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Hexagon Purus Q3 2026 20 October 2026
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2 Disclaimer and important notice This company presentation (the “Presentation”) has been prepared by Hexagon Purus ASA (“Purus” or the “Company”). The Presentation has not been reviewed or registered with, or approved by, any public authority, stock exchange or regulated marketplace. The Company makes no representation or warranty (whether express or implied) as to the correctness or completeness of the information contained herein, and neither the Company nor any of its subsidiaries, directors, employees or advisors assume any liability connected to the Presentation and/or the statements set out herein. This presentation is not and does not purport to be complete in any way. The information included in this Presentation may contain certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words “believes”, expects”, “predicts”, “intends”, “projects”, “plans”, “estimates”, “aims”, “foresees”, “anticipates”, “targets”, and similar expressions. The forward-looking statements contained in this Presentation, including assumptions, opinions and views of the Company or cited from third party sources are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. None of the Company or its advisors or any of their parent or subsidiary undertakings or any such person’s affiliates, officers or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this Presentation or the actual occurrence of the forecasted developments. The Company and its advisors assume no obligation to update any forward-looking statements or to conform these forward-looking statements to the Company’s actual results. Investors are advised, however, to inform themselves about any further public disclosures made by the Company, such as filings made with the Oslo Stock Exchange or press releases. This Presentation has been prepared for information purposes only. This Presentation does not constitute any solicitation for any offer to purchase or subscribe any securities and is not an offer or invitation to sell or issue securities for sale in any jurisdiction, including the United States. Distribution of the Presentation in or into any jurisdiction where such distribution may be unlawful, is prohibited. This Presentation speaks as of 20 October 2026, and there may have been changes in matters which affect the Company subsequent to the date of this Presentation. Neither the issue nor delivery of this Presentation shall under any circumstance create any implication that the information contained herein is correct as of any time subsequent to the date hereof or that the affairs of the Company have not since changed, and the Company does not intend, and does not assume any obligation, to update or correct any information included in this Presentation. This Presentation is subject to Norwegian law, and any dispute arising in respect of this Presentation is subject to the exclusive jurisdiction of Norwegian courts with Oslo City Court as exclusive venue. By receiving this Presentation, you accept to be bound by the terms above.
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3 Agenda Q3 2026 UPDATE 1 FINANCIALS 2 OUTLOOK AND Q&A 3
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Company update Q3 2026
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5 Key developments in Q3 2026 Note: 1) Excludes Q3 2025 revenue of (i) NOK 65m from divested US business in Q1 2026 and (ii) NOK 8m from deconsolidated China JV; 2) Excludes Q3 2026 revenue of N OK 7m in working capital true-up following sale of U.S. business in Q1 2026; 3) Annualized Q3 2026 cost base (payroll & benefits and other OPEX) excluding NOK 6m in non -recurring costs in Q3 2026 compared to FY 2024 STABLE SEQUENTIAL REVENUE IMPROVED ORDER BOOK VISIBILITY FOR 2027 SUBSTANTIALLY REDUCED COST BASE NOKM Q2 2026 Q3 2026 146 150 +3% 2027 ORDERBOOK Q2 2026 Q3 2026 ~80 ~200 2.5X GROWTH ~50% FIXED COST BASE REDUCTION³
