Interim report
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INTERIM REPORT JULY 1 – SEPTEMBER 30, 202 6
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2026-10-22 BoMill AB | Q3 Report 2026 | 1 BoMill AB Summary of the third quarter (Q3 2026) BoMill AB, organization number 556556-4332 Product launches and R&D driving industry change and opening new customer segments Financial overview for the third quarter (July – September 2026) KSEK 2026 July-Sep 2025 July-Sep Net sales 5 754 127 Net income after financial items -2 644 -6 321 Net income per net weighted average share -0,02 -0,05 Cash flow during the period -755 -6 059 Cash and cash equivalents end of period 4 440 1 248 Equity/asset ratio 65% 31% After the end of the third quarter, BoMill entered into credit facilities of MSEK 5 with two shareholders to support, if required, the company’s financing. Financial overview for the first nine months (January – September 2026) KSEK 2026 Jan-Sep 2025 Jan-Sep Net sales 20 449 6 268 Net income after financial items -8 122 -13 243 Net income per net weighted average share -0,06 -0,11 Cash flow during the period 1 483 -15 931 Cash and cash equivalents end of period 4 440 1 248 Equity/asset ratio 65% 31% •
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2026-10-22 BoMill AB | Q3 Report 2026 | 2 Highlights during the third quarter • On Ju ly 3, BoMill launch ed a new high -capacity configuration of BoMill InSight ™, increasing the maximum sorting capacity from 15 up to 30 metric tons per hour while maintaining the same installation footprint. • On July 6, BoMill announced the outcome of the subscription in the warrant -based incentive program, with 100 percent of the warrants subscribed by employees. • On August 11, BoMill announced an organizational change to strengthen its commercial focus, with Denis Boissau taking the position of Regional Sale s Manager and Susana Jacobsson taking the position of Head of Marketing. • On September, 14, BoMill launched BoMill InSight™ HiFlex, entering the large-scale grain handling segment. The scalable solution can be tailored to customer s’ capacity and operational requirements, with an initial turnkey configuration capable of processing 200 metric tons of grain per hour. • The BoMill InSight™ installation in the US was successfully commissioned in September and has been in full operation since then. Installation of BoMill InSight™ in Saudi Arabia has been performed. The installations at Camgrain (UK), VIVESCIA ( France) and AB InBev (Mexico), commissioned in Q2, entered full operation in Q3, processing this year’s harvest. Highlights after the third quarter • On October 6, BoMill entered into a collaboration agreement with T H WHITE to accelerate growth in the UK grain market. • On Oct 9, BoMill launched a new website, designed to make it easier for all stakeholders to follow the company’s development. • On Oct 12, BoMill announced an additional APC order from US Malting Group worth USD 26,000.
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2026-10-22 BoMill AB | Q3 Report 2026 | 3 CEO COMMENT Broadening our market and building for growth “During the quarter, we broadened our addressable market through the launch of BoMill InSight™ HiFlex and continued developing our technology platform. Our expanding offering and stronger partnerships support the next phase of BoMill’s growth. Net sales for the first nine months increased compared with the same period last year, although challenging market conditions continued to delay customer investment decisions. We have built a substantial sales pipeline, and converting customer interest into new business remains our priority.” Advancing customer projects We are working on projects and maintaining ongoing dialogue with more than 50 prospective customers across our strategic geographical markets and industry segments. In each case , s pecific use cases have been identified, and these customers have seen BoMill InSight™ in operation through demonstrations, visits to existing customer installations or visits to our premises. As part of the sales process, customers also need to evaluate how the sorted wheat or barley performs in their own processes. For a flour mill, this involves developing a new flour blend to meet a typical customer specification and conducting baking tests to verify performance. These evaluations help confirm the operational and commercial value of our solution. The investment must also be included in the customer’s budgeting process and assessed alongside other investment priorities before approval, which influences the timing of an order. Entering large-scale grain handling In September, we launched BoMill InSight ™ HiFlex, expanding our addressable market to include large-scale grain terminals and high-volume grain handling operations, where higher sorting capacities are essential. Building on the modular design of BoMill InSight™, HiFlex can be configured to meet specific capacity and installation requirements. One option is a turnkey solution with a sorting capacity of 200 metric tons per ho ur, integrated into a 40 -foot container to simplify installation and commissioning and enable relocation between sites. The modular design also supports higher capacities and permanent installations integrated into existing industrial processes. Since the solution is built on our established technology platform, technical risk is considered low while offering significant commercial potential. Developed in response to customer demand, HiFlex has generated strong interest and ongoing dialogue with potential customers in large-scale grain handling.
