Slides
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Presentation of H1 2026 results Paris, 29 July 2026
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2 This presentation contains forward-looking information subject to certain risks and uncertainties that may affect the Group’s future growth and financial results. Readers are reminded that licence agreements, which often represent investments for clients, are signed in greater numbers in the second half of the year, with varying impacts on end-of- year performance. Actual outcomes and results may differ from those described in this document due to operational risks and uncertainties. More detailed information on the potential risks that may affect the Group’s financial results can be found in the 2025 Universal Registration Document filed with the Autorité des Marchés Financiers (AMF) on 13 March 2026 (see pages 42 to 50 in particular). Sopra Steria does not undertake any obligation to update the forward-looking information contained in this document beyond what is required by current laws and regulations. The distribution of this document in certain countries may be subject to the laws and regulations in force. Persons physically present in countries where this document is released, published or distributed should enquire as to any applicable restrictions and should comply with those restrictions. Disclaimer Presentation of H1 2026 results – 29/07/2026
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3 Introduction Rajesh Krishnamurthy, Chief Executive Officer
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4 01 Highlights of H1 2026 02 Operating position by reporting unit 03 Financial results for H1 2026 04 Outlook and targets 05 Annexes Presentation of H1 2026 results – 29/07/2026 Contents
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5 01. Highlights of H1 2026 Rajesh Krishnamurthy, Chief Executive Officer
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6 Solid results in H1 2026 Full-year target for organic growth raised: 2.0% to 2.5% (vs 1% to 2% previously) Confirmation of other full-year targets Acceleration in underlying organic growth Increase in net profit attributable to the Group €146.3m Up 3.0% vs H1 2025 Higher operating margin on business activity 9.6% vs 9.2% in H1 2025 Q2 Q1 Presentation of H1 2026 results – 29/07/2026 5.3% 4.4% Excluding impact of the end of the SFT programme, which had a non-recurring dilutive impact of around 2 points
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7 Strong momentum in Q2 Strong growth momentum maintained Geographies Sectors Consulting Return to growth expected in H2 Growth driven by strategic verticals Growth sustainable in H2 Sectors benefiting from favourable medium-term outlook 3rd consecutive quarter of growth Strong momentum Aeronautics Defence, Security & Space Public Sector Financial Services Q2 26 11% Q4 25 Q1 26 Stabilisation confirmed in Q2 Moderate contraction in Q2 Around 5% Presentation of H1 2026 results – 29/07/2026
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8 Major deals Presentation of H1 2026 results – 29/07/2026
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9 AI driving growth and transformation Presentation of H1 2026 results – 29/07/2026 +32% • ServiceNow • SAP • Cloud • Data/AI Next-generation BPS equipped with agentic AI Reinventing business processes at scale thanks to AI, combining technological innovation with operational expertise Single integrated platform featuring assets, tools and solutions Outcome-based model Top-priority roll-out to regulated environments: public sector, financial services, defence, healthcare... Development of sovereign AI for critical and regulated sectors Design of AI tailored to specific businesses in our strategic verticals AI Factory for secure, scaled roll-out of AI solutions Agentic AI as core component of production methods Agnostic architecture compatible with multiple AI models and in-house tools Native AI production platform, covering all business lines, and powered by state-of-the-art methods, tools and practices Non-black-box development, overseen by our software engineering experts: critical decisions remain under human control Sovereign agentic AI solutions by vertical AI Backbone IAka
