4ig Nyrt. · BET:4IG
4ig Nyrt — H1 2025 Earnings Presentation
34 slides from 4ig Nyrt's earnings presentation, Aug 29, 2025
Slide 1: Forward Looking Statements and Data Processing
FORWARD LOOKING STATEMENTS THIS INFORMATION SHEET WAS PREPARED BY 4IG NYRT. (HEADQUARTERS: BUDAPEST 1013, KRISZTINA KÖRÚT 39.). THIS INVESTOR PRESENTATION CONTAINS FORWARD-LOOKING STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS ABOUT OUR BELIEFS AND EXPECTATIONS, ARE FORWA
Slide 2: Investor Presentation: Q2 and H1 2025 Results
INVESTOR PRESENTATION Q2 AND H1 2025 RESULTS 29 AUGUST 2025 BUDAPEST
Slide 3: Speakers
SPEAKERS Péter Fekete Barna Gáspár Group CEO Group Head of Investor Relations and Capital Markets 3
Slide 4: Earnings Call Agenda
EARNINGS CALL AGENDA 1 EXECUTIVE SUMMARY 2 INTRODUCTION – MACROECONOMICS AND MARKET 3 KEY EVENTS AND NEWS IN Q2 2025, M&A 4 SHARE PERFORMANCE 5 FINANCIAL PERFORMANCE (Q2, H1) 6 SEGMENTS, GEOGRAPHIES (DEEP DIVE) 7 AMBITIONS 8 CREDIT RATINGS, ESG 9 Q&A 4
Slide 5: Executive Summary
EXECUTIVE SUMMARY H1 2025 results are above plan despite no inflation price adjustment in Hungary: Net sales revenues increased by 8.8% to HUF 350.8 billion, while reported EBITDA increased by 11.1% to HUF 122.6 1 billion and on a normalised basis EBITDA rose by 19% YoY to HUF 131.2 billion. Stable
Slide 6: Introduction, Macroeconomics, Market Share
INTRODUCTION MACRECONOMICS MARKET SHARE
Slide 7: Macroeconomic Environment
MACROECONOMIC ENVIRONMENT STATISTICS OF HUNGARY INTEREST RATES • MNB base rate (HUF): 6.5% (unchanged since 25 September 2024) • ECB base rate (EUR) : 2.15% (decreasing trend, effective 11 June 2025) • Low-interest rate swap cost, favourable to continue hedging • Growth funding remains expensive FX
Slide 8: Leading Market Positions in Core Geographies
LEADING MARKET POSITIONS IN CORE GEOGRAPHIES Headquarters (Budapest) Market positions Hungary 1 ICT 1 Broadcast 2 Telco Montenegro 1 Telco(1) Albania 1 Telco Israel Presence in Israel through Spacecom (Space & Satellite) Source: Company information, based on Q1 2025 figures (1) Montengro: Revenue ba
Slide 9: Key Events Since the Last Earnings Call
KEY EVENTS SINCE THE LAST EARNINGS CALL
Slide 10: Key Domestic Events: Update Since the Q1 Earnings Call
KEY DOMESTIC EVENTS: UPDATE SINCE THE Q1 EARNINGS CALL 11th June 27th June 4iG SDT and N7 Holding have entered into a non- The IT segment of the Transformation programme binding Term Sheet, according to which 4iG SDT reached its next significant milestone with the fact may acquire a 75% + 1 vote maj
Slide 11: Key Foreign Events: Update Since the Q1 Earnings Call
KEY FOREIGN EVENTS: UPDATE SINCE THE Q1 EARNINGS CALL 17th July 22nd July 4iG SDT and EDGE Group PJSC signed 4iG and Israel Aerospace Industries Ltd., signed a binding MoU three non-binding MOUs to provide a to settle SpaceCom’s full bond debt service and jointly have supplementary framework to furt
Slide 12: Share Performance
SHARE PERFORMANCE
Slide 13: Shareholder Information of 4iG Plc.
