Dassault Systèmes: Strong Q3 performance with improved FY26 objectives and a step change in Life Sciences

Press Release

VELIZY-VILLACOUBLAY, France — October 28, 2026

Dassault Systèmes: Strong Q3 performance with improved FY26 objectives and a step change in Life Sciences

Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today reports its IFRS unaudited estimated financial results for the third quarter 2026 and nine months ended September 30, 2026. The Group’s Board of Directors approved these estimated results on October 27, 2026. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix.

Summary Highlights¹

(Third quarter 2026 unaudited, non-IFRS, operating cash flow in IFRS,
all growth rates in constant currencies, unless otherwise noted)

Total revenue and software revenue up 5% in 3Q26, at the high end of our objectives, with ARR consistent growth of 6%, underscoring the traction of our recurring business
3DEXPERIENCE software revenue up 25% and cloud software revenue up 14%
Operating margin up 150 bps at 31.6%, and diluted EPS up 8% at €0.32, above our objectives
Operating cash flow up 20% year-to-date, supported by strong cash conversion of 111%, compared to 97% last year
Completion of ArisGlobal acquisition and appointment of Dr. Ashwini Zenooz as Executive Vice President and CEO, Life Sciences & Healthcare
Improving full-year objectives: new revenue range of €6.399 – €6.459 billion, reflecting 4% to 5% growth, from previous range of 3% to 5%. Raising operating margin range to 32.5% – 32.7%, and EPS growth range to 6% – 7%. This includes ArisGlobal contribution.

Dassault Systèmes’ Chief Executive Officer and Chairman of the Board Commentary

Pascal Daloz, Dassault Systèmes’ Chief Executive Officer and Chairman of the Board, commented:

“In the third quarter, we delivered strong execution against our strategic priorities, with broad-based momentum across industries and continued growth across our 3DEXPERIENCE platform and cloud businesses. This performance reflects the strength of our strategy and the growing relevance of our solutions, enabling us to improve our FY2026 objectives while advancing our long-term ambitions.

Industries are undergoing a fundamental transformation: they are becoming AI-native. AI is moving beyond individual features to become integral to how products are designed, tested and brought to life. The next industrial revolution will not be defined by AI alone, but by how intelligence connects the virtual and physical worlds. Through our 3D UNIV+RSES, we bring together science, industrial knowledge and AI to create Industry World Models and Virtual Twins at scale, enabling industries to anticipate outcomes and validate decisions in virtual worlds before acting in the physical world.

In Life Sciences, the completion of the ArisGlobal acquisition marks a major milestone in connecting the journey from molecule to patient and back to science. With Dr. Ashwini Zenooz joining Dassault Systèmes to lead our Life Sciences ambition, we are bringing together capabilities across the product lifecycle to accelerate scientific discovery, advance innovation and ultimately improve patient outcomes.

We will share more at our Capital Markets Day on November 17. We are building the virtual worlds that will enable industries to imagine the future, invent new possibilities and turn them into reality.”

Dassault Systèmes’ Chief Financial Officer Commentary

(operating margin, operating cash flow and diluted EPS (“EPS”) growth rates in constant currencies, data on a non-IFRS basis, operating cash flow in IFRS,
data for the third quarter, unless otherwise noted)

Rouven Bergmann, Dassault Systèmes’ Chief Financial Officer, commented:

“Q3 was a solid quarter on broad-based performance. Revenue grew 5%, at the top of our objectives, and ARR grew 6%, confirming the shift to subscription, cloud and 3DEXPERIENCE. Across our geographies, Asia was excellent, led by China, and Europe was healthy. The Americas executed well, but growth was impacted by a tough year-over-year comparison.

Productivity drove results above our objectives: operating income up 10%, margin up 150 basis points, EPS up 8%. These earnings turned into strong cash generation, with operating cash flow up 20% and cash conversion of 111% both on a year-to-date basis.

By product line, Industrial Innovation delivered solid results driven by 3DEXPERIENCE, and Mainstream Innovation kept its momentum through CENTRIC and SOLIDWORKS. In Life Sciences, we reached two important milestones: MEDIDATA improved sequentially and is on track to deliver growth from Q4 onwards, and we completed the ArisGlobal acquisition in the second half of September.

With improved visibility, we are confident in our full-year objectives. We are narrowing 2026 revenue growth to 4 to 5% and raising our operating margin and EPS objectives. For the fourth quarter, we expect 5 to 8% revenue growth, this includes ArisGlobal, adding 2 points of growth.”

Financial Summary

In millions of Euros, except per share data and percentages	IFRS				IFRS
In millions of Euros, except per share data and percentages	Q3 2026	Q3 2025	Change	Change in constant currencies	YTD 2026	YTD 2025	Change	Change in constant currencies
Total Revenue	1,551.9	1,460.1	6%	5%	4,617.0	4,554.7	1%	4%
Software Revenue	1,393.5	1,313.7	6%	5%	4,169.0	4,119.2	1%	4%
Operating Margin	20.9%	20.7%	+0.3pt		22.3%	18.6%	+3.7pts
Diluted EPS	0.22	0.20	8%		0.66	0.57	16%

In millions of Euros, except per share data and percentages	Non-IFRS				Non-IFRS
In millions of Euros, except per share data and percentages	Q3 2026	Q3 2025	Change	Change in constant currencies	YTD 2026	YTD 2025	Change	Change in constant currencies
Total Revenue	1,551.9	1,461.5	6%	5%	4,617.4	4,557.6	1%	4%
Software Revenue	1,393.5	1,315.1	6%	5%	4,169.5	4,122.1	1%	4%
Operating Margin	31.6%	30.1%	+1.5pts		30.6%	30.1%	+0.5pt
Diluted EPS	0.32	0.29	10%	8%	0.93	0.91	3%	7%

Third Quarter 2026 Versus 2025 Financial Comparisons

(unaudited, IFRS and non-IFRS unless otherwise noted,
all revenue growth rates in constant currencies)

