Itab Shop Concept Ab · OMXSTO:ITAB

Itab Shop Concept Ab — Q1 2026 Earnings Presentation

17 slides from Itab Shop Concept Ab's earnings presentation, Apr 30, 2026

1. Slide 1: Interim Report Q1 2026

   30 APRIL 2026 Interim Report Q1 2026 ITAB Group

2. Slide 2: ITAB Group at a glance

   GLAUCO FRASCAROLI ITAB Group at a glance . P. 2 © ITAB Group 2026. All rights reserved.

3. Slide 3: ITAB Group at a glance – pro forma for 2025

   ITAB Group at a glance – pro forma for 2025 ITAB GROUP MAIN CUSTOMER GROUPS SOLUTIONS Grocery production 22 facilities 13,270 MSEK 51% of Net sales Retail Interior in 16 Net sales Fashion / Apparel Retail Technology countries 12% of Net sales Retail Lighting ITAB 835 MSEK DIY/ Home improvement Retai

4. Slide 4: Highlights Q1 2026

   Highlights Q1 2026 Solid start of the year in a cautious market Q1 2026 Rolling 12 months Net sales 2,922 MSEK ( -7% currency adjusted) Improved margins Net sales 12,883 MSEK – with purchasing (13,270 MSEK in 2025) Adjusted EBITA synergies and lower Adjusted EBITA 795 MSEK 164 MSEK (192 MSEK) SG&A e

5. Slide 5: Interim Report Q1 2026

   ANDREAS HELMERSSON Interim Report Q1 2026 . P. 5 © ITAB Group 2026. All rights reserved.

6. Slide 6: Stable margins despite slower sales in Q1, with cash flow lowering our net debt

   PRO FORMA Stable margins despite slower sales in Q1, with cash flow lowering our net debt further following our acquisition of HMY Net sales and adjusted EBITA (MSEK, %) First quarter PF Full year PF MSEK Q1 2026 Q1 2025 Δ 2026 R12 2025 Δ 13,279 13,270 12,883 Net sales 2,922 3,308 -12% 12,883 13,270

7. Slide 7: Currency adjusted Q1 Net Sales declined -7%, while gross margin and underlying EBITA margins remained level

   PRO FORMA Currency adjusted Q1 Net Sales declined -7%, while gross margin and underlying EBITA margins remained at the same level as last year Net Sales, MSEK Adj Gross Profit*, MSEK Adj EBITA**, MSEK 13.740 1.000 4.000 300 934 1.000 4.000 12.883 14.000 3.326 3.071 795 13.000 800 800 3.000 3.000 12.

8. Slide 8: In Q1, sales was lower across customer groups reflecting a hesitant market

   PRO FORMA In Q1, sales was lower across customer groups reflecting a hesitant market overall where projects have pushed into Q2 Net sales by customer group excl. countries with hyperinflation 1 at fixed currency rate, MSEK ► Uncertain business environment, driven by 1.800 -5% the US –Iran war 1.600

9. Slide 9: Sales performance was mixed depending on geography

   PRO FORMA However, sales performance was mixed depending on geography: Northern Europe, Spain, France and RoW developed favorably while other geographies were weaker Net sales by geographical region excl. countries with hyperinflation 1 at fixed currency rate, MSEK 1.800 -9% ► Mixed performance betw

10. Slide 10: EBITA was mainly negatively affected by sales volume while margin/mix contributed positively

    PRO FORMA Compared to last year, EBITA was mainly negatively affected by sales volume while margin/mix contributed positively EBITA* bridge excluding currency effects, MSEK 6.2% 5.6% -59 2 ► Margin / Mix -8 1 24 ► Spain, France, North Europe and RoW sales ► Net of selling and admin costs 204 164 ► I

11. Slide 11: Operating cash flow continues to be strong

    NOT PRO FORMA Operating cash flow continues to be strong, currently at 214 MSEK in 2026Q1 and 973 MSEK rolling 12 months Working Capital % of sales Operating cash flow, M SEK 13% +387 13 13% 12% 821 973 12% 882 12 11% 11 746 785 10% 10 677 9% 624 586 9 8% 8 456 323 7 214 287 6 160 5% 64 77 5 26 4 -9

12. Slide 12: Net Debt now at 2,167 MSEK, less than last quarter

    NOT PRO FORMA Net Debt now at 2,167 MSEK, which is 165 MSEK (7%) less than last quarter and continuing the decreasing trend in debt Quarterly Net Debt excluding Leasing, M SEK Quarter Net Debt bridge excluding Leasing, M SEK 3,500 0 -2,050 36 -40 2,167 2,500 -2,100 -50 -34 -2,332 -2,150 1,500 2,618

13. Slide 13: We have executed on about one third of synergy potentials

    We have executed on about one third of synergy potentials Synergy potentials and execution progress Total target and progress Area Progress Activities done Activities ongoing Spend consolidation and Continued re -negotiations sourcing plan development. 30 M€ Procurement Implementation started with a

14. Slide 14: Priorities for the future

    GLAUCO FRASCAROLI Priorities for the future . P. 14 © ITAB Group 2026. All rights reserved.

15. Slide 15: Main priorities

    Going forward Main priorities Profitable growth by capitalising on all the positive outcome from EuroShop in February – with a focus on our solutions for loss prevention and store efficiency. Measures to improve our profitability continuously assessed and implemented in all parts of the Group. Mitig

16. Slide 16: Questions?

    Questions? P. 16 © ITAB Group 2026. All rights reserved.

17. Slide 17: Rethink Retail. Together.

    Rethink Retail. Together. (TAB | sum | wf | ies)

ITAB Shop Concept — Q1 2026 Earnings Presentation on 6ix