Baader Investment Conference

18-21 September 2023

Nikolai Baltruschat (Head of Investor Relations)

iStock.com/metamorworks

Disclaimer

This presentation contains forward looking statements. The statements are based on current assumptions and estimates made by the executive board and information currently available to its members. The forward looking statements are not to be viewed as guarantees of the future developments and results presented therein. Future developments and results are in fact dependent on a variety of factors and are subject to various risks and imponderables. They are based on assumptions that could in fact prove to be invalid. The risk and opportunity report in the 2022/23 annual report on pages 96 to 106 presents an overview of the risks. We assume no obligation to update the forward-looking statements made in this presentation.

This presentation includes percentage and number rounding. Typing and printing errors reserved. In addition, all disclaimers published on the Südzucker website apply.

Written and visual value statements are standardized as follows:

➔

/

/

/

± 1 %

± 1-4 %

± 4-10 %

> ± 10 %

stable

slight

moderate

significant

2

Südzucker Group

FINANCIAL TRANSPARENCY

Agenda

Overview and Strategy

Executive Summary

Financial Highlights Q1 2023/24

Capital Market and Financing

Development

  • Non-sugarsegments
  • Sugar segment Outlook 2023/24

Appendix

3

Südzucker Group

FINANCIAL TRANSPARENCY

Südzucker Group at a glance

23 %

34 %

Group Revenues

9.5 bn €*

15 %

16 % 13 %

Special products CropEnergies Starch Fruit Sugar

  • Global operating German food group with long-standing corporate history and diversified business model:
    • 1837: Foundation of first sugar company
    • 1926: Foundation of Süddeutsche Zucker-AG
    • ~ 100 production facilities
    • ~ 18,300 employees, worldwide
  • Majority shareholder / Key shareholders:
    • SZVG: 61 %
    • Zucker Invest GmbH: 10 %
  • Stock exchange listing in Germany
    • SDAX-member
    • Trading volume*: ~ 0.5 mn shares/day
  • Sustainable investment grade rating

*Financial year 2022/23

4

Südzucker Group

FINANCIAL TRANSPARENCY

Südzucker Group - Key ratios 2022/23

Revenues

9.5 (7.6) bn €

Sugar:

3.2 (2.6) bn €

Non-sugar:

6.3 (5.0) bn €

EBITDA

1.070 (692) mn €

Sugar: 381 (133) mn €

Non-sugar: 689 (559) mn €

Operating Result

704 (332) mn €

Sugar: 230 (-21) mn €

Non-sugar: 474 (353) mn €

Cash flow

927 (560) mn €

Net Financial Debt

1,864 (1,466) mn €

Net Financial Debt/Cash flow

2.0x (2.6x)

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Südzucker Group

FINANCIAL TRANSPARENCY

Attachments

Disclaimer

Südzucker AG published this content on 20 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2023 06:30:06 UTC.