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Slide 2: Interim Report Investor Presentation January – March 2026
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Interim Report Investor Presentation January – March 2026 2
Slide 3: Presentation of Addnode Group's Interim Report January – March 2026
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Presentation of Addnode Group’s Interim Report January – March 2026 Johan Kristina Andersson Elfström Mackintosh President and Chief Executive Officer Chief Financial Officer johan.andersson@addnodegroup.com kristina.mackintosh@addnodegroup.com +46 70 4
Slide 4: Agenda
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Agenda • Addnode Group • Divisions • Acquisitions • AI • Q&A 4
Slide 5: Addnode Group, Improved earnings and stronger cash flow
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Addnode Group, Improved earnings and stronger cash flow • EBITA increased by 26 percent to SEK 274 m Net Sales, SEK m EBITA, SEK m • EBITA margin increased to 17.9 percent (14.9). 7,000 1,050 • Earnings per share increased by 24 percent. 6,000 900 5,000
Slide 6: Net Sales Q1 2025 – Q1 2026
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Net Sales Q1 2025 Q1 2026 SEK m As reported SEK m Correction 1 800 1 800 223 227 1 600 1 531 1 600 1 531 1 461 - 61 1 461 - 100 1 400 1 400 - 92 - 57 1 200 1 200 1 000 1 000 800 800 600 600 400 400 200 200 0 0 For more information: Press release 7 May
Slide 7: Improvement in Cash Flow from operating activities
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Improvement in Cash Flow from operating activities 180% 160% 140% Changed Payment Terms 120% 3 Year 1 Year 100% Payments Payments 80% 70% 60% 40% 20% 0% LTM FCF/EBITA Average Definition of Cash Conversion: R12 FCF / EBITA 7 Definition of Free Cash Flow
Slide 8: Resilient Balance Sheet
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Resilient Balance Sheet Financial Target 4.0x 4,000 3.5x 3,500 3.0x 3,000 NET DEBT / EBITDA <2.5x 2.4 2.5x 2,500 2.1 2.0 2.0x 2,000 1.5x 1.3 1,500 1.1 1.0x 0.8 1,000 0.7 0.6 0.5 0.4 0.4 0.5x 500 0.0x 0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2
Slide 9: Return on Capital Employed
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Return on Capital Employed 20% 19.6% 18.6% 18% 16% 14.6% 13.8% 14.1% 14% 13.0% 12.3% 12% 10.7% 10.6% 10.0% 10.0% 10% 8% 6% 4% 2% 0% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 R12 Return on Capital Employed The trendline shows the general dev
Slide 10: INTERIM REPORT JANUARY - MARCH 2026
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 10
Slide 11: Three Divisions
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Three Divisions Share of Net Sales* Q1 2026 Share of Gross Profit* Q1 2026 Share of EBITA* Q1 2026 Design Process Process Management Design Process Management, Management 50% Management Management 30% 32% 54% 35% Design Management, 43% Product Lifecycle
Slide 12: Design Management
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Design Management Key Financials Net Sales by Category Net Sales and EBITA Q1 Q11) Change 2026 2026 2025 % R12 Net Sales, SEK m EBITA, SEK m Net sales, Other 3,000 600 SEK m 659 618 7 2,435 Own 1% Software Gross profit, 17% 2,500 500 SEK m 602 570 6 2,2
Slide 13: Product Lifecycle Management
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Product Lifecycle Management Key Financials Net Sales by Category Net Sales and EBITA Q1 Q1 Change 2026 2026 2025 % R12 Net Sales, SEK m EBITA, SEK m Net sales, Other Own 2,000 200 SEK m 420 448 -6 1,745 2% Software 9% Gross profit, SEK m 216 229 -6 883
Slide 14: Process Management
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Process Management Key Financials Net Sales by Category Net Sales and EBITA Q1 Q11) Change 2026 2026 2025 % R12 Net Sales, SEK m EBITA, SEK m Net sales, Other 2,000 400 SEK m 466 404 15 1,722 2% 1,750 350 Gross profit, SEK m 390 329 19 1,440 1,500 300 O
Slide 15: Acquisitions
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Acquisitions Customer Base from Encad (Germany) We have announced one acquisition in 2026, which has strengthened Technia’s position in • Some 80 customer contracts for Dassault Systèmes Germany. software portfolio. • Net sales for the acquired customer
Slide 16: Why we win in the AI-Era
