Aumann : Half-year Financial Report 30 June 2025

About this update from Aumann Ag

Half-Year Financial Report 30 June 2025 Aumann AG, Beelen Aumann in figures Half-Year (unaudited) 2025 €k 2024 €k Δ 2025 / 2024 % Order backlog 162,387 288,441 -43.7 Order intake 90,021 130,034 -30.8 Earnings figures IFRS €k €k % Revenue 108,285 141,430 -23.4 thereof E-mobility 89,441 113,622 -21.3 Operating performance 108,147 141,808 -23.7 Total performance 110,521 144,138 -23.3 Cost of materials -56,471 -83,350 -32.2 Personnel costs -36,671 -39,994 -8.3 EBITDA 11,374 14,981 -24.1 EBITDA margin 10.5% 10.6% EBIT 8,194 11,827 -30.7 EBIT margin 7.6% 8.4% EBT 9,244 13,330 -30.6 EBT margin 8.5% 9.4% Consolidated net profit 6,370 9,182 -30.6 Earnings figures IFRS (adjusted)* €k €k % Adj. EBITDA 11,705 15,325 -23.6 Adj. EBITDA margin 10.8% 10.8% Adj. EBIT 8,567 12,213 -29.9 Adj. EBIT margin 7.9% 8.6% Adj. EBT 9,618 13,716 -29.9 Adj. EBT margin 8.9% 9.7% Figures from the statement 30 Jun 31 Dec of financial position IFRS €k €k % Non-current assets 81,262 82,128 -1.1 Current assets 210,633 243,314 -13.4 thereof cash and equivalents ** 110,724 145,100 -23.7 Issued capital (share capital) 12,911 14,345 -10.0 Other equity 171,783 187,370 -8.3 Total equity 184,694 201,715 -8.4 Equity ratio 63.3% 62.0% Non-current liabilities 38,080 37,276 2.2 Current liabilities 69,120 86,451 -20.0 Total assets 291,895 325,442 -10.3 Net cash (+) or net debt (-) ** 104,919 138,181 -24.1 Employees 840 891 -5.7 * For details of adjustments please see the information in the results of operations, financial position and net assets. ** This figure includes securities. Rounding differences can occur in this report with regard to percentages and figures. Contents Aumann in figures 1 Contents 2 Welcome Note from the Executive Management 3 Interim Group management report 4 Description of the business model 4 Business and economic conditions 4 Market development 5 Business performance, result of operations, financial position and net assets 6 Business performance 6 Results of operations, financial position and net assets 6 Segment performance 7 Employees 7 Report on risks and opportunities 7 Outlook 8 IFRS interim consolidated financial statements 9 Notes to the interim consolidated financial statements 14 Company information 14 Accounting 14 Accounting policies 14 Review 14 Dividend 14 Changes in contingent liabilities 14 Related party transactions 14 Segment reporting 14 Additional disclosures on financial instruments 16 Events after the end of the reporting period 17 Responsibility Statement 18 Financial calendar 19 Contact 19 Imprint 19 Welcome Note from the Executive Management Dear Shareholders, in the first half of 2025, Aumann maintained its profitability at a high level despite a decline in revenue, while order intake was below the prior-year figure due to volatile political conditions and subdued investment in the automotive sector. Meanwhile, the further development of the Next Automation segment was driven forward. A strong balance sheet with a high liquidity position ensures stability in a challenging environment. Aumann demonstrated continued solid profitability in the first half of 2025 despite the persistently challenging economic environment. Revenue for the first six months developed as expected, declining by 23.4% year-on-year to €108.3 million. EBITDA totalled €11.4 million, with the EBITDA margin of 10.5% remaining at the prior-year level and still above the expected range of 8 to 10% for the full year 2025. This result is primarily attributable to strict cost discipline in order execution and a targeted adjustment of capacities to the subdued market situation. Order intake in the first half of 2025 amounted to €90.0 million, representing a 30.8% decrease from the prior-year figure of €130.0 million. In the E-mobility segment, order intake declined by 39.1% to €68.1 million, mainly due to recently volatile political and economic conditions, tariff developments and a persistently subdued investment climate in the automotive sector. Nevertheless, the ongoing growth in new registrations of electric vehicles in a more stable geopolitical environment is expected to provide renewed investment momentum. In contrast, order intake in the Next Automation segment rose by 20.4% year-on-year to €21.9 million, supported by an order in the mid-single-digit million range for clean tech applications. Aumann continues to drive the expansion of the