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Investor Presentation

Reconciliation of Non-IFRS Financial Measures Reconciliation of Net earnings to Adjusted net earnings and of Net earnings per share to Adjusted net earnings per share (In thousands of dollars, except for per share amounts) Net Earnings Adjustments, net of income taxes Three-month periods ended March 31 2023 2022 9,497 6,302 Acquisition costs related to business combinations 140 9 Restructuring expenses 93 Value adjustment on acquired inventory through a business combination 50 Adjusted Net Earnings 9,780 6,311 Net earnings per share Adjustments, net of income taxes, per share Adjusted net earnings per share 0.37 0.24 0.01 0.38 0.24 52
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