[PPT] - Presentation German Investment Seminar 2015 New York, January 12th, PowerPoint Presentation

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GEA Group Aktiengesellschaft New York, January 12th, 2014

Presentation German Investment Seminar 2015

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engineering for a better world

Forward-looking statements are based on our current assumptions and forecasts. These statements naturally entail risks and uncertainties, which may cause the actual results of operations, financial position or performance to diverge significantly from the estimates given here. Factors that could cause such a divergence include 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. We are under no obligation to update 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%.

Disclaimer

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Table of Contents

GEA Equity Story Pages 4 - 28 Q3 2014 Results Presentation Pages 30 - 49 Back-ups Pages 51 - 61 Historical Key Figures GEA Group & Segments Pages 62 - 67 ADR Information Page 68

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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 4.3bn (FY13) Operating EBIT Margin 10.6% (FY13) Employees >18,000 (Sep 14) Market Cap >EUR 6.5bn (Sep 14) Dairy Farming Dairy Processing Beverages Food

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You are in touch with food processed by GEA equipment every day…

GEA in summary

…we are all this and more every day.

Every 4th liter

f milk you are

consuming has been processed through GEA equipment. Every 3rd instant coffee production line around the globe has been built by GEA. Every 3rd chicken nugget you are eating has been processed by our equipment. Every 2nd liter of beer you are drinking has gone through our components.

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Urbanization

Shanghai necessary agricultural supply area

Illustrative

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

2.6 5.3

2010 2050

Emerging markets

(B)

1.0 1.1

2010 2050

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

50%

in the cities

50%

in the countryside

300 KM

Germany

Today the world’s population lives

75%

in the cities

25%

in the countryside

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

Economically good times Economically difficult times

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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?

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… … … … Quality of After-Sales Service 23% Price 30% Machine Quality and Performance 71% … … Ranking of key buying criterion according to GEA customer satisfaction survey, September 20141 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

1 Stratified sample size n=3274, external poll

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Source: Frankfurter Allgemeine Zeitung (26.06.2014)

~ 3,500 new products entered the US food market in 2012 ~ 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

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engineering for a better world ~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

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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 - German Investment Seminar January 2015 New York 12

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Our vision “GEA 2020”: To be the first choice of our customers Our ARTE framework defines our strategy how to reach the target footprint “GEA 2020” 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

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ARTE framework as pillars for GEA’s strategy

Regions Technologies

Functional

Excellence

Exploit market

potential in target applications

Align GEA-wide

application strategy and customer approach

Capture global

growth opportunities

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
rganizational

complexity

Target Footprint 2020

Applications

Exploit market

potential in target applications

Align GEA-wide

application strategy and customer approach

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1 4 2 3 5 8 6

Targeted applications for target footprint “GEA 2020”

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

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Example how GEA executes its application strategy

Milk intake & preparation Milk storage & distribution Standardization Bacteria removal (optional) Pasteurization Whey drainage & pre-press Pressing Water cooling, brining, ripening Cutting & Slicing Primary packaging Curd production Final process Press & ripe Coagulate & de-whey Bacteria starter mixing

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

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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:

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

Current Organization Future Blueprint Executive Board

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 Equipment BA Solutions BA Global Corp. Center SSC RT FT ME PE Head- quarter

Regions Regions Regions Regions

Support Support Support Support

Regions / Countries

Executive Board

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A pplications R egions T echnologies Functional E xcellence

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

Executive Board

Shared Services Center (SCC) Global Corporate Center (GCC) 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

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Financial Targets

FY 2014 - 2020 CAGR Organic Sales Growth FY 2014 - FY 2020: 4% to 6% p.a. 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%

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Financial Targets for FY 2014 - FY 2020: Organic sales growth of 4% to 6% p.a. until 2020

(Index 2009 = 100) 70 80 90 100 110 120 130 2009 2010 2011 2012 2013

GEA: +5.8% p.a. GDP: +3.8% p.a.

GEA’s organic sales growth until 2020: 4% to 6% CAGR until 2020 GEA’s organic sales growth 2009 – 2013 has outperformed GDP by ~200 bps

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engineering for a better world 294 192 248 403

426 459 493 8.8% 6.8% 8.4% 10.5% 10.3% 10.6% 11.1% 13,2% 2008 2009 2010 2011 2012 2013 Q3 2014 (LTM) 1 Target 2017- 2020 Operating EBIT Operating EBIT-Margin (LTM)

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

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

Sales growth [EURm] 16% 13% 100 Savings “Fit for 2020“ Target 2017 - 2020 Target Range GEA - German Investment Seminar January 2015 New York 22

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Strong focus on ROCE and cash generation

[EURm]

1,772 1,830 1,873 1,887 1,890 1,891 1,886 1,895 1,900 1,912 1,929

17.5% 18.6% 18.6% 16.7% 18.8% 19.3% 19.6% 22.1% 22.6% 22.9% 23.2% Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Capital Employed (average LTM) ROCE (average LTM)

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

ROCE > 23%

138
147
132
88
26

10 33 19

1
19
38

410 436 441 420 462 471 478 515 527 536 546

129
116
120
125
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3.6% 4.3% 4.6% 5.0% 7.4% 8.3% 9.0% 9.6% 9.3% 9.0% 8.8% Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Delta Working Capital (Average LTM) EBITDA (LTM) Capex (LTM) Cash Flow Driver Margin (LTM)

[EURm]

Cash Flow Driver Margin

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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 over a couple of years

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

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Steady growth rates (catch-up in Emerging Markets) Superior margin levels (high technological requirements; high barriers to entry) Food safety concerns Innovation for resource efficiency (power, water, etc.)

Summary: What we like about the food industry

Product Innovation (continuous launch of new products to stimulate demand) 10l 1l

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Preliminary FY14 order intake and FY14 sales guidance raised

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FY14 Sales Guidance raised FY14 organic sales growth is now expected to amount to approximately 5%, which lies within the expected long-term growth corridor of 4-6% organic sales growth. Prior to this, FY14 organic sales was only expected to grow moderately.

1,095 1,024 1,220 1,170 1,168 1,168 1,144 1,145 2013 2014

Order Intake

4,507 4,628 Q1 Q2 Q3 Q4 D -3% D 0% D -4% D -6% D 0% [EURm]

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At the condition of no unexpected economic downturns, assuming constant FX-rates versus FY 2013 and disregarding potential acquisitions and one-off expenses we are aiming in 2014 for:

Cash Flow Driver Margin:

Updated Guidance FY 2014 continuing operations

Organic Sales Growth

Approximately 5%

Operating EBITDA (EURm)

550 - 590

Cash Flow Driver Margin

9.0% - 9.5%

EBITDA Capex D Working Capital (Average LTM) Sales Sales Sales

+

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Key Messages

4% to 6% organic sales growth (FY 2014 – FY 2020)
13% to 16% Operating EBIT-Margin (FY 2017 – FY 2020)

GEA with clear growth and profitability targets

Clear plans for use of net cash position within 1 – 2 years
Change in dividend policy by raising payout ratio to a range of 40% to 50%
Priority on M&A following clear criteria and strategic vision

Capital allocation

Cost savings of at least EUR 100m net p.a.
New set-up offers further potential to increase efficiency

Future organizational set-up “Fit for 2020”

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

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Strong Q3 results

Order Intake (EURm)

1,168

Sales (EURm)

1,146

Operating EBITDA (EURm)

149.0

Operating EBIT (EURm)

130.2

ROCE

23.2%

CFD Margin

8.8%

D organic:

1% YoY

D organic: +5% YoY D +12% YoY D +13% YoY D +361 bps YoY D -19 bps YoY D reported: 0% YoY Organic growth in all segments Q3 record margin of 13.0% +74 bps YoY Q3 record margin of 11.4% +75 bps YoY Key Highlights Q3 2014:

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Sales

1,089 1,146

Q3 2013 Q3 2014 [EURm] [EURm]

Operating EBIT Margin

10.6% 11.4%

Q3 2013 Q3 2014

Operating EBIT

1,168 1,168

Q3 2013 Q3 2014

116 130

Q3 2013 Q3 2014

Order Intake

Key Figures Q3 2014 and change YoY

[EURm]

rganic: -1%
rganic: +5%

D 0% D +5% D +13% D +75 bps GEA - German Investment Seminar January 2015 New York 31

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Development LTM: Order Intake, Sales, Operating Margins

[EURm] 9.6% 11.4% 12.1% 11.9% 12.7% 7.4% 9.5% 10.5% 10.2% 11.1% 6% 7% 8% 9% 10% 11% 12% 13% 2000 3000 4000 5000 6000 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 Order Intake Sales Operating EBITDA Margin Operating EBIT Margin 6,000 5,000 4,000 3,000 2,000

