Sgl Carbon Se · XETR:SGL

Sgl Carbon — Investor Presentation (March 2016)

85 slides from Sgl Carbon's investor presentation, March 2016

1. Slide 1: Investor Relations Presentation March 2016

   Investor Relations Presentation March 2016

2. Slide 2: Table of Contents

   Table of Contents. Introduction to SGL Group’s Businesses Page 3 - Reporting Segment Composites - Fibers & Materials Page 5 - Reporting Segment Graphite Materials & Systems Page 19 - Reporting Segment Performance Products Page 28 - Technology & Innovation Page 38 Strategic Realignment Page 41 SGL Ex

3. Slide 3: Introduction to SGL Group's Businesses

   Introduction to SGL Group’s Businesses Page 3 | Investor Relations Presentation

4. Slide 4: Lean organization: three business units and four reporting segments

   Lean organization. Streamlined to three business units and four reporting segments Composites – Fibers & Graphite Materials & Performance Materials (CFM) Systems (GMS) Products (PP) PP carve out and strategic evaluation Includes Graphite based products Graphite electrodes in progress 51% SGL ACF and

5. Slide 5: Reporting Segment Composites – Fibers & Materials

   Reporting Segment Composites – Fibers & Materials (former name: Carbon Fibers & Materials) Page 5 | Investor Relations Presentation

6. Slide 6: Reporting Segment: Composites - Fibers & Materials (CFM)

   Reporting Segment: Composites - Fibers & Materials (CFM). Activities 2015 Group sales CFM sales – 2015  Carbon Fibers SGL ACF  Composite Materials CFM 19%  51% SGL ACF (JVs with 25% BMW) €1.3bn Carbon Fibers /  Ceramic Brake Discs Composite Materials  Automotive Composites 81% Key industries se

7. Slide 7: Only integrated European carbon fiber and composites producer

   SGL Group only integrated European carbon fiber and composites producer. Carbon Fibers & Composite Materials Composite Components Refocused on materials & automotive / other industrial components Raw Carbon Composite Material Fiber Materials PAN Carbon Prepreg Automotive & Precursor Fiber Preform ot

8. Slide 8: Our solutions serve key markets

   Our solutions serve key markets. Unique integrated value chain Markets Broad portfolio of high-performance products - Acrylic Fibers Acrylic Fibers Fibers - Oxidized Fibers - Carbon Fibers - Stretch Broken Yarn Automotive Production technologies along the fiber value chain - Woven Fabrics - Preforms

9. Slide 9: Composites in the Automotive Industry: BMW Group

   Our Composites in the Automotive Industry. Lightweight expertise for the BMW Group CFRP supply chain 1 2 3 4 5 Carbon Fiber Textiles and Composite BMW i3/ i8 Precursor Production Recycling Components Production - Japan - - USA - - Germany - - Germany - - Germany - BMW i3/i8 2 | Moses Lake Series 1 |

10. Slide 10: Composites in Automotive: integral part of material mix

    Our Composites in the Automotive Industry. Integral part of the material mix in series production Rear bench for performance sports cars  Structural Audi MSS (Modular Sportscar System) bodywork system Rear bench Audi  The rear bench of the body MSS work is made of carbon-fiber Platform reinforced

11. Slide 11: Leaf springs for suspension systems

    Our Composites in the Automotive Industry. Leaf springs for suspension systems Significant weight-savings through glass fiber based lightweight leaf spring Rear leaf spring Front leaf spring Prototype phase Serial production >100.000 pcs/a VW Crafter Steel 18kg Steel 17,5kg & vs. vs. GFRP 8kg GFRP 5

12. Slide 12: Leaf springs for suspension systems (Volvo XC90)

    Our Composites in the Automotive Industry. Leaf springs for suspension systems Significant weight-savings through glass fiber based lightweight leaf spring  Structural component for axle module, from simulation-assisted product design up to parts delivery in large series New Volvo  Fully automated

