Aquaticus Real Estate (AQUAT) investor relations material

Executive summary

• Results, cash flow, and financial position remained stable in Q1 2026, with operations proceeding as planned and property maintenance ongoing.

• The lease with the sole tenant, Xylem Water Solutions, was extended early to March 2033, now with a remaining term of 7 years.

• A rent reduction effective April 2026 will decrease annual revenue by 10.4% from 2025 levels.

• The last of four dividend payments for 2025 was distributed, totaling 3,080 tkr.

• The AGM approved a 2026 dividend of 3.60 kr/share, to be paid in four installments.

Financial highlights

• Q1 2026 revenue was 13,199 tkr, slightly up from 13,095 tkr in Q1 2025.

• Operating profit (förvaltningsresultat) was 3,977 tkr, down from 4,163 tkr year-over-year.

• Net result for the quarter was -15,715 tkr, compared to 2,622 tkr in Q1 2025, mainly due to a -23,000 tkr unrealized property value change.

• Cash flow from operations before working capital changes was 1,681 tkr (4,363 tkr in Q1 2025).

• Cash and equivalents at period end were 48,690 tkr (47,005 tkr in Q1 2025).

Outlook and guidance

• The company expects stable operations, with the new lease terms impacting annual revenue from Q2 2026.

• From January 2030, all base rent will be indexed to CPI.