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The Digital Workplace Company Q2 2026 Results 28 July 2026
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2 This presentation as well as any information communicated in connection therewith (the “Presentation”) contains information regarding TeamViewer SE (the “Company”) and its subsidiaries (the Company, together with its subsidiaries, “TeamViewer”). It is provided for information purposes only and should not be relied on for any purpose and may not be redistributed, reproduced, published, or passed on to any other person or used in whole or in part for any other purpose. Certain statements in this presentation may constitute forward-looking statements. These statements are based on assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks and uncertainties, including, but not limited to, those risks and uncertainties described in TeamViewer's disclosures. You should not rely on these forward- looking statements as predictions of future events, and TeamViewer’s actual results may differ materially and adversely from any forward-looking statements discussed in these statements due to several factors, including without limitation, risks from macroeconomic developments, external fraud, lack of innovation capabilities, inadequate data security and changes in competition levels. TeamViewer undertakes no obligation, and does not expect to publicly update, or publicly revise, any forward-looking statement, whether as a result of new information, future events or otherwise. Important Notice / APMs All subsequent written and oral forward-looking statements attributable to it or to persons acting on its behalf are expressly qualified in their entirety by the cautionary statements referred to above and contained elsewhere in this Presentation. All stated figures are unaudited. Percentage change data and totals presented in tables throughout this presentation are generally calculated on unrounded numbers. Therefore, numbers in tables may not add up precisely to the totals indicated and percentage change data may not precisely reflect the change data of the rounded figures for the same reason. This document contains alternative performance measures (APM) that are not defined under IFRS. The APMs (non-IFRS) can be reconciled to the key performance indicators included in the IFRS consolidated financial statements and should not be viewed in isolation, but only as supplementary information for assessing the operating performance. TeamViewer believes that these APMs provide an additional, deeper understanding of the Company's performance. Q2 2026 Results
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3 • Adjusted EBITDA is defined as operating income (EBIT) according to IFRS, plus depreciation and amortization of tangible and intangible fixed assets (EBITDA), adjusted for certain business transactions (income and expense) defined by the Management Board in agreement with the Supervisory Board. Business transactions to be adjusted relate to share- based compensation schemes and other material special items of the business that are presented separately to show the underlying operating performance of the business. • Adjusted EBITDA margin means Adjusted EBITDA as a percentage of revenue. • Billings represent the value (net) of goods and services invoiced to customers within a specific period and which constitute a contract as defined by IFRS 15. • Annual Recurring Revenue (ARR) is annualized recurring revenue for all active subscriptions at the end of the reporting period. It is calculated by multiplying the daily subscription revenue at the end of the reporting period by 365 days (or 366 days for leap years). Daily subscription revenue is calculated as the total active contract value divided by the contract duration in days. The end of the reporting period is defined as the last calendar day of the respective period. • Retained ARR is defined as the ARR at the end of the reporting period from customers that were already a customer at the end of the prior-year reporting period. • Net Retention Rate (NRR) (cc) is defined as Retained ARR (cc) at the end of the reporting period divided by the total ARR at the end of the prior-year reporting period. • Number of customers means the total number of paying customers with an active subscription at the reporting date. • SMB customers means customers with ARR across all products and services of less than EUR 10,000 at the end of the reporting period. If the threshold is exceeded, the customer will be reallocated. • Enterprise customers means customers with ARR across all products and services of at least EUR 10,000 at the end of the reporting period. Customers who do not reach this threshold will be reallocated. • Customer churn rate means the percentage of customers not retained during the last twelve-month period. It is calculated as 100% minus the number of customers that were retained (no new customers) during the last twelve months divided by the total number of customers twelve months ago. Important Notice / APMs (continued) • Average Selling Price (ASP) is calculated by dividing the total ARR by the total