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Investor Presentaiton

Free cash flow H1 2023 - negatively impacted by strong growth Free cash flow development (DKK billion) 1.3 -1.6 -0.1 -0.2 -0.3 -0.2 Operating profit excl. IAS 291) Changes in working capital 1) Including operating profit from Discontinued Operations D&A, Capex and additions to leased assets -1.1 Interests Tax payments OthersĀ²) Free cash flow 2) Others include: 'Non-cash items related to Hyperinflation', 'Changes in provisions, pensions and similar obligations', 'Share-based payments', 'Other expenses paid', and 'Acquisition of financial assets excl. investments in equity- accounted investees', PEOPLE MAKE PLACES 17 ISS
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