LEONI Investor Presentation — August 2020

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Aldo Kamper, CEOFinancial results

Ingrid Jägering , CFO

12 August 2020[Confidential ]Q2 2020 significantly burdened by Covid -19 -gradual improvement since May 2020

›Sales, operating income and FCF in Q2 2020 down y/y due

tostrongly declining volumes in both divisions .

›April marked thelow-point during Q2 –gradual recovery has

started and isin linewithrestructuring assumptions .

›Two-thirds ofproduction sites back at normalised production

levels and China almost back topre-crisis levels at theend of

›VALUE 21 implementation progressing in plan: implemented

measures expected toyield already c. EUR450m ofgross

cost savings from 2022 onwards . Well on track toachieve

gross cost savings target ofEUR500m from 2022 onwards .

›Additional EUR330m credit line guaranteed by German

Federal Government and State Governments ensures

continuation of business operations including Covid -19

impact, assuming that the market will gradually recover over

the course of the year.

[Confidential ]Q2 2019 Copper price

growthQ2 2020Sales down 46% year -on-year

›Q2 sales development ( -46% y/y; H1/20: -28% y/y)

suffered from collapse in global demand across almost

all end customer industries.

›April marks low -point in top -line development –gradual

monthly improvement since.

4Q2 2020 sales decline due to Covid -19-related production shutdown

›Both divisions affected by Covid -19-related plant

shutdowns and other production restrictions.

›Sharpest H1 sales decline the Americas ( -35% y/y),

followed by EMEA ( -29%) and Asia ( -18%). € million

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