Year-end Report for 2025 financial year

October–December 2025*

• Gross written premiums amounted to KSEK 249,204 (260,742)
• Premiums earned, net of reinsurance amounted to KSEK 260,925 (273,103)
• Technical result amounted to KSEK 29,483 (35,557). Adjusted technical result amounted to KSEK 35,483
• The combined ratio was 91.9 per cent (89.2). The adjusted combined ratio was 88.2 per cent
• The result of asset management amounted to KSEK 19,004 (7,091)
• Profit before tax increased 19 per cent to KSEK 45,070 (37,875) Adjusted profit before tax increased 35 per cent to KSEK 51,070
• Basic earnings per share increased to SEK 2.15 per share (1.65) and diluted earnings per share to SEK 2.15 (1.62)

January–December 2025*

• Gross written premiums amounted to KSEK 989,533 (1,103,408)
• Premiums earned, net of reinsurance amounted to KSEK 1,063,093 (1,128,588)
• Technical result amounted to KSEK 133,576 (148,774). Adjusted technical result amounted to KSEK 139,576
• The combined ratio was 89.9 per cent (89.6). The adjusted combined ratio was 89.0 per cent
• The result of asset management amounted to KSEK 74,514 (90,684). Total return, from the beginning of the year, amounted to 5.6 per cent (6.6)
• Profit before tax amounted to KSEK 187,943 (211,163). Adjusted profit before tax amounted to KSEK 193,943
• Basic earnings per share amounted to SEK 8.31 per share (8.99) and diluted earnings per share to SEK 8.31 (8.86)
• The Board proposes that the 2026 Annual General Meeting resolve on an ordinary dividend of SEK 5.25 per share and an extraordinary dividend of SEK 1.50 per share

Items affecting comparability
The fourth quarter included two items affecting comparability that had a total net negative impact of SEK 6.0 million on earnings. One was the previously announced transfer of the Swiss branch’s portfolio, which had a net positive impact of SEK 2.6 million (SEK -0.9 million in operating expenses and SEK +3.5 million in other technical income). The other was an acquisition process that did not result in a closing, which generated acquisition-related costs of SEK 8.6 million in the fourth quarter. Adjusted figures excludes items affecting comparability.

* Some performance measures stated in this section have not been prepared in accordance with IFRS or the Solvency II regulations, which means that they are “alternative performance measures”. The calculations and reconciliation against information in the financial statements of these performance measures are presented on the website under “Financial statements”. Definitions of performance measures are presented on the company’s website and on the last page of this report. Changes and comparative figures on this page and elsewhere in this interim report refer to the same period last year. All amounts are presented in KSEK unless otherwise stated.

Teleconference in connection with publication of the year-end report
In connection with the publication of the year-end report, CEO Marcus Tillberg and CFO Sofia Andersson will hold a teleconference on 10 February 2026 at 11:00 a.m. CET. To participate in the conference, visit https://solid-forsakring.events.inderes.com/q4-report-, to submit questions in writing. If you want to ask a question verbally at the teleconference, register using the following link https://conference.inderes.com/teleconference/?id=50054224. After registering you will receive a telephone number and ID to log into the conference. Presentation material will be available on Solid’s website: https://corporate.solidab.se/en/investors/reports-and-presentations/

Interim reports
The complete January–December 2025 Year-end Report will be available on https://corporate.solidab.se/en/investors/reports-and-presentations/