Interim report
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1 / 26 Scanfil plc January – September 2026 Interim Report 23 October 2026 Scanfil plc January – September 2026 Interim Report 23 October 2026
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2 / 26 Scanfil Group’s Interim Report for January – September 202 6 Strong Customer Wins Create Momentum for Scanfil's Growth July – September • Turnover totaled EUR 252.2 million (191.3), an increase of 31.8% • Turnover increased organically by 8.5% • C omparable EBITA was EUR 17.8 million (14.1), an increase of 26.1% • Comparable EBITA margin was 7.1% (7.4%) • Earnings per share were EUR 0.18 (0.14) January – September • Turnover totaled EUR 740.2 million (586.1), an increase of 26.3% • Turnover increased organically by 6.6% • C omparable EBITA was EUR 52.0 million (40.9), an increase of 27.1% • Comparable EBITA margin was 7.0% (7.0%) • Earnings per share were EUR 0.49 (0.43) • Net debt/EBITDA was 1.50 (0.14) Outlook for 2026 Scanfil estimates that its turnover for 2026 will be EUR 940 - 1,060 million and comparable EBITA EUR 64 - 78 million. KEY FIGURES 7-9 2026 7-9 2025 Change,% 1-9 2026 1-9 2025 Change,% 1-12 2025 Turnover, EUR million 252.2 191.3 31.8 740.2 586.1 26.3 797.1 Organic growth, % 8.5 7.0 6.6 -1.0 1.2 Comparable EBITA*, EUR million 17.8 14.1 26.1 52.0 40.9 27.1 56.4 Comparable EBITA*, % 7.1 7.4 7.0 7.0 7.1 Comparable Operating Profit (EBIT)**, EUR million 16.7 13.7 21.7 49.0 39.2 25.0 54.2 Comparable Operating Profit (EBIT)**, % 6.6 7.2 6.6 6.7 6.8 Net Profit, EUR million 11.6 9.2 26.0 32.4 28.0 15.7 40.9 Earnings per Share, EUR 0.18 0.14 25.4 0.49 0.43 15.2 0.63 Return on Equity, % 13.3 12.7 13.5 Equity Ratio, % 41.3 55.0 53.9 Net Gearing, % 42.2 3.5 3.0 Net debt / EBITDA 1.50 0.14 0.12 Net Cash Flow from Operations, EUR million 4.1 7.4 -44.5 10.0 41.4 -75.8 64.1 Employees at the end of period 4,719 4,075 15.8 4,199 * Excluding items affecting comparability and purchase price allocation amortization **Excluding items affecting comparability
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3 / 26 CHRISTOPHE SUT, CEO: During the third quarter , momentum accelerated for Scanfil. Turnover was EUR 252.2 million, an increase of 31.8%, and organic growth gained speed a nd reached 8.5%. The first part of the quarter was affected, as usual , by the vacation period in our European factories, and in the second part of the quarter activity accel e rated with a strong finish , wh ich gives us confidence in the positive development for the remai nder of the year. Comparable EBITA increased by 26.1% to EUR 17.8 million, corresponding to a margin of 7.1%. Growth was broad - based across the Group. The Americas continued its strong perform ance . Tu rnover increased by 73.9% and the comparable EBITA margin improved to 8.7%, supported by the strong contribution from ADCO Circuits. Central Europe delivered turnover growth of 56.9% and improved its comparable EBITA margin to 7.8%, reflecting the solid organic growth and strong contribution from MB Elettronica . APAC recorded strong demand and organic growth was 16.6%, while Northern Europe delivered modest growth, supported by continued strength in Aerospace & Defense. In APAC, profitability was temporarily affected by costs related to the implementation of new product introductions and lower activity levels at the SRX factories. These factors are gradually normalizing, and we expect the region’s EBITA margin to improve during the fourth quarter as production ramps up and factory utilization increases. T he operating environment remained challenging , as component availability requ ired increased focus and dedication . During the quarter, Scanfil was very active to secure component availability and strengthen partnership s with customers and suppliers. The integration of MB Elettronica and ADCO Circuits continued to progress well. Their capabilities and customer relationships have strengthened our position, particularly in Aerospace & Defense, where quarterly turnover more than tripled year - on - year to EU R 30.9 million. At the same time, we achieved growth across all customer groups, with Energy & Cleantech, Industrial, and Medtech & Life Science also develop ed positively during the quarter. Commercial activity remained solid. We secured new customer projects of approximately EUR 48 million during the quarter and approximately EUR 172 million during January – September. These wins support our future growth and reflect the value customers place o n Scanfil’s strong customer industry focus, manufacturing expertise, supply chain reliability, and regional presence. We also continued to invest in future capacity. In Poland, we are expanding our Myslowice factory following strong new customer wins, with the expanded facilities expected to be operational in the first quarter of 2028. Together with the ongoing expansion of our Suzhou factory, these investments support our customers’ regional needs and strengthen our platform for sustainable growth. In January – September, turnover increased by 26.3% to EUR 740.2 million, while comparable EBITA increased by 27.1% to EUR 52.0 million. Our financial position remains strong following the acquisitions, with the net debt to EBITDA ratio at 1.50 and over EUR 150 million in unused credit limits and undrawn loan facilities. Operating cash flow was EUR 10.0 million, reflecting higher working capital requirements associated with organic growth. During the quarter, we successfully hosted our Capital Markets Day and presented Scanfil’s updated strategy and long - term financial targets. We set an ambitious target of average annual turnover growth of 15%, supported by a balanced combination of organic growth and value - creating acquisitions. To maintain financial flexibility while supporting our growth ambitions, we also introduced a net debt - to - EBITDA ratio corridor of 1 – 2. Looking ahead, we remain confident in Scanfil’s development. The integration of MB Elettronica and ADCO Circuits, the ramp - up of new customer programs, continued operational improvements, and our increasing exposure to attractive growth segments provide a solid foundation for the remainder of the year and beyond. We reiterate our 2026 outlook of turnover of EUR 940 – 1,060 million and comparable EBITA of EUR 64 – 78 million. I would like to thank our customers for their continued trust in Scanfil and all Scanfil employees for their dedication, flexibility, and strong execution during the quarter. With a broader customer base, an expanded geographic footprint, strengthened capabilities, and continued investment in future capacity, Scanfil is well positi oned to create sustainable value for its customers, employees, and shareholders.
