FULLTEXT DEL 1 AV 1

Kvartalsrapport Q1 2023

===== SIDA 1 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 1

FIRST QUARTER 2023
• Net sales were SEK 7,289 m (7,518); a decrease of -3%, of which -13% was organic growth.
• Operating profit (EBITA1)) before items affecting comparability2) was SEK 847 m (1,114), corresponding to a margin
of 11.6% (14.8%).
• Items affecting comparability were SEK -26 m (-159).
• Operating profit (EBITA1)) was SEK 821 m (955), corresponding to a margin of 11.3% (12.7%).
• Operating profit (EBIT) was SEK 667 m (812), corresponding to a margin of 9.2% (10.8%).
• Profit (loss) for the quarter was SEK 334 m (494).
• Earnings per share were SEK 1.04 (1.54).
• Adjusted earnings per share3) were SEK 1.44 (2.27).
• Cash flow for the quarter was SEK -37 m (-1,305). Operating cash flow was SEK 294 m (-398).
• Net debt to EBITDA leverage ratio at the end of the quarter was 3.2x (2.7x). The ratio at year end 2022 was 3.0x.
• Credit facilities agreement with bank group renewed and new credit facility with Svensk Exportkredit signed.
•

FINANCIAL OVERVIEW

Q1 Q1 LTM FY
SEK m 2023 2022 2023 2022
Net sales 7,289 7,518 29,535 29,764
Operating profit (EBITA¹⁾) before items affecting comparability²⁾ 847 1,114 3,664 3,931
% of net sales 11.6% 14.8% 12.4% 13.2%
Operating profit (EBITA¹⁾) 821 955 3,266 3,399
% of net sales 11.3% 12.7% 11.1% 11.4%
Operating profit (EBIT) 667 812 2,644 2,789
% of net sales 9.2% 10.8% 9.0% 9.4%
Profit (loss) for the period 334 494 1,624 1,784
Earnings per share, SEK 1.04 1.54 5.10 5.58
Adjusted earnings per share, SEK³⁾ 1.44 2.27 7.49 8.32
Cash flow for the period -37 -1,305 1,141 -127
Operating cash flow 294 -398 2,962 2,268
Net debt to EBITDA leverage ratio 3.2x 2.7x 3.2x 3.0x
RoOC, excluding goodwill and trademarks 20.5% 34.1% 20.5% 23.1%
See definitions of measures and KPIs at the end of the report. See detailed reconciliation tables on www.dometicgroup.com/investors for reconciliation of non-IFRS measures to IFRS
²⁾See Note 6 Items affecting comparability
³⁾Excludes the impact from Amortization of acquisition-related intangible assets and items affecting comparability

¹⁾Before Amortization of acquisition-related intangible assets

QUARTERLY REPORT
Q1 2023
Solna, April 26, 2023

EBITA MARGIN OF 11.6% AND SIGNIFICANTLY IMPROVED OPERATING CASH FLOW

===== SIDA 2 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 2

CEO COMMENTS
The first quarter result 2023, with a solid double-digit EBITA1) margin despite extremely
challenging market conditions and macroeconomic uncertainty, shows how our strategic
initiatives are transforming Dometic into a more diversified and resilient company. RV
(Recreational Vehicle) industry production in the US declined by 54 percent year to
date, while high retailer inventory levels continued to affect our Service & Aftermarket
business globally. In this environment, net sales for the quarter reached SEK 7,289 m
(7,518) and both the Marine and Global segments reported organic net sales growth.
For the Group, organic net sales declined by 13 percent. Service & Aftermarket organic
net sales declined by 19 percent, a sequential improvement compared with the fourth
quarter of 2022. We expect a continued gradual improvement over the coming quarters.
Operating cash flow improved significantly to SEK 294 m (-398), supported primarily by
sequentially reduced inventories.
EBITA1) was SEK 847 m (1,114), corresponding to a margin of 11.6 percent (14.8). The
decline was attributable to the EMEA and Americas segments, while the margin
improved in the APAC, Marine and Global segments. The margin for the Americas
segment continued to be negatively impacted by significantly lower net sales in both RV
OEM (Recreational Vehicle manufacturers) and Service & Aftermarket. The sales mix,
with a lower share of Service & Aftermarket net sales, also had a negative effect on the
margin for the EMEA segment. In addition, extraordinary logistics-related costs and
inefficiencies in manufacturing linked to the factory transfer from Germany to our
existing site in Hungary, continued to have an adverse impact on the EMEA result. We
are taking additional measures to improve the results in EMEA and Americas, and
expect to see gradual improvements in 2023. The global restructuring programs
announced in 2019 and 2022 are continuing at high pace, and today there are 14
percent fewer FTEs (full-time equivalents) in the company than a year ago. At the same
time we are increasing our investments in product development and in strategic
structural growth areas such as Mobile Power Solutions and Mobile Cooling.
The Igloo business continues to perform well, with mid-single-digit organic net sales
growth and an improved EBITA1) margin compared with the same period last year.
There is nothing new to report regarding the lawsuit filed by the sellers of Igloo, which
we communicated in the fourth quarter of 2022.
The innovation index was 14 percent (21 percent), as earlier semiconductor supply
constraints impacted product launches in 2022. Our focus on reducing inventories, by
driving sales on existing products, is also having a temporary negative impact on the
index. Our pipeline of new products is strong, we have increased investments in product
development, and we expect to see improvements towards our innovation target of 25
percent as inventories of existing products are sold.
Our sustainability activities are generating results and all four KPIs reported on a
quarterly basis on page 6 in this report are tracking well towards our targets for 2024.
Operating cash flow improved and our inventory levels continued to decline. Net debt to
EBITDA leverage ratio increased as expected to 3.2x compared to 3.0x at the end of
2022, due to normal seasonality patterns. We have established a solid and flexible
financing solution for our business, and at the end of March we proactively refinanced
part of the credit facilities agreement with our bank group. In addition, we signed a new
3.5-year loan with Svensk Exportkredit, which further broadens our funding sources.
The focus on cash flow across the Group is strong, inventories will continue to decline,
and we are committed to achieving our net debt to EBITDA leverage ratio target of
around 2.5x.
We are optimistic about the long-term trends in the Mobile Living industry, however it is
difficult to predict how the current macroeconomic situation will impact the business in
the short term. We anticipate a gradual recovery in demand in Service & Aftermarket
over the coming quarters, and continued stable development in the Distribution sales
channel. In the OEM sales channel we foresee a gradual weakened demand over the
coming quarters, with the exception of RV Americas where we expect to see a
stabilization in demand by the end of the year. In this environment we will continue to
drive our strategic agenda to deliver on our targets, while at the same time remaining
agile to quickly respond to short-term market trends.

