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1 Q3 2026 Results Presentation 1 Investor Relations Department November 04th 2026
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DISCLAIMER This document has been prepared exclusively by Prosegur for use as part of this presentation. The information contained in this document is provided by Prosegur solely for information purposes, in order to assist parties that may be interested in undertaking a preliminary analysis of it; the information it contains is limited and may be subject to additions or amendments without prior notice. This document may contain projections or estimates concerning the future performance and results of Prosegur’s business, which may have not been verified or revised by the Auditors of Prosegur. These estimates derive from expectations and opinions of Prosegur and, therefore, are subject to and qualified by risks, uncertainties, changes in circumstances and other factors that may result in actual results differing significantly from forecasts or estimates. Prosegur assumes no liability nor obligation to update or review its estimates, forecasts, opinions or expectations. The distribution of this document in other jurisdictions may be prohibited; therefore, the recipients of this document or anybody accessing a copy of it must be warned of said restrictions and comply with them. This document has been provided for informative purposes only and does not constitute, nor should it be interpreted as an offer to sell, exchange or acquire or a request for proposal to purchase any shares in Prosegur. Any decision to purchase or invest in shares must be taken based on the information contained in the brochures filled out by Prosegur.
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3 Key milestones NewsGrowth Profitability Cash Flow Sales 3,946 €M +7.5% YoY Operating CF 135 €M +11.0% YoY EBITA 254 €M -1.7% YoY Net Profit 5.6% YoY 1 1 1 2 Cash • EBITDA improvement of 1.2% Improved operating cash flow • Alarms: quality based growth • Efficient tax management Rating S&P • BBB rating affirmed and outlook upgraded to Stable 3 Prosegur Technology & Defense • Advanced Solutions Integrator • Trusted technology partner 3 Alarms • Higher contribution from MPA • Impact from customer portfolio optimization 2 Security • EBITA increased by 9% YoY. Continued quarter-on-quarter improvement 2 Working capital mix • Effective management in CASH • Volume growth in Security USA 3 Reduction in leverage ratio • Focus on the gradual reduction of debt 1 Sales growth • Outstanding organic growth of 7%, led by the U.S • Positive foreign exchange impact 2 Diversified growth • Sustained growth in sales across all regions Movistar Prosegur Alarmas • Surpassed 650,000 connections, with an annual growth projection of 10% • Smart lock
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4 Sales by Region Total Sales 3,672 9M 25 +7.0% Org 0.0% Inorg 9M 26 pre-FX +0.5% FX(1) 9M 26 3,929 3,946 450 527 Europe LatAm RoW 1,8581,503 1,561 1,719 7.5% 3.8% 8.1% 17.1% Profitability – EBITA €M Evolution 9M 26 vs 25 EBITA EBITA % 258 254 9M 25 9M 26 7.0% 6.4% 1.7% Security Q3 standalone EBITA margin of 3.8% Organic growth of 32% in the United States Alarms Improved service margin, despite the macroeconomic environment in Argentina Cash 2.6% organic growth and FX slightly positive Sales in euros increased by 5.3% during the quarter 1.4%Sales EBITA CASH 2.4% Security (2) Prosegur Alarms (3) 9.8%Sales EBITA 9.0% 16.3%Sales Service Margin% 1.7% Sales and Profitability €M amounts €M amounts €M amounts (1) Includes FX and IAS 21 and 29 (2) Includes Security and Cipher (3) Prosegur Alarms excludes MPA
