Electrolux Professional

Interim / Quarterly Report • Jul 22, 2025

Second quarter, April–June 2025

• > Net sales amounted to SEK 3,195m (3,268), a decrease of 2.2%. Organically, sales increased by 2.4%. The acquisition of Adventys in 2024 contributed with 0.2%. Currency translation had a negative impact of 4.8%.
• > EBITA amounted to SEK 392m (410), corresponding to a margin of 12.3% (12.5).
• > Operating income amounted to SEK 340m (353), corresponding to a margin of 10.6% (10.8).
• > Income for the period amounted to SEK 217m (230), and earnings per share was SEK 0.75 (0.80).
• > Operating cash flow after investments amounted to SEK 305m (392).

Key ratios

SEKm	Apr–Jun 2025	Apr–Jun 2024	Change, %	Jan–Jun 2025	Jan–Jun 2024	Change, %
Net sales	3,195	3,268	–2.2	6,268	6,323	–0.9
EBITA*	392	410	–4.3	755	736	2.7
EBITA margin, %*	12.3	12.5		12.1	11.6
Operating income*	340	353	–3.8	645	624	3.5
Operating margin, %*	10.6	10.8		10.3	9.9
Income after financial items	318	313	1.6	603	550	9.5
Income for the period	217	230	–5.8	416	401	3.6
Earnings per share, SEK¹	0.75	0.80		1.45	1.40
Operating cash flow after investments*	305	392		479	576
Operating working capital % of net sales*	n/a	n/a		15.9	17.4

*) Alternative performance measures used in this report are explained on pages 23–24.

1) Basic number of outstanding shares.

Food & Beverage back to organic growth, US continues to be strong

The second quarter of 2025 showed organic growth in both segments. Sales are developing well, but the impact from currency had at negative effect on profit compared to last year.

The global macroeconomic situation continues to be uncertain, but demand has so far been good with continued positive sales development in the US, and the Asia Pacific, Middle East and Africa region finally returning to growth.

Good growth in Food & Beverage

Sales of Food & Beverage increased by 3.3% organically, driven by strong growth in the Americas, Asia Pacific, Middle East and Africa, while sales in Europe declined slightly. EBITA margin declined somewhat compared to last year, due to higher operational costs, but also due to weak sales in Beverage. US tariffs had no material impact. Order intake for Food & Beverage was significantly higher than last year in all regions.

Improved margin in Laundry

Organically, sales of Laundry increased by 1.0%. Sales in the US were down at the beginning of the quarter due to uncertainty about tariffs but improved towards the end of the quarter. EBITA margin improved somewhat, despite a significant negative impact from currency equivalent to 2.5% in margin. US tariffs had no material impact. Order intake was somewhat higher than a year ago.

Improved sustainability rating

I am proud to report that EcoVadis, a provider of business sustainability ratings, has awarded us the prestigious Gold Medal, placing us in the top 5% of companies globally in terms of sustainable business practices. In addition, we have estab-

The global macroeconomic situation continues to be uncertain, but demand has so far been good with continued positive sales development.

Alberto Zanata, President and CEO

Alberto Zanata, President and CEO

lished a framework for green financing to further integrate the company's climate change mitigation ambition into our financing set-up.

Focus on cost efficiency

Sales and order intake developed well during the quarter, but profitability did not improve due to the currency impact and higher operational costs. We will maintain a higher pace in R&D during 2025 and 2026, due to large investments in both Laundry and Cooking.

During the quarter, we have had a limited impact from the current tariffs and, if these levels remain, we should be able to mitigate the impact for the rest of the year.

So far, given the macroeconomic uncertainty, we have not been able to offset the currency impact. However, this is our aim medium term. In parallel, we will increase our focus on general cost efficiency to make our company leaner, more agile and productive. The combination of innovation and cost efficiency will support our ability to future-proof the Group. These actions make me confident that we should be able to improve our performance going forward.

Alberto Zanata, President and CEO

Financial overview

Development during the second quarter, April–June 2025

Net sales

Net sales for the second quarter amounted to SEK 3,195m (3,268), a decrease of 2.2% compared to the same period last year. Organically, sales increased by 2.4%. The acquisition of Adventys contributed by 0.2%. Currency had a negative impact of 4.8%.

Sales in Food & Beverage increased organically by 3.3%, and sales in Laundry, increased organically by 1.0%.

Organically, sales in Europe decreased by approximately 1%, while sales in Americas increased by approximately 9% and in Asia-Pacific, Middle East and Africa by 6%.

Changes in net sales, %	Apr–Jun 2025	Apr–Jun 2024
Organic growth*	2.4	–0.7
Acquisitions*	0.2	5.9
Divestments*	–	–
Changes in exchange rates	–4.8	–1.6
Total	–2.2	3.7

*) Alternative performance measures used in this report are explained on pages 23–24.

Net sales per market, April-June 2025 Europe 59% (60) Asia-Pacific, Middle-East, Africa 16% (15) Americas 25% (25) Net sales by segment, April-June 2025 Food & Beverage 62% (62) 38% (38)

Operating income and EBITA

Operating income excluding amortization of intangible assets (EBITA) amounted to SEK 392m (410), corresponding to a margin of 12.3% (12.5). Operating income amounted to SEK 340m (353), corresponding to a margin of 10.6% (10.8). Currency, and high operational costs have had a negative impact on EBITA. The impact from currency is equivalent to 0.9% in EBITA margin.

Financial net

Net financial items amounted to SEK –22m (–40). The Finance net is lower due to lower debt.

Income for the period

Income for the second quarter amounted to SEK 217m (230), corresponding to SEK 0.75 (0.80) in earnings per share. Income tax for the period amounted to SEK –101m (–83). The tax rate for the second quarter was 31.8% (26.5). The income tax rate was higher, partially due to tax on internal dividends.

Laundry

Group common cost

Group common cost was SEK –44m (–45).

Sales and EBITA margin

Development during the year, January–June 2025

Net sales

Net sales for the first six months amounted to SEK 6,268m (6,323), a decrease of 0.9% compared to the same period last year. Organically, sales increased by 1.0%. The acquisition of Adventys contributed by 0.4%. Currency had an effect of –2.3%.

Sales in Food & Beverage increased organically by approximately 1%, and sales of Laundry were flat. Organically, sales in Europe were flat, and increased by approximately 4% in Americas, but declined by approximately 1% in Asia-Pacific, Middle East and Africa.

Changes in net sales, %	Jan–Jun 2025	Jan–Jun 2024
Organic growth*	1.0	–2.5
Acquisitions*	0.4	6.9
Divestments*	–	–
Changes in exchange rates	–2.3	–1.2
Total	–0.9	3.3

*) Alternative performance measures used in this report are explained on pages 23–24.

