2nd Quarter 2020 results l Lars Christian Bacher Chief Financial Officer 24 July 2020 Second quarter 2020 - Financial result impacted by Covid-19 and very low commodity prices Strong trading results, capturing significant value in volatile markets Solid operational performance and cost reductions - - After tax result positively impacted by temporary changes in Norwegian offshore tax regime - Contract awards and framework agreements for NOK >10 billion to suppliers in Norway since start of Q2 - Net debt rati ...