Interim report
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Interim Report Q3 2026 JANUARY–SEPTEMBER 2026
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Interim Report January–September 2026 Fifth consecutive quarter of comparable net sales growth - comparable EBIT and free cash flow also improved July–September 2026 in brief • Comparable net sales1 increased by 3.0% to EUR 268.7 million (Q3 2025: 261.0). Reported net sales increased by 3.6%. • Comparable EBIT2 increased to EUR 20.2 million (13.9), or 7.5% (5.3%) of net sales. • EBIT increased to EUR 16.5 million (12.0). • Cash flow from operating activities before financial items and taxes increased to EUR 36.7 million (1.7). • Free cash flow3 increased to EUR 14.4 million (-20.3). • Comparable earnings per share were EUR 0.14 (0.08). Earnings per share were EUR 0.10 (0.07). Cash earnings per share were EUR 0.44 (0.00). January–September 2026 in brief • Comparable net sales increased1 by 2.6% to EUR 812.5 million (Q1–Q3 2025: 791.7). Reported net sales remained stable, increasing by 0.4%. • Comparable EBIT2 increased to EUR 52.9 million (43.6), or 6.5% (5.4%) of net sales. • EBIT increased to EUR 37.3 million (12.6). • Cash flow from operating activities before financial items and taxes increased to EUR 95.0 million (29.7). • Free cash flow3 increased to EUR 33.7 million (-45.8). Cash conversion4 was 141.3% (16.5%). • Comparable earnings per share were EUR 0.26 (0.17). Earnings per share were EUR 0.11 (-0.13). Cash earnings per share were EUR 0.99 (0.17). October 22, 2026 Fiskars Group's Interim Report Q3 2026 2 1 Comparable net sales exclude the impact of exchange rates, acquisitions and divestments. 2 Items affecting comparability in EBIT include items such as restructuring costs, impairment or provisions charges and releases, acquisition-related costs, and gains and losses from the sale of businesses. Comparable EBIT is not adjusted to exclude the EBIT contribution of acquisitions/divestments/disposals. 3 Calculation of free cash flow has been changed to include lease payments. Comparative periods have been restated accordingly. 4 Free cash flow / EBIT excl. IAC (LTM), based on unlevered FCF, LTM EBIT IFRS 16 adjusted. Guidance for 2026 (unchanged) Fiskars Corporation expects comparable EBIT to improve from the 2025 level (2025: EUR 76.4 million). Assumptions behind the guidance Uncertainties in the global economy and geopolitical environment are expected to continue and affect demand for Fiskars Group’s products in 2026. Visibility in the market is limited. The fourth quarter is typically an important quarter for the Group’s comparable EBIT generation, particularly for Business Area Vita. The improvement in the Group’s full-year comparable EBIT is expected to be primarily driven by Business Area Vita. Savings from Vita’s previously announced turnaround measures are expected to continue to support its financial performance and the Group’s comparable EBIT during the remainder of the year. At the same time, Business Area Vita is continuing its actions to reduce elevated inventory levels. While these actions are expected to strengthen the company's position in the long term, they carry some negative impact on comparable EBIT through supply chain variance. Some U.S. tariff refunds were received during the third quarter, and some further refunds will also fall into the fourth quarter, impacting primarily Business Area Fiskars. The fourth quarter is seasonally less substantial for Business Area Fiskars.
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CEO’s review Jyri Luomakoski President and CEO “In the third quarter, our comparable net sales increased by 3.0%, marking the fifth consecutive growth quarter for the Group. Notably, both Business Area Vita and Fiskars delivered sales growth during the quarter.” In the third quarter, our comparable net sales increased by 3.0%, marking the fifth consecutive growth quarter for the Group. Notably, both Business Area Vita and Fiskars delivered sales growth during the quarter. Supported by volume growth, the Group’s comparable EBIT increased to EUR 20.2 million. Furthermore, free cash flow turned positive and amounted to EUR 14.4 million, driven by a more favorable development in trade working capital compared with the previous year. Business Area Vita’s comparable net sales increased by 4.5% in the third quarter, with growth driven by multiple brands. Georg Jensen and several regional brands, in particular, continued to show strong momentum. Vita’s comparable EBIT more than doubled to EUR 11.0 million, driven by sales volumes and an improved gross margin, and supported by savings from its turnaround actions announced earlier this year. At the same time, reducing the Business Area’s elevated inventory levels remains a priority, although meaningful progress requires time. In Business Area Fiskars, comparable net sales increased by 1.2%. The Fiskars brand continued to grow in the U.S., driven by distribution gains and strong sell-out. In Europe, sales development stabilized after the more challenging second quarter, supported by the Business Area’s new product categories, Power Tools and Pet Care. Comparable EBIT increased by EUR 1.2 million to EUR 13.8 million. Volume growth and some U.S. tariff refunds received during the quarter contributed positively to the comparable EBIT development. At the same time, the Business Area continued to invest in R&D to support new product development. Both Business Areas continued to build on the strength of their brands with notable product launches during the quarter. For example, in Business Area Vita, Georg Jensen introduced Fold, a new home decor collection intended to evolve into a broader platform over time. In Business Area Fiskars, the Fiskars brand continued to expand its Power Tools offering, with the launch of the eSnow Shovel and a range of Power Hedge Trimmers, both compatible with standard global charging using USB-C. During the quarter, we introduced new values for Fiskars Group: Passion for Design & Innovation, Ownership & Courage, Consumer & Customer, and Winning Together. While our two Business Areas operate independently with their own strategies and clear accountability, our shared values provide us a common foundation. They guide how we work, make decisions and interact with our colleagues, customers and other stakeholders. The operating environment remains uncertain as we enter the important year-end season. We reiterate our guidance and expect the Group’s comparable EBIT to improve from the 2025 level. The improvement is expected to be driven by savings from Business Area Vita’s turnaround measures and our continued focus on brand desirability. Some U.S. tariff refunds were received during the third October 22, 2026 Fiskars Group's Interim Report Q3 2026 3
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quarter, and some further refunds will also fall into the fourth quarter, impacting primarily Business Area Fiskars. We still have work ahead of us, but thanks to our teams’ dedicated work, I can clearly see the progress we are making, confirming that we are moving in the right direction. October 22, 2026 Fiskars Group's Interim Report Q3 2026 4
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Group key figures EUR million (unless otherwise noted) Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 Net sales 268.7 259.3 3.6 % 812.5 809.5 0.4 % 1,140.2 Comparable net sales1 268.7 261.0 3.0 % 812.5 791.7 2.6 % 1,128.0 Comparable gross profit 131.3 121.1 8.4 % 385.1 380.6 1.2 % 537.4 EBIT 16.5 12.0 37.6 % 37.3 12.6 38.1 Items affecting comparability in EBIT2 3.7 1.9 95.2 % 15.6 31.0 -49.6 % 38.4 Comparable EBIT3 20.2 13.9 45.5 % 52.9 43.6 21.3 % 76.4 Comparable EBIT margin, % 7.5 % 5.3 % 6.5 % 5.4 % 6.7 % EBITDA 35.5 30.6 15.8 % 96.1 69.4 38.5 % 122.2 Comparable EBITDA4 38.6 32.5 18.5 % 109.2 100.4 8.8 % 155.3 Profit before taxes 10.9 8.2 33.4 % 12.3 -11.0 12.5 Profit for the period 8.5 5.3 59.4 % 9.2 -9.9 9.6 Earnings per share, EUR 0.10 0.07 59.5 % 0.11 -0.13 0.12 Comparable earnings per share, EUR 0.14 0.08 66.1 % 0.26 0.17 51.1 % 0.48 Cash earnings per share (CEPS), EUR 0.44 0.00 0.99 0.17 1.25 Equity per share, EUR 8.13 8.55 -4.9 % 8.81 Cash flow from operating activities before financial items and taxes 36.7 1.7 95.0 29.7 128.2 Free cash flow5 14.4 -20.3 33.7 -45.8 35.5 Cash conversion, %6 141.3 % 16.5 % 49.8 % Net debt 551.8 605.6 -8.9 % 513.4 Net debt/comparable EBITDA (LTM), ratio 3.36 3.70 -9.2 % 3.31 Equity ratio, % 41 % 42 % 44 % Net gearing, % 84 % 87 % 72 % Capital expenditure 10.1 10.2 -0.6 % 22.3 34.2 -34.9 % 43.5 Personnel (FTE), average 5,953 6,150 -3.2 % 5,981 6,161 -2.9 % 6,145 1 Comparable net sales exclude the impact of exchange rates, acquisitions and divestments. 2 In Q3 2026, items affecting comparability were mainly related to BA Vita’s turnaround actions. 3 EBIT excluding items affecting comparability. Comparable EBIT is not adjusted to exclude the EBIT contribution of acquisitions/divestments/disposals. 4 EBITDA excluding items affecting comparability. Comparable EBITDA is not adjusted to exclude the EBIT contribution of acquisitions/divestments/disposals. 5 Calculation of free cash flow has been changed to include lease payments. Comparative periods have been restated accordingly. 6 Free cash flow / EBIT excl. IAC (LTM), based on unlevered FCF, LTM EBIT IFRS 16 adjusted. In addition to the financial performance indicators defined by IFRS, Fiskars Group publishes certain Alternative Performance Measures to better reflect the operational business performance and to facilitate comparisons between financial periods. A calculation of these can be found on Fiskars Group’s website in the Investors section (Investors-> Financials-> Calculation of financial indicators). October 22, 2026 Fiskars Group's Interim Report Q3 2026 5
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Performance by reporting segments Net sales EUR Million Q3 2026 Q3 2025 Change Comparable change1 Q1–Q3 2026 Q1–Q3 2025 Change Comparable change1 2025 Group 268.7 259.3 3.6 % 3.0 % 812.5 809.5 0.4 % 2.6 % 1,140.2 Vita 154.6 147.4 4.9 % 4.5 % 412.7 399.8 3.2 % 5.0 % 612.6 Fiskars 112.8 110.4 2.2 % 1.2 % 395.5 405.1 -2.4 % 0.4 % 522.0 Other 1.3 1.5 4.3 4.6 5.6 1 Comparable net sales exclude the impact of exchange rates, acquisitions and divestments. Comparable EBIT1 EUR Million Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 Group 20.2 13.9 45.5 % 52.9 43.6 21.3 % 76.4 Vita 11.0 5.2 7.5 -1.2 27.7 Fiskars 13.8 12.6 9.4 % 58.9 57.2 3.0 % 66.6 Other -4.7 -4.0 -13.4 -12.3 -17.9 1 EBIT excluding items affecting comparability. Comparable EBIT is not adjusted to exclude the EBIT contribution of acquisitions/divestments/disposals. In Q3 2026, items affecting comparability were mainly related to BA Vita’s turnaround actions. October 22, 2026 Fiskars Group's Interim Report Q3 2026 6
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Group performance Fiskars Group net sales in July–September 2026 Fiskars Group’s comparable net sales increased by 3.0% to EUR 268.7 million (Q3 2025: 261.0). Reported net sales increased by 3.6%. Comparable net sales increased in both Business Areas. Comparable net sales increased in Europe and Asia-Pacific, and decreased in the Americas. Fiskars Group’s comparable Direct-to-Consumer sales increased by 4%, with sales in the Group’s own e- commerce increasing by 2%, and retail network by 4%. Fiskars Group’s comparable wholesale sales increased by 3%. Fiskars Group net sales in January–September 2026 Fiskars Group’s comparable net sales increased by 2.6% to EUR 812.5 million (Q1–Q3 2025: 791.7). Reported net sales remained stable, increasing by 0.4%. Comparable net sales increased in Business Area Vita and remained stable in Business Area Fiskars. Comparable net sales increased in Europe and Asia-Pacific, and remained relatively stable in the Americas. Fiskars Group’s comparable Direct-to-Consumer sales increased by 3%, with sales in the Group’s own e- commerce increasing by 5%, and retail network by 2%. Fiskars Group’s comparable wholesale sales increased by 2%. Fiskars Group reported net sales, EUR million 259.3 330.7 282.9 260.9 268.7 Vita Fiskars Other Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 0 100 200 300 400 Fiskars Group reported net sales last 12 months, EUR million 1,146.7 1,140.2 1,131.2 1,133.8 1,143.2 Vita Fiskars Other Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 0 200 400 600 800 1,000 1,200 1,400 October 22, 2026 Fiskars Group's Interim Report Q3 2026 7
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Fiskars Group comparable EBIT in July–September 2026 Fiskars Group’s comparable EBIT increased to EUR 20.2 million (Q3 2025: 13.9) and was 7.5% (5.3%) of net sales. Comparable EBIT increased in Business Area Vita and increased in Business Area Fiskars. The increase was primarily driven by higher volumes and gross margin expansion. In Business Area Vita, the gross margin improvement was mix-driven, while Business Area Fiskars benefited from some U.S. tariff refunds received during the quarter. Savings from Business Area Vita’s turnaround actions, announced in February 2026, also supported comparable EBIT. Comparable EBIT excludes items affecting comparability.1 Fiskars Group comparable EBIT in January–September 2026 Fiskars Group’s comparable EBIT increased to EUR 52.9 million (Q1–Q3 2025: 43.6) and was 6.5% (5.4%) of net sales. Comparable EBIT increased in Business Area Vita and increased in Business Area Fiskars. The increase was primarily driven by higher volumes and supported by savings from Business Area Vita’s turnaround actions as well as some U.S. tariff refunds received during the third quarter, which benefited Business Area Fiskars in particular. Comparable EBIT excludes items affecting comparability. 1 Fiskars Group comparable EBIT, EUR million 13.9 32.8 25.0 7.7 20.2 Q3 2025Q4 2025Q1 2026 Q2 2026Q3 2026 0 10 20 30 40 Fiskars Group comparable EBIT margin, % 5.3% 9.9% 8.8% 3.0% 7.5% 7.5% 6.7% 6.6% 7.0% 7.5% Comparable EBIT margin Comparable EBIT margin - rolling 12 months Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026 0% 2% 4% 6% 8% 10% 12% Fiskars Group comparable EBIT last 12 months, EUR million 86.5 76.4 74.7 79.4 85.7 Q3 2025Q4 2025Q1 2026 Q2 2026Q3 2026 0 20 40 60 80 100 120 October 22, 2026 Fiskars Group's Interim Report Q3 2026 8 1 More information regarding items affecting comparability is available on pages 34-36 of this Interim report.
