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THIS INFORMATION SHEET WAS PREPARED BY 4IG NYRT. (HEADQUARTERS: BUDAPEST 1013, KRISZTINA KÖRÚT 39.). THIS INVESTOR PRESENTATION CONTAINS FORWARD-LOOKING STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS ABOUT OUR BELIEFS AND EXPECTATIONS, ARE FORWARD-LOOKING STATEMENTS. THESE STATEMENTS ARE BASED ON CURRENT PLANS, ESTIMATES AND PROJECTIONS, AND THEREFORE SHOULD NOT HAVE UNDUE RELIANCE PLACED UPON THEM. FORWARD-LOOKING STATEMENTS SPEAK ONLY AS OF THE DATE THEY ARE MADE, AND WE UNDERTAKE NO OBLIGATION TO UPDATE PUBLICLY ANY OF THEM IN LIGHT OF NEW INFORMATION OR FUTURE EVENTS. FORWARD- LOOKING STATEMENTS INVOLVE INHERENT RISKS AND UNCERTAINTIES. FORWARD LOOKING STATEMENTS DATA PROCESSING PLEASE NOTE THAT THIS EVENT IS BEING RECORDED FOR INTERNAL USE ONLY. BY JOINING THE PRESENTATION, YOU CONSENT TO BEING RECORDED. THIS PRESENTATION IS ALSO AVAILABLE IN THE "PRESENTATIONS FOR INVESTORS" SUBFOLDER OF OUR WEBSITE. Contact information of the data protection officer: dr. Ágoston Csordás (agoston.csordas (@) 4ig.hu) Purpose of data processing: Accurate recording of what was said during the presentation, to ensure that each of the participants acts based on authentic and clear information that can be accurately recalled later. Legal basis for data management: The consent of the data subject and the legitimate interest of the data controller. Legitimate interest: The data controller assumes responsibility for the information it provides, according to which the data controller's legitimate interest is to be able to faithfully recall the information provided in the event of a dispute or later question. Duration of storage: Completion of the transcript of the presentation, but no later than 45 days after the presentation. Rights of the data subject: You can request access to your personal data, its correction, deletion or restriction of processing, and you can object to the processing of personal data, and you have the right to data portability. You can withdraw your given consent later, but this does not affect the legality of the data processing carried out before the withdrawal. Filing a complaint: You can file a complaint with the National Data Protection and Freedom of Information Authority with a possible violation of rights related to data management. Postal address: 1363 Budapest, Pf.: 9. Address: 1055 Budapest, Falk Miksa st. 9-11. E-mail: ugyfelszolgalat (@) naih.hu URL: http://naih.hu 1
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INVESTOR PRESENTATION Q2 2026 31 AUGUST 2026 BUDAPEST
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SPEAKERS Vice Chairman, International Business Affairs Péter Fekete 3
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4 INVESTORS PRESENTATION AGENDA FINANCIAL PERFORMANCE 3 SEGMENT AND GEOGRAPHY DEEP DIVES 2 EXECUTIVE SUMMARY 5 KEY EVENTS SINCE THE PREVIOUS INVESTOR PRESENTATION 1 4 6 CREDIT RATING AND ESG QUESTIONS & ANSWERS CAPITAL MARKET PERFORMANCE 7 8 ECONOMIC ENVIRONMENT AND MARKET POSITIONS
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5 EXECUTIVE SUMMARY 2 4iG Plc. showed strong results in the first half of 2026. Net sales revenue increased by 16.7% to HUF 409.4 billion, while EBITDA decreased by 3.6% year-on-year on a normalised basis, reaching HUF 126.3 billion. The Net Debt/EBITDA ratio is at 3.7x, which supports the Group's disciplined financial policy. Scope Ratings has affirmed the credit rating of 4iG Group at BB-/Stable outlook 5 4iG Group's half-year financial performance was supported by outstanding operating results across its four segments, underpinned by the Group's transformation along business lines implemented at the beginning of the year. Of net sales revenue, 76% derived from telecommunications, 13% from IT, and 12% from the space and defence division; 89% was generated in the Hungarian, 7% in the Albanian, 3% in the Montenegrin and 1% in the Austrian market. 1 4iG will enter the energy sector: It has plans to establish an energy holding as a new critical infrastructure business line focusing on renewables and next-generation energy infrastructure in Hungary, CEE and the Balkans. As a first step, the Group announced five projects, including a Letter of Intent with X-Energy (US) on regional SMR deployment, a binding offer for a portfolio representing nearly half of Hungary’s wind capacity, and a preliminary agreement for a 45 MW wind farm in Poland. The Group is also investigating renewable energy and storage opportunities in North Macedonia and Montenegro. Investment partners will be involved in the holding structure. 4 3 The execution of previously announced transactions continued in the second quarter of 2026. 4iG SDT completed its USD 100 million capital increase in AXIOM Space Inc.; 4iG is the largest European strategic investor in the company. N7 Defence Holding Zrt. signed a binding Term Sheet with Colt CZ Group International on a HUF 3.42 billion capital increase in Colt CZ Hungary Zrt. and on acquiring Colt CZ Group's 51% stake, becoming its 100% owner upon closing. After the reporting period, the settlement of the mandatory public offer for Rába Nyrt. was completed, increasing the ownership stake to 74.58% (voting influence: 75.26%), and all competition-authority approvals were received for CSG DEFENCE's strategic partnership (49% stake in 4iG SDT EGY Zrt. and in Hirtenberger Defence Systems Kft.) 4iG Group signed further significant agreements in the space and defence industry. Under the HUSAT programme, Northrop Grumman started work on Hungary's first geostationary communications satellite (HUGEO), and agreements were signed with L3Harris Technologies and Apex. 4iG Space and Defence Technology Zrt. and Condor S.A., a member of the EDGE Group, signed a Term Sheet at Eurosatory 2026 on establishing a joint venture in Hungary and a regional professional and testing centre in the field of non-lethal defence technologies
