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Q3 2026 REVENUE October 21, 2026 1
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” DISCLAIMER 2 This presentation contains statements related to our future business and financial performance and future events or developments involving Bureau Veritas that may constitute forward-looking statements. These statements are based on current plans and forecasts of Bureau Veritas’ management and may be identified by words such as “expect”, “forecast”, “look forward to”, “anticipate”, “intend”, “plan”, “believe”, “seek”, “estimate”, “will”, “project” or words of similar meaning. Such forward-looking statements are by their nature subject to a number of risks, uncertainties and factors, including without limitation those described in the Document d’enregistrement universel filed with the French Autorité des marchés financiers (“AMF”), that could cause actual results to differ from the plans, objectives and expectations expressed in such forward-looking statements. These forward-looking statements speak only as of the date on which they are made, and Bureau Veritas undertakes no obligation, except to the extent required by law, to update or revise any of them, whether as a result of new information, future events or otherwise.
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SUMMARY To change the visual: • Remove the visual • Click on the icon in the center of the gray block • Import a visual from your computer • To crop the image, in “Picture Tools”, click on “crop” tab and choose the desired option. Adapt (move, zoom in or out) the image To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 3 01 02 03 04 HIGHLIGHTS FINANCIAL REVIEW PORTFOLIO BUSINESS HIGHLIGHTS OUTLOOK & LEAP | 28 UPDATE
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To change the visual: • Remove the visual • Click on the icon in the center of the gray block • Import a visual from your computer • To crop the image, in “Picture Tools”, click on “crop” tab and choose the desired option. Adapt (move, zoom in or out) the image To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 01. Highlights 4
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 5 2024-2026 delivery on track Operating model multi specialist 2027-2028 amplify on execution Leveraging AI AI-driven markets and services revenue ambition of €1bn by 2030 Solid Q3 with a sequential organic growth improvement year-to-date Confirmed 2026 outlook KEY Q3 HIGHLIGHTS IMPROVING MOMENTUM THROUGHOUT THE YEAR LEAP | 28 Revenue Beyond 2028 5
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 6 Q3 2026 REVENUE DOUBLE DIGIT TOTAL GROWTH ACHIEVED Q 3 2 0 2 6 R E V E N U E TOTAL GROWTH +10.1% +1.8% (0.9)% disposals +2.7% acquisitions ORGANIC SCOPE CURRENCY +6.2% Sequential acceleration +2.1% Strengthening of the dollar against the euro Q3 REVENUE €1.57bn +8.0% at constant currency
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 7 HIGH-SINGLE TO DOUBLE-DIGITLOW-SINGLE-DIGIT MID-SINGLE-DIGIT SEQUENTIAL QUARTERLY ORGANIC GROWTH IMPROVEMENT A MULTI-SPECIALIST SIMPLIFIED GROWTH ALGORITHM +7.9% +7.0% +5.1% +3.2% Buildings & Infrastructure Business Assurance Product Testing & Services Industrials & Commodities +14.3% for Metals & Minerals > +40.0% for Mission Critical assets +10.3% for Technology Q3 2026 organic growth by division
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” c.34% c.30% c. 27% c.9% Asia Pacific Europe Americas 8 Middle East & Africa +5.6% SEQUENTIAL QUARTERLY ORGANIC GROWTH ACCELERATION IN PERCENTAGE OF GROUP REVENUE › Resilient and broad organic growth across geographies Q3 2026 +6.2% organic growth organic growth% +8.7% +2.6% +8.6%
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To change the visual: • Remove the visual • Click on the icon in the center of the gray block • Import a visual from your computer • To crop the image, in “Picture Tools”, click on “crop” tab and choose the desired option. Adapt (move, zoom in or out) the image To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 02. Financial review 9
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” François 10 +8.0% at constant currency Q3 2025 Organic Scope Currency Q3 2026 1.8% 2.1% 1 1,425.2 1,569.7 (1) Alternative performance indicators are presented, defined and reconciled with IFRS in appendix of this presentation Q3 2026 TOTAL REVENUE GROWTH OF 10.1% REVENUE EVOLUTION VARIATION ANALYSIS In € million +6.2%
