===== SIDA 1 ===== Q1 January–March 2026 INTERIM REPORT A quarter of continued revenue growth and solid margins January–March 2026 • Revenue from continuing operations was EUR 12.3m (9.8), an increase of 26 percent. • Revenue in North America increased by 34 percent to EUR 11.7m (8.8), equivalent to 95 percent (89) of group revenue from continuing operations. • New depositing customers (NDCs) from continuing operations totalled 34,573 (21,918), an increase of 58 percent. • Adjusted EBITDA from continuing operations increased by 191 percent to EUR 2.7m (0.9), corresponding to an adjusted EBITDA margin of 22 percent (9). • EBITDA from continuing operations increased by 318 percent to EUR 2.6m (0.6), equivalent to an EBITDA margin of 21 percent (6). • Earnings per share from continuing operations totalled EUR 0.02 (-0.01) before and EUR 0.02 (-0.01) after dilution. * Continuing operations exclude all divested assets, which are classified as “discontinued operations”. CATENA MEDIA GROUP , CONTINUING OPERATIONS* Jan-Mar 2026 Jan-Mar 2025 Change LTM Jan-Dec 2025 Revenue (EUR ’000) 12,346 9,813 26% 49,131 46,598 Adjusted EBITDA (EUR ’000) 2,684 921 191% 11,701 9,938 Adjusted EBITDA margin (%) 22 9 13pp 24 21 EBITDA (EUR ’000) 2,636 631 318% 12,609 10,604 EBITDA margin (%) 21 6 15pp 26 23 Direct costs (EUR ’000) (3,605) (1,717) 110% (14,283) (12,395) Adjusted personnel expenses (EUR ’000) (4,374) (5,315) -18% (16,449) (17, 3 9 0) Adjusted other operating expenses (EUR ’000) (1,683) (1,912) -12% (7,1 37 ) (7, 3 6 6) Operating cash flow (EUR ’000) 4,357 3,218 - 8,880 7,741 Earnings per share before dilution (EUR) 0.02 (0.01) - (0.07) (0.10) Earnings per share after dilution (EUR) 0.02 (0.01) - (0.07) (0.10) New depositing customers (NDCs) 34,573 21,918 58% 119,165 106,510 ===== SIDA 2 ===== A positive quarter with strong year-on-year growth and healthy margins In Q1, Catena Media reported revenue of EUR 12.3 million, representing growth of 26 percent from the same quarter last year. Adjusted EBITDA increased 191 percent to EUR 2.7m, equal to a margin of 22 per - cent. While revenue was lower than the particularly strong Q4 2025 figure, I am pleased with this perfor - mance. Q1 was a more balanced quarter that sets a more representative baseline for future periods. Viewed in the context of where the business stood 18 months ago, the trajectory is clear: we have returned to growth, diversified our revenue sources, and moved from single-digit EBITDA margins to consistently exceeding 20 percent. Casino solid despite organic search headwinds Casino remains our most important vertical and the area of greatest long-term potential. Revenue of EUR 10.9 million was 43 percent higher than Q1 last year . The quarter-on-quarter decrease was driven primarily by volatility arising from a Google search algorithm update in December . Immediately after this update we saw positive signals, but our rankings subsequently came under pressure. It is worth noting that the algorithm changes have tem - porarily elevated some low-relevance products that provide low user value. We expect Google’s continued quality-focused refinements to correct this over time. Product diversification strategy in focus In Q1, customer relationship management (CRM) con - tinued to grow as a meaningful part of our casino offer - ing. Our primary aim is to engage users and deliver a best-in-class experience that drives loyalty and repeat monetisation. We launched our first CRM product, Play- Perks, on PlayUSA.com in January , and are pleased with the early results. We plan to extend similar loyalty initiatives across other core products during the coming quarters. Social sweepstakes casino grew solidly despite the California ban that took effect on 1 January . We intend to leverage our sizeable loyal customer database in California through adjacent products going forward. Continued progress in subaffiliation Subaffiliation was strongly up year on year but saw a modest quarter-on-quarter revenue decrease that reflected a slow start to the year for our MRKTPLAYS platform. This was partly due to some partners experi - encing the same SEO ranking challenges that affected our own products. Nevertheless, subaffiliation retained a stable share of group revenue and regained positive momentum towards the end of the quarter . Since announcing the launch of our expanded MRKTPLAYS+ initiative early in Q1, we have built a strong pipeline of opportunities that we are currently reviewing. We are putting the right structures in place and expect to begin deploying capital in the near future. Opportunities in prediction markets Sports continues to be a challenging area where we are underperforming. Infrastructure investments in our sports products are ongoing but, as previously commu- nicated, we do not expect a material financial impact in the short term. Looking ahead, prediction markets represent arguably the most significant growth opportunity in the sports space. We have agreements in place with the leading operators and are actively building relevant content for users. Average cost-per-acquisition rates remain rela - tively low compared to sports betting. We expect these to increase as the market matures, competition grows and operators develop a deeper understanding of user value. A further structural advantage is that while approx - imately 52 percent of US adults have access to regulated sports betting markets, prediction markets are generally accessible nationwide. We believe this presents the most meaningful growth opportunity in online sports affiliation today . Structural simplification nears completion Following the efficiency measures implemented last year , we have decided to close and liquidate Catena Media entities in several geographic markets. This will reduce administrative and organisational complexity without any expected impact on headcount or costs. When this is complete, the group will have transitioned from 13 entities in 2020 to five, all based in Malta or the US. Outlook for Q2 and beyond In Q1 we began making provisions towards the 2026 staff bonus programme, reflecting our confidence in the operating strategy and our teams’ continued efforts. Normalising for this provision versus Q1 2025, personnel expenses decreased by 36%. For Q2 and the remainder of 2026, we remain optimistic that the busi - ness is heading in the right direction. In terms of market developments, the opening of Alber- ta as a regulated market on 13 July represents a signifi- cant opportunity . We intend to capitalise on this through our core brands and the MRKTPLAYS subaffiliation network. Alberta is a joint casino and sports launch with the added advantage that surrounding provinces are unregulated, which creates additional scope for mean - ingful customer acquisition. I would like to thank our teams for their continued focus and commitment, and our shareholders for their