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Financial items, cash flow and financial position Financial items EUR Million Q3 2026 Q3 2025 Q1–Q3 2026 Q1–Q3 2025 2025 Net interest expenses from funding and currency hedging -5.4 -5.3 -16.7 -16.1 -22.0 Interest expenses from lease liabilities -1.0 -1.3 -3.1 -3.8 -5.0 Foreign exchange differences -1.7 0.6 -2.0 -6.7 -5.9 Other financial income and expenses 2.1 1.0 -2.9 0.2 3.0 Financial income and expenses, total -6.0 -5.0 -24.7 -26.4 -30.0 During the third quarter and January–September 2026, net interest expenses from funding and currency hedging remained relatively stable, whereas interest expenses from leasing liabilities decreased slightly due to discontinued leasing arrangements. Foreign exchange differences mainly consist of losses related to the hedging of commercial flows and funding transactions. Other financial income and expense is impacted by the valuation of the outstanding commodity derivatives, as some commodity prices have declined since the start of the year. Most of the foreign exchange transaction risks related to the commercial cash flows are hedged for the next 12 months primarily using currency forwards and swaps. The majority of the expected consumption of main commodities (gold, silver and aluminum) is also hedged against price risk for the next 12 months. The volatility of other key input costs is typically managed through long-term supplier contracts. Cash flow and financial position EUR million (unless otherwise noted) Q3 2026 Q3 2025 Q1–Q3 2026 Q1–Q3 2025 2025 Free cash flow 14.4 -20.3 33.7 -45.8 35.5 Cash flow from operating activities before financial items and taxes 36.7 1.7 95.0 29.7 128.2 Cash flow from investing activities -9.6 -9.6 -18.4 -32.6 -41.8 Cash flow from financing activities -39.4 -21.6 -80.1 -0.4 -37.1 Change in cash and cash equivalents -13.3 -31.3 -18.6 -19.3 21.9 Trade working capital 428.3 456.9 417.1 Trade working capital to net sales (LTM), % 38.1 % 38.1 % 38.1 % Net working capital 248.9 340.6 286.2 Net working capital to net sales (LTM), % 24.2 % 26.2 % 26.1 % Capital expenditure 10.1 10.2 22.3 34.2 43.5 Net debt 551.8 605.6 513.4 Net debt/comparable EBITDA (LTM), ratio 3.36 3.70 3.31 Net gearing, % 84 % 87 % 72 % Equity ratio, % 41 % 42 % 44 % Cash flow from operating activities before financial items and taxes increased to EUR 36.7 million in the third quarter of 2026 (Q3 2025: 1.7). In January–September, cash flow from operating activities before financial items and taxes increased to EUR 95.0 million (29.7). Capital expenditure amounted to EUR 10.1 million (10.2) in the third quarter of 2026 and EUR 22.3 million (34.2) in January–September. Investments were mainly related to supply chain and IT projects in January– September. October 22, 2026 Fiskars Group's Interim Report Q3 2026 9
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Fiskars Group net working capital and free cash flow, EUR million 340.6 286.2 264.0 241.2 248.9 -20.3 81.3 -11.4 30.7 14.4 Net working capital, YTD Free cash flow, QTD Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 -100 0 100 200 300 400 Excluding lease liabilities, short-term borrowing totaled EUR 101.6 million (171.2), and long-term borrowing EUR 381.4 million (332.5). Short-term borrowing consisted of commercial paper maturing in 2026 and 2027. Long-term borrowing included bilateral loans from financial institutions and an unsecured sustainability- linked bond issued in November 2023 to finance the acquisition of Georg Jensen. Fiskars Group increased the bond by EUR 50 million by way of a tap issue in June 2026 to balance the debt portfolio and for general corporate purposes. Lease liabilities were EUR 120.0 million (142.8), of which long-term lease liabilities were EUR 88.8 million (109.6), and short-term lease liabilities EUR 31.2 million (33.1). Fiskars Group had EUR 300.0 million (250.0) of long-term committed credit facilities and uncommitted overdraft facilities of EUR 39.6 million (46.1). Long-term committed credit facilities were not in use (0.0). Uncommitted overdraft facilities were not in use (0.0). A commercial paper program of EUR 400.0 million was available with Nordic banks. Of the commercial paper program, EUR 101.6 million (171.2) was in use. Fiskars Group has a supplier financing arrangement in place with a partner bank. Under the agreed arrangement of EUR 18.3 million (17.0), EUR 8.0 million was in use (8.1). During the third quarter of 2026, Fiskars Group’s net debt/comparable EBITDA (LTM) improved to 3.36, but remained above the Group’s targeted level (≤ 2.5). Fiskars Group net debt and net debt/comparable EBITDA (LTM) 605.6 513.4 545.8 541.0 551.8 3.70 3.31 3.55 3.42 3.36 Net debt, YTD Net debt/Comparable EBITDA (LTM), YTD Target max, Net debt/EBITDA (LTM) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 0 100 200 300 400 500 600 700 0.00 1.00 2.00 3.00 4.00 5.00 6.00 Operating environment in January–September 2026 In January–September 2026, the operating environment remained uncertain across geographies. Consumer confidence remained subdued in most of the company’s key markets. Geopolitical tensions continued to contribute to macroeconomic volatility. The situation in the Middle East has impacted logistics through longer transit routes and increased costs. The U.S. tariff landscape continues to be dynamic. October 22, 2026 Fiskars Group's Interim Report Q3 2026 10
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Reporting segments This Interim Report reflects Fiskars Group’s organizational structure, which features two Business Areas (BA): Vita and Fiskars. Fiskars Group’s three reporting segments are Vita, Fiskars and Other. In addition, Fiskars Group reports net sales for three geographical areas: Europe, Americas and Asia-Pacific. BA Vita offers products in the high-end homeware segment as well as fine branded jewelry. Its desirable brands include Georg Jensen, Royal Copenhagen, Wedgwood, Moomin Arabia, Iittala and Waterford. BA Fiskars offers functional innovations in the gardening and outdoor categories, in addition to the scissors and creating, as well as cooking categories. The brands include Fiskars and Gerber. The Other segment contains the Group’s investment portfolio, the real estate unit, corporate headquarters and shared services. October 22, 2026 Fiskars Group's Interim Report Q3 2026 11
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Vita segment Vita segment in July–September 2026 Comparable net sales in the Vita segment increased by 4.5%. Reported net sales increased by 4.9% to EUR 154.6 million (Q3 2025: 147.4). Comparable net sales increased for the fifth consecutive quarter, driven by the continued strong performance of Georg Jensen and regional brands such as Moomin Arabia and Rörstrand. Direct-to-Consumer channels accounted for 51%, and wholesale for 49% of total Vita net sales, with net sales increasing in both. Comparable EBIT in the Vita segment increased to EUR 11.0 million (5.2), or 7.1% of net sales (3.5%). Comparable EBIT more than doubled from the previous year driven by higher volumes, an improved gross margin and savings from the turnaround actions announced in February 2026. Vita’s comparable gross margin increased by 190 bps to 53.9%. Business Area Vita continued its efforts to reduce elevated inventory levels and rationalize production. While overall production remained curtailed, production was increased for some key SKUs during the quarter to ensure availability during the upcoming holiday season. Vita segment in January–September 2026 Comparable net sales in the Vita segment increased by 5.0%. Reported net sales increased by 3.2% to EUR 412.7 million (Q1–Q3 2025: 399.8). Growth was driven by the continued strong performance of Georg Jensen, as well as several regional brands. Direct-to-Consumer channels accounted for 53% and wholesale for 47% of total Vita net sales, with net sales increasing in both. Comparable EBIT in the Vita segment increased to EUR 7.5 million (-1.2), or 1.8% of net sales (-0.3%), supported by higher volumes and savings from the turnaround actions announced in February 2026. Business Area Vita continued to rationalize production to reduce elevated inventories. This weighed on comparable gross margin and comparable EBIT through negative supply chain variance. Vita’s comparable gross margin decreased by 170 bps to 52.5%. Vita segment’s key figures EUR Million Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 Net sales1 154.6 147.4 4.9 % 412.7 399.8 3.2 % 612.6 Comparable gross profit 83.4 76.8 8.7 % 216.7 216.8 -0.1 % 331.6 Comparable gross profit margin, % 53.9 % 52.1 % 52.5 % 54.2 % 54.1 % Comparable EBIT 11.0 5.2 7.5 -1.2 27.7 Comparable EBIT margin, % 7.1 % 3.5 % 1.8 % -0.3 % 4.5 % Comparable EBITDA 22.8 17.1 32.8 % 43.6 35.1 24.1 % 79.2 Capital expenditure 4.0 6.0 -32.7 % 8.9 22.0 -59.4 % 27.2 Net working capital2 178.7 178.3 0.2 % 132.9 Capital employed2,3 864.1 882.3 -2.1 % 828.0 1 Using comparable exchange rates excl. acquisitions and divestments, net sales increased by 4.5% in Q3 2026 and increased by 5.0% in Q1-Q3 2026. 2 Comparison periods have been restated as a result of the Business Areas' separation into individual legal entities. 3 The Q2 2026 Capital employed comparative figures have been adjusted to correct the allocation of certain asset items between segments. The adjustment had no impact on the Group's reported balance sheet, income statement or cash flow. The adjusted Q2 2026 Capital employed figures are EUR 855.5 million for BA Vita, EUR 203.8 million for BA Fiskars and EUR 86.9 million for Other. Vita segment’s reported net sales, EUR million 147.4 212.8 127.7 130.4 154.6 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 0 50 100 150 200 250 October 22, 2026 Fiskars Group's Interim Report Q3 2026 12 Vita segment’s comparable EBIT (EUR million) and comparable EBIT margin (%) 5.2 29.0 -0.7 -2.8 11.0 3.5% 13.6% -0.6% -2.1% 7.1% Comparable EBIT Comparable EBIT margin Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 -10 0 10 20 30 -5% 0% 5% 10% 15% 20%
