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Investor Presentation

Reconciliation of Non-IFRS Financial Measures Net Debt to Adjusted EBITDA ratio (in thousands of dollars) Q1-2023 Q4-2022 Q3-2022 Q2-2022 Q1-2022 Total debt 81,352 54,748 33,053 36,673 44,878 Deferred financing costs (267) (334) (342) (389) (141) Cash (2,119) (1,929) (205) (1,727) (3,050) Net debt 78,966 52,485 32,506 34,557 41,687 Adjusted EBITDA 63,599 56,841 53,726 46,929 41,577 Net debt to adjusted EBITDA ratio 1.2 0.9 0.6 0.7 1.0 57
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