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Q2 2026 Investor Presentation Hannes Niederhauser , Clemens Billek 6th August 2026 , Linz Kontron AG | www.kontron.com Departures 05 Al Kontron GRID Shield kontron The Power of loT Kontron OS
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2 Q2 2026 Kontron: Results & Company Highlights Results Highlights › Growth in Key Markets Q2 Defense: +32% Software: +16% Transportation: +11% › Adjusted EBITDA up EUR 55m vs EUR 46m Q1 26 and Q2 25 (+20%) › Further Increased Backlog Very strong book-to-bill ratio of 1.55 Record backlog of EUR 2,750m First EU OEM for 5G NADs › GreenTec Restructuring Savings of EUR 30m expected on run-rate basis – 424 FTE reduced out of target of 500 FTE) › Defense in Spotlight in 2026 Growth to >EUR 200m in 2026 expected › Ennoconn/Foxconn Partnership Mandatory tender offer period ended Expected synergies of EUR 40m p.a. to materialize in the next years Q2 2026 Company Highlights Kontron AG | www.kontron.com
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3 KPIs Q2 2026 Kontron AG | www.kontron.com Net Result after NCI (in EUR m) 46 Cent 46 CentAdj. EPS 69 21 28 Q2 2025 | Q2 2026 | Q2 2026 adj. 396 372 373 Q2 2025 | Q2 2025* | Q2 2026 Revenues (in EUR m) + 0.5% 373 580 bill | book Book-to-bill: 1.55 Order Entry vs. Revenues (in EUR m) 98 47 55 Q2 2025 | Q2 2026 | Q2 2026 adj. EBITDA (in EUR m) + 20.1% Operating Cash Flow (in EUR m) 149 159 Q2 2025 | Q2 2026 + 6.2% Gross Profit** (in EUR m) 14 -5 Q2 2025 | Q2 2026 * Adjusted for divestments and deconsolidation of COM biz. ** Burdened by divestments and deconsolidation of COM biz. 46 28operational operational
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4 KPIs H1 2026 Kontron AG | www.kontron.com Net Result after NCI (in EUR m) 76 Cent 78 CentAdj. EPS + 3.7% 89 35 49 6M 2025 | 6M 2026 | 6M 2026 adj. 781 729 737 6M 2025 | 6M 2025* | 6M 2026 Revenues (in EUR m) + 1.1% 737 992 bill | book Book-to-bill: 1.35 Order Entry vs. Revenues (in EUR m) 146 84 101 6M 2025 | 6M 2026 | 6M 2026 adj. EBITDA (in EUR m) + 10.9% Operating Cash Flow (in EUR m) 319 311 6M 2025 | 6M 2026 - 2.4% Gross Profit** (in EUR m) 16 -14 6M 2025 | 6M 2026 * Adjusted for divestments and deconsolidation of COM biz. ** Burdened by divestments and deconsolidation of COM biz. 91 47 operational operational
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5 Kontron Group Balance Sheet Q2 2026 Kontron AG | www.kontron.com* Definition Net Debt: Cash and cash equivalents less non-current and current financing liabilities (excl. liabilities from leasing according to IFRS 16) ** Definition Working Capital: Inventories plus trade receivables less trade payables (excl. IFRS 15 contract assets and liabilities) in EUR m 30.06.2026 31.12.2025 in EUR m 30.06.2026 31.12.2025 NON-CURRENT ASSETS 819.9 833.9 EQUITY 749.3 746.1 Tangible assets 234.6 236.3 Accumulated results 661.8 626.9 Intangible assets 182.5 166.4 as of treasury shares -52.0 -22.4 Goodwill 255.4 255.1 NON-CURRENT LIABILITIES 409.6 355.1 Other assets 147.5 176.1 Long-term loans and borrowings 263.1 216.7 CURRENT ASSETS 976.7 953.2 Other liabilities and provisions 146.5 138.3 Inventories 366.1 318.5 CURRENT LIABILITIES 637.7 685.9 Trade receivables 194.5 196.9 Trade payables 235.9 228.0 Contract assets from customers 83.3 77.8 Contract liabilities from customers 54.5 58.9 Cash and cash equivalents 171.5 263.5 Short-term loans and borrowings 161.5 193.9 Other receivables and prepayments 161.2 96.5 Other liabilities and provisions 185.8 205.1 Total assets 1,796.6 1,787.1 Total liabilities & equity 1,796.6 1,787.1 Equity ratio 41.7% 41.8% Total net debt* -253.1 -147.1 Working capital** 324.8 287.4 Impact of supply chain disruptions – lower inventory expected at year end Strict inventory management in place to lower exposure
