Q1 2021 Results Presentation

WABERER'S INTERNATIONAL Nyrt.

Budapest, 10 May 2021

Forward-looking statements

This presentation may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore should not have undue reliance placed upon

them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation

to update publicly any of them in light of new information or future events.

Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things the 2020 Annual Report, dated 22 April 2021, and available on our website for investors at

https://www.waberers.com/files/document/document/1237/Consolidated%20Annual%20Report_2020.pdf.

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Agenda

|

Results of Turnaround on Group level and on ITS segment level, major

challenges

|

Group Finances

|3

Key messages

I. Successful company turnaround continues - 3rd consecutive positive and Q-by-Q

growing recurring EBIT

  1. Positive reported Group EBIT (EUR 4.5 mn) and Net Income (EUR 2.7 mn) - Highest values since 2017
  1. Positive reported ITS HU & PL EBIT in March - Further finetuning of operation & customer portfolio to stabilize performance

IV. Operational challenges due to Brexit, pandemic & global supply chain turbulense -

Challenges in short term, opportunities in long term

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Results of Company turnaround

Group recurring EBIT (EUR mn)1

2018: EUR - 1.3 mn

2019: EUR - 11.0 mn

2020: EUR 2.1 mn

3.2

3.3

3.5

4.5

0.7

0.1

1.2

-2.7

-1.7

-0.6

-2.7

-5.9

-8.6

Q1 18

Q2 18

Q3 18

Q4 18

Q1 19

Q2 19

Q3 19

Q4 19

Q1 20

Q2 20

Q3 20

Q4 20

Q1 21

Group net indebtedness & leverage (EUR mn)2

400

Net leverage ratio

Net indebtedness

8

330

328

286

291

7

300

258

278

279

5.7

6

5.0

5.4

191

200

4.3

187

176

5

161

3.8

119

117

100

3.0

3.4

3.3

3.2

3.1

4

2.9

3

2.2

2.1

0

2

Q1 18

Q2 18

Q3 18

Q4 18

Q1 19

Q2 19

Q3 19

Q4 19

Q1 20

Q2 20

Q3 20

Q4 20

Q1 21

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1Pro forma figures restated according to IFRS 16.

2 Buy back value of leased vehicles at ITS segment is not represented in the books since Q4 2019

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Waberer's International Nyrt. published this content on 10 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2021 12:09:05 UTC.