Smart Parking (SPZ) investor relations material

Strategic growth and operational highlights

• Site count reached 1,979 by April 2026, up from 1,852 at December 2025, reflecting accelerated expansion.

• UK Parking Breach Notices (PBNs) grew 10% (Jan–Apr) versus prior comparable period, with 115 new live sites added.

• US market entry is underway, with sales team expansion and CEO relocation planned for H1 FY27 to support long-term growth.

• Germany achieved 52% PBN growth for April FYTD and reached profitability since January.

• Switzerland transitioned to a growth phase post-investment, with new contracts and installations scaling.

Financial and operational performance

• Average quarterly PBNs for YTD Q3 FY26 reached 279,237, up 12% on PCP.

• Q3 FY26 saw a 19% increase in PBNs compared to Q3 FY25, with ANPR sites up 17% year-on-year.

• Robust balance sheet enables pursuit of strategic M&A for scale and earnings growth.

• Improved aged debt recovery processes are ongoing, particularly in the UK.

• Seasonal variations noted in PBN issuance, with equipment redeployed from Australia to New Zealand.

Regional and market expansion

• New Zealand PBNs grew 31% for April FYTD, with increased PBN value and 43 new sites added.

• US operations expanded to 19 ANPR sites, with significant pipeline growth and sales teams in key cities.

• Denmark maintains manual enforcement, preparing for regulatory changes.

• Target addressable markets include 45,000 sites in the UK, 90,000 in Germany, 10,000 each in Switzerland and Denmark, and 2 billion parking spaces in the US.

• Focus on leveraging SmartCloud IP and AI-driven technology in new territories.