Wacker Chemie Ag · XETR:WCH
Wacker Chemie — Non-Deal Roadshow (May 2025)
20 slides from Wacker Chemie's roadshow presentation, May 2025
Slide 1: WACKER – Specialties, Customer Focus and Efficiency
CREATING TOMORROW’S SOLUTIONS WACKER – Specialties, Customer Focus and Efficiency Wacker Chemie AG May 2025 Wacker Chemie AG – Roadshow Presentation May 2025 0
Slide 2: 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
Slide 3: WACKER: At a Glance
WACKER: At a Glance Facts & Figures 2024 POLYSILICON No. 1 in semi SILICONES €5.7bn €763m No. 2 Sales EBITDA 13.3% 5.0% Sales EBITDA margin ROCE FY 2024 27 21 POLYMERS Production Sites Technical Centers No. 1 4 16,637 OTHERS BIOSOLUTIONS Segments Employees Leading in niches Wacker Chemie AG – Roadsh
Slide 4: SILICONES: At a Glance
SILICONES: At a Glance Financial Performance 20% 17% 15% €480m €435m The Fully Integrated Pull from Sustainability for Specialty Supplier Specialty Solutions Customer’s first choice for Silicones with unmatched €108m innovative and customized solutions performance & versatility in all regions
Slide 5: POLYMERS: At a Glance
POLYMERS: At a Glance Financial Performance 17% 16% 10% €252m €206m VAE/DPP1 Capacity Leader Pull from Sustainability and with World Class Tandems Smart Construction Customized service to key accounts Performance-based substitution in €37m and local champions in the regions construction and bind
Slide 6: BIOSOLUTIONS: At a Glance
BIOSOLUTIONS: At a Glance Financial Performance 16% 9% 6% €375m Fast Growing Biotechnology Pull from Advanced €197m Business Medicine and Clean Food €91m Leading microbial manufacturing CDMO outsourcing trend with high technologies potential CDMO for advanced medicines Consumer focus on heal
Slide 7: POLYSILICON: At a Glance
POLYSILICON: At a Glance Financial Performance 23% 28% 12% €400m Extend #1 Leadership Capture Opportunities in €222m Position in High End Semi Solar Leading edge design rules rely on Best-in-class sustainability & perfect 3D architecture + perfect regional differentiation €29m material Fast ma
Slide 8: Our 2030 Targets: Refining Our Strategy to Adapt to Changing Market Conditions
Our 2030 Targets Refining Our Strategy to Adapt to Changing Market Conditions Group 2030 Targets Sales: > €10bn Focus on margin / mix over volume ROCE: 2x Cost of Capital EBITDA Margin: >20% CO2e: -50% Emissions Wacker Chemie AG – Roadshow Presentation May 2025 7
Slide 9: Drive Group EBITDA Margin to >20% by 2030
Drive Group EBITDA Margin to >20% by 2030 CHEMICALS BIOSOLUTIONS POLYSILICON Grow high-margin specialties & Leverage technology and fill new Continue Semi expansion & capitalize capitalize on regional opportunities capacities on regional solar prices EBITDA margin: > 20% EBITDA margin: > 2
Slide 10: Clear Focus on Cost & Efficiency Measures
Clear Focus on Cost & Efficiency Measures Savings Savings Savings > €100m p.a. > €75m p.a. > €25m p.a. Digitalization & Specific initiatives Regionalization as cost automatization 2024 - 2026 & efficiency driver Automation of production processes Focus on maintenance spend & Excellence hub, Cz
Slide 11: CapEx With Focus On Highly Profitable Growth
CapEx With Focus On Highly Profitable Growth Target CapEx split 2025-26 Flexible CapEx program €500-800m p.a. 709 666 547 Sustainability/MoB 344 2021 2022 2023 2024 2025e Going Forward Growth Investments according to market environment Diversified portfolio of downstream projects Cost/Efficiency
Slide 12: Solid Financial Foundation Supports Growth & Shareholder Returns
Solid Financial Foundation Supports Growth & Shareholder Returns 1) Growth 2) Shareholder returns CapEx Dividend policy unchanged CapEx > Depreciation ~ 50% of net income from continuing operations M&A 2024 dividend proposal €2.50 Earnings-accretive / early-stage bolt-ons Foundation: Strong
Slide 13: ESG Agencies Rank WACKER with Top Ratings
SUSTAINABILITY ESG Agencies Rank WACKER with Top Ratings Best practice management of climate related risks & opportunities CDP: ISS ESG: MSCI: Ecovadis: Sustainalytics: 2024 Climate Prime, Rating B- BB rating Top 5% of all “Management of Change: A Score companies rated material ESG issues Water Secu
Slide 14: Ambitious Targets for 2030
SUSTAINABILITY Ambitious Targets for 2030 Value Up Footprint Down Collaboration Beyond Reduction in absolute GHG1 100% Products meet sustainability criteria 50% emissions (vs. 2020) 100% Key suppliers meet sustainability standards Reduction in absolute Reduction in specific water 15% withdrawal (vs.