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10 Unique positioning in critical and regulated sectors central to Europe’s priorities Aeronautics (11%) Design of next-generation aircraft, faster time to market, swifter pace of operations and measure to secure supply chains 70% of revenues Leading player in Europe Specialist in critical systems Leading partner for sovereignty in Europe Capacity to scale up sovereign technologies Public Sector (26%) Transformation driven by organisational pooling, systems convergence and AI integration Increase in military budgets in Europe, multi- domain operations, sovereignty, defence AI, cyber defence and autonomous systems Defence, Space & Security (14%) Transformation driven by key priorities surrounding data, cybersecurity, compliance and AI Financial Services (19%) 4 strategic sectors with promising medium- to long-term potential Presentation of H1 2026 results – 29/07/2026 In-depth knowledge of our clients’ business needs Fixed-price contract model (60% of revenue)
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11 Progress made on sustainability, responsible digital technology and impact on society Level 2 Numérique Responsable (NR) certification secured, the highest level awarded by France’s Institut du Numérique Responsable More than 10,000 employees familiarised with or trained in sustainable design Platinum: Top 1% Score: 98/100 (up 4 pts vs 2025) 100/100 for Environment, Labour & Human Rights Presentation of H1 2026 results – 29/07/2026 Partnership with e-Enfance to protect young people in the digital age Raising awareness of online risks and responsible uses of digital technology Stepping up our commitment to digital trust and inclusion Ongoing ISO 14001 certification of the Group’s major sites, particularly in France
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12 02. Operating position by reporting unit Étienne du Vignaux, Chief Financial Officer
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13 Presentation of segment information Presentation of H1 2026 results – 29/07/2026 In light of changes to its operating model and increased central investments, Sopra Steria has decided to adjust how it allocates costs to service lines and verticals Investments in service lines (Consulting, DPS, Cyber) and verticals (Aeronautics, Defence, Security & Space, Financial Services), which were historically assigned to the “France” reporting unit, are now allocated across all reporting units This adjustment has no impact on the Group’s operating profit on business activity The various reporting units’ operating profit on business activity for 2025, as set out in the following slides, has been restated using the 2026 methodology to ensure comparability
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14 Operating performance by reporting unit Presentation of H1 2026 results – 29/07/2026 H1 2026 (€m) H1 2025 Restated* (€m) Organic growth (%) H1 2026 (% of Rev.) H1 2025 Restated** (% of Rev.) H1 2025 Reported (% of Rev.) France 1,315.6 1,228.2 +7.1% 9.5% 10.2% 9.2% United Kingdom 454.1 443.1 +2.5% 9.5% 8.7% 9.5% Europe 1,008.4 1,029.0 -2.0% 9.1% 7.4% 8.1% Solutions 180.9 171.7 +5.3% 14.0% 14.4% 15.2% Total 2,958.9 2,872.0 +3.0% 9.6% 9.2% 9.2% of which: Impact of SFT -1.9% * At 2026 scope and exchange rates ** Based on 2026 cost allocation methodology Revenue Operating profit on business activity