Juan Vargues, President and CEO 1) Before items affecting comparability

Net Sales, SEK m

Op. profit (EBIT A) before i.a.c . SEK m

Operating cash flow , SEK m

0
10 000
20 000
30 000
40 000
0
2 000
4 000
6 000
8 000
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021 2022 2023
LTMQ
Quarterly Last 12 months (LTM)
0
1,000
2,000
3,000
4,000
5,000
0
400
800
1,200
1,600
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021 2022 2023
LTMQ
Quarterly Last 12 months (LTM)
-1,000
0
1,000
2,000
3,000
4,000
-500
0
500
1,000
1,500
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021 2022 2023
LTMQ
Quarterly Last 12 months (LTM)

===== SIDA 3 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 3

FINANCIAL SUMMARY –
FIRST QUARTER 2023
Net sales were SEK 7,289 m (7,518), a decrease of -3%
compared with the same quarter last year. This comprised -13%
organic growth, 9% currency translation and 0% M&A.
Gross profit was SEK 1,928 m (2,050) corresponding to 26.5%
(27.3%) of net sales. The reduction is mainly due to the sales mix
with a lower share of Service & Aftermarket net sales, and due to
extraordinary logistics-related costs and inefficiencies in
manufacturing in segment EMEA.
Sales and administrative expenses totaled SEK -949 m (-872).
Excluding currency effects and acquisitions, Sales and
administrative expenses were flat compared with the same
quarter last year. Investments in strategic structural growth areas
such as Mobile Power Solutions and Mobile Cooling continued.
Sales and administrative expenses in percent of net sales was
13.0% (11.6%).
Research and development expenses were SEK -144 m (-122)
negatively impacted by currency effects, acquisitions and
investments in product development. In addition, Research and
development expenses of SEK -11 m (-4) were capitalized in the
quarter. In total, this corresponds to 2.1% (1.7%) of net sales.
Other operating income and expenses were SEK 10 m (58)
positively impacted by currency hedge effects. The currency
hedge effects were partly offset by currency transaction effects
mainly impacting gross profit.
Operating profit (EBITA) before amortization of acquisition-
related intangible assets and items affecting comparability
was SEK 847 m (1,114). The corresponding margin was 11.6%
(14.8%). The decline was attributable to segments EMEA and
Americas, while the margin improved in segments APAC, Marine
and Global. Currency effects had a positive impact on the margin.
Amortization of acquisition-related intangible assets were
SEK -154 m (-143).
Items affecting comparability totaled SEK -26 m (-159) and
were mainly related to activities in the previously announced
global restructuring programs.
Operating profit (EBIT) was SEK 667 m (812). The
corresponding margin was 9.2% (10.8%).
Financial items totaled a net amount of SEK -196 m (-127),
including SEK -191 m (-100) in interest on external bank loans.
Other FX revaluations and other items amounted to SEK -17 m
(-43) and financial income amounted to SEK 11 m (16).
Taxes totaled SEK -137 m (-192), corresponding to 29% (28%) of
profit before tax. Current tax amounted to SEK -217 m (-206) and
deferred tax to SEK 80 m (15). Paid tax was SEK 199 m (134)
and includes tax payments related to previous years.
Profit (loss) for the period was SEK 334 m (494).
Earnings per share were SEK 1.04 (1.54).
Adjusted earnings per share were SEK 1.44 (2.27).
Operating cash flow was SEK 294 m (-398).
Operating cash flow was supported by reduced
Inventories while Accounts Receivables increased due
to normal sales seasonality.
Cash flow was SEK -37 m (-1,305). Net cash flow from
investments was SEK -114 m (-737). Net cash flow from financing
was SEK -129 m (-149).
Financial position. Net debt to EBITDA leverage ratio was 3.2x
(2.7x) at the end of the quarter.
Dometic has refinanced part of its credit facilities agreement with
its bank group. A floating rate term loan of USD 210 m previously
expiring in 2024, was replaced with a USD 220 m floating rate
term loan with a 3 year maturity including two 1-year extension
options. A revolving credit facility of EUR 200 m previously
expiring in 2024 was replaced with a 3 year maturity including two
1-year extension options.
In addition, Dometic has signed a 3.5 year floating rate term loan
of USD 44 m with Svensk Exportkredit.
Return on Operating Capital (RoOC) excluding goodwill and
trademarks was 20.5% (34.1%).
Global restructuring programs. Dometic has two programs
running. The first program was initiated 2019 targeting an annual
saving of SEK 400 m to be fully realized by mid 2023 with a total
cost estimated to SEK 750 m. An additional program was
announced in the second quarter 2022, targeting an annual
saving of SEK 200 m to be fully realized by the end of 2023 with a
total cost estimated to SEK 200 m. During the quarter total costs
related to the two programs amounted to SEK -19 m (-136). Since
the start, 24 sites and 1,800 employees have been affected by
the programs with a total cost of SEK -836 m.
Employees. Number of employees in terms of headcount was
8,480 (9,333) at the end of the quarter.
Significant events after the quarter. At the 2023 Annual
Shareholders Meeting held on April 12, 2023, Fredrik Cappelen
was re-elected as member and Chairman of the Board of
Directors. Heléne Vibbleus, Peter Sjölander, Erik Olsson,
Jacqueline Hoogerbrugge, Rainer Schmückle and Mengmeng Du
were re-elected and Patrik Frisk was elected as members of the
Board of Directors. The proposed dividend of SEK 1.30 per share
was approved.
There have been no other significant events that have impacted
the financial reporting after the balance sheet date.

