Slide 1: Investor Meeting
Investor Meeting Financial Statements as of June 30, 2026 The information contained in this Investors presentation constitutes a convenience translation. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law and represents the binding version and the onl
Slide 2: Disclaimer
Disclaimer This presentation includes forecasts, estimates, and plans of the Company regarding its operations, as well as other information about future events and matters. Such information constitutes forward-looking information as defined in the Israeli Securities Law, 1968. The realization of suc
Slide 3: Leading position
Leading position 50+ sites NIS 1 billion NIS 8.4 billion 6,000 + 17,000 + 14 Aa2.il 21
Slide 4: Highlights
Highlights The merger with Magic was successfully completed, generating value through margin improvement, the launch of new products, and operational and geographic synergies. Strong organic growth in revenues, profits, and profit margins in the quarter and the period, with sharp growth in revenues
Slide 5: War-affected quarter; Passover holiday; USD exchange rate
War-affected quarter; Passover holiday; USD exchange rate... At the beginning of the quarter, the state of emergency remained in effect (until April 8) due to the war with Iran, which, among other things, led to loss of working days in the quarter. April 1-2, Bnei Brak and April 4-6, Central Israel
Slide 6: War-affected quarter; Passover holiday; USD exchange rate
War-affected quarter; Passover holiday; USD exchange rate... At the beginning of the quarter, the state of emergency remained in effect (until April 8) due to the war with Iran, which, among other things, led to loss of working days in the quarter. The number of working days in the second quarter is
Slide 7: Q2 2026 Net income – 13.4% growth in net income, 32.4% on a CC basis
Despite the 18% depreciation of the USD, the Company achieved double-digit growth in operating income, net income, and net income attributable to shareholders Q2 2026 CC analysis provides a more accurate view of the results, as 40% of Matrix revenues are in USD Net income – 13.4% growth in net incom
Slide 8: Financial Statements
Financial Statements June 30, 2026
Slide 9: Key P&L Highlights - Q2 2026 compared with the corresponding quarter
Key P&L Highlights - Q2 2026 compared with the corresponding quarter (NIS millions) Q2 2026 Q2 2025 Growth % Revenues 2,119 1,994 6.3% 15.3% growth on a Constant Currency basis Gross profit R&D expenses SG&A Operating income 202 183 10.6% 20.6% growth on a Constant Currency basis Finance expenses, n
Slide 10: Key P&L Highlights - H1 2026 compared with the corresponding period
Key P&L Highlights - H1 2026 compared with the corresponding period (NIS millions) H1 2026 H1 2025 Growth % Revenues 4,247 4,071 4.3% 12.3% growth on a Constant Currency basis Gross profit R&D expenses SG&A Operating income 405 366 10.8% 19.2% growth on a Constant Currency basis Finance expenses, ne
Slide 11: Q2 2026 summary (NIS millions)
Q2 2026 summary (NIS millions) Revenues Operating income +6.3% +10.6% 7.2% 4YR CAGR 10.8% 4YR CAGR 15.3% 20.6% growth on a growth on a Constant Currency basis Constant Currency basis 2,119 202 1,994 1,789 1,840 183 1,602 167 154 134 8.4% 8.6% 9.1% 9.2% 9.5% Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 2022 2023 20
Slide 12: Q2 2026 summary (NIS millions)
Q2 2026 summary (NIS millions) Net income Net income to shareholders (*) +13.4% +(*)12.4% 8.1% 4YR CAGR 8.1% 4YR CAGR 32.4% growth on a Constant Currency basis 123 135 104 109 115 119 100 110 90 99 86 90 72 78 6.2% 6.1% 6.2% 6% 6.4% 5.6% 5.6% 5.7% 5.5% 5.8% Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 2022 2023 20
Slide 13: H1 2026 summary (NIS millions)
H1 2026 summary (NIS millions) Revenues Operating income +4.3% +10.8% 7.1% 4YR CAGR 9.9% 4YR CAGR 12.3% 19.2% growth on a growth on a Constant Currency basis Constant Currency basis 405 4,071 4,247 366 331 3,584 3,773 310 3,226 278 8.6% 8.6% 9% 8.8% 9.5% 9% 9.5% H1 H1 H1 H1 H1 H1 H1 H1 H1 H1 2022 20
Slide 14: H1 2026 summary (NIS millions)
