Slide 1: Investor Meeting – Financial Statements as of March 31, 2026
Investor Meeting matrix Financial Statements as of March 31, 2026
Slide 2: Disclaimer
DISCLAIMER This presentation includes forecasts, estimates, and plans of the Company regarding its operations, as well as other information about future events and matters. Such information constitutes forward-looking information as defined in the Israeli Securities Law, 1968. The realization of suc
Slide 3: A new era at Matrix: completion of the Magic merger
A new era at Matrix: completion of the Magic merger This is the first report of the merged company, Matrix and Magic. During the quarter, the merger transaction was completed, and the Company began integrating Magic's business units, aiming to maximize business and operational synergies. The complet
Slide 4: Operation Roaring Lion
Operation Roaring Lion During Operation Roaring Lion, hundreds of the Company's employees in Israel were called up for reserve duty. As of March 31, 2026, 330 of the Company's employees were serving in active reserve duty. The Company estimates that the war has no material impact on its financial re
Slide 5: MTRX
NIS 8.4 billion FY 2025 revenues Leading position NIS 17,000+ NIS 1 billion Professionals EBITDA FY2025 50+ 6,000+ countries Global deployment MTRX Customers 20 consecutive 14 years Proprietary software solutions Israel’s leading IT services company Aa2.il Credit rating by Midroog (Moody's)
Slide 6: Financial Reports
Financial Reports March 31, 2026
Slide 7: The effect of the completion of the Magic transaction on the financial statements
The effect of the completion of the Magic transaction on Q1 the financial statements 2026 On February 24, 2026, the merger transaction between Matrix and Magic Software Enterprises Ltd. ("Magic") was completed, and Magic became a wholly owned subsidiary (100%) • Retrospective adjustment of comparati
Slide 8: Effects of NIS appreciation FX on Matrix's revenues and profits
Effects of NIS appreciation FX on Matrix’s revenues and profits About 20% of Matrix’s revenues are generated internationally, primarily through its U.S. operations. About 40% of revenues, in Israel and internationally, are linked to the USD exchange rate (through foreign subsidiaries and sales of so
Slide 9: Q1 2026 results highlights
Q1 2026 Revenues +2.4% growth to NIS 2.127 billion Revenue growth on a Constant Currency* basis was 8.9% Gross profit +2.4% growth to NIS 382.7 million, at a margin of 18% Operating income +11% growth to NIS 203 million, with Operating income growth on a Constant Currency* basis was 18% an improveme
Slide 10: Key P&L Highlights – Q1 2026 compared to the corresponding quarter
Key P&L Highlights– Q1 2026 compared to the corresponding quarter (NIS millions) Q1 2026 Q1 2025 % Growth Revenues 2,128 2,077 2.4% 8.9% growth on a Constant Currency basis Gross profit 383 374 2.4% R&D expenses 9 12 )21.7%( SG&A 170 179 )4.9%( Operating income 203 183 11% 18% growth on a Constant C
Slide 11: Q1 2026 summary
Q1 2026 summary (NIS millions) Revenues Gross profit Operating income 7% 4YR CAGR 7.4% 4YR CAGR 9% 4YR; CAGR 2.4%+ 2.4%+ 11%+ 8.9% growth on 18% growth on a Constant a Constant Currency basis Currency basis 2,077 2,128 374 383 203 1,932 326 342 183 1,795 164 1,623 288 156 144 17.7% 18.2% 17.7% 18% 1
Slide 12: Q1 2026 summary
Q1 2026 summary (NIS millions) EBITDA Net income Net income to 8.1% 4YR CAGR 7.1% 4YR CAGR shareholders (*) 5.6%+ 9.2%+ 7.4% 4YR CAGR (*) 9% + 19.4% growth on a Constant Currency basis 266 137 252 221 228 125 120.7 195 105 108 109.9 101.7 110.7 90.6 96.9 92.5 84.6 73.7 77.7 12% 12.3% 11.8% 12.1% 12.
