Slide 1: Half Year Results Presentation
FOXTONS GROUP PLC HALF YEAR RESULTS PRESENTATION For the period ended 30 June 2026 30 July 2026
Slide 2: Important information
Important information This presentation includes statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believe”, “estimates”, “plans”, “projects”, “anticipates”, “e
Slide 3: Agenda
AGENDA 01 H1 26 highlights 02 Market update 03 Financial review 04 Operational update 05 Outlook Foxtons Group plc H1 2026 Results Presentation 3
Slide 4: H1 Highlights
01 H1 26 HIGHLIGHTS Guy Gittins, Chief Executive Officer Foxtons Group plc H1 2026 Results Presentation 4
Slide 5: Highlights: Continued execution of strategy against a challenging market backdrop
Highlights Continued execution of strategy against a challenging market backdrop. Long-term strategic focus on growing recurring revenues: 69% of revenue generated from non-cyclical and recurring activities, supporting 1 revenue performance despite weaker sales market and short-term RRA-related vola
Slide 6: Market Update
02 MARKET UPDATE Guy Gittins, Chief Executive Officer Foxtons Group plc H1 2026 Results Presentation 6
Slide 7: Lettings market update: Resilient market despite implementation of RRA
Lettings market update Resilient market despite implementation of RRA. Renters per property and average rental price London lettings market resilient in H1 26. 35 £600 • Supported by robust tenant demand and constrained rental supply. £577 £581 £580 £572 £575 • On average 17 renters per instruction,
Slide 8: Lettings market update: Impact of Renters' Rights Act
Lettings market update Impact of Renters’ Rights Act. Short-term Medium-term Termination levels were uncertain given the lack of precedent. Expect no significant change to tenant behaviour. • £3m impact from tenant-led early terminations. Financial impact most • Already evidence of stabilisation. Te
Slide 9: Sales market update: Challenging H1 sales market
Sales market update Challenging H1 sales market. (1) H1 London exchange volumes 50,000 (13%) London sales market challenging through H1 26. 45,000 vs. PY 40,000 • Weaker consumer confidence driven by higher borrowing costs, domestic Exchange volumes 35,000 political uncertainty and conflict in the M
Slide 10: Financial Review
03 FINANCIAL REVIEW Chris Hough, Chief Financial Officer Foxtons Group plc H1 2026 Results Presentation 10
Slide 11: Overview: Financial highlights
Overview Financial highlights. H1 26 H1 25 Change (£) Change (%) Revenue £83.7m £86.1m (£2.4m) (3%) (1) Adj. EBITDA £10.4m £13.9m (£3.5m) (25%) Robust revenues despite £3m impact of early-tenant Adj. operating profit (2) £8.9m £12.5m (£3.6m) (29%) terminations following the introduction of the RRA o
Slide 12: Overview: Income statement
Overview Income statement. £m H1 26 H1 25 Change £ Change % Revenue 83.7 86.1 (2.4) (3%) Robust revenues despite challenging sales market and short-term impact of RRA: Direct costs (30.5) (30.1) (0.4) (1%) • Revenue decreased 3% to £83.7m, with Lettings revenue flat (after £3m RRA Contribution 53.2
Slide 13: Segmental performance: Lettings
Segmental performance Lettings: revenue growth before impact of early terminations. H1 26 H1 25 Change (%) Financials • Revenue flat: Revenue £54.7m £54.6m - - £1.9m higher like-for-like revenue driven by growth in Build to Rent and cross-sell of ancillary products and services. Contribution £40.9m
Slide 14: Segmental performance: Sales
Segmental performance Sales: performance reflects challenging market backdrop. H1 26 H1 25 Change (%) Financials • Total revenue 13% lower reflecting: Revenue £23.5m £26.9m (13%) - £4.0m or (15%) market-driven like-for-like revenue decline. Contribution £10.2m £12.7m (20%) - £0.6m incremental acquis
Slide 15: Segmental performance: Financial Services
Segmental performance Financial Services: revenue and operating profit growth despite challenging sales market. H1 26 H1 25 Change (%) Financials • 20% revenue growth: Revenue £5.4m £4.5m +20% - 25% increase in volumes driven by stronger refinance pipeline, improved client retention and resilient ne
Slide 16: Cash flow: Net free cash flow supports strategic investment and shareholder returns
Cash flow Net free cash flow supports strategic investment and shareholder returns. Operating cash to net free cash flow bridge Opening to closing net debt H1 26 H1 25 £14.9m Opening net debt (£16.9m) (£12.7m) Net free cash flow £1.4m £3.6m Interest paid (£0.8m) (£0.4m) (£4.5m) Acquisition considera
Slide 17: Operational Update
04 OPERATIONAL UPDATE Guy Gittins, Chief Executive Officer Foxtons Group plc H1 2026 Results Presentation 17
Slide 18: Operational update: Operational progress being delivered across the Group
Operational update Operational progress being delivered across the Group. S T R A T EGI C P R I O R I T Y O P E R A T I ONA L P R O G R ES S H 2 2 6 F O C US ▪ Stable like-for-like revenues before the impact of early terminations. Lettings growth formula: landlord attraction 01 ▪ +17% ancillary prod
Slide 19: Outlook
05 OUTLOOK Guy Gittins, Chief Executive Officer Foxtons Group plc H1 2026 Results Presentation 19
Slide 20: Outlook: Focus on delivering growth strategy
Outlook. Focus on delivering growth strategy. • In Lettings: - Lettings market remains resilient, with tenant demand continuing to outstrip supply across key markets. - Post-RRA tenant-led terminations remain above prior-year levels, but the financial impact has moderated since May. Levels expected
Slide 21: Contact
Contact: www.foxtonsgroup.co.uk investor@foxtonsgroup.co.uk +44 (0) 207 893 6261 Foxtons Group plc H1 2026 Results Presentation 21