Slide 1: Glaston's interim report January−September 2025
Glaston’s interim report January−September 2025: Improved net sales and profitability, challenging market conditions continued October 30, 2025 Miika Äppelqvist, CEO Magnus Sjöblom, CFO
Slide 2: Content
Content • Q3/2025 highlights • Market review • Financial development • Outlook 2025
Slide 3: Q3/2025 in brief
Q3/2025 IN BRIEF
Slide 4: Q3 2025 in brief
Q3 2025 in brief • The markets continued to be soft • Order intake increased from previous quarter but down 18% year-on-year o In China, received orders developed positively o In North America, order intake continued to be heavily affected by the ongoing tariff situation o In the EMEA region, invest
Slide 5: Glaston's operating environment
Glaston’s operating environment Architectural Mobility and solar Services machine market machine market market 7-9/2025 1-9/2025 7-9/2025 1-9/2025 7-9/2025 1-9/2025 EMEA Americas China Rest of APAC Glaston view on market sentiment compared to previous year In Q3: • The Architectural market remained
Slide 6: Cost reduction program update
Cost reduction program update • The cost reduction was announced in August with the clear target to improve the company’s efficiency and reduce costs in various cost categories to ensure profitable performance • Glaston’s organizational model has been sharpened to guarantee an efficient One Glaston
Slide 7: Strategy update process progressing as planned
Strategy update process progressing as planned • The strategy update process was launched to • uniglass.com offers access to trusted glass ensure that Glaston’s medium-term growth and processing technologies in one place with a profitability targets are met new digital buying experience • As part of
Slide 8: Financial development
FINANCIAL DEVELOPMENT
Slide 9: Soft market impacted order intake
Soft market impacted order intake 9 January-September Interim Report 2025 October 30, 2025
Slide 10: Q3 net sales up 2% with high share of machines net sales in China
Q3 net sales up 2% with high share of machines net sales in China 10 January-September Interim Report 2025 October 30, 2025
Slide 11: Americas and EMEA up from 2024 level, decrease in APAC
Americas and EMEA up from 2024 level, decrease in APAC Q3 2025 net sales by region MEUR, yoy% and share of total EMEA 44% 25.1 MEUR Americas +6% 28% 15.3 MEUR +8% APAC 16.1 MEUR -9% 27% 11 January-September Interim Report 2025 October 30, 2025
Slide 12: Comparable EBITA up by 15%
Comparable EBITA up by 15% 12 January-September Interim Report 2025 October 30, 2025
Slide 13: Reporting segments
O Z a or O fal Lu or SEGMENTS
Slide 14: Architecture – markets remained soft
Architecture – markets remained soft • Machine orders were down by 15% Q3 vs Q3 1-9/ 1-9/ o Order intake for Tempering and Laminating MEUR 2025 2024* 2025 2024* Technologies affected by subdued Architectural market Order intake 34.0 -7% 103.1 -7% o Order intake for Insulating Glass machines increase
Slide 15: Mobility, Display & Solar – profitability improving
Mobility, Display & Solar – profitability improving • China continued to be the most active market for Q3 vs Q3 1-9/ 1-9/ pre-processing technologies MEUR 2025 2024* 2025 2024* • Order intake down by 42% from strong Order intake 9.4 -42% 25.4 -33% comparison period. The new orders were mainly pre-pr
Slide 16: Negative operating cash flow due to low order intake
Negative operating cash flow due to low order intake 16 January-September Interim Report 2025 October 30, 2025
Slide 17: Outlook
OUTLOOK 2025
Slide 18: Glaston's outlook for 2025
Glaston’s outlook for 2025 Glaston Corporation estimates that its net sales and comparable EBITA will decrease from the level of the previous year. Glaston expects net sales to be EUR 206−215 million and comparable EBITA to amount to EUR 13.1−15.1 million. In 2024, Group net sales totaled EUR 217.9
Slide 19: Questions
QUESTIONS
Slide 20: Financial reports in 2026
Financial reports in 2026 Financial Statement Bulletin 2025: February 13, 2026 Interim report January−March 2026: April 29, 2026 Half-year financial report January−June 2026: August 12, 2026 Interim report January−September 2026: October 28, 2026
Slide 21: Forward-looking statements disclaimer
This interim report provides future prospects involving risk and uncertainty factors, and other factors as a result of which the performance, operation, or achievements of Glaston may substantially deviate from the estimates. Forward-looking statements relating to future prospects are subject to ris
Slide 22: Glaston – changing the way the world sees glass
> www.glaston.net Glaston – changing the way the world sees glass IR-contact: agneta.selroos@glaston.net 22 January-September Interim Report 2025 October 30, 2025
Slide 23: Appendix
APPENDIX
Slide 24: US and EU architectural end-market indicators
Architecture Americas and EMEA US and EU architectural end-market indicators US housing starts annualized rate EU residential building permits in sqm Monthly 3-month average 2,000 120 Jun-25 Jun-25 100 # of starts in thousand Index (100=2021) 1,500 +5% +8% MoM 80 MoM 1,000 +0% YoY 60 +8% YoY 40 500
Slide 25: APAC architectural and Mobility & Solar end-market indicators
Architecture APAC and Mobility, Display, and Solar APAC architectural and Mobility & Solar end-market indicators China investment in real estate construction China motor vehicle production Monthly 3-month average 10 000 3,5 Million motor vehicles Sep-25 Sep-25 3,0 8 000 +3% -4% Billion yuan MoM 2,5