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Datalogic

Investor Presentation Mar 26, 2025

4452_ip_2025-03-26_13c592a5-1d64-40d0-a92d-44ee02a77208.pdf

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STAR CONFERENCE 2025

INTERNAL Datalogic Confidential

MARCH 26TH, 2025

GROUP OVERVIEW

INTERNAL Datalogic Confidential Copyright Datalogic 2025 – Confidential Proprietary Information

Datalogic at a glance

Global technology leader in the data capture and industrial automation, in the Retail, Manufacturing, Transportation & Logistics, and Healthcare industries.

Founded in 1972, listed on the Italian Stock Exchange since 2001.

A portfolio of more than 1,200 patents and patent applications

460+ Engineers in 10 R&D centers and 3 DL Labs in Italy, USA, Vietnam, and China Total R&D monetary costs amounted to €65.9 million,

accounting for 13.3% of revenue

~2750 Employees in 27 countries: 13.2% Americas, 60.6% EMEAI, 26.3% APAC

10 Manufacturing & Repair sites in: USA, Hungary, Slovakia, Italy, China and Vietnam

50+ Years of Expansion

Datalogic provides a broad portfolio of automation and data capture solutions for diverse industries

Page Page 156

Copyright Datalogic 2023 – Confidential Proprietary Information

STRATEGY & OPERATING MODEL

INTERNAL Datalogic Confidential Copyright Datalogic 2025 – Confidential Proprietary Information

Compelling long-term growth trends across all main Industries

x

2024

Main Sub-industries Growth market trends
~53%
Retail
Grocery
Non-grocery
DIY
New
self
check-out
including
AI
and
MV
to
speed
up
operations,
protecting
retailers
from
loss
and
theft
Improve
customer
experience
to
increase
in-store
traffic
and
shopping
Inventory
reliability
and
stock
optimization
solutions
to
support
Omnichannel
and
e-commerce
y
rit
a
ul
c
r
~30%
Manufacturing
Automotive
Consumer electronics
Packaging
Reshoring
and
nearshoring
of
production
plants
support
new
investments
Government
regulations
spur
traceability
demands
(e.g.,
pharma
regulation,
European
Digital
Product
Passport)
Flexible
Industrial
Automation:
lean
production
lines
to
support
customization
and
seasonality
d ci
c.)
et
n
a
y,
y
bilit
bilit
a
a
s
e
u
c
e
a
g, r
~13%
Transportation
&
Logistics
Couriers
Parcel
E-commerce
Growing
request
for
"same
day
delivery"
in
e-commerce
Advanced
Workflow
Automation
to
overcome
labor
shortage
and
increase
efficiency
Airports
and
Air
Companies
invest
to
automate
passenger
management
and
improve
luggage
traceability
y, tr
n
cli
bilit
y
c
a
e
n
g., r
ai
st
e.
u
(
ct s
~4%
Healthcare
Hospitals (bed side
care and
warehousing)
Process
digitalization
to
increase
patient
tracking
and
safety
Real
time
data
availability
and
sharing
among
all
the
relevant
hospital
staff
Asset
tracking
and
management
to
increase
efficiency
and
reduce
cost
u
d
o
Pr

Strategy centered on our core identification offering, enhancing portfolio with complementary tech and operating a solution ecosystem

  • Be the unique player with a comprehensive presence and leadership positions in both DC and IA markets
  • Keep focus on all of our verticals, catching the profitable opportunities coming from needs of digitalization and artificial intelligence
  • Consolidate position in EMEAI, become a strong player in the United States and grow our presence in China on selective applications/offering

Page 9

  • Protect and enhance leadership in core identification markets (FRS, HHS and SIS)
  • Penetrate the biggest MOB and Sensor markets
  • Enhance offer through a software ecosystem to provide innovative solutions
  • Intensify cost optimization to fight hardware commoditization
  • Pursue easy-to-integrate solutions

MARKET POSITIONING PORTFOLIO INNOVATION & TECHNOLOGY

  • Nurture MV-based SW and Deep Learning technology to tackle key emerging trends
  • Enhance core decoding identification technology with complementary ones (e.g. RFID)
  • Dominate key technology future trends (e.g. 5G, Wifi-6, Cybersecurity)
  • Be a champion of Green Technology

Four Pillars of Datalogic long term plan

3 main pillars to drive top line growth

Page 11

To grow our top line and gain market shares we are acting on 3 key pillars:

  • Reinforce channel policies & new demand generation from end users
    • Redefine commercial processes and Sales Operations function

1. TOP LINE

Retail Manuf. T&L Healthcare

Data Capture | Offering and Objectives

Page 12

1. TOP LINE

Market Size 2023, B€ Target Industry Offering Main Objective
Mobile1 2.3
PDA/PDT

PSS

Wearable

Become a relevant 3rd
market player in Mobile
market, notably in PDT/PDA and PSS
Handheld
0.9

Industrial

General Duty

nd
Maintain leadership in EMEA, become 2
rd
player in Americas and 3
in APAC
Fixed Retail
0.3
Scanner

Bi-optic

Single Plane

Presentation

Maintain leadership in bi-optics

Achieve relevant market presence in the
growing pres. scanners segment
Scan Engine
0.3

Scan Module

Scan Engine

Leverage on our offer to seize opportunities
from key application trends
(Kiosk, access
control, etc.)
Solutions
Shop Evolution

Loss Prevention

Remote Mgmt.