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5 Income Statement €M amounts 9M 2025 9M 2026 Variation SALES 3,672 3,946 7.5% Organic Growth +11.2% +7.0% Inorganic Growth +0.5% 0.0% FX -9.2% +0.5% EBITDA 409 435 6.2% Margin 11.1% 11.0% Depreciation (151) (181) EBITA 258 254 -1.7% Margin 7.0% 6.4% Amortization of intangibles and impairments (22) (23) EBIT 236 230 -2.3% Margin 6.4% 5.8% Financial result (61) (61) Profit before taxes 175 169 -3.4% Margin 4.8% 4.3% Taxes (79) (70) Tax Rate 45.01% 41.04% Net Profit 96 100 3.6% Minorities (14) (13) CONSOLIDATED NET PROFIT 82 87 5.6% Financial Result Taxes Net Profit Foreign Exchange Foreign Exchange +0.5% Impact on YTD sales Financial Result 0.7% Compared with the same period last year Continued growth in consolidated net profit, supported by effective tax management and disciplined financing cost control Continued improvement in the effective tax rate, supported by disciplined tax management and stronger profitability across geographies Favorable foreign exchange impact during the period Strict control of financial expenses, which is particularly noteworthy in the current environment of rising interest rates Net Profit 5.6% Compared with the same period last year Tax Rate 397bps Significant improvement during the period
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6 Consolidated cash flow €M amounts 9M 2025 9M 2026 EBITDA 409 435 Provisions and other non-cash items (47) (66) Tax on profit (81) (69) Changes in working capital (127) (128) Interest payments (33) (37) Operating Cash Flow 121 135 Acquisition of property, plant & equipment (124) (115) Free Cash Flow (2) 19 Payments for the acquisition of subsidiaries (12) (10) Dividend payments (3) (5) Treasury shares and others (26) (33) Total Net cash flow (44) (29) 64 15 141 139 -218 -165 9M 25 9M 26 1,356 1,386 1,3971,369 Net Debt / EBITDA 2.4x Average cost of debt 3.1% €M amounts Net Debt Initial Net Financial Debt (1,305) (1,377) Net increase / (decrease) in cash (44) (29) Exchange rate (20) 8 Final Net Financial Debt (1,369) (1,397) Financial investments (1) 218 165 Outstanding deferred payments and treasury shares (64) (15) IFRS 16 Debt (141) (139) Net Debt (1,356) (1,386) Reduction in net financial debt during the quarter Controlled leverage with a solid financial structure (2) % Fixed rate 64% Average maturity 3.6 years Financial Net Debt Debt IFRS 16 Financial investments Deferred payments and treasury shares Rating S&P BBB Stable (1) Telefónica shares valued at market price at period-end (2) Includes net financial debt, IFRS 16, deferred payments, treasury shares and financial investments. EBITDA LTM
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7 Results by Business 2
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8 9M 25 +2.6% Org -1.3% Inorg +0.2% FX (1) 9M 26 1,488 1,510 2.4% 9.3%1.4% Transformation Products as % of sales 36.2% EBITA margin 10.6% • Sales growth of 5.3% in the quarter • Transformation Products represented 36.2% of sales 164 160 11.0% 9M 25 10.6% 9M 26 • EBITDA up 1.2%, with margin in line YoY • Strong performance from Cash Today • Operating cash flow increased by 9.3%, supported by disciplined working capital management and lower cash outflows from taxes Operating cash generation 119€M 109 119 9M 25 9M 26 Growth €M Profitability EBITA €M Operating Cash Flow €M (1) Includes FX and IAS 21 and 29
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9 Organic Growth 8.8% Profitability increase 9% Operating cash flow 15€M 9M 25 +8.8% Org 0.0% Inorg +0.9% FX (2) 9M 26 2,1371,947 31 15 9M 25 9M 26 • Sales growth was driven by the U.S., Iberia and Colombia • The U.S. is the second-largest contributor to sales, delivering 32% organic growth • Continued quarterly margin improvement, supported by Hybrid Security and geographic diversification • Profitability was impacted by the macroeconomic environment in Argentina • Working capital impacted by strong volume growth in the U.S. market • Greater fiscal impact due to improved results 66 72 3.4% 9M 25 3.4% 9M 26 EBITA Mrg. EBITA 9.0%9.8% (1) 50.1% (3) Growth €M Profitability EBITA €M Operating Cash Flow €M (1) Includes Security and Cipher (2) Includes FX and IAS 21 and 29 (3) September 2025 pro forma EBITA, restated in accordance with the reporting criterion adopted since December 2025 (excluding corporate costs)
