Kapsch Trafficcom AgVIE: KTCG

Investor Presentation 2026 03 en

Mar 5, 2026 at 1:56 PM UTC · MarketScreener

‌Untertitel der Präsentation

Investor Presentation.

Challenging the limits of mobility for a healthier world without congestion.

March 2026

Content. Page

Equity Story.

4 - 13

Company Background.

14 - 31

Recent Results.

32 - 43

Contact.

Tolling

74%

Collects tolls or user charges on roads, in cities and on road corridors

Components

Hardware & software

Company Profile. Business.

Leading provider of Intelligent Transportation Systems (ITS) in areas of Tolling and

Traffic Management

End-to-end solutions as one-stop shop with in-house manufacturing in Austria and Canada

~3,000 employees in 25+ countries and successful projects in

50+ countries

Global player with regional focus in Americas, Europe, Middle East, Oceania and Southeast Asia

Intelligent Transportation Systems (ITS)

Implementation

Design & build of systems

Operations

Technical & commercial ops.

26% Traffic Management

Controls and optimizes traffic

in cities, on highways, in tunnels, on bridges and on road corridors

Components

Hardware & software

Market

Business Segments

Support and optimize traffic - including infrastructure, vehicles, users and industry - using information and communication technologies.

Implementation

Design & build of systems

30%

Listed at Vienna Stock Exchange, in Prime Market, under symbol KTCG, since 2007, free float at 36.7%, KAPSCH-Group Beteiligungs GmbH as majority shareholder holds 63.3%

Financial Performance.

in € mn (rounded) 2020/21 2021/22 2022/23 2023/24 2024/25

Net sales 505 520 553 539 530

EBITDA -67 33 27 89 29

EBIT -123 11 5 70 13

Free cash flow 4 17 3 106 21

Net debt 170 158 186 106 101

Gearing 200% 203% 363% 127% 111%

Equity ratio 14% 15% 11% 19% 20%

Employees 4,657 4,220 4,039 4,054 3,041

Financial year (April 1 to March 31)

Kapsch TrafficCom (KTC)

Americas

54%

Operations

Technical & commercial ops.

Business Types

16%

Regional Focus Markets.

47%

North- and Latin America

EMEA 49%

Europe, Middle East, South Africa

APAC 4%

Oceania, Southeast Asia

Percentages refer to 2024/25

Business Segments.

Intelligent Transportation Systems (ITS) in areas of Tolling and Traffic Management.

Tolling. Traffic Management.

Multi-Lane Free-Flow Tolling Plaza Tolling Interurban Traffic Management Urban Traffic Management

Dedicated Short-Range Communication

Global Navigation Satellite Systems

On-Board Unit for Light Vehicles

On-Board Unit for

Heavy Vehicles

Corridor Traffic Management

Advanced Traffic Management Systems

Traffic Controller "Green Wave" App

Revenue 2024/25: € 393mn

74%

Revenue 2024/25: € 137mn

26%

KTC designs, develops, manufactures, implements and maintains / operates hardware and software infrastructure for collection of tolls or user charges on roads, in cities and on road corridors.

KTC designs, develops, manufactures, implements and maintains / operates hardware and software infrastructure for control and optimization of traffic flow in cities, on highways, in tunnels, on bridges and on road corridors.

KTC also provides solutions for connected vehicles.

Market.

40%

Intelligent Transportation Systems (ITS) market comprises eight market segments with Traffic Management as largest segment and North America as largest region.

Inputs.

ITS Market Segments.

ITS Regions.

Application Areas.

Customer Groups.

Public Customers B2G

Urban Area Cities

Interurban Area Highways Bridges Tunnels

Road Corridors

Private Customers B2B/B2C

Software Components (32%)

Tolling

Traffic Management

Road Safety & Security

Freight Management

Public

Transport

Environmental Protection

Automotive Telematics

Parking Management

Hardware Components (53%)

Service (15%)

Middle East and Africa

Latin America

Asia Pacific

21%

Europe

12%

32%

North America

11%

13%

23%

21%

Source: Grand View Research

Kapsch Segments

Share of ITS Market in 2024

>>> For ITS Market Volume and Development, see page 23

Business.

