Nobia AB (publ)

Good day and thank you for standing by. Welcome to the Nobia Q3 Report 2026 conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1, 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Jesper Gylling Olsen, CEO. Please go ahead.

Hello, everyone, and welcome to NOBIA Q3 2026 earnings call. The presentation will be held by me, Jesper Gylling Olsen, and our new group Group CFO, Rasmus Laursen, who recently stepped into the role in August. With that said, let's start the presentation. This is my first full quarter as CEO of Nobia, and I find it very important in providing transparency on where Nobia are today, the challenges we have been addressing, and that we are taking to fundamentally strengthen the business. Novia possesses a very strong brand portfolio. This is a significant strength and a unique platform for future value creation. However, we approach the task ahead with both confidence and humility. We recognize The responsibility of transforming these strengths into a simpler, more competitive and a higher performing business. Our focus is on building the right foundation for the future strength of our operating model, improving profitability and enhancing the customer experience across all brands and channels. By doing so, We will create value for every stakeholder in our ecosystem and establish a stronger Novia for the years ahead. Therefore, we have initiated a comprehensive transformation focused on performance improvement, cost competitiveness, operational excellence, and a simplified Nordic operating model. During this call, I will provide an update on the progress achieved so far The work currently underway and the strategic priorities that we will support future sustainable profitability. One important pillar is to have more effective Nordic organization. During the quarter, we have presented a new organizational design for NOVIA as a Nordic group. and yesterday we announced the next steps in our organizational transformation, which will deliver material cost savings going forward. The second pillar is our consolidated supply chain. During the quarter, we have taken actions to stabilize volumes and deliver performance at Novia Park, while we also continue the assessment of our Nordic supply chain. Both very important steps in building a stronger Novia for the future. I will come back to these actions in more detail later in the presentation. With this introduction, let's move forward for the financial performance.

Q3 financial highlights.