Datalogic

Investor Presentation • Nov 10, 2022

INTERNAL Datalogic Confidential

Copyright Datalogic 2022 – Confidential Proprietary Information

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9M 2022 Results Conference Call

NOVEMBER 10, 2022

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information purposes. The information set out herein has not been verified by an independent audit company.

whether written, oral or in visual or electronic form, transmitted or made available.

• This document has been prepared by Datalogic S.p.A. (the "Company") for use during meetings with investors and financial analysts and is solely for
• Neither the Company nor any of its subsidiaries, affiliates, branches, representative offices (the "Group"), as well as any of their directors, officers, employees, advisers or agents (the "Group Representatives") accepts any responsibility for/or makes any representation or warranty, express or implied, as to the accuracy, timeliness or completeness of the information set out herein or any other related information regarding the Group,
• This document may contain forward-looking statements about the Company and/or the Group based on current expectations and opinions developed by the Company, as well as based on current plans, estimates, projections and projects of the Group. These forward-looking statements are subject to significant risks and uncertainties (many of which are outside the control of the Company and/or the Group) which could cause a
• The information set out in this document is provided as of the date indicated herein. Except as required by applicable laws and regulations, the
• Under no circumstances shall the Group and/or any of the Group Representatives be held liable (for negligence or otherwise) for any loss or damage howsoever arising from any use of this document or its contents or otherwise in connection with the document or the aforesaid forward-
• This document does not constitute an offer to sell or a solicitation to buy or subscribe to Company shares and neither this entire document or a
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material difference between forward-looking information and actual future results.

Company assumes no obligation to provide updates of any of the aforesaid forward-looking statements.

looking statements.

portion of it may constitute a recommendation to affect any transaction or to conclude any legal act of any kind whatsoever.

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Disclaimer

9M 2022 & Q3 2022 Results

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1

Net Debt at €83.6M

Q3 2022 Results

9M 2022 Results

INTERNAL Datalogic Confidential Copyright Datalogic 2022 – Confidential Proprietary Information Page 3 The comparative results as of September 30, 2021 have been restated following the purchase price allocation (PPA) accounting of MD Group acquisition occurred in 2021, as required by the accounting standards IFRS 3 revised and IAS 1, including reclassifications to ensure results comparability. 1 3

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• ❑ Top line growth +10.3% (+4.8% Net FX), Q3 accelerating at +14.1% (+6.9% Net FX) across main geographies and sectors
• ❑ Positive price/mix in the quarter across main geographies and product lines
• ❑ Revenue from new products (vitality index) at 15.5% vs 11.8% in 9M2021

• ❑ Price/Mix, less recourse to spot buy and product redesign improve the Gross Operating Margin at 42.2%
• ❑ R&D Cash Out at €47.0M, steady at around 10.0% on revenues, executing technological roadmap
• ❑ Adj EBITDA margin at 11.8% (13.6% in Q3 in line with previous year)
• ❑ Net Debt at €83.6M, mainly affected by high Net Working Capital

9M 2022 Highlights: progressive improvement on a quarterly basis

❑ EMEAI: Group's first market grows by 6.1% (+5.2% Net FX), mainly driven by UK & Nordics and Iberia

❑ AMERICAS: Group's second-largest market leads the overall growth at +20.0% (+6.9% Net FX), across all the main industries and

• product lines
• ❑ APAC: Strong performance in Japan (> +30% Net FX)

Group Revenues by Geography

€m	9M 2022	9M 2021 Restated1	% Var
EMEAI	256	241	6
	0	3	1%
Americas	148	124	20
	8	0	0%
APAC	71	66	6%
	7	6	7
Total Datalogic	476 5	431 9	3% 10

Copyright Datalogic 2022 – Confidential Proprietary Information Page 5 The comparative results as of September 30, 2021 have been restated following the purchase price allocation (PPA) accounting of MD Group acquisition occurred in 2021, as required by the accounting standards IFRS 3 revised and IAS 1, including reclassifications to ensure results comparability. 1

