GUILLEMOT CORPORATION: 2025 ANNUAL RESULTS

About this update from Guillemot Corp. Sa

2025 ANNUAL RESULTS Carentoir, March 25, 2026 Guillemot Corporation's financial statements (audited financial statements approved by the Board of Directors at its meeting held on March 23, 2026, pending the statutory auditors' certification report) may be summarized as follows: (€m) January 1 - December 31, 2025 Dec. 31, 2025 Dec. 31, 2024 Change Turnover 127.2 125.1 +2% Thrustmaster 114.2 113.1 +1% Hercules 13.0 12.0 +8% Net operating income 0.5 3.7 -86% Net financial income (expense)* -3.3 -2.5 - Corporate income tax 0.5 0.0 - Consolidated net income -2.4 1.2 - Basic earnings per share -€0.17 €0.08 - * Net financial income includes the cost of net financial debt as well as other financial income and expenses. The Group generated full-year 2025 turnover of €127.2 million, up 2% year on year, with fourth-quarter revenue up 15%. Turnover grew 8% at Hercules and 1% at Thrustmaster. Both of the Group's brands faced a disrupted market environment in the United States, with significantly higher import tariffs. In 2025, the Group generated over 25% of its consolidated turnover in the United States. The increase in import tariffs resulted in the following: A negative impact on margins due to the time lag in passing on higher costs. An impact on turnover due to changes in wholesalers' delivery terms, resulting in €3.5 million of Thrustmaster's turnover and the corresponding margin being deferred to 2026. The Group generated net operating income of €0.5 million and posted a consolidated net loss of €2.4 million. The net financial expense of €3.3 million included a €3.0 million revaluation loss on current financial assets (investment securities) consisting of 443,874 Ubisoft Entertainment shares, a net foreign exchange loss of €0.7 million and income of €0.5 million from cash and cash equivalents. The accounting gross profit margin for 2025 came out at 50%, down 3 percentage points year on year. All Group expenses held steady during the year, as did the Group's workforce. In 2025, the Group maintained its investment in Research and Development at €9.1 million, equating to 7.2% of consolidated turnover. At its meeting held on March 23, 2026, Guillemot Corporation S.A.'s Board of Directors proposed a dividend of €0.13 per share, to be paid out of the bond conversion premium account. Guillemot Corporation S.A plans to buy shares during the second quarter of 2026, according to the share buyback program approved by the Combined General Meeting of shareholders held on June 5, 2025, for later cancellation. Balance sheet items (€m) Dec. 31, 2025 Dec. 31, 2024 Shareholders' equity 96.7 100.3 Inventories 45.7 38.3 Net debt* -19.8 -23.7 Current financial assets (investment securities) 2.9 5.8 * Investment securities are not taken into account when calculating net debt. Group shareholders' equity stood at €96.7 million at December 31, 2025. Inventories rose 19% over the year. This increase was due to pre-positioning of inventory ahead of the introduction of U.S. import tariffs, with more inventory shifted to the Americas while maintaining higher levels globally. Products en route to the United States at the end of the year also contributed to the increase. Net debt at December 31, 2025 was negative at -€19.8 million, compared with -€23.7 million at December 31, 2024. Development strategy and 2026 priorities In 2026, the Group will: Leverage the strong growth potential offered by its markets For Thrustmaster , the arrival of flight sim on Sony's PlayStation ® 5 console will boost demand for the Group, which offers the only joystick available on the platform. Growth in the Group's sales in Asia is being driven in particular by the launch of more affordable products, such as the T98 racing wheel. The new racing range will fully benefit from the 2026 release of the very eagerly-awaited game Forza Horizon 6 on Xbox, followed by PlayStation ® 5. For Hercules , the launch of DJControl T10, the flagship product in its DJ controller range and the very first 10-inch motorized controller on the market, will help expand the brand's offering for professional and amateur DJs alike. Grow its margins The Group has worked intensively on new products launched at the end of last year and those planned for the current fiscal year, to boost their margins while also making them more competitive. For Hercules, the new DJControl Inpulse 200 MK3 and DJControl T10 controllers, both manufactured outside of China, will benefit from lower U.S. import tariffs. In light of inflationary risks linked to energy prices, action has been taken to secure most of the Group's purchase prices for fiscal year 2026. Optimize its inventory management policy , which should generate more than €10 million in cash over the fiscal year, strengthening the Group's investment capacity. 