Investor Presentation

Increase in gross profit margin & Adj. EBITDA 9M Gross profit margin (in millions of €) 1450 1400 1350 1300 1250 1200 1,163 1150 1100 1050 14 1,319 1,419 400 380 360 340 320 300 280 260 240 240 220 9M 2018 9M 2019 9M 2020 9M Adj. EBITDA (in millions of €) 343 393 9M 2018 9M 2019 9M 2020 Refresco

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