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Cargotec as an investment

Why invest in Cargotec?

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Cargotec is a technology leader with strong market positions in all our business areas Kalmar, Hiab and MacGregor. We have leading brands in markets with long term growth potential. Several megatrends support our businesses.

Our strategy breakthrough objectives are sustainability and profitable growth. Our vision is to become the global leader in sustainable cargo flow.

Outlook

Outlook for 2021, 28 July 2021

Cargotec reiterates its outlook published on 4 February 2021 and expects its comparable operating
profit for 2021 to improve from 2020 (EUR 227* million).

*The comparable operating profit has been specified from EUR 228 million to EUR 227 million. Additional information about the comparable operating profit definition is presented in the stock exchange release published on 29 March 2021.

Outlook for 2021, 28 April 2021

Cargotec reiterates its outlook published on 4 February 2021 and expects its comparable operating profit for 2021 to improve from 2020 (EUR 227* million).

*The comparable operating profit has been specified from EUR 228 million to EUR 227 million. Additional information about the comparable operating profit definition is presented in the stock exchange release published on 29 March 2021.

Outlook for 2021, 4 February 2021

Cargotec expects its comparable operating profit for 2021 to improve from 2020 (EUR 227* million).

Release 29 March 2021: Cargotec changed the definition of the alternative performance measure comparable operating profit and discloses figures in accordance with the new definition for the comparison period 2020.

As stated in the financial statements review 2020, Cargotec changed the definition of the alternative performance measure comparable operating profit starting from 1 January 2021 to align it with the definition used in the merger prospectus published on 3 December 2020. In addition to the items significantly affecting comparability, the restated comparable operating profit will also exclude the impacts of the purchase price allocation, which amounted to EUR 23 million in 2020. EUR 10 million of the items were related to Kalmar, EUR 2 million to Hiab and EUR 11 million to MacGregor.

*Comparable operating profit in accordance with the new definition published in the financial statements review on 4 February 2021 has been specified from EUR 228 million to EUR 227 million.

Year 2019

Outlook for 2019, 22 October 2019

Cargotec reiterates its outlook published on 8 February 2019 and expects its comparable operating profit for 2019 to improve from 2018 (EUR 242.1 million).

Outlook for 2019, 18 July 2019

Cargotec reiterates its outlook published on 8 February 2019 and expects its comparable operatingprofit for 2019 to improve from 2018 (EUR 242.1 million).

Outlook for 2019, 25 April 2019

Cargotec reiterates its outlook published on 8 February 2019 and expects its comparable operating profit for 2019 to improve from 2018 (EUR 242.1 million).

Outlook for 2019, 8 February 2019

Cargotec expects its comparable operating profit for 2019 to improve from 2018 (EUR 242.1 million).

New alternative performance measure – Comparable operating profit

Cargotec uses alternative performance measures (APMs) to better convey underlying business performance and to enhance comparability from period to period. Starting from 1 January 2019, Cargotec replaces the alternative performance measure of "operating profit excluding restructuring costs" with "comparable operating profit" for measuring business performance in the financial reporting. Comparable operating profit does not contain items significantly affecting comparability. In addition to restructuring costs, these items mainly include capital gains and losses, income and expenses related to business acquisitions and disposals, impairments of assets and reversals of impairments, insurance benefits, and expenses related to legal proceedings. Cargotec's comparable operating profit for 2018 is EUR 242.1 (2017: 258.6) million.

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