Universal Leaf Tobacco Company Presentation slide image

Universal Leaf Tobacco Company Presentation

Financial Results (continued) (By Fiscal Year) Adjusted EBITDA1, 2 $224 $184 $221 $232 $241 2019 Free Cash Flow1, 2 2020 2021 2022 2023 $165 $166 $186 $134 $128 2019 2020 Net Debt / Net Capitalization¹ 2021 2022 2023 32% 35% 25% 22% 10% 2019 2020 2021 2022 Non-GAAP measure. Please see Appendix. Free cash flow defined as EBITDA -Capex 1 2 In Millions 2023 28
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