Slides
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Q4 and 2025 Financial Results . Daniel Harari, Chairman and Chief Executive Officer Maximilien Abadie, Deputy CEO Olivier du Chesnay, Chief Financial Officer
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Q4 and 2025 results 2 ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results
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Key highlights and evolution of Lectra’s markets 3 Another year of strong free cash- flow generation and negative working capital strengthening an already strong financial position Limited decrease of revenues thanks to the recurring revenues and the transformation toward SaaS. Tight cost management Persistent economic and geopolitical uncertainty, with trade tensions and tariffs used as bargaining tools Lectra - Q4 and 2025 Financial Results
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Key highlights and evolution of Lectra’s markets Fashion: a resilient industry in 2025, but cautious sentiment persists for 2026 4 ▪ Clothing retail sales in key apparel import markets could be stagnant or even decline. ▪ Luxury expected to grow moderately, mid-market stays dynamic; ultra fast-fashion faces margin pressures. ▪ Trade policy could remain highly uncertain: China and Asia’s role in apparel sourcing could continue to evolve. ▪ Fashion retail sales flat: price-led growth as inflation and tariffs suppressed volumes. ▪ US tariffs accelerated sourcing reallocation. Asian manufacturers faced ~20% higher tariffs vs 2024. ־US sourcing mix shifted toward Vietnam and India (complex higher-value apparel) and Bangladesh, Cambodia, Indonesia, Pakistan (volume basics). ־China lost further US import share, redirecting volumes to Europe and other non-US markets — pushing global Chinese apparel exports down 5%. Domestic demand growth (+3%) remained too weak to offset the slowdown for Chinese manufacturers. 2025 2026 Outlook - 50 100 150 200 250 300 350 400 US apparel* imports as of November 2025 Source: OTEXA, in million dozen units 11 M 2024 11M 2025 +10% -26% +13% +7% +26% +13% -4% -9% +17% +11% Lectra - Q4 and 2025 Financial Results Cautious sentiment amid soft demand and rising cost pressures US global apparel imports decreased by 2%, and stood at ± 1.3 billion dozen units (end November 2025) *Chapter 61 et 62 (knitted and non-knitted apparel). Chapter” refers to a chapter of the Harmonized System (HS), which is the international classification used for customs, imports/exports, and trade statistics.
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5 ▪ Global production expected to be at -1%, as China slows. ▪ China: first production drop since the pandemic (-2%) due to the end of purchase incentives and softer demand. ▪ Europe: production is projected to see modest growth (+2%), supported by a +14% EV expansion. ▪ US: production expected to decline (-1%), with the EV market contracting by ~10% following the end of federal tax credits. ▪ Overall uncertainty about export potential in key production markets following geopolitical and tariff developments. ▪ Global production grew 3% in 2025, mainly driven by strong momentum in China. ▪ China’s production growth (+10%) was driven by strong increase in export (+21%) and robust consumer demand (+7%) supported by local subsidies. ▪ Europe production declined (-2%) due to weak sales, high inventories, US tariffs, and strong Chinese competition. ▪ US production was flat, weighed down by soft demand and lingering supply constraints. ־No signs of re- or nearshoring linked to US tariffs policies; instead, top exporters to the US (Mexico, South Korea, Japan, Europe) show H2 2025 production declines (-4%, –3%, –6%, 0% respectively). 89.0 74.6 77.2 82.3 90.5 89.6 92.4 91.9 93.4 2019 2020 2021 2022 2023 2024 2025 2026e 2027e Worldwide production of light vehicles Source: S&P Global, in millions of units Cooling demand and policy shifts pressure global production Key highlights and evolution of Lectra’s markets Automotive: 2025 growth driven by China, 2026 faces headwinds Lectra - Q4 and 2025 Financial Results Global: +3% China: +10% Europe: -2% USA: -1% Mexico: -1% Global: -1% China: -2% Europe: +2% USA: -1% Mexico: +2% 2025 2026 Outlook
