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Dassault Syst猫mes: Q2 well aligned with objectives; Reaffirming 2025 growth outlook Advancing AI for software-defined industries

Press Release

VELIZY-VILLACOUBLAY, France 鈥� July 24, 2025

Dassault Syst猫mes: Q2 well aligned with objectives; Reaffirming 2025 growth outlook

Advancing AI for software-defined industries

(Euronext Paris: FR0014003TT8, DSY.PA) today reports its IFRS unaudited estimated financial results for the second quarter 2025 and first half ended June 30, 2025. The Group鈥檚 Board of Directors approved these estimated results on July 23, 2025. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix.

Summary Highlights¹听听

(unaudited, IFRS and non-IFRS unless otherwise noted,
all growth rates in constant currencies)

• 2Q25: Total revenue of 鈧�1.52 billion, up 6%, well aligned with objectives;
• 2Q25: Software revenue up 6%, driven by subscription revenue up 10%;
• 2Q25: 3DEXPERIENCE software revenue up 20% with good dynamics across industries;
• 2Q25: Operating margin of 29.3% and diluted EPS non-IFRS up 4% to 鈧�0.30;
• For the first six months, recurring revenue up 7% driven by subscription growth of 13%;
• FY25: Reaffirming non-IFRS full-year objectives with total revenue growth of 6% to 8% and diluted EPS growth of 7% to 10%.

Dassault Syst猫mes鈥� Chief Executive Officer Commentary

Pascal Daloz, Dassault Syst猫mes鈥� Chief Executive Officer, commented:

鈥淭he first half of the year reaffirmed the strength of our core Manufacturing sector, with resilient performance in Transportation & Mobility and strong growth in High-Tech. Aerospace & Defense also had an excellent start, with notable engagement at the Paris Air Show, underscoring our leadership in these strategic areas. In Life Sciences, our PLM solutions are playing more and more a critical role in driving the evolution toward smarter manufacturing and agile supply chains.

As we look to the future, Dassault Syst猫mes is uniquely positioned to help clients navigate the increasingly complex and dynamic global landscape. Our focus on high-growth segments, particularly Space, Defense, Energy, and AI-driven cloud infrastructure, places us at the core of sovereignty and security challenges.

With the introduction of 3D UNIV+RSES, presented at our Capital Markets Day, we are entering new high-value territories such as regulatory and compliance management. AI will be a key enabler in these areas, and early customer feedback has been exceptionally promising. With AI for software-defined industries, we are confident that our continued innovation will unlock new levels of value for our clients, reinforcing our role as a trusted partner in their transformation journeys.鈥�

Dassault Syst猫mes鈥� Chief Financial Officer Commentary

(revenue and diluted EPS (鈥淓PS鈥�) growth rates in constant currencies,
data on a non-IFRS basis)

Rouven Bergmann, Dassault Syst猫mes鈥� Chief Financial Officer, commented:

鈥淚n Q2, both total and software revenues grew by 6%, in line with our objectives. Year-to-date, we鈥檝e seen a 5% increase in growth, with subscription rising 13%. Our performance across the Manufacturing sector has been resilient, particularly driven by the continued strength of SIMULIA, ENOVIA, and CATIA.

On the operational front, we remain committed to strategic investments aimed at capturing long-term value, while protecting EPS. The acquisition of Ascon is a key step in accelerating the shift to software-defined manufacturing.

Looking ahead, we maintain our outlook for full-year revenue growth between 6-8%, with EPS growth expected to range from 7-10%. Additionally, we鈥檝e updated our currency assumptions for the second half of the year."

Financial Summary

Second Quarter 2025 Versus 2024 Financial Comparisons

(unaudited, IFRS and non-IFRS unless otherwise noted,
all revenue growth rates in constant currencies)

• Total Revenue: Total revenue in the second quarter grew 5% in IFRS and 6% in non-IFRS, to 鈧�1.52 billion, and software revenue increased by 6% to 鈧�1.37 billion. Subscription & support revenue rose 6%; recurring revenue represented 80% of software revenue. Licenses and other software revenue rose 5% to 鈧�276 million. Services revenue increased 3% to 鈧�149听million, during the quarter.
  