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4 / 26 Scanfil Group’s Interim Report for January - September 2026 TURNOVER 7 - 9 2026 7 - 9 2025 1−9 2026 1−9 2025 Turnover, EUR million 252.2 191.3 740.2 586.1 Of which: Organic growth 8.5 % 7.0 % 6.6 % - 1.0 % Acquisitions 21.1 % 4.9 % 19.1 % 4.4 % Exchange rate effects 2.3 % - 1.5 % 0.6 % - 0.1 % Non - recurring items 0.0 % 0.0 % 0.0 % 0.0 % The turnover for July – September was EUR 252.2 (191.3) million, an increase of 31.8% and EUR 60.9 million compared to the previous year’s comparison period. Turnover increased organically by 8.5% and acquisitions contributed 21.1% to growth. Changes in foreign exchange rates of local cur rencies against the Group’s reporting currency euro had a positive currency translation impact of 2.3%. Turnover increased in Americas by 73.9%, APAC by 25.9%, Central Europe by 56.9% and Northern Europe by 1.9%. The turnover for January – September was EUR 740.2 (586.1) million, an increase of 26.3% and EUR 154.1 million compared to the previous year’s comparison period. Turnover increased organically by 6.6% and acquisitions contributed 19.1% to growth. Changes in foreign exchange rates of lo c al currencies against the Group’s reporting currency euro had a positive currency translation impact of 0.6%. Turnover increased in Americas by 64.6%, APAC by 12.1%, Central Europe by 49.7% and Northern Europe by 5.3%. ADCO Circuits LLC was consolidated into the Scanfil Group on December 10, 2025 and MB Elettronica on January 22, 2026. The acquisitions’ impact on turnover was EUR 112.1 million in January-September 2026. COMPARABLE EBITA AND OPERATING PROFIT (EBIT) The comparable EBITA for July – September was EUR 17.8 (14.1) million, 7.1% (7.4%) of turnover. The comparable EBITA increased compared to the previous year’s comparison period mainly due to higher turnover. The comparable EBITA margin in Americas was 8.7% (8.1%), APAC 6.1% (7.9%), Central Europe 7.8% (6.5%), and Northern Europe 6.7% (8.6%). The comparable operating profit (EBIT) for July – September was EUR 16.7 (13.7) million, 6.6% (7.2%) of turnover. The c omparable EBIT increased compared to the previous year’s comparison period mainly due to higher turnover. The operating profit (EBIT) was EUR 17.1 (12.6) million, 6.8% (6.6%) of turnover. EBIT includes items affecting comparability of EUR 0.3 ( - 1.1 ) million, related to ADCO and MB Elettronica transaction costs and other items. The EBIT margin was in Americas 8.2% (7.2%), APAC 5.6% (7.3%), Central Europe 7.7% (5.0%), and Northern Europe 6.7% (8.6%). The comparable EBITA for January–September was EUR 52.0 (40.9) million, 7.0% (7.0%) of turnover. The comparable EBITA margin was in Americas 7.8% (7.5%), APAC 7.3% (7.8%), Central Europe 7.7% (7.1%), and Northern Europe 6.7% (6.5%). The comparable operating profit (EBIT) for January–September was EUR 49.0 (39.2) million, 6.6% (6.7%) of turnover. The operating profit (EBIT) was EUR 48.5 (37.8) million, 6.5% (6.4%) of turnover. EBIT includes items affecting comparability of EUR - 0. 5 ( - 1.4 ) million, mainly relating to ADCO and MB Elettronica transaction costs. The EBIT margin was in Americas 7.2% (6.4%), APAC 6.8% (7.3%), Central Europe 7.1% (6.3%), and Northern Europe 6.7% (6.3%). 173.3 191.3 252.2 7.4 7.4 7.1 5.5 6.0 6.5 7.0 7.5 50 100 150 200 250 300 Q3/24 Q3/25 Q3/26 Turnover, EUR million Comparable EBITA, % 12.8 14.1 17.8 7.4 7.4 7.1 5.5 6.0 6.5 7.0 7.5 5 10 15 20 Q3/24 Q3/25 Q3/26 Comparable EBITA, EUR million Comparable EBITA, %
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5 / 26 NET PROFIT AND EARNINGS The net profit for July – September was EUR 11. 6 ( 9.2 ) million, an increase of 26 .0 %. Earnings per share were EUR 0.1 8 (0.1 4 ). The net profit for January – September was EUR 32.4 ( 28.0 ) million, an increase of 15. 7 %. Earnings per share were EUR 0. 49 (0. 43 ). Return on investment was 15.1 % (1 4.4 %). The effective tax rate in January – September was 2 6. 0 % (22. 6 %). The tax rate increased due to non - deductible financing expenses related to M&A transactions and it will impact the full year 2026 tax rate. Also, the acquisition of MB Elettronica increased Scanfil’s overall effective tax rate, as Italy’s statutory tax rate is higher than the average tax rate in our other operating countries. FINANCING AND CAPITAL EXPENDITURE Scanfil has a strong financial position. The consolidated balance sheet total was EUR 822.7 (551.3) million at the end of the review period. Cash and cash equivalents totaled EUR 25.4 (56.0) million. Liabilities amounted to EUR 488.7 (253.7) million, of wh ich non - interest - bearing liabilities totaled EUR 322.2 (187.3) million and interest - bearing liabilities totaled EUR 166.5 (66.4) million. Interest - bearing liabilities consisted of EUR 136.0 (38.4) million in liabilities from financial institutions and EUR 30.4 (28.0) million in leasing liabilities. The Group has a strong liquidity position with EUR 66.4 million unused credit limits and, in addition, EUR 87.2 million undrawn loan facilities. The equity ratio at the end of the period was 4 1. 3 % (5 5.0 %), and net gearing was 4 2.2 % ( 3.5 %). Equity per share was EUR 5.08 (4. 55 ) . T he interest - bearing net debt/EBITDA was 1.50 (0.14). The Group’s financial arrangements include financial covenants that mandate the equity ratio to exceed the agreed level and the interest - bearing net debt/EBITDA to remain below the agreed threshold. The Group is clearly compliant with the financial covenan ts, and they are reviewed on a quarterly basis. The net cash flow from operating activities for January – September was EUR 10.0 ( 41.4 ) million. Continued o rganic turnover growth increase d working capital requirements and had a negative impact on cash flow. The net cash flow from investing activities was EUR - 95.2 ( - 10.2 ) million, including EUR 8 3.0 million cash flow effect related to the acquisition of MB Elettronica. Free cash flow including acquisitions was EUR -85.2 (31.2) million. The cash flow from financing activities for January–September was EUR 34.8 (-22.3) million, including EUR 45.0 (0.0) million proceeds from long-term loans, EUR -28.8 (-5.0) million in repayments of long-term loans, payments of the leasing liabilities EUR -5.8 ( -4.6) million and change of the overdraft facility EUR 38.4 (1.8) million. Gross investments in January–September totaled EUR 91.7 (10.2) million, which was 12.4% (1.7%) of the turnover. Depreciation and amortization totaled EUR 22.8 (17.7 ) million. The gross investments include EUR 8 5.9 million related to the acquisition of MB Elettronica that was completed on 22 January 2026. Additional information is provided in Note 5. DECISIONS FROM THE ANNUAL GENERAL MEETING AND BOARD OF DIRECTORS’ AUTHORIZATION The Annual General Meeting held on April 2 4 , 202 6 , authorized the Board of Directors to decide on the acquisition of the company’s own shares and to decide on share issue, granting shares and issuing special rights entitling to shares. The decisions of the Annual General Meeting and the minutes are available on the company’s website at www.scanfil.com/agm . OWN SHARES On September 30, 2026, the company owned 38,738 of its own shares, representing 0.1% of all shares. During January–September, a total of 330,250 stock options were subscribed. By 9 January 2026, a total of 66,000 Scanfil Plc’s new shares has been subscribed for with the company’s stock options 2019C and 2022AI. The entire subscription price of EUR 478,920.00 was credited to the reserve for the company’s invested unrestricted equ ity. The shares have been registered in the Trade Register on 12 February 2026. By 12 March 2026, a total of 50,000 Scanfil Plc’s new shares has been subscribed for with the company’s stock options 2019C and the entire subscription price of EUR 368,500.00 was credited to the reserve for the company’s invested unrestricted equity. The shares have been registered in the Trade Register on 8 April 2026. 21.8 7.4 4.1 -5 0 5 10 15 20 25 Q3/24 Q3/25 Q3/26 NET CASH FLOW FROM OPERATIONS, EUR million
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6 / 26 By 15 May 2026, a total of 143,000 Scanfil Plc’s new shares has been subscribed for with the company’s stock options 2022AI, 2022BI and 2022BII and the entire subscription price of EUR 1,008,670.00 was credited to the reserve for the company’s invested unrestricted equity. The shares have been registered in the Trade Register on 8 June 2026. By 11 June 2026, a total of 3 , 000 Scanfil Plc’s new shares has been subscribed for with the company’s stock options 2022BI and the entire subscription price of EUR 23,430.00 was credited to the reserve for the company’s invested unrestricted equity . The shares have been registered in the Trade Register on 17 July 2026 . By 26 August 2026, a total of 68,250 Scanfil plc’s new shares has been subscribed for with the company’s stock options 2022AI and 2022BI and the entire subscription price of EUR 510,640.00 was credited to the reserve for the company’s invested unrestricted equity. The shares have been registered in the Trade Register on 7 September 2026. SHARE TRADING AND SHARE PERFORMANCE On September 30, 2026, the number of Scanfil shares was 65,806,743 and the market value was EUR 855.5 million. The highest trading price during January–September was EUR 1 3.76 and the lowest was EUR 9.80, with the closing price for the period standing at EUR 13.00 and the volume weighted average price at EUR 12.01. PERSONNEL At the end of the period, the Group employed 4,719 (4,075) employees. The change was driven by th e acquisition of ADCO and MB Elettronica. The number of personnel by reporting segment was Americas 429 (212), APAC 1,044 (947), Central Europe 1,991 (1,592), Northern Europe 1,159 (1,228), and Group 96 (96). CHANGES IN GROUP STRUCTURE Scanfil acquired MB Elettronica on 22 January 2026. 9% 22% 42% 25% 2% Americas APAC Central Europe Northern Europe Group
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7 / 26 REPORTING SEGMENTS AMERICAS Operational highlights in Q 3 2026: • Strong contribution from A DCO • Good momentum in Aerospace & Defense and Energy & Cleantech • Solid profitability level reaching 8.7% In July–September, turnover increased organically by 5.4%. Reported turnover increased by 73.9% to EUR 22.1 (12.7) million. ADCO Circuits’ impact on turnover growth was EUR 8.5 million . Aerospace & Defense customer group increased by EUR 3.5 million, Energy & Cleantech by EUR 3.3 million, Industrial by EUR 2.1 million and Medtech & Life Science by EUR 0.5 million. Comparable EBITA was EUR 1.9 (1.0) million, corresponding to a margin of 8. 7% (8.1%). In January – September , turnover increased by 64.6% to EUR 59.6 (36.2) million. Turnover increased organically by 8.9%. Comparable EBITA was EUR 4.7 (2.7) million, corresponding to a margin of 7.8% (7.5%). 9.7 10.8 11.7 11.8 12.7 13.9 17.7 19.8 22.1 8.5 10.5 7.3 7.2 8.1 4.6 6.2 8.3 8.7 0 2 4 6 8 10 12 0 5 10 15 20 25 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Turnover, EUR million Comparable EBITA, % 7 - 9 2026 7 - 9 2025 Change % Organic growth % 1- 9 2026 1 - 9 2025 Change % Organic growth % 1 - 12 2025 Turnover, EUR million 22.1 12.7 73.9 5.4 59.6 36.2 64.6 8.9 50.1 EBITA, EUR million 1.9 0.9 110.8 4.6 2.3 97.2 2.4 EBITA, % 8.7 7.2 7.7 6.4 4.8 Comparable EBITA, EUR million 1.9 1.0 86.4 4.7 2.7 70.6 3.4 Comparable EBITA, % 8.7 8.1 7.8 7.5 6.7 Purchase price allocation amortization, EUR million -0.1 0.0 -0.3 0.0 0.0 Items affecting comparability, EUR million 0.0 -0.1 -0.1 -0.4 -1.0 Operating profit (EBIT), EUR million 1.8 0.9 99.6 4.3 2.3 84.1 2.4 Operating profit (EBIT), % 8.2 7.2 7.2 6.4 4.7 Personnel at the end of period 429 212 102.4 429 212 102.4 333
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8 / 26 APA C Operational highlights in Q 3 2026: • S trong demand for APAC operations continues • Good organic growth was driven by Energy & Cleantech and Medtech & Life Science In July – September , turnover increased organically by 16.6%. Reported turnover increased by 25.9% to EUR 67.7 (53.8) million with a positive foreign exchange rate impact of 9.3 %. Energy & Cleantech customer group increased by EUR 6.0 million, Industrial by EUR 3.6 million and Medtech & Life Science by EUR 4.3 million. Comparable EBITA was EUR 4.1 (4.2) million, corresponding to a margin of 6.1% (7.9%). Profitability was temporarily affected by costs related to the implementation of new product introductions and lower activity levels at the SRX factories . In January – September , turnover increased by 12.1% to EUR 185.5 (165.5) million. Turnover increased organically by 9.5%. Comparable EBITA was EUR 13.5 (12.9) million, corresponding to a margin of 7.3% (7.8%). 42.7 61.1 52.2 59.5 53.8 51.9 55.0 62.7 67.7 8.4 6.0 6.9 8.6 7.9 8.7 7.4 8.5 6.1 0 1 2 3 4 5 6 7 8 9 10 0 10 20 30 40 50 60 70 80 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Turnover, EUR million Comparable EBITA, % 7 - 9 2026 7 - 9 2025 Change % Organic growth % 1- 9 2026 1 - 9 2025 Change % Organic growth % 1 - 12 2025 Turnover, EUR million 67.7 53.8 25.9 16.6 185.5 165.5 12.1 9.5 217.4 EBITA, EUR million 4.1 4.2 -2.9 13.5 12.9 4.7 17.4 EBITA, % 6.1 7.9 7.3 7.8 8.0 Comparable EBITA, EUR million 4.1 4.2 -2.9 13.5 12.9 4.7 17.4 Comparable EBITA, % 6.1 7.9 7.3 7.8 8.0 Purchase price allocation amortization, EUR million -0.3 -0.3 -0.9 -0.8 -1.1 Items affecting comparability, EUR million 0.0 0.0 0.0 0.0 0.0 Operating profit (EBIT), EUR million 3.8 4.0 -3.8 12.6 12.1 4.6 16.3 Operating profit (EBIT), % 5.6 7.3 6.8 7.3 7.5 Personnel at the end of period 1044 947 10.2 1044 947 10.2 980
