Slide 1: 2Q26 Earnings Presentation
© Dassault Systèmes | Confidential Information | 2026 Pascal Daloz DASSAULT SYSTÈMES CEO & Chairman 2Q26 Earnings Presentation July 23rd 2026 Rouven Bergmann CFO
Slide 2: Forward-Looking Information
FORWARD-LOOKING INFORMATION Statements herein that are not historical facts but express expectations or objectives for the future, including but not limited to statements regarding the Group’s non-IFRS financial performance objectives are forward-looking statements. Such forward- looking statements
Slide 3: Non-IFRS Information
NON-IFRS INFORMATION Readers are cautioned that the supplemental non-IFRS financial information presented in this presentation is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered in isolation from or as a substit
Slide 4: Glossary of Definitions
GLOSSARY OF DEFINITIONS Information in Constant Currencies Dassault Systèmes has followed a long-standing policy of measuring its revenue performance and setting its revenue objectives exclusive of currency in order to measure in a transparent manner the underlying level of improvement in its total
Slide 5: Glossary of Definitions
GLOSSARY OF DEFINITIONS GEOs Eleven GEOs are responsible for driving the development of the Company’s business and implementing its customer-centric engagement model. Teams leverage strong networks of local customers, users, partners, and influencers. These GEOs are structured into three groups: the
Slide 6: Glossary of Definitions
GLOSSARY OF DEFINITIONS Annual Run Rate (ARR) ARR is the annual value of all active subscription software, SaaS, hosting & support contracts as of the end of the reporting period. • The value of active contracts is annualized by dividing the total active contract value by the contract duration in da
Slide 7: Agenda
AGENDA Strategy & Operational Highlights © Dassault Systèmes | Confidential Information | 2026 Financial Highlights & Objectives Financial Information Appendix 7
Slide 8: Building the Foundation for Sustainable Growth
BUILDING THE FOUNDATION FOR SUSTAINABLE GROWTH INDUSTRY EXPERIENCE HUMAN METAMORPHOSIS © Dassault Systèmes | Confidential Information | 2026 1981 1999 2020 3D Design 3D PLM*** Virtual Twin Experience of Humans 1989 2012 3D DMU* 3DEXPERIENCE® 3D PDM** platform 2026 FOUNDATION YEAR TO TURN AI INTO AI
Slide 9: Building the Foundation for Sustainable Growth
BUILDING THE FOUNDATION FOR SUSTAINABLE GROWTH FY26 2Q26 Confirming Actuals +3-5% +3-6% well in line +4% +8% © Dassault Systèmes | Confidential Information | 2026 objectives TOTAL REVENUE EPS TOTAL REVENUE EPS with objectives Transforming existing clients by turning industry Strong 3DEXPERIENCE & Cl
Slide 10: Game Changing Value Proposition in Motion
GAME CHANGING VALUE PROPOSITION IN MOTION Manufacturing Industries Life Sciences & Healthcare Transportation & Mobility’s Creating a unified AI intelligence © Dassault Systèmes | Confidential Information | 2026 new players leveraging our platform platform connecting molecule, advantage patient & rea
Slide 11: Laying the Foundation for AI-Driven Innovation
2026 OBJECTIVES LAYING THE FOUNDATION FOR AI-DRIVEN INNOVATION Transforming existing clients Conquering new frontiers Expanding 3D UNIV+RSES © Dassault Systèmes | Confidential Information | 2026 11
