Datalogic — Investor Presentation 2023

Mar 22, 2023

STAR CONFERENCE 2023

MARCH 22, 2023

Datalogic at a glance

Global technology leader in the automatic data capture and industrial automation markets, in the Retail, Manufacturing, Transportation & Logistics, and Healthcare industries Founded in 1972, listed on the Italian Stock Exchange since 2001

A portfolio of about 1,200+ patents and patent applications

450+ engineers in 11 R&D centers and 3 DL Labs in: Italy, USA, Vietnam, Cech Republic and China

3,000 Employees in 29 countries

11 Manufacturing and Repair facilities in: Italy, US, Hungary, Slovakia, Vietnam, China and Australia

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More than 50 years of Growth through Technological Innovation

• Foundation of the Company, based sensors product portfolio	• Expansion of the portfolio on to barcode reading products, applications and technologies	• Pivoting from «laser» to «imaging» and becoming the technology leader of barcode reading • Entering the space of «Mobile Computers» with the acquisition of «IDWare Mobile Computing»	• Listing at the Milan Stock Exchange • Further expansions thanks to acquisitions (e.g. PSC, Laservall, Informatics, Accu-Sort) • Footprint expansion: Vietnam, Slovakia, Hungary	• 50th year anniversary • Acquisition of MD Microdetectors • Acquisition of Pekat • Starting the path towards «Solutions»
1972	1974	1988 - 1997	2001 - 2012	2021- 2022 Today
First baggage on barcode	handling system based reading installed at Linate Airport (Milan) in 1984	First Fixed imaging technology market in 2012	Retail Scanner based on launched on the

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A Wide Geographical Footprint

Strategy

Our strengths

Unique player in both FA and ADC markets

Datalogic is the only player with a wide and consolidated experience in the two fields of:

FACTORY AUTOMATION AUTOMATIC DATA CAPTURE STATIONARY INDUSTRIAL SCANNERS VISION SAFETY SENSOR MACHINE LASER MARKING FIXED RETAIL SCANNERS MOBILE COMPUTERS RFID SYSTEMS OEM BARCODE READERS HANDHELD SCANNERS

INTERNAL Datalogic Confidential Copyright Datalogic 2023 – Confidential Proprietary Information 7

The «Datalogic ecosystem»

Increasingly self check-out and contactless

Market trends

• Despite Retail a more mature market, Self Check Out (SCO) and contactless applications the new wave of automation across retailers to enhance productivity, reduce losses and face increasing labor shortage and its higher associated cost
• Omnichannel/e-commerce development the fastest growing opportunity across the retailers' value chain
• Many solutions are piloted by retailers' need to improve the customer experience and attract people in the store

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

2022 Results

▪ The Retail grew by 12.5% (6.2% at constant FX) driven by double digit performance in APAC (+33.9%) and Americas (+29.4%)

Manufacturing Process digitization

Market trends

• Manufacturing the largest industry
• Growing production data acquisition needs, traceability and analytics driving the digital transformation in Manufacturing
• Efficiency and productivity improvements, need to offset labor shortage and reallocation/distribution of production sites in multiple geographies pushing for increasing investments in automated operations/solutions

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)

2022 Results

▪ The Manufacturing sector grew by 8.4% (+4.8% at constant FX), also thanks to the acquisition of MD in 2021. Americas and EMEAI lead the sector's performance, recording a growth of 28.1% and 11.4% respectively

Transportation & Logistics Stabilization after the e-commerce growth

Market trends

• Long term trends to satisfy end to end traceability in T&L and to improve efficiency and productivity through machine learning solutions (e.g. no read analysis, dimensioning, traceability, palletization analytics, parcel optimization, etc)
• A stabilization period after the significant investments of the past two years driven by e-commerce growth expected in the short term

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

2022 Results

▪ The T&L sector grew by 12.9% (+7.8% at constant FX) compared to 2021, with growth of 26.5% in Americas and 13.1% in EMEAI.

