Bouvet Interim Presentation

Cash flow Cash flow from operations Cash flow from operations (per quarter) MNOK 250 • NOK 178.4 million in Q4'22 compared to NOK 201.6 million in Q4'21 200 150 100 50 0 Cash flow last 12 months • Operational cash flow over the last 12 months was NOK 321.3 million Cash flow from investing activities L......... Q4'18 Q4'19 Q4'20 Cash flow from operations (LTM) MNOK 600 Q4'21 Q4'22 400 • Negative NOK 7.8 million compared to negative NOK 8.3 million in Q4'21 200 0 Q4'18 Q4'19 Q4'20 Q4'21 Q4'22 INTERIM PRESENTATION 29 bouvet

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