Datalogic

Investor Presentation • Oct 3, 2023

INVESTING EMILIA ROMAGNA

OCTOBER 03, 2023

GROUP OVERVIEW

Datalogic at a Glance

Global technology leader in the data capture and industrial automation, in the Retail, Manufacturing, Transportation & Logistics, and Healthcare industries.

Founded in 1972, listed on the Italian Stock Exchange since 2001.

450+ Engineers in 8 R&D centers and 3 DL Labs in Italy, USA, Vietnam, and China

10% Revenues invested in R&D

11 Manufacturing & Repair sites in: USA, Hungary, Slovakia, Italy, China, Vietnam, and Australia

Datalogic, a leading group

• Worldwide leadership in barcode reading for Manufacturing, T&L and Retail applications
• Well-established brand with solid global customer base including Fortune 500 Companies

• Dedicated focus on Smart Sensors and Safety for Automated Manufacturing

• Focus on core identification/barcode reading technology while investing in the new frontier of Artificial Intelligence, Machine Vision and Deep Learning

• Sound investments to enhance Product offer with easy-to- integrate solutions

• M&A in key segments to expand market share and boost technology

• Solid profitability and cash generation

50+ Years of Expansion

• FOUNDATION • Establishedin Bologna		LISTING Listed on the STAR segment of the ItalianStock Exchange		INNOVATION • Acquisition of Multiware Photonics SA • Partnership with CAEN RFID Srl		EXPANSION • Acquisition of M.D. Micro Detectors SpA
1972	1997-1998	2001	2002-2011	2012-2015	2017-2020	2021	2022
	EXPANSION • Escort Memory Systems Inc. • IDWaremobile Computing & Communications		EXPANSION • MinecAB • Laservall SpA • InformaticsInc. • PSC Inc. • Datasensor SpA • EvolutionRobotic Retail Inc. • Accu-Sort • PPT Vision Inc.	System Inc.	EXPANSION • Set up new OneDatalogic • Acquisition of SOREDI Touch Systems GmbH		ANNIVERSARY • 50th Years of innovation EXPANSION • Acquisition of Pekat Vision

Datalogic Group footprint – Offices and Facilities

Our Aim, our Dream, our Beliefs

"Shape the future with intelligence and innovation."

"We enable our customers to gain a competitive edge by offering the most advanced Data Capture and Industrial Automation products and solutions."

Our Strategy

• ❖ Enhance hardware offer with software, driving efficiency in Client-facing, Supply Chain and Manufacturing applications in Retail, T&L, Healthcare and Factory Automation verticals
• ❖ Consolidate position in EMEAI and become a strong player in the United States
• ❖ Grow our presence in China
• ❖ Push towards innovative Solutions, where traditional AUTO-ID capabilities are offered bundled with additional Deep Learning / Vision software, analytics and other services
• ❖ M&A focus in Technology to boost both portfolio and capabilities and Customer base to boost penetration

Main innovation trends in Retail - Increasingly self check-out and contactless

Datalogic Proposition

• Market Leader along the Retail supply chain from 1974 with the first scanner ever sold to a grocery store in Troy, Ohio
• Excellence in productivity and customer experience for self-checkout and attended lanes for both Grocery and Non-Food with FRS and HHS product portfolio
• Perfect partner to automate operations and exploit Retail analytics, thanks to AI/machine learning-driven applications and automation
• Innovative solutions to integrate in-store with warehouse operations

Main Applications

Main innovation trends in Manufacturing - Process digitization

Datalogic Proposition

• Multi-product portfolio to serve all the major manufacturing clients: Automotive, Food and Beverage, Automated Machinery and Electronics, Packaging and Intralogistics
• Leader in traceability thanks to the most complete and performing offer of stationary industrial scanners
• Unique portfolio provider of smart, interconnected devices able to unlock new frontiers of action-oriented insights based on advanced analytics (e.g. predictive maintenance)

Main Applications

Automotive

• Powertrain assembly
• Interiors (texturing) assembly
• Suspensions & braking system assembly
• Exteriors assembly
• WIP traceability
• Direct Part Marking (marking and reading)
• Supplier components tracking

Electronics

• Board assembling and testing
• Device assembling and testing
• Personalization and branding
• Device packaging and warehousing
• Labeling and DPM verification and tracking
• Wafer marking

Packaging

• Primary packaging tracking
• Cartoning traceability
• Bundling/Tray packing/Shrink wrapping traceability
• Case packing traceability
• End-of-
• Line/Palletizing/Wrapping/Robotics traceability
• Printed label verification

Intralogistics

• Label reading and verification
• Parts/boxes
• identification/traceability
• Palletizing
• Warehouse management
• Sorting and shipping