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6 Revenue and EBITDA in Q3 2026 impacted by lower activity QUARTERLY REVENUE QUARTERLY EBITDA Q1 2026Q3 2025 Q4 2025 Q2 2026 Q3 2026 252 468 405 146 150 -20% 179 74 365 103 217 54 134 143 7 NOKM NOKM Q3 2025 Q4 2025 Q2 2026Q1 2026² Q3 2026³ -116 -99 2 -102 -83 7 -94 -22 -23 -76 -90 -43 134 -85 -17 -78 -12 Organic revenue Divested revenue¹ M&A² Note: 1) Quarterly revenue from (i) divested US business and (ii) deconsolidated China JV in Q1 2026; 2) Q1 2026 revenue imp act of NOK 134 million from the (i) divestment of the U.S. business to SpaceX (NOK 72 million) and (ii) China deconsolidation (NOK 62 million) and (iii) Q3 2026 revenue impact of NOK 7m in working capital true -up following sale of U.S. business in Q1 2026 and 3) Costs related to amongst other the ongoing restructuring of the Group, bad debt and inventory write-down EBITDA Items affecting comparability³ M&A²
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7 Q3 2026 25% 29% 22% 24% • Like-for-like basis excluding revenue from divested business and M&A • Revenue from hydrogen infrastructure accounted for the largest share of revenue in Q3 2026 with 29% (NOK 41 million), down 13 pp. versus Q3 2025 • Hydrogen mobility accounted for 22% (NOK 32 million) in Q3 2026, down 10 pp. versus Q3 2025 due softer transit bus volumes • Higher share of revenue coming from battery mobility in Q3 2026 with 24% (NOK 35 million), up 17 pp. versus Q3 2025 • Other application accounted for 25% (NOK 36 million) in Q3 2026 Higher volumes in battery mobility shifted underlying revenue mix in Q3 2026 Q3 2025 19% 42% 32% 7% LTM Q3 2025 13% 43% 31% 13% H2 Infrastructure H2 Mobility Battery Mobility Other applications Q3 2025 vs. Q3 2026¹ LTM 2025 vs. LTM 2026¹ LTM Q3 2026 17% 47% 23% 12% Note: 1) Excludes revenue from (i) divested US business, (ii) deconsolidated China JV and (iii) proceeds from M&A 100% 100% 100% 100%
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8 Q3 2026 YEAR-OVER-YEAR REVENUE BRIDGE | NOKM Higher activity in battery mobility offset by lower volumes in hydrogen infrastructure and transit bus in Q3 2026 • Decrease in revenue from hydrogen infrastructure driven mainly by lower hydrogen distribution volumes compared same period last year • Revenue from hydrogen mobility impacted by lower activity in hydrogen transit bus partly offset by rail applications in the quarter • Higher revenue from battery-electric mobility reflects delivery of eight trucks to Hino compared to one truck in same quarter last year • Other applications impacted by higher activity from maritime applications, partly offset by lower activity for industrial gases Note: 1) Quarterly revenue from (i) divested US business and (ii) deconsolidated China JV in Q1 2026; 2) Hydrogen distribution, mobile refueling and stationary storage; 3) Heavy -duty vehicles, transit bus and rail; 4) Battery Systems and Vehicle Integration in North America and; 5) Industrial gas, maritime and other; 6) Working capital true -up of NOK 7m in relation to sale of US business in Q1 2026 Q3 2025 Q3 2026 252 179 143 150 -35 (-20%) -102 (-40%) -74 -34 -25 22 2 7 DIVESTED REVENUE¹ HYDROGEN INFRA.² +176% YOY GROWTH +5% YOY GROWTH -45% YOY DECLINE HYDROGEN MOBILITY³ BATTERY MOBILITY⁴ OTHER APPLICATIONS⁵ Q3 2025 EXCL. DIVESTED BUSINESS M&A⁶ -44% YOY DECLINE ORGANIC REVENUE
