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1113 ASBIS SUCCESS THROUGH FOCUS Q2 and H1 2026 Presentation SMASHING RECORDS AS A HABIT 6 August 2026 ( ↑ )
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2 Disclaimer • This presentation (the “Presentation”) was prepared by ASBISc Enterprises Plc (the “Company”) with a due care. Still, it may contain certain inconsistencies or omissions. The Presentation does not contain a complete or thorough financial analysis of the Company and does not present its standing or prospects in a comprehensive or in-depth manner. Therefore, anyone who intends to make an investment decision with respect to the Company should rely on the information disclosed in the official reports of the Company, published in accordance with the laws applicable to the Company. This Presentation was prepared for information purposes only and does not constitute an offer to buy or to sell any financial instruments. • The Presentation may contain 'forward‐looking statements'. However, such statements cannot be treated as assurances or projections of any expected future results of the Company. Any statements concerning expectations of future financial results cannot be understood as guarantees that any such results will actually be achieved in future. The expectations of the Board of Directors are based on their current knowledge and depend on many factors due to which the actual results achieved by the Company may differ materially from the results presented in this document. Many of those factors are beyond the awareness and control of the Company or the Company’s ability to foresee them. • Neither the Company, nor its directors, officers, advisors, nor representatives of any such persons are liable on account of any reason resulting from any use of this Presentation. Additionally, no information contained in this Presentation constitutes any representation or warranty of the Company, its officers or directors, advisors or representatives of any of the above persons. The Presentation and the forward‐looking statements speak only as at the date of this Presentation. These may not be indicative of results or developments in future periods. The Company does not undertake any obligation to review, to confirm or to release publicly any revisions to any forward‐looking statements to reflect events that occur or circumstances that arise after the date of this Presentation.
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01. KEY CORPORATE EVENTS 02. FINANCIAL RESULTS 03. DIVIDEND PAYMENT 04. BACK-UP Agenda
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4 Best quarter ever > Q2 2026 Financial Highlights REVENUES +79% YoY $1,697 M GROSS PROFIT +89% YoY $120 M GROSS PROFIT MARGIN 7.07% +265%YoY $44.3 M NET INCOME
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COMPANY BUSINESS DIRECTIONS Premium & Luxury Retail BU 54 POS + 7 b2c e-Commerce Trade-In BU #1 in CIS. Expanding to EU, ZA Consumer Distribution Sell Thru 7,400 POS ICT Distribution 24,000 Resellers Apple BU VAD in UCIS, North- West Africa, AD in South Africa ICT & IoT, AI data centric Solutions BU 3 solution categories Corporate Venture Investments to Tech. Startups 15 +40% +20% +68%+130% +105% +10%
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Key corporate events 6 April 2026 June 2026 ASBIS recognized as Star Performer in Eastern Europe at the EMEA NVIDIA Partner Awards 2026, held during the annual Partner Day event. ASBIS recognized as Star Performer at NVIDIA Partner Awards EMEA 2026 ASBIS strengthens its presence in Africa ASBIS has become a non- exclusive, independent value- added distributor of Apple products in 14 African countries. Currently ASBIS is an authorized distributor of Apple products in 25 countries worldwide. ASBIS opened its second Bang & Olufsen flagship store in the USA ASBIS has officially opened another Bang & Olufsen flagship store in the United States. This is the seventh store of this prestigious brand opened by ASBIS, and the second in the USA. June 2026
