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Accelerated Al transformation Analyst and Investor Call I 10 August 2026 Thies Rixen , CEO I Nora Wolters , CFO Qq.beyond
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Disclaimer This presentation contains forward-looking statements based on management estimates and reflects the current views of q.beyond AG’s (“q.beyond’s”) management board with respect to future events. These forward-looking statements correspond to the situation at the time this presentation was prepared. Such statements are subject to risks and uncertainties, which q.beyond is mostly unable to influence. These risks and uncertainties are covered in detail within the risk report section in our financial reporting. Although the forward-looking statements are made with great care, their correctness cannot be guaranteed. Actual results may therefore deviate from the expected results described here. q.beyond does not intend to adjust or update any forward-looking statements after publication of the presentation.
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Status quo: Striking progress with AI, weak demand from SMEs
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q.beyond4 Adjusted EBITDA at previous year’s level 2.5* Q2 2025: 2.7 € million EBITDA 0.0* Q2 2025: 0.0 Net income 43.0 Q2 2025: 44.4 Revenues * Excluding provision of € 0.9 million for transformation.
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Q4 2026: q.beyond expects usual spike in Q4 revenues and earnings q.beyond5 New orders rise despite massive reluctance to invest New orders Q2 2025 € million Q2 2026 20.6 18.4 +12% 2026: After realignment sales funnel now > € 200 million 2025: Revenues fall short of potential
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6 q.beyond Start of external marketing of automated AI workflows 300 workflows already automated with AI; further 1,000 workflows in development Input saved to date: > 6,000 hours per month (equal to nearly 40 FTEs) Employees start to integrate AI agents into their daily work “AI first” – q.beyond becomes its own first customer for far-reaching AI transformation q.beyond6 Striking advances in internal AI use Progress with AI use faster and more extensive than planned Q3 2026 Jul. 2026 Q1 2026 Jan. 2026
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Cologne Hamburg LeipzigOberhausen Frankfurt Darmstadt Ulm AugsburgSevilla Jerez de la Frontera USA Spain Latvia Germany Site Headquarters Data centre Riga Charlotte Chennai India Romania Cluj-Napoca A milestone in AI transformation: New AI-assisted 24/7 service centre in Romania 24/7 support with approx. 50 employees by end of 2026 Estimated savings > € 1 million p.a. from 2027 onwards AI services allow output to be boosted by 25% with unchanged team Romania will also contribute to SAP support and growth in healthcare 7 q.beyond Optimised service for AI era
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One-off investment of € 5-6 million in 2026 8 q.beyond AI productivity exceeds expectations (1/2) Internal AI efficiency of more than 10% in Managed Services “AI first” company can be operated with a smaller workforce AI agents help to speed up and simplify the entire operating business q.beyond
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9 q.beyond AI productivity exceeds expectations (2/2) In H2 2026, q.beyond will adjust the organisation and reduce the workforce, especially in Managed Services and administration estimated costs € 5million estimated savings H2 2026 From 2027 onwards € 7million q.beyond
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2026e new 2026e 182--190 10 q.beyond New outlook reflects accelerated transformation 2026e new 2026e Revenues (€m) EBITDA (€m) 176 --180 10 --16 + Sustainably positive consolidated net income (from 2027) + Sustainably positive free cashflow (from 2027) 3 --7
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Q2 2026: Focus on consult- to-operate model is paying off
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q.beyond12 Ongoing growth in Consulting 43.0 44.4 Q2 2025 Q2 2026 Relevant factors: + High share of recurring revenues (71%) + Concentration on five focus sectors (68%) + Rising new orders and impressive sales funnel – Weak demand from SMEs for Managed Services € million Consulting+5% Managed Services
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q.beyond13 Strong margin in Consulting Revenues: Q2 2026: € 16.0 million Q2 2025: € 15.2 million Gross profit Relevant factors: + Improved team capacity utilisation + Higher demand for AI consulting + Rising demand for S/4HANA transition + High-margin one-off licence revenues Q2 2025 Margin 26% Margin 15% 4.2 € million 2.3 Q2 2026
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q.beyond14 Managed Services impacted by weak demand from SMEs 5.1 6.5 Revenues: Q2 2026: € 27.0 million Q2 2025: € 29.2 million Q2 2025 Q2 2026 € million Gross profit* Relevant factors: – AI investments start to impact gross profit – Effects of subdued new business – Sluggish economy necessitates price adjustments for existing customers + Increasing use of AI helps to raise efficiency Margin 19% Margin 22% * Gross profit before one-off provision.
