Schott Pharma

Investor Presentation • Aug 12, 2025

Q3 2025 - Results presentation

Andreas Reisse, CEO | Reinhard Mayer, CFO

The fiscal year 2025 runs from October 2024 to September 2025.

© SCHOTT Pharma AG & Co. KGaA

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Disclaimer

This presentation has been prepared solely for use at this meeting. This material is given in conjunction with an oral presentation and should not be taken out of context. By attending the meeting where this presentation is held or accessing this presentation, you agree to be bound by the following limitations.

This publication has been prepared by SCHOTT Pharma AG & Co. KGaA. It may contain statements which address such key issues as strategy, future financial results, events, competitive positions and product developments. Such forward-looking statements are subject to a number of risks, uncertainties and other factors, including, but not limited to those described in SCHOTT Pharma's disclosures, in particular in the chapter "Risks" in SCHOTT Pharma's annual report. Should one or more of these risks, uncertainties and other factors materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performances or achievements of SCHOTT Pharma may vary materially from those described in the relevant forward-looking statements.

These statements may be identified by words such as "expect," "want," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. SCHOTT Pharma neither intends, nor assumes any obligation, to update or revise its forward-looking statements regularly in light of developments which differ from those anticipated. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies.

Our financial reports, presentations, press releases and ad-hoc releases may include alternative financial metrics. These metrics are not defined in the IFRS (International Financial Reporting Standards). SCHOTT Pharma's net assets, financial position and results of operations should not be assessed solely on the basis of these alternative financial metrics. Under no circumstances do they replace the performance indicators presented in the consolidated financial statements and calculated in accordance with the IFRS. The calculation of alternative financial metrics may vary from company to company despite the use of the same terminology. Further information regarding the alternative financial metrics used at SCHOTT Pharma can be found on our web site (https://www.schott-pharma.com/investor-relations).

The information contained in this presentation is provided as of the date of this presentation and is subject to change without notice.

Due to rounding, individual 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 to which they refer.

For technical reasons, there may be differences in formatting between the accounting records appearing in this document and those published pursuant to legal requirements.

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Welcome

Andreas Reisse, CEO Reinhard Mayer, CFO

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SCHOTT Pharma's new CFO: Reinhard Mayer

Appointed as CFO of SCHOTT Pharma as of August 1, 2025.

Background

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Graduate in industrial engineering, with extensive leadership experience in corporate finance, controlling, and IT.

More than 20 years in CFO positions, most recently at Denmark-listed Nilfisk Holding A/S, prior to that at Hansgrohe SE (Germany) and Getinge Group (Sweden).

Strong track record in shaping growth strategies, coupled with a broad M&A experience, and always focusing on sustainable business performance improvements.

Strategy and Business Update

Andreas Reisse, CEO

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Solid Q3 performance driven by strong HVS demand

EUR 256^m

Revenue (+3 % at constant currencies)

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Revenues increased against a high prior-year base, mainly driven by DCS, while DDS declined slightly

EUR 83^m

EBITDA (record margin of 31.7 % at constant currencies)

Profitability advanced thanks to an increased shift to HVS and sustained progress in efficiency improvements

HVS revenue share (+5 percentage points)

Strong development driven by high demand for specialty vials and RTU products

Ongoing shift towards HVS as main growth driver

The success behind HVS

Excellent strategy based on pharma trends in combination with innovations and execution of expansion projects.

Success is reflected by continuous increase of HVS share.

HVS products are driving growth and margin expansion.

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Driving growth built on trust

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Exceptional results in customer survey 2025 Participation of 168 customers across 37 countries Customer Loyalty Index of 90 points High-quality products, sales performance and order processing as key success factors

8 © SCHOTT Pharma AG & Co. KGaA

Pushing innovations along pharma trends

Enabling large-volume home administration

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To empower patients to self-administer substantial amounts of medication subcutaneously (subQ) at home, SCHOTT Pharma and SHL Medical have joined forces to introduce the first large-volume sterile cartridge in an autoinjector. Customers benefit from accelerated time-to-market.

