Interim report
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INTERIM REPORT FOR 1 JANUARY – 30 SEPTEMBER 2026
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2 July - September: • Order intake totalled EUR 170.4 (143.4) million. • Net sales amounted to EUR 159.8 (172.7) million. • Operating profit totalled to EUR 5.9 (9.6) million, equalling 3.7 (5.6) per cent of net sales. • Earnings per share were EUR 0.16 (0.27). • Cash flow from operating activities was EUR -20.4 (-0.2) million. January - September: • Order intake totalled EUR 542.8 (505.0) million. • Order books stood at EUR 170.5 (163.2) million at the end of the period under review. • Net sales amounted to EUR 513.7 (530.4) million. • Operating profit totalled to EUR 18.4 (30.2) million, equalling 3.6 (5.7) per cent of net sales. • Net result was EUR 16.4 (23.7) million. • Earnings per share were EUR 0.59 (0.85). • Cash flow from operating activities was EUR -1.3 (4.4) million. • Equity ratio was 57.6 (57.7) per cent at the end of the period under review. Profit guidance for 2026 unchanged: The company’s euro-denominated operating profit in 2026 is estimated to be on a par with the operating profit 2025 (EUR 41.6 million). Interim report for 1 January – 30 September 2026
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3 The calculation of key indicators is presented on section Formulas for calculation of indicators. KEY INDICATORS 7-9/2026 7-9/2025 Change 1-9/2026 1-9/2025 Change 1-12/2025 Order intake (MEUR) 170.4 143.4 18.8% 542.8 505.0 7.5% 702.7 Order books (MEUR) 170.5 163.2 4.5% 141.4 Net sales (MEUR) 159.8 172.7 -7.4% 513.7 530.4 -3.1% 749.9 Operating profit (MEUR) 5.9 9.6 -38.6% 18.4 30.2 -39.2% 41.6 Operating profit (%) 3.7 5.6 3.6 5.7 5.6 Result before taxes (MEUR) 5.5 9.1 -40.1% 18.7 29.1 -36.0% 40.0 Diluted and undiluted earnings per share (EUR) 0.16 0.27 -40.7% 0.59 0.85 -30.6% 1.09 R&D expenditure (MEUR) 8.1 5.2 53.3% 21.2 18.6 14.0% 26.6 Capital expenditure (MEUR) 6.9 7.4 -6.8% 13.1 17.2 -23.9% 22.7 Equity per share (EUR) 12.13 11.81 2.7% 12.08 Net interest-bearing liabilities (MEUR) 54.0 30.8 75.2% 20.5 Net gearing (%) 15.9 9.3 6.1 Equity ratio (%) 57.6 57.7 59.5 Cash flow from operating activities (MEUR) -20.4 -0.2 >100.0% -1.3 4.4 >-100.0% 23.3 Average number of employees 1,803 2,109 -14.5% 1,890 2,073 -8.8% 2,083 Interim report for 1 January – 30 September 2026
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4 A busy autumn trade fair season supported the order flow in the third quarter. Despite the challenging market conditions, the order intake increased from the comparison period to EUR 170.4 (143.4) million. Production at our Vieremä factory remained at a high level given the market environment, yet our order books grew slightly, standing at EUR 170.5 (163.2) million at the end of the review period. The order books extend partly into next year. Market uncertainty continued, and customers made their investment decisions with great caution. Rising fuel prices also weighed on our customers’ profitability in almost every market. Low levels of construction and private consumption continued to affect demand in the forest industry, and consequently impacted Ponsse’s customers. Among our market areas, the Nordic countries and Europe were the most active, although demand remained clearly below normal levels. The company’s net sales decreased by 7.4 per cent year-on- year in the third quarter to EUR 159.8 (172.7) million. The net sales of new machines and maintenance services fell from the comparison period. The change in the net sales of maintenance services was driven by the expiry of the Full Service agreement in Brazil and weaker demand caused by deteriorating market conditions. The net sales of used machines remained at the level of the comparison period. Epec continued on its strong growth path. Our relative profitability was weak in the third quarter, stan - ding at 3.7 (5.6) per cent. The operating profit was supported by customs duty refunds of EUR 3.5 million recognised in the US country organisation’s result. Excluding this non-recurring item, operational profitability stood at a very weak level. Profitability was weighed down in particular by lower-than-expe - cted invoicing for new machines and maintenance services, as well as rising cost levels. The reported operating profit was EUR 5.9 (9.6) million. The cash flow for the review period was EUR -1.3 (4.4) million. Used machine sales picked up year-on-year, but the level of sales was not sufficient to turn inventories downwards. Inventories of new machines also grew, as invoicing fell short of expectations. However, the company’s solvency remained very strong, and the equity ratio at an excellent level. PRESIDENT AND CEO JUHO NUMMELA: Despite the challenging situation, we will continue our determined investments in sales and maintenance services, as well as in product development and digital solutions. There is strong momentum across our organisation, and our strategic development projects are progressing according to plan. At the same time, we are tightening cost discipline and prioritising our activities even more carefully. Factory capacity will be adjusted during the remainder of the year to match market conditions, and the goal for sales is to strengthen the order books for 2027 and at the same time promote the secondhand machine sales. Interim report for 1 January – 30 September 2026