ongoing support as we execute on our growth strategy . Manuel Stan CEO CEO’S COMMENTS Quarter and period Financial information Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 02 CEO’s comments ===== SIDA 3 ===== Significant events during Q1 2026 On 9 January 2026 the group announced that Stephen Taylor-Matthews would step down as non-executive director , effective 31 January 2026. On 16 January , Catena Media launched MRKTPLAYS+, a strategic evolution of the successful MRKTPLAYS subaffiliation platform. MRKTPLAYS+ will provide additional services and support to partner publish - ers seeking to expand their subaffiliate activities in the iGaming market. Significant events after the period No significant events after the period. Organic search performance Organic search is crucially important in the affiliation industry . We update the market quarterly on our average keyword ranking performance as we consider this infor - mation to be relevant for investors and stakeholders. The average score reflects the top rankings for 100 of the most important keywords across Catena Media’s products. The actual keywords are not disclosed for competitive reasons, and will vary over time depending on strategy . Note that 1 is the best possible score. In Q1, our organic search performance softened as product rankings came under pressure from a Google algorithm update in December 2025. Our teams are working to correct adverse impacts from the update. 03-3112-3109-3006-3003-31 Total average score 1 2 3 4 5 6 7 8 9 10 The graph and the average scores have been adjusted to reflect this update and facilitate meaningful comparison over time. Cost base development Diligent cost management continued through the quarter . The total cost base was EUR 9.7m, up from EUR 8.9m in Q1 last year and down EUR 10.9m from Q4 2025. The year-on-year increase reflected higher direct costs of EUR 3.6m (1.7), driven by further diversification into prof- itable performance marketing channels. Personnel expenses, excluding an accrual for short-term employee incentive programmes, decreased by 36 per - cent to EUR 3.6m (5.3). Adjusting for revenue-driven direct costs and for short-term employee incentive pro - grammes, the cost base was 26 percent lower than in Q1 2025. Excluding items affecting comparability (IACs) SIGNIFICANT EVENTS Q1 26Q4 25Q3 25Q2 25Q1 25Q4 24Q3 24Q2 24Q1 24 Other operating expenses Personnel expenses Short-term incentive programmes Direct costs 4.6 2.4 6.2 3.5 6.7 2.9 1.5 5.9 1.9 1.7 5.3 1.9 2.4 4.0 1.8 1.4 5.1 2.2 14.2 12.1 9.3 8.7 8.9 8.2 3.6 3.6 0.1 1.4 8.7 4.6 3.6 1.7 0.8 3.6 3.1 1.3 1.9 10.9 9.7 TOTAL COSTSTOTAL AVERAGE SCORE Direct costs Other operating expenses Short-term incentive programme Personnel expenses CEO’s comments Financial information Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 03 Quarter and period ===== SIDA 4 ===== OVERVIEW Catena Media’s revenue and adjusted EBITDA are impacted by a range of external fac - tors. These include regulations on sports betting and casino games and seasonal varia - tions in user engagement. Seasonality primarily affects the sports segment, which sees higher activity in conjunction with major league seasons and large events. Considering that 95 percent of group revenue arises in North America, management has concluded that a geographic market breakdown no longer provides meaningful additional insight and has therefore reduced its focus on such reporting. All numbers refer to continuing operations. For a complete breakdown see page 17 . Comparative costs have been reclassified to more accurately reflect segment-level contributions and internal cost allocations. Q1 26Q4 25Q3 25Q2 25Q1 25Q4 24Q3 24Q2 24Q1 24Q4 23 14.5 1.5 1.9 0.7 1.3 1.5 0.9 1.4 2.9 4.7 2.7 16.0 12.8 10.7 10.1 9.8 9.6 11.6 15.6 12.3 10% 12% 5% 13% 15% 9% 14% 25% 30% 22% Hybrid capital securities (HO1) In May 2025, the group announced it would defer interest payments on its HO1 hybrid capital securities until further notice and not redeem these instruments in the near term. The purpose of this decision was to ease Catena Media’s debt burden, allowing the group to create headroom for tech-facing investments necessary to drive the busi - ness forward. The hybrid capital securities are perpetual instruments issued in 2020 and are treated as equity under IFRS. As of 31 March, the hybrid capital securities had a nom - inal value of EUR 43.7m and deferred interest of EUR 4.0m. In July 2025, the interest rate increased to 3-month STIBOR plus 11% – in line with the instrument’s terms. See “Funding” in the “Other” section on page 9 for further information. On 10 April, the group again deferred interest payments on the instruments. Accumulated deferred interest on that date totalled EUR 5.4m. As communicated previously , the group expects to con- tinue deferring interest payments on the hybrid capital se- curities in order to maximise flexibility for effective capital allocation – including creating scope for investments that support strategic opportunities and revenue growth. This position will be kept under regular review . Revenue and adjusted EBITDA development GEOGRAPHIC REVENUE Q1 2026 REVENUE TYPE Q1 2026 North America Rest of World CPA Revenue share Fixed 5% 95% 89% 7% 4% NEW DEPOSITING CUSTOMERS Q1 2026 CPA Revenue share 1% 99% Revenue, EUR m Adjusted EBITDA, EUR m Adjusted EBITDA margin CEO’s comments Financial information Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 04 Quarter and period ===== SIDA 5 ===== SEGMENTS Casino Revenue in the Casino segment increased by 43 percent to EUR 10.9m (7 .6), corresponding to an 88 percent share of group revenue. Adjusted EBITDA increased by 12 percent to EUR 2.2m (2.0), equal to a margin of 21 percent (26). New depositing customers (NDCs) grew by 98 percent. Revenue decreased by 21 percent from Q4 2025, reflect- ing slower activity and lower NDCs across some top-tier brands following a search-engine algorithm update in De- cember 2025. Regulated casino and social sweepstakes casino both showed growth despite the impact of the California ban that took effect on 1 January 2026. Subaffiliation revenue increased strongly year-on-year , though fell back from its Q4 peak. Volatility between quar- ters is to be expected in this fast-developing vertical. Higher revenue from customer relationship management (CRM) partly offset the broader quarter-on-quarter decrease. AMOUNTS IN ’000 (EUR) Jan-Mar 2026 Jan-Mar 2025 Change LTM Jan-Dec 2025 Revenue 10,891 7,616 43% 42,466 39,191 Adjusted EBITDA* 2,244 2,008 12% 9,180 8,944 Adjusted EBITDA margin (%)* 21 26 -5pp 22 23 NDCs 28,256 14,284 98% 96,881 82,909 Q1 26Q4 25Q3 25Q2 25Q1 25Q4 24 9.9 13.9 10.9 7. 6 7. 6 7. 