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6 ▪ Flat to low-growth environment expected globally for upholstered furniture, with international trade down 1% and domestic consumption up 1%. ▪ China slowdown and policy uncertainty to weigh on global trade and visibility. ▪ US sourcing rebalancing continues to secure supply and manage costs. ▪ Productivity, automation and operational flexibility become the main value drivers, not capacity expansion. ▪ Global demand stayed resilient despite heavy trade disruptions. ▪ Retail furniture sales in China grew +8% in 2025, although momentum softened in Q4. However, upholstered furniture exports fell sharply over 2025 (-14%), largely due to US tariffs. ▪ US demand held steady, but Q4 saw the first decline (-2% Oct., -4% Nov.) as tariffs clouded market visibility. ▪ US sourcing diversification accelerated, boosting Vietnam. No clear sign of increasing reshoring activity observed. ▪ Furniture sales in EU showed mixed trends in 2025: strong in UK (+8%) & Poland (+14%), flat in France & Italy (0%), down in Germany (-1%). 70.3 66.8 81.3 79.4 73.9 76.2 77 78 2019 2020 2021 2022 2023 2024 2025e 2026e World upholstered furniture consumption Source: CSIL, as of July 2025, in billions of US dollars +1% +1.6% Key highlights and evolution of Lectra’s markets Furniture: solid 2025 performance but Q4 pressure heightens 2026 risks Caution ahead in 2026 Lectra - Q4 and 2025 Financial Results 2025 2026 Outlook
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Q4 and 2025 results 7 ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results • Detailed comparisons between 2025 and 2024 are presented, unless otherwise indicated, at 2024 exchange rates (like for like). • The Q4 2024 and Q4 2025 figures are presented, unless otherwise indicated, at the actual exchange rates of 1.07 (2024) and 1.16 (2025), respectively for the €/$ parities. • The 2024 and 2025 annual figures are presented, unless otherwise indicated, at the actual exchange rates of 1.08 (2024) and 1.13 (2025), respectively for the €/$ parities. • To allow better analysis of the Group's results, the accounts are compared with those published in 2024 (at actual rates) and, for the analysis of variation, with the 2024 Proforma accounts (at comparable rates). The latter were prepared by consolidating Launchmetrics as of January 1, 2024, although the company was acquired on January 23, with the effect of increasing Proforma 2024 revenues by €2.5m and Proforma 2024 EBITDA by €0.3m. All “Proforma 2024” figures are referred to as “2024”. XX m€ YY m€ 2024 2025 - Z % Format of graph presentation Amount is disclosed at 2024 exchanges rates Amount is disclosed at 2025 exchanges rates Variation is comparing 2025 @ 2024 rates with 2024
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Q4 and 2025 results ARR growth of 14% after a strong Q4 8Lectra - Q4 and 2025 Financial Results In millions of euros, at actual rates 31/12/2025 Annual Recurring Revenues (ARR) of subscriptions ARR growth landed at 14% for the year, at a higher level than the run rate observed in the first 9 months. Q4 demonstrated a high level of new SaaS subscription on TextileGenesis, Kubix Link, Valia and Launchmetrics. More than half of the ARR is generated by the recent acquisition of Launchmetrics and TextileGenesis, but the ARR of the internally developed offers is growing more than 14% in 2025. Using the opening base exchange rate, the ARR reached more that €100m at the end of 2025. Using the 31.12.2025 exchange rates, the ARR published lands at €97.2m. 1.04 1.04 1.171.04Parity €/$ +€12.1m +14% Opening base 31/12/2024 Closing base 30/09/2025 Closing base 31/12/2025 Exchange Rate impact Closing base 31/12/2025 closing rate 88.9 101.0 97.2 96.7 -3.8 Recurring activity Non- recurring activity Group P&L
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235.4 242.3 2024 2025 Q4 and 2025 results Constant growth of recurring contracts No change of pattern in the consumables and parts activity in Q4 9Lectra - Q4 and 2025 Financial Results 60.5 60.9 Q4 2024 Q4 2025 Recurring revenues In millions of euros +5% 147.0 137.7 2024 2025 -4% The revenues from recurring contracts is driven by SaaS subscriptions, which continue to grow at double-digit rates, while the software maintenance contract are slowly eroding. Revenues from equipment maintenance contracts still growing despite unfavorable market conditions. The decline in sales of consumables and parts remains limited in a challenging macroeconomic context. The fourth quarter did not demonstrate any change of momentum. +5% 36.6 33.2 Q4 2024 Q4 2025 -4% SaaS subscriptions Equipment maintenance contracts Software maintenance contracts +14% -4% +2% 20.9 13.4 26.2 25.2 12.4 23.3 102.6 79.7 53.0 102.0 51.1 89.3 Recurring contracts Consumables and parts 97.1 94.2 Q4 2024 Q4 2025 382.4 380.1 2024 2025 +1% +2% 2025 Recurring revenues 75% Recurring activity Non- recurring activity Group P&L