13. Slide 13: Next level of carbon fiber in automotive: BMW 7 series

    The next level of Carbon Fiber in Automotive. New BMW 7 series Significant weight-savings through lightweight chassis New BMW 7 Series Source: BMW Page 13 | Investor Relations Presentation

14. Slide 14: New hybrid materials with automated production systems

    New hybrid materials manufactured with automated production systems. Example B-Pillar Production system … Continuous Continuous Automated 1. Materials 2. Prepreg Production 3. Laminate Layup Prepregs Foil Adhesive film Automated Automated 4. Laminate layup 5. Forming & Pressing Final product Hybrid

15. Slide 15: Stringent CO2 emission restrictions globally

    Carbon in Automotive. Stringent CO2 emission restrictions globally CO2 emissions car fleet actual averages and targets [in g CO2 per km, normalized to NEDC*] Actuals Targets 200  Global approach to reduce CO2 emissions 150 2020 Japan: 122  Progressively more China: 117 comfort and safety features

16. Slide 16: EU CO2 targets require lightweight construction

    Example EU. CO2 reduction targets can only be achieved with lightweight construction OEM fleet target development (EU) Only achievable with lightweight [in g CO2/km] -23% ~20-25 ~ -21% ~20-25 ~ 123 123 95 ≤ 75 ~ 80 2014 2020 2025 Spalte1 2014 ICE* Lightweight Reachable actual target expectation actu

17. Slide 17: Lightweight materials offer weight advantages, especially CFRP

    Carbon in Automotive. Lightweight materials offer significant weight advantages – especially CFRP Relative component weight (with the same functionality) [in %] 100 -5 to -25% -40% 75 -15% -20% 50 -60% 25 0 Steel Lightweight Aluminum Magnesium CFRP quasi- CFRP steel isotropic unidirectional construc

18. Slide 18: Carbon fibers and composites: strong demand growth

    Carbon fibers and composite materials. Strong demand growth anticipated Global Carbon Fiber Reinforced Plastics (CFRP) Demand [in thousand mt p.a.] CAGR ~11% p.a. 175 140 91 101 83 66 72 51 59 41 2009 2010 2011 2012 2013 2014 2015e 2016e 2019e 2021e Source: CCeV (September 2015) Page 18 | Investor R

19. Slide 19: Reporting Segment Graphite Materials & Systems

    Reporting Segment Graphite Materials & Systems Page 19 | Investor Relations Presentation

20. Slide 20: Reporting Segment: Graphite Materials & Systems (GMS)

    Reporting Segment: Graphite Materials & Systems (GMS). Activities 2015 Group sales Key industries served  Anode materials  Energy –  Metallurgy  Isostatic Solar / Battery  Tool GMS  Fiber Materials  Semiconductor manufacturing 35% Extruded  LED  Automotive  €1.3bn  Die molded  High-  Ch

21. Slide 21: Best solutions for our customers

    Best solutions for our customers. We command the broadest graphite competence in the industry ... in the PV, Semiconductor, ... in the Battery and Energy ... in the Chemical Industry and LED Industry Storage Industry Systems & equipment (e.g. syntheses, Meander heat heater for CZ Anode exchangers) u

22. Slide 22: Integrated value chain and broad materials portfolio

    Integrated value chain and broad materials portfolio. Allow us to serve a wide range of industrial applications Full integration Most compre- Partnering with to ensure consis- hensive portfolio customers from tent quality in the industry >35 industries  Feedstock  Isostatic  Chemical  Machining

23. Slide 23: Specialty graphite materials required where others fail

    Specialty graphite materials required where other materials fail. Properties can be tailored to specific customer Mechanical requirements strength Thermal Resistance shock to high Main resistance temperatures properties of carbon and graphite Corrosion Purity resistance Electrical and thermal conduc

