Investor Presentaiton

4 Income statement SKEL 1Q 2022 M.ISK 299 Change in Fair value Financial income 20 Financial expenses (11) Earnings from real estate assets 4.226 Investing income 4.533 Salaries (112) Other expenses (144) Operating expenses (255) 4.278 EBIT Taxes Total income As an investment company and according to the new Articles of Association new accounting standards will be implemented and assets will be valued on a fair value basis ✓ Fair value of assets: - Operating entities 200m ( 935) 3.342 Listed equities 99m Capital gain, real estate 4,1 billion Operational expenses are affected by reorganization and severance (60m) The goal is that operational expenses will be less than 2% of total assets SKEL

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