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” François 11 +6.1% at constant currency 9M 2025 Organic Scope Currency 9M 2026 +5.7% +0.4% (1.2)% 1 4,302.8 4,513.8 (1) Alternative performance indicators are presented, defined and reconciled with IFRS in appendix of this presentation 9M 2026 TOTAL REVENUE GROWTH OF 4.9% REVENUE EVOLUTION VARIATION ANALYSIS In € million
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 12 Business Assurance Buildings & Infrastructure Industrials & Commodities Total Group Product Testing & Services % of 9M revenue 100% 35% 9% 38% 18% 3.9% 8.5% 2.3% 6.1% 5.7% (0.3)% 1.5% 0.5% (0.1)% 0.4% 5.1% 7.9% 3.2% 7.0% 6.2% 0.8% 4.2% 0.1% 0.2% 1.8% 9M 2026 Q3 2026 +5.9% +12.1% +7.2% +3.3% Growth at cc +8.0% REVENUE GROWTH BY BUSINESS Organic Scope
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” LEAP | 28 – EXECUTE 2024-2026 ACTIVE PORTFOLIO MANAGEMENT – 5 ACQUISITIONS YEAR-TO-DATE €1.2bn revenue acquired, sold or to be exited 21.0% of portfolio rotation 297 95 69 768 768 69 297 95 21 Expand Leadership 6 acquisitions 2 divestments New Strongholds 15 acquisitions Optimize Value & Impact 3 acquisitions 2 divestments 1 exit 24 Acquisitions c.€413m1 4 Divestments & exits c.€837m1 (1) based on annualized revenue at announcements 13
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” NEW 2034 BOND › €700M bond issuance in September 2026 › 8 years › 4,125% coupon › Rated A3 by Moody’s BOND ISSUANCE IN ADVANCE OF DEBT REFINANCING 500 500 700 700 500 200 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 Bond Bond already refinanced › 500M€ bond maturing in January 2027, already refinanced through 700M€ bond issued in September 2026 › No refinancing needs before 2031 › Fixed interest rates › Strong financial structure, rated A3 (stable outlook) by Moody’s 2.0x covered Strong investor confidence Maturity 14
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To change the visual: • Remove the visual • Click on the icon in the center of the gray block • Import a visual from your computer • To crop the image, in “Picture Tools”, click on “crop” tab and choose the desired option. Adapt (move, zoom in or out) the image To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 03. Portfolio business highlights 15 I&C 38% B&I 35% B&A 9% PT&S 18%
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” • Energy & Industrial Assets: low single digit • Commodities: high single digit • Marine & Offshore: high single digit INDUSTRIALS & COMMODITIES 38% OF YTD GROUP REVENUE OG 25% 24% 51% Organic growth Q3 2025 Organic Scope Currency Q3 2026 16 +5.1% +2.8% 543.7 +0.8% 591.0 Energy & Industrial Assets › Strong Oil & Gas capex spend driving double digit growth, partly offset by deferred Opex operations Commodities › Continuous strength in mining upstream activities driving strong growth for Metals & Minerals Marine & Offshore › Capex sustained double-digit growth on backlog conversion › Record order backlog of 36.3m gross tons Strong growth in Oil & Gas Capex, Commodities and Marine & Offshore Key Q3 2026 Figures Divisional revenue breakdown
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” Excellent growth for Buildings Capex and solid growth for Infrastructure BUILDINGS & INFRASTRUCTURE Q3 2025 Organic Scope Currency Q3 2026 35% OF YTD GROUP REVENUE OG 82% 8.5% Infra 18% 5.4% 18% 82% • Buildings: High single digit • Infrastructure: Mid single digit 17 +7.9% +1.6% 494.3 +4.2% 562.3 Buildings › Capex delivered double-digit organic growth › Mission Critical Assets is an important growth engine led by data centers commissioning and above expectations growth of LotusWorks › Resilient French Opex operations supported by recurring safety and environmental-related regulatory inspections Infrastructure › Recurring programs in Europe and continuous growth in Australia and emerging markets Key Q3 2026 Figures Organic growthDivisional revenue breakdown
