GEA on Roadshows and Conferences Preliminary Results Q4 2015 - - PowerPoint PPT Presentation

GEA on Roadshows and Conferences

Preliminary Results Q4 2015

DÜSSELDORF, FEBRUARY 4TH, 2016

Disclaimer

This presentation contains forward-looking statements. Forward-looking statements may include, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. Statements with respect to the future are characterized by the use of words such as "expect", "intend", "plan", "anticipate", "believe", "estimate" and similar terms. Forward-looking statements are based on our current assumptions and

• forecasts. These statements naturally entail risks and uncertainties, which may cause the actual results
• f operations, financial position or performance to diverge materially from the estimates given here.

Factors that could cause such a divergence include, inter alia, changes in the economic and business environment, fluctuations in exchange rates and interest rates, launches of competing products, poor acceptance of new products or services, and changes in business strategy. Given these uncertainties, readers should not put undue reliance on any forward-looking statements. We undertake no obligation to update or revise any forward-looking statements. Due to rounding, the sum of percentages of order intake and sales by region as well as by customer industry may vary from 100%.

GEA on Roadshows and Conferences - prelim. Q4 2015 2

Table of Contents

GEA on Roadshows and Conferences - prelim. Q4 2015

GEA Equity Story Pages 4 - 27 Q4 2015 Preliminary Results Presentation Pages 29 - 55 Back-ups Pages 57 - 66 Historical Key Figures GEA Group & BAs Pages 67 - 77 ADR Information Page 78

3

GEA is a global leader in equipment and process technology providing innovative solutions for smart food processing and for a more efficient use of energy resources.

GEA in summary

Sales EUR 4.6bn (FY15) Operating EBIT Margin 11.7% (FY15) Employees ~17,500 (Dec 15) Market Cap EUR 7.2bn (Dec 15)

Dairy Farming Dairy Processing Beverages Food

GEA on Roadshows and Conferences - prelim. Q4 2015 4

GEA in summary

You are in touch with food processed by GEA equipment every day … … we are all this and more every day.

Every 4th liter

• f milk processed is

handled by GEA equipment. Every 3rd instant coffee line has been built by GEA. Every 3rd chicken nugget is processed with GEA equipment. Every 2nd liter of beer is brewed using GEA equipment and solutions.

GEA on Roadshows and Conferences - prelim. Q4 2015 5

GEA’s food exposure 75% - 80%

Food Non- Food Sales exposure 2020: 75% - 80% food No 100% food exposure due to multi-purpose functionality of our products:

GEA on Roadshows and Conferences - prelim. Q4 2015 6

Urbanization

Shanghai

necessary agricultural supply area

Illustrative

2.6 5.3

2010 2050

1.0 1.1

2010 2050

Emerging markets

(B)

Developed economies

(B)

~ 200 million people moving into cities p.a. consuming ever more processed and convenience food

Source: United Nations; Euromonitor; The Guardian; Oxford Economics; Documentation “Wie wird die Stadt satt” (ARD 24.09.2014)

By the year 2050 the world’s population will live

300 KM

Germany

Today the world’s population lives

50%

in the cities

50%

in the countryside

75%

in the cities

25%

in the countryside

What we like about the food industry (1): Steady growth rates due to continuing urbanization

GEA on Roadshows and Conferences - prelim. Q4 2015 7

What we like about the food industry (2): Stable consumer spending also in tough times

Economically good times Economically difficult times

GEA on Roadshows and Conferences - prelim. Q4 2015 8

What we like about the food industry (3): Zero failure tolerance a significant entry barrier

If equipment fails in the food industry, the end-consumer’s health could be at risk Would you as a food producer save money on a machine risking a food scandal if the machine is not working properly?

GEA on Roadshows and Conferences - prelim. Q4 2015 9

… … … … … … Quality of After-Sales Service 23% Price 30% Machine Quality and Performance 71% For GEA’s customers, machine quality and performance is by far #1 buying criterion

What we like about the food industry (4): Price apparently not the most decisive purchase criterion

Ranking of key buying criterion according to GEA customer satisfaction survey, September 20141

1 Stratified sample size n=3274, external poll

GEA on Roadshows and Conferences - prelim. Q4 2015 10

Source: Frankfurter Allgemeine Zeitung (26.06.2014)

~ 3,500 new products p.a. entering the US food market ~ 2,000 new food products p.a. in German supermarkets alone

What we like about the food industry (5): Continuous launch of new products to stimulate demand

Additionally, higher resource efficiency (e.g. power, water usage) is a major competitive advantage for an equipment supplier

GEA on Roadshows and Conferences - prelim. Q4 2015 11

~2% ~12% ~32%

0% 5% 10% 15% 20% 25% 30% 35% 40% 45% Top Customer Top 10 Top 50 Top 100 Top 150 Top 200

What we like about the food industry (6): GEA’s client base is highly fragmented

Cumulative Revenue Share Number of customers

~ 30% of the Top 50 customers are already coming from Emerging Markets

GEA on Roadshows and Conferences - prelim. Q4 2015 12

Local Emerging Markets food producers grow faster than multinationals

1 65 listed local food players in EM with sales > EUR 1bn, in total sales of EUR 210bn in FY 2013 ; 11% CAGR based on FY 2010 – FY 2013 sales in EUR Source: Thomson Reuters

Sales CAGR FY 2010-13

Local EM food producers1 32% 68%

1/3 of local players are not yet GEA customers1

GEA customers

Selection of local GEA customers in Emerging Markets

11%

GEA on Roadshows and Conferences - prelim. Q4 2015 13

Our ARTE framework defines our strategy how to reach the target footprint “GEA 2020”

Our vision “GEA 2020”: To be the first choice of our customers

In particular we always want to be the first choice

• f our customers in the relevant food industry.

the globally leading engineering group to provide smart solutions to sophisticated process industries.

GEA to become

GEA on Roadshows and Conferences - prelim. Q4 2015 14

ARTE framework as pillars for GEA’s strategy

Regions Technologies

Functional

Excellence

• Capture global growth
• pportunities
• Expand local presence
• Coordinate regional

approaches across GEA

• Strengthen innovation

and technological leadership

• Foster cross-business

colla-boration in R&D

• Increase efficiency

in operations and support functions

• Reduce organizational

complexity

Target Footprint 2020

Applications

• Exploit market potential

in target applications

• Align GEA-wide

application strategy and customer approach

GEA on Roadshows and Conferences - prelim. Q4 2015 15

Project “Fit for 2020”: From four stand-alone Segments to two integrated Business Areas

Former organization New current organization

• Stand-alone effective Segments driving
• wn technologies and market approaches
• Limited group perspective and role of the

corporate center

• Each Segment with individual go-to-market

concepts and regional footprint

• Bundling of Segments into two BAs

according to business model logic

• “One GEA” in countries as a platform for

growth within regions / countries

• Strengthening and streamlining of

global group functions

• Increased efficiency and standardization in

newly established Shared Service Center Executive Board

RT FT ME PE Head- quarter

Regions Regions Regions Regions

Support Support Support Support

Equipment BA Solutions BA Global Corp. Center SSC Regions / Countries

Executive Board

GEA on Roadshows and Conferences - prelim. Q4 2015 16

New current organizational set-up (“Fit for 2020”) reflects all elements of ARTE strategy

Shared Services Center (SCC) North America Latin America Western E. & MEA Nordics, UK/IE, & BeNeLux Asia-Pacific DACH & Eastern E. Product Engineering & Development Product Management & Sales Supply Chain & Production Equipment Service Global Corporate Center (GCC) Technology Centers Application Centers Solutions Service Equipment Business Area Solutions Business Area

A R T T E E T R egions T echnologies Functional E xcellence

Executive Board

A pplications

GEA on Roadshows and Conferences - prelim. Q4 2015 17

GEA has gradually managed up Operating EBIT Margin to > 11%

8.8% 6.8% 8.4% 10.5% 10.3% 10.6% 11.4% 11.7% 2008 2009 2010 2011 2012 2013 2014 2015 2 1 2017 12 13 2020

Operating EBIT-Margin (LTM)

Financial Targets for FY 2017 - FY 2020: Operating EBIT Margin: 13% to 16%

GEA on Roadshows and Conferences - prelim. Q4 2015

• Min. 13%
• Max. 16%

Upside:

• Service
• Op. leverage
• Underperforming unit

18

* In FY 2015 €23m out of the guided €125m cost savings until 2017 were already achieved

*

Financial Targets

GEA on Roadshows and Conferences - prelim. Q4 2015

FY 2014 - 2020 CAGR Organic Sales Growth FY 2014 - FY 2020: 4% to 6% FY 2017 - 2020 Service to Sales Ratio: ~30% Operating EBIT Margin: 13% to 16% Working Capital to Sales Ratio: 10% to 12% Capex to Sales Ratio: 1.5% to 2.0% Cash Flow Driver Margin: 12% to 15% ROCE: 20% to 25% Net Effective Tax Rate: 24%

19

Strong focus on ROCE and cash generation

16.7% 18.8% 19.3% 19.6% 22.1% 24.7% 25.0% 25.6% 26.4% 26.6% 26.7% 25.7% 25.4% 5.0% 7.4% 8.3% 9.0% 9.6% 9.7% 9.3% 9.3% 10.1% 10.2% 10.5% 10.7% 10.3% Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 ROCE (average LTM) Cash Flow Driver Margin (LTM)

1 when “Fit for 2020” started and in accordance with our guidance on operating EBITDA; Until Q1 2014 using reported EBITDA/EBIT:

