#1DÜRR GROUP. IR PRESENTATION Corporate Communications and Investor Relations, Dürr AG May 2024 Bietigheim-Bissingen#2Disclaimer This publication has been prepared independently by Dürr AG/Dürr Group. It may contain statements which address such key issues as strategy, future financial results, events, competitive positions and product developments. Such forward-looking statements are subject to a number of risks, uncertainties and other factors, including, but not limited to those described in Dürr's disclosures, in particular in the chapter "Risks" in Dürr's annual report. Should one or more of these risks, uncertainties and other factors materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performances or achievements of Dürr may vary materially from those described in the relevant forward-looking statements. These statements may be identified by words such as "expect," "want," "anticipate,” “intend," "plan," "believe," "seek,” “estimate,” “will," "project" or words of similar meaning. Dürr neither intends, nor assumes any obligation, to update or revise its forward-looking statements regularly in light of developments which differ from those anticipated. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies. Our financial reports, presentations, press releases and ad-hoc releases may include alternative financial metrics. These metrics are not defined in the IFRS (International Financial Reporting Standards). Dürr's net assets, financial position and results of operations should not be assessed solely on the basis of these alternative financial metrics. Under no circumstances do they replace the performance indicators presented in the consolidated financial statements and calculated in accordance with the IFRS. The calculation of alternative financial metrics may vary from company to company despite the use of the same terminology. Further information regarding the alternative financial metrics used at Dürr can be found in our financial glossary on the Dürr web page (https://www.durr-group.com/en/investor-relations/service-awards/glossary/). www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. € DURA 2#3DÜRR GROUP. 1 The Dürr Group in a nutshell 2 Our strategy 3 Growth business 4 Established business - 5 Sustainability reducing environmental footprint and enabling low-carbon society AGENDA 6 Results Q4/FY 2023 7 Outlook#41 DÜRR GROUP. THE DÜRR GROUP IN A NUTSHELL#5Dürr Group: a leader in attractive niche markets Enabling efficient manufacturing of products that billions of people use every day DÜRR GROUP. Major markets Paint shops, final assembly lines, test systems Environmental technology, battery production technology Production automation Balancing technology Divisions Paint and Final Assembly Systems Source: Tesla Woodworking technology 00 Application Technology Clean Technology Systems Industrial Automation Systems Woodworking Machinery and Systems Sales (2023) €1.4 bn €0.6 bn €0.5 bn €0.6 bn €1.6 bn Market share (Position) 40-50% (#1) 50% (#1) 20-30% (#1) 4% (#2) 40-50% (#1) 25-35% (#1) www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 5#6The Dürr Group - leading in production efficiency German quality engineering with family roots since 1896 ■ A global leader in production technology with €4.6 bn sales in 2023 ■ Core competencies: Automation and digitalization Machinery and equipment at the core of all business activities ■ Customers value us for project execution, shop-floor know-how and global service footprint Strong market positions in Europa, Asia and the Americas ■ Solid financial foundation for profitable growth and value creation Sales per region 2023 8% 16% 16% Σ 2023 €4,627 m 31% Germany Europe (w/o Germany) Americas DÜRR GROUP. 29% Asia (w/o China), Africa, Australia China Sales by end-market 2023 35% Σ 2023 48% Automotive Industrial €4,627 m Furniture, building systems 17% Equipment supplier with diversified customer segments and leading positions in global niche markets www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 CO 6#7Dürr Group positioning in current environment Potentials, challenges and actions HOMAG ◉ Significantly lower order volume at HOMAG after two record years (-30%) -> -15% sales decline in 2024 expected Capacity adjustments: - 600 jobs globally 2 Cost savings: €25 m in 2024 €50 m by 2025 Flexible labor measures Target 2-4% EBIT margin in 2024 Automotive Strong order intake in H1 2023 ■ High backlog with very good margins ☐ Solid project pipeline but some delays and stronger competition in H2 2023 Continue value before volume strategy M&A Automation powerhouse - BBS Automation adds critical size to reach € 500m sales run rate in production automation Ingecal adds process of calendaring to battery portfolio - important ingredient to develop dry coating process Review of business portfolio with the goal to reduce complexity Finance DÜRR GROUP. € ■ Syndicated loan adapted to increased business volume Cash credit line up from € 500m to € 750m Guarantee line up from € 250m to € 500m ■ Maturity extended until 2028 with option to extend by 2 more years Focus on improving margins and resilience - developing business portfolio towards growth and profitability www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 7#8Margin targets for machinery and system business Mid-cycle target KPI: EBIT before extraordinary effects Machinery business: Target ≥10% Application Technology System business: Target >6% Paint and Final Assembly Systems 8.8% 4.1% 8.3% 9.9% 9.5-10.5% 6.0 - 7.0% 3.1% 3.8% 4.4% 5.1% DÜRR GROUP. Reaching ≥8% on Dürr Group level ■ Execute improvement and capacity programs ■ Invest in higher margin businesses ■ Grow service share 2020 2021 2022 2023 2024e 2020 2021 2022 2023 2024e Woodworking Machinery Systems 6.7% 7.8% 8.0% 2.0-4.0% Clean Technology Systems 6.3% 6.0-7.0% 5.3% 4.3% ■ Increase operational efficiency 2.5% 2.4% ■ Further localize business activities 2020 2021 2022 2023 2024e 2020 2021 2022 2023 2024e Industrial Automation Systems EBIT margins before extraordinary effects NEW 5.0% 4.1% 7.0-8.0% 2022 2023 2024e Most businesses moving towards mid-cycle margin targets - HOMAG with cyclical downturn in 2024 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 8#9Fundamental demand drivers intact Our solutions help our customers achieve efficient and sustainable production L SUSTAINABLE PRODUCTION Energy and resource efficiency KEY DEMAND DRIVERS ENABLING SUSTAINABLE PRODUCTS for a zero CO2 society Electric vehicles (EVs), wooden houses, alternative energy AUTOMATION Reshoring of production; high productivity and quality Source: Tesla Demand for Dürr Group products driven by resilient long-term trends www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 SAWTEQ -300 HE HOMAG DÜRR GROUP. 9#102 OUR STRATEGY OURR#11Strategy and mid-cycle targets for profitable growth More than €6 billion sales targeted in 2030 DÜRR GROUP. Glocal ■ Global business with local supply chain ■ Strong regional setup (Europe, Asia, North America) Technology Leadership ■ Most efficient and sustainable products DÜRR GROUP. digital@Dürr ■ Software as differentiator Efficiency ■ Drive synergies, esp. scale, processes ■ Lean and agile organization ■ Highest quality ■ Internal digital transformation ■ Optimize global footprint ■ Re-thinking of processes in production ■ From smart apps to MES and whole ecosystems Life Cycle Services ■ Leverage vast installed base ■ Whole range of consulting, training, support ■ Predictive and fast ■ ≥ 30% of sales Enablers: Sustainability, Mergers & Acquisitions, Finance Management, People Development digital@Dürr: Driving digitalization is at the core of our strategy 5% - 6% CAGR sales revenues (2022 - 2030) ≥ 8% EBIT margin (Mid-cycle target) ≥ 25% ROCE (Mid-cycle target) www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 11#12Mid- to long-term growth potential Above GDP growth on average until the end of the decade Revenue 2022 €4.3 bn ~17% 37% Revenue 2030 > €6 bn -30% -30% ~ 5%-6% CAGR ~46% 40% DÜRR GROUP. Size and product portfolio to drive additional margin potential beyond 8% Automotive Furniture, house building Industrial, medical devices, batteries Well on track due to organic growth and acquisition of BBS Automation www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 12#13Established Businesses Mid- to long-term growth drivers, strategic approach and growth potential Paint shops, final assembly and test ■ Transformation towards e- mobility (start-ups, OEMs) ■ Decarbonization drives refurbishment of old lines (energy efficiency, ...) → Value before volume → Grow service Growth target: 0% - 2% Furniture ■ Growing middle class ■ Lack of skilled workforce drives automation ☐ ■ Digitalization increases service potential → Improve efficiency and resilience → Grow service Growth target: 3% - 9% Environmental ■ Tightening emission standards ■Localization of production Battery and semiconductor plants → Global supply of leading. quality and efficiency → Project excellence Growth target: 3% -9% DÜRR GROUP. Balancing/Tools ■ Green mobility ■ Mechanical engineering - turbines for power plants ■ Aviation and aerospace ■ Tire & wheel → Improve efficiencies → Digital market leader Growth target: 3% - 9% Focus on margin improvement and cash flow generation www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 13#14Growth Businesses Mid- to long-term growth potential DÜRR GROUP. Sustainable construction with wood ■ Expansion and industrialization of capacities ■ Potential M&A to improve reach Sales ~ €220 m 2022 Production automation ■ Expanding customer portfolio by leveraging Dürr Group scale, project capabilities and reliability ■ M&A accelerates growth: BBS Automation Sales ~ €500 m Potential 2030 ~ €200 m 2022 ~ €800 m Battery production ■ Offering turnkey solutions together with Grob and Manz ■ Solvent recovery already proven and ordered for giga factories ■ Coating strengthened: Ingecal, LiCAP Sales ~ €300 m - €500 m - €50 m Potential 2030 2022 Potential 2030 Sustainability and automation are key demand drivers www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 14#15Sustainable production: leading in resource efficiency Demand for carbon neutral production of EVs drives refurbishments Around 60% of paint shops older than 15 to 20 years High energy consumption 1,000 kWh 1,500 kWh per car body painted ■ Significant fossil fuel usage 30% - 50% of energy consumption driven by gas fueled processes DÜRR GROUP. Significant savings achieved in last 15 to 20 years Energy [in kWh/car body painted] 2,000 1,500 -67% Water [in m³/car body painted] 1,000 + 1 2 -71% | 500 Paint shop share of overall vehicle production energy consumption 0 www.durr-group.com 43% 0 Paint [in liters/car body painted] VOC [in kg/car body painted] 8 6 4 2 0 4 -36% -73% 3 I 2 1 0 Today's state of the art technology way more efficient than most of installed base © Dürr AG, CCI, Investor Relations Presentation, May 2024 15#16Enabling sustainable products: e-mobility BEVS drive automotive industry dynamics - new plants and upgrades Pure EV entrants to the automotive market Worldwide production volume of BEVS BYD H FOXCONNⓇ CEER 鴻海科技集團 In million vehicles DÜRR GROUP. 