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EARNINGS CONFERENCE H1 2025 / Q2 2025 Joachim Dürr (CEO) & Oliver Gantzert (CFO) August 14, 2025
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DISCLAIMER THIS PRESENTATIONIS CONFIDENTIAL AND MUST NOT BE RELEASED,PUBLISHED, TRANSMITTED OR DISTRIBUTED, IN WHOLE OR IN PART,DIRECTLY OR INDIRECTLY,INTO OR WITHIN THE UNITED STATESOF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION WHERE SUCH DISTRIBUTIONIS UNLAWFUL. This presentation (the “Presentation”) was specifically prepared by JOST Werke SE (the “Company”) for informational purposes only. It is intended to provide a general overview of the Company’sbusiness and does not purport to include all aspects and details regarding the Company. This Presentation must not be reproduced in any form, passed on or otherwise made available, directly or indirectly, to any other person, or published or otherwise disclosed, in whole or in part, for any purpose, without prior written consent by the Company. Neither the Company nor any of its directors, officers,employees or advisors, nor any other person makes any representationor warranty,express or implied, as to, and accordingly no reliance should be placed on, the fairness, accuracy or completenessof the information contained in the Presentationor of the views given or implied. Neither the Company nor any of its respectivedirectors, officers,employees or advisors nor any other person shall have any liability whatsoever for any errorsor omissions or any loss howsoever arising, directly or indirectly,from any use of this information or its contentsor otherwise arising in connection therewith. This Presentation is neither an advertisement nor a prospectus and does not, and is not intended to, constitute or form part of, and should not be construed as, an offer to sell, or a solicitation, invitation or inducement to purchase, subscribe for, under- write or otherwise acquire any securities of the Company,nor should it, or any part of it, form the basis of or be relied on in connectionwith or act as any inducement to enter into any contract to purchase or subscribe for any securities of the Company,nor shall it, or any part of it, form the basis of or be relied on in connectionwith any contract or commitmentor investment decision whatsoever. This Presentationand the information and opinions contained therein are selective in nature and do not purport to contain all information that may be required to evaluate the Company and/or its shares. The information and opinions contained in this Presentationare provided as of the date of this Presentationand may be subject to updating, revision, amendment or change without notice. Neither the Company nor any of its directors, officers, employees or advisors are under any obligation to update or keep current the information contained in this Presentationor to correct any inaccuracies in any such information which may become apparent or to provide any additional information whether as a result of new information, future events or otherwise. This Presentationcontains forward-looking statementsrelating to mattersthat are not historical facts. These statementsreflect the Company’s current knowledge, intentions and beliefs as well as its current expectations and projectionsabout future events, including the Company’s prospects, growth, strategies,the industry in which it operates and potential or ongoing acquisitions. Forward-looking statementscan be identified by the context of such statements or words such as “anticipate,”“believe”,“estimate”,“expect”,“forecast”, “intend”,“plan”, “project”,“target”, “may”, “will”, “would”, “could” or “should” or similar terminology. By their nature, forward-looking statementsare subject to a number of risks, uncertainties and assumptions, many of which are beyond the Company’s control, that could cause the Company’s actual results and performance to differ materially from and adversely affect any expected future results or performance expressed or implied by any forward-looking statements as a result of various factors (including global economic conditions,changed