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Nordic Iron Ore Interim January - March 2021 Corporate Identity Number 556756-0940 Q1 - Interim Report January – March 2021 Significant events during the first quarter 2021 The company received approx . SEK 15 million in short term financing . First quarter , 1 January - 31 March 2021 Income amounted to SEK 0 million ( 0 ) • Earnings after tax amounted to SEK -2.7 million ( -2.5 ) • Nordic Iron Ore Investments during the period January – March totalled SEK 2.0 million ( 0.4 ) Basic earnings per share were SEK -0.08 ( -0.08 ) Cash as per 31 March 2021 amounted to 8.1 million ( 7.5 ) Significant events after the end of the period • The company decided to postpone the Annual General Meeting until the end of June Key ratios ( Group ) Amounts in SEK The Group Equity ratio ( % ) Earnings per share Equity per share Quick ratio ( % ) No. of shares 2021 Jan - Mar 2020 Jan - Mar 2020 Jan - Dec 88,93 % 90,93 % 93,2 % -0,08 -0,08 -0,29 4,50 4,82 4,58 52,68 % 65,50 % 64,1 % 33 582 993 30 369 470 33 582 993 Nordic Iron Ore AB is a mining development company that aims to resume and develop iron ore production at Ludvika Mines in Blötberget and Håksberg . The Company has all the essential permits in place , which will enable it to produce iron ore of extremely high quality from significant mineral resources . 1