5 sectors currently above pre-crisis TSR levels; 6 sectors with significant share1 of companies with >15% default risk

This slide categorizes various industries into three groups (Healthier, Pressured, Vulnerable) based on TSR performance and net debt/enterprise value. Each category is represented by a bar graph comparing TSR performance from before and during COVID-19, alongside a table listing companies with a probability of default. The slide uses color coding to distinguish between the categories, providing a clear visual differentiation of industry risk levels, making it easier to assess the financial health and risk profiles of sectors.