Investor Presentaiton

FREE CASH FLOW AND DEBT (20) (40) (60) (80) (100) (120) Free Cash Flow ($CAD'MM) (99) Q2 FY23 Total Debt Balance ($CAD'MM) 1,600 1,400 1,354 1,307 1,206 1,200 1,000 800 (67) 600 Q2 FY24 400 200 1,045 681 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Free Cash Flow from continuing operations was an outflow of $67 MM comprised of cash from operations, which included $28 MM of cash interest payment, and capital expenditure of $1 MM in Q2 FY2024. Reduced overall debt by $364 MM to $681 MM in Q2 FY2024; Total debt reduction of approximately $1 BN delivered since the beginning of FY2023. 19

View entire presentation