COMMENTS ON THE RESULT

JANUARY - DECEMBER 2023
- Rental income amounted to SEK 48 million (53). The decrease from the previous year is primarily attributable to the sale of Klippudden Fastigheter to a jointly owned JV company, which took place on February 14, 2022.
- Other income of SEK 5 million (0) is primarily a non-recurring effect from insurance compensation in the event of a fire, which also affected operating costs to a corresponding degree.
- Net operating income amounted to SEK 27 million (26).
- Profit from associated companies had a negative impact of SEK -749 million (-437).
- Change in value of investment properties amounted to SEK -74 million (-28).
- Profit before tax for the period amounted to SEK -873 million (-478).
- In June 2023, Holmström Fastigheter signed an agreement to sell all of the company's shares in Magnolia Bostad AB (publ)'s owner company HAM Nordic AB to Areim. In connection with the signed agreement, Areim obtained full control of Magnolia Bostad and Holmström Fastigheter received a purchase price of SEK 111 million and reclassified the remaining asset as other long-term securities holdings. Holmström Fastigheter still owns 21.8% of the shares in HAM Nordic, but they are agreed to be relinquished gradually as the capital raising for Magnolia Bostad takes place and may bring in an additional SEK 177 million to Holmström Fastigheter. In the event of a failure to raise capital, Holmström Fastigheter may receive up to approximately SEK 89 million in a divestment of HAM Nordic AB. The agreement with Areim extends until 2033-06-30.

OCTOBER - DECEMBER 2023
- Rental income amounted to SEK 12 million (10).
- Net operating income was SEK 6 million (3).
- Profit/loss from associated companies amounted to SEK -169 million (-193), which relates to capital shares from Ankarhagen and Vincero Fastigheter, which generated SEK -1 million and SEK -167 million respectively during the period.
- The result from other securities and receivables relates to the adjusted valuation of the remaining holding in HAM Nordic of approximately SEK -4 million, as well as the revaluation of other securities of approximately SEK -5 million.
- The change in value of investment properties during the period amounted to SEK 20 million (-38). The change during the quarter is primarily an effect of energy investments, rent indexation and potential in conversion projects to tenant-owned apartments.
- Profit before tax for the period amounted to SEK -165 million (-235).

SIGNIFICANT EVENTS OCTOBER - DECEMBER 2023
- During the quarter Holmström Fastigheter extended the short-term interest-bearing liabilities of SEK 127 million by one year.
- During the period it was communicated that Fredrik Holmström takes over the position as CEO of Holmström Fastigheter Holding AB (publ). Fredrik succeeds Erik Rune who stays in his operational role until April 12, 2024. In connection with that, Erik also ends as a board member in Holmström Fastigheter.

SIGNIFICANT EVENTS AFTER THE END OF THE QUARTER
- No significant events after the end of the quarter.