❑ Retail: +10.2% driven by double digit performance in APAC (+39.7%) and Americas (+29.6%)

❑ Manufacturing: Americas and EMEAI lead the sector's performance, recording growth of 34.3% and 12.9% respectively

❑ T&L: highest growing industry, at double digits in all geographical areas led by major projects

❑ Channel: positive performance in all geographic areas, particularly in EMEAI and Americas

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Group Revenues by Segment

€m	9M 2022	9M 2021 Restated1	% Var
Retail	168	153	2%
	8	2	10
Manufacturing	132	120	2%
	9	5	10
Transportation	68	58	3%
&	9	8	17
Logistics
Healthcare	12	13	(11
	3	9	9%)
Channel	81	72	7%
	3	8	11
Total	464	419	8%
Business	2	1	10
DL
Informatics	13	13	3%
	7	7	0
division Intra	(1 4)	(0 9)
Total Datalogic	476 5	431 9	10 3%

Copyright Datalogic 2022 – Confidential Proprietary Information Page 6 The comparative results as of September 30, 2021 have been restated following the purchase price allocation (PPA) accounting of MD Group acquisition occurred in 2021, as required by the accounting standards IFRS 3 revised and IAS 1, including reclassifications to ensure results comparability. 1

❑ Vitality Index at 15.5%.

❑ R&D Cash Out at 9.9% in line with the 9M 2021. Commitment to Product Development Roadmap

Page 7 * Including capitalized R&D expenses and excluding D&A

continues. *

New Product Launches and Innovation

Mobile Computer Hand Held Scanners

QUICKSCAN™ QM/QBT2500 – Cordless Models

ANDROID 11 for PDT and PDA Devices

• Gross Margin at 42.2%: -2.6 pp YoY . Improvement in Q3 thanks to positive pricing and mix and less inflationary effects on cost
• Operating expenses at €167.7m, mainly due to normalized marketing and commercial activities and currency effect
• Adj EBITDA margin at 11.8% (-3.5 pp YoY), in progressive improvement on a quarterly basis
• Net Result at €15.8m vs €30.3m in 9M 2021, with negative currency effects hitting financial items

Copyright Datalogic 2022 – Confidential Proprietary Information Page 8 The comparative results as of September 30, 2021 have been restated following the purchase price allocation (PPA) accounting of MD Group acquisition occurred in 2021, as required by the accounting standards IFRS 3 revised and IAS 1, including reclassifications to ensure results comparability. 1

9M 2022 P&L

€ m	9M 2022	9M 2021 Restated1	Var %
Revenues	476.5	431.9	10.3%
Gross Margin	201.0	193.6
% on Revenues	42.2%	44.8%	-2.6 pp
Operating expenses	(167.7)	(147.8)
% on Revenues	(35.2%)	(34.2%)	-1.0 pp
Adjusted EBITDA	56.3	66.2
% Adj. Ebitda margin	11.8%	15.3%	-3.5 pp
Adjusted EBIT	33.3	45.8
% Adj. Ebit margin	7.0%	10.6%	-3.6 pp
EBIT	28.1	37.4
% Ebit margin	5.9%	8.7%	-2.8 pp
Net Result	15.8	30.3
% on Revenues	3.3%	7.0%	-3.7 pp

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€ m

EBITDA Adj: actual vs last year

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Net Debt & Cash Flow Analysis : Dec'21 – Sep'22

€ m

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Thanks to a still high backlog and the actions undertaken on both pricing and supply chain, for the last quarter of 2022 we remain confident in achieving sales' growth compared to the previous year and operating profitability in line with that recorded in the first nine months.

This despite persisting issues on supply chain, the perduring negative booking trend and increasing uncertainties over demand following the deterioration of the economic environment.

2022 Outlook

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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

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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

© 2022 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

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Copyright Datalogic 2022 – Confidential Proprietary Information

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