Quarterly Report Scandinavian Enviro Systems AB (publ) January – March 2024

Sub-goal objective 1 – Final investment decision has been reached!

Period of January-March 2024

• Net revenues for the period were MSEK 57.6 (4.1)
• Earnings after tax for the period were MSEK 30.8 (-24.4)
• Earnings per share for the period (before dilution) was SEK 0.04 (-0.04)
• Cash flow for the period after investments was MSEK -5.8 (-29.0)
• Enviro, Michelin and Antin announces final investment decision for plant in Uddevalla
• Enviro receives MSEK 53 as a first payment for costs incurred, of which half in cash and half as ownership share in joint venture
• Fredrik Emilson new CEO of Enviro
• The construction of the Enviro’s plant in Uddevalla has received starting notice

Significant events after end of period

• Enviro receives additional MSEK 54 payment for costs incurred, of which half in cash and half as ownership share in joint venture
• Enviro’s recovered pyrolysis oil has been successfully processed by Neste into raw materials for chemicals and plastics

This disclosure contains information that Scandinavian Enviro Systems is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 28-05-2024 08:30 CET.