ANDRITZ Q1 2023 Financial Performance

SOLID FINANCIAL POSITION Gross liquidity of ~2.0 billion euros, net liquidity at ~900 million euros Note: Since January 1, 2019, lease liabilities are excluded from the calculation of net liqudity; 2018 adjusted IN MEUR 2,350 Acquisition Xerium: 770 MEUR 2.051 1.974 1.838 1,850 1.719 1.610 1.280 1,350 983 907 850 703 421 245 350 -100 -150 2018 2019 2020 2021 2022 Q1 2023 Liquid funds -Net liquidity 20 ANDRITZ / INVESTOR PRESENTATION / JUNE 2023 / ANDRITZ GROUP A Strong increase in net liquidity of 1 bn EUR since 2018 Decline in net liquidity since end of 2022, mainly due to change in net working capital, however at a solid level of around 900 MEUR

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