Investor Presentaiton

Financial highlights | Cash flow and capital expenditure Amounts in NOK million Rolling 12m 3Q20 2019 2018* Operating cash flow 1 200 Profit before tax 988 1130 1033 -Min (2009-2019) excluding IFRS 16 -Max (2009-2019) excluding IFRS 16 1000 2019 excluding IFRS 16 Changes in working capital -109 -338 -223 2019 including IFRS 16 800 -2020 including IFRS 16 Other operating changes 541 521 215 600 400 CASH FLOW FROM OPERATIONS 1420 1313 1025 200 Purchase/sales of subsidiaries 0 0 -363 Other cash flow from -554 -595 -714 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec investments CASH FLOW FROM INVESTMENTS 1 200 -554 -595 -1077 800 Sales/repurchase of treasury 854 701 641 one 759 -54 -50 32 shares 400 640 474 366 Dividend paid 0 -665 -347 0 Interest paid -30 -27 -29 -400 Other cash flow from financing -497 87 196 -800 -1 200 CASH FLOW FROM FINANCING -581 -655 -148 2013 2014 2015 2016 2017 2018 2019 2020 Expansion capex* I Divestures/ (Acquisitions) Cash flow from operations TOMRA Excluding IFRS 16 Replacement capex* Free cash flow before expansion capex The split between replacement capex and expansion capex are estimated figures 44

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