Interim report
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INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) QUARTER JULY – SEPTEMBER 2026 PERIOD JANUARY – SEPTEMBER 2026 Currency adjusted revenue growth was 15%. Reported revenue increased 13% to SEK 685 million (606). Gross margin was 69% (70). Currency adjusted EBIT growth was 94%. Reported operating profit in- creased by 87% to SEK 119 million (64), corresponding to an operating mar- gin of 17.4% (10.6). Cash flow after continuous investments increased by 213% to SEK 62 mil- lion (20). Basic earnings per share increased by 134% to SEK 0.83 (0.36) before dilu- tion and SEK 0.83 (0.35) after dilution. Currency adjusted revenue growth was 15%. Reported revenue increased 9% to SEK 1,942 million (1,790). Gross margin was 69% (68). Currency adjusted EBIT growth was 98%. Reported operating profit in- creased by 87% to SEK 282 million (151), corresponding to an operating margin of 14.5% (8.4). Cash flow after continuous investments increased by 441% to SEK 184 mil- lion (-54). Basic earnings per share increased by 121% to SEK 1.89 (0.86) before dilu- tion and SEK 1.87 (0.85) after dilution. SIGNIFICANT EVENTS DURING THE QUARTER Jacob Thordenberg joined Dynavox Group as Chief Financial Officer (CFO) and a member of the Executive Management Team in September. FINANCIAL OVERVIEW SEK m (except for earnings per share) Q3 2026 Q3 2025 Δ Δ FX adjusted Jan-Sep 2026 Jan-Sep 2025 Δ Δ FX adjusted Full-year 2025 Revenue 685 606 13% 15% 1,942 1,790 9% 15% 2,467 Gross margin 69% 70% - - 69% 68% - - 68% EBITDA 175 122 44% - 461 322 43% - 482 Operating profit/loss (EBIT) 119 64 87% 94% 282 151 87% 98% 254 EBIT margin 17.4% 10.6% - - 14.5% 8.4% - - 10.3% Net profit/loss for the period 88 38 134% - 200 90 122% - 166 Earnings per share, (SEK) 0.83 0.36 134% - 1.89 0.86 121% - 1.57 Earnings per share after dilution (SEK) 0.83 0.35 134% - 1.87 0.85 122% - 1.56 Cash flow after continuous investments 62 20 213% - 184 -54 441% - -9 Interim Report Q3 July–September 2026
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2 COMMENTS FROM THE CEO INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Continued solid growth and significantly strengthened profitability Dynavox Group continued to deliver solid growth and significantly strengthened profitability in the third quarter, despite demanding reim- bursement processes in the U nited States. Revenue growth was broad - based, with currency adjusted growth of 15%, while the EBIT margin reached 17.4%. Once again, we demonstrate the resilience of our business, supported by strong underlying demand and disciplined execution. The underlying market demand remains strong, and the long-term growth opportunity is un- changed. In the U.S., however, increased administrative complexity and longer lead times, primar- ily related to Medicaid and Medicaid managed care organizations, held back growth. Specific reim- bursement challenges in two major states were resolved in our favor during the quarter, but state- by-state complexity is expected to remain a headwind. These challenges are not new, but the num- ber of cases requiring additional review, and the effort needed to resolve them, has increased amid broader pressure on public spending. In Europe and other markets, the performance was more mixed, with Germany and Australia as the strongest contributors to growth. Germany continues to be particularly promising as we mark the first year of operating as one integrated organization after the acquisition of RehaMedia. Across the entire market, we are strengthening local execution, building on the businesses we have ac- quired and creating a more scalable platform for continued growth. We continue to challenge market practices that, in our view, risk creating confusion around product delivery, support, reimbursement and intellectual property. Our legal action against Able- Net, filed in May this year, is intended to protect patients, prescribing professionals and the integrity of established delivery standards for assistive communication solutions. We will continue to pursue this matter responsibly while remaining focused on serving our customers. Gross margin remained strong despite higher component costs, supported in part by more effi- cient operations and improved logistics. Cost control also remained well balanced overall. We con- tinue to invest in digitalization, systems and organizational capabilities, while significant one-off costs associated with building our operating platform are now largely behind us. Our organization has grown significantly over the past few years, both organically and through acquisitions. Aligning how we work across this larger team is therefore as important an investment in our future as the implementation of our new ERP platform, new digital tools and modern distribu- tion centers. This will be a key focus as we enter 2027. We now believe the foundational pieces are in place for the next chapter of our growth journey. We are confident in the long-term fundamentals of serving and improving an underserved mar- ket, coupled with our ability to generate sustainable, profitable growth. Our priorities are to improve market access, strengthen commercial execution and capture further operating leverage as we scale. I expect that we will have periods of headwinds and challenges as well as continued signifi- cant growth and momentum along this journey. In December this year we celebrate the fifth anni- versary of the public listing of Dynavox Group as a stand-alone company and can look back at five years of 25 % average annual revenue growth while building a stronger, more professional and fi- nancially solid company – and I am as confident as ever before that we have barely started. Fredrik Ruben, CEO Fredrik Ruben CEO, Dynavox Group
