Nine out of every ten forints is now regular revenue for Gloster

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Gloster Digital Group Public Limited Company ( Company Registration Number: 01-10-143270; Registered Office: 1038 Budapest, Fürdő u. 2.; hereinafter: the Company) hereby provides the following information in accordance with applicable laws, in particular Act CXX of 2001 on the Capital Market (“Tpt.”), Decree 24/2008. (VIII. 15.) PM on the detailed rules of disclosure obligations regarding publicly traded securities, and the General Rules of the Budapest Stock Exchange, hereby informs the Esteemed Investors of the following.

Nine out of every ten forints is now recurring revenue at aGloster — halfway through the transformation, a new CEO, and stable margins

The 2025 figures are impacted by a one-time item of 250 million forints—an impairment loss not associated with cash outflows due to the strong forint.

Budapest, April 28, 2026 – Gloster Digital Group Nyrt. continued the strategic restructuring of its portfolio in 2025, the positive effects of which will boost profitability in the coming years. The reported results for 2025 were impacted by two one-time items: a negative exchange rate effect of approximately HUF 200 million and an impairment loss of HUF 50 million with no cash flow impact.These two one-time items reduced the reported result by a total of approximately HUF 250 million; excluding these effects, the Group’s underlying (adjusted) operating performance is substantially higher than the reported figure.

The Group’s consolidated revenue under IFRS for 2025 was HUF 8,651 million, its EBITDA was HUF 751 million, and its net income was HUF 456 million. The EBITDA margin remained unchanged at 8.7%, the proportion of recurring revenue rose from 78.6% to 91.4%, and the proportion of export revenue increased from 46.1% to 52.5%.

A significant improvement in the quality of the revenue structure

The primary reason for the 16% decline in revenue was the sale of the systems integration business unit in December 2024 (which generated revenue of HUF 1,957 million in 2024). At the same time, the performance of the export-oriented business segments that have become the focus remained stable: foreign revenue declined by only 5%, which is primarily attributable to the aforementioned exchange rate effect rather than a decline in business volume.

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Growing exports and a more stable revenue structure

AGloster’s export-oriented operations continued to strengthen: the proportion of export revenue exceeded 50%, indicating a growing international focus. The revenue structure improved significantly: the proportion of recurring revenue rose to 91.4%, providing the Company with greater predictability and a more stable operational foundation.

Revenue from the Cloud Solutions business unit increased by 35% to HUF 3,612 million (2024: HUF 2,683 million, which includes Systemfarmer’s contribution for the interim period starting August 15, 2024). Recurring revenue accounted for 82.9% of total revenue—subscription-based cloud services and operating agreements provide a stable foundation.

The Digital Solutions business unit reported revenue of HUF 5,039 million (2024: HUF 5,682 million, -11%). The existing contract portfolio remains stable; new orders were held back by a slowdown in temporary projects within the automotive segment of the DACH region. The proportion of recurring revenue within the business unit is 97.5%—primarily from long-term, multi-year development and support contracts in the UK&USA and DACH target markets.

Following the sale completed in December 2024, the System Integration business unit was fully excluded from consolidation as a discontinued operation effective in 2025.

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Strategic decision: Appointment of a new CEO for the dynamic growth phase

The Company has made a strategic decision to provide professional support for its next phase of growth: Péter Csillag has been appointed to the position of Chief Executive Officer (CEO), effective March 25, 2026. Péter Csillag—co-founder of Starschema—joined the Group as a strategic advisor in November 2025 and, following a preparatory period, took over operational leadership; he brings his international scaling experience to accelerate growth. Viktor Szekeres, Chairman of the Board, founder, and majority owner, represents the long-term strategic direction, shareholder value creation, and acquisition strategy—ensuring the Company’s strategic continuity.

Budapest, April 28, 2026

GlosterDigital Group, Inc.

Further information:

Dr. Adrienn Karlovich-Szabó

Investor Relations

karlovich.szabo.adrienn@gloster.hu

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