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Borgestad ASA: Interim financial report for second quarter 2026

BORRegulatory press release14.08.2026, 07.00
Highlights

o In Q2 2026, Borgestad Group delivered a result before tax of MNOK 35.9,
compared to adjusted MNOK 20.9 in 2025.

o Höganäs Borgestad delivered a stronger Q2'26 results compared to the
corresponding period in 2025, reporting revenues of MNOK 290.4 and an EBIT of
MNOK 36.8, versus MNOK 296.4 and adjusted MNOK 22.1 in Q2'25.

o Agora Bytom had a 5 % revenue decrease in Q2'26 reporting revenues of MNOK
19.9 compared to MNOK 21.0 in Q2'25. EBITDA decreased from MNOK 12.1 to MNOK
10.9.

o As of June 30, 2026, Agora Bytom's occupancy based on signed leases was 97.4
percent. The newly signed tenants are expected to open during the second half of
2026, and their contribution is expected to support continued growth in the
centre's overall financial performance.



Borgestad ASA's report for the second quarter of 2026 is attached hereto.

For further information, please contact:

Pål Feen Larsen, CEO of Borgestad ASA
Tel.: +47 48 84 53 33

This information is subject to the disclosure requirements pursuant to the
Norwegian Securities Trading Act section 5-12.

About Borgestad| www.borgestad.no
Borgestad ASA (OSE:BOR) is an investment company focused on real estate and
industry. The key investments include Agora Bytom shopping center and the
leading refractory manufacturer Höganäs Borgestad.

About Höganäs Borgestad | www.hoganasborgestad.com
Höganäs Borgestad develops, manufactures and delivers refractory products,
installations and turnkey solutions that enhance the productivity and
competitiveness of industrial customers. The aim is to contribute to the
customers' profitability by providing high-value refractory solutions to their
challenges. Today, the company is a leading supplier in the refractory market of
the Nordic countries and has a global presence in a number of selected
application areas.
al presence in a number of selected\
application areas.\