Osterreichische Post : Investor Presentation (Q1 2026 Austrian Post Investor Presentation)

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‌AUSTRIAN POST INVESTOR PRESENTATION Q1 2026 Walter Oblin, CEO Barbara Potisk-Eibensteiner, CFO Vienna, 8 May 2026 ‌CHALLENGING GEOPOLITICAL AND ECONOMIC ENVIRONMENT IN 2026 Economy/Market environment Economic forecast: Improvement year-on-year Geopolitical uncertainties, Middle East conflict Tariff measures and regulatory proposals Declining letter and direct mail business Cost pressure and digitisation among key customer groups (public and private sector) Subdued investment climate and low corporate advertising expenditures Need for regulatory adjustments in Austria Structurally growing parcel business faces strong competition E-commerce as a growth driver Market concentration of large e-commerce players (market dominance, insourcing ambitions) Uncertainties due to customs restrictions 2026e 2025 2024 +4.4% +4.4% Inflation +1.6% +1.3% Real GDP in EUR 2026e 2025 2024 +28.6% +34.9% Inflation +3.4% +3.6% Real GDP in TRY 2026e 2025 2024 + 2.7 % +3.6% Inflation +0.9% +0.6% Real GDP in EUR Austria CEE/SEE Türkiye Source: Statistics Austria, Austrian National Bank, WIFO, IMF, Central Bank of the Republic of Türkiye, Turkish Statistical Institute (Status as of April 2026) INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 2 ‌KEY TOPICS IN Q1 2026 Volume development Digitisation: Further decrease in Austrian letter mail volumes: -9% E-commerce : Strong parcel growth: Austria (+10%), CEE/SEE (+9%) and Türkiye+ (+2%) Revenue Revenue up by 0.9% to EUR 770.7m Revenue growth driven by e-commerce (E-Commerce & Logistics division: +6.9%) Transformation in telecommunications (no revenue in Q1 2026 compared with around EUR 7m in Q1 2025) and restrictive regulatory measures are affecting parcel imports into Türkiye (negative volume effect of approximately 5%) Seasonal development as expected with weaker H1 and stronger H2 Earnings EBITDA of EUR 93.8m (- EUR 7.7m) EBIT of EUR 36.8m (- EUR 11.6m) Switching of telecommunications offer to YELLLOW Challenging CEE/SEE competitive environment Reduced Asian volumes in Türkiye Initial consolidation as of 6 March 2026 , business model with profitable growth Solid business development - Positive results in Q1 2026 - Preparation for market launch of stocks and ETFs YELLLOW made a good start in the mobile phone market on 1 April 2026 - customer ramp-up on track INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 3 ‌AUSTRIAN POST AT A GLANCE Bank - Financial Services E-Commerce & Logistics Parcels & Express Fulfilment & Cash Transport E-Commerce Services Mail, Retail & Services Letter Mail & Business Solutions Direct Mail & Media Post Branch Services & Telecommunications Revenue mix Q1 2026 Financial Services Parcel International 23% 5% EUR 771m Revenue 35% 23% 13% 1% Letter Mail & Business Solutions Direct Mail & Media Post Revenue 2025: EUR 1,210m Revenue 2025: EUR 1,720m Revenue 2025: EUR 143m Parcel Austria & Logistics Solutions Branch Services & Telecommunications Adjusted to the new segment structure from 1 January 2026 INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 4 Group Revenue 2025: EUR 3,043m EBITDA 2025: EUR 413m EBIT 2025: EUR 197m ‌VISION 2030: LEADING LOGISTICS & SERVICES GROUP REACHING MORE THAN 150M PEOPLE IN AUSTRIA, CEE, TR & BEYOND 1 2 POST & BEYOND IN AUSTRIA Leading provider of key services - post, bank, telco & more SUSTAINABILITY, CUSTOMER & CULTURE Sustainability-oriented, customer-driven, and people-focused company INTERNATIONAL E-COMMERCE Leading e-commerce partner in Austria, CEE, Türkiye & beyond to reach more than 150m people 3 ONE GROUP - OPERATIONALLY EXCELLENT Efficiency- and technology-focused integrated group INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 5 ‌1 STRUCTURAL CHANGE IN LETTER