Westwing Group Se · XETR:WEW

Westwing — Investor Presentation (November 2025)

34 slides from Westwing's investor presentation, Nov 25, 2025

Slide 2: Disclaimer | Forward-looking statements
Disclaimer | Forward-looking statements Certain statements in this communication may constitute forward-looking statements. These statements are based on assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks and uncertainties. You should not r
Slide 4: Agenda
Agenda 01 Who we are 02 What makes us unique 03 Path to full value creation 4
Slide 5: 1. Who we are
1. Who we are 5
Slide 6: Westwing key facts
Westwing key facts Listed Founded in since 2018 Based in Serving 1.2 2011 (Frankfurt Prime Munich million active Standard) customers (1) Revenue of Private label Present in AAA Rating EUR 444m business with 22 countries (2) MSCI ESG (4) in 2024 66% GMV share (3) Note: All figures unaudited. (1) As o
Slide 7: Westwing is Europe's leading premium one-stop destination in Home & Living
Westwing is Europe’s leading premium one-stop The Beautiful Living Company destination in Home & Living 7
Slide 8: We sell beautiful Home & Living products to design lovers
We sell beautiful Home & Living products to design lovers 8
Slide 9: Our business model offers a holistic shopping experience across the multitouch customer journey
Our business model offers a holistic shopping experience across the multitouch customer journey Shop Stores Inspiration 9
Slide 10: Westwing offers best-in-class premium services to its customers
Westwing offers best-in-class premium services to its customers, leading to high customer satisfaction Westwing Design Westwing Delivery Westwing Customer Service Service Care 10
Slide 11: Today, Westwing serves customers in 22 countries
We’ve added 10 new countries in 2025 Today, Westwing serves SE FI NO customers in 22 countries, SE DK bringing premium design and NL DK DE PL BE CZ inspirational living to homes FR LU LU CH AT SI HR SK HU RO IT across Europe. PT ES GR 11
Slide 12: The market opportunity is massive
E-commerce market penetration of total market [%] (1) The market opportunity is massive Fashion Global Home & Living market (2) +40% c. EUR 630b Westwing’s Home & Living footprint (2) c. EUR 150b c. 25-30% Source: (1) Statista as of May 12, 2025. (2) Euromonitor International as of May 30, 2022. Sco
Slide 13: 2. What makes us unique
eS ae 2. What mal ane us unique _ ee ees =e Ss
Slide 14: Westwing delivers a unique customer value proposition that establishes a strong competitive moat
Westwing delivers a unique customer value proposition that simultaneously establishes a strong competitive moat 1 2 3 4 5 Strong premium Huge fanbase and Relevant, unique Own private label Renowned 3rd design brand reach content brand, the Westwing party premium Collection brands 14
Slide 15: Westwing combines premium design with iconic brand moments
1 Westwing combines premium design with iconic brand moments that leave a lasting impression 15
Slide 16: Westwing has an unrivaled social media fanbase
2 Westwing has an unrivaled social media fanbase Biggest >13 Home & Living million brand account social media globally on follower (1) Instagram (2) with 8.6m followers >1 million people every day on Instagram (1) Note: All figures unaudited. (1) As of Aug 2025. (2) As of October 2025. 16
Slide 17: We offer Inspiration to our customers with daily sales specials, homestories, and inspiring content
3 We offer Inspiration to our customers with daily sales specials, homestories, and inspiring content 17
Slide 18: Our customers love the Westwing Collection as a premium design brand
4 Our customers love the Westwing Collection as a premium design brand Westwing Collection GMV [in EUR million] Marmorschale Santorini Sofa Lennon FY 2024 EUR 99 EUR 4.599 274m +22% FY 2023: 224m …with high margins for us. Beistelltisch Gigi Retro-Tischlampe Walter Note: All figures unaudited. 18 EU
Slide 19: We collaborate with the best third-party design brands
5 We collaborate with the best third-party design brands for a unique one- stop shop experience 19
Slide 20: 3. Path to full value creation
3. Path to full value creation 20
Slide 21: Our ambition is to be the Superbrand in design
Our ambition is to be the Superbrand in design – the ultimate aspiration in Home & Living 21
Slide 22: We created an ambitious 3-step value creation plan
We created an ambitious 3-step value creation plan and successfully completed the first two phases of it Turnaround & Building a Scaling with Strategy Update Scalable Platform Operating Leverage 2022-2023 2024-2025 2025-202x Profitability Organisational rightsizing Complexity reduction Cost discipli
Slide 23: Transformation and share buybacks significantly increased adjusted earnings per share
Our successful transformation and last year’s share buybacks significantly increased adjusted earnings per share Average number of shares(1) in circulation LTM (last twelve months) [in million, undiluted] 20.2 20.1 20.1 20.0 19.7 19.4 19.1 Earnings per share LTM [in EUR, undiluted] 0.81 0.63 0.43 0.
Slide 24: Share price has only recently begun to reflect some of the progress made
Share price has only recently begun to reflect some of the progress made, but does not yet reflect the full value potential that lies ahead Share price development [in EUR] 60.00 Share Sharepriceprice L12M 50.00 L6M 40.00 +59% +62% 30.00 June 2022: 20.00 Strategy update 10.00 0.00 06/2020 10/2023 10
Slide 25: We are advancing in the third phase of our 3-step plan
We are advancing in the third phase of our 3-step plan to unlock the full value potential of Westwing Turnaround & Building a Scaling with Strategy Update Scalable Platform Operating Leverage 2022-2023 2024-2025 2025-202x Profitability Organisational rightsizing Complexity reduction Cost discipline
Slide 26: Many more to come!
1 Westwing Collection share increase Westwing Collection is growing double digit and reached a 66% GMV share in Q3 2025 Westwing Collection GMV [in EUR million, as % of GMV] 41% 47% 55% +22% 274 +14% 224 197 Q3 2025: 66% GMV share 19% yoy growth FY’22 FY’23 FY’24 Many more to come! Note: All figures
Slide 27: We successfully opened seven offline stores in 2025
2 3 Share gains in existing markets and stronger premium brand positioning We successfully opened seven offline stores in 2025 Standalone stores Hamburg Copenhagen Leipzig Munich Berlin Hamburg Cologne Berlin Leipzig Store-in-stores Dusseldorf Stuttgart Cologne (Breuninger) Paris CZ (Printemps) Stut
Slide 28: In Q3, we already achieved our 2025 objective of 10 new countries
4 Country expansion In Q3, we already achieved our 2025 full-year objective of bringing 10 new countries live SE FI NO Luxembourg Slovenia 02/25 06/25 DK Denmark Norway 03/25 07/25 NL PL BE DE CZ LU Sweden Hungary AT SK 04/25 07/25 FR CH HU SI HR RO IT Croatia Greece 05/25 08/25 ES PT GR Finland Rom
Slide 29: We confirm our guidance for FY 2025
We confirm our guidance for FY 2025 and expect adjusted EBITDA at the upper end FY 2024 Guidance FY 2025 Revenue EUR 444m EUR 425m to 455m (-4% to +2% yoy growth) EUR 25m to 35m Adjusted (+6% to +8% margin) EUR 24m EBITDA Adjusted EBITDA guidance expected at the upper end Enabling double-digit posit
Slide 30: Our ambition is to return to significant growth in 2026
Our ambition is to return to significant growth in 2026 and to progress towards our mid-term adj. EBITDA margin target of 10%+ 2026 ambitions Mid-term adjusted EBITDA [in % of revenue] Upper single to double-digit 2-4% 10%+ growth rate in 2026. 0.5-1% 1-1.5% 2-3% Continued improvement in profitabili
Slide 31: Our current valuation does not reflect the upside potential
Our current valuation does not reflect the upside potential of our 3-step value creation plan Valuation based on 2025 guidance Valuation based on 2026 analyst consensus (2) EV (1) / Revenue 0.5x EV (1) / Revenue 0.4x EV (1) / Adj. EBITDA 6.0x – 8.5x EV (1) / Adj. EBITDA 4.9x Upper end of guidance No
Slide 32: Investment highlights
Investment highlights Unique, Strong High relevant Huge brand with margins and Strong customer market high loyalty operating balance value potential and growth leverage in sheet proposition potential scaling Clear path towards mid-term adjusted EBITDA margin of 10%+ at attractive market valuation. N
Slide 33: Investor Relations Contact
Investor Relations Contact Teresa Fischer Perez-Lozao Director Corporate Finance [email protected] 33

