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Aumann AGAnnual General Meeting

21 August 2020

1

COVID-19 pandemic burdens the global economy

2

Our thanks go to our employees!

3* Order intake evolution in € million and in %

Production solutions

Growth in E-mobility segment*

High level of customer trust

Focus on E-mobility

27% 36% 39%

63%

73% 64% 61%37%

2017A2016A

190282

2018A

291

2019A

190

Classic

E-mobility

Autonomous Driving Comfort & Safety

E-on-demandE-Traction

Aumann benefits from the transformation to E-mobility

4

Technology know-how Product know-howInnovation

… …

Engineering - Pioneering - Customizing

Aumann is an important development partner

5

Specific trends

Aumann segments

Megatrends

Aumann competences

Aumann benefits from megatrends

Winding Assembly Welding AutomationMeasuring

& Testing

Cla

ssic

E-m

obili

ty

Software Service

6* Internal market evaluation

Electrification

Electric motor

Co

mp

lexi

tyo

fn

ew

pro

du

cts

Energy storage

Standardizing

Electrification

Winding and assembly ofE-auxiliary systems

Electric motor/traction module

Winding and assembly ofstator, rotor and motor

Energy storage/conversion

Assembly of battery modules,packs, boxes, and fuel cells

Innovation

Market access through

Aumann is focused on E-mobility

Importance of selected product areasin the automotive industry*

7

46%

19%

11%

8%

USA

Germany

OtherFrance

China

Japan

South Korea

Source: Reuters Graphics 2019

Transformation CO2-neutrality

2050

Status quo

Today

Automotive industry in the middle of a transformation

OEM CapEx plans in E-mobilityin US$ billion and in % by country of origin of OEM

US$ 300 billion

until 2030

Market share by drivetrainSchematic illustration

8

Consumers still hesitant

Demand weakness

Cla

ssic

drive

train

E-m

obili

ty

Decreased

Confidence

Stricter

Regulation

Declining

Image

Lower

Range

Unfamiliar

Technology

Insufficient

Infrastructure

* Source: University of St. Gallen, 17 April 2020

20142010 2017 2020FC20192018

77.6

65.0

89.897.3 95.6

91.7

-5.8%

-29.1%

COVID-19

Global vehicle production* in million units

Overcapacities

9* Source: IHS Q2/2017, Statista April 2020

Urbanization

Mobility

Ecology+WLTP +

Market recovery is a question of time

Short-term drivers Long-term trends

Global vehicle production* in million units

IHS Forecast 2017

Current vehicle production

Scenario 1

Scenario 2

10

Share price in comparison*12-months, indexed

Source: Bloomberg, as of 20 August 2020 | * for direct comparison SDAX and DAX Automobiles & Parts as indexed price indices

Aumann share price linked to the automotive sector

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

06/2004/2008/19 10/19 12/19 02/20 08/20

Aumann Share DAX Automobiles & Parts SDAX

11

Fiscal year 2019

12

Overview 2019

Strong progress in the development of new thick/flat wire applications

E-mobility segment’s order intake share increases to 62.8%

Revenue of €259.6 million with a 9.6% increase in the E-mobility segment

€21.2 million EBITDA (8.2% margin) and €16.3 million adjusted EBIT (6.3% margin)

Equity ratio of 62.2% and liquidity of €95.3 million

Measures to make the cost structure and production depth more flexible

13

2018A

115.1

2019A

105.0

9.6%

2018A

119.0

2019A

113.5

4.9%

E-mobility segment continued to grow

E-mobility order intakein € million

E-mobility revenuein € million

14

185.8

2018A 2019A

144.5

-22.3%

2019A2018A

70.5

177.4

-60.2%

Order intake in the Classic segment collapsed

Classic order intakein € million

Classic revenuein € million

15

Order intakein € million

Order intake segment splitin %

Total order intake significantly below previous year

2018A 2019A

189.5

290.9

113.5

177.4

119.0

70.5

-34.9%

Classic E-mobility

39%

61% 63%

37%

2018A 2019A

16

Revenuein € million

Revenue segment splitin %

E-Mobility revenue could not compensate for drop in Classic

2018A 2019A

259.6

290.8

105.0

185.8

115.1

144.5

-10.7%

Classic E-mobility

36%

64%

44%

56%2018A 2019A

17

EBITDA*in € million and in % of revenue

Adj. EBIT**in € million and in % of revenue

* Not shown: effects of reconciliation | ** not shown: effects of reconciliation and adjustments

