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2026 Half Year Results 05 August 2026 Videndum L 1197 RJKHRI OOOOO CCCCO CCCCO Enabling the capture and sharing of exceptional content .
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2 | Videndum plc Agenda ▪ Overview ▪ Significant events ▪ Financial review ▪ Strategic and operational priorities ▪ Summary and outlook
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3 | Videndum plc Overview ▪ Difficult trading conditions in H1 ▪ Like-for-like revenue in line with prior year on a constant currency basis (excluding £4.3m from discontinued brands in H1 2025 and £0.4m in H1 2026) ▪ Increase in adjusted EBITDA* to £3.0m ▪ £2.3m adjusted operating cash flow* despite an adjusted operating loss* ▪ Net debt decreased by £103.0m across H1 2026 to £39.3m at 30 June 2026 including £24.2m of leases * Before adjusting items and excluding discontinued operations.
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4 | Videndum plc Significant Events ▪ The new Manfrotto ONE production line failures at the Feltre manufacturing facility caused sales of the Manfrotto ONE range to be significantly lower than anticipated. A proportion of sales have been deferred into H2 ▪ Conflict in the Middle East impacted large contracts with studios in the area. In addition, increased logistics costs delayed customer purchasing decisions, impacting H1 trading ▪ £85m equity raise on 30 March 2026, combined with c.£39m of debt equitisation and write-off ▪ Strengthened go-to-market execution and geographic reach, expanding aggressively in Asia ▪ Continued progress on cost saving initiatives. c.£3.5m achieved in H1 2026 and expected to deliver full year savings of c.£8m ▪ c.£10m (15%) reduction in inventory compared to 30 June 2025 ▪ Accelerated rate of innovation with 26 new product lines scheduled for release in 2026
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5 | Videndum plc 5.5 (5.3) (1.4) (4.3) H1 2025 Disc. brands H1 2025 like- for-like Olympics & World Cup Other H1 2026 like- for-like FX H1 2026 Revenue flat on a like-for-like basis ▪ Discontinued the JOBY and National Geographic brands in 2025 ▪ Winter Olympics held in Italy; FIFA World Cup held in the US, Canada and Mexico ▪ The new Manfrotto ONE production line failures in Feltre resulted in a proportion of sales being deferred to H2 ▪ As a result, sales of the Manfrotto ONE range significantly lower than anticipated ▪ Adverse FX from weaker USD Bridge of Revenue from Continuing Operations (£m) Revenue H1 2026 excludes £0.4m of revenue from discontinued brands whose profit goes through adjusting items 115.4 111.1 109.9111.3
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Capture. Share. Financial review
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7 | Videndum plc Comprehensive refinancing Platform established for Group to deliver on business potential ▪ Successfully completed the Group refinancing, creating a stronger and more sustainable capital structure ▪ Reduced net debt by £109.9m ▪ Secured £46.5m of ongoing debt facilities with an appropriate covenant structure ▪ Materially improved leverage ratios, significantly strengthening the Group's financial position ▪ Established a solid financial platform to support execution of the Group's strategy and long-term growth
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8 | Videndum plc P&L Summary ▪ Revenue lower than H1 2025, which included £4m revenue from discontinued brands ▪ Restructuring savings and lower depreciation driving increase in gross margin, and lower operating expenses ▪ Net finance expense increase from amortisation of fees and debt fee write-off (tranche B) * Before adjusting items and excluding discontinued operations. Difficult trading conditions mitigated through cost savings Continuing operations* £m Revenue 109.9 115.4 (5)% Gross profit 40.1 40.8 (2)% Gross margin 36% 35% +1%pts Operating expenses (45.0) (47.8) (6)% Operating loss (4.6) (7.0) (34)% D&A 7.6 9.4 (19)% EBITDA 3.0 2.4 +25% Net finance expense (8.8) (7.3) +21% Loss before tax (13.4) (14.3) (6)% H1 25H1 26 % Change
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9 | Videndum plc 3.5 (2.2) 3.0 2.4 (0.7) H1 2025 Restructuring Savings Inflation Other H1 2026 EBITDA* Increased EBITDA* year-on-year Bridge of EBITDA* (£m) ▪ Restructuring savings from actions taken in 2025 as well as continued actions in 2026 ▪ Partly offset by wage and materials inflation * Before adjusting items and excluding discontinued operations.
