Investor Presentaiton

Bioenergy & Other - Financial highlights FINANCIAL HIGHLIGHTS EBITDA Q1 2022 Q1 2021 A FY 2021 FY 2020 A DKKm 2,514 622 304% 4,747 2,136 122% • CHP plants 1,823 676 170% 3,202 1,111 188% • Gas Markets & Infrastructure 725 19 n.a. 1,829 411 345% Other, incl. project development (34) (73) (53%) (284) (312) (9%) KEY BUSINESS DRIVERS Heat generation Power generation Degree days GWh 3,243 3,890 (17%) 7,907 6,671 19% GWh 2,138 2,259 (5%) 6,890 4,438 55% # 1,141 1,325 (14%) 2,820 2,432 16% 29 Orsted

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