2017-01-01 to 2017-06-30

BIMobject ABSemiannual report

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Introduction

3 Our mission

4 Summary of the semiannual report

6 A message from our CEO

10 About BIMobject®

Overview of numbers

12 Corporate development in numbers

16 Summary of financials

Table of contents

BIMobject ABOrganisation number 556856-7696 Semiannual report, 2017-01-01 to 2017-06-30

SEMIANNUAL REPORT 2ND QUARTER, 2017 3

With its cloud-based content management system for BIM objects, BIMobject is a game changer for the global construction industry.

BIMobject is an innovative technology company at the forefront of the digitalisation of build-ing products and materials. By making product information accessible and allowing it to be turned into know-how early in the BIM process, the company can industrialise the buildung industry with great, positive impact on design, product selection, construction, waste, en-ergy, costs, quality, and logistics.

BIMobject offers unique solutions for building and interior product manufacturers ranging from analytics, business matching, and communication to the development, hosting, maintenance, administration, and publishing of so-called BIM objects: digital replicas of the manufacturers’ products. Using apps, the various BIMobject web ser-vices for digital marketing and pre-sales are channelled and integrated into CAD/BIM software to create direct business relationships and communication across the globe.

The BIM objects hosted in the BIMobject® Cloud are integrated into the information model throughout the entire process, describing the building and its parts in close detail. This gives those products a significantly bigger chance of being selected and purchased.

our mission introduction

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The terms ”Corporation” and ”BIMobject®” refer to the corporation. BIMobject AB refers to the parent company of the corporation, whose organisation number is 556856-7696.

First half-year2017/01/01 – 2017/06/30

• The turnover of the Corporation amounted to 29,483 (12,339) TSEK, which is an increase of 139% compared to the same period the previous year.

• The net turnover of the parent company amounted to 9,399 (6,646) TSEK, which is an increase of 41% compared to the same period the previous year.

• The Corporation's earnings before tax amounted to -29,547 (-19,884) TSEK.

• Earnings per share* for the Corporation amounted to -0,57 (-0,93) SEK.

• The Corporation's solvency** amounted to 81,4 (63,2)% as per the 30th of June 2017.

Second quarter2017/04/01 – 2017/06/30

• The net turnover of the Corporation amounted to 16,325 (6,677) TSEK, which is an increase of 144% compared to the same period the previous year.

• The net turnover of the parent company amounted to 3,696 (3,657) TSEK, which is an increase of 1% compared to the same period the previous year.

• The Corporation's earnings before tax amounted to -16,249 (-9,757) TSEK.

• Earnings per share* for the Corporation amounted to -0.32 (-0.46) SEK.

Summary of the semiannual report

introduction summary of the semiannual report

Figures within parentheses: The same period the previous year. * Periodens resultat divided by the average number of shares. The average number of

shares for the period amounts to 51,717,254. Per 2017-06-30, the total number of shares amounted to 51,717,254.

** Equity divided by balance sheet total.

The Corporation's turnover increases by 144% and billing by 106% in the second quarter

SEMIANNUAL REPORT 2ND QUARTER, 2017 5

Significant events during the second quarter 2017 2017/04/01 – 2017/06/30

• BIMobject enters into a partnership agreement with the Swedish building and property management association Riksbyggen. The aim is to increase the digital-isation of Riksbyggen's project development processes. For this purpose, a pilot project will be carried out to apply BIMobject's solutions in a real project.

• At the industry conference AIA Conference on Architecture 2017 in Orlando, Florida, BIMobject launches two different Virtual Reality solutions tailored to build-ing product manufacturers BIM projects: BIMobject® VR and BIMobject® AR.

• BIMobject holds its annual meeting on the 31st of May 2017. More information is available on the Corporation's website bimobject.com.

• On the 10th of May 2017, BIMobject publishes its annual report for 2016. The report (in Swedish) is available on the Corporation's website bimobject.com.

• BIMobject opens a wholly owned subsidiary in Hong Kong to meet the rising de-mands from Asian markets and expand its global presence.

