INTERIM REPORT JANUARY - SEPTEMBER 2023

Strategy execution despite challenging market conditions Third quarter 2023 ·Net sales decreased by 14% to SEK 10,512m (12,206). Organic sales[1] declined by 15% and changes in exchange rates contributed with 3%. ·Planned exits of low-margin petrol-powered business impacted with -2%. ·Operating income was SEK 398m (555) and the operating margin was 3.8% (4.5). ·Excluding items affecting comparability, the operating income amounted to SEK 415m (601) and the operating margin was 3.9% (4.9). ·Earnings per share before dilution amounted to SEK 0.22 (0.47)