Slides
Page 1
August 27, 2024 H1 2026 Asseco Group’s results August 27, 2026
Page 2
Summary of activities 2
Page 3
Asseco in H1 2026 3 Revenues PLN 9 250 million +16% Operating profit PLN 1 083 million +38% Net profit PLN 430 million +52%
Page 4
Revenues by operating segments 4 4 726 5 593 H1 2025 H1 2026 2 167 2 372 H1 2025 H1 2026 1 117 1 305 H1 2025 H1 2026 Asseco Poland Segment Asseco International Segment Formula Systems Segment +17% Sales revenues (PLN million) +9% +18%
Page 5
22% 27% 10% 17% 24% Revenues 9 250 2 010 2 228 1 449 1 598 798 934 1 941 2 504 1 789 1 987 H1 2025 H1 2026 +11% +10% +11% +17% +29% Solutions for finance ERP solutions Solutions for public institutions Other IT solutions Infrastructure and other Revenues by product groups 5 Share of the 10 largest customers in the Group’s revenues for H1 2026 Share of the largest customer in the Group’s revenues for H1 202613% 2% PLN million
Page 6
Solutions for finance 6 H1 2026 H1 2025 Change Asseco Poland Segment 361.3 310.3 +16% Asseco International Segment 821.1 792.1 +4% Formula Systems Segment 804.7 687.3 +17% Asseco Group* 1 986.9 1 789.3 +11% Revenues (PLN million) * Data adjusted for consolidation. • Asseco Poland: growth in the banking and finance business driven by long -term contracts, recurring revenues from servicing and development projects • Asseco International: banking as the growth driver at Asseco South Eastern Europe – higher sales across all business lines, with the strongest growth in core banking, implementation of financial sector digitalisation projects at Asseco Central Europe • Formula Systems: growth of Matrix IT’s international business, supported by the expansion of professional services in the US and activities in the Governance, Risk & Compliance area for financial institutions 1 711 1 654 1 644 1 789 1 987 H1 2022 H1 2023 H1 2024 H1 2025 H1 2026
Page 7
1 612 1 640 1 653 1 941 2 504 H1 2022 H1 2023 H1 2024 H1 2025 H1 2026 7 Revenues (PLN million) H1 2026 H1 2025 Change Asseco Poland Segment 739.2 582.9 +27% Asseco International Segment 322.4 241.9 +33% Formula Systems Segment 1 447.5 1 124.1 +29% Asseco Group* 2 504.2 1 940.8 +29% • Asseco Poland: consistent implementation of a strategy to develop expertise in digital public services, maintenance and development of syste ms critical to serving citizens, increased investment in the digitalisation of healthcare thanks to funds from the National Recovery Plan (KPO) – over 150 hospitals covered by the program are clients of Asseco Poland • Asseco International: the growing role of Asseco Central Europe in the digitalisation of public administration in the Czech Republic and Slovakia – projects for government, healthcare and education, Asseco Lietuva’s activities in the public sector • Formula Systems: a strong position in the public sector – strategic digitalisation projects, development of cloud services and cybersecurity solutions Solutions for public institutions * Data adjusted for consolidation.
Page 8
671 726 745 798 934 H1 2022 H1 2023 H1 2024 H1 2025 H1 2026 ERP solutions 8 H1 2026 H1 2025 Change Asseco International Segment** 568.9 503.5 +13% Formula Systems Segment 368.8 296.0 +25% Asseco Group* 933.9 797.6 +17% * Data adjusted for consolidation. ** The Asseco International Segment includes sales from the ERP solutions product group of the Asseco Poland Segment (PLN 3.7 million in H1 2026, PLN 35.1 million in H1 2025). • Asseco International: dynamic growth of Asseco Business Solutions – rising domestic and international sales, projects related to the implementation of the National e-Invoice System (KSeF), and the development of cloud and AI solutions, sales growth at Asseco Solutions in the Cze ch Republic and Germany • Formula Systems: higher sales of enterprise solutions and expansion of the product portfolio in the payroll and HR areas Revenues (PLN million)
Page 9
The Group’s growth – acquisitions 9 8Seneca specializes in IT outsourcing and providing dedicated development teams for B2B companies. /ACE Group/ Acquisitions in Q3 2026. Asseco Poland Segment Asseco International Segment Asseco Poland Segment /Asseco Poland/ Mc Comp develops proprietary IT solutions for gas stations and the HoReCa sector. /Asseco PST/ RandTech Computing is an insurtech company that develops software for entities in the insurance sector.