• BIMobject signs a cooperation agreement with CADLine Ltd. CADLine will devel-op a BIMobject® App for its users, which will allow them to download BIM objects directly from the platform BIMobject® Cloud.

• On the 31st of May 2017, BIMobject AB publishes its semiannual report for the period January - March 2017. The Corporation more than doubles both turnover and billing compared to the same period the previous year. The turnover during the first quarter of 2017 amounted to 13,158 TSEK, which is an increase of 132% compared to the same period the previous year. The total billing during the first quarter of 2017 amounted to 21,251 TSEK, which is an increase of 160% com-pared to the same period the previous year.

• On the 31st of May 2017, BIMobject publishes a disclosure notice stating that Solar A/S, the biggest shareholder Corporation, has increased its equity interest in BIMobject to equal more than 20 per cent.

Significant events after the end of the period• BIMobject AB announces on the 3rd of July 2017 that the international ETIM clas-

sification standard for technical products has been integrated into the digital con-tent platform BIMobject® Cloud in close collaboration with Solar A/S. The ETIM classification standardises product information and streamlines its usage across systems, effectively making it easier for products to be integrated into the supply chain.

• BIMobject® Cloud reaches new milestones of 500,000 users and 1,000 brands.

summary of the semiannual report introduction

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In true BIMobject spirit, the last months have gone by quickly, and it’s already time for me to sum up the first half of 2017. After an eventful first quarter, the three months that followed continued to unfold in line with our goals. We have expanded significantly with new members in all the sales- and marketing departments in our subsidiaries, an expansion that will generate growth within 6-12 months. To meet the explosive increase in users and BIM object on the BIMobject® Cloud, we also doubled the size of our developing department. This step was also made to prepare us for future mod-ularisation so we’ll be able to manage different parts of the world with a scaleable solution. Finally, we have hired new members in our research departments for VR and other new technologies.

At the beginning of April, we teamed up with Riksbyggen to make their project development processes more digital. I’m particularly happy about this collaboration because we had been looking for a partner with a holistic view of the entire lifecycle of a building. The pilot project with Riksbyggen combines our solutions with the collective knowledge of the construction industry. This is a huge step forward for the develop-ment of digital building processes.

At the end of the month, we took part in the AIA Conference on Architecture in the USA. We launched two groundbreaking new products during the event: BIMobject® VR and BIMobject® AR. These Virtual Reality solutions have been developed for build-ing product manufacturers and BIM-projects, fetching information directly from our platform BIMobject® Cloud. The result is a number of completely new ways to com-municate and interact virtually with the whole supply chain. Its continuously updated, high-quality information turns our cloud into a so-called Single Source of Truth. Virtual Reality technology is ready for the mass market in a new era for digital reality.

The following month, we opened the doors to our new offices in Hong Kong.We’re finally able to meet the growing demand from Asian markets from a wholly owned subsidiary in the region! The Hong Kong government supported our expansion with amazing enthusiasm. Now, there’s a BIMobject in the local IT-hub Cyberport, re-sponding to interest from a market that’s just been waiting for us.

introduction a message from our ceo

A message from our CEO

“We’re finally able to meet the growing demand from Asian markets from a wholly owned subsidiary in the region!”

7HALVÅRSRAPPORT KVARTAL 2, 2017

Stefan Larsson, CEO

SEMIANNUAL REPORT 2ND QUARTER, 2017 7

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“Our solutions continue to pave new ways towards the goal of revolutionising the construction industry, BIM by BIM.”

At the end of May, our biggest shareholder, Solar A/S, increased its equity interest to equal 20.01 per cent of the voting shares and capital of BIMobject. We carried out a successful collaboration with Solar in June: Together, we integrated the international ETIM classification standard for technical products into the BIMobject® Cloud. Solar brought important knowledge that allowed us to implement the standard quickly on our platform. Standards should be easy to access and use. The fact that the man-ufacturers are now able to equip all their digital products with an ETIM classification benefits not just them, but suppliers and the industry overall as well. The cooperation surrounding ETIM really shows how valuable partnerships are in our industry.