Introducing the first ready-to-use polymer cartridge

To meet the growing demand for sensitive biologics and patient-friendly administration, SCHOTT Pharma expands its portfolio with a sterile polymer cartridge. The first in the industry to comply with ISO standards, offering enhanced design flexibility, device compatibility and safety for next-gen drug delivery.

Leveraging opportunity for green transformation

With SCHOTT AG breaking ground on the industry's first electric melting tank, set to start production in 2027, SCHOTT Pharma will be able to cut its product carbon footprints significantly.

Many leading pharma customers already opted for the new glass, which is qualified across all SCHOTT Pharma product categories and sites.

Meeting growing demand with expansions

Starting commercial glass syringe supply in Hungary

Production lines for prefillable glass syringes, used to store a wide range of medications from GLP-1 drugs to critical vaccines and innovative biologics, have successfully undergone customer qualifications and delivery has started.

Expanding sterile cartridge capacities in Hungary

With an investment of more than EUR 100m, SCHOTT Pharma will expand its manufacturing capacity for ready-to-use (RTU) cartridges in Hungary to meet growing demand for diabetes and obesity therapies.

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Financial Update

Reinhard Mayer, CFO

11 © SCHOTT Pharma AG & Co. KGaA

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Key financial figures for Q3 2025

¹Capex excluding leasing

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Resilient Q3 performance amid high prior year base

¹ Segment split excluding consolidation effects, cc = at constant currencies

Key developments

Solid revenue growth against a record prior-year quarter with >20% growth at constant currencies.

DCS growth driven by strong HVS momentum, particularly fueled by high demand for sterile cartridges and specialty vials.

DDS revenue declined slightly against the high level of the prior year's quarter: continued high demand for glass syringes compensated for muted polymer syringe demand as anticipated.

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Product mix, cost benefits result in record margin

EBITDA¹ and margin EURm DCS DDS 29.4% 32.4% margin 26.6% 28.8% Growth at cc: +11% Margin at cc: 31.7% Growth at cc: +14% Margin at cc: 28.8% ^{30 38} 43 42 ^{74 83 +}11% Q3 24 Q3 25 ^{84 100} 121 114 ^{191 213 +}11% 9M 24 9M 25

¹ Segment split excluding consolidation effects, cc = at constant currencies

Key developments

Significant profitability improvement as a result of a product mix shift towards HVS as well as efficiency gains.

DCS profitability increased strongly, thanks to a better HVS mix and efficiency gains despite continued vial underutilization.

DDS EBITDA held up in Q3 thanks to robust glass syringe performance, offsetting lower polymer utilization.

Negligible FX effects in Q3 and 9M 2025.

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Growth investments funded by positive cash flow

¹Op. CF = Cash flow from operating activities; 2 Inv. CF = Cash flow from investing activities

Key developments

Higher working capital and increased tax payments offset the positive contribution from increased EBITDA in the quarter.

Capital expenditure developed as planned.

Solid free cash flow generation.

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FY 2025 guidance specified

	Previous guidance FY 2025	Specified guidance FY 2025
Organic revenue	High single digit (6% - 9%)	Around 6%	Additional information for FY 2025
growth1			HVS share >55% (old: ~55%) (mid-term target >60%)
	Approx. prior year's level (FY 2024: 26.9%)	Around 28%	CAPEX2 EUR 140 – 160m
EBITDA margin1			Mid-term guidance unchanged

¹At constant currencies; ²Capex excluding leasing

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Thank you for your attention

Next financial events

Dec 11, 2025:	Feb 11, 2026:	May 13, 2026:
FY 2025 results	Q1 2026 results	Q2 2026 results

Next conference participations

Sep 3, 2025: Commerzbank & ODDO BHF Corporate Conference Frankfurt

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Sep 18, 2025: Barclays MedTech/Life Sciences Bus Tour Frankfurt

Sep 23, 2025: Baader Investment Conference Munich

Sep 24, 2025: Goldman Sachs & Berenberg German Corporate Conf. Munich

Sep 25, 2025: Bank of America Global Healthcare Conference London