Alten S.A.

Welcome to the Alten second semester 2025 turnover web conference. Please choose the language channel that you desire to follow the conference. In order to do so, click on the interpreting button. In order to follow the webinar in optimum conditions, please launch it via the Zoom app or your web browser. Do not hesitate to directly ask your questions in the Q&A module or to raise your hand so as to be given the floor at the end of the conference. Please write your first name and last name where intended. so that we can identify who you are. For those of you who join us via audio by dialing the international phone number, this option does not allow you to choose the language you desire. You will thus hear the original without being able to follow the slides. We will not be able to identify you either, which is why we would like you to state your name before you ask your question. If you would like to take part in the Q&A, you can raise your hand by dialing 9 and turn on your microphone by dialing 6. Thank you for your attention. We now give the floor to Mr. Ben-Oriel. good evening everyone thank you for joining our own conference regarding the activity of the first semester of 2025. so our business stabilized and we have macroeconomics perspectives that were more favorable at the at the beginning of the year Thanks to the interest rates, the American election. Unfortunately, these perspectives were changed because of tariff barriers. Many budgets were frozen, including in the industry. The situation is thus similar to the one I described in April, which means an activity that continues to erode slightly, even if a stabilization should happen soon.

During the first semester of 2025, so 2.84 billion compared to last year,

which when it was at 2.1 billion, 3.8% in France and outside of France, it has declined by 3.1%, at 3.5%. Our business is going down by 3.6% with the same scope. We had thought that the decline would be of 5.6%. So it is minus 4.3% in France and 6.2% outside of France. The activity was also penalized by 1.2 business days less than last year. There was an impact estimated.