  
• Software Revenue by Geography: The Americas revenue increased by 2% to represent 37% of software revenue, with High-Tech and Industrial Equipment performing well. Europe grew by 10% to 39% of software revenue, reflecting an acceleration led by France and Southern Europe. In Asia, revenue rose 6% with strong double-digit growth in China. Asia represented 24% of software revenue at the end of the second quarter.
  
  
• Software Revenue by Product Line:
  
  
  • Industrial Innovation software revenue rose 9% to 鈧�745 million. SIMULIA, CATIA and ENOVIA were the best contributors to growth. Industrial Innovation software represented 54% of software revenue, during the period.
    
    
  • Life Sciences software revenue was flat at 鈧�268 million, to account for 20% of software revenue.
    
    
  • Mainstream Innovation software revenue increased by 3% to 鈧�360 million in IFRS, and was up 4% to 鈧�361 million in non-IFRS, represented 26% of software revenue. SOLIDWORKS had a strong subscription growth, advancing its business model shift.
    
    
• Software Revenue by Industry: Industrial Equipment, High Tech, Transportation & Mobility and Aerospace & Defense were the best contributors to growth this quarter. In Life Sciences, Dassault Syst猫mes鈥� PLM solutions are playing more and more a critical role in driving the evolution toward smarter manufacturing and agile supply chains. In fact, outside of the MEDIDATA product line, Life Sciences revenue grew mid-teens.
  
  
• Key Strategic Drivers: 3DEXPERIENCE software revenue increased 20% and represented 41% of 3DEXPERIENCE Eligible software revenue. Cloud software revenue grew 6% in non-IFRS, representing 25% of software revenue during the period. 3DEXPERIENCE Cloud software revenue increased 15% in constant currencies.
  
  
• Operating Income and Margin: IFRS operating income decreased 12%, to 鈧�242 million, as reported. Non-IFRS operating income decreased 0.4% at 鈧�446 million, as reported. The IFRS operating margin stood at 15.9% compared to 18.4% in the second quarter of 2024, mainly reflecting the effect of the employee shareholding plan 鈥淭OGETHER 2025鈥� offered during the quarter. The non-IFRS operating margin totaled 29.3%, versus 29.9% in the same period of last year, with a negative currency impact of 50 basis points.
  
  
• Earnings per Share: IFRS diluted EPS was 鈧�0.17, decreasing 19% as reported. Non-IFRS diluted EPS grew to 鈧�0.30, down 1% as reported, up 4% in constant currencies.
  
  

First Half 2025 Versus 2024 Financial Comparisons

(unaudited, IFRS and non-IFRS unless otherwise noted,
all revenue growth rates in constant currencies)

• Total Revenue: Total revenue grew 4% to 鈧�3.09 billion in IFRS, and was up 5% to 鈧�3.10 billion in non-IFRS. Software revenue increased 5% to 鈧�2.81 billion. Subscription and support revenue rose 7% to 鈧�2.33听billion; recurring revenue represented 83% of total software revenue. Licenses and other software revenue decreased 2% to 鈧�474 million. Services revenue was down 2% to 鈧�289 million.
  
  
• Software Revenue by Geography: The Americas, Europe and Asia all grew 5%, representing respectively 40%, 37% and 23% of software revenue.
  
  
• Software Revenue by Product Line:
  
  
  • Industrial Innovation software revenue rose 8% to 鈧�1.54 billion and represented 55% of software revenue. CATIA, SIMULIA and ENOVIA were among the strongest contributors to growth.
    
    
  • Life Sciences software revenue was flat to 鈧�561 million, representing 20% of software revenue.
    
    
  • Mainstream Innovation software revenue increased by 3% to 鈧�707 million in IFRS and to 鈧�708 million in non-IFRS. Mainstream Innovation represented 25% of software revenue.

• Software Revenue by Industry: Aerospace & Defense, High Tech, Industrial Equipment and Transport & Mobility were among the strongest contributors to growth. In Life Sciences, Dassault Syst猫mes鈥� PLM solutions are playing more and more a critical role in driving the evolution toward smarter manufacturing and agile supply chains. In fact, outside of the MEDIDATA product line, Life Sciences revenue grew mid-teens.
  
  
• Key Strategic Drivers: 3DEXPERIENCE software revenue increased by 19%, representing 40% of 3DEXPERIENCE Eligible software revenue. Cloud software revenue grew 7% in non-IFRS, and represented 25% of software revenue. 3DEXPERIENCE Cloud software revenue increased 26% in constant currencies.
  
