Prevas

Quarterly Report • Oct 24, 2025

Increased profit and a strengthened market position.

Prevas | Hello Possibility.

Increased profit and a strengthened market position

July – September 2025

• Net sales amounted to SEK 355.2 (351.9) million, an increase of SEK 3.3 million and 0.9 percent.
• EBITA* amounted to SEK 30.0 (26.5) million, an increase of 13.2 percent. EBITA margin* amounted to 8.4 (7.5) percent.
• The number of working days remains unchanged compared to the same quarter last year.
• EBIT amounted to SEK 26.1 (17.9) million, an increase of 46.1 percent. EBIT margin amounted to 7.4 (5.1) percent. EBIT was negatively affected by acquisition-related costs of SEK 3.6 (8.2) million.
• Profit after tax amounted to SEK 17.7 (9.1) million.
• Earnings per share amounted to SEK 1.34 (0.75), basic, and SEK 1.34 (0.75), diluted.
• Cash flow from operating activities amounted to SEK 21.3 (-6.7) million.

January – September 2025

• Net sales amounted to SEK 1,194.7 (1,154.6) million, an increase of SEK 40.1 million and 3.5 percent.
• EBITA* amounted to SEK 86.3 (116.3) million, giving an EBITA margin* of 7.2 (10.1) percent.
• Operating profit for the period was negatively affected by a calendar effect of SEK 10 million, as the period was two days shorter than in the previous year, and by restructuring costs of approximately SEK 7 million related to workforce optimization in regions and areas with lower demand.
• EBITA corrected for restructuring and calendar effects amounted to SEK 103.1 million, with a corrected EBITA margin of 8.6 percent.
• EBIT amounted to SEK 74.7 (93.9) million, giving an EBIT margin of 6.3 (8.1) percent. EBIT was negatively affected by acquisition-related costs of SEK 11.1 (21.7) million.
• Profit after tax amounted to SEK 50.5 (68.4) million.
• Earnings per share amounted to SEK 3.82 (5.31), basic, and SEK 3.82 (5.31), diluted.
• Cash flow from operating activities amounted to SEK 103.1 (83.5) million.

*) See definitions on page 22.

0.9%

NET SALES GROWTH THIRD QUARTER

8.4%

OPERATING MARGIN, EBITA THIRD QUARTER

1.34%

DILUTED EARNINGS PER SHARE THIRD QUARTER

Significant events during and after the period

During the third quarter, we have taken several important steps that strengthen our position in technology development, sustainable industry and digitalization. New collaborations, acquisitions and strategic initiatives enable us to continue building long-term value for our customers, employees and society. The following announcements were made during and after the period:

• Syklo selects Prevas as EIC partner for new plastic recycling plant

The Finnish circular economy company Syklo has selected Prevas as its partner for delivering electrical, instrumentation, and control systems to a new plastic recycling plant in Hyvinkää, Finland. The plant will be an important part of the green transition and is expected to increase Finland's plastic recycling capacity by 50 percent. Prevas provides reliable, energy-efficient, and future-proof automation solutions that ensure stable operations and sustainable production. The project is a strong example of how our technology, creativity and partnerships contribute to building a more sustainable industry – step by step.

Prevas divests InfoVis

Prevas has completed the sale of Prevas InfoVis AB to the management team operating the business The new owner has taken over the business and the in-house developed Dependency Map tool – a software solution for visual information management, providing organizations with a clear overview of dependencies between systems, functions and responsibilities. The divestment was completed on October 1, 2025 and is expected to have a marginal effect on Prevas' earnings.

• Prevas joins SOFF

Prevas has strengthened its role as a technical specialist in defense and cyber security by becoming a member of SOFF – an important platform for collaboration on innovation, resilience and societal security.

• Prevas strengthens its presence in southern Sweden through the acquisition of OIM Sweden On July 1, Prevas completed the acquisition of 80 percent of the shares in OIM Sweden AB following regulatory approval. The acquisition strengthens Prevas' presence in the Öresund region and brings specialist expertise in advanced product development, notably in Medtech and Cleantech. The acquisition of 80 percent of OIM Sweden AB is expected to have a marginally positive impact on earnings per share for the current financial year. More information can be found on the website: www.prevas.com.

We are proud of the trust Syklo has placed in us and see this as the beginning of a long-term partnership, where our expertise in industrial automation, digitalization and sustainable solutions can make a real difference, says Juha Ritala, CEO of Prevas Finland.

Increased profit for the Group and a continued positive trend in Finland.

Prevas has increased its profitability and delivered EBITA of SEK 30 (26) million, corresponding to an increase of 13.2 percent and an EBITA margin of 8.4 (7.5) percent. The impact of Prevas' implemented measures and clear improvements in earnings for the Finnish operations strengthened the results. Net sales for the third quarter amounted to SEK 355 million (351). Cash flow was SEK 21.3 (-6.7) million and diluted earnings per share was SEK 1.34 (0.75), an increase of approximately 80 percent.

Targeted measures are producing results

I note that our focused efforts to strengthen profitability are producing results. Through increased sales focus, cost awareness and workforce optimization, we have succeeded in improving our margin in a challenging market environment.

Market development has generally remained cautious during the quarter, while demand is high in defense, cyber security and energy. Prevas is showing good growth in these areas – for example, sales to the defense industry increased by 33 percent compared with the same period in the previous year. Our focus on sales has resulted in increased inflows of business enquiries and we see some positive signals in the market.

Positive trend in Finland continues

Earnings for the Finnish operations continued to strengthen in the third quarter – our fourth consecutive quarter of positive development. Finland delivered organic growth of 34 percent during the quarter and turned EBITA from a loss of SEK -1.2 million to a profit of SEK 4.4 million. Net sales amounted to SEK 49.8 million and EBITA was SEK 4.4 million, corresponding to an EBITA margin of 8.9 percent.

Our team in Finland excels at delivering large projects and the earnings improvement for the quarter was driven by a higher proportion of project deliveries contributing stronger margins. It is pleasing to see how the team's focus and measures having a clear impact and to see ourselves approaching the expected margin levels step by step.

The order situation in Finland remains favorable, thanks to our strong market position. To meet demand, we have started recruitment in selected areas of expertise while maintaining a high level of preparedness and capacity to act quickly if market conditions change.

Growth initiatives in a challenging market

We continue to grow strongly in defense and cybersecurity. Net sales for this area have increased and now account for 15.2 (13.3) percent, or almost a quarter of a billion Swedish kronor, of our total annual net sales. This is clear evidence of how our technical expertise and extensive experience in safety-critical environments create tangible customer value. We pursue both regional and Group-wide initiatives that deliver results in the form of new business and relationships.

