Interim report
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Q 02 Austrian Post Half - year Financial Report 2026
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02 Half-year financial report _____ 2026 – Austrian Post Revenue _ Revenue +3.8 % to EUR 1,544.0m _ Mail, Branch & Services –7.4 %, E-Commerce & Logistics +11.5 % Earnings _ EBITDA from EUR 199.4m last year to EUR 187.7m in H1 2026 _ EBIT from EUR 94.0m last year to EUR 73.3m in H1 2026 Cash flow and balance sheet _ Operating free cash flow of EUR 116.6m _ Equity of EUR 609.2m as at 30 June 2026 Outlook for 2026 unchanged _ Slight revenue increase expected _ The base case EBIT assumption remains unchanged to achieve operating earnings in the range of recent years Key Figures EUR m H1 2025 H1 2026 Change EARNINGS FIGURES Revenue 1,488.1 1,544.0 3.8 % EBITDA 199.4 187.7 –5.9 % EBITDA margin 13.4 % 12.2 % – EBIT 94.0 73.3 –22.0 % EBIT margin 6.3 % 4.7 % – Profit for the period 68.4 22.8 –66.7 % Earnings per share (EUR)1 0.99 0.32 –67.4 % Employees (average for the period, full-time equivalents) 28,103 27,743 –1.3 % CASH FLOW AND CAPEX Gross cash flow 158.3 139.0 –12.2 % Cash flow from operating activities 28.6 10.8 –62.4 % Cash flow from financing activities –172.6 –156.2 9.5 % Operating free cash flow2 150.1 116.6 –22.3 % CAPEX 41.3 44.7 8.3 % EUR m 31 December 2025 30 June 2026 Change BALANCE SHEET FIGURES Total assets 6,559.3 6,447.0 –1.7 % Equity 767.6 609.2 –20.6 % Equity ratio 11.7 % 9.4 % – Financial debt incl. IFRS 16 461.5 606.4 31.4 % Financial debt 94.5 249.1 >100 % Capital employed3 1,280.2 1,249.5 –2.4 % 1 Undiluted earnings per share in relation to 67,552,638 shares 2 Free cash flow before acquisitions, money market investments, Growth CAPEX, CBA and cash held temporarily 3 bank99 was not included in the calculation, as this key figure is only relevant for the logistics business H1 2026 Highlights
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03 Statement by the Management Board Dear shareholders! Challenging geopolitical and economic environment prevails in 2026. This has consequences in terms of cost pres- sure and digitisation by business customers, public authorities and institutions as well as influences consumer purchasing behaviour. With this the profound change towards declining mail volumes continues while parcel volumes continue to in- crease. Austrian Post addresses these trends in Austria through an extensive service offering of postal, logistics and finan- cial services as well as new internet and mobile phone services. In domestic and international e-commerce business, the focus on e-fulfilment is becoming increasingly significant. Furthermore, the market environment in the parcel business re- mains challenging and highly competitive. Austrian Post generated revenue of EUR 1,544.0m in the first half of 2026, implying an increase of 3.8 % from the previous year. The E Commerce & Logistics division was the growth driver once again, benefitting from sustained momentum in online retail and a strong market position in Austria. Divisional revenue was up by 11.5 % to EUR 910.9m. The company’s parcel volumes in Austria increased by 9 %, thus considerably outperforming the market. Additional momentum was pro- vided by the e-commerce fulfilment business with the initial consolidation of the e-commerce provider euShipments.com, which has been part of Austrian Post Group since March 2026. As forecast, earnings for the first half of the year were below the prior-year level. EBITDA totalled EUR 187.7m (–5.9 %), while earnings before interest and taxes (EBIT) was at EUR 73.3m (–22.0 %). Earnings were particularly affected by the accelerated decline in mail business, the transformation of the telecommunications business and the fierce competition in international markets. Furthermore, regulatory measures impacted volume developments of Asian online retailers in the Turkish e-commerce market. Strategic milestones in Austria in the first half-year 2026 included the successful launch of Austrian Post’s own mo- bile phone brand YELLLOW and the ongoing positive development of bank99. bank99 generated EBIT of EUR 4.2m in the first half of 2026 and started its securities custody business in July 2026. The 3,000th postal point in Austria was opened in the first half of the year, and the network will grow further to more than 3,100 locations by the end of 2026. Usage of self- service postal stations continues to achieve dynamic growth, underlining the high level of acceptance of modern, 24/7 ser- vices. Austrian Post is also consistently pursuing its growth strategy internationally. The takeover of Serbian parcel service provider D Express was formally signed at the end of July. This acquisition enables Austrian Post to strengthen its market position in Southeast and Eastern Europe and strategically expand its international parcel network. In its Logistics Solution business, Austrian Post is expanding its integrated service offering along the entire e-commerce value chain through its in- vestment in the e-commerce provider euShipments.com, which was fully consolidated on 6 March 2026. Austrian Post reconfirms its outlook for the 2026 financial year despite the challenging conditions in the mail and parcel markets. The company continues to expect a slight revenue increase for the entire year 2026. The base case EBIT as- sumption remains unchanged to achieve operating earnings in the range of recent years. Positive momentum is anticipated in the second half of 2026, especially from product and price adjustments as well as the increased focus on e-commerce fulfilment. Vienna, 29 July 2026 The Management Board WALTER OBLIN CEO Chairman of the Management Board PETER UMUNDUM Deputy CEO Parcel & Logistics (COO) BARBARA POTISK-EIBENSTEINER Member of the Management Board Finance (CFO) Statement by the Management Board
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04 Half-year financial report _____ 2026 – Austrian Post 1. Business Performance and Economic Situation 1.1 Segment information and adjustment of comparable prior-year figures The segment structure of Austrian Post Group changed effective 1 January 2026. Reporting is now based on the divisions “Mail, Branch & Services”, “E-Com- merce & Logistics”, “Bank” as well as “Corporate,” which also represent the reporting segments according to IFRS 8. The new “Mail, Branch & Services” division now in- cludes the branch network in addition to the previously reported product and service portfolio of the former Mail Division. The new “Bank” division primarily represents the financial services business in cooperation with bank99. The new structure enables Austrian Post to enhance the transparency of its reporting and takes into account the evolution of its internal business structure. Prior-year fig- ures have been adjusted to ensure comparability. 1.2 Changes in the scope of consolidation The full consolidation of the Greek IT service pro- vider Agile Actors Hellas Single Member S.A. took place effective 1 January 2026. The company, which was ac- counted for using the equity method up to 31 Decem- ber 2025, could now be fully consolidated due to the agreed corporate governance. The stake in the company held by Austrian Post remains unchanged at 80 %. The for- mal closing of the acquisition of a 70 % stake in the Bul- garian e-commerce provider euShipments.com AD took place on 6 March 2026. The company and its subsidiaries are now fully included in the consolidated financial state- ments of the Austrian Post Group. A complete overview of all changes in the scope of consolidation is provided in Note 4 of the interim consoli- dated financial statements. 1.3 Revenue and Earnings 1.3.1 REVENUE DEVELOPMENT Austrian Post Group revenue increased by 3.8 % to EUR 1,544.0m in the first half-year 2026. Revenue of the Mail, Branch & Services division declined by 7.4 %, whereas the E-Commerce & Logistics division generated a revenue increase of 11.5 % and the Bank division reported a 2.7 % revenue decrease. The Mail, Branch & Services division accounted for 36.6 % of total Group revenue. Divisional revenue of EUR 566.1m is negatively impacted by the structural de- cline of addressed letter mail volumes due to electronic substitution. Furthermore, a decrease was particularly no- ticeable in the addressed advertising and media post business, which is primarily attributable to cost-saving and digitisation measures implemented by advertising cli- ents. Branch services and telecommunications revenue saw a decline due to the termination of the previous tele- communications sales partnership as at 31 Decem- ber 2025. The E-Commerce & Logistics division generated 58.8 % of total Group revenue, or EUR 910.9m during the reporting period. Revenue performance was positive across all regions. Business in Türkiye continues to be sig- nificantly impacted by high inflation and the exchange rate of the Turkish Lira as well as by the regulatory frame- work governing e-commerce. Competition remains intense in Southeast and Eastern Europe. The Bank division accounted for 4.6 % of Group revenue in the first half of 2026 or EUR 71.3m. Income from Financial Services declined compared to the first half of 2025 due to the lower interest rate environment. Revenue Development EUR m 1,505.2 1,488.1 1,544.0 H1 2024— H1 2025— +3.8% H1 2026— Group Management Report for the First Half of 2026
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05 Group Management Report Revenue by Division Change EUR m H1 20251 H1 2026 % EUR m Q2 20251 Q2 2026 REVENUE 1,488.1 1,544.0 3.8 % 55.9 724.6 773.3 Mail, Branch & Services 611.0 566.1 –7.4 % –44.9 297.3 276.1 E-Commerce & Logistics 817.0 910.9 11.5 % 93.9 398.7 463.5 Bank 73.3 71.3 –2.7 % –2.0 35.1 36.0 Corporate/Consolidation –13.2 –4.3 67.7 % 8.9 –6.5 –2.3 Working days in Austria 122 122 – – 60 60 1 Adjusted to reflect the new segment structure effective 1 January 2026 A regional breakdown of Austrian Post’s revenue shows that 73.5 % was generated in Austria during the first half of 2026. Its international business contributed 26.5 % of total Group revenue in the first six months of 2026. Thereof, the Türkiye+ business contributed 16.6 % and the Southeast and Eastern Europe region 8.7 %. Fi- nally, 1.2 % of total Group revenue was generated in Ger- many. Revenue Development of the Mail, Branch & Services Division Change EUR m H1 20251 H1 2026 % EUR m Q2 20251 Q2 2026 REVENUE 611.0 566.1 –7.4 % –44.9 297.3 276.1 Letter Mail & Business Solutions 365.5 344.6 –5.7 % –20.9 173.9 165.9 Direct Mail & Media Post 217.2 206.4 –5.0 % –10.8 109.2 102.6 Branch Services & Telecommunications 28.3 15.1 –46.8 % –13.3 14.1 7.7 Revenue intra-Group 30.2 31.7 5.1 % 1.5 14.8 15.8 TOTAL REVENUE 641.2 597.8 –6.8 % –43.4 312.1 291.9 thereof revenue with third parties 600.6 557.6 –7.2 % –43.0 292.1 271.7 1 Adjusted to reflect the new segment structure effective 1 January 2026 Revenue of the Mail, Branch & Services division to- talled EUR 566.1m in the first half of 2026, of which 60.9 % is attributable to the Letter Mail & Business Solu- tions area. Direct Mail and Media Post accounted for 36.4 % of total divisional revenue, whereas Branch Ser- vices & Telecommunication contributed 2.7 % to the divi- sion’s revenue. Excluding branch services and telecommu- nications, divisional revenue declined by 5.4 % year-on- year. Letter Mail & Business Solutions revenue amounted to EUR 344.6m in the first six months of 2026, down by 5.7 % from the previous year. Volume trends con- Revenue by Division % H1 2026 Mail, Retail & Services 36.6% E-Commerce & Logistics 58.8% Revenue by Region % H1 2026 Austria 73.5% International 26.5% Bank 4.6%
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06 Half-year financial report _____ 2026 – Austrian Post tinued to show a decline driven by the substitution of let- ters with electronic forms of communication. Conventional letter mail volumes in Austria were down by 9 % in the first six months of 2026. International letter mail revenue de- clined, whereas the Business Solutions area remained sta- ble. Direct Mail and Media Post revenue fell by 5.0 % to EUR 206.4m in the first half of 2026. The decline was pri- marily seen in the addressed direct mail business but also in media post. The advertising market remains subdued due to the economic climate, with structural declines in certain customer segments (e.g., furniture and mail order retail business). The adjustments to the pricing structure could not offset the impact of volume declines on revenue. Direct Mail and Media Post volumes were down by 8 % in the first half-year 2026. Branch Services & Telecommunication revenue de- creased from EUR 28.3m in the prior-year period to EUR 15.1m, mainly related to the termination of the previ- ous sales collaboration in the telecommunications sector as at 31 December 2025. Telecommunications revenue of approximately EUR 13m was included in the first half of 2025. Austrian Post’s own mobile phone brand YELLLOW was launched on 1 April 2026. Revenue Development of the E-Commerce & Logistics Division Change EUR m H1 2025 H1 2026 % EUR m Q2 2025 Q2 2026 REVENUE 817.0 910.9 11.5 % 93.9 398.7 463.5 Austria 457.2 503.2 10.1 % 46.0 228.0 252.0 Türkiye+1 240.6 255.7 6.3 % 15.1 109.5 128.1 CEE/SEE 100.2 107.6 7.4 % 7.4 51.2 55.3 Group Logistics Solutions 26.7 51.4 92.4 % 24.7 13.7 31.6 Consolidation –7.7 –7.0 9.5 % 0.7 –3.6 –3.5 Revenue intra-Group 8.9 9.1 1.9 % 0.2 4.5 4.5 TOTAL REVENUE 825.9 919.9 11.4 % 94.0 403.2 468.0 thereof revenue with third parties 813.2 906.6 11.5 % 93.4 396.8 461.3 1 Türkiye+ includes the countries Türkiye, Azerbaijan, Georgia Revenue of the E-Commerce & Logistics division increased by 11.5 % in the first half of 2026 to EUR 910.9m. Revenue increased across all regions. In Austria, revenue grew by 10.1 % to EUR 503.2m during the reporting period. Parcel volumes rose 9 % in the first half of 2026. Revenue in the Türkiye+ region grew by 6.3 % to EUR 255.7m compared to the first six months of 2026. The Turkish Government has continuously tightened im- port regulations since 2024 and imposed considerably higher customs duties and levies on low-value parcel ship- ments from Asia. At the same time, the import of certain goods, such as cosmetics and electronics, was partially banned. These measures led to a decline in transport vol- umes by about 5 %. Concurrently, business performance continues to be heavily influenced by inflation and the ex- change rate of the Turkish Lira. Due to above-mentioned reasons, parcel volumes in the Türkiye+ region only in- creased by 1 % compared to the first half of 2025. Parcel revenue in Southeast and Eastern Europe (Parcel CEE/SEE) rose by 7.4 % to EUR 107.6m in the first half of 2026. Parcel volumes in the region increased by 8 % compared to the prior-year period, with a sharp rise in volumes from Asia. Markets in Southeast and Eastern Eu- rope continue to be impacted by a high level of both com- petitive and margin pressure. Revenue of the Group Logistics Solutions business increased from EUR 26.7m to EUR 51.4m in the current reporting period. The initial consolidation of the Bulgarian e-commerce service provider euShipments.com took place effective 6 March 2026, contributing approx. EUR 20m in revenue in the first four months of 2026.
