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Investor Relations Company Presentation

150 YEARS A HOCHTIEF Nom. net profit We are building the world of tomorrow. Op. net profit EURM +6% 403 381 HOCHTIEF Group - 9M 2023 overview Operational net profit EUR 403m, +6% yoy; nominal net profit EUR 381m, +7% Solid performance with sales up 11% yoy fx-adj. at EUR 20.4bn, driven by all divisions ✓ Double-digit net profit growth adjusting for fx-effects Robust operational NPAT margin of 2.0%; EBITDA and EBIT margins stable at 4.5% and 3.3% Strong Q3 2023 cash flow from operating activities pre-factoring* up EUR 135m yoy 9M 2023 cash flow* of EUR 208m substantially up by EUR 87m yoy Cash flow from op. activities pre-factoring* of approx. EUR 1.3bn LTM highlights sustained high level of cash conversion when adjusting for seasonality Net operating capex increase driven by job-costed tunneling equipment and the initial, one-off development capex for a major renewable project at CIMIC Net debt reduced by EUR 158m yoy driven by a EUR 478m underlying improvement ✓ EUR 301m dividend paid to HOCHTIEF shareholders in July 2023 ✓ Seasonally strong operating cash flow expected for Q4 2023 New orders of EUR 27.8bn in 9M 2023, exceptional growth of EUR 7bn yoy (+39% fx-adj) ✓ Continuation of strong growth trend in Q3 (new orders +51%) driven by strategic focus on high- growth markets which accounted for over 50% of new orders in 9M 2023 ✓ The vast majority of new orders is of lower risk nature ✓ Order backlog of EUR 56.1bn, up EUR 3.3bn or +14% fx-adjusted yoy ✓ Proportion of lower-risk order book has significantly increased over last 5 years to approx. 85% Guidance FY 2023 confirmed: operational net profit of EUR 510 – 550m ✓ Strategic focus on rapidly expanding high-tech, energy transition and sustainable infrastructure markets driving strong order book growth, positive profit momentum and further improving risk profile Starting to deploy equity in high-tech infrastructure projects (e.g. solar, EV chargers and data centers) ✓ Dividend of EUR 4.00/ share (vs. EUR 1.91 for 2021) paid in Q3 2023 * = Cash flow figures pre-factoring, and underlying, i.e. excluding extraordinary payments +7% 381 355 9M 2022 9M 2023 9M 2022 9M 2023 Cash flow from operating activities * EURM +135m 59 194 122 +87m 208 Q3 2022 Q3 2023 9M 2022 9M 2023 918 Net cash EURM -226 Net cash 9M 2022 -164 EUR +478m yoy -276 252 -301 -20 -68 Free cash Debt Fx, others Net cash Non-op. Net cash flow pre- factoring" lease repay ment 9M 2023 dividend effects 9M 2023 pre non- payment ops. New orders EURbn +33% nom./+39% fx-adj. EURm Order backlog 27.8 +6% nom./+14% fx-adj. 2.6 52.8 56.1 5.6 20.9 4.3 1.1 8.6 19.6 19.4 8.2 16.5 28.8 31.1 11.5 9M 2022 9M 2023 9M 2022 9M 2023 Op. Net profit guidance 522 510-550 FY 2022 FY 2023 3
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