Slide 1: FY/Q4 2024/25 Earnings Call
FY/Q4 2024/25 Claus Sauter (CEO), Olaf Tröber (CFO) Earnings Call 25.09.2025
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking information, which is based on assumptions and estimates of the company management of Verbio SE. Even though company management believes that these assumptions and estimates are correct, the actual future development and actual future results can
Slide 3: Key figures FY 2024/25
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Key figures FY 2024/25 Production in kt* and GWh EBITDA in € m Net debt in € m Equity ratio Biodiesel in kt Bioethanol in kt RNG in GWh 121.6 1,190.3 1,100.2 164.0 67.4% 58.2% 637.3 619.3582.6 521.4 14.2 3
Slide 4: Margin uplift delivered despite challenging markets
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Margin uplift delivered despite challenging markets Development of gross margin o Premium remained above the market spread, confirming continued value capture over the in €/t of biodiesel and bioethanol so
Slide 5: Overview Q4 2024/25: Biodiesel provides consistent earnings support
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Overview Q4 2024/25: Biodiesel provides consistent earnings support Group EBITDA by segments Q4 2023/24 vs. Q4 2024/25 vs. Q3 2024/25 in € m 50 Biodiesel Bioethanol 39.5 Other Group 40 1.2 9.9 30 20 5.4 28
Slide 6: Biodiesel segment
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Biodiesel segment Sales in € m EBITDA in € m Production in kt 30 50.0% 400 EBITDA margin 40.0% 20.8 300 244.4 20 16.8 30.0% 210.3 200 160.1 20.0% 133.0 10 8.0% 8.5% 10.0% 100 0.0% 0 0 -10.0% Q3 24/25 Q4 Q4
Slide 7: Biodiesel market development (Europe)
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Biodiesel market development (Europe) Market spreads in €/t Biodiesel and rapeseed oil in €/t of biodiesel in 2024/25 400 1,300 2023/24 1,200 300 2024/25 1,100 200 1,000 Biodiesel 100 900 Rapeseed oil 0 80
Slide 8: Bioethanol/Biomethane segment
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Bioethanol/Biomethane segment Sales in € m Bioethanol Production in kt EBITDA in € m 400 RNG Production in GWh 20.0 305.6 325.0 10.0 300 0.0 181.5 186.1 200 145.7 162.6 -10.0 100 -20.0 -14.0 -30.0 -26.3 0
Slide 9: Bioethanol market development (Europe)
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Bioethanol market development (Europe) Market spreads in €/t Bioethanol and wheat in €/t of bioethanol in 2024/25 300 2023/24 1,000 Bioethanol 2024/25 Wheat 900 200 800 100 700 0 600 Jul Aug Sep Oct Nov De
Slide 10: Bioethanol market development (USA)
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Bioethanol market development (USA) Market spreads in €/t Bioethanol and corn in €/t of bioethanol in 2024/25 300 2023/24 600 Bioethanol 2024/25 Corn 200 500 100 400 0 300 Jul Aug Sep Oct Nov Dec Jan Feb M
Slide 11: GHG quota development
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A GHG quota development GHG quota price development in €/t CO2-eq 160 RED III transposition – Draft Amendment to the 38th Ordinance – Draft: • suspend the carry forward of the GHG quotas from 2024 to the obl
Slide 12: RED III: Stronger framework, broader demand
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A RED III: Stronger framework, broader demand Key draft items Key implications o GHG reduction targets extended to 2040: 53% cut vs. fossil reference o Single counting drives higher quota prices: 2026 prices
Slide 13: Global biofuel demand accelerates
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Global biofuel demand accelerates EU: • Demand expected to grow 5% in 2025 (excl. SAF); projected +10% in 2026 driven by RED III Canada: transpositions aligning mandates • Tax credits for biodiesel produce
Slide 14: Strategic initiatives aligned with market trends: US expansion
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Strategic initiatives aligned with market trends: US expansion Biorefinery in Nevada, Iowa, in brief: o Impact: Scaling bioethanol & biomethane output, driving higher energy sales and positive EBITDA once
Slide 15: Strategic initiatives aligned with market trends: India expansion
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Strategic initiatives aligned with market trends: India expansion Biomethane plant in Chandigarh, Punjab, in brief: o Impact: Processing ~120 kt1 of agricultural residues annually (otherwise burnt) avoidin
Slide 16: Building resilience: strategic expansion of product range
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Building resilience: strategic expansion of product range Ethenolysis plant in Bitterfeld, in brief: o Impact: Enhances resilience through new end markets; expanding biobased chemical portfolio o Timeline:
Slide 17: Guidance 2025/26
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Guidance 2025/26 2023/24 2024/25 2025/26E Production Biodiesel Capacity in kt 710,000 t 710,000 t 710,000 t Emissionsreduktion bei Erdgasfahrzeugen 89.8% 87.2% ↑ yoy Capacity utilisation im Vergleich zu Di
Slide 18: Capital allocation priorities 2025/26
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Capital allocation priorities 2025/26 Investments in PPE in € m o Capex development: prioritisation of high- 300 impact, value-generating investments incl. Ethenolysis plant and South Bend 251.2 250 o Main
Slide 19: Q&A
FY in brief Q4 financial performance Market outlook Strategic initiatives Guidance 2025/26 Q&A Q&A You can participate in the Q&A in one of the following ways: 1. Type your question: o Enter your question in the chat box. o Be sure to include your name and company name. 2. Request to Use Your Microp
Slide 20: Appendix
Verbio Appendix Pioneering green solutions
Slide 21: Context: BImSchG under RED II Framework
Appendix Context: BImSchG under RED II Framework CO₂ reduction in % compared to the reference value of 94.1 g CO₂e/MJ Sub-mandate for advanced biofuels (Annex IX Part A) in % e.c 2022 2023 2024 2025 2026 2027 2028 2029 2030 2,6% -7,0% -8,0% 1,7% 1,7% -9,4% -10,6% -12,1% 1% 1% -14,6% 0,7% 0,2% 0,3% 0
Slide 22: Regulatory Outlook: RED III Draft Implementation
Appendix Regulatory Outlook: RED III Draft Implementation* *changes compared to RED II implementation are highlighted in blue CO₂ reduction in % compared to the reference value of 94.0 g CO₂e/MJ Sub-mandate for advanced biofuels (Annex IX Part A) in % e.c 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 2,5% 2,5% 2
Slide 23: Verbio SE www.verbio.de
Verbio SE Ritterstraße 23 T +49 341 308530-0 04109 Leipzig F +49 341 308530-999 Germany info@verbio.de www.verbio.de
Slide 24: Point of contact
Point of contact Ulrike Kurze Alina Köhler Marketing & PR Investor Relations Ritterstraße 23 (Oelßner‘sHof) Ritterstraße 23 (Oelßner‘sHof) 04109 Leipzig 04109 Leipzig E-Mail: pr@verbio.de E-Mail: ir@verbio.de 24