KEY PERFORMANCE INDICATOR ACCORDING TO IFRS

EARNINGS PER SHARE

Profit after tax for the period attributable to Parent Company shareholders divided by the average number of outstanding shares for the period.

KEY PERFORMANCE INDICATORS NOT DEFINED ACCORDING TO IFRS

CAPITAL EMPLOYED

Total assets less non-interestbearing provisions and liabilities.

EBIT

Operating profit.

EBIT MARGIN

EBIT as a percentage of net sales.

EBITDA

Operating profit before depreciation, amortization and impairment of tangible and intangible assets.

EBITDA MARGIN

Operating profit before depreciation, amortization and impairment of tangible and intangible assets as a percentage of net sales.

EQUITY/ASSET RATIO

Shareholders’ equity, including non-controlling interests, as a percentage of total assets.

GROSS MARGIN

Gross profit as a percentage of net sales.

INTEREST COVER RATIO

Profit after net financial items plus interest expenses in relation to interest expenses.

NET DEBT

Interest-bearing and non-interest-bearing liabilities less cash and cash equivalents.

NET DEBT/EBITDA

Net debt in relation to EBITDA

NET DEBT/EQUITY RATIO

Net debt in relation to shareholders equity.

OPERATING CASH CONVERSION

Cash flow from operating activities as a percentage of EBITDA.

ORGANIC GROWTH

Net sales growth adjusted for enterprises acquired and sold off and any exchange rate changes. No adjustments have been made for number of working days.

R12

The last recent twelve months/rolling twelve-month period

RETURN ON CAPITAL EMPLOYED

EBIT as a percentage of average capital employed, calculated as the average of the last four quarter’s closing balances.

RETURN ON CAPITAL EMPLOYED BEFORE ITEMS AFFECTING COMPARABILITY

Operating profit (EBIT) before items affecting comparability as a percentage of average capital employed, calculated as the average of the period’s opening and closing balances.

RETURN ON CAPITAL EMPLOYED EXCLUDING GOODWILL

Operating profit (EBIT) as a percentage of average capital employed, excluding goodwill, calculated as the average of the last four quarter’s closing balances.

RETURN ON SHAREHOLDERS’ EQUITY

Profit after tax attributable to Parent Company shareholders as a percentage of average shareholders’ equity, excluding non-controlling interests.

R4Q/4

Average value of the latest four quarter’s closing balance