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Year-end report January 1 – December 31 2025

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In the fourth quarter of 2025, Acconeer’s net sales amounted to SEK 17.2 million, an increase of 67% compared to the same period in 2024 and the second consecutive quarter of record sales. For the full year, sales were SEK 57.9 million, an increase of 13% compared to the previous year. The result after tax amounted to SEK -5.7 million in the fourth quarter of 2025.

Ted Hansson, CEO, comments: “We continue to grow, especially in our product areas outside the automotive industry where sales increased by 73% compared to the same period last year. We also saw strong momentum in the automotive industry, where we expect a recovery in 2026. Already today, February 13, we have order coverage for 2026 that exceeds the entire 2025 sales in the automotive industry.”

FOURTH QUARTER

  • Net sales for the fourth quarter amounted to kSEK 17,185 (10,280).
  • The gross margin on sales of goods was 35 (40) %.
  • Result after taxes amounted to kSEK -5,668 (-7,992).
  • Earnings per share before and after dilution was SEK -0.08 (-0.13) SEK.
  • The cash flow from operating activities was kSEK -3,763 (-6,590).

FULL YEAR

  • Net sales for the full year amounted to kSEK 57,873 (51,320).
  • The gross margin on sales of goods was 51 (56)%.
  • Result after taxes amounted to kSEK -20,149 (-31,479).
  • Earnings per share before and after dilution was SEK -0.29 (-0.60).
  • The cash flow from operating activities was kSEK -16,910 (-28,984).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 43,372 (53,757).

SIGNIFICANT EVENTS DURING THE FOURTH QUARTER

  • Acconeer received order for occupant detection in public transport worth USD 100,000.
  • Acconeer received order from Nexty Electronics worth USD 150,000.
  • Acconeer received order from BEYD worth USD 183,000.
  • Acconeer received first volume order for next generation radar sensor.
  • Acconeer received order from Nexty Electronics worth USD 110,000.
  • Acconeer was awarded design win worth five million SEK for occupant detection in public transport.
  • Acconeer received USD 230,000 order from Future Electronics.
  • Acconeer received USD 260,000 order from Nexty Electronics.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer published preliminary financial figures for Q4 2025 and intention to carry out a directed share issue to Eiffel Investment Group.
  • Acconeer resolved on the previously announced directed share issue of approximately SEK 31.7 million to Eiffel Investment Group.
  • Announcement of notice of Extraordinary General Meeting in Acconeer AB (publ).
  • Acconeer received USD 220,000 order from Future Electronics.

The report is attached to this press release and available through Acconeer’s website.

Acconeer receives USD 220 000 order from Future Electronics

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The order relates to Acconeer’s Pulsed Coherent Radar Module XM132 and will be shipped within the coming six months. The modules will be used for mass production of level measurement devices.

Ted Hansson, CEO Acconeer, comments: “Level sensing remains a strong and growing business segment for us, and the demand for our best-in-class solution is continuously increasing.”

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

Notice of Extraordinary General Meeting in Acconeer AB (publ)

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Acconeer AB (publ), org.nr 556872-7654, (the “Company”) will hold an extraordinary general meeting on 19 February 2026 at 10.00, at the Company’s office at Västra Varvsgatan 19, 211 77 Malmö.

The English text is an unofficial translation. In case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.

Notification etc.
Anyone wishing to participate at the meeting shall:

  1. Be listed as a shareholder in the share register maintained by Euroclear Sweden AB as of the record date, which is 11 February 2026, and
  2. Give notice of the intent to participate at the meeting no later than 13 February 2026. Registration is made by post to Acconeer AB, Västra Varvsgatan 19, 211 77 Malmö, or by e-mail, info@acconeer.com.

The notification shall state full name, personal or corporate identity number, shareholding, address, daytime telephone number and, where applicable, details of deputies, representatives and assistants. The number of advisors may not exceed two (2). The notification should, where applicable, be accompanied by powers of attorney, registration certificates and other documents of authority.

In order to be entitled to participate at the meeting, a shareholder whose shares are registered in the name of a nominee, through a bank or other nominee, must, in addition to giving notice of attendance at the meeting, register the shares in its own name with Euroclear Sweden AB so that the shareholder is entered in the share register as of 11 February 2026. Such registration may be temporary (so-called voting rights registration) and is requested from the nominee in accordance with the nominee’s routines in such time in advance as the nominee determines. Voting rights registrations made no later than the second business day after 11 February 2026 will be taken into account in the preparation of the share register.