Main innovation trends in Transportation & Logistics – E-commerce is market driver

Datalogic Proposition

• We enhance operations to Courier-Express-Parcels, Airports and Logistics
• At the forefront of the development of airport systems, since 1984 with the first automatic reading station in Milan, to the recent contracts on 3 of the 5 main airports worldwide (source: SkyTrax rating)
• Historically leader in stationary industrial scanners, providing top performing solutions for High-Speed sorting to all the main CEPs and 3PLs
• Increased level of efficiency and full tracking capabilities along different supply chain phases for enhanced decision-making

Main Applications

Airport	Courier & Parcels	Postal	3PLs	E-commerce
• Baggage handling systems • Baggage reconciliation • Out-of-gauge • Check-in and bag drop off handling	• Sorting • Field mobility • Outbound • Parcel detection on belt • Inbound & Induction	• Field mobility • Small parcel sortation • Parcel transport and sortation systems • Point-of-Sales • Inbound & Induction	• Receiving • Put away • Order fulfillment • Storage • Shipping	• Picking • Reverse logistics • Manual & Automated sorting • On-field operations •
				Hands-free solutions

Main innovation trends in Healthcare – Digital dominates and sustainability grows

Datalogic Proposition

• We empower the entire Healthcare ecosystem from drug production to patient care
• Datalogic is the sole company providing unique product features for the HC industry such as: Anti-microbial enclosures, Inductive charging technology for battery recharge, and Green spot good match to ensure positive medicine-patient identification

Main Applications

Hospitals

• Admittance
• Patient bed care
• Analysis labs
• Surgery tools verification
• Inventory management

Pharmacies

• Point-of-sale
• In-store operation
• Inventory management
• Receiving

Pharmaceutical

• Drugs production
• Pharma products distribution
• Warehousing

OPERATING MODEL

Unique Player with two major products platforms to better address different application needs across verticals

New Datalogic operating model

• Industry knowledge, focus on end-users and our main 4 Verticals keep on being the core of our strategy
• Two main operating market segments implemented to properly and effectively execute strategy due to evolution of the market and of customer's needs, and effectively address:
• a higher focus on Product Groups
• different go to market models, buying criteria priorities and client's point of contacts by Market segments
• specialized expertise of the sales force by Application, across different industries
• A dedicated Business Unit focused on pushing towards both cross-products and market specific Solutions

FINANCIALS

1H 2023 Highlights: improving profitability and cash flows in an uncertain demand environment

• ❑ Revenues decreased by 5.3%, due to a soft demand and the continuing destocking cycle in distribution, in all geographical areas ❑ R&D Cash Out at €32.0M, steady at around 10.7% on revenues, maintaining solid levels of R&D investments
• ❑ Gross Operating Margin, improving on a quarterly basis, at 42.4% compared to 39.6% in H1 2022 (+2.8 pp) thanks to positive effects of price, mix and productivity in an eased environment on the procurement side ❑ Adj EBITDA margin at 11.1% (10.9% in H1 2022), thanks to the improvement in industrial margins and despite higher operating expenses and negative volumes
• ❑ Positive price/mix in the semester across main geographies and product lines ❑ Net Debt down at €25.1M, thanks to a sound +€31.8M operating cash flow generation, fueled by

tight control on Net Working Capital

Group Revenues by Geography

€m	H1 2023	H1 2022	Var %
EMEAI	164.0	170.3	(3.7%)
Americas	91.6	96.2	(4.7%)
APAC	42.3	48.1	(12.0%)
Total Datalogic	298.0	314.6	(5.3%)

❑ EMEAI: Group's first market down by 3.7%. DACH growing +9.4%, Italy down by 3.3%

• ❑ AMERICAS: Group's second-largest market down by 4.7%, despite positive trend in check out solutions and industrial scanners
• ❑ APAC: -12.0% YoY, (-8.7% Net FX), growing in SEA and ANZ

Group Revenues by Market Segment

€m	H1 2023	H1 2022	Var %
Data Capture	178.9	190.7	(6.2%)
Industrial Automation	111.1	116.0	(4.2%)
Total DL Business	289.9	306.7	(5.5%)
Informatics	8.2	8.5	(3.1%)
Intra division	(0.2)	(0.6)
Total Datalogic	298.0	314.6	(5.3%)

❑ Data Capture: -6.2%, down in all geographical areas, despite a double-digit growth in check out solutions in both EMEAI and Americas

❑ Industrial Automation: Americas growing +3.5%, down the other geographies

New Product Launches and Innovation

Hand Held Scanners Stationary Industrial Scanners Sensors, Safety & Machine Vision

