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Investor Presentaiton

INA Group key financial data Further improvement in external environment as the main driver of growth The increase in revenues of 45% comparing to 9M 2020 is a strong result close to the pre-crisis, 9M 2019 levels Robust EBITDA growth mainly contributed by the E&P segment that benefited strongly from the higher hydrocarbon prices... 22,349 22,597 2018 2019 16,248 14,788 11,209 2020 9M 2020 I Revenue from contracts with customers (HRK mn) 9M 2021 ... paired with increased product demand in INA's core region launched profit from operations to above HRK 1bn 1,687 1,004 2018 2019 (798) (895) 2020 9M 2020 1,153 3,489 2,856 991 470 2,341 2018 2019 2020 ■EBITDA (HRK mn) 9M 2020 9M 2021 Simplified Free Cash Flow remains positive due to timely reaction to the crisis 1,299 744 501 571 9M 2021 2018 2019 ■■Profit/(Loss) from operations excluding special items (HRK mn) Source: Company reports Note: *Simplified FCF = CCS EBITDA excl. special items - CAPEX 1,206 9M 2020 9M 2021 2020 Simplified Free Cash Flow (HRK mn)* 5
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