Year-End Report 1 January – 31 December 2022

ADDNODE GROUP’S GROWTH STRATEGY IS CREATING VALUE

FOURTH QUARTER SUMMARY, OCTOBER–DECEMBER 2022

• Net sales increased by 60 per cent to SEK 1,786 m (1,114), of which 18 per cent was organic. Currency-adjusted organic growth was 13 per cent.

• EBITA increased to SEK 200 m (148), and the EBITA margin was 11.2 per cent (13.3).

• Operating profit rose to SEK 149 m (106), and the operating margin was 8.3 per cent (9.5).

• Profit for the period increased to SEK 103 m (80).

• Earnings per share increased to SEK 0.77 (0.60).

• Cash flow from operating activities increased to SEK 261 m (257).

• Elisabeth Forslin appointed Head of M&A.

• Acquisition of the operations of JBL Technologies of the USA, with net sales of SEK 15 m.

• The Board of Directors proposes a dividend of SEK 1.00 (0.75) per share.

SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

• Acquisition of FAST2 Affärssystem in Sweden, with net sales of approximately SEK 80 m.

• Addnode Group advances to the Large Cap segment of Nasdaq Stockholm.

• The Board of Directors decides to amend the dividend policy to 30-50 per cent of the Group’s profit after tax.