Slide 1: Alleima
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Slide 2: Fourth quarter 2024
Alleima Fourth quarter 2024 2 ― ― ― ― ― ― ― ― ―
Slide 3: Fourth quarter 2024
Alleima Fourth quarter 2024 3 % % x DPS
Slide 4: Q4 highlights
Alleima | Fourth quarter 2024 Q4 highlights Solid financial performance — Delivering from a solid backlog — Revenue growth Stability through mix shift — Reducing volatility — Increasing profitability long-term Ongoing growth initiatives — Acquisition of Endox — Foundation for further growth Revenues
Slide 5: Market development
Alleima | Fourth quarter 2024 Market development — Mixed marked demand — Soft European market, solid development in Asia, slight recovery in North America Perceived year on year underlying market demand trend CHEMICAL AND INDUSTRIAL OIL AND GAS: PETROCHEMICAL INDUSTRIAL HEATING CONSUMER Year onyear
Slide 6: Alleima
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Slide 7: Earnings
Alleima | Fourth quarter 2024 Earnings Adjusted EBIT at SEK 584 million (682) — Margin of 11.5% (11.6) — Diversified product mix contribution Free operating cash flow of SEK 202 million (400) — Impacted by higher capex Adjusted EBIT SEKM % 700 12 600 40 500 400 300 200 100 Qa a Q2 Q@3 @4 Qi Q2 @3 a4
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Slide 10: Strip
Alleima | Fourth quarter 2024 Strip Strong order intake growth — Organic order intake growth of 32% R12 — Organic revenue growth of -3% — Book-to-bill of 114% R12 Continued market rebound — Large order of pre-coated strip steel — Adjusted EBIT margin of 6.1% (7.3) — FX headwind of SEK -8 million yoy
Slide 11: Ongoing growth initiatives to strengthen the company long-term
Alleima Ongoing growth initiatives to strengthen the company long-term
Slide 12: Alleima
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Slide 13: A world-leading advanced materials company serving ten customer segments
A world-leading advanced ..serving ten customer segments materials company G) — High value-added products in advanced stainless steels and OilandGas = Chemical and Industrial Industrial Consumer special alloys as well as products for industrial heating Petrochemical Heating — Strong market positions
Slide 14: Premium offering across three divisions
Alleima | FY 2024 14.0bn Revenues (SEK) 101% Adj. EBIT margin Tube Seamless tubes and other long products in advanced stainless steels used in OG, nuclear & other energy-related end-markets as well as chemicals, automotive and aerospace Market share Example market positions #1 Umbilical Tubing #1 Ae
Slide 15: Who we are - a niche player in niche markets
Alleima | Capital Markets Day 2023 | 6 Who we are - aniche player in niche markets Total steel market. 1900 zs — > Millon tonnes Total market for industrial furnaces Stainless steel market Total heating market Advanced stainless steel market Special alloys market Ss Thousand tonnes Fine wire and com
Slide 16: Integrated value chain
Customer Need Identification Research & Primary Melting Hot Working Cold Working Finishing Sales & Development Marketing Ensure Enabling close Secure product Prerequisite for new independence and control customer collaboration quality materials and product of value chain development
Slide 17: Global production footprint and go-to-market strategy
Alleima | 7 AN Global production footprint and go-to-market strategy Sandviken, Sweden One of Sweden's — Tube mills (Seamless largest industrial sites in tube and pipe, steam terms of ground area. generator tubing, Z with c. 3,000 people Zirconium tubing) a = cen $ Sales in BO vere, Desocener 40+ 25
Slide 18: Profitable Growth
Alleima | Profitable Growth — Capitalize on the megatrends of energy transition, energy efficiency, electrification, medical growth and capture O&G rebound — Expand through M&A within select key verticals and niches to enable accelerated growth and its diversification across products and end markets
Slide 19: A growth strategy built to capitalize on global megatrends
Alleima | A growth strategy built to capitalize on global megatrends... Changing demographics — Global population growth — Increased consumption and energy demand — Share of people aged +60 years is expected to increase — Increased demand for health care and medical solutions Increasing and changing
Slide 20: Our markets are expected to grow at 7% CAGR until 2027
Our markets are expected to grow at 7% CAGR until 2027... Customer segments growth CAGR 2022-2027 * Chemical and Petrochemical CAGR7% Medical CAGR9% Consumer CAGR 5% Oil and Gas CAGR 5% Hydrogen and Renewable Energy CAGR 49% Industrial Heating CAGR 8% Industrial Mining and CAGR 6% Construction CAGR
Slide 21: Prioritized segments
Prioritized segment Prioritized segments in focus for capital al locat ion Four prioritized segments Hydrogen and Chemical and Petrochemical Growth Renewable Energy Hydrogen and Renewable . Energy Industrial Medical Heating Medical Chemical and 4 Industrial Heatin Petrochemical g Principles for capi
Slide 22: Improved product mix with higher revenues from targeted segments
..indicating an improved product mix with higher revenues from targeted segments... Current revenue split Revenue split ambition** Grow in line with or above targeted end markets — Includes targeted segments as well as attractive niches across the business Increased share of revenues © the targeted
Slide 23: Financial background — focus on resilience
Alleima | | 23 AN Financial background — focus on resilience Organic growth Order intake SEKM (~) @) @) @) (**) SEK M (w«) 19.419 18405 Revenues 22130 21684 16851 5 681 15.654 P E 43925 13847 0 2019 a | 2022 2023 2024 2019 2020 2021 2022 2023 2024 Adj. EBIT and margin % SEKM Free operating cash flow
Slide 24: Nature of the business — metal price effect
Alleima | | * Nature of the business — metal price effect Metal price trend and how it affects different measures AN —|lsolating the effect from metal price changes in the business where market price for metal has a direct impact on pricing. —At constant volumes, mix and lead time the effects can be
Slide 25: Winning platform set to unlock shareholder value
Alleima 25 Winning platform set to unlock share holder value Premium offering with solid market positions and diverse customer segment exposure Fully integrated value chain with prominent metallurgy expertise and global footprint Multiple and tangible levers to deliver profitable growth, capitalizin
Slide 26: Thank you
Alleima Thank you alleima.com \ Alleima