35.6 32.0 +19.2% 28.2 Li Auto JCIC 24.4 20.1 16.4 NIO RIVIAN 12.7 10.4 T X Togg TESLA XPENG 2023 2024 2025 2026 2027 2028 2029 2030 Source: Dürr research Source: GlobalData, Global Light Vehicle Powertrain Forecast - Quarter 1 2024 Transformation towards BEVs is a growth opportunity for the Dürr Group www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 16#17Production automation Accessible market for automation technology to grow by 9% CAGR over the next years. DÜRR GROUP. Market potential (in €bn) 16.4 2022 +9% 23.4 2026 (E-)Mobility Medtech Consumer Goods Other Source: Boston Consulting Group www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 Market drivers ■ Automation becomes even more important due to increasing labor shortage and near-/onshoring to developed nations - E-mobility: Massive tailwinds driven by government regulation and ambitious EV targets New assembly lines required to move from ICE1 to EV powertrains Medtech: Growth and aging of world population Increasing regulation requirements (incl. sterilization and tracking) Increasing demand for customized end products: more flexible manufacturing needed 1 Internal combustion engine 17#18Improving our customer's business through innovation Increasing OEE and resource efficiency makes production more sustainable Example: Modular & scalable box concept Reinventing paint shops DÜRR GROUP. ■ Break-up rigid production lines with fixed cycles Introduce modular box and short-line concept Increase OEE and throughput of the plant Less space needed - save building invest Flexible capacity expansion - ideal for start-ups Maximizing uptime utilization Exterior and interior paint application in one box Maintenance cabins reduce downtime significantly Additional technologies can be added, e.g. overspray free paint application (Eco PaintJet Pro) Example: Eco ProBooth #1 in innovation: Process know-how paired with automation and digitalization competence www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 18#19Our digitalization strategy - digital@DÜRR Vision Leader in digitalization in the Dürr Group's business areas Strategy ◉ ◉ ■ ■ ◉ Mission Data-driven software products, solutions and business models Develop and expand software competencies Objectives New revenue streams + differentiation + disruption protection Develop customer oriented software solutions with new digital technologies Introduce new business models to the customer Exchange for synergies, learning effects and support within Dürr subgroups Strengthen tapio¹ ecosystem ■ Drive internal digital transformation Software Competence New Business + Models Partner Network + Internal Transformation Digitalization creates value for our customers and for us www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 Smart Products DÜRR GROUP. Smart Processes digital@DÜRR Smart Services Smart Factories 1 Software as a service platform from HOMAG 19#20Strong and growing IT offering Leveraging installed base and grow smart digital applications lloT platform, shop and hub approach tapio - the open wood industry ecosystem ■ Common platform for machine, tool and material manufacturers ■ Central app store open to everybody ■ Software as a service based on subscription Partner to private customer clouds ■ E.g., Industrial cloud of Volkswagen and AWS - Win-win-situation: Customer can offer fast growing range of applications + further improvement of applications through insight in production MES and SMART applications DÜRR GROUP. ■ > 650 Manufacturing Execution Systems (MES) installations across different industries (Dürr incl. ¡TAC) Apps using Al drive OEE and quality Example: SMART DXQ software tools Inline quality assurance: Software recognizes problems earlier than staff Predictive maintenance: Reduction of unscheduled downtimes ▪ Example: Cloud-based app intelliDivide Rapid calculation of cutting plans to boost speed or reduce waste Software services - growth potential and differentiating feature for Dürr www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 20#21Efficiency: One DürrGroup program Tapping various synergy potentials OneCRM Customer Relationship Management OneSRM Spotlight on customers salesforce XDURR Supplier Relationship Management Spotlight on suppliers One Finance Spotlight on finance OneERP Enterprise Resource Planning Spotlight on the Dürr Group DÜRR GROUP. OneMES Manufacturing Execution System Spotlight on production OneHR Human Resources Spotlight on employees 0 ORACLE × DÜRR X GROUP. YiYi www.durr-group.com 2 Spend: - €20 m / year NE! DÜRR GROUP. Addressing all core processes © Dürr AG, CCI, Investor Relations Presentation, May 2024 K One PC Project Center Spotlight on customer projects 21#22Life Cycle Services - leveraging vast installed base Service sales and gross margin continue to grow % of group sales Service sales in € m 30.6 29.8 28.1 27.8 26.9 27.8 27.3 28.1 Key aspects DÜRR GROUP. Service share on prior year's level despite market downturn at HOMAG ■ Service margin further improved Service mix 2023 (y-o-y pp.) 373 344 347 315 306 +-0 pp. 278 282 282 18% 39% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 +-0 pp. 2022: € 1,219 m (28.2%) 2023: € 1,307 m (28.3%) Service remains a solid profit contributor www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 +-0 pp. 44% Spare parts Modifications Other services (e.g., maintenance assessments) 22#23M&A is an important contributor to growth Well-structured approach to increase company value M&A volume in € m INGECAL 165 BOBOS CONSTRUCTEUR AUTOMATION Disciplined M&A process DÜRR GROUP. HC HOMAG 209 ¡TAC SOFTWARE 40 12 13 team technik PRODUCTION TECHNOLOGY DÜRR MEGTEC HEKUMA DURR UNIVERSAL KALLESOE MACHINERY A/S Member at the Marase 159 139 11 9 CPM 31 492 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Constantly exploring market for opportunities: - Dedicated small M&A team runs comprehensive selection process Evaluating market size and growth potential, entry barriers, cyclicality and competition ■ M&A types Cross-divisional: technology and skills (e.g. software know- how) Bolt-on: expand know-how, market access or size Complementary: reinforce business or establish new division Typically, 2-3 deals per year (maximum 5) ■ Active portfolio management Divestments of Dürr Ecoclean (2017) and Aircraft Technology Systems (2014) Focus on synergies, know-how, market reach and diversification www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 23#243 GROWTH BUSINESS#253 AGENDA 1 Production automation 2 Battery production PROGRESS IN GROWTH BUSINESS DÜRR GROUP. 3 Sustainable construction with wood#26Production automation =A1+ST01 BG01 00 24 =A1+ST01 BG01 00 25 SCHUNK Cd 011_07_02_03-001#27Building a new powerhouse for automation DÜRR www.durr-group.com 2021 П team technik PRODUCTION TECHNOLOGY 2023 HEKUMA BOBOS AUTOMATION KAHIE Manufacturer of Automation Equipment © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 27#28Production automation: focus on growth and margins Establishing a top 3 automation player through acquisitions. Significant top- and bottom-line synergies ■ Complementary portfolio of solutions ■ Utilizing geographic footprint of partners ■ One stop shop for the whole production chain ■ Joint execution of large orders Leveraging strong financial background of the Dürr Group BOBOS AUTOMATION KAHLE Manufacturer of Automation Equipment team technik PRODUCTION TECHNOLOGY HEKUMA BBS Automation acquisition significantly accelerates growth Sales revenues [Єm] Acquisition BBS Automation (pro-forma) Pro-forma sales after acquisition 500 Teamtechnik + Hekuma 200 300 2022 www.durr-group.com 2023e pro-forma 98 BBS Automation + Teamtechnik + HEKUMA = new powerhouse for automation © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 28#29Automation business: efficient production facilities At complementary locations in APAC, Europe and North America Chicago Lawrenceville Guadalajara Legend ★ Headquarters BBS Automation Teamtechnik www.durr-group.com Freiberg (HQ) Krakow Ludwigsburgo Lipany Munich (HQ) Hallbergmoos Sonthofen (HEKUMA) O Caravaggio (Kahle) • Poggibonsi © Dürr AG, CCI, Investor Relations Presentation, May 2024 Pune Xi'an Penang DÜRR GROUP. Largest plants of BBS Automation Kunshan New plant Suzhou BBS Tianjin Suzhou Kunshan Sonthofen Caravaggio (Kahle) Chicago BOBOS AUTOMATION Poggibonsi 800 29#30Automation business: customer industries Automation solutions for important industries DÜRR GROUP. Mobility & E-mobility Consumer goods www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 Medtech / Life sciences BOBOS AUTOMATION KABLE Manufacturer of Automation Equipment Others, e.g., energy team technik PRODUCTION TECHNOLOGY HEKUMA 30#31Automation business: customer products Mobility Automotive - Powertrain system Engine ■ Pumps Gearbox EGR1 Clutch Thermostat Throttle valve Turbocharger Differential Electronics Domain controller Air conditioning system ECU³ ☐ Camera ■ ADAS² Sensor ■ ☐ Motor ■ ■ Key Display 08:12 Chassis system Braking system Steering system www.durr-group.com Suspension system Transaxle/axle 3 Interior and exterior Seats and accessories ☐ Wiper Car mirror Lights Doors and accessories Airbags and accessories AIR BAG 1 EGR: Exhaust gas recirculation © Dürr AG, CCI, Investor Relations Presentation, May 2024 2 ADAS: Advanced driver assistant service; 3 ECU: Electronic control unit DÜRR GROUP. BOBOS AUTOMATION KABLE Manufacturer of Automation Equipment team technik PRODUCTION TECHNOLOGY HEKUMA 31#32Automation business: customer products Mobility - E-Mobility Electric drive system Electronic controllers 1 EDS/E-Axle Motor/stator/rotor ■ E-transmission BMS MCU ■ Inverter VCU DC/DC PDU OBC Battery system Thermal management system www.durr-group.com ☐ Battery/module/pack 2 EV 3 DÜRR GROUP. BOBOS AUTOMATION KABLE Manufacturer of Automation Equipment team technik PRODUCTION TECHNOLOGY HEKUMA 1 BMS: Battery management system; MCU: Micro controller Unit; VCU: Vehicle Control Unit; DC/DC: DC-DC converter; PDU: Power Distribution Unit; OBC: On Board Charger © Dürr AG, CCI, Investor Relations Presentation, May 2024 32#33Automation business: customer products Life Sciences - Medtech 2009 g) Antigen Rapid Test SARS-CZA Prefilled glass syringes Antigen test Blood collection devices Injection systems, needles Inhalers IV sets 1 SINGLE www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 ◉ Diagnostic devices Micro seeds Contact lenses Micro components Disposables Pharmaceutical devices Power tools Diagnostics Syringes Trocar IV components1 Tubes Tubing sets Dialysis filters Cautery pen DÜRR GROUP. BOBOS AUTOMATION KABLE Manufacturer of Automation Equipment team technik PRODUCTION TECHNOLOGY HEKUMA 1 IV: Intravascular 33#34Consumer Others, e.g., energy Automation business: customer products Consumer products and others melab Household Consumer goods Power tools metabo DÜRR GROUP. BOBOS AUTOMATION KABLE Manufacturer of Automation Equipment team technik PRODUCTION TECHNOLOGY HEKUMA www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 34#35BBS / Teamtechnik turnkey lines for e-mobility Assembly e-motor, gearbox, inverter including final end-of-line testing BOBOS AUTOMATION Assembly e-motor Assembly reduction gearbox BOBOS AUTOMATION Assembly inverter BOBOS AUTOMATION One-stop-shop for e-drive assembly and testing equipment www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 team Technik PRODUCTION TECHNOLOGY EOL test DÜRR GROUP. 