Investor Presentaiton

Outlook 20231) - Upgrade of organic growth to 7 -9% Organic growth Operating margin²) Free cash flow 770 7-9% (Before: 6-8%) The upgrade is due to higher customer activity and thereby higher underlying volume growth The positive effect from net price increases and net contract wins are unchanged A negative effect from lower project and above- base work is still expected 4.25 -4.75% (Unchanged) Around DKK 2.0 bn (Unchanged) 500 Margin improvements in the two previous hotspots; the UK and Deutsche Telekom Positive effects from OneISS efficiencies and cost initiatives across the Group Operating leverage from higher revenue • • Improvement in operating profit Negative impact from working capital including customer prepayments in 2022 Increased tax outflow due to higher operating profit Capex in line with depreciation and The outlook for organic growth and operating margin excludes any contribution from discontinued operations amortisation 1) Outlook excl. IAS 29 PEOPLE MAKE PLACES 2) Operating profit margin before other income and expenses 21 ISS

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