2026 outlook Guillemot Corporation is a designer and manufacturer of interactive entertainment hardware and accessories. The Group offers a diversified range of products under the Hercules and Thrustmaster brand names. Active in this market since 1984, the Guillemot Corporation Group is currently present in 11 countries (France, Germany, Spain, the UK, the United States, Canada, Italy, Belgium, Romania, the Netherlands and China [Shanghai, Shenzhen and Hong Kong]) and distributes its products in more than 150 countries worldwide. The Group's mission is to offer high-performance, ergonomic products which maximize enjoyment of digital interactive entertainment for end users. Contact: Guillemot Financial Information - Tel.: +33 (0) 2 99 08 08 80 - https://www.guillemot.com The Group expects to grow its turnover by 5% in 2026 and to generate net operating income equivalent to 5% of consolidated turnover. APPENDICES Consolidated income statement to December 31, 2025 (€k) Dec. 31, 2025 Dec. 31, 2024 Net turnover 127,215 125,120 Purchases -73,315 -52,709 Change in inventories 9,962 -5,818 External expenses -25,260 -26,373 Employee expenses -19,535 -18,658 Taxes and duties -634 -579 Additions to amortization and depreciation -7,560 -8,512 Additions to provisions -1,872 -1,947 Other income from ordinary activities 293 123 Other expenses from ordinary activities -8,837 -6,902 Net income from ordinary activities 457 3,745 Other operating income 0 0 Other operating expenses 0 0 Net operating income 457 3,745 Income from cash and cash equivalents 509 789 Cost of gross financial debt -159 -152 Cost of net financial debt 350 637 Other financial income 0 1,215 Other financial expenses -3,694 -4,421 Corporate income tax 455 1 Net income before minority interests -2,432 1,177 O/w net income from discontinued operations 0 0 Attributable to minority interests 0 0 Net income attributable to equity holders of the parent -2,432 1,177 Basic earnings per share -0.17 0.08 Diluted earnings per share -0.16 0.08 Consolidated balance sheet at December 31, 2025 ASSETS (€k) Dec. 31, 2025 Dec. 31, 2024 Goodwill on acquisitions 0 0 Intangible assets 23,605 24,408 Property, plant and equipment 10,592 10,637 Financial assets 494 501 Tax assets 208 508 Deferred tax assets 5,720 5,598 Non-current assets 40,619 41,652 Inventories 45,705 38,315 Trade receivables 37,454 32,503 Other receivables 4,010 2,790 Financial assets 2,859 5,837 Current tax assets 1,330 810 Cash and cash equivalents 23,756 30,618 Current assets 115,114 110,873 Total assets 155,733 152,525 LIABILITIES AND EQUITY (€k) Dec. 31, 2025 Dec. 31, 2024 Share capital (1) 11,309 11,617 Premiums (1) 5,905 8,076 Reserves and consolidated income (2) 80,772 80,576 Currency translation adjustments -1,302 -9 Group shareholders' equity 96,684 100,260 Minority interests 0 0 Consolidated shareholders' equity 96,684 100,260 Employee benefit liabilities 2,155 2,026 Borrowings 3,126 3,566 Other liabilities 0 0 Deferred tax liabilities 9 12 Non-current liabilities 5,290 5,604 Trade payables 25,077 22,029 Short-term borrowings 847 3,315 Taxes payable 1,091 955 Other liabilities 26,692 20,319 Provisions 52 43 Current liabilities 53,759 46,661 Total liabilities and equity 155,733 152,525 Of the consolidating parent company Of which net income for the period: -€2,432k Consolidated statement of cash flows to December 31, 2025 (€k) Dec. 31, 2025 Dec. 31, 2024 Cash flows from operating activities Net income from consolidated companies -2,432 1,177 + Additions to amortization, depreciation and provisions (except on current assets) 8,301 8,490 - Reversals of amortization, depreciation and provisions -361 -259 -/+ Unrealized gains and losses arising from changes in fair value 2,977 4,421 +/- Expenses and income arising from stock options 75 182 -/+ Capital gains and losses on disposals 5 -8 Change in deferred taxes -125 -965 Operating cash flow after cost of net financial debt 8,440 13,038 Cost of net financial debt -350 -637 Operating cash flow before cost of net financial debt 8,090 12,401 Inventories -7,389 7,410 Trade receivables -4,951 3,554 Trade payables 3,048 -3,414 Other 3,578 -2,488 Change in working capital -5,714 5,062 Net cash flows from operating activities 2,726 18,100 Cash flows from investing activities Acquisitions of intangible assets -2,976 -3,751 Acquisitions of property, plant and equipment -2,282 -2,754 Disposals of property, plant and equipment and intangible assets 28 8 Acquisitions of non-current financial assets -8 -31 Disposals of non-current financial assets 6 127 Net cash from acquisitions and disposals of subsidiaries 0 0 Net cash flows from investing activities -5,232 -6,401 Cash flows from financing activities Increases in capital and cash injections 0 0 Buybacks of treasury shares 0 -2,480 Dividends paid 0 0 Borrowings 0 0 Repayment of borrowings -2,447 -3,339 Impact of IFRS 16 adoption -669 -762 Other cash flows from financing activities -1 -28 Total cash flows from financing activities -3,117 -6,609 Impact of foreign currency translation adjustments -1,239 -200 Change in cash -6,862 4,890 Net cash at the beginning of the period 30,618 25,728 Net cash at the end of the period 23,756 30,618

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