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1 MOTION CONTROL Q2 FY2025 RESULTS ANALYST & INVESTOR WEB CONFERENCE MAY 5, 2025 MOTION CONTROL
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2 DISCLAIMER Stabilus SE (the “Company“, later “Stabilus”) has prepared this presentation solely for your information. It should not be treat ed as giving investment advice. Neither the Company, nor any of its directors, officers, employees, direct or indirect shareholders and advisors nor any other p erson shall have any liability whatsoever for any direct or indirect losses arising from any use of this presentation. While the Company has taken all reasonable care to ensure that the facts stated in this presentation are accurate and that th e opinions contained in it are fair and reasonable, this presentation is selective in nature. Any opinions expressed in this presentation are subject to change w ithout notice and neither the Company nor any other person is under any obligation to update or keep current the information contained in this presentation . Where this presentation quotes any information or statistics from any external source, you should not interpret that the Company has adopted or endorsed such information or statistics as being accurate. This presentation contains forward-looking statements, which involve risks, uncertainties and assumptions that could cause actual results, performance or events to differ materially from those described in, or expressed or implied by, such statemen ts. These statements reflect the Company’s current knowledge and its expectations and projections about future events and may be identified by the context of such statements or words such as “anticipate,” “believe”, “estimate”, “expect”, “intend”, “plan”, “project” and “target”. No obligation is assumed to update a ny such statement. Numbers were rounded to one decimal. Due to rounding, numbers presented may not add up precisely to the totals provided.
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3 KEY TAKEAWAYS In Q2 FY25, revenue increased by 7.8% y/y due to consolidation of Destaco. Excluding acquisition and currency translation effects, group revenue declined by 5.0%. Adj. EBIT1 11.2% in Q2 FY25 and 11.4% in H1 FY25. Our initiatives to further improve robustness and resilience are ongoing. We are taking precautionary measures to prevent and mitigate the negative impact from the current U.S. trade tariffs policy. The market environment continues to be challenging; we expect our revenues and earnings to be back-end loaded. We confirm our guidance given on December 9, 2024: For FY2025 we expect group revenues of €1.3bn - €1.45bn, adj. EBIT margin of 11% - 13% and adj. FCF of €90m - €140m. 1 See list of acronyms in appendix.
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4 DESTACO PERFORMANCE IN Q2 AND H1 FY25 Q2 FY25 (Jan-March) Actual H1 FY25 (Oct-March) Actual LTM1 (Apr-March) Actual Revenue 46.7 91.7 187.1 EBIT 8.8 17.1 36.6 % revenue 18.8% 18.6% 19.6% FCF 5.0 8.5 36.0 % revenue 10.7% 9.3% 19.2% INDUSTRIAL AUTOMATION (DESTACO) (€M) 1 See list of acronyms in appendix.
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5 DESTACO – PART OF STABILUS GROUP FOR THE LAST 12M Destaco has been part of Stabilus Group for the last twelve months. Major integration tasks are largely completed. Ongoing projects are on track: further localization of production, stronger focus on industrial market segments, introduction of new products. In the last twelve months, the company has generated €187.1m revenues, €36.6m EBIT (19.6% of revenue) and €36.0m FCF (19.2% of revenue). Sales and cost synergies in H1 FY25 amounted to €4.5m and €0.6m, respectively. The acquisition expands Stabilus product portfolio, increases diversification and robustness, strengthens the Group’s industrial machinery and automation business.
