Deezer Release Notes

CONTINUED STRONG MOMENTUM IN DIRECT SUBSCRIBERS

• Direct subscribers in France grew +9.1%, driven by a well-balanced combination of strong brand positioning, targeted promotional offers and sustained marketing investments;
• Direct subscribers in RoW increased by +8.7%, reflecting solid organic traction and selected profitable marketing investments in key markets;
• Partnerships subscribers amounted to 3.2 million in Q1 2026, down (23.0)% year-on-year, reflecting the expected run-off of the Mercado Libre deal. Ramp up ongoing across recently signed deals (including Telenor, Molotov, Norlys, Fitness Park, Chippu, EDF). Partnership ARPU increasing by 11.8% supported by an improved mix.

Q1 2026 REVENUE IN LINE WITH MANAGEMENT EXPECTATIONS

• Q1 2026 revenue of €131.9 million; (1.6)% YoY and (0.9)% at constant currency;
• France revenue grew +4.2%, driven by continued momentum in Direct subscribers;
• Rest of World revenue declined (10.0)% year-on-year (or (8.3)% at constant currency), primarily due to the expected run-off of the Mercado Libre deal.

CONTINUED PROGRESS ACROSS ALL STRATEGIC PRIORITIES, INCLUDING AI MONETIZATION

• Execution of a licensing agreement for Deezer’s AI detection tool, marking a step in the monetization of Deezer’s proprietary AI capabilities;
• Launch of “Deezer for Business”, a revamped partnership offering providing a fully customizable music experience tailored to partners’ needs, leveraging Deezer’s licensed catalog and technology platform;
• Launch of Flow Tuner, supporting differentiation and user engagement. Deezer continues to exclude AI-generated tracks from algorithmic recommendations, supporting a differentiated and trusted user experience.

2026 OUTLOOK CONFIRMED

• FY26 revenue guidance confirmed;
• Sustained positive adjusted EBITDA1 and Free Cash Flow2 expectation confirmed.

Paris, 23 April 2026, 17:45 CET – Deezer (Euronext Paris: DEEZR; ISIN: FR001400AYG6), the global music experiences platform, published its consolidated revenue for the first quarter of 2026 (period ended on 31 March 2026).

Alexis Lanternier, CEO of Deezer, commented:

“In the first quarter of 2026, we continued to see strong momentum in our Direct subscriber base, both in France and the Rest of the World. At the same time, we are executing on our strategic priorities, including the repositioning of our partnerships segment, where we are making encouraging progress through new deals and the launch of our revamped Deezer for Business offering.

We also took a step in monetizing our innovation capabilities with the signing of an agreement to license our AI detection tool. Overall, we remain firmly on track to deliver our full-year guidance, with positive adjusted EBITDA and Free Cash Flow, while maintaining revenue broadly in line with 2025 levels.”

Q1 2026 BUSINESS HIGHLIGHTS

In Q1 2026, Deezer continued to execute on its strategic roadmap, with progress in the repositioning of its partnerships segment, the development of new AI-driven revenue streams, and ongoing product innovation to enhance user experience.

Sonos renewal:

Since 2023, Deezer has powered the Sonos Radio ecosystem, driving tens of millions of monthly listening hours across millions of households globally. With this renewal in 2026, Deezer continues to deliver premium streaming infrastructure and a fully licensed global catalog, while expanding the collaboration to include ad-supported monetization on Sonos Radio through the Deezer Ad Exchange.

Deezer for Business:

Deezer launched a revamped version of its partnership offering, positioning Deezer for Business as a comprehensive, scalable solution for partners. The offering combines a premium music catalog, proven technology platform and dedicated expertise to deliver tailored music experiences.

AI detection tool:

Deezer signed a licensing agreement for its proprietary AI detection solution with EJI. This agreement enables EJI to detect recordings generated without human participation and marks an initial step in monetizing Deezer’s technology capabilities.

Flow Tuner:

Deezer launched Flow Tuner, a major evolution of its flagship recommendation feature Flow. The new functionality enhances user control over the recommendation algorithm, enabling more personalized discovery. In line with Deezer’s policy, AI-generated tracks are excluded from algorithmic recommendations, reinforcing differentiation in content curation (AI-generated tracks now represent roughly 44% of the daily uploads and 85% of these streams are detected as fraudulent and are demonetized by Deezer)

CONSOLIDATED REVENUE

Consolidated revenue amounted to €131.9 million in Q1 2026, compared to €134.0 million in Q1 2025, a slight decrease of (1.6)% at current currency (and (0.9)% at constant currency) and in line with management expectations. Revenue in France increased by +4.2%, driven by continued momentum in Direct subscribers (notably driven by strong performance of Deezer’s Family and promotional offers), nearly offsetting the decline in RoW ((10.0)% YoY and (8.3)% at constant currency) primarily reflecting the expected run-off of the Mercado Libre deal.