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2026-10-22 BoMill AB | Q3 Report 2026 | 4 Developing our platform for long-term growth Our product development builds on the modular and upgradeable design of BoMill InSight™, with a focus on increasing customer value through deepening and broadening insight analyses of kernels, higher capacity, lower costs per sorted ton and simpler integration into industrial processes. Development of a new detector platform has started, with the aim to deepen and broaden the analytical capabilities of BoMill InSight™. The launch is tentatively planned for mid-2028. The platform is intended to enable sorting based on additional grain quality parameters and support a wider range of crops. This will further expand our offering to existing customers and create opportunities in new segments, including the seed industry. These developments support our long -term growth strategy, including opportunities for recurring revenue, as outlined in the business plan summary later in this report. Supporting commercial growth After the quart er, we announced a collaboration with T H WHITE in the UK, combining our technology with local expertise in grain processing, installation and commissioning. Such partnerships strengthen our market access and help reduce the resources customers need to implement our solutions. We also launched our new website and held our first live presentation with Investor Studios, making it easier for customers, partners and shareholders to follow BoMill’s development and strategic direction. We are now introducing regular quarterly interviews to further strengthen our dialogue with the investment community and other stakeholders. Market conditions and customer progress During the quarter, we recognized revenue from the sale of a BoMill InSight ™ system to our customer in Saudi Arabia and commissioned the US installation . After the quarter, the US customer placed an additional APC order, demonstrating the potential to develop customer relationships through upgrades and additional functionality. Geopolitical uncertainty and narrow price spreads between grain quality grades continue to affect customer ROI calculations and investment timing. Commercial progress remains below our expectations, and our focus is on supporting customers through their evaluations and investment decisions. With a broader offering, access to new customer segments and continued development of our modular platform, we are better positioned than ever to capture BoMill’s long -term growth opportunities. Andreas Jeppsson, CEO
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2026-10-22 BoMill AB | Q3 Report 2026 | 5 FINANCIAL OVERVIEW Results and financial position July – September 2026 Net sales for the third quarter amounted to KSEK 5 754 (127) , representing an increase compared to the same period last year, explained by two completed and commissioned installations in Q3 2026. Other operating income increased to KSEK 466 (2), mainly explained by the Eurostar funding where more time was spent dur ing the project end this year. During the third quarter, capitalized development amounted to KSEK 573 (0), related to development of the new detector platform. The result after financial items for the quarter was KSEK -2 644 (-6 321), with earnings per share at SEK -0,02 (-0,05). Cash flow in the third quarter was KSEK -755 ( -6 059) , an increase explained by stronger contribution from gross profit and a positive effect from working capital. At closing of the reporting period, BoMill’s cash position amounted to KSEK 4 440 (1 248). BoMill has entered into a short-term credit facility of MSEK 5 with the shareholder and board member Henrik Hedlu nd (MSEK 3) and the shareholder Ponderus Invest AB (MSEK 2) to support, if required, the financing of BoMill. The credit facility is available until March 15, 2027, and carries an annual interest of 10%, together with an arrangement fee of 2%. The credit facility has not yet been drawn upon. Investments During the period, investments in intangible assets amounted to KSEK 641 (75), where KSEK 68 (75) related to patents and KSEK 573 (0) to capitalized development costs. New investments were made in tangible assets amounting to KSEK 59 (132). Taxes Tax losses carried forward from previous years amount to KSEK 258 827, which may be utilized against future taxable profits. Tax effect from current year is not included. No deferred tax assets have been recognized as of September 30, 2026.
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2026-10-22 BoMill AB | Q3 Report 2026 | 6 Results and financial position January - September 2026 Net sales during the first nine months amounted to KSEK 20 449 (6 268) , explained by an increased amount of commissioned projects. Other operating income amounted to KSEK 1 318 (2 099), mainly explained by Eurostars funding for the collaboration project with GrainSense Oy announced in February 2025. Capitalized development amounted to KSEK 573 (0), related to development of the new detector platform. The net result after financial items for the first nine months amounted to KSEK -8 122 (-13 243), with earnings per share at SEK -0,06 (-0,11). Changes in distributor margins are affecting the net result after financial items compared to last year. Cash flow during the period amounted to KSEK 1 483 (-15 931), mainly explained by two share issues registered in Q1 2026 amounting to KSEK 11 257 together with increased sales compared to the same period last year. Investments During the period, investments in intangible assets amounted to KSEK 746 (171), where KSEK 173 (171) relates to patents and KSEK 573 (0) to capitalized development costs. Investments in tangible assets amounted to KSEK 59 (132).
