Slide 1: Q1 2026 Results presentation
Q1 2026 Results presentation Yannick Fierling, President and CEO Therese Friberg, CFO Ann-Sofi Jönsson, Head of IR & Sust. reporting
Slide 2: Announced initiatives drive growth and cost efficiency improvements
Announced initiatives drive growth and cost efficiency improvements Announced initiatives Drive growth and Improve efficiency Increase Additional Fully-underwritten strengthen profitability across the organizational growth initiatives, rights issue to in North America organization and agility and fo
Slide 3: Flat organic growth in challenging market environment
Flat organic growth in challenging market environment SEKm Q1 2026 Q1 2025 Change Organic sales largely unchanged Net sales 29,543 32,576 -9.3 % • Organic sales increased in EMEA APAC and Latin America, Organic growth -0.5 % 7.9% -8.4 pts higher sales volumes and a negative price development Divestm
Slide 4: Europe, Middle East & Africa and Asia-Pacific
Europe, Middle East & Africa and Asia-Pacific SEKm Q1 2026 Q1 2025 Change AEG and Electrolux brands continued to gain market share Net sales 13,823 14,115 -2.1% Organic growth 3.6% 1.2% 2.4pts • Organic sales increase, driven by higher volumes and Divestments 0.0% -2.0% 2.0pts improved mix Currency
Slide 5: Market demand in Europe flat
Market demand in Europe flat European core appliances market - total European shipments, quarterly unit comparison y-o-y Market -9% in Q1 2026 vs. Q1 2019 Source: Electrolux estimates. As from Q1 2020, Russia is excluded. Electrolux estimates are subject to restatement. – Q1 2026MARKETS UPDATE 2025
Slide 6: North America
North America SEKm Q1 2026 Q1 2025 Change Lower volumes and mix in a challenging market Net sales 8,701 11,454 -24.0% • Organic sales decline vs significant increase Q1 2025 Organic growth -11.6 % 12.2% -23.8pts Currency -12.5% 2.9% -15.4 pts • Volumes lower, reflecting weaker market conditions EBIT
Slide 7: Material decline in U.S. market demand
Material decline in U.S. market demand U.S. core appliances market - U.S. shipments, quarterly unit comparison y-o-y Most significant decline in a single quarter *Source: The AHAM Factory Shipment Report data shown in the graph and table above, Q1 2026 is a comparison of weeks between January 1, 202
Slide 8: Latin America
Latin America SEKm Q1 2026 Q1 2025 Change Organic sales growth driven by higher volumes Net sales 7,019 7,006 0.2 % • Positive organic sales growth, driven by higher volumes Organic growth 8.0 % 16.3% -8.4 pts Currency -7.8% -12.8% 5.0pts • Strong market position, with increased market shares in Bra
Slide 9: Cost reductions on track for FY 2026 outlook
Cost reductions on track for FY 2026 outlook Cost reduction1 2026 y-o-y, SEKbn 3.5-4.0bn SEK 3.5-4.0bn targeted cost reductions in 2026 — Acceleration of product cost reductions — Increased material sourcing from best-cost countries — Continue to accelerate benefits from global scale Major cost redu
Slide 10: Q1 2026 Therese Friberg, CFO
A) Electrolux Group QI] 2026 Therese Friberg, CFO
Slide 11: Q1 Sales and EBIT Bridge
Q1 Sales and EBIT Bridge SEKm Q1 2025 Volume/ Innovation/ Cost External Acquisition/ Q1 2026 price/mix marketing1 efficiency2 factors3 divestment Net Sales 32,576 -140 -2,893 29,543 Growth % -0.5% -8.8 % -9.3 % EBIT excl NRI4 452 -279 -21 683 -637 198 EBIT excl NRI % 1.4 % 0.7 % Accretion/ -0.9 pts
Slide 12: Operating Cash Flow
Operating Cash Flow SEKm Q1 2026 Q1 2025 EBIT -266 452 D/A and other non-cash items 1,880 1,390 Change in operating assets and liabilities -5,721 -4,336 Investments in intangible and tangible assets -474 -760 Changes in other investments 14 148 Cash flow after investments* -4,566 -3,107 *Before acqu
Slide 13: Solid liquidity and maturity profile
Solid liquidity and maturity profile • SEK 27.6bn in liquidity incl. RCF as per SEKbn Long-term borrowings, by maturity March 31, 2026 8 • No financial covenants in any loan 6 agreements 4 • S&P Global Ratings with BBB-, stable 2 outlook 0 • Aim to strengthen balance sheet and be 2026 2027 2028 2029
Slide 14: Market and Business outlook
Market and Business outlook AB ELECTROLUX – Q1 2026
Slide 15: Market outlook FY 2026 per region
Market outlook FY 2026 per region Europe Neutral North America Negative Brazil Positive Electrolux estimates for industry shipments of core appliances, units year-over-year Note: Market outlook assumes no significant additional impact from the global geopolitical situation. Presented April 24, 2026.
Slide 16: Electrolux business outlook 2026
Electrolux business outlook 2026 Business Outlook1 y-o-y FY 2026 Comments Positive, driven by Focus growth in selected product categories, including lifetime value Volume/price/mix2 growth in focus creation, and consequently a positive mix contribution categories Investments in consumer experience N
Slide 17: Q1 - Solid performance in two out of three regions
Q1 - Solid performance in two out of three regions • Solid performance in regions EMEA APAC and Latin America • Notable decline in North America • The Group maintains a strong commitment to cost reductions, achieving SEK 0.7bn in Q1 • Strategic announcements: —Partnership with Midea in North America
Slide 18: Factors affecting forward-looking statements
Factors affecting forward-looking statements This presentation contains “forward-looking” statements that reflect the company’s current expectations. Although the company believes that the expectations reflected in such forward- looking statements are reasonable, no assurance can be given that such
Slide 19: Q&A
Q&A AB AB ELECTROLUX ELECTROLUX –CAPITAL Q1 2026MARKETS UPDATE 2025 19
Slide 20: Appendix
Appendix AB AB ELECTROLUX ELECTROLUX –CAPITAL Q1 2026MARKETS UPDATE 2025 20
Slide 21: Earnings contribution from price/mix
Earnings contribution from price/mix Business Area Q1, y-o-y Comments on Q1 y-o-y Europe, Middle East & Africa Increased promotions and negative price, partly offset by positive mix Negative and Asia-Pacific North America Negative Pricing is flat, with a negative mix effect Latin America Negative In
Slide 22: Electrolux Group
r{) Electrolux Group