Q3-24 ACT Investor Presentation

Non-IFRS Accounting Standards Measures Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA") and adjusted EBITDA. EBITDA represents net earnings plus income taxes, net financial expenses, and depreciation, amortization and impairment. Adjusted EBITDA represents the EBITDA adjusted for acquisition costs, the impact from changes in accounting policies and adoption of accounting standards, as well as other specific items for which the impact on consolidated results is not deemed indicative of future trends. These performance measures are considered useful to facilitate the evaluation of our ongoing operations and our ability to generate cash flows to fund our cash requirements, including our capital expenditures program, share repurchases, and payment of dividends. The table below reconciles net earnings, as per IFRS Accounting Standards, to EBITDA and adjusted EBITDA: (in millions of US dollars) Net eamings Add: Income taxes Net financial expenses Depreciation, amortization and impairment EBITDA Adjusted for: 16-week period ended February 4, 2024 16-week period 53 week period ended January 29, 2023 624.4 737.4 ended April 30, 2023 3,090.9 52-week period ended April 24, 2022 2.683.3 176.2 206.7 838.2 734.3 130.3 82.5 306.7 281.0 537.5 463.2 1.525.9 1,545.7 1.468.4 1,489.8 5,761.7 5.244.3 Acquisition costs 5.6 2.7 13.7 6.7 Cloud computing transition adjustment Adjusted EBITDA 1.474.0 1,492.5 5.775.4 15.1 5,266.1 Q3-24 ACT Investor Presentation CIRCLE ingo

View entire presentation