Snp Schneider-neureither & Partner SeXETR: SHF

Investor Presentation Q4/2025

· Issued by Snp Schneider-neureither & Partner Se
‌SNP Schneider-Neureither & Partner SE

Teleconference for investors and financial analysts FY 2025 Results

March 26, 2026

Jens Amail, CEO Andreas Röderer, CFO



‌Agenda

Overview:

FY 2025 Results

Detailed Financials

Q&A



2

‌Agenda

Overview:

FY 2025 Results

Detailed Financials

Q&A



3

‌Five-year overview

Order Entry (in €m)

266.1

310.6

345.2

Revenue (in €m)

167.0 173.4

203.4

254.8

89.4*

296.8

110.8*

192.1

193.6

2021

2022

2023

2024

2025

51.2* 56.1* 69.3*

2021 2022 2023 2024 2025

* Thereof Software

EBIT (in €m)

6.3 6.8

11.1

28.6

47.4

Operating Cash Flow (in €m)

12.5

40.8

30.2

2021 2022 2023 2024 2025

© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE.

-1.4 -0.5

2021 2022 2023 2024 2025

4



‌Key Results - FY 2025

Third record year in a row: Order entry rose by 11% to € 345.2m and group revenue was up 16% to € 296.8m.

Significant gains in earnings due to increased software sales and further improved operational efficiency: EBIT up by 66% to € 47.4m with a margin of 16.0% (11.2% in 2024).

Remaining stable financial position: Operating cash flow at € 30.2m and strong liquidity base of € 46.2m.

Continued high impact of strategic growth levers: Partner business now accounts for 53% of total order entry, continued growth of S/4 and RISE business (52% of total order entry) and strong business development across all regions.

Guidance 2026: Revenue growth in the mid to high single-digit percentage range, with EBIT increase in the low double-digit percentage range.

© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE. 5



‌FY 2025 - Key Figures

Order Entry

€ 345.2m

+11%

Group Revenue

€ 296.8m

+16%

EBIT

€ 47.4m

+66%



Services (incl. EXA)

Order Entry

€ 217.8m

+7%

Revenue

€ 186.0m

+13%

Software (incl. EXA)

Order Entry

€ 127.5m

+19%

Revenue

€ 110.8m

+24%

Partners

Order Entry

€ 183.7m

+29%

Revenue

€ 139.3m

+45%



© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 6

Revenue Partner

(in €)

+45%

+58%

Q4 2024 Q4 2025

2024

2025

‌Continued Strong Partner Business

Order Entry Partner

(in €m)

+29%

+37%

Q4 2024 Q4 2025

2024

2025

60.8

44.5

142.5

183.7

26.9

42.4

139.3

96.2

7

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.

  • Strong partner business growth with higher proportion of total order entry: partner business now accounts for 53% of total order entry (46% in 2024).

  • Partner business with significantly stronger growth than total order entry in Q4

(37% vs. 7%).

  • Expanded global footprint with our most strategic

partners.

7



‌Order Entry by Deal Bands

5

€ 345m

€ 101m

€ 108m

€ 104m

20

€ 90m 13

Number of Deals

Number of Deals

Number of Deals

€ 311m

€ 69m

45

€ 79m

52

€ 19m

€ 11m

Q4/2024

> € 3m

€ 1-3m

€ 0.5-1m

€ 0.1-0.5m

< € 0.1m

€ 82m

265

56

€ 51m

74

€ 14m 19 € 19m 28

€ 23m 100

€ 25m 108

€ 6m

Q4/2025

11

€ 23m

14

€ 38m

€ 81m

351

€ 32m

2024

€ 29m

2025

Number of Deals

€ 34m

€ 36m

8

8

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.

  • Very stable performance

across all project sizes

  • Strong growth in large-scale projects worth € 0.5 m and

above.

  • Increase in projects with a

value of at least € 3m.

8



‌Order Entry by Region

in €m

∑ 310.6

15.3

∑ 345.2

18.2

44.0

32.4

∑ 108.3

52.5

∑ 101.0m

47.8

4.0

3.5

6.3

12.5

13.8

58.1

62.9

18.7

19.9

20.8

Q4/2025

JAPAC NEMEA LATAM NA

CEU

156.9

167.8

54.9

55.1

Q4/2024

2024

2025

9

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.

  • YoY Growth across all regions.

  • Strongest increases in NEMEA (+36% to € 44.0m) along with

outstanding Q4 performance.

  • 9% increase to € 167.8m

shows stable development in CEU.

  • Strong order entry in relation to S/4 and RISE: +9% to €

181.1m (2024: € 166.5m),

accounting again for more than half of the total order entry (2024: 54%).

9



‌Reconciliation Full Year EBIT

2025

OPEX

Personnel expenses

COGS

One-offs

FX

Revenue

2024

28.6

47.4

-2.0

-15.5

+42.0

-0.2

-0.1

-5.5

EBIT

(in €m)

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.

