Strong delivery of Growth+ strategy

AGM presentation

April 30th 2024

Presented by

Kiet Huynh - Chief Executive Officer

Our growth drivers

Industrial

Target segments

megatrends

Customer value

Automation

Innovative products

& services

Electrification

Digitalisation

Enabling a sustainable future

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Growth+ strategy

PURPOSE

Keeping the world flowing for future generations

VISION

To be the leader in intelligent flow control

Target

Customer Value

Innovative

Segments

Products and

Services

Enabling a Sustainable Future

MEGA

TRENDS

Automation

Electrification

Digitalisation

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Target segments in action

Upstream electrification

Battery value chain

Water infrastructure

Additional opportunities for

Success in battery related mining,

Enabling the transportation and

minerals processing and HVAC in

distribution of potable water to a new

Rotork actuation solutions

cell / pack production

town in the Middle East

Target segments sales represented around 50% and grew 15% YoY OCC

4

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Customer value in action

Target

Customer

Innovative

Products and

Segments

Value

Services

People

Process

Systems

Seamless customer experience

Best-in-class lead times

End-to-end efficiency

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Market outlook

Oil & Gas

  • Customer spend focused on energy security, energy transition, emissions reduction and 'investment catch-up'
  • Gas and LNG represent close to half of Oil & Gas divisional sales

% of revenue

Oil

CPI

  • Focus on fast growing end markets and ones where Rotork has been under- represented historically and can win share

% of revenue

Water & Power

  • Ageing water infrastructure and climate challenges necessitating increased multi-year investment
  • Positive outlook for power sector emissions related spend. Traditional markets stable

% of revenue

46

Gas

LNG

3024

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Summary

Strong 2023 results

Positive outlook

  • Healthy opening order book
  • Growth+ benefits
  • Expecting a year of progress on an OCC basis

We are committed to delivering mid to high single-digit revenue growth

and mid-20s adjusted operating profit margins over time

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Q1 2024 trading update

Our Q1 performance was as we expected

Order intake was good, up low single digits YoY OCC against a strong comparative

Revenues in the 3m grew mid-teens YoY OCC, reflecting the strength of the opening order book

The outlook for our end markets remains positive and our order book gives us good visibility into the second half of the year

Our full year expectations are unchanged and we continue to anticipate 2024 to be another year of progress on an OCC basis

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Rotork plc published this content on 30 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2024 15:25:13 UTC.