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Q3 2026 RESULTS 29th of OCTOBER 2026
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| DISCLAIMER DISCLAIMER 2 This document is for information purposes only and does not constitute an offer to sell, exchange or buy, or an invitation to make offers to sell, exchange or buy, securities issued by any of the companies mentioned. This financial information has been prepared in accordance with international financial reporting standards (IFRS). The information included in this document has not been neither verified nor reviewed by Fluidra’s external auditors. Furthermore, part of the information is not definitive and may be modified in the future. The assumptions, information and forecasts contained herein do not guarantee future results and are exposed to risks and uncertainties; actual results may differ significantly from those used in the assumptions and forecasts for various reasons. The information in this document may contain statements regarding future intentions, expectations or projections. All statements, other than those based on historical facts, are forward-looking statements, including, without limitation, those regarding our financial position, business strategy, management plans and objectives for future operations. Such forward-looking statements do not constitute guarantees of future performance and are affected, as such, by risks and uncertainties, which could mean that what actually happens does not correspond to them. These risks include, amongst others, seasonal fluctuations that may change demand, industry competition, economic and legal conditions, tariffs or restrictions on free trade and/or political instability in the markets where the Fluidra group operates or in those countries where the group's products are manufactured or distributed. Fluidra makes no commitment -even if new data is published or new events occur- to issue updates or revisions concerning the forward-looking statements included in this financial information. Alternative Performance Measures (APMs) This document and any related conference call or webcast (including a Q&A session) contain, in addition to the financial information prepared in accordance with IFRS, alternative performance measures(‘APMs’) as defined in the Guidelines issued by the European Securities and Markets Authority(‘ESMA’) on October 5, 2015. APMs are used by Fluidra’s management to evaluate the group’s financial performance, cash flows or financial position in making operational and strategic decisions for the group and therefore are useful information for investors and other stakeholders. Certain key APMs form part of executive directors, management and employees’ remuneration targets. APMs are prepared on a consistent basis for the periods presented in this document. They should be considered in addition to IFRS measurements, may differ to definitions given by regulatory bodies relevant to the group and to similarly titled measures presented by other companies. They have not been audited, reviewed or verified by the external auditor of Fluidra. For further details on the definition, explanation on the use, and reconciliation of APMs, please see the appendix as well as the “Alternative performancemeasures” document from our website here (link).
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| ON THE CALL TODAY 3 Jaime Ramírez CEO Eloi Planes Executive Chairman Juan Graham CFSO
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| • Strong YTD performance in a soft and volatile macro environment − Resilient and consistent delivery − Volume growth across North America and South Europe, sequentially higher price contribution and continued market share gains − Efficiency plan savings and diligent cost control offset higher inflation and mix effects − Good Q3 on strong prior year performance, with sales up 3%(1) and Adjusted EBITDA up 7%(1)to €107 million • Confident to deliver within FY 2026 guidance - range narrowed • Our strategy to continue to win and strengthen our global platform– driving growth, differentiation and competitiveness to deliver value today and into the future (1) At constant FX |4 KEY MESSAGES
