C.a.g Group Ab · OMXSTO:CAG
C.a.g Group Ab — Q1 2026 Earnings Presentation
14 slides from C.a.g Group Ab's earnings presentation, April 2026
Slide 1: CAG Group Q1, 2026
CAG CAG Group Q1, 2026 We accelerate digital innovation for people . Leading technology . Lasting impact
Slide 2: Key Take-Aways
CAG Key Take -Aways • Peter Strömberg, new CEO per May 7 • Acquisition of Clara Financial Consulting April 1 • Three balanced segments: Defence , Banking & Finance , System Development • Frame agreement with FMV and FM ( through NESP), 3+4 years • Q2 and Q4: + 1 working day vs 2025
Slide 3: Consistent Growth and Profitability
Consistent Growth and Profitability CAGR 10% Total Revenue, MSEK Adjusted EBITA, % and MSEK 894 82,2 872 849 73,1 74,6 800 75,0 653 9,2 % 52,2 9,1% 39,7 44,7 533 33,0 39,8 489 488 395 8,6 % 8,8 % 8,4 % 8,0 % 8,1% 8,1% 8,0 % 2017 2018 2019 2020 2021 2022 2023 2024 2025 2017 2018 2019 2020 2021 2022 2
Slide 4: January - March 2026
January - March 2026 • Revenue 216.1 (230.4) MSEK , - 6.2%, excl subcontractors –5.1%. Half attributable to discontinued subsidiary in Q1 2025 • Adj EBITA margin 8.3% (9.9), adj EBITA 18.0 (22.8) MSEK • Cash flow from operations 16.7 (14.5) MSEK • After -tax profit 12.0 (13.5) MSEK • Profit per shar
Slide 5: A Stronger Banking & Finance Segment
CAG A Stronger Banking & Finance Segment • Banking & Finance with focus on Asset Management • 2025 revenue 102 MSEK, EBITA margin 22%, 40 employees • Leading partner to SimCorp in the Nordics (SCD) • Customers : public and private asset managers • Total consideration 123.5 MSEK: • Initial payment 63
Slide 6: New Assignments and Frame Agreements, Q1
New Assignments and Frame Agreements, Q1 • FMV and FM via NESP, systems engineering/life cycle management for the Swedish Armed Forces' technical systems. Valid 3 + 4 years . Estimated annual volume 140 MSEK • Defence : FMV, Saab, BAE Systems Hägglunds • Banking & Finance : Finansinspektionen, Swedb
Slide 7: Focused Customer Segments
Focused Customer Segments (figures per Q1 2026) Other Industry & 9% Defence Industry Infrastructure 9% • ~300 active customers 4% • Defence segment, 3 8 (35) percent of revenue Retail & Services 12% • Largest customer , 21 (20) percent of revenue Defence Agencies • Recurring revenue , >20 percent 29
Slide 8: Solid Customer Base
Solid Customer Base Handelsbanken NORWEGIAN DEFENCE MATERIEL AGENCY DOPPLER RADARS Vv AP3 Tredje AP-fonden EAD instrsatcringar | -DNB- - AVANZAL yoy saruionn CMP) Loe ° : @ SYKEHUSAPOTEKENE IIL mesion stocknotm Folksam y xylem S G) ARBETSFORMEDLINGEN tillvaxt ‘SWEDISH PUBLIC EMPLOYMENT SERVICE SG gX
Slide 9: Financial Position Enables M&A
Financial Position Enables M&A Financial Position (KSEK) March 31, 2026 March 31, 2025 New debt : 50 MSEK Cash at end - of - period 128 008 110 643 Net cash (+) / Net debt (- ) 98 204 62 340 Net Debt */Equity: ~ -0.3 Net cash (+) / Net debt (- ) exclusive of leasing 123 342 87 309 Net Debt */EBITDA:
Slide 10: Key Take-Aways
CAG Key Take -Aways • Acquisition of Clara Financial Consulting April 1 • Three balanced segments: Defence , Banking & Finance , System Development • Frame agreements with FMV and FM ( through NESP) • Q2 and Q4: + 1 working day vs 2025 • Peter Strömberg, new CEO per May 7
Slide 11: Peter Strömberg, CEO per May 7
CAG Peter Strömberg, CEO per May 7 • M. Sc. Business & IT, University of Stockholm • Swedish Marines ( Kustjägarskolan ) • Nasdaq/OMX Technology/OM, VP Market Technology Solutions • RSA, Head of IT Operations & Service Management • Avanza Bank, CIO, CPTO • Foxway , CDO • Board member in various tech
Slide 12: A Final Word... Thank You!
CAG A Final Word... Thank You!
Slide 13: Thank You! Questions?
CAG Thank You ! Questions ? Åsa Landén Ericsson, CEO CAG Group
Slide 14: CAG
Leading technology Lasting impact