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9 58% 40% 2% 55% 17% 8% 20% 9 Improved order book visibility for 2027 Note: 1) Order book (i) excludes historical divested orderbook to enable like-for-like comparison, (ii) includes firm purchase orders only, i.e., exc luding framework agreements or other long-term agreements where purchase orders are not yet received and (iii) values are converted to NOK; 2) Hydrogen distribution, mobile refueling and stationary storage; 3) Fuel -cell electric mobility including heavy -duty, transit bus and rail; 4) Battery Systems and Vehicle Integration business in North America; 5) Industrial gas, Maritime and Other applications ORDER BOOK¹ (NOKM) APPLICATION SPLIT AS OF Q3 2026 (% OF TOTAL) Q1'25 Q1'26Q2'25 Q3'25 Q4'25 Q2'26 Q3'26 629 781 720 520 463 523 508 -3% 2027 ORDER BOOK (% OF TOTAL ORDERBOOK) HYDROGEN INFRASTRUCTURE² HYDROGEN MOBILITY³ BATTERY ELECTRIC MOBILITY⁴ OTHER APPLICATIONS⁵ FY2026 FY2027 FY2028 NOK 508M NOK 508M Order book YEARLY SPLIT AS OF Q3 2026 (% OF TOTAL) Q1'26Q4'25 Q2'26 Q3'26 3x 6% 11% 15% 40%
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1 143 573 HEADCOUNT REDUCTION More than 50% reduction in total Group workforce compared to year-end 2024 has significantly reduced payroll costs LOWER OTHER OPEX Reduced spend on inter alia third-party services, marketing and travel contributes positively to a substantially lower other OPEX BREAK-EVEN POINT Current cost base support profitability and cash break-even at lower revenue levels 10 Cost base cut by ~50% compared to 2024 ANNUALIZED Q3 2026 COST BASE VERSUS FY-2024¹ (NOKM) Approximately 50% reduction in total Group cost base FY-2024 COST BASE ANNUALIZED Q3 2026² Note: 1) Cost base equals (i) payroll & benefits and (ii) other OPEX; 2) Excludes items affecting comparability of NOK 6m in strategic and consultancy costs related to the restructuring costs in Q3 2026
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11 HyCarrier – the next generation hydrogen distribution system FIRST CUSTOMER DELIVERY PLANNED FOR APRIL 2027
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12 HyCarrier reduces total cost of ownership for on-road transport of hydrogen and further strengthens Hexagon Purus’ competitive position HIGHER PAYLOAD Allows for more hydrogen per trip with 40% fewer cylinders per system LONGER SERVICE INTERVALS 10-year inspection intervals MODULAR DESIGN Faster and easier service and upgrade NEW SAFETY DESIGN Features built directly into the system 1 2 3 4
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Financials Q3 2026
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14 Ratios (% of total revenue) Cost of materials Payroll and social security expenses Other operating expenses EBITDA 56% 60% 39% (55%) 47% 74% 25% (46%) 47% 54% 25% (26%) 54% 84% 38% (77%) 62% 62% 31% (54%) Profit & Loss (NOK ‘000) Total revenue and income Cost of materials Payroll and social security expenses Other operating expenses Total operating expenses EBITDA Depreciation, amortization and impairment EBIT Profit/loss from investments in associates Finance income Finance costs Profit/loss before tax Tax expense Profit/loss after tax Q3 2026¹ 150,367 84,037 90,267 59,171 233,476 -83,108 40,409 -123,517 -5,964 31,992 143,786 -241,275 470 -241,746 Q3 2025¹ 252,326 119,037 186,619 62,184 367,840 -115,515 68,230 -183,744 -2,081 9,938 190,759 -366,646 -2,065 -364,582 YTD 2026¹ 701,475 327,388 379,926 177,785 885,100 -183,625 142,939 -326,563 -13,248 71,475 362,342 -630,678 -2,364 -628,314 YTD 2025¹ 675,840 366,544 569,716 258,302 1,194,562 -518,723 196,393 -715,116 -7,484 65,834 369,812 -1,026,578 -5,151 -1,021,427 FY 2025 1,143,892 704,436 704,455 353,201 1,762,091 -618,200 539,127 -1,157,327 -16,336 89,411 452,342 -1,536,594 -7,297 -1,529,297 Group P&L | Q3 and YTD 2026 • Revenue of NOK 150 million in Q3 2026, down 40% compared to same period; excluding divested revenue (NOK 74m) and M&A (NOK 7m), the revenue decline was 20% year-over-year • Decrease in revenue was primarily driven by lower activity in hydrogen infrastructure and transit bus offset partly by higher activity in battery mobility in the quarter • Total operating expenses include NOK 6 million in strategic and consultancy costs related to restructuring activities Note: 1) Quarterly and YTD figures are unaudited (YTD 2026 figures includes U.S. business in January and February)