Slide 12: Building Digital Continuity from Design to Consumer
2026 OBJECTIVES BUILDING DIGITAL CONTINUITY FROM DESIGN TO CONSUMER Transforming existing clients Conquering new frontiers Expanding 3D UNIV+RSES © Dassault Systèmes | Confidential Information | 2026 12
Slide 13: Enabling AI-Driven Personalization at Scale
2026 OBJECTIVES ENABLING AI-DRIVEN PERSONALIZATION AT SCALE Transforming existing clients Conquering new frontiers Expanding 3D UNIV+RSES © Dassault Systèmes | Confidential Information | 2026 13
Slide 14: Creating a Unified AI Intelligence Life Sciences Platform with Real World Outcomes
2026 OBJECTIVES CREATING A UNIFIED AI INTELLIGENCE LIFE SCIENCES PLATFORM WITH REAL WORLD OUTCOMES Transforming existing clients Conquering new frontiers Expanding 3D UNIV+RSES © Dassault Systèmes | Confidential Information | 2026 14
Slide 15: Transforming Life Sciences
TRANSFORMING LIFE SCIENCES © Dassault Systèmes | Confidential Information | 2026 Drug development success rate Evolving regulatory environment driving industry innovation Industry transformation driven by the rapid convergence of advanced therapies and AI 15 2025 EU Industrial R&D Investment Scorebo
Slide 16: ArisGlobal: The Leading AI-Native Safety and Regulatory Platform at Scale
ARISGLOBAL: THE LEADING AI-NATIVE SAFETY AND REGULATORY PLATFORM AT SCALE Safety Automates case intake and reporting to streamline pharmacovigilance and ensure global compliance A COMPLETE Regulatory © Dassault Systèmes | Confidential Information | 2026 Manages submissions and correspondence to acce
Slide 17: ArisGlobal: Already Turning AI into Tangible Outcomes
ARISGLOBAL: ALREADY TURNING AI INTO TANGIBLE OUTCOMES SAFETY & Data-Intelligence Cortex PHARMACOVIGILANCE CYCLE Unified and system-agnostic data layer XDI standardizing meaning and context across FACTOR functions, enabling consistent, explainable © Dassault Systèmes | Confidential Information | 2026
Slide 18: Creating a Unified AI Intelligence Life Sciences Platform
CREATING A UNIFIED AI INTELLIGENCE LIFE SCIENCES PLATFORM © Dassault Systèmes | Confidential Information | 2026 Research & Clinical Manufacturing Regulatory & Development Patient & clinical Industrial execution Safety evidence and lifecycle Integrating Scientific models & Real world post molecular i
Slide 19: ArisGlobal Operates in a Mission Critical Market
ARISGLOBAL OPERATES IN A MISSION CRITICAL MARKET $7.5bn market o/w ~50% software and AI* Growing double digits © Dassault Systèmes | Confidential Information | 2026 MARKET CHALLENGES Regulatory navigation · Deep domain expertise · Embedded processes Therapeutic Complexity Rising toxicity risks assoc
Slide 20: Delivering the Agentic 3DEXPERIENCE Platform Powering AI-Native Solutions
2026 OBJECTIVES DELIVERING THE AGENTIC 3DEXPERIENCE PLATFORM POWERING AI-NATIVE SOLUTIONS Transforming existing clients Conquering new frontiers Expanding 3D UNIV+RSES © Dassault Systèmes | Confidential Information | 2026 20
Slide 21: New Categories to Deliver AI Value
2026 OBJECTIVES NEW CATEGORIES TO DELIVER AI VALUE Transforming existing clients Conquering new frontiers Expanding 3D UNIV+RSES © Dassault Systèmes | Confidential Information | 2026 21