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07 Group Management Report Revenue Development of the Bank Division Change EUR m H1 20251 H1 2026 % EUR m Q2 20251 Q2 2026 REVENUE 73.3 71.3 –2.7 % –2.0 35.1 36.0 Income from Financial Services 73.3 71.3 –2.7 % –2.0 35.1 36.0 TOTAL REVENUE 73.3 71.3 –2.7 % –2.0 35.1 36.0 thereof revenue with third parties 73.0 70.3 –3.7 % –2.7 35.0 35.5 1 Adjusted to reflect the new segment structure effective 1 January 2026 Income from Financial Services in the Bank divi- sion fell by 2.7 % in the first six months of 2026 to EUR 71.3m. While the growth in the bank99 customer base boosted revenue, this was offset by a decline in in- terest income due to the lower key interest rate compared to the same period of 2025. bank99 generated net inter- est income of EUR 37.7m in the reporting period, repre- senting an increase of 14.9 % compared to the prior-year period. Financial Performance of the Group Change EUR m H1 2025 H1 2026 % EUR m Q2 2025 Q2 2026 REVENUE 1,488.1 1,544.0 3.8 % 55.9 724.6 773.3 Other operating income 60.1 65.3 8.7 % 5.2 28.1 33.3 Raw materials, consumables and services used –429.5 –478.3 –11.4 % –48.8 –207.5 –243.4 Expenses from financial services –22.6 –17.4 22.7 % 5.1 –9.7 –8.8 Staff costs –699.0 –723.2 –3.5 % –24.1 –338.8 –355.4 Other operating expenses –202.8 –210.1 –3.6 % –7.3 –100.2 –108.0 Results from financial assets accounted for using the equity method 1.9 1.3 –30.7 % –0.6 0.9 0.0 Net monetary gain 3.2 6.1 89.6 % 2.9 0.4 2.8 EBITDA 199.4 187.7 –5.9 % –11.7 97.8 93.9 Depreciation, amortisation and impairment losses –105.4 –114.4 –8.6 % –9.0 –52.2 –57.4 EBIT 94.0 73.3 –22.0 % –20.7 45.6 36.5 Financial result –1.8 –32.2 <-100 % –30.4 –4.1 –18.0 Financial result excl. valuation of put-option liabilities1 –5.2 –10.0 -92.6 % –4.8 –3.1 –4.8 PROFIT BEFORE TAX 92.2 41.1 –55.4 % –51.1 41.5 18.5 Income tax –23.8 –18.3 23.2 % 5.5 –12.7 –11.0 PROFIT FOR THE PERIOD 68.4 22.8 –66.7 % –45.6 28.8 7.5 ATTRIBUTABLE TO: Shareholders of the parent company 66.8 21.8 –67.4 % –45.0 28.9 6.9 Non-controlling interests 1.6 1.0 –35.4 % –0.6 –0.1 0.6 EARNINGS PER SHARE (EUR) 2 0.99 0.32 –67.4 % –0.67 0.43 0.10 EARNINGS PER SHARE EXCL. VALUATION OF PUT-OPTION LIABILITIES (EUR) 1,2 0.94 0.65 –30.6 % –0.29 0.44 0.30 1 Valuation of financial parameters of 20 % put-option for Aras Kargo, 30 % put-option for euShipments.com, 20 % put-option for Agile Actors 2 Undiluted earnings per share in relation to 67,552,638 shares
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08 Half-year financial report _____ 2026 – Austrian Post 1.3.2 EARNINGS DEVELOPMENT The largest expense items in relation to Austrian Post’s Group revenue are staff costs (46.8 %), raw materi- als, consumables and services used (31.0 %) and other op- erating expenses (13.6 %). In addition, depreciation, amor- tisation and impairment losses accounted for 7.4 % and fi- nancial services expenses for 1.1 %. Staff costs in the first half of 2026 totalled EUR 723.2m, represented an increase of 3.5 % or EUR 24.1m. This change includes the initial consolidation of new subsidiaries in the amount of EUR 11m as well as inflation-related salary adjustments in Türkiye. Austrian Post Group employed an average of 27,743 employees (full-time equivalents) in the first six months of 2026, compared to the average of 28,103 employees in the prior-year period (–1.3 %). Non-operating staff costs refer to severance pay- ments and changes in provisions, which are primarily at- tributable to the specific employment situation of civil servant employees at Austrian Post. No significant charges of this nature were incurred during the first six months of 2026. Raw materials, consumables and services used in- creased by 11.4 % to EUR 478.3m. This increase is largely attributable to transport services provided by external carriers, driven by higher transport volumes across all re- gions. Other operating income increased by 8.7 % in the first half of 2026 to EUR 65.3m. Other operating expenses also rose, increasingly by 3.6 % to EUR 210.1m. Accounting standard IAS 29 (Financial Reporting in Hyperinflationary Economies) needs to be applied for the Turkish subsidiaries. Accordingly, all items in the in- come statement as well as the non-monetary items were adjusted using a general price index (see 2025 Annual Re- port, Consolidated Financial Statements, Note 2.2 Hyper- inflation). The gain or loss on the net monetary items is presented as a separate item in the income statement. In the first half of 2026, the net monetary gain amounted to EUR 6.1m compared to EUR 3.2m in the prior-year period. At EUR 187.7m, EBITDA for the first half of 2026 was 5.9 % below the prior-year figure of EUR 199.4m, cor- responding to an EBITDA margin of 12.2 %. Depreciation, amortisation and impairment losses amounted to EUR 114.4m in the first six months of 2026, representing a year-on-year increase of 8.6 % or EUR 9.0m from the prior-year level. EBIT was down by EUR 20.7m and totalled EUR 73.3m in the first half of 2026 compared to EUR 94.0m in the previous year. The EBIT margin was 4.7 %. The Group’s financial result in the first half of 2026 was down from minus EUR 1.8m to minus EUR 32.2m, primarily due to a volatile valuation effect of the financial parameters (inflation and FX rate) for the op- tion liability in the amount of EUR 20m relating to the re- maining 20 % stake in Aras Kargo. This was in contrast to the positive effect of EUR 3.4m included in the prior-year period. Furthermore, the financial result also takes ac- count of the negative valuation effects from the option valuations of financial parameters related to the remain- ing stakes in euShipments.com as well as Agile Actors. Ex- cluding the valuation effects related to options, the finan- cial result in the first half of 2026 would have been minus EUR 10.0m (H1 2025: EUR –5.2m) The income tax decreased from EUR 23.8m to EUR 18.3m (+23.2 %). The profit for the period for the first six months of 2026 totalled EUR 22.8m, compared to EUR 68.4m in the first half of 2025 (–66.7 %). Earnings per share were EUR 0.32 down from EUR 0.99 in the prior year period (–67.4 %). Excluding the valuation effects related to options, the earnings per share for the reporting period would equal to EUR 0.65 (H1 2025: EUR 0.94). EBITDA EUR m 211.5 199.4 187.7 H1 2024— H1 2025— H1 2026— –5.9% EBIT Profit for the Period EUR m EUR m 105.6 94.0 73.3 H1 2024— H1 2025— H1 2026— –22.0% 78.5 68.4 22.8 H1 2024— H1 2025— H1 2026— –66.7%
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09 Group Management Report EBIT by Division Change EUR m H1 20251 H1 2026 % EUR m Margin H1 20262 Q2 20251 Q2 2026 EBIT 94.0 73.3 –22.0 % –20.7 4.7 % 45.6 36.5 Mail, Branch & Services 69.8 48.7 –30.3 % –21.1 8.1 % 32.4 21.1 E-Commerce & Logistics 32.1 27.5 –14.3 % –4.6 3.0 % 13.5 15.1 Bank 1.8 4.2 >100 % 2.4 5.9 % 2.4 1.6 Corporate/Consolidation3 –9.7 –7.1 27.0 % 2.6 – –2.7 –1.4 1 Adjusted to reflect the new segment structure effective 1 January 2026 2 Margin of the divisions in relation to total revenue 3 Includes the intra-Group cost allocation procedure From a divisional perspective, the Mail, Branch & Services division achieved an EBIT of EUR 48.7m in the first six months of 2026 compared to EUR 69.8m in the previous year. This earnings decrease is primarily attribut- able to the sharp decline in letter mail and direct mail vol- umes as well as the transformation of the telecommunica- tions business following the termination of the previous sales collaboration at the end of 2025 and the launch of the company’s own mobile brand YELLLOW on 1 April 2026. The E-Commerce & Logistics division generated an EBIT of EUR 27.5m in the first half of 2026, down from EUR 32.1m in the prior-year period. While the parcel busi- ness in Austria showed positive momentum, Austrian Post’s international markets experienced declines due to competition. The Group Logistics Solution business also showed a positive development in the reporting period. The Bank division produced an EBIT of EUR 4.2m in the first six months of 2026 compared to EUR 1.8m in the prior-year period. The improved earnings are attribut- able to the operational development of bank99 as well as the focus on cost efficiency. Furthermore, earnings also include a positive one-off effect from the first quarter of 2026. EBIT of the Corporate Division (including Consoli- dation and the intra-Group cost allocation procedure) changed from minus EUR 9.7m to minus EUR 7.1m. This improvement in earnings was primarily driven by cost sav- ings. The Corporate Division provides non-operating ser- vices which are typically essential for the purpose of the administration and management of the company. In addi- tion to conventional corporate governance tasks, these services include the management and development of non-operational real estate properties, management of significant financial holdings, provision of IT services, de- velopment of new business models and the administration of the Internal Labour Market of Austrian Post.
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10 Half-year financial report _____ 2026 – Austrian Post 1.4 Assets and Financial Position Balance sheet structure by item EUR m 31 December 2025 30 June 2026 Structure 30 June 2026 ASSETS Property, plant and equipment 1,368.1 1,349.9 20.9 % Intangible assets and goodwill 156.9 248.7 3.9 % Investment property 72.7 72.4 1.1 % Financial assets accounted for using the equity method 30.6 11.6 0.2 % Inventories, trade and other receivables 584.6 580.9 9.0 % Other financial assets 57.5 7.1 0.1 % thereof money market investments 50.4 0.0 – Financial assets from financial services 4,134.7 4,101.9 63.6 % Cash and cash equivalents 154.1 74.5 1.2 % 6,559.3 6,447.0 100 % EQUITY AND LIABILITIES Equity 767.6 609.2 9.4 % Provisions 512.9 471.0 7.3 % Other financial liabilities 666.0 681.0 10.6 % Trade and other payables 652.9 773.8 12.0 % Financial liabilities from financial services 3,959.9 3,912.2 60.7 % 6,559.3 6,447.0 100 % 1.4.1 BALANCE SHEET STRUCTURE Austrian Post’s total assets of EUR 6.4bn as at 30 June 2026 have expanded significantly since the inclu- sion of bank99 in 2020. On the assets side, the consoli- dated balance sheet as at 30 June 2026 showed bank99 loans (housing finance and consumer loans) equalling EUR 2.0bn. On the liabilities side, the consolidated bal- ance sheet includes customer deposits of bank99 amount- ing to EUR 3.7bn. Including bank99, the balance sheet composition is as follows: property, plant and equipment of EUR 1,349.9m represents one of the largest balance sheet items and includes right-of-use assets under leases of EUR 357.6m. In addition, intangible assets and goodwill from business acquisitions are reported at EUR 248.7m as at 30 June 2026. The balance sheet shows receivables of EUR 520.6m, including current trade receivables of EUR 399.2m. Other financial assets amounted to EUR 7.1m as at 30 June 2026. Financial assets from fi- nancial services equalled EUR 4,101.9m at the end of the first half of 2026 and result mainly from the business ac- tivities of bank99. Austrian Post had cash and cash equivalents of EUR 74.5m as at 30 June 2026. Cash and cash equiva- lents including bank99 totalled EUR 545.8m as at 30 June 2026. On the liabilities side of the balance sheet, the eq- uity of Austrian Post Group amounted to EUR 609.2m as at 30 June 2026, implying an equity ratio of 9.4 %. The lo- gistics equity ratio (equity in relation to total capital ex- cluding financial liabilities from financial services) stood at 24 % at the end of June 2026. Furthermore, provisions of EUR 471.0m are shown on the liabilities side as at 30 June 2026. The majority of the provisions are staff-re- lated, with EUR 107.9m relating to provisions for un- derutilisation and a further EUR 158.6m attributable to legally and contractually required provisions for social capital (severance payments and anniversary bonuses). EUR 81.4m related to other personnel provisions. Other provisions totalled EUR 123.1m. Other financial liabilities amounted to EUR 681.0m and mainly include lease liabili- ties of EUR 357.3m. Trade and other payables of EUR 559.8m include current trade payables of EUR 274.9m. Financial liabilities from financial services in the amount of EUR 3,912.2m result primarily from the business activities of bank99.
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11 Group Management Report Cash flow EUR m H1 20251 H1 2026 Gross cash flow 158.3 139.0 CASH FLOW FROM OPERATING ACTIVITIES 28.6 10.8 thereof core banking assets from financial services (CBA) –153.0 –129.0 thereof cash held temporarily 10.7 1.8 CASH FLOW FROM OPERATING ACTIVITIES EXCL. CBA AND CASH HELD TEMPORARILY 170.9 137.9 Cash flow from investing activities 1.0 –42.4 thereof maintenance CAPEX –33.2 –32.4 thereof growth CAPEX –8.1 –12.3 thereof cash flow from acquisitions/divestments –0.2 –59.3 thereof acquisition/disposal of money market investments 30.0 50.4 thereof other cash flow from investing activities 12.5 11.2 Free cash flow 29.6 –31.7 Free cash flow before money market investments, CBA and cash held temporarily 141.9 45.0 OPERATING FREE CASH FLOW 2 150.1 116.6 Cash flow from financing activities –172.6 –156.2 thereof dividends –125.1 –124.7 Change in cash and cash equivalents –153.9 –192.1 1 Adjustment of the presentation for cash held temporarily 2 Free cash flow before acquisitions, money market investments, Growth CAPEX, CBA and cash held temporarily 1.4.2 CASH FLOW Gross cash flow in the first half of 2026 amounted to EUR 139.0m, down from EUR 158.3m in the previous year (–12.2 %). Cash flow from operating activities equalled EUR 10.8m in the reporting period, compared to the prior year figure of EUR 28.6m. This item includes changes in the core banking assets (CBA) of bank99 total- ling minus EUR 129.0m compared to minus EUR 153.0m in the first half of 2025. Core banking assets include the change in the balance sheet items Financial assets from financial services and Financial liabilities from financial services, excluding cash, cash equivalents and central bank balances, and thus combine the deposit and invest- ment business of bank99. On the other hand, it also in- cludes the change in cash held temporarily of EUR 1.8m (H1 2025: EUR 10.7m). These are receivables and paya- bles from collected cash held on behalf of third parties, such as cash from cash-in transit operations. Cash flow from operating activities excluding CBA and temporary deposits amounted to EUR 137.9m in the first half of 2026 down from EUR 170.9m in the previous year. Cash flow from investing activities was minus EUR 42.4m in the first six months of 2026, compared to EUR 1.0m in the prior-year period. The total of minus EUR 59.3m relates to acquisitions, mainly the purchase of the Bulgarian company euShipments.com. Expenditures for the acquisition of property, plant and equipment and investment property (CAPEX) amounted to EUR 44.7m in the current reporting period, compared to EUR 41.3m in the first half of 2025. Austrian Post uses operating free cash flow as a key metric to assess the financial strength of its operating business and to cover the dividend for the financial year. The operating free cashflow in the current reporting pe- riod equalled EUR 116.6m. The comparable figure of EUR 150.1m in the prior-year period included a positive one-off effect. Cash flow from financing activities came to EUR 156.2m in the first six months of 2026, in comparison to EUR 172.6m in the first half of 2025. This figure in- cluded the dividend payment of EUR 123.6m to the share- holders of Österreichische Post AG. 1.4.3 INVESTMENTS Austrian Post Group’s investments totalled EUR 83.9m in the first half of 2026, of which EUR 32.0m was attributable to rights of use (IFRS 16 Leases) and EUR 51.9m to traditional core investments. Broken down by category, the investment total is distributed as follows: EUR 74.9m of the investments re- lated to property, plant and equipment and investment property, whereas EUR 9.0m was for investments in intan- gible assets.