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| +10.7% • Sales growth, driven by aftermarket demand and good execution, beating the market • Adjusted EBITDA up, with margin stable YoY thanks to a diligent cost control and the savings contribution from the efficiency plan (€23m YTD) despite inflation • Leverage broadly stable YoY after completing the share buyback program (€40m), formalizing Tangiers’ lease and FX impacts (1) At constant FX +4.3%(1) 5 STRONG YTD PERFORMANCE WITH SALES AND EBITDA GROWTH Sales (€M) Adj. EPS (€/share) Adj. EBITDA (€M) and margin (%) Net debt (€M) 1,780 2025 2026 1,724 +5.9%(1) 428 2025 2026 411 +6.2%(1) 1.15 2025 2026 1.11 1,034 1,145 2025 2026 23.9% 24.1% 2.2x2.1x
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| GOOD AND EARLY SEASON IN SOUTHERN EUROPE, RESILIENT AFTERMARKET AND SHARE GAINS 6 1,724 1,780 15 35 24 Sales YTD ’25 FX Perimeter Price Volume Sales YTD ’26 (18) 1%2%1%(1%) 3% POSITIVE VOLUME AND PRICE CONTRIBUTION Sales (YTD) % YoY evolution % of Group’s sales Southern Europe 6% 30% Rest of Europe 1% 14% North America 3% 41% Rest of the World 1% 15% Total organic 3% 100% Total perimeter 1% Total group (FX adjusted) 4%
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||7 A GLOBAL LEADER - CONSISTENTLY IMPROVING AND DELIVERING 1 LEADER IN AN ATTRACTIVE INDUSTRY A resilient, aftermarket-driven business #1 Global leader in pool & wellness c.65% of sales from the aftermarket 2 STRONGER GLOBAL PLATFORM A strategy for value creation Accelerate growth Commercial excellence, boost organic & inorganic growth Foster competitive differentiation Innovation, digital and customer focus Enhance operational excellence Productivity and efficiency across the value chain US residential new pools (thousand units) A STRONG BUSINESS TODAY, WELL-POSITIONED FOR THE RECOVERY * 3 A CYCLICAL LOW US new build near historical lows U.S. Est. 55-56k US new pools expected in 2026 c.30% below the 2016-2025 average of 80k
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||8 PARTNER OF CHOICE ACROSS THE POOL ECOSYSTEM 01 INDUSTRY -LEADING INNOVATION ■ Differentiated solutions across automation, water care, equipment ■ Innovation to simplify pool ownership & professional service 02 CONNECTED DIGITAL ECOSYSTEM ■ Integrated ecosystem: equipment, apps and digital services ■ Smarter pool management for pro’s and owners 03 LOYALTY PROGRAMS & REWARDS ■ Trade-exclusive products, programs and support ■ Tools and rewards to help pro’s grow their businesses 04 BEST-IN-CLASS SERVICE & CAPABILITY BUILDING ■ Dedicated technical support to improve customer productivity ■ Hands-on training at 5 US Fluidra Pro Academy centers (open since 2018) SIX CONSECUTIVE YEARS OF RECOGNITION FROM LEADING U.S. DISTRIBUTORS 6TH Y E A R I N A R O W T H E B R A N D S P R O S & C O N S U M E R S T R U S T
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||9 INNOVATION IN NORTH AMERICA: A SMART POOL OPERATING SYSTEM INFINITY The first intelligent pool operating system Complete intelligence, from the start Embedded intelligence for seamless scalability across a range of new 2026- 2027 innovations Built for the pro behind every pool Faster installs, quicker troubleshooting & trackr iO software integration Designed for the homeowner experience A smarter, simplified, and personalized pool experience
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| Note: NCI = Non-controlling interests 10 YTD results €M 2025 % Sales 2026 % Sales Evol. 26/25 Evol. Const FX Sales 1,724 100% 1,780 100% 3.3% 4.3% Gross margin 968 56.1% 997 56.0% 3.1% 4.2% Opex 556 32.3% 569 32.0% 2.2% 3.0% Adjusted EBITDA 411 23.9% 428 24.1% 4.1% 5.9% D&A (non-PPA related) 77 4.5% 80 4.5% 3.4% 1.5% Adjusted EBITA 334 19.4% 348 19.6% 4.3% 7.0% Amortization (PPA related) 43 2.5% 39 2.2% (9.4%) (6.1%) Restructuring and Stock based compensation 17 1.0% 45 2.5% 160.6% 162.7% Financial result 48 2.8% 50 2.8% 3.4% 5.5% Income tax expense 59 3.5% 59 3.3% (1.5%) 0.8% Profit/loss attributable to NCI 3 0.2% 2 