Episurf Medical publishes interim report for January–June 2026

Episurf Medical AB (publ) (Nasdaq: EPIS B) today publishes its interim report for January–June 2026. Rental income increased by 257 per cent to SEK 17.5 (4.9) mn. At the end of the period, the property portfolio comprised 39 (1) properties with a lettable area of 61,456 (4,529) square metres and a market value of SEK 946 (108) mn.

The period in brief

Rental income amounted to SEK 17.5 (4.9) mn for the half-year and SEK 12.3 (2.4) mn for the second quarter.
Operating profit amounted to SEK 13.1 (3.7) mn for the half-year.
Profit after tax for the period amounted to SEK -234 (3) mn, mainly as a result of the impairment of goodwill of SEK -162.4 mn and the change in value of properties of SEK -20.1 mn.
Goodwill of SEK 226.2 mn arose on the acquisition from Mofast, mainly as a result of the recognition of deferred tax and the increase in the share price between the signing date and the acquisition date. The item has been written down by SEK 162.4 mn in connection with the acquisition, with no cash flow effect.

On the acquisition date, 18 May 2026, the class B share was quoted at SEK 0.14, while the consideration shares were issued at a subscription price of SEK 0.045. The difference of SEK 0.095 per share, multiplied by the 1,711,111,111 class B shares issued, corresponds to approximately SEK 162.6 mn. As the investment properties are measured at fair value, this amount could not be attributed to any identifiable net assets and has therefore been written down in full.

Lettable area 61,456 (4,529) sqm, rental value SEK 92.1 (-) mn and contracted annual rent SEK 86.0 (-) mn, corresponding to an economic occupancy rate of 93.4 per cent.
Forward-looking yield 6.6 (6.8) per cent.
The net loan-to-value ratio amounted to 27 (57) per cent at the end of the period.
Property investments amounted to SEK 969 (-) mn, of which SEK 963 (-) mn related to acquisitions of properties.

Selected key figures

	2026 Jan–Jun	2025 Jan–Jun	2025 Jan–Dec
Operating profit, SEK mn	13.1	3.7	6.8
Change compared with previous year, %	254%	–	–
Profit after tax for the period, SEK mn	-234.0	3.0	12.9
Surplus ratio, %	72%	75%	67%
Equity ratio, %	41%	34%	-5%
Loan-to-value ratio at end of period, %	42%	58%	–
Market value of properties at end of period, SEK mn	946.1	108.0	160.7
Forward-looking yield of properties, %	6.6%	6.8%	4.2%
NAV per class A and B share, SEK	0.10	0.07	-0.01

Comment from the CEO

“During the second quarter, Episurf took a further clear step in the transformation from a pure medical technology company into a cash flow oriented Nordic property platform. Our vision for 2026 of reaching SEK 10 billion in underlying property value remains firm.”

– Jens Andersson, CEO, Episurf Medical

The interim report is available in its entirety at www.episurf.com. The report has not been reviewed by the Company’s auditors.

For more information, please contact:

Jens Andersson, CEO, Episurf Medical

Tel: +46 (0) 768 55 67 02

Email: jens.andersson@episurf.se

About Episurf Medical

Episurf Medical is a property company with exposure to a diversified portfolio of property assets. The Company’s objective is to create value growth through the acquisition and management of Nordic properties. The Company also has a medical technology business based on the individualised Episealer® implant and associated surgical instruments, which are used to treat cartilage damage in joints. Episurf Medical’s head office is located in Stockholm, Sweden.

This information is information that Episurf Medical AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CEST on 24 August 2026.

THIS PRESS RELEASE HAS BEEN PUBLISHED IN SWEDISH AND ENGLISH. IN THE EVENT OF ANY DISCREPANCY BETWEEN THE LANGUAGE VERSIONS, THE SWEDISH VERSION SHALL PREVAIL.