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12 Half-year financial report _____ 2026 – Austrian Post 1.4.4 DEBT Following the dividend payment and corporate ac- quisitions, Austrian Post Group reported financial debt of EUR 249.1m at the end of June 2026, compared to 94.5m at the end of December 2025. Including leases (IFRS 16), debt was at EUR 606.4m as of 30 June 2026, compared to EUR 461.5m at the end of December 2025. Leases are common practice at Austrian Post Group due to the com- pany’s structure. On balance, Austrian Post Group held loans amounting to EUR 323m with a remaining term of 1 to 7 years as of the end of June 2026. As of the end of De- cember 2025, loans in the Austrian Post Group amounting to EUR 295m with a remaining term of 1 to 6 years. This is offset by cash and cash equivalents (cash, money market and securities investments) totalling EUR 74.5 (31 Decem- ber 2025: cash, money market and securities investments amounting to EUR 154.1m). The financial debt to EBITDA ratio (on a rolling 12- months’ EBITDA basis) as at 30 June 2026 stands at 0.6x; including leases (IFRS 16), the ratio is 1.5x. 1.4.5 CAPITAL EMPLOYED The capital employed of the Austrian Post Group came to EUR 1,265.6m as at 30 June 2026, compared to EUR 1,309.9m as at 31 December 2025. As this key figure is only relevant for the logistics business, bank99 was excluded from the detailed calcula- tion: capital employed amounted to EUR 1,249.5m as at 30 June 2026, in comparison to EUR 1,280.2m as at 31 December 2025. This slight decline is mainly due to the higher level of non-interest-bearing debt compared to 31 December 2025. 1.5 Employees The average number of employees at the Austrian Post Group equalled 27,743 full-time equivalents in the first half of 2026 compared to 28,103 full-time equiva- lents in the previous year. The reduction in headcount compared to the same period last year equals 360 full- time equivalents, of which 417 fewer full-time equivalents are employed at the parent company Österreichische Post AG and 519 fewer by its subsidiaries. Expansions to the scope of consolidation resulted in an increase of 576 full-time equivalents. The majority of the Group’s employ- ees are based in Austria (a total of 18,218 full-time equiv- alents). 1.6 Events After the Reporting Period Events occurring after the reporting date that are material for accounting and valuation on the balance sheet date as at 30 June 2026 were included in the in- terim consolidated financial statements. On 15 Juli 2026, the agreement to acquire 100 % of the shares in the Serbian parcel service provider D Ex- press d.o.o. was signed. The company headquartered in Belgrade offers postal and logistics services. On the basis of this acquisition, Austrian Post Group intends to lever- age synergies with its subsidiary City Express d.o.o., also located in Belgrade, and strengthen its market position in Southeast and Eastern Europe (CEE/SEE). The closing is expected in the second half of 2026, subject to regulatory approval by the competent authorities. There were no other reportable events after the balance sheet date. 1.7 Opportunities and Risks 1.7.1 RISK MANAGEMENT SYSTEM Austrian Post operates a comprehensive risk man- agement system that encompasses all business units and Group companies in order to support the achievement of the objectives set out in the Group and sustainability strategy. This system is generally based on the June 2017 COSO standard “Enterprise Risk Management – Inte- grated Framework”, meaning that it is founded on the ele- ments of governance, strategy and objectives, implemen- tation, review, evaluation and information, communication and reporting. Risks are defined as the potential deviation from corporate objectives. The aim of risk management is to identify risks at an early stage and to analyse and eval- uate them before going on to take appropriate measures designed to ensure that the company meets its corporate objectives. Risks are identified, evaluated, monitored and documented in their overall context by a Group-wide risk management system in accordance with uniform princi- ples. Governance – Roles and Responsibilities The Supervisory Board and Audit Committee over- see the risk management system as well as the develop- ment and management of significant risks. Every individual in the Austrian Post Group con- tributes, through their decisions and actions, to the risk management and is expected to uphold the fundamental principles and values of Austrian Post Group. In addition, the following individuals and functions play a special role:
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13 Group Management Report The Management Board is responsible for the Group’s opportunity and risk profile, as well as for cross- divisional risks, including financial risks, as well as for managing this profile and these risks. The management of each business division is re- sponsible for the risks specific to that division and for their management. This responsibility cannot be delegated. The Management Board is supported by the Risk Committee in managing the opportunity and risk profile, as well as cross-divisional risks. The Group risk management team is responsible for designing an enterprise risk management system that is effective and appropriate for the company. This includes analysing the prevailing conditions and the requirements applicable to such a management system, as well as its implementation, maintenance, review and continuous im- provement. Beyond this, the Group risk management team co- ordinates the risk management process, which encom- passes the identification, assessment, mitigation and monitoring of risks. This also includes supporting the spe- cialist departments and project managers in preparing the information required for decision-making by the adminis- trative, management and supervisory bodies. Reporting and Monitoring The exercise of oversight and control functions is supported by reporting from the Group Risk Management Team to the administrative, management and supervisory bodies. Standard reporting procedures provide for report- ing to the Management Board and the Audit Committee at least semi-annually, and to the full Supervisory Board at least annually. In addition, the administrative, management and supervisory bodies receive the information on opportuni- ties and risks necessary for making decisions that require their approval. Unexpected risks are reported immediately (on an ad hoc basis) to the Management Board and, where needed, to the Audit Committee and/or Supervisory Board. The functionality of the enterprise risk manage- ment system is assessed annually by external auditors in accordance with the Austrian Code of Corporate Govern- ance. This annual audit activity will be stepped up with the entry into force of the CSRD. Moreover, the design, suita- bility and effectiveness of the risk management system are evaluated, monitored and reviewed on the regular ba- sis. Goals and Risk Policy Austrian Post’s risk policy focuses on safeguarding and sustainably increasing enterprise value and is incor- porated into the corporate and sustainability strategy. Austrian Post’s risk-taking policy is based on its positioning on the capital market as a reliable dividend stock, its corporate values and its risk policy principles. This framework supports the implementation of the Group strategy. Based on these risk policy considerations and in line with the Group strategy, Austrian Post Group has es- tablished limits that enable operations within the defined risk appetite while ensuring risk-bearing capacity. Risk Management Process The key steps in the risk management process are presented below: 1. Identification & Assessment The Group-wide standard risk management pro- cess is conducted on a semi-annual basis. As part of the process, all divisions and fully consolidated subsidiaries are required to identify and assess opportunities and risks, define mitigation measures and update the status of previously identified opportunities and risks. The Group risk management team also supports the individual divi- sions and project managers by conducting proactive risk assessments with regard to their risks. Various methods are used, including expert interviews, workshops and anal- yses by the risk management team. During the analysis and assessment phase, oppor- tunities and risks are described in terms of scenarios and subsequently quantified - to the extent possible - based on the dimensions of "impact" and "probability of occur- rence," with the impact being assessed in relation to EBIT and cash flow. Non-quantifiable risks are evaluated on the basis of pre-defined qualitative criteria. Risks and oppor- tunities are assessed over the time horizons that are ap- propriate for each risk type, i.e., short-term (1 year), me- dium-term (1–4 years) and, if necessary, long-term (more than 4 years). The results of the identification and assessment processes are documented in dedicated risk management software. The central risk management team gathers infor- mation and reviews the identified and evaluated opportu- nities. The financial impacts of potential overlap are taken into account in the aggregation process. The overall risk position of the Austrian Post Group is determined by using statistical methods. Stress tests are conducted to assess risk-bearing capacity.
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14 Half-year financial report _____ 2026 – Austrian Post The risk portfolio is also analysed by the Risk Man- agement Committee and is subject to a plausibility check. 2. Management & Monitoring Opportunities and risks are prioritised and con- trolled on the basis of the portfolio analyses performed after the risk identification and evaluation process. Ris management involves defining appropriate measures aimed at avoiding or reducing risks or otherwise transfer- ring them to third parties. Business units evaluate poten- tial measures and subsequently implement them. Austrian Post Group operates internal insurance management to systematically deal with insurable risks. Its primary responsibility is to continuously optimise the insurance portfolio and claims processing procedures. Regular dialogue between the Group risk manage- ment team and those responsible for risk helps to ensure that the risk portfolio remains up to date. The semi-annual cycle used in the standard risk management process also ensures regular monitoring of opportunities and risks as well as the associated risk management measures. 1.7.2 MAIN OPPORTUNITIES AND RISKS Austrian Post’s opportunities and risks result from the overall risk environment and from the trends and changes to which the company is exposed or which it is confronted. The company has identified significant oppor- tunities and risks in the following areas: Mail Market Austrian Post is continually expanding its range of services to include various additional physical and elec- tronic services and is adapting its product portfolio in the Mail, Branch & Services division to meet customer re- quirements. These adjustments to the product and service portfolio are complemented by pricing measures. Nevertheless, the trend towards electronic substi- tution of letters and especially towards electronic delivery will continue in future. This development, which is being facilitated by legislation, could lead to a significant decline in mail volumes and may thus negatively impact earnings. Furthermore, it cannot be ruled out that changes to statutory delivery regulations for governmental mail could result in a portion of these items no longer being de- livered by Austrian Post. The substitution of letter mail by electronic media is expected to accelerate further as a re- sult of the E-Government Act that has come into force, and further digitisation measures launched by the federal government at an ongoing basis could result in a further decline in volumes. The direct mail business is influenced by general economic conditions and consumer purchasing power and is heavily dependent on the intensity of corporate adver- tising. However, stationary retailers – the most important customer group for direct mail – will continue to face structural trends. Market consolidation is increasing, while stationary retailers continue to suffer from the growth of the e-commerce market. In turn, this could re- sult in a reduction in advertising materials and direct mail volumes, which would have a negative impact on earnings. The ongoing tense economic situation could make pricing measures difficult despite high inflation. E-Commerce E-commerce continues to offer growth potential. In turn, this opens up opportunities in terms of volume and price development. However, there is a risk that e-com- merce growth could be impeded by a persistently negative economic environment. In addition, risks may arise from political intentions to change international trade flows in the parcel business by using tariff measures (customs du- ties and fees). In the Austrian e-commerce sector, Austrian Post distinguishes itself through new, fast and streamlined so- lutions for online orders. Austrian Post has clear competi- tive advantages with respect to its quality and cost struc- ture. Nevertheless, competition remains intense. The risk associated with volume splitting by customers and the in- tensive expansion of self-collection solutions, also by competitors, are adding to the pressure. This could lead to shifts in market share or to price and volume risks. Fur- thermore, parcel growth is dominated by major online re- tailers that are still growing at a disproportionately higher rate than the market average. Notable losses in volume and the accompanying effects on revenue and earnings may arise due to the internal delivery service established by a major customer along with the associated potential further increases in own delivery services. There is also a risk that additional senders could set up their own deliv- ery services. Sustainability considerations and increased cus- tomer demands related to supply chain due diligence reg- ulations are playing an increasingly important role in e- commerce. Austrian Post is constantly developing innova- tive and sustainable product solutions and is further ex- panding its CO₂-free delivery services. These activities set Austrian Post Group apart from its competitors and have potential to generate additional parcel volumes. Staff Costs and Structure of Employment Contracts The business model of Austrian Post has a high staff cost structure. The current economic situation and
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15 Group Management Report ongoing high levels of inflation continue to increase the risk of rising staff costs. Furthermore, a large number of Austrian Post Group employees have the status of civil servants, which means that they are subject to public sector employment laws, amendments to which can have additional negative impacts. As a result, there are both opportunities and risks regarding earnings effects resulting from the in- creased establishment or reduction in provisions due to the age structure, as well as staff optimisation measures and the clarification of historical social security liabilities. Logistics and Infrastructure Costs In addition to the company’s own parcel deliveries, Austrian Post also works with freight companies. Due to the increase in parcel volumes and the associated rise in demand for freight services, coupled with the rise in fuel costs, the company is exposed to the risk of cost in- creases. Increased sustainability requirements could also push costs up. Austrian Post takes this new environment into account in its projections, meaning that a less dra- matic increase in costs is to be assessed as an oppor- tunity. Moreover, there is the opportunity to generate effi- ciency increases on the basis of process improvements. Key Investments Aras Kargo (Türkiye) Austrian Post holds an 80 % stake in the Turkish parcel services provider Aras Kargo a. s. In the current geopolitical environment, there is a risk that overall economic conditions and the market environ- ment could develop to the detriment of Austrian Post. In- flation and the exchange rate are particularly important economic factors in this respect, as they have a noticeable impact on Austrian Post’s earnings. In a competitive envi- ronment, Aras Kargo is one of Türkiye’s leading parcel companies. This creates a risk of shifts in market share due to intense competition. bank99 (Austria) The development of bank99’s revenue and earnings mainly depend on how interest rates develop. Accordingly, interest rate developments could have a positive or negative impact on bank99’s earnings. Ongoing global uncertainties could impact the financial sector and thus lead to the risk that, in the event of the resolution of a member of the Austrian deposit guarantee scheme (ESA), bank99 would also have to make a contri- bution. CEE/SEE subsidiaries The market environment in the CEE/SEE region is characterised by intense competi- tive pressure and, as a result, a higher margin risk. Shifts in parcel volumes by major e-commerce retailers or the in- sourcing of parcel volumes on the part of major e-com- merce retailers have the potential to exacerbate this risk. For this reason, Austrian Post is continuously ana- lysing its strategic positioning as well as the structure and processes of its subsidiaries in order to counteract risks in this market. Financial Instruments Detailed information on the risks associated with financial instruments and risk management can be found in the Annual Report 2025, Consolidated Financial State- ments, Note 26 as well as in the Half-year Financial Re- port 2026, Consolidated Interim Financial Statements, Note 9.2. Environmental, Social and Governance (ESG) Risks Österreichische Post AG has been pursuing sus- tainability objectives for more than ten years now. This is reflected in the integrated Group and sustainability strat- egy. ESG issues are a top priority, which is why Öster- reichische Post AG welcomes and supports climate and environmental protection measures. In order to take ac- count of the increased focus on sustainability, Austrian Post has further enhanced its risk management system to create an integrated risk management system that takes ESG opportunities and risks into account. For a detailed list of ESG-related matters in the portfolio of opportunities and risks, as well as measures to exploit these opportunities or reduce risks, please refer to the Annual Report 2025 (Management Report, Section 4, Consolidated Non-financial Statement). Overall Legal/Regulatory Conditions Given the large number of products and services that it offers, the Austrian Post Group operates in a very demanding legal and regulatory environment, which is subject to, for example, the Austrian Postal Market Act, data protection regulations, tax regulations, capital mar- ket and competition law, as well as more stringent anti- corruption regulations and challenging sustainability re- quirements. As digitisation and technology become more and more important, regulation in this area is also on the rise. As a result, it is impossible to rule out a scenario in which, despite the greatest possible care taken by Aus- trian Post, other authorities, e. g. tax authorities, supervi- sory authorities or courts, could take a different legal view, and that this could lead to additional payments, pen- alties or compensation payments. Less stringent regula- tory demands could lead to new opportunities.
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16 Half-year financial report _____ 2026 – Austrian Post IT and Other Technical Facilities Austrian Post Group is dependent upon the use of complex technical systems to a significant degree. Its postal services heavily rely on the support provided by data processing systems, modern communications media and other technical equipment. Against this backdrop, the Austrian Post Group is investing in IT and other technical facilities for its distribution and delivery networks on an ongoing basis. In this regard, the performance of the com- pany is closely linked with the functioning of key sites. In the case of a temporary or permanent technical system failure, or should unauthorised data access or data manip- ulation occur, for instance as a result of cybercrime, this could potentially lead to disruptions in Austrian Post’s business and logistics operations with associated revenue losses, as well as a loss of reputation, customer defections and additional expenses. Geopolitical and Macroeconomic Risks The ongoing geopolitical and macroeconomic un- certainty is being taken into account in the Group’s plan- ning. Should uncertainties increase, this will be reflected as part of the risk management process. 1.7.3 OVERALL ASSESSMENT OF THE GROUP’S OPPORTUNITY AND RISK SITUATION The company continuously monitors the above- mentioned risks and opportunities. In response, appropri- ate measures are carried out and initiatives launched. A look at the company’s main opportunities and risks shows that while the issues that Austrian Post is facing are changing and shifting, the company’s opportunities and risks are stable overall. As a result, there is no threat to the company’s continuing existence from today’s perspec- tive. 1.8 Related Party Transactions No significant changes occurred in business rela- tionships with related parties during the first half of 2026. Information on business relationships with related compa- nies and individuals is explained in Austrian Post’s Annual Report 2025 (refer to the Annual Report 2025, Consoli- dated Financial Statements, Note 27.2).
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17 Group Management Report 1.9 Outlook for 2026 Against the backdrop of ongoing economic uncer- tainty, the underlying trends in the international mail and parcel business remain unchanged. The letter mail busi- ness is experiencing volume declines driven by digitisation efforts, whereas e-commerce remains a key driver of par- cel volume growth. At the same time, competition remains intense in many markets. Additional uncertainty arises, in particular, from national and European customs and fees regulations - both those already in effect and those cur- rently planned – affecting cross-border e-commerce. REVENUE IN 2026 Despite existing geopolitical and regulatory uncer- tainties, Austrian Post continues to expect a slight overall revenue increase in the 2026 financial year. The Mail, Branch & Services division is still ex- pected to experience a mid-single digit decline in revenue. This development is based on decreasing letter mail and direct mail volumes, which can only be partially offset by product and pricing adjustments. A positive contribution was made by revenue from branch services as of the sec- ond quarter of 2026 as well as from developing the own mobile phone brand YELLLOW. Conversely, revenue from the terminated telecommunications sales partnership will no longer contribute to the total. In contrast, growth in the upper single digit range is still projected for the E-Commerce & Logistics division. This development is supported by the ongoing e-com- merce trend and the initial consolidation of euShip- ments.com. At the same time, uncertainty remains regard- ing the potential impact of national and international cus- toms duties and fees on cross-border e-commerce ship- ments. This could lead to more subdued performance in the second half of the year. Furthermore, the competitive environment is expected to remain challenging, particu- larly in Southeast and Eastern Europe as well as in Türkiye. The Bank division anticipates a slight revenue in- crease compared to the prior-year period. Earnings are expected to improve in 2026 due to the completion of the core banking migration project and the additional busi- ness generated from the securities deposit offering. EARNINGS IN 2026 Austrian Post is maintaining its targets for the 2026 financial year despite challenging conditions in the mail and parcel market. The base-case assumption re- garding EBIT remains that the operating profit will be in the range of previous years. Positive momentum should contribute to an earnings improvement in the second half of 2026, in particular product and pricing adjustments in the Austrian letter mail business as of 1 August 2026 (“Premium” letters) as well as pricing adjustments in Türkiye. A stronger focus on e-commerce fulfilment is also expected to drive a significant positive development. Against the backdrop of current economic trends, opportunities as well as risks will arise with respect to the 2026 financial year. Potential for organic and inorganic earnings im- provements could result from current structural and pro- cess optimisation measures in the international network. Acquisitions and divestments are also being evaluated, alongside discussions with the federal government aimed at resolving disputed claims regarding social security con- tributions for the years 1996–2008, for which provisions have already been made in the accounts. With respect to the prevailing risks in the current financial year, it is important to mention the accelerated letter mail volume decline which could solidify at a level of around ten percent. Moreover, parcel volumes are likely to show a volatile development in the coming months. Na- tional and international customs duties and fees could weaken the growth of e-commerce shipments. At the same time, forecasting accuracy will be impacted as a result of fluctuations in the inflation rate and exchange rate devel- opments in Türkiye. INVESTMENTS IN 2026 Investments in property, plant and equipment (CAPEX) for 2026 will be in the range of EUR 140m to EUR 160m. Key areas of investment activity continue to be the expansion and modernisation of the logistics cen- tres in Salzburg, Budapest (Hungary) and Žilina (Slovakia), the expansion of the parcel locker network – particularly in Southeast and Eastern Europe – and the continued electrification of the vehicle fleet. The goal is to make last- mile delivery in Austria completely CO₂-free by 2030.