35#36Battery production#37Further expanding capabilities in battery production Acquisition of Ingecal and cooperation with LiCAP broaden offering to customers Acquisition of Ingecal adds calendering technology ■ Important process step in wet and dry coating of electrode material Ideal extension of Dürr's wet coating offering ■ Enables Dürr to develop dry coating applications DÜRR GROUP. Cooperation with LiCAP on dry electrode coating ■ Partnership to develop dry coating technology for giga battery factories Building on Activated Dry Electrode technology from LiCAP CALANDRE-220 Adding dry coating to our portfolio, also with a view to future solid-state batteries www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 37#38The future of electrode production Development of disruptive technologies Wet coating Mixing > Specter Auftragale Greta bestefole neweedes Beschichen Wet coating Electrode ful Abg Solent Deduction Scher Shende Drying sample > Dry coating Mixing www.durr-group.com Solvent recovery code Dry coating Burg Kupfer Kontinuerliche Beschichtung Absaugung Mogen Kander Kalender Zugwen 00 Renung Calendering Secherc Slitting (Vacuum) drying © Dürr AG, CCI, Investor Relations Presentation, May 2024 Bung Kordinueniche Beschidung Wosaugung Slitting DÜRR GROUP. > 2nd (Vacuum) drying Benefits ■ No hazardous solvents ■ -40% energy costs ■ Higher efficiency ■ Less process steps Improved electrode performance Image sources: 2018, PEM of RWTH Aachen University & VDMA, Lithium-Ion Battery Cell Production Process, ISBN: 978-3-947920-03-7 2023, PEM of RWTH Aachen University & VDMA, Production Process of a Lithium-Ion Battery Cell, ISBN: 978-3-947920-27-3 38#39Ready to industrialize dry coating Acquisition of Ingecal and cooperation agreement with LiCAP Material science / process Know-how in material science, formulation, binder is key Technology calender DÜRR GROUP. Calendering technology is an important basis to enter into dry coating. Ingecal closes gap in calendering technology. LiCAP provides "one" recipe LIЄAP Technology competence of Ingecal for calendering and laminating INGER INGECAL CONSTRUCTEUR ■ Is already selling ultracapacitors with dry-coated electrodes produced with their technology ■ Different advantages on the process/machinery side in comparison to other competitors ■ Deep knowledge in calendering and especially in the field of dry coating since 2008 ■ Very good network of partners and long relationships in the field of dry coating www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 39#40Significant impact of dry coating expected Dry coating expected to reach a share of 30% to 40% by 2030 - focus on EU and Americas Full-line supplier for wet and dry coating Dry and wet coating will be demanded from the market simultaneously ■ Dry coating Lower energy consumption in production - Future potential: suitable for solid-state batteries ■ Wet coating - Remains relevant technology with large volumes until 2030 - Solvent recovery remains core technology independent from solvents used ■ Dürr is one of the few full-line suppliers for wet and dry coating DÜRR GROUP. Forecast wet/dry coating market, based on (planned) capacity [GWh]1 EU + North American market CAGR Wet 3% Dry 47% Dry (KOR, JPN, CHN supplier) 20% 1.559 6% (100) 85% (1.332) 2.568 13% (322) 61% (1.556) 27% (690) www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 2025 2030 1 Source: Dürr analysis 40#41Addressing pain points in battery manufacturing Digitalization important part of the solution Pain points in battery cell manufacturing DÜRR GROUP. Under-utilization of OEE potential Low yield and throughput despite complex production High scrap rates process Complex processes lead to difficult scaling conditions and ramp- up times High energy costs in Europe Software solutions to address pain points Production Management Manufacturing Analytics & Al Active Traceability Quality Management and Control DURR manz Simulation Energy Management GROB Adding value by offering intelligent solutions www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 41#42Unique partnership for battery production One face to the customer End-to-end solution portfolio for digitalized factory Aligned interfaces Seamless integration of equipment and digitalization Manufacturing & process know-how DURR GROB manz >>>> Customer benefits لتا Higher productivity Improved agility Greater sustainability اشا Shortened ramp-up times Digitalization know-how DURR AC SOFTWARE Providing turnkey solutions to the customers www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. DURR manz GROB 42#43Unique selling points Customer benefits Quick realization One face to the customer High reliability Planning to SOP End-to-end factory Comprehensive digitalization Unique European partnership - virtual reference plant ready www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. DURR manz GROB 43#44H Sustainable construction with wood#45Using wood takes construction to the next level Addressing demand for affordable living, sustainability and lack of skilled workforce Wooden construction is the key to ■ Create affordable living space Introduce serial construction Make building sector sustainable ■ Automate house building ■ Evade labor shortage DÜRR GROUP. Requirements for the market to pick up ■ Normalization of interest rates and inflation Softening regulations for residential construction ■ General permission of serial construction elements ■ Normalization of material prices ■ Reliable supply chains Strong drivers for a 10% growth business in the mid- to long-term www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 45#46Clear trend towards wood as construction material Serial construction using prefabricated wooden construction elements DÜRR GROUP. Adobe be Stock Adob Replacing concrete Shift to pre-fabricated building elements New: wood in high-rise construction www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 Wood is the material of choice for sustainable construction 46#47Product innovations from craft to industry Smart prefabrication DÜRR GROUP. New markets Carpenter WALLTEQ M-300 ■ Our solution for increasing process flexibility of craft customers; opening new market segments Automation Robotics FEEDBOT W-500 ■ For highly automated production lines and cells ■ Relieve employees of lifting heavy wooden panels manually by use of robots Digitization Digital Factory Digital Products ■ Acquisition of minority share in granIT ■ Automation of data process via Web- based data check ■ Unique production simulation for on- demand production flow optimization EVE SH KUKA Documents D a 9 D В кро 9 Prog 00 & Con D -Doma • Ag e Driving innovation based on years of experience www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 Prowler #10 w 47#48Strengthening international footprint Implementation of local-for-local (L4L) strategy Local R&D, engineering and production ■ Production at Dürr Mexico - Focus on North American market ■ Production at HOMAG Poland - Focus on EU market Introducing cycle production Reorganizing production at Weinmann St. Johann - Assembly line for multi-function CNC - Expansion of R&D area, focus on automation and robotics Set up of local know-how hubs by Weinmann Academy ■ North America: Stiles University ■ Poland - skill campus for NEE countries Preparing for global demand growth - Local4Local and scaling of production www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 48#494 ESTABLISHED BUSINESS OURR#50DÜRR GROUP. 4 AGENDA 1 Woodworking Machinery and Systems 2 Paint and Final Assembly Systems 3 Application Technology PROGRESS IN ESTABLISHED BUSINESS 4 Clean Technology Systems 5 Industrial Automation Systems#51Cost saving measures at HOMAG Background ■ Cyclical downturn in demand for woodworking machines after peaks in 2021 and 2022 – in addition, high interest rates and rising cost of material and labor impact residential construction activity Current capacities at HOMAG cannot be fully utilized Measures Global capacity reduction program (~600 employees) Restructuring charges of €35 – €50 m expected (Q4 2023) 2 Cost savings of ~ €50 m by 2025 (50% in 2024) ■ Use flexible labor measures and operating cost savings Target EBIT margin before ext. effects of 2% -4% in 2024 Sustainable improvement of cost structure DÜRR GROUP. www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 51#52How to get to 10% EBIT margin at HOMAG Achievements since 2019 ☐ ☐ Closed production at Hemmoor (D) Streamlined product portfolio Improved processes and new ERP system introduced Hired 100 service employees Expanded construction element business Invested €45 m in new logistics centers and production area 7.8% EBIT margin in 2022 despite supply chain bottlenecks New quarterly record margin of 9.1% reached in Q4 2023 Improvement of EBIT margin before e.e. in 2023 6.5% 2.4% 7.8% 6.7% 8.0% DÜRR GROUP. Further potentials ◉ Service share up by 1%-point adds 25 - 30 bps to EBIT margin New logistics center starts operating in 2024 Build capacities in best cost countries - local for local (L4L) Grow share of Construction Elements Solution business Further efficiency improvements, e.g., in project execution Defined cost saving measures 7.8% €1.6 bn sales; 22% service; supply chain bottlenecks 2022 2019 2020 2021 2022 2023 Defined measures of 2019 executed – basis laid for further margin improvements www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 10% Potential 52#53DÜRR GROUP. 