Slide 1: DNB Carnegie
DNB CARNEGIE August 25, 2026 Karl Sandlund, CEO Helena Nathhorst, CFO
Slide 2: Affordable home improvement. Made easy.
AFFORDABLE HOME IMPROVEMENT. MADE EASY. Right assortment & Quick & efficient Low price availability shopping • Curated range for customer needs • Easy in - store experience • Operational excellence • Products in stock, ready to load • Efficient e - commerce • Efficient sourcing & logistics 2
Slide 3: A journey of efficiency and growth
A JOURNEY OF EFFICIENCY AND GROWTH 3
Slide 4: Attractive position on valuable market
ATTRACTIVE POSITION ON VALUABLE MARKET Brands Geographies Share of sales Channels Share of sales Categories 4
Slide 5: The building materials sector differs from other retail industries
THE BUILDING MATERIALS SECTOR DIFFERS FROM OTHER RETAIL INDUSTRIES Low level of trends in the Large share of local Omni important – low assortment suppliers expected online share 2030 Nordic European Outside EU Source: Svensk Handel ”Läget i handeln 2023” 5
Slide 6: Market affected by macro last years
MARKET AFFECTED BY MACRO LAST YEARS Consumer confidence (Index) Demand driven by household confidence and housing market activity Market conditions influence both buying behavior and project scope Market demand has remained weak in recent years Source: Trading Economics 6
Slide 7: Clear priorities. Measurable results.
CLEAR PRIORITIES. MEASURABLE RESULTS. Strengthen balance sheet Inventory optimization, capex discipline. Operational excellence Store operations, administration and logistics. Customer offering Assortment, experience, online. 7
Slide 8: Combining commercial engine with strong operational excellence
COMBINING COMMERCIAL ENGINE WITH STRONG OPERATIONAL EXCELLENCE Cost development year - on - year Brand awareness Personnel and other operating expenses 93% Sweden NPS in stores 58 Q2 2026 8
Slide 9: Stability secured. Now we raise the level.
STABILITY SECURED. NOW WE RAISE THE LEVEL. D rive commercial Protect & scale the Win the customer performance model 9
Slide 10: Value creation
VALUE CREATION Attractive customer …drives higher volumes & …generating profitability offering… scale… and cashflow Low price Widespread store network Strong cash flow Right assortment E - commerce Enabling growth and Easy shopping Lean operating model dividends 10
Slide 11: Ready for the future!
READY FOR THE FUTURE! Strong position – financial strength, brand and store network Clear focus – customers, volume and efficiency Engaged employees – ready to welcome more customers! 11
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