Prevas is investing strategically in the development of niche offerings to drive profitable growth. One priority area is EAM (Enterprise Asset Management). Through our expertise and partnership with Hexagon, we are uniquely placed to drive industrial digitalization in the Nordic region. Deliveries include both expert services and recurring license revenue with strong growth potential. During 2025, we have established a Nordic EAM organization, thereby strengthening our growth journey. One tangible result is a new six-year agreement with the Swedish Transport Administration (in partnership with Chas), worth about SEK 22 million, for licenses and implementation of Hexagon EAM – a system designed to streamline maintenance and enable data-driven decision-making. All fully in line with Prevas' vision of doing good through advanced technology.

We have increased the pace of our Al initiatives during the quarter. Our engineers have increased productivity with Al-supported coding tools and we have several customer projects where Al is used in the development of mission-critical systems for industrial applications. We see particularly strong potential within image processing and vision, where Al is solving complex challenges. At the same time, internal

initiatives are in progress, aimed at sharing knowledge and strengthening both customer value and employee expertise.

On July 1, 2025, we welcomed the team of the newly acquired OIM Sweden AB to Prevas. With the OIM team and our teams in Malmö and Lund, we are now one of southern Sweden's leading development hubs, with a strong position in both medtech and industry. The team has integrated well and we have already generated new joint business. Prevas remains active and continues to seek new acquisitions that will help strengthen customer value and profitability.

Overall, we made important progress during the quarter. We increased our EBITA result by 13 percent, delivered an EBITA margin of 8.4 percent, and strengthened our market position in growth areas such as defense and energy. We continue to work with a clear focus and targeted initiatives to achieve our goals – with an emphasis on customer value, innovation and profitability.

Backed by strong customer trust, deep team commitment and a clear market position, I look forward with confidence to the final quarter of 2025 and an exciting 2026 just around the corner!

Hello Possibility Västerås, October 24, 2025

Magnus Welén, CEO Prevas AB

"

Our focused efforts to strengthen profitability are producing results. Through increased sales focus, cost awareness and workforce optimization, we have succeeded in improving our margin in a challenging market environment.

Prevas in brief

Prevas is an innovative development hub focusing on product and production development, with ingenuity at the core. Combining strong technical expertise with business understanding, we help customers across diverse industries harness the benefits of modern technological development. Good for people, the planet and profits.

We offer a comprehensive range of services and solutions tailored to meet the ever-evolving needs of modern industries. With a focus on innovation, technology and expertise, we help companies optimize and streamline their operations, develop their products, improve productivity and achieve sustainability.

Outcome 10 Q1 Q2 Q3 Q4 2023 2024 2025 0 20 25 Q1 Q2 Q3 Q4 2023 2024 2025 EBITA margin to reach at least 12% over time. Net sales growth to reach at least 10% per year over time, qualitatively, including acquisitions. Net debt/EBITDA R12 not to exceed 2 over time. Long-term dividend level to amount to 40-60% of Prevas' profit after tax. EBITA margin Net sales growth Net debt/ EBITDA Dividend 8.4% The margin for the quarter is higher than in the same quarter the previous year. 0.9% Net sales growth for the quarter comes from acquisitions in 2025. 1.06 Net debt/EBITDA R12 at end of quarter. 66% The AGM adopted a dividend of SEK 4.75 per share for 2024, corresponding to a payout ratio of 66% of Prevas' profit after tax." Financial targets Historical outcome % % % 2 Q1 Q2 Q3 Q4 2023 2024 ²⁰²⁵ 0 10 20 30 60 2020 2021 2022 2023 2024

Hello Possibility

We solve problems. Many would probably say we do so through that's true. But perhaps even more important is our ingenuity. That's seeing possibilities that others

Vision & Purpose

Mission

We co-create technological advancepeople, planet and profit.

Values

the acronym BOAT – Business Driven, Open Minded, Active and Team Player

Employee promise

Sectors and customers

We have a very broad and well-balanced customer base spanning multiple sectors – from start-ups, small and medium-sized enterprises to global companies. The five largest customers in the third quarter were Saab, Ericsson, ABB, Hitachi and Sandvik, together accounting for less than one quarter of our net sales.

Sector distribution, Q1-3 2025

Engineering

The engineering industry is evolving through investments in skills as well as sustainability, digitalization and automation. We are well positioned with our industry experience and a creative approach to technological innovation.

Life Science

Our focus includes biotechnology, medical technology, and pharmaceuticals. We understand rules and regulatory requirements, and how to efficiently develop and bring products to market. We also provide solutions for the manufacturing of products.

Products & devices

Product development integrates advanced electronics, design, software and sustainability aspects. Prevas offers technical expertise and business insight to help bring customers' products to market quickly.

Defense

The Nordic defense industry supplies the global market with world-leading products, solutions and services. Prevas' experience and expertise meet the defense sector's demands for advanced technology, reliability and environmental resilience.

Energy

The energy sector plays a critical role in enabling the Nordic region to become climate-neutral. As a strategic competence partner to the energy and power sector, Prevas is at the heart of development of the sustainable energy systems of the future.

Automotive & transport

The automotive and transport industries are affected by several trends such as electrification, autonomy, digitalization, and resource efficiency. Prevas has extensive experience in delivering smart solutions and is a trusted development partner.

Steel & Minerals

Prevas is committed to contributing to the development of future fossil-free steel production. Our offerings include solutions for operational management, energy efficiency, automation and environmental monitoring.

Telecom

Prevas has extensive experience in consulting services for mobile networks and provides key expertise in radio access functions. We also deliver central solutions for product traceability and tools for equipment management to telecom companies.

Sustainability

Prevas and sustainability in brief

The foundation of our sustainability work is being an attractive employer and a responsible business partner. This is a prerequisite for contributing to sustainable solutions, services and products, and for remaining relevant to our customers. Our ambition is to attract the best talent, ensuring that we remain as competitive tomorrow as we are today. It is our strong belief that much good can be achieved through technology, thanks to human ingenuity, creativity and innovation.

Focus areas

• Our customers should feel that we at Prevas create increased value.
• We should actively develop as a team and as individuals.
• We should actively contribute to a climate-neutral world.
• We should increase revenue and profit.

Prevas' sustainability work can be linked to several of the UN's Sustainable Development Goals.

