Slide 1: Revenue increased and adjusted operating result decreased, significant change in demand for different powertrains
REVENUE INCREASED AND ADJUSTED OPERATING RESULT DECREASED, SIGNIFICANT CHANGE IN DEMAND FOR DIFFERENT POWERTRAINS Q2 2026 Results CEO Juha Kalliokoski CFO Enel Sintonen Q2 2026 RESULTS 12.8.2026 1
Slide 2: Table of contents
TABLE OF CONTENTS Q2 2026 RESULTS 1. Q2 in brief 2. Market position 3. Changes in showroom network 4. Review by country 5. Financial development & Outlook 6. Long-term targets 7. Q&A Q2 2026 RESULTS 12.8.2026 2
Slide 3: Focus on inventory turn, market events accelerating shift in different powertrains
FOCUS ON INVENTORY TURN, MARKET EVENTS ACCELERATING SHIFT IN DIFFERENT POWERTRAINS Revenue increased 6.7% Gross profit was EUR 20.8 Cash flow from operating Revenue from integrated Customer satisfaction and was EUR 219.2 million million (24.0). Gross margin activities in January–June services was EU
Slide 4: Kamux reclaimed its position as #1 used cars seller in Finland in Q2 and H1
KAMUX RECLAIMED ITS POSITION AS #1 USED CARS SELLER IN FINLAND IN Q2 AND H1 Market size Kamux market Market development in Kamux position and In H1 2026, new passenger car Market (2025) share* Q2 2026 development in Q2 2026 registrations in the EU increased by 5.7% (ACEA). ~6.9% ~0.8 million Kamux #
Slide 5: Changes in showroom network
CHANGES IN SHOWROOM NETWORK Finland Sweden Germany Total Ahrensburg and Stade Q2/2026 - - showrooms closed -2 Total showrooms on 40 17 7 64 June 30, 2026 Announced Porvoo showroom - - - openings/closures relocates in August Q2 2026 RESULTS 12.8.2026 5
Slide 6: Finland: focus shifted to inventory turn and volumes
FINLAND: FOCUS SHIFTED TO INVENTORY TURN AND VOLUMES MEUR % 250 5 200 4 • Market contracted slightly in the quarter 150 3 • Accelerated shift in demand from diesel to 100 2 EV’s/hybrids following increased fuel prices, 50 1 reflecting strongly on the purchasing market 0 0 • Competition remained tigh
Slide 7: Marketing activities in Finland building awareness of high customer satisfaction and visibility
MARKETING ACTIVITIES IN FINLAND BUILDING AWARENESS OF HIGH CUSTOMER SATISFACTION AND VISIBILITY AMONG KEY TARGET AUDIENCE Q2 2026 RESULTS 12.8.2026 7
Slide 8: Sweden: direction is right, volumes getting back on track
SWEDEN: DIRECTION IS RIGHT, MEUR % VOLUMES GETTING BACK ON TRACK 50 0 40 -1 30 • Used car market contracted during the quarter 20 -2 • Competition remained tight, used car prices were 10 -3 stable on average, prices for diesel cars decreased 0 -4 • Significant increase in number of cars sold; volume
Slide 9: Germany: focus on operational execution
GERMANY: FOCUS ON MEUR % OPERATIONAL EXECUTION 30 0 -1 25 -2 20 -3 • Market contracted slightly vs. Q2/25, 15 -4 -5 used car prices increased slightly on 10 -6 average, prices for diesel cars decreased 5 -7 0 -8 • Number of cars sold increased Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 • Revenue affected by clea
Slide 10: Financial development and outlook
FINANCIAL DEVELOPMENT AND OUTLOOK Q2 2026 RESULTS 12.8.2026 10
Slide 11: Focus on inventory turn to support volumes
FOCUS ON INVENTORY TURN TO SUPPORT VOLUMES • Growth in revenue 6.7% and in sales volumes 8.3% • Demand for different powertrains shifted suddenly – focus on inventory turn • Gross margin 9.5% (11.7) - relative growth of Sweden and Germany where the margins are lower, pressure in margins in Finland M
Slide 12: Key figures
