IPO presentation

November 2025

This presentation constitutes advertising material. The prospectus relating to the initial public ofifiering ofi the shares and their admission to trading on a regulated market was

approved by the Central Bank ofi Hungary (Magyar Nemzeti Bank - CBH) pursuant to its Resolution No. H-KE-III-799/2025, dated 19. November 2025. The approval ofi the prospectus

by the CBH shall not be construed as an endorsement ofi the securities to be ofifiered or admitted to trading.

The original version ofi this presentation, as well as the prospectus prepared and approved in connection with the ofifiering an d admission ofi the shares to trading, are available in the Hungarian language only. The ofifiering and admission to trading will take place in Hungary. In the event ofi any discrepancy between the Hungarian and English versions ofi this presentation, the Hungarian version shall prevail.

The prospectus is available on, and may be downloaded in electronic fiorm firom, the websites operated fior capital markets disclosure purposes by STRT Holding Nyrt., as issuer, KhH

Értékpapír, as distributor, the Budapest Stock Exchange Nyrt. and the CBH, at the fiollowing link: https://www.bet.hu/site/newkib/hu/2025.11./STRT_Holding_Nyrt._-

_Rendkivuli_tajekoztatas_129353460 . Prospective investors are urged to read the prospectus carefiully befiore making any investment decision, in order to evaluate the risks and

merits associated with an investment in the securities.

Additional infiormation and terms relating to account opening are set fiorth in the General Business Rules and the List ofi Conditions ofi KhH Értékpapír, the applicable product agreements and the annexes thereto, each ofi which is available at https://www.khertekpapir.hu/ugyfieltamogatas/dokumentumok .

Licence refierence number: 2009/10240/570; case number: Sp/2009/614/571. 1

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Petya Balogh, CEO

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More internationally successful Hungarian & regional companies

Building entrepreneurial know-how Financing big ambitions

Becoming a key player in the region

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Early-stage startup investment

Diverse segments: risk vs. return/growth

Diversified risk: large number of portfolio companies

Executive education and mentoring

Internally: enhancing portfolio companies' success Externally: strengthening entrepreneurial culture Stable revenue and cash generation

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The downturn of the Hungarian venture capital market

Record-low company valuations

Limited competition for the best companies Higher long-term return potential

Unfilled roles in the ecosystem

Opportunity to secure a market-leading position

Shaping the narrative and the market

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Over a hundred investments Expertise and experienced team High market confidence

in the profession

We do it, learn it, and teach it Strong network of contacts

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A quasi new "asset class" Lower entry barrier Liquidity potential

Regulated market with transparent operations

Funding opportunities

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INVESTMENTS

Péter Langmár, CIO

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EARLY STAGE

No significant revenue yet Not yet profitable Requires external financing Innovating in a new field

Typically international plans High valuation potential

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High individual risk High failure rate Completely illiquid 10+ year horizon Requires expertise

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INCUBATORS & INVESTORS

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Major global examples Smart money and support Diversified portfolio Scalable business models Economies of scale

BREAKTHROUGH AREAS

Technological and market innovation Internationally scalable

Industry-agnostic

• Med/HealthTech

• AI

• B2B/B2C SaaS

• EduTech

• AgriTech

• Retail

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HOW WE INVEST

High number of investments, strong diversification

"Evergreen", patient investor Among the first investors

Small ticket sizes, up to ~HUF 40 million Almost always co-investing Standardized terms and processes Already invested in foreign companies

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fiT"'OT

I N V E S T

INVESTMENTS

Number of investments (units)

• No. of new capital investments M No. of portfolio companies

Newly allocated fr nds (million HUF)

1.DB0 mFt

100

750 Ft

BOQ mFt

c** **'*******

-z^**

0

2020 2021 2022 2023 2024 2O25H1

0 mFt

2020 2021 2022 2OZ3 2024 2O25H 1

The source also includes the NKFIH Startup Factory funding transferred. STRT Holding Nyrt. has not made any new investments after 1 January 2025; investments are carried out by STRT Invest Zrt. instead.

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INVESTMENT PLANS

Strong deal flow, limited capital

Foreign portfolio companies

• Partial acquisition of angel and accelerator portfolios

• Scale-up secondaries, e.g.