Next Automation segment both organically and through increased M&A activity. The order backlog amounted to €162.4 million as at 30 June 2025, compared to €288.4 million in the previous year. Despite the expected decline, profitability in the order backlog remains at a high level. For the 2025 financial year, Aumann continues to expect revenue in the range of €210 million to €230 million with an EBITDA margin of 8 to 10%. With a strong balance sheet, net liquidity of €104.9 million and an equity ratio of 63.3% as at 30 June 2025, Aumann remains a reliable partner for its customers and is committed to further diversifying its activities, particularly in the Next Automation segment. Sincerely, Sebastian Roll Jan-Henrik Pollitt Chief Executive Officer Chief Financial Officer Interim Group management report Description of the business model Aumann is a leading global manufacturer of innovative special machines and highly automated production lines with a strategic focus on electromobility as well as on new growth areas for automation solutions and robot applications outside the automotive industry. The company has an in-depth understanding of production, process and product know-how and can offer its customers technologically sophisticated and innovative production solutions. The spectrum ranges from modular production cells to complex process solutions, for example for winding and coating technology, to turnkey and customer-specific large-scale production systems. E-mobility: The entire automotive industry is undergoing a continuous transformation: away from the complex, mechanical drive concept around the combustion engine, towards a much leaner and more sustainable electric drive concept. For this reason, Aumann aligned its strategy and portfolio with the needs of the electromobility megatrend years ago and is making a special contribution to emission-free mobility here. Aumann's innovative production solutions enable the highly efficient and technologically advanced large-scale production of a wide range of power units, components and systems for electromobility. These include energy storage and conversion systems (battery and fuel cell), the electric traction drive (rotor, stator, electric motor), the associated power electronics (inverter), power-on-demand aggregates, auxiliary motors as well as electronic components in the field of sensor technology and control. In addition, Aumann's range includes laminating and coating systems for electrodes and MEA (membrane-electrode assembly) production. Leading companies around the world rely on Aumann's solutions for the series production of all-electric and hybrid vehicle drives as well as on production automation solutions to manufacture their latest generations of energy storage systems, e-traction motors and electric auxiliary motors in large series and with the highest quality. The share of Aumann's E-mobility business segment accounted for around 82% of the business in the first half of the 2025 financial year. Next Automation: The Next Automation segment represents Aumann's strategic realignment toward forward-looking automation solutions outside the traditional automotive industry. In the past, the former Classic segment combined production lines for components for conventionally powered vehicles as well as for non-au-tomotive applications. Outside the automotive industry, numerous reference projects have been implemented over the past few years, such as automated production lines for household appliances, industrial electric motors, photovoltaic modules, hydrogen electrolysers and wind turbines. The segment will be strategically and consistently geared towards new growth areas in the future, following the example of the development in the E-mobility segment. After Aumann has consistently developed the essential technologies of the electric powertrain in recent years and now offers the automation of the production of complex electric motors, battery systems and inverters, the focus will increasingly be on applications outside the automotive industry in the coming years. The previous Classic segment has therefore been renamed "Next Automation" and focuses on automation solutions for applications such as clean tech, aerospace and life sciences. Business and economic conditions In the first half of 2025, the global economy shifted from a phase of robust growth and declining inflation to a more uncertain course, weighed down by the economic and