Wienerberger Ag · VIE:WIE
Wienerberger — Investor Day (February 2026)
154 slides from Wienerberger's investor day presentation, Feb 24, 2026
Slide 1: Our Next Growth Chapter – Capital Markets Day 2026
OUR NEXT GROWTH CHAPTER wienerberger Capital Markets Day 2026 1
Slide 2: wienerberger at a glance
wienerberger at a glance 2
Slide 3: Welcome to the world of wienerberger
WIENERBERGER AT A GLANCE 28 countries Welcome to the > 200 production world of wienerberger sites Our Vision Innovative and ecological solutions for a better future. € 4.6 bn revenues (2025) > 20.000 employees 3
Slide 4: Together for a better future!
WIENERBERGER AT A GLANCE Together for a better future! wienerberger is one of the leading providers of innovative and ecological solutions for the entire building envelope in new build and renovation, as well as piping solutions for infrastructure in water and energy management. We focus on organic
Slide 5: The wienerberger Equity Story
WIENERBERGER AT A GLANCE Innovation The wienerberger Equity Story Why invest in wienerberger? Strong commitment to ESG through innovative, Operational ecological solutions for today and tomorrow excellence Stable earnings growth for shareholders through innovation, continuous efficiency-enhancing me
Slide 6: wienerberger Sustainability Program 2023–2026
WIENERBERGER AT A GLANCE wienerberger Sustainability Program 2023–2026 Sustainability has always been an integral part of wienerberger's corporate strategy. Our commitment to a future worth living and a healthy planet is reflected in our comprehensive three-year Sustainability Program. The Sustainab
Slide 7: Social and environmental targets 2026
WIENERBERGER AT A GLANCE SOCIAL TARGETS 2026 AA Diversity &Incusion. Development and implementation ofinlusion and avery action plan inall counties (@023~ 2026) Every ation pan will include an equal payand ‘equal opportunity policy cr Health & Safety 20,000 Visible leade'ship hours per year (@023- 2
Slide 8: Wienerberger today: track record
WIENERBERGER AT A GLANCE WIENERBERGER TODAY: TRACK RECORD REVENUES OPERATING EBITDA € 4.6 bn € 754 mn FREE CASH FLOW GROWTH CAPEX AND M&A € 474 mn > € 157 mn 8
Slide 9: 2025: Four years of crisis. Four years of outperformance.
2025: Four years of crisis. Four years of outperformance. 9
Slide 10: Four years of crisis
2025: FOUR YEARS OF CRISIS. FOUR YEARS OF OUTPERFORMANCE. 2025: FOUR YEARS OF CRISIS 4th year of 4th year of 4th year of new No recession war residential structural housing recovery decline 10
Slide 11: Wienerberger delivered growth despite headwinds
2025: FOUR YEARS OF CRISIS. FOUR YEARS OF OUTPERFORMANCE. 2025: WIENERBEGER DELIVERED GROWTH DESPITE HEADWINDS In one of the most PROFIT AFTER TAX 2025 EARNINGS PER SHARE 2025 CASH FLOW 2025 challenging market environments in decades, wienerberger € 168 mn 2024: € 84 mn € 1.52 2024: € 0.72 € 474 mn
Slide 12: This is not market-driven growth
2025: FOUR YEARS OF CRISIS. FOUR YEARS OF OUTPERFORMANCE. THIS PERFORMANCE PROVES ONE THING VERY CLEARLY wienerberger is able to increase profitability This is not This is This is and earnings even market-driven operational structural in structurally weak markets. growth. strength. resilience. 12
Slide 13: Strong foundation for future growth
Strong foundation for future growth 13
Slide 14: A transformed portfolio creating a scalable growth platform
STRONG FOUNDATION FOR FUTURE GROWTH A transformed portfolio creating a scalable growth platform Over the past decade, we executed a disciplined strategy to broaden our product and solutions by entering the renovation and the infrastructure market Today more than 50% of revenues come from acquired bu
Slide 15: Building a solution business through organic growth and M&A
STRONG FOUNDATION FOR FUTURE GROWTH ADDITIONALLY WE BUILT UP A SOLUTION BUSINESS THROUGH ORGANIC GROWTH AND M&A 15
Slide 16: Increase of system solutions share of revenues
STRONG FOUNDATION FOR FUTURE GROWTH INCREASE OF SYSTEM SOLUTIONS SHARE OF REVENUES PER SYSTEM SOLUTIONS 2023 2024 2025 28% 31% 32% We increased our system solutions share of revenues from 15% in year 2021 to 32% in year 2025. 16
Slide 17: Growth driven by solutions
STRONG FOUNDATION FOR FUTURE GROWTH GROWTH DRIVEN BY SOLUTIONS Sustainable growth Pure product Differentiation Products alone requires expanding markets are and pricing power cannot deliver our our solutions commoditized and come from business target margins highly competitive integrated solutions S
Slide 18: A decade of transformation – and we are not done
A decade of transformation – and we are not done 18
Slide 19: Innovation
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE INNOVATION SHARE OF We grow with INNOVATIVE PRODUCTS TARGET 2026 OF REVENUE IN 2025 innovative sustainable system solutions for the challenges of today and tomorrow > 34% > 35% 19
Slide 20: Increasing innovation rate underpins organic growth
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE INCREASING INNOVATION RATE UNDERPINS ORGANIC GROWTH Revenue and share of innovative products in € mn and % 4.977 What is an innovative product? 4.513 4.566 4.224 Products that are new, modified, or deliver 3.971 significant sustainability improvements
Slide 21: Transformation of the roofing business
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE Transformation of the roofing business 21
Slide 22: Segments with significant growth potential
