Investor Presentation

⑥Focused PDR business model with flexible cost structure providing stable margins Polygon has the toolbox to cater for variations in demand COMPLETE RANGE OF SERVICES WITHIN RESTORATION OF DAMAGED PROPERTY¹) Water Damage Restoration Leak Detection Fire Damage Restoration Temporary Climate Solutions Major & Complex Claims 38% 4% 40% 7% 11% Assess damage, dry, clean and restore Tech Re-conditioning Document restoration Detect leaks in walls, floors and roofs Assess damage, clean, restore and remove all contaminants Create temporary environments (e.g. for process industries) 000 Larger damage restoration projects POLYGON POSSES A BROAD TOOLBOX TO MEET VARIATIONS IN DEMAND Movement of personnel and equipment ■ The Polygon workforce is mobile and can efficiently be deployed in areas where most needed ■ Polygon benefits from unparalleled resource allocation flexibility and geographical presence Deployment all over Europe within 24 hours Temporary staffing ■ To handle a large number of assignments during major events or seasonal peaks, Polygon hires and educates temporary staff ■ Short and effective introductory course only requirement to quickly deploy temporary resources 2% of field workforce is temporary staff²) Sub-contractors ■ In complex projects requiring the use of sub-contractors, Polygon always strives to take the project management role ■ As project leader, Polygon will control the process from start to finish and manage the use of sub-contractors for highest efficiency Sub-contractor costs on average 36% of sales Franchising ■ To increase coverage and service level, businesses that share the same values as Polygon will be able to become partners ■ Value accretive synergies enabled as Polygon can utilise resources on a broader scale 5 franchisees in Norway OPTIMISATION OF UTILISATION LEVELS ENABLING STABLE MARGINS TOTAL COST BASE FLEXIBILITY OF ~90% WITHIN ONE YEAR³) EURM 60.2 58.3 59.9 Within one year Cost item 3% 56.3 51.1 51.6 50.6 54.6 52.8 IT & telecom Timing Medium 8% 48.6 48.2 46.7 42.5 42.3 12.6% 37.4 11.4% 10.9% Variable 100% flexibility 11% Rent & premises Medium/slow Vehicle leasing Medium/slow 51% 9.6% 9.2% 8.4% 8.8% 8.8% 8.7% 8.3% 8.6% 8.6% 7.8% 7.4% 7.4% Semi-variable Optimisation of utilisation levels through e.g. sub-contractors and temporary staffing during peak seasons enabling Polygon's stable margins 78% Employees Medium 84% flexibility Fixed 0% flexibility 45% 4% Q1 Q2 '16 '16 Q3 '16 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 '16 '17 '17 '17 '17 '18 '18 '18 '18 '19 '19 '19 I Sub-contractor cost Adj. EBITDA margin Total costs 89% flexibility Fixed & semi-variable costs 78% flexibility Note: 1) Consulting, Document restoration and Other included in WDR. Reconstruction included in FDR, 2) Average temporary field workforce per Q3-2019, 3) Cost base excluding cost items below EBITDA Source: Company information SUPPORTING MATERIALS | POLYGON 38

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