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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information Investors presentation Q3 2026 Revenue October 26, 2026
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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information This document was prepared by Verimatrix and is provided for information purposes only. It is public information only. This presentation includes statements that are, or may be deemed to be, “forward looking statements” and may include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance of Verimatrix if completed (the “Transaction”). These forward-looking statements are generally identified by the use of forward-looking terminology, including terms such as “ believe,” “estimate,” “anticipate,” “expect,” “intend,” “may,” “or” and similar expressions, and include statements that Verimatrix makes concerning the intended results of its strategy and of the completion of the Transaction. Although Verimatrix management believes that the expectations reflected in such forward-looking statements are reasonable, Verimatrix cannot assure investors that these expectations will prove to be correct. Investors are cautioned that forward looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Verimatrix that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. No statement in this presentation is intended as a profit forecast or estimate for any period. Persons receiving this document may not and should not rely on forward looking statements. Past performance is not an indicator of future results and the results of Verimatrix in this document may not be indicative of, and are not an estimate or forecast of, the future results of Verimatrix. The forward-looking statements speak only as of the date hereof and, other than as required by applicable law, Verimatrix does not undertake any obligation to update or revise any forward-looking information or statements. For a more detailed description of the risks and uncertainties with respect to Verimatrix , please refer to the "Risk factors" section of the 2019 universal registration document filed with the AMF (French Financial Markets Authority) on May 11, 2020, available on https://investors.verimatrix.com/ This presentation and the information it contains are not and will not constitute or form part of an offer of securities or a solicitation for the purchase, subscription or sale of securities of Verimatrix in the United States of America or any other jurisdiction where restrictions may apply. Securities of Verimatrix may not, directly or indirectly, be offered, sold, pledged or otherwise transferred within the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933 as amended (the “Securities Act”). The Company’s shares have not been and will not be registered under the Securities Act. Neither the Company nor any other person intends to conduct a public offering of the Company’s securities in the United States. Disclaimer 2 Verimatrix Confidential — Copyright © 2026. Verimatrix, All Rights Reserved 2
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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information Your speakers today CFO Jean-François Labadie Verimatrix Confidential — Copyright © 2026. Verimatrix, All Rights Reserved 3 CEO Laurent Dechaux
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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information Verimatrix: a leading provider of user-centric security solutions for a safer connected world Protect valuable contents Protecting content for Streaming Media, Pay TV, T elcos and Broadcasting Verimatrix protects valuable revenue streams of media distributors , from TV operators, to OTT service providers, from live and VoD, to innovative eSports and the metaverse Anti-piracy products and services fight piracy across devices with a throttled approach to trace, degrade, and shut down industrial scale piracy of copyrighted content at SaaS speed Hybrid: On-premise and Saas ANTI-PIRACY 4
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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information Key highlights Q3 2026: contracts and partnerships 5 LatAm New On-Prem Multi-DRM system APAC New On-Prem Multi-DRM system India telco operator EMEA VCAS upgrade Middle East telco operator LatAm Displaced competitor with our Multi-DRM system Chilean telco operator APAC CounterSpywin India telco operator EMEA Streamkeeperwin EMEA CounterSpywin and expansion Sport counter owner
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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information Q3 Revenue: +20% COMMENTS – Anti-Piracy Recurring revenue: $7.2m (+5%) and 69% of anti-piracy total revenue Back to growth driven both by existing customer retention and new customer acquisition Subscriptions revenue at $3.9m (+5%) is the main revenue contributor • Non-recurring revenue: $3.2 million (+73%) and 31% of anti-piracy total revenue Good momentum across all regions, particularly in India (APAC), Mexico (LATAM) • Total Anti-Piracy revenue $10.4m +20% (in US$ million) Q3 2026 Q3 2025 Var. Recurring revenue 7.2 6.8 +5% of which subscriptions 3.9 3.7 +5% of which maintenance 3.3 3.1 +7% Non-recurring revenue 3.2 1.9 +73% Total revenue Anti-Piracy 10.4 8.7 +20% 6
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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information 9 months Revenue: -3% YTD ARR: +1% Verimatrix Confidential — Copyright © 2026. Verimatrix, All Rights Reserved 7 COMMENTS • Recurring revenue: $21.7m (stable) and 68% of total revenue Subscriptions revenue at $11.9m, (+7%) thanks to a good dynamic from our solutions dedicated to streaming • Non-recurring revenue: $10.0m (-9%) due to both a high comparison base of Q2 2025 and a structural decline of set up box. • Total revenue: $31.6m (-3%) • ARR: $27.8m (+1%) at the end of Q3 Driven by Subscriptions ARR: +13% to reach $16.6m Maintenance ARR revenue: -13% in line with the business model (in US$ million) Q1 2026 Q2 2026 Q3 2026 YTD 2026 YTD 2025 Var. Recurring revenue 7.1 7.4 7.2 21.7 21.6 0% of which subscriptions 3.8 4.2 3.9 11.9 11.1 +7% of which maintenance 3.3 3.2 3.3 9.8 10.5 -7% Non-recurring revenue 3.2 3.5 3.2 10.0 10.9 -9% Total revenue Anti- Piracy 10.3 11.0 10.4 31.6 32.5 -3% Total Annual Recurring Revenue (ARR) 27.8 27.5 +1% of which subscriptions 16.6 14.7 +13% of which maintenance 11.2 12.8 -13%
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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information Annual Recurring Revenue trend from subscriptions: +13% COMMENTS • Anti-Piracy subscriptions ARR growth: +13% yoy and +9% vs 31/12/2025 Good momentum with our Streamkeeper suite First order from one of our Indian customer Increased traction from live sport streaming 8 11.1 11.4 12.7 13.0 13.6 14.1 14.5 14.6 14.7 15.2 15.5 16.1 16.6 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 ARR from SaaS & subscription Anti -Piracy (in $m)
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VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information Total Annual Recurring Revenue Anti-Piracy: +1% 25.6 26.6 27.4 27.4 28.0 28.1 28.0 27.6 27.5 27.1 27.3 27.5 27.8 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Total ARR Anti-Piracy (in $m) COMMENTS • Total ARR: +1% yoy and +3% vs 31/12/2025 Growth for the third consecutive quarter, after one year of quarterly decrease. Recovery of lost ARR value since Q3 2025 first the first time this year
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Copyright © 2023 Verimatrix. All Rights Reserved. 10 VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information 2026 OUTLOOK
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Copyright © 2026 Verimatrix. All Rights Reserved. VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information 3 strategic priorities Refocus on core business Winning through new partnerships Innovate in core adjacencies
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Copyright © 2026 Verimatrix. All Rights Reserved. VERIMATRIX Confidential - This document hereto is intended only for use by the addressee(s) named herein and may contain confidential information Back to Revenue Growth Significant growth in Ebitda Above 3 M$ Growth in Recurring Revenue 2026 outlook: confirmed and in line with our 2028 roadmap
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Investor relations CFO finance@verimatrix.com SEITOSEI.ACTIFIN Jean-Yves BARBARA Jean-yves.barbara@seitosei-actifin.com Media Contact Matthew Zintel communication@verimatrix.com INFORMATION INVESTOR Visit: https://investors.verimatrix.com/ NEXT EVENTS (after market) • FY 2026 revenue and results: 11 March 2027 • Q1 2027 revenue: 26 April 2027 • First half 2027 Revenue and Results: 23 July 2027 • Q3 2027 Revenue: 21 October 2027