Oerlikon Investor Presentation

Expected near-term impacts of COVID-19 pandemic on Oerlikon's served markets Filament and Nonwoven Large filament producers confirm expansion plans ■ BCF at low point of cycle ■ Nonwoven market is expanding due to need for face masks from meltblown lines ■ 44 % Group Sales 1H20 ■ Continued long-term strategic customer developments. Long-term project horizon means limited COVID-19 impact Tooling Sharp deterioration in industrial production globally ■ Automotive and Aerospace markets have knock-on impact ■ Low visibility across all industries. Though some green shoots are being seen ■ 17% Group Sales 1H20 ■ Assumes Q2 low point and gradual recovery General Industrial & Other Sharp deterioration in industrial production globally ■ China already in recovery mode ■ PMI shows signs of recovery into June ■ 17% Group Sales 1H20 ■ Assumes Q2 low point and gradual recovery in line with Industrial Production with localized trends Automotive Global production volumes expected to fall YoY -23% Chinese production recovering and signs of European ramp up in production ■ Structural change towards electric / hybrid vehicles ■ 13% Group Sales 1H20 ■ Assumes Q2 low point and gradual recovery based on OEM indications to ramp-up production ærlikon Aviation ■ COVID-19 create perfect storm for Aerospace industry IATA:55% decline of passenger traffic in 2020; not returning to 2019 levels until 2024 Aircraft production (Boeing/ Airbus) heavily reduced ■ 9% Group Sales 1H20 ■ Assumes FY20 low point and prolonged structural issues extending the recovery Page 40 Stable V-shaped recovery V-shaped recovery U-shaped recovery L-shaped prolonged recovery Surface Solutions well positioned for market rebound in Automotive, Tooling, Aerospace and General Industry - Manmade Fibers remains stable Oerlikon Investor Presentation October 2020

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