TRESU Q3 2023 Financial Report

TRESU and owner have now addressed all identified issues to strengthen the business long-term TRESU 1 CEO replaced in August 2023 Stephan Plenz, Vice-Chairman of the Board of Directors, replaced Christian Flarup as CEO in August 2023 • Key focus on improving project execution process and drive commercial agenda at key customers 2 C-level significantly upgraded • New CFO recruited in Q3-22 to strengthen finance's role as a key business partner to the organisation . New CTO recruited in Q1-23 to drive an accelerated R&D agenda and strengthen project delivery Operating model • Bid review and project execution model further strengthened incl. stage-gate process in bid review 3 improved • R&D efforts Product standardization and modularization for all Machines & Units to improve costing and project delivery • Accelerating R&D within TRESU's core application areas including new dual ink deck 4 accelerated Winning larger share of 5 customers' wallet • 6 Liquidity support . • Development of TRESU control system to enable standardization, reduced lead time and increased value-add • 8% order intake CAGR ('20- Sep-23 LTM) in Customer Care mainly from larger SoW on own installed base 'Productivity Partner' to key customers (e.g. OEE workshop with GPI) • DKK 64m injected in 2022 and 2023 YTD to ensure liquidity and ability to pay bond interest Subject to agreement with debt providers, Altor is prepared to support with the liquidity deemed to be required to execute on the updated business plan 12

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