Interim report
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Interim Report January-September 2026 1 (22) Interim Report January-September 2026 Third quarter ▪ Order intake amounted to SEK 2,667 (2,431) million, an increase of 10 percent ▪ Net sales increased 38 percent to SEK 2,356 (1,709) million. Based on constant exchange rates, net sales increased 35 percent ▪ EBIT amounted to SEK 610 (255) million and the EBIT margin was 26 (15) percent ▪ Earnings per share were SEK 2.41 (1.11) before and after dilution January-September ▪ Order intake amounted to SEK 8,113 (5,819) million, an increase of 39 percent ▪ Net sales increased 23 percent to SEK 7,276 (5,917) million. Based on constant exchange rates, net sales increased 28 percent ▪ EBIT amounted to SEK 2,245 (1,598) million and the EBIT margin was 31 (27) percent ▪ Earnings per share were SEK 8.77 (6.57) before and after dilution "Order intake in the third quarter increased 10 percent, even when compared with the strong comparable quarter last year. This was driven by High Volume and Global Technologies. Net sales increased 38 percent, driven primarily by Global Technologies, but with all divisions posting double-digit growth. In Global Technologies, the two largest business lines have a large order backlog to deliver from and the focus now is on maximizing production capacity. EBIT increased to SEK 610 million, corresponding to an EBIT margin of 26 percent, driven by a stellar development in Global Technologies", says Anders Lindqvist, President and CEO. Outlook 2026 The Board of Directors adjusts its opinion regarding net sales for 2026, from being at a level of SEK 9.25 billion to being at a level of SEK 9.75 billion. Rolling Jan-Dec Group summary 2026 2025 2026 2025 12 month 2025 Order intake, SEK million 2,667 2,431 8,113 5,819 10,052 7,757 Net Sales, SEK million 2,356 1,709 7,276 5,917 9,297 7,938 Book-to-bill 1.1 1.4 1.1 1.0 1.1 1.0 Order backlog, SEK million 5,566 4,763 5,566 4,763 5,566 4,681 Gross margin, % 52.1% 47.1% 56.6% 54.4% 54.5% 52.4% EBIT, SEK million 610 255 2,245 1,598 2,587 1,940 EBIT margin, % 25.9% 14.9% 30.9% 27.0% 27.8% 24.4% Earnings per share before dilution, SEK 2.41 1.11 8.77 6.57 10.19 7.99 Earnings per share after dilution, SEK 2.41 1.11 8.77 6.57 10.19 7.99 Cash Flow, SEK million 518 215 823 -894 1,132 -585 Changes in Net Sales Total growth, % 38% -4% 23% 18% 17% 12% Organic growth, % 34% -4% 25% 20% 19% 15% Growth from acquisitions/divestments, % 1% 7% 3% 3% 4% 4% Currency effects, % 3% -7% -5% -5% -6% -7% Q3 Jan-Sep Q3
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Interim Report January-September 2026 2 (22) CEO comments Order intake in the third quarter increased 10 percent, even when compared with the strong comparable quarter last year. This was driven by High Volume and Global Technologies. Net sales increased 38 percent, driven primarily by Global Technologies, but with all divisions posting double-digit growth. In Global Technologies, the two largest business lines have a large order backlog to deliver from and the focus now is on maximizing production capacity. EBIT increased to SEK 610 million, corresponding to an EBIT margin of 26 percent, driven by a stellar development in Global Technologies. We launched new financial targets on our Capital Markets Day on August 31, with net sales to reach SEK 20 billion by 2032-2035 and the EBIT margin to remain at current levels of around 25 percent. The sustainability targets are unchanged, as is the requirement for each division to achieve an EBIT margin above 10 percent. Pattern Generators launched two new products during the quarter: the next generation semiconductor mask writer, SLX Kite, improving both speed and accuracy, and a semiconductor photomask inspection machine, IQX. The division received orders for one Prexision 80 Evo and two SLXs during the quarter. ASML and TSMC announced an industry initiative during the quarter, which targets establishing a 12-inch mask pilot line by 2031, supporting advanced node production by 2033. Pattern Generators is well positioned to benefit from this technology development. For PCB Assembly Solutions, demand continued to be tepid in the high mix-low volume segment, where PCB Assembly Solutions operates. This segment also experienced price pressure, with the weak yen enabling Japanese competitors to be aggressive on price. For High Volume, markets outside China showed good demand, while demand from the Chinese domestic market weakened. The slowdown in China was driven by the consumer electronics industry displaying a cyclical pattern, where investments are made during the first half of the year to enable the launch of new products in the autumn. Global Technologies had an exceptionally strong quarter, driven by product mix and volume effects, which should not be extrapolated. General market conditions for the division remained favorable, driven by AI infrastructure, advanced packaging and defense investments. In PCB Test’s market, PCB manufacturers continued to increase their investments. The Die Bonding business line also saw healthy demand, driven by AI infrastructure investments and aerospace & defense. On a final note, I would like to thank Charlott Samuelsson, who is retiring as Senior Vice President Pattern Generators, for her invaluable contributions to Mycronic throughout nearly an entire professional career and wish her every success as she enters the next phase of her life. At the same time, I am delighted and confident to welcome Mikael Wahlsten as the new Senior Vice President Pattern Generators and member of the Executive Management team. Mikael possesses exceptional expertise, with both extensive breadth and deep knowledge of Pattern Generators’ business, and is the ideal person to lead the continued development of the division. Anders Lindqvist, President and CEO Order intake and net sales, rolling 12 months Gross and EBIT margin, rolling 12 months 0 2,000 4,000 6,000 8,000 10,000 12,000 Q1-24 Q3-24 Q1-25 Q3-25 Q1-26 Q3-26 Order intake Net sales MSEK 0% 20% 40% 60% Q1-24 Q3-24 Q1-25 Q3-25 Q1-26 Q3-26 Gross margin EBIT margin