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2026-10-22 BoMill AB | Q3 Report 2026 | 7 HIGHLIGHTS FROM THE FIELD Key industry events with a broader focus During the quarter, BoMill participated in several industry events across Europe and the Middle East, covering the grain trading, flour milling and malting sectors. At the European Brewery Convention Congress in Rotterdam, discussions explored how protein content in malting barley varies between varieties, harvest years and regions. A key takeaway was that average protein content alone does not provide a complete pict ure of grain quality. Nevertheless, the industry still largely relies on established qual ity management practices, with variation in raw material quality often accepted rather than actively addressed. This quarter, BoMill also broadened its focus by participating in events targeting grain traders. At the Baltic Grain Exchange in Copenhagen, an annual international grain trading and networking event, BoMill met with industry leaders and other stakeholders to introduce the recently launched BoMill InSight™ HiFlex to potential customers in large-scale grain handling. Key takeaways from discussions with industry experts included: BoMill participated in the IAOM MEA Flour Milling Forum in Amman, Jordan, and the IAOM Eurasia event for milling professionals in Tashkent, Uzbekistan. These events generated new contacts and potential customer opportunities in new regions, increased awareness of BoMill and provided valuable market insights. Engagment with prospects and customers As part of the aftermarket, we have close follow -ups with our customer after completed installations to make sure the BoMill solution operates as intended. During the second quarter our technical team visited both the plant in Mexico and in France. Both of the BoMill InSight™ are in full operation taking care of this year’s harvest. Besides the live -demo pe rformances held during industry events, BoMill has also visited Latvia, Lithuania and Germany during the quarter. Here we met with both customers within the milling sector but also with high -volume grain traders presenting our new concept, the BoMill InSight™ HiFlex. Uncertainty is the new normal – geopolitics, regulations and shifting trade flows continue to challenge the grain market. 01 A generally good harvest across the Baltic region – with good quality and yields overall, but also significant regional differences and some clear challenges. 02 Grain quality has direct commercial impact – variations in quality and increasingly specific customer requirements significantly affect the value of grain batches. 03
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2026-10-22 BoMill AB | Q3 Report 2026 | 8 Installations in new regions completed During the quarter, BoMill reached important milestones with its first projects in the US and Saudi Arabia. In the US, installation, operator training and site acceptance testing were completed in just two days. The system has a sorting capacity of 4 t/h and includes an APC module. The project was completed in cooperation with our local partner Bratney, which will also support the installation of an additional APC module ordered in early October. In Saudi Arabia, a system with a sorting capacity of 15 t/h including APC has been delivered and installed. Revenue from the sale was recognized during the quarter.
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2026-10-22 BoMill AB | Q3 Report 2026 | 9 ABOUT BOMILL BoMill was founded on a simple idea: every grain kernel has its own characteristics, and understanding those differences improves and enhances utilization throughout the grain value chain. The kernel characteristics differ within the spike, and across different parts of the field, regions, seasons and years. Since then, we have dedicated ourselves to developing and refining technology that enables individual kernel analysis and sorting on an industrial scale. Today, BoMill combines scientific expertise with practical industry experience to help customers improve quality, consistency and profitability. VISION & MISSION Where grain is, we are - We envision a world where the full potential of all grain is realized, creating greater value from seed to final use and enabling a more efficient and sustainable grain industry. We help the grain i ndustry increase value and efficiency through precision sorting solutions. - By revealing the variation within grain, we enable our customers to use it more effectively, optimize their processes and turn natural variation into measurable value. BUSINESS PLAN SUMMARY Over the past three years since the launch of BoMill InSight in 2023, BoMill has successfully established BoMill InSight commercially in a market segment that the company itself has pioneered and continues to lead: high-precision grain sorting on an industrial scale. A total of 13 machines have been sold for approximately SEK 65 million to major, often world -leading customers in Europe, the Americas and the Middle East, primarily to the grain handling, flour milling and malting industries. These sales include repeat orders for capacity upgrades and installations at additional sites . From the outset, BoMill InSight has been developed as a modular and upgradeable platform. Business Ambition BoMill's business plan is to offer a broad portfolio of sca lable products and services for the analysis, sorting, and optimization of grain on an industrial scale for use in food, seed, and animal feed applications. Its solutions target both existing customer segments, such as grain handlers, flour mills and maltsters, and new segments, including grain terminals and seed companies.