Operating income and EBITA

Operating income excluding amortization of intangible assets (EBITA) amounted to SEK 755m (736), corresponding to a margin of 12.1% (11.6). Currency had a negative effect on the EBITA margin. The corresponding period of last year was burdened by integration related costs of SEK 45m.

Operating income amounted to SEK 645m (624), corresponding to a margin of 10.3% (9.9).

Financial net

Net financial items amounted to SEK –43m (–73). The finance net is lower due to lower debt and currency impact.

Income for the period

Income for the first six months amounted to SEK 416m (401), corresponding to SEK 1.45 (1.40) in earnings per share. Income tax for the period amounted to SEK –187m (–149). The tax rate for the first six months was 31.0% (27.1). The income tax was higher, partially due to tax on internal dividends.

Group common cost

Group common cost was SEK –80m (–85).

In the second quarter, Food & Beverage sales were SEK 1,987m (2,041), a decrease of 2.7% compared to the same period last year. Organically, sales increased by 3.3%, the acquisition of Adventys contributed by 0.3%, and currency had an effect of –6.2%. Sales increased in Americas by approximately 8%, by 13% in Asia-Pacific, Middle East and Africa (APMEA), but declined by

approximately 1% in Europe. The increase in sales in Americas was driven by continued sales growth to chains, but also sales growth to institutions. The sales increase in APMEA is particularly strong in the Middle East that has returned to growth. The sales decline in Europe is against a very strong development in South Europe in the corresponding quarter of last year, but also lower sales in Beverage.

Operating income excluding amortization of intangible assets (EBITA) amounted to SEK 232m (252), corresponding to a margin of 11.7% (12.3). The decline in EBITA is due to country mix, lower sales of Beverage, and higher operational costs.

Operating income amounted to SEK 193m (211), corresponding to a margin of 9.7% (10.3).

SEKm	Apr–Jun 2025	Apr–Jun 2024	Change, %	Jan–Jun 2025	Jan–Jun 2024	Change, %	Full-year 2024
Net sales	1,987	2,041	–2.7	3,846	3,893	–1.2	7,585
Organic growth, %	3.3	–4.3		1.1	–3.9		–2.7
Acquisitions, %	0.3	2.8		0.7	2.9		3.3
Changes in exchange rates, %	–6.2	–1.7		–3.0	–1.3		–1.0
EBITA	232	252	–7.8	421	453	–7.0	808
EBITA margin, %	11.7	12.3		11.0	11.6		10.6
Operating income	193	211	–8.2	338	372	–9.2	637
Operating margin, %	9.7	10.3		8.8	9.6		8.4

In the second quarter, Laundry sales were SEK 1,208m (1,227), a decrease by 1.6% compared to the same period last year. Organically, sales increased by 1.0%, and currency had an impact of –2.6%.

Sales increased organically by approximately 9% in Americas, but declined by 1% in Europe, and were flat in Asia-Pacific, Middle East and Africa. Sales in the US were down at the beginning of the quarter due to uncertainty about tariffs but improved towards the end of the quarter

Operating income excluding amortization of intangible assets (EBITA) amounted to SEK 204m (203), corresponding to a margin of 16.9% (16.5).

Operating income amounted to SEK 190m (187), corresponding to a margin of 15.8% (15.2). EBITA margin improved despite a significant negative impact from currency. The impact from currency is equivalent to 2.5% in EBITA margin.

SEKm	Apr–Jun 2025	Apr–Jun 2024	Change, %	Jan–Jun 2025	Jan–Jun 2024	Change, %	Full-year 2024
Net sales	1,208	1,227	–1.6	2,422	2,430	–0.3	4,998
Organic growth, %	1.0	6.7		1.0	0.3		4.5
Acquisitions, %	–	12.1		–	14.4		14.2
Changes in exchange rates, %	–2.6	–1.4		–1.3	–0.8		–0.6
EBITA	204	203	0.5	414	367	12.6	811
EBITA margin, %	16.9	16.5		17.1	15.1		16.2
Operating income	190	187	1.8	387	337	15.0	752
Operating margin, %	15.8	15.2		16.0	13.8		15.0

Net sales, EBITA and operating income by segment

SEKm	Apr–Jun 2025	Apr–Jun 2024	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Food & Beverage
Net sales	1,987	2,041	3,846	3,893	7,585
EBITA	232	252	421	453	808
Amortization	–39	–41	–83	–81	–170
Operating income	193	211	338	372	637
Laundry
Net sales	1,208	1,227	2,422	2,430	4,998
EBITA	204	203	414	367	811
Amortization	–13	–16	–27	–31	–59
Operating income	190	187	387	337	752
Group common costs
EBITA	–44	–45	–80	–85	–158
Amortization	–0	–0	0	–0	–1
Operating income	–44	–45	–80	–85	–159
Total Group
Net sales	3,195	3,268	6,268	6,323	12,583
EBITA	392	410	755	736	1,461
Amortization	–53	–57	–110	–112	–230
Operating income	340	353	645	624	1,231
Financial items, net	–22	–40	–43	–73	–133
Income after financial items	318	313	603	550	1,097
Taxes	–101	–83	–187	–149	–295
Income for the period	217	230	416	401	803

Cash flow

Operating cash flow after investments amounted to SEK 305m (392). Account receivables and accounts payables had a negative effect while inventory contributed positively.

Operating cash flow after investments

SEKm	Apr–Jun 2025	Apr–Jun 2024	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Operating income	340	353	645	624	1,231
Depreciation	78	83	160	162	333
Amortization	53	57	110	112	230
Other non-cash items	10	8	8	–0	21
Operating income adjusted for non-cash items	480	502	923	897	1,815
Change in inventories	41	–48	–136	–75	60
Change in trade receivables	–194	–125	–253	–274	0
Change in trade payables	–24	124	25	254	133
Change in other operating assets, liabilities and provisions	76	16	47	–122	–148
Operating cash flow	379	468	606	681	1,860
Investments in tangible and intangible assets	–73	–76	–122	–106	–316
Changes in other investments	–1	1	–4	1	4
Operating cash flow after investments	305	392	479	576	1,548

Operating working capital

Operating working capital as percentage of sales

Operating working capital as percentage of rolling 12 months net sales amounted to 15.9% in the second quarter compared to 17.4% in the same period of 2024.

End of period Operating working capital as percentage of annualized latest 3 months net sales

Financial position

Net debt

As of June 30, 2025, Electrolux Professional Group had a financial net debt position (excluding lease liabilities and postemployment provisions) of SEK 1,956m compared to SEK 2,090m as of December 31, 2024. Lease liabilities amounted to SEK 302m and net provisions for post-employment benefits amounted to SEK 19m.