Slide 22: 3DX Industry AI Platform Architecture
2026 OBJECTIVES 3DX INDUSTRY AI PLATFORM ARCHITECTURE Transforming existing clients Conquering new frontiers Expanding 3D UNIV+RSES © Dassault Systèmes | Confidential Information | 2026 22
Slide 23: Turning 3DEXPERIENCE Agentic Platform into Concrete Value for Customers
2026 OBJECTIVES TURNING 3DEXPERIENCE AGENTIC PLATFORM INTO CONCRETE VALUE FOR CUSTOMERS Transforming existing clients Conquering new frontiers Expanding 3D UNIV+RSES © Dassault Systèmes | Confidential Information | 2026 23
Slide 24: Agenda
AGENDA Strategy & Operational Highlights © Dassault Systèmes | Confidential Information | 2026 Financial Highlights & Objectives Financial Information Appendix 24
Slide 25: Performance at a Glance
PERFORMANCE AT A GLANCE Non-IFRS – All growth ex-FX P&L 2Q26 YTD26 Revenue growth 2Q26 YTD26 Recurring % Software © Dassault Systèmes | Confidential Information | 2026 Total Revenue (€M) €1,556 €3,065 Software Revenue +4% +3% 2 83% +4% +3% Upfront License Revenue +1% +4% 83% in 1H25 Operating Margin
Slide 26: Annual Run Rate
ANNUAL RUN RATE All growth and data ex-FX ARR YoY evolution ARR QoQ evolution 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 © Dassault Systèmes | Confidential Information | 2026 Beginning ARR 4,097 4,109 4,197 4,243 4,335 4,371 Ending ARR 4,109 4,197 4,243 4,335 4,371 4,443 Sequential 12 87 46 93 35 73 Net ARR grow
Slide 27: Growth Drivers: 3DEXPERIENCE & Cloud
GROWTH DRIVERS: 3DEXPERIENCE & CLOUD Non-IFRS - All growth ex-FX % YTD26 Software revenue Software revenue growth 2Q26 YTD26 1 +14% +10% © Dassault Systèmes | Confidential Information | 2026 40% in 1H25 +60% +46% 3DEXPERIENCE Cloud +14% +11% 25% in 1H25 CLOUD 1 Eligible Software Revenue excludes SOL
Slide 28: Software Revenue by Region
SOFTWARE REVENUE BY REGION Non-IFRS - All growth ex-FX EUROPE 2Q26: 0% | YTD26: +3% Softer quarter after strong Q1, on weakness in the Automotive sector in Mainland Europe partially offset by double-digit growth in Northern Europe. © Dassault Systèmes | Confidential Information | 2026 Energy, Indust
Slide 29: Software Revenue by Product Line
SOFTWARE REVENUE BY PRODUCT LINE Non-IFRS - All growth ex-FX 2Q26 YTD26 Quarterly Highlights Solid performance from 3DEXPERIENCE and Cloud, with CATIA, ENOVIA © Dassault Systèmes | Confidential Information | 2026 Industrial Innovation +5% +2% and DELMIA driving the momentum SOLIDWORKS continued to s
Slide 30: ArisGlobal: The Leading AI-Native Safety and Regulatory Platform at Scale
ARISGLOBAL: THE LEADING AI-NATIVE SAFETY AND REGULATORY PLATFORM AT SCALE Safety Automates case intake and reporting to streamline pharmacovigilance and ensure global compliance A COMPLETE Regulatory © Dassault Systèmes | Confidential Information | 2026 Manages submissions and correspondence to acce
Slide 31: Value Creation Framework
VALUE CREATION FRAMEWORK • Dassault Systèmes to acquire ArisGlobal for $1.8bn consideration at closing Disciplined • Up to $200m contingent payment linked to multi-year AI-related performance milestones Capital • Fully funded from existing cash, maintaining substantial balance sheet flexibility and
Slide 32: 1H26 Cash Performance