market conditions,competition, costs of compliance, changing political, legal, economic and other conditions). Forward-looking statementsshould not therefore be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Similarly, past performance should not be taken as an indication of future results, and no representation or warranty, express or implied, is made regarding future performance. In addition, even if the development of the Company’s prospects, growth, strategiesand the industry in which it operates are consistent with the forward-looking statementscontained in this Presentationor past performance, those developments may not be indicative of the Company’sresults, liquidity or financial position or of results or developments in subsequent periods not covered by this Presentation. The Company undertakes no obligation to release the results of any revisions to any forward-looking statementsin this Presentationthat may occur due to any change in its expectations or to reflect events or circumstances after the date of this Presentation. To the extent available, the industry and market data contained in this Presentationis derived from third-party sources. Third-party industry publications, studies and surveys generally statethat the data contained therein have been obtained from sources believed to be reliable, but that there is no guarantee of the accuracy or completenessof such data. In addition, certain information in this Presentationis selective and may not necessarily be representativefor the Company. Further,some of the industry and market data contained in this Presentationis derived from the Company’sown internal researchand estimates based on the knowledge and experience of the Company's management in the market in which the Company operates. While the Company believes that such research and estimates are reasonable and reliable,they, and their underlying methodology and assumptions, have not been verified by any independent source for accuracy or completenessand are subject to change without notice. Accordingly,no reliance should be placed on the industry or market data contained in this Presentation. Subject to limited exceptions described below, the information contained in this Presentationis not to be released, published, transmitted or distributed within or into the United States of America (“United States”),Australia, Canada or Japan and does not constitute an offer of securities for sale in any of these jurisdictions. Any securities offered by the Company have not been, and will not be, registeredunder the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States and such securities may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws. This Presentation does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person or in any jurisdiction to whom or in which such offer or solicitation is unlawful. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. 2JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025
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3 H1/Q2 2025 HIGHLIGHTS Hyva PMI fully on track. First synergies implemented. Exit of non-core cranes business prepared in Q2. SPA signed on Aug 11, 2025. Market share gains in Agriculture in APAC and South America as JOST signs new long-term contracts with agricultural OEMs. Market demand in EMEA stabilizes in Q2 2025 with order intake slowly increasing. Demand in the US slows down due to tariffs uncertainties. JOST continues growth plan driven by M&A and local market share gains, despite contracting global markets. JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Promissory note loan of €320m successfully placed in Q2 2025, increasing long-term loan maturity profile at attractive conditions.
