Q3 2025 Results Presentation

Trading Update

Q3 2025

5 November 2025

Highlights

3

Highlights

Group Adj. EBITDA EUR Million

Group Adj. EBITDA Margin %

2.4%

2.5%

2.1%

1.6%

+51%

60 YoY

48

36

34

24

12

Q3 24 Q3 25

9M 24 9M 25

52

We Achieved Record Units and Gross Profit across Merchant and Retail, Reflecting Accelerating Growth

Group Units Sold

K Units

240

+24%

YoY

650

220

219

550

507

200

450

180

350

177

160

250

140

150

Q3 24 Q3 25

9M 24 9M 25

Group Gross Profit EUR Million

Group GPU EUR

1,176

1,162

1,059 1,032

330

+38%

YoY

720

275 600

220

480

523

165

187

360

110

240

55

120

Q3 24 Q3 25

9M 24 9M 25

725

Highlights

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

Merchant Update

Our Merchant Business Delivered its Best Ever Quarter

Merchant Units Sold

K Units

+22%

YoY

210

+22%

YoY

500

550

190

192

480

453

170

360

158

150

240

130

120

Q3 24 Q3 25

9M 24 9M 25

Merchant Gross Profit (EUR Million) Merchant GPU (EUR)

€966

200

€914

185

+29%

YoY

150

144

100

Q3 2024 Q3 2025

Merchant Gross Profit (EUR Million) Merchant GPU (EUR)

€972

550

€904

535

+31%

YoY

400

410

250

9M 2024 9M 2025

Merchant Update

Our Active Merchant Base Has Reached Another New High

Buying Merchants on AUTO1.com

# Unique Buyers, K

30

31.1

+22%

YoY

25

25.5

20

15

Q3 2024 Q3 2025

Average Basket # Purchased Cars Per Quarter

6.0

6.2

6.2

5.5

5.0

4.5

Q3 2024 Q3 2025

Merchant Update

We are Rolling Out Merchant Financing to Two New Markets to Strengthen Partnerships with Our Dealers

+63%

YoY

Merchant Sales Financed EUR million

300

200

Merchant Financing Availability

Germany, France, Spain, Austria, the Netherlands, Belgium, Poland, Sweden*

Markets Launched Newly Added Markets

# of Units Financed per Quarter

K Units

+65%

YoY

30

33

20

20

10

Q3 2024 Q3 2025

100

Q3 2024 Q3 2025

PORTFOLIO BALANCE: €284 m

* Sweden launched early Q4 2025

Merchant Update

Our pan-European Sourcing Footprint Continues to Grow

Current Drop-off Network

Newly Added Drop-Off Locations Existing Drop-Off Locations

Number

of Branches

Q3 2024 486

Q3 2025 690

Branches

Added in Q3 2025

10

Retail Update

Autohero Again Accelerated Y-o-Y Unit Sales and Delivered Record Gross Profit

Autohero Units Sold

K Units

+42%

YoY

+35%

YoY

30 72

72.8

25

27.0

60

20

19.1

48

53.9

15

36

10

24

5

12

Q3 24 Q3 25

9M 24 9M 25

Retail Gross Profit (EUR Million) Retail GPU (EUR)

€2,664

80

€2,263

+68%

YoY

73

60

40

43

20

Q3 2024 Q3 2025

Retail Gross Profit (EUR Million) Retail GPU (EUR)

€2,594

€2,104

225

+67%

YoY

190

150

114

75

9M 2024 9M 2025

Retail Update

We Have Expanded Our In-house Refurbishment Capacity to Enable Continued Unit Growth

Sweden

Capacity: 4,500

The Netherlands I & II

Capacity: 3,500 / 4,100

Belgium

Capacity: 18,500

France

Capacity 25,000

Germany I

Capacity: 35,000

Germany II

Capacity: 27,000

Austria

Poland

Capacity: 18,000

Capacity: 18,000

Spain

Capacity: 21,000

Italy I & II

Capacity: 23,800 / 50,000

Total Capacity: 248,400

Retail Update

We are Constantly Expanding Our Fulfillment Network to Further Advance Customer Experience

Pick-up Locations

Express pick-up

Cars are available within 72h

Standard pick-up

Average Delivery Time

Days

11.9

Faster

YoY

20%

Q3 2024 Q3 2025

Average delivery time refers to the duration between order verification and the handover to the customer

