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9M 2026 Strong delivery of Nexans’ business model as a Pure Player in Electrification
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9M 2026 FINANCIAL INFORMATION | Page 2 Nexans 2026 © All right Reserved SAFE HARBOUR This presentation contains forward-looking statements which are subject to various expected or unexpected risks and uncertainties that could have a material impact on the Company’s future performance. Readers are also invited to visit the Group’s website where they can view and download Nexans’ Universal Registration Document, which includes a description of the Group’s risk factors. NB: any discrepancies are due to rounding. INVESTOR RELATIONS: Contact: Audrey Bourgeois Telephone: +33 1 78 15 00 43 Email: audrey.bourgeois@nexans.com
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9M 2026 FINANCIAL INFORMATION | Page 3 Nexans 2026 © All right Reserved S E C T I O N O 1 9M 2026 Trading Update
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9M 2026 FINANCIAL INFORMATION | Page 4 Nexans 2026 © All right Reserved 9M and Q3 2026 Underlying trends of Electrification drives strong growth momentum * Q 3 2025 and 9 M 2025 are restated in compliance with IFRS 5 linked to the portfolio rotation. See appendices BOND ISSUANCEGROUP Q3 2026GROUP 9M 2026 +3.9% ORGANIC GROWTH 9M 2026 vs. 9M 2025* €4,947m GROUP STANDARD SALES +9.0% ORGANIC GROWTH Q3 2026 vs. Q3 2025* €1,698m GROUP STANDARD SALES ELECTRIFICATION +5.3% ORGANIC GROWTH 9M 2026 vs. 9M 2025* +7.1% ORGANIC GROWTH Q3 2026 vs. Q3 2025* €500m 5-YEAR BOND ISSUANCE FIXED RATE OF 4.25% U.S. EXPOSURE ACCESSORIES SUB-SEGMENT PRODUCTION CAPACITY INCREASE FROM 2026 TO 2028 IN THE U.S. AND EUROPE INTEGRATION PROGRESSING IN LINE WITH OUR ROADMAP +39% ACCESSORIES CAPACITY
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9M 2026 FINANCIAL INFORMATION | Page 5 Nexans 2026 © All right Reserved Scale Value Creation via Industrial & Operational Excellence Through strategic Capex previously announced and coming on line in the near term TRANSMISSION 525 HVDC Technology New high-voltage tower CHARLEROI, BELGIUM Strengthening Nexans’ capacity in next-generation 525kV land cables INAUGURATED OCTOBER 2026 ENTRY INTO SERVICE EXPECTED MID-2027 GRID Medium-voltage Greenfield New site SAFI, MOROCCO Reinforcing the Group’s ambition to support electrification across Africa PROGRESSIVE RAMP UP EXPECTED THROUGHOUT 2027 -2028 METALLURGY Additionnal 80,000 t Recycled copper processing capacity per year LENS, FRANCE Strategic rod facility dedicated to recycled copper PROGRESSIVE RAMP UP EXPECTED THROUGHOUT 2027
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9M 2026 FINANCIAL INFORMATION | Page 6 Nexans 2026 © All right Reserved Scale value creation via M&A excellence Allocating our acquired capacity to high-added value verticals Electro Cables Mutualization of footprint to serve attractive verticals in North America. Synergies on track Republic Wire Platform in the U.S. to grow in dynamic verticals Reka Cables Grid capacity extension in Finland Leading position in Data Centers in Finland + Norway Cables RCT Critical Buildings and Data Centers in South Europe INCREASING OUR EXPOSURE TO STRATEGIC VERTICALS Data centers Critical buildings Solar BESS Centelsa Mutualization of footprint to serve strong Data Centers demand
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9M 2026 FINANCIAL INFORMATION | Page 7 Nexans 2026 © All right Reserved 9M and Q3 2026 Solid momentum in PWR-Grid & PWR-Connect, while PWR-Transmission top line normalized as expected * Q3 2025 and 9M 2025 are restated in compliance with IFRS 5 linked to the portfolio rotation. See appendices GROUP +3.9% 9M 2026 ORGANIC GROWTH 9M 2025* 4,492 4,947 ELECTRIFICATION OTHER (MAINLY METALLURGY) STANDARD SALES (€m) Recent acquisitions contributing to the Group’s strong growth momentum in Q3 2026: • Group: +9.6% • Electrification: +10.9% Solid momentum in PWR-Grid and PWR- Connect