Investor Presentaiton

4. Capitalising global opportunities for electrification Industry trends support growth in electrification: End-customer demand for E2E sustainability in the logistic chain Lower operating costs lead to lower total cost of ownership Environmental regulation/investments support low-emission technologies Safety - electric vehicles create less noise and vibration during operation Urbanisation promotes quiet and low-emission load handling solutions Increasing capital market incentives to ESG-focused companies Electrification often precedes automation and/or robotisation Air quality considerations more than 90% of European ports are in or close to urban areas* CARGOTEC Our competitive position in electrification: Pioneer with market leading solutions Innovative & modular charging solutions complement electric machines Lifetime support & training for fully electric systems Fully electric Kalmar offering available by the end of 2021 Complete electric Hiab MOFFETT offering available from 2023 Electrification creates significant cost and emission savings Kalmar electric medium forklift** Fuel/electricity costs 83% less annual costs ~3 years ROI GHG emissions 97% less operational emissions HIAB MOFFETT E-SERIES NX*** Emissions ROI 75% CO2 reduction 4 years Operating costs 80% reduction ** Example case: Swedish customer, comparing an electric medium forklift Customers consider their investments against a comparable ICE forklift, both with a 5-year lease solution carefully Higher initial investment Infrastructure limitations around charging Limited in-house knowledge of high voltage systems among customers *MOFFETT e-Series (electric) compared against MOFFETT M-series (diesel) * Source: ESPO environmental report 2020 Investor presentation November 2021 15

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