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3 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Comments on the Group's performance QUARTER JULY - SEPTEMBER Revenue Group revenue increased by 13% to SEK 685 million (606) compared to the same quarter in 2025. Currency adjusted growth was 15%, organic growth contributed with 13%, acquisitions with 3% and currency fluctuations had a 2% negative impact on revenue. Growth continued across many geographies. In the U.S., however, increased administrative complexity and longer lead times, primarily related to Medicaid and Medicaid managed care organizations, held back growth. In Europe and other markets, the performance was more mixed, with Germany and Australia as the strongest contributors to growth. Performance Consolidated gross profit amounted to SEK 470 million (421), corresponding to a gross margin of 69% (70). Gross margin benefited from lower freight costs but was offset by higher component costs. Operating profit totaled SEK 119 million (64) and the operating margin was 17.4% (10.6). The improvement in operating profit was primarily driven by increased sales and gross profit, partly off- set by higher operating expenses. Operating expenses grew organically by 7%. The increase re- lates mainly to continued investments in sales and marketing staff but also within the IT organiza- tion. With the ERP rollout now completed in the majority of the Group’s legal entities, ERP-related costs decreased by SEK 9 million compared to the prior year and restructuring costs decreased with SEK 9 million. Operating expenses related to companies acquired during the last two years contributed with SEK 10 million of increase. There was a decline in the long-term incentive program cost of SEK 2 million year-on-year, driven by share price development. Other operating gains and losses were positively impacted by SEK 19 million, the majority of which relate to adjustment of earn‑out liabilities. Costs for research and development after capitalization and amortization decreased by SEK 19 million compared to the same quarter last year, primarily due to organizational restructuring costs incurred in the prior year that did not recur in the current year. Financial items amounted to SEK -11 million (-13) and consisted mainly of interest on external loans. Profit before tax was SEK 108 million (51). Tax for the quarter amounted to SEK -20 million (-13), of which SEK 2 million (-3) related to de- ferred tax. Profit for the period was SEK 88 million (38). Basic earnings per share totaled SEK 0.83 (0.36) before dilution and SEK 0.83 (0.35) after dilution. Currency effects Lower exchange rates, primarily USD/SEK, had a negative impact on revenue of SEK 14 million compared to the same quarter last year. C ash flow, liquidity and financial position Cash flow from operating activities before changes in working capital amounted to SEK 119 mil- lion (151). The change in working capital was SEK -2 million (-78). Cash flow from investing activities amounted to SEK -61 million (-95), of which SEK -33 (-24) million related to capitalized R&D costs. Cash flow for the period was SEK 45 million (18). At the end of the quarter, the Group had cash and cash equivalents of SEK 273 million (172). Consolidated net debt totaled SEK 829 million (924), including SEK 205 million (200) in IFRS 16 finance leases. Net debt in relation to the last twelve months EBITDA was 1.3 (2.0). During the quarter, Dynavox Group AB exercised the exten- sion option available under its financing agreement with Swedbank, extending the maturity of the credit facility by 12 months to 26 September 2029, with an option to extend the facility for an addi- tional year. REVENUE, SEK M, AND GROSS MARGIN, % 424 473 428 476 483 585 581 603 606 677 588 670 685 0% 10% 20% 30% 40% 50% 60% 70% 0 50 100 150 200 250 300 350 400 450 500 550 600 650 700 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 23 24 25 26 Revenue Gross margin
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4 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) KEY PERFORMANCE MEASURES REVENUE BY GEOGRAPHIC MARKET RESEARCH AND DEVELOPMENT PERIOD JANUARY - SEPTEMBER Revenue Group revenue increased by 9% to SEK 1,942 million (1,790) compared to the same period in 2025. Currency adjusted growth was 15%, organic growth contributed with 12%, acquisitions with 3% and currency fluctuations had a 7% negative impact on revenue. Growth continued across many geographies. In North America, we see increased administration and longer lead times, pri- marily related to Medicaid and Medicaid managed care organizations and overall more drawn-out prescription processes compared to before. In Europe and other markets, the performance was more mixed, with