Interim report
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” Strong response to the launch of iX20”
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Unibap Space Solutions AB Interim report January – September 2026 1 Interim report January – September 2026 July - September 2026 • Net sales amounted to KSEK 19,767 (17,312) • Operating result amounted to KSEK -8,251 (-13,114) • Result after financial items amounted to KSEK –6,832 (-12,651) • Earnings per share before and after dilution amounted to SEK -0.09 (-0.20) Significant events July – September 2026 • In August, Unibap launched iX20 – a space computer that introduces a new level of capability for analyzing and processing large volumes of data directly in space. The technology addresses a rapidly growing need within defense, surveillance and intelligence, where access to timely information and speed of decision-making are critical. • During the quarter, a five-year framework agreement was signed with Leonardo Sp.A., with a minimum contract value of MEUR 10.6, of which MEUR 3.0 constitutes an initial order and the remainder a guaranteed minimum call-off volume. The agreement falls under the strategic cooperation agreement signed 2025. • In September, Unibap signed its first contract to supply edge computing platforms for space-based signal intelligence (SIGINT). The customer is a European space defence company. The initial order covers a handful of computers and represents Unibap's entry into a new application with potential for larger deployments. January - September 2026 • Net sales amounted to KSEK 75,358 (66,505) • Operating result amounted to KSEK 15,907 (-24,325) • Result after financial items amounted to KSEK -15,014 (-23,800) • Earnings per share before and after dilution amounted to SEK -0.23 (-0.38) Significant events after the end of the period • In October, Unibap’s space computer, iX20, was successfully launched aboard SpaceX Transporter-18, only weeks after the product was introduced. The first unit will be demonstrated in orbit together with D-Orbit, marking an important milestone for iX20 and a significant step in establishing the new platform in the market. • In November, a follow-up order of MEUR 6.8 was received from a European space company, as part of the framework agreement signed in August 2025. The order comprises iX5 and iX20 solutions, with first delivery in 2026. Group key figures Jan-Dec2026 2025 2026 2025 2025Net sales, KSEK19 767 17 312 75 358 66 505 100 021Operating income, KSEK-8 251 -13 114 -15 907 -24 325 -23 018Earnings per share before and after dilution, SEK-0,09 -0,20 -0,23 -0,38 -0,37Equity per share, SEK2,61 1,82 2,61 1,82 1,84Operating margin-42% -76% -21% -37% -23%Equity ratio74% 78% 74% 78% 80%Jul-Sep Jan-Sep
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Unibap Space Solutions AB Interim report January – September 2026 2 ”Strong response to the launch of iX20” Net sales for the third quarter of 2026 amounted to MSEK 19.8, with order intake of MSEK 55.8 and guaranteed volumes of MSEK 85.0, resulting in a total contracted value of MSEK 140.8. For the first three quarters of the year, order intake amounted to MSEK 126.3 and contractual value to MSEK 245.2. Based on the order intake during the first part of the year and our view of market activity, we remain committed to our ambition to achieve at least 30% growth in net sales in 2026. Order intake in Q3 consisted primarily of a call-off order under a long-term framework agreement with Leonardo, with a guaranteed minimum call- off volume. In addition, we received a follow-up order from an existing European customer, an initial order for a signal intelligence project, a first order from a new major US customer, as well as a number of smaller orders. In November, we also received a follow-up order of MEUR 6.8 from a European space company, as part of the frame- work agreement signed in August 2025. Q3 was an important quarter for Unibap. In record time, we developed our next-generation computing solution, the iX20, launched it to the market and signed our largest contract so far, based on iX20. The first delivery of iX20 was made already in Q1 2026, for launch into space aboard a SpaceX rocket on 1 October 2026. During the summer, we also delivered iX20 to KSAT Hyperion as part of our collaboration with KSAT. In Q2 2026, we received the first orders with deliveries starting in Q4 2026. Production will commence in Q4 2026, with ramp-up during Q1 2027. With the launch of iX20, we are also taking an important step in our software strategy through the launch of SEQR, our cybersecurity suite. As computing power aboard spacecraft increases and computers become an increasingly important part of the overall system, the