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39.0 37.4 27.6 27.0 27.0 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 and 2025 results Stable orders of new systems in value during the last three quarters 10Lectra - Q4 and 2025 Financial Results -27% New orders of perpetual software licenses, equipment, training and consulting In millions of euros New systems orders* Q4 new system orders remain close in value to the amounts recorded in the previous quarters, with no rebound in activity. As Q4 2024 was still a strong reference base with no tariffs trade war, the decrease is 27%. *the amount of orders for each quarter is at actual rate 147.2 119.0 2024 2025 -17% Recurring activity Non- recurring activity Group P&L
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3.7 2.0 Q4 2024 Q4 2025 13.7 11.8 2024 2025 Q4 and 2025 results Sharp decrease in Asia-Pacific in Q4, while Americas and Europe are stable 11Lectra - Q4 and 2025 Financial Results 10.9 10.0 Q4 2024 Q4 2025 stable 8.9 8.5 Q4 2024 Q4 2025 15.5 6.4 Q4 2024 Q4 2025 2024 The announcements regarding tariffs in the summer, and the following discussion in the fall have not clarified the situation, and the customers hesitation still affects our activity, marked by a strong decrease in Asia- Pacific and more specifically in China. In “rest of world”, growth comes from a limited number of clients and countries. 36.0 29.3 2024 2025 34.8 32.7 2024 2025 62.8 45.2 2024 2025 27% 25% 38% 10% 2025 -14% EUROPE -4% -6%AMERICAS ASIA-PACIFIC -55% -26% REST OF WORLD -44% -13% 24% 24% 43% 9% Europe Americas Asia-Pacific Rest of world Recurring activity Non- recurring activity Group P&L New orders of perpetual software licenses, equipment, training and consulting In millions of euros
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Q4 and 2025 results Automotive orders particularly weak in Q4 Fashion and Furniture orders trends in Q4 in line with the rest of the year 12Lectra - Q4 and 2025 Financial Results New systems orders New orders of perpetual software licenses, equipment, training and consulting In millions of euros 20.3 15.5 Q4 2024 Q4 2025 -19% Orders in Automotive are quite weak in all regions, with a particularly low Q4 in Asia-Pacific. In Fashion, after a steep drop in Q2 due to the tariffs’ announcement, the level of activity is down in Q3 and Q4, with no further degradation in Q4. Furniture market sector remains with weak level of demand, decrease one third compared with prior year. Other industries include various market sectors using composite materials. These industries are facing less budget constraints and represent twice as many orders as the furniture industry in 2025. 77.0 64.9 2024 2025 Recurring activity Non- recurring activity Group P&L Fashion 4.1 4.2 Q4 2024 Q4 2025 11.9 13.8 2024 2025 3.5 2.1 Q4 2024 Q4 2025 10.9 7.4 2024 2025 11.2 5.1 Q4 2024 Q4 2025 47.5 33.0 2024 2025 Automotive Furniture Other industries -14% +13% +21%-52% -29% -36% -30%
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Q4 and 2025 results Non-recurring revenues decreased 12% 13Lectra - Q4 and 2025 Financial Results 39.0 27.0 Q4 2024 Q4 2025 In millions of euros New systems orders -27% The software and consulting revenues decreases are in line with the orders evolution of the year. The equipment revenues decrease of 11% is lower than the orders decrease of 19%, leading to an important decrease of the order backlog at the end of 2025. Total backlog amounts to €23.2m at year end, a decrease of €11.8m compared to the beginning of the year. 147.2 119.0 2024 2025 35.3 29.5 Q4 2024 Q4 2025 In millions of euros -12% 146.8 126.6 2024 2025 Non-recurring revenues Software perpetual licenses are decreasing by one third, a logic consequence of the business model’s transition to SaaS. Equipment orders are close to 20% decrease, resulting from the market uncertainties on tariffs and consumption. Training and consulting orders are nearly stable, more than half of this activity being now triggered by SaaS subscription sales. -17% -12% 7.9 89.4 18.8 1.8 20.0 4.6 4.1 22.8 1.9 7.9 97.7 18.1 2.7 30.6 4.8 11.4 113.0 19.6 2.9 26.9 4.6 12.1 112.4 19.0 Recurring activity Non- recurring activity Group P&L -29% -19% -3% -34% -11% -4% Software perpetual licenses Training and consulting Equipment New orders of perpetual software licenses, equipment, training and consulting
