STRONG START TO THE YEAR AND STRATEGIC ACQUISITION IN THE USA

FIRST QUARTER SUMMARY, JANUARY – MARCH 2022

Net sales increased by 28 per cent to SEK 1,326 m (1,036), of which 11 per cent was organic. Currency-adjusted organic growth was 7 per cent.
EBITA increased to SEK 180 m (107), and the EBITA margin increased to 13.6 per cent (10.3). EBITA adjusted for a SEK 24 m capital gain from a property sale increased to SEK 156 m (107), an adjusted EBITA margin of 11.8 per cent (10.3).
Operating profit rose to SEK 134 m (73), and the operating margin widened to 10.1 per cent (7.0).
Profit for the period increased to SEK 106 m (54).
Earnings per share increased to SEK 3.17 (1.62).
Cash flow from operating activities increased to SEK 242 m (150).
Acquisition of Claytex Services Ltd. of the UK with net sales of SEK 25 m.
Acquisition of DESYS GmbH of Germany with net sales of approximately SEK 170 m.
Acquisition of Microdesk, with net sales of USD 110 m (approx. SEK 1,000 m), with operations in the USA and UK.
The Board of Directors is proposing a 4:1 share split.

SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

No significant events have occurred since the end of the period.

About Addnode Group

Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and digital services to markets in which the group have or can achieve a leading position. We are one of Europe's leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden.

We are 2,300 employees in Sweden, UK, Germany, Australia, Austria, Canada, Denmark, Finland, France, India, Ireland, Japan, Lithuania, Netherlands, Norway, Poland, Serbia, Slovakia, and USA. Net sales in 2021 amounted to SEK 4.1 billion. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com