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ECONOMIC ENVIRONMENT MARKET POSITIONS 6
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MACROECONOMIC ENVIRONMENT 7Source: KSH (Hungarian Central Statistical Office) HUNGARY – STATISTICAL DATA BENCHMARK INTEREST RATES EXCHANGE RATES 31 December 2024 31 March 2025 30 June 2025 30 September 2025 30 December 2025 31 March 2026 30 June 2026 EUR/HUF 410 401 399 391 386 385 359 EUR/USD 1.04 1.08 1.18 1.17 1.17 1.16 1.16 USD/HUF 393 371 340 332 328 336 309 • MNB base rate (HUF): 5.5% (cut from 5.75% on 24 August 2026). The MNB continues to pursue a cautious, data-driven interest rate policy. • ECB base rate (EUR): The ECB's main refinancing rate stands at 2.40% (deposit rate: 2.25%) following a 25 basis point rate hike in June 2026. • The forint strengthened significantly in the second quarter of 2026 • The EUR/USD exchange rate remained broadly stable over the past quarter amid moderate fluctuation, while volatility in energy and commodity prices continues to exert inflationary pressure on international markets. 1.2% Inflation July 2026 1.7% GDP Q2 2026 9.5 mn Population 2026 4.4% Unemployment July 2026 75.3% Employment rate June 2026 10.1% Industrial production June 2026
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8 1 Telco Albania 1 Telco(1) Montenegro Israel Presence in Israel through Spacecom (space and satellite communications) Telecommunications Greenfield investment North Macedonia Space & Defence industry (private) Headquarter (Budapest)Market positions Source: 4iG, Q1 2026 (1) Calculated based on revenue in Montenegro Digital Infrastructure Projects The initiative aims to create a resilient digital corridor enabling cross-border, international connectivity from the Mediterranean Sea to major European internet exchange points. LEADING MARKET POSITIONS IN KEY GEORGRAPHICAL AREAS 1 Information Technology 2 Telco Hungary 1 4iG announced its entry into the energy sector with an independent energy holding focused on renewables and next-generation energy infrastructure across Hungary, CEE and the Western Balkans Energy segment
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KEY EVENTS SINCE THE PREVIOUS INVESTOR PRESENTATION 9
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10 KEY EVENTS: DEVELOPMENTS 2 0 2 6 10 July AugustJune June 16th 4iG Space and Defence Technology Zrt. and Brazil's Condor S.A. (a member of the EDGE Group) signed a non-binding Term Sheet at the Eurosatory 2026 exhibition on establishing a joint venture in Hungary, as well as a regional professional and testing centre, in the field of non-lethal defence technologies. June 30th N7 Defence Holding Zrt., ARZENÁL Fegyvergyár Zrt. and Colt CZ Hungary Zrt. signed a binding Term Sheet with Colt CZ Group International s.r.o.: the parties will carry out a capital increase of HUF 3.42 billion in total in Colt CZ Hungary Zrt. in proportion to their ownership, and N7 Defence Holding will acquire Colt CZ Group's 51% stake, thereby becoming its 100% owner upon closing (the definitive agreement is targeted within 45 days of signing the Term Sheet). July 3rd Poli Computer PC Kft. will merge into 4iG Informatikai Zrt.; the effective date of the merger is 30 September 2026, operation under the new structure starts on 1 October 2026, and employees will continue to be employed without interruption. August 12th The Austrian Federal Competition Authority has granted approval for CSG DEFENCE to acquire a 49% stake in 4iG SDT EGY Zrt., as a result of which CSG DEFENCE would indirectly acquire a 36.75% interest in Rába Járműipari Holding Nyrt. August 11th The German Federal Cartel Office has granted approval for the acquisition by CSG Defence of a 49% shareholding in 4iG SDT EGY Zrt., as a result of which CSG DEFENCE would indirectly acquire a 36.75% interest in Rába Járműipari Holding Nyrt In parallel, The German Federal Cartel Office also approved the direct acquisition by CSG DEFENCE of a 49% shareholding in Hirtenberger Defence Systems Kft. July 16th 4iG regained Microsoft’s key partner status after nine years, securing CSP and AI Cloud Partner status. August 27th 4iG Plc is preparing the necessary steps to create a new energy business line. 4iG Plc signed a non-binding LOI with US-based X-energy for the commercial deployment of X-energy’s Xe-100 reactor technology in Central and Eastern Europe and the Western Balkans. 4iG Investment Ltd submitted a non-binding offer of potential acquisition of the shareholding representing 100% of the registered capital of a company developing a medium-scale, turnkey wind farm in Poland. Due diligence is underway. 4iG Befektetési Zrt. also submitted a binding offer to the owners of the iG Tech Energy Equity Fund to acquire their Series „A” investment units, opening a multi-stage transaction that would give 4iG ownership of the fund’s project company which holds a 49% of a 158 MW wind portfolio at five sites in North-Western Hungary.
