Investor Presentation

Increased Net Earnings and Adjusted Net Earnings (1) Net earnings (M$) & EPS Adjusted net earnings (1) (M$) & per share(1) Elements $9.5 $9.8 50.7% $6.3 55.6% $6.3 Acquisition costs Restructuring expenses $0.37 $0.38 Value adjustment on acquired inventory $0.24 $0.24 Q1-22 Q1-23 Q1-22 Q1-23 (1) This is a non-IFRS financial measure. Non-IFRS financial measures do not have any standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other companies. Refer to the Non-IFRS Financial Measures section at the end of this presentation for further details. 42

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