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15 HMI BUSINESS IN BRIEF Hydrogen Mobility & Infrastructure (HMI) 15 Weeze (Germany) Kassel (Germany) SELECTION OF KEY CUSTOMERS HYDROGEN CYLINDERS HYDROGEN SYSTEMS • Hydrogen cylinders and systems manufacturing and industrial gas business in Europe • Business unit led by Dr. Michael Kleschinski, Executive Vice President, based in Kassel, Germany
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16 Hydrogen Mobility & Infrastructure (HMI) | Q3 2026 REVENUE | NOKM EBITDA | NOKM • Revenue of NOK 104 million in Q3 2026, down 55% year-over-year • Excluding divested revenue from the U.S. business (NOK 65m), revenue declined by 38% year-over-year in the quarter • The underlying revenue development was primarily driven by lower activity within hydrogen infrastructure and transit bus, offset partly by increased revenue from rail applications • EBITDA improved year-over-year despite significantly lower revenue, reflecting the effects of cost reduction measures implemented over the last 18 months • The effects of restructuring are notable in HMI’s operations with a lower cost base and improved productivity supported periods of profitable operations during the quarter at the Kassel facility YTD 2025 YTD 2026 601 461 -23% 133 (22%) 277 (46%) 191 (32%) 216 (47%) 117 (25%) 129 (28%) Q3 2025 Q3 2026 233 104 -55% 75 (32%) 94 (40%) 65 (28%) 41 (40%) 32 (30%) 31 (30%) Hydrogen Infrastructure Hydrogen Mobility¹ Other² YTD 2025 YTD 2026 -151 (-33%) -266 (-44%) Q3 2025 Q3 2026 -34 (-33%)-47 (-20%) Note: 1) Excluding divested U.S. business, hydrogen mobility revenue in Q3 2025 was NOK 57 million and YTD 2025 revenue was N OK 211 million; 2) Excluding divested U.S. business, other revenue in Q3 2025 was NOK 36 million and YTD 2025 revenue was NOK 11 0 million
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17 BVI BUSINESS IN BRIEF BATTERY SYSTEMS KEY ELECTRIFICATION COMPONENTS & SOFTWARE FUEL CELL ELECTRIC HEAVY-DUTY TRUCKS BATTERY ELECTRIC HEAVY-DUTY TRUCKS Battery Systems and Vehicle Integration (BVI) 17 Kelowna (Canada) Dallas (Texas, US) KEY CUSTOMERS • Battery systems production (Kelowna, Canada) and complete vehicle integration of battery electric and fuel cell electric vehicles (Dallas, US) for the North American market • Complete suite of key components developed in-house required for electrification of heavy-duty trucking • Business unit led by Todd Sloan, Executive Vice President, based in Kelowna, Canada
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18 Battery Systems & Vehicle Integration (BVI) | Q3 2026 REVENUE | NOKM EBITDA | NOKM • Revenue of NOK 35 million in Q3 2026, up 176% year-over-year on the back of eight vehicle deliveries to Hino and sublease income from the Dallas facility • Additional vehicle deliveries to Hino expected to be delivered in Q4 2026 • The higher revenue did not translate into improved profitability year-over- year, as the vehicle deliveries in the quarter carried high materials cost from legacy inventory and required additional temporary labour to support truck builds Q3 2025 Q3 2026 -28-30 YTD 2025 YTD 2026 -75 -115 YTD 2025 YTD 2026 63 68 +8% Q3 2025 Q3 2026 13 35 +176%
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Q1 2026 Q2 2026 Q3 2026 2,972 2,814 2,623 74 364 334 593 312 648 388 238 94 308 329 590 318 629 382 180 79 220 321 563 299 589 360 198 19 ASSETS | NOKM EQUITY & LIABILITIES | NOKM Group balance sheet | Q3 2026 Other current assets Receivables Inventory PPE R-o-U assets Intangibles Other non-current assets Cash Other non-current liabilities Payables Debt component CB¹ Other current liabilities Lease liabilities Total equity Q1 2026 Q2 2026 Q3 2026 2,972 2,814 2,623 56 255 385 294 1,867 113 58 41 391 274 1,939 109 60 -224 369 275 2,013 134 • PP&E and lease liabilities broadly stable, reflecting a structurally lower CAPEX profile • Inventory down to NOK 360 million, which combined with increase in accounts payable and customer pre- payments supports working capital release • Cash down NOK 88 million to NOK 220 million; working capital release partly offset operating losses • Equity negative at NOK -224 million; restructuring discussions with key stakeholders ongoing, aim to restructure balance sheet and restore positive equity