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Lectra - Q4 and 2025 Financial Results Q4 and 2025 results Increase in gross margin rates, strict control of overhead costs 14 = In % of revenues In millions of euros Gross margin rates are increasing on all product lines. Despite limited volume, reduction of production teams and stable discount rates enable to maintain gross margin rates. * 96% of fixed costs are covered by the margin of recurring activity in 2025 (95% in 2024) Strict control of overhead costs enabled to be flat at current exchange rate and 2% increased at comparable rates. Inflation was compensated by headcount reduction and cost control. Recurring activity Non- recurring activity Group P&L Total revenues Gross margin Overhead costs* (Fixed and variable) 132.5 123.6 Q4 2024 Q4 2025 529.2 506.7 2024 2025 -2% -2% 95.3 90.2 Q4 2024 Q4 2025 72.0% 72.9% 379.3 369.3 2024 2025 71.7% 72.9% 83.4 82.2 Q4 2024 Q4 2025 330.4 331.1 2024 2025 +2% +2% 306.7 24.4 76.6 5.6 77.1 6.3 306.6 23.8 Fixed Variable
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Lectra - Q4 and 2025 Financial Results Q4 and 2025 results EBITDA before non-recurring items of nearly €80m 15 = In % of revenues In millions of euros 11.9 8.0 Q4 2024 Q4 2025 9.0% 22.6 18.1 Q4 2024 Q4 2025 17.1% 8.4 7.3 Q4 2024 Q4 2025 6.3%14.7% 6.4% 5.9% Income from operations before non-recurring items EBITDA before non-recurring items Net income* *variation at actual rate Net income in 2025 includes a negative one-off related to idle lease in New York City, and a positive one-off on Launchmetrics differed tax assets. 91.4 79.7 2024 2025 17.3% 15.7% 48.8 38.2 2024 2025 9.2% 7.5% 29.5 25.6 2024 2025 5.6% 5.1% -8% -8% -14% -14% -13% -14% Recurring activity Non- recurring activity Group P&L
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Q4 and 2025 results Recurring contracts growth partially offsets the negative impact of the decline in equipment and the increase in fixed costs 16Lectra - Q4 and 2025 Financial Results In millions of euros 1Revenues of software perpetual licenses, equipment and non-recurring services 1 Evolution of EBITDA before non-recurring items 2024-2025 Recurring activity Non- recurring activity Group P&L EBITDA 2024 Launchmetrics (Proforma) impact Proforma EBITDA 2024 Volume effect of non-recurring revenues Volume effect of recurring contracts revenues Volume effect of C&Ps revenues Impact gross profit rates Variation fixed overheads costs Variation variable overheads costs EBITDA 2025 at 2024 rate Change in currencies EBITDA 2025 at 2025 rate 91.1 0.3 91.4 -9.8 11.3 -2.5 -5.5 0.7 -1.1 84.4 -4.6 79.7
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Q4 and 2025 results Conversion of 2025 results using January 1st, 2026 exchange rate 17Lectra - Q4 and 2025 Financial Results 2025 Actual Average rate Jan 1, 2026 Exchange rate 506.7 497.3 2025 actual 2025 actual converted using Jan 1, 2026 exchange rate 1.17 79.7 75.2 2025 actual 2025 actual converted using Jan 1, 2026 exchange rate 1.17 Revenue EBITDA before non-recurring items -9.4 In millions of euros The company has based its 2026-2028 roadmap assumptions on the exchange rate of the 1st of January 2026, which for the €/$ parity is 1.17. The conversion of the actual results of 2025 using these rates results in a reduction of €9.4m of the revenues, €4.5m of the EBITDA, and the EBITDA margin before non-recurring items is 15.1% 15.1%15.7% -4.5 €/$ Parity evolution = In % of revenues Regarding seasonality in 2025, both Q1 and Q2 showed a higher level of non-recurring revenues originating from orders placed in Q4 2024 and Q1 2025, respectively. 1.13 1.17
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Q4 and 2025 results 18 ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results
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20.6 102.5 86.4 31/12/2024 31/12/2025 Financial debt Treasury Balance sheet December 2025 Limited financial debt 19Lectra - Q4 and 2025 Financial Results In millions of euros Debt During 2025, the Group cashed out: • €20.5m for the second tranche of Launchmetrics' capital, €1.7m for the acquisition of Glengo (Turkey) in the first half, and €3.3m for the acquisition of Neteven in Q3 • €15.2m of dividends • €16.1m of loan and interests' reimbursement The Group generated €57.0m of free cash-flow before non- recurring items. 21.3 Net financial debt 81.9 65.1
