Interim report
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IInterim Report Q3 2026
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Third quarter 2026 Higher earnings and margin for both Service Business and Car Business Third quarter 2026 • Net turnover amounted to MSEK 9,961 (9,717). • Operational earnings amounted to MSEK 380 (310). The higher operational earnings were attributable to Sweden and Norway, while Western Europe reported a slightly lower result. • Operating profit amounted to MSEK 326 (284), and the operating margin increased from 2.9 per cent to 3.3 per cent. The previous year included a gain of MSEK 35 on the disposal of properties. • Profit for the period amounted to MSEK 185 (191). The previous year included a tax-exempt gain of MSEK 35 on the sale of properties in Sweden. Earnings per share amounted to SEK 2.02 (2.07). • Operating cash flow amounted to MSEK 479 (792). The previous year included proceeds of MSEK 303 from the sale of properties in Sweden. Nine months 2026 • Net turnover amounted to MSEK 30,482 (30,204). • Operational earnings amounted to MSEK 1,173 (1,002). The higher operational earnings were primarily attributable to Sweden, although Norway also reported a higher result. Western Europe reported a strong result in line with the previous year. • Operating profit amounted to MSEK 1,018 (901), and the operating margin increased from 3.0 per cent to 3.3 per cent. The previous year included gains of MSEK 62 on the disposal of operations and properties in Sweden. • Profit for the period amounted to MSEK 609 (532). Earnings per share amounted to SEK 6.64 (5.76). • Operating cash flow amounted to MSEK 1,045 (1,433). The previous year included proceeds of MSEK 303 from the sale of properties in Sweden. Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Net turnover 9,961 9,717 30,482 30,204 40,690 40,413 Operational earnings 1) 380 310 1,173 1,002 1,622 1,452 Operational margin, % 3.8 3.2 3.8 3.3 4.0 3.6 Operating profit 326 284 1,018 901 1,388 1,271 Operating margin, % 3.3 2.9 3.3 3.0 3.4 3.2 Profit before tax 248 199 782 632 1,073 923 Net profit for the period 185 191 609 532 837 760 Earnings per share, SEK 2) 2.02 2.07 6.64 5.76 9.10 8.22 Operating cash flow 479 792 1,045 1,433 1,720 2,108 1) For reconciliation of operational earnings with operating profit, see Note 3. 2) The number of shares used in the calculation is shown in the Consolidated Statement of Income and Other Comprehensive Income. 2 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Higher earnings in the Service Business and higher order intake for new cars Third quarter Our operational earnings amounted to MSEK 380, which was MSEK 70 higher than in the previous year. The margin improved from 3.2 per cent to 3.8 per cent. The higher operational earnings were pri- marily attributable to the Service Business, which reported earnings of MSEK 293, MSEK 60 higher than in the previous year. The Car Business reported operational earn- ings of MSEK 99, which was MSEK 18 higher than in the previous year, primarily attributa- ble to new car sales in Sweden. Underlying order intake for new cars was 27 per cent higher than in the previous year. At the end of the period, the order backlog amounted to 18,654 cars, which was high from a historical perspective and approx- imately 6,100 cars, or 49 per cent, higher than in the previous year. Operational cash flow for the third quarter was strong and amounted to MSEK 479. Net loan debt in relation to EBITDA, exclud- ing IFRS 16, was 1.2 times at the end of the quarter. Higher earnings and margin for the Service Business The Service Business reported its highest ever operational earnings for a third quarter. Demand remained stable in our countries during the quarter, and organic growth in the Service Business was 3 per cent. The margin for the third quarter improved from 10.2 per cent to 12.0 per cent. We maintain a continuous focus on efficiency, availability and the customer experience in our Service Business. Dur- ing the year, our efficiency programme, with annual savings of MSEK 150, was implemented, and the savings will have full effect by the end of the year. We continued our work to integrate newly established and recently acquired oper- ations, such as our Volvo truck business, which developed according to plan with improved earnings. By systematically implementing the most effective process- es, identified as the Bilia standard, we are gradually improving the efficiency and profitability of our operations. The Service Business accounted for 73 per cent of the Group’s operational earnings for the third quarter and contrib- utes recurring revenue and stable profita- bility, even in more challenging economic conditions. Higher order intake for new cars and a larger order backlog Order intake for new cars increased by 27 per cent, attributable to all markets. Our order intake was positively affected by attractive car models and private leasing offers from our car brands. Demand for electric cars in Sweden and Western Europe developed positively and contributed to the higher order intake. During the quarter, approximately half of the new cars deliv- ered in Sweden and Western Europe were electric. In Norway, virtually all cars delivered continued to be electric. The larger order backlog contributes to future growth in our Service Business. Demand for used cars remained some- what weak, but with more stable pricing, particularly for used electric cars in Swe- den. Demand was positively affected by higher oil prices, improved range and per- formance. In Norway, there was intense price competition for new cars, while used car prices were negatively affected by the large supply of cars in the market. We consider our used car inventory to be at a good level in our countries. Signs of continued improvement in demand During the third quarter, we saw a stable Service Business, higher order intake for new cars, and stabilised demand and pricing for used cars in Sweden. We have an order backlog that is high from a historical perspective. For the coming quarter, we expect sta- ble demand in the Service Business and some improvement in the Car Business. Together with a stable financial position, we are well positioned to capitalise on the business opportunities that arise and to continue creating long-term value for our customers and shareholders. Per Avander Managing Director and CEO KOMMENTAR FRÅN VD The higher opera- tional earnings were primarily attributable to the Service Business, which reported earnings of MSEK 293, MSEK 60 higher than in the previous year. The Car Business reported earnings that were MSEK 18 higher, attributable to new car sales. THE MANAGING DIRECTOR’S COMMENTS 3 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Group results Net turnover and earnings Third quarter 2026 Net turnover amounted to MSEK 9,961 (9,717). Adjusted for acquired and divested operations and exchange rate fluctuations, net turnover was 1 per cent higher com- pared to previous year. Exchange rate fluctuations had a positive impact of approximately MSEK 180 on net turno- ver compared with the previous year. Operational earnings amounted to MSEK 380 (310), and the operational margin was 3.8 per cent (3.2). The Service Business reported earnings of MSEK 293 (233). The Car Business reported earnings of MSEK 99 (81). The Fuel Business reported earnings of MSEK 10 (7). Operations in Sweden reported earnings of MSEK 297 (234). The margin was 4.7 per cent (3.6). Operations in Norway reported earnings of MSEK 65 (45). The margin was 2.7 per cent (2.1). Operations in Western Europe reported earnings of MSEK 39 (43). The margin was 3.5 per cent (4.0). In Sweden, the improvement in earnings was mainly attribut- able to the Service Business, but also sales of new cars in the Car Business contributed to the higher earnings. In Norway, the improvement in earnings was attributable to the Service Business. In Western Europe, the slight decline in earnings was attributable to sales of new cars in the Car Business. Operating profit amounted to MSEK 326 (284). The previous year included a gain of MSEK 35 from the sale of properties in Sweden. Operating profit also included losses from interests in joint ventures of MSEK –15 (–3). Net financial items amounted to MSEK –78 (–85). Net fi- nancial items for the quarter were positively affected mainly by currency effects and lower interest expenses related to borrowings. Ta x amounted to MSEK –62 (–8). The effective tax rate was 25 per cent (4) and was adversely affected by recog- nised losses from interests in joint ventures. The effective tax rate in the previous year was positively affected by a tax-exempt gain on the sale of properties in Sweden. Profit for the period amounted to MSEK 185 (191). The previous year benefited from lower tax related to gains on the sale of properties in Sweden. Earnings per share amounted to SEK 2.02 (2.07). Exchange rate fluctuations had no material impact on profit for the period compared with the previous year. The number of employees increased by 6 during the quarter to 5,636. The Parent Company’ s operating result for the quarter amounted to MSEK –33 (–18). The previous year was positively affected by the remeasurement of endowment insurance policies for pensions. Nine months 2026 Net turnover amounted to MSEK 30,482 (30,204). Adjusted for acquired and divested operations and exchange rate fluctuations, net turnover decreased by 1 per cent. Exchange rate fluctuations had a positive impact of approximately MSEK 190 on net turnover compared with the previous year. Operational earnings amounted to MSEK 1,173 (1,002), and the operational margin was 3.8 per cent (3.3). The Service Business reported earnings of MSEK 943 (796). The Car Business reported earnings of MSEK 305 (274). The Fuel Business reported earnings of MSEK 32 (28). Operations in Sweden reported earnings of MSEK 867 (722). The margin was 4.4 per cent (3.7). Operations in Norway reported earnings of MSEK 234 (192). The mar- gin was 3.2 per cent (2.8). Operations in Western Europe reported earnings of MSEK 179 (183). The margin was 5.2 per cent (5.1). In Sweden, the improvement in earnings was mainly attributable to the Service Business and to sales of both new and used cars in the Car Business. In Norway, the Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Net turnover MSEK Net turnover Net turnover MSEK, R/one.tf/two.tf /zero.tf /two.tf,/zero.tf/zero.tf/zero.tf /four.tf,/zero.tf/zero.tf/zero.tf /six.tf,/zero.tf/zero.tf/zero.tf /eight.tf,/zero.tf/zero.tf/zero.tf /one.tf/zero.tf,/zero.tf/zero.tf/zero.tf /one.tf/two.tf,/zero.tf/zero.tf/zero.tf /three.tf/six.tf,/zero.tf/zero.tf/zero.tf /three.tf/seven.tf,/zero.tf/zero.tf/zero.tf /three.tf/eight.tf,/zero.tf/zero.tf/zero.tf /three.tf/nine.tf,/zero.tf/zero.tf/zero.tf /four.tf/zero.tf,/zero.tf/zero.tf/zero.tf /four.tf/one.tf,/zero.tf/zero.tf/zero.tf /four.tf/two.tf,/zero.tf/zero.tf/zero.tf /zero.tf /one.tf/zero.tf/zero.tf /two.tf/zero.tf/zero.tf /three.tf/zero.tf/zero.tf /four.tf/zero.tf/zero.tf /five.tf/zero.tf/zero.tf /six.tf/zero.tf/zero.tf Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Operational earnings MSEK Operational earnings and margin Margin %, R/one.tf/two.tf /zero.tf./zero.tf /one.tf./zero.tf /two.tf./zero.tf /three.tf./zero.tf /four.tf./zero.tf /five.tf./zero.tf /six.tf./zero.tf GROUP RESUL TS 4 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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A better experience At Bilia we strive for continuous development, to be a little better each day, whatever our title or position. Working in a goal-conscious way founded on our vision, core values and customer promise creates a positive spiral, enabling us to exceed expectations and provide a better experience for cus tomers and colleagues alike. GROUP RESUL TS Net turnover by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Sweden 6,384 6,515 19,601 19,631 25,989 26,019 Norway 2,415 2,125 7,317 6,901 10,049 9,633 Western Europe 1,117 1,059 3,474 3,623 4,496 4,646 Parent Company, other 45 18 90 50 156 116 Total 9,961 9,717 30,482 30,204 40,690 40,413 Operational earnings by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Sweden 297 234 867 722 1,171 1,026 Norway 65 45 234 192 360 318 Western Europe 39 43 179 183 255 259 Parent Company, other –21 –11 –108 –95 –164 –152 Total 380 310 1,173 1,002 1,622 1,452 Operational margin by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025Per cent 2026 2025 2026 2025 Sweden 4.7 3.6 4.4 3.7 4.5 3.9 Norway 2.7 2.1 3.2 2.8 3.6 3.3 Western Europe 3.5 4.0 5.2 5.1 5.7 5.6 Total 3.8 3.2 3.8 3.3 4.0 3.6 improvement in earnings was attributable to the Service Business. In Western Europe, the slight decline in earnings was attributable to the Service Business. Operating profit amounted to MSEK 1,018 (901). Op- erating profit also included results from interests in joint ventures of MSEK –21 (–8). The previous year included gains of MSEK 62 on the divestment of operations and properties in Sweden. Net financial items amounted to MSEK –236 (–269). Net financial items for the nine-month period were positively affected mainly by lower interest expenses related to bor- rowings and higher earnings from interests in associated companies. Ta x amounted to MSEK –173 (–99). The effective tax rate was 22 per cent (16). The effective tax rate in the previous year was affected mainly by non-taxable gains on the sale of operations and properties in Sweden. Profit for the period amounted to MSEK 609 (532). Earn- ings per share amounted to SEK 6.64 (5.76). Exchange rate fluctuations had no material impact on profit for the period compared with the previous year. The number of employees was 5,636. Adjusted for ac- quired and divested operations, the number of employees decreased by 33 compared with the previous year. The Parent Company’ s operating loss amounted to MSEK –123 (–108). 5 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Operating cash flow Operating cash flow for the quarter amounted to MSEK 479 (792). The previous year included proceeds of MSEK 303 from the disposal of non-current assets. After acquisitions of operations and changes in financial assets, cash flow for the quarter amounted to MSEK 440 (341). Financial position Total assets increased by MSEK 1,436 during the year and amounted to MSEK 21,665. The increase was primar- ily attributable to lease vehicles, inventories and trade receivables. Equity increased by MSEK 262 during the year and amounted to MSEK 5,266. The 2026 Annual General Meeting resolved on a dividend of MSEK 553 to sharehold- ers. The final instalment of MSEK 129 of the 2025 dividend was paid during the first quarter. Two instalments totalling MSEK 276 of the 2026 dividend were paid during the sec- ond and third quarters. In November 2025, the Board of Directors resolved to repurchase a maximum of 1,250,000 shares for a maxi- mum consideration of MSEK 150 during the period up to the 2026 Annual General Meeting. During the first quarter, 471,100 treasury shares were repurchased for MSEK 59. No shares were repurchased during the second or third quarter, as the share repurchase programme ended at the 2026 Annual General Meeting. In total, 917 ,500 shares were repurchased during the fourth quarter 2025 and the first quarter 2026 at a value of MSEK 116, corresponding to an average price per share of SEK 126.12. During the second quarter, shares were utilised for the allocation of 90,820 shares to participants in Bilia’s Share Savings Programme from 2023. Holding of own shares as of 30 September 2026 amounted to 4,572,672 shares. The equity ratio amounted to 24 per cent (24). Net debt decreased by MSEK 18 during the year and amounted to MSEK 7 ,604. Net debt excluding lease liabil- ities attributable to IFRS 16 amounted to MSEK 2,213, a decrease of MSEK 29 from December 2025. The ratio of net debt to EBITDA, excluding IFRS 16, was 1.2, compared with 1.3 at the end of 2025. During the first nine months, payments of MSEK 48 were received in respect of the disposal of smaller operations in Sweden and Norway. At the end of the quarter, credit facilities with Nordea and DNB were utilised by MSEK 613. The credit limit with the banks now amounts to MSEK 3,100 and was increased by MSEK 800 during the third quarter, with maturity in March 2029. Investments Acquisitions of non-current assets , excluding lease vehicles, amounted to MSEK 74 (127) during the quar- ter and, including lease vehicles, to MSEK 548 (358). By geographical market, investments amounted to MSEK 319 (188) in Sweden, MSEK 189 (92) in Norway, MSEK 31 (21) in Western Europe and MSEK 9 (56) for the Parent Company and other central operations. Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Operating cash flow MSEK, R/one.tf/two.tf Operating cash flow /zero.tf /five.tf/zero.tf/zero.tf /one.tf,/zero.tf/zero.tf/zero.tf /one.tf,/five.tf/zero.tf/zero.tf /two.tf,/zero.tf/zero.tf/zero.tf /two.tf,/five.tf/zero.tf/zero.tf Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Net debt MSEK Net debt and net debt/EBITDA, excl. IFRS /one.tf/six.tf Net debt/EBITDA times, R/one.tf/two.tf /zero.tf./zero.tf /zero.tf./five.tf /one.tf./zero.tf /one.tf./five.tf /two.tf./zero.tf /two.tf./five.tf /three.tf./zero.tf /zero.tf /five.tf/zero.tf/zero.tf /one.tf,/zero.tf/zero.tf/zero.tf /one.tf,/five.tf/zero.tf/zero.tf /two.tf,/zero.tf/zero.tf/zero.tf /two.tf,/five.tf/zero.tf/zero.tf /three.tf,/zero.tf/zero.tf/zero.tf Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Investments MSEK, R/one.tf/two.tf Investments in non-current assets, excl. IFRS /one.tf/six.tf in % of net turnover, R/one.tf/two.tf /zero.tf /five.tf/zero.tf/zero.tf /one.tf,/zero.tf/zero.tf/zero.tf /one.tf,/five.tf/zero.tf/zero.tf /two.tf,/zero.tf/zero.tf/zero.tf /two.tf,/five.tf/zero.tf/zero.tf /zero.tf./zero.tf /two.tf./zero.tf /four.tf./zero.tf /six.tf./zero.tf /eight.tf./zero.tf /one.tf/zero.tf./zero.tf GROUP RESUL TS 6 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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NOT ABLE EVENTS Bilia är en One Stop Shop, med ett brett utbud av produkter och tjänster. Genom bilköpet knyter vi kunderna till oss. Våra anläggningar och digitala kanaler är de centrala kontaktytorna. Kundservice T elefon och online. Butik Tillbehör, reservdelar och e-handel. Glascenter Glasbehandling, glasreparation och vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning och verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker och reparationer Stationer Drivmedel och biltvätt. Bilvård Rekonditionering och AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad, buckelborttagning och bildemontering. Hyrbilar Uthyrning och Flexlease Car purchase Financing, insurance, the Bilia-card, service subscrip- tions, tyre hotels, paint shops, accessory and tyre and wheel sales. Bilia är en One Stop Shop, med ett brett utbud av produkter och tjänster. Genom bilköpet knyter vi kunderna till oss. Våra anläggningar och digitala kanaler är de centrala kontaktytorna. Kundservice T elefon och online. Butik Tillbehör, reservdelar och e-handel. Glascenter Glasbehandling, glasreparation och vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning och verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker och reparationer Stationer Drivmedel och biltvätt. Bilvård Rekonditionering och AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad, buckelborttagning och bildemontering. Hyrbilar Uthyrning och Flexlease Store Accessories, spare parts and e-commerce. Bilia är en One Stop Shop, med ett brett utbud av produkter och tjänster. Genom bilköpet knyter vi kunderna till oss. Våra anläggningar och digitala kanaler är de centrala kontaktytorna. Kundservice T elefon och online. Butik Tillbehör, reservdelar och e-handel. Glascenter Glasbehandling, glasreparation och vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning och verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker och reparationer Stationer Drivmedel och biltvätt. Bilvård Rekonditionering och AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad, buckelborttagning och bildemontering. Hyrbilar Uthyrning och Flexlease Stations Fuels and car washes. Bilia är en One Stop Shop, med ett brett utbud av produkter och tjänster. Genom bilköpet knyter vi kunderna till oss. Våra anläggningar och digitala kanaler är de centrala kontaktytorna. Kundservice T elefon och online. Butik Tillbehör, reservdelar och e-handel. Glascenter Glasbehandling, glasreparation och vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning och verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker och reparationer Stationer Drivmedel och biltvätt. Bilvård Rekonditionering och AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad, buckelborttagning och bildemontering. Hyrbilar Uthyrning och Flexlease Tyre centres Tyre hotels, wheel change, tyre and wheel sales and workshop services. Rim repair Renovation of rims. Bilia är en One Stop Shop, med ett brett utbud av produkter och tjänster. Genom bilköpet knyter vi kunderna till oss. Våra anläggningar och digitala kanaler är de centrala kontaktytorna. Kundservice T elefon och online. Butik Tillbehör, reservdelar och e-handel. Glascenter Glasbehandling, glasreparation och vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning och verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker och reparationer Stationer Drivmedel och biltvätt. Bilvård Rekonditionering och AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad, buckelborttagning och bildemontering. Hyrbilar Uthyrning och Flexlease Service Original service, personal service technicians and repairs. Bilia