Alleima Ab · OMXSTO:ALLEI
Alleima Ab — Q3 2025 Earnings Presentation
18 slides from Alleima Ab's earnings presentation, 2025
Slide 1: Alleima
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Slide 2: A world-leading advanced materials company serving ten customer segments
A world-leading advanced ..serving ten customer segments materials company G) (~) G) — High value-added products in advanced stainless steels and OilandGas = Chemical and Industrial Industrial Consumer special alloys as well as products for industrial heating Petrochemical Heating — Strong market po
Slide 3: Global footprint and go-to-market strategy
Alleima | | 3 Global footprint and go-to-market strategy — local for local Sales in BO vere, Desoeener 40+ 25+ sales offices production sites across the globe | presence and q. customers ating flexibility and ack-up —Enabling specialization A
Slide 4: Fully integrated value chain
Customer Need Identification Research & Primary Melting Hot Working Cold Working Finishing Sales & Development Marketing Ensure Enabling close Secure product Prerequisite for new independence and control customer collaboration quality materials and product of value chain development
Slide 5: Tube and Kanthal divisions
Alleima | Tube Seamless tubes and other long products in advanced stainless steels used in OG, nuclear & other energy-related end-markets as well as chemicals, automotive and aerospace Market share Example market positions #1Umbilical Tubing ‘#1 Aerospace Titanium Tube Example products Umbilical ~ H
Slide 6: Total steel market and niche position
Alleima | Total steel market. 1900 zs — > Millon tonnes Total market for industrial furnaces | 6 Stainless steel market Total heating market Advanced stainless steel market Special alloys market Ss Thousand tonnes Fine wire and component Medical market ‘Annual revenues, SEK BN Electrical Heating mar
Slide 7: Prioritized segments for capital allocation
Prioritized segment Prioritized segments in focus for capital al locat ion Four prioritized segments Hydrogen and Chemical and Petrochemical Growth Renewable Energy Hydrogen and Renewable . Energy Industrial Medical Heating Medical Chemical and 4 Industrial Heatin Petrochemical g Principles for capi
Slide 8: Improved product mix with higher revenues from targeted segments
..indicating an improved product mix with higher revenues from targeted segments Current revenue split Revenue split ambition™ 4T% 40% 9 fo 43% 43% 2022 2023 2024 Ambition 2030 Targeted segments s=Other Industrial Grow in line with or above targeted end markets — Includes targeted segments as well a
Slide 9: Winning platform set to unlock shareholder value
Alleima 10 Winning platform set to unlock share holder value Premium offering with solid market positions and diverse customer segment exposure Fully integrated value chain with prominent metallurgy expertise and global footprint Multiple and tangible levers to deliver profitable growth, capitalizin
Slide 10: Alleima
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Slide 11: Q3 highlights
Alleima | Q3 highlights Mixed market demand — Continued market uncertainty — Broad exposure reduces volatility — Solid backlog in key segments Weak Europe affecting earnings — Extended maintenance stop — Overall solid product mix Actions for increased efficiency — Long-term cost savings — Strong bal
Slide 12: Market development
Alleima | 13 Market development — Mixed marked demand — Weak sentiment in Europe and North America, while Asia was solid — Continued momentum in key segments Perceived year on year underlying market demand trend (CHEMICAL AND INDUSTRIAL OL aNo Gas PETROCHEMICAL INDUSTRIAL HEATING consumer Year on ye
Slide 13: Revenues and book-to-bill
Alleima ― 25 000 6 000 120 ― 5 000 100 20 000 ― 4 000 80 15 000 3 000 60 10 000 2 000 40 5 000 1 000 20 0 0 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2023 2024 2025 2023 2024 2025 Revenues Book-to-bill R12, %
Slide 14: Earnings
Alleima | Earnings Adjusted EBIT at SEK 197 million — Margin of 4.7% — Overall good product mix — FXheadwind Free operating cash flow of SEK 285 million — Lower EBIT and higher capex 15 Adjusted EBIT SEKM % 700 12 600 40 500 8 400 6 300 4 200 2 Qs a4 «ai G2 8 Q2. 3 2023 2024 2025 wen EBIT, adj. ——EB
Slide 15: Division revenues and adjusted EBIT
Alleima ― ― ― 5 000 140 500 12 120 10 ― 4 000 400 ― 100 8 ― 3 000 300 80 6 60 2 000 200 4 40 1 000 100 20 2 0 0 0 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2023 2024 2025 2023 2024 2025 Revenues EBIT, adj. Book-to-bill R12, % EBIT margin, adj. R12
Slide 16: Division revenues and adjusted EBIT
Alleima ― ― ― 1 200 120 250 20 18 1 000 100 ― 200 16 ― 800 80 14 ― 150 12 600 60 10 100 8 400 40 6 50 4 200 20 2 0 0 0 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2023 2024 2025 2023 2024 2025 Revenues EBIT, adj. Book-to-bill R12, % EBIT margin, adj. R12
Slide 17: Division revenues and adjusted EBIT
Alleima ― ― ― 500 140 40 10 120 ― 400 ― 100 20 6 300 80 60 200 0 2 40 100 20 0 0 -20 -2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2023 2024 2025 2023 2024 2025 Revenues EBIT, adj. Book-to-bill R12, % EBIT margin, adj. R12
Slide 18: Thank you
Alleima Thank you alleima.com \ Alleima