Slide 1: H1 2026 Results
H1 2026 RESULTS JULY 23rd, 2026 www.vidrala.com
Slide 2: Disclaimer
DISCLAIMER This presentation includes or may include representations or estimations concerning the future about intentions, expectations or forecasts of VIDRALA or its management, which may refer to the evolution of its business performance and its results. These forward-looking statements refer to
Slide 3: Vidrala, in brief
VIDRALA, IN BRIEF Sites Production Filling 12 10.0bn 400m Customers Recycled glass CO2 emissions >1,600 55% 0.321 SUPPLIER OF CHOICE FOR THE GLASS PACKAGING INDUSTRY 3
Slide 4: The new Vidrala Group
THE NEW VIDRALA GROUP SALES AND EBITDA BREAKDOWN BY REGION H1 2026, as a percentage of the total Group SALES EBITDA South America South America 19% 23% 48% Europe 50% Europe 33% 26% UK & Ireland UK & Ireland A STREAMLINED ORGANISATION WITH A FOCUSED GEOGRAPHIC FOOTPRINT 4
Slide 5: H1 2026 Key Figures
H1 2026 KEY FIGURES SALES EBITDA 754.0 225.5 EUR million EUR million -3.8% YoY organic +1.5% YoY organic EARNINGS NET DEBT 3.36 252.3 EUR per share EUR million +9.9% YoY 0.6x leverage ratio 5
Slide 6: Sales
SALES YEAR OVER YEAR CHANGE EUR million 900,0 800,0 +4.9% 786.7 -3.8% -0.4% 700,0 750.1 754.0 600,0 -4.2% 500,0 YoY 400,0 300,0 200,0 100,0 0,0 H1 2025 Scope H1 2025 Organic FX H1 2026 change proforma change effect Scope change reflects the proforma contribution of Chile in 2025. 6
Slide 7: EBITDA
EBITDA YEAR OVER YEAR CHANGE EUR million 250,0 +2.7% +1.5% +0.1% 222.0 225.5 200,0 216.1 +1.6% YoY 150,0 100,0 50,0 0,0 H1 2025 Scope H1 2025 Organic FX H1 2026 change proforma change effect Scope change reflects the proforma contribution of Chile in 2025. 7
Slide 8: Operating Margin
OPERATING MARGIN YEAR OVER YEAR CHANGE As percentage of sales 35,0% +28.8% +29.9% 30,0% 25,0% +110 bps 20,0% 15,0% 10,0% 5,0% 0,0% H1 2025 H1 2026 reported reported 8
Slide 9: Quarterly Performance
QUARTERLY PERFORMANCE SALES AND EBITDA Year over year change SALES EBITDA Improving quarterly trends, 2025 2026 2025 2026 driven by the recovery in Southern Europe and Margin sustained momentum in Volume 31.5% Volume -0.6% South America -2.9% Margin 396 -2.4% 28.3% +5.9% 391 115 Robust margins acros
Slide 10: Main Figures, by Business Unit
MAIN FIGURES, BY BUSINESS UNIT NEW PERIMETER, INCLUDING THE CONTRIBUTION OF CHILE IN 2025 EUR million SALES EBITDA Europe UK & Ireland South America Europe UK & Ireland South America 123 42 53 141 281 63 59 250 383 364 117 114 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 average exchange rates: EUR/GBP 0
Slide 11: Net Debt
NET DEBT YEAR OVER YEAR EVOLUTION, SINCE 2022 EUR million and times EBITDA 500 4,0x 433 400 3,0x 300 284 252 2,0x 215 215 Acquisition of 200 Vidrala Chile 1,0x 100 1.0x 0.9x 0.8x 0.5x 0.6x 0 0,0x Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 11
Slide 12: Shareholder Remuneration
SHAREHOLDER REMUNERATION DIVIDENDS AND SHARE BUYBACKS EUR million Cash dividend & AGM attendace bonus Share buyback 2026 Remuneration 250 Cash dividends 200 * €62 million +15% YoY, considering the effect of the 150 bonus share issue completed in November 2025 100 Share buyback programme €90 million
Slide 13: FY 2026 Outlook, Reiterated
FY 2026 OUTLOOK, REITERATED EBITDA EUR >450 million Consolidating operating profits and margins, supported by internal actions, despite challenging macro conditions and intense competition Resilient outlook1 Earnings Per Share (EPS) in a >5% growth challenging Delivering earnings growth underpinned
Slide 14: Closing Remarks
CLOSING REMARKS STRATEGIC HIGHLIGHTS Q2 results delivered solid growth, driven by the recovery in European sales and the continued 01 strong performance in South America Margins remained resilient across all divisions despite macro conditions, supported by our cost-control 02 initiatives and efforts
Slide 15: Vidrala
V vidrala