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Meeting needs beyond tomorrow Meeting needs beyond tomorrow Electrolux Professional Group SEB January 8, 2026
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Operates on structurally growing end-markets Geographically balanced business Track record of solid EBITA, cash flow, dividend payout Positioned to grow margin thanks to efficiency program and high margin products Focused plan to grow organically, with the means to accellerate with potential M&A Sustainability leader A solid Group with a large potential Unlocking profitable growth 2JANUARY 2026
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Progressing towards our financial targets 4% 2025 QTD 0.9% (2024: -0.1) Organic Net sales growth target 15% 2025 QTD: 11.9%* (2024: 11.6%) Profitability target Operating working capital as per cent of net sales 15% 2025 QTD: 16.2% (2024: 16.4%) Assets efficiency target Net debt/EBITDA ratio below 2.5x 2025 QTD: 1.2x (2024: 1.4x) Capital structure target 30% of income Dividend 2025: SEK 0.85/Share (2024: 0.80/Share) 3JANUARY 2026 *excluding items affecting comparability
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Building blocks to achieve 15% EBITA margin EBITA margin* R12 Q3 2025 Organic development supported by new products Medium term expected EBITA margin Stronger mix: - Customer care - US and chainsPrice, net of inflation and tarrifs 4JANUARY 2026 Cost out activities R&D normalization * Excl items affecting comparability 2 3 4 51 11.9% 15%
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Tariff impact – tariffs to be mitigated 13% 12%75% Group sales US produced US imported Rest of world • US sales represents approximately 25% of Group sales, less than half are subject to tariffs • Tariffs impact in EBITA (after mitigation actions) has been approx. SEK -10m in Q3 and SEK -25m QTD • Current and next year price increases are expected to cover tariff impact for 2026 5JANUARY 2026 1 1 Price
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Currency has negatively affected our profit 6JANUARY 2026 9,254 9,084 8,976 9,084 1,061 1,083 1,024 1,140 Net Sales SEKm EBITA SEKm 11.5% 11.9% 11.4% 12.5% Jan-Sept 2024 Jan-Sept 2025 As reported Jan-Sept 2024 Jan-Sept 2025 Both years at average 2025 rates neutralizing currency impact • Currency translation reduced YOY the top line by approx. 3% and EBITA by approx. SEK 35m but with no material impact on margin • Currency transaction affected the EBITA by approx. SEK -60m or 0.6 ppt in margin *Excluding items affecting comparability EBITA margin*, % 1 1 Price
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• R&D is currently higher than normal driven by Laundry and Cooking • Following new product launches we will expand our sales and digital capabilities Product innovation key to drive volume 7JANUARY 2026 Induction Neoblue one-touch dishwasher New Laundry platform 2 2 Growth
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• One Modular Platform, multiple applications • 2026 launch cover 1/3 of laundry volumes • Launch Roadmap 2026 – 2027 • Expand into new segments • Sustainability and Efficiency New Laundry Platform: Driving Efficiency, Sustainability & Growth 8 Enlarged accessible market and reinforced Technical Leadership 2 2 Growth JANUARY 2026
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9 Strengthen our leadership in Horizontal cooking JANUARY 2026 • We are a leader in Horizontal cooking in Europe • Increase the margin of one of the most profitable product lines • Enter unsaturated segment with very few players and with higher growth potential 2025 e-XP Liberolight Thermaline free zone induction 2026 Multifunctional cooker compact Next generation Modular cooking line 2 2 Growth
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Meeting needs beyond tomorrow 10JANUARY 2026 We are the Sustainability leader of our industry2 2 Growth
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11 Partnering and investing in Mimbly – a cleantech company Strengthens our sustainability leadership JANUARY 2026 • Access to innovative water-saving and microplastics filtration technology • Mimbly’s Mimbox reduces water use, filters microplastics to 50 microns, and saves energy by retaining water • We will co-develop a new solution within microplastic filtration • Upcoming regulatory requirements and the need for water efficiency key drivers for partnering with Mimbly • We will take a minority stake in the company 2 2 Growth
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12 Expand in high margin products, segments and geographies JANUARY 2026 Exit of • Drip coffee business • Semi-professional refrigeration •Semi-professional cooking in US Strengths in high margin products • Cold beverage • Cooking (mainly induction) and ovens • Laundry Improved profitability due to manufacturing optimization • Swiss made horizontal cooking (Therma) • Espresso coffee Growth in • Chains in the US and Asia • consumer operated Laundry 2 2 Growth