Direct revenue reached €91.8 million in Q1 2026 compared to €86.6 million in Q1 2025 (up 6.1%), reflecting the continued focus on selected key markets. This led to sustained growth of the subscriber base in France (+9.1%) and in the Rest of the World (+8.7%). Strong performance was recorded in key markets including Brazil, Germany and the United States, supported by brand positioning and selected marketing investments.

Partnerships revenue totalled €33.6 million in Q1 2026 compared to €39.2 million in Q1 2025, down (14.4)%. This decline reflects the expected run-off of the Mercado Libre deal while recently signed deals (Telenor, Molotov, Norlys, Fitness Park, Chippu, EDF) are still in the ramp up phase. Excluding this transition effect, revenue was broadly stable. ARPU increased by 11.8%, supported by an improved partner mix.

Other revenue amounted to 6.5 million in Q1 2026 compared to 8.3 million in Q1 2025. The decrease reflects a high comparison base, including the end of one content licensing deal in Q4 2025.

GUIDANCE CONFIRMED IN 2026

For FY26, Deezer remains fully focused on executing its strategic priorities:

• Accelerate direct subscriber growth through continued brand differentiation;
• Leverage partnerships DNA to continue to scale distribution and build a new profitable B2B segment through white labeling business models;
• Continuing to lead on AI through transparency, while initiating monetization of our detection technology and exploring AI solutions benefiting real artists.

From a financial standpoint, Deezer confirms its objective of sustainable profitability, with renewed positive adjusted EBITDA and positive Free Cash Flow expected for FY2026. On the topline, Deezer confirms it expects to maintain its FY26 revenue in line with FY25.

Paris, March 19, 2026 – Deezer (Paris Euronext: DEEZR) today introduced its revamped partnership offering, Deezer for Business, a one-stop shop for music experiences, delivering high-end solutions through a premium music catalog, proven technology, and real-world expertise.

“For more than 15 years, Deezer has helped brands create differentiation and build meaningful consumer relationships through the power of music, and with the launch of Deezer for Business we’re now taking the next step on this journey, ready to meet any use case and deliver measurable impact for our partners,” said Julien Delbourg, Chief Commercial Officer, Deezer. “Music is not just content to monetize, it carries meaning and emotion, and if used right, brands can forge genuine long-term customer connections. With Deezer for Business, our partners get access to a fully licensed catalog, scalable world-class tech, and decades of music industry expertise to guide them every step of the way.”

The new Deezer for Business offering is designed to drive growth by supporting companies across five distinct pillars, and help them stand out by creating new business opportunities through leveraging music:

• Deezer for Partners – Deezer as an integrated part of consumer offerings, amplifying engagement and customer retention (Orange, FNAC Darty, Tim, Norlys, Yettel)
• Deezer Music as a Service – for businesses looking to build their own white or gray label music streaming service leveraging Deezer’s fully licensed catalog and tech stack.

Renewal of Sonos Partnership

Since 2023, Deezer has powered the Sonos Radio ecosystem, driving tens of millions of monthly listening hours and sustained double-digit growth across millions of households globally. With a renewal in 2026, Deezer continues to deliver premium streaming infrastructure and a fully licensed global catalog, while adding programmatic advertising integration through the Deezer Ad Exchange.

• Deezer for Advertisers – a premium audio advertising solution enabling brands to reach millions of music fans across Deezer and a growing ecosystem of partner audio experiences worldwide.

• Deezer for Professionals – turnkey a solution for businesses looking to create engaging physical spaces by streaming fully licensed music, drawing on an extensive catalogue, editorial playlists, and custom streaming technology. Major brands such as UGC, Dunkin’, Converse, and others are already using the solution.

• Deezer AI Detection – Deezer is so far the only music streaming platform to detect and clearly tag AI-generated music, while excluding it from recommendations, giving users a choice what to listen to, and making it harder for fraudsters to game the system and steal royalties from human artists. This technology is now available for any organization in the music ecosystem that wants to detect and track AI-generated music.

