Kardex Holding Ag · SIX:KARN
Kardex — Investor Presentation (March 2026)
32 slides from Kardex's investor presentation, March 2026
Slide 1: Kardex - Company Presentation 2026
Kardex - Company Presentation 2026 03/2026
Slide 2: Agenda
Agenda 1 Introduction to Kardex 2 Automated Products: Kardex Remstar Standardized Systems: 3 Kardex Mlog + Kardex AS Solutions + Rocket Solution 4 Case Studies 5 Sustainability 6 Outlook 7 Investment Case – Why Kardex Kardex Company Presentation 2026 03/2026 2
Slide 3: Introduction to Kardex
Introduction to Kardex Kardex Company Presentation 2026 03/2026 3
Slide 4: Market in Brief – Definition of Intralogistics
Market in Brief – Definition of Intralogistics ▪ Intralogistics optimizes the efficiency of supply chains within the boundaries of a manufacturing and/or distribution center ▪ Intralogistics solutions provider offer a range from purely manual to highly automated solutions ▪ Over the past decade the
Slide 5: Kardex in brief
Kardex in brief ▪ Kardex provides Intralogistics solutions and services to increase the efficiency in storing and handling of goods and materials ▪ Kardex consists of 2 Segments and 4 Business Units which Visit us @ are positioned in attractive growth markets www.kardex.com ▪ Well balanced Business
Slide 6: Kardex in brief – Global Footprint 2025
Kardex in brief – Global Footprint 2025 23% 70% 7% Americas 1% Europe, Middle East and Africa Asia / Pacific Kardex Company Presentation 2026 03/2026 6
Slide 7: Kardex in brief – Profitable and sustainable Business Model
Kardex in brief – Profitable and sustainable Business Model Business Model Market Information ▪ More than 140’000 installed Kardex Remstar machines worldwide with a lot of potential for repeat business ▪ Kardex Mlog with more than 1’000 systems with approx. 2’500 stacker cranes and a lot of moderniz
Slide 8: Strategic growth drivers
Strategic growth drivers Geographical expansion Leverage existing customer Focus on target industry base segments ▪ Increased market penetration ▪ generate additional sales with ▪ Kardex will further exploit with focus on North America existing customers through an focus industry segments with and A
Slide 9: Kardex in brief – Positioning to drive Profitable Growth
Kardex in brief – Positioning to drive Profitable Growth Automation Trend ILLUSTRATIVE Automated Products Standardized Systems Market Volumes Person-to-goods Goods-to-person Integrated Integrated Racking and Automated Stand Alone Shelving Products Subsystems Standard tailor-made Complexity Systems S
Slide 10: Automated Products: Kardex Remstar
Automated Products: Kardex Remstar Kardex Company Presentation 2026 03/2026 10
Slide 11: Automated Products
Automated Products Kardex Remstar ▪ Global organization providing Sales and Service in over 30 countries ▪ Automated solutions focusing on order fulfillment and storage/retrieval of single items ▪ >2’200 FTEs ▪ >140’000 installed solutions ▪ 2 manufacturing sites in Germany and 1 manufacturing site
Slide 12: Kardex Remstar
Kardex Remstar Geographical split 2025* Functions 2025** Industry segments 2025*** 8% 14% 31% 23% 25% 4% 14% 4% 4% 67% 14% 7% 8% 8% 69% Wholesale / Retail / E-commerce Electronics Europe, Middle East and Africa Mechanical Engineering Americas Healthcare / Hospitals Asia/Pacific Automotive / Transpor
Slide 13: Kardex Remstar – Portfolio
Kardex Remstar – Portfolio Vertical Buffer Modules Vertical Lift Modules Horizontal Carousel Modules Vertical Carousel Modules Software Suite Life Cycle Services Focus on automated solutions for order fulfillment and storage/retrieval of single items Kardex Company Presentation 2026 03/2026 13
Slide 14: Standardized Systems: Kardex Mlog + Kardex AS Solutions + Rocket Solution
Standardized Systems: Kardex Mlog + Kardex AS Solutions + Rocket Solution Kardex Company Presentation 2026 03/2026 14
Slide 15: Standardized Systems
Standardized Systems Kardex Mlog Kardex AS Solutions Rocket Solution ▪ German based organization with focus on ▪ Global partner of AutoStore since 2021 ▪ Founded in 2019 Europe ▪ The AutoStore technology is an ▪ Kardex acquired minority stake in 2020 as a ▪ Automated solutions focusing on innovat
Slide 16: Kardex Mlog