Total Revenue: Total revenue in the third quarter grew 5% to €1.55 billion, and software revenue rose 5% to €1.39 billion. Subscription & support revenue rose 3%; recurring revenue represented 84% of software revenue. Licenses and other software revenue were up 14% to €219 million. Services revenue increased 7% to €158 million.
ARR: In the third quarter, ARR grew 6% year-over-year to reach €4.50 billion on a constant currency basis², reflecting the continued strengthening of our business model.
Software Revenue by Geography: Asia (23% of software revenue) was up 12%, delivering a strong quarter across regions, led by China with double-digit growth. Aerospace and High-Tech showed good momentum. Europe (38% of software revenue) grew 10% in IFRS and 9% in non-IFRS, underscoring a strong quarter despite weakness in Central and Southern Europe. The region saw broad-based performance across industries driven by 3DEXPERIENCE adoption. The Americas (39% of software revenue revenue) decreased 3% on a strong baseline, which masked healthy growth in Home & Lifestyle, High-Tech, and Industrial Equipment. In addition, Life Sciences improved this quarter.
Software Revenue by Product Line:
- Industrial Innovation software revenue was up 5% to €753 million, with solid performance from 3DEXPERIENCE and Cloud, ENOVIA leading the momentum.
- Mainstream Innovation software revenue increased by 8% to €375 million. SOLIDWORKS delivered solid broad-based growth and CENTRIC building momentum with new client wins.
- Life Sciences & Healthcare software revenue was up 1% to €266 million. MEDIDATA delivered flat growth, improving sequentially, with bookings continuing to accelerate ARR growth. This quarter reached a key milestone with the acquisition of ArisGlobal, which was completed in September 2026 and had no material revenue impact.
Software Revenue by Industry: High-Tech, Home & Lifestyle and Industrial Equipment were the main contributors to growth this quarter.
Key Strategic Drivers: 3DEXPERIENCE software revenue increased 25% and represented 46% of 3DEXPERIENCE eligible software revenue, compared to 40% last year. Cloud software revenue grew 14%, representing 28% of software revenue during the period. This performance reflects customers’ increasing focus on transforming their operations and preparing for Industrial AI at scale.
Operating Income and Margin: IFRS operating income increased 8% to €325 million, as reported. Non-IFRS operating income increased 11% to €490 million, as reported, and increased 10% in constant currencies. The IFRS operating margin stood at 20.9% compared to 20.7% last year. The non-IFRS operating margin totaled 31.6%, versus 30.1% in the same period of last year.
Diluted Earnings per Share: IFRS diluted EPS was €0.22, increasing 8% as reported. Non-IFRS diluted EPS grew to €0.32, up 10% as reported and up 8% in constant currencies.

Nine Months Ended 2026 Versus 2025 Financial Comparisons

(unaudited, IFRS and non-IFRS unless otherwise noted,
all revenue growth rates in constant currencies)

Total Revenue: In the first nine months, total revenue grew 4% to €4.62 billion. Software revenue increased 4% to €4.17 billion. Subscription and support revenue rose 3% to €3.48 billion; recurring revenue represented 83% of total software revenue. Licenses and other software revenue increased 7% to €691 million. Services revenue was up 6% to €448 million.
Software Revenue by Geography: The Americas grew by 1%, Europe increased by 5% and Asia was up 8%, representing respectively 39%, 38% and 23% of software revenue.
Software Revenue by Product Line:
- Industrial Innovation software revenue rose 3% to €2.27 billion and represented 54% of software revenue. ENOVIA and 3DEXPERIENCE were among the strongest contributors to growth.
- Life Sciences software revenue decreased 2% to €777 million, representing 19% of software revenue.
- Mainstream Innovation software revenue increased by 10% to €1.12 billion. Mainstream Innovation represented 27% of software revenue.
Software Revenue by Industry: Home & Lifestyle, Industrial Equipment, High-Tech and Transportation & Mobility were among the strongest contributors to growth.
Key Strategic Drivers: 3DEXPERIENCE software revenue increased by 15%, representing 44% of 3DEXPERIENCE eligible software revenue. Cloud software revenue grew 12% in non-IFRS, and represented 27% of software revenue. 3DEXPERIENCE Cloud software revenue increased 46% in constant currencies.
Operating Income and Margin: IFRS operating income was up 22%, to €1.03 billion, as reported. Non-IFRS operating income increased 3% to €1.41 billion, as reported, and increased 7% in constant currencies. IFRS operating margin totaled 22.3% compared to 18.6% for the same period in 2025. Non-IFRS operating margin stood at 30.6% in the first nine months, compared to 30.1% in the same period last year.
Diluted Earnings per Share: IFRS diluted EPS was €0.66, an increase of 16% as reported. Non-IFRS diluted EPS increased 3% to €0.93, as reported, and increased by 7% in constant currencies.
Cash Flow from Operations (IFRS): In the first nine months, cash flow from operations was up 20% in constant currencies to €1.57 billion, compared to €1.30 billion last year. Cash flow from operations was supported by strong cash conversion, and was principally used for the acquisition of ArisGlobal, net of cash acquired of €1.5 billion and dividend payments of €357 million.
Balance Sheet (IFRS): Dassault Systèmes’ net financial position totaled €1.05 billion as of September 30, 2026, including cash and cash equivalents of €3.81 billion in the first nine months.

Financial Objectives for 2026

Dassault Systèmes’ fourth quarter and 2026 financial objectives presented below are given on a non-IFRS basis and reflect the principal 2026 currency exchange rate assumptions for the US dollar and Japanese yen as well as the potential impact from additional non-Euro currencies:


	Q4 2026	FY 2026
Total Revenue (billion)	€1.782 – €1.842	€6.399 – €6.459
Growth	6 – 9%	3 – 4%
Growth ex FX	5 – 8%	4 – 5%

Software revenue growth *	5 – 8%	4 – 5%
Services revenue growth *	8 – 14%	6 – 8%

Operating Margin	37.2% – 37.8%	32.5% – 32.7%

Diluted EPS	€0.42 – €0.43	€1.35 – €1.36
Growth	4 – 8%	3 – 4%
Growth ex FX	3 – 7%	6 – 7%

US dollar	$1.14 per Euro	$1.16 per Euro
Japanese yen (before hedging)	JPY 170.0 per Euro	JPY 180.5 per Euro
* Growth in Constant Currencies

These objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below.

