Slide 1: 9M/Q3 2024/25 Earnings Call
9M/Q3 2024/25 Claus Sauter (CEO), Olaf Tröber (CFO) Earnings Call 13.05.2025
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking information, which is based on assumptions and estimates of the company management of Verbio SE. Even though company management believes that these assumptions and estimates are correct, the actual future development and actual future results can
Slide 3: Key figures after 9M 2024/25
9M in brief Q3 financial performance Outlook Q&A Key figures after 9M 2024/25 Production in kt* and GWh EBITDA in € m Net debt in € m Equity ratio Biodiesel in kt Bioethanol in kt RNG in GWh 865.3 82.1 800.1 154.1 67.4% 63.1% 483.1 459.1420.0 378.5 22.4 32.9 9M 23/24 9M 24/25 9M 23/24 9M 24/25 30.06
Slide 4: Overview Q3 2024/25: Biodiesel remains key earnings driver
9M in brief Q3 financial performance Outlook Q&A Overview Q3 2024/25: Biodiesel remains key earnings driver Group EBITDA by segments Q3 2023/24 vs. Q3 2024/25 vs. Q2 2024/25 in € m 50 Group Biodiesel Bioethanol Other 40 30 20.8 20 5.4 36.6 1.1 7.3 8.2 10 16.8 11.4 0 -5.2 -14.0 -15.3 -10 -0.4 -20 Q3
Slide 5: Biodiesel segment
9M in brief Q3 financial performance Outlook Q&A Biodiesel segment Sales in € m EBITDA in € m 400 Production in kt 30 EBITDA margin 10.0% 8.0% 300 20 5.2% 16.8 5.0% 217.8 210.3 200 161.3 11.4 133.0 0.0% 10 100 -5.0% 0 0 -10.0% Q3 23/24 Q3 24/25 Q3 23/24 Q3 24/25 The performance of the Biodiesel segm
Slide 6: Biodiesel market development (Europe)
9M in brief Q3 financial performance Outlook Q&A Biodiesel market development (Europe) Market spreads in €/t Biodiesel and rapeseed oil in €/t of biodiesel in 2024/25 400 2023/24 1,300 2024/25 1,200 300 1,100 200 1,000 Biodiesel 100 900 Rapeseed oil 0 800 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Slide 7: Bioethanol/Biomethane segment
9M in brief Q3 financial performance Outlook Q&A Bioethanol/Biomethane segment Sales in € m EBITDA in € m Bioethanol Production in kt 400 RNG Production in GWh 20.0 305.6 281.0 300 10.0 188.1 181.5 200 145.7 0.0 129.7 100 -10.0 -5.2 -14.0 0 -20.0 Q3 23/24 Q3 24/25 Q3 23/24 Q3 24/25 The decrease in E
Slide 8: Bioethanol market development (Europe)
9M in brief Q3 financial performance Outlook Q&A Bioethanol market development (Europe) Market spreads in €/t Bioethanol and wheat in €/t of bioethanol in 2024/25 300 2023/24 1,000 Bioethanol 2024/25 900 Wheat 200 800 100 700 0 600 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Slide 9: Bioethanol market development (USA)
9M in brief Q3 financial performance Outlook Q&A Bioethanol market development (USA) Market spreads in €/t Bioethanol and corn in €/t of bioethanol in 2024/25 300 2023/24 600 Bioethanol 2024/25 Corn 200 500 100 400 0 300 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Slide 10: Guidance 2024/25 remains unchanged; specified to lower end
9M in brief Q3 financial performance Outlook Q&A Guidance 2024/25 remains unchanged; specified to lower end 2023/2024 2024/2025E o Guidance specified to lower end due to current weak margin environment Production o Current earnings headwinds (EU market Biodiesel Capacity in kt 710,000 t 710,000 t di
Slide 11: Coalition agreement boosts GHG quota market recovery potential
9M in brief Q3 financial performance Outlook Q&A Coalition agreement boosts GHG quota market recovery potential Development of the GHG quota price from January 2023 to April 2025 o Increased transaction activity in April led to a slight rise in GHG quota prices in €/t CO₂ equivalent o Higher blendin
Slide 12: Nevada plant ramp-up: A strategic milestone for growth and diversification
9M in brief Q3 financial performance Outlook Q&A Nevada plant ramp-up: A strategic milestone for growth and diversification o The plant has recently reached new peak levels in production at times o The progress achieved confirms the performance capabilities of the technology o Production ramp-up is
Slide 13: Verbio advances cost optimisation while focusing on core projects
9M in brief Q3 financial performance Outlook Q&A Verbio advances cost optimisation while focusing on core projects Investments in PPE in € m o Prioritisation of high-impact, value-generating investments 300 o Organisational realignment and cost structure 251.2 optimisation 250 o Streamlined workforc
Slide 14: Trade policy landscape remains in flux
9M in brief Q3 financial performance Outlook Q&A Trade policy landscape remains in flux Verbio‘s global footprint of Biorefineries Schwedt, Germany: o Trade policy conditions continue to evolve, Biodiesel, Bioethanol, Biomethane, Glycerine, Fertilizer particularly with regard to potential US tariffs
Slide 15: Q&A
9M in brief Q3 financial performance Outlook Q&A Q&A You can participate in the Q&A in one of the following ways: 1. Type your question: o Enter your question in the chat box. o Be sure to include your name and company name. 2. Request to Use Your Microphone: o Type the word “Question” into the chat
Slide 16: Verbio SE www.verbio.de
Verbio SE Ritterstraße 23 T +49 341 308530-0 04109 Leipzig F +49 341 308530-999 Germany info@verbio.de www.verbio.de
Slide 17: Point of contact
Point of contact Ulrike Kurze Alina Köhler Marketing & PR Investor Relations Ritterstraße 23 (Oelßner‘sHof) Ritterstraße 23 (Oelßner‘sHof) 04109 Leipzig 04109 Leipzig E-Mail: pr@verbio.de E-Mail: ir@verbio.de 17