Alzchem Group Ag · XETR:ACT
Alzchem — Q2 2022 Earnings Presentation
35 slides from Alzchem's earnings presentation, Jul 26, 2022
Slide 1: Agile Science Pure Results
AGILE SCIENCE PURE RESULTS
Slide 2: Andreas Niedermaier, CEO
ANDREAS NIEDERMAIER, CEO , DR. GEORG WEICHSELBAUMER, CSO 2022 July 26, 2022
Slide 3: Disclaimer
DISCLAIMER CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements about the business, financial condition and earnings performance of the Alzchem Group. These statements are based on assumptions and projections resting upon currently available info
Slide 4: Agenda — Analyst Presentation Q2 2022
AGENDA — ANALYST PRESENTATION Q2 2022 Executive Summary
Slide 5: Highlights
HIGHLIGHTS Successful first half-year despite challenging environment Sales at record levels All EBITDA matches Russia-Ukraine war due to successful previous year despite (Z) intensifies shortages adjustment of Sf high energy and raw and price increases on contract prices material costs raw material
Slide 6: Delta Q2 sales drivers
• DELTA DELTA Q2 01 - 06 • Volume -7.7% -1.7% • Price 31.1% 24.9% • Currency 3.1% 2.1% •
Slide 7: Turbulent Market Environment — Current Development
g 8 id 6 5 TURBULENT MARKET ENVIRONMENT — CURRENT DEVELOPMENT Logistic, raw material und energy costs Power front year Crude oil (Brent) 390,00 130,00 340,00 110,00 290,00 g = & 90,00 = 240,00 § Ss 70,00 $ 190,00 3 140,00 50,00 90,00 30,00 40,00 10,00 Natural gas 750,00 150,00 650,00 130,00 550,00 =
Slide 8: Natural Gas Dependence
NATURAL GAS DEPENDENCE Direct dependence on natural gas is very low, but... Low direct consumption Transfer to third parties Natural gas-dependent raw materials have seen massive price increases (ammonia, urea, ) Gas fired power plants define power price via merit order mechanism Competitiveness out
Slide 9: Agenda — Business and financial details
AGENDA — ANALYST PRESENTATION Q2 2022 ll. Business and financial details
Slide 10: Basics & Intermediates
NITRALZ® CBerlka’ G CaD BASICS & INTERMEDIATES The "Basics & Intermediates" segment comprises the production of basic and intermediate products that are marketed as independent products for example in agriculture, steel production and the automotive sector and as raw materials for the manufacture of
Slide 11: Basics & Intermediates Segment (in M€)
BASICS & INTERMEDIATES SEGMENT (in Mé€) Sales significantly above prior year SALES ANALYSIS 57.9 45.2 Q2.Q3 -Q4- QI Q2 QB 4 QI QR 2020 2020 2020 2021 2021 2021 2021 2022 2022 ic chemi ‘al fertilizers (Perlka®) the itant ri 0.9 EBITDA margin of 1.5 % Q2.Q3 -Q4- QI Q2 QB 4 QI QR 1-6 1-6 2020 2020 2020
Slide 12: Specialty Chemicals
“ : CREAMINO [Drmex' Bioselect? DYHARD #88 Creapure* SPECIALTY CHEMICALS C> The "Specialty Chemicals" segment f produces and sells high-quality growth \ | products in the area of J specialty chemicals. ¢ By -
Slide 13: Specialty Chemicals Segment (in M€)
SPECIALTY CHEMICALS SEGMENT (in m€) Encouraging business performance 76.2 Q2.Q3 -Q4- QI Q2 QB 4 QI QR 2020 2020 2020 2021 2021 2021 2021 2022 2022 _ Q4 QI Q2. O34 QI 2. 2020 2021 2021 2021 2021 2022 2022 LES ANALYSIS istent high leve dietary supplements