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JOST SHOWS RESILIENCE AMID MARKET UNCERTAINTIES DRIVEN BY THE DIVERSIFICATION JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Sales in Q2 2025 up +31% to €391m supported by Hyva M&A effects (excl. cranes). Organic sales slightly down by -3% vs. Q2 2024. Adj. EBIT grew by +10% to €37m and adj. EBIT margin reached 9.5%, supported by a good operating performance and the classification of Hyva’s cranes business as discontinued operations. Hyva contributed positively to adj. EPS in Q2 2025, offsetting the sales-driven organic decline of earnings. As a result, adj. EPS in Q2 2025 increased by 3% to €1.41 vs. Q2 2024. Leverage at 2.78x, temporary above 2.5x due to dividend payout of €22m in Q2 2025. We expect to be below 2.5x again by end of 2025. Free cash flow in Q2 2025 declined to € +5m due to higher Working Capital. Driving factors were the Hyva consolidation, growing activity level in EMEA and stock increases due to tariffs supply chain uncertainties. Financial Highlights 4
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INDUSTRY MARKET DEVELOPMENT Q2 2025 VS. Q2 2024 Note: Market estimates based on LMC, Clear Consulting, ACT, OEM announcements, JOST estimates (as of August 2025) 5JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 APAC 0 – 5 % AMERICAS (25) – (20) % EMEA 0 – 5 % TRUCK (10) – (5) %(20) – (15) %0 – 5 % TRAILER 0 – 5 %(10) – (5) %(10) – (5) % TRACTORHYDRAULICS (5) – 0 %(10) – (5) %(5) – 0 %
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STRONG RESILIENCE THROUGH WIDE RANGE OF END MARKETS, PRODUCTS AND CUSTOMERS 6JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 48% 27% 25% SALES (CONT. OPERATIONS) BY DESTINATION H1 2025 (in % of sales) EMEA AMERICAS APAC 54% 18% 28% SALES (CONT. OPERATIONS) BY APPLICATION H1 2025 (in % of sales) Transport Agriculture Hydraulics
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EMEA1 – GROWTH DRIVEN BY M&A AND SLIGHT UPTICK IN MARKET DEMAND IN Q2 2025 + Positive M&A sales contribution from Hyva of €25m resulted in strong sales increase of +21% in Q2 2025 (excl. discontinued operations) + Market demand in Transport and Agriculture stabilized, leading to organic sales growth of ~4% vs. Q2 2024 + Order intake continued to gain some momentum in Q2 2025, but situation remains fragile + Minor FX tailwinds of 0.9pp for sales in EMEA in Q2 2025 + Profitability development supported by intended sales of the Cranes business and the excl. of discontinued operations + No short-time work used in Q2 2025 for European plants, which also supported profitability increase vs. prior year Q2 2024 - Region EMEA bears higher proportion of fixed costs, due to higher share of SG&A and R&D in overall staff EMEA 8 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 8.5 10.9 Q2 2024 Q2 2025 23.4 22.3 H1 2024 H1 2025 155 188 Q2 2024 Q2 2025 319 376 H1 2024 H1 2025 Reported Growth 7.3% 5.9% 5.4% 5.8%Adj. EBIT margin (%) Adj. EBIT growth (%) 17.9% -1.5% 3.7% -4.5% 29.3% 20.9% Organic Sales (€m)Adj. EBIT (€m) 1) Sales and adj. EBIT as well as organic sales development shown excl. discontinued operations from Cranes business
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AMERICAS1 – SOLID PROFITABILITY SHOWCASING BUSINESS RESILIENCE + M&A contribution of €24m from Hyva consolidation supported reported sales growth by +8% in Q2 2025 - Organic sales down -11% burdened by ongoing weak demand for trucks and trailers as well as for agricultural components in U.S. + Aftermarket share went up, but could not offset first-fit sales decline - Strong FX-headwinds of -5.9pp in Q2 2025, due to USD and BRL + Aftermarket share grew significantly, supporting profitability + Ongoing measures for cost-control and reduction of fix costs across all business lines to flex down costs to adapt to low market volumes + Consolidation of Hyva in line with expectations as integration progresses further - Strong FX-headwinds due to strong EUR as well as direct tariff impacts putting pressure on EBIT margins in AMERICAS Americas 9 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Adj. EBIT (€m) 15.7 11.3 Q2 2024 Q2 2025 25.0 22.0 H1 2024 H1 2025 96 103 Q2 2024 Q2 2025 187 202 H1 2024 H1 2025 Reported Growth 13.4% 10.9% 16.3% 11.0% Adj. EBIT margin (%) Adj. EBIT growth (%) 7.9% -13.3% -11.1% -12.2% -27.7% 7.5% Organic Sales (€m) 1) Sales and adj. EBIT as well as organic sales development shown excl. discontinued operations from Cranes business