===== SIDA 4 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 4

FINANCIAL PERFORMANCE BY SEGMENT

SEGMENT AMERICAS
FIRST QUARTER 2023 NET SALES AND OPERATING PROFIT
Segment Americas reported net sales of SEK 1,234 m (1,927), representing 17% (26%) of Group net sales. Total growth was
-36%, of which -48% was organic growth, 12% currency translation and 0% M&A. Net sales declined in all application areas.
The organic net sales decline was mainly due to significantly lower RV OEM net sales as well as lower Service & Aftermarket
net sales.
Operating profit (EBITA) before amortization of acquisition-related intangible assets and items affecting comparability was SEK
-61 m (130), corresponding to a margin of -5.0% (6.8%). The decline was driven by the significant net sales reduction. Items
affecting comparability totaled SEK -1 m (-131). Amortization of acquisition-related intangible assets totaled SEK -30 m (-27).
Operating profit (EBIT) was SEK -92 m (-28), corresponding to a margin of -7.5% (-1.4%).
SEGMENT EMEA
FIRST QUARTER 2023 NET SALES AND OPERATING PROFIT
Segment EMEA reported net sales of SEK 2,170 m (2,179), representing 30% (29%) of Group net sales. Total growth was 0%,
of which -7% was organic growth, 6% currency translation and 1% M&A. Net sales growth in application areas Food & Beverage
and Other applications was offset by decline in application areas Climate and Power & Control. The organic net sales decline
was due to lower Service & Aftermarket and Distribution net sales. This was partly offset by stronger CPV OEM (Commercial
and passenger vehicles) and RV OEM net sales.
Operating profit (EBITA) before amortization of acquisition-related intangible assets and items affecting comparability was SEK
185 m (385), corresponding to a margin of 8.5% (17.7%). The sales mix, with a lower share of Service & Aftermarket net sales,
had a negative effect on the margin. In addition, extraordinary logistics-related costs and inefficiencies in manufacturing linked to
the factory transfer from Germany to an existing site in Hungary, continued to have an adverse impact on the result. Currency
effects had a positive impact on the margin. Items affecting comparability totaled SEK -18 m (-27). Amortization of acquisition-
related intangible assets totaled SEK -19 m (-20). Operating profit (EBIT) was SEK 149 m (338), corresponding to a margin of
6.9% (15.5%).
SEGMENT APAC
FIRST QUARTER 2023 NET SALES AND OPERATING PROFIT
Segment APAC reported net sales of SEK 501 m (535), representing 7% (7%) of Group net sales. Total growth was -8%, of
which -13% was organic growth, 5% currency translation and 0% M&A. The net sales decline was mainly driven by application
area Food & Beverage, partly offset by growth in application area Power & Control. The organic net sales decline was due to
lower Distribution and Service & Aftermarket net sales.
Q1 Q1 LTM FY
SEK m 2023 2022 Reported Organic⁽¹⁾ 2023 2022
Americas 1,234 1,927 -36% -48% 6,087 6,780
EMEA 2,170 2,179 0% -7% 7,961 7,970
APAC 501 535 -8% -13% 2,190 2,231
Marine 1,756 1,486 19% 8% 6,972 6,695
Global 1,628 1,390 17% 5% 6,324 6,086
Net sales 7,289 7,518 -3% -13% 29,535 29,764
Americas -61 130 141 330
EMEA 185 385 642 838
APAC 130 136 549 555
Marine 462 371 1,839 1,743
Global 130 91 491 464
Operating profit (EBITA⁽²⁾) before i.a.c.⁽³⁾ 847 1,114 3,664 3,931
Americas -5.0% 6.8% 2.3% 4.9%
EMEA 8.5% 17.7% 8.1% 10.5%
APAC 25.9% 25.3% 25.1% 24.9%
Marine 26.3% 25.0% 26.4% 26.0%
Global 8.0% 6.6% 7.8% 7.6%
Operating profit (EBITA) before i.a.c. % 11.6% 14.8% 12.4% 13.2%
Change (%)
⁽¹⁾Net sales growth excluding acquisitions /divestments and currency translation effects .
⁽²⁾Before Amortization of acquisition-related intangible assets .

⁽³⁾See note 4 for Operating profit (EBIT) by segment and note 6 for details on i.a.c. (items affecting comparabilty).

===== SIDA 5 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 5

Operating profit (EBITA) before amortization of acquisition-related intangible assets and items affecting comparability was SEK
130 m (136), corresponding to a margin of 25.9% (25.3%) supported by cost reductions. Items affecting comparability totaled
SEK -2 m (-). Amortization of acquisition-related intangible assets totaled SEK -5 m (-6). Operating profit (EBIT) was SEK 122 m
(130), corresponding to a margin of 24.4% (24.2%).
SEGMENT MARINE
FIRST QUARTER 2023 NET SALES AND OPERATING PROFIT
Segment Marine reported net sales of SEK 1,756 m (1,486), representing 24% (20%) of Group net sales. Total growth was
19%, of which 8% was organic growth, 9% currency translation and 1% M&A. Net sales growth was driven by application areas
Power & Control and Climate. The organic net sales growth was driven by strong OEM net sales, partly offset by lower Service
& Aftermarket net sales.
Operating profit (EBITA) before amortization of acquisition-related intangible assets and items affecting comparability was SEK
462 m (371), corresponding to a margin of 26.3% (25.0%). The improvement was supported by net sales growth, partly offset by
the sales mix with a lower share of Service & Aftermarket net sales. Items affecting comparability totaled SEK - m (-).
Amortization of acquisition-related intangible assets totaled SEK -51 m (-46). Operating profit (EBIT) was SEK 412 m (325),
corresponding to a margin of 23.4% (21.9%).
SEGMENT GLOBAL
FIRST QUARTER 2023 NET SALES AND OPERATING PROFIT
Segment Global consists of the Igloo business and Other global verticals. Other global verticals includes the businesses of
Residential, Hospitality and Mobile deliveries.
Segment Global reported net sales of SEK 1,628 m (1,390), representing 22% (18%) of Group net sales. Total growth was 17%,
of which 5% was organic growth, 12% currency translation and 0% M&A. The organic net sales growth was driven by the Igloo
and Hospitality businesses.
Operating profit (EBITA) before amortization of acquisition-related intangible assets and items affecting comparability was SEK
130 m (91), corresponding to a margin of 8.0% (6.6%). The improvement was supported by net sales growth. Both the Igloo
business and Other global verticals delivered a margin above the same quarter last year. Items affecting comparability totaled
SEK -5 m (-). Amortization of acquisition-related intangible assets totaled SEK -49 m (-44). Operating profit (EBIT) was SEK 76
m (47), corresponding to a margin of 4.7% (3.4%).

===== SIDA 6 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 6

SUSTAINABILITY UPDATE
As a pioneer in the Mobile Living arena, Dometic is committed to driving sustainability in its industry. This means offering
innovative, durable, low-carbon products that inspire an active, comfortable, and responsible life in the outdoors. Dometic also
provides a safe, healthy, diverse, and inclusive workplace and ensures business practices meet the highest ethical standards.
Dometic’s sustainability platform consists of three focus areas – People, Planet, Governance – with strong ownership in Group
management and with clear KPIs, targets and activities implemented in daily operations. Progress on all defined targets is
reported externally as part of the Annual and Sustainability Report. In addition, on four of the KPIs, progress is reported on a
quarterly basis.
Actual result, Baseline and Targets in the table below are excluding acquisitions in 2021 and 2022. The process of including
acquired companies has started and actual result including acquisitions is included for some KPIs in the text below.

