YEAR-END REPORT JANUARY - DECEMBER 2024

Strong cash flow during a challenging year Fourth quarter 2024 · Net sales decreased by 2% to SEK 8,464m (8,605). Changes in exchange rates contributed with 1%. Sales declined organically by 3%. · Operating income amounted to SEK -1,285m (-983) and the operating margin was -15.2% (-11.4). · Excluding items affecting comparability, the operating income amounted to SEK -694m (-168) and the operating margin was -8.2% (-1.9). · Items affecting comparability amounted to SEK -591m (-815), and was related to the Group’s cost savings initiatives, announced in October 2024 and