Elevating Champions

QUARTERLY STATEMENT Q3 2021 INVESTOR UPDATE CALL

November 16, 2021

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In preparing this presentation, BKHT has relied upon information made available to it by BLS Bikeleasing-Service GmbH & Co. KG, its affiliates ("collectively "Bikeleasing") and its current direct or indirect shareholders, including information as to the financial and operative performance of Bikeleasing, and BKHT assumes no liability for any such information.

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Summary 9M 2021

Group KPIs

  • Revenue of €34.2 million slightly above last year's level (+0.8% compared to 9M 2020)
  • Continued strong increase in order intake of +19% compared to the prior-year period - order book up +56%
  • Adj. EBITDA margin of 14.9% (further recovery in Q3 to 21.7% vs 15.1% in Q2 and 7.4% in Q1 )
  1. Still adverse impact of IHSE top-line and extensive due diligence work (>110 transactions evaluated, 12 due diligences; 1 deal and 1 add-on since IPO)

M&A activity

  • Purchase agreement signed for the acquisition of a majority stake in Bikeleasing on 16 June 2021
  • Financing contracts signed on 11 November 2021
    1. Closing still subject to successful completion of ownership control procedures by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin)
  • IHSE acquiring kvm-tec, a specialist provider of KVM-over-IP solutions based in Austria
    1. First add-on acquisition of a BKHT subsidiary (closing to occur in November 2021)

Organization

  • Executive Committee installed with Paul Göhring responsible for Acquisitionsand Harald Henning for Finance
  • Supporting Staff Positions Human Resources & Recruitingand Marketingimplemented - and starting December, Investor Relations

3

Revenue by quarter

+114.3%

+33.6%

+37.5%

+0.4%

9M

7.9

4.8

3.7

5.0

4.2

4.2

2.2

Q1

Q2

Q3

Q4

-41.4%

-3.0%

+14.1%

10.3

6.1

6.9

6.7

6.5

7.4

-15.0%

9M 9.8

Q1Q2Q3

-13.8%

+9.9%

+9.0%

12.6

11.6

11.7

10.8

10.6

10.7

+0.8%

9M

Q4

17.7

Q1

Q2

Q3

Q4

(€ million)

Group

Palas

IHSE

Prior-year period

4

Revenue by region

+148.4%

9M

+200.0%

+36.5%

+352.9%

0.1

0.4

0.4

0.6

0.2

0.9

1.2

Q1

Q2

Q3

Q4

-34.3%

-65.6%

9M

-11.6%

-6.3%

3.1

1.6

2.2

2.1

2.4

1.1

1.4

Q1

Q2

Q3

Q4

-17.0%

9M

-55.3%

-1.7%

+21.8%

3.2

1.4

2.0

1.9

2.4

2.9

3.6

Q1

Q2

Q3

Q4

Americas

+20.3%

+121.6%

+36.5%

9M

-28.5%

6.1

3.7

2.9

3.6

3.5

2.5

1.7

Q1

Q2

Q3

Q4

-41.4%

-12.5%

+21.6%

9M

-2.0%

5.9

4.6

5.6

3.5

3.8

3.9

3.9

Q1

Q2

Q3

Q4

-0.1%

-5.6%

+21.4%

-14.1%

9M

11.7

7.6

7.1

6.7

8.2

7.4

6.4

Q1

Q2

Q3

Q4

EMEA

+81.9%

9M

+62.9%

+128.5%

+64.9%

0.4

0.7

0.4

0.9

0.5

0.9

0.6

Q1

Q2

Q3

Q4

+15.4%

9M

+15.0%

-54.9%

+312.0%

1.3

1.5

1.5

0.7

0.4

1.5

1.9

Q1

Q2

Q3

Q4

+35.0%

9M

+27.0% -18.8% +165.8%

1.8

2.3

1.9

1.6

2.4

2.5

0.9

Q1

Q2

Q3

Q4

APAC

(€ million)

Group

Palas

IHSE

Prior-year period

5

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Brockhaus Technologies AG published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2021 06:56:06 UTC.