ANNUAL

REPORT

2022

OUR MISSION:

TO EMPOWER YOURS

2

CONTENTS

RELENTLESS INNOVATORS

5

SUSTAINABILITY REPORT 2022

22

TO THE SHAREHOLDERS

41

Letter from the CEO

41

Management Board Members

42

Report by the Supervisory Board

43

Supervisory Board Members

47

GROUP MANAGEMENT REPORT

48

Basis of the Group

48

Economic and Business Report

55

Opportunities and Risks

65

Forecast

73

Corporate Governance

74

Disclosures required under Takeover Legislation

75

CONSOLIDATED FINANCIAL STATEMENTS AND RELATED NOTES

77

Consolidated Income Statement

78

Consolidated Statement of Comprehensive Income

79

Consolidated Statement of Financial Position

80

Consolidated Statement of Cash Flow

82

Consolidated Statement of Changes in Equity

84

Notes to the Consolidated Annual Financial Statements

86

Responsibility Statement

139

INDEPENDENT AUDITOR'S REPORT

3

FINANCIAL

HIGHLIGHTS

UNITS

2022

2021

CHANGE

(IN %)

Revenue

kEUR

105,709

75,115

+41%

EBITDA

kEUR

(7,752)

(8,597)

+10%

EBITDA margin (as % of revenue)

%

(7%)

(11%)

+36%

Adj. EBITDA

kEUR

(1,193)

(8,597)

+86%

Adj. EBITDA margin (as % of revenue)

%

(1%)

(11%)

+90%

Period Result

kEUR

(24,744)

(20,375)

-21%

EPS

EUR

(0.96)

(0.90)

-7%

Order Intake

kEUR

87,927

70,383

+25%

Order Backlog

kEUR

41,993

42,810

-2%

Number of Shares

25,744,680

22,701,725

4

RELENTLESS

INNOVATORS

SLM Solutions is a forward-thinking technology company that consistently creates world firsts in the field of metal additive manufacturing. We have a proud technology heritage as one of the core inventors of the process and yet, we've never stopped innovating and continue to push boundaries everyday thanks to the creativity of our global workforce, of which >40% are engineers.

The business of SLM Solutions is to produce and sell machines for the additive manufacturing of metal parts (metal 3D printers). Today, SLM® machines are used for serial production and prototyping in various industries including but not limited to aerospace, automotive, energy, healthcare, tooling as well as research and development. SLM Solutions partners with leading companies in these industries and thus relentlessly innovates metal-based additive manufacturing. As an integrated solution provider, SLM Solutions' product portfolio includes not only machines but also software, metal powder, quality assurance products, and consulting. Enabling our customers on their end-to-end solutions. SLM Solutions' experts work with customers at each stage

of the sales process to provide support and knowledge sharing. Thus, allowing our valued customers to elevate the use of our technology while ensuring their return on investment is maximized. With a global sales and service network, SLM Solutions is always close to the customer and readily available. SLM Solutions Group AG is headquartered in Germany with offices in Canada, China, France, India, Italy, Japan, Singapore, South Korea, and the United States.

ABOUT US

1

2

3

4

SLM Solutions is

It has been 18

SLM Solutions

SLM Solutions

#1 in the industry

years since the

has a 100% focus

has installed

of multi-laser

first industrial

on metal additive

over 800

machines

selective laser

manufacturing

machines

melting machine

and alloy

around the

installation

development

world

5

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Disclaimer

SLM Solutions Group AG published this content on 21 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2023 08:22:08 UTC.