aggressive tariff policy of the United States. Global trade rose by around 1.5% in the first quarter, with growth expected to reach 2% in the second quarter. Inflation expectations have risen again in some economies, including the United States, with inflation also being significantly influenced by tariff policies. The OECD expects global growth to slow from 3.3% in 2024 to 2.9% in 2025, with declining rates particularly in the North American economic area. Growth will be driven primarily by significantly above-average growth rates in India, China and Indonesia. Growth of 1.4% (2024: 1.8%) is expected for the OECD economic area and 1.0% (2024: 0.8%) for the eurozone. In the second quarter of 2025, German gross domestic product fell by 0.1% compared with the previous quarter, after rising by 0.3% in the first quarter of 2025. Despite improved business expectations, German industrial production and order intakes remain volatile. The industrial economy is continuing the upward trend that has been evident since the beginning of the year in the early summer, but is being influenced to a considerable extent by the highly unpredictable US tariff policy. Foreign trade is weighing on growth, as exports to the US in particular declined after advance deliveries in the first quarter. Domestic demand is developing unevenly: declines in retail sales are offset by an increase in new private car registrations and higher sales in the hospitality industry. Geopolitical uncertainties and the continuing weakness of the labour market continue to have a negative impact on consumer sentiment among private households. According to the Federal Statistical Office, the inflation rate in Germany was at 2.0% in June 2025, thus weakening over the course of the first half of the year. While falling energy and food prices contributed to the reduction in inflation since the beginning of the year, above-average price increases for services continue to be observed. The Deutsche Bundesbank expects an average annual inflation rate of 2.2% for 2025. In its economic forecast of 12 June, the ifo Institute expects price-adjusted GDP growth of 0.3% for 2025, supported in particular by fiscal stimulus and an improved order situation. Market development According to the European Automobile Manufacturers'-Association (ACEA), new car registrations in the EU fell by 1.9% compared to the same period last year. The trend varied across Europe and across vehicle categories: Electric and hybrid vehicles (+10.9%) and the markets in Spain (+15.2%) and the United Kingdom (+6.7%) recorded positive growth rates. By the end of June 2025, registrations of petrol vehicles had fallen by 21.2% and diesel vehicles by 28.1%, with all major markets recording declines. By contrast, the passenger car markets in the USA and China reported positive sales growth: the USA recorded a slight increase in registrations of 0.4% and China an increase of 11.2% in the first half of 2025. In Germany, new registrations of electric vehicles are growing despite the declining overall market. The share of electric vehicles in new registrations in Germany reached 27.6% and thus increased significantly by 9 percentage points compared to the first half of 2024. According to the German Engineering Federation (VDMA), the mechanical and plant engineering sector recorded slight growth in order intake of 1% in the first half of 2025 compared to the previous year. While domestic orders declined by 1%, foreign orders increased by 2%. Within foreign business, orders from euro countries rose by 16%, while demand from non-euro countries fell by 3%. Overall, a 2% decline in order intake was recorded for the second quarter. The association attributes this in particular to the uncertainty caused by the customs dispute between the EU and the US. Business performance, result of operations, financial position and net assets Business performance In the first half of fiscal year 2025, Aumann recorded a 23.4% decline in revenue to €108.3 million. This development was primarily due to the decline in order intake in the preceding quarters. Nevertheless, Aumann managed to achieve a solid operating margin. EBITDA amounted to €11.4 million in the first half of the year (previous year: €15.0 million), corresponding to an EBITDA margin of 10.5% (previous year: 10.6%). Adjusted for personnel costs related to the stock option program, adjusted EBITDA amounted to €11.7 million, with an adjusted EBITDA margin of 