24. Slide 24: Production of specialty graphite is complex

    Production of specialty graphite is complex and requires up to six months. Coke & graphite Binder pitch Grinding Mixing Shaping Extruding, vibration / die molding, 4-5 months isostatic pressing 800- 1,200°C Pitch impregnating Carbonizing 2.500-3,000°C Graphitizing Finishing 2-4 Machining, purifying,

25. Slide 25: Process Technology

    Process Technology. Process solution provider for chemical and related industries Product portfolio Core industries served Systems  Chemicals  Syntheses  Pharma  Distillation, purification,  Metals & Mining concentration, dilution  Energy  Absorption, desorption  Solar  Reactors & converter

26. Slide 26: Graphite materials enable innovation

    Graphite materials enable innovation. Examples: Target approx. 1/3 of sales based on new products  Graphite anode material for lithium-ion batteries introduced over the last 4 years  Graphite foils and felts for stationary energy storage  3D filament wound susceptors for established semiconductor

27. Slide 27: GMS major customer industries and market shares 2015

    Graphite Materials & Systems. Major customer industries and market shares 2015 % of total Global market GMS sales 2015 share 2015 Chemicals 29% 35% Energy: Batteries & Nuclear 13% 35% Energy: Solar (including Polysilicon) 13% 15% Semiconductor (incl. LED) 8% 15% Metallurgical applications 8% 20% Too

28. Slide 28: Reporting Segment Performance Products

    Reporting Segment Performance Products Page 28 | Investor Relations Presentation

29. Slide 29: Reporting Segment: Performance Products (PP)

    Reporting Segment: Performance Products (PP). Activities 2015 Group sales PP sales - 2015  Graphite Electrodes (GE) Graphite  Cathodes Cathodes, Electrodes Furnace 70%  Furnace Linings €1.3bn Linings,  Carbon Electrodes PP Carbon 40% Electrodes 30% Key industries served Characteristics Strategic

30. Slide 30: Graphite Electrodes: steel production in EAFs

    Graphite Electrodes. Steel production in EAFs  Growth in steel production Worldwide steel production [in million t p.a.] 2000ff fuelled by 1400 infrastructure demand from emerging countries Blast furnace 1200 produces primary (integrated) steel based on iron ore  In recent years, Chinese steel Ele

31. Slide 31: Graphite Electrodes: essential consumable for electric steel

    Graphite Electrodes. Essential consumable for electric steel production Steelmaking in an electric arc furnace (EAF) Graphite electrode Section view through EAF Consumed after 5-8 hours Graphite Electrodes Furnace shell Molten steel 180 – 360 cm Eccentric bottom Rocker tilt tapping (EBT) Tilt cylind

32. Slide 32: Graphite Electrodes: production process

    Graphite Electrodes. Production process  Production process takes up to 3 months  Needle coke (key raw material) requirements sourced on basis of multiyear contracts Page 32 | Investor Relations Presentation

33. Slide 33: Graphite electrode market

    Graphite Electrodes. Graphite electrode market Capacity by competitor in 2015** – UHP / HP-quality [in tmt] Regional demand in 2015 250 200 North / Middle Europe / East, Africa CIS 11 % 24 % 150 Americas 100 19 % 50 Asia 46 % *Announcement on August 5, 2015: graphite electrode 0 capacity reduction b

34. Slide 34: Cathodes: participates in aluminum industry growth

    Cathodes. Participates in aluminum industry growth 75 Aluminum global production scenarios  Aluminum demand driven by:  Population growth and urbanization 70 2003 – 2020 67 mio. t Primary Aluminum Production [in mio. T p.a.]  Further industrialization of emerging 65 countries 60  Weight/strength

35. Slide 35: Cathodes: investment good for aluminum industry

    Cathodes. Investment good for the aluminum industry Aluminum smelter Cathodes Investment good (lifetime 5-7 years) 30 – 70 cm 2 30 – 3 50 cm 4 4 1 100 – 380 cm 4 Special Cathode Ramming Sidewall glue blocks pastes blocks Page 35 | Investor Relations Presentation

