GL events : Interim financial report 2026

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2026 INTERIM FINANCIAL REPORT CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AT 30 JUNE 2026 - CONSOLIDATED STATEMENT OF FINANCIAL POSITION 3 - INCOME STATEMENT 4 - CASH FLOW STATEMENT 5 - STATEMENT OF CHANGES IN EQUITY 6 - NOTES TO THE ANNUAL FINANCIAL STATEMENTS Note 1 Significant accounting policies and basis of consolidation 7 Note 2 Information on consolidation 8 Note 3 Segment reporting 11 Note 4 Balance sheet information 12 Note 5 Income statement information 18 Note 6 Off-balance sheet commitments 19 Note 7 Transactions with related parties 20 INTERIM MANAGEMENT REPORT - MATERIAL EVENTS AND OPERATING HIGHLIGHTS OF THE 2026 FIRST HALF 21 - SUBSEQUENT EVENTS 26 - OUTLOOK AND UNCERTAINTIES 26 RESPONSIBILITY STATEMENT 27 STATUTORY AUDITORS' REPORT 28 Translation disclaimer: This document is a free translation of the original French language version of the interim financial report (rapport semestriel) provided solely for the convenience of English-speaking readers. This report should consequently be read in conjunction with, and construed in accordance with French law and French generally accepted accounting principles. While all possible care has been taken to ensure that this translation is an accurate representation of the original French document, this English version has not been audited by the company's statutory auditors and in all matters of interpretation of information, views or opinions expressed therein, only the original language version of the document in French is legally binding. As such, the translation may not be relied upon to sustain any legal claim, nor be used as the basis of any legal opinion and GL events expressly disclaims all liability for any inaccuracy herein . > CONSOLIDATED STATEMENT OF FINANCIAL POSITION - BALANCE SHEET (€ thousands) Notes 30/06/2026 31/12/2025 Goodwill 4.1 844,708 827,651 Other intangible assets 4.1 69,314 43,091 IFRS 16 concessions and leases 4.1 597,777 549,583 Land and buildings 4.2 371,868 348,169 Other tangible fixed assets 4.2 74,894 68,649 Rental equipment assets 4.2 155,256 155,526 Financial assets 4.3 64,426 62,234 Equity-accounted investments 4.4 4,603 3,548 Deferred tax assets 47,614 37,141 NON-CURRENT ASSETS 2,230,458 2,095,591 Inventories & work in progress 62,081 54,421 Trade receivables 4.5 356,286 268,194 Other receivables 4.6 369,499 267,808 Cash and cash equivalents 4.10 626,635 579,986 CURRENT ASSETS 1,414,500 1,170,408 TOTAL 3,644,958 3,266,000 (€ thousands) Notes 30/06/2026 31/12/2025 Share capital 4.7 119,931 119,931 Reserves and additional paid in capital 4.7 589,576 532,838 Translation adjustments 4.7 (213,639) (256,314) Net profit 53,834 81,736 Shareholders' equity attributable to the Group 549,703 478,191 Non-controlling interests 146,664 152,807 TOTAL SHAREHOLDERS' EQUITY 696,367 630,998 Provisions for retirement severance payments 4.8 14,199 13,884 Deferred tax liabilities 12,483 8,133 Financial debt 4.10 836,167 750,824 Non-current IFRS 16 debt on concessions and leases 4.10 589,024 540,082 NON-CURRENT LIABILITIES 1,451,873 1,312,924 Current provisions for contingencies and expenses 4.9 19,329 17,152 Current financial debt 4.10 298,256 296,299 Current IFRS 16 debt on concessions and leases 4.10 50,475 47,418 Current bank facilities and overdrafts 4.10 5,024 4,141 Advances and instalments 85,121 55,913 Trade payables 436,689 362,892 Tax and employee-related liabilities 221,067 199,214 Other liabilities 4.11 380,757 339,048 CURRENT LIABILITIES 1,496,719 1,322,078 TOTAL 3,644,958 3,266,000 (€ thousands) Notes 30/06/2026 30/06/2025 Revenue 3 965,329 886,658 Purchases consumed 5.1 (44,941) (43,043) External charges 5.1 (520,499) (472,195) Taxes and similar payments (other than on income) (12,785) (10,327) Personnel expenses and employee profit sharing (210,920) (190,280) Depreciation, amortisation and provisions (67,317) (59,842) Other current operating income 5.2 7,960 3,493 Other current operating expenses 5.2 (488) (2,469) Operating expenses (848,991) (774,662) CURRENT OPERATING INCOME 3 116,338 111,996 Other operating income and expenses 5.3 (2,495) (5,862) OPERATING PROFIT 113,843 106,134 Net interest expense 5.4 (24,474) (24,458) Other financial income and expenses 5.4 (1,512) (1,251) NET FINANCIAL EXPENSE 5.4 (25,986) (25,709) EARNINGS BEFORE TAX 87,857 80,425 Income tax 5.5 (25,059) (21,939) NET PROFIT /(LOSS) OF CONSOLIDATED COMPANIES 62,798 58,486 Share of income from equity affiliates 4.4 74 240 NET PROFIT / (LOSS) 62,872 58,726 Attributable to non-controlling interests 9,038 8,447 NET PROFIT / (LOSS) ATTRIBUTABLE TO GROUP SHAREHOLDERS 53,834 50,279 (€ thousands) Notes 30/06/2026 30/06/2025 NET PROFIT / (LOSS) 62,872 58,726 Hedging instruments (1,548) 1,078 Other comprehensive income that may be recycled subsequently to profit and loss (1,548) 1,078 Actuarial gains and losses (167) 632 Gains and losses from the translation of financial statements of foreign operations 46,680 (48,378) Other comprehensive income that may not be recycled subsequently to profit and loss 46,512 (47,746) TOTAL COMPREHENSIVE INCOME 107,836 12,057 Total comprehensive income attributable to non-controlling interests 13,047 (2,772) Comprehensive income attributable to equity holders of the parent 94,789 14,829 (€ thousands) 30/06/2026 30/06/2025 31/12/2025 Cash and cash equivalents at the beginning of the year 575,844 529,893 529,893 CASH FLOWS FROM OPERATING ACTIVITIES Net profit 53,834 50,279 81,736 Amortisation, depreciation and provisions 37,253 34,334 75,444 Other non-cash income and expenses 3,937 6,021 3,788 Gains and losses on disposals of fixed assets 1,041 60 4,248 Non-controlling interests in consolidated subsidiaries' net income 9,038 8,447 9,621 Share of income from equity affiliates (74) (240) (611) Cash flow 105,029 98,901 174,227 Cost of net financial debt 24,474 24,458 46,200 Tax expense (including deferred taxes) 25,059 21,939 35,269 Cash flow before net interest expense and tax 154,562 145,297 255,696 Income tax payments (35,564) (6,270) (27,121) Change in inventories (8,603) (750) (1,610) Change in trade receivables (52,154) (79,363) (61,756) Change in trade payables (8,486) 41,325 66,787 Other changes 1,229 (5,946) 9,634 Change in working capital requirements (68,014) (44,735) 13,055 Net cash provided by (used in) operating activities (A) 50,984 94,292 241,630 CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of intangible fixed assets (3,014) (5,023) (9,870) Acquisition of tangible assets and capitalised rental equipment (27,486) (23,540) (73,536) Disposals of tangible and intangible assets 36 1,124 2,391 Investment grants received 277 15 262 Acquisitions of financial assets (3,312) (1,697) (508) Disposal of investments and other non-current assets 786 539 Net cash flows from the acquisition and disposal of subsidiaries (48,189) (17,473) (22,334) Net cash provided by (used in) investing activities (B) (80,901) (46,595) (103,056) NET CASH FROM FINANCING ACTIVITIES Dividends paid to shareholders of the parent (26,398) Dividends paid to non-controlling shareholders of consolidated companies (748) (4,999) (7,411) Other changes in equity (3,096) (1,142) Change in borrowings 86,449 934 8,714 Cost of net financial debt (24,474) (24,458) (46,200) Net cash provided by (used in) financing activities (C) 58,131 (28,522) (72,438) Effect of exchange rate fluctuations on cash (D) 17,553 (19,988) (20,184) Net change in cash & cash equivalents (A + B + C + D) 45,766 (813) 45,951 Cash and cash equivalents at year-end 621,610 529,080 575,844 (€ thousands) Share capital Additional paid-in capital Reserves Comprehensive income Total Group controlling Total Equity at 31/12/2024 119,931 273,447 29,365 37,535 460,279 146,841 607,120 Capital increase 0 0 0 0 0 Comprehensive income appropriation for N-1 37,535 (37,535) 0 0 Distribution of dividends (26,398) (26,398) (7,320) (33,719) Cancellation of treasury shares (2,993) (2,993) (2,993) Stock option expenses 5,462 5,462 5,462 Change in ownership interests in subsidiaries (25,885) (25,885) 16,782 (9,103) Other