Aker Solutions Earnings and Corporate Presentation

Main Developments Delivering solid operational results Increased activity – 2018 revenue up 12%, 2019 revenue guidance up 10% Stable underlying margins through the downturn ■ Solid project execution - all major projects progressing as planned ■ Investments in digitalization and floating offshore wind Well positioned to capture growth ■ Solid financial position with NOK 6.9 bn liquidity buffer Well positioned in key regions globally Streamlined organization and manufacturing set-up. On track with phase 2 of cost-efficiency program Scale and Operational leverage to drive margin expansion Winning new orders through differentiation. ◉ Increased order intake to NOK 25 bn in 2018 (1.0x BtB) with awards in several regions globally All-time high of 150 Front-end awards in 2018 ■ International breakthrough award for industry-leading Subsea Gas Compression with Chevron, Australia ■ Healthy backlog of NOK 33 bn, improves visibility ☐ Improving outlook ■ Activity is increasing, though market remains competitive ■ Tendering activity increased to NOK 55 bn ■ Simplified and standardized product portfolio to optimize field developments ■Building on differentiating Front-End capabilities to capture opportunities 2019 Aker Solutions May 16, 2019 Slide 25 Aker Solutions

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