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE 3 SEGMENTS WITH SIGNIFICANT GROWTH POTENTIAL 17% 2% 5% TOTAL PITCHED ROOF MARKET ¹ TOTAL ROOF COMPONENT MARKET ² TOTAL RESIDENTIAL PV MARKET ³ ~ € 6 bn ~ € 6 bn ~ € 2.5 bn 22 Note: External market studies and internal estimates; 1) Pitched roof market
Slide 23: Renovation need for roofing is increasing
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE Renovation need for roofing is increasing 35mn building units to be renovated by 2030 85% of EU buildings were built before 2000, 75% have a poor energy performance Significant gap between 3% renovation rate required and current 1% run rate Major part
Slide 24: The expert and market leader in pitched roofing in Europe
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE THE EXPERT AND MARKET LEADER IN PITCHED ROOFING IN EUROPE 26 % ~ 75 mn Renovation share m² capacity Roof solutions share of Group revenue 60 % 24
Slide 25: Industry leading footprint in Europe
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE Industry leading footprint in Europe Roof tiles and accessories 44 plants and ~100 production lines in Europe wienerberger 75mn m2 capacity Terreal/Creaton Roof component production 5 plants in Europe › Roof underlays › Metal flashing › Rainwater mana
Slide 26: Active growth strategy roof
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE Active growth strategy roof 2014: Tondach 82 % 2018: Tondach 100 % 2022: Mayr Dachkeramik 2024: Terreal IT, FR and Creaton DE 2025: GSE Integration FR 2026: Green Field projects: Smeed Dean, Hejöpapi 26
Slide 27: Strong growth in roof component turnover
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE STRONG GROWTH IN ROOF COMPONENT TURNOVER ORGANICALLY AS WELL AS THROUGH ACQUISITIONS Other Revenue in € mn 125 Roof Gutter Systems Roof Underlays 85 Steam Exhaust Sets & Ventilation Revenue split 2025 41 28 Storm Fixation & Snow Retention 2015 2018 20
Slide 28: Roof components: increasing vertical integration
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE ROOF COMPONENTS: INCREASING VERTICAL INTEGRATION WHERE VALUE IS CREATED Buidling Product Design (underlays, rigdge and hip, flashing etc.) FloPlast Traded (rainwater management) goods 35% El Tec (ridge and hip rolls, flashing) Eurostroj Revenue (snow
Slide 29: Wienerberger vision solar
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE wienerberger vision solar Solar external revenue 2025: ~ € 80 mn near term potential of 5% with existing footprint Leader in In-Roof PV in Europe Focus on roofers and solar installers as the main target groups 29
Slide 30: Growth drivers roof tiles & accessories
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE GROWTH DRIVERS ROOF TILES & ACCESSORIES MARKET CONSOLIDATION ACCESSORIES OPERATIONAL LEVERAGE RENOVATION MARKET ORGANIC GROWTH M&A 30
Slide 31: Leading European pitched roof company
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE Leading European Pitched Roof Company Expanding our market leadership in Europa One-stop-shop for renovation Significant potential in roof renovation 31
Slide 32: Significant growth potential in pitched roof components
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE SIGNIFICANT GROWTH POTENTIAL IN PITCHED ROOF COMPONENTS FOR WIENERBERGER TOTAL MARKET POTENTIAL FOR ROOF COMPONENTS ~ € 6 bn Potential to leverage wienerberger’s strong market access Increasing sales in complementary Roof Insulation Roof Gutter produc
Slide 33: From roof to market – closer to the installer
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE From Roof to Market – Closer to the Installer Leveraging IT, connectivity and AI Strong distribution base and pre-sales excellence Integrated energy concept for the home of the future (heating, cooling, ventilation) 33
Slide 34: Successful strengthening of renovation business
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE SUCCESSFUL STRENGTHENING OF RENOVATION BUSINESS Revenue in € mn Revenues Whole segment incl. North America 34
Slide 35: Transformation of the piping business
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE Transformation of the piping business Successful establishment of a new industrial pillar for wienerberger 35
Slide 36: Piping is a significant value contributor
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE PIPING IS A SIGNIFICANT VALUE CONTRIBUTOR TO OUR GROUP, PROVIDING US WITH ... INCREASING EXPOSURE EXPOSURE TO GROWTH AND TO INFRASTRUCTURE & STRUCTURALLY GROWING CONSOLIDATION RENOVATION END MARKETS OPPORTUNITIES less cyclical, Scale more resilient &
Slide 37: We have significantly grown our piping exposure
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE WE HAVE SIGNIFICANTLY GROWN OUR PIPING EXPOSURE 2% Pavers/Surface Wall 16% Piping 29% Revenue split Façade 26% 27% Roof Representing now the single largest segment within our Group 37
Slide 38: Transformation through portfolio optimization
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE TRANSFORMATION OF THE BUSINESS THROUGH Acquistion of margin Portfolio Investment into accretive businesses/ optimization the industrial setup improving our system solutions 38
Slide 39: Strong improvement of our industrial base
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE STRONG IMPROVEMENT OF OUR INDUSTRIAL BASE Invested in industry consolidation in attractive areas and expanded reach into solution businesses Invested significantly into the industrial setup to drive efficiency Current production sites 39
Slide 40: Active growth strategy piping