Healthcare

Digital dominates and sustainability grows

Market trends

▪ Sustainability, traceability, localization, end to end patient monitoring the main automation trends in Healthcare

Datalogic Proposition

• Datalogic innovations are helping protect patients and staff at healthcare facilities worldwide, with its application for the bedside care
• Datalogic provides unique product features for the HC industry such as: Antimicrobial enclosures, Inductive charging technology for battery recharge, and Green spot good match to ensure positive medicine-patient identification

2022 Results

• The Healthcare sector decreased by 5.2%. EMEAI up 3.9%.
• The Datalogic Group sustained its offering of solutions for the traceability of vaccines, as well as of patients in admissions and bedside care, to track patients' health record and to ensure that the correct drug is administered to each patient
• Particular attention was paid to reducing the risk of contamination in the hospital, thanks to devices with disinfectant-ready and antimicrobial external plastics

New Product Launches and Innovation

❑ Vitality Index at 13.4%

❑ R&D Cash Out at 9.9% in line with the FY 2021 (9.6%). Commitment to Product Development Roadmap continues *

Page 13 * Including capitalized R&D expenses and excluding D&A

Key Drivers for a Profitable Growth

Market	Portfolio	M&A	Innovation
• Keep focus on all of our verticals, catching the profitable opportunities	• Protect our leadership in FRS, HHS and SIS	• Technology: acquire IP, skills, products and concepts to boost both portfolio and capabilities	• Nurture MV-based SW and Deep Learning technology to tackle key emerging
coming from needs of digitalization and artificial	• Enhance our offer through a software ecosystem to		trends
intelligence	provide innovative solutions	• Expansion: acquire customers to boost	• Dominate key technology trends (e.g. 5G, Wifi-6,
• Consolidate position in EMEAI, become a strong player in the United States and keep growing our	• Increase MOB market share completing and widening our offer	penetration	Cybersecurity) to prepare for next generation of HW products
presence in China	• Intensify cost optimization to fight hardware commoditization

Financials

FY 2022 Highlights: a progressive recovery of sales and profitability

• ❑ Revenues growth nearly at double digit and sound recovery of profitability in 2H
• ❑ Improving performance across all main industries and geographies despite the complex scenario due to the shortage of components
• ❑ Positive price/mix in the year across main geographies and product lines

• ❑ Revenue from new products (vitality index) at 13.4% vs 12.5% in FY2021

• ❑ Gross Operating Margin at 41.9% thanks to price/mix discipline and product redesign, partially offsetting components' price headwinds

• ❑ R&D Cash Out at €64.6M, steady at around 10.0% on revenues, executing technological roadmap
• ❑ Adj EBITDA margin at 12.3% (13.5% in Q4, + 1.7 pps vs Q4 2021)
• ❑ Net Debt down at €42.0M, thanks to a strong operating cash generation in Q4, and despite a high Net Working Capitalresulting from cost inflation and high inventory levels attributable to shortages

Group Revenues by Geography

€m	FY 2022	FY 2021 Restated1	Var %
EMEAI	354	334	6
	9	5	1%
Americas	199	168	18
	1	1	4%
APAC	100	95	6%
	6	2	5
Total Datalogic	654 6	597 8	9 5%

❑ EMEAI: Group's first market up by 6.1% (+5.2% Net FX), led by UK & Nordics, Iberia, Italy and Benelux

❑ AMERICAS: Group's second-largest market leads the overall growth at +18.4% (+5.7% Net FX), across all the main industries

❑ APAC: +5.6% YoY, growth mainly driven by Japan (> 30% Net FX), and China

INTERNAL Datalogic Confidential Copyright Datalogic 2023 – Confidential Proprietary Information Page 17 The comparative results as of December 31, 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 17

Group Revenues by Segment

€m	FY 2022	FY 2021 Restated1	Var %
Retail	237	210	12
	0	6	5%
Manufacturing	184	170	4%
	8	5	8
Transportation	91	80	12
&	2	8	9%
Logistics
Healthcare	17	18	(5
	2	2	2%)
Channel	108	100	0%
	0	0	8
Total	638	580	10
Business	3	1	0%
DL
Informatics	18	18	(3
	2	9	7%)
division Intra	(1 8)	(1 1)
Total Datalogic	654 6	597 8	9 5%