Operating EBIT Margin first time > 11% on rolling LTM

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Operating EBIT

15 21 42 46 50 48 14 19 Q3 2013 Q3 2014 175 195 515 506 358 329 151 166 Q3 2013 Q3 2014

Operating EBIT Margin Sales Order Intake

Segments Q3 2014

1,168 1,168 GEA RT GEA PE GEA ME GEA FT GEA RT GEA PE GEA ME GEA FT [EURm]

rganic: -1%

D 0% D -8% D -2% D +11% D +10% 185 196 441 454 336 349 157 176 Q3 2013 Q3 2014 1,089 1,146 D +4% D +3% D +6% D +12%

rganic: +5%

D +5% GEA RT GEA PE GEA ME GEA FT 116 130 D +8% D -5% D +44% D +13% Q3 2013 Q3 2014 D YoY GEA FT 9.2% 10.9% +173 bps GEA ME 14.9% 13.6%

127 bps

GEA PE 9.6% 10.1% +44 bps GEA RT 8.0% 10.7% +279 bps GEA Group 10.6% 11.4% +75 bps [EURm] [EURm] D +34% GEA - German Investment Seminar January 2015 New York 33

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Order development per size since Q3 2010

Strong growth YoY in orders < EUR 1m (+6%)

[EURm]

518 576 596 619 705 686 669 737 711 702 745 710 722 724 747 754 773 765 139 149 173 168 185 166 208 214 172 221 175 144 234 167 211 160 170 174 65 63 64 135 135 128 111 96 102 124 107 131 102 132 67 88 103 68 33 66 41 60 58 100 44 65 112 110 162 144 121 22 123 160

200 400 600 800 1.000 1.200 1.400 Q3 10 Q4 10 Q1 11 Q2 11 (excl.FS) 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 OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m 1,400 1,200 1,000

f L4Q: 760 f L4Q: 725 f L4Q: 705

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Sales LTM per Q3 2014: Strong Western Europe driven by dairy export business

North America D YoY: -3% 16% Eastern Europe & CIS 8% D YoY: +4% Western Europe 37% D YoY: +13% Latin America D YoY: -2% 6% Africa D YoY: -5% 4% Middle East D YoY: -18% 4% Asia-Pacific D YoY: +3% 25% Emerging Markets1 38% D YoY: -4% Top-3-Countries USA: 15% (16%) D abs.: -3% YoY China: 9% (10%) D abs.: -1% YoY Germany: 9% (9%) D abs.: +3% YoY

1 According to the definition of emerging/developing economies by International Monetary Fund.

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Sales by Customer Industry since Q4 20091: Strong growth from dairy sector

1 Average last four quarters: Q1 – Q4 2009 = Index 100

.

14% (13%) 23% (22%) 22% (24%) 13% (14%) 12% (13%) 16% (14%) Sales LTM per Q3 2014: EUR 4,456m +4% YoY Dairy Farming D +10% YoY Food D -4% YoY Beverages D -2% YoY Other Industries D +16% YoY Pharma/ Chemical D -6% YoY Dairy Processing D +11% YoY

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

Pharma/Chemical Other Industries GEA Group 60% 100% 140% 180% 220% Food Beverages GEA Group

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Book to bill ratio (L4Q) Q3 2014 Dairy Farming 1,01 5,5% 1,00 1,1% 1,05 4,8% 1,00 1,0%

6,43

0,0% 1,68 0,1% 1,04 1,6% 1,02 14,0% Dairy Processing 0,84 8,1% 1,57 2,8% 1,06 3,1% 1,64 2,0% 1,52 0,9% 1,02 0,8% 1,30 8,1% 1,11 25,7% Food 1,02 9,2% 0,96 2,2% 1,12 3,5% 1,12 1,4% 0,89 1,4% 1,14 0,9% 0,87 3,1% 1,00 21,8% Beverages 0,87 3,2% 0,52 0,8% 0,80 1,1% 0,57 0,5% 2,60 2,0% 0,31 0,1% 0,84 3,5% 0,87 11,3% Food & Beverages 0,93 26,0% 1,02 6,9% 1,04 12,4% 1,12 4,9% 1,47 4,3% 0,93 1,9% 1,05 16,3% 1,02 72,8% Pharma 1,14 2,6% 0,50 0,3% 0,92 1,0% 1,07 0,6% 0,20 0,0% 1,04 0,3% 0,97 2,1% 0,97 7,0% Chemical 1,02 1,3% 0,86 0,1% 0,99 1,0% 0,95 0,3% 3,25 0,1% 0,44 0,1% 1,17 2,1% 1,05 5,0% Pharma/Chemical 1,10 4,0% 0,57 0,4% 0,95 2,0% 1,03 0,9% 0,75 0,2% 0,75 0,4% 1,06 4,1% 1,00 12,0% Environment 1,19 1,6% 0,92 0,3% 0,94 0,7% 0,39 0,1% 1,17 0,1% 0,99 0,1% 0,96 1,1% 1,00 3,9% Oil & Gas 1,31 0,9% 2,60 0,7% 1,03 0,8% 0,41 0,0% 2,23 0,1% 0,30 0,1% 0,40 0,7% 0,83 3,4% Marine 1,13 1,5% 1,26 0,1% 1,00 0,1% 0,66 0,1% 0,89 0,0% 0,64 0,0% 1,35 1,9% 1,20 3,7% Power 0,75 0,2% 0,42 0,0% 1,24 0,1% 1,07 0,1% 0,97 0,1% 0,97 0,2% 0,85 0,1% 0,89 0,9% Others 1,08 1,2% 1,07 0,3% 0,95 0,3% 0,72 0,2% 0,48 0,0% 0,73 0,1% 1,04 1,2% 0,99 3,3% Other Industries 1,13 5,4% 1,41 1,3% 1,00 2,1% 0,62 0,5% 1,19 0,4% 0,62 0,6% 0,89 5,0% 0,98 15,2% Total 0,98 35,4% 1,03 8,6% 1,02 16,5% 1,03 6,3% 1,39 4,8% 0,82 2,9% 1,02 25,4% 1,01 100,0% Latin America Africa Middle - East Asia - Pacific Total Western Europe Eastern Europe & CIS North America

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

Book to Bill Ratio > 1 in Food & Beverages driven by Dairy Processing

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engineering for a better world 750 850 850 900 951 1,082 1,286 1,285 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 Order Backlog invoicable in respective FY Order Backlog invoicable after respective FY

Order Backlog: Continuously increasing

[EURm]

1.06 1.06 1.05 1.07 1.07 1.05 1.07 1.04 1.05 1.07 1.08 1.02 1.01

2,136 1,701 1,599 1,841 1,901 1,983 2,085 1,830 1,932 2,015 2,087 2,137 2,185 LTM BtB ratio

#

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ROCE Development: Already above 23%

[EURm] 1,772 1,830 1,873 1,887 1,890 1,891 1,886 1,895 1,900 1,912 1,929 17.5% 18.6% 18.6% 16.7% 18.8% 19.3% 19.6% 22.1% 22.6% 22.9% 23.2% Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Capital Employed (average LTM) ROCE (average LTM)

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

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Working Capital ratio stabilized at around 12%

[EURm] 351 269 404 449 460 395 523 521 511 356 515 521 538 363 535 590 548 12.4% 11.6% 11.3% 11.0% 11.3% 11.4% 12.1% 12.8% 12.9% 12.7% 12.2% 11.9% 11.7% 11.7% 11.8% 11.9% 12.1% 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 Working Capital Working Capital (average LTM) as % of sales (LTM) GEA - German Investment Seminar January 2015 New York 40

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Cash Flow Driver Margin Development

138
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3.6% 4.3% 4.6% 5.0% 7.4% 8.3% 9.0% 9.6% 9.3% 9.0% 8.8%

Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Delta Working Capital (Average LTM) EBITDA (LTM) Capex (LTM) Cash Flow Driver Margin (LTM) [EURm] EBITDA Capex D Working Capital (Average LTM)

Sales Sales Sales

+

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Net Liquidity reconciliation incl. GEA HX

[EURm]

356.3

Dividend Net Debt 30.09.2014

115.5
6.1

Discontinued Operations

40.0

Net Debt bef. DOP, M&A and Dividend

194.7
18.5

Delta Working Capital

145.2

CAPEX

140.8

678.7 Net Debt 30.09.2013 Effect from acquisitions

515.9

Taxes / Interests

53.0

Others EBITDA D +EUR 321m

Cash generation LTM: EUR ~320m

(YTD 2014: EUR 8m) GEA - German Investment Seminar January 2015 New York 42

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Service Business per Q3 LTM: 27% of Sales

Organic growth YoY of +8.1% (+5.2% reported)

[EURm] 1,137 240 461 242 194 1,196 257 479 266 209

GEA Group GEA FT GEA ME GEA PE GEA RT

D +8% (+5% reported) D +12% (+7% reported) D +7% (+4% reported) D +12% (+10% reported) D +10% (+8% reported)

42% 27% 27% 41% 35% 35% 14% 14% 27% 28%

Q3 2013 LTM Q3 2014 LTM Share of Service Sales

%

GEA - German Investment Seminar January 2015 New York 43

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At the condition of no unexpected economic downturns, assuming constant FX-rates versus FY 2013 and disregarding potential acquisitions and one-off expenses we are aiming in 2014 for:

Cash Flow Driver Margin:

Updated Guidance FY 2014 continuing operations

Organic Sales Growth

Approximately 5%

Operating EBITDA (EURm)

550 - 590

Cash Flow Driver Margin

9.0% - 9.5%

EBITDA Capex D Working Capital (Average LTM) Sales Sales Sales

+

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Additional Financial Information for 2014

Depreciation & amortization (incl PPA)

(EURm)

around

100

Thereof impact from PPA in 2014 and in subsequent years (EURm) around

23p.a.