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6 3.7 18.1 Q2 FY24 Q2 FY25 18.1 11.2 Q2 FY24 Q2 FY25 38.9 37.7 Q2 FY24 Q2 FY25 313.5 338.0 Q2 FY24 Q2 FY25 STABILUS GROUP IN Q2 FY2025 HIGHER REVENUE DUE TO DESTACO CONSOLIDATION REVENUE (€M) ADJ. EBIT (€M) ADJ. FCF (€M)PROFIT (€M) Revenue 7.8% y/y › Organic -5.0%, M&A +14.9%, FX -2.1% y/y › M&A effect: Destaco €46.7m › Organic growth in IMA1 and DIAMEC, largely offset by decline in other market segments Adj. EBIT margin 1.2pp y/y › Adj. EBIT -3.1% y/y: Organic -24.2%, M&A +22.6%, FX -1.5% › M&A: Destaco €8.8m (18.8% EBIT margin) › Incurred integration cost €0.6m Profit margin 2.5pp y/y › Higher selling expenses, finance costs (interest expenses and net fx losses) › One-off reorganization expenses Adj. FCF % revenue 4.2pp y/y › M&A: Destaco €5.0m › Adjustments to FCF €2.0m (PY €638.2m) › Reduced NWC, lower income tax payments, partly offset by higher capex y/y % revenue % revenue% margin 1 See list of acronyms in appendix. + 389.2% 1.2% 5.4% - 38.1% 5.8% 3.3%11.2% - 3.1% 12.4% + 7.8% % organic growth - 5.0%
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7 39.9 27.0 H1 FY24 H1 FY25 30.2 25.5 H1 FY24 H1 FY25 72.2 75.5 H1 FY24 H1 FY25 618.9 663.9 H1 FY24 H1 FY25 STABILUS GROUP IN H1 FY2025 REVENUE AND EARNINGS INCREASE DRIVEN BY DESTACO CONSOLIDATION REVENUE (€M) ADJ. EBIT (€M) ADJ. FCF (€M)PROFIT (€M) Revenue 7.3% y/y › Organic -5.3%, M&A +14.8%, FX -2.2% y/y › M&A effect: Destaco €91.7m › Growth in IMA1 and DIAMEC largely offset by decline in other market segments Adj. EBIT margin 30bp y/y › Adj. EBIT +4.6% y/y: Organic -17.7%, M&A +23.5%, FX -1.2% › M&A: Destaco €17.1m (18.6% EBIT margin) › Incurred integration cost €1.5m Profit margin 1.1pp y/y › Higher profit from operating activities (EBIT) partly offset by higher finance costs y/y Adj. FCF % revenue 2.3pp y/y › M&A: Destaco €8.5m › Adjustments to FCF €4.0m (PY €641.9m) › Higher capex by €9.4m or 25.6% y/y % revenue % revenue% margin 1 See list of acronyms in appendix. - 32.3% 6.4% 4.1% - 15.6% 4.9% 3.8%11.4% + 4.6% 11.7% + 7.3% % organic growth - 5.3%
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8 BUSINESS DEVELOPMENT BY REGION IN Q2 FY25 AMERICAS EMEA ASIA-PACIFIC 11.5% 90bp y/y 10.3% 130bp y/y 12.2% 470bp y/y Revenue 16.8% y/y 4.8% y/y 0.7% y/y adj. EBIT margin Revenue increase in Americas and EMEA due to the consolidation of Destaco.
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9 109.3 127.7 Q2 FY24 Q2 FY25 11.6 14.7 Q2 FY24 Q2 FY25 REVENUE (€M) AMERICAS: HIGHER REVENUE AND EARNINGS, DRIVEN BY DESTACO CONSOLIDATION Revenue 16.8% y/y › Organic -2.6%, M&A +25.8%, FX -6.4% › M&A: Destaco €28.2m › Lower organic revenues in Automotive, CV1, HRF, and EC, partially offset by organic growth in DIAMEC, IMA and AMR ADJ. EBIT (€M) 1 See list of acronyms in appendix. 11.5%10.6% % margin Adj. EBIT margin 90bp y/y › Adj. EBIT +26.7% y/y: Organic -10.4%, M&A +43.1%, FX -6.0% y/y › M&A: Destaco €5.0m + 26.7% + 16.8% % organic growth - 2.6%
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10 16.0 14.9 Q2 FY24 Q2 FY25 137.5 144.1 Q2 FY24 Q2 FY25 11.6% 10.3% Revenue 4.8% y/y › Organic -4.8%, M&A +9.7%, FX -0.1% › M&A: Destaco €13.4m › Lower revenues in Automotive, AMR, CV, HRF, partly offset by growth in DIAMEC 1 (spare parts); organic revenues in EC and IMA stable at prior- year level REVENUE (€M) EMEA: REVENUE GROWTH DRIVEN BY ACQUISITION ADJ. EBIT (€M) % margin 1 See list of acronyms in appendix. Adj. EBIT margin 130bp y/y › Adj. EBIT -6.9% y/y: Organic -24.4%, M&A +17.5%, FX 0.0% y/y › M&A: Destaco €2.8m + 4.8% - 6.9% % organic growth - 4.8%