Germany and Australia as the strongest contributors to growth. SEK m Note Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Revenue 10 685 606 1,942 1,790 2,467 Revenue change: 13% 25% 9% 29% 25% - of which organic 13% 33% 12% 34% 32% - of which currency -2% -10% -7% -7% -9% - of which acquisitions 3% 3% 3% 2% 2% Gross margin 69% 70% 69% 68% 68% Operating profit/loss (EBIT) 119 64 282 151 254 EBIT change 87% 5% 87% 4% 11% EBIT margin 17.4% 10.6% 14.5% 8.4% 10.3% SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Europe 136 120 394 330 460 Revenue change: 13% 52% 20% 33% 32% - of which organic 3% 49% 6% 34% 29% - of which currency -3% -5% -4% -4% -5% - of which acquisitions 13% 8% 17% 3% 8% North America 508 451 1,438 1363 1,879 Revenue change: 13% 19% 5% 26% 22% - of which organic 16% 30% 14% 33% 32% - of which currency -3% -11% -8% -7% -10% - of which acquisitions 0% 0% 0% 0% 0% Other countries 41 35 110 97 128 Revenue change: 16% 46% 13% 61% 51% - of which organic 13% 33% 14% 44% 44% - of which currency 3% -14% -1% -11% -12% - of which acquisitions 0% 27% 0% 28% 20% Total revenue 685 606 1,942 1,790 2,467 SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Total R&D expenditures -51 -55 -150 -174 -232 Capitalization 33 24 103 77 108 Amortization -24 -31 -82 -92 -121 R&D expenses in the income statement -43 -62 -128 -189 -245
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5 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Performance Consolidated gross profit amounted to SEK 1,334 million (1,224), corresponding to a gross mar- gin of 69% (68). Gross margin benefited from favorable currency effects of just over 1 percentage point, as well as lower freight costs. This is partly offset by higher component costs. Operating profit totaled SEK 282 million (151) and the operating margin was 14.5% (8.4). The improvement in operating profit was primarily driven by increased sales and gross profit, partly off- set by higher operating expenses. Operating expenses grew organically by 6%. The increase relates mainly to continued invest- ments in sales and marketing staff but also within the IT organization. With the ERP rollout now completed in the majority of the Group’s legal entities, ERP-related costs decreased by SEK 26 million compared to the prior year and restructuring costs decreased with SEK 27 million. Operat- ing expenses related to companies acquired during the last two years contributed with SEK 41 mil- lion. There was a decline in the long-term incentive program cost of SEK 19 million year-on-year, driven by the share price development. Other operating gains and losses were positively impacted by SEK 32 million, the majority of which relate to adjustment of earn‑out liabilities and foreign ex- change gains related to transaction effects. Costs for research and development after capitalization and amortization decreased by SEK 61 million compared to the same period last year, primarily due to organizational restructuring costs incurred in the prior year that did not recur in the current year. Financial items amounted to SEK -34 million (-37) and consisted mainly of interest on external loans. Profit before tax was SEK 248 million (114). Tax for the period amounted to SEK -48 million (-24), of which SEK 8 million (7) related to de- ferred tax. Profit for the period was SEK 200 million (90). Basic earnings per share totaled SEK 1.89 (0.86) before dilution and SEK 1.87 (0.85) after dilution. Currency effects Lower exchange rates, primarily USD/SEK, had a negative impact on revenue of SEK 125 mil- lion compared to the same period last year. Cash flow, liquidity and financial position Cash flow from operating activities before changes in working capital amounted to SEK 382 mil- lion (301). The change in working capital was SEK -35 million (-207). Cash flow from investing activities amounted to SEK -206 million (-238), of which SEK -44 mil- lion (-90) related to the acquisition of subsidiaries and -104 million (-77) to the capitalized R&D costs. Cash flow for the period was SEK 65 million (51). At the end of the period, the Group had cash and cash equivalents of SEK 273 million (172). Consolidated net debt totaled SEK 829 million (924), including SEK 205 million (200) in IFRS 16 finance leases. Net debt in relation to the last twelve months EBITDA was 1.3 (2.0). During the third quarter, Dynavox Group AB exercised the extension option available under its financing agreement with Swedbank, extending the maturity of the credit facility by 12 months to 26 September 2029, with an option to extend the facility for an additional year. The total unutilized part of the credit facility and term loan was SEK 300 million at the end of the period. Organization The number of employees converted to full-time equivalents at the end of the period was 1,107 (1,005). Acquired companies during the last 12 months contributed with an increase of 9 FTEs. Acquisition Dynavox Group AB has on April 1, 2026, completed the acquisition of all shares in SR Labs Healthcare, its reselling partner in Italy. The decision to join forces will bring Tobii Dynavox closer to its customers in Italy, supporting people with disabilities to communicate more effectively. The purchase consideration amounted to EUR 4 million and was settled in cash.
