Catena AB (publ)

Hi everyone and welcome to this conference call for Q1 2023.

We start off by giving a short summary of the first quarter followed by a short overview of our business. We will then proceed to the business. where we will touch upon our current growth initiative. Sophia and David will then walk through the numbers in the financial update, and we will then open up for the Q&A. Starting off with the summary of the first quarter, we continue to report rental income growth driven by acquisitions, projects, and stronger likes. numbers driven by our CPI-linked contracts. We also report a very strong rating ratio of 97.5%, and the LTV at 35%. gives us a lot of opportunities going forward. The transaction of two ICA assets were closed at the 1st of February. Further, we announced new development in yen shopping of 379 million SEK and we have started to invest in solar panels and energy storage. With that said, we stick to our plan and what we told the market how to use to proceed rates in November. On a similar theme as we saw in Q4,

2022, we're going through a trying macro environment with decreasing consumer confidence impacting the majority of the segments. Adding to the market situation in the banking terminal, which started in the US with Silicon Valley Bank and recently the takeover of Credit CIS by UBS. While this event, of course, raises risk levels among the sector, we are not currently seeing an effect on the Swedish banking system, who major players are supportive of our strategy. Looking at some of our key metrics for logistics, we have seen in the latest PostNord report that e-commerce sales are down 7% for 2022. Have in mind here that despite the decrease, we are still above historic levels. One more granular metric for our business is the volume of small packages that goes through the logistics system.