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Investor Presentaiton

RHI MAGNESITA Cash flow reconciliation €m Adjusted EBITDA Share based payments - gross non cash 2023 2022 543 500 8 Working capital changes 53 (195) Changes in other assets and liabilities (12) (2) Investments in Property, Plant & Equipment and Intangible assets (180) (157) Adjusted operating cash flow 413 155 Income taxes paid (60) (54) Cash effects of other income/expenses and restructuring (32) (24) Investments in financial assets (14) 4 2 3 Cash inflows from the sale of PPE and IA Cash inflows from the sale of financial assets Investment subsidies received Cash inflow from joint ventures and associates Net interest paid Net derivative cash outflow Dividend payments to Non-controlling Interests Other investing activities Free cash flow Investor Presentation | March 2024 (56) (36) 5 (2) (3) 2 258 43 46 46
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