In total, net debt amounted to SEK 2,277m as of June 30, 2025, compared to SEK 2,481m as of December 31, 2024. Long-term borrowings amounted to SEK 2,272m. Short term borrowings amounted to SEK 617m. Total borrowings amounted to SEK 2,888m compared to SEK 2,968m as of December 31, 2024.

Net debt

SEKm	June 30, 2025	June 30, 2024	December 31, 2024
Short-term loans	435	573	383
Short-term part of long-term loans	149	851	153
Short-term borrowings	584	1,425	535
Financial derivative liabilities	19	24	51
Accrued interest expenses and prepaid interest income	14	28	23
Total short-term borrowings	617	1,476	610
Total long-term borrowings	2,272	2,030	2,358
Total borrowings¹	2,888	3,506	2,968
Cash and cash equivalents	766	731	794
Liquid funds	766	731	794
Financial derivative assets	165	182	82
Prepaid interest expenses and accrued interest income	2	2	2
Liquid funds and other	933	914	878
Financial net debt (total borrowings less liquid funds and other)	1,956	2,593	2,090
Lease liabilities	302	376	362
Net provisions for post-employment benefits	19	138	29
Net debt*	2,277	3,106	2,481
Net debt/EBITDA ratio*	1.3	1.9	1.4
EBITDA*, 2	1,811	1,625	1,794

Liquid funds as of June 30, 2025, amounted to SEK 933m compared to SEK 878m as of December 31, 2024.

Changes in credit facilities and loans

As of June 30, 2025, the Group had SEK 1,300m issued under its SEK 5,000m MTN programme, and issuances under the Group's SEK 2,000m commercial paper programme were SEK 420m. During the quarter, the Group amortized EUR 6.7m on its Group's sustainability linked loan. At the end of the quarter, the Group's revolving credit facility of EUR 200m was unutilized. None of the loans and credit facilities contain any financial covenants.

*) Alternative performance measures used in this report are explained on pages 23–24. 1) Whereof interest-bearing liabilities amounting to SEK 2,855m as of June 30, 2025, SEK 3,455m as of June 30, 2024 and SEK 2,894m as of December 31, 2024.

2) Rolling four quarters.

Parent Company

The Parent Company's activities include head office as well as production and sales in and from Sweden.

Net sales and financial position for the Parent Company,

Net sales for the Parent Company, Electrolux Professional AB, for the period from January 1 to June 30, 2025 amounted to SEK 1,617m (1,566) of which SEK 654m (644) referred to sales to Group Companies and SEK 963m (922) to external customers. Income after financial items was SEK 549m (324). Income for the period amounted to SEK 538m (265).

Capital expenditure in tangible and intangible assets was SEK 52m (11).

Cash and cash equivalents at the end of the period amounted to SEK 626m, as against SEK 616m in the beginning of the year.

Undistributed earnings in the Parent Company at the end of the period amounted to SEK 7,448m, as against SEK 7,176m at the beginning of the year.

During the second quarter 2025, Electrolux Professional AB has received internal dividends of 565m (43).

On May 14, 2025, Electrolux Professional AB paid a dividend of SEK 244m to its shareholders.

The income statement and balance sheet for the Parent Company are presented on page 19.

Risk and uncertainty factors

Electrolux Professional Group is an international group with a wide geographic spread and is thus exposed to a number of business and financial risks. Risk management in Electrolux Professional Group aims to identify, control and reduce risks. The risk factors are described in the Annual Report and consists of strategic risks, operational risks, industry risks, sustainability risks and financial risks. Compared to the Annual Report, which was issued on April 2, 2025, and the subsequent frequent announcements by the US administration on tariffs, it is possible that any new reciprocal tariffs on imports into the United States and its impact on the global economy, could have an adverse impact on the Group's business and financial position.

Other disclosures

Conversion of shares

According to Electrolux Professional's articles of association, owners of A-shares have the right to have such shares converted to B-shares. Conversion reduces the total number of votes in the Company. 1,995 shares were converted in the second quarter. The total number of registered shares in the company on June 30, 2025, amounted to 287,397,450 of which 8,027,342 are Series A and 279,370,108 are Series B. The total number of votes amounted to 35,964,352.8.

Employees

The number of employees at the end of the quarter was 4,307 (4,365).

Events after the balance sheet day

After the end of the reporting period, no significant events have taken place that could affect the company's operations.

Annual General Meeting 2025

Electrolux Professional's Annual General Meeting was held on May 7, 2025, in Stockholm. The shareholders were also able to exercise their voting rights by advance postal voting. The parent company's and the Group's income statements, and balance sheets were adopted, and it was resolved that a dividend of SEK 0.85 per share should be distributed for the financial year 2024. All members of the Board of Directors were re-elected, except Lorna Donatone who had chosen to decline re-election, and Shannon Garcia was elected as new member of the Board of Directors. Deloitte AB was re-elected as auditor for a period until next Annual General Meeting. A performance-based, long term share program for 2025 including hedging measures related thereto was approved, with similar conditions to previous year.

The Board of Directors and the President and CEO certify that the interim report gives a true and fair overview of the Parent Company Electrolux Professional AB and the Group's operations, their financial position and results of operations and describes significant risks and uncertainties facing the Parent Company and other companies in the Group.

Stockholm July 22, 2025

Electrolux Professional AB (publ)

Kai Wärn Chairman of the Board

Katharine Clark Board member

Shannon Garcia Board member

Josef Matosevic Board member

Hans Ola Meyer Board member

Daniel Nodhäll Board member

Joachim Nord Board member, Employee representative

Jens Pierard Board member, Employee representative

Martine Snels Board member Carsten Voigtländer Board member

Alberto Zanata President and CEO

This is a translation of the Swedish language original. In the event of any differences between this translation and the Swedish language original, the latter shall prevail.

Review Report

Introduction

We have reviewed the interim report for Electrolux Professional AB (publ) for the period January 1 – June 30, 2025. The Board of Directors and the CEO are responsible for the preparation and presentation of this interim report in accordance with IAS 34 and the 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 Information 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 has a different focus and is substantially less in scope than an audit conducted in accordance with ISA and other generally accepted auditing practices. The procedures performed in a review do not enable us to obtain a level of assurance that would make us aware of all significant matters that might be identified in an audit. Therefore, the conclusion expressed based on a review does not give the same level of assurance as a conclusion expressed based on an audit.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the interim report is not, in all material respects, prepared for the Group in accordance with IAS 34 and the Annual Accounts Act, and for the Parent Company in accordance with the Annual Accounts Act.

Stockholm, 22 July 2025

Deloitte AB

Jonas Ståhlberg

Authorized Public Accountant

Dito Sama

Celebrating eight decades of culinary innovation

This year marks the 80th anniversary of Dito Sama, a brand renowned for high-quality food preparation equipment since its establishment in 1945 in France.

