Disclosure Devil - Summary

3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 December 2025 The Gateway into German Mittelstand Technology Champions 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 2 Elevating Champions We know Germany. We know Mittelstand. We know Technology. We acquire Champions. 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 3 Acquisitions Value creation Acquisition criteria Sourcing Execution Sustainable profitable growth Long-term growth Reinvestment of cash flows & repayment of debt + Enhancement + Building one of Germany’s leading technology groups Vertical growth International- ization Technology champions in niche markets High margins and cash conversion Long-term growth potential Elevating champions Strategic know-how transfer Access to Brockhaus Technologies network Reinvestment of cash flows Continuous strategic refinement Add-on acquisitions „Cash Compounding Mode“ 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 4 Long-term oriented technology group Ability to fully participate in subsidiaries’growth potential Sustainable and profitable growth through reinvestment of cash flows 2017 Inception of Brockhaus Capital Management 2021 Renaming to Brockhaus Technologies Acquisition Sale 2026+ 4 Add-on Acquisitions Acquisition Acquisition Add-on Acquisition Add-on Acquisition Strategic Investment Successful M&A transactions of recent years 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 IHSE Israel IHSE Asia IHSE HQ IHSE USA IHSE South Korea IHSE China Bikeleasing HQ Bikeleasing Austria kvm-tec Bikeleasing Lesora Brockhaus Technologies 5 Bikeleasing Note: For further information, we refer to the FY 2024 press release announcement dated August 7, 2025. Probonio Ridepanda Germany Frankfurt Businesses €204m Headquarters EBITDA 2024 ~620 Revenue 2024 Employees 2017 Established €65m (32% margin) Brockhaus Technologies at a glance 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 6 Brockhaus Technologies team Supervisory board Subsidiary management Owning ~24% of outstanding BKHT shares Owning <1% of outstanding BKHT shares Owning ~7% of outstanding BKHT shares Exceptional team, incentivized to increase shareholder value = Invested in Brockhaus Technologies Michael Schuster Vice-Chairman Dr. Othmar Belker Chairman Martin Bestmann Member Prof. Dr. Christoph Hütten Member Matthias Memminger Member Dr. Nathalie Krebs Member Bastian Krause Co-CEO Paul Sinizin Co-CEO Othmane Khelil COO Dr. Enno Littmann Chairman Advisory Board Frank Breitenfelder CFO EXECUTIVE COMMITTEE Marco Brockhaus Founder / CEO Management Board Dr. Marcel Wilhelm COO / Legal Counsel Management Board Paul Göhring Acquisitions 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 KPIs by segment (9M 2025) 7 Total cash and cash equivalents of €38 million as per end of September 2025 For detailed explanations please refer to page 4 onwards and page 15 of our quarterly statement 9M 2025. 9M 2025 9M 2024 9M 2025 9M 2024 9M 2025 9M 2024 9M 2025 9M 2024 Revenue 160,297 151,104 21,320 24,235 - - 181,616 175,339 Revenue growth 6.1% (12.0%) - 3.6% Gross Profit 98,471 101,252 17,638 18,012 310 321 116,419 119,585 Gross Profit margin 61.4% 67.0% 82.7% 74.3% 64.1% 68.2% Adjusted EBITDA 50,847 70,620 2,627 3,210 (4,803) (5,815) 48,670 68,015 Adjusted EBITDA margin 31.7% 46.7% 12.3% 13.2% 26.8% 38.8% Adjusted EBIT 47,072 68,266 1,247 1,981 (4,954) (6,028) 43,365 64,219 Adjusted EBIT margin 29.4% 45.2% 5.8% 8.2% 23.9% 36.6% BKHT Group (€ thousand) HR Benefit & Mobility Platform Security Technologies Central Functions and Consolidation 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 8 ▪Bikeleasing is a B2B FinTech providing corporate customers with a leading digital platform for employee benefits ▪The platform enables a highly automated connection between retailers, employees, employers, financing providers and insurers ▪Mainly transaction-based business model with revenue per facilitated leasing object ▪Brockhaus Technologies’ share: 52% Company overview Diversified customer base (selected) €173m Revenue €67m Adj. EBITDA 39% Adj. EBITDA margin ~451 Employees B2B FinTech for employee benefits KPIs FY24 in thousand new leasing objects Exceptional platform performance 16A 17A 18A 19A 20A 21A 22A 23A 24A 151 139 +65% CAGR 81 63 32 15 9 3 118 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 9 Visualization of the business model 1 1 ~81,000 EMPLOYERS BICYCLE RETAILERS ~8,000 FINANCING PROVIDERS & INSURERS Conversion of cash compensation into non-cash compensation Leasing & insurance installments Receives purchase price Receives bike or e-bike ~4,000,000 EMPLOYEES Digital and highly automated connection between all stakeholders Transaction-based business model with revenue per leased item arranged 1. Figures as of October 31, 2025. 