74% of revenues is generated with Tolling and 26% with Traffic Management; overall, 54% of revenues is achieved with Operations, 30% with Implementation and 16% with Components.

All indicators refer to 2024/25

74%

Tolling. Traffic Management.

26%

Segments

Urban
Interurban
Connected Vehicles

Revenues

137

Technologies & tools

ATMS5
C-ITS6
SCADA7
Data Analytics
Artificial Intelligence8

Revenues 393

Segments

Multi-Lane Free-Flow / All Electronic Tolling
Location-Based Charging
Standalone Components
Plaza Tolling
Tolling Services

Technologies & tools

Microwave / DSRC1
Radio Frequency / RFID2
Satellite / GNSS3
Video / ANPR4
Mobile Tolling
Data Analytics
Artificial Intelligence

€ mn € mn

Implementation 105	27%
Operations 206	52%
Components 83	21%

EMEA 193	49%
Americas 180	46%
APAC 20	5%

Implementation 57	41%
Operations 79	58%
Components 1	1% 47%

EMEA 65
Americas 69	50%
APAC 4	3%

30%

Implementation.

Hardware components development & manufacturing in Austria and Canada and software solutions in-house development.

Operations. 54% Components. 16%

.Design, development and implementation of systems and applications.

EMEA 35	42%
Americas 43	51%
APAC 6	8%

Revenues 161

EMEA

APAC

Americas 85

€ mn

42%

52%

€ mn

Technical (monitoring, maintenance) and commercial (distribution channels, call center services, web portals, transaction handling, payment services) operations.

Revenues 285

EMEA

154

Americas 122

APAC

54%

43%

Revenues 84 € mn

1 Dedicated Short-Range Communication	2 Radio Frequency IDentification	3 Global Navigation Satellite Systems	4 Automatic Number Plate Recognition
5 Advanced Traffic Management Systems	6 Cooperative ITS	7 Supervisory Control and Data Acquisition	8 Machine Learning / Decision Support Systems / Digital Twins

Software And Platforms.

Past investment in expansion of software solutions and platforms makes Kapsch TrafficCom already much more to a provider of software and services run through platforms, although predominantly perceived as hardware provider.

Tolling. Traffic Management.

Operian Back Office for electronic toll collection.

Geo Location Platform for vehicle localization and map matching.

Deep Learning Versatile Platform for video analysis and digitalization of road infrastructure.

EcoTrafix multi-agency software suite for optimizing traffic management operations.

Dynac advanced traffic management system for monitoring and managing highway, bridge and tunnel operations.

Mobility Data Platform for traffic analysis and traffic intelligence.

Connected Mobility Control Center for monitoring and managing connected vehicle environment.

KTC Optimizes Mobility Across Domains.

In next few years, today´s independent areas of Tolling and Traffic Management will converge and / or cooperate on various solutions and services, which will allow to exploit synergies together with advent of connected vehicles.

Tolling

KTC solutions for toll collection keep traffic flowing optimally across the network.

End Users

Road Operators

Urban / Interurban

Traffic Management

KTC solutions redefine traffic management, reshaping urban mobility behaviors.

TOLLING

TRAFFIC

Urban Traffic Management Interurban Traffic Management

Multi-Lane Free-Flow Location-Based Charging Standalone Components Plaza Tolling

Tolling Services

Connected Vehicles

KTC connected vehicles (CV) solutions combine real-time traffic, roadway and incident information.

Urban CV Interurban CV CV Tolling

>>> See more on Solutions on page 17

Revenues And EBIT Margin Trend In Last 10 Years.

Last 10 years showed strong revenue growth in initial 5 years followed by downturn in 2019/20 and 2020/21, with EBIT margin decreasing from historic level of 12% to 2% in 2024/25.

520

539 530

13%

Revenues & EBIT Margin.

