Oerlikon Investor Presentation

Return On Capital Employed (ROCE) 1H 20201 FY 2019 12 Month Rolling EBIT 34 164 - Total current income tax -51 -65 - Total deferred tax income NOPAT 32 26 14 125 8.2% 12.1% 7.0% cerlikon 5.7% Net Operating Assets 1'832 1'826 + Current income tax receivables 18 16 + Deferred tax assets 142 142 0.8% Current income tax payables -51 -66 FY 2016 FY 2017 FY 2018 FY 2019 1H 20201 Deferred Tax liabilities -125 -128 Capital Employed 1'816 1'788 1 12-months rolling, continuing operations Page 52 Oerlikon Investor Presentation October 2020

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