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15 France Presentation of H1 2026 results – 29/07/2026 Sustained organic growth in H1 • Strong momentum in Q1 (up 7.2%) as in Q2 (up 7.1%) • Strong growth in Public Sector; Transport; Aeronautics; Defence, Security & Space; and Financial Services Temporary impact of higher subcontracting rate • Launch and rapid ramp-up of certain major projects (€m) (% of Rev.) (€m) (% of Rev.) Revenue 1,315.6 1,207.9 Organic growth (%) 7.1% Op. profit on business activity 124.4 9.5% 123.1 10.2% Profit from recurring operations 117.8 9.0% 112.5 9.3% Operating profit 106.2 8.1% 108.2 9.0% ** Based on 2026 cost allocation methodology France H1 2026 H1 2025 **
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16 United Kingdom Presentation of H1 2026 results – 29/07/2026 Organic growth driven by: • Next-generation BPS • Financial Services • Defence • Services related to new technologies Operating margin on business activity up 0.8 points (€m) (% of Rev.) (€m) (% of Rev.) Revenue 454.1 456.2 Organic growth (%) 2.5% Op. profit on business activity 43.4 9.5% 39.8 8.7% Profit from recurring operations 37.8 8.3% 32.5 7.1% Operating profit 38.1 8.4% 28.7 6.3% ** Based on 2026 cost allocation methodology United Kingdom H1 2026 H1 2025 **
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17 Europe Presentation of H1 2026 results – 29/07/2026 Excluding SFT, organic revenue growth of 3.0% • Buoyant growth in Switzerland, Italy and Spain; Acceleration in Scandinavia in Q2 • Stabilisation in Q2 in Germany and Belgium • Moderate contraction in the Netherlands Revenue for SFT: €37m vs €85.8m in H1 2025 Operating margin on business activity up 1.7 points • Improvement in most countries • Reversals of provisions for SFT as part of the end of the programme in H1 (€m) (% of Rev.) (€m) (% of Rev.) Revenue 1,008.4 1,015.2 Organic growth (%) -2.0% Op. profit on business activity 91.4 9.1% 74.8 7.4% Profit from recurring operations 83.3 8.3% 66.0 6.5% Operating profit 54.3 5.4% 56.7 5.6% ** Based on 2026 cost allocation methodology Europe H1 2026 H1 2025 **
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18 Solutions Presentation of H1 2026 results – 29/07/2026 Human Resources Solutions: Up 4.3% Property Management Solutions: Sustained growth Operating margin on business activity relatively stable (€m) (% of Rev.) (€m) (% of Rev.) Revenue 180.9 164.4 Organic growth (%) 5.3% Op. profit on business activity 25.3 14.0% 23.7 14.4% Profit from recurring operations 25.0 13.8% 22.9 13.9% Operating profit 25.0 13.8% 21.7 13.2% ** Based on 2026 cost allocation methodology Solutions H1 2025 **H1 2026
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19 03. Financial results for H1 2026 Étienne du Vignaux, Chief Financial Officer
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20 (€ m) ( % o f Re v .) (€ m) ( % o f Re v .) Revenue 2,958.9 2,843. 7 Organic growth 3.0% Operating profit on business activity 284. 5 9. 6% 2 6 1.4 9 .2% Share-based payment expenses -9.5 - 15 . 9 Amortisation of allocated intangible assets - 11. 1 - 11. 6 Profit from recurring operations 263. 9 8. 9% 234. 0 8 .2% Other operating income and expenses -40.4 - 18 . 6 Operating profit 223.5 7.6 % 21 5.3 7.6 % Cost of net financial debt -8.2 - 10 . 4 Other financial income and expenses - 11. 5 -7.6 Tax expense -55.5 -46.7 Net profit/(loss) from associates 0.0 - 1. 9 Consolidated net profit 1 48. 3 5.0 % 1 48. 6 5.2% of which: Attributable to the Group 1 46.3 4.9% 14 2 . 0 5.0% of which: Non-controlling interests 2.0 6.6 H1 2025 reportedH1 2026 Income statement Presentation of H1 2026 results – 29/07/2026
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21 H1 2026 (€ m) H1 2025 (€ m) E xpenses arising from business combinations - 1. 7 -0.6 R estructuring and reorganisation costs -29.2 - 18 . 9 Other -9.5 0.8 Other operating income and expenses -40. 4 - 18 .6 Other operating income and expenses Presentation of H1 2026 results – 29/07/2026 o/w SFT -€19.4m