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5 NET SALES Consolidated net sales for the period under review amounted to EUR 513.7 (530.4) million, which is 3.1 per cent less than in the comparison period. International business operations accounted for 76.5 (75.8) per cent of net sales. Net sales (MEUR) 7-9/2026 7-9/2025 Change 1-9/2026 1-9/2025 Change Group's net sales, total 159.8 172.7 -7.4% 513.7 530.4 -3.1% Net sales by segment Nordic countries and the Baltics 74.3 78.2 -4.9% 238.5 241.0 -1.0% Central and Southern Europe 38.1 47.5 -19.8% 139.3 132.2 5.3% North America 21.0 26.1 -19.6% 66.4 77.1 -14.0% South America 18.9 16.0 18.6% 49.4 67.1 -26.4% Asia, Australia and Africa 7.5 4.9 51.5% 20.2 13.0 55.4% Net sales, total 159.8 172.7 -7.4% 513.7 530.4 -3.1% PROFIT PERFORMANCE The operating profit for the period under review amounted to EUR 18.4 (30.2) million. The operating profit equalled 3.6 (5.7) per cent of net sales for the period under review. In the third quarter, the Group recognised a positive impact on earnings of approximately EUR 3.5 million related to customs refunds received in the United States, which improved the Group's ope - rating profit by the same amount. The impact is included in the item Raw materials and services on the income statement. The Brazilian Full Service contract ended during during the period under review. The EUR 6.4 million provision for the loss-making contract that had been recognised in the Group’s balance sheet at the beginning of the financial year was relea- sed and recognised as income. Taking into account the change in the provision, the contract’s impact on the result for the reporting period was EUR 4.9 million (-2.6 million). Staff costs for the period under review totalled EUR 93.9 (89.1) million. Other operating expenses stood at EUR 62.7 (61.2) million. The cost impact of the provision of the loss-ma - king Full Service contract of the Brazilian subsidiary is included in other operating expenses. The net total of financial income and expenses amounted to EUR 0.3 (-0.9) million. Exchange rate gains and losses due to currency rate fluctuations were re - cognised under financial items, having a net impact of EUR 2.1 (1.1) million. During the period under review, EUR 0.4 million of revaluation profits on interest rate swaps were recognised in the result. The Group’s effective tax rate for the period under review was 12.1 (18.6) per cent. The tax rate was significantly reduced by the reversal of a previously recognised IAS 37 pro - vision related to the loss-making contract in Brazil. No deferred tax asset had been recognised in respect of this provision in prior financial periods and, consequently, the reversal of the provision did not result in a corresponding tax expense effect during the reporting period. Furthermore, no deferred tax asset has been recognised in respect of the Brazilian com- pany’s other taxable losses, as their utilisation is considered unlikely. Result for the period under review totalled EUR 16.4 (23.7) million. Diluted and undiluted earnings per share (EPS) came to EUR 0.59 (0.85). Consolidated return on capital employed (ROCE) stood at 6.6 (10.1) per cent. Net sales by segment 1-9/2026 Nordic countries and the Baltics 46% Central and Southern Europe 27% North America 13% South America 10% Asia, Australia and Africa 4% Net sales by segment 1-9/2025 Nordic countries and the Baltics 45% Central and Southern Europe 25% North America 15% South America 13% Asia, Australia and Africa 2% Interim report for 1 January – 30 September 2026
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6 STATEMENT OF FINANCIAL POSITION AND FINANCING ACTIVITIES At the end of the period under review, the total consolidated statements of financial position amounted to EUR 591.6 (576.0) million. Inventories stood at EUR 275.2 (241.4) million. Trade receivables totalled EUR 68.4 (60.4) million, while cash and cash equivalents stood at EUR 51.0 (67.1) million. Current receivables include a receivable of EUR 2.9 million related to the sale of the share capital of Ponsse’s Russian subsidiary, OOO Ponsse. During the period under review, a payment of EUR 0.1 million was received from the sale price. Group shareholders’ equity stood at EUR 339.7 (330.6) million and parent company shareholders’ equity (FAS) at EUR 311.6 (314.3) million. The amount of interest-bearing liabilities was EUR 105.0 (97.9) million. The company has ensured its liquidity by credit facility limits and commercial paper programs. Group's loans from financial institutions are non-collateral bank loans without financial covenants. Consolidated net liabilities totalled EUR 54.0 (30.8) million, and the debt-equity ratio (net gearing) was 15.9 (9.3) per cent. The equity ratio stood at 57.6 (57.7) per cent at the end of the period under review. Cash flow from operating activities amounted to EUR -1.3 (4.4) million. Cash flow from investment activities came to EUR -11.8 (-17.2) million. ORDER INTAKE AND ORDER BOOKS Order intake for the period under review totalled EUR 542.8 (505.0) million, while period-end order books were valued at EUR 170.5 (163.2) million. Order intake (MEUR) 7-9/2026 7-9/2025 Change 1-9/2026 1-9/2025 Change Order intake 170.4 143.4 18.8% 542.8 505.0 7.5% Order books (MEUR) 30 September 2026 30 September 2025 Change Order books 170.5 163.2 4.5% DISTRIBUTION NETWORK With focus on sales and maintenance, the organisation is divided into five market areas: Nordic countries and the Baltics; Central and Southern Europe; South America; North America; and Asia, Australia and Africa. R&D AND CAPITAL EXPENDITURE Group’s R&D expenses during the period under review totalled EUR 21.2 (18.6) million, of which EUR 5.5 (5.7) million was capitalised. Investments during the period under review totalled EUR 13.1 (17.2) million. In addition to capitalised R&D expenses, they consisted of investments in buildings and ordinary in - vestments in machinery and equipment. PERSONNEL The Group had an average staff of 1,890 (2,073) during the period under review and employed 1,770 (2,112) people at the end of the period. SHARE-BASED INCENTIVE PLANS On February 16, 2026, the Board of Directors of Ponsse Plc decided, and the company announced, that new Performance- Based Matching Share Plans will be established for the Group’s CEO and key personnel for the period 2026–2030. The plans are a continuation of the Performance-Based Matching Share Plans 2023–2027. The CEO Performance-Based Share Ownership Plan In the CEO plan the following performance periods are valid: 2024-2026, 2025-2027 and 2026-2028. The cost impact of these plans during the period under review was EUR 0.2 million. Key Employee Performance-Based Matching Share Plan The key employee plan includes the following performance periods: 2024-2026, 2025-2027 and 2026-2028. During the period under review, the costs related to the 2023-2025, 2024-2026, 2025-2027 and 2026-2028 performance periods of the sha- re-based incentive plans amounted to a total of EUR 0.7 million. Operating profit (MEUR) 7-9/2026 7-9/2025 Change 1-9/2026 1-9/2025 Change Group's operating profit, total 5.9 9.6 -38.6% 18.4 30.2 -39.2% Interim report for 1 January – 30 September 2026
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7 SHARE PERFORMANCE The company’s registered share capital consists of 28,000,000 shares. The trading volume of Ponsse Plc shares for 1 January – 30 September 2026 totalled 805,128, accounting for 2.88 per cent of the total number of shares. Share turnover amounted to EUR 19.0 million, with the period’s lowest and highest share prices amounting to EUR 21.00 and EUR 27.40, respectively. At the end of the period, shares closed at EUR 22.00, and market capitalisation totalled EUR 616.0 million. At the end of the period under review, the company held 18,103 treasury shares. ANNUAL GENERAL MEETING 2026 A separate release was issued on 8 April 2026 regarding the authorizations given to the Board of Directors and other resolu - tions at the AGM. SUSTAINABILITY Ponsse has defined key sustainability targets for its business operations. Their implementation is promoted through annual function-specific targets and measures as part of the com - pany’s strategy implementation. Ponsse promotes people’s well-being, reduces the environmental impacts of its operations and products throughout their life cycle, and acts as a reliable partner for whom a sense of community is a strength. During the third quarter, as part of the annual strategy process, Ponsse’s Board of Directors reviewed and approved Ponsse’s double materiality assessment. The assessment identified Ponsse’s most significant sustainability impacts, as well as sustainability-related risks and opportunities, which guide the management of sustainability work and the allocation of resources. In the third quarter, Ponsse promoted its circular economy targets in particular by improving the availability of rema - nufactured spare parts for customers. Ponsse launched the ExtendedLIFE project, funded by the EU LIFE programme, which aims to extend the service life of used forest machines and inc - rease the reuse of machine components. As part of the project, a Refactory was established in Iisalmi, where used forest machi - nes and their components can be refurbished, dismantled