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11 11.3 8.1 Q2 FY24 Q2 FY25 66.7 66.2 Q2 FY24 Q2 FY25 Revenue 0.7% y/y › Organic -9.1%, M&A +7.6%, FX +0.8% › M&A: Destaco €5.1m › Lower revenues in Automotive, AMR1, and DIAMEC, partly offset by organic growth in CV, HRF and IMA; EC revenues at prior-year level Adj. EBIT margin 470bp y/y › Adj. EBIT -28.3% y/y: Organic -37.2%, M&A +8.0%, FX +0.9% y/y › M&A: Destaco €0.9m APAC: REVENUE AND EARNINGS IMPACTED BY WEAKER AUTOMOTIVE BUSINESS REVENUE (€M) ADJ. EBIT (€M) % margin - 0.7% 16.9% 12.2% - 28.3% 1 See list of acronyms in appendix. % organic growth - 9.1%
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12 BUSINESS DEVELOPMENT BY MARKET SEGMENT IN Q2 FY25 ICON MARKET SEGMENT % CHANGE Y/Y Automotive (AGS and APR) 9% Industrial Machinery & Automation (IMA) 447%1 Distributors, Independent Aftermarket, E- commerce (DIAMEC) 6% Commercial Vehicles (CV) 9% Health, Recreation & Furniture (HRF) 14% Energy & Construction (EC) 18% Aerospace, Marine & Rail (AMR) 9% Despite the challenging market environment, IMA and DIAMEC grew in Q2 FY25 y/y. 54% 17% 13% 8% 4% 2% 2% Q2 FY25 €338.0m 1 The significant increase is due to the consolidation of Destaco (€46.7m revenue in Q2 FY25). Change excl. Destaco: +7% y/y. AGS 25% APR 29%
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13 NET LEVERAGE RATIO AT 2.97 AS OF END MARCH 2025 330.0 274.4 199.2 189.1 172.3 107.0 88.4 64.9 668.4 696.3 2.5 1.5 1.1 1.0 1.2 0.6 0.4 0.3 2.8 2.97 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 H1 FY25 Net financial debt as of end of quarter in €m | Net leverage ratio = net financial debt / LTM adj. EBITDA › Net financial debt and net leverage ratio slightly up vs. end FY24. › As of end H1 FY25, the net leverage ratio amounted to 2.97. › Our goal is to reduce net leverage ratio well below 2.0 within the next two to three years. › Our mid-term target leverage ratio is 1.0.
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14 NWC/REVENUE RATIO STABLE ON THE LEVEL OF 20% 236.7 251.1 228.1 251.2 240.3 251.0 216.8 284.2 287.8 267.3 280.6 273.8 23.1% 22.5% 19.6% 21.1% 19.6% 20.7% 17.6% 20.0% 20.3% 19.1% 20.4% 20.3% Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 NWC as of end of quarter in €m | NWC/revenue ratio = NWC in % of LTM revenue › NWC/revenue ratio at 20.3%. › Our forecast for NWC in FY2025: 17%-20% of LTM revenue.
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15 INVESTMENT FOCUS ON INNOVATIVE NEW PRODUCTS SUCH AS DOOR ACTUATORS 45.1 47.5 56.5 47.6 40.6 45.1 73.7 82.9 46.1 5.0% 4.9% 5.9% 5.8% 4.3% 4.0% 6.1% 6.3% 6.9% FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 H1 FY25 Capital expenditure (CAPEX) in €m | Capex in % revenue › Investment focus in Q1 FY25: radar technology, smart door actuation and automation of production facilities. › The investments in automation and efficiency reached its peak in FY2024 and will phase out in FY2025. › Our forecast for total capex in FY2025: c. 6% of revenue (thereof c. €60m for PPE).