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PBT D&A Capex (PPE) Net FXOther income Q2 2026 Q3 2026Interest received Interest payment Other operating CF Change in NWC Capitalized prod. dev. Repayment of loans Repayment of lease liabilities Net interest expense Proceed from sale of shares 308 220 -88 -241 40 -7 64 80 -3 -1 -2 10 2 -0 -0 -18 -11 20 OPERATING: NOK -67M INVESTING: NOK 9M FINANCING & FX: NOK -30M NOKm Group cash flow | Q3 2026 • Net cash flow of NOK -88m in the quarter, bringing the cash balance to NOK 220m at the end of the quarter • Operating cash flow of NOK -67m mostly driven by operating losses, but partly offset by release of working capital in the quarter • Limited investments in PPE and product development, given the strong cash conservation focus
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Outlook Q3 2026
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22 Navigating a challenging market with clear targets and ambitions Demand visibility remains challenging despite recent positive signals in certain end-markets Continue to navigate the market and adjust operations, costs and strategic priorities as needed to reach the targets Targeted cost cuts have been delivered with a ~50% lower cost base compared to 2024 Order book and lower cost base provides opportunity to approach EBITDA break-even in Q4 2026
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23 BALANCE SHEET RESTRUCTURING EXECUTE ON CURRENT ORDER BOOK BUILD ORDER BOOK FOR 2027 MANAGE COSTS AND LIQUIDITY Main priorities for remainder of 2026
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24 Q&A
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APPENDIX
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26 -83 -62 -69 -80 -61 -93 -112 -92 -109 -112 -89 -116 -129 -97 -97 -51 -104 -242 -161 -116 -99 2 -102 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2026 Q2 2026 Q3 2026 150 52 94 103 259 159 210 222 372 244 330 380 366 407 528 544 396 230 193 252 468 405 146 REVENUE NOK MILLION EBITDA NOK MILLION Quarterly Group revenue and EBITDA development LTM Q1 2026 FY 2021 LTM Q2 2026 FY 2022 FY 2025 LTM Q3 2026 FY 2023 FY 2024 1,170 508 964 1,320 1,876 1,144 1,319 1,271 -283-272 -406 -445 -348 -618 -375 -316
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27 Profit & Loss (NOK ‘000) Revenue Other income Total revenue Cost of materials Payroll and social security expenses Other operating expenses Total operating expenses EBITDA Depreciation and amortization EBIT Profit/loss from investments in associates Finance income Finance costs Profit/loss before tax Tax expense Profit/loss after tax Q3 2026¹ 141,756 8,611 150,367 84,037 90,267 59,171 233,476 -83,108 40,409 -123,517 -5,964 31,992 143,786 -241,275 470 -241,746 Q3 2025¹ 247,241 5,084 252,326 119,037 186,619 62,184 367,840 -115,515 68,230 -183,744 -2,081 9,938 190,759 -366,646 -2,065 -364,582 YTD 2026¹ 554,099 147,376 701,475 327,388 379,926 177,785 885,100 -183,625 142,939 -326,563 -13,248 71,475 362,342 -630,678 -2,364 -628,314 YTD 2025¹ 670,585 5,255 675,840 366,544 569,716 258,302 1,194,562 -518,723 196,393 -715,116 -7,484 65,834 369,812 -1,026,578 -5,151 -1,021,427 FY 2025 1,136,658 7,234 1,143,892 704,436 704,455 353,201 1,762,091 -618,200 539,127 -1,157,327 -16,336 89,411 452,342 -1,536,594 -7,297 -1,529,297 Financial statements | Group P&L Note: 1) Quarterly and YTD figures are unaudited ( YTD 2026 figures include 100% of U.S. business’ sales for January and February)