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9 / 26 CENTRAL EUROP E Operational highlights in Q3 2026: • Restructuring of Wutha operations, new customer projects in Poland and MB Elettronica's strong contribution had a positive e ffect on turnover and EBITA • Expansion of the Myslowice plant in Poland following strong new customer wins. The expanded facilities are expected to be operational in Q1 2028 In July – September, turnover increased organically by 8.2%. Reported turnover increased by 56.9% to EUR 99.5 (63.4) million. MB Elettronica’s impact on turnover growth was EUR 3 1.8 million. Aerospace & Defense customer group increased by EUR 14.0 million, Energy & Cleantech by EUR 1.6 million, Industrial by EUR 17.7 million and Medtech & Life Science by EUR 2.8 million. Comparable EBITA was EUR 7.7 (4.1) million, corresponding to a margin of 7.8% (6.5%). In January – September , turnover increased by 49.7% to EUR 300.0 (200.3) million. Turnover increased organically by 5.2%. Comparable EBITA was EUR 23.0 (14.2) million, corresponding to a margin of 7.7% (7.1%). 65.4 77.2 69.5 67.5 63.4 75.5 92.2 108.3 99.5 7.1 9.4 7.5 7.3 6.5 9.0 7.4 7.8 7.8 0 2 4 6 8 10 0 20 40 60 80 100 120 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Turnover, EUR million Comparable EBITA, % 7 - 9 2026 7 - 9 2025 Change % Organic growth % 1- 9 2026 1 - 9 2025 Change % Organic growth % 1 - 12 2025 Turnover, EUR million 99.5 63.4 56.9 8.2 300.0 200.3 49.7 5.2 275.9 EBITA, EUR million 8.3 3.3 152.7 23.0 13.4 71.7 12.4 EBITA, % 8.3 5.2 7.7 6.7 4.5 Comparable EBITA, EUR million 7.7 4.1 89.1 23.0 14.2 61.9 21.0 Comparable EBITA, % 7.8 6.5 7.7 7.1 7.6 Purchase price allocation amortization, EUR million -0.7 -0.1 -1.8 -0.7 -0.8 Items affecting comparability, EUR million 0.5 -0.8 0.0 -0.8 -8.5 Operating profit (EBIT), EUR million 7.6 3.2 139.9 21.2 12.7 66.8 11.7 Operating profit (EBIT), % 7.7 5.0 7.1 6.3 4.2 Personnel at the end of period 1991 1592 25.1 1991 1592 25.1 1581
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10 / 26 NORTHERN EUROPE Operational highlights in Q 3 2026: • Turnover and EBITA development w ere stable • Strong performance in the Aerospace & Defense customer group In July – September , turnover increased organically by 1.8%. Reported turnover increased by 1.9% to EUR 64.3 (63.1) million. Aerospace & Defense customer group increased by EUR 4.3 million, Energy & Cleantech decreased by EUR 1.3 million, Industrial decreased by EUR 2.0 million and Medtech & Life Science increased by EUR 0.2 million. Comparable EBITA was EUR 4.3 (5.4) million, c orresponding to a margin of 6.7% (8.6%). In January – September , turnover increased by 5.3% to EUR 199.3 (189.3) million. Turnover increased organically by 4.3%. Comparable EBITA was EUR 13.4 (12.2) million, corresponding to a margin of 6.7% (6.5%). 56.5 64.7 60.6 65.6 63.1 70.9 65.5 69.5 64.3 6.5 6.1 5.0 5.7 8.6 6.7 6.8 6.7 6.7 0 2 4 6 8 10 0 10 20 30 40 50 60 70 80 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Turnover, EUR million Comparable EBITA, % 7 - 9 2026 7 - 9 2025 Change % Organic growth % 1- 9 2026 1 - 9 2025 Change % Organic growth % 1 - 12 2025 Turnover, EUR million 64.3 63.1 1.9 1.8 199.3 189.3 5.3 4.3 260.2 EBITA, EUR million 4.3 5.4 -20.6 13.4 12.2 9.9 17.0 EBITA, % 6.7 8.6 6.7 6.5 6.5 Comparable EBITA, EUR million 4.3 5.4 -20.6 13.4 12.2 9.9 17.0 Comparable EBITA, % 6.7 8.6 6.7 6.5 6.5 Purchase price allocation amortization, EUR million 0.0 0.0 0.0 -0.2 -0.2 Items affecting comparability, EUR million 0.0 0.0 0.0 0.0 0.0 Operating profit (EBIT), EUR million 4.3 5.4 -20.5 13.4 12.0 11.6 16.8 Operating profit (EBIT), % 6.7 8.6 6.7 6.3 6.4 Personnel at the end of period 1159 1228 -5.6 1159 1228 -5.6 1205
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11 / 26 TURNOVER BY CUSTOMER GROUP In January – September , the largest customer accounted for about 1 1 % (1 4 %) of turnover and the top ten customers accounted for about 5 3 % (5 9 %) of turnover. Aerospace & Defense Turnover in July – September increased by 232.2% to EUR 30.9 (9.3) million. Very strong inorganic and organic performance. New w on customer projects were EUR 0.3 ( 0.0 ) million , increased by 655.6% year - over - year. In January – September, turnover increased by 184.1% to EUR 80.1 (28.2) million. New w on customer projects were EUR 3.7 ( 0.2 ) million , increased by 1,912.4% year - over - year. Energy & Cleantech Turnover in July – September increased by 14.7% to EUR 79.0 (68.8) million. Organic growth made a very strong contribution to turnover growth . New won customer projects were EUR 25.9 ( 18.4 ) million, increased by 40.5 % year - over - year. In January – September , turnover increased by 18.4% to EUR 230.3 (194.6) million. New won customer projects were EUR 91.2 ( 55.3 ) million, increased by 64.8 % year - over - year. Industrial Turnover in July – September increased by 28.9% to EUR 95.5 (74.1) million. New won customer projects were EUR 11.2 ( 38.6 ) million , decreased by 71.1 % year - over - year. In January – September , turnover increased by 18.6% to EUR 291.6 (245.9) million. New won customer projects were EUR 40.4 ( 78.6 ) million, decreased by 48.7 % year - over - year. Medtech & Life Science Turnover in July – September increased by 19.8% to EUR 46.8 (39.1) million. New won customer projects were EUR 11.0 ( 15.3 ) million, de creased by 28.0 % year - over - year. I n January – September , turnover increased by 17.6% to EUR 138.1 (117.4) million. New won customer projects were EUR 37.0 ( 26.4 ) million, increased by 40.2 % year - over - year. OPERATIONAL RISKS AND UNCERTAINTIES Currently recognized risks are strategic risks such as uncertainties in the global economy and risks in the political environment which might prevent the company from achieving its financial targets. Other recognized risks are related to inflation, interest rates, material prices and availability, exchange rates and cyber security. The geopolitical environment remains unstable. Ongoing military conflicts in the Middle East may have an adverse impact on inflation, energy costs, material availability, logistics costs, and transportation lead times. Furthermore, if the conflict between Russia and Ukraine escalates further , it might impact Scanfil and the business environment of its customers. Trade restrictions such as tariffs might impact international trade, end customer demand and material availability. As part of its ordinary course of business, Scanfil is or may become involved in claims or disputes that are or may lead to arbitration, litigation, or other dispute resolution proceedings. If the G roup estimates that the outcome of