Slide 1: INDUS Q1 2022 results
[INDUS] Bergisch Gladbach, May 11, 2022
Slide 2: Material developments Q1 2022
MATERIAL DEVELOPMENTS — Q1 2022 SME AGILITY HELPS IN DIFFICULT ENVIRONMENT — Despite a politically and economically tense situation overall, good start to year in all segments except Automotive Technology — Increasing operational challenges due to increase in price of materials and supply chain issu
Slide 3: Q1 2021 Q1 2022 -1.5pp
+11.1% 444.8 400.4 -17.2% -1.5pp 25.0 20.7 6.2 4.7 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022
Slide 4: - 1.0pp Q1 2021 Q1 2022
+6.7% 504.2 538.0 -1.0pp +83.3% 42.4 41.4 -15.0 -27.5 Q1 2021 Q1 2022 Dec. 31, 2021 Mar. 31, 2022 Dec. 31, 2021 Mar. 31, 2022
Slide 5: Investment in growth industries
INVESTMENT IN GROWTH INDUSTRIES [INDUS] MOMENTUM STILL STRONG IN M&A AS OF MAY 11, 2022 — Automation, measuring technology and control engineering . ’ ’ FUTURE — Technology for infrastructure and logistics Promising transactions currently in progress INDUSTRIES — Construction technology Focus on non
Slide 6: Agenda
AGENDA [INDUS] UNSERE DNA PARKOUR - UPDATE INDUS IN ZAHLEN - Q1 2022 AUSBLICK HAUPTVERSAMMLUNG, AKTIE UND DIVIDENDE APPENDIX au FWN =
Slide 7: The SME holding company
THE SME HOLDING COMPANY [INDUS] BUYING AND DEVELOPING HIDDEN CHAMPIONS AMONG SMES We primarily acquire owner- aan = managed companies operating in Ps | lth PFT) the manufacturing SME sector. We ER Sse ie Suide their long-term orientation : i A JL | and support their entrepreneurial development.
Slide 8: INDUS business model
INDUS BUSINESS MODEL GERMAN SMES ARE OUR PASSION — _ INDUSis a leading specialist in the long-term investmentin and development of companies in the SME sector of the German- speaking countries — Investing in hidden champions in the manufacturing SME sector — Diversified portfolio of 47 companies — G
Slide 9: INDUS business model
INDUS BUSINESS MODEL INDUS AS... MAJORITY SHAREHOLDER — Long-term holding perspective — Operational responsibility remains with the portfolio companies — Preservation of the corporate culture Sait Oil HOLDING COMPANY — Controlling of the portfolio companies — Financing tasks within the framework of
Slide 10: Germany EU Rest of world
Germany EU Rest of world Germany EU Rest of world 10,910 31 10
Slide 11: ISS ESG rating
ISS ESG RATING [INDUS] SUSTAINABILITY AN INTEGRAL PART OF OUR DNA — AWARDED FOR THE SEVENTH TIME “PRIME” STATUS IN ISS ESG RATING — Top position in the ISS ESG rating for the seventh time in a row Corporate ESG — _ INDUS received a "C+" rating in “Corporate ESG Performance” Perfo rmance and hence al
Slide 12: Creating sustainable value
CREATING SUSTAINABLE VALUE OUR PROMISE TO OUR STAKEHOLDERS SHAREHOLDERS PORTFOLIO COMPANIES Shareholders can invest in a highly diversified managed corporate portfolio in the SME sector of the German speaking countries — with a reliable dividend from a stable bottom line. Companies in our Group enjo
Slide 13: Agenda
AGENDA [INDUS] UNSERE DNA PARKOUR - UPDATE INDUS IN ZAHLEN - Q1 2022 AUSBLICK HAUPTVERSAMMLUNG, AKTIE UND DIVIDENDE APPENDIX au FWN = 13
Slide 14: The PARKOUR strategy
THE PARKOUR STRATEGY [INDUS] IMPROVING PERFORMANCE EXPANSION IN THE sy. INNOVATION GROWTH INDUSTRIES A Ok TECHNOLOGICAL CHANGE | + A>) DIGITALIZATION OPERATIONAL INTERNATIONALIZATION EXCELLENCE IMPROVING STRIVING FOR PERFORMANCE SUSTAINABILITY STRENGTHENING 1 PORTFOLIO STRUCTURE 2 DRWINGIINHOVATION
Slide 15: 2017 2019 2021 2016 2018 2020 2022
2017 2019 2021 2016 2018 2020 2022 15
Slide 16: 2. Driving innovation