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28 Segment Profit & Loss (NOK ‘000) Hydrogen Mobility & Infrastructure (HMI) Revenue Other income Total revenue and income Total operating expenses Operating profit before depreciation (EBITDA) Depreciation, amortization and impairment Operating profit (EBIT) Battery Systems & Vehicle Integration (BVI) Revenue Other income Total revenue and income Total operating expenses Operating profit before depreciation (EBITDA) Depreciation, amortization and impairment Operating profit (EBIT) Other & Eliminations Revenue Other income Total revenue and income Total operating expenses Operating profit before depreciation (EBITDA) Depreciation, amortization and impairment Operating profit (EBIT) Q3 2026¹ 103,568 836 104,404 138,718 -34,314 29,311 -63,625 34,377 464 34,840 63,292 -28,451 8,962 -37,413 3,812 7,312 11,124 31,466 -20,342 2,136 -22,478 Q3 2025¹ 233,275 0 233,275 279,892 -46,617 42,690 -89,306 9,911 2,696 12,607 42,715 -30,109 17,713 -47,822 4,055 2,389 6,444 45,233 -38,789 7,827 -46,616 YTD 2026¹ 457,026 4,034 461,060 611,776 -150,716 96,575 -247,291 66,171 1,508 67,680 142,557 -74,877 37,334 -112,211 30,901 141,834 172,735 130,767 41,968 9,030 32,938 YTD 2025¹ 600,870 136 601,006 866,897 -265,891 124,455 -390,346 60,233 2,696 62,929 178,370 -115,441 54,020 -169,461 9,482 2,423 11,905 149,296 -137,391 17,918 -155,309 Financial statements | Segments P&L Note: 1) Quarterly and YTD figures are unaudited (YTD 2026 figures include 100% of U.S. business’ sales for January and Febru ary)
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29 Balance sheet (NOK ‘000) Property, plant and equipment Right-of-use assets Intangible assets Investment in associates and joint ventures Non-current financial assets Non-current assets Total non-current assets Inventories Trade receivables Contract assets (accrued revenue) Other current assets Cash and short-term deposits Total current assets Total assets Issued capital and share premium Other equity Equity attributable to equity holders of the parent Non-controlling interests Total equity Interest-bearing loans and borrowings Lease liabilities Provisions Net employee defined benefit liabilities Deferred tax liabilities Total non-current liabilities Trade and other payables Contract liabilities Interest-bearing loans and borrowings Lease liabilities, short term Income tax payable Other current financial liabilities Other current liabilities Provisions Total current liabilities Total liabilities Total equity and liabilities 30.09.2026¹ 588,853 299,016 562,559 203,552 1,232 116,462 1,771,674 359,653 198,170 0 74,153 219,721 851,698 2,623,371 301,847 -525,454 -223,606 0 -223,605 2,031,201 369,246 19,147 1,479 16,900 2,437,973 133,846 71,378 446 35,911 0 0 101,774 65,648 409,003 2,846,976 2,623,371 30.09.2025¹ 1,102,030 499,428 674,435 36,087 25,005 119,558 2,456,544 758,036 234,023 0 178,927 360,320 1,531,307 3,987,850 2,339,868 -1,397,354 942,514 111,315 1,053,828 1,754,158 492,412 24,430 1,916 24,633 2,297,549 178,556 165,197 495 47,935 0 0 176,601 67,687 636,472 2,934,021 3,987,850 FY 2025 952,380 421,315 664,032 34,659 -0 120,819 2,193,204 549,400 313,488 0 132,398 321,804 1,317,089 3,510,293 301,847 160,310 462,157 117,289 579,446 1,818,956 485,274 25,528 1,275 22,616 2,353,647 146,892 136,532 1,937 48,848 0 0 153,279 89,709 577,198 2,930,845 3,510,293 Financial statements | Group balance sheet Note: 1) Quarterly figures are unaudited