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22 H1 2026 (€ m) H1 2025 (€ m) Profit before tax and share from equity-accounted companies 203. 8 19 7 .2 Effective tax expense -55.5 -46.7 E ffective tax rate (% ) 27.2% 23.7% Tax Presentation of H1 2026 results – 29/07/2026 Normative rate excluding non-recurring items: ~25% Tax rate expected to be ~27% in 2026
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23 Change in free cash flow Presentation of H1 2026 results – 29/07/2026 €m -145.9 -2.6 +41.2 -36.2 -0.1 -143.6 o/w -€29m impact of SFT, tax in France & social security contributions in Norway 0 Free cash flow H1 2025 EBITDA WCR Tax, reorganisation, restructuring Other Free cash flow H1 2026
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24 Change in net financial debt Presentation of H1 2026 results – 29/07/2026 Net financial debt at 31/12/2025 Free cash flow Changes in scope and financial investments Dividends Share buybacks Change in exchange rates Net financial debt at 30/06/2026 €m 246.7 -143.6 -87.2 -102.7 -42.7 +4.3 618.7
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25 Solid balance sheet structure (1) Pro forma EBITDA before impact of IFRS 16 3,427.3 Assets + WCR (€m) 59% 61% 4% 4% 3% 3% 13% 14% 20% 18% 30/06/2025 30/06/2026 Equity Pensions – Post-employment benefits Provisions for contingencies and losses Lease liabilities Net financial debt Simplified balance sheet 3,508.7 30/06/26 30/06/25 Net financial debt / EBITDA(1) Leverage 1.12x Leverage 1.17x Pensions – Post- employment benefits €154.9m €140.9m Net financial debt / Equity Gearing 29% Gearing 34% Presentation of H1 2026 results – 29/07/2026
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26 30/ 06/ 2026 Amount used (€ m) 30/ 06/ 2026 Amount authorised (€ m) Bo nd 250.0 250.0 B ank loans and borrowing facilities 405.0 460.0 Multi-currency revolving credit facility - 1 ,1 00.0 Overdrafts and other 9.2 1 85.6 Total 664. 2 1 ,995. 6 NEU CP 1 64.0 NE U MT N and other 60.9 Gross debt 889. 1 Cash and cash equivalents 270.4 N et fina ncia l debt 61 8.7 Diversified, accessible financing Available undrawn amount: €1.3bn i.e. 67% of authorised amount Maturities: • Bonds: maturing July 2026 and July 2027 • Amortising tranche: €168m repayable until 2028 • Tranches due at maturity: €237m maturing in 2027 and 2028 • Multi-currency revolving credit facility: 2029 Presentation of H1 2026 results – 29/07/2026 Refinancing: (1) • €300m secured Schuldschein loan • Bond maturities covered in advance • Extended debt maturity (2031 and 2033), diversified financing at a weighted cost of <4% (1) Effective date of the contract: 3 July 2026
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27 04. Conclusion Rajesh Krishnamurthy, Chief Executive Officer
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28 Priorities for H2 2026 Teams with in-depth business and technology expertise Long-term, trust-based relationships with our major clients Major exposure to verticals with promising long-term potential Presentation of H1 2026 results – 29/07/2026 CEO OVERVIEW FOR H1CEO OVERVIEW FOR H1 CONTEXT FOR H2CONTEXT FOR H2 OUTLOOKOUTLOOK Geopolitical and macroeconomic uncertainty Less favourable basis of comparison Larger impact of end of the SFT programme Ongoing favourable trends, particularly in Aeronautics, Defence, Security & Space and Public Sector Ongoing improvement in the situation in Germany, Belgium and the Netherlands
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29 Full-year targets for 2026 Organic revenue growth Between 2.0% and 2.5% vs Between 1.0% and 2.0% including a non-recurring negative impact of around 2 points arising from the conclusion of the SFT programme Around 5% Operating margin on business activity (as % of revenue) Free cash flow (as % of revenue) At least 9.5% Presentation of H1 2026 results – 29/07/2026
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31 05. Annexes
