GEA.com

We areengineering
for a betterworld.

2GEA Group

3

HERE FOR THE
BETTER.
Great engineering is a way of thinking.
A way of questioning and pushing boundaries.
It’s about curiosity. And solving problems.
It’s about constantly getting better.
The world today needs better.
At GEA, we are here for the better. In for the better.
Built for the better.

We are engineering
for a better world.

4

GEA Group

5

GEA ATA GLANCE.

OUR EXECUTIVE
BOARD.

GEA is one of the world’s largest suppliers of systems andcomponents to the food, beverage and pharmaceuticalindustries. Founded in 1881, the international technology
group focuses on machinery and plants, as well as
advanced process technology, components andcomprehensive services.

Order intake

Revenue

EBITDA

5,469

5,373774

EBITDA margin

Dividend

Employees

14.4

1.00

18,773

EUR million

before restructuring expenses

percent of revenue

Financial year 2023

EUR million

EUR per share

before restructuring expenses

EUR million

Full-time equivalents

Bernd Brinker, CFO
Bernd Brinker joined the Executive Board as
CFO in October 2023. In addition to the Group’s
finance functions, the five division CFOs, as well
as Investor Relations, M&A, Information Security,
Internal Audit and global IT also report to him.

Stefan Klebert, CEOStefan Klebert took the helm of the Group inFebruary 2019 and is the direct reporting line
for the CEOs of the five operating divisions andthe four CEOs of the regions. Several central
functions also report to Stefan Klebert, and heserves as the Group Labor Relations Director.

Johannes Giloth, COO
Johannes Giloth became a member of theExecutive Board in early 2020. He is responsible
for worldwide procurement, production as wellas supply chain and QHSE.

6GEA Group

7OUR
CUSTOMERS.

OURSHAREHOLDERS.

GEA’s key customer industries are very stable, reliableand growing. This is largely the result of global megatrends,
such as a growing middle class, urbanization and theincreased focus on sustainability.

According to the most recent analysis, 76.8 percent of all
GEA shares are held by institutional investors. 8.8 percent
are held by major shareholders and 8.1 percent byretail investors. GEA is listed in the German MDAX, theEuropean STOXX® Europe 600 Index and is one of thecompanies that make up the DAX 50 ESG, MSCI Global
Sustainability as well as the Dow Jones Sustainability Worldand Dow Jones Sustainability Europe Indices.

Sales split by customer industry (2023)

Regional breakdown of institutional shareholders*

14% Dairy Farming

7% Pharma

39.5% US

3.9% Norway

16% Dairy Processing

9% Chemical

21.3% UK

9.3% Rest of Europe

27% Food

15% Others

13.3% Germany

3.3% Rest of the world

12% Beverage

9.4% France*) Based on 76.8% of identified shares held by institutional investors

8GEA Group9WHATDRIVES US.

Our Values.

Our Purpose.

Our Vision.

GEA values provide the foundation for all ourbusiness activities. They are an important
red thread connecting our global workforce
across geography and cultures.

Engineeringfor a betterworld.

We safeguard future generations
by providing sustainable solutions
for the nutrition and pharmaceuticalindustries.

10GEA Group

11WHEREWE ARE.

WHAT
WE DO.

North andCentral Europe
782 EUR million
North America

3,310

DACH & Eastern
Europe1,161 EUR million

1,019 EUR million

1,776

7,258

Latin America
382 EUR million
725= Revenue financial year 2023

= Employees (FTEs)

Western Europe,Middle East & Africa
831 EUR million
2,653

We support customers across diverse industries
with solutions that improve production processes
and ultimately the quality of life for people around theworld. From breakfast to bedtime, GEA engineering
is likely part of your own day-to-day life.

Food
Approx. every third processline for instant coffee wasinstalled by GEA

Dairy farming & processing
Roughly one quarter ofprocessed milk comes fromGEA production systems

Beverage
Approx. every second literof beer is brewed with theaid of systems and processsolutions from GEA

Pharma & healthcare
Roughly every fourth liter ofhuman blood for making
plasma-derived products is
processed using GEA
equipment

Environment
Approx. two million
tons of pollutants are
averted annually thanks toGEA emission control plants

Heating & refrigeration
Each industry we serve
utilizes industrial heatingand refrigeration technology
from GEA

Asia Pacific
1,198 EUR million
3,051

12

GEA Group

13OUR
EXPERTISE.