0.1% (9.8%) (10.6%) Profit/loss attributable to the parent 163 9.5% 154 8.6% (5.9%) (3.4%) Adjusted net profit 213 12.3% 221 12.4% 3.9% 6.2% SALES GROWTH AND DILIGENT COST CONTROL • Sales up 4% YoY at constant FX, in line with expectations • Gross margin stable, with inflation, increased tariffs and negative mix offset by price and efficiency plan savings contributions • Diligent cost control. Operating expenses growing less than sales, driven by cost-cutting measures. Opex on track to be up for the full year around 3.5% YoY at constant FX • Adjusted EBITDA +6% at constant FX, with stable margin • Restructuring expenses reflect manufacturing footprint and restructuring measures implemented in line with plan • Net profit down 3% and Adjusted net profit up 6%
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|(1) Includes Restructuring expenses 11 LEVERAGE RATIO BROADLY STABLE YOY Cash flow (abridged) and net debt YTD €M 2025 2026 Evol. 26/25 Adjusted EBITDA 411 428 17 Net interest paid (43) (44) (2) Corporate income tax paid (49) (56) (6) Operating working capital (100) (69) 32 Other operating cash flow(1) (20) (36) (17) CF from operating activities 199 223 24 Capex (46) (57) (11) Acquisitions / divestments (29) (14) 15 Other investment cash flow (25) 3 27 CF from investing activities (99) (68) 31 Payments for lease liabilities (35) (39) (4) Treasury stock, net 0 (40) (40) Dividends paid (58) (64) (5) Financing cash flow (94) (143) (49) Free cash flow 6 12 6 Net debt (31 December prior year) 1,132 1,087 (45) FX & lease changes (91) 71 162 Free cash flow (6) (12) (6) Net debt 1,034 1,145 111 Lease liabilities (164) (231) (67) Net financial debt 870 914 44 • Leverage ratio broadly stable vs prior year • CF from operating activities reflects strong management in working capital, improving WC to sales ratio almost 100 bps vs a year ago • CF from investing activities includes the completion of VarioPool and Riaan Pools in 2026 • Financing cash flow includes the share buyback program completed in Q3 2026. The number of shares outstanding has been reduced by 2 million • Net financial debt also reflects a negative FX impact as USD has strengthened and the formalization of the Tangier’s lease
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| Confident to deliver within FY2026 guidance • Narrowed sales range to reflect - Flat to lower new pools and remodel - Strong aftermarket (maintenance and repair), share gains, positive US sell-though - Commercial pool moderate growth following a strong 2025 - Positive M&A contribution • Narrowed Adjusted EBITDA margin range - Additional pricing actions implemented offset higher inflation on absolute terms – some impact on % margin - Efficiency initiatives and disciplined cost control 12 CONFIDENT TO DELIVER WITHIN 2026 GUIDANCE – NARROWED RANGE Guidance for FY 2026 Original guidance at constant FX New guidance at constant FX Sales (YoY %) +3% to +7% +3.5% to +5.5% Adjusted EBITDA margin (% of sales) 23.3% to 24.3% 23.3% to 23.5% Adjusted EPS (YoY %) +4% to +13% +5% to +9% Note: Average EURUSD for FY 2025 was 1.13
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| SUMMARY 13 |13 • Strong YTD performance despite macroeconomic headwinds – Continued market share gains – Aftermarket growth more than offset weakness in new construction • Executing our efficiency plan, together with diligent cost control • Expect full year growth and margin progression • Confident in our future: consistently executing our strategy, growing organically and inorganically, and delivering improving returns on capital over the medium term in an industry with attractive structural growth
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APPENDIX |14
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| 15 WHY FLUIDRA WINS Leaders in customer-centric innovation, connectivity and sustainable pools – creating competitive differentiation Outstanding financial performance – growth and shareholder value creation enables optimal access to capital 1 #1 player with unique footprint and broadest product offering. Focus on operational excellence Excellent M&A track record and consistent capital allocation 2 3 5 Global leader in a structurally attractive industry, with long-term growth underpinned by resilient aftermarket Experienced and talented team4 |15
