Page 1

Third quarter - 1 November to 31 January ● Sales declined 9 % to 2,635 MSEK ( 2,905 ) , organic growth down 5 % and down 5 % in comparable units Online sales increased by 59 % to 288 MSEK ( 181 ) ● ● ● clas ohlson ● ● Operating profit totalled 358 MSEK ( 378 ) . Excluding the effect of IFRS 16 , operating profit totalled 342 MSEK ( 355 ) Net debt / EBITDA excluding the effect of IFRS 16 ( 12 months ) amounted to -1.2 times ( -0.3 ) • Profit after tax totalled 265 MSEK ( 283 ) Earnings per share amounted to 4.18 SEK ( 4.47 ) The operating margin was 13.6 % ( 13.0 ) . Excluding the effect of IFRS 16 , the operating margin was 13.0 % ( 12.2 ) Sales , MSEK Operating profit , MSEK Operating profit , excl . IFRS 16 , MSEK Profit after tax , MSEK Gross margin , % Operating margin , % Operating margin , excl . IFRS 16 , % Return on capital employed , % Return on equity , % Cashflow from operating activities , MSEK Equity / assets ratio , % Equity / assets ratio , excl . IFRS 16 , % Net debt / EBITDA ratio Net debt / EBITDA excl . IFRS 16 ratio Earnings per share before dilution , SEK Nov 2020 - Jan 2021 2,635 358 342 265 41.3 13.6 13.0 859.2 36.3 54.2 4.18 Nine months - 1 May to 31 January • Sales declined by 5 % to 6,746 MSEK ( 7,115 ) , organic growth and comparable units were unchanged • Online sales increased by 50 % to 621 MSEK ( 413 ) ● ● ● Nine - month report 2020/21 ● Events after the end of the reporting period ● Operating profit totalled 672 MSEK ( 590 ) . Excluding the effect of IFRS 16 , operating profit totalled 619 MSEK ( 515 ) The operating margin was 10.0 % ( 8.3 ) . Excluding the effect of IFRS 16 , the operating margin was 9.2 % ( 7.2 ) Profit after tax totalled 486 MSEK ( 422 ) Earnings per share amounted to 7.67 SEK ( 6.68 ) Sales in February decreased by 13 % to 494 MSEK ( 570 ) , organic sales and comparable units down 11 % Online sales in February increased by 112 % to 69 MSEK ( 33 ) Kristofer Tonström took office as the new President and CEO on 8 February 2021 3 Months Nov 2019 Jan 2020 2,905 378 355 283 40.1 13.0 12.2 T 863.5 30.3 50.4 4.47 Percentage change -9 -5 -4 -6 1.3 p.p 0.6 p.p 0.7 p.p 5.9 p.p 3.9 p.p -6 * The 2020/21 financial year comprises the period from 1 May 2020 to 30 April 2021 . This is information that Clas Ohlson AB ( publ ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act . This information was submitted for publication , through the agency of the contact person indicated , on 10 March 2021 at 07:00 a.m. ( CET ) . May 2020 - Jan 2021 6,746 672 619 486 40.7 10.0 9.2 1,512.7 36.3 54.2 7.67 9 Months May 2019 Jan 2020 7,115 590 515 422 39.8 8.3 7.2 1,318.4 30.3 50.4 6.68 on Percentage change -5 14 20 15 0.8 p.p 1.7 p.p 1.9 p.p 5.9 p.p 3.9 p.p + 59 % OPERATING MARGIN FOR R12 ( EXCL IFRS 16 ) 15 GROWTH ONLINE QUARTER 6.7 % 12 Months Feb 2020 - Jan 2021 8,389 631 558 440 40.5 7.5 6.7 15.9 23.0 1,478.3 36.3 54.2 0.7 -1.2 6.94 May 2019 Apr 2020 8,758 549 454 376 39.8 6.3 5.2 13.5 21.4 1,283.9 CLAS OHLSON NINE - MONTH REPORI 2020/21 30.5 51.0 1.8 0.0 5.94 Contact person : Niklas Carlsson , Group Head of Communications +46 247 444 29 , niklas.carlsson@clasohlson.se 1