Jungheinrich : Presentation balance sheet press conference (March 2026)

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Balance sheet press conference for the 2025 financial year and outlook for 2026 Dr Lars Brzoska (Chairman of the Board of Management) Heike Wulff (Member of the Board of Management, Finance) Hamburg, 27 March 2026 2025 Highlights Key figures for 2025 Outlook for 2026 Dr Lars Brzoska Heike Wulff Dr Lars Brzoska Additional information Board of Management team Dr Lars Brzoska Chairman of the Board of Management, Corporate Nadine Despineux Member of the Board of Management, Sales Dr Tobias Harzer Member of the Board of Management, Automation & Warehouse Equipment Maik Manthey Member of the Board of Management, Technics Heike Wulff Member of the Board of Management, Finance 3 Incoming orders (€5.4 billion) and revenue (€5.5 billion) robust Strategy 2030+ successfully launched in first year EBIT, adjusted for one-off effects, of €448 million (EBIT ROS 8.1%) Transformation programme largely implemented Free cash flow is strong at €314 million Market entry into Mid-Tech segment started positively Dividend proposal: payment ratio stable at 28 per cent Implementation of new segment structure completed 4 Business development robust in 2025, earnings impacted by one-off effects 2025 forecast achieved Incoming orders in € billion 5.4 5.4 - 5.6 Revenue in € billion 5.5 5.4 - 5.6 EBIT in € million 228 220 - 260 EBIT ROS in % 4.2 4.1 - 4.6 EBT in € million 196 190 - 230 EBT ROS in % 3.6 3.6 - 4.1 ROCE in % 8.3 7.0 - 11.0 Free cash flow in € million 314 > 250 1 Ad-hoc release Actual 2025 Forecast 5 December 2025 1 Forecast adjusted during 2025 Sale of Russian subsidiary Transformation programme Research and development As a result: €-220 million earnings-related one-off effects EBIT excluding one-off effects €448 million with EBIT ROS of 8.1% in line with forecast from March 2025 (€430 - 500 million or 7.8 - 8.6%) 5 Important successes in our strategic fields of action Global expansion Automation Portfolio extension Transformation Successful integration of US acquisition Invar into Storage Solutions Group Opening of Global OEM Center in Shanghai (China) to pool central functions in Mid-Tech business Opening of Business Excellence Center in Malaysia Significant customer projects for warehouse automation won Expansion of customer base for mobile robots through new solutions Implementation of a global organisation for marketing and sales and development Market entry into Mid-Tech segment through strategic partnership with EP Equipment ("AntOn by Jungheinrich") Development of numerous innovations in High-Tech segment Launch of corporate venturing unit Uplift Ventures and successful spin-off of turnus.ai Transformation programme launched, personnel and location-based measures largely implemented Continuation of our digital transformation with the DEEP programme (Digital End-to-End Processes) CDP sustainability rating: level A achieved for the first time 6 The ongoing transformation programme strengthens global competitiveness and ensures sustainable profitability Transformation programme Response to more intense global competition and increasing cost pressure to make the company fit for the future Sustainable cost savings of around €100 million annually by optimising production network and making organisation more efficient, largely effective in 2027, full effect in 2028 Around 500 of the 1,000 positions worldwide (reductions and relocations) affect Germany Implementation faster than planned: most of the negotiations that are subject to co-determination with Works Council committees are complete: Production closure in Luneburg (31/03/2027) and relocation to other Jungheinrich plants has been negotiated and is being implemented Capacity adjustment in Norderstedt implemented One-off expenses: €93 million 1 in 2025, €17 million expected for 2026 €100 million cost savings p.a. 1,000 positions reduction and relocation Optimised production network 1 Cash impact largely in 2026 7 8 Strategic partnership positions Jungheinrich in attractive growth segment New portfolio as entry into Mid-Tech market May 2025: Jungheinrich and EP Equipment agree on strategic partnership Pooling of both companies' strengths to increase efficiency, productivity and sustainability in global material handling Global industrial trucks market 1 ~20% ~40% ~ 2.2 million Chinese Successful launch in Europe in fourth quarter of 2025 with warehouse equipment and electric counterbalanced trucks, volume and margin targets achieved as planned Sales channels (multi-channel approach) expanded, in particular through dealers and e-commerce Expansion of portfolio and regional expansion to Asia-Pacific and Latin America already started Establishment of OEM Center in China to pool key functions for ~ 1.5 million ~10% ~30% ~60% 2019 2024 domestic market Exports by Chinese manufacturers ~40% Rest of market development and management of global portfolio in Mid-Tech market Expansion of partnership with EP Equipment planned "China Wave" - rapidly growing Mid-Tech market which is primarily served by Chinese suppliers 1 Based on WITS & Chinese export statistics, incoming orders in units 9 Key figures for 2025 Heike Wulff 2 Increase in incoming orders despite challenging market environment Incoming orders 5,387 5,311 +1% in € million Incoming orders 132 126 +5% in thousand units Positive development , particularly in customer services and in new business Participation in market growth of warehousing equipment Product mix contributed to growth in units 2024 2025 2024 2025 11 Revenue up slightly against previous year Short-term rental and used equipment 781 775 - 0.8 Customer services 1,535 1,576 2.7 Intralogistics segment 5,464 5,566 1.9 Financial Services segment 1,417 1,473 4.0 Consolidation -1.489 -1.536 3.2 Jungheinrich Group 5,392 5,502 2.0 +2% 5,392 5,502 in € million 2024 2025 Change % New business 3,148 3,214 2.1 Revenue in € million 2024 2025 Higher revenue in new business - driven by automation projects - and in customer services Table contains rounding differences. 