ANNUAL REPORT

2021

TABLE OF CONTENTS

ABOUT DIST IT 3

Aim and business concept 4

This is DistIT 5

History 9

The year in brief 11

A few words from our CEO 12

WHY INVEST IN DIST IT? 14

6 reasons to invest in DistIT 15

EFUEL in focus - DistIT's latest acquisition 24

DistIT's stock and shareholders 25

PORTFOLIO COMPANIES 28

Aurora Deltaco 30

Septon 32

EFUEL 34

Sominis 36

SUSTAINABILITY REPORT 38

CORPORATE GOVERNANCE 51

Corporate Governance Report 52

Board of Directors and Auditors 65

Senior Executives 67

Other Senior Executives 68

RISKS AND RISK MANAGEMENT 70

FINANCIAL REPORTS 78

Statutory Administration Report 80

Financial Reports (Group and Parent Company) 83

Accounting principles and notes (Group and Parent Company) 87

Declaration 112

Audit Report 113

Multi-year overview 2017-2021 119

Definitions 120

Annual General Meeting 123

Addresses 124

2

ABOUT DIST IT

WHY INVEST IN DIST IT?

PORTFOLIO COMPANIES

SUSTAINABILITY REPORTCORPORATE GOVERNANCERISKS AND

RISK MANAGEMENTFINANCIAL REPORTS

ABOUT DIST IT

3

AOBMODUITSTDISTT IT

VARFWÖHRYININVVESETSETRIAN I DISTDITS?T IT?

PORTFÖLJBOLAG PORTFOÖLLIJOBCOOLAMGPANIESHÅLLBARHETSRAPPORT HÅLLBSAURSHTEATINSRAABPILPITOYRRTEPORTRISRKIESRKSOACNHD

RISRKIHSAK NMTAENRIANGEMENTFINANFSINIEALNLACRIAALPRPEOPROTRETRS

Aim & business concept

DistIT shall acquire, own, and develop niche distributors within IT, Mobility, Consumer Electronics, Network and Data Communication in Europe.

Companies within the DistIT Group deliver both B2B and B2C products to the IT and AV market. The companies shall also develop and distribute their own brand labels (OBL).

Our vision is to be:

"A leading partner of IT, technical and AV products"

AOBMODUITSDTIISTT IT

VARFWÖHRYININVVESESTETRINA I DISTDITS?T IT?

PORTTFFOÖLLIOJOBCOCOLAMGPANIYES

HÅLLBSAURSHTEATINSRAABPILPITOYRRTEPORT

RISRKIESRKSOACNHD RISRKIHSKANMTAENRIANGEMENTFINANFSINIEALNLACIRAALPRPEOPROTRETRS

This is DistIT

DistIT AB (publ) with its subsidiaries is a stable and well-established distribution group within IT accessories, data communication, consumer electronics, networks and AV products in the Nordic region, on its way into Europe. Companies within the Group are niche distributors with strong market positions. The companies' products are aimed at both consumers and companies whose customers are in consumer electronics chains, online retailers, installers, Telecom operators, discount chains, grocery stores, and independent specialist retailers. Each subsidiary constitutes its own results centre, with responsibility for its chosen strategy. Common to the companies is a value-creating strategy for own brand labels (OBL) that increases the relevance of customers and creates prerequisites for growth and profitability. DistIT is a reliable business partner with high delivery reliability and service level, guaranteed product quality, and fast deliveries.

OPERATING INCOME

2 524.2

MSEK

GROSS MARGIN

21.7%

ADJUSTED EBITA MARGIN

3.6%

EMPLOYEES

264

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DistIT AB published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 08:29:09 UTC.