Investor Presentaiton

DEFINITIONS & Symbols • = Y.o.y. year on year, • = 1/co Intercompany . Abt. = about • LFL = Like for like Adjusted ebitda = Earning Before Interests Tax, Depreciation and Amortization excluding non-recurring items and costs related to LT incentives • LTI = Long-Term Incentive/long term bonus • LY= Last Year AGM = Annual General Meeting Approx. = Approximatively BAF = Bunker Adjustment Factor BC Business Combination = = BOD Board of Directors . = Bps. basis points BU Business Unit = . MBO = Management by Objectives/Short term bonus = • M&A Merger and Acquisition • MLT Medium Long Term . MTM = Mark to market • • NFP = Net Financial Position, if positive is meant debt = NS Not significant PBT Profit Before tax = . CAM Line = Central-South America | South Europe Shipping Route • Plt. = Pallet D&A EBIT = Depreciations and Amortizations • PY = previous year or prior year Earnings Before Interests Tax . = SPAC Special Purpose Acquisition Company • EBITDA = Earnings Before Interests Tax Depreciations and Amortizations . Excl.= exuding • YTD = Year to date • F&V=Fruit & Vegetables = TTM Trailing 12 months 9M = Nine months ending September 30. • FTE = Full Time Equivalent • . H1 = Full Year | Fiscal Year (twelve months ended 31 December) = ASM Annual Shareholder's Meeting H1 = first half (six months ended 30 June) H2= second half (six months from 1 July to 31 December) = HFL Hermanos Fernández López S.A. Inter Segment . M = million . K = thousands • € = EURO • (comma) = separator of decimal digits . (full stop) = separator of thousands Filli Orsero QUALITA GRUPPO ORSERO 38

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