2023 | Half-year Results

Basel, 15 August 2023

Christoph Brönnimann CEO | Dirk Kirsten CFO

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AgendaAgenda

Half-year highlights

Christoph Brönnimann, CEO

Operational and financial review

Dirk Kirsten, CFO

Business update

Christoph Brönnimann, CEO

Outlook 2023

Christoph Brönnimann, CEO

Upcoming corporate events

® Medartis All rights reserved 3

Half-year highlights

Christoph Brönnimann, CEO

H1 2023 │Key figures

TOTAL NET SALES IN CHF

REVENUE GROWTH

CHF 103.3million

  • Total sales increased by 20.8% (CER)
  • EMEA key contributor
  • US fastest growing region

EBITDA MARGIN IN %

+16.1% Internal1

  • Internal sales growth, which excl. NSI 3rd party custom manufacturing, reached 16.1%

GUIDANCE

12.6%

  • Underlying EBITDA margin amounted to 14.3% (excl. one-offs2)
  • Gross margin decreased to 77.2 (77.7% excl. one-offs)

On track

  • Underlying H1 results were in-line with our FY guidance
  • IT attack at the end of May temporarily slowed us down, but we are confident of regaining our momentum in the back half of the year

1 "Internal growth" denotes the increase in sales at constant exchange rates (CER), excluding the impact of mergers, acquisitions, and divestments. NSI's

contract manufacturing business for third parties is of no strategic significance and is therefore excluded from this calculation.

2 The one-off costs in 2023 are related to the costs of remediating the IT attack. In 2022, the one-off costs for the NSI acquisition and the discontinued China ® Medartis All rights reserved │ 5 business are excluded to facilitate the underlying operational performance.

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Medartis Holding AG published this content on 15 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2023 05:05:06 UTC.