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growth. Addtech in 90 sec Annual Report 23/24 Addtech's DNA Addtech is a fully decentralised organisation with a unique culture based on a willingness to take responsibility. We believe that the best [...] resources, networks and long-term perspective of a large company. Our unique culture Decentralised organisation This is how we generate sustainable growth Addtech’s success is based on our companies being free [...] market segments in which the conditions exist to capture leading positions. In our decentralised organisation, our companies are afforded the freedom to act independently while shouldering the considerable

separately on Nasdaq Stockholm in March 2016. 2008: New business-oriented organisation In 2008, a new business-oriented organisation was introduced with the subsidiaries being grouped into business units [...] strong position. 2020: A proof of strength in a challenging world In March 2020, the World Health Organisation (WHO) announced that the spread of the corona virus had been classified as a pandemic. Some of

partner by our customers, suppliers and employees alike. Our DNA Addtech is a fully decentralised organisation with a unique culture based on a willingness to take responsibility. We believe that the best [...] operations, we safeguard profitable and sustainable growth over time. Three clear requirements for the organisation The companies within Addtech are operated under their own brands and are free to run and develop

Addtech works actively to make use of the organisation as efficiently as possible and to strengthen the network between the companies. Our operations are organised into five business areas. OUR BUSINESS AREAS [...] enterprise, are continuously developing existing and new areas of business. Our decentralised organisation, in which we combine the flexibility, personality and efficiency of the companies with the resources

are sustainable in the long term. Market leader in selected niches Addtech is a decentralised organisation comprising 150 entrepreneurial and independent Group companies. The common denominator is that

and employees alike. Our business Market leader in selected niches Addtech is a decentralised organisation comprising 150 entrepreneurial and independent Group companies. The common denominator is that

clear. Efficiency It is essential to do the right things the right way. The efficiency of an organisation is based on the value of what is produced being higher than the actual cost of production. Change [...] must be able to assume responsibility for what we do. To function properly, our decentralised organisation demands this. We must have clear areas of responsibility for: customers, products, functions, [...] and that the best business decisions are made close to the customer. For this reason, Addtech’s organisation is highly decentralised, with great freedom for the companies to make their own decisions – always

Addtech works actively to make use of the organisation as efficiently as possible and to strengthen the network between the companies. Our operations are organised into five business areas. OUR BUSINESS AREAS [...] and that the best business decisions are made close to the customer. For this reason, Addtech’s organisation is highly decentralised, with great freedom for the companies to make their own decisions – always [...] exercises active ownership. Freedom with responsibility is the fundamental principle permeating the organisation. The companies’ independence is important not only in a commercial sense, but also in retaining

objectives for all companies Freedom with responsibility is the basic principle that permeates our organisation. Our companies are free to run and develop their own operations, as long as they deliver on our

objectives for all companies Freedom with responsibility is the basic principle that permeates our organisation. Our companies are free to run and develop their own operations, as long as they deliver on our [...] 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 must amount to at [...] both our companies and employees. Market leader in selected niches Addtech is a decentralised organisation comprising 140 entrepreneurial and independent Group companies. The common denominator is that