ROCE LTM = reported EBIT (LTM) / Capital employed excluding EUR 802m goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999 (average LTM) and CFD LTM = (reported EBITDA (LTM) – Capex (LTM) -/+ Change Working Capital (Average LTM)) / Sales (LTM)

ROCE and Cash Flow Driver Margin: since Q1 2014 using operating EBITDA/EBIT1

GEA on Roadshows and Conferences - prelim. Q4 2015 20

Sources of funds: Significant cash flow 2015 - 2017

Stronger cash generation going forward leading to higher dividend payout ratio

• 2. Strengthen GEA’s application know-how

by doing (bolt-on) acquisitions

• 3. Repayment of financial debt
• 4. Invest in organic business development

(Service, R&D, regional presence)

• 5. Distribution of residual cash to

shareholders

Capital allocation priorities

2017 Proceeds GEA HX Cash flow before M&A and dividends

~1 ~2 ~1

Key objectives

• Maintain financial flexibility
• Maintain investment grade credit rating
• Rating relevant gross debt: 2.0-2.5x EBITDA
• Average net financial debt: 0.5-1.0x EBITDA

[EURbn]

• 1. Dividend payments: Change of payout

ratio from 1/3 to 40-50% of net income

GEA on Roadshows and Conferences - prelim. Q4 2015 21

5 8 6

Targeted applications for target footprint “GEA 2020”

7

Expand in total solutions for edible oils, starch & sugar Enter confectionery, biscuits & pizza Strengthen packaging competencies Foster processing intelligence & automation Grow leading position in dairy

1 2

Grow leading position in liquid food

3

Strengthen personal care

4

Expand in animal proteins

GEA on Roadshows and Conferences - prelim. Q4 2015 22

Example how GEA executes its application strategy

Milk intake & preparation Milk storage & distribution Standardization Bacteria removal (optional) Pasteurization Cutting & Slicing Primary packaging Final process Press & ripe Coagulate & de-whey

• Milking

parlor

• Standardization

separator

• Sterilization

separator

• Heat

exchanger

• Valves
• Pumps
• Tanks
• Tank
• Dosing unit
• Cheese vat
• Pressing line
• Brining system
• Brine treatment
• Cutter
• Slicer
• Packer
• Curd filler

Milk intake & preparation

De Klokslag CMT for smaller lines

Bacteria starter mixing Whey drainage & pre-press Pressing Water cooling, brining, ripening Curd production

GEA on Roadshows and Conferences - prelim. Q4 2015 23

Acquisition criteria focus on strategy and value creation

ARTE fit

A

Strategic fit

B

Value creation

C Market attractiveness Target attractiveness Earnings per share Total share- holder return DCF > Price CFD > hurdle rate ROCE > hurdle rate Functional Excellence

Regions Applications Technologies

GEA on Roadshows and Conferences - prelim. Q4 2015 24

Steady growth rates (catch-up in Emerging Markets)

Summary: What we like about the food industry

Innovation for resource efficiency (power, water, etc.) 1l 10l Food safety concerns Superior margin levels (high technological requirements; high barriers to entry) Product Innovation (continuous launch of new products to stimulate demand)

GEA on Roadshows and Conferences - prelim. Q4 2015 25

• In the absence of any further weakening of global economic growth and
• provided that there are no significant currency translation impacts, and
• before new acquisitions in 2016 as well as
• before one-offs we are aiming in FY 2016 for:

FY 2016 guidance

GEA on Roadshows and Conferences - prelim. Q4 2015

Operating EBITDA (EURm)

645 – 715

Operating Cash Flow Driver Margin

10.0% - 11.0%

Sales

moderate growth

(in reported terms)

26

• 4% to 6% organic sales growth (FY 2014 – FY 2020)
• 13% to 16% Operating EBIT-Margin (FY 2017 – FY 2020)
• Clear plans for midterm use of net cash position for further growth
• Dividend payout ratio increased to a range of 40% to 50%
• Priority on M&A following clear criteria and strategic vision
• Cost savings of at least EUR 125m net p.a.
• New set-up offers further potential to increase efficiency

GEA is the largest stock listed company to invest in the growing food processing equipment market

Key Messages

GEA with clear growth and profitability targets Capital allocation New current organizational set-up “Fit for 2020”

GEA on Roadshows and Conferences - prelim. Q4 2015 27

Q4 2015 Preliminary Results Presentation

28

Executive Summary Preliminary Q4 2015

GEA on Roadshows and Conferences - prelim. Q4 2015 29

Key Highlights Q4 2015

1 Operating ROCE LTM = operating EBIT (LTM) / Capital employed excluding EUR 802m goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999 (average LTM)

Order Intake (EURm)

1,246

Sales (EURm)

1,336

Operating EBITDA (EURm)

239.8

Operating EBIT (EURm)

217.7

• Op. ROCE1

25.4%

Operating CFD Margin (LTM)

10.3%

D +8% YoY D +3% YoY D +5% YoY D +5% YoY D -100 bps YoY D +25 bps YoY

Structural change: +2.0% YoY FX translation: +2.4% YoY Structural change: +2.5% YoY FX translation: +3.5% YoY Operating EBITDA margin

• f 17.9% (+39

bps YoY) Operating EBIT margin of 16.3% (+37 bps YoY) Exceeding the midterm guidance range of 20% to 25% (Op. EBITDA

• Capex

+/- ∆ WC [Ø LTM]) / Sales

• 1. Highlights FY 2015
• 2. Financials Q4 2015
• 3. Outlook FY 2016

30

Solid operating results in a challenging environment The first benefits from “Fit for 2020” are now visible

• Order intake increase by 2% YoY also driven by a record order intake in Q4 2015
• Operating margins at new record levels despite a 4% organic sales decline
• Sales and cash flow driver margin targets reached
• Cost savings of EUR 23m achieved in FY 2015
• Execution of Fit for 2020 is fully on track to achieve the aimed savings

Highlights FY 2015

GEA on Roadshows and Conferences - prelim. Q4 2015 31

New organizational structure “One GEA” successfully implemented

• New corporate structure is now fully implemented and paid off already in Q4
• The new structure allows for further optimization (for example in procurement)

4,516 4,599

FY 2014 FY 2015

Solid performance in challenging environment

32 GEA on Roadshows and Conferences - prelim. Q4 2015

Sales (reported) Operating EBITDA Operating EBITDA Margin

13.1% 13.5%

FY 2014 FY 2015

591 621

FY 2014 FY 2015 [EURm] [EURm] D +1.9% D +5.1% D +42 bps

10.5% 12.3% 11.9% 12.3% 13.1% 13.5% 8.4% 10.5% 10.3% 10.6% 11.4% 11.7% 6% 7% 8% 9% 10% 11% 12% 13% 14% 2,500 3,500 4,500 5,500

Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

Order Intake Sales Operating EBITDA Margin Operating EBIT Margin

Record prelim. operating EBIT(DA) margins despite challenging environment

GEA on Roadshows and Conferences - prelim. Q4 2015 33

Development LTM: Order Intake, Sales, Operating Margins (preliminary)

[EURm]

Build-up of minimum cumulative savings

• GEA ahead of savings guidance for FY 2015 (EUR 23m vs. EUR 10-20m guidance)
• 2016: Biggest leap in savings; at least break-even with charges

[EURm]

“Fit for 2020”: Savings & One-off charges

34 GEA on Roadshows and Conferences - prelim. Q4 2015

∑ 2015 - 2017 23 80 125 2015 2016 2017

One-off charges (Σ 2015/16):

∑ 2015 - 2016

• Severance packages
• Training / relocation
• SSC build-up
• Office consolidation
• IT system changes
• External project support
• Other implementation cost

~ 1.5 – 2.0x long term annual savings

> 50% of the targeted FTE reductions implemented in 2015

“Fit for 2020” continues to proceed on track

GEA on Roadshows and Conferences - prelim. Q4 2015

495 375 830 FTE as of 31.12.2015 Structural "F2020" FTE reduction 17,533 Operating FTE reduction FTE additions due to M&A & consolidation FTE as of 31.12.2014 18,243

• In addition, agreements secured

with >400 FTEs to leave the company in the coming months

• Transfer of transactional functions

to shared service center locations in Eastern Europe and East Asia has begun

• Agreements have meanwhile been

reached with the works councils in almost all countries including Germany, France and Italy

35

36 GEA on Roadshows and Conferences - prelim. Q4 2015

Implementation of “OneGEA” organization

• pens up further optimization potentials
• GEA to now kick-off in-depth analysis of optimization potential
• Quantification of the details in H2 2016

Material costs (~EUR 2.2bn) are the most significant cost lever for GEA Global manufacturing footprint instrumental for scale economies at GEA

1 4 2 3 5 8 6

Grow leading position in dairy Grow leading position in liquid food Strengthen personal care Expand in animal proteins Expand in total solutions for edible oils, starch & sugar Enter confectionery, biscuits & pizza Strengthen packaging competencies Foster processing intelligence & automation

7

37

The Imaforni acquisition directly fits among the target areas communicated earlier

GEA on Roadshows and Conferences - prelim. Q4 2015

…and as a complement to the recently acquired firm Comas makes GEA a leader in this field

38 GEA on Roadshows and Conferences - prelim. Q4 2015

Decorating Reception Cooling Packaging Depositing Forming Baking Mixing

Complementary technologies and process steps

Softdough/cookies Hardsweets/biscuits Cake and pies

Complementary applications Regional proximity

• 1. Highlights FY 2015
• 2. Financials Q4 2015
• 3. Outlook FY 2016

39

704 742 648 650 Q4 14 Q4 15

Operating EBIT Margin

Q4 2014 Q4 2015 D YoY GEA Equipment 17.9% 18.9% +102 bps GEA Solutions 15.5% 14.5%