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Why we win in the AI-Era • Deep domain expertise and software for entire workflows • Mission-critical, Embedded Systems • Trusted Ecosystem Partners in Regulated Environments • Strong partners — Autodesk, Bluebeam, Dassault Systèmes, and Esri • We embra
Slide 17: AI Customer Cases
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 AI Customer Cases Strong customer AI-assisted production monitoring AI simplifies and streamlines inspections relationships, in-depth • Alpenland Maschinenbau GmbH (ALPMA) is a mechanical engineering company for the dairy • Sokigo has developed Vinga, a
Slide 18: Building and Expanding AI Capacity Across the Group
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Building and Expanding AI Capacity Across the Group Effective and structured AI-driven innovation and AI-driven customer solutions Coordinated leadership in AI implementation intrapreneurship “As we head into 2026, generative AI is Executive Summit AI C
Slide 19: Addnode Group's Growth Journey
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Addnode Group’s Growth Journey Financial Target 1,200 1,000 960 903 EBITA GROWTH 863 15% 800 728 640 600 461 400 356 327 298 212 200 171 0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 R12 EBITA, SEK m 19
Slide 20: Questions & Answers
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Questions & Answers 20
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Slide 22: Appendix
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Appendix 22
Slide 23: Financial Targets
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Financial Targets 15 EBITA Growth % 17 % EBITA Margin 30-50 % Dividend Policy < 2.5 x Net Debt / EBITDA 10% 10% 30-50% Net Sales Margin EBITA Margin Dividend Policy 23
Slide 24: A Global Group
2026-04-28 INTERIM REPORT JANUARY - MARCH 2026 A Global Group Net Sales 2026 Q1 Sweden 34% USA 20% UK 10% Countries Continents 20 5 Germany 10% Other 26% 24
Slide 25: Mission-critical Solutions with High Customer Retention
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Mission-critical Solutions with High Customer Retention SEK bn 6 5 4 35% 41% 3 2026 R12 2 1 24% 0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 R12 Partner Software Own Software Services Partner Software Own Software Services 25
Slide 26: Solid Foundation of Recurring Revenue Provides Predictability
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Solid Foundation of Recurring Revenue Provides Predictability SEK bn 6 5 63% 4 3 Recurring Revenue 2 2026 R12 63% 63% 62% 59% 59% 1 59% 58% 59% 55% 55% 52% 0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 R12 Recurring Revenue Non-Recurring Reve
Slide 27: Organic and Acquisition-led Growth Strategy
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Organic and Acquisition-led Growth Strategy Net Sales, SEK bn 8% 5.8 6% 5.6 5% 13% 5.0 -4% 3% 26% 4.3 12% 7% 3% 3.1 4% 4% 4% 2.8 2.9 8% 3% 2.6 -1% 7% 6% 2.3 14% 4% 2.0 1.7 3 10 4 3 4 4 5 3 7 10 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 27
Slide 28: EBITA CAGR 19%
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 EBITA CAGR 19% Financial Targets 1,000 20.0 16.4 900 15.6 EBITA Margin Target: 17% 16.8 18.0 800 15.4 EBITA GROWTH 14.8 16.0 15% 700 12.7 14.0 12.5 11.6 11.8 600 12.0 500 9.2 10.0 8.3 400 8.0 300 6.0 EBITA MARGIN 17% 200 4.0 100 2.0 0 0.0 2016 2017 2018
Slide 29: Design Management
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Design Management SEK m 800 As reported Correction 800 150 700 146 659 700 659 618 - 33 618 - 72 600 600 - 37 - 72 500 500 400 400 300 300 200 200 100 100 0 0 For more information: Press release 7 May 2026 29
Slide 30: Product Lifecycle Management
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Product Lifecycle Management SEK m 500 448 15 450 420 - 19 400 - 25 350 300 250 200 150 100 50 0 Organic (excl FX) Currency Q1 2025 Acquisitions (excl FX) Q1 2026 30
Slide 31: Process Management
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Process Management SEK m 500 63 466 450 -3 404 2 400 350 300 250 200 150 100 50 0 Organic (excl FX) Currency Q1 2025 Acquisitions (excl FX) Q1 2026 31
Slide 32: Key Financials
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 03/31/2026 Key Financials 2020 2021 2022 2023 2024 2025 2026R121) Net Sales, SEK bn2) 2.9 3.1 4.3 5.0 5.6 5.8 5.9 Net Sales growth, % 3 9 39 16 11 4 5 EBITA, SEK bn 0.4 0.5 0.7 0.6 0.9 0.9 1.0 EBITA margin, %2) 12.5 14.8 16.8 12.7 15.4 15.6 16.4 EBT, SE
