Slide 1: Q4 and 2025 Financial Results
Q4 and 2025 Financial Results Daniel Harari, Chairman and Chief Executive Officer Maximilien Abadie, Deputy CEO Olivier du Chesnay, Chief Financial Officer .
Slide 2: Q4 and 2025 results agenda
Q4 and 2025 results ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results 2
Slide 3: Key highlights and evolution of Lectra's markets
Key highlights and evolution of Lectra’s markets Persistent economic and Limited decrease of revenues Another year of strong free cash- geopolitical uncertainty, with trade thanks to the recurring revenues flow generation and negative tensions and tariffs used as and the transformation toward workin
Slide 4: Fashion: a resilient industry in 2025, cautious sentiment for 2026
Key highlights and evolution of Lectra’s markets Fashion: a resilient industry in 2025, but cautious sentiment persists for 2026 2025 2026 Outlook US apparel* imports as of November 2025 Source: OTEXA, in million dozen units Cautious sentiment amid soft demand and rising cost 400 11 M 2024 pressures
Slide 5: Automotive: 2025 growth driven by China, 2026 headwinds
Key highlights and evolution of Lectra’s markets Automotive: 2025 growth driven by China, 2026 faces headwinds 2025 2026 Outlook Worldwide production of light vehicles Source: S&P Global, in millions of units Cooling demand and policy shifts pressure global Global: +3% Global: -1% production China:
Slide 6: Furniture: solid 2025 performance but Q4 pressure
Key highlights and evolution of Lectra’s markets Furniture: solid 2025 performance but Q4 pressure heightens 2026 risks 2025 2026 Outlook World upholstered furniture consumption Source: CSIL, as of July 2025, in billions of US dollars Caution ahead in 2026 +1.6% ▪ Flat to low-growth environment expe
Slide 7: Format of graph presentation
Q4 and 2025 results ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Format of graph presentation Variation is comparing 2025 @ 2024 rates with 2024 -Z% • Det
Slide 8: ARR growth of 14% after a strong Q4
Non- Recurring Group P&L Q4 and 2025 results activity recurring activity ARR growth of 14% after a strong Q4 Annual Recurring Revenues (ARR) of subscriptions In millions of euros, at actual rates 31/12/2025 +€12.1m ARR growth landed at 14% for the year, at a +14% higher level than the run rate obser
Slide 9: Constant growth of recurring contracts
Non- Recurring Group P&L Q4 and 2025 results activity recurring activity Constant growth of recurring contracts No change of pattern in the consumables and parts activity in Q4 Recurring revenues +1% +2% In millions of euros Recurring contracts 382.4 Consumables and parts 380.1 +5% +5% 97.1 -4% -4%
Slide 10: Stable orders of new systems in value
Non- Recurring recurring Group P&L Q4 and 2025 results activity activity Stable orders of new systems in value during the last three quarters New systems orders* New orders of perpetual software licenses, equipment, training and consulting In millions of euros -27% -17% 147.2 119.0 39.0 37.4 27.6 27
Slide 11: Sharp decrease in Asia-Pacific in Q4, Americas and Europe stable
Non- Recurring Group P&L Q4 and 2025 results activity recurring activity Sharp decrease in Asia-Pacific in Q4, while Americas and Europe are stable New orders of perpetual software licenses, equipment, training and consulting In millions of euros ASIA-PACIFIC EUROPE -55% -26% AMERICAS -4% -6% 62.8 s
Slide 12: Automotive orders particularly weak in Q4
Non- Recurring Group P&L Q4 and 2025 results activity recurring activity Automotive orders particularly weak in Q4 Fashion and Furniture orders trends in Q4 in line with the rest of the year New systems orders New orders of perpetual software licenses, equipment, training and consulting In millions
Slide 13: Non-recurring revenues decreased 12%
Non- Recurring Group P&L Q4 and 2025 results activity recurring activity Non-recurring revenues decreased 12% New systems orders Non-recurring revenues New orders of perpetual software licenses, equipment, training and consulting In millions of euros In millions of euros -27% -17% -12% -12% 147.2 14
Slide 14: Increase in gross margin rates, strict control of overhead costs
Non- Recurring recurring Group P&L Q4 and 2025 results activity activity Increase in gross margin rates, strict control of overhead costs In millions of euros Fixed Total revenues Gross margin Overhead costs* (Fixed and variable) Variable -2% -2% +2% +2% 330.4 331.1 529.2 506.7 379.3 369.3 23.8 24.4
Slide 15: EBITDA before non-recurring items of nearly €80m
Non- Recurring recurring Group P&L Q4 and 2025 results activity activity EBITDA before non-recurring items of nearly €80m In millions of euros EBITDA Income from operations Net income* before non-recurring items before non-recurring items -8% -8% -14% -14% -13% -14% 91.4 29.5 22.6 79.7 11.9 48.8 25.