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6 H1 2026 Additional Disclosures Kontron AG | www.kontron.com Revenues Growth Breakdown in EUR m Reported 3rd party revenues H1 2025 781 Deconsolidation COM 39 Sold IT BG + HU 13 ORGANIC GROWTH 1.1% EBITDA Growth Breakdown in EUR m Reported EBITDA H1 2026 84 Restructuring Program CSP 17 EBITDA ADJUSTED 101 Status Liquidity › EUR 172m cash on hand › EUR 142m available lines › EUR 126m expected additional inflow from COM deconsolidation Delinquent Backlog in EUR m 31/03/2026 33 30/06/2026 50 Revenues Growth excl. GreenTec in EUR m Adjusted 3rd party revenues H1 2025 729 GreenTec H1 2025 70 Adjusted 3rd party revenues H1 2025 excl. GreenTec 659 Reported 3rd party revenues H1 2026 737 GreenTec H1 2026 45 Adjusted 3rd party revenues H1 2026 excl. GreenTec 692 ORGANIC GROWTH 5.0%
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7 Solid Development in H1 2026 in Challenging Environment Kontron: Major KPIs Kontron AG | www.kontron.com in EUR m H1 2024 H1 2025 H1 2026 Comment Revenues 780 729* 737 EUR 57m of divested entities revenues Gross Margin (in %) 42.0% 40.8% 42.2% Improvements expected to come based on more S + S revenues EBITDA 82 91* 101* Ongoing improvement over last years – H1 26 impacted by restructuring cost EUR 17m Net Profit 38 47* 49* Operationally strong; one-time effect impact of EUR 13.9m in H1 2026 Equity Ratio 33.7% 38.1% 41.7% Strong improvement over last quarters - to be further improved in H2 2026 Working Capital 403 307 325 Significant improvement since 2024 - to be further improved in H2 2026 Operating CF -17 16 -14 Operating CF in seasonally weak H1 impacted by supply-chain crisis FTE 7,688 6,938 6,397 424 FTE reduced in H1 2026 (no engineers) Net Cash/Debt -210 -255 -253 Target < 1 time EBITDA; Cash-in of EUR 126m yet to come *Adjusted
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8 Design Wins impacted by COM deconsolidation Record Backlog of EUR 2,750m Kontron AG | www.kontron.com 2,353 2,970 3,407 4,100 6,643 8,076 7,589 2020 2021 2022 2023 2024 2025 2026 Design Wins (in EUR m) 804 1,160 1,460 1,686 2,078 2,495 2,750 2020 2021 2022 2023 2024 2025 2026 Backlog (in EUR m) Backlog Coverage 2026 in EUR m Open Backlog for 2026 875 Revenues H1 2026 737 Total 1,612 COVERAGE 2026 100%
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New Setup: 8 Divisions in 2 Segments Segment Structure 2026 Software & Solutions TelecomIndustrial North America Asia Cyber Solutions Aerospace & Defense Transportation Target FC 2030 EUR 1,700m* 10% EBITDA margin Target FC 2030 EUR 1,500m* 20% EBITDA margin ODM Smart IoT *Revenues before consolidation, total EUR 2,600m. FC 2030 Rev 2,600m EBITDA 420m 9
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Reduce Low Margin Biz Smart IoT Kontron AG | www.kontron.com Proceed to Phase Out Low Margin Biz – First CRA compatible IoT Supplier 109 45 58 554 484 683 6M 2025 | 6M 2026 | 6M 2026 adj.6M 2025** | 6M 2026 | orders 06/26 Revenue & Order Entry EBITDA* About the Segment & Strategy › Combination of former Europe and Global Segment, burdened by declining Greentec biz › IoT products not dedicated to vertical market applications › Revenues adjusted for 2025 deconsolidated entities (Jumptec, KAIM, IT services BG+HU) › Broad base of IoT products/technologies for various industries, also EUR 20m in defense revenues › Represents 65% of group revenues and 53% of EBITDA › Strong Pan-European cost-efficient engineering base › USP: All products to include CRA compatible security Software (in progress) Supply Chain Issues › Flash + DDR4 + CPUs are on allocation (driven by AI demand) › EUR 54.4m of scheduled orders not shipped in H1/2026 (EUR 17m EBITDA delayed) › -> Foxconn will help us About America › Tailwind by local factories in USA + CAD (AS 9100 & ITAR defense certified) › Target increase USA + CN to 30% of group revenues (today ~ 20%) › Market in USA and China grows faster than Europe *EBITDA before Intercompany HQ fees (part of Smart IoT Segment) ** Adjusted for COM business 10 54 operational 502