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16 WE CONFIRM OUR GUIDANCE FOR FY2025 FY2024 Actual FY2025 Forecast Revenue €1,305.9m €1.3bn - €1.45bn Adj. EBIT margin 12.0% 11% - 13% Adj. FCF €132.8m €90m - €140m › The market environment continues to be challenging. › The range of our expectations reflects higher macroeconomic and geopolitical uncertainty. › We expect the FY2025 earnings to be back-end loaded.
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17 IMPACT OF U.S. TARIFFS The imposed tariffs disrupt global supply chains, reduce visibility and increase uncertainty. Stabilus Group has taken precautionary measures to mitigate the negative impact from additional tariffs, to protect its market shares and margins. Lower visibility on customer demand and customer capex decisions. Based on the current tariff legislation in the U.S. and other countries, we estimate the additional tariff payments in FY2025 in the range of €5m to €10m. Mitigating actions: pricing adjustments, sourcing optimization.
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18 SUMMARY AND OUTLOOK Despite the challenging market environment, Stabilus showed higher revenues in Q2 FY25. We continue to work on NWC1 reductions and CAPEX optimization. Stabilus Group’s approach is being “in region – for the region”, “local for local”. The impact of the global trade conflict and the risk of additional tariff payments is limited. Based on current tariff legislation and assuming that the trade conflict does not escalate and deteriorate further, we confirm our guidance for FY2025. We continue to pursue our long-term strategy STAR 2030, focusing on profitable and sustainable growth, customer and employee satisfaction, innovation and sustainability. 1 See list of acronyms in appendix.
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19 CAPITAL MARKETS DAY IN KOBLENZ ON JUNE 4, 2025 INVITATION TO INVESTORS AND ANALYSTS We are pleased to invite investors and analysts to a Capital Markets Day (CMD) in Koblenz on June 4, 2025. At the CMD, Stabilus management will provide an update on current developments in operating segments and business units, the integration of Destaco and the progress of the STAR 2030 strategy. Registration: group.stabilus.com/registrationcmd25 Date and time: Wednesday, June 4, 2025, 09:00 – 16:00 CEST Location: Rhein-Mosel-Halle, Julius-Wegeler-Straße 4, 56068 Koblenz Planned CMD structure: 09:00 Welcome 09:30 Start of factory tour (optional) 11:30 Start of presentations 16:00 End of presentations and Q&A sessions
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20 MOTION CONTROL Q&A SESSION
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21 MOTION CONTROL APPENDIX