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” Sustained growth in Transition Services BUSINESS ASSURANCE 9% OF YTD GROUP REVENUE OG Cert 92% 3.8% DA 8% -3.6% 8% 92% • Certification Solutions: mid single digit Q3 2025 Organic Scope Currency Q3 2026 18 +3.2% +1.1% 131.6 +0.1% 137.4 Certification Solutions › Strong commercial momentum in Transition services, driven by carbon management, supply chain and advisory solutions Digital Assurance › Reshaping services offering with high growth in Certification services offsetting offensive security testing reduction • Digital Assurance: low-single digit contraction Key Q3 2026 Figures Organic growthDivisional revenue breakdown
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” Broad growth across all Product Lines PRODUCT TESTING & SERVICES 18% OF YTD GROUP REVENUE 22% 24% 54% • Consumer: mid single digit • Technology: double-digit • Industrial Product Certification: high single digit OG Consumer 54% 5.6% Tech 24% 10.3% IPC 22% 7.0% 19 Q3 2025 Organic Scope Currency Q3 2026 +7.0% +2.0% 255.6 +0.2% 279.0 Consumer › Growth driven by sourcing shifts toward China Technology › Electronics and Mobility drove the organic growth › AI-enabled device renewals and local market access testing requirements supported demand Industrial Product Certification › Pressure vessel and welding services supported high-single-digit organic growth › Rail and green mobility in Europe also contributed Key Q3 2026 Figures Organic growthDivisional revenue breakdown
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To change the visual: • Remove the visual • Click on the icon in the center of the gray block • Import a visual from your computer • To crop the image, in “Picture Tools”, click on “crop” tab and choose the desired option. Adapt (move, zoom in or out) the image To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 04. Outlook and LEAP | 28 update 20
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” CONFIRMED 2026 OUTLOOK 21 Based on a solid 9-month performance, a robust pipeline of opportunities and the a reshaped portfolio1, the Company is confirming its full-year 2026 guidance as follows: Improved adjusted operating margin2 Mid-to-high single-digit organic revenue growth Strong cash flow generation (1) As per IFRS 5, excluding the activities planned for exit (Oil & Petrochemicals and Coal Testing and Inspection and from the “Government Services” businesses) (2) At constant currency
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Sustainability Tech augmented ways of working PerformanceledexecutionFocusedPortfolio Optimize value and impact “Neweconomy”skills Evolved people model Operational leverage and functional scalability Innovation New strongholds Expand leadership Execute 2024–2026 Amplify 2027–2028 LEAP | 28 AMBITION 22
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 23 LEAP | 28 – SIMPLIFYING OUR GROWTH ALGORITHM A NEW OPERATING MODEL Bureau Veritas, a multi-specialist Company 4 Divisions 10 product lines ACTIVE PORTFOLIO MANAGEMENT PRODUCT LINE CENTRIC ORGANISATION Industrials & Commodities Buildings & Infrastructure Business Assurance Product Testing & Services 37% 36% 10% 17%
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” Dual growth engine M&A Organic Growth 24 Programmatic bolt-on M&A Strategic mid-sized M&A Selective disposals Scaling new services Expansion into new geographies (1) Scope adjusted from activities planned for exit (Oil & Petrochemicals and Coal Testing and Inspection business, Government Services) LEAP | 28 A SELF-SUSTAINING DYNAMIC OF M&A AND ORGANIC GROWTH
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” Organic Growth Dual growth engine M&A Mid-to-high single-digit 2027-2028 1 Outlook 25 (1) Scope adjusted from activities planned for exit (Oil & Petrochemicals and Coal Testing and Inspection business, Government Services) LEAP | 28 A SELF-SUSTAINING DYNAMIC OF M&A AND ORGANIC GROWTH 2027-2028 Outlook Double digit total revenue growth
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” LEAP | 28 Performance and people Sustainability Tech augmented ways of working Performanceledexecution “Neweconomy”skills Evolved people model Operational leverage and functional scalability Innovation New strongholds Expand leadership Optimize value and impact PERFORMANCE PEOPLE 26 Amplify 2027–2028 Tangible progress at scale with 110bps delivered so far Process modernization to integrate AI Clear path towards 2028 ambitions of 180bps Equip experts with digital and AI skills to accelerate growth and performance (1) At constant currency