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18 Half-year financial report _____ 2026 – Austrian Post Vienna, 29 July 2026 The Management Board WALTER OBLIN CEO Chairman of the Management Board PETER UMUNDUM Deputy CEO Parcel & Logistics (COO) BARBARA POTISK-EIBENSTEINER Member of the Management Board Finance (CFO)
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19 Consolidated Income Statement Consolidated Income Statement for the first half of 2026 EUR m H1 2025 H1 2026 Q2 2025 Q2 2026 Revenue 1,488.1 1,544.0 724.6 773.3 thereof income from financial services 73.0 70.3 35.0 35.5 thereof income from effective interest 49.9 51.4 24.4 25.9 Other operating income 60.1 65.3 28.1 33.3 TOTAL OPERATING INCOME 1,548.2 1,609.3 752.7 806.7 Raw materials, consumables and services used –429.5 –478.3 –207.5 –243.4 Expenses from financial services –22.6 –17.4 –9.7 –8.8 Staff costs –699.0 –723.2 –338.8 –355.4 Depreciation, amortisation and impairment losses –105.4 –114.4 –52.2 –57.4 Other operating expenses –202.8 –210.1 –100.2 –108.0 thereof impairment losses in accordance with IFRS 9 –3.3 –6.0 –2.0 –3.7 TOTAL OPERATING EXPENSES –1,459.3 –1,543.4 –708.4 –773.0 Results from financial assets accounted for using the equity method 1.9 1.3 0.9 0.0 Net monetary gain 3.2 6.1 0.4 2.8 EARNINGS BEFORE FINANCIAL RESULT AND INCOME TAX (EBIT) 94.0 73.3 45.6 36.5 Financial income 17.3 6.6 8.1 3.6 Financial expenses –19.1 –38.8 –12.2 –21.6 FINANCIAL RESULT –1.8 –32.2 –4.1 –18.0 PROFIT BEFORE TAX 92.2 41.1 41.5 18.5 Income tax –23.8 –18.3 –12.7 –11.0 PROFIT FOR THE PERIOD 68.4 22.8 28.8 7.5 ATTRIBUTABLE TO: Shareholders of the parent company 66.8 21.8 28.9 6.9 Non-controlling interests 1.6 1.0 –0.1 0.6 EARNINGS PER SHARE (EUR) BASIC AND DILUTED 0.99 0.32 0.43 0.10 Consolidated Interim Financial Statements
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20 Half-year financial report _____ 2026 – Austrian Post Consolidated Statement of Comprehensive Income for the first half of 2026 EUR m H1 2025 H1 2026 Q2 2025 Q2 2026 PROFIT FOR THE PERIOD 68.4 22.8 28.8 7.5 ITEMS THAT MAY BE RECLASSIFIED SUBSEQUENTLY TO THE INCOME STATEMENT: Currency translation differences and hyperinflation adjustment – investments in foreign businesses –10.6 10.2 –7.9 0.6 Tax effect on hyperinflation adjustment 0.2 1.4 –0.2 2.5 TOTAL ITEMS THAT MAY BE RECLASSIFIED –10.4 11.5 –8.0 3.1 ITEMS THAT WILL NOT BE RECLASSIFIED SUBSEQUENTLY TO THE INCOME STATEMENT: Revaluation of defined benefit obligations 2.9 –2.2 1.3 2.0 Tax effect of revaluation –0.7 0.6 –0.3 –0.5 TOTAL ITEMS THAT WILL NOT BE RECLASSIFIED 2.1 –1.7 1.0 1.5 OTHER COMPREHENSIVE INCOME –8.2 9.9 –7.0 4.6 TOTAL COMPREHENSIVE INCOME 60.2 32.7 21.8 12.1 ATTRIBUTABLE TO: Shareholders of the parent company 60.2 29.8 23.3 10.8 Non-controlling interests –0.1 2.8 –1.5 1.3
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21 Consolidated Statement of Comprehensive Income/Consolidated Balance Sheet Consolidated Balance Sheet as at 30 June 2026 EUR m 31 December 2025 30 June 2026 ASSETS NON -CURRENT ASSETS Goodwill 60.3 135.5 Intangible assets 96.6 113.2 Property, plant and equipment 1,368.1 1,349.9 Investment property 72.7 72.4 Financial assets accounted for using the equity method 30.6 11.6 Other financial assets 7.1 7.1 Contract assets 0.5 0.5 Other receivables 10.3 9.7 Deferred tax assets 29.6 29.6 1,675.8 1,729.5 FINANCIAL ASSETS FROM FINANCIAL SERVICES Cash, cash equivalents and central bank balances 583.8 471.3 Receivables from banks 74.8 75.6 Receivables from customers 2,001.0 2,054.2 Investments 1,426.2 1,450.7 Other 49.0 50.1 4,134.7 4,101.9 CURRENT ASSETS Other financial assets 50.4 0.0 Inventories 26.6 28.1 Contract assets 0.2 0.3 Trade and other receivables 479.4 510.9 Tax assets 38.0 1.9 Cash and cash equivalents 154.1 74.5 748.7 615.6 6,559.3 6,447.0
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22 Half-year financial report _____ 2026 – Austrian Post Consolidated Balance Sheet as at 30 June 2026 EUR m 31 December 2025 30 June 2026 EQUITY AND LIABILITIES EQUITY Share capital 337.8 337.8 Capital reserves 91.0 91.0 Revenue reserves 314.8 145.1 Other reserves –17.5 –9.4 EQUITY ATTRIBUTABLE TO THE SHAREHOLDERS OF THE PARENT COMPANY 726.0 564.4 NON -CONTROLLING INTERESTS 41.6 44.7 767.6 609.2 NON -CURRENT LIABILITIES Provisions 257.1 236.0 Other financial liabilities 512.9 500.6 Other liabilities 83.9 172.3 Contract liabilities 0.4 0.4 Deferred tax liabilities 4.1 7.5 858.3 916.7 FINANCIAL LIABILITIES FROM FINANCIAL SERVICES Borrowings from banks 85.9 144.7 Liabilities to customers 3,759.9 3,654.4 Debt securities issued 85.7 87.6 Other 28.3 25.5 3,959.9 3,912.2 CURRENT LIABILITIES Provisions 255.8 235.0 Tax liabilities 13.9 9.9 Other financial liabilities 153.1 180.3 Trade and other payables 529.8 559.8 Contract liabilities 20.9 23.9 973.5 1,009.0 6,559.3 6,447.0
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23 Consolidated Balance Sheet/Consolidated Cash Flow Statement /Konzern-Cash-Flow-Statement Consolidated Cash Flow Statement for the first half of 2026 EUR m H1 2025 H1 2026 OPERATING ACTIVITIES Profit before tax 92.2 41.1 Depreciation, amortisation and impairment losses 105.4 114.4 Results from financial assets accounted for using the equity method –1.9 –1.3 Provisions - non-cash 5.4 9.1 Net position of monetary items – non-cash 1.2 –2.7 Other non-cash transactions –44.0 –21.7 GROSS CASH FLOW 158.3 139.0 Trade and other receivables –5.3 –28.0 Inventories –4.2 –1.7 Contract assets –0.3 0.0 Provisions –72.4 –50.0 Trade and other payables 54.9 24.7 Contract liabilities –1.4 3.0 Financial assets/liabilities from financial services –153.0 –129.0 Interest received from financial services 53.5 46.4 Interest paid from financial services –20.3 –9.2 Taxes paid/received 18.6 15.6 CASH FLOW FROM OPERATING ACTIVITIES 28.6 10.8 INVESTING ACTIVITIES Acquisition of intangible assets –8.2 –8.4 Acquisition of property, plant and equipment/investment property –41.3 –44.7 Sale of intangible assets/property, plant and equipment/investment property 10.0 8.7 Acquisition of subsidiaries less cash and cash equivalents –0.2 –59.3 Acquisition of financial investments in securities/money market investments –10.0 –40.0 Sale of financial investments in securities/money market investments 40.0 90.4 Loans granted 0.9 0.0 Dividends received from financial assets accounted for using the equity method 1.4 0.0 Interest received and income from securities 8.4 10.8 CASH FLOW FROM INVESTING ACTIVITIES 1.0 –42.4 FREE CASH FLOW 29.6 –31.7
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24 Half-year financial report _____ 2026 – Austrian Post Consolidated Cash Flow Statement for the first half of 2026 EUR m H1 2025 H1 2026 FINANCING ACTIVITIES Acceptance of long-term financing 0.0 101.5 Settlement of long-term financing –0.2 –75.1 Settlement of lease liabilities –38.7 –42.4 Changes of short-term financial liabilities –2.2 –4.1 Dividends paid –125.1 –124.7 Interest paid –8.6 –11.1 Acquisition of non-controlling interests 0.0 –0.3 Payments from non-controlling interests 2.1 0.0 CASH FLOW FROM FINANCING ACTIVITIES –172.6 –156.2 Currency translation differences in cash and cash equivalents –6.0 –0.8 Monetary loss on cash and cash equivalents –4.9 –3.4 CHANGE IN CASH AND CASH EQUIVALENTS –153.9 –192.1 Cash and cash equivalents as at 1 January 730.6 737.9 CASH AND CASH EQUIVALENTS AS AT 30 JUNE 576.7 545.8
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25 Consolidated Cash Flow Statement/Consolidated Statement of Changes in Equity /Konzern-Cash-Flow-Statement Consolidated Statement of Changes in Equity in the first half of 2025 Other reserves EUR m Share capital Capital reserves Revenue reserves IAS 19 reserve FVOCI reserve Currency translation reserve Equity attributabl e to share- holders of the parent company Non- controlling interests Equity BALANCE AS AT 1 JANUARY 2025 337.8 91.0 307.7 –27.1 1.9 6.7 717.9 43.7 761.6 Profit for the period 0.0 0.0 66.8 0.0 0.0 0.0 66.8 1.6 68.4 Other comprehensive income 0.0 0.0 0.0 1.7 0.0 –8.3 –6.6 –1.6 –8.2 TOTAL COMPREHENSIVE INCOME 0.0 0.0 66.8 1.7 0.0 –8.3 60.2 –0.1 60.2 Dividends paid 0.0 0.0 –123.6 0.0 0.0 0.0 –123.6 –1.4 –125.1 Payments to subsidiaries with non- controlling interests 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2.1 2.1 TRANSACTIONS WITH OWNERS 0.0 0.0 –123.6 0.0 0.0 0.0 –123.6 0.7 –123.0 BALANCE AS AT 30 JUNE 2025 337.8 91.0 250.9 –25.4 1.9 –1.6 654.5 44.2 698.8 Consolidated Statement of Changes in Equity in the first half of 2026 Other reserves EUR m Share capital Capital reserves Revenue reserves IAS 19 reserve FVOCI reserve Currency translation reserve Equity attributabl e to share- holders of the parent company Non- controlling interests Equity BALANCE AS AT 1 JANUARY 2026 337.8 91.0 314.8 –20.0 2.1 0.4 726.0 41.6 767.6 Profit for the period 0.0 0.0 21.8 0.0 0.0 0.0 21.8 1.0 22.8 Other comprehensive income 0.0 0.0 0.0 –1.3 0.0 9.4 8.0 1.8 9.9 TOTAL COMPREHENSIVE INCOME 0.0 0.0 21.8 –1.3 0.0 9.4 29.8 2.8 32.7 Dividends paid 0.0 0.0 –123.6 0.0 0.0 0.0 –123.6 –1.8 –125.4 Acquisition of non-controlling interests 0.0 0.0 –1.5 0.0 0.0 0.0 –1.5 1.2 –0.3 Obligation to acquire non-controlling interests 0.0 0.0 –66.2 0.0 0.0 0.0 –66.2 0.0 –66.2 TRANSACTIONS WITH OWNERS 0.0 0.0 –191.4 0.0 0.0 0.0 –191.4 –0.6 –192.0 Acquisition of subsidiaries 0.0 0.0 0.0 0.0 0.0 0.0 0.0 –0.6 –0.6 Deconsolidation of subsidiaries 0.0 0.0 –0.1 0.0 0.0 0.0 –0.1 0.0 –0.1 Change in the method of consolidation 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.5 1.5 OTHER CHANGES 0.0 0.0 –0.1 0.0 0.0 0.0 –0.1 0.9 0.9 BALANCE AS AT 30 JUNE 2026 337.8 91.0 145.1 –21.3 2.1 9.8 564.4 44.7 609.2
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26 Half-year financial report _____ 2026 – Austrian Post 1. Summary of Accounting Principles The consolidated interim financial statements of Austrian Post as at 30 June 2026 have been prepared in accordance with the International Financial Reporting Standards (IFRS) valid as at 30 June 2026, as issued by the International Accounting Standards Board (IASB) and adopted by the European Union, and the additional requirements of Section 245a of the Aus- trian Commercial Code (UGB). These consolidated interim financial statements have been prepared on the basis of IAS 34 Interim Financial Reporting. The consolidated interim financial statements do not include all the notes usually contained in the financial statements for the entire financial year. Accord- ingly, these consolidated interim financial statements should be read in connection with the consolidated financial statements for the 2025 financial year. The accounting and valuation methods as well as the explanations and notes to the financial statements are fundamentally based on the same accounting and valuation methods underlying the consolidated financial statements for the 2025 financial year with the exception of the initial application of new and revised standards or accounting policies as explained below. The consolidated interim financial statements are presented in Euros. All amounts are listed in millions of euros (EUR m) unless stated otherwise. When aggregating rounded amounts and percentages, rounding differences may occur due to the use of automated calculation aids. These consolidated interim financial statements were neither subject to a complete au- dit nor to an audit review by an auditor. 2. Changes in Accounting and Valuation Methods and Adjustment of Prior-Year Figures 2.1 New and revised International Financial Reporting Standards (IFRS) Mandatory application of revised standards In the first half of 2026, the following re- vised standards were applied on a mandatory basis for the first time: Mandatory Application of revised Standards Effective date1 Miscellaneous Annual Improvements to IFRSs, Volume 11 1 Jan. 2026 IFRS 7/IFRS 9 Classification and Measurement of Financial Instruments 1 Jan. 2026 IFRS 7/IFRS 9 Contracts Referencing Nature-dependent Electricity 1 Jan. 2026 1 To be applied in the financial year beginning on or after the effective date. The application of the amended standards did not have any material impact on the con- solidated interim financial statements. Notes to the Consolidated Interim Financial Statements for the first half of 2026
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27 Consolidated Notes Konzernanhang Expected impacts of IFRS 18 IFRS 18 Presentation and Disclosure in Financial State- ments replaces the previously valid standard IAS 1 Presentation of Financial Statements and is to be applied in financial years beginning on or after 1 January 2027. The early adoption of this standard is permissible. Austrian Post Group will not exercise its option of applying IFRS 18 prematurely and will first apply the new standard as at 1 January 2027. Comparative infor- mation for the year 2026 will be correspondingly adapted due to the mandatory retrospective application. Analysis and implementation launched in connection with the introduction of the new standard in the Austrian Post Group was continued in the first half of 2026. Information on the expected effects of IFRS 18, which were presented in the consolidated financial statements for the 2025 financial year, can be continued or supplemented as follows: _ Banking business is classified as a specific principal activity in accordance with IFRS 18.49ff. As income and expenses from financial services have already been recognised un- der operating activities, this is not expected to have any significant impact. _ The allocation of income and expenses to the newly defined categories of IFRS 18 will es- sentially give rise to the following changes: the results and depreciation in connection with investment properties currently reported in “Earnings before interest and tax (EBIT)” as well as the results from financial assets accounted for using the equity method will be assigned to an investment category in the future. Similarly, interest income from cash and cash equivalents currently recognised under the “Financial result” will also be recognised in the investment category. Furthermore, there will also be changes in connection with the classifi- cation of exchange rate effects, which must be reclassified to the particular causal items in line with the new rules contained in IFRS 18. This mainly refers to those foreign currency ef- fects currently encompassed in the “Financial result” and in the future in the respective op- erating category. The above-mentioned changes will lead to reclassifications within the consolidated income statement of the Austrian Post Group but will not have any impact on the profit for the pe- riod. _ The presentation of the currently recognised subtotals “Earnings before interest and tax (EBIT)” as well as the “Financial result” will no longer be included in the consolidated income statement in accordance with IFRS 18. In the future, “operating profit” will be used to depict the sum of all income and expenses in the operating category as well as the “Profit before financing and income taxes” to depict the sum of the operating results and all income and expenses of the investment category. The use of earnings before income taxes and the profit for the period will remain unchanged. _ The consolidated cash flow statement will make use of the new subtotal “operating profit” as the starting point for calculating the cash flow from operating activities. Interest and div- idends received or paid are already included in the cash flow from investing activities or in the cash flow from financing activities in accordance with the stipulations contained in IFRS 18. Accordingly, no further adjustments need to be made. _ In connection with the new requirements on “Management-defined Performance Measures (MPMs),” Austrian Post is currently assessing whether existing or future performance indi- cators fulfil the criteria of MPMs in line with the stipulations contained in IFRS 18. The expected impacts are based on the information available as at 30 June 2026 and could change as soon as new information becomes available. 2.2 Changes in Segment Reporting The segment structure of Austrian Post Group changed effective 1 January 2026. In ac- cordance with the new structure of the divisions, segment reporting is based on the reporting
