The financial targets relate to growth and profitability and are expected to be delivered by year-end 2028. In addition, Bactiguard has a strategic target of having at least 10 application areas in license partnerships with products in the market by year-end 2028. The financial and strategic targets should not be perceived as a forecast but rather reflect what Bactiguard’s Board of Directors and Executive Management consider
to be reasonable mid-term expectations given the sharpened license-focused strategy.

Bactiguard’s long-term financial targets are to achieve:

Growth
Net sales in excess of SEK 1,000 million.

Profitability
EBITDA of SEK 500 million.

Other
10 application areas in license partnership with products in the market