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 27 New Markets - New Ways of Working - New Services Our capabilities Enhancing ways of delivering trust… …Trust secured by Bureau Veritas AI scale and risks Our services AI AI technologies BUREAU VERITAS’ OPPORTUNITIES IN A TECHNOLOGY RESHAPING WORLD 27
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” BUREAU VERITAS AI OPPORTUNITIES NEW WAYS OF WORKINGNEW SERVICESNEW MARKETS €800m revenue by 2030 €200m revenue by 2030 60% of portfolio1 fully AI-integrated by 2030 28 (1) In terms of revenue
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 29 1.5x–2x Strong Confirmed Confirmed Upgraded to double-digit Confirmed Mid-to-high-single-digit organic revenue growth High-single-digit total revenue CAGR1 Above 90%2 cash conversion 1x–2x leverage Double-digit shareholder returns, based on EPS CAGR1,3 + dividend yield Consistent Margin improvement1 GROWTHMARGINRETURNS CASH €1bn by 2030 AI ambition (1) At constant currency (2) (Net cash generated from operating activities - lease payments + income tax) / adjusted operating profit (3) Adjusted attributable net profit divided by the number of shares LEAP | 28 AMBITION UPGRADED 2028 Outlook confirmed 2027-2028 Total growth upgrade
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 30 CLOSING REMARKS Q3 2026 consistent, reliable and resilient execution. Confirmed 2026 outlook A new operating model anchoring LEAP | 28 execution and enabling an acceleration of Performance and People programs AI, a growth and performance catalyst
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 2026 & 2027 FINANCIAL CALENDAR › FY 2026 results: February 25, 2027 › Q1 2027 revenue: April 22, 2027 › H1 2027 results: July 27, 2027 › Q3 2027 revenue: October 21, 2027 A G E N D A Our information is certified with blockchain technology. Check that this presentation is genuine at www.wiztrust.com Bureau Veritas has been ranked in the Top 5 most transparent companies of the SBF120 index at the 2026 Transparency Awards (July 2, 2026) 32Q 3 2 0 2 6 R E V E N U E
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 33 CONTACTS I N V E S T O R R E L AT I O N S D E P A R T M E N T BUREAU VERITAS SA - TOUR ALTO 14 RUE LOUIS BLANC, 92 400 COURBEVOIE Laurent Brunelle Head of Investor Relations, Financial Communication and Non-Financial Rating Agencies +33 (0) 7 79 52 69 21 laurent.brunelle@bureauveritas.com Colin Verbrugghe Investor Relations Director +33 (0) 6 80 53 26 72 colin.verbrugghe@bureauveritas.com Inès Lagoutte Investor Relations Officer ines.lagoutte@bureauveritas.com Romain Gorge Group CSR Reporting Director romain.gorge@bureauveritas.com Q 3 2 0 2 6 R E V E N U E
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To change the visual: • Remove the visual • Click on the icon in the center of the gray block • Import a visual from your computer • To crop the image, in “Picture Tools”, click on “crop” tab and choose the desired option. Adapt (move, zoom in or out) the image To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 06. Appendix 34
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To change the visual: • Remove the visual • Click on the icon in the center of the gray block • Import a visual from your computer • To crop the image, in “Picture Tools”, click on “crop” tab and choose the desired option. Adapt (move, zoom in or out) the image To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” PROGRESSING OUR CLIMATE AND SUSTAINABILITY AGENDA 35 (1) Scope 1 and Scope 2 greenhouse gas emissions are calculated over a rolling 12-month period. The most recent quarter is estimated based on the corresponding quarter from the previous fiscal year. (2) TAR: Total Accident Rate (number of accidents with and without lost time x 200,000/number of hours worked). (3) Proportion of women from the Executive Committee to Band II (internal grade corresponding to a management or executive management position) in the Group (number of women on a full-time equivalent basis in a leadership position/total number of full-time equivalents in leadership positions). (4) Number of learning hours per employee is calculated over