Q1 2026 Results Presentation

Trading Update

Q1 2026

13 May 2026

Highlights

3

41

41

41

AUTO1 Group Delivered Record Results in Q1

Group Units Sold

K Units

+22%

YoY

250

249

225

219 219

200

204

200

175 1

150

125

100

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

Group Gross Profit EUR Million

Group GPU EUR

+22%

YoY

1,17

6

1,20

2

300

1,16

0

1,166

1,14

8

289

275

250

225

23

6

26

25 5

8

23

1

1

200

175

150

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

Group Adj. EBITDA EUR Million

Group Adj. EBITDA Margin %

3.0%

2.4%

2.5%

60

2.1%

2.1%

58

60

50 52

40

42

45

1

30

20

10

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

We Are Realising Operating Leverage From Our Q4 2025 Capacity Investments Into 2026

Total OPEX / Unit

EUR

285

211

237

206

241

Personnel Costs / Unit Sold Non-Personnel Costs / Unit

1,000

874

942 941 1,005 923

Adj. EBITDA / Unit

750

478

499

525

551

511

500

250

396

443

416

454

412

Q1 2025

Q2 2025

Q3 2025 Q4 2025 Q1 2026

Our Merchant Business Delivered Strong Results in Q1

Merchant Units Sold

K Units

+19%

YoY

216

200

182

192 190

177

150

100

50

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

Merchant Gross Profit

EUR million

+15%

YoY

200

207

180

185

188

170

150

100

50

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

Merchant GPU

EUR

1000

990

961

966

986

957

750

500

250

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

In Q1 2026 More Dealers Than Ever Purchased From Us

Buying Merchants on AUTO1.com

# Unique Buyers, K

+23%

YoY

40

36.2

30

29.4

20

10

Q1 2025 Q1 2026

Average Basket

# Purchased Cars Per Quarter

6.0

6.2

6.0

4.5

3.0

1.5

Q1 2025 Q1 2026

Merchant Financing Continues to be a Strong Demand Driver

Merchant Sales Financed EUR million

+22%

YoY

350

330

300

270

250

200

Q1 2025 Q1 2026

# of Units Financed K Units

+19%

YoY

35

35.8

30

30.1

25

20

Q1 2025 Q1 2026

+25%

YoY

€322m

Portfolio Balance

Q1 2020

Q2 2020

Q3 2020

Q4 2020

Q1 2021

Q2 2021

Q3 2021

Q4 2021

Q1 2022

Q2 2022

Q3 2022

Q4 2022

Q1 2023

Q2 2023

Q3 2023

Q4 2023

Q1 2024

Q2 2024

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q1 2020

Q2 2020

Q3 2020

Q4 2020

Q1 2021

Q2 2021

Q3 2021

Q4 2021

Q1 2022

Q2 2022

Q3 2022

Q4 2022

Q1 2023

Q2 2023

Q3 2023

Q4 2023

Q1 2024

Q2 2024

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Our Retail Business Delivers Remarkable Growth Since Launch

Autohero Units Sold

K Units

+48%

YoY

32

30

25

22

20

15

10

5

Autohero Gross Profit KEUR

Autohero GPU / Average Selling Price %

+47%

YoY

82

80

20%

70

17.5%

60

15%

50

12.5%

40

10%

30

7.5%

20

5%

10

2.5%

56

Autohero Unit Sales Growth Rate Continues to Surge on Strong Demand

Autohero Units Sold

K Units

+48%

YoY

32.5

30

27.0

28.7

22.0

23.8

15

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

Retail Gross Profit

EUR million

+47%

YoY

80

82

73

78

60

61

56

40

20

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

Retail GPU

EUR

2500 2,569

2,538

2,664

2,632

2,555

1875

1250

625

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

Autohero is Becoming The Leading Used Car Brand Across Europe

Autohero

Brand Awareness

%

35%

35

32 33

30%

28

25%

26

20%

Q1 Q2 Q3 Q4 Q1 2025 2025 2025 2025 2026

Italy

France

Germany

Spain

Source: Nielsen Brand Tracker

Weighted by population aged 18-64. Average for 9 Autohero markets 13

82

77

Co-Branded Purchase Branches

with Pick-Up Services

Autohero Brand Only Pick-Up Locations

Total, End of Q1 2026

We Are Leveraging Our Branch Network Offering Both Drop-off and Pick-up Services to Maximize Convenience for our Customers