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32 Sopra Steria: A European leader in digital transformation 44% 15% 11% 9% 8% 7% 6% France United Kingdom Scandinavia Benelux Other Europe Germany Solutions 64% 11% 10% 9% 6% Systems Integration Digital Platform Services Business Process Services Consulting Solutions 26% 19% 14% 11% 7% 7% 4% 3% 9% Public Sector Financial Services Defence, Space & Security Aeronautics Energy & Utilities Transport Telecoms, Media & Entertainment Retail Other €5.6bn Revenue FY 2025 52,000 employees Operations in nearly 30 countries End-to-end approach Among the top 9 operating in Europe(1) (1) PAC – SITSI Vendor Rankings – IT Services – 2024 – EMEA (April 2025) Note: Breakdown excluding Starion, Nexova & Neocase for business lines Breakdown of revenue – 30 June 2026 Europe: 35% Presentation of H1 2026 results – 29/07/2026
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33 Revenue H1 2025 Currency fluctuations Changes in scope Organic growth Revenue H1 2026 Breakdown of change in consolidated revenue o/w GBP -€13m o/w NOK +€11m €m Presentation of H1 2026 results – 29/07/2026 2,843.7 2,958.9+86.9 +30.8 -2.5
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34 H1 2026 H1 2025 Net profit attributable to the Group (€m) 1 46.31 1 42.00 Weighted average number of shares outstanding excl. treasury shares 19 . 2 1 1 9.49 Basic earnings per share (€ ) 7.6 2 7.29 Basic recurring earnings per share (€ ) 9.4 4 8.01 T heoretical average number of shares 19 . 2 9 1 9.70 Diluted earnings per share (€ ) 7.59 7.21 Diluted recurring earnings per share (€ ) 9.4 1 7.92 Earnings per share Presentation of H1 2026 results – 29/07/2026
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35 H1 2026 (€ m) H1 2025 (€ m) Operating profit on business activity 284.5 2 6 1. 4 Depreciation, amortisation and provisions (excluding allocated intangible assets) 53.2 78.9 EBITD A 337.7 340.3 Non-cash items -2.2 -3.5 Tax paid -48.5 -23.2 Change in operating working capital requirement -294.3 -335.5 R eorganisation and restructuring costs - 3 1. 7 -20.8 Net cash from/ (used in) operating activities - 39.0 - 42.7 Change relating to investing activities -36.7 -28.9 Lease payments -56.4 - 6 1. 2 Net interest -7.4 -9.1 Additional contributions related to defined-benefit pension plans -4.1 -4.0 Free cas h flow - 14 3 . 6 - 14 5 . 9 Capital increase 0.0 0.0 Impact of changes in scope -82.1 -22.4 Financial investments -5.1 - 1. 2 Dividends paid - 10 2 . 7 -90.2 Dividends received from equity-accounted companies 0.0 0.0 Purchase and sale of treasury shares -42.7 -50.1 Impact of changes in foreign exchange rates 4.3 -4.9 Change in net financial debt -371 .9 - 3 14 . 6 Net financial debt at beginning of period 246.7 382.2 Net financial debt at end of period 61 8.7 696.8 Breakdown of change in net financial debt Presentation of H1 2026 results – 29/07/2026
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36 Simplified balance sheet Presentation of H1 2026 results – 29/07/2026 30/06/2026 (M€) 31/12/2025 (M€) Ecarts d'acquisition 2 466,7 2 375,6 Actifs incorporels affectés 140,5 151,6 Autres immobilisations 410,1 387,5 Droits d'utilisation des biens pris en location 430,2 385,1 Titres de participation mis en équivalence 1,0 1,0 Total actif immobilisé 3 448,4 3 300,8 Impôts différés nets 61,1 59,5 Clients et comptes rattachés (net) 1 461,6 1 290,1 Autres actifs et passifs -1 462,4 -1 564,3 Besoin en Fonds de Roulement (BFR) -0,8 -274,2 Actif économique 3 508,7 3 086,1 Capitaux propres 2 139,8 2 147,7 Retraites - avantages postérieurs à l'emploi 155,0 158,2 Provisions pour risques et charges 91,2 106,9 Dettes sur biens pris en location 504,0 426,5 Endettement financier net 618,7 246,7 Capitaux investis 3 508,7 3 086,1 30/06/2026 (€ m) 31 / 1 2/ 2025 (€ m) Goodwill 2,466.7 2,375.6 Allocated intangible assets 1 40.5 15 1. 6 Other fixed assets 41 0.1 387.5 Right-of-use assets 430.2 385.1 Equity-accounted investments 1. 0 1. 0 Total fixed assets 3,448. 4 3,300. 8 Net deferred tax 6 1. 1 59.5 Trade receivables and related accounts (net) 1, 4 6 1. 6 1 ,290.1 Other assets and liabilities -1 ,462.4 -1 ,564.3 Working capital requirement (WCR) - 0 .8 -274.2 Assets + W CR 3,508.7 3 ,086 .1 Eq uit y 2,1 39.8 2,1 47.7 Pensions – Post-employment benefits 1 55.0 1 58.2 Provisions for contingencies and losses 9 1. 2 1 06.9 Lease liabilities 504.0 426.5 Net financial debt 61 8.7 246.7 Ca pita l invested 3,508.7 3 ,086 .1
