COMMENTS TO THE RESULTS

JANUARY – JUNE 2025
· Rental income amounted to SEK 26 m (24).
· Net operating income was SEK 14 m (13).
· Profit/loss from associated companies and joint ventures was SEK -22 m (-17).
· Changes in the value of investment properties was SEK 0 m (0). Property valuations are carried out annually with the valuation date of 31 December.
· Profit/loss before tax for the period was SEK -91 m (-41).
 
APRIL – JUNE 2025
· Rental income amounted to SEK 14 m (12). 
· Net operating income was SEK 9 m (6).
· Profit/loss from associated companies and joint ventures was SEK -16 m (-11).
· Changes in the value of investment properties was SEK 0 m (0). Property valuations are carried out annually with the valuation date of 31 December.
· Profit/loss before tax for the period was SEK -69 m (-22).
 
SIGNIFICANT EVENTS APRIL – JUNE 2025
· Holmström Fastigheter initiated a written procedure regarding the company’s senior secured bond.
· The results from other securities have been negatively affected by the reduced net asset value in Esmaeilzadeh Holding AB (publ).

SIGNIFICANT EVENTS AFTER THE END OF THE QUARTER
· The written procedure regarding the company’s senior secured bond was approved, entailing:
                -Removal of the mandatory amortisation in October 2025.
                – A change from cash interest payment to PIK interest.
                – Adjustment of the minimum liquidity requirement.
                – Addition of a mandatory Cash Sweep.