The brand has evolved from hand-operated slicers to a wide range of practical solutions for kitchen operations.

In 1987, Dito Sama joined the Group, enhancing its global presence while maintaining its French roots.

Dito Sama offers an array of equipment, including mixers and vegetable slicers, focusing on innovation to meet the needs of food professionals.

Sustainability EcoVadis Gold rating

Electrolux Professional Group has received the EcoVadis Gold Sustainability Rating 2025, placing the company in the top 5% of assessed companies globally.

This recognition underscores our dedication to sustainable practices in environmental, social, and ethical areas, validating our responsible business efforts.

The gold medal reflects our commitment to excellence and strengthens our position as a preferred supplier in the hospitality sector.

Financial reports

Consolidated statement of total comprehensive income

SEKm	Apr–Jun 2025	Apr–Jun 2024	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Net sales	3,195	3,268	6,268	6,323	12,583
Cost of goods sold	–2 082	–2,117	–4,050	–4,118	–8,261
Gross operating income	1,113	1,151	2,219	2,205	4,322
Selling expenses	–524	–532	–1,077	–1,036	–2,049
Administrative expenses	–250	–264	–499	–543	–1,040
Other operating income/expenses	1	–3	2	–3	–3
Operating income	340	353	645	624	1 231
Financial income¹	163	215	396	301	515
Financial expenses²	–184	–255	–438	–374	–649
Financial items, net	–22	–40	–43	–73	–133
Income after financial items	318	313	603	550	1,097
Taxes	–101	–83	–187	–149	–295
Income for the period	217	230	416	401	803
Items that will not be reclassified to income for the period:
Remeasurement of provisions for post-employment benefits	1	3	7	0	106
Income tax relating to items that will not be reclassified	0	–1	–2	–0	–13
Total	1	2	5	–0	93

SEKm	Apr–Jun 2025	Apr–Jun 2024	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Items that may be subsequently reclassified to income for the period:
Cash flow hedges	–7	–3	–6	4	2
Net investment hedges	18	63	62	61	2
Exchange-rate differences on translation of foreign operations	–59	–123	–555	102	329
Cost of hedging	8	10	8	25	35
Income tax relating to items that may be reclassified	9	–13	24	–33	–32
Total	–32	–67	–466	159	336
Other comprehensive income, net of tax	–31	–64	–461	159	429
Total comprehensive income for the period	186	166	–45	561	1,231
Income for the period attributable to:
Equity holders of the Parent Company	217	230	416	401	803
Total	217	230	416	401	803
Total comprehensive income for the period attributable to:
Equity holders of the Parent Company	186	166	–45	561	1,231
Total	186	166	–45	561	1,231
For income attributable to the equity holders of the Parent Company:
Basic, SEK	0.75	0.80	1.45	1.40	2.79
Diluted, SEK	0.75	0.80	1.45	1.40	2.79
Average number of shares
Basic, million	287.4	287.4	287.4	287.4	287.4
Diluted, million	287.4	287.4	287.4	287.4	287.4

1) Includes realized and unrealized FX gains of SEK 135m (178) Apr-Jun 2025, SEK 330m (240) Jan-Jun 2025, and SEK 391m Full-year 2024.

2) Includes realized and unrealized FX losses of SEK –129m (–178) Apr-Jun 2025, SEK –310m (–239) Jan-Jun 2025, and SEK –387m Full-year 2024.

Consolidated balance sheet

SEKm	June 30, 2025	June 30, 2024	December 31, 2024
ASSETS
Non-current assets
Property, plant and equipment, owned	1,715	1,673	1,810
Property, plant and equipment, right-of-use	290	363	348
Goodwill	4,128	4,391	4,552
Other intangible assets	1,254	1,485	1,457
Deferred tax assets	356	489	404
Pension plan assets	116	4	116
Other non-current assets	98	37	104
Total non-current assets	7,958	8,442	8,791
Current assets
Inventories	1,921	1,998	1,899
Trade receivables	2,273	2,419	2,117
Tax assets	158	74	72
Other current assets	443	504	401
Cash and cash equivalents	766	731	794
Total current assets	5,561	5,725	5,285
Total assets	13,519	14,167	14,075

SEKm	June 30, 2025	June 30, 2024	December 31, 2024
EQUITY AND LIABILITIES
Equity attributable to equity holders of the Parent Company
Share capital	29	29	29
Other paid-in capital	5	5	5
Other reserves	247	537	713
Retained earnings	5,117	4,443	4,950
Equity attributable to equity holders of the Parent Company	5,397	5,014	5,697
Total equity	5,397	5,014	5,697
Non-current liabilities
Long-term borrowings	2,272	2,030	2,358
Long-term lease liabilities	185	243	227
Deferred tax liabilities	283	291	308
Provisions for post-employment benefits	136	141	145
Other provisions and liabilities	282	314	331
Total non-current liabilities	3,157	3,020	3,368
Current liabilities
Trade payables	2,110	2,245	2,172
Tax liabilities	339	453	279
Other liabilities	1,696	1,739	1,764
Short-term borrowings	584	1,425	535
Short-term lease liabilities	117	133	135
Other provisions	118	140	125
Total current liabilities	4,964	6,133	5,010
Total equity and liabilities	13,519	14,167	14,075

Change in consolidated equity

SEKm	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Opening balance	5,697	4,705	4,705
Total comprehensive income for the period	–45	561	1 231
Share-based incentive program	–1	–7	6
Equity swap for share-based incentive program	–9	–15	–15
Dividend to shareholders of the Parent Company	–244	–230	–230
Total transactions with equity holders	–254	–251	–239
Closing balance	5,397	5,014	5,697

Consolidated cash flow statement

SEKm	Apr–Jun 2025	Apr–Jun 2024	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Operations
Operating income	340	353	645	624	1,231
Depreciation and amortization	131	140	270	274	563
Other non-cash items	10	8	8	–0	21
Financial items paid, net¹	–24	–48	–42	–59	–122
Taxes paid	–66	–63	–178	–105	–333
Cash flow from operations, excluding change in operating assets and liabilities	390	391	703	733	1,360
Change in operating assets and liabilities
Change in inventories	41	–48	–136	–75	60
Change in trade receivables	–194	–125	–253	–274	0
Change in trade payables	–24	124	25	254	133
Change in other operating assets, liabilities and provisions	76	16	47	–122	–148
Cash flow from change in operating assets and liabilities	–101	–34	–317	–217	45
Cash flow from operations	289	357	386	517	1,405
Investment activities
Acquisition of operations	–	–240	–	–1,142	–1,142
Capital expenditure in property, plant and equipment	–54	–69	–90	–93	–275
Capital expenditure in product development	–6	–1	–11	–3	–9
Capital expenditure in other intangibles	–13	–6	–22	–10	–31
Other	–1	1	–4	1	4
Cash flow from investment activities	–74	–315	–127	–1,247	–1,454
Cash flow from operations and investments activities	215	42	260	–731	–49