• 104 bps

GEA Group 15.9% 16.3% +37 bps

Preliminary key figures and change YoY Q4 2015

GEA on Roadshows and Conferences - prelim. Q4 2015 40

Operating EBIT1

622 705 586 587 Q4 14 Q4 15

Order Intake1

1,246 1,157 BA Solutions BA Equipment adjusted2: +3% D +8% D +13% D 0% 1,336 1,301 BA Solutions BA Equipment adjusted2: -3% D +3% D +5% D 0% 109 107 116 123 Q4 14 Q4 15 218 207 BA Solutions BA Equipment D +5% D -2% D +6%

1 Please note that the difference between the sum of the BAs and the Group is explained by consolidation/others

[EURm] [EURm] [EURm]

2 Adjusted = before currency translation and structural effects

Sales1

669 737 711 702 745 710 722 724 747 754 773 765 835 791 791 765 799 208 214 172 221 175 144 234 167 211 160 170 174 182 163 190 158 201 111 96 102 124 107 131 102 132 67 88 103 68 87 91 112 48 128 58 100 44 65 112 110 162 144 121 22 123 160 54 83 55 97 118

200 400 600 800 1,000 1,200 1,400 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m

Q4 2015 reached new record order intake in a quarter

GEA on Roadshows and Conferences - prelim. Q4 2015 41

Order Intake Development by size since Q4 2011

[EURm] 1,400 1,200 1,000 [EURm]

Preliminary regional sales split as of Q4 2015 LTM

GEA on Roadshows and Conferences - prelim. Q4 2015 42

North America

D YoY:

+9% / -7% adj. 18% Eastern Europe & CIS 8% Western Europe 36% Latin America

6% Africa 3% Middle East 4% Asia-Pacific 25% Emerging Markets1 36%

D YoY: 0% / adj.: -5%

1 According to the definition of emerging/developing economies by International Monetary Fund. Note: adjusted = before currency translation and structural effects

Top-3-Countries

USA: 17% (16%) D YoY: +7% / adj.: -10% Germany: 10% (9%) D YoY: +9% / adj.: +4% China: 10% (9%) D YoY: +7% / adj.: -5%

D YoY:

0% / -3% adj.

D YoY:

• 3% / -1% adj.

D YoY:

0% / -1% adj.

D YoY:

+7% / +4% adj.

D YoY:

+10% / +2% adj.

D YoY:

+1% / -6% adj.

Preliminary sales by customer industry as of Q4 2015 LTM

GEA on Roadshows and Conferences - prelim. Q4 2015 43

LTM as of Q4 2009 = Index 100 Note: Adjusted growth rates per customer industry are only available since Q1 2011

14% (14%) 23% (24%) 22% (22%) 13% (12%) 12% (12%) 16% (16%)

Sales LTM as of Q4 2015: EUR 4,599m +2% YoY

Dairy Farming ∆ YoY:

• 1% / -6% adj.

Food ∆ YoY: +3% / -4% adj. Beverages ∆ YoY: +13% / +7% adj. Other Industries ∆ YoY: +2% / -2% adj. Pharma/ Chemical ∆ YoY: +2% / -5% adj. Dairy Processing D YoY:

• 2% / -8% adj.

60% 100% 140% 180% 220% Dairy Farming Dairy Processing GEA Group 60% 100% 140% 180% 220% Food Beverages GEA Group

Adjusted Sales CAGR 10-15: +10% Adjusted Sales CAGR 10-15: +6% Adjusted Sales CAGR 10-15: +2% Adjusted Sales CAGR 10-15: +4%

60% 100% 140% 180% 220%

Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

Pharma/Chemical Other Industries GEA Group

Adjusted Sales CAGR 10-15: +5% Adjusted Sales CAGR 10-15: +4% GEA Group Adjusted Sales CAGR 10-15: +5%

Note: adjusted = before currency translation and structural effects

Preliminary reported order intake development YoY/QoQ as

• f Q4 2015

2015 Q4 LTM Share of order intake Q/Q Y/Y Y/Y (Q4 LTM) Dairy Farming 14% Dairy Processing 22% Food 21% Beverages 15% Food & Beverages 72% Pharma 8% Chemical 7% Pharma/Chemical 15% Environment 4% Oil & Gas 2% Marine 3% Power 1% Others 3% Other Industries 13% Total 100% 2015 Q4 Quarter selective Less than -5% Between -5% and -1% Between -1% and 1% Between 1%and 5% More than 5%

44 GEA on Roadshows and Conferences - prelim. Q4 2015

1,5501 1,7002 1,7503 1,7504 280 315 288 304 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

[EURm]

1.07 1.08 1.07 1.05 1.01 1.00 1.07 1.05 1.02 1.01 1.00 0.99 1.00

2,185 1,830 1,983 2,085 2,087 2,137 2,015 2,136 2,038 2,256 2,195 2,148 LTM BtB ratio

#

2,054

1 Order backlog invoiceable in FY 2013

2 Order backlog invoiceable in FY 2014

3 Order backlog invoiceable in FY 2015

4 Order backlog invoiceable in FY 2016

GEA on Roadshows and Conferences - prelim. Q4 2015 45

Preliminary order backlog as of Q4 2015

Preliminary ROCE development as of Q4 2015

GEA on Roadshows and Conferences - prelim. Q4 2015 46

1,887 1,890 1,891 1,886 1,895 1,900 1,912 1,929 1,943 1,974 2,007 2,053 2,120 16.7% 18.8% 19.3% 19.6% 22.1% 22.6% 22.9% 23.2% 22.6% 22.7% 16.4% 14.5% 14.6% 24.7% 25.0% 25.6% 26.4% 26.6% 26.7% 25.7% 25.4%

Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 Capital Employed (average LTM) ROCE (average LTM)

• p. ROCE (average LTM)

[EURm]

Note: ROCE LTM = EBIT (LTM) / Capital employed excluding EUR 802m goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999 (average LTM)

• Op. ROCE LTM = op. EBIT (LTM) / Capital employed excluding EUR 802m goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999 (average LTM)

395 523 521 511 356 515 521 538 363 535 590 548 424 588 583 632 547 11.4% 12.1% 12.8% 12.9% 12.7% 12.2% 11.9% 11.7% 11.7% 11.8% 11.9% 12.1% 12.1% 12.2% 12.3% 12.6% 13.1% Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 Working Capital Working Capital (average LTM) as % of sales (LTM) [EURm]

Preliminary working capital (average LTM) to sales (LTM) ratio as of Q4 2015

47 GEA on Roadshows and Conferences - prelim. Q4 2015

Preliminary Cash Flow Driver Margin as of Q4 2015

GEA on Roadshows and Conferences - prelim. Q4 2015 48

• 88
• 26

10 33 19

• 1
• 19
• 38
• 41
• 47
• 43
• 39
• 54

420 462 471 478 515 527 536 546 540 550 433 404 430

• 125
• 126
• 126
• 124
• 120
• 122
• 123
• 114
• 94
• 92
• 87
• 82
• 91

5.0% 7.4% 8.3% 9.0% 9.6% 9.3% 9.0% 8.8% 9.0% 9.0% 6.6% 6.2% 6.2% 9.7% 9.3% 9.3% 10.1% 10.2% 10.5% 10.7% 10.3% Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

Delta Working Capital (Average LTM) EBITDA (LTM) Capex (LTM) Cash Flow Driver Margin (LTM)

• p. Cash Flow Driver Margin (LTM)

[EURm] EBITDA Capex ∆ Working Capital (Average LTM) Sales Sales Sales

• +

1

1 Operating Cash Flow Driver Margin is based on operating EBITDA, not on reported EBITDA

Preliminary service business as of Q4 2015 LTM: 29% of sales

GEA on Roadshows and Conferences - prelim. Q4 2015 49

Sales growth YoY of +10.3% (+3.6% adjusted)

1,225 812 450 1,351 883 506

GEA Group BA Equipment BA Solutions

D +10% (+4% adjusted) D +9% (+2% adjusted) D +12% (+6% adjusted)

35% 27% 29% 38% 19% 20%

Q4 2014 LTM Q4 2015 LTM Share of service sales

%

[EURm]

Note: adjusted = before currency translation and structural effects

• 1. Highlights FY 2015
• 2. Financials Q4 2015
• 3. Outlook FY 2016

50

• In the absence of any further weakening of global economic growth and
• provided that there are no significant currency translation impacts, and
• before new acquisitions in 2016 as well as
• before one-offs we are aiming in FY 2016 for:

FY 2016 guidance

51 GEA on Roadshows and Conferences - prelim. Q4 2015

Operating EBITDA (EURm)

645 – 715

Operating Cash Flow Driver Margin

10.0% - 11.0%

Sales

moderate growth

(in reported terms)

Financial Targets

GEA on Roadshows and Conferences - prelim. Q4 2015 52

FY 2014 - 2020 CAGR Organic Sales Growth FY 2014 - FY 2020: 4% to 6% FY 2017 - 2020 Service to Sales Ratio: ~30% Operating EBIT Margin: 13% to 16% Working Capital to Sales Ratio: 10% to 12% Capex to Sales Ratio: 1.5% to 2.0% Cash Flow Driver Margin: 12% to 15% ROCE: 20% to 25% Net Effective Tax Rate: 24%

