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Information Classification : INTERNAL Displayed font size: 50% Improved profitability and accelerated transformation INVESTOR PRESENTATION / OCTOBER 2026 Interim report January – September 2026
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Displayed font size: 50% Q3 in brief Improved earnings and clear direction ahead * Improved profitability and stable revenue driven by higher utilization, positive pricing cost control, and increased sales * Solid development in several segments and markets, Norway in particular * AI and data drive Knowit’s development with broad expertise is helping clients move from pilots to business impact
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Displayed font size: 50% A new structure for growth * A new land led organization from October 1st 2026 - DK, FI, NO, SE and Products * Creating a simpler organization, closer to clients to strengthen local accountability, reduce complexity and gradually lower costs * Stronger platform for growth, improving client proximity, and enabling more efficient work across capabilities * Work to define the new structure in each country is underway, led by the newly appointed country heads
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Displayed font size: 50% Annual savings vs costs • The new organizational structure is expected to generate annual cost savings of 100 MSEK • Savings will be realized gradually, with full effect from Q3 2027 • Expected restructuring costs of 70 MSEK of which 7.5 MSEK was realized in this quarter • Progress against target will be reported quarterly from Q4 2026 to Q3 2027
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Displayed font size: 50% Business area Operations Solutions Nordic market leader in systems development Jul – Sep 2026 Jul – Sep 2025 ¹) Sales, SEK, million 612.7 623.0 Adjusted EBITA, SEK, million 2) 57.2 62.5 Adjusted EBITA margin, % 9.3 10.0 Number of employees 1,446 1,557 1) Comparative figures have been updated for 2025 following the formation of the new business area 2) No adjustment to EBITA • C ontinued solid performance with stable utilization and healthy margins • Norway continues to perform strongly with revenue growth and profitability • Sweden remain the main challenge, however with signs of improvements in the end of the quarter • High sales activity with several new deals signed during the quarter Share of net sales 50%
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Displayed font size: 50% Business area Marketing & sales Experience The largest digital agency in the Nordic region Jul – Sep 2026 Jul – Sep 2025 ¹) Sales, SEK, million 222.3 225.1 Adjusted EBITA, SEK, million 2) 11.2 6.8 Adjusted EBITA margin, % 5.0 3.0 Number of employees 700 775 1) Comparative figures have been updated for 2025 following the formation of the new business area 2) No adjustment to EBITA • Strong improvement in profitability, with higher utilization • Several new wins supporting continued positive momentum in Sweden • Continued challenges in Norway, where further improvements in utilization are needed • Evolving offering that helps clients use data to improve customer experiences and business performance Share of net sales 18%
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Displayed font size: 50% Business area Research & development Connectivity Supporting a connected world Jul – Sep 2026 Jul – Sep 2025 ¹) Sales, SEK, million 128.6 138.2 Adjusted EBITA, SEK, million 2) 10.5 11.8 Adjusted EBITA margin, % 8.2 8.5 Number of employees 521 565 1) Comparative figures have been updated for 2025 following the formation of the new business area 2) EBITA is adjusted for items that affect comparability between periods • A quarter with continued growth challenges in Sweden and Poland • Cautious telecom clients taking longer to commit to new assignments • Positive development in defense, with important agreements signed • Several new agreements with opportunities for more nearshore projects through Polish operations Share of net sales 10%
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Displayed font size: 50% Business area Management teams Insight Management consultants from strategy to implementation Jul – Sep 2026 Jul – Sep 2025 ¹) Sales, SEK, million 185.2 166.6 Adjusted EBITA, SEK, million 2) 3.9 - 10.8 Adjusted EBITA margin, % 2.1 - 6.5 Number of employees 538 556 1) Comparative figures have been updated for 2025 following the formation of the new business area 2) EBITA is adjusted for items that affect comparability between periods • Improved earnings, supported by focused sales efforts and an increase in traditional management consulting assignments • Profitable, yet still below expectations • Focus on improving efficiency and increasing utilization and sales • Demand for transformation execution and support in helping clients implement and use AI in their operations Share of net sales 15%
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Displayed font size: 50% Business area Management teams Products Scalable IP & platform based solutions Jul – Sep 2026 Jul – Sep 2025 ¹) Sales, SEK, million 82.0 77.8 Adjusted EBITA, SEK, million 2) 13.3 10.3 Adjusted EBITA margin, % 16.2 13.3 Number of employees 227 231 1) Comparative figures have been updated for 2025 following the formation of the new business area 2) No adjustment to EBITA • A strong quarter with high activity and good profitability, particularly in smart mobility and defense • Weaker performance in finance & insurance, although new business wins provide a stronger foundation ahead • Continued development of scalable offerings, combining proprietary technology with specialist expertise, including secure AI • Focus on reusing solutions across more clients and increase predictable business Share of net sales 7%
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Displayed font size: 50% Do you want bullets: Klick the indent button to add our custom bullet to your point. In this case ...tab will only give you an indent and ... the bullet button will give you a wrong bullet and a too large indent Q3 in figures INVESTOR PRESENTATION / OCTOBER 2025
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Displayed font size: 50% Financial quarter July – September 2026 1,219.4 Net sales decreased by 0.2% (1,221.9) million 81.7 Adjusted EBITA increased compared to last year (62.5 million) 6.7% The adjusted EBITA margin increased to 6.7% (5.1%)
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Displayed font size: 50% Net debt development Net debt development • Healthy balance sheet and solid financial position • Net debt of 519 MSEK • Within the frame of our financial target of maximum 2x EBITDA • Excluding IFRS 16 lease liabilities, net debt/EBITDA was 0.0x SEK, MILLION Q3 26 Q2 26 Q1 26 Q4 25 Q3 25 Cash equivalents 262 169 409.8 326 212 Interest - bearing liabilities 266 166 333 333 400 Other liabilities (IFRS) 515 531 415.4 425 420 TOTAL NET DEBT -519 -528 -338.6 -432 -608 Net Debt/EBITDA 1.1 1.1 0.7 0.8 1.2 Net Debt/EBITDA ex IFRS 0.0 0.0 - 0.1 0.0 0.3
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Displayed font size: 50% Revenues and EBITA Adjusted development
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Displayed font size: 50% Sales per client segment Strong and diversified client base • Continued strong development in the public sector following several strong frame agreements, increasing from 39 to 43% of total revenues • In retail we are still impacted by one client postponing investments • Industry segment decline as several clients continue to be cautious • In general a healthy mix of presence in different sectors ensure stability Sales per client industry, July – September 2026 Public sector 43 % (39) Retail and service companies 16 % (18) Industry 12 % (14) Banking, finance, and insurance 8 % (8) Defense 5 % (5) Telecommunications 5 % (5) Media, education, and gaming 5 % (5) Energy 3 % (3) Other 3 % (3)
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Displayed font size: 50% In summary * Strong quarter with improved adjusted EBITA and margin * Strong performance in Norway, progress in Sweden, and signs of improvement in Denmark * Business opportunities in AI, data , defense and cyber security alongside continued development of scalable offerings and recurring revenue streams * A new country - led organization to bring Knowit closer to clients, with focus on efficiency, utilization and profitable growth