Slide 1: 2024 9 Month revenue
2024 9 Month revenue October 24, 2024 Sophie Boissard, CEO Gregory Lovichi, CFO
Slide 2: Disclaimer
Disclaimer This document contains forward-looking statements that involve risks and uncertainties, including those included or incorporated by reference, concerning the Group's future growth and profitability that could cause actual results to differ materially from those indicated in the forward-lo
Slide 3: Agenda
Agenda ■ 01 Highlights ■ 04 Outlook ■ 02 9 Month revenue ■ 03 Refinancing Plan Page 3 2024 Q3 Revenue
Slide 4: Highlights
1 Highlights 24. 10. 24
Slide 5: 9 months revenue key highlights
9 months revenue key highlights: Solid business growth during the period: Revenue up 6.3% All regions and business segments contributing to organic growth 2024 objectives confirmed Organic revenue growth of over 5% Stable EBITDA in value pre IFRS 16 (pro forma basis) despite the absence of contribut
Slide 6: Organic growth +6.3%: well balanced growth between volume and price
Well balanced growth between volume and price Organic Business growth:+6.3% volumes +2.3% +€85 million Reported Price (including care & case mix) growth:+5.4% increases +4.0% +€150 million Page 6 2024 Q3 Revenue
Slide 7: 9 Month revenue
2 9 Month revenue 24. 10. 24
Slide 8: Solid growth in all activities, thanks to a balanced portfolio
Solid growth in all activities, thanks to a balanced portfolio GROWTH BY ACTIVITY 9M 2023 9M 2024 Share of Reported Organic Revenue Revenue revenue growth growth (€m) (€m) Long Term 2,330 2,450 62% +5.2% +7.0% Care Specialty 967 992 25% +2.6% +3.0% care Community 435 491 13% +12.9% +9.8% Care Total
Slide 9: Long Term Care: steady occupancy rate increases
Long Term Care : steady occupancy rate increases in % 9M 2024 9M 2023 90.2% 88.3% 90.7 89.6 89.5 89.1 89.2 88.2 87.6 87.7 87.1 86.0 85.6 2022 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 • 9M average occupancy rate @ 90.2% : up 1.9 pts vs. 9M 2023 (88.3%) with a solid increase in all geographies Furth
Slide 10: 9-month Revenue Bridge
9-month Revenue Bridge +5.4% reported growth Volume increase Revenue Revenue (net of financing) growth +6.3% organic growth Long-term care: +€63m mainly due In €m to occupancy rate increase 4,000 • France : +€11m +€85m +2.3% +4.0% -0.9% • Germany : +€14m • Italy : +€9m 3,950 -33 • Spain : +€6m • Ben
Slide 11: All geographies posted solid organic growth
All geographies posted solid organic growth 9M 24 Reported 9M 24 Organic growth growth France +5.8% +4.9% Germany +7.2% +7.7% Benelux +7.2% +7.7% Italy +2.3% +3.4% Spain, UK -3.1% +14.3% Total +5.4% +6.3% Page 11 2024 Q3 Revenue
Slide 12: Performance by geographies: France & Germany
Performance by geographies : France & Germany in % Occupation rate 90.7 Variation (%) 89.0 €m 9M 2023 9M 2024 88.3 88.3 88.2 88.0 Published Organic 87.4 87.5 87.1 86.8 REVENUE 1 644 1 739 +5,8% +4,9% 86.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2022 2023 2024 Occupation rate in % 89.9 90.1 88.8 Variation (
Slide 13: Performance by geographies: Belgium and Netherlands
Performance by geographies: Belgium and Netherlands Variation (%) €m 9M 2023 9M 2024 Published Organic REVENUE 557 597 +7,2% +7,7% * Occupation rate Occupation rate in % 91.0 91.6 91.6 91.6 in % 90.6 76.9 76.1 74.8 75.1 89.5 89.4 74.4 72.7 71.4 88.2 70.6 87.6 67.5 66.8 85.8 85.8 64.4 Q1 Q2 Q3 Q4 Q1
Slide 14: Performance by geographies: Italy & Spain
Performance by geographies : Italy & Spain in % Occupation rate (NH) 96.7 96.6 95.5 95.4 95.6 Variation (%) 94.2 €m 9M 2023 9M 2024 93.7 93.4 Published Organic 92.1 REVENUE 455 465 +2,3% +3,4% 90.6 88.5 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2022 2023 2024 in % Occupation rate (NH) Variation (%) 91.3 €m 9
Slide 15: Refinancing plan
3 Refinancing plan 24. 10. 24
Slide 16: Strengthening plan of the Group's financial structure on track
Strengthening plan of the Group’s financial structure on track Announced on 14 November 2023 THE FOUR PARTS of our financial structure strengthening to : ▪ Strengthen Clariane’s liquidity and financial structure ▪ Enabling the Group to successfully pursue its mission in the new economic environment
Slide 17: Asset disposals program
Asset disposals program: 1bn of targeted disposals and partnerships by 2025, c.48% already secured ■ Adapted to the Group's strategy: 4 key geographies ▪ ▪ 3 complementary segments : Long term Care, Specialty Care, Community Care ■ Ensure focus on scaled platforms to capture growth ■ Ensure long ter
Slide 18: Outlook
4 Outlook 24. 10. 24
Slide 19: Outlook for 2024 and 2023-2026
Outlook for 2024 and 2023-2026 2024 2023-2026 ORGANIC REVENUE GROWTH >5% CAGR c.+5% At least stable in value on a Margin up 100 bps to 150 bps in EBITDA pre IFRS 16 proforma basis 2026 < 3.0x at end of 2025 FINANCIAL LEVERAGE pre IFRS 16 LTV at 55% Maintain NPS of at least 40 Qualifying Path: above
Slide 20: Thank you
clariane THANK YOU TN