Slide 1: FY 2021 Results
i DéLonghi Group FY 2021 RESULTS DéLonghiGroup | KENWooD BRAUN nutribullet. -friete.
Slide 2: Forward-looking statements disclaimer
This presentation might contain certain forward-looking statements that reflect the company’s current views with respect to future events and financial and operational performance of the company and its subsidiaries. Forward looking statements are based on De' Longhi’s current expectations and proje
Slide 3: In this presentation: definitions
In this presentation: • “Adjusted” stands for before non recurring items and notional cost of the stock option plans • "At constant exchange rates" means excluding the effects of exchange rates' variations and of hedging derivatives • “ForEx” or “FX” stand for Foreign Exchange Rates; • "Like-for-lik
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Slide 5: The Ukrainian Crisis
FY 2021 RESULTS THE UKRAINIAN CRISIS "Sadly, these days we are witnessing tragic war scenarios that leave us deeply shocked and worried about the possible future implications. We feel close to all the victims of this terrible conflict and in particular our priority commitment is aimed at providing t
Slide 6: FY 2021 Russia and Ukraine revenues
% of E UR milion F Y 2021 revenues 359 11.1% 339 10.5% R us s ia 125 3.9% Ukraine 34 1.0% T otal North-E as t E urope 857 26.6% T otal rev enues 3,222 100.0% 6
Slide 7: FY 2021 results highlights
Like for like Strong Strongtrend growthin sales driveninby H1, thethanks core to revenues' growth % +37% robust performance products of Coffee and the increased and attention +24% Food over the last of consumers Q “stay at home” for the Volumes Margin and price-mix expansion pushed sustained the by
Slide 8: 12M 2021 revenues and adjusted EBITDA at constant perimeter
At constant Change of (Eur million) 12M - 2021 12M - 2020 perimeter perimeter Revenues 3,221.6 2,922.1 299.5 2,351.3 change % 37.0% 24.3% Ebitda adjusted 515.0 456.0 59.0 366.5 % of revenues 16.0% 15.6% 19.7% 15.6% The 12M-2021 revenues at constant perimeter grew by 24.3%, (+25.2% organic); All
Slide 9: Revenues by region
FY 2021 at Q4 2021 at var. % at var. % at EUR milion constant var. % constant var. % constant FX constant FX perimeter perimeter South West Europe 1,209.9 26.9% 27.0% 393.3 13.0% 13.0% North East Europe 823.0 21.9% 23.7% 301.6 11.6% 10.3% EUROPE 2,033.0 24.8% 25.6% 694.9 12.4% 11.8% Americas 346.5 2
Slide 10: Regional performance by country
UP double-digit UP single-digit Down 10
Slide 11: Regional performance by country
UP double-digit UP single-digit Down 11
Slide 12: Russia and Ukraine share of revenues
out of which Russia and Ukraine account for 4.9% 12
Slide 13: Product portfolio: new vs. old perimeter
FY 2021 RESULTS PRODUCT PORTFOLIO: NEW vs. OLD PERIMETER REPORTED (NEW PERIMETER) Cooking & Food Prep. 32.5% Coffee Makers 51.5% FY 2021 Comfort & Home care 12.0% Others 4.0% Coffee Makers 55.1% DéLonghiGroup | Delonghi) KENWOOD BRAUN nutribullet. -Ariete. AT CONSTANT PERIMETER FY 2021 Cooking & Foo
Slide 14: Income statement FY 2021 vs FY 2020
FY 2021 FY 2020 the net industrial margin, improved in (Eur million) terms of percentage of revenues from 49.2% to 49.7%, despite the 1,600.2 1,157.1 inflationary pressure on some net ind. margin important cost items whose impact % of revenues 49.7% 49.2% was more than offset by the 515.0 366.5 pr
Slide 15: Adjusted EBITDA drivers
among others: Increased A&P (ca.100 M) increases in transportation costs and raw materials and components 15
Slide 16: Investments in marketing and communication
FY 2021 RESULTS INVESTMENTS IN MARKETING AND COMMUNICATION (AT CONSTANT PERIMETER) A&P investments — last 3 years evolution A&P on revenues — 2021 quarterly evolution 450 14.0% FYI. ==—=FY20 === FVII “ 13.5% 18.0% 350 17.0% 13.0% 16.6% 300 16.0% 250 12.5% 15.0% 200 12.0% 14.0% 73.1% 150 15.0% 11.5%
Slide 17: Ambassador campaign improving brand awareness
FY 2021 RESULTS AMBASSADOR CAMPAIGN IS FURTHER IMPROVING OUR BRAND AWARNESS IN THE ESPRESSO SPACE DéLonghiGroup | KENWooD BRAUN nutribullet.
Slide 18: New product launches
FY 2021 RESULTS NEW PRODUCT LAUNCHES LA SPECIALISTA ARTE WE CONTINUE TO INVEST IN NEW PRODUCTS, ENRICHING THE POSSIBILITY OF CHOICE FOR THE CONSUMERS AND PROVIDE THEM A PLAYFUL AND ENJOYABLE EXPERIENCE DéLonghiGroup | KENWoop BRAUN nutribullet. -Ariere. 18
Slide 19: Net financial position and working capital
reported reported Change EUR million Dec. 31, 2021 Dec. 31, 2020 12m operating NWC 199.7 247.2 -47.6 Net Equity 1,570.6 1,267.4 303.2 Net Financial Position 425.1 228.0 197.1 Net financial position as at 31.12.2021 stood at 425.1 M€, almost 200 M€ higher than last year, thanks to a stronger busine
Slide 20: Eversys transaction finalized May 2021
The Eversys transaction was finalized on May 3, 2021 20
Slide 21: FY 2022 guidance
FY 2021 RESULTS FY 2022 GUIDANCE Massimo Garavaglia, Group C.E.O.: "2021 was a year of important results both in terms of growth and value creation. These results not only testify to the success of a strategy based on long-term vision, product innovation, manufacturing excellence and continuous inve
Slide 22: Investor Relations contacts
Investor Relations: Fabrizio Micheli, Samuele Chiodetto T: +39 0422 4131 e-mail: investor.relations@delonghigroup.com Media relations: Mattia Rosati T: +39 0422 4131 e-mail: media.relations@delonghigroup.com On the web: www.delonghigroup.com DéLonghiGroup | KENwoop BRAUN nutribullet.