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BASLER 6 - Months Report 2026 August 5th , 2026 Hardy Mehl | CEO Ines Brückel | CFO 0
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Public | © Basler AG 2 Disclaimer This document includes forward looking statements on Basler AG, its subsidiaries and associates („Group“), and on the economic, political and/or legal conditions that may influence the business performance of Basler AG. These forward-looking statements include, without limitation, statements relating to the Group’s business prospects, future developments, trends and conditions in the industry and geographical markets in which the Group operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, overall market trends, risk management and exchange rates. All these statements are based on views and assumptions made by the Management Board using information available to it at the time. These forward-looking statements are, by their nature, subject to significant known and unknown risks and uncertainties. Should these views or assumptions prove to be wholly or partly incorrect, or should further risks arise, actual business performance may differ from that expected. Neither the Group nor the Management Board therefore can assume any liability for the statements made. Subject to legal requirements, the Group does not intend to update or otherwise revise such forward looking statements, whether as a result of new information, future events or otherwise.
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Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
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Public | © Basler AG 4 Executive Summary Market Environment HY1 2026 German Industry for Vision Components: Bookings yoy +25 %, billings yoy +9 % (VDMA*) ▪ Broader market recovery in many verticals. Manufacturing PMIs for investment goods above 50 with positive trends ▪ Strong market development in semicon, consumer electronics, logistics and data center hardware production ▪ Ongoing high competition intensity, especially in China and Asia Pacific ▪ Uncertain US tariff situation. GeopoIitical frictions rising but so far, no direct impact on vision industry ▪ SUPPLY: Earthquake in Japan creates temporary disruptions affecting supply chains. In general, lead times and supply bottlenecks rising ▪ FX: Positive impact from USD and CNY development. Headwind from KRW and Yen - devaluation against EUR *Source: VDMA Jan. – June 2026; nominal values
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Public | © Basler AG 5 Executive Summary Basler Situation HY1 2026 HY1 2026 vs. HY1 2025: Bookings yoy +59 %, billings yoy +36 % ▪ Basler clearly outperformed the industry ▪ Strong order momentum accelerated in Q2. Positive book- to-bill ratio fuels good start into Q3 ▪ Very good business momentum in all regions. Strongest growth region China ▪ Gross Profit Margin improvement to 51.6 % (PY adj.: 46.6 %) ▪ EBIT almost quadrupled to € 31.1 mill. (PY adj: € 8.6 mill.); EBIT Margin 20.4 % (PY adj.: 7.7 %) ▪ Free Cashflow of € 12.9 mill. (PY adj.: € 2.3 mill.) ▪ No impact on the business from the Iran war so far. Expected impact on production from earthquake in Japan during Sep and Oct
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Public | © Basler AG 6 FTEs e/o HY1 2025 823 15 % Administration 24 % Operations 37 % Sales & Marketing 24 % R&D FTEs e/o HY1 2026 842 16 % Administration 23 % Operations 38 % Sales & Marketing 23 % R&D R&D gross quota from sales (adj.): 13.3 % R&D gross quota from sales: 9.5 % Executive Summary Team
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Public | © Basler AG 7 TDI Vision System Stereo mini GMSL Vision System Basler Vision Simulator NVIDIA GTC, San Jose, USA March 16 – 19, 2026 LogiMat, Stuttgart March 24 – 26, 2026 Vision China, Shanghai March 25 – 27, 2026 Executive Summary – Product update New products launches HY1 2026 7 We have launched 2025 the following products on the market:
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Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
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Public | © Basler AG 11 6 7 4 2 Financials Total Sales and Distribution by Region Global Organization Headquarters, Germany U.S Taiwan Singapore China Korea Japan India Italy France Sales Offices 1 2 3 4 5 6 7 8 19 % (PY: 23 %) Americas 28 % (PY: 30 %) EMEA 24 % (PY: 23 %) Asia 9 3 5 910 1 TOTAL € 152.4 mill. 10 829 % (PY: 25 %) China
