White Pearl Tech Grp B

I have most of our senior managers who will present and answer your questions. Without further delay, then, I hand over to our CEO, Mr. Marko Marangoni. Please go ahead, Marko.

Thank you, Peter. Welcome to the meeting. I think we can start with the presentation. Okay. First of all, it's important to underline what we finally closed in terms of with the third quarter of 2025. Analyzing and checking the results of the whole year, I think we had a really stunning stunning result in terms of revenue in terms of profitability and then of course also if we consider the value of of the shares we also created I think a nice development in terms of in terms of value so if I have to make a And if you allow me to underline, I would like to underline what we created, what we did in 2025. And the core Q4 is basically just the last, the final part of the year. and quarter by quarter we had good results in terms of revenue and in terms of in terms of profitability so maybe it's not this is the moment to make the final analysis of the year but it's important because it's already visible which kind of result we are expecting in our annual report so As a CEO, I'm really happy about the results we had. I'm happy about the work we did. And this is something that it's because we have a really good, really good team. I mean, in administration, in sales, technical, so in every area, we did all the best. Before to move to the next slide, it's important to say that result that we achieved in terms of revenue is in line of our what we shared with the shareholders in terms of forecasting the planet in the next in the next year so until 2028 we are going in the right direction and we we will do that that also in this year during this year i'm sure that so Maybe we can move to the next slide. Okay, here is an interesting slide for explaining something interesting in terms of growing and development of the different areas. So we are talking about the organic and inorganic area. I think it's interesting to see that in terms of revenue contribution, in terms of growth contribution in the revenue KPI, we had, I think, an interesting contribution coming from especially the inorganic, sorry, in terms of revenue, the organic And inorganic is pretty much a specific rate. So 30% of the revenue is coming from, especially from the organic, and 70% from inorganic. But if we make a comparison in terms of margins, I think it's interesting to see that 60% of the margin is coming from and the profit is coming basically from the organic segment versus 32% of being organic. It's a very clear explanation. Our program and our execution in terms of cross-selling is working really hard in a really good way and is producing really good results in terms of with our customer base. With the inorganic organization where we're still working in order to align their politics, their strategy, their commercial activity with the other remaining groups, we are working in order to move them in the same, having the same results that we have. We're going to be having with our historical base of facilities. So it's true, maybe we can see an interesting analysis in this slide where definitely we are doing a really good business with our customer base. And we are having basically really good results in terms of profit. The inorganic base is producing, yes, is giving us a really good rate contribution in terms of revenue, but it's a little bit under because it's still working in progress in order to move them in the same level we achieved with our current subsidiaries. So it's a work, it's a journey that will improve yearly, every year, month by month, quarter by quarter. So this is another reason because we are planning in 2026, of course, another kind of result. so um let's move to the next uh okay another concept that we introduced in 2025 but i think it's important also to share to share it with you is the is our idea as a platform so we created the platform covering different areas this platform is of course is supporting all uh on the group on the subsidiaries in the group but also is supporting all the um the change the the integration of the new units, the new business units inside our group. What we are doing through our teams like the shared services that we have currently in different countries or through the expertise we can provide through our managers in in sales and compliance and technical is what we are able to do is basically to give and build the condition to different, to have an acceleration and provide the same condition to also the new acquisitions. So White Pearl is mostly dedicated to use our resources, you know, also our IPs, of course, are part of this concept in order to speed up the business, but also in order to make bigger and bigger the new acquisitions and of course have achieved the results that we already consolidated in the original areas where we started with our business. So I think it's an interesting concept. For this reason, we are not directly connected with specific, we are not aiming today to acquire the specific areas. We are mostly interested in order to extend our capability in terms of business with our customers and where we have, for instance, a nice a nice introduction in the territory. But according to our strategy, of course, and as we can see in the next slides, the main purpose is to develop the Nordics and European markets where we consider that it's one of the main target that we have and where we think we will go for the future. So in this slide, there is another indicator, I think it's really nice, and it's the transformation, where we are going. If we make a comparison in the past, we are growing faster, the software and platforms area. And this is basically the area where we have highest margins, but also where we are today, a nice concentration of IPs, such as, for making an example, the most representative product, Nexus Artificial Intelligence. But this is also the place where is concentrated the recurrent revenue. So the fact that we are developing this area, it's something that we need to consider really part of our journey to have a better and consolidated result for the next few years. In the other segments, we are going, we are making slowly, we are basically, we are going a little bit down, but it is because we are really focused in the innovation. in the recurrent revenue, in platforms, and especially in something that is part of our portfolio. So it's part of our portfolio of IPs. So this is what we are doing. If we consider the past, you can easily see that there is an interesting change. Okay, let's move on. Okay. And talking about the distribution, I think this is another point Geographic distribution of the revenue. This is something that is already is still confirming what I'm saying. So as you can see, we are moving faster in the development of the Nordics market and Our consolidation is, of course, our core market is still in the countries where the economy is definitely is giving us a lot of opportunities, such as Africa or Middle East or Asia Pacific or or even in Latin America where we are just at the beginning of the journey but it's pretty much easy to see that we are growing making a comparison with the last year faster in the Nordics and we are not considering also the new acquisitions. So next year will be interesting because this rate will be bigger and of course it will take more and more space in comparison with the original markets where we started. So the plan to, again, the plan to develop the Nordics and European markets is absolutely started, is producing the first results. So we are going there with innovation and and a specific line of business such as the platforms and with a recurrent revenue so everything is as you can see um is is definitely in progress according to our expectation and according to our plan of development okay let's move but i think i think i i made i i i defined that my My presentation about this to provide you a snapshot, a vision about what we did in the last quarter, but we have strong influence related to the fiscal year. So I think now we are able to provide you more details about our figures and the numbers related to Q4 and the 12 months results.

Thank you very much, Marco. With that, I hand over to Shetan Ottam, Group CFO and Hans Hegg, our CEO of WPTG AB, the mother company. So please, I think it's Shetan to start, or...