GreenMobility (GREENM) Guidance summary

Opening remarks and agenda

• Announced record preliminary 2025 results and provided guidance for 2026, with Q&A at the end.

• Preliminary 2025 results show 20% revenue growth and 55% EBITDA growth compared to 2024.

• Full year 2025 report will be published on March 19, 2025.

Guidance on key objectives

• 2026 guidance targets 8%-12% revenue growth and 12%-16% EBITDA growth compared to 2025.

• Financial targets for 2028 include average annual revenue growth of 8%-12% and EBITDA growth of 12%-16%.

• Focus remains on Denmark as the core market due to untapped growth opportunities, with no immediate plans for international expansion.

• Plans to strengthen the balance sheet and consider capital allocation options, including share buy-backs, when solidity exceeds 20%.

• Aims to be a frontrunner in bringing autonomous driving to Denmark.

Market trends and strategic opportunities

• Car sharing is in early adoption, with significant untapped market in urban areas where many families lack cars.

• Population in Copenhagen expected to grow by 4.9% from 2025 to 2030, expanding the potential customer base.

• Legislative changes now allow 17-year-olds to drive, adding approximately 14,000 new potential customers in Copenhagen.

• Dynamic pricing technology, to be deployed in 2026, is projected to increase revenues by 5-15%.

• Partnerships with mobility providers and new revenue streams, including targeting younger drivers and dynamic pricing, are being pursued.