CONTINUED STRONG GROWTH AND STRONGER EBITA MARGIN

THIRD QUARTER SUMMARY, JULY–SEPTEMBER 2021

Net sales increased by 15 per cent to SEK 925 m (806), of which 8 per cent was organic.

Currency-adjusted organic growth was 7 per cent.

EBITA increased to SEK 108 m (84), and the EBITA margin increased to 11.7 per cent (10.4). EBITA in the preceding year was charged with restructuring costs of SEK 8 m.

Operating profit increased to SEK 67 m (52), and the operating margin grew to 7.2 per cent (6.5).

Profit for the period increased to SEK 49 m (37).

Earnings per share increased to SEK 1.46 (1.11).

Cash flow from operating activities was SEK -21 m (-66).

Acquisition of the Polish company Budsoft Sp. z o.o., with net sales of SEK 20 m.

The Board of Directors decided, through support of an AGM authorisation, to repurchase Class B shares.

SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

No significant events have taken place after the end of the reporting 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 1,900 employees in Sweden, UK, Germany, Australia, Austria, Canada, Denmark, Finland, France, India, Ireland, Japan, Netherlands, Norway, Poland, Serbia, Slovakia, and USA. Net sales in 2020 amounted to SEK 3.8 billion. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com