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Fiskars segment Fiskars segment in July–September 2026 Comparable net sales in the Fiskars segment increased by 1.2%, supported by the growth of the Fiskars brand in the U.S., which was driven by distribution gains and strong sell-out. In Europe, sales development stabilized, with new product categories supporting performance. Reported net sales increased by 2.2% to EUR 112.8 million (Q3 2025: 110.4). Comparable EBIT in the Fiskars segment increased to EUR 13.8 million (12.6), or 12.3% of net sales (11.5%). Comparable EBIT increased driven by higher volumes and improved gross margin, which benefited from some U.S. tariff refunds received during the quarter. At the same time, the Business Area continued to invest in R&D to support new product development. Fiskars segment’s comparable gross margin increased by 270 bps to 42.0%. Fiskars segment in January–September 2026 Comparable net sales in the Fiskars segment remained stable, increasing by 0.4%, as growth in the U.S. was offset by mixed performance in other geographies. Reported net sales decreased by 2.4% to EUR 395.5 million (Q1–Q3 2025: 405.1). Comparable EBIT in the Fiskars segment increased to EUR 58.9 million (57.2) or 14.9% of net sales (14.1%). Comparable EBIT increased supported by gross margin expansion, which benefited from some U.S. tariff refunds received during the third quarter. At the same time, the Business Area continued to invest in R&D to support new product development. Fiskars segment’s comparable gross margin increased by 230 bps to 42.1%. Fiskars segment’s key figures EUR Million Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 Net sales1 112.8 110.4 2.2 % 395.5 405.1 -2.4 % 522.0 Comparable gross profit 47.4 43.5 9.0 % 166.6 161.2 3.3 % 203.5 Comparable gross profit margin, % 42.0 % 39.4 % 42.1 % 39.8 % 39.0 % Comparable EBIT 13.8 12.6 9.4 % 58.9 57.2 3.0 % 66.6 Comparable EBIT margin, % 12.3 % 11.5 % 14.9 % 14.1 % 12.8 % Comparable EBITDA 19.2 17.6 8.9 % 74.8 73.2 2.2 % 88.5 Capital expenditure 5.0 2.5 99.6 % 8.0 9.7 -18.2 % 13.4 Net working capital2 82.6 81.4 1.4 % 83.6 Capital employed2,3 188.3 188.7 -0.2 % 189.6 1 Using comparable exchange rates excl. acquisitions and divestments, net sales increased by 1.2% in Q3 2026 and remained stable (increased by 0.4%) in Q1-Q3 2026. 2 Comparison periods have been restated as a result of the Business Areas' separation into individual legal entities. 3 The Q2 2026 Capital employed comparative figures have been adjusted to correct the allocation of certain asset items between segments. The adjustment had no impact on the Group's reported balance sheet, income statement or cash flow. The adjusted Q2 2026 Capital employed figures are EUR 855.5 million for BA Vita, EUR 203.8 million for BA Fiskars and EUR 86.9 million for Other. Fiskars segment’s reported net sales, EUR million 110.4 117.0 154.0 128.7 112.8 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 0 50 100 150 200 October 22, 2026 Fiskars Group's Interim Report Q3 2026 13 12.6 9.4 30.9 14.1 13.8 11.5% 8.0% 20.1% 11.0% 12.3% Comparable EBIT Comparable EBIT margin Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 0 10 20 30 40 50 0% 5% 10% 15% 20% 25% Fiskars segment’s comparable EBIT (EUR million) and comparable EBIT margin (%)
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Other segment Other segment in July–September 2026 Reported net sales in the Other segment amounted to EUR 1.3 million (Q3 2025: 1.5), consisting of timber sales and rental income. The comparable EBIT for the Other segment was EUR -4.7 million (-4.0). Other segment in January–September 2026 Reported net sales in the Other segment amounted to EUR 4.3 million (Q1–Q3 2025: 4.6), consisting of timber sales and rental income. The comparable EBIT for the Other segment was EUR -13.4 million (-12.3). Other segment’s key figures EUR Million Q3 2026 Q3 2025 Q1–Q3 2026 Q1–Q3 2025 2025 Net sales 1.3 1.5 4.3 4.6 5.6 Comparable gross profit 0.5 0.8 1.8 2.5 2.3 Comparable EBIT -4.7 -4.0 -13.4 -12.3 -17.9 Capital expenditure 1.1 1.7 5.4 2.5 2.9 Other segment’s reported net sales, EUR million 1.5 1.0 1.1 1.8 1.3 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 0.0 0.5 1.0 1.5 2.0 2.5 October 22, 2026 Fiskars Group's Interim Report Q3 2026 14 Other segment’s comparable EBIT, EUR million -4.0 -5.6 -5.2 -3.6 -4.7 Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026 -7 -6 -5 -4 -3 -2 -1 0
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Net sales by geography Net sales by geography in July–September 2026 Comparable net sales in Europe increased by 6.5%, driven by growth in the Group’s largest European markets. Reported net sales increased by 7.0% to EUR 149.1 million (Q3 2025: 139.4). Comparable net sales in the Americas decreased by 4.4%. Reported net sales decreased by 3.7% to EUR 66.8 million (69.3). Comparable net sales in the Asia-Pacific increased by 1.5%, with solid performance across East-Asia. Reported net sales increased by 2.4% to EUR 52.1 million (50.9). Net sales by geography in January–September 2026 Comparable net sales in Europe increased by 2.7%, supported by growth in the Group’s largest European markets. Reported net sales increased by 3.0% to EUR 422.3 million (Q1–Q3 2025: 410.1). Comparable net sales in the Americas remained relatively stable, increasing by 0.7%. Reported net sales decreased by 5.0% to EUR 235.5 million (248.0). Comparable net sales in Asia-Pacific increased by 1.1%, driven by growth in Japan and China. Reported net sales decreased by 2.2% to EUR 152.8 million (156.2). Net sales by geography EUR Million Q3 2026 Q3 2025 Change Comp. change1 Q1–Q3 2026 Q1–Q3 2025 Change Comp. change1 2025 Europe 149.1 139.4 7.0 % 6.5 % 422.3 410.1 3.0 % 2.7 % 585.6 Americas 66.8 69.3 -3.7 % -4.4 % 235.5 248.0 -5.0 % 0.7 % 328.5 Asia-Pacific 52.1 50.9 2.4 % 1.5 % 152.8 156.2 -2.2 % 1.1 % 229.9 Unallocated2 0.7 -0.2 1.9 -4.8 -3.8 Group total 268.7 259.3 3.6 % 3.0 % 812.5 809.5 0.4 % 2.6 % 1,140.2 1 Comparable net sales exclude the impact of exchange rates, acquisitions and divestments. 2 Geographically unallocated exchange rate differences. Fiskars Group’s reported net sales split by geography, January–September 2026 52% 29% 19% Europe Americas Asia-Pacific October 22, 2026 Fiskars Group's Interim Report Q3 2026 15
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Brand & commercial highlights in Q3 Business Area Fiskars During the quarter, the Fiskars brand continued to expand its Power Tools offering with the launch of the eSnow Shovel and a range of Power Hedge Trimmers. The battery-powered eSnow Shovel is designed to make snow clearing easy and less physically demanding. The Power Hedge Trimmers are designed for hedge and shrub maintenance, featuring lightweight construction, ergonomic design and extended reach. Both product ranges are compatible with standard global charging using USB-C. Fiskars scissors have been part of The Museum of Modern Art's (MoMA) collection since 1976, when they were recognized as an example of functional design. Building on this long-standing connection, the brand introduced a scissors collection in collaboration with MoMA, featuring designs inspired by selected artworks from the museum's collection. Business Area Vita During the quarter, Georg Jensen introduced Fold, a new home décor collection crafted in mirror-polished stainless steel. Inspired by the natural folds of paper, the collection combines sculptural design with functionality through a range of vases and candle holders. Fold is intended to evolve into a broader design platform, with extensions planned over the coming seasons. Iittala launched Unda, a collection created in collaboration with designer Sabine Marcelis. Developed together with Iittala's glassblowers in Finland, the collection evokes the movement of light on water and features a glassmaking technique that creates shifting reflections. The collection is available in three colorways inspired by Finnish light: Shadow, Dawn and Dusk. Moomin Arabia introduced Rebel Club, a new collection referencing Tove Jansson's early Moomin comics. The collection features bold colors, expressive comic-style illustrations and selected quotations from the original comic strips, offering a fresh interpretation of familiar Moomin characters. The launch includes mugs as well as a selection of accessories. Moomin Arabia also celebrated Moomin’s Day with the launch of its annual limited-edition mug. Designed by Tove Slotte, this year’s autumn-themed mug completes a series depicting the seasons in Moominvalley. Before retiring in 2022, Slotte created a total of 113 Moomin mug designs. Waterford marked the 250th anniversary of the United States with nine exclusive Waterford designs. The collection includes limited-edition mastercraft collectibles as well as commemorative drinkware in the colors of the U.S. flag. October 22, 2026 Fiskars Group's Interim Report Q3 2026 16
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Strategy and Financial Targets Fiskars Group presented its updated strategic priorities and new financial targets for 2026–2030 at its Capital Markets Day in May 2026. The priorities reflect changes in the company’s structure and are designed to support sustainable profitable growth. The company is organized in two operationally independent and accountable Business Areas, while the Group acts as a portfolio and capital steward. This structure enables a clearer focus, faster decision-making and improved transparency at the Business Area level. The two Business Areas drive their own strategies with clear focus areas: • Business Area Fiskars focuses on rebuilding sales momentum on its profitable foundation, by leveraging innovation, distribution and media. • Business Area Vita aims to drive profitable growth through focused collection, market and channel choices, while also executing targeted actions to turn around its financial performance. The combination of the Group’s central oversight and empowered Business Areas aims to support profitable growth, robust cash generation and long-term shareholder value. Fiskars Group’s financial targets, set for 2026-2030, cover four key areas: growth, profitability, cash conversion and leverage. Reflecting the increased accountability of the Business Areas, growth and profitability targets are set separately for Business Area Vita and Business Area Fiskars. Financial targets for 2026-2030: KPI TARGET GROWTH Annual comparable net sales growth 2026-2030 BA Vita 4-6% BA Fiskars 3-5% PROFITABILITY Comparable EBIT margin by 2030 BA Vita ≥12% BA Fiskars ≥14% Fiskars Group ≥12% CASH CONVERSION Free cash flow / EBIT excl. IAC (LTM)* 2026-2030 Fiskars Group ≥75% LEVERAGE Net debt/comparable EBITDA (LTM) 2026-2030 Fiskars Group ≤2.5 at year-end *Cash conversion based on unlevered FCF, LTM EBIT IFRS 16 adjusted Sustainability Fiskars Group's sustainability strategy is guided by two commitments: Pioneering design against a throwaway culture; and Making the everyday extraordinary. Together with six key sustainability targets outlined below, these commitments shape the company's path toward sustainable growth. During the first quarter of 2026, Fiskars Group's updated science- based targets received approval from the Science Based Targets initiative (SBTi), reinforcing its climate ambitions. The SBTi also officially validated the Group's commitment to achieve net-zero greenhouse gas emissions across its entire value chain by 2049. Sustainability target: The majority of Fiskars Group’s net sales comes from circular products and services by 2030 Circularity is embedded in Fiskars Group's innovation processes, new business development and material choices. The Group continues to explore opportunities to keep products and materials in use rather than allowing them to go to waste. In product design, the focus is on increasing the share of recycled, renewable and recirculated materials while prioritizing durability, repairability and recyclability. The Group continued to expand circular alternatives across its product portfolio during the third quarter. For example, the Fiskars brand launched a new scissors collaboration with The Museum of Modern Art (MoMA) in New York, incorporating recycled materials. The scissors’ blades are made from 92% recycled steel and have an adjustable screw to help maintain optimal cutting performance over time. Earlier in 2026, the Fiskars Pan Care service was expanded to eight permanent locations in Finland. The service has continued to gain traction during the year. During January-September 2026, 30% of the Group's net sales were generated from circular products and services (Q1-Q3 2025: 27%). Sustainability target: Greenhouse gas emissions from own operations (Scopes 1 and 2) reduced by 70% from a 2017 base year by 2030 Fiskars Group aims to lower its greenhouse gas emissions through improved operational efficiency and greater use of renewable energy. During January-September 2026, Scope 1 and 2 greenhouse gas October 22, 2026 Fiskars Group's Interim Report Q3 2026 17
