Enad Global 7 Ab · OMXSTO:EG7

Enad Global 7 Ab — Q1 2026 Earnings Presentation

16 slides from Enad Global 7 Ab's earnings presentation, May 7, 2026

1. Slide 1: Investor Presentation Q1 2026

   x Investor Presentation Q1 2026 2026/05/07

2. Slide 2: Q1 2026 Key Performance Figures

   EG7 Q1 2026 INTERIM REPORT Q1 2026 Key Performance Figures Profitable quarter; underlying business resilient excluding FX and release - timing effects NET REVENUE ADJUSTED EBITDA ADJ. EBITDA MARGIN 345.3 MSEK 51.0MSEK 14.8 % - 24.2% YoY / - 13.1% organic FX - adj. - 30.8% YoY (vs 73.7 MSEK LY) - 140

3. Slide 3: Underlying business stable once FX and release timing are isolated

   EG7 Q1 2026 INTERIM REPORT Underlying business stable once FX and release - timing are isolated Net Revenue Bridge: Q1 2025 → Q1 2026 (SEK million) 455.3 -50.4 KEY TAKEAWAYS -99.6 ▸ FX - adjusted organic decline +40.0 345.3 - 13.1% (vs reported −24.2%) ▸ Fireshine release timing Q1 25 had three larg

4. Slide 4: Strategic actions to achieve sustainable profitability

   EG7 Q1 2026 INTERIM REPORT Strategic actions to achieve sustainable profitability Concrete, quantified steps taken in Q1 to align incentives, streamline operations and strengthen the cost base COST DISCIPLINE BALANCE SHEET M&A SEK 32M annualized cost program Daybreak earnout settled at a discount Pr

5. Slide 5: Strong organic momentum for our live service businesses

   EG7 Q1 2026 INTERIM REPORT Strong organic momentum for our live service businesses The underlying portfolio is healthier than the headline suggests 90.9% OF GROUP NET REVENUE FROM "MORE PREDICTABLE" SOURCES SEK 313.8 million (Q1 2025: 318.7) — declining only 1.5% YoY • Live service + back catalogue

6. Slide 6: Strongest release pipeline in EG7's history

   EG7 Q1 2026 INTERIM REPORT Strongest release pipeline in EG7’s history Robust 2026 slate — first major release in Q2 with Far Far West ALREADY SHIPPED WEEK - ONE UNITS Far Far West ( Fireshine ) – early access release on 96% overwhelmingly positive rating on Steam April 28, 2026 700K Far Far West Pa

7. Slide 7: Financial Discussion

   Financial Discussion

8. Slide 8: Net Revenue and Adjusted EBITDA

   EG7 Q1 2026 INTERIM REPORT Net Revenue and Adjusted EBITDA QUARTERLY LTM (MSEK) (MSEK) 500 100% 2 000 100% 455 1 787 1 813 450 437 90% 1 800 90% 1 702 1 626 400 379 80% 1 600 1 516 80% 355 345 350 70% 1 400 70% 300 60% 1 200 60% 250 50% 1 000 50% 200 40% 800 40% 150 30% 600 30% 74 80 338 342 63 51 3

9. Slide 9: More predictable part of Net Revenue

   EG7 Q1 2026 INTERIM REPORT More predictable part of Net Revenue QUARTERLY LTM (MSEK) (MSEK) 500 100% 3000 90% 455 437 91% 84% 450 90% 80% 88% 78% 2500 74% 400 379 79% 80% 73% 78% 71% 71% 70% 355 346 345 350 70% 70% 319 311 314 2000 60% 297 1787 1813 300 60% 1713 1702 1626 1516 50% 250 50% 1500 1247

10. Slide 10: Net Revenue & Adj. EBITDA – Daybreak & Big Blue Bubble

    EG7 Q1 2026 INTERIM REPORT Q1 NET REVENUE CONTRIBUTION Daybreak 190 55% Net Revenue & Adj. EBITDA – Big Blue Bubble Rest of the group 61 94 18% 27% Daybreak & Big Blue Bubble Group Total 345 100% Q1 ADJ EBITDA CONTRIBUTION Daybreak 30 59% Big Blue Bubble 30 59% Rest of the group incl Holding -9 -18%

11. Slide 11: Net Revenue & Adj. EBITDA – Fireshine & Petrol

    EG7 Q1 2026 INTERIM REPORT Q1 NET REVENUE CONTRIBUTION Net Revenue & Adj. EBITDA – Fireshine Petrol 45 28 13% 8% Fireshine & Petrol Rest of the group Group Total 272 345 79% 100% Q1 ADJ EBITDA CONTRIBUTION Fireshine -2 -4% Petrol -4 -8% Rest of the group incl Holding 57 112% Group Total 51 100% FIRE

12. Slide 12: Net Revenue & Adj. EBITDA – Piranha

    EG7 Q1 2026 INTERIM REPORT Q1 NET REVENUE CONTRIBUTION Piranha 21 6% Net Revenue & Adj. EBITDA – Rest of the group 324 94% Piranha Group Total 345 100% Q1 ADJ EBITDA CONTRIBUTION Piranha 8 16% Rest of the group incl Holding 43 84% Group Total 51 100% PIRANHA (MSEK) 40 100% 34 90% 35 30 80% 30 70% 25

13. Slide 13: Net Cash Position

    EG7 Q1 2026 INTERIM REPORT Net Cash Position (MSEK) Cash Flow Q1 YTD 700 Cash OB 390 390 600 579 Operation* 89 89 500 455 Investing** - 174 - 174 396 390 400 100 MSEK RCF Financing*** - 16 - 16 293 unutilized 300 Delta Cash - 100 - 100 200 Currency fluctuations in 3 3 100 liquidity 0 Cash CB 293 293

14. Slide 14: Summary

    Summary

15. Slide 15: Key Takeaways

    EG7 Q1 2026 INTERIM REPORT Key Takeaways Underlying business is resilient 1 90.9% of Net Revenue from "more predictable" sources, declining only 1.5% YoY. Reported - 24.2% explained by FX (SEK 50.4 million ) and Fireshine ’s backloaded 2026 release timing. Strong organic momentum across the largest

16. Slide 16: <z i.) So

    <z i.) So

Enad Global 7 — Q1 2026 Earnings Presentation on 6ix