Slides
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB Page 1 SEB Nordic Seminar 2026 Johan Nordström, CEO January 8, 2026
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB Johan Nordström CEO Joined Green Landscaping Group as CEO in 2015. Experience More than 25 years of experience from leading positions at several companies with international operations Education Studies in business administration and economics at Lund University and Gothenburg University and an MBA from Copenhagen Business School. Other ongoing assignments Board member at several of Green Landscaping Group’s subsidiaries. Board member, Eltel
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB Page 3 A HOME FOR ENTREPRENEURS Green Landscaping Group is a home for entrepreneurs We’re active in the areas of grounds maintenance, green space management and landscaping
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB Page 4 Investment case Large attractive market with structural growth Entrepreneurial culture in a decentralized structure Value creation through proven M&A strategy
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB ▪ Good and steady growth with low-cyclical characteristics ▪ predictable, long-term maintenance contracts ▪ Large and highly fragmented ▪ Exposed to favorable megatrends ▪ Population growth and urbanization ▪ Safe, secure and attractive outdoor areas ▪ Coping with effects of climate change ▪ Notable entry barriers A very large attractive market
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB Development of Green Landscaping House on fire Centralized organization Decentralization starts Turnaround Legacy group DBS implemented IPO Decentralization ongoing SDP ongoing High M&A growth Green Business System Turnaround Sweden New MGM team
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB Business Model - Decentralization Long history of successful entrepreneurship Agile leadership to serve local customers Proven ability to develop businesses SWEDEN NORWAY FINLAND LITHUNIA GERMANY SWITZERLAND
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB ▪ Target criteria ▪ Top-tier financial performance ▪ Cultural fit ▪ Strategic fit ▪ Geography will widen ▪ Aggressive in DACH with Munich as node ▪ Opportunistic in the Nordics & Baltics ▪ Target to acquire 80–100 MSEK in EBITA per year, considering capacity constraints M&A agenda
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Page 9 Board and management are big and long-term owners Management ownership >15% Active and engaged board lead by Per Sjöstrand Market cap 2.5 SEK billion (Oct 2025) Largest shareholders as of 31 October 2025 No. of shares % of equity and votes Salén family via company 10 140 298 17,9% Byggmästare Anders J Ahlström Holding AB 9 660 123 17,0% Johan Nordström 3 551 536 6,3% AP2, Second Swedish National Pension Fund 3 345 274 5,9% Handelsbanken Fonder 2 824 664 5,0% Nordnet Pensionsförsäkring 2 561 727 4,5% AFA Försäkring 2 278 847 4,0% Peter Lindell 1 390 000 2,4% ODIN Fonder 1 371 071 2,4% Avanza Pension 1 122 840 2,0% Total, 10 largest shareholders 38 246 380 67,3% Other shareholders 18 553 195 32,7% Total 56 799 575 100%
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB Page 10 Financial targets 10% 8% 2.5x NET DEBT / EBITDA, EOYTOTAL GROWTH EBITA MARGIN Sales shall, on average, grow by 10 percent per year (organically and via acquisitions) EBITA margin shall, on average, amount to 8 percent per year Net debt in relation to EBITDA shall over the long term, not exceed 2.5 times *Fourth financial target; “Approximately 40% of profit for the year shall be distributed as dividends to shareholders.”. In line with previous years, the AGM on May 9, 2025, decided not to distribute any dividend for the fiscal year 2024. 7 46 53 21 9 2020 2021 2022 2023 2024 2025 Q3 RTM 0 2020 2021 2022 2023 2024 2025 Q3 RTM 4,7 7,3 8,5 8,8 8,3 7,5 2020 2021 2022 2023 2024 2025 Q3 RTM 2,8 2,4 2,4 2,5 2,5 3,0
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB European Champion
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB
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0-94-72 97-181-95 196-223-190 219-207-197 168-125-182 77-89-163 255-217-30 RGB