The 2026 non-IFRS financial objectives set forth above do not take into account the following accounting elements below and are estimated based upon the 2026 principal currency exchange rates above: contract liabilities write-downs was not significant; share-based compensation expenses, including related social charges, estimated at approximately €116 million (these estimates do not include any new stock option or share grants issued after September 30, 2026); amortization of acquired intangibles and of tangibles reevaluation, estimated at approximately €343 million, largely impacted by the acquisition of MEDIDATA; and lease incentives of acquired companies at approximately €1 million.

The above objectives also do not include any impact from other operating income and expenses, net principally comprised of acquisition, integration, IT transformation projects and restructuring expenses, and impairment of goodwill and acquired intangible assets; from one-time items included in financial revenue; from one-time tax effects; and from the income tax effects of these non-IFRS adjustments. Finally, these estimates do not include any new acquisitions or restructuring completed after September 30, 2026.

Corporate Announcements

Today’s Webcast and Conference Call Information

Today, Wednesday, October 28, 2026, Dassault Systèmes will host, from London, a webcasted presentation at 9:00 AM London Time / 10:00 AM Paris time, and will then host a conference call at 8:30 AM New York time / 1:30 PM London time / 2:30 PM Paris time. The webcasted presentation and conference calls will be available online by accessing investor.3ds.com.

Additional investor information is available at investor.3ds.com or by calling Dassault Systèmes’ Investor Relations at +33.1.61.62.69.24.

Investor Relations Events

Capital Markets Day: November 17, 2026
Fourth Quarter 2026 Earnings Release: February 3, 2027
First Quarter 2027 Earnings Release: April 28, 2027
Second Quarter 2027 Earnings Release: July 28, 2027

Forward-looking Information

Statements herein that are not historical facts but express expectations or objectives for the future, including but not limited to statements regarding the Group’s non-IFRS financial performance objectives are forward-looking statements. Such forward-looking statements are based on Dassault Systèmes management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results or performances may differ materially from those in such statements due to a range of factors.

The Group’s actual results or performance may be materially negatively affected by numerous risks and uncertainties, as described in the “Risk Factors” section 1.9 of the 2025 Universal Registration Document (‘Document d'enregistrement universel’) filed with the AMF (French Financial Markets Authority) on March 31, 2026, available on the Group’s website www.3ds.com.

In particular, please refer to the risk factor “Uncertain Global Environment” in section 1.9.1.1 of the 2025 Universal Registration Document set out below for ease of reference:

“In light of the uncertainties regarding economic, business, social, health and geopolitical conditions at the global level, Dassault Systèmes’ revenue, net earnings and cash flows may grow more slowly, whether on an annual or quarterly basis, mainly due to the following factors:

the deployment of Dassault Systèmes’ solutions may represent a large portion of a customer’s investments in software technology. Decisions to make such an investment are impacted by the economic environment in which the customers operate. Uncertain global geopolitical, economic and health conditions and the lack of visibility or the lack of financial resources may cause some customers, e.g. within the automotive, aerospace, energy or natural resources industries, to reduce, postpone or cancel their investments, or to reduce or not renew ongoing paid maintenance for their installed base, which impact larger customers’ revenue with their respective sub-contractors;
the geopolitical, economic and monetary situation in certain geographic regions where Dassault Systèmes operates could become more volatile and negatively affect Dassault Systèmes’ business, and in particular its revenue, for example due to stricter export compliance rules, or the implementation of new customs barriers or controls on the exchange of goods and services;
continued inflationary pressure or volatility on raw materials, computer hardware and energy prices could also slow down Dassault Systèmes’ diversification efforts in new industries or negatively affect its financial health; and
the sales cycles of Dassault Systèmes’ products, which are relatively long due to the strategic nature of such investments for customers, could further lengthen.

Tensions, particularly geopolitical, economic, financial or customs tensions, and the occurrence of crises could adversely impact the financial situation or financing and supply capabilities of Dassault Systèmes’ existing and potential customers, commercial and technology partners, some of whom may be forced to temporarily close sites or to cease operations. Certain crises – health and geopolitical crises in particular – could also have consequences both for the health and safety of Dassault Systèmes’ employees and for the Company. A deteriorating economic environment, such as deflationary pressure in Asia, could generate increased price pressure and affect the collection of receivables, which would negatively affect Dassault Systèmes’ revenue, financial performance and market position. Dassault Systèmes makes every effort to take into consideration this uncertain outlook. Dassault Systèmes’ business results, however, may not develop as anticipated. Furthermore, due to factors affecting sales of Dassault Systèmes’ products and services, there may be a substantial time lag between an improvement in global economic and business conditions and an upswing in the Company’s business results.”

In preparing such forward-looking statements, the Group has in particular assumed an average US dollar to euro exchange rate of US$1.14 per €1.00 as well as an average Japanese yen to euro exchange rate of JPY170.0 to €1.00, before hedging for the fourth quarter 2026. The Group has assumed an average US dollar to euro exchange rate of US$1.16 per €1.00 as well as an average Japanese yen to euro exchange rate of JPY180.5 to €1.00, before hedging for the full year 2026. However, currency values fluctuate, and the Group’s results may be significantly affected by changes in exchange rates.

Non-IFRS Financial Information

Readers are cautioned that the supplemental non-IFRS financial information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered in isolation from or as a substitute for IFRS measurements. The supplemental non-IFRS financial information should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with IFRS. Furthermore, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Specific limitations for individual non-IFRS measures are set forth in the Company’s 2025 Universal Registration Document filed with the AMF on March 31, 2026.

In the tables accompanying this press release the Group sets forth its supplemental non-IFRS figures for revenue, operating income, operating margin, net income and diluted earnings per share, which exclude the effect of adjusting the carrying value of acquired companies’ deferred revenue, share-based compensation expense and related social charges, the amortization of acquired intangible assets and of tangibles reevaluation, certain other operating income and expense, net, including impairment of goodwill and acquired intangibles, acquisition, integration, IT transformation projects and restructuring expenses, the effect of adjusting lease incentives of acquired companies, certain one-time items included in financial revenue and other, net, and the income tax effect of the non-IFRS adjustments and certain one-time tax effects. The tables also set forth the most comparable IFRS financial measure and reconciliations of this information with non-IFRS information.