Kardex Mlog Geographical split 2025 Functions 2025* Industry segments 2021-2025** 35% 22% 28% 37% 7% 0% 72% 65% 6% 17% 11% ▪ Germany ▪ New Business ▪ Food & Beverage ▪ Rest of Europe ▪ Life Cycle Services ▪ Automotive (Tires) ▪ Rest of world ▪ Wholesale / Retail ▪ Furniture (Kitchen) ▪ Healthcare /
Slide 17: Lightgoods Offering of Kardex
Lightgoods Offering of Kardex 3’200 2’800 performance (presentations per hour) 2’400 2’000 1’600 1’200 800 400 0 2’700 5’400 10’800 21’600 43’200 86’400 capacity (storage locations) Kardex Company Presentation 2026 03/2026 18
Slide 18: Case Studies
Case Studies Kardex Company Presentation 2026 03/2026 19
Slide 19: Kardex Remstar – Case Study
Kardex Remstar – Case Study Customer DHL Supply Chain France Solution Benefits ▪ 3PL provider near Paris, supporting a global To meet these demands, Kardex implemented a fully ▪ 800 replenishment lines/day (1 operator) manufacturer of construction and agricultural automated and scalable solution: ▪
Slide 20: Kardex Mlog – Case Study
Kardex Mlog – Case Study Customer DACHSER Solution Benefits ▪ International family-owned logistics company ▪ Implementation of a fully automated high-bay ▪ Efficiency: the new facility ensures highly efficient headquartered in Kempten, Germany, that offers warehouse with: processes with a minimum of
Slide 21: Kardex AS Solutions – Case Study
Kardex AS Solutions – Case Study Customer Rhenus Solution Benefits ▪ Global third-party-logistics service provider, ▪ Tailored AutoStore system ▪ Among the highest-throughput located in Germany – 531 Red Line robots (generation R5) AutoStore systems worldwide, built for – 237’550 storage bins scalab
Slide 22: Rocket Solution – Case Study
Rocket Solution – Case Study Customer LISCA Solution Benefits ▪ Family-owned Fashion Company, located in To meet these demands, Kardex implemented a fully ▪ 2 GTP Stations handling all 45.928 storage Slovenia, operating all their B2C and B2B channels automated and scalable solution: locations; achie
Slide 23: Sustainability
Sustainability ESG Update Kardex Company Presentation 2026 03/2026 24
Slide 24: Sustainability Highlights 2025
Sustainability Highlights 2025 Guided by leading Sustainability embedded in Progress on sustainability Sustainability is an integral sustainability standards governance structures targets part of the Annual Report ▪ Participation in the ▪ The Board of Directors ▪ Projects launched to ▪ In a dynamica
Slide 25: Outlook
Outlook Kardex Company Presentation 2026 03/2026 26
Slide 26: Outlook (as of March 2026)
Outlook (as of March 2026) ▪ Demand for Kardex’ intralogistics solutions expected to remain strong; reshoring, labor shortages and automation continue to drive structural growth. ▪ Kardex is well-positioned across all Business Units to capitalize on market momentum despite ongoing macro economics un
Slide 27: Investment Case – Why Kardex
Investment Case – Why Kardex Kardex Company Presentation 2026 03/2026 28
Slide 28: Kardex Investment Case
Kardex Investment Case ▪ Intralogistics with robust and high global growth expectation above GDP ▪ Logistics cost as a major cost element for Kardex’ customers lead to a constantly increasing acceptance of automation ▪ Kardex’ solutions and services support sustainability efforts of its customers ▪
Slide 29: Financial Targets (valid since March 2025)
Financial Targets (valid since March 2025) KPI Scope Target Net revenues growth Group EUR 1.5 bn by 2029-2031 EBIT margin* Automated Products 14 - 17% Standardized Systems 5 - 8% Group 10 - 14% ROIC Group > 25% Dividend policy (payout ratio) Group operational Net up to 75% profit Net debt/EBITDA Gro
Slide 30: Information on the Kardex share
Information on the Kardex share Corporate calendar Shareholder structure 2026 Annual General Meeting 30 April 2026 As of 31 December 2025, there were 4’264 shareholders (3’791) entered in the share register. The following shareholders held 3% or more of the outstanding 2026 Interim Report 30 July 20
Slide 31: Information on the Kardex share
Information on the Kardex share Kardex Company Presentation 2026 03/2026 32
Slide 32: Disclaimer
Disclaimer This communication contains statements that constitute “forward-looking statements”. In this communication, such forward-looking statements may include statements on the financial situation, earnings situation and business results of Kardex as well as certain strategic plans and objective