Learn more about our sustainability work on pages 19-38 of the 2024 Annual and Sustainability Report

Ingenuity will save the world

Sustainability is more than a goal – it is part of our drive to do good. By combining cutting-edge technical expertise with genuine curiosity and creativity, we develop solutions that contribute to a more sustainable world.

We collaborate with companies across multiple sectors to develop smart systems and products that improve people's lives and our shared future. Our projects range from energy efficiency and and medical technology innovations – always with a clear focus on generating real benefits for people, the planet and profitability.

Our efforts have resulted in solutions that automate charging of electric ferries, streamline innovative medical products. At the same time, we develop software that reduces energy – technology already in use by leading players across the Nordics and Europe.

We look to the future with confidence. For us, it goes without saying that sustainable development begins with bold ideas and close collaboration. That is why we continue to make a difference –

Hello Possibility.

The period in brief CEO's comments Prevas in brief Sustainability Financial information

Financial information, Group

Net sales

July – September

Net sales amounted to SEK 355.2 (351.9) million, an increase of SEK 3.3 million and 0.9 percent. Net sales growth attributable to acquisitions in 2025 was 2.1 percent.

The number of working days was 66 (66), which means that net sales were not affected by any calendar effects. Net sales per employee amounted to SEK 359 (371) thousand.

January – September

Net sales amounted to SEK 1,194.7 (1,154.6) million, an increase of SEK 40.1 million and 3.5 percent. Net sales growth attributable to acquisitions in 2024 and 2025 was 8.9 percent.

The number of working days was 187 (189). Net sales per employee amounted to SEK 1,207 (1,269) thousand.

Earnings

July – September

EBITDA amounted to SEK 41.6 (37.9) million, giving an EBITDA margin of 11.7 (10.8) percent.

EBITA amounted to SEK 30.0 (26.5) million, giving an EBITA margin of 8.4 (7.5) percent.

EBIT amounted to SEK 26.1 (17.9) million, giving an EBIT margin of 7.4 (5.1) percent. EBIT was negatively affected by acquisition-related costs of SEK 3.6 (8.2) million. EBIT corrected for acquisition-related costs amounted to SEK 29.8 (26.1) million, giving a corrected EBIT margin of 8.4 (7.4) percent. Acquisition-related costs are recognized in the income statement under Other external expenses, SEK 0.2 (4.9) million, Personnel expenses, SEK 0.2 (0.4) million, and Amortization of intangible assets, SEK 3.2 (2.9) million.

Operating expenses have decreased, largely due to lower acquisition-related costs and lower project-related costs compared with the corresponding quarter in the previous year.

Net financial items amounted to SEK -3.4 (-4.2) million. The improvement from the corresponding quarter in the previous year is due to lower interest expenses of SEK 0.8 million, mainly attributable to lower borrowings.

Tax expense amounted to SEK 5.0 (4.6) million, corresponding to a tax rate of 22.2 (33.7) percent. The lower effective tax rate compared with the same quarter in the previous year is partly due to lower non-deductible transaction costs, which reduced the tax expense by SEK 1.0 million compared with the previous year.

Profit after tax amounted to SEK 17.7 (9.1) million, an increase of approximately 95 percent.

January – September

EBITDA amounted to SEK 121.0 (146.4) million, giving an EBITDA margin of 10.1 (12.7) percent.

EBITA amounted to SEK 86.3 (116.3) million, giving an EBITA margin of 7.2 (10.1) percent.

EBIT amounted to SEK 74.7 (93.9) million, giving an EBIT margin of 6.3 (8.1) percent. EBIT was negatively affected by acquisition-related costs of SEK 11.1 (21.7) million. EBIT corrected for acquisition-related costs amounted to SEK 85.9 (115.6) million, giving a corrected EBIT margin of 7.2 (10.0) percent. Acquisition-related costs are recognized in the income statement under Other external expenses, SEK 0.9 (14.0) million, Personnel expenses, SEK 1.0 (1.1) million, and Amortization of intangible assets, SEK 9.2 (6.6) million.

Net sales, SEK million

Net sales by segment, Q1-3 2025

EBITA and EBITA margin

Operating expenses have decreased, largely due to lower acquisition-related costs compared with the corresponding period in the previous year and lower project-related costs. The increase in personnel expenses was mainly related to the Finnish operations, acquired on July 1, 2024, and OIM, acquired on July 1, 2025.

Compared with the corresponding period in the previous year, net financial items were affected by higher interest expenses of SEK -2.0 million related to loans in connection with the Finnish acquisition, and costs of SEK -2.5 million related to right-of-use assets. Net financial items were also affected by reduced interest income of SEK -1.0 million and negative currency effects of SEK -0.4 million. The result of contingent consideration remeasurement was SEK -0.7 million, which is SEK 2,0 million lower than for the same period in the previous year.

Tax expense amounted to SEK 13.9 (23.3) million, corresponding to a tax rate of 21.6 (25.5) percent. The lower effective tax rate compared with the same period in the previous year is partly due to lower non-deductible transaction costs, which reduced the tax expense by SEK -2.9 million compared with the previous year.

Profit after tax amounted to SEK 50.5 (68.4) million.

The period was two working days shorter than the corresponding period in the previous year, which had a negative effect of approximately SEK 10 million on EBITDA, EBITA and EBIT. Operating profit was also affected by restructuring costs of approximately SEK 7 million for workforce optimization in regions and areas with lower demand

Cash flow, cash and cash equivalents and financing

July – September

Cash flow from operating activities for the quarter amounted to SEK 21.3 (-6.7) million.

The increase of SEK 28.0 million compared with the corresponding quarter in the previous year was largely due to higher earnings. Interest paid declined by SEK -3.0 million compared with the same quarter in the previous year.

Changes in working capital reduced cash flow by SEK -4.9 (-23.6) million. Cash flow from operating receivables amounted to SEK 50.3 (42.8) million. The largest change compared with the previous year's quarter was the decline of SEK 56.4 (23.6) million in trade receivables. The substantial variance between the decrease in trade receivables this quarter and the decrease in the corresponding quarter previous year is attributable to the acquisition of the Finnish operations in Q3 2024. Changes in operating liabilities reduced cash flow by SEK -55.8 (-67.5) million. Operating liabilities were negatively affected by a decrease of SEK -38.3 (-15.6) million in personnel-related liabilities. The significant difference from the previous year is due to additional liabilities related to the acquisition of the Finnish operations in the previous year's quarter. In the previous year's corresponding quarter, trade payables decreased by SEK 23.5 million more than in the current quarter, due to a calendar effect that negatively affected trade payables in that quarter.

