FORBO GROUPCOMPANY PRESENTATION – THE INTERFACE WITH DAILY LIFEFORBO GROUPCOMPANY PRESENTATION – THE INTERFACE WITH DAILY LIFEFORBO GROUPA GLOBAL LEADER IN FLOORING AND MOVEMENT SYSTEMS– About 5,200 employees worldwide– International network of 25 production and distribution companies, 6 fabrication
centers as well as 47 pure sales organizations– In a total of 39 countries worldwide– CHF 1,175.2 million net sales in 2023
– CHF 102.3 million Group profit– Forbo Holding is listed on the SIX Swiss Exchange– Stable shareholder base – Board of Directors’ stake in Forbo of about 30%

MILESTONESFROM 1928 TO THE PRESENT

1928

1950 – 1971

1975 – 1994

1994 – 1998

3 linoleum
manufacturers –German, Swedish andSwiss – form
Continentale
Linoleum Union.

Diversification into
related products suchas carpets and vinyl
flooring.

Forbo evolves into aworld-wide group
operating on fivecontinents: acquisitionof the Scottish Nairn
linoleum manufacturingsite in Kirkcaldy in 1985;
diversification into wallcoverings and highpressure laminates.

Acquisition ofSiegling, a global
manufacturer,
specializing in processand conveyor belt
systems.

1929 – 1930
2 further manufacturing sites join theContinentale Linoleum Union – Sarlinoin France and thenederlandsche
Linoleumfabriek in theNetherlands.

1973 – 1974
Adhesives activities
hived off fromlinoleum business tobe developed
independently.
Continentale
Linoleum Union isrenamed Forbo toreflect the wider
portfolio of activities.

Divestment of wallcoverings andlaminates activities.

MILESTONESFROM 1928 TO THE PRESENT

2000 – 2001

2002 – 2003

2004 – 2006

2007

New strategy focusing onfour divisions: Linoleum,Vinyl, Belting and Adhesives.
Divestment of industrial
activities, including extruded
profiles, decorative products
and coated textiles.

Adhesives gains world
stature by acquiring
Swift, operatingworld-wide from theUSA, Europe and Asia.
Belting businessexpands in Britain.
Linoleum and Vinylmerged to create
Forbo Flooring. Now
three strategic
businesses: Flooring,Adhesives and Belting.

Strategic focus on
three core divisions
reaffirmed.
Restructuring andmeasures to raise
profitability.

New branding andgrowth strategy; threecore divisions –flooring, adhesives
and belting –renamed Flooring
Systems, Bonding
Systems andMovement Systems,operating under theForbo brand with an
integrated businessstrategy.

Carpet business spun off inmanagement buyout. A
series of minor acquisitions
to strengthen Adhesives
business.

Acquisition of Chinese
adhesives
manufacturer
specialized in hotmelt and water-based
adhesives.

MILESTONESFROM 1928 TO THE PRESENT

2008

2012

2012 – 2023

Acquisition of the lightweight PVC
conveyor belting business fromFenner Dunlop in North America asa further step to strengthen theMovement Systems division.

Focus on leading market
positions through the saleof the industrial adhesives
activity, including
synthetic polymers, which
belonged to the BondingSystems division.

Some smaller local acquisitions in North
America, Asia/Pacific and Europe.

Acquisition of Bonar Floors, a major
European flooring manufacturer inthe contract flooring sector. With
this, Flooring Systems strengthened
its leading position as a systems
provider of resilient flooring
solutions in the commercial marketsegment.

Continued developmentof building andconstruction adhesives
activity by running it as anindependent unit in theFlooring Systems division.

Focused development and expansion ofgrowth markets.