Gryphon™ 4500 Fixed Series

Matrix 220X Premium

Matrix 320X Premium

Smart-VS+ smart vision sensor

MX-C50 vision processor

❑ R&D Cash Out at 10.7%, +0.9 bps vs H1 2022 (9.8%). Commitment to Product Development Roadmap continues *

❑ Vitality Index at 6.5% on H1

H1 2023 P&L

€ m	H1 2023	H1 2022 restated*	Var %
Revenues	298.0	314.6	(5.3%)
Gross Margin	126.4	124.6
% on Revenues	42.4%	39.6%	+2.8 pp
Operating expenses	(109.5)	(105.4)
% on Revenues	(36.7%)	(33.5%)	-3.2 pp
Adjusted EBITDA	33.0	34.3
% Adj. Ebitda margin	11.1%	10.9%	+0.2 pp
Adjusted EBIT	17.0	19.2
% Adj. Ebit margin	5.7%	6.1%	-0.4 pp
EBIT	12.6	15.3
% Ebit margin	4.2%	4.9%	-0.6 pp
Net Result	12.1	8.8
% on Revenues	4.1%	2.8%	+1.3 pp

• Gross Margin at 42.4%: +2.8 pp YoY . Improvement in H1 compared to previous year thanks to positive pricing/mix and productivity offsetting negative volumes ▪ Operating expenses at €109.5m, mainly due to continuous investments in R&D and S&D
• Adj EBITDA margin at 11.1% (+0.2 pp YoY), thanks to improving industrial margins, despite higher operating expenses
• Net Result at €12.1m vs €8.8m in H1 2022, up vs Y-1 thanks to financial items, mainly

Page 22 * Restatement mainly due to reclassification of some installation costs from S&D to COGS

EBITDA Adj: actual vs last year

Net Debt & Cash Flow Analysis : Dec'22 – Jun'23

APPENDIX

Stock and Governance

Market Segment: EURONEXT STAR MILAN

Reuters Code: DAL.MI

Bloomberg Code: DAL IM

Outstanding Shares: 58,446,491

Share Par-Value: 0.52 Euro each

Ticker: DAL Market Cap (September 2023): 350 mln Euro Volumes : 3 months average ̴130K Auditing Company: Deloitte

DATALOGIC SHARE PERFORMANCE vs. INDICES SHAREHOLDERS' STRUCTURE

A consistent review in Datalogic accounting reporting

Area	From	To
Division	• 2 CGUs: • Datalogic Business • Informatics	• 2 CGUs: • Datalogic Business • Informatics
Geo Area	• 3 Geo Areas: • EMEAI • Americas • APAC	• 3 Geo Areas: • EMEAI • Americas • APAC	No Changes
Sector in DL business	• 4 Main Verticals: • Retail • Manufacturing • T&L • Healthcare	• 2 Main Market Segment: • Data Capture • Industrial Automation	Changed from Q1 2023

Contact

IR CONTACTS

IR Manager Alessandro D'Aniello Tel. +39 051 3147109 ir@datalogic.com Via Candini, 2 40012 Lippo di Calderara di Reno Bologna – Italy

IR Advisor

Vincenza Colucci CDR Communication Srl Tel. +39 335 6909547 vincenza.colucci@cdr-communication.it

IR Assistant

Daniela Giglioli Tel. +39 051 3147109 Fax +39 051 3147205 daniela.giglioli@datalogic.com

NEXT EVENTS

October 10, 2023 Italian Excellences 2023 – Intesa Sanpaolo

November 09, 2023 9M 2023 Results

DATALOGIC ON LINE

www.datalogic.com

THANK YOU

This presentation contains statements that are neither reported financial results nor other historical information. These statements are forward-looking statements. These forward-looking statements rely on a number of assumptions and are subject to a number of risks and uncertainties, many of which are outside the control of Datalogic S.p.A., that could cause actual results to differ materially from those expressed in or implied by such statements, such as future market conditions, currency fluctuations, the behavior of other market participants and the actions of governmental and state regulators

© 2023 Datalogic S.p.A. and/or its affiliates - All rights reserved. • Without limiting the rights under copyright, no part of this documentation may be reproduced, stored in or introduced into a retrieval system, or transmitted in any form or by any means, or for any purpose, without the express written permission of Datalogic S.p.A. and/or its affiliates • Datalogic and the Datalogic logo are registered trademarks of Datalogic S.p.A. in many countries, including the U.S. and the E.U. • All other trademarks and brands are property of their respective owners.

Datalogic S.p.A.

Via Candini, 2 - 40012 Lippo di Calderara di Reno - Bologna (Italy) Tel. +39 051 3147011 | Fax +39 051 3147205 corporate@datalogic.com www.datalogic.com