700

600

500

400

300

200

100

649

693

738 731

526

12%

505

-24%

2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25

Revenues EBIT Margin

553

-5%

Major Reasons For Downturn In 2019/20 And 2020/21.

Loss of contracts: Expiration of major toll operation contracts in Poland and the Czech Republic without adequate follow-up orders as well as cancellation of German passenger car tolling contracts.
Problematic projects: Several projects, especially in the US, were affected by technical difficulties, resource bottlenecks and delays; all of which led to higher costs resulting in margin adjustments.
COVID-19: Delays in project implementations worldwide (due to travel restrictions and blocked supply chains) triggered further margin adjustments.

Business Segment Tolling.

600

500

400

300

200

100

558 564

442

468

522

403

14%

358

370

10%

12%

378

14%

393

2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25

Revenues EBIT Margin

33%

-2%

Business Segment Traffic Management.

200

180

172

179 168

147

150

150 161

137

100

10% 10%

2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25

Revenues EBIT Margin

-2%

24%

-2%

-4%

-3%

Downturn In 2019/20 And 2020/21 Burdened Balance Sheet And Share Price.

2019/20 and 2020/21 caused strong burdening of balance sheet, with historic net cash turning into net debt position with peak at gearing of 363% in 2022/23, equity ratio falling from historic level of 45% to 11%; and share price down from € 24 to € 7.

Total Assets & Equity Ratio.

Net Cash / Debt & Gearing.

-50

2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 20

363%

-100

-74

200% 203%

-150

96%

-106

127%

-101

28%

-200

-176

Net Cash (+) / Debt (-)

-170

-158

111%

-186

Gearing

700

600

500

400

300

200

100

649

621

677 727

593

514 512

480

444

454

45%

35%

37%

38%

25%

14% 15%

11%

19% 20%

2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25

Total Assets Equity Ratio

24/

Major Reasons for Burdening.

Operational performance: Four financial years from 2019/20 to 2022/23
generated cumulative results for the period of € -191mn.
Value adjustments and impairments: Non-cash relevant impairments of the
years 2019/20 and 2020/21 amounted to € 56.2mn.
IFRS 16: Considerable depreciation of assets from leasing and interest component required in 2019/20.
Shut-downs and write-downs of investments: Certain activities were

terminated and investments partly written down.

23.85

Share Price.

7.16

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Share Price (in €; March 31, 2015 - March 31, 2025)

Key Investment Highlights.

Global player with sustainable business model providing intelligent solutions that address major challenges in areas of transportation and road infrastructure - efficiency, environmental impact and safety.

Global Provider Of Intelligent Transportation Systems.

Leading provider in areas of Tolling and Traffic Management - with global reach, decades of experience, high brand awareness, and reputation as quality leader.

End-to-End Solutions With Claim To Technology, Innovation, And Thought Leadership.

Provider of end-to-end solutions from design and implementation to operation and maintenance - with many years of industry expertise in standard and special solutions - using all common technologies - with claim to technology, innovation and thought leadership.

Growing Sales Markets.

Rapidly growing market with average growth of ~8%1 offering significant additional potential through vertical integration (Tolling as a Service) and entry into pioneering markets (Demand Management and Connected Vehicles).

Improved Performance And Stronger Financial Metrics.

Stable operating business and potential cash inflows from ongoing initiatives leading to significant improvement in financial indicators and reduction in debt. Additional positive one-time effects possible.

Experienced Management Team.

Owner-managed, listed company - management with many years of industry experience, combining international orientation with roots of family business. Entrepreneurship, market-oriented and timely decisions, and above-average commitment characterize corporate culture.

1 Compound Annual Growth Rate; Source: Grand View Research

Recent Analyst Opinions.

Three financial institutions are publishing reports on the Kapsch TrafficCom Share.

Erste Group, Daniel Lion. ODDO BHF, Klaus Breitenbach. Montega, Kai Kindermann.

