Georg Fischer AG · SIX:GF

Georg Fischer — Investor Day (November 2023)

102 slides from Georg Fischer's investor day presentation, Nov 16, 2023

Slide 2: Safety instructions
Safety instructions Fluchtweg / Evacuation route Customer Experience Center © GF v3.0 2 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 5: Agenda
Agenda 1 Welcome and registration 13:00 – 13:30 2 Value creation rationale 13:30 – 14:30 ▪ Q&A Session 14:30 – 14:50 3 Show cases – 2 groups ▪ Building solutions deep dive 15:00 – 15:40 ▪ Industry / Infrastructure deep dive 15:50 – 16:30 4 Wrap-up and Q&A Session 16:40 – 17:10 5 Aperitif Bus departu
Slide 6: Presenters
Presenters Andreas Müller Mads Joergensen Joost Geginat Michael Rauterkus CEO CFO President President GF Piping Systems GF Uponor © GF v3.0 6 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 7: Going Forward, Moving Together
Going Forward, Moving Together ▪ GF rationale to become a global leader in sustainable flow solutions ▪ Introducing GF Uponor solutions and management ▪ Deep dive into concrete growth stories ▪ Integration / value creation program and next steps Note: No update on market and business environment © G
Slide 8: Value creation rationale
Value creation rationale © GF v3.0 8 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 9: A major step for GF …
A major step for GF … Benefitting New Leader from Global in Flow Solutions (Sustainability) Trends Leading to a more resilient GF Strengthened Advancing Portfolio and sustainable and global Presence innovative solutions © GF v3.0 9 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 10: … accelerating the GF Strategy 2025 …
… accelerating the GF Strategy 2025 … Drive profitable growth Increase robustness Evolve culture intelligent and sustainable solutions resilient portfolio and operational excellence performance and learning CHF 4.4 – 5.0 bn Sales including acquisitions 9 – 11% Return on sales Add a pic reg flow 20 –
Slide 11: … resulting in a strengthened portfolio and global presence
… resulting in a strengthened portfolio and global presence 2022 sales per division per region pro-forma (pre-transaction) Water and Flow solutions share Rest of World GF Machining 66% Solutions 3% 0.9 (5%) Asia 23% (30%) GF Piping 2.2 Systems CHF 5.4 CHF 5.4 49% Europe GF Casting 0.9 (43%) billion
Slide 12: GF Piping Systems and GF Uponor are well positioned to benefit from global long-term trends
GF Piping Systems and GF Uponor are well positioned to benefit from global long-term trends … Energy efficiency in buildings Energy Energy transition efficiency in buildings Urbanization Digitalization © GF v3.0 12 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 13: … and related demand for energy efficiency in buildings …
… and related demand for energy efficiency in buildings … Energy efficiency in buildings ~40% of EU energy consumption related to buildings (75% not yet energy efficient) ~80% thereof, related to heating, cooling, and hot water € 560 bn Investment needs to meet until 2030 EPBD, with 10 to 20% addres
Slide 14: … for refurbishments and new urban infrastructure …
… for refurbishments and new urban infrastructure … Urbanization +2.7 bn additional people to live in urban areas by 2050 compared to 2021 345 bn water lost by utilities every liters day at cost of $39 billion a year € 700 bn Expenditure on water supply and sanitation construction projects in EU unt
Slide 15: … supporting the energy transition …
… supporting the energy transition … Energy transition H2, Li Hydrogen and Lithium are key enablers to store renewable energy € 50 bn Green Hydrogen production in Europe $ 210 bn Li-Ion battery production extension in China new Giga Factories 40 2020-2030 in Europe Strong product portfolio for indus
Slide 16: … as well as the fast-growing digitalization
… as well as the fast-growing digitalization Digitalization 23% growth in data consumption in 2020-2025; CAGR 100 hyperscale data centers added per year 40% of energy needed for cooling of data centers € 600 bn investment in semi-conductor facilities by 2030 in Asia, US, and EU with increasing need
Slide 17: GF is catching up to become the leader …
