Rational Aktiengesellschaft · XETR:RAA
Rational Aktiengesellschaft — Rational — Investor Day (November 2025)
29 slides from Rational Aktiengesellschaft's investor day presentation, Nov 18, 2025
Slide 1: Home of the iVario
Home of the iVario RATIONAL Wittenheim Capital Markets Day / 18 November 2025
Slide 2: Agenda
Agenda 01 Welcome Presentation: history of the 02 iVario and Wittenheim 03 Company tour 04 Happy cooking incl. lunch Presentation: iVario insights 05 /functions and performance Q&A / group picture / 06 wrap-up
Slide 3: History
History Invention Invention of the FRIMAX of the Thermojet FRIMA took over the The first multifunctional distribution of combi- cooking appliance based steamers for France. on contact heat. 1980 1985 1992 1999 2005 RATIONAL acquires FRIMA as a subsidiary, to strengthen the distribution network and d
Slide 4: History
History Launch of the new iVario Pro Production of the 50,000th Vario 2018 2020 2021 Ahead! Next level Start of site extension FRIMA becomes RATIONAL of productivity works in Wittenheim
Slide 5: Today RATIONAL Wittenheim
Today RATIONAL Wittenheim Home of the iVario and the world- leading expert in contact heat. 2025
Slide 6: Bird's-eye view of Wittenheim
RATIONAL Wittenheim Bird’s-eye view of Wittenheim New site Old site
Slide 7: Our location offers room for strategic growth
RATIONAL Wittenheim Our location offers room for strategic growth Admin Admin Maximum capacity 75,000 units in total Admin Kitchen/ Restaurant Production & Production & Production & Extended capacity Logistics Logistics Logistics TCs 50,000 units in total Admin: W, F Current capacity 25,000 units
Slide 8: More than a production site
RATIONAL Wittenheim More than a production site 100,000 m² 10,000 m² 1,500 m² ~ 150 people Site area Production floor Administration building 1,250 T€ (800 kW) Sustainability investment in photovoltaic and latest technologies standards ~350 people ~250 people Company restaurant Customer experience c
Slide 9: We operate in full synergy with our iCombi product group
RATIONAL Wittenheim We operate in full synergy with our iCombi product group. iVario Product Group Shared Services iCombi product Group Supply Innovate Marketing & Sales Service Supply Innovate Digital Customer Solutions Spare Parts Produce Develop Produce Develop Human Resources Admin & Finance
Slide 10: iVario installed base: 86,000 iVario worldwide
iVario installed base 86,000 iVario worldwide North America Europe Asia North 3,000 75,000 4,000 South America Asia South 2,000 2,000 as of 30 September 2025
Slide 11: Let us now explore the foundation for the iVario future growth
RATIONAL Wittenheim Let us now explore the foundation for the iVario future growth.
Slide 12: iVario Pro Insights
iVario Pro Insights RATIONAL Wittenheim Capital Market Day / 18.11.2025
Slide 13: The challenges of a chef
The challenges of a chef Produce high quality Stay profitable food with consistency and competitive Ensure hygiene Competent staff & energy efficiency and low turnover
Slide 14: The solution
The solution Food quality and Versatile and consistency flexible Sustainable Intelligent and efficient Assistance
Slide 15: Food quality and consistency
Food quality and consistency With its innovative technology, the iVario prepares high-quality meals quickly and with reliable results.
Slide 16: Versatile and flexible
Versatile and flexible The iVario combines boiling, braising, deep-frying, and pressure cooking in a single appliance — saving customers valuable space and ensuring flexibility. Multifunctional appliances vs. conventional kitchens
Slide 17: Versatile and flexible
Versatile and flexible The iVario combines boiling, braising, deep-frying, and pressure cooking in a single appliance — saving customers valuable space and ensuring flexibility. Multifunctional appliances vs. conventional kitchen
Slide 18: Intelligent assistance
Intelligent assistance Intuitive display, pre-installed cooking processes and access to Connected Cooking – the iVario is easy to operate, with a short training. Precise Intuitive Connected Exact time and Easy to use with Online access with temperature control guiding processes Connected Cooking
Slide 19: Sustainable and efficient
Sustainable and efficient The iVario lowers staff costs and improves working conditions while reducing food waste, water consumption and energy consumption. Results from the AXA Study (in Total) 47.9% 24.1% 20.2% >20% Lower water Lower energy Lower Reduced consumption consumption connected load powe
Slide 20: iVario one-pan models
iVario one-pan models replace tilt skillets, boiling kettles, deep fat fryers and pressure cookers.
Slide 21: iVario two-pan models
iVario two-pan models replace pots, pans, stoves, deep fryers, pressure-cookers and bain-maries.
Slide 22: Competitive cooking: ring gas range versus iVario Pro 2-S
Competitive cooking Conventional 6 ring gas range versus iVario Pro 2-S Watch movie
Slide 23: iVario: Our recipe for success
iVario Our recipe for success Product Marketing & sales Partners leadership leadership leadership
Slide 24: iVario market: we supply 4% of relevant kitchens
iVario market We currently supply 4% of the relevant kitchens worldwide. Commercial kitchens Relevant kitchens 19.8 Million 1.6 Million
Slide 25: iVario market: we supply 4% of relevant kitchens
iVario market We currently supply 4% of the relevant kitchens worldwide. 4% Competitors 4% Vario Relevant kitchens 92% Traditional appliances 1.6 Million 1,600,000 kitchens ~65,000 supplied with iVario 1,535,000 kitchens are our servicable obtainable market.
Slide 26: iVario growth potential
iVario growth potential We see positive growth trends across the globe. North America Europe Asia North Asia South South America Africa
Slide 27: The Game Changer.
iVario The Game Changer. a oe Se oo
Slide 28: RATIONAL
RATIONAL
Slide 29: Disclaimer
Disclaimer This presentation serves the single purpose of introducing the RATIONAL Group and providing a brief overview. The information contained is not intended to be exhaustive and does not provide a basis for corporate decisions or serve as investment advice. We assume no warranty, guarantee or