1H26 CASH PERFORMANCE IFRS unless otherwise noted Operating Cash Flow Free Cash Flow1 Cash Conversion (Operating Cash Flow/Operating Income2) © Dassault Systèmes | Confidential Information | 2026 +11% ex-FX +13% ex-FX 134% 123% 1237 1113 1147 1115 1007 981 1H25 1H25 1H26 1H25 1H25 1H26 1H25 1H26 rep
Slide 33: Net cash position bridge
+997 -217 -91 +71 -60 -45 +350 +12 Information | 2026 -357 +263 +612 7/23/2026 © Dassault Systèmes | Confidential 5,660 5,660 Operating cash flow: +€1,237 M vs. +€1,147 M ** R BF in 2Q 2025 YTD (+€90 M / +8%) Xoe 4,125 -3,378 (+€122 M / +11% ex-FX) rrpi m oa w py m in a 2,282 ct ge nt as s, n4 Q 2dn
Slide 34: 3Q26 and FY26 Objectives
Non-IFRS – All growth ex-FX (unless otherwise noted) 3Q26 FY26 1,497 - 1,537 Total Revenue (€M) 6,296 - 6,416 © Dassault Systèmes | Confidential Information | 2026 +3 - 5% Total Revenue +3 - 5% +3 - 5% Software Revenue +3 - 5% +4 - 8% Service Revenue +2 - 6% 31.0% - 31.1% Operating Margin (%) 32.2%
Slide 35: Agenda
AGENDA Strategy & Operational Highlights © Dassault Systèmes | Confidential Information | 2026 Financial Highlights & Objectives Financial Information Appendix 35
Slide 36: Constant Currency Annual Run Rate (ARR)
CONSTANT CURRENCY ANNUAL RUN RATE (ARR) • © Dassault Systèmes | Confidential Information | 2026 • FX rates 1Q25 2Q25 3Q25 4Q25 1.10€/$ Ending ARR using FY25 Plan foreign exchange rates 4,248 4,338 4,392 4,497 155.00€/¥ 1.18€/$ Ending ARR using FY26 Plan foreign exchange rates 4,109 4,197 4,243 4,335
Slide 37: Annual Run Rate (ARR) – Illustrative Example
ANNUAL RUN RATE (ARR) – ILLUSTRATIVE EXAMPLE Case 1: Multi Year on premise deal 5 Years Year 1 Year 2 Year 3 Year 4 Year 5 TCV: 100M Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Revenue 52,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 2,5 Order Value 20 20
Slide 38: Software revenue by region (IFRS)
IFRS Growth Growth in MEUR 2Q26 2Q25 Growth YTD26 YTD25 Growth ex FX ex FX Americas 524 505 +4% +6% 1,071 1,116 (4)% +2% Europe 530 533 (1)% +0% 1,068 1,047 +2% +3% © Dassault Systèmes | Confidential Information | 2026 Asia 347 334 +4% +8% 637 643 (1)% +6% Software revenue 1,401 1,373 +2% +4% 2,776
Slide 39: Software revenue by region (Non-IFRS)
Non - IFRS Growth Growth in MEUR 2Q26 2Q25 Growth YTD26 YTD25 Growth ex FX ex FX Americas 524 505 +4% +5% 1,071 1,116 (4)% +2% Europe 530 535 (1)% +0% 1,068 1,048 +2% +3% © Dassault Systèmes | Confidential Information | 2026 Asia 347 334 +4% +8% 637 643 (1)% +6% Software revenue 1,401 1,374 +2% +4%
Slide 40: Software revenue by product line (IFRS)
IFRS Growth Growth in MEUR 2Q26 2Q25 Growth YTD26 YTD25 Growth ex FX ex FX Industrial Innovation SW revenue 768 745 +3% +5% 1,518 1,538 (1)% +2% Life Sciences SW revenue 252 268 (6)% (4)% 511 561 (9)% (3)% © Dassault Systèmes | Confidential Information | 2026 Mainstream Innovation SW revenue 380 360
Slide 41: Software revenue by product line (Non-IFRS)
Non - IFRS Growth Growth in MEUR 2Q26 2Q25 Growth YTD26 YTD25 Growth ex FX ex FX Industrial Innovation SW revenue 768 745 +3% +5% 1,518 1,538 (1)% +2% Life Sciences SW revenue 252 268 (6)% (4)% 511 561 (9)% (3)% © Dassault Systèmes | Confidential Information | 2026 Mainstream Innovation SW revenue 3
Slide 42: Recurring and non-recurring software revenue
