INVESTOR PRESENTATION
PRELIMINARY FINANCIAL RESULTS FOR THE 2025 FINANCIAL YEAR, AEP & OUTLOOK 2026
Investor Presentation Investor Presentation 1
JANUARY 27, 2026
Agenda
PLATFORM GROUP2
INTRODUCTION & UPDATES
Investor Presentation
OUR MANAGEMENT STRUCTURE
Supervisory Board
Stefan Schütze
Chairman
Managing Partner of C3 Management, >20 years
in executive and supervisory
3
Our Management
Dr. Dominik Benner
CEO (board)
Sarah Millholland
Chief Human Resources Officer
Sven Schumann
Chief Portfolio
Manager
Frederic von Borries
Chief Platform Officer
Bjoern Minnier
M&A / Finance
Sven Hülsenbeck Chief Technology
Officer
Christoph Wilhelmy
Chief Operative Officer
Strategic and operational responsibilities are led by seven experienced managers, ensuring depth and continuity across the group
roles
Marcel Roessner
C-level member in the luxury
and ecommerce sector
Florian Müller
Entrepreneur and experienced C-Level Manager
Dr. Olaf Hoppelshäuser
Member of the Board of Directors at Alliance Group
Investor Presentation
COMPANY HISTORY: THE PLATFORM GROUP
TPG MILESTONES: FROM LEGACY TO GLOBAL PLATFORM
2012 2025 2030
Digital TransformationDr. Dominik Benner pivots the 1882 founded family shoe business to online, launching Schuhe24 and founding the roots of The Platform Group.
Ecosystem Expansion4
TPG operates 34 platforms, connecting over 16,600 merchants and 6 million customers across Europe, powered by its proprietary TPG ONE software platform.
Vision for GrowthTPG aims to connect over 40,000 merchants with
operations across >50 industries and expand into North America, leveraging AI for margin expansion.
Investor Presentation
VALUE CREATION
OUR UNIQUE SYSTEM TO CONNECT PARTNERS AND CUSTOMERS WORLDWIDE
1882
5
platforms
Partners
Customers
>6.7mcustomers
+16,600
partners
26industries
originated 35
KEY FEATURES | ||||
ASSET LIGHT | SOFTWARE ENABLED | PROCESS EXCELLENCE | PARTNER CENTRIC | STRATEGY DRIVEN |
Investor Presentation
TPG'S SHARE DEVELOPMENT
DEVELOPMENT OF SHARE SINCE 12/2022 & TRADING VOLUME
SHARE DEVELOPMENT SINCE DEC 2022 - DEC 2025
+39%
4.5 EUR
December
2022
+68%
+39%
-10%
-18%
STARTING POINT: TPG ACQUIRES A
38% EQUITY STAKE ON FASHIONETTE AG
REVERSE IPO: ON NOVEMBER 7, 2023, THE CAPITAL INCREASE BY CONTRIBUTION IN KIND AND THE RENAMING OF FASHIONETTE AG TO THE PLATFORM GROUP AG WERE OFFICIALLY REGISTERED AND COMPLETED.
MARKET SNAPSHOT
Share ISIN/ Ticker: DE000A2QEFA1 / TPG
No. of shares (m): 20.5
Market cap EUR m: 103
Freefloat MC EUR m: 33
Ø daily Trad. Vol.: 435,605
Trading venue: XETRA, XFRA, gettex, Tradegate Index: Scale All Share, Scale 30
Segment: Scale, Frankfurt Stock Exchange
RESEARCH COVERAGE
Latest Update / Institution / Price Target (EUR) Jan 26 mwb research 19.50 (BUY)
NOV 17 First Berlin 20.00 (BUY)
NOV 17 mwb research 19.50 (BUY
NOV 14 nuways 21.00 (BUY)
NOV 14 P. BNP Paribas 23.00 (STRONG BUY) NOV 6 ODDO BHF 16.00 (OUTPERFORM)
Ø 19.7
TARGET PRICE
in EUR
6
2025, P. BNP Paribas= Portzamparc BNP Paribas
Source(s): Daily trading volume December 2025 Designated Sponsor Report BankM;,; Market Cap: 30 December 2025, IPO of fashionette October 2020, XETRA Close December 30, 2025: 5.46EUR, Share price development Dec 2022 - December 30 gettex exchange,
Investor Presentation
TPG'S SHARE DEVELOPMENT
7
Source(s): Stock Report Deutsche Börse December 2024, December 2025, Trading volume 2025 total €119m (2024: € 29m)
RISING INTERNATIONAL MARKET PARTICIPATION
+168%
increase in foreign
Total turnover (EUR) on Xetra and Frankfurt by member
trading activity
2024
2025
25%
42%
75%
58%
Domestic Foreign
Domestic Foreign
Six roadshows and twelve conferences enabled active global engagement, translating into broader investor participation - clearly visible total turnover.
The completed roadshows in London, Dublin, Amsterdam, Zurich, Frankfurt and
Munich deepened and diversified our investor dialogue.
LIQUIDIITY CONTINUES TO STRENGTHEN
Turnover for the last 12 month (in €m)
4.5x
increase in trading volume
25
20
15
10
5
0
Jan
Feb
Mar
Apr
Xetra
May
Jun
Jul
Frankfurt
Aug
Sep
Oct
Other
Nov
Dec
Trading volumes increased more than 4.5 times year-on-year, with
monthly averages rising from €2.3 million in December 2024 to €10.8 million in December 2025 - averaging €9.9 million in 2025 overall (2024: €2.4 million).
million
INCREASED LIQUIDITY DRIVEN BY STRONGER FOREIGN INVESTOR PARTICIPATION
Investor Presentation
TPG'S SHARE & BOND DEVELOPMENT
8
Source(s):, XETRA Close December 30, 2025: 5.46EUR, Share price development January 2 - December 30 gettex exchange,,
BOND DEVELOPMENT 2025
Fragmented German bond
market
Price movements of TPG Bond:
Price volatility driven by technical selling in fragmented German markets
No change in fundamentals, stable pricing on Oslo Exchange (~97)
TPG STOCK AND BOND WITH NEGATIVE DEVELOPMENT IN LAST 4 MONTHS
SHARE DEVELOPMENT 2025
TPG Share price 2025:
29%, impacted by market volatility, investor structure and one-off effects
Focus: Execution of Vision 2030 and long-term value creation
Improved shareholder visibility following the introduction of registered shares Jan 26
Investor Presentation
9
Optics & Hearing (7/2025)
26 INDUSTRIES COVERED WITH 5 SEGMENTS
Consumer Goods
Industrial Goods
Freight Goods
Pharma & Retail Goods
Investor Presentation
GROWTH PILLARS - HOW WE SCALE THE TPG PLATFORM
1. M&A DEVELOPMENTS 2025
STRENGTHEN EXISTING SEGMENTS
Luxury/
Fashion
Pharma
B2B SaaS
Jan 2026
Furniture
ENTER NEW INDUSTRIES
Optics & Hearing
Outdoor Products
B2B
Construction
Pet Food
Acquire companies that deepen expertise, add supply, or expand segment/ industry
Boosts scale and performance within current sectors/ industry
Add entirely new industries/ segments to the platform
Opens additional merchant pools, customer groups and GMV streams
Divestment of 3 small portfolio companies in Q4 2025: Emco, Aplanta and x-mobility. Car-subscription business not in line with our expectations consistent termination.
10
Source(s): Company Information, Acquisitions 2025, 2026
Every acquired company brings new partners, new products and new customers into TPG.
Investor Presentation
