Presentation of the Year-end report

Martin Lindqvist, President & CEO Leena Craelius, CFO

Jan 28, 2022

Agenda

Summary of 2021 Financials

Accelerated Nordic transformation

Outlook and summary Q&A

2

Summary of 2021

3

A historical year for SSAB

Solid internal performance in a strong market

Record earnings

Improved safety performance

High and stable production

First in fossil-free steel

  • Operating profit of SEK 18.8bn
  • Net cash flow of SEK 12.4bn
  • Debt free with net cash position
  • Board proposes dividend of SEK 5.25 per share

-51%

Successful ramp-up after

3.7

challenging 2020

Record output in several

1.8

production lines

LTIF

We managed the Covid-19

problems as well as transport

2020

2021

capacity shortages

  • First fossil-free products produced and delivered to Volvo Group
  • A number of strategic agreements with customers
  • Strategic decision to plan for faster transformation

4

Strategic targets - on track

SSAB Special Steels

Shipments

1.60

(million

1.46

tonnes)

2021

2023

SSAB Europe

SSAB Services

SSAB Americas

Sales

4.5

Premium share

(SEK billion)

34% (2021)

2.4

3.0

Organic

1.5

Acquistions

39%

2021

2023

(2023)

SSAB Europe

SSAB Europe - supported by Tibnor

and Ruukki Construction

Premium share

43% (2021)

46% (2023)

Shipments

Automotive

(ktonne)

AHSS

649

800

2021

2023

Premium

907

900

2021

2023

Market share in the Nordics

(over time)

40-45%

41% in 2021*

5 *Preliminary figure

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SSAB AB published this content on 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 18:42:02 UTC.