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Slide 2: Revenue growth continued and financing strengthened with sharpened strategic focus
Revenue growth continued and financing strengthened with sharpened strategic focus Betolar H1/2026 Half-Year Review Helsinki, August 12, 2026
Slide 3: Disclaimer
Disclaimer Certain statements in this presentation may constitute forward-looking statements. These statements relate to future events or Betolar’s future financial performance that involve known and unknown risks, uncertainties and other factors that may cause Betolar’s or its businesses’ actual re
Slide 4: Agenda
Agenda 1. Meet the New CEO 2. Business Highlights 3. Financial Review 4. Q&A Vibeke Krohn Mikko Wirkkala President & CEO CFO
Slide 5: Meet the new CEO: Vibeke Krohn
Brings deep expertise in building businesses and rapid commercialization Meet the new CEO of technology to meet market and customer needs • +15 years experience from CEO and C-suite roles in tech scale-ups and Vibeke Krohn • multinational corporations, most recently in materials and circular economy
Slide 6: Betolar's business areas
Betolar’s business areas Metal Extraction Critical Infrastructure Circular Technology Protection Materials Extraction of critical and strategic Advanced solutions to enhance Enable decarbonization of metals from industrial side streams resilience and operational continuity construction industry thro
Slide 7: Business Highlights Q2
Strengthen financing and partnership to drive growth in metal extraction • Signed strategic partnership with Scalewolf to expand metal extraction Business technology • Secured exclusive rights to utilize titanium mine tailings from Otanmäki mining area Highlights • Secured EUR 2.1 million as part of
Slide 8: June 2026 funding round resulted in €9m signed
June 2026 funding round resulted in €9m signed Funding type Description Status Senior Debt €3 million Danske Bank term loan Approved, signed Interest linked to 6-month Euribor. The loan matures in 2028 30 June 2026 Guaranteed by the European Investment Fund and by Virala Convertible capital €3 milli
Slide 9: Financial and operational indicators
Financial and operational indicators Financial indicators Q2 / 2026 Q2 / 2025 H1 / 2026 H1 / 2025 2025 Key takeaways (EUR thousand, unless otherwise specified) • Revenue more than doubled Revenue 461 253 902 417 946 year-on-year H1 2025-26, from 417 kEUR to 902 kEUR, Gross margin 447 307 724 and clo
Slide 10: Financial position and outlook
Financial position and outlook Financial position • Cash balance €5.9 million at the end of the period • €2.1 million remaining of EU LIFE grant, €0.5 million Guidance for year remaining of Business Finland’s grant, €0.1 million 2026 (unchanged) remaining related to other grants Revenue for 2026 is
Slide 11: MBE in.
MBE in.
Slide 12: Thank you for your interest
Thank you for your interest Next events October 28, 2026: Q3 Business Review Capital Markets Day (date to be announced) We intend to provide further insight into: • Strategic priorities and focus areas • Commercialization roadmap • Metal Extraction Technology growth opportunities • Critical Infrastr
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