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6 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Group CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME SEK m Note Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Revenues 10 685 606 1,942 1,790 2,467 Cost of goods and services sold -215 -184 -608 -566 -779 Gross profit 470 421 1,334 1,224 1,688 Selling expenses -252 -218 -722 -647 -877 Research- and development expenses -43 -62 -128 -189 -245 Administrative expenses -75 -76 -233 -225 -304 Other operating gains and losses 19 -2 32 -11 -9 Operating profit/loss (EBIT) 119 64 282 151 254 Net financial items -11 -13 -34 -37 -47 Profit/loss before tax (EBT) 108 51 248 114 207 Tax -20 -13 -48 -24 -42 Net profit/loss for the period 88 38 200 90 166 Other comprehensive income Items that may be reclassified to net profit for the period: Translation differences 22 -5 54 -45 -61 Other comprehensive income for the period, net after tax 22 -5 54 -45 -61 Total comprehensive income for the period 110 33 254 45 104 Earnings per share, SEK 0.83 0.36 1.89 0.86 1.57 Earnings per share, diluted, SEK 0.83 0.35 1.87 0.85 1.56 Net profit/loss for the period attributable to: Parent Company's shareholders 88 38 200 90 166 Net profit/loss for the period 88 38 200 90 166 Total comprehensive income for the period attributable to: Parent Company's shareholders 110 33 254 45 104 Total comprehensive income for the period 110 33 254 45 104
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7 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION SEK m Sep 30 2026 Sep 30 2025 Dec 31 2025 ASSETS Non-current assets Intangible fixed assets 1,131 1,053 1,040 Property, plant and equipment 120 95 106 Right-of-use assets 160 178 179 Deferred tax asset 67 63 59 Financial and other non-current assets 14 14 14 Total non-current assets 1,492 1,402 1,397 Current assets Trade receivables 455 416 414 Inventories 372 386 344 Other current receivables 129 116 124 Cash and cash equivalents 273 172 195 Total current assets 1,228 1,091 1,077 TOTAL ASSETS 2,721 2,493 2,474 EQUITY AND LIABILITIES Equity 829 536 602 Total equity 829 536 602 Non-current liabilities Borrowings, non-current 829 828 829 Lease liabilities 160 170 172 Deferred tax liabilities 10 15 13 Other non-current liabilities 175 175 172 Total non-current liabilities 1,175 1,188 1,186 Current liabilities Borrowings, current 67 67 67 Lease liabilities 45 30 36 Other current liabilities 604 672 583 Total current liabilities 717 769 686 Total liabilities 1,892 1,958 1,872 TOTAL EQUITY AND LIABILITIES 2,721 2,493 2,474
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8 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Attributable to Parent Company shareholders SEK m Share capital Reserves Retained earnings Total equity Opening balance, Jan 1, 2025 1 23 430 454 Comprehensive income for the period -45 90 45 Share based payments 19 19 Sale of own shares 17 17 Share issuance 0 0 Closing balance, Sep 30, 2025 1 -22 557 536 Comprehensive income for the period -16 76 59 Share based payments 7 7 Closing balance, Dec 31, 2025 1 -38 640 602 Opening balance, Jan 1, 2026 1 -38 640 602 Comprehensive income for the period 54 200 254 Share based payments 16 16 Sale of own shares 9 9 Share issuance 0 0 Dividend -53 -53 Closing balance, Sep 30, 2026 1 16 812 829
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9 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Cash flow from operating activities Profit before tax (EBT) 108 51 248 114 207 Depreciations, amortization and write- downs 55 58 179 171 228 Other non cash items -29 44 -13 56 32 Taxes paid -15 -1 -33 -41 -51 Cash flow before changes in working capital 119 151 382 301 416 Change in working capital -2 -78 -35 -207 -219 Cash flow from operating activities 117 73 347 93 197 Investing activities Investments in intangible assets -35 -26 -107 -80 -112 Investments in tangible assets -20 -27 -55 -67 -93 Other investing activities 0 -0 0 -0 -0 Continuous investments -56 -53 -162 -147 -205 Cash flow after continuous investments 62 20 184 -54 -9 Acquisitions -5 -42 -44 -90 -111 Cash flow from investing activities -61 -95 -206 -238 -316 Financing activities Proceeds from borrowings -1 47 -1 202 202 Dividend paid - - -53 - 0 Repayment of lease liability -11 -9 -30 -24 -33 Sale of own shares - - 9 17 17 Other financing activities 1 1 -0 -1 11 Cash flow from financing activities -12 40 -76 195 198 Cash flow for the period 45 18 65 51 78 Cash and cash equivalents at the beginning of the period 223 157 195 133 133 Currency translation impact on cash and cash equivalents 5 -2 13 -12 -17 Cash and cash equivalents at the end of the period 273 172 273 172 195
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10 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Parent Company The principal activity of the Group's Parent Company, Dynavox Group AB (publ), is research, development, and sales of computer software and computer-related hardware that helps individu- als with various disabilities to live richer and more independent lives. The number of employees in the Parent Company is approximately 286 (234). Net sales for the Parent Company, Dynavox Group AB, for the period July 1 to September 30, 2026, amounted to SEK 247 million (235) of which SEK 206 million (179) refers to sales to group companies and SEK 41 million (56) to external customers. Operating profit for the corresponding period was SEK 59 million (15). Investments in property, plant and equipment and intangible assets totaled SEK -33 million (-24) for the quarter. At the end of the period, the Parent Company had SEK 80 million (44) in cash and cash equivalents. CONDENSED PARENT COMPANY INCOME STATEMENT SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Revenues 247 235 718 706 985 Cost of goods and services sold -122 -115 -325 -339 -446 Gross profit 125 120 393 367 539 Selling expenses -44 -41 -135 -117 -158 Research- and development expenses -35 -66 -109 -175 -210 Administrative expenses -62 -48 -190 -188 -256 Other operating gains and losses 75 50 143 95 123 Operating profit/loss (EBIT) 59 15 101 -17 38 Financial items -8 -11 -25 -30 18 Profit/loss before tax (EBT) 51 3 76 -47 56 Tax -10 6 -16 6 -2 Net profit/loss for the period 41 10 60 -40 54