SEKm	Apr–Jun 2025	Apr–Jun 2024	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Financing
Change in short-term borrowings, net²	141	84	111	–208	–459
New long-term borrowings	–	–	–	2,500	2,900
Amortization of long-term borrowings	–64	9	–64	–1,478	–2,182
Payment of lease liabilities	–31	–33	–64	–64	–134
Dividend	–244	–230	–244	–230	–230
Equity swap for share-based incentive program	–9	–15	–9	–15	–15
Cash flow from financing	–208	–184	–271	506	–120
Total cash flow	7	–142	–11	–225	–169
Cash and cash equivalents at beginning of period	764	877	794	959	959
Exchange-rate differences pertaining to cash and cash equivalents	–5	–5	–17	–3	4
Cash and cash equivalents at end of period	766	731	766	731	794

1) For the period January 1 to June 30: interest and similar items received SEK 19m (41), interest and similar items paid SEK –58m (–86) and other financial items received/paid SEK 5m (–6). Interest paid for lease liabilities SEK –8m (–8).

2) Of which short-term loans with a duration of more than 3 months for the period January 1 to June 30 new loans SEK 297m (–), repaid loans SEK –m (–).

Quarterly data

SEKm	Q2 2025	Q1 2025	Full year 2024	Q4 2024	Q3 2024	Q2 2024	Q1 2024
Food & Beverage
Net sales	1,987	1,859	7,585	1,913	1,778	2,041	1,852
EBITA	232	189	808	183	171	252	201
EBITA margin, %	11.7	10.2	10.6	9.6	9.6	12.3	10.9
Amortization	–39	–44	–170	–46	–43	–41	–39
Operating income	193	145	637	137	128	211	162
Operating margin, %	9.7	7.8	8.4	7.2	7.2	10.3	8.7
Laundry
Net sales	1,208	1,214	4,998	1,416	1,152	1,227	1,203
EBITA	204	210	811	255	189	203	165
EBITA margin, %	16.9	17.3	16.2	18.0	16.4	16.5	13.7
Amortization	–13	–14	–59	–14	–14	–16	–15
Operating income	190	196	752	241	175	187	150
Operating margin, %	15.8	16.2	15.0	17.0	15.2	15.2	12.4
Group common costs	–44	–36	–159	–39	–35	–45	–40
Total Group
Net sales	3,195	3,073	12,583	3,329	2,931	3,268	3,055
EBITA	392	363	1,461	400	325	410	326
EBITA margin, %	12.3	11.8	11.6	12.0	11.1	12.5	10.7
Amortization	–53	–58	–230	–60	–58	–57	–55
Operating income	340	306	1,231	339	268	353	271
Operating margin, %	10.6	9.9	9.8	10.2	9.1	10.8	8.9
Financial items, net	–22	–21	–133	–31	–29	–40	–33
Income after financial items	318	285	1,097	308	239	313	237
Income for the period	217	199	803	215	187	230	171
Earnings per share, SEK¹	0.75	0.69	2.79	0.75	0.65	0.80	0.60

1) Basic number of outstanding shares.

Alternative performance measures key figures Exchange rates

SEKm	Apr–Jun 2025	Apr–Jun 2024	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Net sales	3,195	3,268	6,268	6,323	12,583
Organic growth, %*	2.4	–0.7	1.0	–2.5	–0.1
EBITA*	392	410	755	736	1,461
EBITA margin, %*	12.3	12.5	12.1	11.6	11.6
EBITA excl. items affecting comparability*, ¹	392	410	755	736	1,461
EBITA margin excl. items affecting comparability, %*, ¹	12.3	12.5	12.1	11.6	11.6
Operating income*	340	353	645	624	1,231
Operating margin, %*	10.6	10.8	10.3	9.9	9.8
Operating income excl. items affecting comparability*, ¹	340	353	645	624	1,231
Operating margin excl. items affecting comparability, %*, ¹	10.6	10.8	10.3	9.9	9.8
Income after financial items	318	313	603	550	1,097
Income for the period	217	230	416	401	803
Capital expenditure*	–73	–76	–122	–106	–316
Operating cash flow after investments*	305	392	479	576	1,548
Earnings per share, SEK²	0.75	0.80	1.45	1.40	2.79
Net debt*	n/a	n/a	2,277	3,106	2,481
EBITDA*, ³	n/a	n/a	1,811	1,625	1,794
Net debt/EBITDA ratio*	n/a	n/a	1.3	1.9	1.4
Operating working capital % of net sales*	n/a	n/a	15.9	17.4	16.4
Return on net assets, %*	n/a	n/a	15.6	15.5	15.1
End of period operating working capital, % of annualized net sales	n/a	n/a	16.3	16.7	13.8
Average number of shares, million²	287.4	287.4	287.4	287.4	287.4
Number of employees, end of period	4,307	4,365	4,307	4,365	4,317

SEK	June 30, 2025			June 30, 2024		December 31, 2024
Exchange rate	Average	End of period	Average	End of period	Average	End of period
CNY	1.40	1.33	1.46	1.46	1.47	1.51
CZK	0.4438	0.4504	0.4547	0.4539	0.4547	0.4550
DKK	1.49	1.49	1.53	1.52	1.53	1.54
EUR	11.10	11.15	11.38	11.36	11.42	11.46
GBP	13.17	13.03	13.30	13.42	13.49	13.82
JPY	0.0684	0.0659	0.0691	0.0661	0.0699	0.0703
NOK	0.95	0.94	0.99	1.00	0.98	0.97
CHF	11.79	11.93	11.86	11.79	12.01	12.17
THB	0.3030	0.2924	0.2909	0.2889	0.3006	0.3212
TRY	0.2700	0.2394	0.3331	0.3228	0.3222	0.3119
USD	10.15	9.51	10.51	10.61	10.56	11.03

Shares

Number of shares	A-shares	B-shares	Shares total
Number of shares as of beginning of the year	8,029,337	279,368,113	287,397,450
Conversion of shares	–1,995	1,995	–
Number of shares as of end of period	8,027,342	279,370,108	287,397,450

*) Alternative performance measures used in this report are explained on pages 23–24.

1) For information on items affecting comparability, see page 22.

2) Basic numbers of outstanding shares.

3) Rolling four quarters.