a 12-month period. › Bureau Veritas obtained SBTi validation of its enhanced Scope 3 methodology and associated 2030 targets, marking an important milestone in the execution of its climate strategy and reinforcing the credibility of its decarbonization commitments › The enhanced methodology provides deeper visibility into value-chain emissions and strengthens the Group's ability to track progress, engage with suppliers and clients, and support the transition to a lower-carbon economy Q3 2025 Q3 2026 2028 target Scope 1 & 2 CO2 emissions (in thousand tons)1 128 122 107 Total Accident Rate (TAR)2 0.24 0.23 0.23 Gender balance in senior leadership (EC-II)3 27.0% 30.7% 36.0% Number of learning hours per employee (per year)4 40.0 45.3 40.0 Proportion of employees trained to the Code of Ethics 99.4% 99.6% 99.0%
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 36 Main ratings to nurture reputation with clients and trust with investors July 2026 December 2025 December 2025 June 2026 November 2025 August 2026 BUREAU VERITAS AIMS TO BE THE LEADER IN NON-FINANCIAL RATINGS
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 37 Expand leadership in existing strongholds Create new growth strongholds Optimize value and impact • Below group average growth and margin • Proceeds to be redeployed to higher-growth and higher-margin businesses Expected closing: end of Q1 2027 Oil & Petrochemicals and Coal activities €470m Enterprise value 11.1x EV/EBIT multiple1 c. €450m revenue generated1 (1) Based on full year 2025 figures LEAP | 28 ACTIVE PORTFOLIO MANAGEMENT DIVESTMENT OF OIL & PETROCHEMICALS AND COAL ACTIVITIES
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To change the visual: • Remove the visual • Click on the icon in the center of the gray block • Import a visual from your computer • To crop the image, in “Picture Tools”, click on “crop” tab and choose the desired option. Adapt (move, zoom in or out) the image To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” EVOLVING OUR REPORTING FROM SIX TO FOUR REPORTING LINES 38 PRODUCT TESTING & SERVICES BUSINESS ASSURANCE BUILDINGS & INFRASTRUCTURE INDUSTRIALS & COMMODITIES NEW REPORTING1 4 REPORTING LINES Why we went from 6 to 4 divisions: On part des trends, mid PORTFOLIO PIVOTS? Midpoint of strategy VERY CLEAR ON TRENDS > industrial, energy, antural resources, shipping growth mkts : focus on Industru B&I : anchor market, urbanization & needs around infrastructures Assurancel; risk based approach on existing or emerging topics (Sustainability, digital assurance) Products Evolving market drivers Full alignment with current organization 1 2 3 4 LEAP | 28 portfolio rotation progress Simplification of the equity story MARINE & OFFSHORE AGRI-FOOD & COMMODITIES INDUSTRY BUILDINGS & INFRASTRUCTURE CERTIFICATION CONSUMER PRODUCTS SERVICES CURRENT REPORTING 6 REPORTING LINES (1) The change will be effective starting from July 1st and will be reflected in the Q3 revenue publication
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” BUSINESS ASSURANCE 39 • Energy & Industrial assets • Commodities – Metals & Minerals, Agriculture • Marine & Offshore • Buildings • Infrastructure • Certification Solutions • Digital Assurance1 • Consumer • Technology • Industrial Products Certification • Oil & Petrochemicals and Coal testing & inspection • Government Services 37% 37% 36% 10% 17% PRODUCT TESTING & SERVICES BUILDINGS & INFRASTRUCTURE INDUSTRIALS & COMMODITIES 17% ACTIVITIES PLANNED FOR EXIT REPORTING ALIGNED WITH THE ORGANIZATION of business breakdown (1) Cyber & AI assurance and other digital services
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 40 2024 Closing dates or agreement dates for non-closed deals H1 | H2 YTD2025 2026H1 | H2 Annualized revenue of acquisitions signed c. €413m Annualized revenue of divestments signed c. €652m › CQLS Buildings & Infra. China business Agrifood & Commodities Food › Food testing activities Buildings & Infra. China business › SPM › Hi Physix Laboratory › Kostec › OneTech CPS Technology Industry Renewables › Security Innovation › ArcVera Certification Cybersecurity CPS Softlines Certification Sustainability › IDP Group › APP Buildings & Infra. Capex & Opex › Aligned Incentives › Versatec › LBS Group Industry Renewables › LotusWorks › SCS › Verte › ADS COM Buildings & Infra. Capex & Opex › Contec Agrifood & Commodities Metals & Minerals Buildings & Infra. Capex & Opex › GeoAssay › IFCR Certification Cybersecurity CPS Hardlines, Toys › Lab System › Ecoplus Industry Power & Utilities CPS Sustainability › Hinneburg Industry Power & Utilities › Sólida › Spin 360 CPS Sustainability Buildings & Infra. Capex › London Building Control CPS Technology › IPS Corporation Agrifood & Commodities Oil & Petrochemicals and Coal › Oil inspection and testing activities › Government services PORTFOLIO ROTATION GOAL ACHIEVED
