Slide 1: Cambi ASA SEB meeting
Cambi ASA SEB meeting Mats Tristan Tjemsland, CFO 9 September 2026
Slide 2: Cambi offers a strong value proposition
Cambi offers a strong value proposition Global leader in wastewater sludge treatment solutions with solid track record Robust financial performance Proven thermal hydrolysis enabling shareholder dividends technology with unique value proposition Scalable business platform Strongly positioned in posi
Slide 3: By 2050, world population will increase by +1.5 billion people
By 2050, world population will increase by +1.5 billion people Source: UN World Population Prospects 2024 3
Slide 4: Almost 60% of the world's population live in urban areas today
Almost 60% of the world’s population live in urban areas today 70% share of the world population to live in urban areas by 2050 Source: World Economic Forum, 2022
Slide 5: Sanitation remains a key concern for health and quality of life
Sanitation remains a key concern for health and quality of life in many countries 40% of wastewater is not treated Source: UN Water Progress on Wastewater Treatment – 2024 Update (SDG 6, target 6.3, indicator 6.3.1)
Slide 6: Wastewater treatment is a unique circular opportunity
Wastewater treatment is a unique circular opportunity Treated properly, wastewater can: Provide Supply water for Offset over 10% alternative re-use 10x today’s of global mined energy to half a global desalination phosphorus billion people capacity (fertiliser) use Source: “Wastewater - Turning Probl
Slide 7: Enabling a more sustainable water sector through the thermal hydrolysis process
Enabling a more sustainable water sector through the thermal hydrolysis process Cambi’s thermal hydrolysis process (THP) transforms wastewater sludge and other large organic waste streams into valuable bioresources Image: Cambi THP plant in operation for Hampton Road Sanitation District (HRSD) at th
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Slide 9: Cambi THP offers a highly attractive value proposition
Cambi THP offers a highly attractive value proposition Cambi THP for sludge treatment Economic impact Environmental impact Biosolids reduction up to 50% High-quality biosolids Robust to regulatory changes Biogas yield increase up to 50% Digestion efficiency 3x increase Low carbon footprint 9
Slide 10: Standardised and modular technology solutions for any customer need
Standardised and modular technology solutions for any customer need Portfolio of standardised products B2 B4/B6 B12 Small projects Medium to large projects Extra large projects 50-250 thousand people From 250 thousand people From 1 million people equivalent equivalent equivalent 10
Slide 11: 35 years of experience. Serving daily 121 million people
35 years of experience. Serving daily 121 million people million people 2024: Revenue Accumulated THP capacity installed of NOK 1 billion 130 Million people equivalent 120 2021: IPO 110 2017: Acquisition of 100 Grønn Vekst 90 80 2013: Acquisition of 70 UK production facility 60 50 40 2011:
Slide 12: Two business segments
Two business segments Revenue development per segment NOK million 1,068 Technology 1,033 Technology 977 Sales, R&D, Services manufacturing and delivery Grønn Vekst of wastewater treatment solids line technology 740 777 733 458 440 Solutions 268 269 Value-adding services of the 125 151 126 installed
Slide 13: NOK 450 million distributed dividends since listing in 2021
NOK 450 million distributed dividends since listing in 2021 Dividends paid per share, per FY Dividends paid, per FY NOK NOK million Ordinary dividend 1.60 500 Extraordinary dividend 450 Accumulated dividend 400 payments since the IPO 0.60 350 300 256 250 0.75 200 96 150 120 1.00 0.30 100 160 48 0.15
Slide 14: Increasing order backlog and opportunity pipeline
Increasing order backlog and opportunity pipeline Order backlog development Opportunity pipeline of THP projects In # of leads 14% CAGR 14
Slide 15: Cambi offers a strong value proposition
Cambi offers a strong value proposition Global leader in wastewater sludge treatment solutions with solid track record Robust financial performance Proven thermal hydrolysis enabling shareholder dividends technology with unique value proposition Scalable business platform Strongly positioned in posi
Slide 16: Thank you!
Thank you!