Hiab Oyj Class B · OMXHEX:HIAB
Hiab Oyj Class B — Shareholder Meeting (March 2026)
26 slides from Hiab Oyj Class B's shareholder meeting presentation, Mar 24, 2026
Slide 1: Annual General Meeting 2026
Annual General Meeting 2026 24 March 2026, Helsinki Scott Phillips, President and CEO
Slide 2: Disclaimer
AGM 2026 Disclaimer The following applies to this presentation, the oral presentation of the information in this presentation by Hiab Corporation (the “Company” or “Hiab”) or any person on behalf of the Company, and any question-and-answer session that follows the oral presentation (collectively, th
Slide 3: Contents
AGM 2026 Contents 1. Year 2025 review 2. Financial development 3. Strategic development 4. Dividend proposal and outlook 3
Slide 4: Year 2025 review
AGM 2026 1. Year 2025 review 4
Slide 5: 2025: A historic year for Hiab
AGM 2026 2025: A historic year for Hiab − Historic year for Hiab, as 2025 marked the first year as a listed company − The listing followed the name change approved at last year’s AGM, when Cargotec became Hiab − The formal completion of Cargotec’s last remaining priority, the closing of the sale of M
Slide 6: Operational highlights of 2025
AGM 2026 Operational highlights of 2025 − Market environment was characterised by increased trade tensions and uncertainties − Orders received remained at past two years’ level − Record high full year comparable operating profit margin of 13.7% despite 6% lower sales − Record year in Services − Stron
Slide 7: Financial development
AGM 2026 2. Financial development 7
Slide 8: Orders received remained at the previous two years' level
AGM 2026 Orders received remained at the previous two years’ level Orders received and order book MEUR* MEUR 2025 2024 Change Orders received 1,481 1,509 -2% Orders received, organic** 0% Order book 534 648 -18% - Orders received were unchanged in constant currencies and amounted to 1.5 billion for
Slide 9: Gradual recovery in other regions was offset by decline in the US market
AGM 2026 Gradual recovery in other regions was offset by decline in the US market Orders received by geographical area, 2025 MEUR MEUR 2025 2024 Change APAC 8% EMEA 794 736 8% EMEA 54% AMER 572 668 -14% APAC 114 104 10% Operating environment - Gradual recovery in EMEA and - Trade tensions have eleva
Slide 10: Sales in 2025 impacted by lower order book and market uncertainty
AGM 2026 Sales in 2025 impacted by lower order book in the beginning of year and market uncertainty related to trade tensions Sales MEUR* MEUR 2025 2024 Change Sales 1,556 1,647 -6% Sales, organic** -4% Share of Services, % 30% 28% - Sales in H2/25 were 9% lower than in H1/25 - Currencies had a 2 pe
Slide 11: Majority of the sales decline came from the Americas
AGM 2026 Majority of the sales decline came from the Americas Sales by geographical area, 2025 MEUR MEUR 2025 2024 Change APAC 7% EMEA 785 804 -2% EMEA 50% AMER 662 735 -10% APAC 110 108 1% - Americas sales decline came from the US, partly offset by growth in other main markets in the region - EMEA
Slide 12: Comparable operating profit margin improved despite lower sales
AGM 2026 Comparable operating profit margin improved despite lower sales Years 2017-2022 have not been restated and do Comparable operating profit not include group and MEUR* admin costs MEUR 2025 2024 Change Comparable operating profit 213 217 -2% Comparable operating profit, % 13.7% 13.2% Operative RO
Slide 13: Key figures by segment in 2025
AGM 2026 Key figures by segment in 2025 Equipment Services Orders received 1,010 MEUR Orders received 470 MEUR Order book (end of period) 476 MEUR Order book (end of period) 58 MEUR Sales 1,088 MEUR Sales 469 MEUR Comparable operating profit 140 MEUR Comparable operating profit 109 MEUR Comparable oper
Slide 14: Very strong balance sheet enabling organic and inorganic growth
AGM 2026 Very strong balance sheet enabling organic and inorganic growth Net debt and gearing Maturity profile, 31 December 2025 MEUR MEUR Gearing target <50% Net debt Other interest bearing liabilities Lease liabilities Gearing, % (RHS) Corporate bonds and loans from financial institutions 14
Slide 15: Strategic development
AGM 2026 3. Strategic development 15
Slide 16: We are executing our strategy
AGM 2026 We are executing our strategy #1 or #2 Position in all segments 1 Leading market positions in growing and attractive essential industries Positioned to 2 focused segment strategy Set to grow through continued innovation and grow faster than the market 3 North American market Geared to expan
Slide 17: Expanding leading market positions through M&A
AGM 2026 Expanding leading market positions through M&A - Hiab to acquire Brazilian ING Cranes, manufacturer of loader cranes with a strong track record of profitable growth - ING Cranes and Hiab’s Brazilian brand ARGOS have highly complementary product portfolios, enabling Hiab to offer a comprehens
Slide 18: Tangible development in all three pillars of growth
AGM 2026 Tangible development in all three pillars of growth Growth in key segments Growth in North America Services growth Waste and recycling was one of the Expansion and modernisation of Hiab announced in February 2026, that Number of ProCare service contracts best performing end markets for Mult
Slide 19: Sustainability strengthens Hiab's competitiveness and resilience
AGM 2026 Sustainability strengthens Hiab’s competitiveness and resilience Together, we keep everyday life moving to build a better tomorrow. In 2025, we continued to deliver on this purpose: Climate and energy transition Circularity and resource efficiency Responsible business Delivering on growing cu
Slide 20: Hiab's Board has set new SBTi-aligned climate targets
AGM 2026 Hiab’s Board of Directors has set new SBTi-aligned climate targets1 SCOPES 1 & 2 (own operations) -50% -90% by 2030 by 2040 SCOPE 3 (value chain) -25% -90% by 2030 by 2050 (Net zero) 20 Note: 1 Compared to base year 2022. The targets are pending validation by the Science Based Targets initi
Slide 21: Delivering progress and focusing on what matters most
AGM 2026 Delivering progress and focusing on what matters most Improved safety Reduced greenhouse gas emissions Increased eco portfolio sales Hiab’s main indicator for monitoring safety Hiab’s total emissions decreased by 35 percent Sales growth partly driven by updated eco performance improved sign
Slide 22: Dividend proposal and outlook
AGM 2026 4. Dividend proposal and outlook 22
Slide 23: Board is proposing a 50% dividend distribution according to the policy
AGM 2026 Board is proposing a 50% dividend distribution according to the policy Board of Directors proposal on dividend distribution of 2025 profit to Record date for dividend distribution is proposed to be 26 March the Annual General Meeting to be held on 24 March 2026 in Helsinki 2026 and the payme
Slide 24: Outlook for 2026
AGM 2026 Outlook for 2026 Hiab estimates: Comparable operating profit margin in 2026 to be above 13.0% (2025: 13.7%). 24
Slide 25: On track to deliver on our 2028 financial targets
AGM 2026 On track to deliver on our 2028 financial targets Comparable 2028 Sales CAGR1 Operating Profit ROCE2 financial targets >7% 16% >25% Rolling 10-year average LTM LTM 5.5% 30.8% Progress, 2025 13.7% 1 Over the cycle, LTM 10 year average 25 2 Defined as (Operating Profit / Operative Capital Employed
Slide 26: BUILT TO PERFORM
BUILT TO PERFORM HIAB • EFFER • ARGOS • ING • LOGLIFT • JONSERED • MULTILIFT • GALFAB • MOFFETT • PRINCETON • WALTCO • DEL • ZEPRO • HIPERFORM