Slide 1: FUCHS GROUP Financial Results FY 2024
FUCHS GROUP Financial Results FY 2024 | Analyst Conference, March 21, 2025 | Stefan Fuchs, Chief Executive Officer | Isabelle Adelt, Chief Financial Officer | Lutz Ackermann, Head of Investor Relations
Slide 2: Company update
01 Company update
Slide 3: Organizational changes
Organizational changes
Slide 4: FUCHS Executive Board
FUCHS Executive Board Stefan Fuchs Dr. Timo Reister Isabelle Adelt Dr. Sebastian Heiner Dr. Ralph Rheinboldt CEO Deputy CEO CFO CTO Chairman of the Board, India, Southeast Asia, Finance, Controlling, EH&S, Procurement, Europe, Middle East Corporate Development, East Asia, Australasia, Investor Relat
Slide 5: Esma Saglik
Esma Saglik born in 1975 in Albstadt • 1998 – 2003: Diploma in business administration (MBA), University Aalen • 2003 – 2004: KIRBY VERTRAGSHANDLUNG (temporary) • 2004 – 2010: HBPO (Germany and UK) • 2010 – 2017: REXNORD INC. (Germany) • 2017 – 2018: Sabbatical • 2018 – 2020: BELDEN ICOS (Germany) –
Slide 6: Mathieu Boulandet
Mathieu Boulandet born in 1982 in Paris • 1998 BSc in physics and chemistry in France • 2000 Studies of physics, chemistry and engineering in France • 2003 MSc in chemical engineering in France • 2005 MSc in industrial technology in France • 2004 – 2017: TOTALENERGIES (France, UAE, South Korea, Denm
Slide 7: Plenty of growth opportunities
Plenty of growth opportunities
Slide 8: We keep daily life moving
WE KEEP DAILY LIFE MOVING The world’s population is growing. By 2050, we will be 10 billion. More people than ever before will drive to work, use smartphones, have lunch, require healthcare. Things we all need in our daily lives. A big challenge for the equipment that provides these basics. That’s w
Slide 9: Moving your world
This is how we are MOVING YOUR WORLD We want to keep the world moving. Everyday. With innovative and technological solutions that have a lasting impact on the future. l9
Slide 10: What lubricants actually do?
What lubricants actually do? Protect surfaces from Reduce friction and corrosion and wear wear in moving systems Cool machines Transfer energy and equipment l 10
Slide 11: Almost everywhere …
Where do lubricants contribute to daily life? Almost everywhere … l 11
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Slide 14: Moving your world
MOVING YOUR WORLD
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Slide 16: Moving your world
MOVING YOUR WORLD
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Slide 18: Moving your world
5 wi 5] A ay ee ; a vin x Nex & “~ as e pu © ig : f ‘ feb MOVING YOUR WORLD
Slide 19: FUCHS is unique in our industry: What is our USP?
FUCHS is unique in our industry What is our USP? Close to our Full Best team Stable customers – product in our shareholder all over the offering industry & no debt world l 19
Slide 20: Strong track record of integrating businesses
Strong track record of integrating businesses (GLOBAL) (DE) (SE) (AU) (US) (GER) (SUI) €21 mn €135 mn €140 mn €25 mn €46 mn €40 mn €15 mn 2010 2015 2019 2024 2014 2016 2022 2025 (DE) Food Gr. Lub. (GER) (US) Start of (ZA) (GB) €7 mn (US) business: €15 mn €15 mn €15 mn €11 mn 2024 l 20
Slide 21: From FUCHS2025 towards FUCHS100
From FUCHS2025 towards FUCHS100 l 21
Slide 22: News from the FUCHS world
News from the FUCHS world
Slide 23: FUCHS opens expanded plant in South Africa
FUCHS opens expanded plant in South Africa With an investment of EUR 26 million, the expansion strengthens the position in key industries such as automotive, mining, OEM, industry and specialty lubricants. l 23
Slide 24: FUCHS expands specialty business
FUCHS expands specialty business Acquisition of Boss Lubricants strengthens future markets and international growth In addition to metalworking and mechanical engineering, the company is gaining further expertise in the future markets of medical and safety technologies. l 24
Slide 25: FUCHS expands presence in South America with joint venture in Peru
FUCHS expands presence in South America with joint venture in Peru Expansion of presence strengthens position in key market segments such as cement and mining as well as in the food and beverage industries. l 25
Slide 26: Another award for climate performance
Another award for climate performance FUCHS SE receives the “Lighthouse Tribute“ of the Global Transition Awards 2024, after the company was already honored in 2023. l 26
Slide 27: Financial Results FY 2024
02 Financial Results FY 2024
Slide 28: Highlights FY 2024