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28 Half-year financial report _____ 2026 – Austrian Post segments “Mail, Retail & Services”, “E-Commerce & Logistics”, “Bank” and “Corporate”. Prior- year figures were all adjusted to reflect the new segment structure. For further information re- fer to Note 5 Segment reporting. 3. Future-related Assumptions and Estimation Uncertainties The preparation of consolidated financial statements in accordance with IFRS requires management to make certain assumptions and estimates about future developments. Moreo- ver, the Group is exposed to external events and developments which require forward-looking assumptions and estimates. A detailed description of the main forward-looking assumptions and estimates of the Austrian Post Group is contained in the consolidated financial statements for the 2025 finan- cial year. What follows are updates of individual assessments and estimates since publication of the last consolidated annual financial statements. Climate-related aspects There were no material changes in the first half of 2026 with respect to climate-related aspects. For this reason, no material impacts on the consolidated in- terim financial statements as at 30 June 2026 were identified. Macroeconomic environment The events and developments occurring in the first half of 2026 can be assessed as follows: Armed conflicts have taken place in the Middle East since the end of February 2026. The conflicts have led to rising energy and raw material prices on global commodity and finan- cial markets. Austrian Post Group neither operates subsidiaries or branch offices in the af- fected countries nor are relevant services or customer relationships derived from these coun- tries. Moreover, the primary value creation of Austrian Post Group is in rendering services in the fields of logistics and financial services and not in processing raw materials. Potential cost effects, especially increasing fuel costs, are counteracted by price adjustment clauses in a large proportion of customer contracts as well as contractually stipulated fixed prices for most of the services purchased from business partners. In addition, alternative drive technologies and CO₂- free delivery play a major role in the Austrian Post Group alongside efficiency increases and compensation measures. It is currently hard to predict how the ongoing tensions will develop. However, due to the above-mentioned conditions, no material impacts on the assets, financial and earnings position of Austrian Post Group are expected. Accordingly, no material balance sheet effects, including indications for impairment according to IAS 36, were identified as at 30 June 2026. In the first half of 2026, regulatory measures, especially customs policy in Türkiye, exac- erbated price movements in the relevant sales markets of Austrian Post Group. Import regula- tions were tightened in Türkiye and significantly higher customs duties and charges were im- posed on low-value parcels from Asia. At the same time, it was partially forbidden to import certain goods classified as hazardous, such as cosmetics and electronics. Furthermore, addi- tional customs and fee regulations will be introduced in the second half of 2026 within the Eu- ropean Union and/or in individual member states. The European customs regulation, which is scheduled to come into force on July 1, 2026, is expected to affect parcel volumes in cross-bor- der e-commerce. In Southeastern and Eastern Europe, parcel volumes are expected to develop in a volatile manner. From today's perspective, however, declines at the beginning of the second half of the year as a result of the new customs regulations are not expected to have a lasting impact on overall parcel volumes. All this did not lead to any material effects in the consoli- dated interim financial statements as at 30 June 2026 with respect to the impairment of assets pursuant to IAS 36, the recognition and valuation of assets or the recognition and measure- ment of liabilities. Business in the Türkiye+ region continues to be impacted by the high inflation rate and the exchange rate of the Turkish Lira. For this reason, the financial statements of the Turkish
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29 Consolidated Notes Konzernanhang subsidiary continue to involve the application of IAS 29 Financial Reporting in Hyperinflation- ary Economies. Moreover, the high inflation rate and the exchange rate are reflected in the val- uation of the option liability for the acquisition of the remaining 20% stake in Aras Kargo a.s. Refer to Note 9.1.3 Financial assets and liabilities not measured at fair value. With respect to receivables from customers for financial services, the ongoing challeng- ing macroeconomic environment has not led to a significant deterioration of the credit risk up until now. The relevant risk parameters, especially the probability of default – PD as well as the loss given default – LGD, generally showed a stable development in the first half of 2026. The portfolio quality as well as the loss indicators do not show any signs of a sustainable deteriora- tion and there are no indications of substantial deviations from previous risk assessments. The management overlay created in previous years will be continued in its current form. In this way, existing uncertainties, particularly with respect to economic conditions, geopolitical develop- ment and the situation on the labour market are being dealt with. Current developments and the resulting uncertainties related to the macroeconomic and geopolitical environment are being continuously monitored and potential impacts on the consolidated interim financial statements are being evaluated. On balance, no material effects on the consolidated interim financial statements resulting from the macroeconomic and geopo- litical environment could be identified as at 30 June 2026. 4. Changes in the Scope of Consolidation The following changes in the scope of consolidation and transactions with non-controlling interests took place in the first half-year 2026: Interest Company name from to Date of transaction Comment E-COMMERCE & LOGISTICS M&BM Express OOD, Sofia 76.00 % 100.00 % 16 Jan. 2026 Acquisition in stages euShipments.com AD, Ruse 0.00 % 70.00 % 06 Mar. 2026 Acquisition InOut Trade EOOD, Ruse 0.00 % 70.00 % 06 Mar. 2026 Acquisition Helpship SRL, Oradea 0.00 % 70.00 % 06 Mar. 2026 Acquisition Swiss Point Data a.s., Senec 0.00 % 70.00 % 06 Mar. 2026 Acquisition PICK & PACK d.o.o., Zagreb 0.00 % 70.00 % 06 Mar. 2026 Acquisition CORPORATE Agile Actors Hellas Single Member S.A., Chalandri 80.00 % 80.00 % 01 Jan. 2026 Change of method E-COMMERCE & LOGISTICS M&BM Express OOD Effective 16 January 2026, Austrian Post Group acquired the remaining 24 % stake in the company which has been fully consolidated since 2013. The acquisition recognised directly in equity with no effect on profit or loss, obtained at a purchase price of EUR 0.3m, led to a re- classification of the non-controlling interests to the amount of EUR 1.2m in the equity capital attributable to the shareholders of the parent company. On balance, no material effects on the consolidation financial statements of Austrian Post resulted from the acquisition.
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30 Half-year financial report _____ 2026 – Austrian Post euShipments Group The closing of the acquisition of a 70 % stake in the Bulgarian e-commerce service pro- vider euShipments.com AD took place on 6 March 2026. On the basis of the acquired share- holding, Austrian Post Group assumed a controlling interest in the company and all its subsidi- aries. Since this point in time, euShipments.com AD and its subsidiaries (InOut Trade EOOD, Helpship SRL, Swiss Point Data a.s. and Pick&Pack d.o.o.) have been fully consolidated in the consolidated financial statements of Österreichische Post AG. The euShipments Group is a leading integrated cross-border and fulfilment provider in Southeast and Eastern Europe and is based in Bulgaria, Romania, Slovakia and Croatia. The companies support mail order customers along the entire value chain, from e-fulfilment and national and international e-commerce transport services to value added services such as returns management, payment processing, IOSS solutions (Import-One-Stop-Shop) and more. This acquisition enables Austrian Post to strategically expand its e-commerce business and strengthen its position as an integrated e- commerce service provider in Southeast and Eastern Europe (CEE/SEE). The net balance of identifiable assets acquired and liabilities assumed at the time a controlling interest was acquired is calculated as follows: EUR m Fair values NON -CURRENT ASSETS 14.8 Intangible assets 6.0 Property, plant and equipment 8.7 CURRENT ASSETS 17.4 Inventories 0.3 Trade receivables and other receivables 8.0 Cash and cash equivalents 9.1 NON -CURRENT LIABILITIES 6.1 Other financial liabilities 5.1 Deferred tax liabilities 1.0 CURRENT LIABILITIES 11.2 Other financial liabilities 3.6 Tax liabilities 0.9 Trade and other payables 6.7 TOTAL NET IDENTIFIABLE ASSETS ACQUIRED AND LIABILITIES ASSUMED (100 %) 14.8 Within the context of the purchase price allocation, customer relationships to the amount of EUR 5.3m were recognised. Due to the predominantly short-term nature of the ac- quired trade receivables, it can be assumed that the acquired carrying amounts correspond to the fair value. The recognised assets and liabilities involve preliminary estimates. Goodwill totalling EUR 59.8m was recognised in connection with the acquisition of the corporate group. This particularly resulted from the integrated service offering, the cross-bor- der linehaul network in Southeast and Eastern Europe, the broad network of transport partners as well as the existing fulfilment and technology-based know. Furthermore, goodwill also en- compasses the expected growth potential and economies of scale from the integrated business model as well as the strong market position of the corporate group.
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31 Consolidated Notes Konzernanhang EUR m Fair values DETERMINATION OF GOODWILL Total amount of consideration transferred 70.2 Non-controlling interests based on the share of the total identifiable assets and liabilities assumed 4.4 Total net identifiable assets acquired and liabilities assumed (100 %) –14.8 GOODWILL 59.8 BREAKDOWN OF CASH INFLOW/OUTFLOW Total amount of consideration transferred 70.2 Acquired cash 9.1 NET CASH OUTFLOW 61.1 Within the context of the acquisition of the euShipments Group, euShipments.com AD acquired minority interests in its subsidiaries which were held by third parties. These acquisi- tions were financed by the Austrian Post Group as acquiree of the euShipments Group and the remaining seller in its position as the minority shareholder to the amounts of EUR 11.7m and EUR 5.0m respectively. Accordingly, the total amount of the consideration transferred equalling EUR 70.2m consists of the original purchase price of the 70% stake in euShipments.com to the amount of EUR 58.3m, the purchase price for the acquisition of the minority interests in the subsidiaries by euShipments.com AD equalling EUR 11.7m as well as subsequent purchase price adjustments of EUR 0.2m. The non-controlling interests amounted to EUR 4.4m on the ac- quisition date (30 % of the net balance of the identifiable assets acquired and liabilities as- sumed equalling EUR 14.8m). The change in non-controlling interests to the amount of minus EUR 0.6m recognised in equity results from the repayment of the above-mentioned financing totalling EUR 5.0m to the minority shareholders for the acquisition of minority interests in the subsidiaries. This repayment qualifies as an equity transaction pursuant to IFRS 10 and not as part of the purchase price allocation. Since the inclusion of the euShipments Group in the consolidated financial statements of Österreichische Post AG, revenue of EUR 22.4m has been recognised as well as a profit for the period of EUR 3.1m on the part of the euShipments companies. If the companies had al- ready been subsidiaries since the beginning of the year, revenue of the Austrian Post Group would equal EUR 1,554m and the profit for the period would total EUR 24.4m. Incidental acqui- sition costs in the period November 2025 to 30 June 2026 to the amount of EUR 0.8m were recognised as other operating expenses. In addition to the acquisition of a 70 % stake in euShipments, reciprocal options with the minority shareholders with respect to the acquisition of the remaining 30 % of the shares were stipulated. Accordingly, Austrian Post has the obligation (put option) in the year 2029 and is also entitled (call option) to acquire these remaining shares in the years 2027 to 2030. The exercise price mainly depends on the earnings of the company generated in each case in the year before the possible exercise of the option (EBIT multiple). The reciprocal options on the re- maining 30 % of the shares were recognised on the balance sheet according to the present ac- cess method. The obligation resulting from the put option to acquire the shares was stated as a financial liability at the present value of the expected exercise price of EUR 57.2m. The first- time recognition was offset against consolidated equity (revenue reserves). The liability is not part of the consideration transferred but is recorded separately pursuant to IAS 32/IFRS 9. The non-controlling interests in the euShipments Group will continue to be recorded in equity. Changes in the fair value of the put liability will be recognised in profit or loss in the profit for the period in line with Group policy. Changes in estimates in EBIT or interest expense from accrued interest are recognised in the financial result. A 10 % increase (decrease) in fu-
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32 Half-year financial report _____ 2026 – Austrian Post ture EBITDA of the company would lead to a corresponding increase (decrease) of the put op- tion liability to the amount of approx. EUR 5.9m and accordingly also affect the profit for the period. CORPORATE Agile Actors Hellas Single Member S.A. Chalandri The company was fully consolidated in the consolidated financial statements of Aus- trian Post effective 1 January 2026. Austrian Post Group has already held an 80 % stake in the Greek IT service provider since February 2023. However, due to the agreed upon corporate gov- ernance, the company was consolidated and accounted for using the equity method in the con- solidated financial statements of Österreichische Post AG pursuant to IAS 28. As of 1 January 2026, Austrian Post Group obtained control of the company based on the stipulations con- tained in the Shareholders' Agreement dated 22 February 2023. Due to the change in status of the associated company, a deconsolidation profit of EUR 0.8m was recognised in profit or loss under other operating income. This one-time income re- sults from the revaluation of the previous equity carrying amount to the fair value at the time of the transfer of control pursuant to IFRS 3. The net balance of the identifiable assets acquired and liabilities assumed at the time control was obtained is calculated as follows: EUR m Fair values NON -CURRENT ASSETS 4.9 Intangible assets 4.7 Property, plant and equipment 0.1 CURRENT ASSETS 8.4 Trade receivables and other receivables 5.7 Tax assets 0.8 Cash and cash equivalents 2.0 NON -CURRENT LIABILITIES 1.0 Deferred tax liabilities 1.0 CURRENT LIABILITIES 4.7 Tax liabilities 0.2 Trade and other payables 4.6 TOTAL NET IDENTIFIABLE ASSETS ACQUIRED AND LIABILITIES ASSUMED (100 %) 7.5 Within the context of the purchase price allocation, customer relations were recognised to the amount of EUR 4.7m. The initial consolidation led to the recognition of goodwill totalling EUR 15.2m resulting from the related earnings expectations of the company:
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33 Consolidated Notes Konzernanhang EUR m Fair values DETERMINATION OF GOODWILL Fair value of previously-held share 21.2 Non-controlling interests based on the share of the total identifiable assets and liabilities assumed 1.5 Total net identifiable assets acquired and liabilities assumed (100 %) –7.5 GOODWILL 15.2 BREAKDOWN OF CASH INFLOW/OUTFLOW Acquired cash 2.0 NET CASH INFLOW 2.0 Since the inclusion of Agile Actors Hellas Single Member S.A. in the consolidated finan- cial statements of Austrian Post, revenue with third parties of EUR 8.2m and a profit for the pe- riod of EUR 1.7m were recognised. Furthermore, reciprocal options exist with respect to acquiring the remaining 20 % of the shares. Accordingly, Austrian Post is required (put option) to acquire 10 % or 20 % of the shares in the years 2028 and 2029 and is also entitled (call option) to acquire the remaining 20 % of the shares in the same years. The exercise price depends on the average earnings of the company generated in the two years before the possible exercise of the options (EBIT multiple). The reciprocal options on the remaining 20 % of the shares were recognised on the bal- ance sheet according to the present access method. The obligation resulting from the put op- tion to acquire the shares was recognised as a financial liability to the amount of EUR 9.1m. The first-time recognition was offset against consolidated equity (revenue reserves). The liability is not part of the consideration transferred pursuant to IFRS 3 but is recog- nised separately pursuant to IAS 32/IFRS 9. The non-controlling interests will continue to be recognised in equity. Fair value changes will be stated in profit or loss in the profit for the pe- riod in line with Group policy. A 10 % increase (decrease) in future earnings of the company would lead to a corresponding increase (decrease) of the liability to the amount of approx. EUR 0.9m. 5. Segment Reporting General information The segment structure of Austrian Post Group was changed effec- tive 1 January 2026. In accordance with the new structure of the divisions, segment reporting is based on the reporting segments “Mail, Retail & Services”, “E-Commerce & Logistics”, “Bank” and “Corporate” and corresponds to the reporting carried out to the Management Board as the Chief Operating Decision Maker pursuant to IFRS 8. The new “Mail, Retail & Services” division now includes the branch network and other services in addition to the previously reported product and service portfolio of the former Mail division (letter mail and direct mail). The new “Bank” division encompasses the financial services business. The new structure enables Aus- trian Post to enhance the transparency of its reporting and also reflects the further develop- ment of its internal business structure. The identification of reportable segments continues to take place on the basis of the differences between their products and services. No operating segments were combined as part of the identification of the reporting segments. The expenses for jointly used processes in the logistics network and the jointly used assets required for these processes are allocated to the segments on a cost allocation basis through intra Group revenue and apportionment of Group expenses.
