Sphera Franchise Group Sa · BVB:SFG
Sphera Franchise Group Sa — H1 2026 Earnings Presentation
24 slides from Sphera Franchise Group Sa's earnings presentation, Aug 31, 2026
Slide 1: Investor & Analyst Call H1 2026 Results
Sphera Franchise Group Investor & Analyst Call H1 2026 Results 31.08.2026
Slide 2: Agenda for today's call
Agenda for today’s call 1 CEO Opening Remarks 2 H1 2026 Highlights 3 Business Updates 4 Brand Performance 5 Marketing 6 Q&A Session 2
Slide 3: Disclaimer
Disclaimer This presentation is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of shares issued by Sphera Franchise Group SA ("Sphera"), or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy shares in Sphera. Neither
Slide 4: Welcome to SFG H1 2026 Results Call
Welcome to SFG H1 2026 Results Call Călin Ionescu Valentin Budeș Monica Eftimie Marian Gogu Costica Misaca Zuzanna Kurek Chief Executive Officer Chief Financial Officer Chief Marketing Officer GM KFC Romania GM Pizza Hut & Taco Bell Investor Relations Officer Romania 4
Slide 5: CEO Opening Remarks
CEO Opening Remarks 5
Slide 6: H1 2026 Results Highlights
H1 2026 Results Highlights 6
Slide 7: Key H1 2026 Highlights
Key H1 2026 Highlights excl. IFRS16 H1 2026 Consolidated Sales RON 648.2 mn RON 90.3 mn RON 16.0 mn +1.5% vs. H1 2025 -3.0% vs. H1 2025 +18.0% vs. H1 2025 RON 378.0 mn +4.2% vs. Q1 2025 RON 647.4mn RON 50.0 mn RON 55.7 mn RON 1.4 mn RON 376.6 mn +0.9% vs. H1 2025 -6.3% vs. H1 2025 +11.3% vs. H1 2025
Slide 8: Evolution of key indicators
Evolution of key indicators in RON m, excl. IFRS16 724.9 730.6 +1% 372.8 362.4 57.9 +4% 55.7 -3% 52.8 52.5 -1% Q2 27.1 32.5 +20% 28.0 28.4 +2% 352.1 368.2 +5% 28.6 25.4 24.8 24.1 Q1 -11% -3% 2025 2026 2025 2026 2025 2026 8 Expenses (Restaurant + G&A) Restaurant operating profit Normalized EBITDA
Slide 9: Q2 2026 key financials
Q2 2026 key financials in RON’000, excl. IFRS16 In Q2 2026, Sphera Franchise Group recorded restaurant sales of RON 376.6 million, down 1.6% YoY, reflecting a more cautious Data in RON’000 Q2’26 Q2’25 Y/Y % consumer environment across the Group's markets, particularly in Restaurant sales 376,561 382
Slide 10: H1 2026 key financials
H1 2026 key financials in RON’000, excl. IFRS16 In H1 2026, Sphera Franchise Group recorded restaurant sales of RON 754.5 million, up 1.2% YoY, supported by the contribution of restaurants Data in RON’000 H1’26 H1’25 Y/Y % opened over the last twelve months, particularly under the Taco Bell brand, R
Slide 11: Business Updates
Business Updates 11
Slide 12: Restaurant footprint
Restaurant footprint In Q1 2026, Sphera inaugurated four new restaurants – a Network as of 30.06.2026 KFC in Centro Piave Shopping Center in San Donà di Piave in Province of Venice in Italy, and a KFC in M Park Titan in Bucharest, Romania, and another KFC in Balti, Moldova. The Group moreover opened
Slide 13: Brand portfolio development
Brand portfolio development OP TIM IZ E E XPAN D DIV ER S IFY Pizza Hut Taco Bell Improve the profitability Extend the brand beyond Enter the fast-casual Asian profile of the network Romania dining segment Franchise rights expanded to the Romania franchise of Wagamama, an 7 underperforming restauran
Slide 14: 2026 Outlook
2026 Outlook B UDGET AS S UM PTI ONS PO LI TI C AL E NVI R O NM EN T M ANA GEM E NT R ES PO NS E Market conditions Framework not Adapting the business, have changed yet defined assessing scenarios Approved by the Ordinary General Meeting The political environment in Romania Management has taken meas
Slide 15: Brand Performance
Brand P ATTTLEEEL a= erfor man 15 NS SPHERA * wagamama
Slide 16: Sales brand performance: KFC
Sales brand performance: KFC Q1’26 3.3% 4.3% 2.3% Q4’25 1.4% Q2’26 5.0% Q1'25 Q2'25 Q3'25 -1.4% -3.6% -5.4% -9.8% 3.8% -15.9% 3.0% 2.1% Same store All store Q1’25 Q2’25 Q3’25 Q2’26 0.0% Q4'25 Q1'26 43.9% -0.7% 23.2% 25.8% 24.8% -1.7% -1.6% 8.3% -2.0% Q1’26 1.4% -2.5% Q1'25 Q2'25 Q3'25 Q4'25 -8.0% Q2
Slide 17: Sales brand performance: Pizza Hut and Taco Bell Romania
Sales brand performance: Pizza Hut and Taco Bell Romania 21.2% 15.6% 15.5% 2.0% 13.0% 12.2% Q1’25 Q3’25 Q4’25 Q1’26 Q2’26 7.6% -1.0% Q2’25 -1.0% 5.3% -3.2% -5.9% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 -9.5% -2.4% Same store / All store -8.0% Same store All store 17
Slide 18: Marketing
NS SPHERA * wagamama
Slide 19: Marketing KFC
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Slide 20: Marketing Pizza Hut
20 Sy) KFC | D cicccotaftatiani (aie wagamama Marketing Pizza Hut SPHERA 6 =. a OCOLUL LUMI CAND INIMA SPUNE PIZZA, DAR POFTA- BURGER IN 8 PIZZE Leth Et : Descopera experienta: t 3 cheeseburger crown bpebaeolcpad ibattsiest ant . Ocreate Pizza Hut HUT TRICK XXL DEALS FOOTBALL FOOTBALL BOX an DEAL Sg
Slide 21: Marketing Taco Bell
~ . * ) KFC @ cioccolat{taiani Heed Dek wagamama TACO BELL Xan) CRUNCHWRAP Marketing Taco Bell SPHERA Cust. MAXX ‘ -. ee Eid i 3 3 4 2p “ 128 : a & es “2 a UL C AN q i 7 ‘') NATIONAL BURRITO DAY co che Y BACON FRIES BURRITO Pe 2 APRILIC
Slide 22: Evolution of orders for delivery
Evolution of orders for delivery 37% 35% 33% 34% 35% 32% 32% 31% 30% 28% 28% 26% 26% 27% 26% 26% 24% 23% 19% 18% 18% 19% 19% 19% 12% 12% 12% 12% 11% 10% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 KFC RO KFC IT KFC MD PH RO TB RO 22
Slide 23: Q&A session
Q&A session 23
Slide 24: Thank you for joining us!
Thank you for joining us! Sphera Franchise Group’s H1 2026 report is available for download our website: www.spheragroup.com. The recording of this conference call will be also available on our website shortly. For any follow-up questions related to Sphera Franchise Group’s activity on the Bucharest
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