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2026-10-22 BoMill AB | Q3 Report 2026 | 10 BoMill aims to be a global leader in large-scale grain analysis, sorting and optimization based on the quality of individual grain kernels, with solutions designed for integration into industrial processing operations. By combining technology, specialist expertise in grain quality parameters and their industrial applications, and a growing grain quality database , these strengths together support lasting competitive advantages and strong customer relationships. BoMill's commercial offering aims to combine equipment, software, maintenance, and information and implementation services, generating both one -off and recurring revenue models. BoMill's ambition is for its modular sorting solutions to become a natural part of customers' production processes and to establish themselves as the industry standard for grain optimization. Sales Organization and Commercial Scaling To accelerate sales and strengthen support for existing and new customers, BoMill intends to expand its international marketing organization and progressively expand its network of commercial partners and local service partners. This approach combines global reach with local presence and customer support. In parallel, BoMill intend s to deepen its collaboration with complementary equipment suppliers and implementation partners to streamline installation and commissioning, reduce customers' internal resource requirements and support the scal ing of its commercial operations. Product Development BoMill’s product development focuses on increasing sorting capacity within the existing machine platform and developing next -generation detection systems. The new detector platform will also structure and store measurement data in a format that s upports future AI- based grain quality analysis. Development also aims to reduce customers’ investment and operating costs per sorted ton, simplify installation and integration, and minimize supervision, maintenance and space requirements. Development of a new detector platform is underway to deepen and broaden the analytical capabilities of BoMill InSight™, with a commercial launch provisionally planned for mid-2028. Based on near -infrared (NIR) technology, the new detector will measure at least 100 wavelengths, compared with four in the current DR4 detector. This increased spectral resolution is intended to enable individual -kernel analysis and sorting based on additional quality characteristics beyond protein content , while creating opportunities to support a wider range of crops beyond wheat and barley.
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2026-10-22 BoMill AB | Q3 Report 2026 | 11 Guided by customer needs, BoMill will investigate the potential to sort grain on several new quality parameters such as gluten protein, starch composition, grain hardness, fungal contamination and mycotoxins, as well as germination capacity and seed viability. By combining advanced detection technology, a growing grain quality data base and AI - driven analytics, BoMill aims to take grain processing optimization to the next level and expand opportunities for data -driven services. These developments are expected to further strengthen BoMill's position as t he leading provider of industrial -scale, high-precision grain sorting solutions. CHALLENGES IN THE GRAIN INDUSTRY Grain is a staple food and one of the world’ s most traded commodities. A growing global population increases the need to produce more food and improve productivity on existing agricultural land. At the same time, climate change and extreme weather make harvest volumes and grain quality less predicta ble, while geopolitical uncertainty disrupts trade and supply chains. Together, these factors contribute to volatility in grain availability, quality and prices, putting pressure on global food supply. Grain quality also varies more than conventional measurements reveal. Within the same batch, protein levels and quality characteristics differ significantly between individual kernels. Assessing grain based on batch averages therefore leads to valuable grain being downgraded or used in applications that do not capture its full value. This creates challenges for an industry facing stricter quality specifications and continued pressure on profitability and resource utilization.BoMill develops technology that moves beyond batch averages to reveal and act on these differences. By c ombining individual -kernel analysis with industrial -scale sorting, BoMill InSight™ separates grain based on the internal properties of each kernel. This enables customers to achieve more consistent quality, meet specific quality requirements and increase the value and utilization of grain. A SUSTAINABLE SOLUTION Grain is a natural raw material, and individual kernels within the same batch can differ significantly in their internal quality. Traditional sampling methods provide an average measure of batch quality but do not capture the variations. As a result, grain suitable for higher-value applications may be downgraded to animal feed or processed without realizing its full potential, while additional grain may need to be sourced to meet sp ecific quality requirements. BoMill’s sorting technology makes use of these quality variations to capture previously hidden value. By analyzing and sorting individual kernels, it enables grain to be separated and created into new prod ucts suited for different applications. This supports more efficient use of
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2026-10-22 BoMill AB | Q3 Report 2026 | 12 available grain, including locally sourced supplies, and can reduce the need for additional handling, transportation and imports, contributing to a more resource -efficient grain value chain and a lower climate footprint. PRODUCT OFFERING BoMill InSight™ is a modular grain sorting solution with scalable capacity from 2 metric tons per hour, including a turnkey option at 200 metric tons per hour and configurations offering even higher capacities. Capacity is determined by the number of sorting units, allowing customers to tailor the solution to their operational requirements. BoMill InSight™ 30 BoMill InSight ™ 30 replaces the BoMill InSight ™, launched in 2023, offering the same functionality and footprint while doubling the maximum sorting capacity from 15 to 30 metric tons per hour. Designed for in-line integration into customers’ grain processing lines, it serves customers who handles larger grain volumes.