Slide 16: Evolution of EBITDA before non-recurring items 2024-2025
Non- Recurring recurring Group P&L Q4 and 2025 results activity activity Recurring contracts growth partially offsets the negative impact of the decline in equipment and the increase in fixed costs Evolution of EBITDA before non-recurring items 2024-2025 In millions of euros 91.1 0.3 91.4 11.3 0.7 8
Slide 17: Conversion of 2025 results using January 1st, 2026 exchange rate
Q4 and 2025 results Conversion of 2025 results using January 1st, 2026 exchange rate In millions of euros Revenue EBITDA before non-recurring items -9.4 -4.5 €/$ Parity evolution 1.17 506.7 497.3 1.13 79.7 75.2 2025 Actual Jan 1, 2026 15.7% 15.1% Average rate Exchange rate 2025 2025 actual converted
Slide 18: Agenda
Q4 and 2025 results ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results 18
Slide 19: Balance sheet December 2025
Balance sheet December 2025 Limited financial debt Debt In millions of euros During 2025, the Group cashed out: 102.5 • €20.5m for the second tranche of Launchmetrics' 20.6 capital, €1.7m for the acquisition of Glengo (Turkey) in 86.4 81.9 21.3 the first half, and €3.3m for the acquisition of Neteve
Slide 20: 2025 Free cash-flow
2025 Free cash-flow Another year of strong cash-flow generation and negative working capital In millions of euros Free cash-flow before non-recurring items The working capital requirement on December 31, 71.2 72.1 stands at €57.0m (€72.1m in 2024). Despite 2025, is negative €39.7m, which remains one
Slide 21: Evolution of the share price
Evolution of the share price Evolution from January 1, 2025 to December 31, 2025 In euros, closing price UPDATE ON FEBRUARY 10, 2026 Lectra (closing rate) Indice Tech Leaders (basis : 1st of January 2025) Indice CAC Mid&Small (basis : 1st of January 2025) 40 ◼ Share price: €23.10 ◼ Market cap.: €879
Slide 22: Agenda
Q4 and 2025 results ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results 22
Slide 23: A clear VISION
A clear VISION towards 2030 We are here “Big things happen when we connect” AI/GenAI IoT Cloud Big Data Launch of the Lectra 4.0 strategy Lectra - Q4 and 2025 Financial Results 23
Slide 24: Lectra 4.0 strategy
The Lectra accelerates the transformation and success of its customers in the fashion, automotive and Lectra 4.0 furniture industries in a world in perpetual motion thanks to the key technologies of Industry 4.0. strategy Lectra - Q4 and 2025 Financial Results 24
Slide 25: A world of structural shifts: challenges creating opportunity
A world of structural shifts: challenges creating opportunity Deep changes reshaping how industrial value chains operate accelerating demand for connected, automated and data-driven operations Industry 4.0 technologies Artificial intelligence is emerging as Global uncertainty is the new norm: a majo
Slide 26: Specific challenges per market sector
Specific challenges per market sector Growing need for agile, resilient and efficient operations across fashion, automotive and furniture value chains Fashion Automotive Furniture MAIN CHALLENGES Unpredictable demand, constantly- Rise of electric vehicles disrupting Digitalizing processes that today
Slide 27: A unique and revolutionary offer for Manufacturing in the era of Industry 4.0
A unique and revolutionary offer for Manufacturing in the era of Industry 4.0, supported by Valia Manufacture AI/GenAI IoT Cloud Big Data Lectra - Q4 and 2025 Financial Results 27
Slide 28: An extended, fashion-dedicated offer connecting all actors
. An extended, fashion-dedicated offer connecting all actors, processes and data for greater speed and agility GERBER PARAG ON ION SH G FA ER GA BE ▪ VIR A unique SaaS portfolio combining R s ATR ces Fa Kubix Link, Launchmetrics, Neteven, TOR FA ION sh IA MANUFACTURE suc ion SH er Retviews, TextileG
Slide 29: Lectra today: a solid, global, resilient leader