FOR MORE INFORMATION

Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

ABOUT DASSAULT SYSTÈMES

Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. Through the 3DEXPERIENCE platform, AI-powered, science-based virtual twins help 390,000 customers of all sizes, in all industries, collaborate, imagine and create sustainable innovations that drive meaningful impact.
For more information, visit www.3ds.com.

Dassault Systèmes Investor Relations Team FTI Consulting

Marie Dumas : +33 1 61 62 70 92 Cosme Julien-Madoni: +33 1 47 03 68 19

investors@3ds.com Jamie Ricketts : +44 20 3727 1600

Dassault Systèmes Press Contacts

Arnaud Malherbe / Déborah Cobbi

+33 (0)1 61 62 87 73 / 70 83

arnaud.malherbe@3ds.com / deborah.cobbi@3ds.com

© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DVIA, BIOVIA, CATIA, CENTRIC, DELMIA, ENOVIA, GEOVIA, MEDIDATA, OUTSCALE, SIMULIA, SOLIDWORKS, NETVIBES and 3DEXCITE are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versaillecompanies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

APPENDIX TABLE OF CONTENTS

Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.

Glossary of Definitions

Non-IFRS Financial Information

Acquisitions and Foreign Exchange Impact

Condensed consolidated statements of income

Condensed consolidated balance sheet

Condensed consolidated cash flow statement

IFRS – non-IFRS reconciliation

DASSAULT SYSTÈMES – Glossary of Definitions

Information in Constant Currencies

Dassault Systèmes has followed a long-standing policy of measuring its revenue performance and setting its revenue objectives in constant currencies in order to measure in a transparent manner the underlying level of improvement in its total revenue and software revenue by activity, industry, geography and product lines. The Group believes it is helpful to evaluate its growth exclusive of currency impacts, particularly to help understand revenue trends in its business. Therefore, the Group provides percentage increases or decreases in its revenue and expenses (in both IFRS and non-IFRS) to eliminate the effect of changes in currency values, particularly the U.S. dollar and the Japanese yen, relative to the euro. When trend information is expressed “in constant currencies”, the results of the “prior” period have first been recalculated using the average exchange rates of the comparable period in the current year, and then compared with the results of the comparable period in the current year.

While constant currency calculations are not considered to be an IFRS measure, the Group believes these measures are critical to understanding its global revenue results and to compare with many of its competitors who report their financial results in U.S. dollars. Therefore, Dassault Systèmes includes this calculation to compare IFRS and non-IFRS revenue figures for comparable periods. All information at constant currencies is expressed as a rounded percentage and therefore may not precisely reflect the absolute figures.

Information on Growth excluding acquisitions (“organic growth”)

In addition to financial indicators relating to the Group’s entire scope, Dassault Systèmes also provides growth information excluding acquisitions’ effects, and named organic growth. To do so, the Group’s data is restated to exclude acquisitions, from the date of the transaction, over a period of 12 months.

Information on Industrial Sectors

Dassault Systèmes provides end-to-end software solutions and services: its AI native 3D UNIV+RSES – made of multiple virtual twin experiences that are powered by the 3DEXPERIENCE platform – combine artificial intelligence (AI), modeling, simulation, data science, and collaborative innovation to support companies in the three sectors it serves, namely Manufacturing Industries, Life Sciences & Healthcare, and Infrastructure & Cities.

These three sectors comprise twelve industries:

Manufacturing Industries: Transportation & Mobility; Aerospace & Defense; Marine & Offshore; Industrial Equipment; High-Tech; Home & Lifestyle; Consumer Packaged Goods – Retail. In Manufacturing Industries, Dassault Systèmes helps customers virtualize their operations, improve data sharing and collaboration across their organization, reduce costs and time-to-market, and become more sustainable;
Life Sciences & Healthcare: Life Sciences & Healthcare. In this sector, the Group aims to address the entire cycle of the patient’s journey and lead the way toward precision medicine. To reach the broader healthcare ecosystem from research to commercialization, the Group’s solutions connect all elements from molecule development to prevention and care, and combine new therapeutics, medical practices, as well as Medtech;
Infrastructure & Cities: Infrastructure, Energy & Materials; Architecture, Engineering & Construction; Business Services; Cities & Public Services. In this sector, the Group supports the virtualization of infrastructure and cities, making its industries more efficient and sustainable, and creating desirable living environments.

Information on Product Lines

The Group’s financial reporting on product lines includes the following information:

Industrial Innovation software revenue, which includes mainly CATIA, ENOVIA, SIMULIA, DELMIA and GEOVIA brands;
Life Sciences software revenue, which includes MEDIDATA and BIOVIA brands;
Mainstream Innovation software revenue which includes its CENTRIC and 3DVIA brands, as well as the SOLIDWORKS brand and its expanded offerings in design, simulation, PLM, and manufacturing.

OUTSCALE has been a Dassault Systèmes brand since 2022, extending the portfolio of software applications. As the first sovereign and sustainable operator on the cloud, OUTSCALE enables governments and corporations from all sectors to achieve digital autonomy through a Cloud experience and with a world-class cyber governance.

GEOs

Eleven GEOs are responsible for driving the development of the Company’s business and implementing its customer-centric engagement model. Teams leverage strong networks of local customers, users, partners, and influencers.

These GEOs are structured into three groups:

the “Americas” group, made of two GEOs;
the “Europe” group, comprising Europe, Middle East and Africa (EMEA) and made of four GEOs;
the “Asia” group, comprising Asia and Oceania and made of five GEOs.

3DEXPERIENCE Software Contribution

To measure the relative share of 3DEXPERIENCE software in its revenue, Dassault Systèmes calculates the percentage contribution by comparing total 3DEXPERIENCE software revenue to software revenue for all product lines except SOLIDWORKS, MEDIDATA, CENTRIC and other acquisitions (defined as “3DEXPERIENCE eligible software revenue”).

Software revenue

Software license revenue represents fees earned from granting customers licenses to use Dassault Systèmes’ software. It includes license revenue of perpetual and periodic license sales of software products.

Subscription contracts generally have a term of between one and five years, and include on premise software license and support.
Subscription revenue also includes Cloud revenue. Cloud revenue is generated from contracts that provide access to cloud-based solutions (SaaS), infrastructure as a service (IaaS), cloud solution development and cloud managed services.
Subscription revenue is also derived from cloud contracts and hybrid on-premise and cloud contracts. It also includes subscription renewals of on-premise licenses signed with hybrid on-premise and cloud deals.