Page 10
The Group’s growth – acquisitions 10 Asseco Poland Segment Formula Systems Segment /Formula Infrastructure/ M.L.B.S. Technologies specializes in underground infrastructure projects for the telecommunications, transportation, and municipal sectors. /Formula Infrastructure/ David Barhom carries out infrastructure projects in the areas of advanced 3D modeling, lighting control, electric vehicle charging, and energy efficiency. /Magic Software/ Martin Control Systems provides solutions in the fields of industrial automation, robotics, and manufacturing process optimization. /Michpal Technologies/ The Zviran Group provides solutions for payroll, employee benefits, pensions, and HR data and process management. /Magic Software Group/ Productive Software Development specializes in software development and building dedicated engineering teams, supporting clients in their digital transformation. /Michpal Technologies/ Meckano is a provider of cloud-based solutions for managing work time, attendance, and HR processes. Acquisitions in Q3 2026.
Page 11
Financial information 11
Page 12
PLN 9 250 million Sales revenues CAGR 2022–2026: +6% PLN 1 240 million Non-IFRS EBIT CAGR 2022–2026: +12% PLN 485 million Non-IFRS net profit CAGR 2022–2026: +16% PLN 7 149 million Proprietary software and services CAGR 2022–2026: +7% PLN 1 522 million Non-IFRS EBITDA CAGR 2022–2026: +11% Selected consolidated financial data for H1 2026 12
Page 13
EBIT non-IFRS H1 2025 kursy walut wyniki organiczne H1 2026 akwizycje EBIT non-IFRS H1 2026 Przychody H1 2025 kursy walut wyniki organiczne H1 2026 akwizycje Przychody H1 2026 Non-IFRS results for H1 2026 vs. H1 2025 13 Sales revenues Non-IFRS operating profit PLN million 7 987 +284 +858 +121 9 250 933 +29 +243 +35 1 240 PLN million Non-IFRS figuresincludeadjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A). Revenues H1 2025 FX rates organic results H1 2026 acquisitions Revenues H1 2026 Non-IFRS EBIT H1 2025 FX rates organic results, H1 2026 acquisitions Non-IFRS EBIT H1 2026
Page 14
318 485 Zysk netto non-IFRS H1 2025 seg. Asseco Poland seg. Formula Systems* seg. Asseco International korekty między-seg. Zysk netto non-IFRS H1 2026 Non-IFRS results for H1 2026 vs. H1 2025 14 PLN million +125 -4 +34 +12 Non-IFRS figures include adjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A) and the impact of hyperinflation (ASEE Group), along with the related tax effects. * Includingthe impact of not consolidating Sapiens: - PLN 18 million. Non-IFRS net profit attributable to shareholders of the parent company Non-IFRS net profit H1 2025 Asseco Poland Segment Formula Systems Segment* Asseco International Segment Adjustments between segments Non-IFRS net profit H1 2026
Page 15
Revenues and operating profit 15 H1 2026 H1 2025 Δ Q2 2026 Q2 2025 Δ Sales revenues 9 250.4 7 987.0 +16% 4 851.0 3 943.2 +23% Proprietary software and services 7 149.0 6 091.3 +17% 3 756.1 3 006.8 +25% Non-IFRS EBITDA* 1 522.2 1 197.9 +27% 810.7 603.9 +34% Profitability 16.5% 15.0% +1.5 p.p. 16.7% 15.3% +1.4 p.p. Non-IFRS* operating profit 1 240.2 933.1 +33% 665.5 470.2 +42% Profitability 13.4% 11.7% +1.7 p.p. 13.7% 11.9% +1.8 p.p. PPA and SBP -119.5 -131.9 - -64.3 -69.4 - M&A -38.0 -15.0 - -31.1 -0.9 - Operating profit 1 082.7 786.2 +38% 570.1 399.9 +43% Profitability 11.7% 9.8% +1.9 p.p. 11.8% 10.1% +1.7 p.p. Figures in millions of PLN. * Non-IFRS figures include adjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A). Δ excluding the impact of foreign exchange differences in H1 / Q2: +30% / +36% +12% / +17% +34% / +37%
Page 16