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11 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) CONDENSED PARENT COMPANY BALANCE SHEET SEK m Sep 30 2026 Sep 30 2025 Dec 31 2025 NON-CURRENT ASSETS Intangible assets 197 224 213 Property, plant and equipment 11 16 15 Financial assets 787 732 727 Total non-current assets 994 972 955 CURRENT ASSETS Inventories 164 166 160 Trade receivables 18 21 21 Receivables from Group companies 172 138 229 Other current assets 43 48 40 Cash and cash equivalents 80 44 27 Total current assets 478 417 477 TOTAL ASSETS 1,472 1,389 1,432 EQUITY AND LIABILITIES Equity 316 181 283 NON-CURRENT LIABILITIES Borrowings, non-current 829 828 829 Liabilities to Group companies, non-current 76 52 55 Other non-current liabilities 25 22 34 Total non-current liabilities 930 902 918 CURRENT LIABILITIES Borrowings, current 67 67 67 Trade payables 37 122 38 Liabilities to Group companies, current 11 12 14 Other current liabilities 111 104 111 Total current liabilites 226 306 231 Total liabilites 1,156 1,208 1,149 TOTAL EQUITY AND LIABILITES 1,472 1,389 1,432
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12 FINANCIAL REPORTING INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) KEY PERFORMANCE MEASURES FOR THE GROUP Definitions, see note 13. QUARTERLY DATA Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Earnings per share, SEK 0.83 0.36 1.89 0.86 1.57 Earnings per share, diluted, SEK 0.83 0.35 1.87 0.85 1.56 Equity per share, SEK 7.8 5.1 7.8 5.1 5.7 EBITDA, SEKm 175 122 461 322 482 Operating profit (EBIT), SEKm 119 64 282 151 254 EBITA, SEKm 148 99 376 256 392 Cash flow from operating activities, SEKm 117 73 347 93 197 Cash flow after continuous investments, SEKm 62 20 184 -54 -9 Working capital, SEKm 187 104 187 104 146 Total assets, SEKm 2,721 2,493 2,721 2,493 2,474 Net debt, SEKm 829 924 829 924 909 Net Debt/EBITDA LTM - - 1.3 2.0 1.9 Equity, SEKm 829 536 829 536 602 Equity/assets ratio, % 30 21 30 21 24 Debt/equity, factor 1.3 2.0 1.3 2.0 1.8 Gross margin, % 69 70 69 68 68 EBITDA margin, % 26 20 24 18 20 Operating margin, % 17.4 10.6 14.5 8.4 10.3 Average number of outstanding shares, million 105.7 105.6 105.6 105.2 105.3 Average number of outstanding shares after dilution, million 106.6 106.8 106.4 106.4 106.5 Number of outstanding shares at period end, million 106.1 105.6 106.1 105.6 105.6 Number of outstanding shares after dilution at period end, million 107.2 106.8 107.2 106.8 106.8 Average number of employees 1,099 959 1,071 906 932 2025 2024 2023 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Revenue, SEKm 685 670 588 677 606 603 581 585 483 476 428 473 Gross Margin, % 69 70 67 69 70 67 68 70 69 69 68 69 EBITDA, SEKm 175 173 113 160 122 101 99 139 109 100 80 104 EBIT, SEKm 119 105 57 103 64 44 43 83 61 53 32 56 Operating Margin, % 17.4 15.7 9.8 15.2 10.6 7.4 7.3 14.2 12.6 11.0 7.6 11.9 Profit/Loss before tax, SEKm 108 92 47 93 51 31 33 70 51 41 16 49 Profit/Loss for the period, SEKm 88 74 38 76 38 29 24 54 45 36 11 45 2026
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13 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Notes Note 1. Accounting policies Dynavox Group applies IFRS Accounting Standards as adopted by the European Union. This interim report has been prepared in accordance with IAS 34, Interim Financial Reporting. Dynavox Group’s interim report contains condensed financial statements. For the Group, this mainly means that the note disclosures are limited compared with the financial statements pre- sented in the annual report. The financial statements of the Parent Company are generally pre- sented in condensed format, with limited disclosures compared with the annual accounts. The in- terim reports for Dynavox Group AB have been prepared in accordance with the Swedish Annual Accounts Act and standard RFR 2, Accounting for legal entities. The accounting policies applied are in effect in all periods and are consistent with the account- ing policies applied in Dynavox Group’s Annual and sustainability report 2025. Rounding may occur in tables and calculations, which means that the stated total amounts may not always be an exact sum of the rounded individual amounts. Changes in Accounting Policies from 2027 Onwards IFRS 18 – Presentation and Disclosure in Financial Statements The implementation of IFRS 18 will primarily affect the Group’s presentation of the income statement and statement of cash flows and introduce expanded disclosure requirements. Certain items in the income statement, including internal foreign exchange differences, will be classified dif- ferently, and new subtotals will be introduced. The statement of cash flows will use operating profit rather than profit before tax as its starting point. Upon transition, a reconciliation between the presentation under IAS 1 and IFRS 18 will be provided in the notes. Based on the Group’s current assessment, the implementation is not expected to have a material effect on the Group. For further information, see Note 2 in Dynavox Group’s 2025 Annual and Sustainability Report. Share-based payment to employees As of 30 September 2026, the number of granted share rights under the four outstanding incen- tive programs (LTI2023, LTI2024, LTI2025 and LTI2026) amount to 910 128. The dilution effect is expected to amount to a maximum of 1.0 percent. Note 2. Risks and uncertainty factors Dynavox Group’s business risks include the economic climate, the competitive