Cem Peksaglam (CEO) – Günther C. Binder (CFO)

August 4, 2016

Results Q2 2016

Agenda

2

Outlook

Overview Q2/16

and H1/16

Financials Q2/16

and H1/16

Q2 and H1/16 at a glance – High and Low Lights At a glance

Revenue almost on PY level despite market weaknesses, profitability improved vs. Q1/16

Europe: Solid demand in construction in Central & North, downturn in ag business (H1/16 revenue ag: -5% vs. PY)

Americas: Oil & gas crisis in NA, Brazil and Mexico weak (H1 revenue: -14% vs. prev. year)

Inventory program results in improvement; Working Capital ratio < 40%

Q2/16: Revenue and profits almost on record level of PY

Revenue: -0% yoy to EUR 381 m (adjusted for currency effects: +2%)

EBITDA: -1% yoy to EUR 51 m; margin: 13.2% (Q2/15: 13.3%)

EBIT: -2% yoy to EUR 33 m; margin: 8.8% (Q2/15: 8.9%)

EPS: -6% yoy to EUR 0.32 (Q2/15: EUR 0.34)

H1/16: Weak Q1/16 effects H1/16

Revenue: -1% yoy to EUR 698 m (adjusted for currency effects: +1%)

EBITDA: -14% yoy to EUR 85 Mio. Euro; margin: 12.1% (H1/15: 13.9%)

EBIT: -23% yoy to EUR 51 Mio. Euro; margin: 7.3% (H1/15: 9.3%)

EPS: -25% yoy to EUR 0.48 (H1/15: EUR 0.64)

3

Revenue and earnings improved in Q2 /16 vs. Q1/16; increasing market uncertainties

(Revenue in € million; EBIT Margin as a %)(Revenue in € million; EBIT Margin as a %)

Multi-year comparison (5 years)

4

Revenue and EBIT Margin Q2 (2012–2016) Revenue and EBIT Margin H1 (2012–2016)

+25%+34%

+14%

+16%

H1/16: Lower sales in Americas drags business down1

510,3 522,0

H1/15 H1/16

5

Europe2

+2% (+4%)

213,2 203,6

H1/15 H1/16

Light equipment3

-5% (-2%)

175,0150,1

H1/15 H1/16

Americas2

-14% (-12%)

370,2 366,6

H1/15 H1/16

Compact equipment3

-1% (+0%)

21,1

25,7

H1/15 H1/16

Asia-Pacific2

+22% (+28%)

133,4 137,8

H1/15 H1/16

Services3

+3% (+5%)

1 In brackets: adjusted for currency effects; 2 Nominal, after cash discounts; 3 Nominal, before cash discounts

(€ million)

(€ million)

(€ million)

(€ million)

(€ million)

(€ million)

Construction and other industries

Agriculture

Services

H1/16 H1/15

66% 67%

14% 15%

19% 19%

Ag business (Weidemann, Kramer, Claas)

H1/15 H1/16

6

(in €m)

105.699.8

Weak ag business

Q1/16 vs. Q1/15: -11%

Q2/16 vs. Q2/15: +1%

(2015 vs. 2014: -2%)

-5%

Revenue breakdown for H1/16 Revenue1 H1/16 vs. H1/15

(% of revenue)

1 Nominal, before cash discounts

1 No calendar fiscal year, ending March 31; figures showing Q1.

Company Change in Profit H1 (Margin)

Peer 1 (Constr./Agri.) Recr. Op. Inc.: +26% (margin: 5.6%)

Wacker Neuson EBIT: -23% (margin: 7.3%)

Peer 2 Construction division Adj. op. profit -39% (margin: 3.3%)

Peer 3 Construction division Op. Income: -32% (margin: 4.4%)

Peer 4 Construction division Op. Profit -7% (margin: 12.3%)

Peer 5 Construction division1 Op. Profit: -55% (margin: 1.5%)

Peer 6 Agriculture division Op. Profit: -16% (margin: 7.9%)

Peer 7 Construction division1 Profit: -38% (margin: 7.6%)

Peer 8 Construction division Op. Profit: -26% (margin: 11.7%)

Peer 9 Construction division Op. Profit: -11% (margin: 2.7%) -16%

-14%

-12%

-12%

-9%

-8%

-7%

-5%

-1%

1%

-20% -15% -10% -5% 0%

H1/16: Comparison with peer group

7

Change revenue H1/16 vs. H1/15

H1/16: Comparison with peer group divisions

Wacker Neuson plans to open new factory in China

8

Details

Located in Pinghu, 30 km from Shanghai.