12 Revenue benefits from positive development in USA Revenue by region 61% (61%) EMEA excluding Germany 20% (22%) Germany 7% (7%) APAC Figures for previous year shown in brackets. 12% (10%) in € million 2024 2025 Change % EMEA 4,486 thereof Germany 1,168 4,478 1,119 - 0.2 - 4.2 Americas 523 649 24.1 APAC 383 375 - 2.1 Total 5,392 5,502 2.0 Americas Top 5 revenue countries 1. 2. 3. Germany Italy France USA United Kingdom 13 EBIT shaped by one-off effects of €220 million in second half of 2025 93 18 448 424 109 228 EBIT ROS 4.2% EBIT ROS 7.9% -24 EBIT ROS 8.1% EBIT 2025 Sale of Russian subsidiary 1 Contract signing July 2025, closing February 2026 Transformation programme Expenses for the transformation programme, which was approved in July 2025, involving personnel and location-based measures Research & development Loss on disposal of capitalised development expenditure for a discontinued technology EBIT 2025 Operating EBIT contribution of the Russian subsidiary excluding one-off effects 1 Operating EBIT EBIT 2025 excluding Russia business 2 1 Adjusted for earnings-related one-off effects; includes €24 million operating EBIT contribution of the Russian subsidiary. 2 Adjusted for earnings-related one-off effects as well as operating EBIT contribution of Russia business that was discontinued from 2026. 14 Earnings parameters impacted by one-off effects +3% 448 2 434 1 One-off effects (220) 4.2% 228 EBIT ROS 8.1% 8.1% EBIT in € million EBT +3% 416 2 404 1 3.6% 196 EBT ROS 7.5% One-off effects (220) 7.6 % in € million 2024 2025 2024 2025 Negative effects of €220 million resulting from sale of the Russian subsidiary (€-109 million), transformation programme (€-93 million) and loss on disposal of capitalised development expenditure (€-18 million) 1 Excluding Russia business (around €135 million in revenue and €29 million in EBIT), this results in an EBIT ROS of 7.7% and an EBT ROS of 7.1%. 2 Excluding Russia business (around €150 million in revenue and €24 million in EBIT), this results in an EBIT ROS of 7.9% and an EBT ROS of 7.3%. 15 Discontinuation of business activities in Russia leads to significant one-off negative effects Sale of Russian subsidiary Contract signed for the sale of Jungheinrich Lift Truck OOO to a Russian financial investor in July 2025 Sale was significantly below carrying amount: sale price is around 20% of the fair value as per Russian valuation assessment Negative one-off effects : 2025: €109 million 1 (€85 million in Q3 2025, €24 million in Q4 2025) 2026: €20 million 2 (taken into account in 2026 forecast) Approval by the Russian government commission in December 2025 subject to conditions that reduced the purchase price , completion in February 2026 In 2025, Russian subsidiary contributed approximately €150 million each to incoming orders and revenue, as well as €24 million to operating EBIT 1 Impairment losses connected to categorisation as disposal group. 2 Deconsolidation effect (Q1 2026). €129 million overall cost ~600 FTE leavings 3 February 2026 completion 3 Not part of the transformation programme. 16 Dividend: payment ratio of 28% maintained Profit or loss in € million Earnings per preferred share - 64% in € Payment ratio in % Dividend per preferred share in € 289 - 64% + - 0%p 2.84 104 1.03 0.80 - 64% 28 28 0.29 1 2024 2025 2024 2025 2024 2025 2024 2025 Tax rate of 47% as a result of non-deductible losses from sale of Russian subsidiary leads to significantly lower profit or loss - even so, stable payment ratio of 28% 1 Proposal. 17 Focus on capacity expansion abroad, slight reduction in Germany Group employees in FTE 1 +516 +3% -91 - 1% 20,922 21,438 13,019 12,412 8,419 8,510 +607 +5% 31/12/2024 Abroad Germany 31/12/2025 Key drivers: expansion of Business Excellence Centers (209 employees), production expansion at plant in Czechia (121 employees) and US acquisition of Invar (48 employees) 1 Full-time equivalents (FTE), including trainees and apprentices, excluding temporary workers. 18 Capital expenditure at previous year's level, increase in R&D expenditure Capital expenditure 1 87 88 - 1% in € million Research and development expenditure +20% 205 in € million 1.6% Capital expenditure ratio 1.6% 171 Disposal of capitalised development expenditure Research and development 29% Capitalisation ratio 28% 187 18 2024 2025 2024 2025 Capital expenditure in reporting year includes partial amount of around €11 million for construction of Jungheinrich Experience Center Around half the increase caused by loss on disposal of capitalised development expenditure (€18 million one-off effect) for a discontinued technology 1 Property, plant and equipment and intangible assets excluding capitalised development expenditure and right-of-use assets. 19 Strong free cash flow Cash flow from operating activities in € million Cash flow from investing activities in € million Free cash flow in € million 431 €-117 million €-88 million 578 490 2025 2024 €-30 million 314 -147 -177 2024 2025 2024 2025 Cash flow from operating activities reflects negative impact from working capital It was not possible to repeat the very strong reduction in receivables recorded in the previous year Cash flow from investing activities includes in particular the purchase price payment for Invar Strong free cash flow despite negative effects from operating and investing activities 20

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