Slide 13: Revenue breakdown by customer sectors
Revenue breakdown by customer sectors Hi-Tech 20% Financial Institutions 6% 17% 12% 20% Industry, Communications & Retail 16% Healthcare & transportation 15% 15% 17% Government & Public Sector 14% Aerospace & Defense 16% 14% 12% Other 6% Based on revenues for 2025, Matrix + Magic
Slide 14: Revenue breakdown by geographic region
Revenue breakdown by geographic region 0.4% 0.2% 2.7% Israel 80.7% United States 16% 16% Europe 2.7% Asia 0.4% Others 80.7% 0.2%
Slide 15: Analysis of Operating Segment Results Q1 2026
Analysis of Operating Segment Results Q1 2026
Slide 16: New operating segments
New operating segments IT Solutions, Software Products & Cloud Solutions, IT Infrastructure IT Solutions and Software Products Services, and Systems Engineering & Systems – Israel and & Services – International – Israel International IT solutions and services in Israel GRC solutions (Governance, Ris
Slide 17: IT Solutions, Software Products & Services, and Systems Engineering – Israel
IT Solutions, Software Products & Services, and Systems Engineering – Israel Revenues (NIS thousands) Operating income (NIS thousands) Q1 2026 Q1 2025 % Q1 2026 Q1 2025 % Reporting results 1,303,523 1,261,439 3.3% 126,613 105,180 20.4% Profit margin (%) 9.7% 8.3% The results of Software product sale
Slide 18: Cloud Solutions, IT Infrastructure & Systems – Israel and International
Cloud Solutions, IT Infrastructure & Systems – Israel and International Revenues (NIS thousands) Operating income (NIS thousands) Q1 2026 Q1 2025 % Q1 2026 Q1 2025 % Reporting results 529,993 495,596 6.9% 42,737 46,254 (7.6%) Profit margin (%) 8.1% 9.3% Segment results were adversely affected by the
Slide 19: IT Solutions and Software Products & Services – International
IT Solutions and Software Products & Services – International Revenues (NIS thousands) Operating income (NIS thousands) Q1 2026 Q1 2025 % Q1 2026 Q1 2025 % Reporting results 344,662 350,127 (1.6%) 37,812 34,957 8.2% Profit margin (%) 11% 10% Segment results were adversely affected by the depreciatio
Slide 20: Finance expenses
Finance expenses Finance expenses, net (NIS thousands) Q1 2026 Q1 2025 Change Interest, commissions, and other (net) 8,636 9,783 )1,147( FX differences 4,051 )259( 4,310 Accounting finance expenses 11,092 11,002 90 Total finance expenses (net) 23,779 20,526 3,253 The increase in finance expenses is
Slide 21: Financial Indexes
@ e* matrix oe Financial Indexes
Slide 22: Financial indexes
Financial indexes (NIS millions) 2,126 Equity March 31, 2026 December 31, 2025 Commercial 249 Equity 2,126 2,107 300 Securities )due by 272 18 % of total balance February 2030( sheet 33.1% 33.3% Loan from financial 129 Gross financial debt 968 981 129 institutions Capital Net financial debt 300 Stru
Slide 23: Financial indexes
Financial indexes (NIS millions) Cash flows from operating activities March 31, 2026 December 31, 2025 Cash and cash equivalents 1,011 1,207 (1%) 23.1% 4YR CAGR Unutilized credit facilities (*) 1,238 1,235 833 865 856 Total liquid assets 2,249 2,442 529 459 LTM Q1.22 LTM Q1.23 LTM Q1.24 LTM Q1.25 LT
Slide 24: Dividend
Dividend Matrix maintains its regular dividend policy: Distribution of up to 75% of profits to the Company’s shareholders Dividend for Q1 2026 89.76 NIS million 0.97 NIS per share
Slide 25: Matrix Forward
Matrix Forward >>>
Slide 26: Strong synergy with Magic – revenue breakdown by business sector
Strong synergy with Magic – revenue breakdown by business sector ah Software products Licensing of Magic’s development tools 6% 8% Software services for the International software services s defense sector 9% 36% Global cloud and IT infrastructure 13% 28% Software services in Israel (civil)
Slide 27: Impact of NIS appreciation on our offshore operations
Impact of NIS appreciation on our offshore operations Matrix operates development centers in Eastern Europe, Asia, and Africa, employing more than 1,500 professionals. The appreciation of the NIS encourages companies (including Matrix) to shift development resources to other countries, thereby reduc
Slide 28: Matrix is among Israel's leading defense companies
Matrix is among Israel's leading defense companies With revenues exceeding NIS 1 billion and more than 1,800 professionals, including two recipients of the Israel Defense Award. In the defense sector, Matrix continues to achieve sustained double-digit growth, driven by deep technological expertise i
Slide 29: Matrix 2026 – positioned as a significant global cloud player
Matrix 2026 – positioned as a significant global cloud player With global annual sales of cloud infrastructure and services exceeding USD 400 million(*), Matrix is positioned as a significant global partner of leading cloud companies – a position that opens new growth opportunities that were not pre
Slide 30: Strong growth in Data + AI business
Strong growth in Data + AI business
Slide 31: Unilever International Databricks-based data and AI platform
Creating a centralized cloud Data Lake and deploying a unified, Databricks-based analytics and AI platform, connected to tens of thousands of customers and International thousands of transport assets across 100+ countries. "I highly recommend Matrix for their outstanding work in building a modern da
Slide 32: Data + AI strategy
Gilbane – Providence, USA A Databricks-based data modernization strategy that transformed distributed data sources into a reliable Single Source of Truth. This infrastructure created full AI readiness, enabling the organization to deploy Generative AI capabilities and predictive analytics for real-t
Slide 33: Thank you
e* oe matrix °° Thank you Questions...