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Public | © Basler AG 12 Bookings +59 % yoy ; billings +36 % yoy Financials Bookings and Billings 52.1 61.2 58.5 65.3 85.6 94.4 59.5 52.2 56.3 56.5 77.3 75.0 Q1 2025 Q2 Q3 Q4 Q1 2026 Q2 Incoming Orders mill. € Sales mill. €
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Public | © Basler AG 13 Financials Gross Profit and Gross Margin 28.2 23.8 27.3 27.1 39.8 38.8 47.5 45.6 48.4 48.0 51.5 51.6 0.0 10.0 20.0 30.0 40.0 50.0 Q1 2025 Q2 Q3 Q4 Q1 2026 Q2 Gross Profit mill. € (adj. in 2025) Gross Margin % (adj. in 2025)
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Public | © Basler AG 14 Financials EBIT and EBIT Margin 6.2 2.5 5.8 3.2 17.6 13.5 10.5 4.8 10.3 5.6 22.7 18.0 -30.0 -20.0 -10.0 0.0 10.0 20.0 0.0 5.0 10.0 15.0 20.0 25.0 Q1 2025 Q2 Q3 Q4 Q1 2026 Q2 EBIT mill. € (adj. in 2025) EBIT Margin % (adj. in 2025)
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Public | © Basler AG 15 Financials P&L HY1 2026 vs. HY1 2025 (in € mill.*) *unless otherwise stated P&L in € mill.* HY1 2026 HY1 2025 (adj.) +/- Incoming Orders 180.0 113.3 59 % Revenue 152.4 111.7 36 % Gross Profit Margin 51.6 % 46.6 % 5.0 Pp. EBITDA 37.9 16.9 >100 % EBIT 31.1 8.6 >100 % EBIT Margin 20.4 % 7.7 % 12.7 Pp. Net Income 23.6 6.4 >100 % EPS in € 0.77 0.21 >100 %
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Public | © Basler AG 16 Financials Free Cashflow *adj., pro forma: Q2-Q4 2025 figures are derived on an indicative basis **excluding foreign exchange effects 1.5 7.0 11.5 10.1 7.6 9.0 -2.7 -2.7 -2.0 -2.6 -2.8 -1.0-1.8 4.1 9.7 6.6 4.8 8.2 Q1 2025 Q2 Q3 Q4 Q1 2026 Q2 OCF mill. € (adj. in 2025), pro-forma* ICF mill. € (adj. in 2025), pro-forma* FCF mill. € (adj. in 2025), pro-forma*/ **
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Public | © Basler AG 17 Financials Liquidity and Cashflow (in € mill.) Cash Flow in € mill. HY1 2026 HY1 2025 (adj.) +/- Cash b/o period (1st of January) 29.0 21.3 36 % Cashflow from Operations 16.6 8.5 96 % Cashflow from Investments -3.8 -5.4 29 % Exchange rate effects cash holdings 0.2 -0.8 >100 % Free Cashflow 12.9 2.3 >100 % Cashflow from Financing -11.8 -4.7 <100 % Cash e/o period 30.2 18.9 60 % Net Cash in € mill. HY1 2026 12/31/2025 +/- Liabilities to banks -40.6 -46.5 13 % Cash and Cash equivalents 30.2 29.0 4 % Net Debts (w/o leasing) -10.4 -17.5 41 %
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Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
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Public | © Basler AG 19 Share Basler Shareholder Structure *as of 06/30/2026
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Public | © Basler AG 20 Share Basler Share versus TecDax 2026 € 28.25 closing price on June 30, 2026 € 15.32 opening price on January 2, 2026 € 26.80 opening price on August 5th 50.00 100.00 150.00 200.00 250.00 2025-12-30 2026-02-28 2026-04-30 2026-06-30 Basler AG Performance Germany TECDAX (TR) Performance
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Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
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Public | © Basler AG 22 Outlook 2026 Assumptions We expect the computer vision market to develop… ▪ Broader industry recovery to continue with high growth in semicon, consumer electronics, data center hardware and logistics applications ▪ Trade and geopolitical conflicts to rise. Combined with the Middle East conflict makes HY2 difficult to predict ▪ Currency volatility with continuing weakness of KRW, JPY against EUR ▪ Supply chains are tightening. Earthquake effects in Kumamoto will shorten sensor supply in Q3 ▪ Competitive intensity to stay high, especially in China and Asia Pacific
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Public | © Basler AG 23 Outlook Forecast 2026 Under these assumptions we increase again our guidance for 2026: Revenue: € 270 – 290 mill. (before € 247 – 270 mill.) EBIT Margin: 12.5 % - 14.5 % (before 9.5 % - 13.0 %)
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Public | © Basler AG 24 Outlook Financial Mid-term Plan Assumptions: ▪ Computer vision market will grow again – mid to high single digit long-term CAGR expected ▪ Successful execution of Basler’s strategy to address a bigger market ▪ Market recovery begins 2026 at the latest ▪ Access to China market remains*Cash Conversion Rate FCF/EAT (excl. M&A transactions) >13 % EBIT margin ~15 % CAGR € 275 mill. Revenue 70 % CCR* 2028 Update b/o 2027
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Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
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Public | © Basler AG 26 Questions & Answers Phone +49 4102 463 0 Hardy Mehl Ines Brückel ir@baslerweb.com