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2026-10-22 BoMill AB | Q3 Report 2026 | 13 BoMill InSight™ HiFlex Building on the modular design of BoMill InSight™, HiFlex can be configured to meet specific capacity and installation requirements. One option is a turnkey solution with a sorting capacity of 200 metric tons per hour, integrated into a 40 -foot container to simplify installation and commissioning and enable relocation between sites. The modular design also supports higher capacities and permanent installations integrated into existing industrial processes. BoMill InSight ™ HiFlex expands BoMill’s addressable market to include large -scale grain terminals and high -volume grain handling operations, where higher sorting capacities are essential. BoMill InSight™ HiFlex turnkey container solution with a capacity of 200 metric tons of grain per hour. The 3D rendering has been post-processed with the assistance of AI. BoMill InSight™ Single BoMill Insight™ Single is a streamlined solution that integrates a single sorting unit into a compact frame with a sorting capacity of up to two tons per hour. BoMill Insight™ Single, with its compact design, makes it particularly suitable for space -constrained facilities , pilot installations or testing environments and supports both wheat and barley. APC (Adaptive Protein Control) Adaptive Protein Control (APC) is an add -on module for BoMill InSight ™ that uses near - infrared (NIR) technology to monitor protein content and automatically adjust sorting to meet the desired protein target. It improves sorting accuracy and provides valuable process data while reducing the need for manual protein analyses and minimizing the risk of human error. APC supports reliable 24/7 operation with minimal supervision and integrates with BoMill InSight™ through its modular design.
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2026-10-22 BoMill AB | Q3 Report 2026 | 14 BUSINESS MODEL AND GO TO MARKET BoMill generates revenue through B2B sales of grain -sorting equipment and aftermarket services, including service and maintenance. Its solutions can be integrated into existing grain-processing facilities for inline or offline operation, or supplied in fle xible configurations that can be rel ocated between sites. BoMill reaches customers through its own sales organization and a network of commercial partners in strategic regions. The sales process typically begins with a demonstration of BoMill InSight ™ using the customer’s own grain to verify sorting performance. A business case is then developed based on grain quality, the intended application, processing volumes and market conditions. Installation, integration and support requirements are evaluated fo r each project, with local partners involved where appropriate. Once sorting performance, the business case and integration requirements have been validated, investment timing depends on the customer’s decision -making process, available budget and operational priorities, including harvest quality and availability of required grain qualities. TECHNOLOGY AND PATENT A smart and unique technology BoMill’s grain -sorting technology uses near -infrared transmittance (NIR/T) to analyze the internal properties of individual kernels. By measuring light transmitted through each kernel, BoMill reveals differences in internal quality that cannot be determined from external characteristics such as color and shape alone. This enables industrial -scale sorting based on quality measurements and characterizes composition of the kernels , complementing conventional sorting methods and helping customers increase the value and utilization of grain, achieve more consistent quality and improve operational efficiency. An active patent strategy BoMill has a structured pate nt strategy in place and continuously submits new patent applications in markets around the world to develop a strong market position and competitive advantage. The company currently has a large number of registered patents strategically spread around the world and ongoing patent applications.
