Slide 1: Trelleborg Q3 2025 – CFO
2 CFO VU TRELLEBORG
Slide 2: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2025 Q&A 2 TRELLEBORG GROUP
Slide 3: Organic growth with higher margin
Organic growth with higher margin Q3 2025 financial summary1 • Sales at SEK 8 532 M (8 442), an increase of 1 percent • Organic sales +4 percent, M&A +3 percent, currency -6 percent • EBITA at SEK 1 541 M (1 464), corresponding to a margin of 18.1 percent (17.3) • Strongest third quarter to date – b
Slide 4: Net sales and organic sales development by geography
Net sales and organic sales development by geography Group, Total Region Share of global Net sales, Organic Net sales, Organic net sales1 SEK M growth,% SEK M growth,% Jul – Sep 25 Jul – Sep 25 Jul – Sep 24 Jul – Sep 24 Europe 44% 3 557 +1% 3 578 -1% Americas 33% 2 850 +5% 2 770 -4% Asia & 23% 2 125
Slide 5: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2025 Q&A 5 TRELLEBORG GROUP
Slide 6: Organic growth and stable margin
Organic growth and stable margin Trelleborg Industrial Solutions1 • Organic sales +2 percent; M&A +4 percent • Solid performance in diversified industrials SEK M Q3 2025 Q3 2024 Change, % • Oil & gas project business declined – mainly Net sales 3 647 3 661 0 due to tough YoY comparison Organic, % +2
Slide 7: Strong organic sales growth
Strong organic sales growth Trelleborg Medical Solutions1 • Organic sales +13 percent; M&A +/- 0 percent • Organic sales boosted by project deliveries (not SEK M Q3 2025 Q3 2024 Change, % expected to repeat in Q4) Net sales 880 852 3 • Medtech sales in Europe performed well Organic, % +13 +1 • North
Slide 8: Solid organic growth
Solid organic growth Trelleborg Sealing Solutions1 • Organic sales +5 percent; M&A +4 percent • Industrials performed well: growth in Europe & SEK M Q3 2025 Q3 2024 Change, % Asia, weaker in North America Net sales 4 232 4 130 2 • Automotive still below last year, due to aftermarket – good developme
Slide 9: Sustainability KPIs – Group, Total
Sustainability KPIs – Group, Total Carbon dioxide emissions Scope 1 and 2 - 43%1 ktons, CO₂ 18.0 17.0 16.5 16.0 14.6 14.0 12.2 12.0 10.0 8.3 8.0 6.0 4.0 2.0 0.0 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 1 The drop in scope 1 and 2 carbon dioxide emissions was driven by the purchase of renewable energy, 9 TRELLE
Slide 10: Sustainability KPIs – Group, Total
Sustainability KPIs – Group, Total Share of renewable and fossil-free electricity + 11 p.p. GWh 81% 92% 100.0 79.8 80.7 79.4 77.2 79.6 80.0 75.9 74.8 71.9 69.5 66.6 60.0 40.0 20.0 0.0 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Renewable and fossil-free electricity Total electricity Renewable and fossil-free elec
Slide 11: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2025 Q&A 11 TRELLEBORG GROUP
Slide 12: Organic growth but negative F/X impact
Organic growth but negative F/X impact Sales development Group, Total +1% July – September (%) 8 442 8 532 Organic 4 Structural 3 Currency -6 Total 1 Q3 24 Q3 25 January – September (%) +2% Organic 1 25 387 25 949 Structural 6 Currency -5 Total 2 9M 24 9M 25 12 TRELLEBORG GROUP
Slide 13: Target: 8% annual sales growth with constant currencies over a business cycle
Target: 8% annual sales growth with constant currencies over a business cycle1 % 30% 23 20% 17 16 12 10% 8 7 7 4 5 3 3 0 0% -10% -5 22 22 23 23 23 23 24 24 24 24 25 25 25 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Of which organic growth, %: 15 15 7 3 -1 0 -3 1 1 1 1 -1 4 1 Structural growth + organic g
Slide 14: Sales development
Sales development Group, Total, R12M SEK M SEK M 9 000 35 000 8 000 30 000 7 000 25 000 6 000 5 000 20 000 4 000 15 000 3 000 10 000 2 000 5 000 1 000 0 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 21 21 22 22 22 22 23 23 23 23 24 24 24 24 25 25 25 Quarter (LHS) R12M (RHS) 14 TRELLEBORG GROU
Slide 15: EBITA and margin improved further