36. Slide 36: Cathodes: market shares

    Cathodes. Market shares in cathodes  Increasing cathode demand Market shares in cathodes 2015 due to new projects. CIS  High level of plant utilization 18% SGL  Prepared to supply all 32% regional growth markets  Balanced product portfolio enabling participation in all technological developments

37. Slide 37: Furnace linings and carbon electrodes provide cash flow

    Furnace linings and carbon electrodes. Provide cash flow for PP Furnace linings Carbon electrodes  Investment good (8-10 year replacement cycle)  Consumable  Used to line furnace walls in blast furnaces  Used in smelting processes of other  Co-leading supplier of furnace linings with full metal

38. Slide 38: Technology & Innovation

    Technology & Innovation Page 38 | Investor Relations Presentation

39. Slide 39: Technology & Innovation: foundation for profitable growth

    Technology & Innovation. Foundation for profitable growth Technology & Innovation: SGL Group’s centralized R&D organization  Market driven R&D ensures best-in-class support for current and future customers.  Industry networks with suppliers and customers are an essential part of our development st

40. Slide 40: Activity areas of T&I in 2015

    Technology & Innovation. Activity areas of T&I in 2015 Strengthen carbon fiber based value chain  Operate carbon fiber pilot line and improve carbon fiber production processes.  Develop new carbon fiber grades based on own precursor.  Develop new composite systems based on thermoplastic matrix as

41. Slide 41: Strategic Realignment

    Strategic Realignment Page 41 | Investor Relations Presentation

42. Slide 42: Transformation of SGL Group: clearly defined targets

    Transformation of SGL Group. Guided by clearly defined targets (Sept. 2014) Capital increase and Stop loss makers and Capex for selective Return on capital is refinancing of cash drainers by growth opportunities key management convertible bond restructuring or subject to minimum principle for strate

43. Slide 43: Cornerstones of strategic realignment

    How we want to achieve our targets. Cornerstones of strategic realignment ROCE* Generate shareholder 1) Right size return SGL2015 asset and portfolio restructuring 3 2) Improve performance SGL2015 organizational restructuring Minimum return on capital SGL Excellence savings 15% BU streamlining Proce

44. Slide 44: Strategic Repositioning

    Strategic Repositioning. Foundation for sustainable profitable growth Composites – Fibers Graphite Materials & Performance & Materials (CFM) Systems (GMS) Products (PP) Graphite electrodes Fibers and materials Graphite based Cathodes for composites technological solutions Furnace linings Carbon elec

45. Slide 45: PP: steel environment continues to be difficult

    PP: Steel environment continues to be difficult. Recent stabilization but no near term recovery Chinese steel exports 125  Chinese steel overcapacities exported overseas [in million tons] substantially reduced electric arc steel production in rest of world. 93  However, Chinese exports recently se

46. Slide 46: PP: current steel situation problematic for GE

    PP: Current global steel situation problematic for GE. However, long-term, there is value in the business Market position SGL Group in GE [2015 in kt, UHP and HP, Status March 2016]  Graphite electrodes are essential for the production of electric steel (steel scrap recycling). 250 *Announcement on

47. Slide 47: PP: broad product portfolio and carve out

    PP: Broad product portfolio. Carve out within PP carve out  Aside from graphite electrodes, PP also produces cathodes, PP sales split 2015 furnace linings and carbon electrodes.  Cathodes are required in aluminum production (investment good). 30% cathodes, Thanks to its low weight, demand for this

48. Slide 48: Status of the carve out project

    Status of the carve out project. We are well within our accelerated schedule  Last autumn we announced that we want to accelerate the PP carve out.  Today, we already have the legal and organizational concepts for the new structure of PP.  The agreement on the reconciliation of interests (“Intere