situation, cur- rency risks, credit risks in relation to customers, financing risks, the risk of impairment write-downs of capitalized R&D and other intangible assets, and regulatory risks (Tobii Dynavox LLC in the U.S. is under the supervisory control of the U.S. Food and Drug Administration (FDA)). More information on risks and risk management can be found in Dynavox Group’s Annual and Sustainability Report for 2025. Dynavox Group, like many other companies, faces challenges due to changes in macro econ- omy and the geopolitical situation in the world. Changing conditions, such as political uncertainty, can lead to the prerequisites for conducting business changing rapidly. Dynavox Group’s exposure to import tariffs to the US is limited since the tariffs are based on the cost of the material imported to the US. However, more importantly, Dynavox products are gener- ally classified as medical certified assistive devices, exempting them from tariffs under the Nairobi Protocol. Note 3. Seasonal variations Dynavox Group’s operations and revenues are characterized by quarterly fluctuations. The fourth quarter is typically the strongest in terms of both revenue and earnings, as the budget year ends in most of Dynavox Group’s geographic markets. Note 4. Segment reporting
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14 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) The assessment of which operating segments exist in the Group shall be based on the internal reporting provided to the chief operating decision maker. The chief operating decision maker is the function responsible for allocation of resources and analyzing the segment’s profit/loss. In the Dynavox Group, this function has been identified as Group Management. The financial information provided to Group Management within Dynavox Group, as a basis for decisions on the allocation of resources, applies to the business as a whole without any subdivision into the underlying seg- ments. Given this situation, the management of the Dynavox Group has determined that the busi- ness as a whole should be considered a segment until further notice. Sales by geographic market is broken down into the following markets: North America, Europe and other countries. Note 5. Transactions with related parties No transactions between Dynavox Group and related parties that significantly affected the com- pany’s position and results took place. Note 6. Sustainability information More information on the Group's sustainability efforts can be found in Dynavox Group’s Annual and Sustainability Report 2025. Note 7. Pledged assets and contingent liabilities Dynavox Group has a company mortgage of SEK 50 million to Swedbank. The Group has no contingent liabilities. Note 8. Share data As of 30 September 2026, the total number of shares in the Company amounts to 107,634,235, of which 1,568,965 are class C shares and 106,065,270 are ordinary shares. The purpose of the C- shares is to facilitate settlement of the company’s long-term incentive programs. The C-shares are always included in the company’s balance sheet and the company is not allowed to exercise the voting rights for these shares. Hence, in practice there is only one share class exercising its voting rights and available for trading. The number of votes in the Company as of 30 September 2026 amounts to 106,222,166.50. Note 9. Financial targets and dividend policy Dynavox Group’s financial targets are to, on average, grow revenue by 20% per year (currency- adjusted) including contribution from acquisitions and to deliver an EBIT margin that reaches and exceeds 15%. The targets have a time horizon of 3–4 years. The dividend policy is to distribute at least 40% of available net profits to shareholders in the form of dividends, share repurchases or comparable measures. The financial targets were communicated in February 2024. Note 10. Breakdown of revenue SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 REVENUE BY PRODUCT TYPE Goods 653 576 1,851 1,700 2,350 Services 29 28 83 85 111 Royalty 2 2 9 5 6 Total revenues 685 606 1,942 1,790 2,467 REVENUE BY DATE OF REVENUE RECOGNITION Point in time 626 548 1,774 1,620 2,241 Over time 59 58 168 170 226 Total revenues 685 606 1,942 1,790 2,467
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15 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Note 11. Acquisitions during the last 12 months Dynavox Group AB has on April 1, 2026, completed the acquisition of all shares in SR Labs Healthcare, its reselling partner in Italy. Of the initial purchase consideration of EUR 4 million, 90% was paid in cash in April, with the remaining 10% settled during the third quarter of 2026. This acquisition is part of Dynavox Groups long term strategy and will bring Tobii Dynavox closer to its customers in Italy, and support individ- uals with disabilities in communicating more effectively. The acquisition is expected to generate synergies that will lead to increased revenue. The following table summarizes the purchase considerations and the preliminary fair value of assets acquired, and liabilities assumed for the acquisition of SR Labs Healthcare 2026. Dynavox Group acquired control of the company on the acquisition date. The acquisition was accounted for using the acquisition method and included 100% of the shares and voting rights of the company. SEK m Sr Labs Healthcare¹ Breakdown of Purchase considerations Cash consideration 44 Total consideration 44 Change in acquired assets and liabilities Other fixed assets 0 Net other assets and liabilities -2 Cash and cash equivalents 3 Net identifiable assets and liabilities 1 Goodwill 43 Impact on cash and cash equivalents Cash consideration (included in cash flow from investing activities) -44 Cash and cash equivalents of acquired companies (included in cash flow from investing activities) 3 Acquisition costs (included in cash flow from operating activities) -2 Total impact on cash and cash equivalents -43 Impact on sales and operating profit (loss) during the holding period Sales 13 Operating profit (loss) 2 Impact on sales and operating profit (loss) as if the acquisition had taken place on 1 January 2026 Sales 23 Operating profit (loss) 4 ¹ The purchase price allocation is preliminary
