Other information

Significant events during the period

The Nomination Committee’s proposal for Board members of Peab AB

Peab AB was informed by the company’s Nomination Committee on February 10, 2026 of its proposal to the AGM 2026 regarding the composition of the Board of Directors. The Nomination Committee intends to propose Carl Mellander as a new member of the Board and reelection of the following Board members: Anders Runevad, Malin Persson, Magdalena Gerger, Liselott Kilaas, Kerstin Lindell, Fredrik Paulsson and Lars Sköld. The Nomination Committee further intends to propose reelection of Anders Runevad as Chairman of the Board.

Carl Mellander has extensive experience from leading financial positions in global, listed companies, among them as Group CFO for Ericsson. He has a broad background in financial governance, capital market matters, M&A, risk and regulation compliance as well as international business management. He is currently a member of the board of, and consultant to, several companies. The Nomination Committee’s proposal entails that the Board of Directors will consist, until the end of the next AGM, of eight Board members. The Nomination Committee will continue its work and the complete proposal to the AGM 2026 have been presented with the notice of the Annual General Meeting.

Exceedance of limit for flagging due to repurchasing own shares

In accordance with Chapter 4, Section 18 of the Financial Instruments Trading Act (1991:980) Peab AB acquired on March 11, 2026 25,000 own B shares, which entailed that Peab’s holding of own shares exceeded the limit of five percent of all the shares in Peab. The total number of shares in Peab on March 11, 2026 amounted to 14,822,984 B shares, which corresponds to 5.01 percent of the total number of shares.

Peab has concluded repurchasing own shares

Peab AB has repurchased a total of 6,237,280 B shares for about SEK 500 million between July 25, 2025 and March 12, 2026. The shares have been repurchased after a decision by the Board and through the authorization granted by the AGM on May 6, 2025.

Peab has entered into an agreement for a new credit facility totaling SEK 8 billion

Peab has entered into an agreement for a new credit facility totaling SEK 8.0 billion to refinance the current credit facility of SEK 7.0 billion that matures in June 2028. The credit facility of SEK 8.0 billion runs until March 20, 2029 with the possibility of an extension for one plus one year. Four banks participate in the transaction: Nordea, Swedbank, SEB and Handelsbanken. The transaction is coordinated by Nordea. The credit agreements are intended to refinance the company’s existing credit facility which matures in June 2028. The loan contracts make up Peab’s long-term financing foundation and are complemented by capital market financing, other types of short-term operational financing and project-related credits.

Significant events after the reporting period

No significant events occurred after the end of the reporting period.

Holdings and repurchase of own shares

At the beginning of 2026 Peab’s holding of its own shares was 14,117,984 B shares which corresponds to 4.8 percent of the total number of shares. Peab’s Board of Directors, through the authorization given by the Annual General Meeting on May 6, 2025, decided to repurchase its own shares on a regular basis until the Annual General Meeting in 2026. The purpose of the repurchasing is to safeguard costs and deliveries connected to implementing the company’s long-term Performance Share Program and to be able to use the repurchased shares in financing acquisitions. Repurchasing takes into consideration the company’s financial position and capital structure. The shares have been repurchased on Nasdaq Stockholm according to the Nordic Main Market Rulebook for Issuers of Shares – Nasdaq Stockholm (Supplement D) and implemented in accordance with EU Parliament’s and Council’s EU regulation nr. 596/2014 on market abuse (MAR). The shares could only be repurchased at a price per share within the price interval registered at any given time on Nasdaq Stockholm, meaning the interval between the current highest buy price and the lowest sell price published by Nasdaq Stockholm. According to the Board’s decision shares could be repurchased during the period for a maximum of SEK 500 million and a number of shares so that the company’s holding of its own shares after the repurchasing did not exceed one tenth of all shares in the company. The acquired shares was to be paid for in cash. During 2025, 5,374,000 B shares have been repurchased for a total of SEK 415 million. During the first quarter 2026 717,280 B shares have been repurchased for a total of SEK 85 million. Repurchasing of own shares was concluded per March 12, 2026 when the maximum amount of SEK 500 million was reached. After the repurchase Peab holds 14,835,264 own B shares corresponding to 5.0 percent of the total number of shares.

Related parties

The character and extent of transactions with related parties is presented in the Annual and Sustainability Report 2025, note 36. During the quarter the sales of K Nordang to Peab’s associated company was closed. For more information see the section Business area Construction. No other significant transactions have occurred during the first quarter 2026.