49. Slide 49: Growth strategy: build on competencies of CFM and GMS

    Growth strategy of SGL Group. Build on competencies of CFM and GMS Composites – Fibers Graphite Materials & Performance & Materials (CFM) Systems (GMS) Products (PP) Graphite electrodes Fibers and materials Graphite based Cathodes for composites technological solutions Furnace linings Carbon electro

50. Slide 50: CFM: Composite Specialist

    CFM: Composite Specialist. Solutions for future material mixes  CFM is an innovation leader for composites and possesses comprehensive competence for fibers, materials and applications.  CFM’s materials are stronger and lighter. They save energy where mass is in motion. As a lightweight specialist

51. Slide 51: CFM Example: strong position in automotive industry

    CFM Example: Strong position in the automotive industry. Transfer existing know how industry wide  Automobile manufacturers have to design lighter cars, driven by global regulations limiting CO2 emissions and the resulting trend towards alternative drive trains.  In Europe, car manufacturers could

52. Slide 52: CFM Example: expansion into aviation

    CFM Example: Expansion into other industries. Exploit material competence in aviation sector  CFM will transfer its lightweight competence from the automotive industry increasingly into the aviation sector with a new generation of industrial carbon fibers.  Our high tow carbon fibers provide bette

53. Slide 53: GMS: development partner for our customers

    GMS: Development partner for our customers. Graphite based solutions  GMS is the development partner – “enabler” – of our customers for graphite based advanced technological solutions.  Offering products and solutions to more than 35 industries, the business unit is grounded on a broad base. GMS h

54. Slide 54: GMS Example: energy supply as growth driver

    GMS Example: Energy supply as growth driver. Reinforcement of leading position  Our graphite solutions are used in energy applications. We participate in the rising usage of new battery generations.  Our graphite anode materials are employed in lithium-ion-batteries, among others for electric cars

55. Slide 55: GMS Example: digitization and graphite

    GMS Example: Digitization and graphite. LED and semiconductor industry drive demand  GMS specializes in surface coating technologies. These are required in equipment for manufacturing polysilicon, LEDs, and semiconductors.  Polysilicon demand for the semiconductor industry is expected to grow 11%

56. Slide 56: Summary: the course is set

    Summary: The course is set. We are pursuing a clear strategy  With the PP carve out we are creating the prerequisite for strategic options and a sustainable future for SGL Group and the business unit.  The carve out of the profitable business with cathodes, furnace linings, and carbon electrodes i

57. Slide 57: SGL Excellence, SGL2015, Business Process Excellence

    SGL Excellence SGL2015 Business Process Excellence Page 57 | Investor Relations Presentation

58. Slide 58: SGL Excellence drives efficiency and customer focus

    SGL Excellence. Drives efficiency and customer focus SGL X is more than savings: Innovation Excellence  started in 2002 New ideas and solutions for profitable growth  ongoing and company wide program  integral part of our culture Operational Excellence  continuously questioning the status quo Co

59. Slide 59: SGL Excellence savings since 2002

    SGL Excellence savings. Since 2002 continuous cost reduction of €353 million in total Annual Net Savings (€m) 55 25 27 28 26 27 25 21 23 23 24 16 15 18 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Page 59 | Investor Relations Presentation

60. Slide 60: SGL2015 cost savings program

    SGL2015 cost savings program. Target savings increased twice to €240 million Organizational Asset Portfolio Restructuring Restructuring Restructuring Simplify processes and Adjust asset base to changes Carbon fiber business: focus streamline management in market demand on materials competence struct

61. Slide 61: SGL2015 Organizational restructuring

    SGL2015. Organizational restructuring A Reducing personnel costs by streamlining corporate and service functions Board of Management -40%  Affecting approximately 300 jobs Upper Management -22%  Primarily at management levels Middle Management -14% Other Employees -14% B Substantial reduction in i

62. Slide 62: SGL2015 Asset restructuring

    SGL2015. Asset restructuring Adjusting production network to changed demand and market environment  Closure of Canadian facility in Lachute completed end Q1-2014  Reduced 30,000 t graphite electrode capacity  110 jobs cut  Discontinuation of our graphite electrode production in Italian facility

