Investor Presentaiton

Profit and loss summary Higher revenue and EBITA offset at EPS level by increased finance charges, including FX €m 2023 20221 Change Revenue 3,572 3,317 8% Gross profit 857 763 12% Gross margin (%) 24.0% 23.0% Adjusted EBITDA 543 500 100bps 9% EBITDA Margin (%) 15.2% 15.1% 10bps Adjusted EBITA 409 384 7% Adjusted EBITA margin (%) 11.4% 11.6% (20bps) Adjusted finance charges (92) (66) 39% Adjusted profit before tax 317 318 0% Adjusted effective tax rate 24.0% 25.0% (100bps) Tax (76) (80) (5%) Adjusted profit after tax 241 237 2% Adjusted EPS (€) 4.98 4.82 3% Dividend per share (€) 1.80 1.60 13% RHI MAGNESITA Revenue growth supported by M&A and price resilience with 2% FX headwind Gross profit margin increased to 24.0% (2022: 23.0%) on restored industrial pricing ⚫ Adjusted EBITA margin reduced by 20bps to 11.4% due to higher depreciation and fixed cost under-absorption • Adjusted finance charges increased to €92 million (2022: €66 million): - Net interest expenses of €35 million (2022: €19 million) Foreign exchange related charges of €30 million (2022: €23 million) Other financial expenses €27 million (2022: €24 million) • Adjusted EPS €4.98 per share (2022: €4.82 per share) ⚫ Final dividend increased to €1.25 (2022: €1.10), with full year payout of €1.80 (2022: €1.60) Investor Presentation | March 2024 26 26

View entire presentation