Proxies
If a shareholder is to be represented by a proxy, the proxy must bring a written, dated power of attorney signed by the shareholder to the meeting. The power of attorney may not be older than one (1) year, unless a longer period of validity (however, no longer than five (5) years) has been specified in the proxy. If the power of attorney is issued by a legal entity, the proxy must also bring the current registration certificate or equivalent authorisation document for the legal entity. To facilitate registration, a copy of the power of attorney and other authorisation documents should be attached to the notification to attend the meeting. A template proxy form will be available on the Company’s website, www.acconeer.com, and at the Company’s head office and will be sent by post to shareholders who contact the Company and state their address.

Proposed agenda

  1. Opening of the meeting.
  2. Election of chairman of the meeting.
  3. Election of one or two persons who shall approve the minutes of the meeting.
  4. Preparation and approval of the voting list.
  5. Approval of the agenda.
  6. Determination of whether the meeting has been duly convened.
  7. Resolution to approve the board’s resolution for a directed share issue
  8. Closing of the meeting.

Resolution to approve the board’s resolution for a directed share issue

The Board of Directors proposes that the general meeting approves the Board of Directors’ resolution dated 30 January 2026 on a directed share issue of not more than 3,020,000 shares, entailing an increase of the share capital by not more than SEK 151,000 (the “Directed Share Issue”)

The decision shall otherwise be subject to the following conditions.

1. The right to subscribe for the shares shall vest in Nordic Issuing AB on behalf of Eiffel Investment Group. The Board of Directors’ decision to carry out the Directed Share Issue, and to deviate from the shareholders’ preferential rights, is based on an overall assessment of the Company’s capital need and available financing alternatives. An important purpose of the Directed Share Issue is to accelerate the Company’s growth. The Board of Directors has carefully analyzed the possibility of raising this growth capital through a rights issue, but has concluded that a directed share issue at this stage is more appropriate and better serves both the Company’s and the shareholders’ interests, in particular as the Directed Share Issue can be carried out on favorable terms and provides the Company with a new strong institutional shareholder. The Board of Directors further considers that the reasons for deviating from the shareholders’ preferential rights are well justified, as the Directed Share Issue, inter alia, (i) enables a more flexible and time-efficient capital raising process, which reduces the Company’s exposure to adverse market conditions and the risk of negative share price impact that may result from a prolonged issue process, (ii) reduces the need for external guarantee commitments and thereby also costs attributable to any guarantee fees, and (iii) contributes to broadening and strengthening the Company’s shareholder base through the addition of a new shareholder with significant strategic value for the Company’s continued development. In light of the above, the Board of Directors’ overall assessment is that there are objective and compelling reasons to deviate from the main principle of shareholders’ preferential rights and that the Directed Share Issue is, overall, considered to be value-creating for the Company and all its shareholders.

  1. The subscription price shall be SEK 0.05 per share, i.e. corresponding to the share’s quotient value. In total, SEK 31,710,000 shall be paid as consideration for all shares in the Directed Share Issue. Shares shall be delivered to Eiffel Investment Group by an issuing agent engaged by the Company (Nordic Issuing AB) against receipt of total proceeds of SEK 10.50 per share, corresponding to a premium of approximately 2.1 per cent compared to the closing price of the Company’s share today, 30 January 2026. The price per share has been determined through arm’s-length negotiations between Eiffel Investment Group and the Company, in consultation with financial advisers and based on an analysis of several market factors. The Board of Directors’ assessment is therefore that the price per share has been ensured to be on market terms in light of prevailing market conditions. Any share premium shall be allocated to the unrestricted share premium reserve.
  2. Subscription of the newly issued shares shall be made on a separate subscription list on the date of the issue resolution. Oversubscription may not take place. Payment shall be made within three (3) banking days from the resolution of the general meeting. The Board of Directors shall be entitled to extend the subscription period and the period for payment.
  3. The new shares shall carry the right to dividends from and including the record date for the first dividend resolved after the new shares have been registered with the Swedish Companies Registration Office (Bolagsverket) and entered in the share register maintained by Euroclear Sweden AB.