SHAREHOLDER INFORMATION OF 4iG PLC. KEY SHAREHOLDERS OF 4IG PLC. SHARE PRICE PERFORMANCE AS OF 30 JUNE 2025 (HUF) 2,500 2,000 52.76% 25.12% *KZF Vagyonkezelő Zrt. *iG COM Magántőkealap 1,500 *iG TECH Invest Kft. Bartolomeu ICT Kft. 1,000 5.72% 1.79% Treasury Shares 500 13.27% 1.34% Employee Stock Op
Slide 14: Financial Performance
FINANCIAL PERFORMANCE
Slide 15: Group Financials: Q2 2025
GROUP FINANCIALS: Q2 2025 4iG Group Non Realised FX Normalised Non Realised Normalised Q2 Q2 2024 PPA1 One off2 Q2 2025 PPA1 One off2 % change (HUF Mn) difference3 Q2 2024 FX difference3 2025 Net Revenues 167,849 - - - 167,849 179,367 - - - 179,367 6.9% Other operating income -5,562 - - - -5,562 453
Slide 16: Group Financials: H1 2025
GROUP FINANCIALS: H1 2025 4iG Group Non Realised FX Normalised Non Realised Normalised H1 H1 2024 PPA1 One off2 H1 2025 PPA1 One off2 % change (HUF Mn) difference3 H1 2024 FX difference3 2025 Net Revenues 322,481 - - - 322,481 350,827 - - - 350,827 8.8% Other operating income 2,107 - - - 2,107 1,492
Slide 17: 4iG Segment Revenue Growth Journey
4iG SEGMENT REVENUE GROWTH JOURNEY 390 000 370 000 14 683 6 275 469 350 827 350 000 -13 219 20 137 330 000 322 481 310 000 290 000 270 000 250 000 2024 YTD H1 Telco Segment IT Segment SDT Segment Holding Eliminations 2025 YTD H1 Data in HUF million 17
Slide 18: 4iG Profitability Growth EBITDA Bridge
4iG PROFITABILITY GROWTH EBITDA BRIDGE 140 000 24 848 130 000 -6 754 122 551 -5 758 120 000 7 020 110 336 789 111 125 110 000 -6 633 -1 297 100 000 90 000 80 000 70 000 FX impact Elimination of windfall tax Inorganic - New projects Personnel expenses Act 2025 Jun Reported 2024 H1 Restated 2024 H1 On
Slide 19: Segments, Geographies, Deep Dive
SEGMENTS GEOGRAPHIES DEEP DIVE
Slide 20: 4iG Space & Defence
4iG SPACE & DEFENCE • NATO budget and its member states budget for defence is dramatically increasing MARKET • Demand for drone and satellite-based solutions is increasing across both government and industrial sectors • 4iG Space&Defence signed a non-binding Term Sheet with N7 Holding, a state-owned
Slide 21: 4iG Hungary Telecommunication
4iG HUNGARY TELECOMMUNICATION COMCO HUNGARY INFRACO HUNGARY • Strategic negotiations are under way with • Cross-sell campaigns for FTTH began in June main competitors to expand wholesale for a limited target group activities MARKET • 6k new FTTH HP deployed in June, material MARKET • Network develop
Slide 22: 4iG Western Balkans Telecommunication
4iG WESTERN BALKANS TELECOMMUNICATION ALBANIA MONTENEGRO • Won the prestigious UMLAUT BEST IN TEST • One has the fastest download speed based on award for the best mobile network in Omnitele benchmark (June 2025) Montenegro for the second time in a row MARKET • Improvement in all customer segments,
Slide 23: 4iG Telecommunication Regional Market Shares
4iG TELECOMUNICATION REGIONAL MARKET SHARES Mobile Market As of 2024, subscriber based on latest information published in May 2025 Other 24% 29% 34% 44% 49% 51% 27% 42% Overall Fixed Broadband PAY-TV As of 2024, subscriber based As of 2024, subscriber based Other Other Other 9% 16% 23% 48% 42% 49% 4