GF is catching up to become the leader … 2022 peers overall and piping sales in EUR billion – pro-forma 5.4 34% 4.3 4.0 3.4 3.2 46% 44% 100% 68% Legend: 66% 1.7 1.4 1.4 Overall sales 1.2 1.0 54% 50% Other businesses 56% 100% 32% 100% 100% 100% 50% Piping share Source: Company information & filings;
Slide 18: … in resilient markets
… in resilient markets 2022 Sales by business segment (CHF million) GF Piping Systems (2022) GF Uponor Industry ~930 GF Piping Systems Utility ~1’100 Building ~1’500 GF Uponor Technology © GF v3.0 18 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 19: Our combined offering for building technology …
Our combined offering for building technology … Residential & industrial buildings Drinking Water PEX system Hotels and hospitality Smart Controls Health and care facilities Cruise ships and ferries Heat Interface Units © GF v3.0 19 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 20: … is highly complementary across all applications …
… is highly complementary across all applications … GF Uponor GF Piping Systems Hot and cold-water distribution Hycleen system, riser installations Decentralized solutions Centralized solutions Bathroom installation © GF v3.0 20 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 21: … with significant leverage potential globally
… with significant leverage potential globally Building Technology Potential ▪ Switzerland ▪ Germany ▪ Nordics ▪ Middle East Potential Potential ▪ USA ▪ China ▪ Canada Presence GF Piping Systems GF Uponor GF Piping Systems & GF Uponor © GF v3.0 21 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 22: Similarly, for utilities and infrastructure …
Similarly, for utilities and infrastructure … Pressure Management Water Distribution Hydrogen Storm water solutions MULTI/JOINT Gas Distribution Intake lines Manholes & chambers Gasmeter and Pipes Pipe line repair House connections Machines Wastewater Solutions © GF v3.0 22 Schaffhausen, 16 November
Slide 23: … together, we can offer comprehensive solutions …
… together, we can offer comprehensive solutions … Pressure Management Pressure and Flow Prefabrication and chambers Customization MULTI/JOINT GF Uponor GF Piping Systems Pressure and flow chambers Network performance and rehabilitation Water distribution © GF v3.0 23 Schaffhausen, 16 November 2023
Slide 24: … with potential to benefit from our global presence
… with potential to benefit from our global presence Infrastructure / Utilities Potential Potential Potential ▪ USA ▪ Nordics ▪ Indonesia ▪ Brazil ▪ Germany ▪ India ▪ Canada ▪ Switzerland ▪ Australia Presence GF Piping Systems GF Uponor GF Piping Systems & GF Uponor © GF v3.0 24 Schaffhausen, 16 Nov
Slide 25: Not to forget – our strong industrial position
Not to forget – our strong industrial position COOL-FIT Food & Beverage Chemical Process PVC Battery Production Marine Valves Microelectronics Data Centers Water Treatment Flow sensors © GF v3.0 25 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 26: Together, we can leverage our innovation power …
Together, we can leverage our innovation power … 36 innovations1 launched since 2020 … … and 35+ in the pipeline for launch until 2025 1: Only transformational and adjacent innovation projects considered (project classes 1 and 2) © GF v3.0 26 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 27: … and strong commitment to sustainability and ESG
… and strong commitment to sustainability and ESG Gold Gold (Top 1%)1 (Top 6%) 24th percentile 7th percentile In Machinery In Building Products AA not rated Successfully Successfully validated validated Targets for greenhouse Targets for greenhouse GF Uponor first in its industry to receive gases re
Slide 28: Going Forward, Moving Together – with significant benefits
Going Forward, Moving Together – with significant benefits Cross selling Technology leverage Working together ▪ Products & Solutions Portfolio ▪ Combined Innovation pipeline ▪ Best use of Brands ▪ Channel Leverage ▪ Optimized Production ▪ Procurement Power Footprint ▪ Global Penetration ▪ Shared Ser
Slide 30: An international brand with strong innovation heritage