The Board of Directors also proposes that the Board of Directors, or the person appointed by the Board of Directors, shall be entitled to make the minor changes to the resolution of the extraordinary general meeting that may be required in connection with registration with the Swedish Companies Registration Office, Euroclear Sweden AB or for other administrative reasons.

A resolution in accordance with this proposal shall only be valid where supported by not less than two-thirds of both votes cast and the shares represented at the extraordinary general meeting.

Documentation
The complete proposals for resolutions and other documents to be provided prior to the extraordinary general meeting in accordance with the Swedish Companies Act will be made available at the Company and on the Company’s website, www.acconeer.com, at least two weeks prior to the date of the extraordinary general meeting and will be sent free of charge to shareholders who so request and provide their postal address. In other respects, the board of directors’ complete proposals for resolutions are set out in the notice.

Information at the extraordinary general meeting
The Board of Directors and the managing director shall, if any shareholder so requests and the Board of Directors considers that it can be done without material harm to the Company, provide information on circumstances that may affect the assessment of an item on the agenda.

Shareholders who wish to submit questions in advance may do so by mail to Acconeer AB, Att: “Extraordinary General Meeting”, Västra Varvsgatan 19, 211 77 Malmö or by e-mail to info@acconeer.com. Submitted questions should include the shareholder’s name including the shareholder’s personal or organisation number. It is also recommended that submitted questions include the shareholder’s postal address, e-mail address and telephone number.

Number of shares and votes in the Company
The total number of shares and votes in the Company as of the date of this notice amounts to 73,121,532.

Processing of personal data
For information on how your personal data is processed, please refer to the privacy policy available on the Euroclear website
https://www.euroclear.com/dam/ESw/Legal/ES_PUA_Privacy_notice_bolagsstammor.pdf.

____________

Malmö in January 2026
Acconeer AB
The Board of Directors

Acconeer AB (publ) resolves on the previously announced directed share issue of approximately SEK 31.7 million to Eiffel Investment Group

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THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, OR IN ANY OTHER JURISDICTION WHERE SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. SEE THE “IMPORTANT INFORMATION” SECTION AT THE END OF THIS PRESS RELEASE.

Acconeer AB (publ) (“Acconeer” or the “Company”) announces that the Board of Directors, subject to subsequent approval by an extraordinary general meeting, has resolved to carry out a directed share issue of approximately SEK 31.7 million (the “Directed Share Issue”) to the institutional investor Eiffel Investment Group (“Eiffel”). The proceeds from the Directed Share Issue will primarily be used to accelerate growth while the Company also strengthens the shareholder base. The Board of Directors’ resolution regarding the Directed Share Issue is subject to approval by an extraordinary general meeting expected to be held on 19 February 2026. Notice of the extraordinary general meeting will be published through a separate press release.

Thomas Rex, Chairman of the Board of Acconeer, comments: “I am proud and pleased with Acconeer’s progress and look to the future with optimism. With this share issue, we are well positioned to capture the significant opportunities we see with our new sensor and larger customers. To a great extent our products contribute to the sustainable development of society, which is important to Acconeer, and we are therefore very pleased to welcome Eiffel, which is known for investing long term in sustainable companies.”

Laurent Inglebert, Director at Eiffel Investment Group, comments: “As a specialist in financing the growth of innovative European SMEs, Eiffel Investment Group’s Innovation team is keen to participate in this bespoke capital increase. This transaction provides the company with additional resources to support the execution of its technical and commercial development strategy in the promising motion detection sector. We are pleased to support Acconeer at this key stage of its growth journey.”

Background and motive
Acconeer develops energy-efficient radar sensors that enable advanced detection and measurement in applications where precision, low power consumption and miniaturization are critical. The Company’s technology is used in rapidly growing markets such as the automotive industry, industrial applications, IoT and consumer electronics, with applications ranging from level and presence detection to in-cabin solutions and intelligent sensor systems. The proceeds from the Directed Share Issue will be used to strengthen sales, technical support and algorithm development, with the aim of accelerating the rollout of the Company’s new sensor and managing larger customers. A small portion of the proceeds will be used to manage increasing volumes.

The Directed Share Issue
The Directed Share Issue comprises 3,020,000 shares and is subject to subsequent approval by a general meeting. The subscription price corresponds to a premium of approximately 2.1 percent compared to the closing price of the Company’s share on Nasdaq First North Growth Market 30 January 2026. The subscription price has been determined through arm’s length negotiations between Eiffel and the Company, in consultation with the Company’s financial adviser and based on an analysis of a number of market factors. The Board of Directors’ overall assessment is therefore that the subscription price is at market terms. Through the Directed Share Issue, the Company will receive approximately SEK 31.7 million before transaction costs.

