Sword Group

Earnings Release • Apr 24, 2025

Press Release Windhof - April 24, 2025

Q1 2025

The definition of alternative performance indicators is provided on pages 16 and 17 of the 2024 French financial

Pending approval at the Annual General

Organic Growth on a like-for-like basis +11.8%

report. English translation in progress.

EBITDA Margin 12.0%

Consolidated Revenue €85.5m

non audited figures

Dividend €2.0 gross per shre Ex-date: April 30, 2025 Record Date: May 2, 2025 Payment: May 5, 2025

Meeting on April 28.

Agenda 28/04/25

24/07/25 Publication of Q2 2025 Revenue

age.

Sword Group

management.

2024 Annual Shareholders Meeting

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Q1 2025 | Sword achieves its Double-Digit Growth Target despite the current Geopolitical Context: +11.8% (i)

(i) on a like-for-like basis

KEY FIGURES

Consolidated revenue for the 1st quarter of 2025 is €85.5m, an increase of +11.8% on a like-for-like basis compared with the first quarter of 2024.

Profitability (EBITDA margin) is 12.0%, or €10.3m.

Q1 2025 ACCOUNTS

Q1 non audited figures
€m	2025	2024	Organic Growth (i)
Revenue	85.5	75.8	+11.8%
EBITDA	10.3	9.1	-
EBITDA Margin	12.0%	12.0%	-

(i) on a like-for-like basis

ANALYSIS

Revenue shows double-digit growth, in line with budget forecasts.

Profitability remains stable, as expected, while a number of ambitious projects are currently under review. Such projects could enable us to outperform over the next few years.

The backlog remains solid and continues to support our expectations.

Our external growth strategy is continuing, with a focus on micro-acquisitions that will strengthen our expertise, particularly in Artificial Intelligence and Cybersecurity.

In this regard, Sword finalised the acquisition of iDelta on 7 April, and several other targets are currently being evaluated.

OUTLOOK

The Group confirms its 2028 Business Plan.

The press release will be published on the web sites here after: GlobeNewswire/Notified and Sword Group. It was also sent to the "Commission de Surveillance du Secteur Financier (CSSF)" and saved on the Luxembourg Stock Exchange's website.

Sword Group - 2, rue d'Arlon L-8399 Windhof - investorrelations@sword-group.lu