LTIFR (Lost Time Injury Frequency Rate). The LTIFR for the first quarter 2023 was 1.6 (2.0), corresponding to an
improvement of 18% compared with the same period last year and an improvement of 20% compared with the target for 2024.
The result is supported by all segments through a continued focus on injury prevention. Including acquisitions in 2021 and 2022,
the LTIFR actual result was 1.5.
Share of female managers. The share of female managers has increased to 26% (24%). The company is accelerating its
efforts in this area and all segments are continuing to work on segment-specific Diversity & Inclusion targets with corresponding
action plans. Including acquisitions in 2021 and 2022, the share of female managers actual result was 26%.
Reduction of CO2 ton1)/net sales SEK m. Emissions in relation to net sales has decreased by -41% (-29%) compared with the
baseline year (2020). Main driver for the improvement is the transition to renewable electricity supply in all European
manufacturing facilities, as well as at sites in the US. Absolute CO2 emissions decreased by 29% compared with the baseline
year, while the share of renewable indirect energy (scope 2) LTM (last twelve months) increased to 36% compared with 6% in
the baseline year.

Share of new suppliers being ESG audited. As of last year Dometic extended its proactive focus on supplier audits, ensuring
that at least 90% of all new significant direct material suppliers are audited regarding ESG compliance. In the first quarter of
2023, 94% (100%) of the new significant suppliers have been audited for ESG compliance with a satisfactory result. The
remaining new suppliers are scheduled to be audited during the second quarter of 2023.

1) Scope 1 and 2 emissions represented by fuel combustion, electricity and district heating used on operation sites.
Focus area KPI Actual result
Previous
year⁽²⁾
Baseline
(Year)⁽³⁾
Target 2024
People LTIFR 1.6 2.0 2.4 (2021) <2.0
People Share of female managers 26% 24% 24% (2021) 27% (increase 1%
point per year)
Planet Reduction in CO₂ ton / net sales
SEK m⁽¹⁾ -41% -29% 2.0 (2020) -30%
Governance Share of new suppliers being ESG
audited 94% 100% n/a 90%
⁽²⁾ Previous year refers to actual results for the same reporting period previous year .
⁽¹⁾Adjusted for acquisitions and currency translation effects .
⁽³⁾Baseline refers to actual results (and year) used as starting point for Dometic's targets.

===== SIDA 7 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 7

PARENT COMPANY DOMETIC GROUP AB (PUBL)
First quarter 2023
The Parent Company Dometic Group AB (publ) comprises the functions of the Group’s head office, such as Group management
and administration. The Parent Company invoices its costs to subsidiaries.
For the quarter, the Parent Company had an operating profit (loss) of SEK 2 m (-1), including administrative expenses of SEK
-51 m (-60) and other operating income of SEK 53 m (59), of which the full amount relates to income from subsidiaries.
Profit (loss) from financial items totaled SEK -110 m (44), including interest income from Group companies of
SEK 203 m (72) and other financial income and expenses of SEK -312 m (-28).
Group contributions were SEK 107 m (-).
Profit (loss) for the quarter amounted to SEK -4 m (44).

For further information, please refer to the Parent Company’s condensed financial statements on page 12.

Solna, April 26, 2023

Juan Vargues
President and CEO

REVIEW
This interim report has not been subject to review by Dometic Group AB (publ)’s external auditor.

===== SIDA 8 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 8

CONSOLIDATED INCOME STATEMENT

CONSOLIDATED STATEMENT
OF COMPREHENSIVE INCOME

Q1 Q1 FY
SEK m 2023 2022 2022
Net sales 7,289 7,518 29,764
Cost of goods sold -5,361 -5,468 -21,883
Gross Profit 1,928 2,050 7,880

Sales expenses -562 -524 -2,185
Administrative expenses -387 -348 -1,376
Research and development expenses -144 -122 -531
Other operating income and expenses 10 58 143
Items affecting comparability -26 -159 -532
Amortization of acquisition-related intangible assets -154 -143 -611
Operating profit 667 812 2,789

Financial income 11 16 45
Financial expenses -208 -143 -396
Net financial expenses -196 -127 -351

Profit (loss) before tax 471 685 2,438

Taxes -137 -192 -654
Profit (loss) for the period 334 494 1,784

Profit (loss) for the period attributable to owners of the Parent Company 334 494 1,784
Earnings per share before and after dilution, SEK - Owners of the Parent Company 1.04 1.54 5.58
Average number of shares, million 319.5 319.5 319.5

Q1 Q1 FY
SEK m 2023 2022 2022
Profit (loss) for the period 334 494 1,784
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss:
Remeasurements of defined benefit pension plans,
net of tax 2 121 178
2 121 178
Items that may be reclassified subsequently to profit or loss:
Cash flow hedges, net of tax 6 -5 -73
Gains/losses from hedges of net investments in foreign operations, net of tax -48 150 573
Exchange rate differences on translation of foreign operations -203 664 2,289
-245 809 2,788
Other comprehensive income for the period -243 931 2,966

Total comprehensive income for the period 91 1,424 4,751

Total comprehensive income for the period attributable to
Owners of the Parent Company 91 1,424 4,751

===== SIDA 9 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 9

CONSOLIDATED
BALANCE SHEET (IN SUMMARY)

SEK m Mar 31, 2023 Mar 31, 2022 Dec 31, 2022
ASSETS
Non-current assets
Goodwill and trademarks 27,813 27,182 28,107
Other intangible assets 7,410 7,362 7,580
Tangible assets 2,507 2,353 2,540
Right-of-use assets 1,319 1,010 972
Deferred tax assets 626 640 513
Other non-current assets 175 160 168
Total non-current assets 39,850 38,707 39,879

Current assets
Inventories 8,994 8,227 9,314
Trade receivables 4,045 4,098 2,807
Current tax assets 116 27 109
Derivatives, current 77 159 147
Other current receivables 425 452 506
Prepaid expenses and accrued income 247 214 289
Cash and cash equivalents 4,356 3,138 4,399
Total current assets 18,260 16,315 17,572
TOTAL ASSETS 58,109 55,022 57,451