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Interim Report January-September 2026 3 (22) Financial performance GROUP Mycronic launched new financial targets on its Capital Markets Day on August 31, with net sales to reach SEK 20 billion by 2032-2035 and the EBIT margin to remain at current levels of around 25 percent. The sustainability targets are unchanged, as is the requirement for each division to achieve an EBIT margin above 10 percent. During the third quarter, the company repurchased 153,116 of its own shares for delivery to participants of the most recent long-term incentive program, LTIP 2026. Order intake in the third quarter increased 10 percent to SEK 2,667 (2,431) million. For the first nine months, order intake increased 39 percent to SEK 8,113 (5,819) million. The Group’s order backlog at the end of the quarter was SEK 5,566 (4,763) million, a record high. Net sales increased 38 percent to SEK 2,356 (1,709) million, driven primarily by Global Technologies, but with all divisions posting double-digit growth. For the first nine months, net sales increased 23 percent to SEK 7,276 (5,917) million. Net sales for the quarter were impacted by currency effects of SEK 45 million and for the first nine months by SEK -305 million. The gross margin increased to 52 (47) percent, driven primarily by Global Technologies. For the first nine months, the gross margin increased to 57 (54) percent. EBIT for the quarter increased to SEK 610 (255) million, driven by a stellar development in Global Technologies, corresponding to an EBIT margin of 26 (15) percent. High Volume’s Employee Stock Ownership Plan (ESOP) had an EBIT impact of SEK -25 million in the third quarter. For the first nine months, EBIT was SEK 2,245 (1,598) million, equalling an EBIT margin of 31 (27) percent, where ESOP had an EBIT impact of SEK -73 million. Acquisition-related costs amounted to SEK 26 (80) million for the quarter and SEK 71 (144) million for the first nine months. In addition, High Volume’s ESOP impact on financial income and expenses, amounted to SEK -16 million for the quarter and SEK -52 million for the first nine months. Cash flow and financial position Consolidated cash and cash equivalents at the end of September amounted to SEK 3,271 (2,002) million. Cash flow for the first nine months amounted to SEK 823 (-894) million. Cash flow from operating activities amounted to SEK 1,985 (980) million. Working capital increased during the first nine months of the year, with a cash flow impact of SEK -310 (-585) million, primarily driven by higher inventory. Investing activities generated a cash flow of SEK -377 (-1,044) million during the first nine months, with the acquisitions of ETZ and Cowin DST accounting for SEK -184 million, capitalization of product development for SEK -43 (-48) million and investments in property, plant and equipment for SEK -142 (-50) million. Financing activities generated a cash flow of SEK -786 (-830) million, of which SEK -636 (-734) million related to dividends to shareholders. At the end of September, Mycronic had a net cash position of SEK 2,856 (1,641) million. Sustainability In the first half of 2026, 96 (94) percent of electricity consumption came from renewable sources, following additional sites transitioning to renewable electricity. The share of suppliers that had signed the Code of Conduct was 87 (95) percent among high-risk suppliers and 58 (60) percent among direct material suppliers. The lower levels compared with the same period in 2025 reflect the inclusion of acquired companies that have not yet reached the same level of maturity as the rest of the Group. Rolling Jan-Dec 2026 2025 2026 2025 12 month 2025 Order intake, SEK million 2,667 2,431 8,113 5,819 10,052 7,757 Order backlog, SEK million 5,566 4,763 5,566 4,763 5,566 4,681 Net Sales, SEK million 2,356 1,709 7,276 5,917 9,297 7,938 Gross profit, SEK million 1,227 805 4,118 3,218 5,063 4,163 Gross margin, % 52.1% 47.1% 56.6% 54.4% 54.5% 52.4% EBIT, SEK million 610 255 2,245 1,598 2,587 1,940 EBIT margin, % 25.9% 14.9% 30.9% 27.0% 27.8% 24.4% EBITDA, SEK million 713 341 2,540 1,837 2,972 2,270 Q3 Jan-Sep
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Interim Report January-September 2026 4 (22) PATTERN GENERATORS Pattern Generators launched two new products during the quarter: the next generation semiconductor mask writer, SLX Kite, improving both speed and accuracy, and a semiconductor photomask inspection machine, IQX. ASML and TSMC announced an industry initiative during the quarter, which targets establishing a 12-inch mask pilot line by 2031, supporting advanced node production by 2033. Pattern Generators is well positioned to benefit from this technology development. The division received orders for one Prexision 80 Evo and two SLXs during the quarter. Order intake decreased 22 percent, to SEK 616 (789) million. Order intake excluding Cowin DST decreased 28 percent. For the first nine months of the year, order intake decreased 2 percent to SEK 1,888 (1,936) million. The order backlog at the end of the quarter was SEK 1,741 (2,614) million and contained 11 systems, with planned deliveries as follows: 2026 Q4: 1 Prexision Lite 8 Evo, 1 Prexision MMS, 1 SLX 2027 Q1: 3 Prexision 8 Evo, 1 SLX 2027 Q2: 1 Prexision 80 Evo, 2 SLX 2028: 1 SLX (customized) During the quarter, Pattern Generators delivered one FPS 6100 Evo and four SLXs. This is to be compared with deliveries of one Prexision Lite 8 Evo, two SLXs and one MMX, in addition to recognizing revenue for a qualification project SLX, in the corresponding period of the preceding year. Net sales increased 20 percent, to SEK 580 (485) million, with the acquisition effect from Cowin DST amounting to SEK 23 million. For the first nine months, net sales rose 5 percent to SEK 2,777 (2,656) million. Net sales for the quarter were impacted by currency effects of SEK 24 million and for the first nine months by SEK -145 million. The gross margin for the quarter was 59 (59) percent and for the first nine months 72 (71) percent. EBIT was SEK 188 (161) million, corresponding to an EBIT margin of 32 (33) percent. The acquisition effect from Cowin DST amounted to SEK -13 million. For the first nine months, EBIT amounted to SEK 1,500 (1,449) million, equalling an EBIT margin of 54 (55) percent. Acquisition- related costs amounted to SEK 11 (-) million during the quarter and to SEK 26 (-) million for the first nine months. Pattern Generators maintained a high pace in product development. R&D costs for the quarter amounted to SEK 112 (95) million and SEK 371 (303) million for the first nine months. The capitalization of development costs amounted to SEK 4 (5) million for the quarter and SEK 6 (18) million for the first nine months. Rolling Jan-Dec 2026 2025 2026 2025 12 month 2025 Order intake, SEK million 616 789 1,888 1,936 2,433 2,481 Order backlog, SEK million 1,741 2,614 1,741 2,614 1,741 2,582 Net Sales, SEK million 580 485 2,777 2,656 3,353 3,232 Gross profit, SEK million 341 286 1,986 1,874 2,322 2,209 Gross margin, % 58.8% 59.0% 71.5% 70.6% 69.2% 68.3% EBIT, SEK million 188 161 1,500 1,449 1,674 1,623 EBIT margin, % 32.4% 33.1% 54.0% 54.6% 49.9% 50.2% EBITDA 214 180 1,569 1,507 1,761 1,699 R&D expenditures, SEK million -114 -99 -375 -321 -499 -445 R&D costs, SEK million -112 -95 -371 -303 -488 -420 Q3 Jan-Sep