Discover Deezer for Business and read more about each individual solution on https://deezer-business.com/

*** ENDS ***

Paris, March 19, 2026 – Deezer (Paris Euronext: DEEZR) and Sonos today announced the renewal of their longstanding partnership, expanding the collaboration to include ad-supported monetization on Sonos Radio through the Deezer Ad Exchange. The renewal coincides with Deezer introducing its revamped partnership offering, Deezer for Business.

With Deezer as a core partner since 2023, Sonos Radio and Sonos Radio HD reach millions of households globally with a unique, human curated music experience. With the renewal of the partnership in 2026, Deezer will continue to provide global licensing expertise, a fully licensed global catalog, royalty reporting, and content management capabilities. This technology and these capabilities together allow Sonos Radio to grow sustainably and connect the Sonos brand back to music and culture.

The partnership will also include programmatic advertising integration through the Deezer Ad Exchange to support monetization of Sonos Radio inventory which will be accessible programmatically through leading demand-side platforms used by global advertisers. This development reflects Deezer’s ambition to extend its advertising and music infrastructure beyond its own platform, enabling partners to build, distribute and monetize premium audio experiences at scale.

“What we built with Sonos over the past three years has become one of our most valued partnerships,” said Julien Delbourg, Chief Commercial Officer, Deezer. “Together we’ve brought world-class music experiences into homes across the globe. We’re proud of what we’ve achieved and even more excited about where we go from here. Our collaboration with Sonos perfectly represents the value we aim to deliver to our partners.”

As Deezer renews its partnership with Sonos, the company is also announcing its new, a unified B2B music platform, purpose-built to make music work for any business, at any scale. It is built to drive growth by supporting companies across five complementary solutions – Deezer for Partners, Deezer Music as a Service, Deezer for Advertisers, Deezer for Professionals and Deezer AI-detection. Each solution is designed to integrate seamlessly into any client’s ecosystem and deliver measurable impact, whether that means new revenue streams, deeper audience engagement, or stronger brand differentiation.

*** ENDS ***

Paris, March 6, 2026 – In celebration of International Women’s Day, Deezer, the global music experiences platform, today announced the expansion of its Women’s Chart to six additional countries, marking the initiative’s first anniversary. Following a successful first year in France and several international markets, the Women’s Chart continues to grow with a clear objective: to provide female artists with the visibility their talent and cultural impact deserve.

Driving Greater Representation in Music

Launched in March 2025, the Women’s Chart was created in response to a longstanding industry imbalance. Despite their creativity, cultural influence, and commercial success, artists who identify as women remain underrepresented across many mainstream music charts.

Over the past year, the Women’s Chart has highlighted the 50 most-streamed tracks by female artists each month in France, Germany, Argentina, Brazil, Chile, Colombia, and Mexico. In 2026, Deezer is strengthening its commitment to celebrating female artists and recognizing their impact on both the music industry and listeners worldwide. The company remains dedicated to promoting gender diversity in music and enabling audiences to rediscover the breadth and richness of female talent.

“The Women’s Chart was born from a clear observation: women are still underrepresented in the charts. Yet they shape music every day,” said Narjes Bahhar, Rap & R&B Editor at Deezer. “This project is not symbolic, it is necessary. It addresses an imbalance and shines a light on what is too often overlooked. One year after its launch, expanding into new countries confirms that this commitment must be global. We have an editorial responsibility to choose what we amplify, to broaden the stage, and to ensure that music truly reflects those who create it.”

Expanding Across Europe

As part of its first anniversary milestone, the Women’s Chart is now launching in Serbia, Bulgaria, the Netherlands, Denmark, Croatia, and Poland. These markets join the existing countries where the chart is already established. By expanding into diverse local music scenes where Deezer operates, the initiative aims to spotlight female artists within their cultural contexts and connect them more closely with audiences. Each new country brings distinct sounds, emerging voices, and established icons, further strengthening the chart’s international reach.

Turning Data Into Personal Insight

Deezer is also empowering users to better understand their own listening habits. In February’s edition of My Deezer Month, users can view the percentage of their listening dedicated to female artists.

The February 2026 average stands at 27%, representing an increase of 1pp compared to September 2025, when Deezer first introduced this metric. By sharing this data, Deezer encourages listeners to reflect on the role women play in their personal music ecosystems, transforming an industry-wide statistic into a meaningful, individual insight.