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emissions were 64% lower than in the 2017 base year. Compared with the same period in 2025, emissions decreased by 8%. This improvement was primarily driven by the continued electrification and optimization of production processes and a higher share of renewable energy in the Group's energy mix. Sustainability target: Greenhouse gas emissions from Scope 3 emissions in the value chain reduced by 40% from a 2018 base year by 2030 Fiskars Group works with its suppliers and logistics partners to reduce emissions across the value chain. In the first quarter of 2026, the Group adopted a significantly broader Scope 3 target, committing to reduce absolute Scope 3 greenhouse gas emissions from the value chain by 40% from a 2018 base year by 2030. This replaced the earlier target, which focused specifically on transport and distribution emissions. Based on the updated calculation methodology, 2025 Scope 3 emissions were 34% lower than in 2018. Progress toward this target is reported on an annual basis. Sustainability target: 80% of Fiskars Group’s raw material, component, and finished goods suppliers will have set science-based targets by 2029 Fiskars Group continues to engage with its supply chain to support the adoption of science-based targets among its suppliers. The company's target is for 80% of suppliers by spend providing purchased goods to have set science-based targets by 2029. At the end of the third quarter of 2026, approximately 72% (June 30, 2026: 72%) of the company's raw material, component and finished goods suppliers by 2025 spend had set science-based targets. Sustainability target: Zero Lost Time Accident Frequency (LTAF) Workplace safety remains a key priority for Fiskars Group, with the goal of achieving zero harm through a zero Lost Time Accident Frequency (LTAF), defined as the number of accidents resulting in an absence of at least one workday per million hours worked. Since January 2026, the LTAF reporting scope has been expanded to cover all employee groups globally, aligning it with the Lost Time Accident (LTA) metric, which already covered all employee groups. An LTA is a workplace accident that results in a worker being unable to return to work for at least one full workday beyond the day of the injury. During the third quarter, Fiskars Group held its annual Safety Week across all locations and employee groups. Under the theme "We Care: If You See It, Say It, Act!", employees in office, retail and operative environments participated in activities focusing on physical and psychosocial health and safety, while promoting proactive risk identification and a strong safety culture. During January–September 2026, the Lost Time Accident Frequency (LTAF) decreased to 2.2 (Q1-Q3 2025: 3.7), representing a 41% reduction. The comparison figure for LTAF includes only manufacturing units and distribution centers, excluding retail and office locations. The number of Lost Time Accidents decreased by 29% compared with the same period in 2025. Sustainability target: Inclusion Experience within the Top 10% of companies across industries Fiskars Group's aim is to create an open and inclusive working environment where everyone can grow, make a meaningful contribution and feel that they belong. Fiskars Group’s target is to be within the top 10% of companies in Inclusion Experience, with the benchmark score across all industries being 88. Based on the latest survey conducted in May 2026, Fiskars Group’s score was 71 (April 2025: 77). Due to changes in the index and methodology, the result is not directly comparable with the score recorded in April 2025. Research and development The Group’s research and development expenditure was EUR 5.7 million (Q3 2025: 5.3) in the third quarter of 2026, equivalent to 2.1% (2.1%) of net sales. During January–September, research and development expenses totaled EUR 17.6 million (Q1–Q3 2025: 16.7), equivalent to 2.2% (2.1%) of net sales. Personnel The average number of full-time equivalent employees (FTE) was 5,953 (Q3 2025: 6,150) in the third quarter. At the end of the quarter, the Group employed 6,374 (6,634) employees. October 22, 2026 Fiskars Group's Interim Report Q3 2026 18
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Changes in management In January–September 2026, Fiskars Group announced the following changes in its management. On February 5, 2026, Fiskars Group announced that Aamir Shaukat, who had served as EVP, Group Operations and Sustainability, as well as Chief Operations Officer in BA Vita, would fully focus on his role in BA Vita. Aamir Shaukat reports to Daniel Lalonde, CEO of Vita, and is no longer part of the Fiskars Group Leadership team. The role of EVP, Group Operations and Sustainability was discontinued, and Aamir Shaukat’s Group duties were moved under the Group’s CFO, Jussi Siitonen. On June 24, 2026, Fiskars Group announced the appointment of Niko Haavisto as Fiskars Group’s CFO and member of the Group Leadership Team as of August 10, 2026. He reports to Jyri Luomakoski, Fiskars Group’s President and CEO. Jussi Siitonen, the previous CFO and deputy to the CEO, left the company in August 2026. Organizational changes On October 24, 2024, Fiskars Group announced plans to separate its Business Areas Fiskars and Vita into fully accountable subsidiaries and independent legal entities to accelerate their different strategic growth opportunities and expedite the serving of their investment needs. The separation into individual legal entities was finalized during the first quarter of 2026. On February 5, 2026, Fiskars Group announced that its Business Area Vita was planning changes to drive a turnaround in its financial performance and lay foundations for profitable growth. The announced changes include simplifying BA Vita’s organizational structure to reduce complexity, as well as right-sizing capacity and streamlining operations at selected manufacturing and distribution sites. The changes are expected to lead to a net reduction of approximately 310 roles globally in BA Vita and are estimated to result in total annual cost savings of approximately EUR 28 million. Close to one third of the total savings is expected to be realized in the second half of 2026, and the majority of the rest of the savings in 2027. One- off costs related to the planned changes were initially expected to amount to a total of approximately EUR 9 million and to be recorded as items affecting comparability (IAC) during 2026. To date, EUR 11.9 million of one-off costs have been recorded, with some more costs expected to be recorded in the fourth quarter. Resolutions of the Annual General Meeting 2026 The Annual General Meeting of shareholders of Fiskars Corporation was held on March 11, 2026 at Finlandia Hall, Congress wing. The Annual General Meeting approved the financial statements for 2025 and discharged the members of the Board and the President and CEO from the liability. The use of profit shown on the balance sheet and the payment of dividend The Annual General Meeting decided, in accordance with the proposal of the Board of Directors, to pay a dividend of EUR 0.84 per share for the financial period that ended on December 31, 2025. The dividend will be paid in four installments. The first installment of EUR 0.21 per share was paid to a shareholder who was registered in the shareholders’ register of the company maintained by Euroclear Finland Oy on the dividend record date, March 13, 2026. The payment date for this installment was March 20, 2026. The second installment of EUR 0.21 per share was paid to a shareholder who was registered in the shareholders’ register of the company maintained by Euroclear Finland Oy on the dividend record date, June 4, 2026. The payment date for this instalment was June 11, 2026. The third installment of EUR 0.21 per share was paid to a shareholder who was registered in the shareholders’ register of the company maintained by Euroclear Finland Oy on the dividend record date, September 11, 2026. The payment date for this installment was September 18, 2026. The fourth installment of EUR 0.21 per share shall be paid to a shareholder who is registered in the shareholders’ register of the company maintained by Euroclear Finland Oy on the dividend record date, which, together with the payment date, shall be decided by the Board of Directors in its meeting scheduled for December 3, 2026. The preliminary record date is December 7, 2026, and the dividend payment date December 14, 2026, at the latest. The Board was authorised to decide, if necessary, on new dividend record dates and payment dates for the second, third and/or fourth installments, if the rules and statutes of the Finnish book-entry system change or otherwise so require, or if the payment of dividends is prevented by laws or regulations applied. October 22, 2026 Fiskars Group's Interim Report Q3 2026 19
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Adoption of the remuneration report and remuneration policy for governing bodies The Annual General Meeting decided to adopt the remuneration report and remuneration policy for the governing bodies. Election and remuneration of the Board of Directors The Annual General Meeting decided that the Board of Directors consist of eight (8) members. Paul Ehrnrooth, Louise Fromond, Rolf Ladau, Carl-Martin Lindahl, and Susanne Skippari were re-elected to the Board of Directors. Susan Duinhoven, Alexander Ehrnrooth and Kaarina Ståhlberg were elected as new members of the Board of Directors. The term of the Board members will expire at the end of the Annual General Meeting in 2027. The Annual General Meeting decided that the annual fees of the members of the Board of Directors will remain at the level of the previous term. The annual fees of the members of the Board of Directors shall be EUR 70,000, the annual fee of the Vice Chair EUR 105,000 and the annual fee of the Chair EUR 140,000. In addition, for Board and Committee meetings other than the meetings of the Audit Committee, the Board/Committee members shall be paid EUR 750 for meetings requiring travel within one (1) country and EUR 2,000 for meetings requiring international travel. The Chairs of the Board of Directors and said Committees shall be paid a fee of EUR 1,500 per meeting requiring travel within one (1) country and EUR 2,000 for meetings requiring international travel. For the meetings of the Audit Committee, the Committee members shall be paid EUR 1,000 for meetings requiring travel within one (1) country and EUR 2,250 for meetings requiring international travel. The Chair of the Audit Committee shall be paid a fee of EUR 2,500 per meeting. For Board/Committee meetings held per capsulam or as teleconference, it was decided that the Chairs of the Board of Directors as well as said Committees be paid a fee per meeting that does not differ from meetings