Long term target capex level (of sales) around 2% Interest rate financial liabilities below

3%p.a.

Dividend policy payout ratio around

40-50%

f net income

Working Capital LTM (of sales LTM) approx.11%

13%

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Financial Targets

FY 2014 - 2020 CAGR Organic Sales Growth FY 2014 - FY 2020: 4% to 6% p.a. 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%

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Nov 5, 2014 Roadshow France Paris Nov 11, 2014 Roadshow Germany Frankfurt Nov 6, 2014 Roadshow Sweden Stockholm Nov 11-12, 2014 Conference UK London Nov 19, 2014 Conference UK London Nov 21, 2014 Roadshow Belgium Brussel Nov 26, 2014 Roadshow Switzerland Geneva

Investor Relations Calendar

Nov 27, 2014 Conference Switzerland Zurich Nov 20, 2014 Roadshow Netherlands Amsterdam

2 0 1 4

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Dec 1, 2014 Roadshow Spain Madrid Dec 3, 2014 Roadshow Switzerland Lugano Dec 2, 2014 Roadshow Italy Milan Dec 1-2, 2014 Conference UK London Dec 8, 2014 Roadshow Luxembourg Luxembourg

Investor Relations Calendar

2 0 1 4

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Jan 8, 2015 Conference France Lyon Feb 4, 2015 Preliminary Results FY 2014 Düsseldorf Jan 12-13, 2015 Conference USA New York Jan 19-21, 2015 Conference Germany Frankfurt Mar 9, 2015 Annual Report FY 2014 Düsseldorf May 11, 2015 Interim Report Q1/2015 Düsseldorf

Investor Relations Calendar

Apr 16, 2015 Annual General Meeting Oberhausen

2 0 1 5

GEA - German Investment Seminar January 2015 New York 49

Jan 14, 2015 Roadshow Canada Toronto Jan 15, 2015 Roadshow USA Chicago

SLIDE 50

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Order Intake by Size / Large Order Development Q3 2014

518 576 596 619 705 686 669 737 711 702 745 710 722 724 747 754 773 765 139 149 173 168 185 166 208 214 172 221 175 144 234 167 211 160 170 174 65 63 64 135 135 128 111 96 102 124 107 131 102 132 67 88 103 68 33 66 41 60 58 100 44 65 112 110 162 144 121 22 123 160 200 400 600 800 1000 1200 1400 Q3 10 Q4 10 Q1 11 Q2 11 Q2 112 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 OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m 7.4% 9.5% 10.5% 10.2% 11.1% 0% 2% 4% 6% 8% 10% 12% 1000 2000 3000 4000 5000 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 Order Intake Sales Operating EBIT Margin

Sales by Customer Industry

37% 25% 16% 8% 6% 4% 4% 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 [in EUR million] Q3 2013 Q3 2014 ∆ Q1-Q3 2013 Q1-Q3 2014 ∆ Order Intake

rganic

1,168.3 1,167.9 0.0%

0.9%

3,483.4 3,362.1

3.5%
1.6%

Sales

rganic

1,089.1 1,146.0 +5.2% +5.2% 3,077.8 3,214.3 +4.4% +6.4% Order Backlog 2,136.2 2,185.4 +2.3% 2,136.2 2,185.4 +2.3% Operating EBITDA 133.5 149.0 +11.6% 324.3 362.2 +11.7% Operating EBITDA- Margin 12.3% 13.0% +74 bps 10.5% 11.3% +73 bps Operating EBIT 115.6 130.2 +12.7% 272.0 306.3 +12.6% Operating EBIT-Margin 10.6% 11.4% +75 bps 8.8% 9.5% +69 bps ROCE (LTM)1 19.6% 23.2% +361 bps 19.6% 23.2% +361 bps

Order Intake, Sales and Operating EBIT Margin (LTM)

GEA Group

[EURm] [EURm]

LTM per Q3 2014: EUR 4,456m +4% YoY LTM per Q3 2014: EUR 4,456m +4% YoY +16%

2%
4%

+11% +10%

Δ YoY

18%

+4%

3%

+3% +13%

Δ YoY

2%
5%
6%

Sales by Region

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

3,000 4,000 5,000 2,000 1,000 1,000 1,200 1,400 w/o FS Incl.FS

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Sales by Customer Industry

40% 11% 34% 8% 7% Western Europe Asia-Pacific North America Eastern Europe&CIS Latin America 100% Dairy Farming [in EUR million] Q3 2013 Q3 2014 ∆ Q1-Q3 2013 Q1-Q3 2014 ∆ Order Intake

rganic

150.7 166.4 +10.4% +12.2% 445.1 497.7 +11.8% +15.9% Sales

rganic

156.9 176.4 +12.4% +14.2% 401.5 457.2 +13.9% +18.0% Order Backlog 112.2 120.8 +7.6% 112.2 120.8 +7.6% Operating EBITDA 17.6 22.3 +26.8% 29.2 41.5 +42.2% Operating EBITDA- Margin 11.2% 12.7% +143 bps 7.3% 9.1% +181 bps Operating EBIT 14.4 19.3 +33.6% 20.1 32.3 +61.1% Operating EBIT-Margin 9.2% 10.9% +173 bps 5.0% 7.1% +207 bps ROCE (LTM)1 11.5% 15.8% +426 bps 11.5% 15.8% +426 bps

GEA Farm Technologies

LTM per Q3 2014: EUR 633m +10% YoY LTM per Q3 2014: EUR 633m +10% YoY +10% Δ YoY

31%

+13% +21% +17%

Δ YoY

+17%

Sales by Region Order Intake by Size / Large Order Development Q3 2014

115 116 126 130 140 129 147 144 146 143 139 151 149 151 161 165 165 3 1 1 1 5 2 1 1 5 1 30 60 90 120 150 180 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 OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m 4.7% 6.7% 6.9% 7.2% 9.0% 0% 2% 4% 6% 8% 10% 200 400 600 800 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 Order Intake Sales Operating EBIT Margin

Order Intake, Sales and Operating EBIT Margin (LTM)

[EURm] [EURm]

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

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35% 27% 18% 7% 7% 4% 3% Western Europe Asia-Pacific North America Eastern Europe&CIS Latin America Middle East Africa

Sales by Customer Industry

14% 42% 9% 9% 26% Dairy Processing Food Beverages Pharma/Chemical Other Industries [in EUR million] Q3 2013 Q3 2014 ∆ Q1-Q3 2013 Q1-Q3 2014 ∆ Order Intake

rganic

357.7 328.7

8.1%
7.9%

1,033.8 996.9

3.6%
2.1%

Sales

rganic

336.3 349.2 +3.8% +4.0% 968.4 999.7 +3.2% +4.8% Order Backlog 456.8 421.7

7.7%

456.8 421.7

7.7%

Operating EBITDA 56.8 55.4

2.4%

143.7 146.0 +1.6% Operating EBITDA- Margin 16.9% 15.9%

102 bps

14.8% 14.6%

23 bps

Operating EBIT 50.1 47.6

5.0%

124.8 122.9

1.5%

Operating EBIT-Margin 14.9% 13.6%

127 bps

12.9% 12.3%

60 bps

ROCE (LTM)1 13.8% 16.5% +267 bps 13.8% 16.5% +267 bps

GEA Mechanical Equipment

LTM per Q3 2014: EUR 1,359m +3% YoY LTM per Q3 2014: EUR 1,359m +3% YoY

Sales by Region

+11%

7%
5%
3%

Δ YoY

+20%

41%

+27%

3%

+15% +2%

Δ YoY

12%

+33%

Order Intake by Size / Large Order Development Q3 2014

278 280 274 336 280 271 289 289 300 301 283 311 302 297 46 30 49 42 44 26 19 38 31 40 21 27 24 9 19 7 12 8 5 8 8 11 6 7 33 17 18 50 100 150 200 250 300 350 400 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 OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m 14.2% 13.8% 13.7% 0% 2% 4% 6% 8% 10% 12% 14% 16% 200 400 600 800 1000 1200 1400 1600 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Order Intake Sales Operating EBIT Margin