The OIM acquisition had an effect of SEK -17.2 million on cash flow from investing activities, while proceeds from borrowings had an effect of SEK 10.8 million on cash flow from financing activities. In connection with the Enmac acquisition in the previous year's quarter, Prevas took out loans of SEK 132 million and EUR 6 million and settled Enmac's external loan of SEK 72.8 million as part of the acquisition transaction.

There are no additional covenants associated with the new loan related to the acquisition of OIM.

The covenant regarding external financing is that net debt/ EBITDA, measured on a rolling 12-month basis, shall not exceed 2.5. Prevas' net debt/EBITA R12 was 1.06 at the end of the period.

Average number of employees

SEK21.3 m

CASH FLOW FROM OPERATING ACTIVITIES THIRD QUARTER

Customer satisfaction for the quarter was 8.3 (on a scale of 1 to 10).

Available cash and cash equivalents amounted to SEK 7.1 (33.2) million at the end of the quarter. The overdraft facility of SEK 100 (100) million was unused (SEK 10.5 million drawn, previous year).

January – September

Cash flow from operating activities for the period amounted to SEK 103.1 (83.5) million.

The increase of SEK 19.7 million compared with the corre sponding period in the previous year was largely due to changes in working capital. Tax paid declined by SEK -9.5 million compared with the corresponding period in the previous year, which had a positive effect on cash flow.

Changes in working capital made a positive contribution of SEK 27.6 (-2.3) million to cash flow for the period. Cash flow from operating receivables amounted to SEK 53.9 (43.7) million. The largest change compared with the previous year's period was the decline of SEK 68.4 (37.8) million in trade receivables. The substantial variance between the decrease in trade receivables this quarter and the decrease in the corre sponding quarter previous year is attributable to the acquisi tion of the Finnish operations in Q3 2024. Operating liabilities reduced cash flow by SEK -27.1 (-57.0) million. Operating liabilities were negatively affected by a decrease of SEK -9.0 (-15.6) million in personnel-related expenses. The significant difference from the previous year is due to additional liabili ties related to the acquisition of the Finnish operations in the previous year. In the previous year's corresponding period, trade payables decreased by SEK 8.0 million more than in the current period, due to a calendar effect that negatively affected trade payables in that period. In the previous year, operating liabilities were also affected by a drawdown of SEK 10.5 million on the overdraft facility.

Cash flow from financing activities was affected by loan repay ments of SEK -37.9 (-97.9) million. The previous year's period was affected by the settlement of Enmac's loan of SEK -72.8

million and repayments of opening balance of loans of SEK -11.3 million. Repayment of loans related to the acquisition of the Finnish operations on July 1, 2024 had an effect of SEK -24.9 million on cash flow for the year.

The covenant regarding external financing is that net debt/ EBITDA, measured on a rolling 12-month basis, shall not exceed 2.5. Prevas' net debt/EBITA R12 was 1.06 at the end of the period.

Available cash and cash equivalents amounted to SEK 7.1 (33.2) million at the end of the period. The overdraft facility of SEK 100 (100) million was unused (SEK 10.5 million drawn, previous year).

Financial position

The Group's equity at the end of the quarter was SEK 685.0 (671.1) million, corresponding to an equity ratio of 50.0 (48.3) percent. Equity per share attributable to owners of the parent amounted to SEK 48.50 (48.28), basic, and SEK 48.50 (48.28), diluted.

Right-of-use assets amounted to SEK 160.6 (164.9) million. As in the previous year, a reassessment of lease terms for prem ises was carried out during the quarter.

Prevas' balance sheet remains strong, and net debt/EBITDA is expected to remain well below the target level of 2 in the coming quarters.

Employees

The average number of employees in the third quarter was 990 (948), distributed as follows: Sweden 722 (703), Denmark 71 (71), Finland 156 (131), other segments 17 (17) and central 24 (26). The number of employees at the end of the quarter was 1,066 (1,082). The percentage of female employees was 19.1 (18.6).

Investments

July – September

The Group's investments in non-current assets in the quarter amounted to SEK 1.8 (0.5) million, distributed as follows: machinery, equipment and improvements to third-party prop erty, SEK 0.3 (0.5) million, intangible assets, SEK 1.5 (0) million.

January – September

The Group's investments in non-current assets in the period amounted to SEK 5.3 (5.1) million, distributed as follows: machinery, equipment and improvements to third-party prop erty, SEK 2.3 (5.1) million, intangible assets, SEK 3.0 (0) million.

Significant events during and after the period

Following regulatory approval, Prevas completed the acquisition of 80 percent of the shares in OIM Sweden AB, with closing on 1 July 2025. The acquisition strengthens the Company's presence in the Öresund region and brings specialist expertise in advanced product development, notably in Medtech and Cleantech. OIM had annual net sales of about SEK 36 million and 35 employees in 2024. The purchase price amounted to SEK 20.9 million. The acquisi tion of 80 percent of OIM Sweden AB is expected to have a marginally positive impact on earnings per share for the current financial year. More information can be found on the Company's website prevas.se.

Prevas AB's 2024 annual and sustainability report and remu neration report are available on the Company's website: website prevas.se.

Strong operational performance – projects delivered on time

As part of its certified quality system, the Company continu ously monitors customer satisfaction, delivery reliability and warranty performance. Since it was founded in 1985, Prevas has maintained an exceptionally high customer satisfaction

level and consistently strong quality scores for delivery reliability and warranty service. Customer satisfaction for the quarter was 8.3 (on a scale of 1 to 10).

Parent Company

July – September

Net sales amounted to SEK 162.3 (172.4) million and profit after financial items was SEK 7.8 (13.6) million.

Net sales and earnings were affected by a lower utilization rate.

Interest expenses were SEK 1.2 million lower than in the same quarter in the previous year. The decline was due to lower borrowings. Revaluation of foreign currency loans and hold ings had a net effect of SEK 0.2 (0.4) million in the quarter.

January – September

Net sales amounted to SEK 573.1 (612.5) million and profit after financial items was SEK 35.4 (59.7) million.

Net sales and EBITA were affected by a lower utilization rate and a negative calendar effect, as the period included two fewer working days compared with the same period in the previous year.

Interest expenses increased by SEK 0.9 million compared with the previous year's period. The increase was due to loans raised in connection with the acquisition of the Finnish opera tions. Revaluation of foreign currency loans and holdings had a net effect of SEK 1.3 (1.4) million in the period.

