Epiroc AB (publ)

Hello, everyone, and a warm welcome to the EPIROC Q3 2026 results presentation. My name is Karin Larsson, head of IRN Media, and joining me today are our CEO, Helena Hedblom, and our CFO, Håkan Folin. We will take you through the highlights of the quarter, followed by a Q&A session, and you all know the drill.

Helena, please, go ahead. Thank you, Karin, and also from me, a warm welcome to this call. So let me start with safety. This quarter, we have a very tangible example of how our technology can make a real difference. During a fire at a mining operation in the Fresnelio district in Mexico, around 350 people were evacuated. which is significantly quicker than without this solution. And for me, this demonstrates what innovation at EPROC is really about. Creating real customer value, making operations safer, more productive and ultimately better. strong mining demand. Group orders increased 12% organically to 17.5 billion in Botswana, our second largest order ever. Revenues increased 7% organically to 16.8 billion, and more importantly, we combined this growth with improved profitability. The adjusted operating margin increased And while delivering today, we are also investing in initiatives that strengthen our long-term competitiveness and support future growth. So during the quarter, we integrated our modernized Kalmar facility in Sweden, a world-leading manufacturing site for hydraulic attachments. Center in Örebro in Sweden. And the transfer of tools production from Langley in Canada to Matuala in Mexico is also proceeding according to plan. So let's look a little bit closer at the demand. So orders increased 15 months remained stable. What I particularly like in this quarter is the wide span of the mining demand. So we saw strong demand for exploration and for underground equipment as well as for digital solutions, but the demand picture is broader than individual large projects, which gives us confidence in the underlying health of our mining business. The business cooking is good and the pipeline of possible orders remains strong. and we continue to strengthen that position. Through the acquisition of EventSpec, we have further strengthened our service capability and presence in South Africa. Our innovations are made for mining and infrastructure applications. Our digital monitoring solution YieldPoint that detects rock movement at micrometer scale and provides insights into rock stability has been deployed in a 3,000-year-old tomb in Egypt. Our solution safeguards that the site is safe and that it can be used for seamless autonomous underground to surface haulage. Trucks often operate over long distances and many times from an underground production area to advanced obstacle detection customers can now enjoy real and meaningful productivity gains so let me show you a short film on the haulage solution so the new system that Epiroc has developed this 3D scanning enables the machine to come out of the mine and then continue on its autonomous path

The move from 2D to 3D sensors enables seamless transitions between underground and