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE Active growth strategy piping 2017: Preflex Group, Belgium 2018: Isoterm, Norway 2019: Reddy, Belgium 2021: FloPlast, UK & Cork Plastics, Ireland 2022: Vargon, Croatia; QPS, Norway 2024: Grain Plastics, Netherlands; Tekken, Norway 2025: MFP, Ireland 4
Slide 41: Smart solution businesses (WIONIQ)
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE Smart solution businesses (WIONIQ) 2020: Interact, Netherlands 2023: Wideco, Sweden 2024: I-Real, Netherlands; Slatek, Finland 2025: Establishment of WIONIQ Group 41
Slide 42: Strategic focus areas
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE STRATEGIC FOCUS AREAS Play active role Building Europe's in further Increase of our system leading smart piping industry consolidation solution business company in Europe 42
Slide 43: Successful strengthening of infrastructure business
A DECADE OF TRANSFORMATION – AND WE ARE NOT DONE SUCCESSFUL STRENGTHENING OF INFRASTRUCTURE BUSINESS Revenue in € mn Revenues Whole segment incl. North America 43
Slide 44: Financials 2025 & market environment
Financials 2025 & market environment 44
Slide 45: Strong set of results
FINANCIALS 2025 & MARKET ENVIRONMENT STRONG SET OF RESULTS In 2025, we delivered strong results, generated exceptional cash flow, and strengthened our balance sheet – fully delivering our guidance and positioning the company for self-funded growth. Operating EBITDA Margin Profit after tax Free cash
Slide 46: Resilient balance sheet
FINANCIALS 2025 & MARKET ENVIRONMENT RESILIENT BALANCE SHEET Net debt Working capital / revenues Net debt / operating EBITDA €1,637 mn 20 % 2.2 x Strong financial discipline focusing on working capital and capacity efficiency Strong cash flow and Strongly improved Solid leverage ratio financial d
Slide 47: Revenue stability from renovation; EBITDA underpinned by efficiency
FINANCIALS 2025 & MARKET ENVIRONMENT REVENUE STABILITY FROM RENOVATION; EBITDA UNDERPINNED BY EFFICIENCY IMPROVEMENTS Revenue Bridge Operating EBITDA Bridge in € mn in € mn +1% –1% 120 4,566 760 –11 –9 14 754 -2% -1% +2% 4,513 –24 -1% –44 +3% -1% 2024 Organic FX Scope 2025 2024 Organic FX Scope 2025
Slide 48: Operational efficiencies and limited impact of inflation
FINANCIALS 2025 & MARKET ENVIRONMENT OPERATIONAL EFFICIENCIES STRENGTHENED COMPETITIVENESS AND LIMITED IMPACT OF INFLATION Overall cost inflation of € 30 mn +4%, € >100 mn overhead savings Mainly driven by labour and From strict cost energy cost discipline 48
Slide 49: Increased efficiency supports our profitability
FINANCIALS 2025 & MARKET ENVIRONMENT WIENERBERGER TODAY: INCREASED EFFICIENCY SUPPORTS OUR PROFITABILITY OPERATIONAL EXCELLENCE FIT FOR GROWTH Program started in Q3 2025 Production measures and Process optimization across all organizational capacity optimization levels – from holding to operations o
Slide 50: Free cash flow
FINANCIALS 2025 & MARKET ENVIRONMENT FREE CASH FLOW in € mn 2025 2024 Operating EBITDA 754 760 Free cash flow increased by 14% Net interest –101 –90 Supported by solid working capital inflows Income taxes paid –50 –98 Change in working capital 104 139 Lower taxes in 2025, due to higher tax Maintenan
Slide 51: Net debt as of 31/12/2025
FINANCIALS 2025 & MARKET ENVIRONMENT NET DEBT AS OF 31/12/2025 1,753 –474 66 1,637 153 157 Solid CAPEX management › Maintenance CAPEX of €148 mn (2024 € 135 mn) › Growth CAPEX of € 133 mn (2024 €177 mn) › M&A € 24 mn (Q1–3 2024 € 637 mn) Net Debt Free Growth CA- Dividends/ Net Debt Other 31.12.2024
Slide 52: Attractive shareholder return
FINANCIALS 2025 & MARKET ENVIRONMENT ATTRACTIVE SHAREHOLDER RETURN 213 100 104 104 95 95 Dividend proposal for the FY 2025 of 86 € 0.95 per share Share buyback € 30 mn (December 30, 2024-February 7, 2025) Payout ratio of 28% of free cash flow, 26 32 30 in line with 20–40% range 20 Dividend payout 0
Slide 53: The source of growth: Financial discipline & debt position
The source of growth: Financial discipline & debt position 53
Slide 54: Growth – fully self-financed and disciplined
THE SOURCE OF GROWTH: FINANCIAL DISCIPLINE & DEBT POSITION GROWTH – FULLY SELF-FINANCED AND DISCIPLINED ACTIVE COUNTERBALANCE OF DEBT TROUGH Operational Portfolio Synergies excellence strength Cost Market Strong discipline outperformance cash generation 54
Slide 55: Robust balance sheet allows for further self-funded growth
THE SOURCE OF GROWTH: FINANCIAL DISCIPLINE & DEBT POSITION ROBUST BALANCE SHEET ALLOWS FOR FURTHER SELF-FUNDED GROWTH 55 * Gearing = Net debt / EquityNote: Rounding differences may arise from automatic processing of data
Slide 56: Strong liquidity reserve and balanced interest rate risk
THE SOURCE OF GROWTH: FINANCIAL DISCIPLINE & DEBT POSITION STRONG LIQUIDITY RESERVE AT YEAR-END 2025 BALANCED INTEREST RATE RISK EXPOSURE MATURITY PROFILE AS PER YEAR END 2025 INTEREST RATE RISK EXPOSURE € 962 mn 1000 900 Gross Debt 800 (excluding leasing) 700 € 1,613 mn 600 500 45% 400 300 55% 200
Slide 57: Self-funded growth
w) A world of wienerberger Self-funded growth
Slide 58: Our capital allocation policy
SELF-FUNDED GROWTH OUR CAPITAL ALLOCATION POLICY Acquisitions depending on opportunities Dividend Share Buyback Growth Policy Programs Investments incl. ESG 58
Slide 59: Strong business with substantial free cash flow generation
SELF-FUNDED GROWTH STRONG BUSINESS WITH SUBSTANTIAL FREE CASH FLOW GENERATION… Revenues Free cash flow in € mn in € mn 800 598 5,500 600 4,977 5,000 417 4,513 400 474 4,500 421 4,566 3,971 200 4,000 4,224 258 3,500 0 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 CAGR = 4% TOTAL (5y): € 2,168 mn