  
• Operating Income and Margin: IFRS operating income was down 9%, to 鈧�546 million, as reported. Non-IFRS operating income increased 2% to 鈧�932 million, as reported. IFRS operating margin totaled 17.6% compared to 20% for the same period in 2024, mainly reflecting the combined effect of the employee shareholding plan 鈥淭OGETHER 2025鈥� and higher share-based compensation related social charges, notably in France, where the rate rose from 20% to 30% in the first half of 2025. Non-IFRS operating margin stood at 30.1% in the first half of 2025, compared to 30.5% in the same period last year, impacted by negative currency effect of 30 basis points.
  
  
• Earnings per Share: IFRS diluted EPS was 鈧�0.37, a decrease of 14% as reported. Non-IFRS diluted EPS grew by 2% to 鈧�0.61, as reported, or 5% in constant currencies.
  
  
• Cash Flow from Operations (IFRS): Cash flow from operations totaled 鈧�1.15 billion for the first six months of 2025, compared to 鈧�1.13 billion last year. Cash flow from operations was principally used for the acquisition of ContentServ for 鈧�202 million, repurchase of Treasury Shares for 鈧�225 million and dividend payments for 鈧�343 million.
  
  
• Balance Sheet (IFRS): Dassault Syst猫mes鈥� net financial position totaled 鈧�1.51 billion as of June 30, 2025, an increase of 鈧�0.05 billion, compared to 鈧�1.46 billion for the year ended December 31,听2024. Cash and cash equivalents totaled 鈧�4.08听billion in the first half.
  
  

Financial Objectives for 2025

Dassault Syst猫mes鈥� third quarter and 2025 financial objectives presented below are given on a non-IFRS basis and reflect the principal 2025 currency exchange rate assumptions for the US dollar and Japanese yen as well as the potential impact from additional non-Euro currencies:

These objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below.

The 2025 non-IFRS financial objectives set forth above do not take into account the following accounting elements below and are estimated based upon the 2025 principal currency exchange rates above: contract liabilities write-downs estimated at approximately 鈧�4 million; share-based compensation expenses, including related social charges, estimated at approximately 鈧�324听million (these estimates do not include any new stock option or share grants issued after June 30, 2025); amortization of acquired intangibles and of tangibles reevaluation, estimated at approximately 鈧�336听million, largely impacted by the acquisition of MEDIDATA; and lease incentives of acquired companies at approximately 鈧�1 million.

The above objectives also do not include any impact from other operating income and expenses, net principally comprised of acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; from one-time items included in financial revenue; from one-time tax effects; and from the income tax effects of these non-IFRS adjustments. Finally, these estimates do not include any new acquisitions or restructuring completed after June听30,听2025.

Corporate Announcements

• July 2, 2025:
  
  
• June 26, 2025:
  
  
• June 26, 2025:
  
  
• June 17, 2025:
  
  
• June 12, 2025:
  
  
• June 6, 2025:
  
  
• June 5, 2025:
  
  
• May 29, 2025:
  
  
• May 20, 2025:
  
  
• April 24, 2025:
  
  

Today鈥檚 Webcast and Conference Call Information

Today, Thursday, July 24, 2025, Dassault Syst猫mes will host in Paris a webcasted presentation at 9:00 AM London Time / 10:00 AM Paris time, and will then host a conference call at 8:30 AM New听York time / 1:30 PM London time / 2:30 PM Paris time. The webcasted presentation and conference calls will be available online by accessing investor.3ds.com.

Additional investor information is available at investor.3ds.com or by calling Dassault Syst猫mes鈥� Investor Relations at +33.1.61.62.69.24.

Investor Relations Events

• Third Quarter 2025 Earnings Release: October 23, 2025
• Fourth Quarter 2025 Earnings Release: February 11, 2026
• First Quarter 2026 Earnings Release: April 23, 2026
• Second Quarter 2026 Earnings Release: July 23, 2026

Forward-looking Information

Statements herein that are not historical facts but express expectations or objectives for the future, including but not limited to statements regarding the Group鈥檚 non-IFRS financial performance objectives are forward-looking statements. Such forward-looking statements are based on Dassault Syst猫mes management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results or performances may differ materially from those in such statements due to a range of factors.