EBITA and margin improved further EBITA and margin development1 +0.8 p.p. +5% 1 464 1 541 17.3 18.1 EBITA Jul - Sep EBITA % Q3 24 Q3 25 Q3 24 Q3 25 +0.4 p.p. +4% 4 553 4 744 17.9 18.3 EBITA Jan - Sep EBITA % 9M 24 9M 25 9M 24 9M 25 1 Excluding items affecting comparability 15 TRELLEBORG GROUP
Slide 16: R12M EBITA – continued improvement
R12M EBITA – continued improvement EBITA and margin, R12M1 SEK M % 7 000 +6% 20 6 000 18 5 000 16 4 000 3 000 14 2 000 12 1 000 0 10 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 21 21 22 22 22 22 23 23 23 23 24 24 24 24 25 25 25 EBITA % EBITA 1 Excl. items affecting comparability 16 TRELLEBORG
Slide 17: Profit & loss statement
Profit & loss statement SEK M Q3 2025 Q3 2024 Change, % 9M 2025 9M 2024 Change, % Net sales 8 532 8 442 1 25 949 25 387 2 EBITA, excluding items affecting comparability 1 541 1 464 5 4 744 4 553 4 EBITA-margin, % 18.1 17.3 18.3 17.9 EBIT, excluding items affecting comparability 1 403 1 320 6 4 307 4
Slide 18: Significant EPS growth
Significant EPS growth Earnings per share1 +11% % % +11% 3.94 6 4 3.54 4.20 4 3.78 Group, 2 Jul - Sep Group, Total 2 excl. items affecting Total comparability 0 0 Q3 24 Q3 25 Q3 24 Q3 25 % +3% % +2% 15 15 12.50 12.79 11.74 12.05 10 10 Group, Total Group, Jan - Sep excl. items affecting Total 5 5 com
Slide 19: Solid cash flow improvement
Solid cash flow improvement Operating cash flow1 157 24 -7 3 1 741 SEK M Q3 2025 Q3 2024 Change 145 1 419 EBITDA 1 966 1 821 145 Working capital 243 86 157 Net capex -382 -406 24 Leasing -90 -83 -7 Other 4 1 3 Operating cash flow 1 741 1 419 322 Q3 24 EBITDA Working Net Leasing Other Q3 25 capital c
Slide 20: Cash conversion remains at a strong level
Cash conversion remains at a strong level Operating cash flow, R12M1 SEK M % 6 000 120 5 500 5 000 96 100 4 500 85 99 95 76 69 92 89 90 92 4 000 88 85 87 80 63 88 3 500 74 75 3 000 60 2 500 2 000 40 1 500 1 000 20 500 0 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 21 21 22 22 22 22 23 23 23
Slide 21: Strong balance sheet despite numerous acquisitions and share buy-backs
Strong balance sheet despite numerous acquisitions and share buy-backs Gearing and leverage, R12M, Group1 % 2.4 2.5 60 56 50 2.0 40 1.5 1.2 1.2 1.1 30 25 24 22 1.0 0.9 0.9 20 16 17 0.5 10 0 0.0 -10 -0.5 -0.2 -6 21 22 23 24 25 25 25 21 22 23 24 25 25 25 Q1 Q2 Q3 Q1 Q2 Q3 Net debt / Equity Net debt /
Slide 22: ROCE impacted by numerous acquisitions
ROCE impacted by numerous acquisitions Return on capital employed, R12M, %1 17.5 16.5 15.7 16.1 15.9 14.9 15.1 14.9 15.0 13.9 13.0 12.9 12.7 13.0 12.5 12.2 12.5 12.0 11.7 12.0 10.0 7.5 5.0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 21 21 22 22 22 22 23 23 23 23 24 24 24 24 25 25 25 1 Excludi
Slide 23: Financial guidelines for full-year 2025
Financial guidelines for full-year 2025 Group, Total SEK SEK SEK ~1.65 B ~500 M ~650 M ~25% Capex Restructuring Amortization of Underlying costs intangible assets tax rate 23 TRELLEBORG GROUP
Slide 24: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2025 Q&A 24 TRELLEBORG GROUP
Slide 25: Organic growth with higher margin
Organic growth with higher margin Q3 2025 financial summary 01 02 03 04 Improved Margin Value-adding Continued demand improvement M&A buy-backs All three business Strongest third Acquisition of Buy-back program areas recorded quarter to date – Singapore-based continues at a rate of organic growth. b
Slide 26: Outlook Q4 2025
Outlook Q4 2025 • Demand is expected to be on a par with the third quarter of 2025, adjusted for seasonal variations • Due to the geopolitical situation, the outlook is associated with continued uncertainty 1 Excluding items affecting comparability, continuing operations 26 TRELLEBORG GROUP
Slide 27: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2025 Q&A 27 TRELLEBORG GROUP
Slide 28: Trelleborg Group
28 TRELLEBORG GROUP VU TRELLEBORG
Slide 29: www.trelleborg.com
VA TRELLEBORG www.trelleborg .com