Interim report
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Interim report Second quarter 2026
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Second quarter 6 months Rolling 12 months Full year SEK m, unless otherwise indicated Apr–Jun 2026 Apr–Jun 2025 Change% Jan–Jun 2026 Jan–Jun 2025 Change% 2026 2025 Unadjusted accounting metrics Total income 4,053 4,206 -4 7,807 8,482 -8 16,355 17,030 Total costs -2,999 -3,058 -2 -5,921 -6,380 -7 -16,688 -17,147 EBIT 1,137 1,326 -14 2,630 2,358 12 707 435 Net income/loss1 178 324 -45 -193 425 n/a -2,047 -1,429 Earnings/loss per share, SEK 1.32 2.69 -51 -1.43 3.52 n/a -15.14 -11.25 Adjusted accounting metrics Adjusted EBIT 1,151 1,386 -17 2,652 2,484 7 5,513 5,345 Servicing KPIs Servicing leverage ratio 6.2x 5.7x Servicing EBIT margin, % 23 23 0 22 22 0 -10 -9 Other Items affecting comparability 14 60 -77 22 126 -83 4,806 4,910 1) Amounts attributable to the Parent’s shareholders. • Successfully executed key balance sheet strengthening initiatives, which completed in July. A SEK 7.5bn fully guaranteed capital raise and a SEK 2.4bn portfolio sale, contributed to rating upgrades by S&P and Moody’s to B- and B3. • Operational transformation continues with cost developing according to plan. • Continued Servicing income growth in Traditional markets, however not sufficient to offset the decline in Specialised markets. Second quarter 2026 summary Total income, SEK m 4,053 EBIT, SEK m 1,137 Earnings per share, SEK 1.32 Servicing leverage ratio, RTM 6.2x Q2 in brief 2 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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“Our focus remains unchanged: disciplined execution, operational improvements and building a stronger, more resilient Intrum” Johan Åkerblom, President and CEO Comment by the President and CEO Strengthening our foundations through disciplined execution During the second quarter, we continued to execute on the priorities set out in our Intrum 2030 strategy. While market conditions and trends remained similarly challenging, affecting our financial performance, we took several important steps to strengthen our balance sheet and to improve the foundations for long-term value creation. Our focus remains unchanged: disciplined execution, operational improvements and building a stronger, more resilient Intrum. Strengthening our balance sheet has been a key priority over the past year, and during the period we reached several important milestones. We announced a SEK 7.5bn fully guaranteed capital raise, and we initiated the consent process for the sale of the remaining portfolio to Brocc, as communicated in January. Together, these actions improve our financial flexibility and support our deleveraging, providing a wider institutional shareholder base, as well as a stronger financial platform for the continued execution of our strategy. This progress was acknowledged by credit rating upgrades from both Moody’s and S&P. Within Servicing, we saw continued growth in our Traditional markets during the quarter, while client retention remained high, demonstrating the strength of our client relationships and the attractiveness of our commercial offering. We also continued to invest in our commercial capabilities. As the market evolves, an increasing number of 3 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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investors are looking for experienced servicing partners with deep local market knowledge and the ability to support multi-market and multi-asset investment strategies. This creates opportunities to leverage our scale and expertise, and generate additional servicing volumes in line with our strategy. We are now expanding this offering across our markets, building on the progress made in the Nordics and Central Europe. Despite this commercial momentum, weaker-than- expected developments in some of our markets weighed on Servicing income during the quarter. As a result, it is more challenging to show largely flat Servicing income in 2026. This reflects portfolio decay in Specialised markets, particularly Greece and Spain, combined with slower sales in the UK. Most of our Traditional markets continued to grow, with Germany as an exception, impacted by slower-than-expected onboarding of new clients and divestment of a non-profitable business line. Overall, the growth in Traditional markets did not fully offset the decline in our Specialised markets. We are not satisfied with the income development and our response, in addition to ongoing income initiatives, is concrete: we are accelerating Operational Excellence to further address the cost base and our operational performance while continuing to strengthen our balance sheet. We will report on the program’s progress in our next update. Within Investing, collection performance was in line with forecast during the quarter. We are now working to increase investing volumes, while maintaining strict pricing discipline in a highly competitive market. Our capital-light strategy is progressing, together with our main partner Brocc, supporting capital efficiency and increasing partner volumes within our Servicing business. During the quarter, we completed five investments with our capital partners. While our financial performance this quarter reflects continued headwinds in some markets, our direction remains clear. We will continue to strengthen our financial position, execute on our operational transformation and allocate capital with discipline, while continuing to improving the way we serve our clients and customers. There is still much work to be done and we remain confident that consistent execution of our strategy will strengthen Intrum and improve our ability to create sustainable long-term value for our clients, shareholders and other stakeholders. Stockholm, August 2026 Johan Åkerblom President and CEO “Within Servicing, we continued to grow in our Traditional markets, while client retention remained strong, demonstrating the strength of our client relationships.” 4 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Quarterly development Total income amounted to SEK 4,053m (4,206). The decline of four percent was primarily driven by lower Servicing fee income, which decreased by six percent, with an organic decline of two percent related to Servicing segment. Interest income decreased by three percent following a smaller investment book, partly offset by higher other income of SEK 311m (263). Results from Shares of Associates and Joint Ventures amounted to SEK 111m (175). The year on year decline was mainly driven by Savoy Group being consolidated fully from 31 March and therefor no longer reported within the joint venture line, together with a lower contribution from the Orange portfolio. This was partially offset by a positive contribution from the portfolio in Portland SRL of SEK 69m (13). Operational costs continued to decrease and was two percent lower year on year. Total costs amounted to SEK -2,999m (-3,058) for the quarter. Personnel expenses declined by seven percent, explained by continued FTE reductions from 8,855 to 8,149. IT expenses and other operating expenses are slightly higher and legal cost are SEK 129m higher, which is due to cost from Savoy Group being consolidated fully. Net credit gains/losses were primarily impacted by impairments on portfolios in Germany and France. EBIT decreased to SEK 1,137m (1,326) for the quarter, and for the first six months, it amounted to SEK 2,630m (2,358), representing an increase of 12 percent year on year, primarily due to net credit gains of SEK 514m and lower personnel expenses. Depreciation and amortisation amounted to SEK -196m (-281), reflecting the lower asset base following impairments of intangible assets recognised in 2025, resulting in reduced future amortisation. Net financial expenses decreased by 33 percent to SEK -576m (-769). The decrease was driven by positive exchange rate effects of SEK 152m, which was partly related to implementation of net investment hedging, and an impairment reversal of SEK 307m from the first quarter. Income tax expense for the quarter amounted to SEK -277m (-152) and was impacted by a one-off adjustment of SEK 97m relating to taxes from prior years in Italy. The servicing leverage ratio increased to 6.2x compared to 5.7x at the end of last year, reflecting a lower Servicing EBITDA. Key financial metrics Financial targets 25% Current Rolling 12 months 20261 Target 2030 30–35%Servicing EBIT margin SEK 11.9 bn Current Rolling 12 months 20261 Target 2030 SEK 10–11 bnTotal costs Servicing leverage ratio 6.2x Current Rolling 12 months 20261 Target 2028 3.0x 1) The target is on an unadjusted basis, while the current RTM figure is adjusted for IACs. 5 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Segment overview Key figures second quarter Second quarter, Apr–Jun 2026 Second quarter, Apr–Jun 2025 SEK m Servicing Investing Central Eliminations Consolidated Servicing Investing Central Eliminations Consolidated External income 2,878 1,172 3 - 4,053 2,979 1,222 6 - 4,206 Internal income 371 0 179 -551 - 422 1 18 -440 - Income 3,249 1,172 182 -551 4,053 3,400 1,222 24 -440 4,206 Share of results from associates and joint ventures 20 91 - - 111 14 161 - - 175 Personnel expenses -1,304 -22 -161 - -1,488 -1,362 -8 -228 - -1,598 Other operating costs -1,044 -638 -184 551 -1,315 -1,000 -598 -21 440 -1,178 Depreciation and amortisation of intangible and tangible assets -173 -2 -21 - -196 -256 -2 -24 - -281 Total costs -2,522 -662 -366 551 -2,999 -2,617 -608 -273 440 -3,058 Net credit gains/losses - -27 - - -27 - 3 - - 3 EBIT 747 575 -184 - 1,137 798 777 -249 - 1,326 Items affecting comparability in EBIT1 14 - - - 14 39 -1 21 - 60 Adjusted EBIT 761 575 -184 - 1,151 837 777 -228 - 1,386 Cost to income (C/I) ratio, % 78 56 - - 74 77 50 - - 73 1) Refer to page 10 for details on Items affecting comparability. 6 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Key figures 6 months 6 months, Jan–Jun 2026 6 months, Jan–Jun 2025 SEK m Servicing Investing Central Eliminations Consolidated Servicing Investing Central Eliminations Consolidated External income 5,615 2,186 6 - 7,807 6,006 2,464 11 - 8,482 Internal income 707 0 361 -1,068 - 789 1 39 -829 - Income 6,322 2,186 367 -1,068 7,807 6,795 2,465 51 -829 8,482 Share of results from associates and joint ventures 50 181 - - 231 30 233 - - 263 Personnel expenses -2,544 -40 -324 - -2,908 -2,824 -25 -439 - -3,288 Other operating costs -2,092 -1,209 -394 1,068 -2,627 -2,023 -1,310 -44 829 -2,548 Depreciation and amortisation of intangible and tangible assets -340 -4 -42 - -386 -492 -4 -48 - -544 Total costs -4,977 -1,252 -760 1,068 -5,921 -5,339 -1,338 -531 829 -6,380 Net credit gains/losses - 514 - - 514 - -7 - - -7 EBIT 1,394 1,629 -393 - 2,630 1,487 1,353 -482 - 2,358 Items affecting comparability in EBIT1 22 - - - 22 80 21 25 - 126 Adjusted EBIT 1,417 1,629 -393 - 2,652 1,567 1,374 -457 - 2,484 Cost to income (C/I) ratio, % 79 57 - - 76 79 54 - - 75 1) Refer to page 10 for details on Items affecting comparability. 7 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Servicing 8 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum Credit management with a focus on solutions for late payments and collections for our external customers External income amounted to SEK 2,878m (2,979), with organic decline of two percent. The organic decline was driven by the specialised markets, while our traditional markets had mid single-digit positive growth. The costs continued to decline and amounted to SEK 2,522m (2,617), representing an organic decline of four percent, driven by lower personnel expenses and depreciation and amortisation. The Specialised markets accounted for a relatively larger decline of costs. EBIT amounted to SEK 747m (798), representing a decrease of six percent, driven by declining revenues, partly offset by lower costs. The Specialised markets were the largest contributors to the lower EBIT. The EBIT margin of 23 percent (23) is in line with the second quarter last year. Second quarter 6 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Change % Jan–Jun 2026 Jan–Jun 2025 Change % 2025 External income 2,878 2,979 -3 5,615 6,006 -7 12,270 Internal income 371 422 -12 707 789 -10 1,560 Income 3,249 3,400 -4 6,322 6,795 -7 13,830 Share of results from associates and joint ventures 20 14 37 50 30 64 69 Personnel expenses -1,304 -1,362 -4 -2,544 -2,824 -10 -5,454 Other operating costs -1,044 -1,000 4 -2,092 -2,023 3 -4,240 Depreciation and amortisation of intangible and tangible assets1 -173 -256 -32 -340 -492 -31 -5,392 Total costs -2,522 -2,617 -4 -4,977 -5,339 -7 -15,087 EBIT 747 798 -6 1,394 1,487 -6 -1,188 Items affecting comparability in EBIT 14 39 -66 22 80 -72 4,669 Adjusted EBIT 761 837 -9 1,417 1,567 -10 3,481 KPIs Change in external income, % -3 -7 4 -7 -5 -2 -3 – thereof organic growth -2 -3 1 -4 -2 -2 - – thereof effect from full consolidation of Savoy Group -1 - -1 0 - 0 - – thereof foreign exchange 0 -4 4 -2 -2 0 -3 Servicing EBIT margin, % 23 23 - 22 22 0 -9 Adjusted Servicing EBIT margin, % 23 24 0 22 23 -1 25 Servicing EBITDA 921 1,053 -13 1,735 1,979 -12 4,205 Cash flow from associates and joint ventures 36 - n/a 36 19 92 38 1) Impairment of goodwill is included at SEK 3,951m for the full year 2025.
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Investing 9 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum Intrum invests in portfolios of overdue receivables and similar claims, after which Intrum’s Servicing business collect on the claims acquired Income amounted to SEK 1,172m (1,222), with an organic decline of five percent partially offset by a positive exchange rate impact of one percent leading to a total decline of four percent. The organic decline amounted to 15 percent, excluding effects from the consolidation of Savoy group. The decline is a natural consequence of the capital-light strategy with a shrinking investment book. EBIT during the quarter amounted to SEK 575m (777), representing an organic decline of 27 percent with Traditional markets as the main driver. Collection performance came in at 102 percent (106) of active forecast for the quarter. During the period, Intrum invested SEK 197m (140) at an IRR of 19 percent (19) in line with the strategy (established prior to the capital raise) to do selective opportunistic investments at high returns. Book value for portfolio investments continued to decrease, mainly as a consequence of the limited investments, and ended at SEK 25,307m (27,350). Book value includes assets held for sale. Second quarter 6 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Change % Jan–Jun 2026 Jan–Jun 2025 Change % 2025 Income 1,172 1,222 -4 2,186 2,465 -11 4,717 – thereof REOs 40 37 7 81 83 -2 171 Share of results from associates and joint ventures 91 161 -43 181 233 -22 463 Personnel expenses -22 -8 n/a -40 -25 61 -50 Other operating costs -638 -598 7 -1,209 -1,309 -8 -2,458 Depreciation and amortisation of intangible and tangible assets -2 -2 16 -4 -4 9 -7 Total costs -662 -608 9 -1,252 -1,338 -6 -2,515 Net credit gains/losses -27 3 n/a 514 -7 n/a 19 EBIT 575 777 -26 1,629 1,353 20 2,684 Items affecting comparability in EBIT - -1 -100 - 21 -100 23 Adjusted EBIT 575 777 -26 1,629 1,374 19 2,707 – thereof REOs -38 0 n/a -35 5 n/a 10 KPIs Gross collections 2,001 1,945 3 3,624 3,936 -8 7,501 Amortisation, % 43 39 4 41 39 2 39 Portfolio investments incl. associates and joint ventures 197 140 41 541 414 31 1,151 Collection index vs active forecast, % 102 106 -4 101 104 -3 103 IRR new investments, % 19 19 0 19 19 0 18 Cash flow from associates and joint ventures 45 9 n/a 105 120 -12 245 Book value portfolio investment1 25,307 27,350 -7 25,307 27,350 -7 25,336 ERC 48,468 48,319 0 48,468 48,319 0 45,646 1) Comparative periods have been re-calculated to reflect full consolidation of Savoy group.
