Salzgitter Ag · XETR:SZG

Salzgitter — Investor Presentation (September 2026)

78 slides from Salzgitter's investor presentation, Sep 25, 2026

Slide 1: Presentation of the Group
SALZGITTER AG PRESENTATION OF THE GROUP
Slide 2: Agenda
AGENDA / Salzgitter Group / Market Situation / Business Units / Strategy / Guidance / © 2026 Salzgitter AG / 2
Slide 5: Group Structure and Key Data FY 2025
GROUP STRUCTURE AND KEY DATA FY 2025 Salzgitter Group Salzgitter Group External Sales: € 9.0 billion / EBT: € -27.7 million / Employees: 22,014 Steel Production Steel Processing Trading Technology / External Sales: € 3.2 billion / External Sales: € 1.2 billion / External Sales: € 2.6 billion / Exter
Slide 6: Group Structure
GROUP STRUCTURE Salzgitter Group Salzgitter Group Salzgitter Mannesmann / Salzgitter Klöckner-Werke Industrial Participations / Steel Production Steel Processing Trading Technology Consolidation Salzgitter Flachstahl Mannesmann Precision Tubes Salzgitter Mannesmann Handel Gruppe KHS Verkehrsbetriebe
Slide 7: External Sales 2025 by Product Group
EXTERNAL SALES 2025 BY PRODUCT GROUP Salzgitter Group 10% Other 44% 19% Strip steel Filling- and packaging lines 11% Tubes 8% 8% Plate Section steel Only from entities within the group of consolidated companies of Salzgitter Group, excluding EUROPIPE Group Broad product portfolio / © 2026 Salzgitter
Slide 8: External Sales 2025 by Customer Industries
EXTERNAL SALES 2025 BY CUSTOMER INDUSTRIES Salzgitter Group 10% 15% Other Vehicle construction 18% 13% Food and beverage Construction industry industry 5% 4% Mechanical engineering White goods, electrical equipment 4% 3% Re-Roller Energy sector and utilities 4% 24% Tubes producers Traders, Steel-Ser
Slide 9: External Sales 2025 by Regions
EXTERNAL SALES 2025 BY REGIONS Salzgitter Group 5% Others 8% Asia 11% 42% Americas Germany 4% Other Europe 30% Other EU Sales by consignee (only from entities within the group of consolidated companies of Salzgitter Group, excluding EUROPIPE Group) Share of ex-Germany sales by consignee 58% / © 2026
Slide 10: Key Data Financial Year 2025
KEY DATA FINANCIAL YEAR 2025 Salzgitter Group GJ 2025 GJ 2024 Δ Crude steel production kt 5,880 6,391 -511 External sales1 € million 8,981 10,012 -1,030 EBITDA VX2 € million 406 445 -39 EBITDA € million 376 445 -69 EBT VX2 € million 2 -296 298 EBT € million -28 -296 268 EAT € million -70 -348 278 EP
Slide 11: Balance Sheet
BALANCE SHEET Salzgitter Group Assets Equity & Liabilities 10,465 10,481 10,465 10,481 4,992 5,170 4,449 4,433 Non-current assets Equity 1,638 1,408 Pension provisions 2,741 2,532 Inventories 846 Other non-current 2,299 liabilities Cash and 3,532 securities 1,002 1,065 2,341 Other current assets 1,7
Slide 12: Investments and Depreciation
INVESTMENTS AND DEPRECIATION Salzgitter Group (€ million) 899 401 ~650 Public funding 528 2 received 295 € 290 million3 229 88 ~100 2 498 202 329 299 316 176 152 2024 2025 H1 2026 2026e Scheduled Unscheduled Investments 1 SALCOS® (including grants) HKM additional Depreciation Depreciation 1 Property
Slide 13: Young yet with Great Tradition
YOUNG YET WITH GREAT TRADITION Salzgitter Group 1890 Mannesmannröhren- Werke 1937 1964 2000 Reichswerke AG für Salzgitter Hüttenwerk AG Bergbau und Eisenhütten 1858 1970 1992 1998 Ilseder Hütte Stahlwerke Preussag Stahl AG Salzgitter AG Peine-Salzgitter AG 1597 1990 Ilsenburger Walzwerk Ilsenburg Gm
Slide 15: EU Trade Policy
