AD Plastik d.d.

Investor Presentation • Apr 30, 2025

RESULTS FOR 2024 AND THE FIRST QUARTER OF 2025

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	A B C	D
A	REVIEW OF 2024	3
B	FINANCIAL RESULTS 2024	9
C	MAIN FEATURES AND FINANCIAL RESULTS Q1 202 5	16
D	EXPECTATIONS	24

REVIEW OF 2024

MAIN FEATURES 2024 4
SUSTAINABILITY INDICATORS IN 2024 5	A
THE MOST IMPORTANT DEVELOPMENT PROJECTS IN 2024 7
THE NEWLY REGISTERED CAR MARKET 8

SEALED DEALS WORTH EUR 54.8 MILLION

SUSTAINABILITY INDICATORS IN 2024

SHARE OF WOMEN		2024 vs 2023	Δ
TOTAL EMPLOYEES	50.1%	ELECTRICITY	-2.1%
		WATER CONSUMPTION	-7.3%
MANAGEMENT	39.3%	WATER DISCHARGE	-7.4%
		PROPORTION OF RECYCLED MATERIAL	+46.0%
TOP MANAGEMENT LEVEL	40.0%	WASTE RECYCLING	+101.5%
		INJURY RATE	-22.3%

SUSTAINABILITY INDICATORS IN 2024

THE MOST IMPORTANT PROJECTS IN 2024

DEVELOPMENT AND MANUFACTURING SUPPLIER

7

NEW 14 ACTIVE

• BUMPERS
• SPOILERS
• FRONT GRILLES
• ROOF RAILS

THE NEWLY REGISTERED CAR MARKET

• 33.3% GASOLINE
• 30.9% HYBRIDS (HEV)
• 13.6% BATTERY ELECTRIC VEHICLES (BEV)
• 11.9% DIESEL
• 7.1% PLUG-IN HYBRID ELECTRIC VEHICLES (PHEV)
• 3.1% OTHER

EU MARKET

10.6 M

( ∆ +0,8% )

FINANCIAL RESULTS 2024

B

OPERATING REVENUE

EFFECT ON REVENUE

• NEW PROJECTS (TOOLS)
• ORDER GROWTH

EBITDA

EFFECT ON EBITDA

• REVENUE GROWTH
• BETTER CAPACITY UTILIZATION
• PROFITABILITY OF NEW PROJECTS
• INDUSTRIALIZATION COSTS

NET PROFIT

EFFECT ON NET PROFIT

• HIGHER EBITDA
• NEGATIVE EXCHANGE RATE DIFFERENCES
• PROFIT AND DIVIDEND OF EAPS
• IMPAIRMENT OF INVESTMENT IN ADP MLADENOVAC

NET FINANCIAL DEBT

EFFECT ON DEBT

• TOOL COLLECTION
• WORKING CAPITAL

INVESTMENTS

63% EU + SERBIA

AFFILIATED COMPANY EAPS (JV)

130.3 M€ REVENUE 9.9 M€ EBITDA

• 7.6 % EBITDA MARGIN
• 6.2 M€ NET PROFIT
• 4.3 M€ CAPEX
• MODEL CHANGE IN SERIAL PRODUCTION
• INDUSTRIALIZATION COSTS
• RENOVATION OF MACHINE PARK

MAIN FEATURES AND FINANCIAL RESULTS Q1 202 5

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MAIN FEATURES Q1 2025	17
THE NEWLY REGISTERED CAR MARKET	18
OPERATING REVENUE	19
EBITDA	20
NET PROFIT	21
NET FINANCIAL DEBT	22
AFFILIATED COMPANY EAPS (JV)	23

C

EXPECTED LOWER TOOL REVENUE

DELEVERAGING AND RESTRUCTURING

NEW DEALS 126.8 M

INCREASED CAPACITY UTILIZATION

PROFITABILITY GROWTH

POSITIVE EXCHANGE RATE DIFFERENCES AND EFFECTS OF EAPS

THE NEWLY REGISTERED CAR MARKET

• 28.7% GASOLINE ▪ 35.5% HYBRIDS (HEV) ▪ 9.5% DIESEL ▪ 15.2% BATTERY ELECTRIC VEHICLES (BEV) ▪ 7.6% PLUG-IN HYBRID ELECTRIC VEHICLES (PHEV) ▪ 3.4% OTHER
• EU MARKET

( ∆ -1.9% )

2.7 M

OPERATING REVENUE

EFFECT ON REVENUE

• EFFECT OF TOOLS IN 2023
• GROWTH IN REVENUE FROM

EBITDA

EFFECT ON EBITDA

▪ PROFITABILITY OF NEW PROJECTS

▪ INCREASED CAPACITY

NET PROFIT

EFFECT ON NET PROFIT

• EBITDA-RELATED EFFECTS
• EXCHANGE RATE DIFFERENCES
• EFFECTS OF EAPS

NET FINANCIAL DEBT

EFFECT ON DEBT

• RESTRUCTURING
• REGULAR REPAYMENT

AFFILIATED COMPANY EAPS (JV)

42.4 M€ REVENUE 6.3 M€ EBITDA 14.9 % EBITDA MARGIN 4.4 M€ NET PROFIT 0.2 M€ CAPEX

• EFFECT OF FULL PRODUCTION VOLUMES
• HIGH LEVEL OF CAPACITY UTILIZATION
• HIGH PROFITABILITY OF NEW VEHICLES

EXPECTATIONS

EXPECTATIONS 25

QUESTIONS AND ANSWERS ²⁶ D

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EXPECTATIONS

IN THE NEXT THREE YEARS

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QUESTIONS AND ANSWERS

AFFILIATED COMPANY EAPS (JV)