Condensed Parent company income statement

Condensed Parent company balance sheet

SEKm	Apr–Jun 2025	Apr–Jun 2024	Jan–Jun 2025	Jan–Jun 2024	Full-year 2024
Net sales	832	818	1,617	1,566	3,346
Cost of goods sold	–609	–574	–1,177	–1,107	–2,275
Gross operating income	223	244	440	459	1,071
Selling expenses	–101	–113	–217	–223	–448
Administrative expenses	–70	–68	–138	–137	–240
Other operating income/expenses	–9	–	–6	1	2
Operating income	43	63	79	100	385
Financial income/expenses	503	104	470	228	369
Impairment of shares in subsidiaries	–	–5	–	–4	–1
Income after financial items	546	162	549	324	753
Appropriations	–	–	–	–	15
Income before taxes	546	162	549	324	768
Taxes	–8	–32	–11	–59	–123
Income for the period	538	130	538	265	645

SEKm	June 30, 2025	June 30, 2024	Full-year 2024
ASSETS
Non-current assets	9,450	9,645	9,750
Current assets	3,083	2,900	3,032
Total assets	12,533	12,545	12,782
EQUITY AND LIABILITIES
Restricted equity	48	37	38
Non–restricted equity	7,448	6,778	7,176
Total equity	7,496	6,815	7,214
Untaxed reserves	76	88	76
Provisions	117	117	123
Non–current liabilities	2,272	2,030	2,358
Current liabilities	2,572	3,495	3,011
Total equity and liabilities	12,533	12,545	12,782

Notes

Electrolux Professional Group applies International Financial Reporting Standards (IFRS) as adopted by the European Union. This report has been prepared in accordance with IAS 34, Interim Financial Reporting.

The Group's interim reports contain a condensed set of financial statements. For the Group this chiefly means that the disclosures are limited compared to the annual report. Enumerated amounts presented in tables and statements may not always agree with the calculated sum of the related line items due to rounding differences. The aim is for each line item to agree with its source and therefore there may be rounding differences affecting the total when adding up the presented line items.

The accounting principles adopted in the preparation of this interim report apply to all periods and comply with the accounting principles presented in the Group's Annual Report 2024.

For the Parent Company financial statements in general are presented in condensed versions and with limited disclosures compared to the annual report. The interim financial statements of Electrolux Professional AB have been prepared in accordance with the Swedish Annual Accounts Act chapter 9.

The most recent annual financial statements of Electrolux Professional AB have been prepared in compliance with the Swedish Annual Accounts Act (1995:1554) and recommendation RFR2, Accounting for legal entities of the Swedish Financial Reporting Board.

Reportable segments

Food & Beverage and Laundry represent the Group's reportable segments.

Note 1 ACCOUNTING PRINCIPLES Note 2 DISAGGREGATION OF REVENUE

Revenue from sales of products is recognized at a point in time, when control of the products has transferred. Revenue from services related to installation of products, repairs or maintenance service is recognized over the time the service is provided. Sales of these services are not material in relation to the Group's total net sales.

Geography is considered to be an important attribute when disaggregating the reportable segment's revenue. Therefore, the table below presents net sales per geographical region based on the location of the end customer.

	Apr–Jun 2025			Apr–Jun 2024
	Food &			Food &
SEKm	Beverage	Laundry	Total	Beverage	Laundry	Total
Geographical region
Europe	1,165	710	1,875	1,234	741	1,975
Asia Pacific, Middle East and Africa	238	268	507	219	275	494
Americas	584	229	813	588	211	799
Total	1,987	1,208	3,195	2,041	1,227	3,268

		Jan–Jun 2025		Jan–Jun 2024
	Food &			Food &
SEKm	Beverage	Laundry	Total	Beverage	Laundry	Total
Geographical region
Europe	2,221	1,491	3,712	2,315	1,458	3,774
Asia Pacific, Middle East and Africa	465	580	1,045	448	620	1,068
Americas	1,161	351	1,511	1,130	352	1,482
Total	3,846	2,422	6,268	3,893	2,430	6,323

Note 3 FAIR VALUES AND CARRYING AMOUNTS OF FINANCIAL ASSETS AND LIABILITIES

The Group strives for arranging master-netting agreements (ISDA) with the counterparts for derivative transactions and has established such agreements with the majority of the counterparties, i.e., if a counterparty will default, assets and liabilities will be netted. Derivative assets and liabilities are presented gross in the balance sheet.

Fair value estimation

Valuation of financial instruments at fair value is done at quoted market prices. Level 1 instruments quoted on the market, e.g., the major bond and interest-rate future markets, are all marked-to market with the current price. The foreign-exchange spot rate is

used to convert the value into SEK. For level 2 instruments where no observable price is available on the market, cash flows are discounted using the deposit/swap curve of the cash flow currency. If no proper cash flow schedule is available, e.g., as in the case with forward-rate agreements, the underlying schedule is used for valuation purposes.

To the extent option instruments are used, the valuation is based on the Black & Scholes formula.

The carrying value less impairment provision of trade receivables and payables are assumed to approximate their fair values. The fair value of financial liabilities is estimated by discounting the future contractual cash flows at the current market interest rate. The Group's financial assets and liabilities are measured according to the following hierarchy:

• Level 1: Quoted prices in active markets for identical assets or liabilities.
• Level 2: Inputs other than quoted prices included in Level 1 that are observable for assets or liabilities either directly or indirectly.
• Level 3: Inputs for the assets or liabilities that are not entirely based on observable market data.

		June 30, 2025		June 30, 2024		December 31 ,2024
SEKm	Hierarchy level	Fair value	Carrying amount	Fair value	Carrying amount	Fair value	Carrying amount
Per category
Financial assets at fair value through profit and loss	3	5	5	13	13	14	14
Financial assets measured at amortized cost		3,039	3,039	3,149	3,149	2,912	2,912
Derivatives, financial assets at fair value through profit and loss	2	168	168	182	182	85	85
Total financial assets		3,211	3,211	3,344	3,344	3,010	3,010
Financial liabilities measured at amortized cost		4,995	4,966	5,477	5,700	5,149	5,065
Derivatives, financial liabilities at fair value through profit and loss	2	20	20	24	24	53	53
Total financial liabilities		5,015	4,986	5,501	5,723	5,202	5,118

Note 4 CONTINGENT LIABILITIES

SEKm	June 30, 2025	June 30, 2024	December 31, 2024
Group
Guarantees and other commitments	11	11	11

Note 5 ACQUIRED OPERATIONS

Acquisitions in 2025

No acquisitions during the second quarter.

Acquisitions in 2024

For acquisitions, see note 5 in the interim report for the second quarter and note 25 in the annual report.

