Georg Fischer : Facts and Figures 2023

Key figures

CHF million	2023	2022
Order intake	3'938	4'227
Orders on hand	827	931
Sales	4'026	3'998
Sales growth %	0.7	7.4
Organic growth %	3.7	13.5
EBITDA (comparable)1	511	507
EBITDA margin (comparable)1 %	12.7	12.7
EBITDA	486	507
EBITDA margin %	12.1	12.7
EBIT (comparable)1	389	391
EBIT margin (comparable)1 %	9.7	9.8
EBIT	365	391
EBIT margin %	9.1	9.8
Net profit shareholders GF	235	276
Basic earnings per share in CHF	2.87	3.37
Free cash flow before acquisitions/divestments	134	146
Invested capital (IC)	1'707	1'277
Return on invested capital (ROIC) (comparable)1 %	21.5	23.4
Return on invested capital (ROIC) %	19.8	23.4
Net debt (+)/Net cash (-)	1'879	-159
Number of employees	19'824	15'207

Creating an impact

Sustainability

Climate change, the energy transition, the protection of
human rights and an increasing demand for clean drinking
water are emerging as some of the most pressing sustain­
ability issues of our time.	At a glance
With products and solutions that address these challenges,
GF recognizes its critical role in advancing change while also	2023
pursuing sustainability within its own operations.

With a clearly defined sustainability framework intertwined with its corporate strategy and a set of goals aligned with the Science Based Targets initiative (SBTi), GF is committed to addressing its impacts while also supporting its customers on their sustainability journey.

In November 2023, GF integrated a new division, GF Uponor, and GF Piping Systems acquired GF Corys. As both acquisitions took place in the fourth quarter of 2023, the product portfolio graph includes GF Corys, while the sustainability related graph does not include information or data relating to these acquired companies.

Key figures

Overview

In 2023, GF reported organic growth of 3.7%, driven by its innovative solutions and technology leadership, offering a comprehensive product range for various flow solutions, large structural casts, as well as ultra-precise milling and EDM solutions.

Sales per region

in %

Sales

in CHF million

3'722 3'998 4'026

2021 2022 2023

2023

51% GF Piping Systems

• CHF 2'066 million

4% GF Uponor

• CHF 164 million2

23% GF Casting Solutions

• CHF 910 million

22% GF Machining Solutions

• CHF 887 million

Sales with social or	CO₂e emissions (Scope 1 and 2)
environmental benefits	in 1'000 tonnes

% of total GF sales		330	288
				275	231
						Creating
							sustainable
63	68	70	330	236	214		value
2022	2023	Target 2025	2019	2022	2023	Target 2026
			adjusted
			baseline

26% Rest of Europe

22% China

21% Americas

CHF 4'026 million 14% Germany

琠 7% Rest of Asia 琠 5% Switzerland

琠 5% Rest of world

Gross value added per region

EBIT / EBIT (comparable)1

Net profit shareholders GF

in CHF million	3891	in CHF million
278	391	365	214	276	235
2021	2022	2023	2021	2022	2023

1 Without PPA effects on inventory and items affecting comparability­out of the Uponor acquisition. 2 GF Uponor's key figures only cover the months of November and December 2023.

	Creating
Contacts	sustainable
Head Investor Relations	value

Nadine Gruber

Phone +41 (0)⁜79 698 14 87 [e-mail]

Head Corporate Communications

Beat Römer

Phone +41 (0)⁜79 290 04 00 [e-mail]

in %

			33% Switzerland
		22% Rest of Europe
		16% Americas
CHF 1'597 million		15% China
		琠 8% Germany
		琠 4% Rest of Asia
		琠 2% Rest of world

Global presence

Our corporation

GF offers products and solutions that enable the safe and sustainable transport of liquids and gases, as well as lightweight casting components and high-precision manufacturing technologies.

As a sustainability and innovation leader, GF strives to achieve profitable growth while offering superior value to its customers for more than 200 years. Founded in 1802, the Corporation - with its divisions GF Piping Systems, GF Uponor, GF Casting Solutions and GF Machining Solutions - is headquartered in Switzerland. At the end of 2023, it was present in 45 countries with 187 compa- nies, 76 of which are production companies with 105 facilities. GF's 19'824 employees worldwide generated sales of CHF 4'026 million in 2023.

Employees per region
in %	Switzerland
	18%
Americas	Germany	Rest of Europe
16%	10%	28%

Rest of world	China
7%	18%
	Rest of Asia

Employer of choice

Our people

A shared corporate culture is key to ensuring GF's sustainable development and is becoming increasingly important as

the company grows and extends its footprint around the globe.

GF employees want to build on the company's over 200-year success story and be part of a corporate culture that is capable of addressing current and future challenges.

GF's corporate culture is built on three core values that support the creation of a team-oriented, open and motivating working environment:

• Caring is about being part of a team.

• Learning is about having an open mind.

• Performance is about speed and excellence.

Diversity & Inclusion

GF is committed to diversity, equity and inclusion in a variety of ways to achieve the best work environment globally. The company fosters collaboration and respect, regardless of ethnic background,­ age, gender or personal beliefs, which is a prerequisite for tapping into the full potential of people and increasing our innovation power.

Four leading providers

Our strategy

2023 marks another milestone in the implementation of Strategy 2025. Despite a challenging macroeconomic environment all divisions benefited from their leading technology positions and are on track to reach their strategic targets.

GF Piping Systems

As the leading flow solutions provider for the safe and sustainable transport of fluids, the division creates connections for life.

	Sales per segment
2'066	in CHF million
		45% Industry
		36% Utility
		20% Building Technology

GF Uponor1

The division provides safe drinking water, energy-efficient radiant heating and cooling systems as well as reliable infrastructure solution.

Sales per segment

in CHF million

164 40% Building Solutions Europe

45% Building Solutions North America

15% Infrastructure Solutions

+ Learn more about our divisions and their innovative solutions.

GF Casting Solutions

The division is one of the leading solution providers of lightweight components in the mobility industry.

Sales per segment

in CHF million

910 76% Automotive

13% Industrial Applications

11% Aerospace/Energy

GF Machining Solutions

The division is one of the world's leading providers of complete solutions for precision components and tools manufacturers, and the mold-making industry.

Sales per segment

in CHF million

887 25% EDM

• 28% Milling

17% Advanced Manufacturing/

Automation⁜&⁜Tooling

30% Customer Service

3%	1 GF Uponor's key figures only cover the months of November and December 2023.