MAIL/DIRECT MAIL IN AUSTRIA Letter Mail volumes Millions of shipments 1,137 -59% Decline in account information from insurance companies in Q1 Ø -5.1% p.a. 465 2008 2026 Direct Mail/Media Post volumes Millions of shipments 4,933 -37% Ø -2.7% p.a. 3,098 2008 2026 Mail Revenue EUR m Letter Mail Direct Mail/Media Post -16% 1,272 1,064 CONTINUOUS PRODUCT ADJUSTMENTS + NETWORK OPTIMISATION 2008 2026 1 ‌POSTAGE RATES: AUSTRIA IN THE LOWER THIRD OF EUROPE Estonia Italy Finland Belgium Norway Latvia Iceland Greece Sweden Lithuania UK Slovakia 1.00 1.30 1.20 1.40 1.58 1.80 2.00 2.45 2.42 2.75 1.96 1.90 2.08 2.20 2.47 2.45 3.00 3.10 Ireland France Czech Republic Netherlands Poland Slovenia Switzerland Austria Romania Luxembourg Hungary 0.71 1.28 1.16 1.00 1.09 1.00 0.98 1.52 1.02 1.48 1.40 1.38 1.31 1.31 1.30 1.28 1.20 1.85 Tariff adjustments as of 1 January 2026 RSa/RSb letter mail International letter mail Mail forwarding, postal power of attorney Direct Mail/Media Post (leaflets, newspapers, etc.) Croatia Portugal Spain Germany Bulgaria Malta Cyprus 0.46 0.34 0.72 0.73 0.96 0.95 0.45 0.41 0.77 1.00 1.00 Domestic standard letter <20g (nominal prices ) 3-5 working days delivery 1-2 working days delivery EUR, February 2026 Further measures are planned for the second half of 2026 1 ‌ONGOING POSITIVE DEVELOPMENT OF BANK99 Break-even achieved after 5 years Bank99 earnings in IFRS (EUR m) 1.5 2023 2024 2025 2026e bank99 balance sheet total as at 31.03.2026 0.2 1.4 2.0 3.6 0.6 0.4 EUR bn Cash 4.2 4.2 Other Loans Mortgage loans EUR 1.7bn Consumer loans EUR 0.3bn Financial assets (government bonds) Other Assets 0.2 Equity & Liabilities Customer deposits bank99 Net interest income EUR m 63 65 70 29 2022 2023 2024 2025 Equity Highlights/ Next steps in 2026 Very good Q1 2026 business development (EBIT of EUR 2.6m) Wide range of stocks and ETFs from summer 2026 Current account offering for SMEs from Q3 2026 Further expansion of the product range for housing finance ‌1 24/7 SELF-SERVICE SOLUTIONS INCREASINGLY POPULAR IN AUSTRIA Extensive use by customers (millions of items) First Mile (send, return) Last Mile (receive) 35.1 1.3 2014 2025 Successful network rollout through expansion of postal points (Branches, postal partners, post stations) +59% 2,969 ~3,050 2,612 1,871 2023 2024 2025 2026e ‌1 MOBILE PHONE PACKAGE SUCCESSFULLY LAUNCHED MOBILE PHONE RATES HARDWARE Reliable network quality of a major provider Favourable rates without a binding contract INTERNET RATES ADDITIONAL PACKAGES Consulting and service close to customers ‌2 INTERNATIONAL PRESENCE OF THE AUSTRIAN POST GROUP E-commerce service provider euShipments.com in Bulgaria & Romania: Initial consolidation (70% stake) as of 6 March 2026 Logistics & Last-Mile Delivery Other locations INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 11 ‌2 E-COMMERCE & LOGISTICS: STRONG GROWTH IN AUSTRIA Parcel volumes millions of items 232 Revenue EUR m 983 41 182 2008 2026 2008 2026 Solid growth from clients in Austria, EU and Asia New customer acquisitions in Q1 2026 e.g., Vinted, KoRo, Waterdrop Transition to a functional sales structure INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 12 2 ‌E-COMMERCE & LOGISTICS: INCREASE IN CEE/SEE PARCEL VOLUMES Parcel volumes millions of items Revenue EUR m 52 54 78 78 70 165 172 198 214 212 2021 2026 2021 2026 Strong parcel growth of 9% in Q1 2026 Increased volume of parcels from Asia Intense competitive pressure 2 ‌E-COMMERCE & LOGISTICS: STRONG COMPETITION IN TÜRKIYE Revenue continues to be impacted by inflation and the exchange rate; intense competition on the Turkish market Q1 2026 revenue up by 20% to TRY 6.4 bn (in Euro: -2.7% to EUR 127.6m) Restrictive import rules for parcels from Asia have led to a drop in volumes of around 5% Expansion into Azerbaijan as well as to Georgia and Uzbekistan with Turkish e-commerce shippers