SKEL Portfolio Update

" Orkan Servicing vehicles in a simple way FUEL ELECTRICITY HYDROGEN CAR WASH OTHER SERVICES ORKAN STRAUMLIND íslenska-H₂ vetnisfélagið SIMPLE BUSINESS MODEL WITH MINIMAL OVERHEAD AFTER THE RETAIL SECTION WAS SOLD Loður DI O SKEL GROUP 2023 E Profit margin 4,109 milli million ISK EBITDA 1,897 milli million ISK PURPOSE OF THE COMPANY SMART SERVICES A company that services vehicles; In a simple way • With good locations (network effect) With smart automated services It must be doable; . At scale With technology Smart payment solutions, Orkan recently introduced the Orkan Card to Apple/Google Wallet Gas cylinder vending machines • Screen wash on pump Faster charging- 16 fast charging stations in the next 12 months Cheaper electricity at night with Straumlind THE VISION Active participant in the energy transition Whether the vehicle needs energy, cleaning or other common services, Orkan will offer a service that takes care of its needs Investments in fast charging, hydrogen and better washing stations throughout the country over the next 3 years The share capital increase in Íslenska Vetnisfélagið has been completed and preparations for the construction of 4 hydrogen stations have begun Total value of equity 7,462 million ISK 72 energy stations 15 car washing stations 18 real estates 38 employees

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