8 REVENUE CASINO EUR m CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 05 DefinitionsParent companyFinancial informationQuarter and periodCEO’s comments ===== SIDA 6 ===== SEGMENTS Sports The Sports segment reported a 34 percent decrease in revenue to EUR 1.5m (2.2), equal to a 12 percent share of group revenue. Adjusted EBITDA increased by 140 per - cent to EUR 0.4m (-1.1), equal to a margin of 30 percent (-49). New depositing customers (NDCs) decreased by 17 percent. Quarter-on-quarter revenue decreased by 14 percent, reflecting lower average cost-per-acquisition (CPA) rates than in Q4 2025. Sports NDCs increased by 15 percent quarter-on-quarter , driven by higher player interest in the Super Bowl in February and in prediction markets. Operating challenges led to continued underperfor - mance in the segment. As previously communicated, infrastructure investments are ongoing at the top-tier sports products to improve functionality and long-term competitiveness. No immediate financial impact from these investments is expected in the short term. AMOUNTS IN ’000 (EUR) Jan-Mar 2026 Jan-Mar 2025 Change LTM Jan-Dec 2025 Revenue 1,455 2,197 -34% 6,665 7,4 07 Adjusted EBITDA* 440 (1,087) 140% 2,521 994 Adjusted EBITDA margin (%)* 30 -49 79pp 38 13 NDCs 6,317 7,6 3 4 -17% 22,284 23,601 Q1 26Q4 25Q3 25Q2 25Q1 25Q4 24 1.8 1.7 1.5 2.5 2.2 1.7 REVENUE SPORTS EUR m CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 06 DefinitionsParent companyFinancial informationQuarter and periodCEO’s comments ===== SIDA 7 ===== REVENUE Revenue for Q1 2026 was EUR 12.3m (9.8), an increase of 26 percent from Q1 2025. Cost-per-acquisition (CPA) revenue accounted for 89 percent (86) of total revenue, with revenue derived from revenue-sharing arrange - ments contributing 7 percent (12) and fixed-fee revenue 4 percent (2) of total revenue. EARNINGS Adjusted EBITDA increased by 191 percent and totalled EUR 2.7m (0.9), equal to an adjusted EBITDA margin of 22 percent (9). EBITDA totalled EUR 2.6 (0.6), an in - crease of 318 percent. This corresponds to an EBITDA margin of 21 percent (6). Earnings per share (EPS) before dilution were EUR 0.02 (-0.01). EPS after dilution were EUR 0.02 (-0.01). Profit after tax from continuing operations was EUR 1.3m. In the comparative period, loss after tax from continuing operations was EUR 0.6m. LIQUIDITY AND CASH FLOW On 31 March, cash and cash equivalents stood at EUR 13.7m (24.6). Net cash generated from continuing oper - ating activities totalled EUR 4.4m (3.2). EXPENSES Total operating expenses, including items affecting com- parability , totalled EUR 10.6m (10.1). Direct costs increased to EUR 3.6m (1.7) primarily driven by higher activity from subaffiliation. Personnel expenses decreased by 23 percent to EUR 4.4m (5.7). The organisation remains positively impacted by earlier cost-saving initiatives and the shift to a flatter structure. Other operating expenses totalled EUR 1.7m (1.8). The 6 percent decrease was mainly due to lower information technology costs. * All numbers and growth percentages refer to continuing operations. Financial performance (January–March 2026*) FINANCIAL PERFORMANCE CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 07 DefinitionsParent companyFinancial informationQuarter and periodCEO’s comments ===== SIDA 8 ===== OTHER SHARES AND SHARE DATA Earnings per share for Q1 2026 were EUR 0.02 (-0.01) before and EUR 0.02 (-0.01) after dilution. At the end of the period, Catena Media had 78,774,442 outstanding shares. Share capital was EUR 118,161.66, corresponding to EUR 0.0015 per share. On 31 March, the closing price of the Catena Media share was SEK 2.20. EQUITY On 31 March, equity including hybrid capital securities totalled EUR 116.0m (123.3), equivalent to an equity-to-as- sets ratio of 0.96 (0.83). Excluding hybrid capital securities, equity totalled EUR 76.9m (88.2). LARGEST SHAREHOLDERS The 10 largest shareholders of Catena Media plc on 31 March were as follows: 10 LARGEST SHAREHOLDERS AS OF 31 MARCH % Avanza Pension 6.0 Nordic Compound Invest A/S 5.8 Jesper Ribacka 5.0 Andre Lavold 4.8 Nordnet Pension Insurance 4.0 Catena Media plc 4.0 Second Swedish National Pension Fund 2.9 Martin Zetterlund 2.5 Investment AB Öresund 2.4 Hakan Sürer 1.6 Total, 10 largest shareholders 39.0 Other shareholders 61.0 Total 100.0 STRATEGIC PRIORITIES GOING FORWARD • Embed a new operating model that enables a clearer focus on priority products and optimises them to drive growth while promoting operational alignment. • Develop and drive key products forward to create a solid platform for sustainable revenue growth over time. • Diversify revenue streams by building first-party customer data, subaffiliation capability and a richer product-user experience to deliver additional value to users and operator partners. • Maintain a close focus on financial health and use the proceeds from prior divestments to enable continued debt reduction and effective risk management. FINANCIAL TARGETS #1 Double-digit organic growth in group revenue and adjusted EBITDA for 2026. #2 Net interest-bearing debt to adjusted EBITDA ratio of 0-1.75. FUNDING At the end of the period, Catena Media’s funds comprised the hybrid capital securities issued on 10 July 2020 and first redeemable by the company from 10 July 2025. At the end of the period, hybrid capital securities with a nominal value of EUR 43.7m, net of EUR 8.6m issuance costs and deferred interest of EUR 4.0m, were reported in the statement of financial position. For more information, see Note 4 (Hybrid capital securities) to the condensed consolidated financial statements in this report and www . catenamedia.com/investors. In May 2025, the group communicated its intention to suspend interest payments on the hybrid capital secu - rities until further notice and announced that the instru - ment would not be redeemed in the near term. The pur - pose is to ease Catena Media’s financial burden and allow the group to create headroom for tech-facing investments necessary to drive the business forward. PARENT COMPANY Catena Media plc, registration number C70858, is a public company with its head office in Malta. Catena Me- dia plc is the ultimate holding company , established to receive dividend income from the main operating compa- ny , Catena Operations Limited. Catena Media plc is listed on Nasdaq Stockholm’s Small Cap market. The shares are traded under the ticker CTM and with the ISIN code MT0001000109. No dividend income arose in Q1 2026 or Q1 2025. Q1 2026 resulted in an operating loss of EUR 0.1m and a loss after tax of EUR 0.4m. The comparative quarter resulted in an operating profit of 1.3m and a profit after tax of 1.2m. Interest payable on borrowings was EUR 0.3m (0.8). The parent company’s cash and cash equivalents were EUR 0.4m (1.5). Liabilities totalled EUR 90.4m (88.6). Equity was EUR 104.7m (123.2). On 31 March, the parent company’s current liabilities ex- ceeded current assets by EUR 61.4m. Liabilities of EUR 61.8m exist in respect of the parent company’s related undertakings, mainly to its subsidiary Catena Operations Limited. The