Investor Presentation

Generating Solid Cash Flows Tight working capital management and enhanced profitability have significantly improved cash flow (in millions of $) 11.9 7.6 2018 20.2 2019 14.1 37.0 134.4 30.0 26.1 26.9 24.4 2020 ■ Cash Flows Related to Operating Activities 34.2 27.9 2021 2022 LTM Q1-23 Free Cash Flow (1) (1) This is a non-IFRS financial measure. Non-IFRS financial measures do not have any standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other companies. Refer to the Non-IFRS Financial Measures section at the end of this presentation for further details. 34

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