63. Slide 63: SGL2015 Portfolio restructuring

    SGL2015. Portfolio restructuring Focusing our business on core competencies and target return on capital  Disposal of unprofitable rotor blade activities  Turnover of €109 million and headcount of 339 (FY 2013)  Sale of loss-making aerostructures business of HITCO closed in December 2015  Turnov

64. Slide 64: Levers to improve ROCE

    Challenge. Levers to improve ROCE NEW ! Commercial Improve EBIT(DA): process ONGOING: SGL optimization  Increase price Excellence, Levers to improve ROCE SGL2015  Increase sales volume  Reduce costs (raw materials, indirect spend, …) EBIT(DA) ROCE = Reduce Working Capital (short term): Capital Em

65. Slide 65: Business Process Excellence (BPX)

    Business Process Excellence (BPX). Group wide program introduced in 2015  Target is to streamline and standardize cross-BU processes  Utilization of standardized IT solutions (SAP)  Initial focus on procurement, supply chain and sales processes  Procurement – ongoing procurement optimization pro

66. Slide 66: Latest Financials FY2015

    Latest Financials FY2015 Page 66 | Investor Relations Presentation

67. Slide 67: Carbon Fibers & Materials: positive earnings contribution

    Carbon Fibers & Materials. Positive earnings contribution for the first time in € million 2015 2014 Sales revenue 327.3 296.4 EBITDA before non-recurring charges* 30.0 -8.8 EBIT before non-recurring charges* 9.3 -22.5 EBIT-Margin before non-recurring charges* (in %) 2.8 -7.6 EBIT 8.8 -33.0  Sales r

68. Slide 68: Graphite Materials & Systems results

    Graphite Materials & Systems. Big ticket order in prior year impacts sales and EBIT development in € million 2015 2014 Sales revenue 453.5 440.4 EBITDA before non-recurring charges* 56.6 61.5 EBIT before non-recurring charges* 34.1 40.0 EBIT-Margin before non-recurring charges* (in %) 7.5 9.1 EBIT 2

69. Slide 69: Performance Products results

    Performance Products. Impacted by price and volume decline in graphite electrodes in € million 2015 2014 Sales revenue 533.4 588.2 EBITDA before non-recurring charges* 57.6 65.1 EBIT before non-recurring charges* 19.4 26.0 EBIT-Margin before non-recurring charges* (in %) 3.6 4.4 EBIT -132.5 5.6  Sa

70. Slide 70: T&I and Corporate

    T&I and Corporate. Strong improvement mainly due to SGL2015 in € million 2015 2014 Sales revenue 8.7 10.7 EBITDA before non-recurring charges* -23.1 -33.7 EBIT before non-recurring charges* -30.2 -40.8 EBIT -33.5 -59.9  Recurring EBIT improved by 25%  despite unchanged T&I costs  successful imple

71. Slide 71: Group: improved operational performance, high non-recurring effects

    Group. Improved operational performance overshadowed by high non-recurring effects in € million 2015 2014 Sales revenue 1,322.9 1,335.6 EBITDA before non-recurring charges 121.1 84.1 EBIT before non-recurring charges 32.6 2.7 Non-recurring charges -160.9 -51.2 EBIT -128.3 -48.5 Results from investme

72. Slide 72: Analysis of non-recurring effects

    Analysis of non-recurring effects. Excluding one-off effects related to GE and HITCO net loss only €47 million in € million 2015 2014 EBIT before non-recurring charges 32.6 2.7 Non-recurring charges -160.9 -51.2 - thereof restructuring (€73 million related GE measures, e.g. closure Griesheim) -82.0

