AUTO1 Group SE

Investor Presentation • May 7, 2025

Q1 2025 Trading Update

7 May 2025

Disclaimer IMPORTANT NOTICE

For the purposes of this notice, "Presentation" means this document, its contents or any part of it. This Presentation does not, and is not intended to, constitute or form part of, and should not be construed as, an offer to sell, or a solicitation of an offer to purchase, subscribe for or otherwise acquire, any part of it form the basis of or be relied upon in connection with or act as any inducement to enter into any contract or commitment or investment decision whatsoever. This Presentation is neither an advertisement nor a prospectus and should not be relied upon in making any investment decision to purchase, subscribe for or otherwise acquire any securities.

• The information and opinions contained in this Presentation are provided as at the date of this Presentation, are subject to change without notice and do not purport to contain all information that may be required to evaluate AUTO1 Group SE. AUTO1 Group SE undertakes no obligation to update or revise this Presentation. No reliance may or should be placed for any purpose whatsoever on the information contained in this Presentation, or any other information discussed verbally, or on its completeness, accuracy or fairness.
• The information in this Presentation is of preliminary and abbreviated nature and may be subject to updating, revision and amendment, and such information may change materially. Neither AUTO1 Group SE nor any of its directors, officers, employees, agents or affiliates undertakes or is under any duty to update this Presentation or to correct any inaccuracies in any such information which may become apparent or to provide any additional information.
• The Presentation and discussion contain forward looking statements, other estimates, opinions and projections with respect to anticipated future performance of AUTO1 Group SE ("forward-looking statements"). By their nature, forward-looking statements involve significant risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Similarly, past performance should not be taken as an indication of future results, and nor representation or warranty, express or implied, is made regarding future performance. The development of AUTO1 Group SE's prospects, growth, strategies, the industry in which it operates, and the effect of acquisitions on AUTO1 Group SE may differ materially from those made in or suggested by the forward-looking statements contained in this Presentation or past performance. In addition, even if the development of AUTO1 Group SEs prospects, growth, strategies and the industry in which it operates are consistent with the forward-looking statements contained in this Presentation or past performance, those developments may not be indicative of AUTO1 Group SE results, liquidity or financial position or of results or developments in subsequent periods not covered by this Presentation. Any forward-looking statements only speak as at the date of this Presentation is provided to the recipient and it is up to the recipient to make its own assessment of the validity of any forward-looking statements and assumptions. No liability whatsoever is accepted by AUTO1 Group SE in respect of the achievement of such forward-looking statements and assumptions.

Highlights

Highlights

AUTO1 Group Turned Strong Demand into Record Results in Q1

Highlights

Our Vertically Integrated Business Model Maximizes Value For Our Customers

Our Merchant Business Delivered Outstanding Results

In Q1 More Dealers Than Ever Purchased From Us

AUTO1 Branch Network Expansion Continued at High Speed

AUTO1 Financing Empowers Our Partners to Grow Their Businesses

PORTFOLIO BALANCE €258M

Retail Update

Retail Update

Autohero Continued Its Record Performance in Q1

Retail Update

Our Express Hubs Drive Faster Deliveries and Boost Convenience

Average delivery time refers to the duration between order verification and the handover to the customer

Our Long Term Goals

Our Long Term Goals

Q1 Was Another Important Step Towards Our Long Term Market Share and Margin Targets

¹ Market share: 2024

² Consolidated Used Car Transactions of following markets: DE, FR, IT, ES, NL, BE, AT, SE, PT, PL, FI, DK, SK, CZ, EE , LT, LV, HR, RO, HU, BG, UA, GR (where AUTO1 Group is present)

3 Source: OC&C, Finaccord, 2019. Used Car Market Size and Dealer Statistic Comprises EU27 and Norway, Switzerland, Ukraine, Albania, Bosnia and Herzegovina, North Macedonia, Republic of Moldova (excluding Bulgaria, Iceland, Cyprus, Malta), European Used Car Market Size incl. B2B and Financing Transactions

Q1 2025 Financial Figures And FY 2025 Guidance

AUTO1 Group Financial Figures Financials

	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q1 YoY
Units Sold	163,766	166,292	176,632	183,083	204,046	24.6%
Revenue (€m)	1,454.3	1,518.2	1,599.4	1,699.9	1,942.9	33.6%
Average Selling Price (€)	8,881	9,130	9,055	9,285	9,522	7.2%
Gross Profit (€m)	162.9	173.3	187.1	201.3	236.4	45.1%
GPU* (€)	993	1,041	1,059	1,096	1,160	16.8%
Opex (€m)	(146.0)	(152.6)	(152.8)	(164.2)	(178.3)	22.1%
o/w Employee Costs pre SDI (€m)	(68.7)	(72.0)	(69.8)	(74.7)	(80.8)	17.6%
o/w Marketing Expenses (€m)	(32.8)	(35.7)	(34.4)	(38.0)	(42.0)	27.8%
o/w Internal Logistics (€m)	(21.8)	(22.0)	(22.8)	(22.1)	(24.7)	13.2%
Adjusted EBITDA (€m)	17.0	20.7	34.3	37.2	58.1	241.9%
Adjusted EBITDA Margin	1.2%	1.4%	2.1%	2.2%	3.0%	1.8 pp