HIGHLIGHTS FY 2024 FUCHS SUCCESSFULLY CONCLUDES 2024 WITH NEW EARNINGS HIGH €3,525 mn Flat sales: Business expansion FY 2024 Outlook FY 2025 Sales: ~ €3.7 bn 0% yoy and external growth vs. price adjustments and FX-effects EBIT: ~ €460 mn €434 mn EBIT with all-time high and margin FVA: ~ €2
Slide 29: Sales development
SALES DEVELOPMENT 2% € mn 936 902 902 886 876 877 887 870 859 832 843 808 Q1 '22 Q2 Q3 Q4 Q1 '23 Q2 Q3 Q4 Q1 '24 Q2 Q3 Q4 l 29
Slide 30: EBIT development
EBIT DEVELOPMENT 0% € mn 113 116 107 111 100 103 100 100 97 93 87 85 Q1 '22 Q2 Q3 Q4 Q1 '23 Q2 Q3 Q4 Q1 '24 Q2 Q3 Q4 l 30
Slide 31: FY 2024 Group sales
FY 2024 GROUP SALES € mn 3,541 19 3,525 -16 -19 (0%) (1%) (-1%) -16 (0%) FY 2023 Organic External Currency FY 2024 l 31
Slide 32: FY 2024 KPI summary
FY 2024 KPI SUMMARY KPI in € mn FY 2024 FY 2023 Sales flat year over year; business expansion and external growth vs. price adjustments and FX-effects Sales 3,525 3,541 Gross margin at 34.5%, well above previous year’s figure of 32.3% Cost of sales -2,310 -2,396 driven by mix and raw materials G
Slide 33: Europe, Middle East, Africa
EUROPE, MIDDLE EAST, AFRICA KPI in € mn FY 2024 FY 2023 Sales down 1% year over year; organic decline from price adjustments offset by external growth; Eastern Europe and South Sales 2,029 2,041 Africa with business expansion Organic growth -34 (-2%) 49 (2%) External growth through acquisition o
Slide 34: Asia-Pacific
ASIA-PACIFIC KPI in € mn FY 2024 FY 2023 Sales slightly higher year over year; business expansion Sales 986 979 offsetting price-related declines Organic growth 23 (2%) 124 (13%) Organic growth of 2% driven by business expansion in esp. External growth - - China, Australia, Japan, India as well
Slide 35: North and South America
NORTH AND SOUTH AMERICA KPI in € mn FY 2024 FY 2023 Sales slightly down year over year due to mix and currency Sales 678 687 Positive business expansion in the US specialty segment as well Organic growth -3 (0%) 89 (14%) as in Mexico; business activities in Argentina remain challenging External
Slide 36: Net liquidity
NET LIQUIDITY Free cash flow before acq. €306 mn € mn 302 14 3 -13 -79 -146 112 -101 41 -51 Net liq. Dec. Earnings D&A ./. NOWC Other SBB Dividend Acquisitions Other Net liq. Dec. 2023 after tax Capex Changes Changes 2024 l 36
Slide 37: Net operating working capital (NOWC)
NET OPERATING WORKING CAPITAL (NOWC) Q4 23 vs Q4 24: Inventories +€43 mn Rec. ./. Liab. -€4 mn € mn Rec. ./. Liab.* Inventories 871 NOWC (in %) 823 839 798 768 729 236 671 262 261 262 201 205 164 495 577 635 561 567 524 537 507 136 359 25.0% 22.6% 22.7% 23.2% 23.3% 22.3% 21.6% 19.4% Q4 2020 Q4 2021
Slide 38: Different price developments for raw material basket
DIFFERENT PRICE DEVELOPMENTS FOR RAW MAT. BASKET Q4 Q1 and beyond Base Europe and Americas with Pricing expected to be largely Oils slightly lower prices, Asia flat stable across all regions Overall largely stable price Prices expected to stay Additives development broadly stable l 38
Slide 39: 23 consecutive years with dividend increases
PAVING THE WAY TO BECOME DIVIDEND ARISTOCRAT DIVIDEND PROPOSAL CONFIRMS TRACK RECORD 23 consecutive years The Executive and Supervisory Board will +5% with dividend propose an increase of €0.06 dividend payment per share class to the Annual increases General Meeting proposed €1.17 €1.16 (1.11) (1.10
Slide 40: Outlook marking a step towards FUCHS2025 target
OUTLOOK MARKING A STEP TOWARDS FUCHS2025 TARGET March, 21st 2024 2025 KPI* in € mn Sales 3,525 ~ 3,700 ~5% sales growth mainly volume-driven, assuming mostly stable prices EBIT 434 ~ 460 Strict cost management vs. higher personnel- and digitalization cost FVA 245 ~ 260 Higher earnings vs. higher cap
Slide 41: Financial calendar & contact
FINANCIAL CALENDAR & CONTACT Financial Calendar 2025 Investor Relations Contact FUCHS SE April 30, 2025 Quarterly Statement Q1 2025 Einsteinstr. 11 68169 Mannheim May 7, 2025 Annual General Meeting Phone: +49 (0) 621 3802-1110 www.fuchs.com/group/investor-relations July 31, 2025 Half-year Financial
Slide 42: FUCHS GROUP Financial Results FY 2024 Q&A
FUCHS GROUP Financial Results FY 2024 | Q&A
Slide 43: Disclaimer
DISCLAIMER The information contained in this presentation is for background purposes only and is subject to amendment, revision and updating. Certain statements and information contained in this presentation may relate to future expectations and other forward-looking statements that are based on man