PWR-Transmission growth normalized as expected, following exceptionally high organic growth of +33.3% in Q3 2025 9M 2026 +9.0% Q3 2026 ORGANIC GROWTH Q3 2025* Q3 2026 1,399 1,698 +5.3% 9M 2026 ORGANIC GROWTH +7.1% Q3 2026 ORGANIC GROWTH -5.2% 9M 2026 ORGANIC GROWTH +24.7% Q3 2026 ORGANIC GROWTH 9M 2025* 9M 2026 Q3 2025* Q3 2026 9M 2025* 9M 2026 Q3 2025* Q3 2026 3,849 4,346 1,233 1,492 644 601 166 206 +10.1% +21.4% Other Activities grew strongly on a favorable comparison basis, due to the phasing of U.S. copper orders ahead of tariffs in 2025 Strong Electrification growth, organic above mid-term guidelines
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9M 2026 FINANCIAL INFORMATION | Page 8 Nexans 2026 © All right Reserved PWR-TRANSMISSION Organic growth normalized as expected and continued focus on profitability 9M 2026 GOOD VISIBILITY UNTIL END OF 2028 7.77.46.1 3.5 DEC 2022 DEC 2023 DEC 2024 SEP 2026 ADJUSTED BACKLOG (€bn) 7.8 DEC 2025 Organic growth normalization continued as expected, following two years of particularly strong momentum Q3 organic growth of -4.0% reflected a high comparison basis, following +33.3% org. growth in Q3 2025, with an even tougher comparison ahead in Q4 (+40.0% org. growth in Q4 2025) GSI €1.2bn -1.4% ORGANIC GROWTH +5.1%FX n.a.SCOPE Margin improvement expected to continue in FY2026 1,115 1,155 368 378 9M 2025* 9M 2026 Q3 2025* Q3 2026 +3.6% +2.9% -4.0% ORGANIC GROWTH +6.9%FX n.a.SCOPE Q3 2026 STANDARD SALES (m€ ) * Q3 2025 and 9M 2025 are restated in compliance with IFRS 5 linked to the portfolio rotation. See appendices
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9M 2026 FINANCIAL INFORMATION | Page 9 Nexans 2026 © All right Reserved PWR-GRID Strong growth supported by capacity ramp-up and broad-based demand 9M 2026 +8.1% ORGANIC GROWTH -0.6%FX SCOPE 991 1,066 314 364 9M 2025* 9M 2026 Q3 2025* Q3 2026 +7.5% +15.8% +14.8% ORGANIC GROWTH +1.0%FX -SCOPE Q3 2026 STANDARD SALES (m€ ) Strong organic growth well-above mid-term guidelines driven by : • Progressive ramp-up of additional capacity and efforts to improve operational efficiency in Europe, which also benefitted from seasonally stronger Q2 and Q3 • Frame agreements with utilities and Data centers in North America • Large-scale solar projects in South America and the Middle East and Africa (mainly Turkey and Morocco) Accessories strong momentum fueled by demand from our customers for high added value solutions - * Q3 2025 and 9M 2025 are restated in compliance with IFRS 5 linked to the portfolio rotation. See appendices
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9M 2026 FINANCIAL INFORMATION | Page 10 Nexans 2026 © All right Reserved Medium-Voltage Accessories Capacity Expansion in Europe and the U.S. Increasing exposure to a highly profitable and dynamic market +39% Accessories sub-segment production capacity increase from 2026 to 2028 In the U.S. and Europe Building a more resilient local supply chain U.S. BROWNFIELD IN REPUBLIC WIRE FACILITY Increasing exposure to Data Center and Grid verticals Reducing lead times by up to c.60% INCREASING EUROPEAN CAPACITY Expanding our saturated manufacturing capacity Scaling up advanced offers production
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9M 2026 FINANCIAL INFORMATION | Page 11 Nexans 2026 © All right Reserved PWR-CONNECT Double-digit organic growth in Q3 & successful integration of recent acquisitions Integration of recent acquisitions on track, increasing exposure to strategic verticals and delivering synergies as planned 9M 2026 +8.3% ORGANIC GROWTH -0.9%FX +14.5%SCOPE 1,743 2,125 551 750 9M 2025* 9M 2026 Q3 2025* Q3 2026 +21.9% +36.0% Q3 2026 STANDARD SALES (m€ ) +10.5% ORGANIC GROWTH +1.2%FX +24.4%SCOPE High organic growth of +10.5% in Q3 2026 supported by: • North America: notably hyperscale data centers • South America: mainly solar activities & residential • Middle-East & Africa: broad-based momentum • Signals of recovery in some countries in Europe and remarkable momentum across other regions including: * Q3 2025 and 9M 2025 are restated in compliance with IFRS 5 linked to the portfolio rotation. See appendices