10.8%. Order intake in the first half of 2025 was below the previous year's level, mainly due to recently volatile political and economic conditions, tariff developments and a persistently subdued investment climate in the automotive sector. The order backlog declined as expected, while profitability in the order backlog remained at a consistently high level. With innovative and highly automated production solutions, Aumann remains a reliable partner for the transformation to electromobility. The company's technological expertise, coupled with a continued stable financial base, gives it important advantages in the current challenging market environment. As at 30 June 2025, Aumann had a strong liquidity position of €110.7 million (31 December 2024: €145.1 million) and an equity ratio of 63.3% (31 December 2024: 62.0%). On 14 March 2025, the Supervisory Board of Aumann AG resolved, at the suggestion of the Executive Board, to cancel all of the 904,769 treasury shares purchased under the Share Buyback Programs 2023/I and 2023/II for the purpose of capital reduction. Following the cancellation of the treasury shares and the capital reduction taking effect, the share capital of Aumann AG amounts to €14,345 thousand (previously: €15,250 thousand) and is divided into 14,345,231 no-par value bearer shares with a notional share of the share capital of €1.00 per share. In addition, on 14 March 2025, the Executive Board and Supervisory Board resolved to make use for the first time of the authorisation granted by the Annual General Meeting on 18 June 2024 to buy back treasury shares pursuant to Section 71 (1) no. 8 AktG and to offer shareholders the buyback of up to 1,434,523 treasury shares as part of a voluntary public tender offer addressed to all shareholders. A total of 9,956,853 shares were tendered to Aumann AG as part of the voluntary public tender offer. The maximum offer volume of 1,434,523 shares was fully utilised. Applying the preferential acceptance of small quantities and an allocation ratio of around 13.77%, a total of 1,434,244 treasury shares were acquired. This corresponds to a share of 10.00% of the share capital and a total purchase price of €20.4 million excluding incidental acquisition costs. The Supervisory Board and the Executive Board of Aumann AG proposed in the Annual General Meeting on 13 June 2025, which took place in presence, to pay out a dividend of €0.22 per dividend-bearing share. This proposal found approval of the majority. Payout of the dividend was on 18 June 2025. Results of operations, financial position and net assets In the first half of 2025, revenue amounted to €108.3 million (previous year: €141.4 million). Total performance, including capitalised development costs and other operating income, fell to €110.5 million (previous year: €144.1 million). The cost of materials decreased disproportionately in relation to revenue to €56.5 million (previous year: €83.4 million). Personnel costs amounted to €36.7 million, down from €40.0 million in the previous year. EBITDA (earnings before interest, taxes, depreciation, and amortisation) amounted to €11.4 million (previous year: €15.0 million). After depreciation and amortisation of €3.2 million (previous year: €3.2 million), EBIT (earnings before interest and taxes) amounted to €8.2 million (previous year: €11.8 million). Considering a financial result of €1.1 million (previous year: €1.5 million), EBT (earnings before taxes) amounted to €9.2 million (previous year: €13.3 million). Consolidated net profit amounted to €6.4 million in the first half of 2025 (previous year: €9.2 million). This corresponds to earnings per share of €0.46, based on an average number of 13,869,791 shares in circulation. In relation to the stock option program, personnel costs of €331 thousand (previous year: €344 thousand) were adjusted. The adjustment of personnel costs had a positive effect on adjusted EBITDA. Adjusted EBITDA amounted to €11.7 million (previous year: €15.3 million). In addition, depreciation and amortisation of assets capitalised as part of the purchase price allocation of Aumann Limbach-Ober-frohna GmbH and Aumann Lauchheim GmbH was adjusted by €42 thousand (previous year: €42 thousand). This adjustment had a positive effect on adjusted EBIT. Adjusted EBIT thus amounted to €8.6 million (previous year: €12.2 million). Order intake in the first six months amounted to €90.0 million. The order backlog amounted to €162.4 million