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Investor Presentaiton

Net Debt Change from Net Debt to Net Cash in 2017 Net Debt in mEUR 158,2 60,5 42,6 30.7 36,2 -122,0 2013 2014 2015 2016 2017 Highlights IPO proceeds and positive results in 2017 shape Net Debt Net Cash position of over EUR 130 million at the end of 2017 " VARTA Microbattery VARTA Storage āœ” VARTA Our Brands M VARTA power one 12
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