är en One Stop Shop, med ett brett utbud av produkter och tjänster. Genom bilköpet knyter vi kunderna till oss. Våra anläggningar och digitala kanaler är de centrala kontaktytorna. Kundservice T elefon och online. Butik Tillbehör, reservdelar och e-handel. Glascenter Glasbehandling, glasreparation och vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning och verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker och reparationer Stationer Drivmedel och biltvätt. Bilvård Rekonditionering och AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad, buckelborttagning och bildemontering. Hyrbilar Uthyrning och Flexlease Car glass Glass treatment, glass repair and windscreen replacement. Bilia är en One Stop Shop, med ett brett utbud av produkter och tjänster. Genom bilköpet knyter vi kunderna till oss. Våra anläggningar och digitala kanaler är de centrala kontaktytorna. Kundservice T elefon och online. Butik Tillbehör, reservdelar och e-handel. Glascenter Glasbehandling, glasreparation och vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning och verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker och reparationer Stationer Drivmedel och biltvätt. Bilvård Rekonditionering och AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad, buckelborttagning och bildemontering. Hyrbilar Uthyrning och Flexlease Car care Reconditioning and AC-cleaning. Bilia är en One Stop Shop, med ett brett utbud av produkter och tjänster. Genom bilköpet knyter vi kunderna till oss. Våra anläggningar och digitala kanaler är de centrala kontaktytorna. Kundservice T elefon och online. Butik Tillbehör, reservdelar och e-handel. Glascenter Glasbehandling, glasreparation och vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning och verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker och reparationer Stationer Drivmedel och biltvätt. Bilvård Rekonditionering och AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad, buckelborttagning och bildemontering. Hyrbilar Uthyrning och Flexlease Damage Roadside assistance, body shop, paint shop and dent removal. Kundservice T elefon & online. Reuse Bildemontering & bildelar 7 BIL I A Å R S R E D O VIS NING 2 0 1 9 A f f ä r s m odell o c h s t r a t e g i Butik Tillbehör, reservdelar & e-handel. Glascenter Glasbehandling, glas- reparation & vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning & verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker & reparationer Stationer Drivmedel & biltvätt. Bilvård Rekonditionering & AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad & buckelborttagning Hyrbilar Uthyrning & Flexlease Rental cars Rentals and Flexlease. Kundservice T elefon & online. Reuse Bildemontering & bildelar 7 BIL I A Å R S R E D O VIS NING 2 0 1 9 A f f ä r s m odell o c h s t r a t e g i Butik Tillbehör, reservdelar & e-handel. Glascenter Glasbehandling, glas- reparation & vindrutebyten. Däckcenter Däckhotell, däckbyte, däck- försäljning & verkstadstjänster. Bilköp Finansiering, försäkring, biliakort, serviceabonnemang, däckhotell, lackbehandling samt tillbehörs- & däckförsäljning. Servicecenter Originalservice, personlig servicetekniker & reparationer Stationer Drivmedel & biltvätt. Bilvård Rekonditionering & AC- rengöring Skadecenter Vägassistans, plåtverkstad, lackverkstad & buckelborttagning Hyrbilar Uthyrning & Flexlease Car dismantling Dismantling, reuse and sales of used car parts. We offer services for everything related to car ownership during the car’s entire life cycle, from the purchase of a new car to recycling parts from a dismantled car. Events after the balance sheet date • No significant events have occurred after the balance sheet date. Further information along with other press information is available at bilia.com. Events during the third quarter • On 30 September, Bilia’s Board of Directors reached an agreement with Managing Director and CEO Per Avander to extend his current employment agreement until 31 July 2029. Events during the first six months • On May 6 Bilia signed an agreement with Kia Sweden AB to become a full-service partner covering servicing and sales of new and used cars as well as light commercial vehicles. Bilia will offer sales and service at approximately seven facilities in Stockholm and Western Sweden. Through this agreement, Bilia becomes Kia’s largest partner in Sweden, representing around 15 per cent of Kia’s sales. Last year, Kia’s market share in Sweden was 7,3 per cent. Our rollout of Kia will primarily take place within Bilia’s existing facilities, complemented by potentially one or two new sites. Full implementation is expected by mid-2028. Revenue during the first full year is estimated at approximately SEK 2 Bn, with an operating margin of around 2.5 per cent, with an ambition to reach profitability levels in line with Bilia. Estimated capital employed following full implementation is approximately MSEK 300. Notable events 7 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOT ABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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We aim to generate annual growth above 5 per cent over time. Average growth over the past five years has been 6 per cent, and between 2015 and 2025 our turnover has doubled from SEK 20 Bn to SEK 40 Bn, while the number of employees has increased about 60 per cent. During the period, we grew as much organically as through acquisitions. Growth in existing businesses Our continuous efforts to improve and develop the exist- ing business ensure that we grow organically in the best possible way while maintaining or improving profitability and meeting today’s sustainability requirements. We continue to work across all our existing operations within both the Service Business and the Car Business to further improve and streamline these operations. Growth through acquisitions Bilia has a broad and well-established platform in terms of car brands, service operations, and geographical presence. Over the past decade, we have completed approximately 50 acquisitions, resulting in expansion into new countries, car brands and service operations. In light of the ongoing consolidation in the industry, we see good opportunities to create continued growth through future acquisitions in areas of strategic importance to us. We aim to grow in Sweden, Norway, Luxembourg and Belgium, but may also consider other European countries at the right time. In addition, we aim to expand the Service Business through acquisitions in new areas of operation. Well-planned acquisitions contribute over time to organic growth through our focus on efficiency improvements and enhancements, particularly within the Service Business. A sustainable growth strategy GROWTH STRA TEGY LBs Lastbilar AB Kokstad Autosenter ASBil1Din Holding AB AS Insignia M Bilar Group AB Carlo Schmitz S.à r.lLunds Bil i Varberg AB Holmgrens Truck-Motor AB Bilcentergruppen Sörmland ABB MotorGroup Stockholm AB Bil AB Ove Olofsson & Olofsson Däckcenter AB Söderbergs Person - bilar i Norrköping ABHellgrens Lastvagns - service AB & Skellefteå Billackering AB 2022 2023 2024 2025 OUR CAR BRANDS Tage Rejmes Lastvagnar AB Tage Rejmes i Örebro Lastvagnar AB Sandven AS 8 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRA TEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Higher result and higher margin in the Service Business Turnover and earnings Third quarter 2026 During the quarter, net turnover adjusted for currency effects increased by 4 per cent compared with the previous year. Also adjusted for calendar days, net turnover in the Service Business increased organically by 3 per cent in the third quarter. The organic growth was primarily attributable to the operations in Norway. The operations in Western Europe also reported posi- tive growth, while the operations in Sweden reported net turnover in line with the previous year. The quarter had one more working day in Sweden, Norway and Belgium and two more working days in Luxembourg compared with the previous year. Operational earnings amounted to MSEK 293 (233) and the margin improved to 12.0 per cent (10.2). The higher earnings and margin in the Service Business were main- ly attributable to greater efficiency, a higher number of new cars delivered, which increased the utilisation in our delivery workshops, and other operations such as car dismantling. The earnings were the highest ever reported for a third quarter. In Sweden, operational earnings amounted to MSEK 220 (190). In Norway, operational earnings amounted to MSEK 53 (24). In Western Europe, operational earnings amount- ed to MSEK 19 (19). During the quarter, workshop bookings remained at a good level in Norway and Western Europe, but continued to be somewhat low in Sweden. Serviceaffären Third quarter 2026 • Turnover amounted to MSEK 2,442 (2,290), an increase of 7 per cent. • Operational earnings amounted to MSEK 293 (233). • The margin was 12.0 per cent (10.2). Nine months 2026 • Turnover amounted to MSEK 7 ,782 (7 ,254), an increase of 7 per cent. • Operational earnings amounted to MSEK 943 (796). • The margin was 12.1 per cent (11.0). SERVICE BUSINESS Growth in the Service Business Third quarter Nine months Per cent Sweden Norway Western Europe Tota l Sweden Norway Western Europe Tota l Reported growth 1.3 21.6 6.0 6.6 4.8 15.9 1.9 7.3 Underlying growth 1.3 12.5 6.2 4.4 1.8 11.8 3.9 4.5 Calendar effect –1.5 –1.5 –2.3 –1.6 –1.1 –0.5 –1.1 –0.9 Organic growth –0.2 11.0 3.9 2.9 0.7 11.3 2.8 3.6 9 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Turnover MSEK Turnover Turnover MSEK, R/one.tf/two.tf /seven.tf,/zero.tf/zero.tf/zero.tf /eight.tf,/zero.tf/zero.tf/zero.tf /nine.tf,/zero.tf/zero.tf/zero.tf /one.tf/zero.tf,/zero.tf/zero.tf/zero.tf /one.tf/one.tf,/zero.tf/zero.tf/zero.tf /one.tf/two.tf,/zero.tf/zero.tf/zero.tf /one.tf,/zero.tf/zero.tf/zero.tf /one.tf,/five.tf/zero.tf/zero.tf /two.tf,/zero.tf/zero.tf/zero.tf /two.tf,/five.tf/zero.tf/zero.tf /three.tf,/zero.tf/zero.tf/zero.tf /three.tf,/five.tf/zero.tf/zero.tf /zero.tf /one.tf/zero.tf/zero.tf /two.tf/zero.tf/zero.tf /three.tf/zero.tf/zero.tf /four.tf/zero.tf/zero.tf /five.tf/zero.tf/zero.tf Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Operational earnings MSEK Operational earnings and margin Margin %, R/one.tf/two.tf /two.tf./zero.tf /six.tf./zero.tf /one.tf/zero.tf./zero.tf /one.tf/four.tf./zero.tf /one.tf/eight.tf./zero.tf /two.tf/two.tf./zero.tf SERVICE BUSINESS Turnover by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Sweden 1,552 1,532 5,084 4,852 6,961 6,730 Norway 677 557 2,084 1,799 2,807 2,522 Western Europe 212 201 614 602 851 838 Total 2,442 2,290 7,782 7,254 10,618 10,090 Operational earnings by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Sweden 220 190 688 597 973 882 Norway 53 24 191 129 273 211 Western Europe 19 19 64 70 92 98 Total 293 233 