Page 1

04 20 YEAR - END REPORT , 1 JANUARY - 31 DECEMBER 2020 Market remains weak Total income Q4 : SEK 165.7 ( 317.6 ) million 12 months : SEK 1,025.8 ( 1,140.2 ) million ■ EBITDA Q4 : SEK -4.6 ( 62.3 ) million 12 months : SEK 277.8 ( 249.5 ) million ■ Result before tax Q4 : SEK -86.5 ( -29.3 ) million 12 months : SEK -65.1 ( -102.3 ) million ■ Result per share after tax Q4 : SEK -1.83 ( -0.62 ) 12 months : SEK -1.38 ( -2.15 ) Key figures Total income , SEK million EBITDA , SEK million EBITDA , USD million Operating result , SEK million Result before tax , SEK million Result after tax , SEK million Equity ratio , % Return on equity , % Available liquid funds , including unutilised credit facilities , SEK million Result per share after tax , SEK Equity per share , SEK Lost - time injuries Events in the fourth quarter ■ Two scheduled drydockings completed ■ Financing of installation of ballast water management system and refinancing of credit facility ■ The Board proposes to the AGM a dividend of SEK 0 ( 0 ) per share ■ Martin Nerfeldt new CFO and member of Group management Q4 ( Oct - Dec ) 2020 165.7 -4.6 0.1¹ -59.9 -86.5 -87.4 28 -6 CONCORDIA MARITIME 378.0 -1.83 16.66 1 2019 317.6 62.3 6.5 -3.3 -29.3 -29.5 29 -1 ? 354.8 -0.62 22.12 0 Full year 2020 2019 1,025.8 1,140.2 277.8 249.5 30.2 26.4 32.6 -65.1 -66.0 28 -0.4 -102.3 -102.6 29 -6 -9 378.0 - 1.38 16.66 2 354.8 -2.15 22.12 1 1 ) EBITDA in USD for the quarter was USD 0.1 million . The conversion into SEK is negative as the USD - SEK exchange rate has changed from 8.96 to 8.23 during the quarter . Consequently , EBITDA in SEK is negative for the quarter . Accounting policies , see page 18. Definitions : see page 16 .