Parent Company

Epiroc AB is the ultimate Parent Company of the Epiroc Group and is headquartered in Nacka, Sweden. Its operations include administrative functions for the Group.

Earnings

The operating loss was MSEK -146 (-111). Profit before tax totaled MSEK 3 985 (5 143). Profit for the year amounted to MSEK 3 168 (4 097).

Financing

Total assets were MSEK 65 997 (68 299) at year-end. Interest bearing liabilities, excluding. post-employment benefits, totaled MSEK 17 056 (18 147). Equity represented 73% (73) of total assets and non-restricted equity totaled MSEK 47 825 (49 141).

Employees

The average number of employees was 54 (53), of which 57% were women. On December 31, 2025, the number of employees was 57 (51).

Remuneration

Principles for remuneration, fees and other remuneration paid to the Board of Directors (Board), the President and CEO, and other members of Group Management, other statistics and the guidelines regarding remuneration and benefits to Group Management as approved by the Annual General Meeting (AGM) are specified in the "Corporate Governance Report" and in note 5.

Financial risks

Epiroc is subject to currency risks, interest rate risks and other financial risks. Epiroc has adopted a policy to control the financial risks to which Epiroc AB and the Group are exposed. A financial risk management committee meets regularly to make decisions about how to manage these risks. See "Risk Management" and note 29.

Shares and share capital

At year-end, Epiroc AB’s share capital totaled MSEK 500 (500). The total number of issued Epiroc shares was 1 213 738 703 shares, of which 823 765 854 shares were class A and 389 972 849 shares were class B.

Performance-based long-term incentive program

The Board of Epiroc has been authorized to purchase, transfer and sell the company’s own shares in relation to Epiroc’s performance-based personnel option plans. At year-end 2025, Epiroc held 4 695 191 A shares. The Board will propose to the Annual General Meeting (AGM) 2026 a similar performance-based long-term incentive program as in the previous year. The participation in the plan will continue to require own investment in Epiroc AB shares for Group Management. The details of the proposal will be communicated in connection with the Notice of the AGM. See "The Epiroc Share" and notes 21 and 25.

Appropriation of profit

The Board proposes to the AGM a dividend of SEK 3.80 (3.80) per share, which corresponds to a total of MSEK 4 594 (4 594). The dividend is proposed to be paid in two equal installments with record dates May 7 and October 19, 2026. It is also proposed that the balance of retained earnings after the dividend shall be retained in the business.

The Board hereby makes the statement in accordance with Chapter 18, Section 4 of the Swedish Companies Act. The Board notes that there will be full coverage for the company’s restricted equity. The Board makes the assessment that the company’s and the Group’s equity after the distribution to shareholders will be able to sustain the requirements, which the nature, size and risks of the business present. The Board further considers the actions reasonable in light of the company’s and the Group’s consolidation requirements, liquidity and position in general. The distribution is not assumed to present any risk for the company’s or the Group’s ability to fulfill its short or long-term payment obligations, nor the ability of the company to make required investments. Reflecting this, the Board considers the proposed dividend distribution to be compatible with the rules of reason expressed in the Swedish Companies Act (2005:551) chapter 17 § 3 paragraphs 2-3.

SEK
Retained earnings incl. fair value reserve	44 656 785 351
Profit for the year	3 168 444 236
Total	47 825 229 587

The Board of Directors proposes that these earnings shall be appropriated as follows:
To the shareholders,
- a dividend of SEK 3.80 per share*	4 594 365 346
- to be retained in the business	43 230 864 241
Total	47 825 229 587

* Based on number of shares outstanding at the balance sheet date.