The Group鈥檚 actual results or performance may be materially negatively affected by numerous risks and uncertainties, as described in the 鈥淩isk Factors鈥� section 1.9 of the 2024 Universal Registration Document (鈥楧ocument d'enregistrement universel鈥�) filed with the AMF (French Financial Markets Authority) on March 18, 2025, available on the Group鈥檚 website .

In particular, please refer to the risk factor 鈥淯ncertain Global Environment鈥� in section 1.9.1.1 of the 2024 Universal Registration Document set out below for ease of reference:

鈥淚n light of the uncertainties regarding economic, business, social, health and geopolitical conditions at the global level, Dassault Syst猫mes鈥� revenue, net earnings and cash flows may grow more slowly, whether on an annual or quarterly basis, mainly due to the following factors:

• the deployment of Dassault Syst猫mes鈥� solutions may represent a large portion of a customer鈥檚 investments in software technology. Decisions to make such an investment are impacted by the economic environment in which the customers operate. Uncertain global geopolitical, economic and health conditions and the lack of visibility or the lack of financial resources may cause some customers, e.g. within the automotive, aerospace, energy or natural resources industries, to reduce, postpone or cancel their investments, or to reduce or not renew ongoing paid maintenance for their installed base, which impact larger customers鈥� revenue with their respective sub-contractors;
• the political, economic and monetary situation in certain geographic regions where Dassault Syst猫mes operates could become more volatile and negatively affect Dassault Syst猫mes鈥� business, and in particular its revenue, for example, due to stricter export compliance rules or the introduction of new customs barriers or controls on the exchange of goods and services;
• continued pressure or volatility on raw materials and energy prices could also slow down Dassault Syst猫mes鈥� diversification efforts in new industries;
• uncertainties regarding the extent and duration of costs inflation could adversely affect the financial position of Dassault Syst猫mes; and
• the sales cycle of the Dassault Syst猫mes鈥� products 鈥� already relatively long due to the strategic nature of such investments for customers 鈥� could further lengthen.
  
  

The occurrence of crises 鈥� health and political crises in particular 鈥� could have consequences both for the health and safety of Dassault Syst猫mes鈥� employees and for the Company. It could also adversely impact the financial situation or financing and supply capabilities of Dassault Syst猫mes鈥� existing and potential customers, commercial and technology partners, some of whom may be forced to temporarily close sites or to cease operations. A deteriorating economic environment could generate increased price pressure and affect the collection of receivables, which would negatively affect Dassault Syst猫mes鈥� revenue, financial performance and market position.

Dassault Syst猫mes makes every effort to take into consideration this uncertain outlook. Dassault Syst猫mes鈥� business results, however, may not develop as anticipated. Furthermore, due to factors affecting sales of Dassault Syst猫mes鈥� products and services, there may be a substantial time lag between an improvement in global economic and business conditions and an upswing in the Company鈥檚 business results.鈥�

In preparing such forward-looking statements, the Group has in particular assumed an average US dollar to euro exchange rate of US$1.17 per 鈧�1.00 as well as an average Japanese yen to euro exchange rate of JPY170.0 to 鈧�1.00, before hedging for the third quarter 2025. The Group has assumed an average US dollar to euro exchange rate of US$1.13 per 鈧�1.00 as well as an average Japanese yen to euro exchange rate of JPY166.1 to 鈧�1.00, before hedging for the full year 2025. However, currency values fluctuate, and the Group鈥檚 results may be significantly affected by changes in exchange rates.

Non-IFRS Financial Information

Readers are cautioned that the supplemental non-IFRS financial information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered in isolation from or as a substitute for IFRS measurements. The supplemental non-IFRS financial information should be read only in conjunction with the Company鈥檚 consolidated financial statements prepared in accordance with IFRS. Furthermore, the Group鈥檚 supplemental non-IFRS financial information may not be comparable to similarly titled 鈥渘on-IFRS鈥� measures used by other companies. Specific limitations for individual non-IFRS measures are set forth in the Company鈥檚 2024 Universal Registration Document filed with the AMF on March 18, 2025.

In the tables accompanying this press release the Group sets forth its supplemental non-IFRS figures for revenue, operating income, operating margin, net income and diluted earnings per share, which exclude the effect of adjusting the carrying value of acquired companies鈥� deferred revenue, share-based compensation expense and related social charges, the amortization of acquired intangible assets and of tangibles reevaluation, certain other operating income and expense, net, including impairment of goodwill and acquired intangibles, the effect of adjusting lease incentives of acquired companies, certain one-time items included in financial revenue and other, net, and the income tax effect of the non-IFRS adjustments and certain one-time tax effects. The tables also set forth the most comparable IFRS financial measure and reconciliations of this information with non-IFRS information.