changes 3,339 0 3,339 (565) 2,775 Comprehensive income 64,387 64,387 (2,932) 61,455 Equity at 31/12/2025 119,931 273,447 20,426 64,387 478,191 152,807 630,998 Capital increase 0 0 Comprehensive income appropriation for N-1 64,387 (64,387) 0 0 Distribution of dividends (29,983) (29,983) (7,109) (37,092) Cancellation of treasury shares (3,146) (3,146) (3,146) Stock option expenses 3,057 3,057 3,057 Change in ownership interests in subsidiaries 4,712 4,712 (12,423) (7,711) Other changes 2,083 2,083 342 2,425 Comprehensive income 94,789 94,789 13,047 107,836 Equity at 30/06/2026 119,931 273,447 61,536 94,789 549,703 146,664 696,367 Attributable to the Group Non- interests NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF CONSOLIDATION The Board of Directors, at its meeting held on 22 July 2026, reviewed and approved the condensed consolidated interim financial statements as of 30 June 2026. The interim consolidated financial statements of GL events and its subsidiaries ("The Group") were prepared in compliance with IAS 34. As condensed financial statements, they do not include all information required by IFRS to produce annual financial statements and as such must be read in conjunction with the consolidated annual financial statements of the Group prepared in accordance with IFRS (International Financial Standards), as adopted by the European Union on 31 December 2025. The accounting methods applied are identical to those used to prepare the consolidated financial statements for the period ended 31 December 2025, with the exception of corporate income tax. The tax expenses are calculated for the interim consolidated financial statements by applying to profit for the period the average income tax rate estimated for the fiscal year in progress for each entity or the tax group. The Group adopted the following standards, amendments and interpretations which entered into force on 1 January 2026: Amendment to IFRS 9 and IFRS 7: Classification and Measurement of Financial Instruments This text has no impact on the Group's consolidated financial statements. The Group has not opted to apply in advance standards and interpretations in issue not yet mandatory for periods beginning on or after 1 January 2026. Global Minimum Tax On 1 January 2024, the global minimum tax (GMT) on multinationals came into force in the European Union. This levy taxes the profits of companies at a minimum rate of 15%, payable by the holding company, provided they are owned by a Group with annual revenues of over €750 million. IAS 34 has been applied to the interim financial statements on the basis of legislation published in the countries where the Group operates, and includes the global minimum tax charge. IAS 29 - Financial Reporting in Hyperinflationary Economies Since April 2022, Turkey has been considered as a hyperinflationary economy based on IAS 29 criteria. Based on this standard, the income statements of Turkish companies for H1 2026 were translated at the closing rate vs. the average rate, and non-cash assets and liabilities were remeasured according to the consumer price index. IFRS 16 - L EASES The standard consists of restating as depreciable (right-of-use) assets and financial liabilities, all leases with a term of more than 12 months and where the underlying asset has a value of more than €5,000. Its application, for GL events Group, concerns mainly real estate leases and public service delegations ( délégations de service public ) and concessions for Venues. The terms adopted for the lease/concession agreements in progress were as follows: Concession agreements: remaining term of the agreements, Commercial leases with a fixed term: the remaining lease term up to the end of the fixed period, with renewal options taken into account where the remaining lease term is less than five years in order to determine a lease term of at least five years. For contracts with residual terms of less than 5 years with an extension option by the lessee, an extension period is restated for IFRS 16. The variable portion of these payments and related services are not included in the restated amount. In accordance with the standard, the discount rates adopted for the measurement of assets are those that the Group companies would have adopted individually by taking into account the maturity of the leases and the standard local financing rates (2% to 10%). For the record, this standard had no impact on the calculation of the financial covenants. Loan agreements provide that the financial ratios must be calculated excluding IFRS 16-related debt. NOTE 2 CONSOLIDATED COMPANIES Changes in the Group's structure in the year impacting the consolidated financial statements were as follows: Companies Business Country Date of consolidation or deconsolidation Antares Venues France Acquisition · Fully consolidated as of 1 April 2026 Arena Grand Paris Venues France Acquisition · Fully consolidated as of 1 April 2026 Centre culture et Congrès de Montluçon Venues France Acquisition · Fully consolidated as of 1 April 2026 Docks Café Venues France Acquisition · Fully consolidated as of 1 April 2026 La Chaudronnerie Venues France Acquisition · Fully consolidated as of 1 April 2026 Le Galaxie Venues France Acquisition · Fully consolidated as of 1 April 2026 Le Millesium II Venues France Acquisition · Fully consolidated as of 1 April 2026 Le Phare Chambery Venues France Acquisition · Fully consolidated as of 1 April 2026 Le Pin Galant Venues France Acquisition · Fully consolidated as of 1 April 2026 Les Arenes de Metz Venues France Acquisition · Fully consolidated as of 1 April 2026 Les espaces culturels du Silo d'arenc II Venues France Acquisition · Fully consolidated as of 1 April 2026 Mach 36 Venues France Acquisition · Fully consolidated as of 1 April 2026 Macon evenement Venues France Acquisition · Fully consolidated as of 1 April 2026 Narbonne Arena Venues France Acquisition · Fully consolidated as of 1 April 2026 Pleyel Gestion Venues France Acquisition · Fully consolidated as of 1 April 2026 Red Bus Venues France Acquisition · Fully consolidated as of 1 April 2026 Sceneo Venues France Acquisition · Fully consolidated as of 1 April 2026 Seine Zenith Rouen Venues France Acquisition · Fully consolidated as of 1 April 2026 S-PASS Developpement Venues France Acquisition · Fully consolidated as of 1 April 2026 S-PASS Théatre Spectacles Evenements Venues France Acquisition · Fully consolidated as of 1 April 2026 Sté exploit Parc Exposition Le capitole Venues France Acquisition · Fully consolidated as of 1 April 2026 Zenith de Dijon Venues France Acquisition · Fully consolidated as of 1 April 2026 Zenith de Limoges Venues France Acquisition · Fully consolidated as of 1 April 2026 Zenith de Nancy Venues France Acquisition · Fully consolidated as of 1 April 2026 Zenith de Strasbourg Venues France Acquisition · Fully consolidated as of 1 April 2026 Centre de Congrès de Saint Etienne Venues France - · Deconsolidated on 30 June 2026 Because changes in Group structure have not had any material effect on the consolidated financial statements, no pro forma information has been provided in consequence. Companies Location of registration or incorporation Company trade registration number Controlling interest (%) Ownership interest (%) 2026 2025 2026 2025 Parent company GL events Lyon 351571757 French subsidiaries Adecor Chilly Mazarin 378 230 569 100.00 100.00 100.00 100.00 FC Altitude Expo Mitry Mory 379 621220 100.00 100.00 100.00 100.00 FC Antares (1) Le Mans 414 231639 100.00 100.00 FC Arena Grand Paris (1) Bobigny 951412 543 100.00 100.00 FC Auvergne Evénements Cournon d'Auvergne 449 076 900 72.12 72.12 72.12 72.12 FC B4 event Lyon 752 638 593 100.00 100.00 100.00 100.00 FC Bleu Royal Paris 750 800 625 100.00 100.00 100.00 100.00 FC Food Events (ex Brasserie du Lou) (2) Lyon 510 029 648 90.89 76.89 90.89 76.89 FC Brelet Centre Europe Strasbourg 437 742 059 100.00 100.00 100.00 100.00 FC Caen Evenements Caen 844 876 367 100.00 100.00 100.00 100.00 FC Centre culture et Congrès de Montluçon (1) Montluçon 831087 242 100.00 100.00 FC Créatifs Live 389 120 049 100.00 100.00 100.00 