NET SALES 2023
FORBO GROUP – BY DIVISIONTOTALCHF 1,175.2 MILLIONMOVEMENT SYSTEMSCHF 378.7 MILLION

32.2%
FLOORING SYSTEMSCHF 796.5 MILLION

67.8%

NET SALES 2023
FORBO GROUP – BY GEOGRAPHIC AREAS

EUROPECHF 753.5 MILLION

64.1%

AMERICASCHF 245.4 MILLION

20.9%

ASIA/PACIFIC
AND AFRICA
CHF 176.3 MILLION

15.0%

FINANCIAL OVERVIEW 2023
FORBO GROUP

CHF MILLION

2023

2022

NET SALES

1,175.2

1,293.2

OPERATING PROFIT (EBIT)

129.9

132.6

EBIT MARGIN

11.1%

10.3%

GROUP PROFIT

102.3

101.4

EQUITY RATIO (SHAREHOLDERS‘ EQUITY/TOTAL ASSETS)

61.4%

57.3%

EARNINGS PER SHARE (UNDILUTED)

72.55

71.76

DIVIDEND

25.00

23.00

CHF

FINANCIAL OVERVIEW FIRST HALF-YEAR 2024
FORBO GROUP

CHF MILLION

H1 2024

H1 2023

NET SALES

570.3

615.2

OPERATING PROFIT (EBIT)

61.8

75.2

EBIT MARGIN

10.8%

12.2%

GROUP PROFIT

48.4

57.4

34.36

40.54

CHF

EARNINGS PER SHARE (UNDILUTED)EMPLOYEESFORBO GROUP – BY GEOGRAPHIC AREAS

EUROPE
3,604

69.4%

AMERICAS
780

15.0%

ASIA/PACIFIC
AND AFRICA
806

15.6%

EXECUTIVE BOARD
FORBO GROUPJENS FANKHÄNEL
CHIEF EXECUTIVE OFFICER

JEAN-MICHEL WINSEXECUTIVE VICE PRESIDENTFLOORING SYSTEMSMARC DEIMLINGEXECUTIVE VICE PRESIDENTMOVEMENT SYSTEMSANDREAS JAEGERCHIEF FINANCIAL OFFICEREXECUTIVE VICE PRESIDENTBOARD OF DIRECTORSFORBO GROUP

THIS E. SCHNEIDER
CHAIRMANMICHAEL PIEPER
VICE CHAIRMANCLAUDIA CONINX-KACZYNSKI
MEMBERJÖRG KAMPMEYER
MEMBERBERNHARD MERKI
MEMBER

DR. EVELINE SAUPPER
MEMBERVINCENT STUDER
MEMBER

TWO DIVISIONS WITH LEADING MARKET POSITIONSFORBO GROUPForbo is a leading producerof floor coverings, building
and construction adhesives, as well as belts forpower transmission andlightweight conveyortechnology.

FLOORING SYSTEMSFLOORING SYSTEMSA LEADING GLOBAL PLAYER IN LINOLEUM, VINYL AND TEXTILE FLOOR COVERINGS FOR COMMERCIAL AND
RESIDENTIAL APPLICATIONS. WORLD LEADER IN LINOLEUM WITH A MARKET SHARE OF ABOUT 70%.
− Environmentally sound, functional and design-oriented linoleum in sheet and modular formats− High-quality project vinyls in sheet, luxury vinyl tiles and planks for commercial applications− Flocked sheet, tile and plank formats, high tech floor coverings for commercial applications− Entrance flooring systems in textile and rigid formats, taking care of all walk-in moist and dirt
− Tufted carpet tiles for office, leisure and hospitality environments− Needlefelt, uni and printed non-woven textiles for commercial applications− Cushioned vinyl sheet and luxury vinyl tiles for residential applications− A complete range of professional products such as leveling compounds and adhesives for textile and resilient floor
coverings, parquetry as well as ceramic floor and wall applications are sold under the Eurocol brandBUSINESS SEGMENTSCOMMERCIAL APPLICATIONSEDUCATIONHEALTH CAREAGED CARE

Thanks to their excellent functional attributes and attractive designs, our resilient and textile floor
coverings are invariably the first choice for a wide range of public and private environments.

