Investor Presentaiton

Financial & Performance Highlights | Group Highlights Q4 2023 & FY2023 SG&A (USD 000) 20.9% 19.5% 19.9% 20.6% -1% 321,674 319,561 -7% 87,167 81,017 EBITDA (USD 000) 9.7% 13.0% 10.4% 11.0% 40,420 +33% +2% 53,752 167,185 170,923 Q4 2022 Q4 2023 FY 2022 FY 2023 Q4 2022 Q4 2023 FY 2022 FY 2023 X% Represents Margin in % of Revenue Consolidated Group SG&A declined for both the Q4 2023 and FY 2023 periods, reflecting the Company's agility in cost management, and reaching pre- pandemic levels for the cost structure. Notably, selling expenses for the organic business increased 7% in 2023 compared to 2022, in line with the Company's strategy to increase sales competencies in key verticals across key markets and G&A for the organic business declined 10% in 2023 compared to 2022. Q4 2023 EBITDA increased significantly, benefitting from increased focus on quality revenues and efficiencies across the Group. Consequently, the EBITDA margin increased to 13% in Q4 2023 and to 11% for the full year period. FY 2023 EBITDA reached USD 171 million, up 2% YoY despite the revenue softness and indicating our success in managing costs and operational efficiencies. Page 22

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