Fastned (FAST) Investor presentation summary

Strategic positioning and market leadership

• Recognized as a European leader in public DC fast charging, focusing on high-traffic locations for optimal station economics and visibility.

• Vertically integrated business model covers site selection, construction, operations, and customer support, ensuring high reliability and customer satisfaction.

• Consistently ranks among the top charging networks in customer surveys and independent reviews, outperforming competitors at co-located sites.

Growth, financial performance, and funding

• Achieved 47% revenue growth in 2025, with operational EBITDA margin at 36% and positive underlying EBITDA.

• Organic growth driven by BEV adoption and high-traffic locations, with inorganic growth from new station openings; 414 operational stations across 9 countries as of Q1 2026.

• Funding secured through €250m equity, >€300m retail bonds, and a new €200m green loan facility for Belgium and Switzerland.

• Cash position at €95.5m at end of Q1 2026, with ongoing bond issuance and bank financing supporting future expansion.

Market trends and outlook

• BEV fleet in operating geographies projected to exceed 30 million by 2030, driving a €10bn fast charging market.

• BEV penetration and sales are rapidly increasing in key markets, with 24% YoY BEV fleet growth and 21% organic sales growth in Q1 2026.

• Fast charging demand expected to accelerate, with high-traffic locations critical for capturing market share.

• Guidance for 2026 includes 70-100 new stations, revenue per station of €350-400k, and operational EBITDA margin of 35-40%.