Storytel AB (publ): Storytel Group reports accelerating growth, the largest subscriber increase since 2023 and continued expansion of the adjusted EBITDA margin on a rolling twelve-month basis – full-year guidance confirmed.

“A strong quarter in which our subscriber base grew by 80,000 paying subscribers – the largest increase since 2023. This, together with a continued increase in the adjusted EBITDA margin on a rolling twelve-month basis and net sales growth of 16.5% at constant exchange rates, enables us to confirm our full-year guidance,” says Bodil Eriksson Torp, CEO of Storytel Group. Third quarter 2026 ● Net sales amounted to SEK 1,179m (1,013). ● Net sales growth of 16.5% at constant exchange rates (CER), of which 11.7% organic. ● Publishing external net sales increased by 53.8% CER, of which 26.6% organic. ● Gross margin amounted to 45.3% (45.4%). ● Adjusted EBITDA margin amounted to 22.7% (22.9%). ● Operating profit increased 16% to 176m (152). ● Net profit amounted to 151m (138), with earnings per share of SEK 1.83 (1.69) after dilution. ● Paying subscribers increased by 80k (64k) during the quarter to 2.83m (2.63), up 7.6% YoY. ● ARPU (SEK/month) amounted to 119.6 (118.1). ● Buyback of B shares of up to 300m initiated in August. January–September 2026 ● Net sales amounted to SEK 3,229m (2,925). ● Net sales growth of 12.4% CER, of which 10.1% organic. ● Gross margin amounted to 45.6% (45.0%). ● Adjusted EBITDA margin amounted to 19.8% (18.0%). ● Operating profit increased 32% to 382m (289). ● Net profit amounted to 338m (204), with earnings per share of SEK 4.07 (2.43) after dilution. ● Paying subscribers increased by 163k during the period. ● Net debt amounted to −132m (23), corresponding to −0.15x adjusted EBITDA (R12M). Outlook 2026 Full-year 2026 adjusted EBITDA guidance of SEK 900m is confirmed. Financial summary +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | SEKm | Q3 | Q3 | Change | | | Change | R12M | FY | | | 2026 | 2025 | | Jan-Sep | Jan-Sep | | | 2025 | | | | | | 2026 | 2025 | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Net sales | 1,179 | 1,013 | 16% | 3,229 | 2,925 | 10% | 4,327 | 4,023 | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Net sales | 16.4 | 6.2 | 10.2pp | 10.4 | 5.6 | 4.8pp | - | 5.9 | | growth, % | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Net sales | 16.5 | 9.3 | 7.2pp | 12.4 | 8.1 | 4.3pp | - | 9.2 | | growth | | | | | | | | | | CER, %3 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Organic | 11.7 | 8.2 | 3.4pp | 10.1 | 7.4 | 2.8pp | - | 8.3 | | growth | | | | | | | | | | CER, %3 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Streaming | 1,000 | 923 | 8% | 2,874 | 2,711 | 6% | 3,819 | 3,656 | | Net sales1 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Publishing | 423 | 324 | 31% | 1,058 | 907 | 17% | 1,425 | 1,274 | | Net sales2 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Gross | 535 | 460 | 16% | 1,472 | 1,317 | 12% | 1,988 | 1,833 | | profit | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Gross | 45.3 | 45.4 | 0.0pp | 45.6 | 45.0 | 0.6pp | 45.9 | 45.6 | | margin % | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Adjusted | 268 | 232 | 16% | 640 | 528 | 21% | 860 | 748 | | EBITDA3 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Adjusted | 22.7 | 22.9 | −0.1pp | 19.8 | 18.0 | 1.8pp | 19.9 | 18.6 | | EBITDA | | | | | | | | | | margin %3 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | EBITDA3 | 260 | 232 | 12% | 621 | 528 | 18% | 840 | 747 | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | EBITDA | 22.1 | 22.9 | −0.8pp | 19.2 | 18.0 | 1.2pp | 19.4 | 18.6 | | margin %3 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Operating | 176 | 152 | 16% | 382 | 289 | 32% | 516 | 423 | | profit | | | | | | | | | | (EBIT) | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | EBIT | 14.9 | 15.0 | −0.1pp | 11.8 | 9.9 | 2.0pp | 11.9 | 10.5 | | margin % | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Net profit | 151 | 138 | 9% | 338 | 204 | 65% | 638 | 504 | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Earnings | 1.84 | 1.70 | 8% | 4.09 | 2.45 | 67% | 7.90 | 6.26 | | per share, | | | | | | | | | | basic | | | | | | | | | | (SEK) | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Earnings | 1.83 | 1.69 | 8% | 4.07 | 2.43 | 67% | 7.85 | 6.22 | | per share, | | | | | | | | | | diluted | | | | | | | | | | (SEK) | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Cash flow | 285 | 158 | 81% | 570 | 342 | 67% | 801 | 573 | | from | | | | | | | | | | operating | | | | | | | | | | activities | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Net Debt 3 | −132 | 23 | - | −132 | 23 | - | −132 | −136 | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | Net | −0.15 | 0.03 | - | −0.15 | 0.03 | - | −0.15 | −0.18 | | debt/adjusted | | | | | | | | | | R12M | | | | | | | | | | EBITDA | | | | | | | | | | ratio3 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | End of | 2,828 | 2,628 | 8% | 2,828 | 2,628 | 8% | | | | period | | | | | | | | | | subscribers | | | | | | | | | | (thousands) | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | ARPU | 120 | 118 | 1% | 116 | 118 | −2% | | | | (SEK/month)3 | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ | 1 | | | | | | | | | | Streaming | | | | | | | | | | net sales | | | | | | | | | | include | | | | | | | | | | 100% of | | | | | | | | | | Storytel | | | | | | | | | | Norway’s | | | | | | | | | | net sales. | | | | | | | | | | From Q2 | | | | | | | | | | 2026, | | | | | | | | | | Norway is | | | | | | | | | | reported | | | | | | | | | | in the | | | | | | | | | | same way | | | | | | | | | | as in the | | | | | | | | | | Nordics | | | | | | | | | | segment. | | | | | | | | | | Previously, | | | | | | | | | | only 50 | | | | | | | | | | percent of | | | | | | | | | | the | | | | | | | | | | Norwegian | | | | | | | | | | joint | | | | | | | | | | venture | | | | | | | | | | company | | | | | | | | | | was | | | | | | | | | | included | | | | | | | | | | in the | | | | | | | | | | Streaming | | | | | | | | | | business | | | | | | | | | | area | | | | | | | | | | total. | | | | | | | | | | Comparative | | | | | | | | | | periods | | | | | | | | | | have been | | | | | | | | | | restated. | | | | | | | | | | See Note 5 | | | | | | | | | | for | | | | | | | | | | further | | | | | | | | | | information. | | | | | | | | | | 2 | | | | | | | | | | Publishing | | | | | | | | | | net sales | | | | | | | | | | include | | | | | | | | | | both | | | | | | | | | | external | | | | | | | | | | and | | | | | | | | | | group-internal | | | | | | | | | | net sales. | | | | | | | | | | 3 | | | | | | | | | | Alternative | | | | | | | | | | Performance | | | | | | | | | | Measure | | | | | | | | | | (APM). See | | | | | | | | | | “Alternative | | | | | | | | | | Performance | | | | | | | | | | Measures” | | | | | | | | | | for | | | | | | | | | | definitions, | | | | | | | | | | purpose | | | | | | | | | | and | | | | | | | | | | reconciliation. | | | | | | | | | +------------+-------+-------+--------+-------+-------+--------+-------+-------+ For more information, please contact: Stefan Wård, CFO & IR, Storytel Group Tel: +46 73 182 01 43 Email: stefan.ward@storytel.com Alexander Paziraei, Interim Head of Communications, Storytel Group Tel: +46 20 89 91 84 Email: alexander.paziraei@storytel.com About Storytel Group We are a storytelling company. Driven by our purpose - "Leading the future of storytelling, we move the world through stories" - Storytel Group inspires and entertains people around the world by blending innovation with tradition. We bring stories to life across various formats for everyone to discover. Anytime. Anywhere. Storytel Group leads by operating through its two primary business areas: Streaming and Publishing. The Streaming division provides one of the world's most extensive digital libraries, with over 2 million audiobook and e-book titles available in 55 languages. This service reaches more than 2.8 million subscribers through the Group's prominent brands, including Storytel, Mofibo, and Audiobooks.com. The Publishing business area produces high-quality content from acclaimed authors across a wide range of genres through renowned publishing houses such as Norstedts Publishing Group, Lind & Co, People's, Gummerus, Bokfabriken, Overamstel Publishers, and Storyside. Storytel Group is headquartered in Stockholm, Sweden. Please visit www.storytelgroup.com for more information. This information is information that Storytel AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-10-27 08:00 CET. Attachments Report Interim Report January – September 2026 (https://storage.mfn.se/24fa97ba-e467-4b73-a5bc-c0bb57e95970/report-interim-report-january-september-2026.pdf) Financial Data Interim Report January – September 2026 (https://storage.mfn.se/d24ef0f9-eea6-4724-bd84-908fac6db678/financial-data-interim-report-january-september-2026.xlsx)