Order Intake, Sales and Operating EBIT Margin (LTM)

[EURm] [EURm]

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

1,200 1,400 1,600 1,000

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Sales by Customer Industry

44% 5% 24% 20% 7% Dairy Processing Food Beverages Pharma/Chemical Other Industries 34% 33% 11% 8% 7% 4% 4% Western Europe Asia-Pacific North America Eastern Europe&CIS Latin America Middle East Africa [in EUR million] Q3 2013 Q3 2014 ∆ Q1-Q3 2013 Q1-Q3 2014 ∆ Order Intake

rganic

515.2 506.4

1.7%
4.5%

1,566.4 1,374.0

12.3%
11.2%

Sales

rganic

441.3 453.8 +2.8% +1.9% 1,271.3 1,313.6 +3.3% +4.6% Order Backlog 1,334.9 1,370.5 +2.7% 1,334.9 1,370.5 +2.7% Operating EBITDA 46.3 49.4 +6.6% 120.7 128.4 +6.4% Operating EBITDA Margin 10.5% 10.9% +39 bps 9.5% 9.8% +28 bps Operating EBIT 42.4 45.6 +7.5% 109.3 117.2 +7.2% Operating EBIT Margin 9.6% 10.1% +44 bps 8.6% 8.9% +32 bps ROCE (LTM)1 70.3% 76.4% +610 bps 70.3% 76.4% +610 bps

GEA Process Engineering

LTM per Q3 2014: EUR 1,840m +3% YoY LTM per Q3 2014: EUR 1,840m +3% YoY

Sales by Region

+15%

6%
3%
27%

+14%

Δ YoY

6%

+11%

20%
4%

+25%

Δ YoY

3%
10%

Order Intake by Size / Large Order Development Q3 2014

136 177 169 178 167 159 186 175 170 197 174 170 166 194 184 185 182 110 119 133 122 116 121 144 107 132 100 104 155 98 130 91 96 109 43 58 59 127 90 111 82 75 101 94 126 82 124 50 69 96 55 33 66 41 60 58 100 44 65 79 78 162 127 121 22 123 160 100 200 300 400 500 600 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 OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m 7.0% 8.3% 9.5% 10.1% 10.7% 0% 2% 4% 6% 8% 10% 12% 400 800 1200 1600 2000 2400 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 Order Intake Sales Operating EBIT Margin

Order Intake, Sales and Operating EBIT Margin (LTM)

[EURm] [EURm]

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

1,600 2,000 2,400 1,200

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43% 15% 14% 13% 2% 6% 7% Western Europe Asia-Pacific North America Eastern Europe&CIS Latin America Middle East Africa

Sales by Customer Industry

6% 51% 5% 7% 32% Dairy Processing Food Beverages Pharma/Chemical Other Industries [in EUR million] Q3 2013 Q3 2014 ∆ Q1-Q3 2013 Q1-Q3 2014 ∆ Order Intake

rganic

174.9 195.0 +11.5% +11.9% 534.0 592.0 +10.9% +13.5% Sales

rganic

184.8 196.4 +6.3% +6.8% 526.0 540.3 +2.7% +5.1% Order Backlog 253.1 293.9 +16.1% 253.1 293.9 +16.1% Operating EBITDA 17.1 23.6 +38.2% 43.5 55.9 28.6% Operating EBITDA- Margin 9.3% 12.0% +278 bps 8.3% 10.3% +208 bps Operating EBIT 14.7 21.1 +43.6% 36.4 48.4 +33.2% Operating EBIT-Margin 8.0% 10.7% +279 bps 6.9% 9.0% +205 bps ROCE (LTM)1 22.1% 26.2% +417 bps 22.1% 26.2% +417 bps

GEA Refrigeration Technologies

LTM per Q3 2014: EUR 751m +3% YoY LTM per Q3 2014: EUR 751m +3% YoY

Sales by Region

29%

+28% +4% +8%

Δ YoY

+11%

1%

+3% +9% +1% +7%

Δ YoY

+21%

14%

Order Intake by Size / Large Order Development Q3 2014

122 120 128 145 126 135 140 139 146 142 140 134 139 146 134 155 149 17 27 19 17 20 35 29 22 44 50 22 35 35 40 46 42 40 10 5 6 19 8 20 10 6 12 6 13 7 6 16 50 100 150 200 250 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 OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m 4.4% 7.1% 8.0% 8.1% 9.8% 0% 2% 4% 6% 8% 10% 200 400 600 800 1000 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 Order Intake Sales Operating EBIT Margin

Order Intake, Sales and Operating EBIT Margin (LTM)

[EURm] [EURm]

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

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Q3 2014 vs. Q3 2013 Q1-Q3 2014 vs. Q1-Q3 2013 Q3 2014 vs. Q2 2014 ∆ abs. ∆ in % ∆ abs. ∆ in % ∆ abs. ∆ in % Order Intake previous period 1,168 3,483 1,170 Structural Change 0 % 0 % 0 % Currency Effects +10 +0.9 %

65
1.9 %

+16 +1.4 % Organic Development

11
0.9 %
56
1.6 %
18
1.6 %

Order Intake current period 1,168 0 % 3,362

3.5 %

1,168

0.2 %

Order Intake Q3 2014

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Q3 2014 vs. Q3 2013 Q1-Q3 2014 vs. Q1-Q3 2013 Q3 2014 vs. Q2 2014 ∆ abs. ∆ in % ∆ abs. ∆ in % ∆ abs. ∆ in % Sales previous period 1,089 3,078 1,118 Structural Change 0 % 0 % 0 % Currency Effects 0 %

60
1.9 %

+14 +1.3 % Organic Development +57 +5.2 % +196 +6.4 % +14 +1.3 % Sales current period 1,146 +5.2 % 3,214 +4.4 % 1,146 +2.5 %

Sales Q3 2014

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Q3 2014 vs. Q3 2013 Q1-Q3 2014 vs. Q1-Q3 2013 Q3 2014 vs. Q2 2014 ∆ abs. ∆ in % ∆ abs. ∆ in % ∆ abs. ∆ in % Operating EBITDA previous period 134 324 128 Structural Change 0 % 0 % 0 % Currency Effects

1
0.6 %
6
1.9 %

+2 +1.3 % Organic Development +16 +12.2 % +44 +13.6 % +19 +15.1 % Operating EBITDA current period 149 +11.6 % 362 +11.7 % 149 +16.4 %

Operating EBITDA Q3 2014

[EURm] GEA - German Investment Seminar January 2015 New York 58

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engineering for a better world 140 149 150 134 Organic Q3 2013 Operating EBITDA One-Offs Q3 2014 Reported EBITDA Q3 2014 Operating EBITDA FX Q3 2014 Operating EBITDA before FX +16

1
9

+12.2%

0.6%
6.8%

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

EBITDA bridge Q3 2014

[EURm] GEA - German Investment Seminar January 2015 New York 59

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FX Development Q3 2014 YoY

Currency % total Q3 3rd party sales FX development Q3 14 vs Q3 13 (average) USD 16 %

2.8 %

DKK 5 % 0.0 % CNY 5 %

2.8 %

GBP 5 % +5.0 % NZD 4 % +0.8 % SGD 3 %

3.2 %

BRL 2 %

10.0 %

PLN 2 % +0.6 % AUD 2 %

8.7 %

CAD 2 %

9.0 %

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Working Capital Development

622 551 641 944 929 939 535 647 537 492 470 495 538 363 548 Trade Receivables Inventories Trade Payables Advance Payments Working Capital Q4 2013 Q3 2014 +10 +1% +90 +16%

110
17%

+24 +5% +185 +51% Q3 2013

15
2%
71
11%

+111 +21%

22
4%
175
32%

= = =

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Key Figures Time Line (1/6)