Starting with the production of compact excavators for local

market, more products might follow.

Start of production: Q1/2018.

Signing of contract in Pinghu, China: from left to right: Mr. Cem Peksaglam (CEO Wacker Neuson SE),

Mr. Zhou Diming (Director of the Administration Committee of Pinghu Economic-Technological

Development Zone)

Google Maps

Agenda

9

Outlook

Overview Q2/16

and H1/16

Financials Q2/16

and H1/16

Q2/16: Revenue adjusted for currency effects increases

10

Q2/16 As % of

revenue

Q2/15 As % of

revenueChange in %1

Revenue 381.4 100.0 382.1 100.0 -0.2 (2.0)

Gross profit 107.7 28.2 111.1 29.1 -3.1

Sales and service expenses -50.6 -13.3 -48.6 -12.7 4.1

Research and development expenses -9.6 -2.5 -9.3 -2.4 3.2

General administrative expenses -17.7 -4.6 -17.8 -4.7 -0.6

Operating expenses2 -77.9 -20.4 -75.7 -19.8 2.9

EBITDA 50.5 13.2 50.8 13.3 -0.6

EBIT 33.4 8.8 34.0 8.9 -1.8 (-1.0)

Net profit 22.6 5.9 23.9 6.3 -5.4

Net profit per share in € 0.32 - 0.34 - -5.9

Number of employees 4.682 4.573 2.4

Income statement (extract) and number of employees

(€ million)

1 in brackets: adjusted to discount currency effects

2 without other income/expenses

31,734,0

15,5

22,4

17,3

33,4

9,8%8,9%

5,0%6,3%

5,5%

8,8%

0,0%

2,0%

4,0%

6,0%

8,0%

10,0%

12,0%

14,0%

16,0%

18,0%

20,0%

0,0

5,0

10,0

15,0

20,0

25,0

30,0

35,0

40,0

Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16

EBIT EBIT margin

Q2/16: Development of profit since Q1/15

11

EBIT development Q1/15-Q2/16

(EBIT in € million; EBIT Margin as a %)

Revenue in € million 324.3 382.1 311.0 357.9 316.4 381.4

H1/16: Strong H1/15 figures are hard to reach

12

H1/16 As % of

revenue

H1/15 As % of

revenueChange in %1

Revenue 697.8 100.0 706.4 100.0 -1.2 (0.5)

Gross profit 194.7 27.9 207.5 29.4 -6.2

Sales and service expenses -96.6 -13.8 -93.9 -13.3 2.9

Research and development expenses -18.4 -2.6 -17.4 -2.5 5.7

General administrative expenses -33.9 -4.9 -35.2 -5.0 -3.7

Operating expenses2 -148.9 -21.3 -146.5 -20.7 1.6

EBITDA 84.5 12.1 98.2 13.9 -14.0

EBIT 50.7 7.3 65.7 9.3 -22.8 (-22.2)

Net profit 33.8 4.8 45.2 6.4 -25.2

Net profit per share in € 0.48 - 0.64 - -25.2

Number of employees 4.682 4.573 2.4

Income statement (extract) and number of employees

(€ million)

1 in brackets: adjusted to discount currency effects

2 without other income/expenses

H1/16: Comparison of EBIT vs. previous year

13

1

1 Other income & expense

Earnings negatively impacted in crisis-hit emerging markets/industries and regional/product mix.

(in € m)

0

10

20

30

40

50

60

70

EBIT H1/15 Revenue volume effect Revenue margin effect S,G&A Other EBIT H1/16

65.7 -2.5-10.3

-2.5 +0.3 50.7

EBIT-change H1/16 vs. H1/15

H1/16: Development of profit per region

14

EBIT-change by region H1/16 vs. H1/15

(€ million)

0

10

20

30

40

50

60

70

80

EBIT H1/15 Europe Americas Asia-Pacific Consolidation EBIT H1/16

H1/16 vs. H1/15 Europe Americas Asia-Pacific Total

Revenue +2% -14% +22% -1%

EBIT -26% -94% -285% -23%

EBIT Margin (H1/15)1 10.4% (14.4%) 0.5% (6.8%) -9.3% (6.2%) 7.3% (9.3%)

