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Slide 2: Interim Report January – June 2025
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Interim Report January – June 2025 2
Slide 3: Presentation of Addnode Group's Interim Report January – June 2025
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Presentation of Addnode Group’s Interim Report January – June 2025 Johan Kristina Andersson Elfström Mackintosh President and Chief Executive Officer Chief Financial Officer johan.andersson@addnodegroup.com kristina.mackintosh@addnodegroup.com +46 70 420
Slide 4: Agenda
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Agenda 1. Addnode Group 2. Q2 2025 3. Divisions 4. Financials 5. Q&A 6. Appendix 1. Addnode Group in Brief and 5yr Key Figures 2. Acquisitions 2022 – 2025 3. Shareholders, June 30, 2025 4. Share performance, 1 year 4
Slide 5: INTERIM REPORT JANUARY - JUNE 2025
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 5
Slide 6: Highlights Q2 2025
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Highlights Q2 2025 Net Sales by Geography Other 14% • Strong growth in Division Design Management supported by early contract renewals Germany Sweden 12% 36% • Cost reduction program in Division PLM progressing according to plan • Division Process Manage
Slide 7: Acquisitions Q2 2025
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisitions Q2 2025 Genus (Norway) TPM (USA) Repro Products (USA) • No Code -platform for business-critical solutions for • The part of TPM that was acquired by Symetri provides • The part of Repro Products that was acquired by customers within banking,
Slide 8: INTERIM REPORT JANUARY - JUNE 2025
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 8
Slide 9: Three Divisions
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Three Divisions Share of Net Sales* Q2 2025 Share of Gross Profit* Q2 2025 Share of EBITA* Q2 2025 Process Process Process Management, Management Design Management, 24% 26% Management 24% 54% Design Product Management, Lifecycle 46% Management, Product 1
Slide 10: Design Management
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Design Management Trend in net sales and EBITA 6,000 600 5,000 500 4,000 400 3,000 300 2,000 200 1,000 100 0 0 2021 2022 2023 2024 2025 R12 Net Sales (SEK m) EBITA (SEK m) Q2 Q2 Change R12 2025 2024 (%) 2025 Net sales, SEK m 669 1,214 -45 3,103 Gross pro
Slide 11: Product Lifecycle Management
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Product Lifecycle Management Trend in net sales and EBITA 2,000 200 1,500 150 1,000 100 500 50 0 0 2021 2022 2023 2024 2025 R12 Net Sales (SEK m) EBITA (SEK m) Q2 Q2 Change R12 2025 2024 (%) 2025 Net sales, SEK m 444 468 -5 1,853 Gross profit, SEK m 224
Slide 12: Process Management
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Process Management Trend in net sales and EBITA 1,500 300 1,250 250 1,000 200 750 150 500 100 250 50 0 0 2021 2022 2023 2024 2025 R12 Net Sales (SEK m) EBITA (SEK m) Q2 Q2 Change R12 2025 2024 (%) 2025 Net sales, SEK m 352 335 5 1,345 Gross profit, SEK m
Slide 13: Consolidated Cash Flow
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Consolidated Cash Flow YTD Jun YTD Jun SEKm Q2 2025 Q2 2024 Change 2025 2024 Change Operating profit 170 96 74 319 283 36 Adjustments for non-cash items 91 84 7 206 177 29 Other -98 -79 -19 -135 -134 -1 Cash flow from operations before working capital ch
Slide 14: Consolidated Financial Position
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Consolidated Financial Position 30 June 30 June SEKm 2025 2024 Change 31-Dec-24 Change Intangible non-current assets 4,142 4,136 6 4,339 -197 Other non-current assets 358 403 -45 386 -28 Net working capital -328 -783 455 -524 196 Total assets 4,172 3,756
Slide 15: EBITA CAGR, 2015 – 2025 R12: 19%
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 EBITA CAGR, 2015 – 2025 R12: 19% 1,000 900 800 700 600 500 400 300 200 100 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 R12 EBITA (SEK m) Linjär Trend EBITA (EBITA (SEK m)) 15
Slide 16: Upcoming Event: Capital Markets Day
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Upcoming Event: Capital Markets Day Sepember 22 12 – 17 CEST Registration: https://www.addnodegroup.com/report/capitalmarketsday2025/ 16
Slide 17: Questions & Answers
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Questions & Answers 17
Slide 18: Appendix
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Appendix 18
Slide 19: Addnode Group as an Investment