EU TRADE POLICY Market Situation New steel safeguard measure takes effect / Import quotas halved, with 50% tariff applied to imports exceeding quota / Melt & Pour starting in Q4, expansion to include steel derivatives next year / Significant reduction in imports – impact on prices (+€ 30/t S&P HRC e
Slide 16: ETS Review
ETS REVIEW Market Situation Regulatory framework remains robust / Results not expected until the first half of 2027 at the earliest / The EU ETS remains essentially unchanged Protecting pioneers / Current draft puts pioneering companies at a disadvantage compared to the status quo / Compensatory mec
Slide 17: Raw Material and Energy Prices
RAW MATERIAL AND ENERGY PRICES Market Situation RAW MATERIAL PRICES ENERGY PRICES IRON ORE COKING COAL ELECTRICITY NATURAL GAS (62% Fe CFR C h i n a , U S $ / d m t ) (FOB Australia, U S $ / t ) (Futures market front year EEX, €/MWh) ( Fu t u r es mar k et f r o n t yea r E E X, €/MWh) 150 400 150 1
Slide 18: Price Development CO2 Emission Allowances
PRICE DEVELOPMENT CO2 EMISSION ALLOWANCES Market Situation PRICE OF CO 2 EMISSION ALLOWANCES (€/t) 100 90 80 70 60 50 2024 2025 2026 Political statements on the upcoming review of the ETS weighed on the CO2 price at the beginning of 2026 – gradual increase is expected in the long term / © 2026 Salzg
Slide 19: Steel Prices
STEEL PRICES Market Situation SPOT PRICES NORTHERN EUROPE (€/t) INTERNATIONAL HOT-ROLLED COIL PRICES (€/t) 1,300 1,300 1,100 1,100 900 900 700 700 500 500 300 300 Jan' 24 Jul' 24 Jan' 25 Jul' 25 Jan' 26 Jul' 26 Jan' 24 Jul' 24 Jan' 25 Jul' 25 Jan' 26 Jul' 26 HRC EXW Ruhr Plate EXW Ruhr Medium sectio
Slide 21: Overview
OVERVIEW Steel Production Business Unit CAPABILITIES KEY DATA FY 2025 / Integrated steel works with three blast furnaces Consolidated Sales €m 3,166 / Steel works with two blast furnaces / Top-modern mini mill with two electric arc Earnings before taxes €m -65,6 furnaces Core workforce (12/31) 7,637
Slide 22: Strip Products
STRIP PRODUCTS Steel Production Business Unit SALZGITTER FLACHSTAHL / Hot-rolled coil, cold-rolled coil, electrogalvanized, hot dip SUPPLIER OF PREMIUM OEM galvanized and organic coated sheet / Integrated steel works with 3 blast furnaces / Around 4.7 mt yearly crude steel capacity / Top modern prod
Slide 23: Sections
SECTIONS Steel Production Business Unit PEINER TRÄGER / Medium and heavy steel beams, Peine sections / Progressive and flexible mini mill / Two top-modern electric arc furnaces / Adjusted crude steel capacity 1.0 mt/year / 13% market share in the EU27 / Two of the most efficient section mills worldw
Slide 24: Steel Production
STEEL PRODUCTION Steel Production Business Unit HÜTTENWERKE KRUPP MANNESMANN / Steelworks with two blast furnaces / Production of slabs and tube rounds / Up to 1,000 different active steel grades / Annual steel production > 4 million tons / 2026: Integration into the Salzgitter Group’s transformatio
Slide 25: Processing
PROCESSING Steel Production Business Unit SALZGITTER EUROPLATINEN / Laser-welded tailored blanks for lighter car bodies 2025 2024 Sales €m 62 54 Employees 12/31 90 90 / © 2026 Salzgitter AG / 25
Slide 26: Steel Service Center
STEEL SERVICE CENTER Steel Production Business Unit SALZGITTER MANNESMANN STAHLSERVICE / Two locations EXCELLENT POSITION IN THE HEART OF EUROPE / Modern plants and processes / 600,000 t/year processing capacity Salzgitter Schwerte Karlsruhe Nürnberg 2025 2024 Fellbach Shipments kt 448 456 Sales €m