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9M 2026 FINANCIAL INFORMATION | Page 12 Nexans 2026 © All right Reserved S E C T I O N O 2 9M 2026 Key Financials
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9M 2026 FINANCIAL INFORMATION | Page 13 Nexans 2026 © All right Reserved 9M 2026 Standard sales bridge Organic Scope FX 4,492 4,947+5.6% +3.9% 9M 2025(1) 9M 2026 +10.1% in €m Electrification +5.3% (1) 9M 2025 restated in compliance with IFRS 5 linked to the portfolio rotation. See appendices (2) Mainly Metallurgy Incl. Incl. Republic Wire Electro Cables Cables RCT Other Activities(2) -5.2% +0.6%
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9M 2026 FINANCIAL INFORMATION | Page 14 Nexans 2026 © All right Reserved Republic Wire strengthening PWR-Connect’s U.S. footprint Integration progressing in line with our roadmap, synergies started materializing Channel to market Immediate benefit from over 250 longstanding sales agents across the USA, now selling the Nexans portfolio Capacity Extension 30% capacity increase, operating 7 days a week, with 2 new lines installed as planned Data centers Product offering integrated into Nexans’ portfolio since July Synergies Executed as planned through internalized sourcing of compounds, product design optimization and other procurement savings
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9M 2026 FINANCIAL INFORMATION | Page 15 Nexans 2026 © All right Reserved €500m bond issuance successfully completed Attractive fixed-rate, refinancing of the Republic Wire bridge term loan (1) Excluding commercial paper, local borrowings and IFRS restatements (2) Ratio of Net Debt to Adjusted EBITDA €500m AGGREGATE PRINCIPAL AMOUNT 4.25% FIXED ANNUAL RATE 5 years MATURITY SEPTEMBER 2031 BB+ S&P CREDIT RATING CONFIRMED, STABLE OUTLOOK Strong investor demand Confirms market confidence in the Group's credit quality and the Republic Wire acquisition Attractive fixed-rate funding In line with Group average cost of debt, 100% fixed-rate debt profile(1) Flexibility & low financial leverage ratio(2) Low financial leverage ratio enabling organic investments and targeted M&A
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9M 2026 FINANCIAL INFORMATION | Page 16 Nexans 2026 © All right Reserved S E C T I O N O 3 2026 Outlook
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9M 2026 FINANCIAL INFORMATION | Page 17 Nexans 2026 © All right Reserved ADJUSTED EBITDA FREE CASH FLOW This guidance does not assume execution of the Great Sea Interconnector project in 2026 but includes the load of MI line at the end of 2026 This guidance takes into account the contribution of Republic Wire starting 1st June 2026 and excludes the contribution of any future acquisitions 2026 GUIDANCE CONFIRMED €770M – €840M €235M – €325M
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9M 2026 FINANCIAL INFORMATION | Page 18 Nexans 2026 © All right Reserved Appendices
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9M 2026 FINANCIAL INFORMATION | Page 19 Nexans 2026 © All right Reserved 2026 quarterly information by segment ORGANIC GROWTH(2) STANDARD(1) SALESCURRENT SALES (1) Standard: Copper standard price at €5,000/t and Aluminum standard price at €1,200/t (2) Organic growth on Standard sales at constant scope and currency (3) Q1, Q2 and H1 2025 are (i) pro forma from reclassifications of non-core automotive activity in Sweden from Industrial & Solutions to Other activities and (ii) restated in compliance with IFRS 5 linked to the portfolio rotation. Q3 and 9M 2025 are restated in compliance with IFRS 5 Q1 2026 Q2 2026 H1 2026 Q3 2026 9M 2026 PWR-Transmission +8.8% (6.2%) (0.1%) (4.0%) (1.4%) PWR-Grid +5.7% +4.2% +4.9% +14.8% +8.1% PWR-Connect +2.5% +12.0% +7.3% +10.5% +8.3% Subtotal Electrification +4.9% +4.1% +4.5% +7.1% +5.3% Other activities (24.1%) (6.1%) (15.6%) +24.7% (5.2%) TOTAL