cyber threat landscape is also expanding. iX20 has been very well received by the market, as demonstrated not least by the agreement with Leonardo. We will develop a customized version of iX20 for Leonardo, which will be marketed under both companies’ brands. The space market received considerable attention during Q2 in connection with SpaceX’s IPO, but fundamentally, this has not changed the underlying market conditions. The US continues to invest in Space Force and Golden Dome. Europe, Asia and the Middle East are increasing their defense investments, driven by concrete needs and a desire to reduce their dependence on the US, a need that has been highlighted by the US restricting Ukraine’s access to space-based capabilities on two occasions in 2025 and 2026. Our dual-use strategy remains unchanged – we develop for the commercial market and adapt our solutions for the defense market. These adaptations are best carried out in collaboration with experienced defense companies such as Leonardo. We also intend to produce iX20 in the US, which we see as an important part of our US strategy. The US remains by far the largest market, while Europe may become the fastest growing. Our focus remains on leveraging our strong position in Europe and Asia, continuing our expansion into the US, and pursuing new opportunities in software and services. Our new iX20 product generation will play a central role here. We remain positive about market developments, but as we have previously noted, Unibap is still in a growth phase, and it is therefore reasonable to expect both order intake and revenue to vary between quarters. Uppsala, 4 November 2026 Johan Åman, CEO
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Unibap Space Solutions AB Interim report January – September 2026 3 About Unibap Space Solutions Unibap Space Solutions is a Swedish high-tech space company at the forefront of Edge Computing. Our hardware, software, and services enable and enhance space missions carried out by defense organizations, emergency services, and commercial companies. Through reliable innovation, we are transforming the space industry. Vision Our vision is to provide trustworthy innovations for space to improve life on Earth, and beyond. Mission Our mission is to provide the best open platform for time-critical actionable information, made in space. Offering and use cases Our satellite computers and software provide a new level of speed and efficiency in Earth observation and monitoring. This enables, for example, military, emergency services, and civilian organizations to make decisions in real time. With our computers and software, satellites can process data directly onboard (so-called Edge Computing), operate autonomously, and deliver insights to users on Earth – more cost-efficiently than ever before. Whereas satellites have traditionally delivered generic data products, such as satellite imagery, to a limited number of customers, our solutions enable the delivery of tailored data products to a significantly broader customer base. This is also transformative for satellite service providers. It enables them to serve multiple customers per satellite simultaneously and to continuously adapt missions and tasks while in orbit – strengthening their business models. Since 2016, our technology has been instrumental in a growing number of space missions. Our customer base spans the entire space industry – from defense and emergency services to civil and commercial organizations. We collaborate with leading satellite manufacturers, service providers, and space agencies. We are based in Sweden and originate from pioneering research in space systems, image analysis, industrial automation, and AI. Today, we are defined by our deep expertise and strong focus on innovation. Welcome to Unibap Space Solutions. Trustworthy Innovation in Space. iX20 Unibap SCOS - Our Ubuntu-based operating system that enables reliable use of earth developed algorithms in space. Unibap SEQR – Our cybersecurity framework that ensures secure operation and data flows, even in the most critical space environments Unibap LOOM – Our pipeline for preprocessing images, enabling machine learning applications and hyperspectral data processing in orbit