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10 | Videndum plc £m H1 26 H1 25 Debt forgiveness 16.9 - Impairment of assets - (0.9) Amortisation of intangible assets that are acquired in a business combination (0.1) (1.4) Restructuring costs (0.7) (3.3) Other adjusting items (1.9) (3.0) Adjusting items in operating loss 14.2 (8.6) Cash items 16.6 (6.3) Non-cash items (2.4) (2.3) Adjusting items Adjusting items of £14.2m profit ▪ Adjusting items of £14.2m profit mainly in respect of £16.9m debt write-off ▪ Other adjusting items: ▪ £3.3m loss on transfer of the UK Videndum Defined Benefit Pension Scheme; partly offset by: ▪ £0.9m credit from the release of an accrual for refinancing costs ▪ £0.4m income from sales of JOBY products
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11 | Videndum plc £m H1 26 H1 25 EBITDA* 3.0 2.4 Trade Working Capital* 5.5 4.7 Capex (4.6) (5.4) Other OCF (1.6) (2.3) OCF* 2.3 (0.6) Interest on new debt terms (2.0) (2.0) Lease payments (2.7) (3.3) Ongoing cash flow (2.4) (5.9) Interest on old debt terms (2.5) (4.2) Tax (0.1) 4.5 Restructuring (2.2) (5.7) Amimon disposal - (2.1) Employee incentive shares - (0.4) Cash flow excl refinancing (7.2) (13.8) Cash Flow Positive OCF driven by strong working capital performance ▪ Strong trade working capital performance driven by collection of receivables and continued decrease in inventories ▪ Positive OCF offset by interest and lease payments ▪ Interest on old debt terms represents interest that would not have been incurred had the raise occurred on 1 January 2026 ▪ Cash restructuring costs mainly from unwind of amounts provided in FY24 * Before adjusting items and excluding discontinued operations.
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12 | Videndum plc Net Debt £103m decrease in net debt; £25m of liquidity ▪ £103.0m decrease in net debt predominantly driven by the refinancing ▪ £33.0m gross borrowings ▪ £31.5m Term Loan (tranche A) ▪ £1.0m utilised RCF ▪ £0.5m other loans ▪ £25.1m liquidity £m Jun-26 Dec-25 Jun-25 Closing Net Debt (39.3) (142.3) (137.7) Cash 11.1 11.0 11.4 Gross Borrowings (33.0) (132.4) (124.6) Leases (24.2) (25.2) (28.1) Unamortised loan fees 6.8 4.3 3.6
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13 | Videndum plc Strategic and operational priorities
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14 | Videndum plc Strategic and operational priorities ▪ Strategic focus on professional content creation ▪ Accelerate innovation in core categories ▪ Strengthen go-to-market execution and geographic reach ▪ Focus on product cost ▪ SKU rationalisation and portfolio simplification ▪ Improve operational efficiency Revenue growth underpinned by strategic focus and innovation
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15 | Videndum plc Appointment of Jan Peter Tewes ▪ Jan Peter Tewes appointed Group Chief Executive Officer, effective 17 August 2026 ▪ Brings extensive international leadership experience ▪ Strong track record in brand and channel management with proven ability to drive operational improvement ▪ Ideally suited to lead Videndum through its next phase of development ▪ Stephen Harris to resume role as Non-Executive Chairman
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16 | Videndum plc Summary and outlook
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17 | Videndum plc Recap of key achievements ▪ £85m equity raise on 30 March 2026, combined with c.£39m of debt equitisation and write-off ▪ Strengthened go-to-market execution and geographic reach, expanding aggressively in Asia ▪ Continued progress on cost saving initiatives. c.£3.5m achieved in H1 2026 and expected to deliver full year savings of c.£8m ▪ c.£10m (15%) reduction in inventory compared to 30 June 2025 ▪ Accelerated rate of innovation with 26 new product lines scheduled for release in 2026
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18 | Videndum plc Outlook Trading conditions during the first half of the year were difficult. Performance suffered due to production line failures in Feltre as well as disruption arising from the conflict in the Middle East. Management has continued to take self-help actions to improve commercial execution, optimise inventory and reduce costs, and the majority of the production challenges at Feltre have now been resolved. However, due to the ongoing challenging trading conditions, the Board now expects full year adjusted EBITDA* to be between £15m and £18m. Looking to the medium term, we expect to deliver revenue in excess of £350m, together with a mid teens adjusted EBITDA margin. This outlook is underpinned by ongoing operational efficiencies, disciplined cost reduction initiatives and the continued contribution from new products. * Before adjusting items and excluding discontinued operations.
