Investment AB Latour

This week the purchasing group met in Gothenburg, a group that makes sure to utilize the strength of being a large corporate group. Thanks to MAXAGV for letting us visit you! Latour - Creates long-term value Alimak Group AB - CTEK - Fagerhult - HMS Networks - Troax Global Bemsiq Group - Innovalift AB - Hultafors Group - Latour Industries - Nord-Lock Group - Swegon Group - CALJAN

Investment AB Latour is one of the exhibitors at Handelshögskolan vid Göteborgs universitet career fair GADDEN!🌟 The fair is taking place the 6-7th of November 2024, come and talk to us today! Latour - Creates long-term value

🔔 Interim report January – September 2024 🔔 "The third quarter saw continued positive growth for Latour’s industrial operations. Despite the current economic downturn, demand is relatively robust although the picture varies across segments and geographic regions. Demand has been relatively positive for several of our operations in both the third quarter and the first nine months of the year". Read more in the report. - Latour creates long-term value

On the 22nd of October, 90 participants from across Latour’s operations came together in Gothenburg for the launching event of Latour Female! ✨ Latour Female is a network dedicated to all women within Latour’s wholly owned operations, with the purpose of promoting gender equality in our industry and offering an inspiring space for women to meet and grow. The project group behind this initiative consists of four women within different parts of the Latour Group: ▪️ Matilda Kemborn, Group Controller at Latour Industries ▪️ Ida von Ekensteen (f.d Berntsson), Sustainability and Compliance Manager at Investment AB Latour ▪️ Paula Karlsson, Group Financial Controller at Swegon Group ▪️ Clara-Beatha Björck, Corporate Development Analyst at Swegon Group Latour- Creates long-term value

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🔔 Interim report January – June 2023 🔔 "Latour’s industrial operations are developing positively despite the economic downturn. The order intake increased by 7 per cent in the second quarter. Adjusted for acquisitions and exchange rate effects, this equates to an increase of 5 per cent. Net sales were down 1 per cent. The comparative figures for net sales are tough, as they were at a record high in the same quarter a year ago due to the recovery in the logistics chains. Adjusted for acquisitions and exchange rate effects, the decline in net sales growth is 4 per cent. The operating profit was affected by the slightly lower volumes, decreasing by 8 per cent to SEK 939 m (1,020 m) with an operating margin of 14.4 (15.4) per cent. Our strong gross margins and good cost control are keeping profitability at a healthy level. Overall, we are satisfied with the performance delivered in the second quarter." Read more in the attached report Johan Hjertonsson President and CEO Latour - creates long-term value

"Access to clean and hot water is a prerequisite for health, hygiene, equality, and sustainability." 🌍 💧 ☀ The project in Uganda continues to create great improvements and conditions for the families who have now received Latours Solvatten. Latour's collaboration with Solvatten has helped make a difference for hundreds of children and their families through the Solar Water Purification for Rural Communities project. The support has not only improved the standard of living for families in some of Uganda's poorest regions, it has also created opportunities for a better future. Together, we are building a more sustainable and just world. 💚 Latour- Creates long-term value

✨Latour acquires QEL in Canada and expands further in North America ✨ Investment AB Latour (publ) has, through its wholly-owned subsidiary Bemsiq, acquired 100 per cent of the shares in Quatrosense Environmental Ltd (QEL). Established in 1986, QEL is a pioneer within the gas detection space and has almost 40 years of experience in the development of hardware and software devices for gas detection applications with a strong focus on design and technology. The company has its head office and manufacturing in Richmond, Ontario, Canada and customers around the world. QEL has a full suite of indoor air quality and refrigerant gas detection products. Specialized equipment and turnkey systems have also been developed for numerous markets including the Mining, Petrochemical and Brewery verticals. Bemsiq has created a strong position within the building automation field device market in Europe and North America in recent years, and the investment in QEL expands Bemsiq’s product range with a full-service gas detection offering. QEL, will operate within the Bemsiq Group as a wholly owned subsidiary of Greystone Energy Systems Inc. The QEL and Greystone product lines are very complimentary. QEL has 15 employees, a revenue of 8 MCAD (FY2023) and a profit level well above Latour’s financial target. "We want to give our warmest welcome to all QEL employees. We have known and followed QEL for many years and are impressed by their position and growth journey within the gas detection market. The complementary product lines between Greystone and QEL offer significant new growth opportunities for Bemsiq from a product and application perspective. In addition, we have the ability to take the QEL product around the world through our subsidiaries in Dubai, India, Singapore and Malaysia. This is now Bemsiq’s third acquisition in North America and we are looking forward to continuing our expansion in the region”, says Mikael Johnsson Albrektsson, CEO at Bemsiq. "We are very excited about joining the Bemsiq Group family of companies. The onboarding of Bemsiq as a new owner gives us the opportunity to reinforce our development plan, strengthen our market position and serve QEL’s customer base in the best possible way going forward”, says Dave Jenkins, founder of QEL. As an effect of the acquisition, the net debt (excl. IFRS 16) of the Latour Group increases to approximately SEK 10.5 billion compared to the net debt level at the end of March 2024, all else equal. For further information, please contact: Mikael Johnsson Albrektsson, CEO Bemsiq AB, +46 733 23 3606 Tobias Rådegård, Head of Business Development, Bemsiq AB, +46 730 91 3155 Robin Drummond, CEO Greystone and Head of Bemsiq North America, +1 (506) 871 8711

