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to complement or strengthen our operations. A partnership with our companies should be the most profitable way for suppliers to sell their products in the geographical markets in which we operate. We seek

of shareholders. All shares carry equal entitlement to participation in the Company’s assets and profit. If the Company decides to issue new class A or B shares through a cash or an offset issue, owners [...] the consolidated income statement and consolidated balance sheet. b. allocation of the Company’s profit or loss as shown in the balance sheet adopted by the Meeting. c. discharge of the members of the

Risk and analysis Business operations are always associated with risk. Addtech’s profit and financial position, as well as its strategic position, are affected by various internal factors within Addtech’s [...] suppliers, Addtech focuses continuously on ensuring that collaboration with the Group is the most profitable sales strategy Environment Changed environmental legislation could affect product sales, goods [...] suppliers or customers, can affect Addtech’s capacity to deliver products and services and to generate profits. To safeguard stable IT environments and prevent incidents, Addtech conducts regular risk assessments

stable development over time. 2. Profit doubled every five years Addtech is an active owner who works diligently alongside its companies to increase sales and profitability. We combine the flexibility, personal [...] business climate. By exceeding our target of doubling our profits every five years, we have repeatedly proven our ability to deliver sustainable profitable growth. 3. Successful acquisition strategy Acquisitions [...] technical products and solutions. OUR MARKETS Three steps to profitable and sustainable growth Addtech works to generate favourable profits and increased shareholder value in three coordinated and mutually

plans, where they specify activities to advance our positions in important areas such as growth, profitability, digitalisation and sustainability. In this way, the companies experience both responsibility

are summarised in the three basic demands we place on all operations within the Group. Growth, Profitability and Sustainable Development. How to become part of Addtech Addtech comprises a number of niche

well-established and committed owner with clear targets and tools for long-term development and profitability in our network. What type of company are we looking for? In each acquisition process the company [...] substaintial knowledge and technical content Leading positions in a well-defined niche Potential for profitability and growth Focus on own products Committed management seeking to continue developing the company

focusing on sustainability. DECENTRALISED ORG Three steps to profitable and sustainable growth Addtech works to generate favourable profits and increased shareholder value in three coordinated and mutually

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.

combined with profitability. Profitable growth is achieved through ongoing development of the operations and the organisation. Profit growth > 15% Growth within the Group is measured as profit growth and [...] earnings every five years. Profitability = P/WC >45% The profitability of each subsidiary company should be at least 45 percent, measured as the relation between operating profit (P) and working capital (WC) [...] places a premium on high profit and a low degree of capital tied up, which, combined with a growth target of 15 percent, provides the opportunity for self-financed profitable growth over the long term