FOR MORE INFORMATION

Dassault Syst猫mes鈥� 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions:

ABOUT DASSAULT SYST脠MES

Dassault Syst猫mes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Syst猫mes鈥� 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact.
For more information, visit .

Dassault Syst猫mes Investor Relations Team听听听听听听听听听听听听听听听听FTI Consulting

Beatrix Martinez: +33 1 61 62 40 73听听听听听听听听听听听听听听听听听听听听听听听听Arnaud de Cheffontaines: +33 1 47 03 69 48

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Jamie Ricketts听: +44 20 3727 1600

Dassault Syst猫mes Press Contacts

Corporate / France听听听听听听听听Arnaud MALHERBE听听听听听听听听听听听听听听听听+33 (0)1 61 62 87 73

漏 Dassault Syst猫mes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Syst猫mes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Syst猫mes or its subsidiaries trademarks is subject to their express written approval.

APPENDIX TABLE OF CONTENTS

Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.听听听听

Glossary of Definitions

Non-IFRS Financial Information

Acquisitions and Foreign Exchange Impact

Condensed consolidated statements of income

Condensed consolidated balance sheet

Condensed consolidated cash flow statement

IFRS 鈥� non-IFRS reconciliation

DASSAULT SYST脠MES - Glossary of Definitions

Information in Constant Currencies

Dassault Syst猫mes has followed a long-standing policy of measuring its revenue performance and setting its revenue objectives exclusive of currency in order to measure in a transparent manner the underlying level of improvement in its total revenue and software revenue by activity, industry, geography and product lines. The Group believes it is helpful to evaluate its growth exclusive of currency impacts, particularly to help understand revenue trends in its business. Therefore, the Group provides percentage increases or decreases in its revenue and expenses (in both IFRS and non-IFRS) to eliminate the effect of changes in currency values, particularly the U.S. dollar and the Japanese yen, relative to the euro. When trend information is expressed "in constant currencies", the results of the "prior" period have first been recalculated using the average exchange rates of the comparable period in the current year, and then compared with the results of the comparable period in the current year.

While constant currency calculations are not considered to be an IFRS measure, the Group believes these measures are critical to understanding its global revenue results and to compare with many of its competitors who report their financial results in U.S. dollars. Therefore, Dassault Syst猫mes includes this calculation to compare IFRS and non-IFRS revenue figures for comparable periods. All information at constant currencies is expressed as a rounded percentage and therefore may not precisely reflect the absolute figures.

Information on Growth excluding acquisitions (鈥渙rganic听growth鈥�)

In addition to financial indicators relating to the Group鈥檚 entire scope, Dassault Syst猫mes also provides growth information excluding acquisitions鈥� effects, and named organic growth. To do so, the Group鈥檚 data is restated to exclude acquisitions, from the date of the transaction, over a period of 12 months.

Information on Industrial Sectors

Dassault Syst猫mes provides broad end-to-end software solutions and services: its 3D UNIV+RSES (made of multiple virtual twin experiences) powered by the 3DEXPERIENCE platform combine modeling, simulation, data science, artificial intelligence and collaborative innovation to support companies in the three sectors it serves, namely Manufacturing Industries, Life Sciences & Healthcare, and Infrastructure & Cities.

These three sectors comprise twelve industries:

• Manufacturing Industries: Transportation & Mobility; Aerospace & Defense; Marine & Offshore; Industrial Equipment; High-Tech; Home & Lifestyle; Consumer Packaged Goods - Retail. In Manufacturing Industries, Dassault Syst猫mes helps customers virtualize their operations, improve data sharing and collaboration across their organization, reduce costs and time-to-market, and become more sustainable;
• Life Sciences & Healthcare: Life Sciences & Healthcare. In this sector, the Group aims to address the entire cycle of the patient journey to lead the way toward precision medicine. To reach the broader healthcare ecosystem from research to commercial, the Group鈥檚 solutions connect all elements from molecule development to prevention to care, and combine new therapeutics, medical practices, and Medtech;
• Infrastructure & Cities: Infrastructure, Energy & Materials; Architecture, Engineering & Construction; Business Services; Cities & Public Services. In Infrastructure & Cities, the Group supports the virtualization of the sector in making its industries more efficient and sustainable, and creating desirable living environments.
  
