Bouvet Interim Presentation

Other operating expenses Increased 45.1 percent y-o-y • Travel, courses, recruitments and social events increased by 57.6 percent to NOK 33.5 million Other costs increased by 37.1 percent to NOK 45.2 million Other OpEx split (quarterly figures) MNOK 100 80 60 40 20 Travel, courses, recruitments and social events Other -- 0 Q4'19 Q4'20 Other OpEx split (LTM) Q4'21 Q4'22 MNOK 300 Travel, courses, recruitments and social events Other 250 200 150 100 50 0 Q4'19 Q4'20 Q4'21 Q4'22 INTERIM PRESENTATION 27 bouvet

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