Results impacted by tense market environment

15.7

33.0

2018A

17.0

2019A

11.9

9.2

21.2

Classic E-mobility

29.3

2018A

6.7

14.2

9.5

2019A

14.9

16.3

8.2%11.2% 6.3%10.1%

18* Liquidity and securities (non-current assets) and financial assets (current assets) | ** without cash-positions and financial assets

Solid balance sheet

95

84

147

203(62%)

€74 millionNet cash

Equity

Assets

102

21

Equity & Liabilities

Non-current assets**

Current assets**

Cash*Other liabilities

Financial liabilities

327 327

Balance sheet 31 December 2019in € million

19

Fiscal year 2020

19

20

2020 will be a challenging year

Managing ongoing crisis in the automotive industry

Effects from the COVID-19 pandemic

Adjustment and optimization of the organization

Continuing research and development in E-mobility technologies

Guidance 2020 confirmed at the lower end of each range

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H1 2019 H1 2020

38.0

41.8

+10.1%

Order intakein € million

E-mobility order intakein € million

H1 2019

48.2

H1 2020

86.183.1

38.0 41.8

41.2

-3.6%

Classic E-mobility

Order intake roughly in line with previous year

22

Falling revenue due to lower order intake in 2019

H1 2020H1 2019

29.7

76.9

-61.4%

Revenuein € million

Classic revenuein € million

84.7

H1 2019

133.5

H1 2020

76.9

56.6 55.0

29.7

-36.6%

Classic E-mobility

23

Revenue by quarterin € million

Adj. EBITDA* by quarterin € million and in % of revenue

* Not shown: effects of reconciliation

Second quarter marked by COVID-19 effects

-0.7

Q1 2020 H1 2020Q2 2020

1.5

-2.3

1.40.1

-2.7

0.4

-2.8

1.8

-6.2%3.2% -0.9%

H1 2020Q1 2020 Q2 2020

48.1

36.6

84.7

29.8

18.3

11.4

25.2

55.0

29.7

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Reconciliation of EBITDAin € million

Additional extraordinary effects due to one-of expenses

Adjustmentof one-ofexpenses

EBITDAQ1 2020

5.6

EBITDAQ2 2020

3.3

Adj.EBITDA

HY1 2020

1.5

-0.7

-3.0

Site closureHennigsdorf

-0.3

Other capacityadjustments

One-of adjustment expensesin € million

€3.3 million

25* Liquidity and securities (non-current assets) and financial assets (current assets) | ** without cash-positions and financial assets

Balance sheet continues to be solid

74

123

84

86

€65 millionNet cash

Assets

Other liabilities

Non-current assets**

198(68%)

21

Equity & Liabilities

Current assets**

Cash*

Equity

Financial liabilities

293 293

Balance sheet 30 June 2020in € million

26

Processes

Organization

Capacity

Aumann actively addresses the crisis

Optimization of production depth

Securing profitability

Adjustments of corporate structures

Systematization of processes

Further digitalization

27

Thin

wire

AutomatedTrickle Winding

• Highly automated stator production

• Standardized process modules

• Reduced space requirements

Characteristics

1. High rotation speed e-motors

2. Price sensitive vehicle segments

Application

Aumann drives technological developments forward

Aumann portfolio for electric traction motorsCustomer products

Thic

k / fla

t w

ire

I-Pin

Hairpin

Continuous Hairpin

Concentrated Needle Winding

Distributed Needle Winding(one & two layer)

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Exclusive winding

technologies

Highest degree of automation

Turn-keyproduction lines

Technologiesfor E-drivetrain

and electrification

Decades ofautomotive focus

Relationships to major OEMs/Tier-1s

6 locations in Europe, China, USA

Experience with large order volumes

Highly skilled engineers

Technological

leadership

E-mobility

focus

Corporate setup

and workforce

A global leader in highly automated production lines for E-mobility

Aumann is attractively positioned

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Stock option programme 2020*

Entrepreneurial incentive for long-term and sustainable value enhancement

Long-term retention of highly qualified and committed top performers

Shareholders benefit from the achievement of growth targets and share price performance

300,000 stock option rights for members of the Executive Board and senior management

Dilution effect max. 1.97%, but no significant liquidity burden for Aumann

Exponential incentive effect through thresholds and average price

Waiting period of 4 years plus one working day

* Agenda item 6

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No matter who will prevail the E-mobility revolution

they will need production solutions Made by Aumann

www.aumann.com

31

Contact

Aumann AGDieselstr. 648361 BeelenGermanywww.aumann.com

Investor RelationsTel.: +49 2586 888 7807Fax: +49 2586 888 7805Email: ir@aumann.com

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