943 796 1,338 1,190 Margin by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025Per cent 2026 2025 2026 2025 Sweden 14.2 12.4 13.5 12.3 14.0 13.1 Norway 7.9 4.4 9.2 7.2 9.7 8.3 Western Europe 9.0 9.7 10.4 11.6 10.8 11.7 Total 12.0 10.2 12.1 11.0 12.6 11.8 10 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Our turnover in the Service Business consists of a range of services tailored to our customers’ needs and expecta- tions. These services include service workshops, body and paint workshops, tyre storage and tyre sales, windscreen replacement and repair, car dismantling and the sale of used spare parts. Our objective is to achieve growth in both turnover and profitability in our Service Business. Since 2015, net turnover has more than doubled, while operational earn- ings have tripled. Over the same period, the margin has increased from 9.8 per cent to 12.1 per cent. The margin from 2023 to 2025 was negatively affected primarily by somewhat lower profitability in new operations, including both acquired and newly established operations. During the first nine months of 2026, the margin in the Service Business was higher than in the previous year, attrib- utable to improved efficiency and a higher number of new cars delivered, which increased the utilisation in our delivery workshops. Demand within the Service Business is affected by the weak new car market in recent years. During 2025, the total Swedish market for new vehicles was close to 20 per cent lower than the average for the past ten years. The market is now considered to have reached its lowest level, and a gradual recovery is expect- ed over the coming years. We continuously work to improve profitability in our Service Business. Our Business Excellence team, together with our Service Business team, identifies the most effi- cient processes and subsequently implements them at fa- cilities where there is potential for improvement, as well as at our newly established and newly acquired operations. The number of wheels stored on behalf of our customers amount- ed to 427,000 (421,000 at year-end 2025). –/five.tf /zero.tf /five.tf /one.tf/zero.tf Q/two.tf /two.tf/six.tf Q/three.tf /two.tf/six.tf Q/one.tf /two.tf/six.tf Q/four.tf /two.tf/five.tf Q/three.tf /two.tf/five.tf Q/two.tf /two.tf/five.tf Q/one.tf /two.tf/five.tf Q/four.tf /two.tf/four.tf Q/three.tf /two.tf/four.tf Q/two.tf /two.tf/four.tf Q/one.tf /two.tf/four.tf Q/four.tf /two.tf/four.tf Turnover Service Business, % Organic growth in the Service Business per quarter, % Service och repair, 60 Damage centres incl. paint shop, 20 Tyres, wheels and glass, 15 Car dismantling, 5 /two.tf/zero.tf/two.tf/six.tf Q/three.tf /two.tf/zero.tf/two.tf/five.tf/two.tf/zero.tf/two.tf/four.tf/two.tf/zero.tf/two.tf/three.tf/two.tf/zero.tf/two.tf/two.tf/two.tf/zero.tf/two.tf/one.tf/two.tf/zero.tf/two.tf/zero.tf/two.tf/zero.tf/one.tf/nine.tf/two.tf/zero.tf/one.tf/eight.tf/two.tf/zero.tf/one.tf/seven.tf/two.tf/zero.tf/one.tf/six.tf/two.tf/zero.tf/one.tf/five.tf/zero.tf /one.tf/five.tf/zero.tf,/zero.tf/zero.tf/zero.tf /three.tf/zero.tf/zero.tf,/zero.tf/zero.tf/zero.tf /four.tf/five.tf/zero.tf,/zero.tf/zero.tf/zero.tf Wheels in storage SERVICE BUSINESS Service Business development since 2015 – Nine months 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Net turnover, MSEK 3,137 3,755 4,303 4,663 5,024 4,976 5,555 5,801 6,380 6,981 7,254 7,782 Operational earnings, MSEK 309 389 469 515 630 781 902 793 777 794 796 943 Operational margin, % 9.8 10.3 10.9 11.0 12.5 15.7 16.2 13.7 12.2 11.4 11.0 12.1 11 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Bilaffären Higher order intake and higher backlog for new cars in the Car Business Turnover and earnings Third quarter 2026 The Car Business’s deliveries of new cars, adjusted for new car brands, were 16 per cent higher in the quarter compared with the previous year. The higher deliveries of new cars were primarily attributable to Norway, also Sweden, Luxembourg and Belgium delivered more cars than in the previous year. The Car Business’s deliveries of used cars were 6 per cent lower than in the previous year. Deliveries of used cars were lower in Sweden and Norway, while they were higher than in the previous year in Belgium and Luxembourg. Order intake for new cars, adjusted for new car brands, remained strong during the quarter and was 27 per cent higher than in the previous year. The higher underlying order intake was attributable to Sweden, Norway and Luxembourg, while Belgium recorded a lower order intake than in the previous year. The order backlog amounted to 18,654 cars, approxi- mately 6,100 cars or 49 per cent more than in the previous year. From a historical perspective, the order backlog was at a good level, reflecting strong order intake partly attributable to car models that were not yet available for delivery in the market. Third quarter 2026 • Turnover amounted to MSEK 7 ,929 (7 ,766). • Operational earnings amounted to MSEK 99 (81). • The margin was 1.2 per cent (1.0). Nine months 2026 • Turnover amounted to MSEK 24,060 (24,053). • Operational earnings amounted to MSEK 305 (274). • The margin was 1.3 per cent (1.1). CAR BUSINESS New cars by geographic market Deliveries Order backlog Third quarter Nine months Oct 25– Sept 26 Full year 2025 30 Sept 2026 30 Sept 2025Number of 2026 2025 2026 2025 Sweden 1) 7,553 7,219 24,049 21,830 32,091 29,872 11,651 6,734 Norway 3,384 2,116 9,401 6,914 13,353 10,866 4,489 3,618 Western Europe 1,566 1,388 5,137 4,913 6,823 6,599 2,514 2,174 Total 12,503 10,723 38,587 33,657 52,267 47, 3 3 7 18,654 12,526 1) Acquired and newly established operations were included in deliveries with 12 units during the quarter, 404 units during the first nine months and 146 units in the order backlog. Divested operations were included in deliveries with 41 units during the first nine months. 12 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Turnover MSEK Turnover Turnover MSEK, R/one.tf/two.tf /zero.tf /two.tf,/zero.tf/zero.tf/zero.tf /four.tf,/zero.tf/zero.tf/zero.tf /six.tf,/zero.tf/zero.tf/zero.tf /eight.tf,/zero.tf/zero.tf/zero.tf /one.tf/zero.tf,/zero.tf/zero.tf/zero.tf /two.tf/five.tf,/zero.tf/zero.tf/zero.tf /two.tf/seven.tf,/five.tf/zero.tf/zero.tf /three.tf/zero.tf,/zero.tf/zero.tf/zero.tf /three.tf/two.tf,/five.tf/zero.tf/zero.tf /three.tf/five.tf,/zero.tf/zero.tf/zero.tf /three.tf/seven.tf,/five.tf/zero.tf/zero.tf /zero.tf /five.tf/zero.tf /one.tf/zero.tf/zero.tf /one.tf/five.tf/zero.tf /two.tf/zero.tf/zero.tf Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Operational earnings MSEK Operational earnings and margin Margin %, R/one.tf/two.tf /zero.tf./zero.tf /one.tf./zero.tf /two.tf./zero.tf /three.tf./zero.tf /four.tf./zero.tf Turnover for the quarter, adjusted for exchange rate fluctuations, was in line with the previous year. Turnover for the quarter was affected by a higher number of cars sold as an agent and a higher proportion of cars subject to repurchase agreements, for which turnover is recognised over the future lease period of approximately three years. Operational earnings amounted to MSEK 99 (81), and the margin was 1.2 per cent (1.0). Earnings from sales of used cars amounted to MSEK 55 (68). The lower earnings were attributable to Norway, while Sweden and Western Europe reported earnings in line with the previous year. Earnings from sales of new cars amounted to MSEK 44 (13). The higher earnings were primarily attributable to Sweden. The Car Business in Sweden reported operational earnings of MSEK 67 (38). Earnings from sales of used cars amounted to MSEK 47 (46). The inventory of used cars was considered to be at a good level at the end of the quarter. Earnings from sales of new cars amounted to MSEK 21 (-8). The Car Business in Norway reported operational earnings of MSEK 12 (20). Earnings from sales of used cars amounted to MSEK 6 (19). The lower earnings were attributable to a lower gross margin related to the large supply of cars in the market. The inventory of used cars was considered to be at a good level at the end of the quarter. Earnings from sales of new cars amounted to MSEK 7 (1). The higher earnings were attributable to increased deliveries of new cars. The market for new cars in Norway was characterised by intense price competition during the quarter. The Car Business in Western Europe reported operation- al earnings of MSEK 20 (23). Earnings from sales of used cars amounted to MSEK 3 (3). Earnings from sales of new cars amounted to MSEK 17 (20). CAR BUSINESS Deliveries of used cars by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025Number of 2026 2025 2026 2025 Sweden 1) 8,599 9,403 26,390 28,319 34,399 36,328 Norway 2,932 3,097 8,844 9,810 12,002 12,968 Western Europe 926 794 2,887 2,676 3,604 3,393 Total 12,457 13,294 38,121 40,805 50,005 52,689 1) Acquired operations were included in deliveries with 5 units during the quarter and 130 units during the first nine months of the year. Divested operations were included in deliveries with 24 units during the first nine months. 13 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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CAR BUSINESS Turnover by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Sweden 5,003 5,146 15,137 15,328 19,889 20,080 Norway 1,977 1,728 5,959 5,619 8,244 7,903 Western Europe 949 892 2,964 3,106 3,795 3,937 Total 7,929 7,766 24,060 24,053 31,927 31,920 Operational earnings by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Sweden 67 38 147 97 159 109 Norway 12 20 43 63 88 108 Western Europe 20 23 115 114 163 161 Total 99 81 305 274 409 377 Margin by geographic market Third quarter Nine months Oct 25– Sept 26 Full year 2025Per cent 2026 2025 2026 2025 Sweden 1.3 0.7 1.0 0.6 0.8 0.5 Norway 0.6 1.2 0.7 1.1 1.1 1.4 Western Europe 2.1 2.6 3.9 3.7 4.3 4.1 Total 1.2 1.0 1.3 1.1 1.3 1.2 14 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Drivmedelsaffären Changes in fuel prices affected the Fuel Business Turnover and earnings Third quarter 2026 The Fuel Business comprises fuel stations and car wash facilities and is concentrated in Sweden. Operational earnings for the quarter amounted to MSEK 10 (7). Dur- ing the quarter, fuel volumes sold were lower than in the previous year, while turnover and operational earnings were positively affected by higher fuel prices. Third quarter 2026 • Turnover amounted to MSEK 207 (192), an increase of 8 per cent. • Operational earnings amounted to MSEK 10 (7). • The margin was 4.7 per cent (3.5). Nine months 2026 • Turnover amounted to MSEK 628 (585), an increase of 7 per cent. • Operational earnings amounted to MSEK 32 (28). • The margin was 5.0 per cent (4.7). /zero.tf /one.tf/zero.tf/zero.tf /two.tf/zero.tf/zero.tf /three.tf/zero.tf/zero.tf Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Turnover MSEK Turnover Turnover