Sword Group | Q2 2026 Results

Sword Group - 2, rue d’Arlon L-8399 Windhof - investorrelations@sword-group.lu
sword-group.com

Market
Euronext Paris
Compartment B
ISIN Code
FR0004180578
ICB 9530
Software &
Computer Services
Indices
CAC® Small
CAC® Mid & Small
CAC® All-Tradable
EN TECH Leaders

The press release will be published on the web sites hereafter: GlobeNewswire/Notified and Sword Group. It was also sent to the “Commission de Surveillance du Secteur Financier (CSSF)” and saved on the Luxembourg Stock Exchange’s website.

Press Release
Windhof - July 23, 2026

Sword Group | Q2 2026 Results

Consolidated Revenue: €97.0m
Organic Growth (i): +13.7%
Profitability (EBITDA Margin): 12.0%

(i) on a like-for-like basis and at constant exchange rates

H1 2026

Consolidated
Revenue
€187.7m
EBITDA
Margin
12.0%
Organic Growth
on a like-for-like basis and at constant
exchange rates
+13.7%
unaudited figures

KEY FIGURES

The consolidated revenue for the second quarter of 2026 amounted to €97.0 million, representing an increase of 13.7% at constant scope and exchange rates compared with the second quarter of 2025.

Profitability (EBITDA margin) reached 12.0%, corresponding to €11.6 million.

The consolidated revenue for the first half of 2026 amounted to €187.7 million, representing an increase of 12.6% at constant scope and exchange rates compared with the first half of 2025.

Profitability (EBITDA margin) also reached 12.0%, corresponding to €22.6 million.

H1 2026 ACCOUNTS

unaudited figures

On a like‑for‑like basis and at constant exchange rates

ANALYSIS

The performance delivered in the first half of 2026 confirms the Group’s growth momentum, with organic growth of 12.6% and profitability reaching 12.0%, demonstrating Sword’s ability to combine expansion with sustained profitability.

The Group continues to invest across its four areas of expertise: Consulting, Applications, Platforms and Infrastructure ; while leveraging its three strategic competencies: Artificial Intelligence, Cloud and Resilience.

The acquisition of CirrusHQ during the period illustrates the Group’s commitment to strengthening its strategic capabilities through targeted, value-accretive external growth initiatives.

The completion of Pathfinder, the Group’s proprietary AI methodology, now positions Sword as a leading player in supporting organisations through their transformation towards Artificial Intelligence.

Supported by a strong backlog and a robust pipeline of opportunities, Sword enters the second half of the year with confidence.

OUTLOOK

The Group confirms its 2026 full-year objectives, targeting both 12% organic growth and a 12% profitability level. The first-half performance, together with the outlook for the second half of the year and beyond, will be discussed in greater detail during the financial presentation scheduled for September 10👉Register here. [1/3]

Alternative Performance Measures (APMs)

This press release contains Alternative Performance Measures (APMs) used by the Group to monitor its performance. In accordance with ESMA Guidelines (ESMA/2015/1415), a definition, the method of calculation, a reconciliation with the consolidated financial statements and an explanation of their usefulness are provided in the appendix to this document.

For reference, these indicators are also defined on pages 16 and 17 of the 2025 Annual Financial Report (French version; English version currently being translated).

2
Sword Group - 2, rue d’Arlon L-8399 Windhof - investorrelations@sword-group.lu
sword-group.com

Market
Euronext Paris
Compartment B
ISIN Code
FR0004180578
ICB 9530
Software &
Computer Services
Indices
CAC® Small
CAC® Mid & Small
CAC® All-Tradable
EN TECH Leaders

The press release will be published on the web sites here after: GlobeNewswire/Notified and Sword Group. It was also sent to the “Commission de Surveillance du Secteur Financier (CSSF)” and saved on the Luxembourg Stock Exchange’s website.

Appendix | Alternative Performance Measures (APMs)

In accordance with ESMA Guidelines (ESMA/2015/1415), the Group presents below the definitions, calculation methods, links with the financial statements and explanations of the usefulness of the main Alternative Performance Measures (APMs) used in this press release.

The terminology, definitions and calculation methods of these Alternative Performance Measures are applied consistently and on a stable basis over time. They are identical to those used in the Group’s annual and half‑yearly publications.

1. EBITDA

Definition: Recurring operating income before depreciation and amortisation, excluding non‑recurring items. It corresponds to revenue less purchases, personnel expenses, external expenses, provisions and other recurring operating expenses, plus reversals of provisions and recurring operating income.

Methodology: EBITDA is calculated from the consolidated income statement by adding depreciation, amortisation and impairment charges to recurring operating income and by neutralising non‑recurring items.

Link: EBITDA is calculated based on items from the consolidated income statement prepared in accordance with IFRS.

