Slide 1: H1 2025 Interim Results
H1 2025 INTERIM RESULTS Presented by: David Zruia, Chief Executive Officer Elad Even-Chen, Chief Financial Officer 11 August 2025 London Stock Exchange symbol: PLUS
Slide 2: Agenda
AGENDA OVERVIEW OPERATING TECHNOLOGY FINANCIAL SUMMARY REVIEW REVIEW & OUTLOOK
Slide 3: Overview
OVERVIEW a Plus500 [1's TRADING WITH A PLUS
Slide 4: H1 2025 Key Takeaways
H1 2025 KEY TAKEAWAYS H1 2025 - CONTINUED STRONG PERFORMANC Significant Delivered Secured additional Significant Extremely robust progress made in growth across regulatory licences shareholder financial position further diversifying key markets and a new clearing returns of $365m our global business
Slide 5: Established Track Record of Shareholder Returns
ESTABLISHED TRACK RECORD OF SHAREHOLDER RETURNS 12 YEARS OF GENERATING ATTRACTIVE RETURNS FOR SHAREHOLDERS $2.7BN 1 $365M >7,900% TSR Total shareholder returns since IPO in 2013 Announced shareholder Best performing share in the FTSE returns in YTD 2025 All-Share Index on a total return basis2 $1.6B
Slide 6: Operational Drivers
OPERATIONAL DRIVERS OPERATIONAL STRENGTH DRIVING STRONG OUTCOMES KEY OPERATIONAL OPERATIONAL DRIVERS OUTPUTS $3.1bn 89% Customer deposits, with OTC2 revenue Major focus on product Continued investment average deposit per generated from mobile development in our people Active Customer1 of or tablet d
Slide 7: Strategic Roadmap
STRATEGIC ROADMAP KEY GROWTH OPPORTUNITIES OVER THE MEDIUM-TERM New Products New Markets Expanding Offering Deepening Customer in Existing Markets Engagement Supported by continued organic investments and targeted bolt-on acquisitions 7
Slide 8: The Plus500 of Today
THE PLUS500 OF TODAY FROM A SINGLE PRODUCT TO A MARKET-LEADING, GLOBAL MULTI-ASSET FINTECH GROUP Global Multi-Asset Fintech Group OTC FUTURES SHARE DEALING Existing New B2C B2B Existing New markets markets (Retail) (Institutional) markets markets Seven asset classes Clearing Clearing ’Plus500 Future
Slide 9: Plus500 Acts as an Exchange
PLUS500 ACTS AS AN EXCHANGE PLUS500 HAS EVOLVED INTO A PROVIDER OF MARKET INFRASTRUCTURE OTC INNOVATIVE FUTURES & PROPRIETARY TECHNOLOGY SHARE DEALING CLEARING HOUSES Data, Routing and Order Execution +30 EXCHANGES OVER 30 EXCHANGES 9
Slide 10: The Evolving Story of Our Futures Offering
THE EVOLVING STORY OF OUR FUTURES OFFERING SECURING CLEARING MEMBERSHIPS AND INDUSTRY RECOGNITION NEW: Expanding into FY 2021 FY 2022 FY 2023 FY 2024 YTD 2025 the Indian market* 10 * Upon completion of Mehta Equities Limited acquisition
Slide 11: Environmental, Social and Governance (ESG)
ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) KEY PRIORITY AREAS Customer Care Employee Board Environmental and Education Welfare Composition Policy Customers People Governance Environment Customer care and Commitment to equal Highly skilled, balanced, Adoption of Environmental protection as a key prio
Slide 12: Operating Review
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Slide 13: Operating Overview
OPERATING OVERVIEW ACCELERATING OPERATIONAL MOMENTUM DELIVERED DURING H1 2025 Strategic momentum Excellent progress in the Further optimisation Boosted presence in delivered across a US, with record customer of customer acquisition global futures market number of important segregated funds and marke