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2026-10-22 BoMill AB | Q3 Report 2026 | 15 INSTALLED CAPACITY OF BOMILL INSIGHT™ The accumulated installed capacities as per Q3 – 2026 of BoMill InSight™, is summarized in the table below. (*) Installation completed and revenue recognized for project in Saudi Arabia in Q3 2026, (Previous Q4 2026). Note: Revenue will be recognized once the equipment has been commissioned. The typical lead time from customer purchase order to equipment commissioning ranges from 6 to 9 months. Cash inflow is separated from revenue recognition. CUSTOMER COUNTRY CAPACITY (t/h) TIME ORDER TIME COMMISSIONING COMPLETED INSTALLATIONS Gl. Buurholt Denmark 4 Q2 2022 Q2 2023 Flour mill 1 Germany 7,5 Q4 2022 (original order) Q2 2023 Q4 2023 (upgrade) Q1 2024 Baltijos Javai / Viking Malt Lithuania 15 Q3 2023 (original order) Q1 2024 Q1 2024 (upgrade) Q2 2024 Lantmännen Sweden 11 Q1 2024 (rental to purchase) Q1 2024 4 Q2 2024 (purchase option + upgrade) Q2 2024 AB InBev Mexico 4 Q2 2023 (rental to purchase) Q1 2024 Q3 2024 (purchase option) Flour mill 2 Germany 7,5 Q3 2024 Q2 2025 Grupo Trimex Mexico 15 Q4 2024 Q4 2025 Flour mill 3 Germany 15 Q4 2024 Q4 2025 AB InBev Mexico 7,5 Q4 2025 Q2 2026 Camgrain UK 15 Q4 2025 Q2 2026 Vivescia France 15 Q4 2025 Q2 2026 Malting group US US 4 Q1 2026 Q3 2026 Saudi Flour Mill Saudi Arabia 15 Q3 2025 Q3 2026 *
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2026-10-22 BoMill AB | Q3 Report 2026 | 16 OTHER INFORMATION Staff and organization As of September 30, 2026, BoMill had 12 employees (11). The share There is one class of shares in BoMill. The share was listed at Nasdaq First North Growth Market on October 20, 2020, under the ticker “BOMILL. At the Annual General Meeting of BoMill AB (the “Company”) held on May 8, 2025, the shareholders resolved to implement a long -term incentive program for emplo yees of the Company in the form of warrants of series 2025/2028:1 (the “Warrants”). The number of warrants was 3,600,000 and 100 percent of the warrants have been subscribed. For full terms, see Minutes from the Meeting on BoMill’s website. Further, at the Annual General Meeting of BoMill AB (the “Company”) held on May 8, 2026, the shareholders resolved to implement a second long-term incentive program for employees of the Company in the form of warrants of series 2026/2029:1 (the “Warrants”). T he number of warrants was 1,800,000 and 100 percent of the warrants have been subscribed. For full terms, see Minutes from the Meeting on BoMill’s website. As of September 30, 2026, the number of shares in the Company amounted to 142 793 782 (120 975 582). Upon full exercise of the implemented long-term incentive program of series 2025/2028:1, the number of shares will increase to 146 393 782 shares, based on the current number of shares, corresponding to a dilution effect of a maximum of approximately 2.5 per cent of the company’s current share capital and votes. Upon full exercise of the implemented long-term incentive program of series 2026/2029:1, the number of shares will increase to 144 593 782 shares, based on the current number of shares, corresponding to a dilution effect of a maximum of approximately 1,2 per cent of the company’s current share capital and votes. Should all warrants issued under both incentive programs be exercised for subscription of new shares, the company’s number of shares will increase to 148 193 782 shares, based on the current number of shares, corresponding to a dilution effect of a maximum of approximately 3.6 per cent of the company’s current share capital and votes. No warrants were exercised during the reporting period.
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2026-10-22 BoMill AB | Q3 Report 2026 | 17 Shareholders The table below presents major shareholders in BoMill as per September 30, 2026 (*) Markus Wallenås, a member of the BoMill’s board of Director, owns indirectly 9 562 029 shares through Avanza Pension, in total directly and indirectly 11 249 069 shares. (**) Member of BoMill’s Board of Directors. Net result per weighted average share 2025-2026 Period Q3 2026 Q3 2025 Q1-Q3 2026 Q1-Q3 2025 2025 Weighted average of shares 142 793 782 120 975 582 140 356 213 120 975 582 120 975 582 Net result/share (SEK) -0,02 -0,05 -0,06 -0,11 -0,11 Name Shares Votes Avanza Pension (*) 19 343 681 13,55% Henrik Hedlund (**) 18 388 422 12,88% Nordnet Pensionsförsäkring AB 13 264 555 9,29% Ponderus Invest AB 13 282 265 9,30% Theodor Jeansson 12 312 016 8,62% Sven Mattsson 9 544 940 6,68% Långbergs Förvaltning AB 5 783 700 4,05% Fredrik Grevelius 4 894 268 3,43% ACE II Investment Capital AB 2 727 280 1,91% Mosiki Svenska AB 2 693 994 1,89% Largest shareholders 102 235 121 71,60% Others 40 558 661 28,40% TOTAL 142 793 782 100,00%