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| INNOVATION - A KEY LEVER TO WIN IN THE MARKET 16 Drop-in upgrades for the aftermarket Jandy - Service Light Lights Step-change innovation for a next-gen customer experience Jandy - Echo Cartridge filter Jandy - SpeedSet+ Variable-speed pump Jandy - Edge Automation Astralpool - Cellguard Salt-water chlorinator
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|17 READY FOR OUR NEXT PHASE OF DEVELOPMENT • #1 player worldwide, with diversified presence • Broadest product portfolio in the industry • Gained share to become #2 player in the US 2007-2017 POST IPO – PRE-MERGER 2018-2025 POST MERGER – TODAY Future NEXT PHASE OF GROWTH From €650M to€780M c.2% Sales CAGR 12.7% Adj. EBITDA margin 2017 c.11% average ROCE From €1.3bn to€2.2bn c.8% Sales CAGR 22.9% Adj. EBITDA margin 2025 From 11% to 18% ROCE • Reinforcing leadership and growing in high potential products and regions • Boosting innovation, digital, and product development • Maximizing productivity and efficiency along the value chain +6% to +8% annual sales growth >25% Adj. EBITDA margin >17% ROCE • Mostly European focused, with marginal presence in the US and more exposed to new construction • Restructuring and divesting non-pool businesses • #1 player in Europe and APAC
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|18 MEDIUM-TERM FINANCIAL OBJECTIVES Installed base growth Avg. Ticket on Equipment New Build growth Weather Market share gains Inorganic growth Market growth +4% to +6% +2% Additional Fluidra growth +/-1% Medium-term targets Annual sales growth Adjusted EBITDA margin ROCE >25% >17% +6% to+8%
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| CONSISTENT CAPITAL ALLOCATION TO GENERATE VALUE – UNCHANGED FRAMEWORK Resilient balance sheet: Target to run the business at approximately 2x leverage in the medium term Value-accretive acquisitions • Acquisitions (>1% of sales CAGR) • Investment criteria focused on growth and returns above cost of capital by year 3 Dividends and others • Dividend payout ratio around 50% of Adjusted EPS • Additional returns if surplus cash (buy-backs or specials) Group RoCE target >17% Organic growth • Invest for growth and innovation • Capex inc. R&D (c.3% of net sales) Accumulated cash deployment since 2019 (c.€1.8bn) 25% 38% 36% 1 2 3 19
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| 128 203 321 143 249 169 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 United States France Spain Germany Australia NEW POOLS CURRENTLY AT HISTORICAL LOW LEVELS Will drive growth as they return to normalized levels in the mid-term Residential new pools: top 5 countries (thousand units) 1980-2025 avg: 214k units Correction from the overbuilding in the prior decade 2015-2025 avg: 208k units Top 5 countries: Around 55% of global installed base >70% Fluidra’s sales 20
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| Q3 €M 2025 % Sales 2026 % Sales Evol. 26/25 Const. FX Constant perimeter Const. FX & Perimeter Southern Europe 131 26% 133 25% 1.2% 1.2% 0.9% 0.8% Rest of Europe 72 15% 78 15% 8.5% 7.9% 1.2% 0.7% North America 203 41% 214 41% 5.4% 2.8% 5.1% 2.6% Rest of the World 91 18% 97 19% 6.5% 1.8% 4.2% (0.4%) Total 497 100% 521 100% 4.9% 2.9% 3.3% 1.3% 21 SALES BY GEOGRAPHY YTD €M 2025 % Sales 2026 % Sales Evol. 26/25 Const. FX Constant perimeter Const. FX & Perimeter Southern Europe 496 29% 527 30% 6.3% 6.3% 5.9% 5.9% Rest of Europe 246 14% 257 14% 4.7% 4.3% 1.0% 0.7% North America 729 42% 732 41% 0.3% 3.6% 0.2% 3.5% Rest of the World 253 15% 264 15% 4.5% 2.7% 3.2% 1.5% Total 1,724 100% 1,780 100% 3.3% 4.3% 2.4% 3.5%