as at 30 June 2025. Aumann's equity amounted to €184.7 million as at 30 June 2025 (previous year: €201.7 million). Based on the total assets of €291.9 million, the equity ratio was 63.3%. Financial liabilities decreased by €2.1 million and amounted to €5.8 million as at 30 June 2025 (previous year: €7.9 million). Cash and cash equivalents decreased in the first half of 2025 from €139.2 million (31 December 2024) to €96.6 million. This decline was mainly due to the purchase of treasury shares in the amount of €20.4 million, investments in securities of €10.3 million, and the payment of a dividend of €2.8 million. Net cash, i.e. the balance of the aforementioned liabilities and cash and cash equivalents, amounted to €104.9 million compared to €138.2 million as at 31 December 2024. Segment performance In the E-mobility segment, revenue decreased by 21.3% to €89.4 million as at 30 June 2025 (previous year: €113.6 million). The segment's EBITDA after six months amounted to €10.7 million (previous year: €13.2 million), corresponding to an EBITDA margin of 11.9% (previous year: 11.6%). EBIT was €8.2 million (previous year: €10.8 million). Order intake reached €68.1 million (previous year: €111.8 million). As at 30 June 2025, the segment had an order backlog of €115.4 million (previous year: €244.9 million). In the Next Automation segment, revenue as at 30 June 2025, was €18.8 million (previous year: €27.8 million). The segment's EBITDA after six months amounted to €2.5 million (previous year: €3.6 million), corresponding to an EBITDA margin of 13.5% (previous year: 13.1%). EBIT was €1.9 million (previous year: €3.0 million). Order intake reached €21.9 million (previous year: €18.2 million). As at 30 June 2025, the segment had an order backlog of €47.0 million (previous year: €43.6 million). Employees As at 30 June 2025, Aumann employed 840 people, excluding trainees and temporary workers, which represents a decrease of 5.7% compared to 891 employees as at 31 December 2024 and a decrease of 9.6% compared to 929 employees as at 30 June 2024. In addition, 80 trainees and dual students as well as one temporary worker were employed. The total number of employees as at 30 June 2025 was 921, compared to 990 as at 31 December 2024. Report on risks and opportunities Risks and opportunities for the business development of the Aumann Group are described in the Group management report for the financial year 2024, which is available on our website www.aumann.com. The assessment in this regard remains unchanged. Aumann's risk management system is designed to identify risks at an early stage and take immediate action. Outlook For the 2025 financial year, Aumann continues to expect revenue between €210 million and €230 million with an EBITDA margin of 8 to 10%. Beelen, 14 August 2025 Sebastian Roll Jan-Henrik Pollitt Chief Executive Officer Chief Financial Officer IFRS interim consolidated financial statements IFRS consolidated statement of profit or loss 1 Jan - 30 Jun 2025 1 Jan - 30 Jun 2024 unaudited €k €k Revenue 108,285 141,430 Increase (+) / decrease (-) in finished goods and work in progress -138 378 Operating performance 108,147 141,808 Capitalised development costs 1,362 1,579 Other operating income 1,012 751 Total performance 110,521 144,138 Cost of raw materials and supplies -47,569 -72,325 Cost of purchased services -8,902 -11,025 Cost of materials -56,471 -83,350 Wages and salaries -28,137 -31,187 Social security and pension costs -8,534 -8,807 Personnel costs -36,671 -39,994 Other operating expenses -6,005 -5,812 Earnings before interest, taxes, depreciation and amortisation (EBITDA) 11,374 14,981 Depreciation and amortisation -3,179 -3,154 Earnings before interest and taxes (EBIT) 8,194 11,827 Other interest and similar income 1,223 1,841 Interest and similar expenses -173 -338 Net finance costs 1,050 1,503 Earnings before taxes (EBT) 9,244 13,330 Income tax expense -2,803 -4,022 Other taxes -71 -126 Earnings after taxes 6,370 9,182 Earnings per share (in €) - undiluted Earnings per share (in €) - diluted 0.46 0.62 0.46 0.62 IFRS consolidated statement of comprehensive income 1 Jan - 30 Jun 2025 1 Jan - 30 Jun 2024 unaudited €k €k Earnings after taxes 6,370 9,182 Items that may be reclassified subsequently to profit or loss Currency translation differences -274 34 Fair Value Reserve - Debt instruments -10 -18 Other comprehensive income after taxes -284 17 Comprehensive income for the reporting period 