✨ Latour’s newest business area Innovalift gets a leading position through the acquisition of Arkel ✨ Investment AB Latour (publ) has, through its wholly-owned business area Innovalift AB, signed an agreement to acquire 100 per cent of the shares in Arkel based in Istanbul, Türkiye to expand its geographic reach and complement its product portfolio of components for elevators. Arkel is a leading Turkish manufacturer of components for elevators, for both new installations and the growing modernization segment. The company, founded in 1998, manufactures and sells complete control systems, integrated drive units and a broad range of related electronic components for elevators. Net sales amounts to approximately EUR 62 m (pro-forma), of which Türkiye, continental Europe, and India are the key markets. Arkel employs about 410 colleagues and has a profitability well in line with Latour’s wholly-owned industrial operations. "We are happy to welcome Arkel into the Innovalift family. Through this acquisition, we significantly strengthen Innovalift’s position within control systems and related elevator components, while we also get access to new geographic markets. We look forward to collaborating with all employees and to be growing and developing the company further”, says Andrea Veggian, CEO of Innovalift. "I am confident that Arkel will benefit from being a part of the Innovalift family, and the resulting collaboration across the companies. I am certain that this will benefit all our customers and employees”, says Cenk Ceylan, CEO of Arkel. "We are honored and happy to hand over Arkel to Innovalift, and look forward to be following the company’s continued development”, says current owners Mehmet Melih Küçükçalık, co-founder of Arkel, and Cenk Coskunturk, Partner at Mediterra Capital. As an effect of the acquisition, the net debt (excl. IFRS 16) of the Latour Group increases to SEK 12.0 billion compared to the net debt level at the end of March 2024, all else equal. The acquisition is subject to competition clearance approval by authorities in Türkiye. For further information, please contact: andrea veggian, CEO Innovalift AB, +39 335 81 82 226 Anders Ardstål, Investment Director, Investment AB Latour, +46 737 14 55 67 Jens Synneby, Investment Director, Investment AB Latour, +46 709 95 54 26

✨ Latour acquires HC Groep ✨ Investment AB Latour has, through its wholly-owned subsidiary Swegon Group AB, signed an agreement to acquire HC GROEP | Binnenklimaattechniek. Closing is expected to take place in August 2024. HC Groep, owned by Gilde Equity Management (GEM) since 2020, was founded in 1995 and has today 386 employees with head office and production in Waalwijk, Netherlands. Net sales in 2023 amounted to EUR 106 million with a profitability well in line with Latour’s wholly-owned operations. The acquisition is subject to competition clearance approval by authorities in the Netherlands. HC Groep is a market leader in the area of indoor climate technology, with a strong position on the Dutch market. The company has a high-end product offering of 10 business labels, covering the entire building’s indoor climate systems, including building automation. HC Groep will continue to operate in the Dutch market under their own name and under current leadership. “I am glad to welcome HC Groep to the Swegon family. HC Groep have a broad product and solutions offering as well as commercial relationships throughout the value chain in the Dutch market, one of the most progressive markets when it comes to sustainable buildings. HC Groep are engaged in both new build and renovation projects and we are glad to have partnered with such an accomplished leader in this field. The strong and well-reputed brands of HC Groep in combination with their effective and entrepreneurial structure, will be a great asset to the Swegon family”, says Andreas Örje Wellstam, CEO at Swegon Group. “We are welcoming Swegon to the Netherlands and to HC Groep. With over three decades of experience, we will continue to create living and working environments in which we put people’s well-being first”, says Ron van Kan, Co-CEO at HC Groep. “We are very grateful for our valuable years with Gilde and now look forward to taking the next steps. Together with Swegon we are committed to continue investing in our operations and services, and in our position as a frontrunner of sustainable building solutions. Swegon’s excellent international network will be beneficial for HC Groep’s long term future growth”, says Jos van Gelder, Co-CEO at HC Groep. As an effect of the acquisition the net debt of the Latour Group is expected to increase with about SEK 1.8 billion. For further information, please contact: Andreas Örje Wellstam, CEO Swegon +46 31 89 58 00 Rebecca Palm Ballesta, Corporate Development Swegon +46 31 89 58 00 - Latour creates long-term value