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Financial overview Net debt reconciliation1 SEK m 30 Jun 2026 30 Jun 2025 31 Dec 2025 Borrowings 47,993 51,135 47,591 Lease liability 579 666 602 Deferred liabilities 152 389 359 Gross debt 48,724 52,190 48,552 Cash and cash equivalents -3,004 -3,472 -3,094 Net debt 45,720 48,718 45,459 Book value portfolio investment 25,307 27,350 25,336 Investing share of net debt² 20,246 21,880 20,269 Net debt 45,720 48,718 45,459 Investing share of net debt² -20,246 -21,880 -20,269 Servicing share of net debt 25,474 26,838 25,190 Servicing leverage ratio Second quarter 6 months Rolling 12 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2026 2025 Servicing EBIT 747 798 1,394 1,487 -1,280 -1,188 Depreciation and amortisation3 173 256 340 493 5,241 5,392 Servicing EBITDA 921 1,053 1,735 1,979 3,961 4,205 IAC in Servicing 14 39 22 80 137 195 Servicing leverage ratio 6.2x 5.7x Items affecting comparability Second quarter 6 months Rolling 12 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2026 2025 EBIT 1,137 1,326 2,630 2,358 707 435 Goodwill impairment - - - - 3,951 3,951 Impairments other intangible assets - - - - 588 588 Other 14 60 22 126 267 371 Total items affecting comparability 14 60 22 126 4,806 4,910 Adjusted EBIT 1,151 1,386 2,652 2,484 5,513 5,345 1) Comparative periods have been re-calculated to reflect full consolidation of Savoy group. 2) 80 percent of the book value of portfolio investment. 3) Impairment of goodwill is included at SEK 3,951m for the full year 2025. 4) Other financial items were positively impacted for second quarter by the reversal of an impairment loss related to the Savoy Group (see Note 3). Net financial items specifications Second quarter 6 months Rolling 12 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2026 2025 Interest income 11 30 19 53 80 114 Interest costs -912 -686 -1,786 -1,362 -3,646 -3,222 Interest cost on leasing liability -13 -19 -27 -32 -54 -60 Exchange rate differences 152 -63 -152 -77 731 806 Amortisation of borrowing costs -142 -25 -279 -50 -700 -471 Commitment fee -1 0 -2 1 -548 -546 Other financial items4 327 -6 29 -12 3,227 3,186 Total net financial expense -576 -769 -2,197 -1,479 -911 -193 10 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Yearly Group overview SEK m 2025 2024 2023 2022 2021 Total income 17,030 18,033 17,705 19,368 17,655 Total costs -17,147 -16,530 -15,284 -14,108 -11,605 EBIT 435 1,941 2,776 154 6,475 Net income/loss1 -1,429 -3,697 -187 -4,473 3,127 Earnings per share, SEK -11.25 -30.67 -1.56 -37.07 28.88 Adjusted EBIT 5,345 4,548 4,464 6,664 7,014 Adjusted net income/loss1 3,242 -1,353 1,079 410 3,531 Equity per share, SEK 80.27 111.01 138.89 153.68 183.33 Average number of employees (FTEs) 8,772 10,002 10,222 9,965 9,694 1) Amounts attributable to Parent company’s shareholders Quarterly overview, Group SEK m Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Total income 4,053 3,754 4,493 4,056 4,206 4,276 4,825 4,171 Total costs -2,999 -2,922 -6,033 -4,733 -3,058 -3,322 -4,395 -4,318 EBIT 1,137 1,493 -1,340 -583 1,326 1,032 570 -127 Net Income/loss1 178 -371 -2,249 396 324 101 -914 -1,210 Earnings per share, SEK 1.32 -2.75 -16.68 3.00 2.69 0.83 -7.56 -10.04 Adjusted EBIT 1,151 1,502 1,626 1,234 1,386 1,098 1,693 950 Adjusted net income/loss1 188 -365 711 2,011 369 150 -45 -235 Equity per share, SEK 98.75 99.03 80.27 104.17 105.56 99.08 111.01 114.33 Number of employees (FTEs) 8,149 8,267 8,381 8,580 8,855 9,042 9,354 9,664 1) Amounts attributable to Parent company’s shareholders Group overview Segment overview Servicing SEK m Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 20241 Q3 20241 External income 2,878 2,737 3,348 2,916 2,979 3,028 3,466 2,911 Internal income 371 336 385 387 422 367 414 437 Income 3,249 3,073 3,732 3,302 3,400 3,395 3,880 3,348 Total costs -2,522 -2,456 -5,568 -4,179 -2,617 -2,722 -3,366 -3,696 EBIT 747 647 -1,811 -863 798 689 521 -342 Adjusted EBIT 761 656 1,173 742 837 729 1,140 584 Adjusted EBIT Margin, % 23 21 31 22 25 21 29 17 1) 2024 numbers have been restated to reallocate certain income and costs previously reported as Central to Servicing. No impact on consolidated numbers. Investing SEK m Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 20241 Q3 20241 Income 1,172 1,013 1,125 1,127 1,222 1,243 1,350 1,250 Total costs -662 -590 -593 -583 -608 -730 -699 -632 EBIT 575 1,054 708 623 777 576 783 632 Adjusted EBIT 575 1,054 708 625 777 597 824 676 Portfolio Investments incl. associates and joint ventures 197 345 436 303 140 272 512 432 ERC 48,468 49 231 45,646 47,052 48,319 50,729 53,067 53,848 IRR, % 19 19 18 18 19 24 20 20 1) 2024 numbers have been restated to reallocate certain income and costs previously reported as Central to Investing. No impact on consolidated numbers. 11 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Second quarter 6 months Full year SEK m Note Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2025 Servicing fee income 2,691 2,857 5,271 5,738 11,653 Interest income 1,050 1,086 1,953 2,197 4,187 Other income 311 263 582 546 1,190 Total income 4,053 4,206 7,807 8,482 17,030 Share of results from associates and joint ventures 111 175 231 263 532 Personnel expenses -1,488 -1,598 -2,908 -3,288 -6,373 Other operating costs 4 -1,315 -1,178 -2,627 -2,548 -5,216 Depreciation and amortisation of intangible and tangible assets -196 -281 -386 -544 -1,018 Impairment of intangible and tangible assets - - - - -4,539 Net credit gains/losses -27 3 514 -7 19 Net operating income (EBIT) 1,137 1,326 2,630 2,358 435 Net financial expense -576 -769 -2,197 -1,479 -193 Income before taxes 561 557 433 879 242 Tax expenses 5 -277 -152 -464 -302 -1,314 Net income/loss from continuing operations 285 405 -31 576 -1,072 Net income/loss for the period 285 405 -31 576 -1,072 Financial reports Second quarter 6 months Full year SEK m Note Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2025 Attributable to shareholders: The Parent's shareholders in Intrum AB (publ) 178 324 -193 425 -1,429 Non-controlling interest 107 81 162 152 356 Total net income/loss for the period 285 405 -31 576 -1,072 Average number of shares (‘000): Before dilution 135,181 120,602 135,181 120,602 127,040 After dilution 135,181 120,602 135,181 120,602 127,040 Net income/loss per share, SEK: Before dilution 1.32 2.69 -1.43 3.52 -11.25 After dilution 1.32 2.69 -1.43 3.52 -11.25 Condensed consolidated statement of income 12 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Second quarter 6 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2025 Net income/loss