Pick-up Locations

Q1 2026

Co-Branded Purchase Branches with Pick-Up Services

Autohero Pick-Up Locations

10.7

Days, Average Delivery Time *

Total, End of Q1 2026

* Average delivery time refers to the duration between order verification and the

handover to the customer. Time averages both time for home deliveries and deliveries to 14

a pick-up location

Our Long Term Goals

15

Our Long Term Goals

Our Vertically Integrated Business Model Maximizes Value For Our Customers

Higher Selling Prices

Lower Buying Prices

Lower Processing Cost

Competitive Financing Rates

Fast And Reliable

Delivery

Greater Selection

Greater Convenience

Increased Trust

Highly Motivated Staff

16

We Are Steadily Progressing Towards Our Long Term Targets

240K

220K

200K

10%

249

Group Adj. EBITDA EUR Million

Group Adj. EBITDA Margin %

5-9

%

Adj. EBITDA

180K

160K

140K

120K

100K

80K

60K

40K

015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Group Units Sold

20K

AUTO1

26

Market Share 1

L-T AUTO1

Market Share Target

75 2.1 %

1.4 %

2.2 %

3.0 %

2.1 %

Margin Target

2.4 % 2.5 %

2.1 %

2014 2

2014

2015 2016 2017

2018 2019 2020

2021 2022 2023

2024 2025 Q1

50 1.2 %

58 60

52

45

27.5

Million

Group Units Sold

€700

Billion

34 37

25

17 21

Q1 Q2 Q3 Q4

42

Q1 Q2 Q3 Q4 Q1

European Used Car Transactions2 European Used Car Market Size3

24 24

24 24

25 25 25

25 26

17

¹ Market share: 2025 (based on transactions in markets that are relevant to AUTO1 Group)

² Consolidated Used Car Transactions in the following markets: DE, FR, IT, ES, NL, BE, AT, SE, PT, PL, FI, DK, SK, CZ, EE , LT, LV, HR, RO, HU, BG, UA, GR (where AUTO1 Group is present)

3 Source: OC&C, Finaccord, 2019. Used Car Market Size and Dealer Statistic Comprises EU27 and Norway, Switzerland, Ukraine, Albania, Bosnia and Herzegovina, North Macedonia, Republic of Moldova (excluding Bulgaria, Iceland, Cyprus, Malta), European Used Car. Market Size incl. B2B and Financing Transactions

Capital Markets Event

18

Q4 2025 Financial Figures And FY 2026 Guidance

19

AUTO1 Group Financial Figures

*GPU is not equal to gross profit/number of cars sold because of the effects of inventory changes due to the capitalisation of internal refurbishment costs which are not part of cost of materials.

