STS Group AG

Investor Presentation • Feb 27, 2019

Investor Presentation February 27, 2019

Disclaimer This presentation may contain forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. Forward-looking statements may include, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. STS Group AG has based these forward-looking statements on its current views and expectations and on certain assumptions of which many are beyond STS Group AG's control. Actual financial performance could differ materially from that projected in forward-looking statements due to the inherent uncertainty of estimates, forecasts and projections, and financial performance may be better or worse than anticipated. Given these uncertainties, readers should not put undue reliance on any forward-looking statements. The information contained in this presentation is subject to change without notice and STS Group AG does not undertake any duty to update the forward-looking statements, and the estimates and assumptions associated with them, except to the extent required by applicable laws and regulations.

This presentation includes references to non-IFRS financial measures, including, but not limited to: FCF, EBITDA, EBITA, EBIT, EBITA margin, capital expenditure as percentage of revenue, other operating income, net financial debt, and net working capital. We have provided these measures and other information in this presentation because we believe they provide investors with additional information to assess our performance. Our use of these supplemental financial measures may vary from others in our industry and should not be considered in isolation or as an alternative to our results as reported under IFRS.

Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.

Presenter

Andreas Becker CEO

Andreas Becker has been Chief Executive Officer (CEO) of the STS Group since its foundation in 2017. His areas of responsibility include in particular sales, purchasing, research & development and human resources. In addition, the companies MCR and STS China report directly to him.

Before Andreas Becker lead STS Acoustics as CEO (2013). Between 1996 and 2013 he held various management positions at the Autoneum Group, a global automotive supplier like STS Group. From 2010 to 2013, he was also responsible for the management in Italy as well as the Truck Business Worldwide division.

STS Group At a Glance

Key Facts

• u One of the leading global suppliers of soft and hard trim parts and systems to international commercial vehicle OEMs with over 80 years of experience.
• u Balanced product portfolio with diversified customer base.
• u Significant share of business as single source.
• u Vertical integration contributes to stable performance.

• u Highly attractive growth prospects based on market penetration and expansion in existing and new geographies along existing portfolio.

• 401 mEUR Prelim. revenue 2018

• 23.7 mEUR Prelim. Adjusted EBITDA 2018
• 2,500+ Employees
  • 17 Sites
  • 4 R&D Centers
  • 80+ Years in the Industry

STS Group is one of the leading integrated commercial vehicle parts supplier.

Guidance 2018

• o Consolidated revenues at least 30 % above the prior year figure of 310 mEUR
• o Adjusted EBITDA to increase significantly in comparison to adjusted EBITDA for 2017 financial year, which amounted to 14.2 mEUR

Preliminary Figures 2018 o Revenue grew by around 29% year-on-year to 401.2 mEUR in 2018 (2017: 310.0 mEUR) o Adjusted EBITDA rose by around 67% year-on-year to 23.7 mEUR (2017: 14.2 mEUR)

Significant growth in revenues and adjusted EBITDA in 2018.

Guidance 2019

o Adjusted EBITDA at least at previous year's level (2018: 23.7 mEUR), increase of EBITDA by ≥ 100% compared to previous year (2018: 11.9 mEUR), revenue expected to remain at previous year's level.

Revenues to remain on same level and significant increase in net result due to completed integration and IPO.

Mid-Term Guidance

o Medium-term guidance up to 2023 with target revenue ≥ 500 mEUR and target EBITDA margin ≥ 10%

STS Group sees also additional potential for growth in the coming years in targeted, nonorganic growth.

²⁰¹⁹ Financial Calendar

Conferences and relevant publications in 2019.

4 April 2019	Publication financial report 2018
16/17 April 2019	CF&B 14th Smallcap Event, Paris
7/8 May 2019	MKK Munich Capital Market Conference, Munich
15 May 2019	Publication quarterly statement (call-date Q1)
17 May 2019	Annual General Meeting
4 June 2019	Prior Capital Market Conference, Frankfurt/Main
27 June 2019	Market Capital Day, Frankfurt
7 August 2019	Publication half-yearly financial report
2/3 September 2019	Autumn Conference, Frankfurt/Main
11 September 2019	ZKK Zurich Capital Market Conference, Zurich
6 November 2019	Publication quarterly statement (call-date Q3)
25/27 November 2019	German Equity Forum 2019, Frankfurt/Main
4 April 2019	Publication financial report 2018

Thank you for your attention

Stefan Hummel Head of Investor Relations ir@sts.group