from continuing operations 285 405 -31 576 -1,072 Items subsequently reclassified to statement of income Net foreign exchange translation differences 575 918 1,869 -1,290 -2,150 Net investment hedging gains/losses and other -339 -406 -339 153 -45 Items subsequently reclassified to statement of income 236 512 1,530 -1,138 -2,195 Items not subsequently reclassified to statement of income Net defined pension benefit remeasurement 0 -1 0 -1 12 Items not subsequently reclassified to statement of income 0 -1 0 -1 12 Other comprehensive income/loss for the period 236 511 1,530 -1,138 -2,184 Total comprehensive income from continuing operations 520 916 1,499 -562 -3,256 Total comprehensive income/loss for the period 520 916 1,499 -562 -3,256 Of which attributable to: The Parent’s shareholders in Intrum AB (publ) 384 739 1,283 -809 -3,489 Non-controlling interest 137 176 215 248 233 Total comprehensive income/loss for the period 520 916 1,499 -562 -3,256 Average number of shares (‘000): Before dilution 135,181 120,602 135,181 120,602 127,040 After dilution 135,181 120,602 135,181 120,602 127,040 Total comprehensive income/loss per share, SEK: Before dilution 3.85 7.59 11.09 -4.66 -25.63 After dilution 3.85 7.59 11.09 -4.66 -25.63 Consolidated statement of other comprehensive income 13 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Consolidated statement of financial position SEK m Note 30 Jun 2026 30 Jun 2025 31 Dec 2025 ASSETS Non-current assets Intangible assets 33,186 37,835 32,226 Portfolio investments 22,543 20,574 19,248 Investment in associates and joint ventures 325 2,404 2,534 Property, plant and equipment 142 195 154 Right-of-use assets 553 641 573 Deferred tax assets 1,300 1,877 1,394 Other financial assets 259 117 136 Total non-current assets 58,308 63,643 56,266 Current assets Assets held for sale 2,043 - - Property holdings 472 236 182 Tax receivable 393 681 333 Derivatives 10 3 - Receivables and other operating assets 4,642 6,192 4,870 Fiduciary assets 1,451 1,250 1,244 Cash and cash equivalents 3,004 3,017 2,574 Total current assets 12,015 11,379 9,202 TOTAL ASSETS 70,323 75,022 65,468 SEK m Note 30 Jun 2026 30 Jun 2025 31 Dec 2025 EQUITY AND LIABILITIES Shareholders' equity Share capital 3 3 3 Reserves 24,624 20,288 20,875 Retained earnings -11,278 -7,561 -10,027 Total shareholders' equity 13,350 12,730 10,851 Non-controlling interest 1,718 1,775 1,924 TOTAL EQUITY 15,067 14,505 12,775 LIABILITIES Non-current liabilities Net pension benefit liability 50 93 48 Borrowings 6 45,971 24,024 43,113 Other financial liabilities 501 576 256 Provisions 156 169 162 Deferred tax liability 886 1,038 902 Lease liability 420 486 432 Total non-current liabilities 47,984 26,385 44,913 Current liabilities Borrowings 6 277 24,065 271 Tax payable 552 353 661 Payables and other operating liabilities 4,678 8,170 5,264 Derivatives 0 10 - Fiduciary liabilities 1,451 1,250 1,244 Provisions 156 103 171 Lease liability 158 180 171 Total current liabilities 7,272 34,132 7,781 TOTAL LIABILITIES 55,255 60,517 52,693 TOTAL EQUITY AND LIABILITIES 70,323 75,022 65,468 14 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Consolidated statement of changes in Equity SEK m Share capital Other paid-in capital Reserves Retained earnings incl. net earnings for the year Total Shareholders’ equity attributable to Parent Company Shareholders Non-controlling interests Total equity As at January 1, 20261 3 18,390 4,757 -12,299 10,851 1,924 12,775 Comprehensive income/loss for the year Net income/loss for the year -194 -194 162 -31 Other comprehensive income for the year - Net defined benefit remeasurements 0 0 0 0 Foreign exchange differences 1,816 - 1,816 53 1,869 Net investment hedging differences -339 - -339 - -339 Total other comprehensive income - - 1,477 - 1,477 53 1,530 Total comprehensive income for the year - - 1,477 -194 1,283 215 1,499 Share dividend -422 -422 Effect of change in consolidation method2 1,215 1,215 - 1,215 Closing balance, 30 Jun 2026 3 18,390 6,234 -11,278 13,350 1,718 15,067 As at January 1, 2025 3 17,442 6,299 -10,356 13,388 2,079 15,467 Comprehensive income/loss for the year Net income/loss for the year 425 425 152 576 Other comprehensive income for the year Net defined benefit remeasurements -1 -1 - -1 Foreign exchange differences -1,234 - -1,234 -56 -1,290 Net investment hedging differences 153 - 153 - 153 Total other comprehensive income - - -1,081 -1 -1,082 -56 -1,138 Total comprehensive income for the year - - -1,081 424 -657 96 -561 Share dividend - - - -339 -339 NCI share repurchases - - - -61 -61 Closing balance, 30 Jun 2025 3 17,422 5,218 -9,933 12,730 1,775 14,505 1) Compared with the closing balance as of December 2025, SEK 525m has been reclassified from retained earnings to reserves in the opening balance as of January 2026, total equity remains unchanged. 2) Impact from the full consolidation of the Savoy group. Refer to Note 3 for further information. 15 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Consolidated statement of cash flow Second quarter 6 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2025 Cash flows from operating activities Net operating income (EBIT) from continuing operations 1,137 1,326 2,630 2,358 435 Net operating income (EBIT) 1,137 1,326 2,630 2,358 435 Not included in the cash flow Depreciation, amortisation and impairment 196 281 386 544 5,557 Net credit gains/losses 27 -3 -514 7 -19 Amortisation of portfolio investments 882 775 1,543 1,574 3,004 Other adjustment for items not included in cash flow -294 -268 -289 -200 -339 Non-cash adjustments 812 785 1,126 1,924 8,203 Dividends received from associates and joint ventures 81 9 141 138 282 Operating cash flows before working capital changes 2,030 2,120 3,898 4,420 8,920 Changes in working capital -104 295 -22 -72 190 Operating cash flows before taxes 1,926 2,415 3,876 4,348 9,110 Income taxes paid -358 -165 -461 -243 -525 Net cash flows from operating activities 1,569 2,250 3,415 4,106 8,585 Second quarter 6 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2025 Cash flow from investing activities Acquisition of portfolio investments -138 -179 -346 -353 -1,706 Disposal of portfolio investments - 27 - 173 643 Acquisition of intangible assets -94 -77 -163 -134 -398 Disposal of intangible assets 6 4 7 4 62 Acquisition of property, plant and equipment -6 -6 -12 -14 -30 Disposal of property, plant and equipment -3 - 1 2 15 Investment in associated companies/subsidiaries - 1 176 -97 -148 Net cash flows from investing activities -234 -228 -336 -417 -1,562 Cash flow from financing activities Net proceeds from borrowings -616 -1,701 -387 -1,701 -2,742 Borrowings and repayment of other financial liabilities -130 48 -31 6 135 Repayment of leases -29 -58 -98 -131 -216 Proceeds from issuance of ordinary shares - - - - 948 Share repurchases - -61 - -61 -61 Finance income received 16 29 24 54 78 Finance expense paid -1,045 -460 -2,006 -605 -4,093 Receipts from settlement of hedging derivatives - 47 - 42 67 Payments for settlement of hedging derivatives - -86 - -70 -81 Net payments on settlement of other derivatives - 153 - -139 -176 Dividends paid to non-controlling interest -24 -337 -409 -337 -332 Net cash flows from financing activities -1,827 -2,425 -2,907 -2,942 -6,472 Cash inflow/outflow during the period -492 -403 171 747 552 Cash and cash equivalents at the beginning of the period 3,405 3,218 2,574 2,504 2,504 Foreign exchange differences 90 201 258 -234 -483 Cash and cash equivalents at the end of the period 