voestalpine AG voestalpine AG www.voestalpine.com

BUSINESS YEAR 2017/18 Press conference, June 6, 2018

Welcome!

voestalpine AG | | June 6, 2018 2 Press Conference Business Year 2017/18

BUSINESS YEAR 2017/18

ECONOMIC ENVIRONMENT AND HIGHLIGHTS

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BUSINESS YEAR 2017/18 ECONOMIC ENVIRONMENT

June 6, 2018 Press Conference Business Year 2017/18 3

USA: Positive market trend; risks from economic policies

BRAZIL: Economic turnaround

EUROPE: Broad economic upswing

CHINA/ASIA: Stable growth

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HIGHLIGHTS OF THE BUSINESS YEAR 2017/18 “RECORD-BREAKING YEAR”

» Revenue: +14.2% (EUR 11.3 billion to EUR 12.9 billion)

» EBITDA: +26.8% to EUR 1.95 billion

» EBIT: +43.3% to EUR 1.18 billion

» Equity: +8.2% to EUR 6.6 billion

» Dividend increase: from EUR 1.10 to EUR 1.40*

» Total number of employees: 51,600

» Construction start at special steel plant in Kapfenberg and hydrogen pilot facility in Linz

June 6, 2018 4 Press Conference Business Year 2017/18

* Proposed to the Annual General Meeting

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BUSINESS YEAR 2017/18 REGIONS AND INDUSTRIES WORLDWIDE

June 6, 2018 5 Press Conference Business Year 2017/18

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June 6, 2018 Press Conference Business Year 2017/18 6

BUSINESS YEAR 2017/18 FINANCIAL KEY FIGURES

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Earnings per share 2.84 4.40 +54.9

Dividend per share 1.10 1.40*) +27.3

Employees (full-time equivalent) 49,703 51,621 +3.9

BUSINESS YEAR 2017/18 OVERVIEW OF KEY FIGURES

In millions of euros BY 2016/17 BY 2017/18 Change (in %)

Revenue 11,295 12,898 +14.2

Operating result (EBITDA) 1,541 1,954 +26.8

Profit from operations (EBIT) 823 1,180 +43.3

Profit before tax (EBT) 700 1,043 +48.9

Profit after tax 527 818 +55.2

June 6, 2018 7 Press Conference Business Year 2017/18

*) Proposed to the Annual General Shareholders Meeting

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BUSINESS YEAR 2017/18 DEVELOPMENT OF THE GEARING RATIO

3,572 3,762

3,037 2,713 2,586

2,259 2,421

2,978 3,080 3,221 2,995

4,289 4,263 4,262

4,691 4,836

5,075 5,262 5,115

5,652 6,060

6,554

83% 88%

71%

58%

54%

45% 46%

58% 55% 53% 46%

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2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18

Net debt (€m) Equity (€m) Gearing ratio (%)

June 6, 2018 Press Conference Business Year 2017/18 8

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HIGHLIGHTS FROM THE DIVISIONS

June 6, 2018 9 Press Conference Business Year 2017/18

voestalpine AG | |

STEEL DIVISION HIGHLIGHTS BUSINESS YEAR 2017/18

» Operating result (EBITDA) at an all-time high driven by market and internal efficiencies

» Start of construction: world's largest pilot plant for “green” hydrogen in Linz

» New continuous casting line commissioned (~EUR 100 million*)

» Preparation for major repairs to Blast Furnace A (~EUR 180 million*)

» Record production for all key finished products

June 6, 2018 10 Press Conference Business Year 2017/18

*Total investment volume over several years

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HIGH PERFORMANCE METALS DIVISION HIGHLIGHTS BUSINESS YEAR 2017/18

» Significant improvement in results solid demand from the automotive, consumer goods, and aerospace industries

» Oil & gas with upward trend

» Preparations for construction of the world's most advanced special steel plant in Kapfenberg on plan (EUR 350 million*)

» Global expansion of metal additive manufacturing (EUR 50 million*)

» Expansion of aerospace capacities (total of EUR 75 million*)

June 6, 2018 11 Press Conference Business Year 2017/18

*Total investment volume over several years

voestalpine AG | |

METAL ENGINEERING DIVISION HIGHLIGHTS BUSINESS YEAR 2017/18

» Uneven business development

» Railway infrastructure: global demand varied, China strong

» Oil & gas: growing demand over course of the year

» Automotive: strong momentum throughout the business year

» High-tech wire rod mill: fully operational since autumn of 2017 (EUR 140 million*)

» Construction start new continuous casting line and steel research laboratory in Leoben-Donawitz (EUR 100 million*)

June 6, 2018 12 Press Conference Business Year 2017/18

*Total investment volume over several years

voestalpine AG | |

METAL FORMING DIVISION HIGHLIGHTS BUSINESS YEAR 2017/18

» Continuous growth in revenue and results

» E-mobility: 1st serial production facility for e-motor components compacore® (Nagold/Germany)

» Consistent implementation of global investment strategy: USA, Mexico, China

» Renewed expansion of world's largest laser-welded blanks production site Linz

» Excellent performance of the precision strip steel sector

June 6, 2018 13 Press Conference Business Year 2017/18

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BUSINESS YEAR 2018/19 OUTLOOK

» Continuing strong global market momentum

» Risks due to international trade policies (second half of the year)

» High demand in automotive, consumer goods, aerospace, mechanical engineering industries

» Further recovery in the construction, and oil & gas sector

» Moderate development in railway infrastructure

» Repairs require stand still at large blast furnace

June 6, 2018 14 Press Conference Business Year 2017/18

Outlook: Business year 2018/19 EBITDA and EBIT at about the same level as the previous year

voestalpine AG voestalpine AG www.voestalpine.com

BUSINESS YEAR 2017/18 Press conference, June 6, 2018