An international brand with strong innovation heritage The first plastic Uponor introduces First overlapped The world’s first Uponor consolidates Circular PEX pipe factory, Upo-Muovi the unique welded multi-layer press fitting for all business under produced from own starts in Nastola, structured wa
Slide 31: GF Uponor is an industry leader with an attractive geographic and end-market exposure …
GF Uponor is an industry leader with an attractive geographic and end-market exposure … 15 manufacturing facilities 26 countries with GF Uponor operations Key Figures 2022 €1.4 Billion net sales 3’600 Employees (9/2023) ~80 Countries where our products are sold Balanced divisional mix Attractive end
Slide 32: … with a comprehensive product and applications portfolio for buildings…
… with a comprehensive product and applications portfolio for buildings… Drinking Water PEX system Drinking Water Multilayer system Radiant Heating and Cooling systems Smart Controls Heat Interface Units Local Heat Distribution systems © GF v3.0 32 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 33: … and reliable solutions for infrastructure
… and reliable solutions for infrastructure Stormwater Solutions Potable Water Solutions Wastewater Solutions Prefabricated Solutions Sewage Solutions Project Services © GF v3.0 33 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 34: Achieving strong profitability performance …
Achieving strong profitability performance … Sales EBITDA1 EBIT1 EUR million 7.9% CAGR 2019-22 12.9% 1’386 CAGR 2019-22 1’313 18.4% CAGR 2019-22 1’136 210 1’103 208 195 599 564 161 154 500 91 81 143 490 145 76 72 58 51 55 93 468 480 375 389 97 32 95 103 78 75 85 78 57 244 252 287 313 21 29 27 34 19
Slide 35: … expected also for 2023 based on Q3 results
… expected also for 2023 based on Q3 results Comparable Comparable Net sales operating profit OP margin Highlights ▪ Strong comparable OP margin despite soft overall market demand -18.0% -19.7% ▪ Adjusted for structural changes, 12.1% Q3 298.5 M € 36.1 M € Q3 net sales -14.7% and (12.3) (364.0) (44.
Slide 36: GF Uponor’s strategy is well under way
GF Uponor’s strategy is well under way Unlocking the potential of water to protect the place we call home To be the leader in sustainable water solutions Max the Core Innovation Sustainability People First Country, Customer, Category Innovation of sustainable Lead construction industry Instill perfo
Slide 37: Transformation on track towards a leaner and more resilient GF Uponor…
Transformation on track towards a leaner and more resilient GF Uponor… Savings from the Transformation Program … … and related headcount reduction 4’195 completed Transformation related 282 headcount reduction € 30 60 million 19,6 ~ € 19.6 million 252 expected annualised savings 3’601 completed by e
Slide 38: … with improving operational excellence and accelerating innovation pace
CTO Update … with improving operational excellence and accelerating innovation pace Step-change in safety Improved service Improvement in Lost Time On-time delivery Injury Frequency LTIF 68% OTD +32% (Building Europe Division) Less complexity Accelerated innovation Reduction in New Innovation SKUs 5
Slide 39: Strategy execution and innovation to accelerate further with GF
Strategy execution and innovation to accelerate further with GF Unlocking the potential of water to protect the place we call home To be the leader in sustainable water and flow solutions Max the Core Innovation Sustainability People First Cross-selling Technology Leverage Working together © GF v3.0
Slide 40: Going from two separate portfolios of systems …
Going from two separate portfolios of systems … Plumbing and Water systems Plumbing and Indoor Climate systems © GF v3.0 40 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 41: … towards complete solutions for both water delivery and indoor climate
… towards complete solutions for both water delivery and indoor climate Plumbing and Water Solution Indoor Climate Solution Coral Riser Valves Local Heat Manifolds Controls Force distribution Distribution Hycleen Radiant Heating & Cooling Drinking water Domestic Heat Interface installation wastewate
Slide 42: Our sustainability work has a legacy of industry firsts – now also SBTi validation