3,004 3,017 3,004 3,017 2,574 16 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Second quarter 6 months Full year SEK m Note Apr–Jun 2026 Apr–Jun 2025 Jan–Jun 2026 Jan–Jun 2025 2025 Other income - 131 - 524 399 Total income - 131 - 524 399 Personnel expenses -6 -23 -8 -100 -135 Other operating costs 4 -9 -90 -7 -336 -442 Depreciation and amortisation -2 -5 -4 -14 -18 Net operating income (EBIT) -17 14 -19 74 -196 Net financial income/loss 110 -943 187 -1,441 -110 Income/loss before taxes 93 -929 168 -1,367 -305 Appropriations, untaxed reserves - - - - -35 Appropriation, Group contribution - - - - 650 Taxes 5 - - - -5 -196 Net income/loss for the period 93 -929 168 -1,372 114 Net earnings for the period correspond to comprehensive earnings for the period. SEK m Note 30 Jun 2026 30 Jun 2025 31 Dec 2025 ASSETS Non-current assets Tangible assets 22 29 26 Financial assets 13,869 31,172 14,389 Total non-current assets 13,891 31,202 14,414 Current assets Receivables 973 43,898 953 Cash and cash equivalents 4 1,182 325 Total current assets 977 45,080 1,278 TOTAL ASSETS 14,868 76,282 15,693 SHAREHOLDERS’ EQUITY AND LIABILITIES Shareholders’ equity Restricted equity 286 285 286 Non-restricted equity 9,011 5,755 8,843 TOTAL SHAREHOLDERS’ EQUITY 9,297 6,041 9,129 Untaxed reserves 35 - 35 LIABILITIES Non-current liabilities 4,231 44,292 5,321 Current liabilities 1,305 25,950 1,207 TOTAL LIABILITIES 5,536 70,242 6,529 TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES 14,868 76,282 15,693 Condensed statement of Income – Parent Company Condensed statement of financial position – Parent Company 17 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Note 1. Bases of preparations Accounting principles This interim report has been prepared in accordance with the Annual Accounts Act and IAS 34 Interim Financial Reporting for the Group and in accordance with Chapter 9 of the Annual Accounts Act for the Parent Company. The accounting principles applied by the Group and the Parent Company Intrum AB (publ) are essentially unchanged compared with the 2025 Annual Report. IFRS 18 Presentation and Disclosures in Financial Statements (April 2024): IFRS 18 replaces IAS 1, carrying forward many of the requirements in IAS 1 unchanged and complementing them with new requirements. IFRS 18 introduces new requirements to: • present specified categories and defined subtotals in the statement of profit or loss; • provide disclosures on management-defined performance measures (MPMs) in the notes to the financial statements; and • improve aggregation and disaggregation. An entity is required to apply IFRS 18 for annual reporting periods beginning on or after 1 January 2027, with earlier application permitted. The amendments to IAS 7 and IAS 33, as well as the revised IAS 8 and IFRS 7, become effective when an entity applies IFRS 18. IFRS 18 requires retrospective application with specific transition provisions. Management anticipates that the application of these amendments will have an impact on the Group’s consolidated financial statements in future periods. Roundings and comparisons Due to roundings, number presented in the interim report may not sum up to the exact total and percentages may differ from absolute figures. Comparisons are made in writing, unless otherwise stated, with comparable figures from second quarter 2025. In June 2026, following the receipt of the required consents from Intrum’s creditors and relevant regulatory approvals, the carrying amount of Intrum’s 35% investment in Orange was reclassified from Investments in associates and joint ventures to Assets held for sale. The carrying amount reclassified amounted to SEK 2.0 bn as of 30 June. On 31 March 2026, Intrum obtained control of the Savoy Group and commenced full consolidation. The transaction contributed portfolio investments of SEK 3.7 bn and borrowings of SEK 1.9 bn to the Group’s balance sheet. The Savoy group was previously accounted for as a joint venture using the equity method. Following the change in control, the Savoy group has been fully consolidated as from 31 March 2026. As a result of the transition from equity accounting to full consolidation, Intrum group derecognised shares in joint ventures of SEK 274m, recognised an increase in consolidated equity of SEK 1.6 bn, and recognised an impairment charge of SEK -307m from financial assets related to notes within the net financial expense as of March 2026. During Q2 2026, the impairment charge was reversed, resulting in a positive impact of SEK 307m within the net financial expense. The impairment charge should not have been recognised in the income statement but instead recorded directly in the Group’s equity as an effect of the transition from equity method to full consolidation. Consequently, the related equity impact has been adjusted from positive SEK 1.6 bn to positive SEK 1.2 bn. Total liabilities increased by SEK 2.6 bn compared with 31 December 2025, mainly due to an increase in borrowings of SEK 1.9 bn related to the full consolidation of the Savoy group and FX. Notes Note 2. Significant risks and uncertainties Risks to which the Group and Parent Company are exposed include but are not strictly limited to any and all risks relating to: • Economic developments, compliance and changes in regulations, • Reputation risks, • Tax risks, • Risks attributable to IT and information management, • Geopolitical risks such as political risks, civil unrest, disruption, or conflicts including armed conflicts and war directly or indirectly affecting locations where Intrum or its clients maintain or conduct business, • Risks attributable to acquisitions, • Market risks, • Liquidity risks, • Credit risks, • Risks inherent in and associated with portfolio investments and payment guarantees, as well as financing risks. The risks are described in more detail in the Board of Directors’ report in Intrum’s 2025 Annual report. Intrum has a resilient business model and the demand for our services and solutions are expected to increase over the coming quarters. Note 3. Development during the quarter Parent Company For the second quarter 2026, the Parent Company reported income of SEK 0m (131) and profit before tax of SEK 93m (-929). The Parent Company held SEK 4m (1,182) in cash and cash equivalents at the end of the quarter. The result for the period and financial position in the Parent Company reflects the outcome of the business transfer performed in May 2025 where operational responsibilities and resources were transferred to its subsidiary Intrum Group Operations AB. Development in the period Total assets of the group as of 30 June amounted to SEK 70,323m (65,468) representing an increase of seven percent, compared to 31 December 2025. The increase is mainly attributable to higher portfolio investments, which increased by SEK 3.3 bn during the first half year, primarily driven by the full consolidation of the Savoy group from 31 March 2026. 