Investor Relations Calendar Upcoming Roadshows and Conferences

GEA on Roadshows and Conferences - prelim. Q4 2015 53

2016 Feb 16, 2016 Roadshow Belgium Brussels DZ Bank Feb 17, 2016 Roadshow France Paris SocGen Feb 18, 2016 Roadshow UK London Berenberg Feb 22, 2016 Roadshow Germany Munich Baader Bank Feb 24, 2016 Roadshow Scotland Edinburgh HSBC Feb 25, 2016 Roadshow UK London Berenberg Mar 1, 2016 Roadshow Poland Warsaw Hauck & Aufhäuser Mar 2, 2016 Roadshow Austria Vienna Commerzbank

Investor Relations Calendar Upcoming Roadshows and Conferences

GEA on Roadshows and Conferences - prelim. Q4 2015 54

2016 Mar 9, 2016 Conference France Paris

Morgan Stanley

Mar 30, 2016 Roadshow UK London

Jefferies

Apr 11, 2016 Roadshow Sweden Stockholm Exane BNP Apr 12, 2016 Roadshow Finland Helsinki Pohjola Apr 14, 2016 Conference Germany Baden-Baden Bankhaus Lampe

Investor Relations Calendar Financial Calendar

GEA on Roadshows and Conferences - prelim. Q4 2015 55

2016 Mar 10, 2016 Release of Annual Report FY 2015 Apr 20, 2016 Annual Shareholder’s Meeting for FY 2015 May 09, 2016 Quarterly Financial Report for the period to March 31, 2016 Jul 28, 2016 Half-yearly Financial Report for the period to June 30, 2016 Oct 28, 2016 Quarterly Financial Report for the period to September 30, 2016

Back-ups

56

Order Intake Development by Size

669 737 711 702 745 710 722 724 747 754 773 765 835 791 791 765 799 208 214 172 221 175 144 234 167 211 160 170 174 182 163 190 158 201 111 96 102 124 107 131 102 132 67 88 103 68 87 91 112 48 128 58 100 44 65 112 110 162 144 121 22 123 160 54 83 55 97 118 200 400 600 800 1,000 1,200 1,400 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m

10.5% 10.3% 10.6% 11.4% 11.7% 6% 7% 8% 9% 10% 11% 12% 2,500 3,000 3,500 4,000 4,500 5,000 5,500 Q4 11Q1 12Q2 12Q3 12Q4 12Q1 13Q2 13Q3 13Q4 13Q1 14Q2 14Q3 14Q4 14Q1 15Q2 15Q3 15Q4 15

Order Intake Sales Operating EBIT Margin

Sales by Customer Industry

36% 25% 18% 8% 6% 4% 3%

Western Europe Asia-Pacific North America Eastern Europe&CIS Latin America Middle East Africa 14% 23% 22% 13% 12% 16% Dairy Farming Dairy Processing Food Beverages Pharma/Chemical Other Industries

Order Intake, Sales, and Operating EBIT Margin (LTM)

GEA Group – preliminary performance

GEA on Roadshows and Conferences - prelim. Q4 2015 57 [EURm] [EURm]

LTM as of Q4 2015: EUR 4,599 +2% YoY LTM as of Q4 2015: EUR 4,599m +2% YoY

+2% / -2% adj. +13% / +7% adj. +3% / -4% adj.

• 2% / -8% adj.
• 1% / -6% adj.

Δ YoY

+10% / +2% adj.

• 3% / -1% adj.

+9% / -7% adj. +1% / -6% adj. 0% / -3% adj.

Δ YoY

0% / -1% adj. +7% / +4% adj. +2% / -5% adj.

Sales by Region

1 Adjusted = before currency translation and structural effects 2 Operating ROCE (LTM) = op. EBIT (LTM) / Capital employed excluding EUR 802m goodwill from the acquisition of the former GEA AG by

the former Metallgesellschaft AG in 1999 (average LTM) [ in EU R million] Q4 2 0 14 Q4 2 0 15 ∆ Y oY FY 2 0 14 FY 2 0 15 ∆ Y oY Order Int ake 7.6% 1 .6% adjust ed

1

3.2%

• 3.8%

Sales 2.7% 1 .9% adjust ed

1

• 3.3%
• 4.2%

Order B acklog 2,037.6 2 ,0 53 .7 0.8% 2,037.6 2 ,0 53 .7 0.8% Operat ing EB ITD A 228.5 2 3 9 .8 5.0% 590.7 6 2 1.0 5.1 % Operat ing EB ITD A - M argin 1 7.6% 17.9 % 39 bps 1 3.1 % 13 .5% 42 bps Operat ing EB IT 207.2 2 17.7 5.1 % 51 3.5 53 8 .8 4.9% Operat ing EB IT- M argin 1 5.9% 16 .3 % 37 bps 1 1 .4% 11.7% 34 bps Operat ing R OC E ( LTM )

2

26.4% 2 5.4 %

• 1

00 bps 26.4% 2 5.4 %

• 1

00 bps 1 ,1 57.5 1,2 4 5.5 4,51 9.6 4 ,59 0 .1 1 ,301 .4 1,3 3 6 .2 4,51 5.7 4 ,59 9 .3

Order Intake Development by Size Sales by Customer Industry Sales by Region

BA Equipment – preliminary performance

GEA on Roadshows and Conferences - prelim. Q4 2015 58

453 501 484 477 485 493 518 513 501 539 538 528 538 560 548 522 552 54 41 44 45 27 19 45 35 42 30 32 30 27 27 25 24 35 6 7 12 8 5 8 8 11 6 7 21 33 17 18 400 450 500 550 600 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m

12.5% 11.9% 12.4% 12.9% 14.1% 0% 2% 4% 6% 8% 10% 12% 14% 1,000 1,250 1,500 1,750 2,000 2,250 2,500 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

Order Intake Sales Operating EBIT Margin

[EURm]

30% 10% 30% 6% 5% 19%

Dairy Farming Dairy Processing Food Beverages Pharma/Chemical Other Industries +1% / -4% adj. +4% / -7% adj. +4% / -1% adj. +12% / +5% adj.

• 1% / -6% adj.
• 9% / -14% adj.

38% 20% 24% 5% 6% 4% 3%

Western Europe Asia-Pacific North America Eastern Europe&CIS Latin America Middle East Africa +45% / +40% adj.

• 24% / -19% adj.

+11% / -6% adj.

• 6% / -13% adj.

+3% / +2% adj.

• 4% / -1% adj.

+7% / +6% adj.

Order Intake, Sales, and Operating EBIT Margin (LTM)

Δ YoY Δ YoY

[EURm]

1Adjusted = before currency translation and structural effects 2 Operating ROCE (LTM) = op. EBIT (LTM) / Capital employed excluding EUR 802m goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999 (average LTM)

LTM as of Q4 2015: EUR 2,324m +1% YoY LTM as of Q4 2015: EUR 2,324m +1% YoY

[ in EU R million] Q4 2 0 14 Q4 2 0 15 ∆ Y oY FY 2 0 14 FY 2 0 15 ∆ Y oY Order Int ake 0.1 %

• 0.1

% adjust ed

1

• 4.0%
• 5.0%

Sales 0.2% 0.7% adjust ed

1

• 4.4%
• 4.2%

Order B acklog 532.6 50 1.9

• 5.8%

532.6 50 1.9

• 5.8%

Operat ing EB ITD A 1 31 .7 13 7.7 4.5% 351 .1 3 8 1.9 8.8% Operat ing EB ITD A - M argin 20.3% 2 1.2 % 87 bps 1 5.2% 16 .4 % 1 22 bps Operat ing EB IT 1 1 6.1 12 3 .0 5.9% 298.3 3 2 6 .9 9.6% Operat ing EB IT- M argin 1 7.9% 18 .9 % 1 02 bps 1 2.9% 14 .1% 1 1 4 bps Operat ing R OC E ( LTM )

2

1 9.8% 2 1.2 % 1 37 bps 1 9.8% 2 1.2 % 1 37 bps 585.8 58 6 .6 2,295.1 2 ,2 9 3 .0 648.5 6 50 .0 2,307.6 2 ,3 2 3 .7

Order Intake, Sales, and Operating EBIT Margin (LTM) Order Intake Development by Size Sales by Customer Industry Sales by Region

1Adjusted = before currency translation and structural effects 2 Operating ROCE (LTM) = op. EBIT (LTM) / Capital employed excluding EUR 802m goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999 (average LTM)

35% 15% 19% 18% 12%

Dairy Processing Food Beverages Pharma/Chemical Other Industries

35% 29% 14% 10% 5% 3% 4%

Western Europe Asia-Pacific North America Eastern Europe&CIS Latin America Middle East Africa

BA Solutions – preliminary performance

GEA on Roadshows and Conferences - prelim. Q4 2015 59

+3% / 0% adj. +5% / -2% adj. +16% / +12% adj. +2% / -9% adj.

• 4% / -11% adj.
• 14% / -23% adj.

+10% / +11% adj. +7% / -8% adj. +7% / -1% adj.

• 3% / -8% adj.

+4% / -1% adj. +8% / +3% adj.