"A second profit warning during the current FY25/26 pushes out hopes for a sustainable business rebound in the near term. Despite winning the first nation-wide mobile tolling contract in Lithuania, which could trigger follow up orders from other Baltic countries in our view, and a tolling contract in Greece recently, competition in Europe seems to have intensified. In the US and APAC tender activity is slow."

(February 17, 2026)

"Kapsch's final key numbers (group revenue, EBIT) for 9M 2025-26 were in line with prelims released on 16 February 2026. Both numbers were below our estimates. Revenue declined by 25.1% y-o-y to € 307.4m (-9.6% vs ODDO BHF) whereas EBIT improved by ca. 110% to € 12.4m

(-17.3% vs ODDO BHFe). As a result, the EBIT margin rose to 4.0% or +260bp y-o-y (ODDO BHFe: 4.4%)."

(February 27, 2026)

"The market environment is expected to remain challenging, with no recovery anticipated before FY 2027/28. This reflects restrained public investment and technological uncertainty regarding the future of connected vehicles. In this environment, we expect moderate growth at a low level in 2026/27, but no structural recovery toward prior-year levels."

(February 20, 2026)

"In our model we have incorporated the new guidance to FY25/26e. For the coming two years, we have reduced our revenue expectation as we do not see larger tenders on the horizon that could speed up order intake and revenue dynamics. Our EBIT assumptions are confirmed, assuming the cost cutting program should compensate a lower business volume. (…) With our new assumptions we arrive at a target price of EUR 5.8, confirming our Hold recommendation."

(February 17, 2026)

"The performance of Kapsch during 9M 2025-26 was below our expectations. On the back of our model update (average of a DCF and peer group multiples valuation), we set a new target price of € 7.5 vs € 8.5. We believe that the company's focus on cost adjustments and the order backlog of € 1.2bn continue to provide a solid basis for future profitable growth. We reiterate our Outperform rating."

(February 27, 2026)

"In recent quarters, Kapsch repeatedly fell short of its own expectations, prompting multiple significant downward adjustments to its guidance. At the same time, new contract wins, such as the recent award for the nationwide tolling system in Lithuania, demonstrate the company's competitiveness. We therefore expect continued operational and financial uncertainties in the short term but still see medium-term upside potential. Against this backdrop, we reiterate our rating but lower our price target to EUR 6.50."

(February 20, 2026)

Untertitel der Präsentation

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Company Background.

History Of Kapsch.

Kapsch can look back on more than 130 years of history and has always been a family-run company since its foundation -

currently in its fifth generation.

Johann Kapsch founds precision workshop in Vienna for telephony and morse telegraphy devices.

1892

Kapsch starts to

manufacture capacitors.

1918

Entry into manufacturing of radio equipment. Shortly afterwards, Kapsch becomes co-founder of Radio-Verkehrs-AG (RAVAG), thus initiating radio age in Austria.

1924

Equipping telecommunications offices with first standardized, nationwide, direct dialing system.

1948

Kapsch presents first black-and-white television on Austrian market.

1958

Establishment of Tolling division at Kapsch

1991

First major Traffic Management contract to implement nationwide ecopoints system in Austria.

1995

World's first electronic toll collection system for multi-lane free-flow traffic launched on an urban highway in Melbourne, Australia.

1999

Kapsch TrafficCom AG founded as separate legal entity within Kapsch Group.

2002

KTC introduces nationwide heavy vehicle tolling system in Austria: the world's first nationwide electronic toll collection system for multi-lane free-flow traffic.

2004

IPO of KTC AG.

2007

Market entry in North America through acquisition of Mark IV IVHS, Inc., US provider of All Electronic Tolling components in North America.

2010

Market expansion in Traffic Management through strategic acquisitions of Transdyn, Inc., US, and transportation division of Schneider Electric.

2014-2017

Business downturn due to loss of projects, termination of contracts in Germany, delivery difficulties in the US and COVID situation including blocked supply chains.

2018-2022

Settlement agreements with Germany on termination of operation and automatic control contracts for electronic toll collection of passenger cars in Germany.

2023-25

Executive Board.