Slide 33: EPS Growth 2015 – 2025: 259%
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 EPS Growth 2015 – 2025: 259% SEK 3.5 3 DIVIDEND POLICY 30-50% 2.5 38% 35% 40% 2 48% 1.5 45% 1 53% 52% 0.5 70% 76% 82% 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Earnings per share, SEK Dividend per share (as % of EPS) 33
Slide 34: 93 Acquisitions Since Inception of Addnode Group 2003
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 93 Acquisitions Since Inception of Addnode Group 2003 5D Systemkonsult Essvision Arkiva CAD Teknikk Stamford Athena Spatial Technology BSD Voice Provider SWG Cadi Intrinsys Mapfactory Infostrait Centus Faester Sci Canella Decernogruppen Abou Technia Ida
Slide 35: 93 Acquisitions Since Inception of Addnode Group 2003 (continued)
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 93 Acquisitions Since Inception of Addnode Group 2003 (continued) Congere Railit PCskog Unizite Genus Excitech Repro Products Netpublicator TPM Apps FF Solutions Scanscot S-Group SolidCAD Solutions X10D Solutions Elpool ACAD-Plus Procad Budsoft Claytex
Slide 36: AI Customer Cases
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 AI Customer Cases AI-based Digitalization of Buildings Generative Property Descriptions Automated Document Classification Bimify, partly owned by Addnode Group, offers an AI- Decerno has developed The Typewriter, an AI solution Ida Infront has helped th
Slide 37: AI Customer Cases, cont.
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 AI Customer Cases, cont. Symetri enhanced infrastructure Decerno streamlined geodata updates for management in New York the City of Stockholm • The Port Authority of New York & New Jersey • Stockholm City needed a scalable solution to keep needed a unif
Slide 38: Consolidated Financial Position
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Consolidated Financial Position 31 Mar 31 Mar SEK m 2026 2025 Change Intangible Non-current Assets 5,923 4,188 1,735 Other Non-current Assets 391 382 9 Net Working Capital -272 -502 230 Total Assets 6,042 4,068 1,974 Equity 2,952 2,464 488 Provisions, T
Slide 39: Consolidated Cash Flow
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Consolidated Cash Flow Jan-Mar Jan-Mar Apr 2025 Jan-Dec SEK m 2026 2025 Change -Mar 2026 2025 Change Operating profit 186 149 37 644 607 37 Adjustments for other non-cash items 65 77 -12 179 192 -13 Changes in working capital 112 -23 135 -233 -369 136 C
Slide 40: Acquisitions 2026
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Acquisitions 2026 Encad Consulting Technia has acquired Encad Consulting’s Dassault Systèmes customer agreements. Some 80 customers that primarily are found within the sectors Aerospace & Defence, Industrial Equipment and Transport & Mobility. Product L
Slide 41: Acquisitions 2025
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Acquisitions 2025 Congere Railit Pcskog Genus 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 in
Slide 42: Acquisitions 2025, cont.
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Acquisitions 2025, cont. TPM Inc Repro Products Inc FF Solutions Solidcad The part of TPM that was acquired by The part of TPMReprothat Products was acquired that wasby Founded in 1995 and based in São Founded in 1996 and headquartered in Symetri provid
Slide 43: Acquisitions 2025, cont.
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Acquisitions 2025, cont. X10D Solutions Acad-Plus As a partner to Dassault Systèmes, A premier provider of CAD-based space X10D Solutions offers a broad range of management and facilities optimization software products that enhance product software. Its
Slide 44: Acquisitions 2024
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 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
Slide 45: Acquisitions 2024, cont.
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 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 46: Shareholders
INTERIM REPORT JANUARY - MARCH 2026 2026-04-28 Shareholders Managements shareholdings Owner Shares class A Shares class B Share capital, % Voting rights, % Staffan Hanstorp & Jonas Gejer 2 501 328 3 238 496 4,20% 16,42% • Johan Andersson, CEO: 409,233 shares, 25,000 call Lannebo Kapitalförvaltning 1
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