257 280 269 269 302 265 253 257 290 268 288 279 348 278 296 295 293 155 173 128 176 148 126 189 133 170 130 138 146 155 137 166 133 166 111 90 95 111 99 126 95 124 56 82 103 61 66 91 112 48 128 58 100 44 65 79 94 162 127 121 22 123 160 54 83 55 97 118 100 200 300 400 500 600 700 800 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m

8.6% 8.7% 9.2% 10.3% 9.5% 0% 2% 4% 6% 8% 10% 12% 1,250 1,500 1,750 2,000 2,250 2,500 2,750 3,000 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15 Q3 15 Q4 15

Order Intake Sales Operating EBIT Margin

LTM as of Q4 2015: EUR 2,475m +3% YoY LTM as of Q4 2015: EUR 2,475m +3% YoY

Δ YoY Δ YoY

[EURm]

[EURm]

[ in EU R million] Q4 2 0 14 Q4 2 0 15 ∆ Y oY FY 2 0 14 FY 2 0 15 ∆ Y oY Order Int ake 1 3.2% 3.0% adjust ed

1

8.9%

• 2.5%

Sales 5.4% 2.9% adjust ed

1

• 1

.5%

• 3.9%

Order B acklog 1 ,540.2 1,58 5.4 2.9% 1 ,540.2 1,58 5.4 2.9% Operat ing EB ITD A 1 1 3.5 113 .0

• 0.4%

265.8 2 55.2

• 4.0%

Operat ing EB ITD A - M argin 1 6.1 % 15.2 %

• 89 bps

1 1 .1 % 10 .3 %

• 74 bps

Operat ing EB IT 1 09.2 10 7.4

• 1

.7% 247.8 2 3 4 .8

• 5.3%

Operat ing EB IT- M argin 1 5.5% 14 .5%

• 1

04 bps 1 0.3% 9 .5%

• 82 bps

Operat ing R OC E ( LTM )

2

66.0% 4 5.6 %

• 2039 bps

66.0% 4 5.6 %

• 2039 bps

622.3 70 4 .6 2,423.4 2 ,4 9 5.6 704.0 74 1.9 2,404.3 2 ,4 75.2

Preliminary order intake Q4 2015

GEA on Roadshows and Conferences - prelim. Q4 2015 60

in EURm

∆ abs. ∆ in % ∆ abs. ∆ in % ∆ abs. ∆ in % Order Intake previous period Structural Change 23 2.0% 52 1.2% 3 0.3% Currency Translation 28 2.4% 191 4.2% 0.0% Like-for-Like Development 37 3.2%

• 173
• 3.8%

174 16.3% Order Intake current period 16.6% Q4 2015 vs. Q4 2014 Q1-Q4 2015 vs. Q1- Q4 2014 Q4 2015 vs. Q3 2015 1,157 4,520 1,068 1,246 7.6% 4,590 1.6% 1,246

Preliminary sales Q4 2015

GEA on Roadshows and Conferences - prelim. Q4 2015 61

in EURm

∆ abs. ∆ in % ∆ abs. ∆ in % ∆ abs. ∆ in % Sales previous period Structural Change 32 2.5% 61 1.4% 14 1.3% Currency Translation 46 3.5% 213 4.7% 2 0.2% Like-for-Like Development

• 43
• 3.3%
• 190
• 4.2%

214 19.3% Sales current period 20.8% Q4 2015 vs. Q4 2014 Q1-Q4 2015 vs. Q1- Q4 2014 Q4 2015 vs. Q3 2015 1,301 4,516 1,107 1,336 2.7% 4,599 1.9% 1,336

Preliminary operating EBITDA Q4 2015

GEA on Roadshows and Conferences - prelim. Q4 2015 62

in EURm

∆ abs. ∆ in % ∆ abs. ∆ in % ∆ abs. ∆ in % Operating EBITDA previous period Structural Change 7 3.0% 9 1.5% 5 3.5% Currency Translation 11 4.9% 27 4.5% 0.2% Like-for-Like Development

• 7
• 2.9%
• 5
• 0.8%

91 63.0% Operating EBITDA current period 66.8% Q4 2015 vs. Q4 2014 Q1-Q4 2015 vs. Q1- Q4 2014 Q4 2015 vs. Q3 2015 228 591 144 240 5.0% 621 5.1% 240

228 220 240 222

Q4 2015 Reported EBITDA Structural change

• 20

One-Offs/PPA

+7

Q4 2015 Operating EBITDA

+11

Q4 2015 Operating EBITDA before FX & structural changes Organic

• 7

Q4 2014 Operating EBITDA

• 2.9%

+4.9%

• 8.3%

GEA’s reported preliminary EBITDA impacted by FX and One-Offs

GEA on Roadshows and Conferences - prelim. Q4 2015 63

EBITDA bridge Q4 2015

+3.0%

FX

[EURm]

FX Development Q4 2015 YoY

GEA on Roadshows and Conferences - prelim. Q4 2015 64

Currency % total Q4 2015 sales FX Rates Q4 2015 (average) ∆ FX YoY Q4 2015 vs Q4 2014 FX Rates YTD 2015 (average) ∆ FX YoY YTD 2015 vs YTD 2014 EUR 41%

• USD

18% 1.09

• 12%

1.11

• 16%

RMB 9% 7.00

• 9%

6.97

• 15%

DKK 4% 7.46 0% 7.46 0% GBP 4% 0.72

• 9%

0.73

• 10%

NZD 3% 1.64 3% 1.59 0% PLN 3% 4.26 1% 4.18 0% SGD 2% 1.54

• 5%

1.53

• 9%

AUD 1% 1.52 4% 1.48 0% CAD 1% 1.46 3% 1.42

• 3%

BRL 1% 4.21 32% 3.70 19%

Preliminary working capital development

GEA on Roadshows and Conferences - prelim. Q4 2015 65

[EURm]

562 645 549 946 987 1,118 640 511 610 444 490 510 424 632 547 Trade Receivables1 Inventories Trade Payables Advance Payments Working Capital Q3 2015 Q4 2015 +131 +13%

• 96
• 15%

+99 +19% +20 +4%

• 85
• 13%

Q4 2014 +41 +4% +83 +15%

• 129
• 20%

+46 +10% +208 +49%

= = =

1 including POC receivables

Preliminary BtB ratios per region and customer industry as of Q4 2015 LTM

GEA on Roadshows and Conferences - prelim. Q4 2015 66

Colour code: Only cross-sections with a share of > 1% of group order intake are colored <= 0.8 > 0.8 and < 1.0 >= 1.2 > 1.0 and < 1.2 Book to Bill categories

BtB % of OI BtB % of OI BtB % of OI BtB % of OI BtB % of OI BtB % of OI BtB % of OI BtB % of OI Dairy Farming 1.01 4.9% 1.08 0.9% 1.03 5.6% 1.04 1.0% 1.15 0.0% 0.85 0.0% 0.94 1.5% 1.02 13.9% Dairy Processing 1.03 9.0% 0.83 1.5% 1.10 2.8% 0.71 1.2% 2.57 1.8% 1.86 1.5% 0.61 4.3% 0.95 22.1% Food 0.99 9.7% 0.80 1.5% 1.00 3.8% 1.15 1.5% 0.84 1.3% 0.77 0.7% 1.02 3.0% 0.97 21.4% Beverages 1.00 3.9% 1.54 2.0% 0.68 1.2% 1.12 1.0% 1.79 1.2% 1.24 0.4% 1.09 4.9% 1.10 14.5% Food & Beverages 1.01 27.5% 1.01 5.9% 0.99 13.4% 0.97 4.6% 1.48 4.2% 1.29 2.6% 0.85 13.7% 0.99 72.0% Pharma 1.49 3.6% 1.50 0.7% 0.99 1.1% 0.61 0.2% 1.60 0.1% 1.11 0.1% 1.14 2.3% 1.25 8.1% Chemical 1.16 1.7% 2.49 0.4% 0.72 0.9% 1.55 0.3% 0.47 0.1% 2.57 0.7% 1.18 2.5% 1.15 6.6% Pharma/Chemical 1.36 5.3% 1.75 1.1% 0.85 2.0% 0.96 0.5% 0.63 0.2% 2.11 0.8% 1.16 4.8% 1.20 14.7% Environment 0.94 1.6% 0.93 0.3% 0.95 0.9% 0.73 0.2% 0.51 0.0% 0.87 0.1% 0.78 1.0% 0.88 4.2% Oil & Gas 0.70 0.4% 0.55 0.3% 0.52 0.5% 0.66 0.0% 0.19 0.0% 1.22 0.2% 0.65 0.3% 0.61 1.8% Marine 0.99 1.4% 1.40 0.1% 0.98 0.2% 0.69 0.1% 1.04 0.0% 0.98 0.1% 0.92 1.3% 0.96 3.1% Power 0.81 0.1% 1.63 0.1% 0.55 0.1% 1.07 0.1% 0.52 0.1% 0.51 0.3% 1.37 0.1% 0.71 0.8% Others 0.99 1.2% 0.67 0.3% 0.91 0.2% 0.89 0.2% 0.89 0.0% 1.07 0.2% 1.00 1.3% 0.94 3.4% Other Industries 0.94 4.7% 0.76 1.1% 0.77 1.9% 0.80 0.5% 0.45 0.2% 0.77 0.9% 0.88 4.0% 0.85 13.4% Total 1.04 37.5% 1.02 8.1% 0.94 17.4% 0.95 5.6% 1.31 4.6% 1.20 4.4% 0.91 22.5% 1.00 100.0% Western Europe Eastern Europe & CIS North America Book to bill ratio (L4Q) Q4 2015 Latin America Africa Middle - East Asia - Pacific Total

Preliminary key figures time line (1/11)

67 GEA on Roadshows and Conferences - prelim. Q4 2015

Order Intake [in EUR million] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment 319.8 295.8 282.4 299.0 1,196.9 305.2 347.7 348.5 336.2 1,337.5 BA Solutions 369.7 430.0 348.0 442.3 1,590.1 439.9 465.2 440.3 546.6 1,892.0 Consolidation / Others