Reconciliation of operating profit and net profit 16 H1 2026 H1 2025 Δ Q2 2026 Q2 2025 Δ Non-IFRS* operating profit 1 240.2 933.1 +33% 665.5 470.2 +42% Operating profit 1 082.7 786.2 +38% 570.1 399.9 +43% Interest income 15.8 -63.1 - 13.8 -29.1 - Foreign exchange transactions -44.5 -20.1 - -34.8 -27.5 - M&A Transactions 2.0 -8.7 - 5.0 -3.4 - Hyperinflation 12.2 9.4 - 4.5 2.3 - Other -4.7 -7.6 - -0.8 -1.2 - Gross profit 1 063.4 696.2 +53% 557.8 341.1 +64% Tax -251.1 -161.3 +56% -148.7 -81.4 +83% Effective tax rate 23.6% 23.2% +0.4 p.p. 26.7% 23.9% +2.8 p.p. Share in the profit/loss of associates 61.0 4.5 +1,256% -1.2 0.1 - Net profit from discontinued operations for the reporting period - 119.7 -100% - 49.2 -100% Non-IFRS net profit 970.1 827.6 +17% 514.2 395.7 +30% Net profit 873.3 659.1 +32% 407.9 309.0 +32% Non-IFRS* net profit attributable to shareholders of the parent company 485.4 317.7 +53% 261.6 161.9 +62% PPA and SBP -24.7 -32.4 - -13.0 -17.1 - M&A and Hyperinflation -31.0 -3.3 - -47.4 1.1 - Net profit attributable to shareholders of the parent company 429.6 282.0 +52% 201.2 145.8 +38% Figures in millions of PLN. * Non-IFRS figures include adjustmentsfor the amortization of intangible assets recognized as a result ofthe purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A) and the impact of hyperinflation (ASEE Group), along with the related tax effects.
Page 17
Financial results of regions and subsidiaries 17 Sales revenues Non-IFRS operating profit* Non-IFRS net profit attributable to Asseco Poland* H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 Asseco Poland Segment 1 305.1 1 116.5 330.7 220.6 278.6 153.2 Asseco Poland (excluding dividends) 1 006.3 819.6 261.5 172.7 222.0 115.0 Other operations in Poland 357.1 287.5 82.0 43.1 67.6 34.8 Consolidation adjustments ** -58.4 9.4 -12.8 4.8 -11.0 3.4 Formula Systems Segment 5 592.8 4 726.3 594.3 481.6 51.6 55.5 Matrix IT + Magic 5 151.4 4 379.0 523.9 433.7 40.0 34.3 Other companies 454.2 351.8 84.7 58.0 10.7 9.4 Holding, consolidation adjustments *** -12.8 -4.5 -14.3 -10.2 0.9 11.8 Asseco International Segment 2 372.1 2 167.0 309.5 239.5 149.2 115.3 Central and Western European Market 1 501.8 1 340.4 180.1 139.4 100.0 79.6 South Eastern European Market 871.1 827.3 136.6 110.0 54.8 43.0 Holding and consolidation adjustments -0.8 -0.7 -7.2 -9.9 -5.5 -7.3 Consolidation adjustment -19.6 -22.8 5.7 -8.5 5.9 -6.2 Asseco Group 9 250.4 7 987.0 1 240.2 933.1 485.4 317.7 Figures in millions of PLN. * Non-IFRS figures include adjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A) and the impact of hyperinflation (ASEE Group), along with the related tax effects. ** IncludingDahliaMatic’sH1 2025 results (transferredto the Asseco International segment in Q4 2025). *** IncludingSapiens’ contribution to net profit in H1 2025: PLN 17.5 million.
Page 18
Cash generated (LTM) 18 Asseco Group Asseco Poland Segment Asseco International Segment Formula Systems Segment CFOBT * 2 998.4 725.1 1 073.4 1 204.1 CAPEX + leasing** -547.2 -88.4 -188.5 -274.0 Free cash flow (before tax)*** 2 451.2 636.7 884.9 930.1 Tax paid -396.8 -93.1 -107.8 -195.8 Free cash flow 2 054.3 543.6 777.1 734.3 Cash conversion ratio**** 105% 113% 133% 84% Figures in millions of PLN; the Group figures include consolidation adjustments; data for the last 12 months, i.e., July 2025-June 2026. * Cash flow from operating activities before taxes, excluding lease expenses. ** Expenditures on the acquisition of fixed assets and intangibleassets (less financing) and lease expenses. *** CFOBT + CAPEX + leasing. **** Free cash flowBT / Non-IFRS EBIT.