2. DRIVING INNOVATION [INDUS] HOW INDUS DRIVES INNOVATION AT ITS PORTFOLIO COMPANIES W Ss 65 KNOWLEDGE DEVELOPMENT BANK NETWORK STRATEGIC PROJECTS © Market and trend analyses © Financing of up to 80% © Sharing experience © Deriving innovation © Managing innovation of the project volume + and knowled
Slide 17: 3. Improving performance
3. IMPROVING PERFORMANCE [INDUS] HOW INDUS DRIVES MARKET EXCELLENCE AT ITS PORTFOLIO COMPANIES 6 Ss 6 lit KNOWLEDGE STATUS CHECK NETWORK IMPLEMENTATION © Strengthen methodological © Modular status checks on © Sharing experience © Transformation and competence + strategy, marketing, sales + and knowl
Slide 18: 3. Improving performance
3. IMPROVING PERFORMANCE [INDUS] HOW INDUS DRIVES OPERATIONAL EXCELLENCE AT ITS PORTFOLIO COMPANIES OPERATIONAL EXCELLENCE Ss 6 6 HN KNOWLEDGE STATUS CHECK NETWORK IMPLEMENTATION © Specialized workshops and © Group-wide status checks of © Sharing experience © Support for best practice days productio
Slide 19: Striving for sustainability
i,. STRIVING FOR SUSTAINABILITY [INDUS] HOW INDUS DRIVES SUSTAINABLE PRACTICES AT ITS PORTFOLIO COMPANIES STRIVING FOR SUSTAINABILITY ¥ Ss 6 KNOWLEDGE DEVELOPMENT BANK NETWORK STRATEGIC PROJECTS ~ hee ai ny Seer Ga eames © rntinue binga system + nie gi contri- + Group-wide + at holding company of KP
Slide 20: Agenda
AGENDA [INDUS] UNSERE DNA PARKOUR - UPDATE INDUS IN ZAHLEN - Q1 2022 AUSBLICK HAUPTVERSAMMLUNG, AKTIE UND DIVIDENDE APPENDIX au fFWNnN = 20
Slide 21: Key earning figures
KEY EARNING FIGURES (in EUR million) Q1 2022 Q1 2021 ∆ in % Sales 444.8 400.4 11.1 − EBITDA 47.1 47.7 -1.3 EBIT before one-time effects 27.0 25.0 8.0 EBIT 20.7 25.0 -17.2 EBIT margin (in %) 4.7 6.2 -1.5pp − EBT 15.1 19.8 -23.9 Earnings after taxes 4.6 12.1 -62.1 − CASH FLOW KEY FIGURES Operating cas
Slide 22: One-time effects reconciliation Q1 2022
AUTOMOTIVE TECHNOLOGY SEGMENT Q1 2022 Impairment of fixed assets 2.8 Impairment of contract assets 1.8 Write-down of inventories 0.6 5.2 METALS TECHNOLOGY SEGMENT Q1 2022 Write-down of receivables 0.5 Write-down of inventories 0.6 1.1 RECONCILIATION Q1 2022 EBIT 20.7 One-time effects 6.3 EBIT before
Slide 23: Market developments in Q1 2022
MARKET DEVELOPMENTS IN Q1 2022 [INDUS] ECONOMIC CONDITIONS NEGATIVELY IMPACT OPERATING PERFORMANCE z ¥ x S & 3 ef J J $C )—> |= | CONSTRUCTION/ AUTOMOTIVE MEDICAL ENGINEERING/ — Good start to 2022 due — Supply bottlenecks — Good incoming orders — Mixed picture in the — Incoming orders up to to low f
Slide 24: +29.5% +17.8% +7.6% -17.2% +8.7% 124.3 109.1 106.6 114.7 96.0 69.9 92.6 57.9 35.6
+29.5% +17.8% +7.6% -17.2% +8.7% 124.3 109.1 106.6 114.7 96.0 69.9 92.6 57.9 35.6 38.7 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 24
Slide 25: Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021
+19.6% +73.0% +10.9% <-100% 0.0% 14.8 17.7 8.9 15.4 10.1 11.2 -9.7 -24.0 3.1 3.1 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 25
Slide 26: Q1 2022 Q1 2021 ∆ in %
(in EUR million) Q1 2022 Q1 2021 ∆ in % Revenue with external third parties 124.3 96.0 29.5 − EBITDA 22.7 18.9 20.1 Depreciation/amortization -5.0 -4.1 -22.0 EBIT 17.7 14.8 19.6 − EBIT margin (in %) 14.2 15.4 -1.2pp Investments 1.7 3.4 -50.0 − +29.5% 15.4% 14.2% +19.6% − 124.3 96.0 14.8 17.7 − Q1 20
Slide 27: Automotive Technology — Q1 2022
AUTOMOTIVE TECHNOLOGY — Q1 2022 NEGATIVE EFFECTS BUILD UP IN A DIFFICULT MARKET ENVIRONMENT Reduced car production Strong rise in material prices Strong rise in energy and logistics costs Sanctions against Russia Lack of supplier parts from Ukraine leads to reduction or in some cases complete stands
Slide 28: Q1 2022 Q1 2021 ∆ in %