the proceedings has a potential financial impact, it is reflected in the accounting. The negative development of the global economy may have an impact on Scanfil’s turnover and profitability in the short to m edium term. It may also have an impact on companies’ financing and therefore increase the risk of credit losses. Management has assessed the potential impacts of ongoing geopolitical developments, including regional conflicts and trade restrictions. Based on this assessment, the effects on the Group’s operations, financial position and key estimates are considered li mited and not material for the reporting period. Overall inflation also influences the company’s cost structure. The changes in foreign exchange rates are a risk to profitability. Scanfil mitigates the risk by using foreign exchange forward contracts. Mergers and acquisitions have risks e.g. related to acquisition price, integration and future profitability of the acquired company. Cybersecurity is recognized as an increasing risk. Scanfil is continuously monitoring and developing its ICT environment and systems to mitigate the risk. The company’s risks and risk management are described on the company’s website under Corporate Governance and in the Sustainability Report and notes to the Consolidated Financial Stateme nts . 11 % 31 % 39 % 19 % 1-9 /2026 Aerospace & Defense Energy & Cleantech Industrial Medtech & Life Science
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12 / 26 KEY INDICATORS 1 - 9 1 - 9 1 - 12 2026 2025 2025 Return on equity, % 13.3 12.7 13.5 Return on investment, % 15.1 14.4 14.6 Interest-bearing liabilities, EUR million 166.5 66.4 84.2 Net Gearing, % 42.2 3.5 3.0 Equity ratio, % 41.3 55.0 53.9 Gross investments, EUR million 91.7 10.2 32.8 % of net turnover 12.4 1.7 4.1 Employees, at the end of period 4,719 4,075 4,199 Earnings per share, EUR 0.49 0.43 0.63 Shareholders´ equity per share, EUR 5.08 4.55 4.80 Number of shares at the end of period, 000´s - not counting own shares 65,768 65,380 65,438 - weighted average 65,592 65,286 65,314 Owing to the nature of the sector, the company´s order book covers only a short period of time and does not give an accurate picture of future development. KEY INDICATORS QUARTERLY Q3/26 Q2/26 Q1/26 Q4/25 Q3/25 Q2/25 Q1/25 Q4/24 Q3/24 Turnover, EUR million 252.2 259.0 229.1 211.0 191.3 202.2 192.6 212.3 173.3 Comparable EBITA, EUR million 17.8 18.6 15.6 15.5 14.1 14.2 12.6 15.5 12.8 Comparable EBITA, % 7.1 7.2 6.8 7.3 7.4 7.0 6.5 7.3 7.4 Operating profit (EBIT), EUR million 17.1 17.2 14.2 16.6 12.6 13.3 11.9 13.8 12.1 Operating profit (EBIT), % 6.8 6.6 6.2 7.8 6.6 6.6 6.2 6.5 7.0 Net profit, EUR million 11.6 11.0 9.8 12.9 9.2 10.4 8.3 9.2 8.7
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13 / 26 CALCULATION OF KEY INDICATORS Return on equity, % Net profit for the period* x 100 Shareholders’ equity (average) Return on investment, % (Profit before taxes + interest and other financial expenses)* x 100 Balance sheet total - non-interest-bearing liabilities (average) Net gearing (%) (Interest-bearing liabilities - cash and other liquid financial assets) x 100 Shareholders’ equity Equity ratio (%) Shareholders’ equity x 100 Balance sheet total - advance payments received Net debt Interest-bearing liabilities + lease liabilities - cash and cash equivalents EBITDA Operating Profit + Depreciation and amortization EBITA Operating profit + Amortization and impairment of Purchase Price Allocations Comparable EBITA Operating profit + Amortization and impairment of Purchase Price Allocations + Transaction and integration costs + other items affecting comparability Earnings per share Net profit for the period Average adjusted number of shares during the year Shareholders’ equity per share Shareholders’ equity Adjusted number of shares at the end of the financial period Dividend per share Dividend to be distributed for the period (Board’s proposal) Number of shares at the end of year Dividend per earnings (%) Dividend per share x 100 Earnings per share Effective dividend yield (%) Dividend per share x 100 Share price at the end of year Price-to-earnings ratio (P/E) Share price at the end of year Earnings per share Average share price Total share turnover Number of shares traded Market capitalisation Number of shares x last trading price of the financial period Item affecting comparability A non-recurring significant item that deviates from normal business operations, which affects the comparability between different periods Organic growth Turnover growth in comparable exchange rates, excluding the impact of acquisitions and divestments and non-recurring turnover items. * Year-to-date annualized
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14 / 26 CONDENSED CONSOLIDATED INCOME STATEMENT 7 - 9 7 - 9 1 - 9 1 - 9 1 - 12 2026 2025 2026 2025 2025 EUR million Note Turnover 1,2 252.2 191.3 740.2 586.1 797.1 Other operating income 0.6 0.1 1.8 0.3 10.4 Changes in inventories of finished goods and work in progress 0.0 -0.1 3.2 0.1 0.2 Expenses -227.9 -173.1 -673.9 -531.1 -729.7 Depreciation and amortization -7.8 -5.7 -22.8 -17.7 -23.6 Operating profit (EBIT) 17.1 12.6 48.5 37.8 54.3 Financial income and expenses -1.6 -0.6 -4.7 -1.6 -3.2 Profit before taxes 15.4 12.0 43.7 36.2 51.2 Income taxes -3.8 -2.8 -11.4 -8.2 -10.3 Net profit for the period 11.6 9.2 32.4 28.0 40.9 Attributable to: Shareholders of the parent company 11.6 9.2 32.4 28.0 40.9 Earnings per share for profit attributable to shareholders of the parent: undiluted (EUR) 0.18 0.14 0.49 0.43 0.63 diluted ( EUR) 0.18 0.14 0.49 0.43 0.62 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 7 - 9 7 - 9 1 - 9 1 - 9 1 - 12 2026 2025 2026 2025 2025 EUR million Net profit for the period 11.6 9.2 32.4 28.0 40.9 Items that may later be recognized in profit or loss Translation differences -0.9 0.1 0.0 -7.1 -3.7 Cash flow hedges 0.4 0.0 0.8 0.0 0.0 Other comprehensive income, net of tax -0.5 0.1 0.8 -7.2 -3.7 Total Comprehensive Income 11.1 9.3 33.2 20.8 37.1 Attributable to: Shareholders of the parent company 11.1 9.3 33.2 20.8 37.1