number of customers at the reporting date. • Net financial liabilities are defined as financial liabilities (without other financial liabilities) less cash and cash equivalents. • Net leverage ratio means the ratio of net financial liabilities to Adjusted EBITDA of the last twelve-month period. • Levered Free Cash Flow (FCFE) means net cash from operating activities less capital expenditure for property, plant and equipment and intangible assets (excl. M&A), payments for the capital element of lease liabilities and interest paid for borrowings and lease liabilities. • Cash Conversion means the percentage share of Levered Free Cash Flows (FCFE) in relation to the Adjusted EBITDA. • Adjusted Net Income is the net income adjusted for certain income and expenses. These adjustments are: share-based compensation, amortization related to business combinations, other non-recurring income and expenses and related tax effects. • Adjusted basic earnings per share is calculated in line with basic earnings per share, whereby Adjusted Net Income is used as the basis for the calculation instead of the net income. • Constant currency (cc) comparisons eliminate the impact of exchange rate fluctuations between different periods. • “Pro forma” refers to TeamViewer group numbers including 1E numbers before closing (unaudited management view at the time of acquisition) as well as a reversal of negative M&A effects on revenue (“haircut”) after closing of the transaction. Pro forma numbers are prepared for comparative purposes and should be read in conjunction with financial statements. They are not necessarily indicative of the results that would have been attained if the transaction had taken place on a different date. TeamViewer has defined each of the following APMs as follows: Q2 2026 Results
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The Digital Workplace Company Business Overview Oliver Steil Chief Executive Officer Mark Banfield Chief Revenue Officer
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5 Q2 2026: DEX turnaround and TeamViewer ONE platform momentum; FY guidance reaffirmed Q2 2026 Results Strategic position validated by landmark ServiceNow partnership, leading industry analysts and FedRAMP milestone; reinforcing long-term growth opportunities Full-year guidance reaffirmed: Revenue growth 0% to 3% cc yoy, Adjusted EBITDA margin ~43% Leading operational indicators moved in the right direction, previously disclosed effects are leveling off 1 2 3 4 5 6 1 YoY revenue growth rate is compared to Q2 2025 comparable pro forma Revenue of €190.7m. Profitability remained strong Adjusted EBITDA €78.9m; margin of 43.2% Revenue €182.7m (-1.4% cc yoy1); ARR €736.8m (-0.1% cc yoy); growth acceleration expected in H2 2026 DEX turnaround fueling TeamViewer ONE rapid scaling and Enterprise growth: highest-value ENT ARR bucket up +11% cc yoy
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6 Enterprise ARR momentum strengthened, DEX turnaround fueled TeamViewer ONE adoption Q2 2026 Results ENT ARR change quarter-over-quarter (in m€ adjusted for FX effects) Daily Avg. Billings within month (in k€)Enterprise ARR momentum turned positive in Q2, showing the improving customer adoption and expansion trends TMV ONE StandardTMV ONE Advanced Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 34 70
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7 Enterprise platform strategy gaining traction: highest-value ARR bucket up +11% cc Q2 2026 Results Enterprise NRR (%; cc; pro forma) TeamViewer ONE adoption accelerated, driven by strong cross-sell and upsell momentum across DEX and Tensor, with several strategic DEX customers migrating to TeamViewer ONE and generating meaningful ARR uplift. 83.5 86.8 31.9 33.5 29.9 29.3 81.7 85.9 Q2 2025 Q2 2026 235.5 227.1 € 10,000 - 50,000 ARR € >100,000 ARR € >50,000 ARR € >200,000 ARR +10% cc +3% cc +7% cc +11% cc Enterprise (ARR view) (€m; % yoy cc; pro forma) +8% cc
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8 Early signs of stabilization in SMB churn churn expected to continue moderating in H2 2026 Q2 2026 Results SMB ARR change quarter-over-quarter (in m€ adjusted for FX effects) SMB trends showed encouraging sequential improvement in Q2 2026, churn expected to continue moderating in H2 2026 101.1 97.2 163.7 147.0 267.3 257.1 Q2 2025 Q2 2026 501.4532.0 -8% cc -6% cc 0% cc € 1,500 - <10,000 ARR € <500 ARR € 500 - <1,500 ARR SMB (ARR view) (€m; % yoy cc; pro forma) -4% cc
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9 “By integrating ServiceNow's AI control tower for business reinvention and TeamViewer’s endpoint capabilities, we're closing the loop from insight at the edge to outcomes at scale. Together, we are unlocking autonomous operations, accelerating productivity, and delivering a new era of agentic business.“ Bill McDermott Chairman & CEO, ServiceNow Landmark strategic partnership with ServiceNow to deliver autonomous IT Platform Integration: TeamViewer’s market-leading DEX and Remote Connectivity solutions integrated with the ServiceNow AI Platform, enabling end-to-end agentic IT workflows Global Go-to-Market: Distinct benefits with joint dedicated investments and assigned Sales & Marketing resources, supported by implementation and channel partners Multi-year Agreement: Plans to explore deeper integrations and innovation with the intent to expand to new use cases and markets Q2 2026 Results