Slide 24: 4iG Information Technology and System Integration
4iG INFORMATION TECHNOLOGY AND SYSTEM INTEGRATION • Western Balkan region, defence industry • Explore cross segment synergies MARKET • Unfavourable circumstances persist with low GDP growth, late EU funds, and low investment appetite due to moderate interest rates • Stable income and profit generati
Slide 25: Breakdown by Segments: Q2 2025
BREAKDOWN BY SEGMENTS: Q2 2025 Net Revenue Split (HUF Mn) S egment Q2 2024 (a ctua l) 1 Q2 2025 (a ctua l) % cha nge Net Revenue Split4 (% of total) Q2 2024 Q2 2025 IT 25,047 25,6 47 2% (actual)1 (actual) 1% 14% 1% 14% Telco 149 ,9 46 156 ,86 3 5% S pa ce & Defence 1,9 54 2,201 13% Holding 2 2,277 1
Slide 26: Breakdown by Segments: H1 2025
BREAKDOWN BY SEGMENTS: H1 2025 Net Revenue Split (HUF Mn) S egment H1 2024 (a ctua l) 1 H1 2025 (a ctua l) % cha nge Net Revenue Split4 (% of total) H1 2024 H1 2025 IT 40 157 46 432 16 % (actual)1 1% 12% (actual) 1% 13% Telco 289 86 9 310 006 7% S pa ce & Defence 3 833 4 302 12% Holding 2 3 731 18 4
Slide 27: H1 2025 Financial Debt and Capitalisation
H1 2025 FINANCIAL DEBT AND CAPITALISATION FINANCIAL METRICS 30 June 2025 31 March 2025 31 December 2024 HUF Mn Credits & loans & bonds 756 527 761 298 768 646 (long-term) Other long-term liabilities 17 974 13 162 4 471 Increasing Financial lease liabilities shareholder 139 539 142 592 130 015 (long-
Slide 28: 2025 Guidance
2025 GUIDANCE • 2025 outlook remains positive, underpinned by progress on multi-country Outlook integration and growing demand for digital connectivity and defence technologies. • Revenue growth is expected to be above 10%, primarily driven by telecommunications Revenue (organic and inorganic) and p
Slide 29: Credit Ratings, ESG
CREDIT RATINGS ESG
Slide 30: Stable Third-Party Credit Rating BB-/Stable
STABLE THIRD-PARTY CREDIT RATING BB-/Stable Issuer rating BB- Outlook Stable Long-term senior BB- unsecured debt rating Last review May 2025, affirmation Last change December 2024 Outlook revised to Stable https://scoperatings.com/ratings-and-research/rating/EN/178811 30
Slide 31: Key ESG Factors and Undertakings
KEY ESG FACTORS AND UNDERTAKINGS THE 4iG GROUP LATEST RESULTS IN THE ESG FIELD ENVIRONMENT SOCIAL GOVERNANCE • 4iG Group Green House Gas emissions • The 4iG Group received the Gold Level • The 4iG Group has 20 „Responsible Employer” certification Subsidiaries/Affiliates where •Total GHG emissions Sc
Slide 32: Q&A, Investor Newsletter
Q&A INVESTOR NEWSLETTER COMING SOON 4IG.HU/FOR-INVESTORS IR@4IG.HU
Slide 33: Investor Relations
e 2 gi@ nyrt. | 1013 Budapest, = INVESTOR RELATIONS, A aysvadich I ae.
Slide 34: Disclaimer
DISCLAIMER WE CAUTION YOU THAT A NUMBER OF IMPORTANT FACTORS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN ANY FORWARD-LOOKING STATEMENT. IN ADDITION TO FIGURES PREPARED IN ACCORDANCE WITH IFRS, 4IG ALSO PRESENTS OTHER FINANCIAL PERFORMANCE MEASURES, INCLUDING, AMONG OTHERS