Sagax

Sagax has established the following financial targets:

• Return on equity of at least 12% per year over the period 2026–2030.
• Growth in profit from property management per Class A and B share of 5–10% per year over the period 2026–2030.

These targets replace the financial targets established in 2013, which were as follows:

• Return on equity, measured over a five-year period, shall exceed 15% per year.
• Profit from property management per Class A and B share shall increase by a minimum of 15% per year.

Over the past five years, return on equity has averaged 14% per year. Profit from property management per Class A and B share increased 4% in 2025 and by an average of 15% per year over the same five-year period.

If the 2026 forecast, as presented in Sagax’s year-end report for 2025, is achieved, Sagax will have delivered a compound annual growth rate (CAGR) of 18.6% since 2013, when the targets were established. Since 2013, the company has achieved the target of at least 15% annual increase in profit from property management per Class A and B share in 10 of the 12 years.

Sagax’s dividend policy remains unchanged.

Comment from David Mindus, Chief Executive Officer, AB Sagax:

- “As a result of the company having achieved its financial targets over a long period, Sagax is today a substantially larger company with a more conservative capital structure than in 2013, when the current targets were established. To provide shareholders with a clearer view of what the company considers achievable in the years ahead, we are today publishing new financial targets for the period 2026–2030.”