100.00 FC Décorama Chilly Mazarin 612 036 996 100.00 100.00 100.00 100.00 FC Docks Café (1) Le Havre 420 834 848 100.00 100.00 FC Euro Négoce Live 382 693 745 100.00 100.00 100.00 100.00 FC Expo Cinq Venues 482 354 495 100.00 100.00 100.00 100.00 FC Fonction Meubles Chilly Mazarin 378 230 676 100.00 100.00 100.00 100.00 FC GL events Audiovisual & Power Brignais 317 613 180 100.00 100.00 100.00 100.00 FC GL events Bake Lyon 942 204 777 75.00 75.00 75.00 75.00 FC GL events Cité Centre de Congrès Lyon New Co Lyon 840 400 188 100.00 100.00 100.00 100.00 FC GL events Equestrian Sport (2) Lyon 453 100 562 91.13 76.85 91.13 76.85 FC GL events Exhibitions Opérations Lyon 380 552 976 100.00 100.00 100.00 100.00 FC GL events GPE Lyon 853 712 651 100.00 100.00 100.00 100.00 FC GL events Live Brignais 378 932 354 100.00 100.00 100.00 100.00 FC GL events Live Côte d'Azur Mouans Sartoux 403 427 776 100.00 100.00 100.00 100.00 FC GL events Live Grand Ouest Lyon 878 975 002 100.00 100.00 100.00 100.00 FC GL events Montreuil Montreuil 919 059 006 100.00 100.00 100.00 100.00 FC GL events Parc expo Metz Métropole Metz 493,152 318 100.00 100.00 100.00 100.00 FC GL events Scarabée Roanne 499 138 238 100.00 100.00 100.00 100.00 FC GL events SI Brignais 480 214 766 100.00 100.00 100.00 100.00 FC GL events Sport (2) Lyon 450 511209 91.13 76.85 91.13 76.85 FC GL events Support Brignais 480 086 768 100.00 100.00 100.00 100.00 FC GL events Venues Lyon 495 014 524 100.00 100.00 100.00 100.00 FC GL Exhibitions Lyon 879 428 258 100.00 100.00 100.00 100.00 FC GL Exhibitions Industrie Lyon 879 104 248 100.00 100.00 100.00 100.00 FC GL Mobilier Brignais 612 000 877 100.00 100.00 100.00 100.00 FC Hall Expo Brignais 334 039 633 100.00 100.00 100.00 100.00 FC Jaulin Chilly Mazarin 335 187 605 100.00 100.00 100.00 100.00 FC La Chaudronnerie (1) Marseille 825 031107 100.00 100.00 FC Le Galaxie (1) Metz 885 013 052 80.00 80.00 FC Le Millesium II (1) Reims 853 246 205 80.00 80.00 FC Le Phare Chambery (1) Chambery 504 801986 100.00 100.00 FC Le Pin Galant (1) Paris 943 620 559 100.00 100.00 FC Les Arenes de Metz (1) Metz 442 236 089 100.00 100.00 FC Les espaces culturels du Silo d'arenc II (1) Marseille 903 454 114 100.00 100.00 FC Live! by GL events Paris 780 153 862 100.00 100.00 100.00 100.00 FC Locabri Brignais 304 453 160 100.00 100.00 100.00 100.00 FC Lou Academy (2) Lyon 844 349 464 90.89 76.89 90.89 76.89 FC Lou Rugby (2) Lyon 432 723 559 90.89 76.89 90.89 76.89 FC Lou Support - Venues (2) Lyon 844 374 751 90.89 76.89 90.89 76.89 FC Mach 36 (1) Châteauroux 908 402 639 80.00 80.00 FC Macon evenement (1) Mâcon 530 646 165 100.00 100.00 FC Marseille Events Marseille 938 861895 75.00 75.00 75.00 75.00 FC Mobiwatt Brignais 913 086 583 51.00 51.00 51.00 51.00 FC Narbonne Arena (1) Narbonne 848 508 909 100.00 100.00 FC Orleans events Orléans 919 004 150 100.00 100.00 100.00 100.00 FC Pleyel Gestion (1) Paris 810 050 898 100.00 100.00 FC Polygone Vert Brignais 320 815 236 100.00 100.00 100.00 100.00 FC Pont Neuf Concept Paris 899 941702 70.00 70.00 70.00 70.00 FC Première Vision Lyon 403 131956 100.00 100.00 100.00 100.00 FC Profil Lyon 378 869 846 100.00 100.00 100.00 100.00 FC Red Bus (1) Paris 817 604 481 100.00 100.00 FC Reims Expo Congrès Events Reims 842 522 351 100.00 100.00 100.00 100.00 FC Restaurant du Palais Brongniart Paris 831478 623 49.00 49.00 49.00 49.00 EM Restaurant Palais Mutualité Paris 842 298 606 50.00 50.00 50.00 50.00 EM Saint Etienne Saint Etienne 844 935 957 65.00 65.00 65.00 65.00 FC Sceneo (1) Boulogne-sur-mer 800 366 387 100.00 100.00 FC Secil Lyon 378 347 470 100.00 100.00 100.00 100.00 FC Seine Zenith Rouen (1) Rouen 841351463 39.00 39.00 EM Sepel Chassieu 954 502 357 46.25 46.25 46.25 46.25 FC Sign'Expo Gonesse 492 842 349 100.00 100.00 100.00 100.00 FC Smart Manufacturing Lyon 948 621412 100.00 100.00 100.00 100.00 FC Sodem Mesnil Simon 438 323 776 100.00 100.00 100.00 100.00 FC Spaciotempo Flixecourt 380 344 226 100.00 100.00 100.00 100.00 FC S-PASS Developpement (1) Paris 815 083 951 100.00 100.00 FC S-PASS Théatre Spectacles Evenements (1) Paris 500 745 187 100.00 100.00 FC Stade de France - operating company Lyon 943 713 750 100.00 100.00 100.00 100.00 FC Stade de France - financial company Lyon 951847 649 100.00 100.00 100.00 100.00 FC Sté exploit Parc Exposition Le capitole (1) Châlons-en-champagne 852 994 961 50.00 50.00 EM Sté exploit. Centre Congrès Metz métropole Metz 790 342 497 100.00 100.00 100.00 100.00 FC Sté exploit. Centre Congrès St-Etienne (1) Saint Etienne 488 224 718 100.00 100.00 FC Sté exploit. Centre Congrès Valenciennes Anzin 817 786 460 100.00 100.00 100.00 100.00 FC Sté exploit. d'Amiens Mégacité Amiens 518 869 011 100.00 100.00 100.00 100.00 FC Sté exploit. de Parcs d'Exposition Paris 398 162 263 100.00 100.00 100.00 100.00 FC Sté exploit. Palais Brongniart Paris 518 805 809 100.00 100.00 100.00 100.00 FC Sté exploit. Maison de la Mutualité Brignais 517 468 138 100.00 100.00 100.00 100.00 FC Sté exploit. Polydome Clermont-Ferrand Clermont-Ferrand 488 252 347 100.00 100.00 100.00 100.00 FC Strasbourg Evenements Strasbourg 384 911129 46.36 46.36 46.36 46.36 FC The Ruck Hotel (2) Lyon 909 343 667 90.89 76.89 90.89 76.89 FC Toulouse Evenements Toulouse 752 926 923 100.00 100.00 100.00 100.00 FC Toulouse Expo Toulouse 580 803 880 92.02 92.02 92.02 92.02 FC Vachon Gonesse 343 001772 85.00 85.00 85.00 85.00 FC Zenith de Dijon (1) Dijon 480 995 448 100.00 100.00 FC Zenith de Limoges (1) Limoges 914 311345 100.00 100.00 FC Zenith de Nancy (1) Nancy 421324 427 100.00 100.00 FC Zenith de Strasbourg (1) Strasbourg 497 643 577 100.00 100.00 FC Companies Location of registration or incorporation Controlling interest (%) Ownership interest (%) 2026 2025 2026 2025 Foreign subsidiaries Abidjan events Abidjan 100.00 100.00 100.00 100.00 FC Adors Ankara 86.36 86.36 86.36 86.36 FC Aganto Newbury 100.00 100.00 100.00 100.00 FC Aichi International Convention & Exhibition Center Aichi 51.00 51.00 51.00 51.00 FC Anhembi Convention Center Sao Paulo 100.00 100.00 100.00 100.00 FC Cabestan Monaco 100.00 100.00 100.00 100.00 FC CACLP Shanghai 71.51 71.51 71.51 71.51 FC Centro Convenciones Riesco Santiago Santiago de Chile 100.00 100.00 100.00 100.00 FC CIEC Union Beijing 48.19 48.19 48.19 48.19 FC Dogan Johannesburg 83.84 83.84 83.84 83.84 FC Espacio Ferial de Santiago Santiago de Chile 100.00 100.00 100.00 100.00 FC Fagga Promoçao de eventos Rio de Janeiro 100.00 100.00 100.00 100.00 FC Fashion Source Shenzhen 47.67 47.67 47.67 47.67 FC Field & Lawn Broxburn 100.00 100.00 100.00 100.00 FC Fisa Santiago de Chile 60.00 60.00 60.00 60.00 FC Flow Holding Abu Dhabi 73.00 73.00 73.00 73.00 FC Flow Solutions Air & Power Abu Dhabi 73.00 73.00 73.00 73.00 FC Foncière Lingotto Turin 100.00 100.00 100.00 100.00 FC Frame Ankara 86.36 86.36 86.36 86.36 FC GL events Asia Hong Kong 100.00 100.00 100.00 100.00 FC GL events Belgium Brussels 100.00 100.00 100.00 100.00 FC GL events Brazil Participacoes Rio de Janeiro 100.00 100.00 100.00 100.00 FC GL events Brussels Brussels 85.00 85.00 85.00 85.00 FC GL events Centro de Convençoes Rio de Janeiro 100.00 100.00 100.00 100.00 FC GL events Chili Santiago de Chile 100.00 100.00 100.00 100.00 FC GL events Convencoes Salvador Salvador 100.00 100.00 100.00 100.00 FC GL events PGS Santiago de Chile 100.00 100.00 100.00 100.00 FC GL events Doha Qatar 100.00 100.00 100.00 100.00 FC GL events Empredimentos Immobiliaro Rio de Janeiro 100.00 100.00 100.00 100.00 FC GL events EvenStar Wilmington 51.00 51.00 51.00 51.00 FC GL events Exhibitions China Hong Kong 79.45 79.45 79.45 79.45 FC GL events Exhibitions Shanghai Shanghai 79.45 79.45 79.45 79.45 FC GL events Exhibitions Fuarcilik Ankara 100.00 100.00 100.00 100.00 FC GL events Exhibitions Wuxi Wuxi 54.82 54.82 54.82 54.82 FC GL events Exponet Sydney 100.00 100.00 100.00 100.00 FC GL events Greater China Hong Kong 79.45 79.45 79.45 79.45 FC GL events China Hong Kong 79.45 79.45 79.45 79.45 FC GL events Italie Bologna 100.00 100.00 100.00 100.00 FC GL events Japan Kabushiki Kaisha Tokyo 100.00 100.00 100.00 100.00 FC GL events Live Shenzen (ZZX) Shenzhen 