WashTec AG — Investor Presentation 2015

Mar 31, 2015

Press and Analysts' Conference

Experience & Results

Press and Analysts' Conference 2015

Content

1. Overview

• 1. 2014: Facts & Figures
• 1. Outlook

Overview Board of Management

Dr. Volker Zimmermann (CTO/CEO) Supply Chain,

Development, Service Support, Quality

• Doctorate in mechanical engineering
• Worked for Voith Turbo GmbH & Co. KG, i.a. as a board member
• Formerly chairman of the board of Knorr-Bremse, Systeme für Nutzfahrzeuge GmbH

Karoline Kalb (CHRO)

Legal & Compliance, Investor Relations, Human Ressources, Global Key Account Management, Special Projects

• Lawyer
• Has been working for WashTec since 2001 in various management functions, i.a. as director Key Account Management and Compliance

Rainer Springs (CFO) Finance and IT

• Master in Business Administration (Dipl.- Kfm.)
• Worked for management consulting firms
• Worked for ABB AG before joining WashTec in 2004
• Formerly COO of the US subsidiary Mark VII

Stephan Weber (CSO)

Sales and Service, Product Management & Marketing

• Engineer in the field of wood engineering (Dipl.- Ing.)
• Worked for well-known machine and plant engineering companies
• Formerly member of the board of Michael Weinig AG

• Leading innovations presented at the Automechanika 2014

• iWash the customized wash
• Wash&Pay first wash, then pay
• WashTec Plus the online operator tool
• MultiFlex the revolutionary side-washer
• Twister the diligent wheel washer

• Extraordinary share performance

• Total Shareholder Return at 27% (incl. dividend)
• Distribution in 2014: 0.64 € per share (dividend of 0.32 € approx. 40% of net income plus special dividend by the same amount)

• Further improvement of EBIT-margin

• EBIT-margin at 6.1%
• WashTec aims at 8% from 2016

• Positive business development

• High order intake in the second half of the year
• Improvement of customer service efficiency

• Further improvements regarding Chemicals

Content

• 1. Overview
• 2. 2014: Facts & Figures
• 1. Outlook

Solid revenue and earnings development 2014: Facts & Figures

2013 2014 Revenues (in €m) 2012 EBIT (in €m) 2012 2013 2014 Net Cash Flow (in €m) 2012 2013 2014

Net financial debt* (in €m)

* Net bank debt plus long-term and short-term finance leasing debt

• Equity ratio constantly high
• Cash exceeds remaining financial debt

2014: Facts & Figures

Profit/Loss Statement 2014: Facts & Figures

P+L	2014	2013
Revenues	302.6	299.7
Gross margin	182.6 (60.3%)	177.8 (59.3%)	Increase due to change in product mix and higher revenues
Personnel expenses	(111.1) [36.7%]	(106.4) [35.5%]	Wage increases especially in Germany, effects from restructuring program
Other operating expenses	(47.5) [15.7%]	(48.8) [16.3%]	Efficiency measures and cost reduction reg. consultancy and cars, lower FX losses
EBITDA	28.6	27.0
Depreciation	(10.3)	(9.9)
EBIT	18.4 [6.1%]	17.1 [5.7%]
Financial Result	(0.7)	(1.3)	Repayment of loans and lower effects from interest rate swaps
EBT	17.7	15.8
Tax Expenses	(5.0)	(4.6)

Rounding differences possible

in €m

	2014	2013	Change
Equipment & Service	255.7	255.2	+0.5
Chemicals	34.3	32.0	+2.3
Operations business and others	12.6	12.5	+0.1
Total	302.6	299.7	+2.9
Rounding differences possible

2014: Facts & Figures Revenues and earnings development

Rounding differences possible Consolidation not included

Press and Analysts' Conference 2015 10

	Dec. 31, 2014	Dec. 31, 2013
Balance sheet total	185.8	174.2
Goodwill	42.3	42.3
Equity	90.9	87.8	Equity ratio at 48.9%
Net finance debt	-9.8	2.9	Net financial liquidity by end of 2014 due to strong Cash Flow
Net cash flow	29.2	21.0	Higher prepayments
Net current assets	71.2	65.2	Higher receivables/inventory
Cash outflow from investing activities	(4.1)	(5.3)
Free cash flow	25.1	15.7

Content

• 1. Overview
• 1. 2014: Facts & Figures
• 3. Outlook

Segment planning:
Segment	Plan for Core Europe	Plan for Eastern Europe	Plan for North America	Plan for Asia/Pacific
Revenue	Stable (≤1%)	Significant increase (>3%)	Significant increase (>3%)	Significant increase (>3%)
EBIT	Stable (≤3%)	Slight increase (≤6%)	Significant increase (>6%)	Significant increase (>6%)

Group planning:
In Mio. €	2014	Plan
Revenue	302.6	Slight increase (≤3%)
EBIT	18.4	Significant increase (>6%)
Free Cash flow	25.1	Slight decrease (≤6%)

WashTec aims at 8 % EBIT-margin from 2016

Dividend proposal for AGM on May 13, 2015:

1.65 € per share (0.70 € dividend, plus special dividend of 0.95 €)

Press and Analysts' Conference 2015 14

Backup

Share performance and shareholder structure

Analyst Coverage
Analyst (+ Date)	Recommen dation	Target Price (€)
BHF (02/13)	Overweight	11.70
Hauck & Aufhäuser (02/15)	Hold	15.00
HSBC (02/15)	Overweight	18.50
MM Warburg (03/15)	Buy	17.00
	Average	15.55

Trade Volume (Xetra)
	Volume (pcs.)
Period	2014	2013
Jan.-Dec.	1,174,040	763,221
SDAX-Ranking	Turnover
December	127	134

() WashTec

2) Leifina GmbH & Co. KG et al.

3) Shareholder Value Management AG

Source: Notifications pursuant to WpHG 4) Nmás1 Asset Management , SGIIC, S.A

15 Press and Analysts' Conference 2015

March 31, 2015	Annual Report
April 30, 2015	1Q/2015 Report
May 13, 2015	Annual General Meeting
August 05, 2015	1H/2015 Report
October 30, 2015	3Q/2015 Report
November 23-25, 2015	Equity Forum

No offer:

This document does not constitute or form part of an offer for sale or subscription or an invitation or solicitation of an offer to subscribe for or purchase any securities and neither this document nor anything contained herein shall form the basis of any contract or commitment whatsoever. neither this document nor any copy of it may be taken or transmitted into the united states or provided or transmitted to any U.S. person (within the meaning of regulations under the U.S. securities act of 1933, as amended).

Confidentiality:

This document is strictly confidential to the recipient, is being supplied to you solely for your information, may not be distributed to the press or other media (including information vendors and wire services) and may not be reproduced in any form or redistributed or passed on, directly or indirectly, to any other person or published, in whole or in part, for any purpose.

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 materialise 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.