Risks and uncertainties

Prevas has been relatively unaffected by the aggressive and tragic invasion of Ukraine, which continues to cause immense human suffering. Prevas does not have any employees, partners or customer assignments in Russia or Ukraine. Other factors, such as inflation, transportation challenges and short ages of raw materials, components, and semiconductors,

create overall uncertainty about the future, particularly for our customers. These are risks that are difficult to assess, and Prevas' strategy for addressing them is to be as adaptable and dynamic as possible.

We have not yet seen any direct impact from the geopolitical situation or changes to customs regulations, but we are aware that several of our customers are affected. At the same time, we are prepared and have both the expertise and capacity to respond quickly should the situation change.

The market situation remains challenging, as in previous quarters. However, demand remains strong in certain industries, such as energy and defense. Prevas continues to operate in a competitive labor market, where actively working on employer branding is important – both to retain existing employees and to attract new talent to Prevas. Prevas has worked for a number of years to establish itself as an attractive employer – a strategy that has proven successful. Being recognized as an employer offering exciting assignments and development opportunities will continue to be a key factor in the future.

Information security requirements are becoming increasingly stringent. As society becomes increasingly digitalized, the risks of confidential information being stolen or disclosed to unauthorized parties – thereby causing harm – also increase. Prevas works actively on systematic information security, continuously taking preventive measures and adapting protections based on the organization's needs and risks.

It is Prevas' assessment that overall risks remain unchanged in 2025. More information about the Company's risks and how they are managed can be found in the 2024 Annual Report. Prevas also considers the risks to be equivalent for the Parent Company.

Related-party transactions

These types of transactions are disclosed in the 2024 Annual

Report under note 26 and are mainly related to purchases and sales between Group companies. There will be corresponding transactions in 2025.

Accounting policies

This interim report has been prepared in accordance with IAS 34 Interim Financial Reporting. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the EU, and, where applicable, the Swedish Annual Accounts Act. The Parent Company's financial statements have been prepared in accordance with the Swedish Annual Accounts Act and RFR 2 Accounting for Legal Entities. The same accounting policies and calculation methods have been applied in this report as in the most recent Annual Report. No other updates to standards have affected reporting during 2025.

Financial instruments

The carrying amounts of cash and cash equivalents, trade receivables, accrued unbilled revenue, interest-bearing liabilities and trade payables are considered to approximate their fair values.

Any contingent consideration to be transferred by the Group is recognized at the acquisition-date fair value. Contingent consideration amounted to SEK 8.1 million at the end of the period. Subsequent changes in the fair value of contingent consideration classified as an asset or liability are recognized in the income statement under finance income or finance costs.

Västerås, October 24, 2025 Prevas AB (publ)

Magnus Welén CEO Prevas AB

Financial calendar

Year-end report 2025, Feb 10, 2026. Interim report Jan–Mar 2026, May 5, 2026. Interim report Jan–Jun 2026, Jul 17, 2026. Interim report Jan–Sep 2026, Oct 27, 2026. Year-end report 2026, Feb 10, 2027.

Annual General Meeting 2026

Prevas AB:s Annual General Meeting, Västerås May 19, 2026.

Annual and Sustainability Report 2025

Scheduled for publication in week 16, 2026.

This information is information that Prevas AB (publ) is obliged to make public in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act.

This interim report has been prepared in Swedish and translated into English. In the event of any discrepancies between the Swedish original and the translation, the Swedish shall have precedence.

The information was submitted for publication through the agency of the contact persons set out below at 08.30 CET on October 24, 2025.

Contact

Magnus Welén, CEO +46 (0)21-360 19 00, +46 (0)70-593 44 57 magnus.welen@prevas.se

Helena Burström, CFO +46 (0)21-360 19 00, +46 (0)72-201 11 14 helena.burstrom@prevas.se

Auditor's Review Report

To the Board of Directors of Prevas AB (publ.), corp ID 556252-1384

Introduction

We have reviewed the condensed interim financial information (interim report) for Prevas AB as of September 30, 2024 and for the nine-month period then ended. The Board of Directors and the CEO are responsible for the preparation and presentation of this interim financial report in accordance with IAS 34 and the Swedish Annual Accounts Act. Our responsibility is to express a conclusion on this interim report based on our review.

Scope of review

We conducted our review in accordance with the International Standard on Review Engagements, ISRE 2410 Review of Interim Financial Information Performed by the Independent Auditor of the Entity. A review consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and other generally accepted auditing standards in Sweden.

The procedures performed in a review do not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

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

Västerås, October 24, 2025 Ernst & Young AB

Per Modin Authorized Public Accountant

Condensed income statement Group

SEK thousands	Q3 2025	Q3 2024	Q1-3 2025	Q1-3 2024	Full year 2024
Net sales	355,215	351,903	1,194,684	1,154,619	1,586,626
Other operating income	195	467	372	467	517
Other external expenses	-95,257	-104,278	-318,500	-341,244	-463,618
Personnel expenses	-218,957	-215,438	-757,463	-682,572	-949,020
Amortization of intangible assets	-3,422	-3,323	-9,665	-7,248	-10,384
Amortization of right-of-use assets	-10,381	-10,311	-30,906	-27,102	-37,075
Depreciation of property, plant and equipment	-1,249	-1,124	-3,787	-3,007	-4,416
Operating profit, EBIT	26,144	17,896	74,735	93,913	122,630
Net financial items	-3,414	-4,219	-10,296	-2,213	-2,325
Profit before tax	22,730	13,677	64,439	91,700	120,305
Income tax	-5,035	-4,614	-13,916	-23,346	-28,044
Profit for the period	17,695	9,063	50,523	68,354	92,261
Profit for the period attributable to owners of the parent	17,244	9,634	49,215	67,996	91,369
Profit for the period attributable to non-controlling interests	451	-571	1,308	358	892
Basic earnings per share attributable to owners of the parent, SEK	1.34	0.75	3.82	5.31	7.13
Diluted earnings per share attributable to owners of the parent, SEK	1.34	0.75	3.82	5.31	7.13

Condensed statement of comprehensive income, Group

SEK thousands	Q3 2025	Q3 2024	Q1-3 2025	Q1-3 2024	Full year 2024
Profit for the period Items that may be reclassified subse quently to profit or loss:	17,695	9,063	50,523	68,354	92,261
Translation differences attributable to foreign operations	-2,372	-998	-12,196	493	5,273
Comprehensive income for the period after tax	15,323	8,065	38,327	68,847	97,534
Comprehensive income for the period attributable to owners of the parent	15,045	8,636	37,847	68,489	96,642
Comprehensive income for the period attributable to non-controlling interests	278	-571	480	358	892