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q.beyond15 Earnings impacted by transformation costs € million Q2 2025 Q2 2026 Revenues 44.4 43.0 Cost of revenues (35.7) (34.6) Gross profit 8.7 8.4 Sales and marketing expenses (2.9) (3.7) General and administrative expenses (3.9) (3.4) Other operating result 0.8 0.2 EBITDA 2.7 1.6 Depreciation and amortisation (2.6) (2.4) EBIT 0.2 (0.9) Financial result 0.0 0.0 Taxes (0.3) (0.1) Consolidated net income 0.0 (0.9) < incl. provision for first stage of AI transformation (Romania) < EBITDA excluding provision (€ 0.9 m) close to 2025 figure
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q.beyond16 High net liquidity creates financial flexibility 41.0 42.0 31/12/2025 30/06/2026 € million Relevant factors: + Net liquidity corresponds to € 1.65 per share – Payment of variable remuneration (€ 3.9 million) in Q2 2026 – Free cash flow of € -1.6 million in Q2 2026 - Q3 2026 liquidity will be affected by GITG acquisition
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17 Accelerated AI transformation drives profitable growth
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3. Internationalisation • Developing nearshore locations into international sales hubs • Leveraging dedicated portfolio and sales capabilities • Reducing dependence on German market Driving top line 18 2028 Strategy: Focus on AI in H2 2026 q.beyond 1. Sector focus • Strengthening market leadership in Logistics and Retail • Advancing into new industries such as Healthcare & Energy • Leveraging structural macro- trends Driving margin 2028 Strategy 2. Enabling AI • Making the potential of AI tangible by combining sector expertise with AI competence • Linking AI expertise with physical infrastructure • Exploiting German data centre sovereignty Reinforcing portfolio and driving internal efficiencies
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Key metrics of our new subsidiary (51%) 19 1. Sector focus: GITG acquisition q.beyond 1 2 3 4 Market disruption: SAP is discontinuing the IS-H industry solution (2027/2030). More than 500 hospitals across Germany/Austria/ Switzerland set to lose their core patient management and billing system The asset: GITG offers GS-H, a turnkey successor solution based on S/4HANA. SAP is discontinuing the IS-H industry solution (2027/2030). GITG will act as revenue enabler. The company: An experienced team + a blue-chip customer base + GS-H, the IP for the hospital standard within the SAP ecosystem Fast-track verticalisation: q.beyond to enter a new, resilient sector without years of organic build-up ~40 specialist employees 20+ years of expertise GS-H (own IP) Successor solution on S/4HANA Platform Germany/Austria/ Switzerland Geographic coverage Sector focus
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20 2. Client AI portfolio is growing q.beyond Enabling AI Private Enterprise AI The sovereign AI platform • Private, local, made in Germany — 100% data sovereignty • Platform, consulting, services, training & GPU as a Service Managed AI workflows Managed workflow automation (n8n) • Dedicated n8n, SLA-backed 24/7 operations — German data centre • The first building block towards becoming the AI Orchestrator Orchestrator platform The operating layer for production AI • Agent proxy: one control point for all production AI traffic • Compliance, cost, availability & quality across every agent AI Act as a Service A unique tool to handle regulation • Companies obtain risk classification for their AI deployment • New service is bookable online and can be drawn on without any prior integration LIVE | since 2025 READY TO SELL | go-to-market now IN DEVELOPMENT | marketing starts in Q4 2026 LIVE | since 2026
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Cologne Hamburg LeipzigOberhausen Frankfurt Darmstadt Ulm AugsburgSevilla Jerez de la Frontera USA Spain Latvia Germany Site Headquarters Data centre Riga Charlotte Chennai India Romania Cluj-Napoca 21 q.beyond 3. Internationalisation: Set up of ITH in Romania 3% 12/22 12/23 12/24 12/25 medium- term 11% 14% 40%Nearshoring and offshoring quota 20% Internationalisation
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22 Integral part of 2028 Strategy: Optimised capital deployment q.beyond Starting end of Aug. 17/08/ 2026 17/02/ 2026 30/01/ 2026 Annual General Meeting has permitted management to buy up to 10% of issued capital corresponding to almost € 2.5 million q.beyond shares. Net liquidity of € 41.0 million provides a solid basis for action Possibility to execute share buybacks subject to decisions to be taken by the Management and Supervisory Boards Statutory six-month waiting period ends Entry of the capital reduction in the Commercial Register Orderly capital reduction created the key condition for enabling shareholders to participate in the company’s performance in future
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23 q.beyond 2028 Strategy: Goals unchanged, AI impact even greater Organic growth: Thanks to internationalisation and recovery of German economy AI operating partner: Creates market- driven opportunity for upside profitable revenues M&A strategy: Systematic external expansion supplements organic momentum > GITG as first milestone
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Questions & Answers
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q.beyond AG Arne Thull Head of Investor Relations/M&A T +49 221 669-8724 M +49 163 669-8425 invest@qbeyond.de www.qbeyond.de www.qbeyond.de/linkedin www.qbeyond.de/xing www.qbeyond.de/facebook www.qbeyond.de/instagram www.qbeyond.de/youtube Contact
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Excellence in all we do.