Rimini Street, Inc. · NASDAQ:RMNI
Rimini Street — Q3 2026 Earnings Presentation
43 slides from Rimini Street's earnings presentation, Sep 30, 2026
Slide 1: Investor Presentation With Q3 and Year-to-Date 2026 Financial Results
Investor Presentation With Q3 and Year-to-Date 2026 Financial Results Period Ended September 30, 2026 Property of Rimini Street ©2026 | Proprietary and Confidential 1
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER © 2026 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. avoid interruptions to, or degraded performance of, our services and the impact of any such interruptions or in the United States and other countries, and Rimini Street,
Slide 3: Company Overview
Company Overview Property of Rimini Street ©2026 3
Slide 4: Senior Executive Team
Senior Executive Team Seth Ravin Michael L. Perica Keith Costello Steve Hershkowitz Kevin Maddock Nancy Lyskawa CEO, President & EVP and Chief Operating Officer Chief Revenue Officer Chief Recurring Chief Client Officer Chairman of the Board Chief Financial Officer Revenue Officer Alexander Guasch D
Slide 5: Company Snapshot
Company Snapshot Rimini Street is a global provider of end-to-end enterprise software support, Nine Months Ended products and services September 30, 2026 Global Platform Revenue Growth Profile TMT 21% Services Founded: 2005 Public: Nasdaq: RMNI 20% 11% Global Headquarters: Las Vegas, NV USA Revenue
Slide 6: Rimini Street Success Based on Client Success
Rimini Street Success Based on Client Success Rimini Street achieves an average client satisfaction rating on support cases of 4.9/5.0 (5.0 is “excellent”) Our mission is to provide extraordinary technology solutions powered by extraordinary people that achieve each client’s strategic, operational,
Slide 7: Rimini Street Solutions Portfolio
Rimini Street Solutions Portfolio End-to-End Outsourcing Solution for Enterprise Software 7
Slide 8: Rimini Smart Path Transformation without Disruption
Rimini Smart Path Transformation without Disruption Property of Rimini Street ©2026 8
Slide 9: Rimini Smart Path Transformation without Disruption
Rimini Smart Path Transformation without Disruption Property of Rimini Street ©2026 9
Slide 10: The Rimini Smart Path
The Rimini Smart Path Innovation within Your Existing Budget “Easy as 1-2-3” 1 2 3 SUPPORT OPTIMIZE INNOVATE Save People, Time and Money Simplify, Streamline and Save More Fund Transformation without Disruption Replace your ERP and other software vendor support Run, secure, continuously improve and
Slide 11: The Rimini Smart Path Sales Channel Evolution
The Rimini Smart Path Sales Channel Evolution Rimini Direct Sales Model Tie Innovation to Rimini Support Optimize Existing ERP System • Recurring revenue stream • Recurring revenue stream • Underway and initial success • High margin vendor- • Manage App, Security, and encouraging RETENTION replaceme
Slide 12: Rimini Street Solution: Self-Funded Innovation
Rimini Street Solution: Self-Funded Innovation Rimini Smart Path Methodology: Save on Support, Self-Fund Innovation Within Existing Budget Today Tomorrow 91% 60% RUN THE RUN THE ENTERPRISE ENTERPRISE THE THE BUDGET BUDGET CHALLENGE OPPORTUNITY TRANSFORM & 9% 40% TRANSFORM & INNOVATE THE INNOVATE THE
Slide 13: The Future is Already Here
The Future is Already Here Real-time insights, hyper-automation, easy composability with all the compliance and security your business needs Real-time Predictive Insights Intelligent Enterprise Operations Predictive analytics for predictive Self-optimizing operations through business management mach
Slide 14: Support | Surrounded by Service
Support | Surrounded by Service Human-first expertise empowered by AI support intelligence and automation GLOBAL SUPPORT TEAM PROFESSIONAL SERVICES ONBOARDING CLIENT SUCCESS TEAM | UTC | TEAM INTEROPERABILITY | | +12:00 | | PERFORMANCE | | | | TUNING P O R T AN D AM S SECURITY | M OF SUP ENG | INTEG
Slide 15: Positioned for Leadership in Delivering Agentic AI ERP
Positioned for Leadership in Delivering Agentic AI ERP Property of Rimini Street ©2026 15
Slide 16: Rimini Agentic UX: ERP Modernization without Disruption
Rimini Agentic UX: ERP Modernization without Disruption Operate Existing ERP Software Releases, Invest in Agentic AI ERP Innovation Instead of ERP Software Upgrades & Migrations Leverage your proven ERP software for years to come, accelerate adoption of all the latest innovation and capabilities acr
