SNP Schneider Neureither & Partner : Investorenpräsentation Halbjahresbericht 2025

About this update from Snp Schneider-neureither & Partner Se

‌SNP Schneider-Neureither & Partner SE Teleconference for investors and financial analysts Q2 2025 Results July 31, 2025 Jens Amail, CEO Andreas Röderer, CFO ‌Agenda Overview: Q2/H1 2025 Results Detailed Financials Q&A 2 ‌Agenda Overview: Q2/H1 2025 Results Detailed Financials Q&A 3 ‌Five-year overview Order Entry (in €m) 39.4 38.5 51.0 74.1 79.8 Revenue ( in €m) 42.6 42.3 48.5 13.9* 11.5* 72.3 62.0 14.4* 23.6* 23.9* Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 EBIT ( in €m) 8.4 Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 * Thereof Software Operating Cash Flow (in €m) 6.9 1.7 0.7 1.0 -7.4 -7.9 -9.9 -5.6 -9.7 Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 © 2025 SNP - DATA. TRANSFORMATION. EXPERIENCE. 4 ‌H1 2025 - Key Results Continuous top line growth: Order entry rose by 15% to € 155.2m in the first six months and group revenue by 20% to € 138.9m compared to the same period of the previous year. Significantly improved EBIT after one-offs in Q2: EBIT increased to € 14.8m in the first half of the year (H1 2024: € 12.5m), and operating cash flow improved to € 5.4m (€ 4.7m in H1 2024). Continued high impact of strategic growth levers: Partner business accounts for 55% of total H1 order entry, sustained strong S/4 and RISE business (54% of H1 order entry) and strong development in our strategic markets (order entry up by 63%). AGM paves the way for further growth: Approval of all items on the agenda with substantial majorities; specifically, the control and profit transfer agreement and the election of new supervisory board members (Willi Westenberger and Michael Wand). Guidance for 2025 confirmed: Book-to-bill ratio greater than 1, revenue range of € 270-280m and EBIT range between € 30-34m. © 2025 SNP - DATA. TRANSFORMATION. EXPERIENCE. 5 ‌H1 2025 - Key Figures Order Entry € 155.2m +15% Group Revenue € 138.9m +20% EBIT € 14.8m +19% Services (incl. EXA) Order Entry € 106.9m +18% Revenue € 92.1m +22% Software (incl. EXA) Order Entry € 48.3m +10% Revenue € 46.7m +16% Partners Order Entry € 84.6m +15% Revenue € 66.4m +49% © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 6 ‌Q2 2025 - Key Figures Order Entry € 79.8m +8% Group Revenue € 72.3m +17% EBIT € 6.9m -18% Services (incl. EXA) Order Entry € 54.6m +16% Revenue € 48.5m +26% Software (incl. EXA) Order Entry € 25.2m -7% Revenue € 23.9m +1% Partners Order Entry € 57.4m +35% Revenue € 35.1m +38% © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 7 ‌Continued Strong Partner Business Order Entry Partner (in €m) +15% +35% 84.6 73.4 57.4 42.5 Q2 2024 Q2 2025 H1 2024 H1 2025 Revenue Partner (in €) +49% +38% 66.4 35.1 44.6 25.5 Q2 2024 Q2 2025 H1 2024 H1 2025 8 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. Successful Partner Day with almost 300 participants and 700 partner participants at Transformation World . Partner business in Q2 with over-proportional growth. Slightly improved share of total order entry by Partner business: 55% vs. 54% in H1 2024. 8 ‌Order Entry by Deal Bands Number Number Number Number Slightly decreasing deal number by around 2% to € 74.1m of Deals* € 15m € 3m € 12m € 21m € 24m 4 11 18 61 164 4m € 79.8m of Deals € 11m € 16m € 33m 6 > € 3m € 1-3m € 0.5-1m € 0.1-0.5m < € 0.1m 10 17 € 16m 67 167 of Deals* € 29m € 56m € 134.7m 22 € 36m 5 € 37m € 9m € 33m € 27m € 10m € 29m € 25m 40 135 377 € 155.2m of Deals 9 21 36 123 378 567 projects in total (H1 2024: 579), but higher value deal sizes . Order entry almost doubled with mega deals > € 3m . Stable volume business with projects of € 0.1-0.5m. Q2/2024 Q2/2025 H1/2024 H1/2025 9 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 9 10 ‌Order Entry by Region (in €m) 155.2 134.7 7.7 17.0 5.8 22.4 22.7 21.1 74.1 79.8 32.4 11.4 11.1 15.8 2.5 34.4 JAPAC NEMEA LATAM NA CEU 66.8 71.9 Q2/2024 Q2/2025 H1/2024 H1/2025 3.2 15.8 10.7 15.7 22.1 33.3 Solid growth in CEU (+8%) with slightly decreasing share of total order entry (-4pp to 46%). Continued strong growth trend in NA (+47%); increasing share of total order entry (+5pp to 21%). JAPAC returned to YoY growth in Q2. Strong order entry in relation to S/4HANA and RISE with SAP projects: +12% to € 84.3m (H1 2024: € 75.2m); share of total order entry at 54% (H1 2024: 56%). 