Our sustainability work has a legacy of industry firsts – now also SBTi validation for net-zero target First PEX pipe based on First circular PEX pipe produced SBTi approved net-zero target and renewable raw materials from own PEX production waste Ecovadis gold rating © GF v3.0 42 Schaffhausen, 16 N
Slide 44: Acquisition of a high-quality business at an attractive multiple
Acquisition of a high-quality business at an attractive multiple Offer consideration FY22 EV / EBITDA1 Financing Excess cash and EUR 2.2 billion 10.6X committed bridge / term loan Enterprise Value Headline multiple from UBS / ZKB 93.8% 8.9X 8 million GF shares intended to be issued from existing Thr
Slide 45: … enabling synergies of EUR 35-45 million p.a. at full run rate in 2027
… enabling synergies of EUR 35-45 million p.a. at full run rate in 2027 ▪ Cross-selling in common markets leveraging mutual go to market ▪ Equal potential of sales and cost synergies ▪ Full penetration of GF Uponor in Switzerland's and Sales other markets synergies ▪ Full expansion of GF in the Nord
Slide 46: Strategic aspirations well aligned – update on combined ambitions in Q1 2024
Strategic aspirations well aligned – update on combined ambitions in Q1 2024 Published GF GF Piping Systems Uponor Uponor strategic targets 2021 - 2025 2021 - 2025 2022 - 2024 2025ff Ambition to further Growth rate organic CAGR 3-5 % 4-6 % >4 % accelerate growth rate Ambition to further EBIT margin
Slide 47: The value creation program is set-up and kicked-off …
The value creation program is set-up and kicked-off … Program Steering Committee Timeline Including Group CEO, Group CFO & divisional Presidents Pre-Day 1 Program Management Office Adequately staffed with dedicated senior resources from both parties ▪ Preparation ▪ Day 1 value protection taskforce S
Slide 48: Outlook and next steps
Outlook and next steps 19 March, 2024* 17 April, 2024 H1 2024 18 July, 2024 2025 Publication of Annual Annual General De-listing of Uponor Publication of Mid- Announcement report 2023 including a Meeting 2024 Oyj at NASDAQ FIN year report 2024 of Strategy 2030 full consolidation of Uponor Oyj * Date
Slide 51: Presenters in show cases
Presenters in show cases Building Technology deep dive Industry / Utility deep dive Michael Rauterkus Andres Caballero Mario Hegi Joost Geginat Sebastian Bondestam President President Building Division NA MD Switzerland / International President President Infra Division GF Uponor GF Uponor GF Piping
Slide 53: Split in 2 groups for show cases outside Auditorium
Split in 2 groups for show cases outside Auditorium © GF v3.0 53 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 54: Industry & Infrastructure Show Cases
Industry & Infrastructure Show Cases © GF v3.0 54 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 55: Global Executive Management Team
Global Executive Management Team Joost Geginat James Jackson Jens Frisenborg President BU Americas BU Industry/Utility Joined 2016 Joined 1999 Joined 2000 Thomas Hary Michael Toh Christopher Duehnen Finance/IT BU Asia BU Building Technology Joined 2005 Joined 2018 Joined 2020 Noel Schreiber Dominque
Slide 56: We make piping systems. But it’s much more than that
We make piping systems. But it’s much more than that Measurement & Control Fittings Valves Specialized Solutions Machines & Tools Pipes © GF v3.0 56 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 57: We offer leak-free piping solutions for numerous demanding end markets
We offer leak-free piping solutions for numerous demanding end markets Water Treatment Energy Food & Beverage Chemical Processing Life Sciences Data Centers Mining Battery Production Commercial Water Microelectronics Marine Water & Gas Utilities © GF v3.0 57 Schaffhausen, 16 November 2023 | Flow Sol
Slide 58: Water intensity in the semiconductor industry
Water intensity in the semiconductor industry © GF v3.0 58 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 59: The semiconductor industry has an increasing demand for high-quality water
The semiconductor industry has an increasing demand for high-quality water 40% increase Rising water demand Tai an By 2030, water demand will exceed supply by 40 An individual fab consumes apan percent. GF Piping tens of millions hina Systems can help improve water quality and reuse. South orea of g
