Slides
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The equity story of CEOTRONICS AG
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Communication under all conditions. CEOTRONICS develops and produces highly specialized communication systems that ensure secure communication even under the most adverse environmental conditions. For the people who matter. And for the situations when it counts. When it counts. Mission
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CEOTRONICS | January 5, 2026 The CEOTRONICS AG When it counts Trouble-free communication ensures smooth processes in police, fire, rescue and defense operations or in industry and saves lives in an emergency. This is why CEOTRONICS AG was founded: To develop communication solutions for the people who matter. And for the situations when it matters. For example, in very noisy environments, when wearing protective equipment or when operating several communication media at the same time. (As of May 31, 2025) Rödermark Headquarter near Frankfurt am Main Made in Germany 94% German Content 3 Subsidiaries 55.8 million euros Turnover 143 Employees International Sales structure Foundation 1985 IPO 1998 4.7 million euros Profit after tax YEARS
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CEOTRONICS | January 5, 2026 Research & further information CEOTRONICS AG Montega AG, 05/01/2025: • Price target: €17.00 • Valuation result: Buy BankM AG, 18/12/2025: • Price target : €17.92 • Valuation result: Buy • Share (Open Market, Basic Board; WKN 540740; XETRA) • Dividend per share in 2025: €0.20 per share
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CEOTRONICS | January 5, 2026 Internationally in action Made in Germany CEOTRONICS develops 100 percent of its innovative products in Germany, in its own research and development unit. All CEOTRONICS products are manufactured, programmed, and quality -tested 100 percent in Germany. German content (the German share of manufacturing costs) is 94 percent, and European content is 96.1 percent. (Status FY 2024/25 as of 31st May 2025) Distributed internationally , the products are used in countries that meet CEOTRONICS' strict compliance rules and are the focus of sales. National and international Personally present Individual advice and customer proximity have always been a matter of course for CEOTRONICS. This is ensured by the strong national sales team as well as the international area sales managers and branches in Spain and the USA. Our priority markets are in the EU, Norway, Switzerland and the USA. USA Canada Europe USA CEOTRONICS INC Spain CEOTRONICS SL Area Sales Manager, active in: Benelux France Northern Europe Austria, Poland & Southeast Europe Switzerland & Italy National Sales In all German federal states
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The reasons The success of CEOTRONICS AG CEOTRONICS | January 5, 2026 A "perfect match" for over 6 years • Superior CEOTRONICS product portfolio • More efficient production processes • Special economic situation "internal and external security" Efficient and scalable production • Software Defined Products: Consistent, pre -produceable hardware - customized, scalable software • Faster assembling of the CT -MultiPTTs and the CT-DECT Multi • Drastic reduction or outsourcing of vertical integration for these products • Machines for the production, quality control and programming of these products replace manual labor • With only 6-8 months lead time, additional production lines can be set up
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CEOTRONICS | January 5, 2026 Incoming orders German Armed Forces In action for the defense For the Bundeswehr , the cross-sectional tactical CEOTRONICS communication systems are a step towards significantly higher communication security even in critical missions. For CEOTRONICS, this will be the largest framework agreement in the company's history in April 2024. The Bundeswehr will equip up to 191,000 soldiers with multifunctional CT-MultiPTTs by 2030 as part of the milestone project " SmG". These include command PTTs (CT-MultiPTT 3C) and soldier PTTs (CT-MultiPTT 1C), as well as CT-ComLink® cables. Further information: • The guaranteed purchase volume from the SmG lots “2024” and “2025” totaling 60,000 PTTs and cables has been fully delivered and invoiced by the end of 2025. • The third SmG lot “2026” comprising 50,000 systems was ordered on December 17, 2025, and will be delivered over the 2026/27 and 2027/28 fiscal years. Foto: Bundeswehr / Maximilian Schulz 2024/25 to 2027/28 approx. € 99.5 million SALES VOLUME
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CEOTRONICS | January 5, 2026 ... producing for the best Products: The best The quality, operability, flexibility and futureproofing of CEOTRONICS products with CTComLink® technology are unique. CT-ComLink® enables the perfect interaction of all system components, digital and analog. Regardless of which headset, radio or intercom system is used - whether wired or via Bluetooth: CT-ComLink® works - now and in the future. They increase work safety , boost productivity and ensure maximum efficiency. This is why customers have trusted CEOTRONICS for over 40 years. Control units Headsets DECT systems Helmet systems