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34 Half-year financial report _____ 2026 – Austrian Post Mail, Retail & Services In addition to the business of letter mail and direct mail, the Mail, Retail & Services division also encompasses the branch network and other services. The product and service portfolio of Letter Mail & Direct Mail encompasses letter mail and docu- ment shipments, addressed and unaddressed direct mail items as well as newspapers, comple- mented by online services such as the e-letter and business processes such as input manage- ment, document logistics and output management. Moreover, the portfolio is rounded off by ad- ditional physical and digital services in customer communications as well as optimisation in document processing. The division's portfolio now also encompasses the branch network, via which key services in daily life are offered – from postal and logistics services along with finan- cial services (in cooperation with bank99) as well as telecommunications under Austrian Post's proprietary mobile phone brand YELLLOW and the sale of retail goods. In addition to personal service, the division relies on a dense self-service network and supports Österreichische Post AG in fulfilling its legal obligations as a universal service provider. The Mail, Retail & Services division is responsible for the results of its entire product and service portfolio. Moreover, the division also bears additional expenses resulting from the special ongoing statutory obligations of Österreichische Post AG, in particular its obligations as a universal service provider in Austria and the specific employment situation of civil servant employees. E-Commerce & Logistics The E-Commerce & Logistics division offers one-stop solu- tions for parcel and express parcel shipments along the entire value chain. The division is re- sponsible for the results of the entire service provision process, including logistics services pur- chased both within the Group and externally. In addition to conventional parcel products, ex- press delivery and food delivery, the portfolio in Austria also includes a broad range of value- added services. Tailored fulfilment solutions such as warehousing, order picking, returns man- agement, the transport of valuable goods and cash, web shop logistics and web shop infrastruc- tures are offered. Internationally, the E-Commerce & Logistics division is represented through- out CEE and Türkiye as well as neighbouring countries, through its subsidiaries. In addition, sta- tionary logistics for pharmaceutical products is offered in Germany through the associate ADELHEID/AEP. Bank The Bank division encompasses the financial services business offered through- out Austria in cooperation with bank99. The product offering of the division focuses on the con- ventional retail banking business, from payment transactions, deposit and savings business to granting loans, especially mortgage and consumer loans. Corporate The Corporate Division is primarily responsible for services in the area of Group administration, the development of new business models, the rendering of IT services, the rental of properties not required for operations and the development of real estate pro- jects. Non-operational services typically provided for the management and control of a corpo- rate Group include, among other things, the management of the company's properties, provid- ing IT support services and the administration of the Internal Labour Market of Austrian Post. Group Reconciliation The elimination of transactions between segments is shown in the Group Reconciliation column. Furthermore, the column serves the reconciliation from segment figures to Group figures. Segment investments shown in this column mainly refer to the internal production unit “Logistics network.” The following tables show the condensed explanatory notes for the reportable segments in the first half of 2025 and the first half of 2026. In order to ensure comparability, the previous year's figures were adjusted to the new segment structure pursuant to IFRS 8.29.
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35 Consolidated Notes Konzernanhang H1 2025 adjusted 1 EUR m Mail, Retail & Services E-Commerce & Logistics Bank Corporate Group Reconciliation Group Revenue (segments) 611.0 817.0 73.3 1.3 –14.5 1,488.1 Revenue intra-Group 30.2 8.9 0.0 0.0 –39.1 0.0 TOTAL REVENUE 641.2 825.9 73.3 1.3 –53.6 1,488.1 thereof revenue with third parties 600.6 813.2 73.0 1.3 0.0 1,488.1 thereof income from financial services 73.3 –0.3 73.0 EBIT 69.8 32.1 1.8 –9.5 –0.3 94.0 Financial result –1.8 PROFIT BEFORE TAX 92.2 1 Adjusted to reflect the new segment structure effective 1 January 2026 H1 2026 EUR m Mail, Retail & Services E-Commerce & Logistics Bank Corporate Group Reconciliation Group Revenue (segments) 566.1 910.9 71.3 9.6 –13.8 1,544.0 Revenue intra-Group 31.7 9.1 0.0 0.0 –40.8 0.0 TOTAL REVENUE 597.8 919.9 71.3 9.6 –54.6 1,544.0 thereof revenue with third parties 557.6 906.6 70.3 9.6 0.0 1,544.0 thereof income from financial services 71.3 –1.0 70.3 EBIT 48.7 27.5 4.2 –6.3 –0.8 73.3 Financial result –32.2 PROFIT BEFORE TAX 41.1 6. Revenue from Contracts with Customers The following table shows the revenue from contracts with customers by type of product, service or region for each reportable segment. The presentation is in line with the new segment structure. Refer to Note 5 Segment Reporting.
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36 Half-year financial report _____ 2026 – Austrian Post EUR m H1 2025 adjusted1 H1 2026 Letter Mail & Business Solutions 364.0 343.3 Direct Mail & Media Post 215.4 205.5 Branch Services & Telecommunications 21.2 8.8 MAIL, RETAIL & SERVICES 600.6 557.6 Austria 457.2 503.2 Türkiye+2 240.6 255.7 CEE/SEE 100.2 107.6 Group Logistics Solutions 26.7 51.4 Consolidation –11.5 –11.2 E-COMMERCE & LOGISTICS 813.2 906.6 Commission income from financial services 20.5 18.8 BANK 20.5 18.8 Other revenue 1.3 9.6 CORPORATE 1.3 9.6 REVENUE FROM CONTRACTS WITH CUSTOMERS 1,435.7 1,492.5 thereof recognised in revenue 1,435.7 1,492.5 1 Adjusted to reflect the new segment structure effective 1 January 2026 2 Türkiye+ includes the countries Turkey, Azerbaijan, Georgia and Uzbekistan 7. Result from Financial Services The total result from financial services is as follows: EUR m H1 2025 H1 2026 Interest income calculated using the effective interest method 49.9 51.4 Interest income calculated not using the effective interest method 2.5 0.1 Interest income 52.4 51.5 Commission income 20.5 18.8 INCOME FROM FINANCIAL SERVICES 73.0 70.3 Interest expense –19.6 –14.4 Commission expense –2.9 –3.1 EXPENSES FROM FINANCIAL SERVICES –22.6 –17.4 NET INTEREST INCOME/EXPENSE (= INTEREST INCOME - INTEREST EXPENSE) 32.8 37.1 NET COMMISSION INCOME/EXPENSES (= COMMISSION INCOME - COMMISSION EXPENSE) 17.6 15.7 NET INTEREST AND COMMISSION INCOME/EXPENSES 50.4 52.8 Revaluation and derecognition income 0.5 0.3 Impairment losses according to IFRS 9 –2.9 –4.2 RESULT FROM FINANCIAL SERVICES 48.0 48.9 The interest income mainly results from receivables from customers totalling EUR 31.5m (H1 2025: EUR 30.0m), 30,0 Mio EUR), interest income from bonds and other fixed-inter- est securities equalling EUR 14.3m (H1 2025: EUR 15.1m) and interest income from deposits with central banks to the amount of EUR 4.1m (H1 2025: EUR 4.9m). The interest expense in the current financial year mainly results from fixed term depos- its within the context of liabilities to customers totalling EUR 11.3m (H1 2025: EUR 18.9m).
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37 Consolidated Notes Konzernanhang Commission income to the amount of EUR 10.9m (H1 2025: EUR 10.9m) relates to the current account business and payment transactions, whereas EUR 5.3m (H1 2025: EUR 7.2m) relates to the other service business, and EUR 2.3m (H1 2025: EUR 2.2m) is attributable to the securities business. 8. Equity Dividends The Annual General Meeting of Austrian Post held on 15 April 2026 resolved to distribute a dividend of EUR 123.6m (corresponding to EUR 1.83 per share) for the financial year 2025. The dividend payment to shareholders to the amount of EUR 107.6m took place on 29 April 2026. The withheld capital gains tax equalling EUR 16.0m was paid to the tax office on 11 May 2026. Regulatory minimum capital requirements for bank99 AG bank99 AG is subject to the regulatory capital requirements imposed by the banking supervisory authorities based on Regula- tion (EU) No 575/2013 (Capital Requirements Regulation – CRR), taking several amendments into account. The own funds calculated in accordance with the CRR comprise the following: Eligible Own Funds of bank99 AG Pursuant to the CRR EUR m 31 December 2025 30 June 2026 Paid-in capital 100.9 100.9 Disclosed reserves 240.8 240.8 Retained earnings –109.0 –109.0 Less deduction items –17.4 –16.6 CORE CAPITAL (TIER 1) 215.3 216.1 Eligible supplementary capital 3.1 3.1 SUPPLEMENTARY CAPITAL (TIER 2) 3.1 3.1 TOTAL ELIGIBLE OWN FUNDS 218.4 219.3 Owns Funds Requirement of bank99 AG Pursuant to CRR EUR m 31 December 2025 30 June 2026 Credit risk 807.7 830.9 Credit value adjustment (CVA) 13.8 13.4 Operational risk 178.6 178.4 TOTAL RISK AMOUNT (CALCULATION BASIS) 1,000.0 1,022.7 Tier 1 capital ratio (CET1) based on total risk 21.5 % 21.1 % Own funds ratio in relation to total risk 21.8 % 21.4 % The capital ratios were well in excess of the legally required levels throughout the entire first half of 2026. The letter of comfort to bank99 undertaken by Österreichische Post AG still exists with the purpose of providing the company with additional capital of up to EUR 41.0m (31 December 2025: EUR 41.0m) in the event of an imminent breach of regulatory capital requirements.
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38 Half-year financial report _____ 2026 – Austrian Post 9. Financial Instruments and Related Risks These notes on financial instruments and related risks comprise an update of the valua- tions and estimates made by Austrian Post Group in determining the fair value of financial in- struments since the last consolidated financial statements. 9.1 Financial Instruments 9.1.1 FINANCIAL ASSETS AND LIABILITIES The following tables show the carrying amounts of financial assets and liabilities as at 31 December 2025 and 30 June 2026 pursuant to the classification categories stipulated in IFRS 9: 31 December 2025 EUR m Recognised at amortised cost At fair value through OCI (FVOCI) - recycling At fair value through OCI (FVOCI) - no recycling At fair value through profit or loss (FVTPL) mandatory Total at fair value Total FINANCIAL ASSETS Financial assets from financial services 4,094.3 0.0 0.0 40.4 40.4 4,134.7 Cash, cash equivalents and central bank balances 583.8 0.0 0.0 0.0 0.0 583.8 Receivables from banks 74.8 0.0 0.0 0.0 0.0 74.8 Receivables from customers 2,001.0 0.0 0.0 0.0 0.0 2,001.0 Mortgage loans 1,650.3 0.0 0.0 0.0 0.0 1,650.3 Consumer loans 335.4 0.0 0.0 0.0 0.0 335.4 Current accounts 15.2 0.0 0.0 0.0 0.0 15.2 Investments 1,426.2 0.0 0.0 0.0 0.0 1,426.2 Other receivables 8.6 0.0 0.0 40.4 40.4 49.0 Positive market values from hedge accounting 0.0 0.0 0.0 40.4 40.4 40.4 Other clearing receivables 8.6 0.0 0.0 0.0 0.0 8.6 Other financial assets 50.0 0.5 7.1 0.0 7.5 57.5 Money market investments 50.0 0.0 0.0 0.0 0.0 50.0 Sundry other financial assets 0.0 0.5 7.1 0.0 7.5 7.5 Trade receivables and other receivables 413.1 0.0 0.0 0.0 0.0 413.1 Trade receivables 348.4 0.0 0.0 0.0 0.0 348.4 Receivables from financial assets accounted for using the equity method 1.0 0.0 0.0 0.0 0.0 1.0 Other receivables1 63.7 0.0 0.0 0.0 0.0 63.7 Cash and cash equivalents 154.1 0.0 0.0 0.0 0.0 154.1 TOTAL 4,711.5 0.5 7.1 40.4 48.0 4,759.4 1 Excluding prepayments and receivables from tax authorities and social security carriers
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39 Consolidated Notes Konzernanhang 31 December 2025 EUR m Recognised at amortised cost At fair value through OCI (FVOCI) - recycling At fair value through OCI (FVOCI) - no recycling At fair value through profit or loss (FVTPL) mandatory Total at fair value Total FINANCIAL LIABILITIES Financial liabilities from financial services 3,951.6 0.0 0.0 8.4 8.4 3,959.9 Borrowings from banks 85.9 0.0 0.0 0.0 0.0 85.9 Liabilities to customers 3,759.9 0.0 0.0 0.0 0.0 3,759.9 Customer deposits 3,760.4 0.0 0.0 0.0 0.0 3,760.4 Portfolio fair value hedge –0.4 0.0 0.0 0.0 0.0 –0.4 Debt securities issued 85.7 0.0 0.0 0.0 0.0 85.7 Other liabilities 19.9 0.0 0.0 8.4 8.4 28.3 Negative market values from hedge accounting 0.0 0.0 0.0 8.4 8.4 8.4 Other clearing liabilities 19.9 0.0 0.0 0.0 0.0 19.9 Other financial liabilities 665.6 0.0 0.0 0.4 0.4 666.0 Borrowings from banks 298.6 0.0 0.0 0.0 0.0 298.6 Lease liabilities 367.0 0.0 0.0 0.0 0.0 367.0 Sundry other financial liabilities 0.0 0.0 0.0 0.4 0.4 0.4 Trade and other payables 453.1 0.0 0.0 3.3 3.3 456.4 Trade payables 282.0 0.0 0.0 0.0 0.0 282.0 Liabilities from financial assets accounted for using the equity method 2.7 0.0 0.0 0.0 0.0 2.7 Liabilities from acquisition of financial assets accounted for using the equity method 0.0 0.0 0.0 3.3 3.3 3.3 Liabilities from obligation to acquire non- controlling interests 67.9 0.0 0.0 0.0 0.0 67.9 Other liabilities1 100.4 0.0 0.0 0.0 0.0 100.4 TOTAL 5,070.2 0.0 0.0 12.1 12.1 5,082.3 1 Excluding payments received in advance and liabilities to tax authorities and social security carriers as well as unused vacation
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40 Half-year financial report _____ 2026 – Austrian Post 30 June 2026 EUR m Recognised at amortised cost At fair value through OCI (FVOCI) - recycling At fair value through OCI (FVOCI) - no recycling At fair value through profit or loss (FVTPL) mandatory Total at fair value Total FINANCIAL ASSETS Financial assets from financial services 4,060.6 0.0 0.0 41.3 41.3 4,101.9 Cash, cash equivalents and central bank balances 471.3 0.0 0.0 0.0 0.0 471.3 Receivables from banks 75.6 0.0 0.0 0.0 0.0 75.6 Receivables from customers 2,054.2 0.0 0.0 0.0 0.0 2,054.2 Mortgage loans 1,690.3 0.0 0.0 0.0 0.0 1,690.3 Consumer loans 345.3 0.0 0.0 0.0 0.0 345.3 Current accounts 18.6 0.0 0.0 0.0 0.0 18.6 Investments 1,450.7 0.0 0.0 0.0 0.0 1,450.7 Other receivables 8.8 0.0 0.0 41.3 41.3 50.1 Positive market values from hedge accounting 0.0 0.0 0.0 41.3 41.3 41.3 Other clearing receivables 8.8 0.0 0.0 0.0 0.0 8.8 Other financial assets 0.0 0.0 7.1 0.0 7.1 7.1 Sundry other financial assets 0.0 0.0 7.1 0.0 7.1 7.1 Trade receivables and other receivables 469.2 0.0 0.0 0.0 0.0 469.2 Trade receivables 399.2 0.0 0.0 0.0 0.0 399.2 Other receivables1 70.0 0.0 0.0 0.0 0.0 70.0 Cash and cash equivalents 74.5 0.0 0.0 0.0 0.0 74.5 TOTAL 4,604.3 0.0 7.1 41.3 48.4 4,652.7 1 Excluding prepayments and receivables from tax authorities and social security carriers
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41 Consolidated Notes Konzernanhang 30 June 2026 EUR m Recognised at amortised cost At fair value through OCI (FVOCI) - recycling At fair value through OCI (FVOCI) - no recycling At fair value through profit or loss (FVTPL) mandatory Total at fair value Total FINANCIAL LIABILITIES Financial liabilities from financial services 3,904.1 0.0 0.0 8.1 8.1 3,912.2 Borrowings from banks 144.7 0.0 0.0 0.0 0.0 144.7 Liabilities to customers 3,654.4 0.0 0.0 0.0 0.0 3,654.4 Customer deposits 3,656.1 0.0 0.0 0.0 0.0 3,656.1 Portfolio fair value hedge –1.8 0.0 0.0 0.0 0.0 –1.8 Debt securities issued 87.6 0.0 0.0 0.0 0.0 87.6 Other liabilities 17.4 0.0 0.0 8.1 8.1 25.5 Negative market values from hedge accounting 0.0 0.0 0.0 8.1 8.1 8.1 Other clearing liabilities 17.4 0.0 0.0 0.0 0.0 17.4 Other financial liabilities 681.0 0.0 0.0 0.0 0.0 681.0 Borrowings from banks 323.6 0.0 0.0 0.0 0.0 323.6 Lease liabilities 357.3 0.0 0.0 0.0 0.0 357.3 Trade and other payables 539.0 0.0 0.0 3.4 3.4 542.5 Trade payables 274.9 0.0 0.0 0.0 0.0 274.9 Liabilities from acquisition of Group companies 0.0 0.0 0.0 3.4 3.4 3.4 Liabilities from obligation to acquire non- controlling interests 156.2 0.0 0.0 0.0 0.0 156.2 Other liabilities1 108.0 0.0 0.0 0.0 0.0 108.0 TOTAL 5,124.1 0.0 0.0 11.5 11.5 5,135.6 1 Excluding payments received in advance and liabilities to tax authorities and social security carriers as well as unused vacation 9.1.2 FINANCIAL ASSETS AND LIABILITIES MEASURED AT FAIR VALUE The following tables show the financial assets and liabilities measured at fair value by IFRS 13 fair value hierarchy level as at 31 December 2025 and 30 June 2026:
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42 Half-year financial report _____ 2026 – Austrian Post EUR m Level 1 Level 2 Level 3 Total FINANCIAL ASSETS Financial assets from financial services 0.0 40.4 0.0 40.4 Other receivables 0.0 40.4 0.0 40.4 Positive market values from hedge accounting 0.0 40.4 0.0 40.4 Other financial assets 0.5 6.9 0.2 7.5 TOTAL 0.5 47.3 0.2 48.0 FINANCIAL LIABILITIES Financial liabilities from financial services 0.0 8.4 0.0 8.4 Other liabilities 0.0 8.4 0.0 8.4 Negative market values from hedge accounting 0.0 8.4 0.0 8.4 Other financial liabilities 0.0 0.4 0.0 0.4 Sundry other financial liabilities 0.0 0.4 0.0 0.4 Trade and other payables 0.0 0.0 3.3 3.3 Liabilities from acquisition of financial assets accounted for using the equity method 0.0 0.0 3.3 3.3 TOTAL 0.0 8.7 3.3 12.1 30 June 2026 EUR m Level 2 Level 3 Total FINANCIAL ASSETS Financial assets from financial services 41.3 0.0 41.3 Other receivables 41.3 0.0 41.3 Positive market values from hedge accounting 41.3 0.0 41.3 Other financial assets 6.9 0.2 7.1 TOTAL 48.2 0.2 48.4 FINANCIAL LIABILITIES Financial liabilities from financial services 8.1 0.0 8.1 Other liabilities 8.1 0.0 8.1 Negative market values from hedge accounting 8.1 0.0 8.1 Trade and other payables 0.0 3.4 3.4 Liabilities from acquisition of Group companies 0.0 3.4 3.4 TOTAL 8.1 3.4 11.5 The liability resulting from the acquisition of financial assets accounted for using the equity method was reclassified as the liabilities from the acquisition of Group companies within the context of the full consolidation of Agile Actors Hellas Single Member S.A. as at 1 January 2026 and involves the contingent consideration from the acquisition in the 2023 financial year, in which case the purchase price depends on the EBIT of the 2025 financial year. The fair value amounts to EUR 3.4m (31 December 2025: EUR 3.3m). The determination of the fair value of the other financial assets and liabilities takes place on the basis of the valuation procedures and input factors described in the Annual Report 2025. No transfers were made between levels in the first half of 2026.
