Q1 2022 & FY 2021 Results

CASH, LIQUIDITY AND BALANCE SHEET Cost and expense reductions throughout the organization • Variable costs and distribution efficiencies • Achieved US$24 million in savings during 2020 e.g. hiring freeze, not filling vacant positions and limiting external service providers Deferred all non-essential projects Cash and equivalents totaled US$640 million in Q1-22 Net debt/EBITDA totaled -0.43x as of March 2022 No significant debt maturities in 2021 Issued a US$500 million 10-year sustainability-linked bond due 2032 Strong balance sheet, result of the strategy of maintaining an efficient and prudent capital structure GCC 5 LO

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