and recycled on an industrial scale. Ponsse complemented its product offering by introducing the Thin Line harvesting system optimised for thinning ope - rations, featuring the PONSSE Scorpion harvester and the PONSSE Wisent forwarder. The Thin Line models are designed specifically for cost-effective harvesting on thinning sites. The solution combines machine features optimised for thinning, good fuel economy and high productivity in changing logging conditions. For thinning operations, Ponsse also introduced the PONSSE Active Flow hydraulic solution, which enhances crane efficiency and reduces fuel consumption. PONSSE Production Tracker, a new addition to digital services, provides real-time visibility into harvesting production. Timber location and trail data make it possible to improve forwarding efficiency, reduce unnecessary driving and share site observations between machines in the harvesting chain. Ponsse’s technology also received recognition at the Démo Forest trade fair in Belgium. Innovation awards were presented to the firefighting equipment designed for extinguishing forest and wildland fires, and to the HH360 rotator, which enables the unrestricted rotation of the harvester head. During the review period, the company’s reputation was assessed by private investors in the Reputation and Trust Analytics’ 2026 Trust&Reputation study, in which Ponsse was ranked as the fourth most reputable listed company in Finland. Ponsse and the Group’s technology company Epec Oy achieved a Bronze medal in the EcoVadis sustainability assessment. The results reflected progress in sustainability work, particularly in the areas of environment, labour and human rights, as well as sustainable procurement. During the third quarter, the company also launched new human rights initiatives. In August, work began to identify and assess human rights impacts across Ponsse’s supplier network. This will continue in the first quarter of 2027 with the development of processes and measures to prevent, mitigate and remediate the identified impacts. During the review period, the Ponsse Group’s technology company Epec Oy linked its financing agreement to the Group’s ESG targets. The KPIs of the sustainability-linked loans monitor Epec’s performance in Scope 3 emission intensity, the waste recycling rate and lost-time injury frequency (LTIF). RISK MANAGEMENT Our risk management is based on the company’s values and strategic and financial goals. The purpose of risk management is to support the company’s strategic objectives and to secure its financial development and the continuity of its business. Ponsse’s management conducts an annual risk assessment that includes the sustainability risks and opportunities impacting the compa ny’s business. Within them, aspects related to climate change, biodiversity, and resource efficiency together with digitalisation and technological development are emphasised. The purpose of risk management is to identify, assess, and monitor business-related risks that may impact the realisation of the company’s strategic and financial objectives or the continuity of business. This information is used to decide what measures will be required to prevent risks and respond to current risks. Interim report for 1 January – 30 September 2026
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8 Risk management is part of the company’s daily business and has been incorporated into its management system. Risk management is directed by the risk management policy appro- ved by the Board of Directors. A risk is any event that may prevent the company from achie- ving its objectives or threatens the continuity of business. A risk may also be a positive event, in which case the risk is treated as an opportunity. Each risk is assessed on the basis of its impact and probability. The company’s risk management methods inclu- de the avoidance, mitigation, and transfer of risk. Risks may also be managed by controlling and minimising their impacts. SHORT-TERM RISK MANAGEMENT The most significant short term risks in Ponsse’s operating en - vironment are related to uncertainty in the global economy and geopolitical situation, changes in trade policy, and the subdued pace of economic growth in key markets. Rising geopolitical tensions, tariffs and other trade restrictions may affect export markets, investment decisions and the functioning of supply chains. Ponsse’s business operations focus on forest machine technology based on the cut to length (CTL) method, for which demand is linked to the cyclical development of the forest industry and wood raw material markets. Weakening economic conditions, the availability of financing, price of energy and fluctuations in interest rates may affect customers’ willingness to invest, particularly in certain market areas. The company manages market risk through its broad geographical presence, strong customer relationships, and