Slide 60: Our application know-how ensures we meet the mission-critical water process needs of our customers
Our application know-how ensures we meet the mission-critical water process needs of our customers Ultrapure & hot Specialty water & Process cooling General waste ultrapure water wastewater water neutralization treatment Reverse Media Ion Deionized osmosis filtration exchanger water © GF v3.0 60 Sch
Slide 61: USD ~600 bn of projects announced globally and construction is planned over the coming years
USD ~600 bn of projects announced globally and construction is planned over the coming years Source: GF Analysis © GF v3.0 61 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 62: From design through to operation, we support the entire fab construction process and beyond
From design through to operation, we support the entire fab construction process and beyond Advanced engineering services Off-site manufacturing, channel sales, and installation training Lifecycle support We support engineering and design at We prefabricate systems and modules in our 17 OSM hubs and
Slide 63: We are a partner for life, right there alongside our customers as we build a better tomorrow
We are a partner for life, right there alongside our customers as we build a better tomorrow GF Piping Systems GF Piping Systems +30 years Supporting the is one of only 22 Distinguished is also one of only 18 Excellent Supplier Award recipients across Performance award recipients industry’s efforts
Slide 64: Automated flow control for cost-efficient chemical processes
Automated flow control for cost- efficient chemical processes © GF v3.0 64 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 65: Across multiple segments, the demand for process automation technology is increasing
Across multiple segments, the demand for process automation technology is increasing 4 34% 34% 3 5-6% EMEA USD Americas 6-7 bn 2 growth 1 per year 32% ASIA Serviceable 0 Valves & Actuation Process Automation 2023 2024 2025 Measurement & Control market worth USD 6-7 billion Total market for water and
Slide 66: Here’s an example of how we’re already helping to improve water quality and reuse worldwide
Here’s an example of how we’re already helping to improve water quality and reuse worldwide In partnership with Tianjin OMZ, we helped Operations began in Spring 2022 with Reduction in wastewater discharge our customer to produce L-lactic acid for pneumatic diaphragm, ball valves, and a thanks to th
Slide 67: And with Uponor Infra, we open up further opportunities within the aquaculture segment
And with Uponor Infra, we open up further opportunities within the aquaculture segment For land-based farming, the Intake and outfall pipeline systems Aquaculture recirculating systems estimated CAPEX is 10-fold compared for a land-based fish farm from (RAS) differentiate in waste emissions and to c
Slide 68: Water utility network rehabilitation and performance
Water utility network rehabilitation and performance © GF v3.0 68 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 69: Water scarcity requires network rehabilitation and performance improvements
Water scarcity requires network rehabilitation and performance improvements This amount of lost water 0 m could supply more than half of the orld‘s population 93 m Water utilities lose Water lost per day 345 billion liters We want to tackle water loss by solving critical water and infrastructure cha
Slide 70: Together, we can help solve this issue and further position ourselves as a utility and infra leader …
Together, we can help solve this issue and further position ourselves as a utility and infra leader … Utti-Keltakangas pipeline, Finland 22 km 290 ELGEF Plus Couplers 56 ELGEF Plus Saddles Uponor pipes Leading provider of utility and infrastructure solutions in the Nordics based on sales of pressuri
Slide 71: … and open up further opportunities due to ready-made synergies such as pressure management
