 9: 2/ Financial Information
2/ FINANCIAL INFORMATION Complete historical quarterly and annual information is available on CAF’s corporate website at the following address: https://www.cafmobility.com/en/shareholders-investors/economic-financial-information/key-figures/ www.cafmobility.com 9
Slide 10: Revenue increase, as well as operating margin and results
1. HIGHLIGHTS Q1 2026 / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS REVENUE INCREASE, AS WELL AS OPERATING MARGIN AND RESULTS / The Group continues to deliver revenue growth and profitability improvement Var. Q1 2026/Q1 (EUR million) Q1 2025(1)
Slide 11: Consolidated revenue growth, driven by the expansion of the bus business
1. HIGHLIGHTS Q1 2026 / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 2.1 CONSOLIDATED STATEMENT OF PROFIT OR LOSS CONSOLIDATED REVENUE GROWTH, DRIVEN BY THE EXPANSION OF THE BUS BUSINESS / Increased activity in both segments, in line with the envisaged execution plan REVENUE CONSOLIDATED RA
Slide 12: 3/ Outlook
3/ OUTLOOK www.cafmobility.com 12
Slide 13: CAF enters the final year of its strategic plan with a positive outlook
1. HIGHLIGHTS Q1 2026 / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 3. OUTLOOK CAF ENTERS THE FINAL YEAR OF ITS STRATEGIC PLAN WITH A POSITIVE OUTLOOK / Despite ongoing market uncertainty, CAF maintains its forecast for 2026 20261 Book-to-bill Revenue EBIT and Net profit High single-digit
Slide 14: 4/ Appendices
4/ APPENDICES www.cafmobility.com 14
Slide 15: 4.1 Details of Order Intake
1. HIGHLIGHTS Q1 2026 / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 4.1 DETAILS OF ORDER INTAKE / Contracts announced and included in the order backlog in the period from January - March 2026 DATE PROJECT COUNTRY BUSINESS/ACTIVITY DESCRIPTION TYPE CUSTOMER ADDITIONAL OPTIONS AMOUNT (exclud
Slide 16: 4.2 Agenda
1. HIGHLIGHTS Q1 2026 / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 4.2 AGENDA Conferences and Roadshows Publication of Results General Shareholders’ Meeting • 27 May 2026 • 13 June 2026 MedCap Forum (Madrid) Holding of General Shareholders' Meeting • 11 June 2026 • 30 July 2026 ODDO BHF N
Slide 17: 4.3 Alternative Performance Measures (APMs)
1. HIGHLIGHTS Q1 2026 / 2. FINANCIAL INFORMATION / 3. OUTLOOK / 4. APPENDICES 4.3 ALTERNATIVE PERFORMANCE MEASURES (APMs) In addition to the financial information The breakdown of all APMs used in this prepared in accordance with the generally document, as well as their definition and, accepted acco
Slide 18: Trust in Motion
www.cafmobility.com TRUST IN MOTION