Slide 1: Our Know-How for Your Safety – Q4 2025 Highlights
OUR KNOW-HOW FOR YOUR SAFETY Nabaltec – a leading supplier of environmentally friendly flame retardant fillers and specialty aluminas Q4 2025 Highlights 30 April 2026
Slide 2: The company in brief
The company in brief REVENUES 2025 EBIT 2025 EBIT margin 2025 (from the total performance) EUR 197.0 MILLION EUR 15.2 MILLION 7,7 % SECTOR EMPLOYEES 2025 PRODUCTION EXPORT- SITES RATIO 2025 CHEMICAL INDUSTRY 509 3 % 76.7 EXPORT- RATIO 2025 ABOUT 800 CUSTOMERS IN BUSINESS SINCE 76.7% ABOUT 50 DISTRIB
Slide 3: Product Segments
Product Segments Product segments Functional Fillers Specialty Aluminas 2025 2025 Revenue EUR 144.1 million EUR 53.0 million EBIT margin 10.4% 0.3% Percentage of 72% 28% total revenue Ground hydroxides Oxides Viscosity optimized hydroxides Reactive aluminas Product ranges Fine precipitated hydroxide
Slide 4: Market segments "Functional Fillers" 2025
Market segments “Functional Fillers“ 2025 Application examples: E&E ▪ HV-/MV-/LV-cables Others ▪ Data cables ▪ Automotive cables Battery ▪ Wind turbine and PV cables 2% Wire & Cable ▪ E-vehicle charging cables 8% ▪ Separator films 12% ▪ Electronic housings and switches 56% ▪ Printed circuit boards 2
Slide 5: Market segments "Specialty Aluminas" 2025
Market segments “Specialty Aluminas“ 2025 Application examples: Polishing Adsorbents & Catalysts ▪ Furnace linings ▪ Wear and tear protection E&E ▪ Ballistic ceramics Refractory 9% 9% ▪ Seals 7% 46% ▪ High-voltage insulators 4% Others ▪ Catalysts 25% ▪ Ceramic filters ▪ Polishing materials Technical
Slide 6: Nabaltec Q4 2025 Highlights
Nabaltec Q4 2025 Highlights Revenue EUR 41.9 million (-7.7% yoy) ▪ Revenue decreased by 7.7% in the fourth quarter 2025 compared to the same quarter of the previous year. EBIT EUR 1.2 million (-78.3% yoy) ▪ EBIT margin of 2.8% significantly below the previous year’s figure. A sharper than expected d
Slide 7: Nabaltec Q4 2025 Functional Fillers
Nabaltec Q4 2025 Functional Fillers Revenues (EURm) Revenue in the “Functional Fillers” product segment decreased by 10.5% yoy. An unexpected decline of 9.1% in -10.5% our most important product area, fine hydroxides, was the 34.0 40.3 38.1 35.2 30.4 (yoy) main reason for this revenue development in
Slide 8: Nabaltec Q4 2025 Specialty Aluminas
Nabaltec Q4 2025 Specialty Aluminas Revenues (EURm) Revenue in the “Specialty Aluminas” product segment 0.6% slightly increased by 0.6% compared to the previous year. (yoy) 11.5 14.4 13.6 13.4 11.5 We assume that the bottom has been reached in this segment. Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 EBIT (EURm)
Slide 9: Profit & Loss Statement Nabaltec Group
Profit & Loss Statement Nabaltec Group in EUR million 2025 2024 Change Revenues 197.0 203.6 -3.2% ▪ Revenues below the previous year, due to persistently weak demand. Average Total Performance 197.4 206.8 -4.6% sales price in 2025 nearly on the level of last year. Export ratio at 76.7%. Gross Profit
Slide 10: Balance Sheet Nabaltec Group
Balance Sheet Nabaltec Group in EUR million 12/31/25 12/31/24 Change Intangible assets 1.6 1.5 7.2% ▪ Intangible assets and property, plant and equipment increased due to CAPEX program Property, plant and equipment 150.5 140.0 7.5% in 2025. Other non-current assets 0.3 15.6 -97.9% ▪ Other non-curren
Slide 11: Cash Flow Statement Nabaltec Group
Cash Flow Statement Nabaltec Group in EUR million 2025 2024 Change Net operating income 26.8 34.2 -21.7% (before changes in working capital) ▪ The decline in net operating income and above all changes in working capital had a negative impact on cash flow from +/- Working capital -4.9 5.8 operating a
Slide 12: Preliminary figures Q1 2026
Preliminary figures Q1 2026 Revenue EUR 53.2 million (-2.7% yoy) ▪ Q1 revenue of EUR 53.2 million is slightly below the prior year, reflecting a continued challenging market environment across both segments. ▪ EBIT margin of 5.2% in Q1 2026, is impacted by EBIT EUR 2.7 million (-33.8% yoy) higher en
Slide 13: Outlook 2026
Outlook 2026* ▪ The demand in 2026 will continue to be characterized by short-termism and high volatility. ▪ Despite the economic and industry-specific environment, the company expects revenues growth in 2026 to be in the range of 4% to 6% compared to the previous year (2025: EUR 197.0 million). ▪ O
Slide 14: Financial calendar
Financial calendar 12. May 2026 German Spring Conference 2026 21. May 2026 Publication Quarterly Financial Report (call-date Q1) 21. May 2026 Earnings Call: Q1 2026 Highlights 24. June 2026 Annual General Meeting 20. August 2026 Publication Half-yearly Financial Statements 20. August 2026 Earnings C
Slide 15: Contact
Kontakt Contact Johannes Heckmann (CEO) Günther Spitzer (CFO) Nabaltec AG Alustraße 50 – - 52 52 92421 Schwandorf Deutschland Germany Telefon:++49 Phone: 49 9431 9431 53-202 53-202 Fax: + +49 499431 943153-260 53-260 E-Mail: InvestorRelations@nabaltec.de 15 Version 30 April Version 21. 2026 2024 Nov
Slide 16: Our know-how for your safety
Our know-how for your safety The entire content of this presentation is copyrighted by Nabaltec AG. The content of this presentation may not be modified without the express written permission of Nabaltec AG. Business partners of Nabaltec AG may download, reproduce and distribute for their Nabaltec r