Georg Kapsch

CEO

Alfredo Escriba

CTO

Samuel Kapsch

COO

Technology & Platforms | Software Excellence | Application Centers Tolling and Traffic | Product Management | Corporate Information & Management Systems

Sales regions Latin America and Asia-Pacific | Supply Chain Management | Production Austria | Marketing

Solutions. Areas. Segments. Sub-Segments.

Radio Frequency (RFID)-Based Tolling / All Electronic Tolling (AET)

Solutions.

Nationwide End-to-End MLFF Tolling Distance (Sector)-Based MLFF / AET Tolling Small / Regional MLFF / AET Tolling

Tolling.

Multi-Lane Free-Flow (MLFF) Tolling

Location-Based Charging

Standalone Components Plaza Tolling

Tolling Services

Standalone Operational Back Office (OBO) / Image Processing System (IPS)

Congestion Management and Urban Access

Global Navigation Satellite Systems (GNSS)-Based Tolling Systems and Components for Toll Service Providers (TSPs) Standalone Stationary Enforcement in GNSS Environment

MLFF & GNSS Components

SCADA on Bridges and in Tunnels

Highway ATMS

Advanced Traffic Management Systems (ATMS)

Interurban C-ITS

Smart Traffic (Interurban)

Intelligent Intersection

Smart Urban Advanced Traffic Management System Urban Cooperative ITS (C-ITS)

Demand Management

Smart Traffic (Urban)

Umbrella System

Plaza Tolling Tolling Services

Standalone OBO / IPS Congestion Charging

Clean Air / Low Emission / Limited Access Zones

Distance-Based Tolling

Systems and Components for TSPs

Standalone Stationary Enforcement in GNSS Environment

MLFF & GNSS Components

Plaza Tolling

Tolling Services B2B & B2C

Urban Traffic Control

Intersection Field Maintenance

Traffic Signal Control

Urban

Integrated Mobility

Interurban

Supervisory Control And Data Acquisition (SCADA)

Connected Vehicles (CV)

CV-enabled Solutions

Traffic Management.

Customers Groups.

Tolling.

Congestion Management
Urban Access
Traffic Management.
Urban Traffic Control
Integrated Mobility
Smart Traffic (Urban)
Connected Vehicles (Urban)

Other Private Customers (B2B/B2C).

Increasing number of corporate (private) customers in urban ITS.

Municipalities (B2G).

95% of demand for Traffic Management and Tolling solutions come from public authorities.
Regional characteristics of cities lead to countless independent sub-markets.

End-to-end solutions to public authorities (B2G), companies / business customers (B2B) and to certain extent to consumers (B2C).

Areas. Customer Groups. KTC Solutions.

Urban Area.

Customer base consists mainly of public authorities.
Public customers of urban solutions are different from public customers for interurban solutions (municipality vs. states / federal governments).
Customer needs for urban and interurban systems are diverse and individual.

Interurban Area.

Tolling.

Multi-Lane Free-Flow Tolling
Location-Based Charging
Standalone Components
Plaza Tolling
Tolling Services
Traffic Management.
Interurban Traffic Management
Supervisory Control and Data Acquisition
Connected Vehicles (Interurban)

Concessionaires (B2B).

Increasing number of private operators of highways, tunnels and bridges.

Federal States, States and Operators (B2G/B2B).

In US, public authorities or operators (B2G) dominate, while in Europe there is a combination of public (B2G) and private (B2B).

B2G - Business-to-Governments B2B - Business-to-Business B2C Business-to-Consumers

Business Model.

End-to-end solutions as one-stop shop with in-house manufacturing of hardware and software development with high degree of flexibility covering entire value chain of customers.

Services offered as end-to-end solutions in one-stop shop approach with in-house manufacturing of hardware in Austria and Canada and in-house development of software solutions.

High degree of flexibility for responding to customer needs from supplying components, to designing and building complete turnkey systems, to operating them.

Implementation.

30%

Operations.

54%

Components.