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10 Prosegur Technology & Defense Opportunity Market expansion Technological Sovereignty in Spain and Europe New growth vertical 2 Positioning • Trusted technology partner • Differentiated value proposition Differentiation 2 1 • Expansion of the existing Technology vertical • Solutions for the Defense sector Advanced solutions integrator Defense Platform 2 Open architecture Value Proposition • Data, Sensors, and Communications • Real-time actionable insights • Integrated, interoperable and scalable • Cross-functional services Decision-making Critical technology Key technological capabilities 2 Areas of expertise • Simulation, command and control • Security, surveillance and cybersecurity 2 • AI, advanced analytics, and private 5G • Critical communications, drones and robotics Critical and complex operating environments Situational awareness Ambition Hybrid model • Alliances with specialized partners • In-house capabilities and real- world experience • Global positioning • A major player in the Defense sector Capabilities Execution 1 1 2 1
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11 Revenues (2) Profitability BTC 2.2% Churn Rate 12% 9M 25 14% 9M 26 9% 9M 25 9% 9M 26 230 bps 13 bps New Clients 62K 46K 90K 86K 9M 25 9M 26 Service marginARPU Prosegur Alarms Movistar Prosegur Alarmas 9M 25 9M 26 1,169€ 1,341€ 9M 25 9M 26 1,497€ 1,633€ 39.4 9M 25 41.3 9M 26 43.0 44.3 Discount linked to customer acquisition 2.7% 2.9% Organic growth Only of Prosegur Alarms 16.8% Scoring clients (5) Activation fee revenues increase c.70% YoY 9M 25 16.8% Org 1.6% Inorg -2.1% FX(3) 9M 26 174 202 16.3% 44.0 9M 25 45.1 9M 26 45.5 46.7 +2.5% +4.8% 14.7% 9.1% 22 26 9M 25 9M 26 23 27 Depreciation 1.7% 15.0% 19 19 9M 25 9M 26 20 21 +15.2% +0.8% 46%46% 64%59% 599k 436k 9M 25 651k 407k 9M 26 1,035k 1,058k (1) Customer base Acquisition margin (4) €M amounts (1) Optimized Prosegur Alarms customer base, aligned with the new quality-customer-focused policy (2) Reported Alarms sales belonging exclusively to Prosegur Alarms, MPAs sales are not included (3) Includes FX and IAS 21 and 29 (4) Acquisition margin, excluding financial effects (5) Prosegur Alarms only
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12 4,6/5 13.274 Reviews 5/5 53.358 Reviews OCU 90/100 Customer base tripled in 6 years Customer Base X3.25 Highest-rated by customers Network of partnerships across 5 strategic sectors BANKING INSURANCE LOGISTICS ENERGY RETAIL World’s Top 10 Alarms companies World’s Top 10 +650k
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13 Conclusions 3
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14 Group Cash Security Alarms Conclusions Growth Profitability Cash Flow Sales increased by 7.5%, driven by strong organic growth EBITDA improvement of 1.2% 9.3% improvement in operating cash flow EBITA up 9% YoY, with continued quarter-on- quarter improvement Working capital affected by strong volume growth in the U.S €67M recurring rolling cash flow, for reinvestment in sustainable growth EBITA impacted by product mix, Argentina macro and geopolitics Deleveraging and improved S&P rating outlook 2.6% organic growth, with Transformation Products accounting for 36.2% of sales Sales increased by 9.8%, led by the U.S., the Group’s second-largest market by volume MPA: BTC growth over 8%. Row: Optimized customer portfolio MPA higher contribution Row: Service M. improvement, despite Argentina macro
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15 Q&A 4
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16 Financial Calendar Investor Relations Contact Cristina Casado Barroso Investor Relations Director cristina.casado@prosegur.com accionistas@prosegur.com 12 Herberto Gut Street, 28007, Madrid, Spain +34 915 588 021 Prosegur promotes open and proactive communication with capital markets and their participants, with the aim of achieving a fair and appropriate valuation of the company, in line with the principles of responsibility and sustainability it upholds. Adobe Acrobat Icon Vector Art, Icons, and Graphics for Free Download Communication Policy with Shareholders, Institutional Investors and Proxy Advisors Communication Policy with Shareholders, Institutional Investors and Proxy Advisors BNP Paribas Spain Investors Day Madrid 13 January 2027 Santander Iberian Conference Madrid 27 January 2027 Result Presentation FY2026 26 February 2027 Santander European Small & Mid Caps Opportunities New York 17 November 2026