Slide 1: Q1 2026 Results
Q1 2026 Results Tobias Meyer, Group CEO Melanie Kreis, Group CFO DHL Group Investor Relations Bonn, April 30, 2026
Slide 2: Q1 2026 Highlights
Q1 2026 Highlights Good progress towards financial and strategic targets Q1 2026 Results Navigating volatility Strategy 2030 • Group revenue increase of 2% • Repeated disruptions show • Lean and efficient structures, yoy on organic basis, led by importance and resilience of among others through ongo
Slide 3: Impact of the Middle East conflict over time
Impact of the Middle East conflict over time Securing customers’ trade flows and DHL Group’s financial performance Short-term Medium-term Long-term • Safety of employees • Increased volatility in Ocean • Ensure best possible service and Air Freight markets continuity for our customers by • Express w
Slide 4: Resilient network & experienced team steering required adjustments
Resilient network & experienced team steering required adjustments Proven network flexibility enables us to facilitate global trade also in challenging times AIR NETWORK ROAD NETWORK Hubs in Riyadh and Muscat feeding Gulf Connecting Gulf countries • All our assets (aircraft and Tel Aviv served from
Slide 5: Revenue growth recovering from 2025 US tariffs impact
Revenue growth recovering from 2025 US tariffs impact Global trade growth with very different patterns between US vs non-US trade lanes DHL Group, Organic revenue growth DHL Express, Weight per Day growth (WpD) Revenue growth, yoy, excl. FX and M&A, Q1 2025 – Q1 2026 Time Definite International WpD,
Slide 6: Profitability Accelerators: Fleet Renewal
Profitability Accelerators: Fleet Renewal Express fleet renewal since 2019 contributing to structurally improved profitability Dedicated intercontinental fleet Most fuel-efficient fleet in the industry B747 >50 Serie 2 B777 Driving significant efficiency and cost benefits >35 Further B777 conversion
Slide 7: Growth Accelerators: Continued investment in key target verticals and regions
Growth Accelerators: Continued investment in key target verticals and regions Ensuring maximum leverage of structural GDP+ growth opportunities GEOGRAPHIC FOCUS – Geographic Tailwinds SECTOR FOCUS – e.g. Data Centers Country roadmaps to accelerate GT20 growth: Expansion of data center logistics with
Slide 8: DHL Group Guidance: confirmed
DHL Group Guidance: confirmed FY2026 target, in €bn >6.2 ~3.0 3.0-3.3 Group EBIT FCF excl. Net M&A Gross Capex excl. leases >5.6 >0.9 ~-0.4 ~30% DHL P&P Germany Group Functions Tax Rate • Base assumption: continued muted macro environment Mid-term, in €bn >7 >3 >3 Group EBIT FCF excl. Net M&A, p.a.
Slide 9: Group of strong divisions
Group of strong divisions Q1 2026 Reported Group EBIT up 8.3% yoy to €1,483m - EBIT- DHL DHL DHL DHL Post & Parcel Express Global Forwarding Supply Chain eCommerce Germany €799m (+20.6%) €164m (-18.5%) €276m (+3.1%) €50m (-4.9%) €264m (-5.8%) • TDI Weight/Day -2% yoy; • Volume growth of +4% in AFR •
Slide 10: Express: Smart industrial growth
DHL Express Express: Smart industrial growth Despite slightly lower Shipments/Day, increase in 2019 – 2025 EBIT growth drivers • TDI revenue growth driven by weight & yield Weight/Shipment has driven Weight/Day growth • Protecting Weight Load Factor (WLF) through capacity management alongside active
Slide 11: Global Forwarding
DHL Global Forwarding Global Forwarding Aspiration: Above market growth with EBIT performance DGF Capital Market Briefing, London, 31 March 2026 at least on par with industry average Key enablers: • Turnarounds (Road Freight, US Air Freight), combined with structural growth acceleration through sale
Slide 12: P&L and Cash Flow Statement Summary
P&L and Cash Flow Statement Summary Strong increases in EBIT (+8%) and Free Cash Flow (+65%, excl. net M&A) underline profitable growth P&L Summary* CFS Summary* in €m Q1 2025 Q1 2026 yoy in % in €m Q1 2025 Q1 2026 yoy Revenue 20,809 20,420 (1.9%) EBIT 1,370 1,483 +113 Purchased goods OCF before cha
Slide 13: On track towards 2026 targets
On track towards 2026 Cost & yield focus Accelerate sustainable targets remain key drivers growth Good start into the year Given continued volatility, Strategy 2030 provides clear allows us to confirm financial efficient capacity, cost and priorities for our measures to guidance on all metrics yield
Slide 14: Appendix
Appendix
Slide 15: Supply Chain
DHL Supply Chain Supply Chain 16.4 17.0 17.7 17.8 Revenue 2019- Q1 Performance 2025 13.5 12.5 13.9 in €bn • 6% organic revenue growth, mainly driven by +32% new contracts & growth sectors (Life Sciences & Healthcare and e-commerce) 2019* 2025 • EBIT rose by 3% to €276m, partially offset by 6.5 EBIT
Slide 16: eCommerce
DHL eCommerce eCommerce Organic revenue growth offset by FX and M&A effects Q1 Performance • Q1 2026 yoy revenue decline due to UK Revenue yoy, deconsolidation (Evri deal); organic growth of in €m 5% shows continued structural consumption shift towards online shopping organic • EBIT development refl
Slide 17: P&P Germany
Post & Parcel Germany P&P Germany Unchanged structural volume trends Q1 Performance • Expected structural volume trends: +8% - Mail: stronger than usual decline includes Parcel yoy base effect from elections last year as +6% well as discontinuation of a high-volume leaflet distribution in Dialogue M
Slide 18: Disclaimer
Disclaimer This presentation contains certain statements that are neither reported results nor other historical information. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking state