Borgestad ASA: Interim financial report for second quarter 2026

Highlights

• In Q2 2026, Borgestad Group delivered a result before tax of MNOK 35.9, compared to adjusted MNOK 20.9 in 2025.

• Höganäs Borgestad delivered a stronger Q2’26 results compared to the corresponding period in 2025, reporting revenues of MNOK 290.4 and an EBIT of MNOK 36.8, versus MNOK 296.4 and adjusted MNOK 22.1 in Q2’25.

• Agora Bytom had a 5 % revenue decrease in Q2’26 reporting revenues of MNOK 19.9 compared to MNOK 21.0 in Q2’25. EBITDA decreased from MNOK 12.1 to MNOK 10.9.

• As of June 30, 2026, Agora Bytom’s occupancy based on signed leases was 97.4 percent. The newly signed tenants are expected to open during the second half of 2026, and their contribution is expected to support continued growth in the centre’s overall financial performance.

Borgestad ASA's report for the second quarter of 2026 is attached hereto.

For further information, please contact:

Pål Feen Larsen, CEO of Borgestad ASA Tel.: +47 48 84 53 33

This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.

About Borgestad| www.borgestad.no Borgestad ASA (OSE:BOR) is an investment company focused on real estate and industry. The key investments include Agora Bytom shopping center and the leading refractory manufacturer Höganäs Borgestad.

About Höganäs Borgestad | www.hoganasborgestad.com Höganäs Borgestad develops, manufactures and delivers refractory products, installations and turnkey solutions that enhance the productivity and competitiveness of industrial customers. The aim is to contribute to the customers' profitability by providing high-value refractory solutions to their challenges. Today, the company is a leading supplier in the refractory market of the Nordic countries and has a global presence in a number of selected application areas.