Results for Q3 2022

Key financial figures Quarter MNOK EBIT* 8,959 4,956 4,609 3,825 Net profit Net profit Quarterly performance driven by: - Strong results from the Market operations segment, particularly trading and origination Higher Nordic power prices offset by significantly lower Norwegian hydropower generation Operating expenses up 22% Net profit down due to large positive effects from reversal of impairments last year YTD performance driven by: Record-high Nordic power prices Q3 Q3 2021 2022 Q3 2021 Q3 2022 Year to date MNOK EBIT* - 30,729 - 17,458 12,198 14,049 Q3 2021 Q3 2022 Q3 Q3 2021 2022 12 Underlying figures, see definition in alternative performance measures in financial reports Significantly improved results from Market operations, particularly trading and origination Operating expenses up 24% Net profit 2 BNOK above last year Statkraft

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