May 2026
"We create next generation technologies that make the world more efficient and more sustainable"
TKH Group NV
General Investor Presentation
May 2026 3
Included
Highlights Capital Allocation
Automation | Vision Technologies Automation | Automated Machinery Electrification
Financial Performance - Q1 2026 & FY2025 Outlook
Appendix
TKH Group NV General Investor Presentation
May 2026
4
Highlights
TKH Group NV
General Investor Presentation
May 2026
5Investment highlights
1 2 3 4 5 6
Differentiating
technologies
Geared towards Automation and Electrification trends
Market leadership in majority of our activities
Advanced technology leader across Automation and Electrification
Innovation is our
DNA
Entrepreneurial mindset
Customer first philosophy
Combining hardware, AI & software
Committed to sustainability goals and targets
Strong fundamentals
Strategy focused on creating sustainable growth in chosen markets
Underpinned by continuous portfolio optimization
+/- 75% of turnover directly linked to SDG's
Value creation through sustainable growth model
Global market leader in vision and automated machinery
Strong long term value creation
Scalable, sustainable
and digital
Capabilities to deliver innovative integrated solutions towards autonomous production
TKH's future
is Automation
Leading markets
positions
Underlined by onshore tender wins & offshore contract wins
High levels of capacity investments completed to capture electrification transition
Alternative ownership structures evaluated
Electrification
Leverage ratio target
< 2.0
Disciplined capital allocation
Focus on cash flow generation:
WC targets &
Capex targets
40-70% of
normalized net profit distributed as dividends
Solid financial foundations
TKH Group NV General Investor Presentation
May 2026
6
TKH's future is Automation
Automation
Asset light, technology driven
Multiple end-markets
Global
Scalability
Strong organic value creation potential
Electrification
Capital intensive, capacity driven
Offshore market dynamics
Regional
Investments for future scaling
Separation of Electrification in progress
Dual-track process to unlock the value of Electrification
Enhanced
clarity and focus
Higher operational flexibility
Improved financial transparency
Capital structure to
invest in growth
TKH Group NV General Investor Presentation
May 2026
7
TKH at a glance
Innovative technologies that make the world more efficient and more sustainable
Headcount
6,500 FTEs
of which 750 in R&D and software development
Turnover
FY2025 €1,761m
(2024: €1,713m)
Customer and technology focused
>1,400 patents
ESG
75.3%
of turnover linked to SDGs
North America
14%
The Netherlands
23%
Europe
36%
Asia
24%
Other
3%
FY 2025
turnover breakdown
SDG impact
AFFORDABLE AND CLEAN ENERGY
Leading positions in high growth markets
Differentiated technologies
Strong focus on innovations
Combining hardware,
AI & software
Entrepreneurial culture
Clients first
TKH Group NV
General Investor Presentation
May 2026
8Built on innovation, accelerated by AI
Innovations as % of turnover
25%
20%
15%
10%
5%
0%
17.0%
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Cleans voice from noise
Algorithm for voice signals
Efficient network algorithms for adaptive artificial intelligence
Ensuring that the voice signal in intercom systems is perfectly cleaned of ambient noise and echoes during transmission.