Slide 14: Evolving to Become a Global Futures Provider
EVOLVING TO BECOME A GLOBAL FUTURES PROVIDER GLOBAL FUTURES BUSINESS OFFERS A MULTI-YEAR GROWTH OPPORTUNITY USA INDIA B2C B2B B2B B2C Leveraging B2B opportunities between India and USA 14
Slide 15: Plus500's Portfolio of International Licences
PLUS500’S PORTFOLIO OF INTERNATIONAL LICENCES AN INCREASINGLY VALUABLE, GROWING ASSET AND SOURCE OF COMPETITIVE ADVANTAGE United Kingdom Australia South Africa New Zealand USA 2021 Japan 2022 Bahamas 2023 Canada 2025 Up to FY 2020 Cyprus Singapore Israel Seychelles Estonia UAE DIFC UAE Mainland Indi
Slide 16: Global Operations and Growth Drivers
GLOBAL OPERATIONS AND GROWTH DRIVERS PLUS500’S GLOBAL SCALE AND LOCAL OFFERINGS ARE ENABLED BY ITS TECHNOLOGY GLOBAL OPERATIONS GROWTH DRIVERS 32M C. >60 Registered customers Countries 15 >2,500 Best-in-class proprietary Broad regulatory licences portfolio Balance sheet strength Regulatory licences
Slide 17: H1 2025 KPIs by Region
H1 2025 KPIS BY REGION EXCELLENT PERFORMANCE ACROSS GEOGRAPHIES 11% 12% 7% 29% 39% 179,931 56,165 46% $415.1M Active New Revenue 40% Customers Customers1 UK 8% 42% EEA 52% Australia 7% 7% Rest of World Continued investments in Investment in a Expanding into new markets customer retention and multi-c
Slide 18: Long-Term Customer Retention Improvements
LONG-TERM CUSTOMER RETENTION IMPROVEMENTS SIGNIFICANT INCREASE IN THE LONGEVITY OF PLUS500’S OTC CUSTOMER BASE 6% 4% 3% 14% 16% 10% Significant increase in 17% 24% longevity of Plus500’s 28% customer base over time 24% 66% 19% 79% 87% Long term 16% OTC customers trading with 47% customer relationshi
Slide 19: Continued Growth of Non-OTC Business
CONTINUED GROWTH OF NON-OTC BUSINESS GROWTH IN CONTRIBUTION FROM THE NON-OTC BUSINESS IN H1 2025 FY 2021 FY 2024 H1 2025 Non-OTC OTC 1% 10% 13% Revenue Non-OTC OTC 1% 15% 17% New Customers In FY 2025 non-OTC1 revenue is anticipated to be more than $100m 19 1. Non-OTC includes futures and share deali
Slide 20: Growth in Average Deposit per Active Customer
GROWTH IN AVERAGE DEPOSIT PER ACTIVE CUSTOMER EXCELLENT GROWTH IN TOTAL CUSTOMER DEPOSITS IN H1 2025 FY 2021 FY 2024 H1 2025 Non-OTC OTC Total amount 1% 36% 64% of deposits 2021 Significant increase in average $5,000 deposit per Active Customer 2024 $12,000 H1 2025 Reflecting the shift to a $17,250
Slide 21: The US Growth Opportunity
THE US GROWTH OPPORTUNITY STRONG PERFORMANCES ACROSS BOTH INSTITUTIONAL AND RETAIL BUSINESSES IN THE US FUTURES MARKET B2B B2C B2B (INSTITUTIONAL) OFFERING: B2C (RETAIL) OFFERING: Execution, Clearing & Order Routing Plus500 Futures Significant growth 'Plus500 Cosmos’, Secured a new ‘Omni-set ‘Plus50
Slide 22: Strong Foundations for Growth of Futures Business
STRONG FOUNDATIONS FOR GROWTH OF FUTURES BUSINESS WELL-POSITIONED FOR SUSTAINED VALUE CREATION STRATEGIC LICENCES MEMBERSHIPS CAPITAL STAKEHOLDERS PLATFORMS Highly Regulated Scarce assets Strong balance Business alliances Technology and sheet to support & partnerships automation significant oriented
Slide 23: Technology
a in TECHNOLOGY [a Plus500 1's TRADING WITH A PLUS
Slide 24: The Benefits of Designing Our Own Platforms
THE BENEFITS OF DESIGNING OUR OWN PLATFORMS FOR OUR CUSTOMERS FOR OUR GROUP Agile and efficient Platform design allows us to customer journey adjust quickly to regulatory changes and product opportunities Enables stronger retention with 47% of H1 2025 OTC revenue derived Strong system architecture 5
