SANDVIK ROCK PROCESSING SOLUTIONSCAPITAL MARKETS DAY 2020

ANDERS SVENSSON President

November 3, 2020

SRP IN BRIEF

2

SALES BY SEGMENTS

SALES AND EBIT DEVELOPMENT(FY2019 ROCE 25%)

2016 Q1-2020 Q3

*Adjusted for Items Affecting Comparability

MINING

45%EQUIPMENT

48%

CONSTRUCTION

55%AFTERMARKET

52%

12 months Q419 – Q320

12 months Q419 – Q320

29%

43%

28%

GEOGRAPHY

AMERICAS

EMEA

ASIA PACIFIC

4 000

5 000

6 000

7 000

8 000

-

500

1 000

1 500

2 000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2016 2017 2018 2019 2020

Revenues, reported Organic revenues, 12 M rolling

0%

5%

10%

15%

20%

25%

-

50

100

150

200

250

300

350

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2016 2017 2018 2019 2020

EBIT* EBIT%* R12M EBIT%*

MSEK MSEK MSEK %

SRP VS. MARKET GROWTH OUTLOOK

3

45%

55%

SRP SALES EXPOSURE

GROWTH RATES

1,5-2%

Mining industry

total ~ 2%

SRP weighted

growth outlook 2.5 - 3%

Construction

industry total ~2%

INDUSTRY EXPOSURE

SOURCE: Macrobond, SNL, Fitch, ITA

CONSTRUCTION

55%

MINING

45%

DEMAND DRIVERS

4

CUSTOMER TRENDS SHAPING THE MARKET

More energy-efficient comminution, processes and technologies together with

larger data sets drive development within the industry. This contribute directly

to the industry’s target of sustainable comminution, protecting the environment,

and reduce operational costs while delivering shareholder value.

SUSTAINABILITY FOCUS IN

MINING PROCESSING

Eco efficient comminution

gaining traction as customers

focuses on energy and water

conservation

SHIFTING DYNAMICS IN

QUARRYING

Consolidation towards

larger capacity quarries

driven by productivity,

cost per ton,

sustainability and EHS

DIGITALIZATION CONTINUES

TO REMAIN IN FOCUS

Demand for digital

services continues to

grow.

Productivity gains

and operations

insights in focus

STRATEGIC

FOCUS AREAS

5

Safe and

sustainable

Lifecycle

perspective

Eco

efficiency

Agile execution

with exceptional

people

Evolve portfolio

and partner-

ships

SETTING UP FOR GROWTH

6

Automation & digitalization

Expand aftermarket offering

Sales channel optimization

Eco efficiency

Acquisitions & partnerships

7

Expand aftermarket offering

INCREASED AFTERMARKET PENETRATION

2019-2025

When worn out becomes new again

8

Complementary acquisitions or strategic partnerships in core and adjacent technologies and markets

Acquisitions & partnershipsACQUISITIONS

PARTNERSHIPS

9

Direct sales

Sales channel optimization

Distributor sales

OEM sales

Significant growth

potential in indirect

sales channels

10

Automation & digitalization

>60%Of our customers utilizing

our digital services 2025

800i Cone Crusher series

Evolution on the outside,

revolution on the inside

11

Establish Sandvik Rock Processing Solutions as a market leader within eco efficient rock processing.

Eco efficiency

SETTING UP FOR GROWTH

12

Expand aftermarket offering

Sales channel optimization

>2xMARKET GROWTH

Eco efficiency

Automation & digitalization

Acquisitions & partnerships