(in EUR million) Q1 2022 Q1 2021 ∆ in % Revenue with external third parties 57.9 69.9 -17.2 − EBITDA -15.1 -3.1 <-100 Depreciation/amortization -8.9 -6.6 -34.8 − EBIT -24.0 -9.7 <-100 EBIT margin (in %) -41.5 -13.9 -27.6pp Investments 4.8 6.0 -1.2 − -17.2% -13.9% − 69.9 -41.5% 57.9 <-100% -9.7 -24.0
Slide 29: Q1 2022 Q1 2021 ∆ in %
(in EUR million) Q1 2022 Q1 2021 ∆ in % Revenue with external third parties 109.1 92.6 17.8 − EBITDA 21.0 14.2 47.9 Depreciation/amortization -5.6 -5.3 -5.7 EBIT 15.4 8.9 73.0 − EBIT margin (in %) 14.1 9.6 4.5pp Investments 2.3 27.5 -91.6 14.1% − +17.8% +73.0% − 92.6 109.1 9.6% 15.4 8.9 Q1 2021 Q1 2
Slide 30: Q1 2022 Q1 2021 ∆ in %
(in EUR million) Q1 2022 Q1 2021 ∆ in % Revenue with external third parties 38.7 35.6 8.7 − EBITDA 5.7 5.8 -1.7 Depreciation/amortization -2.6 -2.7 3.7 EBIT 3.1 3.1 0.0 − EBIT margin (in %) 8.0 8.7 -0.7pp Investments 1.3 0.8 62.5 − 8.7% +8.7% − 8.0% 0.0% 35.6 38.7 3.1 3.1 Q1 2021 Q1 2022 Q1 2021 Q1
Slide 31: Q1 2022 Q1 2021 ∆ in %
(in EUR million) Q1 2022 Q1 2021 ∆ in % Revenue with external third parties 114.7 106.6 7.6 − EBITDA 15.3 14.0 9.3 Depreciation/amortization -4.0 -3.8 -5.3 EBIT 11.2 10.1 10.9 − EBIT margin (in %) 9.8 9.5 0.3pp Investments 1.3 0.7 85.7 − 9.8% +7.6% 9.5% +10.9% 106.6 114.7 10.1 11.2 Q1 2021 Q1 2022 Q
Slide 32: Agenda
AGENDA [INDUS] UNSERE DNA PARKOUR - UPDATE INDUS IN ZAHLEN - Q1 2022 AUSBLICK HAUPTVERSAMMLUNG, AKTIE UND DIVIDENDE APPENDIX au fwWwWnN =
Slide 33: Economic environment — outlook for 2022
ECONOMIC ENVIRONMENT — OUTLOOK FOR 2022 GLOBAL ECONOMY DOMINATED BY NUMEROUS UNCERTAINTIES — Russia-Ukraine war now impacting all manufacturing sectors of the economy — Global inflation at record high (euro area +7.4%) — Globally disrupted trade relations adversely affect production processes — GfK
Slide 34: Segments group plan 2022
SEGMENTS GROUP 2021 PLAN Group sales (in EUR billion), segment sales (in EUR million) 1.74 1.80–1.95 EBIT (in EUR million) 115.4 115–130 EBIT margin (in %) 6.6 6.0–7.0 Acquisitions 2 2 Investments in 67.3 90–100 property, plant and equipment and intangible assets (in EUR million) Greenhouse gas emis
Slide 35: Our seven-point target for 2025
OUR SEVEN-POINT TARGET FOR 2025 [INDUS] ADAPTED TO UPDATED PARKOUR STRATEGY 1 55 to 60 portfolio companies with sales significantly over EUR 2 billion. 2 EBIT target margin of 10% once again reliably achieved. 3 Growth industries clearly represented in the portfolio. 4 Innovation established as grow
Slide 36: Agenda
AGENDA [INDUS] UNSERE DNA PARKOUR - UPDATE INDUS IN ZAHLEN - Q1 2022 AUSBLICK HAUPTVERSAMMLUNG, AKTIE UND DIVIDENDE APPENDIX au FWN =
Slide 37: Annual Shareholders' Meeting 2022
ANNUAL SHAREHOLDERS’ MEETING 2022 ONLINE AGAIN — The virtual Annual Shareholders’ Meeting will take place on May 31, 2022 — Board of Management and Supervisory Board propose to the Annual Shareholders’ Meeting the payment of a dividend of EUR 1.05 per share — All important documents and information
Slide 38: Dividends
3.8% 60.0% 51.9% 48.0% 3.2% 42.7% 43.9% 41.9% 2.7% 2.6% 2.5% 2.5% 2.1% 24.6% 77.2 83.5 70.1 76.3 €1.50 €1.50 79.6 54.4 €1.20 €1.35 €1.05 35.8 €0.80 €0.80 2015 2016 2017 2018 2019 2020 2021 2015 2016 2017 2018 2019 2020 2021 Dividends Dividend yield INDUS Holding AG balance sheet profit* Distribution
Slide 39: Shareholder structure
VERSICHERUNGSKAMMER BAYERN 17.7% H. J. SELZER ET AL. 5.7% WIRTGEN INVEST HOLDING 3.7% EPINA 2.7% FREE FLOAT* 70.2% 39
Slide 40: Agenda
AGENDA [INDUS] UNSERE DNA PARKOUR - UPDATE INDUS IN ZAHLEN - Q1 2022 AUSBLICK HAUPTVERSAMMLUNG, AKTIE UND DIVIDENDE APPENDIX au FWN = 40
Slide 41: For listening!
