Slide 1: FY26 H1 Results
FY26 H1 Results July 30, 2026 ©2025 Vantiva SA and/or its affiliates. All rights reserved. Confidential and proprietary information. Internal Use Only. Do not disclose, share or distribute this material outside Vantiva without prior written permission.
Slide 2: Forward-looking statements
2 Forward-looking statements Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecast or This presentation implied
Slide 3: Highlights
Ale Y Highlights
Slide 4: H1 2026 Highlights
4 H1 2026 Highlights → → → → Refinancing completed in June Q2 trend remained negative, penalized by supply volatility and phasing The broadband market softened but held better than video EBITDA margin resisted despite lower volume and product mix 2026 Debt refinancing → FREE CASH FLOW largely positi
Slide 5: H1 2026 Highlights: Revenues down 14.7%
5 H1 2026 Highlights › Revenues down H1 25 restated for IOT and diversification reclassification 14.7% as Q2 REVENUES (in € million) Adjusted EBITDA (in € million) FCF (after financial and tax, and restructuring costs in € million) continued the trend seen in Q1 (8.9)% @ constant rate (14.7)% @ curr
Slide 6: H1 2026 Highlights
6 H1 2026 Highlights H1 25 restated for IOT and diversification reclassification H1 2026 takeaway REVENUES (in € million) EBITDA (in € million) 861 › Refinancing successfully 734 completed › Lower demand primarily 632 (14.7%) for video products 597 @ current rate 66 › Deliveries penalized by 43 supp
Slide 7: Free Cash Flow >€0m
7 2026 In a context of memory uncertainties, the group Free Cash Flow confirms its guidance for a positive FCF for the year >€0m FY26 - H1 Results
Slide 8: Key figures H1
8 Key figures H1 in € million H1 26 H1 25 Variation Group H1 25 restated for IOT and diversification reclassificaton Revenues 734 861 (127) Adjusted EBITDA 43 66 (23) in % of Revenues 5.8% 7.6% (177) Bps D&A & Reserves (1) w/o PPA amortization (26) (31) 5 Adjusted EBITA 17 35 (18) PPA amortization (
Slide 9: From Adjusted EBITDA to EBIT in Summary
9 From Adjusted Ebitda to Ebit in Summary H1 25 restated for IOT and diversification reclassification in € million H1 26 H1 25 Variation Adjusted EBITDA 43 66 (23) D&A & Reserves (1) w/o PPA amortization (26) (31) 5 Adjusted EBITA 17 35 (18) PPA amortization (6) (5) (1) Impairments & write-off (0) (
Slide 10: From EBIT to Net Result Group
10 From EBIT to Net Result Group H1 25 restated for IOT and diversification reclassification in € million H1 26 H1 25 Variation EBIT Continuing 2 (18) 20 Net Interest Expense (31) (31) 0 Other Financial (28) (17) (11) Net financial result (59) (47) (13) Profit before Tax (57) (65) 8 Tax (9) (13) 5 S
Slide 11: Free Cash Flow
11 Free Cash Flow from continuing operations after financial, tax and restructuring charges H1 25 restated for IOT and diversification reclassification FREE CASH FLOW FROM CONTINUING OPERATIONS: H1 2026 VS. H1 2025 In € million 95 23 6 7 61 7 6 30 5 FCF H1 2026 FCF H1 2025 EBITDA Net Capex Restructu
Slide 12: Liquidity and Debt
12 Liquidity and DEBT Amount of Available credit Drawn Available Liquidity as of June 30, 2026 (€m) credit line line (1) amount amount Liquidity Cash on hand 21 amounted Committed credit facilities: Wells Fargo credit line ($125m) 110 70 64 6 to €27m As of June 30, Liquidity 27 2026 €m Nominal Amoun
Slide 13: Thank you!
Thank you! www.vantiva.com
Slide 14: Glossary of Terms
14 Glossary of Terms Abbreviation Definition Abbreviation Definition $ American Dollar EBITDA Earnings before Interest, Tax, Depreciation and Amortization € Euro EU European Union B2B Business-to-Business FCF Free-Cash-Flow BB Broadband GPON Gigabit Ethernet Passive Optical Network CAGR Compound Ann
Slide 15: Glossary of Terms
15 Glossary of Terms › Adjusted EBITDA: Profit (or loss) from continuing operations before tax and net financial income (expense), excluding other income (expense), and before depreciation and amortization. This also includes the impact of provisions for risks, litigation, and warranties. › Adjusted
Slide 16: About Vantiva
16 About Vantiva Pushing the Edge Vantiva (Euronext Paris: VANTI) is a global technology leader in connectivity technologies. For over 130 years, Vantiva (formerly known as Technicolor) has delivered solutions that connect what matters most. Today, the company continues to redefine connectivity with