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11 Strongest EBITDA Contributor, Just Started in 2020 Software + Solutions: Fast Growing – Our Focus Kontron AG | www.kontron.com Represents Today 54% of Group Profits, Target 2030: Increase to 75%, 2026: Need to Solve GreenTec 37 40 43 227 253 310 *EBITDA before Intercompany HQ fees (part of Smart IoT Segment) 6M 2025 | 6M 2026 | 6M 2026 adj.6M 2025 | 6M 2026 | orders 06/26 Revenue & Order Entry EBITDA* About the Segment & Strategy › Consists of IoT technology specialized for defense + trains + cybersecurity › H1 burdened by GreenTec -> need to solve in 2026 › > 60% of Kontron R&D dedicated to this segment › EBITDA margin 17% - will improve after restructuring GreenTec › Significant Software share -> GM 60%, Technology leader › Not impacted by chip crisis › Currently mainly Europe, we started to roll out globally CRA compatible AI supported KontronOS › K-OS, AI-Shield and K-Grid to become the de facto standard with 80m licenses by 2030 › Spread in avionics, WBX, ARM-based, pub transport, target for 2026; install on all IoT devices Transportation (high-speed trains) › Market leader in Europe, only supplier dedicated to FRMCS Defense and Aerospace › Major NATO supplier for encrypted data communication
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12 KPI-Update for H1 2026 Cybersolutions In EUR m H1 2025 H1 2026 Third-Party Revenues 59 69 EBITDA 6 7 Backlog 111 102 Global rise in cyber threats and stricter regulations like the Cyber Resilience Act are making cybersecurity and resilient digital solutions more critical than ever. Kontron AG | www.kontron.com About the Technology › KontronOS layer to enable CRA compatible products, AI-Shield to protect data traffic › Unlimited potential - 40 Bn IoT devices connected › Roll out on all KTN/ENN devices (4m/a) + retrofit field -> 2030 we plan 80m field devices › Customers may pay licence fee to become CRA compatible -> huge potential > 500m › CRA Technology leader with approx. 600 engineers (+20% vs 2025) › CRA is a regulatory necessity
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13 KPI-Update for H1 2026 Defense Kontron AG | www.kontron.com Global increase in defense spendings making cybersecurity and the upgrade to intelligent communication solutions more critical than ever. In EUR m H1 2025 H1 2026 Third-Party Revenues 63 84 EBITDA 10 16 Backlog 82 111 About the Technology › VPX enables high speed data communication among military equipment › Strong encryption to protect sensitive data › Compatible AS 9100 + ITAR defense standards dedicated to NATO › Benefit from strong spendings
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14 KPI-Update for H1 2026 Transportation Growth momentum building from 2026, supported by 50% market share and 5G-driven rail modernization. Kontron AG | www.kontron.com In EUR m H1 2025 H1 2026 Third-Party Revenues 108 120 EBITDA 21 20 Backlog 641 703 About the Technology › Sensitive rail communication at 5G speed › Technology leader in FRMCS standard, (mandatory in 2027 in EU) › 620 engineers › Key customers: DB, SNCF, network rail – we hold > 50% market share in Europe › Other products: avionics servers (6000 airplanes), Public transportation, cab radio › Driven by infrastructure spendings, (DE 500bn)