4 AGENDA 1 Woodworking Machinery and Systems 2 Paint and Final Assembly Systems 3 Application Technology PROGRESS IN ESTABLISHED BUSINESS 4 Clean Technology Systems 5 Industrial Automation Systems#54Value before volume strategy starts to pay off Paint and Final Assembly Systems close to mid-term target Measures taken ■ Break-even point lowered Site closures and capacity reduction in Europe in 2020 ■ Value before volume strategy Focus on projects in line with target margin - technology, service & revamps leading to win-win situation for customer and Dürr Improvement of EBIT margin before e.e. in 2023 5.7% 5.1% 4.1% 4.4% 3.1% 2019 2020 2021 2022 2023 Selecting projects where the value add we offer to customers generates attractive returns www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 54#55Managing cost inflation Price escalation clauses at Paint and Final Assembly Systems Protection against inflation for long-term projects ■ Link price to material and personnel cost indices ■ Formula proposed by VDMA (association of mechanical and plant engineering industry) ■ All indexes are publicly available and are published monthly Applied in large contracts since 2022 Price escalation clauses formular = Price P0 x (Share of labor cost x L1/LO + Share of purchased parts x M1/M0 + Share of raw material1 x Sa1/Sa0 + Share of raw material2 + Sb1/Sb0 + ...) PO: Price at time of order negotiations; LO,L1,MO,M1,Sa0, Sa1,...: Index at time of order negotiation and cost incurrence Large contracts at Paint and Final Assembly Systems include price escalation clauses www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 55#56Co-operation with customers leads to win-win Strategic partnership with Mercedes-Benz for sustainable painting technology ☐ Goal: make vehicle painting CO2-free, set new standards in sustainability: < 400 kWh per car Declaration of intent to jointly plan and implement the renewal of painting technology in the German plants of Mercedes-Benz ■ Dürr software applications for energy management and exceptionally energy-efficient technologies are to contribute to the reduction of energy consumption Fully electrified paint shop and important step toward decarbonizing automotive production Customer saves building construction and running costs due to optimized layout Technology leadership and focus on sustainability a clear differentiator www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 56#57DÜRR GROUP. 4 AGENDA 1 Woodworking Machinery and Systems 2 Paint and Final Assembly Systems 3 Application Technology PROGRESS IN ESTABLISHED BUSINESS 4 Clean Technology Systems 5 Industrial Automation Systems#58Taking paint application to the next level Application Technology: Eco Bell4 atomizer - more efficiency, less consumption Leading efficiency ■ Color change losses and rinsing medium consumption reduced by up to 90% ■ 4 needle system: 1 each for 3 most used colors and 1 for all others Proprietary design of robot and atomizer Spare parts protected by RFID tags in order to ensure constant high quality of paint finishing ■ Lowest paint loss in the industry www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 58 DÜRR GROUP. DU#59Solid margin recovery after the Corona pandemic Application Technology: innovation and margin improvement DÜRR GROUP. EcoPaintJet Pro: 100% color on the car body ■ Dürr sole supplier of technology to "print" color on roofs of car bodies without any overspray ■ Market entry in 2019, since 2022 in high volume ■ Several orders currently in installation phase EcoPrint DURR www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 Improvement of EBIT margin before e.e. in 2023 10.7% 4.1% 9.9% 8.8% 8.3% 2019 2020 2021 2022 2023 59#60DÜRR GROUP. 4 AGENDA 1 Woodworking Machinery and Systems 2 Paint and Final Assembly Systems 3 Application Technology PROGRESS IN ESTABLISHED BUSINESS 4 Clean Technology Systems 5 Industrial Automation Systems#61Environmental protection: integral part of the industry Clean Technology Systems: demand driven by various markets DÜRR GROUP. Semiconductor plants - air pollution control Silicon wafer fabrication LCD fabrication Chemical industry - air pollution control Production of battery materials DURR Recycling of batteries Oil and gas pipelines ◉ Silencers for compressor stations Odor control ☐ Cocoa processing and roasting Coffee roasting Cereal roasting Smokehouses for sausage and ham Flavor production www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 61#62Market and efficiency improvements drive margin Clean Technology Systems: very solid performance in 2023 Performance drivers ■ Solid execution of projects in all regions ■ Strong demand from industrial projects in North America ■ Optimization of manufacturing capacities in Mexico ■ Good demand for fully electrified air pollution control Oxi.X RV (presented during last CMD) Improvement of EBIT margin before e.e. in 2023 5.9% 5.3% 4.3% 2.5% 6.3% 2019 2020 2021 2022 2023 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. DURR Air pollution control with clean energy Oxi.X RV 62#63DÜRR GROUP. 4 AGENDA 1 Woodworking Machinery and Systems 2 Paint and Final Assembly Systems 3 Application Technology PROGRESS IN ESTABLISHED BUSINESS 4 Clean Technology Systems 5 Industrial Automation Systems#64Balancing: demand driven by energy and green mobility DÜRR GROUP. Order intake CAGR (2024-2027) from core markets Aviation & Aerospace: (+5% - Strong demand for jet turbines - Active in e-propulsion market Tire & Wheel: (+5% - Main differentiators are automation and digitalization ☐ Mechanical Engineering: (+7% Energy sector is booming: trend towards more efficient turbines and generators for existing power plants Green Mobility: (+17%) Market growth CAGR - OEMs identified e-drive as technological differentiator: new materials, less weight, higher (peak) performance → New rotor developments → Investments in balancing equipment 400 2022 +2% Our target: 450 Grow by 7% CAGR and increase market share from 45% to 55% 2027 Transformation from ICE to energy and green mobility with very good progress www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 99 64#65Balancing: strategy for profitable growth DÜRR GROUP. New Balancing 25: Make greater use of economies of scale potential Sales volume increase ☐ - One global product: Standardization from five different machine family types to only one Profitability increase Use of scale effects in purchasing (one solution for all locations) Drive down manufacturing costs by efficiency increases ☐ Reduced lead times Target delivery time to be reduced by 33% Innovation leader ■ The software brand Schenck ONE positions Schenck as the digital market leader in the balancing business The SAAS¹ business model supports regular revenue generation with software products SCHENCK ONE Improvement of EBIT margin before e.e. in 2023 9.8% 5.4% 5.0% 4.1% 0.1% 2019 2020 2021 2022 2023 SCHENCK Welcome 123 Well positioned for profitable growth www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 2 1 Software as a service 55 65#66Filling technology: heat pump opportunity Rising demand for filling technology for heat pumps and A/C 1 from Agramkow Environmental, regulatory and economic drivers Decarbonizing residential heating drives demand for heat pumps: almost 40% sales growth in Europe in 2022 ■ Global warming is creating an ever greater demand for cool air Increasing regulation enforces a gradual phase-out of HFC refrigerants. New generation of equipment utilizes flammable refrigerants, requiring a more robust production process ■ Digital transformation to drive quality control and improve efficiencies in production Maintenance dce 6 DÜRR GROUP. 4 www 1 Refrigerant charging 2 Leak Detection 3 Safety Systems 4 Performance Testing 5 Evacuation & repair Refrigerant 6 supply PLIS Smart Suite connects to all the processes on the production line Delivering multiple benefits to OEMs Smart Suite Improves process and product quality Lowers total cost of production Reduces warranty claims Increases automation Filling business supports margin improvement at Industrial Automation Systems 1 Air conditioning www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 66#675 SUSTAINABILITY - REDUCING ENVIRON- MENTAL FOOTPRINT AND ENABLING LOW- CARBON SOCIETY#68Dürr Group Corporate Sustainability Holistic sustainability framework across five fields of action Attractive, fair and responsible employer with various career opportunities and offers for people development Employees & Qualification DÜRR GROUP SUSTAINABILITY DÜRR GROUP. Reduction of environmental impact during our own value creation while assuring a transparent supply chain Value Creation & Supply Chain Engagement & Society Socio-economic contribution through social engagement, partnerships and participation in global initiatives Global innovation and technology leader supporting our customers with sustain- able production solutions & services Products & Services Management & Governance Corporate strategy geared towards profi- table growth, sustainable businesses and responsible management Addressing all stakeholder groups www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 68#69Dürr Group Corporate Sustainability ESG ratings: Significant improvements achieved in the last three years Rating agency PLATINUM Top 1% ecovadis Sustainability Rating MAR 2024 Current rating Previous rating 80 out of 100 points Platinum medal 72 out of 100 points Gold medal CDP DISCLOSURE INSIGHT ACTION MSCI ESG RATINGS AA CCC B BB BBB A AA AAA Climate Change: „B" Water Security: „C“ (Scale: A to D-) Rating: „AA" (Scale: AAA bis CCC) Climate Change: „B“ Water Security: „B-" (Scale: A to D-) Rating: „AA" (Scale: AAA bis CCC) Corporate ESG Performance RATED BY ISS ESG▷ Prime SUSTAINALYTICS a Morningstar company Rating: C+ (PRIME) (Scale: A+ to D-) (as of September 1, 2023) 23.2 out of 100 points ,,medium risk" Rating: C- (Scale: A+ to D-) 26.3 out of 100 points ,,medium risk" Goal: Dürr Group to be one of the best-rated companies in its industry in all major ESG ratings www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 69#70Dürr Group Climate Strategy 2030 – data and targets. - Our path to net zero: Emissions breakdown and ambitious target framework DÜRR GROUP. Impact Our ambition! Scope 3 (downstream) Scope 3 (upstream) # Scope 2 Дн Scope 1 Dürr Group 2019 emissions base case¹ in % and kt CO2e 88% 7,165 kt CO₂e -11% 953 kt CO₂e Indirect CO₂e emissions from downstream activities² e.g., use of sold products Annual indirect CO₂e emissions from upstream activities e.g., purchased goods, logistics, business travel Annual indirect CO2e emissions from energy purchase Secondary energy, e.g., electricity, district heating SCIENCE BASED TARGETS Verified climate strategy in line with the 1.5 C target BUSINESS 1.5°C AMBITION FOR -15% Scope 3 Note: 2019 set as base year as 2020 was extraordinary due to Corona impact Assumption: 15 years operating time 3 Validation by SBTi received 2 -0.4% 29 kt CO₂e -0.3% Annual direct CO₂e emissions from own operation -70% NET 28 kt CO₂e Primary energy, e.g., gas, heating oil, gasoline Scope 1+2 ZERO 2019 Targets verified by SBTi www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 2030 2050 70#71Pulling a variety of levers to decarbonize 6 Products Focus on sustainable products - Switch to green energy sources Enabler: e-mobility & solid wood 5 Logistics Shift to green modes of transport CO2-footprint as basis for orders 4 Procurement Supplier trainings on sustainability Supply chain finance program Scope 3 Scope -15% -70% Scope 3 emissions by 2030 Scope 1 and 2 emissions by 2030 Scope 1+2 Scope 1+2 DÜRR GROUP. 