57.21 57.21 57.21 57.21 FC GL events Macau Macau 79.45 79.45 79.45 79.45 FC GL events & North Star Beijing Exhibitions Services Beijing 40.52 40.52 40.52 40.52 FC GL events Saudi Al Rabie District 100.00 100.00 100.00 100.00 FC GL events South Africa Johannesburg 100.00 100.00 100.00 100.00 FC GL events Turquie Istanbul 86.36 86.36 86.36 86.36 FC GL events UK Derby 100.00 100.00 100.00 100.00 FC GL events USA New York 100.00 100.00 100.00 100.00 FC GL events Venues UK Castle Donington 100.00 100.00 100.00 100.00 FC GL events Vietnam Hanoi 79.45 79.45 79.45 79.45 FC GL events Vietnam Holding Hong Kong 79.45 79.45 79.45 79.45 FC GL events Vostok Moscow 100.00 100.00 100.00 100.00 FC GL events Yuexiu Guangzhou Developpment Guangzhou 39.73 39.73 39.73 39.73 EM GL Exhibitions Harbin Harbin 79.45 79.45 79.45 79.45 FC GL Furniture (Asia) Hong Kong 47.67 47.67 47.67 47.67 FC GL Litmus Events New Delhi 70.00 70.00 70.00 70.00 FC GL Middle East Dubaï Jebel Ali 100.00 100.00 100.00 100.00 FC Hungexpo Budapest 100.00 100.00 100.00 100.00 FC Imagine Labs Hong Kong 47.67 47.67 47.67 47.67 FC Istanbul Fuarcilik Istanbul 50.00 50.00 50.00 50.00 FC Johannesburg Expo Center Johannesburg 59.62 59.62 59.62 59.62 FC Logistics Fair Brussels 100.00 100.00 100.00 100.00 FC GL events Live Brasil Sao Paulo 100.00 100.00 100.00 100.00 FC North Star & GL events Venues Management Beijing 38.93 38.93 38.93 38.93 EM Nuevo Parque Vitacura Santiago de Chile 100.00 100.00 100.00 100.00 FC Padova Fiere Padua 100.00 100.00 100.00 100.00 FC Perfexpo Brussels 100.00 100.00 100.00 100.00 FC Premiere Vision Inc. New York 100.00 100.00 100.00 100.00 FC Premiere Vision Japan Tokyo 100.00 100.00 100.00 100.00 FC Sao Paulo Expo Sao Paulo 100.00 100.00 100.00 100.00 FC Santos Convention Center Santos 100.00 100.00 100.00 100.00 FC Serenas Ankara 86.36 86.36 86.36 86.36 FC Spaciotempo Arquitecturas Efimeras Barcelona 100.00 100.00 100.00 100.00 FC Tarpulin Ingenieria de Proteccion SPA Santiago de Chile 63.20 63.20 63.20 63.20 FC Tarpulin Montajes SPA Santiago de Chile 63.20 63.20 63.20 63.20 FC Top Gourmet Rio de Janeiro 100.00 100.00 100.00 100.00 FC Traiteur Loriers Luxembourg Luxembourg 60.00 60.00 60.00 60.00 FC Unique Structure Holding Abu Dhabi 75.50 75.50 75.50 75.50 FC Wicked Tents Abu Dhabi 75.50 75.50 75.50 75.50 FC World Forum The Hague 100.00 100.00 100.00 100.00 FC EM: Equity method / FC: Full consolidation / PC: Proportionate consolidation First- time consolidation / Deconsolidated in 2026 The Group increased its ownership interest in GL events Sport (and its subsidiaries) to 91.13%. NOTE 3 SEGMENT INFORMATION AND PERFORMANCE INDICATORS GL events Group is organised into three business divisions: GL events Live's expertise covers the complete range of business specialisations and services for corporate, institutional and sports events to provide turnkey solutions from consulting and design to staging the event itself. GL events Exhibitions manages and coordinates a large proprietary portfolio of trade shows and consumer fairs covering a wide range of sectors (food industry, culture, textiles, etc.) GL events Venues manages a network of venues that includes convention centres, exhibition centres, concert halls and multi-purpose facilities located in major French cities and international destinations: The Group's operating performance (monthly management reporting for the three business sectors) is monitored before the impact of IFRS 16 and IAS 29. For that reason, performance information is provided with and without the application of these standards. Significant events during the period are presented in the interim management report on page 21. Revenue (€ thousands) 30/06/2026 (Full IFRS) 30/06/2025 (Full IFRS) 30/06/24 30/06/26 FULL IFRS 30/06/25 30/06/24 Change 2026/2025 GL events Live 543,377 456,683 496,055 544,342 458,835 496,462 85,507 18.6% % of revenue 56.3% 51.5% 60.5% 56.3% 51.6% 60.5% GL events Exhibitions 123,807 171,784 113,354 123,807 171,784 113,354 (47,978) -27.9% % of revenue 12.8% 19.4% 13.8% 12.8% 19.3% 13.8% GL events Venues 298,145 258,191 210,732 298,154 258,229 210,742 39,925 15.5% % of revenue 30.9% 29.1% 25.7% 30.9% 29.1% 25.7% Revenue 965,329 886,658 820,142 966,303 888,848 820,559 77,454 8.7% Current operating income (€ thousands) 30/06/26 30/06/25 30/06/24 30/06/2026 margin 30/06/2025 margin 30/06/24 margin GL events Live 42,917 26,980 34,494 7.9% 5.9% 6.9% GL events Exhibitions 19,975 41,168 22,122 16.1% 24.0% 19.5% GL events Venues 44,099 36,255 24,092 14.8% 14.0% 11.4% Current operating income 106,991 104,403 80,708 11.1% 11.7% 9.8% (€ thousands) 30/06/2026 (Full IFRS) 30/06/2025 (Full IFRS) 30/06/24 FULL IFRS 30/06/2026 FULL IFRS margin 30/06/2025 FULL IFRS margin 30/06/24 FULL IFRS margin GL events Live 44,967 28,783 35,941 8.3% 6.3% 7.2% GL events Exhibitions 20,470 41,399 22,324 16.5% 24.1% 19.7% GL events Venues 50,901 41,814 29,464 17.1% 16.2% 14.0% Current operating income 116,338 111,996 87,729 12.1% 12.6% 10.7% EBITDA (€ thousands) 30/06/26 30/06/25 30/06/24 30/06/2026 margin 30/06/2025 margin 30/06/24 margin GL events Live 67,946 47,950 57,666 12.5% 10.5% 11.6% GL events Exhibitions 22,100 42,602 23,154 17.9% 24.8% 20.4% GL events Venues 57,086 48,784 35,332 19.1% 18.9% 16.8% EBITDA 147,132 139,336 116,152 15.2% 15.7% 14.2% (€ thousands) 30/06/2026 (Full IFRS) 30/06/2025 (Full IFRS) 30/06/24 FULL IFRS 30/06/2026 FULL IFRS margin 30/06/2025 FULL IFRS margin 30/06/24 FULL IFRS margin GL events Live 81,024 60,050 69,085 14.9% 13.1% 13.9% GL events Exhibitions 25,382 44,244 24,534 20.5% 25.8% 21.6% GL events Venues 77,249 67,544 53,240 25.9% 26.2% 25.3% EBITDA 183,655 171,838 146,859 19.0% 19.4% 17.9% Net investments in the period in property, plant and equipment and intangible assets (€ thousands) 30/06/26 30/06/25 30/06/24 GL events Live 16,599 10,734 32,354 GL events Exhibitions 105 206 81 GL events Venues 13,482 16,485 48,298 Net investments 30,186 27,425 80,733 Allowances and reversals of amortisation, depreciation and provisions (€ thousands) 30/06/26 30/06/25 30/06/24 30/06/2025 (Full IFRS) 30/06/24 FULL IFRS GL events Live (25,029) (20,970) (23,172) (31,267) (33,144) GL events Exhibitions (2,125) (1,434) (1,032) (2,845) (2,210) GL events Venues (12,987) (12,529) (11,241) (25,730) (23,776) Amortisation, depreciation and provisions (40,141) (34,934) (35,444) (59,842) (59,129) To spearhead the management of its business and to define its strategy, the management bodies monitor the Group's performance indicators on a pre-IFRS 16 and IAS 29 basis. These latter standards have a significant impact on the economic presentation of the various KPIs (a decrease in revenue, a non-cash increase in EBITDA and current operating income, deterioration of the financial result, etc.). Operating data before the application of these standards is accordingly presented below: (€m) 30/06/2026 IFRS 16 & IAS 30/06/2026 29 (Full IFRS) Revenue 966.3 -1.0 965.3 Purchases and external charges -602.0 36.6 -565.4 EBITDA 147.1 36.5 183.7 Allowances for depreciation and reserves -40.1 -27.2 -67.3 CURRENT OPERATING INCOME 107.0 9.3 116.3 Net interest expense -12.8 -11.7 -24.5 NET FINANCIAL EXPENSE -14.3 -11.7 -26.0 EARNINGS BEFORE TAX 90.2 -2.4 87.9 Taxes & equity-accounted investees -25.5 0.5 -25.0 NET PROFIT / (LOSS) 64.7 -1.9 62.9 Non-controlling interests 9.3 -0.3 9.0 NET PROFIT / (LOSS) ATTRIBUTABLE TO GROUP SHAREHOLDERS 55.4 -1.6 53.8 Number of shares 29,982,787 29,982,787 29,982,787 Earnings per share 1.85 -0.05 1.80 NOTE 4 BALANCE SHEET INFORMATION 4.1 Intangible assets (€ thousands) 31/12/25 Increase Decrease or impairment Translation adjustments Changes in Group structure & 30/06/26 reclassifications Goodwill - GL events Live 257,938 5 1,950 259,893 Goodwill - GL events Exhibitions 494,794 955 12,257 508,006 Goodwill - GL events Venues 74,919 700 1,189 76,808 Goodwill 827,651 1,661 0 15,396 0 844,708 Other intangible assets 102,033 3,039 (18) 2,802 24,763 132,619 Amortisation, depreciation and impairment (58,942) (3,944) 7 (1,138) 711 (63,306) Other intangible assets 43,091 (905) (10) 1,663 25,475 69,314 Intangible assets 870,742 756 (10) 17,059 25,475 914,021 The increase in goodwill reflects, for the Exhibitions division, the acquisition of the Asian Expo business, and, for the Venues division, the application of IAS 29 to goodwill relating to the Group's Turkish operations. Changes in the scope of consolidation relating to other intangible assets mainly correspond to the identified intangible asset recognised on the acquisition of the S Pass Group. For unamortised intangible assets and goodwill, a depreciation test is carried out at least once a year at the end of the annual reporting period or whenever there is an indication of impairment. Value in use is the present value of estimated future cash flows to be generated by the assets tested for impairment. Estimated future cash flows are based on assumptions about economic conditions and forecasts by Group management of future operating conditions. The CGUs consist of operating companies. For the purpose of impairment tests, goodwill is allocated at the level of groups of CGUs defined as homogeneous groups of assets generating cash inflows and outflows from continuing use largely distinct from cash inflows from other CGUs. These CGUs are classified on this basis according to the Group's three business divisions: Live, Exhibitions, Venues. This approach is consistent with the Group's internal organisation, strategic priorities and monitoring of performance. The impairment tests carried out at the end of 2025 include budget assumptions consistent with business levels, profitability and the economic context. For all approaches tested, the sensitivity tests demonstrated the absence of the need for impairment even in the event of a significant deterioration in profitability and a change in actuarial assumptions. IFRS 16 right-of-use assets (€ thousands) 31/12/25 Increase Decrease or impairment Translation adjustments Changes in Group structure & reclassifications 30/06/26 IFRS 16 right-of-use assets 813,858 72,274 (17,306) 11,832 426 881,083 Amortisation, depreciation and impairment (264,275) (27,178) 10,453 (2,063) (242) (283,306) IFRS 16 right-of-use assets 549,583 45,095 (6,854) 9,769 184 597,777 The increase in right-of-use assets reflects the integration of the S Pass Group companies, the six-month extension of all property leases (offices and warehouses) in order to maintain a minimum remaining lease commitment of five years, together with new leases in Japan, notably in connection with the Asian Games. Property, plant and equipment (€ thousands) 31/12/25 Increase Decrease Translation adjustments Changes in Group structure & reclassifications 30/06/26 Land 13,851 13,851 Buildings 505,776 8,232 (8) 21,865 10,219 546,085 Total - gross 519,627 8,232 (8) 21,865 10,219 559,935 Amortisation, depreciation and impairment (171,459) (5,832) 4 (5,133) (5,649) (188,068) Land and buildings 348,169 2,401 (5) 16,733 4,571 371,868 The increase in buildings primarily reflects €2.0 million of works carried out at the Anhembi site (Brazil) and €5.0 million of works at the Eurexpo site (new exhibition hall). Changes in the scope of consolidation are attributable to the integration of the S Pass Group. (€ thousands) 31/12/25 Increase Decrease Translation adjustments Changes in Group structure & reclassifications 30/06/26 Installations, machinery and equipment 56,437 928 (117) 598 4,195 62,041 Other tangible fixed assets 135,866 2,532 (289) 1,549 17,338 156,995 Fixed assets under construction 2,169 1,622 (1) 20 (810) 3,000 Rental equipment assets 456,663 16,836 (4,764) 4,615 270 473,621 Total - gross 651,135 21,917 (5,170) 6,782 20,993 695,656 Installations, machinery and equipment (36,106) (2,349) 84 (214) (2,787) (41,371) Other tangible fixed assets (89,717) (5,769) 184 (857) (9,611) (105,771) Rental equipment assets (301,137) (19,143) 4,585 (2,683) 12 (318,365) Total depreciation and impairment (426,959) (27,260) 4,853 (3,754) (12,386) (465,507) Property, plant and equipment 224,175 (5,343) (317) 3,027 8,607 230,149 Financial assets (€ thousands) 31/12/25 Increase Decrease Translation adjustments Changes in Group structure & reclassifications 30/06/26 Available-for-sale securities 35,962 1,489 (602) 215 (480) 36,585 Loans and receivables 28,687 154 177 732 29,750 Impairment (2,415) 599 (93) (1,909) Financial assets 62,234 1,643 (3) 392 160 64,426 Equity-accounted investments (€ thousands) 30/06/26 31/12/25 Value of securities at opening 2,937 2,668 Changes in scope of consolidation / Capital 1,330 568 Translation differences 262 (299) Share of income in associates 74 611 Investments in associates 4,603 2,937 Trade receivables (€ thousands) 30/06/26 31/12/25 Trade receivables 388,263 296,346 Impairment charges (31,977) (28,152) Trade receivables 356,286 268,194 Other receivables (€ thousands) 30/06/26 31/12/25 Advances and instalments 59,450 40,446 Social security receivables 3,446 2,865 Tax receivables 122,698 108,020 Other trade receivables and equivalent 104,756 61,094 Prepaid expenses 79,149 55,383 Other receivables 369,499 267,808 Shareholders' equity Capital stock The share capital at 30 June 2026 of GL events was €119,931,148 divided by 29,982,787 shares issued and fully paid up of 4 euros per share. Reserves and additional paid in capital Paid in capital represents the difference between the face value of securities issued and contributions received in cash or in kind. In the 2026 first half, changes in "Reserves and additional paid in capital" broke down as follows: (€ thousands) 30/06/26 31/12/25 Opening reserves and additional paid in capital 532,838 497,699 Appropriation of net profit 81,736 73,439 Dividends (29,983) (26,398) Impact of fair value measurement of financial instruments (1,548) 7,056 Portion of assets contributed by non-controlling interests 4,712 (25,885) IAS 19 amendment (173) 1,119 Cancellation of treasury shares (3,146) (2,993) Stock option expenses 3,057 5,462 Other changes 2,083 3,339 Closing reserves and additional paid in capital 589,576 532,838 Translation adjustments Translation adjustments represent the difference between the historic and average exchange rates and the closing rate. At 30 June 2026, this represented a negative currency difference of €213,607 thousand. Treasury shares Within the framework of the share repurchase programme, renewed by the General Meeting of 29 April 2026, transactions occurring in the first half of 2026 were as follows: (number of shares) 31/12/25 Acquisitions Disposals 30/06/26 - Treasury shares 645,866 98,304 (223,412) 520,758 - Liquidity agreement 4,481 185,368 (175,849) 14,000 Total 650,347 283,672 (399,261) 534,758 At 30 June 2026 534,758 own shares were held in treasury and within the framework of the liquidity agreement. Analysis of capital and voting rights As of 30 June 2026, the number of net voting rights stood at 46,734,034. Share capital is comprised of one class of shares including shares with both single voting rights and double voting rights. Information on the break down for share capital and voting rights, stock options and restricted stock unit plans is provided in the chapter "Shareholder information" on pages 362 of the 2025 universal registration document. At 30 June 2026, ownership of the share capital was as follows: Number of Percentage of Percentage of Percentage of Number of net Share capital ownership structure shares capital gross voting net voting voting rights rights rights Olivier Ginon 501 0.00% 0.00% 0.00% 501 Le Grand Rey 47,884 0.16% 0.11% 0.11% 52,768 Polygone SA 17,256,974 57.56% 71.09% 71.90% 33,601,049 Trévise Participations 2,398,623 8.00% 5.07% 5.13% 2,398,623 Amar Family Office 1,051,364 3.51% 2.22% 2.25% 1,051,364 Atream 449,742 1.50% 0.95% 0.96% 449,742 Fimalac 309,598 1.03% 0.65% 0.66% 309,598 Montefiore 223,412 0.75% 0.47% 0.48% 223,412 Treasury shares 534,758 1.78% 1.13% Free float 7,709,931 25.71% 18.29% 18.50% 8,646,977 Total share capital 29,982,787 100.00% 100.00% 100.00% 46,734,034 Provisions for retirement severance payments Liabilities for retirement severance benefits are recognised in the consolidated financial statements under non-current provisions. These liabilities are calculated according