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11 4iG ENERGY: NEW CRITICAL INFRASTRUCTURE BUSINESS LINE STRATEGIC RATIONALE STRUCTURE AND MODEL • Independent organisational structure, in line with the Group's other business lines • Long-term investor partners involved in the holding's structure • Phased build-up: announced offers and Letters of Intent set the cooperation frameworks NEW CRITICAL INFRA - STRUCTURE PILLAR • 4iG is entering the energy business via a holding built as a regional strategic energy hub • Renewables and next-generation energy infrastructure in Hungary, CEE, and the Balkans SYNERGISTIC NEW SEGMENT • All 4iG segments are energy-intensive; the Group is a direct off taker of the new capacities, reducing long- term energy exposure CRITICAL MARKET • Entry into a market of geopolitical significance; active contribution to the region's energy security REGIONAL PLATFORM • The energy segment leverages 4iG’s existing presence and local operations in Hungary and the Western Balkans to originate and execute energy projects, extending the Group’s regional platform into a new sector
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12 4iG ENERGY: FIRST STEPS – FIVE ANNOUNCED PROJECTS • As a result of the planned transaction, 4iG will intend to acquire a 49% stake in the project company that owns the Hungarian wind assets formerly owned by Iberdrola • The targeted assets, with 158 MW of capacity, comprise around half of Hungary's installed wind capacity • The asset will contribute to the segment's profitability immediately through its contracted cash flows HUNGARY – WIND PORTFOLIO • Non-binding LoI with NASDAQ-listed X-energy on commercial deployment of the Xe-100 SMR in CEE and the Western Balkans • Consortium-based investment and operating model • First phase: regional pilot mapping • Long-term goals: Strategic ownership of reactors in the region SMR (NUCLEAR) – US PARTNER • 4iG Befektetési Zrt. submitted a non-binding offer for the potential acquisition of a mid-sized turnkey wind farm in Poland • Due diligence is currently in progress • First step of the expansion beyond the domestic market into CEE • The Group is evaluating more than 100 MW of wind generation capacity, together with electricity storage • Growing regional demand and the shift from coal create room for new renewable capacity • The Group is evaluating the acquisition of additional power generation capacities, with the involvement of partners • 4iG is already present in the market as a telecommunications operator through ONE Crna Gora d.o.o. POLAND - WIND NORTH MACEDONIA MONTENEGRO Binding offer Letter of Intent Non-binding offer Evaluation Evaluation
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CAPITAL MARKETS PERFORMANCE 13
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14 OWNERSHIP STRUCTURE OF 4iG Plc AS OF 31 AUGUST 2026 Market Capitalisation (30 June 2026) HUF 545 billion 4iG Plc SHARE PRICE 4iG Plc CAPITAL MARKETS PERFORMANCE 4iG Plc shares are listed on the Budapest Stock Exchange. Budapest Stock Exchange BUX Index Wiener Börse regional CECE Index FTSE Global Equity Index Series Large Cap Index *Mr. Gellért Jászai’s direct control Source: Budapest Stock Exchange 53% 25% 6% 3% 3% 10% iG COM Magántőkealap, KZF Vagyonkezelő Zrt., iG TECH Invest Kft.* Rheinmetall AG Bartolomeu ICT Kft. Calik Holding 4iG Plc. + Consolidated subsidiaries equity ownership Free float 0 1000 2000 3000 4000 5000 6000
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FINANCIAL PERFORMANCE 15
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16 • Net revenues: Net sales revenue increased by 15% compared to the same period of the previous year, with the largest part of the growth attributable to inorganic growth related to the acquisitions (M&A) completed in the space and defence segment (13%). The remaining growth was driven primarily by the telecommunications segment, supported by the expansion of the subscriber base and rising ARPU (average revenue per user). The IT/SI segment also contributed positively to revenue growth; the negative effects of the temporary slowdown in public-sector decision-making and procurement were compensated by the acquisitions closed in the first quarter. • EBITDA: The normalised EBITDA decline (-14%) was primarily a consequence of the space and defence segment and the portfolio effect related to the acquisitions. The newly acquired companies consolidated in the reporting period currently operate at lower EBITDA margin levels, so their significant revenue contribution appeared to a more moderate extent in the growth of earnings capacity. In addition, the profitability of the IT segment also moderated, mainly as a result of lower-than-expected central procurement volumes. In parallel, the integration and operational synergies realised in the telecommunications segment further improved profitability, partly offsetting the margin-dilutive effect of the acquisitions. According to management's expectations, the further realisation of synergies and the gradual integration of the acquired companies will support the improvement of the EBITDA margin and the further strengthening of earnings capacity over the medium term. • Depreciation and Amortisation: The higher level of depreciation and amortisation is primarily