Year-end report 2025 Cibus Nordic Real Estate AB (publ)

October - December 2025 (compared with October - December 2024)

• Rental income amounted to EUR 44.3 million (31.0).
• Net operating income totalled EUR 41.7 million (28.7).
• Profit from property management was EUR 19.3 million (11.1). Profit from property management, excluding non-recurring costs and exchange rate effects, amounted to EUR 20.5 million.
• Earnings after tax amounted to EUR 27.3 million (2.6), corresponding to EUR 0.33
  (0.03) per share.
• Unrealised changes in value affected by EUR 7.0 million (-7.7) on properties and by
  EUR 3.2 million (-0.5) on interest rate derivatives.

January - December 2025 (compared with January - December 2024)

• Rental income amounted to EUR 166.7 million (122.4).
• Net operating income totalled EUR 157.6 million (116.5).
• Profit from property management was EUR 98.6 million (46.9). Profit from property management, includes a non-recurring income item of EUR 20.5 million regarding negative goodwill in connection with the acquisition of Forum Estates, as well as non-recurring costs and exchange rate effects of EUR -2.5 million. Profit from property management, excluding non-recurring items and exchange rate effects, amounted to EUR 80.6 million.
• Earnings after tax amounted to EUR 91.4 million (-4.8), corresponding to EUR 1.14 (-0.12) per share.
• Unrealised changes in value affected by EUR -0.5 million (-44.7) on properties and by EUR -1.4 million (-9.8) on interest rate derivatives.
• EPRA NRV amounted to EUR 1,066.2 million (734.8) corresponding to EUR 13.0 per share (11.7)