Solutions 30 (S30) AGM 2026 summary

Opening remarks and agenda

• The AGM agenda included review and approval of annual and consolidated accounts, allocation of results, discharge of board members, board elections, auditor appointments, remuneration reports, and policy updates.

Financial performance review

• Revenue for 2025 was €892.4M, a decrease of 5.4% from the previous year, with adjusted EBITDA at €65.2M (7.3% margin).

• Net loss attributable to the group was €60.7M, impacted by restructuring and strategic refocusing.

• Cash position at year-end was €73.2M, with net bank debt limited to €36.3M.

• Performance varied by geography: robust outside France, but significant contraction in French Connectivity segment.

Board and executive committee updates

• Maria Zesch resigned from the Supervisory Board; Thomas Kremer was re-elected for four years.

• The Supervisory Board held 18 meetings with a 97.5% attendance rate and maintained three specialized committees.

• Board composition remained diverse and fully independent, with 43% women and five nationalities.