… and open up further opportunities due to ready- made synergies such as pressure management Pressure Management Pressure and Flow Prefabrication and chambers MULTI/JOINT Customization GF Uponor GF Piping Systems Pressure and flow chambers Network performance and rehabilitation © GF v3.0 71 Schaffha
Slide 72: Our expanded portfolio helps address the challenges for water and gas utilities worldwide
Our expanded portfolio helps address the challenges for water and gas utilities worldwide Pressure Storm water tanks MULTI/JOINT and chambers Pressurized and management gravity pipes ELGEF Couplers Machines and Gas fittings – Large Dimensions up to and saddles Tools central plastics DIM 4000 mm © GF
Slide 74: Building Flow Solutions Show Cases
Building Flow Solutions Show Cases © GF v3.0 74 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 75: GF Uponor Leadership Team
GF Uponor Leadership Team Michael Rauterkus Andres Caballero Sebastian Bondestam President and CEO President, Building Solutions President, Uponor Infra – North America Joined 2021 Joined 2022 Joined 2007 Markus Melkko Thomas Fuhr Jennifer Hauschildt Chief Financial Officer Chief Technology Officer
Slide 76: Leading PEX brand in North America
Leading PEX brand in North America © GF v3.0 76 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 77: GF Uponor North America
GF Uponor North America 2023 Q3 YTD North America Headcount Financial Results 575M feet Pipe production volume Office 43.6% 2023 projected $407.7M Net Sales 875M feet 19.2% ~4’500 S U’s Max production capacity 56.4% OP-Margin Hourly Sales by Country Product Mix Renewable Electricity CAN Energy 12.5%
Slide 78: Key Growth Driver: PEX improving productivity at job sites
Key Growth Driver PEX improving productivity at job sites Uponor PEX Benefits Uponor PEX market penetration Easier to use 35% faster than PEX Crimp #1 ~1/3 No special flame training 49% faster than CPVC PEX market leader Single-family residential homes No chemical handling in North America in NA bui
Slide 79: Expanding Capabilities
Expanding Capabilities Manufacturing & Distribution Geographical Expansion Products & Technologies Radiant Energy Heating & Transport Cooling ▪ USA Fire Safety Hydronic Distribution ▪ Canada PEX & PP-RCT Plumbing Systems ▪ USA ▪ Canada Pipes Fittings Valves ▪ Mexico ▪ Brazil ▪ Argentina Measurement
Slide 80: Society Orlando mixed-use complex
Society Orlando mixed-use complex CO2 Safe and Energy Contributing clean water efficiency to net zero Orlando, Florida, USA ▪ Mixed-use apartments & office space ▪ 2023 Project of the Year (Plastics Pipe Institute) ▪ Uponor AquaPEX® for the domestic-water system providing efficient hot water deliver
Slide 81: Demand for energy efficient systems
Demand for energy efficient systems © GF v3.0 81 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 82: Climate change demands for energy efficient solutions in buildings
Climate change demands for energy efficient solutions in buildings 40% 60% of energy consumption reduction of CO2 in Europe caused by emissions from buildings buildings 1 by 20303 “RENOVATION WAVE” to double renovation rate 35 mio. buildings to be renovated +100% of CO2 emissions ZERO by 20304 expec
Slide 83: Heating and cooling solutions powered by Smatrix technology for best comfort
Heating and cooling solutions powered by Smatrix technology for best comfort UP TO 30% reduction in energy Efficient heating and cooling with consumption and CO2 water-based floor and ceiling Uponor Smatrix Controls emissions1 radiant solutions for smooth with innovative Autobalancing renovation Tec
Slide 84: Groundbreaking urban transformation project
Groundbreaking urban transformation project CO2 Energy Contributing efficiency to net zero Cartuja Qanat, Sevilla, Spain ▪ Building Type: Cultural institution ▪ Uponor Thermatop M Radiant Ceiling Cooling to ensure energy saving and comfort © GF v3.0 84 Schaffhausen, 16 November 2023 | Flow Solutions
Slide 85: Sustainable cooling in collaboration with Zaha Hadid architects
Sustainable cooling in collaboration with Zaha Hadid architects CO2 Energy Contributing efficiency to net zero BEEAH Headquarters, Sharjah, UAE ▪ Building Type: Office building ▪ Most AI enabled office in the Middle East ▪ Energy-efficient cooling enabled by Uponor Ecoflex pipes ▪ Net-zero emissions