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New Bang & Olufsen Flagship Store in West Hollywood The new flagship store in Los Angeles, California, is located on Robertson Boulevard, in the heart of one of the city’s most influential districts, strengthening the brand’s presence in one of the world’s most important locations for design and luxury lifestyle. Bang & Olufsen’s designers envisioned the space as a cultural hub and a showcase for Los Angeles’ vibrant entertainment industry. This is the seventh store of this prestigious brand opened by ASBIS, and the second in the USA
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7 Stores 1 in Cyprus 1 in Georgia 2 in South Africa 1 in Italy 2 in the USA California / USA Uzbekistan Kazakhstan Poland Ukraine Georgia Armenia Moldova Cyprus South Africa 13 Stores in Poland 2 5 36 Stores Kazakhstan Ukraine Azerbaijan Armenia Georgia Moldova Uzbekistan 11 1 4 1 Azerbaijan 3 7 5 1 1 Milan / Italy 5 RoboCafe 2 * Cyprus 2 * UAE 1 * Poland 4 Dubai / UAE PREMIUM & LUXURY RETAIL BUSINESS UNIT 13 2
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ASBIS STRENGTHENS ITS PRESENCE IN AFRICA
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Significant population 289M inhabitants 55% of population age under 30 17.4% population upper middle class 53% of urban population >10K total POS universe Majority in Independent Retail 48% of population has access to internet iOS traffic up to 26% 14 Countries in WENA Region
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Africa: 1. Algeria, 2. Benin, 3. Mali, 4. Mauritania, 5. Guinea, 6. Burkina Faso, 7. Niger, 8. Guinea-Bissau, 9. Ghana, 10. Côte d'Ivoire, 11. Sierra Leone, 12. Liberia, 13. Republic of Cabo Verde, 14. South Africa 15. Togo Central Asia: 1. Kazakhstan, 2. Kyrgyzstan, 3. Tajikistan, 4. Turkmenistan, 5. Uzbekistan, Eastern Europe & Caucasus: 1. Armenia, 2. Azerbaijan, 3. Georgia, 4. Moldova, 5. Ukraine, Apple Distribution Coverage
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NEW NON – EXECUTIVE DIRECTOR ON BOARD Julia PRIHODKO Chief Human Relations Officer Constantinos TZIAMALIS Deputy CEO of ASBIS Group Marios CHRISTOU Chief Financial Officer Constantinos PETRIDES Non-Executive Director Maria PETRIDOU Non-Executive Director Hanna KAPLAN Executive Director Siarhei KOSTEVITCH Chairman, CEO Tasos A.PANTELI Non-Executive Director Jaan Kristian Teär Non-Executive Director
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01. KEY CORPORATE EVENTS 02. FINANCIAL RESULTS 03. DIVIDEND PAYMENT 04. BACK-UP Agenda
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15 Best ever Q2 and H1 2026 US$ m Q2’26 Q2’25 YoY Revenue 1,696.7 949.3 79% Gross profit 119.9 63.6 89% Gross profit margin 7.07% 6.69% 0.38 ppt SG&A costs -57.3 -40.0 43% Profit from operations 62.6 23.5 166% Operating margin 3.69% 2.48% 1.21 ppt Financial income 1.4 0.6 120% Financial expenses -9.5 -9.3 2% Profit before tax 54.9 15.1 264% Tax -10.6 -3.0 256% Profit for the period 44.3 12.1 265% Net margin 2.61% 1.28% 1.33 ppt US$ m H1‘26 H1‘25 YoY Revenue 2,965.2 1,685.7 76% Gross profit 229.3 115.1 99% Gross profit margin 7.73% 6.83% 0.90 ppt SG&A costs 112.2 75.2 49% Profit from operations 117.1 39.9 194% Operating margin 3.95% 2.37% 1.58 ppt Financial income 2.7 1.1 137% Financial expenses -19.8 -17.1 16% Profit before tax 100.5 24.3 314% Tax -19.9 -4.8 311% Profit for the period 80.6 19.4 315% Net margin 2.72% 1.15% 1.57 ppt All time high top- line both in Q2 and H1 2026. Gross margin increased to 7.07% in Q2 2026. Lower financial costs in Q2 2026. SG&A costs grew in slower pace than revenues or gross profit NPAT exploded in both Q2 and H1 2026
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406 394 335 328 142 221 158 29 84 66 0 50 100 150 200 250 300 350 400 450 Kazakhstan Ukraine Taiwan Netherlands Azerbaijan Revenues H1 2026 Revenues H1 2025 • Kazakhstan back on TOP, following exceptionally high demand for AI-infrastructure and Apple products. • Ukraine with 150% growth in H1 2026, showing character and resilience, despite the ongoing full scale war. • Taiwan and Netherlands with massive surge caused by large AI data-center contracts. For TW, the goods we ship to Europe, we only bill TW companies. • Azerbaijan doubled in H1 2026 YoY, following super strong demand for Apple products. 16 KEY COUNTRIES’ REVENUES (US$ m) Kazakhstan again no. 1 Q2 2026 VS Q2 2025 Key countries with the highest sales growth in H1 2026 +115%+291% +150% + 1 062% +84% 240 235 215 203 160 91 83 65 60 34 131 65 91 23 124 93 39 43 57 5 0 50 100 150 200 250 300 Kazakhstan Netherlands Ukraine Taiwan United Arab Emirates Slovakia Azerbaijan Poland Germany Uzbekistan Revenues Q2 2026 Revenues Q2 2025
