Slides
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RT NEBREAKER RTL Group L Interim results 2026 Journalist call 11 August 2026
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2 Agenda RTL Group interim results 2026 Financials 03 Strategy & outlook 05 0201 Highlights
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01 Highlights
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4 Highlights RTL Group delivers on transformation strategy ꟷ Sky Deutschland (DACH) acquisition closed on 1 June 2026 ꟷ Dynamic growth of streaming services; streaming businesses profitable ꟷ Streaming businesses to contribute ~€100 million to Adjusted EBITA in full year 2026 ꟷ TV advertising and audience share gains in Germany and France ꟷ Full-year Adjusted EBITA 2026 to increase to ~€725 million, in line with previous guidance ꟷ Medium-term Adjusted EBITA target of €1 billion confirmed 4
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02 Financials
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160 239 H1/2025 H1/2026 Organic growth 5.8% 8.3% Adjusted EBITA margin in € million Group revenue Adjusted EBITA Group profit +0.1% 6 61 H1/2025 H1/2026 2,781 H1/2025 2,890 H1/2026 +3.9% Key financials H1/2026 6RTL Group interim results 2026 Continuing operations Total Group profit 59 61
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Sky DACH (June) FremantleStreaming Note: 1. Without streaming and Sky DACH Adjusted EBITA development in H1/2026 7 Broadcaster1) & Other Adjusted EBITA in € million Fifa World Cup at Groupe M6 160 239 H1/ 2025 H1/ 2026 -68 +65 +21 +61 RTL Group interim results 2026 H1/2025 H1/2026
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8 Key financials: main business units in € million 1,167 H1/2025 1,296 H1/2026 +11% 17 (1.5%) H1/2025 129 (10.0%) H1/2026 >100% Revenue Adjusted EBITA (margin) RTL Deutschland in € million 633 644 H1/2025 H1/2026 +2% 110 (17.4%) H1/2025 54 (8.4%) H1/2026 -51% Revenue Groupe M6 Adjusted EBITA (margin) Fremantle in € million 905 835 H1/2025 H1/2026 -8% 39 (4.3%) H1/2025 60 (7.2%) H1/2026 +54% Revenue Adjusted EBITA (margin) 65 83 Adjusted EBITDA (margin) 7.2% 9.9% 26.3% Audience share 14 to 59, excl. Sky DACH 22.0% Audience share 25 to 49 RTL Group interim results 2026
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03 Strategy & outlook
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Creativity & Entrepreneurship People Communications & Marketing Regulation Enabler Growth 10 Strategy framework Core Alliances & partnerships Portfolio transformation AI RTL Group interim results 2026
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11 Strategy update – Core Fifa World Cup 2026 Unprecedented audience success 60m viewers in France on M6 & M6+ 20m viewers for the France vs Spain match; 2nd-highest audience ever recorded by M6 4.2m new users registered on M6+ during the World Cup 1.4bn video views in France on M6 & M6+ social media channels
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RTL Group acquired Sky Deutschland (DACH)… − Transformational move for RTL Group, bringing full-year revenue to €8 billion − Combination of RTL Deutschland and Sky Deutschland (DACH) unique proposition across free TV, pay TV, streaming highly complementary (business model, target groups, content) − Value creation: ~€250 million (run-rate) annual synergies − Unconditional approval from European Commission received; transaction closed on 1 June 2026 − ~12.4 Streaming/video subscriptions in the DACH region in million Note: Based on YouGov SVoD-Tracker Strategy update – Growth … becoming the clear #3 12RTL Group interim results 2026
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Content >€2.5bn content spend Consumer 100m people in the DACH region Free-TV Pay-TV Streaming Digital publishing Audio 47 channels 10+ magazines 31 radio stations 180 podcasts Entertainment Films & series Sports News 13 Strategy update – Growth Entertainment and information at scale RTL Group interim results 2026
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14 Strategy update – Growth M6+ RTL+ DE RTL+ HU Paid subscriptions Streaming revenue Adjusted EBITA from streaming ~9 ~100 in € million in € millionin million 0.93 H1/ 2020 2.03 3.43 0.54 4.49 0.68 5.59 0.87 6.36 H1/ 2025 1.13 7.60 H1/ 2026 2026e 5.03 6.27 7.23 8.73 +21% 31 -13 H1/ 2020 -59 -74 -89 -84 -34 H1/ 2025 H1/ 2026 2026e +65 2026e ~600–650 40 61 79 H1/ 2020 130 185 235 H1/ 2025 299 H1/ 2026 +27% RTL Group interim results 2026
