Munters Group Ab · OMXSTO:MTRS
Munters Group Ab — Investor Presentation (March 2024)
23 slides from Munters Group Ab's investor presentation, March 2024
Slide 1: Webinar - Data Center Technologies
@ Munters Webinar - Data Center Technologies Investor Relations - March 2024 CEO & President Klas Forsstrom: GMP*& President DG VBStratedgy & Fi
Slide 2: Presenters
Klas Forsstr6m CEO, Munters Group } : Craig MacFadyen Director, Offer rece ~ and Portfolio Mgmt, DCT Stefan Aspman President DCT and GVP Munters Group Frank Pellegrino VP Strategy and Finance, DCT
Slide 3: Agenda
= = ch = FO ODAY'S US COOLING MARKET HOW WE DATA CENTER | OUR OFFERING &
Slide 4: CEO & President, Klas Forsström
CEO & President, Se eg neo Klas Forsstr6m Kg
Slide 5: Expansion of DCT
Expansion of DCT History Today Future Step 3 Step 2 Further expansion of technology portfolio through Step 1 * New SyCool versions developed own development and M&A for both air & liquid cooled ; servers * Continued investments in * Strengthened market position Service and customer facing through ne
Slide 6: Delivery on strategic intent — significant growth achieved
Delivery on strategic intent — significant growth achieved Adj. EBITA-% 18 > 3 a o £ é ° 2 a 1,45 } 3,408 rd MSEK O 1000 2000 3 000 4000 Net Sales @
Slide 7: Data Center Technologies
Data Center Technologies, ca Stefan Aspman Mosca Frank Pellegrino Craig MacFadyen &
Slide 8: Customers challenge - thermodynamics
Customers challenge - THERMODYNAMICS * CPUs (Central Processing Units) and GPUs (Graphics Processing Units) are silicon based microprocessors which contain many millions of transistors. These transistors switch on and off billions of times per second to process data. e Every time a transistor switch
Slide 9: The basic steps of cooling and heat rejection
The basic steps of cooling and heat rejection — 4. RELEASE SIDETHE DC) 1. DISSIPATION 2. CAPTURE [ 3. TRANSFER |] TRANSFER : (INSIDE THE DC) (INSIDE THE SERVER Heat sinks, on-board fans or Heat is captured by air flow, Air, water or other refrigerant Outdoor cBndensers, liquid cooling solutions cont
Slide 10: Slide 10
Slide 11: We offer a broad range of innovative solutions
We offer a broad range of innovative solutions a tii Seu EOS Sue +— Sold to OEMs Typically sold to end customers <p ~ 7 sis Our value c @ an proposition Application & Product Resource Product quality Each order Application & solution expertise customization efficiency & performance treated as a proj
Slide 12: Total market growth and our addressable market
Total market growth and our addressable market Cooling approximately 10-15% of total DC CAPEX - with a higher price point for liquid cooling due to complexity Other Etectrical | Cooling Infrastructure Liquid Cooling Premium IT Equipment Construction ‘Source: Market estimates from various sources (as
Slide 13: Our customers - a connected ecosystem
Our customers - a connected ecosystem Colocators main customers are Hyperscale and Enterprise customers 1, —|—_I|"+ Hyperscale (have significant influence on on colocation designs) Customer segments not built to scale — design to show the connections between segments
Slide 14: Competitive landscape
HIGH Vertical Houses Full Solution Providers * Broad range of end-to-end solutions * Benefits from scale and several “entry points © TRESEE ith Ener RecN fe) to the DC projects = . . * Require broad portfolio, world class service, le} Good product quality but somewhat limited to extensive R&D (joint
Slide 15: Data center market trends
a eee * DIGITALIZATION Pe - GENERATIVE Al GRID RESTRICTIONS FUTURE MOBILITY APPLIED Al DROUGHTS / WATER SCARCITY LOW LATENCY FROM ANALYTICS TO AUTOMATION HEAT WAVES & RECORD TEMPS MORE USERS REGULATIONS/LEGISLATIONS
Slide 16: Location, size, densification and liquid cooling
LOCATION AND SIZE FAEAT DENSIFICATION AND LIQUID'COOLING , EFFICIENCY AND REUSE he Kd
Slide 17: Changes that GPU's will bring
Changes that GPU's will bring sr © 1 Al, high performance computing General computing, if a cloud services etc. oul > 4 3 (30 KW) Pane P= a % 8 “ooKW) Gan % 25 GBooKW
Slide 18: Power density - extremes emerging slowly
Power density - extremes emerging slowly Few have racks over 30kW, but extreme densities are emerging What is the highest server rack density deployed in your site? (n=687) 87% Below 30 kW per rack 4% 23% 20% 17% 12% 39 ty | 7-9 10-14 15-19 20-29 30-39 = 49° 50-59 60-69 270 KW per rack (All figures
Slide 19: SyCool Split - How to deal with increased power density
SyCool Split - How to deal with increased power density Dissipation — taking heat from the chip to the air or the liquid . Capture - heat is captured by the CRAH (air) or the CDU (liquid) . Transfer - heat energy is transported to the heat rejection equipment . Release — heat is rejected to atmosphe
Slide 20: DC market key trends
DC market key trends 13 / jesesgs/
Slide 21: Munters
@ Munters
Slide 22: Investor Relations contacts
Ann-Sofi Jönsson Line Dovärn Vice President, Head of Investor Director Investor Relations Relations & ERM E-Mail: line.dovarn@munters.com E-mail: ann-sofi.jonsson@munters.com Phone: +46 73 048 84 44 Phone: +46 73 025 10 05
Slide 23: May 2024, 13:00 CET
May 21 2024, 13:00 CET At Six, Brunkebergstorg 6, Stockholm