Page 19
Financial information Proportional recognition 19
Page 20
EBIT non-IFRS H1 2025 kursy walut wyniki organiczne H1 2026 akwizycje EBIT non-IFRS H1 2026 Przychody H1 2025 kursy walut wyniki organiczne H1 2026 akwizycje Przychody H1 2026 Non-IFRS resultsfor H1 2026 vs. H1 2025 – proportionalrecognition 20 Sales revenues Non-IFRS operatingprofit 3 195 +49 +384 +41 3 670 418 +3 +165 +11 597 The proportionalrecognitionis the result of restatingthe figures from the stand-alone financialstatementsof the Group’s subsidiariesby a percentagereflectingAsseco Poland’seffectiveownershipinterestin those companies. Non-IFRS recognitionincludesadjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A). Revenues H1 2025 FX rates organic results H1 2026 acquisitions Revenues H1 2026 PLN million Non-IFRS EBIT H1 2025 FX rates organic results, H1 2026 acquisitions Non-IFRS EBIT H1 2026 PLN million
Page 21
Revenues and operating profit – proportional recognition 21 Proportional recognition* H1 2026 H1 2025 Δ Q2 2026 Q2 2025 Δ Sales revenues 3 669.8 3 194.8 15% 1 942.8 1 632.8 19% Proprietary software and services 2 944.0 2 471.2 +19% 1 559.9 1 265.7 +23% Non-IFRS EBITDA* 719.1 536.3 34% 389.0 279.1 39% Profitability 19.6% 16.8% +2.8 p.p. 20.0% 17.1% +2.9 p.p. Non-IFRS operating profit** 596.6 418.0 43% 325.9 218.0 50% Profitability 16.3% 13.1% +3.2 p.p. 16.8% 13.3% +3.4 p.p. PPA and SBP -28.8 -36.9 - -15.1 -20.6 - M&A -20.8 -4.3 - -18.4 1.5 - Operating profit 547.0 376.8 45% 292.4 198.8 47% Profitability 14.9% 11.8% +3.1 p.p. 15.1% 12.2% +2.9 p.p. Figures in millions of PLN. * The proportionalrecognitionis the result of restating the figures from the stand-alone financial statements of the Group’s subsidiaries by a percentage reflecting Asseco Poland’s effective ownership interest in those companies. ** Non-IFRS figures include adjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A). Δ excluding the impact of foreign exchange differences in H1 / Q2: +41% / +47% +13% / +16% +43% / +44%
Page 22
Cash generated (LTM) – proportional recognition 22 Proportional recognition* Asseco Group Asseco Poland Segment Asseco International Segment Formula Systems Segment CFOBT ** 1 573.8 712.6 696.6 164.6 CAPEX + leasing*** -238.2 -86.3 -116.4 -35.5 Free cash flow (before tax)**** 1 335.6 626.3 580.2 129.1 Tax paid -188.3 -92.7 -71.2 -24.4 Free cash flow 1 147.3 533.6 509.0 104.7 Cash conversion ratio***** 121% 113% 143% 93% Figures in millions of PLN; the Group figures include consolidation adjustments; data for the last 12 months, i.e., July 2025-June 2026. * Proportionalrecognitionresults from adjusting the figures from the stand-alone financial statements of the Group’s subsidiaries by a percentage reflecting Asseco Poland’s effective ownership interest in those companies. ** Cash flow from operating activities before taxes, excluding lease expenses. *** Expenditures on the acquisition of fixed assets and intangibleassets (less financing) and lease expenses. **** CFOBT s + CAPEX + leasing. ***** Free cash flowBT / Non-IFRS EBIT.
