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૭ EWORK GROUP Interim Report | Q1 January - March 2021 Pronounced recovery continues Ework started 2021 by continuing its pronounced recovery in the first quarter . Positive sales performance , reduced expenses and greater efficiency in our business enabled EBIT of SEK 27.6 M. These earnings are close to the previous year's level despite lower revenue for pandemic- related reasons . Zoran Covic , CEO First quarter of 2021 compared to 2020 ⚫ Net sales down by 7 % to SEK 3,165 M ( 3,413 ) . ⚫ EBIT decreased by 3 % to SEK 27.6 M ( 28.5 ) . ⚫ Profit after financial items rose by 4 % to SEK 28.6 M ( 27.5 ) . ⚫ Order intake down by 10 % to SEK 3,991 M ( 4,426 ) . • Earnings per share after tax before and after dilution were SEK 1.29 ( 1.30 ) . • Earnings were charged with SEK 3.1 M of expenses for organisational changes . ⚫ The Polish operation started reporting as an independent segment . ⚫ The market continued its recovery , with the demand for consulting services increasing quarter on quarter . ⚫ The company's view that sales and earnings can grow in 2021 was reinforced in the quarter . Net sales and operating profit SEK M 4,000 40 3,000 2,000 1,000 Quarter 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2017 2018 2020 2021 2019 Net sales ( left ) Operating profit ― ( right ) Quarterly order intake SEK M 7,000 6,000 30 5,000 4,000 20 3,000 2,000 10 1,000 17 18 19 20 21 Q1 17 18 19 20 Q2 17 18 19 20 Q3 17 18 19 20 Q4 INTERIM REPORT Q1 - 2021 | EWORK | 1