1 Energy 100% green electricity by 2023 1% to 2% efficiency increase p.a. Self-generation of electricity 2 Awareness Employee involvement & rewards Stakeholder communication 3 Mobility CO2-neutral fleet by 2030 (GER) Commuting emission reduction Fast move toward renewable energy - R&D focus on product efficiency www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 71#72The Dürr Group is following the 1.5°C pathway Advancing fast on scope 1 and scope 2 targets Scope 1 and 2 emissions (in t CO2e) 60,000 50,000 40,000 30,000 20,000 10,000 0 2019 -55% 2023 ■Heating oil Gas ■ Vehicle fleet Electricity ■District heating DÜRR GROUP. Highlights 2023 ■ Investments in further PV systems in Germany, France and South Africa: self-generated electricity reaching -3.9 m kWh in total Complete switch to green energy purchase for all Dürr Group locations, including BBS Automation ■ Investments in taxonomy-aligned sustainable buildings with a global volume of € ~20 m ■ Revision of the company car fleet policy to incentivize the timely transition to emission free vehicles showing first effects Outlook 2024 ■ Gas as a bridging technology: conversion to alternative sustainable heating solutions initiated ■ Revision of existing Dürr Group Climate Strategy to be continued in 2024 and published in first half of 2025 Reduction of Group-wide CO2 emissions by 55% realized (compared to base year 2019) www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 72#73Taxonomy-aligned activities reported The Dürr Group is taking a pioneering role in reporting on the EU Taxonomy Regulation Six environmental objectives DÜRR GROUP. 尘 1. Climate change mitigation I 2. Climate change adaptation 3. Sustainable use & protection of water & marine resources 4. Transition to circular economy 3 5. Pollution prevention & control * 6. Protection & restoration of biodiversity & ecosystems Economic activities of the Dürr Group CHECK Technical screening criteria Taxonomy-eligible economic activities Minimum safeguards Do no signi- ficant harm Substantial contribution CHECK Taxonomy-aligned economic activities Sales revenues (16.1%) Capital expenditures (13.4%) Operating expenditures (11.5%) The Dürr Group reports on taxonomy-aligned activities since 2021 (cf. Sustainability report) www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 73#74CO2 neutral paint shop by Dürr Innovation leader in sustainable painting Ecoln Cure -25% Energy -50% Oven length DÜRR GROUP. Efficient drying process: Car body heated from the inside Electric instead of gas driven ovens Dürr's USP: Paint shop of the Future, incl. EcoPro Booth Minimize need for air conditioning: Small modular box combines interior and exterior painting Service cubicles allow easy access from outside the paint booth Electrified air treatment with Oxi.X RV flameless air purification DXQenergy.management Software solution to monitor energy consumption and identify improvement potentials C 592 MWh 1,430 MWh Previous Current 589 MWh Nominal Find more information on our website EcoProBooth DURR Dürr is the enabler of emission reduction in paint processes www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 74#756 RESULTS Q4/FY 2023 SIEMENS Hood Conventering Einricht Stevenung Stevenung Betrieb En ST042 Schwetzen SIMATIC HMI Aus TOUCH#76Overview: KPI development FY 2023 vs. FY 2022 Lower incoming orders - strong operations - capacity adjustments impact net profit DÜRR GROUP. in € m +7% -8% 5,008 4,627 4,615 4,314 Incoming orders Sales revenues +21% 2022 2023 Margin 280 232 -18% +10% 134 6.1% 129 110 117 5.4% EBIT before extraord. effects 3.1% 2.4% Net profit Free cash flow Solid automotive orders and acquisition of BBS Automation compensate weaker than expected HOMAG demand and delays in battery orders EBIT margin before extraordinary effects improves by 70 bps - net profit impacted by € 50 m provisions for capacity adjustments at HOMAG FCF again with strong finish in Q4 driven by operational performance as well as disciplined NWC and capex management Positive operational development - resilience of HOMAG to be improved www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 76#77Overview: Regional development of order intake Increasing orders from Europe and Asia outside China in € m 5,008 -8% 4,616 DÜRR GROUP. Orders in Americas declined after a record year with several large projects ■ Reduction in China reflects economic slowdown Growth in Asia (w/o China) due to automotive projects Europe incl. Germany roughly stable -8% 823 754 -32% +8% 1.782 -21% +79% 1,213 1,271 1,376 756 597 675 377 Total China Americas Germany Europe (w/o Germany) Asia (w/o China), Africa, Australia 2022 2023 Geographic diversification stabilizes order intake www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 77#782023 reporting Paint and Final Assembly Systems & Application Technology Paint and Final Assembly Systems Application Technology DÜRR GROUP. 2023 2022 A 2023 2022 Δ 1,476.0 1,554.4 -5.0% Order intake in Єm 719.8 654.0 10.1% 1,363.6 1,266.5 7.7% Sales revenues in Єm 614.0 586.6 4.7% 67.4 51.8 30.0% EBIT in €m 60.0 48.9 22.8% 4.9 4.1 +0.8 ppts. EBIT margin in % 9.8 8.3 +1.4 ppts. DURR EBIT before extraordinary 69.0 55.9 23.4% effects in €m 60.6 48.8 24.1% 002 5.1 4.4 +0.6 ppts. EBIT margin before extraordinary effects in % 9.9 8.3 +1.5 ppts. 26.8 20.9 +5.9 ppts. ROCE¹ in % 20.2 15.8 +4.4 ppts. ■ Order intake close to record level of 2022, book-to-bill 1.08, decision against low-margin projects in Q4 (more aggressive competition), pipeline stays solid driven by modernization, sustainability and e-mobility ■ Solid revenue growth with new quarterly record in Q4, service share >30% ■ EBIT margin improvement reflects value before volume strategy, service strength and strong project execution - Q4 margin impacted by higher costs for a single project www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 2023 ■ New record order intake driven by all regions except North America: book-to bill at 1.17 ■ Sales revenues up 4.7%; service revenues clearly outgrew equipment revenues ▪ EBIT margin before extraordinary effects improved strongly to 9.9%; almost at mid-cycle target of at least 10% and close to levels before the Corona pandemic 1 annualized 78#792023 reporting Clean Technology Systems & Industrial Automation Systems Clean Technology Systems DÜRR GROUP. Industrial Automation Systems² 2023 2022 A 2023 2022 Δ 480.4 587.1 -18.2% Order intake in Єm 583.8 562.1 3.9% 481.2 456.1 5.5% Sales revenues in Єm 590.7 447.9 31.9% SSCHENCK 25.3 5.8 > 100% EBIT in €m 11.3 20.0 -43.6% 5.3 1.3 +4.0 ppts. EBIT margin in % 1.9 4.5 -2.6 ppts. EBIT before extraordinary 30.3 11.4 >100% effects in Єm 29.5 18.6 59.2% 6.3 2.5 +3.8 ppts. EBIT margin before extraordinary effects in % 5.0 4.1 +0.9 ppts. 51.9 9.0 +42.9 ppts. ROCE¹ in % 1.3 5.6 -4.2 ppts. Order intake at €480 m; prior year (€587 m) included two large single orders for solvent recovery; strong order momentum in the Americas; order delays in battery and chemical industry ■ Revenue growth driven by North America and Germany; service growth slower but higher margins ■ Significant margin and ROCE improvement driven by strong market environment in North America, successful compensation of cost inflation and strong project execution www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 2023 SCHENCK ■ Order intake driven by consolidation of BBS Automation; customers value formation of new supplier with critical mass for large projects; solid filling business ■ Strong sales growth due to improved supply chain and consolidation of BBS Automation ■ EBIT margin reflects a mix of stronger margins at Measuring and Process Systems as well as BBS Automation but lower margin legacy orders mainly at Teamtechnik 1 annualized, 2 BBS Automation consolidated starting August 31, 2023 79#802023 reporting Woodworking Machinery and Systems & Dürr Group service business DÜRR GROUP. Woodworking Machinery and Systems Service business Dürr Group (included in divisions) 2023 2022 A 2023 A 1,395.5 1,705.8 -18.2% Order intake in Єm 18% 1,625.1 1,602.1 1.4% Sales revenues in Єm 1,307 7.3% A 44% 71.1 107.5 -33.9% EBIT in €m 39% 4.4 6.7 -2.3 ppts. EBIT margin in % 129.7 124.8 3.9% 8.0 7.8 +0.2 ppts. 16.0 25.5 -9.5 ppts. ■ Order intake declined by 18.2 % yoy - strong Q4 driven by two large single orders from China and Spain - not a trend change, market recovery still expected for end of 2024 ■ Sales slightly above prior year driven by working off high order backlog ▪ EBIT margin before extraordinary effects improved, driven by efficiency improvements, cost savings and price increases that overcompensated inflationary effects; 9.1% reached in Q4 EBIT before extraordinary effects in €m EBIT margin before extraordinary effects in % www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 ROCE¹ in % 2023 Modifications Spare parts Service share: 28.3% Other services (e.g., maintenance, assessments) Service share on prior year's level despite market downturn at HOMAG ■ Service margin further improved 1 annualized 80#81Net working capital well managed Only €23 m operational increase - majority