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Interim Report January-September 2026 5 (22) PCB ASSEMBLY SOLUTIONS Demand continued to be tepid in the high mix-low volume segment, where PCB Assembly Solutions operates. This segment also experienced price pressure, with the weak yen enabling Japanese competitors to be aggressive on price. Order intake decreased 9 percent to SEK 367 (405) million. For the first nine months, order intake rose 4 percent to SEK 1,097 (1,055) million. The order backlog at the end of the quarter amounted to SEK 266 (224) million. Net sales increased 14 percent during the quarter to SEK 358 (314) million. For the first nine months, net sales rose 5 percent to SEK 979 (934) million. Net sales for the quarter were impacted by currency effects of SEK 2 million and for the first nine months by SEK -37 million. The gross margin for the quarter increased to 41 (36) percent. For the first nine months, the gross margin was 37 (37) percent. EBIT was SEK 42 (20) million, corresponding to an EBIT margin of 12 (6) percent. Restructuring costs during the quarter amounted to SEK 2 million. For the first nine months, EBIT amounted to SEK 6 (20) million, representing an EBIT margin of 1 (2) percent, with restructuring costs amounting to SEK 45 million. Acquisition-related costs amounted to SEK 1 (1) million during the quarter and to SEK 2 (2) million for the first nine months. R&D costs for the quarter amounted to SEK 37 (37) million and SEK 117 (128) million for the first nine months. The capitalization of development costs amounted to SEK 7 (6) million for the quarter and SEK 24 (20) million for the first nine months. Rolling Jan-Dec 2026 2025 2026 2025 12 month 2025 Order intake, SEK million 367 405 1,097 1,055 1,459 1,417 Order backlog, SEK million 266 224 266 224 266 147 Net Sales, SEK million 358 314 979 934 1,417 1,372 Gross profit, SEK million 145 113 367 342 544 520 Gross margin, % 40.6% 36.0% 37.5% 36.6% 38.4% 37.9% EBIT, SEK million 42 20 6 20 65 79 EBIT margin, % 11.7% 6.3% 0.6% 2.2% 4.6% 5.8% EBITDA 55 31 44 55 115 125 R&D expenditures, SEK million -43 -43 -140 -147 -190 -197 R&D costs, SEK million -37 -37 -117 -128 -161 -172 Q3 Jan-Sep
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Interim Report January-September 2026 6 (22) HIGH VOLUME Markets outside China showed good demand, while demand from the Chinese domestic market weakened. The slowdown in China was driven by the consumer electronics industry displaying a cyclical pattern, where investments are made during the first half of the year to enable the launch of new products in the autumn. Order intake increased 42 percent during the quarter and amounted to SEK 629 (444) million. For the first nine months, order intake rose 49 percent to SEK 2,060 (1,380) million. The order backlog at the end of the quarter was SEK 1,253 (860) million. Net sales increased 14 percent to SEK 569 (499) million. For the first nine months, net sales rose 17 percent to SEK 1,491 (1,271) million. Net sales for the quarter were impacted by currency effects of SEK 21 million and for the first nine months by SEK -42 million. The gross margin for the quarter was 41 (39) percent and for the first nine months 42 (40) percent. EBIT was SEK 74 (79) million, corresponding to an EBIT margin of 13 (16) percent. ESOP had an EBIT impact of SEK -25 million, related to employees being entitled to purchase shares in Axxon at a discount. For the first nine months, EBIT was SEK 181 (211) million, equalling an EBIT margin of 12 (17) percent, where ESOP had an impact of SEK -73 million. Acquisition-related costs amounted to SEK 1 (1) million for the quarter and SEK 2 (6) million for the first nine months. R&D costs for the quarter amounted to SEK 70 (46) million and SEK 189 (129) million for the first nine months. The capitalization of development costs amounted to SEK 3 (0) million for the quarter and SEK 5 (1) million for the first nine months. Rolling Jan-Dec 2026 2025 2026 2025 12 month 2025 Order intake, SEK million 629 444 2,060 1,380 2,332 1,651 Order backlog, SEK million 1,253 860 1,253 860 1,253 683 Net Sales, SEK million 569 499 1,491 1,271 1,939 1,720 Gross profit, SEK million 233 192 628 506 812 690 Gross margin, % 40.9% 38.5% 42.1% 39.8% 41.9% 40.1% EBIT, SEK million 74 79 181 211 236 267 EBIT margin, % 12.9% 15.8% 12.1% 16.6% 12.2% 15.5% EBITDA 78 82 193 222 251 281 R&D expenditures, SEK million -73 -46 -192 -129 -246 -183 R&D costs, SEK million -70 -46 -189 -129 -243 -183 Q3 Jan-Sep
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Interim Report January-September 2026 7 (22) GLOBAL TECHNOLOGIES Global Technologies had an exceptionally strong quarter, driven by product mix and volume effects, which should not be extrapolated. General market conditions for the division remained favorable, driven by AI infrastructure, advanced packaging and defense investments. In PCB Test’s market, PCB manufacturers continued to increase their investments. The Die Bonding business line also saw healthy demand, driven by AI infrastructure investments and aerospace & defense. Order intake increased 33 percent during the quarter to SEK 1,059 (797) million. Order intake excluding the acquisition of ETZ rose 33 percent. For the first nine months, order intake increased 112 percent to SEK 3,085 (1,454) million. The order backlog at the end of the quarter more than doubled to SEK 2,307 (1,066) million. Net sales increased 105 percent to SEK 852 (416) million, with the acquisition effect from ETZ amounting to SEK 1 million. For the first nine months, net sales increased 93 percent to SEK 2,047 (1,062) million. Net sales for the quarter were impacted by currency effects of SEK -2 million and for the first nine months by SEK -81 million. Organic net sales increased 105 percent during the quarter and 89 percent for the first nine months. The gross margin increased to 60 (52) percent, driven by product mix and volume effects. For the first nine months, the gross margin was 56 (47) percent. EBIT increased to SEK 359 (42) million, corresponding to an EBIT margin of 42 (10) percent. The acquisition effect from ETZ amounted to SEK 8 million. Revaluation of a contingent consideration related to the acquisition of Surfx had a positive EBIT impact of SEK 15 million. For the first nine months, EBIT amounted to SEK 728 (106) million, representing an EBIT margin of 36 (10) percent. Acquisition-related costs amounted to SEK 14 (77) million during the quarter and to SEK 39 (126) million for the first nine months. R&D costs for the quarter amounted to SEK 74 (59) million and SEK 203 (141) million for the first nine months. The capitalization of development costs amounted to SEK 4 (1) million for the quarter and SEK 8 (9) million for the first nine months. Rolling Jan-Dec 2026 2025 2026 2025 12 month 2025 Order intake, SEK million 1,059 797 3,085 1,454 3,859 2,227 Order backlog, SEK million 2,307 1,066 2,307 1,066 2,307 1,269 Net Sales, SEK million 852 416 2,047 1,062 2,617 1,632 Gross profit, SEK million 509 216 1,143 500 1,399 756 Gross margin, % 59.7% 51.8% 55.8% 47.1% 53.5% 46.3% EBIT, SEK million 359 42 728 106 846 225 EBIT margin, % 42.1% 10.0% 35.5% 10.0% 32.3% 13.8% EBITDA 389 70 815 175 962 322 R&D expenditures, SEK million -65 -49 -175 -118 -227 -170 R&D costs, SEK million -74 -59 -203 -141 -266 -204 Q3 Jan-Sep