MSEK, R/one.tf/two.tf /zero.tf /five.tf/zero.tf/zero.tf /one.tf,/zero.tf/zero.tf/zero.tf /one.tf,/five.tf/zero.tf/zero.tf /zero.tf /five.tf /one.tf/zero.tf /one.tf/five.tf /two.tf/zero.tf /two.tf/five.tf Q/three.tf /two.tf/six.tfQ/two.tf /two.tf/six.tfQ/one.tf /two.tf/six.tfQ/four.tf /two.tf/five.tfQ/three.tf /two.tf/five.tfQ/two.tf /two.tf/five.tfQ/one.tf /two.tf/five.tfQ/four.tf /two.tf/four.tf Operational earnings MSEK Operational earnings and margin Margin %, R/one.tf/two.tf /zero.tf./zero.tf /two.tf./zero.tf /four.tf./zero.tf /six.tf./zero.tf FUEL BUSINESS Fuel Business Third quarter Nine months Oct 25– Sept 26 Full year 20252026 2025 2026 2025 Turnover, MSEK 207 192 628 585 820 778 Operational earnings, MSEK 10 7 32 28 40 36 Margin, per cent 4.7 3.5 5.0 4.7 4.9 4.6 15 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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In the 2025 Annual Report, Bilia prepared a sustainability report in accordance with the CSRD, describing Bilia’s material areas. The following section describes how we work with social sustainability. In the next interim report, we will describe our work relating to corporate governance. Bilia’ s material social sustainability areas The following areas were identified as mate- rial within social sustainability: • Own workforce • Workers in the value chain A review was carried out in 2026, and within the own workforce area, ‘Balance between demands and resources’ will be replaced by ‘Skills supply’, which takes into account the long-term risk of securing the right skills to meet the needs of the industry. Work relating to the own workforce Our work relating to the own workforce is based on Bilia’s internal strategy, which is founded on strong leaders. We work con- tinuously to strengthen our leadership, for example through development initiatives, succession planning and internal mobility. Work environment Bilia’s work environment activities are con- ducted systematically and in close coopera- tion with our employees. In the physical work environment, safety inspections and risk assessments are carried out at facility level, while incidents and near misses are recorded and followed up. This work is continuously Sustainability SUST AINABILITY developed through improvement initiatives in areas such as digitalisation, controls, train- ing, technical aids, and the development of working procedures and system support. The organisational and social work en- vironment is followed up through meas- ures including employee performance reviews, work environment inspections and regular employee surveys. In our two largest markets, Sweden and Norway, we measure employee engage- ment, development and job satisfaction every month through Bilia Pulse. In West- ern Europe, an annual employee survey is conducted, which will be replaced by Bilia Pulse in 2027 . The results of the employee surveys are used to identify improve- ments and develop local action plans to strengthen engagement, pride, job satis- faction and personal development. Gender equality Bilia works to create an inclusive work- place where all employees are given equal opportunities to develop and contribute. Particular emphasis is placed on increasing gender equality, which remains a challenge in the automotive industry. Leaders and HR work to ensure compliance with Bilia’s recruitment policy, which states that women with relevant skills are to be included in the recruitment process and selected where qualifications are equal. Bilia’s corporate culture, values and Code of Conduct provide a secure foundation for actively promoting gender equality in day-to-day operations. Activities in 2026 relating to the own workforce During 2026, work is under way to develop a new leadership programme for the Service Business in order to strengthen leadership, increase employee engagement and con- tribute to long-term, sustainable profitability. The proportion of women in Sweden has increased to 19 per cent in the year to date, reflecting our continued efforts to improve gender equality. In Norway, we are seeing positive development in the proportion of women in car sales, which has increased to 20 per cent during the year. Work relating to workers in the value chain Our work with suppliers is based on Bilia’s Supplier Code of Conduct, which is founded on internationally recognised principles for human and labour rights. Bilia’s purchasing policy stipulates that we enter into agree- ments with suppliers and that they approve Bilia’s Supplier Code of Conduct. When new central agreements are entered into, suppliers are also required to complete a self-assessment questionnaire covering ESG matters. This self-assessment subsequently forms the basis for the supplier risk assess- ment. Activity in 2026 relating to workers in the value chain During 2026, work is under way to update the self-assessment forms in preparation for the forthcoming CSDDD legislation. Proud employees Our employees should be proud to contribute to a better experience for our customers. Satisfied customers Our customers should enjoy a better experience thanks to a caring approach. Satisfied shareholders Our shareholders should be happy with the return on their investment in Bilia shares. Strong leadership Our leaders shall embody value-driven, performance-oriented leadership with a focus on engagement and competence. Bilia’s road to success Our Vision: To be the best service company in the business through consideration for our customers, colleagues and the world we live in. 16 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUST AINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Risks and opportunities Risks and risk takings are a natural part of Bilia’s business operations. A good understanding of the risks togeth- er with an efficient way of identifying, evaluating and managing the risks are important for Bilia’s short-term and long-term success. Bilia has a formal yearly process at Group level to identify, plan and reduce identified risks in the business. Please refer to the annual report for a description of the risks and Bilia’s risk management. With the exception of the current uncertainty regard- ing the introduction of trade tariffs between different countries, events that have transpired in the wider world since publication of the annual report are not deemed to entail any new material risks or changes in working meth- ods compared with the description in the annual report for 2025. It is not possible to estimate the impact of the geopolitical uncertainty on Bilia’s future operations, how- ever, a potential negative impact cannot be ruled out. Seasonal variations and number of working days Bilia’s business and operating profit are affected by seasonal variations to a limited extent. The number of working days for the reporting periods is affected by when national holidays fall in different years. Business and operating profit in mainly the Service Business, but also the Car Business, are affected by the number of working days. Related party transactions For a description of related party transactions, see page 149, Note 30 of the 2025 Annual Report. Parent Company Bilia AB is responsible for the Group’s management, strategic planning, purchasing, public relations, business development, legal, marketing, HR, real estate activities, accounting and financing. Annual General Meeting 2026 The Annual General Meeting was held on 29 April 2026. The AGM decided on a dividend of SEK 6.00 (5.60) per share to be paid in four instalments of SEK 1.50 per share. The dividend represents 73 per cent of earnings per share which is in accordance with Bilia’s dividend policy to distribute at least 50 per cent of earnings per share. The coming record date is 7 January 2027 and payment is expected to take place on 12 January 2027 . Other information VISION AND BUSINESS IDEA CULTURE AND CORE VALUES CUSTOMER PROMISE A better experience. Our general goal is to create an experience that ex- ceeds the customer’s expectations, and adds value that distinguishes Bilia from its competitors. Dedication, Competence, Genuine, Respect. At Bilia we are engaged in the meeting with custom- ers, with each other and with suppliers. Competence gives solutions and suggestions that benefit the cus- tomer the most. Being genuine and showing respect build confidence in Bilia and our employees. The best service company in the business – through consideration for customers, colleagues and the world we live in. Bilia will create a sustainable business through consid- eration and pride by offering attractive and innova- tive solutions for the mobile human being. OTHER INFORMA TION 17 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMA TION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Consolidated Statement of Income and Other Comprehensive Income, Summary Räkenskaper koncernen ACCOUNTS – GROUP Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Net turnover 9,961 9,717 30,482 30,204 40,690 40,413 Costs of goods sold –8,289 –8,169 –25,287 –25,370 –33,628 –33,711 Gross profit 1,671 1,548 5,194 4,834 7,062 6,702 Other operating income 4 38 19 77 24 82 Selling and administrative expenses –1,332 –1,289 –4,162 –3,988 –5,656 –5,482 Other operating expenses –2 –10 –13 –14 –18 –19 Result from interests in joint ventures –15 –3 –21 –8 –25 –12 Operating profit 1) 326 284 1,018 901 1,388 1,271 Financial income 8 3 18 9 24 15 Financial expenses –105 –107 –313 –333 –421 –441 Result from interests in associated companies 20 19 59 55 83 78 Profit before tax 248 199 782 632 1,073 923 Tax –62 –8 –173 –99 –237 –163 Net profit for the period 185 191 609 532 837 760 Other comprehensive income Items that will not be reclassified to the income statement Remeasurements of defined benefit pension plans 0 — –1 — 2 4 Items that can be reclassified to the income statement Translation differences attributable to foreign operations 105 –9 223 –75 162 –135 Change in fair value of cash flow hedges, net after tax 16 7 25 14 22 10 Share of OCI related to joint ventures 1 2 0 1 0 0 Other comprehensive income after tax 122 0 248 –60 185 –121 Comprehensive income for the period 307 191 857 473 1,022 638 Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Net profit attributable to: – Parent Company's shareholders 185 191 609 532 837 760 – Non-controlling interests 0 0 0 0 0 0 Comprehensive income attributable to: – Parent Company's shareholders 307 191 857 473 1,022 638 – Non-controlling interests 0 0 0 0 0 0 Basic earnings per share, SEK 2.02 2.07 6.64 5.76 9.10 8.22 Diluted earnings per share, SEK 2.01 2.06 6.59 5.73 9.04 8.17 Average number of shares, '000 91,727 92,554 91,809 92,548 91,974 92,527 Average number of shares, after dilution, '000 92,466 93,153 92,463 93,044 92,608 93,042 1) Amortisation and depreciation according to plan by asset class: – Intellectual