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Investor Presentaiton

HEADLINE FUEL & CURRENCY IMPACT Fuel impact Fuel $ per metric tonne Market price Effective price US dollar rate HY23 HY22 Change¹ 1,012 762 (250) 860 599 (261) Market price 1.25 1.34 (9) cents Effective price 1.24 1.38 (14) cents Actual cost of fuel £ per metric tonne 691 434 (257) HY23 currency impact on headline LBT2 EUR CHF USD Other Total £m Revenue 17 19 2 1 39 Fuel (1) (70) (71) Headline costs excluding fuel Total (36) (16) (11) (1) (64) (20) 3 (79) (96) 1) Favourable/(adverse) 2) Excludes the impact of balance sheet revaluations HY 2023 RESULTS 34 34

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