March 4, 2026 © 2026 Nexxen International. All rights reserved. Confidential information of Nexxen. © 2026 Nexxen International. All rights reserved. Confidential information of Nexxen. Introduction to Speakers and Safe Harbor Statement This presentation has been prepared by Nexxen International Ltd. (the "Company" or "Nexxen"). This presentation and the accompanying oral presentation contain forward-looking statements. These statements may relate to, but are not limited to: statements regarding anticipated ...

Core Insights - Nexxen International Ltd. reported financial results for Q4 and full year 2025, highlighting a strong start in 2026 with revenue growth exceeding initial expectations [1][4]. Financial Highlights - Q4 2025 Contribution ex-TAC was $97.8 million, down 7% year-over-year, while programmatic revenue was $94.3 million, down 4% year-over-year [6][11]. - Full year 2025 Contribution ex-TAC reached a record $353.1 million, up 3% year-over-year, and programmatic revenue was $340.6 million, up 5% year-over-year [6][11]. - Adjusted EBITDA for Q4 2025 was $33.9 million, down 23% year-over-year, with a margin of 35% on a Contribution ex-TAC basis [6][11]. - The company had $133.3 million in cash and cash equivalents as of December 31, 2025, with no long-term debt [6][11]. Operational Highlights - Nexxen launched an expanded partnership with V, enhancing its competitive advantages and long-term revenue opportunities in CTV and data [1][5]. - The company introduced Nexxen Sports, a solution suite targeting live sports advertising, and Curated Marketplace for premium data-driven deals [12]. - Nexxen's programmatic Smart TV home screen ad activation solution has been adopted by strategic partners, including V and The Trade Desk, generating positive early results [5][9]. Financial Guidance - For full year 2026, Nexxen projects Contribution ex-TAC in the range of $375 - $390 million, representing approximately 8% year-over-year growth at the midpoint [9]. - Programmatic revenue is expected to be in the range of $367 - $381 million, indicating approximately 10% year-over-year growth at the midpoint [9]. - Adjusted EBITDA is forecasted to be between $122 - $132 million, reflecting approximately 10% year-over-year growth [9]. Strategic Initiatives - The company plans to shift resources towards its enterprise DSP and data platform, increasing investments in nexAI to drive deeper enterprise adoption [9]. - Nexxen aims to enhance its programmatic Smart TV home screen solution and pursue new mobile in-app partnerships to strengthen resilience against AI disruption [9]. - The company is evaluating strategic options for its non-core business lines following recent performance weaknesses [9].