6,087 9,199 Statement of financial position 30 Jun 2025 31 Dec 2024 Assets (IFRS) unaudited €k audited €k Non-current assets Internally generated intangible assets 11,587 11,969 Concessions, industrial property rights and similar rights 1,165 1,602 Goodwill 38,484 38,484 Intangible assets 51,235 52,055 Land and buildings including buildings on third-party land 20,304 20,842 Technical equipment and machinery 2,748 2,564 Other equipment, operating and office equipment 4,133 4,308 Advance payments and assets under development 1,114 698 Property, plant and equipment 28,298 28,412 Deferred tax assets 1,729 1,661 81,262 82,128 Current assets Raw materials and supplies 3,169 3,155 Work in progress 2,460 2,098 Finished goods and commodities 0 175 Advance payments 5,966 3,470 Inventories 11,594 8,898 Trade receivables 13,058 17,541 Contract assets 67,165 64,841 Other current assets 8,093 6,934 Trade receivables and other current assets 88,315 89,316 Securities 14,164 5,854 Cash in hand 11 4 Bank balances 96,548 139,243 Cash in hand, bank balances 96,559 139,246 210,633 243,314 Total assets 291,895 325,442 Statement of financial position 30 Jun 2025 31 Dec 2024 Equity and liabilities (IFRS) unaudited €k audited €k Equity Issued capital 12,911 6,496 165,287 14,345 Capital reserves 5,420 Retained earnings 181,950 184,694 201,715 Non-current liabilities Pension provisions 14,409 14,424 Liabilities to banks 1,974 2,801 Liabilities from leasing 1,201 1,470 Other provisions 1,959 1,861 Deferred tax liabilities 17,818 15,975 Other liabilities 720 744 38,080 37,276 Current liabilities Other provisions 26,540 20,171 Trade payables 10,940 26,247 Contract liabilities 14,385 21,691 Provisions with the nature of a liability 10,573 10,498 Liabilities to banks 1,656 1,656 Liabilities from leasing 975 991 Tax provisions 1,603 1,603 Other liabilities 2,449 3,594 69,120 86,451 Total equity and liabilities 291,895 325,442 Consolidated statement of cash flows unaudited 1 Jan - 30 Jun 1 Jan - 30 Jun 2025 2024 €k €k 1. Cash flow from operating activities Earnings before interest and taxes (EBIT) 8,194 11,827 Depreciation and amortisation 3,179 3,154 Increase (+) / decrease (-) in provisions 6,452 -1,769 Gains (-) / Losses (+) from disposal of PPE -5 -3 Other non-cash expense / income -20 91 Adjustments for non-cash transactions 9,606 1,473 Increase (-) / decrease (+) in inventories, trade receivables and other assets -1,905 -3,368 Decrease (-) / increase (+) in trade payables and other liabilities -23,707 -23,556 Change in working capital -25,612 -26,924 Income taxes paid -813 -1,523 Other tax payments -71 0 Interest received 1,252 1,953 Cash flow from operating activities -7,445 -13,194 2. Cash flow from investing activities Investments (-) / divestments (+) of intangible assets -563 -1,538 Investments (-) / divestments (+) of property, plant and equipment -1,422 -1,440 Investments in long-term financial assets and securities -10,260 0 Proceeds from financial assets and securities 1,999 3,000 Cash flow from investing activities -10,246 22 3. Cash flow from financing activities Profit distribution to shareholders -2,840 -2,869 Purchase of treasury shares -20,438 -5,972 Repayments of financial loans -828 -828 Repayments of leasing liabilities -533 -680 Interest payments -173 -338 Cash flow from financing activities -24,812 -10,687 Cash and cash equivalents at end of period Change in cash and cash equivalents (Subtotal 1-3) Effects of changes in foreign exchange rates (no cash effect) Cash and cash equivalents at start of reporting period -42,503 -184 139,246 -23,859 13 133,045 Cash and cash equivalents at end of period 96,559 109,199 IFRS interim consolidated financial statements Page 13 Statement of changes in consolidated equity Retained earnings and other comprehensive income Issued capital €k Capital reserve €k Currency translation difference €k Fair value reserve €k Pension reserve €k Other reserve €k Generated consolidated equity €k Consolidated equity €k 1 Jan 2024 14,694 133,491 -20 6,071 2,438 0 32,634 189,308 Dividends paid Amounts recognised in other comprehensive income Currency translation difference Consolidated net profit Total comprehensive income Purchase of treasury shares Capital increase 0 0 0 0 0 -348 0 0 0 0 0 0 -5,623 178 0 0 34 0 34 0 0 0 -18 0 0 -18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -2,869 0 0 9,182 9,182 0 0 -2,869 -18 34 9,182 9,199 -5,972 178 30 Jun 2024 14,345 128,046 14 6,053 