to the projected unit credit method and take into account the related social charges. This method takes into account factors that include projected trends for wage increases, employee turnover, mortality rates and a discount rate. The assumptions applied for the calculation of retirement severance benefits ( indemnités de fin de carrière ) that concern primarily French companies of the Group were as follows: Discount rate: alignment with the current market rate, i.e. 25-year OAT TEC of 4.33% compared to 4.21% at 31/12/2025. Average rate for salary increases: 2%, Retirement age: 67 for all categories of personnel, taking into account changes regarding the legal retirement age; Rate for employers social contributions of 40%; The turnover rate is calculated by employee age bracket. (€ thousands) 30/06/26 31/12/25 Relevant heading Opening balance 13,884 13,391 Service costs - benefit payments 124 1,937 Operating profit Expense recognised under income 124 1,937 Actuarial gains or losses of the period from changes in assumptions (219) (1,429) Changes in consolidation scope and translation differences 409 (14) Provisions for retirement severance benefits 14,199 13,884 Current provisions for contingencies and expenses (€ thousands) 31/12/25 Increase Decrease Provisions Reversal of used in the unused period provisions Translation adjustments Changes in Group structure & reclassifications 30/06/26 Provisions for employee-related contingencies 3,499 1,263 (492) 18 (325) 3,963 Other provisions 13,653 1,298 (1,679) 124 1,971 15,366 Current provisions 17,152 2,561 (2,172) 0 142 1,646 19,329 Financial liabilities (€ thousands) 31/12/25 Increase Decrease Translation adjustments Changes in Group structure & reclassifications 30/06/26 Non-current borrowings 1,047,220 301,658 (217,414) 79 1,131,542 Financial instruments (10,878) 1,039 (9,838) Other financial liabilities 10,781 1,783 76 79 12,719 Long-term financial debt (1) 1,047,123 303,441 (216,375) 155 79 1,134,423 Cash liabilities 4,141 521 17 346 5,024 Total financial liabilities 1,051,265 303,962 (216,375) 172 424 1,139,448 Marketable securities Bank and cash (171,021) (408,965) (75,523) (8,595) 26,423 (6,325) (6,614) 77,962 (53,977) (148,484) (478,151) Cash and cash equivalents (579,986) (84,118) 26,423 (12,940) 23,985 (626,635) Pre-IFRS 16 net debt 471,279 219,844 (189,952) (12,768) 24,410 512,813 (1) Of which at 30 June 2026 Non-current portion of medium and long-term debt 836,167 thousand euros Current portion of long and medium term debt 298,256 thousand euros (€ thousands) 31/12/25 Increase Decrease Translation adjustments Changes in Group structure & reclassifications 30/06/26 IFRS 16 lease liabilities 587,500 80,892 (40,029) 10,610 527 639,499 Other liabilities (€ thousands) 30/06/2026 (Full IFRS) 31/12/2025 (Full IFRS) Other payables 147,543 92,369 Credit notes to be issued 3,946 5,321 Prepaid income 229,268 241,358 Other liabilities 380,757 339,048 Prepaid income corresponds to services and events scheduled for the second half of 2026 and the first half of 2027. NOTE 5 INCOME STATEMENT INFORMATION Raw materials, consumables and external charges Raw materials, consumables and external charges break down as follows: (€ thousands) 2026 2025 2026 FULL IFRS 2025 FULL IFRS Purchases consumed (44,941) (43,043) (44,941) (43,043) Subcontracting and external personnel (274,800) (288,707) (274,800) (288,707) Equipment and property rentals (83,835) (82,057) (47,275) (47,686) Travel and entertainment expenses (29,119) (24,791) (29,119) (24,791) Other purchases and external expenses (169,305) (111,012) (169,305) (111,012) Purchases and other external charges (602,000) (549,610) (565,441) (515,238) REVENUE 966,303 888,848 965,329 886,658 Rate Purchases & other expenses vs. Sales (%) -62.3% -61.8% -58.6% -58.1% Other current operating income and expenses Other current operating income and expenses break down as follows: (€ thousands) 2026 2025 2026 FULL IFRS 2025 FULL IFRS Operating grants 7,960 3,493 7,960 3,493 Other income and expenses (1,389) (2,541) (488) (2,469) Other current operating income and expenses 6,571 952 7,472 1,024 Other operating income and expenses Other operating income and expenses mainly comprise restructuring costs, acquisition-related costs and the impairment of assets identified on the acquisition of the S Pass subgroup. Net financial income (expense) (€ thousands) 2026 2025 2026 FULL IFRS 2025 FULL IFRS Income from financial investments 8,139 8,937 8,139 8,937 Interest expense (20,893) (22,908) (32,613) (33,395) Net interest expense (12,754) (13,971) (24,474) (24,458) Currency gains and losses (1,689) (1,251) (1,689) (1,251) Other financial income and expenses 88 4 89 (1) Provision on financial assets 88 1 88 1 Other financial income and expenses (1,513) (1,246) (1,512) (1,251) Net financial income (expense) (14,267) (15,217) (25,986) (25,709) Income tax In accordance with IAS 34, the estimated effective tax rate for fiscal 2026 is 28.3 %. NOTE 6 OFF-BALANCE SHEET COMMITMENTS Commitments Commitments by category (€ thousands) Commitments given Short-term guarantee 6,469 Medium-term guarantee None Joint security, miscellaneous guarantees 114,341 Commitments received Opening of undrawn credit lines 340,000 Joint security, miscellaneous guarantees None Off-balance sheet commitments between consolidated companies are eliminated as are all intercompany transactions and balances. Concession royalties and property lease payments - non-cancellable portions Firm commitments for concessions and property rental payments are henceforth included in the balance sheet in line with application of IFRS 16. However, the variable portion of fees and lease payments as well as options for renewal are not included in the IFRS 16 restatement. Debt guaranteed by collateral (€ thousands) Guaranteed debt Nature of the guarantee Bank borrowings 0 Bank guarantees 220 Mortgage agreement in principle/mortgage Pledge of financial instruments Other capital commitments Capital commitments are broken down as follows by maturity: (€ thousands) < 1 year 1 to 5 years > 5 years Total Capital commitments 23,194 35,811 141,487 200,491 NOTE 7 TRANSACTIONS WITH RELATED PARTIES The consolidated financial statements include all companies within the Group structure of consolidated operations (see note 2). Related party transactions concern primarily management services invoiced by Polygone SA to GL events, where Olivier GINON serves as a director for both companies, and property rental costs invoiced by Polygone to the Group, with Olivier GINON serving as Chairman, Anne-Sophie GINON as Managing Director of this company. There are no other pension liabilities or similar benefits in favour of current and former directors and officers. In addition, no advances or loans have been granted to directors and officers. Summary of transactions with related parties in the first half of 2026: Description Income (expenses) General management services (1 ) (3,859) Allowances and expenditures for missions, travel expenses and insurance 150 Property lease payments and land taxes (2 ) (6,827) Balance at 30/06/2026 Rent deposit guarantees (3 ) 12,340 Trade receivables 965 Trade payables (1,094) Current account (15,053) The costs of general management services consisted notably of compensation charged for Mr. Olivier GINON, compensation charged for employees of Polygone SA, travel expenses and other costs incurred in connection with the performance of general management duties. This agreement is renewed each year by tacit renewal and approved by the General Meeting under regulated agreements. Rental payments concern 12 operating sites. These rental amounts were determined on an arm's-length basis at market prices according to rental yields or prices per square meter for comparable properties. The amount for deposit guarantees corresponds to one year's rent including tax. INTERIM MANAGEMENT REPORT MATERIAL EVENTS AND OPERATING HIGHLIGHTS OF THE 2026 FIRST HALF GL events once again demonstrates the resilience of its business model despite an unstable and complex geopolitical environment. The Group reported 9% revenue growth