BUSINESS SEGMENTSCOMMERCIAL APPLICATIONSOFFICES, MULTI-UNIT
HOUSING, PUBLIC BUILDINGSRETAIL ENVIRONMENTS

HOSPITALITY AND LEISURE

With our products and continuous innovation it is our ambition to make a positive contribution to thequality of the indoor environment by providing safety, hygiene and well-being to every individual.

BUSINESS SEGMENTSCOMMERCIAL APPLICATIONSSURFACE FINISHINGS FORFURNITURE, DOORS AND
DECORATIVE PANELSTRANSPORTATION: BUS,COACH, RAIL AND
MARINE VESSELSINDOOR SPORTS
FACILITIESINDUSTRY, CLEANROOMAND HIGH-TECHENVIRONMENTS

Outstanding technical performance together with state of the art functional design make us
the flooring partner of choice for a wide range of demanding applications.

BUSINESS SEGMENTSRESIDENTIAL APPLICATIONSLINOLEUM, LUXURY VINYL TILES, CUSHIONED VINYL AND ENTRANCE FLOORING SYSTEMS

Our floors are essential to the way people experience quality of life. With our strong
brands Novilon, Marmoleum and Coral we offer modern, high-quality versatilefloor coverings for the home environment.

PRODUCT RANGEFLOORING SYSTEMSLINOLEUM

PROJECT VINYLFLOCKED FLOORING

Forbo is world leader in linoleum floor coverings with a market share of about
70%. A natural product derived from controlled renewable raw materials(linseed oil, rosin, woodflour, limestone, pigments,jute). It is biodegradable
and carbon negative (cradleto gate), without offsetting.

A complete range in sheet,tile and plank formats,including a variety of highquality acoustic, conductive
and slip-resistant properties
for commercial applicationsin glue down, loose lay andclick variations.

A unique durable hygienic high-tech textile
product which is usedmostly in education,
health care, hospitality,
retail and office environments. Available insheet, tile and plankformats.

PRODUCT RANGEFLOORING SYSTEMSCARPET TILES
For demanding rooms andcommercial environments,
especially in offices, hotels,
leisure centers and publicbuildings. Available intufted qualities in plankand tile formats.

ENTRANCE FLOORING SYSTEMSTaking care of cleaning and drying
shoes of whoever enters a building
for example at airports, supermarkets and shopping centers intextile, alluminium-strip and clickformats.

NEEDLEFELT
Very durable printed andplain non-woven textile
floor coverings for functionality and design, infine- and course fibre
qualities. Available in sheet
and tile formats.

CUSHION VINYL
Leading the cushion vinyl
branded market with
Novilon collections available in sheet as well in tileand plank formats.

PRODUCT RANGEBUILDING AND CONSTRUCTION ADHESIVES ACTIVITY

FLOORINGADHESIVESCERAMIC TILEADHESIVES ANDGROUTS− Very low VOCemission− For in- andoutdoor use− Favorable spreadingcapacity− Suitable for all typeof surfaces− High initial adhesion
strength− Elastic and flexible

PARQUETRYADHESIVES− Heavy-duty− Fast curing− Shear resistantsetting

LEVELLINGCOMPOUNDSPRIMERS AND
MOISTURE
BARRIERSSURFACEFINISHINGS− Cement, gypsum
and hybrid
based− Very low VOCemission− High-quality− Self-smoothing− Favorable
spreading capacity− Low-tension− Fast drying− Sustainable− High-tech industrialappearance

15 PRODUCTION SITES IN 7 COUNTRIESLOCAL ENTITIES IN 27 COUNTRIESFLOOR COVERINGSCHÂTEAU-RENAULTREIMSFranceASSENDELFT
COEVORDEN
KROMMENIE
Netherlands