Slide 14: Other & Holding
OTHER & HOLDING The "Other & Holding" segment offers infrastructure and energy supply services at our locations for the chemicals segments and for external customers. Izch \ ° 5 roup n>
Slide 15: Other & Holding Segment (in M€)
OTHER & HOLDING SEGMENT (in me) Development of services in line with 2021 SALES ANALYSIS Q2.Q3 -Q4- QI Q2 QB 4 QI QR 2020 2020 2020 2021 2021 2021 2021 2022 2022 EBITDA in line adjustment: 0.0 1-6 1-6 Q2.Q3 -Q4- QI Q2 QB 4 QI QR 2021 2022 2020 2020 2020 2021 2021 2021 2021 2022 2022
Slide 16: Balance Sheet (in M€)
BALANCE SHEET (in mé) Increase of balance sheet total and equity ratio Other non-current assets Deferred taxes for pension provision 220 Inventories 867 Trade receivables T251_] Other current assets 31.12.2021 30.06.2022 st half r half can Deferred tax < p p ollowing the inter it Equity Other non-cu
Slide 17: Cashflow (in M€)
CASHFLOW (in Mé€) Net cashflow impacted by NWC management on both directions king c level; dividend
Slide 18: Implementing Operating Targets
© alzchem Group AG / July 2022 IMPLEMENTING OPERATING TARGETS i, Focus on the key growth drivers and sustainability Implementation of price increases, at least in the amount of the cost increases SUSTAINABILITY * — Set the path to CO, neutral growth and climate neutrality by 2045 * Vision 0 accident
Slide 19: Markets Developments
MARKETS DEVELOPMENTS Sales impact / Alzchem's market view as a basis for the outlook BASICS & INTERMEDIATES SPECIALTY CHEMICALS PHARMA EU METALLURGY HUMAN NUTRITION ) & O® AGRICULTURE ANIMAL FINE CUSTOM (FERTILIZER) NUTRITION CHEMICALS AGRICULTURE = synTHESIS PHARMA RoW
Slide 20: Outlook 2022 (in M€)
OUTLOOK 2022 (in M€) Parity of cost with price increases will determine EBITDA COMMENTS * Adjustment of the upper sales limit (in Q1/2022) from 480 M€ to 520 ME due to necessary price increases 520.0 strongly to rice i ill determine EBITDA — balance short pany term needs with long-term requirements
Slide 21: Financial Calendar
FINANCIAL CALENDAR Upcoming dates SHEP 5 = © SEP 21 SEP 22 OCT 26 NOV 15 - 16 NOV 28 - 30 2022 2022 2022 2022 2022 2022 Fall Conference Berenberg and Goldman Sachs German Corporate Conference Baader Investment Conference Quarterly Statement 3’ Quarter 2022 Minchner Kapitalmarkt Konferenz Deutsches E
Slide 22: Investor Relations
alzchem group Investor Relations T +49 8621 86-2888 F +49 8621 86-502888 ir@alzchem.com
Slide 23: Agenda — Analyst Presentation Q2 2022
AGENDA — ANALYST PRESENTATION Q2 2022
Slide 24: Balance Sheet
© alzchem Group AG / July 2022 BALANCE SHEET Alzchem Group \N ALZCHEM GROUP (IN T€) 31.12.2021 30.06.2022 Deviation ALZCHEM GROUP (IN TE) 31.12.2021 30.06.2022 Deviation Intangible asset 2,329 2,267 ~62 “27% share capital 101,763 101,763 Tangible assets 178,806 180,432 1626 0.9% RETAINED EARNINGS (+
Slide 25: Pension Accounting (IFRS)
PENSION ACCOUNTING (IFRS) Alzchem Group (M€) IN FINANCIAL PENSION SERVICE NET INTEREST PENSION STATEMENT PROVISION costs PAYMENTS 31.12.2021 FINAN RESULT BALANCE SHEET P&L CASHFLOW, Adjustment of market interest rate from 0.5 % > 1.0 %; decreasing impact on provision Adjustment of expected pension t