Slide 86: Demand for safe and clean water
Demand for safe and clean water © GF v3.0 86 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 87: Water hygiene issues in buildings are one of the most underestimated challenges
Water hygiene issues in buildings are one of the most underestimated challenges 3/4 10-25% of buildings in modern cities rent reduction can be claimed by Water must flow! potentially have legionella tenant in case of found legionella3 problems1 Do not store water! 20’000 from 8’000 50’000 € to perso
Slide 88: Intelligent water flow systems ensure safe and clean drinking water at every point of use
Intelligent water flow systems ensure safe and clean drinking water at every point of use Uponor Aqua & Combi Port Thermally separated Heat interface unit for decentral domestic Uponor MLC Risers hot water generation on demand Lines Uponor Water Care from components to system up to 8x higher sales p
Slide 89: Together we will offer solutions for both decentralized and centralized installations
Together we will offer solutions for both decentralized and centralized installations GF Uponor GF Piping Systems Hot and cold-water distribution Hycleen system, riser installations Decentralized solutions Centralized solutions Bathroom installation © GF v3.0 89 Schaffhausen, 16 November 2023 | Flow
Slide 90: Decentralized heating and cooling distribution for one of Germany’s tallest residential buildings
Decentralized heating and cooling distribution for one of Germany’s tallest residential building CO2 Safe and Energy Contributing clean water efficiency to net zero Grand Tower, Frankfurt, Germany ▪ Building Type: Apartment building ▪ Size: 400 apartments and penthouses on 42 floors ▪ Equipped with
Slide 91: GF Piping Systems in Switzerland …
GF Piping Systems in Switzerland … Schaffhausen 60 Sales employees Zürich ~30-35% GF Building Technology market share Key customers Renens Lugano © GF v3.0 91 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 92: … will benefit from complete solutions for both water delivery and indoor climate …
… will benefit from complete solutions for both water delivery and indoor climate … Plumbing and Water Solution Indoor Climate Solution Coral Riser Valves Local Heat Manifolds Controls Force distribution Distribution Hycleen Radiant Heating & Cooling Drinking water Domestic Heat Interface installati
Slide 93: … to increase the GF “share of wallet” per building
… to increase the GF “share of wallet” per building © GF v3.0 93 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 97: Creating the next leader in the flow industry with sustainability and innovation at the core
Creating the next leader in the flow industry with sustainability and innovation at the core Striving for leadership Credible sustainability Resilient portfolio Innovation powerhouse Global player Platform for further growth © GF v3.0 97 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 99: IR and Communication contacts
Profiles IR and Communication contacts Investor Relations Media Enquiries Nadine Gruber Beat Römer Head Investor Relations Head Corporate Communications +41 79 698 14 87 +41 79 290 04 00 [email protected] [email protected] © GF v3.0 99 Schaffhausen, 16 November 2023 | Flow Solutions Day
Slide 100: Disclaimer
Not for release, publication or distribution in the United States, Canada, Australia or Japan Disclaimer THE CONTENTS OF THIS PRESENTATION MAY NOT BE RELEASED, PUBLISHED OR Information for Shareholders of Uponor in the United States DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INT
Slide 101: Disclaimer
Not for release, publication or distribution in the United States, Canada, Australia or Japan Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy securities of Georg Fischer AG or of any other company and it does not constitute a prospectus or similar notice wi
Slide 102: Disclaimer
Not for release, publication or distribution in the United States, Canada, Australia or Japan Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy securities of Georg Fischer AG or of any other company and it does not constitute a prospectus or similar notice wi