Operations by segment yearly Five year overview

SEKm	2020	2021	2022	2023	2024
Food & Beverage
Net sales	4,198	4,704	7,290	7,616	7,585
EBITA*	87	299	679	766	808
EBITA, %*	2.1	6.4	9.3	10.1	10.6
Operating income*	35	244	542	620	637
Operating margin, %*	0.8	5.2	7.4	8.1	8.4
Laundry
Net sales	3,065	3,159	3,747	4,231	4,998
EBITA	467	492	608	702	811
EBITA, %	15.2	15.6	16.2	16.6	16.2
Operating income	452	475	590	686	752
Operating margin, %	14.7	15.0	15.7	16.2	15.0
Group shared cost
Operating income*	–100	–128	–177	–152	–159
Total Group
Net sales	7,263	7,862	11,037	11,848	12,583
EBITA	456	663	1,111	1,317	1,461
EBITA, %	6.3	8.4	10.1	11.1	11.6
Operating income	387	592	955	1,154	1,231
Operating margin, %	5.3	7.5	8.7	9.7	9.8

Net sales	7,263	7,862	11,037	11,848	12,583
Organic growth, %	–21.0	10.6	16.9	2.6	–0.1
EBITA	456	663	1,111	1,317	1,461
EBITA, %	6.3	8.4	10.1	11.1	11.6
Operating income	387	592	955	1,154	1,231
Operating margin, %	5.3	7.5	8.7	9.7	9.8
Income after financial items	363	587	895	1,033	1,097
Income for the period	278	487	686	775	803
Items affecting comparability	–77	–	–35	–	–
Capital expenditure	–273	–159	–139	–191	–316
Operating cash flow after investments	570	1 116	636	1,453	1,548
Earnings per share, SEK¹	0.97	1.69	2.39	2.70	2.79
Dividend per share, SEK	–	0.50	0.70	0.80	0.85
Net debt	549	1,705	2,050	1,390	2,481
EBITDA	684	886	1,369	1,581	1,794
Net debt/EBITDA ratio	0.8	1.9	1.5	0.9	1.4
Operating working capital % of net sales²	19.9	14.9	16.7	18.1	16.4
Average number of shares, million	287.4	287.4	287.4	287.4	287.4
Number of employees, end of period	3,515	3,973	4,022	3,978	4,317

SEKm, if not otherwise stated 2020 2021 2022 2023 2024

*) Alternative performance measure.

1) Basic number of outstanding shares

2) Last twelve months currency adjusted

Items affecting comparability yearly

SEKm	2020²	2021	2022¹	2023	2024
Food & Beverage	–55	–	–16	–	–
Laundry	–22	–	–19	–	–
Total Group	–77	–	–35	–	–

1) Costs related to divesting the operation in Russia, included in the line item other operating income and expenses.

2) Items affecting comparability relates to restructuring charges for efficiency measures.

Definitions and reconciliation of alternative performance measures

Electrolux Professional Group presents certain measures that are not defined under IFRS (alternative performance measures – "APMs"). These are used by management to assess the financial and operational performance of the Group. Management believes that these APMs provide useful information regarding the Group's

financial and operating performance. Such measures may not be comparable to similar measures presented by other companies. Consequently, APMs have limitations as analytical tools and should not be considered in isolation or as a substitute for related financial measures prepared in accordance with IFRS. The APMs have been

derived from the Group's internal reporting and are not audited. The APM reconciliations can be found on the Group's website www.electroluxprofessionalgroup.com/reports-and-presentations/

APM	Definition	Reason for use
Organic growth %	Change in sales growth excluding net FX impact and acquisitions.	The Group's presentation currency is SEK while net sales are mainly in other currencies. Organic growth is dependent on fluctuations in SEK versus other currencies, and acquired or divested businesses can have a further impact on reported net sales. Organic growth adjusted for acquisitions, divest ments and currency shows the underlying sales development without these parameters.
Acquisitions %	Change in net sales during the current period attributable to ac quired operations in relation to prior year sales, following a period of 12 months commencing on the acquisition date.	See "Organic growth" above.
Divestments %	Change in net sales during the current period attributable to divested operations in relation to the prior period's sales, following a period of 12 months commencing on the divestment date.	See "Organic growth" above.
Operating income (EBIT)	Earnings before interest and tax.	Used as an indicator that shows the Group's ability to make a profit, regardless of the method of financing (determines the optimal use of debt versus equity).
Operating margin (EBIT margin)	Operating income expressed as a percentage of net sales.	Operating margin shows the operating income as a percentage of net sales. Operating margin is a key internal measure as the Group believes it provides users of the financial statements with a better understanding of the Group's financial performance both short and long term.
Items affecting comparability	Material profit or loss items such as capital gains and losses from divestments of product groups or major units, close-downs or significant down-sizing of major units or activities, significant im pairment, and other major costs or income items.	Summarizes events and transactions with significant effects, which are rele vant for understanding the financial performance when comparing income for the current period with previous periods.
Operating margin excluding items affecting comparability	Operating income less items affecting comparability as a percent age of net sales.	Operating margin excluding items affecting comparability shows the oper ating income as a percentage of net sales adjusted for the items affecting comparability defined above. This is a key internal measure as the Group believes that it provides users of the financial statements with a better un derstanding of the Group's financial performance both short and long term.
Capital expenditure	Investments in property, plant and equipment, product develop ment, and other intangible assets.	Used to ensure that cash spending is in line with the Group's overall strategy for the use of cash.

APM	Definition	Reason for use
EBITA	Operating income less amortization and write-down related to intangible assets (excluding right-of-use assets).	EBITA gives an indication of the operating income less amortization and write-down related to intangible assets (excluding right-of-use assets), mainly used to follow up operating income without the impact of amortiza tion of surplus values related to acquisitions.
EBITA margin	EBITA expressed as a percentage of net sales.	Used to evaluate business performance in relation to net sales in order to measure the efficiency of the Group.
EBITA excluding items affecting comparability	Operating income less amortization and write-down related to intangible assets (excluding right-of-use assets) and less items affecting comparability.	Items affecting comparability vary between years and periods and are excluded from EBITA in order to analyze trends.
EBITA margin excluding items affecting comparability	EBITA excluding items affecting comparability, expressed as a percentage of net sales.	Items affecting comparability vary between years and periods and are excluded from EBITA margin in order to analyze trends.
EBITDA	EBITA less depreciation.	This is an indicator of the cash-generating capacity of the business in relation to sales.
Operating cash flow after investments	Cash flow from operations and investments adjusted for financial items paid net, taxes paid, and acquisitions/divestments of opera tions.	To monetarize the cash from core operations.
Net debt	Shows short-term borrowings (short-term loans and trade receiv ables with recourse), accrued interest expenses and prepaid interest income and long-term borrowings, lease liabilities, net provisions for post-employment benefits less liquid funds (cash and cash equiva lents, prepaid interest expenses, and accrued interest income).	Net debt describes the Group's total debt financing and is monitored by management.
Net debt/EBITDA	Net debt in relation to EBITDA (Net debt is based on the end-of period balance. EBITDA is calculated based on last four rolling quarters).	A measurement of financial risk, showing net debt in relation to cash generation.
Operating working capital, % of net sales	Sum of currency-adjusted last twelve months' average of inven tories, trade receivables, and trade payables (Operating working capital) as a percentage of the currency-adjusted last twelve months' average net sales. All months of the period are currency adjusted by applying the end-of-period average currency rate.	Used to evaluate how efficient the Group is in generating cash in relation to net sales.
Net assets	Total assets less liquid funds and pension assets minus non-interest bearing liabilities. (non-interest-bearing = total liabilities less equity, total borrowings, pension liabilities and lease liabilities)	Net assets describes the operating assets less operating liabilities used to run the business.
Return on net assets, %	Twelve months rolling operating income expressed as a percent age of average twelve months operating net assets.	Used to evaluate how efficiently the Group is generating profit from the net assets employed.
End of period operating working capital, % of annualized net sales	Sum of currency adjusted end of period trade receivables, trade payables and inventories (Operating working capital) as a per centage of the annualized currency adjusted last three months' average net sales. All months of the period are currency adjusted by applying the end of period average currency rate.	Snapshot of how end of period operating working capital is evolving compared with average historical trend.