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71.2 53.9 72.1 57.0 2024 2025 Free cash-flow Free cash-flow before non-recurring items 2025 Free cash-flow Another year of strong cash-flow generation and negative working capital 20Lectra - Q4 and 2025 Financial Results In millions of euros The working capital requirement on December 31, 2025, is negative €39.7m, which remains one of the fundamentals of the Group’s business model. It was negative €25.2m on December 31, 2024. 31/12/2024 31/12/2025 -25.2 -39.7 Free cash-flow before non-recurring items stands at €57.0m (€72.1m in 2024). Despite unfavorable macro-economic conditions, the Group managed to collect receivables and limit overdues while reducing inventories and financing its IT projects. After the cash reimbursement of €3.1m related to the ongoing dispute with the tax authorities over the R&D Tax credit, the free cash-flow before non-recurring items amounts to €53.9m.
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Evolution of the share price 21Lectra - Q4 and 2025 Financial Results Evolution from January 1, 2025 to December 31, 2025 In euros, closing price ◼ Share price: €23.10 ◼ Market cap.: €879.3m ◼ Enterprise Value: €860.5m ◼ EV/2025 Revenues: 1.7x ◼ EV/2025 EBITDA: 10.8x UPDATE ON FEBRUARY 10, 2026 CAPITAL TRADED ON EURONEXT ◼ 2025: €170.6m ◼ 2024: €114.4m Volume traded on Euronext represents 33% in 2025 and 26% in 2024 of the total volume traded on all listing platforms. (source Bloomberg). 20 25 30 35 40 Lectra (closing rate) Indice Tech Leaders (basis : 1st of January 2025) Indice CAC Mid&Small (basis : 1st of January 2025) Feb. 12, 2025: €27.20 Q4 2024 results 2025 Apr. 24, 2025: €25.25 Q1 2025 results Jul. 24, 2025: €25.50 Q2 2025 results Oct. 29, 2025: €23.20 Q3 2025 results Feb. 10, 2026: €23.10
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Q4 and 2025 results 22 ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results
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A clear VISION towards 2030 We are here “Big things happen when we connect” AI/GenAI IoT Cloud Big Data Launch of the Lectra 4.0 strategy 23Lectra - Q4 and 2025 Financial Results
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Lectra accelerates the transformation and success of its customers in the fashion, automotive and furniture industries in a world in perpetual motion thanks to the key technologies of Industry 4.0 . The Lectra 4.0 strategy 24Lectra - Q4 and 2025 Financial Results
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25 A world of structural shifts: challenges creating opportunity Lectra - Q4 and 2025 Financial Results Global uncertainty is the new norm: geopolitical tensions, trade barriers, volatile raw material costs, ... Artificial intelligence is emerging as a major driver of transformation Deep changes reshaping how industrial value chains operate accelerating demand for connected, automated and data-driven operations Industry 4.0 technologies
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Specific challenges per market sector Unpredictable demand, constantly - changing consumer habits Ultra fast -fashion redefining traditional product development and production cycles Traceability , eco-design and environmental responsibility forcing companies to master their supply chains Create a responsible, profitable, agile and market driven value chain Rise of electric vehicles disrupting established brands Chinese ecosystem challenging the dominance of leading historical players Growing complexity of vehicle models, leading to major industrial and logistical challenges Achieve operational excellence and maximize profitability Automotive Digitalizing processes that today still rely heavily on human intervention Growing diversity of products, materials, and sales channels Contrasting geographical trends driven by economic uncertainty and real -estate market conditions Automate production flows and manage complexity Furniture Growing need for agile, resilient and efficient operations across fashion, automotive and furniture value chains Fashion 26Lectra - Q4 and 2025 Financial Results MAIN CHALLENGESLECTRA VALUE
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A unique and revolutionary offer for Manufacturing in the era of Industry 4.0, supported by Valia Lectra - Q4 and 2025 Financial Results 27 AI/GenAI IoT Cloud Big Data Manufacture