16%

Design, development and implementation of Tolling and Traffic Management systems and applications.
Implementation of hardware and software offers cross-selling potential for business types Operations and Components (see right) and thus end-to-end solutions for customers.

Maintenance/Operations contracts vary according to:
- Technical Operations: Monitoring, maintenance and constant improvement of systems.
- Commercial Operations: Planning and realization of distribution channels, set up and operations of call center services, design of web portals and implementation of payment systems based on software solutions (back office systems).

Development and manufacturing of hardware components in Austria and Canada:
- In-vehicle components (On-Board Units)
- Road-side components (Road-Side Units)
- Traffic controllers
In-house development of modular software

solutions.

End-to-End Solutions as One-Stop Shop.

Percentages refer to Financial Year 2024/25

Regional Focus Markets.

KTC is a global player with ~3,000 employees in 25+ countries and regional focus in Americas, Europe, Middle East, Oceania

and Southeast Asia.

EMEA

49%

Europe, Middle East, South Africa

Regional focus in Americas, Europe, Middle East, Oceania and Southeast Asia

~3,000 employees in 25+ countries and successful projects in 50+ countries

Revenues

257 € mn

Americas

Revenues

Countries

Employees

47%

249

North- and Latin America

€ mn

1,271

Countries 14
Employees 1,688
Tolling 193	75%
Traffic Management 65	25%

Implementation 69	27%
Operations 154	60%
Components 35	14%

APAC

4% Oceania, Southeast Asia

Revenues 24

€ mn

Tolling 180	72%
Traffic Management 69	28% 34%
Implementation 85	28% 34%
Operations 122	49%
Components 43	17%

Countries 3

Employees 82

Tolling

83%

Full-time equivalents as of March 31, 2025

Number of countries with employees as of March 31, 2025

Implementation 8	33%
Operations 9	38%
Components 6	25%

Traffic Management 4 17%

Percentages refer to Financial Year 2024/25

Successful Projects In Tolling.

Tolling solutions from Kapsch TrafficCom are used in infrastructures all over the world.

Tolling components for the fully Electronic Toll Collection system of the E-ZPass Group, an association of 19 toll authorities.

North/East Coast, USA

Fully Electronic Toll Collection system for New York State Thruway Authority (NYSTA).

New York, USA

Tolling system for multi-lane

free-flow traffic.

Chile

Nationwide heavy vehicle fee (LSVA). Schweiz

Customer service for nationwide Tolling system for multi-lane free-flow traffic.

Poland

Nationwide Tolling system for multi-lane free-flow traffic.

Austria

Nationwide satellite Tolling & eVignette. Bulgaria

SmartToll Plaza Tolling.

Buenos Aires, Argentina Tolling system for multi-

Tolling system for multi-lane free-flow traffic.

Gauteng, South Africa

lane free-flow traffic. Melbourne, Sydney and Brisbane, Australia

Successful Projects In Traffic Management.

Global player with successful Tolling and Traffic Management projects in more than 50 countries.

US 75 Integrated Corridor Management.

Dallas, Texas, USA

National Traffic Management centers.

UK / Netherlands

Demand Management system "Green Wave". Vienna, Austria

Software for authority-wide Traffic Management for the Port Authority of New York & New Jersey (PANYNJ).

New York and New Jersey, USA

Smart Columbus Connected Vehicle environment in Smart City.

Georgia, USA

City-wide Traffic Management systems.

Madrid, Bilbao and Malaga, Spain

City-wide Traffic Management systems. Jeddah, Makkah and Madinah, Saudi Arabia

City-wide Traffic Management system. Buenos Aires, Argentinia

Intelligent Corridor Management for Australian Integrated Multimodal EcoSystem (AIMES).

Melbourne, Australia

Nationwide Traffic Management system.

New Zealand

Intelligent Transportation Systems (ITS) Market Volume And Development.