HAZLETONUSAKALUGARussia

BUILDING ANDCONSTRUCTIONADHESIVES

GIUBIASCOSwitzerland

ERFURT
Germany

BAMBER BRIDGEKIRKCALDY
RIPLEYTELFORD
United Kingdom

WORMERVEER
Netherlands
STARY OSKOL
RussiaSales offices worldwide

KEY FIGURES 2023
FLOORING SYSTEMSNET SALESCHF 796.5 MILLIONEBIT

CHF 94.9 MILLIONEBIT MARGIN

11.9%

EMPLOYEES (FTEs)

2,741

LEGAL ENTITIES35KEY FIGURES FIRST HALF-YEAR 2024
FLOORING SYSTEMSNET SALESCHF 389.2 MILLIONEBITCHF 48.1 MILLIONEBIT MARGIN

12.4%

EMPLOYEES (FTEs)

2,833

FLOORING SYSTEMSWHY PEOPLE CHOOSE FORBO FLOORING SYSTEMS− Worldwide, unique, broad and sustainable product offer for commercial and residential applications− Total solutions for every building from «entrance to back door», from «basement to boardroom»− Specialized flooring solutions for hightech and professional environments− Outstanding design and superior quality in floor products for commercial and residential applications− Product offer available in sheet, tile and plank formats, loose lay or click variations for easy installation− Reliable, knowledgeable, dedicated and market driven sales and service organizations world wide
− Global superior supply chain performance− Unique bespoke design offer through innovative digital printing techniques and cutting services

MOVEMENT SYSTEMSMOVEMENT SYSTEMSAMONG THE THREE LEADING SUPPLIERS WORLDWIDEPRODUCT RANGE
MOVEMENT SYSTEMSMulti-layered polyester or aramide
fabric belts with special combinationof coating materials and finishing.
They ensure rational material flow andefficient process sequences in all areasof light conveyor technology.

Multi-layered fabric or non-woven
based belts with an especially robuststructure, making them the ideal belts
for heavy-duty conveyor work. They
are characterized by ruggedness,lateral stiffness, wear and puncture
resistance.

Modules of different types made fromhomogenous plastics and joined withhinges. With their help, conveyor andprocess tasks can often be combined in theoptimum manner.
A useful supplement to conventional
conveyor belts in many applications, often
in food manufacture. They are easy to clean,
durable and food safe.

PRODUCT RANGE
MOVEMENT SYSTEMS

New product line of homogenous thermoplastic, polyurethane belts that are protected from contamination by oil, grease, moisture and bacteria. They are very easy toclean and ideal for exceptionally hygienecritical applications (dairy products, doughpreparation, meat and poultry processing
and other food-related areas).

Multi-layered flat belts with tension
members made of highly oriented
polyamide sheet or man-made fiberfabrics. As power transmission driveand conveyor elements, they optimize
power transmision and manyproduction processes.

Form-fit belts made from homogenous plastics with different tension
members; in particular for demanding
applications with accelerating, timingand positioning.

INDUSTRIES AND APPLICATIONSMOVEMENT SYSTEMSLOGISTICS / AIRPORTS

FOOD

PAPER AND
PAPER PRINTING

INDUSTRIALPRODUCTION

There is hardly a production process or link in the supply chain that
doesn‘t use fabric based or plastic modular belts.

INDUSTRIES AND APPLICATIONSMOVEMENT SYSTEMSRAW MATERIALSSPORTSTEXTILES

We are connecting flows of goods and people; in factories, supermarkets,bakeries and airports, at postal hubs and printworks.

VALUE CREATION CHAIN –FROM FABRIC TO FITTED BELTS

PRODUCTION− State-of-the-art mixing and multiple
coating technologies− Lean, clean and efficient roll
manufacturing− More than just a „chemical factory“ due toapplication and customer oriented R&D
support: „movement is our business“

FABRICATION− Advanced workshop network− Product and application specificknow-how− Customized belt fabrication− On time deliveries:„we keep our promises“

FITTING−−−−−Belting expertise
Close to our customers
Fast response time (24/7)
Reliable on-site services
Belting tools and training
offerings for our customers