To facilitate the completion of the Directed Share Issue, the shares have been subscribed by Nordic Issuing AB in its capacity as issuing agent at an amount of SEK 151,000.00, corresponding to the shares’ quota value, for subsequent transfer to Eiffel at a price per share of SEK 10.50, which is ultimately reported to the Company.

The Board of Directors intends to convene an extraordinary general meeting on 19 February 2026 to resolve on approval of the Board of Directors’ resolution regarding the Directed Share Issue. Notice of the extraordinary general meeting will be published through a separate press release.

The Board of Directors’ considerations
The Board of Directors’ decision to carry out the Directed Share Issue, and to deviate from the shareholders’ preferential rights, is based on an overall assessment of the Company’s capital need and available financing alternatives. As described above, an important purpose of the Directed Share Issue is to accelerate the Company’s growth. The Board of Directors has carefully analyzed the possibility of raising this growth capital through a rights issue, but has concluded that a directed share issue at this stage is more appropriate and better serves both the Company’s and the shareholders’ interests, in particular as the Directed Share Issue can be carried out on favorable terms and provides the Company with a new strong institutional shareholder.

The Board of Directors further considers that the reasons for deviating from the shareholders’ preferential rights are well justified, as the Directed Share Issue, inter alia, (i) enables a more flexible and time-efficient capital raising process, which reduces the Company’s exposure to adverse market conditions and the risk of negative share price impact that may result from a prolonged issue process, (ii) reduces the need for external guarantee commitments and thereby also costs attributable to any guarantee fees, and (iii) contributes to broadening and strengthening the Company’s shareholder base through the addition of a new shareholder with significant strategic value for the Company’s continued development.

In light of the above, the Board of Directors’ overall assessment is that there are objective and compelling reasons to deviate from the main principle of shareholders’ preferential rights and that the Directed Share Issue is, overall, considered to be value-creating for the Company and all its shareholders.

Number of shares, share capital and dilution
Through the Directed Share Issue, the Company’s share capital will increase by SEK 151,000.00, from SEK 3,656,076.60 to SEK 3,807,076.60, through the issue of 3,020,000 new shares, resulting in the total number of shares increasing from 73,121,532 shares to 76,141,532 shares and entailing a dilution of approximately 3.97 percent of the votes and capital for existing shareholders.

Advisers
Sedermera Corporate Finance AB is acting as Sole Bookrunner and Moll Wendén Advokatbyrå AB is acting as legal adviser to the Company in connection with the Directed Share Issue. Nordic Issuing AB is acting as issuing agent.

Acconeer AB (publ) publishes preliminary financial figures for Q4 2025 and intention to carry out a directed share issue to Eiffel Investment Group

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Acconeer AB (publ) (“Acconeer” or the “Company”) publishes financial guidance based on preliminary figures for the fourth quarter of 2025. Final figures for the fourth quarter of 2025 will be presented in the Company’s year-end report, which will be published on 13 February 2026. The purpose of the disclosure is to provide the market with updated financial information in connection with the Board of Directors’ intention to resolve on a directed share issue, subject to subsequent approval by a general meeting, to Eiffel Investment Group (“Eiffel”).

Financial development
Net revenue for the fourth quarter of 2025 amounted to SEK 16.7 million (compared with SEK 10.3 million in Q4 2024), corresponding to an increase of 62.1 percent. For the full year 2025, net revenue amounted to SEK 57.4 million (compared with SEK 51.3 million for the full year 2024), corresponding to an increase of 11.9 percent. The net revenue of SEK 16.7 million was split between sales of goods of SEK 15.4 million and development-related services of SEK 1.3 million.

The gross margin (before depreciation and inventory adjustments) amounted to 48 percent during the fourth quarter of 2025.

14 customer launches were recorded during the quarter, and the number of sensors sold amounted to 199,000, while the number of modules sold amounted to 67,000.

At the end of the fourth quarter of 2025, the Company’s cash and cash equivalents amounted to SEK 42.9 million.

