WashTec AG — Interim / Quarterly Report 2021

Oct 27, 2021

Q3 Report | October 27, 2021

Dr. Ralf Koeppe | CEO

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Supply chain situation – tense but still manageable

Risks from the supply situation remain, but currently no direct impact on the production

Shortage of raw material and price increases

• Chemical components
• Steel, stainless steel, copper, aluminum
• Semiconductors
• Plastics like Polyethylene, polypropylene

Q3 report | October 27,2021 | WashTec AG 4 |

WashTec is executing a rigorous, proactive approach

Forecasting with major suppliers,

Regular calls with all important suppliers

Weekly Meeting "securing supply", daily coordination between order and purchasing dpt.

"red telephone" purchasing / R&D to find substitutes for missing parts

Q3 at a glance – Revenue on pre-corona level; double digit EBIT performance

• Double-digit revenue growth in all main product segments; strong contribution from direct sales
• EBIT margin at 13.5%; Operational EBIT (without positive subsidy effect of 2.7m€) up 68% with an EBIT margin of 11%
• Positive cash flow

Q3 - Revenue back on pre-crisis level; EBIT double digit and above 2019; FCF as expected below PY

* EBIT adjusted by subsidy effect of 2.7m€ in NA

5.2

-45%

Q3 – Equipment & service up 20%; chemicals app. 15%

Q3 development by region – Strong performance driven by Europe; NA result impacted by material price increase & capacity adjustments

Q3 YTD - Revenue & EBIT still slightly below 2018 pre-crisis level; FCF significantly improved

* EBIT adjusted by subsidy effect of 2.7m€ in NA

Q3 YTD – Revenue growth driven by Equipment, Service & Chemicals

Q3 YTD – Europe

• Revenue up 16% compared to the prior year, however, still approx. 2%-3% below pre-crisis level
• Direct sales significantly above prior year
• Double-digit EBIT ratio of app. 11%

Q3 YTD – North America

• Revenue 8% up due to strong sales to Key-Accounts in 3rd Quarter
• Direct sales performance above prior year
• Significant EBIT improvement
• EBIT adjusted by subsidies at 1,2m€
• Q3 impacted by material price increase

Q3 YTD – APAC

• Revenue 8% down. Positive performance in AUS overcompensate decline in China
• Significant EBIT improvement

September 2021 Balance Sheet – Significant improvement of NOWC; solid balance sheet structure

September	September	September
NOWC	Equity Ratio	Net Debt

Guidance 2021*

	2020	Guidance 2021**
Revenue	€ 378.7m	significant increase of over 9%
EBIT	€ 20.1m	significant increase, with an EBIT-Ratio of round 10%
FCF after lease payments	€ 36.9m	significant decrease
ROCE	10.5%	significant increase

• * This guidance is subject to uncertainties
• ** stable < 3 %; slight ≥ 3 – < 5; significant ≥ 5 %

Financial Calendar 2021

November 22 – 24, 2021

Equity Forum, online

April 7, 2022

Investors' Day

May 16, 2022

Annual General Meeting 2022

| Q3 report | October 27,2021 | WashTec AG

Disclaimer

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Cautionary Note Regarding Forward-Looking Statements:

This document refers to statements relating expressly and implicitly to the future. Such forward-looking statements are based on current expectations, estimates, forecasts and prognoses concerning the development of the market as well as management estimates and assumptions. Such forward-looking statements are no guarantee that events or results will actually materialize in the future and are subject to risks, uncertainties, assumptions and other factors that could lead to actual events or results deviating substantially from those anticipated in these forward-looking statements. The company assumes no obligation to update any forward-looking information.