Page 1

BE BE GROUP INTERIM REPORT BE Group AB ( publ ) January - September 2026 Third quarter 2026 • Net sales increased by 13 % to SEK 974 M ( 859 ) • The underlying operating result increased to SEK 4 M ( -23 ) • The operating result increased to SEK 4 M ( -30 ) , including inventory gains of SEK 5 M ( 0 ) and items affecting comparability of SEK - 5 M ( -7 ) • Result after tax amounted to SEK 0 M ( -29 ) • Cash flow from operating activities amounted to SEK 24 M ( 48 ) First nine months 2026 • Net sales increased by 1 % to SEK 3,052 M ( 3,009 ) • The underlying operating result increased to SEK 10 M ( -61 ) • The operating result increased to SEK 32 M ( -534 ) , including inventory gains of SEK 27 M ( -3 ) and items affecting comparability of SEK -5 M ( -470 ) • Result after tax increased to SEK 19 M ( -501 ) • Earnings per share amounted to SEK -0.01 ( -1.95 ) • Cash flow from operating activities increased to SEK 32 M ( 7 ) • Earnings per share increased to SEK 0.96 ( -36.64 ) • The incentive program TO 2026/2029 : 1 was fully subscribed through investments from Group management " Net sales increased to SEK 974 M ( 859 ) , and the underlying operating result ( uEBIT ) improved to SEK 4 M ( -23 ) . Operating result , including items affecting compa- rability of SEK - 5 M ( -7 ) , amounted to SEK 4 M ( -30 ) . The items affecting comparability relate to restructuring costs for the consolidation and streamlining of the sheet metal processing operations in Finland to Lapua . The change is expected to strengthen the customer offering and competitiveness and improve EBIT by ap- proximately SEK 20 M annually , with full effect from 2028. " Johan Wiig , President and CEO Results overview Tonnage , thousands of tonnes Net sales , SEK M Underlying operating result , SEK M Operating result , SEK M Profit / loss for the period , SEK M Earnings per share , SEK 1 ) Cash flow from operating activities , SEK M 1 ) Based on average number of shares Jul - Sep Jul - Sep Change Jan - Sep 2025 Jan - Sep Change 111111 -36.64 37.60 24 48 -24 25 BE Group AB ( publ ) , which is listed on the Nasdaq Stockholm exchange , is a leading independent steel distributor that stores and processes steel , stainless steel , and aluminium for customers pri- marily in the construction and manufacturing industries . Through the company's production services , customers can order customized steel components to optimize their production processes . In 2025 , the Group reported sales of SEK 3.9 billion . BE Group has approximately 520 employees , with Sweden and Finland as its largest markets . The headquarters is located in Malmö , Sweden . Read more about BE Group at www.begroup.com . BE Group AB ( publ ) / Corp. Reg . No. 556578-4724 / Interim report January - September 2026 1