10 ‌Reconciliation EBIT - Q2 EBIT (in €m) +0.7 -5.4 +10.3 -2.3 -4.4 8.4 -0.4 6.9 Q2 2024 Revenue COGS One-offs FX Personnel expenses OPEX Q2 2025 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. EBIT was significantly impacted by negative FX and one-off effects after Q2-EBIT of the previous year had been positively affected by the settlement with community of heirs and positive FX effects. Good operational trend in the development of COGS and OPEX. FX: essentially impaired by dollar weakness. 11 ‌Reconciliation EBIT - H1 EBIT (in €m) +0.1 -5.4 -3.9 +22.8 -10.2 12.5 -1.1 14.8 H1 2024 Revenue COGS One-offs FX Personnel expenses OPEX H1 2025 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. Sustained positive impact of revenue growth (20% YoY). Revenue: Service segment: € +14.5m (+12%); € +4.7m in Software segment (+12%); EXA: € 3.7m (+74%). Increased personnel expenses mainly due to higher number of employees and salary increases in 2024. 12 ‌Guidance for 2025 confirmed FY 2024 Order entry € 310.6m Revenue € 254.8m EBIT € 28.6m Guidance 2025 Book-to-Bill-Ratio >1 € 270m - 280m € 30m - 34m © 2025 SNP - DATA. TRANSFORMATION. EXPERIENCE. 13 ‌Agenda Overview: Q2/H1 2025 Results Detailed Financials Q&A 14 H1 2025 H1 2024 Δ 138.9 116.0 +20% 127.4 104.4 +22% -81.9 -72.3 -13% -24.9 -12.2 -104% 20.0 17.7 +13% 14.8 12.5 +19% 12.3 11.3 +9% 8.6 7.9 +90% ‌Income Statement Q2/H1 2025 (in €m) Q2 2025 Q2 2024 Δ Revenue 72.3 62.0 +17% Gross profit 66.6 55.6 +20% Personal expenses -41.5 -37.6 -10% Other income/expenses -15.4 -4.8 -220% EBITDA 9.5 11.1 -14% EBIT 6.9 8.4 -18% EBT 5.3 7.8 - 32% Net income 3.8 5.5 -31% Gross profit margin EBITDA margin EBIT margin 92.1% 89.7% +2.4pp 13.2% 18.0% -4.8pp 9.6% 13.6% -4.0pp Increased personnel expenses mainly due to (1) higher number of employees and (2) salary increases in 2024. Other operating expenses increased; mainly due to FX losses (+€ 3.1m to € 6.7m), driven primarily by negative USD-effects, and increased other PEX (+€ 0.8m to € 2.3m). 91.7% 90.0% +1.7pp 14.4% 15.2% -0.8pp 10.7% 10.7% 0pp Other operating income decreased by € 4.8m to € 3.1m; last year positively impacted by the receivables purchase and assignment agreement in June 2024 (€ 3.5 m). Significantly improved EPS (undiluted) by € 0.11 to € 1.20. © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 15 ‌Revenue Growth in all three Segments (in €m) ∑ 62.0 36.7 22.5 2.8 ∑ 72.3 22.6 45.8 3.9 ∑ 116.0 72.3 38.7 EXA Software Services H1/2024 5.0 ∑ 138.9 86.8 43.4 H1/2025 8.7 Double digit growth (20%) in Services segment , due to good delivery situation. Increase in Software revenue is a result of higher sales of program licenses, primarily for the implementation of numerous SAP S/4HANA projects, as well as higher maintenance and cloud revenue. EXA with stable growth trend. Q2/2025 Q2/2024 Book-to-bill: 1.12 16 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 16 ‌Strongly Improved Segment Margins Services Software EXA 31.2% 29.1% 31.5% 27.7% 31.1% 44.5% 44.2% 1.7% 3.4% 6.1% 4.4% 13.2% Q2 H1 Q2 H1 Q2 H1 2024 2025 Service margin was impacted in part by investment in people and internationalization strategy, but shows good progress to recover. Revenue at previous year's level leads to slight decline in software margin in Q2 . EXA with positive margin development. 17 ‌Order Entry Q2/H1 2025 and Order Backlog 101.4 85.0 Order Entry Order Backlog (in €m) (in €m) +42% ∑ 244.9 +15% ∑ 199.2 7.7 +8% ∑ 134.7 8.4 ∑ 155.2 8.2 ∑ 74.1 3.1 ∑ 79.8 1.0 EXA Software Service Q2 2024 Q2 2025 H1 2024 H1 2025 Jun 30 '24 Jun 30 '25 45.8 54.2 25.3 24.6 41.3 143.9 45.6 164.3 47.6 65.1 15.5 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. Order entry volume increase year-over-year in 2025 to a new record level of € 155.2m. Two thirds of order entry are attributable to the two strongest regions CEU and NA. (H1 2025: € 104.3m; +17%). Strong development in our strategic growth markets (Brazil, Nordics, France, Middle East and Mexico); order entry up by 63% to around € 17m in H1 2025. 23% increase in order backlog compared to H1 2024. 