FX rate of the Turkish Lira (1 EUR in TRY) 36.7 32.7 20.0 15.2 9.1 51.1 EUR 517m EUR 355m EUR 252m 2026 2022 5.0 11.6 18.9 24.1 Revenue TRY bn EUR 486m Parcels & documents millions of items 198 2022 206 206 200 2026 12/20 12/21 12/22 12/23 12/24 03/26 2 ‌NEW IN GROUP LOGISTICS SOLUTIONS: E-COMMERCE-PROVIDER EUSHIPMENTS.COM AS OF 6 MARCH 2026 Part of Austrian Post Group since March 2026 Revenue contribution of EUR 5m for March 2026 Revenue of about EUR 55m expected in 2026 One single integration and contract for all services and destinations Own fulfilment centres Active customers Number >1,300 Parcels millions of items >20 Direct e-shop connectivity with platforms Fulfilment: 9 proprietary cargo and logistics centres Consolidation and shipping Transport and invoicing Returns management (incl. logistics) 2022 2026e 2022 2026e ‌FINANCIAL OVERVIEW Q1 2026 Revenue EUR 771m Solid revenue development: +0.9% vs Q1 2025 EBITDA EUR 94m EBIT EUR 37m Earnings decline in Q1 2026 as expected: EBITDA down by EUR 8m to EUR 94m EBIT decline of EUR 12m to EUR 37m Balance Sheet EUR 6.6bn Stable balance sheet with low debt ( Financial debt to EBITDA 12m of 0.3x ) Logistics equity capital ratio of 27% Cashflow EUR 73m Strong operating free cash flow INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 16 Bank ‌ADJUSTMENTS TO SEGMENT REPORTING FROM 1 JANUARY 2026 Segment reporting until 31 December 2025 Segment reporting as of 1 January 2026 Retail & Bank Parcel & Logistics Mail Mail, Retail & Services E-Commerce & Logistics ‌Q1 2026 REVENUE OF EUR 771M Revenue development Mail, Retail & Services Q1 2026 revenue down by 7.6% from the prior-year quarter Product and pricing measures could not offset volume declines Revenue decline of approx. EUR 7m due to end of the previous Telekom sales cooperation EUR m +0.9% 758.6 763.6 770.7 330.3 313.7 -7.6% 289.9 402.9 418.3 +6.9% (+11.3% excl. Türkiye+) 447.4 37.3 38.1 -7.6% 35.2 E-Commerce & Logistics Revenue in Q1 2026 up by 6.9% from the previous year Austria: +9.5% in Q1 2026 Türkiye+: -2.7% in Q1 2026 (much lower volumes from Asia) CEE/SEE: +6.8% in Q1 2026 Initial consolidation of euShipments.com as of 6 March 2026 Bank Income from Financial Services down by EUR 2.9m from Q1 2025 Net interest income improved by EUR 3m Q1 2024 Q1 2026 ‌EARNINGS DECLINE IN THE FIRST QUARTER OF 2026 AS EXPECTED EBITDA EUR m EBIT EUR m -7.7m 101.6 93.8 Q1 2025 Q1 2026 Decrease in letter mail and direct mail -11.6m 48.4 36.8 Q1 2025 Q1 2026 EUR -5.7 m Corporate/ Consol. Bank EUR 2.6 m EUR 12.4 m E-Commerce & Logistics EUR 27.5 m Mail, Retail & Services No telecommunications income in the branch network in Q1 2026 Strong earnings development in Austria due to positive volume and price development Intensive competition led to reduced profitability in Türkiye and CEE/SEE Earnings improvement related to good operating development and cost efficiency Positive one-off effect Earnings improvement primarily due to cost savings ‌KEY INCOME STATEMENT INDICATORS Top line slightly positive EUR m Revenue Other operating income Raw materials, consumables and services used Expenses for financial services Staff costs Other operating costs At equity consolidation Net monetary gain EBITDA EBITDA margin Depreciation, amortisation and impairment EBIT EBIT margin Financial result Income tax Profit for the period Earnings per share (EUR) Q1 2025 763.6 32.0 -222.0 -12.9 -360.2 -102.6 1.0 2.8 101.6 13.3% -53.2 48.4 6.3% 2.3 -11.1 39.6 0.56 Q1 2026 770.7 32.0 -234.9 -8.7 -367.8 -102.1 1.3 3.3 93.8 12.2% -57.0 36.8 4.8% -14.2 -7.3 15.3 0.22 % 0.9% 0.0% -5.8% 32.8% -2.1% 0.5% 33.9% 18.7% -7.6% - -7.3% -23.9% - <-100% 34.3% -61.3% -60.8% ∆ 7.1 0.0 -12.9 4.2 -7.6 0.5 0.3 0.5 -7.7 - -3.9 -11.6 - -16.5 3.8 -24.3 -0.34 despite challenging economic conditions Increased transport costs due to rising volumes as well as higher fuel costs in