DGAP-News: STS Group AG / Key word(s): Half Year Results STS Group AG publishes figures for the first half of 2021 - Positive development in line with management's expectations 2021-08-05 / 07:30 The issuer is solely responsible for the content of this announcement. -----------------------------------------------------------------------------------------------------------------------

STS Group AG publishes figures for the first half of 2021 - Positive development in line with management's expectations

- Half-year development in line with management's expectations

- Organic revenue growth of 36.9% to 134.8 mEUR (HY/2020: 98.5 mEUR)

- Adjusted EBITDA increases to 13.9 mEUR (HY/2020: 2.8 mEUR)

- Guidance for full year 2021 confirmed

Hallbergmoos/Munich, August 5, 2021. STS Group AG (ISIN: DE000A1TNU68), a global systems supplier to the automotive industry listed in the General Standard of the Frankfurt Stock Exchange, today publishes its half-year results for the 2021 financial year.

Andreas Becker, CEO of STS Group AG: "After closing the past financial year on a positive note, we have started the year 2021 in a stronger position. The first half of the previous year was marked in particular by the plant closures in China and especially in Europe due to the COVID-19 pandemic. In this respect, the development in the first six months of the current business year was quite positive and in line with our expectations. We remain confident that the rest of the year will also develop in line with the forecast published on April 7, 2021."

Revenue development STS Group generated revenue growth of 36.9% to 134.8 mEUR in the period from January 1 to June 30, 2021, compared to 98.5 mEUR in the same period last year. The previous year was impacted by the plant closures in China, particularly in the months of February and March, as also in Europe. After the China segment recovered rapidly in the further course of 2020 and achieved strong revenue growth in 2020 as a whole, this also remains at a high level in the first half of 2021 with a revenue volume of 52.3 mEUR (HY/2020: 36.4 mEUR). The European plants adjusted their production capacities to customers' plant closures, especially in the second quarter of 2020, after which the market increasingly recovered from the sales slumps in the course of the first half of 2020. In this respect, the Plastics and Materials segments achieved sales of 71.7 mEUR (HY/2020: 53.4 mEUR) and 14.4 mEUR (HY/2020: 11.5 mEUR), respectively in the reporting period.

Earnings development Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 13.8 mEUR in the first half of 2021 (HY /2020: 1.2 mEUR). The adjusted operating result (Adjusted EBITDA) was 13.9 mEUR (HY/2020: 2.8 mEUR). The increase in Adjusted EBITDA is mainly due to the revenue growth of the high-margin China segment, which achieved an Adjusted EBITDA margin of 25.6% in the first six months with 13.4 mEUR (HY/2020: 7.6 mEUR). Savings in connection with the restructuring of the Group headquarters also led to cost reductions in the first half of 2021.

After depreciation in the first six months of the current financial year was slightly below the previous year's level at -7.4 mEUR (HY/2020: -7.8 mEUR), the financial result at -1.4 mEUR (HY/2020: -0.8 mEUR) and income taxes at -1.2 mEUR (HY/2020: -1.0 mEUR), a positive consolidated result of 3.8 mEUR (HY/2020: - 8.4 mEUR, including discontinued operations -27.7 mEUR) was achieved.

The English version of the 2021 half-year report is available for download at https://www.sts.group/investor-relations/publications.

Key figures HY 2021 in mEUR HY 2021 HY 2020 Delta % Revenue 134.8 98.5 +36.9% Plastics 71.7 53.4 +34.2% China 52.3 36.4 +43.8% Materials 14.4 11.5 +25.1% Company / Consolidation -3.7 -2.9 +27.7% Adj. EBITDA 13.9 2.8 >+100% Plastics 0.4 -3.0 >+100% China 13.4 7.6 +77.6% Materials -0.1 -0.1 +12.5% Company / Consolidation 0.1 -1.7 >+100% Adj. EBITDA (in % of revenue) 10.3% 2.8% +7.5%-points About STS Group: STS Group AG, www.sts.group (ISIN: DE000A1TNU68), is a leading system supplier to the automotive industry. It employs more than 1,600 people worldwide and generated sales of 235.0 mEUR in the financial year 2020. STS Group ("STS") produces and develops at its twelve plants and three development centers in France, Germany, Mexico, China and, in the future, also in the USA plastic injection moulding and components made of composite materials (Sheet Molding Compound - SMC), such as solid and flexible vehicle and aerodynamic trim, entire interior systems, as well as lightweight construction and battery components for electric vehicles. STS is considered as a technology leader in the manufacture of plastic injection moulding and components made of composite materials. STS has a large global footprint with plants in three continents. The customer portfolio comprises leading international manufacturers of commercial vehicles, passenger cars and electric vehicles. STS Group AG Stefan Hummel Head of Investor Relations Zeppelinstrasse 4 85399 Hallbergmoos Germany +49 (0) 170 1810765 ir@sts.group www.sts.group -----------------------------------------------------------------------------------------------------------------------

2021-08-05 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de ----------------------------------------------------------------------------------------------------------------------- Language: English Company: STS Group AG

Zeppelinstraße 4

85399 Hallbergmoos

Germany Phone: +49 (0)811 124494 0 E-mail: ir@sts.group Internet: https://sts.group ISIN: DE000A1TNU68 WKN: A1TNU6 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf,

Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1224116 End of News DGAP News Service -------------

1224116 2021-08-05

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August 05, 2021 01:30 ET (05:30 GMT)