Investor Presentaiton

Working capital development - increase in receivables following high revenue growth Changes in receivables development H1 2023 changes in working capital, deep-dive Organic growth DKK billion Change in receivables Reversal of customer prepayments from 2022 (DKK 0.2 billion) -1.8 -1.6 0.0 0.2 Receivables Payables Inventories Working capital PEOPLE MAKE PLACES 18 6.7% DKK -0.9 billion H1 2022 10.9% DKK -1.8 billion H1 2023 ISS

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