Slide 1: Prisma Properties
PRISMA PROPERTIES
Slide 2: Today's presenters
Today’s presenters Fredrik Mässing Martin Lindqvist CEO CFO 2
Slide 3: Agenda
Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna
Slide 4: Q3 2025 summary – from build-up to acceleration phase
Q3 2025 summary – from build-up to acceleration phase Highlights Rental income development Key figures SEKm Updated financial targets. Net LTV adjusted from 50% to 55% +16% Earnings Capacity up 46% compared to last year 138 SEK 8.1bn Acquisitions of SEK 465 million in the quarter and divestmen
Slide 5: Tenants and lease maturity development – WAULT of 7.8 years
Tenants and lease maturity development– WAULT of 7.8 years Tenant base – including ongoing projects Rental income split Lease maturity structure – 83% of leases mature 2030 and beyond Top 10 largest tenants1 32% Tenant Category Rental value 41% SEKm % Tokmanni Group GD 110 19% Groceries and Daily-go
Slide 6: Property portfolio – yields stable
Property portfolio – yields stable Property portfolio Changes in the property portfolio (Q4’24 vs. Q3’25) SEKm +146 -50 +287 Norway Finland Project properties -184 50 27 694 Denmark +594 1 312 Property value Property value 8 066 per geography, per type, SEKm SEKm 7 273 Sweden Property 6 677 7 372 Fa
Slide 7: Current development portfolio – nine ongoing projects
Current development portfolio – nine ongoing projects with 7,7% avg YoC Project portfolio overview Estimations, SEKm Estimated NLA, Property name / Location Country Municipality Category Rental Total Remaining WAULT, completion sqm NOI value investment investment years Fröklängen 1 Sweden Lycksele G
Slide 8: Construction Starts – Q4 2025 to Q4 2026
Construction Starts – Q4 2025 to Q4 2026 Planned projects Tenant Municipality NLA sqm Investment (Msek) Q3 25 Q4 25 Q1 25 Q2 26 Q3 26 Q4 26 Q1 27 Q2 27 Q3 27 Q4 27 Netto and QSR & Charging Hammelev, DK Started Q3 Rusta, Jysk Trosa, SE Started Q3 Big Dollar Haderslev, DK Started Q3 Kesko, Rusta Ylivi
Slide 9: Shareholders as of Sep 30th
Shareholders as of Sep 30th Shareholders # shares % Alma Property Partners II 57 711 693 35,1% Alma Property Partners I 33 369 325 20,3% Capital Group 9 781 818 6,0% Bonnier Fastigheter Invest 8 807 382 5,4% Länsförsäkringar Fonder 6 620 000 4,0% Swedbank Robur Fonder 6 433 165 3,9% Case Kapitalförv
Slide 10: Agenda
Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna
Slide 11: Income – growing rental income on the back of completed projects
Income – growing rental income on the back of completed projects, acquisitions and CPI adjustments Rental income excl other income Net operating income & surplus ratio Profit from property management, adjusted *) SEKm SEKm SEKm +16% Rental income growth 91% 90% 88% attributable to project 88% comple
Slide 12: Capital structure – stable financial position
Capital structure – stable financial position Selected metrics as of 30th Sep 2025 45% 38% 53% 2.5x 12% 13% Gross LTV Net LTV Equity ratio Interest 43% coverage ratio SEK 3,601 32% 4.06% 2.8 2.8 (4,02%) Debt maturity, Average period of Average years interest, years interest rate Swedbank Nordea Spar
Slide 13: Earnings capacity +46% vs. Oct 1st 2024
Earnings capacity +46% vs. Oct 1st 2024 Current earnings capacity Comments The table to the left presents the current earnings capacity for Prisma’s property SEK million 1st Oct 25 management operations on a twelve-month basis Rental value 517 The current earnings capacity is not a forecast and
Slide 14: Agenda
Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna
Slide 15: Q&A
Q&A 15 PRISMA
Slide 16: Appendix
Appendix Algutsum 20:24, Mörbylånga
Slide 17: Income statement
Income statement 2025 2024 2025 2024 R12 2024 SEK million July-Sept July-Sept Jan-Sept Jan-Sept 2024/2025 Jan-Dec Rental income 123 98 354 291 457 393 Invoiced property costs 12 10 34 30 46 42 Property costs -21 -16 -67 -52 -85 -70 Property administration -6 -4 -19 -14 -25 -20 Net operating income 1
Slide 18: Balance sheet
Balance sheet 2025 2024 2025 2024 SEK million 30-sep 30-sep SEK million 30-sep 30-sep ASSETS EQUITY Fixed assets Equity Intangible assets Share capital 1 1 Goodwill 174 174 Equity attributable to parent company's shareholders 4 779 4 450 Other intangible assets 4 3 Equity attributable to non-control
Slide 19: Cash flow statement
Cash flow statement 2025 2024 2025 2024 R12 2024 SEK million July-Sept July-Sept Jan-Sept Jan-Sept 2024/2025 Jan-Dec Operating activities Earnings before tax 132 27 297 -22 406 86 Adjustments for items not included in the cash flow -70 14 -139 91 -188 41 Financial items -1 -6 1 -16 12 -5 Change in v
Slide 20: Prisma Properties
PRISMA PROPERTIES