Slide 15: Q1 2025 Results
Appendix Q1 2025 Results In €m Q1 2025 Q1 2024 % YoY Sales 1,478 1,490 -1% EBITDA reported 127 172 -26% EBITDA-Margin 8.6% 11.6% EBIT 0.4 63 -99% EBIT-Margin 0.0% 4.2% Net income for the period -3 48 - EPS -0.16 0.89 - CapEx 93 117 -21% Net Cashflow -165 -126 31% Net Debt 880 308 >100% Wacker Chemie
Slide 16: Q1 2025 Results – Breakdown by Business
Appendix Q1 2025 Results – Breakdown by Business FY 2024 FY 2023 Q1 2025 Q1 2024 EBITDA EBITDA EBITDA EBITDA In €m / % SALES EBITDA MARGIN SALES EBITDA MARGIN SALES EBITDA MARGIN SALES EBITDA MARGIN Chemicals 4,269 542 12.7 4,321 490 11.3 1,105 145 13.1 1,083 137 12.6 SILICONES 2,805 347 12.4 2,741
Slide 17: Guidance FY 2025
Appendix Guidance FY 2025 In €m FY 2024 Outlook 2025 Sales 5,722 €6.1 – 6.4bn EBITDA 763 €700 – 900m EBITDA margin (%) 13.3 On par with last year Net cash flow -326 Positive, substantially higher than last year CapEx 666 Significantly lower than prior year, slightly above depreciation Net Debt 691 O
Slide 18: Progress Towards Ambitious Group Sustainability Targets
Appendix Progress Towards Ambitious Group Sustainability Targets 2020 2021 2022 2023 2024 2030 Target Net Zero 100% 93% 87% 72% 76% 100% reduction by 2045 Value Up Sustainable products 83% 89% 90% 94% 94% 100% of products meet defined sustainability criteria Diversity: Women in management 17% 19% 21
Slide 19: Key Raw Materials, Power and Gas
Appendix Key Raw Materials, Power and Gas Si-Metal (€/mt) Electricity (€/MWh) 10,000 500 8,000 400 6,000 300 4,000 200 2,000 100 0 0 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Source: CRU, Si-Metal Spot FD Europe Source: EEX, Baseload Front Contract Avg. Month VAM (€/mt) Natural Gas (€/MWh) 4
Slide 20: WACKER: Issuer, Contact and Additional Information
WACKER: Issuer, Contact and Additional Information Issuer and Contact Financial Calendar INVESTOR RELATIONS CONTACTS July 31, 2025 Q2 2025 Results Joerg Hoffmann, CFA Oct. 30, 2025 Q3 2025 Results Tel. +49 89 6279 1633 | joerg.hoffmann@wacker.com Scott McCollister Tel. +49 89 6279 1560 | scott.mccol