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Interim Report January-September 2026 8 (22) Electronics industry The global electronics industry grew 9.8 percent in 2025 to USD 2,803 billion1. For the full year 2025, the semiconductor market grew 22.8 percent to the equivalent of USD 771 billion1. OUTLOOK Annual growth for the electronics industry is forecast at 7.7 percent for the period 2025-20301. Segments with the strongest expected growth during this five-year period are electronics for data centers, aerospace & defense, industrial and communication segments. The electronics industry is forecast to grow 13.7 percent in 2026. Growth is expected to occur in all segments, except in automotive and the consumer segment for TVs. The semiconductor market is expected to grow 118.3 percent in 2026, driven by demand for AI chips for data centers and higher memory prices. Market growth is forecast to be positive during the 2025- 2030 period as a whole, with annual growth of 22.8 percent1. The display market was unchanged in 2025, with growth of -0.2 percent, to USD 135 billion2, mainly due to OLED display price pressure, after a year of very strong growth of 26.1 percent during 2024 for the OLED display market. For 2026, the display market is forecast to decline 6.1 percent due to continued price pressure in both LCD and OLED displays. During the 2025-2030 period, the display market is expected to demonstrate annual growth of 0.3 percent2. The long-term trend toward a larger share of advanced OLED displays is forecast to continue. SMT AND DISPENSING MARKET AREA The global market for SMT equipment has annual sales of approximately USD 4,700 million7. The segment SMT robots for component mounting grew 25.2 percent in 2025, to USD 2,600 million. During the first two quarters, the market grew 30.5 percent compared with the corresponding period in 2025. Markets in North and South America, Europe, Southeast Asia and China showed growth, while Japan had a negative trend3. The dispensing equipment market increased 6.7 percent and had sales of USD 800 million4 in 2025. ASSEMBLY AUTOMATION AND TEST MARKET AREA In die bonding, the market for optical components in data/telecommunications increased 50.4 percent in 2025, to USD 40.8 billion8, and is expected to post annual growth of 14.2 percent during the 2026-2031 period, to USD 79.2 billion8. In electrical testing, the market for PCBs increased 16.7 percent in 2025, to USD 85.8 billion9, and is expected to post annual growth of 13.6 percent during the 2025-2030 period, to USD 162.3 billion9. PATTERN GENERATORS MARKET AREA PHOTOMASKS FOR DISPLAYS The market grew 8.9 percent in 2025, to USD 1,003 million5,10. This growth followed a positive development also in 2024 and display manufacturers continued to develop new LCD and OLED displays at a good pace. The market continues to be driven by an ongoing shift toward a higher proportion of advanced displays that require more, and also more advanced, photomasks. The expectation for 2026 is that the photomask market will continue to grow with 2.6 percent to USD 1,028 million5,10. The forecast for total area growth amounts to an average of 1.5 percent per year for 2025-20305. Stronger growth for OLED photomasks is expected, with an annual average area growth of 5.4 percent for 2025-20305, which drives the need for photomasks produced by more advanced mask writers. PHOTOMASKS FOR SEMICONDUCTORS For 2025, the market showed strong growth of 17.9 percent to USD 10.6 billion6. The market trend was mixed, with some segments and regions continuing to perform strongly, such as AI and advanced memory chips, although there were also weaker segments, such as semiconductors for the automotive industry. The expectation for 2026 is that the market will continue to perform positively, with growth of 15.0 percent to USD 12.2 billion6. The market value will continue to be primarily driven by the volume trend for the most advanced photomasks. 1) Prismark, September 2026 2) Omdia, July 2026 3) Protec MDC, July 2026 4) Prismark, April 2026 (annual update) 5) Omdia, July 2026 (annual update) 6) TechInsights, January 2026 7) Protec MDC, January 2026, Mycronic analysis, April 2026 8) Lightcounting, April 2026 9) Prismark, September 2026 10) 150 YEN/USD used by Mycronic for conversion Size/growth 2026F 2025 2024 Electronics industry, percentual change¹ +13.7% +9.8% +5.0% Semiconductor industry, percentual change¹ +118.3% +22.8% +19.1% SMT component mounting, percentual change³ NA +25.2% -7.7% Dispensing, USD million⁴ NA 800 750 Displays, USD, billion² 126 135 135 Photomasks for displays, percentual change in value⁵ +2.6% +8.9% +1.4% Photomasks for semiconductors, percentual change in value⁶ +15.0% +17.9% +15.5% Display photomask area, thousand sq. meters⁵ 23.3 23.4 22.0
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Interim Report January-September 2026 9 (22) Other PARENT COMPANY Mycronic AB is the Group’s Parent Company. The Parent Company’s net sales amounted to SEK 3,418 (3,317) million for the first nine months. EBIT amounted to SEK 1,349 (1,007) million. Cash and cash equivalents at the end of the first nine months amounted to SEK 1,986 million, compared with SEK 1,378 million at the end of 2025. FINANCIAL INFORMATION Mycronic AB (publ) is listed on Nasdaq Stockholm, Large Cap. The information in this report is published in accordance with the EU Market Abuse Regulation and the Swedish Securities Act. The information was submitted for publication, through the contact persons stated below, at 8:00 a.m. CEST on October 22, 2026. Financial reports and press releases are published in Swedish and English and are available at mycronic.com. This report was reviewed by the company’s auditor. PRESENTATION Mycronic will hold a presentation at 10:00 a.m. CEST on October 22, 2026, with President and CEO Anders Lindqvist and CFO and Sr VP Corporate Development Pierre Brorsson. The presentation will be webcast. FINANCIAL CALENDAR Year-end report 2026 February 4, 2027 Annual Report 2026 April 1, 2027 Interim Report January-March 2027 April 23, 2027 Annual General Meeting 2027 May 5, 2027 Interim Report January-June 2027 July 15, 2027 Interim Report January-September 2027 October 22, 2027 Year-end report 2027 February 3, 2028 FOR ADDITIONAL INFORMATION, PLEASE CONTACT Anders Lindqvist President and CEO Tel: +46 8 638 52 00 E-mail: anders.lindqvist@mycronic.com Pierre Brorsson CFO and Sr VP Corporate Development Tel: +46 8 638 52 00 E-mail: pierre.brorsson@mycronic.com Sven Chetkovich Director Investor Relations Tel: +46 70 558 39 19 E-mail: sven.chetkovich@mycronic.com Täby, October 22, 2026 Mycronic AB (publ) Anders Lindqvist President and CEO Mycronic AB (publ) Box 3141 SE-183 03 Täby, Sweden Tel: +46 8 638 52 00 www.mycronic.com Reg office: Stockholm Reg no: 556351-2374