Slide 27: Metals Trading
METALS TRADING Steel Production Business Unit DEUTSCHE ERZ- UND METALL-UNION GROUP / Specialist trader for ferrous scrap and metals / Service provider for loading activities / Processing of strip steel products 2025 2024 Sales €m 637 767 Employees 12/31 454 460 / © 2026 Salzgitter AG / 27
Slide 29: Overview
OVERVIEW Steel Processing Business Unit CAPABILITIES KEY DATA FY 2025 / Own crude steel supply via Consolidated Sales €m 1,222 Hüttenwerke Krupp Mannesmann / Two rolling mills for plate with 1.1 mt annual Earnings before taxes €m -116,5 capacity Core workforce (12/31) 4,112 / Plate width up to 4,800
Slide 30: Heavy Plate
HEAVY PLATE Steel Processing Business Unit ILSENBURGER GROBBLECH / Broad diversified heavy plate steel grades / Construction plate, fine grained construction plate, alloyed and unalloyed boiler plate, offshore and tube grades / SECURE protection steels / High-strength and wear resistant grades / 6%
Slide 31: Heavy Plate
HEAVY PLATE Steel Processing Business Unit SALZGITTER MANNESMANN GROBBLECH / Heavy plate mill specialized in plate for longitudinally welded line pipe and similar applications, especially for EUROPIPE GmbH / Pipe bending plant for seamless and welded steel tubes in carbon, alloyed, and high-alloy st
Slide 32: Precision Tubes
PRECISION TUBES Steel Processing Business Unit MANNESMANN PRECISION TUBES GROUP / Seamless and welded cold drawn precision tubes for the automotive and engineering industries as well as the energy sector / State of the art push bench plant for the production of Structural Airbags Pump case Stabilize
Slide 33: Line Pipe
LINE PIPE Steel Processing Business Unit MANNESMANN LINE PIPE / HFI-welded medium line pipes incl. plastic- and cement coatings 2025 2024 Sales €m 224 242 Employees 12/31 314 314 MANNESMANN GROßROHR / Spiral-welded large-diameter pipes made of hot-rolled coil 2025 2024 Sales €m 65 78 Employees 12/31
Slide 34: Line Pipes
LINE PIPES Steel Processing Business Unit EUROPIPE GROUP / Shareholder: SZAG 50%, Dillinger Hüttenwerke 50% / Longitudinal welded large-diameter pipes for transcontinental and underwater pipelines / In-house coating activities / Reported at equity 2025 2024 Shipments kt 142 91 Sales €m 203 145 Emplo
Slide 36: Overview
OVERVIEW Tra d in g Busin e ss Un it CAPABILITIES KEY DATA FY 2025 / Own distribution network for steel products with Consolidated Sales €m 2,629 warehousing sites in Europe / Processing group specialized in heavy plate Earnings before taxes €m 31 products Core workforce (12/31) 1,599 / Internationa
Slide 37: Trading
TRADING Tra d in g Busin e ss Un it SALZGITTER MANNESMANN HANDEL GROUP / Stockholding trading: / 9 companies / 33 locations in Europe / Customized processing and specifications / International trading: / 8 companies / 4 agencies / 21 locations worldwide / Full-service provider from procurement to fi
Slide 38: Trading
TRADING Tra d in g Busin e ss Un it UNIVERSAL EISEN UND STAHL GROUP / Specialized in heavy plate / 6 companies / 9 locations in Europe and North America / In-house production facilities for rolling, pipe and tube manufacturing as well as machining 2025 2024 Shipments kt 163 164 Sales €m 244 263 Empl
Slide 40: Overview
OVERVIEW Te c hnol ogy Busin ess U nit CAPABILITIES KEY DATA FY 2025 / 10 production plants worldwide Consolidated Sales €m 1,767 / > 90% of sales outside of Germany Earnings before taxes €m 113 Core workforce (12/31) 5,897 EXTERNAL SALES BY CUSTOMER INDUSTRY 1 3% 1% Vehicle COMPETENCES AND PRODUCTS