investments in services and digitalisation, which support customers even in weaker market conditions. International trade policy, the situation in the Middle East and changes in tax and customs legislation may affect Ponsse’s supply chains and cost structure. These risks are managed by strengthening supply chain resilience, increasing local sourcing, using alternative suppliers, and enhancing the flexibility of pro - duction and logistics. Investments in digital services, automation and new techno - logies, in line with the strategy, also involve implementation and cybersecurity risks. Increasing cyberthreats and advancements in AI are reshaping the cybersecurity risk landscape. Growing regulation, such as the requirements of the Cyber Resilience Act, is increasing the resources required to develop cyberse - curity. Ponsse is systematically developing its cybersecurity and progressing towards an operating model aligned with the ISO 27001 standard, to support business continuity and the reliability of digital services. Continuous employee training and reinforcing cybersecurity awareness are key to preparing against cyber risks. The company’s strong financial position and liquidity support risk management in an uncertain market environment. Ponsse actively monitors financial, interest rate and currency risks and, if necessary, uses financial instruments to manage risks. In addition, the parent company monitors the risks related to trade receivables and long-term service agreements as part of normal financial control. LEGAL MATTERS A number of legal proceedings and claims related to product liability are pending against Ponsse in Canada and France. In Brazil, a settlement process is under way with the tax authorities concerning the tax treatment of intra group trade payables written down in previous years. Ponsse received a favourable first instance decision in the matter, which the tax authorities have appealed, and have submitted a related claim. A liability of EUR 5.4 million has been recognised in connection with the case. According to the assessment of the company’s management, the outcome of these legal processes and claims is not expected to have a material impact on Ponsse’s financial position, taking into account the entries made, the insurance cover and the arguments presented. OUTLOOK FOR THE FUTURE The company’s euro-denominated operating profit in 2026 is estimated to be on par with the operating profit in 2025 (EUR 41.6 million). Uncertainty related to the market environment persists. However, the company has good invoicing potential for the remainder of the year, and the outlook is based on realistic assumptions regarding invoicing, production and cost develop - ment. Factory capacity will be adjusted during the remainder of the year to match market conditions. Ponsse is investing in customer relationships and high-quali- ty service, as well as selectively in product development, digital solutions and strengthening its service network. Productivity at the Vieremä factory is being improved through an expansion of the welding shop and increased automation. Profitability, cost management and a rapid response to market conditions are at the core of our operations. EVENTS AFTER THE PERIOD After the end of the period under review, the payment arran- gements for the receivable arising from the sale of the share capital of Ponsse’s Russian subsidiary were finalised, and the company received a payment of approximately EUR 2.8 million in October 2026. Virtually the entire amount of the receivable was subsequently collected, with the exception of approximately EUR 0.1 million, which relates to transaction costs associated with the funds transfer. Interim report for 1 January – 30 September 2026
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9 PONSSE GROUP CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (1,000 EUR) 7-9/2026 7-9/2025 1-9/2026 1-9/2025 1-12/2025 NET SALES 159,840 172,668 513,745 530,407 749,874 Increase (+)/decrease (-) in inventories of finished goods and work in progress 11,544 839 26,403 23,464 16,190 Other operating income 1,665 1,547 5,053 6,346 7,591 Raw materials and services -107,899 -110,058 -345,485 -353,273 -490,804 Expenditure on employment-related benefits -28,810 -26,386 -93,936 -89,136 -120,355 Depreciation and amortisation -7,938 -8,849 -24,735 -26,370 -35,200 Other operating expenses -22,481 -20,117 -62,667 -61,228 -85,664 OPERATING PROFIT 5,920 9,643 18,378 30,209 41,632 Share of results of associated companies -100 -74 -67 -209 -282 Financial income and expenses -357 -440 344 -863 -1,356 RESULT BEFORE TAXES 5,464 9,129 18,656 29,136 39,994 Income taxes -1,047 -1,540 -2,263 -5,408 -9,504 NET RESULT FOR THE PERIOD 4,417 7,589 16,393 23,729 30,490 OTHER ITEMS INCLUDED IN TOTAL COMPREHENSIVE RESULT Translation differences related to foreign units 243 -801 269 -6,925 -6,183 TOTAL COMPREHENSIVE RESULT FOR THE PERIOD 4,660 6,788 16,662 16,804 24,307 Diluted and undiluted earnings per share 0.16 0.27 0.59 0.85 1.09 Interim report for 1 January – 30 September 2026