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Unibap Space Solutions AB Interim report January – September 2026 4 The share Share information The share in Unibap Space Solutions is listed on Nasdaq First North Growth Market. The share is traded under the ticker UNIBAP and has the ISIN code SE0009606809. Share capital At the end of the period, the share capital amounted to SEK 9,775,602, divided into 72,292,013 shares, corresponding to a quota value of approximately SEK 0.14 per share. Shares and votes The Company has only one class of shares, where each share carries equal rights to the Company’s assets and earnings and has equal voting rights. Warrants The Annual General Meeting held on 30 May 2023 resolved on a directed issue of not more than 250,000 warrants entitling subscription for new shares in the Company. Each warrant entitles the holder to subscribe for one new share during the period from 1 July 2027 up to and including 1 September 2027 against cash payment. Each warrant entitles subscription of one new share at a subscription price of SEK 19.2 per share. The Annual General Meeting held on 15 May 2025 resolved on a directed issue of not more than 1,258,684 warrants entitling subscription for new shares in the Company. Each warrant entitles the holder to subscribe for one new share during the period from 1 November 2028 up to and including 31 December 2028 against cash payment. Each warrant entitles subscription of one new share at a subscription price of SEK 14.5 per share. The Annual General Meeting held on 15 May 2025 resolved on a directed issue of not more than 1,258,684 employee stock options entitling subscription for new shares in the Company. The Annual General Meeting held on 12 May 2026 resolved on a directed issue of not more than 1,258,684 warrants entitling subscription for new shares in the Company. Each warrant entitles the holder to subscribe for one new share during the period from 1 November 2029 up to and including 31 December 2029 against cash payment. Each warrant entitles subscription of one new share at a subscription price of SEK 27,8 per share. The Annual General Meeting held on 12 May 2025 resolved on a directed issue of not more than 1,258,684 employee stock options entitling subscription for new shares in the Company. The employee stock option programmes cover permanent employees with an employment rate of at least 75 percent and require continued employment in the Company over a three-year period. The options are granted free of charge and are non-transferable. Based on the number of shares as of 31 December 2025 and assuming that all allocated, non-lapsed employee stock options and warrants are exercised for subscription of new shares, the dilution effect from the programs amounts to a maximum of 5,7 percent. Largest shareholders as of 30 September 2026 * Company controlled by Neqst ** As of 30 September, Andras Vajlok holds, directly or indirectly through companies 6,533,561 shares Owner-ship Cidro Förvaltning AB 17 473 403 24%U1 Holding AB * 14 553 720 20%Försäkringsaktiebolaget Avanza Pension8 319 810 12%Nordnet Pensionsförsäkring AB 6 228 088 9%Societe Generale SS 4 633 833 6%PAM Capital AB 1 666 852 2%Vajlok, Andras ** 1 465 250 2%Myacom Investment AB 1 190 000 2%SEB Life International Assurance 606 890 1%Malmer, Staffan 535 621 1%Total, 10 largest shareholders 56 673 467 78%Other shareholders 15 618 546 22%Total 72 292 013 100% Number of shares and votes
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Unibap Space Solutions AB Interim report January – September 2026 5 Financial information Group performance 1 JULY – 30 SEPTEMBER 2026 Net sales for the third quarter amounted to KSEK 19,767 (17,312), of which deliveries under the announced strategic collaboration with Leonardo S.p.A. accounted for just under half. Capitalized development expenditure for own account amounted to KSEK 11,743 (6,492) during the quarter and mainly relates to the development of next-generation edge computers. Other operating income amounted to KSEK 1,338 (313) and relates to an EU-funded research and development project as well as operating foreign exchange gains. Other external expenses for the third quarter amounted to KSEK 22,886 (21,057). Personnel expenses amounted to KSEK 11,419 (10,483). The increase in costs is primarily attributable to higher R&D expenses related to the development of next-generation edge computers, as well as security-related costs. Depreciation and amortization, mainly relating to capitalized development expenditure, amounted to KSEK 6,655 (5,413). Other operating expenses amounted to KSEK 139 (279) and relate to operating foreign exchange losses. Operating profit/loss amounted to KSEK -8,251 (-13,114). Net financial income for the third quarter amounted to KSEK 1,419 (464). Profit/loss for the period amounted to KSEK -6,832 (-12,651). Net sales (KSEK) Operating profit (KSEK) Net sales by customer segment Net sales by geographic region 010 00020 00030 00040 000Q1 Q2 Q3 Q4 Q1 Q2 Q320252026-20 000-15 000-10 000-5 00005 00010 000Q1 Q2 Q3 Q4 Q1 Q2 Q32025 2026 Defense 42% Commercial 51% Government 8% Europe 55% Asia 2% North America; 43%