Slide 17: Market Opportunity for Agentic AI ERP Modernization
Market Opportunity for Agentic AI ERP Modernization Customized and Complex Rimini Sweetest Spot: AI Street Start Ups 100,000+ on- System Rimini premises ERP systems are AI Integrators Street expected to Start Ups remain in LCAP production for OaAS SaaS / Cloud based Business On-premises & decades Ap
Slide 18: Rimini Street Owns Agentic AI ERP
Rimini Street Owns Agentic AI ERP Key differentiators and market conditions uniquely position Rimini Street as leader in Agentic AI ERP Rimini Street knows ERP processes Domain experience in SAP, Oracle and other ERP Software Vendor agnostic Time to value Rimini’s domain experience and Agentic UX so
Slide 19: Rimini Accelerates Time to Market / Value for Agentic AI ERP
Rimini Accelerates Time to Market / Value for Agentic AI ERP Enterprises can accelerate innovation and leapfrog over ERP upgrades and SaaS with Agentic AI ERP capabilities A Support Savings B Agentic AI ERP Pilot C Agentic ERP Enterprise Rollout Rimini Agentic AI ERP ERP Migration Value D Deferred I
Slide 20: Roadmap to Client Revenue Growth with Agentic AI ERP
Roadmap to Client Revenue Growth with Agentic AI ERP Agentic AI ERP across the enterprise Build trust with Senior stakeholders building multi-year, multi-solution partnerships Packaged Apps $$$$ Use Cases & TIME Expansion Pack $$$ Explorer Pack $$ $ PROPERTY OF RIMINI STREET ©2026 | PROPRIETARY AND
Slide 21: Rimini Street Agentic AI ERP – Early Momentum
Rimini Street Agentic AI ERP – Early Momentum Sample Rimini UX Projects • Vendor Onboarding • Sales Contract Creation • S2P SLP Vendor Risk Management • Staff Claim System Modernization • Project Job Card Capture • Tender Order • Business Partner Onboarding • Sales Commission Approval • Reimbursemen
Slide 22: The agentic boom has one bottleneck: governance
'» The agentic boom has one bottleneck: governance Three leading analysts agree — Al agents are scaling fast, but without governance most initiatives stall, overspend, or expose the business. GARTNER IDC FORRESTER THE RISK PRIZE + PERIL THE GATE 40%+ $1.31 <15% — — — of agentic Al projects will be c
Slide 23: Innovation Pillar journey: Advise → Accelerate → Operate
Innovation Pillar journey: Advise → Accelerate → Operate ADVISE ACCELERATE OPERATE Know where to start Build the solutions Run & govern AI Maturity Assessment & advisory — a clear, Agentic Business Solutions across your core The 9-stage Agent Lifecycle — design, build, prioritized roadmap. Architect
Slide 24: Govern your AI workforce with confidence
GOVERNANCE AS A SERVICE · SOLUTION OVERVIEW Govern your AI workforce with confidence THE CHALLENGE OUR SOLUTION YOUR BENEFIT Not enough experts to manage AI agents Our 600+ ERP experts run it for you Scale AI with confidence No visibility when agents go rogue 24/7 governance watches every agent Catc
Slide 25: Rimini Governance as a Service
Footer Text 10/30/2026 Rimini Governance as a Service 5 core capabilities of the Governance as a Service Offering Discover Observe Govern Secure Measure Inventory AI Assets Runtime Monitoring Workflow Governance Identity & Access Business Accountability Control Discover automatically Observe provide
Slide 26: Financial Information
Financial Information Property of Rimini Street ©2026 26
Slide 27: Growth Profile
Growth Profile Recent Billings and RPO growth provide increased visibility into future Revenue and ARR growth $Millions, Definitions page 34 PROPERTY OF RIMINI STREET ©2026 | PROPRIETARY AND CONFIDENTIAL
Slide 28: Metrics
Metrics Client Revenue and Billings growth are the path to improved performance $Millions, Definitions page 34 PROPERTY OF RIMINI STREET ©2026 | PROPRIETARY AND CONFIDENTIAL
Slide 29: Target Financial Model at Scale (Non-GAAP)
Target Financial Model at Scale (Non-GAAP) Future model indicates scale at which we can achieve full leverage Future Model $ in millions FY 2025 FY 2026 Guide @ Scale Revenue $422 10% - 15% YoY • Path to achieving Rule of 40, with a bias towards Gross Margin 60.9% mid 60's % range the bottom line •
Slide 30: Historical Financial Performance
Historical Financial Performance Ytd Q3- Ytd Q3- (US$ in millions) 2021 2022 2023 2024 2025 2025 2026 Observations Revenue $374.4 $409.7 $431.5 $428.8 $421.5 $311.7 $328.6 • Bulk of revenues from Gross Profit 238.0 257.3 269.0 261.0 254.6 188.3 198.8 Sales & Marketing Expenses 128.5 143.0 142.3 149.
