Sitowise Group Plc: Sitowise's restated financial information for 2025 and the first quarter of 2026, with Sitowise Sverige AB presented as a discontinued operation following the divestment

Sitowise Group Plc Other information disclosed according to the rules of the Exchange 10 August 2026 at 10.45 a.m.

Sitowise Group Plc announced on 9 June 2026 that it had signed an agreement on the sale of its Swedish subsidiary, Sitowise Sverige AB (the Swedish business area). The sale was completed on 31 July 2026. Sitowise presents Sitowise Sverige AB as a discontinued operation starting from the interim report for the second quarter of 2026.

In accordance with IFRS 5, Non-current Assets Held for Sale and Discontinued Operations, the profit or loss from the discontinued operation is presented separately from income and expenses of continuing operations in the consolidated income statement, with prior periods restated for comparison. Intra-group revenues and expenses between continuing and discontinued operations are eliminated.

The discontinued operation comprises revenue and operating expenses directly attributable to the Sweden business area, together with costs related to continuing operations that will not continue after the sale transaction or that would have been avoided had the sale occurred. Certain costs incurred from the design software used by the Sweden business area are excluded from the discontinued operation. As a result, the financial information shown for continuing operations and for the Sweden business area (as discontinued operations) does not fully reflect the standalone historical or future profitability of either business before or after the divestment.

In accordance with IFRS 5, the statement of financial position for the comparison year is not restated.

The figures in this release are unaudited.

Sitowise Group Plc

Additional information:
Sanna Sormaala, CFO, tel. [phone]

Distribution

Nasdaq Helsinki Ltd

Key media

www.sitowise.com

Sitowise in brief

Sitowise is a Nordic expert in technical consulting and digital solutions. Our mission is to engineer the foundation of Nordic resilience. We design infrastructure, buildings and cities that stand the test of time and change. We enhance society's operational reliability by developing critical infrastructure and ensure the sustainable use of the environment and natural resources. We operate in three business areas: Infra, Buildings and Digital solutions. The Group's restated net sales in 2025 were EUR 162 million, and the company employs approximately 1,700 experts. Sitowise Group Plc is listed on the Nasdaq Helsinki stock exchange under the trading symbol SITOWS.

Restated financial information for 1-3/2026 and 2025
The figures are unaudited

SITOWISE KEY FIGURES (restated)

EUR million	1-3/2026	1-3/2025	4-6/2025	7-9/2025	10-12/2025	1-12/2025
FINANCIAL
Net sales	41.2	41.1	42.6	35.7	42.8	162.3
Adjusted organic growth, %	-0.3%	-1.1%	1.5%	-1.8%	2.1%	0.5%
EBITA, adjusted	2.5	3.2	3.2	3.1	2.7	12.2
% of net sales	6.2%	7.8%	7.4%	8.8%	6.2%	7.5%
EBITA	1.7	2.0	2.9	3.1	2.4	10.4
Operating profit	0.8	1.1	2.0	2.2	1.5	6.8
% of net sales	1.9%	2.7%	4.7%	6.1%	3.6%	4.2%
Result for the period	-0.6	-0.3	0.4	0.7	0.3	1.1
Cash flow from operating activities before financial items and taxes	1.9	0.5	7.2	-2.9	14.1	18.8
Net debt	73.6	86.1	81.7	86.9	72.6	72.6
Net debt / EBITDA, adjusted	4.5x	5.1x	4.9x	5.4x	4.3x	4.3x
Equity ratio, %	33.7%	43.4%	43.1%	44.6%	33.4%	33.4%
Earnings per share (EPS), EUR	-0.02	-0.01	0.01	0.02	0.01	0.03
OPERATIONAL
Number of full-time equivalent employees	1,480	1,497	1,581	1,488	1,464	1,494
Utilization rate	73.2%	72.1%	74.7%	74.3%	74.1%	73.8%
Number of working days	62	62	60	66	63	250
Order book at the end of period	138	148	138	139	141	141