The last six months have been a period of significant growth. We’ve been able to expand greatly in regions like Asia and North America. At the time of writing, the number of registered users on the BIMobject® Cloud has just passed 500,000 and the number of hosted brands exceeds 1,000. 97 out of the 100 biggest architect firms in the world and 85 out of the corresponding design- and engineer companies use our platform. These are incredible numbers that communicate a clear message: There’s no doubt that we are the world’s leading platform for digital objects. The distance to our competitors keeps growing, while our solutions continue to pave new ways towards the goal of digitalising – and revolutionising – the building industry, BIM by BIM. With more than 14 million downloads made all over the world, the global BIMobject family and I look forward to the second half of what has, so far, been a very exciting 2017.

Malmö, Sweden, 2017-08-31

Stefan LarssonChief Executive Officer

introduction a message from our ceo

SEMIANNUAL REPORT 2ND QUARTER, 2017 9

DownloadsList of countries with the highest numbers of downloads from the BIMobject® Cloud. (From the launch of the platform to the 8th of Augusti 2017.)

China+228,000

Russia+660,000

Brazil+1,023,000

Italy+610,000

France+543,000

Germany+322,000

Mexico +550,000

Poland+304,000

USA +1,179,000

Spain+659,000

Denmark+243,000

Sweden+230,000

Great Britain+327,000

Turkey+277,000

India+258,000

Taiwan+252,000

downloads introduction

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BIMobject® sharpens the competitive edge of its customers through a new, ef-ficient way of marketing the customers' products with high-quality, easily ac-cessed BIM objects. BIMobject® employs a global strategy. As a neutral pro-vider, the company creates BIM objects for the different standards of popular BIM-programmes, able to handle a variety of languages and local preferences.

Corporate structure BIMobject AB is the parent company of a corporation which includes the wholly owned subsidiaries BIMobject UK in the United Kingdom, BIMobject Deutschland GmbH in Germany, BIMobject Hungary Kft, BIMobject Italy, BIMobject Spain S.L., BIMobject Inc in the USA, BIMobject Poland sp. z o.o, BIMobject France SAS, and BIMobject Hong Kong Ltd.

BIMobject® has a corporate-leading role as well as operative activities. The board of di-rectors strive to intensify activities in the subsidiaries. These activities consist of sales and project management in local markets, as well as the production of BIM objects for the benefit of the corporation.

VisionThe BIMobject vision is to become the world's leading company for BIM objects, with the aim of hosting every building and interior design product in digital form in the BIMobject® Cloud.

Aiming to become the global leaderBIMobject® was founded in June 2011 and the cloud-based portal BIMobject® Cloud launched in February 2012. By June 2017, the platform had more than 470,000 re-gistered users and over 39,000 product families from more than 990 manufacturers. Today, BIMobject is represented in approximately 20 countries through either subsidi-aries or business partners.

BIMobject has an offensive expansion plan with the primary goal of becoming the global leader for BIM objects, which the board of directors assess to correspond to a market worth millions. The strategy is to achieve an aggressive growth in turnover with a controlled total cost through growth of:

• Users – creating value for customers• Manufacturers• Product families• Private Clouds• Apps• Business partners

Accordingly, BIMobject® at the present time prioritises global expansion over short-term profitability. In the long run, focus will be shifted to long-term profitability.

About BIMobject®

introduction about bimobject®

SEMIANNUAL REPORT 2ND QUARTER, 2017 11

om bimobject inledning

Business modelBIMobject's earnings are generated both through manufacturers of building and interior design products, and through business partners. The sources of revenue include, but are not limited to:

1. Projects – Creating, maintaining, and publishing BIM objects from different sources on behalf of manufacturers and partners. Publishing fees are calculated based on the number of objects the manufacturer wishes to present on the platform.2. Subscription – An annual subscription fee paid by the manufacturer for the pub-lishing of their BIM objects as well as for the usage of the various tools created by BIMobject in order to enhance customer benefit through solutions such as:

• Private Clouds and BIMobject® Hercules, which are used by manufacturers and construction companies to control the product offering

• BIManalytics® Core and BIMobject Mail, which are used to evaluate and commu-nicate with BIMobject® Cloud users

• BIMobject® Mosquito and BIMobject® Properties, which facilitate the production and maintenance of BIM objects

Initially, revenue stemming from the creation, maintenance, and publishing of BIM ob-jects are estimated to constitute a large part of the Corporation's earnings. Long-term, however, subscription fees are predicted to become the main source of revenue for BIMobject.