Slide 41: Filling and Packaging Technology
FILLING AND PACKAGING TECHNOLOGY Te c hnol ogy Busin ess U nit KHS GROUP / A global leader and solution provider of first choice in the packaging industry / Among the top 3 producers / Focus on beverage applications / Supplier of single machines and turnkey solutions (one-stop-shop supplier) / Leade
Slide 43: Overview
OVERVIEW Industrial Participations COMPETENCES AND KEY DATA FY 2025 PARTICIPTATIONS Consolidated Sales €m 198 / Services: Earnings before taxes VX1 €m 40 / Research and development for the Group and external customers Earnings before taxes €m 11 / Information technology Core workforce (12/31) 2,575
Slide 44: Aurubis Participation
AURUBIS PARTICIPATION Industrial Participations AURUBIS / Net dividend received since 2009: € 211.0 million (per FY 24/25) 2.00 1.80 1.80 1.60 1.60 1.60 1.55 1.50 1.45 1.40 1.40 1.35 1.35 1.30 1.25 1.25 1.20 1.20 1.10 1.00 1.00 0.80 0.60 0.40 0.20 0.00 19/20 14/15 22/23 16/17 20/21 18/19 13/14 15/16
Slide 45: Engineering
ENGINEERING Industrial Participations SALZGITTER MANNESMANN FORSCHUNG / Research and development for the Group and external customers / Processes for the manufacture, processing and application of metallic materials and products made of them / Development of new materials / Development of applicatio
Slide 46: Raw Materials & Logistics
RAW MATERIALS & LOGISTICS Industrial Participations GLÜCKAUF IMMOBILIEN, RSE / Companies specialized in real estate- and facility development as well as management HANSAPORT / Germany's largest seaport terminal for handling dry bulk goods (coal and ores), annual capacity of approximately 15 million
Slide 47: Data Processing & Communications
DATA PROCESSING & COMMUNICATIONS Industrial Participations SALZGITTER DIGITAL SOLUTIONS / Integration of business processes into one uniform IT-solution that reflects the entire workflow, electronic data processing center capacities and the internet-based eService platform as a unified hub for order
Slide 49: Vision and Mission
VISION AND MISSION Strategy PIONEERING FOR PARTNERING FOR CIRCULAR SOLUTIONS TRANSFORMATION We are the market leader for Together we will resolutely circular economy solutions in chart new courses, transform global industrial value chains industry, and create sustainable with our innovative products
Slide 50: Ambition: To Become Market Leader in Circular Economy
AMBITION: TO BECOME MARKET LEADER IN CIRCULAR ECONOMY Strategie KEY POINTS / For us, circularity means using resources for as long as possible and minimizing the supply of new resources / Together with our partners, we want to be pioneers and help shape the standards of the circular economy / In ord
Slide 51: Salzgitter AG's Decarbonization Approach
SALZGITTER AG'S DECARBONIZATION APPROACH Strategy SCIENCE-BASED HOLISTIC IMPACT-ORIENTED TRANSPARENT Our goals are based on We consider both our direct We focus on cost-efficient We regularly communicate globally recognized scientific impacts and those in the measures to avoid our progress and invit
Slide 52: Holistic Approach for Economic Stability
HOLISTIC APPROACH FOR ECONOMIC STABILITY Strategy Steel Production: New shredder and sorting plant, LESS certifications ensure transparency, tapping into market potential with SALCOS® steel as a first-mover offering Steel Processing: Expansion and new TL approvals for the SECURE product family, new
