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Remote Desktop Redirected Printer Corporate Presentation Overview A Euronext-listed holding company of leading metal processing companies across Europe. 80+ EUR 4.2 billion EUR 3.1 billion 8 Business 21 Markets Years Technology Revenue 2019 Investments 2001-2019 segments served history and innovation Providing a wide range of products and solutions tailored to our customers’ needs. 2 Global Presence N. America: 1 sales office Europe: Asia: 37 plants 2 plants 17 sales 3 sales offices offices Sales in more than Commercial Commitment to Highest quality 105 countries network in environmentally of products 21 countries responsible operations and services 3 Markets Viohalco companies supply a diverse range of products across a wide range of markets. They are committed to the sustainable manufacture of innovative value-added products and providing solutions that meet the requirements of blue- chip customers across the globe. Highly diversified Extensive experience Building and construction Energy and power networks Transportation Road and Construction Oil and Telecommunication gas and data networks rail industry Offshore Renewable Automotive Shipbuilding Building and Water supply Power and submarine energy industry industry architectural and sanitation Networks networks industry Industrial applications Other markets Packaging Lithography Technology industry industry Mining and Household Coin and R&D tunneling appliances blanks Power and electronic equipment Industrial engineering Signage Fish farming Refractories Heating, ventilation, Real estate Resource air-conditioning recovery and refrigeration market 4 Segments and main companies o Viohalco companies specialise in the manufacture of aluminium, copper, steel, steel pipes and cables products. o Viohalco’s portfolio also includes a dedicated R&D&I and technology segment, and a real estate segment. Notes . Viohalco and Cenergy Holdings are listed on Euronext Brussels and Athens Stock Exchange • ElvalHalcor is listed on Athens Stock Exchange 5 Production Base - Main Plants and Ports Main plants Oinofyta | (Greece) Bridgnorth | (UK) Oinofyta | (Greece) Mandra | (Greece) Sofia | (Bulgaria) Saint Thomas | (Greece) Oinofyta | (Greece) Oinofyta | (Greece) Sofia | (Bulgaria) Oinofyta | (Greece) Ioannina | (Greece) Oberhausen | (Germany) Thisvi | (Greece) Thiva | (Greece) Soussaki, Corinth | (Greece) Bucharest | (Romania) Livadia | (Greece) Oinofyta | (Greece) Thessaloniki | (Greece) Almyros | (Greece) Pernik | (Bulgaria) Nikolic | (North Macedonia) Thessaloniki & Almyros | (Greece) Aspropyrgos | (Greece) Ports Soussaki, Corinth | (Greece) Thisvi | (Greece) Almyros | (Greece) West port | (Bulgaria) 6 History in Brief Corporate ’30s ’40s ’50s ’60s expansion Intensive investments Incorporation Listing in new machinery (incl. state-of Launch of steel production, cable of Hellenic Copper operations, sanitary ware and tile on the Athens Stock the-art aluminium rolling mill). Industry S.A. in 1937. production. Holding company structure Exchange obtained in Renaming to Viohalco-Hellenic adopted. 1947. Copper and Aluminium Industry S.A. ’ Expansion ’70s ’80s ’90s s of Viohalco ’00 portfolio Restructuring Listings New companies founded including Bridgnorth Aluminium Ltd of companies through multiple spin-offs on the Athens Stock Exchange of including aluminium profiles company (United Kingdom), Stomana Industry designed to create a cohesive corporate major subsidiaries. Etem S.A. and Elval S.A., a spin-off from S.A. (Bulgaria), Sofia Med S.A. (Bulgaria), culture across all production units. Capital increase of Viohalco. Viohalco Aluminium. Icme Ecab S.A. (Romania) and Corinth Pipeworks S.A. (Greece). In July 2011, Hellenic Cables acquisition of subsidiary Symetal (renamed Elval Hellenic Fulgor. Aluminium Industry S.A.). In February 2018, commencement of trading of new shares of ElvalHalcor on the Athens . In November 2013, merger by absorption of . In February 2016, cross-border merger by Stock Exchange. ’10s the Greek company Viohalco-Hellenic Copper absorption of the Greek companies Elval and Aluminium Industry and the Belgian Holdings, Alcomet, Diatour and the . In August 2019, ElvalHalcor completed the company Cofidin by the Belgian company Luxembourg company Eufina by Viohalco S.A. transformation of the branch in Pogoni- Viohalco. Subsequent primary listing and Ioannina, manufacturing plant of all types of trading on Euronext Brussels Exchange of . In December 2016, cross-border merger by coin blanks and rings into a newly founded Viohalco shares. absorption by Cenergy Holdings of the Greek company under the trade name “Epirus listed companies Corinth Pipeworks Holdings Metalworks Societe Anonyme” (Epirus . In February 2014, secondary listing of Viohalco S.A. and Hellenic Cables S.A. Holdings Société