Slide 1: RomReal Limited Investor presentation Q4 2025 results
RomReal Limited Investor presentation Fourth Quarter (Q4) 2025 results Kjetil Gronskag 27 February 2026 This Presentation of the Q4 2025 results of RomReal Ltd (the “Company”) has been prepared for discussion purposes only and should be read in conjunction with the Q4 2025 Report which is filed on E
Slide 2: Contents
Contents Q4 2025 highlights 3-4 NAV movement in Q4 2025 5 Financial highlights 4Q.25 – IFRS 6 RomReal Properties per 4Q 2025 7 Operational highlights 8 Romania Macro Developments 9 Apartment Price Development 10 RomReal shareholders 11 Outlook 12 Contact details 13 RomReal Limited – Fourth quarter 2
Slide 3: Q4 2025 results – Highlights
Q4 2025 results – Highlights Net Asset Value (NAV) • Net Asset value was EUR 0.39 (NOK 4.65, before any tax) per share, up 7.5% from Q3 2025. EUR/NOK was 11.82 end of Q4 2025 versus 11.74 by the end of 3Q 2025. Operational highlights • During 4Q 2025 the company sold two plots on Oasis. • During 4Q
Slide 4: Q4 2025 results – Highlights
Q4 2025 results – Highlights Financial Results • Net Result for the quarter was a gain of EUR 1,139,000, compared to a loss of EUR 1,540,000 in 4Q 2024. Net change in cash flow for the quarter was a positive EUR 345,000 compared to negative of EUR 260,000 in the same period last year. This was mainl
Slide 5: NAV movement in Q4 2025
NAV movement in Q4 2025 Asset base Q4 2025 Q3 2025 EUR ’000 EUR/ share NOK/share EUR ’000 EUR/ share NOK/share Investment 2,377 0.06 0.70 2,607 0.06 0.76 property Assets held for 0 0.00 0.00 0 0.00 0.00 sale Inventories 8,062 0.20 2.36 6,515 0.16 1.90 Cash 5,987 0.15 1.75 5,642 0.14 1.64 Other (566)
Slide 6: Financial highlights 4Q.25- IFRS
Financial highlights 4Q.25- IFRS EUR '000 Q4 2025 Q4 2024 Operating Revenue 438 281 Operating Expenses (1,639) 1,492 Other operating income/ (expense), net (681) (408) Net financial income/(cost) 29 63 Pre-tax result 1,425 (1,556) Result for the period 1,139 (1,540) Total assets 16,787 15,216 Total
Slide 7: RomReal Properties Q4 2025
RomReal Properties Q4 2025 Plot name Location Size (m2) 1 Ovidiu (Oasis) Constanta North/Ovidiu 20,407 2 Centrepoint Constanta North/Ovidiu 110,116 3 Ovidiu Residence 3 Constanta North/Ovidiu 7,100 4 Balada Market Central Constanta 7,188 Total 144,811 RomReal Limited – Fourth quarter 2025 7
Slide 8: Operational highlights
Operational highlights Lakeside (No.1 on the table) –The final transfer of the agreed land (promenade area), about 700m2 took place at the end of 2025 and therefore the Lake Side project is closed, and no more property is available for sale. There is a minor on-going dispute with the Road Administra
Slide 9: Romanian Macro development
Romanian Macro development • The National Bank of Romania policymakers decided to keep the key rate at 6.50% on 17 February. The NBR’s decision took into account inflationary pressures, political risk and the ongoing fiscal policy uncertainty. • Romania’s GDP contracted by 1.9 percent in 4Q 25 (quar
Slide 10: Apartment Price Development (End December 25)
Apartment Price Development (End December 25) • Asking prices for apartments and houses in Romania increased in the Fourth quarter of 2025 compared to Third quarter of 2025 (EUR 1,909/m2) to EUR 1,965/m2 at the end of 4Q 2025 and EUR 1,974/m2 at the end of January 2026. • In Constanta, average price
Slide 11: RomReal shareholders as at 20/02/2026
RomReal shareholders as at 20/02/2026 Ownershi Rank Name Holding p • This is the Top 20 Shareholder list as per 1 SIX SIS AG 10,335,747 24.98% 20 Feb 2026. 2 GRØNSKAG, KJETIL 6,023,006 14.56% 3 THORKILDSEN, WENCHE 5,392,985 13.04% • The total issued 4 SAGA EIENDOM AS 3,386,636 8.19% number of shares
Slide 12: Outlook
Outlook • The Board believe the CPI has peaked, and we will gradually start to see reduced inflation during 2026. On 18 February 2018, the Romanian Central bank adjusted their 2026 and 2027 CPI prognosis to 3.9 percent and 2.7 percent, respectively. This should gradually result in increased activity
Slide 13: Thank you
Thank you Investor Relations Kjetil Gronskag +40 731123037 | investors@romreal.com 22 Queen Street, Hamilton HM11, Bermuda For further information on RomReal, including presentation material relating to this interim report and financial information, please visit www.romreal.com DISCLAIMER The inform