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Cargotec Investor Presentation

Global offshore wind market is in rapid growth . • Offshore wind related capex exceeding oil & gas by 20224 Growth drivers . Global offshore wind installations1 GWh 35 30 30 Increasing electricity usage Demand for sustainable energy • Affordable Economic stimulus MacGregor focuses on 25 25 20 20 CAGR² 15 18.6% 35% CAGR³ 8.2% 30% A10 25% A10 20% 15% installation and service vessels and is involved in floating solutions . Addressable market size in 2021-2030 cumutively a few billion EUR CARGOTEC 10 5 10% 5% 0% Europe Asia ex China Other China North America Floating, % of total 2) 7237 1) GWEC Market Intelligence, June 2020 Compound Annual Growth Rate 2020-2024 3) 4) Compound Annual Growth Rate 2025-2030 In Eurore, Source: Rystad Energy research and analysis mvestor.ore MACGREGOR
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