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22 REVENUE AND ADJUSTED EBIT MARGIN BY QUARTER 110.2 118.4 78.1 104.5 113.6 127.3 117.3 105.8 105.5 124.9 118.4 120.7 109.2 137.2 129.9 120.4 118.2 137.5 140.9 128.7 125.4 144.1 90.4 82.7 42.3 84.3 84.4 84.4 75.4 79.4 77.2 95.2 97.6 117.4 109.2 114.0 109.9 117.4 99.1 109.3 133.9 126.7 113.7 127.730.8 20.0 26.7 34.0 37.4 32.3 36.0 44.5 61.1 61.0 55.1 82.2 72.3 59.5 66.7 69.7 88.1 66.7 75.9 80.8 86.9 66.2 231.4 221.0 147.0 222.8 235.4 244.0 228.7 229.6 243.7 281.2 271.1 320.3 290.7 310.6 306.5 307.5 305.4 313.5 350.7 336.3 326.0 338.0 12.3% 13.1% 2.3% 11.1% 13.0% 15.3% 13.4% 16.0% 10.3% 11.8% 10.1% 14.1% 4.8% 12.3% 14.7% 15.9% 8.4% 11.6% 12.8% 8.3% 8.9% 10.3% 13.9% 19.0% -0.9% 14.7% 13.2% 16.1% 12.9% 11.6% 7.1% 14.3% 15.3% 15.1% 11.0% 13.2% 10.6% 8.6% 5.3% 10.6% 11.2% 12.5% 8.5% 11.5% 13.0% -0.5% 16.1% 17.1% 17.4% 14.9% 15.3% 17.3% 21.1% 17.7% 20.0% 18.1% 21.3% 15.0% 16.8% 19.9% 20.4% 16.9% 13.2% 18.9% 19.4% 12.2% 13.0% 14.1% 3.9% 13.4% 13.7% 15.6% 13.5% 14.7% 12.0% 14.0% 14.0% 15.5% 11.2% 13.1% 13.7% 14.0% 10.9% 12.4% 12.3% 12.5% 11.6% 11.2% Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 adjusted EBIT margin in % revenue in €m Group EMEA APAC AMER
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23 REVENUE (€M) REVENUE THREE MONTHS ENDED MARCH 31, 2025 Q2 FY2024 Actual Q2 FY2025 Actual Change % change Acquisition effect Currency effect Organic growth Automotive Gas Spring 33.0 31.7 (1.3) (3.9)% 0.0% 0.0% (3.9)% Automotive Powerise 29.6 27.9 (1.7) (5.7)% 0.0% (0.1)% (5.6)% Industrial Components 74.9 71.1 (3.8) (5.1)% 0.0% (0.3)% (4.8)% Industrial Automation (Destaco) - 13.4 13.4 n/a n/a n/a n/a EMEA 137.5 144.1 6.6 4.8% 9.7% (0.1)% (4.8)% Automotive Gas Spring 30.6 28.7 (1.9) (6.2)% 0.0% (5.2)% (1.0)% Automotive Powerise 45.3 38.5 (6.8) (15.0)% 0.0% (13.5)% (1.5)% Industrial Components 33.4 32.3 (1.1) (3.3)% 0.0% 2.1% (5.4)% Industrial Automation (Destaco) - 28.2 28.2 n/a n/a n/a n/a AMERICAS 109.3 127.7 18.4 16.8% 25.8% (6.4)% (2.6)% Automotive Gas Spring 23.8 23.8 - 0.0% 0.0% 0.9% (0.9)% Automotive Powerise 37.1 31.3 (5.8) (15.6)% 0.0% 0.7% (16.3)% Industrial Components 5.8 6.0 0.2 3.4% 0.0% 0.8% 2.6% Industrial Automation (Destaco) - 5.1 5.1 n/a n/a n/a n/a APAC 66.7 66.2 (0.5) (0.7)% 7.6% 0.8% (9.1)% Total Automotive Gas Spring (AGS) 87.3 84.2 (3.1) (3.6)% 0.0% (1.6)% (2.0)% Total Automotive Powerise (APR) 112.0 97.8 (14.2) (12.7)% 0.0% (5.2)% (7.5)% Total Industrial Components (IC) 114.2 109.3 (4.9) (4.3)% 0.0% 0.5% (4.8)% Total Industrial Automation (Destaco) - 46.7 46.7 n/a n/a n/a n/a Total 313.5 338.0 24.5 7.8% 14.9% (2.1)% (5.0)%