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10 “Gartner defines agentic remote support (ARS) as autonomous IT incident resolution on employee devices, addressing the critical business problems of technology friction and We believe the strategic ServiceNow partnership aligns with latest Gartner® research 1 Gartner®, Innovation Insight: Agentic Remote Support, Stuart Downes, Tom Cipolla, Robin Milton-Schonemann, 15 July 2026 2 Gartner®, Innovation Insight for Digital Workplace Operations Automation Platforms, Tom Cipolla, Stuart Downes, 23 April 2026 GARTNER is a trademark of Gartner, Inc. and its affiliates. The Gartner content described herein (the “Gartner Content”) represents research opinion or viewpoints published, as part of a syndicated subscription service, by Gartner, Inc. ("Gartner"), and is not a representation of fact. Gartner Content speaks as of its original publication date (and not as of the date of this Quarterly Report), and the opinions expressed in the Gartner Content are subject to change without notice. Gartner Innovation Insights: Agentic Remote Support and Digital Workplace Operations Automation TeamViewer view on latest Gartner research • TeamViewer believes its product and partnership strategy addresses the customer needs in the areas discussed in the Gartner research on Agentic Remote Support (ARS) and Digital Workplace Operations Automation (DWOA). • In our view, TeamViewer is well-positioned to support customers pursuing end-to-end autonomous IT with our Agentic Remote Support (ARS), Digital Employee Experience (DEX), and Endpoint Management capabilities alongside ServiceNow‘s IT Service Management and agentic AI orchestration platform. high support costs by transforming traditional remote support tasks into an AI driven, self-learning system. ARS tools combine endpoint telemetry data, real-time screen observations, and analytics with AI agents to accurately diagnose IT issues on endpoints, virtual desktops, or within digital workplace infrastructures.”1 Q2 2026 Results “By 2029, 70% of enterprises will deploy agentic AI as a part of IT infrastructure operations, compared to less than 5% in 2025.”2
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11 Recognition by industry analysts and peer reviews in our view reinforces market leadership Q2 2026 Results Gartner®, Magic Quadrant™ for Digital Employee Experience Management Tools, Dan Wilson, Stuart Downes, Robin Milton-Schonemann, 8 June 2026 GARTNER and MAGIC QUADRANT are trademarks of Gartner, Inc. and its affiliates. Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. The Gartner content described herein (the “Gartner Content”) represents research opinion or viewpoints published, as part of a syndicated subscription service, by Gartner, Inc. ("Gartner"), and is not a representation of fact. Gartner Content speaks as of its original publication date (and not as of the date of this Quarterly Report), and the opinions expressed in the Gartner Content are subject to change without notice. TeamViewer Frontline TeamViewer Remote / Tensor G2 Business Software Reviews Recognized as G2 Grid Leader across 4 dedicated categories and ranked no. 1 in >60 G2 reports TrustRadius Top Rated Award 5 Top Rated Awards across various categories (incl. RMM, MDM, and UEM) Frost Radar™ AR-Centric Augmented Connected Worker Platforms Recognized as a Visionary Leader and ranked no. 1 in Growth and Innovation PAC INNOVATION RADAR™ – Digital Platforms for Connected Workers Recognized as the sole Best-in-Class vendor for three consecutive years TeamViewer DEX Gartner® Magic Quadrant™ Digital Employee Experience Management Tools Recognized as a Leader for three consecutive years IDC MarketScape Worldwide DEX Vendor Assessment Recognized as a Leader TeamViewer ONE
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12 CERTIFICATION PATH FEDRAMP MODERATE ✓ “In Process” Designation Authority to Operate (ATO) Completion targeted in 2026 Gateway to the U.S. Federal sector Federal agencies can often only buy FedRAMP certified cloud services, which defines a market with high security and compliance barriers to entry A very high bar The FedRAMP path requires long-term and significant investment with highly specific requirements, security assessments, and thorough sponsor review One ATO, many agencies Once completed, federal agencies can re-use the certified package, with TeamViewer already in active pipeline development TeamViewer DEX platform reaches key FedRAMP® milestone, opening access to the U.S. Federal market Sponsored by the U.S. Department of Veterans Affairs ✓ Listed on the FedRAMP Marketplace Q2 2026 Results