AI accelerated technology
Annual R&D spend, and annual R&D spend as % of turnover
3.7%
3.7%
4.2%
4.7%
4.2%
4.2%
4.0%
4.7%
4.2%
5.0%
2.1%
2.8%
3.0%
in million €
80 90
70
60
50
40
30
1.3%
20
10
Foreign object detection
First AI application in MAXX machines
In-line high speed detection systems utilizing PIXXEL camera to detect foreign objects on tread material
Leads to less scrap rates and increased safety of tires
AI accelerated technology
>750 FTE in R&D and software development
>1,400 patents to secure value proposition
>30% of our technology proposition is software driven
TKH Group NV
General Investor Presentation
May 2026 9
Transitioning to high growth markets Automation & Electrification
R&D
investments
Currently, close to 5% of turnover invested in R&D
Growing
software
proposition
Close to 30%
of turnover software
and AI driven
Acquired
~€130m
turnover
in automation
technology
Leading to higher value add & strengthening total automation proposition
Divested
~€460m
turnover in Connectivity and Manufacturing
Lower margin, commodity related operations divested in past years
Investments into capacity expansions
Today we are a successful business positioned for growth, consisting of
Automation and
Electrification
in Electrification
€150 million capex to triple capacity in offshore cables, and strong expansion in onshore cables
2018 - 2025: Pivoting towards megatrends & high growth markets
TKH Group NV
General Investor Presentation
May 2026 10
Automation
2025 turnover
Vision
technologies
Strong
Market positions
Global
market Leader
Market
leader in high end markets
% Automation
% Vision
Vision Technologies
Integrated Intercom, ITS, Surveillance, Parking Guidance
3D Vision
2D Vision
Security Vision
Machine Vision
2025 turnover
Passenger TBM
Truck TBM
Revolute
UNIXX Beltmaker
Tire building
equipment
# 1
Globally
% Automation
% Automated Machinery
Automated Machinery
Tire Component Machines
Tire assembly machines
Tire Building Systems
Close customer partnerships and relationships | Global presence
TKH Group NV General Investor Presentation
May 2026
11
Electrification
2025 turnover
Electification
High voltage
Medium voltage
Market
leader
Market
leader
% Electrification
Market leader high grade
special cables
Low voltage
Inter-array
Electrification
Specialty Cables
Offshore
Onshore
2025 turnover
Digitalization
Market
leader
Growing market
positions
% Electrification
Digitalization
Accessories
Fibre Optic Cable
Onshore: unmatched services | Offshore: unique dry design | Sustainability proposition
TKH Group NV General Investor Presentation
May 2026
12
Our Capitalize & Execute 2028 Strategy
Capitalize & Execute 2028
Automation
Capitalize on building blocks: (addressable) market growth / innovations
Automated machinery: ultra high performance tire market 8.5% CAGR; UNIXX technology & components Vision Technologies: market 5.6% (CAGR); software ecosystem, solutions approach, smart camera
Execute
Automated machinery: accelerated market introductions of new tech, global sourcing & manufacturing Vision Technologies: integration vision brands, platform based products & shares algorithms
Electrification
Capitalize on building blocks: (addressable) market growth / innovations Onshore: €195m capex spend into Dutch power grid; onshore tender wins Offshore: offshore wind market to grow 6x by 2030; strong sales funnel
Execute
Full utilization of increased capacity
Rationalization of costing
Material steps expected
in 12 to 18 months
Execute on separation
of electrification
Bolt on acquisition in Automation
A further €250m of non-core activities to be divested
Execute on portfolio
optimization
Working capital management
Disciplined capex spend
Focus on cash flow
generation
Clear priorities
Disciplined capital
allocation
Clear priorities on execution
TKH Group NV General Investor Presentation
May 2026
13
Targets 2028
Automation
Electrification
5 - 7% organic turnover growth (CAGR)
EBITA margin 17 - 19%
ROCE 25 - 30%
>7% organic turnover growth (CAGR)
EBITA margin 12 - 15%
ROCE 18 - 23%
Segments and target ratios are excluding the unallocated support and head office costs
The possible impact of intended future divestments of non-core activities, like Digitalization, have been incorporated in the targets above
