SSAB Investor Presentation — October 2022

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Martin Lindqvist, President & CEO

►Outlook and summary

3Highlights in the third quarter

4► Operating profit exceeded last year ► SSAB Special Steels reached record

operating profit (SEK m)

► Improved safety performance

(LTIF, r12m)► Strong balance sheet

(net cash, SEK bn)536352349952,411

Q3/19 Q3/18 Q3/22 Q3/20 Q3/211,600300

Q3/19 Q3/18 Q3/20 Q3/21 Q3/22

Q3/18 Q3/19 Q3/21 Q3/20 Q3/22-10.2-11.4-12.9-3.48.7

Q3/22 Q3/18 Q3/19 Q3/20 Q3/21Record earnings for SSAB Special Steels

5►Unique global sales organization with

►Leading product offering

►Driving market growth by developing

Q3/20 Q3/18 Q3/19 Q3/22 Q3/21

Diversified sales Q&T main product area

Share of revenue, first 9 months of 2022 Share of shipments, first 9 months of 2022EBIT

28.6%Operating profit, SEK m

20%Good demand for SSAB Americas

6►Plate price has decreased but remain at

►Good demand in several segments

►Infrastructure bill and energy demand

could be positive for plate demand over

the next few yearsChange in realized prices, y/yOperating profit, SEK million

Q3/22 Q3/20 Q3/213,036

36.6%Weaker market for SSAB Europe

7►Weaker demand and low shipments in

►Production adjusted for construction

►Reduced capacity in Q4 –maintenance

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