1 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 46.1 18.7 2.0 0 5 10 15 20 25 30 35 40 45 50 Total number of employees in Germany Employees with access to corporate bike leasing through their employer Employees already using the opportunity for corporate bike leasing Significant potential in the German market 10 Driving utilization rates Increasing the % of employees within a company using the Bikeleasing solution Market penetration Increasing the number of corporate customers on the Bikeleasing platform 2 1 Strategic focus backed by market data (million) thereof ~11% currently using this opportunity 1 2 41% 11% 1 Source: Deloitte Report, The German bicycle leasing market, June 2025. 1. According to the Federal Statistical Office, the total number of employees in Germany is approx. 46.1 million (2024). 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 Adjusted EBITDA Financials 9M 2025 Revenue Gross Profit Operational update Levers for future growth Expand market penetration by continuously onboarding new corporate customers Focus on long-term growth strategy 11 Continued internationalization Probonio is being offered to the existing Bikeleasing customer base to provide additional employee benefits and continuously expand the offerings Increase usage rates among already onboarded corporate customers (€ million) Note: For definitions and detailed explanations of the alternative performance measures, please refer to page 14 onwards of our quarterly statement 9M 2025. Continuing the growth trajectory driven by a significant increase in revenue from the resale of bikes at the end of the leasing term 151.1 160.3 101.3 98.5 70.6 50.8 9M 2024 9M 2025 Gross margin of ~61% the gross margin of the resale proceeds is significantly lower than that of the segment’s other revenue components Adjusted EBITDA margin of ~32% due to high discounts with reduced resale prices and planned higher personal and other operating expenses 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 12 Transformation from Bikeleasing to an HR Benefit & Mobility Platform Multi-Benefit Platform 12 1. Market estimates based on research by independent consultants. Breadth of product offering Total Addressable Market (TAM) TAM: ~€4 billion1 TAM: ~€6 billion1 TAM: ~€25 billion1 [schematic illustration only] Through the acquisition of Probonio and the launch of Bike2Future, Bikeleasing evolves from a pure-play brokerage platform to a digital HR benefit ecosystem Three synergistic business lines: • Company bike leasing via Bikeleasing.de • Multi-benefit software via Probonio • Used bike platform via Bike2Future Platform approach enables deeper integration with corporate benefit programs and drives long-term client retention, as well as expanding the TAM more than sixfold from ~€4 billion to ~€25 billion 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 13 Building a one-stop-shop for employee benefits ▪Probonio is a Software-as-a-Service (SaaS) provider for the management of a wide range of tax-optimized employee benefits ▪Through their proprietary platform and app, employers can currently offer their employees more than ten different benefits ▪Benefits include inter alia: non-monetary benefits (vouchers), meal subsidies, corporate fitness or integration of providers for bicycle leasing Company overview Software-based multi-benefit platform Strategic rationale 1. Opportunity to offer new customers more benefits than just bike leasing, from a single source 2. After the integration, the expanded benefits portfolio will be offered (upselling) to existing Bikeleasing customers (~81,000 companies; 4.0 million employees) 3. Increasing the penetration within existing customers’ employee base, due to Probonio’s significantly higher usage rate amongst employees compared to Bikeleasing 4. Simplified internationalization, not being limited to bicycle leasing 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 14 Expanded value creation through B2C sales of used bicycles ▪The Bike2Future used bike platform, newly established in 2024, expands the business model by adding a B2C channel for the resale of previously leased bicycles and e-bikes ▪Going forward, customers across Europe can browse and buy from over 1,000 used premium bikes - online or at the Weiterstadt location with more than 2,000 m² of showroom space Founding of Bike2Future Flagship store in Weiterstadt Strategic advantages 1. Bikeleasing expands its value chain by reselling bicycles not only through the B2B channel after lease contracts expire, but also B2C via its own used bike platform, Bike2Future 2. The future objective is to increase the gross margin in the structurally growing returned bike business through targeted optimization of resale value 3. The market for used bicycles is growing, as purchasing well- refurbished former company bikes has proven to be an attractive alternative to buying new