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Investor Presentaiton

Key financials NOK million Revenue Reported EBITDA Adjustment to EBITDA Adjusted EBITDA Reported EBIT Adjusted EBIT Financial income (expense) Reported Income (loss) before tax Income taxes Reported Net income (loss) from continuing operations Adjusted net income (loss) from continuing operations Q4 2022 Q4 2021 Q3 2022 Year 2021 44 075 46 433 52 445 3 930 12 462 9 828 3 254 (3451) (108) 1 959 7 184 9 011 9 721 28 010 Hydro 149 654 26 050 Year 2022 207 929 39 536 128 39 664 1 405 10 086 7 670 17 887 4 946 7 026 7 611 20 786 30 715 31 179 271 644 496 510 1 649 1 676 10 730 8166 18 397 32 365 (1519) (2 205) (1489) (4 467) (7 984) 158 8 525 6 676 13 930 24 381 2 371 5 810 6 258 14 905 23 145 Earnings per share from continuing operations Adjusted earnings per share from continuing operations 0.12 3.47 3.34 5.92 11.76 0.99 2.57 2.91 6.77 10.70 Income (loss) from discontinued operations 1) 36 4 12 36 1) Income and expenses in the business to be sold are excluded from such income and expenses in continuing operations and reported separately as losses for discontinued operations. For further information and a specification of the result in the discontinued operations, see Note 4 Discontinued operations and assets held for sale to the interim financial statements 13
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