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28Lectra - Q4 and 2025 Financial Results ▪ A unique SaaS portfolio combining Kubix Link, Launchmetrics, Neteven, Retviews, TextileGenesis, and Valia Fashion with historical CAD and cutting solutions ▪ Supporting customers across all key stages - from creation to manufacturing and go-to-market - while enabling collaboration and full traceability ▪ A SaaS-led entry strategy enabling strong cross-sell and upsell to grow recurring revenues per customer An extended, fashion-dedicated offer connecting all actors, processes and data for greater speed and agility AI/GenAI IoT Cloud BigData FashionData Industry 4.0 Processes M A R K E TC R E A T E M A N U F A C T U R E Customersuccess T R A C E A B I L I T Y LAUNCHMETRICS NETEVEN RETVIEWS VALIA FASHION VECTORFASHION VIRGAFASHION GERBER PARAGON GERBERATRIA GERBERXLS COLLABORATION K U B I X L I N K TEXTILEGENESIS MODARIS GERBER ACCUMARK MODARIS PGS GERBER YUNIQUE QUICK OFFER KALEDO .
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29Lectra - Q4 and 2025 Financial Results Lectra today: a solid, global, resilient leader ready for the next chapter 147 170 323 380 2016 2019 2023 2025 Recurring revenues in millions of euros 75% of total revenues €97.2m of ARR At actual rates December 31, 2025 vs€0m December 31, 2016 Virtuous business model and strong financial position Leading the way in sustainability and compliance Strong technological leadership Customer Success at core: +800 people dedicated accompany customers on a daily basis Unique offer in line with customer needs Presence in +100 countries & prestigious customer base Lectra is in an unrivalled position: industrial expertise coupled with SaaS to drive performance
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Q4 and 2025 results 30 ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results
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31Lectra - Q4 and 2025 Financial Results Launch of the Lectra 4.0 strategy AI/GenAI IoT Cloud Big Data 2026-2028 Lectra 4.0 – Full scale impact 2020-2022 2023-2025 2017-2019 Industry 4.0 is no longer a vision, it has become a reality
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32Lectra - Q4 and 2025 Financial Results Three clear priorities driving Lectra’s next chapter Position Valia at the forefront of the Manufacture offer1 Scale the SaaS business2 Boost operational excellence to accelerate growth3
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33Lectra - Q4 and 2025 Financial Results Manufacturing revolution, powered by Valia Strong upsell and upgrade opportunity Outcome-based, digital service model, turning equipment usage into measurable industrial performance Drives recurring revenue growth and multi-year engagement Valia can immediately optimize the performance of cutting rooms while supporting their gradual modernization Market-leading cutting equipment renowned for unmatched performance Natural upgrade path for 700+ Digital Cutting Platform, Flex and Quick customers 5,000+ on-contract customers using Lectra software to upgrade towards Valia ~70 customers already using Valia 9,000+ Lectra connected equipment 5,000+ Lectra older generation equipment + Others non-Lectra 1 2 3
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34Lectra - Q4 and 2025 Financial Results How industry leaders revolutionize manufacturing with Lectra “For 25 years, we have been supported by Lectra, which provides us with highly updated and innovative solutions that allow us to go further in the study of detail and greatly help our operators work in a smoother and certainly more efficient way." Gabriele Ghetti, CEO of Gamma International “Lectra is #1 in the industry. They’re the best and truly committed to my business — delivering solutions tailored to my needs and solving my problems." Bob Phillips, CEO of Edgecombe Furniture “Today, around 90% of our equipment comes from Lectra. They have been relentless in strengthening the capabilities of their cutting and spreading solutions, while continuously expanding the software ecosystem that allows us to truly industrialize innovation." Shakthi Ranatunga, COO of MAS holding “With Algopex, we can monitor each plant in real time and react immediately whenever an issue arises, significantly reducing stoppages and interruptions. At any moment, we can check the performance of every line in every plant — simply from a mobile phone." Alexandra Oliveira, Innovation Leader for Cut and Sew and Leather 1 2 3