Georg Fischer — Investor Day (November 2023) on 6ix

Georg Fischer — Investor Day (November 2023)

Slide 1: Flow Solutions Day

Slide 2: Safety instructions

Slide 3: Photos, videos and streaming

Slide 4: Flow Solutions Day

Slide 5: Agenda

Slide 6: Presenters

Slide 7: Going Forward, Moving Together

Slide 8: Value creation rationale

Slide 9: A major step for GF …

Slide 10: … accelerating the GF Strategy 2025 …

Slide 11: … resulting in a strengthened portfolio and global presence

Slide 12: GF Piping Systems and GF Uponor are well positioned to benefit from global long-term trends

Slide 13: … and related demand for energy efficiency in buildings …

Slide 14: … for refurbishments and new urban infrastructure …

Slide 15: … supporting the energy transition …

Slide 16: … as well as the fast-growing digitalization

Slide 17: GF is catching up to become the leader …

Slide 18: … in resilient markets

Slide 19: Our combined offering for building technology …

Slide 20: … is highly complementary across all applications …

Slide 21: … with significant leverage potential globally

Slide 22: Similarly, for utilities and infrastructure …

Slide 23: … together, we can offer comprehensive solutions …

Slide 24: … with potential to benefit from our global presence

Slide 25: Not to forget – our strong industrial position

Slide 26: Together, we can leverage our innovation power …

Slide 27: … and strong commitment to sustainability and ESG

Slide 28: Going Forward, Moving Together – with significant benefits

Slide 29: GF Uponor overview

Slide 30: An international brand with strong innovation heritage

Slide 31: GF Uponor is an industry leader with an attractive geographic and end-market exposure …

Slide 32: … with a comprehensive product and applications portfolio for buildings…

Slide 33: … and reliable solutions for infrastructure

Slide 34: Achieving strong profitability performance …

Slide 35: … expected also for 2023 based on Q3 results

Slide 36: GF Uponor’s strategy is well under way

Slide 37: Transformation on track towards a leaner and more resilient GF Uponor…

Slide 38: … with improving operational excellence and accelerating innovation pace

Slide 39: Strategy execution and innovation to accelerate further with GF

Slide 40: Going from two separate portfolios of systems …

Slide 41: … towards complete solutions for both water delivery and indoor climate

Slide 42: Our sustainability work has a legacy of industry firsts – now also SBTi validation

Slide 43: Value Creation Program

Slide 44: Acquisition of a high-quality business at an attractive multiple

Slide 45: … enabling synergies of EUR 35-45 million p.a. at full run rate in 2027

Slide 46: Strategic aspirations well aligned – update on combined ambitions in Q1 2024

Slide 47: The value creation program is set-up and kicked-off …

Slide 48: Outlook and next steps

Slide 49: Q&A

Slide 50: Show cases

Slide 51: Presenters in show cases

Slide 52: Show case set up

Slide 53: Split in 2 groups for show cases outside Auditorium

Slide 54: Industry & Infrastructure Show Cases

Slide 55: Global Executive Management Team

Slide 56: We make piping systems. But it’s much more than that

Slide 57: We offer leak-free piping solutions for numerous demanding end markets

Slide 58: Water intensity in the semiconductor industry

Slide 59: The semiconductor industry has an increasing demand for high-quality water

Slide 60: Our application know-how ensures we meet the mission-critical water process needs of our customers

Slide 61: USD ~600 bn of projects announced globally and construction is planned over the coming years

Slide 62: From design through to operation, we support the entire fab construction process and beyond

Slide 63: We are a partner for life, right there alongside our customers as we build a better tomorrow

Slide 64: Automated flow control for cost-efficient chemical processes

Slide 65: Across multiple segments, the demand for process automation technology is increasing

Slide 66: Here’s an example of how we’re already helping to improve water quality and reuse worldwide

Slide 67: And with Uponor Infra, we open up further opportunities within the aquaculture segment

Slide 68: Water utility network rehabilitation and performance

Slide 69: Water scarcity requires network rehabilitation and performance improvements

Slide 70: Together, we can help solve this issue and further position ourselves as a utility and infra leader …

Slide 71: … and open up further opportunities due to ready-made synergies such as pressure management

Slide 72: Our expanded portfolio helps address the challenges for water and gas utilities worldwide

Slide 73: © GF v3.0

Slide 74: Building Flow Solutions Show Cases

Slide 75: GF Uponor Leadership Team

Slide 76: Leading PEX brand in North America

Slide 77: GF Uponor North America

Slide 78: Key Growth Driver: PEX improving productivity at job sites

Slide 79: Expanding Capabilities