• 25.1
• 22.7
• 25.3
• 25.7
• 98.9
• 31.8
• 35.6
• 33.5
• 28.4
• 129.2

GEA Group 664.4 703.0 605.0 715.6 2,688.1 713.4 777.3 755.3 854.4 3,100.3 Order Backlog [in EUR million] Q1 09 Q2 09 Q3 09 Q4 09 FY 2009 Q1 10 Q2 10 Q3 10 Q4 10 FY 2010 BA Equipment 439.3 421.5 389.4 365.3 365.3 403.4 438.3 422.4 379.0 379.0 BA Solutions 855.2 868.4 803.6 811.4 811.4 919.9 1,003.7 967.1 974.6 974.6 Consolidation / Others

• 18.4
• 15.4
• 17.2
• 15.6
• 15.6
• 21.4
• 25.1
• 27.4
• 20.1
• 20.1

GEA Group 1,276.0 1,274.4 1,175.8 1,161.1 1,161.1 1,301.8 1,417.0 1,362.1 1,333.5 1,333.5 Sales [in EUR million] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment 312.1 308.2 303.3 320.6 1,244.2 270.9 315.8 348.4 379.2 1,314.3 BA Solutions 378.1 401.6 408.4 449.6 1,637.7 352.0 408.8 446.8 541.8 1,749.5 Consolidation / Others

• 15.7
• 21.4
• 16.6
• 14.1
• 67.9
• 19.8
• 23.9
• 25.5
• 31.5
• 100.7

GEA Group 674.5 688.4 695.0 756.1 2,814.0 603.2 700.7 769.7 889.5 2,963.1 Adjusted Sales Growth YoY [in %] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. BA Solutions n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. Consolidation / Others n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Group n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. Book-to-Bill Ratio LTM (rolling last 12 months) Q1 09 Q2 09 Q3 09 Q4 09 FY 2009 Q1 10 Q2 10 Q3 10 Q4 10 FY 2010 BA Equipment n.a. n.a. n.a. n.a. n.a. 0.98 1.02 1.04 1.02 1.02 BA Solutions n.a. n.a. n.a. n.a. n.a. 1.03 1.05 1.08 1.08 1.08 Consolidation / Others n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Group n.a. n.a. n.a. n.a. n.a. 1.00 1.02 1.05 1.05 1.05

Order Intake [in EUR million] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment 385.2 523.9 524.8 506.9 1,940.8 547.3 535.2 534.3 552.5 2,169.2 BA Solutions 525.8 540.5 554.6 581.3 2,202.2 642.6 535.8 622.2 628.0 2,428.7 Consolidation / Others

• 36.7
• 39.6
• 38.8
• 41.2
• 156.3
• 43.9
• 42.4
• 45.0
• 41.3
• 172.6

GEA Group 874.3 1,024.8 1,040.6 1,047.0 3,986.7 1,146.0 1,028.6 1,111.6 1,139.2 4,425.4 Order Backlog [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 FY 2011 Q1 12 Q2 12 Q3 12 Q4 12 FY 2012 BA Equipment 531.9 575.8 586.9 510.4 510.4 602.7 620.9 599.5 558.0 558.0 BA Solutions 1,070.5 1,092.7 1,140.8 1,118.4 1,118.4 1,269.9 1,312.7 1,371.3 1,298.2 1,298.2 Consolidation / Others

• 21.3
• 24.9
• 26.9
• 29.6
• 29.6
• 31.6
• 32.7
• 38.4
• 26.4
• 26.4

GEA Group 1,581.2 1,643.7 1,700.9 1,599.2 1,599.2 1,841.1 1,900.9 1,932.4 1,829.9 1,829.9 Sales [in EUR million] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment 326.3 488.6 516.1 583.0 1,914.0 440.1 514.2 547.0 583.2 2,084.4 BA Solutions 409.6 505.2 512.8 632.4 2,060.0 482.2 521.2 553.0 676.8 2,233.2 Consolidation / Others

• 29.2
• 29.1
• 48.4
• 39.0
• 145.8
• 41.7
• 41.3
• 39.5
• 52.8
• 175.3

GEA Group 706.7 964.6 980.5 1,176.4 3,828.3 880.5 994.1 1,060.5 1,207.2 4,142.3 Adjusted Sales Growth YoY [in %] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. BA Solutions n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. Consolidation / Others n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Group 14.2% 22.7% 16.4% 12.7% 16.4% 22.8%

• 0.4%

4.0% 0.5% 3.4% Book-to-Bill Ratio LTM (rolling last 12 months) Q1 11 Q2 11 Q3 11 Q4 11 FY 2011 Q1 12 Q2 12 Q3 12 Q4 12 FY 2012 BA Equipment 1.03 1.03 1.04 1.01 1.01 1.04 1.03 1.02 1.04 1.04 BA Solutions 1.09 1.08 1.10 1.07 1.07 1.09 1.08 1.09 1.09 1.09 Consolidation / Others n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Group 1.06 1.05 1.07 1.04 1.04 1.06 1.06 1.05 1.07 1.07

Preliminary key figures time line (2/11)

68 GEA on Roadshows and Conferences - prelim. Q4 2015

Order Intake [in EUR million] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 533.3 570.6 573.2 553.1 2,230.2 574.9 569.7 564.7 585.8 2,295.1 BA Solutions 610.2 698.2 640.8 636.3 2,585.5 502.1 652.4 646.5 622.3 2,423.4 Consolidation / Others

• 48.5
• 48.8
• 45.6
• 45.0
• 187.8
• 52.7
• 52.2
• 43.3
• 50.6
• 198.9

GEA Group 1,095.1 1,220.0 1,168.3 1,144.4 4,627.9 1,024.3 1,169.9 1,167.9 1,157.5 4,519.6 Order Backlog [in EUR million] Q1 13 Q2 13 Q3 13 Q4 13 FY 2013 Q1 14 Q2 14 Q3 14 Q4 14 FY 2014 BA Equipment 597.8 616.3 618.1 554.5 554.5 627.6 624.1 596.7 532.6 532.6 BA Solutions 1,413.9 1,502.7 1,553.0 1,492.1 1,492.1 1,496.7 1,551.9 1,623.6 1,540.2 1,540.2 Consolidation / Others

• 29.2
• 33.8
• 35.0
• 31.1
• 31.1
• 37.6
• 38.8
• 34.9
• 35.2
• 35.2

GEA Group 1,982.6 2,085.3 2,136.2 2,015.5 2,015.5 2,086.7 2,137.2 2,185.4 2,037.6 2,037.6 Sales [in EUR million] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 465.4 533.2 554.4 610.9 2,164.0 495.4 565.4 598.3 648.5 2,307.6 BA Solutions 503.7 575.2 579.3 680.1 2,338.3 502.2 603.3 594.9 704.0 2,404.3 Consolidation / Others

• 45.0
• 43.8
• 44.6
• 48.9
• 182.2
• 46.9
• 51.0
• 47.3
• 51.0
• 196.2

GEA Group 924.2 1,064.6 1,089.1 1,242.2 4,320.0 950.7 1,117.7 1,146.0 1,301.4 4,515.7 Adjusted Sales Growth YoY [in %] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 4.5% 3.7% 3.6% 7.6% 4.9% 9.7% 9.0% 8.5% 5.3% 8.0% BA Solutions 5.7% 12.1% 9.3% 4.5% 7.7% 2.4% 7.6% 2.0% 2.2% 3.5% Consolidation / Others n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Group 5.0% 8.0% 6.2% 6.5% 6.5% 6.0% 7.9% 5.2% 3.6% 5.6% Book-to-Bill Ratio LTM (rolling last 12 months) Q1 13 Q2 13 Q3 13 Q4 13 FY 2013 Q1 14 Q2 14 Q3 14 Q4 14 FY 2014 BA Equipment 1.02 1.03 1.04 1.03 1.03 1.04 1.02 1.00 0.99 0.99 BA Solutions 1.06 1.11 1.10 1.11 1.11 1.06 1.03 1.02 1.01 1.01 Consolidation / Others n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Group 1.05 1.07 1.08 1.07 1.07 1.05 1.02 1.01 1.00 1.00

Preliminary key figures time line (3/11)

69 GEA on Roadshows and Conferences - prelim. Q4 2015

Preliminary key figures time line (4/11)

70 GEA on Roadshows and Conferences - prelim. Q4 2015

Order Intake [in EUR million] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 586.5 573.0 546.9 586.6 2,293.0 BA Solutions 588.3 628.9 573.7 704.6 2,495.6 Consolidation / Others

• 47.4
• 53.1
• 52.3
• 45.7
• 198.5

GEA Group 1,127.5 1,148.8 1,068.3 1,245.5 4,590.1 Order Backlog [in EUR million] Q1 15 Q2 15 Q3 15 Q4 15 FY 2015 BA Equipment 608.3 581.4 557.8 501.9 501.9 BA Solutions 1,684.4 1,652.9 1,634.2 1,585.4 1,585.4 Consolidation / Others

• 36.7
• 38.8
• 43.6
• 33.5
• 33.5

GEA Group 2,256.0 2,195.5 2,148.4 2,053.7 2,053.7 Sales [in EUR million] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 527.0 587.9 558.9 650.0 2,323.7 BA Solutions 526.0 612.9 594.4 741.9 2,475.2 Consolidation / Others

• 46.6
• 50.7
• 46.7
• 55.7
• 199.6

GEA Group 1,006.4 1,150.1 1,106.6 1,336.2 4,599.3 Adjusted Sales Growth YoY [in %] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 0.8%