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Strategy update – Growth 15 Highly diversified revenue streams H1/2026, in % Creative successes Strategic priorities By genre By customer By region By IP ownership Entertainment Drama and film Documentaries Europe USA Rest of world Format at least partially owned or IP retained Streamer Linear – Free-to-air Linear – Pay-TV Distribution & other Other 4 Oscar nominations RTL Group interim results 2026 1. Ramp-up of own IP development 2. AI deployment across the value chain 3. Focus on IP-driven small to medium-size M&A 4. Expansion into attractive new geographies and genres 5. Continued cost discipline and operating leverage
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2025 2026e old (excl. Sky DACH) 2026e new (excl. Sky DACH) Contribution Sky DACH Jun to Dec 2026 2026e new (incl. Sky DACH) Revenue €6,018m ~€6.1bn to €6.2bn ~€6.1bn to €6.2bn ~€1bn ~€7.1bn to €7.2bn Adjusted EBITA €661m ~€725m ~€725m ~€0m ~€725m Adjusted EBITA from streaming €(47)m ~€25m to €50m ~€100m N/A ~€100m Outlook 2026
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661 2025 2026e medium-term ambition ~725 ~1bn RTL Group interim results 2026 17 Accelerated transformation − Portfolio: focused on core markets − Streaming: continuous profitable growth − Sky Deutschland acquisition with ~€250m synergies − Fremantle: return to growth and further margin expansion, selected M&A − AI: significant benefits across the value chain − Strong partnerships Adjusted EBITA in € m m
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#RTLresults
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Disclaimer This presentation is not an offer or solicitation of an offer to buy or sell securities. It is furnished to you solely for your information and use at this meeting. It contains summary information only and does not purport to be comprehensive or complete, and it is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation. No representation or warranty (express or implied) is made as to, and no reliance should be placed on, any information, including projections, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein. By accepting this presentation you acknowledge that you will be solely responsible for your own assessment of the market and the market position of RTL Group S.A. (the “company”) and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the company’s business. This presentation contains certain forward-looking statements relating to the business, financial performance and results of the company and/or the industry in which the company operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words “believes”, “expects”, “predicts”, “intends”, “projects”, “plans”, “estimates”, “aims”, “foresees”, “anticipates”, “targets”, “will”, “would”, “could” and similar expressions. The forward-looking statements contained in this presentation, including assumptions, opinions and views of the company or cited from third-party sources, are solely opinions and forecasts which are uncertain and subject to risks and uncertainty because they relate to events and depend upon future circumstances that may or may not occur, many of which are beyond the company’s control. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company or any of its subsidiaries (together with the company, the “Group”) or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in general economic conditions, in particular economic conditions in core markets of the members of the Group, changes in the markets in which the Group operates, changes affecting interest rate levels, changes affecting currency exchange rates, changes in competition levels, changes in laws and regulations, the potential impact of legal proceedings and actions, the Group’s ability to achieve operational synergies from past or future acquisitions and the materialization of risks relating to past divestments. The company does not guarantee that the assumptions underlying the forward-looking statements in this presentation are free from errors and it does not accept any responsibility for the future accuracy of the opinions expressed in this presentation. The company does not assume any obligation to update any information or statements in this presentation to reflect subsequent events. The forward-looking statements in this presentation are made only as of the date hereof. Neither the delivery of this presentation nor any further discussions of the company with any of the recipients thereof shall, under any circumstances, create any implication that there has been no change in the affairs of the company since such date. This presentation is for information purposes only, and does not constitute a prospectus or an offer to sell, exchange or transfer any securities or a solicitation of an offer to purchase, exchange or transfer any securities in or into the United States or in any other jurisdiction. Securities may not be offered, sold or transferred in the United States absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act of 1933, as amended. 19RTL Group interim results 2026