Non - IFRS Growth Growth in MEUR 2Q26 2Q25 Growth YTD26 YTD25 Growth ex FX ex FX Recurring Subscription and Support revenue 1,129 1,099 +3% +5% 2,304 2,333 (1)% +3% of which Subscription revenue 544 511 +6% +8% 1,147 1,147 +0% +5% © Dassault Systèmes | Confidential Information | 2026 Non Recurring L
Slide 43: IFRS income statement
Three months ended June 30, Six months ended June 30, (In € million, except % and per share data) 2026 2025 YoY 2026 2025 YoY Software revenue 1,400.6 1,372.7 +2% 2,775.5 2,805.4 (1)% Licenses and Other software revenue 271.7 275.6 (1)% 471.8 473.7 (0)% © Dassault Systèmes | Confidential Information
Slide 44: IFRS income statement, % of revenue
Three months ended June 30, Six months ended June 30, 2026 2025 2026 2025 % of revenue % of revenue Software revenue 90.0% 90.2% 90.6% 90.7% Licenses and Other software revenue 17.5% 18.1% 15.4% 15.3% © Dassault Systèmes | Confidential Information | 2026 Subscription and Support revenue 72.6% 72.1%
Slide 45: Non-IFRS income statement
Three months ended June 30, Six months ended June 30, (In € million, except % and per share data) 2026 2025 YoY 2026 2025 YoY Software revenue 1,400.7 1,374.2 +2% 2,776.0 2,807.0 (1)% Licenses and Other software revenue 271.7 275.6 (1)% 471.8 473.7 (0)% © Dassault Systèmes | Confidential Information
Slide 46: Non-IFRS income statement, % of revenue
Three months ended June 30, Six months ended June 30, 2026 2025 2026 2025 % of revenue % of revenue Software revenue 90.0% 90.2% 90.6% 90.7% Licenses and Other software revenue 17.5% 18.1% 15.4% 15.3% © Dassault Systèmes | Confidential Information | 2026 Subscription and Support revenue 72.6% 72.1%
Slide 47: Revenue and Gross Margin
Revenue and Gross Margin Three months ended June 30, Increase (Decrease) 2026 2026 2025 2025 (In € million, except %) Adjustment Adjustment IFRS Non-IFRS IFRS Non-IFRS IFRS Non-IFRS Total Revenue 1,555.8 0.1 1,555.8 1,521.6 1.6 1,523.2 +2% +2% Total Revenue breakdown by activity © Dassault Systèmes
Slide 48: Expenses & Earnings
Expenses & Earnings Three months ended June 30, Increase (Decrease) 2026 2026 2025 2025 (In € million, except % and per share data) Adjustment Adjustment IFRS Non-IFRS IFRS Non-IFRS IFRS Non-IFRS Total Operating Expenses (1,197.5) 108.3 (1,089.2) (1,279.9) 202.9 (1,077.1) (6)% +1% Share-based compen
Slide 49: Revenue and Gross Margin
Revenue and Gross Margin Six months ended June 30, Increase (Decrease) 2026 2026 2025 2025 (In € million, except %) Adjustment Adjustment IFRS Non-IFRS IFRS Non-IFRS IFRS Non-IFRS Total Revenue 3,065.0 0.5 3,065.5 3,094.6 1.6 3,096.2 (1)% (1)% Total Revenue breakdown by activity © Dassault Systèmes
Slide 50: Expenses & Earnings
Expenses & Earnings Six months ended June 30, Increase (Decrease) 2026 2026 2025 2025 (In € million, except % and per share data) Adjustment Adjustment IFRS Non-IFRS IFRS Non-IFRS IFRS Non-IFRS Total Operating Expenses (2,359.1) 217.3 (2,141.9) (2,548.4) 384.4 (2,164.0) (7)% (1)% Share-based compens
Slide 51: Financial income (loss), net
Non - IFRS Three months ended June 30, Six months ended June 30, (In € million) 2026 2025 YoY 2026 2025 YoY Interest Income 38.3 39.3 (1.0) 74.6 80.7 (6.0) Interest Expense (6.7) (5.0) (1.7) (12.0) (10.4) (1.6) Interest Expense on cap lease (IFRS 16) (4.8) (4.6) (0.2) (10.1) (9.6) (0.5) © Dassault S