Support revenue represents periodic fees associated with the sale of unspecified product updates on a when-and-if- available basis and technical support. Support agreements are entered into in connection with the initial software license purchase. Support may be renewed by the customer at the conclusion of each term.

Recurring fees for subscription and support are reported within “Software Revenue”.

Annual Run Rate (ARR)

ARR is the annual value of all active subscription software, SaaS, hosting & support contracts as of the end of the reporting period.

The value of active contracts is annualized by dividing the total active contract value by the contract duration in days (end date minus start date), then multiplying the result by 360 days.
The value of an active contract refers to contract value for which orders have been submitted.
For contracts that include annual values that change over time, we include in ARR only the annual value of components of the contract that are considered active as of the date of the ARR calculation.
A contract or a component of the contract is considered active only between the contractual start and end dates.
For ramp contracts, only the portion where the customer has already submitted an order is included. Future ramped amounts are excluded until they are activated.
For MEDIDATA “Study by Study” contracts that are not contractually renewable, only the contractually committed portion is counted in the Group ARR.
No assumptions are taken regarding future customer renewals or future committed increases.

ARR is composed of 2 elements: subscription annual run rate (SARR) and maintenance annual run rate (MARR).

We believe ARR is a valuable operating measure to assess the health of our recurring business because it is aligned with the amount that we invoice the customer on an annual basis. We generally invoice customers annually for the current year of the active contract.

ARR increases by the annual value of active contracts that commence in a reporting period and decreases by the annual value of contracts that expire in the reporting period.

ARR is not annual recurring revenue, and is therefore not affected by revenue recognition standards, including point in time revenue recognition of on-premise license subscriptions.

Cash conversion

Dassault Systèmes’ ability to convert its operating performance into cash flow (operating cash flow / non-IFRS operating income).

DASSAULT SYSTÈMES

NON-IFRS FINANCIAL INFORMATION

(unaudited; in millions of Euros, except per share data, percentages, headcount and exchange rates)

Non-IFRS key figures exclude the effects of adjusting the carrying value of acquired companies’ contract liabilities (deferred revenue), share-based compensation expense, including related social charges, amortization of acquired intangible assets and of tangible assets revaluation, lease incentives of acquired companies, other operating income and expense, net, including the acquisition, integration, information systems transformation projects and restructuring expenses, and impairment of goodwill and acquired intangible assets, certain one-time items included in financial loss, net, certain one-time tax effects and the income tax effects of these non-IFRS adjustments.

Comparable IFRS financial information and a reconciliation of the IFRS and non-IFRS measures are set forth in the separate tables within this Attachment.

In millions of Euros, except per share data, percentages, headcount and exchange rates	Non-IFRS reported
	Three months ended				Nine months ended
	September 30, 2026	September 30, 2025	Change	Change in constant currencies	September 30, 2026	September 30, 2025	Change	Change in constant currencies
Total Revenue	€ 1,551.9	€ 1,461.5	6%	5%	€ 4,617.4	€ 4,557.6	1%	4%

Revenue breakdown by activity
Software revenue	1,393.5	1,315.1	6%	5%	4,169.5	4,122.1	1%	4%
Of which licenses and other software revenue	219.3	188.8	16%	14%	691.1	662.5	4%	7%
Of which subscription and support revenue	1,174.2	1,126.3	4%	3%	3,478.4	3,459.6	1%	3%
Services revenue	158.4	146.4	8%	7%	447.9	435.6	3%	6%

Software revenue breakdown by product line
Industrial Innovation	753.2	717.1	5%	5%	2,270.7	2,254.9	1%	3%
Life Sciences	265.7	256.6	4%	1%	776.7	817.5	(5)%	(2)%
Mainstream Innovation	374.6	341.3	10%	8%	1,122.1	1,049.7	7%	10%

Software Revenue breakdown by geography
Americas	538.6	542.8	(1)%	(3)%	1,609.4	1,658.9	(3)%	1%
Europe	527.7	479.4	10%	9%	1,595.9	1,527.4	4%	5%
Asia	327.2	292.9	12%	12%	964.3	935.7	3%	8%

Operating income	€ 490.2	€ 439.9	11%		€ 1,413.8	€ 1,372.1	3%
Operating margin	31.6%	30.1%			30.6%	30.1%

Net income attributable to shareholders	€ 427.4	€ 389.6	10%		€ 1,233.7	€ 1,200.7	3%
Diluted earnings per share	€ 0.32	€ 0.29	10%	8%	€ 0.93	€ 0.91	3%	7%

Closing headcount	26,999	26,070	4%		26,999	26,070	4%

Average Rate USD per Euro	1.15	1.17	(2)%		1.16	1.12	4%
Average Rate JPY per Euro	183.25	172.29	6%		184.04	165.63	11%

DASSAULT SYSTÈMES

ACQUISITIONS AND FOREIGN EXCHANGE IMPACT

(unaudited; in millions of Euros)

In millions of Euros	Non-IFRS reported			o/w growth at constant rate and scope	o/w change of scope impact at current year rate	o/w FX impact on previous year figures
In millions of Euros	September 30, 2026	September 30, 2025	Change	o/w growth at constant rate and scope	o/w change of scope impact at current year rate	o/w FX impact on previous year figures
Revenue QTD	1,551.9	1,461.5	90.5	69.5	5.7	15.3
Revenue YTD	4,617.4	4,557.6	59.8	171.9	6.3	(118.4)

DASSAULT SYSTÈMES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(unaudited; in millions of Euros, except per share data and percentages)

