Interim Financial Review Q2 2021

Earnings • • • • • Operating profit (EBIT) decreased by 1.6. percent to NOK 83.8 million EBIT margin of 12.4 percent compared to 14.3 percent in Q2'20 Operating expenses increased by 15.9 percent y-o-y General growth in pay rate 3.6 percent y-o-y Covid-19 effects reduced • Negative impact from increased costs. related to software, recruitment and social events 60 88220 40 EBIT and EBIT margin MNOK and Percent 100 EBIT -EBIT margin 16% 14% 12% 10% 8% 6% 4% 2% 0 0% Q2'17 Q2'18 Q2'19 Q2'20 Q2'21 EBIT and EBIT margin (LTM) MNOK and Percent 350 EBIT EBIT margin 14% 300 12% 250 10% 200 8% 150 6% 100 4% 50 2% 0 0% Q2'17 Q2'18 Q2'19 Q2'20 Q2'21 24 bouvet

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