Third Quarter 2021 Investor Relations Handout

11% reduction in average net operating assets Invested capital: Net operating assets (NOA) – first half CHFM 1'400 1'293 1'274 1'214 1'208 1'200 1'156 1'151 -10.7% 54.3% 1'079 48.1% 1'000 800 600 43.1% 42.0% 39.1% 37.7% 36.0% 19.6% 19.0% 400 13.2% 13.5% 11.6% 9.7% 200 0 2016 2017 2018 2019 2020 as % of net sales Net operating assets (NOA 4q.-average) 13 Third quarter 2021 - Investor relations handout Autumn 2021 Public 30.06.2020 25.1% 30.06.2021 Return on NOA (RONOA) after tax BUCHER

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