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Unibap Space Solutions AB Interim report January – September 2026 6 Financial information Group performance 1 JANUARY – 30 SEPTEMBER 2026 Net sales for the first three quarters amounted to KSEK 75,358 (66,505). Deliveries under the announced strategic collaboration with Leonardo S.p.A. and deliveries under the previously communicated call-off order from Loft Orbital together accounted for just over half of net sales during the period. Capitalized development expenditure for own account amounted to KSEK 33,565 (22,165) during the first nine months and mainly relates to the development of next-generation edge computers. Other operating income amounted to KSEK 2,956 (955) and relates to EU-funded research and development projects as well as operating foreign exchange gains. Other external expenses for the period January–September amounted to KSEK 71,473 (58,183). Personnel expenses amounted to KSEK 35,597 (31,333). The increase in costs is primarily attributable to higher R&D expenses related to the development of next- generation edge computers, as well as security-related costs and costs associated with the US subsidiary established in 2025. Depreciation and amortization, mainly relating to capitalized development expenditure, amounted to KSEK 19,962 (20,554). Other operating expenses amounted to KSEK 755 (3,881) and relate to operating foreign exchange losses. Operating profit/loss amounted to KSEK -15,907 (-24,325). Net financial income for the three quarters of the year amounted to KSEK 893 (525). Profit/loss for the period amounted to KSEK -15,014 (-23,800). Net sales by customer segment Net sales by geographic region Defense 49% Commercial 47% Government 4% Europe 83% Asia 3% North America 15%
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Unibap Space Solutions AB Interim report January – September 2026 7 Investments Net investments for the third quarter amounted to KSEK 11,660 (7,935) and primarily relate to the development of next-generation edge computers. Cash flow Cash flow for the third quarter amounted to KSEK 714 (-18 747). Cash flow from operating activities amounted to KSEK 11,742 (-11,598) during the period. Cash flow from investing activities amounted to KSEK -11,660 (-7,935) and is mainly attributable to capitalized work for own account. Cash flow from financing activities amounted to KSEK 631 (787) and relate to payments of options premiums. Employees* The number of employees as of 30 September 2026 amounted to 41 (38). The average number of employees during the third quarter was 36 (33). Liquidity and financial position* As of 30 September 2026, the Group had interest- bearing liabilities amounting to KSEK 5,000 (5,000). Cash and cash equivalents amounted to KSEK 83,406 (80,755) at the balance sheet date. Equity amounted to KSEK 188,996 (195,250). The equity ratio at the end of the period amounted to 74 percent (78). Tax Tax loss carry-forward amounted to KSEK 218,875 at the end of the third quarter 2026 and have not been recognized as deferred tax assets. * Under Employees, Liquidity and financial position above, the figures in parentheses refer to the previous quarter. Investments in intangible fixed assets (KSEK) Cash (KSEK) 02 0004 0006 0008 00010 00012 00014 000Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q32024 2025 2026-20 000020 00040 00060 00080 000100 000Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q32024 2025 2026
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Unibap Space Solutions AB Interim report January – September 2026 8 Group Income statement Jan-DecAmounts in KSEK 2026 2025 2026 2025 2025Operating incomeNet sales 19 767 17 312 75 358 66 505 100 021Activated work for own account 11 743 6 492 33 565 22 165 29 738Other operating revenue 1 338 313 2 956 955 1 245Total operating income 32 848 24 118 111 880 89 625 131 004Operating costs Other external expenses -22 886 -21 057 -71 473 -58 183 -79 127Personnel costs -11 419 -10 483 -35 597 -31 333 -43 589Depreciation and amortization of tangible and intangible fixed assets -6 655 -5 413 -19 962 -20 554 -26 664Other operating expenses -139 -279 -755 -3 881 -4 643Total operating expenses -41 099 -37 232 -127 787 -113 950 -154 022Operating income -8 251 -13 114 -15 907 -24 325 -23 018Financial items Interest income and similar items 1 514 617 1 327 721 755Interest expenses and similar items -95 -154 -434 -196 -479Net financial items 1 419 464 893 525 276Profit/loss for the period -6 832 -12 651 -15 014 -23 800 -22 742Earnings per share before and after dilution, SEK -0,09 -0,20 -0,23 -0,38 -0,37Number of shares Average number of shares outstanding during the period 72 292 013 62 304 860 66 291 395 62 304 860 62 304 860Number of shares outstanding at the end of the period 72 292 013 62 304 860 72 292 013 62 304 860 62 304 860 Jul-Sep Jan-Sep