H1 2026 summary (NIS millions) Net income Net income to shareholders (*) +11.3% +(*)10.7% 7.5% 4YR CAGR 7.8% 4YR CAGR 25.6% growth on a Constant Currency basis 245 272 243 225 220 218 197 205 204 180 183 156 171 146 6.3% 6.1% 6% 6% 6.4% 5.6% 5.5% 5.5% 5.4% 5.7% H1 H1 H1 H1 H1 H1 H1 H1 H1 H1 2022 202
Slide 15: Balanced revenue distribution across customer sectors
Balanced revenue distribution across customer sectors Other Aerospace & Defense 6% High-tech 20% 12% Healthcare & 15% Financial transportation 17% institutions 16% 14% Industry, communications, & Government & Public Sector retail Based on revenue for 2025, Matrix + Magic
Slide 16: Revenue breakdown by geographic region
Revenue breakdown by geographic region 2.8% 0.6% Israel 15.8% 80.8% United States 15.8% Europe 2.8% Others 80.8% 0.6%
Slide 17: Analysis of Operating Segment Results
Analysis of Operating Segment Results Q2 2026
Slide 18: Operating segments
Operating segments IT Solutions, Software Products & IT Solutions and Software Products & Cloud Solutions, IT Infrastructure & Services and Systems Services – International Systems – Israel and International Engineering – Israel IT solutions and services in Israel GRC solutions (Governance, Risk & C
Slide 19: Operating segment results (NIS millions)
Operating segment results (NIS millions) Reported revenues Revenues on a Constant Currency basis 1,280 1,300 IT solutions – Israel 1,178 IT solutions – Israel 1,178 8.7% 10.4% 343 416 IT solutions – International 368 IT solutions – International 368 (6.8%) 13% 549 636 Cloud and infrastructure 470 Cl
Slide 20: IT Solutions, Software Products & Services, and Systems Engineering - Israel
IT Solutions, Software Products & Services, and Systems Engineering - Israel
Slide 21: IT Solutions and Software Products & Services - International
IT Solutions and Software Products & Services - International
Slide 22: Cloud Solutions, IT Infrastructure & Systems - Israel and International
Cloud Solutions, IT Infrastructure & Systems - Israel and International
Slide 23: Growth
Growth
Slide 24: Revenue growth
Revenue growth October 7, 2023 2022 Global inflation 2020 and supply chain Covid-19 disruptions * Matrix standalone results
Slide 25: Operating income growth
Operating income growth October 7, 2023 2022 Global inflation 2020 and supply chain Covid-19 disruptions * Matrix results alone
Slide 26: Net income growth
Net income growth October 7, 2023 2022 Global inflation 2020 and supply chain Covid-19 disruptions * Matrix results stand alone
Slide 27: Post Magic Merger
@ e° matrix oe Post Magic Merger
Slide 28: Matrix, Post Magic Merger – Highlights
Matrix, Post Magic Merger – Highlights • A leap for Matrix in geographic expansion and diversity. Mainly, strengthening U.S. operations as a Merger objectives strategic target market. presented ahead of General Meeting • Meaningful scale, with $2bn combined revenue, +15,000 FTEs and combined market
Slide 29: One Of The Largest Listed IT Services Firms By Market Cap
One Of The Largest Listed IT Services Firms By Market Cap U.S. Listed IT Services European Listed IT Services Rank Market cap ($mm) Rank Market cap (€mm) 1 $108.240 1 €18,000 2 49,060 2 11,290 3 26,480 3 3,640 4 19,240 4 2,408 5 15,290 6 5,190 5 1,835 7 3,040 6 £1,080 8 2,740 7 965 9 1,780 8 934 10
Slide 30: Revenue growth
Revenue growth 2026 2022 Magic merger Global inflation and supply chain disruptions 2008 Global financial 2020 October 7, 2023 crisis Covid-19 * From Q1 2026, results are consolidated with Magic
Slide 31: Operating income growth
Operating income growth 2026 Magic merger 2022 Global inflation and supply chain disruptions 2008 Global financial crisis 2020 Covid-19 October 7, 2023 * From Q1 2026, results are consolidated with Magic
Slide 32: Net income growth
Net income growth NIS 2026 Magic merger 2022 Global inflation and supply chain disruptions 2008 Global financial crisis 2020 Covid-19 October 7, 2023 * From Q1 2026, results are consolidated with Magic
Slide 33: Financial Indexes
Financial Indexes
Slide 34: Finance expenses, net (NIS thousands)
Finance expenses Finance expenses, net (NIS thousands) Q2 2026 Q2 2025 Change H1 2026 H1 2025 Change Interest, commissions, and other (net) FX differences Accounting finance expenses Total finance 26,525 25,807 718 50,304 46,333 3,971 expenses (net)