Slide 31: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations Ytd Q3- Ytd Q3- (US$ in millions) 2021 2022 2023 2024 2025 2025 2026 GAAP Net Income (Loss) $75.2 ($2.5) $26.1 ($36.3) $37.1 $36.4 $10.3 Interest expense 1.6 4.3 5.5 6.3 6.2 4.8 3.4 Income tax expense (a) (55.8) 6.3 15.2 (0.4) 18.5 15.5 6.9 Depreciation and amortizat
Slide 32: Capitalization
Capitalization September 30, 2026 Face Fully Common Stock and equivalents (millions) Amount Diluted (a) Common Shares outstanding & weighted average (a) 92.7 93.1 Stock Options (b) 9.9 1.1 Restricted and Performance Stock Units (c-d) 3.9 1.9 Total Common Stock and equivalents 106.5 96.1 Cash / Debt
Slide 33: Rimini Street (Nasdaq: RMNI) - Investment Thesis Summary
Rimini Street (Nasdaq: RMNI) - Investment Thesis Summary 1. Differentiated Business Model with Durable Moat: Pioneer in third-party enterprise software support with proven cost/value advantage, proprietary IP and awarded patents 2. First Mover in Agentic AI ERP: Positioned at the frontier of agentic
Slide 34: Summary of Operating Metrics
Summary of Operating Metrics ARR: Annualized • The amount of subscription revenue recognized during a quarter and multiplied by four Subscription • Gives an indication of the revenue that can be earned in the following 12-month period from the Revenue Company’s existing client base assuming no cance
Slide 35: About Non-GAAP Financial Measures and Certain Key Metrics
About Non-GAAP Financial Measures and Certain Key Metrics To provide investors and others with additional information regarding Rimini Street’s results, we have Non-GAAP Operating Income is operating income adjusted to exclude: litigation costs and related disclosed the following non-GAAP financial
Slide 36: Appendix
Appendix I. Vendor Spotlight a. ServiceNow b. VMware c. Workday II. Additional Product Information a. Rimini Connect b. Rimini Protect c. Rimini Watch Property of Rimini Street ©2026 | Proprietary and confidential 36
Slide 37: Vendor Spotlight: Rimini & ServiceNow on ERP Modernization
Vendor Spotlight: Rimini & ServiceNow ® on ERP Modernization Signed 6/2024 From core systems to next-gen solutions, from system of record to system of action and engagement Challenges solved Dominate ERP modernization and Vision 01 composability at global scale 1 Core Modernization Cross-sell Servic
Slide 38: Vendor Spotlight: Rimini Solutions for VMware
Vendor Spotlight: Rimini Solutions for VMware® • Broadcom purchased VMware and is reportedly raising prices, Perpetual Licensed with nearly 375,000 customers facing cost increases of 2x-10x Supported Products • As part of Rimini Custom, Rimini Street launched Rimini Solutions ▪ vSphere for VMware, i
Slide 39: Vendor Spotlight: Rimini Solutions for Workday
Vendor Spotlight: Rimini Solutions for Workday® Workday® customers continue to face these universal challenges Accountable and flexible expertise when you need it . Signed 6/2024 Why is this strategic for Rimini Street? 1 Skills Shortage We believe Workday software is best aligned as a full lifecycl
Slide 40: Rimini Connect
Rimini Connect To enable Enterprise Software L4 support for 15+ years, Rimini Connect was created – delivering products that enable software portability and Core Problems we Solve flexibility Loss of compatibility: Strategy: • Vendors will drop Dedicated team focused on developing solutions for the
Slide 41: Rimini Protect
Rimini Protect Core problems we solve Born out of necessity to enable L4 support, proactive security services and solutions purpose built for enterprise software where others fail No new security updates: Strategy: • When leaving vendor support • For versions in sustaining Monitor Common Vulnerabili
Slide 42: Rimini Watch Observability Solution
Rimini Watch - Observability Solution Enhance Rimini Managed Services and Support by proactive monitoring Core Problems we Solve and alerting to keep Enterprise Software up and running Downtime: Strategy: • Missed risks and issues can Develop observability tools to improve and enable proactive Suppo
Slide 43: Rimini Watch
Suite Customer Challenges Our Solution Addresses Rimini Watch TM ▪ Offer scripts to automatically solve a basic problem A revolutionary suite of operational tools for Monitoring, Health Checks, Change Management, RPAs/BPAs, and Rimini WatchTM ▪ Solve several instances of downtime due to slow inciden