and a 2% improvement in operating profitability, driven by the momentum of the Live and Venues divisions. The Exhibitions division, however, was impacted by an unfavourable biennial cycle, resulting in lower activity, as expected. Net profit increased by 6% compared with H1 2025. These results demonstrate the relevance of the long-term strategy implemented by the Group and its ability to create value for shareholders. GL events selected to install temporary infrastructure for COP17 on desertification Mongolia will host the 17th Conference of the Parties (COP17) of the United Nations Convention to Combat Desertification (UNCCD) from 17 to 28 August 2026. The event is expected to bring together nearly 10,000 delegates from more than 190 countries under the slogan: "Restore nature, revive hope." To organise this conference, the capital city Ulaanbaatar plans to install temporary structures on the outskirts of the city. Following an international tender process conducted in three stages, the Mongolian authorities selected GL events to install approximately 44,500 sqm of temporary structures to accommodate the 197 participating countries. The Group has extensive experience in this field, having already contributed to 11 COP conferences between 2011 and 2024, including the most recent COP16 held in Riyadh, Saudi Arabia. First-time consolidation of the S Pass Group's event venues GL events has completed the acquisition from Fimalac of all 23 regional event venues operated by the S-Pass network, as well as Salle Pleyel, a landmark concert and performance venue in Paris. This acquisition reflects GL events' ambition to build a leading cultural network in France, capable of structuring an integrated offering across the entire value chain of the sector and supporting high-quality, diverse and rich programming in line with local cultural policies. Analysis of key income statement aggregates and performance measures The Group's performance indicators are as follows: (€ thousands) 30/06/26 30/06/25 30/06/2026 (Full IFRS) 30/06/2025 (Full IFRS) Change N/N- 1 Change N/N- 1 Revenue 966,303 888,848 965,329 886,658 8.7% 8.9% EBITDA (*) 147,132 139,336 183,655 171,838 5.6% 6.9% Current operating income 106,991 104,403 116,338 111,996 2.5% 3.9% Organic growth (**) 8.1% 8.1% 8.1% 8.1% Operating margin 11.1% 11.7% 12.1% 12.6% -0.7 -0.6 EBITDA margin 15.2% 15.7% 19.0% 19.4% -0.4 -0.4 Net financial income (expense) -14,267 -15,217 -25,986 -25,709 6.2% -1.1% Profit /(loss) before tax 90,228 83,324 87,857 80,425 8.3% 9.2% Net profit 64,740 60,833 62,872 58,726 6.4% 7.1% Net profit attributable to shareholders (Group share) 55,445 52,074 53,834 50,279 6.5% 7.1% Net margin 5.7% 5.9% 5.6% 5.7% -0.1 -0.1 (*) EBITDA: (Earnings before interest, tax depreciation and amortisation): current operating income (EBIT) + amortisations and provisions (**) Organic growth: growth in revenue excluding changes in the scope of consolidation GL events reported revenue of €966 million, up 9% in H1 2026 (12% at constant exchange rates), extending the growth momentum established over recent years. This performance was driven by the strength of the Group's three complementary business divisions, with particularly strong momentum in its Live and Venues activities. The Group's international expansion continued with markets outside France accounting for 54% of total revenue at the end of June 2026, supported in particular by mega events in Asia and Europe. At the same time, the impact of unfavourable biennial event cycles in South America and France was successfully offset, demonstrating the resilience of the Group's integrated business model. The Group's operating profitability continued to improve, with current operating income rising to €107 million, up 2% compared with H1 2025. Adjusted for biennial event cycle effects, all margins improved, confirming the value of the Group's investments and the effectiveness of its long-term strategy. This improvement in operating profitability contributed to a 6% increase in net income attributable to owners of the parent to €55 million at the end of June 2026, representing earnings per share of €1.85. Achieved in an uncertain global environment, these results confirm the Group's ability to create sustainable value and enable it to approach the second half of the year with confidence. Income statement highlights by business The breakdown of revenue was as follows: (€ thousands) 30/06/2026 (Full IFRS) 30/06/2025 (Full IFRS) 30/06/24 30/06/26 FULL IFRS 30/06/25 30/06/24 GL events Live 543,377 456,683 496,055 544,342 458,835 496,462 % of revenue 56.3% 51.5% 60.5% 56.3% 51.6% 60.5% GL events Exhibitions 123,807 171,784 113,354 123,807 171,784 113,354 % of revenue 12.8% 19.4% 13.8% 12.8% 19.3% 13.8% GL events Venues 298,145 258,191 210,732 298,154 258,229 210,742 % of revenue 30.9% 29.1% 25.7% 30.9% 29.1% 25.7% Revenue 965,329 886,658 820,142 966,303 888,848 820,559 The breakdown of current operating income by major business line was as follows: (€ thousands) 30/06/26 30/06/25 30/06/24 GL events Live 42,917 26,980 34,494 GL events Exhibitions 19,975 41,168 22,122 GL events Venues 44,099 36,255 24,092 Current operating income 106,991 104,403 80,708 (€ thousands) 30/06/2026 (Full IFRS) 30/06/2025 (Full IFRS) 30/06/24 FULL IFRS GL events Live 44,967 28,783 35,941 GL events Exhibitions 20,470 41,399 22,324 GL events Venues 50,901 41,814 29,464 Current operating income 116,338 111,996 87,729 GL EVENTS LIVE delivered strong growth in H1 2026, with revenue of €544 million, up 19% compared with 30 June 2025. EBITDA increased by 42% to €68 million, lifting the EBITDA margin to 12.5% (+2.0 percentage points), whereas current operating income reached €43 million, representing a current operating margin of 7.9% (+2.0 percentage points). This performance reflects the commercial momentum generated in 2025, which translated into a significant improvement in operating profitability. Mega events made the largest contribution. These included the Milano Cortina Olympic and Paralympic Winter Games, the Aichi-Nagoya Asian Games, which accounted for a significant share of the division's activity throughout H1, the World Urban Forum in Baku, and services provided in connection with the 2026 FIFA World Cup in the US. These events also highlight the Group's ability to deliver a broad range of services and meet its clients' requirements across diverse geographical markets. GL events Live also confirmed its position as a leading partner for major events by providing services for Eurosatory, the Saut Hermès, the Rolex Monte-Carlo Masters, the Printemps des Sports Équestres, the 24 Hours of Le Mans, the Turkish Oncology Congress (TTOK), the Cannes Film Festival and the Cannes Lions International Festival of Creativity. The division also benefited from the reduction in losses by the Sports segment together with improved profitability for Corporate events in France and Turkey. Fixed costs remained under control, increasing by only 4% compared with H1 2025. GL EVENTS EXHIBITIONS reported revenue of €124 million in H1 2026, down 28% compared with H1 2025. This decline primarily reflects an unfavourable biennial event cycle, with H1 2025 including major exhibitions such as SIRHA, Expomin and the Rio International Book Fair. Current operating income amounted to €20 million, representing a current operating margin of 16.1%, down 7.8 percentage points compared with H1 2025. In this context, the division once again demonstrated its resilience, supported by a diversified events calendar. In France, the performance improved compared with 2024, driven in particular by major events including SIRHA Bake and Snack, Première Vision Paris, Eurobois Lyon, CFIA Rennes, SantExpo, the Lyon Fair & Kidexpo, Hyvolution and SEPEM Douai, confirming the strength of the Group's position in its key domestic markets. Internationally, the division continued to expand through events including Aquasur Tech in Chile, CACLP, the WESAVC East and West Small Animal Veterinary Conference, the Bienal do Livro Bahia, which partially offset the biennial impact of the absence of the Rio International Book