explained by the expansion of the Group's asset base related to the acquisitions completed in the reporting period, and by the depreciation impact of the newly consolidated assets. • Financial Income and Expenses: The financial result in Q2 2026 was significantly positively impacted by movements in foreign exchange rates. Realised foreign exchange gains decreased to HUF 0.1 billion, compared to a realised foreign exchange loss of HUF 0.1 billion in the same period of the previous year. This was significantly outweighed by the substantial increase in unrealised foreign exchange gains, which rose from HUF 2.9 billion to HUF 38.3 billion. At the same time, financial expenses were negatively affected by higher interest expenses related to loans and bonds, which increased from HUF 12.8 billion in Q2 2025 to HUF 13.6 billion in Q2 2026. Overall, the significantly higher unrealised foreign exchange gain was the key driver of the quarterly financial result. ¹ PPA (Purchase Price Allocation effect): Non-cash subsequent measurements recognised in the income statement in respect of fair value differences on the assets and liabilities of previously acquired subsidiaries. ² One-off items: Costs related to the restructuring and reorganisation of the Group. ³ Unrealised foreign exchange gain/loss adjustment: Revaluation differences arising from the period-end restatement of assets and liabilities denominated in foreign currencies (primarily the Vodafone acquisition loan). 4iG Group (HUF mn) Q2 2025 reported PPA1 One off2 Non Realised FX difference3 Normalised Q2 2025 Q2 2026 reported PPA1 One off2 Non Realised FX difference3 Normalised Q2 2026 % change Net revenues 179,367 – – – 179,367 206,383 – – – 206,383 15% Other operating income 453 – – – 453 1,180 – – – 1,180 160% Total income 179,820 – – – 179,820 207,563 – – – 207,563 15% Capitalized value of own produced assets 4,757 – – – 4,757 3,229 – – – 3,229 -32% Raw materials and consumables used -47,454 476 – – -46,978 -60,693 – – – -60,693 -29% Services used -33,004 – 3,121 – -29,883 -36,449 – 125 – -36,324 -22% Personnel expenses -33,660 – – – -33,660 -48,315 – – – -48,315 -44% Other expenses -8,044 56 – – -7,988 -8,382 – – – -8,382 -5% Operating costs -122,162 532 3,121 – -118,509 -153,839 – 125 – -153,714 -30% EBITDA 62,415 532 3,121 – 66,068 56,953 – 125 – 57,078 -14% EBITDA margin 34.8% 36.8% 27.6% 27.7% -9.2 pp Depreciation and amortisation -48,999 6,012 – – -42,987 -55,082 5,269 – – -49,813 -16% EBIT 13,416 6,544 3,121 – 23,081 1,871 5,269 125 – 7,265 -69% Financial income 7,245 – – -2,893 4,429 44,725 – – -36,119 8,606 94% Financial expenses -20,290 77 – – -20,290 -21,274 – – 2,212 -19,062 6% Share of profit of associate and joint ventures -450 – – – -450 1,861 – – – 1,861 n.a. Profit before taxes -79 6,621 3,121 -2,893 6,770 27,183 5,269 125 -33,907 -1,330 n.a. Income taxes -959 -717 – – -1,676 -3,551 -498 – – -4,049 -142% Profit / Loss after Tax -1,038 5,904 3,121 -2,893 5,094 23,632 4,771 125 -33,907 -5,379 n.a. 4iG GROUP FINANCIAL DATA: Q2 2026
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17 • Net revenues: Net sales revenue increased by 16.7% compared to the same period of the previous year, with the largest part of the growth attributable to inorganic growth related to the acquisitions (M&A) completed in the space and defence segment (13%). The remaining growth was driven primarily by the IT/SI segment, mainly due to the successful first-quarter delivery of the Elderly Care programme and other IT projects. The telecommunications segment also contributed positively to revenue growth, supported by the expansion of the subscriber base and rising ARPU (average revenue per user). • EBITDA: Normalised EBITDA development (-4%) lagged the pace of revenue expansion, primarily because of the space and defence segment and the portfolio effect related to the acquisitions. The newly acquired companies consolidated in the reporting period currently operate at lower EBITDA margin levels, so their significant revenue contribution appeared to a more moderate extent in the growth of earnings capacity. In parallel, the integration and operational synergies realised in the telecommunications segment further improved profitability, partly offsetting the margin-dilutive effect of the acquisitions. According to management's expectations, the further realisation of synergies and the gradual integration of the acquired companies will support the improvement of the EBITDA margin and the further strengthening of earnings capacity over the medium term • Depreciation and amortisation: Depreciation and amortisation charges increased in H1 2026 compared to the same period of the previous year, primarily as a result of the depreciation of new assets that entered the Group through the acquisitions completed in the reporting period. • Financial income and expenses: The result of financial operations in H1 2026 was favourably affected by foreign exchange rate movements. Although the realised foreign exchange gain was lower than in the same period of the previous year (H1 2026: HUF 1 billion; H1 2025: HUF 1.9 billion), the unrealised foreign exchange gain increased significantly, from HUF 7.7 billion to HUF 36.1 billion. In contrast, interest expenses related to the bonds issued and loans drawn