Future PlcLSE: FUTR

26 September 2025 / Investor webinar (link to registration in the RNS) Slides

· Issued by Future Plc


26 September 2025

Delivering on today,

whilst building for tomorrow:

A look into new products that drive the platform effect

Investor webinar



Introduction



7

Futurg

We are a global specialist media group reaching a diversified intent-led audience of over 475m, powered by tech and data.

Our content is platform-agnostic and reaches audiences in multiple ways: websites, magazines, events, social platforms, apps.

We monetise our audiences through:



Magazines

(Newstrade & subscriptions)

Advertising

HY 2025 REVENUE

eCommerce afffiliates

(products & price comparison)

3

Market leading brands





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Kevin Li Ying

CEO

Kevin joined Future in 2004 and was appointed CEO in March 2025. He was previously EVP B2C and before that, Kevin was Group Chief Technology & Product Officer and Chief Technology Officer for the Group

4

Sharjeel Suleman

CFO

Sharjeel joined Future in September 2024 as CFO. Prior to Future, Sharjeel held various senior finance roles at ITV and was most recently CFO at ITV Studios

Rob George

Senior Vice President Product & eCommerce

Rob joined Future in January 2023 as SVP of eCommerce and has since broadened his remit to include Product. Prior to Future, Rob held senior positions at Sainsbury's and Argos. Rob is a member of the Executive Leadership Team (ELT)

Hillary Kerr

Senior Vice President Women and Luxury

Hillary joined Future in June 2022 through the acquisition of WhoWhatWear, a brand she co-founded. She joined as chief content officer for WhoWhatWear and since has extended her remit to include all women's and luxury brands such as Marie Claire, Wallpaper* and Country Life. Hillary is a member of the Executive Leadership Team (ELT)

Dave Clutterbuck

Managing Director Knowledge & Sports



Dave re-joined Future in 2019 and has worked in media across a range of sectors for almost 30 years including stints in Hong Kong and Sydney, Australia. His role has been extended to cover a wide portfolio of brands including FourFourTwo, Golf Monthly, Live Science and Space.com



Winning in n chnnging lnndscnpg


Our strntggQ is simplg nnd timglgss

Portfolio



Monetisation



Audience



Objectives

Brands & content



Tech & data



Enablers

Growth mindset



Innovation



Agility & rigorous execution



Powered By our DNA



6

Our lnndscnpg is chnnging

From this…

SEO

To this…

Perplexity

Gemini

Google Discover

Open AI

SEO

Claude

What's changing?

1

Abundance of content sources

2

Speed of change

3

Lack of trust/ fake news/ biased reviews



Claude

Continue to be the best at SEO, optimising thOrpoenuAgI h AI

by adding GEO/AIO* as areas of expertise to drive new audience at scale



7

*GEO: Generative Engine Optimisation; AIO: AI Optimisation

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What does not change, is the need for:

1

2

3

Contgnt

Expgrt ndvicg

Engnggmgnt

Building communitigs

Trust

Pgoplg trust pgoplg

Delivering what our audiences need in a platform-agnostic way



8

Thg right to plnQ, thg right to win

Key success factors

1

2

3

Trusted, expert, quality content Powerful global brands

Effficient tech stack & large ffirst-party data

4

Future DNA (growth mindset, innovation, agility & execution)

Direct audience engagement

Track record

Scalability driving strong financial characteristics of high margin and strong cash

Enhancing the platform effect through scale and new products



9

Crgnting our Futurg

What we are doing

Using our assets (brands, tech) to launch an initial set of new products



Share our reach and tech expertise with content creators in exchange of new audience and revenue

Leveraging our brand authority and trust coupled with ecom tech expertise to drive revenue growth

Scale audience engagement resulting in recurring revenue and build data from unknown users to known users

Building for tomorrow



10

Scnling our own gcosQstgm

More often

More effficient

PLATFORM EFFECT

More engaged

More valuable

Current Future revenue streams

Current Future revenue streams

More users



The PLATFORM EFFECT is about value creation where 1+1= 3 or 4.

The Platform Effect is all about driving audiences and using our tech stack to monetise it effectively, through new products, creating scale and operating leverage.

Delivering on today whilst building for tomorrow



11

Pnrtngring with Contgnt crgntors




12



The problem to solve

Audience behaviour is changing:

  • Attention moving to creators

  • Only top 1% of creators succeed

    How we'll win

  • Showcase vetted creators

  • Strong brands, trusted voices

  • Scale via our tech stack

What this delivers

More Users

13

Access younger, social audiences

More Engaged Broaden & deepen content coverage

More Effficient Scale content as 100% variable cost





More Users

Access younger, Social audiences

More Engaged Broaden & deepen content coverage

More Effficient Scale content as 100% variable cost

14

New demographics, Google Zero

Fashion, interior design, gaming etc.

Platform effect, Revenue share



Futurg of gCommgrcg




15



The problem to solve

Online shopping is broken:

  • High overwhelm, low trust

  • AI disruption of search

    How we'll win

  • Curated, expert advice

  • Engaging shopping experience

  • Wherever shoppers are

What this delivers

More Users

16

Commerce for our whole audience

More Engaged Trust & experience drive engagement

More Valuable Grow intent, lifetime value & loyalty





More Users

Commerce for our whole audience

More Engaged Trust & experience drive engagement

More Valuable Grow intent, lifetime value & loyalty

17

Social, email, video, direct

Human curation, high trust, intuitive

Wishlist, alerts, rewards



Mgmbgrships




18



The problem to solve

  • Google's audience, not ours

  • Generic user experience

  • First-party data is critical

    How we'll win

  • Compelling free membership

  • Engaging features & rewards

  • Data-driven personalisation

What this delivers

More Users

19

Scale, direct, known audience

More Engaged Drive habitual, repeat visits

More Valuable Power monetisation with first-party data





More Users

Scale, direct, known

audience

More Engaged Drive habitual, repeat visits

More Valuable Power monetisation with first-party data

20

Brand aligned, CRM activated

Tailored, sticky features

Better data, higher yield



SummnrQ


More users, more often

Today's revenue

THE PLATFORM EFFECT

streams

More valuable



More engaged

More effficient

Scnling our own gcosQstgm

Each initiative complements each other, adding scale, data and operating leverage



22

Dglivgring growth with nssgt light modgl

Goal

Platform agnostic

More users, more often More engaged More valuable More effficient

AI Audience

Partnerships with content creators

Data platform (B2C & Go.Compare)

AI optimisation

Collab

Strategic initiatives

Build brands

Memberships in Go.Compare

Personalisation

B2B Smartbrief 2.0

eCommerce

Signal

Digital subscriptions

Operating model

Memberships in B2C

B2B uniffied data platform

Future+

KPI

Sessions per user

Page views per session

Revenue per session

Cost savings



23

Scnling our own gcosQstgm

Our right to win

Our platform effect

is about value creation where 1+1= 3 or 4

1

More users, more often

Today's revenue

THE PLATFORM EFFECT

Brands

streams

More valuable



Scale & reach

2

Data

More engaged

More effficient

Tech

Asset light & Strong balance sheet

3

Tech stack & expertise

Delivering on today whilst building for tomorrow



24



Q&A




Thnnfi Qou for nttgnding