Interim financial report 2026

2026 INTERIM FINANCIAL REPORT

2026 INTERIM FINANCIAL STATEMENTS

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AT 30 JUNE 2026

• 1 – CONSOLIDATED STATEMENT OF FINANCIAL POSITION 3
• 2 - INCOME STATEMENT 4
• 3 - CASH FLOW STATEMENT 5
• 4 - STATEMENT OF CHANGES IN EQUITY 6
• 5 – NOTES TO THE ANNUAL FINANCIAL STATEMENTS

• Note 1 Significant accounting policies and basis of consolidation 7
• Note 2 Information on consolidation 8
• Note 3 Segment reporting 11
• Note 4 Balance sheet information 12
• Note 5 Income statement information 18
• Note 6 Off-balance sheet commitments 19
• Note 7 Transactions with related parties 20

INTERIM MANAGEMENT REPORT

• 1 – MATERIAL EVENTS AND OPERATING HIGHLIGHTS OF THE 2026 FIRST HALF 21
• 2 – SUBSEQUENT EVENTS 26
• 3 – OUTLOOK AND UNCERTAINTIES 26

RESPONSIBILITY STATEMENT 27
STATUTORY AUDITORS' REPORT 28

Translation disclaimer: This document is a free translation of the original French language version of the interim financial report (rapport semestriel) provided solely for the convenience of English-speaking readers. This report should consequently be read in conjunction with, and construed in accordance with French law and French generally accepted accounting principles. While all possible care has been taken to ensure that this translation is an accurate representation of the original French document, this English version has not been audited by the company’s statutory auditors and in all matters of interpretation of information, views or opinions expressed therein, only the original language version of the document in French is legally binding. As such, the translation may not be relied upon to sustain any legal claim, nor be used as the basis of any legal opinion and GL events expressly disclaims all liability for any inaccuracy herein.

CONSOLIDATED STATEMENT OF FINANCIAL POSITION - BALANCE SHEET

CONSOLIDATED INCOME STATEMENT

CONSOLIDATED CASH FLOW STATEMENT

STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY

NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 – SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF CONSOLIDATION

The Board of Directors, at its meeting held on 22 July 2026, reviewed and approved the condensed consolidated interim financial statements as of 30 June 2026.

The interim consolidated financial statements of GL events and its subsidiaries ("The Group") were prepared in compliance with IAS 34. As condensed financial statements, they do not include all information required by IFRS to produce annual financial statements and as such must be read in conjunction with the consolidated annual financial statements of the Group prepared in accordance with IFRS (International Financial Standards), as adopted by the European Union on 31 December 2025.

The accounting methods applied are identical to those used to prepare the consolidated financial statements for the period ended 31 December 2025, with the exception of corporate income tax.

The tax expenses are calculated for the interim consolidated financial statements by applying to profit for the period the average income tax rate estimated for the fiscal year in progress for each entity or the tax group.

The Group adopted the following standards, amendments and interpretations which entered into force on 1 January 2026:

• Amendment to IFRS 9 and IFRS 7: Classification and Measurement of Financial Instruments

This text has no impact on the Group's consolidated financial statements.

The Group has not opted to apply in advance standards and interpretations in issue not yet mandatory for periods beginning on or after 1 January 2026.

GLOBAL MINIMUM TAX
On 1 January 2024, the global minimum tax (GMT) on multinationals came into force in the European Union. This levy taxes the profits of companies at a minimum rate of 15%, payable by the holding company, provided they are owned by a Group with annual revenues of over €750 million.

IAS 34 has been applied to the interim financial statements on the basis of legislation published in the countries where the Group operates, and includes the global minimum tax charge.

IAS 29 – FINANCIAL REPORTING IN HYPERINFLATIONARY ECONOMIES
Since April 2022, Turkey has been considered as a hyperinflationary economy based on IAS 29 criteria. Based on this standard, the income statements of Turkish companies for H1 2026 were translated at the closing rate vs. the average rate, and non-cash assets and liabilities were remeasured according to the consumer price index.

IFRS 16 – LEASES
The standard consists of restating as depreciable (right-of-use) assets and financial liabilities, all leases with a term of more than 12 months and where the underlying asset has a value of more than €5,000. Its application, for GL events Group, concerns mainly real estate leases and public service delegations (délégations de service public) and concessions for Venues.

The terms adopted for the lease/concession agreements in progress were as follows:

• Concession agreements: remaining term of the agreements,
• Commercial leases with a fixed term: the remaining lease term up to the end of the fixed period, with renewal options taken into account where the remaining lease term is less than five years in order to determine a lease term of at least five years.
• For contracts with residual terms of less than 5 years with an extension option by the lessee, an extension period is restated for IFRS 16.

The variable portion of these payments and related services are not included in the restated amount.

In accordance with the standard, the discount rates adopted for the measurement of assets are those that the Group companies would have adopted individually by taking into account the maturity of the leases and the standard local financing rates (2% to 10%).

For the record, this standard had no impact on the calculation of the financial covenants. Loan agreements provide that the financial ratios must be calculated excluding IFRS 16-related debt.

NOTE 2 CONSOLIDATED COMPANIES

Changes in the Group's structure in the year impacting the consolidated financial statements were as follows:

Because changes in Group structure have not had any material effect on the consolidated financial statements, no pro forma information has been provided in consequence.

INTERIM MANAGEMENT REPORT