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7 Balance sheet Q1 2022 M.ISK 31.3.2022 Pro-forma Investment assets 12.299 14.695 Real estate assets 867 867 Receivables and other assets 6.245 528 Cash and cash equivalents 8.015 8.928 Total assets 27.425 25.017 Equity 21.765 21.765 Interest bearing debt 3.017 609 Deferred tax liability 1.890 1.890 Payables and other liabilities 254 254 Dividend 500 500 Total liabilities 5.661 3.253 Total equity and liabilities 27.425 25.017 Pro-forma shows impact of payment of loan from Kaldalon and repayment of 133m DKK Receivables and other assets include 5,7 billion balance from the sale of assets to Kaldalon ✓ Total equity after dividend 21,8 billion ✓ Dividend 500m paid April 13th ✓ Equity ratio 79,4% SKEL

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