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Interim Report January-September 2026 10 (22) Group Rolling Jan-Dec Consolidated profit and loss accounts in summary, SEK million Note 2026 2025 2026 2025 12 month 2025 Net sales 5, 6 2,356 1,709 7,276 5,917 9,297 7,938 Cost of goods sold -1,129 -904 -3,158 -2,699 -4,234 -3,775 Gross profit 1,227 805 4,118 3,218 5,063 4,163 Research and development 7 -293 -237 -881 -701 -1,158 -978 Selling expenses -203 -191 -620 -539 -830 -749 Administrative expenses -134 -115 -408 -335 -529 -456 Other income and expenses 13 -7 36 -45 42 -39 EBIT 610 255 2,245 1,598 2,587 1,940 Financial income and expenses -10 5 -36 21 -27 30 Profit/loss before tax 600 259 2,210 1,619 2,560 1,970 Tax -128 -42 -497 -334 -573 -410 Net Profit/loss 471 218 1,713 1,285 1,987 1,560 Earnings per share before dilution, SEK 2.41 1.11 8.77 6.57 10.19 7.99 Earnings per share after dilution, SEK 2.41 1.11 8.77 6.57 10.19 7.99 Results attributable to owners of the Parent Company 471 217 1,713 1,283 1,989 1,560 Results attributable to non-controlling interests - 1 - 2 -2 0 471 218 1,713 1,285 1,987 1,560 Q3 Jan-Sep Rolling Jan-Dec Consolidated statement of comprehensive income in summary, SEK million 2026 2025 2026 2025 12 month 2025 Net Profit/loss 471 218 1,713 1,285 1,987 1,560 Other comprehensive income Items not to be reclassified to profit/loss, after tax Actuarial profit/loss from defined benefits to employees - - - - 0 0 Net gain/loss on equity instruments designated at fair value through other comprehensive income 0 8 10 49 10 49 Items to be reclassified to profit/loss, after tax Translation differences at translating foreign entities 209 -41 480 -408 392 -496 Changes in cash flow hedges -19 -5 -156 181 -148 188 Total comprehensive income 661 181 2,046 1,106 2,240 1,300 Total comprehensive income attributable to owners of the Parent Company 661 179 2,046 1,109 2,238 1,301 Total comprehensive income attributable to non- controlling interests - 1 - -3 2 -1 661 181 2,046 1,106 2,240 1,300 Q3 Jan-Sep
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Interim Report January-September 2026 11 (22) Consolidated statements of financial position in summary, SEK million Note 30 Sep 26 30 Sep 25 31 Dec 25 ASSETS Non-current assets Intangible assets 6, 8 3,892 3,617 3,524 Property, plant and equipment 938 700 699 Non-current receivables 87 49 59 Deferred tax assets 228 208 193 Total non-current assets 5,144 4,575 4,474 Current assets Inventories 6 2,603 2,179 2,150 Trade receivables 6 1,633 1,325 1,336 Other current receivables 587 533 640 Cash and cash equivalents 3,271 2,002 2,323 Total current assets 8,093 6,039 6,449 Total assets 13,237 10,614 10,922 EQUITY AND LIABILITIES Equity 8,502 6,942 7,109 Non-current liabilities Non-current interest-bearing liabilities 286 270 252 Deferred tax liabilities 497 536 526 Other non-current liabilities 409 173 237 Total non-current liabilities 1,192 979 1,015 Current liabilities Current interest-bearing liabilities 129 91 96 Trade payables 623 534 465 Other current liabilities 2,792 2,069 2,237 Total current liabilities 3,544 2,694 2,798 Total liabilities 4,735 3,672 3,813 Total equity and liabilities 13,237 10,614 10,922
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Interim Report January-September 2026 12 (22) *Pertains to the acquisition of the non-controlling interest in Shenzhen Huan Cheng Xin Precision Manufacture Co., Ltd . *In addition to the performance indicators presented on page 1. See calculations on page 20. Rolling Jan-Dec Consolidated cash flow statements in summary, SEK million 2026 2025 2026 2025 12 month 2025 Profit/loss before tax 600 259 2,210 1,619 2,560 1,970 Adjustments for non-cash items and paid income tax 3 42 86 -55 127 -14 Change in working capital 71 11 -310 -585 -275 -549 Cash flow from operating activities 674 312 1,985 980 2,412 1,407 Cash flow from investing activities -64 -51 -377 -1,044 -462 -1,129 Cash flow from financing activities -91 -46 -786 -830 -818 -862 Cash flow for the period 518 215 823 -894 1,132 -585 Cash and cash equivalents, opening balance 2,687 1,804 2,323 3,014 2,002 3,014 Exchange difference for cash and cash equivalents 65 -16 125 -118 136 -107 Cash and cash equivalents, closing balance 3,271 2,002 3,271 2,002 3,271 2,323 Q3 Jan-Sep Jan-Dec Consolidated statement of changes in equity in summary, SEK million 2026 2025 2025 Opening balance 7,109 6,575 6,575 Dividend to owners -636 -734 -734 Change of non-controlling interests* - - -32 Repurchase of own shares -48 -19 -19 Equity-settled share based payments 31 14 20 Total comprehensive income 2,046 1,106 1,300 Closing balance 8,502 6,942 7,109 Of which holdings of non-controlling interests - 40 - Jan-Sep Jan-Dec Other key figures* 2026 2025 2025 Equity per share, SEK 43.53 35.55 36.41 Return on equity (rolling 12 months), % 25.7% 26.9% 22.8% Return on capital employed (rolling 12 months), % 32.4% 32.1% 27.9% Net cash, SEK million 2,856 1,641 1,974 Average number of employees 2,875 2,437 2,427 Jan-Sep
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Interim Report January-September 2026 13 (22) Parent Company Rolling Jan-Dec Profit/loss accounts in summary, Parent Company, SEK million 2026 2025 2026 2025 12 month 2025 Net sales 791 718 3,418 3,317 4,319 4,218 Cost of goods sold -372 -377 -1,220 -1,259 -1,693 -1,732 Gross profit 419 342 2,197 2,058 2,625 2,486 Other operating expenses -306 -275 -849 -1,051 -1,167 -1,369 EBIT 113 67 1,349 1,007 1,459 1,117 Result from financial items 16 22 43 61 240 258 Profit/loss after financial items 129 89 1,391 1,067 1,698 1,374 Appropriations - - - - -114 -114 Profit/loss before tax 129 89 1,391 1,067 1,584 1,260 Tax -26 -19 -287 -226 -300 -240 Net Profit/loss 102 70 1,104 841 1,284 1,020 Rolling Jan-Dec Statement of comprehensive income, Parent Company, SEK million 2026 2025 2026 2025 12 month 2025 Net Profit/loss 102 70 1,104 841 1,284 1,020 Other comprehensive income - - - - - - Total comprehensive income 102 70 1,104 841 1,284 1,020 Q3 Jan-Sep Q3 Jan-Sep