  • Revenue: Software incl. EXA:

€ +21.3m (+24%); Services incl. EXA: € +20.7m (+13%).

  • Personnel expenses:

higher number of employees and salary increases in 2025.

  • Good operational trend in the

development of COGS

  • Increased OPEX due to

growth-related scaling effects.

10



Increased Guidance (Oct. 2025)

Order entry

Book-to-Bill-Ratio >1

Revenue

€ 280m - 295m

EBIT

€ 34m - 46m

‌Forecast for 2025 raised and exceeded - Ongoing growth in 2026

FY 2025

Guidance 2026

€ 345.2m

€ 296.8m

€ 47.4m

Book-to-Bill-Ratio >1 Revenue growth in the mid to high single-digit percentage range, with EBIT increase in the low double-digit percentage range.

© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE. 11

‌Agenda

Overview:

FY 2025 Results

Detailed Financials

Q&A



12

2025

2024

Δ

296.8

254.8

+16%

272.0

230.2

+18%

-167.5

-152.0

+10%

-44.9

-36.8

+22%

58.1

40.0

+45%

47.4

28.6

+66%

43.3

25.3

+71%

31.5

20.1

+56%

‌Income Statement Q4/FY 2025

(in €m)

Q4 2025

Q4 2024

Δ

Revenue

83.6

72.0

+16%

Gross profit

76.3

65.5

+16%

Personal expenses

-45.5

-40.9

+11%

Other income/expenses

-10.3

-14.9

-31%

EBITDA

19.8

11.0

+80%

EBIT

16.9

8.0

+112%

EBT

15.9

6.9

+131%

Net income

12.7

7.2

+76%

  • Despite increased personnel expenses, the personnel expenses ratio fell from 59.7% to 56.4% as a result of the disproportionately low increase in personnel expenses in relation to sales revenue.

  • Other operating expenses increased by € 2.5m to € 51.5m; mainly due to FX losses (+€ 3.4m to € 8.7m), driven primarily by negative USD-effects, and increased other services (+€ 3.4m to € 11.8m).

  • Other operating income decreased by € 5.6m to € 6.6m; last year positively impacted by the receivables purchase and assignment agreement (€ 3.6m).

    Gross profit margin

    EBITDA margin

    EBIT margin

    91.3%

    91.0%

    +0.3pp

    23.7%

    15.3%

    +8.4pp

    20.3%

    11.1%

    +9.2pp

    91.6%

    90.4%

    +1.2pp

    19.6%

    15.7%

    +3.9pp

    16.0%

    11.2%

    +4.8pp

    • EPS (undiluted): Significantly improved by € 1.59 to € 4.37.

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 13



‌Revenue Growth in all three Segments

∑ 83.6

32.6

∑ 72.0

21.4

6.6

43.9

45.1

5.9

∑ 254.8

in €m

∑ 296.8

  • Services business segment up by 11% due to an improved order situation and high-volume SAP S/4HANA projects.

  • Revenue in the Software business segment increased well above average by 24%; primarily due to the increased sales of program licenses mainly for the implementation of numerous SAP S/4HANA projects.

  • EXA: Strongly improved revenue and earnings situation.

    157.7

    81.2

    15.9

    175.3

    100.6

    20.9

    EXA

    Software Services

    Q4/2024

    Q4/2025

    2024

    2025

  • Book-to-bill: 1.16

14

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 14



‌Strongly Improved Segment Margins

Services Software EXA

56.3%

38.5%

44.0%

31.9%

38.3%

29.8%

39.5%

43.1%

4.3%

10.5%

6.1%

7.4%

Q4 12M

Q4 12M

Q4 12M

2024 2025

  • Increased service margin in Q4 due to the cost reallocation that could not be directly attributed - in proportion to their share of revenue - to the Software segment, thereby reducing the cost burden in the Services segment.

  • EXA with stable margin development over the year as a whole.

    15



    ‌Order Entry Q4/FY 2025 and Order Backlog

    12.0

    43.6

    27.9

    61.1

    58.9

    +17%

    Order Entry

    (in €m)

    +11%

    ∑ 310.6

    27.5

    ∑ 345.2

    25.2

    115

    92.1

    ∑ 236.7

    15.9

    20.2

    +7%

    ∑ 101.0

    ∑ 108.4

    5.9

    Q4 2024

    Q4 2025

    2024

    2025

    2024

    2025

    188.6

    158.0

    EXA

    Software Service

    190.9

    205.1

62.8

67.9

∑ 276.7

Order Backlog

(in €m)

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.

  • Order entry growth was seen across both the Services and Software segments, as well as

in all regions.

  • Order entry in the EXA segment demonstrated continued strength despite an exceptionally high prior-year

base.

  • Stable order backlog development ensures more predictable revenue stream and enabling healthy and

sustainable business scaling.