Meeting targets needs beyond tomorrow

Financial

Net sales growth Organic annual growth of more than

4%

over time, complemented by value-accretive acquisitions.

Profitability EBITA margin of

15%

Asset efficiency Operating working capital below

15%

of net sales.

Capital structure Net debt/EBITDA ratio below

2.5x Higher levels may be temporarily

acceptable in the event of acquisitions, provided there is a clear path to de-leveraging.

Dividend policy

Electrolux Professional's target is for the dividend to correspond to approximately 30% of the income for the year. The timing, declaration, and number of future dividends will depend on the company's financial situation, earnings, capital requirements, and debt service obligations.

Our business

> Product development and innovation of smart products offering sustainable solutions.

> Production

World-class manufacturing focused on lower environmental impact and an excellent working environment.

> Marketing

focused on making our customers' work-life easier, more profitable and truly sustainable.

> Sales

mainly through dealers and distributors.

> Customer Care

and sales of chemicals, accessories, spare parts and consumables.

Our strategic targets

Our strategy for growth is based on the plans of our Business areas, and rests on four pillars, built on a foundation of operational excellence and sustainability in the supply chain. We want to do our part to improve society and generate value for our stakeholders. We believe that the Agenda 2030 and the UN's Sustainable Development Goals (SDGs) are good indicators of the priorities and challenges that the world is facing.

GROW

through innovation and sustainability.

in high-margin products, segments, and geographies.

EXPAND

Customer Care and service-as-a-solution.

BOOST

INVEST In digitalization to unlock additional customer value.

These key strengths and competitive advantages drive our development and performance, and they all provide a strong foundation for us to execute our strategy.

Structurally growing end-markets

We operate in a market that structurally has been growing driven by GDP growth, higher income, and people spending more time eating out of the home.

Geographically balanced business

Approximately half of our sales are in Europe and the other half equally distributed between the Americas and APAC-MEA. This makes us less dependent on any single geography and its economic progress.

Track record of solid EBITA and cash flow

We have always – even during the pandemic and other major economic downturns – been a profitable company generating strong cash conversion and cash flow.

Focused plan to grow organically, supported by M&A

We have the products and the activities in place to grow organically. In addition, we have been able to complete an average of one acquisition per year to further grow the company.

Innovation focused

In order to drive growth and profitability, and also to provide products that increase customer productivity and efficiency, we invest more in R&D than the industry average.

Sustainability leader

We are the sustainability leader in our industry, according to external rankings such as CDP, Sustainalytics, and EcoVadis. All new products we launch have improved sustainability performance.

Shareholders information

President and CEO Alberto Zanata's

comments on the second quarter results 2025 Today's press release is available on the Electrolux Professional Group website www.electroluxprofessionalgroup.com

Telephone conference 09.00 CET

A telephone conference is held at 09.00 today, July 22. Alberto Zanata, President and CEO and Fabio Zarpellon, CFO will comment on the report.

Details for participation by telephone are as follows:

Participants in Sweden: +46 8 505 100 31 Participants in UK/Europe: +44 207 107 0613 Participants in US: +1 631 570 5613

Slide presentations for download:

www.electroluxprofessionalgroup.com

Link to webcast:

electrolux-professional-group.creo.se/012ca59d-6b91-4179-8aa7- 2093606b33ce

For further information, please contact:

Jacob Broberg, Chief Communication & Investor Relations Officer, +46 70 190 00 33

Financial calendar

	Date
Interim report Q3, July - September 2025	October 29, 2025
Investor Day, Stockholm	November 6, 2025
Year-end report Q4, October - December 2025	January 29, 2026
Interim report Q1, January - March 2026	April 28, 2026
Annual General Meeting, Stockholm	May 5, 2026

This information is information that Electrolux Professional AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person detailed in the column above, at 07:30 a.m. CET on July 22, 2025.

FIRST PAGE CEO COMMENTS FINANCIAL OVERVIEW FINANCIAL REPORTS DEFINITIONS SHAREHOLDERS INFORMATION FINANCIAL REPORTS

About Electrolux Professional Group

The Electrolux Professional Group is one of the leading global providers of food service, beverage, and laundry for professional users. Our innovative products and worldwide service network make our customers' work-life easier, more profitable – and truly sustainable every day. Our solutions and products are manufactured in 14 plants in eight countries and sold in over 110 countries. We have approximately 4,300 employees. In 2024, the Electrolux Professional Group had global sales of SEK 12,5bn. Electrolux Professional's B-shares are listed at Nasdaq Stockholm.

For more information, visit https://www.electroluxprofessionalgroup.com

This report contains 'forward-looking' statements that reflect the company's current expectations. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations prove to have been correct as they are subject to risks and uncertainties that could cause actual results to differ materially due to a variety of factors. These factors include, but are not limited to, changes in consumer demand, changes in economic, market and competitive conditions, currency fluctuations, developments in product liability litigation, changes in the regulatory environment and other government actions.

Forward-looking statements speak only as of the date they were made, and, other than as required by applicable law, the company undertakes no obligation to update any of them in light of new information or future events.

Electrolux Professional AB (publ), 556003-0354 Postal and visiting address: Franzéngatan 6, SE-112 51 Stockholm, Sweden Telephone: +46 8 41056450

Electrolux Professional Group – INTERIM REPORT Q2 2025 Shareholders information P. 27 Website: www.electroluxprofessionalgroup.com