Differences may exist due to rounding 20

Our Strong Units Sales and Operating Leverage Drove Q1 Results

EUR Million

+33.5

-9.6

+0.2

-2.4

-3.0

-4.0

Adj. EBITDA Q4 2025

Gross Profit Unit Uplift

Gross Profit GPU Uplift

Marketing Costs

Internal Logistics

Core Opex

Employee Cost pre SDI

Other

Adj. EBITDA Q1 2026

We Maintain a Strong Balance Sheet

Total Cash

EUR Million

No Corporate Debt

650

652

600

604

550

Q4 2025 Q1 2026

Inventory

EUR Million

Financed through our Inventory ABS Facility

1,200

1,058

Inventory ABS LTV

87%

800

400

Q4 2025 Q1 2026

Captive Finance Assets

EUR Million

Financed through Captive ABS Facilities

1,000

750

852

303

Merchant Loans

941

322

Merchant Loans

Merchant ABS LTV

80%

500

549

Consumer Loans

619

Consumer Loans

Consumer ABS LTV

87%

250

Q4 2025 Q1 2026

Guidance

2026 Guidance

Unit Guidance

Financial Guidance

Units Group

Units Merchant

Units Autohero

Gross Profit EUR 1.1 - 1.2 bn

Adj. EBITDA EUR 250 - 275 m

Thanks

24

Appendix

25

Long Term Growth Dynamics

Outstanding Growth Trajectory Since Foundation

Group Units Sold

K Units

+22%

YoY

249

240

220 20

4

200

180

160

140

120

100

80

60

40

20

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Q1 Q1

25 26

Gross Profit

EUR Million

+22%

YoY

289

280

260

240

236

220

200

180

160

140

120

100

80

60

40

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Q1 Q1

25 26

26

AUTO1 Sourcing Advantages

Our C2B Products Generate Superior Value For Our Selling Customers

Our Brand Promises

• Hassle-free and fast online car appraisal

• Optimal prices based on Pan-European demand aggregation

• Convenient drop-off locations

• Immediate payment to our customers

• Seamless deregistration

90% Of All Cars AI-Priced

Brand Recognition

by country

Brand Trustpilot Awareness Score

DE 66% 4.2

4.4

4.6

4.3

3.7

4.3

4.4

4.4

61%

AT

56%

BE

60%

SE

55%

NL

64%

ES

69%

IT

58%

FR

Data source:

27

• Nielsen Brand Tracker, Q1 2026 (DE/ES/FR/IT: Sample size 3,000 per market, NatRep 18-64 age. NL/SE/BE/AT: Sample size 1,000 per market, NatRep 18-64 age. Data for the Portugal market is not available).

• Trustpilot, 05.05.2026

Merchant

AUTO1.com is the Most Compelling Sourcing Channel for Our Partners

THE #1 PLATFORM FOR DEALERS

Superb Selection

End-to-end Fulfillment

• >30,000 Cars in Stock

• Cars Immediately Available

• Uniform quality standards

• Most diverse inventory selection

• Pan-European coverage

• Delivery across Europe at competitive prices

• AUTO1 as Single Counterparty

• Effortless Document and Administration Handling

Easy Purchasing

Buy Now, Pay Later

• Dedicated sales support

• AI-based Recommendation Tools

• 24/7 Purchasing Experience

• Premium Return Right

• Bidding, Payment and Logistics fully integrated

• Convenient and Seamless Merchant Financing for up to 180 days

• Financing solution funds 100% of Purchase Price

  
  
  

  Retail

  Autohero Strengthens Its Footprint Across Europe By Offering An Outstanding Product To Customers

  
  
  

  A TRUSTED BRAND

  Selection

• Large Multi Brand Selection of Immediately Available Inventory (>16K cars)

• Detailed and Uniform Car Profiles

  Convenience

• Highest Transparency Standards backed by In-house Refurbishment

• Standard 1 Year Warranty

• Return Guarantee

• Value-added Services (incl. Premium Warranty, Trade-in, GAP/PPI Insurance, Spare Tires, etc)

  Price

  • Hassle Free Car Pricing

  • Pay on Delivery Option

  • Convenient and Integrated Consumer Financing

    Delivery

  • Convenient pick-up Locations

  • Delivery from 48 h for Selected Inventory

  • Unique Last-mile Delivery Experience Option

Highlights

We Benefit from Network Effects, Accelerating Unit and GPU Growth, While Scale Economies Drive Operating Leverage

Inventory & Selection Strong Balance Sheet

Proprietary Transactional Data

AI-Based Pricing

Network Effects

Scalable Unit Economics

In-House Refurbishment

Branch Network &

Fulfilment

Centralised HQ Functions

Trusted Brand Captive Finance

30

10% Market Share 5-9% Adj. EBITDA Margin

Differences may exist due to rounding

31

*GPU is not equal to gross profit/number of cars sold because of the effects of inventory changes due to the capitalisation of internal refurbishment costs which are not part of cost of materials.

