Significant events during the month

The December NAV declined by -7% m-on-m. The reduction was primarily driven by the GMV decline within Carmudi’s trading segment.

In December, Carmudi achieved ca. 13.5 kUSD in profit before tax, while EveHR reported a pre-tax loss of ca. -7.5 kUSD.

For further information, please contact

Christopher Beselin, Chairman & IR
Phone: + 84-34-71273 14
Email: christopher.beselin@fram.asia

Son Ngo, Group Finance Director
Phone: + 84-91-8157680
Email: son.ngo@fram.asia

Per Rundblom, CEO
Phone: + 46-708445900
Email: per.rundblom@fram.asia

Certified Adviser

Svensk Kapitalmarknadsgranskning AB (SKMG), https://www.skmg.se

About Fram Skandinavien AB (publ)

Fram Skandinavien AB (publ) is a listed investment company focused on businesses & assets with economics that are fundamentally robust and enduring. The board and management have long track records of company building and investments, both in emerging and developed markets. The collective experiences span both global and regional leaders such as Cevian Capital, Endurance Capital, Boston Consulting Group, Ericsson and Lazada.

This information is information that Fram Skandinavien is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-01-13 08:00 CET.

Attachments

Fram Skandinavien AB (publ) publishes monthly NAV report, December 2025 - NAV at 10 SEK per share
FRAM Monthly Report 2025 12

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