2 Agenda Q2 2025 Financial Results Conference call | July 24, 2025 www.materialise.com | NASDAQ: MTLS Safe Harbor Summary This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our intentions, beliefs, assumptions, projections, outlook, analyses or current expectations, plans, objectives, strategies and prospects, both financial and bu ...

2 Commercial update Sales and distribution progress American Airlines Group Inc. SECONER IAL July 24, 2025 2023 2024 2025 YTD Q2 +7% YTD % contribution to premium revenue ~77%1 ~74% ~75% +18% YTD Q2 2025 Q3 2025E Q2 2024 Q3 2024 Q4 2024 Q1 2025 Historical Share ~ (2%) (3% Initial Expectation (5%) (7%) (9%) (10%) (11%) Indirect Channel Flown Revenue Performance¹ 1. Indirect revenue channels contributed over $14B in annual revenue in 2023. Q3 2025E based on current expectations Source: Internal data Revenue s ...

Financial Performance - Net sales reached $913 million, a 3% increase compared to Q2 2024, but flat at constant currency[6, 8, 21] - Adjusted EBIT was $124 million, up $1 million from Q2 2024, with a margin of 136%, a decrease of (20) bps[6, 8, 24] - Adjusted Free Cash Flow was $121 million, driven by sequential sales growth and working capital contribution[6, 18] Business Trends - Light vehicle gasoline sales grew 4%, outperforming the industry, driven by share of demand gains[8] - The company repurchased $22 million of common stock in Q2, bringing the total for H1 to $52 million[9] - A Q3 dividend of $006 per share was declared on July 24, 2025[9] Technology and Business Wins - Over $1 billion of light vehicle program extensions were awarded in North America and Europe[13] - The company won a significant E-Turbo program in Europe and 3 additional range extended electric vehicle applications in China[13] - The company won another Fuel Cell Compressor serial production program with a leading Asian OEM[13] Outlook - The company is raising its 2025 outlook, with net sales projected between $34 billion and $36 billion[32] - Adjusted EBITDA is projected between $590 million and $650 million, and Adjusted EBIT between $470 million and $530 million[32] - Adjusted Free Cash Flow is projected between $330 million and $410 million[32]

Financial Performance Highlights - Total Company Service revenue grew by 11% to $40.8 million compared to Q2 2024[19] - Total Company Adjusted EBITDA increased by 23% to $5.4 million compared to Q2 2024[19] - Servicer and Real Estate segment service revenue increased by 10% to $32.0 million[24] - Origination segment service revenue increased by 13% to $8.8 million[32] - Q2 2025 net income attributable to Altisource reflects an income tax benefit from the reversal of certain tax reserves related to India operations[19] Segment Performance - Servicer and Real Estate segment Adjusted EBITDA increased by 8% to $12.0 million, with margins declining slightly to 37.4% due to revenue mix[24] - Origination segment Adjusted EBITDA increased by 81% to $0.9 million, driven by stronger margins and service revenue growth[32] - Corporate Adjusted EBITDA loss was $7.5 million, $0.3 million higher than Q2 2024[40] Market Environment - Despite low delinquency rates, foreclosure starts increased by 15% in April and May 2025 compared to the same period in 2024, but were 29% lower than the same period in 2019[44] - Foreclosure sales in April and May 2025 were 10% higher than the same period in 2024 but were 47% lower than the same period in 2019[44] - Q2 2025 mortgage origination unit volume increased 27% compared to Q2 2024, with refinance activity increasing 89%[44]

Investor Presentation H o r i z o n B a n c o r p , I n c . ( N A S D A Q : H B N C ) S e c o n d Q u a r t e r E n d e d J u n e 3 0 , 2 0 2 5 J u l y 2 4 , 2 0 2 5 Beyond ordinary banking Important Information Forward-Looking Statements This press release may contain forward–looking statements regarding the financial performance, business prospects, growth and operating strategies of Horizon Bancorp, Inc. and its affiliates (collectively, "Horizon"). For these statements, Horizon claims the protection of ...

