Essity AB (publ)

and welcome to ESRI's presentation of the fourth quarter and full year 2023. My name is Sandra Åberg, I'm Head of Investor Relations, and joining me today are our CEO, Magnus Groth, and our CFO, Fredrik Rystedt. Magnus and Fredrik will go through the results, and after that, we are very much looking forward to your questions. I would just like to kindly remind you to have one question per call. And any additional questions, please reach out to me after. We will also be roadshowing in Stockholm today and in London tomorrow and in the US next week. So if you would like to meet with us, please let us know. With that, we are ready to get started and I'll invite Magnus on the scene. Magnus, please.

Thank you, Sandra, and good morning, everyone, to this year-end report of the best year ever for Essity, and of course also a thorough follow-up on the fourth quarter. Just as a reminder that every day our brands care for the hygiene and health of over a billion people in 150 countries. And it's done through our fantastic leading global brands, where in many cases these brands are multi-billion dollar brands or billion dollar brands. and in good health and, of course, a fantastic starting point for us as we continue our profitable growth journey. So, what's really, really new, of course, for the first time now, we are presenting the SCT Group with Vinda as a discontinued operation. And as many of you remember, Vinda accounted for approximately 17%

of sales. So this is what the full year 2023 numbers look like without the net of 147 billion, 18.9 billion of adjusted EBITDA, which is the highest. ever with or without vinda and 36 000 please 2023 it was a very very busy year we achieved the highest profit ever and we have created now