fees otherwise payable to them and Board/Committee members be paid a fee of EUR 750 per meeting. Further the members of the Board of Directors are reimbursed for their travel and other expenses incurred due to their activities in the interest of the company. Election and remunerations of the auditor and the sustainability reporting assurance provider Ernst & Young Oy, Authorized Public Accountants firm, was re-elected as auditor for the term that will expire at the end of the Annual General Meeting in 2027. Ernst & Young Oy has announced that the responsible auditor will be Toni Halonen, APA. The Annual General Meeting decided that the auditor’s fees shall be paid according to the reasonable invoice approved by the Board of Directors. Furthermore, Ernst & Young Oy, Authorized Sustainability Audit firm, was re-elected as the company’s sustainability reporting assurance provider for the term that will expire at the end of the Annual General Meeting in 2027. Ernst & Young Oy has announced that the responsible sustainability auditor will be Toni Halonen, ASA. The Annual General Meeting decided that the remuneration of the sustainability reporting assurance provider be paid according to the reasonable invoice approved by the Board of Directors. Board authorizations Authorizing the Board of Directors to decide on the repurchase and/ or the acceptance as pledge of the company’s own shares The Annual General Meeting decided to authorize the Board of Directors to decide on the repurchase of the company’s own shares and/or the acceptance as pledge of the company’s own shares. The maximum number of shares to be repurchased and/or accepted as pledge is 8,000,000. Acquisitions of own shares may be made in one or several installments and by using the unrestricted shareholders’ equity of the company. The company’s own shares may be acquired in public trading on Nasdaq Helsinki Ltd at a price formed in public trading at the time of the acquisition. The authorization may be used to acquire shares to be used for the development of the capital structure of the company, as consideration in corporate acquisitions or industrial reorganizations and as a part of the company’s incentive system as well as otherwise for further transfer, retention or cancellation. The Board of Directors is authorized to decide on all other terms and conditions regarding the acquisition and/or pledge of the company’s own shares. Based on the authorization, the acquisition of the company’s own shares may be made otherwise than in proportion to the share ownership of the shareholders (directed acquisition). The authorization is effective until June 30, 2027 and cancels the authorization to decide on the repurchase of the company’s own October 22, 2026 Fiskars Group's Interim Report Q3 2026 20
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shares granted to the Board of Directors by the Annual General Meeting on March 12, 2025. Authorizing the Board of Directors to decide on the issuance of shares The Annual General Meeting decided to authorize the Board of Directors to decide on the issuance of shares in one or several instalments. The maximum number of shares to be issued based on the authorization is 8,000,000. The authorization concerns both the issuance of new shares as well as the transfer of treasury shares either for consideration or without consideration. The shares may be issued for example as consideration in corporate acquisitions or industrial reorganizations or for the development of the capital structure of the company, or as part of its incentive systems. The Board of Directors is authorized to decide on all other terms and conditions regarding the issuance of shares. The issuance of shares may also be carried out in deviation from the shareholders’ pre- emptive rights to the company’s shares (directed issue). The authorization is effective until June 30, 2027 and cancels the authorization to decide on the transfer of the company’s own shares held as treasury shares granted to the Board of Directors by the Annual General Meeting on March 12, 2025. Constitutive meeting of the Board and Board committees Convening after the Annual General Meeting, the Board of Directors elected Paul Ehrnrooth as its Chair and Alexander Ehrnrooth as the Vice Chair. The Board decided to establish a Nomination Committee and appointed Paul Ehrnrooth (Chair), Alexander Ehrnrooth and Louise Fromond as members and further decided to establish an Audit Committee and appointed Kaarina Ståhlberg (Chair), Alexander Ehrnrooth and Louise Fromond as the members of the Audit Committee, and a Human Resources and Compensation Committee and appointed Paul Ehrnrooth (Chair), Carl-Martin Lindahl, Rolf Ladau and Susanne Skippari as the members of the committee. Shares and shareholders Share capital and shares Fiskars Corporation has one share series (FSKRS). All shares carry one vote and equal rights. The number of shares in the Corporation totals 81,000,000. Fiskars Corporation held 270,629 of its own shares at the end of September 2026. The share capital remained unchanged, at EUR 77,510,200. Market capitalization and trading Fiskars Corporation shares are traded in the Large Cap segment of Nasdaq Helsinki. Trading on Nasdaq Helsinki Q1–Q3 2026 Q1–Q3 2025 2025 Trading volume, shares 5,001,101 2,771,329 4,220,360 Turnover, EUR 66,099,952 40,116,797 58,373,128 Highest price, EUR 14.60 16.40 16.40 Lowest price, EUR 11.90 12.20 12.02 Closing price, EUR 12.82 12.20 12.68 Volume-weighted average price, EUR 13.25 14.45 13.82 Fiskars Corporation shares are also traded in alternative marketplaces. In January–September 2026, the number of shares traded on Nasdaq Helsinki and selected alternative marketplaces together was 7.3 million (4.3), which represents 9.0% (5.3%) of the total number of shares. At the end of the quarter, Fiskars Corporation had a market capitalization of EUR 1,035.0 million (983.8). The total number of shareholders was 33,658 (32,791) at the end of the quarter. Flagging notifications Fiskars Corporation was not informed of any significant changes among its shareholders during the quarter. Share-based plans The aim of the share-based plans is to support the implementation of the company’s strategy and drive profitable growth, and to align the objectives of employees with the shareholders to increase the value of the company. Furthermore, the goal is to increase commitment to the company by offering a competitive incentive program. Long-term incentive plans On December 10, 2020, the Board of Directors decided on new share- based Long-term Incentive Plans, a Performance Share Plan and a Restricted Share Plan for the Fiskars Group Leadership Team and other key employees. The Performance Share Plan has performance criteria and targets, whereas the Restricted Share Plan is used as a retention tool. The plans consist of annually commencing share plans, each with a three-year performance or retention period. The Board of Directors will decide the commencement of each plan separately. October 22, 2026 Fiskars Group's Interim Report Q3 2026 21
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During the first quarter of 2026, the Board of Directors of Fiskars Corporation approved the launch of new periods for the years 2026– 2028 within the share-based long-term incentive plans. During the first quarter, the Board of Directors decided on a new hybrid approach, which combines a Performance Share Plan and a Restricted Share Plan, called “The Long-Term Incentive Plan.” The change was introduced to create a better balance between retention and pay-for performance and to align the objectives of key employees with the shareholders to increase the value of the Company. For the 2026–2028 plan period, the Long-Term Incentive Plan has a maximum of 70 participants. For the Performance Share Plan 2026–2028 plan period, the performance targets relate to the Company’s absolute total shareholder return, cumulative comparable EBIT and advancing circular economy in its offering. The Restricted Share Plan 2026–2028 includes a new phased annual vesting in three equal annual installments. In general, rewards to more senior Long-Term Incentive Plan participants will have a higher weighting on the Performance Share Plan. Fiskars Group also has a separate Restricted Share Plan used as a retention tool. For the 2026–2028 plan period, the Restricted Share Plan has a maximum of 30 participants and the plan vests in three equal annual installments over the three-year period. During the first quarter of 2026, the Board of Directors also decided on directed share issues without consideration based on the Restricted Share Plan and the Performance Share Plan to pay the share rewards for the 2023–2025 plan periods. In the share issue relating to the Restricted Share Plan, 8,472 treasury shares were issued without consideration to the key personnel participating in the plan period 2023–2025. In the share issue relating to the Performance share plan, 1,913 treasury shares were issued without consideration to the key personnel participating in the plan period 2023–2025. Further information about the ongoing periods in these share-based incentive plans and terms applied to the plans was published in stock exchange releases on December 10, 2020, February 4, 2022, February 7, 2023, February 8, 2024, February 6, 2025, April 1, 2025 and February 5, 2026. Ownership plan for the management On February 7, 2023, the Board of Directors decided to launch an Ownership Plan 2023 directed at the company’s President and CEO, the Fiskars Group Leadership Team, and certain key employees determined by the Board. In the Plan, the target group was given an opportunity to receive free matching shares for their personal investment in Fiskars shares. In 2023, a maximum total of 190,000 shares held by the company was offered for subscription by the target group of the Plan in a directed share issue against payment, in deviation from the shareholders’ pre- emptive right. The company had a weighty financial reason for the deviation from the shareholders’ pre-emptive right, since the purpose of the share issue was to encourage the target group to acquire and own the company’s shares as a part of the Plan. In this first directed share issue against payment, a total of 156,401 treasury shares was subscribed for by 12 employees. The total share subscription price was EUR 2,590,000.56. As part of the Plan, the Board resolved to offer to partially finance on an arm’s length basis the subscriptions of the company’s shares by providing interest-bearing loans to the Plan participants. The aggregate amount of financing provided by the company was EUR 1,206,274.00. On February 8, 2024, the Board decided to offer the Plan to a few additional participants. A maximum total of 25,786 treasury shares held by the company was, in deviation from the shareholders pre- emptive right, offered for subscription to the new participants of Fiskars Ownership Plan 2023 in a directed share issue against payment. A total of 12,894 treasury shares was subscribed for by four employees, and the total share subscription price was EUR 225,000.30. The Board resolved to offer to partly finance on an arm’s length basis the subscriptions of the company’s shares by providing interest-bearing loans to the new Plan participants. The aggregate amount of financing provided by the company was EUR 151,055. The rewards based on the Plan were paid after the end of the three- year matching period in April 2026, concluding the Fiskars Ownership Plan 2023. On April 23, 2026, the Board decided on a directed share issue without consideration based on the Ownership Plan. In the share issue, 81,755 treasury shares were issued without consideration as the reward under the Plan to the eligible participants in accordance with the terms and conditions of the Plan. The shares were transferred on April 24, 2026. Further information about the Fiskars Ownership Plan has been published in stock exchange releases published on February 7, 2023, March 10, 2023, February 8, 2024, February 28, 2024, and April 23, 2026. October 22, 2026 Fiskars Group's Interim Report Q3 2026 22
