GARO's Annual Report for 2025

GARO today published its annual report for 2025. Joe Ree, Interim President and CEO, summarizes the year: “GARO’s 2025 was a year characterized by global uncertainty, which led to a decline in demand and challenging conditions. Important efforts were made to strengthen our financial and operational position. We improved our cash flow by reducing tied-up capital in our inventories and by streamlining our range and prioritizing products with stable demand and clear customer benefit.” The Annual Report is available at www.garogroup.se The financial year covers the period from January 1 to December 31, 2025. For more information, please contact: Helena Claesson, CFO +46 (0)70 676 07 50 This information is such information that GARO aktiebolag is obligated to publish in accordance with the EU Market Abuse Regulation. The information was published by the abovementioned contact persons on April 16, 2026, at 09:00 a.m. CET. GARO AB (publ) Corp. Reg. No. 556071–7772 is a company that develops, manufactures and markets innovative products and systems for the electrical installations market under its own brand. GARO’s customer offering is to provide complete solutions in the product areas of Electrical distribution products, E-mobility, Project business & Temporary Power with a focus on electrical safety, user-friendliness and sustainability. GARO was founded in 1939, has its head office in Gnosjö and is today an international company with operations in several countries. GARO is listed on Nasdaq Stockholm under the ticker name GARO. For more information, see www.garo.se [1]: https://www.garogroup.se/en