Financial Performance & Guidance - Core FFO per Diluted Share was $0.33 for the first half of 2025 and $0.17 for Q2 2025[15] - Same Store NOI Growth was 4.4% year-to-date and 5.6% for Q2 2025[10, 15] - The company is targeting a Net Debt-to-EBITDA (Normalized) ratio of approximately 10.0x by year-end 2025 and below 9.0x by year-end 2026[33, 35, 37] - The company expects Same Store Revenue Growth between 2.2% and 2.7% for 2025[20] - The company expects Same Store NOI Growth between 2.0% and 2.8% for 2025[20] - The company expects Core FFO per Share between $0.63 and $0.64 for 2025, representing a growth of 5.0% to 6.7%[20] Portfolio & Operations - As of June 30, 2025, the company's portfolio consisted of 21 residential buildings with 7,491 apartment units[10] - The occupancy rate was 93.9% as of June 30, 2025[11] - The average age of the company's properties is 10 years[10] - The average household income per unit is $445,334[10] Capital Allocation & Debt Management - The company has sold or has under binding contract $448 million of non-strategic assets in 2025[28, 31] - The company amended its $500 million credit facility, consisting of a $300 million Revolver and a $200 million Term Loan[32]

Company Performance & Financials - United Rentals reported $3943 billion in total revenue for Q2 2025, a 45% year-over-year increase[166] - The company's adjusted EBITDA for Q2 2025 was $1810 billion, with a margin of 459%[166] - United Rentals' fleet productivity for Q2 2025 was 33%[161] - The company's year-to-date free cash flow reached $1201 billion, excluding merger and restructuring payments[166] - United Rentals anticipates total revenue between $158 billion and $161 billion for 2025[171] Specialty Business & Digitalization - Specialty revenue represented approximately 33% of United Rentals' total revenue in 2024[63] - United Rentals' digital marketplace saw a 22% year-over-year increase in revenue[66] - 76% of United Rentals' revenue is influenced by digital channels, up from 70% in 2023[69] Sustainability & Governance - United Rentals aims to reduce greenhouse gas (GHG) emissions intensity by 35% by 2030, compared to a 2018 baseline[188] - As of the end of 2024, 91% of North American locations had completed lighting retrofits, working towards an aspirational goal of 95% by 2025[188]

SECOND QUARTER 2025 EARNINGS RELEASE JULY 24, 2025 FORWARD LOOKING STATEMENTS We describe many of the trends and other factors that drive our business and future results in this presentation. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed spin-off of the Company's Advanced Materials business into Solstice Advanced Materials, a standalone, publicly traded ...

Q2 2025 EARNINGS July 24, 2025 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of U.S. federal securities laws. Forward-looking statements are statements other than historical fact that provide current expectations or forecasts of future events based on certain assumptions and are not guarantees of future performance. Forward-looking statements use words such as "anticipate," "believe," "continue," "could," "designed," "effect," "estimate," "evaluate," "ex ...

Financial Performance - Q2 2025 Adjusted Funds From Operations (AFFO) increased by 5.6% to $34 million[9] - Q2 2025 AFFO per share increased by 1.7% to $0.59[9] - Year-to-date (YTD) AFFO increased by 6.6% to $67.8 million[12] - YTD AFFO per share increased by 3.5% to $1.19[12] - Increased FY2025 AFFO guidance to $2.40 - $2.41 per share from $2.38 - $2.41 per share[9] Portfolio Metrics - Invested $95.5 million at an 8.1% initial cash yield YTD[9] - Portfolio occupancy is 99.7%[12] - Weighted average lease term (WALT) is 10.0 years[12, 44, 109] - Tenant rent coverage is 2.6x[12, 17, 44, 114] - 99.9% YTD rent collections[12] Investment and Capital Structure - More than $90 million of investments are under contract, with the majority expected to close in 6-9 months[9] - Total liquidity exceeds $400 million, including $7 million in cash, $119 million in unsettled forward equity, and $275 million in revolver capacity[12] - Net debt to EBITDA is 5.2x (4.6x pro forma for unsettled forward equity)[12]