property –44 –57 –150 –165 –205 –221 – Land and buildings –34 –27 –98 –86 –132 –120 – Equipment, tools, fixtures and fittings –42 –37 –122 –108 –158 –144 – Leased vehicles –84 –60 –231 –189 –301 –259 – Right-of-use assets –210 –204 –626 –595 –832 –801 Total –414 –386 –1,225 –1,144 –1,628 –1,546 18 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Consolidated Statement of Financial Position, Summary Statement of Changes in Group Equity, Summary ACCOUNTS – GROUP MSEK 30 Sept 2026 31 Dec 2025 30 Sept 2025 Assets Non-current assets Intellectual property 716 830 881 Goodwill 1,683 1,615 1,632 Leased vehicles 2,622 1,839 1,836 Right-of-use assets 5,348 5,410 5,403 Other tangible assets 2,098 1,972 2,021 Financial assets 822 843 829 Deferred tax assets 47 41 40 Total non-current assets 13,336 12,550 12,643 Current assets Inventories 5,177 5,022 4,799 Other receivables 2,495 2,219 2,504 Cash and cash equivalents 658 438 868 Total current assets 8,329 7,679 8,172 TOTAL ASSETS 21,665 20,229 20,814 Equity and liabilities Equity 5,266 5,004 4,903 Non-current liabilities Bond issue 1,594 1,593 1,592 Interest-bearing liabilities 1,118 949 1,112 Lease liabilities 4,702 4,728 4,784 Other liabilities and provisions 1,770 1,183 1,017 Deferred tax liabilities 452 477 501 Total non-current liabilities 9,635 8,929 9,007 Current liabilities Bond issue — — 500 Interest-bearing liabilities 571 512 617 Lease liabilities 1,086 1,085 1,012 Other liabilities and provisions 5,107 4,699 4,775 Total current liabilities 6,764 6,296 6,904 TOTAL EQUITY AND LIABILITIES 21,665 20,229 20,814 MSEK Nine months 2026 Full year 2025 Nine months 2025 Opening balance 5,004 4,937 4,937 Decided dividend –550 –518 –518 Incentive program 15 16 13 Repurchased own shares –59 –57 — Revaluation of call/put option — –16 –5 Use of own shares in custody as payment for acquisition of operations — 4 4 Comprehensive income for the period 857 638 473 Equity at end of the period 5,266 5,004 4,903 Equity attributable to: – Parent Company's shareholders 5,266 5,004 4,903 – Non-controlling interests 0 0 0 19 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Consolidated Statement of Cash Flows ACCOUNTS – GROUP Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Operating activities Profit before tax 248 199 782 632 1,073 923 Depreciation and impairment losses 414 391 1,224 1,157 1,615 1,548 Other items not affecting cash –26 –88 –121 –211 –150 –240 Tax paid –81 –89 –257 –238 –235 –216 Change in inventories –95 386 71 447 –191 185 Change in operating receivables 304 127 –203 –20 –102 81 Change in operating liabilities 77 –330 793 –235 1,099 70 Cash flow from operating activities 842 596 2,290 1,531 3,110 2,351 Investing activities Acquisition of non-current assets –74 –127 –285 –323 –360 –397 Disposal of non-current assets 4 304 9 315 11 316 Acquisition of leased vehicles –474 –231 –1,702 –940 –2,117 –1,354 Disposal of leased vehicles 181 249 734 850 1,076 1,192 Operating cash flow 479 792 1,045 1,433 1,720 2,108 Net change in financial assets –39 –130 –1 56 59 115 Acquisition of operations 0 –321 0 –384 4 –379 Divestment of operations — 0 48 245 48 245 Cash flow from investing activities –401 –256 –1,198 –180 –1,279 –261 Financing activities Proceeds from borrowings — 3 — 811 5 816 Repayment of borrowings –1 0 –40 0 –551 –511 Amortisation of lease liabilities –198 –209 –602 –577 –799 –773 Net change in short-term credit facilities 161 437 276 –641 –12 –929 Repurchase of own shares — — –59 — –116 –57 Dividend paid to the company's shareholders –138 –130 –404 –412 –534 –541 Cash flow from financing activities –176 101 –830 –819 –2,006 –1,996 Change in cash and cash equivalents, excl. exchange differences 265 442 262 532 –175 94 Exchange differences in cash and cash equivalents –21 –3 –42 6 –35 14 Change in cash and cash equivalents 243 439 220 538 –210 107 Cash and cash equivalents at start of period 415 428 438 331 868 331 Cash and cash equivalents at end of period 658 868 658 868 658 438 Specification of interest-bearing net debt and EBITDA Specification of interest-bearing net debt MSEK 30 Sept 2026 31 Dec 2025 30 Sept 2025 Current interest-bearing liabilities 762 744 1,276 Non-current interest-bearing liabilities 2,979 2,805 3,010 Lease liabilities IFRS 16 5,391 5,380 5,395 Cash and cash equivalents –658 –438 –868 Interest-bearing assets –84 –103 –129 Shares in associated companies –786 –766 –743 Net debt at end of the period 7,6 0 4 7,62 2 7,94 0 Net debt at end of the period, excluding IFRS 16 2,213 2,242 2,545 Net debt in relation to EBITDA MSEK Oct 25– Sept 26 Full year 2025 Oct 24– Sept 25 Operating profit 1,388 1,271 1,252 Divestment of operations and properties, structural costs, acquisition costs and impairment losses 27 –28 –35 Total depreciation and amortisation 1,628 1,546 1,517 – depreciation of leased vehicles with repurchase agreements –273 –235 –223 EBITDA 2,770 2,553 2,512 Net debt to EBITDA ratio, times 2.7 3.0 3.2 Operating profit excluding IFRS 16 1,215 1,195 1,186 Divestment of operations and properties, structural costs, acquisition costs and impairment losses 27 –28 –35 Total depreciation and amortisation 1,628 1,546 1,517 – depreciation of leased vehicles with repurchase agreements –273 –235 –223 – depreciation of right-of-use assets IFRS 16 –733 –706 –695 EBITDA excluding IFRS 16 1,864 1,772 1,751 Net debt to EBITDA ratio excluding IFRS 16, times 1.2 1.3 1.5 20 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Note 1 Accounting principles This interim report has been prepared in accordance with Inter- national Financial Reporting Standards (IFRS), IAS 34 and appli- cable provisions of the Annual Accounts Act. The interim report for the Parent Company has been prepared in accordance with the Annual Accounts Act and RFR2. The same accounting poli- cies and calculation methods have been applied for the Group and the Parent Company as in the most recent Annual Report. IFRS 18 Presentation and Disclosure in Financial Statements replaces IAS 1 Presentation of Financial Statements for financial years beginning on or after 1 January 2027 . The impact of the application of the new standard on Bilia’s financial statements is currently being assessed. Otherwise, no new or amended standards that have not yet entered into force are expected to have any material effect on the Group’s financial statements. Disclosures in accordance with IAS 34, paragraph 16 A, are made not only in the financial statements and related notes, but also in other parts of this interim report. Figures in the interim report are rounded, which is why notes and tables may not add up. Note 2 Financial instruments Valuation principles and classifications of Bilia’s financial instru- ments as described in the annual report for 2025 have been applied consistently during the reporting period. To hedge electricity costs, Bilia has decided to use electricity derivatives to even out price variations on the electricity market. Bilia hedges gradually up to five years and builds up the volume of electricity contracts for each delivery date. The hedges meet the requirements for effectiveness, which means that the changes in value are recognised in other comprehensive income. The forward agreements used to hedge contracted purchases of electricity are classified as cash flow hedges and amounted to a net receivable of MSEK 31. Bilia’s financial instruments in the form of currency deriv- atives are valued at fair value over the statement of income and are valued according to valuation level 2. The value of the currency derivatives was not material and did not constitute a significant item in the statement of financial position for the Group. Valuation of the currency derivatives at fair value has resulted in a cost of MSEK 0, which was matched by an income for the revaluation of assets in foreign currency. The effect on the Group’s result was therefore MSEK 0. Bilia’s financial instruments valued at fair value over equity consist of put/call options issued in connection with acqui- sitions and are valued at fair value based on future exercise price according to valuation level 3. The option is reported as provisions in the statement of financial position and amounted to MSEK 73. Tilläggsupplysningar ADDITIONAL DISCLOSURES – GROUP Note 3 Reconciliation of operational earnings with operating profit During the second quarter 2026 structural costs amounting to MSEK 3 were reported relating to the closure of a repair shop in Sweden. During the first quarter 2026, Bilia divested some minor operations with a profit of MSEK 6 and at the same time, Bilia had structural costs of MSEK 5 related to downsizing of personnel and closure of a fuel station in Sweden. In 2025, Bilia divested the truck operations regarding Mercedes-Benz with a profit of MSEK 27 . In 2025, Bilia also divested properties in Sweden which are leased back. The result from the divestment of properties amounted to MSEK 34. The divestment had a positive effect on cash flow amounting to MSEK 303. Structural costs in 2025 is related to an efficiency program and mainly refers to personnel cost. The program is expected to generate annual savings of around MSEK 150. Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Operational earnings 380 310 1,173 1,002 1,622 1,452 – Result from divestment of operations 0 –1 6 27 6 27 – Result from divestment of properties — 35 — 35 –1 34 – Acquisition-related costs and value adjustments 0 –6 1 –8 –1 –10 – Structural costs 0 — –8 — –31 –23 – Amortisation and impairment losses of surplus values –39 –51 –133 –147 –183 –197 – Result from interests in joint ventures –15 –3 –21 –8 –25 –12 Operating profit 326 284 1,018 901 1,388 1,271 21 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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ADDITIONAL DISCLOSURES – GROUP Note 4 Group’s operating segments Segment reconciliation mainly refer to the elimination of internal sales from the Service Business to the Car Business but also include central functions such as purchasing, public relations, business development, legal, marketing, HR, real estate, accounting and financing. Third quarter Service Car Fuel Corporate functions Eliminations Group MSEK 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 External sales 1,780 1,741 7,929 7,766 207 192 45 18 — — 9,961 9,717 Internal sales 661 549 — — — — 320 296 –982 –844 — — Depreciation/amortisation excl. of surplus values –143 –140 –208 –171 –2 –1 –23 –21 — — –376 –334 Operational earnings 293 233 99 81 10 7 –21 –11 — — 380 310 Result from divestment of operations 0 –1 0 –1 — — — — — — 0 –1 Result from divestment of properties — 18 — 18 — — — — — — — 35 Acquisition-related costs and value adjustments 0 –3 0 –3 — — — — — — 0 –6 Structural costs 0 — 0 — — — 0 — — — 0 — Amortisation of surplus values –17 –25 –22 –26 — — — — — — –39 –51 Result from interests in joint ventures — — — — — — –15 –3 — — –15 –3 Operating profit, Group 326 284 Service Car Third quarter Sweden Norway Western Europe Total Sweden Norway Western Europe Total MSEK 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 External sales 1,174 1,177 438 396 168 168 1,780 1,741 5,003 5,146 1,977 1,728 949 892 7,929 7,766 Internal sales 378 355 239 161 44 33 661 549 — — — — — — — — Depreciation/amortisation excl. of surplus values –99 –99 –36 –33 –8 –8 –143 –140 –161 –131 –40 –34 –7 –6 –208 –171 Operational earnings 220 190 53 24 19 19 293 233 67 38 12 20 20 23 99 81 Result from divestment of operations — –1 0 — — — 0 –1 — –1 0 — — — 0 –1 Result from divestment of properties — 18 — — — — — 18 — 18 — — — — — 18 Acquisition-related costs and value adjustments — –3 — — 0 0 0 –3 — –3 — — 0 0 0 –3 Structural costs 0 — — — — — 0 — 0 — — — — — 0 — Amortisation of surplus values –10 –14 –4 –4 –3 –7 –17 –25 –15 –16 –4 –3 –2 –6 –22 –26 22 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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cont note 4 Nine months Service Car Fuel Corporate functions Eliminations Group MSEK 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 External sales 5,704 5,517 24,060 24,053 628 585 90 50 — — 30,482 30,204 Internal sales 2,078 1,737 — — — — 982 887 –3,060 –2,624 — — Depreciation/amortisation excl. of surplus values –426 –410 –593 –520 –5 –4 –68 –62 — — –1,092 –996 Operational earnings 943 796 305 274 32 28 –108 –95 — — 1,173 1,002 Result from divestment of operations 3 13 3 13 — — — — — — 6 27 Result from divestment of properties — 18 — 18 — — — — — — — 35 Acquisition-related costs and value adjustments 0 –4 0 –4 — — — — — — 1 –8 Structural costs –4 — –1 — –1 — — — — — –8 — Amortisation of surplus values –59 –74 –74 –73 — — — — — — –133 –147 Result from interests in joint ventures — — — — — — –21 –8 — — –21 –8 Operating profit, Group 1,018 901 Service Car Nine months Sweden Norway Western Europe Total Sweden Norway Western Europe Total MSEK 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 External sales 3,836 3,718 1,358 1,282 510 517 5,704 5,517 15,137 15,328 5,959 5,619 2,964 3,106 24,060 24,053 Internal sales 1,248 1,135 727 517 104 86 2,078 1,737 — — — — — — — — Depreciation/amortisation excl. of surplus values –297 –286 –106 –102 –23 –23 –426 –410 –465 –399 –107 –103 –21 –19 –593 –520 Operational earnings 688 597 191 129 64 70 943 796 147 97 43 63 115 114 305 274 Result from divestment of operations 2 13 1 — — — 3 13 2 13 1 — — — 3 13 Result from divestment of properties — 18 — — — — — 18 — 18 — — — — — 18 Acquisition-related costs and value adjustments — –4 — — 0 0 0 –4 — –5 — — 0 0 0 –4 Structural costs –4 — — — — — –4 — –1 — — — — — –1 — Amortisation of surplus values –33 –39 –12 –13 –14 –22 –59 –74 –50 –43 –12 –11 –11 –19 –74 –73 23 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Note 5 Acquisitions and divestments of operations Divestments in 2026 During the first quarter 2026, Bilia divested some minor opera- tions with a profit of MSEK 6. The divestments have not had any significant impact on the Group’s financial position. Acquisitions in 2025 On 27 August 2024, Bilia reached an agreement to acquire Lunds Bil i Varberg AB. The business is conducted in one facility in Varberg and is a full-service facility with sales and service of BMW. During the 2023/24 financial year, turnover amount- ed to approximately MSEK 178 with an operating margin of 4.5 per cent. The number of employees was 17 people at the end of 2024. The purchase price on a debt and cash-free basis amounts to approximately MSEK 90 and consists of cash and 28,000 Bilia shares. Acquired customer relations amounts to MSEK 18 and are amortised over 10 years. Acquired goodwill amounts to MSEK 22. The acquisition was effectuated on 3 March. On 22 May, Bilia announced that an agreement had been reached to acquire BRK Lastvagnar Holding AB, owner of Tage Rejmes Lastvagnar AB and Tage Rejmes i Örebro Lastvagnar AB. The companies’ operations consist of sales and service with related services for Volvo Trucks. The operations are conducted in nine facilities in central Sweden. During the 2024 financial year, sales amounted to approximately MSEK 1,000, with an operating margin of 4.5 percent. The number of employees was approxi- mately 160 people. The purchase price on a debt and cash-free basis amounts to MSEK 350 and was mainly financed through a divestment of properties in Sweden. The acquisition was effectu- ated on 1 July. On 18 August, Bilia announced that an agreement had been reached to acquire the business of Jaguar and Land Rover today conducted by Sandven AS. The business acquired includes sales of new and used cars as well as service operations and is conducted in a modern full-service facility with an attractive location in Bergen. During the 2024 financial year, Sandven AS sales amounted to approximately MNOK 280 with an operating margin of 3.5 per cent. The number of employees was 29 people at the end of 2024. The purchase price was MNOK 55 and acquired goodwill amounts to MSEK 10. The acquisition was effectuated on 20 September. In September, a final payment of MEUR 1 was made regard- ing the acquisition of Carlo Schmitz S.à r.l in 2024. Net assets in the acquired operations 2025 MSEK Intangible assets 167 Property, plant and equipment 31 Right-of-use assets 433 Deferred tax assets 2 Inventories 261 Trade receivables and other receivables 122 Cash and cash equivalents 77 Interest-bearing liabilities –498 Trade payables and other liabilities –149 Deferred tax liability –37 Net identifiable assets and liabilities 409 Consolidated goodwill 51 Net identifiable assets and liabilities, including goodwill 460 Purchase consideration paid –460 Less: Purchase consideration paid with own shares 4 Less: Cash and cash equivalents in acquired operations 77 Net effect on cash and cash equivalents –379 Divestments in 2025 On 16 December 2024, Bilia reached an agreement to divest the trucking business regarding Mercedes-Benz to Veho Import AB. The divestment concerns operations at eight facilities. In the last two years, the business that is being divested reported an average turnover of approximately MSEK 620 and an operational earnings of approximately MSEK 30. The purchase price amounts to MSEK 213 on a debt and cash-free basis. The divestment took place on 2 June and has not had any significant impact on the Group’s financial position. The divestment resulted in a profit before tax of MSEK 27. ADDITIONAL DISCLOSURES – GROUP 24 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Income Statement for Parent Company, Summary Räkenskaper moderbolaget Balance Sheet for Parent Company, Summary ACCOUNTS – PARENT COMPANY Third quarter Nine months Oct 25– Sept 26 Full year 2025MSEK 2026 2025 2026 2025 Net turnover 293 241 855 718 1,170 1,033 Other operating income 0 0 1 0 1 0 Administrative expenses –327 –259 –979 –826 –1,346 –1,193 Operating result 1) –33 –18 –123 –108 –175 –160 Result from financial items Result from interest in Group companies and joint ventures –10 81 –10 109 81 199 Interest income and similar line items 36 30 99 94 127 123 Interest expenses and similar line items –43 –47 –125 –149 –170 –194 Result after financial items –50 46 –159 –55 –137 –32 Appropriations — — — — 727 727 Result before tax –50 46 –159 –55 590 694 Tax 6 0 28 26 –107 –110 Net result for the period –44 46 –131 –29 483 585 1) Amortisation and depreciation according to plan by asset class: - Buildings –12 –10 –36 –30 –48 –42 - Equipment, tools, fixtures and fittings –1 –1 –3 –2 –4 –3 Total –13 –11 –39 –32 –53 –45 MSEK 30 Sept 2026 31 Dec 2025 30 Sept 2025 Assets Non-current assets Property, plant and equipment 405 380 391 Shares in Group companies 3,261 3,487 3,363 Receivables from Group companies 447 447 447 Other tangible assets 94 65 92 Total non-current assets 4,206 4,379 4,292 Current assets Receivables from Group companies 2,027 1,862 2,025 Other receivables 445 288 474 Cash and cash equivalents 342 155 507 Total current assets 2,814 2,305 3,006 TOTAL ASSETS 7,020 6,684 7,299 Equity and liabilities Equity 297 1,023 462 Untaxed reserves 1,568 1,568 1,582 Non-current liabilities Bond issue 1,594 1,593 1,592 Interest-bearing liabilities 956 756 900 Liabilities to Group companies 447 447 447 Other liabilities 116 116 130 Total non-current liabilities 3,113 2,911 3,069 Current liabilities Bond issue — — 500 Interest-bearing liabilities 2 34 214 Liabilities to Group companies 1,322 567 937 Other liabilities 718 581 534 Total current liabilities 2,042 1,182 2,186 TOTAL EQUITY AND LIABILITIES 7,020 6,684 7,299 25 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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KVARTALSÖVERSIKT QUARTERL Y REVIEW The Group Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Net turnover, MSEK 10,228 9,935 10,551 9,717 10,209 9,613 10,908 9,961 EBITDA, MSEK 692 613 620 586 734 668 706 662 EBITDA excl. IFRS 16, MSEK 492 409 413 437 513 440 477 433 Operational earnings, MSEK 420 344 348 310 450 382 411 380 Operational margin, % 4.1 3.5 3.3 3.2 4.4 4.0 3.8 3.8 Operating profit, MSEK 351 294 323 284 370 329 362 326 Operating margin, % 3.4 3.0 3.1 2.9 3.6 3.4 3.3 3.3 Profit before tax, MSEK 267 194 238 199 291 251 283 248 Profit/loss for the period, MSEK 195 149 192 191 227 194 230 185 Operating cash flow, MSEK 289 453 188 792 675 20 546 479 The ratio of net debt to EBITDA excl. IFRS 16, times 1) 1.7 1.7 1.6 1.5 1.3 1.4 1.3 1.2 Return on capital employed, % 1) 9.7 9.5 9.3 9.6 9.7 10.0 10.3 10.5 Return on equity, % 1) 13.8 13.5 13.4 15.0 15.5 16.2 17.0 16.5 Equity/assets ratio, % 24 25 23 24 25 25 23 24 Earnings per share, SEK 2.10 1.61 2.09 2.07 2.46 2.11 2.50 2.02 Equity per share, SEK 53 54 51 53 54 57 54 57 Average number of shares, '000 92,515 92,536 92,554 92,554 92,464 91,975 91,727 91,727 Outstanding number of shares, '000 92,526 92,554 92,554 92,554 92,108 91,636 91,727 91,727 Holdings of own shares, '000 3,774 3,746 3,746 3,746 4,192 4,663 4,573 4,573 1) Rolling 12 months. Business area – Service Business Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Turnover, MSEK 2,751 2,539 2,417 2,290 2,836 2,645 2,695 2,442 Operational earnings, MSEK 374 310 252 233 395 328 323 293 Margin, % 13.6 12.2 10.4 10.2 13.9 12.4 12.0 12.0 Reported growth, % 10.7 7.4 –2.3 7.2 3.1 4.2 11.2 6.6 Organic growth, % 6.5 4.9 –0.7 4.1 2.1 3.1 5.2 2.9 Business area – Car Business Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Turnover, MSEK 7,909 7,798 8,489 7,766 7,867 7,428 8,703 7,929 Operational earnings, MSEK 80 57 136 81 104 65 141 99 Margin, % 1.0 0.7 1.6 1.0 1.3 0.9 1.6 1.2 Return on capital employed excl. IFRS 16, % 1) 4.4 4.0 3.9 4.0 4.2 4.4 4.3 4.4 Capital employed excl. IFRS 16, MSEK 7,371 7,263 7,126 7,282 7,083 7,373 7,068 7,271 