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15 / 26 CONSOLIDATED STATEMENT OF FINANCIAL POSITION EUR million Note 30.9.2026 30.9.2025 31.12.2025 Assets Non-current assets Property, plant and equipment 3 76.5 65.9 67.8 Right-of-use asset 3 29.5 27.3 28.9 Goodwill 4 92.1 28.1 36.3 Other intangible assets 43.3 17.0 20.6 Available-for-sale investments 0.7 0.5 0.5 Deferred tax assets 9.6 7.7 8.2 Total non-current assets 251.7 146.6 162.3 Current assets Inventories 259.1 167.0 176.5 Trade and other receivables 279.6 176.3 175.6 Advance payments 2.1 1.0 0.6 Current tax 4.9 4.4 4.9 Cash and cash equivalents 25.4 56.0 74.7 Total current assets 571.0 404.8 432.2 Total assets 822.7 551.3 594.5 30.9.2026 30.9.2025 31.12.2025 Shareholder's equity and liabilities Equity attributable to equity holders of the parent Share capital 2.0 2.0 2.0 Reserve for invested unrestricted equity fund 37.1 34.3 34.7 Fair value reserve 0.7 -0.1 -0.1 Other reserves 2.6 2.6 2.6 Translation differences -6.2 -9.6 -6.2 Retained earnings 297.8 268.4 281.4 Total equity 334.0 297.6 314.5 Non-current liabilities Deferred tax liabilities 13.8 7.1 8.6 Provisions 6.7 1.8 1.9 Interest bearing liabilities 54.1 15.0 22.5 Lease liability 22.5 22.2 23.0 Non-interest bearing liabilities 3.9 0.0 3.8 Total non-current liabilities 101.0 46.1 59.8 Current liabilities Trade and other liabilities 257.8 164.4 174.9 Current tax 5.8 4.4 4.5 Provisions 1.0 0.5 0.4 Interest bearing liabilities 81.9 23.4 32.0 Lease liability 7.9 5.8 6.7 Non-interest bearing liabilities 33.2 9.1 1.7 Total current liabilities 387.6 207.6 220.2 Total liabilities 488.7 253.7 280.0 Total shareholder's equity and liabilities 822.7 551.3 594.5
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16 / 26 STATEMENT OF CHANGES IN CONSOLIDATED EQUITY Equity attributable to equity holders of the parent company Reserve for invested Fair EUR million Share unrestricted value Reserve Translation Retained Equity Equity capital equity fund reserve fund differences earnings total 1.1.2026 2.0 34.7 -0.1 2.6 -6.2 281.4 314.5 Total comprehensive income 0.8 0.0 32.4 33.2 Option scheme 0.4 0.4 Share options exercised 2.4 2.4 Paid dividend -16.4 -16.4 Equity 30.9.2026 2.0 37.1 0.7 2.6 -6.2 297.8 334.0 Equity attributable to equity holders of the parent company Reserve for invested Fair EUR million Share unrestricted value Reserve Translation Retained Equity Equity capital equity fund reserve fund differences earnings total 1.1.2025 2.0 33.3 0.0 2.6 -2.5 255.6 291.0 Total comprehensive income 0.0 -7.1 28.0 20.8 Option scheme 0.3 0.3 Share options exercised 1.0 0.2 1.2 Paid dividend -15.7 -15.7 Equity 30.9.2025 2.0 34.3 -0.1 2.6 -9.6 268.4 297.6
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17 / 26 CONDENSED CONSOLIDATED CASH FLOW STATEMENT 1.1.-30.9.2026 1.1.-30.9.2025 1.1.-31.12.2025 EUR million Cash flow from operating activities Net profit 32.4 28.0 40.9 Adjustments for the net profit 36.1 26.6 27.2 Change in net working capital -44.6 -2.3 10.5 Paid interests and other financial expenses -5.1 -2.3 -3.5 Received interest and other financial income 0.4 0.8 1.0 Taxes paid -9.2 -9.4 -12.1 Net cash from operating activities 10.0 41.4 64.1 Cash flow from investing activities Acquisition of Group companies, net of cash -83.0 -12.9 Investments in tangible and intangible assets -12.3 -10.2 -14.3 Sale of tangible and intangible assets 0.0 0.0 0.0 Net cash from investing activities -95.2 -10.2 -27.2 Cash flow from financing activities Share subscriptions based on stock options 2.4 1.2 1.6 Repayment of long-term loans -28.8 -5.0 -10.0 Proceeds from long-term loans 45.0 25.0 Repayment of short-term loans -4.3 Proceeds from short-term loans 38.4 1.8 Repayment of lease liabilities -5.8 -4.6 -6.2 Dividends paid -16.4 -15.7 -15.7 Net cash from financing activities 34.8 -22.3 -9.6 Net increase/decrease in cash and cash equivalents -50.4 8.8 27.3 Cash and cash equivalents at beginning of period 74.7 48.5 48.5 Changes in exchange rates 1.2 -1.4 -1.2 Cash and cash equivalents at end of period 25.4 56.0 74.7
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18 / 26 RECONCILIATION OF COMPARABLE EBITA AND OPERATING PROFIT (EBIT) 7 - 9 7 - 9 1 - 9 1 - 9 1 - 12 2026 2025 2026 2025 2025 EUR million Comparable EBITA 17.8 14.1 52.0 40.9 56.4 Purchase price allocation amortization -1.1 -0.4 -3.0 -1.7 -2.1 Comparable Operating profit (EBIT) 16.7 13.7 49.0 39.2 54.2 Items affecting comparability Write-off of contingent consideration 9.9 Impairment and write-downs 0.9 0.9 -5.5 Restructuring costs -1.8 Transaction and integration costs -0.5 -0.9 -1.1 -1.2 -2.3 Other costs -0.2 -0.3 -0.2 -0.2 Items affecting comparability, total 0.3 -1.1 -0.5 -1.4 0.1 Operating profit (EBIT) 17.1 12.6 48.5 37.8 54.3 January – September 2026 Transaction and integration costs relate to the acquisitions of ADCO Circuits LLC and MB Elettronica.
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19 / 26 Notes to the Interim Report ACCOUNTING PRINCIPLES The Group's Interim Report has been prepared in compliance with the IAS 34 Interim Financial Reporting standard. The report complies with the accounting principles as in the consolidated financial statements for 2025. All individual figures and totals presented in tables have been r ounded, due to which the total sum of individual figures may differ from the sum presented. The key figures have been calculated using precise values. This report is unaudited. In its meeting held on 22 October , 2026, the Board of Directors of Scanfil plc approved this Interim Report for publication. 1. SEGMENT INFORMATION Americas APAC Central Europe Northern Europe Group and eliminations Total 1-9 2026 1-9 2026 1-9 2026 1-9 2026 1-9 2026 1-9 2026 Turnover, EUR million 59.6 185.5 300.0 199.3 -4.2 740.2 Of which: Organic growth 8.9 % 9.5 % 5.2 % 4.3 % 6.6 % Acquisitions 59.7 % 0.0 % 45.2 % 0.0 % 19.1 % Exchange rate effects -4.0 % 2.6 % -0.7 % 1.0 % 0.6 % Non-recurring items 0.0 % 0.0 % 0.0 % 0.0 % 0.0 % Americas APAC Central Europe Northern Europe Group and eliminations Total 1-12 2025 1-12 2025 1-12 2025 1-12 2025 1-12 2025 1-12 2025 Turnover, EUR million 50.1 217.4 275.9 260.2 -6.5 797.1 Of which: Organic growth 31.8 % 10.3 % -7.5 % -0.4 % 1.2 % Acquisitions 5.4 % 13.1 % 0.0 % 0.0 % 3.4 % Exchange rate effects -5.5 % -5.3 % 1.2 % 1.5 % -0.6 % Non-recurring items 0.0 % -3.2 % -2.8 % 0.0 % -1.9 %
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20 / 26 1 - 9 2026 1 - 9 2025 1 - 12 2025 Turnover EUR million % of total EUR million % of total EUR million % of total Americas 59.6 8 36.2 6 50.1 6 APAC 185.5 25 165.5 28 217.4 27 Central Europe 300.0 41 200.3 34 275.9 35 Northern Europe 199.3 27 189.3 32 260.2 33 Internal sales -4.2 -5.3 -6.5 Total 740.2 100 586.1 100 797.1 100 1 - 9 2026 1 - 9 2025 1 - 12 2025 Comparable EBITA EUR million EBITA % EUR million EBITA % EUR million EBITA % Americas 4.7 7.8 2.7 7.5 3.4 6.7 APAC 13.5 7.3 12.9 7.8 17.4 8.0 Central Europe 23.0 7.7 14.2 7.1 21.0 7.6 Northern Europe 13.4 6.7 12.2 6.5 17.0 6.5 Group costs and eliminations -2.6 -1.2 -2.4 Total 52.0 7.0 40.9 7.0 56.4 7.1 1 - 9 2026 1 - 9 2025 1 - 12 2025 Comparable Operating profit (EBIT) EUR million EBIT % EUR million EBIT % EUR million EBIT % Americas 4.3 7.3 2.7 7.5 3.3 6.6 APAC 12.6 6.8 12.1 7.3 16.3 7.5 Central Europe 21.2 7.1 13.5 6.7 20.2 7.3 Northern Europe 13.4 6.7 12.0 6.3 16.8 6.4 Group costs and eliminations -2.6 -1.2 -2.4 Total 49.0 6.6 39.2 6.7 54.2 