Investor Presentaiton

Steel segment performance by region M&A drives strong revenue outperformance in Europe, China and India regions North America €673m -1% -2% -6% -5% 2023 versus 2022 % Steel production (WSA) RHIM Base Volumes RHIM incl M&A Volumes RHIM Revenue incl M&A (constant currency) Investor Presentation | March 2024 South America €393m RHI MAGNESITA China & East Asia €239m Europe, CIS &Türkiye €575m 20% Steel Segment Revenue 2023 8% -3% -2% -9% 3% -1% -11% 24% 23% North America India, West Asia & Africa €2,461m Europe, CIS &Türkiye South America 16% China & East Asia 27% India, West Asia & Africa €582m 10% 3% 9% 10% -6% -6% -6% 37% 25% Global steel production (WSA): (0.1)% Global steel production ex-China, Iran & Russia (WSA): (1)% 18

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