• 2.5%
• 9.6%
• 4.4%
• 4.2%

BA Solutions

• 2.5%
• 5.8%
• 6.0%
• 1.5%
• 3.9%

Consolidation / Others n.a. n.a. n.a. n.a. n.a. GEA Group

• 0.9%
• 4.1%
• 8.0%
• 3.3%
• 4.2%

Book-to-Bill Ratio LTM (rolling last 12 months) Q1 15 Q2 15 Q3 15 Q4 15 FY 2015 BA Equipment 0.99 0.98 0.99 0.99 0.99 BA Solutions 1.03 1.02 0.99 1.01 1.01 Consolidation / Others n.a. n.a. n.a. n.a. n.a. GEA Group 1.01 1.00 0.99 1.00 1.00

Operating EBITDA [in EUR million] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment 31.2 35.7 42.5 52.6 162.0 35.0 40.5 58.6 57.9 192.0 BA Solutions 11.7 21.5 22.7 43.3 99.3 12.1 21.2 23.2 68.8 125.3 Consolidation / Others

• 0.2

0.1 0.9

• 13.3
• 12.6
• 2.3

2.0

• 2.0
• 4.5
• 6.7

GEA Group 42.7 57.3 66.2 82.6 248.7 44.9 63.7 79.8 122.3 310.6 Operating EBITDA - Margin [in %] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment 10.0% 11.6% 14.0% 16.4% 13.0% 12.9% 12.8% 16.8% 15.3% 14.6% BA Solutions 3.1% 5.4% 5.6% 9.6% 6.1% 3.4% 5.2% 5.2% 12.7% 7.2% GEA Group 6.3% 8.3% 9.5% 10.9% 8.8% 7.4% 9.1% 10.4% 13.7% 10.5% EBITDA reported [in EUR million] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment 31.2 33.3 39.9 38.6 143.0 34.9 38.6 49.4 52.5 175.4 BA Solutions 10.5 17.9 11.9 32.3 72.6 12.0 19.8 21.1 55.9 108.9 Consolidation / Others

• 3.1
• 2.2
• 3.5
• 19.2
• 28.1

0.0

• 1.2
• 5.2
• 6.1
• 12.4

GEA Group 38.6 49.0 48.3 51.7 187.6 47.0 57.2 65.4 102.3 271.9 Operating EBIT [in EUR million] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment 24.8 29.0 35.6 45.4 134.9 27.4 32.6 50.7 47.2 157.8 BA Solutions 7.7 17.3 18.7 39.1 82.8 7.9 16.8 18.9 64.0 107.6 Consolidation / Others

• 3.0
• 2.9
• 2.0
• 18.2
• 26.0
• 5.3
• 0.8
• 4.3
• 7.1
• 17.5

GEA Group 29.4 43.4 52.4 66.3 191.6 29.9 48.5 65.3 104.1 247.9 Operating EBIT - Margin [in %] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment 7.9% 9.4% 11.8% 14.2% 10.8% 10.1% 10.3% 14.5% 12.4% 12.0% BA Solutions 2.0% 4.3% 4.6% 8.7% 5.1% 2.2% 4.1% 4.2% 11.8% 6.2% GEA Group 4.4% 6.3% 7.5% 8.8% 6.8% 5.0% 6.9% 8.5% 11.7% 8.4%

Preliminary key figures time line (5/11)

71 GEA on Roadshows and Conferences - prelim. Q4 2015

Operating EBITDA [in EUR million] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment 41.6 66.8 74.0 95.6 278.0 43.3 66.5 80.2 98.4 288.4 BA Solutions 25.0 38.3 45.1 87.9 196.3 25.6 45.3 51.4 90.8 213.1 Consolidation / Others

• 4.2
• 4.7

0.7 3.5

• 4.7
• 0.9
• 1.1

0.6

• 5.7
• 7.1

GEA Group 62.4 100.3 119.8 187.0 469.6 68.0 110.7 132.3 183.5 494.4 Operating EBITDA - Margin [in %] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment 12.7% 13.7% 14.3% 16.4% 14.5% 9.8% 12.9% 14.7% 16.9% 13.8% BA Solutions 6.1% 7.6% 8.8% 13.9% 9.5% 5.3% 8.7% 9.3% 13.4% 9.5% GEA Group 8.8% 10.4% 12.2% 15.9% 12.3% 7.7% 11.1% 12.5% 15.2% 11.9% EBITDA reported [in EUR million] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment 41.6 47.1 74.7 94.9 258.2 7.4 62.3 73.6 80.4 223.7 BA Solutions 25.0 38.3 45.1 87.9 196.3 25.6 45.3 51.2 90.8 212.8 Consolidation / Others

• 6.8
• 7.2
• 1.9

1.7

• 14.2
• 3.6
• 3.5
• 1.8
• 7.7
• 16.5

GEA Group 59.9 78.1 117.9 184.4 440.3 29.4 104.1 123.0 163.5 420.1 Operating EBIT [in EUR million] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment 33.8 56.2 63.2 85.7 238.8 32.9 57.1 70.1 87.2 247.4 BA Solutions 20.6 33.7 40.1 82.7 177.1 21.0 40.5 46.6 85.2 193.4 Consolidation / Others

• 6.1
• 6.7
• 1.4

0.9

• 13.3
• 3.2
• 2.7
• 1.3
• 7.8
• 15.0

GEA Group 48.2 83.2 101.9 169.3 402.6 50.7 94.9 115.4 164.7 425.8 Operating EBIT - Margin [in %] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment 10.4% 11.5% 12.2% 14.7% 12.5% 7.5% 11.1% 12.8% 15.0% 11.9% BA Solutions 5.0% 6.7% 7.8% 13.1% 8.6% 4.4% 7.8% 8.4% 12.6% 8.7% GEA Group 6.8% 8.6% 10.4% 14.4% 10.5% 5.8% 9.5% 10.9% 13.6% 10.3%

Preliminary key figures time line (6/11)

72 GEA on Roadshows and Conferences - prelim. Q4 2015

Operating EBITDA [in EUR million] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 48.6 66.3 84.3 113.4 312.7 56.6 72.4 90.5 131.7 351.1 BA Solutions 32.1 52.2 53.5 95.2 233.0 34.2 57.8 60.3 113.5 265.8 Consolidation / Others

• 8.3
• 0.1
• 4.3
• 2.9
• 15.6
• 5.7
• 2.2
• 1.7
• 16.7
• 26.3

GEA Group 72.4 118.4 133.5 205.7 530.1 85.1 128.0 149.0 228.5 590.7 Operating EBITDA - Margin [in %] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 10.4% 12.4% 15.2% 18.6% 14.4% 11.4% 12.8% 15.1% 20.3% 15.2% BA Solutions 6.4% 9.1% 9.2% 14.0% 10.0% 6.8% 9.6% 10.1% 16.1% 11.1% GEA Group 7.8% 11.1% 12.3% 16.6% 12.3% 9.0% 11.5% 13.0% 17.6% 13.1% EBITDA reported [in EUR million] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 48.3 66.3 84.3 113.4 312.4 56.6 72.4 85.7 126.0 340.7 BA Solutions 32.1 52.2 53.5 95.2 233.0 34.2 57.8 58.6 113.8 264.5 Consolidation / Others

• 9.3
• 4.7
• 7.9
• 8.3
• 30.2
• 7.8
• 7.1
• 4.3
• 46.0
• 65.3

GEA Group 71.1 113.8 130.0 200.3 515.2 83.0 123.1 140.0 193.9 539.9 Operating EBIT [in EUR million] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 38.4 55.6 72.9 100.5 267.4 44.4 60.0 77.8 116.1 298.3 BA Solutions 27.4 47.6 48.7 90.8 214.4 29.8 53.1 55.7 109.2 247.8 Consolidation / Others

• 10.4
• 2.2
• 6.0
• 4.5
• 23.0
• 7.4
• 3.8
• 3.3
• 18.1
• 32.6

GEA Group 55.4 101.0 115.6 186.8 458.8 66.8 109.3 130.2 207.2 513.5 Operating EBIT - Margin [in %] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 8.3% 10.4% 13.1% 16.5% 12.4% 9.0% 10.6% 13.0% 17.9% 12.9% BA Solutions 5.4% 8.3% 8.4% 13.3% 9.2% 5.9% 8.8% 9.4% 15.5% 10.3% GEA Group 6.0% 9.5% 10.6% 15.0% 10.6% 7.0% 9.8% 11.4% 15.9% 11.4%

Preliminary key figures time line (7/11)

73 GEA on Roadshows and Conferences - prelim. Q4 2015

Preliminary key figures time line (8/11)

74 GEA on Roadshows and Conferences - prelim. Q4 2015 Operating EBITDA [in EUR million] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 67.4 84.5 92.4 137.7 381.9 BA Solutions 32.3 58.1 51.9 113.0 255.2 Consolidation / Others

• 1.5
• 3.3
• 0.5
• 10.9
• 16.2

GEA Group 98.2 139.3 143.7 239.8 621.0 Operating EBITDA - Margin [in %] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 12.8% 14.4% 16.5% 21.2% 16.4% BA Solutions 6.1% 9.5% 8.7% 15.2% 10.3% GEA Group 9.8% 12.1% 13.0% 17.9% 13.5% EBITDA reported [in EUR million] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 64.5 27.6 90.4 126.4 308.9 BA Solutions 31.7 31.1 45.1 94.6 202.5 Consolidation / Others

