Slide 1: Technologies for Positive Commerce – Q3 2025 Sales
Technologies for Positive Commerce Q3 2025 Sales Conference Call – October 22, 2025
Slide 2: Agenda
Agenda Introduction Olivier Gernandt – Investor Relations Officer Q3 Highlights Thierry Gadou – Chairman & CEO Q3 Financials Thierry Lemaitre – Deputy CEO Finance & Corporate Outlook Thierry Gadou – Chairman & CEO Q&A Thierry Gadou & Thierry Lemaitre Proprietary and confidential. Do not distribute.
Slide 3: Disclaimer
Disclaimer This presentation contains unaudited financial information. In addition, this presentation includes performance indicators restated for the IFRS accounting impact of the Walmart US contract. The Group presents these restated performance indicators to allow investors to better understand t
Slide 4: Strong revenue growth, FY guidance confirmed
VusionGroup Q3 2025 Sales Strong revenue growth, FY guidance confirmed €355m (+59%) €1,005m (+54%) €144m (+115%) Q3 adjusted sales 9M adjusted sales 9M VAS sales €1,764m (+26%) €1.5bn (+50%) FY 2025 adjusted sales Rolling 12 months order entries guidance [1] Adjusted data incorporate IFRS standards
Slide 5: 9M sales growth driven by North America
9M sales growth driven by North America Group adjusted revenue € millions Americas 1,005 In €m and in adjusted1 figures EMEA & Asia-Pacific Total Q3 2025 100.6 254.7 355.3 +54% Q3 2024 98.1 124.8 222.9 654 706 +122% Change (in %) +3% +104% +59% 318 9 months 2025 298.2 706.4 1,004.6 9 months 2024 336
Slide 6: Morrisons partners with VusionGroup to digitize its supermarkets in the UK
Morrisons partners with VusionGroup to digitize its 497 supermarkets in the UK Proprietary and confidential. Do not distribute. 6
Slide 7: Asda selects VusionGroup to digitize express stores
Asda selects VusionGroup to digitize 250 express stores Proprietary and confidential. Do not distribute. 7
Slide 8: Co-op to deploy all its 2,400 stores with VusionGroup
Co-op to deploy all its 2,400 stores with VusionGroup Proprietary and confidential. Do not distribute. 8
Slide 9: Strong growth of our Cloud platform
Strong growth of our Cloud platform 314 Cloud ESLs (in millions) x2.3 • New rollouts natively on the Cloud • Acceleration of the installed base migration 135 • 50% of our installed base now on VusionCloud As of 30/09/2024 As of 30/09/2025 Proprietary and confidential. Do not distribute. 9
Slide 10: Proprietary and confidential. Do not distribute.
Proprietary and confidential. Do not distribute. 10
Slide 11: The Connected & AI native Store
The Connected & AI native Store Omnichannel Local e-Commerce / In-Store Fulfilment Unified pricing across channels High Precision & Data-Driven Real-time inventory visibility Pricing/Picking/Stocking Automation Seamless customer journey Product/Associate/Shopper Locationing Proximity-based work Traf
Slide 12: Q3 '25 Sales
Q3 ’25 Sales
Slide 13: Strong revenue growth, FY guidance confirmed
VusionGroup – Q3 2025 Sales Strong revenue growth, FY guidance confirmed Adjustments on Adjusted In € millions1 IFRS Walmart contract1 revenue1 Q3 2025 347.8 -7.5 355.3 > Revenue of €348m (IFRS), and €355m on an adjusted basis1, Q3 2024 207.1 -15.8 222.9 up +59% vs. Q3 ’24; Change (in %) +56% N/A +5
Slide 14: Strong VAS growth
Strong VAS growth VAS revenue € millions 144 +115% 88 +238% 67 26 56 +37% 41 9M 2024 9M 2025 Recurring Non-Recurring Proprietary and confidential. Do not distribute. 14
Slide 15: Order entries
1,292 Order entries €m End of Q3 1,156 +12% 9-month 2024 9-month 2025 • 9-month order entries at €1,292 (+12%) • Global order entries at €1,764m (+26%) 1,764 on twelve rolling months +26% • This growth is driven by both the United 1,396 States and Europe Rolling 12 months 2024 Rolling 12 months 2025
Slide 16: Outlook
VusionGroup Outlook
Slide 17: 2025 Outlook
2025 Outlook Adj. HY Revenue (€m) ~850 Adj. FY Revenue +47% (€m) ~1,500 649 +50% +51% 1,010 H1 '25 H2 '25e Confirming 2025 full-year guidance: • €1.5 bn in adjusted revenue • Adjusted1 EBITDA margin increase of +200 to 300 bps 2024 2025e Adjusted sales incorporates IFRS standards before adjusting fo
Slide 18: 2026 Financial Calendar
VusionGroup 2026 Financial Calendar
Slide 19: 2026 Financial Calendar
2026 Financial Calendar • February 26, 2026 (after market): FY 2025 Results • April 21, 2026 (after market): Q1 2026 Sales • June 4, 2026: Annual General Shareholders’ Meeting • July 30, 2026 (after market): H1 2026 Results • October 20, 2026 (after market): Q3 2026 Sales Proprietary and confidentia
Slide 20: Note on the IFRS Adjustments related to the Walmart contract
Note on the IFRS Adjustments related to the Walmart contract: Two IFRS restatements related to the new Walmart contract impact the Group financial disclosures: 1. On June 2, 2023, at their Annual General Meeting, the Group’s shareholders approved a grant to Walmart of 1,761,200 of stock warrants on