Slide 60: Financing value accretive investments
SELF-FUNDED GROWTH … FINANCING VALUE ACCRETIVE INVESTMENTS … Growth CAPEX + M&A in € mn 900 814 800 700 626 600 500 400 270 300 230 157 2021 200 Includes Meridian, 100 218 FloPlast, Cork Plastics 159 145 177 133 2024 0 Includes Terreal 2021 2022 2023 2024 2025 Separate Growth CAPEX Separate Growth C
Slide 61: Creating shareholder return by dividends and share buyback
SELF-FUNDED GROWTH ... WHILE CREATING SHAREHOLDER RETURN BY PAYING DIVIDENDS AND SHARE BUY BACK Dividend per share Cash return to shareholders in € in € mn 1.20 200 177 180 1.00 0.95 0.95 160 0.90 0.90 136 134 140 0.80 0.75 120 Dividend 0.60 100 80 100 104 104 Dividend + 95 share buyback 0.40 60 86
Slide 62: 16 years of self-funded growth
SELF-FUNDED GROWTH 16 YEARS OF SELF-FUNDED GROWTH. DOUBLED REVENUES WITH ZERO CAPITAL INCREASE. 62
Slide 63: Market situation 2025
Market situation 2025 63
Slide 64: Wienerberger has proven its resilience despite challenging markets
MARKET SITUATION 2025 WIENERBERGER HAS PROVEN ITS RESILIENCE DESPITE CHALLENGING MARKETS € 1,021 100% 91% Market is marked by… wienerberger performance Market € 811 € 760 € 754 level € 694 Low demand Delivered strong operating EBITDA in % over the last 3 years High interest rates Safeguarded profita
Slide 65: Business environment – Europe West
MARKET SITUATION 2025 BUSINESS ENVIRONMENT – EUROPE WEST MARKET INDICATORS EUROPE WEST Revenue Split Total housing starts +1% (est. FY ‘25 vs FY ‘24) Civil engineering construction output (EST. FY ‘25 vs FY ‘24) +1% 17% Long-term borrowing rate (jun ‘25 / sep ‘25 / dec ’25) 4.7% / 4.8% / 4.8%* 36% V
Slide 66: Business environment – Europe East
MARKET SITUATION 2025 BUSINESS ENVIRONMENT – EUROPE EAST MARKET INDICATORS EUROPE EAST Revenue Split Total housing starts –2% (est. FY ‘25 vs FY ‘24) Civil engineering construction +1% output (EST. FY ‘25 vs FY ‘24) Long-term borrowing rate 24% 5.1% / 5.2% / 5.3%* (jun ‘25 / sep ‘25 / dec ’25) 48% V
Slide 67: Business environment – North America
MARKET SITUATION 2025 BUSINESS ENVIRONMENT – NORTH AMERICA MARKET INDICATORS NORTH AMERICA Revenue Split Total housing starts –9% (est. FY ‘25 vs FY ‘24) Long-term borrowing rate (jun ‘25 / sep ‘25 / dec ’25) 6.8% / 6.3% / 6.1%** 20% VOLUME DEVELOPMENT 22% 58% A drop in activities due to Volume effe
Slide 68: Strong EBITDA performance despite challenging market environment
MARKET SITUATION 2025 DESPITE CHALLENGING MARKET ENVIRONMENT WIENERBERGER ACHIEVED STRONG EBITDA PERFORMANCE 68
Slide 69: Regional insights UK & Ireland
Regional insights UK & Ireland 69
Slide 70: UK housing market challenges: interest rates and inflation
REGIONAL INSIGHTS UK & IRELAND UK HOUSING MARKET CHALLENGES Interest Rates an Inflation 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% 2021 2022 2023 2024 2025 Bank of England Base Rate CPI RPI 70 Source: Bank of England, ONS
Slide 71: UK housing market challenges: affordability
REGIONAL INSIGHTS UK & IRELAND UK HOUSING MARKET CHALLENGES Affordability Mortgage payment Ratio as a % of income 6.00 55 5.50 50 5.00 45 4.50 4.00 40 3.50 35 3.00 30 2.50 2.00 25 2017 2018 2018 2019 2019 2020 2020 2021 2021 2022 2022 2023 2023 2024 2024 2025 2025 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2
Slide 72: UK housing market challenges: government target
REGIONAL INSIGHTS UK & IRELAND UK HOUSING MARKET CHALLENGES What would be needed to meet the Government’s 1.5 mn Target an a more realistic Trajectory Net additional Homes 400.000 376,000 Homes 1.5 mn Homes 350.000 Over the 5 years 300.000 2022/23: 234,292 321,700 250.000 Homes Homes 200.000 2024/25
Slide 73: Development of GB housing starts by housing type
REGIONAL INSIGHTS UK & IRELAND DEVELOPMENT OF GB HOUSING STARTS BY HOUSING TYPE 250.000 200.000 150.000 100.000 50.000 Single family homes 0 Multi family homes 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 73
Slide 74: Total UK brick market December 2025 update
REGIONAL INSIGHTS UK & IRELAND TOTAL UK BRICK MARKET DECEMBER 2025 UPDATE Total Brick market UK mn –30,5% 2.500 2.000 1.500 1.000 500 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 74 Source: ONS, HMRC & WB Est. for actuals, latest CPA document for projections (RTA/ONS
Slide 75: UK brick market by end-use 2025
REGIONAL INSIGHTS UK & IRELAND UK BRICK MARKET MARKET BY END-USE 2025 non- housing 4,5 % RM&I UK brick market by end user 2025 housing RM&I 23,4% newbuild non-housing 3,6% newbuild housing 68,5% 75
Slide 76: UK pitched roof market by end-use 2025
REGIONAL INSIGHTS UK & IRELAND UK PITCHED ROOF MARKET MARKET BY END-USE 2025 non- housing 6,6 % RM&I UK pitched roof market by end user 2025 newbuild housing 39,0% housing RM&I 51,1% newbuild 3,6 % non-housing 76
Slide 77: Water & heating market size 2025
REGIONAL INSIGHTS UK & IRELAND WATER & HEATING MARKET SIZE 2025 (£ mn) 1600,0 1400,0 227,281 1200,0 231,992 1000,0 941,887 800,0 1405,787 357,156 600,0 400,0 182,752 286,315 200,0 281,157 303,042 - Residential Light Residential Total Roofline Rainwater Soil & Waste Drainage Hot & cold new build Comm
Slide 78: UK & Ireland sales development
REGIONAL INSIGHTS UK & IRELAND UK & IRELAND SALES DEVELOPMENT Regional sales revenue development £ mn 600 500 400 300 200 100 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 78
Slide 79: UK & Ireland external revenues by operating company