down increased from HUF 24.7 billion to HUF 26.0 billion (mainly due to the EUR 176.6 million bond issued by 4iG Space and Defence Technologies Zrt. in the reporting period). Overall, the financial result calculated without the unrealised foreign exchange gain and the purchase price allocation effect did not change materially compared to the same period of the previous year. ¹ PPA (Purchase Price Allocation effect): Non-cash subsequent measurements recognised in the income statement in respect of fair value differences on the assets and liabilities of previously acquired subsidiaries. ² One-off items: Costs related to the restructuring and reorganisation of the Group. ³ Unrealised foreign exchange gain/loss adjustment: Revaluation differences arising from the period-end restatement of assets and liabilities denominated in foreign currencies (primarily the Vodafone acquisition loan). 4iG Group (HUF mn) H1 2025 reported PPA1 One off2 Non Realised FX difference3 Normalised H1 2025 H1 2026 reported PPA1 One off2 Non Realised FX difference3 Normalised H1 2026 % change Net revenues 350,827 – – – 350,827 409,365 – – – 409,365 17% Other operating income 1,492 – – – 1,492 7,420 – – – 7,420 397% Total income 352,319 – – – 352,319 416,785 – – – 416,785 18% Capitalized value of own produced assets 7,840 – – – 7,840 5,997 – – – 5,997 -24% Raw materials and consumables used -94,400 476 – – -93,924 -123,678 – – – -123,678 -32% Services used -65,096 – 8,159 – -56,937 -70,391 – 250 – -70,141 -23% Personnel expenses -62,869 – – – -62,869 -86,815 – – – -86,815 -38% Other expenses -15,243 56 – – -15,187 -15,597 – – – -15,597 -3% Operating costs -237,608 532 8,159 – -228,917 -296,481 – 250 – -296,231 -29% EBITDA 122,551 532 8,159 – 131,242 126,301 – 250 – 126,551 -4% EBITDA margin 34.9% 37.4% 30.9% 30.9% -6.5 pp Depreciation and amortisation -94,324 11,970 – – -82,354 -102,821 10,788 – – -92,033 -12% EBIT 28,227 12,502 8,159 – 48,888 23,480 10,788 250 – 34,518 -29% Financial income 15,416 – – -7,737 7,948 50,073 – – -36,119 14,146 78% Financial expenses -37,522 269 – – -37,522 -43,906 192 – – -43,906 -17% Share of profit of associate and joint ventures -1,015 – – – -1,015 1,593 – – – 1,593 n.a. Profit before taxes 5,106 12,771 8,159 -7,737 18,299 31,240 10,980 250 -36,119 6,351 -65% Income taxes -6,254 -1,292 – – -7,546 -9,349 -880 – – -10,229 -36% Profit / Loss after Tax -1,148 11,479 8,159 -7,737 10,753 21,891 10,100 250 -36,119 -3,878 n.a. 4iG GROUP FINANCIAL DATA: H1 2026
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4iG GROUP NET REVENUE GROWTH JOURNEY 18Data in HUF million, excluding other operating income 350 827 -1 431 -8 408 340 988 2 987 17 615 46 208 3 727 -2 159 409 365 - 50 000 100 000 150 000 200 000 250 000 300 000 350 000 400 000 450 000
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19 4iG GROUP PROFITABILITY EBITDA BRIDGE Data in HUF million 122 551 - 694 -4 159 117 698 7 909 6 452 -7 439 1 680 126 301 – 20 000 40 000 60 000 80 000 100 000 120 000 140 000
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20 BREAKDOWN BY SEGMENT: Q2 2026 Net Revenue Development (HUF million) EBITDA Development (HUF million) Revenue by segment3 (%) EBITDA by segment3 (%) 14% 85% 1% IT Telco Space and Defence 12% 75% 13% IT Telco Space and Defence Segment Q2 2025 (actual) Q2 2026 (actual) % change IT 25,647 26,008 1% Telco 156,863 157,965 1% Space and Defence 2,201 27,716 1,159% Holding1 10,894 10,577 n/a Eliminations2 -16,238 -15,883 n/a Total 179,367 206,383 15% Segment Q2 2025 (actual) Q2 2026 (actual) % change IT 4,287 2,845 -34% Telco 59,362 63,793 7% Space and Defence -54 -2,681 n/a Holding1 -990 -2,883 n/a Eliminations2 -190 -4,121 n/a Total 62,415 56,953 -7% 7% 93% 0% IT Telco Space and Defence 4% 96% 0% IT Telco Space and Defence Q2 2026 (actual) Q2 2025 (actual) Q2 2025 (actual) Q2 2026 (actual) 1 Holding Segment: includes expenses related to strategic and operational governance of the Group and the one-off items not allocated to the operative segment. 2 Elimination of the intra-segment transactions within the Group 3 Note: Net Revenue and EBITDA impacts of Eliminations and Holding segment are excluded from the total for Net Revenue and EBIT DA split calculation purposes displayed on the charts
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21 BREAKDOWN BY SEGMENT: H1 2026 Net Revenue Split3 (% of total) EBITDA Split3 (% of total) 1 Holding Segment: includes expenses related to strategic and operational governance of the Group and the one-off items not allocated to the operative segment. 2 Elimination of the intra-segment transactions within the Group 3 Note: Net Revenue and EBITDA impacts of Eliminations and Holding segment are excluded from the total for Net Revenue and EBIT DA split calculation purposes displayed on the charts Segment H1 2025 (actual) H1 2026 (actual) % change IT 46,431 55,640 20% Telco 310,006 311,561 1% Space and Defense 4,302 50,510 1,074% Holding1 18,415 22,142 n/a Eliminations2 -28,327 -30,488 n/a Total 350,827 409,365 17% Segment H1 2025 (actual) H1 2026 (actual) % change IT 7,092 8,549 21% Telco 117,376 125,255 7% Space and Defense 197 -80 n/a Holding1 -1,699 -4,401 n/a Eliminations2 -415 -3,022 n/a Total 122,551 126,301 3% Net Revenue Development (HUF million) EBITDA Development (HUF million) 13% 86% 1% IT Telco SDT 13% 75% 12% IT Telco SDT 6% 94% 0% IT Telco SDT 6% 94% 0% IT Telco SDT H1 2026 (actual) H1 2025 (actual) H1 2025 (actual) H1 2026 (actual)
