Cargotec Investor Presentation

- MacGregor Q4 – Navigating the difficult market situation Orders received decreased in Merchant, Offshore and Services Sales decreased by 5% Service sales -18% Comparable operating profit above break-even Productivity improvements and TTS synergies • Increased gross margins Productivity improvements ongoing • 20 MEUR of cost savings achieved in 2020 2021 target increased to 13 MEUR CARGOTEC MEUR Q4/20 Q4/19 Change Orders received 100 193 -48% Order book 480 633 -24% Sales 168 176 -5% Comparable operating 3 -13 124% profit Comparable operating profit margin 1.8% -7.1% 890bps

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