Toivo Group Plc’s half-year review 1 January –30 June 2026: The company initiated projects worth an impressive EUR 60 million in Q2/2026. (Unaudited)

Half-year review, 5 August 2026 at 8:00

KEY EVENTS DURING THE REVIEW PERIOD 1 JANUARY – 30 JUNE 2026

• Revenue EUR 36.7 (23.2) million.
• Contracts for 213 (100) new apartments were signed during the period under review.
• Construction of 187 (136) apartments, 1 (2) care facility and 1 (0) day care facility were started.
• During the period under review, 128 (53) apartments and two (0) social infrastructure properties were completed.

PROSPECTS FOR 2026

• The company expects revenue for the financial year of 1 January–31 December 2026 to be EUR 65-85 million.
• The company expects the operating profit for the financial year of
  1 January–31 December 2026 to be EUR 6–11 million.

CONSOLIDATED KEY FINANCIALS

* The portfolio includes those projects for which the company has the right to purchase the related land areas under pre-agreed conditions, such as the fulfillment of certain criteria like zoning. The value is based on management’s view of the market value of these projects when completed, assuming that all projects in the portfolio are realized. There is a risk associated with the projects that they may not achieve legally binding zoning or building permits, or that the confirmed zoning or building permit does not allow for the implementation of a project as valuable as initially estimated.

CEO MARKUS MYLLYMÄKI

The first half of 2026 was strong for Toivo. Our revenue grew by 58 percent from the comparison period to EUR 36.7 million, and during Q2/2026, we initiated an impressive number of projects, totaling approximately EUR 60 million. Toivo’s strategy, which combines development, construction, management, and sales, has proven its strength in a changing market environment, and we have captured market share.

The outstanding success of Helsinki’s Gemma is an excellent example of Toivo’s expertise in owner-occupied housing development. Already 32 out of the 34 apartments in the project have been reserved. Around 80 households are waiting for the opportunity to participate in the next phases. Gemma’s success is based on its prime location in Sompasaari, sea views, competitive pricing, as well as carefully designed floor plans and effective marketing.

During the review period, we progressed steadily in all key areas. In development, we signed agreements for 213 new apartments and two social infrastructure properties. In construction, we started the building of 187 apartments, one care home, and one daycare center. In sales, we secured several significant agreements, which enabled project starts of approximately EUR 60 million in Q2/2026.

Our cooperation with international and domestic investors has remained active. During the second quarter, we deepened our cooperation with Nuveen and launched new projects with partners such as Premico, Weston, and Norlandia. These transactions demonstrate trust in Toivo’s ability to develop and execute projects that meet even the most demanding return and quality expectations.

I want to thank Toivo’s employees, customers, investors, and partners for their excellent cooperation during the review period. We will steadily continue on our chosen path. We are focusing on profitable, scalable, and responsibly developed real estate complexes in Finland’s growth centers.

PRESS AND ANALYST EVENT

A public, press, and analyst event in Finnish will be held on Wednesday, August 5, 2026, at 11:00 AM as a webcast. You can participate in the webcast via the following link: https://events.inderes.com/toivo/2026-h1

The report will be presented by CEO Markus Myllymäki and CFO Samuli Niemelä. The presentation material will be published later at sijoittajille.toivo.fi and sijoittajille.toivo.fi/en.

Toivo Group Plc

Board of directors

Further information:

Markus Myllymäki

CEO

Toivo Group Plc

Tel. +358 40 847 6206
markus.myllymaki@toivo.fi

About Toivo

Toivo is a Finnish public limited liability company established in 2015.

The Company is based in Helsinki and its registered address is Gransinmäki 6, 02650 Espoo. The shares of the parent company, Toivo Group Plc, were listed on the regulated market of Nasdaq Helsinki in the summer of 2025.

Toivo is a Finnish operator specializing in construction, real estate development, and property ownership. Its mission is to transform real estate value chains and build a distinctive business model in the market. The Group develops, constructs, owns, and sells apartments, plots, social infrastructure, and commercial premises.

Toivo’s business model covers the entire real estate value chain: the development of plots and raw land, construction management, as well as the ownership, management, sale, and leasing of completed properties. Toivo’s own team of experts is responsible for the entire lifecycle of a property, from zoning to the leasing of apartments. Through this model, Toivo generates added value for its customers, shareholders, and other stakeholders.

Toivo’s strategy is to develop apartments and properties according to the Toivo concept, offering a strong development margin as well as a stable and attractive return. This enables long-term ownership of properties and the generation of higher added value for customers. Toivo is backed by a competent and experienced team of experts with a strong track record in the residential business and various sectors of the real estate industry.

In 2025, Toivo’s revenue was EUR 61.7 million and its operating profit was EUR 8.0 million.