2,438 0 38,947 189,844 1 Jan 2025 14,345 5,420 87 5,974 1,853 122,764 51,271 201,715 Dividends paid Amounts recognised in other comprehensive income Currency translation difference Consolidated net profit Total comprehensive income Purchase of treasury shares Capital increase Reclassification 0 0 0 0 0 -1,434 0 0 0 0 0 0 0 0 171 905 0 0 -274 0 -274 0 0 0 0 -10 0 0 -10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -19,004 0 -905 -2,840 0 0 6,370 6,370 0 0 0 -2,840 -10 -274 6,370 6,087 -20,438 171 0 30 Jun 2025 12,911 6,496 -187 5,964 1,853 102,856 54,801 184,694 Notes to the interim consolidated financial statements Company information Aumann AG is headquartered at Dieselstraße 6, 48361 Beelen, Germany. It is registered in the commercial register of the Münster District Court under HRB 16399. It is the parent company of the Aumann Group. Accounting The interim financial report of the Aumann Group for the period 1 January 2025 to 30 June 2025 was prepared on the basis of the International Financial Reporting Standards (IFRS) published by the International Accounting Standards Board (IASB) as adopted in the EU. It was prepared in accordance with IAS 34. Accounting policies The accounting policies adopted are the same as those applied in preparing the consolidated financial statements as at 31 December 2024. The preparation of the financial statements is influenced by accounting policies and assumptions and estimates affecting the amount and reporting of recognised assets, liabilities, contingent liabilities and income and expense items. Matters relating to revenue are deferred intra-year. Review The condensed interim consolidated financial statements as at 30 June 2025 and the interim Group management report were neither audited in accordance with section 317 of the Handelsgesetzbuch (HGB - German Commercial Code) nor reviewed by an auditor. Dividend The Annual General Meeting on 13 June 2025 decided to pay out dividends for the financial year 2024 amounting to €2.8 million (€0.22 per dividend-bearing share). Dividends were paid on 18 June 2025. Changes in contingent liabilities There were no changes in contingent liabilities as against 31 December 2024. Related party transactions Business transactions between consolidated Group companies and other companies of the MBB Group are conducted at arm's-length conditions. Segment reporting Aumann's management classifies the segments as described in the interim Group management report. Segment liabilities do not include tax liabilities, finance lease liabilities or liabilities to banks. Segment reporting Next Automation E-mobility Reconciliation Group 1 Jan - 30 Jun 2025 unaudited €k €k €k €k Revenue EBITDA 18,844 2,542 89,441 10,669 0 -1,837 108,285 11,374 Depreciation and amortisation -600 -2,518 -62 -3,179 EBIT 1,942 8,151 -1,899 8,194 Net finance cost -44 20 1,074 1,050 EBT 1,899 8,171 -825 9,244 EBITDA-margin 13.5% 11.9% 10.5% EBIT-margin 10.3% 9.1% 7.6% Trade receivables and Receivables from construction contracts 16,989 63,233 0 80,222 Contract liabilities 1,673 17,204 0 18,877 Segment reporting Next Automation E-mobility Reconciliation Group 1 Jan - 30 Jun 2024 €k €k €k €k unaudited Revenue 27,808 113,622 0 141,430 EBITDA 3,634 13,219 -1,871 14,981 Depreciation and amortisation -660 -2,458 -37 -3,154 EBIT 2,975 10,760 -1,908 11,827 Net finance cost -81 27 1,557 1,503 EBT 2,894 10,787 -351 13,330 EBITDA-margin 13.1% 11.6% 10.6% EBIT-margin 10.7% 9.5% 8.4% Trade receivables and Receivables from construction contracts 22,439 83,414 596 106,450 Contract liabilities 10,866 45,440 0 56,306 Of the revenue, €105.9 million (previous year: €141.4 million) was attributable to period-related contracts with customers. The EBT of the segments is transitioned to the Group result as following: Reconciliation of EBITDA to net profit Half-year 2025 2024 €k €k Total EBT of the segments 9,244 13,330 Taxes on income -2,803 -71 6,370 -4,022 Other taxes -126 PAT (Profit after tax) 9,182 Net profit for the period 6,370 9,182 Additional disclosures on financial instruments The following table shows the carrying amounts and fair values of the financial instruments by class and IFRS 9 measurement categories. In addition, the financial instruments measured at fair value are classified in the fair value hierarchy provided for in IFRS 13. The individual levels of this hierarchy are defined as follows: Level 1: The market value determination is based on price quotations of active markets (e.g. stock market prices). Level 2: Market observable parameters are incorporated into the market value determination to a significant extent. Level 3: The market value determination is based on valuation methods in which mainly non-market observable input factors are included. Most of the assets, trade payables, payables to non-controlling partners and other financial liabilities classified at cost in accordance with IFRS 9 have short residual maturities. As at the balance sheet date, their carrying amounts are approximately equivalent to their fair values. In application of IFRS 7.29a, fair value is not disclosed ("n/a"). 