AAK

April 23, 2021

AAK’s Interim report for the first quarter 2021 – continued earnings growth in a time of volatility and uncertainty

AAK Group · Total volumes for the quarter were on par with last year and amounted to 569,000 MT (569,000). · Operating profit, including a negative currency translation impact of SEK 57 million, increased by 2 percent, reaching SEK 551 million (542). · Profit for the period amounted to SEK 400 million (383), an increase by 4 percent. · Earnings per share increased by 4 percent, to SEK 1.56 (1.50). · Cash flow from operating activities amounted to SEK 58 million (71). · Return on Capital Employed (ROCE), R12M, was 14.4 percent (14.3 at December 31, 2020). Business