emeis: Revenue and Business Activity as of the End of March 2026

About this update from Emeis

Recovery momentum continues in the first quarter Occupancy rates rose across all regions to 89.1% (up 2.1 points on average) Organic revenue growth of +6.3% in the first quarter PUTEAUX, France, May 06, 2026 --( BUSINESS WIRE )--Regulatory News: emeis (Paris:EMEIS): Further increase in occupancy rates : continuation of the trend observed over the past two years Organic revenue growth of +6.3% as of end-March (+4.8% in France, +7% internationally) Guidance and outlook confirmed About emeis With nearly 84,600 experts and professionals in the fields of health, care and support for the frail, emeis is present in 19 countries and covers five business lines: Mental health clinics, medical care and rehabilitation clinics, nursing homes, homecare services and residences. Every year, emeis welcomes nearly 290,000 residents, patients and beneficiaries. emeis is committed to meeting one of the major challenges facing our society: the growing number of people made vulnerable by accidents, old age and mental illness. In June 2025, emeis became a mission-driven company, incorporating four commitments in its Articles of Association: striving to change the way one looks at the most vulnerables and those close to them, to ensure they are truly included ; contributing to the fair recognition and attractiveness of our care professions ; making care for the most vulnerable a major contribution to local social cohesion ; and innovating to foster a planet-friendly care that respects living things . emeis , 50.2% owned by Caisse des Dépôts, CNP Assurances, MAIF and MACSF Epargne Retraite, is listed on Euronext Paris (ISIN: FR001400NLM4) and is a member of the SBF 120 and CAC Mid 60 indices. Website: www.emeis.com As a preliminary note, it should be noted that, as part of its financial reporting framework, the Group is changing the geographic breakdown of its activities effective with this press release to better align with emeis’s strategy of focusing on European markets. Going forward, emeis will report on the following breakdown 2 : 1- Revenue: favorable momentum continues As of the end of March 2026 , the Group’s revenue stood at €1,509 million, up +6.3% on an organic basis , continuing the trend from 2025 (+6.1% for the full 2025 fiscal year), thereby demonstrating that the favorable revenue momentum is continuing. This momentum is particularly strong for nursing homes (+7% organic growth) , with clinics also posting strong performance (+4.9% organic growth) . While France continues on a positive trajectory with organic revenue growth of +4.8%, growth is even more pronounced internationally (+7.3% organic) , particularly in the Netherlands, Germany, and Spain. This increase reflects a combination of three factors, all of which are trending positively: On a current scope basis , revenue grew by +4.4%, impacted by the effect of the disposals of operations in the Czech Republic (as of the end of March 2025) as well as French senior living operations in early November 2025. In the nursing home segment (nearly 2/3 of the Group’s business), organic revenue growth reached +7.0% as of the end of March, driven by a significant increase in the average occupancy rate (+2.3 points), a favorable pricing effect, and the ramp-up of new facilities. This trend marks the continuation of a marked recovery in this segment in 2025, even as momentum was already trending favorably in 2024. In the first quarter, this growth also reflects the benefits of enhanced health protocols that helped contain a particularly virulent flu outbreak. The Clinics segment (54% SMR, 33% psychiatric, and 13% home care) also posted strong momentum, with revenue up +4% yoy (and +4.9% like-for-like). This improvement, particularly in France, benefited from: Internationally, the first quarter followed the same very positive trend as in previous quarters, with an average organic growth rate of +7.3 %. Performance was solid, with organic growth rates approaching or even exceeding +8% in Germany, Central Europe, and Southern Europe, driven by strong pricing effects (particularly in Germany), an increase in occupancy rates (especially in Spain and Belgium, but also in Italy and Poland), as well as the ramp-up of recently opened facilities (notably in the Netherlands and, to a lesser extent, in Portugal and Spain). In France: 2- Occupancy rates: continued improvement across all regions The Group’s average occupancy rate rose by +2.1 pts yoy, reaching 89.1% in the first quarter of 2026. This improvement marks the continuation of the steady recovery that has been underway for more than two years now, driven by ongoing efforts to improve the quality of care, marketing processes, and the development of a segmented offering that closely aligns with the needs of residents and patients. For reference, the Group’s average occupancy rate stood at 87% in the first quarter of 2025 and 85% in the first quarter of 2024, representing a steady increase of +2 pts per year. The recovery is driven in particular by nursing homes , where the occupancy rate reached 88.7% at the end of March , up +2.3 pts yoy . It also rose by +1.1 pt in clinics, now reaching 90.3%. The trends that gradually emerged in 2024 and 2025 are thus continuing into 2026 across all of emeis’s markets. 