Slide 1: Q2 2026 Growth Driven by International Expansion and Record Locker Deployments
Q2 2026 Growth Driven by International Expansion and Record Locker Deployments 31 August 2026
Slide 2: Disclaimer
Disclaimer Disclaimer Please read the following before continuing. The following applies to this presentation, any written, oral or video presentation of the information by InPost S.A. a public limited liability company (société anonyme), incorporated and existing under the laws of the Grand Duchy o
Slide 3: Agenda
Agenda Group Key Messages Poland Update International Update Financial Highlights Outlook 3
Slide 4: Group Key Messages
Group Key Messages Group Growth Powered by Eurozone Strength, Tempered by UK Transformation Q2 2026 Group Key Numbers Revenue Split Parcel volumes Revenue International: 54% 380.9m PLN 4.2bn of Group revenue +16% YoY +18% YoY Adjusted EBITDA Capex PLN 1.0bn PLN 504m +4% YoY +7% YoY Poland UK Eurozon
Slide 5: Accelerated Rollout of the #1 APM Network
Group Key Messages Accelerated Rollout of the # APM Network Position #1 APM Network 30 June 2026 LTM #1 UK #1 Poland InPost OOH points 98,206 APMs 68,925 +15.6k Poland 29,912 +3.1k #1 France Eurozone 23,385 +8.0k UK 15,628 +4.5k PUDOs 29,281 (5.5k) Poland 2,750 (1.1k) #2 Italy Eurozone 22,386 (2.7k)
Slide 6: Poland Update
INPOST GROUP Poland Update
Slide 7: Consistent Volume Trends, Led by International and Domestic Merchants
Poland Consistent Volume Trends, Led by International and Domestic Merchants Growth in non-marketplace Parcel volume [m] channels Parcel volume [m] +9.5% +16% 198.0 180.9 To-door volume driven by demand from international marketplaces +1% 146.6 Robust growth from domestic 145.7 merchants, particular
Slide 8: Dense Nationwide Network Backed by Exceptional Consumer Preference
Poland Dense Nationwide Network Backed by Exceptional Consumer Preference Continued APM expansion A Locker Around Every Corner +12% +9% 29,912 90% % population within 7 mins walk from InPost APMs – urban areas #1 APM network in Poland 96% 26,807 66% % population within 7 mins walk from InPost APMs o
Slide 9: InPost Loyal Users Have the Best UX in the Market
Poland InPost Loyal Users Have the Best UX in the Market App Loyalty APM and Loyal APM users programme to-door users users users 17m 26m 21m App rating 4.9/5.0 15m ~100% of Polish e- commerce population More than half of the Polish population uses our APMs NPS for Parcel Lockers #1 NPS index 76 #2 #
Slide 10: International Update
INPOST GROUP International a, Update > H
Slide 11: Strong B2C Growth and Robust APM Adoption
Eurozone Strong B2C Growth and Robust APM Adoption Parcel volume [m] Strategic volume acceleration +30% 101.0 45% 30% YoY B2C volume growth in Q2 2026 30% 30% 77.7 47% APM / OOH flow rate (up from 40% last year) Outpacing e-commerce in 9% every Eurozone market Volume B2C APM total Q2 2025 Q2 2026 Eu
Slide 12: Building a Trusted European Love Brand
Eurozone Building a Trusted European Love Brand Growing APM and mobile app #1 APM network across Eurozone users base Belgium and Netherlands 10m (+82% YoY) +13% Luxembourg France 45,771 40,459 Mondial Relay Mobile app downloads +52% +35% Mondial #2 #3 #4 #5 #6 4.4/5 Relay Rating on Avis Vérifiés Ibe
Slide 13: Focus on B2C and OOH/APM service
UK Focus on B2C and OOH/APM service +29% YoY volumes in Parcel Volume [m] APM & Returns InPost UK transformation on track ✓ In July 2026 Yodel was rebranded to +16% +16% InPost, bringing UK operations under a single brand 81.8 81.8 70.8 8m 70.8 61% share of B2C in volume +27% Mobile app downloads +1
Slide 14: Largest OOH Network in the UK
