Foreword by the Management Board

Dear Shareholders,

The structural trends in the international mail and parcel market continued in 2025. Digitalisation and cost pressure among both private and public sector customer groups led to declining letter mail and direct mail volumes, whereas the growing parcel markets continued to be impacted by intense competition. Against this backdrop, the range of services of Austrian Post was consistently expanded and further developed. In Austria, Postal services are now available at nearly 3,000 postal points. Moreover, final preparations are underway for the launch of the company’s own mobile telephony brand YELLLOW in April 2026. Further important steps were also taken in the international business with two acquisitions – a parcel services provider in Hungary and an e-commerce service provider in CEE/SEE. Despite a challenging market environment and positive special effects in the previous year, Austrian Post showed solid operational performance in the 2025 financial year.

Following the strong revenue increase in 2024, which was supported by positive one-off effects, the 2025 financial year developed well against the backdrop of challenging macroeconomic conditions. Both revenue and earnings were below the previous year’s level, but above the figures for 2023. In particular, the major elections in Austria and the favourable exchange rate of the Turkish lira had a positive impact in 2024.

Total Group revenue in 2025 equalled EUR 3,043.3m, which was 2.6 % below the level of 2024 and 11.0 % above that of 2023. The Mail division revenue declined by 6.8 % compared to 2024 and by 3.0 % compared to 2023. In the Parcel & Logistics division, revenue rose by 1.2 % on a like-for-like basis compared to the previous year, i.e. before a reporting change related to the reclassification of Logistics Solutions revenue, but climbed by 21.4 % from 2023. Revenue of the Retail & Bank division fell by 8.8 % (but +9.0 % higher than 2023).

The development of earnings was in line with the trend of the first nine months of 2025. EBITDA was down by 2.2 % to EUR 413.3m and earnings before interest and taxes (EBIT) fell by 5.0 % to EUR 196.9m. The earnings decline in the mail business and the lower profitability of parcel operations in Southeast and Eastern Europe as well as in Türkiye were in contrast to the earnings improvement in the Retail & Bank Division. Accordingly, the profit for the period of the Austrian Post Group in the year 2025 totalled EUR 134.0m (-8.1 %) and earnings per share were EUR 1.96 from EUR 2.04 in the prior-year period (-4.1 %). On the basis of the solid performance and balance sheet position, a dividend at the prior-year level of EUR 1.83 per share will be proposed to the Annual General Meeting on 15 April 2026. This corresponds to a dividend yield of 5.9 % based on the closing share price on 31 December 2025.

The underlying trends in the international mail and parcel markets will continue in 2026. A slight modest revenue increase is expected for the current year. At the same time, further cost increases due to inflation are anticipated. For this reason, comprehensive initiatives are being undertaken to safeguard Group earnings. For 2026, Austrian Post is targeting a largely stable earnings development in line with recent years, despite a difficult macroeconomic environment and slightly improved economic forecasts.
Our top-quality service is the result of the commitment of our employees, who work with great dedication and professionalism on a daily basis. We would like to express our special thanks to them. Together we will further strengthen our position as the preferred partner of our customers.


WALTER OBLIN

CEO
Chairman of the Management Board


PETER UMUNDUM

Deputy CEO
Parcel & Logistics (COO)


BARBARA POTISK-EIBENSTEINER

Member of the Management Board
Finance (CFO)