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43 Consolidated Notes Konzernanhang 9.1.3 FINANCIAL ASSETS AND LIABIILTIES NOT MEASURED AT FAIR VALUE The fair value of the following financial assets and liabilities measured at amortised cost, taking into account the levels of the fair value hierarchy pursuant to IFRS 13, is as follows as at 31 December 2025 and 30 June 2026: 31 December 2025 EUR m Carrying amount Fair value Level 1 Level 2 Level 3 FINANCIAL ASSETS Receivables from banks 74.8 79.1 0.0 0.0 79.1 Receivables from customers Mortgage loans 1,650.3 1,669.8 0.0 0.0 1,669.8 Consumer loans 335.4 374.7 0.0 0.0 374.7 Investments 1,426.2 1,392.0 1,392.0 0.0 0.0 FINANCIAL LIABILITIES Liabilities to customers Customer deposits 3,760.4 3,758.9 0.0 0.0 3,758.9 Portfolio fair value hedge –0.4 –0.4 0.0 –0.4 0.0 Debt securities issued 85.7 90.7 0.0 0.0 90.7 Liabilities from obligation to acquire non-controlling interests 67.9 80.7 0.0 0.0 80.7 30 June 2026 EUR m Carrying amount Fair value Level 1 Level 2 Level 3 FINANCIAL ASSETS Receivables from banks 75.6 79.0 0.0 0.0 79.0 Receivables from customers Mortgage loans 1,690.3 1,708.7 0.0 0.0 1,708.7 Consumer loans 345.3 386.2 0.0 0.0 386.2 Investments 1,450.7 1,437.2 1,437.2 0.0 0.0 FINANCIAL LIABILITIES Liabilities to customers Customer deposits 3,656.1 3,653.4 0.0 0.0 3,653.4 Portfolio fair value hedge –1.8 –1.8 0.0 –1.8 0.0 Debt securities issued 87.6 91.0 0.0 0.0 91.0 Liabilities from obligation to acquire non-controlling interests 156.2 152.4 0.0 0.0 152.4 Financial assets The fair value of the financial assets listed in this table is determined using the present value method, taking into consideration credit risks and currently observable market data on interest rates. Financial liabilities Liabilities to customers and securitised liabilities are measured us- ing the present value method, taking into account currently observable market data on interest rates. Liabilities from purchase obligations for non-controlling interests result from options to acquire the remaining 20 % shareholding in Aras Kargo a.s., the remaining 30 % of the shares in euShipments.com AD and the remaining 20 % stake in Agile Actors Hellas Single Member S.A.
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44 Half-year financial report _____ 2026 – Austrian Post In connection with the option to acquire the remaining 20 % shareholding in Aras Kargo a.s., Austrian Post has the obligation (put option) in the years 2035 or 2036 to acquire the re- maining shares. The exercise price of the options depends on the earnings of Aras Kargo a.s. and the pro rata earnings of its subsidiaries, in each case in the year before the possible exer- cise of the put option (EBIT multiple). The liability shows a carrying amount of EUR 87.8m (31 December 2025: EUR 67.7m) and was calculated on the basis of the expected future results as well as application of the current EUR/TRY exchange rate and discounted using the effective interest rate method. In connection with the options to acquire the remaining shares of euShipments.com AD as well as Agile Actors Hellas Single Member S.A., reference is made to Note 4 Changes in the scope of consolidation. The results of the subsequent measurement of liabilities in connection with purchase obligations for non-controlling interests were recognised in the consolidated income statement. This resulted in earnings of minus EUR 22.2m (H1 2025: EUR 3.3m). This includes expenses and income from foreign currency valuation in the first half of 2026 to the amount of EUR 3.8m, from inflation adjustments totalling minus EUR 17.9m and the accrued interest on liabilities to the amount of minus EUR 8.0m. With respect to all other financial assets and liabilities not measured at fair value, it can be assumed that the carrying amounts correspond to the fair value due to the predominantly short-term nature of these items. 9.2 Risks from Banking Activities Related to Financial Instruments Banking activities on the part of Austrian Post Group are primarily carried out by bank99 and comprises part of Austrian Post's financial services. Additional requirements and reporting disclosures (especially regulatory demands) are taken into account within the context of the company's banking operations. Reference is made to the information contained in the Annual Report 2025 on risk man- agement, risk policy and strategy. 9.2.1 CREDIT RISK Credit risk-related portfolio The credit risk-relevant portfolio comprises all positions from financial services that involve a credit risk in the narrower sense within the context of the banking business. These include both on-balance sheet and off-balance sheet items. The ad- justments to the carrying amount recognised in the context of hedges (basis adjustments) are included in the gross carrying amount where applicable. As at 31 December 2025 and 30 June 2026, the credit risk-relevant portfolio is as fol- lows:
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45 Consolidated Notes Konzernanhang Credit Risk-Relevant Portfolio as at 31 December 2025 EUR m Net carrying amount Impairment losses Gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 537.5 0.0 537.5 Receivables from banks 74.8 0.0 74.8 Receivables from customers Mortgage loans 1,650.3 2.6 1,652.9 Consumer loans 335.4 21.9 357.3 Current accounts 15.2 3.7 18.9 Investments Recognised at amortised cost 1,426.2 0.2 1,426.4 Other clearing receivables 0.3 0.0 0.3 SUBTOTAL 4,039.7 28.4 4,068.0 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.9 0.0 0.9 Loan commitments not yet drawn 7.9 0.0 7.9 SUBTOTAL 8.8 0.0 8.8 CREDIT RISK -RELEVANT PORTFOLIO 4,048.4 28.4 4,076.8 Credit Risk-Relevant Portfolio as at 30 June 2026 EUR m Net carrying amount Impairment losses Gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 385.6 0.0 385.6 Receivables from banks 75.6 0.0 75.6 Receivables from customers Mortgage loans 1,690.3 2.5 1,692.8 Consumer loans 345.3 23.4 368.7 Current accounts 18.6 4.0 22.6 Investments Recognised at amortised cost 1,450.7 0.2 1,450.9 Other clearing receivables 0.1 0.0 0.1 SUBTOTAL 3,966.1 30.1 3,996.3 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.8 0.0 0.9 Loan commitments not yet drawn 5.4 0.0 5.4 SUBTOTAL 6.2 0.0 6.3 CREDIT RISK -RELEVANT PORTFOLIO 3,972.4 30.1 4,002.5
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46 Half-year financial report _____ 2026 – Austrian Post The credit risk-relevant portfolio by client segment is as follows: Credit Risk-Relevant Portfolio by Customer Segment as at 31 December 2025 EUR m Retail customers Financial institutions Public sector Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 0.0 537.5 0.0 537.5 Receivables from banks 0.0 74.8 0.0 74.8 Receivables from customers Mortgage loans 1,652.9 0.0 0.0 1,652.9 Consumer loans 357.3 0.0 0.0 357.3 Current accounts 18.9 0.0 0.0 18.9 Investments Recognised at amortised cost 0.0 151.8 1,274.6 1,426.4 Other clearing receivables 0.2 0.1 0.0 0.3 SUBTOTAL 2,029.3 764.1 1,274.6 4,068.0 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.9 0.0 0.0 0.9 Loan commitments not yet drawn 7.9 0.0 0.0 7.9 SUBTOTAL 8.8 0.0 0.0 8.8 TOTAL 2,038.1 764.1 1,274.6 4,076.8 Credit Risk-Relevant Portfolio by Customer Segment as at 30 June 2026 EUR m Retail customers Financial institutions Public sector Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 0.0 385.6 0.0 385.6 Receivables from banks 0.0 75.6 0.0 75.6 Receivables from customers Mortgage loans 1,692.8 0.0 0.0 1,692.8 Consumer loans 368.7 0.0 0.0 368.7 Current accounts 22.6 0.0 0.0 22.6 Investments Recognised at amortised cost 0.0 242.0 1,208.9 1,450.9 Other clearing receivables 0.1 0.0 0.0 0.1 SUBTOTAL 2,084.2 703.2 1,208.9 3,996.3 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.9 0.0 0.0 0.9 Loan commitments not yet drawn 5.4 0.0 0.0 5.4 SUBTOTAL 6.3 0.0 0.0 6.3 TOTAL 2,090.5 703.2 1,208.9 4,002.5
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47 Consolidated Notes Konzernanhang An automated payment reminder process has been put in place for all banking services, with an overdue counter starting to run on the first day after the due date. This results in the following breakdown of the credit risk-relevant portfolio by days overdue: Credit Risk-Relevant Portfolio by Days Overdue as at 31 December 2025 EUR m Not overdue 1–30 days 31–90 days > 90 days Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 537.5 0.0 0.0 0.0 537.5 Receivables from banks 74.8 0.0 0.0 0.0 74.8 Receivables from customers Mortgage loans 1,649.4 0.1 1.5 1.9 1,652.9 Consumer loans 336.6 3.8 2.3 14.6 357.3 Current accounts 14.2 0.8 1.0 3.0 18.9 Investments Recognised at amortised cost 1,426.4 0.0 0.0 0.0 1,426.4 Other clearing receivables 0.3 0.0 0.0 0.0 0.3 SUBTOTAL 4,039.1 4.7 4.8 19.5 4,068.0 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.9 0.0 0.0 0.0 0.9 Loan commitments not yet drawn 7.9 0.0 0.0 0.0 7.9 SUBTOTAL 8.8 0.0 0.0 0.0 8.8 TOTAL 4,047.9 4.7 4.8 19.5 4,076.8
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48 Half-year financial report _____ 2026 – Austrian Post Credit Risk-Relevant Portfolio by Days Overdue as at 30 June 2026 EUR m Not overdue 1–30 days 31–90 days > 90 days Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 385.6 0.0 0.0 0.0 385.6 Receivables from banks 75.6 0.0 0.0 0.0 75.6 Receivables from customers Mortgage loans 1,689.8 0.4 0.7 2.0 1,692.8 Consumer loans 345.8 4.0 3.3 15.8 368.7 Current accounts 16.9 0.9 1.6 3.1 22.6 Investments Recognised at amortised cost 1,450.9 0.0 0.0 0.0 1,450.9 Other clearing receivables 0.1 0.0 0.0 0.0 0.1 SUBTOTAL 3,964.6 5.3 5.6 20.8 3,996.3 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.9 0.0 0.0 0.0 0.9 Loan commitments not yet drawn 5.4 0.0 0.0 0.0 5.4 SUBTOTAL 6.3 0.0 0.0 0.0 6.3 TOTAL 3,970.8 5.3 5.6 20.8 4,002.5 The customer rating consists of five rating categories 1-5 which are shown in the tables below:
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49 Consolidated Notes Konzernanhang Credit Risk-Relevant Portfolio by Rating Category as at 31 December 2025 EUR m Rating 1 Rating 2 Rating 3 Rating 4 Rating 5 No Rating Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 537.3 0.1 0.0 0.0 0.0 0.0 537.5 Receivables from banks 0.0 74.8 0.0 0.0 0.0 0.0 74.8 Receivables from customers Mortgage loans 0.0 0.0 1,631.0 17.9 3.6 0.4 1,652.9 Consumer loans 0.0 0.0 291.0 46.3 20.0 0.0 357.3 Current accounts 0.0 0.0 11.0 3.8 4.2 0.0 18.9 Investments Recognised at amortised cost 1,054.9 371.5 0.0 0.0 0.0 0.0 1,426.4 Other clearing receivables 0.0 0.0 0.0 0.0 0.0 0.3 0.3 SUBTOTAL 1,592.3 446.4 1,933.0 68.0 27.8 0.7 4,068.0 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.0 0.0 0.8 0.0 0.0 0.0 0.9 Loan commitments not yet drawn 0.0 0.0 7.9 0.0 0.0 0.0 7.9 SUBTOTAL 0.0 0.0 8.7 0.1 0.0 0.0 8.8 TOTAL 1,592.3 446.4 1,941.7 68.0 27.8 0.7 4,076.8 Credit Risk-Relevant Portfolio by Rating Category as at 30 June 2026 EUR m Rating 1 Rating 2 Rating 3 Rating 4 Rating 5 No Rating Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 385.1 0.4 0.0 0.0 0.0 0.0 385.6 Receivables from banks 0.6 75.0 0.0 0.0 0.0 0.0 75.6 Receivables from customers Mortgage loans 0.0 0.0 1,672.6 16.6 3.6 0.0 1,692.8 Consumer loans 0.0 0.0 298.2 49.2 21.3 0.0 368.7 Current accounts 0.0 0.0 12.3 5.3 4.9 0.0 22.6 Investments Recognised at amortised cost 1,115.4 335.5 0.0 0.0 0.0 0.0 1,450.9 Other clearing receivables 0.0 0.0 0.0 0.0 0.0 0.1 0.1 SUBTOTAL 1,501.1 410.9 1,983.2 71.1 29.8 0.1 3,996.3 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.0 0.0 0.8 0.1 0.0 0.0 0.9 Loan commitments not yet drawn 0.0 0.0 5.3 0.1 0.0 0.0 5.4 SUBTOTAL 0.0 0.0 6.1 0.1 0.0 0.0 6.3 TOTAL 1,501.1 410.9 1,989.3 71.2 29.8 0.1 4,002.5
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50 Half-year financial report _____ 2026 – Austrian Post A breakdown of the credit risk-relevant portfolio by IFRS 9 stage is shown below: Credit Risk-Relevant Portfolio Pursuant to IFRS 9 Stage Allocation as at 31 December 2025 EUR m Stage 1 Stage 2 Stage 3 POCI Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 537.5 0.0 0.0 0.0 537.5 Receivables from banks 74.8 0.0 0.0 0.0 74.8 Receivables from customers Mortgage loans 1,620.5 28.4 3.6 0.4 1,652.9 Consumer loans 300.4 37.4 20.8 –1.2 357.3 Current accounts 9.6 5.1 4.2 0.0 18.9 Investments Recognised at amortised cost 1,426.4 0.0 0.0 0.0 1,426.4 Other clearing receivables 0.3 0.0 0.0 0.0 0.3 SUBTOTAL 3,969.4 70.9 28.6 –0.8 4,068.0 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.8 0.0 0.0 0.0 0.9 Loan commitments not yet drawn 7.9 0.0 0.0 0.0 7.9 SUBTOTAL 8.7 0.1 0.0 0.0 8.8 TOTAL 3,978.1 71.0 28.6 –0.8 4,076.8 Credit Risk-Relevant Portfolio Pursuant to IFRS 9 Stage Allocation as at 30 June 2026 EUR m Stage 1 Stage 2 Stage 3 POCI Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 385.6 0.0 0.0 0.0 385.6 Receivables from banks 75.6 0.0 0.0 0.0 75.6 Receivables from customers Mortgage loans 1,662.7 26.1 3.6 0.4 1,692.8 Consumer loans 306.7 41.1 22.1 –1.2 368.7 Current accounts 10.1 7.6 4.9 0.0 22.6 Investments Recognised at amortised cost 1,450.9 0.0 0.0 0.0 1,450.9 Other clearing receivables 0.1 0.0 0.0 0.0 0.1 SUBTOTAL 3,891.5 74.9 30.6 –0.8 3,996.3 OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.8 0.1 0.0 0.0 0.9 Loan commitments not yet drawn 5.4 0.0 0.0 0.0 5.4 SUBTOTAL 6.2 0.1 0.0 0.0 6.3 TOTAL 3,897.7 75.0 30.6 –0.8 4,002.5