UK Largest OOH Network in the UK #1 APM Network Footprint Secured Unmatched APM Leader Number of APMs (#) +17% 19,773 15,628 +80 weekly APM >77% 16,962 deployment in Q2 B2C parcels delivered D+1 75% +41% Users in top 3 UK cities within a 7-minute walking >97% distance to InPost B2C parcels delivered
Slide 15: Financial Highlights
‘pb Inpost Group Financial Highlights
Slide 16: Summary of Group Performance
Financial highlights PLN m, unless otherwise stated Q2 2026 Q2 2025 YoY H1 2026 H1 2025 YoY Summary Parcel volumes (million) 380.9 329.4 16% 740.0 601.1 23% Revenue 4,177.6 3,533.4 18.2% 8,040.0 6,485.3 24.0% of Group EBITDA 980.6 910.0 7.8% 1,828.5 1,817.4 0.6% Performance EBITDA margin Adjusted EB
Slide 17: Summary of Segments Results
Financial highlights Summary PLN m unless otherwise specified Q2 2026 Q2 2025 YoY H1 2026 H1 2025 YoY of Segments Parcel volume (m) 380.9 329.4 16% 740.0 601.1 23% Results Poland 198.0 180.9 9% 386.1 355.1 9% Eurozone 101.0 77.7 30% 195.2 151.2 29% UK + Ireland 81.8 70.8 16% 158.7 94.8 67% Segment R
Slide 18: Poland: Strong top-line growth; EBITDA margin dilutes on product mix
Poland Financial highlights Strong top-line growth; EBITDA margin dilutes on product mix and investment in new projects APM volume To-door volume APM To-door Other Parcel volume [m] Revenue [PLN m] +13% +11% +9% +9% 1,908.6 3,712.9 +1% 198.0 0% 386.1 1,694.0 +3% 3,346.1 +2% 180.9 355.1 +46% +48% +50
Slide 19: Eurozone: Strong growth across volume, revenue and EBITDA
Financial highlights Eurozone Strong growth across volume, revenue and EBITDA, with margin resilient despite the to-door mix shift Parcel volume [m] Revenue [PLN m] +30% +29% +38% +33% 101.0 195.2 1,221.0 2,331.4 77.7 151.2 885.2 1,755.9 Q2 2025 Q2 2026 H1 2025 H1 2026 Q2 2025 Q2 2026 H1 2025 H1 202
Slide 20: UK+Ireland: Volume and revenue scale further, EBITDA margin declines
0 Financial highlights UK+Ireland Volume and revenue scale further, EBITDA margin declines through the UK parcel transformation UK Parcel InPost Distribution Parcel volume [m] Revenue [PLN m] PLN GBP +16% +67% +10% +12% +44% +48% 81.8 158.7 1,048.0 1,995.7 70.8 954.2 1,383.3 94.8 743.6 820.7 1,559.1
Slide 21: Adjusted EBITDA to Adjusted Net Profit
Financial highlights Adjusted EBITDA to Adjusted Net Profit H1 2026 H1 2025 Diff. Change Adjusted EBITDA 1,945.5 1,939.7 5.8 0.3% 1 Lower costs reflecting the current Margin % 24.2% 29.9% (570bps) expected LTIP performance and its direct impact on recognised costs Incentive programmes set up by shar
Slide 22: Strong FCF in Poland Reinvested into International Expansion
Financial highlights Strong FCF in Poland Reinvested into International Expansion H1 2025 H1 2026 PLN million PLN million POLAND INTERNATIONAL GROUP 1,939.7 40% 36% PL 1,713.4 PL Adjusted Adjusted EBITDA EBITDA conversion 850.6 conversion 862.8 650.8 251.5 611.3 332.6 728.9 54.2 593.4 62.4 100.5 Gro
Slide 23: Financial discipline with net leverage at 2.5x
Financial highlights Financial discipline with net leverage at 2.5x PLN million, unless otherwise stated 6M 2026 12M 2025 Difference % change (+) Gross debt 10,710.7 10,053.3 657.4 6.5% Borrowings & financial Higher net debt due to 6,851.2 6,255.2 596.0 9.5% 1 instruments at amortised cost negative
Slide 24: Outlook
5D INPost GRouP =~ fe) O J =) O 5D inpost Group
Slide 25: Outlook for FY 2026 (revised)
Outlook for FY 2026 (revised) Revision regarding volume, Adjusted EBITDA growth, capex spend and net leverage Group volume We expect InPost to increase market share and we expect YoY Group volume in the mid teens level, coming from a mix of: i) mid single-digit volume growth in Poland, ii) high 20s
Slide 26: Thank you!