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Unibap Space Solutions AB Interim report January – September 2026 9 Group Balance sheet 31 DecAmounts in KSEK 2026 2025 2025AssetsFixed assetsIntangible fixed assets74 561 57 475 59 410Property plant and equipment6 368 5 518 6 110Financial assets100 100 100Total non-current assets81 028 63 092 65 620Current assetsInventories51 144 24 347 27 384Accrued income not yet invoiced10 495 4 109 2 811Current receivables27 640 27 478 37 075Short-term investments189 189 189Cash and cash equivalents83 406 26 425 10 585Total current assets 172 874 82 548 78 043Total assets 253 902 145 640 143 662Equity and liabilitiesEquityShare capital 9 776 8 425 8 425Other contributed capital 459 173 352 921 355 904Other equity including profit/loss for the period-279 952 -248 025 -249 634Total equity188 996 113 322 114 695Non-current liabilitiesLiabilities to credit institutions2 188 - -Total non-current liabilities2 188 - -Current liabilitiesLiabilities to credit institutions2 813 - -Deferred income30 602 10 416 8 675Trade payables18 794 12 236 11 996Other liabilities10 510 9 666 8 297Total current liabilities62 719 32 319 28 967Total equity and liabilities 253 902 145 640 143 662 30 Sep
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Unibap Space Solutions AB Interim report January – September 2026 10 Group Condensed statement of changes in equity Cash flow statement Jan-DecAmounts in KSEK 2026 2025 2026 2025 2025Opening equity195 250 125 123 114 695 136 065 136 065Profit/loss for the period-6 832 -12 651 -15 014 -23 800 -22 742New share issue- 88 837Translation reserve-53 63 -153 193 325Option premiums 631 787 631 864 1 047Closing equity188 996 113 322 188 996 113 322 114 695Jul-Sep Jan-Sep Jan-DecAmounts in KSEK2026 2025 2026 2025 2025Operating activities Operating income-8 251 -13 114 -15 907 -24 325 -23 018Adjustments for items not included in cash flow6 174 5 476 18 730 20 747 27 869Interest received4617121721755Interest paid-95-154-434-180-463Cash flow from operating activities before changes in working capital-2 167 -7 175 2 511 -3 037 5 143Cash flow from changes in working capitalChange in inventories-13 170-1 400-23 760-4 779-7 816Change in short-term receivables15 873-16 1811 7503 699-4 599Change in short-term liabilities11 20613 15830 939-5 008-8 360Cash flow from operating activities11 742 -11 599 11 440 -9 126 -15 632Investing activitiesAcquisition/disposal of non-current assets-11 660-7 935-35 370-24 589-33 227Acquisition/disposal of short-term investm.-----Cash flow from investing activities-11 660 -7 935 -35 370 -24 589 -33 227Financing activitiesNew share issue--88 837--Premiums received for warrants6317876318641 047Borrowings--15 000--Repayment of borrowings---10 000--Cash flow from financing activities631 787 94 468 864 1 047Cash flow for the period714-18 74770 538-32 851-47 811Cash at the beginning of the period80 75545 17210 58559 27659 276Cash flow for the period714-18 74770 538-32 851-47 811Exchange rate difference in cash1 937-2 284--880Cash at the end of the period83 40626 42583 40626 42510 585 Jul-Sep Jan-Sep
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Unibap Space Solutions AB Interim report January – September 2026 11 Parent company Income statement Jan-DecAmounts in KSEK 2026 2025 2026 2025 2025Operating incomeNet sales 11 253 16 028 65 112 64 394 97 276Intercompany revenues 8 229 1 335 8 229 1 335 1 863Activated work for own account 11 743 6 492 33 565 22 165 29 738Other operating revenue 1 338 -82 2 956 1 386 1 938Total 32 56223 773109 86289 280130 814 Operating costs Other external expenses -21 500 -20 531 -69 284 -57 608 -78 781Personnel costs -10 114 -9 096 -31 560 -27 988 -38 591Depreciation and amortization of tangible and intangible fixed assets -6 655 -5 413 -19 962 -20 554 -26 664Other operating expenses -54 -279 -743 -3 881 -4 643Total operating expenses -38 323-35 319-121 549-110 031-148 678 Operating income-5 761-11 547-11 687-20 751-17 864 Financial items Interest income and similar items 1 514 617 1 327 721 755Interest expenses and similar items -95 -154 -434 -196 -479Net financial items 1 419464893525276 Profit/loss for the period-4 342-11 083-10 793-20 226-17 588 Jul-Sep Jan-Sep
