Grenke : Presentation analysts conference regarding preliminary 2020 financial year figures

FY 2020 PRELIMINARY RESULTS

APRIL 30, 2021

Disclaimer

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This presentation contains forward-looking statements. Forward-looking statements are statements that are neither facts nor a description of past events; they comprise statements relating to our assumptions and expectations. Each statement made in this presentation that reflects our intentions, assumptions, expectations or forecasts as well as the underlying presumptions is a forward-looking statement. These statements are based on planning figures, estimates and forecasts currently available to the Board of Directors of GRENKE AG. Accordingly, forward-looking statements refer exclusively to planning data, estimates and forecasts at the time at which they are made. We assume no responsibility to further develop or modify such statements in the event of fresh information being available or future events occurring. By their very nature, forward-looking statements imply risks and uncertainty factors. A large number of key factors can contribute towards actual events varying quite substantially from forward-looking statements. Such factors include the condition of the financial markets and the regional focal points of our investment activities.

This document is not for publication or distribution, directly or indirectly, in or into the United States. This document does not constitute or form part of an offer of securities or subscription rights for sale or solicitation of an offer to purchase securities or subscription rights in the United States, Canada, Australia, Japan or in any other jurisdiction where such offer may be restricted. The securities and subscription rights referred to in this document have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to or for the account or benefit of US persons (as such term is defined in Regulation S under the Securities Act), except on the basis of an applicable exemption from registration or in a transaction not subject to the registration requirements of the Securities Act. There will be no public offering of securities and subscription rights in the United States or anywhere else, except for Germany.

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Executive Summary

Antje Leminsky

CEO

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Status Update on Financial Audit by KPMG

KPMG ENVISAGES AUDIT OPINION FOR MAY 17; PUBLICATION OF ANNUAL REPORT ON MAY 21

KPMG confirms that audit evidence and required information have largely been furnished and are currently being examined by

KPMG

KPMG envisages the audit opinion for the 2020 consolidated financial statements for May 17, 2021

Publication of GRENKE Group Annual Report 2020 on May 21, 2021, following endorsement of the consolidated financial statements by Supervisory Board

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FY 2020: Executive Summary/ Highlights

SAFEGUARDED PROFITABILITY VIA FOCUS ON HIGH-MARGIN BUSINESS AND STRICT RISK MANAGEMENT

Leasing new business decreased by 28.8% compared to prior year level

Leasing CM2 margin increased to 18.4% through focus on profitable small-ticket business

Net Profit at EUR 79.9m (-41.2% YOY) impacted by COVID-induced settlement of claims and risk provisions

Stable equity ratio of 16.3% as of December 31, 2020 (vs 16.2% as of December 31, 20191))

1)Adjusted

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