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© Ipsos | 2025 Third Quarter Results 2025 THIRD QUARTER RESULTS Jean Laurent Poitou, Chief Executive Officer Dan Lévy, Chief Financial Officer October 23rd, 2025
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© Ipsos | 2025 Third Quarter Results OPENING REMARKS Jean Laurent Poitou Chief Executive Officer
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33© Ipsos | 2025 Third Quarter Results IPSOS HAS STRONG ASSETS TO ACCELERATE INTO ITS NEXT PHASE OF GROWTH A UNIQUE POSITION AS INDEPENDENT LEADER IN MARKET RESEARCH DIFFERENTIATED OFFERINGS ACCROSS ALL SECTORS LEVERAGING BEST IN CLASS DATA AND METHODOLOGIES LONG-TERM RELATIONSHIPS WITH MAJOR PLAYERS FROM ALL INDUSTRIES GLOBAL REACH IN 90 MARKETS COMBINED WITH DEEP LOCAL KNOWLEDGE HIGHLY-SKILLED PROFESSIONALS SOUND FINANCIAL PROFILE
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44© Ipsos | 2025 Third Quarter Results BUT WE CANNOT RELY ONLY ON WHAT GOT US HERE
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55© Ipsos | 2025 Third Quarter Results ACCELERATE ON TECH AND AI WITH SPEED AND QUALITY AT THE CORE ACCELERATE ORGANIC GROWTH
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66© Ipsos | 2025 Third Quarter Results CONVICTIONS THAT WILL GUIDE OUR DIRECTION INVEST WITH DISCIPLINE AND WHERE RETURNS ARE DEMONSTRABLE #1 A strong competitive advantage based on the historical richness of our data and panels #2 A targeted and scalable use of AI, relying on these data, to accelerate our developments #3 A resilient model based on our geographical reach, the wealth of our sectors and solutions, and the diversity of our expertises
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77© Ipsos | 2025 Third Quarter Results MY IMMEDIATE PRIORITIES #1 FINALIZE THE STRATEGY #2 STAY CLOSE TO THE FIELD #3 RAISE THE BAR ON EXECUTION
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© Ipsos | 2025 Third Quarter Results FINANCIAL UPDATE Dan Lévy Chief Financial Officer
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99© Ipsos | 2025 Third Quarter Results 9 GOOD PERFORMANCE IN Q3 IN A COMPLEX ENVIRONMENT 9 MONTHS 2025 REVENUE €1,791M €636M Total Growth +3.6% +7.6% Organic Growth +0.7% +2.9% FX -2.0% -3.8% Scope 4.9% +8.5% Q3
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1010© Ipsos | 2025 Third Quarter Results 9 months ORGANIC GROWTH +3% organic growth since the beginning of 2025 excluding Public Affairs Improvement in the Pharma sector Good performance with CPG clients RETURN TO GROWTH IN THE U.S. +0.9% The political context (DOGE, shutdown…) continues to impact our Public Affairs business: -15% organic growth
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1111© Ipsos | 2025 Third Quarter Results REVENUE 1 1 In millions € 9 months 2025 Total Organic of which Q1 of which Q2 of which Q3 EMEA 872.8 10.0% 1.6% -0.3% 1.8% 3.2% Americas 630.3 -1.3% 1.2% -1.7% 0.6% 4.3% Asia-Pacific 287.9 -3.3% -3.0% -6.0% -2.3% -1.0% Total 1,791.0 3.6% 0.7% -1.8% 0.7% 2.9% GROWTH IMPROVEMENT ACROSS ALL REGIONS IN Q3 GROWTH
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1212© Ipsos | 2025 Third Quarter Results 1 2 Breakdown of each Service Line by segment: breakdown of revenue by audience segment is non-financial data, likely to change over time depending on changes to the organization of Ipsos teams. 1. Brand Health Tracking, Creative Excellence, Innovation, Ipsos UU, Ipsos MMA, Market Strategy & Understanding, Observer (excl.public sector), Ipsos Synthesio, Strategy3 2. Automotive & Mobility Development, Audience Measurement, Customer Experience, Channel Performance (including Mystery Shoppingand Shopper), Media development, ERM, Capabilities 3. Public Affairs, Corporate Reputation 4. Pharma (quantitative and qualitative) In millions € 9 months 2025 Total Organic of which Q1 of which Q2 of which Q3 Consumers1 881.5 2.8% 2.0% -0.6% 1.6% 4.9% Clients & employees2 360.0 3.5% 2.0% 0.5% 2.7% 2.9% Citizens3 285.3 5.1% -9.2% -14.2% -8.7% -4.7% Doctors & patients4 264.1 4.4% 5.0% 5.4% 5.2% 4.4% Total 1,791.0 3.6% 0.7% -1.8% 0.7% 2.9% REVENUE GROWTH GOOD PERFORMANCE ACROSS MOST AUDIENCES, HELD BACK BY PUBLIC AFFAIRS BUSINESS Excluding Public Affairs, organic growth for the first 9 months stands at 2.3%
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13© Ipsos | Half-Year Results 2025 GROWTH 2025 TARGET 28% CONTINUED MOMENTUM ON IPSOS.DIGITAL PROFITABILITY x2vs Group profitability 9 months 2025 c.140m€REVENUE © Ipsos | 2025 Third Quarter Results 13
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14© Ipsos | Half-Year Results 2025 OUTLOOK 2025 ORGANIC GROWTH ~0.7% OPERATING MARGIN ~13% at constant scope © Ipsos | 2025 Third Quarter Results 14
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15© Ipsos | Half-Year Results 2025 THANK YOU 25.02.26 2025 ANNUAL RESULTS Q&A SESSION Dial-in phone numbers: France: +33 1 70 91 87 04 UK: +44 1 21 281 8004 US: +1 718 705 8796 Password: Ipsos © Ipsos | 2025 Third Quarter Results 15 22.01.26 INVESTOR DAY NEXT EVENTS