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APAC1 – GROWTH BOOSTED BY STRONG HYVA POSITION IN ASIA AND SLIGHT MARKET SHARE GAINS IN AGRICULTURE + Strong M&A contribution of €60m from Hyva, more than doubling sales in Q2 2025 vs. prior year + Growth of agricultural business in APAC continues as JOST’s market penetration grows further, gaining market shares with new products - Weak Transport business in India and the Pacific region resulted in organic sales decline by -10% in Q2 2025; China business robust driven by export - Strong FX-headwinds of -5.1pp impacted sales in the region in Q2 + High capacity utilization of agricultural production in Chennai, India, offsets lower utilization of plant for Transport products + Plant consolidation of agricultural production into JOSTs’ Ningbo plant in China continues to provide synergies that support profitability + Profitability development of Hyva in line with expectations after consolidation of Hyva (pre-synergies) APAC 10 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Sales (€m)Adj. EBIT (€m) 7.6 13.6 Q2 2024 Q2 2025 16.0 26.4 H1 2024 H1 2025 47 99 Q2 2024 Q2 2025 91 187 H1 2024 H1 2025 Reported Growth 17.6% 14.1% 16.2% 13.7% Adj. EBIT margin (%) Adj. EBIT growth (%) 105.5% -9.9% -10.2% 64.9% 80.7% 113.3% Organic 1) Sales and adj. EBIT as well as organic sales development shown excl. discontinued operations from Cranes business
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GROUP1 – CONSOLIDATION OF HYVA DRIVES SALES AND EARNINGS 11 + Positive M&A contribution in hydraulics of €109m in Q2 2025 (excl. 5 months disc. operations of cranes business, Feb-June 2025) - Global demand still below prior year, but stabilizing in EMEA, with JOST’s organic sales declining only by -3% in Q2 + Pick-up in order intake in EMEA and China continue but sustainability of improvement remains uncertain - FX-headwinds of -2.2pp burdened sales development + Profitability was supported by the intended sales of Hyva’s cranes business and the resulting deduction of the discontinued operations + Ongoing cost control paired with active portfolio management helped to offset organic decline of top-line + Wide mix of end-industries, products, customers and regions increased flexibility, allowing us to offset negative market dynamics + Resilient aftermarket business continued to support profitability group 11 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Sales (€m)Adj. EBIT (€m) Reported Growth Adj. EBIT margin (%) Adj. EBIT growth (%) Organic 11.5% 9.5% 442 412 155 140 213 H1 2024 H1 2025 -10% 764 -6.5% 6.5% 28.1% 597 68.4 72.8 H1 2024 H1 2025 -7% 11.3% 9.5% 218 207 80 75 109 Q2 2024 Q2 2025 -7% 391 -3.2% 9.8% 31.0% 298 33.8 37.0 Q2 2024 Q2 2025 -5% AgricultureTransport Hydraulics 1) Sales and adj. EBIT as well as organic sales development shown excl. discontinued operations from Cranes business
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SALES DEVELOPMENT INCL. DISCONTINUED OPERATIONS FROM CRANES BUSINESS 12 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 405 376 29 Continuing H1 2025 Discontinued H1 2025 EMEA total H1 2025 EMEA 207202 5 Continuing H1 2025 Discontinued H1 2025 AMERICAS total H1 2025 AMERICAS 191187 4 Continuing H1 2025 Discontinued H1 2025 APAC total H1 2025 APAC 802 764 38 Continuing H1 2025 Discontinued H1 2025 Group total H1 2025 Adj. EBIT margin (%) 9.5% 9.1% Sales (m€) group
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ADJUSTED NET INCOME AND ADJUSTED EPS Reported net income declined to €20m (H1 2024: €34m). Reported EPS declined to €1.33 (H1 2024: €2.31) − PPA D&A adjustment grew to €-27m (H1 2024: €-12m) due to Hyva PPA, inventory step-ups and addition of regular depreciation of trademarks − Other exceptionals amounted to €-6m (H1 2024: €-3m) due to one-off integration and transaction fees incl. lay-off expenses Adj. net income stable at €46m (H1 2024: €46m). Hyva offset organic-sales driven decline (-6.5%) of adj. net income in H1 2025. Adj. EPS thus reached €3.06 (H1 2024: €3.07) − Adj. net earnings to sales ratio reached 6.0% (H1 2024: 7.8%) 46 46 20 7 12 40 27 6 73 -12 -15 Net Income H1 2025 Taxes H1 2025 Finance Result H1 2025 EBIT H1 2025 D&A of PPA Other Exceptionals Adj. EBIT H1 2025 Finance Result H1 2025 Adj. Tax Rate Adj. Net Income H1 2025 Adj. Net Income H1 2024 income 13 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025