Türkiye; Austria: majority of energy supply is generated from alternative sources Wage increases of 2.80% mandated by collective agreements in Austria as of 1 July 2025; expansion of the scope of consolidation Strict cost discipline Option 20% Aras Kargo: Volatile valuation effect of financial parameters (inflation and FX rate) have resulted in a loss of EUR 8.4m (EUR +4.4m in previous year) Income tax rate of 32.2% related to expenses for the option valuation which are not tax-deductible ‌MAIL, RETAIL & SERVICES DIVISION: KEY INCOME STATEMENT INDICATORS EUR m Q1 2025 1 Q1 2026 % ∆ Revenue 313.7 289.9 -7.6% -23.8 Revenue decline due to digitalisation efforts among public and private clients Revenue decline mainly in the addressed segment; only slight decline in unaddressed mail No telecommunications income in Q1 2026 (Q1 2025: approx. EUR 7m) Letter Mail & Business Solutions 191.6 178.8 103.8 7.3 16.0 305.9 -6.7% -12.8 Direct Mail & Media Post 107.9 -3.8% -4.1 Branch Services & Telecommunications 14.2 -48.3% -6.9 Revenue intra-Group 15.4 3.7% 0.6 Total revenue 329.1 -7.1% -23.2 EBIT 37.4 27.5 -26.4% -9.9 9.0% - - EBIT margin 2 11.4% 1 Adjusted to the new segment structure from 1 January 2026 2 EBIT margin in relation to total revenue ‌E-COMMERCE & LOGISTICS DIVISION: KEY INCOME STATEMENT INDICATORS EUR m Q1 2025 Q1 2026 % ∆ Revenue 418.3 447.4 6.9% 29.1 Austria 229.2 251.1 9.5% 21.9 Türkiye + 131.1 127.6 -2.7% -3.5 CEE/SEE 49.0 52.3 6.8% 3.3 Group Logistics Solutions 13.1 19.8 51.3% 6.7 Consolidation -4.1 -3.4 16.4% 0.7 Revenue intra-Group 4.4 4.6 5.2% 0.2 Total revenue 422.7 452.0 6.9% 29.3 EBIT 18.6 12.4 -33.3% -6.2 EBIT margin 1 4.4% 2.7% - - Strong parcel development (+10%) in Austria Increase of 9% in CEE/SEE volumes and a 2% rise in Türkiye+: decline of Asian B2C volumes due to regulatory restrictions in Türkiye Initial consolidation of euShipments.com as of 6 March 2026 Strong competitive and margin pressure in CEE/SEE and Türkiye+ 1 EBIT margin in relation to total revenue ‌BANK DIVISION: KEY INCOME STATEMENT INDICATORS EUR m Revenue Income from Financial Services Revenue intra-Group Total revenue EBIT EBIT margin 2 1 Adjusted to the new segment structure from 1 January 2026 2 EBIT margin in relation to total revenue Q1 2025 1 38.1 38.1 0.0 38.1 -0.6 - Q1 2026 35.2 35.2 0.0 35.2 2.6 7.3% % -7.6% -7.6% n.a. -7.6% >100% - ∆ -2.9 -2.9 0.0 -2.9 3.2 - Decrease in interest income due to the lower key interest rate vs. Q1 2025 Earnings positively impacted due to absence of IT migration costs and a leaner cost structure Strong business development and interest rate climate; positive one-off effect Financial debt Financial debt incl. IFRS 16 Financial debt/EBITDA 12m EUR 124.2m EUR 492.5m 0.3x Financial debt incl. IFRS 16/EBITDA 12m 1.2x ‌SOLID BALANCE SHEET AND FINANCING STRUCTURE ASSETS EUR m Liabilities/Other Other financial liabilities Cash, money market investments 6,559.3 Equity Provisions 91.4 4,151.7 581.2 247.2 1,359.5 110.4 4,134.7 584.6 156.9 1,368.1 204.5 6,622.8 191.8 EQUITY & LIABILITIES EUR m 767.6 512.9 3,959.9 652.9 666.0 6,559.3 722.4 510.3 3,967.3 738.4 684.4 6,622.8 Financial assets, investment property Financial assets from financial services Financial liabilities from financial services Receivables, inventories, other Intangible assets, goodwill Property, plant and equipment Financial services / bank99 31.12.2025 31.03.2026 31.12.2025 31.03.2026 ‌OPERATING FREE CASHFLOW OF EUR 73 MILLION IN Q1 2026 EUR m 78.9 +9.5 73.4 -5.6 8.7 -59.1 Further investments in decarbonisation (e-mobility, e-charging infrastructure) will occur over the course of the year -15.0 Acquisition of Bulgarian e-commerce service provider euShipments.com Cash flow from operating activities 1 Maintenance CAPEX Other Operating free cash flow 2 Growth CAPEX Acquisitions/ divestments Free cash flow before money market