GROUP +0.1% +2.7% +1.5% +9.0% +3.9% (in millions of euros) Q1 2026 Q1 2025 Q2 2026 Q2 2025 Q3 2026 Q3 2025 9M 2026 9M 2025 PWR-Transmission 342.0 307.7 434.8 439.2 378.3 367.6 1,155.0 1,114.5 PWR-Grid 322.4 313.4 379.5 363.7 363.9 314.4 1,065.8 991.5 PWR-Connect 646.8 603.2 728.1 588.3 749.8 551.1 2,124.7 1,742.6 Subtotal Electrification 1,311.2 1,224.2 1,542.3 1,391.3 1,492.0 1,233.1 4,345.6 3,848.6 Other activities 185.6 253.8 209.4 224.2 206.2 165.6 601.2 643.6 TOTAL GROUP 1,496.8 1,478.0 1,751.7 1,615.5 1,698.2 1,398.7 4,946.7 4,492.2 (in millions of euros) Q1 2026 Q1 2025 Q2 2026 Q2 2025 Q3 2026 Q3 2025 9M 2026 9M 2025 PWR-Transmission 359.3 315.9 479.4 442.2 391.3 376.6 1,229.9 1,134.6 PWR-Grid 404.5 374.3 491.8 433.1 479.9 373.1 1,376.2 1,180.5 PWR-Connect 1,016.7 826.4 1,183.2 808.7 1,261.2 762.5 3,461.1 2,397.6 Subtotal Electrification 1,780.4 1,516.5 2,154.4 1,684.0 2,132.5 1,512.1 6,067.2 4,712.6 Other activities 365.6 415.2 435.6 361.4 452.0 272.0 1,253.3 1,048.7 TOTAL GROUP 2,146.0 1,931.8 2,590.0 2,045.5 2,584.5 1,784.1 7,320.5 5,761.3 (3) (3) (3) (3) (3) (3) (3) (3)
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9M 2026 FINANCIAL INFORMATION | Page 20 Nexans 2026 © All right Reserved 9M 2026 standard sales Impact of scope changes & exchange rates on standard(1) sales (1) Standard: Copper standard price at €5,000/t and Aluminum standard price at €1,200/t (2) 9M 2025 is restated in compliance with IFRS 5 linked to the portfolio rotation (in millions of euros) 9M 2025(2) Scope Currency Organic growth 9M 2026 PWR-Transmission 1,114.5 - 57.3 (16.8) 1,155.0 PWR-Grid 991.5 - (5.2) 79.5 1,065.8 PWR-Connect 1,742.6 253.0 (14.4) 143.6 2,124.7 Subtotal Electrification 3,848.6 253.0 37.6 206.4 4,345.6 Other activities 643.6 - (10.1) (32.4) 601.2 TOTAL GROUP 4,492.2 253.0 27.5 174.0 4,946.7
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9M 2026 FINANCIAL INFORMATION | Page 21 Nexans 2026 © All right Reserved Q3 and 9M 2025 Pro Forma Bridge (IFRS 5) * The IFRS 5 restatements reflect i ) the deconsolidation of Non - Electrification activities following the announcement of exclusive negotiations for the divestiture of Autoelectric (the segment's last remaining business) and ii) the reclassification as external sales of sales made to the Industry & Solutions business, previously recorded as intercompany sales BRIDGE Q3 2025 STANDARD SALES BRIDGE 9M 2025 STANDARD SALES (in millions of euros) Q3 2025 Reported IFRS 5 Restatements* Q3 2025 Pro Forma & Restated PWR-Transmission 367.6 - 367.6 PWR-Grid 314.4 - 314.4 PWR-Connect 551.1 - 551.1 Non-Electrification (Industry & Solutions) 167.2 (167.2) - Subtotal excl. Other activities 1,400.3 (167.2) 1,233.1 Other activities 165.6 - 165.6 TOTAL GROUP 1,565.9 (167.2) 1,398.7 (in millions of euros) 9M 2025 Reported IFRS 5 Restatements* 9M 2025 Pro Forma & Restated PWR-Transmission 1,114.5 - 1,114.5 PWR-Grid 988.7 2.7 991.5 PWR-Connect 1,737.3 5.4 1,742.6 Non-Electrification (Industry & Solutions) 867.7 (867.7) - Subtotal excl. Other activities 4,708.2 (859.6) 3,848.6 Other activities 622.8 20.8 643.6 TOTAL GROUP 5,331.0 (838.8) 4,492.2
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9M 2026 FINANCIAL INFORMATION | Page 22 Nexans 2026 © All right Reserved ADJ. EBITDA FCF CONVERSION(1) ROCE DIVIDEND PAYOUT(2) LEVERAGE(3) GROUP >45% >20% 30% €1,150m (+/- €75M) ORGANIC SALES 2024-2028 CAGR (ELECTRIFICATION) 3-5% ≤ 1.0x 2028 guidance (1) FCF pre - M&A and equity operations / Adj . EBITDA assuming flat change in WC (2) Share of recurring net income (3) Ratio of Net Debt to Adjusted EBITDA
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9M 2026 FINANCIAL INFORMATION | Page 23 Nexans 2026 © All right Reserved Financial trajectory toward 2028 Agility and discipline across the board PWR-Transmission PWR-Grid PWR-ConnectFY 2025 FY 2028E Commercial Growth Quality of Execution Backlog Volume growth Mix premium Industrial excellence Volume growth Mix premium Operational excellence Competitiveness €728m €1,150m (+/- €75m) + Additional M&A Adjusted EBITDA (m€)