KEY FIGURES (MEUR) 4-6/2026 4-6/2025 Change, % 1-6/2026 1-6/2026 Change, % 1-12/2025 Revenue 219.2 205.5 6.7% 424.3 438.1 -3.2% 875.9 Gross profit 20.8 24.0 -13.3% 39.8 42.1 -5.4% 85.3 as percentage of revenue, % 9.5% 11.7% 9.4% 9.6% 9.7% Operating result (EBIT) 0.3 1.7 -84.6% -0.7 -0.9 17.9% 0.6 as
Slide 13: Demand for different powertrains shifted suddenly – focus on inventory turn supported volumes
DEMAND FOR DIFFERENT POWERTRAINS SHIFTED SUDDENLY – FOCUS ON INVENTORY TURN SUPPORTED VOLUMES Sold cars (pcs) 20,000 19,364 18,484 1,567 18,000 17,037 1,515 16,354 +8.3% 16,137 16,000 3,529 1,684 15,727 1,322 1,428 2,774 14,890 14,694 1,239 14,310 1,209 13,889 13,727 14,000 2,770 3,046 1,344 13,208
Slide 14: Integrated services remained stable
INTEGRATED SERVICES REMAINED STABLE Revenue from integrated services MEUR 18 10% -0.2 / -0.5% 16 15,4 9% 14,6 13,6 13,6 13,7 13,7 8% 14 13,4 13,2 13,0 13,3 12,7 12,8 6,4% 6,3% 6,5 % 7% 12 6,2% 5,8% 5,7% 5,9% 5,8% 5,5% 5,4% 6% 10 5,2% 4,8% 5% 8 4% 6 3% 4 2% 2 1% 0 0% Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/
Slide 15: Pressure on sales prices was a setback to profitability
PRESSURE ON SALES PRICES WAS A SETBACK TO PROFITABILITY Revenue (EUR million) Adjusted operating profit (EUR million) 13 280 12 260 11 240 10 220 9 200 8 180 7 160 6 140 5 120 4 100 3 2 80 1 60 0 40 -1 20 -2 0 -3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2023 2024 2025 2026 2023 2024 2025 2026 Revenue was EUR 219.2 m
Slide 16: Seasonal inventory cycle visible in operating cash flow
SEASONAL INVENTORY CYCLE VISIBLE IN OPERATING CASH FLOW Components of Cash Flow from Operating Activities 1-6/2026 (EUR million) Inventories (EUR million) 8 140 7.9 -18.1 +19.6 m / +19.6% 130 6 119,8 120 4 110 100,2 2 100 90 0 80 -2 -1.3 70 60 -4 50 -6 40 -8 30 1.2 20 -10 -10.2 10 -12 0 Net result 1
Slide 17: Outlook for 2026
OUTLOOK FOR 2026 Kamux expects its adjusted operating profit for 2026 to increase from the previous year. Q2 2026 RESULTS 12.8.2026 17
Slide 18: Long-term targets and strategy
LONG-TERM TARGETS AND STRATEGY Q2 2026 RESULTS 12.8.2026 18
Slide 19: Tracking progress towards our long-term targets
TRACKING PROGRESS TOWARDS OUR LONG-TERM TARGETS LONG-TERM TARGET FY 2022 FY 2023 FY 2024 FY 2025 LTM(1 FINANCIAL Sold cars, pcs 100,000 / year 62,922 68,257 66,548 57,518 57,653 Revenue, MEUR 1,500 / year 969 1,002 1,010 876 862 Adj. EBIT margin, % 4% 1.8% 1.8% 1.1% 0.4% 0.2% NON-FINANCIAL Q2/26 NPS
Slide 20: Group management team
GROUP MANAGEMENT TEAM Juha Kalliokoski Enel Sintonen Niklas Eriksson Marcus Mezödi CEO CFO Managing Director, Sweden Managing Director, Germany Joni Tuominen Aino Hökeberg Tuuli Kiiski Jarkko Lehtismäki Managing Director, Finland Chief Business Development and Chief People Officer Chief Digital Offi
Slide 21: One Kamux – productivity improvement
ONE KAMUX – PRODUCTIVITY IMPROVEMENT Inventory turn, Data-driven Inventory health pricing and S&OP PASSIONATE AND CAPABLE EMPLOYEES One Kamux way, Inventory and showrooms, Consistent way of working, fit selection, no lazy capital clear standards and controls Q2 2026 RESULTS 12.8.2026 21
Slide 22: Our vision: become the #1 used car retailer in Europe
OUR VISION BECOME THE #1 USED CAR RETAILER IN EUROPE Q2 2026 RESULTS 12.8.2026 22
Slide 23: Q&A
Q&A Q2 2026 RESULTS 12.8.2026 23
Slide 24: Thank you!
THANK YOU! Q2 2026 RESULTS 12.8.2026 24
Slide 25: Disclaimer
DISCLAIMER It should be noted that Kamux and its business are exposed to various risks and uncertainties, and certain statements herein which are not historical facts, including without limitation, those regarding expectations for market growth and developments; expectations for growth and profitabi