Slide 1: Second Quarter 2026
17 July 2026 Second Quarter 2026 Vebjørn Torsetnes, CEO Thomas Røkke, CFO
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Komplett ASA (the “Company”) solely for information purposes. The presentation does not constitute an invitation or offer to acquire, purchase or subscribe for securities. This presentation includes forward-looking statements which are based on our c
Slide 3: Agenda
Agenda 01 02 03 04 05 Highlights Operational Financial Summary Appendix for Q2-26 update performance and outlook 3
Slide 4: Highlights for Q2-26
01 Highlights for Q2-26 Vebjørn Torsetnes, CEO
Slide 5: Continued improvement in Q2-26
Highlights Continued improvement in Q2-26 Operating revenue: Gross margin: NOK 3 575 million 14.1 per cent Q2-25: NOK 3 431 million Q2-25: 14.6 per cent Strong seasonal demand offset Gross margin performance headwinds in gaming and affected by sales mix and components rebalancing Opex share incl. de
Slide 6: Operational update
02 Operational update Vebjørn Torsetnes, CEO
Slide 7: Strengthening our position – close to the customer
Komplett Strengthening our position – close to the customer • Successful launch of Gaming HUB – a destination for gaming, e-sports and tech enthusiasts, host of the Komplett Gaming League championship • Continued improvements of commercial experience and customer journey • Strengthening of services
Slide 8: Strengthened sales and improved cost efficiency
NetOnNet Strengthened sales and improved cost efficiency • Seasonal assortment driving demand, supported by targeted campaigns and strong category execution • New third-party logistics (3PL) partner onboarded, enabling greater cost efficiency and improved scalability • Further strengthening of priva
Slide 9: Commercial measures and cost management advancing
Webhallen Commercial measures and cost management advancing • Strong growth in non-computing categories offsets impact from weaker innovation cycles • Implementation of new checkout with standard and express delivery • Opening of cardboard collective making a footprint in trading card games-communit
Slide 10: Financial performance
03 Financial performance Thomas Røkke, CFO
Slide 11: Strong sales and cost control
Key financials Strong sales and cost control • 4.2 per cent revenue growth despite headwinds in gaming and components - Strong momentum in consumer electronics, telecom and seasonal Revenue Gross profit sales, supported by commercial initiatives and targeted campaigns - All three business segments c
Slide 12: Growth amid market headwinds
B2C Growth amid market headwinds 3 896 Revenue (NOK million) • Revenues up 1.9 per cent YoY (+6.0 per cent LFL) Gross margin (%) 2 686 2 557 - In Norway, the operations had a decline of 1.6 per cent, impacted 2 509 2 350 by effects of memory pricing, offset by +9.9 per cent in Sweden and + 1.1 per c
Slide 13: Top and bottom-line progress
B2B Top and bottom-line progress 436 412 387 Revenue (NOK million) • Revenue increase of 6.7 per cent (+7.3 per cent LFL) 351 Gross margin (%) 329 - Growth driven by stronger performance in Norway with +7.0 per cent growth, +9.8 per cent in Sweden (LFL, YoY) - Stable underlying demand, supported by
Slide 14: Solid growth, stable earnings
Distribution Solid growth, stable earnings 824 Revenue (NOK million) • Revenue growth of 12.5 per cent (+13.0 per cent LFL) 720 664 667 Gross margin (%) - Revenue increase of 15.1 per cent in Norway, while Sweden had a 593 decline of 14.8 per cent (YoY, LFL) - Growth driven by increased demand from
Slide 15: Working capital improvements
Cash flow and working capital Working capital improvements • Net cash flow from operations reflected reductions in Cash flow Q2-26 Q2-25 YTD-26 YTD-25 FY-25 inventories of NOK 254 million and NOK 37 million in Net cash flow from operating accounts receivables, and a corresponding decline in trade 23
Slide 16: Continued solid liquidity
Financial position Continued solid liquidity Liquidity reserve Net interest-bearing debt • Continued solid liquidity reserve of NOK ~1.1 bn 1 068 1 053 1 352 - Comprises available cash of NOK 153 million and undrawn credit 1 223 -15m facilities -129m • Net interest-bearing debt reduced - Down to NOK
Slide 17: Summary and outlook
04 Summary and outlook Vebjørn Torsetnes, CEO
Slide 18: Well positioned to navigate market uncertainty
Summary and outlook Well positioned to navigate market uncertainty • EBIT adj. improvement of NOK 39 million, driven by strong seasonal demand and sustained cost discipline • Outlook characterised by continued headwinds and market uncertainty, yet generally positive macroeconomic conditions • Komple
Slide 19: Appendix
05 Appendix
Slide 20: Alternative Performance Measures (APMs)
Alternative Performance Measures (APMs) 20
Slide 21: Slide 21