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Addnode Group as an Investment Sustainable Organic and Attractive Diversification Digital Solutions Acquisition-led Growth Business Model Spreads Risk 10 largest Other, 1% Licences, 2% customers, 6% 9000 900 8000 800 11–50, 7000 700 11% 6000 600 Services
Slide 20: An add-on Growth Accelerator for Companies Providing Technologies for a Sustainable Future
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 WHO WE ARE An add-on Growth Accelerator for Companies Providing Technologies for a Sustainable Future 20
Slide 21: Key Financials
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Key Financials 2020 2021 2022 2023 2024 R2025 Net Sales, SEK bn 3.8 4.1 6.2 7.4 7.8 6.3* Net Sales growth, % 11% 7% 53% 19% 5% -19%* EBITA, SEK bn 0.4 0.5 0.7 0.6 0.9 0.9 EBITA, % 9.4% 11.3% 11.7% 8.6% 11.1% 14.4% EBT, SEK bn 0.2 0.3 0.5 0.4 0.5 0.6 EBT
Slide 22: Acquisition Timeline
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisition Timeline 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 Technia Centus IT-Energy Arkiva Cad Teknikk Alarmos 5D System- Cadassist UniZite Claytex Optimec Ida Infront Ravalik Athena Spatial EG konsult Landborgen Excitech Desys Consultan
Slide 23: Growth Through Sustainability
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Growth Through Sustainability 1 Digital solutions that contribute to sustainable development 2 in our own operations Care for people and the planet 3 The way we work with our partners and suppliers 4 Long-term financial viability 5 and governance Sustain
Slide 24: Acquisitions 2025 YTD
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisitions 2025 YTD Congere Railit Genus pcSKOG Develops, innovates and improves Railit has extensive experience in the Genus develops, delivers, and systems and applications for the railway industry and offers innovative A market leading SaaS company
Slide 25: Acquisitions 2025 YTD, cont.
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisitions 2025 YTD, cont. TPM Inc Repro Products Inc • The part of TPM that was acquired by The • Thepartpart of TPM of Repro that was Products acquired that by was Symetri provides solutions based on Symetri acquiredprovides by Symetri solutions prov
Slide 26: Acquisitions 2024
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisitions 2024 Efficture Jetas Quality Systems Optimec GPS Timber Efficture develops and offers proprietary Jetas develops and offers proprietary Optimec delivers turnkey solutions Software for timberyard logistics and software for forest and timber c
Slide 27: Acquisitions 2024, cont.
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisitions 2024, cont. Addoceo Prime Aerostructures CTC Software Addoceo is a supplier of case A leading Dassault Systèmes Partner CTC Software addresses the growing management systems for transportation based in Vienna, Austria. Specialized in demand
Slide 28: Acquisitions 2023
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisitions 2023 Fast2 Key Performance Team D3 Leading Swedish supplier of business Partner to Dassault Systèmes, operating One of the largest Autodesk partners in systems for real estate companies. Its in North America and Europe. Focused the US, with
Slide 29: Acquisitions 2022
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisitions 2022 Claytex Desys Microdesk Decisive Claytex specializes in advanced DESYS service offering is based Microdesk is a Platinum partner Rule-based decision management simulation and virtual testing, on Dassault Systèmes’ platform, to Autodesk
Slide 30: Acquisitions 2022, cont.
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Acquisitions 2022, cont. JBL JBL’s service offering is based on Dassault Systèmes’ platform, the team adds resources and competence within oil and gas, infrastructure and renewable energy. Division Product Lifecycle Management New employees 2 Annual sale
Slide 31: Shareholders
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 Shareholders Shares Shares Share Voting Managements shareholdings Owner class A class B capital, % rights, % • Johan Andersson, CEO: 407,016 shares, 25,000 call Staffan Hanstorp & Jonas Gejer 2 501 328 3 238 496 4,27% 16,61% options for 40,000 B-shares,
Slide 32: The Share
INTERIM REPORT JANUARY - JUNE 2025 2025-07-14 The Share SEK Volume ‘000 140 3000 • Average daily traded volume in Q2 2025 was 120 382,100 shares (up from 244,500 in Q1 2025). 2500 • Highest daily volume transactions during Q2 was 100 on May 7th where 833,700 shares were traded. 2000 80 • Total numbe
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