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solutions to customers, primarily in the manufacturing and infrastructure sectors – with a focus on long-term sustainable growth. Addtech in 90 sec Annual Report 23/24 Addtech's DNA Addtech is a fully decentralised [...] flexibility, personal touch and efficiency of small businesses with the resources, networks and long-term perspective of a large company. Our unique culture Decentralised organisation This is how we generate [...] growth over time. OUR GROWTH MODEL OUR COMPANIES Vision & strategies Entrepreneurs Addtech is a long-term industrial owner that is constantly seeking companies able to strengthen existing operations or to

took the step out into the Nordic region, deliberately broadening its geographical base, both in terms of customers and proprietary companies. 1960: Acquisitions become an early part of the operations

resources, networks and long-term perspective of the Parent Company. Consistent action and deeply rooted corporate culture based on strategic action, good planning, a long-term perspective, well-considered

Resilient business model The market forces that always affect our growth and profitability in the shorter term, include not only industrial development, but also geopolitical tendencies and major global events [...] Entrepreneurial businesses are quick to adapt. Increased demand for specialisation In the longer term, we see increased demands regarding specialisation and automation in industry having a major impact [...] climate change, which is driving demand for technological solutions that are sustainable in the long term. Market leader in selected niches Addtech is a decentralised organisation comprising 150 entrepreneurial

efficiency, with the resources, networks and industrial expertise of a large company. We optimise long-term growth and profitability by conducting small-scale business - large scale wise. 3. Acquisitions that [...] operations that supplement their own. Acquisitions are an important complement that further enhance long-term profit growth and shareholder value. Not only do new companies and operations add only sales volumes

solutions, we work purposefully towards a more sustainable tomorrow. At the same time, we strive for long-term profitability for the Group. Sustainable business is not only good for the planet and for people – [...] niches with a high knowledge content. This establishes the conditions for a stable growth and long-term profitability. Operational agility The companies must be able to act quickly and agilely in response

growth target of 15 percent, provides the opportunity for self-financed profitable growth over the long term. Sustainable development To achieve our vision and overarching objectives, we must break the entirety

equality throughout the organization. Our focus on mixed teams is a prerequisite for continued long-term growth. Most employees work with sales, including everything from solving technical issues to purchasing

needs. Their business acumen also encompasses a capacity for safeguarding their own company’s long-term profitability and growth based on transactions of benefit for all parties.

Network for growth We work long-term to increase internal collaboration, safeguard the internal transfer of knowledge, further develop our employees and refine the corporate culture. Our employees are