18 ‌Reconciliation Order Backlog H1 2025 Order Backlog (in €m) +155.2 -138.9 +0.4 -8.5 236.7 244.9 Dec. 31, 2024 Order entry Revenue Projects remeasurements FX June 30, 2025 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. Slight increase in order backlog by 3% compared to year end 2024. Projects remeasurements in H1 2025 by € -8.5m. Order backlog includes €15.5 m from EXA. 19 ‌Balance Sheet Structure Assets (in €m) June 30, 2025 Dec. 31, 2024 Cash & cash equivalents 64.8 72.5 Other financial assets 0.0 0.8 Receivables & contract assets 109.6 102.0 Other currents assets 11.8 7.3 Total current assets 186.2 182.6 Total non-currents assets 124.6 130.7 Total assets 310.8 313.3 Equity & Liabilities (in €m) Total current liabilities 108.9 85.0 Total non-current liabilities 65.7 90.3 Equity 136.2 138.0 Total Equity & Liabilities 310.8 313.3 Decreased cash and cash equivalents resulting mainly from negative investing cash flow significantly influenced by the acquisition of minority interests in EXA AG. Within current assets , contract assets increased by € 13.0m to € 31.7m due to higher POC (Percentage of Completion) receivables , while trade receivables decreased by € 5.3m to € 83.2m. This development is chiefly attributable to a fundamental increase in business volume. 2025 SNP - DATA. TRANSFORMATION. EXPERIENCE. Increased current liabilities : within, trade payables increased by € 3.9m to € 12.7m. Contract liabilities increased by € 6.0m to € 17.6m in line with contract assets. Slightly decreased Equity ratio of 43.8% (-0.3pp). 20 ‌Cash flow Statement Q2/H1 2025 (in €m) Q2 2025 Q2 2024 Δ (abs.) H1 2025 H1 2024 Δ (abs.) Net income 3.8 5.5 -1.7 8.6 7.9 0.7 Depreciation 2.6 2.8 -0.2 5.2 5.3 -0.2 Change in W/C -16.3 -15.0 -1.4 -11.9 -10.2 -1.7 Change in other items 0.3 1.0 -0.8 3.4 1.6 1.8 Operating Cash flow -9.7 -5.6 -4.1 5.4 4.7 0.7 Investing Cash flow -11.6 -0.5 -11.1 -11.9 4.1 -16.0 Repayment of lease liabilities -1.4 -1.4 0.0 -2.9 -2.7 -0.1 Free Cash flow -22.7 -7.5 -15.2 -9.4 6.0 -15.4 W/C ratio (LTM) 15.3% 25.7% Increased W/C in Q2 mainly due to higher bonus payments and variable compensation for 2024; from a fully operational perspective, Core W/C only grew at a disproportionately low level. Negative Operating Cash flow due to the decline in earnings combined with higher W/C (see above). Negative Investing Cash flow mainly due to cash outflows from the sale of minority interests in EXA AG (€ 10.9 m) compared to proceeds from the sale of shares in All for One Poland in H1 2024 (€ 4.9 m). In total, Free Cash flow turns negative. © 2025 SNP - DATA. TRANSFORMATION. EXPERIENCE. 21 ‌Headcount Headcount evolution Percentage headcount split by function per June 30, 2025 1,562 1,626 Dec. 31, 2024 +64 Changes Jun. 30, 2025 58% 13% 3% 14% 12% Consulting ∑ 944; +3% R&D ∑ 206; 0% Sales & Marketing ∑ 232; +4% Admin ∑ 194; -2% Student & Trainees ∑ 50; +19% 22 ‌Agenda Overview: Q2/H1 2025 Results Detailed Financials Q&A 23 ‌We are happy to take your questions! ‌Financial Calendar 2025 Annual Report 2024 Interim Statement Q1 2025 Annual General Meeting 2025 Half-Year Financial Report 2025 Interim Statement Q3 2025 Mar 27, 2025 A M p a r y 25 8, 202 4 5 JA Ju p n r 2 3 57 0 , , 2 2 0 0 2 2 4 5 Jul 31, 2025 Nov 6, 2025 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 25 ‌Thank you SNP Schneider-Neureither & Partner SE Speyerer Strasse 4 69115 Heidelberg Germany +49 6221 64 25 - 0 +49 6221 64 25 - 20 [email protected] https://www.snpgroup.com linkedin.com/company/snp-schneider-neureither-&-partner-se Marcel Wiskow, Director IR +49 6221 64 25 - 637 [email protected] © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 26 ‌Disclaimer © 2025 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. SNP assumes no responsibility for errors or omissions in this document. SNP does not warrant the accuracy or completeness of the information, text, graphics, links, or other items contained within this material. This document is provided without a warranty of any kind, either express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. SNP shall have no liability for damages of any kind including without limitation direct, special, indirect, or consequential damages that may result from the use of these materials. This limitation shall not apply in cases of intent or gross negligence. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies. Heidelberg, Germany 2025 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 27

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