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Interim Report January-September 2026 14 (22) Notes NOTE 1 ACCOUNTING POLICIES This interim report for the Group has been prepared in accordance with IAS 34 Interim Financial Reporting, along with applicable provisions in the Swedish Annual Accounts Act. The report for the Parent Company has been prepared in accordance with Chapter 9 of the Swedish Annual Accounts Act. For the Group and Parent Company, accounting policies, valuation policies and assumptions were applied in accordance with the latest annual report. The accounting policies of the segments are the same as for the Group, with the exception of IFRS 16 Leases. The segments and the Parent Company recognize lease payments as a cost on a straight-line basis over the term of the lease. The right-of-use asset and the lease liability are thus not reported in the Parent Company’s balance sheet. Mycronic continues to progress with the implementation of IFRS 18 Presentation and Disclosure of Financial statements, effective from 1 January 2027. During the quarter, the Group further assessed the new presentation and disclosure requirements, evaluated key accounting policy choices and management-defined performance measures (MPMs), and continued preparations for comparative restatements and enhanced disclosures. The implementation is expected to result in the reclassification of certain foreign exchange and financial items in the profit and loss accounts, with the potential remeasurement of Axxon ESOP shares representing the largest impact. The nature of financial assets and liabilities is, in all material respects, the same as on December 31, 2025. The carrying amounts and fair values are deemed to essentially correspond with one another. Balance sheets in summary, Parent Company, SEK million 30 Sep 26 30 Sep 25 31 Dec 25 ASSETS Non-current assets Intangible and tangible assets 258 231 245 Financial assets 4,727 4,397 4,158 Total non-current assets 4,985 4,628 4,402 Current assets Inventories 1,045 955 977 Current receivables 715 796 944 Cash and cash equivalents 1,986 847 1,378 Total current assets 3,746 2,598 3,299 TOTAL ASSETS 8,731 7,226 7,701 EQUITY AND LIABILITIES Equity 4,842 4,205 4,390 Untaxed reserves 1,784 1,670 1,784 Provisions 17 16 17 Non-current liabilities Non-current interest-bearing liabilities 8 - - Other non-current liabilities 192 33 56 Total non-current liabilities 200 33 56 Current liabilities Current interest-bearing liabilities 2 - - Other current liabilities 1,887 1,301 1,454 Total current liabilities 1,889 1,301 1,454 TOTAL EQUITY AND LIABILITIES 8,731 7,226 7,701
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Interim Report January-September 2026 15 (22) NOTE 2 RELATED PARTY TRANSACTIONS A description of related party transactions can be found in Note 8 of the 2025 Annual Report. The scope and nature of these transactions did not change significantly during the period. NOTE 3 RISKS AND UNCERTAINTIES The Group’s business is exposed to a number of risks and uncertainties that are both operational and financial in nature, most of which are presented in the 2025 Annual Report. Mycronic is a global company with customers and production sites in multiple geographies worldwide and is therefore exposed to political decisions, such as tariffs and trade barriers. NOTE 4 EVENTS AFTER THE END OF THE PERIOD After the end of the period, two orders were received for three SLX mask writers. NOTE 5 REVENUE FROM CONTRACTS WITH CUSTOMERS NOTE 6 OPERATING SEGMENT REPORTING Rolling Jan-Dec Revenue by geographical market, SEK million 2026 2025 2026 2025 12 month 2025 EMEA 245 265 643 657 904 918 North and South America 456 249 1,295 696 1,746 1,146 Asia 1,655 1,195 5,338 4,565 6,647 5,874 2,356 1,709 7,276 5,917 9,297 7,938 Revenue by type of good/service, SEK million System 1,751 1,240 5,601 4,452 7,111 5,962 Aftermarket 606 469 1,675 1,465 2,186 1,977 2,356 1,709 7,276 5,917 9,297 7,938 Timing of revenue recognition, SEK million Goods transferred at a point in time 1,999 1,396 6,231 4,980 7,926 6,674 Services transferred over time 358 313 1,045 938 1,371 1,264 2,356 1,709 7,276 5,917 9,297 7,938 Q3 Jan-Sep Rolling Jan-Dec SEK million 2026 2025 2026 2025 12 month 2025 Net sales by Division Pattern Generators 580 485 2,777 2,656 3,353 3,232 PCB Assembly Solutions 358 314 979 934 1,417 1,372 High Volume 569 499 1,491 1,271 1,939 1,720 Global Technologies 852 416 2,047 1,062 2,617 1,632 Internal net sales between divisions -3 -4 -18 -6 -30 -18 2,356 1,709 7,276 5,917 9,297 7,938 EBIT by Division Pattern Generators 188 161 1,500 1,449 1,674 1,623 PCB Assembly Solutions 42 20 6 20 65 79 High Volume 74 79 181 211 236 267 Global Technologies 359 42 728 106 846 225 Group functions etc -54 -48 -174 -193 -240 -259 Effects from IFRS 16 2 2 4 4 6 6 Group 610 255 2,245 1,598 2,587 1,940 Q3 Jan-Sep
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Interim Report January-September 2026 16 (22) NOTE 7 R&D COSTS SEK million 30 Sep 26 30 Sep 25 31 Dec 25 Assets by Division Capitalized Development Costs Pattern Generators 88 93 96 PCB Assembly Solutions 70 76 73 High Volume 9 4 5 Global Technologies 20 9 11 187 182 185 Inventories Pattern Generators 797 694 722 PCB Assembly Solutions 449 458 446 High Volume 793 631 629 Global Technologies 565 397 353 Unrealized profit in inventories -2 0 -1 2,603 2,179 2,150 Trade Receivables Pattern Generators 264 290 318 PCB Assembly Solutions 259 348 340 High Volume 554 385 305 Global Technologies 555 302 374 1,633 1,325 1,336 Rolling Jan-Dec Research and development costs, SEK million 2026 2025 2026 2025 12 month 2025 R&D expenditures Pattern Generators -114 -99 -375 -321 -499 -445 PCB Assembly Solutions -43 -43 -140 -147 -190 -197 High Volume -73 -46 -192 -129 -246 -183 Global Technologies -65 -49 -175 -118 -227 -170 -296 -237 -882 -714 -1,162 -994 Capitalization of Development Costs Pattern Generators 4 5 6 18 14 25 PCB Assembly Solutions 7 6 24 20 30 26 High Volume 3 0 5 1 5 2 Global Technologies 4 1 8 9 10 11 17 13 43 48 59 64 Amortization of Acquired Technology Pattern Generators -1 - -3 - -3 - PCB Assembly Solutions 0 0 -1 -1 -2 -2 High Volume 0 0 -1 -1 -2 -2 Global Technologies -12 -12 -37 -32 -49 -45 -14 -13 -42 -35 -55 -48 Reported cost -293 -237 -881 -701 -1,158 -978 Q3 Jan-Sep