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2026-10-22 BoMill AB | Q3 Report 2026 | 18 Board of Directors and Management Shareholding As of September 30, 2026, the members of the Board of Directors and Group Mana gement together held a total of 32 556 409 shares, corresponding to 23% of the Company’s outstanding shares. In addition, Group Management together held 2 300 000 outstanding warrants under the Company’s employee incentive program. The shareholdings includ e direct and indirect ownership. Related party transactions during January-September 2026 During the period, related party transactions amounted to KSEK 48 in consulting fees paid to Mandelträdet AB, a company owned by the Chairman of the Board. The transactions were conducted on arm’s length terms, and the Board of Directors served as the approving body for the related party agreements, save for the concerned member of the Board of Directors. Certified Adviser Svensk Kapitalmarknadsgranskning AB is appointed the Company's Certified Adviser. E-mail: ca@skmg.se Phone: +46 70 755 95 51 Principles for the preparation of the quarterly report This report has been established in accordance with Swedish Annual Accounts Act and BFNAR 2012:1 (K3). The same accounting policies and calculation methods have been applied for the Company as in the 2025 Annual Report. Information about risks and uncertainties BoMill’s business is exposed to several risks, including both operational and financial risks. The operational risks mainly comprise uncertainty concerning product development, supplier agreements, product liability and distribution. The financial risks ar e related to delays in receiving orders for BoMill Insight. The Board of Direc tors and Management are actively investigating different possibilities to secure the financial situation for the company. For a more detailed description of the risks and uncertainties to which BoMill is exposed, see the risk analysis in the 2025 Annual report. Auditor's review This report has not been subject to review by the Company's auditor. Financial calendar • Year-end report, February 18, 2027 • Annual report 2026, week 11, 2027 • Q1 report, May 11, 2027 • Annual General Meeting 2027, May 11, 2027
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2026-10-22 BoMill AB | Q3 Report 2026 | 19 Financial reports are available on the company’s website. www.bomill.com from the day of publication. Company information BoMill AB (publ), organizational number 556556-4332, is a public company based in Vintrie, Malmö. Contact person for further information If you have any questions, please contact: Andreas Jeppsson, CEO E-mail: andreas.jeppsson@bomill.com Phone: +46 72 700 11 82 Alexandra Persson, CFO E-mail: alexandra.persson@bomill.com Phone: +46 72 700 19 57
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2026-10-22 BoMill AB | Q3 Report 2026 | 20 INCOME STATEMENT KSEK 2026-07-01 2026-09-30 2025-07-01 2025-09-30 2026-01-01 2026-09-30 2025-01-01 2025-09-30 2025-01-01 2025-12-31 Income Net sales 5 754 127 20 449 6 268 17 125 Activated work for own account 573 0 573 0 0 Other operating income 466 2 1 318 2 099 4 813 Total Income 6 794 130 22 340 8 367 21 937 Operating expenses Raw materials and consumables -2 370 -320 -7 508 -1 398 -5 405 Other external expenses -2 206 -2 198 -7 525 -6 275 -10 095 Staff costs -3 977 -3 447 -13 503 -12 053 -16 653 Depreciation and write-downs of tangible and intangible fixed assets -467 -428 -1 397 -1 307 -1 783 Other operating expenses -423 -57 -553 -623 -835 Total operating expenses -9 443 -6 451 -30 485 -21 655 -34 773 Operating profit/loss -2 650 -6 321 -8 146 -13 288 -12 834 Income from financial items Interest income and similar items 56 0 215 56 79 Interest expenses and similar items -51 0 -191 -11 -11 Total income from financial items 5 0 24 45 68 Income after financial items -2 644 -6 321 -8 122 -13 243 -12 767 Income for the period -2 644 -6 321 -8 122 -13 243 -12 767
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2026-10-22 BoMill AB | Q3 Report 2026 | 21 BALANCE SHEET KSEK 2026-09-30 2025-09-30 2025-12-31 ASSETS FIXED ASSETS Intangible fixed assets Balanced expenses for development work and similar work 2 082 2 419 2 192 Software 0 16 0 Patents 1 097 1 422 1 352 Total intangible fixed assets 3 180 3 857 3 544 Tangible fixed assets Invested costs in other property 1 089 1 333 1 399 Equipment, tools and installations 1 002 177 921 Total tangible fixed assets 2 091 1 511 2 320 Financial assets Shares in group companies 8 8 8 Receivables from group companies 40 40 37 Total financial assets 48 49 45 TOTAL FIXED ASSETS 5 319 5 416 5 909 CURRENT ASSETS Inventories Raw materials 2 513 4 223 2 748 Work in progress 0 1 313 2 309 Finished goods 981 4 159 1 077 Total inventories 3 494 9 695 6 134 Receivables Accounts receivables 3 722 6 552 4 017 Tax receivables 578 490 571 Other receivables 661 647 6 343 Prepaid expenses and accrued income 985 1 376 1 307 Total receivables 5 945 9 064 12 237 Cash and bank Cash and bank 4 440 1 248 2 961 Total cash and bank 4 440 1 248 2 961 TOTAL CURRENT ASSETS 13 880 20 007 21 332 TOTAL ASSETS 19 199 25 423 27 241
