Investor Presentaiton

Capital allocation CAPITAL EXPENDITURE In million € 150 125 100 75 50 25 0 Strategic Investments 2014 2015 2016 2017 2018 2019 2020 2021 2022 H1 23 ■Property, plant, and equipment ■Intangible assets DEBT LEVERAGE 3,0 2,5 2,0 1,5 1,0 0.5 0,0 dec-08 dec-09 dec-10 TKH GENERAL INVESTOR PRESENTATION - NOVEMBER 2023 dec-11 dec-12 dec-13 dec-14 dec-15 dec-16 dec-17 dec-18 dec-19 dec-20 dec-21 dec-22 18 2023: PP&E capex of € 200 million of which € 160 from Strategic Investment Program ACQUISITIONS & DIVESTMENTS In million € 150 ggg 100 50 H -50 -100 2014 2015 2016 2017 2018 2019 2020 2021 2022 H1 23 DIVIDEND € 2,00 Target net debt/ EBITDA < 2.0 € 1,50 € 1,00 € 0,50 € - ■Divestments ■ Acquisitions 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Acquisitions that strengthen our portfolio; divestments that do not contribute towards achieving long-term targets Aim for a dividend pay-out of between 40% and 70% SMART TECHNOLOGIES < TH

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