Time Junkie Annual Report

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2025 ANNUAL REPORT

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TA B L E O F C O N T E N T S Our Mission | 3 Letter to Shareholders | 5 New Products | 6 New Stores | 8 Expansion A Paris | 10 Giving Back | 12 Financials | 14

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OUR MISSION Time Junkie was founded by

Thus Time Junkie was born.

environmental scientist. Upon

recycled/ found materials. Instead

Harold Kline, the world’s leading

Our clocks are made from 100%

returning to the United States

of being a part of the problem we

after a 4 month study in the Pacific

strive to be a part of the solution.

Ocean, he started a company that

Each clock is unique in its own

would help reduce the amount of

special way. Time Junkie clocks add

junk that goes into our oceans.

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character and flare to any home.

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Time flies over us, but leaves its shadow behind.

–Nathaniel Hawthorne

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LETTER TO SHAREHOLDERS Dear Fellow Shareholders, There are many reasons to invest

has proven resilient, despite

in a company. Some look for

the headwinds we had to face.

returns – for companies built

In Europe the new WLTP test

on solid foundations and with

procedure caused delays in our

healthy prospects. Others look

production schedule. There were

for companies that embrace

shifts in our distribution, above all

responsibility for people and the

in the second half of the year. We

environment. But they all look

have also defined extensive counter

for companies that are valuable,

measures to improve the earnings

that create value and stand for

situation. Appropriate programs are

values. This is the type of company

under way in all the brands. At the

Time Junkie strives to be. We

Time Junkie brand, above all the

therefore align our business to the

objective is to shape the future from

following three pillars: digitalization,

its own resources. At the main store

electrification and an increase in

in Nashville alone, we therefore

shareholder value.

want to increase productivity by 25 percent by 2027.

The 2025 fiscal year has shown that we have added value in spite of the

While I am proud of our team’s

difficult environment. This value is

progress, I am equally pleased

reflected in 10.8 million vehicles

with the company’s outstanding

delivered – more than ever before.

operating performance and the

It is reflected in more than 70 new

momentum we generated during

models launched by our brands.

2025. We saw topline sales and

Operating profit climbed to €17.1

traffic accelerate in both our stores

billion (before special items of €−3.2

and our digital channels throughout

billion). And at 7.3 percent, the

the year. We saw strength across our

operating return on sales before

entire business.

special items was at the upper end

In short, the 2025 result was quite

of the target range.

a feat. I offer my sincerest thanks to

The Group is in a solid financial

our more than 100,000 employees

position. Our operating business

for their commitment!

Harold Kline CEO of Time Junkie

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OUR NEW PRODUCTS

WORLD CLOCK

Many people believe that recycling is the only solution to the trash problem. While recycling can divert Clock face made out of a recycled vinyl record. Hands constructed from recycled plastic bottles.

valuable materials from the landfill, it is one part of an efficient waste management program. Controlling waste, conserving landfill space and improving the environment requires reducing, reusing and recycling. To do your part for the environment, buy products in bulk and those with little or no packaging. Purchase fewer disposable items. Use ceramic

MARBLED CLOCK

mugs, cloth towels and reusable shopping bags. Repair or donate appliances and clothing rather than discarding them. Place recyclables in the blue container, the District is Clock face molded out of resin. Hands constructed from upcycled compass needles.

charged for all recyclables placed in the black trash container. Purchasing Time Junkie’s clocks are just one way you can help the environment. All our clocks are 100% made from recycled materials. Check out some of our new models.

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STEAMPUNK CLOCK

GAME CLOCK

Constructed out of upcycled bike parts. This clock is inspired by the Steampunk genre.

Constructed out of upcycled Dominos. This game clock is perfect for any game room.

PA P E R C L O C K

M E TA L C L O C K

This clock was built with various pieces of found metal. The hands are from a Victorian clock.

This unique clock is made out of tightly rolled up magazines.

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N E W S T O R E L O C AT I O N S W E ’ V E O P E N E D

Savannah, GA

New York City, NY

Savannah’s colorful, funky vibe is reflected in this new

The New York City location’s large window, modeled

location that opened this year.

after the Orsay Museum in Paris, offers a spectacular view of Manhattan.

60%

2025 Store Openings

of new stores expand by their fourth year

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IN 2025

Washington D.C. Our nation’s capitol is sprinkled with white monuments which is why our new D.C. location is has exposed white brick and a classic chic look.