Fair, and the AFRAVIH Conference. The international rollout of the Group's proprietary brands also continued with Première Vision New York, Première Vision Montreal and Denim by Première Vision Milan. Challenging market conditions in China, particularly in exhibitions related to construction, renovation and fashion, continued to weigh on the division's overall performance. Fixed costs, however, declined by 4% compared with H1 2025. Personnel costs accounted for 60% of total fixed costs, reflecting disciplined cost management. Finally, to strengthen the division's healthcare vertical, an agreement has been reached to acquire 100% of MCO Congrès, an agency specialising in the organisation of scientific and medical events, conferences and congresses. Based in Marseille, the company employs 30 people and generates annual revenue of €8.5 million. The transaction is expected to be completed by the end of July 2026. GL EVENTS VENUES continued its growth trajectory in H1 2026, generating revenue of €298 million, up 15% compared with H1 2025. Current operating income reached €44 million, representing a current operating margin of 14.8%, up 0.8 percentage points. This improvement was supported by strong business activity and tight control of fixed costs, which increased by just 1% on a like-for-like basis compared with H1 2025. In France, activity remained stable on a like-for-like basis, while the division benefited from the positive contribution of the consolidation of Stade de France and the 25 event venues of the S-Pass network; The Stade de France confirms its unique position in France, supported by a strong programme of sporting and entertainment events. Highlights of the first half included the Six Nations Championship matches against Ireland and England, the French Football Cup Final, the Top 14 Final, together with major concerts by JUL, Aya Nakamura, Fally Ipupa, David Guetta and Bruno Mars. Regional momentum also remained strong, supported by events such as the Two-Wheeled Vehicles Fair in Lyon and the Toulouse International Fair. The City of Caen also renewed its confidence in the Group by extending its contract to operate the city's exhibition centre for a further five years, while Eurexpo Lyon was selected to host competitions during the Alpes 2030 Olympic and Paralympic Winter Games. Internationally, the Group's venue network once again demonstrated its ability to generate sustained and diversified business across all its locations. In Europe, the division recorded a decline compared with H1 2025, which had benefited from the exceptional impact of the NATO Summit at the World Forum in The Hague. Business activity nevertheless remained strong in Budapest, driven in particular by Agromash Expo, SIRHA Budapest, Transport Research Arena, Industry Days and Construma. In Italy, the division hosted the Salone Internazionale del Libro in Turin, reflecting its growing presence in the country. In South America, the division maintained strong momentum, with the adverse biennial effect offset by robust activity at its Brazilian venues (São Paulo Expo, Anhembi and Riocentro) and Chilean venues (Espacio Riesco and Vittacura). Financial position highlights The Group's net debt stood at €513 million at 30 June 2026, up from €471 million at 31 December 2025 and broadly stable compared with €518 million at 30 June 2025. This position reflects cash flow from operations of €107 million, disciplined capital expenditure of €33 million and a €68 million contribution from the Group's cash-generative working capital model (Live & Exhibitions), primarily reflecting significant trade receivables relating to the Milano Cortina Olympic and Paralympic Winter Games. Cash outflows relating to acquisitions and additional equity investments amounted to €48 million during the first half. After taking into account financing costs (€13 million), a €1 million distribution to Chinese minority shareholders and favourable foreign exchange effects (€17 million), the financial leverage ratio stood at 1.9, well below the covenant limit of 3.5, confirming the strength of the Group's financial structure. Changes in debt broke down in consequence as follows: Operating cash flow: +€7 million SUBSEQUENT EVENTS No significant events occurred after the closing date of the financial statements. OUTLOOK AND UNCERTAINTIES Despite an uncertain geopolitical environment, the Group confirms its 2026 guidance, supported by continued momentum in its Live and Venues activities: Like-for-like revenue growth of more than 8%; Growth in current operating income; A CAPEX programme of around €80m. Taking into account the acquisitions completed during the first half of the year, the Group expects net debt to remain stable, while further improving its financial leverage ratios. RESPONSIBILITY STATEMENT FOR THE INTERIM FINANCIAL REPORT I hereby declare that to the best of my knowledge the condensed financial statements presented for the first six months were prepared in accordance with applicable accounting standards and give a true and fair view of the financial position and results of the Company and its consolidated subsidiaries and that the interim management report included herein presents a true and fair view of the important events occurring during the first six months of the fiscal year, their impact on the interim financial statements, the main transactions with related parties and the principal risks and uncertainties for the remaining six months of the fiscal year. Lyon, 23 July 2026 Olivier Ginon Chairman > NOTES TO THE FINANCIAL STATEMENTS STATUTORY AUDITORS' REPORT ON INTERIM FINANCIAL INFORMATION This is a free translation into English of the statutory auditors' review report on the condensed consolidated interim financial statements included in the interim financial report, issued in the French language and provided solely for the convenience of English-speaking readers. This report should be read in conjunction with, and construed in accordance with, French law and professional standards applicable in France. To the Shareholders: In accordance with the terms of our appointment at your general meeting and the provisions of Article L. 451-1-2 III of the French Monetary and Financial Code ( code monétaire et financier ), we hereby submit our report regarding: the limited review of the accompanying interim condensed consolidated financial statements of GL events SA for the six-month period from 1 January to 30 June 2026; the verification of the information given in the interim management report. These interim condensed consolidated financial statements were prepared under the responsibility of your Board of Directors. Our responsibility is to express a conclusion on these financial statements based on our limited review. - Review of the financial statements We conducted our limited review in accordance with the professional standards applicable in France. A limited review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with professional standards applicable in France. As such, it provides a moderate assurance that the financial statements as a whole are free of material misstatements lower than that which would result from an audit. Based on our review, nothing has come to our attention that causes us to believe that the interim accompanying condensed consolidated financial statements were not prepared in all material respects in accordance with IAS 34, the IFRS standard governing interim financial reporting as adopted by the European Union. - Specific procedures and disclosures We have also verified the information in the interim management report commenting on the interim condensed consolidated financial statements that were the subject of our limited review. We have no matter to report regarding its fair presentation and consistency with the interim condensed consolidated financial statements. Lyon and Oullins-Pierre-Bénite, 23 July 2026 The Statutory Auditors French original signed by: MAZA SIMOENS - FIFTY BEES FORVIS MAZARS DELOITTE Sebastien Belmont Arnaud Flèche Jean-Marie Le Jéloux Partner Partner Partner

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