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17 Q2 2026 Outstanding growth • CIS region – remained our bigest revenue contributor, with Kazakhstan being the standout performer. • Western Europe region doubled, supported by strong performance in Netherlands. • Continuation of enormous growth in "Other”, mainly attributed to growth in Taiwan, driven by sales to AI datacentric customers. • Middle East and Africa region with a rebound, following the tensions' ease in the region. US$ m Q2‘26 Q2‘25 YoY Commonwealth of Independent States 636.4 321.7 98% Western Europe 362.7 158.9 128% Central and Eastern Europe 277.9 258.7 7% Other 212.4 29.2 628% Middle East and Africa 207.2 180.8 15% TOTAL 1,696.7 949.3 79% REVENUES BY REGIONS (USD m) Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 CIS WE CEE Other MEA
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18 Q2 2026 servers and server blocks remained our biggest driver product category • Servers and server blocks - the fastest- growing segment, remained our largest product category • Strong double digit growth in smartphones business driven by the "off the charts demand” for new models across all markets we operate • A decline in desktop CPU due to lower demand • HDDs sales sharply increased in Q2 2026 due to AI infrastructure demand consuming nearly all global HDD production. US$ m Q2‘26 Q2‘25 YoY Servers & server blocks 723.4 188.0 285% Smartphones 526.5 388.1 36% Laptops 82.5 66.5 24% CPUs 59.0 77.7 -24% HDDs 26.8 17.0 58% TOTAL 1,696.7 949.3 79% REVENUES BY PRODUCT LINES (US$ m) Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Servers and server blocks Smartphones CPUs HDDs Laptops SSD Other
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ASBIS SERVER BUSINESS IN H1 2026 GPU & Cluster Pipeline 11 700 GPU units in 220 projects NVIDIA GPU Servers 80% of total server sales Current Server Pipeline 860 M$ 1 100 projects SERVERS ▲180% Sales Growth YoY
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20 SG&A costs NUMBER OF EMPLOYEES SG&A COSTS In Q2 2026, headcount slightly increased as compared to Q2 2025, following further geographical expansion in Africa and the United States. SG&A costs scalably increased, mainly to support growing operations in Africa, and the United States. SG&A expenses continued to decrease YoY as a percentage of sales. 2 822 2 803 2 779 2 719 2 707 2 718 2 734 2 692 2 724 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 parent company subsidiaries 36,1 36,2 38,8 35,2 40,0 42,0 50,5 54,8 57,3 5,6% 5,0% 4,2% 4,8% 4,2% 4,5% 4,0% 4,3% 3,4% 0,0% 1,0% 2,0% 3,0% 4,0% 5,0% 6,0% 0 10 20 30 40 50 60 70 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 SG&A costs (US$ m) SG&A % revenues
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21 Cash engaged in working capital • First time for Q2 and H1 we see positive "cash from operating activities", despite strong top-line growth. • For H1 '26, we managed to increase cash from operations by more than USD 136 million y-o-y. NWC: 15% of sales NWC: 30% of sales NET WORKING CAPITAL (US$ m) US$ m H1 2026 H1 2025 Net cash from operating activities 77.3 -58.8 Net cash from investing activities -21.3 -10.7 Net cash from financing activities -41.7 1.4 Net movement in cash and cash equivalents 14.3 -68.1 543 494583 441 -677 -436 Q2'26 Q2'25 Inventories Trade receivables Trade payables
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Excellent leverage position 22 US$ m H1‘26 H1‘25 YoY Short term borrowings (excl. leases and factoring) 175.3 187.8 -7% Long term borrowings (excl. leases) 13.2 11.9 11% Other long-term liabilities 1.2 1.0 18% Cash and cash equivalents 301.4 93.1 224% Factoring creditors 65.0 37.2 75% Net debt (no factoring) -111.7 107.5 - Net debt (incl. factoring) -46.7 144.7 - 0.0x EXCLUDING FACTORING 0.0x INCLUDING FACTORING At end of June 2026 net debt/equity at super safe level Tripled cash position in seasonally NWC intensive quarter. Significantly decreased Cash Conversion Cycle y-o-y.
