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Outlook We continue to expect �����˿����� to achieve a comparable revenue growth (excluding currency translation and portfolio effects) in a range of 10% to 12%. Profit margin before special items is expected between negative 1% and positive 1%. We expect a Net income of up to €1bn including impacts from disposals and the acceleration of the portfolio transformation.

Due to the good development in the first nine months, we now expect a positive Free cash flow pre tax in a range of €1.0bn to €1.5bn (previously up to €1.0bn). We continue to expect proceeds from disposals and the acceleration of the portfolio transformation of around positive €3.0bn. The outlook for �����˿����� does not include charges related to legal and regulatory matters.

Overall assumptions per business area

• Gas Services assumes a comparable revenue growth of negative 2% to 0% and a Profit margin before special items of 9% to 11%.
• Grid Technologies plans to achieve a comparable revenue growth of 32% to 34% and a Profit margin before special items between 8% and 10%.
• Transformation of Industry expects a comparable revenue growth of 14% to 16% and a Profit margin before special items of 5% to 7%.
• �����˿����� Gamesa assumes a comparable revenue growth of 10% to 12% and a negative Profit before special items of up to €2.0bn (previously around €2bn).

The financial publications can be downloaded at: /q3-fy2024. This document contains statements related to our future business and financial performance, and future events or developments involving �����˿����� that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. We may also make forward-looking statements in other reports, prospectuses, in presentations, in material delivered to shareholders, and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of �����˿�����´s management, of which many are beyond �����˿�����´s control. These are subject to a number of risks, uncertainties, and other factors, including, but not limited to, those described in disclosures, in particular in the chapter “Report on expected developments and associated material opportunities and risks” in the Annual Report. Should one or more of these risks or uncertainties materialize, should acts of force majeure, such as pandemics, occur, or should underlying expectations including future events occur at a later date or not at all, or should assumptions not be met, �����˿�����´s actual results, performance, or achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. �����˿����� neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This document includes supplemental financial measures – that are not clearly defined in the applicable financial reporting framework – and that are or may be alternative performance measures (nonGAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of �����˿�����´s net assets and financial position or results of operations as presented in accordance with the applicable financial reporting framework in its consolidated financial statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.