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30 Cash Flow (NOK ‘000) Profit before tax Depreciation, amortisation and impairment Other income (gain of sale of subsidiary and deconsolidation effect) Net interest expense Changes in net working capital Other adjustments to operating cash flows Net cash flow from operating activities Purchase of property, plant, and equipment, net of proceeds from sale Purchase and development of intangible assets Cash paid related to acquistion of subsidiary, net of cash acquired Investments in associated companies Loans to associated companies Proceeds from sale of shares in associated companies Interest received Net cash flow from investing activities Net repayment (-) / proceeds (+) from interest bearing loans Interest payments Repayment of lease liabilities (incl. interests) Net proceeds from share capital increase in parent company Net proceeds from share capital increase in subsidiary Net cash flow from financing activities Net change in cash and cash equivalents Net currency exchange differences on cash Cash and cash equivalents beginning of period Cash and cash equivalents end of period Q3 2026¹ -241,275 40,409 -6,981 79,620 64,233 -3,484 -67,479 -1,424 -2,373 0 0 0 10,499 2,200 8,903 -412 -406 -17,846 0 0 -18,663 -77,238 -10,739 307,698 219,721 Q3 2025¹ -366,646 68,230 0 68,133 -25,980 141,572 -114,692 -13,947 -16,088 0 -7,585 -0 0 3,310 -34,310 -926 -45 -22,507 0 8,800 -14,679 -163,681 -2,566 526,567 360,319 YTD 2026¹ -630,678 142,939 -141,415 231,097 207,506 31,565 -158,987 -4,733 -7,658 0 0 25,000 108,699 4,634 125,941 -1,337 -626 -48,173 0 0 -50,136 -83,181 -18,901 321,804 219,721 YTD 2025¹ -1,026,578 196,393 0 194,141 -22,145 163,848 -494,341 -66,292 -50,519 0 -17,490 -14,990 0 17,404 -131,887 -2,822 -200 -64,598 0 52,728 -14,893 -641,121 -26,291 1,027,732 360,320 FY 2025 -1,536,594 539,127 0 266,711 46,699 203,593 -480,464 -81,672 -76,032 0 -25,233 -14,990 0 20,444 -177,482 -3,360 -1,312 -85,283 0 65,066 -24,889 -682,834 -23,093 1,027,732 321,804 Financial statements | Group cash flow Note: Quarterly figures are unaudited and year -to-date includes 100% of U.S. business’ sales for January and February ; Net working capital refers to inventories, trade receivables, contract assets, trade payables and contract liabilities
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31 Investor relations information EXCHANGE INFORMATION SHARE TRADING STATISTICS • TICKER SYMBOL: HPUR • ISIN: NO0010904923 • EXCHANGE: OSLO STOCK EXCHANGE NOK ~0.2bn MARKET CAPITALIZATION1 NOK ~7.1m DAILY TURNOVER2 INVESTOR BASE1 FINANCIAL CALENDAR INVESTOR RELATIONS CONTACTSEQUITY ANALYST COVERAGE MATHIAS MEIDELL DIRECTOR, INVESTOR RELATIONS E-MAIL: MATHIAS.MEIDELL@HEXAGONPURUS.COM DIRECT: +47 909 82 242 SALMAN ALAM CHIEF FINANCIAL OFFICER E-MAIL: SALMAN.ALAM@HEXAGONPURUS.COM DIRECT: +47 476 12 713 SEB ANDERS.ROSENLUND@SEB.NO SPAREBANK 1 MARKETS ANDREAS.GRIMSMO@SB1MARKETS.NO DANSKE BANK EJONE@DANSKEBANK.COM PARETO FABIAN.JORGENSEN@PARETOSEC.COM MARCUS.GAVELLI@PARETOSEC.COM ~5,009 SHAREHOLDERS ABG DANIEL.HAUGLAND@ABGSC.NO DNB HELENE.KVILHAUG.BRONDBO@DNB.NO ARCTIC DANIEL.STENSLET@ARCTIC.COM Note: 1) As of 30 September 2026; 2) Average daily turnover from 14 December 2020 to 30 September 2026; 3) Defined as total shares outstanding less shares owned by Hexagon Composites ASA & Mitsui & Co Ltd 51.6% FREE FLOAT3 2026 2027 Q3 2026 Q4 2027 20-Oct 9-Feb
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32 Top 20 shareholders Note: Shareholder register as per 30 September 2026 # SHAREHOLDER NUMBER OF SHARES HELD % OF SHARES OUTSTANDING 1 HEXAGON COMPOSITES ASA 14 821 421 34.6 % 2 CLEARSTREAM BANKING S.A. 10 662 277 24.9 % 3 Sumitomo Mitsui Trust Bank (U.S.A) 5 897 829 13.8 % 4 Worthington Industries Int S.a.r.l 1 636 460 3.8 % 5 FLAKK COMPOSITES AS 895 500 2.1 % 6 MP PENSJON PK 807 749 1.9 % 7 The Bank of New York Mellon SA/NV 734 143 1.7 % 8 Deutsche Bank Aktiengesellschaft 452 423 1.1 % 9 Nordnet Bank AB 377 281 0.9 % 10 BNP Paribas 300 000 0.7 % 11 The Bank of New York Mellon SA/NV 207 250 0.5 % 12 J.P. Morgan SE 170 000 0.4 % 13 Citibank Europe plc 169 578 0.4 % 14 UBS Switzerland AG 159 859 0.4 % 15 Saxo Bank A/S 158 429 0.4 % 16 Danske Bank A/S 136 707 0.3 % 17 Avanza Bank AB 133 201 0.3 % 18 BNP Paribas 125 406 0.3 % 19 Interactive Brokers LLC 102 326 0.2 % 20 Hongkong and Shanghai Banking Corp 101 580 0.2 % Top 20 shareholders 38 049 419 88.8 % Other shareholders 4 799 192 11.2 % Total number of shares outstanding 42 848 611 100,0 %