Substantial rise in orders on continuing momentum, further increased operational profitability

CEO Frederic Lalanne has said: “We navigated through a difficult market environment characterized by geopolitical uncertainties and inflationary pressures. Thanks to our diversified product portfolio, strong operational execution, and strict cost management, we managed to further increase operational profitability. Supported by our solid order backlog, we are well-positioned to capture the continuing momentum and yet again deliver on our guidance and continue our profitable growth.” Midyear 2022 HIGHLIGHTS - Orders up 11.4% (+10.9% organic) YOY, increased order backlog at CHF 1896.2m (+10.0% vs year end 2021) - Sales +0.9% (+0.6% organic) in H1 driven by Chemtech and Services - Operational Profitability (opEBITA%) at 9.0%, up 50 bps YOY - Free Cash Flow CHF –78.2m on higher working capital and global supply chain constraints - Decision to exit Russian market resulted in one-off write-down of Russian assets booked in H1 - 2022 guidance confirmed excluding the impact of exiting the Russian market

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