#1MM Group March 2024 (incl. 2023 Annual Results) 1 WWW.MM. GROUP MM#2Think next. MM Leading in Consumer Packaging MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM KOTRAV#31. MM Group MM 3#4Investment Story Market leader in resilient fiber-based consumer packaging Drive efficiency and innovation to increase market share in sustainable folding cartons and papers Diversified market and product portfolio Combine organic growth and acquisitions Adhere to a solid financial policy Long-term orientated core shareholder and management MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 4#5MM Group in facts and figures 2023 MM We are a leading global producer of cartonboard and folding cartons with an attractive offer in uncoated fine and lamination paper. Paper 24% MM Board & Paper Tonnage sold O 1.9 million Cartonboard 76% tonnes cartonboard and paper sold p.a. Premium & Specialities (1) 41 % MM Packaging In % of sales 0 Food 32 % EUR 4.2 billion sales 450 adj. EBITDA (in millions of EUR) 6.5 ROCE ROCE (in %) 71 locations Pharma & Healthcare 27% 15,087 employees worldwide in CDP -Triple A rating for transparency on climate change, forest and water security Disclosure Insight Action 58 % of shares core shareholder families (syndicate) 4.0 billion volume of packaging produced in m² MM Group Investor presentation March 2024 (incl. 2023 Annual Results) (1) Home Care, Personal Care, Beauty, Cigarettes, Luxury, E-commerce and Electronics 5#6Operating as two independent divisions MM Board & Paper sells 84% of cartonboard to external customers. MM Board & Paper sells 1.5 million tonnes of cartonboard MM Packaging buys 0.6 million tonnes of cartonboard, thereof more than one third internally (1) 16% sold to MM Packaging (at arm's length) 36 % MM MM Group Investor presentation March 2024 (incl. 2023 Annual Results) Values 2023 (1) excl. paper, tipping paper, leaflets, liner 6#7International footprint close to our customers MM Board & Paper MM Packaging FollaCell MM Group Investor presentation March 2024 (incl. 2023 Annual Results) Sales by regions Rest of World 12% Americas 9% 0 6 cartonboard and paper mills Europe 79% MM 1 mechanical pulp (CTMP/BCTMP) plant 64 packaging plants 17 sales offices in 15 countries >4,000 customers in more than 140 countries 7#82. MM Group Business Structure WWW.MM. GROUP 8 MM#9Business Structure POL IPACK Recycled fibers ~950,000 t Paper production ~473,000 t Cartonboard production ~1,472,000 t MM -230,000 t internal cartonboard sales Virgin fibers ~800,000 t BOARD & PAPER MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM PACKAGING ~1,240,000 t external cartonboard sales External purchase (Cartonboard -640,000 t) ~3,984 mn m² produced volume Folding Cartons Fitless Food DANGO-HOU MM Premium & Specialities¹) Pharma & Healthcare (1) Home Care, Personal Care, Beauty, Cigarettes, Luxury, E-commerce and Electronics Values 2023 9#10Long-term partnerships with industry leading companies amazon AstraZeneca Boehringer Ingelheim DeLonghi Dr.Oetker DANONE MM FERRERO JTi Kellogg's L'OREAL Lilly + LVMH 3 Mondelez International Nestle P&G pci Ⓡ novo nordisk PHARMA SERVICES as well as numerous other consumer good companies. PHILIPS PHILIP MORRIS INTERNATIONAL reckitt sanofi MM Group Investor presentation March 2024 (incl. 2023 Annual Results) SIEMENS Unilever 10#113. Strategy 11 WWW.MM. GROUP MM#12Think next. Our strategy MM Talent & technology for growth We invest in talent and leading edge technology to drive growth Innovative solutions We create innovative solutions to replace plastic in packaging Expertise & passion We serve our customers' needs with expertise and passion Efficiency of our operations We ensure the best-in- class efficiency of our operations MM Group Investor presentation March 2024 (incl. 2023 Annual Results) 12 12#13We invest in industry leadership - Recent highlights We keep investing in production, sustainability, product innovations and technology to increase our competitive strength and growth abilities. Production