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13 Enterprise Integration “AI-powered analytics integrate seamlessly into enterprise IT environments, helping automate workflows and reduce administrative overhead at scale.” Head of IT, Enterprise Retail customer (1000+ employees) IT Manager, Software & IT services (50 employees) “AI-generated summaries and diagnostics reduce manual work, accelerate issue resolution, and help reduce downtime and travel costs.” Efficiency & Cost Reduction Tangible customer value, reflected in a strong Voice of the Customer Endpoint Service Manager Amica Mutual Insurance Company (5,000+ employees) Proactive IT management “TeamViewer AI helped us pinpoint the root causes of application instability and uncover software that was creating unnecessary risk across our environment.” Q2 2026 Results
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14 Flagship customer wins evidence TeamViewer's compelling value proposition across the portfolio DEX Scale: 100+ users, multiple locations in North America Key differentiator: Hands-free workflows integrating with SAP EWM Use Case: Increasing warehouse productivity and reducing errors by vision picking TeamViewer ONE Frontline Scale: 400 endpoints, expanding MSP footprint into public sector Differentiator: Standardizing entire MSP stack on a single platform to resell Use Case: Secure, automated IT operations across fragmented municipal environments Scale: 60,000 endpoints Key differentiator: Real-time automation and visibility Use Case: Managing global airport IT operations at scale to ensure seamless passenger services, operational continuity, and high‑performing employee digital experiences. Leading US building products manufacturer Q2 2026 Results Leading global aviation technology provider
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15 Upsell engine in full swing: Renewing DEX customers are moving to TeamViewer ONE with strong ARR uplift One of the largest US public sector organizations One of the world‘s largest airlines A leading global financial services group One of the world‘s largest non-profit hospital systems >2.0m >125k >1.5m >150k ARR Uplift (€)* Big Tech IT platform Enterprise RS/RA Big Tech IT platform Enterprise RS/RA Replaced ~ 600k ~ 50k ~150k ~ 100k Endpoints Q2 2026 Results * At FX rate of 1.1785 EUR/USD
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16 General Availability TeamViewer‘s fast progressing AEM innovation delivery creates accelerating platform pull Q2 2026 Results 16 Session summaries Turning visibility to insights AI-driven automations Remote support session Agentic AI augments experts to resolve case General Availability in summer 2026 August2026 Release Multi-year, multi-million strategic commitments by renewing DEX customers moving to TeamViewer ONE with significant ARR uplift is a strong proof point for the platform pull and innovation roadmap around TeamViewer‘s unique proposition for Autonomous Endpoint Management (AEM) DEX insights
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17 August release brings key innovation toward self- healing IT with Automations created from AI sessions Launch of Automations: proven break-fix resolutions, captured across more than 2.8 million AI sessions, converted into reusable automations with tangible benefits for IT teams: • Reduce manual effort: the same issue no longer needs to be diagnosed and fixed by hand every time. Fix once, fixed forever. • Accelerate resolution: proven fixes apply automatically when a known issue recurs, collapsing mean-time-to- resolution (MTTR). • Scale with control: automations roll out across device groups under approval workflows and policy controls. Q2 2026 Results
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18 Strong and scaling customer traction continues to underscore structural data advantage for unique AEM innovation 1. Total number of customers that have used TeamViewer AI as of July 25th 2026 2. Number of cumulative AI sessions summarized as of July 25th 2026 >49k Customers that have used TeamViewer AI1 >2.8m Cumulative AI sessions2 AI adoption scales fast with more than 500,000 AI sessions in June alone, fueling our strong data moat Q2 2026 Results 18
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19 AI safety and hazard incidents are accelerating, driving a growing demand for self-healing IT and Autonomous Endpoint Management ◉ Rising AI safety and governance risks are increasing demand for endpoint intelligence, control and automation platforms ◉ Growing demand for Autonomous Endpoint Management is already visible in high-trust sectors such as government, defense and financial services, where AI governance, security and operational resilience are mission-critical ◉ TeamViewer is seeing growing pipeline momentum and customer demand in these verticals as organizations invest in platforms that can safely manage and control AI-driven operations at scale AI safety and hazard incidences are accelerating Total Incidents & Hazards6-month moving average 2020-01 2021-01 2022-01 2023-01 2024-01 2025-01 2026-01 0 100 200 300 400 500 600 Q2 2026 Results Number of incidents Source: OECD AI incidents and hazard monitor 2020 2021 2022 20242023 2025 2026
