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Financial statements review January–December 2025 President and CEO Hannu Martola | 5 February 2026 Q4
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5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation Q4 2025 29.7 net sales, €m (31.6) -6.1 net sales change-% (0.9) 3.7 EBITA, €m (5.2) 12.4 EBITA-% (16.3) 2
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5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation3 Sales in medical developed well but declined in security; total net sales were flat at comparable rates Industrial sales -7% • Decline in line-scan sales, but significant growth in TFT flat panel detectors for battery inspection in APAC • Growth in other regions supported by food scanning Medical sales +19% • Growth driven by CT applications, particularly in China Security sales -29% • Sales declined across all main markets • One-off-events in EMEIA, strong comparison period, the after-effects of the aviation 100 ml regulation, OEMs’ inventory buffer, and a temporary standstill in demand in India • In APAC, demand remained subdued 50% growth in TFT sales Q4: A stable year-end, outlook strengthened
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Net sales by quarter -6.1 (YOY change-%) (EUR 1,000) 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation4 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2022 2023 2024 2025
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Operating margin (EBITA) excluding NRI (EUR 1,000) 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation5 7.4% 5.2% 2.3% 9.9% 6.5% 5.4% 9.0% 14.8% 10.0% 12.7% 15.3% 16.3% 6.3% 7.0% 11.4% 12.4% 0% 5% 10% 15% 20% 25% 0 1,000 2,000 3,000 4,000 5,000 6,000 Q122 Q222 Q322 Q422 Q123 Q223 Q323 Q423 Q124 Q224 Q324 Q424 Q125 Q225 Q325 Q425 EBITA excluding NRI (EUR 1,000) EBITA-% excluding NRI Mid-term EBITA-target 15%
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7.2% 66.1% 26.7% Q4 2025 sales split by regional business units NET SALES €m YOY CHANGE-% AMERICAS 2.2 1.8 APAC 19.6 -4.4 EMEIA 7.9 -11.8 TOTAL NET SALES 29.7 €m 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation6
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16.3% 50.2% 33.6% Q4 2025 sales split by main applications NET SALES €m YOY CHANGE-% INDUSTRIAL 4.8 -6.6 MEDICAL 14.9 19.1 SECURITY 10.0 -28.5 TOTAL NET SALES 29.7 €m 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation7
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5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation FY 2025 101.0 net sales, €m (107.5) -6.0 net sales change-% (3.6) 9.6 EBITA excluding NRI, €m (14.9) 9.5 EBITA-% excluding NRI (13.9) 8
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5.1% 69.7% 25.2% FY 2025 sales split by regional business units NET SALES €m YOY CHANGE-% AMERICAS 5.2 -21.8 APAC 70.4 -0.2 EMEIA 25.5 -16.2 TOTAL NET SALES 101.0 €m 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation9
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18.4% 46.2% 35.4% FY 2025 sales split by main applications NET SALES €m YOY CHANGE-% INDUSTRIAL 18.6 -2.2 MEDICAL 46.7 10.6 SECURITY 35.7 -22.8 TOTAL NET SALES 101.0 €m 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation10
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Key figures Q4 2025 Q4 2024 FY 2025 FY 2024 Net sales, EUR 1,000 29,685 31,613 101,023 107,514 Change in net sales, % -6.1% 0.9% -6.0% 3.6% EBITA excluding NRI, EUR 1,000 3,689 5,166 9,597 14,892 EBITA excluding NRI, % 12.4% 16.3% 9.5% 13.9% Non-recurring items (NRI), EUR 1,000 0 0 342 0 EBITA, EUR 1,000 3,689 5,166 9,255 14,892 EBITA, % 12.4% 16.3% 9.2% 13.9% R&D costs, EUR 1,000 2,762 3,125 11,266 11,379 R&D costs, % of net sales 9.3% 9.9% 11.2% 10.6% Cash flow from operating activities, EUR 1,000 1,496 6,891 3,885 20,133 Investments, EUR 1,000 913 485 2,965 2,218 Return on investment (ROI), % 9.2% 17.4% 9.2% 17.4% Earnings per share, EUR 0.22 0.28 0.44 0.76 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation11
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5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation12 Target 2026-2030 We outgrow the market by driving customer success with smart, data-generating X-ray detectors and outstanding usability.
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5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation13 69% 4% 14% 13% Medical Veterinary Industrial Security 42% 15% 34% 4% 5% Flat panel TFT Flat panel CMOS Line scan and CT Photon counting Others DIGITAL X-RAY DETECTOR MARKET 2030 3.0 € bn Ageing population Security Concerns Quality and efficiency Eco and circular economies Lack of raw materials Digitalization and AI By technologyBy application
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5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation14 Strategic levers Being the most trusted partner that drives customer success through exceptional usability Elevate performance culture BASE Continue to do what we do, better TFT Drive TFT flat panel growth, across regions and markets ADDED VALUE Commercialize more value- added integrated HW-SW solutions to a broader customer base NEW TECH Seek new opportunities beyond current scope (Photon counting & SW)
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Strategy implementation and main events in Q4 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation15 Opening of the India factory and start of customer deliveriesImproved data management for PCCT AVA Advanced. Versatile. Affordable. 40% less materials, up to 50% cost savings without compromising imaging performance for security and industrial line-scans
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Security to grow in Q1 Sales expectation Q1 and H1 2026 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation16 Q1 sales are expected to grow in all regions: APAC, EMEIA, and the Americas YOY total net sales to grow by a double-digit rate in Q1 and H1 2026 Industrial to grow in Q1 Medical to grow in Q1
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Business outlook Detection Technology expects double- digit year-on-year net sales growth in Q1 and H1 of 2026. The geopolitical situation, new U.S. import tariffs, U.S. relations with other countries, and price competition especially in China create uncertainty. 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation17
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EPS and payout (EUR) 0.30 € dividend (0.50) 68% payout (66%) The Board’s proposal to the AGM 2026 The company aims to distribute approximately 30–60% of the Group’s annual result (earnings per share) to shareholders as dividends. 5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation18 0.00 0.20 0.40 0.60 0.80 1.00 1.20 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Earnings per share Dividend or capital repayment
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5.2.2026 Detection Technology | Financial statements review January—December 2025 presentation FINANCIAL TARGETS MEDIUM TERM Annual sales growth >10% MEDIUM TERM Operating margin (EBITA) 15% ANNUAL Dividend 30-60% 19
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