2023 Investor Day

GROWTH PLAN 2025: CASH ALLOCATION PLAN FUNDS USAGE Additional debt as of 31/12/2025 Up to 600 M€ Max leverage: 2x Projected Approx. 900 M€ Free Cash Flow Over 4 years 51 Ipsos | 2023 Investor Day 500 to 700 M€ Acquisitions Up to 200 M€ Up to 300 M€ Up to 300 M€ Additional investment CAPEX Dividends 25%-30% of Adjusted EPS Share buybacks 115M€ for employee free shares Up to 185M€ in new buyback program (up to 2%/year of capital) Ipsos

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