73. Slide 73: Free cash flow

    Free cash flow. Positive excluding non recurring effects Continuing operations in € million* 2015 2014 Cash flow from operating activities -11.5 17.4 Capital expenditures in property, plant and equipment and intangible assets -74.9 -132.6 - thereof SGL ACF -10.8 -70.0 - thereof SGL Group excluding S

74. Slide 74: Balance sheet: sufficient liquidity despite deteriorated ratios

    Balance sheet. More than sufficient liquidity despite deteriorated ratios in € million 31.12.2015 31.12.2014 Total assets 1,856.1 2,170.3 Equity ratio (in %) 15.6 26.2 Total liquidity 250.8 347.5 Net financial debt 534.2 389.9 Gearing (net debt/equity) 1.85 0.69  Total assets declined mainly due to

75. Slide 75: Outlook

    Outlook Page 75 | Investor Relations Presentation

76. Slide 76: Composites – Fibers & Materials: new name, integrated strategy

    Composites – Fibers & Materials. New name for a new, integrated strategy  As of January 1, 2016, all carbon fiber related activities, i.e.  former BU Carbon Fibers & Composite Materials  our shares in SGL ACF (joint ventures with BMW Group)  our shares in CFM related At-equity joint ventures - m

77. Slide 77: Business unit outlook 2016

    Business unit outlook 2016. EBIT improvements in CFM and GMS will be overshadowed by deterioration in GE  Composites – Fibers & Materials (CFM): Stable sales and strong EBIT* improvement. Higher demand from automotive industry offset by crude oil based pricing of textile acrylic fibers business (no

78. Slide 78: Group outlook 2016

    Group outlook 2016. Group KPIs will be heavily impacted by GE performance  Full year Group sales slightly lower due to substantial decline in GE prices  Group recurring EBITDA* and EBIT*: substantial decrease solely due to negative EBIT* contribution from GE  Net result to improve due to lower re

79. Slide 79: 2016 negative free cash flow skewed to H1

    2016 negative free cash flow more than proportionately skewed to H1  Q1 typically shows a high working capital buildup plus scheduled payment to Avcorp (buyer of HITCO’s aerostructure activities) in January 2016  Operationally, free cash flow will start improving from Q2 onwards – partially offset

80. Slide 80: Appendix

    Appendix Page 80 | Investor Relations Presentation

81. Slide 81: Global presence

    Global presence 11 production sites 22 production sites 8 production sites North America Europe Asia * Page 81 | Investor Relations Presentation * Graphite electrode production facility in Frankfurt-Griesheim (Germany) to be permanently closed down in the course of 2016

82. Slide 82: Shares in issue and shareholder structure

    Shares in issue and shareholder structure. Basic shares Security Identification Number 723530 ISIN Number DE0007235301 Cusip Number 784 188 203 Number of Shares (as at February 29, 2016) 92,341,478 Free float ~ 37% Reported shareholdings according to §§ 21 f. WpHG SKion GmbH (Oct 15, 2014) 27.46% BM

83. Slide 83: Debt market instruments

    Debt market instruments. Corporate bond Convertible notes 2015/2020 Coupon 4.875% Coupon 3.5% Principal Amount € 250 million Principal Amount € 167 million Issue Date 12 December 2013 Conversion Price € 18.6451 Date of Maturity 15 January 2021 Conversion Right 8.96 million shares (as at February 29,

84. Slide 84: Financial calendar / contact details

    Financial calendar / contact details. Financial calendar 2016 Contact March 23, 2016 Annual Report 2015 SGL CARBON SE Soehnleinstrasse 8 May 12, 2016 Report on the first quarter 2016 65201 Wiesbaden Germany May 18, 2016 Annual General Meeting Phone +49 (0) 611 - 6029 - 103 August 11, 2016 Report on

85. Slide 85: Important note

    Important note. This presentation contains forward looking statements based on the information currently available to us and on our current projections and assumptions. By nature, forward looking statements are associated with known and unknown risks and uncertainties, as a consequence of which actu

SGL Carbon — Investor Presentation (March 2016) on 6ix