ANNUAL GENERAL OF VOSSLOH AG

MAY 15, 2024

FINANCIAL YEAR 2023

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Annual General Meeting Vossloh AG, May 15, 2024

VOSSLOH GROUP

VERY SUCCESSFUL FINANCIAL YEAR 2023 DESPITE NUMEROUS CRISES

The year 2023 is characterized by crises:

Conflicts, natural disasters, 110 million refugees worldwide, the economy is on the ground, "crisis mode" is the buzzword of the time.

Vossloh's business model robust and crisis-proof:

  • Megatrends such as globalization, urbanization, digitalization and sustainability are driving our business
  • Thanks to our customer structure, we are less susceptible to short-termeconomic cycles
  • Rail infrastructure is classified worldwide as critical and therefore particularly relevant
  • Global diversification in production and sales another stabilizing factor
  • Worldwide unique product and service portfolio for all aspects of the rail track
  • Experience and critical mass as a driver of innovation and progress

3 Annual General Meeting Vossloh AG, May 15, 2024

Sales revenues

2023: €1.21 billion

+16 %

EBIT

2023: €98.5 million

+26 %

Free cash flow

2023: €70.9 million

+154 %

RAIL AS THE KEY TO A GREEN TRANSPORTATION TRANSITION

DECARBONIZATION OF THE TRANSPORT SECTOR CRUCIAL FOR ACHIEVING CLIMATE TARGETS

  • Transport Outlook 2023 from the International Transport Forum ITF, Outlook to 2050 sees significantly increased demand for transportation:
  • Passenger traffic rises to 110 trillion passenger kilometers
  • Freight traffic rises to 332 trillion tonne-kilometers
  • The transport sector is currently responsible for 23 % of global energy-related CO2 emissions
  • No alternative to rail as the most environmentally friendly mode of mass transport for decarbonizing the transport sector
  • Investment programs worth billions launched worldwide to expand rail transport

Expansion of the rail network alone not enough for a green transport transition

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Annual General Meeting Vossloh AG, May 15, 2024

GREATER AVAILABILITY. MORE RAIL TRAFFIC.

SYSTEM UNDERSTANDING OF THE RAIL TRACK AND INNOVATIVE SERVICES: THE BRIDGE TO HIGHER TRACK AVAILABILITY

/Customers' main focus is on higher availability

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−

Increasing stress, higher wear

More efficient maintenance strategies are required

  • Vossloh ideally positioned with a unique portfolio
  • Linking products within a system and digital interconnectivity from the system to the service are crucial

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Around 150 digital experts develop innovative solutions

Valuable findings for product development and maintenance of the rail track

As a system house for the rail track, Vossloh is a holistic problem solver for customers

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Annual General Meeting Vossloh AG, May 15, 2024

THE FUTURE OF RAIL: THE ROLE OF DIGITALIZATION

SETTING THE DIGITAL COURSE: OPPORTUNITIES FOR VOSSLOH IN A NETWORKED WORLD

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ACQUISITION OF RAILWATCH TECHNOLOGY

  • Innovative camera-based monitoring technology acquired from RailWatch in September 2023
  • Significantly improved expertise in the areas of sensor technology, computer vision and cloud computing
  • Focus on analyzing the wheel-railcontact

PARTNERSHIP WITH PREDGE

  • Predge offers expertise in data analysis and artificial intelligence
  • The aim is to develop forecasting models to reliably predict imminent failures or malfunctions of point machines

VOSSLOH CONNECT: FOR MAXIMUM TRACK AVAILABILITY

  • "One-stopshop platform" offers customers a range of state-of-the-art solutions
  • All digital solutions are integrated into a user-friendlysystem
  • 360-degreeview of rail infrastructure and operations
  • State-of-the-artanalysis and warning systems optimize management and maintenance with recommendations for action in real time

Annual General Meeting Vossloh AG, May 15, 2024

TRANSFORMATION OF THE RAIL INDUSTRY

EXPLOITING GROWTH OPPORTUNITIES THROUGH STRATEGIC CAPITAL EXPENDITURE

/Increasing pressure for innovation and sustainability leads to industry consolidation

/Vossloh is ideally positioned to benefit from this development

/ Additional investments in the expansion of production capacity to meet growing demand

/ Establishment of new switch production facilities in Sweden and Australia

/ Construction of series production for the composite sleeper (EPS) well advanced in Poland

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Annual General Meeting Vossloh AG, May 15, 2024

PEOPLE ARE THE STRENGTH

THE DRIVING FORCE BEHIND THIS SUCCESS IS VOSSLOH'S EMPLOYEES

/Thanks to all employees worldwide

/Fit 4 Future a complete success: 900 suggestions, 400 implemented

/Very high level of employee identification according to survey

/EUREF-Campus Düsseldorf: New modern location for new talents

/Vossloh is ecologically sustainable: 100% taxonomy- eligible and 63% taxonomy-aligned sales revenues, one of the best companies in Germany

/Outstanding sustainability ratings from renowned ESG rating agencies

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Annual General Meeting Vossloh AG, May 15, 2024

FINANCIAL YEAR 2023 KEY FINANCIAL FIGURES

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Annual General Meeting Vossloh AG, May 15, 2024

VOSSLOH GROUP

RECORD SALES ACHIEVED 26.2 %

EBIT INCREASED BY

GROUP KEY FIGURES

2022

2023

Orders received

€ mill.

1,247.0

1,217.4

Order backlog (12/31)

€ mill.

799.6

761.2

Sales revenues

€ mill.

1,046.1

1,214.3

EBIT / EBIT margin

€ mill. / %

78.1 / 7.5

98.5 / 8.1

Net income

€ mill.

56.0

55.3

Earnings per share

€

2.38

2.21

Value added

€ mill.

11.5

18.9

Free cash flow

€ mill.

27.9

70.9

10 Annual General Meeting Vossloh AG, May 15, 2024

EQUITY INCREASED

NET FINANCIAL DEBT DECREASED

GROUP KEY FIGURES

12/31/2022

12/31/2023

2022

2023

Equity

€ mill.

625.1

638.5

Equity ratio

%

45.7

45.8

Net financial debt

€ mill.

237.5

219.5

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Vossloh AG published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 May 2024 07:27:03 UTC.