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24 REVENUE (€M) REVENUE SIX MONTHS ENDED MARCH 31, 2025 H1 FY2024 Actual H1 FY2025 Actual Change % change Acquisition effect Currency effect Organic growth Automotive Gas Spring 63.2 60.7 (2.5) (4.0)% 0.0% 0.0% (4.0)% Automotive Powerise 58.3 54.0 (4.3) (7.4)% 0.0% (0.1)% (7.3)% Industrial Components 134.3 128.4 (5.9) (4.4)% 0.0% (0.3)% (4.1)% Industrial Automation (Destaco) - 26.3 26.3 n/a n/a n/a n/a EMEA 255.8 269.4 13.6 5.3% 10.3% (0.2)% (4.8)% Automotive Gas Spring 58.3 54.2 (4.1) (7.0)% 0.0% (5.2)% (1.8)% Automotive Powerise 84.7 68.3 (16.4) (19.4)% 0.0% (11.8)% (7.6)% Industrial Components 65.4 64.5 (0.9) (1.4)% 0.0% (1.3)% (0.1)% Industrial Automation (Destaco) - 54.4 54.4 n/a n/a n/a n/a AMERICAS 208.4 241.4 33.0 15.8% 26.1% (6.7)% (3.6)% Automotive Gas Spring 55.3 53.6 (1.7) (3.1)% 0.0% 0.7% (3.8)% Automotive Powerise 87.7 75.9 (11.8) (13.5)% 0.0% 0.6% (14.1)% Industrial Components 11.8 12.6 0.8 6.8% 0.0% 0.8% 6.0% Industrial Automation (Destaco) - 11.0 11.0 n/a n/a n/a n/a APAC 154.8 153.1 (1.7) (1.1)% 7.1% 0.6% (8.8)% Total Automotive Gas Spring (AGS) 176.8 168.5 (8.3) (4.7)% 0.0% (1.5)% (3.2)% Total Automotive Powerise (APR) 230.7 198.2 (32.5) (14.1)% 0.0% (4.1)% (10.0)% Total Industrial Components (IC) 211.4 205.5 (5.9) (2.8)% 0.0% (0.5)% (2.3)% Total Industrial Automation (Destaco) - 91.7 91.7 n/a n/a n/a n/a Total 618.9 663.9 45.0 7.3% 14.8% (2.2)% (5.3)%
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25 ADJUSTED EBIT (€M) ADJUSTED EBIT THREE AND SIX MONTHS ENDED MARCH 31, 2025 Q2 FY2024 Actual Q2 FY2025 Actual Change % change Acquisition effect Currency effect Organic change EMEA 16.0 14.9 (1.1) (6.9)% 17.5% 0.0% (24.4)% AMERICAS 11.6 14.7 3.1 26.7% 43.1% (6.0)% (10.4)% APAC 11.3 8.1 (3.2) (28.3)% 8.0% 0.9% (37.2)% Total 38.9 37.7 (1.2) (3.1)% 22.6% (1.5)% (24.2)% H1 FY2024 Actual H1 FY2025 Actual Change % change Acquisition effect Currency effect Organic change EMEA 26.0 26.1 0.1 0.4% 19.2% 0.0% (18.8)% AMERICAS 16.9 24.4 7.5 44.4% 59.8% (6.5)% (8.9)% APAC 29.3 25.0 (4.3) (14.7)% 6.8% 0.7% (22.2)% Total 72.2 75.5 3.3 4.6% 23.5% (1.2)% (17.7)%
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26 P&L (€M) ADJUSTED EBIT (€M) P&L AND ADJUSTED EBIT THREE MONTHS ENDED MARCH 31, 2025 Q2 FY2024 Actual Q2 FY2025 Actual Change % change Revenue 313.5 338.0 24.5 7.8% Cost of sales (230.6) (244.3) (13.7) 5.9% Gross Profit 82.9 93.7 10.8 13.0% % margin 26.4% 27.7% R&D expenses (8.7) (10.4) (1.7) 19.5% Selling expenses (28.0) (35.3) (7.3) 26.1% Administrative expenses (17.7) (21.7) (4.0) 22.6% Other income/expenses 2.3 (0.5) (2.8) <(100.0)% EBIT 30.9 25.9 (5.0) (16.2)% % margin 9.9% 7.7% Finance income/costs (3.5) (10.6) (7.1) >100.0% EBT 27.4 15.3 (12.1) (44.2)% % margin 8.7% 4.5% Income tax (9.3) (4.1) 5.2 (55.9)% Profit 18.1 11.2 (6.9) (38.1)% % margin 5.8% 3.3% EPS in € 0.71 0.44 (0.27) (38.0)% Q2 FY2024 Actual Q2 FY2025 Actual Change % change EBIT 30.9 25.9 (5.0) (16.2)% PPA adj. - D&A 4.0 9.2 5.2 >100.0% Reorganization - 2.3 2.3 n/a Advisory costs 3.9 0.4 (3.5) (89.7)% Total adjustments 8.0 11.8 3.8 47.5% Adjusted EBIT 38.9 37.7 (1.2) (3.1)% % margin 12.4% 11.2%