3- €1 billion in disposals finalized in the first quarter or under agreement as of end-March A total of €1 billion in disposals were finalized during the first quarter or were secured as of March 2026. This volume reflects almost exclusively the progress of transactions already secured as of December 2025, including: Update on the disposal process for operations in the Latam region As a reminder, emeis has initiated a process aimed at the disposal of all of its operations in Latin America 6 . These disposals are expected to be completed gradually, primarily during 2026, and to a lesser extent in 2027. Now that the disposal plan has been significantly exceeded, the Group’s financial structure has been substantially and sustainably strengthened, and emeis ’s operational performance confirms a positive trend quarter after quarter, the Group intends to be particularly selective regarding potential further disposals in the coming years. 4- Outlook for 2026 and medium-term outlook The medium-term outlook for the Group’s key markets is particularly promising for care and support services for the most vulnerable individuals. The population of seniors aged 85 and older is expected to grow by more than 30% within the next 10 years. The structural supply shortage in the nursing home markets will consequently worsen each year, reaching a shortage of approximately 550,000 beds by 2030 and 800,000 beds by 2035 across the five main EMEIS markets. To illustrate the scale of this future supply shortage, the French market currently has a total of 650,000 beds. The prevalence of mental health disorders and chronic diseases also continues to rise significantly, creating yet another risk of insufficient supply in the coming years. This situation of major shortage provides the emeis Group with solid visibility for the coming years, with supply matching rapidly growing demand. In the medium term, emeis confirms its expectations through 2028 , anticipating that the recovery trajectory observed since mid-2024 and largely confirmed in 2025 will continue. In the shorter term, for 2026 : the trend observed in 2025 will continue, driven by the combined effects of a recovery in occupancy rates, the capture of favorable pricing effects, and better control of operating expenses. It should be noted that emeis ’ strategy has helped reduce the Group’s sensitivity to potential inflationary pressures, should these arise in an uncertain global geopolitical context. The Group has thus been able to hedge nearly 90% of its energy expenses (electricity and gas) for 2026, and nearly 60% for 2027, based on rates lower than those in 2025. For the record, electricity and gas expenses represent nearly 2.5% of the Group’s revenue in 2025. Less than 40% of these expenses correspond directly to energy consumption and are therefore linked to market trends (the remainder corresponding to fixed transmission charges or taxes). The direct impact of rising energy prices is therefore very limited on the Group’s margin in 2026. In addition, emeis has entered into debt hedging instruments. To date, nearly 30% of the Group’s debt is fixed-rate or hedged. Consequently, emeis is currently in a position to confirm that it is maintaining its objectives for the fiscal year, as specified here. DISCLAIMER This document contains forward-looking information associated with risks and uncertainties regarding the Group’s future growth and profitability, which may result in actual results differing significantly from those indicated in the forward-looking information. These risks and uncertainties are related to factors that the Company cannot control or accurately estimate, such as future market conditions. The forward-looking information contained in this document constitutes expectations regarding a future situation and should be considered as such. Subsequent events or actual results may differ from those described in this document due to a number of risks or uncertainties described in Chapter 2 of the Company’s 2025 Universal Registration Document, available on the Company’s website and that of the AMF ( www.amf-france.org ). APPENDICES 1- Revenue by region based on the previous segmentation For the record, the previous segmentation grouped countries by region as follows: - Northern Europe: Germany, the Netherlands, Belgium, and Luxembourg - Central Europe: Austria, Switzerland, Slovenia, and Croatia - Southern Europe and Latin America: Spain, Italy, Portugal, and Latin America - Other countries: Ireland, Great Britain, Poland, and China 2- Occupancy rates by region based on the previous segmentation   View source version on businesswire.com: https://www.businesswire.com/news/home/20260506943829/en/ Contacts Press contacts Isabelle HERRIER NAUFLE Director of Media Relations & E-Reputation 07 70 29 53 74 [email protected] IMAGE 7 Charlotte LE BARBIER 06 78 37 27 60 [email protected] Investor Relations Samuel HENRY-DIESBACH Director of Investor Relations & Capital Markets [email protected] Shareholder Toll-Free Number 0 805 480 480 NEWCAP Dusan ORESANSKY 01 44 71 94 94 [email protected]

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