REGIONAL INSIGHTS UK & IRELAND UK & IRELAND SALES DEVELOPMENT External revenues by operating company £ mn 600 000 500 000 400 000 300 000 200 000 wienerberger Ltd. BPD 100 000 FloPlast 0 PipeLife Ireland 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 79
Slide 80: Development of UK & Ireland revenues
REGIONAL INSIGHTS UK & IRELAND DEVELOPMENT OF WIENERBERGER UK & IRELAND REVENUES New build and RM&I revenue exposure £ mn 600 000 500 000 400 000 300 000 200 000 100 000 New build 0 RM&I 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 80
Slide 81: Reducing reliance on facing brick sales
REGIONAL INSIGHTS UK & IRELAND REDUCING RELIANCE ON UK & IRELAND FACING BRICK SALES External sales revenues £ mn 300 000,0 250 000,0 200 000,0 150 000,0 100 000,0 50 000,0 Facing brick sales revenues 0,0 Other regional sales revenues 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 REDUCI
Slide 82: UK & Ireland strategy: double revenue to £1bn by 2030
REGIONAL INSIGHTS UK & IRELAND UK & IRELAND STRATEGY DOUBLE REVENUE TO £1bn BY 2030 BUILDING FOR WHAT’S NEXT PROTECT AND GROW THE CORE + GROWTH THROUGH DIVERSIFICATION CO 2 One Operational Merger and Innovation Decarbonisation wienerberger Excellence Acquisition Safety and sustainability, underpinne
Slide 83: Building for what's next – protect and grow the core
REGIONAL INSIGHTS UK & IRELAND BUILDING FOR WHAT’S NEXT – PROTECT AND GROW THE CORE DECARBONISATION OF NEW CAPACITY AND BRICK MANUFACTURE DECARBONISATION OF ROOF TILES Heat pumps & heat recovery New concrete tile manufacturing facility in Sittingbourne to efficiently service SE England Conversion fr
Slide 84: Regional insights France
(w) world of wienerberger Regional insights France
Slide 85: Key takeaways Wienerberger France
REGIONAL INSIGHTS FRANCE KEY TAKEAWAYS WIENERBERGER FRANCE Macroeconomic Operational Strategic Stabilization Resilience Growth Focus Projected 1.0% GDP growth Cost management and Focus on d ecarbonization, and e asing inflation create product innovation roofing expansion, favourable conditio
Slide 86: Early signs of a recovering French housing market
REGIONAL INSIGHTS FRANCE EARLY SIGNS OF A RECOVERING HOUSING MARKET EMERGING IN H2 2025, WITH FURTHER MATERIALIZATION EXPECTED IN 2026 Weighted average effective rates in % (France) – Real estate + Old market 5 4 3 2 1 T1-14 T3-14 T1-15 T3-15 T1-16 T3-16 T1-17 T3-17 T1-18 T3-18 T1-19 T3-19 01-20 03-
Slide 87: Number of loans granted in France
40 65 90 115 140 Janiver 2014 Mars 2014 Mai 2014 Source: L’observatoire Crédit Logement / CSA Juillet 2014 REGIONAL INSIGHTS FRANCE Septembre 2014 Novembre 2014 Janiver 2015 Mars 2015 Mai 2015 Juillet 2015 Septembre 2015 Novembre 2015 Janiver 2016 Mars 2016 Mai 2016 Juillet 2016 Septembre 2016 Novem
Slide 88: Housing authorizations and starts in France
REGIONAL INSIGHTS FRANCE EARLY SIGNS OF A RECOVERING HOUSING MARKET EMERGING IN H2 2025, WITH FURTHER MATERIALIZATION EXPECTED IN 2026 Cumulative number of housing units over twelve months in thousands 60 50 40 30 20 10 NOV MAI NOV MAI NOV MAI NOV MAI NOV MAI NOV MAI NOV MAI NOV MAI NOV MAI NOV 2016
Slide 89: French construction output driven by renovation
REGIONAL INSIGHTS FRANCE FRENCH CONSTRUCTION OUTPUT MAINTAINS DRIVEN BY A STRONG RENOVATION MARKET French estimated construction output 2026 Non-residentail Residential renovation newbuild 22% 20% Non-residential newbuild 17% Residential renovation 42% 89 Source: sitadel data / Euroconstruct + estim
Slide 90: Residential new build segments and market trends
REGIONAL INSIGHTS FRANCE RESIDENTIAL NEW BUILD SEGMENTS AND MARKET TRENDS Housing starts thd Single-family housing 40% vs. 400 multi-family 60% 350 Level of current construction activity 300 is far below structural needs (350,000 to 400,000 units / year) 250 New build starts decreased by 200 -35%
Slide 91: Renovation market: a core margin driver for France
REGIONAL INSIGHTS FRANCE RENOVATION MARKET: A CORE MARGIN DRIVER FOR WIENERBERGER FRANCE France has one of E urope’s largest Renovation drives Delivers superior Reduces exposure and oldest housing the core roofing margin quality to new‑build stocks – driving demand volatility recurring renovati
Slide 92: Regulation & demand drivers
REGIONAL INSIGHTS FRANCE REGULATION & DEMAND DRIVERS (RE2020, EPBD, MAPRIMERÉNOV’) EU EPBD RE2020 Focus on Directive Goals Environmental growth fields Regulation Specific French RE2020 Revisions to MaPrimeRénov’ The EPBD sets ambitious regulation strengthens building prioritize deep renovation 2
Slide 93: Local presence and rapid responsiveness across France
REGIONAL INSIGHTS FRANCE LOCAL PRESENCE AND RAPID RESPONSIVENESS ACROSS THE ENTIRE COUNTRY The geographic distribution of our quarries and production sites enables us to ensure nationwide coverage and respond as closely as possible to local market needs. Wall plant Façade plant 25 34 Sites Quarri
Slide 94: Wienerberger and Terreal complementary portfolios
REGIONAL INSIGHTS FRANCE WIENERBERGER AND TERREAL PERFECTLY COMPLEMENTARY PORTFOLIOS wienerberger held a strong position in the Northeast Terreal was a leading player in the Southwest of France The acquisition of Terreal added a strong exposure to the region of France which commands the highest shar
Slide 95: Wienerberger France – 2025 overview & integration
REGIONAL INSIGHTS FRANCE WIENERBERGER FRANCE – 2025 OVERVIEW & INTEGRATION Operational Industrial Commercial Wall Solution Integration and Footprint Progress in Roofing Transformation Resilience Optimization and Solar wienerberger France Selective capacity Plan started to adapt streamlined proce
