TOMRA: TOMRA Recycling announces cost reduction program

In response to challenging market developments over the past year, with reduced customer investments within the recycling industry, TOMRA Recycling has today informed its staff that it will initiate a cost reduction program. The initiative is part of the division's plan to return its profitability back to an EBITA margin of +20%, as announced at TOMRA's third quarter presentation in 2025.

The program targets gross savings of EUR 16 million in annual costs. Measures include rightsizing the organization and optimizing the global footprint through approximately 175 FTE reductions. The full benefit of the cost reductions is expected in 2027. The program is estimated to incur one-off costs of approximately EUR 15 million.

Further details will be presented in connection with TOMRA's fourth quarter result presentation on Friday, 13 February 2026.

Asker, 11 February 2026

TOMRA Systems ASA

For further information, please contact:

Daniel Sundahl, Head of Investor Relations Tel: +47 913 61 899

TOMRA develops solutions that enable circular economies and optimal resource productivity through automated identification, collection, grading, and sorting of resources. We optimize how resources are obtained, used, and reused - turning waste into valuable resources. Our vision is to lead the resource revolution and enable a world without waste.

TOMRA has approximately 113,700 installations in over 100 markets worldwide. The Group had total revenues of EUR 1,348 million in 2024 and employs 5,300 people globally. TOMRA Systems ASA is publicly listed on the Oslo Stock Exchange (OSE: TOM). For further information about TOMRA, please visit www.TOMRA.com