The targets are excluding the effects of the intended separation of Electrification
TKH Group NV General Investor Presentation
May 2026
14
Satisfaction score
Customers
Target Average score above benchmark (7.8)
8.6
2024 8.6
2023 8.6
LTFR
Target < 0.7
0.41
2024 0.7
2023 0.8
Our sustainable value chain
75.0% of turnover linked to SDGs
Our Focus on SDGs
non-financial KPIs 2025
How we do it
rating agencies
How we are rated
Electrification
Energy cables Subsea cables
Automation
Machine vision inspection Tire building systems Specialty cables for industrial applications
Sustainable
Communities
Mobility inspection Mission critical communication Parking guidance Connectivity systems
CO2e Footprint reduction
(scopes 1&2)
Compared to 2019
Target 100% neutrality by 2030
76.3%
2024 70.3%
2023 64.3%
Satisfaction score
Employees
Target > 7.5
7.8
2024 7.8
2023 7.8
Illness rate
Target < 4.0%
4.11%
2024 3.97%
2023 3.85%
Diversity
Female Executive and Senior Management Target > 25% by 2030
20.5%
2024 21.6%
2023 19.2%
TKH Group NV
General Investor Presentation
May 2026 15
Capital allocation
TKH Group NV
General Investor Presentation
May 2026
16Execution
1
Execute on separation
of electrification
2
Execute on portfolio
optimization
3
Focus on cash flow
generation
4
Disciplined capital
allocation
Material steps expected
in 12 to 18 months
A further €250m of non-core activities to be divested
Bolt on acquisition in Automation
Disciplined capex
spend
Working capital management
Clear priorities
Execution with clear priorities
TKH Group NV General Investor Presentation
May 2026
17
11 Execution: Execute on separation
Intended Segmentation
(turnover share 2025)
Longer term
29
Vision Technologies
Machine & security Vision
Material steps in separation process within 12-18 Months following CMD (Sept 2025)
TKH AUTOMATION
Automation
%
26
Automated Machinery
Incl Tire Building systems
%
Electrification
Electrification
Onshore, offshore & industrial
specialty cables
30%
Non-Core
ALTERNATIVE
OWNERSHIP
Other - Automation Other - Electrification Digitalization
4%
TO BE DIVESTED
1%
10%
Dual track process to unlock the value of Electrification, bearing
interest of all
stakeholders in mind
TKH Group NV
General Investor Presentation
May 2026 18
2 Execution: Portfolio Optimization
Acquisitions
2019
2020 2021 2022
2023 2024
2025
Acquisitions
into higher margin and automation support operations
to drive the value add
2019 2020 2021 2022 2023 2024 2025
Approx. €460m in turnover of lower margin, commodity
related operations divested in
past years
2025 - 2028
Approx. €250m
turnover
of non-core activities to be divested, including Digitalization
Divestments
ZTC
Turnover numbers provided for acquisitions and divestments represent the turnover of the year prior to the announcement of the acquisition or divestment
Commend AG is the value-added reseller in Switzerland of the in Austria based Commend Group, which was acquired by TKH in 2015
TKH Group NV
General Investor Presentation
May 2026 19
3
Execution: Disciplined Capex Spend
Disciplined Capex
Following €200m strategic capex spend, no large capex programs
Capex spend only on core activities - no disruptive innovations
R&D Capex (mainly Automation) PP&E Capex (mainly Electrification)
R&D Non-Capitalized
R&D Capitalized
2028
2018 2019 2020 2021 2022 2023 2024 2025
R&D capex
to amortization level
1.4
1.4
1.3
1.2
1.4
1.4
1.7
1.7
100
90
80
70
60
50
40
30
20
10
0
Strategic Capex program
Capex PP&E
2018 2019 2020 2021 2022 2023 2024 2025 2028
PP&E capex
to depreciation level
140
120
100
80
60
40
20
0
1.5
1.2
1.3
1.6
1.1
1.0
1.1
1.6
R&D Capex impacted by development of e.g. UNIXX, Alvium and Gocator
Related products are now on the market: no significant R&D Capex needed
Integration within Vision to drive R&D Capex downwards
Strategic capex program finalized beginning 2025
Asset base now ready for full utilization and growth
Limited growth Capex needed for 2025-2028
TKH Group NV General Investor Presentation
May 2026
20
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TKH Group NV published this content on May 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 20, 2026 at 11:38 UTC.
