Slide 1: FY 2025 Results
FY 2025 Results MBB SE 31 March 2026
Slide 2: MBB offers long-term succession solutions to sustainable Mittelstand companies
MBB offers long-term succession solutions to sustainable Mittelstand companies Family business Founded in 1995 and family-owned for the long term Capital Markets Extraordinary growth and value creation potential due to capital market access Long-term focus Long-term investment horizon without intent
Slide 3: MBB finished 2025 with record revenue and adjusted EBITDA
MBB finished 2025 with record revenue and adjusted EBITDA Revenue Adj. EBITDA +10 % 14.0 % 18.6 % 1,170 1,068 +46 % 217 149 FY2024 FY2025 FY2024 FY2025 in €m in €m 3
Slide 4: MBB exceeded its recently increased guidance on profitability
MBB hence exceeded its recently increased guidance on profitability Revenue Adj. EBITDA 14 % 11-14 % 15-17 % ~18 % 18.6 % 1,1-1,2 1,17 1,17 + 49 % 1,0-1,1 1,07 ~211 217 149 FY 24 FC 25 I FC 25 II FY/25 FY/25 FY 24 FC 25 I FC 25 II FY/25 FY/25 Prelim Prelim in €bn in €m 4
Slide 5: Q4 has contributed especially in terms of profitability
Q4 has contributed especially in terms of profitability Revenue Adj. EBITDA +1 % 18.5% 23.7% 304 308 + 49 % +31 % 73 56 Q4/24 Q4/25 Q4/24 Q4/25 in €bn in €m 5
Slide 6: The energy transition and IT security are the driving forces behind Vorwerk and DTS
The energy transition and IT security are the driving forces behind Vorwerk and DTS Energy infrastructure for the energy transition IT security for the German Mittelstand High productivity and execution on major projects Solid finish of the year with slightly weaker Q4 due to drove Q4 EBITDA margins
Slide 7: Strong profitability at Aumann and Delignit despite muted automotive demand
Strong profitability at Aumann and Delignit despite muted automotive demand Automation solutions for E-mobility System solutions from ecological raw materials FY marked by muted investments by OEMs but Next Strong Q4 with better revenue and profitability thanks Automation with rising demand to cost op
Slide 8: Mixed consumer demand and raw material price volatility impact Hanke and CTF
Mixed consumer demand and raw material price volatility impact Hanke and CTF Tissue products Mattresses for e-commerce The gradual ramp-up of converting capacities should Low consumer demand in the furniture market support margins affected 2025 Current raw material volatility and mixed consumer Outl
Slide 9: 2026 looks set to be another year of strong revenue and adjusted EBITDA
2026 looks set to be another year of strong revenue and adjusted EBITDA Revenue Adj. EBITDA 18,6 % 15-18 % 1.170 1.100-1.200 217 2025 Prognose 2025 Prognose 2026 2026 in €m in €m 9
Slide 10: MBB's balance sheet remains more than robust
MBB's balance sheet remains more than robust Balance sheet as at 31 December 2025 in €m 1,421 1,421 375 Fixed assets** (26%) 225 948 Equity Current assets** (67%) (16%) 821 (58%) Cash* 58 Financial liabilities 764 (4%) thereof Net Cash €374m net cash in MBB SE 415 Other liabilities (29%) Assets Equi
Slide 11: Investors benefit through increasing base dividends, bonus dividends and share buybacks
Investors benefit through increasing base dividends, bonus dividends and share buybacks Dividends per share in €-Cent Proposal 333 109 €m in dividend payments 222 since 2006 198 176 132 99 122 88 61 66 150 €m 50 121 88 99 100 101 111 in share buybacks 25 61 66 69 70 10 44 50 55 57 59 since 2006 IPO 2
Slide 12: Exceptional value but not expensive
Exceptional value but not expensive Sum-of-the-parts in €m and €/share* Current share price 612 173 € Friedrich Vorwerk 185 € 70 € 77 Delignit 14 202 € NAV Net Cash ∼ 1.4 bn € Holding 374 Private Portfolio 0€ up to 260 € Current NAV * Cash and shareholdings as of 31.12.2025, Market Caps as of 31.03.
Slide 13: Questions & Answers
Questions & Answers 13
Slide 14: Contact
Contact MBB SE Kurfürstendamm 188 D-10707 Berlin Tel: +49 30 84415 330 Fax: +49 30 84415 333 Mail: ir@mbb.com Web: www.mbb.com 14
Slide 15: Disclaimer
DISCLAIMER By accessing this document, you agree to abide by the limitations set out hereafter. The information contained in this document relating to MBB SE ("MBB" or the "Company") may not be redistributed, reproduced, published, or passed on to any other person and must not be relied upon for any
Slide 16: MBB.COM
MBB.COM