  

Information on Product Lines

The Group鈥檚 financial reporting on product lines includes the following information:

• Industrial Innovation software revenue, which includes CATIA, ENOVIA, SIMULIA, DELMIA, GEOVIA, NETVIBES, and 3DEXCITE brands;
• Life Sciences software revenue, which includes MEDIDATA and BIOVIA brands;
• Mainstream Innovation software revenue, which includes its CENTRIC PLM and 3DVIA brands, as well as the SOLIDWORKS brand and its expanded offerings in design, simulation, PLM, and manufacturing.
  
  

OUTSCALE has been a Dassault Syst猫mes brand since 2022, extending the portfolio of software applications. As the first sovereign and sustainable operator on the cloud, OUTSCALE enables governments and corporations from all sectors to achieve digital autonomy through a Cloud experience and with a world-class cyber governance.

GEOs

Eleven GEOs are responsible for driving the development of the Company鈥檚 business and implementing its customer鈥慶entric engagement model. Teams leverage strong networks of local customers, users, partners, and influencers.

These GEOs are structured into three groups:

• the 鈥淎mericas鈥� group, made of two GEOs;
• the 鈥淓urope鈥� group, comprising Europe, Middle East and Africa (EMEA) and made of four GEOs;
• the 鈥淎sia鈥� group, comprising Asia and Oceania and made of five GEOs.
  
  

3DEXPERIENCE Software Contribution

To measure the relative share of 3DEXPERIENCE software in its revenues, Dassault Syst猫mes calculates the percentage contribution by comparing total 3DEXPERIENCE software revenue to software revenue for all product lines except SOLIDWORKS, MEDIDATA, CENTRIC PLM and other acquisitions (defined as 鈥�3DEXPERIENCE Eligible software revenue鈥�).

Cloud revenue

Cloud revenue is generated from contracts that provide access to cloud-based solutions (SaaS), infrastructure as a service (IaaS), cloud solution development and cloud managed services. These offerings are delivered by Dassault Syst猫mes through its own cloud infrastructure or by third-party cloud providers. They are available through different deployment methods: Dedicated cloud, Sovereign cloud and International cloud. Cloud solutions are generally offered through subscription-based models or perpetual licenses with support and hosting services.

DASSAULT SYST脠MES

NON-IFRS FINANCIAL INFORMATION

(unaudited; in millions of Euros, except per share data, percentages, headcount and exchange rates)

Non-IFRS key figures exclude the effects of adjusting the carrying value of acquired companies鈥� contract liabilities (deferred revenue), share-based compensation expense, including related social charges, amortization of acquired intangible assets and of tangible assets revaluation, lease incentives of acquired companies, other operating income and expense, net, including the acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets, certain one-time items included in financial loss, net, certain one-time tax effects and the income tax effects of these non-IFRS adjustments.

Comparable IFRS financial information and a reconciliation of the IFRS and non-IFRS measures are set forth in the separate tables within this Attachment.

DASSAULT SYST脠MES

ACQUISITIONS AND FOREIGN EXCHANGE IMPACT

(unaudited; in millions of Euros)

DASSAULT SYST脠MES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(unaudited; in millions of Euros, except per share data and percentages)

听听听听听听听听⁽¹⁾ Excluding amortization of acquired intangible assets and of tangible assets revaluation.

听听听听听听听听听听听听听听听听⁽²⁾ Variation compared to the same period in the prior year.

DASSAULT SYST脠MES

CONDENSED CONSOLIDATED BALANCE SHEET

(unaudited; in millions of Euros)

DASSAULT SYST脠MES

CONDENSED CONSOLIDATED CASH FLOW STATEMENT

(unaudited; in millions of Euros)

DASSAULT SYST脠MES
SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
IFRS 鈥� NON-IFRS RECONCILIATION
(unaudited; in millions of Euros, except per share data and percentages)

Readers are cautioned that the supplemental non-IFRS information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Group鈥檚 supplemental non-IFRS financial information may not be comparable to similarly titled 鈥渘on-IFRS鈥� measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Group鈥檚 Document d鈥橢nregistrement Universel for the year ended December 31, 2024 filed with the AMF on March 18, 2025. To compensate for these limitations, the supplemental non-IFRS financial information should be read not in isolation, but only in conjunction with the Group鈥檚 consolidated financial statements prepared in accordance with IFRS.