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27 P&L (€M) ADJUSTED EBIT (€M) P&L AND ADJUSTED EBIT SIX MONTHS ENDED MARCH 31, 2025 H1 FY2024 Actual H1 FY2025 Actual Change % change Revenue 618.9 663.9 45.0 7.3% Cost of sales (461.5) (483.0) (21.5) 4.7% Gross Profit 157.4 180.9 23.5 14.9% % margin 25.4% 27.2% R&D expenses (16.8) (19.8) (3.0) 17.9% Selling expenses (54.5) (68.7) (14.2) 26.1% Administrative expenses (38.9) (42.6) (3.7) 9.5% Other income/expenses 4.0 4.2 0.2 5.0% EBIT 51.2 54.0 2.8 5.5% % margin 8.3% 8.1% Finance income/costs (6.9) (17.8) (10.9) >100.0% EBT 44.3 36.2 (8.1) (18.3)% % margin 7.2% 5.5% Income tax (14.0) (10.7) 3.3 (23.6)% Profit 30.2 25.5 (4.7) (15.6)% % margin 4.9% 3.8% EPS in € 1.18 1.00 (0.18) (15.3)% H1 FY2024 Actual H1 FY2025 Actual Change % change EBIT 51.2 54.0 2.8 5.5% PPA adj. - D&A 8.2 18.1 9.9 >100.0% Reorganization - 2.3 2.3 n/a Advisory costs 12.6 1.2 (11.4) (90.5)% PPA adjustments 0.2 - (0.2) (100.0)% Total adjustments 21.0 21.5 0.5 2.4% Adjusted EBIT 72.2 75.5 3.3 4.6% % margin 11.7% 11.4%
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28 BALANCE SHEET (€M) Sept 2024 Actual March 2025 Actual Change % change Property, plant and equipm. 300.3 306.6 6.3 2.1% Goodwill 540.0 546.9 6.9 1.3% Other intangible assets 477.9 476.8 (1.1) (0.2)% Other investments 6.0 6.0 - 0.0% Inventories 223.6 215.5 (8.1) (3.6)% Trade receivables 203.4 206.4 3.0 1.5% Other assets 50.3 56.9 6.6 13.1% Cash 109.4 95.1 (14.3) (13.1)% Total assets 1,910.9 1,910.2 (0.7) 0.0% Equity incl. minorities 677.7 689.2 11.5 1.7% Debt (incl. accrued interest) 777.8 791.4 13.6 1.7% Pension plans 47.3 46.9 (0.4) (0.8)% Deferred tax liabilities 64.2 62.4 (1.8) (2.8)% Trade payables 159.7 148.1 (11.6) (7.3)% Other liabilities 184.2 172.2 (12.0) (6.5)% Total equity and liabilities 1,910.9 1,910.2 (0.7) 0.0% BALANCE SHEET MARCH 31, 2025
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29 Q2 FY2024 Actual Q2 FY2025 Actual Change % change Cash flow from operating activities 20.4 38.7 18.3 89.7% Cash flow from investing activities (654.8) (22.6) 632.2 (96.5)% Cash flow from financing activities 538.7 (16.0) (554.7) <(100.0)% Net increase / (decrease) in cash (95.7) 0.1 95.8 <(100.0)% Effect of movements in exchange rates 1.4 (2.4) (3.8) <(100.0)% Cash as of beginning of the period 218.7 97.5 (121.2) (55.4)% Cash as of end of the period 124.4 95.1 (29.3) (23.6)% CASH FLOW STATEMENT (€M) ADJ. FCF (€M) Q2 FY2024 Actual Q2 FY2025 Actual Change % change Cash flow from operating activities 20.4 38.7 18.3 89.7% Cash flow from investing activities (654.8) (22.6) 632.2 (96.5)% Free cash flow (634.4) 16.1 650.5 <(100.0)% Adjustments 638.2 2.0 (636.2) (99.7)% Adj. FCF 3.7 18.1 14.4 >100.0% CASH FLOW THREE MONTHS ENDED MARCH 31, 2025