added by BBS Automation acquisition DÜRR GROUP. in € m 38 37 36 36 35 34 DWC NWC Key aspects 48 ☐ Successful inventory reduction 42 Reduced prepayment levels almost compensated ■ DWC at lower end of target range in € m 12/31/2023 12/31/2022 581 545 417 421 416 407 403 367 Inventories and prepayments 781.4 852.5 + Total trade receivables 632.5 594.2 + Total contract assets 674.1 617.0 Trade payables (incl. liabilities from 603.7 606.2 - notes payable) Total contract liabilities 939.2 1,041.7 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 = Net working capital 545.3 415.9 2022 2023 DWC 42.4 34.7 www.durr-group.com NWC management important contributor to FCF © Dürr AG, CCI, Investor Relations Presentation, May 2024 81#82Net debt within target range Leverage with 1.6x well below 2x net debt / EBITDA DÜRR GROUP. in € m - Gearing Net financial status Key aspects ☐ Strong FCF generation 33% 31% 1% 10% 5% 4% 10% 0% -11 -4 Acquisitions of BBS Automation and Ingecal Net debt includes € 118.1 m leasing liabilities -55 -46 -116 -120 in € m 12/31/2023 12/31/2022 Total liquidity 1,037.2 866.1 -517 -583 - Gross debt -1,553.8 -912.5 = Net financial status -516.6 -46.4 EBITDA 322.2 337.5 Net financial debt / EBITDA 1.6 0.1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2022 2023 Balance sheet remains solid after acquisitions www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 82#83Cash conversion gains importance Cash conversion to reflect disciplined cash management going forward FCF (in Єm) 130 111 121 117 129 78 45 14 Key aspects ■ Improve earnings quality ■ Stabilization and improvement of NWC DÜRR GROUP. ■ HOMAG capex program temporarily drives higher cash outflow in 2023/24 2016 2017 2018 2019 2020 2021 2022 2023 Cash conversion (FCF/net income in %) 152.5 145.5 117.3 71.4 36.2 87.2 Target: > 80% 49.9 7.4 2016 2017 2018 2019 20201 2021 2022 2023 2025 2030 1 Net income adjusted by €88.4 m (extraordinary effects in 2020) Target 80% cash conversion beyond 2025 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 83#84The Dürr Group is a low capex company Temporary increase due to HOMAG capex program Capex (in Єm) 157 139 82 88 103 108 74 76 2016 2017 2018 2019 2020 2021 2022 2023 Key aspects DÜRR GROUP. ■ €200 m HOMAG capex program started in 2022 and lasting until 2024 ■ Restrict capex to less than 3% of sales after 2025 Capex to sales (in %) Target 2024 3% -4% 3.0 3.2 3.4 Target: <3% 2.3 2.4 2.6 2.3 1.9 2016 2017 2018 2019 2020 2021 2022 2023 2025 2030 Limited capex to drive solid cash conversion www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 84#85Net Working Capital management BBS Automation acquisition adds to NWC - operational improvements visible NWC (in Єm) Key aspects Balancing of DSO & DPO DÜRR GROUP. Balancing WIP, contract assets and contract liabilities 503 545* 441 374 383 428 416 ■ Inventory optimization 194 2016 2017 2018 2019 2020 2021 2022 2023 DWC (days) *Includes effects from the consolidation of BBS Automation Target: 40d 50d 46.1 41.1 41.0 44.0 42.4 36.2 34.7 27.2 Evaluating potentials 2016 2017 2018 2019 2020 2021 2022 2023 2025 2030 Focus on further inventory reduction and disciplined NWC management www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 85#86Financial policy Resilient business strong focus on solid balance sheet and cash flow - DÜRR GROUP. Resilient business ■ Long-term growth drivers: Sustainability, e-mobility, automation ■ Market leader in core markets with high service share ■ Leader in product innovation and resource efficiency of products Strategy to grow profitably (> €6 bn by 2030) and further diversify end markets: automotive, furniture, house building, industrial automation, medtech ■ Global footprint with local value chains close to the customers Solid balance sheet and cash flow ■ Close management of NWC: Target 40 to 50 DWC ■ Target leverage (net debt / EBITDA) of <2, in-line with investment-grade metrics ■ In case of a larger M&A transaction, commitment to return quickly to target leverage ESG ■ Climate strategy in-line with 1.5°C goal, verified by SBTi¹ ■ Comprehensive risk management based on TCFD2 recommendations ■ Close monitoring of cyber risks - continuous protective actions ■ Focus on employee development and protection (Health & Safety) ■ Well defined governance framework 1 Science Based Target initiative; 2 Taskforce for Climate related Financial Disclosure We are committed to maintain investment grade credit metrics www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 86#87Comfortable liquidity and maturity profile in €bn in €m Maturity profile DÜRR GROUP. 2.0 1.78 500 1.5 400 0.74 300 1.0 200 0.5 1.04 100 0.30 0.11 0.0 0 Available funds Financial liabilities 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 < 12 months Cash credit facilities Cash and cash equivalents Bridge financing¹ Schuldschein loans² Without leasing liabilities or accrued interest Bridge financing¹ Convertible Schuldschein loans² 1 €300 m syndicated loan to finance acquisition of BBS Automation, maturity of 12 months, can be extended by another 12 months 2 2024 maturity includes €30 m Schuldschein loan that was already repaid in January Credit facilities unutilized: €750 m maturing in 2028 Other financial liabilities (incl. real estate linked financing Teamtechnik, BBS debt) not included Planning to refinance bridge loan with long term debt www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 87#88Indebtedness and leverage Net debt increase due to acquisition of BBS Automation - Leverage in target range leasing liabilities net debt before leasing (in €m) 517 118 399 49 98 96 4 100 46 95 -49 -48 2020 2021 2022 20231 ― leverage (Net debt / LTM EBITDA) Key aspects ■ Focus on deleveraging going forward ■ Review of business portfolio Very small pension liabilities (€40 m) Target: <2x 1.6 0.4 0.3. 2020 2021 0.1 2022 20231 Conservative approach to leverage www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 2025 2030 1 incl. acquisition of BBS Automation 88#897 OUTLOOK EcoPrint DURR#90Outlook: Guidance 2024 Potential for further sales growth in 2024 - manage cyclical downturn at HOMAG Incoming orders in € m Sales revenues in € m EBIT margin before extraordinary effects in % EBIT margin in % ROCE in % Earnings after taxes in € m Actual 2023 4,616 4,627 6.1 4.1 11.2 110 129 -517 3.4 DÜRR GROUP. Targets 2024 4,600-5,000 4,700 - 5,000 4.5-6.0 3.5-5.0 9-14 90-150 0-50 Free cash flow in € m Net financial status in € m (12/31) Capital expenditure² in % of sales revenue -500--5501 3.0-4.0 Guidance assumes that wars in the Ukraine and Gaza remain limited to the respective local region and that there are no new global conflicts arising that could significantly impact global growth ■ Potential for further margin increases in all divisions except HOMAG Lower FCF guidance mainly reflects cash-out for HOMAG restructuring 1 adjusted on April 25, 2024 to reflect the disposal of Agramkow, previously €-540 to -590 million 2 excluding acquisitions Focus on stabilizing margins and cashflow www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 90#91Order intake (in € m) Outlook: Breakdown of 2024 guidance by division Sales revenues (in € m) DÜRR GROUP. EBIT margin (in %) before e.e.* 2023 Targets 2024 2023 Targets 2024 2023 Targets 2024 Paint and Final Assembly Systems 1,476 1,450 - 1,600 1,364 1,400 1,500 5.1 6.0 7.0 Application Technology 720 600-650 614 620-670 9.9 9.5-10.5 Clean Technology Systems 480 530-580 481 510-550 6.3 6.0 7.0 Industrial Automation Systems 584 800-900 591 820-920 5.0 7.0-8.0 Woodworking Machinery and Systems 1.395 1,200 - 1,400 1,625 1,350-1,450 8.0 2.0 4.0 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 * before extraordinary effects 91#92Dürr Group: Key take-aways Diversified equipment supplier with leading positions in global niche markets ■ Balanced portfolio: Automotive, woodworking, automation and environmental technology ■ Industry leader in innovation and digitalization ■ Strong project execution and shopfloor know-how Significant potential for profitable growth supported by global megatrends ■ Solid financial position and strong ROCE potential EcoProBooth DURR DURA Leading production efficiency for profitable growth www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 92#93APPENDIX =A1+ST01 BG01 00 24 =A1+ST01 BG01 00 25 礻 C SCHUNK 11 07 02 0 011_07_02_03-001#94Financial calendar May 2024 June 2024 ■ 05/14/2024 ■ 05/16/2024 ■ 05/17/2024 Interim statement for the first quarter of 2024 Annual General Meeting HOMAG Group Annual General Meeting Dürr Group ■ 06/20/2024 September 2024 Sustainability Report 2024 September 2024 DÜRR GROUP. ■ 09/04/2024 Commerzbank & ODDO BHF Corporate ■ 09/24/2024 Baader Investment Conference, Munich Conference, Frankfurt ■ 09/25/2024 ■ 09/05/2024 ■ 09/10/2024 Morgan Stanley Industrials CEO Conference, London UBS Quo Vadis Industrials Event, virtual Berenberg and Goldman Sachs German Corporate Conference, Munich Access our financial Dürr Corporate Communications & Investor Relations contact Andreas Schaller [email protected] +49 7142 78-1785 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 calendar on our website Mathias Christen [email protected] +49 7142 78-1381 Christoph Staib [email protected] +49 7142 78-5251 94#95New divisional setup Five divisions with improved profiles DÜRR GROUP. Paint and Final Assembly Systems ■ Paint shops ■ Final assembly systems ■ Testing technology ■Filling technology € 1.4 billion 4,772 DÜRR Application Technology ■ Paint application technology ■ Gluing and seam sealing technology ■ Products for industrial painting €0.6 billion 2,084 DÜRR Clean Technology Systems ■ Air pollution control systems ■ Noise abatement systems ■ Coating lines for battery electrodes ■ Systems for solvent recovery € 0.5 billion 1,525 DÜRR Industrial Automation Systems ■ Balancing technology Tooling systems ■Filling technology appliances ■ Production automation for automotive, medical, consumer products € 0.6 billion 4,240 SCHENCK team technik PRODUCTION TECHNOLOGY Woodworking Machinery and Systems ■ Machinery and plant for woodworking 1.6 billion 7,348 BOBOS HC HOMAG AUTOMATION Employees 2023 Sales 2023 HEKUMA Sales revenues of close to €5 billion with more than 20,500 employees worldwide www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 95#96Paint and Final Assembly Systems (PFS) Enabling efficient painting and final assembly of cars and trucks 002 DÜRR GROUP. Customers Products Order types Success factors @ Dürr Group Characteristics Automotive OEMs and new EV start-ups Turn-key