Investor Presentaiton

Operating Income (Loss) Reconciliation to Adjusted EBITDA and Adjusted Operating EBITDA (continued) For the 3-Month Period Ended September 30, 2022 Operating Income (Loss) as reported in accordance with GAAP Adjustments for the effects of: Depreciation and amortization Other pre-tax EBITDA Adjustments for the effects of: Foreign currency (gains) losses SSR MP OPG IMDS ($ in thousands) ADTech Unallocated Expenses and other Total $ 37,069 $ 4,282 $ 20,310 16,013 2,939 7,132 $ 3,091 1,695 $ 13,043 $ (30,920) $ 46,875 671 1,799 (687) 53,082 7,221 27,442 4,786 13,714 (29,808) 30,249 (687) 76,437 Total of adjustments 1,145 1,145 1,145 1,145 Adjusted EBITDA $ 53,082 $ 7,221 $ 27,442 $ 4,786 $ 13,714 $ (28,663) $ 77,582 Revenue $ 169,422 $ 94,039 $ 152,987 $ 58,465 $ 84,758 $ 559,671 Operating income (loss) % as reported in accordance with GAAP 22% 5% 13% 5% 15% 8% EBITDA Margin 31% 8% 18% 8% 16% 14% Adjusted EBITDA Margin 31% 8% 18% 8% 16% 14% Ⓡ OCEANEERING 34

View entire presentation