Sustainability Product innovations ERSARING MM Technology Modernisation of the cartonboard machines at Frohnleiten, Neuss and Kolicevo Investment in renewable energy and technologies Modernisation of waste water treatment plants to substitute fossil energy with biogas Optimisation of power generation (e.g. H₂ ready) and distribution Plastic substitution with high- quality thermoformed pulp for tailor-made shapes, decorative finishing's and barriers ALASKAⓇ BARRIER GREASE virgin fibre cartonboard that provides the most innovative barrier against grease New digital/flexo press in Bydgoszcz (Poland) combining the efficiency of flexographic printing with the possibilities of individualisation Fully automated warehouse @MMP Romania with use of AGVs to bring pallets to the high-bay warehouse#14Successful transformation MM Focus on our strengths and on what we can influence - pillars MM III =0 ✓ Strengthening of the Management Team - Divisions and Group ✓ Sustainability - MM at the forefront of carbon footprint; replacement of plastic continues Occupational safety increased significantly - occupational accidents (number and severity) considerably further reduced ✓ Innovation significantly strengthened - digital printing at scale, Moulded Pulp, Green Peel ✓ Agile sales organisation - growth of customer base Productivity holistical focus on cost reduction ✓ Investments - in technology and cost leadership (flagships and turnarounds) ✓ Acquisitions enlarging the product range (virgin fibre-based cartonboard, secondary pharma packaging) IT/information management - cloud solution, harmonisation/modernisation, cyber security, integration acquisitions ✓ Collaboration - joint development and innovation projects for customers MMBP and MMP MM Group Investor presentation March 2024 (incl. 2023 Annual Results) 14#15Fit for the future and further growth Overview of the most important goals and challenges in 2024 and beyond Think next. Cash & Profit Protection Programme; working capital reduction and comprehensive cost reduction programme throughout the Group MM Focus on increasing market share and defending profit margin through product innovation and leadership in sustainability Increase of the share of sustainable, renewable energies; enhancing energy efficiency Further growth in Pharma & Healthcare (organic / medium-term through acquisitions) * Continuous structural improvement / optimisation of the asset base Active player in the industry consolidation (Europe/global) Further strengthening of the Management and the Sales teams Talent management - young talent and succession planning ! Headwinds for 2024 results: - Prolonged economic downturn - Margin pressure due to overcapacity in the industry MM Group Investor presentation March 2024 (incl. 2023 Annual Results) 15#16MM SUSTAINABILITY Leading in consumer packaging MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM#17Cartonboard as a renewable and responsible packaging material BISL ON 04 482-41109/3 135 ·ERO968 DL WAR 5808 RECYCLING RATES 82% RECYCLING CYCLES RESPONSIBLE SOURCING 25 100% LE 60095/N WG91 May of all paper and cardboard was recycled in the EU27 in 2020. The highest for any packaging material (1) times, fibre-based material can be recycled, without losing its mechanical or structural integrity (2) 2024 お of all fibre raw materials used at MM Board & Paper are either certified or from controlled wood sources MM Group Investor presentation March 2024 (incl. 2023 Annual Results) (1) Statista, recycling rate of paper and cardboard packaging waste in the EU-27 2005-2020 (2) Recyclability of cartonboard and carton, Technical University Graz 2021 17 MM#18Think next. Plastic substitution Our responsible packaging innovations and novel barrier concepts reduce the use of plastic. POUCH PAL MM RICE printed POUCH PAL MM POUCHPAL DIY! PLAY printed on ON PAPER, Multiple award winning fruit basket MM Paper Pouches - the innovative fibre-based stand-up pouch Moulded Pulp - trend towards more sustainable packaging