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9M 2026 FINANCIAL INFORMATION | Page 24 Nexans 2026 © All right Reserved A selective approach to further improve every business unit, catching up progressively with the Group best performers OUR VALUE CREATIONOUR GROWTH OUR CAPITAL ALLOCATION ADJUSTED EBITDA EXPANSION FREE CASH FLOW GENERATION Supported by Integrated metallurgy copper supply chain & copper recycling offer to our customers TARGETED M&A PWR-GRID & PWR-CONNECT SHAREHOLDER RETURN TARGETED M&A PWR-GRID & PWR-CONNECT SELECTIVE ORGANIC GROWTH L O W L E V E R A G E GROWTH CAPEX Nexans’ value creation model, Global Electrification Pure Player A model of profitable growth & solid cash generation
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9M 2026 FINANCIAL INFORMATION | Page 25 Nexans 2026 © All right Reserved Diversified end-markets and balanced geographic footprint % SALES AT STANDARD METAL PRICES, EXCLUDING PWR-TRANSMISSION 16% NORTH AMERICA €682m 14% LATIN AMERICA €638m 53% EUROPE €2,367m 10% MIDDLE EAST & AFRICA €448m 7% APAC €307m €6.1Bn 2025 STANDARD SALES 38% 40% PWR-TRANSMISSIONPWR-GRID PWR-TRANSMISSION 13% 2% PWR-CONNECT 28% 30% €728m 2025 ADJUSTED EBITDA 27%22% PWR-GRID OTHERSOTHERS PWR-CONNECT
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9M 2026 FINANCIAL INFORMATION | Page 26 Nexans 2026 © All right Reserved €6 .1bn STANDARDSALES 12,830 PEOPLE 39 COUNTRIES OUR PURPOSE WE ELECTRIFY THE FUTURE OUR VALUES DEDICATED PIONNEERS UNITED OUR PROMISE SCALE-UP TO STEP-UP ELECTRIFICATIONBUSINESSES 2025 PWR-TRANSMISSION PWR-GRID PWR-CONNECT OTHER (MAINLY METALLURGY) Nexans at a glance A global player of energy transition
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9M 2026 FINANCIAL INFORMATION | Page 27 Nexans 2026 © All right Reserved Our strategy Electrifying the future PWR-TRANSMISSION Offshore wind Residential Datacenters Industrial Commercial Mobility Infrastructure Centralized generation Transmission subsea and land Distribution Usage Onshore wind Solar Hydro Nuclear Distributed generation (Utility scale) Distributed generation (Private) ELECTRIFICATION PWR- CONNECTPWR- GRID
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9M 2026 FINANCIAL INFORMATION | Page 28 Nexans 2026 © All right Reserved Copper production capacity Recycled copper an increasing part of the mix Source: Nexans data, Oliver Wyman analysis Inputs Outputs CATHODES & MILLBERRY COPPER SCRAP 240kt up to 240kt up to 80kt ROD NCCCR(1) project will unlock recycling capacity for Nexans starting in 2027, with flexibility between scrap refining volumes and primary copper use (1)NCCCR: Nexans Continuous Copper Casting and Refining, in Lens, France
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9M 2026 FINANCIAL INFORMATION | Page 29 Nexans 2026 © All right Reserved Nexans ESG Ratings Ratings go from 0 (lower) to 100 (higher) CLIMATE & SUPPLIER ENGAGEMENT(1) WATER Ratings go from D - (lowest) to A (highest) Ratings go from CCC (lowest) to AAA (highest) 78 A A- A 22.5 Ratings go from 0 (negligible risk) to 40+ (severe risk) Nexans’ continuous ESG progress is positioning the Group among the top performers in its industry as of 2026 as of Sep 2026 as of Jul 2026 as of Oct 2026 (1) Supplier Engagement score reflects CDP's assessment of companies' climate engagement across their value chain and supplier management practices (2) Nexans is in the top 5% of companies rated by EcoVadis in the Manufacture of wiring and wiring devices industry (2)
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9M 2026 FINANCIAL INFORMATION | Page 30 Nexans 2026 © All right Reserved Sustainability In our compass SCIENCE BASED INITIATIVE (SBTi) TARGETS VS 2019 BASE YEAR SCOPE 3 EMISSIONS UPSTREAM SCOPE 1 EMISSIONS DIRECT SCOPE 3 EMISSIONS DOWNSTREAM SCOPE 2 EMISSIONS INDIRECT PURCHASE OF RAW MATERIALS BUSINESS TRAVEL USE OF SOLD PRODUCTS INDUSTRIAL OPERATIONS PURCHASE OF ELECTRICITY FREIGHT FREIGHT WASTES Carbon emissions reduction (in %) 2019 2028 2030 -30% -46% 2050 -30% -42% APPROVED 2025 -49% -40% Good performance and progress to date occurs in stages and cannot be extrapolated linearly to the year 2030. Rounded figures. -49% -40% Mainly driven by: • Energy efficiency initiatives on sites • 66% of Renewable Electricity used in our facilities • Low-Carbon Aluminum purchased Scopes 1&2 Scope 3 2025