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SEGMENT AND GEOGRAPHIC DEEP DIVE
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23 4iG HUNGARY TELECOMMUNICATIONS ONE HUNGARY 2CONNECT • Growing mobile data consumption and demand for high-speed connectivity continued to drive fibre and 5G network investments across the Hungarian telco market • The Hungarian telco market remained affected by regulatory and affordability measures in H1 2026. One postponed the residential price adjustment further until September 2026 • The market is dominated by 2 players, one being 2Connect – no new player is expected due to high entry barriers • The fixed broadband segment to continue growth, driven by rising demand in streaming, gaming and remote work • EU subsidies (DIMOP, SZIP2) support network development M A R K E T M A R K E T • Service revenue increased 3.1% YoY in H1 2026, primarily driven by residential growth, while mobile service revenue rose 3.8%, supported by subscriber growth and higher ARPU • The Direct One satellite integration and DIGI mobile migration are complete • Network stability improved, the number and duration of critical incidents decreased significantly • B2C wholesale with Yettel went live, with Yettel launching fixed network services on the 2Connect’s network on 1 July 2026 • Cumulative network rollout result was slightly above annual plan • Improvement in EBITDA margin, primarily driven by cost efficiencies B U S I N E S S B U S I N E S S • Enhance the "ONE" brand to attract new segments: Apple Watch / One Number launch, expanded device portfolio, new residential campaigns • Accelerate mobile service base growth and ARPU; accelerate mobile network development • Support the 2Connect B2C wholesale model, strengthening the group's shared-infrastructure strategy • Expanding wholesale partnerships to serve all major Hungarian telecommunications providers and increase penetration of fixed virtual network operators • Develop a fully fiberized, neutral access platform covering 4 million households; 62% FTTH coverage by 2032 • Network, site and vendor consolidation for cost and energy efficiency • Growing wholesale penetration and data center capacity for AI-driven demand A M B I T I O N S A M B I T I O N S
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24 4iG INTERNATIONAL TELECOMMUNICATIONS ALBANIA MONTENEGRO • Amid intense competition (discounted bundles, device promotion, data incentives), One’s customer share remained stable at ca. 34% • One Montenegro is the sole operator offering EU / EAA data quota across its tariff portfolio, positioning it ahead of the expected EU RLAH regulation – P&L effect appears broadly neutral M A R K E T • Preparation for the Albania–EU "Roaming Like at Home" (EU RLAH) regulation continues • One market share continued to increase both in broadband and mobile, holding 42% mobile and 27% broadband revenue share for 2025 • In June, the Competition Authority proposed to close the investigation against ONE Albania and Vodafone Albania M A R K E T • Sustainable revenue and EBITDA growth driven by pre- to-post migration and growth in active FMC users • FTTH rollout reached 88% of addressable market, on track for full fiber coverage and copper sunset by Q2 2027. 5G population coverage reached 75% • Free cash flow and liquidity improved YoY on cost discipline and working capital management B U S I N E S S • H1 EBITDA and revenue growth driven by sustainable growth in B2C postpaid, with customer migration toward higher value packages – B2C postpaid is the main growth engine with 58% revenue share • FWA portfolio upgraded to 5G and integrated into bundles, successfully lifting consumer postpaid customer acquisitions B U S I N E S S • Continue growth in B2C postpaid by winning in the Youth & Family segment via new portfolio, competitive pricing, and improved customer experience • Accelerate FWA growth to monetize the 5G roll -out, adding TV and high-speed internet services • Launch of e-commerce platform: a full digital solution for smartphones and accessories for new and existing customers A M B I T I O N S • Maintain the leading mobile position and accelerate fixed broadband growth through targeted FTTH offers • Accelerate technical sunsets (3G, copper, legacy STBs) together with the strategic push for 5G, FTTH, and FMC • Build a digital-only customer experience with backend automation to increase self-service and operational efficiency; stabilize B2B with ICT propositions and stronger retention A M B I T I O N S • 4iG completed its examination of entry and cooperation opportunities in the Uzbek telecommunications market with a local prof essional partner; however, the cooperation between the parties was ultimately not realised U Z B E K I S T A N M A R K E T E N T R Y
