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Nemetschek : Presentation for the Annual General Meeting 2026 (Presentation NEM AGM 2026 EN FINAL)
Nemetschek : Presentation for the Annual General Meeting 2026 (Presentation NEM AGM 2026 EN
About this update from Nemetschek Se
Welcome to the NEMETSCHEK SE Annual General Meeting 2026 May 21, 2026 NEMETSCHEK SE Annual General Meeting 2026 Kurt Dobitsch Chairman of the Supervisory Board May 21, 2026 NEMETSCHEK SE Annual General Meeting 2026 Yves Padrines (CEO) Louise Öfverström (CFO) May 21, 2026 01. Overview and Strategic Update Overview of Nemetschek Group Industry-leading product portfolio covering the entire AEC/O lifecycle and all market segments PLANNING + DESIGN BUILD + CONSTRUCT OPERATE + MANAGE BUILDING LIFECYCLE INTELLIGENCE / DIGITAL TWIN MEDIA + ENTERTAINMENT 5 Strategic Focus: Artificial Intelligence: Becoming a Vertical AI Leader Innovation Focus AI & Sustainability Business Model Transformation to Subscription & SaaS Strengthening Go-to-Market Group-wide Cloud Platform & Infrastructure Mergers & Acquisitions / Venture Investments Business Enablement & Operational Excellence Footnote and source 6 Address Workforce TAM Expand competitive moat Nemetschek Group: Becoming a Vertical AI Leader Ideally positioned to win in AI as a leading vertical software provider Strategic Pillars to Develop & Scale AI Capturing the huge AI opportunity $ Further enhance internal efficiency Build a data & intelligence flywheel Product Development M&A & Venture Investments Strategic Partnerships Nemetschek AI Data Access Across Life Cycle Deep domain expertise Trusted customer relationship & network effect 7 NEMETSCHEK 02 Acquisition of HCSS Building the Next Global Construction Technology Giant Nemetschek Group reinforces its position as a leading player across the global AEC/O industry BUILD & CONSTRUCT DIVISON 9 HCSS: One of the World's Largest Infrastructure & Heavy Civil Construction Software Providers Facts & Figures* (FY-25) ~$215m Revenue ~17% Revenue Growth ~21% ARR Growth 1 <2% Revenue Churn ~40% EBITDA Margin 2 *Reported figures according to US-GAAP Founded 1986 in the USA 550+ employees with headquarters in Sugar Land, Texas, USA Leading Software Portfolio for infrastructure & heavy civil construction ~4,000 customers across heavy civil, highway, infrastructure, and utility contractors, primarily in the U.S. and Canada Customer-centric approach with high customer retention and strong, profitable growth Recurring Revenues: Mainly subscription-based model with high ARR growth 1 Annual Recurring Revenue (ARR) according to Nemetschek definition: Average of all recurring revenues (Sub./SaaS and maintenance contracts) over the last three months x 4 2 Based on US-GAAP on a standalone basis, excluding extraordinary, non-operating effects, and before any potential future consolidation impacts A Leading End-to-End Platform HCSS is purpose-built for heavy civil and infrastructure construction. Its subscription-based platform delivers mission-critical solutions supporting self-performing contractors in every stage of the project lifecycle -from bidding a job to delivering safely, on time, and on budget. 10 Acquiring a Leader in Infrastructure & Heavy Civil Construction Unique combination of highly complementary construction tech leaders CREATING A LEADER IN CONSTRUCTION TECHNOLOGY INCREASING TAM & STRENGTHENING POSITION IN INFRASTRUCTURE COMPELLING SYNERGIES PRESERVE BALANCE SHEET FLEXIBILITY 04. 02. HCSS will become part of the Build & Construct segment which will continue to be managed, controlled and fully consolidated by the Nemetschek Group Nemetschek Group to hold majority with ~72% while Thoma Bravo will hold ~28% as minority shareholder in the Build & Construct segment The Nemetschek Group's integrated management structure, operating model, and corporate governance will remain unchanged. The segment will continue to be managed, controlled, and fully consolidated by the Nemetschek Group. 01. 03. 