Slide 1: Byggmax Conference Call Q2 Report 2025
BYGGMAX CONFERENCE CALL Q2 REPORT 2025 July 11, 2025 Karl Sandlund, CEO Helena Nathhorst, CFO
Slide 2: Strengthened profitability and well-prepared high season
STRENGTHENED PROFITABILITY AND WELL-PREPARED HIGH SEASON Q2 2025 r Like-for-like sales increased by 7.3 percent Net sales, SEK M 2199 Continued improvement of profitability Net sales growth, % +5.6% EBITA, SEK M 237 r Focus on core and simplification Leverage down to 0.8x EBITA margin, % 10.8% oO A
Slide 3: Everybody has the right to a fantastic home
EVERYBODY HAS THE RIGHT TO A FANTASTIC HOME Attractive position on valuable market ®@ Butiker Showrooms, Right assortment stores combined with e-com Low price and quick & easy shopping We care people, society, environment BYGGMAX:
Slide 4: Byggmax Group - Q2 2025
BYGGMAX GROUP - Q2 2025 CASH FLOW FROM NUMBER OF OPERATING SHARE OF E- STORES NET SALES R12 EBITA R12 ACTIVITIES R12 COMMERCE R12 SEK | SEK | SEK 212 | 6.2bn | 325M | 638m | 18%
Slide 5: Development of macro indicators
DEVELOPMENT OF MACRO INDICATORS Inflation rates Consumer confidence House transactions Sweden (R12) 14% 20 — 65 oO c 9 @ 60 12% 10 g F 55 10% : is) 50 8% [/ \ 45 | -10 \ 6% \ 40 -20 35 4% 30 -30 2% ; AL ° 0% Inflation last month each quarter 40 Average each quarter 20 %, - Qi Q@3 Qi Q@3 Qi Q@3 Qi Q@
Slide 6: Strong operational performance
STRONG OPERATIONAL PERFORMANCE Sales per quarter 2025 SEK millions Successful operational ramp-up ahead of the high period 2199 Accelerated staffing to secure full service capacity from the start 929 Strong store operations with low waste and efficient supply flows Qi Q2 BYGGMAX
Slide 7: A well-prepared high season
A WELL-PREPARED HIGH SEASON Increased product availability has significantly lowered the risk of out-of- stock Optimizing the assortment has led to a lower total inventory value Early ordering and payment have had a positive impact on margins Inventory SEK millions 1422 1334 Q2 Q2 2024 2025 Products
Slide 8: Positive effects from changes in e-com
POSITIVE EFFECTS FROM CHANGES IN E-COM Increased sales of customized Positive impact from revised Streamlined e-commerce products such as windows, doors logistics set-up assortment by phasing out non- and cabins. core products syoomax = | * ANPASSA SJALV DESIGNADITT ¢ ATTEFALLSHUS 2 BYGGMAX
Slide 9: Ongoing improvements to the store experience
ONGOING IMPROVEMENTS TO THE STORE EXPERIENCE New tech to improve Positive customer feedback customer experience and from re-arranged stores support —<—X
Slide 10: Consecutive quarters of sales and profitability growth
CONSECUTIVE QUARTERS OF SALES AND PROFITABILITY GROWTH R12 Sales R12 EBITA-margin SEK billion Percent 75 8 7 7,0 ° Sales growth over the 65 5 past four quarters 4 . “pe Profitability ee 3 strengthened over the past five quarters 5,5 ° 1 5,0 is) Ss s Pe . Bsa Bsa Sv FS os e x s og asa Re Re eRe Soh O
Slide 11: Increased sales and strengthened gross margin
INCREASED SALES AND STRENGTHENED GROSS MARGIN Sales development SEK millions 2199 2082 Other Nordic Sweden Q2 2024 Q2 2025 Gross margin Percent Q2 2024 Q2 2025 Sales - +5.6% vs last year + LFL+7.4% in Sweden and other Nordics LFL +7.2% Gross margin + Accounts payable early settlement discounts * Imp
Slide 12: Strengthened profitability
STRENGTHENED PROFITABILITY EBITA, SEK M 13 8 237 39 ae SS em eo EBITA margin +2ppt to 10.8% 9 | Improved profitability in the 184 quarter driven by increased sales and strengthened gross margin Opex increase by added store personnel to secure service Lower investment level contributes to the decline
Slide 13: Strong cash flow from operating activities
STRONG CASH FLOW FROM OPERATING ACTIVITIES Cash flow from operating Investing activities activities R12, SEK millions R12, SEK millions Cash flow before changes in working capital further strengthened in the quarter 744 driven by improved profitability 638 Working capital impact motivated by reduced
Slide 14: Strong financial position
STRONG FINANCIAL POSITION Net debt/EBITDA, x Net debt excl IFRS 16 Q2 2025 S E K 372 M Net debt/EBITDA in Q2 2025 at 0.8x d to 1.5x Q2 2024 -108M vs. Q@2 2024 comparegs0 1X 1.5 08 The average net debt leverage over Committed credit facilities the past 12 months well below the Q2 2025 financial targe
Slide 15: Prepared for the ongoing high season
PREPARED FOR THE ONGOING HIGH SEASON Solid foundation established Successful ramp-up and strong operational performance oy Position e Si Execute Focus on customers, driving sales while leveraging operational efficiency Prioritize simplicity and speed in execution Our dedicated employees are prepared
Slide 16: R SMART HANDLA BILLIGT
R SMART HANDLA BILLIGT