“Growing with the newly acquired Combisafe”, Sverker Lindberg, President and CEO

Third quarter 2026

• Net sales increased 8 percent to SEK 311 M (288). Organically, net sales decreased 4 percent. Acquisitions had a positive net impact on net sales of 11 percent, as did exchange rate effects of 1 percent.

• Adjusted EBITA amounted to SEK 14 M (24). As previously communicated, the newly acquired Combisafe will negatively impact the Group’s earnings until the restructuring and integration measures take full effect.
• Operating profit amounted to SEK 37 M (30). Items affecting comparability had a positive net impact on profit of SEK 26 M (9).
• Costs for the restructuring and integration of Combisafe are estimated at about SEK 26 M, of which SEK 17 M impacted the third quarter. Operating profit was positively impacted by SEK 36 M as the value of the acquired assets exceeded the purchase price. Adjustments related to the revaluation of earnouts had a net positive effect on the result of SEK 10 M (9).
• Net result after tax was SEK 28 M (32).
• Cash flow from operating activities amounted to SEK 3 M (1).
• Earnings per share before and after dilution totalled SEK 0.94 (1.07).
• In July, the Group finalised the acquisition of Combisafe, a leading actor specialising in fall protection products with a broad presence across Europe and a strong brand reputation. An update on the restructuring and integration measures implemented, as well as their effects, was communicated in September.
• The Group communicated updated financial targets in July.

January–September 2026

• Net sales increased 10 percent to SEK 960 M (875). Organically, net sales increased 6 percent. Acquisitions and divestments had a positive net impact on net sales of 5 percent. Exchange rate effects had a negative net impact on net sales of 1 percent.
• Adjusted EBITA amounted to SEK 54 M (50).
• Operating profit amounted to SEK 66 M (50).
• Net result after tax was SEK 42 M (29).
• Cash flow from operating activities amounted to SEK 74 M (21).
• Earnings per share before and after dilution totalled SEK 1.41 (0.97).

Significant events after the end of the period

• Tomas Hilmarsson, the Group’s current CFO, was appointed CEO and President, effective 1 November 2026. He succeeds Sverker Lindberg, who announced in May that he intends to leave his position.

This is a translation of the Swedish original version. In the event of any differences between this translation and the Swedish language original, the latter shall prevail.