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Investor Presentaiton

Cloud & Infra Business highlights Revenue EUR 218 million, organic growth* -7% Adjusted EBITA** EUR 20.8 (19.3) million, 9.5% (8.5) 300 Revenue decline due to pre-merger lost customers -3%, reduced hardware sales -2% Organic growth* -7% Adj. EBITA** 9.5% (up 1.0%) 250 Decline in traditional infrastructure continues 200 Cloud growth +5%, Security Services +57% 150 Strong order intake and increase in order backlog 227 216 218 218 100 201 Performance acceleration announced to drive cloud growth and profit improvement 50 8.5% 4.0% 6.0% 9.2% 9.5% 0 Q420 Q121 Q221 Q321 Q421 Adj. EBITA % Revenue * Adjusted for currency effects, acquisitions and divestments ** Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability tietoevry 23
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