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PRELIMINARY HYVA PPA - IMPACT ON BALANCE SHEET 14 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 • Goodwill amount is ~ €76m (at acquisition date), reflecting latest valuation results out of the almost finalized PPA (Purchase Price Allocation), incl. fair value of Hyva Crane inventory. • JOST decided to start regular PPA amortization of acquired trademarks (prospective effects). • The preliminary purchase price incl. cash and debt positions amounts to ~ €327m in cash. After settlement of receivables vs. former shareholder net cash proceeds have been ~ €309. Minus cash, plus interest bearing debt leads to EV of €373m. • Preliminary valuation of intangible assets identified ~ €248m. The two main identified intangible asset groups are trademarks as well as customer relationships. • Org. amounts are in USD – FX effects incl. Acquired assets & liabilities after preliminary PPA (31st January 2025) – [in m€] Comments 19 19 112 125 43 248 76 40 Assets Goodwill Intangible assets Property, plant and equipment Inventories Trade receivables Deferred Tax Assets Cash and cash equivalents 682 128 111 73 327 22 22 Equity & Liablities Equity Loans and borrowings Lease liabilities Deferred Tax Liabilities Personell and other provisions Trade payables Other assets and liabilities 682 PPA of intangible assets still ongoing and changes might occur
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PRELIMINARY HYVA PPA - IMPACT ON P&L AND EXCEPTIONALS IN H1 15 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Profit & Loss H1-2025 • #1: D&A from new Hyva PPA amounted to €-7.5m in H1 2025. This includes ~€ -1.8m PPA on order backlog (expected ~€ -4.0m order backlog in FY2025 which will fully phase out in 2025). The regular trademark amortization has been incorporated as well. • #2: € -6.8m adjustments resulted from the utilization of inventories step-up. Further ~ €-8m are planned for the remaining fiscal year. This effect will fully phase out during 2025. • Exceptionals in H1 2025 amount to € -6.4m (H1-24: € -3.1m) and are almost fully related to Hyva integration process. • 2025 full year net income impact from #1 and #2 will be ~€-28m and 2026ff ~€-15m, depending on final valuation results. P&L impacts from PPA and Exceptionals in H1 2025 – [in €m] Comments -12.4 -12.0 -6.4 -3.1 -6.8 -7.5 H1 2025 -1.1 H1 2024 -33.2 -15.0 Exist. PPA JOST Exceptionals Inventory step-up "PPA" 2025 New PPA Hyva #1 #2
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195 274 148 224 -133 -221 H1 2024 H1 2025 17.7% 17.5% CASH FLOW AND WORKING CAPITAL DEVELOPMENT 16 Free cash flow1 (€m) Net working capital (€m) CAPEX (€m) InventoryTrade receivables 60.6 49.3 H1 2024 H1 2025 13.8 17.3 H1 2024 H1 2025 Trade payables 2.3% 2.3%Capex3 (% of sales) 1.3 1.1Cash conversion rate2 1 Free cash flow = Operating cash flow – capex (excl. M&A) 2 Cash conversion = Free cash flow/adj. Net Income 3 Capex = Payments to acquire property, plant and equipment + payments to acquire intangible assets NWC (% of sales) - Operative cash flow went down compared to prior year, due to Working Capital increase, especially in Q2 2025 as activity levels in EMEA recover and safety stock levels rise due to tariffs uncertainties. + Cash conversation rate in H1 2025 remained above long-term target range of ≥1, though it went down to 0.2 in Q2 2025 + Capex (excl. M&A) stable at 2.3% of sales and below FY25 threshold of 2.9% mostly due to phasing in the investment projects planned - Working Capital increased partially due to consolidation of Hyva but also due to growing activity level in EMEA + Positive factoring contribution to trade receivables + NWC in % sales improved to 17.5% as the increase in Working Capital was offset by the M&A supported sales growth JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 CASH FLOW