Product sales in 2025 amounted to SEK 48.9 million, an increase of 17.4 percent compared with 2024. This was split between SEK 41.4 million to customers outside the automotive industry (an increase of 71 percent compared with 2024) and sales to the automotive industry of SEK 7.6 million (a decrease of 57 percent compared with 2024).

The above figures are preliminary and unaudited. The Company’s year-end report for the financial year 2025 will, in accordance with previous communication, be published on 13 February 2026.

The Company confirms that the communicated design win value within the automotive industry totaling USD 76 million still reflects the management’s best assessment. Furthermore, it is the management’s expectation that the total number of launches (already completed and upcoming) within the automotive industry will amount to 30 by the end of 2027.

In light of the above, the Company reiterates its previously communicated financial targets of:
• achieving the first EBIT-positive quarter during 2025, which the Company achieved in the third quarter of 2025,
• achieving the first cash flow positive quarter during 2026,
• reaching revenue exceeding SEK 300 million in 2027, and
• achieving, in the long term, an EBIT margin of at least 25 percent.

Intention to carry out a directed share issue
The Board of Directors of Acconeer is in the final stages of negotiations regarding executing a directed share issue to Eiffel. The directed share issue is intended to be resolved with deviation from the shareholders’ preferential rights and will be subject to subsequent approval by an extraordinary general meeting. Further information about the directed share issue will be published through a separate press release after the Board of Directors has resolved on the issue.

Acconeer receives USD 260 000 order from Nexty Electronics

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The order comes from Nexty Electronics and relates to Acconeer’s first product in the A2 family, the A212 Pulsed Coherent Radar sensor. The order is intended for mass production in the automotive industry and will be used by a European premium car manufacturer for several in-cabin use cases. Delivery planned to be completed in July 2026.

CEO Ted Hansson comments: “We are pleased to receive another order, confirming customer demand and volume ramp up.”

Acconeer receives USD 230,000 order from Future Electronic

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The order relates to Acconeer’s Pulsed Coherent Radar Module XM132 and will be shipped during the first half of 2026. The modules will be used for mass production of level measurement devices.

Magnus Gerward, Business Development Director at Acconeer, commented: “The tank level monitoring market remains one of our strongest business verticals, and this volume order confirms the demand for our best-in-class solution.”

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

Acconeer is awarded design win worth five million SEK for occupant detection in public transport

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The design win comes from Swedish IoT company Sensative and is related to Acconeer’s radar module XM122 planned for delivery during 2026. By “design win” Acconeer refers to that the company’s radar sensor has been selected for use in a customer product, but it is not equivalent to that an order has been placed.

CEO Ted Hansson comments: “Smart presence detection is a use case where we know our Pulsed Coherent Radar technology is a great fit. This design win is a confirmation of the quality and performance of our sensor.”

Today’s design win is for implementation with a public transport provider in Europe, and follows a previously announced order for the evaluation phase of this project.

Acconeer receives order from Nexty Electronics worth USD 110,000

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The order relates to Acconeer’s A121 Pulsed Coherent Radar sensor for delivery in May 2026 and is intended for mass production of cars. Nexty is a leading Japanese distributor with a particularly strong position in the automotive industry.

CEO Ted Hansson comments: “I am pleased to announce a third order in a short time for the automotive industry, an important and growing segment.”

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

Acconeer receives first volume order for next generation radar sensor

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The order of USD 120 000 comes from Nexty Electronics and relates to Acconeer’s first product in the A2 family, the A212 Pulsed Coherent Radar sensor. The order is intended for mass production in the automotive industry and will be used by a European premium car manufacturer for several in-cabin use cases with planned delivery in Q1 2026.

The A2 is Acconeer’s second generation product family and the world’s first multichannel Pulsed Coherent Radar (PCR) solution. The advanced capabilities will enable Acconeer to address new, high value use cases and markets. Development started in 2021, and in December 2024 the chip design for the production variant was finalized. After months of testing and validation our lead customer has now issued a first volume order.

CEO Ted Hansson comments: “The A2 product family is a large investment for Acconeer, where a lot of hard work has been put in over several years. Receiving the first volume order is a major milestone and with it we are taking the next step towards commercialization and having a broader, more advanced product portfolio.”

This order relates to a previously announced design win for a new platform with a European premium car manufacturer. This is the first volume order for those design wins, and Acconeer is working closely together with the customer to ensure quality of the solution and delivery on time.

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.