investments 1 1 Before core banking assets (CBA) and funds held temporarily 2 Free cash flow before acquisitions, money market investments, growth CAPEX, core banking assets (CBA) and funds held temporarily ‌AUSTRIAN POST'S INVESTMENT PROGRAMME CAPEX in property, plant and equipment in a multi-year comparison Investments - Regional split Q1 2026 1 31% 69% 1 Core investments excl. IFRS 16 Austria International EUR m 161 140-160 143 152 155 143 Focus in 2026/2027: Expansion of the Salzburg Logistics Centre, increase in the number of parcel machines in CEE/SEE and fleet electrification Q1 25 Q1 21 126 2020 2021 2022 2023 2024 2025 2026e ‌OUTLOOK FOR 2026 Market environment Mail : Volume decline due to the ongoing digitisation trend Parcels : Volume increase against the backdrop of intense competition; uncertainties due to regulatory restrictions on international trade flows as well as geopolitical conflicts Revenue Group : Slight revenue increase predicted for 2026 Mail: Revenue decline in the mid single digit range New in 2026: Branch services revenue of about EUR 35m incl. development of the in-house mobile phone brand YELLLOW (reduced revenue of about EUR 20m from the previous telecommunications sales cooperation) E-Commerce: Revenue growth in the upper single digit range New company euShipments.com consolidated since 6 March 2026 Regulatory restrictions on international shipments (B2C) are foreseeable (tariffs) Bank: Income from Financial Services slightly above the prior-year level Investments CAPEX in property, plant and equipment of EUR 140m-160m in 2026; focus on the expansion and modernisation of the Salzburg Logistics Centre, expansion of parcel machines in CEE/SEE as well as the further electrification of the vehicle fleet Earnings Broadly stable earnings development targeted for 2026 in line with recent years (depending on the TRY/EUR exchange rate) Seasonal revenue and earnings development expected with a weaker H1 and stronger H2 H1 2026 is particularly impacted by: Transition from previous telekom sales collaboration to own mobile phone brand YELLLOW Challenging market environment in CEE/SEE Reduced parcel volumes from Asia result in competitive and margin pressure in Türkiye ‌CONTACT Austrian Post Investor Relations Rochusplatz 1, 1030 Vienna Website: post.at/investor E-mail: [email protected] Phone: +43 57767-30400 Financial calendar 2026 07 August 2026 Half-Year Financial Report 2026 12 November 2026 Interim Report Q1-3 2026 Disclaimer This presentation contains forward-looking statements, based on the currently held beliefs and assumptions of the management of Austrian Post, which are expressed in good faith and, in their opinion, reasonable. These statements may be identified by words such as "expectation" or "target" and similar expressions, or by their context. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of Austrian Post, or results of the postal industry generally, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. Given these risks, uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on the forward-looking statements. Austrian Post disclaims any obligation to update these forward-looking statements to reflect future events or developments. Österreichische Post AG (Austrian Post) | Legal form: limited company under Austrian law | Registered seat in the Municipality of Vienna | Commercial register number: FN 180219d of the Commercial Court of Vienna. This presentation can contain legally protected and confidential information and is protected by copyright. The reproduction, dissemination or duplication of this presentation, either in part or as a whole, requires the express written permission of Austrian Post . INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 INVESTOR PRESENTATION Investor Relations Vienna, 8 May 2026 28

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