NORMA Group SE — Earnings Release 2014

Feb 18, 2015

NORMA Group Preliminary Full Year Results 2014

Maintal, February 18, 2015

Customer Value through Innovation

Sales	Growth of ~ 9.3 % leads to record sales of ~ EUR 694.7 million (2013: EUR 635.5 million) Solid organic growth of ~ 6.5%
Adjusted EBITA	Record adj. EBITA of ~ EUR 121.5 million (2013: EUR 112.6 million)
Margin	th 4 year of high and sustainable margin again at ~ 17.5% (2013: 17.7%)
Net Debt	Net debt increased to ~ EUR 353 million caused by NDS acquisition (2013: EUR 138 million)
Cash Flow	Operating net cash flow again on pre-year record level of ~ EUR 103 million excluding acquired cash flows (2013: EUR 103.9 million)

* Excluding ~ EUR 20 million derivative financial liabilities (2013: EUR 15.3 million)

Growth	Organic ~ 6.5%	M&A ~ 3.5%*	FX ~ -0.6%	Organic ~ 2.8%	M&A ~ 9.7%*	FX ~ 2.8%
Adjusted EBITA	~ EUR 121.5 million / +7.9% (2013: EUR 112.6 million)			~ EUR 29.2 million / +6.0% (2013: EUR 27.6 million)
EBITA Margin	~ 17.5% (2013: 17.7%)			~ 16.6% (2013: 18.0%)

* thereof NDS: ~ EUR 13.9 million

Leverage after NDS Acquisition back to ~ 2.5x No major repayments until 2019

** SFA 5+1+1 years – repayment earliest 2019

Successful Issuance of NORMA Group's Second Schuldschein in December 2014 – 50 Percent in USD

Targets achieved

• Maturity: Long-term oriented well balanced repayment schedule
• Balanced fixed and floating tranches
• Significant portion issued in USD Natural hedge of USD-based National Diversified Sales-Deal
• Broad range of European based lenders

Terms

• Volume EUR 209 million
• Tenor 3, 5, 7 and 10 years
• 4fold oversubscribed
• BBB+ / A- internal Bank rating achieved
• Average interest rate incl. USD approx. 2.5%
• Average interest terms of the group at approx. 3%

Lenders

Small European banks (e.g. German Sparkassen, Insurance institutions and European saving banks)

Usage of the funds

General company purpose incl. financing of acquisition of National Diversified Sales in US

Event	Date
Publication Full Year Results 2014	25 March 2015
Publication Interim Results Q1 2015	06 May 2015
Annual General Meeting in Frankfurt / Main	20 May 2015
Publication Interim Results Q2 2015	05 August 2015
Publication Interim Results Q3 2015	04 November 2015
Contact
Andreas Troesch
Vice President Investor Relations Phone: +49 6181 6102-741
Fax: +49 6181 6102-7641
Email: Andreas.Troesch@normagroup.com

Disclaimer

This presentation contains certain future-oriented statements. Future-oriented statements include all statements which do not relate to historical facts and events and contain future-oriented expressions such as "believe", "estimate", "assume", "expect", "forecast", "intend", "could" or "should" or expressions of a similar kind. Such future-oriented statements are subject to risks and uncertainties since they relate to future events and are based on the Company's current assumptions, which may not in the future take place or be fulfilled as expected.

The Company points out that such future-oriented statements provide no guarantee for the future and that actual events including the financial position and profitability of the NORMA Group SE and developments in the economic and regulatory fundamentals may vary substantially (particularly on the down side) from those explicitly or implicitly assumed or described in these statements.

Even if the actual results for the NORMA Group SE, including its financial position and profitability and the economic and regulatory fundamentals, are in accordance with such future-oriented statements in this presentation, no guarantee can be given that this will continue to be the case in the future.

Non audited data is based on management information systems and/or publicly available information. Both sources of data are for illustrative purposes only.