Lectra today: a solid, global, resilient leader ready for the next chapter Presence in +100 countries & prestigious customer base Virtuous business model and strong financial position Customer Success at core: +800 people dedicated accompany customers on a daily basis €0m vs €97.2m of ARR December 3
Slide 30: Agenda
Q4 and 2025 results ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results 30
Slide 31: Lectra 4.0 – Full scale impact
2026-2028 Lectra 4.0 – Full scale impact 2023-2025 2020-2022 Industry 4.0 is no longer a vision, it has become a reality 2017-2019 AI/GenAI IoT Cloud Big Data Launch of the Lectra 4.0 strategy Lectra - Q4 and 2025 Financial Results 31
Slide 32: Three clear priorities driving Lectra's next chapter
Three clear priorities driving Lectra’s next chapter 1 Position Valia at the forefront of the Manufacture offer 2 Scale the SaaS business 3 Boost operational excellence to accelerate growth Lectra - Q4 and 2025 Financial Results 32
Slide 33: Manufacturing revolution, powered by Valia
Manufacturing revolution, 1 2 3 powered by Valia Strong upsell and upgrade opportunity Valia can immediately 9,000+ Lectra connected equipment Natural upgrade path for 700+ optimize the performance of Digital Cutting Platform, Flex 5,000+ Lectra older generation and Quick customers cutting rooms whi
Slide 34: How industry leaders revolutionize manufacturing with Lectra
How industry leaders 1 2 3 revolutionize manufacturing with Lectra “Lectra is #1 in the industry. They’re the best and truly committed to my business — delivering solutions tailored to my needs and solving my “Today, around 90% of our equipment comes from Lectra. They problems." have been relentless
Slide 35: Scale the SaaS business for predictable, recurring growth
Scale the SaaS business 1 2 3 for predictable, recurring growth ▪ Driving SaaS adoption across the customer base ▪ Strengthening the Go-to-Market model to maximize efficiency, growth, and customer retention ▪ Leveraging cross-solution data to enhance customer value ▪ Building an integrated, connecte
Slide 36: Proven impact with Lectra's SaaS
Proven impact with Lectra’s SaaS: 1 2 3 trusted by industry leaders “By partnering with TextileGenesis, we can “Launchmetrics is everything that I look for in a transparently communicate the journey of our PR solution... It helps me reach my objectives products from fiber to retail, building consume
Slide 37: Driving efficiency through standardization and simplification
Driving efficiency 1 2 3 through standardization and simplification ▪ Harmonizing processes and applying common standards throughout the Group, Lectra builds on a strong incl. recent acquisitions, to guarantee consistency, efficiency and synergies foundation of operational Standardization excellence
Slide 38: Boosting productivity through innovation and automation
Boosting productivity 1 2 3 through innovation and automation ▪ Maintaining high-level R&D investments (~12% of annual revenues) ▪ Increasing the integration of AI and big data in solutions and continuing the regular R&D renewal of equipment generations INVESTING IN ENHANCED INNOVATION, SYSTEMS AND
Slide 39: By 2028, Lectra will fully deploy its digital and connected model
By 2028, Lectra will fully deploy its digital and connected model to bring greater value to customers 2026-2028 PRIORITIES 1 Position Valia at the forefront of the Manufacture offer 2 Scale the SaaS business 3 Boost operational excellence to accelerate growth Lectra - Q4 and 2025 Financial Results 3
Slide 40: Agenda
Q4 and 2025 results ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results 40
Slide 41: 2026-2028 Financial objectives
2026-2028 Financial objectives 15% ARR yearly growth, contributing to 5% to 8% yearly growth of EBITDA margin: +120 to 180bps/year* Targeted acquisition strategy recurring contract revenues Attractive dividend policy Security Ratio: +2-3 points/year 50% payout ratio Continued (>100% in 2028) cost op
Slide 42: The Lectra Brand
LeCTRA We pioneer. You lead SOFTWARE | EQUIPMENT | DATA | SERVICES 42