TietoEVRY Oyj

Business and Financial Review • Nov 20, 2025

Inside information: Tietoevry updates its full-year outlook - organic growth -2% to -1% (previous -2% to 0%) and adjusted EBITA 13.3-13.8% (previous 12.7-13.3%)

Inside information: Tietoevry updates its full-year outlook - organic growth -2% to -1% (previous -2% to 0%) and adjusted EBITA 13.3-13.8% (previous 12.7-13.3%)

Tietoevry Corporation INSIDE INFORMATION 20 November 2025 6:00 p.m. EET

Tietoevry's cost optimization programme, targeting EUR 115 million in run-rate

savings by the end of 2026, is progressing well. The contribution to operating

profit in 2025 is higher than anticipated and consequently, the company upgrades

its profitability outlook for the full year. As the year is approaching its end,

the company also narrows down growth outlook.

Revised outlook for 2025:

Tietoevry expects its organic1) growth to be in the range of -2% to -1% (revenue

in 2024: EUR 1 879.5 million). The company estimates its full-year adjusted

operating margin2) (adjusted EBITA3)) to be 13.3-13.8% (12.0% in 2024).

The profitability outlook includes a negative impact of approximately 1.0

percentage points on the adjusted operating margin (EBITA) related to IFRS 5 for

Tech Services divestment. The impact comprises the costs that the company was

not able to allocate to discontinued operations until the divestment closing on

2 September, and transition services income after that date.

Previous outlook for 2025:

Tietoevry expects its organic1) growth to be in the range of -2% to 0% (revenue

in 2024: EUR 1 879.5 million). The company estimates its full-year adjusted

operating margin2) (adjusted EBITA3)) to be 12.7-13.3% (12.0% in 2024).

The profitability outlook includes a negative impact of approximately 1.1

percentage points on the adjusted operating margin (EBITA) related to IFRS 5 for

Tech Services divestment. The impact comprises the costs that the company was

not able to allocate to discontinued operations until the divestment closing on

2 September, and transition services income after that date.

1) Adjusted for currency effects, acquisitions and divestments.

2) Adjustment items include restructuring costs, capital gains/losses,

impairment charges and other items affecting comparability.

3) Profit before interests, taxes and amortization of acquisition-related

intangible assets

For further information, please contact

Tommi Järvenpää, Head of Investor Relations, tel. +358 40 576 0288,

tommi.jarvenpaa (at) tietoevry.com

TIETOEVRY CORPORATION

DISTRIBUTION

NASDAQ Helsinki

NASDAQ Stockholm

Oslo Børs

Principal Media

Tietoevryis a leading software and digital engineering services company with

global market reach and capabilities. We provide customers across different

industries with mission-critical solutions through our specialized software

businesses Tietoevry Care, Tietoevry Banking and Tietoevry Industry, as well as

our digital engineering business Tietoevry Create. Our around 15 000 talented

vertical software, design, cloud and AI experts are dedicated to empowering our

customers to succeed and innovate with latest technology.

Tietoevry's annual revenue is approximately EUR 2 billion. The company's shares

are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo

Børs.www.tietoevry.com (https://www.tietoevry.com/en/)