Condensed balance sheet Group

SEK thousands	Sep 30 2025	Sep 30 2024	Dec 31 2024
Goodwill	678,544	654,831	669,940
Other intangible assets	44,369	48,188	48,172
Property, plant and equipment	13,645	14,552	15,105
Right-of-use assets	160,572	164,901	158,166
Deferred tax assets	40,286	36,823	37,647
Financial assets	36	3,404	36
Total non-current assets	937,452	922,700	929,066
Inventories	2,659	2,837	3,485
Current receivables	422,704	430,670	460,436
Cash and cash equivalents	7,084	33,247	43,813
Total current assets	432,447	466,754	507,734
TOTAL ASSETS	1,369,899	1,389,454	1,436,800

SEK thousands	Sep 30 2025	Sep 30 2024	Dec 31 2024
Equity attributable to owners of the parent	624,948	617,996	646,504
Equity attributable to non-controlling interests	60,068	53,139	56,552
Total equity	685,016	671,135	703,056
Deferred tax liabilities	80,505	74,852	79,863
Provisions	1,918	5,997	3,140
Non-current non-interest-bearing liabilities	4,696	3,483	4,501
Non-current interest-bearing liabilities	219,356	263,150	246,120
Total non-current liabilities	306,475	347,482	333,624
Overdraft facilities	–	10,504	–
Current interest-bearing liabilities	89,694	95,275	89,666
Other current liabilities	288,714	265,057	310,453
Total current liabilities	378,408	370,837	400,119
TOTAL LIABILITIES AND EQUITY	1,369,899	1,389,454	1,436,800

Condensed changes in equity Group

SEK thousands	Sep 30 2025	Sep 30 2024	Full year 2024
Opening balance	703,056	639,647	639,647
Total comprehensive income for the period attributable to owners of the parent	37,847	68,489	96,642
Total comprehensive income for the period attributable to non-controlling interests	480	358	892
Changes in ownership attributable to non-controlling interests	5,232	19,790	22,668
Dividend attributable to non-controlling interests	-2,196	–	-2,139
Warrant programs	1,801	5,490	5,846
Dividend	-61,205	-62,639	-60,500
Closing balance	685,016	671,135	703,056
Equity attributable to owners of the parent	624,948	617,996	646,504
Equity attributable to non-controlling interests	60,068	53,139	56,552

Condensed cash flow statement Group

SEK thousands	Q3 2025	Q3 2024	Q1-3 2025	Q1-3 2024	Full year 2024
OPERATING ACTIVITIES
Profit before tax	22,730	13,677	64,438	91,700	120,305
Adjustments for non-cash items: Depreciation/amortization Other	15,053 4,793	14,786 8,042	44,358 9,759	37,357 6,429	51,876 -2,130
Income tax paid	-10,232	-10,430	-33,010	-42,555	-53,343
Interest paid	-6,125	-9,217	-9,989	-7,173	-3,874
Cash flow from operating activities before change in working capital	26,219	16,858	75,556	85,758	112,834
Changes in inventories	550	1,170	755	11,043	10,422
Changes in operating receivables	50,318	42,769	53,911	43,687	42,140
Changes in operating liabilities	-55,755	-67,534	-27,084	-57,032	-28,627
Cash flow from operating activities	21,332	-6,737	103,138	83,456	136,769
INVESTING ACTIVITIES Acquisition of businesses and shares, excl. cash and cash equivalents Contingent consideration, previous years' acquisitions Investments in intangible assets	-17,182 – -1,526	-188,479 – –	-17,182 -288 -3,049	-188,479 – –	-190,748 – -1,571
Investments in property, plant & equipment	-283	-519	-2,280	-5,169	-7,120
Cash flow from investing activities	-18,991	-188,998	-22,799	-193,648	-199,439

SEK thousands	Q3 2025	Q3 2024	Q1-3 2025	Q1-3 2024	Full year 2024
FINANCING ACTIVITIES
Repayment of lease liabilities	-9,862	-8,929	-26,235	-25,269	-35,001
Dividend Issue of shares/warrants, LTI 2021/2024, LTI 2024/2027 and LTI	–	–	-63,401	-62,639	-62,639
2025/2028	–	–	1,801	5,490	5,846
Disposal of financial assets Repayment of shareholder contributions, non-controlling interests	– –	– –	– –	– –	1,234 -145
Change in overdraft facilities		10,504	–	10,504	–
Repayment of borrowings	– -13,004	-92,302	-37,864	-97,927	-116,284
Proceeds from borrowings	10,800	199,946	10,800	199,946	199,946
Cash flow from financing activities	-12,066	109,219	-114,899	30,105	-7,043
Cash flow for the period Cash & cash equivalents at beginning of	-9,725	-86,516	-34,560	-80,087	-69,713
period	17,230	119,729	43,813	112,328	112,328
Exchange differences Cash & cash equivalents at end of	-421	33	-2,169	1,006	1,198
period	7,084	33,247	7,084	33,247	43,813

Quarterly overview

Group

	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Net sales, SEK million	355.2	408.8	430.7	432.0	351.9	395.6	407.1	399.3	311.4	377.7	394.3
EBITA*, SEK million	30.0	20.7	35.6	32.6	26.5	36.2	53.5	45.0	31.8	35.7	59.7
EBITA margin*, %	8.4	5.1	8.3	7.5	7.5	9.2	13.2	11.3	10.2	9.5	15.1
EBIT, SEK million	26.1	16.6	32.0	28.7	17.9	31.8	44.2	42.4	29.3	33.0	57.8
EBIT margin, %	7.4	4.1	7.4	6.6	5.1	8.0	10.9	10.6	9.4	8.7	14.7
Number of working days	66	59	62	62	66	60	63	63	65	59	64
Number of employees at end of period	1,066	1,033	1,053	1,086	1,082	899	902	915	888	899	887
Average number of employees	990	966	990	967	948	854	865	874	835	847	837
Net sales/employee, SEK thousand	359	423	435	447	371	463	471	457	373	446	471
Equity ratio, %	50.0	48.4	50.3	48.9	48.3	58.2	60.9	60.3	60.8	59.0	59.3
Basic earnings per share, SEK	1.34	0.73	1.75	1.81	0.75	2.02	2.56	2.42	1.74	1.92	3.20
Diluted earnings per share, SEK	1.34	0.73	1.75	1.81	0.75	2.01	2.54	2.42	1.73	1.90	3.18
Basic equity per share, SEK	48.50	47.33	50.67	50.43	48.28	47.78	50.20	47.46	45.22	43.57	46.04
Diluted equity per share, SEK	48.50	47.33	50.67	50.43	48.28	47.57	49.96	47.22	44.94	43.22	45.67

^*) The definitions of EBITDA and EBITA were adjusted in Q1 2024 in order to improve the analysis of operating activities between periods. Acquisition-related items and amortization of intangible assets are no longer included in EBITDA and EBITA. As in previous periods, amortization of acquisition-related intangible assets and contingent consideration remeasurement, including present value adjustments, have no impact on EBITDA or EBITA. Performance measures for 2023 have been restated. Our definitions of EBITDA and EBITA can be found on the website: www.prevas.com/IR/Financial-Reporting.