Stefan Hansson, CFO

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About the reportThis semiannual report concerns the first six-month period of 2017 (January to June) for the corporation BIMobject.

Accounting principlesThe semiannual report was drawn up in accordance with Swedish annual report laws. The accounting principles that have been applied follow the general guidelines of the Swedish accounting committee Bokföringsnämnden ”K3” (BFNAR 2012:1).

Examination by accountantThe semiannual report has not been examined by the Corporation's accountant.

TurnoverDuring the second quarter of 2017, the Corporation's net turnover amounted to 16,325 (6,677) TSEK, which is an increase of 144% compared to the previous year. Because some services (mainly subscriptions) are invoiced in advance, these have been periodised, which means that the total billing during the second quarter of 2017 amounted to 17,975 (8,707) TSEK. This is an increase of 106% compared to the same period the previous year.

During the quarter, the Corporation has continued its strong expansion according to plan. Our offices in both Europe and North America thrive and take market shares. In order further to drive growth, the Corporation has hired a number of new employees in marketing and sales. These will generate growth within 6-12 months. Asia has contin-ued to expand the global network of the Corporation.

EarningsThe Corporation's earnings before tax during the second quarter of 2017 amounted to -16,249 (-9,757) TSEK. The Corporation has, according to its strategic plan, continued to take market shares successfully, which entails significant costs.

Large growth in user numbers and large growth in turnover continues to be a priority.This continued expansion requires a great deal of resources, which is why the costs during the period are high. A large number of new developers have been hired in order to manage the explosive growth in registered users, as well as to maintain and improve the platform BIMobject® Cloud continuously.

The Corporation's earnings per share during the second quarter of 2017 amounted to -0,32 before dilution/-0,31 after dilution (-0,28 before dilution and -0,27 after dilution) SEK.

Corporate development in numbers

overview of numbers corporate development in numbers

SEMIANNUAL REPORT 2ND QUARTER, 2017 13

SolvencyThe Corporation's solvency, calculated as the equity part of the balance sheet total, amounted to 81 (63)% as per the 30th of June 2017.

Cash flow and investmentsCash flow for the second quarter of 2017 amounted to -17,541 (-7,099) TSEK. Current operations and investment activities burdened the cash flow with -15,099 (-7,007) TSEK and -2,442 (-190) TSEK respectively.

StockThe BIMobject stock is public on Nasdaq Stockholm First North with the ticker symbol ”BIM”. The total number of shares at the beginning of the period (2017-04-01) was 51,717,254, and the number of shares at the end of the period (2017-06-30) was 51,717,254. The total number of shares for the same periods the previous year (2016) were 21,889,344 and 21,889,344 respectively.

Subscription warrantsThere were two series of warrants at the end of the period:

At the annual meeting of BIMobject AB on the 16th of June 2015, the decision was made to carry out a directed issue of subscription warrants entitling to the subscrip-tion of new shares in the Corporation. There are 342,500 outstanding subscription warrants of series 2015/2018, which entitles to the subscription of 685 000 shares in the Corporation. The warrants are assigned to employees within the Corporation as well as key figures. The exercise period for subscription warrants of series 2015/2018 runs from the 10th of August 2018 until the 31st of August 2018. At full exercise of outstanding subscription warrants of series 2015/2018, the share capital of BIMobject will increase by no more than 15,070 SEK. The complete terms and conditions for subscription warrants of series 2015/2018 can be found on the Corporation's website bimobject.com.