Usefulness: To assess trends in operating performance over the medium term and to measure the Group’s self‑financing capacity.

In the absence of published interim financial statements as of the date of this press release, EBITDA is presented as a management indicator derived from the accounting information currently available. A detailed reconciliation with IFRS measures will be provided in the Half-Year Financial Report to be published on August 30, 2026. The calculation principles remain unchanged from those described in the 2025 Annual Financial Report (pages 16 and 17).

2. Profitability (EBITDA Margin)

Definition: EBITDA / Consolidated revenue.

Methodology: EBITDA margin = EBITDA / consolidated revenue.

Link: The components used to calculate the EBITDA margin (EBITDA and consolidated revenue) are derived from the consolidated financial statements prepared in accordance with IFRS.

Usefulness: To monitor operating profitability before depreciation and amortisation.

3. Organic growth at constant scope and exchange rates

Definition: Organic growth corresponds to the change in the Group’s revenue excluding scope effects and exchange rate effects. Revenue from acquired or divested companies is excluded, and exchange rate variations are neutralised. This indicator is an Alternative Performance Measure not directly derived from financial statements prepared in accordance with IFRS.

Methodology: The reference scope is that determined as at 31 December 2025. Figures are adjusted to reflect this scope. Exchange rate effects are neutralised using average exchange rates for the comparative period. Revenue from entities acquired or divested is excluded over the entire compared period to ensure consistent comparability.

Q2 2026
- Consolidated growth: +7.4%
- Exchange rate impact: +0.1%
- Scope impact: +6.2%
- Organic growth: +13.7%

Link: Calculated based on the Group’s consolidated revenue prepared in accordance with IFRS.

Usefulness: To measure the Group’s genuine internal growth, independently of external growth transactions and exchange rate fluctuations.
[2/3]

H1 2026
Consolidated
Revenue
€187.7m
EBITDA
Margin
12.0%
Organic Growth
on a like-for-like basis at constant
exchange rates
+12.6%
unaudited figures

Sword Group

Sword has 3,900+ IT/Digital specialists active in 50+ countries to accompany you in the growth of your organisation in the digital age.

As a leader in technological and digital transformation, Sword has a solid reputation in complex IT & business project management.

Sword optimises your processes and enhances your data.

Press Release
Windhof - July 23, 2026

Agenda

10/09/26
Half-Year Results Presentation Meeting
10am, Lyon + Visioconference
👉Registration

22/10/26
Publication of
Q3 2026 Revenue

H1 2026
- Consolidated growth: +6.8%
- Exhange rate impact: +0.3%
- Scope impact: +5.5%
- Organic growth: +12.6%

3
Sword Group - 2, rue d’Arlon L-8399 Windhof - investorrelations@sword-group.lu
sword-group.com

Market
Euronext Paris
Compartment B
ISIN Code
FR0004180578
ICB 9530
Software &
Computer Services
Indices
CAC® Small
CAC® Mid & Small
CAC® All-Tradable
EN TECH Leaders

The press release will be published on the web sites here after: GlobeNewswire/Notified and Sword Group. It was also sent to the “Commission de Surveillance du Secteur Financier (CSSF)” and saved on the Luxembourg Stock Exchange’s website.

Appendix | Alternative Performance Measures (APMs)

4. Backlog or order book

Definition: Forward‑looking operational indicator measuring the Group’s future commercial activity, expressed in number of months of activity coverage. This indicator is an Alternative Performance Measure not directly derived from financial statements prepared in accordance with IFRS.

Methodology: The backlog is calculated by comparing the volume of firm or expected orders not yet recognised as revenue with the budgeted revenue remaining to be achieved for the financial year, after deduction of revenue already realised. It includes: signed orders (weighted at 100%); verbal commitments (weighted at 80%); contracts in the award process with a shortlisted position (weighted at 50%).

Link: Forward‑looking operational indicator, not directly derived from financial statements prepared in accordance with IFRS.

Usefulness: Indicator used to assess the Group’s commercial visibility and the level of coverage of future activity.
[3/3]

H1 2026
Consolidated
Revenue
€187.7m
EBITDA
Margin
12.0%
Organic Growth
on a like-for-like basis at constant
exchange rates
+12.6%
unaudited figures

Sword Group

Sword has 3,900+ IT/Digital specialists active in 50+ countries to accompany you in the growth of your organisation in the digital age.

As a leader in technological and digital transformation, Sword has a solid reputation in complex IT & business project management.

Sword optimises your processes and enhances your data.

Press Release
Windhof - July 23, 2026

Agenda

10/09/26
Half-Year Results Presentation Meeting
10am, Lyon + Visioconference
👉Registration

22/10/26
Publication of
Q3 2026 Revenue