❑ Retail: +12.5% driven by double digit performance in APAC (+33.9%) and Americas (+29.4%)

❑ Manufacturing: Americas and EMEAI lead the sector's performance, recording a growth of 28.1% and 11.4% respectively

❑ T&L: the highest growing industry with an overall improvement of 12.9%

❑ Channel: positive performance in all geographic areas

INTERNAL Datalogic Confidential Copyright Datalogic 2023 – Confidential Proprietary Information Page 18 The comparative results as of December 31, 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 18

FY 2022 P&L

€ m	2022 FY	2021 FY Restated1	% Var
Revenues	654 6	597 8	9 5%
Gross Margin	274 5	257 6
% Revenues on	41 9%	43 1%	1 2 pp -
Operating expenses	(225 4)	(199 4)
% Revenues on	(34 4%)	(33 4%)	1 1 pp -
Adjusted EBITDA	80 3	85 7
Adj Ebitda % margin	3% 12	3% 14	2 0 pp -
Adjusted EBIT	49 1	58 2
Adj Ebit % margin	5% 7	7% 9	2 2 pp -
EBIT	40 9	0 47
Ebit % margin	6 3%	9% 7	1 6 pp -
Result Net	30 1	39 5
% Revenues on	4 6%	6 6%	2 0 pp -

• Gross Margin at 41.9%: -1.2 pp YoY . Improvement in Q4 and 2H compared to previous year thanks to positive pricing and mix and less inflationary effects on cost
• Operating expenses at €225.4m, mainly due to a negative currency effect, and normalized marketing and commercial activities
• Adj EBITDA margin at 12.3% (-2.0 pp YoY), in progressive

improvement across the year, with a 2H at 13.5%, up by

approx. 1pp vs previous year

▪ Net Result at €30.1m vs €39.5m in FY 2021

EBITDA Adj: actual vs last year

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

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 (December 30, 2022): 500 mln Euro Volumes : 3 months average ̴100K Auditing Company: Deloitte

Sustainability Policy

• ✓ ISO 45001 Healthy and Safety at Work Management System ✓ ISO 8000 – Social Accountability
• ✓ Talent Development – Employer branding - Training
• ✓ Human Rights and Social Accountability Policy
• ✓ No incidents of corruption, anti-competitive practices or antitrust violations
• ✓ Vitality Index increased
• ✓ Innovation and R&D Investments increased
• ✓ Research toward product sustainability
• ✓ ISO 14001 Environmental Management Systems ✓ 6% reduction in energy consumption
• ✓ Customer Satisfaction: Net Promoter Score increased ✓ Supply Chain Sustainability: Use of environmental and social criteria

Acquisition of Pekat Vision

Pekat is a software start up who has developed and owns proprietary algorithms of Machine Learning and Deep Learning for applications in the fields of supply chain and industrial automation.

Company Description

• Based in Brno, Pekat's core competitive advantage resides in its deep learning and machine learning algorithms
• Those algorithms and related software are a perfect match to Datalogic hardware products line, allowing for flexible solutions in a wider set of applications across manufacturing, T&L and potentially retail.
• Applications in which Pekat's software is used currently include object detection, classifier, defect detection, product sorting, camera-based robot guidance, optical character recognition and video, among others
• The team at Pekat comprises 15 employees, engineers, software developers mainly
• Purchase price of € 16.0m for 100% of the share capital

Software for industrial visual inspection and quality assurance. Effectively finds anomalies, detects and classifies defects and checks surface on materials and objects. Thanks to AI and focused-learning algorithms, it has a unique feature of detecting even previously unseen defects

Ready to use AI solution for defect detection running on smaller cameras

AI-enabled industrial visual inspection system for quality assurance

Types of licenses offered by Pekat

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

April 27, 2023 Shareholders' Meeting

May 11, 2023 Q1 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