Operating segments

July - September 2025

SEK thousands	Sweden	Denmark	Finland 2)	Other	Group-wide and eliminations	Total Group
Sales to external customers	258,448	34,492	49,809	12,466	_	355,215
Other operating income	182	_	_	_	13	195
Sales to other segments	679	47	418	16	-1,160	_
Personnel expenses	-166,660	-19,589	-26,475	-5,983	-250	-218,957
EBITDA	22,872	1,899	4,560	689	11,612 1)	41,632
Depreciation/amortization	-4,031	-88	-1,222	-35	-9,6761)	-15,052
Acquisition-related items					-436	-436
EBITA	21,808	1,877	4,433	654	1,230	30,002
EBIT	18,841	1,811	3,338	654	1,500	26,144
Financial items	-1,344	-49	-493	284	-1,812	-3,414
Profit/loss after financial items	17,497	1,762	2,845	938	-312	22,730

January - September 2025

SEK thousands	Sweden	Denmark	Finland 2	Other	Group-wide and eliminations	Total Group
Sales to external customers	892,986	114,062	144,406	43,230	_	1,194,684
Other operating income	182	_	94	_	96	372
Sales to other segments	2,483	145	468	99	-3,195
Personnel expenses	-575,362	-67,568	-90,986	-22,547	-1,000	-757,463
EBITDA	73,441	4,593	6,397	1,871	34,719 1)	121,021
Depreciation/amortization	-11,874	-267	-3,691	-101	-28,425 1)	-44,358
Acquisition-related items					-1,928	-1,928
EBITA	70,199	4,525	6,021	1,770	3,813	86,328
EBIT	61,567	4,326	2,706	1,770	4,366	74,735
Financial items	1,499	-483	- 1,739	896	-10,469	-10,296
Profit/loss after financial items	63,066	3,843	967	2,666	-6,103	64,439

¹⁾ IFRS 16 leases, which are applied at Group level, are not allocated to the individual segments.

July - September 2024

SEK thousands	Sweden	Denmark	Finland 2	) Other	Group-wide and eliminations	Total Group
Sales to external customers	264,583	38,112	36,667	12,541	_	351,903
Other operating income	_	_	467	_	_	467
Sales to other segments	700	-5	_	_	-695	_
Personnel expenses	-160,668	-20,899	-27,106	-6,391	-375	-215,438
EBITDA	24,534	2,320	-1,046	580	11,537 1)	37,926
Depreciation/amortization	-3,777	-21	-1,502	-33	-9,425 1)	-14,758
Acquisition-related items					-5,273	-5,273
EBITA	23,613	2,299	-1,194	547	1,226	26,491
EBIT	20,757	2,299	-2,548	547	-3,161	17,895
Financial items	-2,353	264	-909	321	-1,542	-4,219
Profit/loss after financial items	18,404	2,564	-3,457	868	-4,703	13,677

January - September 2024

SEK thousands	Sweden	Denmark	Finland 2	) Other	Group-wide and eliminations	Total Group
Sales to external customers	956,803	117,956	36,667	43,192	_	1,154,619
Other operating income	_	_	467	_	_	467
Sales to other segments	2,295	277	_	22	-2,594	_
Personnel expenses	-566,186	-67,700	-27,106	-20,455	-1,125	-682,572
EBITDA	103,699	9,403	-1,046	4,656	29,650 1)	146,362
Depreciation/amortization	-11,346	-64	-1,502	-104	-24,341 1)	-37,357
Acquisition-related items					-15,092	-15,092
EBITA	101,007	9,339	-1,194	4,552	2,548	116,252
EBIT	92,353	9,339	-2,548	4,552	-9,783	93,913
Financial items	480	576	-909	846	-3,205	-2,213
Profit/loss after financial items	92,832	9,915	-3,457	5,398	-12,988	91,700

^<sup>2) Finland became a new segment with the acquisition of Enmac on July 1, 2024.

Sales to external customers by segment

Sectors	Sweden	Denmark	Finland	Other	Total Group
Energy	30,280	9,213	3,784	1,268	44,545
Automotive and transport	19,809	56	–	–	19,865
Defense	45,815	2,561	8,997	141	57,514
Life Science	36,532	7,658	–	604	44,794
Products and devices	16,551	6,946	1,047	–	24,544
Steel and minerals	18,995	–	5,446	531	24,972
Telecom	17,872	1,857	–	–	19,729
Engineering	49,700	4,591	25,124	3,473	82,888
Other	22,894	1,610	5,411	6,449	36,364
Total	258,448	34,492	49,809	12,466	355,215

January – September 2025

Sectors	Sweden	Denmark	Finland	Other	Total Group
Energy	100,887	32,042	11,300	3,725	147,954
Automotive and transport	72,645	188	–	–	72,833
Defense	149,375	8,359	23,156	350	181,240
Life Science	125,734	25,982	–	1,848	153,564
Products and devices	71,385	23,455	5,985	–	100,825
Steel and minerals	64,943	–	14,066	1,954	80,963
Telecom	58,420	3,628	–	–	62,048
Engineering	172,696	15,322	78,907	11,511	278,436
Other	76,901	5,086	10,992	23,842	116,821
Total	892,986	114,062	144,406	43,230	1,194,684

July – September 2025 July – September 2024

Sectors *)	Sweden	Denmark	Finland	Other	Total Group
Energy	25,206	10,002	2,940	1,228	39,376
Automotive and transport	24,601	15	–	–	24,616
Defense	40,774	381	1,916	150	43,221
Life Science	35,287	9,831	–	395	45,513
Products and devices	21,839	9,938	1,503	–	33,280
Steel and minerals	24,715	–	3,814	1,089	29,618
Telecom	17,052	8	–	–	17,060
Engineering	56,295	6,409	22,950	3,389	89,043
Other	18,814	1,528	3,544	6,290	30,176
Total	264,583	38,112	36,667	12,541	351,903