Slide 96: Strong and resilient financial performance in France
REGIONAL INSIGHTS FRANCE A STRONG AND RESILIENT FINANCIAL PERFORMANCE IN 2025 FOR WIENERBERGER FRANCE Revenue € 562 mn vs € 494* mn in 2024 96 * Including 10 months of Terreal
Slide 97: Wienerberger France – 2025 overview & integration
REGIONAL INSIGHTS FRANCE WIENERBERGER FRANCE – 2025 OVERVIEW & INTEGRATION Accelerate on From a protective Delivering decarbonization roof to a Supporting a complete and multifunctional renovation inspiring solution roof 97
Slide 98: Development strategy 2026–2030 pillars
REGIONAL INSIGHTS FRANCE DEVELOPMENT STRATEGY 2026–2030 PILLARS Operational Renovation New-Build Strategic Excellence and Solar Recovery Mergers and and People Integration Focus Acquisitions Focus on H&S, digital Expanding renovation p roducts New-build recovery focus Selective M&A targeting man
Slide 99: Why Wienerberger France now
REGIONAL INSIGHTS FRANCE WHY WIENERBERGER FRANCE NOW Strategic Market Position Operational Excellence wienerberger France is well Decisive actions have enhanced positioned with a diversified capacity alignment, margin portfolio and innovation resilience, and organizational ecosystem to meet evolv
Slide 100: Regional insights North America
Regional insights North America 100
Slide 101: General Shale
REGIONAL INSIGHTS NORTH AMERICA GENERAL SHALE Brick Plant Concrete Block Plant PVC Pipe Plant Roof Tile Plant Stone Plant 101
Slide 102: Residential and commercial – cladding portfolio
REGIONAL INSIGHTS NORTH AMERICA RESIDENTIAL AND COMMERCIAL – CLADDING PORTFOLIO Full Thin Arriscraft brick brick stone 102
Slide 103: Infrastructure focus and water delivery – PVC pipe products
REGIONAL INSIGHTS NORTH AMERICA INFRASTRUCTURE FOCUS AND WATER DELIVERY – PVC PIPE PRODUCTS 103
Slide 104: High end residential, renovation – clay roof tiles
REGIONAL INSIGHTS NORTH AMERICA HIGH END RESIDENTIAL, RENOVATION, GOVERNMENT AND INSTITUTIONS – CLAY ROOF TILES 104
Slide 105: Our people – a culture of safety and opportunity
REGIONAL INSIGHTS NORTH AMERICA OUR PEOPLE – A CULTURE OF SAFETY AND OPPORTUNITY 105
Slide 106: North America housing dynamics – United States housing
REGIONAL INSIGHTS NORTH AMERICA NORTH AMERICA HOUSING DYNAMICS – UNITED STATES HOUSING US housing starts (new build) since 2000 mn US new build market is $160 bn/yr The US has a growing deficit of new build construction, 2,5 with deficit estimates ranging from 1.1 to 4.9 million homes1 2 US needs 1
Slide 107: US housing starts (new build)
REGIONAL INSIGHTS NORTH AMERICA NORTH AMERICA HOUSING DYNAMICS – UNITED STATES HOUSING US housing starts (New Build) mn 1,8 1,7 Estimated 1.6 million needed to meet demand 1,6 1,5 1,4 1,3 1,2 1,1 1 Total starts 2021 2022 2023 2024 2025P 2026P 2027P 2028P 107 Note: *P = Projection Source: Total housi
Slide 108: Remodel and renovation of existing homes
REGIONAL INSIGHTS NORTH AMERICA REMODEL AND RENOVATION OF EXISTING HOMES – US REMODEL / RENOVATION IS A $500 BILLION MARKET Major segments Project include characteristics 9% of our North American The remodel › Roofing › Average project spend and renovation is US$ 20,000 cladding business › Heating
Slide 109: North America housing dynamics – Canada housing
REGIONAL INSIGHTS NORTH AMERICA NORTH AMERICA HOUSING DYNAMICS – CANADA HOUSING Canadian government goal of Canada Housing Starts 3.5 million+ new homes by 20311 thousand Aimed at combatting rising prices As of mid-2025, Toronto was tracking for the lowest 600 level of housing starts in thirty years
Slide 110: North America housing dynamics – piping market
REGIONAL INSIGHTS NORTH AMERICA NORTH AMERICA HOUSING DYNAMICS – PIPING MARKET Highly focused on the infrastructure market › Municipal pipes › Rural water lines PVC is gaining market share over ductile iron and concrete US estimated 20–28% growth in PVC pipe by 2030 Only 14% of $43.6 billion appropr
Slide 111: North American PVC market – infrastructure
REGIONAL INSIGHTS NORTH AMERICA NORTH AMERICAN PVC MARKET – NORTH AMERICAN INFRASTRUCTURE Cumulative Water & Wastewater Facility CAPEX Outlook by Region, 2025-2035 US infrastructure market alone is US$ 170 bn 80% of spend associated with upgrades and replacement Northeast US$77 B 20% of NA pipelines
Slide 112: General Shale North America sales by operating company
REGIONAL INSIGHTS NORTH AMERICA GENERAL SHALE NORTH AMERICA SALES BY OPERATING COMPANY External sales revenues US$ mn 1,200 1,000 800 600 400 Building materials US Building materials CA 200 Pipe 0 Roofing 2018 2019 2020 2021 2022 2023 2024 2025 EXTERNAL REVENUES BY OPERATING COMPANY 112
Slide 113: North American strategy
REGIONAL INSIGHTS NORTH AMERICA NORTH AMERICAN STRATEGY ORGANIC AND M&A GROWTH BUILDING FOR WHAT’S NEXT + PROTECT AND GROWTH THROUGH GROW THE CORE DIVERSIFICATION AND INNOVATION LEVERAGE OPERATIONAL PRICING NATIONAL EXCELLENCE DISCIPLINE PARTNERS SAFETY AND SUSTAINABILITY, UNDERPINNED BY OUR VALUES
Slide 114: Outlook 2026
Outlook 2026 114
Slide 115: Key assumptions
OUTLOOK 2026 KEY ASSUMPTIONS We focus Key assumptions on optimization › No structural recovery in and efficiency residential construction, paired with flat markets and limited demand measures… › Market level Q1 26 below 2025 due to long and cold winter › Fit for Growth program › Flat infrastructur
Slide 116: Inflation of energy prices 2026