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (restated)
EUR thousand	1-3/2026	1-3/2025	4-6/2025	7-9/2025	10-12/2025		1-12/2025
Net sales	41,245	41,098	42,631	35,688	42,834		162,252
Other operating income	142	106	78	112	102		398
Materials and services	-4,088	-3,645	-4,680	-4,151	-5,658		-18,135
Employee benefits	-29,126	-28,992	-28,485	-22,575	-28,029		-108,081
Other operating expenses	-5,236	-5,131	-5,256	-4,609	-5,441		-20,454
Depreciation, amortization, and impairment	-2,143	-2,347	-2,294	-2,304	-2,279		-9,209
Operating profit	793	1,090	1,993	2,161	1,529		6,770
Financial income	88	179	20	61	234		494
Financial expenses	-1,720	-1,641	-1,504	-1,456	-1,402		-6,002
Result before taxes	-840	-373	509	766	360		1,262
Income taxes	196	102	-91	-113	-35		-142
Result for the period, continuing operations	-644	-270	418	652	324		1,120
Result for the period, discontinued operations	-673	-1,136	-830	-1,378	-40,210		-43,550
Result for the period	-1,317	-1,407	-412	-725	-39,886		-42,431
Attributable to:
Owners of the parent	-1,317	-1,407	-412	-725	-39,886		-42,431
Other comprehensive income:
Items that may be reclassified to profit or loss
Change in translation difference	-92	2,907	-1,425	412	196		2,091
Cash flow hedging, net of tax	190	31	-65	130	-165		-70
Other change	47	0	48	0	1,779		1,826
Total for items in other comprehensive income	144	2,938	-1,442	542	1,810		3,847
Total comprehensive income	-1,173	1,531	-1,855	-184	-38,075		-38,583
Comprehensive income attributable to:
Owners of the parent	-1,173	1,531	-1,855	-184	-38,075		-38,583
Total comprehensive income attributable to owners
of the Parent company arises from:
Continuing operations:	-491	177	191	843	2,103		3,309
Discontinued operations:	-682	1,353	-2,045	-1,027	-40,178		-41,893
Earnings per share:
Earnings per share
Continued operations	-0.02	-0.01	0.01	0.02	0.01		0.03
Discontinued operations	-0.02	-0.03	-0.02	-0.04	-1.08		-1.17
Diluted earnings per share
Continued operations	-0.02	-0.01	0.01	0.02	0.01		0.03
Discontinued operations	-0.02	-0.03	-0.02	-0.04	-1.08		-1.17

Discontinued operations

EUR thousand	1-3/2026	1-3/2025	4-6/2025	7-9/2025	10-12/2025	1-12/2025
Net sales	7,721	7,024	7,188	4,757	7,364	26,333
Other operating income	13	51	1	24	29	76
Materials and services	-860	-908	-1,069	-551	-971	-3,498
Employee benefits	-5,822	-5,439	-5,598	-4,157	-5,352	-20,547
Other operating expenses	-1,192	-1,330	-738	-1,009	-1,057	-4,117
Depreciation, amortization, and impairment	-670	-754	-749	-745	-40,312	-42,575
Operating profit	-811	-1,357	-965	-1,682	-40,299	-44,329
Financial income	0	-1	0	13	9	20
Financial expenses	-98	-115	-99	-94	-101	-412
Result before taxes	-909	-1,474	-1,064	-1,764	-40,391	-44,721
Income taxes	236	337	233	385	180	1,141
Result for the period, discontinued operations	-673	-1,136	-830	-1,378	-40,211	-43,580
Other comprehensive income:
Items that may be reclassified to profit or loss
Change in translation difference	-9	2,490	-1,215	351	32	1,658
Cash flow hedging, net of tax
Other change
Total for items in other comprehensive income	-9	2,490	-1,215	351	32	1,658
Total comprehensive income, discontinued operations	-682	1,353	-2,045	-1,027	-40,179	-41,922

Financial information (restated)

NET SALES
EUR thousand	1-3/2026		1-3/2025				4-6/2025	7-9/2025			10-12/2025				1-12/2025
Infra	18,756		17,642				19,208	16,108			20,209				73,167
Talo	13,177		14,175				14,056	11,270			13,265				52,766
Digi	9,311		9,282				9,367	8,310			9,361				36,320
Total	41,245		41,098				42,631	35,688			42,834				162,252
Adjusted organic growth
EUR thousand	1-3/2026		1-3/2025				4-6/2025	7-9/2025			10-12/2025				1-12/2025
Infra	6%		4%				8%	3%			11%				7%
Talo	-7%		-10%				-8%	-8%			-4%				-8%
Digi	-3%		5%				4%	-2%			-7%				2%
Total	0%		-1%				1%	-2%			2%				1%
PERSONNEL
		1-3/2026		1-3/2025		4-6/2025			7-9/2025			10-12/2025				1-12/2025
Number of personnel, average		1,620		1,721		1,720			1,688			1,646				1,694
Number of personnel, at the end of the period		1,615		1,715		1,716			1,676			1,633				1,633