ones 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 15 €32m Revenue €3m Adj. EBITDA 9% Adj. EBITDA margin ~158 Employees Technology leader for high performance data transmission Extenders Switches Converters & accessories ▪KVM (keyboard, video and mouse) technology for highly secure and low latency transmission of data in mission-critical applications ▪Strategic acquisition of KVM-over-IP manufacturer kvm-tec establishes IHSE as a one-stop-shop for KVM solutions ▪Cross-sectional technology with customers in Air Traffic, Governments, Healthcare, Transportation, Entertainment, Industrials, Automotive, Finance or Education ▪Brockhaus Technologies’ share: 100% Oberteuringen, HQ Singapore Mumbai Paris Shoham Seoul Cranbury Guangzhou Partners Company locations Global presence directly and through partners Company overview KPIs FY24 Products (selected) 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 Console unit extender Decodes video, audio and data signals and makes these visible to the user Computer unit extender Encodes video, audio and data signals from the source and sends them to the work- station via network cables Video and keyboard Video and input signals are connected with the console unit Video and keyboard Video and input signals are connected with the console unit KVM switch Enables access from every workstation to every computer, where each signal has its own dedicated path with broadband, performance and security always guaranteed IP network switch Enables access from every workstation to every computer via an IP network Console unit IP extender Decodes video, audio and data signals and makes these visible to the user Draco IP bridge Seamlessly links the proprietary IHSE architecture with the IP- based kvm-tec architecture Computer unit IP extender Encodes video, audio and data signals from the source and sends them to the workstation via IP network protocol The perfect addition Proprietary KVM technology enables high-performance and high-security separation of workstations and their respective computers IP-based KVM technology IP-based KVM technology enables real-time-based interconnection and transmission of KVM signals between the workstation and remote computers in a more flexible and cost-efficient manner than proprietary solutions Visualization of the business model 16 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 17 Strong position in the well-protected market for high-performance data transmission Certification and security standards provide access to key end markets that are inaccessible to other players Intellectual property as key success factor in premium KVM market IHSE’s rich history of R&D provides the firm with a significant competitive edge High switching costs High initial set-up costs increase customer stickiness and cross- / upsell potential ▪“Mission-critical” applications ▪Certification requirements ▪Highest reliance / quality requirements ▪Premium pricing ▪Fewer players ▪Standard solutions ▪Low range / volume ▪Commoditized bulk market ▪Lower margin ▪Many players Barriers to entry Market mapping Key security certifications and standards of IHSE Mid- & Low- End Market High Performance End Market National Information Assurance Partnership – NIAP PP4 ▪US security standards required in highest- security projects Common Criteria Evaluation Assurance Level – CC EAL 4+ ▪European security standard required in highest-security projects 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 Revenue Gross Profit Adjusted EBITDA Initial product certifications for the NATO Information Assurance Product Catalogue (NIAPC) Growth in currently under-penetrated end markets (e.g. government, utilities, transportation) Continuous R&D of completely new applications (e.g. control rooms for autonomous driving) Gross profit margin of ~83% significantly above previous year's level (~74%) due to an improved product and customer mix Adjusted EBITDA margin of ~12% due to lower revenue while fixed costs remained largely at the level of the prior- year period IHSE with improved product and customer mix revenue for the reporting period below the prior-year period Continuous development of its technology Financials 9M 2025 Operational update Levers for future growth 18 18 (€ million) Note: For definitions and detailed explanations of the alternative performance measures, please refer to page 14 onwards of our quarterly statement 9M 2025. 