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51 Consolidated Notes Konzernanhang The credit risk-relevant portfolio by rating category and default risk category can be summarised as follows: Credit Risk-Relevant Portfolio by Rating Category and Default Risk Category as at 31 December 2025 EUR m Stage 1 Stage 2 Stage 3 POCI Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Rating 1 1,592.3 0.0 0.0 0.0 1,592.3 Rating 2 446.4 0.0 0.0 0.0 446.4 Rating 3 1,914.6 27.0 0.0 0.1 1,941.7 Rating 4 24.6 43.6 0.0 –0.1 68.0 Rating 5 0.0 0.0 28.6 –0.8 27.8 No Rating 0.3 0.4 0.0 0.0 0.7 TOTAL 3,978.1 71.0 28.6 –0.8 4,076.8 Credit Risk-Relevant Portfolio by Rating Category and Default Risk Category as at 30 June 2026 EUR m Stage 1 Stage 2 Stage 3 POCI Total gross carrying amount CREDIT RISK -RELEVANT PORTFOLIO Rating 1 1,501.1 0.0 0.0 0.0 1,501.1 Rating 2 410.9 0.0 0.0 0.0 410.9 Rating 3 1,957.8 31.5 0.0 0.1 1,989.3 Rating 4 27.8 43.5 0.0 –0.1 71.2 Rating 5 0.0 0.0 30.6 –0.8 29.8 No Rating 0.1 0.0 0.0 0.0 0.1 TOTAL 3,897.7 75.0 30.6 –0.8 4,002.5 Collateral The following collateral is available in the first half of 2026 in the form of mortgages for mortgage loans as well as for credit risks from loan commitments not yet drawn down:
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52 Half-year financial report _____ 2026 – Austrian Post Collateral in the Form of Mortgages EUR m 31 December 2025 30 June 2026 CREDIT RISK -RELEVANT PORTFOLIO Receivables from banks 98.8 97.5 Receivables from customers Mortgage loans 1,661.9 1,698.7 SUBTOTAL 1,760.6 1,796.2 OFF -BALANCE ITEMS Loan commitments not yet drawn 6.5 4.1 SUBTOTAL 6.5 4.1 TOTAL 1,767.1 1,800.3 Non-Performing Portfolio All receivables categorised as defaulted are grouped in the non-performing portfolio. The non-performing portfolio as at 31 December 2025 and 30 June 2026 is as follows: Non-Performing Portfolio as at 31 December 2025 EUR m Gross carrying amount total NPL Impairment loss NPL Collateral NPL NPE ratio NPE coverage ratio NPE collateral ratio CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 537.5 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % Receivables from banks 74.8 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % Receivables from customers Mortgage loans 1,652.9 3.6 0.3 3.6 0.2 % 9.7 % 99.3 % Consumer loans 357.3 20.0 15.7 0.0 5.6 % 78.3 % 0.0 % Current accounts 18.9 4.2 3.4 0.0 22.0 % 80.6 % 0.0 % Investments Recognised at amortised cost 1,426.4 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % Other clearing receivables 0.3 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % SUBTOTAL 4,068.0 27.8 19.4 3.6 0.7 % 69.7 % 12.9 % OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.9 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % Loan commitments not yet drawn 7.9 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % SUBTOTAL 8.8 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % TOTAL 4,076.8 27.8 19.4 3.6 0.7 % 69.7 % 12.9 %
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53 Consolidated Notes Konzernanhang Non-Performing Portfolio as at 30 June 2026 EUR m Gross carrying amount total NPL Impairment loss NPL Collateral NPL NPE ratio NPE coverage ratio NPE collateral ratio CREDIT RISK -RELEVANT PORTFOLIO Central bank balances and other sight deposits 385.6 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % Receivables from banks 75.6 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % Receivables from customers Mortgage loans 1,692.8 3.6 0.4 3.3 0.2 % 11.9 % 93.4 % Consumer loans 368.7 21.3 16.6 0.0 5.8 % 77.6 % 0.0 % Current accounts 22.6 4.9 3.6 0.0 21.8 % 72.6 % 0.0 % Investments Recognised at amortised cost 1,450.9 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % Other clearing receivables 0.1 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % SUBTOTAL 3,996.3 29.8 20.6 3.3 0.7 % 68.9 % 11.2 % OFF -BALANCE ITEMS Liabilities from financial guarantee contracts 0.9 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % Loan commitments not yet drawn 5.4 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % SUBTOTAL 6.3 0.0 0.0 0.0 0.0 % 0.0 % 0.0 % TOTAL 4,002.5 29.8 20.6 3.3 0.7 % 68.9 % 11.2 % The non-performing exposure ratio (NPE ratio) represents the share of the non-per- forming portfolio in relation to the total gross carrying amount of the credit risk-relevant port- folio. The NPE coverage ratio reflects the share of impairment losses for the non-performing portfolio in relation to the gross carrying amount of the non-performing portfolio. The NPE col- lateralisation ratio, on the other hand, shows the collateral for non-performing loans as a per- centage of the total non-performing portfolio. Impairment losses The following table shows the development in impairment losses on the credit risk-relevant portfolio: Development on Impairment Losses on the Credit Risk -Relevant Portfolio EUR m Stage 1 Stage 2 Stage 3 POCI Total Balance as at 1 January 2025 4.2 7.1 18.4 –2.2 27.5 Reclassification –0.1 –1.0 1.0 0.0 0.0 Additions - new acquisitions 0.6 0.0 0.0 0.0 0.6 Derecognition –0.2 –0.3 –0.7 0.3 –0.9 Revaluation –0.6 2.0 2.0 –0.5 2.9 Utilisation 0.0 0.0 –0.4 0.0 –0.4 Balance as at 30 June 2025 3.9 7.8 20.3 –2.3 29.7
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54 Half-year financial report _____ 2026 – Austrian Post EUR m Stage 1 Stage 2 Stage 3 POCI Total Balance as at 1 January 2026 4.2 7.3 19.3 –2.3 28.4 Reclassification 0.0 –1.0 1.1 0.0 0.0 Additions - new acquisitions 0.8 0.0 0.0 0.0 0.8 Derecognition –0.2 –0.2 –0.4 0.3 –0.5 Revaluation –0.5 1.4 2.6 –0.1 3.5 Utilisation 0.0 0.0 –2.0 0.0 –2.0 Balance as at 30 June 2026 4.3 7.5 20.5 –2.1 30.1 The impairment losses for material credit risk positions are reconciled as follows: Development in Impairment Losses – Mortgage Loans EUR m Stage 1 Stage 2 Stage 3 POCI Total Balance as at 1 January 2025 1.0 0.6 0.2 –0.1 1.7 Reclassification 0.0 –0.1 0.1 0.0 0.0 Derecognition 0.0 0.0 0.0 0.0 –0.1 Revaluation –0.1 0.7 0.1 0.0 0.7 Balance as at 30 June 2025 1.0 1.2 0.3 –0.1 2.4 EUR m Stage 1 Stage 2 Stage 3 POCI Total Balance as at 1 January 2026 1.1 1.2 0.3 –0.1 2.6 Reclassification 0.1 –0.1 0.1 0.0 0.0 Derecognition 0.0 –0.1 –0.1 0.0 –0.1 Revaluation –0.1 0.1 0.1 0.0 0.1 Balance as at 30 June 2026 1.1 1.0 0.4 –0.1 2.5 Development in Impairment Losses – Consumer Loans EUR m Stage 1 Stage 2 Stage 3 POCI Total Balance as at 1 January 2025 2.8 6.4 15.2 –2.1 22.2 Reclassification –0.1 –0.8 0.9 0.0 0.0 Additions - new acquisitions 0.5 0.0 0.0 0.0 0.5 Derecognition –0.2 –0.3 –0.5 0.3 –0.6 Revaluation –0.5 1.2 1.1 –0.5 1.3 Balance as at 30 June 2025 2.6 6.5 16.7 –2.3 23.4
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55 Consolidated Notes Konzernanhang EUR m Stage 1 Stage 2 Stage 3 POCI Total Balance as at 1 January 2026 2.7 5.9 15.6 –2.3 21.9 Reclassification –0.1 –0.8 0.9 0.0 0.0 Additions - new acquisitions 0.7 0.0 0.0 0.0 0.7 Derecognition –0.1 –0.2 –0.3 0.3 –0.3 Revaluation –0.4 1.3 2.1 –0.1 2.9 Utilisation 0.0 0.0 –1.8 0.0 –1.7 Balance as at 30 June 2026 2.8 6.2 16.5 –2.1 23.4 9.2.2 LIQUIDIT Y RISK The following tables show the liquidity coverage ratio (LCR) and the net stable funding ratio (NSFR) as at 30 June 2026: Liquidity Coverage Ratio EUR m 31 December 2025 30 June 2026 Liquidity buffer 1,816.3 1,692.6 Net outflow of liquidity 210.8 214.0 LIQUIDITY COVERAGE RATIO 861.6 % 790.9 % Composition of the Liquidity Buffer EUR m 31 December 2025 30 June 2026 Central bank balances less minimum reserve 46.5 348.3 Cash 501.7 85.8 Eligible investments 1,268.0 1,258.6 LIQUIDITY BUFFER 1,816.3 1,692.6 Net Stable Funding Ratio EUR m 31 December 2025 30 June 2026 Stable financing available 3,883.0 3,806.3 Stable financing required 1,695.8 1,740.6 NET STABLE FUNDING RATIO 229.0 % 218.7 % 9.2.3 MARKET RISK In the context of the banking business, market risks arise, for example with respect to interest rate risks. In order to limit the interest rate risks, a large proportion of the fixed-inter- est items are hedged by concluding interest rate swaps (hedge accounting).
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56 Half-year financial report _____ 2026 – Austrian Post As at 31 December 2025 and 30 June 2026, the Value at Risk (VaR) is as follows: Value at Risk – EVE EUR m 31 December 2025 30 June 2026 VaR EVE –39.4 –34.3 10. Information on the Consolidated Cash Flow Statement Reconciliation of the cash and cash equivalents The reconciliation of the cash and cash equivalents reported in the consolidated cash flow statement to the cash and cash equiv- alents as shown in the consolidated balance sheet can be carried out as follows: EUR m 31 December 2025 30 June 2026 CASH AND CASH EQUIVALENTS 737.9 545.8 Financial assets from financial services 583.8 471.3 Cash, cash equivalents and central bank balances 583.8 471.3 CASH AND CASH EQUIVALENTS 154.1 74.5 Financial assets/liabilities from financial services The items Financial assets/Liabili- ties from financial services in the consolidated cash flow statement sum up the changes in the deposit and investment business of bank99. The cash-effective change in the first half-year 2026 mainly results from the decline in the deposit business and thus a reduction of financial liabilities from financial services as well as the increase in the lending business with the oppo- site effect. 11. Events After the Reporting Period Events after the reporting date that are material for accounting and valuation on the balance sheet date as at 30 June 2026 were included in the interim consolidated financial statements. The signing of the transaction in which Austrian Post acquired a 100% stake in the Ser- bian parcel service provider D Express d.o.o. took place on 15 July 2026. The company head- quartered in Belgrade offers postal and logistics services. On the basis of this acquisition, Aus- trian Post Group intends to leverage synergies with its subsidiary City Express d.o.o., also lo- cated in Belgrade, and strengthen its market position in Southeast and Eastern Europe (CEE/SEE). The closing is expected in the second half of 2026, subject to regulatory approval by the competent authorities. There were no other reportable events after the balance sheet date.
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57 Consolidated Notes Konzernanhang Vienna, 29 July 2026 The Management Board WALTER OBLIN CEO Chairman of the Management Board PETER UMUNDUM Deputy CEO Parcel & Logistics (COO) BARBARA POTISK-EIBENSTEINER Member of the Management Board Finance (CFO)
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58 Half-year financial report _____ 2026 - Austrian Post As the legal representatives of Österreichische Post AG, we declare, to the best of our knowledge, that the condensed consolidated interim financial statements as at 30 June 2026, which were prepared in accordance with the applicable financial reporting standards, present a fair and accurate picture of the assets, financial and earnings position of the Group, and that the Group management report for the first half year 2026 presents the business performance, results and situation of the Group such that a fair and accurate picture of the assets, financial and earnings position of the Group with respect to the most important events occurring during the first six months of the financial year and its impacts on the condensed consolidated interim financial statements as at 30 June 2026 and also describes the fundamental risks and uncer- tainties to which the Group is exposed for the remaining six months of the financial year and of the major related party transactions to be disclosed. Vienna, 29 July 2026 The Management Board WALTER OBLIN CEO Chairman of the Management Board PETER UMUNDUM Deputy CEO Parcel & Logistics (COO) BARBARA POTISK-EIBENSTEINER Member of the Management Board Finance (CFO) Statement of Legal Representatives Pursuant to Section 125 (1) Austrian Stock Exchange Act
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59 Information Financial Calendar 2026/2027 12 November 2026 Interim report first three quarters 2026 11 March 2027 Annual Report 2026 4 April 2027 Record Date Annual General Meeting 2027 14 April 2027 Annual General Meeting 2027, Location: Vienna 23 April 2027 Ex-date (dividend) 26 April 2027 Record Date (determination of entitled stocks in connection with dividend payments) 28 April 2027 Dividend payment day 12 May 2027 Interim report for the first quarter of 2027 12 August 2027 Half-year financial report 2027 11 November 2027 Interim report first three quarters 2027 160% 130% Development of the Share Price 12 Month Comparison —Sep —Oct—July 2025 —Aug —Nov —Dec —Jan 2026 —Feb —Mar —Apr —May —Jun Austrian Post Total Shareholder Return (+8.5%) Austrian Post Price (+2.5%) EURO STOXX Total Market Industrial Transportation (+45.9%) ATX (+19.4%) Austrian Post EUR 30.25 Austrian Post EUR 31.00 EUR 110% 140% 80% 120% 90% 100% 150%
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60 Half-year financial report _____ 2026 - Austrian Post Imprint Media Owner and Publisher Österreichische Post AG Rochusplatz 1, 1030 Wien T: +43 (0) 577 67 0 FN: 180219d, Commercial Court of Vienna Typesetting and Production In-house produced with firesys Concept Berichtsmanufaktur GmbH, Hamburg We have prepared this report and checked the figures with the greatest possible care. Nevertheless, rounding, typographical and printing errors cannot be excluded. The aggregation of rounded amounts and percentages may result in rounding differences due to the use of au- tomated computational aids. This Financial Report also contains forward-looking statements based on the information currently available to us. These are usually indicated by expressions such as “expect”, “anticipate”, “estimate”, “plan” or “calculate”. We wish to note that a wide variety of factors could cause actual circumstances – and thus actual results – to devi- ate from the forecasts contained in this report. This Financial Report is also available in German. In case of doubt, the German version takes precedence. Editorial deadline: 6 August 2026 Contact Investor Relations, Group Internal Audit & Compliance Harald Hagenauer T: +43 (0) 577 67 30400 E: investor@post.at I: post.at/investor Corporate Communications Manuela Bruck T: +43 (0) 577 67 21897 E: unternehmenskommunikation@post.at I: post.at/presse Austrian Post on the internet post.at
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post.at / investor