Financial and alternative performance measures (restated)

EUR thousand	1-3/2026	1-3/2025	4-6/2025	7-9/2025	10-12/2025	1-12/2025
Net sales	41,245	41,098	42,631	35,688	42,834	162,252
Growth in net sales, %	0.4%	-2.0%	0.6%	-1.0%	3.8%	0.4%
Adjusted organic growth in net sales, %	-0.3%	-1.1%	1.5%	-1.8%	2.1%	0.5%
EBITA, adjusted	2,537	3,189	3,160	3,133	2,675	12,154
% of net sales	6.2%	7.8%	7.4%	8.8%	6.2%	7.5%
EBITA	1,693	1,999	2,917	3,073	2,441	10,427
Result for the period	-644	-270	418	652	324	1,120
Full-time equivalent (FTE), average	1,480	1,497	1,581	1,488	1,464	1,494
Utilization rate	73.2%	72.1%	74.7%	74.3%	74.1%	73.8%
Order book at the end of period	137,559	147,610	138,471	139,027	141,090	141,090

RECONCILIATION OF ALTERNATIVE PERFORMANCE MEASURES (restated)

EUR thousand	1-3/2026		1-3/2025	4-6/2025	7-9/2025	10-12/2025	1-12/2025
Adjusted organic growth in net sales, %
Growth in net sales	0%		-2%	1%	-1%	4%	1%
Impact of acquisitions	0%		0%	0%	0%	0%	0%
Impact of number of working days	0%		1%	2%	0%	-1%	0%
Impact of exchange rates	-1%		0%	-1%	-1%	-1%	0%
Adjusted organic growth in net sales, %	0%		-1%	1%	-2%	2%	0%
EBITA
Operating profit (EBIT)	793		1,090	1,993	2,161	1,529	6,770
Amortizations of intangible assets	-900		-909	-924	-912	-912	-3,657
EBITA	1,693		1,999	2,917	3,073	2,441	10,427
EBITA %	4.1%		4.9%	6.8%	8.6%	5.7%	6.4%
Items affecting comparability
Restructuring costs	442		1,186	190	26	159	1,560
M&A and integration costs	402		4	0	0	0	4
Other, income (-) / costs (+)	0		0	53	34	75	162
Items affecting comparability, EBITDA	844		1,190	243	60	234	1,727
Items affecting comparability, depreciations	0		0	0	0	0	0
Items affecting comparability, EBITA	844		1,190	243	60	234	1,727
EBITA, adjusted
EBITA	1,693		1,999	2,917	3,073	2,441	10,427
Items affecting comparability, EBITA	844		1,190	243	60	234	1,727
EBITA, adjusted	2,537		3,189	3,160	3,133	2,675	12,154
EBITA, adjusted %	6.2%		7.8%	7.4%	8.8%	6.2%	7.5%
EBITDA
Operating profit (EBIT)	793		1,090	1,993	2,161	1,529	6,770
Depreciation and amortization	-2,143		-2,347	-2,294	-2,304	-2,279	-9,209
EBITDA 1	2,936		3,437	4,288	4,465	3,808	15,979
EBITDA %	7.1%		8.4%	10.1%	12.5%	8.9%	9.8%
EBITDA, adjusted
Operating profit (EBIT)	793		1,090	1,993	2,161	1,529	6,770
Depreciation and amortization	-2,143		-2,347	-2,294	-2,304	-2,279	-9,209
EBITDA	2,936		3,437	4,288	4,465	3,808	15,979
Items affecting comparability, EBITDA	844		1,190	243	60	234	1,727
EBITDA, adjusted	3,780		4,627	4,531	4,525	4,041	17,706

Calculation of alternative performance measures

Adjusted organic growth in net sales	= Growth in net sales excluding acquisitions and divestments adjusted by the number of working days and exchange rate impact
EBITA	= Operating result + amortization of intangible assets
EBITA, adjusted	= EBITA + items affecting comparability
Utilization rate	= Number of project hours worked relative to the Number of hours worked
Non-diluted earnings per share	= (Result for the period - non-controlling interest - dividend for the financial period to be distributed taking tax impact into consideration) / Average weighted number of shares
Diluted earnings per share	= (Result for the period - non-controlling interest - dividend for the financial period to be distributed taking tax impact into consideration) / Average diluted weighted number of shares
Full-time equivalent (FTE), average	= Group personnel, full-time equivalent average during the period
Items affecting comparability	= Items affecting comparability are primarily costs associated with M&A and integration as well as restructuring