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15 Update Restructuring Program CSP 2026 Kontron AG | www.kontron.com Target: − Adjust solar and WBX headcount to actual biz, back to profits in Q4/2026 − Achieve annual savings of > EUR 30m starting 2027 with one time EUR 25m in restructuring costs in 2026 − Reduction of 500 FTE (mainly GreenTec); completed in Q3/2026 Achievements H1/2026: − Headcount (FTE) reduced by 424 FTE plus 54 ext ressources − 12/2025: 6,696 FTE -> 6/2026: 6,397 FTE − 124 FTE settled and will leave in Q2 Solar products: − No new solar designs - maintain biz but no major new investments − Focus on IoT connected inverters with HEMS Software (technology leader in this niche) − Integrate solar into Div industrial for more synergies − Transfer to low-cost location BG GreenTec WBX: − Focus on existing customers Porsche, VW , Volvo – no major new investments − Keep connected WBX biz, focus on bidi functionality, − Combine Engineering resources with Div Cyber solutions
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16 Cooperation & Synergies Ennoconn Topic Revenue potential Synergy potential management Add joint experienced hi tech leaders in sales & biz development enabler Technology Install Kontron OS on ENN products (add unique CRA security features) - Blue chip customers - ENN std products (Vecow, ENNC Mobo) 500k pcs @ 10$ 100k pcs @ 15$ $ 5m $ 1,5m Technology Kontron is technology leader for high speed train infrastructure and flight servers for avionics. Products are not sold in volume in China and SEA. Local for local production at ENN. Market size larger than in Europe, target: get 20% of EU volume $ 60m $ 12m Technology Add Kontron technology to Foxconn products in robotics, AI data center, e-mobility huge ODM Kontron is among top #5 local ODM companies in Europe. (electronic²) Offer Foxconn superior services together with Kontron R&D – results in the leading ODM in Europe $ 200m $ 10m Sales Kontron standard products sold in China/SEA via ENN, get 10% of EU volume $ 80m $ 8m Americas Integrate sales channels in USA, reduce cost by 10% (Kontron brand) $ 2m Americas Focus on tier 1 US chip customers > $ 100m p.a., find 2 more of such customers $ 300m $ 30m Finance cost Combine debt, use lower interest on EUR 400m $ 6m SCM Use Foxconn supply chain „PSL“ partners, 2% improvement, supply security $ 10m Total Synergies split 50:50 between ENN and Kontron $84m
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17Kontron AG | www.kontron.com ◼ Ennoconn Corporation (6414.TW) has increased its shareholding and Kontron and launched a mandatory tender offer on 29 June. The deadline for the acceptance period was 27 July. ◼ With the acceptance rate below 20% Ennoconn will not hold the majority of the voting rights following completion of the transaction. ◼ Shareholders retain the right to withdraw their acceptance until all required regulatory approval (FDI) has been obtained. The final participation rate will be determined following completion of the regulatory review process and might still change in the course of the following weeks. ◼ The tender offer represents an important milestone after 10 years in a partnership where Ennoconn held around 28%. The largest shareholders of Ennoconn are Foxconn and Google. ◼ Ennoconn sees the momentum and potential for Kontron’s development in the industry, hence Ennoconn decided to take a more forward-looking long-term investment strategy. Ennoconn’s long-term Commitment to Kontron Partnership
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18 Continuous Strong Organic Growth in Profitability Expected History and 2026 Forecast Kontron AG | www.kontron.com 0 50 100 150 200 250 0 500 1,000 1,500 2,000 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026e Revenue (left scale) EBITDA (right scale) divest IT (in EUR million) Results 2024 Results 2025 Guidance 2026 Revenue 1,685 1,607 In range of 2025* EBITDA adj. 192 220 225** 0 1,500 3,000 4,500 6,000 7,500 9,000 2020 2021 2022 2023 2024 2025 6M2026 Backlog Design Wins divest IT * 8% organic growth, includes deconsolidation of EUR 75m. M&A uncertain in current environment, not forecasted anymore. ** Before EUR 25m of restructuring costs but Incl. effect of chip crisis.