• 3.1
• 52.3
• 25.1
• 1.1
• 81.6

GEA Group 93.0 6.4 110.4 220.0 429.8 Operating EBIT [in EUR million] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 54.3 71.5 78.1 123.0 326.9 BA Solutions 27.5 53.3 46.6 107.4 234.8 Consolidation / Others

• 3.0
• 5.0
• 2.1
• 12.7
• 22.8

GEA Group 78.8 119.8 122.6 217.7 538.8 Operating EBIT - Margin [in %] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 10.3% 12.2% 14.0% 18.9% 14.1% BA Solutions 5.2% 8.7% 7.8% 14.5% 9.5% GEA Group 7.8% 10.4% 11.1% 16.3% 11.7%

EBIT reported [in EUR million] Q1 09 sel Q2 09 sel Q3 09 sel Q4 09 sel FY 2009 Q1 10 sel Q2 10 sel Q3 10 sel Q4 10 sel FY 2010 BA Equipment 24.2 26.0 32.2 30.7 113.2 26.6 29.8 40.7 40.4 137.5 BA Solutions 5.8 13.0 7.2 26.7 52.7 7.1 14.7 16.1 50.3 88.2 Consolidation / Others

• 6.0
• 5.3
• 6.5
• 24.0
• 41.8
• 3.1
• 4.1
• 7.6
• 8.7
• 23.4

GEA Group 24.0 33.7 33.0 33.4 124.2 30.5 40.4 49.3 82.0 202.2 Capital Employed w/o goodwill1) (average LTM) [in EUR million] Q1 09 Q2 09 Q3 09 Q4 09 FY 2009 Q1 10 Q2 10 Q3 10 Q4 10 FY 2010 BA Equipment

• n.a.

633.4 632.0 630.7 641.6 641.6 BA Solutions

• n.a.

382.9 375.0 369.1 360.8 360.8 Consolidation / Others

• n.a.

62.1 64.0 66.1 67.0 67.0 GEA Group

• n.a.

1,078.4 1,071.0 1,066.0 1,069.5 1,069.5 ROCE w/o goodwill2) LTM [in%] Q1 09 Q2 09 Q3 09 Q4 09 FY 2009 Q1 10 Q2 10 Q3 10 Q4 10 FY 2010 BA Equipment

• n.a.

18.2% 18.9% 20.3% 21.4% 21.4% BA Solutions

• n.a.

14.1% 14.9% 17.5% 24.4% 24.4% GEA Group

• n.a.

12.1% 12.8% 14.4% 18.9% 18.9% EBIT reported [in EUR million] Q1 11 sel Q2 11 sel Q3 11 sel Q4 11 sel FY 2011 Q1 12 sel Q2 12 sel Q3 12 sel Q4 12 sel FY 2012 BA Equipment 33.0 27.4 56.1 81.2 197.7

• 7.6

48.0 58.5 50.5 149.3 BA Solutions 19.8 33.0 39.5 80.0 172.2 20.1 39.5 45.3 84.5 189.6 Consolidation / Others

• 8.7
• 9.2
• 4.0
• 1.0
• 22.9
• 6.0
• 5.2
• 3.7
• 9.7
• 24.6

GEA Group 44.0 51.1 91.6 160.2 347.0 6.5 82.3 100.1 125.4 314.3 Capital Employed w/o goodwill1) (average LTM) [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 FY 2011 Q1 12 Q2 12 Q3 12 Q4 12 FY 2012 BA Equipment 694.6 843.9 1,007.6 1,175.3 1,175.3 1,299.8 1,340.7 1,376.0 1,402.6 1,402.6 BA Solutions 356.2 353.3 356.8 370.1 370.1 393.2 410.6 419.1 408.0 408.0 Consolidation / Others 67.1 69.2 72.3 74.2 74.2 79.0 79.0 77.6 76.8 76.8 GEA Group 1,117.9 1,266.4 1,436.7 1,619.6 1,619.6 1,771.9 1,830.3 1,872.7 1,887.4 1,887.4 ROCE w/o goodwill2) LTM [in%] Q1 11 Q2 11 Q3 11 Q4 11 FY 2011 Q1 12 Q2 12 Q3 12 Q4 12 FY 2012 BA Equipment 20.7% 16.8% 15.6% 16.8% 16.8% 12.1% 13.2% 13.1% 10.6% 10.6% BA Solutions 28.3% 33.7% 39.9% 46.5% 46.5% 43.9% 43.6% 44.1% 46.5% 46.5% GEA Group 19.3% 17.9% 18.7% 21.4% 21.4% 17.5% 18.6% 18.6% 16.7% 16.7%

Preliminary key figures time line (9/11)

75 GEA on Roadshows and Conferences - prelim. Q4 2015

EBIT reported [in EUR million] Q1 13 sel Q2 13 sel Q3 13 sel Q4 13 sel FY 2013 Q1 14 sel Q2 14 sel Q3 14 sel Q4 14 sel FY 2014 BA Equipment 33.0 50.5 67.9 95.5 246.9 39.3 55.2 68.2 105.6 268.3 BA Solutions 26.5 46.7 47.8 89.5 210.5 28.9 52.3 53.1 108.8 243.0 Consolidation / Others

• 11.5
• 6.8
• 9.7
• 9.9
• 37.9
• 9.5
• 8.8
• 5.9
• 47.3
• 71.5

GEA Group 48.1 90.4 106.0 175.1 419.6 58.7 98.7 115.4 167.0 439.9 Capital Employed w/o goodwill1) (average LTM) [in EUR million] Q1 13 Q2 13 Q3 13 Q4 13 FY 2013 Q1 14 Q2 14 Q3 14 Q4 14 FY 2014 BA Equipment 1,428.1 1,438.7 1,444.9 1,454.9 1,454.9 1,466.1 1,480.1 1,494.7 1,506.2 1,506.2 BA Solutions 391.3 381.5 372.1 371.3 371.3 365.4 365.0 370.2 375.5 375.5 Consolidation / Others 70.7 70.3 69.6 68.8 68.8 68.8 66.9 64.1 61.8 61.8 GEA Group 1,890.1 1,890.6 1,886.5 1,895.0 1,895.0 1,900.2 1,912.0 1,929.0 1,943.4 1,943.4 ROCE w/o goodwill2) LTM [in%] Q1 13 Q2 13 Q3 13 Q4 13 FY 2013 Q1 14 Q2 14 Q3 14 Q4 14 FY 2014 BA Equipment 13.3% 13.4% 14.0% 17.0% 17.0% 17.3% 17.4% 17.3% 17.8% 17.8% BA Solutions 50.1% 53.2% 55.3% 56.7% 56.7% 58.3% 59.9% 60.4% 64.7% 64.7% GEA Group 18.8% 19.3% 19.6% 22.1% 22.1% 22.6% 22.9% 23.2% 22.6% 22.6%

Preliminary key figures time line (10/11)

76 GEA on Roadshows and Conferences - prelim. Q4 2015

EBIT reported [in EUR million] Q1 15 sel Q2 15 sel Q3 15 sel Q4 15 sel FY 2015 BA Equipment 46.5 8.1 72.3 100.2 227.1 BA Solutions 25.7 24.9 37.6 82.3 170.5 Consolidation / Others

• 4.7
• 54.0
• 26.7
• 2.8
• 88.1

GEA Group 67.5

• 20.9

83.1 179.7 309.4 Capital Employed w/o goodwill1) (average LTM) [in EUR million] Q1 15 Q2 15 Q3 15 Q4 15 FY 2015 BA Equipment 1,519.8 1,526.8 1,530.6 1,543.7 1,543.7 BA Solutions 391.0 417.1 460.6 514.6 514.6 Consolidation / Others 63.2 62.8 62.1 61.3 61.3 GEA Group 1,974.0 2,006.7 2,053.2 2,119.6 2,119.6 ROCE w/o goodwill2) LTM [in%] Q1 15 Q2 15 Q3 15 Q4 15 FY 2015 BA Equipment 18.1% 15.0% 15.2% 14.7% 14.7% BA Solutions 61.3% 51.0% 42.8% 33.1% 33.1% GEA Group 22.7% 16.4% 14.5% 14.6% 14.6%

Preliminary key figures time line (11/11): Remarks

• Please note:

Adjusted sales growth = before currency translation and structural change

• 1) Capital employed excluding EUR 802m goodwill from the acquisition of the former GEA AG by the

former Metallgesellschaft AG in 1999.

• 2) ROCE LTM = EBIT reported (LTM) / Capital employed excluding EUR 802m goodwill from the

acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999 (average LTM).

GEA on Roadshows and Conferences - prelim. Q4 2015 77

ADR Information

GEA Group has a sponsored level I ADR program Ratio: 1 ADR = 1 Ordinary share

• Bloomberg ticker: GEAGY:US
• CUSIP: 361592108
• ISIN: US3615921083

Depositary bank: Deutsche Bank Trust Company Americas Depositary bank contacts: ADR broker helpline

• Tel: +1 212 250 9100 (New York)
• Tel: +44 207 547 6500 (London)
• Email: adr@db.com and website: www.adr.db.com

Depositary bank’s local custodian: Deutsche Bank Frankfurt

78 GEA on Roadshows and Conferences - prelim. Q4 2015

Investor Relations Contact

Donat von Müller +49 211 9136 1080 donat.vonmueller @gea.com

• Dr. Helmut Schmale

CFO +49 211 9136 1082 ir@gea.com Rebecca Weigl +49 211 9136 1081 rebecca.weigl @gea.com Thomas Rosenke +49 211 9136 1085 thomas.rosenke @gea.com

79 GEA on Roadshows and Conferences - prelim. Q4 2015

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