OUTLOOK 2026 Inflation of energy prices 2026 116
Slide 117: Wienerberger-specific energy inflation
OUTLOOK 2026 WIENERBERGER-SPECIFIC ENERGY INFLATION wienerberger-specific energy inflation ~€ 30 mn from increase in the portfolio price from € 24 to € 32 per MWH in natural gas. Externally driven Portfolio price Highest energy No compensation portfolio price at the same level costs of the past poss
Slide 118: Energy inflation of €30 mn in 2026
OUTLOOK 2026 WIENERBERGER-SPECIFIC ENERGY INFLATION OF € 30 MN IN 2026 Natural gas €/mwh 100 80 60 37 33 40 20 32 24 WA portfolio price — WA market price 2025 2026 118 Note: Consultant-managed portfolio only (Schneider) // Rounding differences may arise from automatic processing of data
Slide 119: Capital expenditure
OUTLOOK 2026 CAPITAL EXPENDITURE € 160 mn Maintence CAPEX (2025: € 148 mn) € 100 mn Growth CAPEX + € 20 mn (2025: € 133 mn) Secure Zone Action Plan 119
Slide 120: No market recovery expected in 2026
OUTLOOK 2026 NO MARKET RECOVERY EXPECTED IN 2026 VOLUME DEVELOPMENT | WIENERBERGER GROUP Guidance 2025 € 750 mn ~ -3% below H1 2025 2% 1% 0% 0% Basis 2024 -1% 0% -1% Year-on-year Quarter-on-quarter -5% H1 2025 Q1–Q3 2025 FY 2025 EST. H1 2026 EST. H2 2026 120
Slide 121: Outlook for ongoing business
OUTLOOK 2026 OUTLOOK FOR ONGOING BUSINESS 790 36 30 760 754 One-off 2026 in € mn Operating Operating EBITDA Optimization & wienerberger-specific Operating EBITDA EBITDA 2026 2025 Self-help energy inflation 2026 without energy inflation 121 Note: Operating EBITDA in EUR mn // Rounding differences may
Slide 122: Commitment to decarbonization
OUTLOOK 2026 Commitment to decarbonization 122
Slide 123: Further savings in 2025 confirm momentum towards 2026 target
OUTLOOK 2026 FURTHER SAVINGS IN 2025 CONFIRM OUR MOMENTUM TOWARDS THE 2026 TARGET Scope 1 & 2 CO₂ savings development -8.5% -13.2% -15.7% -18.5% -20.7% -25% 2020 2021 2022 2023 2024 2025 2026 Target Note: *P = Projection 123 Source: Total housing starts forecast from John Burns Research and Consulti
Slide 124: Our next growth chapter
Our next growth chapter 124
Slide 125: We do not wait for the cycle. We create our own growth.
OUR NEXT GROWTH CHAPTER WE DO NOT WAIT FOR THE CYCLE. WE CREATE OUR OWN GROWTH. 125
Slide 126: Acquisition of Italcer – supporting growth in renovation
OUR NEXT GROWTH CHAPTER cquisition of A Italcer – supporting growth by increasing share in renovation market 126
Slide 127: Acquisition Italcer
OUR NEXT GROWTH CHAPTER ACQUISITION ITALCER Italcer Group, Strengthens a globally active wienerberger’s Serves as a producer of high-end position in the new growth ceramic solutions growing renovation platform with manufacturing segment hubs in Italy and Spain 127
Slide 128: Acquisition of Italcer key investment highlights
OUR NEXT GROWTH CHAPTER Aquisition of Italcer Key investment highlights Leading multi-brand specialist platform High-end innovative products Solid growth outperforming the market Highly successful buy-and-build platform Strong and committed management team Well-invested industrial base ready for gro
Slide 129: Excellent strategic fit
OUR NEXT GROWTH CHAPTER Excellent strategic fit Enhancing wienerberger’s pivot to renovation- and infrastructure-led activities Immediate margin accretion from day 1 Synergized EBITDA potential > € 100 mn Scalable platform for continued buy-and-build strategy Joining forces in façade solutions 129
Slide 130: Transaction structure
OUR NEXT GROWTH CHAPTER Transaction structure wienerberger has entered into a two-step transaction structure Acquisition of 50% + 1 share in 2026 Closing is expected in Q2 26 and remains subject to customary closing conditions Call option to acquire the remaining shares on pre-agreed terms in late Q
Slide 131: Highly attractive valuation
OUR NEXT GROWTH CHAPTER HIGHLY ATTRACTIVE VALUATION STEP 1 STEP 1 SYNERGIZED 2026 2027 VIEW Forecast 2026 Pre-agreed Enterprise EBITDA EBITDA adj. Enterprise Value EBITDA EV/EBITDA Value € 560 mn* 2026 > € 100 mn € 560 mn*** adj. € 82 mn multiple Synergized EV/EBITDA Enterprise EV/EBITDA multiple mu
Slide 132: Fast integration to drive growth and unlock synergies
OUR NEXT GROWTH CHAPTER Fast Integration to drive growth and unlock synergies Targeting a low-disruption integration of a well-run business Highly committed Italcer leadership team will continue developing Italcer Commercial front-end will remain largely unchanged Capture high‑value growth opportuni
Slide 133: Deal summary
OUR NEXT GROWTH CHAPTER DEAL SUMMARY Acquisition of renovation- Strong management Clear value creation led growth platform for team with p roven via buy-and-build premium design surfaces track record of and ~€ 10 mn identified with immediate margin outperforming markets synergies accretion Att
Slide 134: Italcer Group presentation, February 2026
world of wienerberger Group presentation ITALIffceER GRouF 134 FEBRUARY 2026 - STRICTLY PRIVATE AND CONFIDENTIAL
Slide 135: Agenda
Tac [((ceR GROUP Agenda V Company overview V’ Group’s positioning world of wienerberger 135
Slide 136: Italcer Group: Italian high-end and luxury surfaces design specialist
world of wienerberger CONFIDENTIAL Italcer Group: an italian high-end and luxury surfaces design macf((cer specialist... ~€355m ~~ ~15% 24m sqm ee =—_ & nee "Founded in 2017 by Mindful Capital , 7 r f a al Graziano Verdi y Group CEO sinoe 2017 Partners and Graziano Verdi, italcer Group (italcer’, or
Slide 137: Best-in-class know-how across applications and formats