in plastic replacement MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 18#19Driving economic success in harmony with the needs of society and nature QUALITY EDUCATION DECENT WORK AND FCONOMIC GROWTH M The UN Sustainable Development Goals are the core of our strategy, which consists of 3 key pillars: People Safety and Health Working Environment Human Rights Planet Decarbonisation Raw materials Water Prosperity Responsible Management Innovation and Quality Value Chain SUSTAINABLE DEVELOPMENT GOALS CDP A LIST 2022 SCIENCE BASED TARGETS Global Reporting Initiative ecovadis CLIMATE MM Group Investor presentation March 2024 (incl. 2023 Annual Results) WITH Safety and Working Environment Human Rights Health People Responsible Management AND WO MM Prosperity Innovation and Quality 12 CO RESPONSIBILI 18 Planet Value Chain Water CLEAK WATER AND SANITATION Decarboni- sation Raw Materials 15 MM EB AND 12 RESPONSIBLE 13 00 19#20Planet - MM Group targets regarding environmental sustainability BASEC TARGETS MM . Decarbonisation Reduction of direct and indirect greenhouse gas (GHG) emissions to mitigate global warming to below 1.5°C: Reduce GHG emissions from operations (scope 1 and 2) 50.4 % by 2031 (base year: 2019)* Reduce GHG emissions from the value chain (scope 3) 58.1 % per Euro value added by 2031 (base year: 2019)* Increase annual sourcing of renewable electricity from 15.61 % in 2019 to 40 % by 2031 and 100 % by 2045 • Raw Materials Profound understanding of impacts and risks concerning biodiversity 100% responsible sourced wood based raw materials by 2030 75% reduction of waste to landfill intensity till 2030 99% process residues utilisation (recycling/reuse/incineration with energy rec.) rate by 2030 30% reduction of process waste per saleable ton by 2030 Water** Profound understanding of impacts and risks concerning water usage MM is committed to continue treating 100% of the process water. Achieve ≥ 90 % efficiency for water consumption by 2025 Improve the use of process water (excl. cooling water) by 30% per saleable ton until 2030 All BP production sites are third party certificated by 2030 MM Group Investor presentation March 2024 (incl. 2023 Annual Results) *Targets approved by the "Science Based Target initiative" **Targets on "Water" apply exclusively to the division MM Board & Paper. 20#214. Development in 2023 WWW.MM. GROUP 21 MM#222023 MM Group Headlines . . • Sharp decline in demand and significant market- and capex-related downtime at MM Board & Paper weigh on results Strong performance at MM Packaging Comprehensive modernisation programme to increase competitiveness of MM Board & Paper implemented Successful integration of last year's acquisitions in the resilient area of pharmaceutical packaging Profit & cash protection plan proves effective • Dividend of EUR 1.50 proposed in line with long-standing dividend policy MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 22#23MM Group Quarterly Overview in millions of EUR Sales -Operating margin 16% 1,400 15% 14% 1,200 13% 12% 1,000 11% 10% 800 9% 8% 7% 600 6% 5% 400 4% 3% 200 2% 1% 0% 0 III/19 IV/19 1/20 11/20 111/20 IV/20 1/21 11/21 III/21 IV/21 1/22 11/22 111/22 IV/22 1/23 11/23 111/23 IV/23 MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 23#24MM Group 2023 Results 2023 (consolidated in millions of EUR, IFRS) Sales 4,164.4 2022 4,682.1 +/- - 11.1 % Adjusted EBITDA¹) 450.2 769.0 - 41.5 % EBITDA margin²) (%) 10.8 % 16.4 % Adjusted operating profit¹) 229.2 562.4 - 59.2 % Operating profit 197.6 510.4 Operating margin²) (%) 5.5 % 12.0% -61.3 % - 651 bp Return on capital employed²) (%) 6.5% 17.9 % - 1,145 bp Profit before tax 136.7 467.0 -70.7 % Income tax expense (47.6) (121.7) Profit for the year 89.1 345.3 -74.2 % Net profit margin (%) 2.1 % 7.4% Earnings per share (in EUR) 4.36 17.19 - 74.6 % Cash flow from operating activities 786.2 299.7 + 162.3 % Investment payments (CAPEX) 425.3 329.4 Depreciation and amortization³) 221.4 219.5 + 0.8 % Free cash flow 369.8 (19.7) + 1,975.1 % 