SSAB Investor Presentation — January 2022

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Martin Lindqvist, President & CEO

►Outlook and summary

3A historical year for SSAB

Solid internal performance in a strong market

4Record earnings High and stable production Improved safety performance First in fossil -free steel

2020 2021LTIF-51% ►Successful ramp -up after

►Record output in several

►We managed the Covid -19

problems as well as transport

capacity shortages►Operating profit of SEK 18.8bn

►Net cash flow of SEK 12.4bn

►Debt free with net cash

►Board proposes dividend of

SEK 5.25 per share►First fossil -free products

produced and delivered to Volvo

►A number of strategic

agreements with customers

►Strategic decision to plan for

faster transformation

SSAB AmericasStrategic targets –on track

SSAB Europe –supported by Tibnor

and Ruukki ConstructionSSAB Europe

AHSSPremium Shipments

(ktonne )SSAB Special Steels

2023 2021SSAB Services

2021 2023Acquistions2.4

40-45%Market share in the Nordics

(over time )34% (2021)

46% (2023) 41% in 2021*649800

*Preliminary figureRecord earnings for all divisions

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