Total ITS Market with volume of € 31bn in 2024, KTC market segments account for 43% (€ 13.2bn). The total addressable market

€ bn

43%

1.3

+8.9%

1.5

+8.2%

9.9

+8.0%

3.2

+7.0%

1.7

+9.2%

2.9

+10.2%

3.6

+8.4%

6.5

+9.6%

Parking Management

Automotive Telematics

Road Safety & Security

Public Transport

for KTC is expected to grow by 8.1% p.a. until 2030, but the growth forecast for 2025/26 is doubted by KTC.

€Xbn

Environmental Protection

Freight Management

Traffic Management

Tolling

Total Market	30.6
(TM)	+8.6%

Market Volume in 20241

Compound Annual Growth Rate (CAGR) 2025-20301

KTC Segments

1 Source: Grand View Research

Tolling And Traffic Management Market Volume And Development. Tolling. Traffic Management.

APAC

8.2%

9.0%

COVID-19

2.1

2.0

1.8

1.7

1.6

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

1.5

0.3

-0.7%

0.3

0.6

0.7

0.8

0.3

0.4

0.5

1.2

∑ € 3.2bn

6.7%

EMEA

1.0

-3.7%

1.0

5.4%

1.6

1.7

1.8

1.0

1.1

1.4

1.2

1.3

1.4

1.5

COVID-19

5.8%

Americas

1.3

-4.1%

1.2

4.9%

1.4

4.7

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

5.0

5.4

5.8

6.2

6.8

COVID-19

10.1%

APAC

1.2

-0.2%

1.1

8.9%

1.9

2.1

2.4

2.7

3.0

1.2

1.4

1.5

1.6

1.8

4.8

∑ € 9.8bn

7.3%

EMEA

-3.4%

3.0 2.8

2.8

3.3

5.8%

3.5

3.7

3.9

4.1

4.4

4.5

5.2

5.7

COVID-19

6.6%

Americas

3.8

-3.7%

3.5

4.1

5.5%

4.3

Global Tolling market reached volume of € 3.2bn in 2024, growing by 7.1% p.a. between 2025 and 2030.
4th largest ITS segment at 11% of total ITS market.
Americas (North and Latin America) is largest region, closely followed by EMEA, and APAC shows strongest growth.

Global Traffic Management market reached volume of € 9.8bn in 2024,
growing by 8.0% p.a. between 2025 and 2030.
Largest ITS segment at 32% of total ITS market.
Americas (North and Latin America) is largest region, followed by EMEA, and

APAC shows strongest growth.

Source: Grand View Research.

Compound Annual Growth Rate (CAGR).

$/€ exchange rates: 2018 (1.18), 2019 (1.12), 2020 (1.14), 2021 (1.18), 2022-2023 (1.05), 2024-2030 (0.96).

Industry Evolution.

Market Drivers, Megatrends Until 2030 And Industry Evolution. Market Drivers. Megatrends Until 2030.

Sustainability As Basis.

Solutions address major challenges in areas of transportation and road infrastructure - efficiency, environmental impact, and safety.

Investor Presentation | March 2026 26

Transportation Solutions For Sustainable Mobility. Organization.

Tolling: Distance-based Tolling can improve transportation efficiency and contribute to CO₂ savings of >10%. Well-maintained road surface, financed by tolls, leads to significant fuel reduction.
Traffic Management: Reduction of stop-and-go traffic in cities can reduce CO₂ emissions by 8% on average in developed cities and 15% in emerging cities.
Low Emission Zones: With defined zones for environmentally friendly vehicles only,
greenhouse gas emissions can be reduced by up to 20%.
Demand Management: Combined solutions comprising Tolling and Traffic Management components can reduce emissions by up to 30%.

ESG Task Force with employees from different areas, headed by ESG Officer.
Board responsibility with CEO.
ESG targets also reflected in targets for remuneration of Executive Board.
Sustainability Vision. EU Taxonomy (FY 2024/25).
- Sustainable portfolio: Increase of proportion of taxonomy-aligned products to 50% by 2030.
- Sustainable company: Reduction of CO₂ footprint of Kapsch TrafficCom by 42% by 2030.

99.7% of revenues taxonomy-eligible.
4.7% of revenues taxonomy-aligned.

