Slide 1: Sandvik to acquire the leading mine planning software company
SANDVIK TO ACQUIRE THE LEADING MINE PLANNING SOFTWARE COMPANY
Slide 2: Safety First
SAFETY FIRST Sandvik’s objective is zero harm to our people, the environment we work in, our customers and our suppliers. PROTECTIVE FIRST AID ALARM EQUIPMENT KIT EMERGENCY EMERGENCY ASSEMBLY NUMBER EXIT POINT PSYCHOLOGICAL HEALTH & SAFETY WELL-BEING 2
Slide 3: Strategy Execution
STRATEGY EXECUTION SHIFT TO GROWTH • Target of 2x market growth, organic and through acquisitions. DIGITAL • Expand the digital offering to SHIFT SEK 7.5 billion by 2025 WE MAKE • Lead automation, digitalization and THE SHIFT electrification Advancing the world through engineering • Drive sustainabi
Slide 4: World-leader in underground mining
WORLD-LEADER IN UNDERGROUND MINING SANDVIK ROCK SANDVIK MINING AND PROCESSING ROCK SOLUTIONS (SMR) SOLUTIONS (SRP) Mine Drilling & Rock Load & Material Mineral Exploration Comminution planning Blasting support Haul handling processing Parts & Services Present SMR focus areas Digital, Automation and
Slide 5: Deswik
DESWIK
Slide 6: #1 provider of mine planning software
#1 PROVIDER OF MINE PLANNING SOFTWARE Overview Geographic Presence • Leading mine planning software company established in 2008 • Provider of integrated software platform supporting mine digitalisation across all mine planning Matt Chilcott CEO Deswik • Subscriptions represent significant part of re
Slide 7: Leading software and services portfolio
LEADING SOFTWARE AND SERVICES PORTFOLIO SOFTWARE PRODUCTS Deswik.CAD Deswik.Sched Deswik.OPS Deswik.GeoTools Deswik.MDM Design & Solids Modelling Gantt Chart Scheduling Operations Planning and Control Operational Geology Mining Data Management A fully featured CAD engine Encompassing both rate and D
Slide 8: Strategic fit
STRATEGIC FIT SMR M&A Criteria Comments Expand software offering. Accelerate convergence of software and “digital mining” to enable full 1 FILLS end-to-end optimisation with opportunity to further drive automation for increased customer value A GAP and productivity FINANCIALLY Leading profitability
Slide 9: Strengthening our position as world-leader in underground mining
STRENGTHENING OUR POSITION AS WORLD-LEADER IN UNDERGROUND MINING SANDVIK ROCK SANDVIK MINING AND PROCESSING ROCK SOLUTIONS (SMR) SOLUTIONS (SRP) Mine Drilling & Rock Load & Material Mineral Exploration Comminution planning Blasting support Haul handling processing Parts & Services Present SMR focus
Slide 10: SMR strategy and new division
SMR STRATEGY AND NEW DIVISION
Slide 11: Strategic shifts for SMR
5 STRATEGIC SHIFTS FOR SMR FOCUS ON HIGH GROWTH • Target growth in gold and electrification metals UPSTREAM HARD ROCK • Secure leading market share in large greenfield and brownfield projects • Persue acquisitions to increase upstream mining coverage SHAPE THE SUSTAINABLE • Lead industry development
Slide 12: Shape the sustainable underground mine of the future
SHAPE THE SUSTAINABLE UNDERGROUND MINE OF THE FUTURE • Full range electric offering for underground loading & ELECTRIFICATION hauling and underground drilling • Autonomous mining operations through autonomous AUTOMATION and connected equipment • Unlock speed and efficiency with digital solutions acr
Slide 13: New Digital Mining Technologies division
NEW DIGITAL MINING TECHNOLOGIES DIVISION Deswik Automation Newtrax • Mine planning • AutoMine® • Collision avoidance and management Mining equipment • OptiMine® software and automation systems Production control consultation and optimization R&D Services and Tampere Test mine
Slide 14: Transaction overview & financial impact
TRANSACTION OVERVIEW & FINANCIAL IMPACT
Slide 15: Transaction overview
TRANSACTION OVERVIEW TRANSACTION • EV/EBITDA: 28-32x CONSIDERATIONS • Estimated closing: Expected to close Q1 2022, subject to customary regulatory approvals FINANCIAL • Financial profile: Underlying EBITA margin is slightly accretive to Sandvik Mining and IMPACT Rock Solutions and neutral to Sandvi
Slide 16: Q&A
Q&A 16