Slide 52: From assumptions to actual data – Non-IFRS
From assumptions to actual data – Non-IFRS Breakdown of P&L by currency for YTD 26 Average Exchange rates Revenue Operating Expenses 2025 2026 % change EUR/USD 1.13 1.16 +3% USD 46.9% 44.4% QTD EUR/JPY 163.81 185.34 +13% EUR/USD 1.09 1.17 +7% JPY 6.6% 2.3% YTD © Dassault Systèmes | Confidential Info
Slide 53: Non-IFRS: 2Q26 guidance vs reported
Non – IFRS Operating In € million, except % Revenue Operating Income Operating Margin Expenses 2Q26 Guidance MID 1,542.9 (1,084.5) 458.5 29.7% © Dassault Systèmes | Confidential Information | 2026 Growth YoY +1.3% +0.7% +2.8% +0.4pt USD impact 10.4 (7.0) 3.4 +0.0pt JPY impact (8.4) 2.2 (6.3) (0.2)pt
Slide 54: Non-IFRS: FX effect on revenue and operating income
Non – IFRS QTD YTD Operating Operating Revenue Expenses Operating Margin In € million, except % Revenue Expenses Operating Margin Income Income 1,523.2 (1,077.1) 446.1 29.3% 2025 3,096.2 (2,164.0) 932.2 30.1% © Dassault Systèmes | Confidential Information | 2026 (17.6) 12.3 (5.2) (0.0)pt USD impact
Slide 55: Non-IFRS: FX effect on net income and EPS
Non – IFRS QTD YTD Net Income EPS In € million, except % Net Income EPS 391.0 0.30 2025 811.2 0.61 © Dassault Systèmes | Confidential Information | 2026 (10.6) (0.0) FX Impact on Operating Income Adjustment (51.6) (0.0) (0.9) (0.0) FX Impact on Financial Revenue Adjustment (3.8) (0.0) (2.0) (0.0) Ta
Slide 56: IFRS
© Dassault Systèmes | Confidential Information | 2026 7/23/2026 56 IFRS
Slide 57: IFRS cash flow statement
IFRS In millions of € YTD 26 YTD 25 Variation Net income attributable to equity holders of the parent 611.8 484.0 127.8 Non-controlling interest (0.0) (6.1) 6.1 Net income 611.8 477.9 133.9 Non-cash items 262.7 311.4 (48.7) Net income adjusted for non-cash items 874.5 789.3 85.1 Operating working ca
Slide 58: IFRS operating cash flow and working capital
IFRS € million YTD26 YTD25 Changes YTD26 YTD25 Changes Operating Cash Flow exFX +1,237 +1,115 +122 Up +11% year over year +1,237 +1,115 +122 Operating Cash Flow - reported +1,237 +1,147 +90 Up +8% year over year +1,237 +1,147 +90 © Dassault Systèmes | Confidential Information | 2026 Net income adjus
Slide 59: DSO in days
© Dassault Systèmes | Confidential Information | 2026 59 IFRS 95 2Q25 98 3Q25 in days DSO 117 Q425 105 1Q26 107 2Q26
Slide 60: Headcount overview
Overview Closing H/C - June 2026 At Closing - TOTAL 8% 2Q26 2Q25 % growth © Dassault Systèmes | Confidential Information | 2026 M&S + COR Ser 12,045 12,258 -1.7% R&D + COR SW 11,416 11,883 -3.9% G&A 2,052 2,112 -2.9% 47% Total 25,512 26,253 -2.8% 45% M&S + COR Ser R&D + COR SW G&A 60
Slide 61: IFRS 2026 Financial Objectives
IFRS 2026 FINANCIAL OBJECTIVES Accounting elements not included in the non-IFRS 2026 Objectives • FY 2026 estimated contract liabilities write-down: not significant • FY 2026 estimated share-based compensation expense, including related social charges: ~€115 M, these estimates do not include any new
Slide 62: Virtual Worlds for Real Life
© Dassault Systèmes | Confidential Information | 2026 for Real Life Virtual Worlds
Slide 63: Discover more on 3DS.com
© Dassault Systèmes | Confidential Information | 2026 63 ON 3DS.COM DISCOVER MORE