Thule Group

A global lifestyle company

Handelsbanken Outdoor Seminar, March 17, 2022

Thule Group: A lifestyle company focused on sustainable profitable growth

SUSTAINABILITY APPROACH

GLOBAL LIFESTYLE BRAND

GROWTH WITH

+

POSSIBILITY FOR

PRODUCT DRIVEN GROWTH

STRONG CASH

STRATEGIC M&A

GENERATION

EFFICIENT & FLEXIBLE SUPPLY CHAIN

RETAIL SUPPORT & PUSH

SHAREHOLDER

RETURNS

2

March 17, 2022

Handelsbanken Outdoor Seminar, Stockholm

Thule Group: Updated Long-term Targets 2021-2030 (presented April 2021)

REVENUE

PROFIT

CASH

DIVIDEND

Double sales by 2030

Maintain >20% EBIT-Margin

>75% of annual Net Income

SUSTAINABILITY

Meet ambitious 2030

Science Based Targets

for reduction of greenhouse gas emissions

3

March 17, 2022

Handelsbanken Outdoor Seminar, Stockholm

Sustainability: Always an integral part of our operations, now more than ever

Ambitious Environmental Targets

Supply Chain Ethics in everything we do

Strong Community Engagement

Products that are designed with a Life Cycle approach, safe, of high quality and that enable active lives

4

March 17, 2022

Handelsbanken Outdoor Seminar, Stockholm

Sales Growth: Proven growth capabilities supported by long-term trends

Sales and EBIT Growth (2014-2021)

SALES

Share of Sales 2021

12,5

+241% and 13% CAGR (Fx adj.)

SEK

10,0

7,5

Bio

5,0

2,5

0,0

2014

2015

2016

2017

2018

2019

2020

2021

EBIT

2,5

+333% and 19% CAGR (Fx adj.)

SEK

2,0

1,5

Bio

1,0

0,5

-

2014

2015

2016

2017

2018

2019

2020

2021

SPORT & CARGO

CARRIERS

67%

ACTIVE WITH KIDS

12%

RV PRODUCTS

14%

PACKS, BAGS &

LUGGAGE

7%

REGION

EUROPE &

RoW

72%

REGION

AMERICAS

28%

5

March 17, 2022

Handelsbanken Outdoor Seminar, Stockholm

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Thule Group AB published this content on 17 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 07:10:06 UTC.