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1、 Telefonaktiebolaget LM Ericsson 2026|Fourth quarter report 2025|January 23,2026EricssonFourth quarter2025January 23,2026 Telefonaktiebolaget LM Ericsson 2026|Fourth quarter report 2025|January 23,2026Fourth quarter 2025This presentation contains forward-looking statements.Such statements are based

2、on our current expectations and are subject to risks and uncertainties that could materially affect our business and results.Please read our earnings reports and our most recent annual report for a better understanding of these risks and uncertainties and please see the last page in this presentatio

3、n for further information about forward-looking statements.Any forward-looking statement made during this presentation speaks only as of the date of this presentation and Ericsson expressly disclaim a duty to provide updates to these forward-looking statements,and the estimates and assumptions assoc

4、iated with them.Telefonaktiebolaget LM Ericsson 2026|Fourth quarter report 2025|January 23,2026Business OverviewBrje EkholmPresident and CEO Telefonaktiebolaget LM Ericsson 2026|Fourth quarter report 2025|January 23,2026Key takeawaysAdjusted2 EBITA margin:18.1%Adjusted2 gross margin:48.1%Organic1 sa

5、les YoY:2%Strong Q4 and full-year Disciplined execution and solid progress on strategic priorities A more resilient Ericsson Organic sales growth,despite flattish RAN market 48%adjusted gross margin 9th quarter of YoY adjusted EBITA margin expansion Well placed for the era of hyperconnectivity Leadi

6、ng in mobile networks Scaling the mobile platformSolid commercial momentum and operational execution 1 Sales adjusted for the impact of acquisitions and divestments and effects of foreign currency fluctuations.2 Excluding restructuring charges.Adjusted2 EBITA margin:18.3%Adjusted2 gross margin:48.0%