Datalogic — Investor Presentation 2025

Mar 26, 2025

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

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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

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• 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

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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

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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…

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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

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• 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

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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

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INTERNAL Datalogic Confidential Copyright Datalogic 2025 – Confidential Proprietary Information

FY 2024 & Q4 2024 Results

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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

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		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 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

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Daniela Giglioli Tel. +39 051 3147109 Fax +39 051 3147205 daniela.giglioli@datalogic.com

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 corporate@datalogic.com www.datalogic.com