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35 Scale the SaaS business for predictable, recurring growth Lectra - Q4 and 2025 Financial Results ▪ Driving SaaS adoption across the customer base ▪ Strengthening the Go-to-Market model to maximize efficiency, growth, and customer retention ▪ Leveraging cross-solution data to enhance customer value ▪ Building an integrated, connected Fashion ecosystem where brands and subcontractors collaborate around reliable data 1 2 3
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Proven impact with Lectra’s SaaS: trusted by industry leaders 36Lectra - Q4 and 2025 Financial Results Saskia Bloch, Global Sustainability Director Fenix Outdoor “The solution has transformed the way we connect internal teams and suppliers, ensuring a seamless, structured workflow from virtual moodboards to final production.” Justine Provent Head of PR & Social Media, Fusalp “Launchmetrics is everything that I look for in a PR solution... It helps me reach my objectives and keeps me accountable.” Luigi Barra, Chief Operations Officer, Boggi Milano “We improved our efficiency at least by 30% comparing to the previous setup.” “By partnering with TextileGenesis, we can transparently communicate the journey of our products from fiber to retail, building consumer trust and reinforcing our dedication to responsible sourcing practices.” Ovidijus Jalonskis, CEO, Vilmers 1 2 3
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37Lectra - Q4 and 2025 Financial Results Focus Standardization ▪ Harmonizing processes and applying common standards throughout the Group, incl. recent acquisitions, to guarantee consistency, efficiency and synergies ▪ Simplifying the offer portfolio by phasing out non-strategic activities, mainly related to non-connected equipment and technologies, not compatible with Industry 4.0 Lectra builds on a strong foundation of operational excellence driven by continuous investment. This solid base enables Lectra to accelerate performance, supporting the growing adoption of its solutions and strengthen the agility for 2026-2028. SaaS Driving efficiency through standardization and simplification ▪ Redesigning SaaS-related processes, inspired by best practices (e.g. Launchmetrics) 1 2 3
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38 AI/Automation IT R&D Lectra - Q4 and 2025 Financial Results INVESTING IN ENHANCED INNOVATION, SYSTEMS AND CAPABILITIES AI/GenAIAI/GenAI ▪ Maintaining high-level R&D investments (~12% of annual revenues) ▪ Increasing the integration of AI and big data in solutions and continuing the regular renewal of equipment generations ▪ Modernizing IT systems with investments of ~€10M annual per year ▪ Increasing productivity and agility through harmonized, Group-wide tools ▪ Developing internal AI capabilities to automate low value-added, repetitive tasks, streamline processes and free up time for high value-added missions Boosting productivity through innovation and automation 1 2 3
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By 2028, Lectra will fully deploy its digital and connected model to bring greater value to customers 2026-2028 PRIORITIES Scale the SaaS business2 Boost operational excellence to accelerate growth3 Position Valia at the forefront of the Manufacture offer1 39Lectra - Q4 and 2025 Financial Results
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Q4 and 2025 results 40 ▪ Key highlights and evolution of Lectra’s markets ▪ Q4 2025 and 2025 results ▪ Balance sheet and free cash-flow ▪ Lectra today ▪ 2026-2028 Strategic roadmap ▪ 2026-2028 Financial objectives Lectra - Q4 and 2025 Financial Results
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41Lectra - Q4 and 2025 Financial Results EBITDA margin: +120 to 180bps/year* Security Ratio: +2-3 points/year (>100% in 2028) 15% ARR yearly growth, contributing to 5% to 8% yearly growth of recurring contract revenues Continued cost optimization *In the event that equipment orders remain stable. Any rebound –the timing and magnitude of which remain uncertain– would represent an additional growth potential for revenue and EBITDA. Like-for-like Excluding non-recurring items 2026-2028 Financial objectives Targeted acquisition strategy Attractive dividend policy 50% payout ratio
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The Lectra Brand 42