Latest quarterly report

• EBITDA excl. special items¹ of 652 MUSD, up 27% from 2Q24
• Increased margins driven by commercial performance, record-high production² and supportive market fundamentals
• Cost and capex reduction program ahead of schedule
• 1H adjusted earnings per share³ at 1.92 USD – up from 0.64 USD last year

1) For definition and reconciliation see APM section in the 2Q report, pages 24-32.
2) YIP production performance adjusted for portfolio optimization.
3) Adjusted basic earnings/(loss) per share excl. foreign currency exchange gain/(loss) and special items. For definition and reconciliation see APM section in the 2Q report, pages 24-32.