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Internal 20 The Self-Healing Agent for IT Self-Healing control layer for the Autonomous Workplace Every Endpoint continuously observed Employees AI Agents Autonomous Workflows Robots & Machines Edge Devices Applications & Devices Real-time Intelligence Continuously detect friction across devices, apps, employees & AI agents Automation Orchestrate action at the scale of the autonomous enterprise Remediation Resolve problems autonomously before productivity is impacted Prevent friction from slowing productivity Friction detected early Issues predicted & prevented Problems resolved autonomously Availability & experience protected SELF-HEALING AGENT OBSERVE | DECIDE | ACT ACT Autonomously remediate before impact OBSERVE Real-time intelligence across every endpoint DECIDE Predict & understand issues before they create friction 20 Q2 2026 Results
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Internal 21 The Unique Right to Win Autonomous IT Seven advantages powering the shift to Self-Healing Autonomous IT 21 Largest Remote Access Base Used by ops teams worldwide to diagnose & fix digital friction; 610k+ customers globally Intelligent Remediation Agent Detect, diagnose & remediate friction in sub-millisecond real time Proprietary Dual Data Streams Remote sessions + intelligent agents continuously feed TeamViewer ONE Native Embedded AI Platform Continuous learning to detect, remediate and optimize IT - securely Vast Upsell Customer Base Millions of break-fix customers ready for the Autonomous IT journey Mature Global Go-To-Market Proven value-curve upsell engine, amplified by the ServiceNow partnership Proven Transformational Results Already delivering in the strategic Autonomous IT platform transition Q2 2026 Results
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The Digital Workplace Company Financial Overview Michael Wilkens Chief Financial Officer
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23 Q2 2026: Improving operational indicators support confidence in H2 2026 growth acceleration Revenue €182.7m -1.4% cc yoy1 Adjusted EBITDA €78.9m -6% yoy1 ARR €736.8m -0.1% cc yoy Adjusted EBITDA Margin 43.2% -1 pp yoy1 Net Leverage Ratio 2.5x Q2 2026 Results Basic EPS / Adjusted EPS €0.19 / €0.27 +32% yoy / -5% yoy1 1 YoY growth rate is compared to Q2 2025 comparable pro forma actuals
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24 in € million Q2 2026 Q2 2025 ∆ % Revenue1 182.7 190.7 -4% Cost of Goods Sold (COGS)1,2 (15.1) (15.4) -2% Gross profit1,2 167.6 175.2 -4% % Margin1,2 92% 92% 0 pp Total Opex1,2 (88.7) (91.2) -3% Adjusted EBITDA1 78.9 84.0 -6% % Margin1 43% 44% -1 pp D&A -13.3 -14.0 -5% Operating Profit (EBIT) 57.3 63.9 -10% Net income 30.1 22.6 +33% Basic number of shares issued and outstanding in m 157.8 157.0 1% EPS (basic) in € 0.19 0.14 +32% Adjusted EPS (basic)1 in € 0.27 0.28 -5% Levered Free Cash Flow (FCFE)3 40.8 59.6 -31% Cash conversion (FCFE / Adjusted EBITDA4) 52% 71% Net debt 832.8 991.7 -16% Net leverage ratio5 2.5x 2.9x Key P&L and other financial KPIs development Q2 2026: previously disclosed effects are leveling off ◉ Revenue growth - as a lagging indicator - continued to reflect the effects of previously disclosed headwinds ◉ Underlying operational indicators improved throughout the quarter ◉ Ongoing organic investments in Sales and Research & Development; Marketing cost include Q2 commercial activation ◉ Levered Free Cash Flow reflects lower topline growth and less upfront paid multi-year deals ◉ Net leverage ratio: on track for around 2.3x year-end target Q2 2026 Results 1 2025 comparable actuals are pro forma. YoY growth rate is compared to 2025 pro forma comparable actuals. | 2 Based on recurring costs. | 3 Adjusted for the effects from the 1E acquisition. | 4 FCFE / Pro forma adjusted EBITDA for 2025. | 5 Net debt / Pro forma adjusted EBITDA LTM.
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25 Operating cash flow reflects lower topline growth and less upfront paid multi year deals yoy in € million (unless otherwise stated) Q2 2026 Q2 2025 ∆ % 6M 2026 6M 2025 ∆ % Pre-Tax net cash from operating activities (IFRS) 66.3 84.0 -21% 121.5 130.6 -7% Capital expenditure (excl. M&A) (2.3) (2.8) -18% (3.3) (3.8) -13% Lease payments (3.9) (5.3) -26% (10.9) (6.8) +60% Pre-tax Unlevered Free Cash Flow (pre-tax UFCF) 60.2 75.9 -21% 107.4 120.1 -11% Interest paid for borrowings and lease liabilities (11.4) (10.7) +7% (23.4) (19.6) +19% Pre-tax Levered Free Cash Flow (pre-tax FCFE) 48.7 65.3 -25% 84.0 100.5 -16% Income tax paid (8.7) (11.8) -26% (22.2) (20.2) +10% Levered Free Cash Flow (FCFE) 40.0 53.5 -25% 61.8 80.2 -23% Cash Conversion (FCFE / Adjusted EBITDA1) 51% 64% 38% 48% Adjustment for 1E acquisition 0.8 6.1 -87% 2.7 12.2 -78% Adjustment for a one-off payment in connection with special legal disputes — — n/a — 11.6 n/a Levered Free Cash Flow (FCFE) adj. for 1E and legal disputes 40.8 59.6 -31% 64.6 104.0 -38% Cash Conversion (FCFE / Adjusted EBITDA1) after adjustments 52% 71% 40% 63% Q2 2026 Results ◉ Q2 2026 Cash flow was impacted by lower topline growth and by less upfront paid multi year deals compared to last year ◉ In addition, normal anticipated cash flow timing effects from taxes, interest and lease payments during the second quarter ◉ Free cash flow is seasonally stronger in H2 1 FCFE / Pro forma adj. EBITDA for 2025.