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In thousand euros 2021/2022 until 2025/2026 On November 30 each year (after 6 months of the fiscal year) Sales comparison CEOTRONICS | January 5, 2026 approx. 34.200 21.153 10.833 15.39515.168 2025/262024/252023/242022/232021/22 approx. +61.7%
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In thousand euros 2021/2022 until 2025/2026 On November 30 each year (after 6 months of the fiscal year) Order backlog development CEOTRONICS | January 5, 2026 approx. 39.600 70.542 15.25214.562 17.102 2025/262024/252023/242022/232021/22 approx. -43.9%
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EBIT In thousand euros EBITDA In thousand euros 2018/2019 until 2024/2025 (as of May 31) EBITDA & EBIT comparison CEOTRONICS | January 5, 2026 7.790 2.514 3.8773.6123.241 2.503 0.608 2024/252023/242022/232021/222020/212019/202018/19 +209.9% +209.9% 9.409 3.891 5.267 4.825 4.333 3.343 1.133 2024/252023/242022/232021/222020/212019/202018/19 +141.8%
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CEOTRONICS Group, after tax In thousand euros CEOTRONICS Group, before tax In thousand euros 2018/2019 until 2024/2025 (as of May 31) Comparison of results CEOTRONICS | January 5, 2026 6.935 1.930 3.6143.445 3.084 2.261 0.418 2024/252023/242022/232021/222020/212019/202018/19 +259.3% 4.739 1.250 2.5292.506 2.099 1.635 -0.318 2024/252023/242022/232021/222020/212019/202018/19 +279.1%
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CEOTRONICS | January 5, 2026 Extreme positive business development Sales outlook 2025/26 In thousand euros Earnings outlook 2025/26 In thousand euros, after tax approx. 56.00055.795 2025/262024/25 • Group turnover: €55.8 million (+88.3%) • Group turnover per EE (FTE): €423 thousand (+80.0%) • Group earnings after tax: €4.7 million ( +279.1%) • Group return on sales after tax: 8.5% (previous year: 4.2%) • Very high order backlog: €60.1 million Preliminary half-year figures: 2025/2026 • Consolidated revenue: approx. €34.2 million (approx. +61.5%) • Consolidated order backlog: approx. €39.6 million (approx. -43.9%) • Order income: approx. €13,2 million (approx. -33.5%) • Revenue and earnings targets for fiscal year 2025/2026 confirmed. Positive market environment favors medium-term revenue target of €65 million. approx. 5.3004.739 2025/262024/25 Return on sales outlook, after tax: approx. 9.5% approx.+11.8% Fiscal year 2024/2025
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CEOTRONICS | January 5, 2026 Our vision65 Ca. +11,8% • The entire mission -critical communications industry anticipates a sustained increase in investment in internal and external security. • The new medium -term NATO target of 5% of GDP is conducive to this. • The new German special funds for retrofitting and infrastructure promote investment capacity. • The desire for faster and simpler procurement procedures is supported by the draft law passed by the cabinet on July 23, 2025, proposed by the Federal Ministry for Economic Affairs and Energy and the Federal Ministry of Defense. • Defense spending is expected to rise to €108.2 billion in the coming year (2025: €86.35 billion). • The recently decided decoupling of personnel, material, and infrastructure could lead to a significant increase in the demand for speech sets with hearing protection from 191,000 to approximately 260,000 to approximately 460,000. Contracts for other personal protective equipment, such as vests, have already been increased. • The EU Commission's Readiness Plan 2030 “ ReArm Europe” is intended to promote the defense capabilities of EU countries with up to € 800 billion. These are the foundations for satisfying all stakeholders with correspondingly high positive results in the coming fiscal years. Our vision is that CEOTRONICS will have advanced to the revenue region of approximately €65 million in the medium to long term. for the subsequent financial years of CEOTRONICS AG
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Legal Disclaimer CEOTRONICS | January 5, 2026 This presentation contains forward-looking statements based on the current expectations, estimates, forecasts, and assumptions of the management of CEOTRONICS AG. Such statements involve known and unknown risks and uncertainties as well as other factors that could cause actual results, performance, or developments to differ materially from those expressed or implied in these statements. This presentation is provided for informational purposes only and does not constitute or form part of an offer or invitation to sell or issue, or any solicitation of an offer to purchase or subscribe for, any securities of CEOTRONICS AG . It does not constitute the basis of any contract or commitment and should not be relied upon as a substitute for independent analysis or individual investment advice. All information, projections, and forward-looking statements contained herein reflect the information available at the time of preparation. CEOTRONICS AG undertakes no obligation to publicly update or revise any forward-looking statements or other content of this presentation unless legally required to do so. This presentation and its contents may not be reproduced without the prior written consent of CEOTRONICS AG. © CEOTRONICS AG, 2025. We reserve the right to make changes, errors and rights.