Carentoir, March 25, 2026

2025 ANNUAL RESULTS

Guillemot Corporation’s financial statements (audited financial statements approved by the Board of Directors at its meeting held on March 23, 2026, pending the statutory auditors’ certification report) may be summarized as follows:

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* Net financial income includes the cost of net financial debt as well as other financial income and expenses.

The Group generated full-year 2025 turnover of €127.2 million, up 2% year on year, with fourth-quarter revenue up 15%. Turnover grew 8% at Hercules and 1% at Thrustmaster.

Both of the Group’s brands faced a disrupted market environment in the United States, with significantly higher import tariffs. In 2025, the Group generated over 25% of its consolidated turnover in the United States.

The increase in import tariffs resulted in the following:

• A negative impact on margins due to the time lag in passing on higher costs.
• An impact on turnover due to changes in wholesalers’ delivery terms, resulting in €3.5 million of Thrustmaster’s turnover and the corresponding margin being deferred to 2026.

The Group generated net operating income of €0.5 million and posted a consolidated net loss of €2.4 million.

The net financial expense of €3.3 million included a €3.0 million revaluation loss on current financial assets (investment securities) consisting of 443,874 Ubisoft Entertainment shares, a net foreign exchange loss of €0.7 million and income of €0.5 million from cash and cash equivalents.

The accounting gross profit margin for 2025 came out at 50%, down 3 percentage points year on year. All Group expenses held steady during the year, as did the Group’s workforce.

In 2025, the Group maintained its investment in Research and Development at €9.1 million, equating to 7.2% of consolidated turnover.

At its meeting held on March 23, 2026, Guillemot Corporation S.A.’s Board of Directors proposed a dividend of €0.13 per share, to be paid out of the bond conversion premium account.

Guillemot Corporation S.A plans to buy shares during the second quarter of 2026, according to the share buyback program approved by the Combined General Meeting of shareholders held on June 5, 2025, for later cancellation.

Balance sheet items

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* Investment securities are not taken into account when calculating net debt.

Group shareholders’ equity stood at €96.7 million at December 31, 2025. Inventories rose 19% over the year. This increase was due to pre-positioning of inventory ahead of the introduction of U.S. import tariffs, with more inventory shifted to the Americas while maintaining higher levels globally. Products en route to the United States at the end of the year also contributed to the increase. Net debt at December 31, 2025 was negative at -€19.8 million, compared with -€23.7 million at December 31, 2024.

Development strategy and 2026 priorities

In 2026, the Group will:

• Leverage the strong growth potential offered by its markets
  For Thrustmaster, the arrival of flight sim on Sony’s PlayStation®5 console will boost demand for the Group, which offers the only joystick available on the platform.
  Growth in the Group’s sales in Asia is being driven in particular by the launch of more affordable products, such as the T98 racing wheel.
  The new racing range will fully benefit from the 2026 release of the very eagerly-awaited game Forza Horizon 6 on Xbox, followed by PlayStation®5.
  For Hercules, the launch of DJControl T10, the flagship product in its DJ controller range and the very first 10-inch motorized controller on the market, will help expand the brand’s offering for professional and amateur DJs alike.
• Grow its margins
  The Group has worked intensively on new products launched at the end of last year and those planned for the current fiscal year, to boost their margins while also making them more competitive.
  For Hercules, the new DJControl Inpulse 200 MK3 and DJControl T10 controllers, both manufactured outside of China, will benefit from lower U.S. import tariffs.
  In light of inflationary risks linked to energy prices, action has been taken to secure most of the Group’s purchase prices for fiscal year 2026.
• Optimize its inventory management policy, which should generate more than €10 million in cash over the fiscal year, strengthening the Group’s investment capacity.

2026 outlook

The Group expects to grow its turnover by 5% in 2026 and to generate net operating income equivalent to 5% of consolidated turnover.

Guillemot Corporation is a designer and manufacturer of interactive entertainment hardware and accessories. The Group offers a diversified range of products under the Hercules and Thrustmaster brand names. Active in this market since 1984, the Guillemot Corporation Group is currently present in 11 countries (France, Germany, Spain, the UK, the United States, Canada, Italy, Belgium, Romania, the Netherlands and China [Shanghai, Shenzhen and Hong Kong]) and distributes its products in more than 150 countries worldwide.

The Group’s mission is to offer high-performance, ergonomic products which maximize enjoyment of digital interactive entertainment for end users.

Contact: Guillemot Financial Information – Tel.: +33 (0) 2 99 08 08 80 – www.guillemot.com

APPENDICES

Consolidated income statement to December 31, 2025

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Consolidated balance sheet at December 31, 2025

ASSETS

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LIABILITIES AND EQUITY

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(1) Of the consolidating parent company
(2) Of which net income for the period: -€2,432k

Consolidated statement of cash flows to December 31, 2025

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