Tietoevry Strategic Update

Tietoevry Transform Enterprise IT services for select customers Business highlights Revenue EUR 121.2 million, at Q1'21 level Adjusted EBITA** EUR 10.3 (13.1) million, 8.5% (10.8%) Healthy growth in Industry & Forest segment Organic growth* 0% Adj. EBITA** 8.5% (down 2.3%) Decline in Retail & Financial Services and Telecom & Consumer segments, impacted by annual price discounts, taking effect in Q1'22 121 119 122 121 105 Profitability impacted by the combination of flat growth and high inflation 10.8% 10.0% 8.8% 7.9% 8.5% Strong book-to-bill and order backlog +7% Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 In Q2'22, adjusted operating margin anticipated to be below Q2'21 level Adj. EBITA % Revenue f. tietoevry Adjusted for currency effects, acquisitions and divestments * Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability 24

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