Scandinavian Enviro Systems

Period of January-March 2026

• Net revenues for the period were MSEK 7.3 (7.4)
• Earnings after tax for the period were MSEK -80.5 (-23.4)
• Earnings per share for the period (before dilution) was SEK -0.07 (-0.03)
• Cash flow for the period after investments was MSEK -38.3 (-43.9)
• Enviro announces leadership transition where Fredrik Aaben is appointed CEO and Maria Ljungstrand is appointed CFO
• Enviro has received a request for arbitration
• Enviro applies for company reorganization and provides update on expected liquidity
• Board member of Scandinavian Enviro Systems resigns at her own request
• Enviro files for bankruptcy of subsidiary Tyre Recycling in Sweden AB. The bankruptcy results in an impairment loss in the parent company of MSEK 80.8
• Enviro signs Letter of Intent for technology licensing in North America
• Enviro terminates agreements relating to the Infiniteria joint venture collaboration as part of ongoing corporate reorganization

Significant events after end of period

• Scandinavian Enviro Systems’ representatives step down from the Board of Directors of the joint venture Infiniteria
• Enviro has been informed that Infiniteria intends to request the termination of the company reorganization and disputes terminations of joint venture agreements and announces damage claims
• Notice of extraordinary General Meeting in Scandinavian Enviro Systems AB (publ)
• The District Court rules that Scandinavian Enviro Systems AB (publ) company reorganization shall continue after Enviro responded to Infiniteria’s request to terminate the reorganization.