Vat Group Ag · SIX:VACN

Vat — H1 2022 Earnings Presentation

29 slides from Vat's earnings presentation, 2022

1. Slide 1: Second quarter and half-year 2022 results

   WAT PASSION. PRECISION. PURITY. PASSION.PRECISION.PURITY. VAT - Creating value sustainably Second quarter and half-year 2022 results www.vatvalve.com

2. Slide 2: Second Quarter & Half-Year 2022 Results

   Second Quarter & Half-Year 2022 Results

3. Slide 3: Second Quarter & Half-Year 2022 Results

   Second Quarter & Half-Year 2022 Results

4. Slide 4: Second Quarter & Half-Year 2022 Results

   Second Quarter & Half-Year 2022 Results

5. Slide 5: Second Quarter & Half-Year 2022 Results

   Second Quarter & Half-Year 2022 Results

6. Slide 6: Second Quarter & Half-Year 2022 Results

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7. Slide 7: Second Quarter & Half-Year 2022 Results

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8. Slide 8: Second Quarter & Half-Year 2022 Results

   Second Quarter & Half-Year 2022 Results

9. Slide 9: Second Quarter & Half-Year 2022 Results

   Second Quarter & Half-Year 2022 Results

10. Slide 10: Order intake and backlog growth

    Half-year order intake +31% yoy Half-year order backlog +156% yoy Q2 order Second Quarter & Half-Year 2022 Results intake +40% yoy 1Order backlog as of June 30, 2021 and June 30, 2022

11. Slide 11: Second Quarter & Half-Year 2022 Results

    Second Quarter & Half-Year 2022 Results  

12. Slide 12: Net sales and EBITDA

    549 416 Second Quarter & Half-Year 2022 Results 286 224 192 138 2021 2022 Q2 net sales Half-year net sales Half-year EBITDA 

13. Slide 13: Margin improvement despite significant cost increases

    WAT PASSION. PRECISION. PURITY Margin improvement despite significant cost increases ©, show VAT’s operational excellence "ee. 600 EBITDA 35.0% [io 500 35% 400 32% 300 29% 200 26% ° L | | L | [| | - ) a | 20% H12018 H2 2018 H12019 H2 2019 12020 H2 2020 H12021 H2 2021 H12022 Net Sales MNMEBITDA ==EBI

14. Slide 14: Invested capital, ROIC and free cash flow

    600 60% 500 50% 400 40% 300 30% 200 20% Second Quarter & Half-Year 2022 Results 100 10% 0 0% 2015 2016 2017 2018 2019 2020 2021 6M 2022 Invested Capital USDm NOPAT (LTM) USDm Free Cash Flow (LTM) USDm ROIC % CROIC % WACC %   • • •

15. Slide 15: Second Quarter & Half-Year 2022 Results

    Second Quarter & Half-Year 2022 Results  

16. Slide 16: Second Quarter & Half-Year 2022 Results

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17. Slide 17: Second Quarter & Half-Year 2022 Results

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18. Slide 18: Second Quarter & Half-Year 2022 Results

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19. Slide 19: Second Quarter & Half-Year 2022 Results

    Second Quarter & Half-Year 2022 Results

20. Slide 20: Second Quarter & Half-Year 2022 Results

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21. Slide 21: Second Quarter & Half-Year 2022 Results

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22. Slide 22: Second Quarter & Half-Year 2022 Results

    Second Quarter & Half-Year 2022 Results

23. Slide 23: Second Quarter & Half-Year 2022 Results

    Second Quarter & Half-Year 2022 Results

24. Slide 24: Sales by market segment

      Second Quarter & Half-Year 2022 Results    Semi Display & Solar Advanced Global Service Total Industrials 2016 2017 2018 2019 2020 2021 6M 2021 6M 2022

25. Slide 25: Second Quarter & Half-Year 2022 Results

    Second Quarter & Half-Year 2022 Results

26. Slide 26: Second Quarter & Half-Year 2022 Results

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27. Slide 27: Q&A session

    WAT PASSION. PRECISION. PURITY. PASSION.PRECISION.PURITY. Q&A session Second quarter and half-year 2022 results www.vatvalve.com

28. Slide 28: Second Quarter & Half-Year 2022 Results

    Second Quarter & Half-Year 2022 Results

29. Slide 29: Second Quarter & Half-Year 2022 Results

    Second Quarter & Half-Year 2022 Results

VAT Group — H1 2022 Earnings Presentation on 6ix