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9M 2026 FINANCIAL INFORMATION | Page 31 Nexans 2026 © All right Reserved Glossary Adjusted PWR-Transmission backlog: Backlog adjusted for secured but not yet implemented Subsea, Land and Special Telecom contracts. Adjusted EBITDA: Starting 2023, Nexans consolidated adjusted EBITDA is defined as operating margin before (i) depreciation and amortization, (ii) share-based payment expenses, and (iii) other specific operating items which are not representative of the business performance. Free Cash Flow (FCF): FCF is determined based on EBITDA restated for the net change in provisions including pensions/other post-employments benefits and other non-cash items. It also includes net changes working capital, capital expenditures net of disposal proceeds, other investing cash-in/out but excluding those related to the sale/purchase of shares in a company with a change in consolidation method, restructuring cash-out, financial interest paid and income tax paid. Operating margin: The operating margin is assessed before the impact of (i) the revaluation of the Core exposure, (ii) impairment of property, plant and equipment, intangible assets or goodwill resulting from impairment tests, (iii) the change in fair value of non-ferrous metal financial instruments, (iv) capital gains and losses on asset disposals, (v) related acquisition costs for completed acquisitions and costs and fees related to planned acquisitions, (vi) expenses and provisions for antitrust investigations, (vii) reorganization costs, (viii) the share in net income of associates, (ix) net financial income (loss), (x) taxes and (xi) net income from discontinued operations. Organic growth: Standard sales growth as a percentage of prior- year standard sales. Organic growth is a measure of growth excluding the impact of changes in the scope of consolidation and changes in exchange rates. ROCE (Return on Capital Employed): ROCE is defined as 12 months Operating Margin in relation to end-of-period Operational Capital Employed, excluding the antitrust provision. Operational Capital Employed includes working capital items, intangible and tangibles assets, loans and receivables, deferred taxes, reserves excluding pensions and other employee benefit reserves and restructuring reserves. Recurring net income: the recurring net income corresponds to the sum of the operating margin, the cost of financial debt (net), other financial income and expenses (excluding impairment of financial assets where applicable), and the normative corporate income tax. Sales at standard non-ferrous metal prices: Sales figures based on a standard price for copper and aluminum in order to neutralize the effect of fluctuations in non-ferrous metal prices and therefore measure the underlying sales trend. Starting on January 1, 2020, these references are set at 5,000 euros per metric ton for copper and 1,200 euros per metric ton for aluminum and are then converted into the currencies of each unit, thus taking into account the specific economic conditions of the units. Sales at current non-ferrous metal prices: Net sales (at current metal prices) represent revenue from sales of goods held for resale, as well as sales of goods and services deriving from the Group’s main activities, for which consideration has been promised in contracts drawn up with customers.
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FINANCIAL CALENDAR Financial Calendar and Contact Audrey Bourgeois VP Investor Relations +33 1 78 15 00 43 audrey.bourgeois@nexans.com February 24, 2027: 2026 full-year results