Strengthen competitive advantage and
secure recurring revenue models
Service
Source: VDC
1) MOB includes HH PDA, Forklift, Wearable (excluding Fix Vehicle and Tablet)

EoC

Double
Service revenues increasing attach
rate in MOB and FRS

Industrial Automation | Offering and Objectives

1.
TOP
LINE
Market Size 2023, B€ Target Industry Offering Main Objective
Stationary
Industrial
Scanner
0.8
1D readers

2D imager

Dimensioner

Logistic Automation: global leadership with best
in-class systems & solutions

Factory Automation: lead in traceability solutions
Sensors1 3.3
Photoelectric

Proximity

Ultrasonic

Increase selectively
market share with a targeted
positioning and strategy
Safety2 0.9
Safety
Light
Curtains

Safety
Laser
Scanner

Become the third player in the market,
expanding direct customer base
Laser
Marking
0.5
Fiber
LM

Solid State LM

CO2 LM

Regain market share with opportunistic
approach
Vision
System
1.7
Smart Cameras

Vision Processors

Deep Learning

Leverage AI-enabled smart cameras applications
to gain strong competitive positioning
Solutions
LA Solutions

Differentiate HW offer with customized sol.
(e.g., OCR for airports, Haz Mat. for parcel)
Service Sources: VDC for VS and SIS; for SEN, SAF, LM: ARC, trade associations, Competition public documents, internal analysis
Installation

Maintenance

Double revenues increasing preventive
maintenance

A rich pipeline of New Products Launches and Innovation regardless of short-term cycle downturns

14 product launches in 2024…

Page 14

R&D investments to secure a solid product Portfolio and be ready to seize growth opportunities

pipeline across all main technology trends

Strong focus on efficiencies to drive structural profitability enhancement

Main
Goal
Priorities Ongoing
actions
INDUSTRIAL
MARGIN
Increase
Industrial
Profitability
YoY
through Productivity,
Mix
and Fixed
Cost
Optimization
Manufacturing
&
Supply
Chain
Optimization

Industrial
&
distribution
footprint
optimization

Procurement
optimization
-
costs
&
flexibility

Supply
Chain
process optimization
through
the
review
of
Demand
Planning
practices
and
sourcing
flexibility
New
Products
and
Innovation
Roadmap

Review
NPD
process
to
secure
high
Customer
value
innovation
while reducing
time
to
market,
product
and
project
costs
Service
Footprint

Review
Service
Business Model
OPERATING
PROFITABILITY
Focus
on
selective
Opex Growth
to
support Business
needs,
whilst
Pursuing
Optimization Projects
Conscious
cost
approach
&
Optimization
Projects
in non-
priority
operations
---------------------------- ---------------------------------------------------------------------------------------------------------------------------- -----------------------------------------------------------------------------------------------------

2024 marked strong progress with green innovation, sustainability reporting and emissions measurement

Sustainability Strategy focused on green innovation, customer satisfaction and people engagement

driven by 2024 materiality analysis

Page 16

Green innovation guidelines

R&D focus on new products with lower power consumption, eco-label product certification, use of recycled materials, increased durability and easier to recycle, reduction of packaging /and use of recycled materials for packaging

  • First Sustainability Reporting prepared in compliance with CSRD and embedded in 2024 Annual Report
  • GHG emissions measurement completed in 2024 first full measurement of GHG Emissions, including Scope 3
  • Confirmed 9 key sustainability topics for Datalogic, driven by double materiality analysis

Selected highlights 89% of 2024 revenues aligned to EU Taxonomy

Confirmed 9 Sustainability Material Topics for Datalogic

Datalogic Sustainability
Strategic Streams
R&D green spending
R&D spending on projects with
sustainable features
Recycled plastic
Recycled plastics in new
products and as % on total
plastic purchased
Carbon footprint
GHG emissions measurement
including Scope 3 in 2024 and
reduction plan development
in 2025
Environment and
Innovation
Business and
Market
Sustainable Packaging
Packaging sustainability
features focused on recycled
materials and weight
reduction
Customer Satisfaction
Net Promoter Score (NPS), as
the relevant metric to
measure customer satisfaction
Sustainable Supply
chain
Vendor assessment on
sustainability topics
People People Health and
Safety
Accidents' frequency rate and
zero severe accident target
Employee
Engagement
Employee engagement surveys,
and actions based on survey
results
People well-being
People well-being and work-life
balance initiatives across all
main Group locations

Structured M&A Activity to Foster Group Strategy

3 pillars guiding Datalogic M&A expansion while continue investing in core business

Page 18

2024 highlights

  • Non-core asset dismissal Sale of total stake in Informatics (Texas, US) for 34M€
  • Strategic targets scouting Ongoing scouting on key complementary applications in data capture (e.g. RFID, self shopping software) and industrial automation (e.g. smart sensors/cameras)

