Q1 2024 Earnings Report

Currency movements had a negative impact on sales and a positive impact on the Adjusted EBITA margin Q1 24 Sales FX Footprint (% of total) 17 Other Currencies, 29% CNY, 6% Key observations Overall currency impact of -2.6% on sales, mainly from USD and CNY depreciation. EUR, 26% • Impact of +0.7% on the Adjusted EBITA margin. USD, 39% EUR USD CNY Other Currencies Signify

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