Investor Presentaiton

Operating Income (Loss) Reconciliation to Adjusted EBITDA and Adjusted Operating EBITDA (continued) For the 3-Month Period Ended June 30, 2023 Operating Income (Loss) as reported in accordance with GAAP Adjustments for the effects of: Depreciation and amortization Other pre-tax SSR MP OPG IMDS ($ in thousands) ADTech Unallocated Expenses and other Total $ 42,227 $ 10,607 $ 17,132 $ 3,844 $ 11,357 $ (35,968) $ 49,199 13,356 3,013 6,976 939 632 - EBITDA 55,583 13,620 24,108 4,783 11,989 Adjustments for the effects of: Foreign currency (gains) losses Total of adjustments 1,130 (5,330) (40,168) 4,845 4,845 26,046 (5,330) 69,915 4,845 4,845 Adjusted EBITDA $ 55,583 $ 13,620 $ 24,108 $ 4,783 $ 11,989 $ (35,323) $ 74,760 Revenue $186,512 $ 124,882 $ 130,547 $ 63,166 $ 92,803 $ 597,910 Operating income (loss) % as reported in accordance with GAAP 23% 8% 13% 6% 12% 8% EBITDA Margin 30% 11% 18% 8% 13% 12% Adjusted EBITDA Margin 30% 11% 18% 8% 13% 13% Ⓡ OCEANEERING 33

View entire presentation