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• Sales to Chains in the US has grown 13% first nine months of 2025 • In the US, good pipeline of potential roll-outs • Chains growing also outside US, especially in China – Asia where local chains are growing faster • Laundry now also in chains Growth in chains 13JANUARY 2026 China hood type dishwasher growing in Chinese food chains 3 3 Sales mix
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14 Acquisition of Royal Range assets – a US based Cooking company • High margin cooking segment in US • Expected sales of SEK 100m in 2025 • Complementarity of products with current Electrolux Professional’s offering • Complement Electrolux Professional’s sales channels and connection to mid-tier chains Ranges Fryers Ovens Griddles Key Products JANUARY 2026 3 3 Sales mix
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15 Profitable contract execution: creating value for customers Technician TODAY Customer Success Technician TOMORROW Repairs Maintenance Installation Warranty Connectivity Detergents Sales 15 Customer Success Technician • Built-in credibility — viewed as experts, not sellers • Time on-site — gets full picture in real-time • Understands customer equipment, service history, and priorities • Already on site, solving a problem, earning trust • Solving Problems customers did not know they had by promoting Connectivity and Detergents 3 3 Sales mix JANUARY 2026
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Customer care growth contributes to profit 16JANUARY 2026 0 500 1000 1500 2000 2017 2018 2019 2020 2021 2022 2023 2024 Customer care sales development, SEKm • Currently approximately 18% of sales 3 3 Sales mix
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Program launched to streamline our company and improve profitability 17JANUARY 2026 Increase operational flexibility and further safeguard future resilience Tackling underperforming products by transfer production to increase profitability Strategic competence shift with focus on digital, sales and marketing • To stay competitive and improve profitability • Expected savings of SEK 85m in 2026 and SEK 175m in 2027 Streamline of operations to improve profitability 4 4 Cost- out-
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Digital technology is transforming our industry streamlining processes for our partners and enhancing the efficiency of our operations. 18JANUARY 2026 Connected products Digital Customer platform • Back office, e-shop Mobile applications • Sales mobile app, Connectivity, Mobile app, Supporting apps CRM • 360 view of customer data, lead management Marketing technology Marketing automatization, digital customer journey, analytics and insights Digital tools & calculators • Configurator, Usages calculator, Booking tool, Virtual showroom 4 4 Cost- out-
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R&D cost development Peak in 2025 – expected to go down from H2 2026 19JANUARY 2026 • We started to increase R&D in 2024 (mainly in Laundry) when it was approximately SEK 550m • In 2025 R&D increased to approximately SEK 580m, driven by both Laundry and Cooking • Gradually, from second half 2026, we intend to start normalize R&D cost to be below SEK 500m per year 5 5 Recuced R&D
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20 → Market development positive in Europe and APAC-MEA – US more cautious → Increased efforts on cost savings and efficiency through new program → Increased profitability through production transfers of categories with currently too low margin → New product launches in Laundry and Cooking → Focus on untapped and unsaturated segments as well as strengths in high margin segments → Competence shift focusing on sales, go to market and digital capabilities → Progressive normalization of R&D cost and Capex → Mix up: Growth in chains and build on strengths in high margin products Summary - contributors to the 15% EBITA-margin Increased focus on sales and cost out JANUARY 2026 2 Growth 3 Sales mix 4 Cost- out- 5 Recuced R&D 1 Price
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Meeting needs beyond tomorrow
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22 The global Professional Equipment Industry 2024 Market size and underlying growth assumptions Source: Company estimates for 2024 Growing market over business cycle USD: ~26 bn Growth: 3-4% Laundry solutions Beverage solutions Food Solutions JANUARY 2026 USD: ~6 bn Growth: 3-4% USD: ~3.6 bn Growth: 2-3%
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23 A Global industrial footprint to serve customers expanding globally • 3 larger units/hubs: Italy, Sweden and Thailand • 11 smaller units in France, Switzerland, US, Japan and China Ljungby, Sweden Laundry Pordenone, Italy Food Rayong, Thailand Laundry JANUARY 2026