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37 30/06/2026 30/06/2025 Fr a nce 20,032 1 9,560 E urope 22,880 22,659 Outside E urope 264 233 International service centres 8,753 7,852 Total 51 ,929 50,304 Global workforce Presentation of H1 2026 results – 29/07/2026
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38 Changes in exchange rates Presentation of H1 2026 results – 29/07/2026 Changes in exchange rates Change (%) Average rate H1 2025 Average rate H1 2026 For €1 / % -2.9%0.8423 0.8672 Pound sterling +4.4%11.6608 11.1707 Norwegian krone +2.8%11.0961 10.7895 Swedish krona -0.2%7.4607 7.4721 Danish krone +2.6%0.9414 0.9179 Swiss franc
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39 Core shareholder backing the corporate plan Presentation of H1 2026 results – 29/07/2026 Ownership structure at 30 June 2026 19,689,538 listed shares 25,367,134 theoretical voting rights SOPRA GMTSOPRA GMT Pasquier family 54.0% 60.8% Odin family 22.4% 25.5% Historical managers 0.6% 0.5% Treasury shares 0.4% 0.2% One Equity Partners 22.6% 12.9% Founders & Management 2.6% 3.9% Sopra GMT 20.5% 29.9% Free floatInvestments managed on behalf of employees Treasury shares 68.6% 56.1%6.2% 8.5% 2.0% 1.6% 23.1% 33.8% Shareholders’ agreement SOPRA STERIA GROUPSOPRA STERIA GROUP % of share capital held % of voting rights held
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40 • Restated revenue: Revenue for the prior year, expressed on the basis of the scope and exchange rates for the current year. • Organic revenue growth: Increase in revenue between the period under review and restated revenue for the same period in the prior financial year. • EBITDA: This measure, as defined in the Universal Registration Document, is equal to consolidated operating profit on business activity after adding back depreciation, amortisation and provisions included in operating profit on business activity. • Operating profit on business activity: This measure, as defined in the Universal Registration Document, is equal to profit from recurring operations adjusted to exclude the share-based payment expense for stock options and free shares and charges to amortisation of allocated intangible assets. • Profit from recurring operations: This measure is equal to operating profit before other operating income and expenses, which includes any particularly significant items of operating income and expense that are unusual, abnormal, infrequent or not foreseeable, presented separately in order to give a clearer picture of performance based on ordinary activities. • Basic recurring earnings per share: This measure is equal to “Basic earnings per share” before “Other operating income and expenses” net of tax. • Return on capital employed (RoCE): (Profit from recurring operations before tax + Profit from equity-accounted companies) / (Equity + Net financial debt) • Free cash flow: Net cash from operating activities; less investments (net of disposals) in property, plant and equipment, and intangible assets; less lease payments; less net interest paid; and less additional contributions to address any deficits in defined-benefit pension plans. • Downtime: Number of days between two contracts (excluding training, sick leave, other leave and pre-sales) divided by the total number of business days. Alternative performance measures Presentation of H1 2026 results – 29/07/2026