EQUITY AND LIABILITIES

EQUITY 26,506 23,871 26,415

LIABILITIES
Non-current liabilities
Liabilities to credit institutions, non-current 15,357 16,314 15,304
Deferred tax liabilities 3,114 2,952 3,113
Other non-current liabilities 52 3,166 90
Leasing liabilities, non-current 1,053 803 740
Provisions for pensions 528 594 528
Other provisions, non-current 260 276 255
Total non-current liabilities 20,365 24,105 20,030

Current liabilities
Liabilities to credit institutions, current 3,382 - 3,339
Trade payables 3,054 3,941 2,978
Current tax liabilities 314 555 296
Advance payments from customers 47 49 47
Leasing liabilities, current 387 322 351
Derivatives, current 71 31 111
Other provision, current 599 461 594
Other current liabilities* 1,790 242 1,919
Accrued expenses and prepaid income 1,594 1,445 1,371
Total current liabilities 11,239 7,045 11,007
TOTAL LIABILITIES 31,604 31,150 31,037
TOTAL EQUITY AND LIABILITIES 58,109 55,022 57,451

* Other current liabilities includes short-term considerations not yet paid from Q3 2022.

===== SIDA 10 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 10

CONSOLIDATED STATEMENT
OF CHANGES IN EQUITY (IN SUMMARY)

Q1 Q1 FY
SEK m 2023 2022 2022
Opening balance for the period 26,415 22,447 22,447
Profit (loss) for the period 334 494 1,784
Other comprehensive income for the period -243 931 2,966
Total comprehensive income for the period 91 1,424 4,751

Transactions with owners
Dividend paid to shareholders of the Parent Company - - -783
Total transactions with owners - - -783

Closing balance for the period 26,506 23,871 26,415

===== SIDA 11 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 11

CONSOLIDATED STATEMENT
OF CASH FLOW

Q1 Q1 FY
SEK m 2023 2022 2022
Cash flow from operating activities
Operating profit 667 812 2,789
Adjustment for non-cash items
Depreciation and amortization 365 335 1,477
Other non-cash items 32 39 421
Changes in working capital
Changes in inventories 307 -884 -1,247
Changes in trade receivables -1,233 -1,288 231
Changes in trade payables 74 599 -609
Changes in other working capital* 191 103 -200
Income tax paid -199 -134 -991
Net cash flow from operations 205 -418 1,869

Cash flow from investments
Acquisition of operations, net of cash acquired* - -628 -847
Investments in fixed assets -110 -115 -593
Proceeds from sale of fixed assets 0 - 4
Other investing activities -4 5 10
Net cash flow from investments -114 -737 -1,426

Cash flow from financing
Borrowings from credit institutions - - 1,000
Repayment of loans to credit institutions - - -
Payment of lease liabilities related to lease agreements -88 -78 -343
Paid interest -118 -49 -492
Received interest 4 1 3
Other financing activities 73 -24 45
Dividend paid to shareholders of the Parent Company - - -783
Net cash flow from financing -129 -149 -570

Cash flow for the period -37 -1,305 -127

Cash and cash equivalents at beginning of period 4,399 4,408 4,408
Exchange differences on cash and cash equivalents -6 35 117
Cash and cash equivalents at end of period 4,356 3,138 4,399
*As from Q4 2022 the cash flow effect from paid deferred considerations is classified within Cash flow from investments on row
Acquisition of operations, net of cash acquired.

===== SIDA 12 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 12

PARENT COMPANY
INCOME STATEMENT

PARENT COMPANY
BALANCE SHEET (IN SUMMARY)

Q1 Q1 FY
SEK m 2023 2022 2022
Administrative expenses -51 -60 -228
Other operating income 53 59 225
Operating profit (loss) 2 -1 -3

Interest income from Group companies 203 72 509
Interest expenses to Group companies - - -
Other financial income and expenses -312 -28 -503
Profit (loss) from financial items -110 44 6

Group contributions 107 - -
Profit (loss) before tax -0 44 3

Taxes -4 - -14
Profit (loss) for the period -4 44 -11
SEK m Mar 31, 2023 Mar 31, 2022 Dec 31, 2022
ASSETS
Non-current assets
Shares in subsidiaries 16,228 16,228 16,228
Other non-current assets 4,672 11,183 12,521
Total non-current assets 20,900 27,411 28,749

Current assets
Current assets 10,431 2,694 2,462
Total current assets 10,431 2,694 2,462
TOTAL ASSETS 31,331 30,105 31,212

EQUITY 12,056 12,897 12,060

PROVISIONS
Provisions 108 106 104
Total provisions 108 106 104

LIABILITIES
Non-current liabilities
Non-current liabilities 15,357 16,314 15,304
Total non-current liabilities 15,357 16,314 15,304

Current liabilities
Current liabilities 3,810 789 3,745
Total current liabilities 3,810 789 3,745
TOTAL LIABILITIES 19,275 17,208 19,152
TOTAL EQUITY AND LIABILITIES 31,331 30,105 31,212

===== SIDA 13 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 13

CONDENSED NOTES
NOTE 1 | ACCOUNTING PRINCIPLES
Dometic Group AB (publ) and its subsidiaries (together “the
Dometic Group”, “Dometic” or “the Group”) applies International
Financial Reporting Standards (IFRS), as endorsed by the
European Union. This consolidated Interim Financial Report has
been prepared in accordance with IAS 34 ‘Interim Financial
Reporting’.
The accounting and valuation principles in this interim report
correspond to principles applied by the Group in the 2022 Annual
and Sustainability Report and should be read in conjunction with
that Annual and Sustainability Report, available at
www.dometicgroup.com.
The Swedish Annual Accounts Act and RFR 2 Accounting for
Legal Entities, issued by the Swedish Financial Reporting Board,
have been applied for the Parent Company. The interim report
comprises pages 1–20 and pages 1–11 are thus an integral part
of this financial report (IAS 34.16A).
Totals quoted in tables and statements may not always be the
exact sum of the individual items because of rounding
differences. The aim is for each line item to correspond to its
source, and rounding differences may therefore arise.
New or amended accounting policies for 2023 adopted by the
Group
A detailed description of the accounting and valuation principles
for new or amended accounting policies for 2023 applied by the
Group in this interim report can be found in Note 2.1.1 Changes in
accounting policies, New or amended accounting policies for
2023, of the 2022 Annual and Sustainability Report available at
www.dometicgroup.com.
NOTE 2 | RISKS AND UNCERTAINTIES
Risks are part of any business and as a global Group with
production and distribution all over the world Dometic faces risks
that can impact its ability to achieve established strategic and
other objectives, including financial targets. Effective risk
management of strategic, execution, compliance & regulatory and
reporting risks creates opportunities and effective risk mitigation.
Dometic’s risks and risk management are described on pages 63-
67 and on pages 94-97 in the 2022 Annual and Sustainability
Report, available at www.dometicgroup.com.
NOTE 3 | FINANCIAL INSTRUMENTS
Dometic uses interest rate swaps to hedge senior facility term
loans to move from a floating interest rate to a fixed interest rate.
The Group also uses currency forward agreements to hedge part
of its cash flow exposure.
The fair values of Dometic’s derivative assets and liabilities were
SEK 77 m (159) and SEK 71 m (31). The value of derivatives is
based on published prices in an active market. No transfers
between levels of the fair value hierarchy have occurred during
the period.
For financial assets and liabilities other than derivatives, fair value
is assumed to be equal to the carrying amount.