FINANCIALS

Page 19

INTERNAL Datalogic Confidential Copyright Datalogic 2025 – Confidential Proprietary Information

FY 2024 & Q4 2024 Results

Page 20

Q4 2024 Results, €m

FY 2024 Results, €m

Net Debt at €9.5M

Group Revenues by Geography and Market Segment

Q4 Revenues by Geo and Market Segment, €m

EMEAI AMERICAS APAC Total Datalogic
2024 2023* Var % 2024 2023* Var % 2024 2023* Var % 2024 2023* Var %
Data Capture 41.2 35.0 17.6% 39.7 28.1 41.2% 7.8 6.5 20.5% 88.6 69.6 27.4%
Industrial Automation 24.9 28.6 (13.1%) 8.8 10.8 (18.3%) 5.1 6.4 (20.0%) 38.8 45.7 (15.3%)
Total Datalogic 66.0 63.6 3.8% 48.5 38.9 24.7% 12.9 12.8 0.4% 127.4 115.3 10.5%

FY Revenues by Geo and Market Segment, €m

EMEAI AMERICAS APAC Total Datalogic
2024 2023* Var % 2024 2023* Var % 2024 2023* Var % 2024 2023* Var %
Data Capture 167.0 172.3 (3.1%) 130.7 114.2 14.4% 33.9 32.1 5.4% 331.6 318.6 4.1%
Industrial Automation 104.9 118.1 (11.1%) 34.3 46.6 (26.4%) 23.0 35.4 (35.1%) 162.2 200.1 (18.9%)
Total Datalogic 271.9 290.4 (6.3%) 165.0 160.8 2.6% 56.8 67.5 (15.8%) 493.8 518.7 (4.8%)

Q4 & FY 2024 P&L

Page 22

Q4 FY
€ m 2024 2023* Var % 2024 2023* Var %
Revenues 127.4 115.3 10.5% 493.8 518.7 (4.8%)
Gross Margin 56.6 44.1 207.8 210.8
% on Revenues 44.5% 38.2% +6.2 pp 42.1% 40.6% +1.4 pp
Operating expenses (50.0) (47.8) (196.9) (197.2)
% on Revenues (39.3%) (41.5%) +2.2 pp (39.9%) (38.0%) -1.9 pp
Adjusted EBITDA 16.7 4.9 44.5 45.9
% Adj. Ebitda margin 13.1% 4.3% +8.8 pp 9.0% 8.9% +0.2 pp
Adjusted EBIT 6.6 (3.7) 10.9 13.6
% Adj. Ebit margin 5.2% (3.2%) +8.4 pp 2.2% 2.6% -0.4 pp
EBIT 4.3 (5.2) 2.9 6.3
% Ebit margin 3.4% (4.5%) +7.9 pp 0.6% 1.2% -0.6 pp
Net Result from operations 1.2 (2.1) 14.9 7.0
% on Revenues 0.9% (1.8%) +2.7 pp 3.0% 1.3% +1.7 pp
Results from discontinued operations - 0.9 (1.2) 2.5
  • A very positive Q4 both in top line and profitability boosting FY results
  • Gross Margin consolidating improvement trends, with FY at 42.1% (+1.4 pp vs LY), and Q4 at a peak (44.5%)
  • FY Operating expenses at 196.9m, flat vs LY despite increasing spending in R&D
  • Q4 Adj. EBITDA margin at double digits (13.1%), and FY Adj. EBITDA margin at 9.0% (+0.2 pp vs LY) despite decreasing turnover
  • Positive contribution from sale of Informatics in financial items
  • FY Net Result from continuous operations at €14.9m

INTERNAL Datalogic Confidential Copyright Datalogic 2025 – Confidential Proprietary Information 22 * Restatement with (i) some commercial costs reclassified from S&D expenses to Revenues reduction and (ii) without INFX results – INFX Net Income reported as «Results from discontinued operations»

EBITDA Adj.: actual vs last year

€ m

Sound balance sheet and structural cash generation profile to leverage growth

  • Structural operating cash flow generation year after year
  • + €312m Cumulative Cash Flow before Capex generated in last 6 years
  • A well-balanced capital allocation to maximize value creation
  • Solid Balance Sheet with a conservative leverage at 0.2x and debt duration >2.5 years
  • Approx 200M of unused available bank credit lines

Contacts

IR CONTACTS

IR Manager

Alessandro D'Aniello Tel. +39 051 3147109 [email protected] Via Candini, 2 40012 Lippo di Calderara di Reno Bologna – Italy

IR Advisor

Vincenza Colucci CDR Communication Srl Tel. +39 335 6909547 [email protected]

IR Assistant

Page 26

Daniela Giglioli Tel. +39 051 3147109 Fax +39 051 3147205 [email protected]

NEXT EVENTS

May 06, 2025 Shareholders' Meeting

May 15, 2025 Q1 2025 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

© 2025 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.

INTERNAL Datalogic Confidential

Datalogic S.p.A.

Via Candini, 2 - 40012 Lippo di Calderara di Reno - Bologna (Italy) Tel. +39 051 3147011 | Fax +39 051 3147205 [email protected] www.datalogic.com

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