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“MyFiskars” employee share savings plan On March 15, 2023, Fiskars Group announced that the Board of Directors had decided to establish an employee share savings plan, “MyFiskars”, for the employees of Fiskars Group. The aim of MyFiskars is to encourage employees to acquire and own Fiskars Corporation’s shares, and it is intended to create a culture of ownership, as well as to further strengthen the employees’ long-term commitment to the company. MyFiskars consists of annually commencing plan periods, each comprising a 12-month savings period and a holding period. The employees are offered the opportunity to voluntarily save a proportion of their monthly salary and to invest this in Fiskars shares. The savings will be used to acquire Fiskars shares for the participating employees quarterly after the publication dates of the company’s interim reports. As a reward for their commitment, Fiskars Group grants the participating employees a gross reward of one free matching share for every two savings shares acquired. The matching shares will be granted if the participating employee remains employed at Fiskars Group at the end of the plan period, and if they have kept the shares they have acquired with their savings until this date. The first plan period of MyFiskars for 2023-2026 ended on June 30, 2026. On July 16, 2026, the Board of Directors of Fiskars Corporation decided on a directed share issue by conveying treasury shares without consideration based on the MyFiskars 2023-2026 plan period. In the share issue, 15,086 treasury shares were conveyed without consideration as the reward under the Plan. During the third quarter of 2026, two other MyFiskars plan periods were ongoing. Short-term risks and business uncertainties Fiskars Group’s business, net sales and financial performance may be affected by several internal and external uncertainties. Fiskars Group presents the overall business risks and risk management more broadly in its Annual Report and on the company’s website at www.fiskarsgroup.com/investors. These risks still apply. The most significant updates to risks and business uncertainties are related to new products and U.S. tariffs. The operating environment in 2026 is expected to remain uncertain, impacting demand for the Group’s products. Geopolitical risks in various geographies may result in further macroeconomic uncertainty, impact market demand and supply chains, and accelerate inflation. If market conditions worsen further, they may impact net sales and financial performance more than currently expected. As a result of a prolonged period of weak demand, inventories remain at elevated levels, particularly in Business Area Vita. The Business Area has continued to operate at lower production levels to reduce inventories, which has a negative impact on profit through supply chain variance. If the current measures to address the inventory situation prove to be insufficient, and more actions are required, or if these measures are necessary for longer than anticipated, they may impact profit more negatively than currently expected. Goods imported into the United States are subject to a rapidly evolving tariff regime. The scope and level of tariffs, or potential alternative tariff measures, remain uncertain, and the situation continues to evolve. Fiskars Group is closely monitoring developments and takes action as necessary. Given the significant share of net sales generated in the United States, particularly in Business Area Fiskars, tariffs may negatively impact Fiskars Group’s net sales and profitability, both directly through imports and indirectly through inflationary pressures and weakened consumer confidence, despite mitigation efforts. In February 2026, the U.S. Supreme Court issued a ruling concerning the legality of certain tariffs, making it possible for importers to recover certain previously paid tariffs. The realization and timing of potential refunds depend on the relevant authority processes. Fiskars Group is also subject to fluctuations in the U.S. dollar. A weakening U.S. dollar benefits the company in currency transactions due to its net-buy position. However, a weak U.S. dollar has a negative impact through translation risk. The demand for Fiskars Group’s products across categories can be influenced by both seasonal variations and weather conditions. For Business Area Fiskars, the first half of the year is important for the gardening category. The demand for garden tools can be significantly influenced by weather conditions. Unfavorable weather, i.e., a cold and rainy spring, can negatively impact the sales of these products, while favorable conditions can boost them. The back-to-school season during the second and third quarters of the year is also important for the scissors category in Business Area Fiskars. For Business Area Vita, the second half, particularly the fourth quarter, is the most important time of the year due to the holiday season. October 22, 2026 Fiskars Group's Interim Report Q3 2026 23
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Any negative developments related to product availability, demand, manufacturing or logistics impacting the important seasons can significantly affect the Group’s full-year net sales and profit. Fiskars Group develops its products based on identified consumer, customer, regulatory and market requirements through its structured New Product Development process. With an increasing focus on new product development, the introduction of new products, including products that represent new technologies or categories for the Group, inherently involves risks related to market acceptance, execution and lifecycle performance. These risks are managed through early-stage consumer testing, customer involvement and iterative product validation during the development process. In addition, defined quality, compliance and product safety requirements, and extensive testing and approval gates ensure that products meet applicable safety and quality standards before being introduced to the market. Fiskars Group increasingly depends on centralized information technology systems and suppliers that hold and process critical business information. Breaches, malfunctions, cyber-attacks and fraud attempts directed at Fiskars Group or its suppliers may cause interruptions in the company’s operations. Such an interruption may have an effect on the Group’s net sales and profit. Fiskars Group is involved in a number of legal actions, claims and other proceedings. Due to the nature of these proceedings, the final outcomes of these cases cannot be predicted. Taking into account the available information to date, these proceedings are not expected to have a material impact on the operations and financial position of the Group nor impact the guidance for 2026. It is possible that based on later information, the view may be reconsidered. In particular, Fiskars Group’s well-known and strong brands are exposed to e.g. infringement of intellectual property rights and therefore enforcement actions are part of ordinary business. Fiskars Group considers that investments made in enforcement actions are essential in order to protect and maintain the competitive edge created by our unique designs, innovations and strong brands. October 22, 2026 Fiskars Group's Interim Report Q3 2026 24
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Stock exchange releases during the reporting period Jan 21, 2026 Proposals of the Nomination Committee of the Board of Directors to Fiskars Corporation’s Annual General Meeting 2026 Feb 5, 2026 Inside information: Fiskars Group’s Business Area Vita plans changes to turn around its financial performance and lay foundations for profitable growth Feb 5, 2026 Change in the Fiskars Group Leadership Team Feb 5, 2026 Fiskars Corporation’s Financial Statement Release 2025: Focus on cash flow yielded results, comparable EBIT declined impacted by inventory actions Feb 5, 2026 NOTICE TO FISKARS CORPORATION ANNUAL GENERAL MEETING Feb 5, 2026 Fiskars Corporation’s directed share issue without consideration based on the Restricted Share Plan Feb 5, 2026 New periods to start within the share-based long-term incentive programs of Fiskars Group Feb 9, 2026 Fiskars Corporation – Notification of management's transactions – Hahn Feb 16, 2026 Fiskars Corporation’s Annual Report 2025 published Mar 11, 2026 Fiskars Corporation’s directed share issue without consideration based on the Performance Share Plan Mar 11, 2026 RESOLUTIONS OF FISKARS CORPORATION’S ANNUAL GENERAL MEETING 2026 Mar 12, 2026 Fiskars Corporation – Transfer of the company’s own shares Mar 12, 2026 Fiskars Corporation – Notification of management's transactions – Siitonen Date Release Apr 23, 2026 Fiskars Corporation Interim Report for January-March 2026 – A solid start to the year with increased comparable net sales and free cash flow, comparable EBIT EUR 25 million Apr 23, 2026 Fiskars Corporation’s directed share issue without consideration based on the Ownership Plan 2023 Apr 24, 2026 Fiskars Corporation – Transfer of the company’s own shares Apr 27, 2026 Fiskars Corporation - Notification of management's transactions - Hahn Apr 27, 2026 Fiskars Corporation - Managers' transactions - Siitonen Apr 27, 2026 Fiskars Corporation - Notification of management's transactions - Hahn Apr 29, 2026 Fiskars Corporation - Notification of management's transactions – Turret Oy Ab Apr 30, 2026 Fiskars Corporation - Notification of management's transactions – Fromond Apr 30, 2026 Fiskars Corporation - Notification of management's transactions – Holdix Oy Ab May 12, 2026 Fiskars Group publishes new long-term financial targets, including growth and profitability targets on a Business Area level Jun 2, 2026 Fiskars Corporation: Record date and payment date of the second dividend instalment of EUR 0.21 resolved by the Annual General Meeting 2026 Jun 3, 2026 Fiskars Corporation increases bond maturing in 2028 by EUR 50 million Jun 10, 2026 Fiskars Corporation has submitted a listing application for the EUR 50 million tap issue Date Release Jun 24, 2026 Change in the Fiskars Group Leadership Team: Niko Haavisto appointed new Group CFO, Jussi Siitonen to leave the company after transition period Jul 16, 2026 Fiskars Corporation Half-year Financial Report for January-June 2026: Comparable net sales increased for the fourth consecutive quarter – comparable EBIT and free cash flow also improved Jul 16, 2026 Fiskars Corporation’s directed share issue by conveying treasury shares without consideration based on the Employee Share Savings Plan Jul 20, 2026 Fiskars Corporation – Notification of management's transactions – Siitonen Jul 22, 2026 Fiskars Corporation – Notification of management's transactions – Hahn Jul 23, 2026 Fiskars Corporation – Notification of management's transactions – Kaarina Ståhlberg Law Consulting Oy Sep 9, 2026 Fiskars Corporation: Record date and payment date of the third dividend instalment of EUR 0.21 resolved by the Annual General Meeting 2026 Date Release October 22, 2026 Fiskars Group's Interim Report Q3 2026 25
