Slide 1: Komplett Group
-© KOMPLETT’GROUP
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
Slide 3: Highlights, Operational update, Financial performance and outlook, Appendix
Highlights Operational Financial Summary Appendix for 02-25 update performance and outlook s KOMPLETT’GROUP
Slide 4: Highlights for Q2-25
Highlights for 02-25 Jaan lvar Semlitsch, CEO
Slide 5: Q2-25 Highlights
02-25 Highlights Improved market environment YoY growth in per cent Market! YoY growth in per cent | — Market’ Jul Aug Sep Oct’ «= Nov. Dec Jan. Feb) Mar = Apr May-Jun a on Shift YoY in Shift YoY in BlackWeok Easterholdays s KOMPLETT’°GROUP * Continued market progress across both Sweden and Norway -
Slide 6: Q2-25 Key financials
02-25 Key financials Steady sales with margin uplift Operating revenue: Gross margin: NOK 3 431 million 02-24: NOK 3 418 million Opex share incl. depreciation: 14.6 per cent 02-24: 13.1 per cent EBIT (adj.): 15.2 per cent 02-24: 14.2 per cent Net working capital: NOK -22 million 02-24: NOK -38 milli
Slide 7: Operational update
Operational update Jaan lvar Semlitsch, CEO
Slide 8: Komplett
Komplett Commercial measures and cost initiatives implemented KOMPLETT* Komplett.no rated among Norway's top 10 brands with most satisfied customers - again! Continued strong momentum from expanded supplier range and product offering, both within core and adjacent categories Cost programme including
Slide 9: Webhallen
Webhallen Warehouse and back-office consolidation progressing as planned éwebhallen Successful relocation of Solna store in April with upgraded store concept Growth fuelled by successful launch of Nintendo Switch 2 Webhallen’s two Stockholm warehouses closed during the quarter and logistics fully mo
Slide 10: NetOnNet
NetOnNet Measures ongoing to reposition brand and commercial strategy net@net Repositioning of brand profile and price communication Revamped MDA assortment and private label expansion in the home categories Strong momentum in seasonal categories on expanded assortment and sales window New store ope
Slide 11: Financial performance
O35 Financial performance Thomas Rokke, CFO
Slide 12: Key financials
Key financials Stable sales and margin growth Revenue Gross profit sue 3431 04%) «ua 502 02-24 02-25 02-24 02-25 Operating expenses! (adj.) EBIT (adj.) 523 485 02-24 02-25 02-24 02-25 Including depreciation and amortisation s KOMPLETT’°GROUP Stable sales up 0.4 per cent in improved markets - Negativ
Slide 13: B2C: Solid growth in Norway
B2C Solid growth in Norway 3677 2543 2392 2343 02-24 03-24 04-24 1-25 38 -28 -25 02-24 03-24 04-24 1-25 net@net s KOMPLETT’°GROUP © komptett’ 2509 02-25 02-25 Il Revenue(NOK million) @ Gross margin(%) Ml _EBIT (NOK million) @ EBIT margin (%) * Revenue up 4.9 per cent YoY (+0.8 per cent LFL) - Revenu
Slide 14: B2B: Improved profitability
B2B Improved profitability 417 422 366 I Revenue(NOK million) 330 329 @ Gross margin (%) 02-24 03-24 04-24 1-25 02-25 I _EBIT (NOK million) 23 @ EBIT margin(%) 19 2-24 03-24 04-24 Q1-25 92-25 @kompert’ IRONSTONE s KOMPLETT’°GROUP * Aslight revenue decline of 0.4 per cent (-1.1 per cent LFL) - Stable
Slide 15: Distribution
Distribution Delayed customer demand 795 786 696 660 Hl Revenue(NOK million) 593 @ Gross margin(%) 02-24 03-24 04-24 1-25 02-25 12 Hl _EBIT (NOK million) @ EBIT margin (%) 02-24 3-24 04-24 Q1-25 Q2-25 @itegra s KOMPLETT’°GROUP * Revenue down 14.8 per cent (-15.2 per cent LFL) - Revenue decrease driv
Slide 16: Cash flow and working capital
Cash flow and working capital Net working capital reflecting improved commercial terms Cash flow Net cash flow from operating activities Net cash used in investing activities Net cash used in financing activities Net change in cash and cash equivalents Net working capital Inventory Trade receivables
Slide 17: Financial position
Financial position Continued solid liquidity Liquidity reserve Net interest-bearing debt 1068 1352 1000 1263 02-24 02-25 02-24 02-25 Leverage ratio 3.9x 3.8x 3.4x 3.0x : a 02-24 03-24 04-24 Q1-25 02-25 NIBD/LTM EBITDA s KOMPLETT’°GROUP Continued solid liquidity reserve of NOK 1.1bn at the end of the
Slide 18: Summary and outlook
Summary and outlook Jaan lvar Semlitsch, CEO
Slide 19: Key takeaways
Key takeaways Ongoing measures progressing as planned in improving markets KOMPLETT’°GROUP Stable sales despite negative impact from volume rebalancing and consolidation measures, in an improved market environment Gross profit growth of 12.3 per cent, driven by optimised commercial execution and sup
Slide 20: Outlook
Outlook Increasing effects from new launches and cost measures s KOMPLETT’°GROUP Improving market momentum supported by strategic and commercial initiatives Impulse from new product launches expected to continue as higher volumes and more innovations become available Growing positive impact from ong
Slide 21: Appendix
Appendix
Slide 22: Alternative Performance Measures (APMs)
| Alternative Performance Measures (APMs) ‘Tho APMa ood Komplet Grupare dtined 0 et ut below: rok rat: Tle operating revere ees cost of goad ot The grouphseprecetedtisitom: ESITORext.mpast of FASE Derived am nani ctatemecte athe ur af operaingresut _EBIT margh: Operating ret (EBT}20apercotago total
Slide 23: Photo: Bjorn Wad
Photo: Bjorn Wad