11 Build & Construct Ambition 2028: Unique Combination of Scale, Growth and Profitability HIGH GROWTH Nemetschek Group's Build & Construct Segment Revenue Outlook to >€1.0bn HIGH QUALITY Nemetschek Group's Build & Construct Segment Recurring Revenue Share ~95% HIGH PROFITABILITY Nemetschek Group's Build & Construct Segment EBITDA Margin increases to >40% 12 Overview of Nemetschek Group Industry-leading product portfolio covering the entire AEC/O lifecycle and all market segments PLANNING + DESIGN BUILD + CONSTRUCT * OPERATE + MANAGE BUILDING LIFECYCLE INTELLIGENCE / DIGITAL TWIN MEDIA + ENTERTAINMENT 13 * ~28% of Build & Construct owned by Thoma Bravo as minority shareholder 03. Financial Results 2025 FY-25: Very Successful Continuation of our Profitable Growth Path ARR EUR m Revenue EUR m EBITDA EUR m EPS EUR +17.6% +22.9% cc 1 1,199.2 1,019.9 +19.7% +22.6% cc 1 1,191.2 995.6 +23.3% +28.9% cc 1 371.1 301.0 +23.8% 1.88 1.52 2024 2025 2024 2025 2024 2025 2024 2025 1 Constant currency 15 Successful Transition to an Almost Fully Recurring Business Model by type in % 1,200 1,098 (+31%) 1,000 861 (+32%) 859 (+56%) 800 653 (+25%) 92% (87%) 600 533 (+22%) 568 (+88%) FY-25 417 (+18%) 400 302 (+51%) 5% (10%) 200 132 (+48%) 204 (+47%) 3% 0 (3%) FY-21 FY-22 FY-23 FY-24 FY-25 Subscription/SaaS Revenue (Growth cc) Recurring Revenue (Growth cc) EURm Revenue Share Recurring & Subscription/SaaS 2021-2025 Recurring revenues (Software services (20%); Subscription/SaaS (72%)) Licenses Consulting & Hardware 1 Constant currency 16 Revenues per Region FY-25: High Growth Across all Regions EMEA Americas Asia/Pacific 48% Share +17% Growth 42% Share +24% Growth 10% Share +16% Growth 17 Segments FY-25: Design and Build Segments Main Growth Drivers DESIGN BUILD MANAGE MEDIA +10.4% +12.2% cc 1 +41.3% +46.6% cc 1 +4.0% +3.9% cc 1 +0.8% +2.9% cc 1 Revenues EURm 488.8 539.8 481.3 49.9 51.9 120.1 121.0 340.7 Margin FY-24 FY-25 FY-24 FY-25 FY-24 FY-25 FY-24 FY-25 29.6% 28.1% 31.8% 35.8% 10.2% 12.0% 35.7% 33.9% 1 Constant currency 18 Solid Balance Sheet : A Strong Foundation for Further Growth In EURm 2500 Assets 2,136.3 2,118.2 Equity & Liabilities 2,136.3 2,118.2 1,722.7 207.9 205.7 1,640.7 225.5 252.0 944.5 656.3 535.6 Equity Ratio: 45.6% 965.5 527.3 625.5 2000 1500 1000 500 0 2024 2025 2024 2025 Non-current assets Current assets (excl. cash) Cash & cash equivalents Equity Non-current liabilities Current liabilities 19 04. Relevant ITEMS TOP 2: Dividend Proposal - Increase to 0.68 EUR per Share Dividend Development per Share 90 63.5 55.4 52.0 45.0 32.3 34.7 28.9 31.2 25.0 19.3 0.17 0.22 0.25 0.28 0.27 0.30 0.39 0.45 0.48 0.55 0.68 1 80 78.5 70 60 Mio. EUR 50 40 30 20 10 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.90 EUR per share 0.6 0.3 0.0 Total dividend payments in mEUR Dividend per share in EUR 21 1 Proposal to the AGM on May 21, 2026. Further Relevant Topics ITEM 7: Resolution on the approval of the remuneration report for the 2025 financial year ITEM 8: Resolution on the approval of the remuneration system for the members of the executive board ITEM 9: Resolution on the confirmation of the remuneration system and remuneration of the members of the supervisory board 22 05. Financial Results Q1-26 Key Financial Highlights Q1-26: Very Successful Start to the Year Revenues: +10.7% to EUR 313.1m (+17.0% cc 1 ) EBITDA: +22.0% to EUR 98.4m (+29.6% cc 1 ) Cash Conversion: 142.7% ARR Growth: +14.4% to EUR 1,187.5m (+21.0% cc 1 ) EBITDA Margin: 31.4% Net Debt Position: EUR -7.8m Subscription/SaaS Revenues: +27.3% to EUR 248.3m (+35.4% cc 1 ) Earnings per Share: EUR 0.52 (+34.5%) EPS before PPA: EUR 0.60 (+31.6%) Equity Ratio: 47.3% 1 Constant currency 24 06. Outlook 2026 Outlook FY-26: Fully on Track After Very Strong Start to the Year Starting Point Guidance 2025 2026 Revenue: EUR 1,191.2m (reported) Revenue Growth: +19.7% (reported) + 22.6% (at constant currency) Revenue Growth: +14% - 15% (at constant currency) EBITDA Margin: 32% - 33% (reported) EBITDA Margin: 31.2% (reported) 1 Note: The growth in FY 2025 benefitted from M&A contribution & temporary positive effects related to the successful completion of the 26 subscription transition of Bluebeam NEMETSCHEK SE Annual General Meeting 2026 Kurt Dobitsch, ChairmanoftheSupervisoryBoard May 21, 2026 Overview of the ITEMs of the AGM 2026 2 Use of the balance sheet profit for FY-25 6 Appointment of the auditor of the sustainability reporting for FY-26 5 Appointment of the (Group) auditor for FY-26 and of the auditor for the condensed financial statements and the interim management report for H1 2026 9 Confirmation of the remuneration system and remuneration of the members of the supervisory board 3 Approving the action of the members of the Executive Board for the FY-25 Approving the action of the members of the 4 Supervisory Board for the FY-25 (individual vote) 7 Approval of the remuneration report for FY-25 8 Approval of the remuneration system for the members of the executive board 28 NEMETSCHEK SE Annual General Meeting 2026 Plenarydebate May 21, 2026 NEMETSCHEK SE Annual General Meeting 2026 Kurt Dobitsch, ChairmanoftheSupervisoryBoard May 21, 2026