65.7 -19.2

-11.1

-3.7

+19.0 50.7

1 EBIT Margin of regions on total external sales

H1/15 H1/16

H1/16: Investments and cash flow development

H1/15 H1/16

H1/15 H1/16

(€ million)

H1/15 H1/16

(€ million) (€ million)(€ million)

-43.2

-24.5

-54.7

-60.2

32.533.8

11.5

35.7

Cash flow from

investment activitiesDepreciation

Cash flow from

operating activitiesFree cash flow

Increase of operating cash flow due to working capital reduction positive free cash flow FY 2016 expected

+10%

4%

15

+210%

-43%

H1/16: Working capital development

16

328 339 356

495 445

176210 204

234240

-68 -62 -72 -99 -92

June 30, 2012 June 30, 2013 June 30, 2014 June 30, 2015 June 30, 2016

Inventories Trade receivables Trade payables

Working Capital ratio (3M annualized revenue)

38.4% 37.0% 37.1% 41.3% 38.9%

Inventory program shows results; Working Capital ratio < 40%

(€ million)

+3%

WC: -6%

593631

-7%

-10%

488487436

Working capital H1/12 – H1/16

195255

203256 258

907 913952

1.046 1.052

22%

28%

21%

25% 25%

0%

5%

10%

15%

20%

25%

30%

35%

40%

0

200

400

600

800

1.000

H1/12 H1/13 H1/14 H1/15 H1/16

Net financial debt Equity before minority interests Gearing as a %

H1/16: Gearing and equity

17

High equity ratio of 65% and low gearing

(€ million)

Equity, net debt and gearing H1/12 – H1/16

+1%

Share price development

18

in € 2013 2014 2015 H1/15 H1/16

Earnings per share 0.87 1.30 0.94 0.64 0.48

Dividend payment 0.40 0.50 0.50 - -

End of period 11.49 16.96 14.23 18.80 13.93

High 12.75 18.00 24.60 24.60 15.80

Low 9.24 11.49 11.12 16.30 11.44

Book value1 13.34 14.42 15.17 14.91 15.00

Market capitalization (in € m) 805.6 1,189.2 998.1 1,318.6 977.1

ISIN / WK DE000WACK012 / WACK01

Reuters /

Bloomberg

WACGn.DE / WAC GR

Indices SDAX, DAXplus family, CDAX,

GEX, Classic All Shares

Share Prime All Share

Total shares 70.140.000

Shareholder

structure

63% Family; 37% Free float

(thereof management: 0.5%)

Share price performance since January 2016

Key figures share

1 before minority interests

%

Agenda

19

Outlook

Overview Q2/16

and H1/16

Financials Q2/16

and H1/16

0

5

10

15

20

25

30

0

200

400

600

800

1.000

1.200

1.400

1.600

2015 2016e

(Revenue in € million)

Revenue and margins 2015–2016e

1,3750% to +4%

EBIT Margin

7.5%

1,375–1,425

Revised forecast for 2016

20

Investments of ~ 100 m €, positive free cash

Previous forecast: Revenue growth +2% to +5%, EBIT Margin 7.0% to 8.0%

EBIT Margin

6.5-7.5%

Financial calendar and IR contact

Financial Calendar

IR contact

Investor Relations Department

Preussenstrasse 41, 80809 Munich, Germany

Phone: +49-89-35402-713, Fax: +49-89-35402-298

ir@wackerneuson.com

August 4, 2016 Publication of half-year report 2016; Analysts' Conference Call

September 20, 2016 Baader Investment Conference, Munich

September 21, 2016 German Corporate Conference, Munich

November 10, 2016 Publication of nine-month report 2016; Analysts' Conference Call

Numerous international trade fairs, roadshows and conferences

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DisclaimerCautionary note regarding forward-looking statements

The information contained in this document has not been independently verified and no representation or

warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy,

completeness or correctness of this information or opinions contained herein.

Certain statements contained in this document may be statements of future expectations and other forward

looking statements that are based on management‘s current view and assumptions and involve known and

unknown risks and uncertainties that could cause actual results, performance or events to differ materially

from those expressed or implied in such statements.

None of Wacker Neuson SE or any of its affiliates, advisors or representatives shall have any liability

whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its

content or otherwise arising in connection with this document.

This document does not constitute an offer or invitation to purchase or subscribe for any securities and neither

it nor any part of it shall form the basis of or be relied upon in connection with any contract or commitment

whatsoever.

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