Q3 2025 Financial results October 23, 2025 Safe harbor statement The information provided in this presentation contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth, profit and cash flow expectations. Forward-looking statements may be in ...

3Q 2025 Results October 23, 2025 Agenda ▪ 3Q25 Highlights ▪ Operating Segment Performance ▪ Actions to Provide Greater Financial Flexibility and Improved Profitability ▪ Outlook ▪ Industry Opportunities Non-GAAP measures are defined in the appendix 3Q 2025 Highlights Delivered Solid Results, Cost Savings Actions, and Near-Term Cash Support 3 $10.0B Net Sales $868MM Operating EBITDA $249MM Returned to Shareholders ▪ Operating EBITDA was $868MM, up $165MM QoQ ▪ Total CapEx for the quarter was $564MM ▪ Cash Fl ...

Financial Performance Overview - For 9 months of 2025, the Group's revenues reached €1,326 million, a decrease of 2% year-on-year, with flat organic growth[15, 20] - In Q3 2025, consolidated revenues were €398 million, flat year-on-year, but with a 4% increase in organic growth[16, 20] Brand Performance in Q3 2025 - ZEGNA brand revenues grew organically by 6%, reaching €249 million, driven by strong DTC channel performance[16, 20] - Thom Browne revenues decreased organically by 5% to €48 million, showing improvement compared to the first half of the year due to DTC acceleration[16, 20] - TOM FORD FASHION revenues increased organically by 4% to €66 million, supported by double-digit growth in the DTC channel[16, 20] Revenue by Geographic Area in Q3 2025 - EMEA revenues grew organically by 3%[23, 25] - Americas revenues increased organically by 13%[23, 25] - Greater China Region revenues decreased organically by 7%, showing sequential improvement[23, 25] Revenue by Distribution Channel in Q3 2025 - DTC revenues reached €297 million, with a 9% organic growth rate[27, 29] - Wholesale branded revenues decreased organically by 15%[27, 29] Retail Store Network - As of September 30, 2025, the total number of DTC stores was 472, compared to 461 at December 31, 2024, and 453 at September 30, 2024[43] - The total number of Wholesale stores was 198 at September 30, 2025, compared to 203 at December 31, 2024, and 211 at September 30, 2024[43]

Financial Performance Highlights - Nokia reported strong net sales growth of 9% in Q3 2025[8], reaching EUR 48 billion[52] - The company's Q3 2025 gross margin was 442%[23] - Q3 2025 free cash flow (FCF) was EUR 04 billion[23] - Nokia's Q3 2025 net cash stood at 9%[23] Segment Performance - Network Infrastructure net sales increased by 11% year-over-year to EUR 1953 million[29], driven by Optical Networks which grew by 19%[32] - Cloud and Network Services net sales grew by 13% year-over-year to EUR 645 million[36] - Mobile Networks net sales saw a 4% increase year-over-year to EUR 1842 million[41] - Nokia Technologies net sales increased by 14% year-over-year to EUR 391 million[47] Strategic Progress - Net sales from AI & Cloud accounted for 6% of Nokia's total net sales in Q3 2025[10, 12] - Nokia is on track to achieve its full-year 2025 outlook, targeting the mid-point of its operating profit outlook range of EUR 17 billion to EUR 22 billion[8, 19] - Nokia Technologies maintains a contracted annual net sales run-rate of approximately EUR 14 billion[50]

Legal & General Retail deep dive Highly Confidential Forward looking statements This document may contain certain forward -looking statements relating to L&G, its plans and its current goals and expectations relating to future financial condition, performance and results. By their nature, forward -looking statements involve uncertainty because they relate to future events and circumstances which are beyond L&G's control, including, among others, UK domestic and global economic and business conditions, marke ...

Continuing to deliver; confident in our outlook February 2025 Q3 2025 Interim Management Statement Lloyds Banking Group 23 October 2025 2024 Results Lloyds Banking Group 20th 1 Purpose Helping Britain Prosper Continued strategic delivery for customers and wider stakeholders Robust financial performance, with strong capital generation 2025 guidance improved excluding Q3 motor finance charge; confident in 2026 Lloyds Banking Group 2 Lloyds Banking Group 2 Continued strategic progress Full acquisition of Schro ...

1 Safe harbour statement This presentation may contain forward-looking statements within the meaning of the securities laws of certain jurisdictions, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words and terminology such as 'will', 'aim', 'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision', 'ambiti ...

STMicroelectronics Q3 2025 Financial Results October 23, 2025 Forward looking information Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities Exchange Act of 1934, each as amended) that are based on management's current views and assumptions, and are conditioned upon and also involve known and unknown risks and ...

Growth Strategy - HEINEKEN aims for mid-single-digit net revenue organic growth, driven by a structural beer category volume growth of approximately 1%[325, 829, 831] - The company will focus on 17 key markets that are expected to drive around 90% of its growth[82, 177, 272, 483, 1067] - HEINEKEN intends to allocate over 80% of its marketing and selling expenses to its focus brands, including 5 global brands and 25 local power brands[294, 622, 827] Productivity and Efficiency - HEINEKEN plans to achieve gross savings of €400-500 million per year through productivity initiatives, leveraging global scale, skills, and digital acceleration[342, 845, 1114] - The company is investing over €1 billion in a Digital Backbone (DBB) to modernize legacy systems and enable AI-driven capabilities[352] - HEINEKEN aims to improve cash conversion to over 90% by optimizing working capital and capital expenditure[345, 979, 1001, 1141] Sustainability and Responsibility - HEINEKEN is committed to achieving net-zero carbon emissions in Scope 1 and 2 by 2030 and across the value chain by 2040[417, 1159] - The company aims to reduce water usage to less than 26 hectoliters per hectoliter (hl/hl) by 2030[415, 1160] - HEINEKEN is targeting 40% women in senior management positions by 2030[417, 1161] Financial Performance - The company is targeting organic growth in operating profit to be greater than or equal to organic growth in net revenue[427, 1114, 1168] - HEINEKEN intends to maintain a dividend payout ratio of 30-40% of net profit (beia)[1126] - The company has announced a €15 billion share buyback program[1134]

Strategy & Growth - HEINEKEN aims for mid-single-digit net revenue organic growth under EverGreen 2030[325, 829], driven by a structural beer category volume growth of approximately 1%[1052, 1075] - The company is focusing on 17 key markets that are expected to drive around 90% of its growth[821, 1067] - HEINEKEN plans to allocate over 80% of its marketing and selling expenses to focus brands[294, 827], while reducing invested brands by 25% by 2030[317, 827, 1072] - The company aims to achieve over 90% cash conversion[345, 1001, 1141] Productivity & Efficiency - HEINEKEN is targeting €400-500 million in gross savings per year through EverGreen 2030[342, 845, 1114], leveraging global scale, skills, and digital acceleration[342, 845, 1114] - The company has achieved over €3 billion in gross savings under EverGreen 2025[61, 80, 854, 1042], exceeding its initial target[61, 80, 854, 1042] - HEINEKEN is investing over €1 billion in a Digital Backbone[352], which is critical for modernizing legacy systems and enabling AI-driven capabilities[352] - The company plans to reduce its Amsterdam Head Office personnel base by 35%, resulting in €100 million in run-rate savings[372, 937] Sustainability & Responsibility - HEINEKEN aims to achieve Net Zero carbon emissions in Scope 1 & 2 by 2030[417, 1159] and across the value chain by 2040[417] - The company is targeting water usage of less than 2.6 hectoliters per hectoliter (hl/hl) by 2030[415, 1160] - HEINEKEN aims to increase the proportion of women in senior management to 40% by 2030[417, 1161]