1) adjusted for material one-off effects (material defined as impact on operating profit of more than EUR 10 million) 2) calculated with adjusted result figure 3) incl. impairment and write-ups on property, plant and equipment and intangible assets as well as non-current assets held for sale MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 24#25MM Group 2023 Results (consolidated in millions of EUR, IFRS) 4Q/2022 1Q/2023 2Q/2023 3Q/2023 4Q/2023 Sales 1,231.7 1,122.1 1,059.3 1,015.1 967.9 Adjusted EBITDA¹) 176.7 133.6 103.7 121.4 91.5 EBITDA margin²) (%) 14.3% 11.9% 9.8% 12.0% 9.5% Adjusted operating profit¹) 109.1 78.7 48.3 63.4 38.8 Operating profit 58.2 61.6 42.4 55.8 37.8 Operating margin²) (%) 8.9% 7.0% 4.6% 6.2% 4.0 % Profit before tax 50.2 49.0 28.2 41.7 17.8 Income tax expense Profit for the period Net profit margin (%) (20.2) (14.1) 0.2 (13.8) (19.9) 30.0 34.9 28.4 27.9 (2.1) 2.4% 3.1 % 2.7 % 2.7 % -0.2 % Earnings per share (in EUR) Cash flow from operating activities Free cash flow 1.52 1.71 1.41 1.38 -0.14 44.0 67.2 82.9 177.2 458.9 (37.0) (28.6) (36.3) 73.7 361.0 1) adjusted for material one-off effects (material defined as impact on operating profit of more than EUR 10 million) 2) calculated with adjusted result figure MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 25#26MM Consolidated Balance Sheet (consolidated in millions of EUR, IFRS) Non-current assets Current assets Dec. 31, 2023 Dec. 31, 2022 3,159.0 2,882.0 1,917.9 1,926.8 Total assets Equity 5,076.9 4,808.8 2,012.4 1,959.1 Liabilities 3,064.5 2,849.7 Total equity and liabilities 5,076.9 4,808.8 Total funds available to the Group 757.5 280.1 Equity ratio (in %) 39.6 % Net debt 1,261.9 40.7 % 1,481.5 MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 26#27Long-term dividend and earnings development MM 18 16 14 12 10 8 6 4 2 Dividend / Share 0 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2004 and 2013 incl. bonus dividend MM Group Investor presentation March 2024 (incl. 2023 Annual Results) Continuous conservative Payout Policy proposed 27#28MM Group Company presentation January 2024 (incl. 1-30 R MM 10 MM BOARD & PAPER Leading in consumer packaging#29Europe's largest cartonboard producer We produce virgin fibre cartonboard, recycled cartonboard, packaging papers, saturating kraft, liner, barrier cartonboard, uncoated fine paper and mechanical pulp. 6 cartonboard mills in 5 1 mechanical pulp 10 board & paper countries mill machines 1.9 million =110 tonnes cartonboard and paper sold export countries MM Group Investor presentation March 2024 (incl. 2023 Annual Results) 4,579 employees MM 29#30Offering a comprehensive fibre-based product portfolio RECYCLED CARTONBOARD FOLDING BOXBOARD WHITE TOP COATED RECYCLED LINER Global leader in the production and #1 in Europe Among top three producers in Europe UNCOATED FINE PAPER SPRP-S www.w MMBLOOM :) SATURATING KRAFT PAPER Absorbex® is the worlds leading SKP brand MM Group Investor presentation March 2024 (incl. 2023 Annual Results) Note: Additional product categories of MM B&P include Pulp and Pallets Among top three producers in Europe PACKAGING KRAFT PAPER IPACK PACK MM 30#31MM Board & Paper 2023 Results (in millions of EUR, IFRS) 4Q/2022 1Q/2023 2Q/2023 3Q/2023 4Q/2023 Sales¹) 620.5 521.2 498.1 448.4 451.4 Adjusted EBITDA²) 114.7 54.3 17.7 14.7 6.0 Adjusted operating profit²) 87.4 27.7 (9.8) (13.5) (24.2) Operating profit 62.8 27.7 (9.8) (13.5) (24.2) Operating margin³) (%) 14.1 % 5.3 % -2.0 % -3.0 % -5.4 % Cash flow from operating activities 17.4 10.0 3.0 64.1 214.5 Tonnage sold (in thousands of tonnes) 494 473 486 487 502 Cartonboard 373 375 365 365 371 Paper 121 98 121 122 131 Tonnage produced (in thousands of tonnes) 492 488 469 482 506 1) incl. interdivisional sales 2) adjusted for material one-off effects (material defined as impact on operating profit of more than EUR 10 million) 3) calculated with adjusted result figure MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 31#322023 MM Board & Paper Headlines