  Antavo

• LP investments

  Expanding co-investor partnerships

  STRT Venture Capital Fund

  Manager

• Higher assets under

  management

• Follow-up investments

• Economies of scale

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EDUCATION

Mária Balogh-Mázi

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Leaders:

• Company executives

• Senior executives

• Startup founders

• Corporate leaders

  Professionals:

  
  
  

• Tech experts (AI, Python)

• Marketing

• HR

• Finance

• ...

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  DATA s TECHNOLOGY

  AI FOR BUSINESS DATA SCIENCE AI TECHNOLOGY PYTHON BASICS

  DATA VISUALIZATION

  INDUSTRY 4.0

  AGILE METHODS

  SCRUM MASTER ONLINE PRODUCT OWNER MASTERCLASS DESIGN THINKING

  DIGITAL INNOVATION SCRUM MASTER TRAINING AGILE TRANSFORMATION

  LEADERSHIP s STRATEGY

  OKR: STRATEGY EXECUTION MADE SIMPLE

  AGILE JETPACK FOR LEADERS

  E-COMMERCE

  AGILE HR IN THE DIGITAL ERA

  ELITE ATHLETES' TOOLKIT FOR

  EXECUTIVES

  COLLABORATIVE FAMILY BUSINESS

  BUSINESS STRATEGY PLANNING

  AI FOR BUSINESS

  ONLINE COURSES

  PROMPTS FOR BREAKFAST SCRUM MASTER ONLINE GOOGLE ANALYTICS 4

  AI IN MARKETING AI IN RECRUITMENT AI IN DIAGNOSTICS

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  EDUCATIONAL RESULTS

  
  
  

  2025 H1

  • +63% revenue vs. 2024 H1

  • 1,600+ participants

  • Integration of Kürt Academy

  • Launch of the Season Pass product

2020-2022: sum of audited standalone figures of group member

companies

2023-2024: consolidated audited figures of the group

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István Nagy, CFO

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Starting from fiscal year 2025, the Company applies the International Financial Reporting Standards (IFRS).

The Company has also completed the IFRS audit of financial statements for 2023 and 2024, which were originally prepared under Hungarian Accounting Standards.

Figures presented:

2020-2022: audited standalone figures prepared in accordance with the Hungarian Accounting Act (non-consolidated)

2023-2024: audited consolidated figures prepared in accordance with IFRS

2025 H1: IFRS-based consolidated figures reviewed by the auditor

All figures are in thousands of HUF unless otherwise indicated.

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• Revenue: HUF 724 million, up 58.0%

  • Of which one-off impact: due to a change in the investment valuation methodology:

    +HUF 52.1 million (underlying growth: +49% without this effect)

  • ⅔ investments, ⅓ education

• Operating profit: HUF 233 million, up 9.4%

  • Lower operating margin due to a significant increase in material-type expenses, primarily driven by the engagement of external lecturers in the education division

  • Personnel expenses increased due to team expansion and full-year impact

  • The education division's current focus is the integration of Kürt; efficiency

    improvements will follow

• Profit after tax: HUF 187 million, up 1.2%

  • Treasury result: higher interest income, BUT foreign exchange losses

  • 99% of the tax expense is deferred tax

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    2025 H1: EQUITY-FINANCED GROWTH

    Total assets: HUF 4,486 million, up 19.2% Assets side:

    Investment portfolio: HUF 3,755 million, change: HUF +635 million (+20.4%)

    Assets under management: HUF 4,120 million, change: HUF +744 million

    (+22.1%)

    Equity and liabilities side:

    Equity: HUF 3,927 million, change: HUF +589 million (+17.7%)

    Retained earnings: +890%

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    INDICATORS PER SHARE

• Since the Company's capital raisings precede the investments and their appreciation, EPS decreases.

• This can be offset (later) by higher profitability in education and a possible future increase in the value of investments.

• Equity per share has grown steadily in recent years.

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*: Includes shares, equity interests, SAFE-type investments, convertible loans and shareholder loans, but excludes the results of associated companies

**: Includes accrued interest on loans and the effects of foreign-exchange revaluations

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Audited methodology, applied retrospectively Investment lifecycle:

• At the time of investment: acquisition cost

• After the next funding round: transaction-based valuation - latest post-money valuation, reflecting preferential rights

• After 2 years: market-comparable valuation - multiples-based (P/S), considering industry, growth, country risk and preferential rights

• Devaluation: impairment based on financial performance, business performance or significant risk (0%, 25%, 50%, 75%)

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