oo wold wenerbere CONFIDENTIAL best-in-class know-how across applications and formats... Italcer Offering Extra Small (<20cm) ‘Medium (50-80cm) Furniture (kitchen Large (80-120cm) boards, dining tables) Extra Large (>120cm) OO — Comprehensive product offering covering the full range of size formats
Slide 138: Powerful portfolio of specialized brands
world of wienerberger CONFIDENTIAL ...delivering a full and complementary offering built on a macf((cer powerful portfolio of specialized brands EquiPe teamya ELICS |||eemcs — FONDOVALLE Devon& Devon faze I lem = x Large-sized tiles with Design bathroom —_Atomized powder, Decoration ties Stone and c
Slide 139: Diversified and internationally recognized customer base
diversified and internationally recognized customer base... Strong Diversification by Geography ‘Other ssi Oe ~~ PI RBA essen zn i, Kersecu pooen-n- Large retail chains = = — SAINT-GOBAIN 2025A \ Gross revenue North America 25% 1 pan Dismbutors= ==) | i Rest of Europe MC AN COS] Nt) Toceiirenciters
Slide 140: Strong decarbonization focus and sector-leading sustainability practices
w) ...while outperforming markets with a strong decarbonization focus and applying sector-leading sustainability practices... Italcer Group CEO, Graziano Verdi, collecting first prize for the Sustainability Award 2024 amongst the Top 100 Best Italian companies above €250m turnover Ceramics isthe mos
Slide 141: Scalable platform with track record of accretive acquisitions
oo vol winters CONFIDENTIAL .. resulting in a scalable platform with solid track-record of macf((cer accretive acquisitions Rios Pevon&devon Dhifenine [iq] ESUIPE Fonpovante TERTINTS eras (((cer May 2017 August 2017 October 2017 October 2018 November 2020 March 2021 October 2022 December 2023 Today
Slide 142: Agenda
Tac [((ceR GROUP Agenda V Company overview V’ Group’s positioning world of wienerberger 142
Slide 143: Italcer positioning versus main players
Key Elements Description Main Players Italcer is the only multi-specialist which has successfully integrated the full range of design surfaces sizes Generalists Multiple or single brand companies producing a full range of product types and usage Every brand generally covers multiple formats, effects
Slide 144: Acquisition Italcer in a nutshell
OUR NEXT GROWTH CHAPTER ACQUISITON ITALCER IN A NUTSHELL Expands wienerberger’s Offers clear Strengthens its position portfolio in the attractive operational and in the European premium façade systems sustainability renovation segment market synergies Italcer EBITDA contribution Highly Enhanc
Slide 145: Outlook for ongoing business
OUR NEXT GROWTH CHAPTER OUTLOOK FOR ONGOING BUSINESS 790 36 30 760 754 One-off 2026 in € mn Operating Operating EBITDA Optimization & wienerberger-specific Operating EBITDA EBITDA 2026 2025 Self-help energy inflation 2026 without energy inflation 145 Note: Operating EBITDA in EUR mn // Rounding diff
Slide 146: Wienerberger 2026 guidance including Italcer
OUR NEXT GROWTH CHAPTER WIENERBERGER 2026 GUIDANCE INCLUDING ITALCER 810 in € mn 790 50 30 754 36 760 One-off 2026 Operating Operating EBITDA Optimization & wienerberger-specific Operating EBITDA Italcer financial* Operating EBITDA EBITDA 2026 2025 Self-help energy inflation 2026 impact guidance 202
Slide 147: Stable targeted leverage of 2.2x through mitigation measures
OUR NEXT GROWTH CHAPTER STABLE TARGETED LEVERAGE OF 2.2X THROUGH € 220 MILLION MITIGATION MEASURES in € mn 2,037 220 1,817 400 1,637 Working capital optimization, 2.2x 2.5x reduction of 2.2x CAPEX and sale of non-core properties Net debt 2025 Italcer aquisition Net debt after Mitigation measures
Slide 148: Outlook 2026
OUR NEXT GROWTH CHAPTER Outlook 2026 Improvement in operating EBITDA to ~ € 810 mn Market We focus on … environment › Persistent geopolitical and macroeconomic uncertainty › Outperforming markets › No structural recovery in › Debt reduction residential construction › Strong cash flow generation ›
Slide 149: Wienerberger mid-term development 2029
wienerberger mid-term development 2029 149
Slide 150: 2029 base case key assumptions
WIENERBERGER MID-TERM DEVELOPMENT 2029 KEY ASSUMPTIONS 2029 base case wienerberger case in stable market environment Assumptions… We focus on … › Flat markets › Outperforming markets › No impact from new building › Realization of synergies housing policy from existing M&As › Inflation covered by › F
Slide 151: Wienerberger base case 2029
WIENERBERGER MID-TERM DEVELOPMENT 2029 WIENERBERGER BASE CASE 2029 in € mn 25 25 1,000 20 25 950 15 880 25 40 810 15 Operating EBITDA Organic Italcer financial Optimization Operating Organic Optimization M&A Operating Organic Optimization Operating quidance 2026 growth impact 2027 measures EBITDA 20
Slide 152: Reaching €1 bn EBITDA in base case
WIENERBERGER MID-TERM DEVELOPMENT 2029 Reaching Even in base case Reducing its (no market growth continuing recession) € 1 bn EBITDA debt level to wienerberger achieving a free cash flow of < 1.5 times will achieve self-funded EBITDA to net debt substantial growth > € 500 mn 152
Slide 153: Growth potential in a significant market recovery scenario
WIENERBERGER MID-TERM DEVELOPMENT 2029 wienerberger's growth potential in a significant market recovery scenario Reaching + > 30% (average annual growth rate above 8%) is substantially above base case 153
Slide 154: We do not wait for the cycle. We create our own growth.
WIENERBERGER MID-TERM DEVELOPMENT 2029 WE DO NOT WAIT FOR THE CYCLE. WE CREATE OUR OWN GROWTH. 154