paint shops (75% of revenue) Final assembly technology (e.g. marriage) Big ticket greenfield projects > €80 m Brownfield upgrades Leading technology & shopfloor competence Best in class order execution Strong consulting and services Existing localization of supply chain / production New EV-players, aging installed base Brownfield upgrade to more efficient technologies Market potential Business type Plant engineering and consulting Strategy Defend market share and improve margins Attractiveness Asset light -> high ROCE potential Strong market share in a business with high ROCE potential www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 96#97Application Technology (APT) High-end robotics meets perfect application solutions DÜRR GROUP. Customers Products Order types Success factors @ Dürr Group Market potential Business type Strategy Attractiveness Characteristics ■ 90% of business with automotive OEMs and new EV- startups ■ General Industry (industrial painting) ■ Robots for painting, sealing and gluing Greenfield and brownfield projects (€10-30 m) Upgrades and replacement ■ Efficient application solutions (50% market share) High availability supported by digital & Al ■ Innovation leader (e.g., overspray-free application) ■ New EV-players, brownfield upgrades ■ Robot replacement cycle has begun Strong service business ■ Mechanical engineering and component business ■ Defend market share and improve margins Technology driven high margin business High market entry barriers High margin potential due to leading technology and resource efficiency www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 97#98Clean Technology Systems (CTS) For the world of tomorrow: clean air, less noise, more e-drives DÜRR GROUP. Customers Products Order types Success factors @ Dürr Group Market potential Characteristics 80% general industry (mining, printing, chemistry, pharmaceuticals, woodworking), 20% automotive Air pollution control and noise abatement systems ■ Coating lines for battery electrodes ■ Projects, both greenfield and upgrades ■ Market position push due to Megtec/Universal ■ Simultaneous two-side electrode coating Strong position in battery coating systems business thanks to Techno-Smart cooperation Tightening emission regulations Ramp-up of battery production capacities Business type Strategy ■ Plant engineering and component business ■ Grow market share, realize synergies Attractiveness ■ Asset light with growth and return potential Supplying essential technologies to lower emissions and build batteries www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 98#99Industrial Automation Systems (IAS) - 1/2 Automation expertise in e-mobility and medical technology DÜRR GROUP. Customers Products Order types Success factors @ Dürr Group Market potential Strategy Attractiveness Characteristics ■ Automotive OEMs and suppliers; medical industry Testing technology for electric and hybrid drives Assembly and functional testing equipment for of battery modules and packs ■ Production and testing equipment for medical devices like injection systems and contact lenses ■ Greenfield & automation projects (~ up to €10 m) ▪ Leading technology & automation competence ■ Product platform allows for scale of business Reputation is key in medtech Dürr's OEM access as boost for e-drive business Strong growth for both e-mobility and medical devices markets expected ■ Grow market position in growing markets ■ New businesses as platforms for growth Growth potential in med tech and e-mobility markets www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 99#100Industrial Automation Systems (IAS) - 2/2 World market leadership in balancing machinery niche DÜRR GROUP. Customers Products Order types Success factors @ Dürr Group Market potential SCHE Business type Strategy Attractiveness Characteristics ■ Automotive, aviation, turbines, general industry Balancing and diagnostic systems ■ Filling technology, e.g., for household appliances Tooling systems ■ Single machine business Leading technology with 45% market share More than 100 years expertise in balancing Cutting-edge digital solution for production control Localization of aircraft production & maintenance Balancing of EV-engines Strong service potential ■ Mechanical engineering / instrument business Differentiate through software and digitalization High margin potential High quality balancing from small rotors to large power plant turbines www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 100#101Woodworking Machinery and Systems (WMS) World leading equipment for efficient furniture production DÜRR GROUP. Customers Products Order types Success factors @ Dürr Group Market potential Business type Strategy Attractiveness Characteristics Furniture industry, construction supplies, timber processing and timber home construction ■ Full range from stand-alone machines through to automated production lines & complete factories Turnkey projects and single machine Strong footprint in China, USA and Europe Superior automation and digitalization know-how Individualization (batch-one production) Digitalization (from smart assistants to fully automated production) ■ Consolidation (demand for large systems) ■ Sustainable timer construction industry growth Mechanical and plant engineering ■ Realize margin potentials, grow market share, build-up timber construction industry business Strong margin potential (9% EBIT in 2023) Benefitting from global demand growth for furniture and housing www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 101#102Service and replacement cycle Increasing number of robots reaching their average lifetime Service type in % of revenues 2023 18% DÜRR GROUP. Number of paint robots sold (cumulative figure) 18,000 16,000 38% 14,000 44% 12,000 10,000 8,000 6,000 4,000 2,000 Spare parts Modifications Other services (e.g. maintenance, assessments) www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 2000 2001 2002 2003 2004 2005 Paint robot lifetime: ~ 15 years 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 102#103Market share Dürr Group / competitors¹ Dürr is the market leader in its niche markets Paint and Final Assembly Systems Paint Next Assembly Application Technology Clean Technology Systems DÜRR GROUP. Market share Dürr Group Competitors 35-45% 15-25% SCIVIC Engineering Corp. (AE), Geico, Wenker SCIVIC Engineering Corp. (AE), Rofa, MMI Planning & Engineering Institute 45-55% Fanuc, ABB, Yaskawa Electric Cooperation 20-30% John Zink Hamworthy Combustion, CECO, Anguil Environmental Systems Industrial Automation Systems Measuring and Process Systems Production Automation Systems 40-50% 0-10% Woodworking Machinery and Systems CEMB / Hofmann Maschinen- und Anlagenbau, Hofmann Mess-/Auswuchttechnik, Ascential Tech. ATS Automation, PIA Automation, Hahn Automation Furniture 25-35% Biesse Group SpA, SCM Group SpA, ISG (IMA/ Schelling) Wooden house construction 15-25% Michael Weinig AG, Hans Hundegger, Ledinek 1 own estimates www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 103#104Value management Comprehensive view of top- and bottom-line, cash flow and return Key figures in €m FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 Incoming orders DÜRR GROUP. The most important performance indicators at Dürr Incoming orders 3,803.0 3,930.9 4,076.5 3,283.2 4,291.0 5,008.4 4,615.5 ■ Sales ■ EBIT Sales revenues 3,713.2 3,869.8 3,921.5 3,324.8 3,536.7 4,314.1 4,627.3 EBIT Operating cash flow 287.0 233.5 195.9 11.1 175.7 205.9 191.4 119.8 162.3 171.9 215.0 257.0 264.7 287.5 Free cash flow 14.3 78.4 44.9 110.7 120.8 117.1 129.3 ROCE in % 38.6 24.0 16.9 1.1 15.5 17.3 11.2 Dürr Group Value Added (DGVA) 142.7 76.0 39.4 -66.0 38.8 18.3 -35.3 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 ■ ROCE (EBIT/Capital employed) ■Cash flow from operating activities ■ Free cash flow ■ Dürr Group Value Added (DGVA) Also, non-financial performance indicators pursued, e.g., Employee and customer satisfaction Training/education Ecology/sustainability ■ R&D/innovation 104#105IAS APT PFS Overview: Financial figures by division (1/2) 2023 2022 2021 Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Incoming orders in Єm 606.6 400.9 258.7 209.9 1,476.0 426.6 317.8 481.9 328.0 1,554.4 284.8 321.0 225.6 390.1 1,221.5 Sales revenues in €m 267.6 317.0 351.0 Order backlog in Єm 1,994.5 2,068.8 1,982.1 428.0 1,363.6 1,739.6 EBIT in Єm 12.4 16.4 21.7 16.8 67.4 232.6 1,624.5 8.1 288.4 331.9 413.6 1,266.5 233.0 216.5 228.0 304.0 981.6 1,673.1 1,849.6 1,659.0 1,348.3 1,454.8 1,321.7 1,407.5 1.0 12.7 30.1 51.8 5.7 4.8 9.7 14.4 34.7 EBIT before extraordinary effects in € 13.0 15.4 21.8 18.8 69.0 8.7 1.7 13.2 32.3 55.9 6.3 9.2 9.9 14.8 40.2 Employees 4,621 4,700 4,799 4,772 4,389 4,437 4,469 4,555 4,277 4,262 4,310 4,387 Incoming orders in Єm 227.2 175.5 148.6 168.5 719.8 167.8 150.9 197.8 137.7 654.0 129.4 123.1 153.6 129.3 535.3 Sales revenues in Єm 141.8 156.0 151.4 164.8 614.0 122.9 141.3 155.2 167.3 586.6 106.9 112.2 133.9 118.1 471.1 Order backlog in Єm 566.4 581.6 583.2 580.6 465.8 479.7 527.7 482.0 381.0 392.4 401.0 415.4 EBIT in Єm 9.8 12.1 16.5 21.6 60.0 9.6 9.3 12.5 17.5 48.9 6.3 7.6 12.3 15.0 41.2 EBIT before extraordinary effects in € 9.8 12.5 16.6 21.7 60.6 9.5 9.2 12.6 17.5 48.8 6.5 7.6 12.5 14.7 41.3 Employees 2,071 2,105 2,096 2,084 1,984 1,981 2,026 2,040 2,070 2,025 2,024 2,026 Incoming orders in Єm 158.4 114.6 93.0 114.4 480.4 112.2 126.1 116.6 232.2 587.1 101.7 106.3 133.6 108.0 449.6 Sales revenues in Єm 100.8 123.7 124.3 132.5 481.2 95.8 116.5 117.6 126.2 456.1 81.2 91.3 99.0 116.8 388.3 Order backlog in €m 490.5 478.5 452.8 440.1 326.3 341.9 346.8 436.8 267.0 281.9 310.7 305.5 EBIT in Єm 1.2 7.1 9.3 7.7 25.3 -1.2 2.1 1.6 3.3 5.8 1.5 2.6 2.5 2.7 9.2 EBIT before extraordinary effects in € 2.2 8.1 10.3 9.8 30.3 0.2 3.5 3.0 4.7 11.4 2.7 4.7 4.7 4.4 16.5 Employees 1,410 1,411 1,439 1,525 1,410 1,413 1,414 1,363 1,355 1,373 1,355 1,381 Incoming orders in €m 134.7 120.3 131.3 197.5 583.8 135.1 171.3 145.8 109.9 562.1 83.1 107.8 99.4 119.3 409.6 Sales revenues in Єm 113.2 121.9 142.7 212.9 590.7 98.1 101.2 114.8 133.9 447.9 73.8 88.9 96.8 108.0 367.5 Order backlog in €m 376.4 327.8 625.3 615.2 284.3 358.6 392.6 356.5 194.6 215.3 233.8 245.7 EBIT in Єm -2.5 5.8 5.4 2.5 11.3 9.2 -1.4 5.7 6.4 20.0 1.9 2.8 3.5 10.2 18.4 EBIT before extraordinary effects in € Employees -1.6 6.7 9.4 15.1 29.5 4.0 -0.2 7.4 7.3 18.6 2.7 3.9 4.0 9.2 19.8 2,571 2,590 4,254 4,240 2,543 2,549 2,597 2,591 2,367 2,367 2,569 2,523 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 105 DÜRR GROUP.