Westwing Group — Investor Presentation (November 2025) on 6ix

Westwing — Investor Presentation (November 2025)

Slide 1: Company presentation

Slide 2: Disclaimer | Forward-looking statements

Slide 3: Copyright © 2025 Westwing. All rights reserved.

Slide 4: Agenda

Slide 5: 1. Who we are

Slide 6: Westwing key facts

Slide 7: Westwing is Europe's leading premium one-stop destination in Home & Living

Slide 8: We sell beautiful Home & Living products to design lovers

Slide 9: Our business model offers a holistic shopping experience across the multitouch customer journey

Slide 10: Westwing offers best-in-class premium services to its customers

Slide 11: Today, Westwing serves customers in 22 countries

Slide 12: The market opportunity is massive

Slide 13: 2. What makes us unique

Slide 14: Westwing delivers a unique customer value proposition that establishes a strong competitive moat

Slide 15: Westwing combines premium design with iconic brand moments

Slide 16: Westwing has an unrivaled social media fanbase

Slide 17: We offer Inspiration to our customers with daily sales specials, homestories, and inspiring content

Slide 18: Our customers love the Westwing Collection as a premium design brand

Slide 19: We collaborate with the best third-party design brands

Slide 20: 3. Path to full value creation

Slide 21: Our ambition is to be the Superbrand in design

Slide 22: We created an ambitious 3-step value creation plan

Slide 23: Transformation and share buybacks significantly increased adjusted earnings per share

Slide 24: Share price has only recently begun to reflect some of the progress made

Slide 25: We are advancing in the third phase of our 3-step plan

Slide 26: Many more to come!

Slide 27: We successfully opened seven offline stores in 2025

Slide 28: In Q3, we already achieved our 2025 objective of 10 new countries

Slide 29: We confirm our guidance for FY 2025

Slide 30: Our ambition is to return to significant growth in 2026

Slide 31: Our current valuation does not reflect the upside potential

Slide 32: Investment highlights

Slide 33: Investor Relations Contact

Slide 34: Copyright © 2025 Westwing. All rights reserved.