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 41 €M Organic Scope Currency Industrials & Commodities 591.0 +5.1% +0.8% +2.8% Buildings & Infrastructure 562.3 +7.9% +4.2% +1.6% Business Assurance 137.4 +3.2% +0.1% +1.1% Product Testing & Services 279.0 +7.0% +0.2% +2.0% Total Group 1,569.7 +6.2% +1.8% +2.1% BREAKDOWN OF REVENUEREVENUE AND YEAR-ON-YEAR REVENUE GROWTH 37% 35% 9% 18% Industrials & Commodities Buildings & Infrastructure Business Assurance Product Testing & Services Q3 2026 Q3 2026 REVENUE BY BUSINESS
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 42 +8.7% +8.6% +2.6% +5.6% (2.0)% +4.4% +0.7% Americas Asia Pacific Europe Africa, Middle East Scope+3.1% REVENUE EVOLUTION BY NATUREREVENUE BY GEOGRAPHIC AREA Organic Q3 2026 REVENUE EVOLUTION BY GEOGRAPHY c.34% c.30% c. 27% c.9% Asia Pacific Europe Americas Middle East & Africa
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 43 €m Organic Scope Currency Industrials & Commodities 532.6 +3.1% (1.1)% (5.9)% Buildings & Infrastructure 496.2 +7.3% +0.9% (4.0)% Business Assurance 133.9 +2.3% +0.7% (3.1)% Product Testing & Services 230.8 +5.1% (0.6)% (7.2)% Total Group 1,393.5 +4.8% (0.1)% (5.3)% Q1 2026 REVENUE AND YEAR-ON-YEAR REVENUE GROWTH Q1 AND Q2 2026 REVENUE BY BUSINESS €m Organic Scope Currency Industrials & Commodities 577.4 +3.5% (0.5)% (0.3)% Buildings & Infrastructure 529.9 +10.2% (0.6)% (0.2)% Business Assurance 151.7 +1.5% +0.6% (0.6)% Product Testing & Services 291.6 +6.1% +0.1% (2.1)% Total Group 1,550.6 +5.9% (0.3)% (0.6)% Q2 2026 REVENUE AND YEAR-ON-YEAR REVENUE GROWTH
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To change the footer: • Click on “insert” • Click on “Header & Footer” • Check the “Slide number” box • Write the desired text in the "Footer“ box • Click on “Apply to all” 44 (3.6)% +1.9% +5.7% (1.3)% (2.8)% +5.6% (4.0)% +1.7% (3.6)% (11.2)% (3.6)% (9.9)% (1.3)% (6.9)% USD* CNY AUD GBP CAD BRL HKD* CLP AED* INR SAR* JPY SGD KRW EUR 30.5% USD* 12.7% CNY 10.4%AUD 5.5% GBP 3.4% CAD 2.9% BRL 2.8% HKD* 2.3% CLP 2.2% AED* 2.1% INR 2.0% SAR* 1.8% JPY 1.3% SGD 1.3% KRW 1.2% OTHER 17.5% YTD 2026 CURRENCY CHANGE (YEAR ON YEAR)REVENUE CURRENCY EXPOSURE Large exposure to USD and emerging market currencies (90+ currencies overall) * USD and pegged currencies CURRENCY MIX IN YTD 2026
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45 DEFINITION OF ALTERNATIVE PERFORMANCE INDICATORS AND RECONCILIATION WITH IFRS (1/2) ORGANIC GROWTH (1/2)INTRODUCTION The total revenue growth percentage measures changes in consolidated revenue between the previous year and the current year. Total revenue growth has three components: › organic growth; › impact of changes in the scope of consolidation (scope effect), › impact of changes in exchange rates (currency effect). The Group internally monitors and publishes “organic” revenue growth, which it considers to be more representative of the Group’s operating performance in each of its business sectors. The main measure used to manage and track consolidated revenue growth is like-for-like, or organic growth. Determining organic growth enables the Group to monitor trends in its business excluding the impact of currency fluctuations, which are outside of Bureau Veritas’ control, as well as scope effects, which concern new businesses or businesses that no longer form part of the business portfolio. Organic growth is used to monitor the Group’s performance internally. Bureau Veritas considers that organic growth provides management and investors with a more comprehensive understanding of its underlying operating performance and current business trends, excluding the impact of acquisitions, divestments (outright divestments