directors confirm that no amounts will be requested and believe that it remains appropriate to pre- pare the financial statements on a going-concern basis. SIGNIFICANT RISKS AND UNCERTAINTIES Catena Media’s risk management aims to execute the business strategy while maintaining a high level of risk awareness and control. The group is, in particular , ex - posed to compliance risks related to the online gambling industry . The SEO-based nature of the business routinely exposes the company to the risk of revenue volatility in conjunction with search-engine algorithm updates and other external factors. Risks are managed on a strate - gic, operational and financial level. Comprehensive risk disclosures and management approach are available in the 2025 annual report on pages 41-45 and 60-62. There were no significant changes to any of the risks disclosed in the annual report. See critical accounting estimates in Note 1 of this report for more information on the group’s cash-generating units and impairment assessments. SEASONALITY A significant portion of Catena Media’s sports betting business is subject to the seasonal openings and clo - sures of the major sports leagues in North America. These calendar-related shifts are associated with changeability in the group’s quarterly performance, with revenues typi- cally being higher in the first and fourth quarters. Fluctua- tions in quarterly results are also reflective of state market launches in North America. CEO’s comments Financial information Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 08 Quarter and period ===== SIDA 9 ===== OTHER SUSTAINABILITY Sustainability is a strategic imperative for Catena Me - dia. The group is a digital platform with a relatively small environmental footprint and therefore focuses its efforts on social responsibility and governance. The company works constantly to improve governance and to make its operations more sustainable, emphasising business ethics, corporate governance and transparency . Socially , the group stands for equality , ethical conduct and diversity at all levels. Catena Media’s sector leader - ship in corporate social responsibility is reflected in a commitment to fair and equitable gaming. A more detailed description of the sustainability strategy can be found in the 2025 annual report on pages 27-33. EMPLOYEES On 31 March 2026, the group had 160 (213) employees, of whom 58 (71) were women, corresponding to 36 per - cent (33) of the total. All employees were employed on a full-time basis. ANNUAL GENERAL MEETING Catena Media plc will hold its Annual General Meeting on Wednesday , 27 May 2026 at The Westin Dragonara Resort, Dragonara Road, St. Julian’s, Malta. The meet - ing begins at 09:00 CEST (07:00 UTC), with shareholder registration opening at 08:00 CEST. Catena Media’s nomination committee for the 2026 AGM consists of Andreas Jönsson, representing Jesper Ribacka; Andreas Lindberg, representing Andre Lavold; Jakob Have, representing Nordic Compound Invest; and Erik Flinck, Chairman of the Board of Catena Media. PRESENTATION OF REPORT TO INVESTORS AND MEDIA CEO Manuel Stan and CFO Michael Gerrow will present the report in a combined webcast and teleconference on 12 May 2026 at 18:00 CEST. Webcast Via the webcast you are able to ask written questions. If you wish to participate via web - cast, please use the following link: https://catena-media.events.inderes.com/q1-report-2026 Teleconference Via teleconference you are able to ask questions verbally . If you wish to participate in the call, please register using the link below . After registration you will be provided with phone numbers and a conference ID to access the conference: https://events.inderes.com/catena-media/q1-report-2026/dial-in The presentation will be available on the website at www .catenamedia.com/investors/. UPCOMING EVENTS Annual General Meeting 27 May 2026 Interim Report Q2 January–June 2026 11 August 2026 Interim Report Q3 January–September 2026 10 November 2026 This report has not been reviewed or audited by the company’s auditors. Malta, 12 May 2026 Manuel Stan, CEO For further information, please contact Investor Relations ir@catenamedia.com Manuel Stan, CEO manuel.stan@catenamedia.com Michael Gerrow, CFO michael.gerrow@catenamedia.com Registered office Quantum Place, Triq ix-Xatt Ta’ Xbiex, Gzira, GZR 1052, Malta This information is information that Catena Media plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons, on 12 May 2026 at 17:35 CEST. CEO’s comments Financial information Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 09 Quarter and period ===== SIDA 10 ===== KEY METRICS In addition to financial measures defined by IFRS, Catena Media in this report presents some alternative performance measures that are not defined by IFRS. These measures provide valuable add itional informa - tion to investors and management for evalu ating the financial performance and position of Catena Media. These non-IFRS measures, as defined on the last page of the report, will not necessarily be comparable to similarly defined measures in other companies’ reports and should not be considered as substitutes for financial report- ing measures prepared in accordance with IFRS. More infor mation and key ratio calculations can be found at www .catenamedia.com/investors/. Consolidated key data and ratios Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Financial measures defined by IFRS, total Revenue (EUR ‘000) 12,346 9,808 46,593 Earnings per share before dilution (EUR) 0.02 (0.01) (0.10) Earnings per share after dilution (EUR) 0.02 (0.01) (0.10) Weighted average number of outstanding shares at period end before dilution (’000) 75,650 75,650 75,650 Weighted average number of outstanding shares at period end after dilution (’000) 75,650 75,650 75,650 Financial measures defined by IFRS, continuing operations Revenue from continuing operations (EUR ’000) 12,346 9,813 46,598 Earnings per share before dilution from continuing operations (EUR) 0.02 (0.01) (0.10) Earnings per share after dilution from continuing operations (EUR) 0.02 (0.01) (0.10) Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Alternative performance measures EBITDA (EUR ‘000) 2,636 398 10,371 EBITDA margin (%) 21 4 22 EBITDA from continuing operations (EUR ’000) 2,636 631 10,604 EBITDA margin from continuing operations (%) 21 6 23 Adjusted EBITDA (EUR ’000) 2,684 913 9,930 Adjusted EBITDA margin (%) 22 9 21 Adjusted EBITDA from continuing operations (EUR ’000)* 2,684 921 9,938 Adjusted EBITDA margin from continuing operations (%) 22 9 21 New depositing customers from continuing operations 34,573 21,918 106,510 Average shareholders’ equity, last 12 months (EUR ’000) 118,308 144,126 119,743 Equity per share before dilution (EUR) 1.53 1.63 1.51 Equity per share after dilution (EUR) 1.53 1.63 1.51 Employees at period-end 160 213 151 Employees at period-end