Slide 1: Full-year results 2022
Full-year results 2022 16 February 2023
Slide 2: Key figures 2022
Key figures 2022 Resilient business performance in a volatile market Revenues Leverage ratio € 4.2 bn +10% yoy 0.96x ROCE 19.2% Adj. EBITDA Free operating cash-flow € 1.2 bn -8% yoy € 344 m Revenue: Leverage ratio: all revenue elements less the value of the following purchased metals: Net financial
Slide 3: 2030 RISE
2030 RISE Net beneficiary of a changing world 2030 GROWTH Megatrends >100% Grow like Supporting our business model a start-up Revenues PROFIT Portfolio Synergetic, coherent, competitive >20% Create EBITDA value as an margin established RETURN company Purpose Sustainability at the core Writing the ne
Slide 4: Key milestones 2022
Key milestones 2022 Strong progress in executing 2030 RISE Customers & Contracts Strategic supply agreement with ACC JV with VW PowerCo MoU with VW PowerCo Mercedes-Benz honors Umicore on 46 GWh High Nickel CAM 164 GWh CAM in Europe for 40 GWh in North America AC with Supplier Award 2022 Technology
Slide 5: Key milestones 2022
Key milestones 2022 Strong progress in executing 2030 RISE Regional Value Chains & Manufacturing Footprint Production start of Europe’s first CAM Construction of Fuel Cell Catalyst LT supply agreement with Terrafame for MoU with Canadian Government to Gigafactory in Nysa (Poland) plant in Changshu (
Slide 6: Catalysis 2022 | Market context
Catalysis 2022 | Market context Subdued global car market over 2022 Annual global passenger car production (all ICE powertrains) • Continued global logistic disruptions, shortages of semi-conductors, COVID-19 resurgence (H1 in China) Millions 100 87,6 90 80 73,0 72,5 73,6 • Manufacturers reduced pro
Slide 7: Catalysis 2022 | Performance
Catalysis 2022 | Performance Revenues up 5%, adj. EBITDA margin at 23.6% Catalysis revenues (€ m) 1.687 1.776 1.750 1.460 1.500 1.360 1.364 Record performance, margins well above historical levels 1.250 780 879 1.000 652 743 794 750 Automotive Catalysts 500 908 897 • Outperformed global car market,
Slide 8: E&ST 2022 | Market context
E&ST 2022 | Market context EV sales reached 10% of global new vehicles sales in 2022 • Mobility transformation – rapid acceleration continues • Regulatory push: EU zero-CO2 target in 2035 and US Inflation Reduction Act • Higher customer demand for EVs • Car OEMs commit to significant investments to
Slide 9: CAM Capacity Development
CAM Capacity Development Structural CAM undersupply European addressable CAM market supply & demand balance (GWh, excl. LFP) 1049 • 2022 - 2030 – NMC pCAM and CAM manufacturing 648 capacity in EU & N-A insufficient to cover local demand -28% • Supply gap to be only temporarily bridged from Asia: -73
Slide 10: E&ST 2022 | Performance
E&ST 2022 | Performance Revenues (€ m) Revenues +28%, adj. EBITDA margin at 22.3% 1.289 1.225 1.278 1.250 1.174 1.045 1.001 Higher revenues and earnings in RBM and CSM 1.000 639 618 580 646 750 488 504 500 Rechargeable Battery Materials 650 631 250 607 557 594 498 • As anticipated, sales volumes of
Slide 11: Recycling 2022 | Performance
Recycling 2022 | Performance Stable revenues, adj. EBITDA margin at 48.1% Revenues (€ m) 1.250 1.108 1.107 1.000 836 Excellent operational performance, tempered by inflation 681 457 569 750 626 headwinds and a less favorable precious metal price environment 396 500 300 368 250 652 537 327 313 440 Pr
Slide 12: Guidance for full year 2023
Guidance for full year 2023 CATALYSIS E&ST RECYCLING Automotive Catalysts is expected In Energy & Surface Technologies, In Recycling, the Precious Metals to benefit from its strong market it is expected that the earnings of the Refining business unit is expected to position in gasoline catalyst Rech
Slide 13: Q&A Full-year results 2022
:; umicore materials fr a better life Q&A FULL-YEAR RESULTS 2022