In millions of Euros, except per share data and percentages	IFRS reported
	Three months ended		Nine months ended
	September 30,	September 30,	September 30,	September 30,
	2026	2025	2026	2025
Licenses and other software revenue	219.3	188.8	691.1	662.5
Subscription and Support revenue	1,174.2	1,125.0	3,477.9	3,456.7
Software revenue	1,393.5	1,313.7	4,169.0	4,119.2
Services revenue	158.4	146.4	447.9	435.6
Total Revenue	€ 1,551.9	€ 1,460.1	€ 4,617.0	€ 4,554.7
Cost of software revenue ⁽¹⁾	(122.2)	(118.4)	(343.5)	(367.7)
Cost of services revenue	(132.4)	(118.6)	(399.8)	(394.2)
Research and development expenses	(328.0)	(314.3)	(979.9)	(1,011.7)
Marketing and sales expenses	(407.7)	(398.7)	(1,245.7)	(1,293.1)
General and administrative expenses	(113.9)	(111.6)	(317.1)	(355.8)
Amortization of acquired intangible assets and of tangible assets revaluation	(82.6)	(83.5)	(243.2)	(257.2)
Other operating income and expense, net	(40.2)	(13.0)	(56.9)	(26.8)
Total Operating Expenses	(1,226.9)	(1,158.0)	(3,586.1)	(3,706.5)
Operating Income	€ 325.0	€ 302.1	€ 1,030.9	€ 848.2
Financial income (loss), net	23.1	24.9	69.4	85.1
Income before income taxes	€ 348.1	€ 327.0	€ 1,100.3	€ 933.4
Income tax expense	(57.3)	(54.2)	(197.7)	(182.6)
Net Income	€ 290.8	€ 272.8	€ 902.6	€ 750.8
Non-controlling interest	0.1	2.2	0.1	8.3
Net Income attributable to equity holders of the parent	€ 290.9	€ 275.0	€ 902.7	€ 759.1
Basic earnings per share	0.22	0.21	0.68	0.58
Diluted earnings per share	€ 0.22	€ 0.20	€ 0.66	€ 0.57
Basic weighted average shares outstanding (in millions)	1,324.0	1,320.3	1,321.5	1,316.3
Diluted weighted average shares outstanding (in millions)	1,325.4	1,327.6	1,326.0	1,324.8

⁽¹⁾ Excluding amortization of acquired intangible assets and of tangible assets revaluation.

IFRS reported	Three months ended September 30, 2026		Nine months ended September 30, 2026
IFRS reported	Change ⁽²⁾	Change in constant currencies	Change ⁽²⁾	Change in constant currencies
Total Revenue	6%	5%	1%	4%
Revenue by activity
Software revenue	6%	5%	1%	4%
Services revenue	8%	7%	3%	6%
Software Revenue by product line
Industrial Innovation	5%	5%	1%	3%
Life Sciences	4%	1%	(5)%	(2)%
Mainstream Innovation	10%	8%	7%	10%
Software Revenue by geography
Americas	(1)%	(3)%	(3)%	1%
Europe	10%	10%	5%	5%
Asia	12%	12%	3%	8%

⁽²⁾ Variation compared to the same period in the prior year.

DASSAULT SYSTÈMES

CONDENSED CONSOLIDATED BALANCE SHEET

(unaudited; in millions of Euros)

In millions of Euros	IFRS reported
	September 30,	December 31,
	2026	2025
ASSETS
Cash and cash equivalents	3,814.0	4,125.4
Trade accounts receivable, net	1,772.7	2,168.4
Contract assets	68.3	37.3
Other current assets	463.9	454.4
Total current assets	6,118.9	6,785.5
Property and equipment, net	968.0	944.8
Goodwill and Intangible assets, net	8,662.7	6,868.8
Other non-current assets	510.3	460.4
Total non-current assets	10,141.0	8,274.0
Total Assets	€ 16,259.9	€ 15,059.4
LIABILITIES
Trade accounts payable	305.9	253.0
Contract liabilities	1,557.6	1,536.0
Borrowings, current	652.7	1,449.5
Other current liabilities	937.3	990.9
Total current liabilities	3,453.4	4,229.3
Borrowings, non-current	2,112.4	1,145.8
Other non-current liabilities	1,019.0	886.4
Total non-current liabilities	3,131.3	2,032.2
Non-controlling interests	5.4	5.4
Parent shareholders' equity	9,669.8	8,792.5
Total Liabilities	€ 16,259.9	€ 15,059.4

DASSAULT SYSTÈMES

CONDENSED CONSOLIDATED CASH FLOW STATEMENT

(unaudited; in millions of Euros)

In millions of Euros	IFRS reported
	Three months ended			Nine months ended
	September 30,	September 30,	Change	September 30,	September 30,	Change
	2026	2025	Change	2026	2025	Change
Net income attributable to equity holders of the parent	290.9	275.0	15.9	902.7	759.1	143.7
Non-controlling interest	(0.1)	(2.2)	2.1	(0.1)	(8.3)	8.2
Net income	290.8	272.8	18.0	902.6	750.8	151.8
Depreciation of property and equipment	54.5	49.8	4.7	159.1	148.7	10.4
Amortization of intangible assets	84.0	84.2	(0.2)	246.6	260.0	(13.4)
Adjustments for other non-cash items	4.5	30.8	(26.3)	(0.1)	67.4	(67.5)
Changes in working capital	(103.9)	(251.4)	147.5	258.7	106.6	152.1
Net Cash From Operating Activities	€329.9	€186.2	€143.7	€1,567.0	€1,333.5	€233.4

Additions to property, equipment and intangibles assets	(39.9)	(28.1)	(11.8)	(104.2)	(123.4)	19.2
Payment for acquisition of businesses, net of cash acquired	(1,538.7)	(0.6)	(1,538.2)	(1,552.6)	(203.5)	(1,349.1)
Other	(7.7)	(0.8)	(6.9)	(20.6)	(35.4)	14.8
Net Cash Provided by (Used in) Investing Activities	€(1,586.3)	€(29.4)	€(1,556.9)	€(1,677.4)	€(362.2)	€(1,315.1)

Proceeds from exercise of stock options	1.4	10.1	(8.7)	16.5	39.7	(23.2)
Cash dividends paid	–	(0.0)	0.0	(357.5)	(342.6)	(14.9)
Repurchase and sale of treasury stock	5.1	(111.7)	116.9	(54.7)	(336.6)	281.8
Capital increase	(0.0)	0.0	(0.0)	(0.0)	111.3	(111.3)
Acquisition of non-controlling interests	(4.3)	(217.9)	213.6	(4.3)	(218.0)	213.7
Proceeds from borrowings	317.0	14.1	302.9	1,097.4	95.1	1,002.3
Repayment of borrowings	(900.0)	–	(900.0)	(900.0)	(18.5)	(881.5)
Repayment of lease liabilities	(14.9)	(30.0)	15.1	(75.0)	(75.3)	0.3
Net Cash Provided by (Used in) Financing Activities	€(595.6)	€(335.4)	€(260.3)	€(277.7)	€(744.9)	€467.2