TABLE TO NOTE 3 – FINANCIAL INSTRUMENTS

Mar 31, 2023
Balance sheet
carrying amount
Financial
instruments at
amortized cost
Financial
instruments at
fair value
Derivatives used
for hedging
Per category
Derivatives 77 - 34 42
Financial assets 9,000 9,000 - -
Total financial assets 9,077 9,000 34 42
Derivatives 71 - 16 54
Financial liabilities 23,636 22,118 1,518 -
Total financial liabilities 23,706 22,118 1,534 54

===== SIDA 14 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 14

NOTE 4 | SEGMENT INFORMATION
CONSOLIDATED OPERATING SEGMENTS

Q1 Q1 FY
SEK m 2023 2022 2022
Net sales, external
Americas 1,234 1,927 6,780
EMEA 2,170 2,179 7,970
APAC 501 535 2,231
Marine 1,756 1,486 6,695
Global 1,628 1,390 6,086
Total net sales, external 7,289 7,518 29,764
Operating profit (EBITA) before items affecting comparability
Americas -61 130 330
EMEA 185 385 838
APAC 130 136 555
Marine 462 371 1,743
Global 130 91 464
Total operating profit (EBITA) before items affecting comparability 847 1,114 3,931
Operating profit (EBITA) before items affecting comparability %
Americas -5.0% 6.8% 4.9%
EMEA 8.5% 17.7% 10.5%
APAC 25.9% 25.3% 24.9%
Marine 26.3% 25.0% 26.0%
Global 8.0% 6.6% 7.6%
Total operating profit (EBITA) before items affecting comparability % 11.6% 14.8% 13.2%
Amortization of acquisition-related intangible assets
Americas -30 -27 -118
EMEA -19 -20 -74
APAC -5 -6 -21
Marine -51 -46 -202
Global -49 -44 -196
Total amortization of acqusition-related intangible assets -154 -143 -611
Items affecting comparability
Americas -1 -131 -151
EMEA -18 -27 -370
APAC -2 - -4
Marine - -0 -1
Global -5 -0 -7
Total items affecting comparability -26 -159 -532
Operating profit (EBIT)
Americas -92 -28 61
EMEA 149 338 394
APAC 122 130 531
Marine 412 325 1,541
Global 76 47 262
Total operating profit (EBIT) 667 812 2,789
Operating profit (EBIT) %
Americas -7.5% -1.4% 0.9%
EMEA 6.9% 15.5% 4.9%
APAC 24.4% 24.2% 23.8%
Marine 23.4% 21.9% 23.0%
Global 4.7% 3.4% 4.3%
Total operating profit (EBIT) % 9.2% 10.8% 9.4%
Financial income 11 16 45
Financial expenses -208 -143 -396
Taxes -137 -192 -654
Profit (loss) for the period 334 494 1,784

===== SIDA 15 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 15

NET SALES BY APPLICATION AREAS

Inter-segment sales were as follows.

Q1 Q1 FY
SEK m 2023 2022 2022
Segment Americas
Food & Beverage 255 439 1,494
Climate 491 847 2,970
Power & Control 197 296 1,032
Other applications 290 344 1,284
Segment Americas net sales, external 1,234 1,927 6,780

Segment EMEA
Food & Beverage 803 764 2,871
Climate 1,025 1,065 3,763
Power & Control 241 255 925
Other applications 101 95 412
Segment EMEA net sales, external 2,170 2,179 7,970

Segment APAC
Food & Beverage 181 230 919
Climate 174 177 734
Power & Control 107 91 431
Other applications 39 37 147
Segment APAC net sales, external 501 535 2,231

Segment Marine
Food & Beverage 53 50 217
Climate 390 280 1,262
Power & Control 1,061 876 3,939
Other applications 252 280 1,278
Segment Marine net sales, external 1,756 1,486 6,695

Segment Global
Food & Beverage 1,603 1,373 6,009
Climate 1 1 4
Power & Control 0 0 3
Other applications 24 16 71
Segment Global net sales, external 1,628 1,390 6,086

Net sales, external
Food & Beverage 2,895 2,856 11,509
Climate 2,081 2,370 8,732
Power & Control 1,606 1,519 6,331
Other applications 706 772 3,191
Total net sales, external 7,289 7,518 29,764
Q1 Q1 FY
SEK m 2023 2022 2022
Segment Americas 66 35 170
Segment EMEA 68 102 340
Segment APAC 569 995 3,316
Segment Marine 9 14 49
Segment Global - - -
Eliminations 712 1,146 3,875

===== SIDA 16 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 16

NOTE 5 | NET SALES BY SALES CHANNEL

NOTE 6 | ITEMS AFFECTING COMPARABILITY

The table below specifies items affecting comparability by function and other operating income and expenses.