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16 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Note 12. Financial instruments The Group categorizes financial assets and financial liabilities measured at fair value into a fair value hierarchy based on the information used to value each asset or liability. Liabilities related to contingent consideration are classified as Level 3, as the information mate- rial to the fair value assessment of the asset or liability is not observable and relies on the Group’s own assessments. CHANGE IN CONTINGENT CONSIDERATION SEK m Carrying amount Fair value Carrying amount Fair value Carrying amount Fair value Interest-bearing loan 897 897 896 896 896 896 Contingent considerations 53 53 91 91 76 76 Sep 30 2026 Sep 30 2025 Dec 31 2025 Financial liabilities measured at amortized cost Financial liabilities measured at fair value Contingent considerations SEK m Opening balance Jan 1, 2026 76 Discounted effect recognized in the consolidated statement of profit or loss 2 Added contingent considerations - Reversal of unsettled contingent considerations -29 Currency exchange differences 4 Paid contingent considerations - Closing amount Sep 30, 2026 53
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17 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Note 13. Alternative performance measures The company presents certain financial measures in the interim report that are not defined un- der IFRS (so-called alternative performance measures according to ESMA guidelines). Manage- ment believes that this information helps investors to analyze the Group's performance and finan- cial position. Investors should consider these disclosures as a complement rather than a substitute for financial reporting under IFRS. RECONCILIATION OF ALTERNTIVE PERFORMANCE MEASURES The tables below show how the alternative performance measures that are not directly reconcilable to the financial statements are calculated. SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Gross margin Gross profit 470 421 1,334 1,224 1,688 Revenues 685 606 1,942 1,790 2,467 Gross margin, % 69% 70% 69% 68% 68% SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 EBITDA and EBITDA-margin Operating profit 119 64 282 151 254 Amortization and impairment on intangible assets 30 35 95 105 138 Depreciation and impairment on tangible assets 25 22 84 66 90 EBITDA 175 122 461 322 482 Revenue 685 606 1,942 1,790 2,467 EBITDA-marginal, (%) 26% 20% 24% 18% 20% EBITDA for the nine-month period 2026 includes an add-back of impairment losses on right-of-use assets amounting to SEK 8.7 million, which were not added back in the Q2 report 2026. SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 EBITA Operating profit 119 64 282 151 254 Amortization R&D 23 30 77 91 118 Amortization purchased immaterial assets 6 5 17 14 20 EBITA 148 99 376 256 392 Revenue 685 606 1,942 1,790 2,467 EBITA-margin, % 22% 16% 19% 14% 16% SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Equity/share Equity 829 536 829 536 602 Average number of outstanding shares, million 106 106 106 105 105 Equity/share 7.8 5.1 7.8 5.1 5.7
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18 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Net debt Cash and cash equivalents 273 172 273 172 195 Interest-bearing liabilities 1,102 1,096 1,102 1,096 1,104 Net debt 829 924 829 924 909 SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Net debt/EBITDA ratio Net debt - - 829 924 909 EBITDA last twelve months - - 621 460 482 Net debt/EBITDA LTM - - 1.3 2.0 1.9 SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Organic growth Revenue current year 685 606 1,942 1,790 2,467 Currency effect 14 48 125 96 183 Acquisition effect -16 -13 -57 -24 -44 Currency-adjusted income corresponding period last year excluding acquisitions 683 641 2,009 1,861 2,607 Revenue corresponding period previous year 606 483 1,790 1,387 1,972 Organic growth 77 158 220 474 634 Organic growth, % 13% 33% 12% 34% 32% SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Working capital Inventories 372 386 372 386 344 Trade receivables 455 416 455 416 414 Other receivables 129 116 129 116 124 Trade payables -142 -206 -142 -206 -111 Other liabilities -626 -608 -626 -608 -625 Working capital 187 104 187 104 146 SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Operating margin (EBIT-margin) Operating profit 119 64 282 151 254 Revenue 685 606 1,942 1,790 2,467 Operating margin, % 17.4% 10.6% 14.5% 8.4% 10.3% SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Debt/equity ratio Interest-bearing liabilities 1,102 1,096 1,102 1,096 1,104 Equity 829 536 829 536 602 Debt/equity ratio, factor 1.3 2.0 1.3 2.0 1.8 SEK m Q3 2026 Q3 2025 Jan-Sep 2026 Jan-Sep 2025 Full-year 2025 Equity/assets ratio Equity 829 536 829 536 602 Total assets 2,721 2,493 2,721 2,493 2,474 Equity/assets ratio, % 30% 21% 30% 21% 24%
