Investor Presentaiton

Operational performance | Quality on target, focusing on delivery Defects per unit -25% on Mar 23 External demerit - 52% on Mar 23 Key open safety issues Gate review go on time -33% on Mar 23 (avg 6 months) ~stable Pre-acq Apr Mar Mar Mar AT '21 $22 $23 $24 Mar '25 Pre-acq Apr AT Mar Mar '21 $22 $23 Mar '24 Mar $26 Pre-acq AT X2 Apr Mar Mar '21 $22 $23 Mar Mar '24 '25 Pre-acq Apr Mar AT '21 22 Mar Mar Mar '23 '24 '25 Manufacturing throughput +22% on Mar 23 Physical inventory +7% on Mar 23 Delivery on time +16% on Mar 23 Engineering on-time +6% on Mar 23 Pre-acq Apr AT '21 Mar $22 Mar Mar $23 '24 Mar '25 Pre-acq Apr Mar AT '21 $22 Mar $23 Mar '24 Mar $25 Pre-acq Apr AT '21 Mar '22 Mar '23 Mar '24 Mar Pre-acq Apr Mar Mar '26 AT '21 '22 $23 Mar '24 Mar $25 Supply chain & electronic components challenges mitigated © ALSTOM SA 2023. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use, alter or disclosure to third parties, without express written authorisation, is strictly prohibited. ALSTOM • 20

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