F-secure Oyj · OMXHEX:FSECURE
F-secure Oyj — Shareholder Meeting (April 2025)
10 slides from F-secure Oyj's shareholder meeting presentation, Apr 2, 2025
Slide 1: CEO's review, Annual General Meeting 2025
(2 F-Secure. CEO and President | , wl | Timo Laaksonen F-Secure Corporation Annual General Meeting 2025
Slide 2: Key topics in 2024
Key topics in 2024 We focused on our growth strategy, with a special emphasis on partner business, and Operational model Anew corporate culture unites all our employees and guides operations. We implemented a new operating model to drive growth and serve all partner segments. We completed ISO 27001
Slide 3: Year 2024 in numbers
Year 2024in numbers Subscribers Revenue Number of Service Provider 146.3 ~30 Partners ~200 MEUR million ¢ (12.2%) channels 52.2 ~200 ~530 (357% margin) Earnings per share 0.12 0.04 45 EUR EUR nationalities Dividend per share* *The Board proposal to the Annual General Meeting f F-secure 19% Revenue b
Slide 4: Source: GASA Global Anti-Scam Alliance - Global State of Scams survey 2024, n=58,329 people
• • • • • • Source: GASA Global Anti-Scam Alliance - Global State of Scams survey 2024, n=58,329 people from 43 countries; Global consumer market survey by F-Secure, Jan 2024, N=7,000 4
Slide 5: Only F-Secure is exclusively engineered for Partner Success
Only F-Secure is exclusively engineered for Partner Success Partner 1st End-to-end optimized operating model-for each partner segment No channel conflicts f F-secure We make it yours Driving differentiation with Embedded and Total offerings Turning security from value added service into a core servi
Slide 6: +26.9% +11.0% +38.8% -2.3% +12.5% +5.1%
+26.9% +11.0% +38.8% -2.3% +12.5% +5.1%
Slide 7: 90.9% 40.0% 86.2% 90.0% 35.7% 34.2% 35.0% 126.0 80.0% 118.6 52.2 120 70.0% 30.0%
160 90.9% 70 40.0% 86.2% 90.0% 35.7% 34.2% 140 60 35.0% 126.0 80.0% 118.6 52.2 120 70.0% 30.0% 50 44.6 100 60.0% 25.0% 40 80 50.0% 20.0% +6.3% 40.0% 30 +17.2% 60 15.0% 30.0% 20 40 10.0% 20.0% 20 10 5.0% 10.0% 0 0.0% 0 0.0% • • 7
Slide 8: Strategic priorities 2025
Strategic priorities 2025 Weestablish our position as We continue to transform to We innovate and utilize accelerate growth the market leader in fraud data and Al protection AY % COMCAST verizon’ QO vodafone Al f FMobile Singtel @ F-Secure "F? Teletenica Paitter Soret décomo eves f F-secure
Slide 9: Medium-term financial targets
Medium-term financial targets The targets reflect the company’s growth ambitions and strategic direction. 2025 is still a business ramp-up year, after which the journey towards achieving the financial targets is expected to accelerate. Growth Profitability High single digit growth Adjusted EBITA mar
Slide 10: ¢: F-Secure
¢: F-Secure