16



‌Reconciliation Order Backlog 2025

Order Backlog

(in €m)

+345.2

-296.8

+5.3

-13.8

236.7

276.7

Dec. 31,

2024

Order entry

Revenue

Projects remeasurements

FX

Dec. 31,

2025

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.

  • Increase in order backlog by 17% compared to year

end 2024.

  • Projects remeasurements

by € -13.8m.

17



Assets (in €m)

Dec. 31, 2025

Dec. 31, 2024

Cash & cash equivalents

46.2

72.5

Other financial assets

0.5

0.8

Receivables & contract assets

125.3

102.0

Other currents assets

10.2

7.3

Total current assets

182.2

182.6

Total non-currents assets

122.8

130.7

Total assets

305.0

313.3

Equity & Liabilities (in €m)

Total current liabilities

99.6

85.0

Total non-current liabilities

45.4

90.3

Equity

159.9

138.0

Total Equity & Liabilities

305.0

313.3

‌Balance Sheet Structure ▪ Decreased cash and cash equivalents primarily as a result of the significant reduction in debt financing.

    • Rising receivables & contract assets due to high order volume in the fourth quarter.

    • Increased current liabilities as a result of growth in trade payables and contractual liabilities; both changes are directly linked to the overall increase in business volume.

    • Decreased non-current financial liabilities attributable to opposing effects: Whilst non-current liabilities to banks fell by € 57.7m to € 0.0m, other long-term financial liabilities increased by € 13.2m to € 13.6m due to the long-term portion of the shareholder loan taken out in April 2025.

      © 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE.

  • Equity ratio: 52.4% (up by 8.3pp against Dec. 31, 2024).

    18



    ‌Cash flow Statement Q4/FY 2025

    (in €m)

    Q4 2025

    Q4 2024

    Δ (abs.) 2025 2024 Δ (abs.)

    Net income

    12.7

    7.2

    +5.5 31.5 20.1 +11.3

    Depreciation

    2.9

    3.0

    -0.1 10.7 11.4 -0.7

    Change in W/C

    -4.4

    16.1

    -20.5 -16.2 7.1 -23.3

    Change in other items

    2.3

    -2.9

    +5.2 4.2 2.2 +2.0

    Operating Cash flow

    13.4

    23.4

    -10.0 30.2 40.8 -10.6

    Investing Cash flow

    -0.8

    -1.3

    +0.4 -13.4 0.9 -14.3

    Repayment of lease liabilities

    -1.4

    -1.4

    -0.0 -5.8 -5.5 -0.3

    Free Cash flow

    11.1

    20.7

    -9.6 11.0 36.2 -25.2

    W/C ratio (LTM)

    20.2% 16.4%

    • Increased W/C mainly due to higher business, particularly in the fourth quarter, and weighs on Operating Cash flow.

    • Negative Investing Cash flow mainly due to cash outflows from the sale of minority interests in EXA AG (€ 10.9m) compared to proceeds from sales and purchases of consolidated companies in 2024 (€ 2.4m).

    • Overall, Free Cash flow amounts to

€ 11.0m.

© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE. 19



‌Headcount

Headcount evolution Percentage headcount split by function per December 31, 2025

+114

1,562

1,676

Dec. 31, 2024

Changes

Dec. 31, 2025

58%

13%

3%

14%

12%

Consulting

∑ 978; +10%

R&D

∑ 219; +5%

Sales & Marketing

∑ 230; -0%

Admin

∑ 200; +3%

Student & Trainees

∑ 49; +41%

© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE. 20



‌Agenda

Overview:

FY 2025 Results

Detailed Financials

Q&A



21

‌We are happy to take your questions!

‌Financial Calendar 2026

Annual Report 2025

Interim Statement Q1 2026

Annual General Meeting 2026 (virtual)

Half-Year Financial Report 2026

Interim Statement Q3 2026

Mar. 26, 2026 May 7, 2026

Jun. 17, 2026

Jul. 30, 2026

Nov. 5, 2026

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 23

‌Thank you

SNP Schneider-Neureither & Partner SE

Speyerer Strasse 4

69115 Heidelberg Germany

+49 6221 64 25 - 0

+49 6221 64 25 - 20



info@snpgroup.com www.snpgroup.com

linkedin.com/company/snp-schneider-neureither-&-partner-se

Marcel Wiskow, Director IR

+49 6221 64 25 - 637

Investor.relations@snpgroup.com

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 24



‌Disclaimer

© 2026 SNP Schneider-Neureither & Partner SE or an SNP affiliate company. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SNP SE or an SNP affiliate company.

The information contained herein may be changed at any time without notice. Some software products marketed by SNP SE and its distributors contain proprietary software components of other software vendors.

This document is a preliminary version and not subject to your license agreement or any other agreement with SNP. This document contains only intended strategies, developments, and functionalities of the SNP product and is not intended to be binding upon SNP to any particular course of business, product strategy, and/or development.

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All other product and service names mentioned are the trademarks of their respective companies.

Heidelberg, Germany 2026

© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 25

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