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10 CONSOLIDATED STATEMENT OF FINANCIAL POSITION (1,000 EUR) 30 September 2026 30 September 2025 31 December 2025 ASSETS NON-CURRENT ASSETS Intangible assets 38,020 43,713 42,917 Goodwill 6,595 6,612 6,627 Property, plant and equipment 110,568 111,613 112,475 Financial assets 379 376 377 Investments in associated companies 522 712 639 Non-current receivables 822 737 328 Deferred tax assets 10,775 9,817 9,178 TOTAL NON-CURRENT ASSETS 167,682 173,580 172,541 CURRENT ASSETS Inventories 275,234 241,407 240,019 Trade receivables 68,378 60,384 63,472 Income tax receivables 4,707 4,983 8,519 Other current receivables 24,605 28,539 28,674 Cash and cash equivalents 51,022 67,113 58,149 TOTAL CURRENT ASSETS 423,945 402,426 398,833 TOTAL ASSETS 591,627 576,007 571,374 SHAREHOLDERS’ EQUITY AND LIABILITIES SHAREHOLDERS' EQUITY Share capital 7,000 7,000 7,000 Other reserves 5,004 4,358 4,462 Translation differences 17,580 16,569 17,311 Treasury shares -430 -122 -135 Retained earnings 310,557 302,811 309,555 EQUITY OWNED BY PARENT COMPANY SHAREHOLDERS 339,710 330,615 338,193 NON-CURRENT LIABILITIES Interest-bearing liabilities 65,997 62,658 61,221 Deferred tax liabilities 1,859 1,045 969 Other non-current liabilities 5,233 5,146 5,232 TOTAL NON-CURRENT LIABILITIES 73,089 68,850 67,422 CURRENT LIABILITIES Interest-bearing liabilities 39,003 35,261 17,477 Provisions 6,728 14,571 12,552 Tax liabilities for the period 1,205 71 633 Trade creditors and other current liabilities 131,891 126,638 135,097 TOTAL CURRENT LIABILITIES 178,828 176,542 165,759 TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES 591,627 576,007 571,374 Interim report for 1 January – 30 September 2026
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11 CONSOLIDATED STATEMENT OF CASH FLOWS (1,000 EUR) 1-9/2026 1-9/2025 1-12/2025 CASH FLOWS FROM OPERATING ACTIVITIES Net result for the period 16,393 23,729 30,490 Adjustments: Financial income and expenses -344 863 1,356 Change in provisions -6,275 -5,010 -6,817 Share of the result of associated companies 67 209 282 Depreciation and amortisation 24,735 26,370 35,200 Income taxes 2,263 5,408 9,504 Other adjustments -2,306 1,778 2,429 Cash flow before changes in working capital 34,533 53,347 72,444 Change in working capital: Change in trade receivables and other receivables -224 -12,298 -15,385 Change in inventories -31,547 -28,281 -26,549 Change in trade creditors and other liabilities -2,735 7,483 15,026 Interest received 327 200 1,214 Interest paid -1,787 -2,310 -2,052 Other financial items -1,340 -1,659 -2,731 Income taxes paid 1,449 -12,111 -18,691 NET CASH FLOWS FROM OPERATING ACTIVITIES (A) -1,324 4,371 23,276 CASH FLOWS USED IN INVESTING ACTIVITIES Investments in tangible and intangible assets -13,114 -17,221 -22,678 Proceeds from sale of tangible and intangible assets 1,271 59 199 NET CASH FLOWS USED IN INVESTING ACTIVITIES (B) -11,843 -17,162 -22,479 CASH FLOWS FROM FINANCING ACTIVITIES Withdrawal of non-current loans 15,000 0 0 Repayment of non-current loans -14,292 0 0 Withdrawal of current loans 35,000 15,000 40,000 Repayment of current loans -9,998 -1,719 -48,107 Lease repayments -3,666 -3,895 -5,213 Dividends paid -15,397 -13,990 -13,990 NET CASH FLOWS FROM FINANCING ACTIVITIES (C) 6,647 -4,603 -27,310 Change in cash and cash equivalents (A+B+C) -6,520 -17,395 -26,513 Cash and cash equivalents on 1 January 58,149 83,590 83,590 Impact of exchange rate changes -607 918 1,072 Cash and cash equivalents on 30 September / 31 December 51,022 67,113 58,149 Interim report for 1 January – 30 September 2026
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12 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (1,000 EUR) A = Share capital B = Other reserves C = Translation differences D = Treasury shares E = Retained earnings F = Total shareholders’ equity EQUITY OWNED BY PARENT COMPANY SHAREHOLDERS A B C D E F SHAREHOLDERS' EQUITY 1 JANUARY 2026 7,000 4,462 17,311 -135 309,555 338,193 Comprehensive result: Net result for the period 16,393 16,393 Other items included in total comprehensive result: Translation differences 269 269 Total comprehensive result for the period 269 16,393 16,662 Direct entries to retained earnings 6 6 Transactions with shareholders Share Plan 542 542 Dividend distribution -15,397 -15,397 Treasury shares, change* -295 -295 Transactions with shareholders in total 542 -295 -15,397 -15,150 SHAREHOLDERS' EQUITY 30 SEPTEMBER 2026 7,000 5,004 17,580 -430 310,557 339,710 SHAREHOLDERS' EQUITY 1 JANUARY 2025 7,000 3,824 23,494 -47 292,922 327,193 Comprehensive result: Net result for the period 23,729 23,729 Other items included in total comprehensive result: Translation differences -6,925 -6,925 Total comprehensive result for the period -6,925 23,729 16,804 Direct entries to retained earnings 150 150 Transactions with shareholders Share Plan 534 534 Dividend distribution -13,990 -13,990 Treasury shares, change* -75 -75 Transactions with shareholders in total 534 -75 -13,990 -13,531 SHAREHOLDERS' EQUITY 30 SEPTEMBER 2025 7,000 4,358 16,569 -122 302,811 330,615 *Treasury shares procured for incentive schemes Interim report for 1 January – 30 September 2026