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01. KEY CORPORATE EVENTS 02. FINANCIAL RESULTS 03. DIVIDEND PAYMENT 04. BACK-UP Agenda
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Decade of hefty dividend payment 24 DIVIDENDS (USD m) ASBIS pursues a clear, stable, and long-term dividend policy. The Company recommends paying out up to 50% of its audited net profit as dividends, while maintaining ample financial liquidity. This is the foundation of our communication with the market - and the reason why ASBIS has been paying hefty dividends continuously for ten years. . * Interim dividend payment The Company aims to continue payment of hefty dividends 2,8 3,3 5,6 11,1 11,1 11,1 11,1 11,1 3,3 5,6 7,5 16,7 16,7 25 27,8 27,8 30,5 from 2017 NI from 2018 NI from 2019 NI from 2020 NI from 2021 NI from 2022 NI from 2023 NI from 2024 NI from 2025 NI
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Q&A
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01. KEY CORPORATE EVENTS 02. FINANCIAL RESULTS 03. DIVIDEND PAYMENT 04. BACK-UP Agenda
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Founded December 2020 250+ Employees Breezy stores 15 Telcos & retailers use our Trade-In 60+ POS coverage5К+ Countries 8 Trade-in evaluations in CY252.4M Main numbers Breezy e-comms #1 in UA, MD, KZ7 Revenue CY2567M sq m of own production facilities3K Trade-In Omnichannel B2B Reseller base500+ Customer base120K tonnes of CO2e emissions avoided6K Eligible products
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ASBIS own brands 28 AENO is a brand of smart home appliances offering top-level quality, customer service, and design. www.aeno.com Prestigio Solutions specializes on innovative technological solutions for business and education. www.prestigio-solutions.com Lorgar is a brand of gaming devices aimed to bring the gaming experience to a high level. www.lorgar.eu Canyon is a dynamically growing brand of stylish mobile accessories, computer gadgets, wearables www.canyon.eu
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ASBIS continues engagement in ESG initiatives 29 Continuous reporting since 2017 report. Application of SASB and now ESRS standards. Diverse Board of Directors (5 executives, 4 NEDs; women 33.3%). Full greenhouse gas calculations Scope 1-3 in line with GHG Protocol. Climate risks and scenarios analysis. Comprehensive double materiality analysis conducted which returned 29 material ESG topics. Breezy concept key to circular economy actions. ASBIS awarded The Great Place to Work three years in a row. Company conscious of human rights: long standing Code of Ethics, Human Rights & Labor Policy and RBA Code of Conduct.
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Shareholder structure 30 Number of shares & votes % of share capital & votes KS Holdings Ltd * 20,448,127 36.84% Free-float 35,051,873 63.16% TOTAL 55,500,000 100.00% As of : 2026-08-06 *Siarhei Kostevitch holds shares as the sole shareholder of KS Holdings Ltd Affiliation to indexes: KS Holdings Ltd* Free-float WIG.MS-ECM mWIG40TR
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Thank you CONTACT FOR INVESTORS: Constantinos Tziamalis Deputy CEO +357 25857188 costas@asbis.com Bartosz Basa IR Manager +48 691 910 760 b.basa@asbis.com CONTACT FOR MEDIA: Iwona Mojsiuszko Managing Director of 8Sense PR +48 502 344 992 iwona.mojsiuszko@8sensepr.pl