MM . • . • • • • After the record year 2022, the European cartonboard and paper industry experienced unprecedented downturn Subsequent to sharp drop, which started in 4th quarter of 2022, a bottom was reached in 2nd half of 2023 Inflation-related subdued and changed purchasing behavior of consumers as well as the reduction of high inventories in the supply chain led to a significant volume decline This historically unprecedented situation was further aggravated by the loss of the Russian market as well as weak or highly competitive overseas markets Considerable planned capex-related downtime for modernisations at the Frohnleiten, Neuss and Kolicevo mills enhancing MM's leadership in recycled board On the procurement markets purchasing prices fell compared to the previous year as a result of lower demand, however, more pressure was built up on sales prices As expected substantial decline in volume and results compared to last year's record levels Profit and cash protection programme with detailed action plans for each location was implemented MM Group Investor presentation March 2024 (incl. 2023 Annual Results) 32#33MM Board & Paper 2023 Results (in millions of EUR, IFRS) 2023 Sales1) 1,919.1 2022 2,750.0 +/- - 30.2 % Adjusted EBITDA²) 92.7 511.1 - 81.9 % Adjusted operating profit²) (19.8) 405.6 - 104.9 % Operating profit (19.8) 381.0 - 105.2 % Operating margin³) (%) -1.0 % 14.7 % - 1,578 bp Cash flow from operating activities 291.6 244.4 +19.3% Tonnage sold (in thousands of tonnes) 1,948 2,389 - 18.5 % Cartonboard 1,476 1,803 - 18.1 % Paper 472 586 - 19.5% Tonnage produced (in thousands of tonnes) 1,945 2,433 - 20.1 % Employees 4,579 4,776 Investment payments (CAPEX) 233.2 191.8 Depreciation and amortization 112.5 118.4 1) incl. interdivisional sales 2) adjusted for material one-off effects (material defined as impact on operating profit of more than EUR 10 million) 3) calculated with adjusted result figure MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 33#34LANCOME ANCOME in MM WZWA VISK MM PACKAGING Leading in consumer packaging 34#35MM Leading global producer of folding cartons We continuously work towards enhancing and innovating our range of fibre-based products, aiming to surpass our customers' expectations by providing sustainable packaging solutions for their products. #1 producer of folding cartons in Europe 64 production sites worldwide JARDIN EXOTIQU EAU DE PARFUM 4.0 billion of packaging produced in m² 10,508 employees worldwide MM Group Investor presentation March 2024 (incl. 2023 Annual Results) 35#36We operate in resilient and profitable markets (1) Premium & Specialities (2) 41% Offering leading edge technology for innovative packaging with sustainable finishing techniques Cartier (1) Sales split MM Group Investor presentation March 2024 (incl. 2023 Annual Results) Mitha 32% Food Creating innovative & tailor-made solutions for consumer packaging Mika Fitness 27 % Pharma & Healthcare Operating a resilient, global manufacturing network dedicated to the specific requirements for pharma packaging ST LALL FRE (2) Home Care, Personal Care, Beauty, Cigarettes, Luxury, E-commerce and Electronics MM 36#37NOELICE Completed with a product range of folding cartons and fibre based materials Folding Cartons Nestle MARTELL NOBLIGE Fitness ORIGINAL Milka milka Paperbags Da Svensk Strösocker Strosocker Micro-Flute DREMEL 4000 MM Clamshells Shaped Cartons Two-Piece Cartons ИДЕАЛЬНОЕ СОЧЕТАНИЕ Cena bus кий луски е спусти вот что я люблю M Encore! DREMEL 4000 COUNGE M XPYCTARINE! 