Datalogic — Investor Presentation 2023

Mar 10, 2023

FY 2022 Results Conference Call

MARCH 10, 2023

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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
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• 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
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FY 2022 & Q4 2022 Results

1

Net Debt at €42.0M

Q4 2022 Results

FY 2022 Results

Copyright Datalogic 2022 – Confidential Proprietary Information Page 3 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

• ❑ 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

FY 2022 Highlights: a progressive recovery of sales and profitability

❑ 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

Group Revenues by Geography

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

Copyright Datalogic 2022 – Confidential Proprietary Information Page 5 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

❑ 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%

Copyright Datalogic 2022 – Confidential Proprietary Information Page 6 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

❑ Channel: positive performance in all geographic areas

Group Revenues by Segment

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

P2X-SERIES C Mount Models

❑ 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

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

continues *

New Product Launches and Innovation

Sensors, Safety & Machine Vision

S3N series

Magellan 3410VSi OEM

Quickscan QM2500 Magellan 96i/99i SO, SS

SH4 Safety Light Curtain

INTERNAL Datalogic Confidential

Copyright Datalogic 2022 – Confidential Proprietary Information Page 8 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

% Var	▪ 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

FY 2022 P&L

8

€ m	FY 2022	2021 FY Restated1	% Var
Revenues	654 6	597 8	9 5%
Margin Gross	274 5	257 6
% Revenues on	9% 41	1% 43	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	9 7%	2 2 pp -
EBIT	40 9	0 47
Ebit % margin	3% 6	9% 7	1 6 pp -
Result Net	30 1	39 5
% Revenues on	6% 4	6 6%	2 0 pp -

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

Ch. TWC NFP Dec 21 EBITDA Adj. Net Investment Taxes

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

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© 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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