Order Intake [in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1) 95,1 116,4 100,5 85,7 397,7 75,6 101,2 81,6 95,5 353,9 115,5 94,5 100,7 98,9 409,6 GEA Farm Technologies 123,5 120,5 137,0 116,0 497,1 94,9 101,2 94,9 98,6 389,6 101,1 116,1 115,0 116,3 448,5 GEA Mechanical Equipment2) 257,4 258,0 237,0 177,0 929,4 194,9 162,2 158,6 169,4 685,1 172,0 194,7 191,9 181,8 740,4 GEA Process Engineering 367,3 355,4 346,4 264,4 1.333,6 251,0 308,7 254,0 334,6 1.148,3 335,7 339,0 321,7 419,7 1.416,1 GEA Refrigeration Technologies 174,1 152,3 144,2 143,3 613,9 138,9 143,2 114,3 130,3 526,6 127,5 150,6 148,9 152,5 579,6 GEA Group excluding HX 899,2 863,9 842,9 687,1 3.293,0 664,4 703,0 605,0 715,6 2.688,1 713,4 777,3 755,3 854,4 3.100,3 GEA Heat Exchangers 485,0 416,4 389,1 431,4 1.721,9 413,6 338,9 365,0 301,3 1.418,7 304,4 398,3 404,1 399,2 1.506,0 GEA Group incl. HX 1.374,3 1.272,7 1.223,5 1.113,3 4.983,9 1.072,5 1.036,0 962,3 1.009,9 4.080,7 1.010,2 1.167,3 1.152,6 1.247,8 4.578,0 Order Backlog [in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1) n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Farm Technologies 107,8 106,0 111,1 77,5 77,5 86,0 89,5 77,2 61,5 61,5 77,1 89,4 80,6 63,1 63,1 GEA Mechanical Equipment2) 290,8 357,5 376,5 338,0 338,0 325,6 303,5 285,2 280,8 280,8 298,3 319,1 306,1 284,1 284,1 GEA Process Engineering 850,7 830,9 826,6 666,2 666,2 651,5 658,2 627,9 660,2 660,2 757,6 821,2 788,9 813,0 813,0 GEA Refrigeration Technologies 241,9 235,5 236,8 204,1 204,1 222,4 231,7 196,7 169,9 169,9 183,8 203,9 205,9 183,8 183,8 GEA Group excluding HX 1.483,5 1.520,3 1.539,2 1.283,6 1.283,6 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 GEA Heat Exchangers 1.348,3 1.344,1 1.291,7 1.172,1 1.172,1 1.203,6 1.165,3 1.142,6 1.008,6 1.008,6 1.006,7 1.061,1 1.071,3 1.086,9 1.086,9 GEA Group incl. HX 2.822,6 2.857,8 2.823,8 2.450,7 2.450,7 2.476,2 2.435,3 2.312,2 2.164,1 2.164,1 2.301,1 2.468,5 2.423,7 2.414,0 2.414,0 Sales [in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1) 91,8 99,1 98,5 104,8 394,2 89,0 79,8 82,8 82,5 334,1 101,0 99,8 93,1 103,7 397,6 GEA Farm Technologies 94,9 123,9 138,5 147,1 504,5 86,6 98,5 112,0 114,7 411,8 85,4 106,6 119,8 134,9 446,7 GEA Mechanical Equipment2) 196,9 190,7 210,9 211,2 809,7 200,0 179,9 163,8 174,0 717,5 156,7 173,7 193,1 201,9 725,4 GEA Process Engineering 328,2 395,8 364,5 398,9 1.487,4 270,7 281,9 278,1 313,2 1.144,0 256,9 298,5 330,9 402,2 1.288,5 GEA Refrigeration Technologies 132,5 159,3 142,9 175,9 610,6 122,3 136,9 148,2 158,2 565,6 117,4 135,3 139,7 171,3 563,7 GEA Group excluding HX 735,9 856,2 844,4 916,2 3.352,7 674,5 688,4 695,0 756,1 2.814,0 603,2 700,7 769,7 889,5 2.963,1 GEA Heat Exchangers 398,7 449,8 481,7 529,0 1.859,2 387,0 421,2 372,0 443,1 1.623,4 340,9 370,8 361,6 410,1 1.483,4 GEA Group incl. HX 1.127,2 1.295,8 1.318,0 1.438,0 5.179,0 1.054,5 1.103,9 1.060,8 1.191,9 4.411,2 938,2 1.065,1 1.124,7 1.290,4 4.418,4 Operating EBITDA [in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1)

4,5

7,0 9,4 7,6 19,4

2,9

4,9 7,0 6,4 15,5 13,5 10,3 5,5 6,8 36,2 GEA Farm Technologies 6,0 13,6 21,3 21,5 62,3 0,8 8,1 10,8 9,4 29,1 3,8 6,1 11,8 16,2 37,9 GEA Mechanical Equipment2) 30,1 32,9 32,8 43,5 139,3 26,7 23,2 28,4 37,0 115,2 24,8 26,9 37,7 46,9 136,4 GEA Process Engineering 12,1 26,1 28,0 47,0 113,2 11,1 17,3 21,0 38,6 88,0 14,7 20,5 23,0 48,3 106,5 GEA Refrigeration Technologies 7,7 11,9 11,7 16,9 48,1 4,3 8,6 5,0 10,7 28,6 3,8 8,2 9,2 15,8 37,1 GEA Group excluding HX 51,9 82,7 87,8 120,7 343,0 42,7 57,3 66,2 82,6 248,7 44,9 63,7 79,8 122,3 310,6 GEA Heat Exchangers 42,6 55,7 65,2 79,8 243,2 36,1 38,2 45,5 58,6 178,4 33,2 34,2 38,3 47,0 152,7 GEA Group incl. HX 94,5 138,6 152,7 200,1 585,9 78,8 95,4 111,7 147,2 433,1 78,1 97,9 118,1 169,5 463,5 Operating EBITDA - Margin [in %] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1)

4,9%

7,1% 9,5% 7,2% 4,9%

3,2%

6,2% 8,4% 7,8% 4,6% 13,4% 10,3% 5,9% 6,6% 9,1% GEA Farm Technologies 6,3% 11,0% 15,4% 14,6% 12,4% 0,9% 8,2% 9,6% 8,2% 7,1% 4,4% 5,7% 9,9% 12,0% 8,5% GEA Mechanical Equipment2) 15,3% 17,3% 15,5% 20,6% 17,2% 13,4% 12,9% 17,3% 21,3% 16,1% 15,8% 15,5% 19,5% 23,3% 18,8% GEA Process Engineering 3,7% 6,6% 7,7% 11,8% 7,6% 4,1% 6,2% 7,5% 12,3% 7,7% 5,7% 6,9% 7,0% 12,0% 8,3% GEA Refrigeration Technologies 5,8% 7,5% 8,2% 9,6% 7,9% 3,5% 6,3% 3,4% 6,7% 5,1% 3,2% 6,1% 6,6% 9,2% 6,6% GEA Group excluding HX 7,0% 9,7% 10,4% 13,2% 10,2% 6,3% 8,3% 9,5% 10,9% 8,8% 7,4% 9,1% 10,4% 13,7% 10,5% GEA Heat Exchangers 10,7% 12,4% 13,5% 15,1% 13,1% 9,3% 9,1% 12,2% 13,2% 11,0% 9,7% 9,2% 10,6% 11,5% 10,3% GEA Group incl. HX 8,4% 10,7% 11,6% 13,9% 11,3% 7,5% 8,6% 10,5% 12,4% 9,8% 8,3% 9,2% 10,5% 13,1% 10,5%

GEA - German Investment Seminar January 2015 New York 62

SLIDE 63

engineering for a better world

Key Figures Time Line (2/6)

Order Intake [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 125,5

GEA Farm Technologies

125,9 129,5 140,3 131,7 527,4 148,1 145,7 147,4 142,6 583,9 138,8 155,7 150,7 151,6 596,7 161,6 169,7 166,4 GEA Mechanical Equipment2) 219,2 332,5 329,5 323,6 1.204,7 336,2 329,0 327,1 355,6 1.347,9 329,7 346,4 357,7 334,4 1.368,2 339,1 329,1 328,7 GEA Process Engineering 401,5 426,2 433,3 449,0 1.709,9 511,3 401,2 468,5 469,2 1.850,2 481,3 570,0 515,2 494,6 2.061,0 366,7 500,9 506,4 GEA Refrigeration Technologies 152,7 162,8 164,8 170,1 650,4 177,9 180,4 200,1 197,8 756,2 177,9 181,2 174,9 192,3 726,3 192,9 204,1 195,0 GEA Group excluding HX 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 1.095,1 1.220,0 1.168,3 1.144,4 4.627,9 1.024,3 1.169,9 1.167,9 GEA Heat Exchangers 375,5 445,6 369,8 462,3 1.653,2 406,1 379,0 375,1 349,7 1.509,8 361,9 363,5 348,1 426,8 1.500,3 399,7 350,0 290,2 GEA Group incl. HX 1.242,1 1.462,5 1.402,8 1.502,2 5.609,7 1.544,9 1.401,0 1.477,3 1.477,9 5.901,1 1.447,1 1.574,0 1.509,2 1.562,5 6.092,7 1.415,1 1.510,0 1.449,9 Order Backlog [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 104,4

