Slide 1: Investor Presentation FY2024/25
Presentation Investor FY2024/25 22.01.2026
Slide 2: Management Board
Management Board Andrzej Przybyło Zbigniew the Wise Grzegorz Ochędzan Krzysztof Kucharski President of the COO – Vice President of the CFO – Vice President of the Vice-President of the Management Management Board Management Board Management Board Board Corporate & Legal Director With the company Wit
Slide 3: Position
ee Position AB ED BY TECHNOLOGY
Slide 4: AB's strong position at the top of the rankings
AB's strong position at the top of the rankings 1 5 14 Leading position Position in the European Position in the world in the CEE region (1) Distributor Ranking (2) ranking distributors (2) PROMOTION from December 2025 mWIG 40 WIGdiv WIGdivplus A company listed in Company listed Distributor of the Y
Slide 5: Financial results
Financial results ED BY TECHNOLOGY
Slide 6: Strong results of the AB Group
Strong results of the AB Group Profit and loss account Specification Q3 2025 Q3 2024 Change FY 2024/25 FY 2023/24 Change [PLN thousand] [PLN thousand] % [PLN thousand] [PLN thousand] % Sales revenue 3 453 881 3 427 731 0,8% 14 931 151 14 658 180 1,9% Gross profit on sales 149 835 138 350 8,3% 591 77
Slide 7: Consolidated results of the AB Group
Consolidated results of the AB Group Invested capital and sources of financing 30.09.2025 30.09.2024 Change Change [PLN thousand] [PLN thousand] [PLN thousand] % Non-current assets (before IFRS 16) 307 058 321 917 -14 859 -5% Net working capital, including: 1 434 272 1 341 008 93 264 7% - Stocks 1 9
Slide 8: Stable profitability ratios
Stable profitability ratios NET PROFIT MARGIN (%) ROE (%) * 1,10% 1,12% 15,4% 13,5% 13,4% 12,5% 0,82% 0,83% Q3/2022 Q3/2023 Q3/2024 Q3/2025 LTM 09.2022 LTM 09.2023 LTM 09.2024 LTM 09.2025 NET PROFIT MARGIN (%) LTM ROCE (%) * 1,19% 1,16% 19,1% 18,2% 16,5% 16,0% 1,07% 1,04% LTM 09.2022 LTM 09.2023 LTM
Slide 9: Safe, diversified and record-low debt
Safe, diversified and record-low debt TOTAL DEBT RATIO NET DEBT FIN/EBITDA 1,37 71,1% 69,3% 63,8% 0,87 64,1% 0,33 0,28 30.09.2022 30.09.2023 30.09.2024 30.09.2025 30.09.2022 30.09.2023 30.09.2024 30.09.2025 FIN NET DEBT/EQUITY NET DEBT/EBITDA 0,24 286 188 0,21 219 138 0,07 0,05 57 171 37 795 30.09.2
Slide 10: Growing liquidity ratios
Growing liquidity ratios CURRENT LIQUIDITY RATIO QUICK LIQUIDITY RATIO 1,53 1,52 0,84 0,82 0,74 1,40 30.09.2023 30.09.2024 30.09.2025 30.09.2023 30.09.2024 30.09.2025 AB Group has maintained high The maintained liquidity and debt and stable financial liquidity parameters are appreciated by banks, fo
Slide 11: Optimized cash conversion cycle
Optimized cash conversion cycle INVENTORY ROTATION COMMITMENT ROTATION 60 52 52 53 Project 43 Project MEN: 8 MEN: 8 35 No No project project MEN: 44 MEN: 52 Q3 2023 Q3 2024 Q3 2025 Q3 2023 Q3 2024 Q3 2025 RECEIVABLES ROTATION CASH CONVERSION CYCLE 36 38 49 46 33 46 Q3 2023 Q3 2024 Q3 2025 Q3 2023 Q3
Slide 12: Strong cash flow
Strong cash flow CASH FLOW (FY 2024/2025) -3,9 ▪ Another financial year confirming 108,3 the Group's high operational -113,6 efficiency and long-term ability 143,6 134,6 to generate positive OCF -9,0 ▪ A stable and high cash position, in addition to high credit limits, guarantees a high ability to p
Slide 13: Stable operating costs
Stable operating costs Efficient cost management ▪ The Group shows a stable level of SG&A IN AB Group operating costs in relation to revenues. 2,16% 2,15% 2,03% 2,05% ▪ Automation and digitization of operational processes creates space for further cost optimization ▪ Group achieves industry-leading
Slide 14: Exemplary foundations of financing
Exemplary foundations of financing Structure of financing as at 30.09.2025 Sources of Credits 36,89% Short-term 41,46% funding Structure Bonds 63,11 % age Long-term 58,54 % external. Total value of available funding sources } Used PLN 176 million Available financing To use PLN 991 million PLN 1.17 b
Slide 15: AB Group on the stock exchange
AB Group on the stock exchange 35 years on the market, 19 years on the WSE – built credibility and trust Trigon DM Ipopema Securities DM BOŚ Santander Recommendation Recommendation Recommendation Recommendation "BUY" "BUY" "BUY" „outperform” TP 138 PLN TP PLN 139.7 TP 116,2 PLN TP 140 PLN Recommenda
Slide 16: Dividend and buyback policy
Dividend and buyback policy Dividend policy Realizowany Buyback published in the current report of 02.09.2025, assumes, subject to the conditions indicated therein, the following dividend amounts: Concentrat For the financial year 2024-2025: ed 526 384 Payment of 60% of the Group's consolidated net