6.8 1 - 9 2026 1 - 9 2025 1 - 12 2025 Operating profit (EBIT) EUR million EBIT % EUR million EBIT % EUR million EBIT % Americas 4.3 7.2 2.3 6.4 2.4 4.7 APAC 12.6 6.8 12.1 7.3 16.3 7.5 Central Europe 21.2 7.1 12.7 6.3 11.7 4.2 Northern Europe 13.4 6.7 12.0 6.3 16.8 6.4 Group costs and eliminations -3.0 -1.4 7.2 Total 48.5 6.5 37.8 6.4 54.3 6.8 30.9.2026 30.9.2025 31.12.2025 Reporting segment assets EUR million % of total EUR million % of total EUR million % of total Americas 67.7 8 31.2 6 59.8 10 APAC 207.9 25 161.0 29 172.6 29 Central Europe 374.4 46 189.2 34 183.3 31 Northern Europe 136.4 17 128.6 23 123.0 21 Unallocated items 36.3 4 41.4 8 55.9 9 Total 822.7 100 551.3 100 594.5 100 30.9.2026 30.9.2025 31.12.2025 Reporting segment liabilities EUR million % of total EUR million % of total EUR million % of total Americas 27.2 6 9.6 4 20.4 7 APAC 109.7 22 78.3 31 87.0 31 Central Europe 181.8 37 66.8 26 66.5 24 Northern Europe 57.3 12 53.6 21 50.7 18 Unallocated items 112.7 23 45.4 18 55.5 20 Total 488.7 100 253.7 100 280.0 100 Personnel at the end of period 30.9.2026 % of total 30.9.2025 % of total 31.12.2025 % of total Americas 429 9 212 5 333 8 APAC 1044 22 947 23 980 23 Central Europe 1991 42 1592 39 1 581 38 Northern Europe 1159 25 1228 30 1 205 29 Group 96 2 96 2 100 2 Total 4719 100 4075 100 4 199 100
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21 / 26 REPORTING SEGMENTS, QUARTERLY Turnover, EUR million Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Americas 22.1 19.8 17.7 13.9 12.7 11.8 11.7 10.8 APAC 67.7 62.7 55.0 51.9 53.8 59.5 52.2 61.1 Central Europe 99.5 108.3 92.2 75.5 63.4 67.5 69.5 77.2 Northern Europe 64.3 69.5 65.5 70.9 63.1 65.6 60.6 64.7 Internal sales -1.4 -1.4 -1.4 -1.2 -1.7 -2.2 -1.4 -1.5 Total 252.2 259.0 229.1 211.0 191.3 202.2 192.6 212.3 Comparable EBITA, EUR million Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Americas 1.9 1.6 1.1 0.6 1.0 0.8 0.8 1.1 APAC 4.1 5.3 4.1 4.5 4.2 5.1 3.6 3.7 Central Europe 7.7 8.4 6.8 6.8 4.1 4.9 5.2 7.3 Northern Europe 4.3 4.7 4.4 4.7 5.4 3.7 3.1 3.9 Group costs and eliminations -0.3 -1.5 -0.8 -1.2 -0.7 -0.4 -0.1 -0.6 Total 17.8 18.6 15.6 15.5 14.1 14.2 12.6 15.5 Comparable EBITA, % Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Americas 8.7 8.3 6.2 4.6 8.1 7.2 7.3 10.5 APAC 6.1 8.5 7.4 8.7 7.9 8.6 6.9 6.0 Central Europe 7.8 7.8 7.4 9.0 6.5 7.3 7.5 9.4 Northern Europe 6.7 6.7 6.8 6.7 8.6 5.7 5.0 6.1 Group EBITA % total 7.1 7.2 6.8 7.3 7.4 7.0 6.5 7.3 Operating profit (EBIT), EUR million Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Americas 1.8 1.5 0.9 0.0 0.9 0.6 0.8 1.1 APAC 3.8 5.0 3.8 4.2 4.0 4.8 3.3 3.2 Central Europe 7.6 7.7 5.9 -1.0 3.2 4.6 4.9 6.2 Northern Europe 4.3 4.7 4.4 4.7 5.4 3.6 3.0 3.8 Group costs and eliminations -0.5 -1.7 -0.8 8.6 -0.9 -0.4 -0.1 -0.6 Total 17.1 17.2 14.2 16.6 12.6 13.3 11.9 13.8 Operating profit (EBIT), % Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Americas 8.2 7.6 5.3 0.2 7.2 4.7 7.3 10.5 APAC 5.6 8.0 6.9 8.1 7.3 8.1 6.3 5.2 Central Europe 7.7 7.1 6.4 1.4- 5.0 6.8 7.1 8.1 Northern Europe 6.7 6.7 6.8 6.7 8.6 5.5 4.9 5.9 Group EBIT % total 6.8 6.6 6.2 7.8 6.6 6.6 6.2 6.5 Personnel at the end of period 30.9.2026 30.6.2026 31.3.2026 31.12.2025 30.9.2025 30.6.2025 31.3.2025 31.12.2024 Americas 429 320 328 333 212 209 188 180 APAC 1 044 997 982 980 947 932 882 875 Central Europe 1 991 2 007 2 000 1 581 1 592 1 616 1 632 1 669 Northern Europe 1 159 1 216 1 169 1 205 1 228 1 246 1 181 1 184 Group 96 100 101 100 96 94 93 89 Total 4 719 4 640 4 580 4 199 4 075 4 097 3 976 3 997
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22 / 26 2. DISAGGREGATION OF REVENUES 7 - 9 7 - 9 2026 2025 EUR million Goods Services Total Goods Services Total Reporting Segments Americas 19.0 3.1 22.1 9.3 3.4 12.7 APAC 67.6 0.1 67.7 53.7 0.1 53.8 Central Europe 98.3 1.2 99.5 62.5 0.8 63.4 Northern Europe 60.0 4.3 64.3 58.1 4.9 63.1 Internal sales -1.4 0.0 -1.4 -1.7 -1.7 Total 243.5 8.7 252.2 182.1 9.2 191.3 Timing of revenue recognition Goods and services transferred at a point of time 243.5 7.6 251.0 182.1 8.7 190.8 Services transferred over time 1.1 1.1 0.5 0.5 Total 243.5 8.7 252.2 182.1 9.2 191.3 1 - 9 1 - 9 2026 2025 EUR million Goods Services Total Goods Services Total Reporting Segments Americas 52.6 7.0 59.6 26.0 10.2 36.2 APAC 185.3 0.1 185.5 165.3 0.2 165.5 Central Europe 297.2 2.8 300.0 198.2 2.2 200.3 Northern Europe 192.0 7.3 199.3 171.7 17.6 189.3 Internal sales -4.2 -4.2 -5.3 0.0 -5.3 Total 723.0 17.2 740.2 555.9 30.2 586.1 Timing of revenue recognition Goods and services transferred at a point of time 723.0 15.1 738.1 555.9 28.2 584.1 Services transferred over time 2.1 2.1 2.0 2.0 Total 723.0 17.2 740.2 555.9 30.2 586.1
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23 / 26 3. CHANGES IN TANGIBLE NON - CURRENT ASSETS 1 - 9 1 - 9 1 - 12 2026 2025 2025 EUR million Book value at the beginning of the period 96.6 94.9 94.9 Additions 11.2 15.4 21.2 Acquisition of Group companies 14.2 3.0 Deductions 0.0 0.0 -0.8 Depreciations and decreases in value -18.3 -15.0 -20.2 Exchange rate differences 2.1 -2.1 -1.5 Book value at the end of the period 105.9 93.2 96.6 4. CHANGES IN GOODWILL 1 - 9 1 - 9 1 - 12 2026 2025 2025 EUR million Book value at the beginning of the period 36.3 29.1 29.1 Additions, ADCO Circuits LLC 7.9 Additions, MB Elettronica 54.2 Exchange rate differences 1.6 -1.0 -0.7 Book value at the end of the period 92.1 28.1 36.3 5. ACQUIRED BUSINESS The acquisition of Italian Electronics Manufacturing Company MB Elettronica (MB) was completed on 22 January 2026, and MB has been consolidated into Scanfil Group from the closing date onwards. This strategic acquisition accelerates Scanfil’s growth, especially in the Aerospace & Defense industry, which generated 40% of MB’s turnover in 2025. In addition, MB has a strong position in domestic Italian and Southern European markets, and within the Industrial and Medtech & Life Science customer gr oups. Further information is available in the stock exchange release published on 22 January 2026. The purchase price was EUR 85.9 million including contingent consideration (EUR 31.5 million), which will be paid based on MB’s financial performance and is expected to be paid in Q2 2027. As the acquisition analysis and purchase price allocation are still under review, the allocation is preliminary. Based on preliminary acquisition analyses, EUR 22.5 million was allocated to long-term customer relationships, where net deferred tax liabilities were EUR 5.4 million and EUR 54.2 million was recognized in unallocated goodwill. At the end of the reporting period, the Group’s other current assets included EUR 31.5 million of escrow funds related to the contingent consideration, which are expected to be released in Q2 2027.
