Jungheinrich AG

Earnings Release • May 7, 2021

Interim statement as of 31 March 2021 Conference call

Dr Lars Brzoska (Chairman of the Board of Management) Dr Volker Hues (Member of the Board of Management, Finance) Hamburg, 7 May 2021

Highlights in the first quarter of 2021

■ Market volume grew especially strongly around the world in the first quarter of 2021, as it did in Jungheinrich's European core market.

■ The value of incoming orders rose 30 per cent to €1,322 million.

■ All results were significantly above the previous year.

■ Net credit of €248 million was achieved following net credit of €194 million at the end of December 2020.

■ The forecast for 2021 was raised.

Very strong start to 2021

Results significantly improved

► EBIT increase largely due to better plant capacity utilisation.

► Additions to provisions for higher costs for battery disposal and warranty obligations (low double-digit million euro amount) included in EBIT.

Profit or loss significantly increased

Earnings per preferred share in €

Profit or loss

Jungheinrich Group 2021 forecast raised

2021 forecast	March 20211)	April 20212)	The world market for material handling  is expected to equipment keep growing 2021, as is Jungheinrich's significantly in European core market. The is based on the assumption that forecast  there will be no more widespread lockdowns over the course of 2021 and or plant closures that the supply chains remain intact. We will continue to implement measures to  ensure our ability to deliver without restriction. The Strategy 2025+ goals and measures that  were published in November 2020 will be fully pursued. The key targets for 2025 will be reviewed  during the course of the year.
Incoming orders in € billion	3.9 to 4.1	4.2 to 4.5
in € billion Revenue	3.9 to 4.1	4.0 to 4.2
in € million EBIT	260 to 310	300 to 350
EBIT ROS in %	6.7 to 7.6	7.5 to 8.3
in € million EBT	240 to 290	280 to 330
EBT ROS in %	6.2 to 7.1	7.0 to 7.9
in € million Net credit	considerably > 200	considerably > 300
in % ROCE	14 to 18	17 to 21

1) 2020 Annual Report

2) Ad-hoc announcement on 22 April 2021

Disclaimer

Unforeseeable developments may cause the actual business trend to differ in future from the expectations, assumptions and estimates of the management of Jungheinrich that are reproduced in this presentation. Factors that may lead to such deviations include changes in the economic environment within the material handling equipment sector – including the consequences of the further development of the Covid-19 pandemic – as well as changes to the exchange rate and interest rates. No responsibility is therefore taken for the forward-looking statements in this presentation.