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268 643 -140 -150 Dec 31, 2024 June 30, 2025 ROCE, EQUITY RATIO AND LEVERAGE DEVELOPMENT - Increase in financial liabilities needed to finance acquisition of Hyva resulted in an expected decline in ROCE, compared to year-end + Positive adj. EBIT contribution from Hyva partially offset organic revenue-driven decline of adj. EBIT, supporting ROCE - Increase in current and noncurrent liabilities following the acquisition of Hyva led to a decline of the equity ratio to 21% - FX translation effects (mainly USD devaluation vs EUR) of €-57m in H1 impacted equity development negatively (-3.4ppt ratio driven by FX) ROCE1 (%) Net debt2 (€m) - Net debt grew to €493m following the debt-financed acquisition of Hyva and dividend payout of €22m in Q2 2025 + Leverage temporary above the targeted 2.5x mark, mostly driven by dividend payout in Q2 2025 and lower FCF due to WC increases to support higher activity level in EMEA and protect supply chain in the U.S. Equity ratio (%) 1 ROCE=LTM adj. EBIT (incl. acquisitions LTM) / interest-bearing capital employed (interest-bearing capital = equity + financial liabilities [excl. refinancing costs] – liquid assets + provisions for pensions) 2 Net debt = interest bearing capital [excl. refinancing costs] – liquid assets 3 Leverage = Net debt/LTM adj. EBITDA [LTM adj. EBITDA H1 2025= € 178m (incl. acquisitions LTM); LTM adj. EBITDA H1 2024 = € 168m ] 0.86xLeverage³ Interest-bearing capital Liquid assets 17.1% 13.0% Dec 31, 2024 June 30, 2025 40.4% 21.3% Dec 31, 2024 June 30, 2025 2.78x €493m€128m -4.1pp BALANCE SHEET 17 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 -19.1pp
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outlook 2025
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MARKET DEVELOPMENT EXPECTATIONS FOR 2025 (INDUSTRY VOLUME) Note: Market estimates based on LMC, Clear Consulting, ACT, OEM announcements, JOST estimates (as of August 2025) 19 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 APAC Chinese truck OEMs grow with exports to Global South. Truck demand in India and the Pacific region decline further. 5 – 10 % AMERICAS Market uncertainty worsens, driven by persistent tariff discussions, stalling investments in Class 8 trucks. (25) – (30) % EMEA Demand stable on prior’s year level with slight positive momentum expected in H2. 0 – 5 % TRUCK Trailer production in India remains weak, slowing down market expectations. China on prior’s year level. 0 – 5 % Market uncertainty worsens, driven by persistent tariff discussions, stalling investments in trailers. (25) – (20) % Market shows signs of recovering after two very weak years, as fleets replacement needs grow. 0 – 5 % TRAILER Demand for agricultural tractors expected to stagnate, affected by the slow -down in the Indian market. (5) – 0 % Tariff uncertainties and high interest rates slow down investments in AG equipment, leading to further demand decline. (15) – (10) % Demand for agricultural tractors expected to stabilize at low prior year’s volumes. (5) – 0 % TRACTORHYDRAULICS China shows strong growth with exports to Global South regions. India’s infrastructure and mining investment remains weak. 0 – 5 % North America impacted by tariff uncertainties. South America economy cooling down and high interest rates stall investments. (10) – (5) % Weak market signs for Europe, except for OEMs increasing H2 capacity in the Defense sector. MEA maintains strong growth. 0 – 5 %
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OUTLOOK FY 2025 CONFIRMED 20 Sales (cont. operations) Adj. EBIT (cont. operations) Adj. EBITDA (cont. operations) Capex (in % of sales) 1 Working Capital 1: Excluding M&A JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Up by 40% to 50% vs. prior year (2024: €1,069m) Up by 23% to 28% vs. prior year (2024: €113m) Up by 23% to 28% vs. prior year (2024: €148m) Approx. 2.9% of sales (2024: 3.1%) Below 18.5% of sales (2024: 15.3%) Outlook 2025 Outlook 2025 incl. discontinued operations remains unchanged with sales expected to grow by 50%-60% vs. 2024 and adj. EBIT expected to increase by 25%-50% vs. prior year, subject to timing of closing.
