Slide 1: Sdiptech Q1 2026
Sdiptech Q1 2026 28 April 2026
Slide 2: Sdiptech in brief - Core
SDIPTECH Q1 2026 | Sdiptech in An infrastructure technology group creating sustainable, efficient and safe societies brief - Core Supply Chain & Transportation Energy & Electrification 4,513m Net sales, SEK Water & Bioeconomy Safety & Security 964m Leading niche products and solutions for Adj. EBITA
Slide 3: Highlights from the first quarter
SDIPTECH Q1 2026 | Highlights from the first quarter • Momentum in strategic initiatives • Total 10 out of 11 divestments done, last divestment to be completed in Q2 Strategic • Improved capital structure – total redemption of Sdiptech's preference shares • Stable organic growth in the first quarter
Slide 4: Strategic update – key activities in Q1
SDIPTECH Q1 2026 | Strategic update – key activities in Q1 • Divestments: 9 companies completed in Q1 • All business units in core portfolio have clear actions to − Cash contribution of 258 MSEK improve ROCE long term − Capital loss of -84 MSEK affecting EBITA − Long term focus as a group (Capital g
Slide 5: Organic net sales growth of 7% in Q1, excluding currency headwinds
SDIPTECH Q1 2026 | Organic net sales growth of 7% in Q1, excluding currency headwinds Net sales MSEK - Core Geographical distribution of sales • Net sales increased by 1% yoy 9% 16% − Organic sales growth of 7% excl. Nordics 4 497 4 513 currency effects 16% UK Italy − Acquired growth of 1% 5% US − N
Slide 6: Organic Adjusted EBITA growth of 4%, excluding currency headwinds
SDIPTECH Q1 2026 | Organic Adjusted EBITA growth of 4%, excluding currency headwinds Adjusted EBITA - Core Adj. EBITA% per Business Area • Adj. EBITA decreased by -2% yoy − Organic growth +4% excl. SC&T • Adj. EBITA 17% - FLAT vs Q1 LY 968 964 currency • Margin affect by delayed investments − Acquir
Slide 7: Soft cash conversion and free cash flow in Q1 - Group
SDIPTECH Q1 2026 | Soft cash conversion and free cash flow in Q1 - Group 18,00 Free cash flow 16,00 • FCF/Share LTM Q1 2026: 15.58 (FCF)1 per share 14,00 SEK (vs 12.92), affected by and adjusted EPS 2 SEK/share 12,00 working capital build-up 10,00 8,00 • EPS improved, vs last year, but 6,00 decrease
Slide 8: Leverage ratio below target, despite redemption of preference shares
SDIPTECH Q1 2026 | Leverage ratio below target, despite redemption of preference shares - Leverage* ratio reduced, due to lower net debt Return on capital employed (target < 3.0) 8.257 8.186 7.940 7.414 4.0 83,0% 82,0% 78,0% 79,0% 3.31 3.39 3.20 3.5 5.996 2.84 2.81 60,9% 63,8% 62,2% 63,5% 3.0 2.47 2
Slide 9: Supply Chain & Transportation
SDIPTECH Q1 2026 | Supply Chain & Transportation -3% -6% 17% 55% Net sales Adj. EBITA Adj. EBITA margin ROCE* • In total a stable quarter with positive momentum Net sales Adj. EBITA and margin Net Sales MSEK previous year Net Sales MSEK Adj EBITA MSEK Previous year Adj EBITA MSEK Adj EBITA margin %
Slide 10: Acquisition of RSS – Unique rail maintenance products
SDIPTECH Q1 2026 | Acquisition of RSS – Unique rail maintenance products Rail Safety Systems • Based in the Netherlands and revenue 6.6 mEUR with good profitability • The company develops and supplies patented magnetic safety barrier systems • Its unique technology enhances rail maintenance producti
Slide 11: Energy & Electrification
SDIPTECH Q1 2026 | Energy & Electrification +14% +18% 29% 50% Net sales Adj. EBITA Adj. EBITA margin ROCE • Strong demand and development across all business units, we Net sales Adj. EBITA and margin prosper from strong competitive Net Sales MSEK previous year Net Sales MSEK Adj EBITA MSEK Previous
Slide 12: Water & Bioeconomy
SDIPTECH Q1 2026 | Water & Bioeconomy -7% -28% 21% 101% Net sales Adj. EBITA Adj. EBITA margin ROCE • Soft net sales development in the quarter Net sales Adj. EBITA and margin Net Sales MSEK previous year Net Sales MSEK Adj EBITA MSEK Previous year Adj EBITA MSEK Adj EBITA margin % • Negative effect
Slide 13: Safety & Security
SDIPTECH Q1 2026 | Safety & Security +9% +16% 34% 142% Net sales Adj. EBITA Adj. EBITA margin ROCE • Strong demand and development in all safety verticals: Net sales Adj. EBITA and margin Net Sales MSEK previous year Net Sales MSEK Adj EBITA MSEK Previous year Adj EBITA MSEK Adj EBITA margin % – Dat
Slide 14: On track to increase our M&A activity 2026
SDIPTECH Q1 2026 | On track to increase our M&A activity 2026 4 6 • Good pipeline with several 158 161 discussions ongoing • No closed acquisition in Q1 5 4 4 109 • Dutch rail safety company RSS closed in April 93 94 • Our current cash position is strong and we keep our discipline in 2 2 valuation 5
Slide 15: Summary and outlook
SDIPTECH Q1 2026 | Summary and outlook • Stable total development in Q1 although “work in progress” in a few business units • Strong development from E&E & S&S • Momentum in strategic initiatives, divestments almost completed • Continued positive outlook - good order book for the coming months • Ram