January – September 2024

Sectors *)	Sweden	Denmark	Finland	Other	Total Group
Energy	79,547	30,783	2,940	3,950	117,220
Automotive and transport	92,553	402	–	–	92,955
Defense	150,312	1,092	1,916	150	153,470
Life Science	140,001	33,456	–	1,287	174,744
Products and devices	84,935	29,003	1,503	–	115,441
Steel and minerals	89,891	–	3,814	3,016	96,721
Telecom	60,417	325	–	–	60,742
Engineering	195,460	18,217	22,950	14,519	251,146
Other	63,687	4,678	3,544	20,270	92,179
Total	956,803	117,956	36,667	43,192	1,154,619

^*) Amounts for 2024 have been reclassified between different sectors. Total amounts per segment remain unchanged.

Performance measures

Group

SEK thousands	Q3 2025	Q3 2024	Q1-3 2025	Q1-3 2024	Full year 2024
EBITDA margin	11.7%	10.8%	10.1%	12.7%	12.0%
EBITA margin	8.4%	7.5%	7.2%	10.1%	9.4%
EBIT margin	7.4%	5.1%	6.3%	8.1%	7.7%
Operating margin	6.4%	3.9%	5.4%	7.9%	7.6%
Average number of shares outstanding, thousand
before dilution	12,885	12,885	12,885	12,799	12,821
after dilution	12,885	12,885	12,885	12,799	12,821
Basic earnings per share, SEK	1.34	0.75	3.82	5.31	7.13
Diluted earnings per share, SEK	1.34	0.75	3.82	5.31	7.13
Basic equity per share, SEK			48.50	48.28	50.43
Diluted equity per share, SEK			48.50	48.28	50.43
Equity ratio			50.0%	48.3%	48.9%
Return on capital employed			8.2%	11.1%	14.5%
Return on equity			7.3%	10.4%	13.7%
Average number of employees	990	948	990	910	901
Number of working days	66	66	187	189	251
Net sales per employee, SEK thousand	359	371	1,207	1,269	1,761
Total sales per employee, SEK thousand	359	372	1,207	1,270	1,762

Definitions of performance measures can be found on pages 56-57 of the 2024 Annual Report. Current performance measures and definitions are also available on the website: www.prevas.com/IR/Financial-Reporting.

Acquisition-related items

Group

SEK thousands	Q3 2025	Q3 2024	Q1-3 2025	Q1-3 2024	Full year 2024
Amortization of acquisition-related intangible assets	-3,186	-2,940	-9,190	-6,636	-9,677
Transaction costs	-186	-4,898	-928	-13,967	-14,351
Cost of future services received	-250	-375	-1,000	-1,125	-1,500
Acquisition-related items	-3,622	-8,212	-11,118	-21,728	-25,528

Definition of key performance measures

EBITA

Operating profit before amortization and impairment of intangible assets and acquisition-related costs.

EBITA margin

Operating profit before amortization and impairment of intangible assets and acquisition-related items, as a percentage of net sales

Condensed income statement

Parent Company

SEK thousands	Q3 2025	Q3 2024	Q1-3 2025	Q1-3 2024	Full year 2024
Net sales	162,278	172,360	*) 573,075	612,526	821,588
Other external expenses	-61,195	-63,092	*) -208,683	-220,968	-300,972
Personnel expenses	-88,192	-89,396	-316,987	-320,258	-434,818
Amortization of intangible assets	-2,907	-2,779	-8,451	-8,343	-11,123
Depreciation of property, plant and equipment	-250	-215	-817	-828	-1,259
Operating profit, EBIT	9,734	16,878	38,137	62,129	73,416
Profit/loss from investments in Group companies	–	-157	2,255	1,468	6,318
Interest and similar income	1,640	1,723	9,807	4,117	5,378
Interest and similar expenses	-3,619	-4,846	-14,798	-8,034	-12,619
Profit after financial items	7,755	13,598	35,401	59,680	72,493
Transfer to tax allocation reserve	–	–	–	–	-20,600
Income tax	-2,202	-3,825	-9,048	-14,539	-11,945
Profit for the period	5,553	9,773	26,353	45,141	39,948

^*) Net sales and Other external expenses have been reduced by SEK 17,742 thousand. This does not affect operating profit or key figures.

Condensed balance sheet

Parent Company

SEK thousands	Sep 30 2025	Sep 30 2024	Dec 31 2024
Intangible assets	19,835	26,445	25,237
Property, plant and equipment	1,647	2,504	2,209
Financial assets	601,376	623,894	594,726
Deferred tax assets	1,043	–	885
Total non-current assets	623,901	652,843	623,057
Inventories	452	656	731
Current receivables	214,112	192,095	237,952
Cash and bank balances	2,141	–	12,806
Total current assets	216,705	192,751	251,489
TOTAL ASSETS	840,606	845,594	874,546

SEK thousands	Sep 30 2025	Sep 30 2024	Dec 31 2024
Restricted equity Unrestricted equity	42,178 196,097	42,178 233,986	42,178 229,148
Total equity	238,275	276,164	271,326
Untaxed reserves	93,100	72,500	93,100
Provisions	1,153	12,290	1,827
Non-current interest-bearing liabilities	98,345	141,600	129,882
Total non-current liabilities	192,598	226,390	224,809
Overdraft facilities	–	10,686	–
Current interest-bearing liabilities	52,285	55,575	50,230
Other current liabilities	357,448	276,779	328,181
Total current liabilities	403,733	343,040	378,411
TOTAL LIABILITIES AND EQUITY	840,606	845,594	874,546

Invitation to presentation of Prevas' interim report July – September 2025

A press and analyst presentation will be held on Friday, 24 October at 09:30 a.m., which can be followed via webcast https://www.finwire.tv/webcast/prevas/q3-2025/.

About Prevas

product and production development, with ingenuity at the Good for people, the planet and profits. Prevas was founded in 1985 and currently has 1,100 employees in Sweden, Finland, Denmark and Norway. Prevas has been listed on NASDAQ Stockholm since 1998. For more information

Prevas AB Corp. ID 556252-1384

Box 4 • Glödgargränd 14 • SE-721 03 Västerås info@prevas.com • +46 21-360 19 00 • www.prevas.com