Q1 Q1 FY
SEK m 2023 2022 Reported Organic⁽¹⁾ 2022
Net sales, external
OEM 3,171 3,309 -4% -14% 13,034
Distribution 2,190 2,087 5% -5% 8,688
Service & Aftermarket 1,929 2,121 -9% -19% 8,041
Total net sales, external 7,289 7,518 -3% -13% 29,764
⁽¹⁾Net sales growth excluding acquisitions /divestments and currency translation effects.
Change (%)
Q1 Q1 FY
SEK m 2023 2022 2022
Global restructuring program -19 -136 -499
Other -7 -23 -33
Total -26 -159 -532
Global restructuring program Q1 Q1 FY
SEK m 2023 2022 2022
Cost of goods sold -15 -135 -476
Sales expenses -4 - -3
Administrative expenses - - -8
Research and development expenses - - -11
Other operating income and expenses - -1 -2
Total -19 -136 -499
Other Q1 Q1 FY
SEK m 2023 2022 2022
Cost of goods sold - - -
Sales expenses - -22 -21
Administrative expenses - - -1
Research and development expenses - - -
Other operating income and expenses -7 -1 -11
Total -7 -23 -33

Total Q1 Q1 FY
SEK m 2023 2022 2022
Cost of goods sold -15 -135 -476
Sales expenses -4 -22 -24
Administrative expenses - - -8
Research and development expenses - - -11
Other operating income and expenses -7 -2 -13
Total -26 -159 -532

===== SIDA 17 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 17

NOTE 7 | AMORTIZATION OF ACQUISITION-RELATED INTANGIBLE ASSETS BY FUNCTION
The table below specifies amortization of acquisition-related intangible assets by function and other operating income and expenses.

NOTE 8 | ADJUSTED EARNINGS PER SHARE
Specification of Adjusted earnings per share. Adjusted earnings per share excludes the impact from amortization of acquisition-related
intangible assets and items affecting comparability.

NOTE 9 | NET DEBT TO EBITDA LEVERAGE RATIO
Specification of Net debt to EBITDA leverage ratio.

SEK m
Amortization
Trademarks
Amortization
of Customer
Relationship
Assets
Amortization
of
Technology
Amortization
of
intellectual
property Total
Q1 2023 - - -18 -1 -19
Q1 2022 - - -17 -0 -17
FY 2022 - - -74 -1 -75

Q1 2023 -23 -112 - - -135
Q1 2022 -22 -104 - - -126
FY 2022 -91 -444 - - -535

Q1 2023 -23 -112 -18 -1 -154
Q1 2022 -22 -104 -17 -0 -143
FY 2022 -91 -444 -74 -1 -611
Sales expenses
Cost of goods sold
Total Amortization of acquisition-related intangible assets
Q1 Q1 FY
SEK m 2023 2022 2022
Profit (loss) before tax, reported 471 685 2,438
A) Adjustment for amortization of acquisition-related intangible assets 154 143 611
B) Adjustment for items affecting comparability 26 159 532
Profit (loss) before tax, adjusted 651 987 3,581
Taxes, reported -137 -192 -654
Taxes, adjustment for A) and B) -52 -69 -270
Profit (loss) for the period, adjusted 462 726 2,658
Average number of shares 319.5 319.5 319.5
Earnings per share, adjusted 1.44 2.27 8.32
SEK m Mar 31, 2023 Mar 31, 2022 Dec 31, 2022
Liabilities to credit institutions, non-current 15,357 16,314 15,304
Liabilities to credit institutions, current 3,382 0 3,339
Add back capitalized transation costs 35 56 41
Liabilities to credit institutions excluding capitalized transaction costs 18,774 16,369 18,683

Total cash and cash equivalents -4,356 -3,138 -4,399

Net Debt 14,417 13,231 14,284

EBITDA before items affecting comparability (i.a.c) LTM 4,550 4,282 4,797
EBITDA Acquisitions proforma LTM - 572 10
EBITDA before i.a.c. incl acquisitions proforma LTM 4,550 4,854 4,807
Net debt to EBITDA leverage ratio 3.2x 2.7x 3.0x

===== SIDA 18 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 18

NOTE 10 | RIGHT-OF-USE ASSETS
Right-of-use assets information is specified below:

NOTE 11 | TRANSACTIONS WITH RELATED
PARTIES
No transactions between Dometic and related parties that have
significantly affected the company’s position and earnings took
place during Q1 2023.

NOTE 12 | ACQUISITIONS AND DIVESTMENTS

2023
Dometic has not made any acquisitions or divestments during Q1
2023.

2022
Acquisitions during the year
The purchase price allocation of Cadac International, NDS
Energy and Treeline Capital are considered to be final.

Effect on group cash flow
Effect on group cash flow amounts to SEK – m (-847).

See the Annual and Sustainability Report 2022 note 29 for details
on acquisitions completed in 2022.

NOTE 13 | SIGNIFICANT EVENTS AFTER THE
PERIOD
At the 2023 Annual Shareholders Meeting held on April 12, 2023,
Fredrik Cappelen was re-elected as member and Chairman of the
Board of Directors. Heléne Vibbleus, Peter Sjölander, Erik
Olsson, Jacqueline Hoogerbrugge, Rainer Schmückle and
Mengmeng Du was re-elected and Patrik Frisk were elected as
members of the Board of Directors. The proposed dividend of
SEK 1.30 per share was approved.

There have been no other significant events that have impacted
the financial reporting after the balance sheet date.

Depreciation & amortization Q1 Q1 FY
SEK m 2023 2022 2022
Depreciation and amortization -365 -335 -1,477
Add back depreciation related to right-of-use
assets 88 77 338
Total -278 -257 -1,138
Right-of-use assets
SEK m
Buildings 1,251 930 903
Machinery, equipment and other technical installations 67 81 68
Total 1,319 1,010 972
Mar
31,
2023
Mar
31,
2022
Dec
31,
2022
Acquisition
Date of
announcement
Included and
controlled from Segment
Previous year
net sales⁽¹⁾
Number of
employees⁽¹⁾
Cadac International Sept 16, 2021 Jan 4, 2022 EMEA 17 MEUR 40
NDS Energy Nov 11, 2021 Feb 1, 2022 EMEA 11 MUSD 25
Treeline Capital LLC March 2, 2022 March 2, 2022 Marine 16 MUSD 70
⁽¹⁾Annual net sales and number of employees as disclosed in the press release when announced.