*GPU is not equal to gross profit/number of cars sold because of the effects of inventory changes due to the capitalisation of internal refurbishment costs which are not part of cost of materials. Differences may exist due to rounding

Financials

Q1 Demonstrates Ongoing Strong Operating Leverage

Financials

Our Strong Balance Sheet Enables Continued Investment in Growth

2025 Guidance

Upgraded 2025 Guidance

Unit Guidance	Financial Guidance
Units	EUR 845-905m
735-795k	Gross Profit
Group	Previous: EUR 800-875m
Units 650-700k Merchant
Units	EUR 150-180m
85-95k	Adj. EBITDA
Autohero	Previous: EUR 135-165m

Appendix

AUTO1 Investment Case

Our Investment Case

Long Term Growth Dynamics

Outstanding Growth Trajectory Since Foundation

AUTO1 Sourcing Advantages

Our C2B Products Generate Superior Value For Our Selling Customers

Our Brand Promises

• Hassle free and fast online car appraisal
• Optimal prices based on Pan-European demand aggregation
• Convenient drop-off locations
• Immediate payment to our customers
• Seamless deregistration

90% Of All Cars AI-Priced

Brand Recognition by country

		Trustpilot Score
	DE	4.4
	FR	4.5
	IT	4.4
	ES	4.4
	NL	4.0
	SE	4.5
	BE	4.5
	AT	4.6

Merchant

AUTO1.com is the Most Compelling Sourcing Channel for Our Partners

THE #1 PLATFORM FOR DEALERS

• Superb Selection
• >30,000 Cars in Stock
• Cars Immediately Available
• Uniform quality standards
• Most diverse inventory selection
• Pan-European coverage

• Dedicated sales support
• AI-based Recommendation Tools
• 24/7 Purchasing Experience
• Premium Return Right
• Bidding, Payment and Logistics fully integrated

• competitive prices
• End-to-end Fulfillment
• Delivery across Europe at ● AUTO1 as Single Counterparty
• Effortless Document and Administration Handling

Pay Later

● Convenient and Seamless Merchant Financing for up to 180 days ● Financing solution funds 100% of Buy Now, Purchase Price

Retail

Autohero Strengthens Its Footprint Across Europe By Offering An Outstanding Product To Customers

A TRUSTED BRAND

• Large Multi Brand Selection of Immediately Available Inventory (>16K cars)
• Detailed and Uniform Car Profiles Selection

Convenience

• Highest Transparency Standards backed by In-house Refurbishment
• Standard 1 Year Warranty
• Return Guarantee
• Value-added Services (incl. Premium Warranty, Trade-in, GAP/PPI Insurance, Spare Tires, etc)

• Hassle Free Car Pricing ● Pay on Delivery Option
• Convenient and Integrated Price Consumer Financing

• Convenient pick-up Locations
• Delivery from 48 h for Selected Inventory
• Unique Last-mile Delivery Experience Option

Our Flywheel

Our Flywheel Is In Full Effect And Continues To Drive Future Growth

Merchant: Financials

Segment: Merchant (AUTO1.com)

	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q1 YoY	Q1 QoQ
Units Sold	146,625	148,598	157,582	162,530	182,062	24.2%	12.0%
Revenue (€m)	1,177.9	1,228.2	1,284.2	1,347.5	1,560.5	32.5%	15.8%
Average Selling Price (€)	8,034	8,265	8,150	8,290	8,571	6.7%	3.4%
Gross Profit (€m)	129.1	136.4	144.0	153.1	180.3	39.6%	17.8%
GPU (€)	881	918	914	942	990	12.5%	5.1%

Retail: Financials

	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q1 YoY	Q1 QoQ
Units Sold	17,141	17,694	19,050	20,553	21,984	28.3%	7.0%
Revenue (€m)	276.4	290.0	315.2	352.5	382.4	38.4%	8.5%
Average Selling Price (€)	16,125	16,392	16,545	17,150	17,395	7.9%	1.4%
Gross Profit (€m)	33.8	36.9	43.1	48.2	56.1	65.8%	16.2%
GPU* (€)	1,956	2,077	2,263	2,318	2,569	31.3%	10.8%

Captive Finance

Captive Finance Non-Recourse Funding

Contacts

Investor Relations Contact

Philip Reicherstorfer

Group Treasurer

Maria Shevtsova Head of Investor Relations Address Bergmannstr. 72 10961 Berlin

Tel. +49 170 556 9259

E-Mail ir@auto1-group.com