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19Kontron AG | www.kontron.com Appendix
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20 Price target clearly above current share price The Kontron Share Kontron AG | www.kontron.com Shareholder Structure Cantor Fitzgerald Buy: EUR 34.00 Jefferies Buy: EUR 27.00 ERSTE Group Buy: EUR 30.90 Kepler Cheuvreux Buy: EUR 30.00 mwb research Buy: EUR 35.00 ODDO BHF Hold: EUR 23.50 Pareto Securities Buy: EUR 28.00 Warburg Buy: EUR 28.50 Bankhaus Metzler Buy: EUR 30.00 DZ Bank Buy: EUR 31.00 Average Target Share Price EUR 29.79Shareholder base Ennoconn - 28.8% Swedbank AB - 2.1% Kontron Management - 2.0% Other Freefloat* - 67.1% Share ID as of 31/03/2026 * incl. 2.0% Treasury Shares ** Latest Analysts’ recommendation change as of 05.08.2026 Analyst Recommendations
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21 Update on ESG: Achievements Kontron AG | www.kontron.com › Double Materiality Analysis (CSRD requirement) was completed – 10 material topics identified › Education Kontron Sustainable Leadership Academy 2024 (focus on female employees) Data Security Training Focus › Employee Survey – conducted among approx. 4,700 employees Recognition of Kontron’s ESG efforts › MSCI: A (previously BBB) › EcoVadis: 50 (rated above industry average) › Sustainalytics: 17.9 (low risk) › Moody’s: 38 (improvement by 4 points since 2022) › ISS ESG: C (previously C-)
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22 Update on ESG: Outlook & Targets Kontron AG | www.kontron.com 22 › Corporate Carbon Footprint (Full disclosure on Scope I, II, III) › Climate Risk Analysis › EU Taxonomy alignment › CSRD compliance – Sustainability Statement 2024 (ESRS) based on Double Materiality Analysis › Kontron’s Green Products – communicating our products better (product carbon footprint) › Kontron’s Green Products – Connecting sustainable Energy and ESG for higher performance › GreenTec – Upgrading GreenTec with IoT › CSDDD preparation › Compliance targets – update of policies (Supplier Code of Conduct, Code of Conduct, etc), increase in number of participants and participation rate of compliance trainings, integration of acquired companies
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23Kontron AG | www.kontron.com Disclaimer This document includes 'forward-looking statements'. Forward-looking statements are all statements, which do not describe facts of the past, but containing the words "believe", "estimate", "expect", "anticipate", "assume", "plan", "intend", "could", and words of similar meaning. These forward-looking statements are subject to inherent risks and uncertainties since they relate to future events and are based on current assumptions and estimates of Kontron AG, which might not occur at all or occur not as assumed. They therefore do not constitute a guarantee for the occurrence of future results or performances of Kontron AG. The actual financial position and the actual results of Kontron AG, as well as the overall economic development and the regulatory environment may differ materially from the expectations, which are assumed explicitly or implicitly in the forward-looking statements and do not comply to them. Analysts and investors, and any other person or entity that may need to take decisions or prepare or release opinions about the shares / securities issued by Kontron AG are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date of this document. Past performance cannot be relied upon as a guide to future performance. Except as required by applicable law, Kontron AG undertakes no obligation to revise these forward-looking statements to reflect events and circumstances after the date of this presentation, including, without limitation, changes in Kontron’s business or strategy or to reflect the occurrence of unanticipated events. The financial information and opinions contained in this document are unaudited and are subject to change without notice. This document contains summarized information or information that has not been audited. In this sense, this information is subject to, and must be read in conjunction with, all other publicly available information, including if it is necessary, any fuller disclosure document published by Kontron AG. None of the Company, its subsidiaries or affiliates or by any of its officers, directors, employees, advisors, representatives or agents shall be liable whatsoever for any loss however arising, directly or indirectly, from any use of this document its content or otherwise arising in connection with this document. This document or any of the information contained herein do not constitute, form part of or shall be construed as an offer or invitation to purchase, subscribe, sale or exchange, nor a request for an offer of purchase, subscription, sale or exchange of shares / securities of Kontron AG, or any advice or recommendation with respect to such shares / securities. This document or a part of it shall not form the basis of or relied upon in connection with any contract or commitment whatsoever. This document does not constitute an offer to purchase securities in the United States, Canada, Australia, South Africa and Japan. Securities, including the bond of Kontron AG may not be sold or offered for sale within the United States or to or for the account of / in favor of US citizens (as defined in Regulation S under the U.S. Securities Act of 1933 in the current version (the "Securities Act") unless they are registered under the regulations of the Securities Act or unless they are subject to an exemption from registration. Neither Kontron AG nor any other person intend to register the offer or a part thereof in the United States or to make a public offer of the securities in the United States.