===== SIDA 19 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 19

RECONCILIATION OF NON-IFRS MEASURES TO
IFRS (ALTERNATIVE PERFORMANCE MEASURES)
Dometic presents some financial measures in this interim report, which are not defined by IFRS. The company believes that the se measures
provide valuable additional information to investors and management for evaluating the company’s financial performance, financial position and
trends in the company’s operations. It should be noted that these measures, as defined, may not be comparable to similarly ti tled measures used
by other companies. These non-IFRS measures should not be considered as substitutes for financial reporting measures prepared in accordance
with IFRS. See Dometic’s website www.dometicgroup.com for the detailed reconciliation.
Adjusted earnings per
share
Net profit for the period, excluding the impact from amortization of acquisition-related intangible assets and items
affecting comparability, divided by average number of shares. See note 8.
Core working capital Consists of inventories and trade receivables less trade payables.
EBITDA Operating profit (EBIT) before Depreciation and Amortization. Depreciation also includes depreciation of right -of-
use assets in accordance with IFRS 16 Leases.
EBITDA margin EBITDA divided by net sales
EBITA Operating profit (EBIT) before Amortization of acquisition-related intangible assets.
EBITA margin EBITA divided by net sales.
EBITA bef i.a.c. Operating profit (EBIT) before Amortization of acquisition -related intangible assets and items affecting
comparability.
EBITA bef i.a.c. margin EBITA before i.a.c. divided by net sales.
Net debt Total borrowings including provisions for pensions, accrued interest and capitalized transaction costs, less cash
and cash equivalents.
Net debt to EBITDA
leverage ratio
Net debt excluding provisions for pensions, accrued interest and capitalized transaction costs in relation to last
twelve months EBITDA before items affecting comparability and including acquisitions proforma. Any cash
deposits with tax authorities are treated as cash in the leverage calculation. See note 9.
Operating cash flow Cash flow from operations after investments in fixed assets excluding income tax paid. Paid interest/received
interest is part of net cash flow from financing.
Organic growth Sales growth excluding acquisitions/divestments and currency translation effects. Quarters are calculated at
comparable currency, applying the latest period average rate.
RoOC – Return on
Operating Capital
Operating profit (EBIT) for the four previous quarters, divided by the average operating capital for the previous
four quarters, excluding goodwill and trademarks.
DEFINITIONS AND KEY RATIOS
Capital expenditure Expenses related to the purchase of tangible and intangible assets.
CO2 ton / net sales SEK m CO2 emissions from own operations (scope 1 and 2) divided by currency adjusted net sales. Rolling 12 months
with one month delay in reporting. Scope 1 = energy from fuel combustion used at operation sites (factories,
warehouses, distribution centers), Scope 2 = electricity and district heating used at operation sites. Excludes
acquisitions made in 2021 and 2022.
EPS – Earnings per share Net profit for the period divided by average number of shares.
FY 2022 Full Year. January to December 2022 for Income statement.
i.a.c. – items affecting
comparability
Items affecting comparability are events or transactions with significant financial effects, which are relevant for
understanding the financial performance when comparing profit (loss) for the current period with previous periods.
Items included are for example restructuring programs, expenses related to major revaluations, gains and losses
from acquisitions or disposals of subsidiaries, or major transaction costs related to mergers and acquisitions.
Interest-bearing debt Liabilities to credit institutions plus liabilities to related parties plus provisions for pensions.
LTIFR Lost Time Injury Frequency Rate. Work related accidents with lost time >=1 day per million working hours. Rolling
twelve months with 1 months delay in reporting. Excludes acquisitions made in 2021 and 2022.
LTM Last twelve months.
Net profit Profit (loss) for the period.
OCI Other Comprehensive Income.
Operating capital excluding
goodwill and trademarks
Interest-bearing debt plus equity less cash and cash equivalents, excluding goodwill and trademarks.
Operating profit (EBIT) Operating profit (EBIT) before financial items and taxes.
Operating profit (EBIT)
margin
Operating profit (EBIT) divided by net sales.
Q1 2023 and Q1 2022 January to March 2023 and 2022 for Income Statement.
Share of female managers Percentage of female managers in the company at the end of each period. Excludes acquisitions made in 2021
and 2022.
Share of new suppliers
being ESG audited
Percentage of new significant direct material suppliers that have been ESG audited (on-site, remote or 3rd party
audits), with one month delay in reporting. Measuring period to be included as a new supplier is January 1, 2022
until end of 2024. Excludes acquisitions made in 2021 and 2022.
Working capital Core working capital plus other current assets less other current liabilities and provisions relating to opera tions.

===== SIDA 20 =====

DOMETIC Q1 REPORT ─ SOLNA, APRIL 26, 2023 │ 20

PRESENTATION OF THE INTERIM REPORT
Analysts and media are invited to participate in a telephone conference at 10.00 (CEST), April
26, 2023, during which President and CEO, Juan Vargues and CFO, Stefan Fristedt, will
present the report and answer questions. To participate in the webcast/telephone conference,
please dial in five minutes prior to the start of the conference call. The webcast URL and
presentation are available at www.dometicgroup.com.

Webcast link:

https://dometic.videosync.fi/2023-04-26-q1-2023/register

To participate in conference call to ask questions
Those who wish to participate in the conference call to ask questions in connection with the
webcast are welcome to register on the link below. After the registration you will be
provided phone numbers and a conference ID to access the conference.
Registration link:

https://events.inderes.se/teleconference/?id=100356

FOR FURTHER INFORMATION, PLEASE CONTACT
Rikard Tunedal
Head of Investor Relations
Phone: +46 730 56 97 35
E-mail: rikard.tunedal@dometic.com
Dometic Group AB (publ)
Hemvärnsgatan 15
SE-171 54 Solna, Sweden
Phone: +46 8 501 025 00
www.dometic.com
Corporate registration number 556829-4390

This information is information that Dometic Group AB (publ) is obliged to make public pursuant
to the EU Market Abuse Regulation. The information was submitted for publication, through the
agency of the contact person set out above, at 08.00 CEST on April 26, 2023.
This document is a translation of the Swedish version of the interim report. In the event of any
discrepancy, the Swedish wording shall prevail.

ABOUT DOMETIC
Dometic is a global market leader in the mobile living industry. Millions of people around the world use
Dometic products in outdoor, residential, and professional applications. Our motivation is to create smart,
sustainable, and reliable products with outstanding design for an outdoor and mobile lifestyle in the areas of
Food & Beverage, Climate, Power & Control, and Other Applications. Dometic employs approximately 8,500
people worldwide, had net sales of SEK 29.8 billion in 2022 and is headquartered in Solna, Sweden.
DISCLAIMER
Some statements herein are forward-looking and the actual outcome could be materially different. In addition
to the factors explicitly commented upon, the actual outcome could be materially affected by other factors,
(a) changes in economic, market and competitive conditions, (b) success of business and operating
initiatives, (c) changes in the regulatory environment and other government actions, (d) fluctuations in
exchange rates and (e) business risk management.

FINANCIAL CALENDAR

July 18, 2023
October 26, 2023
January 31, 2024
Interim report for the second quarter 2023
Interim report for the third quarter 2023
Q4 and full year report 2023