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26 25 25 25 150 145 13 9 48.5 51.5 15 15 12.5 12.5 75 Term Loan (1E) Bridge to DCM (1E) Promissory Note 2021 Promissory Note 2024 Private Placement 2025Private Placement 2026 2024 Syndicated RCF 2022 Syndicated RCF 2026 2027 2028 2029 2030 2031 Debt maturity profile as of 30 June 2026 (€m) 9 Q2 2026 Results 450 12.5 Financing Flexibility increased in Q2 2026 Successfully extended debt maturities and new financing capacity: extended €75m RCF to 2031, secured a new €40m bilateral facility and initiated a new Schuldschein placement
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27 FY 2025 Actuals (comparison base) FY 2026 Guidance Revenue growth (YoY constant currency vs PY pro forma basis) Adjusted EBITDA margin (reported, incl. currency effects) €767.5m pro forma 0% - 3% cc1,2 44% pro forma ~ 43% FY 2026 guidance for revenue growth is at constant currencies2 Actual currency reported figures are expected to be impacted by currency exchange rate fluctuations through the year TeamViewer’s expected currency impact on revenue growth in FY 2026 is shown on slide 31 1 Revenue growth in constant currencies vs IFRS Revenue FY 2025 of €746.8m will be higher than the revenue growth in cc vs pro forma Revenue FY 2025 of €767.5m. 2 Constant currency growth including an average exchange rate of 1.13 EUR/USD for FY 2025. FY 2026 Guidance reaffirmed Q2 2026 Results
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Q&A
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Appendix The Digital Workplace Company
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The Digital Workplace Company FX impact
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31 3 Constant currency growth including an average exchange rate of 1.05 USD per EUR for Q1 2025, 1.13 USD per EUR for Q2 2025 and 1.13 USD per EUR for FY 2025. Expected currency impact: USD represents TeamViewer’s largest topline foreign currency exposure Q2 2026 (actual) Q3 2026 (expected) FY2026 (expected) Total FX Impact1,2 -2.8pp -2.1pp -2.4pp YoY FX Impact -1.4pp -1.2pp -1.4pp Additional Deferred Revenue FX Impact2 -1.4pp -0.8pp -1.0pp 1 FY 2026 expected FX impact reflects the actual FX impact recorded in H1 2026, the expected FX impact for H2 2026 based on June 30, 2026 spot rates, and deferred FX effects resulting from TeamViewer’s centralized invoicing model 2 The expected additional deferred revenue FX impact in Q4 is -0.3pp. 3 main currencies Q2 2026 (actual average) Q3 2026 (expected) EUR/USD 1.16 1.14 EUR/CAD 1.61 1.62 EUR/AUD 1.64 1.65 Expected FX impact Q3 & FY 2026 in revenue at spot rate on 30 Jun 2026 (compared to 2025 pro forma revenue) Currency exposure vs guided YoY growth in cc: ◦ TeamViewer guides YoY revenue growth in constant currency3 ◦ Actual currency reported figures are expected to be impacted by currency exchange rate fluctuations through the year as reflected in the table TeamViewer specific situation: ◦ TeamViewer’s central invoicing model and IFRS treatment fix deferred revenue at the invoice‑date FX rate, causing unavoidable FX effects when historic deferred revenue is released in revenue ◦ Therefore, TeamViewer provides the additional expected FX impact that comes from historic deferred revenue release to avoid systematic over/ underestimation of currency movements in reported revenue Q2 2026 Results
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The Digital Workplace Company Key financials & KPIs
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33 Overview Topline KPIs Q2 2026 Q1 2026 Q4 2025 Pro forma Q3 2025 Pro forma Q2 2025 Pro forma SMB Revenue in €m 124.1 126.2 130.9 134.1 132.0 Revenue YoY % cc -3 % -1 % 1 % 3 % 3 % ARR1 in €m 501.4 506.7 518.7 526.3 532.0 ARR1 YoY % cc -4 % -3 % -1 % 0 % +1 % ASP (ARR)1 in € 826 822 822 822 817 Number of customers1 606,616 616,598 631,373 640,342 651,221 SMB Customer churn rate 17 % 17 % 16 % 16 % 16 % Enterprise Revenue in €m 58.6 57.0 63.8 57.9 58.7 Revenue YoY % cc +3 % 0 % +3 % +8 % +15 % ARR1 in €m 235 231 241 230 227 ARR1 YoY % cc +8 % +8 % +11 % +12 % +13 % ASP (ARR)1 in € thousands 44 44 46 44 44 NRR (cc)1 94 % 93 % 96 % 98 % 98 % NRR (cc)1 adj. for net upsell from SMB 98 % 96 % 99 % 102 % 103 % Number of customers1 5,311 5,259 5,262 5,216 5,143 Total ARR1 in €m 736.8 737.3 759.7 756.8 759.1 Revenue in €m 182.7 183.2 194.6 192.0 190.7 Revenue by region in €m EMEA 100.4 100.6 103.1 101.5 99.8 AMERICAS 64.7 64.8 73.4 72.1 72.7 APAC 17.6 17.7 18.2 18.3 18.2 Q2 2026 Results 1 2025 comparable actuals and growth rates are non-pro forma.
