16 slides from Intea Fastigheter Ab Class B's earnings presentation, Jul 10, 2026
Slide 1: Interim report Q2 2026
Interim report Q2 2026 Investor presentation July 10, 2026
Slide 2: Intea in brief
INTEA IN BRIEF Key events in Q2 2026 Rental income, SEKm Surplus ratio Loan To Value Average yield1) Acquisition of police station in southern Stockholm with an underlying property value of SEK 442m and an annual rental value of approx. 913 82.7% 47.6% 5.8% (717) (83.8%) (46.8%) (5.5%) SEK 26m.
Slide 3: Strong development in the quarter
Malmö, Niagara 2, University STRONG DEVELOPMENT IN THE QUARTER SEKm Q2 2026 Q2 2025 Rental income Rental income 457 361 NOI 385 307 +28.1% (+1.2%) 1) Central administration -19 -16 Net financial items -88 -84 NOI Profit from property management 278 207 Changes in value investment properties 155 143
Slide 4: Significant events during the quarter
SIGNIFICANT EVENTS DURING THE QUARTER Acquisition Development of existing properties Police station, Stockholm Prison, Ånge Prison, Eslöv Closing, Q2 2026 Estimated completion, Q4 2027 Estimated completion, Q1 2027 Lettable area: 6.4 tsqm Lettable area: 2.9 tsqm Lettable area: 2.2 tsqm WAULT: 13 yea
Slide 5: Selection of ongoing projects
SELECTION OF ONGOING PROJECTS1) Justice Police Station, Värnamo National Forensic Center, Linköping Custody unit, Västerås Estimated completion, Q1 2029 Estimated completion, Q4 2028 Estimated completion, Q4 2028 Lettable area: 8.6 tsqm Lettable area: 5.0 tsqm Lettable area: 34.6 tsqm WAULT: 12 year
Slide 6: Project pipeline as per Q2 2026
PROJECT PIPELINE1) AS PER Q2 2026 Estimated additional rental value2) through the project portfolio, SEKm Estimated investments by category and estimated WALT 2 763 Share of estimated Estimated Average lease period 2 400 2 245 total investment3) NOI (lettable area) 932 1 992 569 Other Public <10 yrs
Slide 7: Public sector tenants and long WAULT
PUBLIC SECTOR TENANTS AND LONG WAULT Share of public tenants and WAULT Lease expiry profile, share of contracted rent public Expiry profile annuity-based rent supplements, 98,0% 9 tenants, %1) share of total, %1) 8 96,0% Average annual indexation, 43,1% Annuity-based rent, SEKm 51% 7 94,0% 6 73% 236
Slide 8: Property value and yield
Vänersborg, Haren 3, School PROPERTY VALUE AND YIELD Property value and yield1), SEKm and % 30 000 6,0% 5,9% 28 000 5,8% 5,8% 5,8% 26 000 5,6% 5,5% 5,5% 24 000 5,4% 22 000 5,2% 5,2% 5,2% 5,2% 20 000 5,0% 18 000 4,8% 16 000 4,6% 14 000 4,4% Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2
Slide 9: Solid cashflow from operations
SOLID CASHFLOW FROM OPERATIONS Cashflow from operating activities before changes in working capital, SEKm 300 1 100 250 900 200 700 150 500 100 300 50 100 0 -100 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Cashflow from operating activities (quarter), SEKm (left) Cashflow from op
Slide 10: Strong financial position
STRONG FINANCIAL POSITION Loan-to-value ratio, % Interest coverage ratio, x Net Debt/EBITDA1) 70,0% Target: 16 50-55% 4,0 Target: Not exceed 60% > 2.0x in long term 3,9 3,8 13,8 3,7 14 60,0% 3,4 12,4 12 50,0% 3,0 2,9 10,6 10,8 10,1 10,2 2,7 9,6 9,7 10 9,1 9,3 9,4 9,0 40,0% 2,4 2,3 8,1 8,0 7,7 7,7 8
Slide 11: Continued growth
CONTINUED GROWTH Long-term NAV1) (EPRA NRV), SEKm and SEK per class A and B share Profit from property management, SEK per class A and B share 12 200 58,00 1,20 1,12 4,60 1,03 1,06 11 400 56,14 0,99 55,97 56,00 1,00 4,20 4,20 10 600 0,85 0,86 53,84 54,00 0,79 3,94 9 800 0,80 3,80 0,68 3,74 9 000 52,
Slide 12: Strong balance sheet and well balanced debt profile
STRONG BALANCE SHEET AND WELL BALANCED DEBT PROFILE Interest rate term structure, SEKm and % 7 000 4,0% 6 000 3,18% 3,5% 2,99% 2,83% 2,59% 3,0% 5 000 2,20% 2,5% 4 000 2,04% Financial KPI:s Q2 2026 Q2 2025 6 650 2,0% 3 000 Interest-bearing debt, SEKm 14,417 12,205 1,5% 2 000 3 725 1,0% Average intere
Slide 13: Attractive credit margins
ATTRACTIVE CREDIT MARGINS Spread (mid, bps) Intea Spread Curve Development 130 120 110 100 90 80 70 60 50 40 30 20 10 Years to Maturity 0 0,0 0,5 1,0 1,5 2,0 2,5 3,0 3,5 4,0 4,5 5,0 Intea (02-Jan-26) Intea (02-Jul-26) Investment grade credit rating shall be maintained Long-term rating BBB Outlook St
Slide 14: Earning capacity
EARNING CAPACITY SEKm July 1, 2026 July 1, 2025 Rental income NOI Profit from property Rental income 1,812 1,522 management NOI Central administration 1,549 -68 1,318 -63 +19% +18% +20%1) Net financial items -369 -339 Profit from property management 1,112 916 Dividend Class D shares -150 -118 Profit
Slide 15: Well positioned for further growth
WELL POSITIONED FOR FURTHER GROWTH Large project pipeline provides stable and predictable growth Demand for new and modernized premises amongst many tenants More activity in transaction market Solid business model and strong financial position – well positioned for further growth Halmstad, F
Slide 16: Subsequent questions can be posted to CFO
Subsequent questions can be posted directly to CFO Magnus Ekström by email: magnus.ekstrom@intea.se Charlotta Wallman Hörlin Magnus Ekström CEO CFO +46 733 24 50 25 +46 705 49 86 02 Charlotta.wallmanhorlin@intea.se Magnus.ekstrom@intea.se CONFIDENTIAL