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Guidance for 2026 (unchanged) Fiskars Corporation expects comparable EBIT to improve from the 2025 level (2025: EUR 76.4 million). Assumptions behind the guidance Uncertainties in the global economy and geopolitical environment are expected to continue and affect demand for Fiskars Group’s products in 2026. Visibility in the market is limited. The fourth quarter is typically an important quarter for the Group’s comparable EBIT generation, particularly for Business Area Vita. The improvement in the Group’s full-year comparable EBIT is expected to be primarily driven by Business Area Vita. Savings from Vita’s previously announced turnaround measures are expected to continue to support its financial performance and the Group’s comparable EBIT during the remainder of the year. At the same time, Business Area Vita is continuing its actions to reduce elevated inventory levels. While these actions are expected to strengthen the company's position in the long term, they carry some negative impact on comparable EBIT through supply chain variance. Some U.S. tariff refunds were received during the third quarter, and some further refunds will also fall into the fourth quarter, impacting primarily Business Area Fiskars. The fourth quarter is seasonally less substantial for Business Area Fiskars. Espoo, Finland, October 21, 2026 FISKARS CORPORATION Board of Directors October 22, 2026 Fiskars Group's Interim Report Q3 2026 26
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Consolidated Income Statement EUR Million Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 Net sales 268.7 259.3 3.6 % 812.5 809.5 0.4 % 1,140.2 Cost of goods sold -139.4 -138.9 -0.4 % -434.3 -431.0 -0.8 % -605.1 Gross profit 129.3 120.5 7.3 % 378.2 378.5 -0.1 % 535.1 Other operating income 1.8 2.5 -27.4 % 8.9 14.6 -39.1 % 20.9 Sales and marketing expenses -75.6 -74.7 -1.1 % -232.8 -236.9 1.8 % -333.2 Administration expenses -31.3 -28.3 -10.8 % -93.7 -94.9 1.3 % -127.1 Research and development expenses -5.7 -5.3 -7.2 % -17.6 -16.7 -5.4 % -22.9 Other operating expenses -2.0 -2.7 26.3 % -5.7 -31.9 82.0 % -34.8 Operating profit (EBIT) 16.5 12.0 37.6 % 37.3 12.6 38.1 Change in fair value of biological assets 0.4 1.2 -69.1 % -0.3 2.8 4.5 Financial income and expenses -6.0 -5.0 -19.3 % -24.7 -26.4 6.5 % -30.0 Profit before taxes 10.9 8.2 33.4 % 12.3 -11.0 12.5 Income taxes -2.4 -2.9 15.1 % -3.1 1.1 -2.9 Profit for the period 8.5 5.3 59.4 % 9.2 -9.9 9.6 Attributable to: Equity holders of the parent company 8.4 5.3 59.7 % 9.0 -10.1 9.3 Non-controlling interest 0.1 0.0 25.6 % 0.2 0.2 11.9 % 0.2 Profit for the period 8.5 5.3 59.4 % 9.2 -9.9 9.6 Earnings per share attributable to owners of the parent company: Basic 0.10 0.07 59.5 % 0.11 -0.13 0.12 Diluted 0.10 0.07 59.5 % 0.11 -0.13 0.12 October 22, 2026 Fiskars Group's Interim Report Q3 2026 27
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Consolidated Statement of Comprehensive Income EUR Million Q3 2026 Q3 2025 Q1–Q3 2026 Q1–Q3 2025 2025 Profit for the period 8.5 5.3 9.2 -9.9 9.6 Other comprehensive income for the period Items that may be reclassified subsequently to profit or loss: Translation differences 0.7 1.3 3.9 -22.6 -22.1 Cash flow hedges 0.2 0.1 0.5 0.2 0.8 Items that will not be reclassified to profit or loss: Defined benefit plans, actuarial gains (losses) net of tax 0.0 0.0 1.1 0.7 0.6 Other comprehensive income for the period, net of tax 0.9 1.4 5.5 -21.6 -20.8 Total comprehensive income for the period 9.4 6.7 14.7 -31.5 -11.2 Attributable to: Equity holders of the parent company 9.3 6.6 14.5 -31.5 -11.2 Non-controlling interest 0.0 0.0 0.2 -0.1 0.0 Total comprehensive income for the period 9.4 6.7 14.7 -31.5 -11.2 October 22, 2026 Fiskars Group's Interim Report Q3 2026 28
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Consolidated Balance Sheet EUR Million Sep 30, 2026 Sep 30, 2025 Change Dec 31, 2025 ASSETS NON-CURRENT ASSETS Goodwill 220.5 218.3 1.0 % 218.1 Other intangible assets 335.1 344.5 -2.7 % 339.2 Property, plant and equipment 164.9 166.8 -1.1 % 165.9 Right-of-use assets 110.7 132.7 -16.5 % 115.6 Biological assets 62.0 60.6 2.2 % 62.3 Investment property 8.7 9.2 -6.2 % 9.0 Financial assets at fair value through profit or loss 24.8 23.9 3.8 % 25.1 Other investments 2.9 3.5 -15.7 % 3.5 Deferred tax assets 61.3 42.0 46.0 % 53.1 Other non-current assets 8.7 15.9 -45.4 % 10.9 Non-current assets total 999.7 1,017.4 -1.7 % 1,002.7 CURRENT ASSETS Inventories 338.2 357.4 -5.4 % 322.9 Trade receivables 174.2 180.2 -3.3 % 178.3 Other current receivables 43.4 44.2 -1.9 % 52.7 Income tax receivables 0.8 16.6 -95.1 % 2.8 Interest-bearing receivables 0.1 0.1 3.9 % 0.1 Cash and cash equivalents 64.9 40.8 59.0 % 82.6 Current assets total 621.5 639.3 -2.8 % 639.5 Assets total 1,621.2 1,656.7 -2.1 % 1,642.1 EUR Million Sep 30, 2026 Sep 30, 2025 Change Dec 31, 2025 EQUITY AND LIABILITIES EQUITY Equity attributable to the equity holders of the parent company 656.2 689.6 -4.8 % 710.4 Non-controlling interest 4.2 4.2 1.4 % 4.3 Equity total 660.4 693.7 -4.8 % 714.7 NON-CURRENT LIABILITIES Interest-bearing liabilities 381.4 332.5 14.7 % 330.6 Lease liabilities 88.8 109.6 -19.0 % 88.3 Deferred tax liabilities 43.6 38.7 12.8 % 40.9 Employee defined benefit obligations 12.3 11.4 7.6 % 11.7 Provisions 2.9 3.2 -12.2 % 3.2 Other non-current liabilities 3.1 3.5 -11.5 % 3.5 Non-current liabilities total 532.1 499.0 6.6 % 478.1 CURRENT LIABILITIES Interest-bearing liabilities 101.6 171.2 -40.6 % 139.5 Lease liabilities 31.2 33.1 -5.7 % 37.5 Trade payables 84.1 80.7 4.1 % 84.1 Other current payables 201.7 171.2 17.8 % 179.4 Income tax liabilities 8.1 5.9 37.9 % 7.1 Provisions 2.0 1.9 7.6 % 1.8 Current liabilities total 428.7 463.9 -7.6 % 449.4 Equity and liabilities total 1,621.2 1,656.7 -2.1 % 1,642.1 October 22, 2026 Fiskars Group's Interim Report Q3 2026 29
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Consolidated Statement of Cash Flows EUR Million Q3 2026 Q3 2025 Q1–Q3 2026 Q1–Q3 2025 2025 Cash flow from operating activities Profit before taxes 10.9 8.2 12.3 -11.0 12.5 Adjustments for Depreciation, amortization and impairment 19.0 18.7 58.8 56.7 84.1 Gain/loss on sale and loss on scrap of non-current assets 0.2 0.4 0.1 26.2 26.6 Other financial items 6.0 5.1 24.7 26.4 30.1 Change in fair value of biological assets -0.4 -1.2 0.3 -2.8 -4.5 Change in provisions and other non-cash items -0.3 -3.1 4.3 -0.2 -4.4 Cash flow before changes in working capital 35.4 28.1 100.4 95.5 144.5 Changes in working capital Change in current assets, non-interest bearing -1.6 -13.6 18.3 6.7 4.7 Change in inventories 2.5 -9.7 -12.9 -45.8 -11.2 Change in current liabilities, non-interest-bearing 0.4 -3.1 -10.8 -26.6 -9.7 Cash flow from operating activities before financial items and taxes 36.7 1.7 95.0 29.7 128.2 Financial income received 2.9 2.9 4.9 5.3 7.7 Financial costs paid -2.6 -2.9 -15.2 -10.7 -26.6 Taxes paid -1.3 -1.7 -4.9 -10.6 -8.5 Cash flow from operating activities (A) 35.7 -0.1 79.8 13.8 100.8 EUR Million Q3 2026 Q3 2025 Q1–Q3 2026 Q1–Q3 2025 2025 Cash flow from investing activities Capital expenditure on fixed assets -10.1 -10.2 -22.3 -34.2 -43.5 Gains and losses on disposal of fixed assets 0.0 -0.1 0.5 0.6 0.7 Other dividends received 0.0 0.0 0.2 0.2 0.2 Cash flow from other investments 0.5 0.6 3.2 0.8 0.8 Cash flow from investing activities (B) -9.6 -9.6 -18.4 -32.6 -41.8 Cash flow from financing activities Purchase of treasury shares 0.0 -2.2 0.0 -3.3 -3.6 Change in current receivables 0.0 0.0 0.0 -0.1 -0.1 Proceeds from non-current debt 0.0 0.0 50.8 0.0 0.0 Repayments of non-current debt 0.0 0.0 0.0 0.0 0.0 Change in current debt -11.5 24.7 -45.3 100.3 73.9 Payment of lease liabilities -10.9 -10.1 -34.1 -30.6 -40.8 Cash flow from other financing items -0.1 0.0 -0.5 1.3 1.3 Dividends paid -16.9 -34.0 -51.0 -67.9 -67.9 Cash flow from financing activities (C) -39.4 -21.6 -80.1 -0.4 -37.1 Change in cash and cash equivalents (A+B+C) -13.3 -31.3 -18.6 -19.3 21.9 Cash and cash equivalents at beginning of period 77.9 72.1 82.6 60.8 60.8 Translation differences 0.3 0.1 0.9 -0.7 -0.1 Cash and cash equivalents at end of period 64.9 40.8 64.9 40.8 82.6 October 22, 2026 Fiskars Group's Interim Report Q3 2026 30
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Condensed Consolidated Statement of Changes in Equity Equity attributable to shareholders of the parent company EUR Million Share capital Treasury shares Cumulative translation differences Fair value reserve Retained earnings Non-controlling interest Total Opening Balance Jan 1, 2025 77.5 -2.1 19.0 -1.3 699.0 4.3 796.5 Total comprehensive income for the period -22.3 0.2 -9.4 -0.1 -31.5 Purchase and issue of treasury shares -3.3 -3.3 Share-based payments 0.2 1.1 1.2 Dividends -67.9 -0.1 -68.0 Other changes -1.2 -1.2 Balance at Sep 30, 2025 77.5 -5.2 -3.3 -1.1 621.6 4.2 693.7 Equity attributable to shareholders of the parent company EUR Million Share capital Treasury shares Cumulative translation differences Fair value reserve Retained earnings Non-controlling interest Total Opening Balance Jan 1, 2026 77.5 -5.4 -2.9 -0.5 641.8 4.3 714.7 Total comprehensive income for the period 4.0 0.5 10.0 0.2 14.7 Purchase and issue of treasury shares 0.0 Share-based payments 1.6 -2.6 -1.1 Dividends -67.7 -0.2 -67.9 Other changes 0.0 Balance at Sep 30, 2026 77.5 -3.9 1.1 0.0 581.4 4.3 660.4 October 22, 2026 Fiskars Group's Interim Report Q3 2026 31
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Notes to the Interim Report Accounting principles This unaudited Interim Report is prepared in accordance with IAS 34 Interim Financial Reporting using the same accounting policies and methods of computation as in the annual financial statements. Figures presented have been rounded and the sum of individual figures may therefore differ from the presented total figure. October 22, 2026 Fiskars Group's Interim Report Q3 2026 32