FUTURE STORE OPENINGS East Coast

Midwest

West Coast

Philadelphia, PA

Indianapolis, IN

Los Angeles, CA

Baltimore, MD

St. Louis, MO

San Diego, CA

Boston, MA

Chicago, IL

Portland, OR

Providence, RI

Cincinnati, OH

Seattle, WA

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10% of revenue from each store goes to the EPA

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E X PA N S I Ò N À PA R I S With so much success in the United

our founder, Harold Kline, wanted

States, Time Junkie has decided to

to reach a whole new audience. His

expand beyond the old Uncle Sam.

favorite place to travel has always

Due to its progressiveness in taste and

been Paris and his inspiration for Time

environmentalism, Paris was the natural

Junkie was sparked by the large clock

choice for our first international location.

at his favorite art museum, the Musè

Our first store location and headquarters was opened in Nashville, Tennessee.

De Orsay. So he split his time between Tennessee and Paris to open up this store.

After sprawling across the East Coast,

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Mexico

France

% OF RECYCLED WASTE

Recycled Waste by Country

0

Austria United States Greece Germany COUNTRIES

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The New Paris Storefront

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Time spent among trees is never wasted.

– Katrina Mayer

H E L P I N G O U R E M P L OY E E S T O G I V E B AC K

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At Time Junkie, we are very

but we also want to make world

We get our saplings from the local

committed to making the world a

more beautiful with nature. Our

gardeners and plant them in areas

healthier, happier place. Which is

employees enjoy this opportunity

around each store location where

why every year, on Earth day, our

to give back; they feel like they are

trees are sparse. All of our stores are

employees give back to the earth

contributing to the greater good.

located in urban areas so more plant

by planting trees and plants around

life is always needed. They provide

the community. We not only strive to

beauty and oxygen to each city that

beautify the homes of our customers

our retail locations occupy.

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TREES ARE OUR FRIENDS An average size tree

produces enough

oxygen in one year to keep a family of four breathing.

Three trees planted

in the right place

around buildings can cut air-conditioning costs up to 50%.

Houses surrounded

by trees sell for

18-25% higher than

houses with no trees.

TO THE COMMUNITY Time Junkie corporate employees hard at work.

By planting 20

million trees, the

earth and its people

will be provided with 260 million more

tons of oxygen.

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A Y E A R I N R E V I E W: F I N A N C I A L S Total revenue of $17.8 billion

grew 49 percent and contributed 1.9

As of the end of the third quarter,

increased 5.6 percent from $16.9

percentage points of comparable

the Company had approximately

billion last year, reflecting sales

sales growth. Operating income was

$1.8 billion of remaining capacity

growth of 5.7 percent and other

$819 million in third quarter 2018,

under its current $5 billion share

revenue growth of 1.6 percent. Third

down 3.3 percent from $847 million

repurchase program, reflecting

quarter sales growth included a

in 2025. Third quarter operating

third quarter purchases and an

5.1 percent increase in comparable

income margin rate was 4.6 percent,

accelerated share repurchase

sales and a 0.6 percentage point

compared with 5.0 percent in 2024.

transaction which will settle in the

contribution from non-mature stores.

Third quarter gross margin rate was

fourth quarter.

Comparable digital channel sales

28.7 percent.

Operating Income 2024 By State

Operating Income 2025 By State

8.

8.

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68 62

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$ IN MILLIONS

$ IN MILLIONS

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TN 14

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GA

NY

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GA

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2025

2024

2023

2022

$71,867

$69,445

$ 73,785

$ 71,045

Cost of Sales

51,120

49,149

52,097

50,235

Gross Margin

20,754

20,346

21,554

21,085

785

1,004

986

882

2,928

2,928

3,321

1,056

$2,934

$2,737

$3,363

$2,125

$5.35

$4.62

$5.29

$3.86

0.01

0.12

0.07

(6.44)

$5.36

$4.74

$5.35

$(2.58)

F I N A N C I A L R E S U LT S Sales

Net Interest Expense Net Earnings from Continuing Operations Net Earnings

PER SHARE Continuing Operations Discontinued Operations Net earnings / (loss) per share

S AT I S F I E D C U S T O M E R S

ONLINE SALES

NEW MODELS

Our customers are the happiest

Time Junkie saw an 45%

20% of our new models have

consumers in the country.

increase in online sales in 2025.

yet to go into mass production.

20%

Models not in production

Unsatisfied Customers

45%

Increase in Online Sales

95%

In-store Sales

Models in mass Production

Satisfied Customers

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1300 Clinton St Nashville, TN 37203 timejunkie.com

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