FOR LISTENING! From left to right: Dr. Jorn Gro®mann (Board of Management) Rudolf Weichert (Board of Management) Dr.-Ing. Johannes Schmidt (Chairman of the Board) Axel Meyer (Board of Management) INDUS
Slide 42: Contact
CONTACT IR PR INVESTOR RELATIONS DAFNE SANAC ey +49 (0) 2204-4000-32 Ba investor.relations@indus.de [INDUS] PUBLIC RELATIONS NINA WOLF © +49 (0) 2204-4000-73 D4 presse@indus.de y 42
Slide 43: Financial calendar
FINANCIAL CALENDAR FINANCIAL EVENTS IN 2022 [INDUS] DATE EVENT LOCATION May 11, 2022 Publication of the interim report for Q1 2022 Publication May 31, 2022 Annual Shareholders’ Meeting 2022 Virtual August 10, 2022 Publication of the interim report for Q2/H1 2022 Publication November 10, 2022 Publica
Slide 44: INDUS portfolio companies
INDUS PORTFOLIO COMPANIES CONSTRUCTION/ INFRASTRUCTURE [INDUS] COMPANY DESCRIPTION LOCATION ancotech Anchoring and reinforcement technology Dielsdorf (CH), Cologne (DE), Lauchhammer (DE), Rossens (CH) Beromsx' Anchoring and reinforcement technology Neuss (DE), Halle (DE) Sealants made from silicone
Slide 45: INDUS portfolio companies
INDUS PORTFOLIO COMPANIES AUTOMOTIVE TECHNOLOGY COMPANY DESCRIPTION [INDUS] LOCATION AURORA tt Heating and air conditioning systems for vehicles Mudau (DE), Grand Rapids (US), Ergene/Tekirdag (TR), Nuenen (NL), Weert (NL) asreyse? Innovative cold extrusion parts, turning parts and locking screws Hil
Slide 46: INDUS portfolio companies
INDUS PORTFOLIO COMPANIES [INDUS] ENGINEERING COMPANY DESCRIPTION LOCATION 2ASS< Robotic hands and automation systems for manufacturers Overath (DE), Plymouth (US), Worth an der Donau (DE) BUPDE Specialist in logistics and material flows Bielefeld (DE), Delmenhorst (DE), Murrhardt (DE), Schmalkalden
Slide 47: INDUS portfolio companies
INDUS PORTFOLIO COMPANIES MEDICAL ENGINEERING/LIFE SCIENCE [INDUS] COMPANY DESCRIPTION LOCATION imeco Assembly of non-woven fabrics for medical, cosmetic, cleaning and care applications Goldbach (DE), Elterlein (DE), Lubati (PL) mikrcp Miniaturized precision optics Wittenbach (CH), Ka¢ (SRB), Sauerl
Slide 48: INDUS portfolio companies
INDUS PORTFOLIO COMPANIES METALS TECHNOLOGY COMPANY DESCRIPTION [INDUS] LOCATION »BETEK Carbide tools for road construction and mining, tunneling and specialist civil engineering, agriculture, etc. Aichhalden (DE), Charlotte (US), Taicang (CN) oa Metal and lead parts, components, switch cabinets, ma
Slide 49: Disclaimer
INDUS HOLDING AG [INDUS] DISCLAIMER This presentation was prepared by INDUS Holding AG (hereafter INDUS) and is intended for information purposes only. It constitutes neither an offer nor a solicitation to buy or sell securities and cannot be deemed a sufficient or suitable basis for making any deci