Investor Presentaiton

Capital employed Capital employed, DKKm Q1 2023 FY 2022 Q1 2022 FY 2021 Intangible assets, and property and equipment 186,799 181,694 166,727 162,939 Assets classified as held for sale, net 684 860 Capital employed by segment %, Q1 2023 Offshore Onshore Bioenergy & Other Equity investments and non-current receivables 1,055 996 923 828 Net working capital, capital expenditures (4,743) (5,665) (7,101) (8,913) 5% Net working capital, work in progress Net working capital, tax equity Net working capital, other items 3,872 (14,482) 9,058 Derivatives, net (21,294) 1,471 (15,157) 11,928 (32,322) 6,821 5,948 (13,262) (13,268) 11,965 10,820 (46,202) (32,995) 23% Decommissioning obligations (14,268) (14,076) (9,039) (8,851) 138.1 DKKbn Other provisions (5,771) (5,630) (6,527) (7,037) Tax, net (255) 1,609 6,454 3,844 72% Other receivables and other payables, net (1,884) 1,255 (4,698) (4,759) TOTAL CAPITAL EMPLOYED 138,087 126,103 106,745 109,416 36 Orsted

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