Sfc Energy Ag · XETR:F3C
Sfc Energy — Q3 2025 Earnings Presentation
17 slides from Sfc Energy's earnings presentation, Nov 18, 2025
Slide 1: SFC Energy AG Investor Presentation 9M 2025
SFC Energy AG Investor Presentation 9M 2025 Dr. Peter Podesser (CEO), Daniel Saxena (CFO) SFC Energy AG ©SFC Energy I November 2025 1
Slide 2: Disclaimer
DISCLAIMER THIS PRESENTATION IS BEING PROVIDED TO YOU SOLELY FOR YOUR INFORMATION. IN PARTICULAR, THIS PRESENTATION MUST NOT BE PUBLISHED OR DISTRIBUTED IN THE UNITED STATES OF AMERICA (THE “UNITED STATES”), AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION IS UNLAWFUL. ANY
Slide 3: Forecast 2025
Forecast 2025 I As of 31 July 2025 Sales Development Adjusted EBITDA Adjusted EBIT in mEUR in mEUR in mEUR (146.5 – 161.0) 144.8 22.0 15.6 118.1 (13.0 – 19.0) 15.2 9.7 (5.0 – 11.0) FY 2023 FY 2024 FY 2025E FY 2023 FY 2024 FY 2025E FY 2023 FY 2024 FY 2025E ©SFC Energy I November 2025 3
Slide 4: Strategic clarity
Strategic clarity A changing world with increasing energy needs – sustainable, off-grid, secure and economically viable. ©SFC Energy I November 2025 4
Slide 5: Fast-growing addressable fuel cell market benefiting from structural growth drivers
Fast-growing addressable fuel cell market benefiting from structural growth drivers Addressable Market Today… …with Significant Growth Ahead… ...Driven by Structural Tailwinds Global fuel cell market in 2024 (MW) Annually serviceable fuel cell market (in mEUR)1 Need for resilient, decentralized ener
Slide 6: Comprehensive range of fuel cell platforms and proprietary membrane technology
Comprehensive range of fuel cell platforms and proprietary membrane technology Addressable power level by technology platform Fuel Cell stack and MEA 500 PEM Hydrogen Fuel Cells up to 200 kW 100 Modular Hydrogen Fuel Cell Solutions PEM Hydrogen Fuel Cells Energy solutions for decen- 1.7 kW – 50 kW t
Slide 7: Market access and business segments
Market access and business segments Strong Global Footprint Reporting Segments Location: Calgary, Canada Location: Swindon, UK Location: Almelo, Netherlands Location: Gurgaon, India Key operations: Clean Energy Key operations: Key operations: Key operations: • R&D • R&D – MEA • R&D • Production & As
Slide 8: Dynamic development in the defense and public security sector
The dynamic development in the defense and public security sector reflects the changing geopolitical environment SFC fuel cells for portable power supply SFC fuel cells for satellite communication SFC fuel cells for on-board power supply SFC fuel cells for portable power supply ©SFC Energy I Novembe
Slide 9: Civil Security and Protection
Civil Security and Protection Surveillance towers for securing Flexible and reliable power supplies floodplains and wind turbines for mobile surveillance trailers Germany Video surveillance USA Singapore Power supply for automated monitoring stations Europe and UK Self-sufficient power supply for CC
Slide 10: 15%-acquisition in Oneberry Technologies
15%-acquisition* in Oneberry Technologies – leader in AI- driven and automated “Security-as-a-Service” solutions Strong platform: The transaction strengthens SFC’s presence in public security, critical infrastructure, border protection, and drone defense markets. Expansion in Asia-Pacific: Singapore
Slide 11: SFC's pillars for growth
SFC’s pillars for growth Market & regional expansion 1 Technology & IP development 2 M&A 3 Expansion of sales and service networks Next Generation of DMFC Fuel Cells in Acquisition of system integrators in globally with focus on the USA, Asia and Defense & Public Security growing markets to accelera
Slide 12: SFC's holistic approach to sustainability
SFC‘s holistic approach to sustainability – First Sustainability Report coming soon Contributing to sustainable development is a core element of SFC’s overall strategy: Selected ESG key-topics Environment Social Governance Decarbonization Strategy People-first approach Regulations & Reporting Decarb
Slide 13: SFC Financials 9M 2025
SFC Financials 9M 2025 ©SFC Energy I November 2025 13
Slide 14: Key financials 9M 2025
Key financials 9M 2025* I Burdened by macroeconomic uncertainties, tariffs, FX effects and higher cost base Sales Development Adjusted EBITDA & Margin Adjusted EBIT & Margin in mEUR in mEUR in mEUR 1.4 -2.4% 17.3% 13.0% -40.8% -63.4% 10.5% 105.2 102.7 18.2 13.7 4.9% 10.8 5.0 9M 2024 9M 2025 9M 2024
Slide 15: Cash flow 9M 2025
Cash flow 9M 2025* I Decrease in op. cash flow due to lower EBITDA and higher net working capital Operating CF before change in Change in NWC Net cash position NWC in mEUR in mEUR in mEUR Cash and cash equivalents Liabilities to banks 41.1% 56.4 NWC in % of Sales (LTM) 37.6 18.0 21.5 60.5 40.8 10.5
Slide 16: SFC share summary
SFC share summary Share price development & trading volume until 14/11/2025* Shareholder structure Analyst coverage SDAX inclusion on 27.12.2022 DWS ACATIS 2.70% Conduit Ventures Ltd. 8.29% 30 € 1.0 00.000 2.08% 900 .000 25 € NATIXIS 800 .000 2.02% 700 .000 20 € 600 .000 HANSAINVEST 15 € 500 .000 Fr
Slide 17: Thank you for your attention!
Thank you for your attention! Dr. Peter Podesser SFC Energy AG CEO Eugen-Saenger-Ring 7 85649 Brunnthal Daniel Saxena CFO Germany Susan Hoffmeister Investor Relations ir@sfc.com sfc.com ©SFC Energy I November 2025