24.2 21.3 18.0 17.6 3.2 2.6 9M 2024 9M 2025 Continued market penetration with proprietary, new IP- or hybrid and certified “secure KVM” solutions 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 19 Industry holdings Scalable business model with sustainable Unique Selling Propositions (USPs) Proven management track record High margins and cash conversion Management incentivized through direct equity exposure Technology and innovation champions Strong growth potential Level of innovation Profitability Technology platforms BKHT focus EBITDA: €3–30m EV: €30–300m German Mittelstand as a successful US role model Uniquely positioned with a proven and successful business model 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 BROCKHAUS TECHNOLOGIES AG Thurn-und-Taxis-Platz 6 60313 Frankfurt am Main, Germany Phone: +49 69 20 43 40 90 Fax: +49 69 20 43 40 971 E-Mail: ir@brockhaus-technologies.com Web: www.brockhaus-technologies.com IR Distribution List | Newsletter | Follow us on Executive Board: Marco Brockhaus (Chair), Dr. Marcel Wilhelm Chair of the Supervisory Board: Dr. Othmar Belker Registry Court: Frankfurt am Main Local Court Register Number: HRB 109637 3 48 88 39 83 120 149 172 193 94 108 129 45 45 45 77 77 77 219 219 219 242 242 242 239 125 0 0 140 89 146 208 80 Disclaimer This document is being presented solely for informational purposes and should not be treated as giving investment advice and does not constitute or form part of, and should not be construed as, an offer to buy or subscribe, nor an invitation to submit an offer to buy or subscribe any of Brockhaus Technologies AG’s (“BKHT”) securities. It is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation. All and any evaluations or assessments stated herein represent our personal opinions. We advise you that some of the information is based on statements by third persons, and that no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of this information or opinions contained herein. This presentation contains certain forward-looking statements relating to the business, financial performance and results of BKHT and its (future) subsidiaries (collectively “Brockhaus Technologies") and/ or the industries in which Brockhaus Technologies operates. Forward looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements contained in this presentation, including potential transactions, assumptions, opinions and views of Brockhaus Technologies or cited from third party sources, are solely opinions and forecasts which are uncertain and subject to risks. Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in general economic conditions, in particular economic conditions in the markets in which Brockhaus Technologies operates, changes affecting interest rate levels, changes in competition levels, changes in laws and regulations, environmental damages, the potential impact of legal proceedings and actions and Brockhaus Technologies’ ability to achieve synergies from acquisitions. In general, the further development and impact of the Russian invasion of Ukraine, the conflict in the Middle-East, China’s efforts to decouple itself from the West, domestic and foreign policy uncertainties, high energy costs, the tariff and trade policy of the US administration and other global macroeconomic and geopolitical tensions is uncertain. Brockhaus Technologies does not guarantee that the assumptions underlying the forward-looking statements in this presentation are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or any obligation to update the statements in this presentation to reflect subsequent events. The forward-looking statements in this presentation are made only as of the date hereof. Neither the delivery of this presentation nor any further discussions of Brockhaus Technologies with any of the recipients thereof shall, under any circumstances, create any implication that there has been no change in the affairs of Brockhaus Technologies since such date. Consequently, Brockhaus Technologies does not undertake any obligation to review, update or confirm recipients’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of the presentation. For information on alternative performance measures, please refer to Note 6 of BKHT’s Consolidated Financial Statements for 2024 on page 93 onwards of the Annual Report 2024 and page 14 onwards of our half-year financial report H1 2025. Neither Brockhaus Technologies, nor any of its respective board members, directors, officers, employees, affiliates, agents or advisers nor any other person shall assume any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or the statements contained herein as to unverified third person statements, any statements of future expectations and other forward-looking statements, or the fairness, accuracy, completeness or correctness of statements contained herein, or otherwise arising in connection with this presentation. This presentation is made available on the express understanding that it does not contain all information that may be required to evaluate the purchase of or investment in any securities of BKHT. This presentation is accordingly not intended to form the basis of any investment decision and does not constitute or contain (express or implied) any recommendation to do so.