Slide 26: Income Statement
INCOME STATEMENT Alzchem Group ALZCHEM GROUPIIN FE) wn none teomtan_e__—_—evaton(Q2) Revenue 104321 111,000 95,920 111,052 129,395 140,435 29,435 27% Increase (+) / Decrease (-) ininventories of finished goo: -2144 16216350 7,442 14144 14,467 16,088 -992% Other income 3,983 25052143 2,729 4070 5,736
Slide 27: Income Statement
© alzchem Group AG / July 2022 INCOME STATEMENT Alzchem Group ALZCHEM GROUP (IN TE) am S Deviation (200) joe Deviation (YoY) Revenue 111,000 140,435, 29,435 26.5% 215,321 269,830 54,508 25.3% Increase (+) / Decrease (-) in inventories of finished goods and work in progress sen 14,467 16.088 -992.4%
Slide 28: Cashflow Statement
© alzchem Group AG / July 2022 CASHFLOW STATEMENT Alzchem Group Q2 Q2 1-6 1-6 CASHFLOW IN ME) 2021 2022 2021 2022 Consolidated earnings before taxes 12,924 13,258 23,963 24,601 Depreciation on fixed and intangible assets 5,900 6299 nent 12,604 Decrease in pension provisions -329 “364 “149 -878 Loss
Slide 29: Segment Overview by Quarter
SEGMENT OVERVIEW BY QUARTER Alzchem Group SALES SALES 2020 Qi Q2 3 4 Te Te Te Te 2021 Qi Q2 33 Te Te Te Q3 Te 4 Deviation PY (Q2) Te Te % YTD Q2 2022 Py ‘Actual Te Te Basics & Intermediates Specialty Chemicals Other and Holding 36,012 38,266 32,320 39,837 52,199 57,854 42,995 54,383 6,529 6,391 6,05
Slide 30: Executive Team
EXECUTIVE TEAM Alzchem Group AG os | ANDREAS NIEDERMAIER CEO WITH ALZCHEM SINCE 1999, AREAS OF RESPONSIBILITY Company Strategy, Finance & Controlling, Investor Relations & Communication, IT, Risk Management, HR, Supply Chain Management, Legal/Patents & Trademarks KLAUS ENGLMAIER coo WITH ALZCHEM SIN
Slide 31: Alzchem Group Locations
ALZCHEM GROUP LOCATIONS Production sites and sales companies @ SALES COMPANY SHANGHAI (CN) 4 ATLANTA (USA)
Slide 32: "Verbund" — Fully Integrated Business Model
© alzchem Group AG / July 2022 “VERBUND” — FULLY INTEGRATED BUSINESS MODEL AN Benefits of the “Verbund” system approach (ay oO Segment Specialty Chemicals BENEFITS OF “VERBUND” O Segment Basics & Inter- . c Full control of product quality and specifications mediates * Lower costs * Higher financial
Slide 33: Our Products and Markets
2022 © alzchem Group AG / July OUR PRODUCTS AND MARKETS Successful with proven and new products in various industries MAIN PRODUCTS DESCRIPTION mS END-MARKETS CREAMINO’ A feed additive for broilers and pigs Feed additive . remium brand for creatine monohydrate as a food supplement in sports nutritio
Slide 34: Our Products and Markets
2022 © alzchem Group AG / July OUR PRODUCTS AND MARKETS Successful with proven and new products in various industries n w = a < n ae a ta co Wi [= e OTHER & HOLDING \N MAIN PRODUCTS DESCRIPTION END-MARKETS an Calcium carbide-based mixtures for hot metal desulphurization Steel industry Guanidine Salt
Slide 35: Key Share Data
© alzchem Group AG / July 2022 KEY SHARE DATA Share Details as of July 22, 2022 SHARES OUTSTANDING LAST CLOSING PRICE MARKET CAPITALIZATION TICKER WKN ISIN LISTING DESIGNATED SPONSOR 10,176,335 including 40,581 shares held by Alzchem Group AG EUR 19.15 EUR 194.9m ACT A2YNT3 DEOOOA2YNT30 Frankfurt St