Slide 25: Proprietary Technology Is Our Key Enabler
PROPRIETARY TECHNOLOGY IS OUR KEY ENABLER ONGOING INVESTMENT IN OUR SAAS BASED TECHNOLOGY TO DRIVE FUTURE GROWTH Front-End Plus500’s CRM Marketing Technology, AI & Big Data Back-End Retention Technology System Architecture Fraud Detection Technologies Cashier Technology Risk Management Technology Pl
Slide 26: Seamless Customer Journey
SEAMLESS CUSTOMER JOURNEY IN-HOUSE, TAILORED TECHNOLOGICAL SOLUTIONS, EQUIVALENT TO MARKET-LEADING SAAS AND PLATFORM OFFERINGS Marketing technology On-boarding Payment processing Risk management MARKETING OPERATIONS PRODUCT Verification Customer support Trading solutions New product offerings 26
Slide 27: Diverse Product Offerings
DIVERSE PRODUCT OFFERINGS CUSTOMERS CAN EASILY TAILOR AND ADAPT THEIR TRADING STRATEGY SUPPORTED BY PROPRIETARY TECHNOLOGIES UNIFIED UI/UX PLATFORMS ACROSS OPERATING SYSTEMS CRM, Marketing Machine, Retention Machine, Webtrader; iOS (Mobile & iPad); Android (Mobile & Tablets) Localisation, Education,
Slide 28: Holistic Technological Solutions
HOLISTIC TECHNOLOGICAL SOLUTIONS A VARIETY OF TECHNOLOGICAL SOLUTIONS TO SUPPORT CUSTOMERS TRADING ON FUTURES AND OPTIONS ON FUTURES ‘T4-PRO’ ‘PLUS500 FUTURES’ ‘PLUS500 COSMOS’ Plus500 has succeeded in positioning itself as an established market infrastructure provider within the futures and options
Slide 29: Multi-Asset Offering for Japanese Retail Customers
MULTI-ASSET OFFERING FOR JAPANESE RETAIL CUSTOMERS POWERED BY OUR PROPRIETARY AND HIGHLY LOCALISED TECHNOLOGY ‘KNOCK-OUT’ FX INDEX COMMODITIES OPTIONS OFFERING OFFERING OFFERING OFFERING 29
Slide 30: Leading Mobile Offering Across Devices
LEADING MOBILE OFFERING ACROSS DEVICES AN INTUITIVE AND RELIABLE PRODUCT OFFERING WITH A MOBILE-FIRST APPROACH Plus500 continues to lead the way in mobile and tablet interface accessibility 89% of OTC revenue in H1 2025 generated through mobile and tablet offerings 84% of all customer OTC trades too
Slide 31: Our Customer Centric Approach
OUR CUSTOMER CENTRIC APPROACH FULL SUITE OF EDUCATIONAL TOOLS AVAILABLE 24/7 TO CUSTOMERS TRADING ACADEMY 31
Slide 32: Financial Review
Li | FINANCIAL REVIEW [a Plus500 1's TRADING WITH A PLUS
Slide 33: H1 2025 - Financial and Customer KPIs
H1 2025 - FINANCIAL AND CUSTOMER KPIS GROWTH ACROSS KEY FINANCIAL AND CUSTOMER METRICS STRONG FINANCIAL GROWTH ACROSS MAJOR PERFORMANCE CUSTOMER KPIs $415.1M $185.1M c.$17,250 $2,307 Revenue EBITDA1 Average deposit per ARPU2 H124: $398.2m (4% growth) H124: $183.9m (1% growth) Active Customer H124: $
Slide 34: Financial Highlights
FINANCIAL HIGHLIGHTS STRONG FINANCIAL RESULTS DELIVERED IN H1 2025 H2 H1 REVENUE ($M) EBITDA ($M) EARNINGS PER SHARE (BASIC) ($) 900 500 5 768.3 726.2 400 340.5 342.3 4 $3.57 $3.17 600 370.1 357.7 300 3 415.1 166.4 158.4 $1.67 185.1 $1.56 $2.05 200 2 300 368.5 398.2 415.1 100 1 $2.05 174.1 183.9 185
Slide 35: Income Statement
INCOME STATEMENT KEY METRICS ($M) H1 2025 H1 2024 % change H2 2024 % change Revenue 415.1 398.2 4% 370.1 12% Selling and marketing expenses 168.8 164.2 3% 164.8 2% Administrative and general expenses 63.9 53.8 19% 49.4 29% EBITDA 185.1 183.9 1% 158.4 17% EBITDA margin 45% 46% (2%) 43% 5% Financial i
