Viaplay Group Ab Class A · OMXSTO:VPLAY_A
Viaplay Group Ab Class A — Q1 2026 Earnings Presentation
18 slides from Viaplay Group Ab Class A's earnings presentation, Apr 23, 2026
Slide 1: Q1 2026 Results Presentation
Q1 2026 Results PRESENTATION
Slide 2: Important notice
Important notice This presentation has been prepared for information purposes only. The presentation is not intended to form the basis of any investment activity or decision. The presentation should not be considered as a recommendation in relation to an investment in Viaplay Group, nor does it cons
Slide 3: Speakers
SPEAKERS Jørgen Lindemann Johan Johansson Matthew Hooper Chief Executive Officer Chief Financial Officer Investor Relations
Slide 4: Q1 Highlights
Q1 Highlights Core operations sales stable on organic basis with 7.9% streaming sales growth Core operations EBITDA (ex ACI and IAC) of SEK 101m (86 pro forma and -175 reported) Positive Group free cashflow of SEK 37m (-671 reported) 4
Slide 5: Reported Sales, EBITDA and Cashflow
Reported Sales, EBITDA and Cashflow Q1 Q2 Q3 Q4 FY Q1 SEKm 2025 2025 2025 2025 2025 2026 Core operations Sales 4,194 4,160 4,014 4,978 17,344 5,278 Core operations EBITDA (excluding ACI & IAC) -175 133 -13 264 210 101 Group Operating Free Cash Flow -671 823 -1,193 -1,284 -2,326 37 Substantial improv
Slide 6: Pro forma Sales and EBITDA
Pro forma Sales and EBITDA Q1 Q2 Q3 Q4 FY Q1 SEKm 2025 2025 2025 2025 2025 2026 Core operations Sales 5,399 5,390 5,191 5,514 21,494 5,278 Core operations EBITDA (excluding ACI & IAC) 86 412 276 370 1,144 101 Pro forma as if Allente Group had been consolidated from 1 January 2025 Ø Organic Core oper
Slide 7: Pro forma Sales performance
Pro forma Sales performance Q1 Q2 Q3 Q4 FY Q1 Q1 YoY (%) SEKm 2025 2025 2025 2025 2025 2026 Organic Core operations Sales Subscription 4,341 4,267 4,214 4,299 17,121 4,299 1.2% -of which, Streaming 2,014 1,984 1,964 2,110 8,071 2,120 7.9% -of which, Non-Streaming 2,327 2,283 2,250 2,189 9,050 2,179
Slide 8: Core operations performance by revenue line
Core operations performance by revenue line Streaming subscriptions Non-streaming subscriptions 7.9% organic sales growth -4.6% organic sales growth 40% of Core net sales 41% of Core net sales Reflected growth in D2C sub base, with D2C and B2B ARPU Reflected ongoing migration of Allente DTH and othe
Slide 9: A unique content offer
A unique content offer Acquired Scripted & Documentaries Non-scripted Sports 9
Slide 10: World class sports rights
World class sports rights UEFA Europa League Ice Internati National & FA Cup UEFA Hockey onal Ultimate Internati Soccer Gjensidig Women’s UEFA Confere & English Europea National World National Handball Fighting onal Ski Matchro Leagues National Frauen e Women's World Premier Champio nce Champio Bund
Slide 11: Q1 Sports highlights and upcoming in Q2
Q1 Sports highlights and upcoming in Q2 Q1 highlights Upcoming in Q2 11
Slide 12: Q1 Film and series highlights and upcoming in Q2
Q1 Film and series highlights and upcoming in Q2 Q1 highlights Upcoming in Q2 12
Slide 13: Financial position
Financial position Net debt Facility maturity profile (incl. amortisation schedule) 6 922 Working capital facility (S EKm) Mar'26 Allente loan (amortised) Allente loan (not yet amortised) 2 500 Working capital facility 2,500 Allente loan 1,516 Bonds and notes Bonds and notes 1,858 RCF RCF 1) 750 781
Slide 14: Allente Integration Synergies
ALLENTE INTEGRATION SYNERGIES Viaplay Group acquired the remaining 50% of the shares of Allente Group in November 2025. The acquisition will give rise to cash cost synergies (specified below) and sales synergies (to be identified during the integration process) once the integration is completed. Non
Slide 15: 2026 Full Year Financial Targets
2026 FULL YEAR FINANCIAL TARGETS The Group’s financial targets for 2026 reflect the acquisition of the remaining 50% of Allente Group in November 2025. EBITDA is used as the key profitability performance indicator for the combined business. The targets were provided in conjunction with the announcem
Slide 16: Long-Term Ambitions
LONG-TERM AMBITIONS Viaplay Group’s long-term financial ambitions were updated in conjunction with the announcement of the Allente acquisition on 17 July 2025. The adjusted operating free cash flow ambition has been removed in line with the 2026 full year guidance Core operations sales On average st
Slide 17: The Nordic region's leading entertainment provider
The Nordic region’s leading entertainment provider Ongoing Completed 1 2 3 Re-focus top-line drivers Improve return on Allente Group integration Organisational content investment restructuring ‒ Value over volume ‒ Integration into Viaplay ‒ Sell/partner/close Baltics, ‒ Focus on commercially Group’
Slide 18: Q&A
Q&A Q1 2026 Results INVESTORS@VIAPLAYGROUP.COM 18