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21 EXECUTIVE SUMMARY Disposal of cranes business successfully prepared. SPA signed on August 11, 2025. Closing expected in Q4 2025. Upside potential for EMEA and Agricultural business. Tariffs uncertainties affect AMERICAS and weak Indian market slows down APAC recovery. Local-for-local approach, strong market access worldwide and high customer diversification limit impact from tariffs and shifts in regional demand. Hyva PMI integration well on track, with clear focus on core business to generate profitable growth. Outlook 2025 confirmed. Outlook for continuing operations (excl. cranes) specified. JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Solid Q2 2025 results amid market uncertainties, proving success of JOST’s resilient business model.
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Appendix Questions
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HISTORICAL SEASONALITY DEVELOPMENT OF JOST’S SALES AND ADJUSTED EBIT BY QUARTER 23 Sales (€m) Adj. EBIT (€m) / Adj. EBIT Margin (%) 192 175 197 231 257 273 252 266 312 322 327 304 342 330 292 286 299 298 246 226 374 391 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2020 2021 2022 2023 2024 2025 15 11 20 27 30 30 24 21 34 32 30 27 40 37 33 30 35 34 27 18 36 37 7.7% 6.3% 10.3% 11.7%11.6% 11.0% 9.6% 7.8% 11.0% 10.0% 9.3% 8.9% 11.6% 11.3% 11.4% 10.6% 11.6% 11.3% 10.8% 8.0% 9.6% 9.5% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2020 2021 2022 2023 2024 2025 JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Note: Sales and adj. EBIT as well as organic sales development shown excl. discontinued operations from Cranes business
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SHAREHOLDER STRUCTURE AND SHARE INFORMATION Shareholder structure as of August 14, 2025 24JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 ISIN DE000JST4000 Trading symbol JST German Sec. Code Number (WKN) JST400 Shares in issue 14,900,000 Index SDAX Listed since July 20, 2017 20% 10% 10% 5% 55% PMB Management FMR LLC Kempen Other Allianz Global Investors Share information JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025
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BUSINESS STEERING ADJUSTED TO BE READY FOR HYVA INTEGRATION AND AMBITION 2030 TARGETS 25JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025 Group steering streamlined into three (new) regions: AMERICAS (North and South America), EMEA (Europe, Middle East and Africa) and APAC (Asia, Pacific and Oceania) Each region is headed by a regional Top Management Team developing and implementing regional initiatives to drive our Ambition 2030 strategy forward (Regional Fitness and Growth) Three Business Lines develop and steer the strategic global product and market roadmap (Transport, Agriculture, Hydraulics) Sales from Hyva group will be consolidated within the Business Line Hydraulics Group Executive Board (CEO, CFO, COO) Business Line TRANSPORT Business Line AGRICULTURE Business Line HYDRAULICS EMEA AMERICAS APAC
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UPCOMING INVESTOR EVENTS 26 INVESTOR RELATIONS CONTACT ROMY ACOSTA Head of Investor Relations E-MAIL: romy.acosta@jost-world.com PHONE: +49-6102-295-379 FAX: +49-6102-295-661 JOST Werke SE SIEMENSSTRASSE 2 63263 NEU-ISENBURG GERMANY WWW.JOST-WORLD.COM Aug 14, 2025 Sept 4, 2025 Sept 23, 2025 Sept 24, 2025 Nov 13, 2025 D ec 1 , 2 0 2 5 Publication of Q2 2025 Interim Report ODDO BHF Sector Conference 2025, Frankfurt/Germany Baader Investment Conference 2025, Munich/Germany Berenberg 14th Germany Corporate Conference, Munich/Germany Publication of Q3 2025 Interim Report Berenberg European Conference, London/UK JOST Werke SE I Earnings Conference H1 2025 / Q2 2025 – 14 August 2025