Slide 36: Cost Profile – Highly Disciplined Approach to Cost Management
COST PROFILE – HIGHLY DISCIPLINED APPROACH TO COST MANAGEMENT CONTROL OVER EXPENSES ENABLED BY PLUS500’S FLEXIBLE COST STRUCTURE Key Elements of cost base ($m) H1 2025 H1 2024 % change H2 2024 % change OUR COST BASE Advertising, technology and marketing investment 69.5 84.5 (18%) 87.3 (20%) Payment
Slide 37: Balance Sheet
BALANCE SHEET EXTREMELY STRONG BALANCE SHEET POSITION MAINTAINED IN H1 2025 ($m) 30/06/25 31/12/24 % Change ($m) 30/06/25 31/12/24 % Change Cash and Cash Equivalents 938.1 890.0 5% Current Liabilities 427.4 327.4 31% Other Current Assets 49.3 30.2 63% Non-Current Liabilities 21.5 20.1 7% Total Curre
Slide 38: Cash Flow
CASH FLOW ATTRACTIVE CASH GENERATIVE BUSINESS MODEL ($M) OPERATING ACTIVITIES: H1 2025 H1 2024 % Change Cash generated from operations 129.2 177.5 (27%) Highly cash generative - Operating cash Interest received 29.6 29.1 2% conversion1 for H1 2025 was 70% Driven by strong EBITDA performance Income t
Slide 39: Our Disciplined Approach to Capital Allocation
OUR DISCIPLINED APPROACH TO CAPITAL ALLOCATION SURPLUS CAPITAL OF UP TO $385M PROVIDES SIGNIFICANT OPTIONALITY REQUIRED REGULATORY CAPITAL CURRENT SURPLUS CAPITAL AND ADDITIONAL RISK MANAGEMENT CAPITAL c.$550M* UP TO c.$385M* of required capital – covering: to be invested in: Regulatory Working Risk
Slide 40: Our Approach to Shareholder Returns
OUR APPROACH TO SHAREHOLDER RETURNS ESTABLISHED TRACK RECORD OF ATTRACTIVE, COMPOUNDING SHAREHOLDER RETURNS SHAREHOLDER Total of c.$365.0m shareholder returns announced during YTD 2025 RETURNS POLICY: SINCE IPO YEAR: $2.7BN ANNOUNCED TODAY: $165.0M At least 50% of net profits to be returned to Share
Slide 41: Summary & Outlook
» SUMMARY & OUTLOOK — Plus500 1's TRADING WITH A PLUS
Slide 42: A Long Track Record of Profitable Growth & Cash Generation
A LONG TRACK RECORD OF PROFITABLE GROWTH & CASH GENERATION STRONG OPERATIONAL AND FINANCIAL PERFORMANCE SINCE IPO IN 2013 STRONG BALANCE SHEET Since IPO year in 2013, GROWING TOPLINE Plus500 has generated Debt-free since inception 17% CAGR1 revenue growth $3.7bn 98% average annual operating between
Slide 43: Investment Case
INVESTMENT CASE 1 2 3 Established track record Focus on higher-value customers Diversification of products, of innovation and growth, markets and revenues underpinned by technology edge 4 5 6 Extremely robust Attractive shareholder returns Long-term planning underpins financial position including di
Slide 44: Outlook – Seizing the Attractive Growth Opportunities Ahead
OUTLOOK – SEIZING THE ATTRACTIVE GROWTH OPPORTUNITIES AHEAD STRATEGICALLY WELL PLACED TO DELIVER GROWTH AND SHAREHOLDER RETURNS OUTLOOK MEDIUM TO LONG-TERM VIEW Well-positioned to capitalise on short-term Focus on strategic growth through market trends investments and acquisitions Focused on long-te
Slide 45: Thank You Q&A
Q&A THANK YOU Investor Relations Contact: Owen Jones Head of Investor Relations owen.jones@plus500.com ir@plus500.com
Slide 46: Disclaimer
DISCLAIMER The Presentation does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any The Company does not accept any responsibility for the accuracy or completeness of any information reported by offer to purchase or subscribe for, any shares or other