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25 4iG INFORMATION TECHNOLOGY • Expand regional IT and system integration in the Western Balkans – New opportunity in Montenegro secured with a G2G contract • Grow in aviation IT operations • Upgrading AI-based contact center for domestic and international markets • Expanding presence in the energy sector through smart metering solutions, advanced network services and tailored software development A M B I T I O N S • Growing demand for software-as-a-service (SaaS) solutions continues to strengthen the market • Competition stays strong as international IT providers expand in the region • The segment remains Q4-weighted; as expected, mid-year has seen a slowdown due to delayed public-sector decisions; Recovery is expected with strong Q4 seasonality M A R K E T • H1 revenue grew 20% YoY, with accompanying EBITDA increase and gross margin improvement • Recurring revenues reached 55% of revenue • The FaceKom and Mobil Adat acquisitions were closed in Q1 • 4iG regained Microsoft’s key partner status after nine years, securing CSP and AI Cloud Partner status and strengthening the Group’s cloud, AI and system integration capabilities across 4iG Informatikai Zrt. and One Solutions B U S I N E S S
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26 4iG DIGITAL INFRASTRUCTURE DIGITAL INFRASTRUCTURE UPDATE • The 4iG Group's business line focused on international digital infrastructure projects and Grid Telecom — a licensed wholesale telecommunications provider in Greece — have set out to effectively leverage their complementary capabilities. • The parties plan to share their expertise and best practices, as well as to jointly develop and operate telecommunications infrastructure elements that enhance connectivity across Albania, Greece, and other parts of the region. D I G I T A L I N F R A- S T R U C T U R E D E V E L O P M E N T • The Government of Montenegro has selected the 4iG Group to implement projects aimed at the technological development of law enforcement agencies and the establishment of a government data centre and related infrastructure. • The developments to be carried out under the Montenegrin Government's investment encompass the design and integration of IT and telecommunications systems, equipment procurement, as well as installation, training, support, and operational tasks. • The total budget allocated for the implementation of the law enforcement technology development project exceeds EUR 54.2 million. • The establishment of the data centre and related infrastructure is currently in the preparatory phase, with the final budget to be determined by the working group established for the implementation of the project. M O N T E N E G R O • The representatives of 4iG and Telecom Egypt reviewed the non-binding preliminary agreement signed in 2024 on the implementation of the planned high-capacity submarine data cable investment between Egypt and Albania. • After the examination of the project structure and operating model, the parties decided that they will not establish a joint project company for the investment. Instead, they intend to cooperate during the investment within the framework of a long-term commercial cooperation E A G L E S U B M A R I N E C A B L E • The parties consider the Letter of Intent signed between 4iG and Telecom Egypt on 30 June 2024, regarding a joint venture to be established for the wholesale-based construction, operation and sale of FTTH and FTTS passive access infrastructure, to be terminated. E G Y P T F T T H
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4iG SPACE & DEFENCE: EXPANDING CAPABILITIES Land Systems Offering Space Offering Weapons & Ammunition Offering Cyber & Defence Digitalization Offering Aero Offering Flagship programmes Satellites / Space Equipment (DMAT) Geodata Ground Segment & Mission Operations HUSAT Programme MoonRad UAV C-UAV UTM Aircraft MRO (Fixed Wing, Rotary) C-UAV Programme Armoured Vehicles (Lynx, Gidrán) Automotive Supplies (Trucks, buses, passenger vehicles and agricultural machines Chassis Mortar Small Firearm R&D Small Firearm Manufacturing Shoulder Fired Weapons Ammunition (Mortar, Artillery) E2E System Integration for Digital Transformation of - Digital Infrastructure - BMS, C2 / C4ISR - Admin & Logistic Systems Defence Digitalization Consultancy Defence Digitalization Programme Capabilities from defence acquisitions
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• Collaboration with a NATO country on defence digitalization • Further business development opportunities are under exploration • Establishment Digital 4 Defence Plc., 100%- subsidiary of 4iG Space & Defence for concentrating professional capabilities and capacities • Establishment of a joint venture with CONDOR in the field of non-lethal systems, including a training and education center. • A binding Term Sheet was signed with Colt CZ Group International s.r.o. about the recapitalisation of Colt CZ Hungary Zrt. and the planned acquisition of sole ownership in Colt CZ Hungary Zrt. • Comprehensive reorganization and modernization activity began at RÁBA Holding to improve quality and efficiency • MRO services of Gidrán Armoured Vehicles started for HDF • Preparation with TATRA ongoing for manufacturing axles and military trucks at Rába Győr location from 2027 • During the second quarter, AEROPLEX worked on the preparation of several significant investments, while conducting discussions with existing strategic and potential future partners aimed at expanding its business activity • Rotors And Cams signed a service contract with a government customer for air defence target materials for 2026 • During the second quarter, the HUSAT programme successfully achieved several significant technical milestones, while the contracting processes with strategic suppliers continued. • The development of the Ground Segment, as well as the technical preparation of HUGEO and HULEO, progressed overall in line with plans. The technical preparatory activities of the programme continue unchanged 28 4iG SPACE AND DEFENCE TECHNOLOGIES: GROWING CAPACITIES Weapon & Munition Manufacturing Cyber & Defence DigitalisationAviation IndustrySpace Industry Land Systems