from continuing operations 160 213 151 *Adjustments for Q1 2025 relate to items affecting comparability (IACs) from continuing operations of EUR 0.3m. IACs for the period ended 31 December 2025 were EUR -0.7m. CEO’s comments Financial information Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 10 Quarter and period ===== SIDA 11 ===== AMOUNTS IN ’000 (EUR) Notes Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Revenue 12,346 9,813 46,598 Total revenue 12,346 9,813 46,598 Direct costs (3,605) (1,717) (12,395) Personnel expenses (4,374) (5,669) (17,9 87 ) Depreciation and amortisation (898) (870) (3,279) Impairment on intangible assets - - (16,500) Gain on disposal of intangible assets - - 1,410 Gain on disposal of investment in subsidiary 5 - 45 Other Income - 52 491 Other operating expenses (1,736) (1,848) (7,5 5 8) Total operating expenses (10,608) (10,052) (55,773) Operating profit/(loss) 1,738 (239) (9,175) Interest payable on borrowings - (469) (823) Other gains on financial liability at fair value through profit or loss - 243 8 Other finance income 79 188 243 Profit/(loss) before tax 1,817 (277) (9,747) Tax (expense)/income (550) (364) 2,489 Profit/(loss) for the period from continuing operations attributable to the equity holders of the parent company 1,267 (641) (7, 2 5 8) Profit/(loss) for the period from discontinued operations - (233) (233) Profit/(loss) for the period 1,267 (874) (7,4 91) AMOUNTS IN ’000 (EUR) Notes Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Other comprehensive income Items that may be reclassified to profit for the period Currency translation differences 371 (445) (1,350) Total other comprehensive income/(loss) for the period 371 (445) (1,350) Total comprehensive income/ (loss) attributable to the equity holders of the parent company 1,638 (1,319) (8,841) Earnings per share for profit/(loss) from continuing operations attributable to the equity holders of the parent company during the period (expressed in euros per share): Basic earnings per share From profit/(loss) for the period 0.02 (0.01) (0.10) Diluted earnings per share From profit/(loss) for the period 0.02 (0.01) (0.10) AMOUNTS IN ’000 (EUR) Notes Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Operating profit/(loss) 1,738 (239) (9,175) Depreciation and amortisation 898 870 3,279 Impairment on intangible assets - - 16,500 EBITDA 2,636 631 10,604 Items affecting comparability in personnel expenses - 354 597 Items affecting comparability in other operating expenses 53 (64) 192 Gain on disposal of intangible assets (5) - (1,410) Gain on disposal of investment in subsidiary - - (45) Adjusted EBITDA 2,684 921 9,938 Condensed consolidated statements of comprehensive income Condensed consolidated income statement measures Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 11 Financial information ===== SIDA 12 ===== Condensed consolidated statements of financial position AMOUNTS IN ’000 (EUR) Notes 31 Mar 2026 31 Mar 2025 31 Dec 2025 ASSETS Non-current assets Right-of-use asset 421 666 377 Other intangible assets 3 90,050 108,306 90,523 Property, plant and equipment 374 600 412 Deferred tax asset 7,0 3 5 2,529 7, 3 6 5 Total non-current assets 97, 8 8 0 112,101 98,677 Current assets Trade and other receivables 9,662 10,178 11,923 Current tax asset - 933 - Cash and cash equivalents 13,654 24,567 9,317 Total current assets 23,316 35,678 21,240 Total assets 121,196 1 47,7 79 119,917 AMOUNTS IN ’000 (EUR) Notes 31 Mar 2026 31 Mar 2025 31 Dec 2025 EQUITY AND LIABILITIES Capital and reserves Share capital 118 118 118 Share premium 134,041 134,041 134,041 Treasury reserve (6,154) (6,154) (6,154) Hybrid capital securities 4 39,068 35,103 37,5 9 2 Other reserves 1,915 10,947 1,544 Accumulated losses (53,010) (50,715) (52,801) Total equity 115,978 123,340 114,340 Liabilities Non-current liabilities Lease liability - 284 29 Total non-current liabilities - 284 29 Current liabilities Borrowings - 21,243 - Trade and other payables 4,310 2,912 5,027 Current tax liabilities 908 - 521 Total current liabilities 5,218 24,155 5,548 Total liabilities 5,218 24,439 5,577 Total equity and liabilities 121,196 1 47,7 79 119,917 The notes on pages 16 to 20 are an integral part of these condensed consolidated financial statements. Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 12 Financial information ===== SIDA 13 ===== Condensed consolidated statements of changes in equity Attributable to owners of the parent company AMOUNTS IN ’000 (EUR) Share capital Share premium Treasur y reserve Hybrid capital securities Other reserves Accumula- ted losses Total equity Balance at 1 January 2026 118 134,041 (6,154) 37,5 92 1,544 (52,801) 114,340 Comprehensive income Profit for the period - - - - - 1,267 1,267 Currency translation differences - - - - 371 - 371 Total comprehensive income for the period - - - - 371 1,267 1,638 Transactions with owners and equity holders Interest payable on hybrid capital securities - - - - - (1,476) (1,476) Deferred interest on hybrid capital securities - - - 1,476 - - 1,476 Total transactions with owners and equity holders - - - 1,476 - (1,476) - Balance at 31 March 2026 118 134,041 (6,154) 39,068 1,915 (53,010) 115,978 Attributable to owners of the parent company AMOUNTS IN ’000 (EUR) Share capital Share premium Treasur y reserve Hybrid capital securities Other reserves Retained earnings Total equity Balance at 1 January 2025 118 134,041 (6,154) 35,103 11,187 (48,723) 125,572 Comprehensive income Loss for the period - - - - - (874) (874) Currency translation differences - - - - (445) - (445) Total comprehensive loss for the period - - - - (445) (874) (1,319) Transactions with owners and equity holders Equity-settled share-based payments - - - - 205 - 205 Interest payable on hybrid capital securities - - - - - (1,118) (1,118) Total transactions with owners and equity holders - - - - 205 (1,118) (913) Balance at 31 March 2025 118 134,041 (6,154) 35,103 10,947 (50,715) 123,340 The notes on pages 16 to 20 are an integral part of these condensed consolidated financial statements. Condensed consolidated statements of changes in equity Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 13 Financial information ===== SIDA 14 ===== Condensed consolidated statements of changes in equity Attributable to owners of the parent company AMOUNTS IN ’000 (EUR) Share capital Share premium Treasur y reserve Hybrid capital securities Other reserves Accumula- ted losses Total equity Balance at 1 January 2025 118 134,041 (6,154) 35,103 11,187 (48,723) 125,572 Comprehensive income Loss for the period - - - - - (7,4 91) (7,4 91) Currency translation differences - - - - (1,350) - (1,350) Total comprehensive loss for the period - - - - (1,350) (7,4 91) (8,841) Transactions with owners and equity holders Issue of capital securities, net of transaction costs - - - (1) - - (1) Equity-settled share-based payments - - - - (186) - (186) Interest payable on hybrid capital securities - - - - - (4,694) (4,694) Deferred interest on hybrid capital securities - - - 2,490 - - 2,490 Transfer between reserves - - - - (8,107) 8,107 - Total transactions with owners and equity holders - - - 2,489 (8,293) 3,413 (2,391) Balance at 31 December 2025 118 134,041 (6,154) 37,5 92 1,544 (52,801) 114,340 Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 14 Financial information ===== SIDA 15 ===== Condensed consolidated statements of cash flows AMOUNTS IN ’000 (EUR) Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Cash flows from operating activities Profit/(loss) before tax 1,817 (510) (9,980) Loss from discontinued operations before tax - 233 233 Adjustments for: Depreciation and amortisation 898 870 3,279 Loss/(gain) on disposal of assets 21 1 (1,398) Gain on disposal of investment in subsidiary (5) - (45) Loss allowances on trade receivables - - (6) Bad debts 19 (8) 17 Impairment on intangible assets - - 16,500 Unrealised exchange differences (25) (36) (71) Interest expense (6) 296 585 Net gains on financial liability and at fair value through profit or loss - (243) (136) Share-based payments - 205 (186) 2,719 808 8,792 Taxation received/(paid) 148 (124) (793) Changes in: Trade and other receivables 2,256 1,712 (3,420) Trade and other payables (766) 822 3,162 Net cash generated from continuing operating activities 4,357 3,218 7,741 Net cash used in operating activities - discontinued operations - (232) (232) Net cash generated from operating activities 4,357 2,986 7,5 0 9 AMOUNTS IN ’000 (EUR) Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Cash flows generated from investing activities Acquisition of investment in subsidiary, net of cash acquired - (411) 517 Proceeds from sale of investment in subsidiaries - 15,000 18,516 Net proceeds/(acquisition) of property, plant and equipment (42) (36) (44) Payments on acquisition of intangible assets (245) (271) (1,211) Receipts on disposal of intangible assets - - 1,630 Net cash (used in)/ generated from investing activities (287) 14,282 19,408 Cash flows used in financing activities Repayments on borrowings - - (21,478) Interest paid - (1,597) (3,020) Lease payments (137) (101) (402) Net cash used in financing activities (137) (1,698) (24,900) Net movement in cash and cash equivalents 3,933 15,570 2,017 Cash and cash equivalents at beginning of period 9,317 8,476 8,476 Cash acquired on acquisition - 928 - Currency translation differences 404 (407) (1,176) Cash and cash equivalents at end of period 13,654 24,567 9,317 The notes on pages 16 to 20 are an integral part of these condensed consolidated financial statements. Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 15 Financial information ===== SIDA 16 ===== Notes to the condensed consolidated financial statements Note 1 Accounting principles This interim report was prepared in accordance with IAS 34 “Interim financial reporting”. It was prepared under the historical cost convention, as modified by the fair valua - tion of financial liabilities measured at fair value through profit or loss. The principal accounting policies applied in the preparation of the group’s condensed consolidated financial statements are consistent with those present - ed in the annual report for the year ended 31 December 2025. CRITICAL ACCOUNTING ESTIMATES CGUs and impairment assessment The group operates through two primary segments, which also represent its two cash-generating units (CGUs) for the purposes of impairment testing in accordance with IAS 36 – Impairment of Assets. No revisions to the impairment assessment were made during Q1 2026, as the results for the final quarter of the year were consistent with and supported the assump - tions and considerations applied during the 2025 impair- ment assessment. Note 2 Segment reporting The group’s operations are reported on the basis of the two operating segments: Casino and Sports. The  seg- ments were identified in accordance with the definition of an operating segment in IFRS 8, Operating Segments. No inter segmental revenues arose during the period. Further ,  total assets and liabilities for each reportable segment are not presented as they are not referred to for monitoring purposes. The following tables show figures for each period present- ed in this report. Since the majority of group revenue arises in North Amer- ica, management has concluded that a geographic mar - ket breakdown no longer provides meaningful additional insight and has therefore reduced its focus on such re - porting. A significant portion of Catena Media’s sports betting business is subject to the seasonal openings and clo - sures of the major sports leagues in North America. These calendar-related shifts are associated with changeability in the group’s quarterly performance, with revenues typi- cally being higher in the first and fourth quarters. Fluctua- tions in quarterly results are also reflective of state market launches in North America. Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 16 Financial information2 3 41 ===== SIDA 17 ===== Jan-Mar 2026 Jan-Mar 2025 AMOUNTS IN ’000 (EUR) Casino Sports Un allocated Total Casino Sports Un allocated Total Revenue 10,891 1,455 - 12,346 7,616 2,197 - 9,813 Total revenue 10,891 1,455 - 12,346 7,616 2,197 - 9,813 Direct costs (3,555) (50) - (3,605) (580) (1,137) - (1,717) Personnel expenses (3,759) (615) - (4,374) (3,862) (1,453) (354) (5,669) Depreciation and amortisation (792) (106) - (898) (675) (195) - (870) Gain on disposal of investment in subsidiary - - 5 5 - - - - Other income - - - - 40 12 - 52 Other operating expenses (1,333) (350) (53) (1,736) (1,206) (706) 64 (1,848) Total operating expenses (9,439) (1,121) (48) (10,608) (6,283) (3,479) (290) (10,052) Operating profit/(loss) 1,452 334 (48) 1,738 1,333 (1,282) (290) (239) Interest payable on borrowings - - - - - - (469) (469) Other gains on financial liability and equity instruments at fair value through profit or loss - - - - - - 243 243 Other finance income - - 79 79 - - 188 188 Profit/(loss) before tax 1,452 334 31 1,817 1,333 (1,282) (328) (277) Tax expense - - (550) (550) - - (364) (364) Profit/(loss) for the period from continuing operations attributable to the equity holders of the parent company 1,452 334 (519) 1,267 1,333 (1,282) (692) (641) Loss for the period from discontinued operations - - - - (177) (56) - (233) Profit/(loss) for the period 1,452 334 (519) 1,267 1,156 (1,338) (692) (874) Other comprehensive income Items that may be reclassified to profit for the period Currency translation differences - - 371 371 - - (445) (445) Total other comprehensive income/(loss) for the period - - 371 371 - - (445) (445) Profit/(loss) for the period – total comprehensive income/( loss) 1,452 334 (148) 1,638 1,156 (1,338) (1,137) (1,319) Adjusted EBITDA 2,244 440 - 2,684 2,008 (1,087) - 921 Adjusted EBITDA