18 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Note 4. Other operating costs Group Second quarter Full year SEK m Apr–Jun 2026 Apr–Jun 2025 2025 IT expenses -270 -268 -1,158 Legal expenses -333 -204 -1,022 Other expenses -711 -706 -3,035 Other operating costs -1,315 -1,178 -5,216 Parent Second quarter Full year SEK m Apr–Jun 2026 Apr–Jun 2025 2025 IT expenses 0 -83 -268 Legal expenses 0 42 38 Other expenses -9 -49 -212 Other operating costs -9 -90 -442 Note 5. Tax expenses The tax expense in Q2 2026 is higher than in Q2 2025, mainly due to a one-off adjustment of SEK 97m relating to taxes from prior years in Italy. Note 6. Fair value of financial instruments Financial assets and liabilities measured at fair value on a recurring basis include derivative assets and liabilities, and deferred considerations related to acquisitions of shares. Derivatives are measured using valuation techniques that incorporate observable market inputs and are therefore classified as Level 2 in the fair value hierarchy in accordance with IFRS 13. Deferred considerations are measured using unobservable inputs and are accordingly classified as Level 3 in the fair value hierarchy in accordance with IFRS 13. There were no material changes in the fair value of Level 3 instruments during the period, nor any changes in valuation techniques or key assumptions. The Group did not have any material non-recurring fair value measurements during the period. Most of the Group’s financial assets and liabilities are carried at amortised cost in the consolidated financial statements. For outstanding bonds with a total nominal amount of SEK 34,003m (36,701) at the end of the quarter, the fair value is estimated at SEK 29,615m (30,404), based on quoted market prices. These fair values are disclosed for information purposes and are classified as Level 1 in the fair value hierarchy in accordance with IFRS 13. There were no transfers between Level 1, Level 2 or Level 3 of the fair value hierarchy during the period. Total financing 2026 2025 As of 1 January 43,384 50,701 Proceeds 1,679 1,139 Repayments -2,044 -2,840 Borrowings Savoy group 1,913 - Currency translation effect 1,064 -975 Amortised costs and other 252 65 As of 30 June 46,248 48,089 Net debt mainly consists of EUR and SEK bonds, bank term loan facilities and drawings under the revolving credit facility. Net debt amounted to SEK 45,720m (46,126) and is principally composed of EUR and SEK bonds with maturities between 2027 and 2030. Net debt in relation to the RTM cash EBITDA stands at 4.8x at the end of the second quarter 2026 compared to 4.4x the end of the fourth quarter 2025. At the end of the second quarter SEK 12,090m (10,534) of Intrum’s revolving credit facility was utilized. The cash balance at the end quarter was 3,004m (3,017). Borrowings As of 30 June Bonds Bank loans Notes Payable2 Total Carrying amount 32,259 12,367 1,622 46,248 Amortisation1 1,729 1 1,730 FX movement 15 15 Nominal value 34,003 12,369 1,622 47,994 1) Amortisation represents the periodic adjustment to the carrying amount of the bonds, reflecting the allocation of transaction costs and fair value adjustments upon initial recognition to interest expense over the bonds’ terms, ensuring the amortised costs of the bonds align with their nominal value upon maturity, using the effective interest rate method. 2) Notes payable represent the outstanding nominal amount of the senior notes issued by Penelope SPV S.r.l. under its securitisation structure. Note 7. Transactions with related parties During the quarter no significant transactions occurred between the Group and other closely related companies, board members or the Group management team. The transactions with related parties are described in more detail in Note 30 in Intrum’s 2025 Annual report. Note 8. Post balance sheet events On 1 July 2026, Intrum announced the final outcome of its rights issue. The rights issue was fully subscribed, with subscriptions through exercise of subscription rights and applications without subscription rights corresponding to approximately 139.2 per cent of the offered shares. Consequently, no guarantee commitments were utilised, and Intrum will raise gross proceeds of approximately SEK 6bn before issue costs. On 8 July 2026, Intrum announced the completion of the second and final tranche of its directed issue. The issue, amounting to approximately SEK 500m and subscribed for by Kistefos AS, formed part of the previously announced directed issue of approximately SEK 1.5bn. On 13 July 2026, Investments and Financing AB priced EUR 525m aggregated principal amount of senior secured notes due 2031 with a coupon of 7 percent. The proceeds from the offering, together with cash on balance sheet, were intended to fully redeem the Company’s outstanding 8.0% senior secured notes due 2027. The transaction further supports Intrum’s ongoing efforts to optimize its debt maturity profile and strengthen its capital structure. Intrum received all required approvals for the sale of its remaining 35% stake in the joint venture in Orange with Brocc Finance AB. The transaction closed on 10 July 2026 and generated net proceeds of approximately EUR 217m and a gain of around EUR 35m. The proceeds will be used to reduce debt, supporting Intrum’s deleveraging strategy and improving the leverage ratio by about 0.2x. Intrum will continue servicing the portfolios under the existing agreement and maintain its partnership with Brocc. On 31 July 2026, following completion of the rights issue and directed share issue as part of Intrum’s SEK 7.5bn capital raise, the number of shares and votes increased by 3,045,499,531. As of that date, the total number of shares and votes in Intrum amounted to 3,181,744,995. Intrum holds 1,064,651 treasury shares. 19 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Correction of a previously issued press release On 12 June 2026, Intrum announced the long-term incentive plan for key executives (LTIP 2026). In the press release issued on the same date, it was incorrectly stated that the total program cost of SEK 104m would be recognised in 2026. In accordance with applicable accounting standards, the cost of the three-year program will be recognised over the vesting period. Note 9. Alternative performance measures EBIT to Cash EBITDA1 Second quarter 6 months Rolling 12 months Full year SEK m Apr–Jun 2026 Apr–Jun 2025 Jan-Jun 2026 Jan-Jun 2025 2026 2025 EBIT 1,137 1,308 2,593 2,832 729 967 Depreciation and amortisation of intangible and tangible assets 196 281 386 544 860 1,018 PI amortisation 882 1,135 1,846 2,367 3,853 4,375 Impairment of intangible and tangible assets - - - - 4,539 4,539 EBITDA 2,216 2,724 4,825 5,743 9,982 10,899 Net credit gains/losses 27 5 -514 -614 -538 -638 Share of results of associates and joint ventures -111 -225 -306 -355 -537 -586 Cash (dividends) from associates and joint ventures 81 9 141 138 285 282 Items affecting comparability in cash EBITDA 14 60 22 126 267 371 Cash EBITDA from continuing operations 2,227 2,572 4,169 5,039 9,459 10,329 1) Comparative periods have been re-calculated to reflect full consolidation of Savoy group. Cash EBITDA has been adjusted by SEK 299m for Q2 2025 (comprising of EBIT SEK -18 m, PI amortisation SEK 359m, net credit gain/losses SEK 8 m, share of results of JV SEK -50m), by SEK 191m for H1 2026 (comprising of EBIT SEK -37 m, PI amortisation SEK 303 m, share of results of JV SEK -75 m), by SEK 555m for H1 2025 (comprising of EBIT SEK 474m, PI amortisation SEK 794m, net credit gains/losses of SEK -621m and share of results of JV SEK -92m), by SEK 867m for RTM (comprising of EBIT SEK 22 m, PI amortisation SEK 880m, net credit gain/losses SEK 2 m, share of results of JV SEK -37 m) and by SEK 1,231 m for full year 2025 (comprising of EBIT SEK 533 m, PI amortisation SEK 1,371 m, net credit gain/losses SEK -619 m, share of results of JV SEK -54 m). Net debt reconciliation 1 SEK m 30 Jun 2026 30 Jun 2025 31 Dec 2025 Borrowings 47,993 51,135 47,591 Lease liability 579 666 602 Deferred liabilities 152 389 359 Gross debt 48,724 52,190 48,552 Cash and cash equivalents -3,004 -3,472 -3,094 Net debt 45,720 48,718 45,459 Leverage ratio 4.8x 4.4x 4.4x 1) Comparative periods have been re-calculated to reflect full consolidation of Savoy group. 