At the annual meeting of BIMobject AB on the 14th of June 2016, the decision was made to carry out a directed issue of subscription warrants entitling to the subscription of new shares in the Corporation. There are 200,000 outstanding subscription war-rants of series 2016/2019, which entitles to the subscription of 400,000 shares in the Corporation. The warrants can be assigned to newly employed key figures. The exer-cise period for subscription warrants of series 2016/2019 runs from the 19th of August 2019 until the 9th of September 2019. At full exercise of outstanding subscription war-rants of series 2016/2019, the share capital of BIMobject will increase by 8,800 SEK. The complete terms and conditions for subscription warrants of series 2016/2019 can be found on the Corporation's website bimobject.com.

corporate development in numbers overview of numbers

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Transactions with related partiesThere have been no transactions with related parties during the period.

Biggest shareholders as of 30th of June 2017The table below shows BIMobject's list of shareholders owning more than 10 per cent of the share of votes and equity at the end of the period. Share of votes

Name Number of shares and equity

Solar A/S 10,350,000 20.01%

Procedural Labs AB 5,945,900 11.50%

Other (ca. 1,300 shareholders) 35,421,354 68.49%

Total 51,717,254 100.00%

Certified adviserSedermera Fondkommission.

Coming reportsBIMobject AB draws up and publishes a financial report every three months. Coming reports are scheduled as follows:

• Quarterly report 3, 2017 2017-11-28• Year-end report, 2017 2018-02-28

Procedural Labs AB is 100% owned by board member and CEO Stefan Larsson.

overview of numbers corporate development in numbers

15SEMIANNUAL REPORT 2ND QUARTER, 2017

corporate development in numbers overview of numbers

Risk and uncertainty factorsA number of risk factors may have a negative impact on BIMobject's operations and industry. It is therefore of great importance to take relevant risks into account along-side the possibilities for expansion for the Corporation. BIMobject's relationships with customers and business partners are relatively new and their future may therefore be difficult to assess. Market establishing may be delayed and in turn entail loss of reve-nue. The BIMobject services are relatively new to players on the market, which means that gaining customer acceptance and penetrating the market may require time. BIMobject® may need to acquire additional funds in the future. The Corporation may be unable to acquire such funds, achieve partnerships, or other means of cofinancing.

The loss of one or more key figures, employees, or consultants may result in negative consequences for the operations and earnings of BIMobject. An extensive venture from a competitor may come to entail risks in the form of diminished sales opportu-nities. Should the Corporation's customers in the construction and building industry experience a recession, this may negatively affect the future revenue and resources for investment of BIMobject as well as its ability to keep staff. Naturally, none of the risk factors described can be accurately assessed without a complete evaluation of the Corporation's operations in combination with a general business intelligence analysis.

Handover of semiannual reportMalmö, 31st of August 2017BIMobject AB, board of directors

For more information, please contact: Stefan Larsson, CEO Phone: +46 40- 685 29 00 Email: info@bimobject.com

Summary of financials (TSEK)

overview of numbers summary of financials

Q2 2017 Q2 2016 Q2 2015 % H1 2017 H1 2016 H1 2015 %

Net sales 16,325 6,677 4,319 144 29,483 12,339 7,146 139

Gross profit 12,672 5,486 3,674 131 24,084 10,161 6,128 137

EBIT -16,843 -9,871 -7,502 - -29,258 -20,419 -15,794 -

EBT -16,249 -9,757 -7,551 - -29,547 -19,884 -15,845 -

Earnings per share -0,32 -0,46 -0,35 - -0,57 -0,93 -0,83 -

Cash flow from current operations -15,099 -7,007 -7,056 -28,635 -15,248 -14,952

Cash flow from investment activities -2,442 -190 -161 -4,278 -278 -2,307

Cash flow from financing activities - 97 52,474 116,710 97 52,474

Cash flow from the period -17,541 -7,099 45,257 133,797 -15,428 35,215

Cash and cash equivalents at the end of the period 147,651 36,002 68,531 147,651 36,002 68,531

Cash flow per share -0,34 -0,32 2,07 2,59 -0,70 1,61

Total assets 183,102 49,665 63,366

Equity 149,116 31,411 51,628

Equity ratio % 81 63 81

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SEMIANNUAL REPORT 2ND QUARTER, 2017 17

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BIMobject AB

STUDIONordenskiöldsgatan 24211 19 Malmö, Sweden

+46 40 685 29 00 info@bimobject.com