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19 | Videndum plc Appendix
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20 | Videndum plc Select financial guidance items FY EBITDA to be between £15m and £18m H1 H2 FY D&A £8m £9m £17m EBITDA £3m £12m-£15m £15m-£18m Capex £(5)m £(5)m £(10)m Cash interest £(5)m £(2)m £(7)m Lease payments £(3)m £(3)m £(6)m
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21 | Videndum plc R&D sites Where we operate ▪ c.1,200 employees. Sites in 8 countries; sell into 100+ countries ▪ Well-invested manufacturing facilities in Italy, Costa Rica, US ▪ R&D centres in UK, Italy, US ▪ Far East Procurement Centre in Shenzhen, China ▪ Distribution centres in UK, Germany, China, Singapore, Japan H1 26 revenue analysis by location of customer 41% 40% 14% 5% North America Europe APAC Rest of the World Manufacturing sites Distribution sites Procurement centre US Costa Rica Italy Japan China Singapore Germany UK West Byfleet & Sunbury Bury St Edmunds Group Head Office
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22 | Videndum plc Product portfolio Audio capture Audix Rycote Backgrounds Colorama Savage Superior Camera accessories Teradek Wooden Camera Carrying solutions Gitzo Lowepro Manfrotto Sachtler Distribution, rental & services Camera Corps The Camera Store IP Video Teradek Lens control systems Teradek Lighting & lighting controls Manfrotto Litepanels Quasar Science Mobile power Anton/Bauer Monitors SmallHD Prompters Autocue Autoscript Robotic camera systems Camera Corps Vinten Supports Avenger Gitzo Manfrotto OConnor Sachtler Vinten Video transmission systems Teradek
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23 | Videndum plc Important notice Forward-looking statements This presentation contains forward-looking statements with respect to the financial condition, performance, position, strategy, results and plans of Videndum plc (the “Group”, “Videndum”, or the “Company”) based on Management’s current expectations or beliefs as well as assumptions about future events. These forward-looking statements are not guarantees of future performance. Undue reliance should not be placed on forward-looking statements because, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and the Group’s plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. The Company undertakes no obligation to publicly revise or update any forward-looking statements or adjust them for future events or developments. Nothing in this presentation should be construed as a profit forecast. The information in this presentation does not constitute an offer to sell or an invitation to buy shares in the Company in any jurisdiction or an invitation or inducement to engage in any other investment activities. The release or publication of this presentation in certain jurisdictions may be restricted by law. Persons who are not resident in the United Kingdom or who are subject to other jurisdictions should inform themselves of, and observe, any applicable requirements. This presentation contains brands and products that are protected in accordance with applicable trademark and patent laws by virtue of their registration. Adjusted performance measures In addition to statutory reporting, Videndum reports alternative performance measures from continuing operations (“APMs”) which are not defined or specified under the requirements of International Financial Reporting Standards (“IFRS”). The Group uses these APMs to aid the comparability of information between reporting periods and Divisions, by adjusting for certain items which impact upon IFRS measures and excluding discontinued operations, to aid the user in understanding the activity taking place across the Group’s businesses. APMs are used by the Directors and Management for performance analysis, planning, reporting and incentive purposes. A summary of APMs used and their closest equivalent statutory measures is given in the Glossary to the Condensed Consolidated Financial Statements .