margin (%) 21 30 - 22 26 -49 - 9 NDCs 28,256 6,317 - 34,573 14,284 7,6 3 4 - 21,918 Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 17 Financial information1 3 42 ===== SIDA 18 ===== Jan-Dec 2025 AMOUNTS IN ’000 (EUR) Casino Sports Un allocated Total Revenue 39,191 7,4 07 - 46,598 Total revenue 39,191 7,4 07 - 46,598 Direct costs (11,808) (587) - (12,395) Personnel expenses (13,883) (3,507) (597) (17,9 87 ) Depreciation and amortisation (2,737) (542) - (3,279) Impairment on intangible assets (6,000) (10,500) - (16,500) (Loss)/gain on disposal of intangible assets (94) 1,537 (33) 1,410 Gain on disposal of investment in subsidiary - - 45 45 Other income 415 76 - 491 Other operating expenses (4,971) (2,395) (192) (7,5 5 8) Total operating expenses (39,078) (15,918) (777) (55,773) Operating profit/(loss) 113 (8,511) (777) (9,175) Interest payable on borrowings - - (823) (823) Other gains on financial liability and equity instruments at fair value through profit or loss - - 8 8 Other finance income - - 243 243 Profit/(loss) before tax 113 (8,511) (1,349) (9,747) Tax income - - 2,489 2,489 Profit/(loss) for the period from continuing operations attributable to the equity holders of the parent company 113 (8,511) 1,140 (7, 2 5 8) Loss for the period from discontinued operations (177) (56) - (233) Loss for the period (64) (8,567) 1,140 (7,4 91) Other comprehensive income Items that may be reclassified to profit for the period Currency translation differences - - (1,350) (1,350) Total other comprehensive loss for the period - - (1,350) (1,350) Loss for the period – total comprehensive loss (64) (8,567) (210) (8,841) Adjusted EBITDA 8,944 994 - 9,938 Adjusted EBITDA margin (%) 23 13 - 21 NDCs 82,909 23,601 - 106,510 Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 18 Financial information1 3 42 ===== SIDA 19 ===== RESULTS FROM CONTINUING OPERATIONS ARE FURTHER ANAL YSED AS FOLLOWS: Continuing operations North America Rest of World Total Amounts in ’000 (EUR) Jan-Mar 2026 Jan-Mar 2025 Jan-Mar 2026 Jan-Mar 2025 Jan-Mar 2026 Jan-Mar 2025 Total revenue 11,747 8,761 599 1,052 12,346 9,813 Change 34% - -43% - 26% - of which Casino 10,433 7,018 458 598 10,891 7,616 of which Sports 1,314 1,743 141 454 1,455 2,197 Continuing operations North America Rest of World Total Amounts in ’000 (EUR) Jan-Dec 2025 Jan-Dec 2025 Jan-Dec 2025 Total revenue 43,776 2,822 46,598 of which Casino 37, 31 3 1,878 39,191 of which Sports 6,463 944 7,4 07 Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 19 Financial information1 432 ===== SIDA 20 ===== Note 4 Hybrid capital securities At the end of Q1 2026, hybrid capital securities with a  nominal value of EUR 43.7m (43.7), deferred interest of EUR 4.0m (nil) and net of EUR 8.6m (8.6) issuance costs, were reported as equity . Further details are found in the table below . AMOUNTS IN ’000 (EUR) 31 Mar 2026 Hybrid capital securities at nominal amount as of the beginning of the reporting period 43,731 Deferred interest on hybrid capital securities 3,966 Hybrid capital securities at nominal amount, including deferred interest, as of the end of the reporting period 47,6 97 AMOUNTS IN ’000 (EUR) 31 Mar 2026 Hybrid capital securities at nominal amount 47,6 97 Issuance costs Advisory costs, including financial, legal and assurance (2,336) Commission fees to guarantors (6,293) Total issuance costs (8,629) Hybrid capital securities disclosed as of the end of the reporting period 39,068 Note 3 Other intangible assets The group’s acquisitions primarily comprise other components of intellectual property , which include outsourced and internal development and licences. Group AMOUNTS IN ’000 (EUR) Domains and websites Player database Other intellectual property Total Cost at 1 January 2026 231,703 6,404 17,9 4 4 256,051 Additions - - 271 271 Disposals - - (42) (42) Cost at 31 March 2026 231,703 6,404 18,173 256,280 Accumulated amortisation and impairment losses at 1 January 2026 (143,077) (6,404) (16,047) (165,528) Amortisation charge (426) - (304) (730) Amortisation released upon dissolution - - 28 28 At 31 March 2026 (143,503) (6,404) (16,323) (166,230) At 31 March 2026 88,200 - 1,850 90,050 At 31 March 2025 106,157 - 2,149 108,306 Quarter and periodCEO’s comments Parent company Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 20 Financial information1 2 43 ===== SIDA 21 ===== AMOUNTS IN ’000 (EUR) Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Personnel expenses (63) 1,272 1,050 Impairment of investment in subsidiaries - - (15,216) Other operating expenses (19) (23) (89) Other operating income 20 20 78 Total operating expenses (62) 1,269 (14,177) Operating (loss)/profit (62) 1,269 (14,177) Interest payable on borrowings (297) (766) (2,011) Recharge of interest to subsidiary - 469 823 Other gains on financial liability at fair value through profit or loss - 243 8 Other finance (costs)/income (5) 27 (13) (Loss)/profit before tax (364) 1,242 (15,370) Tax expense (1) - - Total comprehensive (loss)/income for the period (365) 1,242 (15,370) Condensed parent company statements of comprehensive income Quarter and periodCEO’s comments Financial information Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 21 Parent company ===== SIDA 22 ===== Condensed parent company statements of financial position AMOUNTS IN ’000 (EUR) 31 Mar 2026 31 Mar 2025 31 Dec 2025 ASSETS Non-current assets Investment in subsidiaries 194,628 210,234 194,628 Current assets Trade and other receivables 59 11 17 Cash and cash equivalents 403 1,544 454 Total current assets 462 1,555 471 Total assets 195,090 211,789 195,099 AMOUNTS IN ’000 (EUR) 31 Mar 2026 31 Mar 2025 31 Dec 2025 EQUITY AND LIABILITIES Capital and reserves Share capital 118 118 118 Share premium 134,572 134,572 134,572 Treasury reserve (6,154) (6,154) (6,154) Hybrid capital securities 39,068 35,103 37,5 9 2 Other reserves 124 8,623 124 Accumulated losses (63,024) (49,102) (61,183) Total equity 104,704 123,160 105,069 Liabilities Non-current liabilities Borrowings 25,000 25,000 25,000 Other payables 3,562 2,375 3,266 Total non-current liabilities 28,562 27, 375 28,266 Current liabilities Borrowings - 21,243 - Trade and other payables 61,824 39,945 61,764 Current tax liabilities - 66 - Total current liabilities 61,824 61,254 61,764 Total liabilities 90,386 88,629 90,030 Total equity and liabilities 195,090 211,789 195,099 Quarter and periodCEO’s comments Financial information Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 22 Parent company ===== SIDA 23 ===== Condensed parent company statements of changes in equity Attributable to owners of the parent company AMOUNTS IN ’000 (EUR) Share capital Share premium Treasur y shares Hybrid capital securities Other reserves Accumula- ted losses Total equity Balance at 1 January 2026 118 134,572 (6,154) 37,5 92 124 (61,183) 105,069 Comprehensive income Loss for the period - - - - - (365) (365) Total