Slide 35: Financial indexes (NIS millions)
Financial indexes (NIS millions) Equity Capital Structure June 30, 2026 Dec 31, 2025 Commercial Equity Securities (due by 252 February 2030) 275 % of total balance sheet 64 Loans from financial 101 institutions Gross financial debt 300 Net financial debt On-call loans (net cash) 2,050 Current ratio
Slide 36: Financial indexes (NIS millions)
Financial indexes (NIS millions) Cash flows from operating activities June 30, 2026 Dec 31, 2025 LTM cash flows from operating • activities Cash and cash equivalents )20.3%( 17.3% 4YR CAGR • Unutilized credit facilities Total liquid assets 2,151 2,442 863 797.9 704.3 688 362.9 Credit rating Aa2.il (
Slide 37: Dividend
Dividend Distribution of up to 75% of profits to the Company’s shareholders Dividend for Q2 2026 NIS million 91.6 Dividend yield of ~4.5% Based on the H1 2026 dividend*
Slide 38: AI
Al e*e matrix oe
Slide 39: The AI Development Paradox: Lower Costs, More Projects
THE AI DEVELOPMENT PARADOX: LOWER COSTS, MORE PROJECTS
Slide 40: From Horse to Autonomous Vehicle
From Horse to Autonomous Vehicle
Slide 41: From Horse to Autonomous transportation system
From Horse to Autonomous transportation system
Slide 42: Autonomous transportation system architecture
(@) COMMUNICATIONS NETWORK RIS i cas YWEERIOR SNFOR. ‘SENSOR ND MAPS & REAL-TIME DATA Bs, PREEICTIVE INeIDENT MODELING DETECTION CENTRAL CONTROL SYSTEM ‘Al-POWERED TRAFFIC MANAGEMENT el ay 4 i > VEHICLE TO INFRASTRUCTURE i i 4 © v2i cammunication = Real-tinre read and A = traffic data = s ) i 1 sens
Slide 43: From horse to autonomous vehicle
From horse to autonomous vehicle Enterprise AI is not just another tool. It is the shift toward a hybrid, autonomous, measurable, controlled, and managed work environment. The winning organization will not be the one that merely buys a model, but the one that builds a complete AI operating environme
Slide 44: Value is shifting from the model to the ecosystem
Value is shifting from the model to the ecosystem The transition from horses to cars required an entirely new ecosystem: roads, fuel, licensing, insurance, and maintenance. The shift to autonomous vehicles requires an even more profound transformation. Who holds the wheel? Horse Vehicle Autonomous v
Slide 45: Focus is shifting to the ecosystem
Focus is shifting to the ecosystem Three questions that create entirely new service categories. Each one represents a new opportunity for services, platforms & software products Who is accountable Who verifies that it is still Who steps in when when AI makes a performing correctly? needed? mistake?
Slide 46: Focus is shifting to the ecosystem
Focus is shifting to the ecosystem The mixed-traffic road: AI agents operating alongside core systems The real challenge is not full autonomy - it is years of mixed traffic on the same road. The number of Both sides must evolve The slowest component integration points sets the pace continues to grow
Slide 47: Focus is shifting to the ecosystem
Focus is shifting to the ecosystem A new kind of accident: the risk has not disappeared, it is changing Autonomous vehicles did not eliminate risk. They introduced new failure modes and created new markets for testing, insurance, certification, and oversight. The new risk Why is it fundamentally dif
Slide 48: Matrix's layered model for sustained enterprise AI adoption
Matrix's layered model for sustained enterprise AI adoption The advantage lies in covering the full AI lifecycle: Infrastructure → Products → Agents → Implementation → Continuous Operations Continuous Operations Security, safety, model performance, business value, and realized ROI Implementation, Ad
Slide 49: The entire value chain under one roof
The entire value chain under one roof A combination of infrastructure, software products, cloud, cybersecurity, data, implementation, training & AI-related IP Infrastructure Software products AI-Augmented Development Cloud, networking, storage, Integration, observability, control, Across dev lifecyc
Slide 50: Continued strong growth in data + AI business
Continued strong growth in data + AI business
Slide 51: Thank you
Thank you