Slide 1: Q3 2022 Trading Update
Q3 2022 Trading Update October 28, 2022 2022 2021 1 Wendel Q3 2022 Trading Update | October 28, 2022
Slide 2: Q3 2022 trading update key highlights
Q3 2022 trading update key highlights Strong growth year-to-date across the portfolio • 9M 2022 consolidated sales of €6,507.8m, up 17.9% overall and 10.9% organically NAV: €155.2 per share, down 4.5%(1) since the end of June • Down 15.9%(1) year-to-date driven mostly by market declines, whilst the
Slide 3: Trading update – Consolidated sales are up
Trading update – Consolidated sales are up Consolidated sales of €6,507.8m, up +17.9% overall and up +10.9% organically Q3 2022 9M 2022 Consolidated sales (in m€) 2,290.3 6,507.8 Total growth +20.9% +17.9% of which organic growth +12.1% +10.9% of which scope effect +2.2% +2.0% of which FX impact +6.
Slide 4: Strong organic growth across the portfolio
Strong organic growth across the portfolio 9-month consolidated sales: 9 months Q3 organic growth €6.5bn, up +17.9% o/w +10.9% organic growth Q3 consolidated sales: €2.3bn, up +20.9% o/w +12.1% organic growth +25.7% +23.7% +17.7% +18.1% (2) +13.1% +13.0% +13.7% (2) +12.0% +8.7% +7.3% +7.8% +5.3% Bur
Slide 5: NAV of €155.2 as of September 30, 2022
NAV of €155.2 as of September 30, 2022 (in millions of euros) September 30, 2022 Listed equity investments Number of shares Share price(1) 4,370 • Bureau Veritas 160.8 million €24.0 3,860 • IHS Towers 63.0 million $6.4 412 • Tarkett €12.5 98 Investments in unlisted assets(2) 2,938 Other assets and l
Slide 6: Net Asset Value per share bridge year-to-date
Net Asset Value per share bridge year-to-date H1 -12.0% Q3 188.1 -15.8 -4.5% -3.7 Of which -5.7 is due to the drop -2.2 -3.0 Listed +1.5 +0.7 165.6 -8.9 of IHS Towers’ share price assets Unlisted assets Others Dividend Headquarters Share -0.7 -0.9 155.2 +3.0 158.2 paid sale cancellation Listed Unlis
Slide 7: Wendel is financed at 1.7% cost over 2029 on average and has no maturity before 2026
Wendel is financed at 1.7% cost over 2029 on average and has no maturity before 2026 c.€1 bn cash + €750m undrawn credit facility extended to July 2027 Weighted average Cash available cost of bond debt: 1.7% Bond maturities Average maturity: 6.6 years (1) c.€1.7 bn total 500 liquidity Moody’s credit
Slide 8: 9M 2022 key takeaways
9M 2022 key takeways Solid performance across our portfolio Significant portfolio rotation and roll out of the 2021-2024 capital redeployment roadmap notably through the acquisition of ACAMS and the gradual ramp up of the Wendel Lab Regular and measurable progress on ESG Significant uncertainties ah
Slide 9: Financial agenda
Financial agenda 9 Wendel Q3 2022 Trading Update | October 28, 2022
Slide 10: Financial agenda
Financial agenda December 1st, 2022 2022 Investor Day March 17th, 2023 2022 Full Year Results - Publication of NAV as of December 31, 2022 (pre-market release) April 28th, 2023 Q1 2023 Trading update - Publication of NAV as of March 31, 2023 (pre-market release) June 15th, 2023 Annual General Meetin
Slide 11: Disclaimer
Disclaimer • This document has been prepared by Wendel S.E. (“Wendel”) solely for use at the Q3 2022 trading update presentation, to be held on October 28, 2022. This document must be treated confidentially by attendees at such presentation and may not be reproduced or redistributed to any other per
Slide 12: For more information, please visit www.wendelgroup.com
For more information, please visit www.wendelgroup.com 12 Wendel Q3 2022 Trading Update | October 28, 2022