The TOMRA Transformation Journey

Currency risk and hedging policy Measured against NOK 110 105 100 95 90 *Average 1Q22 vs 1Q21 10% change in NOK towards other currencies will impact: Revenues Expenses EBITA USD/NOK +3.9%* EUR* 4.5% 4.0% 7.0% USD 3.5% 2.5% 8.0% OTHER² 2.0% 3.0% -4.0% EUR/NOK -3.3%* ALL 10.0% 9.5% 11.0% 1Q21 85 2Q21 3Q21 4Q21 1Q22 EUR USD HEDGING POLICY Revenues and expenses per currency: CASHFLOW AND P/L EUR¹ USD NOK OTHER² TOTAL Revenues 45% 35% 0% 20% 100% Expenses 40% 25% 5% 30% 100% Assets and liabilities per currency: EUR¹ USD NOK OTHER² TOTAL Assets 45 % 15% 10% 30% 100% Liabilities 55 % 15% 10% 20% 100% B/S TOMRA can hedge up to one year of future predicted cash flows. Gains and losses on these hedges are recorded at the finance line, not influencing EBITA TOMRA only hedges B/S items where exchange rate fluctuations could have P/L impact. Gains and losses on B/S hedging are recorded in accordance with IAS 21 and will normally not have P/L impact 1 EUR includes DKK ² Most important: AUD, NZD, RMB, CAD, SEK, GBP and JPY NOTE: Estimated and rounded figures TOMRA 70

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