SGL CARBON SE — AGM Information 2016

May 17, 2016

Annual General Meeting 2016 Our path forward

Wiesbaden May 18, 2016

Dr. Jürgen Köhler CEO

2015: Restructuring largely completed.

Focus on realignment

2015: Positive operational results in all business units. Turnaround CFM, GMS solid, PP burdened by GE

	Carbon Fibers & Materials (CFM) *		Graphite Materials & Systems (GMS)			Performance Products (PP)
in € million	2015	2014		2015	2014		2015	2014
Sales revenue	327.3	296.4		453.5	440.4		533.4	588.2
EBIT before non-recurring charges	9.3	-22.5		34.1	40.0		19.4	26.0

*as of January 1, 2016: Composites – Fibers & Materials

2015: Changes in balance sheet KPIs. Sufficient liquidity

in € million	December 31, 2015	December 31, 2014
Equity ratio (in %)	15.6	26.2
Total liquidity	250.8	347.5
Net financial debt	534.2	389.9
Gearing (net debt/equity)	1.85	0.69

2015: "Recurring" free cash flow positive Operational businesses are earning money

Continuing operations in € million	2015	2014
Cash flow from operating activities	-11.5	17.4
Free cash flow	-74.9	-121.3

in €m

Reported free cash flow	-75 million
Unwinding of USD hedges (related to HITCO)	35 million
Tax settlement	35 million
SGL 2015 cash out	13 million
"Recurring" free cash flow	8 million

CFM with a strong improvement of EBIT before non-recurring charges

GMS with an increase of EBIT before non-recurring charges

PP with a negative EBIT in the mid-double-digit million range due to pricing pressure in the graphite electrode business

Substantial decrease of Group EBIT before non-recurring charges, solely caused by graphite electrode business

Net result improved, yet still in negative territory

2016: The strategic realignment is on track. Focus on growth industries

Composites – Fibers & Materials (CFM)

Graphite Materials & Systems (GMS)

Performance Products (PP)

Growing with markets and customers

Readjusting to new market conditions and reviewing strategic options

2016: Carve-out of PP on schedule. Additional strategic options

2016: Our path forward. Growing with the megatrends

Mobility: Cars have to become lighter. CFM is a specialist for composite materials (CFRP)

Source: BMW Group

• Legal regulations concerning CO² emissions
• Trend towards alternative drive trains

Mobility: From niche to mass production.

Offering CFRP competencies industry-wide

Sources: RedBull F1, Daimler AG, Toyota AG, BMW Group

Mobility: Material competence for aviation. High potential for non-structural components

Serial production for the A350

• New generation of industrial carbon fibers
• Used forfloor panels, cladding, gear doors

Intensify the use of composite materials.

Establishing the Lightweight and Application Center

Location Meitingen

• CFRP concepts
• Design
• Simulation
• Prototypes
• Small-batch series

Mobility and energy supply.

Increasing demand for lithium-ion-batteries

LIB-market by application [GWh]

Source: Avicenne Energy Analysis, 2015

*) Power tools, e-bikes, forklifts, stationary energy supply, etc.

Market drivers

Consumer electronics

Sources: BMW Group, Fotolia

Energy: Anode material for storage systems. GMS is the only supplier in the western world

Anode material forlithium-ion-batteries

• Next generation of anode material
• Increase in storage density
• Cooperation with renowned OEMs

Energy: Solutions for the solar industry. GMS is globally leading development partner

Isostatic graphite for the production of silicium

• New production and technology centerin Bonn
• High dynamics in the market for photovoltaics

In the age of digitization. LEDs and semiconductors drive demand

Specialist for surface coatings

• Strengthening the cooperation with customers in the LED and semiconductor industries
• Further development of surface coatings

2016: Our path forward. Focused. Sustainable. Committed.

Thank you!

Importantnote:

This presentation contains forward looking statements based on the information currently available to us and on our current projections and assumptions. By nature, forward looking statements are associated with known and unknown risks and uncertainties, as a consequence of which actual developments and results can deviate significantly from the assessment published in this presentation. Forward looking statements are not to be understood as guarantees. Rather, future developments and results depend on a number of factors; they entail various risks and unanticipated circumstances and are based on assumptions which may prove to be inaccurate. These risks and uncertainties include, for example, unforeseeable changes in political, economic, legal and business conditions, particularly relating to our main customer industries, such as electric steel production, to the competitive environment, to interest rate and exchange rate fluctuations, to technological developments, and to other risks and unanticipated circumstances. Other risks that may arise in our opinion include price developments, unexpected developments associated with acquisitions and subsidiaries, and unforeseen risks associated with ongoing cost savings programs. SGL Group assumes no responsibility in this regard and does not intend to adjust or otherwise update these forward looking statements.

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