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Unibap Space Solutions AB Interim report January – September 2026 12 Parent company Balance sheet 31 DecAmounts in KSEK 2026 2025 2025AssetsFixed assetsIntangible fixed assets74 561 57 475 59 410Property plant and equipment6 368 5 518 6 110Financial assets5 150 150 5 150Total non-current assets86 078 63 142 70 670Current assetsInventories50 735 24 338 27 007Accrued income not yet invoiced10 495 4 109 2 811Current receivables17 530 25 846 36 604Current intercompany receivables12 494 5 072 471Short-term investments189 189 189Cash and cash equivalents81 227 24 876 9 830Total current assets 172 670 84 430 76 911Total assets258 748 147 573 147 581Equity and liabilitiesEquityShare capital 9 776 8 425 8 425Fund for development expenditure74 561 57 475 59 410Share premium reserve384 612 295 446 296 494Retained earnings-259 956 -224 418 -227 217Loss for the period-10 793 -20 226 -17 588Total equity198 199 116 702 119 524Non-current liabilities-Liabilities to credit institutions2 188 - -Total non-current liabilities2 188 - -Current liabilitiesLiabilities to credit institutions2 813 - -Deferred income25 852 10 416 8 675Trade payables19 281 12 236 11 922Other liabilities10 417 8 218 7 460Total current liabilities58 362 30 870 28 057Total equity and liabilities258 748 147 573 147 581 30 Sep
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Unibap Space Solutions AB Interim report January – September 2026 13 Other information Company information Unibap Space Solutions AB (publ), company registration number 556925–1134, with its registered office in Uppsala, Sweden. All amounts are stated in thousands of Swedish kronor (KSEK) unless otherwise indicated. Rounding differences may occur. Certified adviser FNCA Sweden AB is the Company’s Certified adviser. Related party transactions Apart from transactions between Group companies and remuneration to senior executives, no related-party transactions occurred during the reporting period. The Company has employee stock option programs; see further under The Share on page 5. Accounting principles This interim report has been prepared in accordance with the Swedish Annual Accounts Act and BFNAR 2012:2 Annual Report and Consolidated Accounts (K3). The Company is the parent company of a group comprising wholly owned subsidiaries: Unibap Incentive AB, Unibap US Holding, Inc., and Unibap Space Solutions, LLC. Significant risks and uncertainties The significant risks and uncertainties that may affect the Group’s operations are described in the 2025 annual report. No new significant risks have been identified during the period. Auditor’s review This interim report has been subject to a limited review by the Company’s auditors. Language version This interim report has been prepared in Swedish and translated into English. In the event of any discrepancy between the Swedish original and the English translation, the Swedish version shall prevail. Definitions Equity per share Equity divided by the number of shares at the balance sheet date. Average number of shares The average number of shares has been calculated based on a weighting of the number of outstanding shares after each completed share issue multiplied by the number of days each respective number of shares has been outstanding. Comparative figures Figures in parentheses refer to the corresponding period of the previous year, except for employees, liquidity and financial position where comparison is made against the previous quarter. Net sales Revenue from goods sold and services performed. Earnings per share Net profit (profit for the period) divided by the average number of shares. Operating margin Operating profit in relation to net sales. Operating profit Profit before financial items and tax. Equity ratio Equity in relation to total assets. Financial calendar Year-end report 2026 Annual report 2026 Interim report Q1 2026 9 February 2027 9 April 2027 12 May 2027 The interim report, and additional information, is available on Unibap Space Solutions website, https://investor.unibap.com/finansiella-rapporter/
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Unibap Space Solutions AB Interim report January – September 2026 14 Board of directors’ signatures The Board of Directors and the Chief Executive Officer hereby certify that this report provides a true and fair overview of the Company’s operations, financial position and results, and describes the significant risks and uncertainties facing the Company. Uppsala, 4 November 2026 Ingrid Engström Chairman of the board Andras Vajlok Board member Henrik Scharp Board member Andreas von der Heide Board member Markus Selin Board member Mats Warstedt Board member Johan Åman CEO
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Review report Unibap Space Solutions AB (publ), corporate identity number 556925-1134 Introduction We have reviewed the condensed interim report for Unibap AB as of 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 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 the Swedish Annual Accounts Act. Uppsala, November 4th 2026 Ernst & Young AB Oskar Wall Authorized Public Accountant