Slide 53: SALCOS: Transformation of the Salzgitter Steelworks
SALCOS ® : TRANSFORMATION OF THE SALZGITTER STEELWORKS Strategy TRANSFORMATION STATUS QUO SALCOS® STAGE 1 COMPLETED Heute 2027 Mid-2030s Finalization of SALCOS® Stage One is secured and The decisions on the realization date of the the plants will start production in 2027. following steps of SALCOS®
Slide 54: SALCOS Phase 1: #WeMakeItHappen
SALCOS ® PHASE 1: #WEMAKEITHAPPEN Strategy PREPARATIONS FOR COMMISSIONING PROCEEDING AS PLANNED / Commissioning planned for 2027 / Steel structure of the 120-meter-tall HyTemp tower fully assembled / Numerous large components are now installed in their final positions / Work on utility and power sup
Slide 55: Salzgitter Acquires 100% of HKM
SALZGITTER ACQUIRES 100% OF HKM Strategy WE TAKE RESPONSIBILITY / Salzgitter AG acquires 100% of the HKM shares from thyssenkrupp Steel and Vallourec / Full strategic and operational control enables Salzgitter to independently realign the value chain. / Transition to low-carbon steel production The
Slide 56: HKM – Financial Impact
HKM – FINANCIAL IMPACT Strategy Results Positive contribution in H2 2026 due to consolidation Effects from PPA still under to evaluation, to be completed by the end of 2026 Balance Sheet Effects within the Group Extension of the balance sheet without fundamental changes to the structure Positive imp
Slide 57: Defence: SECURE Protection Steels
DEFENCE: SECURE PROTECTION STEELS Strategy SECURE PROTECTION STEELS / Excellent protection combined with high tensile strength, toughness, and hardness / Weight optimization through very tight thickness tolerances / Good processability via cutting, welding, and cold and hot forming APPLICATIONS / Sp
Slide 59: Management Guidance
MANAGEMENT GUIDANCE Salzgitter Group Based on the business developments in the first half of 2026, and factoring in effects from changes in the group of consolidated companies following the completion of acquiring Hüttenwerke Krupp Mannesmann GmbH, we now anticipate the following for the Salzgitter
Slide 62: Key Data per 2026/06/30
KEY DATA PER 2026/06/30 Financials H1 2026 H1 2025 Δ Q2 2026 Q1 2026 Crude steel production kt 3,034 2,926 108 1,465 1,569 External sales1 € million 4,588 4,665 -77 2,243 2,345 EBITDA VX € million 459 117 342 179 280 EBITDA € million 278 117 161 82 196 Earnings effects from the valuation exchangeabl
Slide 63: Income Statement
INCOME STATEMENT Financials Income Statement (€ million) H1 2026 H1 2025 Δ Sales 4,588.0 4,664.7 -76.7 Increase/decrease in finished goods and work in process/other own work -43.9 -165.4 121.5 capitalized 4,544.0 4,499.2 44.8 Other operating income 224.3 312.8 -88.5 Cost of materials 2,814.9 2,937.1
Slide 64: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Financials Assets (€ million) 30.06.2026 31.12.2025 Δ Non-current assets 5,261.0 5,169.8 91.2 Intangible assets, property, plant and equipment 2,943.2 3,015.4 -72.2 Investment property 62.7 63.3 -0.6 Financial assets 16.7 16.5 0.2 Investments accounted for using the equity
Slide 65: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Financials Equity and liabilities (€ million) 30.06.2026 31.12.2025 Δ Equity 4,542.3 4,432.8 109.5 Subscribed capital 161.6 161.6 0.0 Capital reserve 251.6 257.0 -5.4 Retained earnings 4,402.1 4,343.9 58.2 Other reserves 34.7 20.7 14.0 Unappropriated retained earnings 1.2
Slide 66: Cash Flow Statement
