PRESS RELEASE




Ecully, October 14, 2025 – 6:30 p.m.



Revenue growth in the third quarter

Change
In thousands of euros 2025 2024
as a %

Q3 revenue 3,045 2,575 +18%

Q2 revenue 2,745 3,465 -21%

Q1 revenue 2,828 3,070 -8%

9M revenue 8,618 9,110 -5%
Unaudited consolidated data



The Spineway Group, a specialist in innovative implants for the treatment of severe spine
disorders, benefited, in line with its expectations, from a deferral of orders from major
accounts to the third quarter of 2025 and generated revenue of €3.0 million over the period,
up from €2.6 million for the same period last year (+18%).

The Premium ranges were the main driver of this acceleration in sales, bringing nine-month
revenue to €8.6 million (-5% vs 9M 2024) and offsetting much of the shortfall observed at the
beginning of the year, despite supply chain issues with certain subcontractors.

In Q3 2025, Latin America (+55%) and Asia (+23%) remained the Group’s most dynamic
regions. Export sales (80% of consolidated revenue for Q3 2025) were boosted by the
ongoing restructuring of the distributor network, with leading players interested in the success
of the Group’s Premium ranges.

These positive developments reinforce the Group’s strategic objective of becoming a
globally recognized player in less invasive spine treatments.



Next event:

January 13, 2026 – 2025 revenue




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PRESS RELEASE



About Spineway
Spineway designs, manufactures and markets innovative implants and surgical instruments
for treating severe disorders of the spinal column.

Spineway has an international network of over 50 independent distributors and more than
70% of its revenue comes from exports.


Spineway is eligible for the PEA-PME (equity savings plans for SMEs)

Listing venue: Euronext Growth Paris
ISIN: FR001400N2P2
Ticker: ALSPW

Find out all about Spineway at www.spineway.com




Contacts:

Spineway
Shareholder-services line
Available Tuesday through Thursday (10 a.m.-12 midday)
08 06 70 60 60

Aelium
Investor relations
Solène Kennis
spineway@aelium.fr
This press release has been prepared in both English and French. In case of discrepancies, the French version shall prevail.




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