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13 The stock exchange release for the interim report has been prepared observing the recognition and valuation principles of IFRS, but some of the IAS 34 requirements have not been complied with. The inerim report has been prepared applying the same accounting principles as for the annual financial statements dated 31 December 2025, except for the IAS/IFRS standard and interpretation changes that entered into force on 1 January 2026. These standard and interpretation changes did not have a material impact on the interim report. The figures presented in the stock release have not been audited. The figures presented in the stock release have been rounded and may therefore differ from those given in the official financial statements. This communication includes future-oriented statements that are based on the assumptions currently made by the company’s mana - gement and its current decisions and plans. Although the management believes that the future expectations are well founded, there is no certainty that these expectations will prove to be correct. This is why the results may significantly deviate from the assumptions in - cluded in the future-oriented statements as a result of, among other things, changes in the economy, markets, competitive conditions, legislation or currency exchange rates. The Group has continued to assess the impact of adopting the standard IFRS 18 Presentation and Disclosures in Financial Statements. According to the current assessment, the standard will have no impact on the Group’s profit or the amount of equity, but it will affect the presentation of the income statement, the cash flow statement, and certain notes to the financial statements. The Group is currently assessing the standard’s impact on the classification of foreign exchange items and on any management-defined performance measures (MPMs). NOTES TO THE RELEASE FOR THE INTERIM REPORT Interim report for 1 January – 30 September 2026
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14 OPERATING SEGMENTS 1-9/2026 (1,000 EUR) Nordic countries and the Baltics Central and Southern Europe North America South America Asia, Australia and Africa Total Net sales of the segment 354,365 141,718 68,222 50,509 20,482 635,295 Revenues between segments -115,851 -2,447 -1,859 -1,093 -301 -121,550 NET SALES FROM EXTERNAL CUSTOMERS 238,515 139,271 66,363 49,416 20,180 513,745 Operating profit of the segment 1,645 8,066 -26 7,627 1,095 18,407 Unallocated items -29 OPERATING PROFIT 1,645 8,066 -26 7,627 1,095 18,378 DEPRECIATION AND AMORTISATION 20,611 1,093 861 2,110 61 24,735 EXPENDITURE ON EMPLOYMENT-RELATED BENEFITS 72,787 5,746 6,465 8,467 470 93,936 1-9/2025 (1,000 EUR) Nordic countries and the Baltics Central and Southern Europe North America South America Asia, Australia and Africa Total Net sales of the segment 347,056 135,738 79,612 67,769 13,249 643,424 Revenues between segments -106,094 -3,536 -2,483 -641 -263 -113,017 NET SALES FROM EXTERNAL CUSTOMERS 240,962 132,203 77,129 67,128 12,986 530,407 Operating profit of the segment 3,825 11,869 5,142 8,977 498 30,312 Unallocated items -102 OPERATING PROFIT 3,825 11,869 5,142 8,977 498 30,209 DEPRECIATION AND AMORTISATION 21,690 884 877 2,843 76 26,370 EXPENDITURE ON EMPLOYMENT-RELATED BENEFITS 66,372 5,373 5,977 11,066 348 89,136 SEGMENT INFORMATION The operating segments are based on a geographical division of market areas, and they are defined based on the reporting used by the Group’s top operational decision-maker. Interim report for 1 January – 30 September 2026
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15 NET SALES Net sales by contract type (1,000 EUR) 7-9/2026 7-9/2025 Change 1-9/2026 1-9/2025 Change Machine sales 116,088 126,102 -7.9% 372,039 389,307 -4.4% Service 34,633 40,827 -15.2% 113,516 124,364 -8.7% Systems solutions 9,118 5,739 58.9% 28,190 16,736 68.4% Total 159,839 172,668 -7.4% 513,745 530,407 -3.1% Reconciliations (1,000 EUR) 7-9/2026 7-9/2025 Change 1-9/2026 1-9/2025 Change Net sales Net sales of the reporting segments 205,349 201,530 1.9% 635,295 643,424 -1.3% Elimination of income between segments -45,510 -28,862 57.7% -121,550 -113,017 7.6% Group's net sales, total 159,839 172,668 -7.4% 513,745 530,407 -3.1% Operating profit Result of the reporting segments 5,930 9,721 -39.0% 18,407 30,312 -39.3% Items not allocated to any segment -10 -77 -87.0% -29 -102 -71.6% Group's operating profit, total 5,920 9,644 -38.6% 18,378 30,209 -39.2% DIVIDENDS PAID (1,000 EUR) 1-9/2026 1-9/2025 1-12/2025 Dividend per share EUR 0.55 (EUR 0.50) 15,397 13,990 13,990 PROPERTY, PLANT AND EQUIPMENT (1,000 EUR) 1-9/2026 1-9/2025 1-12/2025 Book value 1 January 112,475 116,183 116,183 Increase 16,971 17,438 25,982 Decrease and depreciations -20,879 -22,333 -28,360 Exchange rate difference 2,001 325 -1,330 Book value 30 September / 31 December 110,568 111,613 112,475 Net sales by contract type 1-9/2026 Machine sales 72% Service 22% Systems solutions 6% Net sales by contract type 1-9/2025 Machine sales 74% Service 23% Systems solutions 3% Interim report for 1 January – 30 September 2026