30 Jun 2025 Category according Fair value €k to IFRS 9 1 Carrying amount Level 1 Level 2 Level 3 Total 0 Assets Trade receivables AC 13,058 n/a (31 Dec 2024) 17,541 Other financial assets 2 AC 675 n/a (31 Dec 2024) 683 Securities (debt instruments) FVTOCI 14,164 14,164 14,164 (31 Dec 2024) 5,854 5,854 5,854 Cash in hand, bank balances AC 96,559 n/a (31 Dec 2024) 139,246 Liabilities Liabilities to banks FLaC 3,629 3,488 3,488 (31 Dec 2024) 4,457 4,272 4,272 Trade payables FLaC 10,940 n/a (31 Dec 2024) 26,247 Other financial liabilities and provisions 2 FLaC 10,688 n/a (31 Dec 2024) 12,110 Aggregated according to category Financial assets AC 110,292 n/a Financial assets FVTOCI 14,164 14,164 Financial assets FVTPL 0 0 Financial liabilities FLaC 25,257 n/a Financial liabilities FVTPL 0 0 0 ¹ FVTPL: Fair Value through P&L; FVTOCI: Fair Value through OCI; AC: Amortized Cost; FLaC: Financial Liabilities at amortized cost ² Other financial assets and other financial liabilities include all other current assets and other liabilities that do not arise from taxes and accrued income or deferred income. The principles and methods used to determine the fair value are unchanged as at 30 June 2025. Further details can be found in section VI. of the notes to the consolidated statements of financial position for 2024. For securities measured at fair value, fair values are based on the market price quoted on an active market. Investments in equity instruments are predominantly measured at fair value in other compre- hensive income without affecting profit or loss. At the balance sheet date, there were only equity instruments measured at fair value without effect on profit or loss. This presentation is based on the business model and the underlying investment strategy. The fair values of liabilities to banks and liabilities from profit participation rights as well as the contingent consideration from put options are determined as the present values of the expected future cash flows. Discount rates are based on the relevant maturities and creditworthiness. There were no changes between levels in either the current financial year or the past financial year. The following table shows the measurement methods used to determine fair values: Financial instrument Measurement method Material, unobservable input factors 0 The fair value is based on the market not applicable price of equity and debt instruments as at 30 June 2025. Securities Financial instrument Measurement method Discounted cash flows: The valuation model takes into account the present value of the expected payments, discounted using a risk-adjusted discount rate. Liabilities to banks Events after the end of the reporting period No events occured after the reporting date. Responsibility Statement To the best of our knowledge, and in accordance with the applicable reporting principles for interim financial reporting, the interim consolidated financial statements give a true and fair view of the assets, liabilities, financial position and profit or loss of the Group, and the interim management report of the Group includes a fair review of the development and performance of the business and the position of the Group, together with a description of the principal risks and opportunities associated with the expected development of the Group. Beelen, 14 August 2025 Sebastian Roll Jan-Henrik Pollitt Chief Executive Officer Chief Financial Officer Financial calendar Half-year Financial Report 2025 14 August 2025 Interim Statement Q3 2025 13 November 2025 End of the 2025 financial year 31 December 2025 Contact Aumann AG Dieselstraße 6 48361 Beelen Germany Tel. +49 2586 888 7800 https://www.aumann.com [email protected] Legal Notice Aumann AG Dieselstraße 6 48361 Beelen Germany

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