Oerlikon Investor Presentation

Manmade Fibers remains on track; cost/cash measures in Surface Solutions ahead of schedule 1 2 3 4 Manmade Fibers remains on track despite COVID-19 pandemic Surface Solutions globally impacted ― improvement as 2Q progressed Accelerated cost and cash measures in Surface Solutions Cash controls working ... strong Group liquidity preserved ærlikon ■ 1H order intake at CHF 510 million positions segment well for future ■ 2020 delivery schedules remain on track ■ Nonwoven business concluded 15 contracts for new melt-blown equipment for facial masks Providing system relevant services and sustainable innovation pipeline ■ Q2 Surface Solutions Segment sales -31% year-over-year (-27% ex-FX) ■ COVID-19 pandemic significantly impacted all business lines ■ First signs of recovery towards the end of June in some end-markets Reduced operating expenses (excluding restructuring and impairment charges) by more than CHF 90 million year-over-year ■ Structural cost out program ahead of schedule; Completed >400 of targeted headcount reduction (total ~800) at the end of June 2020 ■ Reduced CAPEX in 1H by CHF ~18 million year-over-year ■ CHF 600m cash and cash equivalents at end of Q2 2020 ■ Commitment to medium-term Group margins of 16-18% Page 38 Oerlikon Investor Presentation October 2020

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