Austriacard Holdings (ACAG) investor relations material

Strategic developments and corporate actions

• Dai Nippon Printing (DNP) launched a voluntary all-cash takeover offer at €10.00 per share, valuing the company at approximately €364 million, with a 20-24% premium to recent closing prices and 43-46% to the 6-month VWAP.

• The offer is supported by the largest shareholder (74.6% stake) and management, with a minimum acceptance condition of 75% and regulatory clearances required by March 2027.

• DNP aims to support current strategy and management, with potential for squeeze-out or delisting post-transaction.

• The acceptance period runs from June to August 2026, with a possible three-month extension and settlement upon satisfaction of all conditions.

Business model and growth strategy

• Operates as a global applied technology provider in identity, payment, document lifecycle management, and digital technologies, with a strong focus on digital transformation and AI-enabled innovation.

• Growth strategy centers on geographic expansion (notably UK, US, France, MEA), market share gains, enhancement of high-margin, recurring revenue solutions, and disciplined M&A.

• Emphasizes proprietary technologies, R&D in AI and machine learning, and a diversified solutions portfolio for financial institutions, corporates, and governments.

• Recent acquisitions have expanded technological depth and geographic reach, supporting transition to end-to-end solutions.

Financial performance and position

• FY2025 revenues reached €360 million, EBITDA €49 million (13.6% margin), and net profit €16 million, with operating cash flow of €40 million and leverage at 1.7x.

• Revenue CAGR 2022-25 was 5%, EBITDA CAGR 16%, and net profit CAGR 50%, reflecting strong organic and acquisitive growth.

• Maintains a solid balance sheet with total assets of €328 million and equity of €136 million as of 2025.

• Demonstrates strong cash generation, disciplined capital allocation, and a well-diversified revenue mix across solutions and geographies.