Investor Presentaiton

Highlights SKEL & operating entities in Iceland Operating entities 100% owned by SKEL, Skeljungur, Orkan and Gallon Gross Profit EBITDA +549 +659 938 EBITDA Q1 without capital gain of real estate 733m 2.027 1.982 733 1.774 1.537 1.324 471 451 184 Q1 Q2 Q3 Q4 Q1 21 21 21 21 22 21 Q1 Q2 Q3 21 21 Q4 Q1 21 22 Capital gain real estate 4,104m Löður is included in Q3 21 and Lyfsalinn in Q4 21 Major change in world commodity prices and bad weather effected the results for Q1 22 9 SKEL

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