• First-quarter revenues of €159.6 million, down €1.7 million or -1.0% on a reported basis
• No impact on full-year outlook of like-for-like growth above 2%

Boulogne-Billancourt, France, April 23, 2026

Revenue

Cegedim’s consolidated first quarter 2026 revenues came to €159.6 million, down €1.7 million or -1.0% as reported and -0.8% like for like(2) compared with the same period in 2025. As anticipated, Cloud & Support revenues fell €2.6 million. The biggest contributors to quarterly growth were international subsidiaries in the Health & Provident Insurance and Healthcare professionals business units, and Business Services activities in France (HR and e-business).

Analysis of business trends by Business Unit

• Health & Provident Insurance

Health & Provident Insurance

The software business in the UK reported robust growth in the first quarter, which was offset by a slight drop in project-based revenue in France. Because project-based business is non-recurring, fluctuations in revenue from one quarter to the next do not jeopardize full-year projections.

(1) At constant scope and exchange rates.
(2) The negative currency impact of 0.2% was mainly due to the pound sterling. There were no acquisitions or divestments.

Third-party payer revenue continued the growth seen in recent quarters, with a boost from the start of work for a new client on January 1.

A decrease in the number of beneficiaries managed by its clients caused BPO revenue to fall 2.5%.

• Business Services

Business Services

Every part of the Business Services segment performed well in the first quarter. The unit is seeing a positive impact from starting up HR contracts won in 2025, accelerating momentum in e-business as companies affected by the first round of e-invoicing reform in September 2026 start to implement the required changes, and the start of business with new BPO clients.

• Healthcare professionals

Business Services

Cegedim Santé revenue was virtually stable over the first quarter. Legacy solutions were down slightly because they are more exposed to competition, while the Maiia suite and Claude Bernard database continued to grow.

Doctor software ex. France got a boost from Spain, which has been posting dynamic growth since 2025, having won two large￾scale projects last year. The new product for Belgium also started to gain traction.

Revenue with pharmacists fell over the quarter, -8.0% as reported and -6.7% like for like. The main culprit was France—because sales calls were paused during the 2025 restructuring—whereas the UK continued the upward trend that began in late 2025.

• Data & Marketing

Data & Marketing

Data revenue was virtually stable over the first quarter owing to contrasting trends over the past several months, with France on the rise and more challenging business abroad.

In Marketing, ads in pharmacies posted growth over the quarter, notably thanks to initial sales by the new Spanish subsidiary, C￾Media España.

(1) At constant scope and exchange rates.

Cloud & Support

Cloud & Support division revenue was down 25.4% in the first quarter on a reported basis and down 25.2% like for like. This trend, fully anticipated in Cegedim’s budget, is attributable to the end of a significant outsourcing contract combined with a demanding comparison with a strong trading period in the first quarter of 2025.

Q1 2026 highlights and significant events post March 31, 2026

To the best of the company’s knowledge, there were no events or changes that would materially alter the Group’s financial situation.

Outlook

Based on the currently available information, the Group expects 2026 like-for-like(1) revenue growth to be above 2% relative to 2025. Adjusted operating income(2) should continue to improve substantially.

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WEBCAST ON APRIL 23, 2026, AT 6:15 PM (PARIS TIME)
The webcast is available at: www.cegedim.fr/webcast
The Q1 2026 revenue presentation is available at:
https://www.cegedim.fr/documentation/Pages/presentation.aspx

Financial calendar

Financial calendar: https://www.cegedim.fr/finance/agenda/Pages/default.aspx

Disclaimer

This press release is available in French and in English. In the event of any difference between the two versions, the original French version takes precedence. This press release may contain inside information. It was sent to Cegedim’s authorized distributor on April 23, 2026, no earlier than 5:45 pm Paris time.

The figures cited in this press release include guidance on Cegedim's future financial performance targets. This forward-looking information is based on the opinions and assumptions of the Group’s senior management at the time this press release is issued and naturally entails risks and uncertainty. For more information on the risks facing Cegedim, please refer to Chapter 7, “Risk management”, section 7.2, “Risk factors and insurance”, and Chapter 3, “Overview of the financial year”, section 3.6, “Outlook”, of the 2025 Universal Registration Document filled with the AMF on April 17, 2026, under number D.26- 0260.

(1)At constant scope and exchange rates.
(2) Alternative performance indicator See pages 117-120 of the 2025 Universal Registration Document.

About Cegedim:

Founded in 1969, Cegedim is an innovative technology and services group in the field of digital data flow management for healthcare ecosystems and B2B, and a business software publisher for healthcare and insurance professionals. Cegedim employs nearly 6,500 people in more than ten countries and generated revenue of over €649 million in 2025.

Cegedim SA is listed in Paris (EURONEXT GROWTH: ALCGM).

To learn more please visit: www.cegedim.fr
And follow Cegedim on X: @CegedimGroup, LinkedIn, and Facebook.

Aude Balleydier
Cegedim
Media Relations
and Communications Manager
Tel.: +33 (0)1 49 09 68 81
aude.balleydier@cegedim.fr

Damien Buffet
Cegedim
Head of Financial
Communication
Tel.: +33 (0)7 64 63 55 73
damien.buffet@cegedim.com

Jérémy Loncle
Mantu Agency
Media Relations Consultant
Tel.: +33 (0)6 98 90 84 29
jeremy.loncle@mantu.com

Follow Cegedim:

Annexes

Revenue breakdown by quarter and Business Unit

• Year 2026

• Year 2025

Revenue breakdown by geographic zone, currency and BU at March 31, 2026

Cegedim
137 rue d’Aguesseau, 92100 Boulogne-Billancourt
Tel.: +33 (0)1 49 09 22 00
www.cegedim.fr
SA (corporation) with capital of €13,431,769.27
SIRET 350 422 622 00141
R. C. S. Nanterre B 350 422 622