as well as the unplanned suspension of operations – in the event of international sanctions, for example) and changes in exchange rates for businesses exposed to foreign exchange volatility, which can mask underlying trends. The Group also considers that separately presenting organic revenue generated by its businesses provides management and investors with useful information on trends in its industrial businesses, and enables a more direct comparison with other companies in its industry. The management process used by the Bureau Veritas Group is based on a series of alternative performance indicators, as presented below. These indicators were defined for the purposes of preparing the Group’s budgets and internal and external reporting. Bureau Veritas considers that these indicators provide additional useful information to financial statement users, enabling them to better understand the Group’s performance, especially its operating performance. Some of these indicators represent benchmarks in the testing, inspection and certification (“TIC”) business and are commonly used and tracked by the financial community. These alternative performance indicators should be seen as a complement to IFRS-compliant indicators and the resulting changes. TOTAL REVENUE GROWTH Q 3 2 0 2 6 R E V E N U E
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DEFINITION OF ALTERNATIVE PERFORMANCE INDICATORS AND RECONCILIATION WITH IFRS (2/2) SCOPE EFFECTORGANIC GROWTH (2/2) To establish a meaningful comparison between reporting periods, the impact of changes in the scope of consolidation is determined: › for acquisitions carried out in the current year: by deducting from revenue for the current year revenue generated by the acquired businesses in the current year; › for acquisitions carried out in the previous year: by deducting from revenue for the current year revenue generated by the acquired businesses in the months in the previous year in which they were not consolidated; › for disposals and divestments carried out in the current year: by deducting from revenue for the previous year revenue generated by the disposed and divested businesses in the previous year in the months of the current year in which they were not part of the Group; › for disposals and divestments carried out in the previous year, by deducting from revenue for the previous year revenue generated by the disposed and divested businesses in the previous year prior to their disposal/divestment. Organic revenue growth represents the percentage of revenue growth, presented at Group level and for each business, based on a constant scope of consolidation and exchange rates over comparable periods: › constant scope of consolidation: data are restated for the impact of changes in the scope of consolidation over a 12-month period; › constant exchange rates: data for the current year are restated using exchange rates for the previous year. CURRENCY EFFECT The currency effect is calculated by translating revenue for the current year at the exchange rates for the previous year. 46Q 3 2 0 2 6 R E V E N U E
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GLOSSARY Operating Profit (AOP) excludes amortization of acquisition intangibles, goodwill impairment, restructuring, acquisition and disposal-related items (adjustment items) ASR: Accident Severity Rate Adjusted Operating Margin (AOP Margin) is defined as Adjusted Operating Profit / Revenue Adjusted Net Profit is defined as net profit adjusted for items after tax Adjusted Net Debt is defined as net financial debt after currency hedging instruments, as defined in the calculation of banking covenants AI: Artificial Intelligence AIM: Asset Integrity Management B&I: Buildings & Infrastructure BIM: Building Information Modeling CC: Constant currency E&E: Electronic & Equipment E&P: Exploration & Production EMC: Electromagnetic Compatibility FCF: Free cash flow FOREX or FX: Foreign exchange FPSO: Floating Production Storage and Offloading FSO: Floating Storage and Offloading GMO: Genetically Modified Organism GRT or GT (Marine): Gross Register Ton or Gross Ton GS: Government Services IoT: Internet of Things IMO: International Maritime Organization LNG: Liquefied Natural Gas LTR: Lost Time Rate M&M: Metals & Minerals NDT: Non-destructive Testing O&G: Oil & Gas O&P: Oil & Petrochemicals Organic growth: increase in revenue versus last year, at constant currency and scope (i.e. acquisitions excluded) P&U: Power & Utilities PMA: Project Management Assistance PSI: Pre-shipment Inspection QA / QC: Quality Assessment / Quality Control SSC: Shared Service Center TAR: Total Accident Rate ULCS: Ultra Large Container Ships VLCC: Very Large Crude Carriers y/y: year-on-year WC / WCR: Working Capital / Working Capital Requirement 47Q 3 2 0 2 6 R E V E N U E