Effect of exchange rate changes on cash and cash equivalents	6.0	4.6	1.4	76.6	(269.3)	345.9

Increase (decrease) in cash and cash equivalents	€(1,846.0)	€(174.0)	€(1,672.0)	€(311.4)	€(42.9)	€(268.6)

Cash and cash equivalents at beginning of period	€5,660.1	€4,083.7		€4,125.4	€3,952.6
Cash and cash equivalents at end of period	€3,814.0	€3,909.7		€3,814.0	€3,909.7

DASSAULT SYSTÈMES
SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
IFRS – NON-IFRS RECONCILIATION
(unaudited; in millions of Euros, except per share data and percentages)

Readers are cautioned that the supplemental non-IFRS information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Group’s Document d’Enregistrement Universel for the year ended December 31, 2025 filed with the AMF on March 31, 2026. To compensate for these limitations, the supplemental non-IFRS financial information should be read not in isolation, but only in conjunction with the Group’s consolidated financial statements prepared in accordance with IFRS.

In millions of Euros, except per share data and percentages	Three months ended September 30,						Change
	2026	Adjustment⁽¹⁾	2026	2025	Adjustment⁽¹⁾	2025	IFRS	Non-IFRS⁽²⁾
	IFRS	Adjustment⁽¹⁾	Non-IFRS	IFRS	Adjustment⁽¹⁾	Non-IFRS	IFRS	Non-IFRS⁽²⁾
Total Revenue	€ 1,551.9	–	€ 1,551.9	€ 1,460.1	€ 1.3	€ 1,461.5	6%	6%
Revenue breakdown by activity
Software revenue	1,393.5	–	1,393.5	1,313.7	1.3	1,315.1	6%	6%
Licenses and other software revenue	219.3	–	219.3	188.8	–	188.8	16%	16%
Subscription and Support revenue	1,174.2	–	1,174.2	1,125.0	1.3	1,126.3	4%	4%
Recurring portion of Software revenue	84%		84%	86%		86%
Services revenue	158.4	–	158.4	146.4	–	146.4	8%	8%
Software Revenue breakdown by product line
Industrial Innovation	753.2	–	753.2	717.1	–	717.1	5%	5%
Life Sciences	265.7	–	265.7	256.6	–	256.6	4%	4%
Mainstream Innovation	374.6	–	374.6	340.0	1.3	341.3	10%	10%
Software Revenue breakdown by geography
Americas	538.6	–	538.6	542.7	–	542.8	(1)%	(1)%
Europe	527.7	–	527.7	478.2	1.2	479.4	10%	10%
Asia	327.2	–	327.2	292.9	0.1	292.9	12%	12%
Total Operating Expenses	€ (1,226.9)	€ 165.2	€ (1,061.7)	€ (1,158.0)	€ 136.5	€ (1,021.6)	6%	4%
Share-based compensation expense and related social charges	(42.2)	42.2	–	(39.6)	39.6	–
Amortization of acquired intangible assets and of tangible assets revaluation	(82.6)	82.6	–	(83.5)	83.5	–
Lease incentives of acquired companies	(0.3)	0.3	–	(0.3)	0.3	–
Other operating income and expense, net	(40.2)	40.2	–	(13.0)	13.0	–
Operating Income	€ 325.0	€ 165.2	€ 490.2	€ 302.1	€ 137.8	€ 439.9	8%	11%
Operating Margin	20.9%		31.6%	20.7%		30.1%
Financial income (loss), net	23.1	1.4	24.5	24.9	0.5	25.4	(8)%	(4)%
Income tax expense	(57.3)	(30.1)	(87.3)	(54.2)	(23.4)	(77.6)	6%	13%
Non-controlling interest	0.1	(0.1)	0.0	2.2	(0.4)	1.8	(96)%	(98)%
Net Income attributable to shareholders	€ 290.9	€ 136.5	€ 427.4	€ 275.0	€ 114.5	€ 389.6	6%	10%
Diluted Earnings Per Share ⁽³⁾	€ 0.22	€ 0.10	€ 0.32	€ 0.20	€ 0.09	€ 0.29	8%	10%

⁽¹⁾ In the reconciliation schedule above, (i) all adjustments to IFRS revenue data reflect the exclusion of the deferred revenue adjustment of acquired companies; (ii) adjustments to IFRS operating expense data reflect the exclusion of the amortization of acquired intangibles assets and of tangible assets revaluation, share-based compensation expense, and related social charges, the effect of adjusting the lease incentives of acquired companies, as detailed below, and other operating income and expense, net including acquisition, integration, information systems transformation projects and restructuring expenses, and impairment of goodwill and acquired intangible assets; (iii) adjustments to IFRS financial income, net reflect the exclusion of certain one-time items, net, and; (iv) all adjustments to IFRS net income data reflect the combined effect of these adjustments, and with respect to net income and diluted net income per share, certain one-time tax effects and the income tax effect of the non-IFRS adjustments.

In millions of Euros, except percentages	Three months ended September 30,								Change
In millions of Euros, except percentages	2026 IFRS	Share-based compensation expense and related social charges	Lease incentives of acquired companies	2026 Non-IFRS	2025 IFRS	Share-based compensation expense and related social charges	Lease incentives of acquired companies	2025 Non-IFRS	IFRS	Non- IFRS
Cost of revenue	(254.5)	1.9	0.1	(252.6)	(236.9)	(1.2)	0.1	(238.0)	7%	6%
Research and development expenses	(328.0)	15.4	0.1	(312.5)	(314.3)	19.6	0.1	(294.6)	4%	6%
Marketing and sales expenses	(407.7)	11.1	0.1	(396.5)	(398.7)	6.8	0.1	(391.8)	2%	1%
General and administrative expenses	(113.9)	13.8	0.0	(100.1)	(111.6)	14.4	0.0	(97.2)	2%	3%
Total		€ 42.2	€ 0.3			€ 39.6	€ 0.3

⁽²⁾The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods. In the event there is non-IFRS adjustment to the relevant measure for only one of the periods under comparison, the non-IFRS increase (decrease) compares the non-IFRS measure to the relevant IFRS measure.
⁽³⁾Based on a weighted average 1,325.4 million diluted shares for Q3 2026 and 1,327.6 million diluted shares for Q3 2025, and, for IFRS only, a diluted net income attributable to the shareholders of € 290.1 million for Q3 2026 (€ 269.5 million for Q3 2025). The Diluted net income attributable to equity holders of the Group corresponds to the Net Income attributable to equity holders of the Group adjusted by the impact of the share-based compensation plans to be settled either in cash or in shares at the option of the Group.