Slide 17: Market Trending Outlook
eee Market Trending €) Outlook N AAbcrov
Slide 18: Very good macroeconomic forecasts for 2026
Very good macroeconomic forecasts for 2026 FAVORABLE macroeconomic environment means increased demand for IT devices POLAND'26 CZECH SLOVAKIA'26 REPUBLIC'26 ▪ GDP growth to 3.6%(2) ▪ Keeping unemployment low at 3.0% ▪ Gradual GDP growth to 1% in 2026 in 2026(1) and 1.4% in 2027 (1) ▪ Low unemploymen
Slide 19: Strategic pillars of success
Strategic pillars of success The year 2025 will be the foundation for growth and building the company's value Scale Presence on Strength of finance Responsible business and technology the WSE and cost discipline development ▪ Entry into the TOP ▪ Promotion to the ▪ Record equity ▪ Starting your own
Slide 20: Market context
Market context The year 2025 In 2026 is the year... we expect... ... acceleration of the development of AI technology. ... sstiffintelligence. ... in the growth of expenditures on cybersecurity. … cybersecurity. ... global supply chains. … geopolitics. ... opularization of the as-a-service sales mod
Slide 21: Favorable prospects of the IT market for the coming years
Favorable prospects of the IT market for the coming years Market Gartner IT Spend Forecast in Predictions 2026 ▪ Global spending on AI-related technologies (CAGR 2026/33 – 30.6%) ▪ Increased demand for cybersecurity spending (CAGR 2025/30 – 12.45%) World Europe ▪ Growth in spending in the XaaS area
Slide 22: Market of announced tenders in Q3
Market of announced tenders in Q3 Further recovery in public procurement Growth dynamics – Q3 2025/Q3 2024 – pcs. Number of tenders announced in quarters 2330 +881 +956% +830 1 790 Tablets +809 1 457 1 449 +147% +56% 960 Storage Servers 648 Increases +52% +50% Q1 Q2 Q3 Notebooks PC 2024 2025 +80% +3
Slide 23: AB is the dominant partner in strategic projects
AB is the dominant partner in strategic projects AI Lab Digital Learner Digital Student for Pracownie STEM 2025-2029 735,000 devices, including: 8 thousand sets of equipment to equip Computers and IT, audio, video AI labs for primary schools; equipment. • 404,250 laptops, 4 thousand sets of equipmen
Slide 24: Selected tenders and framework agreements
Selected tenders and framework agreements Ministry of AGH UST Police Mail MON Offices PGE Finance Cyfronet NEW NEW NEW 220 140 300 87 PLN PLN PLN PLN 50 240 74 PLN PLN PLN million million million million million million million 24 thousand desktops Desktops, laptops, with operating system Desktops,
Slide 25: 2026 - a strong year for Apple
2026 - a strong year for Apple Growth Promoters What's new in the ecosystem ▪ 15 premieres in 2026 Available Expected ▪ Premiere calendar change ▪ N1 wireless chipset ▪ Gogle Vision Pro 2, ▪ własne modemy okulary AR Apple Cx ▪ Apple Fitness+ ▪ Entry into new product categories in Poland ▪ new budget
Slide 26: AB Group – an investment certainty
AB Group – an investment certainty Geographical, assortment #14 in the world and channel diversification: #5 in Europe • The largest customer base and full coverage of #1 in Poland and the region all sales channels. • The widest range available. • The largestdistributor of global manufacturers. Stro
Slide 27: Number One
ee Number One ED BY TECHNOLOGY
Slide 28: The most appreciated
THE MOST APPRECIATED SSHELF IN THE INDUSTRY BLACK Samsung Samsung Samsung Dell IT Reseller Technologies HP Inc. Samsung Schneider Acer Lenovo Electric Microsoft OKI Hewlett Packard Dell Brother ITWiz Coface Sunmi Epson Enterprise Technologies IT Reseller Canon 45 awards and distinctions per year 28
Slide 29: ESG in AB Group
ESG in AB Group AB IS THE BEST COMPANY IN THE IT AB INDUSTRY IN THE CATEGORY: appreciated by EcoVadis "Technological Responsibility and Sustainable Development" Environment Social Governance ▪ Investments in RES (photovoltaics) ▪ Substantive and gender equality ▪ Ecovadis rating from 2020 ▪ Device s
Slide 30: Investor newsletter
Investor newsletter Stay up to date with AB S.A. business information JOIN JOIN THE AB S.A. INVESTOR NEWSLETTER SUBSCRIBERS FOLLOW US ON www.ab.pl/newsletter-inwestorski Receive the most important information "AB GROUP Investor Relations" directly to your email inbox @ab_grupa Be with us on AB's soc
Slide 31: Thank you for your attention
INSPIRED BY TECHNOLOGY Thank you for your attention