Biesse — Investor Presentation 2022

Mar 14, 2022

BIESSE phone conference call

(Pesaro, 14 March)

4.30 p.m.

FY 2021 (draft)

EXTRACT OF THE P&L

€/mln	FY2015	FY2016	FY2017	FY2018	FY2019	FY 2020	FY 2021
Net sales	519.1	618.5	690.1	740.2	705.9	578.8	742.2
year -1	+21.5%	+19.1%	+11.6%	+7.3%	-4.8%	-18.0%	+28.2%
Labour & Overhead	253	301	335	359	350	283.3	357.4
%	48.7%	48.7%	48.6%	48.5%	49.6%	49.0%	48.1%
EBITDA	64.1	75.8	89.4	92.7	76.7	56.0	79.7
%	12.4%	12.3%	13.0%	12.5%	10.9%	9.7%	10.7%
NET RESULT (PROFIT)	21.1	29.5	42.7	43.8	13.0	2.5	34.2
%	4.1%	4.8%	6.2%	5.9%	1.8%	0.4%	4.6%

SALES BY QUARTERS

215.2

€/mln

800 SALES BY YEAR OVERHEAD & COST OF GOOD SOLD% €/mln

60.0%

EBITDA% & EBIT%

€/mln

-56.2

(NET CASH ABSORPTION FOR) CAPEX

ORDER INTAKE & BACKLOG

machines only

DIVIDENDS

DIVIDENDS

BUYBACK PROGRAM

BUYBACK PROGRAM - PROPOSAL The today's Board of Directors proposed to the Biesse Shareholders' General Meeting (April 27th) a plan to buy and dispose its own shares. Duration: 18 months (from the Biesse Shareholders' Meeting approval) Amount: max 10% of the Biesse equity (nr. 2,740,259 shares), but in anycase not exceeding 15 mln of euro

disbursement

the authorisation to purchase and dispose of treasury shares has the following purposes:

• to service any stock option incentive schemes that may be approved by the Company in the future;
• set up a share warehouse to transfer, dispose of and/or use treasury shares, in line with the strategic guidelines that the Company intends to pursue, as part of extraordinary transactions, including, by way of example but not limited to, swaps, exchanges, contributions or to service capital transactions or other corporate and/or financial transactions and/or other transactions of an extraordinary nature such as, by way of example but not limited to, acquisitions, mergers, spin-offs, convertible bond issues, bonds, warrants, etc.; medium- and long-term investments or, in any case, those made to take advantage of realisation opportunities that may arise from market
• trends.

STAFF

DISTRIBUTION

EMPLOYEES DISTRIBUTION

EMPLOYEES DISTRIBUTION												Service & After Sales
	FY 2012	FY 2013	FY 2014	FY 2015	FY 2016	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021
ITALY % of total people	1,646 59%	1,547 57%	1,605 56%	1,780 56%	2,009 70%	2,176 57%	2,483 59%	2,418 62%	2,383 63%	2,345 61%
OUTSIDE ITALY % of total people	1,136 41%	1,148 43%	1,276 44%	1,396 44%	1,609 44%	1,670 43%	1,744 41%	1,509 38%	1,380 36%	1,483 39%		India	Middle-East
TOTAL	2,782	2,695	2,881	3,176	3,618	3,846	4,227	3,927	3763	3,828	China Aus/NZ Asia Canada U.S.A.
interim people at		the end of December total	2021: nr.480 nr.4,308								Russia UK France Spain Germany

		EMPLOYEES									FY2020	FY 2021	%
										Production	1,324	1.393	5.21%
		DISTRIBUTION								Service & After Sales	962	992	3.12%
										R&D	478	451	-5.65%
FY 2012		FY 2016						Sales & Marketing	637	655	2.83%
	FY 2013	FY 2014	FY 2015		FY 2017 FY 2018		FY 2019	FY 2020	FY 2021	G&A	362	337	-6.91%
	1,547	1,605	1,780	2,009	2,176	2,483	2,418	2,383	2,345	ITALY	2,383	2.345	-1.59%
1,646	57% 56% 56%		70%	57%	59%	62%	63%	61%	OUTSIDE ITALY	1,380	1.483	7.46%
59%										TOTAL	3,763	3.828	1.73%
1,136 41%	1,148 43%	1,276 44%	1,396 44%	1,609 44%	1,670 43%	1,744 41%	1,509 38%	1,380 36%	1,483 39%		Middle-East

EMPLOYEES DISTRIBUTION(without interim people)

EMPLOYEES DISTRIBUTION
	FY 2012	FY 2013	FY 2014	FY 2015	(without interim people) FY 2016	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021
Production % of total people	1,264 45%	1,175 44%	1,201 42%	1,335 42%	1,482 41%	1,494 39%	1,621 38%	1,386 35%	1,324 35%	1,393 36%
Service & After sale % of total people	574 21%	613 22%	628 22%	690 22%	803 22%	894 23%	1,001 24%	992 25%	962 26%	992 26%
R&D % of total people	338 12%	321 12%	361 13%	383 13%	436 12%	479 12,5%	501 12%	482 12%	478 13%	451 12%
Sales & Marketing % of total people	364 13%	351 13%	439 15%	495 15%	587 16%	641 17%	715 17%	685 17%	637 17%	655 17%
G&A % of total people	242 9%	235 9%	252 9%	273 9%	310 8,5%	338 8,8%	389 9%	382 10%	362 10%	337 9%
ITALY % of total people	1,646 59%	1,547 57%	1,605 56%	1,780 56%	2,009 56%	2,176 56%	2,483 59%	2,418 62%	2,383 63%	2,345 61%
OUTSIDE ITALY % of total people	1,136 41%	1,148 43%	1,276 44%	1,396 44%	1,609 44%	1,670 44%	1,744 41%	1,509 38%	1,380 37%	1,483 39%
TOTAL	2,782	2,695	2,881	3,176	3,618	3,846	4,227	3,927	3,763 20	3,828

MAIN SHAREHOLDERS BREAKDOWN

DISCLAIMER

• This presentation has been prepared independently by Biesse S.p.A. and can be used only during meetings with investors and financial analysts. It's solely for information purposes and it may contain statements regarding future financial performances and Company's expectations
• Even if Biesse takes care that the information contained in the document have the requirements of reliability, correctness and newness, Biesse is not responsible for the content processed by third parties and content indicated in this Document. No liability is accepted by or on behalf of Biesse for any errors, omissions or inaccuracies contained in this presentation. This document does not constitute an offer or invitation to purchase or subscribe for any shares and no part of it shall form the No action should be taken or omitted based on the information contained in this Document. Biesse accepts no liability for the results The User is not granted any license or right of use and therefore is not allowed to record such content – in whole or in part- on any
• Any forward looking statements are not guarantees of future performances and is related only of the date of this document. They are based on the Group's current state of knowledge, future expectations and projections about the future events. By their nature they are subject to inherent risks and uncertainties.
• Further information concerning the Group results, including factors that could materially affect the Company itself (i.e. IFRS) will be included and detailed in the Financial Statement of the Group.
• For further details on the Biesse S.p.A. reference should be made to publicly available information. including the Quarterly Reports, the Half Annual Report, the Annual Reports and the Three Years Business Plan.
• Any reference to past performance of the Biesse S.p.A. shall not be taken as an indication of future performance.
• basis of or be relied upon in connection with any contract or commitment whatsoever.
• of any action taken on the basis of the information contained in this Document.
• By attending the presentation you agree to be bound by the foregoing terms.
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biessegroup.com

Alberto Amurri Investor Relator Manager 0039 - 0721439107 0039 - 3351219556