Separation & Flow
Technologies Division

Liquid & Powder
Technologies Division

Food & Healthcare
Technologies Division

Farm Technologies
Division

Heating & RefrigerationTechnologies Division

World-class components and equipment for production excellence
Separation & Flow Technologies en­com­­­pass process engi­neering compo­nents
and machines, including sepa­rators,
decanters, homogenizers, valves andpumps. These technologies are at theheart of many production processes.

Specialists in processing equipment
and integrated solutions
Liquid & Powder Technologies provide
processing equipment and integrated
solutions for the dairy, food, new food,beverage, chemical and home & per­sonalcare industries. The portfolio in­clu­desbrewing systems, liquid pro­ces­sing,asep­tic and non-aseptic filling & packa­
ging, concentration, fermentation, cry­stal­lization, purification, drying, powder
handling & packaging as well as systems
for carbon capture and emission control.

Safe foods and medicines fora growing population
Food & Healthcare Technologies provide
solutions for food processing, covering
preparation, marinating and further processing of meat, poultry, seafood andvegan products. The portfolio also includes processing lines for pasta, baked
goods, snacks, breakfast cereals, confectionery and pet food, as well as
spiral- and tunnel freezers and equipment for slicing and packaging. For
the pharmaceutical industry, GEA offers
machines and plants for processing solid
dosage forms and freeze-drying technology for liquids.

Next generation farming
Farm Technologies offer integrated customer solutions for efficient and sustai­
nable high-quality milk production andlivestock farming. This includes automatic milking and feeding systems, conventional milking solutions and digital
herd management. GEA manure mana­ge­ment solutions ensure operators havethe right tools for the safe storage,
application and upcycling of this impor­tant resource.

Industrial heating and coolingsolutions for climate-friendly
production processes
Heating & Refrigeration Technologies
combine extensive production process
knowledge and integrated heating andcooling expertise. It provides sustainable, energy-saving solutions for customers in the food, beverage and otherkey industries.

14GEA Group15

LOOKINGBACK.
Our business has greatly evolved since 1881. By
adding companies with specialized competencies
to the group, we have bolstered our portfolio andknow-how in key sectors.

Today, their histories are our history and over the decades
many of these employees have joined GEA – further
strengthening our expertise and reputation around the globe.
GEA remains a dynamic company, continually evolving tomeet changing customer and consumer needs.

19202005

2020

Founding of GEA (Gesellschaft fürEntstaubungs-Anlagen mbH) in Bochum

Name of parent company changed
to GEA Group Aktiengesellschaft

Implementation of new technology-based
group structure embracing 5 divisions

1881

1999

2007-20192021

Founding of Metallgesellschaft AG,a metals trading company in Frankfurt

Metallgesellschaft
acquires GEA

Intensified focus on food &beverage acquisitionsNet-zero target for 2040 set;release of Mission 26 corporate strategy

16GEA Group

17LOOKINGAHEAD.
Mission 26 is our strategy to accelerate sustainable, profitablegrowth. It is rooted in our corporate purpose: “Engineering fora better world“ and our vision to safeguard future generations
by providing sustainable solutions for the nutrition andpharmaceutical industries.
To achieve our ambitious financial targets for 2026, weare focusing on seven key levers: Sustainability, Innovation& Digitalization, New Food, Sales Excellence, ServiceExcellence, Operational Excellence and Acquisitions.
PurposeEngineering for a better world.
VisionWe safeguard future generations by providing sustainable
solutions for the nutrition and pharmaceutical industries.

4-6%

Profitable
growthOrganic Sales CAGR1> 15%

EBITDA margin2> 30%

Ambitious
financial targets

ROCE2,3

EXCELLENCE
Sustainability

1 Currency and portfolio adjusted
2 Before restructuring expenses; based on constant exchange rates
3 Capital employed excluding EUR ~800m goodwill from the acquisition of the former GEA AG by former
Metallgesellschaft AG in 1999 (average of the last 4 quarters)GEA values

Innovation &Digitalization

Responsibility

New Food

Integrity

Sales
Excellence

Diversity

Service
Excellence

Operational
Excellence

PassionAcquisitions

Excellence

18

GEA Group

19THE WORLDTODAY NEEDSBETTER.
Better technologies.
Better production processes.
Better machines.

At GEA, we are 18,000 people
around the world aiming for better.
GEA.com/image-film

GEA.com

Contacts
Media:
gea.com/media
Career:gea.com/career
Investors:
gea.com/investors
Suppliers:
gea.com/suppliers
Reports:
gea.com/annualreportgea.com/sustainability
Company headquarter:
GEA Group AktiengesellschaftPeter-Müller-Str. 1240468 Düsseldorf, Germanygea.com© GEA Group Aktiengesellschaft. All rights reserved.

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