Our Long Term Goals

15

Our Long Term Goals

We Are Progressing Towards Our Long Term Market Share and Margin Targets

220K

200K

180K

160K

140K

120K

100K

80K

60K

40K

20K

2.5 %

AUTO1

Market Share 1

10%

L-T AUTO1

Market Share Target

219

2014

2015 2016

2017

2018 2019 2020

2021 2022 2023

2024

Q3 2025

27.7

Million

Group Units Sold

€700

Billion

European Used Car Transactions2 European Used Car Market Size3

Group Adj. EBITDA EUR Million

Group Adj. EBITDA Margin %

Adj. EBITDA

Margin Target

5-9 %

3.0 %

100

2.1 %

2.2 %

2.4 %

50

1.2 %

1.4 %

2.1 %

58

37

42

52

0

0.5

0%

-4

17

21

34

-0.3 %

Q3 Q4 Q1 Q2 Q3 Q4

23 23 24 24 24 24

Q1 Q2

25 25

Q3 25

16

¹ Market share: 2024 (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.

Q3 2025 Financial Figures And FY 2025 Guidance

17

Financials

Q3 & 9M 2025 Financial Figures

Q3 2024

Q4 2024 Q1 2025

Q2 2025

Q3 2025

Q3 YoY 9M 2024

9M 2025

9M YoY

Units Sold Revenue (€m)

Average Selling Price (€) Gross Profit (€m) GPU* (€)

Opex pre SDI (€m)

o/w Employee Costs pre SDI (€m) o/w Marketing Expenses (€m) o/w Internal Logistics (€m) Adjusted EBITDA (€m) Adjusted EBITDA Margin

176,632

1,599.4

9,055

187.1

1,059

(152.8)

(69.8)

(34.4)

(22.8)

34.3

2.1%

183,083

1,699.9

9,285

201.3

1,096

(164.2)

(74.7)

(38.0)

(22.1)

37.2

2.2%

204,046

1,942.9

9,522

236.4

1,160

(178.3)

(80.8)

(42.0)

(24.7)

58.1

3.0%

200,498

1,970.6

9,828

231.2

1,148

(188.8)

(88.8)

(44.7)

(26.1)

42.3

2.1%

23.8%

32.8%

7.3%

37.7%

11.0%

34.7%

30.3%

52.0%

21.5%

51.2%

0.3 pp

506,690

4,572.0

9,023

523.4

1,032

(451.3)

(210.6)

(103.0)

(66.6)

72.1

1.6%

23.0%

32.1%

7.4%

38.6%

12.6%

26.9%

23.7%

35.0%

17.8%

111.4%

0.9 pp

*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 18

Financials

Q3 Demonstrates Strong Operating Leverage, Enabling Further Retail Brand Investment

EUR Million

+19.8

+6.7

-7.6

-1.6

-2.2

-5.6

0

Adj. EBITDA Q2 2025

Gross Profit

Unit Uplift

Gross Profit

GPU Uplift

Marketing Costs

Internal Logistics

Core Opex

Employee Cost pre SDI

Other

Adj. EBITDA Q3 2025

Financials

We Maintain a Strong Balance Sheet

Total Cash

EUR Million

No Corporate Debt

630

628

618

600

570

Q2 2025 Q3 2025

Inventory

EUR Million

Financed through our Inventory ABS Facility

900

879

822

760

620

Q2 2025 Q3 2025

Captive Finance Assets

EUR Million

Financed through our Captive Finance ABS Facilities

710

786

700

525

350

446

Consumer Loans

175

Q2 2025 Q3 2025

Financials

• Blended spread of 87 bps for 95% loan to value

• First ever public auto ABS issue combining loans from 2 different markets, Germany and Austria

• Strong oversubscription, transaction placed with top tier asset managers and banks

• "STS - Simple, transparent, standardised" verification

FinanceHero2 Opens Up More Flexible Refinancing by Uniquely Including Multiple Country Markets