Sustainability Policies, Actions And Targets. Sustainability Vision.

Kapsch TrafficCom addresses material Environmental (E), Social (S) and Governance (G) topics.

Business Model And People Strategy And Business Governance And Supplier Code of Conduct. Corporate Culture.

ENVIRONMENTAL (E) topics.

Climate change mitigation and adaption: Reduce emissions in Scope 1, 2 and 3, such as reduce own fuel and electricity consumption, environmentally friendly packaging and augment cloud solutions.
Pollution of air: Contribute to reducing traffic-related air emissions.
Resource use / circular economy: Leverage material reduction, such as infrastructure-reduced solutions, refurbishment service and green gantry.

SOCIAL (S) topics.

Own workforce: People strategy is set on 4 pillars: career mobility - flexible working -attractive rewards - learning experience,
with many actions and initiatives in various areas, such as working conditions, equal treatment and career opportunities.
Value chain: Supplier onboarding, audit and review meetings also include ESG topics.

GOVERNANCE (G) topics.

Kapsch Group Code of Conduct: Describes principles, values and rules of conduct.
Information security: Structured management system addresses protection of customer and user data.
Compliance: Organization, actions and training to prevent corruption and bribery.

Targets.

Increase proportion of taxonomy-aligned products to 50% by 2030.
Reduce CO₂ footprint of KTC by 42% by 2030 compared to the 2019/20 financial year.

Targets.

Increase employee satisfaction to employee Net Promoter Score (eNPS) of 20.
Increase share of women in management positions to at least 30%.

Targets.

Keep 0 incidents, convictions or fines in any areas.

Sustainability Statement 2024/25 In Accordance With CSRD.

Strategy.

Strategy was reviewed in 2024/25.

Of Existing Business.

KTC focuses on its core competencies of Tolling and Traffic Management and invests in solutions and capabilities.

Main activity is and will be project business, for which KTC develops excellence in system integration, project execution and operations.

Further Development

Active Role In Transformation

Technology, Innovation

Of Industry.

KTC takes an active role in the transformation of its industry and business, with

innovative solutions.

In future, relationships between stakeholders in connected mobility industry have to be managed by an intermediary.

And Thought Leadership.

Technology leadership. KTC follows a continuous technology transformation program.

Innovation leadership. KTC constantly questions and adapts itself to industry changes.

Thought leadership. Customers contact KTC because they value its advice and opinion.

Identity.

KTC is a globally renowned provider of end-to-end transportation solutions for a healthy world without congestion.

Mission.

Creating innovative solutions for sustainable mobility in transportation to enable users to arrive at their destination conveniently, on time, safely, efficiently, and with minimal environmental impact.

Goals.

KTC is recognized as thought leader in the industry.

KTC increases revenues and thereby grows stronger than the market.

Vision.

Challenging the limits of mobility for a healthy world without congestion.

Kapsch TrafficCom Share.

€ 5.80

Hold

Erste Group

KAPSCH-Group Beteiligungs GmbH is majority shareholder of KTC AG, listed on the Prime Market in Vienna.

Shareholder Structure. Institutional Investors By Region. Research Coverage*.

Source: Shareholder survey from March 2025

€ 6.50

Buy

€ 7.50

Outperform

ODDO BHF

Montega

* As per Febraury 27, 2026

Selected Events. Basic Information.

June 17, 2026 Result FY 2025/26

August 26, 2026 Result Q1 2026/27

More information: https://www.kapsch.net/ir

Listed in Vienna, Prime Market, since 2007 ISIN: AT000KAPSCH9

Capital increases in 2011 and 2023 Reuters: KTCG.VI

Total of 14.3 million shares Bloomberg: KTCG AV

Share Price Development In Last 12 Months.

Kapsch TrafficCom AG shares could not keep up with ATX Prime benchmark in the last 12 months, but analysts' price

targets consistently point to upside potential.

150

140

138

Ad-Hoc

Q1-3

130

120

110

100

2025

2026

ATX Prime Kapsch TrafficCom

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