Aker Solutions Earnings and Corporate Presentation slide image

Aker Solutions Earnings and Corporate Presentation

Financial Policy Financial policy1 Net Interest-Bearing Debt / EBITDA target = 1.0x Bank covenants 3.5x ■ Net Interest-Bearing Debt/Equity < 0.5 Liquidity policy ■ Dividend payments should over time amount to 30-50% of net profit (cash dividends or share buybacks) Min liquidity buffer at NOK 3 billion ◉ Max 50% of total debt on floating interest basis Foreign Exchange policy ■ All secured contracts hedged at signing All planned internal dividends hedged 1 Excluding the effects of IFRS 16 as covenants are based on frozen GAAP 2019 Aker Solutions OOL May 16, 2019 Slide 32 Aker Solutions
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