CASH FLOW STATEMENT Financials (€ million) H1 2026 H1 2025 Δ Cash and cash equivalents at the start of the period 1,060.5 1,002.2 58.4 Cash flow from operating activities 58.7 81.0 -22.3 Cash flow from investment activities 81.5 -243.5 325.0 Cash flow from financial activities 5.0 -47.3 52.3 Changes
Slide 67: Steel Production Business Unit
STEEL PRODUCTION BUSINESS UNIT Financials H1 2026 H1 2025 Δ Q2 2026 Q1 2026 External sales € million 1,740 1,705 35 862 877 Order bookings kt 2,625 2,459 166 1,220 1,405 Order backlog1 kt 1,156 1,059 97 1,156 1,240 EBITDA € million 159 66 93 79 80 EBT € million 50 -56 106 26 24 Core workforce1 7,725
Slide 68: Steel Processing Business Unit
STEEL PROCESSING BUSINESS UNIT Financials H1 2026 H1 2025 Δ Q2 2026 Q1 2026 External sales € million 606 598 8 287 319 Order bookings € million 774 873 -99 337 437 Order backlog 1 € million 609 596 14 609 637 EBITDA € million -13 -40 27 -1 -11 EBT € million -40 -63 24 -16 -24 Core workforce 1 4,102
Slide 69: Trading Business Unit
TRADING BUSINESS UNIT Financials H1 2026 H1 2025 Δ Q2 2026 Q1 2026 External sales € million 1,266 1,430 -164 631 635 Shipments kt 1,476 1,679 -203 703 773 EBITDA € million 51 25 25 24 26 EBT € million 38 11 27 17 20 Core workforce1 1,563 1,689 -126 1,689 1,836 1 per reporting date Gratifying earning
Slide 70: Technology Business Unit
TECHNOLOGY BUSINESS UNIT Financials H1 2026 H1 2025 Δ Q2 2026 Q1 2026 External sales € million 876 845 31 415 461 Order bookings € million 748 902 -154 329 419 Order backlog1 € million 1,184 1,259 -75 1,184 1,285 EBITDA € million 81 70 12 36 45 EBT € million 69 55 14 30 39 Core workforce1 5,973 5,99
Slide 71: Industrial Participations / Consolidation
INDUSTRIAL PARTICIPATIONS / CONSOLIDATION Financials H1 2026 H1 2025 Δ Q2 2026 Q1 2026 External sales € million 100 87 13 47 53 EBITDA VX € million 181 -4 184 41 140 EBITDA € million -1 -4 3 -57 56 EBT VX € million 140 -30 171 21 120 EBT € million -41 -30 -11 -77 36 Core workforce1 2,737 2,807 -70 2
Slide 73: Mechanics of Internal Pension Commitment Funding
MECHANICS OF INTERNAL PENSION COMMITMENT FUNDING P e n si on s INTERNAL FUNDING OVER LIFETIME OF EMPLOYEE Pension provision (non-cash) Contribution by SZAG (non-cash) Pension payment (cash) Joins company 5 years Retirement / Provision is determined by development of salary, time in employment at SZA
Slide 74: Pension obligations covered by internal funds
DISCLAIMER P e n si on s 2025/12/31 2025/12/31 / Projected Benefit Obligation (PBO): € 1,515 million / Balance sheet: pension provisions € 1,408 m / According to IAS 19: / Assets held by external funds: € 107 m / Discount rate of 4.20% / Non-current assets: € 5,172 m / in line with market average /
Slide 76: Shareholder Structure and Share Turnover
SHAREHOLDER STRUCTURE AND SHARE TURNOVER In vestor Rel a tion s SHAREHOLDER STRUCTURE DAILY TURNOVER IN THOUSAND SHARES 400 10.9% 4.9% Other Salzgitter AG shareholders 13.4% 27.9% Retail State of Lower 200 investors Saxony 33.3% 9.6% Institutional GP Günter investors Papenburg AG 0 1Q | 23 4Q | 23 3
Slide 77: Disclaimer
DISCLAIMER Salzgitter AG LEGAL NOTE COPYRIGHTS To the extent that our Internet pages contain statements oriented towards or related to the This data file and the data contained on these pages (including, among others, texts, future, such statements are based on our current state of knowledge and the
Slide 78: Salzgitter AG
- SALZGITTERAG People, Steel and Technolo