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The global professional equipment industry ** 2024 markets, own company estimates Laundry Company 1 Electrolux Professional Group Company 3 Company 4 Company 5 Company 6 Smaller companies USD ~2.9 bn** The 6 largest laundry equipment companies ** 2024 markets, own company estimates Company 1 Company 2 Company 3 Company 4 Company 5 Electrolux Professional Group Smaller companies Food & Beverage USD ~31 bn* The 6 largest professional food and beverage equipment companies JANUARY 2026 24
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Trends in the Professional Equipment Industry 25JANUARY 2026 Growth of out-of home spending Number of outlets is growing Tourism travel continue to grow Asia growing faster than other markets
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Offering outstanding customer experience A Group of trustable, category champion brands Sustainable and flexible commercial Laundry solutions to improve productivity and ergonomics Food Laundry Innovative beverage solutions that simplify use while reducing waste, for delicious, quality beverages Beverage Human-centered kitchen solutions that boost efficiency, to create great-tasting and effortless results 26JANUARY 2026
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Electrolux Professional sales per customer segment* Food & Beverage and Laundry Laundry Food & Beverage * Figures are partially estimates. Consumer and customer operated laundries 18% Restaurants 13% Restaurant chains 13% Hospitals and elderly homes 9% Hotels 13% Business, Industry and Retail and convenience stores 6% Public institutions 8% Bars and cafes 4% Commecial laundries 6% Others 2% JANUARY 2026 27
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28 Strategic priorities confirmed with additional contribution from cost and efficiency GROW through innovation Innovation – Sustainability - Energy efficiency - Connected and digital platform. EXPAND in high margin products, segments, and geographies Grow sales organically in laundry, restaurant chains. and cooking. Potential M&A. INVEST in Digitalization to unlock additional customer value and process efficiency BOOST Customer Care & Service as a solution offer Global service network - Increase sales of spare parts, service, consumables. JANUARY 2026 Streamline of operations to improve profitability
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3% 3% 8% 0% 0% 4% 8% 12% Q4 Q1 2025 Q2 Q3 Organic sales development Food & Beverage Americas 29 • Driven by focus on some key activities — Supporting reps with demonstrations — More customer meetings — Test with more brand, product and category focus • In Q3 2025 sales to Chains grew by 8%, but sales to the general market declined Our US Food & Beverage business improved in 2025 Despite uncertainty around tariffs JANUARY 2026
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30 M&A continue to be high on the agenda with a clear focus on acquisition strategy JANUARY 2026 North America Chains Cooking Technology
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• Electrolux Professional third-party washers insourced • Office, IT system and legal merger executed • Japanese Combo machines launched in SEA through our own sales organization • Some laundry products moved to Thailand, and Food preparation products imported to Japan are tested and labeled “Tested by TOSEI” to build on brand trust • Electrolux Professional SkyLine combi oven being launched Integration of TOSEI continue in line with plan TOSEI Coin-operated Washer/Dryer Tospack Table-top vacuum solution 31JANUARY 2026
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32 Boost Customer care and Service-as-a- solution offer JANUARY 2026 Remote service Accessories Consumables Spare Parts 1900 authorized service centres 7000 expert technicians Empowered customer operations with Smart Connectivity
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Digital platform development 33JANUARY 2026 Digital customer platform deployed in 35 countries Where deployed 45% of all customer interactions digitalized Where deployed 85% of our orders go through the platform • The 35 countries using the Digital platform represents approximately 55% of Group sales
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Sales and EBITA growth 2019 – 2025 *Excluding items affecting comparability 34JANUARY 2026 Net sales by geography 2024 58% Europe 25% Americas 17% APAC&MEA 60% Food & Beverage 40% Laundry Net sales by segment 2024 9,281 7,263 7,862 11,037 11,848 12,583 12,414 1,090 533 663 1,146 1,317 1,461 1,482 11.7% 7.3% 8.4% 10.4% 11.1% 11.6% 11.9% 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Net Sales SEKm EBITA SEKm EBITA margin,%* Part of Electrolux Group % 2019 2020 2021 2022 2023 2024 R12 Q3 2025
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Food & Beverage development Improving margin in a business larger than at the spin-off 5,895 4,198 4,704 7,290 7,616 7,585 7,485 635 142 299 695 766 808 777 10.8% 3.4% 6.4% 9.5% 10.1% 10.7% 10.4% 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Net Sales SEKm EBITA SEKm EBITA% Food & Beverage 2019 2020 2021 2022 2023 2024 EBITA and EBITA%, excl Items Affecting Comparability (IAC) 35JANUARY 2026 R12 Q3 2025 • Progressively improved profit and profitability after Covid • 2025 EBITA has been negatively affected by mix, currency, higher R&D spend and to some extent tariffs