GEA Farm Technologies

85,4 92,5 93,9 74,4 74,4 104,5 117,3 107,1 79,9 79,9 107,8 120,9 112,2 85,6 85,6 114,3 129,8 120,8 GEA Mechanical Equipment2) 304,1 431,2 445,9 395,2 395,2 446,5 452,9 442,5 438,4 438,4 442,6 446,5 456,8 428,4 428,4 456,3 437,5 421,7 GEA Process Engineering 888,2 927,4 972,2 951,2 951,2 1.082,3 1.104,5 1.142,5 1.069,6 1.069,6 1.164,2 1.269,5 1.334,9 1.290,5 1.290,5 1.267,9 1.304,7 1.370,5 GEA Refrigeration Technologies 210,4 206,6 206,1 197,0 197,0 224,4 245,8 265,4 257,0 257,0 283,6 268,8 253,1 229,5 229,5 272,2 288,1 293,9 GEA Group excluding HX 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 1.982,6 2.085,3 2.136,2 2.015,5 2.015,5 2.086,7 2.137,2 2.185,4 GEA Heat Exchangers 1.092,5 1.135,4 1.063,5 1.086,0 1.086,0 1.103,2 1.074,1 1.045,5 933,3 933,3 979,3 846,5 799,5 805,1 805,1 878,8 874,8 815,7 GEA Group incl. HX 2.666,6 2.770,6 2.755,7 2.677,3 2.677,3 2.935,6 2.967,4 2.967,8 2.751,6 2.751,6 2.950,0 2.919,1 2.926,5 2.810,9 2.810,9 2.956,6 2.999,5 2.989,3 Sales [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 112,9

GEA Farm Technologies

99,6 118,3 138,1 153,8 509,8 117,8 133,1 157,8 172,3 580,9 110,8 133,8 156,9 176,2 577,7 126,6 154,2 176,4 GEA Mechanical Equipment2) 191,6 311,1 317,0 371,0 1.190,7 269,3 319,2 328,6 349,2 1.266,4 298,1 334,0 336,3 359,3 1.327,8 310,0 340,4 349,2 GEA Process Engineering 300,8 385,1 394,7 496,6 1.577,2 373,2 401,2 423,6 518,3 1.716,3 394,3 435,6 441,3 526,7 1.798,0 390,7 469,1 453,8 GEA Refrigeration Technologies 132,8 166,6 166,2 181,6 647,2 149,5 165,2 177,0 203,1 694,8 152,1 189,2 184,8 210,6 736,6 154,9 189,0 196,4 GEA Group excluding HX 706,7 964,6 980,5 1.176,4 3.828,3 880,5 994,1 1.060,5 1.207,2 4.142,3 924,2 1.064,6 1.089,1 1.242,2 4.320,0 950,7 1.117,7 1.146,0 GEA Heat Exchangers 338,1 390,9 424,2 463,6 1.616,8 389,7 404,3 392,1 422,7 1.608,8 318,1 385,9 380,8 404,2 1.489,1 311,4 355,7 377,5 GEA Group incl. HX 1.038,0 1.349,0 1.397,4 1.632,2 5.416,5 1.263,7 1.391,3 1.445,6 1.619,6 5.720,1 1.232,7 1.441,9 1.459,5 1.638,1 5.772,2 1.253,1 1.466,4 1.514,3 Operating EBITDA [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 6,2

GEA Farm Technologies

5,0 8,4 15,0 16,8 45,2 5,0 11,2 17,8 24,5 58,5 3,1 8,5 17,6 27,8 56,9 6,1 13,1 22,3 GEA Mechanical Equipment2) 32,7 50,9 51,5 69,9 204,9 32,9 47,7 54,9 63,8 199,3 38,6 48,3 56,8 71,0 214,7 42,1 48,4 55,4 GEA Process Engineering 20,0 31,2 38,6 73,4 163,2 20,1 39,4 43,0 75,9 178,4 29,4 45,0 46,3 82,5 203,2 30,2 48,8 49,4 GEA Refrigeration Technologies 8,9 14,5 14,1 22,4 60,0 11,0 13,4 16,0 24,9 65,2 9,6 16,8 17,1 27,5 71,0 12,4 19,9 23,6 GEA Group excluding HX 62,4 100,3 119,8 187,0 469,6 68,0 110,7 132,3 183,5 494,4 72,4 118,4 133,5 205,7 530,1 85,1 128,0 149,0 GEA Heat Exchangers 29,5 35,3 46,9 48,7 160,4 32,6 35,9 37,5 61,5 167,5 26,1 37,6 38,6 55,9 158,2 25,8 32,7 43,7 GEA Group incl. HX 91,9 135,7 166,7 235,7 630,1 100,6 146,6 169,8 245,0 661,9 98,5 156,0 172,1 261,6 688,3 110,6 160,3 192,7 Operating EBITDA - Margin [in %] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 5,5%

GEA Farm Technologies

5,0% 7,1% 10,8% 10,9% 8,9% 4,2% 8,5% 11,3% 14,2% 10,1% 2,8% 6,4% 11,2% 15,8% 9,9% 4,8% 8,5% 12,7% GEA Mechanical Equipment2) 17,1% 16,4% 16,2% 18,8% 17,2% 12,2% 14,9% 16,7% 18,3% 15,7% 12,9% 14,5% 16,9% 19,8% 16,2% 13,6% 14,2% 15,9% GEA Process Engineering 6,6% 8,1% 9,8% 14,8% 10,3% 5,4% 9,8% 10,1% 14,6% 10,4% 7,5% 10,3% 10,5% 15,7% 11,3% 7,7% 10,4% 10,9% GEA Refrigeration Technologies 6,7% 8,7% 8,5% 12,4% 9,3% 7,3% 8,1% 9,0% 12,2% 9,4% 6,3% 8,9% 9,3% 13,1% 9,6% 8,0% 10,5% 12,0% GEA Group excluding HX 8,8% 10,4% 12,2% 15,9% 12,3% 7,7% 11,1% 12,5% 15,2% 11,9% 7,8% 11,1% 12,3% 16,6% 12,3% 9,0% 11,5% 13,0% GEA Heat Exchangers 8,7% 9,0% 11,1% 10,5% 9,9% 8,4% 8,9% 9,6% 14,5% 10,4% 8,2% 9,7% 10,1% 13,8% 10,6% 8,3% 9,2% 11,6% GEA Group incl. HX 8,9% 10,1% 11,9% 14,4% 11,6% 8,0% 10,5% 11,7% 15,1% 11,6% 8,0% 10,8% 11,8% 16,0% 11,9% 8,8% 10,9% 12,7%

GEA - German Investment Seminar January 2015 New York 63

SLIDE 64

engineering for a better world

Key Figures Time Line (3/6)

EBITDA reported [in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1)

4,5

7,0 9,4 7,6 19,4

2,9

4,9 7,0 6,4 15,5 13,5 10,3 5,5 6,8 36,2 GEA Farm Technologies 6,0 13,6 21,3 21,5 62,3 0,8 6,0 10,2 5,9 23,0 3,8 5,7 11,7 13,1 34,3 GEA Mechanical Equipment2) 30,1 32,9 32,8 43,5 139,3 26,7 23,1 26,6 27,1 103,5 24,8 25,3 28,9 45,2 124,1 GEA Process Engineering 12,1 26,1 28,0 47,0 113,2 10,2 14,0 11,2 30,9 66,4 14,7 19,8 22,8 48,1 105,4 GEA Refrigeration Technologies 7,7 11,9 11,7 16,9 48,1 4,0 8,1 3,9 6,6 22,5 3,7 7,5 7,1 2,6 21,0 GEA Group excluding HX 49,8 80,5 85,6 118,5 334,4 38,6 49,0 48,3 51,7 187,6 47,0 57,2 65,4 102,3 271,9 GEA Heat Exchangers 42,6 55,7 65,2 79,8 243,2 35,5 30,7 35,2 59,4 160,8 32,1 23,4 18,7 15,2 89,4 GEA Group incl. HX 94,5 138,6 152,7 200,1 585,9 76,7 82,3 87,9 121,8 368,7 76,8 83,3 86,7 118,9 365,7 Operating EBIT [in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1)

8,6

3,4 6,1 4,4 5,3

8,2

1,5 3,7 3,4 0,4 9,5 7,0 1,6 3,1 21,2 GEA Farm Technologies 4,3 11,9 19,5 19,5 55,2

1,3

6,0 8,6 7,0 20,3 1,0 3,1 8,8 13,4 26,3 GEA Mechanical Equipment2) 27,2 29,9 29,6 39,7 126,4 23,3 19,4 24,7 32,8 100,2 20,8 22,8 33,6 39,7 117,0 GEA Process Engineering 9,5 23,5 25,2 43,6 101,8 8,0 14,2 18,0 35,5 75,7 11,5 17,2 19,8 44,7 93,2 GEA Refrigeration Technologies 5,9 10,0 9,9 15,4 41,2 2,5 6,6 3,1 8,9 21,1 1,9 6,3 7,3 13,9 29,4 GEA Group excluding HX 40,6 71,0 75,4 107,2 294,1 29,4 43,4 52,4 66,3 191,6 29,9 48,5 65,3 104,1 247,9 GEA Heat Exchangers 36,5 49,3 58,4 72,3 216,6 28,5 29,8 37,0 49,0 144,3 24,5 25,1 29,2 40,0 118,8 GEA Group incl. HX 77,1 120,6 133,6 179,1 510,4 57,9 73,3 89,4 121,4 341,9 54,4 73,6 94,5 144,3 366,8 Operating EBIT - Margin [in %] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1)