Page 23
Order backlog 23
Page 24
6 632 7 307 2 872 3 156 1 856 2 246 2025 2026 11 359 12 709 Asseco Poland Segment +10% +21% +10%Formula Systems Segment Asseco International Segment 6 632 7 983 2 872 3 188 1 856 2 246 2025 2026 11 359 13 416 +20% +11% +21% Proprietary software and services 2026 backlog / 2025 revenuesFixed exchange rates* The Group’s order backlog 24 Figures in millions of PLN. Value of the 2026 order backlog as at August 19, 2026; value of the 2025 order backlog as at August 22, 2025 (both periods exclude Sapiens and include DahliaMatic in the AI segment). * Calculating the 2026 backlog using the same exchange rates used to calculate the 2025 backlog. ** The 2026 backlog calculated by using the exchange rates as at August 19, 2026. 106%+18%+12% Variable exchange rates**
Page 25
Figures in millions of PLN. The proportional recognition is the result of adjusting the figures from the stand -alone financial statements of the Group’s subsidiaries to reflect the percentage of ownership held by Asseco Poland in those compan ies. Value of the order backlog for 2026 as at August 19, 2026; value of the order backlog for 2025 as at August 22, 2025 (both periods exclude Sapiens and include DahliaMatic in the AI segment). * Calculating the 2026 backlog using the same exchange rates as those used to calculate the 2025 backlog. ** The 2026 backlog calculated by using the exchange rates as at August 19, 2026. 25 The Group’s order backlog – proportional recognition 804 879 1 960 2 151 1 826 2 210 2025 2026 4 590 5 240 Asseco Poland Segment +10% +21% +9%Formula Systems Segment Asseco International Segment 804 960 1 960 2 172 1 826 2 210 2025 2026 4 590 5 342 +19% +11% +21% 2026 backlog / 2025 revenues 103% Fixed exchange rates* Variable exchange rates** +14% +16% Proprietary software and services
Page 26
Attachments 26
Page 27
Stable liquidity position 27 Asseco Group Asseco Poland Segment Asseco International Segment Formula Systems Segment Eliminations Cash 5 104.7 877.1 967.7 3 259.9 - Interest-bearing liabilities (ST) -1 562.6 -114.4 -180.5 -1 270.5 2.8 Liabilities from loans and borrowings (ST) -1 313.4 -100.6 -119.2 -1 093.6 - Leasing (ST) -249.2 -13.8 -61.3 -176.9 2.8 Net cash (ST) 3 542.1 762.7 787.2 1 989.4 2.8 Current assets - ST liabilities (excluding net cash)* 654.9 289.4 -28.9 399.1 -4.7 Net operating assets (ST) 4 197.0 1 052.1 758.3 2 388.5 -1.9 Interest-bearing liabilities (LT) -2 075.4 -545.0 -273.9 -1 261.1 4.6 Liabilities from loans and borrowings (LT) -1 440.3 -487.8 -114.4 -838.1 - Leasing (LT) -635.1 -57.2 -159.5 -423.0 4.6 Net cash (ST + LT) 1 466.7 217.7 513.3 728.3 7.4 Figures in millions of PLN. * Current (short-term) assets and assets held for sale - current (short-term) liabilities (excluding net cash).
Page 28
Stable liquidity position – proportional recognition* 28 Figures in millions of PLN. * The proportionalrecognitionresults from adjusting the figures from the stand-alone financial statements of the Group’s subsidiaries by a percentage reflecting Asseco Poland’s effective ownership interest in those companies. ** Current(short-term) assets and non-current assets held for sale – current(short-term) liabilities(excluding net cash). Asseco Group Asseco Poland Segment Asseco International Segment Formula Systems Segment Eliminations Cash 2 343.1 861.8 795.9 685.4 - Interest-bearing liabilities (ST) -451.0 -110.9 -126.0 -215.4 1.3 Liabilities from loans and borrowings (ST) -373.0 -97.1 -83.8 -192.1 - Leasing (ST) -78.0 -13.8 -42.2 -23.3 1.3 Net cash (ST) 1 892.1 750.9 669.9 470.0 1.3 Current assets - ST liabilities (excluding net cash)* 272.0 291.2 -41.8 26.0 -3.4 Net operating assets (ST) 2 164.1 1 042.1 628.1 496.0 -2.1 Interest-bearing liabilities (LT) -915.3 -547.9 -182.3 -187.2 2.1 Liabilities from loans and borrowings (LT) -689.1 -490.8 -66.3 -132.0 - Leasing (LT) -226.2 -57.1 -116.0 -55.2 2.1 Net cash (ST + LT) 976.8 203.0 487.6 282.8 3.4