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Laundry development Significantly larger, more profitable business than at the spin-off JANUARY 2026 EBITA and EBITA%, excl Items Affecting Comparability (IAC) * TOSEI (acquired in 2024) is margin dilutive, before synergies. 3,386 3,065 3,159 3,747 4,231 4,998 4,956 472 489 492 627 702 811 856 13.9% 16.0% 15.6% 16.7% 16.6% 16.2% 17.3% 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Net Sales SEKm EBITA SEKm EBITA% Laundry 2019 2020 2021 2022 2023 2024* R12 Q3 2025 • Continued profitable growth journey • Margin improving also in 2025 despite large currency, and some tariff impact 36
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Proven good cash flow over the years * In 2022, cash flow impacted by increase of Operating Working Capital 1,167 1,131 1,138 570 1,116 636 1,453 1,548 1,413 1,098 1,188 1,058 456 663 1,111 1,317 1,461 1,247 2017 2018 2019 2020 2021 2022* 2023 2024 R12 Q3 2025 Operating cash flow after investments EBITA, SEKm Pre - Covid 37JANUARY 2026
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Net debt/EBITDA ratio is below limit of 2.5x also after recent acquisitions 38JANUARY 2026 • Fast deleverage capacity, also after each acquisition • Current ratio net debt on EBITA, without items affecting comparability is close to 1x Q4 2022 Q4 2023 1,030 549 407 1,705 2,196 2,050 2,086 1,390 3,106 2,481 2,277 1,922 1.3 0.8 0.5 1.9 2.0 1.5 1.3 0.9 1.9 1.4 1.3 1.2 - 500 1,000 1,500 2,000 2,500 3,000 3,500Net debt, SEKm Net debt/EBITDA Limit 2.5x Q3 2025 Q2 2025 Q2 2024 Q2 2023 Q2 2021 Q2 2020 Q4 2020 Q4 2021 Q2 2022 Q4 2024 TOSEI and AdventysUnified Brands
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• Progressively higher income and strong cash generation supported increased dividend payout Dividend in line with 30% policy 30% 30% 30% 30% 0.50 0.70 0.80 0.85 2021 2022 2023 2024 pay-out SEK/share (the following year) 39JANUARY 2026
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• Consistent and resilient cash flow generation enables smooth refinancing of upcoming maturities • Substantial funding firepower: • SEK 5.7 billion available under existing debt capital market programmes • Back up liquidity available via EUR 240 million undrawn Revolving Credit Facility Credit maturity profile and Funding capacity 40JANUARY 2026 Debt Maturity Profile* -3000 -2500 -2000 -1500 -1000 -500 0 2025 2026 2027 2028 2029 NIB & SEK** Commercial Paper Bonds RCF Capacity *As of 2025-09-30 **NIB - Nordic Investment Bank, SEK - Svensk Exportkredit
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41 Capex development 2019 – 2025 JANUARY 2026 2.7% 3.8% 2.0% 1.4% 1.6% 2.5% 2.8% 2019 2020 2021 2022 2023 2024 R12 Q3 2025 CAPEX % of net sales • High Capex in 2020 due to investment in new factory in Thailand and low sales (Covid) • Capex currently higher due to large investments in product innovation. Expected to remain high in the coming quarters
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Operating Working Capital and inventory development 17.7% 19.9% 14.9% 16.7% 18.1% 16.4% 16.2% 2019 2020 2021 2022 2023 2024 Q3 2025 Operating working capital % of net sales 42JANUARY 2026 • Progressively improving the working capital efficiency • 2022-2023 deterioration due to supply chains disruption. We also consciously increased inventory to serve customers
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A resilient foundation, well prepared for economic downturns The pandemic had twice the impact on sales vs 2009 Financial Crisis *Excluding divested businesses (Baring Industries, US (2010) and Heating element, Switzerland (2011) **Excluding Items affecting Co mparability (IAC) ***Includes Unif ied Brands from December 2021 +Group Total Net Sales ++Organic Sales (% change) excluding acquisition and divestments affecting comparability 2009 2011-2013 Global Financal crisis European recession – the Euro-crisis Separation from Electrolux Group 2019 2020-2021 Acquisitions 2017-2019 7,426 6,578 6,389 5,869 5,571 5,550 6,041 6,546 6,865 7,723 8,666 9,281 7,263 7,862 11,037 11,848 12,583 10.5% 9.4% 12.6% 12.0% 10.6% 9.2% 11.1% 13.2% 13.9% 14.2% 13.7% 11.7% 7.3% 8.4% 10.4% 11.1% 11.6% Net Sales SEKm EBITA%, excl IAC 2009 2014 2015 2016 2017 2018 2019 2020 2021*** 2022***2011 2012 201320102008 -11% +1.0% -0.2% -4.1% +1.7% +5.6% +2.8% +3.1% +5.6% +4.1% -0.3% -21.0% +10.6% +16.9% 2023 2024 Organic sales++ Net sales*+ and profitability development -0.2%+2.6% Pandemic JANUARY 2026 43
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Sales since 2019 +34% EBITA since 2019 +36% Cash flow since 2019 +24% Operating working capital 16.2% Savings from efficiency program SEK 175m Net debt/EBITDA 1.2x A solid Group with a large potential JANUARY 2026 44
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Meeting needs beyond tomorrow