Meyer Burger Investor Presentation

China's anti-competition practices have created a challenging market situation especially in the EU • • European market needs industrial policy intervention to cure the prevailing market failure In 2022 China exported 85 GW of PV modules to Europe, accounting for 56% of the total exported volume of 154 GW1 Europe installed about 40 GW during the same year, leading to an oversupply of 45 GW of modules stocked in EU ports by Chinese companies by December 2022 CIF prices of these Chinese modules remained stable. between 25 and 30 USD cents in 2022, with reported production cost during the same year of 24 USD cents¹ Image: iStock by Getty Images 1) Wood Mackenzie China's solar exports booming, up 64% in 2022 despite global trade tensions | Wood Mackenzie (2023) 2) Solar price index & Solar module price development (pvxchange.com) MEYER BURGER . These modules are now being sold at as low as 15 USD2 cents what meets the definition of dumping Solar module imports from China into the EU continued to increase this year, despite the high inventory levels Meyer Burger Technology AG, Presentation for Investors, Analysts and Media, August 17, 2023 6

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