Munters Group Ab · OMXSTO:MTRS
Munters Group Ab — Investor Day (2022)
10 slides from Munters Group Ab's investor day presentation, 2022
Slide 1: Driving value creation
Driving value creation Munters Capital Markets Day 2022 Annette Kumlien , GVP and CFO Staff from our assembly unit in Tokyo, Japan. Munters' Japan sell AirTech and FoodTech applications at three locations: Tokyo, Osaka & Taiwan
Slide 2: Growth, Profit and Cash - central pillars for driving company value
Growth, Profit and Cash - central pillars for driving company value s Operational Excellence x = Performance management q = Value chain processes Growth d & ! = Organic, driven by innovative A = ii solution with strong customer value Z BS = Inorganic, delivery on M&AA ee Capi ot y ‘apital efficiency
Slide 3: Building solid organic growth...
Building solid organic growth... Munters well- positioned towards growth markets Digital roadmap Strategy to capture Digital Ambitions growth opportunities KS Customers ptimization Several initiatives to enhance offering & (OngeniFsttam increase efficiency _ Digital Digital offerings Twin User exper
Slide 4: ... coupled with a well-crafted M&A strategy
... coupled with a well-crafted M&A strategy Core / Consolidation Technology / Digital Services - String of pearls 2 3 3 2 & ” 2 5 D 2 ro 8 4 < 8 = New growth areas * subject to certain corporate and regulatory approvals **[Pxrights- Intellectual property rights 1999-2009 Foundation FT. 2010-2017 2
Slide 5: Profit: Investments for growth will strengthen value creation
Profit (margins) Investments for growth will strengthen value creation Adj. EBITA-% development 12.2 129 qo¥ In Q3 2022 0.6% of WO a 10.4 adj. EBITA was invested in initiatives to 5 strengthen Munters 0 2017 2018 2019 2020 2021 2022* ——Adj EBITA Target Target: Adjusted EBITA margin >14% @® Munters
Slide 6: Profit: Operational excellence — value chain optimization
Profit (margins) Operational excellence — value chain optimization Initiative to secure a transparent & scalable company Global best in class processes & software © oe @ ) systems Lead time reduction, quality improvement & economies of scale Create a scalable R&D, PM & MKT, SALES, SOURCING, OPERATIO
Slide 7: Performance management focus Cash
Performance management focus Cash 2019 * Pre-study of OWC management * New KPls & performance management introduced + Immediate actions including “quick- wins” 2020 2022 * Leverage within Improvement journey target range continues: * Driving best- practice ways of working & implement Leverage struct
Slide 8: Updated financial targets reflects Munters journey
Updated financial targets reflects Munters journey Targets Net sales growth 5 Org. growth p.a. 10% Adjusted EBITA- > 14% margin OWC* (Average (LTM*) 13-10% Operating Working Capital as %-age of Net Sales (R12) ) *LTM = Last Twelve Months SS 2018 2019 2020 2021 2022** 2018 2019 2020 2021 2022** 16 “4
Slide 9: Future ambitions
Future ambitions Cash * Increased focus on OWC*, external financial target Digital journey DIGITALLY ENHANCED @® Munters
Slide 10: ®
® Munters