Thank you! Contact for Investors Investor Relations ir@inpost.eu 26
Slide 27: Appendix
BD INPOST GROUP Appendix
Slide 28: Definitions and numerical reconciliations of Alternative Performance Measures (1/2)
Appendix Definitions and numerical reconciliations of Alternative Performance Measures (1/2) PLN m, unless otherwise stated H1 2026 H1 2025 Q2 2026 Net profit/(loss) from continuing Q2 2025 201.1 317.0 93.0 133.3 operations Adjusted facilitates the comparison of the Group’s operating results from pe
Slide 29: Definitions and numerical reconciliations of Alternative Performance Measures (2/2)
Appendix Definitions and numerical reconciliations of Alternative Performance Measures (2/2) Capex is defined as the total of Purchase of property, plant, and equipment and Purchase of intangible assets, presented in the Statement of cash flows. PLN m, unless otherwise stated H1 2026 H1 2025 Q2 2026
Slide 30: Poland delivers strong FCF — Group impacted by international expansion and integration
Financial highlights Poland delivers strong FCF — Group impacted by international expansion and integration Q2 2025 Q2 2026 PLN million PLN million POLAND POLAND INTERNATIONAL GROUP 999.5 57% PL 39% Adjusted 864.0 EBITDA PL conversion Adjusted EBITDA 390.2 conversion 476.9 473.8 231.6 244.7 138.3 33
Slide 31: Adjusted EBITDA to Adjusted Net Profit
Financial highlights Adjusted EBITDA to Adjusted Net Profit Q2 2026 Q2 2025 Diff. Change Adjusted EBITDA 1,043.3 999.5 43.8 4.4% 1 Incentive programmes set up by Margin % 25.0% 28.3% (330bps) shareholders: MIP and Earn-Out Incentive programmes set up by Shareholders (16.1) (16.6) 0.5 (3.0%) (non-cas
Slide 32: Profit and Loss and Other Comprehensive Income Statement
PLN m, unless otherwise specified H1 2026 H1 2025 Q2 2026 Q2 2025 Appendix Revenue 8,040.0 6,485.3 4,177.6 3,533.4 Cost of sales (6,446.0) (4,652.1) (3,392.4) (2,674.8) Profit and Loss Gross profit General & administrative expenses 1,594.0 (893.1) 1,833.2 (815.6) 785.2 (386.7) 858.6 (394.3) and Othe
Slide 33: Cash Flow Statement
PLN m, unless otherwise specified H1 2026 H1 2025 Q2 2026 Q2 2025 Appendix Cash flows from operating activities Net profit 201.1 317.0 93.0 133.3 Cash Flow Adjustments: Income tax expense 1,682.0 215.9 1,595.9 181.0 910.0 116.0 829.2 120.6 Statement Financial cost/(income) 104.3 351.1 100.6 133.8 (G
Slide 34: Balance Sheet Statement
PLN m, unless otherwise specified 30.06.2026 31.12.2025 Goodwill 2,082.9 2,040.1 Appendix Intangible assets Property, plant and equipment 1,835.9 5,426.3 1,760.7 4,888.8 Balance Sheet Right of use assets Long term financial assets Long term investments in associates 3,891.4 101.5 101.4 3,845.6 100.8
Slide 35: InPost Group out-of-home points
Appendix InPost Group out-of-home points Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Out-of-home points 83,172 88,058 89,945 94,536 94,868 98,206 of which APMs 49,808 53,295 56,757 61,196 64,680 68,925 of which Poland 25,949 26,807 27,567 28,165 28,965 29,912 of which France 7,542 8,255 8,948 10
Slide 36: Glossary
Appendix Glossary APM Automated Parcel Machine B2C Business-to-customer C2C Customer-to-customer ETR Effective tax rate Heavy user APM user who received 13–39 APM parcels within the last 12 months KPI Key Performance Indicator L2D Locker-to-door, delivery from an APM to the address Net Leverage Calc