Slide 1: Q3 Report Presentation
Q3 REPORT PRESENTATION Martin Tivéus CEO / Mikael Malmgren CFO 24 October 2025
Slide 2: Attendo's strongest quarter to date
Net sales and EBITA (SEKm) Q3 2025 highlights Q3 2024 Q3 2025 Attendo’s strongest quarter to date -2% +80 4,875 4,769 482 402 • Net Sales SEK 4.8bn (-2%): Underlying growth of 3.5% excluding ended contracts, exits and currency effects • Increased occupancy: More than 1 percentage point increase in b
Slide 3: Occupancy development
Occupancy development Increasing occupancy – highest in 8 years Occupancy increasing mainly due to more sold beds in nursing homes Occupancy in all homes1, % Total Attendo Scandinavia Attendo Finland 90 88 87 86 86 86 86 86 86 86 86 86 85 85 85 85 84 84 84 84 83 83 82 81 80 78 76 0 Q1 Q2 Q3 Q4 Q1 Q2
Slide 4: Accelerated margin improvement led by strong development in Finland
Margin and net sales development Accelerated margin improvement led by strong development in Finland Net sales R12, SEK Billion 1,2 Attendo lease adjusted EBITA %, R12M Net sales Scandinavia Net sales Finland Lease Adj EBITA R12, % 20 19.0 19.3 19.2 19.1 7.0 18.1 18.5 17.6 6.2 6.5 17.3 16.7 5.7 5.8
Slide 5: Underlying growth in both BA's offset by ended contracts, exits and fx headwind
Sales development Underlying growth in both BA’s offset by ended contracts, exits and fx headwind Net sales; SEK million -2% 4,875 30 -106 -85 54 4,769 Q3 2024 AS - organic AF - organic Acquisitions Currency Q3 2025 AS = Attendo Scandinavia; AF = Attendo Finland 5
Slide 6: Our strongest quarter to date, AF main driver
EBITA development Our strongest quarter to date, AF main driver EBITA; SEK million +113 648 36 -10 -3 2 -13 536 85 166 4 134 +20% 482 402 IFRS16 effect Lease adjusted Q3 2024 AS - lease AF - lease Other IFRS16 Currency Q3 2025 adjusted adjusted effect 6
Slide 7: Attendo Finland Q3 2025: Increased occupancy
Attendo Finland Q3 2025 Increased occupancy Underlying growth of 3.7 percent (excluding exited rehab operations MSEK % and fx headwind) driven by: 400 351 10 • More sold beds in nursing homes 8 300 277 • Acquisitions 249 6 200 4 Improved result and margin 100 • Strong occupancy development 2 • Lower
Slide 8: Attendo Scandinavia Q3 2025: Focus on increasing profitability
Attendo Scandinavia Q3 2025 Focus on increasing profitability Underlying net sales growth of 3.1% MSEK % • More sold beds in own nursing homes 200 8 164 7 • Ended outsourcing and exiting home care contracts more than 150 150 6 offset underlying growth 116 5 100 4 3 Further initiatives to increase pr
Slide 9: Free cash flow R12 increased SEK 267m (+37%) to SEK 981m
Free cash flow R12 increased SEK 267m (+37%) to SEK 981m SEKm Q3 2025 Q3 2024 R12 Operating profit (EBITA) 648 536 1,772 Paid tax, non cash items and depreciation 449 489 1,786 Cash flow before changes in working capital 1,097 1,025 3,558 Change in working capital -243 -286 45 Cash flow after change
Slide 10: Utilization of free cash flow in line with active capital allocation strategy
Utilization of free cash flow in line with active capital allocation strategy Q3 2025 R12, MSEK 981 -179 -423 -200 223 44 Free cash flow Dividends Repurchase of Acquisitions Fx, other Effect on net debt own shares etc. 10
Slide 11: Key financial metrics on right track and improving
Key financial metrics on right track and improving EPS bridge; Q3 2025 vs Q3 2024; SEK Lease adjusted EBITA margin* R12, % Adjusted EPS Q3 2024 1.87 6.5 6.2% Changes in lease adjusted EBITA 0.46 6.0 5.7% 5.8% 5.4% 5.5 Changes in financial items 0.05 4.9% 5.0 Changes in income tax -0.09 4.5 4.0 Chang
Slide 12: Well on track to beat our 2026 adjusted EPS target
Well on track to beat our 2026 adjusted EPS target of minimum SEK 5.50 already this year Adjusted EPS, R12, SEK Financial target 2024-2026 : EPS > 5.50 sek/share 5.43 5.5 4.79 4.94 5.34 5.0 4.5 4.81 4.08 4.63 4.0 +77% 3.5 3.65 3.02 3.0 3.17 3.25 2.41 2.5 2.0 1.76 1.5 0.96 1.03 1.0 0.68 0.5 Q3 2022 Q
Slide 13: Summary of Q3 2025
Summary of Q3 2025 • Strongest quarter to date driven by Finland with increased occupancy in both markets • Finland: Increased occupancy • Scandinavia: Focus on increasing profitability • Healthy own pipeline to support growth next 3 years • Very strong cash flow, share buy-backs continues in Q4 • W
Slide 14: our Me ut
our Me ut INTO UT