• Strong external validation of our consumer finance portfolio performance

• Significant improvement to our net interest margin

• Significant reduction in capital intensity of consumer finance

• We are well placed to significantly grow in-house financing offer

2025 Guidance

Upgraded 2025 Guidance

Unit Guidance

Financial Guidance

Units Group

Units Merchant

Units Autohero

Up from: 772-817k

Up from: 680-720k

Up from: 92-97k

Gross Profit EUR 940-975m

Up from: EUR 890-940m

Adj. EBITDA EUR 180-195m

Up from: EUR 160-190m

Appendix

23

Long Term Growth Dynamics

Outstanding Growth Trajectory Since Foundation

Group Units Sold

K Units

+24%

YoY

219

220

200

180

177

160

140

120

100

80

60

40

20

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Q3 Q3

24 25

Gross Profit

EUR Million

+38%

YoY

258

240

220

200

187

180

160

140

120

100

80

60

40

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Q3 24

Q3 25

24

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 65% 4.4

4.3

4.6

4.2

3.8

4.4

4.3

4.4

60%

AT

57%

BE

60%

SE

52%

NL

63%

ES

69%

IT

56%

FR

Data source:

• Nielsen Brand Tracker, Q3 2025 (DE/ES/FR/IT: Sample size 3,000 per market, NatRep 18-64 age. NL/SE/BE/AT: Sample 25

  size 1,000 per market, NatRep 18-64 age. Data for the Portugal market is not available).

• Trustpilot, 28.10.2025

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

Our Flywheel

Our Flywheel Is In Full Effect And Continues To Drive Future Growth

Larger Selectio n

AUTO1

Financing

MORE

SELLERS

AI Pricing

Transaction Data

Matchmaking Technology

MORE

BUYERS

More Branches

Higher Purchase Prices

Merchant: Financials

Segment: Merchant (AUTO1.com)

Units Sold Revenue (€m)

Average Selling Price (€)

Gross Profit (€m)

GPU (€)

Differences may exist due to rounding

Q3 2024

157,582

1,284.2

8,150

144.0

914

Q4 2024

162,530

1,347.5

8,290

153.1

942

Q1 2025

182,062

1,560.5

8,571

180.3

990

Q2 2025

176,674

1,555.2

8,803

169.7

961

Q3 2025

Q3 YoY

21.6%

29.0%

6.1%

28.6%

5.7%

Q3 QoQ

8.5%

6.5%

(1.8%)

9.1%

0.6%

9M 2024

452,805

3,690.4

8,150

409.3

904

9M 2025

9M YoY

21.5%

29.3%

6.4%

30.7%

7.5%

Retail: Financials

Segment: Retail (Autohero)

Q3 2024

Q4 2024

Q1 2025 Q2 2025

Q3 2025

Q3 YoY

Q3 QoQ

9M 2024

9M 2025

9M YoY

Units Sold Revenue (€m)

Average Selling Price (€) Gross Profit (€m) GPU* (€)

19,050

315.2

16,545

43.1

2,263

20,553

352.5

17,150

48.2

2,318

21,984

382.4

17,395

56.1

2,569

23,824

415.3

17,433

61.5

2,538

41.7%

48.6%

4.9%

68.1%

17.7%

13.3%

12.7%

(0.5%)

17.9%

5.0%

53,885

881.6

16,361

113.9

2,104

35.1%

43.6%

6.3%

66.9%

23.3%

*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 30

Captive Finance

Captive Finance Non-Recourse Funding

AUTO1 Group

Sell Loan Assets Pay for Receivables

Junior Notes / Risk Retention

Servicing Fees + Excess Interests + Final Collections

Dutch Foundation

100%

Financing SPVs

• Autohero Funding

• AUTO1 Car Funding

  • Merchant Finance

  • Finance Hero

    Senior + Mezzanine Notes

    Fixed Interest + Repayment

    External Lenders

• Banks

• Asset Management

• Funds

  Interest + Principal

  Consumers

  Interest + Principal

  Merchants

  • AUTO1 Consolidates Financing SPVs as it has control and strong economic exposure

  • AUTO1 has no legal ownership of SPVs and no obligation to extend lenders

  • Only recourse of External Lenders is against SPV and the underlying loan receivable

  • Captive Finance financial liabilities are therefore not viewed part of net debt / cash by AUTO1

  • Downside exposure as high defaults mean SPVs won't repay all Notes, exposing Junior Notes to non-repayment

  • Base case / upside exposure from excess interest

31