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Interim Report January-September 2026 17 (22) NOTE 8 BUSINESS COMBINATIONS Acquisition of ETZ In January, 2026, Mycronic acquired the remaining 85 percent of ETZ, a company based in Germany, which manufactures test probes. ETZ had 34 employees at the time of the acquisition and net sales in 2025 amounted to almost EUR 4 million, of which sales to Mycronic made up around 85 percent. Prior to the acquisition, Mycronic owned 15 percent of ETZ. The company forms part of the PCB Test business line within the Global Technologies division. The purchase consideration amounts to EUR 3.5 million, corresponding to SEK 38 million, on a cash and debt-free basis. Work to assign values to acquired assets and liabilities is ongoing and the purchase price allocation is therefore still preliminary as of September 30, 2026. In the preliminary purchase price allocation, intangible assets in technology and goodwill were identified. Goodwill of SEK 19 million is mainly attributable to the strategic key competence related to the development and production of probes for PCB Test machines. The company was consolidated in the Mycronic Group as of January 2, 2026. ETZ’s operations contributed SEK 3 million to consolidated net sales in 2026, whereas EBIT was positively impacted by SEK 15 million. Acquisition of Cowin DST In March, 2026, 100 percent of Cowin DST was acquired, a company based in South Korea primarily providing systems for display panel repair, as well as laser based repair of display and semiconductor photomasks. In recent years, the company has also invested in developing new inspection and cleaning technologies which could be used in various applications, primarily in the display and semiconductor industries. Cowin DST was founded in 2005 and had 67 employees at the time of the acquisition, all located in South Korea. Net sales amounted to SEK 78 million in 2025. The purchase consideration amounts to USD 20.5 million, corresponding to SEK 185 million, on a cash and debt-free basis. An unconditional deferred consideration of SEK 19 million will be paid three years following the acquisition. Work to assign values to acquired assets and liabilities is ongoing and the purchase price allocation is therefore still preliminary as of September 30, 2026. In the preliminary purchase price allocation, intangible assets in technology, customer relationships, brand and goodwill were identified. Goodwill of SEK 103 million is primarily attributable to Cowin DST’s complementary technology within display and photomask repair and inspection and cleaning technologies, as well as expected synergies from integration with the Pattern Generators division’s operations. The company was consolidated in the Mycronic Group as of March 2, 2026. Cowin DST’s operations contributed SEK 54 million to consolidated net sales in 2026, whereas EBIT was negatively impacted by SEK 34 million. Had the acquisition been completed at the beginning of the year, the Group’s net sales would have been affected by an additional SEK 10 million and EBIT negatively by SEK 2 million.
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Interim Report January-September 2026 18 (22) ETZ Cowin DST SEK million 2026 2026 Acquisition price Cash paid for the acquisition 33 166 Fair value of previously held non-controlling interest 5 - Deferred consideration - 19 Total 38 185 Acquired assets and liabilities at fair value Intangible assets 2 48 Property, plant and equipment 14 93 Non-current receivables 0 1 Inventories 6 9 Current receivables 3 39 Cash and cash equivalents 2 12 Non-current liabilities -4 -41 Current liabilities -5 -80 Total 19 82 Goodwill 19 103 Changes in consolidated cash and cash equivalents as of the acquisition Cash paid for the acquisition 33 166 Cash and cash equivalents in acquired subsidiaries -2 -12 Total 31 154
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Interim Report January-September 2026 19 (22) NOTE 9 DEFINITIONS AND RECONCILIATION ALTERNATIVE PERFORMANCE MEASURES, ETC The European Securities and Markets Authority (ESMA) has issued guidelines regarding alternative performance measures for listed companies. These relate to financial key figures used by management, to control and evaluate the Group’s business, which cannot be directly inferred from the financial statements. Alternative performance measures are also considered to be of interest to external investors and analysts who monitor the company. For definitions of other key ratios, please refer to the Annual Report. Acquisition-related costs Acquisition-related costs include expensing of acquired inventories at fair value, amortization and impairment of acquired intangible assets, changes in value and revaluation of contingent considerations and transaction costs etc. Book-to-bill Order intake in relation to net sales. Used to show future development of net sales. Capital employed Balance sheet total less non-interest bearing liabilities. Used to show the ability to meet capital needs from operations. Earnings per share Net profit/loss attributable to the owners of the Parent Company divided by the average number of outstanding shares before and after dilution. Used to show the company’s earnings per share. EBITDA Operating result, EBIT, before depreciation and amortization. Equity per share Equity on balance day divided by the number of outstanding shares at the end of the period. Used to measure the value of the company per share. Net cash Cash and cash equivalents less interest-bearing liabilities. Order backlog Remaining orders for goods, valued at the closing date exchange rate. Used to show secured future net sales of goods. Order intake Orders received for goods and services, valued at average exchange rates. The order intake also includes revaluation of the order backlog at closing date exchange rates. Used to show orders received. Organic growth Change in net sales, excluding increase related to acquisitions and decrease related to divestments, recalculated to the previous year’s exchange rates as a percentage of the previous year’s net sales. Net sales from acquired companies are included in the calculation of organic growth as of the first day of the first month which falls 12 months after the date of acquisition. Return on capital employed Profit before financial expenses as a percentage of average capital employed. Used to show return on capital needed for operations. Return on equity Net profit/loss as a percentage of average equity. Used to show return on shareholder capital over time. Underlying EBIT and underlying EBIT margin Underlying EBIT consists of operating result excluding acquisition-related costs and gains/losses from divestments of subsidiaries. The underlying EBIT margin is underlying EBIT as a percentage of net sales. Used to describe how operations are developing and performing excluding acquisition-related costs and gains/losses from divestments.
