Interim report for January 1 – March 31, 2020

CDON’S EXTERNAL MERCHANTS GREW 101 PERCENT, NELLY GREW WITH LOWER MARGINS AND QLIRO INCREASED REVENUES AND VOLUMESFIRST QUARTER · Net sales amounted to SEK 591.5 (652.9) million- The subsidiary Qliro AB increased the loan book by 38 percent and total operating income by 12 percent- CDON increased total gross sales by 17 percent and external merchant’s sales by 101 percent- Nelly increased net sales by 6 percent in the Nordic countries and total sales by 1 percent, in line with the transition to a Nordic focus · The gross margin was 25.6 (26.7) percent · Operating profit