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48 DEFINITION OF ALTERNATIVE PERFORMANCE INDICATORS AND RECONCILIATION WITH IFRS (1/5) ORGANIC GROWTH (1/2)INTRODUCTION The management process used by the Bureau Veritas Group is based on a series of alternative performance indicators, as presented below. These indicators were defined for the purposes of preparing the Group’s budgets and internal and external reporting. Bureau Veritas considers that these indicators provide additional useful information to financial statement users, enabling them to better understand the Group’s performance, especially its operating performance. Some of these indicators represent benchmarks in the testing, inspection and certification (“TIC”) business and are commonly used and tracked by the financial community. These alternative performance indicators should be seen as a complement to IFRS-compliant indicators and the resulting changes. The total revenue growth percentage measures changes in consolidated revenue between the previous year and the current year. Total revenue growth has three components: › organic growth; › impact of changes in the scope of consolidation (scope effect), › impact of changes in exchange rates (currency effect). TOTAL REVENUE GROWTH The Group internally monitors and publishes “organic” revenue growth, which it considers to be more representative of the Group’s operating performance in each of its business sectors. The main measure used to manage and track consolidated revenue growth is like-for-like, or organic growth. Determining organic growth enables the Group to monitor trends in its business excluding the impact of currency fluctuations, which are outside of Bureau Veritas’ control, as well as scope effects, which concern new businesses or businesses that no longer form part of the business portfolio. Organic growth is used to monitor the Group’s performance internally. Bureau Veritas considers that organic growth provides management and investors with a more comprehensive understanding of its underlying operating performance and current business trends, excluding the impact of acquisitions, divestments (outright divestments as well as the unplanned suspension of operations – in the event of international sanctions, for example) and changes in exchange rates for businesses exposed to foreign exchange volatility, which can mask underlying trends. The Group also considers that separately presenting organic revenue generated by its businesses provides management and investors with useful information on trends in its industrial businesses and enables a more direct comparison with other companies in its industry. Q 3 2 0 2 6 R E V E N U E
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MARKET DATA AS AT SEPTEMBER 30, 2026SHAREHOLDING STRUCTURE AS AT JUNE 30, 2026 • Listed on Euronext-Paris • Ticker: BVI • ISIN: FR0006174348 • IPO on October 2007: €9.44/share • Share Price1: €26.86 • Market Cap.1: €12.19bn • Main indices: CAC 40, CAC 40 ESG, CAC SBT 1.5, SBF 120, Euronext 100, EURO STOXX® Industrial Goods & Services, STOXX® Europe 50, STOXX® All Europe 100, STOXX® Europe 600, STOXX® Developed Markets 150, STOXX® Europe 600 Industrial Goods and Services, STOXX® Global ESG Leaders, STOXX® Global ESG Environmental Leaders, Dow Jones Sustainability World, Dow Jones Sustainability Europe, MSCI World, FTSE4Good Index series. • Unsponsored ADR set up by Citi and Deutsche Bank; Ticker: BVVBY 21.4% 4.8% 0.7% 2.2%70.9% Wendel group Blackrock Executive Committee & Employees Treasury shares Free float (1) As of September 30, 2026 49 1 OWNERSHIP AND MARKET DATA AT SEPTEMBER 30, 2026 Q 3 2 0 2 6 R E V E N U E
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W W W . B U R E A U V E R I T A S . C O M