Slides
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If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-symbol, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-logo, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-logo, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue Q2 2026 Earnings call presentation August 28, 2026
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Overview • Net sales of 154 MSEK • -46% vs. Q2 25 • -39% organic decrease • Net sales increased by 7% adjusted for a pre- purchase and non-recurring revenue in Q2 2025 • Market conditions remained challenging • Cost reductions: • 43 MSEK in savings during Q2 2026 • 163 MSEK in total savings since Q3 2025 • Measures in Autosense • Cash: • Free cash flow: -10 MSEK • Cash position: 37 MSEK Q2 REPORT 2026 2
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Products & Solutions Integrations Autosense Example customers Universities, Research institutes, Government labs, Market research agencies, UX research agencies, Enterprises and consumers Consumer electronic companies, Medical device companies, PC OEMs, Assistive technology providers, Software vendors Automotive OEMs, Automotive Tier 1 suppliers Net sales Application areas -21 MSEK • Advanced research • Actionable insights • Gaming • Advertising • AR and VR • Healthcare and assistive tech • Education • Driver monitoring systems • Occupant monitoring systems Q2 2026: Overview of our business segments 50% EBIT 24% 26% 0 MSEK 36 MSEK 3 Q2 REPORT 2026
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UPDATE ON AUTOSENSE If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-logo, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue
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• Cost adjustment • Expected to reduce the cost base by more than SEK 50 million. • Creating more routes to market • Licensing of software components and technology platforms etc, enabling earlier revenue generation and a more balanced sharing of investment and commercial risk • Open to partnerships • Exploring strategic partnership options that could add complementary technology, stronger market/customer access, and greater scale Autosense measures Q2 REPORT 2026 5
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FINANCIAL DEVELOPMENT If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-logo, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue
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Net sales EBIT Free cash flow Q2 financials overview Q2 REPORT 2026 7 -10 MSEK 15 MSEK 154 MSEK
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‒ Net sales Q2 development -46% ‒ of which organic: -39% ‒ of which currency: -1% ‒ Underlying growth 7% ‒ Gross margin 82% (83%) ‒ EBIT was 15 MSEK (24) ‒ Fair value adjustment of contingent consideration of 51 MSEK ‒ Non-cash depreciation and amortization 49 MSEK (27) ‒ EBIT-margin 10% (9%) Net sales (MSEK) and Gross margin (%) EBIT (MSEK) and EBIT margin (%) Group financial development 8 Q2 REPORT 2026 201 211 284 198 284 158 193 164 154 79% 80% 84% 77% 83% 82% 78% 84% 82% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 -65 -17 50 12 24 -33 -196 -28 15 -33% -8% 18% 6% 9% -21% -102% -17% 10% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026
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‒ Net sales decline of -18% ‒ Of which organic: -16% ‒ Of which currency: -3% ‒ Gross margin 68% ‒ EBIT of -21 MSEK (-59) Net sales (MSEK) and Gross margin (%) 50% -16% -21 Share of net sales Organic growth EBIT, MSEK Products & Solutions EBIT (MSEK) and EBIT-margin (%) 9 Q2 REPORT 2026 109 92 143 104 93 84 110 79 76 66% 59% 72% 62% 64% 68% 65% 71% 68% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2026 -26 -22 31 -12 -59 -19 -1 -12 -21 -24% -24% 22% -12% -63% -22% -1% -16% -28% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026
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‒ Net sales decline of -79% ‒ Of which organic: -75% ‒ Of which currency: -0% ‒ Of which one-time revenue: -3% ‒ Gross margin 91% ‒ EBIT 0 MSEK (112) Net sales (MSEK) and Gross margin (%) 24% -75% 0 Share of net sales Organic growth EBIT, MSEK Integrations EBIT (MSEK) and EBIT-margin (%) 10 Q2 REPORT 2026 84 108 118 80 178 69 46 41 3796% 97% 97% 91% 93% 97% 88% 92% 91% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 21 49 73 48 112 27 -24 5 0 25% 45% 62% 59% 63% 39% -52% 12% 1% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026
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‒ Net sales at 40 MSEK (12) ‒ Of which organic: 230% ‒ Of which currency: -5% ‒ Gross margin of 100% (100%) ‒ EBIT of 36 MSEK (-28) Net sales (MSEK) and Gross margin (%) 26% 36 Share of net sales EBIT, MSEK Autosense EBIT (MSEK) and EBIT-margin (%) 11 230% Organic growth 45 Q2 REPORT 2026 9 11 23 14 12 6 37 40 91% 94% 99% 100% 100% 99% 100% 100% 100% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 -60 -44 -54 -24 -28 -42 -172 -21 36 -710% -394% -238% -167% -229% -732% -463% -45% 91% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026
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‒ Free cash flow was -10 MSEK (71) ‒ Cash and cash equivalents of 37 MSEK ‒ RCF of SEK 25 million, of which SEK 14 million was utilized at the end of the period Balance sheet and cash flow summary Free cash flow (MSEK) Balance sheet and cash flow 12 (MSEK) Q2 2026 FY 2025 Equity 349 395 Equity/assets ratio, % 30 30 Cash and cash equivalents 37 117 Net debt (Excl. IFRS 16) 436 399 Free cash flow -10 85 Q2 REPORT 2026 -121 -96 -14 -14 71 -29 57 17 -10 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026
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PRODUCT INNOVATION If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-logo, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue
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Progress on next gen Smart Glasses Platform Q2 REPORT 2026 14 • Continued advancement in eye tracking algorithms, leveraging recent gains in energy-efficient machine learning silicon • Enables all-day use on a single charge, with no compromise on performance • New evaluation kits and integration services now available, helping consumer OEM and industry-specific customers scale up integration
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SUMMARY AND OUTLOOK If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-logo, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue
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Summary and outlook • Market remains volatile with regional uncertainty, while demand in China is expected to normalize gradually • With the savings achieved, refined product priorities and measures to strengthen Autosense, we are laying a solid foundation for achieving sustainably positive operating cash- flow from 2027 • Significant potential for a commercially sharpened Tobii to drive profitable growth over time Q2 REPORT 2026 16
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Q&A If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-logo, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue
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THANK YOU! If the textboxes disappears after adding or changing an image, right click the image and use – Send to back If you need to change the color of the Tobii-logo, right click outside work area, choose Format Background from context menu and choose Solid fill – White or Blue Q3 report will be released on October 22, 2026 If you have questions, please contact: ir@tobii.com https://corporate.tobii.com/investors