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19 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Key Performance measures Definition Justification for use of metrics Number of employees Average number of full-time employees during the period, including part-time employees converted to FTEs The number of employees is a measure of the number of employees in the Company needed to generate profit for the period. Gross margin, % Gross profit relative to the operations' net sales The gross margin is used to measure production profit- ability. EBITA Operating profit/loss before amortization and im- pairment of intangible assets EBITA is used to measure earnings from operating ac- tivities excluding amortization and impairment of intan- gible assets. EBITDA Operating profit/loss before depreciation, amortiza- tion and impairment EBITDA is used to measure earnings from operating activities excluding depreciation, amortization and im- pairment. EBITDA margin, % Operating profit/loss before depreciation/amortiza- tion in relation to net sales The EBITDA margin is used to illustrate EBITDA in rela- tion to sales. Equity per share Equity divided by average number of shares out- standing A measure of the proportion of the company's recog- nized equity that each share represents. Cash flow after continu- ous investments Cash flow from operating and investing activi- ties (excluding business acquisitions) Cash flow after continuous investments is used as a measure of the cash flow generated by operating activi- ties and continuous investments. Net debt Interest-bearing liabilities less cash and cash equiv- alents Net debt represents the Company’s capacity to pay off all debts should they fall due for payment as of the bal- ance sheet date using the Company’s available cash and cash equivalents on the balance sheet date. Net debt/EBITDA LTM Net debt at the end of the period in relation to rolling 12-month EBITDA A measure of financial risk showing net debt to cash generation. Organic growth, % Change in total revenue for the period adjusted for acquisitions, disposals and currency, compared with total revenue for the comparative period. Ac- quired businesses are treated as acquisition effects during the first 12 months following the acquisition date and are thereafter included in organic growth. Organic growth is used to analyze the underlying change in sales driven by comparable units between different periods. Currency adjusted growth, % Financial information translated using the same ex- change rates as those applied in the corresponding period of the previous year. Reflects underlying business performance excluding currency translation effects. Working capital Inventories, trade receivables and other Inventories, accounts receivable and other current receivables less accounts payable and other liabili- ties Working capital is used to measure the Company's abil- ity to meet short-term capital requirements. Operating margin (EBIT margin), % Operating profit/loss in relation to net sales The operating margin is used to illustrate EBIT in rela- tion to sales and is a measure of the Company’s profita- bility. Debt/equity, factor Interest-bearing liabilities divided by shareholders' equity Debt-equity ratio measures the extent to which the Company is financed by loans. Equity/assets ratio, % Shareholders' equity as a percentage of total as- sets The equity/assets ratio shows the percentage of total assets financed by the shareholders through equity.
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20 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) Stockholm, October 21, 2026 Gitte Pugholm Aabo Chairman of the Board Ingrid Bojner Board Member Caroline Ingre Board Member Carl Bandhold Board Member Henrik Eskilsson Board Member Maarten Barmentlo Board Member Fredrik Ruben CEO The report has been subject to review by the Company’s auditors. This is a translation of the original Swedish interim report. In the event of a discrepancy between this translation and the Swedish original, the Swedish interim report takes precedence. This information is inside information that Dynavox Group AB (publ) is obliged to make public pur- suant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, on October 21, 2026, at 07:30 CEST. Information to shareholders WEBCAST PRESENTATION A webcast presentation will be held in English today at 09.00 (CEST). See www.dynavoxgroup.com for more information about the conference. The images from the presentation can then be downloaded from the website. CONTACT DETAILS Fredrik Ruben, Chief Executive Officer, fredrik.ruben@dynavoxgroup.com Jacob Thordenberg, Investor Relations, CFO, jacob.thordenberg@dynavoxgroup.com Dynavox Group AB (publ) • Corporate ID number: 556914-7563 Mailing address: Löjtnantsgatan 25, 115 50 Stockholm, Sweden Tel. +46 (0) 8 102 374 www.dynavoxgroup.com FINANCIAL CALENDER Year End Report Q4 2026 February 4, 2027 Annual Report 2026 Week 13/14 Interim Report Q1 2027 April 23, 2027 AGM 2027 May 4, 2027 Interim Report Q2 2027 July 16, 2027 Interim Report Q3 2027 October 21, 2027 Year End Report Q4 2027 February 4, 2028
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21 OTHER INFORMATION INTERIM REPORT Q3 2026 DYNAVOX GROUP AB (PUBL) AUDITOR’S REPORT Dynavox Group AB (publ) corp. Reg. no. 556914-7563 INTRODUCTION We have reviewed the condensed interim financial information (interim report) of Dynavox Group AB as of 30 September 2026 and the nine-month period then ended. The board of directors and the CEO are responsible for the preparation and presentation of the interim financial information in accordance with IAS 34 and the Swedish 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 the International Standard on Review Engagements ISRE 2410, Review of Interim Report Performed by the Independent Auditor of the Entity. A review consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing, ISA, and other generally accepted auditing standards in Sweden. The procedures performed in a review do 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 attention that causes us to believe that the interim report is not prepared, in all material respects, in accordance with IAS 34 and the Swedish Annual Accounts Act, regarding the Group, and with the Swedish Annual Accounts Act, regarding the Par- ent Company. Stockholm October 21, 2026 Öhrlings PricewaterhouseCoopers AB Camilla Samuelsson Authorized Public Accountant