Salzgitter — Investor Presentation (September 2026) on 6ix

Salzgitter — Investor Presentation (September 2026)

Slide 1: Presentation of the Group

Slide 2: Agenda

Slide 3: Salzgitter Group

Slide 4: Global Presence

Slide 5: Group Structure and Key Data FY 2025

Slide 6: Group Structure

Slide 7: External Sales 2025 by Product Group

Slide 8: External Sales 2025 by Customer Industries

Slide 9: External Sales 2025 by Regions

Slide 10: Key Data Financial Year 2025

Slide 11: Balance Sheet

Slide 12: Investments and Depreciation

Slide 13: Young yet with Great Tradition

Slide 14: Market Situation

Slide 15: EU Trade Policy

Slide 16: ETS Review

Slide 17: Raw Material and Energy Prices

Slide 18: Price Development CO2 Emission Allowances

Slide 19: Steel Prices

Slide 20: Steel Production Business Unit

Slide 21: Overview

Slide 22: Strip Products

Slide 23: Sections

Slide 24: Steel Production

Slide 25: Processing

Slide 26: Steel Service Center

Slide 27: Metals Trading

Slide 28: Steel Processing Business Unit

Slide 29: Overview

Slide 30: Heavy Plate

Slide 31: Heavy Plate

Slide 32: Precision Tubes

Slide 33: Line Pipe

Slide 34: Line Pipes

Slide 35: Trading Business Unit

Slide 36: Overview

Slide 37: Trading

Slide 38: Trading

Slide 39: Technology Business Unit

Slide 40: Overview

Slide 41: Filling and Packaging Technology

Slide 42: Industrial Participations

Slide 43: Overview

Slide 44: Aurubis Participation

Slide 45: Engineering

Slide 46: Raw Materials & Logistics

Slide 47: Data Processing & Communications

Slide 48: Strategy

Slide 49: Vision and Mission

Slide 50: Ambition: To Become Market Leader in Circular Economy

Slide 51: Salzgitter AG's Decarbonization Approach

Slide 52: Holistic Approach for Economic Stability

Slide 53: SALCOS: Transformation of the Salzgitter Steelworks

Slide 54: SALCOS Phase 1: #WeMakeItHappen

Slide 55: Salzgitter Acquires 100% of HKM

Slide 56: HKM – Financial Impact

Slide 57: Defence: SECURE Protection Steels

Slide 58: Management Guidance

Slide 59: Management Guidance

Slide 60: Backup

Slide 61: Financials

Slide 62: Key Data per 2026/06/30

Slide 63: Income Statement

Slide 64: Consolidated Balance Sheet

Slide 65: Consolidated Balance Sheet

Slide 66: Cash Flow Statement

Slide 67: Steel Production Business Unit

Slide 68: Steel Processing Business Unit

Slide 69: Trading Business Unit

Slide 70: Technology Business Unit

Slide 71: Industrial Participations / Consolidation

Slide 72: Pensions

Slide 73: Mechanics of Internal Pension Commitment Funding

Slide 74: Pension obligations covered by internal funds

Slide 75: Investor Relations

Slide 76: Shareholder Structure and Share Turnover

Slide 77: Disclaimer

Slide 78: Salzgitter AG