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30 H1 FY2024 Actual H1 FY2025 Actual Change % change Cash flow from operating activities 70.2 68.4 (1.8) (2.6)% Cash flow from investing activities (672.2) (45.4) 626.8 (93.2)% Cash flow from financing activities 534.5 (37.4) (571.9) <(100.0)% Net increase / (decrease) in cash (67.4) (14.4) 53.0 (78.6)% Effect of movements in exchange rates (1.3) 0.1 1.4 <(100.0)% Cash as of beginning of the period 193.1 109.4 (83.7) (43.3)% Cash as of end of the period 124.4 95.1 (29.3) (23.6)% CASH FLOW STATEMENT (€M) ADJ. FCF (€M) H1 FY2024 Actual H1 FY2025 Actual Change % change Cash flow from operating activities 70.2 68.4 (1.8) (2.6)% Cash flow from investing activities (672.2) (45.4) 626.8 (93.2)% Free cash flow (602.0) 23.0 625.0 <(100.0)% Adjustments 641.9 4.0 (637.9) (99.4)% Adj. FCF 39.9 27.0 (12.9) (32.3)% CASH FLOW SIX MONTHS ENDED MARCH 31, 2025
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31 LVP DEVELOPMENT / FORECAST 5.2 5.2 5.1 4.3 4.9 4.8 4.8 4.3 4.5 4.6 4.8 4.6 4.4 4.4 4.4 4.2 14.6 11.7 12.3 12.6 15.1 12.5 12.6 12.7 24.2 21.4 22.1 21.5 24.4 21.7 21.8 21.2 8.2% -0.3% -3.7% -7.7% -4.8% -7.8% -4.9% 1.3% 4.3% 0.7% -1.0% -2.2% -1.4% -3.6% -7.7% -8.9% 13.3% 0.0% 1.2% -4.3% 3.4% 7.3% 2.3% 0.7% 10.5% 0.1% -0.5% -4.6% 0.8% 1.3% -1.5% -1.3% Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Growth rate y/y in % Light vehicle production in million units QUARTERLY VIEW: Q1 FY24 – Q4 FY25 World EMEA APAC AMER Source: leading market forecast institutes, April 2025
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32 LVP DEVELOPMENT / FORECAST 19.9 19.7 18.8 18.4 18.5 17.5 49.9 51.1 52.9 88.2 89.3 89.1 -0.9% -4.3%0.3% -5.5% 2.6% 3.4% 1.4% -0.2% FY2023 FY2024 FY2025 Growth rate y/y in % Light vehicle production in million units YEARLY VIEW: FY2023 – FY2025 World EMEA APAC AMER Source: leading market forecast institutes, April 2025
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33 ACRONYMS AND ABBREVIATIONS Adj. Adjusted AGS Automotive Gas Spring AMR Aerospace, Marine & Rail APAC Asia-Pacific APR Automotive Powerise bp Basis point CAPEX Capital expenditure CV Commercial Vehicles CY Calendar year D&A Depreciation and amortization DIAMEC Distributors, Independent Aftermarket, E-commerce EMEA Europe, Middle East & Africa EBIT Earnings before interest and taxes EBITDA Earnings before interest, taxes, depreciation and amortization EBT Earnings before taxes EC Energy & Construction FCF Free cash flow FX Foreign exchange, currency effect FY Fiscal year GDP Gross domestic product HRF Health, Recreation & Furniture IMA Industrial Machinery & Automation LTM Last twelve months LVP Light vehicle production M&A Mergers & Acquisitions, acquisition effect NWC Net working capital pp Percentage point PPA Purchase price allocation PPE Property, plant and equipment Prelim Preliminary PY Prior year q/q Quarter-on-quarter y/y Year-on-year
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34 MOTION CONTROL Experience Stabilus motion control virtually GROUP.STABILUS.COM/BUSINESS-PARK-MEDIA Contact Stabilus IR IR.STABILUS.COM