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| Q3 €M 2025 % Sales 2026 % Sales Evol. 26/25 Const. FX & Perimeter Pool & Wellness 488 98% 512 98% 4.9% 1.4% Residential 337 68% 351 67% 4.0% 1.6% Commercial 50 10% 53 10% 6.0% (6.7%) Residential Pool Water Treatment 81 16% 88 17% 7.8% 4.9% Fluid Handling 20 4% 21 4% 5.0% 3.6% Irrigation, Industrial & Others 9 2% 9 2% 6.3% (1.6%) Total 497 100% 521 100% 4.9% 1.3% 22 SALES BY BUSINESS UNIT YTD €M 2025 % Sales 2026 % Sales Evol. 26/25 Const. FX & Perimeter Pool & Wellness 1,694 98% 1,753 98% 3.4% 3.8% Residential 1,210 70% 1,238 70% 2.3% 3.5% Commercial 156 9% 158 9% 1.6% (4.1%) Residential Pool Water Treatment 255 15% 280 16% 9.7% 8.9% Fluid Handling 74 4% 77 4% 4.8% 6.0% Irrigation, Industrial & Others 29 2% 27 2% (7.4%) (11.7%) Total 1,724 100% 1,780 100% 3.3% 3.5%
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| YTD €M 2025 2026 Evol. 26/25 Profit/loss before tax 226 215 (4.8%) Financial result 48 50 3.4% D&A 120 119 (1.2%) Restructuring expenses 13 40 194.4% Stock based compensation expense 4 5 40.2% Adjusted EBITDA 411 428 4.1% 23 RECONCILIATION OF PBT TO ADJUSTED EBITDA
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|24 YTD €M 2025 2026 Evol. 26/25 Profit/loss attributable to the parent 163 154 (5.9%) Restructuring expenses 13 40 194.4% Stock based compensation expense 4 5 40.2% Financial result 48 50 3.4% Net interest paid (43) (44) 4.0% Amortization (PPA related) 43 39 (9.4%) Tax effect on adjustments (16) (22) 34.6% Total cash adjustments 49 67 36.3% Adjusted net profit 213 221 3.9% Share count 192 192 - Adjusted EPS 1.11 1.15 3.9% RECONCILIATION OF PROFIT ATTRIBUTABLE TO THE PARENT TO ADJUSTED EPS
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|25 NET WORKING CAPITAL September €M 2025 % LTM sales 2026 % LTM sales Evol. 26/25 Inventories 471 21.5% 498 22.2% 5.5% Trade and other receivables 323 14.8% 363 16.2% 12.3% Trade payables 356 16.3% 433 19.3% 21.4% Operating net working capital 438 20.0% 428 19.1% (2.4%) Dividends, earn-outs & others 58 2.7% 71 3.2% 21.8% Total net working capital 380 17.4% 357 15.9% (6.1%)
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|26 INTERIM FINANCIAL POSITION (ABRIDGED) Assets 09/2025 09/2026 Liabilities 09/2025 09/2026 PPE & rights of use 353 434 Share capital 192 192 Goodwill 1,269 1,317 Share premium 1,149 1,149 Other intangible assets 748 728 Retained earnings and other reserves 320 342 Non-current financial assets 8 9 Interim dividends - - Other non-current assets 112 193 Treasury shares (50) (72) Total non-current assets 2,490 2,681 Other comprehensive income (36) 4 Non-controlling interests 11 10 Total equity 1,585 1,624 Bank borrowings and other marketable securities 1,034 1,045 Non-curr. assets held for sale - 0 Other non-current liabilities incl. lease 299 361 Inventories 471 498 Total non-current liabilities 1,333 1,406 Trade and other receivables 323 363 Bank borrowings & loans 17 13 Other current financial assets 31 2 Trade and other payables 415 504 Cash and cash equivalents 142 133 Other current liabilities incl. lease 109 131 Total current assets 968 996 Total current liabilities 541 648 Total assets 3,458 3,678 Total equity & liabilities 3,458 3,678
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| 27 ALTERNATIVE PERFORMANCE MEASURES Fluidra’s financial statements are prepared according to IFRS and other applicable regulation. The financial information presented in this document also includes Alternative Performance Measures (‘APMs’) prepared according to the group’s reporting model. For further details on the definition, explanation on the use, and reconciliation of APMs, please see the document “Alternative Performance Measures” that can be found within the“Shareholders and Investors” section from the Group’s website here (link). ● 'Opex' (Operational expenditure): refers to the total amount of operating expenses incurred to run the business. It includes 'personnel expenses' plus 'other operating expenses' net of i) 'income from the rendering of services', ii) 'work performed by the group and capitalized as non-current assets', iii) 'profit/loss from sales of fixed assets’, iv) ‘share in profit/(loss) for the year from investments accounted for using the equity method‘, v)‘stock based compensation expense’ and vi) the relevant portion of 'Restructuring, M&A and integration expenses