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Investor Presentation

Introduction & overview Financial results Strategy & outlook Conclusions Appendices COPUREGYM Denmark estate optimisation & investment (2/2): Programme is now rolling out to the key market of greater Copenhagen In Copenhagen we co-exist with one other major operator - SATS Kirke Værløse 233 Knardrup 233 Søndersø Værløse Sorgenfri Bagsværd Hareskovby 16 04 Kongens Lyngby Taarbæk Fortunen Klampenborg E47 Jægersborg 211 Málov Egebjerg 211 ent dinge Vangede Hjortespring 03 Søbor Gladsaxe Smørumnedre Pederstrup Smarum Herlev 04 211 211 Mørkhoj Ballerup. Skovshoved Charlottenlund Hellerup 152 Tuborgvej Emdru 02 NORDHAVN Skovlundel KØBENHAVN NV 04 E47 HUSUM BRØNSHØJ Ledøje 17 Harrestrup Ejby Vridsløsemagle Taastrup 04 Risby 04 Herstedøster Herstedvester Vridsløselille Albertslund 17 03 Gloup E47 Brøndbyøster astrup Høje Taastr 21 Vallensbæk Brøndby 21 Avedøre 04 03 Vallensbæk Landsby 243 04 Ishøj Landsby Tranegilde 243 ebrønde Hu E20 Ishøj Islev VANLØS Rødovre 21 ØSTERBR Langelinie EBRO KOBE AVN K 02 Frederiksberg INDRE BY nh n KØBENHAVN V ager VALBY Vigerslev 02 Refshaleøen AGER ØST Sundbyøster SYDHAVNEN 151 Vidovre Royal Golf Center K. Sundbyvester 20 E20 Friheden Brøndby Vallensbæk Strand Strand ARKEN Museum for Moderne Kuns! Midlertidig lukket Google My Maps E20 E20 Avedore Holme E20 E20 Tårnby Maglebylille Kastrup ... & our strategy for remaining market leader is clear . . Maintain overall estate advantage 27 FW vs 12 SATS sites in central Copenhagen 53 FW vs 21 SATS sites in Greater Copenhagen Open new sites where pools of unfulfilled demand exists. (eg Albertslund) Seek consolidation opportunities where appropriate Invest significant capital to materially upgrade quality of member experience O 18 sites already scoped for 2022 Further sites targeted for reinvestment in 2023 • Ensure 'great value' pricing & use variable pricing to optimise position • Fine tune product offering to the specific site conditions & local market demand Fitness World SATS Investor Presentation 25 August 2022 13
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