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24 / 26 6. FINANCIAL ASSETS AND LIABILITIES, CARRYING AMOUNT AND FAIR VALUE The valuation of derivatives and financing loans are based on market data (level 2). The valuation of investments is based on the acquisition cost (level 3) as the fair value of the shares cannot be determined reliably. Level 3 items consist of unlisted shares, escrow funds related to the contingent consideration as well as the option liab ility, holdback liability and unpaid contingent consideration related to the acquisition of ADCO Circuits LLC and MB Elettronica. 30.9.2026 30.9.2026 Book values of Fair values of EUR million balance sheet values balance sheet values Non-current assets Investments 0.7 0.7 Non-current assets total 0.7 0.7 Current assets Trade receivables 222.3 222.3 Derivatives 1.6 1.6 Other current assets 31.5 31.5 Cash and cash equivalents 25.4 25.4 Current assets total 280.8 280.8 Total financial assets 281.6 281.6 Non-current financial liabilities Interest bearing liabilities from financial institutions 54.1 54.1 Lease liability 22.5 22.5 Non-interest bearing liabilities 3.9 3.9 Non-current financial liabilities total 80.5 80.5 Current financial liabilities Interest bearing liabilities from financial institutions 33.2 33.2 Loans withdrawn from the credit limit 48.7 48.7 Lease liability 7.9 7.9 Trade payables 196.1 196.1 Derivatives 1.2 1.2 Non-interest bearing liabilities 33.2 33.2 Current financial liabilities total 320.3 320.3 Total financial liabilities 400.8 400.8
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25 / 26 7. OPEN DERIVATIVE CONTRACTS 30.9.2026 30.9.2025 Fair net value Nominal value Fair net value Nominal value EUR million Interest rate swaps 0.7 52.5 -0.2 25.0 Forward exchange contracts, outside hedge accounting -0.7 135.3 0.1 164.9 8. CONTINGENT LIABILITIES 30.9.2026 30.9.2025 31.12.2025 EUR million Pledged guarantees 20.1 1.1 18.5 Scanfil plc has given an umbrella guarantee to HSBC Continental Europe of any obligations arising from a loan facility of USD 20 million between the subsidiaries SRXGROUP (Australia) Pty Ltd, SRX Global (Malaysia) Sdn. Bhd., Scanfil (Suzhou) Co., Ltd, SRX Global Singapore Pte Ltd and the HSBC Continental Europe. In addition to the above commitments, the following guarantees have been given: Scanfil plc has given guarantees to Nordea Bank Abp as security for payment of the liabilities which Scanfil Sweden AB has created from time to time towards Nordea Bank Abp on the basis of derivative contracts concluded, as well as to Skandinaviska Enskilda Banken AB replacing the previous liabilities of S canfil Sweden AB. The maximum liability to Skandinaviska Enskilda Banken AB is EUR 3.6 million. Scanfil plc has provided a guarantee to Nordea Bank Abp as security for the performance and payment of obligations under the derivative contracts concluded between Scanfil Electronics GmbH and Nordea Bank Abp. Scanfil plc has given a guarantee for the lease obligations of its subsidiary Scanfil Inc. Scanfil EMS Oy has given a guarantee to Nordea Bank AB Shanghai Branch of any obligations arising from a loan facility of CNY 180 million between the subsidiary Scanfil (Suzhou) Co., Ltd. and the Nordea Bank AB Shanghai Branch. Scanfil EMS Oy has given a guarantee of any obligations arising from the subsidiary's delivery contracts with its customers. The guarantee is limited to a maximum of EUR 7.5 million and seven years after the expiry of the last product agreement. Scanfil Sweden AB has given a guarantee to the lessor as security for the liabilities under the lease contract regarding the premises leased by the Polish subsidiary Scanfil Poland Sp. z o.o. Scanfil EMS Oy and Scanfil Sweden AB have provided guarantees to Nordea Bank Abp and Nordea Bank AB Shanghai Branch as security for the performance and payment of the obligations under the derivative master agreements entered into between the Group compani es Scanfil Oü, Scanfil Poland Sp. z o.o, Scanfil Åtvidaberg AB, Scanfil Malmö AB, Scanfil (Suzhou) Co., Ltd. and Nordea Bank Abp. On behalf of the Group companies may be given usual parent company guarantees from time to time as security for the fulfillment of their customer agreement obligations. EVENTS AFTER THE REVIEW PERIOD There were no significant events after the review period. SCANFIL PLC Christophe Sut, CEO Tel +46 721 51 75 02
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26 / 26 Scanfil plc is one of the biggest European electronics manufacturing services (EMS) companies. The company serves global sector leaders in Aerospace & Defense, Energy & Cleantech, Industrial, and Medtech & Life Science. The company’s services include desig n services, prototype manufacturing, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil’s objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long - term manufacturing partner internationally. Scanfil’s longest - standing customer account has continued for more than 5 0 years. The company has global supply capabilities and 16 production facilities across four continents. Not to be published or distributed, directly or indirectly, in any country where its distribution or publication is unlawful. Forward looking statements: certain statements in this stock exchange release may constitute "forward - looking" statements which in volve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Scanfil plc to be materially different from any future results, performance or achievements expressed or implied by such forward - l ooking statements. When used in this stock exchange release, such statements use such words as "may," "will," "expect," "anticipate," "project," "believe," "plan" and other similar terminology. New risk factors may arise from time to time, and it is not po ssible for management to predict all those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of Scanfil plc to be materially different from those contained in forward - looking sta tements. Given these risks and uncertainties, investors should not place undue reliance on forward - looking statements as a prediction of actual results. The forward - looking information contained in this stock exchange release is current only as of the date of this stock exchange release. There should not be an expectation that such information will in all circumstances be updated, supplemented or revised, except as provided by the law or obligatory regulations, whether as a result of new information, changing circumstances, future events or otherwise.