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Interim Report January-September 2026 20 (22) Rolling Jan-Dec Return on equity 2026 2025 12 month 2025 Net profit/loss (rolling 12 months) 1,987 1,749 1,987 1,560 Average shareholders' equity 7,722 6,506 7,722 6,842 25.7% 26.9% 25.7% 22.8% Return on capital employed Profit/loss before tax (rolling 12 months) 2,560 2,162 2,560 1,970 Financial expenses 71 17 71 17 Profit/loss before financial expenses 2,631 2,179 2,631 1,987 Average balance sheet total 11,926 9,995 11,926 10,667 Average non-interest-bearing liabilities 3,816 3,204 3,816 3,541 Average capital employed 8,110 6,791 8,110 7,126 32.4% 32.1% 32.4% 27.9% Book-to-bill Order intake 8,113 5,819 10,052 7,757 Net sales 7,276 5,917 9,297 7,938 1.1 1.0 1.1 1.0 EBITDA EBIT 2,245 1,598 2,587 1,940 Depreciation/Amortization 294 239 385 330 2,540 1,837 2,972 2,270 Underlying EBIT EBIT 2,245 1,598 2,587 1,940 Acquisition-related costs included in: Cost of goods sold 9 16 31 39 Operating expenses 63 128 92 157 71 144 123 196 2,317 1,743 2,710 2,136 Equity per share Equity at balance day 8,502 6,942 8,502 7,109 No. of outstanding shares at end of period, thousand 195,293 195,270 195,293 195,270 43.53 35.55 43.53 36.41 Earnings per share before/after dilution, SEK Net Profit/loss attributable to owners of the Parent Company 1,713 1,283 1,989 1,560 Average no. of outstanding shares before dilution, thousand 195,256 195,179 195,259 195,201 8.77 6.57 10.19 7.99 Average no. of outstanding shares after dilution, thousand 195,296 195,246 195,308 195,281 8.77 6.57 10.19 7.99 Net cash, SEK million Cash and cash equivalents 3,271 2,002 3,271 2,323 Interest-bearing liabilities -415 -361 -415 -348 2,856 1,641 2,856 1,974 Jan-Sep
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Interim Report January-September 2026 21 (22) *Recalculated to reflect the share split executed on June 3, 2025, whereby one existing share was split into two shares. Quarterly data Q3 26 Q2 26 Q1 26 Q4 25 Q3 25 Q2 25 Q1 25 Q4 24 Order intake Pattern Generators 616 675 597 545 789 191 956 1,144 PCB Assembly Solutions 367 444 287 362 405 356 295 389 High Volume 629 695 737 271 444 383 553 387 Global Technologies 1,059 1,111 915 773 797 402 254 461 Internal order intake between divisions -3 -9 -5 -13 -4 -2 - - 2,667 2,917 2,529 1,939 2,431 1,330 2,058 2,381 Order Backlog Pattern Generators 1,741 1,706 1,888 2,582 2,614 2,309 3,092 3,334 PCB Assembly Solutions 266 257 116 147 224 133 105 102 High Volume 1,253 1,193 1,011 683 860 915 975 752 Global Technologies 2,307 2,099 1,692 1,269 1,066 711 445 514 5,566 5,255 4,707 4,681 4,763 4,068 4,617 4,702 Net Sales Pattern Generators 580 905 1,291 577 485 974 1,197 702 PCB Assembly Solutions 358 303 318 438 314 328 292 486 High Volume 569 513 408 448 499 443 330 467 Global Technologies 852 704 492 570 416 323 323 403 Internal net sales between divisions -3 -9 -5 -13 -4 -2 - - 2,356 2,416 2,503 2,021 1,709 2,066 2,142 2,059 Gross Profit Pattern Generators 341 648 997 335 286 675 912 444 PCB Assembly Solutions 145 105 116 177 113 122 107 219 High Volume 233 225 170 184 192 170 143 163 Global Technologies 509 395 239 256 216 136 148 179 1,227 1,373 1,517 945 805 1,103 1,310 1,004 Gross Margin Pattern Generators 58.8% 71.6% 77.2% 58.2% 59.0% 69.4% 76.2% 63.3% PCB Assembly Solutions 40.6% 34.8% 36.5% 40.5% 36.0% 37.2% 36.8% 45.0% High Volume 40.9% 43.8% 41.6% 41.1% 38.5% 38.5% 43.5% 34.8% Global Technologies 59.7% 56.2% 48.7% 44.9% 51.8% 42.2% 45.8% 44.4% 52.1% 56.9% 60.6% 46.8% 47.1% 53.4% 61.1% 48.8% R&D costs Pattern Generators -112 -122 -137 -117 -95 -108 -100 -91 PCB Assembly Solutions -37 -40 -40 -44 -37 -45 -47 -43 High Volume -70 -66 -53 -54 -46 -43 -40 -44 Global Technologies -74 -65 -64 -63 -59 -47 -35 -39 Total R&D costs -293 -293 -295 -277 -237 -242 -222 -216 Selling expenses -203 -219 -199 -210 -191 -172 -175 -172 Administrative expenses -134 -149 -124 -121 -115 -114 -106 -102 Other income/expenses 13 -15 38 5 -7 -6 -31 12 EBIT 610 698 938 342 255 568 775 527 Of which EBIT Pattern Generators 188 481 831 173 161 537 752 311 Of which EBIT PCB Assembly Solutions 42 -44 8 59 20 14 -13 106 Of which EBIT High Volume 74 68 39 55 79 74 59 76 Of which EBIT Global Technologies 359 250 119 118 42 11 54 86 Of which EBIT Group functions etc -54 -60 -60 -66 -48 -69 -77 -56 EBIT margin 25.9% 28.9% 37.5% 16.9% 14.9% 27.5% 36.2% 25.6% Equity per share* 43.53 40.36 40.29 36.41 35.55 34.73 36.18 33.68 Earnings per share before dilution* 2.41 2.70 3.66 1.42 1.11 2.28 3.18 2.36 Earnings per share after dilution* 2.41 2.70 3.66 1.42 1.11 2.28 3.18 2.35 Closing share price* 338.20 321.20 218.00 223.25 214.95 201.80 210.00 199.70
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Interim Report January-September 2026 22 (22) THIS REPORT IS A TRANSLATION FROM THE SWEDISH ORIGINAL Review report Mycronic AB (publ), corporate identity number 556351-2374 Introduction We have reviewed the condensed interim report for Mycronic AB (publ) as at September 30, 2026 and for the nine months period then ended. The Board of Directors and the Managing Director are responsible for the preparation and presentation of this interim report in accordance with IAS 34 and the Swedish Annual Accounts Act. Our responsibility is to express a conclusion on this interim report based on our review. Scope of review We conducted our review in accordance with the International Standard on Review Engagements, ISRE 2410 Review of Interim Financial Statements Performed by the Independent Auditor of the Entity. A review consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and other generally accepted auditing standards in Sweden. The procedures performed in a review do not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the interim report is not prepared, in all material respects, in accordance with IAS 34 and the Swedish Annual Accounts Act regarding the Group, and in accordance with the Swedish Annual Accounts Act regarding the Parent Company. Stockholm, October 22, 2026 Ernst & Young AB Anna Svanberg Authorized Public Accountant