#106Group CC / Cons. WMS Overview: Financial figures by division (2/2) DÜRR GROUP. Q1 Q2 2023 Q3 Q4 Total Q1 Q2 2022 Q3 2021 Q4 Total Q1 Q2 Q3 Q4 Total Incoming orders in €m 352.6 318.8 296.6 427.4 1,395.5 573.8 457.0 386.8 288.2 1,705.8 440.1 432.3 495.0 345.4 1,712.8 Sales revenues in €m 403.8 412.9 405.5 402.8 1,625.1 366.8 414.7 413.4 407.2 1,602.1 302.6 344.1 353.3 366.4 1,366.4 Order backlog in €m 1,035.7 930.4 832.4 840.7 1,212.6 1,269.5 1,256.2 1,101.7 715.7 838.6 1,002.5 995.9 EBIT in Єm 25.3 27.8 31.5 -13.4 71.1 22.8 27.8 29.6 27.3 107.5 11.2 22.7 23.2 19.5 76.6 EBIT before extraordinary effects in € 27.0 29.7 36.4 36.5 129.7 26.8 31.7 33.8 32.3 124.8 13.5 26.8 26.8 24.9 92.0 Employees 7,570 7,576 7,482 7,348 7,274 7,333 7,462 7,525 6,634 6,800 7,001 7,164 Incoming orders in Єm -14.8 -7.8 -6.3 -11.2 -40.1 -14.9 -14.3 -9.5 -16.4 -55.0 -6.9 -11.9 -12.0 -7.0 -37.8 Sales revenues in Єm -12.5 -11.3 -10.7 -12.8 -47.3 -10.5 -13.1 -9.4 -12.3 -45.2 -7.8 -10.0 -10.1 -10.3 -38.2 Order backlog in Єm -24.3 -21.1 -16.3 -15.0 -16.5 -17.7 -17.6 -22.0 -3.8 -8.0 -11.1 -9.0 EBIT in Єm -8.5 -15.1 -13.1 -6.9 -43.6 -4.9 -5.7 -6.7 -10.7 -28.0 -2.5 -2.6 -0.3 1.0 -4.4 EBIT before extraordinary effects in € -8.4 -9.8 -12.2 -8.3 -38.8 -4.7 -5.6 -6.5 -10.5 -27.3 -2.5 -2.6 -0.3 -5.3 -10.7 Employees 503 530 594 628 326 413 419 440 281 286 301 321 Incoming orders in Єm 1,464.7 Sales revenues in €m 1,014.7 Order backlog in Єm 4,439.2 1,122.4 921.9 1,120.2 1,164.3 4,410.9 4,459.4 1,106.4 4,615.5 1,328.2 4,627.3 4,201.2 EBIT in €m 37.7 54.0 EBIT before extraordinary effects in € Employees 42.0 62.5 18,746 18,912 71.4 82.3 20,664 32.4 97.6 20,597 191.4 280.4 1,400.5 1,208.9 905.7 1,048.9 3,897.2 43.7 4,105.1 1,319.4 1,123.5 1,236.0 4,355.2 4,014.0 1,079.7 5,008.4 4,314.1 33.0 55.4 44.6 40.4 63.4 17,926 18,126 18,387 73.8 83.7 18,514 205.9 232.2 1,032.2 1,078.7 789.8 843.0 2,902.7 3,175.1 24.1 37.9 1,095.1 900.8 3,258.7 51.0 1,085.1 4,291.0 1,003.0 3,536.7 3,361.0 62.8 175.7 29.2 49.6 57.7 62.6 199.1 16,984 17,114 17,560 17,802 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 106#107Overview: Extraordinary effects in €m DÜRR GROUP. Q1 Q2 22 2023 2022 2021 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total PFS -0.6 1.0 -0.1 -2.0 -1.7 -0.6 -0.7 -0.5 -2.3 -4.1 -0.6 -4.4 -0.2 -0.3 -5.5 thereof PPA -0.6 -0.6 -0.6 -0.5 -2.3 -0.6 -0.6 -0.6 -0.6 -2.4 -0.6 -0.6 -0.6 -0.6 -2.4 APT -0.1 -0.4 -0.1 -0.1 -0.6 0.1 0.1 -0.1 -0.1 0.0 -0.2 0.1 -0.2 0.2 -0.1 thereof PPA -0.1 -0.1 -0.1 -0.1 -0.2 -0.1 -0.1 -0.1 -0.1 -0.2 -0.1 -0.1 -0.1 -0.1 -0.3 CTS -1.0 -1.0 -0.9 -2.0 -5.0 -1.4 -1.4 -1.4 -1.4 -5.6 -1.3 -2.2 -2.2 -1.7 -7.3 thereof PPA -1.0 -1.0 -1.0 -0.9 -3.8 -1.1 -1.2 -1.2 -1.1 -4.6 -1.2 -1.2 -1.2 -1.1 -4.7 IAS -0.9 -0.9 -4.0 -12.5 -18.3 5.2 -1.2 -1.6 -1.0 1.4 -0.8 -1.1 -0.5 1.0 -1.3 thereof PPA -0.9 -0.9 -3.2 -8.8 -13.7 0.3 -1.2 -1.6 -0.9 -3.4 -0.6 -0.7 -0.6 0.9 -1.0 WMS -1.7 -2.0 -4.9 -50.0 -58.6 -4.0 -3.9 -4.2 -5.1 -17.3 -2.4 -4.1 -3.6 -5.4 -15.4 thereof PPA -1.6 -1.5 -1.5 -1.5 -6.1 -3.7 -3.7 -3.7 -2.2 -13.3 -3.3 -3.4 -3.4 -3.8 -13.9 CC -0.1 -5.3 -0.8 1.4 -4.8 -0.2 -0.2 -0.2 -0.2 -0.7 0.0 0.0 0.0 6.3 6.3 thereof PPA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total -4.3 -8.5 -10.9 -65.2 -89.0 -0.9 -7.4 -8.0 -9.9 -26.3 -5.2 -11.7 -6.7 0.1 -23.5 thereof PPA -4.1 -4.1 -6.3 -11.8 -26.2 -5.1 -6.7 -7.2 -4.9 -23.9 -5.9 -5.9 -5.8 -4.6 -22.2 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 107#108Financials: Overview of key financial indicators DÜRR GROUP. 2023 2022 A Q4 2023 Q4 2022 A Sales revenues in Єm 4,627.3 4,314.1 7.3% 1,328.2 1,236.0 7.5% Gross profit on sales in Єm 1,005.1 938.7 7.1% 246.6 259.8 -5.1% Gross margin in % 21.7 21.8 -0.0 ppts. 18.6 21.0 -2.5 ppts. EBITDA in Єm 322.2 337.5 -4.5% 67.5 109.1 -38.2% EBIT in Єm 191.4 205.9 -7.0% 28.4 73.8 -61.6% EBIT margin in % 4.1 4.8 -0.6 ppts. 2.1 6.0 -3.8 ppts. EBIT before extraordinary effects in Єm 280.4 232.2 20.8% 93.6 83.7 11.8% EBIT margin before extraordinary effects in % 6.1 5.4 +0.7 ppts. 7.0 6.8 +0.3 ppts. Net income in Єm 110.2 134.3 -17.9% 4.9 56.2 -91.3% ROCE¹ in % 11.2 17.3 -6.2 ppts. 6.6 24.8 -18.2 ppts. Free cash flow in Єm 129.3 117.1 10.4% 121.0 47.9 > 100% Net financial status in €m Employees -516.6 20,597 -46.4 18,514 > -100% -516.6 -46.4 > -100% 11.3% 20,597 18,514 11.3% 1 annualized Solid top-line growth - net income impacted by special effects – strong FCF - increased leverage www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 108#109P&L in detail DÜRR GROUP. in € m Sales revenues Cost of sales Gross profit on sales 2023 2022 A Q4 2023 Q4 2022 A 4,627.3 4,314.1 7.3% 1,328.2 1,236.0 7.5% -3,622.2 -3,375.3 7.3% -1,081.6 -976.2 10.8% 1,005.1 938.7 7.1% 246.6 259.8 -5.1% Selling expenses -412.1 -382.6 7.7% -107.7 -96.5 11.6% General administrative expenses -246.4 -217.7 13.2% -70.6 -57.9 21.9% Research and development costs -151.4 -136.5 10.9% -41.9 -35.3 18.6% Other operating income 51.6 48.9 5.6% 11.3 7.7 46.3% Other operating expenses -55.4 -45.0 23.1% -9.3 -3.9 140.8% Earnings before investment income, interest and income taxes 191.4 205.9 -7.0% 28.4 73.8 -61.6% Investment income 4.6 1.3 243.2% 3.8 1.6 142.9% Interest and similar income 33.1 11.5 188.1% 9.1 7.0 29.2% Interest and similar expenses -57.9 -30.6 -89.0% -21.8 -10.5 -108.1% Earnings before income taxes Income taxes Profit/loss of the Dürr Group Attributable to: Non-controlling interests Shareholders of Dürr Aktiengesellschaft Number of shares issued in thousands Earnings per share in € (basic) 171.3 188.1 -9.0% 19.4 71.9 -73.0% -61.1 -53.9 -13.4% -14.5 -15.8 8.0% 110.2 134.3 -17.9% 4.9 56.2 -91.3% -1.8 3.2 0.0 2.4 112.0 131.0 -14.5% 4.9 53.8 -90.8% 69,202.1 1.62 69,202.1 69,202.1 69,202.1 1.89 -14.3% 0.07 0.65 -89.2% Earnings per share in € (diluted) 1.55 1.81 -14.4% 0.07 0.63 -88.9% www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 109#110Revenues with new quarterly record in Q4 Annual growth of 7.3% in line with strategic target Sales revenues in € m Key aspects +7.5% +14.1% ☐ 1,236 1,049 1,124 1,328 1,120 1,164 906 1,015 DÜRR GROUP. Strong operational finish in Q4 BBS Automation contributes ~ € 80 m in Q4 Americas and Europe gain share Sales per region 2023 (y-o-y pp.) -6 pp. +1 pp. Germany 16% 16% 0 pp. 8% 29% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 31% +3 pp. +1 pp. 2022: € 4,314 m 2023: € 4,627 m (+7.3%) New sales revenues record achieved in 2023 www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 Europe (w/o Germany) Americas Asia (w/o China), Africa, Australia China 110#111Key figures sustainability Energy consumption and CO2 emission ratio clearly reduced Energy consumption 2023 2022 2021 in MWh / €m sales revenues 29.1 31.7 36.1 Water consumption¹ in m³/ €m sales revenues 39.2 44.5 49.6 Greenhouse gas emissions (Scope 1+2)2 in t of CO2 equivalents / €m sales revenues 5.5 8.1 13.7 1 Water consumption for BBS Automation was not recorded for 2023. 22022 figure was adjusted retrospectively Relatively low ecological footprint of own operations due to focus on assembly processes ■ Dürr Group headquarter is a show case for energy efficiency ■ New energy efficient campus buildings in US & China ■ Measures implemented in all regions to reduce ecological footprint www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 111#112Key data of the share میرا WKN/ISIN: 556 520 / DE0005565204 Bloomberg / Reuters: Due/dueg Class of shares: Common bearer shares Index category: e.g., SDAX (Performance), CDAX (Performance), FAZ Index Trading centers / stock exchange: Stuttgart (regulated market), Frankfurt (regulated market), several open markets Capital stock: €177.2 m Number of shares: 69,202,080 Market capitalization as of 05/02/2024: €1.62 bn www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. 112#113Shareholder structure Free float at 70.3% 1 70.3% www.durr-group.com 26.2% 3.5% © Dürr AG, CCI, Investor Relations Presentation, May 2024 DÜRR GROUP. Heinz Dürr GmbH, Berlin Heinz und Heide Dürr Stiftung, Berlin Institutional and private investors, including ■ Candriam: 3.05% ■ Harris Associates: 3.02% ■ Members of the Dürr AG Supervisory Board: 0.12% ■ Members of the Dürr AG Board of Management: 0.07% 1 Free float calculated according to Deutsche Börse AG 2 According to the relevant laws 113#114Share price development DÜRR GROUP. SHARE PRICE HISTORY 1,500 1,400 Dürr indexed DAX indexed 1,300 -MDAX indexed 1,200 -SDAX indexed 1,100 1,000 900 800 700 600 500 400 300 200 100 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 ■ Remarkable 2011-2014 outperformance as Dürr benefited from China boom due to its strong emerging markets presence ■ HOMAG takeover in 2014 drove Dürr share due to high demand environment ■ Value driver: digitalization and HOMAG boosted outperformance of Dürr share until end of 2017 2020: Covid-19 impact but recovery with new guidance & announced measures ■ 2021: continued recovery; share price rally after H1 figures and lifted guidance ■2022: Capital goods sell-off in spring due to war in Ukraine, tightened supply chain and cost increase; recovery in H2 driven by strong automotive demand ■2023: Dürr share affected by the global economic downturn, especially in the market for woodworking machinery www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 114#115Dividend policy Target payout ratio between 30% and 40% Dividend policy: 30-40% payout ratio DÜRR GROUP. Payout ratio Dividend paid € % 1.50 60 1.05 1.10 0.93 1.00 1.00 .0.83. '0.73' 0.80 40 0.70 0.57 0.50 0.50 0.30 0.30 20 0.08 0.00 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 in € 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Earnings per share (diluted) 0.10 0.90 1.55 2.03 2.17 2.34 2.63 2.78 2.27 1.79 -0.23 1.16 1.81 Dividend per share 0.08 0.30 0.57 0.73 0.83 0.93 1.05 1.10 1.00 0.80 0.30 0.50 0.70 Total payout 5.2 m 20.8 m 38.9 m 50.2 m 57.1 m 64.0 m 72.7 m 76.1 m 69.2 m 55.5 m 20.8 m 34.6 m 48.4 m Payout ratio 32% 32% 35% 38% 38% 38% 39% 38% 42% 43% > 100% 41% 37% www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 115#116Analysts' view As of 05/02/2024 0.0% ☐ 15 equity research analysts cover Dürr 47.0% ☐ Ø target price: €27.37 53.0% ☐ Target price range between €22 and €40 Buy Hold Sell www.durr-group.com © Dürr AG, CCI, Investor Relations Presentation, May 2024 ■ DÜRR GROUP. 100% recommend to buy or hold the Dürr share 116#117IR PRESENTATION Corporate Communications and Investor Relations, Dürr AG May 2024 Bietigheim-Bissingen Dürr Aktiengesellschaft Carl-Benz-Str. 34 74321 Bietigheim-Bissingen Germany +49 7142 78-0 [email protected] www.durr-group.com DÜRR GROUP.