DASSAULT SYSTÈMES
SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
IFRS – NON-IFRS RECONCILIATION
(unaudited; in millions of Euros, except per share data and percentages)

In millions of Euros, except per share data and percentages	Nine months ended September 30,						Change
	2026	Adjustment⁽¹⁾	2026	2025	Adjustment⁽¹⁾	2025	IFRS	Non-IFRS⁽²⁾
	IFRS	Adjustment⁽¹⁾	Non-IFRS	IFRS	Adjustment⁽¹⁾	Non-IFRS	IFRS	Non-IFRS⁽²⁾
Total Revenue	€ 4,617.0	€ 0.5	€ 4,617.4	€ 4,554.7	2.9	€ 4,557.6	1%	1%
Revenue breakdown by activity
Software revenue	4,169.0	0.5	4,169.5	4,119.2	2.9	4,122.1	1%	1%
Licenses and other software revenue	691.1	–	691.1	662.5	–	662.5	4%	4%
Subscription and Support revenue	3,477.9	0.5	3,478.4	3,456.7	2.9	3,459.6	1%	1%
Recurring portion of Software revenue	83%		83%	84%		84%
Services revenue	447.9	–	447.9	435.6	–	435.6	3%	3%
Software Revenue breakdown by product line
Industrial Innovation	2,270.7	–	2,270.7	2,254.9	–	2,254.9	1%	1%
Life Sciences	776.7	–	776.7	817.5	–	817.5	(5)%	(5)%
Mainstream Innovation	1,121.6	0.5	1,122.1	1,046.8	2.9	1,049.7	7%	7%
Software Revenue breakdown by geography
Americas	1,609.3	–	1,609.4	1,658.8	0.1	1,658.9	(3)%	(3)%
Europe	1,595.4	0.4	1,595.9	1,524.8	2.6	1,527.4	5%	4%
Asia	964.3	–	964.3	935.5	0.2	935.7	3%	3%
Total Operating Expenses	€ (3,586.1)	€ 382.5	€ (3,203.6)	€ (3,706.5)	€ 520.9	€ (3,185.6)	(3)%	1%
Share-based compensation expense and related social charges	(81.4)	81.4	–	(235.8)	235.8	–
Amortization of acquired intangible assets and of tangible assets revaluation	(243.2)	243.2	–	(257.2)	257.2	–
Lease incentives of acquired companies	(1.0)	1.0	–	(1.1)	1.1	–
Other operating income and expense, net	(56.9)	56.9	–	(26.8)	26.8	–
Operating Income	€ 1,030.9	€ 382.9	€ 1,413.8	€ 848.2	€ 523.8	€ 1,372.1	22%	3%
Operating Margin	22.3%		30.6%	18.6%		30.1%
Financial income (loss), net	69.4	3.2	72.6	85.1	1.6	86.8	(18)%	(16)%
Income tax expense	(197.7)	(55.1)	(252.7)	(182.6)	(77.8)	(260.4)	8%	(3)%
Non-controlling interest	0.1	(0.1)	0.0	8.3	(6.0)	2.3	(98)%	(98)%
Net Income attributable to shareholders	€ 902.7	€ 330.9	€ 1,233.7	€ 759.1	€ 441.7	€ 1,200.7	19%	3%
Diluted Earnings Per Share ⁽³⁾	€ 0.66	€ 0.27	€ 0.93	€ 0.57	€ 0.33	€ 0.91	16%	3%

In millions of Euros, except percentages	Nine months ended September 30,								Change
In millions of Euros, except percentages	2026 IFRS	Share-based compensation expense and related social charges	Lease incentives of acquired companies	2026 Non-IFRS	2025 IFRS	Share-based compensation expense and related social charges	Lease incentives of acquired companies	2025 Non-IFRS	IFRS	Non- IFRS
Cost of revenue	(743.3)	2.5	0.3	(740.5)	(761.9)	17.6	0.4	(743.9)	(2)%	(0)%
Research and development expenses	(979.9)	34.0	0.4	(945.5)	(1,011.7)	81.0	0.4	(930.3)	(3)%	2%
Marketing and sales expenses	(1,245.7)	22.5	0.2	(1,222.9)	(1,293.1)	71.0	0.3	(1,221.9)	(4)%	0%
General and administrative expenses	(317.1)	22.4	0.1	(294.7)	(355.8)	66.2	0.1	(289.5)	(11)%	2%
Total		€ 81.4	€ 1.0			€ 235.8	€ 1.1

⁽²⁾The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods. In the event there is non-IFRS adjustment to the relevant measure for only one of the periods under comparison, the non-IFRS increase (decrease) compares the non-IFRS measure to the relevant IFRS measure.
⁽³⁾Based on a weighted average 1,326.0 million diluted shares for YTD 2026 and 1,324.8 million diluted shares for YTD 2025, and, for IFRS only, a diluted net income attributable to the shareholders of € 879.7 million for YTD 2026 (€ 759.1 million for YTD 2025). The Diluted net income attributable to equity holders of the Group corresponds to the Net Income attributable to equity holders of the Group adjusted by the impact of the share-based compensation plans to be settled either in cash or in shares at the option of the Group.

1 IFRS figures for 3Q26: Total revenue of €1.55 billion compared to €1.46 billion in 3Q25, operating margin of 20.9% compared to 20.7% last year, and diluted EPS of €0.22 compared to €0.20 last year; IFRS figures for YTD26: Total revenue of €4.62 billion, operating margin of 22.3% compared to 18.6% in 3Q25, and diluted EPS of €0.66 compared to €0.57 last year.

² FY26 Plan foreign exchange rates used for all periods ($1.16 per euro and JPY 180.5 per euro)

Attachment