Page 29
Financial resultsof regions and subsidiaries– proportionalrecognition 29 Proportional recognition* Sales revenues Non-IFRS operating profit* Non-IFRS net profit attributable to Asseco Poland* H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 Asseco Poland Segment 1 282.9 1 095.3 325.9 216.1 278.6 153.2 Asseco Poland (excluding dividends) 1 006.3 819.6 261.5 172.7 222.0 115.0 Other operations in Poland 335.0 266.3 77.2 38.7 67.6 34.8 Consolidation adjustments** -58.4 9.4 -12.8 4.7 -11.0 3.4 Formula Systems Segment 701.0 594.4 73.1 63.5 51.6 55.5 Matrix IT + Magic 603.9 496.9 61.4 48.8 40.0 34.3 Other companies 100.4 92.4 15.5 17.3 10.7 9.4 Holding, consolidation adjustments*** -3.3 5.1 -3.7 -2.6 0.9 11.8 Asseco International Segment 1 705.5 1 527.6 191.8 146.3 149.2 115.3 Central and Western European Market 1 246.0 1 119.7 126.6 101.7 100.0 79.6 South Eastern European Market 460.2 408.5 72.4 54.2 54.8 43.0 Holding and consolidation adjustments -0.8 -0.7 -7.2 -9.6 -5.5 -7.3 Consolidation adjustment -19.6 -22.5 5.7 -7.9 5.9 -6.2 Asseco Group 3 669.8 3 194.8 596.6 418.0 485.4 317.7 Figures in millions of PLN. The proportionalrecognitionis the result of restating the figures from the stand-alone financial statements of the Group’s subsidiaries by a percentage reflecting Asseco Poland’s effective ownership interest in those companies. *Non-IFRS figures include adjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A) and the impact of hyperinflation (ASEE) (and related tax effects). ** including DahliaMatic’s2025 results (transferredto the Asseco International segment in Q4 2025). *** including Sapiens’ contribution to net profit in H1 2025: PLN 17.5 million.
Page 30
Sales revenues Non-IFRS EBITDA* Non-IFRS EBIT* H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 Solutions for finance 1 986.9 1 789.3 337.2 309.3 265.7 241.2 Asseco Poland Segment 361.3 310.3 98.4 72.7 88.1 62.0 Asseco International Segment 821.1 792.1 145.0 154.2 107.4 118.5 Formula Systems Segment 804.7 687.3 93.8 80.7 70.2 58.8 Solutions for public institutions 2 504.2 1 940.8 463.0 312.4 385.0 239.4 Asseco Poland Segment 739.2 582.9 246.0 169.3 225.6 147.0 Asseco International Segment 322.4 241.9 57.5 25.7 45.9 14.5 Formula Systems Segment 1 447.5 1 124.1 158.9 121.5 112.4 82.0 ERP solutions 933.9 797.6 246.9 184.8 204.4 140.0 Asseco Poland Segment 3.7 35.1 -2.0 1.4 -2.3 0.7 Asseco International Segment 565.2 468.4 154.8 106.5 124.3 77.7 Formula Systems Segment 368.8 296.0 94.5 77.5 82.6 62.3 Other IT solutions 1 597.9 1 449.1 209.9 176.4 179.9 143.3 Asseco Poland Segment 102.3 96.5 19.2 10.2 13.9 5.1 Asseco International Segment 57.6 44.0 10.4 3.6 15.3 6.4 Formula Systems Segment 1 435.9 1 308.1 175.7 161.5 145.9 130.9 Infrastructure and other (non-IT) 2 227.5 2 010.2 265.2 215.0 205.3 169.2 Asseco Poland Segment 98.6 91.7 14.4 14.3 5.4 5.8 Asseco International Segment 605.8 620.6 39.2 38.0 16.6 22.3 Formula Systems Segment 1 535.9 1 310.8 212.4 170.6 183.2 147.7 Asseco Group 9 250.4 7 987.0 1 522.2 1 197.9 1 240.2 933.2 Financial results by product groups 30 Figures in millions of PLN. The totals for product groups and the Asseco Group include not only segment results but also consolidation adjustments. * Non-IFRS presentation includes adjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A).