10 PRODUCTION SITES & 6 FABRICATION CENTERS IN 9 COUNTRIESLOCAL ENTITIES IN 32 COUNTRIESPRODUCTION AND
FABRICATION CENTERS
ITAPEVI
BrazilPINGHUSHENYANG
China
LUNDERSKOVDenmark
GARBSENHANOVER
Germany
FUKUROIJapanTLALNEPANTLA
Mexico

MALACKY
Slovakia
WALLBACH
Switzerland
CHARLOTTE
HUNTERSVILLEUSA

300 sales and service points worldwide

KEY FIGURES 2023
MOVEMENT SYSTEMSNET SALESCHF 378.7 MILLIONEBITCHF 44.3 MILLIONEBIT MARGIN

11.7%

EMPLOYEES (FTEs)

2,408

LEGAL ENTITIES33

KEY FIGURES FIRST HALF-YEAR 2024
MOVEMENT SYSTEMSNET SALESCHF 181.1 MILLIONEBIT

CHF 18.1 MILLIONEBIT MARGIN

10.0%

EMPLOYEES (FTEs)

2,370

MOVEMENT SYSTEMSWHY PEOPLE CHOOSE FORBO MOVEMENT SYSTEMS− Worldwide 24/7 hour service− Local production, inventory and fabrication on all continents (fast and market-oriented)− Global project management, technical consultation and on-site services with local staff, as required by the market− Broad belting product range in first-class quality – from industry standards to customer specific developments− Outstanding research and development lab capabilities to drive trend-setting innovations− Production options for conveyor belting up to a width of 5 meters

RESPONSIBILITY AND SUSTAINABILITY
FORBO GROUP

Social responsibility and environmental integrity are core values of Forbo: we arecommitted to protecting the environment and investing in a sustainable future.
Through investments in research and development, we are constantly seeking toimprove the environmental performance of our products and processes.
As far as possible, we engage in responsible product sourcing that combines ourcustomers‘ preference for quality with care for the environment.

RESPONSIBILITY AND SUSTAINABILITY
FORBO GROUP

Forbo’s linoleum floor coverings are made from natural raw materials. They are
biodegradable and carbon negative (cradle to gate), without offsetting. In themanufacture of its heterogenous vinyl floor coverings, Forbo uses phthalatefree plasticizers of the latest generation. Textile floor coverings contain up to
45% recycled material in relation to their total product weight.
The BioBelt is a conveyor belt made of 20% or more renewable raw materials.
The AmpMiser conveyor belt enables energy savings of up to 50%.

RESPONSIBILITY AND SUSTAINABILITY
FORBO GROUP

Our manufacturing operations have environmental management systems
certified under ISO and other international standards. Raw materials and energy
are used efficiently; waste is recycled wherever possible.
Our state-of-the-art installations are designed to reduce the risk of spillages andto keep the usage of process, cleaning and cooling water, as well as water, airand noise emissions, to an absolute minimum.

RESPONSIBILITY AND SUSTAINABILITY
FORBO GROUP

As a responsible manufacturer and employer, Forbo has always complied withhealth, safety, environmental, and quality standards as a part of our business
policy. And we have often been the forerunners in our industries, setting
standards and then going several steps beyond.
As a result, our research and development is not just a reaction to evolving
market requirements, but an integral driver of our business concept.

RESPONSIBILITY AND SUSTAINABILITY
FORBO GROUP

Growth does not just mean enlargement – it’s also getting better. Better atdeploying the potential of our employees, our resources and meeting therequirements of our fast-changing world.
Therefore we need the talents of our employees. To enable excellence, weencourage self-reliance and initiative with the support of training andmanagement approach. We connect people through dialogue.

FORBO GROUPCOMPANY PRESENTATION – THE INTERFACE WITH DAILY LIFE

AS A GLOBAL LEADER IN FLOORING AND MOVEMENT SYSTEMS,FORBO CREATES BETTER SOLUTIONS FOR ITS CUSTOMERS AND MOREREWARDING PERSPECTIVES FOR ALL ITS STAKEHOLDERS.