Quarterly Report Q2 2022

Strong growth and profit in turbulent times Second quarter · Net sales increased by 25% to SEK 29,466 M (23,648), with organic growth of 13% (23) and acquired net growth of 0% (5). · Very strong organic growth in Americas and Entrance Systems and strong growth in EMEIA and Global Technologies, but organic sales declined in Asia Pacific. · Three acquisitions with combined annual sales of about SEK 1,100 M were signed in the quarter. · Operating income (EBIT) increased by 23% and amounted to SEK 4,406 M (3,589), corresponding to an operating margin of 15.0% (15.2). · Net