ANDRITZ GROUP INNOVATIVE TECHNOLOGIES FOR THE PLANET A GLOBAL PARTNER FOR KEY INDUSTRIES THAT SHAPE THE WORLD

THE ANDRITZ GROUP ANDRITZ is a globally leading supplier of plants, equipment, systems and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors as well as for animal feed and biomass pelleting. Global presence Headquarters in Graz, Austria; over 250 production sites and service/sales companies worldwide KEY FINANCIAL FIGURES: UNIT Q1 2018 2017 Order backlog (as of end of period) MEUR 6,553.2 6,383.0 Net income (including non-controlling interests) MEUR 44.0 265.6...

A WORLD MARKET LEADER WITH FOUR BUSINESS AREAS PULP & PAPER METALS SEPARATION PRODUCT OFFERINGS Equipment for production of all types of pulp, paper, tissue, and board; energy boilers. PRODUCT OFFERINGS Electromechanical equipment for hydropower plants (turbines, generators); pumps; turbo generators. PRODUCT OFFERINGS Presses/press lines for metal forming (Schuler); systems for production of stainless steel, carbon steel, and non-ferrous metal strip; industrial furnace plants. PRODUCT OFFERINGS Equipment for solid/liquid separation for municipalities and various industries; equipment for production...

LONG-TERM GROWTH BASED ON ACQUISITIONS AND ORGANIC EXPANSION Compound Annual Growth Rate (CAGR) of Group sales 2007-2017: +6% p.a. (thereof approximately half from organic growth) 6,377 5,711 Order intake (MEUR) 4 / ANDRITZ METALS / BUSINESS AREA PRESENTATION, MAY 2018 / © COPYRIGHT ANDRITZ

STRENGTHENING OF MARKET POSITION BY ACQUISITIONS Acquisitions by business area since 1990 HYDRO PULP & PAPER METALS SEPARATION 2006 VA TECH HYDRO 1990 Sprout-Bauer 2006 Pilao 1997 Sundwig 1992 TCW Engineering 2011 Hemicycle Controls 2000 Voith Andritz Tissue 2011 AE&E Austria 2012 Bricmont 2004 Fluid Bed Systems 2003 AcutestOy 2011 Asselin-Thibeau 2013 FBB Engineering 2009 Delkor Capital Equipment 2005 Universal Dynamics Group 2016 SHW Casting Technologies 2017 Powerlase (51%) 2013 Shende Machinery 5 / ANDRITZ...

GROUP STRATEGY AND LONG-TERM GOALS LONG-TERM PROFITABLE GROWTH EXTEND MARKET POSITIONS • Serving markets with long-term and sustained growth potential • Focus on markets with high growth rates • Expansion of product portfolio through organic growth (R&D) and acquisitions • Extending existing position in Europe and North America • Achieve annual sales growth averaging 5-8% depending on market growth and acquisitions TECHNOLOGICAL AND COST LEADERSHIP • Become preferred supplier by virtue of technology, quality and references • Development of innovative and sustainable technologies through intensive...

ANDRITZ SHARE PERFORMANCE Q1 2018: -3.6% Performance since IPO (June 2001): +1,626% (ATX: +177%) Market capitalization (as of March 31, 2018): 4.7 billion EUR SHAREHOLDER STRUCTURE AS OF MARCH 31, 2018 Free float ~68.5% Certus 5.72% Custos 25% + 1 share Cerberus 0.77% 7 / ANDRITZ METALS / BUSINESS AREA PRESENTATION, MAY 2018 / © COPYRIGHT ANDRITZ

• Under the technology brand Metris, ANDRITZ offers a broad portfolio of intelligent, digital solutions and products. • Metris technologies are fully tailored to individual customer needs and optimize industrial procedures and processes. The results for the customers: • Enhancing plant efficiency and profitability • Optimizing the use of resources • Constant and highest product quality • Avoiding production downtime • Maximum user-friendliness, e.g. easy control via smartphone/tablet PC/smartglasses Metris: Digital, all-embracing, forward-looking, and adding value Industrial Internet ot Things V....

VISION OF THE ANDRITZ GROUP In our chosen markets, we are global leaders with a passion for innovative engineering solutions. As technology and quality leader, we create sustainable value for our customers and shareholders, thus ensuring the continuation of our long-term profitable growth. 9 / ANDRITZ METALS / BUSINESS AREA PRESENTATION, MAY 2018 / © COPYRIGHT ANDRITZ

ANDRITZ METALS ACHIEVING CUSTOMER SATISFACTION MAY 2018

ANDRITZ METALS SINGLE SOURCE COMPETENCE Carbon and stainless steel, aluminum and copper INDUSTRIAL FURNACE PICKLING, ACID REGENERATION ANNEALING, HEAT TREATMENT SERVICE SOLUTIONS PLANT REVAMPS AND UPGRADES 11 / ANDRITZ METALS / BUSINESS AREA PRESENTATION, MAY 2018 / © COPYRIGHT ANDRITZ

FUNDMENTALS. OUR EXCELLENCE Schuler AG Thermtec Powerlase Soutec AG Selas France SA FBB GmbH Lynson United Utilities Sundwiger Eisenhutte Maschinenfabrik Herr-Voss Stamco MAERZ-Gautschi Industrieofenanlagen GmbH Otto Kaiser GmbH 12 / ANDRITZ METALS / BUSINESS AREA PRESENTATION, FEBRUARY 2018 / © COPYRIGHT ANDRITZ

FINDING SOLUTIONS TO ANY CHALLENGE! A reliable partner for the production and processing of stainless steel, carbon steel and non-ferrous metals with strong focus on • Research and development • Manufacturing and engineering • Project and site management • Automation • Life-cycle full service 13 / ANDRITZ METALS / BUSINESS AREA PRESENTATION, MAY 2018 / © COPYRIGHT ANDRITZ

A PASSION FOR INNOVATION! Focus on supporting customers to: • Implement digital IloT solutions, especially: • Optimization of Process Performance (OPP) based on big data • Digital Twins • Predictive models/controllers e.g. Advanced Furnace Model (AFC) • Process new steel and aluminum grades for the automotive industry (e.g. 3rd gen. AHSS, TWBs, PHS) • Achieve sustainable production and minimize the consumption of utilities We operate 5 innovation centers in Europe and USA. 14 / ANDRITZ METALS / BUSINESS AREA PRESENTATION, MAY 2018 / © COPYRIGHT ANDRITZ

BENEFIT FROM OUR MANUFACTURING CAPABILITIES! • Consistent technological development • Consistent improvement of reliability • Quality • Service (upgrades, rebuilds, spare & wear parts) STRATEGY • Production of key components • High- and consistent quality due to ANDRITZ manufacturing standard • Excellent in engineering, design and planning 15 / ANDRITZ METALS / BUSINESS AREA PRESENTATION, MAY 2018 / © COPYRIGHT ANDRITZ