99 Labels Da Svensk Strösocker HOT sa ba MARIN r to search de buke 19 noon Bow Dee Les ver b - MRD perso art of 3DS 10 W Hydrocort Www O 4 MM Group Investor presentation March 2024 (incl. 2023 Annual Results) ОМНОНУ + Leaflets E-Commerce Envelopes Moulded Pulp 27 68 37#38MM Packaging 2023 Results in millions of EUR, IFRS Sales¹) 4Q/2022 1Q/2023 2Q/2023 3Q/2023 4Q/2023 658.5 656.7 606.5 605.9 562.0 Adjusted EBITDA²) 62.0 79.3 86.0 106.7 85.5 Adjusted operating profit²) 21.7 51.0 58.1 76.9 63.0 Operating profit (4.6) 33.9 52.2 69.3 62.0 Operating margin³) (%) 3.3 % 7.8% 9.6% 12.7 % 11.2 % Cash flow from operating activities 26.6 57.2 79.9 113.1 244.4 Produced volume (in millions of m²) 1,128 1,094 979 963 948 1) incl. interdivisional sales 2) adjusted for material one-off effects (material defined as impact on operating profit of more than EUR 10 million) 3) calculated with adjusted result figure MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 38#392023 MM Packaging Headlines Strong results, factoring in restructuring costs and the divesture of our highly profitable Russian packaging plants. Significant growth compared to the previous year's period resulted primarily from the inclusion of the prior-year acquisitions in the pharma packaging sector, Essentra Packaging and Eson Pac. Pharma & healthcare sector exceeded our expectations and demonstrated resilience in the present market landscape. In contrast, the food sector was particularly affected by declining consumer purchasing power in addition to the reduction of inventories along the entire supply chain. Sales and profit well above the previous year. MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 39#40MM Packaging 2023 Results (in millions of EUR, IFRS) Sales¹) Adjusted EBITDA²) 2023 2022 2,431.1 2,168.7 +/- + 12.1 % 357.5 257.9 + 38.6 % Operating profit Adjusted operating profit²) Operating margin³) (%) 249.0 156.8 + 58.9 % 217.4 129.4 + 68.0 % 10.2 % 7.2% + 302 bp Cash flow from operating activities 494.6 55.3 +793.5 % Produced volume (in millions of m²) 3,984 4,056 - 1.8% Employees 10,508 10,864 Investment payments (CAPEX) 192.1 137.6 Depreciation and amortization 108.9 101.1 1) incl. interdivisional sales 2) adjusted for material one-off effects (material defined as impact on operating profit of more than EUR 10 million) 3) calculated with adjusted result figure MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 40#415. Outlook MM 41#42Outlook Positive volume trend for MM Board & Paper at beginning of 2024, however pressure on margins is continuing. Although destocking in the supply chain has largely been completed, we expect slow market recovery due to the weak economic situation in Europe and continued restrained consumer spending. Continued oversupply and dampened capacity utilisation in Europe are expected to remain, also due to difficult general conditions on non-European export markets. The profit and cash protection programme will be consistently continued and implemented and supplemented by targeted structural adjustment. Recent increases in production costs will be passed on through corresponding price adjustments. Capex volume of around EUR 300 million expected for 2024, which includes carry-overs from the previous year, will be focussed on selected projects to improve competitiveness. MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM 42#43MM MM Group Brahmsplatz 6, 1040 Vienna, Austria Tel: +43 (0)1 502 57 - 0 E-Mail: [email protected] www.mm.group Leading in Consumer Packaging MM Group Investor presentation March 2024 (incl. 2023 Annual Results) MM KOTRAV#44Disclaimer MM Mayr-Melnhof Karton Aktiengesellschaft and its Group companies (hereinafter collectively or individually "MM") expressly disclaim any warranty or liability as to accuracy or completeness of the information provided in this presentation. This presentation contains forward-looking statements, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of MM or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this presentation. Subject to any obligations under applicable law or pursuant to any regulatory body, MM disclaims any obligation or undertaking to update or revise any of the forward looking statements in this presentation, whether as a result of new information, a change in MM´s expectations, or any events or circumstances that arise after the date of making any forward-looking statements. MM Group Investor presentation March 2024 (incl. 2023 Annual Results) 44