20 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Assurance The CEO hereby gives the assurance that the interim report provides a true and fair view of the business activities, financial position and results of operations of the Group and the Parent Company, and describes the significant risks and uncertainties to which the Parent Company and Group companies are exposed. Stockholm, 28 August 2026 Johan Åkerblom President and CEO Stockholm, date according to electronic signature Johan Åkerblom President and CEO Magnus Lindquist Chairman of the Board Alon Avner Board member David Sear Board member Debra Davies Board member Geeta Gopalan Board member Perry Blacher Board member Ragnhild Wiborg Board member 21 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Intrum AB’s (publ) share is included in Nasdaq Stockholm’s Mid Cap Index. During the period 1 April– 30 June 2026, 775,051,066 shares were traded for a total value of SEK 3,527 m. The highest price paid during the period was SEK 9.25 (21 April 2026) and the lowest was SEK 3.01 (23 June 2026). On the last trading day of the period, 30 June 2026, the price was SEK 3.34 (latest paid). The decrease in the share price during the period was largely associated with the announcement of the rights issue on 7 May 2026. During the period Intrum AB’s (publ) share price decreased by 53.7 percent, while Nasdaq OMX Stockholm increased by 8.9 percent. Other information Shareholders 30 June 2026 No of shares Capital and votes, % Nordic Capital through companies 10,599,475 7.78% Avanza Pension 7,644,246 5.61% Marshall Wace 7,565,582 5.55% Millennium Management LLC 6,716,685 4.93% Defa Endeavour AS 2,655,281 1.95% Evli Plc - General Client Account 2,504,494 1.84% Lundbeckfonden 2,026,229 1.49% Magnus Lindquist 1,756,410 1.29% Swedbank Försäkring 1,751,670 1.29% Handelsbanken Fonder 1,554,391 1.14% Two Sigma Investments LP 1,356,384 1.00% Nordea Liv & Pension 1,267,477 0.93% BlackRock 1,261,364 0.93% Lennart Laurén 1,201,650 0.88% Andrés Rubio 1,100,668 0.81% Total top 15 largest shareholders 50,962,006 37.41% Other shareholders 85,283,458 62.59% Total number of shares including treasury shares 136,245,464 100.00% Source: Modular Finance Holdings and Intrum The proportion of Swedish ownership amounted to 62.0 percent (institutions 31.6 percentage points and private individuals 51.8 percentage points). The information in this interim report is such as Intrum AB (publ) is required to disclose pursuant to the EU Market Abuse Regulation. The information was provided under the auspices of the contact person above for publication on 28 August 2026 at 07.00 a.m. CET. Denna delårsrapport finns även på svenska. Currency exchange rates Closing rate 30 Jun 2026 Closing rate 30 Jun 2025 Average rate Apr–Jun 2026 Average rate Apr–Jun 2025 Average rate Jan–Dec 2025 1 EUR=SEK 11.09 11.15 10.88 10.95 11.07 1 CHF=SEK 12.03 11.93 11.84 11.69 11.81 1 NOK=SEK 0.98 0.94 0.99 0.94 0.94 1 HUF=SEK 0.03 0.03 0.03 0.03 0.03 Read more: Year-end reports, interim reports and other financial information Johan Åkerblom President and CEO email: johan.akerblom@intrum.com Masih Yazdi CFO email: masih.yazdi@intrum.com Annie Ho Head of Treasury & Investor Relations email: annie.ho@intrum.com Masih Yazdi is the contact under the EU Market Abuse Regulation. For further information, please contact: The share 16 14 12 10 8 6 4 2 0 Intrum OMX Stockholm (Indexed) Share price, SEK (1 January 2025 – 30 June 2026) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2025 2026 22 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Definitions Result concepts, key figures and alternative indicators used in this report include the following; Adjusted EBIT Operating earnings excluding items affecting comparability (IACs). Adjusted EBIT margin Adjusted EBIT in relation to adjusted income. Adjusted EBITDA Adjusted EBITDA is defined as EBITDA adjusted for items affecting comparability. It can also be defined as Adjusted EBIT adding back amortisations of portfolio investments and depreciation, amortisations and impairments of tangible and intangible assets. Adjusted net income/loss Net income/loss excluding items affecting comparability (IACs), net of tax. Adjusted Servicing EBIT margin In accordance with the adjusted EBIT margin definition above for the Servicing segment. Adjusted Servicing EBITDA In accordance with the adjusted EBITDA definition above for the Servicing segment. Amortisation percentage portfolio investments Amortisation percentage refers to the proportion of amortisation on portfolio investments relative to the cash income during a reporting period. Book value portfolio investments Present value of all expected future collection, discounted at the effective interest rate as determined upon acquisition of the portfolios. The measure includes the Group’s share in associates and joint ventures within the Investing segment as well as related assets held for sale. Cash EBITDA Cash EBITDA is Adjusted EBITDA refined to exclude non-cash income from associates and joint ventures. Cash income Income derived from actual cash transactions during the reporting period, excluding non-cash compo - nents such as: portfolio amortisation and unrealised gains and losses. Cash flow from associates and joint ventures The cash flow received by Intrum in form of distributions and dividends from investments in joint ventures. Collection index vs. active forecast Performance on the Intrum-owned book against the Active forecast, excluding associates and joint ventures. Cost to income ratio (C/I) Total costs divided by total income. EBIT Net income/loss adding back net financial expenses and tax. EBIT margin EBIT in relation to income. EBITDA EBIT adding back amortisations of portfolio investments and depreciation, amortisations and impairments of tangible and intangible assets. Servicing EBITDA is calculated in accordance with the EBITDA definition above and represents EBITDA attributable to the Servicing segment. Earnings per share Net income/loss attributable to the Parent’s shareholders of Intrum AB (publ), divided by the average number of outstanding shares. Estimated remaining collections, (ERC) Nominal value of the expected future collection on the Group’s portfolio investments, including the Group’s anticipated cash flows from investments in associates and joint ventures. External income Income from the Group’s external clients and income generated from Real Estate Owned assets (REO). Equity per share Total shareholder’s equity divided by number of outstanding shares. Gross collections The total amount of cash collected from investing portfolios during a reporting period, before deducting any fees, commissions, or operational costs. Excludes cash collected from joint ventures. Income Consolidated income comprising external servicing income, such as fees from collection services, property sales, sub scription revenue and other ancillary services – together with income recognised as amount collected less amortisation and fair- value revaluations for the period, as well as any other operating income earned. Internal income Predominantly related to income generated by the Servicing segment from providing collection services on the Group’s own portfolios to the Investing segment. Items affecting comparability (IACs) To better reflect the Group’s per for- mance, significant IACs are adjusted from IFRS figures to provide more rele- vant and comparable financial infor- mation. IACs primarily comprise costs related to Group-wide restructuring activities, transformation initiatives, and M&A (mergers and acquisitions) transactions. IACs include material items of income or expense that are non-recurring in nature and are not considered reflective of the Group’s ongoing operating performance. Items arising from normal business activities are not classified as IACs, even if they occur infrequently. Leverage ratio Calculated as net debt divided by Cash EBITDA RTM. Net debt includes the nominal value of borrowings, lease liabilities, long-term deferred payments and net of cash equivalents, excluding operating liabilities (provisions and hedging obligations) and contingent liabilities. Cash EBITDA is defined as EBIT after adding back depreciation, amortisation and impairments of fixed assets and portfolio amortisation, excluding non-cash income from associates and joint ventures, IACs, and discontinued operations. Markets • Traditional debt servicing markets with similar business models. Traditional markets include Austria, Belgium, Denmark, Finland, France, Germany, Ireland, the Netherlands, Norway, Poland, Portugal, Sweden, and Switzerland. • Specialised markets consists of Greece, Italy, Spain and the United Kingdom, characterised by bespoke set-ups such as joint ventures and/or country-specific business models. • Investing-focused markets include Czech Republic, Hungary and Slovakia. 23 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Net income/loss per share (EPS) Total net income/loss for the period attributable to the parent’s shareholders in Intrum AB (publ) divided by average number of outstanding shares. Organic growth Average increase in income in local currency, adjusted for the effects of acquisitions and divestments of Group companies. Organic growth is a measure of the development of the Group’s existing operations that management has the ability to influence. Portfolio investments including associates and joint ventures The commitments to invest in portfolios of overdue receivables, with or without collaterals made in the reporting period. This includes real estate and investments in joint arrangements where the underlying assets are portfolio of receivables and/ or properties. Portfolio investments – collected amounts, amortisations and revaluations Portfolio investments consist of portfolios of delinquent consumer debts purchased at prices below the nominal receivable. These are recognised at amortised cost applying the effective interest method, based on a collection forecast established at the acquisition date of each portfolio. Income attributable to portfolio invest - ments consist of collected amounts less amortisation for the period and revaluations. The amortisation represents the period’s reduction in the portfolio’s current value, which is attributable to collection taking place as planned. Revaluation is the period’s increase or decrease in the current value of the portfolios attributable to the period’s changes in forecasts of future collection. Real estate owned assets (REO) Real estate assets acquired by Intrum, typically through foreclosure or as part of debt recovery processes. Rolling twelve month (RTM) RTM, refers to figures calculated on a last 12-month basis, offering the view of performance that is not tied to a fixed calendar or fiscal year. Servicing leverage ratio Calculated as the Servicing segment share of net debt divided by the adjusted Servicing EBITDA (RTM). The Servicing share of net debt is calculated based on total net debt, reduced by the portion of net debt related to the Investing segment. The Investing share of net debt is calculated as eighty per cent of the book value of the investment portfolio. 24 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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www.intrum.com About Intrum Intrum is Europe’s leading provider of ethical debt resolution and credit management services with a presence in 20 countries. We help companies prosper by offering solutions designed to improve cash flow and long-term profitability, by caring for their customers. With more than 100 years of experience and more than 8,000 employees serving 70,000 companies, we have the scale and insight to make a difference. Our focus is to create shared value for business and society, which both benefit from companies being paid on time and individuals achieving financial stability. In 2025, the company generated income of SEK 17 billion. Intrum is headquartered in Stockholm, Sweden, and the Intrum AB (publ) share is listed on the Nasdaq Stockholm exchange. Intrum as an investment Business model – Intrum operates two business areas, Servicing and Investing. Servicing accounts for around 70 percent of Group revenue and provides credit management services on behalf of clients, while Investing represents the remaining 30 percent and focuses on acquiring non-performing loans portfolios. Both business areas are managed through the same integrated operational platform, drawing on Intrum’s long-standing experience in handling late payments and supporting customers’ return to a sustainable financial situation. Servicing remains the strategic backbone, while Investing continues to contribute cash flow and performance, increasingly supported by partnerships that reduce balance sheet intensity. Together, the businesses create a balanced, resilient earnings base. Favourable market environment for Intrum – As the European market leader, Intrum is well positioned to benefit from scale supported by resilience to macroeconomic conditions through its diversified geographical presence and business mix. In an evolving competitive landscape, Intrum offers a full scope of services, combining underwriting capabilities, capital partnerships and scaled servicing platform. Our presence across 20 countries, rich data and platform optimisation support accelerated technology adoption, efficiency and growth, while scale and a proven track record remain key advantages in an increasingly regulated environment. Long-term client relationships and trusted conduct – Intrum serves around 70,000 clients and manages approximately 130 million customer interactions each year. Many of its top 15 clients have stayed with the company for more than 15 years, and contract renewal rates are on average around 85 percent. Intrum’s reputation for compliance, respectful treatment and effective collections makes it a trusted long term-partner and a strong platform for continued client growth. Proven business model with stabilising performance and cash flows – Intrum’s business model has proven resilient through different macro cycles. Servicing profitability is stabilising, organic performance is improving, and cost- efficiency measures are showing results. Combined with predictable case volumes and disciplined capital allocation, Intrum is moving towards a more resilient, service-driven earnings mix. Enabling financial health for people, businesses and society across Europe Financial calendar 2026 23 Oct 2026 Interim report third quarter 25 Intrum Interim report second quarter 2026 Q2 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum
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Intrum AB (publ) / Riddargatan 10 / 114 35 Stockholm, Sweden Tel +46 8 616 76 66 www.intrum.com / info@intrum.com