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16 LEASING COMMITMENTS (1,000 EUR) 30 September 2026 30 September 2025 31 December 2025 1,813 2,051 1,941 CONTINGENT LIABILITIES (1,000 EUR) 30 September 2026 30 September 2025 31 December 2025 Guarantees given on behalf of others 1 2 274 Responsibility of checking the VAT deductions made on real property investments 6,751 7,367 7,760 Other commitments 390 386 237 Total 7,142 7,755 8,271 MANAGEMENT'S EMPLOYMENT-RELATED BENEFITS (1,000 EUR) 1-9/2026 1-9/2025 1-12/2025 Salaries and other short-term employment-related benefits 4,475 3,721 4,656 Pension liabilities, statutory and voluntary pension security 1,145 975 1,270 Compensation of the members of the Board of Directors 231 212 283 PROVISIONS (1,000 EUR) Guarantee provision Other provisions Total 1 January 2026 6,125 6,427 12,552 Provisions added 1,604 0 1,604 Provisions cancelled -1,001 -6,959 -7,961 Exchange rate difference 0 532 532 30 September 2026 6,728 0 6,728 The Group has recognised a provision in the item of other provisions based on a Full Service contract entered into by the Brazilian subsidiary as the fulfilment of the contractual obligations is estimated to generate expenses that exceed the expected economic bene - fits obtained from the agreement. The provision has been measured based on the best possible estimate of the expenses arising from the fulfilment of the obligations on the closing date. This provision was reversed during the second quarter. RELATED PARTY TRANSACTIONS The Group’s related parties include the parent company, subsidiaries and associates. Related parties also include significant share - holders, key personnel, close family members of key personnel and specified shareholders, and entities controlled by such persons. Transactions with related parties are conducted on normal commercial terms and at market prices. Management’s employment-related benefits include salaries and bonuses of the President and CEO, parent company’s Management Team and Country Managers or Managing Directors of subsidiaries. Interim report for 1 January – 30 September 2026
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17 KEY FINANCIAL FIGURES 30 September 2026 30 September 2025 31 December 2025 Diluted and undiluted earnings per share (EUR) 0.59 0.85 1.09 Equity per share (EUR) 12.13 11.81 12.08 Net interest-bearing liabilities (MEUR) 54.0 30.8 20.5 Net gearing (%) 15.9 9.3 6.1 Equity ratio (%) 57.6 57.7 59.5 Return on equity (ROE) (%) 6.4 9.6 9.2 Return on capital employed (ROCE) (%) 6.6 10.1 10.3 Current ratio 2.4 2.3 2.5 Interest-bearing liabilities (1,000 EUR) 105,000 97,920 78,698 Non-interest-bearing liabilities (1,000 EUR) 146,917 147,472 154,483 Interim report for 1 January – 30 September 2026
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18 FORMULAS FOR CALCULATION OF INDICATORS Order intake Net sales + change of order books during the accounting period Earnings per share (EPS) Net profit for the period − minority interest Average number of shares during the accounting period, adjusted for share issues Equity per share Shareholders´ equity Number of shares at closing of the accounts, adjusted for share issues Interest-bearing net liabilities Interest-bearing liabilities - cash and cash equivalents Net gearing, % Financial liabilities − cash and cash equivalents x 100 Shareholders´ equity Equity ratio, % Shareholders´ equity + minority interest x 100 Balance sheet total − advance payments received Return on equity, % (ROE) Net profit for the period x 100 Shareholders´ equity + minority interest (average during the year) Return on capital employed, % (ROCE) Profit before taxes + financial expenses x 100 Shareholders´ equity + financial liabilities (average during the year) Current ratio Current Assets x 100 Current Liabilities Average number of personnel during the financial year Average of the number of personnel at the end of each month from continuing operations. The calculation has been adjusted for part-time employees. Interim report for 1 January – 30 September 2026
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PONSSE PLC Ponssentie 22, 74200 Vieremä, Finland Tel. +358 20 768 800 www.ponsse.com A LOGGER’S BEST FRIEND