Metalworks). shares on the Athens Stock Exchange. Anonyme completed. In October 2019, Noval Property was . In November 2014, Elval merged with Etem . In July 2017, Halcor sold its participation in established as Real Estate Investment through absorption of the latter by the former. Sofia Med to Elval. Company (REIC). Noval Property was formed through the merger of Noval SA and Vet SA, . In July 2015, cross-border merger by . In December 2017, merger by absorption of in parallel and simultaneously with in kind absorption of Sidenor Holdings by Viohalco. non-listed Elval by Athens Stock Exchange contribution of properties from other entities listed Halcor concluded with the latter affiliated to the merged companies. In September 2015, spin-off of the aluminium renamed to ElvalHalcor Hellenic Copper and 7 rolling sector of Elval, then absorbed by Elval's Aluminium Industry S.A. (ElvalHalcor). 2019 Financial Highlights Revenue EUR mil, 4,406 4,198 3,721 Viohalco responded resiliently to headwinds in 2019, 3,536 chiefly as a consequence of its companies’ diversified 3,317 3,275 3,119 2,958 2,885 2,943 business models and prudent management. • Viohalco’s consolidated revenue was EUR 4,198 million, down 5% year-on-year, due to declining metal prices and lower sales volumes in some segments due to market slowdown recorded in the last quarter of 2019. 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 • Consolidated a-EBITDA was down 3% year-on-year to EUR 302 million. EBITDA EUR mil, • Net finance cost improved to EUR 98.5 million (2018: EUR 102.5 million), mainly due to credit 332 spread reductions implemented gradually across all 303 313 303 Viohalco companies in recent years. 284 273 240 250 232 • Viohalco’s consolidated profit before income tax for 177 194 the year was EUR 32 million, compared to EUR 96 159 155 million in 2018, affected mainly by lower metal 120 prices. 4 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 EBITDA a-EBITDA 8 Aluminium Segment Aluminium Segment > At a glance 50 Sales in More than 10 manufacturing Technologically advanced and State of the 100+ Turnkey 100 countries 50 years’ plants across innovative custom-made art facilities solutions providers experience 3 countries solutions Viohalco companies offer a wide variety of aluminium products, including coils, strips, sheets and foil for various applications, coils for lithographic printing and architectural and industrial aluminium profiles. The aluminium segment processes, manufactures and markets aluminium product solutions for highly demanding multinational customers in a number of markets. With state-of-the-art production facilities in Greece, the United Kingdom and Bulgaria, and a dynamic commercial presence in key geographical markets, aluminium segment companies maintain a solid position within the global aluminium industry. 10 Aluminium Segment > Markets and Products Building and Transportation Lithography Industrial Aluminium shates and plates for construction marine applications, aluminium industry applications Flat rolled aluminium products solutions for trucks, trains, buses, and Litho coils for the offset Aluminium rolled products for and solutions, coated commercial vehicles’ components, printing industry including engineering applications. aluminium products used in the brazing products for heat exchangers. computer - to plate – building envelope, aluminium Automotive extruded profiles for applications. architectural building systems. crash management systems, chassis, suspension systems, doors. Packaging industry Energy and power Heating, ventilation Other markets Sheets and coils for rigid networks A/C and Aluminium circles and packaging, beverage and food shapes for household cans and closures, aluminium Aluminium coils for the production of refrigeration market appliances and cookware. flexible packaging for food, bus-ducts in power plants and for LNG Aluminium brazing strips and foils Composite panels, profiles pharmaceutical, and household storage tanks, strips for transformers, for heat exchangers. and prepainted coils for applications. wide tread plates for windmills, signage. products for windmill applications, profiles for photovoltaic applications, electrical strips for transformer windings. 11 Aluminium Segment > Μain plants Flat rolled aluminium products and solutions for Plain aluminium foil in a wide range of gauges the packaging, building and construction, sea, and alloys for various usages such as flexible and road and rail transportation, energy, industrial, pharmaceutical packaging, food containers, cookware and HVAC&R markets. household batteries and various technical applications. • Location: Oinofyta - Greece • Capacity: 292,500Tn/year • Location: Oinofyta - Greece • Capacity: 52,000Tn/year Solutions for a complete
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