related’ to 'Opex' ● 'Adjusted EBITDA': means earnings before interests, taxes, depreciation and amortization. It is calculated as 'sales of goods and finished products' less i) 'changes in inventories of finished goods and work in progress and raw material supplies', ii) 'personnel expenses' and iii) 'other operating expenses' net of i) 'income from the rendering of services', ii) 'work performed by the group and capitalized as non-current assets', iii) 'profit/loss from sales of fixed assets' and iv) ‘share in profit/(loss) for the year from investments accounted for using the equity method‘. The resulting figure is adjusted for‘Stock based compensation expense’ and 'Restructuring, M&A and integration expenses' ● ‘Stock based compensation expense’ and 'Restructuring, M&A and integration expenses’: these expenses do not arise from ordinary business and, though they may be incurred in more than one period, they do not have continuity over time (unlike operating expenses) and they occur at a point in time or are related to a specific event. ‘Stock based compensation expense’ relates to the cost of management’s long-term incentive plan.‘Restructuring, M&A and integration expenses’ relates primarily to the integration of recently-acquired companies or to restructuring activities, such as the implementation of the Simplification Program that began in the second half of 2022. Most of these costs impact‘Opex’, although a relatively minor part affects the‘Gross margin’ ● ‘Adjusted net profit' and ‘Adjusted EPS’: ‘Adjusted net profit’ is defined as ‘Profit/(loss) attributable to equity holders of the parent’ adjusted for i) ‘Restructuring, M&A and integration expenses’, ii) ‘Stock based compensation expense’, iii)‘Amortization (PPA related)’, iv) the non-cash portion of the financial result and v) the‘tax effect on adjustments’, which reflects the tax impact corresponding to each of the adjustments described in sections i) to iv). The calculation is performed by applying to each adjustment the tax rate corresponding to the nature and jurisdiction in which arises. ‘Adjusted EPS’ is‘Adjusted net profit’ divided by the number of Company shares outstanding at the year-end, excluding the effect of treasury shares ● 'Operating net working capital’: is defined as the sum of the balance sheet items i)‘inventories’ and ii)‘trade and other receivables’, less‘trade payables’, which excludes the part of ‘trade and other payables’ that is not entirely related to trading activities (mainly future payments of ordinary dividends and/or future payments of the acquisition price or options agreed with companies acquired, or earn-outs). This adjustment may have a relatively minor impact at the year-end, although it could be particularly relevant to some of the quarterly closings during the year ● 'Net debt', 'Net debt to Adjusted EBITDA ratio' and 'Net financial debt': ‘Net debt’ is calculated as the sum of i) ‘current and non-current bank borrowings and other marketable securities’, ii) ‘current and non-current lease liabilities’ and iii) ‘derivative financial liabilities’, net of i) ‘cash and cash equivalents’, ii) ‘non-current financial assets’, iii) ‘other current financial assets’ and iv) ‘derivative financial instruments’.‘Net financial debt’ is simply‘Net debt’ excluding lease liabilities. The‘net debt/Adjusted EBITDA ratio’ is calculated as‘Net debt’ divided by‘Adjusted EBITDA’ generated in the past 12 months ● ‘ROCE’: “Return on Capital Employed” is a return-on-capital measure used in the business. It is calculated as last 12 months “Adjusted EBITA” divided by the sum of “cash equity” and “net debt”. “Cash equity” refers to “total equity” adjusted by €527 million, which reflects the difference between the average share price for the six-month period prior to the announcement of the merger with Zodiac (€7.4 per share, the share exchange value in the merger) and the share price on the completion date (€13.7 per share, the carrying amount of the Zodiac acquisition under IFRS), multiplied by 83 million new shares issued
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