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4iG SPACE AND DEFENCE TECHNOLOGIES: ORDER BACKLOG •4iG SDT holds a signed commercial contract backlog valued at EUR 1.37 billion. 5 August 2025 – Order Backlog Announcement •4iG Space&Defence. signed a multi-year long-term service agreement with a European NATO member state for Earth observation, data processing and telecommunications services - valued at several hundred million euros over the full contract period. •The previously reported EUR 1.37 billion commercial contract backlog 1 December 2025 – Q3 Investor Presentation – Order Backlog Announcement •The aggregate contract portfolio of 4iG Space&Defence and its subsidiaries exceeds EUR 8 billion, of which more than EUR 3.5 billion represents committed, binding call-off order backlog, with an additional EUR 4.5 billion providing a long-term, predictable revenue base through framework agreements without order obligations. 27 March 2026 – Order Backlog Announcement 29
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CREDIT RATING ESG
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STABLE CREDIT RATING 31 I S S U E R R A T I N G BB- O U T L O O K Stable L O N G- T E R M S E N I O R U N S E C U R E D D E B T R A T I N G BB- L A S T R E V I E W January 2026, Confirmed L A S T C H A N G E December 2024, Outlook changed to Stable BB-/Stable
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32 Q2 2026 – FINANCIAL DEBT AND CAPITALISATION FINANCIAL DEBT (30 JUNE 2026) HUF MN Credits & loans & bonds (long-term) 848,087 Other long-term financial liabilities 60,530 Financial lease liabilities (long-term) 131,358 Other short-term financial liabilities 41,916 Credits & loans (short-term) 48,704 Financial lease liabilities (short-term) 38,706 Total debt 1,169,301 Cash and cash equivalents 78,372 Net debt 1,090,929 CAPITALISATION as of 30 June 2026 Share price (HUF) 1,821 Total number of shares 299,074,974 Market cap (HUF mn) 544,616 Net debt 1,090,929 Enterprise value 1,635,545 Net debt / LTM EBITDA 3.7x
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• Almost all of the Subsidiaries / Affiliates (13) of the 4iG Group are NIS2 (cybersecurity) audited. The audit of 1 Subsidiary is ongoing. • The 4iG Group has 20 Subsidiaries / Affiliates where it operates 56 certified management systems based on 11 international standards and further 8 system’s implementation is in progress. 4IG GROUP’S KEY ESG FACTORS AND UNDERTAKINGS 33 TELCO TELCO TELCO Scope 1 Scope 2 Scope 3 Scope 3 subcategories: • Purchased goods and services • Capital goods • Fuel and energy-related activities • Business travel • Use of sold products • Downstream leased assets +38% increase due to acquisitions and increasing number of Scope 3 subcategories -42% reduction thanks to renewable energy procurement - 10% reduction thanks to emission reduction measures IT CERTIFICATES ▪ The 4iG Group has registered altogether 150 573 MWh Guarantee of Origin (GO) in Hungary. The Group's aim is to increase the share of renewable energy sources to 100% in 2026. RENEWABLE ENERGY PROCUREMENT IT IT S&D S&D S&D 4iG GROUP OBTAINED ECOVADIS RATING 2025 GHG EMISSION DATA BY BUSINESS SEGMENT, CHANGE VS. PREVIOUS BUSINESS YEAR
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QUESTIONS & ANSWERS INVESTOR RELATIONS 4IG.HU IR@4IG.HU
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DISCLAIMER WE CAUTION YOU THAT A NUMBER OF IMPORTANT FACTORS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN ANY FORWARD-LOOKING STATEMENT. IN ADDITION TO FIGURES PREPARED IN ACCORDANCE WITH IFRS, 4IG ALSO PRESENTS OTHER FINANCIAL PERFORMANCE MEASURES, INCLUDING, AMONG OTHERS, EBITDA, EBITDA AL, EBITDA MARGIN, AND NET DEBT. THESE OTHER MEASURES SHOULD BE CONSIDERED IN ADDITION TO, BUT NOT AS A SUBSTITUTE FOR, THE INFORMATION PREPARED IN ACCORDANCE WITH IFRS. THESE OTHER FINANCIAL PERFORMANCE MEASURES ARE NOT SUBJECT TO IFRS OR ANY OTHER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. OTHER COMPANIES MAY DEFINE THESE TERMS IN DIFFERENT WAYS. THIS PRESENTATION DOES NOT QUALIFY AS AN INVESTMENT OFFER, ACCORDING TO § 5 PARAGRAPH 1, POINT 9 OF THE CAPITAL MARKETS ACT, AND DOES NOT CONTAIN ANY ANALYSIS, PROPOSAL OR OTHER INFORMATION ABOUT INVESTMENT ANALYSIS, FINANCIAL INSTRUMENT, STOCK MARKET PRODUCT OR ITS ISSUER (ISSUERS), THE PUBLICATION OF WHICH, BY ITSELF OR IN ANOTHER WAY, MAY INFLUENCE THE INVESTOR TO INVEST HIS OWN OR OTHER PEOPLE'S MONEY , OR MAKE YOUR OTHER ASSETS PARTIALLY OR ENTIRELY DEPENDENT ON THE EFFECTS OF THE CAPITAL MARKET, BSZT. (ACT ON INVESTMENT COMPANIES AND COMMODITY EXCHANGE SERVICE PROVIDERS) § 4. UNDER PARAGRAPH (2) POINT 8.
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