Dedicated In-App Experiences

Throughout March, Deezer is spotlighting a range of features and editorial content dedicated to female artists. While available year-round, these experiences will receive enhanced visibility during this period celebrating women in music. Highlights include:

• “Women Only” playlists, offering curated selections of female artists across all genres.
• Flow, Deezer’s personalized recommendation feature, also comes in a version entirely dedicated to female artists, known as Flow Empower. Already available, Flow Empower delivers a fully tailored stream featuring 100% female-performed tracks, adapted to each listener’s tastes and seamlessly integrated into their everyday listening experience.
• The personalized Smart Tracklist titled “100% Female Artists” generates a unique playlist of tracks exclusively by female artists based on users’ listening habits.
• A global collaborative playlist created by Deezer’s female editors worldwide, reflecting a diversity of genres, cultures, and perspectives.

“With Deezer’s female editors around the world, we wanted to make the experience more human,” said Nina Boulet-Gigliesi, Music & Culture Specialist at Deezer. “This playlist creates a dialogue between styles and territories while highlighting female voices. Music is even more powerful when it tells a diversity of stories, especially when that story is carried collectively.”

For more information about the Women Chart and Deezer’s initiatives supporting gender diversity in music, visit www.deezer.com.

*** ENDS ***

Paris, February 13, 2026 – Deezer (Paris Euronext: DEEZR), the global music experiences platform, is today announcing Flow Tuner, a major evolution of its flagship feature Flow. Through Flow Tuner, Deezer gives its users unprecedented control over the recommendation algorithm, with personalized discovery just a few clicks away. Thanks to Deezer’s leading AI detection tool and industry unique policy, the algorithmic recommendations in Flow do not include any AI-generated tracks.

Flow: the infinite personal soundtrack

Since 2014, Deezer has offered Flow, an infinite personalized soundtrack delivered through an algorithm based on the user’s musical preferences. The more users listen to music on Deezer, add tracks to their favourites, follow artists and listen to different genres, the more Flow refines its suggestions to offer an increasingly relevant mix of songs. Over the years, Flow has evolved to include a variety of moods and genres to choose from.

Flow Tuner: a new way to customize your Flow

With the addition of Flow Tuner, Deezer has taken personalization to the next level, by giving users the power to impact their algorithm directly. They can now:

• Instantly activate or deactivate musical genres or subgenres
• Add new genres to broaden their musical horizons

The result will set the tone for your current and future listening sessions, no matter if you’re doing sports, working, relaxing or actively looking for new music.

Responding to needs of today’s music consumers

Flow Tuner meets a strong user demand: getting the right recommendations at the right time and taking control of the algorithm. Up until now, liking, disliking and skipping have been the main ways of steering the algorithm. With Flow Tuner, Deezer users can push the algorithm in the right direction, by making personal active choices.

“Flow Tuner is based on a simple idea: recommendations should not be a black box. Our users want to find the right music for the right moment, and have the control to impact how this happens. By allowing them to activate, remove or explore genres with a single gesture, the algorithm becomes a tool that they can shape themselves. It’s more accurate, more personal, and it opens the door to more discovery.” – Marin Lorant, Head of Product at Deezer

A long-term vision for personalization

This launch is in line with Deezer’s recent innovations around algorithm control and increased personalization. Since April, users have been able to adjust their musical preferences and control their recommendations through a dedicated algorithm settings area.

With Flow Tuner, Deezer reaffirms its commitment to offering a music experience that adapts to users’ expectations and listening habits, in line with its major innovations such as Flow, Shaker, Music Quiz, Songcatcher, My Deezer Year, and My Deezer Month.

*** ENDS ***

How to switch to Deezer

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Step 1: Click on “Transfer now” to log in or create a Deezer account

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Tune My Music is a trusted partner of Deezer and adheres to the highest standards of data protection while transferring your music library. Information such as your user ID, screen name, and music library content remains secure.

Press Contact Deezer

Jesper Wendel

[email protected]

ABOUT DEEZER

Deezer is one of the world’s largest independent music experiences platforms, connecting fans with artists and creating ways for people to Live the music. The company provides access to a full-range catalog of high quality music, lossless HiFi audio and industry-defining features on a scalable platform available in 180+ countries. Founded in 2007 in Paris, Deezer is now a global company with over 600 people based in France, Germany, UK, Brazil and the US, all brought together by their passion for music, technology and innovation. By building strategic partnerships in key markets across Europe and the Americas, Deezer keeps delivering brand value and end-user engagement across a wide variety of industries, including telecommunications, media, audio hardware and e-retail. As an industry thought leader, Deezer was the first platform to introduce a new monetization model since the inception of music streaming, designed to better reward the artists, and the music that fans value the most. Deezer is listed on Euronext Paris (Ticker: DEEZR. ISIN: FR001400AYG6) and is also part of the Euronext Tech Leaders segment, dedicated to European high-growth tech companies, and its associated index.

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