Oerlikon Investor Presentation

Surface Solutions Segment - performance impacted by slowdown in all end markets, cost actions initiated 3% Asia/Pacific 22% 33% Europe Sales 2Q20 North America RoW 42% cerlikon OPERATIONAL PERFORMANCE ■ Global lock-downs had a significant negative impact on sales across geographies and product lines " Profitability contracted due to lower production volumes ■ Structural cost measures ahead of schedule - over 50% of targeted headcount reduction completed ■ In addition to the structural measures a number of short- term actions have been implemented - reduced OPEX by 90M in 1H MARKET DEVELOPMENT ■ All end-markets have been heavily impacted by the COVID-19 pandemic Europe / North America seeing most significant negative impact in Q2 some signs of recovery in June/July China recovering during 2Q but India & Japan remain slow ■ Automotive market down substantially, European and Asian production ramping up towards end of quarter Aerospace impacted heavily by reduced commercial travel and new plane order cancellations resulting in substantial reduced aircraft production " in CHF million 2Q20 2Q19 y-o-y y-o-y ex FX y-o-y HY20 HY19 y-o-y ex FX 7% Tooling Order intake 238 374 -36.5% -32.5% 571 759 -24.7% -20.6% 29% Automotive 25% Sales (3rd parties) 262 379 -30.9% -26.7% 587 750 -21.8% -17.5% Aviation Sales 2Q20 Operational EBITDA 17 64 -73.5% 56 126 -55.3% General Industry In % of sales 6.5% 16.9% 9.5% 16.7% 15% 24% Power Generation Operational EBIT -24 22 22 <-100% -29 42 <-100% In % of sales -9.3% 5.7% -4.8% 5.5% 1IP Industrial Production Page 43 Oerlikon Investor Presentation October 2020

View entire presentation