Differences may exist due to rounding 32

Captive Finance Non-Recourse Funding: Step 1, Funding Assets

AUTO1 Group

Junior Notes

Sell Captive Finance Receivables

Financing SPVs

• Autohero Funding

• AUTO1 Car Funding

  • Merchant Finance

  • Finance Hero

• Assets: Captive Finance Receivables

• Liabilities:

  • Senior notes

  • Mezzanine Notes

    Senior + Mezzanine Notes

    External Lenders

• Banks

• Asset Management

• Funds

  Payment for Receivables with proceeds from Notes ● Junior notes

  Financing SPV's purchase captive finance receivables from AUTO1 Group

  Financing SPVs fund themselves with mix of external debt and funding from AUTO1 Group to fund purchase of receivables

  • External funding often structured as multiple tranches with different levels of seniority

  • Under EU (and US) securitisation regulations, AUTO1 Group as originator needs to provide at least 5% of funding as risk retention

    Lenders have only claim against the assets held by SPV and related interest cash flows

  • Financing SPVs are legally NOT part of AUTO1 Group and their debt is not guaranteed or otherwise supported by AUTO1 Group ("non-recourse")

    Captive Finance Non-Recourse Funding: Step 2, Debtors Pay

    Junior Notes /

    Financing SPVs

    Senior +

    External Lenders

    Risk Retention

    • Assets: Captive Finance

      Mezzanine Notes

      AUTO1 Group

      Servicing Fees + Excess Interests + Final Collections

      Receivables

  • Liabilities:

    • Senior notes

    • Mezzanine Notes

    • Junior notes

      Fixed Interest + Repayment

  • Banks

  • Asset Management

  • Funds

    Interest + Principal

    Consumers

    Interest + Principal

    Merchants

    • Debtor payments split between interest and principal waterfall

    • Interest waterfall distributed monthly in order of priority

      • Servicing fee to AUTO1

      • Credit losses credited to principal waterfall to ensure full repayment

      • Senior interest payments

      • Mezzanine interest payments

      • Remaining amounts to AUTO1 Group as Excess Interest / economic claim

    • Principal repayments and credit loss compensation:

      • In revolving period (ie "warehouse") used to purchase incremental new receivables

      • During amortisation (ie FinanceHero) used to repay debt in order of seniority with junior notes repaid last

      • Junior Notes repaid from collections once external debt repaid

        Captive Finance Non-Recourse Funding: What is AUTO1 Group Exposure?

    • AUTO1 provides funds upfront to allow SPV to purchase receivables but has no subsequent obligation to commit further cash

    • Base case is that AUTO1 Group makes a good return on captive finance structures:

      • AUTO1 entitled to excess of interest paid by debtors over refinancing cost and credit losses

      • Upfront risk retention provided by AUTO1 will be repaid as receivables paid off in amortisation case

    • If credit performance is so bad that cost of credit exceeds the net interest margin, then most junior tranche (ie risk retention) will be impaired

      • Worst case is that AUTO1 will not receive excess interest and initial investment in risk retention will not be repaid. AUTO1 is not obliged to commit any more cash

    • While AUTO1 Group is not owner of Financing SPV and does not guarantee any SPV liabilities, AUTO1 is exposed to the positive (or negative) development of the Financing SPV. We therefore fully consolidate the assets and liabilities.

AUTO1 Balance Sheet: All of our long-term debt is non-recourse; No Corporate Debt

€ mln

selected balance sheet lines

Rationale to exclude from Corporate Net Debt

Assets

Liabilities

ABS Facility Draw Level, %

Cash Inventory

Inventory ABS Liabilities

Merchant Finance Receivables Merchant Finance ABS Liabilities

Consumer Finance Receivables Consumer Finance ABS Liabilities

FloorPlan financing is generally considered short term payables rather than debt by Ratings Agencies

Under Ratings Agencies Captive Finance Rules, Non-recourse re-financing does not count towards net debt

Under Ratings Agencies Captive Finance Rules, Non-recourse re-financing does not count towards net debt

Q1 2026

652.0

1,055.2

321.8

619.5

Q1 2026

916.5

255.9

539.0

87%

80%

87%

Contacts

Investor Relations Contacts

Philip Reicherstorfer

Group Treasurer

Maria Shevtsova

Head of Investor Relations

Address

Bergmannstr. 72

10961 Berlin

Tel.

+49 170 556 9259

E-Mail

ir@auto1-group.com