Page 31
Financial resultsby productgroups– proportionalrecognition Proportional recognition* Sales revenues Non-IFRS EBITDA** Non-IFRS EBIT** H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 Solutions for finance 929.4 822.1 191.4 166.6 157.1 134.2 Asseco Poland Segment 343.9 294.4 94.8 69.6 84.9 59.4 Asseco International Segment 491.4 450.8 86.0 86.6 64.4 66.8 Formula Systems Segment 94.3 77.3 10.7 8.7 7.9 6.1 Solutions for public institutions 1 183.1 910.6 310.3 199.4 276.1 164.7 Asseco Poland Segment 739.2 582.9 246.0 169.3 225.6 147.0 Asseco International Segment 279.3 205.6 45.6 20.0 36.8 12.2 Formula Systems Segment 169.5 130.0 18.0 13.7 12.6 9.0 ERP solutions 452.6 420.6 106.0 83.8 85.9 61.6 Asseco Poland Segment 3.7 35.1 -2.0 1.4 -2.3 0.7 Asseco International Segment 406.0 332.1 95.9 63.4 77.5 46.0 Formula Systems Segment 46.7 55.2 12.5 19.7 10.9 15.6 Other IT solutions 310.2 278.2 48.6 32.8 42.2 25.0 Asseco Poland Segment 102.3 96.5 19.2 10.2 13.9 5.1 Asseco International Segment 39.4 29.3 4.6 3.5 6.8 4.5 Formula Systems Segment 166.4 151.9 20.2 18.1 16.7 14.4 Infrastructure and other (non-IT) 794.5 763.2 62.8 53.7 35.3 32.6 Asseco Poland Segment 93.8 86.4 12.8 12.4 3.9 3.9 Asseco International Segment 489.4 509.7 20.2 26.9 6.3 16.8 Formula Systems Segment 224.1 180.0 30.6 22.3 25.2 18.4 Asseco Group 3 669.8 3 194.8 719.1 536.3 596.6 418.0 31 Figures in millions of PLN. The totals for product groups and the Asseco Group include not only segment results but also consolidation adjustments. * Proportionalrecognitionresults from adjusting the figures from the stand-alone financial statements of the Asseco Group’s subsidiaries by a percentage reflecting Asseco Poland’s effective ownership interest in those companies. ** Non-IFRS figures include adjustmentsfor the amortization of intangible assets recognized as a result of the purchase price allocation (PPA) process, for the costs of share-based payment (SBP) transactions with employees, as well as for revenues and costs resulting from the transactions of purchase and sales of companies (M&A).
Page 32
Asseco Group www.asseco.com @asseco_group linkedin.com/company/asseco-group Asseco Poland www.asseco.pl @asseco_pl linkedin.com/company/asseco-poland youtube.com/user/AssecoPolandSA facebook.com/AssecoPolandKariera/.
Page 33
The content available in this presentation is protected by copyright and is the property of the owner. Texts, graphics, photographs, audio, animations, and videos, as well as their arrangement within the presentation, are protected under the Act on Copyright and Related Rights and other relevant regulations. Any unauthorized use of any materials contained in the presentation may constitute a violation of copyright, trademark, or other laws. The materials available in this presentation may not be modified, reproduced, publicly displayed, performed, distributed, or used for any other public or commercial purposes unless Asseco Poland S.A. has expressly consented to such use in writing. Copying for commercial purposes, distributing, modifying, or appropriating the content of this presentation by third parties is prohibited. The presentation may also include materials containing references to offers and services provided by third parties. The terms and conditions for using the offers and services of third parties are determined by those entities. Asseco Poland S.A. assumes no liability for the terms and consequences of using the offers and services of such entities. The data and information contained in this presentation are provided for general informational purposes only. The forward-looking statements contained in this presentation are based on currently available data and assumptions; however, both these assumptions and the economic factors taken into account are subject to constant change, which may lead to significant differences between the information presented in this presentation and the actual future results of the Company and its Capital Group. Therefore, this presentation, in whole or in part, may not under any circumstances be treated as a recommendation or forecast. The name and logo of Asseco Poland S.A. are registered trademarks. Use of these marks requires the express consent of Asseco Poland S.A. Legal Disclaimers 2026 © Asseco Poland S.A.