Coloplast A/S - Coloplast revises financial guidance for FY 2025/26 to reflect reduced growth outlook for Kerecis

About this update from Coloplast A/s Class B

Announcement no. 04/2026 Inside information Coloplast revises the financial guidance on organic growth and EBIT growth in constant currencies before special items for FY 2025/26, reflecting a slower market recovery in the skin substitutes outpatient setting and a resulting lower growth outlook for Kerecis. The Group organic growth is now expected to be 5-6%, from previously around 7%. The EBIT growth in constant currencies before special items is now expected to be around 5%, from previously around 7%. Return on invested capital after tax before special items is now expected around 15%. Key financial figures and developments in Q2 Key financial figures for H1 2025/26 FY 2025/26 guidance Impact4 long-term financial ambition towards 2030 maintained Coloplast maintains the long-term financial ambition announced in relation to the launch of Coloplast’s 5-year strategy, Impact4. From the base financial year of 2024/25, Coloplast aims to deliver the following long-term key financial ambitions: Recognition of Kerecis impairment loss As a result of the sales disruption from Medicare reimbursement change in the outpatient setting and the slower market recovery now anticipated, an impairment loss of DKK 3.0 billion has been recognised against the Kerecis goodwill. Following the impairment, the total carrying book value of Kerecis amounts to around DKK 6 billion, from around DKK 9 billion previously. The write down is presented as special items in the income statement, reflected in the income statement for Q2, and has no cash flow impact. As a result, special items for FY 2025/26 are now expected to be around DKK 3.1 billion. Extraordinary conference call tomorrow April 24, 2026 at 11h CEST In relation to the guidance revision, Coloplast will host an extraordinary conference call tomorrow April 24 at 11h CEST. To actively participate in the Q&A session, please sign up here to receive an email with dial-in details: Register here . Access the conference call webcast directly here: Coloplast – guidance revision conference call . Publication of H1 2025/26 Interim Report Coloplast will release its H1 2025/26 Interim Report on May 12, 2026 and will host a second, ordinary conference call on the same day at 11h CEST. For conference call dial-in details and webcast access, please refer to the Invitation to Coloplast conference call H1 2025/26 . 1. Before special items of DKK -25 million in Q2 2025/26, DKK -60 million in H1 2025/26, DKK -84 million in Q2 2024/25 and DKK -158 million in H1 2024/25. 2. Last year adjusted for the impact from the Kerecis IP transfer. 3. In the Q1 2025/26 earnings release, Kerecis FY 2025/26 organic growth and EBIT margin assumptions were downwards adjusted; organic growth from around 25% to around 10%, and EBIT margin before PPA amortisation from around 20% to around double-digit. Contacts: Address Coloplast A/S Holtedam 1 DK-3050 Humlebaek Denmark Company reg. (CVR) no. 69749917 Website www.coloplast.com This announcement is available in a Danish and an English-language version. In the event of discrepancies, the English version shall prevail. Attachment

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