Slide 1: Q4 2025 Result Presentation
The partial demerger was completed at year - end; significant profitability improvement in continuing operations in 2025 LUOTEA PLC Q4 2025 RESULT PRESENTATION 27 FEBRUARY 2026
Slide 2: Agenda
Agenda 1. Q4 & FY 2025 highlights 2. Q4 performance 3. 2025 (incl. demerger) 4. Luotea strategy CEO CFO Antti Niitynpää Mika Stirkkinen 5. Financials & Guidance 6. Q&A 2
Slide 3: Highlights
Highlights 2025 2025 Q4 • Group net sales -1,0 % • Group net sales decreased by 1,2 % • Adjusted EBITA 7,0 M€ (1,2 M€) • In Finland net sales decreased by 7,8 % • Adjusted EBIT 5,5 M€ ( -0,3 M€) • Adjusted EBITA decreased in Finland by 1,6 M€, • Group cost allocation method changed due to half of th
Slide 4: Highlights
Highlights 2025 2025 Q4 • Group net sales -1,0 % • Group net sales decreased by 1,2 % • Adjusted EBITA 7,0 M€ (1,2 M€) • In Finland net sales decreased by 7,8 % • Adjusted EBIT 5,5 M€ ( -0,3 M€) • Adjusted EBITA decreased in Finland by 1,6 M€, • Group cost allocation method changed due to half of th
Slide 5: Finland & Sweden Q4
Finland & Sweden Q4 Net sales*, m€ Adjusted EBITA**, m€ -1,0 -1,0 89,8 88,8 5,3 86,7 86,9 83,9 2,9 1,7 1,1 0,6 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 *) Group net sales is smaller than sum of FIN+SWE due to elimination 5 **) Excludes group administration & ot
Slide 6: Finland Q4
Finland Q4 Net sales, m€ Adjusted EBITA, m€ Highlights -4,6 -1,5 • Decreased sales due to 58,8 58,3 4,9 57,0 price competition and 54,9 54,3 4,2 customers saving programs. • Personnel side costs +0,7 m€ versus Q4/24 2,9 • Sales margin stable versus 2,2 Q4/2024 1,3 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4
Slide 7: Sweden Q4
Sweden Q4 Net sales, m€ Adjusted EBITA, m€ Highlights +3,6 +0,5 • Customer satisfaction up, 0,4 34,6 leading to higher add -on 31,0 sales 29,9 29,1 28,3 • Playbook execution continued • Sizable unprofitable contract ended in Dec • Jernhusen contract -0,7 extension in Jan • Adjusted EBTDA +1,1 m€ -1,
Slide 8: Better full year performance in both countries
Better full year performance in both countries Adjusted EBITA, m€ Finland Sweden +2,7 +3,6 12,6 9,9 -2,7 -6,3 2024 2025 2024 2025 8
Slide 9: Improved profitability in 2025
Improved profitability in 2025 Group net sales, m€ Finland + Sweden Adjusted EBITA, m€ -3,5 +6,3 • Significant profitability 349,5 346,0 9,9 improvement in Finland and Sweden • In both countries efficiency actions continued according our playbook • EBITA margin in Finland 5,6% 3,6 2024 2025 2024 202
Slide 10: Clear improvement in key employee metrics 2025
Clear improvement in key employee metrics 2025 - all remain above industry averages Total Recordable Incident Employee Net Promoter Frequency (TRIF) Personnel turnover Score ( eNPS ) – Employee recommendation score 18,0 16 24 21 19% 15% 2024 2025 2024 2025 2024 2025 10
Slide 11: Luotea strategy
Luotea Luotea strategy
Slide 12: Vision, strategic focus and success factors
VISION oATRE, ATR peohTREny we No aa seeenteNg Creo treme Growing repair back\ Demographic shift ing repai log reteienociion Leading the way towards a smarter tomorrow ATR, piste LGs carne STRATEGIC FOCUS Climate & < No ahr w ecological crisis Technological GERRI High-quality, Efficient responsible
Slide 13: Luotea's Strategic Focus 2026
Luotea’s Strategic Focus 2026 High - quality, Efficient Industry’s Digital responsible operating best place services services models to work and AI • Driving growth in our • Executing the turnaround • Building a shared • Using AI to support core business through in Sweden according to Luotea culture
Slide 14: Scandic: National facility services agreement for 20 hotels
Scandic: National facility services agreement for 20 hotels Contract includes: Smart analytics cut About one third of facility maintenance, Data and AI driven energy use and Scandic’s Finland technical services, energy optimization emissions, improve portfolio. energy management, in the core: move i
Slide 15: Jernhusen: Nationwide partnership and largest procurement in 25-year history
Jernhusen : Nationwide partnership and largest procurement in 25 -year history 143 516,000 4 - year properties in 45 square metres agreement with an municipalities, from option to extend . Malmö to Kiruna “There are many aspects of the partnership with Luotea that we consider to be groundbreaking. I
Slide 16: Financials & guidance
Financials & guidance CFO Mika Stirkkinen
Slide 17: Result for continuing & discontinued operations
Result for continuing & discontinued operations • Presentation in accordance with IFRS 5 does not reflect 160,4 161,7 the profitability of continuing or discontinued operations as separate legal entities prior to the demerger. • Reported Result for the period of EUR 161.7 million doesn’t reflect any
Slide 18: Breakdown of the result
Breakdown of the result 9,9 2,9 • Group costs forecasted to be lower in 2026 7,0 • Current PPA amortization 1,5 over by 2028 5,5 • Items Affecting Comparability (IAC) likely 2,5 lower in 2026 3,0 • Finance net forecasted to 1,8 be lower in 2026 1,2 Adj. EBITA Group Adj. Group PPA Adj. EBIT, IAC EBIT
Slide 19: Material negative impact due to IFRS 5
Material negative impact due to IFRS 5 Group, Finland & Sweden, Adjusted EBITA LTM Adjusted EBITA LTM +6,3 In 2025: +5,8 10,9 • Clear and steady improvement 8,4 9,9 • In Q4 statutory social costs - 9,5 incl occupational accident 6,9 7,0 insurance - EUR 0,7 million higher than in Q4/2024 6,5 • IFRS 5
Slide 20: Capital structure
Capital structure Net debt / Revolving credit Adjusted facility of EBITDA mEUR 10 0,24 unused 17,3 15,7 -5,0 -4,1 4,1 -14,8 Cash Bank loan IFRS 16 liabilities Net debt Net debt Adjusted EBITDA 20
Slide 21: Solid EBITDA, very low net debt and limited investments support strong cash flow
Solid EBITDA, very low net debt and limited investments support strong post -investment cash flow. Group adjusted EBITDA, LTM Cash flow after investments* 18,8 17,3 17,1 17,3 1,3 0,7 1,1 14,2 14,2 11,8 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Adjusted Investments Finance net Tax Indicative CF EBITDA
Slide 22: Financial targets
Financial targets Revenue growth Average annual organic growth of 4 - 5% in the mid -term Profitability Adjusted EBITA margin exceeding 5% in the mid -term Cash flow Operating free cash flow of over 90% of EBITA in the mid -term Dividend policy Dividend payout at least 50% of net profit 22
Slide 23: Dividend proposal & Guidance
Dividend proposal & Guidance Dividend proposal: EUR 0,07 per share Guidance: In 2026 adjusted EBITA is expected to be better or materially better than the adjusted EBITA (EUR 7,0 million) in 2025 23
Slide 24: Q&A
Q&A Q1/2026 webcast on 6.5.2026 ir@luotea.com