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2026-10-22 BoMill AB | Q3 Report 2026 | 22 BALANCE SHEET KSEK 2026-09-30 2025-09-30 2025-12-31 EQUITY AND LIABILITIES EQUITY Restricted equity Share capital 1 571 1 331 1 331 Not registered share capital 0 0 115 Reserve fund 20 20 20 Development expenditure fund 2 082 2 420 2 192 Total restricted equity 3 673 3 770 3 658 Non-restricted equity Capital surplus 190 792 179 775 185 409 Accumulated profit or loss -174 777 -162 414 -162 186 Results for the period -8 122 -13 243 -12 767 Total non-restricted equity 7 893 4 118 10 456 TOTAL EQUITY 11 566 7 888 14 114 LIABILITIES AND PROVISIONS Provisions Provisions for warranties 920 100 500 Total provisions 920 100 500 Current liabilities Pre-payments customer 0 12 315 6 221 Accounts payable 2 430 2 274 1 893 Tax payable 374 350 724 Other payables 661 570 539 Accrued expenses and deferred income 3 247 1 926 3 249 Total current liabilities 6 713 17 435 12 627 TOTAL EQUITY AND LIABILITIES 19 199 25 423 27 241
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2026-10-22 BoMill AB | Q3 Report 2026 | 23 CHANGE IN EQUITY JANUARY 1, 2026 – SEPTEMBER 30, 2026 Restricted equity Non-restricted equity Total KSEK Share capital Not registered share capital Reserve fund Fund for developme nt costs Share premium fund Other non- restricted equity Total equity Equity 2026-01-01 1 331 115 20 2 192 185 409 -174 953 14 114 Result of the period -8 122 -8 122 Capitalization of development costs 573 -573 0 Depreciation resolution during the period -683 683 0 Warrants 67 67 Not registered share issue -115 -115 Share issue 240 6 125 6 365 Cost related to share issue -742 -742 Equity at the end of the period 1 571 0 20 2 082 190 792 -182 898 11 566 JANUARY 1, 2025 – SEPTEMBER 30, 2025 Restricted equity Non-restricted equity Total KSEK Share capital Not registered share capital Reserve fund Fund for developme nt costs Share premium fund Other non- restricted equity Total equity Equity 2025-01-01 1 331 0 20 3 102 179 775 -163 532 20 696 Result of the period -13 243 -13 243 Depreciation resolution during the period -683 683 0 Warrants 463 463 Equity at the end of the period 1 331 0 20 2 419 179 775 -175 657 7 888 JANUARY 1, 2025 – DECEMBER 31, 2025 Restricted equity Non-restricted equity Total KSEK Share capital Not registered share capital Reserve fund Fund for developme nt costs Share premium fund Other non- restricted equity Total equity Equity 2025-01-01 1 331 0 20 3 102 179 775 -163 532 20 696 Result of the year -12 767 -12 767 Depreciation resolution during the year -910 910 0 Warrants 436 436 Not registered share issue 115 5 635 5 750 Equity at the end of the period 1 331 115 20 2 192 185 409 -174 953 14 114
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2026-10-22 BoMill AB | Q3 Report 2026 | 24 CASH FLOW STATEMENT KSEK 2026-07-01 2026-09-30 2025-07-01 2025-09-30 2026-01-01 2026-09-30 2025-01-01 2025-09-30 2025-01-01 2025-12-31 Operating activities Income after financial items -2 644 -6 321 -8 122 -13 243 -12 767 Adjustments for items not included in cash flow etc. 487 328 1 817 849 1 226 Cash flow from operating activities before changes in working capital -2 158 -5 993 -6 304 -12 394 -11 541 Cash flow from changes in working capital Increase (-)/decrease (+) in inventory 1 764 -1 337 2 640 -4 148 -588 Increase (-)/decrease (+) in operating receivables 5 191 -2 573 542 -1 555 1 021 Increase (+)/decrease (-) in operating liabilities -4 853 4 051 -5 914 1 731 -3 077 Cash flow from operating activities -55 -5 852 -9 037 -16 366 -14 183 Investing activities Acquisition of intangible fixed assets -641 -75 -746 -171 -245 Acquisition of property, plant, and equipment -59 -132 -59 171 -225 Cash flow from investing activities -699 -207 -804 0 -470 Financing activities Issue of shares 0 0 11 257 0 0 Issue of warrants 0 0 67 0 436 Cash flow from financing activities 0 0 11 324 0 436 Cash flow for the period -755 -6 059 1 483 -15 931 -14 218 Cash at the beginning of the period 5 196 7 306 2 961 17 179 17 179 Cash at the end of the period 4 440 1 248 4 440 1 248 2 961
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2026-10-22 BoMill AB | Q3 Report 2026 | 25 BOARD DECLARATION The Board of Directors and the CEO certify that these consolidated financial statements and the January – September report of 2026 have been prepared in accordance with Swedish Accounts Legislation and BFNAR 2012:1 (K3) and give a fair view of the Company’s financial position and results of operations. Malmö, October 22, 2026 Board of Directors BoMill AB | Gottorpsvägen 58A - SE-218 45 VINTRIE - SWEDEN | www.bomill.com | info@bomill.com