⁽¹⁾ In the reconciliation schedule above, (i) all adjustments to IFRS revenue data reflect the exclusion of the effect of adjusting the carrying value of acquired companies鈥� contract liabilities (deferred revenue); (ii) adjustments to IFRS operating expense data reflect the exclusion of the amortization of acquired intangible assets and of tangible assets revaluation, share-based compensation expense, including related social charges, lease incentives of acquired companies, as detailed below, and other operating income and expense, net including acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; (iii) adjustments to IFRS financial loss, net reflect the exclusion of certain one-time items included in financial loss, net, and; (iv) all adjustments to IFRS income data reflect the combined effect of these adjustments, plus with respect to net income and diluted earnings per share, certain one-time tax effects and the income tax effect of the non-IFRS adjustments.

⁽²⁾ The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods. In the event there is non-IFRS adjustment to the relevant measure for only one of the periods under comparison, the non-IFRS increase (decrease) compares the non-IFRS measure to the relevant IFRS measure.
⁽³⁾ Based on a weighted average 1,324.4 million diluted shares for Q2 2025 and 1,326.2 million diluted shares for Q2 2024, and, for IFRS only, a diluted net income attributable to the sharehorlders of 鈧� 223.5 million for Q2 2025 (鈧� 276.7 million for Q2 2024). The Diluted net income attributable to equity holders of the Group corresponds to the Net Income attributable to equity holders of the Group adjusted by the impact of the share-based compensation plans to be settled either in cash or in shares at the option of the Group.

DASSAULT SYST脠MES
SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
IFRS 鈥� NON-IFRS RECONCILIATION
(unaudited; in millions of Euros, except per share data and percentages)

Readers are cautioned that the supplemental non-IFRS information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Group鈥檚 supplemental non-IFRS financial information may not be comparable to similarly titled 鈥渘on-IFRS鈥� measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Group鈥檚 Document d鈥橢nregistrement Universel for the year ended December 31, 2024 filed with the AMF on March 18, 2025. To compensate for these limitations, the supplemental non-IFRS financial information should be read not in isolation, but only in conjunction with the Group鈥檚 consolidated financial statements prepared in accordance with IFRS.

⁽¹⁾ In the reconciliation schedule above, (i) all adjustments to IFRS revenue data reflect the exclusion of the effect of adjusting the carrying value of acquired companies鈥� contract liabilities (deferred revenue); (ii) adjustments to IFRS operating expense data reflect the exclusion of the amortization of acquired intangible assets and of tangible assets revaluation, share-based compensation expense, including related social charges, lease incentives of acquired companies, as detailed below, and other operating income and expense, net including acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; (iii) adjustments to IFRS financial loss, net reflect the exclusion of certain one-time items included in financial loss, net, and; (iv) all adjustments to IFRS income data reflect the combined effect of these adjustments, plus with respect to net income and diluted earnings per share, certain one-time tax effects and the income tax effect of the non-IFRS adjustments.

⁽²⁾ The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods. In the event there is non-IFRS adjustment to the relevant measure for only one of the periods under comparison, the non-IFRS increase (decrease) compares the non-IFRS measure to the relevant IFRS measure.
⁽³⁾ Based on a weighted average 1,325.7 million diluted shares for YTD 2025 and 1,328.7 million diluted shares for YTD 2024, and, for IFRS only, a diluted net income attributable to the sharehorlders of 鈧� 484.0 million for YTD 2025 (鈧� 562.3 million for YTD 2024). The Diluted net income attributable to equity holders of the Group corresponds to the Net Income attributable to equity holders of the Group adjusted by the impact of the share-based compensation plans to be settled either in cash or in shares at the option of the Group.

1 IFRS figures for 2Q25: Total revenue of 鈧�1.52 billion, up 5%, and subscription revenue up 9%; Operating margin of 15.9% and diluted EPS of 鈧�0.17; IFRS figures for YTD25: total revenue of 鈧�3.09 billion, subscription revenue up 12%; Operating margin of 17.6% and diluted EPS of 鈧�0.37.听听

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