9,4%

3,4% 6,2% 4,2% 1,3%

9,2%

1,9% 4,5% 4,1% 0,1% 9,4% 7,0% 1,7% 3,0% 5,3% GEA Farm Technologies 4,6% 9,6% 14,1% 13,2% 10,9%

1,5%

6,1% 7,6% 6,1% 4,9% 1,2% 2,9% 7,4% 9,9% 5,9% GEA Mechanical Equipment2) 13,8% 15,7% 14,0% 18,8% 15,6% 11,6% 10,8% 15,1% 18,8% 14,0% 13,3% 13,1% 17,4% 19,7% 16,1% GEA Process Engineering 2,9% 5,9% 6,9% 10,9% 6,8% 3,0% 5,0% 6,5% 11,3% 6,6% 4,5% 5,8% 6,0% 11,1% 7,2% GEA Refrigeration Technologies 4,5% 6,3% 6,9% 8,7% 6,8% 2,0% 4,8% 2,1% 5,6% 3,7% 1,6% 4,6% 5,3% 8,1% 5,2% GEA Group excluding HX 5,5% 8,3% 8,9% 11,7% 8,8% 4,4% 6,3% 7,5% 8,8% 6,8% 5,0% 6,9% 8,5% 11,7% 8,4% GEA Heat Exchangers 9,2% 11,0% 12,1% 13,7% 11,7% 7,4% 7,1% 9,9% 11,1% 8,9% 7,2% 6,8% 8,1% 9,8% 8,0% GEA Group incl. HX 6,8% 9,3% 10,1% 12,5% 9,9% 5,5% 6,6% 8,4% 10,2% 7,8% 5,8% 6,9% 8,4% 11,2% 8,3% EBIT reported [in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1)

8,6

3,4 6,1 4,4 5,3

8,2

1,5 3,7 3,4 0,4 9,5 7,0 1,6 3,1 21,2 GEA Farm Technologies 4,1 11,6 18,8 18,8 53,4

1,6

3,6 7,4 3,1 12,4 0,5 2,2 8,1 9,2 20,0 GEA Mechanical Equipment2) 27,0 29,7 29,4 39,5 125,6 23,0 19,1 22,7 22,7 87,6 20,5 21,0 24,6 37,6 103,8 GEA Process Engineering 9,2 23,1 24,8 43,1 100,2 6,7 10,4 7,8 27,4 52,3 11,1 16,1 19,1 43,9 90,2 GEA Refrigeration Technologies 5,9 9,8 9,7 15,2 40,7 1,8 5,9 1,7 3,9 13,3 1,5 5,3 5,0 0,4 12,2 GEA Group excluding HX 37,6 67,7 71,7 103,5 280,5 24,0 33,7 33,0 33,4 124,2 30,5 40,4 49,3 82,0 202,2 GEA Heat Exchangers 36,4 49,1 58,1 71,8 215,4 27,2 21,8 26,0 48,8 123,8 22,8 13,4 8,9

15,2

29,9 GEA Group incl. HX 76,1 119,3 131,8 177,1 504,2 53,8 58,1 63,5 92,8 268,2 51,0 56,4 60,8 68,2 236,5

GEA - German Investment Seminar January 2015 New York 64

SLIDE 65

engineering for a better world

Key Figures Time Line (4/6)

EBITDA reported [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 6,2

GEA Farm Technologies

5,0 8,4 15,0 16,8 45,2 5,0 11,2 17,8 24,2 58,2 2,8 8,5 17,6 27,8 56,7 6,1 13,1 19,8 GEA Mechanical Equipment2) 32,7 31,4 52,1 69,9 186,1

3,0

43,5 48,3 46,1 134,9 38,6 48,3 56,8 71,0 214,7 42,1 48,4 53,6 GEA Process Engineering 20,0 31,2 38,6 73,4 163,2 20,1 39,4 42,7 75,9 178,1 29,4 45,0 46,3 82,5 203,2 30,2 48,8 49,3 GEA Refrigeration Technologies 8,9 14,3 14,1 21,7 59,0 11,0 13,4 16,0 24,9 65,2 9,6 16,8 17,1 27,5 71,0 12,4 19,9 21,6 GEA Group excluding HX 59,9 78,1 117,9 184,4 440,3 29,4 104,1 123,0 163,5 420,1 71,1 113,8 130,0 200,3 515,2 83,0 123,1 140,0 GEA Heat Exchangers 29,5 35,3 46,9 48,6 160,3 32,6 35,9 37,5 61,5 167,5 26,0 36,3 38,4 54,5 155,2 25,8 32,7 42,2 GEA Group incl. HX 91,9 116,0 167,4 234,9 610,2 64,7 142,4 162,9 226,9 597,0 98,1 152,4 168,9 240,5 659,8 106,7 151,5 180,0 Operating EBIT [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 2,8

GEA Farm Technologies

2,1 5,6 12,1 14,0 33,8 1,9 8,2 14,7 21,5 46,3 0,1 5,5 14,4 24,5 44,6 3,1 10,0 19,3 GEA Mechanical Equipment2) 28,6 44,4 44,8 64,0 181,7 26,8 42,6 49,1 57,0 175,5 32,7 42,0 50,1 62,8 187,6 34,5 40,8 47,6 GEA Process Engineering 16,5 27,6 34,6 69,4 148,2 16,6 35,8 39,1 71,3 162,7 25,7 41,2 42,4 79,0 188,3 26,6 45,0 45,6 GEA Refrigeration Technologies 7,1 12,3 11,9 20,1 51,3 8,7 11,1 13,8 22,6 56,2 7,3 14,3 14,7 25,2 61,5 10,0 17,4 21,1 GEA Group excluding HX 48,2 83,2 101,9 169,3 402,6 50,7 94,9 115,4 164,7 425,8 55,4 101,0 115,6 186,8 458,8 66,8 109,3 130,2 GEA Heat Exchangers 20,8 26,5 37,9 36,7 121,8 24,0 27,6 31,3 52,1 135,0 17,8 29,0 30,0 46,5 123,3 17,6 24,4 35,1 GEA Group incl. HX 69,0 109,7 139,8 206,1 524,6 74,7 122,5 146,7 216,8 560,8 73,2 129,9 145,6 233,3 582,1 84,1 133,3 165,3 Operating EBIT - Margin [in %] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 2,5%

GEA Farm Technologies

2,1% 4,7% 8,7% 9,1% 6,6% 1,6% 6,2% 9,3% 12,5% 8,0% 0,1% 4,1% 9,2% 13,9% 7,7% 2,4% 6,5% 10,9% GEA Mechanical Equipment2) 14,9% 14,3% 14,1% 17,2% 15,3% 9,9% 13,3% 15,0% 16,3% 13,9% 11,0% 12,6% 14,9% 17,5% 14,1% 11,1% 12,0% 13,6% GEA Process Engineering 5,5% 7,2% 8,8% 14,0% 9,4% 4,4% 8,9% 9,2% 13,8% 9,5% 6,5% 9,5% 9,6% 15,0% 10,5% 6,8% 9,6% 10,1% GEA Refrigeration Technologies 5,3% 7,4% 7,2% 11,0% 7,9% 5,8% 6,7% 7,8% 11,1% 8,1% 4,8% 7,6% 8,0% 12,0% 8,4% 6,4% 9,2% 10,7% GEA Group excluding HX 6,8% 8,6% 10,4% 14,4% 10,5% 5,8% 9,5% 10,9% 13,6% 10,3% 6,0% 9,5% 10,6% 15,0% 10,6% 7,0% 9,8% 11,4% GEA Heat Exchangers 6,1% 6,8% 8,9% 7,9% 7,5% 6,2% 6,8% 8,0% 12,3% 8,4% 5,6% 7,5% 7,9% 11,5% 8,3% 5,7% 6,9% 9,3% GEA Group incl. HX 6,6% 8,1% 10,0% 12,6% 9,7% 5,9% 8,8% 10,1% 13,4% 9,8% 5,9% 9,0% 10,0% 14,2% 10,1% 6,7% 9,1% 10,9% EBIT reported [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) 2,8

