Change in JM Group's business segments

As of the first quarter of 2024, JM Construction will be absorbed into the group since the business no longer is of such a scope that it constitutes its own business segment.

To date, JM has followed up and reported on its operations based on six business segments: JM Residential Stockholm, JM Residential Sweden, JM Norway, JM Finland, JM Property Development and JM Construction.

As the scope of the operations in JM Construction has decreased, JM has changed its internal governance and follow-up of operations as of the first quarter of 2024 and subsequently changed the reporting for the Group's business segments. Revenue based on where customers are located is reported in the geographic information.

For additional information, please contact:
Tobias Bjurling, CFO
E-mail cfo@jm.se   Tel +46 (0)8 782 87 00

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 14 billion and the company has about 2,200 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. More information is available at www.jm.se/en.