New cars delivered, number 12,050 10,205 12,729 10,723 13,680 11,616 14,468 12,503 Order backlog of new cars, number 11,132 14,174 11,782 12,526 13,516 17,573 16,621 18,654 Used cars delivered, number 12,544 13,790 13,719 13,294 11,884 12,260 13,404 12,457 Business area – Fuel Business Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Turnover, MSEK 212 198 195 192 193 193 228 207 Operational earnings, MSEK 8 15 6 7 8 21 1 10 Margin, % 3.6 7.6 3.0 3.5 4.3 11.1 0.2 4.7 26 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Bilia applies guidelines from ESMA (European Securities and Markets Authority) concerning alternative perfor- mance measures (APMs). Even though these perfor- mance measures are not defined or specified by IFRSs, Bilia believes that they provide valuable information to investors and Bilia’s management as a complement to IFRSs for assessing Bilia’s performance. Acquisition-related costs and value adjustments Pertains to costs for legal consultants and other external costs associated directly with an acquisition. Amortisation of surplus values Occurs in connection with acquisitions of operations and is recognised under intangible assets. Capital employed Balance sheet total less non-interest-bearing liabilities and provisions as well as deferred tax liabilities. Capital employed Car Business Balance sheet total for the Car Business less non-inter- est-bearing liabilities and provisions as well as deferred tax liabilities. Capital employed for the Car Business comprises assets and liabilities directly attributable to the operations as well as shared assets and liabilities allo- cated to the Car Business based on allocation keys. Comparable operations Financial information and number of units that are ad- justed for operations that have been acquired or divest- ed during one of the periods. Deliveries Cars that have been physically turned over to the custom- er, invoiced and are included in reported net turnover. EBITDA Operational earnings plus total depreciation/amortisa- tion less amortisation of surplus values and depreciation of leased vehicles with repurchase agreements. Equity/assets ratio Equity in relation to balance sheet total. Excluding IFRS 16 Information in accordance with accounting standards before the introduction of IFRS 16 Leases. Growth Increase or decrease of net turnover in relation to the previous year. Net debt Net debt consists of interest-bearing liabilities less cash and cash equivalents, interest-bearing current and long- term receivables, interests in associated companies and leased vehicles. Performance measures that include interest-bearing liabilities are calculated excluding the effect of transaction costs and premium calculated according to the effective interest method. Operating cash flow Cash flow from operating activities plus investments in and disposals of intangible assets and property, plant and equipment. Operating margin Operating profit in relation to net turnover. Operational earnings Operating profit, excluding revenues and costs that affect comparability and excluding result from interests in joint ventures. Revenues and costs that affect comparability between accounting periods and/or operating segments include, but are not limited to, acquisition-related expens- es, value adjustments, restructurings and amortisation of surplus values. Operational margin Operational earnings in relation to net turnover. For the business areas the operational margin is called “Margin”. Order backlog New cars ordered by the customer but not yet delivered. Organic growth Net turnover adjusted for operations that have been acquired or disposed of during one of the periods. Adjust- ment is also made for exchange rate differences and for calendar effect. Result from divestment of operation Difference between purchase price and the operation’s consolidated carrying amount, less selling costs. Return on capital employed Operating profit plus financial income in relation to aver- age capital employed. Return on equity Net profit for the year in relation to average equity. Service subscriptions Service subscriptions where customers have or are thought to have their servicing done at a Bilia facility. Structural costs Costs that significantly alter the thrust and/or scope of the operations. Examples of structural costs may be costs for reducing the number of employees and costs for vacating a leased facility before the expiration of the lease. Underlying values Values that are adjusted for operations that have been acquired, started or divested of during one of the periods. Adjustment is made for exchange rate differences, where applicable. Reconciliation of performance measures can be found at bilia.com/en/investors/alternative-key-figures/ Definitions and performance measures DEFINITIONS AND PERFORMANCE MEASURES 27 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Press and analyst meeting Bilia arranges a press and analyst meeting on Friday 23 October 2026, where CEO Per Avander, CFO Kristina Franzén and Investor Relations Carl Fredrik Ewetz will present the report and answer questions. The presentation starts at 09:00 CEST. If you wish to participate via webcast, please use the link below. Via the webcast you can ask written questions. https://bilia.events.inderes.com/q3-report-2026 If you wish to participate via teleconference, please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference. https://events.inderes.com/bilia/q3-report-2026/dial-in Contact For further information please contact: Carl Fredrik Ewetz, Investor Relations +46 (0) 10 497 07 73, carl.fredrik.ewetz@bilia.se Per Avander, Managing Director and CEO +46 (0)10 497 70 00, per.avander@bilia.se Kristina Franzén, CFO +46 (0)10 497 73 40, kristina.franzen@bilia.se Prospective information Prospective information in this report is based on manage- ment’s expectations at the time of the report. Even if the Board of Directors and management find the expectations to be reasonable, there is no guarantee that these expec- tations are or will turn out to be correct. Consequently, future outcomes may vary considerably compared with those foreseen in the prospective information due to such circumstances as a changed market situation for the Group’s services or more generally changed conditions re- lating to the economy, markets and competition, changes in legal requirements and other political measures, as well as fluctuations in exchange rates. The company does not undertake to update or correct such prospective informa- tion other than what is stipulated by law. Gothenburg 23 October 2026 Per Avander Managing Director and CEO Translation This document is a translation of the Swedish original. In the event of any discrepancies between this translation and the Swedish original, the latter should prevail. Calendar Year-end Report October–December 2026: 5 February 2027 Interim Report January–March 2027: 28 April 2027 Annual General Meeting 2027: 28 April 2027 Interim Report April –June 2027: 20 July 2027 Interim Report July–September 2027: 26 October 2027 Additional disclosures This is information that Bilia AB (publ) is obliged to make public pursuant to the EU’s Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, on 23 October 2026, at 08:00 CEST. ADDITIONAL DISCLOSURES 28 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Auditor´s Review report Bilia AB (publ) corp. id. 556112-5690 Introduction We have reviewed the condensed interim financial in- formation (interim report) of Bilia AB as of 30 September 2026 and the nine-month period then ended. The Board of Directors and the Managing Director are responsible for the preparation and presentation of this interim re- port in accordance with IAS 34 and the Annual Accounts Act. Our responsibility is to express a conclusion on this interim report based on our review. Scope of review We conducted our review in accordance with Interna- tional Standard on Review Engagements ISRE 2410 Review of Interim Financial Information Performed by the Independent Auditor of the Entity. A review of interim financial information consists of making inquiries, pri- marily of persons responsible for financial and account- ing matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Stand- ards on Auditing and other generally accepted auditing practices and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our atten- tion that causes us to believe that the interim report is not prepared, in all material respects, for the Group in accordance with IAS 34 and the Annual Accounts Act, and for the Parent Company in accordance with the Annual Accounts Act. Gothenburg 23 October 2026 Öhrlings PricewaterhouseCoopers AB Fredrik Göransson Rebecka Alfredsson Authorized Public Accountant Authorized Public Accountant Auditor in charge This document is a translation of the Swedish original. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail. 29 (30) BILIA AB | INTERIM REPORT 1 JANUARY–30 SEPTEMBER 2026 THE MANAGING DIRECTOR’S COMMENTS | GROUP RESULTS | NOTABLE EVENTS | GROWTH STRATEGY | SERVICE BUSINESS | CAR BUSINESS | FUEL BUSINESS | SUSTAINABILITY | OTHER INFORMATION ACCOUNTS GROUP | ADDITIONAL DISCLOSURES GROUP | ACCOUNTS PARENT COMPANY | QUARTERL Y REVIEW | DEFINITIONS AND PERFORMANCE MEASURES | ADDITIONAL DISCLOSURES
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Bilia is one of Europe’s largest full-service suppliers for everything related to car ownership, with a leading position in servicing and sales of cars, transport vehicles and trucks. We offer the car owner service, repair, fuel, car wash, rental cars, tyres and wheels, rim repair, car accessories, car care, paint work, windscreen replacements, car dismantling and more. Bilia has about 180 facilities in Sweden, Norway, Luxembourg and Belgium plus one online auction site in Sweden. Bilia’s Service Business comprises a well-developed range of services and service concepts that are continuously developed to simplify car ownership for the customers. Bilia offers accessories and spare parts, original services and repairs, tyre hotels, rim repair, car glass repair along with other workshop services, store sales and e-commerce. Bilia’s Car Business comprises sales of new and used cars, transport vehicles and trucks, plus supplementary services such as financing and insurance. Bilia sells cars from Volvo, BMW, Toyota, Mercedes-Benz, XPENG, Volkswagen, MINI, Nissan, Lexus, Porsche, Skoda, Audi, Seat, Cupra, Land Rover, Jaguar, Polestar, Lynk & Co as well as transport vehicles from Mercedes-Benz, Toyota, Volkswagen, Nissan and trucks from Volvo. Bilia’s Fuel Business comprises fuel sales and car washes in Sweden. Bilia AB (publ) Box 9003, SE-400 91 Gothenburg, Sweden Visiting address: Norra Långebergsgatan 3, Västra Frölunda Telephone: +46 (0)10 497 70 00 bilia.com Corporate ID No.: 556112-5690