GEA Farm Technologies

1,5 5,0 11,4 13,2 31,1 1,2 7,5 13,9 20,3 42,9

0,9

4,8 13,7 23,7 41,2 2,3 9,3 16,0 GEA Mechanical Equipment2) 28,4 17,6 38,9 60,3 145,2

12,8

34,5 38,5 21,8 82,1 28,7 38,1 46,1 58,8 171,7 30,5 37,0 41,9 GEA Process Engineering 16,1 27,2 34,1 68,8 146,1 15,9 35,0 38,1 70,8 159,8 25,0 40,6 41,8 78,3 185,7 26,0 44,3 44,9 GEA Refrigeration Technologies 6,8 10,6 11,1 18,0 46,6 8,2 10,6 13,3 22,0 54,0 6,8 13,8 14,2 24,2 59,0 9,4 16,8 18,6 GEA Group excluding HX 44,0 51,1 91,6 160,2 347,0 6,5 82,3 100,1 125,4 314,3 48,1 90,4 106,0 175,1 419,6 58,7 98,7 115,4 GEA Heat Exchangers 20,2 25,7 37,2 35,0 118,0 23,4 27,0 30,7 49,2 130,3 17,1 27,1 29,3 42,4 116,0 17,0 23,8 10,6 GEA Group incl. HX 66,8 79,3 131,3 197,2 474,6 32,6 111,7 133,1 176,5 453,9 66,2 119,7 135,8 203,2 525,0 73,6 118,2 123,8

GEA - German Investment Seminar January 2015 New York 65

SLIDE 66

engineering for a better world

Key Figures Time Line (5/6)

Capital Employed w/o goodwill3) (average LTM) [in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1) n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Farm Technologies n.a. n.a. n.a. 204,0 204,0 219,7 235,5 241,7 241,4 241,4 250,5 260,9 271,3 284,0 284,0 GEA Mechanical Equipment2) n.a. n.a. n.a. 349,8 349,8 364,3 371,3 374,2 367,7 367,7 346,5 327,9 309,9 300,7 300,7 GEA Process Engineering n.a. n.a. n.a. 270,6 270,6 274,2 276,2 269,7 255,1 255,1 241,1 235,7 237,8 238,9 238,9 GEA Refrigeration Technologies n.a. n.a. n.a. 221,1 221,1 236,8 249,9 258,6 258,7 258,7 244,9 226,6 202,4 177,9 177,9 GEA Group excluding HX n.a. n.a. n.a. 1.063,4 1.063,4 1.097,4 1.117,9 1.113,4 1.094,3 1.094,3 1.078,4 1.071,0 1.066,0 1.069,5 1.069,5 GEA Heat Exchangers n.a. n.a. n.a. 707,3 707,3 757,2 789,7 793,4 752,0 752,0 711,8 687,1 677,7 672,8 672,8 GEA Group incl. HX n.a. n.a. n.a. 1.772,4 1.772,4 1.853,4 1.903,4 1.899,0 1.835,9 1.835,9 1.780,9 1.750,3 1.738,4 1.739,9 1.739,9 ROCE w/o goodwill4) LTM [in%] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010 GEA Food Solutions1) n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. GEA Farm Technologies n.a. n.a. n.a. 26,2% 26,2% 21,7% 16,8% 11,6% 5,1% 5,1% 5,8% 5,0% 5,1% 7,1% 7,1% GEA Mechanical Equipment2) n.a. n.a. n.a. 35,9% 35,9% 33,4% 29,9% 27,9% 23,8% 23,8% 24,5% 26,5% 28,7% 34,5% 34,5% GEA Process Engineering n.a. n.a. n.a. 37,0% 37,0% 35,7% 30,8% 25,2% 20,5% 20,5% 23,5% 26,4% 31,0% 37,7% 37,7% GEA Refrigeration Technologies n.a. n.a. n.a. 18,4% 18,4% 15,5% 13,1% 9,5% 5,1% 5,1% 5,3% 5,5% 7,8% 6,9% 6,9% GEA Group excluding HX n.a. n.a. n.a. 26,4% 26,4% 24,3% 20,8% 17,4% 11,3% 11,3% 12,1% 12,8% 14,4% 18,9% 18,9% GEA Heat Exchangers n.a. n.a. n.a. 30,5% 30,5% 27,2% 22,7% 18,5% 16,5% 16,5% 16,8% 16,2% 13,8% 4,4% 4,4% GEA Group incl. HX n.a. n.a. n.a. 28,4% 28,4% 26,0% 22,1% 18,6% 14,6% 14,6% 14,9% 15,1% 15,0% 13,6% 13,6% Capital Employed w/o goodwill3) (average LTM) [in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) n.a. n.a. n.a. n.a. n.a.

GEA Farm Technologies

288,6 289,7 292,5 297,7 297,7 302,1 308,2 314,8 319,3 319,3 324,7 327,9 327,4 325,4 325,4 322,4 321,2 323,7 GEA Mechanical Equipment2) 303,6 481,6 625,8 770,7 770,7 874,7 903,6 929,1 949,5 949,5 966,9 972,6 977,2 985,9 985,9 999,0 1.012,7 1.023,2 GEA Process Engineering 237,4 235,8 238,7 249,0 249,0 273,3 290,0 296,7 286,0 286,0 270,8 262,2 253,5 253,9 253,9 249,4 248,8 253,2 GEA Refrigeration Technologies 176,5 187,8 205,4 225,9 225,9 241,8 249,0 253,6 254,7 254,7 255,6 256,1 257,3 259,5 259,5 259,1 261,1 263,4 GEA Group excluding HX 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 1.890,1 1.890,6 1.886,5 1.895,0 1.895,0 1.900,4 1.912,0 1.929,0 GEA Heat Exchangers 680,7 684,2 691,6 694,6 694,6 690,5 688,2 675,9 669,9 669,9 658,2 646,6 641,2 634,7 634,7 639,8 644,3 648,7 GEA Group incl. HX 1.796,3 1.949,7 2.128,3 2.314,2 2.314,2 2.462,7 2.518,1 2.548,2 2.556,5 2.556,5 2.546,1 2.534,0 2.523,5 2.525,5 2.525,5 2.536,5 2.553,6 2.576,1 ROCE w/o goodwill4) LTM [in%] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013 Q1 14 Q2 14 Q3 14 GEA Food Solutions1) n.a. n.a. n.a. n.a. n.a.

GEA Farm Technologies

7,3% 8,3% 9,3% 10,4% 10,4% 10,2% 10,8% 11,3% 13,4% 13,4% 12,6% 11,6% 11,5% 12,7% 12,7% 13,8% 15,2% 15,8% GEA Mechanical Equipment2) 36,8% 22,5% 19,6% 18,8% 18,8% 11,9% 13,4% 13,0% 8,6% 8,6% 12,8% 13,1% 13,8% 17,4% 17,4% 17,4% 17,0% 16,5% GEA Process Engineering 40,1% 45,1% 50,8% 58,7% 58,7% 53,4% 53,0% 53,2% 55,9% 55,9% 62,4% 66,6% 70,3% 73,2% 73,2% 74,6% 76,5% 76,4% GEA Refrigeration Technologies 9,9% 12,2% 14,1% 20,6% 20,6% 19,8% 19,2% 19,7% 21,2% 21,2% 20,6% 21,8% 22,1% 22,7% 22,7% 23,8% 24,8% 26,2% GEA Group excluding HX 19,3% 17,9% 18,7% 21,4% 21,4% 17,5% 18,6% 18,6% 16,7% 16,7% 18,8% 19,3% 19,6% 22,1% 22,1% 22,6% 22,9% 23,2% GEA Heat Exchangers 4,0% 5,8% 9,8% 17,0% 17,0% 17,6% 17,8% 17,2% 19,4% 19,4% 18,8% 19,2% 19,1% 18,3% 18,3% 18,1% 17,5% 14,5% GEA Group incl. HX 14,0% 14,1% 16,2% 20,5% 20,5% 17,9% 18,8% 18,6% 17,8% 17,8% 19,2% 19,6% 19,7% 20,8% 20,8% 21,0% 20,8% 20,1%

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Key Figures Time Line (6/6): Remarks

1) All historical figures for GEA FS before Q2 2011 are pro-forma figures only and haven't been audited due to the fact that GEA

FS's Financial Year was ending end of February. The listed historical figures before Q2 2011 are not included in the Group- numbers of the corresponding period.

2) Since Q2 2011 GEA ME figures includes GEA FS 3) Capital employed excluding goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999. 4) ROCE LTM = EBIT reported (LTM) / Capital employed excluding goodwill from the acquisition of the former GEA AG by the

former Metallgesellschaft AG in 1999 (average LTM).

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engineering for a better world

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

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engineering for a better world

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 Axel Wolferts +49 211 9136 1490 axel.wolferts @gea.com Rebecca Grabotin +49 211 9136 1081 rebecca.grabotin @gea.com

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