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Reporting segments EUR Million Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 Net sales Vita 154.6 147.4 4.9 % 412.7 399.8 3.2 % 612.6 Fiskars 112.8 110.4 2.2 % 395.5 405.1 -2.4 % 522.0 Other 1.3 1.5 4.3 4.6 5.6 Group total 268.7 259.3 3.6 % 812.5 809.5 0.4 % 1,140.2 EBIT Vita 8.6 4.4 94.0 % -5.1 -30.4 83.2 % -8.0 Fiskars 13.0 12.1 7.2 % 57.1 51.8 10.3 % 60.8 Other -5.1 -4.5 -14.7 -8.7 -14.7 Group total 16.5 12.0 37.6 % 37.3 12.6 38.1 Items affecting comparability in EBIT Vita 2.4 0.8 12.6 29.2 -56.8 % 35.7 Fiskars 0.9 0.5 57.3 % 1.8 5.4 -66.8 % 5.8 Other 0.4 0.5 1.2 -3.6 -3.1 Group total 3.7 1.9 95.2 % 15.6 31.0 -49.6 % 38.4 Gross profit Vita 81.6 76.8 6.3 % 210.1 216.4 -2.9 % 331.1 Fiskars 47.2 42.9 10.2 % 166.4 159.6 4.3 % 201.7 Other 0.5 0.8 1.8 2.5 2.3 Group total 129.3 120.5 7.3 % 378.2 378.5 -0.1 % 535.1 Items affecting comparability in gross profit Vita 1.8 0.0 6.7 0.5 0.5 Fiskars 0.2 0.6 -69.9 % 0.2 1.6 -85.2 % 1.8 Other 0.0 0.0 0.0 0.0 0.0 Group total 2.0 0.6 6.9 2.1 2.3 EUR Million Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 Depreciation, amortization and impairment Vita 12.3 11.9 2.9 % 38.5 36.4 5.8 % 56.8 Fiskars 5.4 4.9 9.9 % 16.0 16.0 0.3 % 21.9 Other 1.3 1.8 4.2 4.3 5.5 Group total 19.0 18.7 1.8 % 58.8 56.7 3.6 % 84.1 Capital expenditure Vita 4.0 6.0 -32.7 % 8.9 22.0 -59.4 % 27.2 Fiskars 5.0 2.5 99.6 % 8.0 9.7 -18.2 % 13.4 Other 1.1 1.7 5.4 2.5 2.9 Group total 10.1 10.2 -0.6 % 22.3 34.2 -34.9 % 43.5 Net working capital1 Vita 178.7 178.3 0.2 % 132.9 Fiskars 82.6 81.4 1.4 % 83.6 Other -12.3 80.9 69.7 Group total 248.9 340.6 -26.9 % 286.2 Capital employed1,2 Vita 864.1 882.3 -2.1 % 828.0 Fiskars 188.3 188.7 -0.2 % 189.6 Other 123.3 191.6 172.8 Group total 1,175.7 1,262.6 -6.9 % 1,190.4 1 Comparison periods have been restated as a result of the Business Areas' separation into individual legal entities. 2 The Q2 2026 Capital employed comparative figures have been adjusted to correct the allocation of certain asset items between segments. The adjustment had no impact on the Group's reported balance sheet, income statement or cash flow. The adjusted Q2 2026 Capital employed figures are EUR 855.5 million for BA Vita, EUR 203.8 million for BA Fiskars and EUR 86.9 million for Other. October 22, 2026 Fiskars Group's Interim Report Q3 2026 33
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Net sales by geography EUR Million Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 Europe 149.1 139.4 7.0 % 422.3 410.1 3.0 % 585.6 Americas 66.8 69.3 -3.7 % 235.5 248.0 -5.0 % 328.5 Asia-Pacific 52.1 50.9 2.4 % 152.8 156.2 -2.2 % 229.9 Unallocated1 0.7 -0.2 1.9 -4.8 -3.8 Group total 268.7 259.3 3.6 % 812.5 809.5 0.4 % 1,140.2 1 Geographically unallocated exchange rate differences. Reconciliation from EBIT to Comparable EBITDA EUR Million Q3 2026 Q3 2025 Change Q1–Q3 2026 Q1–Q3 2025 Change 2025 EBIT 16.5 12.0 37.6 % 37.3 12.6 38.1 Depreciation, amortization and impairment 19.0 18.7 1.8 % 58.8 56.7 3.6 % 84.1 EBITDA 35.5 30.6 15.8 % 96.1 69.4 38.5 % 122.2 Items affecting comparability in EBIT BA Vita turnaround actions 2.4 11.9 Business Area separation 0.4 0.7 1.2 3.5 4.0 Organizational changes 0.0 1.2 0.5 6.4 8.0 Digital & IT assets write-off 26.4 26.4 Trademark impairment 5.2 Sale of watering business -5.3 -5.3 Other 0.8 2.0 Total items affecting comparability in EBIT 3.7 1.9 15.6 31.0 -49.6 % 38.4 Comparable EBIT 20.2 13.9 52.9 43.6 21.3 % 76.4 Depreciation, amortization and impairment, excl. IAC 18.4 18.7 -1.5 % 56.3 56.7 -0.8 % 78.9 Comparable EBITDA 38.6 32.5 18.5 % 109.2 100.4 8.8 % 155.3 October 22, 2026 Fiskars Group's Interim Report Q3 2026 34
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EBIT and Comparable EBIT by income statement line item Q3 2026 Q3 2025 EUR Million Total Items affecting comparability Excl. Items affecting comparability Total Items affecting comparability Excl. Items affecting comparability Net sales 268.7 0.0 268.7 259.3 0.0 259.3 Cost of goods sold -139.4 2.0 -137.4 -138.9 0.6 -138.3 Sales and marketing expenses -75.6 0.8 -74.8 -74.7 0.5 -74.2 Administration expenses -31.3 0.9 -30.5 -28.3 0.4 -27.9 Research and development expenses -5.7 0.0 -5.7 -5.3 0.0 -5.3 Other operating income and expenses -0.2 0.0 -0.2 -0.2 0.3 0.1 EBIT 16.5 3.7 20.2 12.0 1.9 13.9 Q1–Q3 2026 Q1–Q3 2025 EUR Million Total Items affecting comparability Excl. Items affecting comparability Total Items affecting comparability Excl. Items affecting comparability Net sales 812.5 0.0 812.5 809.5 0.0 809.5 Cost of goods sold -434.3 6.9 -427.4 -431.0 2.1 -428.9 Sales and marketing expenses -232.8 3.8 -228.9 -236.9 2.0 -234.9 Administration expenses -93.7 4.6 -89.1 -94.9 5.4 -89.5 Research and development expenses -17.6 0.2 -17.4 -16.7 0.1 -16.6 Other operating income and expenses 3.1 0.0 3.2 -17.3 21.4 4.1 EBIT 37.3 15.6 52.9 12.6 31.0 43.6 October 22, 2026 Fiskars Group's Interim Report Q3 2026 35
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2025 EUR Million Total Items affecting comparability Excl. Items affecting comparability Net sales 1,140.2 0.0 1,140.2 Cost of goods sold -605.1 2.3 -602.8 Sales and marketing expenses -333.2 8.4 -324.7 Administration expenses -127.1 6.2 -120.9 Research and development expenses -22.9 0.1 -22.8 Other operating income and expenses -13.9 21.5 7.5 EBIT 38.1 38.4 76.4 October 22, 2026 Fiskars Group's Interim Report Q3 2026 36
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Intangible and tangible assets Goodwill and other intangible assets EUR Million Sep 30, 2026 Sep 30, 2025 Dec 31, 2025 Book value, Jan 1 557.3 604.2 604.2 Translation differences 3.8 -13.2 -13.5 Additions 5.1 9.3 13.2 Amortization and impairment -11.0 -11.1 -20.2 Decreases and transfers 0.4 -26.4 -26.4 Book value at the end of period 555.6 562.8 557.3 Property, plant and equipment EUR Million Sep 30, 2026 Sep 30, 2025 Dec 31, 2025 Book value, Jan 1 165.9 167.4 167.4 Translation differences 0.4 -4.5 -4.2 Additions 17.1 24.3 29.6 Depreciation and impairment -17.3 -16.5 -22.9 Decreases and transfers -1.1 -3.8 -4.0 Book value at end of period 164.9 166.8 165.9 October 22, 2026 Fiskars Group's Interim Report Q3 2026 37
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Leases Right-of-use assets EUR Million Sep 30, 2026 Sep 30, 2025 Dec 31, 2025 Book value, Jan 1 115.6 138.2 138.2 Translation differences 1.7 -6.1 -6.1 Additions 24.9 30.0 39.0 Depreciation and impairment -30.3 -27.8 -39.4 Decreases -1.3 -1.6 -16.1 Book value at end of period 110.7 132.7 115.6 Effects on the consolidated balance sheet EUR Million Sep 30, 2026 Sep 30, 2025 Dec 31, 2025 Non-current assets Right-of-use assets 110.7 132.7 115.6 Non-current assets total 110.7 132.7 115.6 Equity & Liabilities Other balance sheet items, net -9.3 -10.1 -10.2 Non-current lease liabilities 88.8 109.6 88.3 Current lease liabilities 31.2 33.1 37.5 Equity and liabilities total 110.7 132.7 115.6 Effects on the consolidated income statement EUR Million Q3 2026 Q3 2025 Q1–Q3 2026 Q1–Q3 2025 2025 Reversed rents 10.9 10.1 34.1 30.6 40.8 Depreciation and impairment -9.7 -9.3 -30.3 -27.8 -39.4 Interest expenses -1.0 -1.3 -3.1 -3.8 -5.0 Total 0.2 -0.5 0.7 -1.0 -3.6 Contingencies and pledged assets EUR Million Sep 30, 2026 Sep 30, 2025 Dec 31, 2025 As security for own commitments Guarantees 10.4 8.7 8.2 Other contingencies 2.2 0.4 0.4 Supplier finance arrangement limit 18.3 17.0 17.0 Contingencies and pledged assets total 31.0 26.1 25.7 Of the supplier finance arrangement limit, EUR 8.0 million was in use (Q3 2025: 8.1). The supplier finance arrangements are described in more detail in Annual Report Note 4.3. October 22, 2026 Fiskars Group's Interim Report Q3 2026 38
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Derivatives EUR Million Sep 30, 2026 Sep 30, 2025 Dec 31, 2025 Nominal amounts of derivatives Derivatives, hedge accounting not applied: Foreign exchange forwards and swaps 312.4 295.9 393.8 Commodity derivatives 23.1 14.6 12.0 Cross currency swaps 41.9 18.6 18.6 Derivatives, hedge accounting applied: Interest rate swaps 110.0 165.0 110.0 Fair value of derivatives Derivatives hedge accounting not applied: Foreign exchange forwards and swaps -2.3 0.1 0.3 Commodity derivatives -2.0 1.6 3.2 Cross currency swaps 0.8 1.4 1.3 Derivatives, hedge accounting applied: Interest rate swaps 1.2 2.2 0.8 Derivatives have been valued at market value on the reporting date. Hedge accounting is not applied on foreign exchange forwards and swaps, commodity derivatives and cross currency swaps. Fair value changes are recognized in financial items. Fiskars Group applies hedge accounting to interest rate swaps. Fair value change is recognized in equity through other comprehensive income (cash flow hedges) or in financial items in profit and loss (fair value hedges). Net debt reconciliation EUR Million Sep 30, 2026 Sep 30, 2025 Dec 31, 2025 Loans from credit institutions 245.3 301.2 269.5 Issued bonds 251.4 202.5 200.6 Lease liabilities 120.0 142.8 125.9 Cash and cash equivalents -64.9 -40.8 -82.6 Net debt 551.8 605.6 513.4 Exchange rate sensitivity of the operations The most significant transaction risks are related to the appreciation of USD, DKK and the depreciation of SEK, JPY and NOK. The following table presents the estimated annual net commercial cash flows in the most significant currencies: EUR Million USD SEK JPY NOK AUD GBP KRW DKK Operational currency position -47.7 26.7 26.0 22.3 17.1 16.8 15.6 -15.4 Exchange rate sensitivity of the operations1 4.8 -2.7 -2.6 -2.2 -1.7 -1.7 -1.6 1.5 1 Illustrates the impact of 10% depreciation of the currency on the Group's annual profit before taxes had the cash flows not been hedged. Most of the foreign exchange transaction risks related to the commercial cash flows are hedged primarily using currency forwards and swaps. As Fiskars Group does not apply hedge accounting to these currency derivatives, both the realized and unrealized gains and losses on the derivatives are included in the income statement. October 22, 2026 Fiskars Group's Interim Report Q3 2026 39
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Fair value of financial instruments Hierarchy level 1 includes financial assets and liabilities that are publicly quoted in an active market. Level 2 includes financial assets and liabilities measured using directly observable market inputs. Other than publicly quoted interest-bearing debts and derivatives fall within this category. Level 3 includes financial assets and liabilities measured using non-market observable inputs. The asset classes in this category are unlisted equity investments and funds. Financial assets at fair value through profit and loss 24.8 24.8 Other investments 2.9 2.9 Derivative assets 3.7 3.7 Total assets 3.7 27.8 31.5 Derivative liabilities 6.0 6.0 Interest-bearing liabilities 240.4 240.4 Total liabilities 240.4 6.0 246.4 Sep 30, 2026 EUR Million Level 1 Level 2 Level 3 Total Sep 30, 2025 EUR Million Level 1 Level 2 Level 3 Total Financial assets at fair value through profit and loss 23.9 23.9 Other investments 3.5 3.5 Derivative assets 7.9 7.9 Total assets 7.9 27.4 35.3 Derivative liabilities 2.5 2.5 Interest-bearing liabilities 196.5 196.5 Total liabilities 196.5 2.5 199.1 Dec 31, 2025 EUR Million Level 1 Level 2 Level 3 Total Financial assets at fair value through profit and loss 25.1 25.1 Other investments 3.5 3.5 Derivative assets 7.9 7.9 Total assets 7.9 28.6 36.5 Derivative liabilities 2.4 2.4 Interest-bearing liabilities 202.6 202.6 Total liabilities 202.6 2.4 205.0 Financial assets at fair value through profit or loss consist of unlisted funds. The fair value of unlisted funds is based on the market value reported by the fund (level 3) and changes are recognized in the income statement. Other investments include unlisted shares as well as non-current receivables. Unlisted shares and other investments are measured at fair value (level 3). Fair value of unlisted shares equals acquisition value. Interest-bearing liabilities (level 1) consist of listed bond. October 22, 2026 Fiskars Group's Interim Report Q3 2026 40