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34 83.5 86.8 31.9 33.5 29.9 29.3 81.7 85.9 Q2 2025 Q2 2026 101.1 97.2 163.7 147.0 267.3 257.1 Q2 2025 Q2 2026 Enterprise platform strategy gaining traction: highest-value ARR bucket up +11% yoy driven by DEX turnaround and TeamViewer ONE adoption 501.4532.0 -8% cc -6% cc 0% cc € 1,500 - <10,000 ARR € <500 ARR € 500 - <1,500 ARR 235.5 227.1 € 10,000 - 50,000 ARR € >100,000 ARR € >50,000 ARR € >200,000 ARR +10% cc +3% cc +7% cc +11% cc SMB (ARR view) Enterprise (ARR view) (€m; % yoy cc; pro forma)(€m; % yoy cc; pro forma) Net upsell from SMB to Enterprise: €10.7m -4% cc +8% cc Q2 2026 Results
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35 in € million (unless otherwise stated) Q2 2026 Q2 2025 Pro forma ∆ % 6M 2026 6M 2025 Pro forma ∆ % Revenue 182.7 190.7 -4% 365.9 380.9 -4 % Cost of Goods Sold (COGS) (15.1) (15.4) -2% (30.0) (31.6) -5 % Gross profit 167.6 175.2 -4% 335.9 349.3 -4 % % Margin 92 % 92 % 0 pp 92 % 92 % 0 pp Sales (32.0) (30.4) +5% (65.0) (61.5) 6 % % of Revenue -18% -16% -18 % -16 % Marketing (22.3) (30.7) -28% (40.6) (56.3) -28 % % of Revenue -12% -16% -11 % -15 % R&D (24.0) (21.4) +12% (47.6) (43.5) 9 % % of Revenue -13% -11% -13 % -11 % G&A (9.7) (9.3) +4% (19.1) (19.4) -2 % % of Revenue -5% -5% -5 % -5 % Other1 (0.7) 0.6 -226% (1.6) (2.8) -43 % % of Revenue 0% 0% 0 % -1 % Total Opex (88.7) (91.2) -3% (174.0) (183.7) -5 % % of Revenue -49% -48% -48 % -48 % Total Costs2 (103.8) (106.7) -3% (204.0) (215.3) -5 % Adjusted EBITDA 78.9 84.0 -6% 161.9 165.6 -2 % % Margin 43% 44% -1 pp 44 % 43 % 1 pp Adjusted P&L management view based on recurring cost 1 Incl. other income/expenses and bad debt expenses of €-1.7m in Q2 2026 and €-1.9m in Q2 2025 / €-3.8m in 6M 2026 and €-5.4m in 6M 2025. 2 Total Costs are the sum of Cost of Goods Sold (COGS) and Total Opex. Q2 2026 Results
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36 Q2 2026: Reconciliation management metrics to IFRS in € million Management view Revenue adj. P&L D&A Other non-IFRS adjustments Accounting view IFRS P&L Revenue 182.7 182.7 Cost of Goods Sold (COGS) (15.1) (9.4) (0.3) (24.9) Gross profit contribution 167.6 157.9 % of Revenue 92% 86% Sales (32.0) (1.4) (2.2) (35.6) Marketing (22.3) (0.4) (0.5) (23.2) R&D (24.0) (1.5) (1.1) (26.6) G&A (9.7) (0.5) (2.7) (12.9) Other1 (0.7) 0.0 (1.6) (2.3) Adj. EBITDA 78.9 % of Revenue 43% D&A (ordinary only)2 (5.5) Adj. EBIT / Operating profit (EBIT) 73.4 (7.7)3 (8.4) 57.3 % of Revenue 40% 31% D&A (total)2+3 13.3 EBITDA 70.6 % of Revenue 39% 1 Incl. other income/expenses and bad debt expenses of €1.7m 2 D&A excl. amortization intangible assets from PPA 3 Amortization intangible assets from PPA Q2 2026 Results
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37 6M 2026: Reconciliation management metrics to IFRS in € million Management view Revenue adj. P&L D&A Other non-IFRS adjustments Accounting view IFRS P&L Revenue 365.9 365.9 Cost of Goods Sold (COGS) (30.0) (18.9) (0.4) (49.3) Gross profit contribution 335.9 316.6 % of Revenue 92% 87% Sales (65.0) (2.7) (2.7) (70.4) Marketing (40.6) (1.1) (0.5) (42.1) R&D (47.6) (2.9) (1.5) (52.1) G&A (19.1) (1.0) (5.7) (25.7) Other1 (1.6) 0.0 (5.5) (7.1) Adj. EBITDA 161.9 % of Revenue 44% D&A (ordinary only)2 (11.0) Adj. EBIT / Operating profit (EBIT) 150.9 (15.5)3 (16.3) 119.1 % of Revenue 41% 33% D&A (total)2+3 26.5 EBITDA 145.7 % of Revenue 40% 1 Incl. other income/expenses and bad debt expenses of €3.8m 2 D&A excl. amortization intangible assets from PPA 3 Amortization intangible assets from PPA Q2 2026 Results
