Slide 1: Prisma Properties
PRISMA PROPERTIES
Slide 2: Today's presenters
Today’s presenters Fredrik Mässing Martin Lindqvist CEO CFO 2
Slide 3: Agenda
Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna
Slide 4: Q4 2025 summary – a year of strong execution
Q4 2025 summary – a year of strong execution Highlights Rental income development Key figures SEKm Updated financial targets. Net LTV adjusted from 50% to 55% +25% Ambition to double property value from SEK 8 bn (Q325) to SEK 16 bn (Q428) 159 SEK 9.6bn Number of properties Property market value
Slide 5: Tenants and lease maturity development – WAULT of 7.9 years
Tenants and lease maturity development– WAULT of 7.9 years Tenant base – including ongoing projects Rental income split Lease maturity structure – 85% of leases mature 2030 and beyond Top 10 largest tenants1 Company Category Rental value 44% 32% SEKm % Tokmanni Group GD 115 17% Groceries and Daily-g
Slide 6: Property portfolio – yields stable
Property portfolio – yields stable Property portfolio Changes in the property portfolio (Q4’25 vs. Q4’24) SEKm +232 -108 +598 Finland Norway Project properties -184 1 196 49 1 072 +1 820 Denmark 1 508 9 631 Property value Property value per geography, per type, SEKm SEKm 7 273 Sweden 6 879 Property
Slide 7: Current development portfolio – nine ongoing projects with 7.5% avg YoC
Current development portfolio – nine ongoing projects with 7,5% avg YoC Project portfolio overview Estimations, SEKm Estimated NLA, Property name / Location Country Municipality Category Rental Total Remaining WAULT, completion sqm NOI value investment investment years Fröklängen 1 Sweden Lycksele G
Slide 8: Construction Starts – Q1 2026 to Q1 2027
Construction Starts – Q1 2026 to Q1 2027 Planned projects Tenant Municipality NLA, sqm Investment (Msek) Q4 25 Q1 26 Q2 26 Q3 26 Q4 26 Q1 27 Q2 27 Q3 27 Q4 27 Q1 28 Jysk, L157, Sport24, QSR Aarhus, DK Started Q4 Big Dollar, Lager 157, Hi five, Linnea Basilika Holstebro, DK Started Q4 QSR & Charging
Slide 9: Shareholders as of Dec 31st
Shareholders as of Dec 31st Shareholders # shares % Alma Property Partners II 57 711 693 35,1% Alma Property Partners I 33 369 325 20,3% Capital Group 9 781 818 5,9% Bonnier Fastigheter Invest AB 8 807 382 5,4% Swedbank Robur Fonder 6 140 159 3,7% Case Kapitalförvaltning 6 117 793 3,7% Länsförsäkrin
Slide 10: Agenda
Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna
Slide 11: Income – growing rental income on the back of completed projects, acquisitions and CPI adjustments
Income – growing rental income on the back of completed projects, acquisitions and CPI adjustments Rental income excl other income Net operating income & surplus ratio Profit from property management, adjusted *) SEKm SEKm SEKm +25% Rental income growth attributable to project 91% 492 completions, a
Slide 12: Capital structure – stable financial position
Capital structure – stable financial position Selected metrics as of 31st Dec 2025 10% 11% 33% 48% 47% 48% 2.4x Gross LTV Net LTV Equity ratio Interest coverage ratio SEK M 4,646 22% 24% 4.0% 2.7 2.5 Average Debt maturity, Average period of interest rate years interest, years Swedbank Nordea Danske
Slide 13: Earnings capacity +41% vs. Jan 1st 2025
Earnings capacity +41% vs. Jan 1st 2025 Current earnings capacity Comments The table to the left presents the current earnings capacity for Prisma’s property SEK million 1st Jan 26 management operations on a twelve-month basis Rental value 599 Rent discounts -13 The current earnings capacity is
Slide 14: Agenda
Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna
Slide 15: Q&A
Q&A 15 PRISMA
Slide 16: Prisma Properties
PRISMA PROPERTIES