comprehensive loss for the period - - - - - (365) (365) Transactions with owners and equity holders Deferred interest on hybrid capital securities - - - 1,476 - - 1,476 Interest payable on hybrid capital securities - - - - - (1,476) (1,476) Total transactions with owners and equity holders - - - 1,476 - (1,476) - Balance at 31 March 2026 118 134,572 (6,154) 39,068 124 (63,024) 104,704 Attributable to owners of the parent company AMOUNTS IN ’000 (EUR) Share capital Share premium Treasur y shares Hybrid capital securities Other reserves Accumula- ted losses Total equity Balance at 1 January 2025 118 134,572 (6,154) 35,103 8,417 (49,226) 122,830 Comprehensive income Profit for the period - - - - - 1,242 1,242 Total comprehensive income for the year - - - - - 1,242 1,242 Transactions with owners and equity holders Equity-settled share-based payments - - - - 206 - 206 Interest payable on hybrid capital securities - - - - - (1,118) (1,118) Total transactions with owners and equity holders - - - - 206 (1,118) (912) Balance at 31 March 2025 118 134,572 (6,154) 35,103 8,623 (49,102) 123,160 Quarter and periodCEO’s comments Financial information Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 23 Parent company ===== SIDA 24 ===== Condensed parent company statements of changes in equity Attributable to owners of the parent company AMOUNTS IN ’000 (EUR) Share capital Share premium Treasur y shares Hybrid capital securities Other reserves Accumula- ted losses Total equity Balance at 1 January 2025 118 134,572 (6,154) 35,103 8,417 (49,226) 122,830 Comprehensive income Loss for the period - - - - - (15,370) (15,370) Total comprehensive loss for the period (15,370) (15,370) Transactions with owners and equity holders Issue of share capital - - - (1) - - (1) Deferred interest on capital securities - - - 2,490 - - 2,490 Interest payable on hybrid capital securities - - - - - (4,694) (4,694) Equity-settled share-based payments - - - - (186) - (186) Transfer between reserves - - - - (8,107) 8,107 - Total transactions with owners and equity holders - - - 2,489 (8,293) 3,413 (2,391) Balance at 31 December 2025 118 134,572 (6,154) 37,5 92 124 (61,183) 105,069 Quarter and periodCEO’s comments Financial information Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 24 Parent company ===== SIDA 25 ===== Condensed parent company statements of cash flows AMOUNTS IN ’000 (EUR) Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Cash flows from operating activities Loss before tax (364) (318) (15,370) Adjustments for: Impairment on investment in subsidiaries - - 15,216 Unrealised exchange differences 1 (32) (16) Interest expense 297 766 2,011 Net gains on financial liability at fair value through profit or loss - (243) (136) Share-based payments - 205 (1,357) (66) 378 348 Changes in: Trade and other receivables (42) 6 (1) Trade and other payables (5) (7) 125 Net cash (used in)/generated from operating activities (113) 377 472 Cash flows generated from investing activities Net proceeds from subsidiary and related parties 63 950 22,804 Net cash generated from investing activities 63 950 22,804 AMOUNTS IN ’000 (EUR) Jan-Mar 2026 Jan-Mar 2025 Jan-Dec 2025 Cash flows used in financing activities Net repayment on borrowings - - (21,478) Interest paid - (1,597) (3,143) Net cash used in financing activities - (1,597) (24,621) Net movement in cash and cash equivalents (50) (270) (1,345) Cash and cash equivalents at beginning of period 454 1,782 1,782 Currency translation differences (1) 32 17 Cash and cash equivalents at end of period 403 1,544 454 Quarter and periodCEO’s comments Financial information Definitions CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 25 Parent company ===== SIDA 26 ===== Definitions of alternative performance measures EBITDA Total operating profit before depreciation and am- ortisation and impairment on intangible assets. The group reports this metric so report users can monitor operating profit and cash flow and evaluate operational profitability . EBITDA FROM CONTINUING OPERATIONS Operating profit from continuing operations before depreciation and amortisation and impairment on intangible assets from continuing operations. The group reports this metric so report users can monitor operating profit and cash flow and evaluate operational profitability . EBITDA MARGIN EBITDA as a percentage of total revenue. The group reports this metric so report users can monitor operational profitability and the value created by operations. EBITDA MARGIN FROM CONTINUING OPERATIONS EBITDA from continuing operations as a percent- age of revenue from continuing operations. The group reports this metric so report users can monitor operational profitability and the value created by operations. ADJUSTED EBITDA EBITDA adjusted for items affecting compara- bility . The group reports underlying EBITDA, excluding items affecting comparability , to provide a more comparable measure over time than non-adjusted EBITDA and thus enhance users' understanding of the report. ADJUSTED EBITDA FROM CONTINUING OPERATIONS EBITDA from continuing operations adjusted for items affecting comparability from continuing operations. The group reports underlying EBITDA, excluding items affecting comparability , to provide a more comparable measure over time than non-adjusted EBITDA and thus enhance users’ understanding of the report. ADJUSTED EBITDA MARGIN Adjusted EBITDA as a percentage of total reve- nue. The group reports the underlying EBITDA margin, excluding items affecting comparability , to provide a more comparable measure over time than the non-adjusted EBITDA margin and thus enhance users' understanding of the report. ADJUSTED EBITDA MARGIN FROM CONTINUING OPERATIONS Adjusted EBITDA from continuing operations as a percentage of revenue from continuing operations. The group reports the underlying EBITDA margin, excluding items affecting comparability , to provide a more comparable measure over time than the non-adjusted EBITDA margin and thus enhance users’ understanding of the report. NDCS (NEW DEPOSITING CUSTOMERS) New customers placing a first deposit with an operator (client). The group reports this metric because it is key to measuring revenues and long-term organic growth. ITEMS AFFECTING COMPARABILITY Significant items that affect EBITDA when com- paring to previous periods. Items affecting comparability comprise reorganisation costs, costs relating to share-based payments, one-time retention incentives, restructuring costs and costs in relation to acquisitions, professional fees. REVENUE GROWTH Increase in revenue compared to the previous accounting period as a percentage of revenue in the previous accounting period. The group reports this metric to enable report users to monitor business growth. Quarter and periodCEO’s comments Financial information Parent company CATENA MEDIA INTERIM REPORT JANUARY - MARCH 2026 26 Definitions