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38 Non-IFRS adjustments in EBITDA in € million (unless otherwise stated) Basis of preparation / definition Q2 2026 Q2 2025 6M 2026 6M 2025 EBITDA APM 70.6 77.9 145.7 144.4 Total IFRS 2 charges (expenses for share- based compensation) APM +1.7 +4.8 +2.6 +11.3 TeamViewer LTIP APM +0.3 -0.5 +0.2 +1.2 RSU/PSU1 APM +1.4 +4.2 +2.4 +7.9 M&A related share-based compensation APM 0.0 +0.1 0.0 +0.2 Share-based compensation by TLO2 APM 0.0 +1.1 0.0 +2.0 1E acquisition related integration & transaction costs APM +0.8 +1.8 +2.7 +7.3 Other material items APM +4.0 +0.7 +5.0 +3.8 Financing APM 0.0 0.0 0.0 0.0 Other APM +4.0 +0.7 +5.0 +3.8 Valuation effects APM 2.0 (6.2) 5.9 (11.7) Adjusted EBITDA APM 78.9 79.0 161.9 155.1 Add back: 1E deferred revenue haircut Pro forma adjustment — +5.0 — +10.5 1E January 2025 Adjusted EBITDA Pro forma adjustment — — — 0.0 Adjusted EBITDA3 78.9 84.0 161.9 165.6 Adjusted EBITDA margin (%)3 APM 43 % 44 % 44 % 43 % 1 Refers to the Restricted Stock Unit Plan (RSU) and Phantom Stock Unit Plan (PSU) introduced by TeamViewer in 2022. 2 Pre-IPO management incentive program provided by Tiger LuxOne S.à r.l. 3 2025 comparables contain pro forma adjustments. In Q2 2026, Non-IFRS EBITDA adjusted by 1) non-recurring items ◦ IFRS2, mainly RSU ◦ 1E acquisition related items ◦ Other material items including one-off personnel related costs ◦ Valuation effects from fair value derivatives of future USD hedges due to changing EUR/ USD development Q2 2026 Results
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39 EBITDA to net income in € million (unless otherwise stated) Q2 2026 Q2 2025 ∆ % 6M 2026 6M 2025 ∆ % EBITDA 70.6 77.9 -9% 145.7 144.4 +1% D&A (13.3) (14.0) -5% (26.5) (27.3) -3% Operating Profit (EBIT) 57.3 63.9 -10% 119.1 117.1 +2% Financial / FX result (10.5) (26.4) -60% (21.4) (33.4) -36% Share of profit/loss of associates (1.6) (1.0) +62% (2.4) (3.2) -23% Profit before tax (EBT) 45.2 36.5 +24% 95.3 80.6 +18% Income taxes (15.1) (13.9) +8% (31.0) (28.3) +10% Net income 30.1 22.6 +33% 64.3 52.2 +23% Basic number of shares issued and outstanding1 in m 157.8 157.0 +1% 157.8 157.0 +1% EPS (basic) in € 0.19 0.14 +32% 0.41 0.33 +22% Adjusted EPS (basic)2 in € 0.27 0.28 -5% 0.56 0.57 -3% 1 Period average, without treasury shares. 2 2025 comparables contain pro forma adjustments. Q2 2026 Results
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40 Adjusted net income & EPS 1 Period average, without treasury shares. 2 Pro forma is only calculated for Q4/FY 2025. in € million (unless otherwise stated) Basis of preparation / definition Q2 2026 Q2 2025 6M 2026 6M 2025 Net income IFRS 30.1 22.6 64.3 52.2 Expenses for share-based compensation APM +1.7 +4.8 +2.6 +11.3 PPA depreciation and amortization APM +7.7 +7.4 +15.5 +13.5 Other material items APM +6.7 -3.7 +13.7 -0.6 Extraordinary effects in finance result APM +0.6 +16.0 +0.2 +17.5 Income tax items to be adjusted APM -4.3 -6.5 -8.5 -10.7 Adjusted net income APM 42.5 40.6 87.7 83.2 Add back / deduct: 1E deferred revenue haircut1 Pro forma adjustment — +3.8 — +7.9 1E January 2025 adjusted net income Pro forma adjustment — 0.0 — -1.1 Adjusted net income2 42.5 44.3 87.7 90.0 Basic number of shares issued and outstanding 157,794,594 156,966,162 157,794,594 156,966,162 Adjusted earnings per share – basic (in €)2 APM 0.27 0.28 0.56 0.57 Q2 2026 Results 1 1E revenue haircut Q2 2025 post tax at assumed 25% corporate tax rate. 2 2025 comparables contain pro forma adjustments.
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The Digital Workplace Company Financial Calendar 3 November 2026 Q3 2026 Results & Analyst Call